Document:

exv4w3

 

Exhibit 4.3

 

D.R. HORTON, INC.,

THE GUARANTORS PARTY HERETO,

and

AMERICAN STOCK TRANSFER & TRUST COMPANY,

as

Trustee

 

SIXTH SUPPLEMENTAL INDENTURE

Dated as of June 13, 2006

 

Supplementing the Indenture

Dated as of September 11, 2000

with respect to the

9.75% Senior Subordinated Notes Due 2010

 

 

 

     THIS SIXTH SUPPLEMENTAL INDENTURE, dated as of June 13, 2006, to the Indenture, dated as of
September 11, 2000 (as amended, modified or supplemented from time to time in accordance therewith,
the “Indenture”), by and among D.R. HORTON, INC., a Delaware corporation (the “Company”), the
ADDITIONAL GUARANTORS (as defined herein), the EXISTING GUARANTORS (which includes all entities
listed as an Existing Guarantor on the signature pages hereof) and AMERICAN STOCK TRANSFER & TRUST
COMPANY, as trustee (the “Trustee”).

RECITALS

     WHEREAS, the Company and the Trustee entered into the Indenture to provide for the issuance
from time to time of senior subordinated debt securities (the “Securities”) to be issued in one or
more series as the Indenture provides;

     WHEREAS, pursuant to the First Supplemental Indenture, dated as of September 11, 2000, among
the Company, the guarantors party thereto and the Trustee, the Company issued a series of
Securities designated as its 9.75% Senior Subordinated Notes due 2010 (the “Notes”);

     WHEREAS, pursuant to the Third Supplemental Indenture, dated as of May 21, 2001 and effective
as of March 31, 2001, among the Company, the guarantors party thereto and the Trustee, the Company
caused certain Restricted Subsidiaries to guarantee the Notes for all purposes under the Indenture;

     WHEREAS, pursuant to the Fourth Supplemental Indenture, dated as of February 21, 2002, among
the Company, the guarantors party thereto and the Trustee, the Company caused certain Restricted
Subsidiaries to guarantee the Notes for all purposes under the Indenture;

     WHEREAS, pursuant to the Fifth Supplemental Indenture, dated as of January 23, 2006, among the
Company, the guarantors party thereto and the Trustee, the Company caused certain Restricted
Subsidiaries to guarantee the Notes for all purposes under the Indenture;

     WHEREAS, pursuant to Section 4.05 of the Indenture, any Unrestricted Subsidiary that is
redesignated as a Restricted Subsidiary by the Board of Directors of the Company (which includes an
authorized committee thereof) is required to guarantee the Notes for all purposes under the
Indenture;

     WHEREAS, the Board of Directors of the Company has redesignated certain Unrestricted
Subsidiaries of the Company as Restricted Subsidiaries of the Company;

     WHEREAS, pursuant to Section 4.05 of the Indenture, in order for such former Unrestricted
Subsidiaries to be bound by those terms applicable to a Guarantor under the Indenture, such former
Unrestricted Subsidiaries (the “Additional Guarantors”) must execute and deliver a supplemental
indenture pursuant to which such Additional Guarantors shall unconditionally guarantee all of the
Company’s obligations under the Notes on the terms set forth in the Indenture;

1

 

     WHEREAS, the execution of this Sixth Supplemental Indenture has been duly authorized by the
Boards of Directors or other governing bodies of the Company and the Additional Guarantors and all
things necessary to make this Sixth Supplemental Indenture a legal, valid, binding and enforceable
obligation of the Company and the Additional Guarantors according to its terms have been done and
performed;

     NOW THEREFORE, for and in consideration of the premises, the Company, the Existing Guarantors
and the Additional Guarantors covenant and agree with the Trustee for the equal and ratable benefit
of the respective holders of the Notes as follows:

ARTICLE I.

ADDITIONAL GUARANTORS

     1.1. In accordance with Section 4.05 of the Indenture and as provided in ARTICLE NINE of the
Indenture and the form of notation on security relating to Guarantee attached thereto, the
following Additional Guarantors hereby unconditionally guarantee all of the Company’s obligations
under the Notes and the Indenture, as it relates to the Notes, on the terms set forth in the
Indenture, including without limitation, Article Nine thereof:

	 	 	 
	Name	 	Jurisdiction of Organization
	D.R. Horton, Inc. — Los Angeles
	 	Delaware
	DRH Regrem XIII, Inc.
	 	Delaware
	DRH Regrem XIV, Inc.
	 	Delaware
	DRH Regrem XV, Inc.
	 	Delaware
	DRH Regrem XVI, Inc.
	 	Delaware
	DRH Regrem XVII, Inc.
	 	Delaware
	DRH Regrem XVIII, Inc.
	 	Delaware
	DRH Regrem XIX, Inc.
	 	Delaware
	DRH Regrem XX, Inc.
	 	Delaware
	DRH Regrem XXI, Inc.
	 	Delaware
	DRH Regrem XXII, Inc.
	 	Delaware
	DRH Regrem XXIII, Inc.
	 	Delaware
	DRH Regrem XXIV, Inc.
	 	Delaware

     1.2 The Trustee is hereby authorized to add the above-named Additional Guarantors to the list
of Guarantors on the Guarantees affixed to the Notes.

