Document:

Third Supplemental Indenture

    Exhibit
      4.1

     

     

     

     

     

    COMFORCE
      OPERATING, INC.

     

    as
      Issuer,

     

    and

     

    WILMINGTON
      TRUST COMPANY,

     

    as
      Trustee

     

    THIRD
      SUPPLEMENTAL INDENTURE

     

    Dated
      as
      of June 30, 2006

     

     

     

    
 

    12%
      Senior Notes Due 2007, Series A 

    12%
      Senior Notes Due 2007, Series B

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    THIRD
      SUPPLEMENTAL INDENTURE, dated as of June 30, 2006 (the “Supplemental
      Indenture”), between COMFORCE Operating, Inc., a Delaware corporation (together
      with its successors, the “Company”), and Wilmington Trust Company, as Trustee
      (the “Trustee”), under
      an
      Indenture dated as of November 26, 1997, as previously supplemented by the
      First
      Supplemental Indenture dated as of November 29, 2000 and the Second Supplemental
      Indenture dated as of December 4, 2000 (as supplemented, the “Indenture”) with
      respect to the
      12%
      Senior Notes due 2007 of the Company (the “Securities”).

     

    Section
      9.2(a) of the Indenture provides that, with the consent of the Holders of
      at
      least a
      majority in outstanding principal amount of the Securities, voting as a single
      class, the Company and the Trustee may amend the Indenture or the Securities,
      unless such amendment would, absent approval of the Holders of 100% of the
      principal amount of the Securities, be proscribed by subsections 1 through
      11 of
      Section 9.2(a). The Company and the Trustee are executing this Supplemental
      Indenture to amend Section 9.4 of the Indenture to provide for the
      irrevocability, for up to 60 days, of consents and waivers received by the
      Company from Holders (so as to enable the Company to complete any solicitation
      of consents or waivers on an orderly basis), which amendment is not proscribed
      by subsections 1 through 11 of Section 9.2(a).

     

     

    ARTICLE
      I

    AMENDMENTS

     

    Section
      1.01. Amendment
      of Section 9.4 of the Indenture.

     

    The
      second sentence of Section 9.4 of the Indenture is hereby amended
      and restated as follows:

     

    However,
      any such Holder or subsequent Holder may revoke the consent or waiver as to
      such
      Holder’s security or portion of Security if the Trustee, directly or though any
      agent or depositary of the Company or the Trustee, receives the notice of
      revocation before the amendment or waiver becomes effective, unless the consent
      or waiver is by its terms irrevocable and has been received by the Trustee,
      directly or though any agent or depositary of the Company or the Trustee, more
      than 60 days prior to the date the amendment or waiver becomes
      effective.

     

     

    ARTICLE
      II

    MISCELLANEOUS

     

    Section
      2.01. Definitions.
      All
      terms used in this Supplemental Indenture have the meanings specified in the
      Indenture unless otherwise defined herein or unless the context otherwise
      specifies or requires.

     

    Section
      2.02. Successors
      and Assigns.
      All the
      covenants and agreements by the Company
      contained in this Supplemental Indenture shall bind its successors and
      assigns.
      All
      agreements of the Trustee contained in this Supplemental Indenture binds its
      successors.

     

    Section
      2.03. Execution
      in Counterparts.
      This
      Supplemental Indenture may be executed in any number of counterparts, each
      of
      which when so executed shall be deemed
      to

     

     

    
      
        
        

      

      
        
        

        
          

        

      

       

      be
        an
        original, but all of which counterparts shall together constitute one
        and
        the same
        instrument.

    

     

    Section
      2.04 Governing
      Law.
      This
      Supplemental Indenture shall be governed by, and construed in accordance with,
      the laws of the State of New York, but without giving
      effect to applicable principles of conflicts of laws to the extent that the
      application
      of the
      laws of another jurisdiction would be required thereby.

