Document:

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                                                                     Exhibit 4.2

                          THIRD SUPPLEMENTAL INDENTURE

            This Third Supplemental Indenture (this "Supplemental Indenture"),
dated as of April 5, 2007, is entered into among Altra Industrial Motion, Inc.
(the "Company"), the Guarantors signatory hereto (the "Guarantors"), TB Wood's
Incorporated ("TB Wood's"), Plant Engineering Consultants, LLC ("PEC"), TB
Wood's Corporation ("TB Wood's Corp.") and TB Wood's Enterprises, Inc. ("TB
Wood's Enterprises" and together with TB Wood's, PEC and TB Wood's Corp., the
"New Guarantors") and The Bank of New York, as trustee under the Indenture
referred to below (the "Trustee"). Capitalized terms used herein but not defined
shall have the meanings ascribed to them in the Indenture (as defined below).

                             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 8, 2006 (as amended by the First
Supplemental Indenture, dated as of April 24, 2006, the "Indenture"), among the
Company, the Guarantors, the Trustee, The Bank of New York, as Principal Paying
Agent, and The Bank of New York (Luxembourg) S.A., as Luxembourg Paying Agent,
that provides for the issuance by the Company of up to an aggregate principal
amount of Pound Sterling 33,000,000 of 11 1/4% Senior Notes due 2013 (the
"Notes");

            WHEREAS, Section 9.01 of the Indenture provides, among other things,
that the Company, the Guarantors and the Trustee may amend or supplement the
Indenture and the Notes without the consent of the Holders to allow any
Subsidiary or any other Person to guarantee the Notes;

            WHEREAS, the Company, the Guarantors and the New Guarantors desire
to execute and deliver this Supplemental Indenture to the Indenture for the
purpose of allowing the New Guarantors to guarantee the Notes;

            WHEREAS, the execution and delivery of this Supplemental Indenture
has been duly authorized by the Company, the Guarantors and the New Guarantors
and all conditions and requirements necessary to make this Supplemental
Indenture a valid and binding agreement of the Company, the Guarantors and the
New Guarantors have been duly performed and complied with; and

            WHEREAS, pursuant to Sections 9.01 and 9.06 of the Indenture, the
Trustee is authorized to execute this Supplemental Indenture.

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

                                    ARTICLE I
                             AMENDMENTS TO INDENTURE

            Section 1.01. AGREEMENT TO GUARANTEE. Each of the New Guarantors
hereby fully, jointly and severally, unconditionally and irrevocably guarantees
with each of the Guarantors, to each of the Holders and the Trustee and their
respective successors and assigns that (i) the principal of, premium, if any,
and interest, and Additional Interest, if any, on the Notes

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shall be promptly paid in full when due, subject to any applicable grace period,
whether upon redemption pursuant to the terms of the Notes, by acceleration or
otherwise, and interest on the overdue principal, if any, and interest on any
interest, if any, to the extent lawful, of the Notes and all other Obligations
of the Company to the Holders and the Trustee hereunder or thereunder shall be
promptly paid in full or performed, all in accordance with the terms of the
Indenture; and (ii) in case of any extension of time of payment or renewal of
any of the Notes or of any such other obligations, the same shall be promptly
paid in full when due or performed in accordance with the terms of the extension
or renewal, subject to any applicable grace period, whether at stated maturity,
by acceleration or otherwise, subject, however, in the case of clauses (i) and
(ii) above, to the limitations set forth in Section 10.03 (Limitation of
Guarantor's Liability) of the Indenture.

            Section 1.02. GUARANTOR BOUND BY TERMS OF INDENTURE. In accordance
with Section 4.15 (Additional Subsidiary Guarantees) of the Indenture, each of
the New Guarantors hereby acknowledges and agrees that it is subject to the
provisions of the Indenture as a Guarantor.

                                   ARTICLE II
                                  EFFECTIVENESS

            Section 2.01. EFFECTIVENESS. This Supplemental Indenture shall
become effective and binding on the Company, the Guarantors, the New 12
Guarantors, the Trustee and the Holders upon execution and delivery of this
Supplemental Indenture by the parties hereto.

                                   ARTICLE III
                                  MISCELLANEOUS

            Section 3.01. INDENTURE RATIFIED. Except as otherwise provided
herein, the Indenture is in all respects ratified and confirmed, and all of the
terms, provisions and conditions thereof shall be and remain in full force and
effect.

            Section 3.02. CONSTRUCTION OF SUPPLEMENTAL INDENTURE. This
Supplemental Indenture is executed as and shall constitute an indenture
supplemental to the Indenture and shall be construed in connection with and as
part of the Indenture.