ARTICLE II.

MISCELLANEOUS

     2.1. This Sixth Supplemental Indenture constitutes a supplement to the Indenture, and the
Indenture and this Sixth Supplemental Indenture shall be read together and shall have the effect so
far as practicable as though all of the provisions thereof and hereof are contained in one
instrument.

2

 

     2.2 The parties may sign any number of copies of this Sixth Supplemental Indenture. Each
signed copy shall be an original, but all of them together represent the same agreement.

     2.3 In the event that any provision in this Sixth Supplemental Indenture or the Notes shall be
held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the
remaining provisions shall not in any way be affected or impaired thereby.

     2.4 The article headings herein are for convenience only and shall not affect the construction
hereof.

     2.5 Any capitalized term used in this Sixth Supplemental Indenture and not defined herein that
is defined in the Indenture shall have the meaning specified in the Indenture, unless the context
shall otherwise require.

     2.6 All covenants and agreements in this Sixth Supplemental Indenture by the Company, the
Existing Guarantors and the Additional Guarantors shall bind each of their successors and assigns,
whether so expressed or not. All agreements of the Trustee in this Sixth Supplemental Indenture
shall bind its successors and assigns.

     2.7 The laws of the State of New York shall govern this Sixth Supplemental Indenture, the
Notes and the Guarantees.

     2.8 Except as amended by this Sixth Supplemental Indenture, the terms and provisions of the
Indenture shall remain in full force and effect.

     2.9 This Sixth Supplemental Indenture may not be used to interpret another indenture, loan or
debt agreement of the Company or a Subsidiary. Any such indenture, loan or debt agreement may not
be used to interpret this Sixth Supplemental Indenture.

     2.10 All liability described in paragraph 13 of the Notes of any director, officer, employee
or stockholder, as such, of the Company is waived and released.

     2.11 The Trustee accepts the modifications of the trust effected by this Sixth Supplemental
Indenture, but only upon the terms and conditions set forth in the Indenture. Without limiting the
generality of the foregoing, the Trustee assumes no responsibility for the correctness of the
recitals herein contained which shall be taken as the statements of the Company and the Trustee
shall not be responsible or accountable in any way whatsoever for or with respect to the validity
or execution or sufficiency of this Sixth Supplemental Indenture and the Trustee makes no
representation with respect thereto.

[SIGNATURES INTENTIONALLY APPEAR ON NEXT PAGE FOLLOWING]

3 

 

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

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	D.R. HORTON, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	      /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	Executive Vice President and	 	 
	 

	 	 	 	Chief Financial Officer	 	 

 

 

	 	 	     EXISTING GUARANTORS:
 
	 

	 	C. RICHARD DOBSON BUILDERS, INC.
	 

	 	CHI CONSTRUCTION COMPANY
	 

	 	CHTEX OF TEXAS, INC.
	 

	 	CONTINENTAL HOMES, INC.
	 

	 	CONTINENTAL RESIDENTIAL, INC.
	 

	 	D.R. HORTON, INC. — BIRMINGHAM
	 

	 	D.R. HORTON, INC. — CHICAGO
	 

	 	D.R. HORTON, INC. — DENVER
	 

	 	D.R. HORTON, INC. — DIETZ-CRANE
	 

	 	D.R. HORTON, INC. — FRESNO
	 

	 	D.R. HORTON, INC. — GREENSBORO
	 

	 	D.R. HORTON, INC. — GULF COAST
	 

	 	D.R. HORTON, INC. — JACKSONVILLE
	 

	 	D.R. HORTON, INC. — LOUISVILLE
	 

	 	D.R. HORTON, INC. — MINNESOTA
	 

	 	D.R. HORTON, INC. — NEW JERSEY
	 

	 	D.R. HORTON, INC. — PORTLAND
	 

	 	D.R. HORTON, INC. — SACRAMENTO
	 

	 	D.R. HORTON, INC. — TORREY
	 

	 	D.R. HORTON LOS ANGELES HOLDING COMPANY, INC.
	 

	 	D.R. HORTON MATERIALS, INC.
	 

	 	D.R. HORTON ORANGE COUNTY, INC.
	 

	 	D.R. HORTON SAN DIEGO HOLDING COMPANY, INC.
	 

	 	DRH CAMBRIDGE HOMES, INC.
	 

	 	DRH CONSTRUCTION, INC.
	 

	 	DRH ENERGY, INC.
	 

