Document:

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                                                                     Exhibit 4.2

                               SUPPLEMENT NO. 2 TO
                                MASTER INDENTURE

     THIS SUPPLEMENT NO. 2 TO MASTER INDENTURE, dated as of as of April 28, 2006
(this "Supplement"), is between GE Dealer Floorplan Master Note Trust, a
Delaware statutory trust, as issuer (the "Issuer"), and Wilmington Trust
Company, a Delaware banking corporation, as trustee (the "Indenture Trustee").

                                   BACKGROUND

     The parties hereto are parties to a master indenture, dated as of August
12, 2004 (as amended, modified or supplemented, the "Master Indenture") between
the Issuer and the Indenture Trustee; and the parties hereto desire to amend the
Master Indenture as set forth herein.

     NOW, THEREFORE, in consideration of the foregoing and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows:

     SECTION 1. Definitions. Capitalized terms defined in the Master Indenture
and used but not otherwise defined herein have the meanings given to them in the
Master Indenture.

     SECTION 2. Section 3.7 of the Master Indenture. Section 3.7 of the Master
Indenture is hereby amended by adding the following sentence after the last
sentence of clause (a) thereof: "Notwithstanding anything to the contrary in
this Indenture, nothing shall prohibit the execution and delivery of, and the
effect of, Amendment No. 2 to Series 2004-2 NTC Supplement, dated as of April
28, 2006, among CDF Financing, L.L.C., GE Commercial Distribution Finance
Corporation, and Wilmington Trust Company."

     SECTION 3. Representations and Warranties. In order to induce the parties
hereto to enter into this Supplement, each of the parties hereto represents and
warrants unto the other parties hereto as set forth in this Section 3:

     (a) Due Authorization, Non Contravention, etc. The execution, delivery and
performance by such party of this Supplement are within its powers, have been
duly authorized by all necessary action, and do not (i) contravene its
organizational documents; or (ii) contravene any contractual restriction, law or
governmental regulation or court decree or order binding on or affecting it; and

     (b) Validity, etc. This Supplement constitutes the legal, valid and binding
obligation of such party enforceable against such party in accordance with its
terms, subject to applicable bankruptcy, insolvency and similar laws affecting
creditors' rights and general equitable principles.

     SECTION 4. Binding Effect; Ratification.

                                            Supplement No. 2 to Master Indenture

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     (a) This Supplement shall become effective as of the date first set forth
above when counterparts hereof shall have been executed and delivered by the
parties hereto, and thereafter shall be binding on the parties hereto and their
respective successors and assigns.

     (b) The Master Indenture, as supplemented hereby, remains in full force and
effect. Any reference to the Master Indenture from and after the date hereof
shall be deemed to refer to the Master Indenture as supplemented hereby, unless
otherwise expressly stated.

     (c) Except as expressly supplemented hereby, the Master Indenture shall
remain in full force and effect and is hereby ratified and confirmed by the
parties hereto.

     SECTION 5. Miscellaneous.

     (a) THIS SUPPLEMENT AND THE OBLIGATIONS ARISING HEREUNDER SHALL IN ALL
RESPECTS, INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE, BE
GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF
THE STATE OF NEW YORK (INCLUDING SECTIONS 5-1401 AND 5-1402 OF THE GENERAL
OBLIGATIONS LAW, BUT WITHOUT REGARD TO ANY OTHER CONFLICT OF LAWS PROVISIONS
THEREOF) AND ANY APPLICABLE LAWS OF THE UNITED STATES OF AMERICA.

