Document:

exv10w1

Exhibit 10.1

AMENDMENT TO EMPLOYMENT AGREEMENT

     THIS AMENDMENT TO EMPLOYMENT AGREEMENT (“Amendment”) is made and entered into effective as of
June 30, 2009 (the “Effective Date”), by and between Newpark Resources, Inc., a Delaware
corporation (the “Company”), and William D. Moss, an employee and executive officer of the Company
(“Executive”).

     WHEREAS, the Company and the Executive have previously entered into that certain Employment
Agreement dated June 2, 2008, as amended on April 23, 2009 (as amended, the “Employment
Agreement”), setting forth the terms and conditions under which the Executive shall be employed by
the Company and serve as the Vice President of the Company and the President of Newpark Mats and
Integrated Services (“NMIS”);

     WHEREAS, pursuant to a consolidation of NMIS with the Company’s Environmental Services
business, the Executive will no longer serve as the President of NMIS ;

     WHEREAS, as a result of the changes in the Executive’s position and related responsibilities
(the “Employment Events”), the Executive has a right to terminate his employment for Good Reason
pursuant to Section 2.3 of the Employment Agreement; and

     WHEREAS, the Company and the Executive desire to enter into this Amendment to set forth the
parties’ agreements concerning the Executive’s continued employment by the Company and the parties’
respective termination rights arising from the Employment Events.

     NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth,
by good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged
and confessed, the parties hereby agree as follows:

     1. Defined Terms. Capitalized terms not otherwise defined herein shall have the meanings set
forth in the Employment Agreement.

     2. Change in Executive Position. Commencing as of the Effective Date, the Executive shall no
longer serve as the President of NMIS. The Company desires to continue to retain the services of
the Executive, and the Executive agrees to continue to serve, as Vice President, Corporate Strategy
and Development, of the Company pursuant to which he will serve under the direction and supervision
of the Chief Executive Office of the Company and shall perform such duties as assigned to the
Executive from time to time.

     3. Amendment to Termination Provisions. As a result of the Employment Events and the change in
the Executive’s position as described above, the parties have agreed to amend the Employment
Agreement as follows:

          (a) The Executive agrees that he shall not have the right to terminate his employment for Good
Reason as a result of the Employment Events at any time prior to January 1, 2010. The Executive
shall have the right to terminate his employment for Good Reason as a result of
the Employment
Events within the twenty (20) day period immediately following January 1, 2010 by providing written
notice thereof to the Company. If the Executive fails to timely provide written notice of his
termination of employment for Good Reason as a result of

 

 

the Employment Events within such twenty
(20) day period, the Executive shall be deemed to have conclusively waived any right he may have
under the Employment Agreement to terminate his employment for Good Reason as a result of the
Employment Events.

          (b) In consideration of the foregoing agreements by the Executive, the Company agrees that it
shall not have the right to terminate the Executive’s employment without Cause at any time prior to
January 20, 2010.

          (c) Except as otherwise provided herein, the Employment Agreement shall remain in full force
and effect.

     4. Miscellaneous.

          (a) This Amendment may be executed in any number of counterparts with the same effect as if
all the parties herein signed the same document. All counterparts shall be construed together and
shall constitute one agreement.

          (b) This Amendment shall be governed by and construed in accordance with the laws of the State
of Texas for all purposes and in all respects, without regard to the conflict of law provisions of
such state.

     IN WITNESS WHEREOF, the parties have executed this Amendment to Employment Agreement on June
30, 2009, 2009 but effective for all purposes as of the Effective Date.

	 	 	 	 	 	 	 
	 	 	NEWPARK RESOURCES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Paul L. Howes 	 	 
	

		
		

		
	 

	 	Name:
	 	Paul Howes
	 	 
	 

	 	Title:
	 	President & CEO
	 	 
	 
	 	 	 	 	 	 
	 	 	/s/ William D. Moss 
	 	 
	 	 	 	 	 
	 	 	William D. Moss (Executive)	 	 

-2-exv4w1

Exhibit 4.1

 

CINEMARK USA, INC.,

THE GUARANTORS FROM TIME

TO TIME PARTIES HERETO

and

WELLS FARGO BANK, N.A.

as Trustee

 

INDENTURE

Dated as of June 29, 2009

8.625% SENIOR NOTES DUE 2019

 

 

 

CROSS-REFERENCE TABLE*

	 	 	 
	Trust Indenture	 	 
	Act Section	 	Indenture Section
	310(a)(1)
	 	7.10
	(a)(2)
	 	7.10
	(a)(3)
	 	N.A.
	(a)(4)
	 	N.A.
	(a)(5)
	 	7.10
	(b)
	 	7.10
	(c)
	 	N.A.
	311(a)
	 	7.11
	(b)
	 	7.11
	(c)
	 	N.A.
	312(a)
	 	2.05
	(b)
	 	12.03
	(c)
	 	12.03
	313(a)
	 	7.06
	(b)(1)
	 	10.03
	(b)(2)
	 	7.06, 7.07
	(c)
	 	7.06, 12.02
	(d)
	 	7.06
	314(a)
	 	4.03, 12.05
	(a)(1)
	 	N.A.
	(a)(2)
	 	N.A.
	(a)(3)
	 	N.A.
	(a)(4)
	 	12.05
	(b)
	 	N.A.
	(c)(1)
	 	N.A.
	(c)(2)
	 	N.A.
	(c)(3)
	 	N.A.
	(d)
	 	N.A.
	(e)
	 	12.05
	(f)
	 	NA
	315(a)
	 	7.01
	(b)
	 	N.A.
	(c)
	 	7.01
	(d)
	 	7.01
	(e)
	 	6.11
	316(a)(last sentence)
	 	2.09
	(a)(1)(A)
	 	6.05
	(a)(1)(B)
	 	6.04
	(a)(2)
	 	N.A.
	(b)
	 	6.07
	(c)
	 	2.12
	317(a)(1)
	 	6.08
	(a)(2)
	 	6.09
	(b)
	 	2.04
	318(a)
	 	N.A.
	(b)
	 	N.A.
	(c)
	 	12.01

 

 

 

			
	N.A. means Not Applicable
	 
	*	 	This Cross-Reference Table is not part of the Indenture

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page
	ARTICLE 1. DEFINITIONS AND INCORPORATION BY REFERENCE
	 	 	1	 
	 
	 	 	 	 
	SECTION 1.01. Definitions
	 	 	1	 
	SECTION 1.02. Other Definitions
	 	 	29	 
	SECTION 1.03. Incorporation by Reference of TIA
	 	 	29	 
	SECTION 1.04. Rules of Construction
	 	 	30	 
	 
	 	 	 	 
	ARTICLE 2. THE NOTES
	 	 	30	 
	 
	 	 	 	 
	SECTION 2.01. Form and Dating
	 	 	30	 
	SECTION 2.02. Execution and Authentication
	 	 	31	 
	SECTION 2.03. Registrar and Paying Agent
	 	 	32	 
	SECTION 2.04. Paying Agent to Hold Money in Trust
	 	 	32	 
	SECTION 2.05. Holder Lists
	 	 	33	 
	SECTION 2.06. Transfer and Exchange
	 	 	33	 
	SECTION 2.07. Replacement Notes
	 	 	47	 
	SECTION 2.08. Outstanding Notes
	 	 	48	 
	SECTION 2.09. Treasury Notes
	 	 	48	 
	SECTION 2.10. Temporary Notes
	 	 	48	 
	SECTION 2.11. Cancellation
	 	 	49	 
	SECTION 2.12. Defaulted Interest
	 	 	49	 
	SECTION 2.13. Issuance of Additional Notes
	 	 	49	 
	SECTION 2.14. One Class of Securities
	 	 	50	 
	SECTION 2.15. CUSIP, ISIN or Other Similar Numbers
	 	 	50	 
	 
	 	 	 	 
	ARTICLE 3. REDEMPTION AND PREPAYMENT
	 	 	50	 
	 
	 	 	 	 
	SECTION 3.01. Notices to Trustee
	 	 	50	 
	SECTION 3.02. Selection of Notes to Be Redeemed
	 	 	50	 
	SECTION 3.03. Notice of Redemption
	 	 	51	 
	SECTION 3.04. Effect of Notice of Redemption
	 	 	51	 
	SECTION 3.05. Deposit of Redemption Price
	 	 	51	 
	SECTION 3.06. Notes Redeemed in Part
	 	 	52	 
	SECTION 3.07. Optional Redemption
	 	 	52	 
	SECTION 3.08. Mandatory Redemption
	 	 	53	 
	 
	 	 	 	 
	ARTICLE 4. COVENANTS
	 	 	53	 
	 
	 	 	 	 
	SECTION 4.01. Payment of Notes
	 	 	53	 
	SECTION 4.02. Maintenance of Office or Agency
	 	 	53	 
	SECTION 4.03. Reports
	 	 	54	 
	SECTION 4.04. Compliance Certificate
	 	 	55	 
	SECTION 4.05. Taxes
	 	 	55	 
	SECTION 4.06. Stay, Extension and Usury Laws
	 	 	55	 
	SECTION 4.07. Restricted Payments
	 	 	56	 
	SECTION 4.08. Dividend and Other Payment Restrictions Affecting Subsidiaries
	 	 	60	 
	SECTION 4.09. Incurrence of Indebtedness and Issuance of Preferred Stock
	 	 	62	 
	SECTION 4.10. Asset Sales
	 	 	66	 

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	 	 	Page
	SECTION 4.11. Transactions with Affiliates
	 	 	69	 
	SECTION 4.12. Liens
	 	 	70	 
	SECTION 4.13. Business Activities
	 	 	71	 
	SECTION 4.14. Corporate Existence
	 	 	71	 
	SECTION 4.15. Offer to Repurchase upon Change of Control
	 	 	71	 
	SECTION 4.16. Future Guarantors
	 	 	72	 
	SECTION 4.17. Designation of Restricted and Unrestricted Subsidiaries
	 	 	73	 
	 
	 	 	 	 
	ARTICLE 5. SUCCESSORS
	 	 	73	 
	 
	 	 	 	 
	SECTION 5.01. Merger, Consolidation or Sale of Assets
	 	 	73	 
	SECTION 5.02. Successor Corporation Substituted
	 	 	74	 
	 
	 	 	 	 
	ARTICLE 6. DEFAULTS AND REMEDIES
	 	 	74	 
	 
	 	 	 	 
	SECTION 6.01. Events of Default
	 	 	74	 
	SECTION 6.02. Acceleration
	 	 	76	 
	SECTION 6.03. Other Remedies
	 	 	77	 
	SECTION 6.04. Waiver of Past Defaults
	 	 	77	 
	SECTION 6.05. Control by Majority
	 	 	77	 
	SECTION 6.06. Limitation on Suits
	 	 	77	 
	SECTION 6.07. Rights of Holders of Notes to Receive Payment
	 	 	78	 
	SECTION 6.08. Collection Suit by Trustee
	 	 	78	 
	SECTION 6.09. Trustee May File Proofs of Claim
	 	 	78	 
	SECTION 6.10. Priorities
	 	 	78	 
	SECTION 6.11. Undertaking for Costs
	 	 	79	 
	 
	 	 	 	 
	ARTICLE 7. TRUSTEE
	 	 	79	 
	 
	 	 	 	 
	SECTION 7.01. Duties of Trustee
	 	 	79	 
	SECTION 7.02. Rights of Trustee
	 	 	80	 
	SECTION 7.03. Individual Rights of Trustee
	 	 	81	 
	SECTION 7.04. Trustee’s Disclaimer
	 	 	82	 
	SECTION 7.05. Notice of Defaults
	 	 	82	 
	SECTION 7.06. Reports by Trustee to Holders of the Notes
	 	 	82	 
	SECTION 7.07. Compensation and Indemnity
	 	 	82	 
	SECTION 7.08. Replacement of Trustee
	 	 	83	 
	SECTION 7.09. Successor Trustee by Merger, Etc
	 	 	84	 
	SECTION 7.10. Eligibility; Disqualification
	 	 	84	 
	SECTION 7.11. Preferential Collection of Claims Against the Company
	 	 	84	 
	 
	 	 	 	 
	ARTICLE 8. LEGAL DEFEASANCE AND COVENANT DEFEASANCE
	 	 	84	 
	 
	 	 	 	 
	SECTION 8.01. Option to Effect Legal Defeasance or Covenant Defeasance
	 	 	84	 
	SECTION 8.02. Legal Defeasance and Discharge
	 	 	84	 
	SECTION 8.03. Covenant Defeasance
	 	 	85	 
	SECTION 8.04. Conditions to Legal or Covenant Defeasance
	 	 	85	 
	SECTION 8.05. Deposited Money and Government Securities to Be Held
in Trust; Other Miscellaneous Provisions
	 	 	86	 
	SECTION 8.06. Repayment to the Company
	 	 	87	 
	SECTION 8.07. Reinstatement
	 	 	87	 

-ii-

 

	 	 	 	 	 
	 	 	Page
	ARTICLE 9. AMENDMENT, SUPPLEMENT AND WAIVER
	 	 	88	 
	 
	 	 	 	 
	SECTION 9.01. Without Consent of Holders of Notes
	 	 	88	 
	SECTION 9.02. With Consent of Holders of Notes
	 	 	89	 
	SECTION 9.03. Compliance with Trust Indenture Act
	 	 	90	 
	SECTION 9.04. Revocation and Effect of Consents
	 	 	90	 
	SECTION 9.05. Notice of Amendment; Notation on or Exchange of Notes
	 	 	90	 
	SECTION 9.06. Trustee to Sign Amendments, Etc
	 	 	90	 
	 
	 	 	 	 
	ARTICLE 10. SATISFACTION AND DISCHARGE
	 	 	91	 
	 
	 	 	 	 
	SECTION 10.01. Satisfaction and Discharge
	 	 	91	 
	SECTION 10.02. Deposited Cash and Government Securities
	 	 	91	 
	SECTION 10.03. Repayment to Company
	 	 	92	 
	SECTION 10.04. Reinstatement
	 	 	92	 
	 
	 	 	 	 
	ARTICLE 11. SUBSIDIARY GUARANTEES
	 	 	92	 
	 
	 	 	 	 
	SECTION 11.01. Guarantee
	 	 	92	 
	SECTION 11.02. Limitation on Guarantor Liability
	 	 	94	 
	SECTION 11.03. Execution and Delivery
	 	 	94	 
	SECTION 11.04. Successors and Assigns
	 	 	94	 
	SECTION 11.05. No Waiver
	 	 	95	 
	SECTION 11.06. Right of Contribution
	 	 	95	 
	SECTION 11.07. No Subrogation
	 	 	95	 
	SECTION 11.08. Guarantors May Consolidate, Etc., on Certain Terms
	 	 	95	 
	SECTION 11.09. Releases of Subsidiary Guarantee
	 	 	96	 
	 
	 	 	 	 
	ARTICLE 12. MISCELLANEOUS
	 	 	97	 
	 
	 	 	 	 
	SECTION 12.01. Trust Indenture Act Controls
	 	 	97	 
	SECTION 12.02. Notices
	 	 	97	 
	SECTION 12.03. Communication by Holders of Notes with Other Holders of Notes
	 	 	98	 
	SECTION 12.04. Certificate and Opinion as to Conditions Precedent
	 	 	98	 
	SECTION 12.05. Statements Required in Certificate or Opinion
	 	 	99	 
	SECTION 12.06. Rules by Trustee and Agents
	 	 	99	 
	SECTION 12.07. No Personal Liability of Directors, Officers,
Employees and Stockholders
	 	 	99	 
	SECTION 12.08. Governing Law
	 	 	99	 
	SECTION 12.09. No Adverse Interpretation of Other Agreements
	 	 	99	 
	SECTION 12.10. Successors
	 	 	100	 
	SECTION 12.11. Severability
	 	 	100	 
	SECTION 12.12. Counterpart Originals
	 	 	100	 
	SECTION 12.13. Table of Contents, Headings, Etc
	 	 	100	 

	 	 	 
	EXHIBITS
Exhibit A

	 	

FORM OF NOTE
	Exhibit B

	 	FORM OF CERTIFICATE OF TRANSFER
	Exhibit C

	 	FORM OF CERTIFICATE OF EXCHANGE
	Exhibit D

	 	FORM OF CERTIFICATE OF ACQUIRING
INSTITUTIONAL ACCREDITED INVESTORS
	Exhibit E

	 	FORM OF SUPPLEMENTAL INDENTURE

-iii-

 

     INDENTURE dated as of June 29, 2009 among CINEMARK USA, INC., a Texas corporation, the
subsidiary guarantors from time to time parties hereto and WELLS FARGO BANK, N.A., a national
banking corporation, as trustee (the “Trustee”).

     The Company, the Guarantors and the Trustee agree as follows for the benefit of each other and
for the equal and ratable benefit of the Holders of the Initial Notes, any Additional Notes and the
Exchange Notes (in each case as defined herein):

ARTICLE 1.

DEFINITIONS AND INCORPORATION BY REFERENCE 

SECTION 1.01.  Definitions.

     “144A Global Note” means one or more global notes in the form of Exhibit A hereto
bearing the Global Note Legend, the Private Placement Legend, the OID Legend and the ERISA Legend
and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee
that shall represent the aggregate principal amount of the Notes sold in reliance on Rule 144A.

     “Acquired Debt” means, with respect to any specified Person:

     (i) Indebtedness of any other Person existing at the time such other Person is merged
with or into or becomes a Subsidiary of such specified Person, whether or not such
Indebtedness is incurred in connection with, or in contemplation of, such other Person
merging with or into, or becoming a Subsidiary of, such specified Person; and

     (ii) Indebtedness secured by a Lien encumbering any asset acquired by such specified
Person.

     “Additional Interest” shall have the meaning set forth in the Registration Rights
Agreement.

     “Additional Notes” means 8.625% Senior Notes due 2019 of the Company issued under this
Indenture after the Issue Date and having identical terms to the Initial Notes or the Exchange
Notes other than with respect to the date of issuance and issue price, first payment of interest
and rights under a related Registration Rights Agreement, if any.

     “Adjusted Treasury Rate” means, with respect to any redemption date, (i) the yield,
under the heading which represents the average for the immediately preceding week, appearing in the
most recently published statistical release designated “H.15(519)” or any successor publication
which is published weekly by the Board of Governors of the Federal Reserve System and which
establishes yields on actively traded United States Treasury securities adjusted to constant
maturity under the caption “Treasury Constant Maturities” for the maturity corresponding to the
Comparable Treasury Issue with respect to the Notes called for redemption (if no maturity is within
three months before or after June 15, 2014, yields for the two published maturities most closely
corresponding to the Comparable Treasury Issue shall be determined and the Adjusted Treasury Rate
shall be interpolated or extrapolated from such yields on a straight line basis, rounding to the
nearest month) or (ii) if such release (or any successor release) is not published during the week
preceding the calculation date or does not contain such yields, the rate per year equal to the
semi-annual equivalent yield to maturity of the Comparable Treasury Issue (expressed as a
percentage of its principal amount) equal to the Comparable Treasury Price for such
redemption date, in each case calculated on the third business day immediately preceding the
redemption date, plus, in the case of each of clause (i) and (ii), 0.50%.

 

 

     “Affiliate” of any specified Person means any other Person directly or indirectly
controlling or controlled by or under direct or indirect common control with such specified Person.
For purposes of this definition, “control,” as used with respect to any Person, means the
possession, directly or indirectly, of the power to direct or cause the direction of the management
or policies of such Person, whether through the ownership of voting securities, by agreement or
otherwise. For purposes of this definition, the terms “controlling,” “controlled by” and “under
common control with” have corresponding meanings; provided that exclusively for purposes of Section
4.11, beneficial ownership of 10% or more of the Voting Stock of a Person shall be deemed to be
control.

     “Agent” means any Registrar, Paying Agent or co-registrar.

     “Applicable Premium” means, at any redemption date, the excess of (A) the present
value at such redemption date of (1) the redemption price of the Notes on June 15, 2014 (such
redemption price being described above in Section 3.07(b) hereof) plus (2) all required remaining
scheduled interest payments due on the Notes through June 15, 2014 (excluding accrued and unpaid
interest), computed using a discount rate equal to the Adjusted Treasury Rate, over (B) the
principal amount of the Notes on such redemption date.

     “Applicable Procedures” means, with respect to any transfer or exchange of or for
beneficial interests in any Global Note, the rules and procedures of the Depositary, Euroclear and
Clearstream that apply to such transfer or exchange.

     “Asset Sale” means:

     (i) the direct or indirect sale, lease, conveyance or other disposition, or series of
related sales, leases, conveyances or other dispositions that are part of a common plan, of
any property or assets (including Equity Interests of a Subsidiary, other than preferred
stock issued by a Restricted Subsidiary in compliance with Section 4.09) by the Company or
any of its Restricted Subsidiaries; provided that the sale, conveyance or other disposition
of all or substantially all of the assets of the Company and its Restricted Subsidiaries
taken as a whole shall be governed by the provisions of this Indenture described in Section
4.15 and/or the provisions of Section 5.01 and not by the provisions of Section 4.10; and

     (ii) the issuance of Equity Interests in any of the Company’s Restricted Subsidiaries,
other than preferred stock issued by a Restricted Subsidiary in compliance with Section
4.09.

Notwithstanding the preceding, the following items will be deemed not to be Asset Sales:

     (i) any single transaction or series of related transactions that involves property,
assets or Equity Interests having a fair market value of less than $7.5 million;

     (ii) a disposition or issuance between or among the Company and its Restricted
Subsidiaries;

     (iii) the disposition of equipment, inventory, accounts receivable or other assets in
the ordinary course of business;

     (iv) the disposition of cash or Cash Equivalents;

     (v) exchanges of theatre properties that comply with the requirements of the final
paragraph of Section 4.10, provided that payment of any Other Consideration shall, to the
extent provided therein, be treated as an Asset Sale;

-2-

 

     (vi) a disposition by the Company or any Restricted Subsidiary of the Company to the
extent such disposition constitutes a Deemed Capitalized Lease;

     (vii) any disposition of Equity Interests in, or Indebtedness or other securities of,
or other Investments in, an Unrestricted Subsidiary;

     (viii) a Restricted Payment or Permitted Investment that is permitted by Section 4.07
or any transaction excluded from their or any component definitions;

     (ix) the creation of a Permitted Lien and dispositions in connection with Permitted
Liens;

     (x) dispositions of receivables in connection with the compromise, settlement or
collection thereof in the ordinary course of business or in bankruptcy or similar
proceedings and exclusive of factoring or similar arrangements;

     (xi) the licensing or sublicensing of intellectual property or other general
intangibles and licenses, leases or subleases of other property in the ordinary course of
business;

     (xii) foreclosure on assets;

     (xiii) a disposition of Permitted Investments of the type described in clause (ix) of
the definition thereof; and

     (xiv) surrender or waiver of contract rights or the settlement, release or surrender of
contract, tort or other claims of any kind.

Notwithstanding any provision of this Indenture to the contrary, the expiration or non-renewal of
any lease of theatre properties or equipment at the normal expiration date thereof without payment
to the Company or any of its Restricted Subsidiaries of consideration therefor shall not constitute
an Asset Sale.

     “Attributable Debt” in respect of a sale and leaseback transaction means, at the time
of determination, the present value of the obligation of the lessee for net rental payments during
the remaining term of the lease included in such sale and leaseback transaction including any
period for which such lease has been extended or may, at the option of the lessor, be extended.
Such present value shall be calculated using a discount rate equal to the rate of interest implicit
in such transaction, determined in accordance with GAAP.

     “Bankruptcy Law” means Title 11, U.S. Code or any similar federal, state or foreign
law for the relief of debtors.

     “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5
under the Exchange Act, except that in calculating the beneficial ownership of any particular
“person” or “group” of related persons (as such terms are used in Sections 13(d) and 14(d) of the
Exchange Act), such “person” or “group” shall be deemed to have beneficial ownership of all
securities that such “person” or “group” has the right to acquire by conversion or exercise of
other securities, whether such right is currently exercisable or is exercisable only upon the
occurrence of a subsequent condition or only after the passage of time. The terms “Beneficially Owns” and “Beneficially Owned” have
corresponding meanings.

     “Board of Directors” means:

-3-

 

     (i) with respect to a corporation, the board of directors of the corporation;

     (ii) with respect to a partnership, the board of directors of the general partner of
the partnership; and

     (iii) with respect to any other Person, the board or committee of such Person serving a
similar function.

     “Broker-Dealer” means any broker-dealer that receives Exchange Notes for its own
account in the Exchange Offer in exchange for Notes that were acquired by such broker-dealer as a
result of market-making or other trading activities.

     “Business Day” means each day that is not a Saturday, Sunday or other day on which
banking institutions in New York, New York or in the location of the Corporate Trust Office of the
Trustee are authorized or required by law to close.

     “Capital Lease Obligation” means, at the time any determination is to be made, the
amount of the liability in respect of a capital lease that would at that time be required to be
capitalized on a balance sheet in accordance with GAAP.

     “Capital Stock” means:

     (i) in the case of a corporation, corporate stock;

     (ii) in the case of a partnership or limited liability company, partnership or
membership interests (whether general or limited);

     (iii) in the case of an association or other business entity, any and all shares,
interests, participations, rights or other equivalents (however designated) of corporate
stock; and

     (iv) any other interest or participation that confers on a Person the right to receive
a share of the profits and losses of, or distributions of assets of, the issuing Person.

