Document:

First Supplemental Indenture

 Exhibit 4.3 
 FIRST SUPPLEMENTAL INDENTURE 
 The Supplemental Indenture (this “First
Supplemental Indenture”), dated as of April 2, 2012, among Medco Health Solutions, Inc., a corporation duly organized and existing under the laws of the State of Delaware (the “Company”), Express Scripts Holding
Company (formerly Aristotle Holding, Inc.), a Delaware corporation, its subsidiaries listed as signatories hereto and the Company subsidiaries listed as signatories hereto (each, a “Guarantor,” and, collectively, the
“Guarantors”) and U.S. Bank Trust National Association, as trustee under the indenture referred to below (the “Trustee”). 
 W I T N E S S E T H 
 WHEREAS, the Company and the Trustee are parties to the
indenture, dated as of March 18, 2008 (the “Base Indenture”), relating to the Company’s 6.125% Notes due 2013, its 7.125% Notes due 2018, its 2.750% Notes due 2015 and its 4.125% Notes due 2020 (collectively, the
“Notes”); 
 WHEREAS, each Guarantor desires to provide a full and unconditional guarantee (the
“Guarantee”) of the obligations of the Company under the Notes, the Securities (as defined in the Base Indenture) and the Base Indenture on the terms and conditions set forth herein; 

WHEREAS, the Company has complied with all conditions precedent provided for in the Base Indenture relating to this First Supplemental
Indenture; and 
 WHEREAS, pursuant to Section 901 of the Base Indenture, the Company is permitted to amend the Base
Indenture to make any provision with respect to matters or questions arising under the Base Indenture, provided such action does not adversely affect the interest of the Holders. 

NOW, THEREFORE, for good and valuable consideration, the receipt of which is acknowledged, each Guarantor hereby guarantees the
Company’s obligations under the Securities as follows: 
 1. Capitalized Terms. Capitalized terms used herein
without definition shall have the meanings assigned to them in the Base Indenture. 
 2. Unconditional Guarantee.
(1) For value received, each of the Guarantors hereby jointly and severally and fully and unconditionally guarantee, to each Holder of a Security authenticated and delivered by the Trustee (including the Notes) and to the Trustee and its
successors and assigns, irrespective of the validity and enforceability of the Indenture or the Securities or the obligations of the Company or any other Guarantor to the Holders or the Trustee hereunder or thereunder, that: (a) the principal
of, premium, if any, and interest on the Securities will be duly and promptly paid in full when due, whether at Stated Maturity, upon redemption, by acceleration or otherwise, and interest on the overdue principal and (to the extent permitted by
law) interest, if any, on the Securities and all other obligations of the Company or the Guarantor to the Holders of or the Trustee hereunder or thereunder (including fees, expenses or others) (collectively, the “Obligations”) will
be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (b) in case of any extension of time of payment or renewal of any Obligations (with or without notice to such Guarantor), the same will be promptly
paid in full when due or performed in accordance with the terms of the extension or renewal, whether at Stated Maturity, by acceleration or otherwise. If the Company shall fail to pay when due, or to perform, any Obligations, for whatever reason,
each Guarantor shall be jointly and severally obligated to pay in cash, or to perform or cause the performance of, the same promptly. An Event of Default under the Indenture or the Securities of a particular series shall entitle the Holders of the
Securities of such series to accelerate the Obligations of the Guarantor hereunder in the same manner and to the same extent as the Obligations of the Company. 
 (2) Each Guarantor hereby agrees that its obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Securities or the Indenture, the absence of any
action to enforce the same, any waiver or consent by any Holder of the Securities with respect to any provisions of the Indenture or the Securities, any release of any other Guarantor, the recovery of any judgment against the Company, any action to
enforce the same, whether or not a Guarantee is affixed to any particular Security, or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a Guarantor. 