	 	DRH REGREM X, INC.
	 

	 	DRH REGREM XI, INC.
	 

	 	DRH SOUTHWEST CONSTRUCTION, INC.
	 

	 	DRH TUCSON CONSTRUCTION, INC.
	 

	 	DRHI, INC.
	 

	 	KDB HOMES, INC.
	 

	 	MEADOWS I, LTD.
	 

	 	MEADOWS VIII, LTD.
	 

	 	MEADOWS IX, INC.
	 

	 	MEADOWS X, INC.
	 

	 	MELMORT CO.
	 

	 	MELODY HOMES, INC.
	 

	 	SCHULER HOMES OF CALIFORNIA, INC.
	 

	 	SCHULER HOMES OF OREGON, INC.
	 

	 	SCHULER HOMES OF WASHINGTON, INC.
	 

	 	SCHULER MORTGAGE, INC.
	 

	 	SCHULER REALTY HAWAII, INC.
	 

	 	SHLR OF CALIFORNIA, INC.
	 

	 	SHLR OF COLORADO, INC.
	 

	 	SHLR OF NEVADA, INC.
	 

	 	SHLR OF UTAH, INC.
	 

	 	SHLR OF WASHINGTON, INC.
	 

	 	VERTICAL CONSTRUCTION CORPORATION
	 

	 	WESTERN PACIFIC FUNDING, INC.
	 

	 	WESTERN PACIFIC HOUSING, INC.
	 

	 	WESTERN PACIFIC HOUSING MANAGEMENT, INC.

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	By:
	 	     /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	Executive Vice President and	 	 
	 

	 	 	 	Chief Financial Officer	 	 

 

 

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	CH INVESTMENTS OF TEXAS, INC.	 	 
	 	 	MEADOWS II, LTD.	 	 
	 	 	THE CLUB AT PRADERA, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	     /s/ ROBERT E. COLTIN	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Robert E. Coltin	 	 
	 

	 	 	 	Vice President	 	 

 

 

	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	CONTINENTAL HOMES OF TEXAS, L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By: CHTEX of Texas, Inc., its General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	     /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	D.R. HORTON MANAGEMENT COMPANY, LTD.	 	 
	 	D.R. HORTON — EMERALD, LTD.	 	 
	 	D.R. HORTON — TEXAS, LTD.	 	 
	 	DRH REGREM VII, LP	 	 
	 	DRH REGREM XII, LP	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	     By: Meadows I, Ltd.,its General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	     /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	SGS COMMUNITIES AT GRANDE QUAY, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	     By: Meadows IX, Inc., a Member	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	     /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	and	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By: Meadows X, Inc., a Member	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	     /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	DRH CAMBRIDGE HOMES, LLC	 	 
	 	DRH REGREM VIII, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	     By: D.R. Horton, Inc. — Chicago, its Member	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	     /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 

 

 

	 	 	 
	 

	 	HPH HOMEBUILDERS 2000 L.P.
	 

	 	WESTERN PACIFIC HOUSING CO., A CALIFORNIA LIMITED PARTNERSHIP
	 

	 	WESTERN PACIFIC HOUSING-ANTIGUA, LLC
	 

	 	WESTERN PACIFIC HOUSING-AVIARA, L.P.
	 

	 	WESTERN PACIFIC HOUSING-BOARDWALK, LLC
	 

	 	WESTERN PACIFIC HOUSING-BROADWAY, LLC
	 

	 	WESTERN PACIFIC HOUSING-CANYON PARK, LLC
	 

	 	WESTERN PACIFIC HOUSING-CARMEL, LLC
	 

	 	WESTERN PACIFIC HOUSING-CARRILLO, LLC
	 

	 	WESTERN PACIFIC HOUSING-COMMUNICATIONS HILL, LLC
	 

	 	WESTERN PACIFIC HOUSING-COPPER CANYON, LLC
	 

	 	WESTERN PACIFIC HOUSING-CREEKSIDE, LLC
	 

	 	WESTERN PACIFIC HOUSING-CULVER CITY, L.P.
	 

	 	WESTERN PACIFIC HOUSING-DEL VALLE, LLC
	 

	 	WESTERN PACIFIC HOUSING-LOMAS VERDES, LLC
	 

	 	WESTERN PACIFIC HOUSING-LOST HILLS PARK, LLC
	 

	 	WESTERN PACIFIC HOUSING-MCGONIGLE CANYON, LLC
	 

	 	WESTERN PACIFIC HOUSING-MOUNTAINGATE, L.P.
	 

	 	WESTERN PACIFIC HOUSING-NORCO ESTATES, LLC
	 

	 	WESTERN PACIFIC HOUSING-OSO, L.P.
	 

