Document:

exv4w3

Exhibit 4.3

SUPPLEMENTAL INDENTURE

     SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of December 30, 2008, among
RIP, Inc., a Florida corporation (a “Guaranteeing Subsidiary”), a subsidiary of Waste Services,
Inc. (or its permitted successor), a Delaware corporation (the “Company”), the Company, the other
Guarantors (as defined in the Indenture referred to herein) party to the Indenture on the date
hereof and Wells Fargo Bank, 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 April 30, 2004, providing for the issuance of 91/2% Senior Subordinated
Notes due 2014 (the “Notes”);

     WHEREAS, the Indenture provides that under certain circumstances each Guaranteeing Subsidiary
shall execute and deliver to the Trustee a supplemental indenture pursuant to which each
Guaranteeing Subsidiary shall unconditionally guarantee all of the Company’s Obligations under the
Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and

     WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and
deliver this Supplemental Indenture;

     NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, each Guaranteeing Subsidiary 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 Guaranteeing Subsidiary hereby agrees to provide an
unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee
and in the Indenture including but not limited to Article 11 thereof.

     3. No Recourse Against Others. No past, present or future director, officer,
employee, incorporator, stockholder or agent of each Guaranteeing Subsidiary, as such, shall have
any liability for any obligations of the Company or any Guarantor (including each Guaranteeing
Subsidiary) under the Notes, any Note Guarantees, the Indenture or this Supplemental Indenture, as
applicable, 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.
This waiver and release are part of the consideration for issuance of the Notes. Such waiver may
not be effective to waive liabilities under the federal securities laws and it is the view of the
SEC that such a waiver is against public policy.

     4. NEW YORK LAW TO GOVERN. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK.

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

 

 

     6. Effect of Headings. The Section headings herein are for convenience only and shall
not affect the construction hereof.

     7. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or
in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of
the recitals contained herein, all of which recitals are made solely by each Guaranteeing
Subsidiary and the Company.

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

	 	 	 	 	 
	 	RIP, INC.

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	WASTE SERVICES, INC.

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Executive Vice President, General Counsel
and Secretary 	 
	 

	 	 	 	 	 
	 	WASTE SERVICES OF FLORIDA, INC.

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	SUN COUNTRY MATERIALS, LLC

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Vice President and Secretary 	 
	 

	 	 	 	 	 

Page 2 of 4

 

	 	 	 	 	 
	 	FREEDOM RECYCLING HOLDINGS, LLC

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	TAFT RECYCLING, INC.

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	SLD LANDFILL, INC.

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	SANFORD RECYCLING AND TRANSFER, INC.

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	OMNI WASTE OF OSCEOLA COUNTY LLC

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Manager 	 

Page 3 of 4

 

	 	 	 	 	 

	 	 	 	 	 
	 	WASTE SERVICES OF ARIZONA, INC.

 	 
	 	By:  	/s/ Ivan R. Cairns
 	 
	 	 	Ivan R. Cairns 	 
	 	 	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Trustee

 	 
	 	By:  	/s/ Martin Reed
 	 
	 	 	Name:  	Martin Reed 	 
	 	 	Title:  	Vice President 	 
	 

Page 4 of 4exv10w1

Exhibit 10.1

This separation agreement dated August 23, 2007 by and between Waste Services, Inc. (the “Company”)
and Charles A. Wilcox (the “Executive”):

The company and the Executive are parties to an Executive Employment Agreement, Confidentiality
Agreement and Proprietary Rights Agreement and Indemnification Agreement, each dated June 23, 2004.

The parties hereto agree as follows:

1. The Executive shall cease to be President and Chief Operating Officer of the Company effective
upon the execution of this agreement. However, the Executive shall continue to receive the
compensation and benefits provided for in the Executive Employment Agreement until December 31,
2007. In addition, the Executive shall receive 100% of the target bonus for 2007 ($450,000),
payable at such time as bonuses for 2007 are paid to other executive officers of the Company (on or
about March 2008).

