Document:

exv4w2

Exhibit 4.2

FIRST SUPPLEMENTAL INDENTURE

     FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of June 1, 2011, is
among Oil States International, Inc., a Delaware corporation (herein called the “Company”), the
guarantors party hereto (the “Subsidiary Guarantors”), and Wells Fargo Bank, National Association,
as Trustee (herein called the “Trustee”) under the indenture, dated as of June 21, 2005, between
the Company and the Trustee (the “Original Indenture,” and as amended and supplemented, including
by this Supplemental Indenture, the “Indenture”) relating to the Company’s 2 3/8% Contingent
Convertible Senior Notes due 2025 (the “Notes”).

RECITALS OF THE COMPANY AND THE SUBSIDIARY GUARANTORS

     The Company, the Subsidiary Guarantors and the Trustee expect to enter into an indenture,
dated on or about June 1, 2011 (the “Senior Notes Indenture”), relating to a new series of senior
notes of the Company (the “Senior Notes”), pursuant to which the Subsidiary Guarantors will
guarantee the Senior Notes.

     Section 10.08 of the Original Indenture obligates the Company to cause certain subsidiaries
that provide a guarantee with respect to any Debt Securities issued by the Company to guarantee the
Notes by executing a supplemental indenture as provided in such Section.

     Section 8.1(8) of the Original Indenture provides that the Company and the Trustee are
authorized to execute and deliver this Supplemental Indenture to amend or supplement the Original
Indenture without the consent of any Holder to provide for the Guarantees contemplated hereby.

     This Supplemental Indenture is subject to the provisions of the Trust Indenture Act of 1939,
as amended, that are required to be a part of this Supplemental Indenture and shall, to the extent
applicable, be governed by such provisions.

     All things necessary to make this Supplemental Indenture a valid agreement of each of the
Company and the Subsidiary Guarantors, in accordance with its terms, have been done.

     NOW, THEREFORE, THIS SUPPLEMENTAL INDENTURE WITNESSETH:

     To comply with the provisions of the Original Indenture and in consideration of the foregoing
and for other good and valuable consideration, the receipt of which is hereby acknowledged, the
Subsidiary Guarantors, the Company and the Trustee mutually covenant and agree for the equal and
ratable benefit of the Holders of the Notes as follows:

ARTICLE ONE

APPLICATION OF SUPPLEMENTAL INDENTURE

Section 1.01 Interpretation.

     Unless otherwise expressly specified, references in this Supplemental Indenture to specific
Article numbers or Section numbers refer to Articles and Sections contained in this Supplemental
Indenture, and not the Original Indenture or any other document. Capitalized terms used, but not
defined, herein shall have the meanings assigned to them in the Original Indenture.

 

 

Section 1.02 Effect of Supplemental Indenture.

     Each Subsidiary Guarantor hereby, jointly and severally, fully and unconditionally guarantees
all of the Company’s payment obligations under the Original Indenture and the Securities, on the
same basis as the guarantee given by such Subsidiary with respect to the Senior Notes pursuant to
Article 10 of the Senior Notes Indenture, subject to the limitations provided herein or in the
Original Indenture, in each case to the fullest extent required under Section 10.8 of the Original
Indenture (the “Guaranty”).

Section 1.03 Release of the Subsidiary Guarantors.

     If no Event of Default has occurred and be continuing under the Indenture, each Subsidiary
Guarantor will be unconditionally released and discharged from its Guaranty:

     (a) upon any sale, exchange or other transfer to any Person that is not an Affiliate of the
Company of all of the Company’s direct or indirect Equity Interests in the Subsidiary Guarantor;

     (b) upon the merger of the Subsidiary Guarantor into the Company or any other Guarantor or the
liquidation and dissolution of the Subsidiary Guarantor;

     (c) upon the release, repayment or other retirement of all Debt Securities Incurred by the
Subsidiary Guarantor, except its Guaranty of the Securities and, in the case of any Subsidiary
Guarantor whose Equity Interests are less than 90%-owned by the Company, directly or indirectly,
except for any Debt Securities that it has Incurred as the issuer thereof or the primary obligor
thereon; or

     (d) at the earlier to occur of a Ratings Event or January 1, 2013.

Section 1.04 Limitations.

     The obligations of the Subsidiary Guarantors under their Guarantees of the Securities will be
joint and several, and full and unconditional; however, such obligations shall be limited to the
maximum amount that will not result in the obligations of any Subsidiary Guarantor under it
Guaranty constituting a fraudulent conveyance or fraudulent transfer under federal or state law,
after giving effect to (1) all other contingent and fixed liabilities of the Subsidiary Guarantor;
and (2) any collections from or payments made by or on behalf of any other Subsidiary Guarantor in
respect of the obligations of Subsidiary Guarantor under its Guaranty.

Section 1.05 Condition Precedent to Effectiveness of Supplemental Indenture.

     The effectiveness of Section 1.02 and 1.03 of this Supplemental Indenture shall be conditioned
upon the execution of the Senior Notes Indenture. If the Company notifies the Trustee in writing
that the Senior Notes Indenture will not be executed, this Supplemental Indenture shall be null and
void.

ARTICLE TWO

MISCELLANEOUS

Section 201. NEW YORK LAW TO GOVERN.

     THIS INDENTURE AND THE SECURITIES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK.

Section 202. Counterparts.

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     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. This Supplemental
Indenture may be executed in multiple counterparts which, when taken together, shall constitute one
instrument.

Section 203. The Trustee.

     Except as otherwise expressly provided herein, no duties, responsibilities or liabilities are
assumed, or shall be construed to be assumed, by the Trustee by reason of this Supplemental
Indenture. This Supplemental Indenture is executed and accepted by the Trustee subject to all the
terms and conditions set forth in the Indenture with the same force and effect as if those terms
and conditions were repeated at length herein and made applicable to the Trustee with respect
hereto. Without limiting the generality of the foregoing, the Trustee shall not be responsible in
any manner whatsoever for or with respect to any of the recitals or statements contained herein,
all of which recitals or statements are made solely by the Company and the Subsidiary Guarantors,
and the Trustee makes no representation with respect to any such matters. Additionally, the
Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture.

[Remainder of Page Intentionally Left Blank. Signature Page Follows.]

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     IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be
duly executed and attested, all as of this 1st day of June 2011.

	 	 	 	 	 
	 	SUBSIDIARY GUARANTORS:

ACUTE TECHNOLOGICAL SERVICES, INC.

OIL STATES SKAGIT SMATCO, LLC

OIL STATES INDUSTRIES, INC.

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President and Assistant Treasurer 	 
	 

	 	 	 	 	 
	 	CAPSTAR DRILLING, INC.

CAPSTAR DRILLING LP, L.L.C.

CAPSTAR HOLDING, L.L.C.

GENERAL MARINE LEASING, LLC

OIL STATES ENERGY SERVICES, INC.

SOONER HOLDING COMPANY

SOONER INC.

SOONER PIPE, L.L.C.

SPECIALTY RENTAL TOOLS & SUPPLY, L.L.C.

STINGER WELLHEAD PROTECTION, INCORPORATED

WELL TESTING, INC.

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President and Treasurer 	 
	 

	 	 	 	 	 
	 	PTI MARS HOLDCO 1, LLC

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President, Chief Financial Officer and Treasurer 	 
	 

[Signature Page to Supplemental Indenture]

 

 

	 	 	 	 	 
	 	CAPSTAR DRILLING GP, L.L.C.

By: OIL STATES ENERGY SERVICES, INC.,

       its sole member

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President and Treasurer 	 
	 
	 	PTI GROUP USA LLC

OIL STATES MANAGEMENT, INC.

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President 	 
	 

	 	 	 	 	 
	 	COMPANY:

OIL STATES INTERNATIONAL, INC.