	 	WESTERN PACIFIC HOUSING-PACIFIC PARK II, LLC
	 

	 	WESTERN PACIFIC HOUSING-PARK AVENUE EAST, LLC
	 

	 	WESTERN PACIFIC HOUSING-PARK AVENUE WEST, LLC
	 

	 	WESTERN PACIFIC HOUSING-PLAYA VISTA, LLC
	 

	 	WESTERN PACIFIC HOUSING-POINSETTIA, L.P.
	 

	 	WESTERN PACIFIC HOUSING-RIVER RIDGE, LLC
	 

	 	WESTERN PACIFIC HOUSING-ROBINHOOD RIDGE, LLC
	 

	 	WESTERN PACIFIC HOUSING-SANTA FE, LLC
	 

	 	WESTERN PACIFIC HOUSING-SCRIPPS, L.P.
	 

	 	WESTERN PACIFIC HOUSING-SCRIPPS II, LLC
	 

	 	WESTERN PACIFIC HOUSING-SEACOVE, L.P.
	 

	 	WESTERN PACIFIC HOUSING-STUDIO 528, LLC
	 

	 	WESTERN PACIFIC HOUSING-TERRA BAY DUETS, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORRANCE, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORREY COMMERCIAL, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORREY MEADOWS, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORREY MULTI-FAMILY, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORREY VILLAGE CENTER, LLC
	 

	 	WESTERN PACIFIC HOUSING-VINEYARD TERRACE, LLC
	 

	 	WESTERN PACIFIC HOUSING-WINDEMERE, LLC
	 

	 	WESTERN PACIFIC HOUSING-WINDFLOWER, L.P.
	 

	 	WPH-CAMINO RUIZ, LLC

	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	By:	 	Western Pacific Housing Management, Inc.,	 	 
	 	 	 	 	its Manager, Member or General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	          By:
	 	      /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	SCHULER HOMES OF ARIZONA LLC	 	 
	 	 	SHA CONSTRUCTION LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	     By:	 	SRHI LLC,	 	 
	 	 	 	 	its Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	     By:	 	SHLR of Nevada, Inc.	 	 
	 	 	 	 	 	 	its Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	     By:
	 	  /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 	 	 

Bill W. Wheat
	 	 
	 

	 	 	 	 	 	 	 	Executive Vice President and Chief Financial
Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	D.R. HORTON-SCHULER HOMES, LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	     By:	 	Vertical Construction Corporation,	 	 
	 	 	 	 	its Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	     By:	 	  /s/ BILL W. WHEAT	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Bill W. Wheat	 	 
	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	SRHI LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	     By:	 	SHLR of Nevada, Inc.,	 	 
	 	 	 	 	its Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	     By:	 	  /s/ BILL W. WHEAT	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Bill W. Wheat	 	 
	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	SSHI LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	     By:	 	SHLR of Washington, Inc.,	 	 
	 	 	 	 	its Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	     By:	 	   /s/ BILL W. WHEAT	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Bill W. Wheat	 	 
	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 

 

 

	 	 	 	 	 	 	 
	 	 	     ADDITIONAL GUARANTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	D.R. HORTON, INC. — LOS ANGELES	 	 
	 	 	DRH REGREM XIII, INC.	 	 
	 	 	DRH REGREM XIV, INC.	 	 
	 	 	DRH REGREM XV, INC.	 	 
	 	 	DRH REGREM XVI, INC.	 	 
	 	 	DRH REGREM XVII, INC.	 	 
	 	 	DRH REGREM XVIII, INC.	 	 
	 	 	DRH REGREM XIX, INC.	 	 
	 	 	DRH REGREM XX, INC.	 	 
	 	 	DRH REGREM XXI, INC.	 	 
	 	 	DRH REGREM XXII, INC.	 	 
	 	 	DRH REGREM XXIII, INC.	 	 
	 	 	DRH REGREM XXIV, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	      By:
	 	     /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 

Bill W. Wheat
	 	 
	 

	 	 	 	Executive Vice President and Chief Financial Officer	 	 

 

 

	 	 	 	 	 	 	 
	 	 	AMERICAN STOCK TRANSFER & TRUST COMPANY,	 	 
	 	 	as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	     /s/ HERBERT J. LEMMER	 	 
	 

	 	Name:
	 	 

         Herbert J. Lemmer
	 	 
	 

	 	Title:
	 	         Vice Presidentexv10w1

 

Exhibit 10.1

 

D.R. HORTON, INC.,

THE GUARANTORS PARTY HERETO,

and

U.S. BANK NATIONAL ASSOCIATION,

(successor by merger to U.S. Bank Trust National Association),

as

Trustee

 

THIRD SUPPLEMENTAL INDENTURE

Dated as of June 13, 2006

 

Supplementing the Indenture

Dated as of June 28, 2001

with respect to the

10.5% Senior Subordinated Notes Due 2011

 

 

 

     THIS THIRD SUPPLEMENTAL INDENTURE, dated as of June 13, 2006, by and among D.R. HORTON, INC.,
a Delaware corporation (the “Company”), the ADDITIONAL GUARANTORS (as defined herein), the EXISTING
GUARANTORS (which includes all entities listed as an Existing Guarantor on the signature pages
hereof) and U.S. BANK NATIONAL ASSOCIATION, as successor by merger to U.S. Bank Trust National
Association, as trustee (the “Trustee”).

