Document:

Exhibit 10.30

 

AGREEMENT

 

AMENDMENT AGREEMENT ENTERED INTO BY AND BETWEEN BBVA
BANCOMER SERVICIOS, S.A. AS TRUSTEE OF “SUBMETRÓPOLI DE TIJUANA”
TRUST, REPRESENTED HEREIN BY MESSRS. MARTÍN AGUSTÍN OCAMPO GÓMEZ Y FERNANDO
SILVESTRE LLAMAS FIERRO (HEREINAFTER REFERRED TO AS “LESSOR”),
AND DJ ORTHOPEDICS DE MÉXICO, S.A. DE C.V.,
REPRESENTED HEREIN BY MR. JUAN JOSÉ LÓPEZ BOJORQUEZ HEREINAFTER REFERRED TO AS
“LESSEE”), PURSUANT TO THE FOLLOWING RECITALS AND CLAUSES:

 

R E C I T A L S:

 

1. The parties through their representatives, state:

 

1.1. That on December 10, 2003, they entered into a Lease Agreement
over an industrial facility and accessory improvements that were constructed by
LESSOR over Fractions 2-TX, 2-TY and 2-TZ (currently known as Fraction 2-TZ-1)
that resulted from the subdivision of Lot 2-T3 of “Colonia El Florido” of the
city of Tijuana, Baja California, which have as address the one located at
Bulevar Insurgentes 20230, Fideicomiso El Florido, Delegacion La Presa,
Tijuana, Baja California, Mexico.

 

1.2. That on June 16th, 2004, and on October 29, 2004,
they entered into certain Amendment Agreements to the Lease Agreement referred
under the preceding recital.

 

1.3. That on January 24, 2005, they entered into another Lease
Agreement over certain industrial facility and accessory improvements that were
constructed by LESSOR with an approximate construction area of 27,733.47

 

CONVENIO

 

CONVENIO MODIFICATORIO QUE CELEBRAN BBVA
BANCOMER SERVICIOS, S.A. EN SU CARÁCTER DE FIDUCIARIO DEL
FIDEICOMISO “SUBMETRÓPOLI DE TIJUANA” REPRESENTADO EN ESTE ACTO POR LOS SRES.
MARTÍN AGUSTÍN OCAMPO GÓMEZ Y FERNANDO SILVESTRE LLAMAS FIERRO (A QUIEN EN LO
SUCESIVO SE LE DENOMINARÁ EL “ARRENDADOR”) Y DJ ORTHOPEDICS DE MÉXICO, S.A. DE C.V., REPRESENTADA EN
ESTE ACTO POR EL SR. JUAN JOSÉ LÓPEZ BOJORQUEZ (A QUIEN EN LO SUCESIVO SE LE
DENOMINARÁ EL “ARRENDATARIO”) DE CONFORMIDAD CON
LAS SIGUIENTES DECLARACIONES Y CLÁUSULAS:

 

D E C L A R A C I O N E S:

 

1. Las partes por conducto de sus representantes, declaran:

 

1.1. Que el dia 10 de diciembre del 2003, ellas celebraron un Contrato
de Arrendamiento con respecto a la Nave Industrial y mejoras que fueron
construidas por el ARRENDADOR sobre las Fracciones 2-TX, 2-TY y 2-TZ
(actualmente conocidas como Fracción 2-TZ-1) resultantes de la subdivisión de
lote 2-T3 de la “Colonia El Florido” de la ciudad de Tijuana, Baja California,
México, que tienen como domicilio el ubicado en Bulevar Insurgentes 20230,
Fideicomiso El Florido, Delegación La Presa, Tijuana, Baja California, México.

 

1.2. Que los días 16 de junio del 2004 y 29 de octubre del 2004,
celebraron ciertos Convenios Modificatorios al Contrato de Arrendamiento
referido en la declaración anterior.

 

1.3. Que el día 24 de enero del año 2005, celebraron un diverso
Contrato de Arrendamiento con respecto a cierta nave industrial y mejoras que
fueron construidas por el ARRENDADOR con un área de construcción de
aproximadamente 27,733.47 pies

 

1

 

square feet.