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Senior Vice President, Chief Financial Officer
and Treasurer 	 
	 
	 	TRUSTEE:

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Trustee

 	 
	 	By:  	/s/ Patrick Giordano
 	 
	 	 	Authorized Signatory 	 
	 	 	 	 
	 

[Signature Page to Supplemental Indenture]exv4w3

Exhibit 4.3

$600,000,000

OIL STATES INTERNATIONAL, INC.

6.500% Senior Notes due 2019

REGISTRATION RIGHTS AGREEMENT

June 1, 2011

Credit Suisse Securities (USA) LLC

RBC Capital Markets, LLC

Wells Fargo Securities, LLC

As Representatives of the Initial Purchasers

   c/o Credit Suisse Securities (USA) LLC

       Eleven Madison Avenue

       New York, New York 10010-3629

Ladies and Gentlemen:

     Oil States International, Inc., a Delaware corporation (the “Issuer”) proposes to issue and
sell to the several Initial Purchasers listed in Schedule A to the Purchase Agreement (defined
below) (collectively, the “Initial Purchasers”), upon the terms set forth in a purchase agreement
dated May 26, 2011 (the “Purchase Agreement”), $600.0 million aggregate principal amount of 6.500%
Senior Notes due 2019 (the “Initial Securities”) to be unconditionally guaranteed (the
“Guarantees”) by each of the subsidiaries listed on Schedule A hereto (collectively, the
“Guarantors” and, together with the Issuer, the “Company”). The Initial Securities will be issued
pursuant to an Indenture, dated as of June 1, 2011, (the “Indenture”) among the Issuer, the
Guarantors and Wells Fargo Bank, N.A., as Trustee (the “Trustee”). As an inducement to the Initial
Purchasers, the Company agrees with the Initial Purchasers, for the benefit of the holders of the
Initial Securities (including, without limitation, the Initial Purchasers), the Exchange Securities
(as defined below) and the Private Exchange Securities (as defined below) (collectively the
“Holders”), as follows:

     1. Registered Exchange Offer. The Company shall, at its own cost, prepare and file with the
Securities and Exchange Commission (the “Commission”) a registration statement (the “Exchange Offer
Registration Statement”) on an appropriate form under the Securities Act of 1933, as amended (the
“Securities Act”), with respect to a proposed offer (the “Registered Exchange Offer”) to the
Holders of Transfer Restricted Securities (as defined in Section 6(e) hereof), who are not
prohibited by any law or policy of the Commission from participating in the Registered Exchange
Offer, to issue and deliver to such Holders, in exchange for the Initial Securities, a like
aggregate principal amount of

 

 

debt securities of the Company (together with the guarantees thereon,
the “Exchange Securities”), issued under the Indenture and identical in all material respects to
the Initial Securities and the Guarantees (except for the transfer restrictions relating to the
Initial Securities and the provisions relating to the matters described in Section 6 hereof) that
would be registered under the Securities Act. The Company shall use its reasonable best efforts to
cause such Exchange Offer Registration Statement to become effective under the Securities Act and
shall (i) keep the Exchange Offer Registration Statement effective for not less than 20 business
days (or longer, if required by applicable law) after the date notice of the Registered Exchange
Offer is mailed to the Holders (such period being called the “Exchange Offer Registration Period”)
and (ii) consummate the Registered Exchange Offer not later than 365 days after the date of
original issue of the Initial Securities (the “Issue Date”) (or if the 365th day is not a business
day, the first business day thereafter), provided, with respect to clause (ii), that the Company
has accepted all the Initial Securities theretofore validly tendered in accordance with the terms
of the Registered Exchange Offer.

     Following the declaration of the effectiveness of the Exchange Offer Registration Statement,
the Company shall promptly commence the Registered Exchange Offer, it being the objective of such
Registered Exchange Offer to enable each Holder of Transfer Restricted Securities (as defined in
Section 6(e) hereof) electing to exchange the Initial Securities for Exchange Securities (assuming
that such Holder is not an affiliate of the Company within the meaning of the Securities Act,
acquires the Exchange Securities in the ordinary course of such Holder’s business and has no
arrangements with any person to participate in the distribution of the Exchange Securities and is
not prohibited by any law or policy of the Commission from participating in the Registered Exchange
Offer) to trade such Exchange Securities from and after their receipt without any limitations or
restrictions under the Securities Act and without material restrictions under the securities laws
of the several states of the United States.

     The Company acknowledges that, pursuant to current interpretations by the Commission’s staff
of Section 5 of the Securities Act, in the absence of an applicable exemption therefrom, (i) each
Holder which is a broker-dealer electing to exchange Securities, acquired for its own account as a
result of market making activities or other trading activities, for Exchange Securities (a
“Participating Broker-Dealer”), is required to deliver a prospectus containing the information set
forth in (a) Annex A hereto on the cover, (b) Annex B hereto in the “Exchange Offer Procedures”
section and the “Purpose of the Exchange Offer” section, and (c) Annex C hereto in the “Plan of
Distribution” section of such prospectus in connection with a sale of any such Exchange Securities
received by such Participating Broker-Dealer pursuant to the Registered Exchange Offer and (ii) an
Initial Purchaser that elects to sell Exchange Securities acquired in exchange for Securities
constituting any portion of an unsold allotment is required to deliver a prospectus containing the
information required by Items 507 or 508 of Regulation S-K under the Securities Act, as applicable,
in connection with such sale.

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     The Company shall use its reasonable best efforts to keep the Exchange Offer Registration
Statement effective and to amend and supplement the prospectus contained therein, in order to
permit such prospectus to be lawfully delivered by all persons subject to the prospectus delivery
requirements of the Securities Act for such period of time as such persons must comply with such
requirements in order to resell the Exchange Securities; provided, however, that (i) in the case
where such prospectus and any amendment or supplement thereto must be delivered by a Participating
Broker-Dealer or an Initial Purchaser, such period shall be the lesser of 180 days and the date on
which all Participating Broker-Dealers and the Initial Purchasers have sold all Exchange Securities
held by them (unless such period is extended pursuant to Section 3(j) below) and (ii) the Company
shall make upon request such prospectus and any amendment or supplement thereto, available to any
broker-dealer for use in connection with any resale of any Exchange Securities for a period of not
less than 90 days after the consummation of the Registered Exchange Offer.

     If, upon consummation of the Registered Exchange Offer, any Initial Purchaser holds Initial
Securities acquired by it as part of its initial distribution, the Company, simultaneously with the
delivery of the Exchange Securities pursuant to the Registered Exchange Offer, shall issue and
deliver to such Initial Purchaser upon the written request of such Initial Purchaser, in exchange
(the “Private Exchange”) for the Initial Securities held by such Initial Purchaser, a like
principal amount of debt securities of the Company issued under the Indenture and identical in all
material respects (including the existence of restrictions on transfer under the Securities Act and
the securities laws of the several states of the United States, but excluding provisions relating
to the matters described in Section 6 hereof) to the Initial Securities (the “Private Exchange
Securities”). The Initial Securities, the Exchange Securities and the Private Exchange Securities
are herein collectively called the “Securities.”

     In connection with the Registered Exchange Offer, the Company shall:

     (a) mail to each Holder a copy of the prospectus forming part of the Exchange Offer
Registration Statement, together with an appropriate letter of transmittal and related
documents;

     (b) keep the Registered Exchange Offer open for not less than 20 business days (or
longer, if required by applicable law) after the date notice thereof is mailed to the
Holders;

     (c) utilize the services of a depositary for the Registered Exchange Offer with an
address in the Borough of Manhattan, The City of New York, which may be the Trustee or an
affiliate of the Trustee;

     (d) permit Holders to withdraw tendered Securities at any time prior to the close of
business, New York time, on the last business day on which the Registered Exchange Offer
shall remain open; and

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     (e) otherwise comply with all applicable laws.