     

    Section
      2.05 Ratification.
      The
      Indenture, as hereby amended and supplemented, is ratified and confirmed in
      all
      respects. From and after the date hereof, the Third Supplemental Indenture
      shall
      form a part of the Indenture for all purposes, and every Holder of Securities
      heretofore or hereafter authenticated and delivered shall be bound hereby.
      All
      recitations or recitals contained in this Third Supplemental Indenture are
      made
      by and on behalf of the Company only, and the Trustee is in no way responsible
      for the correctness of any statement herein contained or for the validity or
      sufficiency of this Third Supplemental Indenture. The execution by the Trustee
      of this Third Supplemental Indenture shall not be construed to be an approval
      or
      disapproval by the Trustee of the advisability of the action being taken herein
      by Company. All the provisions of the Indenture with respect to the rights,
      privileges, immunities, powers and duties of the Trustee shall be applicable
      in
      respect hereof as fully and with like effect as if set forth herein in full
      with
      such omissions, variations or insertions, if any, as may be appropriate to
      make
      the same conform to this Third Supplemental Indenture.

     

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

     

    COMFORCE
      Operating, Inc.

     

    By:_____________________________________

     

    Name:___________________________________

     

    Title:____________________________________

     

    Wilmington
      Trust Company, as Trustee

     

    By:_____________________________________

     

    Name:___________________________________

     

    Title:____________________________________Fourth Supplemental Indenture

    Exhibit
      4.2

    

     

     

     

     

    COMFORCE
      OPERATING, INC.

     

    as
      Issuer,

     

    and

     

    WILMINGTON
      TRUST COMPANY,

     

    as
      Trustee

     

    FOURTH
      SUPPLEMENTAL INDENTURE

     

    Dated
      as
      of August 16, 2006

     

     

     

     

    

    12%
      Senior Notes Due 2007, Series A

    12%
      Senior Notes Due 2007, Series B

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    FOURTH
      SUPPLEMENTAL INDENTURE, dated as of August 16, 2006 (this “Fourth Supplemental
      Indenture”), between COMFORCE Operating, Inc., a Delaware corporation (together
      with its successors, the “Company”), and Wilmington Trust Company, as Trustee
      (the “Trustee”), under
      an
      Indenture dated as of November 26, 1997, as previously supplemented by the
      First
      Supplemental Indenture dated as of November 29, 2000, the Second Supplemental
      Indenture dated as of December 4, 2000 and the Third Supplemental Indenture
      dated as of June 30, 2006 (as supplemented, the “Indenture”) with respect to
      the
      12%
      Senior Notes due 2007 of the Company (the “Securities”).

    

    Section
      9.2(a)(3) of the Indenture provides that, with the consent of the Holders of
      100% in
      outstanding principal amount of the Securities, voting as a single class, the
      Company and the Trustee may amend the Indenture and the Securities to extend
      the
      Stated Maturity Date. The holders of 100% of outstanding principal amount of
      the
      Securities have approved Proposal No. 2 under the Consent Solicitation Statement
      dated June 19, 2006 of the Company, as supplemented by the Supplement dated
      June
      30, 2006, under which such holders have consented to the extension of the Stated
      Maturity to December 1, 2010, subject to call protection of 103% of the
      outstanding principal amount of the Securities through November 30, 2007, 102%
      for the 12-month period ending November 30, 2008, 101% for the 12-month period
      ending November 30, 2009, and at par thereafter. The Company and the Trustee
      are
      executing this Fourth Supplemental Indenture to amend the Indenture to give
      effect to the holders’ approval of such proposal.

     

     

    ARTICLE
      I

    AMENDMENTS

     

    Section
      1.01. References
      to “12% Senior Notes due 2007.”

     

    All
      references in the Indenture, the Securities and the forms of Securities included
      as Exhibits A and B to the Indenture to “12% Senior Notes due 2007” shall be
      changed to “12% Senior Notes due 2010” including the references (i) in the
      second grammatical paragraph of the preamble to the Indenture (two references);
      (ii) in Section 1.1, under the definitions of “Additional
      Exchange Securities” and “Exchange Securities”; (iii) in the heading (front of
      security) in the forms of Security included as Exhibits A and B to the
      Indenture; and (iv) in the heading (reverse of security) in the forms of
      Security included as Exhibits A and B to the Indenture.

     

    Section
      1.02. References
      to “December 1, 2007.”