 

1.4. That on April 4th 2006, they entered into another Lease
Agreement over certain industrial facility and accessory improvements to be
constructed by LESSOR with an approximate construction area of 58,400.00 square
feet.

 

1.5. That pursuant to the terms and conditions herein set forth, they
wish to execute this amendment agreement with respect to the above referred
Leases, in order to standardize the amount of the rent per square foot of
constructed area and also standardize the term of effectiveness of each of the
Leases.

 

Having stated the foregoing, the parties hereto agree to the following:

 

C L A U S E S:

 

FIRST. AMENDMENT AGREEMENT.

 

1.1. Subject to the terms and conditions herein set forth, LESSOR and LESSEE
covenant and agree to execute this Amendment Agreement to the Lease Agreements
referred to in recitals 1.1, 1.3 and 1.4 (hereinafter referred to as the “LEASE
AGREEMENTS”) through which it is agreed, among others, the following:

 

1.1.1. The amount of the monthly rent established under Clause Seventh
of each of the LEASE AGREEMENTS shall be modified to the amount of $0.42
Dollars (Forty Two cents of a Dollar currency of the United States of America)
per square foot of constructed area;

 

1.1.2. It is agreed by the parties that the monthly rent will be
increased every twelve month period, on cumulative basis, at a rate of 3%
(three percent) per twelve month period;

 

cuadrados.

 

1.4. Que el día 4 de Abril del año 2006, celebraron otro Contrato de
Arrendamiento con respecto a cierta nave industrial y mejoras que serán
construidas por el ARRENDADOR con un área de construcción de aproximadamente
58,400.00 pies cuadrados.

 

1.5. Que de conformidad con los términos y condiciones que aquí se
establecen, desean celebrar el presente convenio modificatorio con respecto a
los Contratos de Arrendamiento antes relacionados, a efecto de uniformar el
monto de la renta por pie cuadrado de superticie construida asi como el término
de vigencia de los mismos.

 

Habiendo declarado lo anterior, las partes convienen en las siguientes:

 

C L Á U S U L A S:

 

PRIMERA. CONVENIO MODIFICATORIO.

 

1.1. Sujeto a los términos y condiciones aqui establecidos, el
ARRENDADOR y el ARRENDATARIO convienen y acuerdan el celebrar el presente
Convenio Modificatorio a los Contratos de Arrendamiento relacionados en las declaraciones 1.1, 1.3 y 1.4 anteriores (En lo sucesivo
referidos como ‘LOS CONTRATOS DE ARRENDAMIENTO”) mediante el cual se , conviene
entre otras cosas, lo siguiente:

 

1.1.1. Las partes acuerdan que el monto de la renta mensual establecida
bajo la Cláusula Séptima de cada uno de LOS CONTRATOS DE ARRENDAMIENTO se
modifica a $0.42 Dólares (Cuarenta y Dos centavos de Dólar Moneda del Curso
Legal de los Estados Unidos de América) por pie cuadrado de superficie
construida;

 

1.1.2. Las partes convienen en que la renta mensual se incrementará cada
periodo de doce meses en forma acumulativa a razón de 3% (tres por ciento) por
cada periodo de doce meses;

 

2

 

1.1.3. The parties agree that the term of effectiveness of the LEASE
AGREEMENTS be renewed to a term of 10 (ten) years as of the “Rent Commencement
Date”, as such term is defined under Clause Sixth of the Lease Agreement
referred to in recital 1.4 above.

 

1.2. The parties hereby agree that the effectiveness of this amendment
agreement and the stipulations modified herein shall commence to take effects
on the “Rent Commencement Date”, as such term is defined under Clause Sixth of
the Lease Agreement referred to in recital 1.4 above, as from which date it
shall be effective.

 

1.3. The parties agree that this amendment agreement shall modify only
the stipulations of the LEASE AGREEMENTS hereby indicated; maintaining
unchanged all remaining provisions of the LEASE AGREEMENTS.