     As soon as practicable after the close of the Registered Exchange Offer or the Private
Exchange, as the case may be, the Company shall:

     (x) accept for exchange all the Securities validly tendered and not withdrawn pursuant
to the Registered Exchange Offer and the Private Exchange;

     (y) deliver to the Trustee for cancellation all the Initial Securities so accepted for
exchange; and

     (z) cause the Trustee to authenticate and deliver promptly to each Holder of the
Initial Securities, Exchange Securities or Private Exchange Securities, as the case may be,
equal in principal amount to the Initial Securities of such Holder so accepted for exchange.

     The Indenture will provide that the Exchange Securities will not be subject to the transfer
restrictions set forth in the Indenture and that all the Securities will vote and consent together
on all matters as one class and that none of the Securities will have the right to vote or consent
as a class separate from one another on any matter.

     Interest on each Exchange Security and Private Exchange Security issued pursuant to the
Registered Exchange Offer and in the Private Exchange will accrue from the last interest payment
date on which interest was paid on the Initial Securities surrendered in exchange therefor or, if
no interest has been paid on the Initial Securities, from the Issue Date.

     Each Holder participating in the Registered Exchange Offer shall be required to represent to
the Company that at the time of the consummation of the Registered Exchange Offer (i) any Exchange
Securities received by such Holder will be acquired in the ordinary course of business, (ii) such
Holder will have no arrangements or understanding with any person to participate in the
distribution of the Securities within the meaning of the Securities Act, (iii) such Holder is not
an “affiliate,” as defined in Rule 405 of the Securities Act, of the Company or if it is an
affiliate, such Holder will comply with the registration and prospectus delivery requirements of
the Securities Act to the extent applicable, (iv) if such Holder is not a broker-dealer, that it is
not engaged in, and does not intend to engage in, the distribution of the Exchange Securities and
(v) if such Holder is a broker-dealer, that it will receive Exchange Securities for its own account
in exchange for Initial Securities that were acquired as a result of market-making activities or
other trading activities and that it will be required to acknowledge that it will deliver a
prospectus in connection with any resale of such Exchange Securities.

     Notwithstanding any other provisions hereof, the Company will ensure that (i) any Exchange
Offer Registration Statement and any amendment thereto and any prospectus forming part thereof and
any supplement thereto complies in all material respects with the Securities Act and the rules and
regulations thereunder, (ii) any

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Exchange Offer Registration Statement and any amendment thereto
does not, when it becomes effective, contain an untrue statement of a material fact or omit to
state a material fact required to be stated therein or necessary to make the statements therein not
misleading and (iii) any prospectus forming part of any Exchange Offer Registration Statement, and
any supplement to such prospectus, does not include an untrue statement of a material fact or omit
to state a material fact required to be stated therein or necessary in order to make the statements
therein, in the light of the circumstances under which they were made, not misleading.

     2. Shelf Registration. If, (i) because of any change in law or in applicable interpretations
thereof by the staff of the Commission, the Company is not permitted to effect a Registered
Exchange Offer, as contemplated by Section 1 hereof, (ii) any Initial Purchaser so requests with
respect to the Initial Securities (or the Private Exchange Securities) not eligible to be exchanged
for Exchange Securities in the Registered Exchange Offer and held by it following consummation of
the Registered Exchange Offer or (iii) any Holder (other than a Participating Broker-Dealer) is not
eligible to participate in the Registered Exchange Offer or, in the case of any Holder (other than
a Participating Broker-Dealer) that participates in the Registered Exchange Offer, such Holder does
not receive freely tradeable Exchange Securities on the date of the exchange, then, upon written
request, the Company shall take the following actions:

     (a) The Company shall, at its cost, file with the Commission and thereafter shall use
its reasonable best efforts to cause to be declared effective within 90 days after it is
requested as provided above (unless it becomes effective automatically upon filing) a
registration statement (the “Shelf Registration Statement” and, together with the Exchange
Offer Registration Statement, a “Registration Statement”) on an appropriate form under the
Securities Act relating to the offer and sale of the Transfer Restricted Securities (as
defined in Section 6(e) hereof) by the Holders thereof from time to time in accordance with
the methods of distribution set forth in the Shelf Registration Statement and Rule 415 under
the Securities Act (hereinafter, the “Shelf Registration”); provided, however, that no
Holder (other than an Initial Purchaser) shall be entitled to have the Securities held by it
covered by such Shelf Registration Statement unless such Holder agrees in writing to be
bound by all the provisions of this Agreement applicable to such Holder.

     (b) The Company shall use its reasonable best efforts to keep the Shelf Registration
Statement continuously effective in order to permit the prospectus included therein to be
lawfully delivered by the Holders of the relevant Securities, for a period ending one year
(or for such longer period if extended pursuant to Section 3(j) below) from the Issue Date
or such shorter period that will terminate when all the Securities covered by the Shelf
Registration Statement (i) have been sold pursuant thereto or (ii) may be freely sold
without volume restrictions by non-affiliates pursuant to Rule 144, do not bear a
restrictive legend and do not bear a restrictive CUSIP number.

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     (c) Notwithstanding any other provisions of this Agreement to the contrary, the
Company shall cause the Shelf Registration Statement and the related prospectus and any
amendment or supplement thereto, as of the effective date of the Shelf Registration
Statement, amendment or supplement, (i) to comply in all material respects with the
applicable requirements of the Securities Act and the rules and regulations of the
Commission and (ii) not to contain any untrue statement of a material fact or omit to state
a material fact required to be stated therein or necessary in order to make the statements
therein, in light of the circumstances under which they were made, not misleading.

     3. Registration Procedures. In connection with any Shelf Registration contemplated by
Section 2 hereof and, to the extent applicable, any Registered Exchange Offer contemplated by
Section 1 hereof, the following provisions shall apply:

     (a) The Company shall (i) furnish to each Initial Purchaser, prior to the filing
thereof with the Commission, a copy of the Shelf Registration Statement and each amendment
thereof and each supplement, if any, to the prospectus included therein and, in the event
that an Initial Purchaser (with respect to any portion of an unsold allotment from the
original offering) is participating in the Shelf Registration, the Company shall use its
reasonable best efforts to reflect in each such document, when so filed with the Commission,
such comments as such Initial Purchaser reasonably may propose; (ii) include the information
set forth in Annex A hereto on the cover, in Annex B hereto in the “Exchange Offer
Procedures” section and the “Purpose of the Exchange Offer” section and in Annex C hereto in
the “Plan of Distribution” section of the prospectus forming a part of the Exchange Offer
Registration Statement and include the information set forth in Annex D hereto in the Letter
of Transmittal delivered pursuant to the Registered Exchange Offer; (iii) if requested by an
Initial Purchaser, include the information required by Items 507 or 508 of Regulation S-K
under the Securities Act, as applicable, in the prospectus forming a part of the Exchange
Offer Registration Statement; and (iv) in the case of a Shelf Registration Statement,
include in the prospectus included in the Shelf Registration Statement (or, if permitted by
Commission Rule 430B(b), in a prospectus supplement that becomes a part thereof pursuant to
Commission Rule 430B(f)) that is delivered to any Holder pursuant to Section 3(d) and (f),
the names of the Holders who propose to sell Securities pursuant to the Shelf Registration
Statement as selling securityholders.