(3) Each Guarantor further agrees that, as between it, on the one hand, and the Holders of the Securities and the Trustee, on the other
hand, (a) the maturity of the Obligations guaranteed hereby may be 

 
accelerated as provided in Article Five of the Base Indenture for the purposes of the Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect
of the Obligations and (b) in the event of any acceleration of such Obligations as provided in Article Five of the Base Indenture, such Obligations (whether or not due and payable) shall forthwith become due and payable by the Guarantor for the
purposes of its Guarantee. 
 3. Waiver. To the fullest extent permitted by applicable law, each of the Guarantors waives
diligence, presentment, demand of, payment, filing of claims with a court in the event of insolvency or bankruptcy of the Company, any right to require a proceeding first against the Company, protest, notice and all demands whatsoever and covenants
that the Guarantee will not be discharged except by complete performance of the Obligations contained in the Securities and the Indenture. 
 4. Guarantee of Payment. Each of the Guarantors further agrees that its Guarantee constitutes a guarantee of payment, performance and compliance when due and not a guarantee of collection, and
waives any right to require that any resort be had by the Trustee or any Holder of the Securities to the security, if any, held for payment of the Obligations. 
 5. No Discharge or Diminishment of Guarantee. Subject to Section 11 hereof, the obligations of each of the Guarantors hereunder shall not be subject to any reduction, limitation, termination,
impairment or for any reason (other than the payment in full in cash of the Obligations), including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff,
counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of each of the Guarantors hereunder
shall not be discharged or impaired or otherwise affected by the failure of the Trustee or any Holder of the Securities to assert any claim or demand or to enforce any remedy under the Indenture or the Securities, any other guarantee or any other
agreement, by any waiver or modification of any provision thereof, by any default, failure or delay, willful or otherwise, in the performance of the Obligations, or by any other act or omission or delay to do any other act that may or might in any
manner or to any extent vary the risk of any Guarantor or that would otherwise operate as a discharge of any Guarantor as a matter of law or equity (other than the payment in full in cash of all the Obligations). 

6. Defenses of Company Waived. To the extent permitted by applicable law, each of the Guarantors waives any defense based on or
arising out of any defense of the Company or any other Guarantor or the unenforceability of the Obligations or any part thereof from any cause, or the cessation from any cause of the liability of the Company, other than final payment in full in cash
of the Obligations. Each of the Guarantors waives any defense arising out of any such election even though such election operates to impair or to extinguish any right of reimbursement or subrogation or other right or remedy of each of the Guarantors
against the Company or any security. 
 7. Continued Effectiveness. Subject to Section 11 hereof, each of the
Guarantors further agrees that its Guarantee hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal of or interest on any Obligation is rescinded or must otherwise be
restored by the Trustee or any Holder of the Securities upon the bankruptcy or reorganization of the Company or otherwise. 
 8.
Subrogation. In furtherance of the foregoing and not in limitation of any other right of each of the Guarantors by virtue hereof, upon the failure of the Company to pay any Obligation when and as the same shall become due, whether at
maturity, by acceleration, after notice of prepayment or otherwise, each of the Guarantors hereby promises to and will, upon receipt of written demand by the Trustee or any Holder of the Securities, forthwith pay, or cause to be paid, to the Holders
in cash the amount of such unpaid Obligations, and thereupon the Holders shall assign (except to the extent that such assignment would render a Guarantor a “creditor” of the Company within the meaning of Section 547 of Title 11 of the
United States Code as now in effect or hereafter amended or any comparable provision of any successor statute) the amount of the Obligations owed to it and paid by such Guarantor pursuant to this Guarantee to such Guarantor, such assignment to be
pro rata to the extent the Obligations in question were discharged by such Guarantor, or make such other disposition thereof as such Guarantor shall direct (all without recourse to the Holders, and without any representation or warranty by the
Holders). If (a) a Guarantor shall make payment to the Holders of all or any part of the Obligations and (b) all the Obligations and all other amounts payable under the Indenture shall be paid in full, the Trustee will, at such