 

SECOND. NOTICES.

 

Whenever it shall be necessary or desirable for either of the parties
to serve any notice of demand upon the other party, such notice or demand shall
be served personally, or by registered or certified mail, return receipt
requested, sent to the addressees set forth hereunder, until otherwise directed
in writing by the party which wishes to change its address.

 

LESSOR: Paseo de los Héroes #9188, Piso 5,
Edificio Rodeo, Zona Río, Tijuana, Baja California, Mexico,

 

LESSEE: Bulevar Insurgentes 20230, Fideicomiso
El Florido, Delegación La Presa, Tijuana, Baja California, Mexico.

 

1.1.3. Las partes acuerdan que se renueve el término de vigencia de LOS
CONTRATOS DE ARRENDAMIENTO a un plazo de 10 (diez) años contados a partir de la
“Fecha de Inicio de Renta”, según dicho término se define bajo la Cláusula
Sexta de el Contrato de Arrendamiento relacionado en la declaración
1.4 anterior.

 

1.2. Las partes acuerdan que la vigencia del presente convenio
modificatorio y los acuerdos que aqui se contienen comenzara a surtir sus
efectos en la “Fecha de Inicio de Renta”, según dicho término se define bajo la
Cláusula Séptima el Contrato de Arrendamiento relacionado en la declaración 1.4 anterior, a partir de la cual estará
vigente.

 

1.3. Las partes acuerdan que solo las estipulaciones contenidas en el
presente convenio y en los términos que aqui se establecen se entenderán por
modificados, quedando transcritos y sin cambio todos y cada una de aquellas
disposiciones restantes de LOS CONTRATOS DE ARRENDAMIENTO.

 

SEGUNDA. AVISOS.

 

En caso de ser necesario o deseable para cualquiera de las partes hacer
cualquier notificación o demanda a la otra parte, tal notificación o demanda
deberá hacerse personalmente o a través de correo certificado o registrado con
acuse de recibo, dirigido al domicilio que aparece a continuación hasta en tanto
el mismo no sea modificado mediante aviso por escrito a la otra parte:

 

ARRENDADOR: Paseo de los Héroes #9188, Piso 5,
Edificio Rodeo, Zona Río, Tijuana, Baja California, México,

 

ARRENDATARIO: Bulevar Insurgentes 20230, Fideicomiso
El Florido, Delegación La Presa, Tijuana, Baja California, México.

 

3

 

THIRD. LANGUAGE.

 

This agreement is executed and delivered into in English and Spanish
versions. In case of litigation, interpretation or any difference between the
two texts, the Spanish version shall prevail.

 

FOURTH. GOVERNING LAW AND JURISDICTION.

 

In the event of any controversy derived from this Agreement, the
parties expressly submit themselves to the applicable laws in the State of Baja
California, United Mexican States. Likewise, they submit themselves to the
jurisdiction of the competent courts of the City of Tijuana, Baja California,
Mexico, expressly waiving any other forum they might otherwise have by reason
of their present or future domiciles or any other reason whatsoever.

 

IN WITNESS WHEREOF, the parties hereto have executed and delivered this
agreement on April 4th 2006, before the witnesses who also sign the
same.

 

TERCERA. IDIOMA.

 

Este convenio se celebra en el idioma inglés y español. En caso de
litigio, interpretación o de divergencia entre los dos textos, la versión en
español prevalecerá

 

CUARTA. LEY APLICABLE Y JURISDICCIÓN.

 

En caso de controversia derivada de este contrato, las partes
expresamente se someten a las leyes aplicables del Estado de Baja California,
Estados Unidos Mexicanos. Asimismo, se someten a la jurisdicción de los
tribunales competentes de la Ciudad de Tijuana, Baja California, México,
renunciando en forma expresa a cualquier fuero que pudiera corresponderies en
razón a sus domicilios presentes o futuros, o por cualquier otra razón.

 

EN TESTIMONIO DE LO CUAL, las partes del represente celebran y firman
este convenio el día 4 de Abril del año 2006, ante los testigos que también
proceden a firmario.

