Document:

EX-4.11

Exhibit 4.11

SUPPLEMENTAL INDENTURE

     This Supplemental Indenture, dated as of September 16, 2008 (this “SUPPLEMENTAL INDENTURE” or
“GUARANTEE”), among Novelis PAE SAS (the “SUBSIDIARY GUARANTOR”), Novelis Inc. (together with its
successors and assigns, the “COMPANY” or the “ISSUER”), and The Bank of New York Mellon Trust
Company N.A. (formerly the Bank of New York Trust Company, N.A.), as Trustee under this Indenture
referred to below.

WITNESSETH:

     WHEREAS, the Issuer, certain of its affiliates as Subsidiary Guarantors (the “SUBSIDIARY
GUARANTORS”) and the Trustee have heretofore executed and delivered an Indenture, dated as of
February 3, 2005 (as amended, supplemented, waived or otherwise modified, the “INDENTURE”),
providing for the issuance of Notes of the Issuer (the “NOTES”);

     WHEREAS, Section 4.18 of this Indenture provides that the Company is required to cause each
new Subsidiary Guarantor to execute and deliver to the Trustee a supplemental indenture pursuant to
which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis with
the other Subsidiary Guarantors, the full and prompt payment of the principal of, premium, if any,
and interest on the Notes on a senior basis; and

     WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee and the Issuer are authorized
to execute and deliver this Supplemental Indenture to amend or supplement this Indenture, without
the consent of any Holder;

     NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Subsidiary Guarantor, the Issuer,
and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders as
follows:

ARTICLE I

DEFINITIONS

     SECTION 1.1 Defined Terms. As used in this Supplemental Indenture, terms defined in
this Indenture or in the preamble or recital hereto are used herein as therein defined, except that
the term “HOLDERS” in this Guarantee shall refer to the term “HOLDERS” as defined in this Indenture
and the Trustee acting on behalf or for the benefit of such Holders. The words “herein,” “hereof”
and “hereby” and other words of similar import used in this Supplemental Indenture refer to this
Supplemental Indenture as a whole and not to any particular section hereof.

 

 

ARTICLE II

AGREEMENT TO BE BOUND; GUARANTEE

     SECTION 2.1 Agreement to be Bound. The Subsidiary Guarantor hereby becomes a party to
this Indenture as a Subsidiary Guarantor and as such will have all of the rights and be subject to
all of the obligations and agreements of a Guarantor under this Indenture. The Subsidiary Guarantor
agrees to be bound by all of the provisions of this Indenture applicable to a Subsidiary Guarantor
and to perform all of the obligations and agreements of a Subsidiary Guarantor under this
Indenture.

     SECTION 2.2 Guarantee. The Subsidiary Guarantor agrees, on a joint and several basis
with all the existing Subsidiary Guarantors, to fully, unconditionally and irrevocably guarantee to
each Holder and the Trustee the Obligations on a senior basis as provided in Article Ten of this
Indenture, (a) the due and punctual payment of the principal of, premium, if any, and interest and
Special Interest, if any, on the Notes, whether at maturity, by acceleration, redemption or
otherwise, the due and punctual payment of interest on overdue principal and premium, if any, and,
to the extent permitted by law, interest and Special Interest, if any, and the due and punctual
performance of all other obligations of the Company to the Holders or the Trustee all in accordance
with the terms of the Indenture and (b) in case of any extension of time of payment or renewal of
any Notes or any of such other obligations, that the same will be promptly paid in full when due or
performed in accordance with the terms of the extension or renewal, whether at stated maturity, by
acceleration or otherwise. The obligations of the New Subsidiary Guarantors to the Holders, in
their capacities as such, of Notes and to the Trustee pursuant to the Guarantee and the Indenture
are expressly set forth in the Indenture, including Article 10 and Schedule A thereto, and
reference is hereby made to the Indenture for the precise terms and any limitations of the
Guarantee. This Guarantee is subject to release as and to the extent set forth in Sections 8.02,
8.03 and 10.05 of the Indenture. Each Holder of a Note, by accepting the same agrees to and shall
be bound by such provisions. Capitalized terms used herein and not defined are used herein as so
defined in the Indenture.