“Cash Equivalents” means:

     (i) United States dollars or in the case of any Foreign Restricted Subsidiary, such
local currencies held by it from time to time in the ordinary course of business;

     (ii) securities issued or directly and fully guaranteed or insured by the United States
government or any agency or instrumentality of the United States government (provided that
the full faith and credit of the United States is pledged in support of those securities)
having maturities of not more than twelve months from the date of acquisition;

     (iii) certificates of deposit and eurodollar time deposits with maturities of twelve
months or less from the date of acquisition, bankers’ acceptances with maturities not
exceeding twelve months and overnight bank deposits, in each case, with any lender party to
the Credit
Agreement or with any domestic commercial bank having capital and surplus in excess of
$100.0 million and a Thomson Bank Watch Rating of “B” or better;

     (iv) repurchase obligations with a term of not more than seven days for underlying
securities of the types described in clauses (ii) and (iii) above entered into with any
financial institution meeting the qualifications specified in clause (iii) above;

-4-

 

     (v) commercial paper having the rating of at least “P-1” from Moody’s or “A-1” from S&P
and in each case maturing within twelve months after the date of acquisition;

     (vi) with respect to any Foreign Restricted Subsidiary having its principal operations
in Mexico only, (A) Certificados de la Tesoreria de la Federacion (Cetes), Bonos de
Desarrollo del Gobierno Federal (Bondes) or Bonos Adjustables del Gobierno Federal
(Adjustabonos), in each case, issued by the Mexican government; and (B) any other
instruments issued or guaranteed by Mexico and denominated and payable in pesos; provided,
that, in each case, such investments under this clause (vi) are made in the ordinary course
of business for cash management purposes;

     (vii) demand or time deposit accounts used in the ordinary course of business with
overseas branches of commercial banks incorporated under the laws of the United States of
America, any state thereof, the District of Columbia, Canada or any province or territory
thereof, provided that such commercial bank has, at the time of the Company’s or such
Restricted Subsidiary’s Investment therein, (A) capital, surplus and undivided profits (as
of the date of such institution’s most recently published financial statements) in excess of
$100.0 million and (B) the long-term unsecured debt obligations (other than such obligations
rated on the basis of the credit of a Person other than such institution) of such
institution, at the time of the Company’s or any Restricted Subsidiary’s Investment therein,
are rated in the highest rating category of both Moody’s and S&P;

     (viii) obligations (including, but not limited to demand or time deposits, bankers’
acceptances and certificates of deposit) issued or guaranteed by a depository institution or
trust company incorporated under the laws of the United States of America, any state
thereof, the District of Columbia, Canada or any province or territory thereof, provided
that (A) such instrument has a final maturity not more than one year from the date of
purchase thereof by the Company or any Restricted Subsidiary of the Company and (B) such
depository institution or trust company has at the time of the Company’s or such Restricted
Subsidiary’s Investment therein or contractual commitment providing for such Investment, (x)
capital, surplus and undivided profits (as of the date of such institution’s most recently
published financial statements) in excess of $100.0 million and (y) the long-term unsecured
debt obligations (other than such obligations rated on the basis of the credit of a Person
other than such institution) of such institution, at the time of the Company’s or such
Restricted Subsidiary’s Investment therein or contractual commitment providing for such
Investment, are rated in the highest rating category of both S&P and Moody’s;

     (ix) in the case of any Foreign Restricted Subsidiary, demand or time deposit accounts
used in the ordinary course of business with reputable commercial banks located in the
jurisdiction of organization of such Foreign Restricted Subsidiary; and

     (x) money market funds at least 95% of the assets of which constitute Cash Equivalents
of the kinds described in clauses (i) through (v) of this definition.

     “Change of Control” means the occurrence of any of the following:

     (i) the direct or indirect sale, lease, transfer, conveyance or other disposition
(other than by way of merger or consolidation), in one or a series of related transactions,
of all or substantially all of the properties or assets of the Company and its Restricted
Subsidiaries taken as a whole to any “person” (as that term is used in Sections 13(d) and
14(d) of the Exchange Act) other than a Permitted Holder;

     (ii) the adoption of a plan relating to the liquidation or dissolution of the Company;

-5-

 

     (iii) any “person” or “group” of related persons (as such terms are used in Sections
13(d) and 14(d) of the Exchange Act) other than one or more Permitted Holders becomes the
Beneficial Owner, directly or indirectly, of more than 50% of the Voting Stock of the
Company or any Parent Entity, measured by voting power rather than number of shares; or

     (iv) the first day on which Continuing Directors do not constitute a majority of the
members of the Board of Directors of the Company or Cinemark Holdings, Inc.

     “Clearstream” means Clearstream Banking, société anonyme.

     “Code” means the Internal Revenue Code of 1986, as amended.

     “Commission” means the Securities and Exchange Commission or any successor agency.

     “Company” means Cinemark USA, Inc. until a successor shall have become such pursuant
to the applicable provisions of this Indenture and thereafter “Company” shall mean such successor.

     “Comparable Treasury Issue” means the United States Treasury security selected by the
Quotation Agent as having a maturity comparable to the remaining term from the redemption date to
June 15, 2014, that would be utilized, at the time of selection and in accordance with customary
financial practice, in pricing new issues of corporate debt securities of a maturity most nearly
equal to June 15, 2014.

     “Comparable Treasury Price” means, with respect to any redemption date, if clause (ii)
of the Adjusted Treasury Rate is applicable, the average of three, or such lesser number as is
obtained by the Trustee, Reference Treasury Dealer Quotations for the redemption date.

     “Consolidated Cash Flow” means, with respect to any specified Person for any period,
the Consolidated Net Income of such Person for such period plus:

     (i) any increase in deferred lease expense; plus

     (ii) provision for taxes directly or indirectly based on income, receipts, margin or
profits of such Person and its Restricted Subsidiaries for such period; plus

     (iii) Fixed Charges to the extent such amounts are included in the calculation of
Consolidated Net Income; plus

     (iv) depreciation, impairment losses, charges, write-offs and write-downs, amortization
(including amortization of goodwill and other intangibles but excluding amortization of
prepaid cash expenses that were paid in a prior period) and other non-cash charges and
expenses, including foreign exchange losses not included in operating income, (excluding
(other than foreign advance rents paid at the inception of the lease) any such non-cash
expense to the extent that it represents an accrual of or reserve for cash expenses in any
future period or
amortization of a prepaid cash expense that was paid in a prior period) of such Person
and its Subsidiaries for such period; plus

     (v) for purposes of calculating the Fixed Charge Coverage Ratio and the Senior Secured
Leverage Ratio only, the Net Income of any Person and its Restricted Subsidiaries shall be
calculated without deducting the income attributable to, or adding the losses attributable
to, the minority equity interests of third parties in any non-wholly-owned Restricted
Subsidiary; plus

-6-

 

     (vi) for purposes of calculating the Fixed Charge Coverage Ratio and the Senior Secured
Leverage Ratio only, any reasonable expenses and charges related to any Equity Offering,
recapitalization or Indebtedness permitted to be incurred under this Indenture (in each
case, whether or not successful); plus

     (vii)  any reasonable expenses and charges related to any Permitted Investment,
acquisition or disposition permitted under this Indenture (in each case, whether or not
successful) or the Transactions; minus

     (viii) non-cash items increasing such Consolidated Net Income for such period
(including foreign exchange gains not included in operating income), other than (1) the
accrual of revenue or amortization of prepaid cash income in the ordinary course of business
and (2) the reversal of an accrual or cash reserve that was excluded pursuant to paragraph
(iv) above in any prior period; minus

     (ix) any decrease in deferred lease expense, in each case, on a consolidated basis and
determined in accordance with GAAP;

provided, however, that expenses payable by any Parent Entity described in clause (xi) of the
second paragraph of Section 4.07, the funds of which are provided by the Company and/or its
Restricted Subsidiaries shall be deducted in calculating Consolidated Cash Flow of the Company.

Notwithstanding the preceding sentence, clauses (i) through (ix) relating to amounts of a
Restricted Subsidiary of a Person will be added to (or subtracted from) Consolidated Net Income to
compute Consolidated Cash Flow of such Person only to the extent (and in the same proportion) that
the net income (loss) of such Restricted Subsidiary was included in calculating the Consolidated
Net Income of such Person.

     “Consolidated Net Income” means, with respect to any specified Person for any period,
the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on
a consolidated basis, determined in accordance with GAAP, provided, however, in the case of the
Company and its Restricted Subsidiaries, (1) Consolidated Net Income shall not include management
fees from Unrestricted Subsidiaries except to the extent actually received by the Company and its
Restricted Subsidiaries, (2) accrued but unpaid compensation expenses related to any stock
appreciation, restricted stock or stock option plans shall not be deducted until such time as such
expenses result in a cash expenditure and (3) compensation expenses related to tax payment plans
implemented by the Company from time to time in connection with the exercise and/or repurchase of
restricted stock or stock options shall not be deducted from Net Income to the extent of the
related tax benefits arising therefrom; provided, further, that:

     (i) the Net Income of any Person that is not a Restricted Subsidiary or that is
accounted for by the equity method of accounting shall be included only to the extent of the
amount of dividends, distributions or other payments paid in cash to the specified Person or
a Restricted Subsidiary of the specified Person (or, in the case of a loss, only to the
extent funded with cash from the specified Person or a Restricted Subsidiary of the
specified Person);

     (ii) other than for the purpose of calculating the Fixed Charge Coverage Ratio and the
Senior Secured Leverage Ratio, the Net Income of any Restricted Subsidiary shall be excluded
to the extent that the declaration or payment of dividends or similar distributions by that
Restricted Subsidiary of that Net Income is not at the date of determination permitted
without any prior governmental approval (that has not been obtained or, with respect to
Foreign Restricted Subsidiaries, is typically obtained in the ordinary course of business
consistent with past practice

-7-

 

and shall be excluded to the extent such approval is
subsequently not received) or, directly or indirectly, by operation of the terms of its
charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental
regulation applicable to that Restricted Subsidiary or its stockholders (other than to the
extent of the amount of dividends or distributions that have actually been paid in the
calculation period);

     (iii) the cumulative effect of a change in accounting principles shall be excluded;

     (iv) any non-cash goodwill or other intangible asset impairment charges incurred
subsequent to the Issue Date resulting from the application of SFAS No. 142 (or similar
pronouncements) shall be excluded;

     (v) any net after-tax income or loss from discontinued operations, net after-tax gains
or losses on disposal of discontinued operations and losses arising from lease dispositions
shall be excluded; and

     (vi) items classified as extraordinary or nonrecurring gains and losses (less all fees
and expenses related thereto) or expenses (including, without limitation, costs and expenses
arising from the Transactions), and the related tax effects according to GAAP, shall be
excluded.

     “Consolidated Net Tangible Assets” means, as of any date of determination, the
consolidated total assets of the Company and its Restricted Subsidiaries determined in accordance
with GAAP as of the end of the Company’s most recent fiscal quarter for which internal financial
statements are available, less the sum of (1) all current liabilities and current liability items,
and (2) all goodwill, trade names, trademarks, patents, organization expense, unamortized debt
discount and expense and other similar intangibles properly classified as intangibles in accordance
with GAAP.

     “Construction Indebtedness” means Indebtedness incurred by the Company or its
Restricted Subsidiaries in connection with the construction of motion picture theatres or screens.

     “Continuing Directors” means, as of any date of determination, any member of the Board
of Directors of the Company or Cinemark Holdings, Inc., as the case may be, who:

     (i) was a member of such Board of Directors on the Issue Date; or

     (ii) was nominated for election or elected to such Board of Directors with the approval
of a majority of the Continuing Directors who were members of such Board at the time of such
nomination or election.

     “Corporate Trust Office of the Trustee” means the office of the Trustee in Dallas,
Texas, at which at any particular time its corporate trust business shall be principally
administered, which office at the date of the execution and delivery of this Indenture, as
originally executed and delivered, is located at 1445 Ross Ave. 2nd Floor, MAC:
T5303-022, Attention: Corporate Trust Services.

     “Credit Agreement” means that certain Credit Agreement, dated as of October 5, 2006,
by and among the Company, as borrower, Cinemark Holdings, Inc., Cinemark Inc., CNMK Holding, Inc.
and the subsidiary guarantors named therein, as guarantors, the lenders and other entities party
thereto and Lehman Commercial Paper Inc., as administrative agent, including any related notes,
Guarantees, collateral documents, instruments and agreements executed in connection therewith from
time to time, and in each case as amended, modified, renewed, refunded, replaced or refinanced from
time to time.

     “Credit Facilities” means one or more debt facilities (including, without limitation,
the Credit

-8-

 

Agreement), commercial paper facilities or indentures, in each case with banks or other
institutional lenders or investors providing for revolving credit loans, term loans, debt
securities, receivables financing (including through the sale of receivables to such lenders or to
special purpose entities formed to borrow from such lenders against such receivables) or letters of
credit and any agreement or agreements governing Indebtedness incurred to refinance, replace,
restructure or refund such agreements in whole or in part from time to time (whether with the
original agent and lenders or other agents and lenders or otherwise).

     “Custodian” means any receiver, trustee, assignee, liquidation, sequestrator or
similar official under any Bankruptcy Law.

     “DCIP” means Digital Cinema Implementation Partners LLC, a Delaware limited liability
company, and any similar Person with a primary business purpose of facilitating the implementation
of digital cinemas in theatres and agreements and arrangements with respect to the financing of
digital cinema and any Person that is a direct or indirect parent entity thereof and has no
independent operations.

     “Deemed Capitalized Leases” means obligations of the Company or any Restricted
Subsidiary of the Company that are classified as “capital lease obligations” under GAAP due to the
application of Emerging Issues Task Force Regulation 97-10 or any subsequent pronouncement having
similar effect and, except for such regulation or pronouncement, such obligation would not
constitute Capital Lease Obligations.

     “Default” means any event that is, or with the passage of time or the giving of notice
or both would be, an Event of Default.

     “Definitive Note” means a certificated Note registered in the name of the Holder
thereof and issued in accordance with Section 2.06 hereof, in the form of Exhibit A hereto except
that such Note shall not bear the Global Note Legend and shall not have the “Schedule of Exchanges
of Interests in the Global Note” attached thereto.

     “Depositary” means, with respect to the Notes issuable or issued in whole or in part
in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the
Notes, and any and all successors thereto appointed as depositary hereunder and having become such
pursuant to the applicable provision of this Indenture.

     “Designated Non-cash Consideration” means the fair market value of non-cash
consideration received by the Company or a Restricted Subsidiary in connection with an Asset Sale
that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate,
setting forth the basis of such valuation, executed by the principal financial officer of the
Company, less the amount of cash or Cash Equivalents received in connection with a subsequent sale
of or collection on such Designated Non-cash Consideration.

     “Digital Projector Financing” means any financing arrangement in respect of digital
projector equipment for use in the ordinary course of business in theatres owned, leased or
operated by the Company and its Restricted Subsidiaries.

     “Disqualified Stock” means any Capital Stock that, by its terms (or by the terms of
any security into which it is convertible, or for which it is exchangeable), or upon the happening
of any event, (1) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or
otherwise, (2) is convertible or exchangeable for Indebtedness or Disqualified Stock (excluding
Capital Stock which is convertible or exchangeable solely at the option of the Company or a
Restricted Subsidiary), or (3) is redeemable at the option of the holder of the Capital Stock, in
whole or in part, in each case on or prior to

-9-

 

the date that is 91 days after the earlier of the
date on which the Notes mature or the date on which there are no Notes outstanding. Notwithstanding
the preceding sentence, any Capital Stock that would constitute Disqualified Stock solely because
the holders of the Capital Stock have the right to require the Company to repurchase or redeem such
Capital Stock upon the occurrence of a change of control or an asset sale will not constitute
Disqualified Stock if the terms of such Capital Stock (and all such securities into which it is
convertible or for which it is exchangeable) provide that the Company may not repurchase or redeem
any such Capital Stock (and all such securities into which it is convertible or for which it is
exchangeable) pursuant to such provisions unless such repurchase or redemption complies with
Sections 4.07, 4.10 and 4.15.

     “Distribution Compliance Period” means the 40-day restricted period as defined in
Regulation S.

     “Equity Interests” means Capital Stock and all warrants, options or other rights to
acquire Capital Stock (but excluding any debt security that is convertible into, or exchangeable
for, Capital Stock).

     “Equity Offering” means any public (other than pursuant to a Form S-4 or Form S-8 or
any other form relating to securities issuable under any employee benefit plan of the Company or
any Parent Entity) or private sale of Capital Stock (other than Disqualified Stock) made for cash
on a primary basis by the Company or any Parent Entity (the proceeds of which have been contributed
to the Company).

     “ERISA Legend” means the legend set forth in Section 2.06(g)(v), which is required to
be placed on all Notes issued under this Indenture.

     “Euroclear” means Euroclear Bank S.A./N.V., as operator of the Euroclear system.

     “Event of Default” has the meaning specified in Section 6.01.

     “Exchange Act” means the Securities Exchange Act of 1934, as amended.

     “Exchange Guarantees” means any substantially identical Subsidiary Guarantees (other
than with respect to transfer restrictions) issued in an Exchange Offer for the Subsidiary
Guarantees of the Initial Notes or any Additional Notes.

     “Exchange Notes” means any substantially identical issue of Notes (other than with
respect to transfer restrictions) issued in an Exchange Offer for the Initial Notes or any
Additional Notes.

     “Exchange Offer” has the meaning set forth in the Registration Rights Agreement.

     “Exchange Offer Registration Statement” has the meaning set forth in the Registration
Rights Agreement.

     “Excluded Contribution” means the net cash proceeds received by the Company after the
Issue Date from (a) contributions to its common equity capital and (b) the sale (other than to a
Subsidiary of the Company or pursuant to any management equity plan or stock option plan or any
other management or employee benefit plan or agreement of the Company or any of its Subsidiaries or
Parent Entities) of Capital Stock (other than Disqualified Stock) of the Company or any Parent
Entity (the proceeds of which have been contributed to the Company), in each case designated within
60 days of the receipt of such net cash proceeds as Excluded Contributions pursuant to an Officers’
Certificate, the cash proceeds of which are excluded from the calculation set forth in clauses
(iii)(b) and (iii)(c) of the first paragraph of Section 4.07.

-10-

 

     “Existing Indebtedness” means Indebtedness of the Company and its Restricted
Subsidiaries in existence on the Issue Date, until such amounts are repaid.

     “Fixed Charges” means, with respect to any specified Person for any period, the sum,
without duplication, of:

     (i) the consolidated interest expense of such Person and its Restricted Subsidiaries
for such period, whether paid or accrued, including, without limitation, amortization of
debt issuance costs and original issue discount, non-cash interest payments, the interest
component of any deferred payment obligations, the interest component of all payments
associated with Capital Lease Obligations (but excluding any interest expense attributable
to Deemed Capitalized Leases), imputed interest with respect to Attributable Debt,
commissions, discounts and other fees and charges incurred in respect of letter of credit or
bankers’ acceptance financings, and net of the effect of all payments made or received
pursuant to interest rate Hedging Obligations (excluding the amortization or write-off of
debt issuance costs incurred in connection with the Transactions); plus

     (ii) the consolidated interest of such Person and its Restricted Subsidiaries that was
capitalized during such period; plus

     (iii) any interest expense on Indebtedness of another Person that is Guaranteed by such
Person or one of its Restricted Subsidiaries or secured by a Lien on assets of such Person
or one of its Restricted Subsidiaries, whether or not such Guarantee or Lien is called upon;
plus

     (iv) the product of (a) all dividends paid (whether or not in cash) on any series of
preferred stock of such Person or any of its Restricted Subsidiaries, other than dividends
on Equity Interests payable (X) solely in Equity Interests of the Company (other than
Disqualified Stock) or (Y) to the Company or a Restricted Subsidiary of the Company, times
(b) a fraction, the numerator of which is one and the denominator of which is one minus the
then current combined effective federal, state and local statutory tax rate of such Person,
expressed as a decimal, in each case, on a consolidated basis and in accordance with GAAP;
minus

     (v)  the cash interest income (exclusive of deferred financing fees) of such specified
Person and its Restricted Subsidiaries during such period, in each case as determined in
accordance with GAAP consistently applied.

     “Fixed Charge Coverage Ratio” means with respect to any specified Person for any
period, the ratio of the Consolidated Cash Flow of such Person for such period to the Fixed Charges
of such Person for such period. In the event that the specified Person or any of its Subsidiaries
incurs, assumes, Guarantees, repays, repurchases or redeems any Indebtedness (other than ordinary
working capital borrowings) or issues, repurchases or redeems preferred stock subsequent to the
commencement of the period for which the Fixed Charge Coverage Ratio is being calculated and on or prior to the
date on which the event for which the calculation of the Fixed Charge Coverage Ratio is made (the
“Calculation Date”), then the Fixed Charge Coverage Ratio shall be calculated giving pro
forma effect to such incurrence, assumption, Guarantee, repayment, repurchase or redemption of
Indebtedness, or such issuance, repurchase or redemption of preferred stock, and the use of the
proceeds therefrom as if the same had occurred at the beginning of the applicable four-quarter
reference period.

     In addition, for purposes of calculating the Fixed Charge Coverage Ratio:

-11-

 

     (i) acquisitions and Investments that have been made by the specified Person or any of
its Restricted Subsidiaries (and by any Person so acquired), including through mergers or
consolidations and including any related financing transactions, during the four-quarter
reference period or subsequent to such reference period and on or prior to the Calculation
Date shall be given pro forma effect as if they had occurred on the first day of the
four-quarter reference period and Consolidated Cash Flow for such reference period shall be
calculated on a pro forma basis (giving effect to any Pro Forma Cost Savings);

     (ii) operations or businesses disposed of prior to the Calculation Date shall be deemed
to have been disposed of on the first day of the four-quarter reference period and the
Consolidated Cash Flow attributable to discontinued operations, as determined in accordance
with GAAP, shall be excluded;

     (iii) operations or businesses disposed of prior to the Calculation Date shall be
deemed to have been disposed of on the first day of the four-quarter reference period and
the Fixed Charges attributable to discontinued operations, as determined in accordance with
GAAP, shall be excluded, but only to the extent that the obligations giving rise to such
Fixed Charges shall not be obligations of the specified Person or any of its Restricted
Subsidiaries following the Calculation Date;

     (iv) Consolidated Cash Flow shall include the effects of incremental contributions the
Company reasonably believes in good faith could have been achieved during the relevant
period as a result of a Theatre Completion had such Theatre Completion occurred as of the
beginning of the relevant period; provided, however, that such incremental contributions
were identified and quantified in good faith in an Officers’ Certificate delivered to the
Trustee at the time of any calculation of the Fixed Charge Coverage Ratio;

     (v) Consolidated Cash Flow shall be calculated on a pro forma basis after giving effect
to any motion picture theatre or screen that was permanently or indefinitely closed for
business, at any time on or subsequent to the first day of such period as if such theatre or
screen was closed for the entire period;

     (vi) all preopening expense and theatre closure expense which reduced Consolidated Net
Income during any applicable period shall be added to Consolidated Cash Flow;

     (vii) the Fixed Charges attributable to interest on any Indebtedness computed on a pro
forma basis and bearing a floating interest rate shall be computed as if the rate in effect
on the date of computation had been the applicable rate for the entire period; and

     (viii) with respect to any Indebtedness which bears, at the option of such Person, a
fixed or floating rate of interest, such Person shall apply, at its option, either the fixed
or floating rate.

     “Foreign Restricted Subsidiary” means any Restricted Subsidiary of the Company that is
not organized under the laws of the United States, any state thereof or the District of Columbia.

     “GAAP” means generally accepted accounting principles set forth in the opinions and
pronouncements of the Accounting Principles Board of the American Institute of Certified Public
Accountants and statements and pronouncements of the Financial Accounting Standards Board or in
such other statements by such other entity as have been approved by a significant segment of the
accounting profession, which are in effect on the Issue Date.

-12-

 

     “Global Note Legend” means the legend set forth in Section 2.06(g)(ii), which is
required to be placed on all Global Notes issued under this Indenture.

     “Global Notes” means, individually and collectively, each of the Restricted Global
Notes and the Unrestricted Global Notes, in the form of Exhibit A hereto issued in accordance with
Sections 2.01 or 2.06 hereof.

     “Government Securities” means securities that are (i) direct obligations of the United
States of America for the timely payment of which its full faith and credit is pledged or (ii)
obligations of a Person controlled or supervised by and acting as an agency or instrumentality of
the United States of America, the timely payment of which is unconditionally guaranteed as a full
faith and credit obligation by the United States of America which, in either case, are not callable
or redeemable at the option of the issuer thereof, and shall also include a depository receipt
issued by a bank (as defined in Section 3(a) (2) of the Securities Act), as custodian, with respect
to any such Government Securities or a specific payment of principal of or interest on any such
Government Securities held by such custodian for the account of the holder of such depository
receipt; provided, however, that (except as required by law) such custodian is not authorized to
make any deduction from the amount payable to the holder of such depository receipt from any amount
received by the custodian in respect of the Government Securities or the specific payment of
principal of or interest on the U.S. Government Obligation evidenced by such depository receipt.

     “Guarantee” means with respect to any Person, any obligation, contingent or otherwise,
of such Person directly or indirectly guaranteeing any Indebtedness of any other Person and,
without limiting the generality of the foregoing, any obligation, direct or indirect, contingent or
otherwise, of such Person:

     (1)  to purchase or pay (or advance or supply funds for the purchase or payment of)
such Indebtedness of such other Person (whether arising by virtue of partnership
arrangements, or by agreements to keep-well, to purchase assets, goods, securities or
services, to take-or-pay, or to maintain financial statement conditions or otherwise); or

     (2)  entered into for purposes of assuring in any other manner the obligee of such
Indebtedness of the payment thereof or to protect such obligee against loss in respect
thereof (in whole or in part);

provided that the term “Guarantee” shall not include endorsements for collection or deposit in the
ordinary course of business. The amount of any Guarantee shall be the lesser of such Indebtedness
and the amount of such Person’s maximum liability with respect thereto. The term “Guarantee” used
as a verb has a corresponding meaning.

     “Guarantor” means each Restricted Subsidiary of the Company that executes and delivers
this Indenture on the Issue Date as a guarantor and each other Restricted Subsidiary of the Company
that thereafter Guarantees the Notes pursuant to the terms of this Indenture, and their respective
successors and assigns, in each case unless and until such Person is released from its obligations under
its Subsidiary Guarantee pursuant to this Indenture.

     “Hedging Obligations” means, with respect to any specified Person, the obligations of
such Person incurred in the normal course of business and not for speculative purposes under:

     (i) interest rate swap agreements (whether from fixed to floating or from floating to
fixed), interest rate cap agreements and interest rate collar agreements entered into with
one or more financial institutions and designed to protect the Person entering into the
agreement against interest rate risk;

-13-

 

     (ii) foreign exchange contracts and currency protection agreements entered into with
one or more financial institutions and designed to protect the Person entering into the
agreement against currency exchange rate risk; and

     (iii) any commodity futures contract, commodity option or other similar agreement or
arrangement designed to protect against risks related to the price of commodities used by
that Person.

     “Holder” means a Person in whose name a Note is registered on the Registrar’s books.

     “IAI Global Note” means a Global Note in the form of Exhibit A hereto bearing the
Global Note Legend, the Private Placement Legend, the ERISA Legend and the OID Legend and deposited
with or on behalf of and registered in the name of the Depositary or its nominee that shall be
issued in a denomination equal to the outstanding principal amount of the Notes sold to
Institutional Accredited Investors.

     “Indebtedness” means, with respect to any specified Person, any indebtedness of such
Person, whether or not contingent (without duplication):

     (i) in respect of borrowed money;

     (ii) evidenced by bonds, notes, debentures or similar instruments or letters of credit
(or reimbursement agreements in respect thereof);

     (iii) in respect of banker’s acceptances;

     (iv) representing Capital Lease Obligations and Attributable Debt of such Person;

     (v) representing the balance deferred and unpaid of the purchase price of any property,
except any such balance that constitutes an accrued expense or trade payable;

     (vi) all obligations of such Person with respect to the redemption, repayment or other
repurchase of any Disqualified Stock or, with respect to any non-Guarantor Subsidiary, any
preferred stock (but excluding, in each case, any accrued dividends); or

     (vii) representing the net amount owing under any Hedging Obligations;

if and to the extent any of the preceding items (other than letters of credit and Hedging Obligations)
would appear as a liability upon a balance sheet of the specified Person prepared in accordance with
GAAP, but excluding (a) deposits and advances received in the ordinary course of business and (b)
Deemed Capitalized Leases. In addition, the term “Indebtedness” includes all Indebtedness of others
secured by a Lien on any asset of the specified Person (whether or not such Indebtedness is assumed
by the specified Person) and, to the extent not otherwise included, the Guarantee by the specified
Person of any Indebtedness of any other Person.