 

“ARRENDADOR” / “LESSOR”

BBVA BANCOMER SERVICIOS, S.A.

FIDUCIARIO DEL FIDECOMISO “SUBMETRÓPOLI DE TIJUANA”

 

 

	
  /s/ Martín Agustín Ocampo Gómez

  	
   

  	
  /s/ Fernando Silvestre Llamas Fierro

  
	
  MARTÍN AGUSTÍN OCAMPO GÓMEZ

  	
   

  	
  FERNANDO SILVESTRE LLAMAS FIERRO

  

 

 

“ARRENDATARIO” / “LESSEE”

DJ ORTHOPEDICS DE MÉXICO, S.A. DE C.V.

 

 

	
   

  	
  /s/ Juan José Lopez Bojorquez

  	
   

  
	
   

  	
  JUAN JOSÉ LOPEZ BOJORQUEZ

  	
   

  

 

TESTIGOS / WITNESSES

 

 

	
   

  	
   

  	
   

  	
   

  
	
  Nombre/Name:

  	
   

  	
   

  	
  Nombre/Name:

  

 

4Exhibit 4.20

 

AMERICAN EQUITY CAPITAL TRUST I

RESIGNATION OF PROPERTY TRUSTEE

 

Whereas,
the undersigned was named the initial Property Trustee under the Amended and
Restated Declaration of Trust of American Equity Capital Trust I (the “Trust”),
dated as of September 7, 1999 (the “Declaration”); and

 

Whereas,
the undersigned has served as the Property Trustee of the Trust from September 7,
1999 to the present; and

 

Whereas,
subparagraph (d) of Section 5.6 of the Declaration permits the
Property Trustee of the Trust to resign, as follows:

 

“(d) 
A Trustee appointed to office shall hold office until his successor shall have
been appointed or until his death, removal or resignation.  Any Trustee may resign from office (without
need for prior or subsequent accounting) by an instrument in writing signed by
the Trustee and delivered to the Sponsor and the Trust, which resignation shall
take effect upon such delivery or upon such later date as is specified therein;”
and

 

Whereas,
the undersigned now wishes to resign as the Property Trustee of the Trust.

 

Now Therefore, pursuant to subparagraph (d) of
Section 5.6 of the Declaration, the undersigned, WEST DES MOINES STATE
BANK, hereby resigns as the Property Trustee of the Trust, effective upon the
appointment of a Successor Property Trustee and acceptance by written
instrument executed by such Successor Property Trustee and delivery to the
Trust, the Sponsor and the resigning Property Trustee.

 

 

	
  WEST
  DES MOINES STATE BANK

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Carol
  T. Stone

  	
   

  
	
   

  	
  Name:  Carol
  T. Stone

  
	
   

  	
  Title:  Senior
  Trust Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
  Dated:

  	
  February 8,
  2006

  

 

 

AMERICAN EQUITY CAPITAL TRUST I

RESIGNATION OF DELAWARE TRUSTEE

 

Whereas,
the undersigned was named the initial Delaware Trustee under the Amended and
Restated Declaration of Trust of American Equity Capital Trust I (the “Trust”),
dated as of September 7, 1999 (the “Declaration”); and

 

Whereas,
the undersigned has served as the Delaware Trustee of the Trust from September 7,
1999 to the present; and

 

Whereas,
subparagraph (d) of Section 5.6 of the Declaration permits the
Delaware Trustee of the Trust to resign, as follows:

 

“(d) 
A Trustee appointed to office shall hold office until his successor shall have
been appointed or until his death, removal or resignation.  Any Trustee may resign from office (without
need for prior or subsequent accounting) by an instrument in writing signed by
the Trustee and delivered to the Sponsor and the Trust, which resignation shall
take effect upon such delivery or upon such later date as is specified therein;”
and

 

Whereas,
the undersigned now wishes to resign as the Delaware Trustee of the Trust.

