Document:

Fourth Supplemental Indenture

     

    
      

      

    

    
 

    

     

    BERRY
      PLASTICS CORPORATION,

     

    THE
      NOTE
      GUARANTORS PARTY HERETO

    AND

     

    U.S.
      BANK
      TRUST NATIONAL ASSOCIATION

     

    as
      Trustee

    _____________________

     

    FOURTH
      SUPPLEMENTAL INDENTURE

     

    Dated
      as
      of September 5, 2006

     

    _____________________

     

    10
3⁄4%
      Senior Subordinated Notes due 2012

    _____________________

     

     

    Supplement
      to Indenture Dated as of July 22, 2002

    

     

    

    

    
      

      

    

     

    
      
        
          

          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    FOURTH
      SUPPLEMENTAL INDENTURE, dated as of September 5, 2006 (this “Supplemental
      Indenture”),
      among
      BERRY PLASTICS CORPORATION, a Delaware corporation (the “Company”),
      the
      Note Guarantors (as defined in the Indenture) party to the Indenture (the
“Note
      Guarantors”),
      and
      U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as trustee
      (the “Trustee”). 

     

    RECITALS

     

    WHEREAS,
      the Company, the Note Guarantors and the Trustee have entered into that
      Indenture, dated as of July 22, 2002, as supplemented by the Supplemental
      Indenture, dated as of August 6, 2002, the Second Supplemental Indenture, dated
      as of November 20, 2003 and the Third Supplemental Indenture, dated as of July
      24, 2006 (as so supplemented, the “Indenture”),
      providing for the issuance of 10 3⁄4% Senior Subordinated Notes due 2012 (the
“Notes”);

     

    WHEREAS,
      Section 9.02 of the Indenture provides that the Company, the Note Guarantors
      and
      the Trustee may amend the Indenture or the Notes without notice to any Holder
      but with the written consent of the Holders of at least a majority in principal
      amount of the Notes then outstanding (including consents obtained in connection
      with a tender offer or exchange for the Notes);

     

    WHEREAS,
      the Company has distributed an Offer to Purchase and Consent Solicitation
      Statement, dated as of July 25, 2006 (the “Solicitation
      Statement”),
      and
      accompanying Consent and Letter of Transmittal, dated as of July 25, 2006,
      to
      the Holders of the Notes in connection with certain proposed amendments to
      the
      Indenture as described in the Solicitation Statement (the “Proposed
      Amendments”);

     

    WHEREAS,
      the Holders of at least a majority in principal amount of the Notes outstanding
      have duly consented to the Proposed Amendments; and

     

    WHEREAS,
      the execution and delivery of this Supplemental Indenture have been duly
      authorized by all necessary corporate actions on the part of the Company and
      the
      Note Guarantors and all conditions and requirements necessary to make this
      instrument a valid and binding agreement have been duly performed and complied
      with.

     

    NOW
      THEREFORE, in consideration of the foregoing and for other good and valuable
      consideration, the receipt and sufficiency of which is hereby acknowledged,
      the
      Company, the Note Guarantors and the Trustee mutually covenant and agree, for
      the equal and ratable benefit of the Holders of the Notes, as follows:

     

    Article
      I.

    DEFINITIONS

    

    Section
      1.01. Definitions.
      Unless
      otherwise indicated, capitalized terms used but not defined herein shall have
      the meanings given to them in the Indenture.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Article
      II.

    AMENDMENTS

    

    Section
      2.01. Amendments
      to the Definitions in the Original Indenture and the Notes.
      Effective as of the Amendment Effective Time, any definitions used exclusively
      in the provisions of the Indenture or the Notes that are deleted as described
      in
      this Article II, and any definitions used exclusively within such definitions,
      are hereby deleted in their entirety from the Indenture, and all references
      in
      the Indenture or the Notes to paragraphs, Sections, Articles or other terms
      or
      provisions of the Indenture that have been otherwise deleted pursuant to this
      Indenture are hereby deleted in their entirety or revised to conform
      herewith.

    

    Section
      2.02. Amendments
      to Article 4—Covenants.
      