ARTICLE III

MISCELLANEOUS

     SECTION 3.1 Notices. All notices and other communications to the Subsidiary Guarantor
shall be given as provided in this Indenture to the Subsidiary Guarantor, at its address set forth
below, with a copy to the Issuer as provided in this Indenture for notices to the Issuer.

     SECTION 3.2 Parties. Nothing expressed or mentioned herein is intended or shall be
construed to give any Person, firm or corporation, other than the Holders and the Trustee, any
legal or equitable right, remedy or claim under or in respect of this Supplemental Indenture or
this Indenture or any provision herein or therein contained.

     SECTION 3.3 GOVERNING LAW. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

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     SECTION 3.4 Severability Clause. In case any provision in this Supplemental Indenture
shall be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction be
ineffective to the extent of such invalidity, illegality or unenforceability without affecting the
validity, legality and enforceability of the remaining provisions; and the invalidity of a
particular provision in a particular jurisdictions shall not invalidate such provision in any other
jurisdiction.

     SECTION 3.5 Ratification of Indenture; Supplemental Indentures Part of Indenture.
Except as expressly amended hereby, this Indenture is in all respects ratified and confirmed and
all the terms, conditions and provisions thereof shall remain in full force and effect. This
Supplemental Indenture shall form a part of this Indenture for all purposes, and every Holder
heretofore or hereafter authenticated and delivered shall be bound hereby. The Trustee makes no
representation or warranty as to the validity or sufficiency of this Supplemental Indenture.

     SECTION 3.6 Counterparts. The parties hereto may sign one or more copies of this
Supplemental Indenture in counterparts, each of which shall constitute an original, but all of
which when taken together shall constitute one and the same agreement.

     SECTION 3.7 Headings. The headings of the Articles and the sections in this
Supplemental Indenture are for convenience of reference only, are not part of this Supplemental
Indenture and shall not be deemed to alter or affect the meaning or interpretation of any
provisions hereof.

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

[Signature page follows]

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	 	NOVELIS INC.

 	 
	 	By:  	/s/ Leslie J. Parrette, Jr.
 	 
	 	 	Name:  	Leslie J. Parrette, Jr. 	 
	 	 	Title:  	General Counsel, Compliance 
 Officer and Secretary 	 
	 
	 	NEW SUBSIDIARY GUARANTOR:

NOVELIS PAE SAS

 	 
	 	By:  	/s/ Philippe Charlier
 	 
	 	 	Name:  	Philippe Charlier 	 
	 	 	Title:  	President 	 
	 
	 	TRUSTEE:

THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A.

 	 
	 	By:  	/s/ Stefan Victory
 	 
	 	 	Name:  	Stefan Victory 	 
	 	 	Title:  	Vice President 	 
	 

4EX-10.36

Exhibit 10.36

DEBU BHATTACHARYA

VICE-CHAIRMAN

April 11,
2009                                        
                                
                                         &nbs
p;      Personal & Confidential

Mr. Philip Martens

747 Country Club Road

Ann Arbor Michigan 48105

Dear Mr. Martens,

I am pleased to offer you an assignment in the Novelis corporate headquarters, as President &
Chief Operating Officer. This position will initially be based in Atlanta, Georgia but can be
relocated to any other location based on business needs. You report to Mr. Debu Bhattacharya, MD
Hindalco Industries Ltd. and Vice Chairman of Novelis Inc. The initial terms and conditions
applicable to your appointment to this position are as follows:

	1.	 	Position Title
	 
	 	 	President & Chief Operating Officer with Novelis Inc.
	 
	2.	 	Starting Date
	 
	 	 	The effective date of this position will be April 16, 2009 or an earlier date mutually
agreeable between us.
	 
	3.	 	Base Salary
	 
	 	 	The position of President & Chief Operating Officer will have an initial base salary of $700,000
annually. Currently Novelis has two pay periods per month. Your next salary review will be in
July 2010.
	 