     (b) EACH PARTY HERETO HEREBY CONSENTS AND AGREES THAT THE STATE OR FEDERAL
COURTS LOCATED IN THE BOROUGH OF MANHATTAN IN NEW YORK CITY SHALL HAVE EXCLUSIVE
JURISDICTION TO HEAR AND DETERMINE ANY CLAIM OR DISPUTES BETWEEN THEM PERTAINING
TO THIS SUPPLEMENT OR TO ANY MATTER ARISING OUT OF OR RELATED TO THIS
SUPPLEMENT; PROVIDED, THAT EACH PARTY HERETO ACKNOWLEDGES THAT ANY APPEAL FROM
THOSE COURTS MAY HAVE TO BE HEARD BY A COURT LOCATED OUTSIDE OF THE BOROUGH OF
MANHATTAN IN NEW YORK CITY; PROVIDED, FURTHER, THAT NOTHING IN THIS SUPPLEMENT
SHALL BE DEEMED OR OPERATE TO PRECLUDE THE INDENTURE TRUSTEE FROM BRINGING SUIT
OR TAKING OTHER LEGAL ACTION IN ANY OTHER JURISDICTION TO REALIZE ON THE
COLLATERAL OR ANY OTHER SECURITY FOR THE NOTES, OR TO ENFORCE A JUDGMENT OR
OTHER COURT ORDER IN FAVOR OF THE INDENTURE TRUSTEE. EACH PARTY HERETO SUBMITS
AND CONSENTS IN ADVANCE TO SUCH JURISDICTION IN ANY ACTION OR SUIT COMMENCED IN
ANY SUCH COURT, AND EACH PARTY HERETO WAIVES ANY OBJECTION THAT SUCH PARTY MAY
HAVE BASED UPON LACK OF PERSONAL JURISDICTION, IMPROPER VENUE OR FORUM NON
CONVENIENS AND HEREBY CONSENTS TO THE GRANTING OF SUCH LEGAL OR EQUITABLE RELIEF
AS IS DEEMED APPROPRIATE BY SUCH COURT. EACH PARTY HERETO HEREBY WAIVES PERSONAL
SERVICE OF THE SUMMONS, COMPLAINT AND OTHER PROCESS ISSUED IN ANY SUCH ACTION OR
SUIT AND AGREES THAT SERVICE OF SUCH SUMMONS, COMPLAINT AND OTHER PROCESS MAY BE
MADE BY REGISTERED OR CERTIFIED MAIL ADDRESSED TO SUCH PARTY AT ITS ADDRESS
DETERMINED IN ACCORDANCE WITH SECTION 10.4 OF THE MASTER INDENTURE AND THAT
SERVICE SO MADE SHALL BE DEEMED COMPLETED UPON THE EARLIER OF SUCH PARTY'S
ACTUAL RECEIPT THEREOF

                                       2

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OR THREE DAYS AFTER DEPOSIT IN THE UNITED STATES MAIL, PROPER POSTAGE PREPAID.
NOTHING IN THIS SECTION SHALL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE
LEGAL PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.

     (c) BECAUSE DISPUTES ARISING IN CONNECTION WITH COMPLEX FINANCIAL
TRANSACTIONS ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND
EXPERT PERSON AND THE PARTIES WISH APPLICABLE STATE AND FEDERAL LAWS TO APPLY
(RATHER THAN ARBITRATION RULES), THE PARTIES DESIRE THAT THEIR DISPUTES BE
RESOLVED BY A JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE
BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE
PARTIES HERETO WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT, OR
PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR
OTHERWISE, ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE
RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH THIS SUPPLEMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY.

     (d) Headings used herein are for convenience of reference only and shall
not affect the meaning of this Supplement or any provision hereof.

     (e) This Supplement may be executed in any number of counterparts, and by
the parties hereto on separate counterparts, each of which when executed and
delivered shall be deemed to be an original and all of which taken together
shall constitute one and the same agreement.

     (f) Executed counterparts of this Supplement may be delivered
electronically.

                               [SIGNATURES FOLLOW]

                                       3

<PAGE>

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

                                        GE DEALER FLOORPLAN MASTER NOTE TRUST

                                        By: The Bank of New York (Delaware), not
                                            in its individual capacity, but
                                            solely on behalf ofthe Issuer

                                        By: /s/ Patrick Burns
                                            ------------------------------------
                                        Name: Patrick Burns
                                        Title: SVP

                                      S-1

<PAGE>

                                        WILMINGTON TRUST COMPANY, not in its
                                        individual capacity, but solely as the
                                        Indenture Trustee