    

    
      	 	
              (a)

            	
              Effective
                as of the Amendment Effective Time, the following Sections of the
                Indenture, and any corresponding provisions in the Notes, are hereby
                deleted in their entirety and replaced with “Intentionally Omitted.”:
                

            

    

    

    
      	
              Existing
                Section Number

            	
              Caption

            
	
              Section
                4.02

            	
              SEC
                Reports

            
	
              Section
                4.03

            	
              Limitation
                of Indebtedness

            
	
              Section
                4.04

            	
              Limitation
                on Restricted Payments

            
	
              Section
                4.05

            	
              Limitation
                on Restrictions on Distributions from

              Restricted
                Subsidiaries

            
	
              Section
                4.06

            	
              Limitation
                on Sales of Assets and Subsidiary Stock

            
	
              Section
                4.07

            	
              Limitation
                on Transactions with Affiliates

            
	
              Section
                4.08

            	
              Change
                of Control

            
	
              Section
                4.10

            	
              Further
                Instruments and Acts

            

    

    

    
      	 	
              (b)

            	
              Effective
                as of the Amendment Effective Time, the first sentence of Section
                4.11(a)
                of the Indenture is hereby deleted in its
                entirety.

            

    

    

    Section
      2.03. Amendments
      to Article 5—Successor Company

    

    
      	 	
              (a)

            	
              Effective
                as of the Amendment Effective Time, each of clauses (ii), (iii) and
                (iv)
                of paragraph (a) of Section 5.01 of the Indenture is hereby deleted
                in its
                entirety and replaced with “[Intentionally Omitted]”.
                

            

    

    

    
      	 	
              (b)

            	
              Effective
                as of the Amendment Effective Time, each of clauses (ii) and (iii)
                of
                paragraph (b) of Section 5.01 of the Indenture is hereby deleted
                in its
                entirety and replaced with “[Intentionally
                Omitted]”.

            

    

     

    Section
      2.04. Amendments
      to Article 6—Events of Default.
      Effective as of the Amendment Effective Time, each of paragraphs (c), (d),
      (e),
      (f), (g), (h) and (i) of Section 6.01 of the Indenture is hereby deleted in
      its
      entirety and replaced with “[Intentionally Omitted]”. 

    

    Section
      2.05. Amendments
      to Article 8—Discharge of Indenture; Defeasance.
      Effective as of

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    the
      Amendment Effective Time, each of clauses (iii), (iv), (v) and (viii) of
      paragraph (a) of Section 8.02 of the Indenture is hereby deleted in its entirety
      and replaced with “[Intentionally Omitted]”.

    

    Article
      III.

    WAIVER
      OF
      DEFAULTS

    

    Section
      3.01. Waiver.
      Subject
      to the restrictions in Section 6.04 of the Indenture (to the extent it may
      be
      applicable) and to the extent permitted by applicable law, all Defaults and
      Events of Default that may exist under the Indenture at the Amendment Effective
      Time are hereby waived. 

    

    Article
      IV.

    MISCELLANEOUS

    

    Section
      4.01.
      Effect of Supplemental Indenture.
      From
      and after the effective date of this Supplemental Indenture, the Indenture
      and
      the Notes shall be supplemented in accordance herewith, and this Supplemental
      Indenture shall form a part of the Indenture and the Notes for all purposes,
      and
      every Holder of Notes heretofore or hereafter authenticated and delivered under
      the Indenture shall be bound thereby.

    

    Section
      4.02. Note
      Guarantees.
      Nothing
      in this Supplemental Indenture releases the Note Guarantees other than in
      accordance with Section 11.07 of the Indenture.

    

    Section
      4.03. Indenture
      Remains in Full Force and Effect.
      Except
      as supplemented by this Supplemental Indenture, all provisions in the Indenture
      and the Notes shall remain in full force and effect.

    

    Section
      4.04. References
      to Supplemental Indenture.
      Any and
      all notices, requests, certificates and other instruments executed and delivered
      after the execution and delivery of this Supplemental Indenture may refer to
      the
      Indenture without making specific reference to this Supplemental Indenture,
      but
      nevertheless all such references shall include this Supplemental Indenture
      unless the context requires otherwise.

    

    Section
      4.05. Conflict
      with TIA.
      The
      Company will comply with the provisions of the TIA. If any provision of this
      Supplemental Indenture limits, qualifies or conflicts with any provision of
      the
      TIA that is required under the TIA to be part of and govern any provision of
      this Supplemental Indenture, the provision of the TIA shall control. If any
      provision of this Supplemental Indenture modifies or excludes any provision
      of
      the TIA that under the TIA may be so modified or excluded, the provision of
      the
      TIA shall be deemed to apply to the Indenture as so modified or to be excluded
      by this Supplemental Indenture, as the case may be.