     (b) The Company shall give written notice to the Initial Purchasers, the Holders of
the Securities and any Participating Broker-Dealer from whom the Company has received prior
written notice that it will be a Participating Broker-Dealer in the Registered Exchange
Offer (which notice pursuant to clauses (ii)-(v) hereof shall be accompanied by an
instruction to suspend the use of the prospectus until the requisite changes have been
made):

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     (i) when a Registration Statement or any amendment thereto has been filed with
the Commission and when the Registration Statement or any post-effective amendment
thereto has become effective;

     (ii) of any request by the Commission for amendments or supplements to the
Registration Statement or the prospectus included therein or for additional
information;

     (iii) of the issuance by the Commission of any stop order suspending the
effectiveness of the Registration Statement or the initiation of any proceedings for
that purpose, or the issuance by the Commission of a notification of objection to
the use of the form on which the Registration Statement has been filed, and of the
happening of any event that causes the Company to become an “ineligible issuer,” as
defined in Commission Rule 405;

     (iv) of the receipt by the Company or its legal counsel of any notification
with respect to the suspension of the qualification of the Securities for sale in
any jurisdiction or the initiation or threatening of any proceeding for such
purpose; and

     (v) of the happening of any event that requires the Company to make changes in
the Registration Statement or the prospectus in order that the Registration
Statement or the prospectus do not contain an untrue statement of a material fact
nor omit to state a material fact required to be stated therein or necessary to make
the statements therein (in the case of the prospectus, in light of the circumstances
under which they were made) not misleading.

     (c) The Company shall make every reasonable effort to obtain the withdrawal at the
earliest possible time of any order suspending the effectiveness of the Registration
Statement.

     (d) The Company shall furnish to each Holder of Securities included within the
coverage of the Shelf Registration, without charge, at least one copy of the Shelf
Registration Statement and any post-effective amendment or supplement thereto, including
financial statements and schedules, and, if the Holder so requests in writing, all exhibits
thereto (including those, if any, incorporated by reference). The Company shall not,
without the prior written consent of the Representatives, such consent not to be
unreasonably withheld, make any offer relating to the Securities that would constitute a
“free writing prospectus,” as defined in Commission Rule 405.

     (e) The Company shall upon request deliver to each Participating Broker-Dealer and
each Initial Purchaser, and to any other Holder who so requests, without charge, at least
one copy of the Exchange Offer Registration Statement

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and any post-effective amendment
thereto, including financial statements and schedules, and, if any Initial Purchaser or any
such Holder requests, all exhibits thereto (including those incorporated by reference).

     (f) The Company shall, during the period of effectiveness of the Shelf Registration
Statement provided for in Section 2(b), deliver to each Holder of Securities included within
the coverage of the Shelf Registration, without charge, as many copies of the prospectus
(including each preliminary prospectus) included in the Shelf Registration Statement and any
amendment or supplement thereto as such person may reasonably request. The Company consents,
subject to the provisions of this Agreement, to the use of the prospectus or any amendment
or supplement thereto by each of the selling Holders of the Securities in connection with
the offering and sale of the Securities covered by the prospectus, or any amendment or
supplement thereto, included in the Shelf Registration Statement.

     (g) The Company shall deliver to each Initial Purchaser, any Participating
Broker-Dealer and such other persons required to deliver a prospectus following the
Registered Exchange Offer, without charge, as many copies of the final prospectus included
in the Exchange Offer Registration Statement and any amendment or supplement thereto as such
persons may reasonably request. The Company consents, subject to the provisions of this
Agreement, to the use of the prospectus or any amendment or supplement thereto by any
Initial Purchaser, if necessary, any Participating Broker-Dealer and such other persons
required to deliver a prospectus following the Registered Exchange Offer in connection with
the offering and sale of the Exchange Securities covered by the prospectus, or any amendment
or supplement thereto, included in such Exchange Offer Registration Statement.

     (h) Prior to any public offering of the Securities, pursuant to any Registration
Statement, the Company shall register or qualify or cooperate with the Holders of the
Securities included therein and their respective counsel in connection with the registration
or qualification of the Securities for offer and sale under the securities or “blue sky”
laws of such states of the United States as any Holder of the Securities reasonably requests
in writing and do any and all other acts or things necessary or advisable to enable the
offer and sale in such jurisdictions of the Securities covered by such Registration
Statement; provided, however, that the Company shall not be required to (i) qualify
generally to do business in any jurisdiction where it is not then so qualified or (ii) take
any action which would subject it to general service of process or to taxation in any
jurisdiction where it is not then so subject.

     (i) The Company shall cooperate with the Holders of the Securities to facilitate the
timely preparation and delivery of certificates representing the Securities to be sold
pursuant to any Registration Statement free of any restrictive

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legends and in such
denominations and registered in such names as the Holders may request a reasonable period of
time prior to sales of the Securities pursuant to such Registration Statement.

     (j) Upon the occurrence of any event contemplated by paragraphs (ii) through (v) of
Section 3(b) above during the period for which the Company is required to maintain an
effective Registration Statement, the Company shall promptly prepare and file a
post-effective amendment to the Registration Statement or a supplement to the related
prospectus and any other required document so that, as thereafter delivered to Holders of
the Securities or purchasers of Securities, the prospectus will not contain an untrue
statement of a material fact or omit to state any material fact required to be stated
therein or necessary to make the statements therein, in light of the circumstances under
which they were made, not misleading. Upon the occurrence of an event contemplated by
paragraph (iii) of 3(b) above, the Company will use its reasonable best efforts to obtain
the withdrawal of such order suspending the effectiveness of the Registration Statement or,
in the case of a Shelf Registration, the resolution of any objection of the Commission
pursuant to Rule 401(g)(2) under the Securities Act, including by filing an amendment to
such Registration Statement on the proper form, at the earliest possible moment and provide
immediate notice to each Holder or Participating Holder of the withdrawal of any such order
or such resolution. If the Company notifies the Initial Purchasers, the Holders of the
Securities and any known Participating Broker-Dealer in accordance with paragraphs (ii)
through (v) of Section 3(b) above to suspend the use of the prospectus until the requisite
changes to the prospectus have been made, then the Initial Purchasers, the Holders of the
Securities and any such Participating Broker-Dealers shall suspend use of such prospectus,
and the period of effectiveness of the Shelf Registration Statement provided for in Section
2(b) above and the Exchange Offer Registration Statement provided for in Section 1 above
shall each be extended by the number of days from and including the date of the giving of
such notice to and including the date when the Initial Purchasers, the Holders of the
Securities and any known Participating Broker-Dealer shall have received such amended or
supplemented prospectus pursuant to this Section 3(j).

     (k) Not later than the effective date of the applicable Registration Statement, the
Company will provide a CUSIP number for the Initial Securities, the Exchange Securities or
the Private Exchange Securities, as the case may be, and provide the applicable trustee with
printed certificates for the Initial Securities, the Exchange Securities or the Private
Exchange Securities, as the case may be, in a form eligible for deposit with The Depository
Trust Company.

     (l) The Company will comply with all rules and regulations of the Commission to the
extent and so long as they are applicable to the Registered Exchange Offer or the Shelf
Registration and will make generally available to its

9

 

security holders (or otherwise provide
in accordance with Section 11(a) of the Securities Act) an earnings statement satisfying the
provisions of Section 11(a) of the Securities Act, no later than 45 days after the end of a
12-month period (or 90 days, if such period is a fiscal year) beginning with the first month
of the Company’s first fiscal quarter commencing after the effective date of the
Registration Statement, which statement shall cover such 12-month period.

     (m) The Company shall cause the Indenture to be qualified under the Trust Indenture
Act of 1939, as amended, in a timely manner and containing such changes, if any, as shall be
necessary for such qualification. In the event that such qualification would require the
appointment of a new trustee under the Indenture, the Company shall appoint a new trustee
thereunder pursuant to the applicable provisions of the Indenture.

     (n) The Company may require each Holder of Securities to be sold pursuant to the Shelf
Registration Statement to furnish to the Company such information regarding the Holder and
the distribution of the Securities as the Company may from time to time reasonably require
for inclusion in the Shelf Registration Statement, and the Company may exclude from such
registration the Securities of any Holder that unreasonably fails to furnish such
information within a reasonable time after receiving such request.