                                        By: /s/ Erwin M. Soriano
                                            ------------------------------------
                                        Name: Erwin M. Soriano
                                        Title: Assistant Vice President

                                      S-2EX-10.1:

 

Exhibit 10.1

April 12, 2006

Charles I. Bortnick

235 Old Branchville Road

Ridgefield, CT 06877

Dear Chuck:

This letter confirms our agreement (“Agreement”) regarding your employment at Westwood One, Inc.
and its related corporate entities (collectively, “Westwood” or the “Company”). Capitalized terms
used but not defined herein shall have the meaning set forth in your employment agreement with
Westwood, dated as of June 1, 1999, as amended (“Employment Agreement”).

1.     You have resigned your employment with Westwood, effective April 30, 2006, and you and Westwood
agree that the Employment Agreement shall terminate on April 30, 2006. In connection with the
foregoing and contingent upon your execution of and full compliance with this terms of Agreement,
Westwood shall: (a) pay directly the cost of your continued group health insurance coverage
pursuant to COBRA from May 1, 2006 through July 31, 2006; and (b) continue to pay you your Base
Salary until December 31, 2006 in equal payments on a schedule that mirrors the Company’s current
payroll practices. Any payments provided to you herein shall be reduced by appropriate deductions
for federal, state, local taxes and all other appropriate deductions and shall be paid in
accordance with Westwood’s normal payroll policies and policies and practices regarding the payment
of commissions. You acknowledge that you have been paid all compensation, in cash or otherwise,
due to you from Westwood, and except as set forth above, you shall not receive any other
compensation in cash, salary, commission, draw or bonus, for accrued and unused vacation, or
otherwise. Your right to receive, and the Company’s obligation to pay, the payments contained in
this Section 1 shall not arise until the Effective Date of this Agreement and shall further depend
upon your returning all of the Company’s property as described in Section 6(a) herein.

2.     In exchange and as consideration for the representations, warranties, covenants and release
contained herein, you shall receive the consideration set forth in Section 1.

3.     In consideration of the consideration described in Section 1 and for other good and valuable
consideration, you on your own behalf and on behalf of your heirs, executors, administrators,
attorneys, agents, successors and assigns hereby voluntarily, knowingly and irrevocably release and
forever discharge, Westwood and its present, former and future subsidiaries, divisions, related
entities, parents, successors, assigns, officers, agents, representatives, attorneys, fiduciaries,
administrators, directors, stockholders, partners and employees (collectively, the “Westwood
Released Parties”) from all debts, obligations, promises, covenants, agreements, contracts,
endorsements, bonds, controversies, suits, actions, causes of action, judgments, damages, expenses,
claims or demands, in law or in equity, which you ever had, now have, or which may arise in the
future regarding any matter arising on or before the date of execution of this Agreement, including
but not limited to all claims (whether known or unknown) regarding your employment at or
termination of employment from Westwood (including without limitation any claim for earned and
unused vacation days), any contract (including without limitation your Employment Agreement), any
claim for equitable relief or recovery of punitive, compensatory, or other damages or monies,
attorneys’ fees, any tort, and all claims for alleged

 

 

Charles I. Bortnick

April 12, 2006

Page 2

discrimination based upon age, race, color, sex, religion, national origin, or disability, or other
claims, including any claim, asserted or unasserted, which could arise under Title VII of the Civil
Rights Act of 1964; the Age Discrimination in Employment Act of 1967, as amended; the Older Workers
Benefit Protection Act; the Americans With Disabilities Act of 1990; the Civil Rights Act of 1866,
42 U.S.C. 1981; the Employee Retirement Income Security Act; the Family and Medical Leave Act of
1993; the Civil Rights Act of 1991; the National Labor Relations Act; the Sarbanes-Oxley Act of
2002; all amendments to the foregoing and any other federal, state or local law, ordinance or
regulation, as well as common law and any claim of a violation of public policy.

4.     In consideration of the consideration described in Section 1 above and for other good and
valuable consideration, you also hereby specifically waive any and all rights or claims that you
have, or may hereafter have, to reinstatement or reemployment with Westwood. Any reemployment
shall be at the sole and absolute discretion of Westwood.