RECITALS

     WHEREAS, Schuler Homes, Inc., a Delaware corporation (“Schuler”), the guarantors signatory
thereto and the Trustee entered into the Indenture, dated as of June 28, 2001 (as amended, modified
or supplemented from time to time in accordance therewith, the “Indenture”), pursuant to which
Schuler issued 10.5% Senior Subordinated Notes due 2009 (the “Securities”);

     WHEREAS, on February 21, 2002, pursuant to the laws of the State of Delaware and in accordance
with the terms of the Agreement and Plan of Merger, dated as of October 22, 2001, as amended, by
and between the Company and Schuler, Schuler was duly merged with and into the Company, with the
Company continuing as the surviving corporation (the “Merger”);

     WHEREAS, as a result of the Merger, the Company succeeded to all obligations, duties and
liabilities of Schuler under the Indenture and the Securities as if incurred or contracted by the
Company;

     WHEREAS, pursuant to the First Supplemental Indenture, dated as of February 21, 2002, among
the Company, the guarantors party thereto and the Trustee, the Company amended the Indenture to
provide for the assumption by the Company of all Obligations of Schuler pursuant to Section 5.01 of
the Indenture;

     WHEREAS, pursuant to the Second Supplemental Indenture, dated as of January 23, 2006, among
the Company, the guarantors party thereto and the Trustee, the Company caused certain Restricted
Subsidiaries to guarantee the Securities for all purposes under the Indenture;

     WHEREAS, pursuant to Sections 4.18 and 11.13 of the Indenture, the Company is required to
cause any Subsidiary which is designated by the Board of Directors (which includes an authorized
committee thereof) as a Restricted Subsidiary, simultaneously with its designation as a Restricted
Subsidiary (each, an “Additional Guarantor”), to guarantee the payment of the Securities pursuant
to the terms of Articles 10 and 11 and Exhibit B of the Indenture by executing and delivering (1) a
supplemental indenture providing for the guarantee of payment of the Securities by such Additional
Guarantors pursuant to the terms of Article 10 and Exhibit B thereto and subjecting such Additional
Guarantors to the provisions of Article 11 thereto as a Guarantor and (2) a Guarantee in the form
of Exhibit B thereto;

     WHEREAS, the Board of Directors of the Company has redesignated certain Unrestricted
Subsidiaries of the Company as Restricted Subsidiaries of the Company;

1

 

     WHEREAS, the execution of this Third Supplemental Indenture has been duly authorized by the
Boards of Directors or other governing bodies of the Company and the Additional Guarantors and all
things necessary to make this Third Supplemental Indenture a legal, valid, binding and enforceable
obligation of the Company and the Additional Guarantors according to its terms have been done and
performed;

     NOW THEREFORE, for and in consideration of the premises, the Company, the Existing Guarantors
and the Additional Guarantors covenant and agree with the Trustee for the equal and ratable benefit
of the respective holders of the Notes as follows:

ARTICLE I.

ADDITIONAL GUARANTORS

     1.1. In accordance with Sections 4.18 and 11.13 of the Indenture, the following Additional
Guarantors hereby jointly, severally, unconditionally and irrevocably guarantee on a senior,
unsecured basis the payment of the Securities pursuant to the terms of Articles 10 and 11 of the
Indenture:

	 	 	 
	Name	 	Jurisdiction of Organization 
	D.R. Horton, Inc. — Los Angeles

	 	Delaware
	DRH Regrem XIII, Inc.

	 	Delaware
	DRH Regrem XIV, Inc.

	 	Delaware
	DRH Regrem XV, Inc.

	 	Delaware
	DRH Regrem XVI, Inc.

	 	Delaware
	DRH Regrem XVII, Inc.

	 	Delaware
	DRH Regrem XVIII, Inc.

	 	Delaware
	DRH Regrem XIX, Inc.

	 	Delaware
	DRH Regrem XX, Inc.

	 	Delaware
	DRH Regrem XXI, Inc.

	 	Delaware
	DRH Regrem XXII, Inc.

	 	Delaware
	DRH Regrem XXIII, Inc.

	 	Delaware
	DRH Regrem XXIV, Inc.

	 	Delaware

     1.2 The Additional Guarantors shall execute and deliver a Guarantee, which shall be
incorporated by reference herein in the form set forth in Exhibit B to the Indenture.

ARTICLE II.