    

    Section
      4.06. Severability.
      If any
      court of competent jurisdiction shall determine that any provision in this
      Supplemental Indenture shall be invalid, illegal or unenforceable, the validity,
      legality and enforceability of the remaining provisions shall not in any way
      be
      affected or impaired thereby.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Section
      4.07. Headings.
      The
      Article and Section headings of this Supplemental Indenture have been inserted
      for convenience of reference only, are not to be considered a part of this
      Supplemental Indenture and shall in no way modify or restrict any of the terms
      or provisions hereof.

    

    Section
      4.08. Benefits
      of Supplemental Indenture.
      Nothing
      in this Supplemental Indenture or the Notes, express or implied, shall give
      to
      any Person, other than the parties hereto and thereto and their successors
      hereunder and thereunder and the Holders of the Notes any benefit of any
      legal

    or
      equitable right, remedy or claim under the Indenture, this Supplemental
      Indenture or the Notes.

    

    Section
      4.09. Successors.
      All
      agreements of the Company and the Note Guarantors in this Supplemental Indenture
      shall bind their respective successors. All agreements of the Trustee in this
      Supplemental Indenture shall bind its successors.

    

    Section
      4.10. Trustee
      Not Responsible for Recitals.
      The
      recitals contained herein shall be taken as the statements of the Company and
      the Trustee assumes no responsibility for their correctness.

    

    Section
      4.11. Certain
      Duties and Responsibilities of the Trustee.
      In
      entering into this Supplemental Indenture, the Trustee shall be entitled to
      the
      benefit of every provision of the Indenture and the Notes relating to the
      conduct or affecting the liability or affording protection to the Trustee,
      whether or not elsewhere herein so provided.

    

    Section
      4.12. 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 law to the extent that the application of the laws
      of
      another jurisdiction would be required thereby.

    

    Section
      4.13. Counterpart
      Originals.
      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.

    

    Section
      4.14. Effectiveness.
      This
      Supplemental Indenture shall become effective upon execution and delivery by
      the
      Company, each Note Guarantor party to the Indenture, and the Trustee. As used
      herein, the “Amendment
      Effective Time”
shall
      mean the time and date that the Company notifies the Depositary (as defined
      in
      the Solicitation Statement) that Notes tendered and not validly withdrawn
      pursuant to the Solicitation Statement, representing at least a majority in
      principal amount of the outstanding Notes,
      are
      accepted for purchase. 

    

    Section
      4.15. Confirmation.
      Each of
      the Company, the Note Guarantors party hereto and the Trustee hereby confirms
      and reaffirms the Indenture in every particular except as amended and
      supplemented by this Supplemental Indenture.

    

    [SIGNATURE
      PAGES FOLLOW ]

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

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

    

    
      	
               

            	
              BERRY
                PLASTICS CORPORATION

            
	
               

            	
               

            
	 	
              By:
                /s/
                James M. Kratochvil_

            
	
               

            	
              Name:
                James M. Kratochvil

            
	
               

            	
              Title:
                EVP and CFO

            
	
               

            	
               

            
	 	
              LANDIS
                PLASTICS, INC.

            
	
               

            	
              BPC
                HOLDING CORPORATION

            
	 	
              BERRY
                IOWA CORPORATION

            
	
               

            	
              PACKERWARE
                CORPORATION

            
	
               

            	
              KNIGHT
                PLASTICS, INC.

            
	
               

            	
              BERRY
                STERLING CORPORATION

            
	
               

            	
              BERRY
                PLASTICS DESIGN CORPORATION

            
	
               

            	
              POLY-SEAL
                CORPORATION

            
	
               

            	
              BERRY
                PLASTICS ACQUISITION CORPORATION III

            
	
               

            	
              VENTURE
                PACKAGING

            
	
               

            	
              VENTURE
                PACKAGING MIDWEST, INC.

            
	
               

            	
              BERRY
                PLASTICS TECHNICAL SERVICES, INC.

            
	
               

            	
              CPI
                HOLDING CORPORATION

            
	
               

            	
              AEROCON,
                INC.

            
	
               

            	
              PESCOR,
                INC.

            
	
               

            	
              CARDINAL
                PACKAGING, INC.

            
	
               

            	
              BERRY
                PLASTICS ACQUISITION CORPORATION V

            
	
               

            	
              KERR
                GROUP, INC.