	4.	 	Annual Incentive Plan
	 
	 	 	In addition to base salary, this position also includes participation in Novelis’ annual
incentive plan. The target payout for your position will be 90% of your base salary annually
i.e. $630,000. The performance measures for this plan are based on Novelis business performance
objectives. The performance measures, as of today, are EBITDA, free cash flow and EHS.
Depending on the level of the results, the actual bonus for the year pro-rated for service
could be as high as two times target or as low as zero. However, for the first year ending
March 2010, 50% of the target amount is guaranteed.

Aditya Birla Novelis

Aditya Birla Centre, S.K.Ahire Marg, Worli, Bombay — 400 030

Telephone: +91 22 66525499 Fax: +91 22 66525802

 

 

	 	 	Please note that you are eligible for AIP, only after completing a full performance year. For
details of the AIP Plan, please refer to the relevant employee communication document issued by
Novelis.
	 
	5.	 	Long Term Incentive Plan (LTIP)
	 
	 	 	You will be eligible to participate in the Novelis LTIP. The target opportunity for your level
is $2,000,000 annualized. We anticipate making a LTIP grant for FY 2010 in the form of stock
appreciation rights (SARs) based on Hindalco common shares. It is also anticipated that the SARs
will vest over a period of four years at the rate of 25% per year, subject to meeting
performance requirements linked to Operating EBITDA results.
	 
	 	 	The cash payout per SAR, shall be limited to 2.5 times the target opportunity per SAR if
exercised within one year of vesting or 3 times the target opportunity per SAR if exercised
after first year of vesting.
	 
	6.	 	Benefits
	 
	 	 	Novelis provides a wide range of benefits which are described in the attached Novelis Benefits
Overview as well as an annual company paid executive physical examination. Benefits include:

	 	t 	 	Savings and Retirement
	 
	 	t 	 	Life insurance.
	 
	 	t 	 	Medical and prescription drug plan for you and your eligible dependents.
	 
	 	t 	 	Dental coverage for you and your eligible dependents.
	 
	 	t 	 	Short-Term Disability.
	 
	 	t 	 	Long-Term Disability.
	 
	 	t 	 	Business Travel and Accident Insurance.
	 
	 	t 	 	Flex Perks — You will receive an annual stipend of $11,500, minus
required deductions, paid to you over 12 months. This amount is intended for your
personal use for club memberships, tax preparation services, professional financial
services, or as you may choose. The company does not otherwise pay club dues and/or
other services.

	7.	 	Relocation
	 
	 	 	The company will pay for the following for your relocation to Atlanta, Georgia:

	 	(a)	 	Miscellaneous relocation allowance in the net amount of $60,000.
	 
	 	(b)	 	For the first four months up to $3000 per month towards single
accommodation or family accommodation of up to $5000 per month.
	 
	 	(c)	 	Return trips (for you or your spouse) in economy class twice per month
during the first four months.

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	 	(d)	 	Closing costs associated with sale of home — 50% of costs including realtors’
cost/loss on sale will be reimbursed at actuals up to a maximum of $50,000.
	 
	 	(e)	 	Relocation of household goods to the Atlanta area will be reimbursed
at actuals up to two containers by land/sea.
	 
	 	(f)	 	Federal and state income tax preparation for the year of your move.

	8.	 	Vacation Entitlement
	 
	 	 	You will be entitled to 20 days of vacation for the calendar year 2009. Thereafter, your
vacation entitlement will be governed by Novelis’ vacation policy but will be no less than 25
days annually. You will also be entitled to the paid holidays in Novelis’ 2009 published
holiday schedule for the Atlanta office which includes nine (9) scheduled holidays and two (2)
personal days.
	 
	9.	 	Company Vehicle
	 
	 	 	You will be eligible to participate in the company leased vehicle program. The company will pay
the lease cost for a vehicle of your choosing to a maximum of $37,000 capitalized cost. Fuel,
maintenance, registration and insurance expenses are paid by the company. In accordance with
IRS regulations, use of a company provided vehicle for personal use is a taxable benefit to
you. Alternatively, you may elect to receive an additional $1,000 a month gross pay should you
decide not to have a company vehicle.
	 
