Document:

exv4w1

Exhibit 4.1

THIRD SUPPLEMENTAL INDENTURE

     THIS THIRD SUPPLEMENTAL INDENTURE (this “Third Supplemental Indenture”), dated as of August
11, 2008, entered into by and among FTD, Inc., a Delaware corporation (the “Company”), FTD Group,
Inc., a Delaware corporation and the parent corporation of the Company ( “Parent”), the other
Guarantors listed on the signature page attached hereto, each a subsidiary of the Company (each a
"Guaranteeing Subsidiary”), and U.S. Bank National Association, as trustee under the Indenture
referred to below (the “Trustee”). Capitalized terms used herein and not otherwise defined shall
have the meaning ascribed to them in the Indenture.

W I T N E S S E T H:

     WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture, dated
as of February 6, 2004, among the Company, the Guaranteeing Subsidiaries party thereto and the
Trustee, as supplemented by a supplemental indenture, dated as of February 24, 2004, among the
Company, the Guaranteeing Subsidiaries party thereto and the Trustee, as further supplemented by a
second supplemental indenture, dated as of February 14, 2005, among the Company, the Guaranteeing
Subsidiaries party thereto, Parent and the Trustee (collectively, and as amended or supplemented
from time to time, the “Indenture”), providing for the issuance of (and pursuant to which the
Company has issued) $175,000,000 aggregate principal amount of the Company’s 7.75% Senior
Subordinated Notes due 2014 (the “Notes”);

     WHEREAS, Parent has entered into an Agreement and Plan of Merger, dated as of April 30, 2008,
as amended by the First Amendment thereto, dated as of July 16, 2008 (as so amended, and as it may
be further amended from time to time, the “Merger Agreement”), with United Online, Inc., a Delaware
corporation (“UOL”), and UNOLA Corp., a Delaware corporation and an indirect wholly owned
subsidiary of UOL (“Acquisition Corp.”), pursuant to which on the terms and conditions set forth
therein, UOL agreed to acquire Parent through a merger of Parent with Acquisition Corp., with
Parent surviving as a wholly owned subsidiary of UOL;

     WHEREAS, the Company has offered to purchase for cash any and all outstanding Notes (the
"Tender Offer”) pursuant to an Offer to Purchase and Consent Solicitation Statement dated July 28,
2008 (the “Statement”);

     WHEREAS, pursuant to the Tender Offer, the Company also has requested that Holders of the
Notes deliver their consents (the “Consents”) with respect to certain amendments and waivers to the
Indenture;

     WHEREAS, pursuant to Section 9.2 of the Indenture, the Company, the Guaranteeing Subsidiaries
and the Trustee may amend or supplement the Indenture, the Notes and any Guarantee, with the
consent of the Holders of a majority in aggregate principal amount of then outstanding Notes not
owned by the Company, or by any person directly or indirectly controlling or controlled by or under
direct or indirect common control with the Company (the “Outstanding Notes”), and, subject to
Sections 6.4 and 6.7 of the Indenture, any existing Default or Event of Default (other than a
Default or Event of Default in the payment of the principal of, premium, if any, or interest on the
Notes, except a Payment Default resulting from an acceleration that has been rescinded) or
compliance with any provision of the Indenture or the Notes may be waived with the consent of the
Holders of a majority in aggregate principal amount of the then Outstanding Notes;

     WHEREAS, the Holders of a majority of the Outstanding Notes have duly consented to the
proposed modifications and waivers set forth in this Third Supplemental Indenture in accordance
with Section 9.2 of the Indenture;

     WHEREAS, the Company has heretofore delivered or is delivering contemporaneously herewith to
the Trustee (i) a copy of resolutions of the Board of Directors of the Company authorizing the
execution of this Third Supplemental Indenture, (ii) evidence of the written consent of the Holders
set forth in the immediately preceding paragraph and (iii) the Officers’ Certificate and the
Opinion of Counsel described in Section 12.4 of the Indenture;

     WHEREAS, all conditions necessary to authorize the execution and delivery of this Third
Supplemental Indenture have been complied with or have been done or performed; and

1

 

     WHEREAS, this Third Supplemental Indenture is effective as of the date upon which the
conditions set forth in Section 3.01 hereof (subject to the proviso set forth therein) are
satisfied, and the amendments and waivers effected by this Third Supplemental Indenture will become
operative with respect to the Notes at the Consent Acceptance Time (as defined herein).