            
	
               

            	
              BERRY
                PLASTICS ACQUISITION CORPORATION VII

            
	
               

            	
              BERRY
                PLASTICS ACQUISITION CORPORATION VIII

            
	 	
              BERRY
                PLASTICS ACQUISITION CORPORATION IX

            
	 	
              BERRY
                PLASTICS ACQUISITION CORPORATION X

            
	 	
              BERRY
                PLASTICS ACQUISITION CORPORATION XI

            
	 	
              BERRY
                PLASTICS ACQUISITION CORPORATION XII

            
	 	
              BERRY
                PLASTICS ACQUISITION CORPORATION XIII

            
	 	
              BERRY
                PLASTICS ACQUISITION CORPORATION XIV, LLC

            
	
               

            	
              BERRY
                PLASTICS ACQUISITION CORPORATION XV, LLC

            
	 	
              SETCO,
                LLC

            
	 	
              TUBED
                PRODUCTS, LLC

            
	 	
              SAFFRON
                ACQUISITION CORPORATION

            
	 	
              SUN
                COAST INDUSTRIES, INC.

            
	 	 	 
	 	
              By:

            	
              _/s/
                James M. Kratochvil ______________________________

            
	
               

            	
              Name:

            	
              James
                M. Kratochvil

            
	
               

            	
              Title:

            	
              EVP
                and CFO

            
	
               

            	
               

            
	
               

            	
              U.S.
                BANK TRUST NATIONAL ASSOCIATION, as Trustee

            
	
               

            	
               

            
	 	
              By:

            	
              _/s/
                Beverly A. Freeney_

            
	
               

            	
              Name:

            	
              Beverly
                A. Freeney

            
	
               

            	
              Title:

            	
              Vice
                Presidentsec document

                                                                    Exhibit 10.1

                              EMPLOYMENT AGREEMENT

         EMPLOYMENT AGREEMENT, effective this 5th day of September, 2006, by and
between  The LGL  Group,  Inc.,  an Indiana  corporation  (the  "Company"),  and
Jeremiah Healy (the "Employee").

                                   WITNESSETH:

         WHEREAS,  the  parties  hereto  desire to enter  into  this  Employment
Agreement to define and set forth the terms and  conditions of the employment of
the Employee by the Company;

         NOW, THEREFORE, in consideration of the mutual covenants and agreements
set forth  below,  it is hereby  covenanted  and agreed by the  Company  and the
Employee as follows:

1. POSITION; EMPLOYMENT PERIOD.

         The Company hereby employs the Employee as its Chief Financial Officer,
and the  Employee  hereby  agrees  to serve  in such  capacity,  for the  period
beginning  September  5th,  2006  and  ending  on the date  that the  Employee's
employment is terminated in accordance  with Paragraph 9 below (the  "Employment
Period").

2. PERFORMANCE OF DUTIES.

         The Employee  agrees that during the Employment  Period he shall devote
his full business time to the business  affairs of the Company and shall perform
his duties  faithfully and efficiently  subject to the direction of the Board of
Directors  and Chief  Executive  Officer  of the  Company.  Notwithstanding  the
foregoing,  it is  understood  that the  Employee  is a member  of the  Board of
Directors of Infocrossing  Inc. and is permitted to attend board meetings and to
participate in teleconferences as necessary.

3. COMPENSATION.

         Subject  to the  following  provisions  of this  Employment  Agreement,
during the Employment Period, the Employee shall be compensated for his services
as follows:

         (a)   He shall  receive  an annual  salary,  payable in monthly or more
frequent installments, in an amount which shall initially be $185,000 per annum,
subject to such  increases as may from time to time be  determined  by the Chief
Executive Officer and Compensation Committee of the Company;

         (b)   He shall receive a one-time  grant of 10,000 shares of restricted
stock after execution of this Employment Agreement. Such shares shall be subject
to the  following  vesting  schedule:  5,000  shares on September 5, 2007 and an
additional 1,250 shares on each of December 5, 2007, March 5, 2008, June 5, 2008
and September 5, 2008.

         (c)   He shall be paid a  discretionary  $50,000  annual  bonus on each
anniversary of the Employee's  employment with the Company (paid in cash or cash
equivalent) with reference to the following:

               1.   Efficient,  accurate and timely regulatory and audit filings
               for the Company, consistent with all requirements;

               2.   Reducing costs Company wide  (including  corporate costs and
               cost of production at divisions);

               3.   Improving  financial  process and controls at the  Company's
               operating divisions; and

               4.   Analyzing  business  economics  to  improve  the  analytical
               foundation for decision making in the areas of capital allocation
               and  performance  based  measurements  (includes  areas  such  as
               margins  (EBITDA or other) and  activity  based  costing  (to the
               extent possible with given systems).

         The  Employee  shall be  entitled to such other  perquisites  as may be
customarily  granted by the Company to employees  of similar rank and  position.
The Employee is entitled to at least four weeks paid vacation per annum.