     The amount of any Indebtedness outstanding as of any date shall be:

     (i) the accreted value of the Indebtedness, in the case of any Indebtedness issued with
original issue discount to the extent such Indebtedness is deemed to ratably accrete to its
stated principal amount pursuant to the instrument under which it was issued; and

-14-

 

     (ii) the principal amount of and premium (if any) in respect of the Indebtedness,
together with any interest on the Indebtedness that is more than 30 days past due, in the
case of any other Indebtedness.

     “Indenture” means this Indenture, as amended or supplemented from time to time.

     “Indirect Participant” means a Person who holds a beneficial interest in a Global Note
through a Participant.

     “Initial Notes” means the 8.625% Senior Notes due 2019 issued by the Company on the
Issue Date.

     “Initial Purchasers” means (i) with respect to the Initial Notes issued on the Issue
Date, Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities Inc., Morgan
Stanley & Co. Incorporated, Banc of America Securities LLC, Credit Suisse Securities (USA) LLC and
Wachovia Capital Markets, LLC and (2) with respect to each issuance of Additional Notes, the
Persons purchasing such Additional Notes under the related purchase agreement.

     “Institutional Accredited Investor” means an institution that is an “accredited
investor” as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act, who are not also
QIBs.

     “Investments” means, with respect to any Person, all direct or indirect investments by
such Person in other Persons (including Affiliates) in the forms of loans (including Guarantees or
other obligations), advances or capital contributions (excluding commission, travel and similar
advances to officers and employees made in the ordinary course of business), purchases or other
acquisitions for consideration of Indebtedness, Equity Interests or other securities, that would be
classified as investments on a balance sheet prepared in accordance with GAAP. If the Company or
any Subsidiary of the Company sells or otherwise disposes of any Equity Interests of any direct or
indirect Subsidiary of the Company such that, after giving effect to any such sale or disposition,
such Person is no longer a Subsidiary of the Company, the Company shall be deemed to have made an
Investment on the date of any such sale or disposition in an amount equal to the fair market value
of the Equity Interests of such Subsidiary not sold or disposed of in an amount determined as
provided in the final paragraph of Section 4.07. The acquisition by the Company or any Subsidiary
of the Company of a Person that holds an Investment in a third Person shall be deemed to be an
Investment made by the Company or such Subsidiary in such third Person in an amount equal to the
fair market value of the Investment held by the acquired Person in such third Person on the date of
any such acquisition in an amount determined as provided in the final paragraph of Section 4.07.

     “Issue Date” means the date on which the Notes are originally issued under this
Indenture.

     “Letter of Transmittal” means the letter of transmittal to be prepared by the Company
and sent to all Holders of the Notes for use by such Holders in connection with the Exchange Offer.

     “Lien” means, with respect to any property or asset, any mortgage, lien, pledge,
charge, security interest or encumbrance of any kind in respect of such property or asset, whether
or not filed, recorded or otherwise perfected under applicable law, including any conditional sale
or other title retention agreement, any lease in the nature thereof and any filing of or agreement
to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any
jurisdiction.

     “Moody’s” means Moody’s Investors Service, Inc. or any successor to the rating agency
business thereof.

-15-

 

     “Net Income” means, with respect to any specified Person, the net income (loss) of
such Person, determined in accordance with GAAP and before any reduction in respect of preferred
stock dividends, excluding, however, any gain or loss (net of related costs, fees, expenses and
with any related provision for taxes on such gain or loss) realized in connection with: (a) any
Asset Sale (without giving effect to the exclusions contained in the second paragraph of the
definition thereof) or (b) the disposition of any securities by such Person or any of its
Subsidiaries or the extinguishment of any Indebtedness of such Person or any of its Subsidiaries.

     “Net Proceeds” means the aggregate cash proceeds received by the Company or any of its
Restricted Subsidiaries in respect of any Asset Sale (including, without limitation, any cash
received upon the sale or other disposition of any non-cash consideration received in any Asset
Sale), net of (i) the direct costs relating to such Asset Sale, including, without limitation,
legal, accounting and investment banking fees, sales commissions, property repair and replacement
costs, amounts paid in reimbursement of prepaid expenses associated with such assets to the extent
required by the terms of such Asset Sale, and any relocation expenses incurred as a result of the
Asset Sale, (ii) taxes paid or payable as a result of the Asset Sale, in each case, after taking
into account any available tax credits or deductions and any tax sharing arrangements, (iii)
amounts required to be applied to the repayment of Indebtedness secured by a Lien on the asset or
assets that were the subject of such Asset Sale, (iv) any reserve for adjustment in respect of the
sale price of such asset or assets established in accordance with GAAP, (v) all distributions and
other payments required to be made to minority interest holders in Restricted Subsidiaries or joint
ventures as a result of such Asset Sale, (vi) appropriate amounts to be provided by the Company or
any Restricted Subsidiary as a reserve against any liabilities associated with such Asset Sale, as
determined in conformity with GAAP and (vii) proceeds of dispositions of assets consummated within
one year after the date of the acquisition of such assets as part of a plan of related transactions
with such acquisition required by a regulatory authority in connection with the initial acquisition
of such assets, to the extent, and in the same proportion as, such original acquisition was
financed with Indebtedness (other than revolving credit Indebtedness to the extent such
Indebtedness has subsequently been paid down with cash generated from operations or the proceeds
from the sale of such assets).

     “Net Senior Secured Indebtedness” of any Person means, as of any date of
determination, (a) the aggregate amount of Indebtedness (other than Hedging Obligations and Capital
Lease Obligations) constituting Senior Debt secured by a Lien of the Company and its Restricted
Subsidiaries as of such date less (b) cash and Cash Equivalents of the Company and its Restricted
Subsidiaries, in each case determined on a consolidated basis in accordance with GAAP.

     “Non-Recourse Debt” means Indebtedness:

     (i) as to which neither the Company nor any of its Restricted Subsidiaries (a) provides
credit support of any kind (including any undertaking, agreement or instrument that would
constitute Indebtedness), (b) is directly or indirectly liable as a Guarantor or otherwise
or (c) constitutes the lender, other than Indebtedness secured by Liens permitted by clause
(ix) of the definition of Permitted Liens;

     (ii) no default with respect to which (including any rights that the holders of the
Indebtedness may have to take enforcement action against an Unrestricted Subsidiary) would
permit upon notice, lapse of time or both any holder of any other Indebtedness (other than
the Notes) of the Company or any of its Restricted Subsidiaries to declare a default on such
other Indebtedness or cause the payment of such other Indebtedness to be accelerated or
payable prior to its Stated Maturity; and

     (iii) as to which the lenders have been notified in writing that they shall not have
any recourse to the stock or assets of the Company or any of its Restricted Subsidiaries.

-16-

 

     “Non-U.S. Person” means a Person who is not a U.S. Person.

     “Note Custodian” means Wells Fargo Bank, N.A., as custodian with respect to the Notes
in global form, or any successor entity thereto.

     “Notes” means the Initial Notes, the Exchange Notes and any Additional Notes issued
under this Indenture.

     “Obligations” means any principal, premium and Additional Interest, if any, interest
(including interest accruing on or after the filing of any petition in bankruptcy or for
reorganization, whether or not a claim for post-filing interest is allowed in such proceeding),
penalties, fees, charges, expenses, indemnifications, reimbursement obligations, damages,
guarantees and other liabilities or amounts payable under the documentation governing any
Indebtedness or in respect thereto.

     “Offering Memorandum” means the offering memorandum prepared by the Company and dated
June 16, 2009.

     “Officer” means, with respect to any Person, the Chairman of the Board, the Chief
Executive Officer, the President, the Chief Operating Officer, the Chief Financial Officer, the
Treasurer, any Assistant Treasurer, the Controller, the Secretary or any Vice-President of such
Person.

     “Officers’ Certificate” means a certificate signed by two Officers or by an Officer
and either an Assistant Treasurer or an Assistant Secretary of the Company, which meets the
requirements of Section 12.05 hereof.

     “OID Legend” means the Original Issue Discount legend set forth in Section
2.06(g)(iv), which is required to be placed on all Notes issued under this Indenture.

     “Opinion of Counsel” means an opinion from legal counsel, who is reasonably acceptable
to the Trustee, which meets the requirements of Section 12.05 hereof. The counsel may be an
employee of or counsel to the Company or any Subsidiary.

     “Parent Entity” means any Person that is a direct or indirect parent of the Company.

     “Participant” means, with respect to the Depositary, Euroclear or Clearstream, a
Person who has an account with the Depositary, Euroclear or Clearstream, respectively (and, with
respect to The Depository Trust Company, shall include Euroclear and Clearstream).

     “Permitted Business” means the lines of business conducted by the Company and its
Subsidiaries on the Issue Date and any business incidental or reasonably related thereto or which
is a reasonable extension thereof as determined in good faith by the Board of Directors of the
Company and Cinemark Holdings, Inc.

     “Permitted Business Investment” means any Investment made in a Permitted Business
through agreements, transactions, interests or arrangements that permit one to share risks or
costs, achieve economies of scale, pool resources, comply with regulatory requirements regarding
local ownership or satisfy other objectives customarily achieved through the conduct of such
businesses jointly with third parties, relating to ownership interests in projectors, advertising
rights, ticketing rights, Internet properties and other similar intangible assets, either directly
or through entities the primary business of which is to own or operate any of the foregoing,
including entry into and Investments in the form of or pursuant to, operating agreements, pooling
arrangements, service contracts, joint venture agreements, partnership agreements (whether general
or limited), limited liability company agreements, subscription agreements,

-17-

 

stock purchase
agreements, stockholder agreements and other similar agreements with third parties (other than
Unrestricted Subsidiaries).

     “Permitted Holders” means (a) Madison Dearborn Partners, LLC and its Affiliates, (b)
Permitted Mitchell Holders, (c) Cinemark Holdings, Inc. and wholly-owned Subsidiaries thereof, (d)
Quadrangle Capital Partners LP and its Affiliates and (e) Syufy Enterprises, LP and its Affiliates.

     “Permitted Investments” means:

     (i) any Investment in the Company or in a Restricted Subsidiary of the Company;

     (ii) any Investment in Cash Equivalents;

     (iii) any Investment by the Company or any Subsidiary of the Company in a Person, if as
a result of such Investment:

     (a) such Person becomes a Restricted Subsidiary of the Company; or

     (b) such Person is merged, consolidated or amalgamated with or into, or
transfers or conveys substantially all of its assets to, or is liquidated into, the
Company or a Restricted Subsidiary of the Company;

and, in each case, any Investment held by such Person; provided, that such
Investment was not acquired by such Person in contemplation of such acquisition,
merger, consolidation or transfer;

     (iv) receivables owing to the Company or any Restricted Subsidiary created or acquired
in the ordinary course of business and payable or dischargeable in accordance with customary
trade terms; provided, however, that such trade terms may include such concessionary trade
terms as the Company or any such Restricted Subsidiary deems reasonable under the
circumstances;

     (v) workers’ compensation, utility, lease and similar deposits and prepaid expenses in
the ordinary course of business and endorsements of negotiable instruments and documents in
the ordinary course of business;

     (vi) loans or advances to employees (other than executive officers) made in the
ordinary course of business;

     (vii) any Investment made as a result of the receipt of non-cash consideration from an
Asset Sale or other disposition that was made pursuant to and in compliance with Section
4.10;

     (viii) Investments and other assets the payment for which consists of Equity Interests
(exclusive of Disqualified Stock) of the Company, or Equity Interests of any Parent Entity;
provided, however, that such Equity Interests will not increase the amount available for
Restricted Payments under clause (iii) of the first paragraph of Section 4.07.

     (ix) any Investment acquired by the Company or any of its Restricted Subsidiaries:

     (a) in exchange for any Investment or accounts receivable held by the Company
or any such Restricted Subsidiary in connection with or as a result of a bankruptcy,

-18-

 

workout, reorganization or recapitalization of the issuer of such other Investment
or accounts receivable; or

     (b) as a result of a foreclosure by the Company or any of its Restricted
Subsidiaries with respect to any secured Investment or other transfer of title with
respect to any secured Investment in default;

     (x) Hedging Obligations;

     (xi) refundable construction advances made with respect to the construction of
properties of a nature or type that are used in a business similar or related to the
business of the Company or its Restricted Subsidiaries in the ordinary course of business;

     (xii) advances or extensions of credit on terms customary in the industry in the form
of accounts or other receivables incurred, or pre-paid film rentals, and loans and advances
made in settlement of such accounts receivable, all in the ordinary course of business;

     (xiii) other Investments in any Person having an aggregate fair market value (measured
on the date each such Investment was made and without giving effect to subsequent changes in
value), when taken together with all other Investments made pursuant to this clause (xiii)
that are at the time outstanding, not to exceed the greater of $60.0 million and 3.0% of
Consolidated Net Tangible Assets (determined as of the time each such Investment is made);

     (xiv) Investments existing on the Issue Date;

     (xv) Guarantees issued in accordance with Section 4.09;

     (xvi) Permitted Business Investments;

     (xvii) advances, loans or extensions of credit to suppliers and vendors in the ordinary
course of business; and

     (xviii) Investments in DCIP in an aggregate amount (measured on the date each such
Investment was made and without giving effect to subsequent changes in value) not to exceed,
at any one time outstanding, $100.0 million.

     “Permitted Liens” means:

     (i) Liens on the property and assets of the Company and the Guarantors securing
Indebtedness and Guarantees permitted to be incurred under this Indenture (other than
subordinated Indebtedness of the Company or a Guarantor) in an aggregate principal amount
not to exceed the greater of (a) the maximum principal amount of Indebtedness that, as of
the date such Indebtedness was incurred, and after giving effect to the incurrence of such
Indebtedness and the application of proceeds therefrom on a pro forma basis as if such events had
occurred at the beginning of the relevant four-quarter period, would not cause the Senior
Secured Leverage Ratio of the Company to exceed 2.75 to 1.00 and (b) the aggregate principal
amount of Indebtedness permitted to be incurred pursuant to clause (i) of the second
paragraph of Section 4.09; provided that in each case the Company may elect pursuant to an
Officers’ Certificate delivered to the Trustee to treat all or any portion of the commitment
under any Indebtedness as being incurred at such time, in which case any subsequent
incurrence of Indebtedness under such commitment shall be deemed, for purposes of this
clause (i), not to be an incurrence at such subsequent time;

-19-

 

     (ii) Liens in favor of the Company or any Restricted Subsidiary of the Company;

     (iii) Liens on property of a Person existing at the time such Person is merged with or
into or consolidated with the Company or any Restricted Subsidiary of the Company; provided
that such Liens were in existence prior to the contemplation of such merger or consolidation
and do not extend to any assets other than those of the Person merged into or consolidated
with the Company or the Restricted Subsidiary;

     (iv) Liens on property existing at the time of acquisition of the property by the
Company or any Restricted Subsidiary of the Company, provided that such Liens were in
existence prior to the contemplation of such acquisition and do not extend to any other
assets;

     (v) Liens to secure the performance of statutory obligations, surety or appeal bonds,
performance bonds or other obligations of a like nature incurred in the ordinary course of
business and related letters of credit;

     (vi) Liens to secure Indebtedness (including Capital Lease Obligations) permitted by
clause (iv) of the second paragraph of Section 4.09 covering only the assets, accessions,
improvements and proceeds acquired with such Indebtedness;

     (vii) Liens existing on the Issue Date (excluding Liens relating to obligations under
Credit Facilities and Liens of the kind referred to in clauses (i) and (xxi) of this
definition);

     (viii) Liens for taxes, assessments or governmental charges or claims that are not yet
delinquent or that are being contested in good faith by appropriate proceedings promptly
instituted, provided that any reserve or other appropriate provision as is required in
conformity with GAAP has been made therefor;

     (ix) Liens on the Capital Stock of Unrestricted Subsidiaries;

     (x) Encumbrances, easements or reservations of, or rights of others for, licenses,
rights of way, sewers, electric lines, telegraph and telephone lines and other similar
purposes, or zoning, building codes or other restrictions (including, without limitation,
minor defects or irregularities in title and similar encumbrances) as to the use of real
properties or liens incidental to the conduct of the business of the Company or such
Restricted Subsidiary or to the ownership or leasing of its properties which, in the
aggregate, do not materially detract from the value of the property subject thereto or
materially interfere with the ordinary conduct of the business of the Company or such
Restricted Subsidiary;

     (xi) Leases or subleases granted to others that do not materially interfere with the
ordinary course of business of the Company and its Restricted Subsidiaries, taken as a
whole;

     (xii) Landlords’, carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s or
the like Liens arising by contract or statute in the ordinary course of business and with
respect to amounts which are not yet delinquent or are not more than 60 days past due or are
being contested in good faith by appropriate proceedings, provided that any reserve or other
appropriate provision as is required in conformity with GAAP has been made therefor;

     (xiii) Pledges or deposits made in the ordinary course of business (A) in connection
with bids, tenders, leases, performance bonds and similar obligations, or (B) in connection
with workers’ compensation, unemployment insurance and other social security or similar
legislation;

-20-

 

     (xiv) Liens encumbering property or assets under construction arising from progress or
partial payments by a customer of the Company or its Restricted Subsidiaries relating to
such property or assets;

     (xv) Liens in favor of customs and revenue authorities arising as a matter of law to
secure payment of customs duties in connection with the importation of goods;

     (xvi) Liens arising out of conditional sale, title retention, consignment or similar
arrangements for the sale of goods entered into by the Company or any of its Restricted
Subsidiaries in the ordinary course of business;

     (xvii) Liens on or sales of receivables;

     (xviii) the rights of film distributors under film licensing contracts entered into by
the Company or any Restricted Subsidiary in the ordinary course of business on a basis
customary in the movie exhibition industry;

     (xix) any attachment or judgment Lien that does not constitute an Event of Default;

     (xx) Liens in favor of the Trustee for its own benefit and for the benefit of the
Holders of the Notes;

     (xxi) Liens (including extensions and renewals thereof) upon real or personal property
acquired after the Issue Date; provided that (a) such Lien is created solely for the purpose
of securing Indebtedness incurred, in accordance with Section 4.09, (1) to finance the cost
(including the cost of improvement or construction) of the item of property or assets
subject thereto and such Lien is created prior to, at the time of or within six months after
the later of the acquisition, the completion of construction or the commencement of full
operation of such property or (2) to refinance any Indebtedness previously so secured, (b)
the principal amount of the Indebtedness secured by such Lien does not exceed 100% of such
cost and (c) any such Lien shall not extend to or cover any property or assets other than
such item of property or assets and any accessions, proceeds and improvements on such item;

     (xxii) Liens incurred or deposits made to secure the performance of tenders, bids,
leases, statutory or regulatory obligations, banker’s acceptances, surety and appeal bonds,
government contracts, performance and return-of-money bonds and other obligations of a
similar nature incurred in the ordinary course of business (exclusive of obligations for the
payment of borrowed money);

     (xxiii) Liens securing Hedging Obligations;

     (xxiv) Liens arising from filing Uniform Commercial Code financing statements with
respect to leases;

     (xxv) Liens incurred in the ordinary course of business of the Company or any Guarantor
with respect to obligations that do not exceed $10.0 million at any one time outstanding;

     (xxvi) Liens arising solely by virtue of any statutory or common law provisions and
ordinary course of business contractual provisions, in each case, relating to banker’s
Liens, rights of set-off or similar rights and remedies as to deposit accounts or other
funds maintained with a depositary institution or brokerage;

-21-

 

     (xxvii)  Liens on property or shares of stock of a Person at the time such Person
becomes a Restricted Subsidiary; provided, however, that such Liens are not created,
incurred or assumed in connection with, or in contemplation of, such other Person becoming a
Restricted Subsidiary; provided further, however, that any such Lien may not extend to any
other property owned by the Company or any Restricted Subsidiary;

     (xxviii)  Liens securing the Notes and the Subsidiary Guarantees;

     (xxix)  Liens securing Indebtedness incurred to refinance Indebtedness that was
previously so secured (other than Liens incurred pursuant to clauses (i), (xxv) or (xxxii)),
provided that any such Lien is limited to all or part of the same property or assets (plus
improvements, accessions, proceeds or dividends or distributions in respect thereof) that
secured (or, under the written arrangements under which the original Lien arose, could
secure) the Indebtedness being refinanced;

     (xxx)  leases, licenses, subleases and sublicenses of assets (including, without
limitation, real property and intellectual property rights) which do not materially
interfere with the ordinary conduct of the business of the Company or any of its Restricted
Subsidiaries;

     (xxxi)  Liens securing Indebtedness permitted by clauses (xv) and (xviii) of the second
paragraph of Section 4.09 and Liens on money escrowed to secure Indebtedness permitted by
clause (x) of the second paragraph of Section 4.09;

     (xxxii)  Liens securing letters of credit in an amount not to exceed $25.0 million in
the aggregate at any one time;

     (xxxiii)  Liens to secure Capital Lease Obligations;

     (xxxiv) any encumbrance or restriction (including put and call arrangements) with
respect to Capital Stock of any joint venture or any interest acquired pursuant to a
Permitted Business Investment;

     (xxxv) Liens arising under this Indenture in favor of the Trustee for its own benefit
and similar Liens in favor of other trustees, agents and representatives arising under
instruments governing Indebtedness permitted to be incurred or outstanding under this
Indenture, provided that such Liens are solely for the benefit of the trustees, agents and
representatives in their capacities as such and not for the benefit of the holders of such
Indebtedness; and

     (xxxvi) Liens arising from the deposit of funds or securities in trust for the purpose
of decreasing or defeasing Indebtedness so long as such deposit of funds or securities and
such decreasing or defeasing of Indebtedness are permitted under Section 4.07.

     In each case set forth above, notwithstanding any stated limitation on the assets that may be
subject to such Lien, a Permitted Lien on a specified asset or group or type of assets may include
Liens on all improvements, additions and accessions thereto and all products and proceeds thereof,
including dividends, distributions, interest and increases in respect thereof.

     “Permitted Mitchell Holders” means (a) Lee Roy Mitchell or Tandy Mitchell, or any
descendant of Lee Roy Mitchell or the spouse of any such descendant, the estate of Lee Roy
Mitchell, Tandy Mitchell, any descendant of Lee Roy Mitchell or the spouse of any such descendant
or any trust or other arrangement for the benefit of Lee Roy Mitchell, Tandy Mitchell, any
descendant of Lee Roy Mitchell or the spouse of any such descendant (collectively, the
“Mitchell Family”) and (b) any group which includes

-22-

 

any member or members of the Mitchell
Family if a majority of the Capital Stock of the Company held by such group is beneficially owned
(including the power to vote such Capital Stock of the Company) by such member or members of the
Mitchell Family or by one or more Affiliates at least 80% of the equity interests of which are
owned by such member or members of the Mitchell Family.

     “Permitted Refinancing Indebtedness” means any Indebtedness, Disqualified Stock or
preferred stock of the Company or any of its Restricted Subsidiaries issued in exchange for, or the
net proceeds of which are used to extend, refinance, renew, replace, defease or refund other
Indebtedness, Disqualified Stock or preferred stock of the Company or any of its Restricted
Subsidiaries (other than intercompany Indebtedness); provided that:

     (i) the principal amount (or accreted value or liquidation preference, if applicable)
of such Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted
value or liquidation preference, if applicable) of the Indebtedness, Disqualified Stock or
preferred stock extended, refinanced, renewed, replaced, defeased or refunded (plus all
accrued interest (or dividends, if applicable) on the Indebtedness, Disqualified Stock or
preferred stock and the amount of all expenses, fees and premiums incurred in connection
therewith);

     (ii)  such Permitted Refinancing Indebtedness has a final maturity date later than or
equal to the final maturity date of, and has a Weighted Average Life to Maturity equal to or
greater than the Weighted Average Life to Maturity of, the Indebtedness, Disqualified Stock
or preferred stock being extended, refinanced, renewed, replaced, defeased or refunded;

     (iii)  if the Indebtedness, Disqualified Stock or preferred stock being extended,
refinanced, renewed, replaced, defeased or refunded is subordinated in right of payment to
the Notes, such Permitted Refinancing Indebtedness has a final maturity date later than the
final maturity date of, and is subordinated in right of payment to, the Notes on terms at
least as favorable to the Holders of Notes as those contained in the documentation governing
the Indebtedness, Disqualified Stock or preferred stock being extended, refinanced, renewed,
replaced, defeased or refunded; and

     (iv)  such Indebtedness, Disqualified Stock or preferred stock is incurred or issued
either by the Company or any Guarantor or by the Restricted Subsidiary who is the obligor on
the Indebtedness being extended, refinanced, renewed, replaced, defeased or refunded.

     “Person” means any individual, corporation, partnership, joint venture, association,
joint-stock company, trust, unincorporated organization, limited liability company or government or
other entity.

     “Private Placement Legend” means the applicable legend set forth in Section 2.06(g)(i)
to be placed on all Notes issued under this Indenture except where otherwise permitted by the
provisions of this Indenture.

     “Pro Forma Cost Savings” means, with respect to any period, the reduction in costs and
related adjustments that occurred during the four-quarter reference period or after the end of the
four-quarter period and on or prior to the Calculation Date that were (i) directly attributable to
an acquisition or disposition and calculated on a basis that is consistent with Regulation S-X
under the Securities Act as in effect and applied as of the Issue Date or (ii) implemented, or for
which the steps necessary for implementation have been taken by the Company and are reasonably
expected to occur, with respect to the Company or the business that was the subject of any such
acquisition or disposition within six months before or after the date of the acquisition or
disposition and that are supportable and quantifiable by the underlying accounting records of such
business, as if, in the case of each of clause (i) and (ii), all such reductions in costs and
related adjustments had been effected as of the beginning of such period.

-23-

 

     “QIB” means a “qualified institutional buyer” as defined in Rule 144A.

     “Quotation Agent” means the Reference Treasury Dealer selected by the Trustee after
consultation with the Company.

     “Reference Treasury Dealer” means any three nationally recognized investment banking
firms selected by the Company that are primary dealers of Government Securities.

     “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury
Dealer and any redemption date, the average, as determined by the Trustee, of the bid and asked
prices for the Comparable Treasury Issue with respect to the Notes, expressed in each case as a
percentage of its principal amount, quoted in writing to the Trustee by such Reference Treasury
Dealer at 5:00 p.m., New York City time, on the third business day immediately preceding the
redemption date.

     “Registration Rights Agreement” means (1) with respect to the Initial Notes issued on
the Issue Date, the Registration Rights Agreement dated as of the date hereof among the Company,
the Guarantors and the Initial Purchasers and (2) with respect to each issuance of Additional Notes
issued in a transaction exempt from the registration requirements of the Securities Act, the
registration rights agreement, if any, among the Company, the Guarantors and the Initial Purchasers
under the related purchase agreement.

     “Regulation S” means Regulation S promulgated under the Securities Act.