     NOW, THEREFORE, in consideration of the foregoing and notwithstanding any provision of the
Indenture which, absent this Third Supplemental Indenture, might operate to limit such action, the
parties hereto, intending to be legally bound hereby, agree as follows.

ARTICLE ONE

AMENDMENTS

     SECTION 1.01. Amendments.

     (a) Amendment of Article IV. Subject to Section 3.01 hereof, the Indenture is hereby amended
by deleting the following provisions and all references thereto: Sections 4.3, 4.4, 4.5, 4.7, 4.8,
4.9, 4.10, 4.11, 4.12, 4.13, 4.14, 4.15, 4.16, 4.17, 4.18, 4.19 and 4.20, in each case, in their
entireties.

     (b) Amendment of Section 5.1. Subject to Section 3.01 hereof, Section 5.1 of the Indenture is
hereby amended to read, in its entirety, as follows:

     “Section 5.1 MERGER, CONSOLIDATION OR SALE OF ASSETS

     Except for the Merger, the Company shall not consolidate with or merge with or into another
Person or, directly or indirectly, sell, lease, convey or transfer all or substantially all of the
Company’s assets (such amounts to be computed on a consolidated basis), whether in a single
transaction or a series of related transactions, to another Person or group of affiliated Persons
or adopt a plan of liquidation, unless either (a) the Company is the continuing entity or (b) the
resulting, surviving or transferee entity or, in the case of a plan of liquidation, the entity
which receives the greatest value from such plan of liquidation is a corporation organized under
the laws of the United States, any state thereof or the District of Columbia and expressly assumes
by supplemental indenture all of the Company’s obligations in connection with the Notes and this
Indenture.”

     (c) Amendment of Section 6.1. Subject to Section 3.01 hereof, Section 6.1 of the Indenture is
hereby amended to delete subsections (c) through (h), inclusive, thereof and all references
thereto, and subsection (b) thereof is hereby amended to read, in its entirety, as follows:

     “(b) the Company’s failure to pay all or any part of the principal, or premium, if any, on the
Notes when and as the same become due and payable at maturity, redemption, by acceleration or
otherwise.”

     (d) Amendment of Section 8.4. Subject to Section 3.01 hereof, Section 8.4 of the Indenture is
hereby amended to:

	 	(i)	 	delete subsection (c) thereof, replacing it with the phrase “Intentionally Omitted”;
	 
	 	(ii)	 	add at the beginning of subsections (f) and (g) thereof the
phrase “in the case of an election under Section 8.2 hereof,”; and
	 
	 	(iii)	 	modify subsection (a) thereof to delete the reference to “the
Company” therein and replace such reference with the words “any person.”

     (e) Effective as of the date hereof, none of the Company, Parent, the Guaranteeing
Subsidiaries or the Trustee or any Holder of Notes shall have any rights, obligations or
liabilities under such deleted Sections, Article or subsections, and such deleted Sections, Article
or subsections shall not be considered in determining whether a Default or Event of Default has
occurred or whether any of the Company, Parent or the Guaranteeing Subsidiaries has observed,
performed or complied with the provisions of the Indenture.

 

 

     SECTION 1.02. Amendment of Definitions. Subject to Section 3.01 hereof, the Indenture is
hereby amended by deleting any definitions from the Indenture with respect to which references
would be eliminated as a result of the amendments of the Indenture pursuant to Section 1.01 hereof.