 
Guarantor’s request, execute and deliver to such Guarantor appropriate documents, without recourse and without representation or warranty, necessary to evidence the transfer by subrogation
to such Guarantor of an interest in the Obligations resulting from such payment by such Guarantor. 
 9. Information.
Each of the Guarantors assumes all responsibility for being and keeping itself informed of the Company’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Obligations and the nature, scope
and extent of the risks that each of the Guarantors assumes and incurs hereunder, and agrees that the Trustee and the Holders of the Securities will have no duty to advise the Guarantors of information known to it or any of them regarding such
circumstances or risks. 
 10. Subordination. Upon payment by any Guarantor of any sums to the Holders, as provided
above, all rights of such Guarantor against the Company, arising as a result thereof by way of right of subrogation or otherwise, shall in all respects be subordinated and junior in right of payment to the prior payment in full in cash of all the
Obligations to the Trustee; provided, however, that any right of subrogation that such Guarantor may have pursuant to the Indenture is subject to Section 8 hereof. 

11. Release of Guarantor. (1) A Guarantor shall, upon notice by the Company to the Trustee, be automatically and
unconditionally released and discharged from all obligations under the Indenture and its Guarantee without any action required on the part of the Trustee or any Holder. 
 (2) The Trustee shall deliver an appropriate instrument evidencing such release upon receipt of a request of the Company. Any Guarantor not so released will remain liable for the full amount of the
principal of, premium, if any, and interest on the Securities provided in the Indenture and its Guarantee. 
 12. Limitation
of Guarantor’s Liability. (1) Each Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by such Guarantor not constitute a fraudulent transfer or
conveyance for purposes of Title 11 of the United States Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal or state law to the extent applicable to any Guarantor. To effectuate the foregoing
intention, the Holders and such Guarantor hereby irrevocably agree that the obligations of such Guarantor under the Indenture and its Guarantee shall be limited to the maximum aggregate amount which, after giving effect to all other contingent and
fixed liabilities of such Guarantor, and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such Guarantor under its Guarantee or pursuant to its contribution
obligations under the Indenture, will result in the obligations of such Guarantor under its Guarantee not constituting such fraudulent transfer or conveyance. 
 (2) The Guarantee is expressly limited so that in no event, including the acceleration of the maturity of the Securities, shall the amount paid or agreed to be paid in respect of interest on the
Securities (or fees or other amounts deemed payment for the use of funds) exceed the maximum permissible amount under applicable law, as in effect on the date hereof and as subsequently amended or modified to allow a greater amount of interest (or
fees or other amounts deemed payment for the use of funds) to be paid under the Guarantee. If for any reason the amount in respect of interest (or fees or other amounts deemed payment for the use of funds) required by the Guarantee exceeds such
maximum permissible amount, the obligation to pay interest under the Guarantee (or fees or other amounts deemed payment for the use of funds) shall be automatically reduced to such maximum permissible amount and any amounts collected by any holder
of any Security in excess of the permissible amount shall be automatically applied to reduce the outstanding principal on such Security. 
 13. Contribution from Other Guarantors. Each Guarantor that makes a payment or distribution under its Guarantee shall be entitled to seek contribution from each other non-paying Guarantor in a pro
rata amount based on the net assets of each Guarantor, determined in accordance with generally accepted accounting principles in effect in the United States of America as of the date hereof so long as the exercise of such right does not impair the
rights of the Holders under the Guarantee. 
 14. No Obligation to Take Action Against the Company. Neither the Trustee,
any Holder nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or take any other steps under any security for the Obligations or against the Company or any other Person or any Property of the Company or any
other Person before the Trustee, such Holder or such other Person is entitled to demand payment and performance by any or all Guarantors of their liabilities and obligations under their Guarantee. 

 15. Execution and Delivery of the Guarantee. (1) To further evidence the
Guarantee set forth in this First Supplemental Indenture, each Guarantor hereby agrees that a notation of such Guarantee shall be endorsed on each Security authenticated and delivered by the Trustee and executed by either manual or facsimile
signature of an officer, manager or member, as applicable, of each Guarantor. 
 (2) Each of the Guarantors hereby agrees that
its Guarantee set forth in this First Supplemental Indenture shall remain in full force and effect notwithstanding any failure to endorse on each Security a notation of such Guarantee. 