     (o) The Company shall enter into such customary agreements (including, if requested,
an underwriting agreement in customary form) and take all such other action, if any, as any
Holder of the Securities shall reasonably request in order to facilitate the disposition of
the Securities pursuant to any Shelf Registration.

     (p) In the case of any Shelf Registration, the Company shall (i) make reasonably
available for inspection by the Holders of the Securities, any underwriter participating in
any disposition pursuant to the Shelf Registration Statement and any attorney, accountant or
other agent retained by the Holders of the Securities or any such underwriter all relevant
financial and other records, pertinent corporate documents and properties of the Company and
(ii) cause the Company’s officers, directors, employees, accountants and auditors to supply
all relevant information reasonably requested by the Holders of the Securities or any such
underwriter, attorney, accountant or agent in connection with the Shelf Registration
Statement, in each case, as shall be reasonably necessary to enable such persons to conduct
a reasonable investigation within the meaning of Section 11 of the Securities Act; provided,
however, that the foregoing inspection and information gathering shall be coordinated on
behalf of the Initial Purchasers by you and on behalf of the other parties, by one counsel
designated by and on behalf of such other parties.

     (q) In the case of any Shelf Registration, the Company, if requested by any Holder of
Securities covered thereby, shall cause (i) its counsel to deliver an

10

 

opinion and updates
thereof relating to the Securities in customary form addressed to such Holders and the
Managing Underwriters (as defined in Section 8 hereof), if any, thereof and dated, in the
case of the initial opinion, the effective date of such Shelf Registration Statement;
(ii) its officers to execute and deliver all customary documents and certificates and
updates thereof requested by any underwriters of the applicable Securities; and (iii) its
independent registered public accountants to provide to the selling Holders of the
applicable Securities and any underwriter therefor a comfort letter in customary form and
covering matters of the type customarily covered in comfort letters in connection with
primary underwritten offerings, subject to receipt of appropriate documentation as
contemplated, and only if permitted, by Statement of Auditing Standards No. 72.

     (r) If a Registered Exchange Offer or a Private Exchange is to be consummated, upon
delivery of the Initial Securities by Holders to the Company (or to such other Person as
directed by the Company) in exchange for the Exchange Securities or the Private Exchange
Securities, as the case may be, the Company shall mark, or caused to be marked, on the
Initial Securities so exchanged that such Initial Securities are being canceled in exchange
for the Exchange Securities or the Private Exchange Securities, as the case may be; and in
no event shall the Initial Securities be marked as paid or otherwise satisfied.

     (s) In the event that any broker-dealer registered under the Exchange Act shall
underwrite any Securities or participate as a member of an underwriting syndicate or selling
group or otherwise “assist in the distribution” (within the meaning of the Rules (the
“Rules”) of the Financial Industry Regulatory Authority, Inc. (“FINRA”)) thereof, whether as
a Holder of such Securities or as an underwriter, a placement or sales agent or a broker or
dealer in respect thereof, or otherwise, the Company will assist such broker-dealer in
complying with the requirements of such Rules, including, without limitation, by (i) if such
Rules, including FINRA Rule 5121, shall so require, engaging a “qualified independent
underwriter” (as defined in FINRA Rule 5121) to participate in the preparation of the
Registration Statement relating to such Securities, to exercise usual standards of due
diligence in respect thereto and, if any portion of the offering contemplated by such
Registration Statement is an underwritten offering or is made through a placement or sales
agent, to recommend the yield of such Securities, (ii) indemnifying any such qualified
independent underwriter to the extent of the indemnification of underwriters provided in
Section 5(a) hereof and (iii) providing such information to such broker-dealer as may be
required in order for such broker-dealer to comply with the requirements of the Rules.

     (t) The Company shall use its reasonable best efforts to take all other steps
necessary to effect the registration of the Securities covered by a Registration Statement
contemplated hereby.

11

 

     4. Registration Expenses. The Company shall bear all fees and expenses incurred in
connection with the performance of its obligations under Sections 1 through 3 hereof, whether or
not the Registered Exchange Offer or a Shelf Registration is filed or becomes effective.

     5. Indemnification. (a) The Company agrees to indemnify and hold harmless each Holder of
the Securities, any Participating Broker-Dealer, each partner, director, officer, agent and member
of such Holder or Participating Broker-Dealer and each person, if any, who controls such Holder or
such Participating Broker-Dealer within the meaning of the Securities Act or the Exchange Act (each
Holder, any Participating Broker-Dealer and such partner, director, officer, agent, member and
controlling persons are referred to collectively as the “Indemnified Parties”) from and against any
losses, claims, damages or liabilities, joint or several, or any actions in respect thereof
(including, but not limited to, any losses, claims, damages, liabilities or actions relating to
purchases and sales of the Securities) to which each Indemnified Party may become subject under the
Securities Act, the Exchange Act or otherwise, insofar as such losses, claims, damages, liabilities
or actions arise out of or are based upon any untrue statement or alleged untrue statement of a
material fact contained in a Registration Statement or prospectus or in any amendment or supplement
thereto or in any preliminary prospectus or “issuer free writing prospectus,” as defined in
Commission Rule 433 (“Issuer FWP”), relating to a Shelf Registration, or arise out of, or are based
upon, the omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading, and shall reimburse, as
incurred, the Indemnified Parties for any legal or other expenses reasonably incurred by them in
connection with investigating or defending any such loss, claim, damage, liability or action in
respect thereof; provided, however, that (i) the Company shall not be liable in any such case to
the extent that such loss, claim, damage or liability arises out of or is based upon any untrue
statement or alleged untrue statement or omission or alleged omission made in a Registration
Statement or prospectus or in any amendment or supplement thereto or in any preliminary prospectus
or Issuer FWP relating to a Shelf Registration in reliance upon and in conformity with written
information pertaining to such Holder and furnished to the Company by or on behalf of such Holder
specifically for inclusion therein and (ii) with respect to any untrue statement or omission or
alleged untrue statement or omission made in any preliminary prospectus relating to a Shelf
Registration Statement, the indemnity agreement contained in this Section 5(a) shall not inure to
the benefit of any Holder or Participating Broker-Dealer from whom the person asserting any such
losses, claims, damages or liabilities purchased the Securities concerned, to the extent that a
prospectus relating to such Securities was required to be delivered (including through satisfaction
of the conditions of Commission Rule 172) by such Holder or Participating Broker-Dealer under the
Securities Act in connection with such purchase and any such loss, claim, damage or liability of
such Holder or Participating Broker-Dealer results from the fact that there was not conveyed to
such person, at or prior to the time of the sale of such Securities to such person, an amended or
supplemented prospectus or, if permitted by Section 3(d), an Issuer FWP correcting such untrue
statement or omission or alleged untrue statement or omission if the Company had

12

 

previously
furnished copies thereof to such Holder or Participating Broker-Dealer; provided further, however,
that this indemnity agreement will be in addition to any liability which the Company may otherwise
have to such Indemnified Party. The Company shall also indemnify underwriters, their partners,
directors, officers, agents and members and each person who controls such underwriters within the
meaning of the Securities Act or the Exchange Act to the same extent as provided above with respect
to the indemnification of the Holders of the Securities if requested by such Holders.