5.     Pursuant to and as a part of your complete, total release and discharge of Westwood and the
Westwood Released Parties, you agree, not to sue or file a charge, complaint, grievance or demand
for arbitration in any forum except to enforce this Agreement or assist or otherwise participate,
except as may be required by law, in any claim, arbitration, suit, action, investigation or other
proceeding of any kind which relates to any matter that involves Westwood and the Westwood Released
Parties and that occurred on or before your execution of this Agreement. You represent that you
have not filed or initiated any such proceedings against Westwood and the Westwood Released
Parties.

6.     (a)   You agree that while employed by Westwood you have had access to confidential and
proprietary information, including, without limitation, customer lists, financial data and trade
secret information. You agree that any such confidential information you acquired while an
employee of Westwood shall not be disclosed to any other person or used in a manner detrimental to
Westwood’s interests. In addition, you shall return to Westwood all Westwood property and tangible
confidential information in your possession including, but not limited to, keys, computers, pagers,
files, agreements, documents, telephones, fax machines and credentials. You agree to cooperate
with Westwood in any investigation Westwood undertakes or litigation Westwood is involved in
relating to matters that occurred during your employment with Westwood.

         (b)   For good and valuable consideration provided herein, you hereby ratify and reaffirm the
provisions set forth in Paragraphs 8(a) – (d) of your Employment Agreement, provided, however, that
the parties agree and acknowledge that: (i) the restrictions contained in Paragraphs 8(c) and 8(d)
shall remain in full force and effect for an extended period of time continuing through and through
April 30, 2008 and (ii) CBS Corporation and its subsidiaries, divisions, parents and related
corporate entities shall not be considered a part of or included as entities within the Company
Group for the purpose Paragraph 8(a). By your signature hereto you acknowledge that you have
reviewed such paragraphs in connection with your review of this Agreement and understand the
restrictions contained therein.

 

 

Charles I. Bortnick

April 12, 2006

Page 3

         (c)   You acknowledge that Westwood has established a valuable and extensive trade in the
services it provides, which has been developed at considerable expense to Westwood. You agree
that, by virtue of the special knowledge that you have received from Westwood, and the relationship
of trust and confidence between you and Westwood, you have certain information and knowledge of the
operations of Westwood that are confidential and proprietary in nature, including, without
limitation, information about its Corporate Affiliates and Sponsors. You agree that you will not
make use of or disclose at any time, without the prior written consent of Westwood, Confidential
Information relating to Westwood and any of its Related Entities (including, without limitation,
its Sponsor lists, its Corporate Affiliates, its technical systems, its contracts, its methods of
operation, its business plans and opportunities, its strategic plans and its trade secrets), and
further, that you will return to Westwood all written materials in your possession embodying such
Confidential Information.

         (d)   You agree that the limitations set forth herein on your rights are reasonable and
necessary for the protection of Westwood. In this regard, you specifically agree that the
limitations as to period of time and geographic area, as well as all other restrictions on your
activities specified herein, are reasonable and necessary for the protection of Westwood. The
parties hereto agree that the remedy at law for any breach of your obligations under this Section
of this Agreement would be inadequate and that Westwood shall be entitled to injunctive or other
equitable relief (without bond or undertaking) in any proceeding which may be brought to enforce
any provisions of this Section.

7.     You understand and agree that neither you nor anyone acting on your behalf will publish,
publicize, disseminate, communicate or cause to be published, publicized, disseminated or
communicated, to any entity or person whatsoever, directly or indirectly, information concerning
your employment with Westwood, the existence of this Agreement or the terms described herein except
to your attorneys, accountants, tax advisors or immediate family, which for purposes hereof shall
include your spouse, parents, children, siblings, grandparents, grandchildren, mother-in-law and
father-in-law. You agree not to make any statement or take any actions which in any way disparage
or which could harm the reputation and/or goodwill of Westwood, or in any way, directly or
indirectly, cause or encourage the making of such statements or the taking of such actions by
anyone else. Nothing in this paragraph shall prohibit you from responding truthfully to a lawfully
issued subpoena, court order, or other lawful request by any regulatory agency or government
authority.