(3) If an officer of a Guarantor whose signature is on the Indenture or a Guarantee no longer holds that office or is no longer a
manager or member, as applicable, at the time the Trustee authenticates such Guarantee or at any time thereafter, such Guarantor’s Guarantee of such Security shall be valid nevertheless. 

(4) The delivery of any Security by the Trustee, after the authentication thereof under the Indenture, shall constitute due delivery of
any Guarantee set forth in the Indenture on behalf of each Guarantor. 
 16. Successor Guarantor. Unless otherwise
released and discharged from its obligations in accordance with the Indenture, upon any consolidation or merger by any Guarantor with or into any other Person, the successor Person formed by such consolidation or merger shall sign a supplemental
indenture and guarantee and succeed to, and be substituted for, and may exercise every right and power of, the Guarantor under the Indenture with the same effect as if such successor Person has been named as a Guarantor herein, and thereafter the
predecessor Person shall be relieved of all obligations and covenants under the Indenture and the Securities (to the extent the Guarantor was the predecessor Person). 
 17. Ratification of Base Indenture; Supplemental Indenture Part of Indenture. The Base Indenture is in all respects ratified and confirmed, and all terms, conditions and provisions thereof shall
remain in full force and effect. This First Supplemental Indenture shall form a part of the Base Indenture for all purposes, and every Holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby. 

18. Representations and Warranties. Each Guarantor hereby represents that (a) it is duly organized, validly existing and in
good standing under the laws of the jurisdiction of its organization, (b) it has full power, authority and legal rights to execute and deliver this First Supplemental Indenture and to perform its obligations hereunder and under the Base
Indenture, (c) the execution, delivery and performance by it of this First Supplemental Indenture has been duly authorized by all necessary corporate action, and no other proceedings or actions on the part of such Guarantor are necessary
therefor and (d) this First Supplemental Indenture has been duly and validly executed and delivered by such Guarantor and constitutes a legal, valid and binding obligation of such Guarantor, enforceable against such Guarantor in accordance with
its terms (subject to applicable bankruptcy, insolvency, receivership, reorganization, moratorium and other similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles). 

19. No Personal Liability of Directors, Officers, Employees or Stockholders. No director, officer, employee, member or stockholder
of any Guarantor, as such, will have any liability for any obligations of the Company or any other Guarantor under the Securities, the Base Indenture or the Guarantees, or for any claim based on, in respect of, or by reason of, such obligations or
their creation. Each Holder of Securities, by accepting a Security, waives and releases the Company and each Guarantor from all such liability. The waiver and release are part of the consideration for issuance of the Guarantee by the Guarantors.

 20. GOVERNING LAW. THIS FIRST SUPPLEMENTAL INDENTURE AND THE GUARANTEES HEREUNDER SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 

 21. Counterparts. This First Supplemental Indenture may be executed in any number of
counterparts, each of which shall be deemed an original; but all such counterparts shall together constitute but one and the same instrument. 
 22. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction hereof. 
 23. Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or for or in respect of the recitals
contained herein, all of which recitals are made solely by the Guarantors and the Company. 

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

					
	MEDCO HEALTH SOLUTIONS, INC.
		
	By:	 	 /s/ Keith J. Ebling

		 	Name:	 	Keith J. Ebling
		 	Title:	 	Vice President

 GUARANTORS 

 

			
	EXPRESS SCRIPTS HOLDING COMPANY
		
	By:	 	 /s/ Keith J. Ebling

	Name:	 	Keith J. Ebling
	Title:	 	Executive Vice President, General Counsel, and Secretary
	
	EXPRESS SCRIPTS, INC.
		