MISCELLANEOUS

     2.1. This Third Supplemental Indenture constitutes a supplement to the Indenture, and the
Indenture and this Third Supplemental Indenture shall be read together and shall have the effect so
far as practicable as though all of the provisions thereof and hereof are contained in one
instrument.

2

 

     2.2 The parties may sign any number of copies of this Third Supplemental Indenture. Each
signed copy shall be an original, but all of them together represent the same agreement.

     2.3 In the event that any provision in this Third Supplemental Indenture or the Securities
shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of
the remaining provisions shall not in any way be affected or impaired thereby.

     2.4 The article headings herein are for convenience only and shall not affect the construction
hereof.

     2.5 Any capitalized term used in this Third Supplemental Indenture and not defined herein that
is defined in the Indenture shall have the meaning specified in the Indenture, unless the context
shall otherwise require.

     2.6 All covenants and agreements in this Third Supplemental Indenture by the Company, the
Existing Guarantors and the Additional Guarantors shall bind each of their successors and assigns,
whether so expressed or not. All agreements of the Trustee in this Third Supplemental Indenture
shall bind its successors and assigns.

     2.7 The laws of the State of New York, without regard to principles of conflicts of laws,
shall govern this Third Supplemental Indenture, the Securities and the Guarantees.

     2.8 Except as amended by this Third Supplemental Indenture, the terms and provisions of the
Indenture shall remain in full force and effect.

     2.9 This Third Supplemental Indenture may not be used to interpret another indenture, loan or
debt agreement of the Company or a Subsidiary. Any such indenture, loan or debt agreement may not
be used to interpret this Third Supplemental Indenture.

     2.10 NO RECOURSE AGAINST OTHERS. A director, officer, controlling person, employee or
stockholder, as such, of the Company or any Guarantor or any successor person thereof shall not
have any liability for any Obligations, covenants or agreements of the Company or any Guarantor
under the Securities or the Indenture or for any claim based on, in respect of or by reason of such
obligations, covenants or agreements or their creation. Each Holder by accepting a Security waives
and releases all such liability. The waiver and releases are part of the consideration for the
issue of the Securities.

     2.11 The Trustee accepts the modifications of the trust effected by this Third Supplemental
Indenture, but only upon the terms and conditions set forth in the Indenture. Without limiting the
generality of the foregoing, the Trustee assumes no responsibility for the correctness of the
recitals herein contained which shall be taken as the statements of the Company and the Trustee
shall not be responsible or accountable in any way whatsoever for or with respect to the validity
or execution or sufficiency of this Third Supplemental Indenture and the Trustee makes no
representation with respect thereto.

3

 

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

	 	 	 	 	 	 	 
	 	 	D.R. HORTON, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	  /s/ BILL W. WHEAT
 

Bill W. Wheat
	 	 
	 

	 	 	 	Executive Vice President and
Chief Financial Officer	 	 

 

 

	 	 	 
	 

	 	EXISTING GUARANTORS:

	 	 	 
	 

	 	C. RICHARD DOBSON BUILDERS, INC.
	 

	 	CHI CONSTRUCTION COMPANY
	 

	 	CHTEX OF TEXAS, INC.
	 

	 	CONTINENTAL HOMES, INC.
	 

	 	CONTINENTAL RESIDENTIAL, INC.
	 

	 	D.R. HORTON, INC. — BIRMINGHAM
	 

	 	D.R. HORTON, INC. — CHICAGO
	 

	 	D.R. HORTON, INC. — DENVER
	 

	 	D.R. HORTON, INC. — DIETZ-CRANE
	 

	 	D.R. HORTON, INC. — FRESNO
	 

	 	D.R. HORTON, INC. — GREENSBORO
	 

	 	D.R. HORTON, INC. — GULF COAST
	 

	 	D.R. HORTON, INC. — JACKSONVILLE
	 

	 	D.R. HORTON, INC. — LOUISVILLE
	 

	 	D.R. HORTON, INC. — MINNESOTA
	 

	 	D.R. HORTON, INC. — NEW JERSEY
	 

	 	D.R. HORTON, INC. — PORTLAND
	 

	 	D.R. HORTON, INC. — SACRAMENTO
	 

	 	D.R. HORTON, INC. — TORREY
	 

	 	D.R. HORTON LOS ANGELES HOLDING COMPANY, INC.
	 

	 	D.R. HORTON MATERIALS, INC.
	 

	 	D.R. HORTON ORANGE COUNTY, INC.
	 

	 	D.R. HORTON SAN DIEGO HOLDING COMPANY, INC.
	 

	 	DRH CAMBRIDGE HOMES, INC.
	 

	 	DRH CONSTRUCTION, INC.
	 

	 	DRH ENERGY, INC.
	 

	 	DRH REGREM X, INC.
	 

	 	DRH REGREM XI, INC.
	 