     (b) Each Holder of the Securities, severally and not jointly, will indemnify and hold
harmless the Company and each person, if any, who controls the Company within the meaning of
the Securities Act or the Exchange Act from and against any losses, claims, damages or
liabilities or any actions in respect thereof, to which the Company or any such director or
controlling person may become subject under the Securities Act, the Exchange Act or
otherwise, insofar as such losses, claims, damages, liabilities or actions arise out of or
are based upon any untrue statement or alleged untrue statement of a material fact contained
in a Registration Statement or prospectus or in any amendment or supplement thereto or in
any preliminary prospectus or Issuer FWP relating to a Shelf Registration, or arise out of
or are based upon the omission or alleged omission to state therein a material fact
necessary to make the statements therein not misleading, but in each case only to the extent
that the untrue statement or omission or alleged untrue statement or omission was made in
reliance upon and in conformity with written information pertaining to such Holder and
furnished to the Company by or on behalf of such Holder specifically for inclusion therein;
and, subject to the limitation set forth immediately preceding this clause, shall reimburse,
as incurred, the Company for any legal or other expenses reasonably incurred by the Company
or any such director or controlling person in connection with investigating or defending any
loss, claim, damage, liability or action in respect thereof. This indemnity agreement will
be in addition to any liability which such Holder may otherwise have to the Company or any
of its controlling persons.

     (c) Promptly after receipt by an indemnified party under this Section 5 of notice of
the commencement of any action or proceeding (including a governmental investigation), such
indemnified party will, if a claim in respect thereof is to be made against the indemnifying
party under this Section 5, notify the indemnifying party of the commencement thereof; but
the failure to notify the indemnifying party shall not relieve the indemnifying party from
any liability that it may have under Sections 5(a) or (b) above except to the extent that it
has been materially prejudiced (through the forfeiture of substantive rights or defenses) by
such failure; and provided further that the failure to notify the indemnifying party shall
not relieve it from any liability that it may have to an indemnified party otherwise than
under Sections 5(a) or (b) above. In case any such action is brought against any
indemnified party, and it notifies the indemnifying party of the commencement thereof, the
indemnifying party will be entitled to participate

13

 

therein and, to the extent that it may
wish, jointly with any other indemnifying party similarly notified, to assume the defense
thereof, with counsel reasonably satisfactory to such indemnified party (who shall not,
except with the consent of the indemnified party, be counsel to the indemnifying party), and
after notice from the indemnifying party to such indemnified party of its election so to
assume the defense thereof, the indemnifying party will not be liable to such indemnified
party under this Section 5 for any legal or other expenses, other than reasonable costs of
investigation, subsequently incurred by such indemnified party in connection with the
defense thereof. No indemnifying party shall, without the prior written consent of the
indemnified party, effect any settlement of any pending or threatened action in respect of
which any indemnified party is or could have been a party and indemnity could have been
sought hereunder by such indemnified party, unless such settlement (i) includes an
unconditional release of such indemnified party from all liability on any claims that are
the subject matter of such action, and (ii) does not include a statement as to or an
admission of fault, culpability or a failure to act by or on behalf of any indemnified
party.

     (d) If the indemnification provided for in this Section 5 is unavailable or
insufficient to hold harmless an indemnified party under Sections 5(a) or (b) above, as
applicable, then each indemnifying party shall contribute to the amount paid or payable by
such indemnified party as a result of the losses, claims, damages or liabilities (or actions
in respect thereof) referred to in Sections 5(a) or (b) above (i) in such proportion as is
appropriate to reflect the relative benefits received by the indemnifying party or parties
on the one hand and the indemnified party on the other from the exchange of the Securities,
pursuant to the Registered Exchange Offer, or (ii) if the allocation provided by the
foregoing clause (i) is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits referred to in clause (i) above but
also the relative fault of the indemnifying party or parties on the one hand and the
indemnified party on the other in connection with the statements or omissions that resulted
in such losses, claims, damages or liabilities (or actions in respect thereof) as well as
any other relevant equitable considerations. The relative fault of the parties shall be
determined by reference to, among other things, whether the untrue or alleged untrue
statement of a material fact or the omission or alleged omission to state a material fact
relates to information supplied by the Company on the one hand or such Holder or such other
indemnified party, as the case may be, on the other, and the parties’ relative intent,
knowledge, access to information and opportunity to correct or prevent such statement or
omission. The amount paid by an indemnified party as a result of the losses, claims,
damages or liabilities referred to in the first sentence of this Section 5(d) shall be
deemed to include any legal or other expenses reasonably incurred by such indemnified party
in connection with investigating or defending any action or claim which is the subject of
this Section 5(d). Notwithstanding any other provision of this Section 5(d), no Holders of
the Securities shall be required to contribute any amount in excess of the amount by which
the net proceeds received by such Holder from the sale of its Securities

14

 

pursuant to a
Registration Statement exceeds the amount of damages which such Holder has otherwise been
required to pay by reason of such untrue or alleged untrue statement or omission or alleged
omission. No person guilty of fraudulent misrepresentation (within the meaning of Section
11(f) of the Securities Act) shall be entitled to contribution from any person who was not
guilty of such fraudulent misrepresentation. The Holder’s obligations to contribute
pursuant to this Section 5(d) are several and not joint.

     (e) The agreements contained in this Section 5 shall survive the sale of the
Securities pursuant to a Registration Statement and shall remain in full force and effect,
regardless of any termination or cancellation of this Agreement or any investigation made by
or on behalf of any indemnified party.

     6. Additional Interest Under Certain Circumstances. (a) Additional interest (the
“Additional Interest”) with respect to the Initial Securities shall be assessed as follows if any
of the following events occur (each such event in clauses (i), (ii) and (iii) below a “Registration
Default”):

     (i) The Shelf Registration Statement, if required, is not declared effective within
the period described in Section 2(a) hereof;

     (ii) If by the date that is 365 days after the Issue Date, the Registered Exchange
Offer is not consummated; or

     (iii) If after the Shelf Registration Statement is declared (or becomes automatically)
effective (A) such Shelf Registration Statement thereafter ceases to be effective; or (B)
such Shelf Registration Statement or the related prospectus ceases to be usable (except as
permitted in paragraph (b)) in connection with resales of Transfer Restricted Securities
during the periods specified herein because either (1) any event occurs as a result of which
the related prospectus forming part of such Shelf Registration Statement would include any
untrue statement of a material fact or omit to state any material fact necessary to make the
statements therein in the light of the circumstances under which they were made not
misleading or (2) it shall be necessary to amend such Shelf Registration Statement or
supplement the related prospectus, to comply with the Securities Act or the Exchange Act or
the respective rules thereunder.

Additional Interest shall accrue on the Initial Securities over and above the interest set forth in
the title of the Securities from and including the date on which any such Registration Default
shall occur (except in the case of clause (iii) above, in which case such accrual shall begin from
and include the 61st consecutive day following such failure to remain effective or usable) to but
excluding the date on which all such Registration Defaults have been cured, at a rate of 0.25% per
annum with respect to the first 90 days after the date of (or the 61st day following, in the case
of clause (iii)) the Registration Default (which rate shall be increased by an additional 0.25% per
annum at the beginning of each subsequent 90-day period), in each case until (1) the Exchange Offer
is

15

 

completed; (2) the Shelf Registration Statement is declared effective or is no longer required
to be effective; or (3) the Registration Default no longer exists, as the case may be; provided,
however, that at no time shall the amount of Additional Interest accruing exceed in the aggregate
0.5% per annum.

     (b) A Registration Default referred to in Section 6(a)(iii) hereof shall be deemed not
to have occurred and be continuing in relation to a Shelf Registration Statement or the
related prospectus if (i) such Registration Default has occurred solely as a result of (x)
the filing of a post-effective amendment to such Shelf Registration Statement to incorporate
annual audited financial information with respect to the Company where such post-effective
amendment is not yet effective and needs to be declared effective to permit Holders to use
the related prospectus or (y) other material events with respect to the Company that would
need to be described in such Shelf Registration Statement or the related prospectus and (ii)
in the case of clause (y), the Company is proceeding promptly and in good faith to amend or
supplement such Shelf Registration Statement and related prospectus to describe such events;
provided, however, that in any case if such Registration Default occurs for a continuous
period in excess of 60 days, Additional Interest shall be payable in accordance with Section
6(a) from the 61st day after such Registration Default occurs until such Registration
Default is cured.