     “Regulation S Global Note” means one or more global Notes in the form of Exhibit A
hereto bearing the Global Note Legend, the Private Placement Legend, the OID Legend and the ERISA
Legend and deposited with or on behalf of and registered in the name of the Depositary or its
nominee, that shall represent the aggregate principal amount of the Notes sold in reliance on
Regulation S.

     “Regulation S Legend” means the legend set forth in the second paragraph of Section
2.06(g)(iii) which is required to be placed on all Notes issued pursuant to Regulation S.

     “Regulation S Permanent Global Note” means a permanent global note bearing the Global
Note Legend, the Private Placement Legend, the OID Legend and the ERISA Legend and deposited with,
or on behalf of, and registered in the name of, the Depositary or its nominee, that shall equal the
outstanding principal amount of the Regulation S Temporary Global Note upon expiration of the
Distribution Compliance Period.

     “Regulation S Temporary Global Note” means one or more global notes bearing the Global
Note Legend, the Regulation S Temporary Global Note Legend, the Private Placement Legend, the OID
Legend and the ERISA Legend and deposited with, or on behalf of, and registered in the name of, the
Depositary or its nominee that shall represent the aggregate principal amount of the Notes sold in
reliance on Regulation S.

     “Regulation S Temporary Global Note Legend” means the legend set forth in the first
paragraph of Section 2.06(g)(iii), which is required to be placed on all Regulation S Temporary
Global Notes issued under this Indenture.

     “Responsible Officer” means when used with respect to the Trustee, the officer within
the Corporate Trust Division of the Trustee (or any successor unit, department or division of the
Trustee) located at the Corporate Trust Office of the Trustee, who has direct responsibility for
the administration of this Indenture and, for the purposes of Section 7.01(c)(ii) and the second
sentence of Section 7.05 shall also include any officer of the Trustee to whom any corporate trust
matter is referred because of such person’s knowledge of and familiarity with the particular
subject.

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     “Restricted Definitive Note” means a Definitive Note bearing the Private Placement
Legend.

     “Restricted Global Note” means a Global Note in the form of Exhibit A attached hereto
that bears the Global Note Legend and the Private Placement Legend and that has the “Schedule of
Exchanges of Interests in the Global Note” attached thereto, and that is deposited with or on
behalf of and registered in the name of the Depositary.

     “Restricted Investment” means an Investment other than a Permitted Investment.

     “Restricted Payments Computation Period” means the period (taken as one accounting
period) beginning on April 1, 2009 to the end of the Company’s most recently ended fiscal quarter
for which internal financial statements are available at the time of such Restricted Payment.

     “Restricted Subsidiary” of a Person means any Subsidiary of the referent Person (or if
no such Person is specified, the Company) that is not an Unrestricted Subsidiary.

     “Rule 144” means Rule 144 promulgated under the Securities Act.

     “Rule 144A” means Rule 144A promulgated under the Securities Act.

     “Rule 903” means Rule 903 promulgated under the Securities Act.

     “Rule 904” means Rule 904 promulgated the Securities Act.

     “Securities Act” means the Securities Act of 1933, as amended.

     “Senior Debt” means, whether outstanding on the Issue Date or thereafter incurred:

     (i) all Indebtedness of the Company outstanding under the Notes;

     (ii) any other amounts payable by the Company and its Restricted Subsidiaries under or
in respect of Indebtedness of the Company and its Restricted Subsidiaries, unless the
instrument under which such Indebtedness is incurred expressly provides that it is
subordinated in right of payment to the Notes and the Subsidiary Guarantees; and

     (iii) all Obligations with respect to the items listed in the preceding clauses (i) and
(ii) (including any premiums and accrued and unpaid interest and interest accruing on or
subsequent to the filing of a petition of bankruptcy or for reorganization relating to the
Company or any of its Restricted Subsidiaries at the rate provided for in the documentation
with respect thereto, whether or not such interest is an allowed claim under applicable law)
and fees relating thereto.

     Notwithstanding anything to the contrary in the preceding, Senior Debt shall not include:

     (i) any liability for federal, state, local or other taxes owed or owing by the Company
or any of its Restricted Subsidiaries;

     (ii) any Indebtedness of the Company to any of its Restricted Subsidiaries or any
obligation of a Restricted Subsidiary to the Company or another Restricted Subsidiary;

     (iii) any trade payables arising in the ordinary course of business;

     (iv) any Capital Stock; or

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     (v) the portion of any Indebtedness that is incurred in violation of this Indenture
(but only to the extent so incurred).

     “Senior Secured Leverage Ratio” of any Person means, for any period, the ratio of (a)
Net Senior Secured Indebtedness of such Person and its Restricted Subsidiaries as of the date of
determination to (b) Consolidated Cash Flow of such Person for the four fiscal quarters for which
internal financial statements are available immediately preceding the date on which such additional
Indebtedness is incurred; in each case with such pro forma adjustments to Net Senior Secured
Indebtedness and Consolidated Cash Flow as are appropriate and consistent with the pro forma
adjustments provisions set forth in the definition of “Fixed Charge Coverage Ratio.”

     “Shelf Registration Statement” shall have the meaning set forth in the Registration
Rights Agreement.

     “Significant Subsidiary” means any Subsidiary that would be a “significant subsidiary”
as defined in Article 1, Rule 1-02 of 

Regulation S-X, promulgated pursuant to the Securities Act
and the Exchange Act, as such Regulation is in effect on the Issue Date.

     “S&P” means Standard & Poor’s Ratings Group, or any successor to the rating agency
business thereof.

     “Stated Maturity” means, with respect to any installment of interest or principal on
any series of Indebtedness, the date on which the payment of interest or principal was scheduled to
be paid in the original documentation governing such Indebtedness, and shall not include any
contingent obligations to repay, redeem or repurchase any such interest or principal prior to the
date originally scheduled for the payment thereof.

     “Subsidiary” means, with respect to any specified Person:

     (i) any corporation, association or other business entity of which more than 50% of the
total voting power of shares of Capital Stock entitled (without regard to the occurrence of
any contingency) to vote in the election of directors, managers or trustees of the
corporation, association or other business entity is at the time owned or controlled,
directly or indirectly, by that Person or one or more of the other Subsidiaries of that
Person (or a combination thereof); and

     (ii) any partnership (a) the sole general partner or the managing general partner of
which is such Person or a Subsidiary of such Person or (b) the only general partners of
which are that Person or one or more Subsidiaries of that Person (or any combination
thereof).

     “Subsidiary Guarantee” means, individually, any Guarantee of payment of the Notes and
Exchange Notes by a Guarantor pursuant to the terms of this Indenture and any supplemental
indenture hereto, and, collectively, all such Guarantees.

     “Theatre Completion” means any motion picture theatre or screen which was first opened
for business by the Company or a Restricted Subsidiary during any applicable period.

     “TIA” means the Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa 77bbbb) as in effect
on the date on which this Indenture is qualified under the TIA provided, however, that in the event
the TIA is amended after such date, “TIA” means, to the extent required by such amendment,
the Trust Indenture Act, as so amended.

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     “Transactions” means the offering of the Notes, the dividending of the proceeds
thereof to Cinemark, Inc. and the application of the proceeds therefrom to redeem, repurchase,
retire or otherwise acquire the $419.4 million aggregate principal amount at maturity 93/4% Senior
Discount Notes due 2014 of Cinemark, Inc., and the payment of all fees, costs, expenses, premiums
and other payments in connection with the foregoing.

     “Trustee” means the party named as such above until a successor replaces it in
accordance with the applicable provisions of this Indenture and thereafter means the successor
serving hereunder.

     “Unrestricted Definitive Note” means one or more Definitive Notes that do not bear and
are not required to bear the Private Placement Legend.

     “Unrestricted Global Note” means a Global Note in the form of Exhibit A attached
hereto that bears the Global Note Legend and that has the “Schedule of Exchanges of Interests in
the Global Note” attached thereto, and that is deposited with or on behalf of and registered in the
name of the Depositary, representing Notes that do not bear and are not required to bear the
Private Placement Legend.

     “Unrestricted Subsidiary” means any Subsidiary of the Company that is designated by
the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of
such Board of Directors, but only if such Subsidiary:

     (i) has no Indebtedness other than Non-Recourse Debt;

     (ii) is not party to any agreement, contract, arrangement or understanding with the
Company or any Restricted Subsidiary of the Company unless the terms of any such agreement,
contract, arrangement or understanding, taken as a whole, are not materially less favorable
to the Company or such Restricted Subsidiary than those that might be obtained at the time
from Persons who are not Affiliates of the Company;

     (iii) is a Person with respect to which neither the Company nor any of its Restricted
Subsidiaries has any direct or indirect obligation (a) to subscribe for additional Equity
Interests or (b) to maintain or preserve such Person’s financial condition or to cause such
Person to achieve any specified levels of operating results;

     (iv) has not Guaranteed or otherwise directly or indirectly provided credit support for
any Indebtedness of the Company or any of its Restricted Subsidiaries; and

     (v) either alone or in the aggregate with all other Unrestricted Subsidiaries, does not
operate, directly or indirectly, all or substantially all of the business of the Company and
its Subsidiaries.

     Any designation of a Subsidiary of the Company as an Unrestricted Subsidiary shall be
evidenced to the Trustee by filing with the Trustee a certified copy of the resolution of the Board
of Directors of the Company giving effect to such designation and an officers’ certificate
certifying that such designation complied with the preceding conditions and was permitted by
Section 4.07 and Section 4.17. If, at any time, any Unrestricted Subsidiary would fail to meet the
preceding requirements as an Unrestricted Subsidiary, it shall thereafter cease to be an
Unrestricted Subsidiary for purposes of this Indenture and any Indebtedness of such Subsidiary
shall be deemed to be incurred by a Restricted Subsidiary of the Company as of such date and, if
such Indebtedness is not permitted to be incurred as of such date under Section 4.09, the Company
shall be in default of such covenant. The Board of Directors of the Company may at any time
designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided that such designation
shall be deemed to be an incurrence of Indebtedness by a Restricted
Subsidiary of the

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Company of
any outstanding Indebtedness of such Unrestricted Subsidiary and such designation shall only be
permitted if (1) such Indebtedness is permitted under Section 4.09, calculated on a pro forma basis
as if such designation had occurred at the beginning of the four-quarter reference period; and (2)
no Default or Event of Default would be in existence following such designation. As of the Issue
Date, the Company’s only Unrestricted Subsidiary shall be Cinemark Media, Inc.

     Notwithstanding the foregoing definition and the covenant contained in Section 4.17, if the
Company indirectly acquires additional Equity Interests in DCIP pursuant to a merger or acquisition
such that DCIP becomes a Subsidiary of the Company, DCIP shall be deemed to be an Unrestricted
Subsidiary and the aggregate amount of the Company’s and its Restricted Subsidiaries’ Investments
in DCIP at such date shall be deemed not to be an Investment and shall not reduce the amounts
available for Restricted Payments and Permitted Investments; provided, however, that any subsequent
Investment in DCIP shall be an Investment.

     “U.S. Person” means a U.S. person as defined in Rule 902(k) under the Securities Act.

     “Voting Stock” of any Person as of any date means the Capital Stock of such Person
that is normally entitled to vote in the election of the Board of Directors of such Person.

     “Weighted Average Life to Maturity” means, when applied to any Indebtedness at any
date, the number of years obtained by dividing:

     (i) the sum of the products obtained by multiplying (a) the amount of each then
remaining installment, sinking fund, serial maturity or other required payments of
principal, including payment at final maturity, in respect of the Indebtedness, by (b) the
number of years (calculated to the nearest one-twelfth) that shall elapse between such date
and the making of such payment; by

     (ii) the then outstanding principal amount of such Indebtedness.

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SECTION 1.02.  Other Definitions.

	 	 	 	 	 
	 	 	Defined in
	Term	 	Section
	“Acceptable Commitment”
	 	 	4.10	 
	“Affiliate Transaction”
	 	 	4.11	 
	“Asset Sale Offer”
	 	 	4.10	 
	“Authenticating Agent”
	 	 	2.02	 
	“Authentication Order”
	 	 	2.02	 
	“Change of Control Offer”
	 	 	4.15	 
	“Change of Control Payment”
	 	 	4.15	 
	“Change of Control Payment Date”
	 	 	4.15	 
	“Covenant Defeasance”
	 	 	8.03	 
	“DTC”
	 	 	2.03	 
	“Event of Default”
	 	 	6.01	 
	“Excess Proceeds”
	 	 	4.10	 
	“incur”
	 	 	4.09	 
	“Legal Defeasance”
	 	 	8.02	 
	“New Guarantor”
	 	 	4.16	 
	“Offer Amount”
	 	 	4.10	 
	“Other Consideration”
	 	 	4.10	 
	“Other Indebtedness
	 	 	4.16	 
	“Paying Agent”
	 	 	2.03	 
	“Payment Default”
	 	 	6.01	 
	“Purchase Date”
	 	 	4.10	 
	“Registrar”
	 	 	2.03	 
	“Restricted Payments”
	 	 	4.07	 
	“Transaction Value”
	 	 	4.10	 

SECTION 1.03.  Incorporation by Reference of TIA.

     Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by
reference in and made a part of this Indenture.

     The following TIA terms used in this Indenture have the following meanings:

     “indenture securities” means the Notes;

     “indenture security holder” means a Holder of a Note;

     “indenture to be qualified” means this Indenture;

     “indenture trustee” or “institutional trustee” means the Trustee; and

     “obligor” on the Notes and the Subsidiary Guarantees means the Company and the
Guarantors, respectively, and any successor obligors upon the Notes and the Subsidiary Guarantees,
respectively.

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     All other terms used in this Indenture that are defined by the TIA, defined by TIA reference
to another statute or defined by Commission rule under the TIA have the meanings so assigned to
them.

SECTION 1.04.  Rules of Construction.

     Unless the context otherwise requires:

     (1) a term has the meaning assigned to it;

     (2) an accounting term not otherwise defined has the meaning assigned to it in
accordance with GAAP;

     (3) “or” is not exclusive;

     (4) words in the singular include the plural, and in the plural include the singular;

     (5) provisions apply to successive events and transactions;

     (6) “herein,” “hereof,” “hereunder” and other words of similar import refer to this
Indenture (as amended or supplemented from time to time) and not to any particular Article,
Section or other subdivision; and

     (7) references to sections of or rules under the Securities Act shall be deemed to
include substitute, replacement of successor sections or rules adopted by the Commission
from time to time.

ARTICLE 2.

THE NOTES

SECTION 2.01.  Form and Dating.

          (a) General.

     The Notes and the Trustee’s certificate of authentication shall be substantially in the form
of Exhibit A hereto. The Notes may have notations, legends or endorsements required by law, stock
exchange rule or usage. The Company and the Trustee shall approve the forms of the Notes and any
notation, legend or endorsement on them. Each Note shall be dated the date of its authentication.
The Notes shall be in denominations of $2,000 aggregate principal amount and integral multiples of
$1,000 in excess thereof.

     The terms and provisions contained in the Notes shall constitute, and are hereby expressly
made, a part of this Indenture and the Company, the Guarantors and the Trustee, by their execution
and delivery of this Indenture, expressly agree to such terms and provisions and to be bound
thereby. However, to the extent any provision of any Note conflicts with the express provisions of this Indenture, the
provisions of this Indenture shall govern and be controlling. Notes shall be dated the date of
their authentication.

     Notes issued in global form shall be substantially in the form of Exhibit A attached hereto
(including the Global Note Legend thereon and the “Schedule of Exchanges of Interests in the Global
Note” attached thereto). Notes issued in definitive form shall be substantially in the form of
Exhibit A

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attached hereto (but without the Global Note Legend thereon and without the “Schedule of
Exchanges of Interests in the Global Note” attached thereto).

          (b) Global Notes.

     Each Global Note shall represent such of the outstanding Notes as shall be specified therein
and each shall provide that it shall represent the aggregate principal amount of outstanding Notes
from time to time endorsed thereon and that the aggregate principal amount of outstanding Notes
represented thereby may from time to time be reduced or increased, as appropriate, to reflect
exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase
or decrease in the aggregate principal amount of outstanding Notes represented thereby shall be
made by the Trustee, the Depositary or the Note Custodian, at the direction of the Trustee, in
accordance with instructions given by the Holder thereof as required by Section 2.06 hereof.

          (c) Temporary Global Notes.

     Notes offered and sold in reliance on Regulation S shall be issued initially in the form of
the Regulation S Temporary Global Note, which shall bear the Regulation S Temporary Global Note
Legend and which shall be deposited on behalf of the purchasers of the Notes represented thereby
with the Trustee, as custodian for the Depositary, and registered in the name of the Depositary or
the nominee of the Depositary for the accounts of designated agents holding on behalf of Euroclear
or Clearstream, duly executed by the Company and authenticated by the Trustee as hereinafter
provided. The Distribution Compliance Period shall be terminated upon the receipt by the Trustee of
(i) a written certificate from the Depositary, together with copies of certificates from Euroclear
and Clearstream certifying that they have received certification of non-United States beneficial
ownership of 100% of the aggregate principal amount of the Regulation S Temporary Global Note
(except to the extent of any beneficial owners thereof who acquired an interest therein during the
Distribution Compliance Period pursuant to another exemption from registration under the Securities
Act and who shall take delivery of a beneficial ownership interest in a 144A Global Note or an IAI
Global Note bearing a Private Placement Legend, the ERISA Legend and the OID Legend all as
contemplated by Section 2.06(b)(iii) hereof), and (ii) an Officers’ Certificate from the Company.
Following the termination of the Distribution Compliance Period, beneficial interests in the
Regulation S Temporary Global Note shall be exchanged for beneficial interests in Regulation S
Permanent Global Notes pursuant to the Applicable Procedures. Simultaneously with the
authentication of Regulation S Permanent Global Notes, the Trustee shall cancel the Regulation S
Temporary Global Note. The aggregate principal amount of the Regulation S Temporary Global Note and
the Regulation S Permanent Global Notes may from time to time be increased or decreased by
adjustments made on the records of the Trustee and the Depositary or its nominee, as the case may
be, in connection with transfers of interest as hereinafter provided.

          (d) Euroclear and Clearstream Procedures Applicable.

     The provisions of the “Operating Procedures of the Euroclear System” and “Terms and Conditions
Governing Use of Euroclear” and the “General Terms and Conditions of Clearstream” and “Customer
Handbook” of Clearstream shall be applicable to transfers of beneficial interests in the Regulation
S Temporary Global Note and the Regulation S Permanent Global Notes that are held by Participants
through Euroclear or Clearstream.

SECTION 2.02.  Execution and Authentication.

     An Officer of the Company shall sign the Notes for the Company by manual or facsimile
signature.

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     If an Officer whose signature is on a Note no longer holds that office at the time the Trustee
authenticates the Note, the Note shall nevertheless be valid.

     A Note shall not be valid until an authorized signatory of the Trustee manually authenticates
the Note. The signature of the Trustee on a Note shall be conclusive evidence that the Note has
been duly and validly authenticated and issued under this Indenture.

     The Trustee shall, upon a written order of the Company signed by two Officers of the Company
or by an Officer and an Assistant Secretary of the Company (the “Authentication Order”),
authenticate (i) on the Issue Date $470,000,000 in aggregate principal amount of Notes, (ii) at any
time and from time to time thereafter, Additional Notes (subject to the provisions of Section 2.13)
in an aggregate principal amount specified in such Authentication Order and (iii) Exchange Notes
issued in exchange for a like principal amount of Initial Notes or Additional Notes tendered
pursuant to an Exchange Offer. Such Authentication Order shall specify (i) the amount of the Notes
to be authenticated, (ii) the date on which the Notes are to be authenticated, (iii) whether the
Notes are to be Initial Notes, Exchange Notes or Additional Notes and (iv) whether such Notes shall
bear the Global Note Legend, the ERISA Legend, the OID Legend, the Regulation S Temporary Global
Note Legend and/or the Private Placement Legend.

     The Trustee may appoint an authenticating agent (the “Authenticating Agent”)
acceptable to the Company to authenticate Notes. An Authenticating Agent may authenticate Notes
whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee
includes authentication by such Authenticating Agent. An Authenticating Agent has the same rights
as an Agent to deal with the Company or an Affiliate of the Company.

SECTION 2.03.  Registrar and Paying Agent.

     The Company shall maintain an office or agency where Notes may be presented for registration
of transfer or for exchange (“Registrar”) and an office or agency where Notes may be
presented for payment (“Paying Agent”). The Company shall cause each of the Registrar and
the Paying Agent to maintain an office or agency in the Borough of Manhattan, The City of New York.
The Registrar shall keep a register of the Notes and of their transfer and exchange. The Company
may appoint one or more co-registrars and one or more additional paying agents. The term
“Registrar” includes any co-registrar and the term “Paying Agent” includes any additional paying
agent. The Company may change any Paying Agent or Registrar without prior notice to any Holder. The
Company shall notify the Trustee in writing of the name and address of any Agent not a party to
this Indenture. If the Company fails to appoint or maintain another entity as Registrar or Paying
Agent, the Trustee shall act as such. The Company or any of its Subsidiaries may act as Paying
Agent or Registrar.

     The Company initially appoints The Depository Trust Company (“DTC”) to act as
Depositary with respect to the Global Notes.

     The Company initially appoints the Trustee to act as the Registrar and Paying Agent. The
Trustee shall act as Note Custodian with respect to the Global Notes in accordance with its
agreement with DTC.

SECTION 2.04.  Paying Agent to Hold Money in Trust.

     By no later than 11:00 a.m. (New York City time) on the date on which any principal of or
interest on any Notes is due and payable, the Company shall deposit with the Paying Agent a sum
sufficient in immediately available funds to pay such principal or interest when due. The Company
shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent
shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent
for the payment of

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principal of or premium, if any, Additional Interest, if any, or interest on the
Notes, and shall notify the Trustee in writing of any default by the Company in making any such
payment. While any such default continues, the Trustee may require a Paying Agent to pay all money
held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held
by it to the Trustee and to account for any funds disbursed by such Paying Agent. Upon payment over
to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) shall have no further
liability for the money. If the Company or a Subsidiary acts as Paying Agent, it shall segregate
and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying
Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee shall
serve as Paying Agent for the Notes.

SECTION 2.05.  Holder Lists.

     The Trustee shall preserve in as current a form as is reasonably practicable the most recent
list available to it of the names and addresses of all Holders and shall otherwise comply with TIA
§ 312(a). If the Trustee is not the Registrar, the Company shall furnish to the Trustee at least
seven Business Days before each interest payment date and at such other times as the Trustee may
request in writing, a list in such form and as of such date as the Trustee may reasonably require
of the names and addresses of the Holders of Notes and the Company shall otherwise comply with TIA
§ 312(a).

SECTION 2.06.  Transfer and Exchange.

          (a) Transfer and Exchange of Global Notes. A Global Note may not be transferred as a
whole except by the Depositary to a nominee of the Depositary, by a nominee of the Depositary to
the Depositary or to another nominee of the Depositary, or by the Depositary or any such nominee
to a successor Depositary or a nominee of such successor Depositary. All Global Notes shall be
exchanged by the Company for Definitive Notes if (i) the Company delivers to the Trustee notice
from the Depositary that it is unwilling or unable to continue to act as Depositary or that it is
no longer a clearing agency registered under the Exchange Act and, in either case, a successor
Depositary is not appointed by the Company within 120 days after the date of such notice from the
Depositary, (ii) the Company in its sole discretion determines that the Global Notes (in whole but
not in part) should be exchanged for Definitive Notes and delivers a written notice to such effect
to the Trustee; or (iii) there shall have occurred and be continuing a Default or Event of
Default with respect to the Notes; provided that in no event shall the Regulation S Temporary
Global Note be exchanged by the Company for Definitive Notes prior to (x) the expiration of the
Distribution Compliance Period and (y) the receipt by the Registrar of any certificates required
pursuant to Rule 903(b)(3)(ii)(B) under the Securities Act. Upon the occurrence of any of the preceding events in (i), (ii) or (iii) above, Definitive Notes
shall be issued in such names as the Depositary shall instruct the Trustee. Global Notes also may
be exchanged or replaced, in whole or in part, as provided in Sections 2.07, 2.10 and 9.05 hereof.
Every Note authenticated and delivered in exchange for, or in lieu of, a Global Note or any
portion thereof, pursuant to this Section 2.06 or Section 2.07 or 2.10 or 9.05 hereof, shall be
authenticated and delivered in the form of, and shall be, a Global Note. A Global Note may not be
exchanged for another Note other than as provided in this Section 2.06(a); however, beneficial
interests in a Global Note may be transferred and exchanged as provided in Section 2.06(b), (c) or
(f) hereof.

          (b) Transfer and Exchange of Beneficial Interests in the Global Notes. The transfer
and exchange of beneficial interests in the Global Notes shall be effected through the Depositary,
in accordance with the provisions of this Indenture and the Applicable Procedures. Beneficial
interests in the Restricted Global Notes shall be subject to restrictions on transfer comparable
to those set forth herein to the extent required by the Securities Act. Transfers of beneficial
interests in the Global Notes also shall require compliance with either subparagraph (i) or (ii)
below, as applicable, as well as one or more of the other following subparagraphs, as applicable:

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     (i) Transfer of Beneficial Interests in the Same Global Note.
Beneficial interests in any Restricted Global Note may be transferred to Persons who
take delivery thereof in the form of a beneficial interest in the same Restricted
Global Note in accordance with the transfer restrictions set forth in the Private
Placement Legend and any Applicable Procedures; provided, however, that prior to the
expiration of the Distribution Compliance Period, transfers of beneficial interests
in the Temporary Regulation S Global Note may not be made to a U.S. Person or for
the account or benefit of a U.S. Person (other than an Initial Purchaser or a
“distributor” (as defined in Rule 902(d) of Regulation S)). Beneficial interests in
any Unrestricted Global Note may be transferred to Persons who take delivery thereof
in the form of a beneficial interest in an Unrestricted Global Note. Except as may
be required by Applicable Procedures, no written orders or instructions shall be
required to be delivered to the Registrar to effect the transfers described in this
Section 2.06(b)(i).

     (ii) All Other Transfers and Exchanges of Beneficial Interests in Global
Notes. In connection with all transfers and exchanges of beneficial interests
that are not subject to Section 2.06(b)(i) above, the transferor of such beneficial
interest must deliver to the Registrar either (A) (1) a written order from a
Participant or an Indirect Participant given to the Depositary in accordance with
the Applicable Procedures directing the Depositary to credit or cause to be credited
a beneficial interest in another Global Note in an amount equal to the beneficial
interest to be transferred or exchanged and (2) instructions given in accordance
with the Applicable Procedures containing information regarding the Participant
account to be credited with such increase or (B) if permitted under Section 2.06(a)
hereof, (1) a written order from a Participant or an Indirect Participant given to
the Depositary in accordance with the Applicable Procedures directing the Depositary
to cause to be issued a Definitive Note in an amount equal to the beneficial
interest to be transferred or exchanged and (2) instructions given by the Depositary
to the Registrar containing information regarding the Person in whose name such
Definitive Note shall be registered to effect the transfer or exchange referred to
in (B)(1) above; provided that in no event shall Definitive Notes be issued upon the
transfer or exchange of beneficial interests in the Regulation S Temporary Global
Note prior to (x) the expiration of the Distribution Compliance Period and (y) the
receipt by the Registrar of any certificates required pursuant to Rule 903 under the
Securities Act. Upon consummation of an Exchange Offer by the Company in accordance
with Section 2.06(f) hereof, the requirements of this Section 2.06(b)(ii) shall be
deemed to have been satisfied upon receipt by the Registrar of the instructions contained in the Letter of
Transmittal delivered by the Holder of such beneficial interests in the Restricted
Global Notes. Upon notification from the Registrar that all of the requirements for
transfer or exchange of beneficial interests in Global Notes contained in this
Indenture and the Notes or otherwise applicable under the Securities Act have been
satisfied, the Trustee shall adjust the principal amount of the relevant Global
Note(s) pursuant to Section 2.06(h) hereof.

