Document:

Exhibit 4.3

 EXHIBIT 4.3 
  

 
 PLATFORM SPECIALTY PRODUCTS CORPORATION 

 
  
  

 
 SUPPLEMENT TO THE WARRANT INSTRUMENT 

 THIS SUPPLEMENT TO THE WARRANT INSTRUMENT IS EXECUTED BY WAY OF DEED POLL ON __ 201_ BY 

PLATFORM SPECIALTY PRODUCTS CORPORATION, a company incorporated in the British Virgin Islands with registered number 1771302, whose registered office
is at Nemours Chambers, Road Town, Tortola British Virgin Islands (the “Company”). 
 BACKGROUND 

 

	(A)	The Company executed a warrant instrument by way of deed poll on 17 May 2013 (the “Instrument”) which created and constituted 90,529,500 warrants to subscribe for Ordinary Shares on the terms and
subject to the conditions of the Instrument. 

  

	(B)	This Supplement modifies the Instrument on the terms set out herein. 

 OPERATIVE PROVISIONS 

 

	1.	DEFINITIONS AND INTERPRETATION 

  

	1.1	All capitalised terms referenced in this Supplement shall have the meaning given in the Instrument, unless expressly stated otherwise. 

 

	2.	AMENDMENT TO THE INSTRUMENT 

  

	2.1	The definition of “Ordinary Shares” in the Instrument shall be deleted and replaced in its entirety with the following definition: 

 

	    	“Ordinary Shares” means (i) the ordinary shares of no par value each in the capital of the Company and (ii) any capital shares into which such ordinary shares shall have been changed or any
share capital resulting from a reclassification of such ordinary shares which, for the avoidance of doubt, shall include any shares into which the ordinary shares are converted, or for which the ordinary shares are substituted or exchanged, upon the
Company being domesticated as a corporation in Delaware.” 

  

	2.2	A new clause 1.11 shall be added to the Instrument as follows: 

  

	    	“References to “Company” in this Instrument shall mean the Company as incorporated and validly existing in the British Virgin Islands as at the date of this Instrument or as subsequently domesticated as a
corporation in Delaware.” 

  

	3.	GOVERNING LAW 

  

	3.1	This Supplement and any dispute or claim arising out of or in connection herewith (including non-contractual disputes or claims) shall be governed by, and construed in accordance with, the law of the Cayman Islands.

  

	3.2	The courts of the Cayman Islands shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Supplement (including non-contractual disputes or claims). 

IN WITNESS THEREOF this Supplement has been executed by the Company as a deed and is delivered on the date first written above. 

  
 2 

					
	
EXECUTED as a deed by                   
                      ,
 duly authorised
for and on behalf of PLATFORM
 SPECIALTY PRODUCTS CORPORATION
	 	)
 )
	    	 ........................................................................

.

  
 3Exhibit 10.1

 Exhibit 10.1 

[Letterhead of MacDermid] 
 May 23, 2011

 Daniel H. Leever 
 1397 Vail Valley Drive 

Vail, CO 81657 
  

	 	Re:	Severance Agreement 

 Dear Dan: 

I write to confirm our agreement regarding severance in the case where your employment with MacDermid Incorporated (“MacDermid”) is
involuntarily terminated without Cause (as defined herein). If your employment is involuntarily terminated without Cause then you will be paid a severance equal to two (2) years base salary, based upon the then most recent one (1) year
period and two (2) years target bonus based upon the then current and applicable bonus plan for you as approved by the board of directors. If the conditions hereof are satisfied, the severance will become payable on the 91st day after your involuntary termination without Cause. No severance will be paid if you voluntarily leave your position or are terminated for Cause. In order to receive the foregoing severance
payment, you will be required to execute and effectuate (without revoking) MacDermid’s standard termination agreement containing a full, final general release in favor of MacDermid and its affiliates and will be required to sign and abide by
MacDermid’s Standard Employee Agreement, including without limitation its noncompetition provisions. 
 As used in this agreement,
Cause shall mean: 
  

	 	1.	CAUSE:  

  

	 	(i)	you are charged with, convicted of, or plead guilty or nolo contendere to, any crime constituting a felony or involving dishonesty or moral turpitude; 

 

	 	(ii)	you engage in any activity that amounts to gross negligence and that significantly affects the business affairs, or reputation of the company or; 

 

	 	(iii)	you fail to perform your duties, after receiving notice of such failure from the company in writing; or 

  

	 	(iv)	you commit a gross and willful violation of the Company’s standard policies, or the law, and such violation creates a material liability (actual or potential) for the company. 

This agreement is contingent upon your signing MacDermid’s standard Employee Agreement which contains, among other things, a one
(1) year non-compete, and this agreement shall serve as additional consideration for your performance under the Employee Agreement. You will at all times be an at will employee. Please indicate your acceptance and agreement by countersigning
and returning this letter to my attention. 
  