4. DISABILITY.

         Subject to the provisions of Paragraph 9, if the Employee's  employment
is  terminated  during the  Employment  Period by reason of his  Disability  (as
defined  below),  the Employee  shall  continue to receive an annual  salary and
benefits in  accordance  with  Paragraph  3(a) for the 180-day  period after the
occurrence of such Disability.  For purposes of this Employment  Agreement,  the
term  "Disability"  means a physical  or mental  disability  which  renders  the
Employee incapable of performing his duties under this Employment  Agreement and
which  disability  has  existed  for at least one  month,  as  determined  by an
independent physician selected by the Company and agreed to by the Employee. Any
salary  payments to the Employee  shall be reduced by the amount of any benefits
paid for the same  period  of time  under  the  Company's  disability  insurance
programs.

5. COMPETING BUSINESSES.

         During the period of his employment  under this  Employment  Agreement,
the Employee shall not be employed by or otherwise engage in or be interested in
any business in competition with the Company, or with any of its subsidiaries or
affiliates, except that the Employee's investment in any such business shall not
be considered a violation of this  Paragraph if the Employee owns less than five
percent of the equity thereof.

6. CONFIDENTIALITY.

         During and after the Employment  Period,  the Employee will not divulge
or appropriate to his own use or to the use of others,  in competition  with the
Company,  any secret or confidential  information or knowledge pertaining to the
business of the Company,  or of any of its subsidiaries,  obtained by him in any
way while he was employed by the Company or by any of its subsidiaries.

7. RESTRICTIVE COVENANT.

         In the event  that the  Employee's  employment  is  terminated  for any
reason, during the 12-month period following such termination, the Employee will
not directly or indirectly (as a director, officer, executive employee, manager,
consultant,  independent contractor, advisor or otherwise) engage in competition
with,  or own any interest in,  perform any services for,  participate  in or be
connected with any business or organization that engages in competition with the
Company,  provided,  however, that the provisions of this Section 7 shall not be
deemed to prohibit  the  Employee's  ownership  of not more than 5% of the total
shares of all classes of stock outstanding of any publicly held company.

8. REMEDIES.

         If at any time the  Employee  materially  violates  any of the terms or
covenants  set forth in  Paragraphs 5 and 6, the Company shall have the right to
terminate all of its obligations to make further  payments under this Employment
Agreement.  The  Employee  acknowledges  that the Company  would be  irreparably
injured by a violation of Paragraphs 5 or 6 and agrees that the Company shall be
entitled to an injunction restraining the Employee from any actual or threatened
breach of Paragraphs 5 or 6 or to any other appropriate equitable remedy without
any bond or other security being required.

9. AMENDMENT AND TERMINATION.

         This  Agreement may be amended or cancelled by either party without the
consent of any other  person  (employment  at will) and, so long as the Employee
lives, no person,  other than the parties hereto, shall have any rights under or
interest in this Employment Agreement or the subject matter hereof.

10. NOTICES.

         Any notice  required or  permitted  to be given  under this  Employment
Agreement  shall be sufficient  if in writing and if sent by registered  mail to
the Company at its  principal  executive  offices or to the Employee at the last
address filed by him in writing with the Company, as the case may be.

11. NON-ASSIGNMENT.

         The interests of the Employee under this  Employment  Agreement are not
subject  to  the  claims  of  his  creditors  and  may  not  be  voluntarily  or
involuntarily assigned, alienated or encumbered.

12.  SUCCESSORS.

         This Agreement  shall be binding upon, and inure to the benefit of, the
Company and its successors and assigns and upon any person acquiring, whether by
merger, consolidation, purchase of assets or otherwise, all or substantially all
of the Company's assets and business.

13. APPLICABLE LAW.

         The  provisions  of this  Employment  Agreement  shall be  construed in
accordance with the laws of the State of Connecticut.

14. COUNTERPARTS.

         This Employment  Agreement may be executed in two or more counterparts,
any one of which shall be deemed the original without reference to the others.

         IN WITNESS  WHEREOF,  the Employee  has hereunto set his hand,  and the
Company has caused these  presents to be executed in its name and on its behalf,
all effective the day and year first above written.

                                    /s/ Jeremiah Healy
                                    --------------------------------------------
                                    Jeremiah Healy

                                    THE LGL GROUP, INC.

                                    By: /s/ John C. Ferrara
                                       -----------------------------------------
                                    Name: John C. Ferrara
                                    Title: President and Chief Executive Officer

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