Document:

Exhibit 4.1

 

SECOND SUPPLEMENTAL INDENTURE

 

SECOND SUPPLEMENTAL
INDENTURE dated as of December 17, 2013 (this “Second Supplemental Indenture”), by and among Prestige
Brands, Inc., a Delaware corporation (the “Issuer”), the guarantors listed on the signature pages thereto
(the “Guarantors”) and U.S. Bank National Association, a national banking association duly organized
and existing under the laws of the United States of America, as trustee (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the Issuer,
the Guarantors, and the Trustee have entered into an Indenture dated as of March 24, 2010 (the “Base Indenture”)
in connection with the issuance of $150,000,000 of the Issuer’s 8.25% Senior Notes due 2018 (the “Initial Notes”);

 

WHEREAS, the Issuer,
the Guarantors, and the Trustee have entered into a First Supplemental Indenture dated as of November 1, 2010 (the “First
Supplemental Indenture” and collectively with the Base Indenture, the “Indenture”) in connection
with the issuance of $100,000,000 of the Issuer’s 8.25% Senior Notes due 2018 (the “Additional Notes”
and collectively with the Initial Notes, the “Notes”);

 

WHEREAS, Section 9.02
of the Indenture provides that the Issuer, the Guarantors and the Trustee may, with the consent of the Holders of at least a majority
in principal amount of the Notes then outstanding voting as a single class (including consents obtained in connection with a tender
offer or exchange offer for, or purchase of, the Notes) (the “Requisite Consents”), amend or supplement
the Indenture, subject to certain limitations set forth in the Indenture;

 

WHEREAS, the Issuer
has been authorized by resolutions of its Board of Directors to enter into this Second Supplemental Indenture;

 

WHEREAS, the Issuer
has offered to purchase for cash any and all of the outstanding Notes upon the terms and subject to the conditions set forth in
the Offer to Purchase and Consent Solicitation Statement dated December 3, 2013, as the same may be amended, supplemented or modified
(the “Statement”);

 

WHEREAS, the Issuer
desires to amend certain provisions of the Indenture, as set forth in Article I of this Second Supplemental Indenture (the “Proposed
Amendments”);

 

WHEREAS, the Issuer
has received and delivered to the Trustee the Requisite Consents to effect the Proposed Amendments under the Indenture; and

 

WHEREAS, all acts necessary
to make this Second Supplemental Indenture the legal valid and binding obligation of the Issuer has been done.

 

NOW, THEREFORE, in
consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the
Issuer, the 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 THE INDENTURE

 

Section
101          Amendments
to Articles 1, 4 and 5 of the Indenture. Upon written notification to the Trustee by the Issuer that it has accepted for purchase
and payment (the “First Settlement Date”) all of the Notes validly tendered on or prior to 5:00 pm, New
York City time, on December 16, 2013 pursuant to the Statement, then automatically (without further act by any person), the following
amendments shall be made to the Indenture:

 

(a)               
The following sections of the Indenture and all references thereto in the Indenture will be deleted in their entirety
and the Issuer and the Guarantors shall be released from their obligations under the following sections of the Indenture:

 

		·	Section 4.02. Maintenance of Office of Agency;

 

		·	Section 4.03. Reports;

 

		·	Section 4.04. Compliance Certificate;

 

		·	Section 4.05. Taxes;

 

		·	Section 4.06. Stay, Extension and Usury Laws;

 

		·	Section 4.07. Corporate Existence;

 

		·	Section 4.08. Payments for Consent;

 

		·	Section 4.09. Incurrence of Additional Debt;

 

		·	Section 4.10. Restricted Payments;

 

		·	Section 4.11. Liens;

 

		·	Section 4.12. Asset Sales;

 

		·	Section 4.13 Restrictions on Distributions from Restricted
Subsidiaries;

 

		·	Section 4.14. Affiliate Transactions;

 

		·	Section 4.17. Designation of Restricted and Unrestricted
Subsidiaries;

 

		·	Section 4.18. Repurchase at the Option of Holders upon
a Change of Control;

 

		·	Section 4.19. Future Guarantors;

 

 

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		·	Section 5.01. Merger, Consolidation and Sale of Assets;
and

 

		·	Section 5.02. Successor Corporation Substituted;

 

(b)              
Failure to comply with the terms of any of the foregoing Sections of the Indenture shall no longer constitute a Default
or an Event of Default under the Indenture and shall no longer have any other consequence under the Indenture.

 

(c)               
All Events of Default under the Indenture, with the exception of the failure to pay principal, premium or interest
on the Notes, shall be deleted in their entirety, including all references thereto.