     (iii) Transfer of Beneficial Interests in a Restricted Global Note to
Another Restricted Global Note. A beneficial interest in any Restricted Global
Note may be transferred to a Person who takes delivery thereof in the form of a
beneficial interest in another Restricted Global Note if the transfer complies with
the requirements of Section 2.06(b)(ii) above and the Registrar and the Company
receive the following:

     (A) if the transferee shall take delivery in the form of a beneficial
interest in a 144A Global Note, then the transferor must deliver a
certificate in the form of Exhibit B hereto, including the certifications in
item (1) thereof;

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     (B) if the transferee shall take delivery in the form of a beneficial
interest in the Regulation S Temporary Global Note or the Regulation S
Global Note, then the transferor must deliver a certificate in the form of
Exhibit B hereto, including the certifications in item (2) thereof; and

     (C) if the transferee shall take delivery in the form of a beneficial
interest in the IAI Global Note, then the transferor must deliver a
certificate in the form of Exhibit B hereto, including the certifications
and certificates and Opinion of Counsel required by item (3) thereof, if
applicable.

     (iv) Transfer and Exchange of Beneficial Interests in a Restricted Global
Note for Beneficial Interests in an Unrestricted Global Note. A beneficial
interest in any Restricted Global Note may be exchanged by any holder thereof for a
beneficial interest in an Unrestricted Global Note or transferred to a Person who
takes delivery thereof in the form of a beneficial interest in an Unrestricted
Global Note only if the exchange or transfer complies with the requirements of
Section 2.06(b)(ii) above and:

     (A) such exchange or transfer is effected pursuant to an Exchange Offer
in accordance with a Registration Rights Agreement and the holder of the
beneficial interest to be transferred, in the case of an exchange, or the
transferee, in the case of a transfer, makes any and all certifications in
the applicable Letter of Transmittal or is deemed to have made such
certifications if delivery is made through the Applicable Procedures as may
be required by the Registration Rights Agreement;

     (B) such transfer is effected pursuant to a Shelf Registration
Statement in accordance with the Registration Rights Agreement;

     (C) such transfer is effected by a Broker-Dealer participating in the
Exchange Offer pursuant to an Exchange Offer Registration Statement in
accordance with the Registration Rights Agreement; or

     (D) the Registrar and the Company receive the following:

     (1) if the holder of such beneficial interest in a Restricted
Global Note proposes to exchange such beneficial interest for a
beneficial interest in an Unrestricted Global Note, a certificate
from such holder in the form of Exhibit C hereto, including the
certifications in item (1)(a) thereof; or

     (2) if the holder of such beneficial interest in a Restricted
Global Note proposes to transfer such beneficial interest to a Person
who shall take delivery thereof in the form of a beneficial interest
in an Unrestricted Global Note, a certificate from such holder in the
form of Exhibit B hereto, including the certifications in item (4)
thereof;

and, in each such case set forth in this subparagraph (D), if the Registrar or the
Company so requests or the Applicable Procedures so require, an Opinion of Counsel
in form reasonably acceptable to the Registrar to the effect that such exchange or
transfer is in compliance with the Securities Act and that the restrictions on
transfer contained herein and in the Private Placement Legend are no longer required
in order to maintain compliance with the Securities Act.

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     If any such transfer is effected pursuant to subparagraph (B) or (D) above at a time when an
Unrestricted Global Note has not yet been issued, the Company shall issue and, upon receipt of an
Authentication Order in accordance with Section 2.02 hereof or in accordance with a previously
delivered Authentication Order, the Trustee shall authenticate one or more Unrestricted Global
Notes in an aggregate principal amount equal to the aggregate principal amount of beneficial
interests transferred pursuant to subparagraph (B) or (D) above.

     (v) Transfer or Exchange of Beneficial Interests in Unrestricted Global Notes for Beneficial
Interests in Restricted Global Notes Prohibited. Beneficial interests in an Unrestricted Global
Note cannot be exchanged for, or transferred to Persons who take delivery thereof in the form of,
beneficial interests in a Restricted Global Note.

          (c) Transfer or Exchange of Beneficial Interests in Global Notes for Definitive
Notes.

     (i) Beneficial Interests in Restricted Global Notes to Restricted
Definitive Notes. Subject to Section 2.06(a) hereof, if any holder of a
beneficial interest in a Restricted Global Note proposes to exchange such beneficial
interest for a Restricted Definitive Note or to transfer such beneficial interest to
a Person who takes delivery thereof in the form of a Restricted Definitive Note,
then, upon receipt by the Registrar and the Company of the following documentation:

     (A) if the holder of such beneficial interest in a Restricted Global
Note proposes to exchange such beneficial interest for a Restricted
Definitive Note, a certificate from such holder in the form of Exhibit C
hereto, including the certifications in item (2)(a) thereof;

     (B) if such beneficial interest is being transferred to a QIB in
accordance with Rule 144A under the Securities Act, a certificate to the
effect set forth in Exhibit B hereto, including the certifications in item
(1) thereof;

     (C) if such beneficial interest is being transferred to a Non-U.S.
Person in an offshore transaction in accordance with Rule 903 or Rule 904
under the Securities Act, a certificate to the effect set forth in Exhibit B
hereto, including the certifications in item (2) thereof;

     (D) if such beneficial interest is being transferred pursuant to an
exemption from the registration requirements of the Securities Act in
accordance with Rule 144 under the Securities Act, a certificate to the
effect set forth in Exhibit B hereto, including the certifications in item
(3)(a) thereof;

     (E) if such beneficial interest is being transferred to an
Institutional Accredited Investor in reliance on an exemption from the
registration requirements of the Securities Act other than those listed in
subparagraphs (B) through (D) above, a certificate to the effect set forth
in Exhibit B hereto, including the certifications, certificates and Opinion
of Counsel required by item (3) thereof, if applicable;

     (F) if such beneficial interest is being transferred to the Company or
any of its Subsidiaries, a certificate to the effect set forth in Exhibit B
hereto, including the certifications in item (3)(b) thereof; or

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     (G) if such beneficial interest is being transferred pursuant to an
effective registration statement under the Securities Act, a certificate to
the effect set forth in Exhibit B hereto, including the certifications in
item (3)(c) thereof,

the Trustee shall cause the aggregate principal amount of the applicable Global Note
to be reduced accordingly pursuant to Section 2.06(h) hereof, and the Company shall
execute and upon receipt of an Authentication Order in accordance with Section 2.02
hereof or in accordance with a previously delivered Authentication Order, the
Trustee shall authenticate and deliver to the Person designated in the instructions
a Definitive Note in the appropriate principal amount. Any Restricted Definitive
Note issued in exchange for a beneficial interest in a Restricted Global Note
pursuant to this Section 2.06(c) shall be registered in such name or names and in
such authorized denomination or denominations as the holder of such beneficial
interest shall instruct the Registrar through instructions from the Depositary and
the Participant or Indirect Participant. The Trustee shall deliver such Restricted
Definitive Notes to the Persons in whose names such Notes are so registered. Any
Restricted Definitive Note issued in exchange for a beneficial interest in a
Restricted Global Note pursuant to this Section 2.06(c)(i) shall bear the Private
Placement Legend and shall be subject to all restrictions on transfer contained
therein.

     (ii) Notwithstanding Sections 2.06(c)(i)(A) and (C) hereof, a beneficial
interest in the Regulation S Temporary Global Note may not be exchanged for a
Definitive Note or transferred to a Person who takes delivery thereof in the form of
a Definitive Note prior to (x) the expiration of the Distribution Compliance Period
and (y) the receipt by the Registrar of any certificates required pursuant to Rule
903(b)(3)(ii)(B) under the Securities Act, except in the case of a transfer pursuant
to an exemption from the registration requirements of the Securities Act other than
Rule 903 or Rule 904.

     (iii) Beneficial Interests in Restricted Global Notes to Unrestricted
Definitive Notes. Subject to Section 2.06(a) hereof, a holder of a beneficial
interest in a Restricted Global Note may exchange such beneficial interest for an
Unrestricted Definitive Note or may transfer such beneficial interest to a Person
who takes delivery thereof in the form of an Unrestricted Definitive Note only if:

     (A) such exchange or transfer is effected pursuant to an Exchange Offer
in accordance with the Registration Rights Agreement and the holder of such
beneficial interest, in the case of an exchange, or the transferee, in the
case of a transfer, makes any and all certifications in the applicable
Letter of Transmittal;

     (B) such transfer is effected pursuant to a Shelf Registration
Statement in accordance with the Registration Rights Agreement;

     (C) such transfer is effected by a Broker-Dealer participating in the
Exchange Offer pursuant to an Exchange Offer Registration Statement in
accordance with the Registration Rights Agreement; or

     (D) the Registrar and the Company receive the following:

     (1) if the holder of such beneficial interest in a Restricted
Global Note proposes to exchange such beneficial interest for an
Unrestricted

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Definitive Note, a certificate from such holder in the
form of Exhibit C hereto, including the certifications in item (1)(b)
thereof; or

     (2) if the holder of such beneficial interest in a Restricted
Global Note proposes to transfer such beneficial interest to a Person
who shall take delivery thereof in the form of an Unrestricted
Definitive Note, a certificate from such holder in the form of
Exhibit B hereto, including the certifications in item (4) thereof;

and, in each such case set forth in this subparagraph (D), if the
Registrar or the Company so requests or if the Applicable Procedures
so require, an Opinion of Counsel in form reasonably acceptable to
the Registrar to the effect that such exchange or transfer is in
compliance with the Securities Act and that the restrictions on
transfer contained herein and in the Private Placement Legend are no
longer required in order to maintain compliance with the Securities
Act.

          Upon satisfaction of the conditions of any of the clauses of this Section
2.06(c)(iii), the Company shall execute, and, upon receipt of an Authentication
Order in accordance with Section 2.02 hereof or in accordance with a previously
delivered Authentication Order, the Trustee shall authenticate and deliver to the
Person designated in the instructions an Unrestricted Definitive Note in the
appropriate principal amount, and the Trustee shall cause the aggregate principal
amount of the applicable Restricted Global Note to be reduced in a corresponding
amount pursuant to Section 2.06(h) hereof.

     (iv) Beneficial Interests in Unrestricted Global Notes to Unrestricted
Definitive Notes. Subject to Section 2.06(a) hereof, if any holder of a
beneficial interest in an Unrestricted Global Note proposes to exchange such
beneficial interest for an Unrestricted Definitive Note or to transfer such
beneficial interest to a Person who takes delivery thereof in the form of an
Unrestricted Definitive Note, then, upon satisfaction of the applicable conditions
set forth in Section 2.06(b)(ii) hereof, the Trustee shall cause the aggregate
principal amount of the applicable Unrestricted Global Note to be reduced
accordingly pursuant to Section 2.06(h) hereof, and the Company shall execute and,
upon receipt of an Authentication Order in accordance with Section 2.02 hereof or in
accordance with a previously delivered Authentication Order, the Trustee shall authenticate and deliver to the Person designated in the instructions an
Unrestricted Definitive Note in the appropriate principal amount. Any Unrestricted
Definitive Note issued in exchange for a beneficial interest pursuant to this
Section 2.06(c)(iv) shall be registered in such name or names and in such authorized
denomination or denominations as the holder of such beneficial interest shall
instruct the Registrar through instructions from the Depositary and the Participant
or Indirect Participant. The Trustee shall deliver such Unrestricted Definitive
Notes to the Persons in whose names such Notes are so registered. Any Unrestricted
Definitive Note issued in exchange for a beneficial interest pursuant to this
Section 2.06(c)(iv) shall not bear the Private Placement Legend.

          (d) Transfer and Exchange of Definitive Notes for Beneficial Interests in Global
Notes.

     (i) Restricted Definitive Notes to Beneficial Interests in Restricted
Global Notes. If any Holder of a Restricted Definitive Note proposes to exchange
such Note for a beneficial interest in a Restricted Global Note or to transfer such
Restricted Definitive Notes to a Person who takes delivery thereof in the form of a
beneficial interest in a

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Restricted Global Note, then, upon receipt by the Registrar and the Company of the following documentation:

     (A) if the Holder of such Restricted Definitive Note proposes to
exchange such Note for a beneficial interest in a Restricted Global Note, a
certificate from such Holder in the form of Exhibit C hereto, including the
certifications in item (2)(b) thereof;

     (B) if such Restricted Definitive Note is being transferred to a QIB in
accordance with Rule 144A, a certificate to the effect set forth in Exhibit
B hereto, including the certifications in item (1) thereof;

     (C) if such Restricted Definitive Note is being transferred to a
Non-U.S. Person in an offshore transaction in accordance with Rule 903 or
Rule 904 under the Securities Act, a certificate to the effect set forth in
Exhibit B hereto, including the certifications in item (2) thereof;

     (D) if such Restricted Definitive Note is being transferred pursuant to
an exemption from the registration requirements of the Securities Act in
accordance with Rule 144, a certificate to the effect set forth in Exhibit B
hereto, including the certifications in item (3)(a) thereof;

     (E) if such Restricted Definitive Note is being transferred to an
Institutional Accredited Investor in reliance on an exemption from the
registration requirements of the Securities Act other than those listed in
subparagraphs (B) through (D) above, a certificate to the effect set forth
in Exhibit B hereto, including the certifications, certificates and Opinion
of Counsel required by item (3) thereof, if applicable;

     (F) if such Restricted Definitive Note is being transferred to either
of the Company or any of its Subsidiaries, a certificate to the effect set
forth in Exhibit B hereto, including the certifications in item (3)(b)
thereof; or

     (G) if such Restricted Definitive Note is being transferred pursuant to
an effective registration statement under the Securities Act, a certificate
to the
effect set forth in Exhibit B hereto, including the certifications in
item (3)(c) thereof,

the Trustee shall cancel the Restricted Definitive Note, increase or cause to be
increased the aggregate principal amount of, in the case of clause (A) above, the
appropriate Restricted Global Note, in the case of clause (B) above, the 144A Global
Note, in the case of clause (C) above, the Regulation S Global Note, and in all
other cases, the IAI Global Note.

     (ii) Restricted Definitive Notes to Beneficial Interests in Unrestricted
Global Notes. A Holder of a Restricted Definitive Note may exchange such Note
for a beneficial interest in an Unrestricted Global Note or transfer such Restricted
Definitive Note to a Person who takes delivery thereof in the form of a beneficial
interest in an Unrestricted Global Note only if:

          (A) such exchange or transfer is effected pursuant to an Exchange Offer in
accordance with the Registration Rights Agreement and the Holder, in the case

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of an
exchange, or the transferee, in the case of a transfer, makes any and all
certifications in the applicable Letter of Transmittal;

     (B) such transfer is effected pursuant to a Shelf Registration
Statement in accordance with the Registration Rights Agreement;

     (C) such transfer is effected by a Broker-Dealer participating in the
Exchange Offer pursuant to an Exchange Offer Registration Statement in
accordance with the Registration Rights Agreement; or

     (D) the Registrar and the Company receives the following:

     (1) if the Holder of such Restricted Definitive Note proposes to
exchange such Note for a beneficial interest in an Unrestricted
Global Note, a certificate from such Holder in the form of Exhibit C
hereto, including the certifications in item (1)(c) thereof; or

     (2) if the Holder of such Restricted Definitive Note proposes to
transfer such Note to a Person who shall take delivery thereof in the
form of a beneficial interest in an Unrestricted Global Note, a
certificate from such Holder in the form of Exhibit B hereto,
including the certifications in item (4) thereof;

and, in each such case set forth in this subparagraph (D), if the Registrar
and the Company request or if the Applicable Procedures so require, an
Opinion of Counsel in form reasonably acceptable to the Registrar to the
effect that such exchange or transfer is in compliance with the Securities
Act and that the restrictions on transfer contained herein and in the
Private Placement Legend are no longer required in order to maintain
compliance with the Securities Act.

     Upon satisfaction of the conditions of any of the subparagraphs in this Section
2.06(d)(ii), the Trustee shall cancel such Restricted Definitive Note and increase
or cause to be increased the aggregate principal amount of the Unrestricted Global
Note.

     (iii) Unrestricted Definitive Notes to Beneficial Interests in Unrestricted
Global Notes. A Holder of an Unrestricted Definitive Note may exchange such Note
for a beneficial interest in an Unrestricted Global Note or transfer such
Unrestricted Definitive Note to a Person who takes delivery thereof in the form of a
beneficial interest in an Unrestricted Global Note at any time. Upon receipt of a
request for such an exchange or transfer, the Trustee shall cancel the applicable
Unrestricted Definitive Note and increase or cause to be increased the aggregate
principal amount of one of the Unrestricted Global Notes.

     (iv) Transfer or Exchange of Unrestricted Definitive Notes to Beneficial
Interests in Restricted Global Notes Prohibited. An Unrestricted Definitive
Note may not be exchanged for, or transferred to Persons who take delivery thereof
in the form of, beneficial interests in a Restricted Global Note.

     (v) Issuance of Unrestricted Global Notes. If any such exchange or
transfer from a Definitive Note to a beneficial interest in an Unrestricted Global
Note is effected pursuant to subparagraphs (ii)(B), (ii)(D) or (iii) above at a time
when an Unrestricted Global Note has not yet been issued, the Company shall issue
and, upon receipt of an

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Authentication Order in accordance with Section 2.02 hereof
or in accordance with a previously delivered Authentication Order, the Trustee shall
authenticate one or more Unrestricted Global Notes in an aggregate principal amount
equal to the principal amount of Definitive Notes so transferred.

        (e) Transfer and Exchange of Definitive Notes for Definitive Notes. Upon request by
a Holder of Definitive Notes and such Holder’s compliance with the provisions of this Section
2.06(e), the Registrar shall register the transfer or exchange of Definitive Notes. Prior to such
registration of transfer or exchange, the requesting Holder shall present or surrender to the
Registrar the Definitive Notes duly endorsed or accompanied by a written instruction of transfer
in form satisfactory to the Registrar duly executed by such Holder or by such Holder’s attorney,
duly authorized in writing. In addition, the requesting Holder shall provide any additional
certifications, documents and information, as applicable, required pursuant to the following
provisions of this Section 2.06(e).

     (i) Restricted Definitive Notes to Restricted Definitive Notes. Any
Restricted Definitive Note may be transferred to and registered in the name of
Persons who take delivery thereof in the form of a Restricted Definitive Note if the
Registrar receives the following:

     (A) if the transfer shall be made pursuant to Rule 144A, then the
transferor must deliver a certificate in the form of Exhibit B hereto,
including the certifications in item (1) thereof;

     (B) if the transfer shall be made pursuant to Rule 903 or Rule 904,
then the transferor must deliver a certificate in the form of Exhibit B
hereto, including the certifications in item (2) thereof; and

     (C) if the transfer shall be made pursuant to any other exemption from
the registration requirements of the Securities Act, then the transferor
must deliver a certificate in the form of Exhibit B hereto, including the
certifications, certificates and Opinion of Counsel required by item (3)
thereof, if applicable.

     (ii) Restricted Definitive Notes to Unrestricted Definitive Notes. Any
Restricted Definitive Note may be exchanged by the Holder thereof for an
Unrestricted
Definitive Note or transferred to a Person or Persons who take delivery thereof
in the form of an Unrestricted Definitive Note only if:

     (A) such exchange or transfer is effected pursuant to an Exchange Offer
in accordance with the Registration Rights Agreement and the Holder, in the
case of an exchange, or the transferee, in the case of a transfer, makes any
and all certifications in the applicable Letter of Transmittal;

     (B) any such transfer is effected pursuant to a Shelf Registration
Statement in accordance with the Registration Rights Agreement;

     (C) any such transfer is effected by a Broker-Dealer participating in
the Exchange Offer pursuant to the Exchange Offer Registration Statement in
accordance with the Registration Rights Agreement; or

     (D) the Registrar and the Company receive the following:

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     (1) if the Holder of such Restricted Definitive Notes proposes
to exchange such Notes for an Unrestricted Definitive Note, a
certificate from such Holder in the form of Exhibit C hereto,
including the certifications in item (1)(d) thereof; or

     (2) if the Holder of such Restricted Definitive Notes proposes
to transfer such Notes to a Person who shall take delivery thereof in
the form of an Unrestricted Definitive Note, a certificate from such
Holder in the form of Exhibit B hereto, including the certifications
in item (4) thereof;

and, in each such case set forth in this subparagraph (D), an Opinion of
Counsel in form reasonably acceptable to the Company to the effect that such
exchange or transfer is in compliance with the Securities Act and that the
restrictions on transfer contained herein and in the Private Placement
Legend are no longer required in order to maintain compliance with the
Securities Act.

     Upon satisfaction of the conditions of any of the clauses of Section
2.06(e)(ii), the Trustee shall cancel the prior Restricted Definitive Note and the
Company shall execute, and, upon receipt of an Authentication Order in accordance
with Section 2.02 hereof or in accordance with a previously delivered Authentication
Order, the Trustee shall authenticate and deliver to the Person designated in the
instructions an Unrestricted Definitive Note in the appropriate principal amount.

     (iii) Unrestricted Definitive Notes to Unrestricted Definitive Notes. A
Holder of Unrestricted Definitive Notes may transfer such Notes to a Person who
takes delivery thereof in the form of an Unrestricted Definitive Note. Upon receipt
of a request to register such a transfer, the Registrar shall register the
Unrestricted Definitive Notes pursuant to the instructions from the Holder thereof.

          (f) Exchange Offer. Upon the occurrence of an Exchange Offer in accordance with a
Registration Rights Agreement, the Company shall issue and, upon receipt of an Authentication
Order in accordance with Section 2.02, the Trustee shall authenticate (i) one or more Unrestricted
Global Notes in an aggregate principal amount equal to the principal amount of the beneficial
interests in the applicable Restricted Global Notes tendered for acceptance by Persons that make
any and all
certifications in the applicable Letter of Transmittal or are deemed to have made such
certifications if delivery is made through the Applicable Procedures as may be required by such
Registration Rights Agreement and accepted for exchange in the Exchange Offer and (ii)
Unrestricted Definitive Notes in an aggregate principal amount equal to the principal amount of
the Restricted Definitive Notes tendered for acceptance by Persons who made the foregoing
certifications and accepted for exchange in the Exchange Offer. Concurrently with the issuance of
such Notes, the Trustee shall cause the aggregate principal amount of the applicable Restricted
Global Notes to be reduced accordingly, and the Company shall execute and the Trustee shall
authenticate and deliver to the Persons designated by the Holders of Restricted Definitive Notes
so accepted Unrestricted Definitive Notes in the appropriate principal amount.

          (g) Legends. The following legends shall appear on the face of all Global Notes and
Definitive Notes issued under this Indenture unless specifically stated otherwise in the
applicable provisions of this Indenture.

     (i) Private Placement Legend.

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     (A) Except as permitted by subparagraph (B) below, each Global Note and
each Definitive Note (and all Notes issued in exchange therefor or
substitution thereof) shall bear the applicable legend set forth under
clauses (1) and (2) below in substantially the following forms:

(1) “THE NOTES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES
LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THIS NOTE NOR ANY INTEREST
OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED,
PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH
REGISTRATION OR UNLESS THE TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO,
SUCH REGISTRATION. THE HOLDER OF THIS NOTE, BY ITS ACCEPTANCE HEREOF, AGREES
ON ITS OWN BEHALF AND ON BEHALF OF ANY INVESTOR ACCOUNT FOR WHICH IT HAS
PURCHASED NOTES, TO OFFER, SELL OR OTHERWISE TRANSFER SUCH NOTE, ONLY (A) TO
THE COMPANY, (B) PURSUANT TO A REGISTRATION STATEMENT THAT HAS BECOME OR
BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO LONG AS THE
NOTES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES
ACT, TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER”
AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS OWN
ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE
IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D)
PURSUANT TO OFFERS AND SALES THAT OCCUR OUTSIDE THE UNITED STATES IN
ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT, (E) TO AN
INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF RULE 501(a)(1),
(2), (3) OR (7) UNDER THE SECURITIES ACT THAT IS AN INSTITUTIONAL ACCREDITED
INVESTOR ACQUIRING THE SECURITY FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF
SUCH AN INSTITUTIONAL ACCREDITED INVESTOR, IN EACH CASE IN A MINIMUM
PRINCIPAL AMOUNT OF THE NOTES OF $250,000, FOR
INVESTMENT PURPOSES AND NOT WITH A VIEW TO OR FOR OFFER OR SALE IN
CONNECTION WITH ANY DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, (F)
PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE
SECURITIES ACT (IF AVAILABLE) OR (G) PURSUANT TO ANOTHER AVAILABLE EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT TO THE
COMPANY’S AND THE TRUSTEE’S RIGHT PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER
PURSUANT TO CLAUSES (D), (E), (F) OR (G) TO REQUIRE THE DELIVERY OF AN
OPINION OF COUNSEL, CERTIFICATION AND/ OR OTHER INFORMATION SATISFACTORY TO
EACH OF THEM. THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF THE HOLDER
AFTER ONE YEAR.”

(2) “THE NOTES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES
LAWS OF ANY STATE OR

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OTHER JURISDICTION, AND MAY NOT BE OFFERED, SOLD OR
DELIVERED IN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, ANY
US PERSON, UNLESS SUCH NOTES ARE REGISTERED UNDER THE SECURITIES ACT OR AN
EXEMPTION FROM THE REGISTRATION REQUIREMENTS THEREOF IS AVAILABLE. THIS
LEGEND WILL BE REMOVED AFTER THE EXPIRATION OF FORTY DAYS FROM THE LATER OF
(i) THE DATE ON WHICH THESE NOTES WERE FIRST OFFERED AND (ii) THE DATE OF
ISSUE OF THESE NOTES.”

     (B) Notwithstanding the foregoing, any Global Note or Definitive Note
issued pursuant to subparagraphs (b)(iv), (c)(iii), (c)(iv), (d)(ii),
(d)(iii), (e)(ii), (e)(iii) or (f) of this Section 2.06 (and all Notes
issued in exchange therefor or substitution thereof) shall not bear the
Private Placement Legend.