ARTICLE TWO

WAIVERS

     SECTION 2.01. Waiver of Defaults. Effective as of the date hereof, any and all Defaults,
Events of Defaults and other defaults resulting from the consummation of the transactions
contemplated by the Merger Agreement, any transactions related thereto and any financing in
connection therewith are hereby waived.

ARTICLE THREE

MISCELLANEOUS

     SECTION 3.01. Effectiveness. This Third Supplemental Indenture supplements the Indenture
with respect to the Notes and shall be a part and subject to all of the terms thereof. Except as
supplemented hereby, the Indenture shall continue in full force and effect.

          This Third Supplemental Indenture shall take effect on the date that each of the following
conditions shall have been satisfied or waived:

     (a) each of the parties hereto shall have executed and delivered this Third Supplemental
Indenture; and

     (b) the Company shall have received written consent to these amendments and waivers from the
Holders of at least a majority in principal amount of the outstanding Notes;

     provided, however, that the amendments and waivers set forth in Sections 1.01, 1.02 and 2.01
of this Third Supplemental Indenture shall become operative only upon and simultaneously with, and
shall have no force and effect prior to, the “Consent Acceptance Time,” which is following the
Expiration Date (as defined in the Statement) and immediately prior to the Merger Effective Time
(as defined in the Statement);

     provided further, that if the Merger Effective Time does not occur within 3 business days
following the Expiration Date, this Third Supplemental Indenture shall be void ab initio, as if
such Third Supplemental Indenture never became effective.

     SECTION 3.02. GOVERNING LAW. THIS THIRD SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND
CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE TO
CONTRACTS MADE AND PERFORMED IN THE STATE OF NEW YORK, INCLUDING, WITHOUT LIMITATION, SECTIONS
5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW AND NEW YORK CIVIL PRACTICE LAWS AND
RULES 327(b).

     SECTION 3.03. No Representations by Trustee. The recitals contained herein shall be taken as
the statement of the Company, and the Trustee assumes no responsibility for the correctness or
completeness of the same.

     SECTION 3.04. Counterparts. This Third Supplemental Indenture may be executed in any number
of counterparts, each of which shall be an original; but such counterparts shall constitute but one
and the same instrument.

[signature pages follow]

 

 

     IN WITNESS WHEREOF, the parties hereto have caused this Third Supplemental Indenture to be
duly executed all as of the date hereof.

	 	 	 	 	 
	 	THE COMPANY:

FTD, INC.

 	 
	 	By:  	/S/ BECKY SHEEHAN
 	 
	 	 	Name:  	Becky Sheehan 	 
	 	 	Title:  	EVP and Chief Financial Officer 	 
	 

	 	 	 	 	 
	 	GUARANTEEING PARENT ENTITY:

FTD GROUP, INC.

 	 
	 	By:  	/S/ BECKY SHEEHAN
 	 
	 	 	Name:  	Becky Sheehan 	 
	 	 	Title:  	EVP and Chief Financial Officer 	 
	 

	 	 	 	 	 
	 	GUARANTEEING SUBSIDIARIES:

FLORISTS’ TRANSWORLD DELIVERY, INC.

 	 
	 	By:  	/S/ BECKY SHEEHAN
 	 
	 	 	Name:  	Becky Sheehan 	 
	 	 	Title:  	EVP and Chief Financial Officer 	 
	 

	 	 	 	 	 
	 	FTD.COM INC.

 	 
	 	By:  	/S/ BECKY SHEEHAN
 	 
	 	 	Name:  	Becky Sheehan 	 
	 	 	Title:  	EVP and Chief Financial Officer 	 
	 

	 	 	 	 	 
	 	FLOWERS USA, INC.