8.     You further acknowledge and agree that in the event you ever challenge the enforceability of
this agreement or breach this Agreement, Westwood will seek offset of any payments made to you
herein or benefits provided to you to the extent permitted by law and Westwood will not be required
to make any further payments to you or to provide you with any other benefits referred to herein.

9.     The terms of this Agreement, including all facts, circumstances, statements and documents
relating thereto, shall not be admissible or submitted as evidence in any litigation in any forum
except as required by law for any purpose other than to secure enforcement of the terms and
conditions of this Agreement.

 

 

Charles I. Bortnick

April 12, 2006

Page 4

10.    The validity and construction of this Agreement shall be governed by the laws of the State of
New York, excluding the conflict of law principles thereof.

11.    The parties agree that any dispute, controversy or claim arising out of this Agreement, except
for injunctive or equitable relief Westwood shall be entitled to as set forth herein, shall be
finally settled by arbitration in New York, New York in accordance with the Commercial Arbitration
Rules of the American Arbitration Association in effect on the date of this Agreement and judgment
upon the award may be entered in any court having jurisdiction thereof.

12.    Except as otherwise set forth herein and covenants you agreed that survive the termination of
your employment, this Agreement sets forth the terms and conditions of your separation of
employment with Westwood, and supersedes any and all prior oral and written agreements between you
and Westwood, including your Employment Agreement. This agreement may not be altered, amended or
modified except by a further writing signed by you and Westwood.

13.    This Agreement may be executed in counterparts, including via facsimile copy, each of which
shall constitute an original, but all of which together shall constitute one agreement.

14.    The failure of any party to insist upon strict adherence to any term of this Agreement on any
occasion shall not be considered a waiver thereof or deprive that party of the right thereafter to
insist upon strict adherence to that term or any other term of the Agreement.

15.    If any of the provisions, terms or clauses of this Agreement are declared illegal,
unenforceable or ineffective in a legal forum, those provisions, terms and clauses shall be deemed
severable, such that all other provisions, terms and clauses of this Agreement shall remain valid
and binding upon the parties.

 

 

Charles I. Bortnick

April 12, 2006

Page 5

16.    You acknowledge that you have been offered at least twenty-one (21) days from the date you
received this Agreement within which to consider its terms; that you have been advised to consult
with an attorney regarding the terms of this Agreement and that you have done so to the extent you
desired. You further acknowledge that your signature below indicates that you are entering into
this Agreement freely, knowingly and voluntarily with a full understanding of its terms, including
the complete general release of all claims against Westwood and the Westwood Released Parties. The
terms of this Agreement shall not become effective or enforceable until seven (7) days following
the date of its execution by both parties (the “Effective Date”), during which time you may revoke
the Agreement by notifying Westwood in writing, by registered mail delivered to the attention of
the undersigned at 40 West 57th Street, 15th Floor, New York, NY 10019. You
acknowledge that you have been given ample opportunity to review this Agreement and have read it in
its entirety.

	 	 	 	 	 
	 	Very truly yours,

WESTWOOD ONE, INC.

 	 
	 	 	 
	 	 	 
	 	 	 
	 

	 	 	 	 	 	 	 
	Date:

	 	4/13/06
	 	By:
	 	/s/ Peter Kosann
	 

	 	 
	 	 	 	 
	 

	 	 	 	Name:  Peter Kosann
	 	 	 	 	Title: CEO, WW1

By signing this Agreement below, you agree to and accept the provisions contained herein. You
certify and acknowledge that you (i) have been advised to consult with an attorney about this
Agreement prior to executing same, (ii) have read the Agreement, (iii) understand its contents,
(iv) are voluntarily entering into this Agreement free from coercion or duress and (v) agree to be
bound by its terms.

	 	 	 	 	 	 	 
	Date:

	 	4/13/06
	 	 	 	/s/ Charles I. Bortnick
	 	 	 	 	 
	 	 	 	 	Charles I. Bortnick

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