 

(d)              
All definitions set forth in Sections 1.01 and 1.02 of the Indenture that relate to defined terms used solely in
covenants or sections deleted hereby shall be deleted in their entirety, including all references thereto.

 

Article
II

MISCELLANEOUS

 

Section
201          Capitalized
Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 

Section
202          Instruments
To Be Read Together. This Second Supplemental Indenture is executed as and shall constitute an indenture supplemental to and
in implementation of the Indenture, and said Indenture and this Second Supplemental Indenture shall henceforth be read together.
This Second Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Notes shall be bound
hereby and thereby.

 

Section
203          Confirmation.
The Indenture as amended and supplemented by this Second Supplemental Indenture is in all respects confirmed and preserved.

 

Section
204          Trust
Indenture Act Controls. If any provision of this Second Supplemental Indenture limits, qualifies or conflicts with another
provision that is required to be included in this Second Supplemental Indenture or the Indenture by the Trust Indenture Act of
1939, as amended, as in force at the date that this Second Supplemental Indenture is executed, the provisions required by such
Trust Indenture Act shall control.

 

Section
205          GOVERNING
LAW. THIS SECOND SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK.

 

Section
206          Counterparts.
The parties may sign any number of copies of this Second Supplemental Indenture. Each signed copy shall be an original, but all
of them together represent the same agreement.

 

Section
207          Effect
of Headings. The Article and Section headings herein are for convenience only and shall not affect the construction hereof.

 

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Section
208          Effectiveness;
Termination. The provisions of this Second Supplemental Indenture will become effective immediately upon its execution by the
Trustee in accordance with the provisions of Sections 9.02 of the Indenture; provided, that the amendments to the Indenture set
forth in Article I of this Second Supplemental Indenture shall become operative as specified in Article I hereof. Prior to the
First Settlement Date, the Issuer may terminate this Second Supplemental Indenture upon written notice to the Trustee (it being
understood that the Issuer, subsequent thereto, will enter into a substitute supplemental indenture).

 

Section
209          Acceptance
by the Trustee . The Trustee accepts the amendments to the Indenture effected by this Second Supplemental Indenture and agrees
to execute the trusts created by the Indenture as hereby amended, but only upon the terms and conditions set forth in the Indenture.

 

Section
210          The
Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of
this Second Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely
by the Issuer.

 

[Signature Page Follows]

 

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

 

PRESTIGE BRANDS, INC.

 

By: /s/ Ron Lombardi

Name: Ronald M. Lombardi

Title: Chief Financial Officer

 

PRESTIGE BRANDS HOLDINGS, INC.

PRESTIGE SERVICES CORP.

PRESTIGE BRANDS HOLDINGS, INC.

PRESTIGE BRANDS INTERNATIONAL, INC.

MEDTECH HOLDINGS, INC.

MEDTECH PRODUCTS INC.

THE CUTEX COMPANY

THE SPIC AND SPAN COMPANY

BLACKSMITH BRANDS, INC.

 

as Guarantors

 

By: /s/ Ron Lombardi

Name: Ronald M. Lombardi

Title: Chief Financial Officer

 

 

 

Signature Page to Second Supplemental
Indenture - 2018 Notes

 

    	

    	 

    

 

 

U.S. BANK NATIONAL ASSOCIATION, as Trustee

 

By: /s/ Raymond S. Haverstock

Authorized
Signatory

 

 

 

Signature Page to Second Supplemental
Indenture - 2018 NotesOctober 1, 2012

 

 

Mr. Ben Plummer

10040 East Happy Valley Road

#339

Scottsdale, AZ 85255

 

Dear Ben:

 

The purpose of this letter is to memorialize
the terms of your eligibility for severance with Datawatch Corporation (“the Company”) in the event that you are involuntarily
terminated by the Company without Cause (as defined in Paragraph 3) or if you terminate your employment for Good Reason (as defined
in Paragraph 2).

 

1.          As
an at-will employee, either you or the Company may terminate your employment at any time for any or no reason with or without notice.
Neither this letter nor its terms constitute a contract for continued employment or a contract for a specific term of employment.
Instead, this letter sets forth the terms of our agreement with respect to your eligibility for severance.

 

2.          In
the event that you voluntarily terminate your employment with the Company at your own election and without Good Reason, you shall
be entitled to no severance. For the purpose of this Agreement, “Good Reason” is defined as a material diminution in
the nature or scope of your responsibilities, duties or authority; provided, however, that the transfer of certain job responsibilities,
or the assignment to others of your duties and responsibilities while you are out of work due to a disability or on a leave of
absence for any reason, shall not constitute a material diminution in the nature or scope of the your responsibilities, duties
or authority as set forth in this Section.