     (ii) Global Note Legend. Each Global Note shall bear a legend in
substantially the following form:

“UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN
DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, OR BY ANY SUCH NOMINEE OF THE
DEPOSITARY, OR BY THE DEPOSITARY OR NOMINEE OF A SUCCESSOR DEPOSITARY, OR
ANY NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR
DEPOSITARY. TRANSFERS OF THE GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS IN
WHOLE, BUT NOT IN PART, TO NOMINEES OF CEDE & CO., OR TO A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF PORTIONS OF THE GLOBAL NOTE
SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET
FORTH IN THE INDENTURE”

“UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR
ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT HEREON IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE
OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED
OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.”

     (iii) Regulation S Legends. The Regulation S Temporary Global Note
shall bear a legend in substantially the following form:

“THE RIGHTS ATTACHING TO THIS REGULATION S TEMPORARY GLOBAL NOTE, AND THE
CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR CERTIFICATED NOTES, ARE
AS SPECIFIED IN THE INDENTURE (AS DEFINED HEREIN). NEITHER THE

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HOLDER NOR
THE BENEFICIAL OWNERS OF THIS REGULATION S TEMPORARY GLOBAL NOTE SHALL BE
ENTITLED TO RECEIVE PAYMENT OF INTEREST HEREON.”

     All Notes issued or exchanged under this Indenture pursuant to Regulation S
shall bear a legend in substantially the following form:

“BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT IT IS NOT A
U.S. PERSON, NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON, AND IS
ACQUIRING THIS NOTE IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION
S UNDER THE SECURITIES ACT.”

     (iv) OID Legend. Each Note issued or exchanged under this Indenture
shall bear a legend in substantially the following form:

“THIS NOTE IS ISSUED WITH ORIGINAL ISSUE DISCOUNT FOR PURPOSES OF SECTION
1271 ET SEQ. OF THE INTERNAL REVENUE CODE. A HOLDER MAY OBTAIN THE ISSUE
PRICE, AMOUNT OF ORIGINAL ISSUE DISCOUNT, ISSUE DATE AND YIELD TO MATURITY
FOR SUCH NOTE BY SUBMITTING A WRITTEN REQUEST FOR SUCH INFORMATION TO
CINEMARK USA, INC. AT THE FOLLOWING ADDRESS: 3900 DALLAS PARKWAY, SUITE 500,
PLANO, TEXAS 75093, ATTENTION: CORPORATE SECRETARY.”

     (v) ERISA Legend. Each Note issued or exchanged under this Indenture
shall bear a legend in substantially the following form:

“BY ACCEPTANCE OF A NOTE (OR AN EXCHANGE NOTE), EACH HOLDER WILL BE DEEMED
TO HAVE REPRESENTED AND WARRANTED THAT EITHER (A) NO PORTION OF THE ASSETS
USED BY SUCH HOLDER TO ACQUIRE OR HOLD THE NOTES OR THE EXCHANGE NOTES
CONSTITUTES THE ASSETS OF ANY EMPLOYEE BENEFIT PLAN THAT IS SUBJECT TO TITLE
I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
(“ERISA”), A PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT
IS SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
(THE “CODE”) OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE, LOCAL, NON-U.S.
OR OTHER LAWS, RULES OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF
ERISA OR THE CODE (“SIMILAR LAWS”), OR ENTITY WHOSE UNDERLYING ASSETS ARE
CONSIDERED TO INCLUDE “PLAN ASSETS” OF ANY SUCH PLAN, ACCOUNT OR ARRANGEMENT
OR (B) THE PURCHASE AND HOLDING OF THE NOTES OR THE EXCHANGE NOTES (AND THE
EXCHANGE OF NOTES FOR EXCHANGE NOTES) BY SUCH HOLDER WILL NOT CONSTITUTE A
NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975
OF THE CODE OR A SIMILAR VIOLATION UNDER ANY APPLICABLE SIMILAR LAWS.”

          (h) Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests
in a particular Global Note have been exchanged for Definitive Notes or a particular Global

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Note
has been redeemed, repurchased or canceled in whole and not in part, each such Global Note shall
be returned to or retained and canceled by the Trustee in accordance with Section 2.11 hereof. At
any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for
or transferred to a Person who shall take delivery thereof in the form of a beneficial interest in
another Global Note or for Definitive Notes, the principal amount of Notes represented by such
Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note by
the Trustee or by the Depositary at the direction of the Trustee to reflect such reduction; and if
the beneficial interest is being exchanged for or transferred to a Person who shall take delivery
thereof in the form of a beneficial interest in another Global Note, such other Global Note shall
be increased accordingly and an endorsement shall be made on such Global Note by the Trustee or by
the Depositary at the direction of the Trustee to reflect such increase.

          (i) General Provisions Relating to Transfers and Exchanges.

     (i) To permit registrations of transfers and exchanges, the Company shall
execute and the Trustee shall authenticate Global Notes and Definitive Notes upon
the Company’s order.

     (ii) No service charge shall be made to a holder of a beneficial interest in a
Global Note or to a Holder of a Definitive Note for any registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any
transfer tax or similar governmental charge payable in connection therewith (other
than any such transfer taxes or similar governmental charge payable upon exchange or
transfer pursuant to Sections 2.10, 3.06, 4.10, 4.15 and 9.05 hereof).

     (iii) The Registrar shall not be required to register the transfer of or to
exchange any Note selected for redemption in whole or in part, except the unredeemed
portion of any Note being redeemed in part.

     (iv) All Global Notes and Definitive Notes issued upon any registration of
transfer or exchange of Global Notes or Definitive Notes shall be the valid
obligations of the Company, evidencing the same debt, and entitled to the same
benefits under this Indenture, as the Global Notes or Definitive Notes surrendered
upon such registration of transfer or exchange.

     (v) The Company and the Registrar shall not be required (A) to issue, to
register the transfer of or to exchange any Notes during a period beginning at the
opening of business 15 days before the day of any selection of Notes for redemption
under Section 3.02 hereof and ending at the close of business on the day of
selection or (B) to register the transfer of or to exchange any Note so selected for
redemption in whole or in part, except the unredeemed portion of any Note being
redeemed in part.

     (vi) The Trustee, any Agent and the Company may deem and treat the Person in
whose name any Note is registered as the absolute owner of such Note for the purpose
of receiving payment of principal of and interest on such Notes and for all other
purposes, and none of the Trustee, any Agent or the Company shall be affected by
notice to the contrary.

     (vii) The Trustee shall authenticate Global Notes and Definitive Notes in
accordance with the provisions of Section 2.02 hereof.

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     (viii) All certifications, certificates and Opinions of Counsel required to be
submitted to the Registrar pursuant to this Section 2.06 to effect a registration of
transfer or exchange may be submitted by facsimile.

     (ix) Subject to compliance with any applicable additional requirements
contained in this Article, when a Note is presented to the Registrar with a request
to register a transfer thereof or to exchange such Note for an equal principal
amount of Notes of other authorized denominations, the Registrar shall register the
transfer or make the exchange as requested; provided, however, that every Note
presented or surrendered for registration of transfer or exchange shall be duly
endorsed or accompanied by an assignment form and, if applicable, a transfer
certificate, each in the form included in Exhibit A attached hereto and in form
satisfactory to the Registrar and each duly executed by the Holder thereof or its
attorney duly authorized in writing. To permit registration of transfers and
exchanges, upon surrender of any Note for registration of transfer or exchange at an
office or agency maintained for such purpose pursuant to Section 2.03, the Company
shall execute, and the Trustee shall authenticate, Notes of a like aggregate
principal amount at the Registrar’s request.

     (x) Any Registrar appointed pursuant to Section 2.03 shall provide to the
Trustee such information as the Trustee may reasonably require in connection with
the delivery by such Registrar of Notes upon transfer or exchange of Notes.

     (xi) The Trustee shall have no obligation or duty to monitor, determine or
inquire as to compliance with any restrictions on transfer imposed under this
Indenture or under applicable law with respect to any transfer of any interest in
any Note (including any transfers between or among Participants or other beneficial
owners of interests in any Global Note) other than to require delivery of such
certificates and other documentation or evidence as are expressly required by, and
to do so if and when expressly required by the terms of, this Indenture, and to
examine the same to determine substantial compliance as to form with the express
requirements hereof.

     (xii) None of the Company, the Trustee or any Paying Agent shall have any
responsibility or liability for any aspect of the records relating to, or payments
made on account of or transfers of, beneficial ownership interests in a Global Note
or for maintaining, supervising or reviewing any records relating to such beneficial
ownership interests.

     (xiii) None of the Company, the Trustee or the Registrar shall have any
liability for any acts or omissions of the Depositary, for any Depositary records of
beneficial interests, for any transaction between the Depositary or any Participant
and/or beneficial owners, for any transfers of beneficial interests in the Notes, or
in respect of any transfers effected by the Depositary or by any Participant or any
beneficial owner of any interest in any Notes held through any such Participant.

SECTION 2.07.  Replacement Notes.

     If any mutilated Note is surrendered to the Trustee or the Company and the Trustee receives
evidence to its satisfaction of the destruction, loss or theft of any Note, the Company shall issue
and the Trustee, upon receipt of an Authentication Order or in accordance with a previously
delivered Authentication Order, shall authenticate a replacement Note if the Company’s and the
Trustee’s requirements are met. If required by the Trustee or the Company, an indemnity bond must
be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to
protect the Company, the

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Trustee, any Agent and any Authenticating Agent from any loss that any of
them may suffer if a Note is replaced. The Company and the Trustee may charge for their expenses in
replacing a Note.

     Every replacement Note issued in accordance with this Section 2.07 is an additional obligation
of the Company and any other obligor upon the Notes and shall be entitled to all of the benefits of
this Indenture equally and proportionately with all other Notes duly issued hereunder.

     The Company and the Trustee may charge the Holder for their expenses in replacing a Note. In
the event any such mutilated, lost, destroyed or wrongfully taken Note has become or is about to
become due and payable, the Company in its discretion may pay such Note instead of issuing a new
Note in replacement thereof.

     The provisions of this Section 2.07 are exclusive and shall preclude (to the extent lawful)
all other rights and remedies with respect to the replacement or payment of mutilated, lost,
destroyed or wrongfully taken Notes.

SECTION 2.08.  Outstanding Notes.

     The Notes outstanding at any time are all the Notes authenticated by the Trustee except for
those cancelled by it, those delivered to it for cancellation, those reductions in the interest in
a Global Note effected by the Trustee in accordance with the provisions hereof, and those described
in this Section 2.08 as not outstanding. Except as set forth in Section 2.09 hereof, a Note does
not cease to be outstanding because the Company or an Affiliate of the Company holds the Note.

     If a Note is replaced pursuant to Section 2.07 hereof, it ceases to be outstanding unless the
Trustee receives proof satisfactory to it that the replaced Note is held by a bona fide purchaser.

     If the principal amount of any Note is considered paid under Section 4.01 hereof, it ceases to
be outstanding and interest on it ceases to accrue.

     If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of any thereof)
holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date,
then on and after that date such Notes shall be deemed to be no longer outstanding and shall cease
to accrue interest.

SECTION 2.09.  Treasury Notes.

     In determining whether the Holders of the required principal amount of Notes have concurred in
any direction, waiver or consent, Notes owned by the Company, or by any Affiliate of the Company,
shall be considered as though not outstanding, except that for the purposes of determining whether
the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes that
a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded.

SECTION 2.10.  Temporary Notes.

     Until certificates representing Notes are ready for delivery, the Company may prepare and the
Trustee, upon receipt of an Authentication Order, shall authenticate temporary Notes. Temporary
Notes shall be substantially in the form of certificated Notes but may have variations that the
Company considers appropriate for temporary Notes and as shall be reasonably acceptable to the
Trustee. Without unreasonable delay, the Company shall prepare and the Trustee shall authenticate
definitive Notes in exchange for temporary Notes.

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     Holders of temporary Notes shall be entitled to all of the benefits of this Indenture equally
and proportionately with all other Notes duly issued hereunder.

SECTION 2.11.  Cancellation.

     The Company at any time may deliver Notes to the Trustee for cancellation. The Registrar and
Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of
transfer, exchange or payment. The Trustee and no one else shall cancel all Notes surrendered for
registration of transfer, exchange, payment, replacement or cancellation and shall dispose canceled
Notes in accordance with customary practices (subject to the record retention requirement of the
Exchange Act). Certification of the disposal of all canceled Notes shall be delivered to the
Company from time to time upon written request. The Company may not issue new Notes to replace
Notes that it has paid or that have been delivered to the Trustee for cancellation.

SECTION 2.12.  Defaulted Interest.

     If the Company defaults in a payment of interest on the Notes, it shall pay the defaulted
interest in any lawful manner plus, to the extent lawful, interest payable on the defaulted
interest, to the Persons who are Holders on a subsequent special record date, in each case at the
rate provided in the Notes and in Section 4.01 hereof. The Company shall notify the Trustee in
writing of the amount of defaulted interest proposed to be paid on each Note and the date of the
proposed payment. The Company shall fix or cause to be fixed each such special record date and
payment date; provided that no such special record date shall be less than 10 days prior to the
related payment date for such defaulted interest. At least 15 days before the special record date,
the Company (or, upon the written request of the Company, the Trustee in the name and at the
expense of the Company) shall mail or cause to be mailed to Holders a notice that states the
special record date, the related payment date and the amount of such interest to be paid.

SECTION 2.13.  Issuance of Additional Notes. 

     The Company shall be entitled, subject to its compliance with Section 4.09, to issue
Additional Notes under this Indenture which shall have identical terms as the Initial Notes issued
on the Issue Date or the Exchange Notes issued in exchange for the Initial Notes, other than with
respect to the date of issuance and issue price, first payment of interest and rights under a
related Registration Rights Agreement, if any.

     With respect to any Additional Notes, the Company shall set forth in a resolution of the Board
of Directors and an Officers’ Certificate, a copy of each which shall be delivered to the Trustee,
the following information:

     (a) the aggregate principal amount of such Additional Notes to be authenticated and
delivered pursuant to this Indenture;

     (b) the issue price, the issue date and the CUSIP number and corresponding ISIN of such
Additional Notes; and

     (c) whether such Additional Notes shall be issued in the form of Initial Notes as set forth in
Exhibit A to this Indenture or shall be issued in the form of Exchange Notes as set forth in
Exhibit A to this Indenture.

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SECTION 2.14.  One Class of Securities.

     The Initial Notes issued on the Issue Date, all Exchange Notes issued in exchange therefor and
any Additional Notes shall be treated as a single class for all purposes under this Indenture.

SECTION 2.15.  CUSIP, ISIN or Other Similar Numbers.

     The Company in issuing the Notes may use “CUSIP,” “ISIN” or other similar numbers (if then
generally in use), and, if so, the Trustee shall use “CUSIP,” “ISIN” or other similar numbers in
notices of redemption as a convenience to Holders; provided that any such notice may state that no
representation is made as to the correctness of such numbers either as printed on the Notes or as
contained in any notice of a redemption and that reliance may be placed only on the other
identification numbers printed on the Notes, and any such redemption shall not be affected by any
defect in or omission of such numbers. The Company shall promptly notify the Trustee of any change
in the “CUSIP,” “ISIN” or other similar numbers.

ARTICLE 3.

REDEMPTION AND PREPAYMENT

SECTION 3.01.  Notices to Trustee.

     If the Company elects to redeem Notes pursuant to the optional redemption provisions of
Section 3.07 hereof, the Company shall furnish to the Trustee, at least 45 days but not more than
60 days (unless a shorter period is acceptable to the Trustee) before a redemption date, an
Officers’ Certificate setting forth (i) the clause of this Indenture pursuant to which the
redemption shall occur, (ii) the redemption date, (iii)
the principal amount of Notes to be redeemed and (iv) the redemption price (expressed as a
percentage or principal amount).

SECTION 3.02.  Selection of Notes to Be Redeemed.

     If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any
time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes
in compliance with the requirements of the principal national securities exchange, if any, on which
the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot, at random or
in accordance with any other method the Trustee shall deem fair and appropriate; provided that no
Notes of $2,000 in aggregate principal amount or less shall be redeemed in part. In the event of
partial redemption by lot or at random, the particular Notes to be redeemed shall be selected,
unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption
date by the Trustee from the outstanding Notes not previously called for redemption.

     The Trustee shall promptly notify the Company in writing of the Notes selected for redemption
and, in the case of any Note selected for partial redemption, the principal amount thereof to be
redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of
$1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed, the
entire outstanding amount of Notes held by such Holder, even if not in a minimum amount of $2,000
or a multiple of $1,000 in excess thereof, shall be redeemed. Except as provided in the preceding
sentence, provisions of this Indenture that apply to Notes called for redemption also apply to
portions of Notes called for redemption.

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SECTION 3.03.  Notice of Redemption.

     At least 30 days but not more than 60 days before a redemption date, the Company shall mail or
cause to be mailed, by first class mail, a notice of redemption to each Holder whose Notes are to
be redeemed at its registered address, except that redemption notices may be mailed more than 60
days prior to a redemption date if the notice is issued in connection with a defeasance of the
Notes or a satisfaction and discharge of this Indenture.

     The notice shall identify the Notes to be redeemed and shall state:

     (a) the redemption date;

     (b) the redemption price;

     (c) if any Note is being redeemed in part, the portion of the principal amount of such
Note to be redeemed and that, after the redemption date upon surrender of such Note, a new
Note or Notes in principal amount equal to the unredeemed portion shall be issued upon
cancellation of the original Note;

     (d) the name and address of the Paying Agent;

     (e) that Notes called for redemption must be surrendered to the Paying Agent to collect
the redemption price;

     (f) that, unless the Company defaults in making such redemption payment, interest and
Additional Interest, if any, on Notes called for redemption ceases to accrue on and after
the redemption date;

     (g) the paragraph of the Notes and/or Section of this Indenture pursuant to which the
Notes called for redemption are being redeemed; and

     (h) that no representation is made as to the correctness or accuracy of the CUSIP or
ISIN number, if any, listed in such notice or printed on the Notes.

     At the Company’s request, the Trustee shall give the notice of redemption in the Company’s
name and at its expense; provided, however, that the Company shall have delivered to the Trustee,
at least 45 days prior to the redemption date (unless a shorter period is acceptable to the
Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth
the information to be stated in such notice as provided in the preceding paragraph.

SECTION 3.04.  Effect of Notice of Redemption.

     Once notice of redemption is mailed in accordance with Section 3.03 hereof, Notes called for
redemption shall become irrevocably due and payable on the redemption date at the redemption price.
A notice of redemption may not be conditional.

SECTION 3.05.  Deposit of Redemption Price.

     Prior to 11:00 a.m. New York City time on the redemption date, the Company shall deposit with
the Trustee or with the Paying Agent money sufficient to pay the redemption price of and accrued
interest and Additional Interest, if any, on all Notes to be redeemed on that date. Subject to
applicable abandoned property laws, the Trustee or the Paying Agent shall promptly, upon request,
return to the Company any

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money deposited with the Trustee or the Paying Agent by the Company in
excess of the amounts necessary to pay the redemption price of, and accrued interest and Additional
Interest on, all Notes to be redeemed.

     If the Company complies with the provisions of the preceding paragraph, on and after the
redemption date, interest shall cease to accrue on the Notes or the portions of Notes called for
redemption. If a Note is redeemed on or after an interest record date but on or prior to the
related interest payment date, then any accrued and unpaid interest and Additional Interest, if
any, shall be paid to the Person in whose name such Note was registered at the close of business on
such record date. If any Note called for redemption shall not be so paid upon surrender for
redemption because of the failure of the Company to comply with the preceding paragraph, interest
shall be paid on the unpaid principal, from the redemption date until such principal is paid, and
to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate
provided in the Notes and in Section 4.01 hereof.

SECTION 3.06.  Notes Redeemed in Part.

     Upon surrender of a Note that is redeemed in part, the Company shall issue and, upon receipt
of an Authentication Order, the Trustee shall authenticate for the Holder at the expense of the
Company a new Note equal in principal amount to the unredeemed portion of the Note surrendered.

SECTION 3.07.  Optional Redemption.

     Except as described in this Section 3.07, the Notes will not be redeemable at the Company’s
option prior to June 15, 2014.

          (a) At any time prior to June 15, 2012, the Company may on any one or more occasions redeem
up to 35% of the aggregate principal amount of Notes issued under this Indenture (including any
Additional Notes) at a redemption price of 108.625% of the principal amount thereof, plus accrued
and unpaid interest and Additional Interest, if any, to the redemption date, with the net cash
proceeds of one or more Equity Offerings by the Company, provided that:

     (i) at least 65% of the principal amount of Notes issued under this Indenture
(including any Additional Notes) remains outstanding immediately after the
occurrence of such redemption (excluding Notes held by the Company or any of its
Subsidiaries); and

     (ii) the redemption occurs within 90 days of the date of the closing of such
Equity Offering.

          (b) On and after June 15, 2014, the Company may redeem all or a part of the Notes at the
redemption prices (expressed as percentages of principal amount) set forth below plus accrued and
unpaid interest and Additional Interest, if any, on the Notes redeemed, to the applicable
redemption date, if redeemed during the twelve-month period beginning on June 15 of the years
indicated below:

	 	 	 	 	 
	YEAR	 	Percentage
	2014
	 	 	104.313	%
	2015
	 	 	102.875	%
	2016
	 	 	101.438	%
	2017 and thereafter
	 	 	100.000	%

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          (c) At any time and from time to time prior to June 15, 2014, the Company may, at its option,
redeem all or a portion of the Notes at a redemption price equal to 100% of the principal amount
thereof plus the Applicable Premium with respect to the Notes plus accrued and unpaid interest and
Additional Interest, if any, thereon to the redemption date. Notice of redemption need not set
forth the Applicable Premium but only the manner of calculation of the redemption price. With
respect to any such redemption, the Company shall notify the Trustee of the Applicable Premium
with respect to the Notes promptly after the calculation and the Trustee shall not be responsible
for such calculation.

SECTION 3.08.  Mandatory Redemption

     The Company shall not be required to make mandatory redemption or sinking fund payments with
respect to the Notes.

ARTICLE 4.

COVENANTS

SECTION 4.01.  Payment of Notes.

     The Company shall pay or cause to be paid the principal of or premium, if any, Additional
Interest, if any, or interest on the Notes on the dates, at the location and in the manner provided
in the Notes and this Indenture. Principal, premium, if any, interest and Additional Interest, if
any, shall be considered paid on the date due if the Paying Agent, if other than the Company or a
Subsidiary thereof, holds as of 11:00 a.m. Eastern Time on the due date money deposited by the
Company in immediately available funds and designated for and sufficient to pay all principal of or
premium, if any, Additional Interest, if any, or interest on the Notes then due. The Company shall
pay all Additional Interest, if any, in the same manner on the dates and in the amounts set forth
in the Registration Rights Agreement at the location specified in the Notes.

     The Company shall pay interest (including post-petition interest in any proceeding under any
Bankruptcy Law) on overdue principal and premium, if any, from time to time on demand at the then
applicable interest rate on the Notes; it shall pay interest (including post-petition interest in
any proceeding under any Bankruptcy Law) on overdue installments of interest and Additional
Interest, if any, (without regard to any applicable grace period) from time to time on demand at
the same rate to the extent lawful.

     The Company shall make all interest, premium, if any, Additional Interest, if any, and
principal payments by wire transfer of immediately available funds to any Holder who shall have
given written directions to the Company or the Paying Agent to make such payments by wire transfer
pursuant to the wire transfer instructions supplied to the Company or the Paying Agent by such
Holder on or prior to the applicable record date. All other payments on Notes will be made at the
office or agency of the Paying Agent and Registrar within the City and State of New York unless the
Company elects to make interest payments by check mailed to the Holders at their address set forth
in the register of Holders.

SECTION 4.02.  Maintenance of Office or Agency.

     The Company shall maintain in the Borough of Manhattan, The City of New York, an office or
agency (which may be an office of the Trustee or an affiliate of the Trustee, Registrar or
co-registrar) where Notes may be surrendered for registration of transfer or for exchange and where
notices and demands to or upon the Company in respect of the Notes and this Indenture may be
served. The Company shall give prompt written notice to the Trustee of the location, and any change
in the location, of such

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office or agency. If at any time the Company shall fail to maintain any
such required office or agency or shall fail to furnish the Trustee with the address thereof, such
presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office
of the Trustee.

     The Company may also from time to time designate one or more other offices or agencies where
the Notes may be presented or surrendered for any or all such purposes and may from time to time
rescind such designations; provided, however, that no such designation or rescission shall in any
manner relieve the Company of its obligation to maintain an office or agency in the Borough of
Manhattan, The City of
New York for such purposes. The Company shall give prompt written notice to the Trustee of any
such designation or rescission and of any change in the location of any such other office or
agency.

     The Company hereby designates the New York Office of the Trustee as one such office or agency
of the Company in accordance with Section 2.03.

SECTION 4.03.  Reports.

     Whether or not required by the Commission, so long as any Notes are outstanding, the Company
shall furnish to the Trustee and the Holders of Notes, within the time periods specified in the
Commission’s rules and regulations (including all applicable extensions):

     (i) all quarterly and annual financial information that would be required to be contained in a
filing with the Commission on Forms 10-Q and 10-K if the Company were required to file such Forms,
including a “Management’s Discussion and Analysis of Financial Condition and Results of Operations”
and, with respect to the annual information only, a report on the annual financial statements by
the Company’s independent auditors; and

     (ii) all current reports that would be required to be filed with the Commission on Form 8-K if
the Company were required to file such reports.

     If the Company has designated any of its Subsidiaries as Unrestricted Subsidiaries, then the
quarterly and annual financial information required by the preceding paragraph shall include an
unaudited consolidating balance sheet and related statements of income and cash flows for the
Company and its Subsidiaries, separately identifying the (a) Company and the Restricted
Subsidiaries and (b) the Unrestricted Subsidiaries, in all reports containing the consolidated
financial statements (which in the case of annual reports shall be audited) of the Company and its
consolidated Subsidiaries.

     In addition, following the consummation of the Exchange Offer contemplated by the Registration
Rights Agreement, whether or not required by the Commission, the Company shall file a copy of all
of the information and reports referred to in clauses (i) and (ii) above with the Commission for
public availability within the time periods specified in the Commission’s rules and regulations
after giving effect to all applicable extensions (unless the Commission will not accept such a
filing) and make such information available to securities analysts and prospective investors upon
request. In addition, the Company has agreed that, for so long as any Notes remain outstanding, it
shall furnish to the Holders and to securities analysts and prospective investors, upon their
request, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities
Act.

     The Company shall be deemed to have furnished such reports to the Trustee and the Holders of
the Notes if it has filed such reports with the Commission using the IDEA (f/k/a EDGAR) filing
system and such reports are publicly available.

     Notwithstanding anything herein to the contrary, the Company shall be deemed not to have
failed to comply with any of its obligations hereunder for purposes of clause (v) under Section
6.01 until 120

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days after the date any report hereunder is required to be made available to the
Trustee and the Holders of the Notes pursuant to this Section 4.03 or Section 314(a) of the TIA.