	10.	 	Change in Control
	 
	 	 	Novelis will provide you with a separate Agreement that provides protection in the event of a
Change in Control.
	 
	11.	 	Severance and Other Termination Benefits
	 
	 	 	You shall be entitled to severance and other benefits if the Company terminates your employment
other than for Cause or you terminate your employment for Good Reason defined as follows:

	 	 	 	“Cause” means only (i) your conviction of any crime (whether or not involving the Company)
constituting a felony in the applicable jurisdiction; (ii) willful and material violation of
the Company’s policies, including, but not limited to, those relating to sexual harassment
and confidential information; (iii) willful misconduct in the performance of your duties for
the Company; or (iv) willful failure or refusal to perform your material duties and
responsibilities which is not remedied within ten (10) days after written demand from the
board of directors to remedy such failure or refusal.

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	 	 	 	“Good Reason” means any of the following if it shall occur without your express written
consent: (i) a material reduction in your position, duties, reporting relationships,
responsibilities, authority, or status with the Company; (ii) a reduction in your base salary
and target short term and long term incentive opportunities in effect on the date hereof or as
the same may be increased from time to time during the term of this Agreement; or (iii) any
failure of the Company to comply with its obligations under this Agreement, in each case which
is not remedied within ten (10) days after written demand by you to remedy such reduction or
failure.

Your right to receive severance and benefits shall be subject to the terms and conditions of the
Company’s release from and waiver by you of claims, non-compete agreement and non-solicitation
agreement for executive employees. No payments or benefits shall be paid unless you execute such
release and waiver of claims, non-compete agreement and non-solicitation agreement. The release
shall not release your right to receive indemnification and defense from the Company for any
claims arising out of the performance of your duties on behalf of the Company. Termination of
employment due to Cause, Death, Disability or Retirement at any time shall not give rise to any
rights to compensation.

(a) Severance Pay. The Company shall pay a lump sum cash amount equal to: [A x (B + C)] -
D, where

“A” equals a multiplier of 2.0;

“B” equals your annual base salary (including all amounts of such base salary that are
voluntarily deferred under any qualified and non-qualified plans of the Company)
determined at the rate in effect as of the date of such termination of employment;

“C” equals your target short term incentive opportunity for the calendar year in which
the termination occurs; and

“D” equals the amount of severance payments, if any, paid or payable to you by the
Company other than pursuant to this Agreement; it being expressly understood that the
purpose of this deduction is to avoid any duplication of payments to you.

(b) Other Benefits.

(i) If you are not eligible for retiree medical benefits and are covered under the
Company’s group health plan at the time of your termination of employment, the Company
shall pay an additional lump sum cash amount for the purpose of assisting you with the
cost of post-employment medical continuation coverage equal to: (C x M) / (1 — T), where

“C” equals the full monthly COBRA premium charged for coverage under the Company’s
group medical plan at your then current level of coverage;

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“M” equals twelve (12) months; and

“T” equals an assumed tax rate of 40%.

(ii) To the extent available, you shall be entitled to continue coverage under the
Company’s group life plan for a period of twelve (12) months at your
pre-termination level of coverage.

(iii) You shall be entitled to twelve (12) months of additional credit for benefit
accrual and contribution allocation purposes including credit for age, service and
earnings prorated over twelve (12) months under the Company’s tax-qualified and
non-qualified pension, savings or other retirement plans; provided that if
applicable provisions of the Code prevent payment in respect of such credit under
the Company’s tax-qualified plans, such payments shall be made under the Company’s
non-qualified plans.

(iv) To the extent you are not already fully vested under the Company’s
tax-qualified and non-qualified retirement pension, savings and other retirement
plans, you shall become 100% vested under such plans; provided that if applicable
provisions of the Code prevent accelerated vesting under the Company’s
tax-qualified plans, an equivalent benefit shall be payable under the Company’s
non-qualified plans.