            Section 3.03. TRUST INDENTURE ACT CONTROLS. If any provision of this
Supplemental Indenture limits, qualifies or conflicts with any other provision
of this Supplemental Indenture or the Indenture that is required to be included
by the Trust Indenture Act of 1939, as amended, as in force at the date this
Supplemental Indenture is executed, the provision required by said Act shall
control.

            Section 3.04. COUNTERPARTS. This Supplemental Indenture may be
executed in any number of counterparts, each of which shall be an original, but
such counterparts shall together constitute but one and the same instrument.

            Section 3.05. TRUSTEE NOT RESPONSIBLE. 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 are made solely by the Company, the Guarantors
and the New Guarantors.

                                       2
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            Section 3.06. 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 3.07. SUCCESSORS. All covenants and agreements in this
Supplemental Indenture by the Company, the Guarantors, the New Guarantors or the
Trustee shall bind their respective successors and assigns, whether so expressed
or not.

            Section 3.08. SEVERABILITY. In case any provisions 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.

                 [remainder of page intentionally left blank]

                                       3
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            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.

                                    TB WOOD'S INCORPORATED

                                    By: /s/ William T. Fejes, Jr.
                                        --------------------------------
                                    Name: William T. Fejes, Jr.
                                    Title: President and Chief Executive Officer

                                    PLANT ENGINEERING CONSULTANTS, LLC

                                    By: /s/ William T. Fejes, Jr.
                                        --------------------------------
                                    Name: William T. Fejes, Jr.
                                    Title: President

                                    TB WOOD'S CORPORATION

                                    By: /s/ William T. Fejes, Jr.
                                        --------------------------------
                                    Name: William T. Fejes, Jr
                                    Title: President and Chief Executive Officer

                                    TB WOOD'S ENTERPRISES, INC.

                                    By: /s/ Joseph C. Horvath
                                        --------------------------------
                                    Name: Joseph C. Horvath
                                    Title: President and Treasurer

                 SIGNATURE PAGE TO THIRD SUPPLEMENTAL INDENTURE

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                                    ALTRA INDUSTRIAL MOTION, INC.

                                    By: /s/ David Wall
                                        --------------------------------------
                                    Name: David Wall
                                    Title: Chief Financial Officer

                                    THE BANK OF NEW YORK, as Trustee

                                    By: /s/ Robert L. Bice
                                        --------------------------------
                                    Name:   Robert L. Bice
                                    Title:  Vice President

                                    AMERICAN ENTERPRISES MPT CORP.
                                    AMERICAN ENTERPRISES MPT HOLDINGS, LLC
                                    AMERIDRIVES INTERNATIONAL, LLC
                                    BOSTON GEAR LLC
                                    FORMSPRAG LLC
                                    INERTIA DYNAMICS, LLC
                                    THE KILIAN COMPANY
                                    KILIAN MANUFACTURING CORPORATION
                                    NUTTALL GEAR L L C
                                    WARNER ELECTRIC INTERNATIONAL HOLDING, INC.
                                    WARNER ELECTRIC LLC
                                    WARNER ELECTRIC TECHNOLOGY LLC,
                                    as Guarantors

                                    By: /s/ Michael L. Hurt
                                        --------------------------------
                                    Name: Michael L. Hurt
                                    Title: Chief Executive Officer

                 SIGNATURE PAGE TO THIRD SUPPLEMENTAL INDENTURETOWERSTREAM CORPORATION
	 

	 
		55 HAMMARLUND WAY
	 

	 
		MIDDLETOWN, RHODE ISLAND 02842
	 

	 
		

	 

	 
		April __, 2007
	 

	 
		

	 

	 
		

	 

	 
		To the Investors in our 8% Convertible Debentures due December
		31, 2009:
	 

	 
		

	 

	 
		1.
	 

	 
		Reference is made to that certain Registrations Rights
		Agreement (the “Registration Rights Agreement”), dated as
		of January 16, 2007, by and between Towerstream Corporation (the
		“Company”) and each of the Investors signatory thereto.
		Capitalized terms used in this Paragraph  and not otherwise
		defined herein shall have the meaning ascribed to them in the
		Registration Rights Agreement.
	 

	 
		

	 

	 
		Pursuant to Section 1.9 of the Registration Rights Agreement
		you have agreed to certain restrictions with respect to Registrable
		Securities.
	 