     

    All
      references in the Indenture, the Securities and the forms of Securities included
      as Exhibits A and B to the Indenture to “December 1, 2007” shall be changed to
“December 1, 2010” including (i) in Section 1.1, under the definition of
“Maturity
      Date”; and (ii) in the first sentence of the preamble in the forms of Security
      included as Exhibits A and B to the Indenture.

     

    Section
      1.03. Optional
      Redemption (Call Protection).

     

    Section
      5(a) of the forms
      of
      Securities included as Exhibits A and B to the Indenture is restated in its
      entirety to read as follows:

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    5.
      (a)
Optional
      Redemption.
      The
      Securities will be redeemable, at the Company’s option, in whole or in part, at
      any time upon not less than 30 nor more than 60 days’ prior notice mailed by
      first-class mail to each holder’s registered address, at the following
      redemption prices (expressed in percentages of principal amount), if redeemed
      during the period set forth in the table below, plus accrued and unpaid interest
      to the redemption date (subject to the right of holders of record on the
      relevant record date to receive interest due on the relevant interest payment
      date):

    

    
      	 	
              Period

            	 	
              Redemption
                Price

            	 
	 	 	 	 	 
	 	
              August
                16, 2006 through November 30, 2007

            	 	
              103.000%

            	 
	 	
              December
                1, 2007 through November 30, 2008

            	 	
              102.000%

            	 
	 	
              December
                1, 2008 through November 30, 2009

            	 	
              101.000%

            	 
	 	
              December
                1, 2009 and thereafter

            	 	
              100.000%

            	 

    

     

    
 

    ARTICLE
      II

    MISCELLANEOUS

     

    Section
      2.01. Definitions.
      All
      terms used in this Fourth Supplemental Indenture have the meanings specified
      in
      the Indenture unless otherwise defined herein or unless the context otherwise
      specifies or requires.

     

    Section
      2.02. Successors
      and Assigns.
      All the
      covenants and agreements by the Company
      contained in this Fourth Supplemental Indenture shall bind its successors and
      assigns.
      All
      agreements of the Trustee contained in this Fourth Supplemental Indenture binds
      its successors.

     

    Section
      2.03. Execution
      in Counterparts.
      This
      Fourth Supplemental Indenture may be executed in any number of counterparts,
      each of which when so executed shall be deemed
      to
      be an original, but all of which counterparts shall together constitute one
      and
      the same
      instrument.

     

    Section
      2.04 Governing
      Law.
      This
      Fourth Supplemental Indenture shall be governed by, and construed in accordance
      with, the laws of the State of New York, but without giving
      effect to applicable principles of conflicts of laws to the extent that the
      application
      of the
      laws of another jurisdiction would be required thereby.

     

    Section
      2.05 Ratification.
      The
      Indenture, as hereby amended and supplemented, is ratified and confirmed in
      all
      respects. From and after the date hereof, this Fourth Supplemental Indenture
      shall form a part of the Indenture for all purposes, and every Holder of
      Securities heretofore or hereafter authenticated and delivered shall be bound
      hereby. All recitations or recitals contained in this Fourth Supplemental
      Indenture are made by and on behalf of the Company only, and the Trustee is
      in
      no way responsible for the correctness of 

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

      any
        statement herein contained or for the validity or sufficiency of this Fourth
        Supplemental Indenture. The execution by the Trustee of this Fourth Supplemental
        Indenture shall not be construed to be an approval or disapproval by the
        Trustee
        of the advisability of the action being taken herein by Company. All the
        provisions of the Indenture with respect to the rights, privileges, immunities,
        powers and duties of the Trustee shall be applicable in respect hereof as
        fully
        and with like effect as if set forth herein in full with such omissions,
        variations or insertions, if any, as may be appropriate to make the same
        conform
        to this Fourth Supplemental Indenture.

    

     

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

     

    COMFORCE
      Operating, Inc.

     

    By:_____________________________________

     

    Name:___________________________________

     

    Title:____________________________________

     

    Wilmington
      Trust Company, as Trustee 

     

    By:_____________________________________

     

    Name:___________________________________

     

    Title:____________________________________

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00109-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00109-of-00352.parquet"}]]