Notwithstanding the foregoing provisions of this paragraph 11 or any other provision in this
Agreement, if you are a “specified employee” within the meaning of Code Section 409A, then all
payments under this Agreement shall be delayed for a period of six (6) months to the extent
required by Section 409A.

Should you decide to voluntarily separate from the company you will have to give the company a 3
month notice and will not be entitled to any of the payments in this paragraph 11.

12. Code Section 409A

To the extent applicable, this Agreement shall be interpreted in accordance with Section 409A of
the Code and the applicable U.S. Treasury regulations and other interpretative guidance issued
thereunder, including without limitation any regulations or other guidance that may be issued after
the effective date of this Agreement. Notwithstanding any provision of the Agreement to the
contrary, the Company may adopt such amendments to the Agreement or adopt other policies and
procedures, or take any other actions, that the Company determines is necessary or appropriate to
exempt the Agreement from Section 409A and/or preserve the intended tax treatment of the benefits
provided hereunder, or to comply with the requirements of Section 409A and related U.S. Treasury
guidance, as long as such changes do not reduce the overall compensation.

5

 

	13.	 	Non-Competition
	 
	13.1	 	Competing Entities: In this Agreement, “Competing Entities” includes any entity whose major
business operations consist of manufacturing or recycling of aluminum, alumina, or downstream
rolled aluminum products.
	 
	13.2	 	Competitive Activities: You covenant and agree that, while employed with the Company and for
24 months thereafter, you shall not, directly or indirectly, in any manner whatsoever
including, without limitation, either individually, or in partnership, jointly or in
conjunction with any other person, or as employee, principal, agent, consultant, director,
shareholder, lender or otherwise:

	 	(a)	 	be engaged actively in or by any Competing Entities in order to provide
products or services similar to the products and services provided by the Company;
	 
	 	(b)	 	have any financial or other interest including, without limitation, an interest
by way of royalty or other compensation arrangements, in or in respect of any Competing
Entities, excluding the ownership of not more than 5% of the issued shares of any such
Competing Entities, the shares of which are listed on a recognized stock exchange or
traded in the over-the-counter market; or
	 
	 	(c)	 	advise, lend money to or guarantee the debts or obligations of any Competing
Entities.

	14.	 	Non-Solicitation
	 
	14.1	 	Customers and Suppliers: You covenant and agree that, while employed with the Company and
for 24 months thereafter, you will not, in any manner, directly or indirectly, by any means,
in any capacity, in order to direct away from the Company, approach, solicit, or contact any
customers or suppliers of the Company who have actively done business with the Company in the
preceding 24 months, or any prospective customer or supplier that the Company approached,
solicited or contacted in the preceding 24 months, or attempt to do any of the foregoing, in
order to offer or obtain services or products that compete with the business of the Company
(or any material part thereof) as conducted at the time of the cessation of the your
employment or during the twelve-month period prior to such date or contemplated to be carried
on in its most recent annual business plan.
	 
	14.2	 	Employees: You covenant and agree that, while employed with the Company and for 24 months
thereafter, you will not induce or solicit, or attempt to induce or solicit, or assist any
person to induce or solicit, any management or higher employee, contractor or advisor of the
Company, or assist or encourage any management or higher employee, contractor or advisor of
the Company, to accept employment or engagement elsewhere that competes with the business of
the Company (or any material part thereof) as conducted at the time of the cessation of your
employment or any other business conducted by the Company

6

 

	 	 	during the twelve-month period prior to such date or contemplated to be carried on in its
most recent annual business plan.

	15.	 	Governing Law

This letter agreement shall be governed by, and shall be construed in accordance with, the
internal laws (and not the laws of conflicts) of the State of Georgia.

	16.	 	This offer is conditional upon all of the following:

	(a)	 	Your passing a pre-placement drug screen test to ensure your suitability for the required
tasks. Information about the drug screen test is enclosed.
	 
