Supplemental Indenture No. 3



 Exhibit 4.3 
 Execution Version 
 SUPPLEMENTAL INDENTURE NO. 3 

SUPPLEMENTAL INDENTURE No. 3 (this “Supplemental Indenture”), dated as of May 7, 2012 among EVERTEC, LLC, a
Puerto Rico limited liability company (formerly known as EVERTEC, Inc., the “Issuer”), EVERTEC Finance Corp., a Puerto Rico corporation and Wholly-Owned Subsidiary of the Issuer, as Co-Issuer (“Finance Corp” and,
together with the Issuer, the “Co-Issuers”), the guarantors listed on the signature page hereto (the “Guarantors”) and Wilmington Trust, National Association (as successor by merger to Wilmington Trust FSB), as
trustee under the Indenture referred to below (the “Trustee”). 
 WITNESSETH: 

WHEREAS, the Issuer and the Guarantors have heretofore executed and delivered to the Trustee an Indenture, dated as of September 30,
2010, providing for the issuance of the Issuer’s 11% Senior Notes due 2018 (the “Notes”), initially in the aggregate principal amount of $220,000,000, and Co-Issuers have heretofore executed and delivered to the Trustee a
Supplemental Indenture No. 1 to the Indenture, dated as of April 17, 2012, and the Co-Issuers and the Guarantors have heretofore executed and delivered to the Trustee a Supplemental Indenture No. 2 to the Indenture
(“Supplemental Indenture No. 2”), dated as of May 7, 2012 (as so supplemented, the “Indenture”); 
 WHEREAS, prior to the execution of Supplemental Indenture No. 2 pursuant to which the Co-Issuers issued $40.0 million principal amount of Additional Notes (the “New Notes”), the
aggregate principal amount of Notes outstanding was $210.5 million (the “Existing Notes”); 
 WHEREAS the
Co-Issuers have solicited consents from holders (the “Existing Holders”) in whose name an Existing Note was registered at 5:00 p.m., New York City time, on April 27, 2012 (the “Record Date”) to the amendment
contained in Section 2.01 hereof (the “Proposed Amendment”), upon the terms and subject to the conditions set forth in the Consent Solicitation Statement dated April 30, 2012, as supplemented on May 4, 2012 (as
supplemented, the “Consent Solicitation Statement”) and the accompanying consent letter; 
 WHEREAS, pursuant
to Section 9.02 of the Indenture, the Co-Issuers and the Trustee are authorized to execute and deliver this Supplemental Indenture with the written consent (the “Consents”) of holders of at least a majority of the principal
amount of the Existing Notes then outstanding voting as a single class and calculated in accordance with the Indenture, including in accordance with Section 13.06 of the Indenture (the “Required Consents”); 

WHEREAS, the Co-Issuers have received Consents to the Proposed Amendment and the execution of this Supplemental Indenture from Existing
Holders of $113,898,000 principal amount of Existing Notes, which represents approximately 63% of the principal amount of the Notes then outstanding voting as a single class (excluding for such purposes any Notes owned by the Issuer or by any person
directly or indirectly controlling or controlled by or under direct or indirect common control with the Co-Issuers), and calculated in accordance with the Indenture, and accordingly the Co-Issuers have received the Required Consents; and 








 WHEREAS, the Co-Issuers have heretofore delivered or are delivering contemporaneously
herewith to the Trustee (a) a resolution of the Board of Directors of the Issuer authorizing the execution of this Supplemental Indenture, (b) an Officer’s Certificate of the Issuer and (c) an Opinion of Counsel, in accordance
with Sections 9.02 and 9.06 of the Indenture; 
 NOW THEREFORE, in consideration of the foregoing and for good and valuable
consideration, the receipt of which is hereby acknowledged, the Co-Issuers and the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Notes as follows: 

ARTICLE I 

CAPITALIZED TERMS; RELATION TO INDENTURE; GENERAL REFERENCES 

SECTION 1.01. Capitalized Terms. Capitalized terms used herein but not defined shall have the meanings assigned to them in the
Indenture. 
 SECTION 1.02. Relation to Indenture. Except as expressly amended hereby, the Indenture is in all respects
ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every holder of Notes heretofore or hereafter
authenticated and delivered shall be bound hereby. This Supplemental Indenture constitutes an integral part of the Indenture. 

