EX-4.2





 Exhibit 4.2 

EXECUTION VERSION 

REALPAGE, INC. 
 AND 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Trustee 
 FIRST SUPPLEMENTAL
INDENTURE 
 Dated as of April 22, 2021 

1.50% Convertible Senior Notes due 2022 












 FIRST SUPPLEMENTAL INDENTURE, dated as of April 22, 2021 (this “Supplemental
Indenture”), among RealPage, Inc., a Delaware corporation (the “Company”), as issuer, and Wells Fargo Bank, National Association, a national banking association organized under the laws of the United States of America, as
trustee (the “Trustee”), to the Indenture, dated as of May 23, 2017 (as supplemented or otherwise modified prior to the date hereof, the “Indenture”), between the Company and the Trustee. 

WHEREAS, the Company has heretofore executed and delivered the Indenture, pursuant to which the Company issued its 1.50% Convertible Senior
Notes due 2022 (the “Notes”) in the original aggregate principal amount of $345,000,000; 
 WHEREAS, the Company has
entered into an Agreement and Plan of Merger, dated as of December 20, 2020 (as amended, supplemented, restated or otherwise modified, the “Merger Agreement”), by and among the Company, Mirasol Parent, LLC, a Delaware limited
liability company (the “Parent”), and Mirasol Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”); 

WHEREAS, pursuant to the terms of the Merger Agreement, Merger Sub will merge with and into the Company (the “Merger”) on the
date hereof with the Company, as the surviving entity in the Merger, becoming a wholly owned subsidiary of Parent as of the date hereof; 

WHEREAS, the Merger constitutes a Share Exchange Event under the Indenture; 

WHEREAS, Section 14.07(a) of the Indenture provides that, prior to or at the effective time of any Share Exchange Event, the Company or
the successor or purchasing Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(g) of the Indenture providing that, at and after the effective time of such Share Exchange Event, the
right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any
combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Share Exchange Event would have owned or been entitled to receive upon such Share Exchange Event; 

WHEREAS, in connection with the Merger, each outstanding share of Common Stock prior to the effective time (other than certain shares of
Common Stock as set forth in the Merger Agreement) shall be converted into the right to receive an amount in cash equal to $88.75, without interest and subject to any applicable withholding taxes, in accordance with the terms of the Merger
Agreement; 
 WHEREAS, Section 10.01 of the Indenture provides that the Company, when authorized by resolutions of the Board of
Directors of the Company (the “Board of Directors”) and the Trustee may enter into an indenture or indentures supplemental to the Indenture to, among other things, (i) make any change that does not adversely affect the rights
of any Holder or (ii) in connection with any Share Exchange Event, provide that the Notes are convertible into Reference Property, subject to the provisions of Section 14.02 of the Indenture, and make such related changes to the terms of
the Notes to the extent expressly required by Section 14.07 of the Indenture; 
 WHEREAS, the Board of Directors, by resolutions
adopted on December 20, 2020, has duly authorized the Company’s entry into and delivery of this Supplemental Indenture, and the entry into this Supplemental Indenture by the parties hereto is permitted or authorized by the provisions of
the Indenture; 

  
 2. 













 WHEREAS, in connection with the execution and delivery of this Supplemental Indenture, the
Trustee has received an Officer’s Certificate and an Opinion of Counsel as contemplated by Sections 10.05, 11.03, 14.07(b) and 17.05 of the Indenture; and 

WHEREAS, the Company has requested that the Trustee execute and deliver this Supplemental Indenture and have satisfied all requirements
necessary to make this Supplemental Indenture a valid instrument in accordance with its terms. 
 WITNESSETH: 

NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged,
the Company covenants and agrees with the Trustee as follows for the equal and ratable benefit of the Holders: 
 ARTICLE 1 

s 
 Section 1.01.
Definitions in the Supplemental Indenture. Unless otherwise specified herein or the context otherwise requires: 
 (a) a term
defined in the Indenture has the same meaning when used in this Supplemental Indenture unless the definition of such term is amended or supplemented pursuant to this Supplemental Indenture; 

(b) the terms defined in this Article and in this Supplemental Indenture include the plural as well as the singular; and 

(c) unless otherwise stated, a reference to a Section or Article is to a Section or Article of this Supplemental Indenture. 

ARTICLE 2 
 EFFECT OF MERGER ON
CONVERSION 
 Section 2.01. Conversion Right. In accordance with and subject to Section 14.07 of the Indenture, as a result
of the Merger, each $1,000 in principal amount of Notes is, at and after the effective time of the Merger, convertible in accordance with the terms of the Indenture into the right to receive the amount of cash that a holder of a number of shares of
Common Stock equal to the Conversion Rate immediately prior to the consummation of the Merger would have owned or been entitled to receive upon the consummation of the Merger. For all conversions that occur at or after the effective time of the
Merger in accordance with and subject to Article 14 of the Indenture, (i) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the applicable
Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03 of the Indenture), multiplied by the price paid per share of Common Stock in the Merger, and (ii) the Company shall satisfy the conversion obligation
by paying cash to converting Holders on the third Business Day immediately following the relevant Conversion Date. 

  
 3. 













 ARTICLE 3 

MISCELLANEOUS 

Section 3.01. Ratification of Indenture. The Indenture, as supplemented by this Supplemental Indenture, is in all respects
ratified and confirmed, and this Supplemental Indenture shall be deemed part of the Indenture in the manner and to the extent herein and therein provided. 

Section 3.02. Trustee Not Responsible for Recitals. The recitals herein contained are made by the Company 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 of the provisions contained in the Indenture in respect of the rights,
privileges, immunities, powers, and duties of the Trustee shall be applicable in respect of the Supplemental Indenture as fully and with like force and effect as though set forth in full herein. 

Section 3.03 Successors. All agreements of the Company and the Trustee in this Supplemental Indenture will bind their respective
successors. 
 Section 3.04. Governing Law. THIS SUPPLEMENTAL INDENTURE AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR
RELATED TO THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 

Section 3.05. Headings, Etc. The titles and headings of the articles and sections of this Supplemental Indenture have been
inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 

Section 3.06. Execution in Counterparts. This Supplemental Indenture may be executed in any number of counterparts, each of which
shall be an original, but such counterparts shall together constitute but one and the same instrument. The exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution
and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their
original signatures for all purposes. 
 Section 3.07. Severability. In the event any provision of this Supplemental Indenture
shall be invalid, illegal or unenforceable, then (to the extent permitted by law) the validity, legality or enforceability of the remaining provisions shall not in any way be affected or impaired. 

Section 3.08. Waiver of Jury Trial. EACH OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED
BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

Section 3.09. Effectiveness. This Supplemental Indenture shall become effective upon, without further action by the parties
hereto, the effective time of the Merger. 
 [Signature Page Follows] 

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

					
	REALPAGE, INC.
		
	By:	 	 /s/ Brian Shelton

		 	Name:	 	Brian Shelton
		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	 /s/ Patrick Giordano

		 	Name:	 	Patrick Giordano
		 	Title:	 	Vice President


 SIGNATURE PAGE TO SUPPLEMENTAL INDENTURE