	(b)	 	Completion of an Employment Application. Please complete and return the enclosed Employment
Application with your signed copy of this offer letter. The employment application is for
internal data collection purposes only.
	 
	(c)	 	In order for the Company to comply with the Immigration Reform and Control Act of 1986, you
must provide documentation of your identity and legal eligibility for employment by Novelis in
the United States. You must bring this documentation with you on your first day of employment.
	 
	(d)	 	This offer/future employment is further contingent upon your maintaining your Employment
Authorization in the United States with the Immigration and Naturalization Service. You will
be required to annually show proof of renewal of the Employment Authorization.

	17.	 	No Obligation to Mitigate Damages; No Effect on Other Contractual Rights.
	 
	(a)	 	You shall not be required to mitigate damages or the amount of any payment provided for
under this Agreement by seeking other employment or otherwise, nor shall the amount of any
payment provided for under this Agreement be reduced by any compensation earned by you as the
result of employment by another employer after your termination of employment, or otherwise.
	 
	(b)	 	The provisions of this Agreement, and any payment provided for hereunder, shall not reduce
any amounts otherwise payable, or in any way diminish your existing rights, or rights which
would accrue solely as a result of the passage of time, under any employee benefit plan or
arrangement providing retirement benefits or health, life, disability or similar welfare
benefits.
	 
	18.	 	Successor to the Company.

The Company will require any successor or assign (whether direct or indirect, by purchase, merger,
consolidation or otherwise) to all or substantially all of the business and/or assets of the
Company to absolutely and unconditionally assume and agree to perform this Agreement in the same
manner and to the same extent that the Company would be required to perform it if no such
succession or assignment had taken place.

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Any failure of the Company to obtain such assumption and agreement prior to the effectiveness of
any such succession or assignment shall entitle you to terminate your employment for Good Reason.

	19.	 	Indemnification.

The Company will provide full indemnification to the maximum extent permitted under the Company’s
by-laws and applicable law. The Company shall maintain directors and officers liability insurance
coverage in an amount reasonably anticipated to satisfy such indemnification during your employment
and at all times thereafter for the duration of any period of limitations during which any action
may be brought against you.

	20.	 	General.
	 
	20.1	 	All the information in this letter, including eligibility for participation in compensation
and benefit plans, is subject to the terms of the applicable plan documents and policies,
which are subject to change during the normal course of Novelis business, but shall not
result in an overall reduction of your compensation or terms and conditions of your
employment. Your employment at Novelis is “at-will” and either you or Novelis may decide to
terminate the employment relationship at any time and for any reason, except as provided by
law. The terms of this letter, therefore, do not and are not intended to create either an
express or implied contract of employment with Novelis for any particular duration.
	 
	20.2	 	In carrying out the Company’s business, employees often learn confidential or proprietary
information about the Company, its customers, suppliers, or joint venture parties. Employees
must maintain the confidentiality of all information so entrusted to them, except when
disclosure is authorized or legally mandated. Confidential or proprietary information of the
Company, and of other companies, includes any non-public information that would be harmful to
the relevant company or useful or helpful to competitors if disclosed. You will find more
information about this in the Code of Conduct. By signing below, you acknowledge you have
received a copy of the Novelis/Aditya Birla Group Code of Conduct. You are also required to
complete the Novelis Inc. Employee Information Agreement. Please return the enclosed Novelis
Inc. Employee Information Agreement with your signed copy of this offer letter.

I trust the above is acceptable to you. If you have any questions about the offer, please feel
free to contact me.

If you agree with the above, please sign and return a copy of this letter to me by April 13, 2009.

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On behalf of Novelis, I look forward to welcoming you to our team.

Sincerely,

/s/ Debu Bhattacharya

Debu Bhattacharya

Vice Chairman

	 	 	 	 	 
	Accepted:

	 	/s/ Philip R. Martens
	 	 
	 

	 	 	 	 
	 

	 	(name & signature)	 	 
	 
	 	 	 	 
	Date:

	 	 	 	 
	 

	 	 	 	 

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