	 
		

	 

	 
		Section 1.9 of the Registration Rights Agreement is hereby
		deleted and replaced in its entirety with the following:
	 

	 
		

	 

	 

		

	 

	 Each Investor hereby agrees that during the Effectiveness Period
	 it will not, without the prior written consent of the Company and the
	 lead underwriter (or lead placement agent and if no lead underwriter
	 or lead placement agent is appointed, then the managing underwriter
	 or managing placement agent)(the “Placement Agent”),

  

during the period commencing on the date of effectiveness of the
registration statement relating to any “firm commitment” or
“best efforts” registered public offering of the Company
offering a minimum of $20 million of securities (the
“Offering”) and ending on the date specified by the Company
and the lead Placement Agent (such period not to exceed one hundred
eighty (180) calendar days following the date of the final prospectus
relating to the Offering)(the “Standoff Period”) (i) lend,
offer, pledge, sell, contract to sell, sell any option or contract to
purchase, purchase any option or contract to sell, grant any option,
right or warrant to purchase, or otherwise transfer or dispose of,
directly or indirectly, any securities of the Company, including
(without limitation) shares of Common Stock or any securities
convertible into or exercisable or exchangeable for Common Stock
(whether now owned or hereafter acquired) or (ii) enter into any swap
or other arrangement that transfers to another, in whole or in part,
any of the economic consequences of ownership of any securities of
the Company, including (without limitation) shares of Common Stock or
any securities convertible into or exercisable or exchangeable for
Common Stock (whether now owned or hereafter

 

acquired), whether any such transaction described in clause (i) or
(ii) above is to be settled by delivery of securities, in cash or
otherwise.  Each Investor agrees to execute an agreement(s)
reflecting (i) and (ii) above as may be requested by the lead
Placement Agent at the time of the Offering, and further agrees that
the Company may impose stop transfer instructions with its transfer
agent in order to enforce the covenants in (i) and (ii) above. The
lead Placement Agent in connection with the Company’s Offering
is an intended third party beneficiary of the covenants of this
provision and shall have the right, power and authority to enforce
such covenants as though a party hereto.  The Standoff Period
and limitations herein shall be effective with respect to those
shares of Common Stock, and other securities,  acquired by each
Investor pursuant the Securities Purchase Agreement dated as of
January 16, 2007 pursuant to which the Debentures were issued, upon
conversion of the Debentures, or exercise of any Warrants, including
any issuance as a result of the applicability of any
“anti-dilution” rights related thereto, and not with
respect to any other securities acquired by such Investor.

2.

Reference is made to that certain Securities Purchase Agreement,
dated as of January 16, 2007, by and between the Company and each of
the Purchasers signatory thereto. Capitalized terms used in this
Paragraph and not otherwise defined herein shall have the meaning
ascribed to them in the Securities Purchase Agreement.

Pursuant to Section 4.13, you are entitled to participate in
Subsequent Financings by the Company, subject to the terms and
conditions and subject to the limitations set forth therein.

Section 4.13(g) of the Securities Purchase Agreement is hereby
deleted and replaced in its entirety with the following:

(g)

Notwithstanding the foregoing, this Section 4.13 shall not apply in
respect of (i) the Common Stock Transaction, (ii) an Exempt Issuance,
(iii) an underwritten public offering of Common Stock or (iv) a
“firm commitment” or “best efforts” registered
public offering by the Company.

3.

Reference is made to that certain Convertible Debenture, dated as of
January 16, 2007, by and between the Company and each of the
Purchasers signatory thereto.  Capitalized terms used in this
Paragraph and not otherwise defined herein shall have the meaning
ascribed to them in the Convertible Debenture.

For the purpose of clarification, the Equity Conditions shall not be
deemed to be satisfied during any Stand-off Period, as such term is
defined in the Registration Rights Agreement referred to in Paragraph
1 hereof.

 

4.

Notwithstanding anything herein or in the Registration Rights
Agreement, Securities Purchase Agreement, or Convertible Debenture to
the contrary, all agreements by and between Company and the
undersigned will be construed in a manner consistent with the
foregoing provisions of this agreement, and are deemed to be amended
hereby.  This agreement shall continue in full force and effect
for the term of the agreements amended hereby; provided, however,
that in the event that a Market Standoff, as defined in paragraph 1
above, shall not have commenced prior to July 2, 2007, this Agreement
shall be of no further force and effect; provided, further, that if a
“firm commitment” or “best efforts” registered
public offering by the Company in an amount of at least $20 million
has not closed on or before the 45th day following the
earlier of (i) July 2, 2007 or (ii) the date the Securities and
Exchange Commission declares a registration statement relating to
such a “firm commitment” or “best efforts”
registered public offering effective, this Agreement shall be of no
further force and effect.

[Signature Page Follows]

 

Please be advised that the foregoing is highly confidential and by
signing below you acknowledge and agree that you will not make any
public disclosures regarding the existence or contents of this letter
unless required by law or with our consent.

		
	
  
	  
  

	
  
	 Very truly yours,
  

	
  
	  
  

	
  
	  
  

	
  
	  
  

	
  
	  
  

	
  
	  
  

	
  
	  
  

	
  
	  
  

	
  
	 Jeffrey M. Thompson
  

	
  
	  
  

	
  
	 Chief Executive Officer
  

AGREED AND ACKNOWLEDGED:

___________________________

Print Name

____________________________

Signature

____________________________

Date

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