 	 
	 	By:  	/S/ JON R. BURNEY
 	 
	 	 	Name:  	Jon R. Burney 	 
	 	 	Title:  	Secretary 	 
	 

	 	 	 	 	 
	 	FTD HOLDINGS INCORPORATED

 	 
	 	By:  	/S/ JON R. BURNEY
 	 
	 	 	Name:  	Jon R. Burney 	 
	 	 	Title:  	Secretary 	 
	 

	 	 	 	 	 
	 	RENAISSANCE GREETING CARDS, INC.

 	 
	 	By:  	/S/ JON R. BURNEY
 	 
	 	 	Name:  	Jon R. Burney 	 
	 	 	Title:  	Secretary 	 
	 

 

 

	 	 	 	 	 
	 	VALUE NETWORK SERVICES, INC.

 	 
	 	By:  	/S/ JON R. BURNEY
 	 
	 	 	Name:  	Jon R. Burney 	 
	 	 	Title:  	Secretary 	 
	 

	 	 	 	 	 
	 	FTD INTERNATIONAL CORPORATION

 	 
	 	By:  	/S/ JON R. BURNEY
 	 
	 	 	Name:  	Jon R. Burney 	 
	 	 	Title:  	Secretary 	 
	 

	 	 	 	 	 
	 	THE TRUSTEE:

U.S. BANK NATIONAL ASSOCIATION

 	 
	 	By:  	/S/ RAYMOND S. HAVERSTOCK
 	 
	 	 	Name:  	Raymond S. Haverstock	 
	 	 	Title:  	
Vice Presidentexv10w24

Exhibit 10.24

			
	DATE:	 	May 28, 2008

			
	PARTIES:	 	Rockwell Medical Technologies, Inc. (the “Company”)

30142 Wixom Road

Wixom, MI 48393 USA

Capitol Securities Management, Inc. (the “Advisor”)

7918 Jones Branch Dr., Ste 800

McLean,VA 22102

RECITALS:

     WHEREAS, the Company wishes to engage the Advisor to perform certain investor relations
services.

     WHEREAS, the Advisor declares that it is engaged in an independent business or employed by a
party other than the Company and that the Company is not the Advisor’s sole and only client,
customer or employer.

     WHEREAS, the parties hereto wish to enter into a Client-Independent Advisory / Contractor
relationship for their mutual benefit, and further wish to set forth the terms of such association
herein..

AGREEMENTS:

     NOW, THEREFORE, in consideration of the foregoing representations and the mutual covenants set
forth herein, and other good and valuable consideration, the receipt and sufficiency of which is
acknowledged, the Company and the Advisor agree as follows:

	 	1.	 	Services to be Performed . The Company hereby engages the Advisor to advise and
perform work for the Company consisting of exposing the Company to the equity investment
community, which includes but is not limited to: analysts, money managers, institutional
investors, stock-brokers, mutual funds, broker-dealers, wire-houses, newspapers, television,
and trade publications. If Company desires Advisor to perform any services in addition to
those described above, the terms and conditions relating to such services will be mutually
agreed upon by the parties. The Company acknowledges that: (a) Advisor is not obligated to
devote any specific amount of time to providing advice and consultation to the Company
except as agreed from time to time by the parties hereto; (b) The scope of work hereunder
does not include tax, legal, regulatory, accounting or other technical advice, and (c) the
Advisor is being retained solely for the Company’s benefit and not for any third party,
including the Company’s shareholders.