	By:	 	 /s/ Keith J. Ebling

	Name:	 	Keith J. Ebling
	Title:	 	Vice President
	
	AIRPORT HOLDINGS, LLC
	ESI REALTY, LLC
		
	By: 	 	Express Scripts, Inc., as sole Member
		
	By:	 	 /s/ Keith J. Ebling

	Name:	 	Keith J. Ebling
	Title:	 	Vice President

 [Signature Page to 2008 Medco First Supplemental Indenture] 

 
					
	BYFIELD DRUG, INC.
	CARE CONTINUUM, INC.
	CFI OF NEW JERSEY, INC.
	CHESAPEAKE INFUSION, INC.
	CONNECTYOURCARE COMPANY, LLC
	CONNECTYOURCARE, LLC
	CURASCRIPT PBM SERVICES, INC.
	DIVERSIFIED PHARMACEUTICAL SERVICES, INC.
	ESI ACQUISITION, INC.
	ESI CLAIMS, INC.
	ESI ENTERPRISES, LLC
	ESI MAIL ORDER PROCESSING, INC.
	EXPRESS SCRIPTS CANADA HOLDING, CO.
	EXPRESS SCRIPTS CANADA HOLDING, LLC
	EXPRESS SCRIPTS PHARMACEUTICAL PROCUREMENT, LLC
	EXPRESS SCRIPTS SERVICES COMPANY
	FRECO, INC.
	FREEDOM SERVICE COMPANY, LLC
	HEALTHBRIDGE, INC.
	HEALTHBRIDGE REIMBURSEMENT AND PRODUCT SUPPORT, INC.
	iBIOLOGIC, INC.
	IVTX, INC.
	LYNNFIELD COMPUNDING CENTER, INC.
	LYNNFIELD DRUG, INC.
	MATRIX GPO LLC
	NATIONAL PRESCRIPTION ADMINISTRATORS, INC.
	PRIORITY HEALTHCARE CORPORATION
	PRIORITY HEALTHCARE CORPORATION WEST
	PRIORITY HEALTHCARE DISTRIBUTION, INC.
	PRIORITY HEALTHCARE PHARMACY, INC.
	PRIORITYHEALTHCARE.COM, INC.
	SINUSPHARMACY, INC.
	SPECIALTY INFUSION PHARMACY, INC.
	SPECTRACARE, INC.
	SPECTRACARE HEALTH CARE VENTURES, INC.
	SPECTRACARE INFUSION PHARMACY, INC.
	VALUE HEALTH, INC.
	YOURPHARMACY.COM, INC.
		
	By:	 	 /s/ Keith J. Ebling

		 	Name:	 	Keith J. Ebling
		 	Title:	 	Vice President
	
	CURASCRIPT, INC.
	EXPRESS SCRIPTS UTILIZATION MANAGEMENT CO.
	EXPRESS SCRIPTS MSA, LLC
	EXPRESS SCRIPTS SENIOR CARE, INC.
	EXPRESS SCRIPTS SENIOR CARE HOLDINGS, INC.EXPRESS SCRIPTS WC, INC.
		
	By:	 	 /s/ Martin P. Akins

		 	Name:	 	Martin P. Akins
		 	Title:	 	Assistant Secretary

 [Signature Page to 2008 Medco First Supplemental Indenture] 

					
	ESI MAIL PHARMACY SERVICE, INC.
	EXPRESS SCRIPTS SPECIALTY DISTRIBUTION SERVICES, INC.
	MOORESVILLE ON-SITE PHARMACY, LLC
		
	By:	 	 /s/ Martin P. Akins

	Name:	 	Martin P. Akins
	Title:	 	Secretary
	
	ESI-GP HOLDINGS, INC.
	ESI RESOURCES, INC.
		
	By:	 	 /s/ Tom Rocheford

	Name:	 	Tom Rocheford
	Title:	 	President
	
	ESI PARTNERSHIP
		
	By:	 	Express Scripts, Inc., as Partner
		
	By:	 	 /s/ Keith J. Ebling

		 	Name:	 	Keith J. Ebling
		 	Title:	 	Vice President
		
	By:	 	ESI-GP Holdings, Inc., as Partner
		
	By:	 	 /s/ Tom Rocheford

		 	Name:	 	Tom Rocheford
		 	Title:	 	President
	
	SPECTRACARE OF INDIANA
		
	By:	 	Spectracare, Inc., as Partner
		
	By:	 	 /s/ Keith J. Ebling

		 	Name:	 	Keith J. Ebling
		 	Title:	 	Vice President
		
	By:	 	Care Continuum, Inc., as Partner
		
	By:	 	 /s/ Keith J. Ebling

		 	Name:	 	Keith J. Ebling
		 	Title:	 	Vice President
	
	ACCREDO HEALTH, INCORPORATED
	ACCREDO HEALTH GROUP, INC.
	MEDCO HEALTH SERVICES, INC.
		