SECTION 1.03. Relationship to Supplemental Indenture No. 2. This Supplemental Indenture constitutes the “supplemental
indenture” referred to in subclause (i) of clause (xx) of Section 4.04(b) of the Indenture which became part of the Indenture and the terms of the New Notes pursuant to Supplemental Indenture No. 2. Upon the occurrence of
both (i) the Amendment Operative Time (as defined below) and (ii) the delivery of the Officers’ Certificate included as Exhibit A-1 to the Escrow Agreement for release of the funds from the Escrow Account that is referenced in
Section 3.09 of the Indenture to the Escrow Agent (with a copy to the Trustee), the New Notes and the Existing Notes shall be treated as single class for all purposes under the Indenture, including, without limitation, waivers, amendments,
redemptions and offers to purchase. Further, following the issuance of Exchange Notes with respect to the New Notes originally issued as Initial Notes on the date of Supplemental Indenture No. 2, such Exchange Notes shall be fungible with the
Existing Notes. 
 SECTION 1.04. General References. All references in this Supplemental Indenture to Articles and
Sections, unless otherwise specified, refer to the corresponding Articles and Sections of this Supplemental Indenture; and the terms “herein,” “hereof,” “hereunder” and any other words of similar import refer to this
Supplemental Indenture. 

  
 2 








 ARTICLE II 
 AMENDMENT TO INDENTURE 
 SECTION 2.01. Limitation on Restricted
Payments. The following clause (xxi) hereby (a) is added to Section 4.04(b) of the Indenture with respect to the Existing Notes, and (b) upon the occurrence of both (i) the Amendment Operative Time and (ii) the
delivery of the Officers’ Certificate included as Exhibit A-1 to the Escrow Agreement for release of the funds from the Escrow Account that is referenced in Section 3.09 of the Indenture to the Escrow Agent (with a copy to the Trustee),
shall be added to Section 4.04(b) of the Indenture with respect to the New Notes and clause (xx) of Section 4.04(b) that was added to the Indenture pursuant to Supplemental Indenture No. 2 with respect to the New Notes shall be
deleted in its entirety and replaced with the words “[RESERVED]”: 
 (xxi) so long as no Default shall
have occurred and be continuing, the declaration and payment of dividends or distributions to holders of any Equity Interests of the Issuer in an amount not to exceed $270.0 million. 

SECTION 2.02. Effect of Amendment. The parties hereto hereby agree that the Co-Issuers shall not be required under
Section 9.05 of the Indenture to issue a new Note reflecting the terms amended in accordance with this Supplemental Indenture. The parties further agree that any Notes issued after the date hereof shall reflect the terms of the Indenture as
amended by this Supplemental Indenture. 
 ARTICLE III 

EFFECTIVENESS OF PROPOSED AMENDMENT 
 SECTION 3.01. Effectiveness of Supplemental Indenture. This Supplemental Indenture shall become effective as of the date hereof; provided that the Proposed Amendment set forth in Section 2.01
hereof shall not become operative until the payment of the aggregate Consent Fee (as defined in the Consent Solicitation Statement) by the Co-Issuers to the Paying Agent (as defined in the Consent Solicitation Statement) on behalf of the Existing
Holders that delivered the Required Consents in accordance with the terms of the Consent Solicitation Statement (the time of such payment, the “Amendment Operative Time”). 

ARTICLE IV 

MISCELLANEOUS 
 SECTION 4.01. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW.

 SECTION 4.02. Trustee Makes No Representation. The Trustee makes no representation as to the validity or sufficiency
of this Supplemental Indenture. The Trustee enters into this Supplemental Indenture strictly to give effect to the commercial agreement reached between the Co-Issuers and the Existing Holders, and on the basis of the Existing Holders’ consent,
authorization and direction, as evidenced by the Required Consents. 

  
 3 








 SECTION 4.03. Counterparts. 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. One signed copy is enough to prove this Supplemental Indenture. 

SECTION 4.04. Effect of Headings. The section headings herein have been inserted for convenience of reference only, and are not
intended to be considered a part thereof and shall not modify or restrict any of the terms or provisions hereof. 
 [Rest of
Page Intentionally Left Blank] 

  
 4 








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

					
	EVERTEC, LLC
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President and Chief Executive Officer
	
	EVERTEC FINANCE CORP.
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President and Chief Executive Officer
	
	EVERTEC DOMINICANA, SAS
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President
	
	SENSE SOFTWARE INTERNATIONAL CORP.
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President
	
	ATH COSTA RICA, S.A.
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President










					
	T.I.I. SMART SOLUTIONS INC.
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President
	
	ATH PANAMÁ, S.A.
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President
	
	EVERTEC MÉXICO SERVICIOS DE PROCESAMIENTO, S.A. DE C.V.
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President
	
	TARJETAS INTELIGENTES INTERNACIONALES, S.A.
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	President
	
	TII SMART SOLUTIONS, SOCIEDAD ANÓNIMA
		
	By:	 	 /s/ Peter L. Harrington

		 	Name:	 	Peter L. Harrington
		 	Title:	 	Sole Representative










					
	WILMINGTON TRUST, NATIONAL ASSOCIATION (successor by merger to Wilmington Trust FSB), as Trustee
		
	By:	 	 /s/ Jane Y. Schweiger

		 	Name:	 	Jane Y. Schweiger
		 	Title:	 	Vice President