	 	2.	 	Fees, Terms of Payment and Warrant .

The Company agrees as compensation to issue to the Advisor 100,000 cashless Common Stock Purchase
Warrants (“Warrants”) for services rendered over a 12 month period commencing with the date of this
Agreement. The terms and conditions of the Warrants will be set forth in a separate agreement
containing the terms and conditions set forth in this paragraph and such other terms and conditions
as are mutually acceptable to the Company and the Advisor. The Warrants will become earned upon
execution of this Agreement and will have an exercise price of $9.00 per share. The Warrants will
expire at the earlier of (i) the close of business on the fourth anniversary of the execution date
of this Agreement, or (ii) the termination of this Agreement prior to the one year anniversary of
the date of this Agreement (A) by the Company due to a material breach of this Agreement by Advisor
or (B) by Advisor. A “material breach” would be either (1) a failure to perform, in a commercially
reasonable manner, the services required or to be required under paragraph 1 of this agreement; or
(2) a breach of any of the representations in paragraph 5 of this agreement. Warrants will become
exercisable on the first anniversary of the date of this Agreement and may be exercised in whole or
in part at any time until their expiration by the submission of an exercise notice in the form to
be attached as an exhibit to the Warrant agreement. The Company will

1

 

use reasonable commercial efforts to register, under the Securities Act of 1933, the shares to be
issued upon exercise of the Warrants, at its discretion, in one or more of the following ways: (i)
for resale by Advisor, following issuance of the shares to be registered, either on a separate
registration statement filed for that purpose or as part of another registration statement that the
Company may file, provided that the Company shall not be required at any time to file a
registration statement for less than 30,000 shares issued upon exercise of Warrants; or (ii) prior
to exercise of the Warrants by Advisor if the Company determines, in its sole discretion, that it
is then eligible to use a Form S-3 registration statement for such registration. Determination of
compliance with registration requirements under Federal and State securities laws will be at the
sole discretion of the Company. To the extent the shares issuable upon exercise are not registered
prior to issuance, they will bear a legend restricting transfer. The Warrants will not be
transferable, other than to an affiliate (as defined in Rule 405 under the Securities Act of 1933,
as amended) of the Advisor (so long as such affiliate is an “accredited investor” as defined below
and agrees to be bound by the terms and provisions of this Agreement and the Warrant agreement as
if, and to the fullest extent as, the Advisor, and will bear a legend to that effect. The Company
reasonably believes that all information it provides to Advisor is accurate and complete in all
material respects. Company acknowledges that Advisor shall be entitled to rely on all such
information and materials.

	 	3.	 	Instrumentalities . The Advisor shall supply all equipment, tools, materials
and supplies to accomplish the designated jobs or services set forth in Paragraph 1, except
if approved by the Company.
	 
	 	4.	 	Expenses . The Company shall not be responsible or liable for any expenses
incurred by the Advisor in performing any jobs or services under this Agreement, except
accountable out-of-pocket expenses of Advisor related to the engagement and approved by the
Company.
	 
	 	5.	 	The Advisor’s Status . This Agreement is not intended to, does not constitute
and shall not be construed as a hiring by either party. The parties hereto are and shall
remain independent contractors. The Advisor retains the sole and exclusive right to control
or direct the manner or means by which the jobs or services described herein are to be
performed. The Company retains only the right to control the results to insure their
conformity with that specified herein.
	 
	 	 	 	The Advisor shall comply with all federal, state and local laws, and rules and regulations
that are now or may in the future become applicable to the Advisor, its business, equipment
and personnel engaged in accomplishing the jobs or services provided under this Agreement
or arising out of the performance of this Agreement.
	 
	 	 	 	Advisor represents that it is an “accredited investor” as defined in Rule 501 of Regulation
D promulgated under the Securities Act of 1933 and was not organized for the purpose of
acquiring the Warrants or the underlying shares. Advisor’s financial condition is such that
it is able to bear the risk of holding the Warrants and the shares underlying the Warrants
for an indefinite period of time. Advisor has sufficient knowledge and experience in
investing in companies similar to the Company so as to be able to evaluate the risks and
merits of its investment in the Company and has so evaluated the risks and merits of such
investment. Advisor understands that an investment in the Warrants and the shares
underlying the Warrants involves a significant degree of risk, including a risk of total
loss of Advisor’s investment, and understands the risk factors included, or that may be
included in the future, in the Company’s periodic reports filed from time to time with the
Securities and Exchange Commission. Advisor is acquiring the Warrants and the shares
underlying the Warrants for its own account for investment and not for resale or with a
view to distribution thereof in violation of the Securities Act of 1933.
	 