 

Now
Therefore, pursuant to subparagraph (d) of Section 5.6 of the
Declaration, the undersigned, DELAWARE TRUST COMPANY, NATIONAL ASSOCIATION,
formally known as FIRST UNION TRUST COMPANY, NATIONAL ASSOCIATION, hereby
resigns as the Delaware Trustee of the Trust, effective upon the appointment of
a Successor Delaware Trustee and acceptance by written instrument executed by
such Successor Delaware Trustee and delivery to the Trust, the Sponsor and the
resigning Delaware Trustee.

 

DELAWARE
TRUST COMPANY, NATIONAL ASSOCIATION, formally known as FIRST UNION TRUST
COMPANY, NATIONAL ASSOCIATION

 

 

	
  By:

  	
  /s/  Jason
  Concavage

  	
   

  
	
   

  	
  Name:  Jason
  Concavage

  
	
   

  	
  Title:  Trust
  Officer

  

 

 

AMERICAN EQUITY CAPITAL TRUST I

CHANGE OF 
REGISTRAR, PAYING AGENT

AND CONVERSION AGENT

 

Whereas,
under the Amended and Restated Declaration of Trust of American Equity Capital
Trust I (the “Trust”), dated as of September 7, 1999 (the “Declaration”),
West Des Moines State Bank was appointed as the initial Registrar, Paying Agent
and Conversion Agent; and

 

Whereas,
West Des Moines State Bank has served as the Registrar, the Paying Agent and
the Conversion Agent of the Trust from September 7, 1999 to the present;
and

 

Whereas,
Section 7.4 of the Declaration permits the Trust to change the Registrar,
the Paying Agent and the Conversion Agent as follows:

 

“Section 7.4  Registrar, Paying Agent and Conversion Agent.
The Trust shall maintain in West Des Moines, Iowa (i) an office or agency
where Trust Preferred Securities may be presented for registration of transfer
or exchange (the “Registrar”), (ii) an office or agency where Trust
Preferred Securities may be presented for payment (the “Paying Agent”) and an
office or agency where Trust Preferred Securities may be presented for
conversion (the “Conversion Agent”). The Registrar shall keep a register of the
Trust Preferred Securities and of their transfer and exchange. The Trust may
appoint the Registrar, the Paying Agent and the Conversion Agent and may
appoint one or more co-registrars, one or more additional paying agents and one
or more additional conversion agents in such other locations as it shall
determine. The term “Paying Agent” includes any additional paying agent and the
term “Conversion Agent” includes any additional conversion agent. The Trust may
change any Paying Agent, Registrar, co-registrar or Conversion Agent without
prior notice to any Holder. The Paying Agent shall be permitted to resign as
Paying Agent upon 30 days’ written notice to the Administrative Trustees. The
Trust shall notify the Property Trustee of the name and address of any Agent
not a party to this Declaration. If the Trust fails to appoint or maintain
another entity as Registrar, Paying Agent or Conversion Agent, the Property
Trustee shall act as such. The Trust or any of its Affiliates may act as Paying
Agent, Registrar, or Conversion Agent. The Trust shall act as Paying Agent,
Registrar, co-registrar, and Conversion Agent for the Trust Common Securities.

 

The
Trust initially appoints the Property Trustee as Registrar, Paying Agent and
Conversion Agent for the Trust Preferred Securities.”

 

Whereas,
the Trust now wishes to change the Registrar, the Paying Agent and the
Conversion Agent for the Trust Preferred Securities.

 

 

Now Therefore, pursuant to Section 7.4
of the Declaration, the Trust hereby appoints AMERICAN EQUITY INVESTMENT LIFE
HOLDING COMPANY as the new Registrar, the new Paying Agent and the new
Conversion Agent for the Trust Preferred Securities, effective upon there date
hereof.