	
	Sincerely,
	
	 /s/ John L. Cordani

	John L. Cordani

  

			
	Accepted and Agreed
	
	 /s/ Daniel H. Leever

	Name:	 	Daniel H. Leever
	Date:	 	May 25, 2011Exhibit 10.2

 Exhibit 10.2 

[Letterhead of MacDermid] 
 Frank Monteiro 

c/o MacDermid, Incorporated 
 245 Freight Street 

Waterbury, CT. 06702 
 January 7, 2003 

 

	 	Re:	Severance Agreement 

 Dear Frank, 

I write to confirm our agreement regarding severance in the case where your employment with MacDermid is involuntarily terminated without
Cause (as defined herein) or within two (2) years after a Change of Control (as defined herein). If your employment with MacDermid is involuntarily terminated without Cause then MacDermid will pay you a severance equal to one
(1) year’s base salary, based upon the then most recent year period. In the alternative, if your employment is involuntarily terminated within two (2) years after a Change of Control then you will be paid a severance equal to two
(2) year’s base salary and cash bonus, based upon the then most recent two year period. In order to receive either foregoing severance payment, you will be required to execute MacDermid’s standard termination agreement (form attached)
containing a full, final general release in favor of MacDermid. 
 As used in this agreement, Cause and Change of Control shall mean: 

 

	 	1.	Cause – 

  

	 	(i)	you are convicted of, or plead guilty or nolo contendere to, any crime constituting a felony or involving dishonesty or moral turpitude; 

 

	 	(ii)	you engage in any activity that amounts to negligence and that significantly affects the business affairs or reputation of the company; 

 

	 	(iii)	you willfully fail to perform your duties, or perform your duties in a grossly negligent manner, which failure or performance continues for twenty (20) days after written notice from the company; or

  

	 	(iv)	you violate the Company’s standard policies, or the law, and such violation creates a substantial liability (actual or potential) for the company. 

 

	 	2.	Change of Control – 

  

	 	(i)	acquisition by any person or group, except for an employee benefit plan sponsored by the company, of beneficial ownership of 50% or more of the company’s voting securities in any combination; 

 

	 	(ii)	the sale of all or substantially all of the assets of MacDermid; or 

  

	 	(iii)	individuals, who as of January 1, 2002 are members of MacDermid’s Board of Directors (the “Incumbents”), and any additional individuals (“Additional Directors”) who are recommended to
become Directors by a majority of the Incumbents and/or any then previously so recommended and elected Additional Directors, cease for any reason to constitute a majority of the Board of Directors of MacDermid. 

Please indicate your acceptance and agreement by countersigning and returning this letter to my attention. 

 

	
	Sincerely,
	
	 /s/ John L. Cordani

	John L. Cordani

  

			
	Accepted and Agreed
	
	 /s/ Frank Monteiro

	Name:	 	Frank MonteiroExhibit 10.3

 Exhibit 10.3 

[Letterhead of MacDermid Inc.] 
 John Cordani

 c/o MacDermid, Incorporated 
 245 Freight Street 

Waterbury, CT 06702 

July 22, 2002 
  

	 	Re:	Severance Agreement 

 Dear John, 

I write to confirm our agreement regarding severance in the case where your employment with MacDermid is involuntarily terminated without
Cause (as defined herein) or within two (2) years after a Change of Control (as defined herein). If your employment with MacDermid is involuntarily terminated without Cause then MacDermid will pay you a severance equal to one
(1) year’s base salary, based upon the then most recent year period. In the alternative, if your employment is involuntarily terminated within two (2) years after a Change of Control then you will be paid a severance equal to two
(2) year’s base salary and cash bonus, based upon the then most recent two year period. In order to receive either foregoing severance payment, you will be required to execute MacDermid’s standard termination agreement (form attached)
containing a full, final general release in favor of MacDermid. 
 As used in this agreement, Cause and Change of Control shall mean: 

 

	 	1.	Cause — 

  

	 	(i)	you are convicted of, or plead guilty or nolo contendere to, any crime constituting a felony or involving dishonesty or moral turpitude; 

 

	 	(ii)	you engage in any activity that amounts to negligence and that significantly affects the business affairs or reputation of the company; 

 

	 	(iii)	you willfully fail to perform your duties, or perform your duties in a grossly negligent manner, which failure or performance continues for twenty (20) days after written notice from the company; or

  

	 	(iv)	you violate the Company’s standard policies, or the law, and such violation creates a substantial liability (actual or potential) for the company. 

 

	 	2.	Change of Control — 

  

	 	(i)	acquisition by any person or group, except for an employee benefit plan sponsored by the company, of beneficial ownership of 50% or more of the company’s voting securities in any combination; 

 

	 	(ii)	the sale of all or substantially all of the assets of MacDermid; or 

  

	 	(iii)	individuals, who as of January 1, 2002 are members of MacDermid’s Board of Directors (the “Incumbents”), and any additional individuals (“Additional Directors”) who are recommended to
become Directors by a majority of the Incumbents and/or any then previously so recommended and elected Additional Directors, cease for any reason to constitute a majority of the Board of Directors of MacDermid. 

Please indicate your acceptance and agreement by countersigning and returning this letter to my attention. 

 

	
	Sincerely,
	
	 /s/ Daniel H. Leever

	Daniel H. Leever

  

	
	Accepted and Agreed
	
	 /s/ John L. Cordani

	John L. Cordani

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