     (c) The remedy set forth in Section 6(a) hereof shall constitute liquidated damages
and shall be the sole and exclusive remedy of the Holders for each and any Registration
Default.

     (d) Any amounts of Additional Interest due pursuant to Section 6(a) above will be
payable in cash on the regular interest payment dates with respect to the Initial
Securities. The amount of Additional Interest will be determined by multiplying the
applicable Additional Interest rate by the principal amount of the Initial Securities,
multiplied by a fraction, the numerator of which is the number of days such Additional
Interest rate was applicable during such period (determined on the basis of a 360-day year
comprised of twelve 30-day months), and the denominator of which is 360.

     (e) “Transfer Restricted Securities” means each Security until (i) the date on which
such Transfer Restricted Security has been exchanged by a person other than a broker-dealer
for a freely transferable Exchange Security in the Registered Exchange Offer, (ii) following
the exchange by a broker-dealer in the Registered Exchange Offer of an Initial Security for
an Exchange Note, the date on which such Exchange Note is sold to a purchaser who receives
from such broker-dealer on or prior to the date of such sale a copy of the prospectus
contained in the Exchange Offer Registration Statement or (iii) the date on which such
Initial Security has been effectively registered under the Securities Act and disposed of in
accordance with the Shelf Registration Statement.

16

 

     7. Rules 144 and 144A. The Company shall use its reasonable best efforts to file the reports
required to be filed by it under the Securities Act and the Exchange Act in a timely manner and, if
at any time the Company is not required to file such reports, it will, upon the request of any
Holder of Initial Securities, make publicly available other information so long as necessary to
permit sales of their securities pursuant to Rules 144 and 144A. The Company covenants that it
will take such further action as any Holder of Initial Securities may reasonably request, all to
the extent required from time to time to enable such Holder to sell Initial Securities without
registration under the Securities Act within the limitation of the exemptions provided by Rules 144
and 144A (including the requirements of Rule 144A(d)(4)). The Company will provide a copy of this
Agreement to prospective purchasers of Initial Securities identified to the Company by the Initial
Purchasers upon request. Upon the request of any Holder of Initial Securities, the Company shall
deliver to such Holder a written statement as to whether it has complied with such requirements.
Notwithstanding the foregoing, nothing in this Section 7 shall be deemed to require the Company to
register any of its securities pursuant to the Exchange Act.

     8. Underwritten Registrations. If any of the Transfer Restricted Securities covered by any
Shelf Registration are to be sold in an underwritten offering, the investment banker or investment
bankers and manager or managers that will administer the offering (“Managing Underwriters”) will be
selected by the Holders of a majority in aggregate principal amount of such Transfer Restricted
Securities to be included in such offering.

     No person may participate in any underwritten registration hereunder unless such person (i)
agrees to sell such person’s Transfer Restricted Securities on the basis reasonably provided in any
underwriting arrangements approved by the persons entitled hereunder to approve such arrangements
and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting
agreements and other documents reasonably required under the terms of such underwriting
arrangements.

     9. Miscellaneous.

     (a) Amendments and Waivers. The provisions of this Agreement may not be amended,
modified or supplemented, and waivers or consents to departures from the provisions hereof
may not be given, except by the Issuer (on behalf of the Company) and the written consent of
the Holders of a majority in principal amount of the Securities affected by such amendment,
modification, supplement, waiver or consents.

     (b) Notices. All notices and other communications provided for or permitted hereunder
shall be made in writing by hand delivery, first-class mail, facsimile transmission, or air
courier which guarantees overnight delivery:

     (1) if to a Holder of the Securities, at the most current address given by
such Holder to the Company.

17

 

     (2) if to the Initial Purchasers;

               Credit Suisse Securities (USA) LLC

               Eleven Madison Avenue

               New York, NY 10010-3629

               Fax No.: (212) 325-4296

               Attention: Transactions Advisory Group

     with a copy (which shall not constitute notice) to:

               Baker Botts L.L.P.

               2001 Ross Ave.

               Suite 700

               Dallas, Texas 75201

               Fax No.: (214) 661-4634

               Attention: Douglass M. Rayburn

     (3) if to the Company, at its address as follows:

               Oil States International, Inc.

               333 Clay Street

               Suite 4620

               Houston, Texas 77002

               Fax: (405) 849-6224

               Attention: Bradley Dodson, Chief Financial Officer

     with a copy (which shall not constitute notice) to:

               Vinson & Elkins, LLP

               1001 Fannin Street, Suite 2500

               Houston, Texas 77002

               Fax: (713) 615-5139

               Attention: Matthew R. Pacey

     All such notices and communications shall be deemed to have been duly given: at the
time delivered by hand, if personally delivered; three business days after being deposited
in the mail, postage prepaid, if mailed; when receipt is acknowledged by recipient’s
facsimile machine operator, if sent by facsimile transmission; and on the day delivered, if
sent by overnight air courier guaranteeing next day delivery.

     (c) No Inconsistent Agreements. The Company has not, as of the date hereof, entered
into, nor shall it, on or after the date hereof, enter into, any agreement with respect to
its securities that is inconsistent with the rights granted to the Holders herein or
otherwise conflicts with the provisions hereof.

18

 

     (d) Successors and Assigns. This Agreement shall be binding upon the Company and its
successors and assigns.

     (e) Counterparts. This Agreement may be executed in any number of counterparts and by
the parties hereto in separate counterparts, each of which when so executed shall be deemed
to be an original and all of which taken together shall constitute one and the same
agreement.

     (f) Headings. The headings in this Agreement are for convenience of reference only
and shall not limit or otherwise affect the meaning hereof.

     (g) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS.

     (h) Severability. If any one or more of the provisions contained herein, or the
application thereof in any circumstance, is held invalid, illegal or unenforceable, the
validity, legality and enforceability of any such provision in every other respect and of
the remaining provisions contained herein shall not be affected or impaired thereby.

     (i) Securities Held by the Company. Whenever the consent or approval of Holders of a
specified percentage of principal amount of Securities is required hereunder, Securities
held by the Company or its affiliates (other than subsequent Holders of Securities if such
subsequent Holders are deemed to be affiliates solely by reason of their holdings of such
Securities) shall not be counted in determining whether such consent or approval was given
by the Holders of such required percentage.

[Signature Page Follows]

19

 

     If the foregoing is in accordance with your understanding of our agreement,
please sign and return to the Company a counterpart hereof, whereupon this instrument,
along with all counterparts, will become a binding agreement among the several Initial
Purchasers, the Issuer and the Guarantors, in accordance with its terms.

	 	 	 	 	 
	 	Very truly yours,

OIL STATES INTERNATIONAL, INC.

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Senior Vice President, Chief Financial Officer

and Treasurer 	 
	 

	 	 	 	 	 
	 	ACUTE TECHNOLOGICAL SERVICES, INC.

OIL STATES SKAGIT SMATCO, LLC

OIL STATES INDUSTRIES, INC.

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President and Assistant Treasurer 	 
	 

	 	 	 	 	 
	 	CAPSTAR DRILLING, INC.

CAPSTAR DRILLING LP, L.L.C.

CAPSTAR HOLDING, L.L.C.

GENERAL MARINE LEASING, LLC

OIL STATES ENERGY SERVICES, INC.

SOONER HOLDING COMPANY

SOONER INC.

SOONER PIPE, L.L.C.

SPECIALTY RENTAL TOOLS & SUPPLY, L.L.C.