 

3.          In
the event that the Company terminates your employment for “Cause,” you shall be entitled to no severance. Termination
by the Company shall constitute a termination for Cause under this Paragraph 3 if such termination is for one or more of the
following reasons:

 

(a)          the
willful and continuing failure or refusal by you to render services to the Company in accordance with your obligations to the Company;

 

(b)          gross
negligence, dishonesty, breach of fiduciary duty or breach of the terms of any other agreements executed in connection herewith;

    	 

    	 

    

 

(c)          the
commission by you of an act of fraud, embezzlement or substantial disregard of the rules or policies of the Company;

 

(d)          acts
which, in the judgment of the Board of Directors, would tend to generate significant adverse publicity toward the Company;

 

(e)          the
commission, or plea of nolo contendere, by you of a felony; or

 

(f)          a
breach by you of the terms of the Proprietary Information, Inventions and Non-Competition Agreement executed by you.

 

4.          In
the event that the Company terminates your employment for any reason other than those stated in Paragraph 3 above or if you terminate
your employment for Good Reason as defined in Paragraph 2, and you sign a comprehensive release in the form, and of a scope,
acceptable to the Company (the “Release”), the Company will pay you severance payments in equal monthly installments
at your then monthly base salary for six months following your termination (the “Severance Period”). Such payments
shall be made in accordance with the Company’s customary payroll practices and shall be subject to all applicable federal
and state withholding, payroll and other taxes.

 

If you breach your post-employment obligations
under your Proprietary Information Inventions and Non-Competition Agreement, the Company may immediately cease payment of all severance
and/or benefits described in this Agreement. This cessation of severance and/or benefits shall be in addition to, and not as an
alternative to, any other remedies in law or in equity available to the Company, including the right to seek specific performance
or an injunction.

 

5.          The
terms of this agreement constitute the entire understanding relating to your employment and supersede and cancel all agreements,
written or oral, made prior to the date hereof between you and the Company relating to your employment with the Company; provided,
however, that nothing herein shall be deemed to limit or terminate the provisions of Proprietary Information, Inventions and Non-Competition
Agreement executed by you or in any manner alter the terms of any stock option entered into between you and the Company.

 

6.          This
Agreement, the employment relationship contemplated herein and any claim arising from such relationship, whether or not arising
under this Agreement, shall be governed by and construed in accordance with the internal laws of Massachusetts, without giving
effect to the principles of choice of law or conflicts of law of Massachusetts and this Agreement shall be deemed to be performable
in Massachusetts. Any claims or legal actions by one party against the other arising out of the relationship between the parties
contemplated herein (whether or not arising under this Agreement) shall be commenced or maintained in any state or federal court
located in Massachusetts, and Executive hereby submits to the jurisdiction and venue of any such court.

 

7.          No
waiver by either party of any breach by the other or any provision hereof shall be deemed to be a waiver of any later or other
breach thereof or as a waiver of any other provision of this Agreement. This Agreement and its terms may not be waived, changed,
discharged or terminated orally or by any course of dealing between the parties, but only by an instrument in writing signed by
the party against whom any waiver, change, discharge or termination is sought. No modification or waiver by the Company shall be
effective without the consent of the Board of Directors then in office at the time of such modification or waiver.

 

    	 

    	 

    

 

8.          You
acknowledge that the services to be rendered by you to the Company are unique and personal in nature. Accordingly, you may not
assign any of your rights or delegate any of your duties or obligations under this Agreement. The rights and obligations of the
Company under this Agreement may be assigned by the Company and shall inure to the benefit of, and shall be binding upon, the successors
and assigns of the Company.

 

If this letter correctly states the understanding
we have reached, please indicate your acceptance by countersigning the enclosed copy and returning it to me.

 

	 	Very truly yours,
	 	 
	 	DATAWATCH CORPORATION
	 	 
	 	/s/ Michael A. Morrison
	 	Michael A. Morrison
	 	Chief Executive Officer

 

YOU REPRESENT THAT YOU HAVE READ THE FOREGOING AGREEMENT, THAT
YOU FULLY UNDERSTAND THE TERMS AND CONDITIONS OF SUCH AGREEMENT AND THAT YOU ARE VOLUNTARILY EXECUTING THE SAME.

 

ACCEPTED:

 

	/s/ Ben Plummer	10/1/12	 
	 Ben Plummer	Date

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