 

 

	
  AMERICAN EQUITY CAPITAL TRUST I

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Debra
  J. Richardson

  	
   

  
	
   

  	
  Name:  Debra
  J. Richardson

  
	
   

  	
  Title:

  
	
   

  
	
   

  
	
  Dated:

  	
  February     ,
  2006

  

 

 

Accepted
and agreed:

 

	
  AMERICAN
  EQUITY INVESTMENT LIFE HOLDING COMPANY

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Ted
  M. Johnson

  	
   

  
	
   

  	
  Name:  Ted
  M. Johnson

  
	
   

  	
  Title:  Vice
  President – Accounting

  

 

 

AMERICAN EQUITY CAPITAL TRUST I

ACCEPTANCE OF APPOINTMENT AS

PROPERTY TRUSTEE AND DELAWARE TRUSTEE

 

Whereas,
the West Des Moines State Bank has resigned as Property Trustee (the “Resigning
Property Trustee”) pursuant to the Amended and Restated Declaration of Trust of
American Equity Capital Trust I (the “Trust”), dated as of September 7,
1999 (the “Declaration”); and

 

Whereas,
the First Union Trust Company, National Association has resigned as Delaware
Trustee (the “Resigning Delaware Trustee”) pursuant to the Declaration; and

 

Whereas,
the American Equity Investment Life Holding Company, (the “Sponsor”) wishes to
appoint the undersigned as the Successor Delaware Trustee and the Successor Property
Trustee of the Trust; and

 

Whereas,
subparagraph (d)(i)(A) of Section 5.6 of the Declaration requires
that appointment of a Successor Property Trustee be accepted “by written
instrument executed by such Successor Property Trustee and delivered to the
Trust, the Sponsor and the resigning Property Trustee;” and

 

Whereas,
subparagraph (d)(ii) of Section 5.6 of the Declaration requires that
appointment of a Successor Delaware Trustee be accepted “by written instrument
executed by such Successor Delaware Trustee and delivered to the Trust, the
Sponsor and the resigning Delaware Trustee;” and

 

Whereas,
the undersigned now wishes to accept the appointment as Successor Delaware
Trustee and Successor Property Trustee of the Trust.

 

Now
Therefore, pursuant to the Declaration, the undersigned, WILMINGTON TRUST
COMPANY, hereby accepts the appointment as the Successor Delaware Trustee and
the Successor Property Trustee of the Trust, effective upon delivery of this
written instrument to the Trust, the Sponsor, the Resigning Delaware Trustee
and the Resigning Property Trustee.

 

 

	
  WILMINGTON
  TRUST COMPANY

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Geoffrey
  J. Lewis

  	
   

  
	
   

  	
  Name:  Geoffrey
  J. Lewis

  
	
   

  	
  Title:  Financial
  Services Officer

  
	
   

  
	
   

  
	
  Dated:

  	
  September 12,
  2006

  

 

 

INDENTURE

DATED AS OF SEPTEMBER 7,
1999

RESIGNATION AS TRUSTEE

 

Whereas,
the undersigned was named the initial Indenture Trustee under the Indenture,
dated as of September 7, 1999 (the “Indenture”) between the American
Equity Investment Life Holding Company, (the “Company”) and the undersigned,
(the “Resigning Trustee”); and

 

Whereas,
the undersigned has served as the Indenture Trustee from September 7, 1999
to the present; and

 

Whereas,
subparagraph (b) of Section 610 of the Indenture permits the Trustee to
resign as follows:

 

“(b) The
Trustee may resign at any time by giving written notice thereof to the Company”;
and

 

Whereas,
the undersigned now wishes to resign as Trustee.

 

Now
Therefore, pursuant to subparagraph (b) of Section 610 of the Indenture,
the undersigned, WEST DES MOINES STATE BANK, hereby resigns as Trustee, effective
upon the appointment of a Successor Trustee and acceptance by written
instrument executed by such Successor Trustee and delivery to the Company and
the Resigning Trustee.