	 	DRH SOUTHWEST CONSTRUCTION, INC.
	 

	 	DRH TUCSON CONSTRUCTION, INC.
	 

	 	DRHI, INC.
	 

	 	KDB HOMES, INC.
	 

	 	MEADOWS I, LTD.
	 

	 	MEADOWS VIII, LTD.
	 

	 	MEADOWS IX, INC.
	 

	 	MEADOWS X, INC.
	 

	 	MELMORT CO.
	 

	 	MELODY HOMES, INC.
	 

	 	SCHULER HOMES OF CALIFORNIA, INC.
	 

	 	SCHULER HOMES OF OREGON, INC.
	 

	 	SCHULER HOMES OF WASHINGTON, INC.
	 

	 	SCHULER MORTGAGE, INC.
	 

	 	SCHULER REALTY HAWAII, INC.
	 

	 	SHLR OF CALIFORNIA, INC.
	 

	 	SHLR OF COLORADO, INC.
	 

	 	SHLR OF NEVADA, INC.
	 

	 	SHLR OF UTAH, INC.
	 

	 	SHLR OF WASHINGTON, INC.
	 

	 	VERTICAL CONSTRUCTION CORPORATION
	 

	 	WESTERN PACIFIC FUNDING, INC.
	 

	 	WESTERN PACIFIC HOUSING, INC.
	 

	 	WESTERN PACIFIC HOUSING MANAGEMENT, INC.

	 	 	 	 	 	 	 
	 

	 	By:
	 	  /s/ BILL W. WHEAT
 

Bill W. Wheat
	 	 
	 

	 	 	 	Executive Vice President and
Chief Financial Officer	 	 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	CH INVESTMENTS OF TEXAS, INC.	 	 
	 	 	MEADOWS II, LTD.	 	 
	 	 	THE CLUB AT PRADERA, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	  /s/ ROBERT E. COLTIN
 

Robert E. Coltin
	 	 
	 

	 	 	 	 	 	Vice President	 	 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	CONTINENTAL HOMES OF TEXAS, L.P.	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	CHTEX of Texas,
Inc., its General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:
	 	   /s/ BILL W. WHEAT
 

Bill W. Wheat
	 	 
	 

	 	 	 	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	D.R. HORTON MANAGEMENT COMPANY, LTD.	 	 
	 	 	D.R. HORTON — EMERALD, LTD.	 	 
	 	 	D.R. HORTON — TEXAS, LTD.	 	 
	 	 	DRH REGREM VII, LP	 	 
	 	 	DRH REGREM XII, LP	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Meadows I, Ltd.,
its General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:
	 	  /s/ BILL W. WHEAT
 

Bill W. Wheat
	 	 
	 

	 	 	 	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	SGS COMMUNITIES AT GRANDE QUAY, LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Meadows IX,
Inc., a Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:
	 	  /s/ BILL W. WHEAT
 

Bill W. Wheat
	 	 
	 

	 	 	 	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	and	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Meadows X, Inc.,
a Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:
	 	  /s/ BILL W. WHEAT
 

Bill W. Wheat
	 	 
	 

	 	 	 	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	DRH CAMBRIDGE HOMES, LLC	 	 
	 	 	DRH REGREM VIII, LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	D.R. Horton,
Inc. — Chicago, its Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:
	 	  /s/ BILL W. WHEAT
 

Bill W. Wheat
	 	 
	 

	 	 	 	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer	 	 

 

 

	 	 	 
	 

	 	HPH HOMEBUILDERS 2000 L.P.
	 

	 	WESTERN PACIFIC HOUSING CO., A CALIFORNIA LIMITED PARTNERSHIP
	 

	 	WESTERN PACIFIC HOUSING-ANTIGUA, LLC
	 

	 	WESTERN PACIFIC HOUSING-AVIARA, L.P.
	 

	 	WESTERN PACIFIC HOUSING-BOARDWALK, LLC
	 

	 	WESTERN PACIFIC HOUSING-BROADWAY, LLC
	 

	 	WESTERN PACIFIC HOUSING-CANYON PARK, LLC
	 

	 	WESTERN PACIFIC HOUSING-CARMEL, LLC
	 

	 	WESTERN PACIFIC HOUSING-CARRILLO, LLC
	 

	 	WESTERN PACIFIC HOUSING-COMMUNICATIONS HILL, LLC
	 

	 	WESTERN PACIFIC HOUSING-COPPER CANYON, LLC
	 

	 	WESTERN PACIFIC HOUSING-CREEKSIDE, LLC
	 

	 	WESTERN PACIFIC HOUSING-CULVER CITY, L.P.
	 