STINGER WELLHEAD PROTECTION, INCORPORATED

WELL TESTING, INC.

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President and Treasurer 	 
	 

Signature Page to Registration Rights Agreement

 

 

	 	 	 	 	 
	 	PTI MARS HOLDCO 1, LLC

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President, Chief Financial Officer
and Treasurer 	 
	 

	 	 	 	 	 
	 	CAPSTAR DRILLING GP, L.L.C.

 	 
	 	 	
By: OIL STATES ENERGY SERVICES, INC.,

       its sole member

 	 
	 	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	 	Bradley J. Dodson 	 
	 	 	 	Vice President and Treasurer 	 
	 

	 	 	 	 	 
	 	PTI GROUP USA LLC

OIL STATES MANAGEMENT, INC.

 	 
	 	By:  	/s/ Bradley J. Dodson
 	 
	 	 	Bradley J. Dodson 	 
	 	 	Vice President 	 
	 

Signature Page to Registration Rights Agreement

 

 

The foregoing Registration

Rights Agreement is hereby confirmed

and accepted as of the date first

above written.

CREDIT SUISSE SECURITIES (USA) LLC

RBC CAPITAL MARKETS, LLC

WELLS FARGO SECURITIES, LLC
   As
Representatives of the Initial Purchasers

	 	 	 	 	 
	By: Credit Suisse Securities (USA) LLC

 	 
	By:  	/s/ Pablo Mercado
 	 
	 	Name:  	Pablo Mercado 	 
	 	Title:  	Director 	 

	 	 	 	 	 
	By: RBC Capital Markets, LLC

 	 
	By:  	/s/ Shaubik Kundagrami
 	 
	 	Name:  	Shauvik Kundagrami 	 
	 	Title:  	Managing Director 	 

	 	 	 	 	 
	By: Wells Fargo Securities, LLC

 	 
	By:  	/s/ Bill J. Cvetkovski
 	 
	 	Name:  	Bill J. Cvetkovski 	 
	 	Title:  	Director 	 
	 

Signature Page to Registration Rights Agreement

 

 

SCHEDULE A

Guarantors

	 	 	 

	Acute Technological Services, Inc.

	 	Texas
	Capstar Drilling LP, L.L.C.

	 	Delaware
	Capstar Holding, L.L.C.

	 	Delaware
	Capstar Drilling, Inc.

	 	Texas
	Capstar Drilling GP, L.L.C.

	 	Delaware
	General Marine Leasing, LLC

	 	Delaware
	Oil States Energy Services, Inc.

	 	Delaware
	Oil States Management, Inc.

	 	Delaware
	Oil States Industries, Inc.

	 	Delaware
	Oil States Skagit SMATCO, LLC

	 	Delaware
	PTI Group USA LLC

	 	Delaware
	PTI Mars Holdco 1, LLC

	 	Delaware
	Sooner Inc.

	 	Delaware
	Sooner Pipe, L.L.C.

	 	Delaware
	Sooner Holding Company

	 	Delaware
	Specialty Rental Tools & Supply, L.L.C.

	 	Delaware
	Stinger Wellhead Protection, Incorporated

	 	Texas
	Well Testing, Inc.

	 	Delaware

Schedule A-1

 

 

ANNEX A

     Each broker-dealer that receives Exchange Securities for its own account pursuant to the
Exchange Offer must acknowledge that it will deliver a prospectus in connection with any resale of
such Exchange Securities. The Letter of Transmittal states that by so acknowledging and by
delivering a prospectus, a broker-dealer will not be deemed to admit that it is an “underwriter”
within the meaning of the Securities Act. This Prospectus, as it may be amended or supplemented
from time to time, may be used by a broker-dealer in connection with resales of Exchange Securities
received in exchange for Initial Securities where such Initial Securities were acquired by such
broker-dealer as a result of market-making activities or other trading activities. The Company has
agreed that, for a period of 180 days after the Expiration Date (as defined herein), it will make
this Prospectus available to any broker-dealer for use in connection with any such resale. See
“Plan of Distribution.”

 

 

ANNEX B

     Each broker-dealer that receives Exchange Securities for its own account in exchange for
Securities, where such Initial Securities were acquired by such broker-dealer as a result of
market-making activities or other trading activities, must acknowledge that it will deliver a
prospectus in connection with any resale of such Exchange Securities. See “Plan of Distribution.”

 

 

ANNEX C

PLAN OF DISTRIBUTION

     Each broker-dealer that receives Exchange Securities for its own account pursuant to the
Exchange Offer must acknowledge that it will deliver a prospectus in connection with any resale of
such Exchange Securities. This Prospectus, as it may be amended or supplemented from time to time,
may be used by a broker-dealer in connection with resales of Exchange Securities received in
exchange for Initial Securities where such Initial Securities were acquired as a result of
market-making activities or other trading activities. The Company has agreed that, for a period of
180 days after the Expiration Date, it will make this prospectus, as amended or supplemented,
available to any broker-dealer for use in connection with any such resale. In addition, until     
        , 20[__], all dealers effecting transactions in the Exchange Securities may be
required to deliver a prospectus.(1)

     The Company will not receive any proceeds from any sale of Exchange Securities by
broker-dealers. Exchange Securities received by broker-dealers for their own account pursuant to
the Exchange Offer may be sold from time to time in one or more transactions in the
over-the-counter market, in negotiated transactions, through the writing of options on the Exchange
Securities or a combination of such methods of resale, at market prices prevailing at the time of
resale, at prices related to such prevailing market prices or negotiated prices. Any such resale
may be made directly to purchasers or to or through brokers or dealers who may receive compensation
in the form of commissions or concessions from any such broker-dealer or the purchasers of any such
Exchange Securities. Any broker-dealer that resells Exchange Securities that were received by it
for its own account pursuant to the Exchange Offer and any broker or dealer that participates in a
distribution of such Exchange Securities may be deemed to be an “underwriter” within the meaning of
the Securities Act and any profit on any such resale of Exchange Securities and any commission or
concessions received by any such persons may be deemed to be underwriting compensation under the
Securities Act. The Letter of Transmittal states that, by acknowledging that it will deliver and
by delivering a prospectus, a broker-dealer will not be deemed to admit that it is an “underwriter”
within the meaning of the Securities Act.

     For a period of 180 days after the Expiration Date the Company will promptly send additional
copies of this Prospectus and any amendment or supplement to this Prospectus to any broker-dealer
that requests such documents in the Letter of Transmittal. The Company has agreed to pay all
expenses incident to the Exchange Offer (including the expenses of one counsel for the Holders of
the Securities) other than

 

			
	(1)	 	 In addition, the legend required by
Item 502(e) of Regulation S-K will appear on the back cover page of the
Exchange Offer prospectus.

 

 

commissions or concessions of any brokers or dealers and will indemnify
the Holders of the Securities (including any broker-dealers) against certain liabilities, including
liabilities under the Securities Act.

 

 

ANNEX D

o CHECK HERE IF YOU ARE A BROKER-DEALER AND WISH TO RECEIVE 10 ADDITIONAL COPIES OF THE PROSPECTUS
AND 10 COPIES OF ANY AMENDMENTS OR SUPPLEMENTS THERETO.

          Name: ___________________________________________

          Address: ___________________________________________

If the undersigned is not a broker-dealer, the undersigned represents that it is not engaged in,
and does not intend to engage in, a distribution of Exchange Securities. If the undersigned is a
broker-dealer that will receive Exchange Securities for its own account in exchange for Initial
Securities that were acquired as a result of market-making activities or other trading activities,
it acknowledges that it will deliver a prospectus in connection with any resale of such Exchange
Securities; however, by so acknowledging and by delivering a prospectus, the undersigned will not
be deemed to admit that it is an “underwriter” within the meaning of the Securities Act.

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