 

 

	
  WEST
  DES MOINES STATE BANK

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Carol
  T. Stone

  	
   

  
	
   

  	
  Name:  Carol
  T. Stone

  
	
   

  	
  Title:  Senior
  Trust Officer

  
	
   

  
	
   

  
	
  Dated:

  	
  February 8,
  2006

  

 

 

INDENTURE

DATED AS OF SEPTEMBER 7,
1999

CHANGE OF PAYING AGENT,
REGISTRAR AND CONVERSION AGENT

 

Whereas,
under the Indenture, dated as of September 7, 1999 (the “Indenture”)
between the American Equity Investment Life Holding Company, (the “Company”)
and West Des Moines State Bank (the “Indenture Trustee”), the Indenture Trustee
initially acted as the Paying Agent, the Registrar and the Conversion Agent;
and

 

Whereas,
the Indenture Trustee has served as the Paying Agent, the Registrar and the
Conversion Agent from September 7, 1999 to the present; and

 

Whereas,
Section 313 of the Indenture permits the Company to change any Paying
Agent, Registrar or Conversion Agent as follows:

 

“Section 313.
Paying Agent, Registrar and Conversion Agent.  The Trustee will initially act as Paying
Agent, Registrar and Conversion Agent. 
The Company may change any Paying Agent, Registrar, co-registrar or
Conversion Agent without prior notice. 
The Company or any of its Affiliates may act in any such capacity.”; and

 

Whereas,
the Company now wishes to appoint itself as Paying Agent, Registrar and
Conversion Agent.

 

Now
Therefore, pursuant to Section 313 of the Indenture, the Company hereby
appoints itself and hereby accepts such appointment as Paying Agent, Registrar
and Conversion Agent, effective upon the date hereof.

 

 

	
  AMERICAN
  EQUITY INVESTMENT LIFE INSURANCE COMPANY

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Ted
  M. Johnson

  	
   

  
	
   

  	
  Name:  Ted
  M. Johnson

  
	
   

  	
  Title:  Vice
  President - Accounting

  
	
   

  
	
   

  
	
  Dated:

  	
  February     ,
  2006

  

 

 

INDENTURE

DATED AS OF SEPTEMBER 7,
1999

ACCEPTANCE OF APPOINTMENT AS TRUSTEE

 

Whereas,
the West Des Moines State Bank has resigned as Indenture Trustee (the “Resigning
Trustee”) pursuant to the Indenture, dated as of September 7, 1999 (the “Indenture”)
between the American Equity Investment Life Holding Company, (the “Company”)
and West Des Moines State Bank, as Indenture Trustee.

 

Whereas,
the Company wishes to appoint the undersigned as Successor Trustee; and

 

Whereas,
Section 611 of the Indenture requires the Successor Trustee to accept an
appointment as follows:

 

“Every
successor Trustee appointed hereunder shall execute, acknowledge and deliver to
the Company and to the retiring Trustee an instrument accepting such
appointment, and thereupon the resignation or removal of the retiring Trustee
shall become effective and such successor Trustee, without any further act,
deed or conveyance, shall become vested with all the rights, powers, trusts and
duties of the retiring Trustee;” and

 

Whereas,
the undersigned now wishes to accept the appointment as Successor Trustee.

 

Now
Therefore, pursuant to Section 611 of the Indenture, the undersigned,
WILMINGTON TRUST COMPANY, hereby accepts the appointment as Successor Trustee,
effective upon delivery of this instrument to the Company and to the Resigning
Trustee.

 

 

	
  WILMINGTON
  TRUST COMPANY

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Geoffrey
  J. Lewis

  	
   

  
	
   

  	
  Name:  Geoffrey
  J. Lewis

  
	
   

  	
  Title:  Financial
  Services Officer

  
	
   

  
	
   

  
	
  Dated:

  	
  September 12,
  2006

  

 

 

TRUST PREFERRED SECURITIES
GUARANTEE AGREEMENT

DATED AS OF SEPTEMBER 7,
1999

RESIGNATION AS PREFERRED
GUARANTEE TRUSTEE

 

Whereas,
the undersigned was named the initial Preferred Guarantee Trustee under the
Trust Preferred Securities Guarantee Agreement, dated as of September 7,
1999 (the “Guarantee Agreement”) between the American Equity Investment Life
Holding Company, (the “Guarantor”) and the undersigned, (the “Resigning
Preferred Guarantee Trustee”); and

 

Whereas,
the undersigned has served as the Preferred Guarantee Trustee from September 7,
1999 to the present; and

 

Whereas,
Section 4.2 of the Guarantee Agreement permits the Preferred Guarantee
Trustee to resign as follows:

 

“(b)                           Subject to Section 4.2(c), the Preferred
Guarantee Trustee may resign from office (without need for prior or subsequent
accounting) by an instrument in writing executed by the Preferred Guarantee
Trustee and delivered to the Guarantor.