	By:	 	 /s/ Keith J. Ebling

		 	Name:	 	Keith J. Ebling
		 	Title:	 	Vice President

 [Signature Page to 2008 Medco First Supplemental Indenture] 

					
	U.S. BANK TRUST NATIONAL ASSOCIATION, AS TRUSTEE
		
	By	 	 /s/ Patrick J. Crowley

		 	Name:	 	Patrick J. Crowley
		 	Title:	 	Vice President

 [Signature Page to 2008 Medco First Supplemental Indenture]First Supplemental Indenture

 Exhibit 4.4 
 FIRST SUPPLEMENTAL INDENTURE 
 FIRST SUPPLEMENTAL INDENTURE (this “First
Supplemental Indenture”), dated as of April 2, 2012, among Medco Health Solutions, Inc., a Delaware corporation (the “Company”), the entities listed on Schedule I hereto, each a subsidiary of the Company (each, a “Subsidiary
Guarantor” and, collectively, the “Subsidiary Guarantors”), and U.S. Bank Trust National Association, as trustee under the indenture referred to below (the “Trustee”). 

W I T N E S S E T H 
 WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of August 12, 2003 providing for the issuance of $500.0 million aggregate
principal amount of the Company’s 7.25% Senior Notes due 2013 (the “Notes”); 
 WHEREAS, the Indenture provides
that the Company may cause any of its direct or indirect Restricted Subsidiaries to become a Subsidiary Guarantor by executing and delivering to the Trustee a supplemental indenture pursuant to which the Subsidiary Guarantor shall unconditionally
guarantee all of the Company’s Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Subsidiary Guarantee”); and 
 WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this First Supplemental Indenture. 

NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby
acknowledged, each Subsidiary Guarantor and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows: 
 1. Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. 
 2. Agreement to Guarantee. Each Subsidiary Guarantor hereby agrees as follows: 
 (a) To guarantee, jointly and severally with each other Subsidiary Guarantor heretofore or hereafter designated as such by the Company, and with any other guarantor hereafter designated as such by the
Company, to each Holder 

 
of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective of the validity and enforceability of the Indenture, the Notes or the
obligations of the Company hereunder or thereunder, that: 
 (i) the principal of, and any premium and interest
on, the Notes will be promptly paid in full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of and interest on the Notes, if any, if lawful, and all other obligations of the Company to
the Holders or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and under the Indenture; and 

(ii) in case of any extension of time of payment or renewal of any Notes or any of such other obligations, that same will
be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at the date scheduled to be paid, by acceleration or otherwise. 
 Failing payment when due of any amount so guaranteed or any performance so guaranteed for whatever reason, each Subsidiary Guarantor shall be obligated to pay the same immediately. Each Subsidiary
Guarantor hereby agrees that this is a guarantee of payment and not a guarantee of collection. 
 (b) The
obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Notes or the Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with respect to
any provisions hereof or thereof, the recovery of any judgment against the Company, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of any Subsidiary Guarantor.

 (c) The Subsidiary Guarantors hereby waive diligence, presentment, demand of payment, filing of claims with a
court in the event of insolvency or bankruptcy of the Company, any right to require a proceeding first against the Company, protest, notice and all demands whatsoever. 

(d) This Subsidiary Guarantee shall not be discharged except by complete performance of the obligations contained in the
Notes and the Indenture or release in accordance with the Indenture, and each Subsidiary Guarantor accepts all obligations of a Subsidiary Guarantor under the Indenture. 

 (e) If any Holder or the Trustee is required by any court or otherwise to
return to the Company, any Subsidiary Guarantor, or any custodian, trustee, liquidator or other similar official acting in relation to either the Company or any Subsidiary Guarantor, any amount paid by any of them to the Trustee or such Holder, this
Subsidiary Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect. 
 (f)
The Subsidiary Guarantors shall not be entitled to any right of subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. 