2. Commencing on January 1, 2008, Executive shall receive the compensation and benefits provided
for in Section 6(f) of the Executive Employment Agreement. For greater certainty, the Bonus
Average shall be the Target Bonus as defined in the Executive Employment Agreement. This shall
consist of $900,000 per annum payable from January 1, 2008 until December 31, 2010, payable on the
regular salary payment dates of other Company senior executives. Executive shall, during the
period set forth in Section 6(f), continue to receive all of the medical, dental and welfare
benefits and perquisites as presently provided to him.

3. During the period that Executive receives compensation pursuant to this agreement, Executive
agrees to consult with the Chief Executive Officer of the Company on significant matters as may be
determined by the Chief Executive Officer, provided that such consultations shall be only by
telephone and shall require not more than one hour in any month.

4. Executive has been granted options to purchase shares of common stock on the Company.
Notwithstanding the provisions of the Executive Employment Agreement, these options shall remain
exercisable for the full five year period from their date of grant.

5. For purposes of the restrictive covenants contained in Section 8 of the Executive Employment
Agreement, the area to which the restrictive covenant shall apply shall be limited to Canada and
the State of Florida.

 

 

6. On December 31, 2007, Executive shall execute and deliver to the Company the release in the form
attached as Exhibit A.

7. Except as set forth herein, the agreements of June 23, 2004, including the Indemnification
Agreement, shall remain in full force and effect and unamended.

	 	 	 	 	 
	 	 
	/s/ David Sutherland-Yoest
 	 
	Waste Services, Inc. 	 
	 	 
	 

	 	 	 	 	 
	 	 
	/s/ Charles A. Wilcox
 	 
	Charles A. Wilcox 	 
	 	 

 

 

	 	 	 	 	 

RELEASE

For the good and valuable consideration as set out in the separation agreement between WASTE
SERVICES, INC. and Charles A. Wilcox, dated August 23, 2007, the receipt and sufficiency of all of
which is hereby acknowledged, Charles A. Wilcox (hereinafter referred to as the “Releasor”), DOES
HEREBY RELEASE AND FOREVER DISCHARGE, and by these presents does for himself, his marital community
and their respective heirs, successors and/or assigns, release and forever discharge WASTE
SERVICES, INC. and its affiliates, divisions, subsidiaries, predecessors, successors, assigns,
agents, servants, employees, officers and directors, (hereinafter referred to collectively as the
“Released Entities”) of and from any and all rights, claims, obligations, demands, actions, causes
of action of every kind, damages, penalties, fees, costs, expenses and liability of any nature
whatsoever which the Releasor has, had or may have had against the Released Entities or any or all
of them in connection with any cause or matter whatsoever, whether known or unknown to the Releasor
or any of the Released Entities at the time of execution of this Release and existing from the
beginning of time to the date of this Release and including, without limitation, all matters
related to the employment of the Releasor by Waste Services, Inc. and/or the termination of his/her
employment. By signing this Release, Releasor agrees to FULLY WAIVE AND RELEASE ALL CLAIMS,
including without limitation, attorneys’ fees, all claims arising out of or relating to his/her
employment or termination from employment with Waste Services, Inc.

This RELEASE may be used to completely bar any action or suit before any court, arbitral or
administrative body with respect to any claim under federal, state, local or other law relating to
this RELEASE or the employment and/or termination of employment of the Releasor with Waste
Services, Inc. or any of the Released Entities.

Notwithstanding the foregoing, nothing in this release shall prevent the Releasor from
enforcing the provisions of the Separation Agreement dated August 23, 2007, by and between Waste
Services, Inc. and the Releasor (including without limitation the Indemnification Agreement
referred to therein).

IN WITNESS WHEREOF the Releasor has hereunto set his hand and seal this 10th day of
September, 2007.

	 	 	 	 	 	 	 
	SIGNED, SEALED & DELIVERED

	 	 	)	 	 	 
	In the presents of

	 	 	)	 	 	 
	 

	 	 	)	 	 	 
	 

	 	 	)	 	 	 
	 

	 	 	)	 	 	     /s/ Charles A. Wilcox                    
	 

Witness

	 	 	)	 	 	 
	 

	 	 	)	 	 	 
	 

Address

	 	 	)

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