     The Company also shall comply with the other provisions of TIA Section 314(a). Delivery of
such reports, information and documents to the Trustee is for informational purposes only and the
Trustee’s receipt of such shall not constitute constructive notice of any information contained
therein or
determinable from information contained therein, including the Company’s compliance with any
of its covenants hereunder (as to which the Trustee is entitled to rely conclusively on Officers’
Certificates). The Trustee shall have no duty or responsibility to review such reports,
information or documents.

SECTION 4.04.  Compliance Certificate.

          (a) The Company shall deliver to the Trustee, within 90 days after the end of each fiscal
year of the Company, an Officers’ Certificate stating that a review of the activities of the
Company and its Subsidiaries during the preceding fiscal year has been made under the supervision
of the signing Officers with a view to determining whether the Company has kept, observed,
performed and fulfilled its obligations under this Indenture, and further stating, as to each such
Officer signing such certificate, that to the best of his or her knowledge the Company has kept,
observed, performed and fulfilled each and every covenant contained in this Indenture and is not
in default in the performance or observance of any of the terms, provisions and conditions of this
Indenture (or, if a Default or Event of Default shall have occurred, describing all such Defaults
or Events of Default of which he or she may have knowledge and what action the Company is taking
or proposes to take with respect thereto).

          (b) The Company shall, so long as any of the Notes are outstanding, deliver to the Trustee,
forthwith upon any Officer becoming aware of any Default or Event of Default, an Officers’
Certificate specifying such Default or Event of Default and what action the Company is taking or
proposes to take with respect thereto.

SECTION 4.05.  Taxes.

     The Company shall pay or discharge or cause to be paid or discharged, before the same shall
become delinquent all material taxes, assessments, and governmental charges levied or imposed upon
the Company or any Subsidiary or upon the income, profits or property of the Company or any
Subsidiary, except such as are contested in good faith and by appropriate proceedings or where the
failure to pay or discharge the same would not have a material adverse effect on the ability of the
Company to perform its obligations under the Notes or this Indenture.

SECTION 4.06.  Stay, Extension and Usury Laws.

     The Company and each of the Guarantors covenants (to the extent that it may lawfully do so)
that it shall not at any time insist upon, plead, or in any manner whatsoever claim or take the
benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time
hereafter in force, that may affect the covenants or the performance of this Indenture; and the
Company and each of the Guarantors (to the extent that it may lawfully do so) hereby expressly
waives all benefit or advantage of any such law, and covenants that it shall not, by resort to any
such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but
shall suffer and permit the execution of every such power as though no such law has been enacted.

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SECTION 4.07.  Restricted Payments.

     The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or
indirectly:

     (1) declare or pay any dividend or make any other payment or distribution on account of the
Company’s or any of its Restricted Subsidiaries’ Equity Interests (including, without limitation,
any payment in connection with any merger or consolidation involving the Company or any of its
Restricted Subsidiaries) or to the direct or indirect holders of the Company’s or any of its
Restricted Subsidiaries’ Equity Interests in their capacity as such (other than dividends or
distributions payable (a) in Equity Interests (other than Disqualified Stock) of the Company or (b)
to the Company or a Restricted Subsidiary of the Company);

     (2) purchase, redeem or otherwise acquire or retire for value (including, without limitation,
in connection with any merger or consolidation involving the Company) any Equity Interests of the
Company or any Parent Entity held by Persons other than the Company or a Restricted Subsidiary
(other than in exchange for Capital Stock of the Company (other than Disqualified Stock));

     (3) make any payment of principal on or with respect to, or purchase, redeem, defease or
otherwise acquire or retire for value any Indebtedness (other than any Indebtedness of the Company
owing to and held by a Guarantor or Indebtedness of a Guarantor owing to and held by the Company or
any other Guarantor permitted under this Indenture) that is subordinated to the Notes or the
Subsidiary Guarantees, if any, except a payment of principal at the Stated Maturity thereof, other
than any purchase, repurchase, redemption, defeasance or other acquisition or retirement of any
such Indebtedness made in anticipation of a sinking fund obligation, principal installment or final
maturity, in each case, within one year of the date of such purchase, repurchase, redemption,
defeasance or other acquisition or retirement; or

     (4) make any Restricted Investment (all such payments and other actions set forth in these
clauses (1) through (4) above being collectively referred to as “Restricted Payments”);

unless, at the time of and after giving effect to such Restricted Payment:

     (i) no Default or Event of Default has occurred and is continuing or would occur as a
consequence of such Restricted Payment;

     (ii) the Company would, at the time of such Restricted Payment and after giving pro forma
effect thereto as if such Restricted Payment had been made at the beginning of the applicable
four-quarter period, have been permitted to incur at least $1.00 of additional Indebtedness
pursuant to the Fixed Charge Coverage Ratio test set forth in the first paragraph of Section 4.09;
and

     (iii) such Restricted Payment, together with the aggregate amount of all other Restricted
Payments made by the Company and its Restricted Subsidiaries since the Issue Date (including
Restricted Payments permitted by clauses (i), (ix), (xii) and (xiii) of the next succeeding
paragraph, but excluding all other Restricted Payments permitted by the next succeeding paragraph),
is less than the sum, without duplication, of:

     (a) (i) Consolidated Cash Flow of the Company and its Restricted Subsidiaries on a
consolidated basis for the Restricted Payments Computation Period, minus (ii) 2.0 multiplied
by Fixed Charges of the Company and its Restricted Subsidiaries on a consolidated basis for
the Restricted Payments Computation Period, plus

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     (b) 100% of the aggregate net cash proceeds and the fair market value of marketable
securities and other property received by the Company or any Guarantor since immediately
after the Issue Date from the sale of:

(i)(A) Equity Interests of the Company, excluding cash proceeds and the fair
market value of marketable securities or other property received from the
sale of Equity Interests to members of management, directors or consultants
of the Company, any Parent Entity and the Company’s Subsidiaries after the
Issue Date to the extent such amounts have been applied to Restricted
Payments made in accordance with clause (v) of the next succeeding
paragraph; and

(B) to the extent such net cash proceeds are actually contributed to the
Company, Equity Interests of the Parent Entities (excluding contributions to
the extent such amounts have been applied to Restricted Payments made in
accordance with clause (v) of the next succeeding paragraph); or

(ii) debt securities of the Company that have been converted into or
exchanged for such Equity Interests of the Company (or any Parent Entity);

provided, however, that this clause (b) shall not include the proceeds from
(X) Equity Interests or convertible debt securities of the Company sold to a
Restricted Subsidiary, (Y) Disqualified Stock or debt securities that have
been converted into Disqualified Stock or (Z) Excluded Contributions or
Equity Interests used to make a Permitted Investment pursuant to clause
(viii) of the definition of Permitted Investments; plus

     (c)  100% of the aggregate amount of cash and the fair market value of marketable
securities or other property contributed to the capital of the Company following the Issue
Date (other than by a Restricted Subsidiary and other than by any Excluded Contributions);
plus

     (d)  100% of the aggregate amount received in cash and the fair market value of
marketable securities or other property received after the Issue Date by means of:

(i) the sale or other disposition (other than to the Company or a Restricted
Subsidiary) of Restricted Investments made by the Company or its Restricted
Subsidiaries and repurchases and redemptions of such Restricted Investments
from the Company or its Restricted Subsidiaries and repayments of loans or
advances, and releases of Guarantees and other liabilities (other than
contingent liabilities), which constitute Restricted Investments by the
Company or its Restricted Subsidiaries, in each case after the Issue Date;
or

(ii) the sale (other than to the Company or a Restricted Subsidiary) of the
Equity Interests of an Unrestricted Subsidiary (other than to the extent the
Investment in such Unrestricted Subsidiary constituted a Permitted
Investment) or a dividend or distribution from an Unrestricted Subsidiary
after the Issue Date; plus

     (e)  in the case of the designation of an Unrestricted Subsidiary as a Restricted
Subsidiary after the Issue Date, the fair market value of the Company’s and its Restricted
Subsidiaries’ aggregate interests in such Unrestricted Subsidiary (which, if the fair market
value of such interests exceeds $50.0 million, shall be set forth in writing by an
accounting, appraisal or investment banking firm of national standing or determined by the
Company’s Board of Directors) at the time of the designation of such Unrestricted Subsidiary
as a Restricted

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Subsidiary, other than the amount of the Investments in such Unrestricted Subsidiary
made after the Issue Date as Permitted Investments hereunder; plus

     (f)  $300.0 million.

     The preceding provisions shall not prohibit:

     (i) the payment of any dividend or distribution within 60 days after the date of declaration
thereof, if at the date of declaration the dividend or distribution payment would have complied
with the provisions of this Indenture;

     (ii) the payment of principal on or with respect to, or the purchase, redemption, repurchase,
retirement, defeasance or other acquisition of, any Indebtedness subordinated to the Notes or any
Subsidiary Guarantee or of any Equity Interests of the Company or any Parent Entity made by
conversion into, in exchange for, or out of the proceeds of the substantially concurrent (a) sale
(other than to a Subsidiary of the Company or constituting an Excluded Contribution or Equity
Interests used to make a Permitted Investment pursuant to clause (viii) of the definition of
Permitted Investments) of, Equity Interests of the Company (other than Disqualified Stock and other
than Equity Interests issued or sold to an employee stock ownership plan or similar trust to the
extent such sale to an employee stock ownership plan or similar trust is financed by loans from or
guaranteed by the Company or any Restricted Subsidiary unless such loans have been repaid with cash
on or prior to the date of determination) or any Parent Entity or (b) contribution to the capital
of the Company (other than by a Subsidiary and other than constituting an Excluded Contribution);
provided that the amount of any such proceeds that are utilized for any such payment, purchase,
redemption, repurchase, retirement, defeasance or other acquisition shall be excluded from clauses
(iii)(b) and (iii)(c) of the preceding paragraph;

     (iii) the payment of principal on or with respect to, or the purchase, defeasance, redemption,
repurchase or other acquisition or retirement of, Indebtedness subordinated to the Notes or any
Subsidiary Guarantee with the proceeds from an incurrence of, or in exchange for, Permitted
Refinancing Indebtedness, that is permitted to be incurred pursuant to Section 4.09;

     (iv) the declaration and payment of any dividend or distribution by a Restricted Subsidiary of
the Company to the holders of its Capital Stock on a pro rata basis;

     (v)   the purchase, redemption or other acquisition or retirement for value of any Equity
Interests of the Company or any Parent Entity held by any current or former employee, director or
consultant of the Company, any Parent Entity or any of the Company’s Restricted Subsidiaries (or
any permitted transferee of any of the foregoing) pursuant to any management equity subscription
agreement, stock option agreement, stock plan or similar agreement; provided that the aggregate
price paid for all such purchased, redeemed, acquired or retired Equity Interests may not exceed
$3.0 million in any twelve-month period (with unused amounts in any twelve-month period being
carried over to succeeding twelve-month periods subject to a maximum carry-over amount of $6.0
million (without giving effect to the following proviso)); provided further that such amount in any
calendar year may be increased by an amount not to exceed:

     (a) the cash proceeds from the sale of Equity Interests (other than
Disqualified Stock) of the Company and, to the extent contributed to the Company,
Equity Interests of any Parent Entity, in each case to members of management,
directors or consultants of the Company, any Parent Entity or any of its
Subsidiaries that occurs after the Issue Date, to the extent the cash proceeds from
the sale of such Equity Interests have not otherwise been applied to the payment of
Restricted Payments by virtue of clause (iii)(b) of the preceding paragraph; plus

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     (b) the cash proceeds of key man life insurance policies received by the
Company or its Restricted Subsidiaries after the Issue Date; less

     (c) the amount of any Restricted Payments made in any prior calendar year
pursuant to clauses (a) and (b) of this clause (v);

     (vi) the declaration and payment of dividends to holders of any class or series of
Disqualified Stock of the Company or any of its Restricted Subsidiaries or any class or series of
preferred stock of a Restricted Subsidiary issued in accordance with the covenant described under
Section 4.09 to the extent such dividends are included in the definition of Fixed Charges;

     (vii) purchases, redemptions or other acquisitions or retirements of Equity Interests
occurring or deemed to occur upon (1) exercise of stock options, warrants or other equity-based
awards to the extent such Equity Interests represent a portion of the exercise price of such
options, warrants or other equity-based awards and (2) the exercise of stock options, warrants or
other equity based awards or the vesting or issuance of shares of restricted stock or other Equity
Interests to the extent such Equity Interests represent a portion of the tax liability of the
holder thereof with respect thereto;

     (viii) any payments made in connection with the consummation of the Transactions on
substantially the terms described in the Offering Memorandum;

     (ix) repurchases of Indebtedness that is subordinated to the Notes or a Subsidiary Guarantee
at a purchase price not greater than (1) 101% of the principal amount of such subordinated
Indebtedness in the event of a Change of Control or (2) 100% of the principal amount of such
subordinated Indebtedness in the event of an Asset Sale, and redemptions of preferred Equity
Interests, in each case in connection with any change of control offer or asset sale offer required
by the terms thereof, but only if:

     (a) in the case of a Change of Control, the Company has first complied with and fully
satisfied its obligations under Section 4.15; or

     (b) in the case of an Asset Sale, the Company has complied with and fully satisfied its
obligations in accordance with Section 4.10;

     (x) Investments that are made with Excluded Contributions;

     (xi)  the declaration and payment of dividends or distributions by the Company or any
Restricted Subsidiary of the Company to, or the making of other Restricted Payments to, any Parent
Entity in aggregate amounts not to exceed the aggregate amounts required for any such Parent
Entities to pay, in each case without duplication:

     (a)  franchise taxes and expenses required to maintain their corporate existence;

     (b)  foreign, federal, state and local income and other taxes, to the extent such taxes
are attributable to the income, revenue, receipts, capital or margin of the Company and its
Restricted Subsidiaries and, to the extent of the amount actually received from their
Unrestricted Subsidiaries, in amounts required to pay such taxes to the extent attributable
to the income, revenue, receipts, capital or margin of such Unrestricted Subsidiaries;
provided that in each case the amount of such payments in any fiscal year does not exceed
the amount that the Company and its Restricted Subsidiaries would be required to pay in
respect of foreign, federal, state and local taxes for such fiscal year were the Company,
its Restricted Subsidiaries and its Unrestricted

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Subsidiaries (to the extent described above) to pay such taxes separately from any such
Parent Entity;

     (c)  customary salary, bonus and other benefits payable to officers, directors and
employees of any Parent Entity to the extent such salaries, bonuses and other benefits are
directly or indirectly attributable to the ownership or operation of the Company and its
Restricted Subsidiaries, including the Company’s proportionate share of such amounts
relating to any Parent Entity being a public company, including directors’ fees;

     (d)  general corporate operating and overhead costs and expenses of any Parent Entity
to the extent such costs and expenses are directly or indirectly attributable to the
ownership or operation of the Company and its Restricted Subsidiaries, including the
Company’s proportionate share of the expenses relating to any Parent Entity being a public
company; and

     (e)  reasonable fees and expenses other than to Affiliates of the Company related to
any unsuccessful equity or debt offering of such Parent Entity;

     (xii)  so long as no Default or Event of Default shall have occurred and be continuing, the
payment of dividends on the Company’s common Capital Stock (or any Restricted Payment to any Parent
Entity to fund the payment by such Parent Entity of dividends on such entity’s common Capital
Stock) following the consummation after the Issue Date of an underwritten public Equity Offering of
the Company’s or any Parent Entity’s common Capital Stock of up to 6% per annum of the net cash
proceeds received after the Issue Date by the Company from any public Equity Offering of common
Capital Stock of the Company or contributed after the Issue Date to the Company by any Parent
Entity from any public Equity Offering of common Capital Stock of the Parent Entity;

     (xiii)  the payment of cash in lieu of issuance of fractional shares of Capital Stock in
connection with any transaction otherwise permitted under this Section 4.07; and

     (xiv)  payments to dissenting stockholders not to exceed $5.0 million in the aggregate (A)
pursuant to applicable law or (B) in connection with the settlement or other satisfaction of legal
claims made pursuant to or in connection with a consolidation, merger or transfer of assets in
connection with a transaction that is not prohibited by this Indenture.

     The amount of all Restricted Payments (other than cash) shall be the fair market value on the
date of the Restricted Payment of the asset(s) or securities proposed to be transferred or issued
by the Company or such Restricted Subsidiary, as the case may be, pursuant to the Restricted
Payment. The fair market value of any assets or securities that are required to be valued by this
Section 4.07 shall be determined by the Company or, if such fair market value exceeds $25.0
million, by the Board of Directors of the Company.

SECTION 4.08.  Dividend and Other Payment Restrictions Affecting Subsidiaries.

     The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or
indirectly, create or permit to exist or become effective any consensual encumbrance or restriction
on the ability of any Restricted Subsidiary that is not a Guarantor to:

     (i) pay dividends or make any other distributions on its Capital Stock to the Company or any
of its Restricted Subsidiaries, or with respect to any other interest or participation in, or
measured by, its profits, or pay any Indebtedness owed to the Company or any of its Restricted
Subsidiaries;

     (ii) make loans or advances to the Company or any of its Restricted Subsidiaries; or

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     (iii) transfer any of its properties or assets to the Company or any of its Restricted
Subsidiaries.

     However, the preceding restrictions shall not apply to encumbrances or restrictions existing
under or by reason of:

     (i) agreements governing Existing Indebtedness and Credit Facilities, including the Credit
Agreement, as in effect on the Issue Date and any amendments, modifications, restatements,
renewals, increases, supplements, refundings, replacements or refinancings of those agreements,
provided that the amendments, modifications, restatements, renewals, increases, supplements,
refundings, replacement or refinancings are not materially more restrictive, taken as a whole, with
respect to such dividend and other payment restrictions than those contained in those agreements on
the Issue Date;

     (ii) this Indenture, the Notes and the Subsidiary Guarantees (including the Exchange Notes and
the Guarantees thereof);

     (iii) applicable law, rule, regulation or order;

     (iv) any agreement, instrument or Capital Stock of a Person acquired by the Company or any of
its Restricted Subsidiaries (including by merger or consolidation) as in effect at the time of such
acquisition (except to the extent such agreement, instrument or Capital Stock was incurred in
connection with or in contemplation of such acquisition), which encumbrance or restriction is not
applicable to any Person, or the properties or assets of any Person, other than the Person, or the
property or assets of the Person, so acquired, provided that, in the case of Indebtedness, such
Indebtedness was permitted by the terms of this Indenture to be incurred;

     (v) customary non-assignment provisions in leases, licenses and conveyances entered into in
the ordinary course of business;

     (vi) purchase money obligations for property acquired in the ordinary course of business that
impose restrictions on that property of the nature described in clause (iii) of the preceding
paragraph;

     (vii) any agreement for the sale or other disposition of a Restricted Subsidiary that
restricts distributions by that Restricted Subsidiary pending its sale or other disposition;

     (viii) Permitted Refinancing Indebtedness, provided that the restrictions contained in the
agreements governing such Permitted Refinancing Indebtedness are not materially more restrictive,
taken as a whole, than those contained in the agreements governing the Indebtedness being
refinanced;

     (ix) Liens securing Indebtedness otherwise permitted to be incurred under the provisions of
Section 4.12 that limit the right of the debtor to dispose of the assets subject to such Liens;

     (x) provisions with respect to the disposition or distribution of assets or property in joint
venture agreements, stockholder agreements, asset sale agreements, stock sale agreements and other
similar agreements and agreements relating to Permitted Business Investments;

     (xi) the issuance of preferred stock by a Restricted Subsidiary or the payment of dividends
thereon in accordance with the terms thereof, provided that issuance of such preferred stock is
permitted pursuant to Section 4.09 and the terms of such preferred stock do not expressly restrict
the ability of a Restricted Subsidiary to pay dividends or make any other distributions on its
Capital Stock (other than
requirements to pay dividends or liquidation preferences on such preferred stock prior to
paying any dividends or making any other distributions on such other Capital Stock);

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     (xii) encumbrances or restrictions contained in any Indebtedness, Disqualified Stock or
preferred stock incurred by a Foreign Restricted Subsidiary pursuant to the first paragraph of and
clauses (i), (iv), (v) (but only to the extent a Foreign Restricted Subsidiary initially would have
been permitted to incur the underlying Indebtedness), (xiv), (xv), (xvi) or (xviii) of the second
paragraph of Section 4.09; provided that such encumbrance or restriction shall only apply to such
Foreign Restricted Subsidiary;

     (xiii) supermajority voting requirements existing under corporate charters, bylaws,
stockholders agreements and similar documents and agreements;

     (xiv) restrictions on cash or other deposits or net worth imposed by customers under contracts
entered into in the ordinary course of business;

     (xv) customary subordination provisions governing Indebtedness permitted pursuant to Section
4.09;

     (xvi) any encumbrances or restrictions imposed by any amendments, modifications,
restatements, renewals, increases, supplements, refundings, replacements or refinancings of the
contracts, instruments or obligations referred to in clauses (i) through (xv) above or this clause
(xvi); provided that such amendments, modifications, restatements, renewals, increases,
supplements, refundings, replacements or refinancings are, in the good faith judgment of the
Company, not materially more restrictive with respect to such encumbrances and restrictions taken
as a whole than those prior to such amendment, modification, restatement, renewal, increase,
supplement, refunding, replacement or refinancing; and

     (xvii) restrictions or conditions of the types contained in clause (iii) of the preceding
paragraph contained in any operating, construction, service, supply, purchase or other agreement to
which the Company or any Restricted Subsidiary is a party entered into in the ordinary course of
business; provided that such agreement limits the encumbrance solely to the property or assets of
the Company or such Restricted Subsidiary that is the subject of such agreement, the payment rights
arising thereunder and the proceeds thereof and does not extend to any other asset or property of
such Restricted Subsidiary or the assets or property of the Company or any other Restricted
Subsidiary.

SECTION 4.09.  Incurrence of Indebtedness and Issuance of Preferred Stock.

     The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or
indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly
liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness
(including Acquired Debt), and the Company shall not issue any Disqualified Stock and shall not
permit any of its Restricted Subsidiaries to issue any Disqualified Stock or shares of preferred
stock; provided, however, that the Company may incur Indebtedness (including Acquired Debt) or
issue shares of Disqualified Stock, and any Restricted Subsidiary may incur Indebtedness (including
Acquired Debt), issue shares of Disqualified Stock and issue shares of preferred stock, if the
Fixed Charge Coverage Ratio for the Company’s most recently ended four full fiscal quarters for
which internal financial statements are available immediately preceding the date on which such
additional Indebtedness is incurred or such Disqualified Stock or preferred stock is issued would
have been at least 2.0 to 1.0, determined on a pro forma basis (including a pro forma application
of the net proceeds therefrom), as if the additional Indebtedness had been incurred or Disqualified
Stock or preferred stock had been issued, as the case may be, at the beginning of such four-quarter
period.

     The first paragraph of this Section 4.09 shall not prohibit:

     (i) the incurrence by the Company or any of its Restricted Subsidiaries of Indebtedness and
letters of credit under one or more Credit Facilities in an aggregate principal amount at any one
time

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outstanding under this clause (i) (with letters of credit being deemed to have a principal
amount equal to the maximum potential liability of the Company and its Restricted Subsidiaries
thereunder) not to exceed $1,570.0 million less the sum of all permanent principal payments with
respect to such Indebtedness in accordance with Section 4.10;

     (ii) the incurrence by the Company and its Restricted Subsidiaries of Existing Indebtedness
(other than Indebtedness described in clauses (i) and (iii);

     (iii) the incurrence by the Company and any Guarantor of Indebtedness represented by the Notes
(other than Additional Notes) and the Exchange Notes issued in exchange therefor and any Subsidiary
Guarantees of the foregoing;

     (iv) Indebtedness (including Capital Lease Obligations other than Deemed Capitalized Leases),
Disqualified Stock and preferred stock incurred by the Company or any of its Restricted
Subsidiaries to finance the purchase, lease or improvement of property (real or personal) or
equipment (other than software) that is used or useful in a Permitted Business (but excluding the
purchase of Capital Stock of any Person), provided that the aggregate amount of Indebtedness,
Disqualified Stock and preferred stock incurred pursuant to this clause (iv) when aggregated with
the then outstanding amount of such obligations under clause (v) incurred to refinance such
obligations initially incurred in reliance on this clause (iv) does not exceed 2.0% of Consolidated
Net Tangible Assets (determined as of the time of such incurrence) at any time outstanding;

     (v) the incurrence by the Company or any of its Restricted Subsidiaries of Permitted
Refinancing Indebtedness in exchange for, or the net proceeds of which are used to refund,
refinance or replace Indebtedness (other than intercompany Indebtedness) that was permitted by this
Indenture to be incurred under this clause (v), the first paragraph of this Section 4.09 or clauses
(ii), (iii), (iv), (x) or (xvi) of this paragraph and related interest, premiums, fees and other
Obligations;

     (vi) the incurrence by the Company or any of its Restricted Subsidiaries of intercompany
Indebtedness, Disqualified Stock or preferred stock between or among the Company and any of its
Restricted Subsidiaries; provided, however, that:

     (a) if the Company or any Guarantor is the obligor on such Indebtedness, such
Indebtedness must be expressly subordinated to the prior payment in full in cash of all
Obligations with respect to the Notes, in the case of the Company, or the Subsidiary
Guarantee, in the case of a Guarantor; and

     (b) (1) any subsequent issuance or transfer of Equity Interests that results in any
such Indebtedness, Disqualified Stock or preferred stock being held by a Person other than
the Company or a Restricted Subsidiary of the Company and (2) any sale or other transfer of
any such Indebtedness, Disqualified Stock or preferred stock (but for the avoidance of doubt
excluding the grant of a Permitted Lien thereon) to a Person that is neither the Company nor
a Restricted Subsidiary of the Company shall be deemed, in each case, to constitute an
incurrence of such Indebtedness, Disqualified Stock or preferred stock by the Company or
such Restricted Subsidiary, as the case may be, that was not permitted by this clause (vi);

     (vii) the incurrence by the Company or any of its Restricted Subsidiaries of Hedging
Obligations;

     (viii) the Guarantee by the Company or a Restricted Subsidiary of the Company of Indebtedness
of the Company or a Restricted Subsidiary of the Company that was permitted to be incurred by
another provision of this Section; provided that in the event such Indebtedness that is being

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guaranteed is (a) pari passu with the Notes or a Subsidiary Guarantee, as the case may be, then the
related Guarantee shall rank equally in right of payment to the Notes or Subsidiary Guarantee, as
the case may be, or (b) subordinated to the Notes or a Subsidiary Guarantee, as the case may be,
then the related Guarantee shall be subordinated in right of payment to the Notes or such
Subsidiary Guarantee, as the case may be;

     (ix) the accrual of interest or dividends, the accretion or amortization of original issue
discount, the payment of interest on any Indebtedness in the form of additional Indebtedness with
the same terms, the payment of dividends on Disqualified Stock or preferred stock in the form of
additional shares of the same class of Disqualified Stock or preferred stock and the incurrence of
unrealized losses or charges in respect of Hedging Obligations (including those resulting from the
application of FAS 133 and similar provisions), in each case will be deemed not to be an incurrence
of Indebtedness or an issuance of Disqualified Stock or preferred stock for purposes of this
covenant;