(g) As between the Subsidiary Guarantors, on the one hand, and the Holders and the Trustee, on the other hand,
(x) the maturity of the obligations guaranteed hereby may be accelerated as provided in Article 6 of the Indenture for the purposes of this Subsidiary Guarantee, notwithstanding any stay, injunction or other prohibition preventing such
acceleration in respect of the obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such obligations as provided in Article 6 of the Indenture, such obligations (whether or not due and payable) shall
forthwith become due and payable by the Subsidiary Guarantors for the purpose of this Subsidiary Guarantee. 

(h) Pursuant to Section 10.02 of the Indenture, after giving effect to any maximum amount and all other contingent
and fixed liabilities that are relevant under any applicable Bankruptcy or fraudulent conveyance laws, this Subsidiary Guarantee shall be limited to the maximum amount permissible such that the obligations of the Subsidiary Guarantors under this
Subsidiary Guarantee will not constitute a fraudulent transfer or conveyance. 
 3. Execution and Delivery. Each Subsidiary
Guarantor agrees that the Subsidiary Guarantee shall remain in full force and effect notwithstanding any failure to endorse such Subsidiary Guarantee. 
 4. Subsidiary Guarantors May Consolidate, Etc. On Certain Terms. 

(a) Except as otherwise provided in Section 5 hereof, no Subsidiary Guarantor shall sell or otherwise dispose of all
or substantially all of its assets to, or consolidate with or merge with or into, any Person that is (either before or after giving effect to such transaction) an Affiliate of the Company, unless that Affiliate unconditionally assumes all of the
obligations of such Subsidiary Guarantor pursuant to a supplemental indenture in form and substance reasonably satisfactory to the Trustee, under the Notes, the Indenture and the Subsidiary Guarantee on the terms set forth therein. 

 (b) Except as otherwise provided in Section 5 hereof, no Subsidiary
Guarantor shall sell or otherwise dispose of all or substantially all of its assets to, or consolidate with or merge with or into, any Person that is not an Affiliate of the Company (whether or not such Subsidiary Guarantor is the surviving Person)
other than the Company unless: 
 (i) immediately after giving effect to such transaction, no Default or Event
of Default exists; and 
 (ii) the Net Proceeds of such sale or other disposition are applied in accordance with
the applicable provisions of the Indenture, including without limitation, Section 4.10 of the Indenture. 

In case of any such consolidation, merger, sale or conveyance and upon the assumption by the successor Affiliate, by
supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the Subsidiary Guarantee and the due and punctual performance of all of the covenants and conditions of the Indenture to be performed by the
Subsidiary Guarantor, such successor Affiliate will succeed to and be substituted for such Subsidiary Guarantor with the same effect as if it had been named therein as the Subsidiary Guarantor. Such successor Affiliate thereupon may cause to be
signed the Subsidiary Guarantee of the Notes issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee. The Subsidiary Guarantee so issued will in all respects have the same legal rank and benefit
under the Indenture as the Subsidiary Guarantees theretofore and thereafter issued in accordance with the terms of the Indenture as though the Subsidiary Guarantee had been issued at the date of the execution of the Indenture. 

Except as set forth in Articles 4 and 5 of the Indenture, and notwithstanding Section 4(b)(ii) hereof, nothing
contained in the Indenture or in any of the Notes will prevent any consolidation or merger of such Subsidiary Guarantor with or into the Company, or will prevent any sale or conveyance of the property of such Subsidiary Guarantor as an entirety or
substantially as an entirety to the Company. 
 (c) For purposes of this Section 4, beneficial ownership of
35% or more of the Voting Stock of a Person will be deemed to be control. 