	 	6.	 	Payroll or Employment Taxes . The Advisor will not be treated as an employee
for federal, state or local tax purposes or for any other purpose. No payroll or employment
taxes of any kind shall be withheld or paid with respect to payments to the Advisor,
including but not limited to FICA, FUTA, federal personal income tax, state personal income
tax, state disability insurance tax, and state unemployment insurance tax. The Advisor agrees
that it is responsible for making all filings with and payments to the Internal Revenue
Service and state and local taxing authorities as are appropriate to its status as an
Advisor.
	 
	 	7.	 	Workers’ Compensation, Unemployment Compensation, Benefits . No workers’
compensation insurance has been or will be obtained by the Company for the Advisor. The
Advisor understands that he is not entitled to unemployment compensation benefits or any
other benefits normally afforded to any employee of the Company, due to his status as an
Advisor.

2

 

	 	8.	 	Indemnification. Except as otherwise provided in paragraph 4 above, the
Company agrees to indemnify, defend and hold the Advisor, its affiliates, control persons,
officers, directors, employees and agents (collectively, the “Indemnified Persons”) harmless
from and against all losses, claims, damages, liabilities, costs or expenses (including
reasonable attorneys’ fees and disbursements) arising out of the services rendered pursuant
to this Agreement, whether or not the Advisor is a party to such dispute. This indemnity
shall not apply, however, where a court of competent jurisdiction has made a final
non-appealable determination that the Advisor was grossly negligent or engaged in willful
misconduct in the performance of its services hereunder, which directly gave rise to the
loss, claim, damage, liability, cost or expense sought to be recovered hereunder. Promptly
after receipt by an Indemnified Party of notice of the occurrence of the commencement of any
action or proceeding in respect of which indemnity may be sought against the Company, such
Indemnified Party will notify the Company in writing of the commencement thereof, and the
Company shall be entitled to immediately assume the defense thereof. If the defense is
assumed by the Company, it shall have no further obligation to indemnify the Indemnified
Persons for attorneys’ fees and disbursements). The reimbursement, indemnity and
contribution obligations of the Company under this paragraph shall be in addition to any
liability which the Company may otherwise have and shall be binding upon and inure to the
benefit of any successors, assigns, heirs and personal representatives of the Company, the
Advisor and any other Indemnified Person.
	 
	 	9.	 	Termination . The consulting arrangement provided herein may be terminated by
either party upon 30 days notice. Following termination, neither party shall have any
continuing liability or obligations hereunder; provided, the terms of section 8 shall survive
any termination hereof.
	 
	 	10.	 	Law Governing Contract . This Agreement and all questions arising in
connection with it shall be governed by the laws of the State of Michigan.
	 
	 	11.	 	Entire Agreement. This Agreement states the entire Agreement of the parties,
and merges all prior
negotiations, agreements and understandings, if any, except for any confidentiality
agreements between the parties. No modification, release, discharge or waiver of any
provision hereof shall be of any force or effect unless made in writing and signed by the
parties hereto. This Agreement shall inure to the benefit of and be binding upon the
parties hereto and their representative laws, personal representatives, successors and
assigns, provided that neither party may assign the Agreement without the other party’s
prior written consent.

IN WITNESS WHEREOF, the parties have executed this Agreement and caused it to be dated as of the
day and year first written above.

	 	 	 	 	 
	 	“COMPANY”

Rockwell Medical Technologies, Inc.

 	 
	 	By  	/s/ Robert L. Chioini
 	 
	 	 	Its: Chairman/CEO/President 	 
	 	 	 	 
	 
	 	“ADVISOR”

Capitol Securities Management, Inc.

 	 
	 	By  	/s/ G. Mark Hamby
 	 
	 	 	Its: President 	 
	 	 	 	 

3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}]]