	 	WESTERN PACIFIC HOUSING-DEL VALLE, LLC
	 

	 	WESTERN PACIFIC HOUSING-LOMAS VERDES, LLC
	 

	 	WESTERN PACIFIC HOUSING-LOST HILLS PARK, LLC
	 

	 	WESTERN PACIFIC HOUSING-MCGONIGLE CANYON, LLC
	 

	 	WESTERN PACIFIC HOUSING-MOUNTAINGATE, L.P.
	 

	 	WESTERN PACIFIC HOUSING-NORCO ESTATES, LLC
	 

	 	WESTERN PACIFIC HOUSING-OSO, L.P.
	 

	 	WESTERN PACIFIC HOUSING-PACIFIC PARK II, LLC
	 

	 	WESTERN PACIFIC HOUSING-PARK AVENUE EAST, LLC
	 

	 	WESTERN PACIFIC HOUSING-PARK AVENUE WEST, LLC
	 

	 	WESTERN PACIFIC HOUSING-PLAYA VISTA, LLC
	 

	 	WESTERN PACIFIC HOUSING-POINSETTIA, L.P.
	 

	 	WESTERN PACIFIC HOUSING-RIVER RIDGE, LLC
	 

	 	WESTERN PACIFIC HOUSING-ROBINHOOD RIDGE, LLC
	 

	 	WESTERN PACIFIC HOUSING-SANTA FE, LLC
	 

	 	WESTERN PACIFIC HOUSING-SCRIPPS, L.P.
	 

	 	WESTERN PACIFIC HOUSING-SCRIPPS II, LLC
	 

	 	WESTERN PACIFIC HOUSING-SEACOVE, L.P.
	 

	 	WESTERN PACIFIC HOUSING-STUDIO 528, LLC
	 

	 	WESTERN PACIFIC HOUSING-TERRA BAY DUETS, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORRANCE, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORREY COMMERCIAL, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORREY MEADOWS, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORREY MULTI-FAMILY, LLC
	 

	 	WESTERN PACIFIC HOUSING-TORREY VILLAGE CENTER, LLC
	 

	 	WESTERN PACIFIC HOUSING-VINEYARD TERRACE, LLC
	 

	 	WESTERN PACIFIC HOUSING-WINDEMERE, LLC
	 

	 	WESTERN PACIFIC HOUSING-WINDFLOWER, L.P.
	 

	 	WPH-CAMINO RUIZ, LLC

	 	 	 	 	 
	 

	 	By:
	 	Western Pacific
Housing Management, Inc.,

its Manager, Member or General Partner

	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ BILL W. WHEAT
 

Bill W. Wheat
	 	 
	 

	 	 	 	Executive Vice President and Chief Financial Officer	 	 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	SCHULER HOMES OF ARIZONA LLC  
	 	SHA CONSTRUCTION LLC
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	SRHI LLC,

its Member
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	SHLR of Nevada, Inc.

its Member
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	   /s/ BILL W. WHEAT	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Bill W. Wheat	 	 
	 

	 	 	 	 	 	 	 	Executive Vice President and
Chief Financial
Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	D.R. HORTON-SCHULER HOMES, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Vertical Construction Corporation,

its Manager
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	  /s/ BILL W. WHEAT
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Bill W. Wheat
	 	 	 	 	 	 	Executive Vice President
and Chief Financial Officer
	 
	 	 	 	 	 	 	 	 	 	 
	 	SRHI LLC
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	SHLR of Nevada, Inc.,

its Member
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	  /s/ BILL W. WHEAT
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Bill W. Wheat
	 	 	 	 	 	 	Executive Vice President and
Chief Financial Officer
	 
	 	 	 	 	 	 	 	 	 	 
	 	SSHI LLC
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	SHLR of Washington, Inc.,

its Member
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	  /s/ BILL W. WHEAT
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Bill W. Wheat
	 	 	 	 	 	 	Executive Vice President and Chief Financial Officer

 

 

ADDITIONAL GUARANTORS:

D.R. HORTON, INC. — LOS ANGELES

DRH REGREM XIII, INC.

DRH REGREM XIV, INC.

DRH REGREM XV, INC.

DRH REGREM XVI, INC.

DRH REGREM XVII, INC.

DRH REGREM XVIII, INC.

DRH REGREM XIX, INC.

DRH REGREM XX, INC.

DRH REGREM XXI, INC.

DRH REGREM XXII, INC.

DRH REGREM XXIII, INC.

DRH REGREM XXIV, INC.

	 	 	 	 	 
	 	 	 
	 	By:  	       /s/ BILL W. WHEAT
 	 
	 	 	Bill W. Wheat 	 
	 	 	Executive Vice President and Chief Financial Officer 	 
	 

 

 

	 	 	 	 	 	 	 
	 	 	U.S. BANK NATIONAL ASSOCIATION, as Trustee  
	 
	 	 	 	 	 	 
	 

	 	By:
	 	  /s/ FONDA HALL	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	   Fonda Hall	 	 
	 

	 	Title:
	 	   Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]