 

(c)                                  The Preferred Guarantee Trustee shall hold
office and shall not be removed in accordance with Section 4.2(a) or
resign in accordance with Section 4.2(b) unless and until a Successor
Preferred Guarantee Trustee has been appointed and has accepted such
appointment by written instrument executed by such Successor Preferred
Guarantee Trustee and delivered to the Guarantor and, in the case of a
resignation in accordance with Section 4.2(b), the resigning Preferred
Guarantee Trustee.”; and

 

Whereas,
the undersigned now wishes to resign as Preferred Guarantee Trustee.

 

Now Therefore, pursuant to Section 4.2
of the Guarantee Agreement, the undersigned, WEST DES MOINES STATE BANK, hereby
resigns as Preferred Guarantee Trustee, effective upon the appointment of a
Successor Preferred Guarantee Trustee and acceptance by written instrument
executed by such Successor Preferred Guarantee Trustee and delivery to the
Guarantor and the Resigning Preferred Guarantee Trustee.

 

 

	
  WEST
  DES MOINES STATE BANK

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Carol
  T. Stone

  	
   

  
	
   

  	
  Name:  Carol
  T. Stone

  
	
   

  	
  Title:  Senior
  Trust Officer

  
	
   

  
	
   

  
	
  Dated:

  	
  February 8,
  2006

  

 

 

TRUST PREFERRED SECURITIES
GUARANTEE AGREEMENT

DATED AS OF SEPTEMBER 7,
1999

ACCEPTANCE OF APPOINTMENT AS PREFERRED GUARANTEE
TRUSTEE

 

Whereas,
the West Des Moines State Bank has resigned as Preferred Guarantee Trustee (the
“Resigning Preferred Guarantee Trustee”) pursuant to the Trust Preferred
Securities Guarantee Agreement, dated as of September 7, 1999 (the “Guarantee
Agreement”) between the American Equity Investment Life Holding Company, (the “Guarantor”)
and West Des Moines State Bank, as Preferred Guarantee Trustee.

 

Whereas,
the Guarantor wishes to appoint the undersigned as Successor Preferred
Guarantee Trustee; and

 

Whereas,
Section 4.2(c) of the Guarantee Agreement requires the Successor
Preferred Guarantee Trustee to accept an appointment as follows:

 

“(c)                            The Preferred Guarantee Trustee shall hold
office and shall not be removed in accordance with Section 4.2(a) or
resign in accordance with Section 4.2(b) unless and until a Successor
Preferred Guarantee Trustee has been appointed and has accepted such
appointment by written instrument executed by such Successor Preferred
Guarantee Trustee and delivered to the Guarantor and, in the case of a
resignation in accordance with Section 4.2(b), the resigning Preferred
Guarantee Trustee.”; and

 

Whereas,
the undersigned now wishes to accept the appointment as Successor Preferred
Guarantee Trustee.

 

Now
Therefore, pursuant to Section 4.2(c) of the Guarantee Agreement, the
undersigned, WILMINGTON TRUST COMPANY, hereby accepts the appointment as
Successor Preferred Guarantee Trustee, effective upon delivery of this
instrument to the Guarantor and to the Resigning Preferred Guarantee Trustee.

 

 

	
  WILMINGTON
  TRUST COMPANY

  
	
   

  
	
   

  
	
  By:

  	
  /s/  Geoffrey
  J. Lewis

  	
   

  
	
   

  	
  Name:  Geoffrey
  J. Lewis

  
	
   

  	
  Title:  Financial
  Services Officer

  
	
   

  
	
   

  
	
  Dated:

  	
  September 12,
  2006

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00155-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00155-of-00352.parquet"}]]