 5. Releases. 

(a) Notwithstanding the provisions of Section 4 hereof, any Subsidiary Guarantor will be released automatically and
relieved of any obligations under its Subsidiary Guarantee: 
 (i) upon the sale or other disposition of all or
substantially all of the assets of such Subsidiary Guarantor (including by way of merger or consolidation) to a Person that is not (either before or after giving effect to such transaction) the Company or an Affiliate of the Company, if the sale or
other disposition complies with Sections 3.08 and 4.10 of the Indenture and the Subsidiary Guarantor either no longer has an Indebtedness (other than the Subsidiary Guarantee) after compliance with such Sections or it would be permitted at the time
of such release to incur all of its then outstanding Indebtedness in compliance with Section 4.09 of the Indenture, 
 (ii) upon the sale of all of the Capital Stock of such Subsidiary Guarantor to a Person that is not (either before or after giving effect to such transaction) an Affiliate of the Company, if the sale
complies with Sections 3.08 and 4.10 of the Indenture; 
 (iii) upon the legal defeasance of the Notes as
described in Article 8 of the Indenture; 
 (iv) upon (a) the merger of such Subsidiary Guarantor into the
Company or another Subsidiary Guarantor; (b) the dissolution of such Subsidiary Guarantor into the Company or another Subsidiary Guarantor; or (c) the transfer of all or substantially all of the assets of such Subsidiary Guarantor to the
Company or another Subsidiary Guarantor; or 
 (v) at the option of the Company, if at any time the Subsidiary
Guarantor has no Indebtedness outstanding other than the Subsidiary Guarantee or, assuming it ceased to be a Subsidiary Guarantor but continued to be a Restricted Subsidiary of the Company following such release, it would be permitted at the time of
such release to incur all of its then outstanding Indebtedness in compliance with Section 4.09 of the Indenture. 
 Upon delivery by the Company to the Trustee of an Officers’ Certificate and an Opinion of Counsel to the effect that one of the events described in this Section 5 has occurred in accordance with
the provisions 

 
of the Indenture, the Trustee will execute any documents reasonably required in order to evidence the release of such Subsidiary Guarantor from its obligations under its Subsidiary Guarantee.

 6. No Recourse Against Others. No past, present or future director, officer, employee, incorporator, stockholder or agent of
any Subsidiary Guarantor, as such, shall have any liability for any obligations of the Company or any Subsidiary Guarantor under the Notes, the Subsidiary Guarantee, the Indenture or this First Supplemental Indenture or for any claim based on, in
respect of, or by reason of, such obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. 

7. Successors and Assigns. All covenants agreements of any Subsidiary Guarantor in this Indenture supplemental will bind its successors
and assigned, whether so expressed or not, except as otherwise provided in Section 5 hereof. 
 8. Separability. In case
any provision in this First Supplemental Indenture or in the Subsidiary Guarantee is invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired thereby.

 9. Governing Law. This First Supplemental Indenture and the Subsidiary Guarantee shall be governed by and construed in
accordance with the laws of the State of New York. 
 10. Counterparts. The parties may sign any number of copies of this First
Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
 11.
Effect of Headings. The Section headings herein are for convenience of reference only, are not to be considered part of this First Supplemental Indenture and will in no way modify or restrict any of the terms or provisions hereof. 

12. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this
First Supplemental Indenture or for or in respect of any statement or recital herein or in the Subsidiary Guarantee, all of which statements and recitals are made solely by the Subsidiary Guarantors and the Company. 

 IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be
duly executed and attested, all as of the date first above written. 
 Dated: April 2, 2012 

 

					
	MEDCO HEALTH SOLUTIONS, INC.
		
	By:	 	 /s/ Keith J. Ebling

		 	Name:	 	Keith J. Ebling
		 	Title:	 	Vice President

                Subsidiary Guarantors

  

					
	MEDCO HEALTH SERVICES, INC.
	ACCREDO HEALTH, INCORPORATED
	ACCREDO HEALTH GROUP, INC.
		
	By:	 	 /s/ Keith J. Ebling

		 	Name:	 	Keith J. Ebling
		 	Title:	 	Vice President

 [Signature Page to 2003 Medco First Supplemental Indenture] 

			
	U.S. Bank Trust National Association, as Trustee
		
	By:	 	 /s/ Patrick J. Crowley

		 	Authorized Signatory

 [Signature Page to 2003 Medco First Supplemental Indenture]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}]]