     (x) Indebtedness arising from agreements of the Company or a Restricted Subsidiary providing
for indemnification, adjustment of purchase price, earn-out or other similar obligations, in each
case, incurred or assumed in connection with the disposition or acquisition of any business, assets
or a Restricted Subsidiary, other than Guarantees of Indebtedness incurred by any Person acquiring
all or any portion of such business, assets or Restricted Subsidiary for the purpose of financing
such acquisition; provided that the maximum aggregate liability in respect of all such Indebtedness
shall at no time exceed the fair market value of the consideration actually received (or, in the
case of an acquisition, paid) by the Company and its Restricted Subsidiaries in connection with
such transaction;

     (xi) Indebtedness supported by one or more letters of credit incurred under a Credit Facility
in accordance with and pursuant to clause (i) of this paragraph; provided the amount of
Indebtedness permitted to be incurred under this clause (xi) relating to any such letter of credit
shall not exceed the amount of the letter of credit provided for therein; provided further, that
upon any reduction, cancellation or termination of the applicable letter of credit, there shall be
deemed to be an incurrence of Indebtedness under this Indenture equal to the excess of the amount
of such Indebtedness outstanding immediately after such reduction, cancellation or termination over
the remaining stated amount, if any, of such letter of credit or the stated amount of any letter of
credit issued in replacement of such letter of credit;

     (xii) Indebtedness arising from the honoring by a bank or other financial institution of a
check, draft or similar instrument inadvertently drawn against insufficient funds in the ordinary
course of business; provided, however, that such Indebtedness is extinguished within ten Business
Days of incurrence;

     (xiii) Indebtedness represented by property, liability and workers’ compensation insurance,
completion guarantees, performance bonds (provided that to the extent that such performance bonds
secure Indebtedness, such Indebtedness is otherwise permitted under this Section), surety bonds,
appeal bonds and other obligations (which, in each case, may be in the form of or secured by
letters of credit), in each case required or incurred in the ordinary course of business or in
connection with the enforcement of rights or claims of the Company or any Restricted Subsidiary of
the Company or in connection with judgments that do not result in a Default or an Event of Default
and all reimbursement obligations under such letters of credit;

     (xiv) the incurrence by the Company or any of its Restricted Subsidiaries of additional
Indebtedness, Disqualified Stock or preferred stock that is not secured by a Lien in an aggregate
principal
amount (or accreted value or liquidation preference, as applicable) at any time outstanding
not to exceed $50.0 million;

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     (xv)  Construction Indebtedness and Permitted Refinancing Indebtedness incurred in respect
thereof in an aggregate principal amount that does not exceed $100.0 million at any time
outstanding;

     (xvi) Indebtedness, Disqualified Stock or preferred stock of (x) the Company or a Restricted
Subsidiary incurred to finance an acquisition or (y) Persons that are acquired by the Company or
any Restricted Subsidiary or merged into the Company or a Restricted Subsidiary in accordance with
the terms of this Indenture; provided that after giving effect to such acquisition or merger,
either

     (a) the Company would be permitted to incur at least $1.00 of additional Indebtedness
pursuant to the Fixed Charge Coverage Ratio test set forth in the first sentence of this
Section 4.09, or

     (b) the Fixed Charge Coverage Ratio is equal to or greater than such ratio immediately
prior to such acquisition or merger;

     (xvii) Indebtedness of the Company or any of its Restricted Subsidiaries to an Unrestricted
Subsidiary for money borrowed; provided that such Indebtedness is subordinated in right of payment
to the Notes or such Restricted Subsidiary’s Subsidiary Guarantee, the Weighted Average Life to
Maturity of such Indebtedness is greater than the Weighted Average Life to Maturity of the Notes
and the holders of such Indebtedness are not permitted to accelerate such Indebtedness or exercise
any other remedies with respect thereto until 91 days after the Stated Maturity of the Notes; and

     (xviii) Indebtedness incurred by the Company or any Restricted Subsidiary with respect to
Digital Projector Financing in an aggregate principal amount incurred not to exceed (i) $70.0
million during the period from the Issue Date to the first anniversary thereof; (ii) $70.0 million
during the period from the first anniversary of the Issue Date to the second anniversary of the
Issue Date; and (iii) $60.0 million after the second anniversary of the Issue Date, provided that
any unused or repaid amounts may be carried forward and used in subsequent periods without
limitation.

     Neither the Company nor any Restricted Subsidiary shall incur any Indebtedness under the
preceding paragraph if the proceeds thereof are used, directly or indirectly, to refinance any
Indebtedness subordinated to the Notes or any Subsidiary Guarantee unless such Indebtedness shall
be subordinated to the Notes or such Subsidiary Guarantee to at least the same extent as such
subordinated Indebtedness. No Restricted Subsidiary of the Company that is not a Guarantor may
incur any Indebtedness if the proceeds are used to refinance Indebtedness of the Company or a
Guarantor (other than a refinancing of all the Notes).

     For purposes of determining compliance with this Section 4.09, in the event that an item of
proposed Indebtedness (including Acquired Debt) meets the criteria of more than one of the
categories described in clauses (i) through (xviii) above, or is entitled to be incurred pursuant
to the first paragraph of this Section 4.09, the Company shall be permitted to classify (or later
classify or reclassify in whole or in part in its sole discretion) such item of Indebtedness in any
manner that complies with this Section 4.09, provided that all Indebtedness under the Credit
Agreement outstanding on the Issue Date shall be deemed to have been incurred on the Issue Date
pursuant to clause (i) above and the Company shall not be permitted to later reclassify all or any
portion of such Indebtedness under the Credit Agreement outstanding on the Issue Date.
Notwithstanding any other provision of this Section, the maximum amount of Indebtedness that the
Company or any Restricted Subsidiary may incur pursuant to this Section shall not be deemed to be
exceeded solely as a result of fluctuations in the exchange rate of currencies. The principal
amount of any Disqualified Stock of the Company or a Restricted Subsidiary, or preferred stock
of a Restricted Subsidiary that is not a Guarantor, will be equal to the greater of the
maximum mandatory redemption or repurchase price (not including, in either case, any redemption or
repurchase premium) or the liquidation preference thereof.

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     This Indenture does not treat (1) unsecured Indebtedness as subordinated to secured
Indebtedness merely because it is unsecured, (2) Senior Debt that is secured Indebtedness as
subordinated to any other Senior Debt that is secured Indebtedness merely because it has a junior
priority with respect to the same collateral, (3) any Indebtedness as subordinated to any other
Indebtedness merely because of maturity date, order of payment or order of application of funds or
(4) Indebtedness that is not Guaranteed as subordinated to Indebtedness that is Guaranteed merely
because of such Guarantee.

SECTION 4.10.  Asset Sales.

     The Company shall not, and shall not permit any of its Restricted Subsidiaries to, consummate
an Asset Sale unless:

     (i) the Company (or the Restricted Subsidiary, as the case may be) receives consideration at
least equal to the fair market value of the assets or Equity Interests issued or sold or otherwise
disposed of (such fair market value to be determined in good faith by the Company on the date of
contractually agreeing to such Asset Sale); and

     (ii) at least 75% of the consideration received in the Asset Sale by the Company or such
Restricted Subsidiary is in the form of cash or Cash Equivalents. For purposes of this clause (ii)
only, each of the following shall be deemed to be cash:

     (a) the amount of any liabilities, as shown on the Company’s or such Restricted Subsidiary’s
most recent balance sheet, of the Company or such Restricted Subsidiary (other than contingent
liabilities and liabilities that are by their terms subordinated to the Notes or any Subsidiary
Guarantee) that are assumed by the transferee of any such assets pursuant to a customary novation
agreement or by operation of law that releases the Company or such Restricted Subsidiary from
further liability;

     (b) any securities, notes or other obligations received by the Company or any such Restricted
Subsidiary from such transferee that are converted by the Company or such Restricted Subsidiary
into cash within 180 days of the closing of the related Asset Sale, to the extent of the cash
received in that conversion; and

     (c) any Designated Non-cash Consideration received by the Company or such Restricted
Subsidiary in such Asset Sale having an aggregate fair market value, taken together with all other
Designated Non-cash Consideration received pursuant to this clause (c) at that time outstanding,
not to exceed 2.0% of Consolidated Net Tangible Assets at the time of the receipt of such
Designated Non-cash Consideration, with the fair market value of each item of Designated Non-cash
Consideration being measured at the time received and without giving effect to subsequent changes
in value.

     Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company or such
Restricted Subsidiary may apply those Net Proceeds at its option to:

     (i) permanently repay Senior Debt of the Company or any Guarantor and, if the Senior Debt
repaid is revolving credit Indebtedness, to correspondingly reduce commitments with respect
thereto; provided that if such Senior Debt being repaid consists of Indebtedness not secured by a
Lien, the Notes are reduced or repurchased (including through open-market purchases to the extent
such purchases are at
or above 100% of the principal amount thereof) on a pro rata basis with such other Senior Debt
(based on the aggregate principal amount or accreted value, as applicable, thereof) with the Net
Proceeds from the Asset Sale;

     (ii) permanently repay Indebtedness of a non-Guarantor Restricted Subsidiary of the Company
(other than Indebtedness owed to the Company or any Restricted Subsidiary);

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     (iii) acquire all or substantially all of the assets of, or a majority of the Voting Stock of,
another Permitted Business (or a division or unit thereof);

     (iv) make a capital expenditure relating to an asset used or useful in a Permitted Business;
or

     (v) acquire other long-term assets that are used or useful in a Permitted Business;

provided that, in the case of clauses (iii), (iv) and (v) above, a binding commitment shall be
treated as a permitted final application of the Net Proceeds from the date of such commitment so
long as the Company or such Restricted Subsidiary enters into such commitment with the good faith
expectation that such Net Proceeds will be applied to satisfy such commitment within 180 days after
the end of the 365-day period (an “Acceptable Commitment”) and, in the event any Acceptable
Commitment is later cancelled, terminated or otherwise not consummated during such period for any
reason, then any such unapplied Net Proceeds shall upon such event constitute Excess Proceeds.

     Pending the final application of any Net Proceeds, the Company may temporarily reduce
revolving credit borrowings or otherwise invest the Net Proceeds in any manner that is not
prohibited by this Indenture.

     Any Net Proceeds from Asset Sales that are not applied or invested as provided in the
preceding paragraph shall constitute “Excess Proceeds.” When the aggregate amount of Excess
Proceeds exceeds $25.0 million, the Company shall make an offer (an “Asset Sale Offer”) to
all Holders of Notes and all holders of other Indebtedness that is pari passu with the Notes
containing provisions similar to those set forth in this Indenture with respect to offers to
purchase or redeem with the proceeds of sales of assets to purchase the maximum principal amount
(or accreted value, as applicable) of Notes and such other pari passu Indebtedness that may be
purchased out of the Excess Proceeds (the “Offer Amount”). The offer price in any Asset
Sale Offer shall be equal to 100% of the principal amount (or accreted value, as applicable)
thereof plus accrued and unpaid interest and Additional Interest, if any, to the date of purchase,
and shall be payable in cash. If any Excess Proceeds remain after consummation of an Asset Sale
Offer, the Company may use those Excess Proceeds for any purpose not otherwise prohibited by this
Indenture. If the aggregate principal amount (or accreted value, as applicable) of Notes and other
pari passu Indebtedness tendered into such Asset Sale Offer exceeds the amount of Excess Proceeds,
the Notes and such other pari passu Indebtedness shall be purchased on a pro rata basis on the
basis of the aggregate principal amount (or accreted value, as applicable) of Notes and of other
pari passu Indebtedness tendered. Upon completion of each Asset Sale Offer, the amount of Excess
Proceeds shall be reset at zero. The Company may satisfy the foregoing obligations with respect to
any Net Proceeds from an Asset Sale by making an Asset Sale Offer with respect to such Net Proceeds
prior to the expiration of the foregoing 365-day period.

     Upon the commencement of an Asset Sale Offer, the Company shall send, by first class mail, a
notice to the Trustee and each of the Holders, with a copy to the Trustee. The notice shall contain
all instructions and materials necessary to enable such Holders to tender Notes pursuant to the
Asset Sale Offer. The Asset Sale Offer shall be made to all Holders. The notice, which shall govern
the terms of the Asset Sale Offer, shall state:

     (a) that the Asset Sale Offer is being made pursuant to this Section 4.10 and that such
Asset Sale Offer shall remain open for 20 Business Days;

     (b) the Offer Amount attributable to the Notes, the purchase price and the purchase
date of the Asset Sale (the “Purchase Date”);

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     (c) that any Note not tendered or accepted for payment shall continue to accrue
interest and Additional Interest, if any;

     (d) that, unless the Company defaults in making such payment, any Note accepted for
payment pursuant to the Asset Sale Offer shall cease to accrue interest, and Additional
Interest, if any;

     (e) that Holders electing to have a Note purchased pursuant to any Asset Sale Offer
shall be required to surrender the Note, with the form entitled “Option of Holder to Elect
Purchase” on the reverse of the Note completed, or transfer by book-entry transfer, to the
Company, a Depositary, if appointed by the Company, or a Paying Agent at the address
specified in the notice at least three Business Days before the Purchase Date;

     (f) that Holders shall be entitled to withdraw their election if the Company, the
depositary or the Paying Agent, as the case may be, receives, not later than the expiration
of the offer period, a telegram, telex, facsimile transmission or letter setting forth the
name of the Holder, the principal amount of the Note the Holder delivered for purchase and a
statement that such Holder is withdrawing his election to have such Note purchased;

     (g) that, if the aggregate principal amount of Notes and aggregate principal amount of
such other pari passu Indebtedness tendered by Holders exceeds the Offer Amount, the Company
shall select the Notes and such other pari passu Indebtedness to be purchased on a pro rata
basis on the basis of the aggregate principal amount of Notes and the aggregate principal
amount of such other pari passu Indebtedness tendered (with such adjustments as may be
deemed appropriate by the Company so that only Notes and other Indebtedness in denominations
of $1,000 aggregate principal amount or integral multiples thereof, shall be purchased); and

     (h) that Holders whose Notes were purchased only in part shall be issued new Notes
equal in principal amount to the unpurchased portion of the Notes surrendered (or
transferred by book-entry transfer).

     On or before the Purchase Date, the Company shall, to the extent lawful, accept for payment,
on a pro rata basis to the extent necessary, the Offer Amount of Notes and such other pari passu
Indebtedness or portions thereof tendered pursuant to the Asset Sale Offer, or if less than the
Offer Amount has been tendered, all Notes and such other pari passu Indebtedness or portions
thereof tendered, and shall deliver to the Trustee an Officers’ Certificate stating that such Notes
and such other pari passu Indebtedness or portions thereof were accepted for payment by the Company
in accordance with the terms of this Section 4.10. The Company, the Depositary or the Paying Agent,
as the case may be, shall promptly (but in any case not later than five days after the Purchase
Date) mail or deliver to each tendering Holder an amount equal to the purchase price of the Notes
tendered by such Holder and accepted by the Company for purchase, and the Company shall promptly
issue a new Note, and the Trustee, upon written request from the Company shall authenticate and
mail or deliver such new Note to such Holder, in a principal amount equal to any unpurchased
portion of the Note surrendered. Any Note not so accepted shall be promptly mailed or delivered by
the Company to the Holder thereof. The Company shall publicly announce the results of the Asset
Sale Offer promptly after the Purchase Date.

     If the Purchase Date is on or after an interest payment record date and on or before the
related interest payment date, any accrued and unpaid interest and Additional Interest, if any,
will be paid to the Holder in whose name a note is registered at the close of business on such
record date, and no other interest or Additional Interest, if any, will be payable to Holders whose
Notes are purchased pursuant to the Asset Sale Offer.

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     The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any
other securities laws and regulations thereunder to the extent those laws and regulations are
applicable in connection with each repurchase of Notes pursuant to an Asset Sale Offer. To the
extent that the provisions of any securities laws or regulations conflict with this Section 4.10,
the Company shall comply with the applicable securities laws and regulations and shall not be
deemed to have breached its obligations under the Asset Sale provisions of this Indenture by virtue
of such conflict.

     Notwithstanding anything to the contrary contained in this Indenture, the Company or any of
its Restricted Subsidiaries may engage in transactions in which theatre properties shall be
transferred in exchange for one or more other theatre properties; provided that if the fair market
value of the theatre properties to be transferred by the Company or such Restricted Subsidiary,
plus the fair market value of any other consideration paid or credited by the Company or such
Restricted Subsidiary (the “Transaction Value”) exceeds $10.0 million, such transaction
shall require approval of the Board of Directors of the Company. In addition, each such transaction
shall be valued at an amount equal to all consideration received by the Company or such Restricted
Subsidiary in such transaction other than the theatre properties received pursuant to such exchange
(“Other Consideration”) for purposes of determining whether an Asset Sale has occurred. If
the Other Consideration is of an amount and character such that such transaction constituted an
Asset Sale, then the preceding paragraphs of this Section 4.10 shall be applicable to any Net
Proceeds of such Other Consideration.

SECTION 4.11.  Transactions with Affiliates.

     The Company shall not, and shall not permit any of its Restricted Subsidiaries to, make any
payment to, or sell, lease, transfer or otherwise dispose of any of its properties or assets to, or
purchase any property or assets from, or enter into or make or amend any transaction, contract,
agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate
(each, an “Affiliate Transaction”), involving aggregate payments or considerations in
excess of $5.0 million unless:

     (i) the Affiliate Transaction is on terms that are no less favorable to the Company or the
relevant Restricted Subsidiary than those that would have been obtained in a comparable transaction
by the Company or such Restricted Subsidiary with a Person who is not an Affiliate; and

     (ii) the Company delivers to the Trustee:

     (a)  with respect to any Affiliate Transaction or series of related Affiliate Transactions
involving aggregate consideration in excess of $5.0 million, an Officers’ Certificate certifying
that such Affiliate Transaction complies with this Section 4.11; and

     (b) with respect to any Affiliate Transaction or series of related Affiliate Transactions
involving aggregate consideration in excess of $25.0 million, a resolution of the Board of
Directors of Cinemark Holdings, Inc. and the Company set forth in an Officers’ Certificate
certifying that such Affiliate Transaction complies with this Section 4.11 and that such Affiliate
Transaction has been approved by a majority of the disinterested members of the Board of Directors
of Cinemark Holdings, Inc. and the Company.

     The following items shall be deemed to not be Affiliate Transactions and, therefore, shall not
be subject to the provisions of the prior paragraph:

     (i) any employment, consulting or similar agreement or other compensation arrangement entered
into by the Company or any of its Restricted Subsidiaries in the ordinary course of business of the
Company or such Restricted Subsidiary;

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     (ii) transactions between or among the Company and/or its Restricted Subsidiaries;

     (iii) transactions with a Person that is an Affiliate of the Company solely because the
Company owns an Equity Interest in, or controls, such Person;

     (iv) reasonable fees and expenses and compensation paid to, and indemnity provided on behalf
of, officers, directors or employees of the Company or any Subsidiary as determined in good faith
by the Board of Directors or senior management of the Company;

     (v) sales of Equity Interests (other than Disqualified Stock) to Affiliates of the Company and
the granting of registration and other customary rights in connection therewith;

     (vi) Restricted Payments that are permitted by Section 4.07, Permitted Investments (other than
pursuant to clause (iii) of such definition) and any transactions excluded from their or any
component definitions;

     (vii) transactions effected in connection with the Transactions, including the payment of all
related fees and expenses;

     (viii) transactions pursuant to any contract or agreement described in the Offering Memorandum
under the caption “Certain Relationships and Related Party Transactions,” as in effect on the Issue
Date, in each case as amended, modified or replaced from time to time so long as the amended,
modified or new agreements, taken as a whole, are not materially less favorable to the Company and
its Restricted Subsidiaries taken as a whole than those in effect on the Issue Date;

     (ix)   transactions with customers, clients, suppliers, or purchasers or sellers of goods or
services, in each case, in the ordinary course of business and otherwise in compliance with the
terms of this Indenture which are fair to the Company and its Restricted Subsidiaries, in the
reasonable determination of the Board of Directors of the Company or the senior management thereof,
or are on terms at least as favorable as might reasonably have been obtained at such time from an
unaffiliated party;

     (x)   the pledge of Equity Interests of an Unrestricted Subsidiary to its lenders to support
the Indebtedness of such Unrestricted Subsidiary owed to such lenders; and

     (xi)   transactions in which the Company or any of its Restricted Subsidiaries delivers to the
Trustee a letter from an accounting, appraisal or investment banking firm of national standing
stating that such transaction is fair to the Company or such Restricted Subsidiary from a financial
point of view or stating that the terms are not materially less favorable to the Company or such
Restricted Subsidiary than those that would have reasonably been obtained in a comparable
transaction by the Company or such Restricted Subsidiary with an unrelated Person on an
arm’s-length basis.

SECTION 4.12.  Liens.

     The Company shall not and shall not permit any Guarantor to create, incur, assume or otherwise
cause or suffer to exist or become effective any Lien of any kind securing Indebtedness (other than
Permitted Liens) upon any of their property or assets (including Capital Stock of Subsidiaries of
the Company), now owned or hereafter acquired, unless contemporaneously with the incurrence of such
Lien effective provision is made to secure the Obligations due under this Indenture and the Notes
or, in respect of any Lien on any Guarantor’s property or assets, any Subsidiary Guarantee of such
Guarantor, (i) in the case of Liens securing Indebtedness that is pari passu in right of payment
with the Notes or any Subsidiary Guarantee, on an equal and ratable basis with (or, if the Company
so elects, on a senior basis to) the obligations so secured until such time as such obligations are
no longer secured by a Lien and (ii)

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in the case of Liens securing Indebtedness that is expressly
subordinated in right of payment to the Notes or any Subsidiary Guarantee, on a senior basis to the
obligations so secured with the same relative priority as the Notes or such Subsidiary Guarantee,
as the case may be, shall have to that subordinated Indebtedness until such time as such
obligations are no longer secured by a Lien.

     Any Lien created for the benefit of Holders of the Notes pursuant to this covenant shall be
deemed automatically and unconditionally released and discharged upon the release and discharge of
each of the Liens described in clauses (i) and (ii) in the preceding paragraph.

SECTION 4.13.  Business Activities.

     The Company shall not, and shall not permit any Restricted Subsidiary to, engage in any
business other than Permitted Businesses, except to such extent as would not be material to the
Company and its Subsidiaries taken as a whole.

SECTION 4.14.  Corporate Existence.

     Subject to Article 5 hereof, the Company shall do or cause to be done all things necessary to
preserve and keep in full force and effect (i) its corporate existence, and the corporate,
partnership or other existence of each of its Restricted Subsidiaries, in accordance with the
respective organizational documents (as the same may be amended from time to time) of the Company
or any such Restricted Subsidiary and (ii) the rights (charter and statutory), licenses and
franchises of the Company and its Subsidiaries; provided, however, that the Company shall not be
required to preserve any such right, license or franchise, or the corporate, partnership or other
existence of any of its Restricted Subsidiaries, if the Board of Directors of the Company shall
determine that the preservation thereof is no longer desirable in the conduct of the business of
the Company and its Restricted Subsidiaries, taken as a whole, and that the loss thereof is not
adverse in any material respect to the Holders of the Notes.

SECTION 4.15.  Offer to Repurchase upon Change of Control.

          (a) If a Change of Control occurs, the Company shall be required to make an offer (a
“Change of Control Offer”) to each Holder of Notes to repurchase all or any part (equal to
$1,000 in principal amount or an integral multiple thereof) of that Holder’s Notes on the terms
set forth in this Indenture. In the Change of Control Offer, the Company shall offer a payment in
cash (the “Change of Control Payment”) equal to 101% of the principal amount of the Notes
repurchased plus accrued and unpaid interest and Additional Interest, if any, on the Notes
repurchased to the date of purchase (a “Change of Control Payment Date”). Within thirty
days following any Change of Control, the Company
shall mail a notice to each Holders stating: (i) that the Change of Control Offer is being
made pursuant to this Section 4.15 (and describing the transaction or transactions that constitute
the Change of Control) and that all Notes tendered shall be accepted for payment; (ii) the
purchase price and the purchase date, which shall be no earlier than 30 days and no later than 60
days from the date such notice is mailed; (iii) that any Note not tendered shall continue to
accrue interest and Additional Interest, if any; (iv) that, unless the Company defaults in the
payment of the Change of Control Payment, all Notes accepted for payment pursuant to the Change of
Control Offer shall cease to accrue interest and Additional Interest, if any, after the Change of
Control Payment Date; (v) that Holders electing to have any Notes purchased pursuant to a Change
of Control Offer shall be required to surrender the Notes, with the form entitled “Option of
Holder to Elect Purchase” on the reverse of the Notes completed, to the Paying Agent at the
address specified in the notice prior to the close of business on the third Business Day preceding
the Change of Control Payment Date; (vi) that Holders shall be entitled to withdraw their election
if the Paying Agent receives, not later than the close of business on the second Business Day
preceding the Change of Control Payment Date, a facsimile transmission or letter setting forth the
name of the Holder, the principal amount of Notes delivered for purchase, and a

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statement that
such Holder is withdrawing his election to have the Notes purchased; and (vii) that Holders whose
Notes are being purchased only in part shall be issued new Notes equal in principal amount to the
unpurchased portion of the Notes surrendered, which unpurchased portion must be equal to $2,000 in
principal amount or an integral multiple of $1,000 in excess thereof.

     On the Change of Control Payment Date, the Company shall, to the extent lawful:

               (i) accept for payment all Notes or portions of Notes properly tendered pursuant to the Change
of Control Offer;

               (ii) deposit with the Paying Agent an amount equal to the Change of Control Payment in respect
of all Notes or portions of Notes properly tendered; and

               (iii) deliver or cause to be delivered to the Trustee the Notes properly accepted together
with an Officers’ Certificate stating the aggregate principal amount of Notes or portions of Notes
being purchased by the Company.

     The Paying Agent shall promptly mail to each Holder of Notes validly tendered the Change of
Control Payment for such Notes, and the Trustee shall promptly authenticate and mail (or cause to
be transferred by book entry) to each Holder a new Note equal in principal amount to any
unpurchased portion of the Notes surrendered, if any; provided that each new Note shall be in a
principal amount of $2,000 or an integral multiple of $1,000 in excess thereof.

     If the Change of Control Payment Date is on or after an interest payment record date and on or
before the related interest payment date, any accrued and unpaid interest and Additional Interest,
if any, will be paid to the Holder in whose name a note is registered at the close of business on
such record date, and no other interest or Additional Interest, if any, will be payable to Holders
who tender pursuant to the Change of Control Offer.

     The Company shall not be required to make a Change of Control Offer upon a Change of Control
if a third party makes the Change of Control Offer in the manner, at the times and otherwise in
compliance with the requirements set forth in this Indenture applicable to a Change of Control
Offer made by the Company and purchases all Notes validly tendered and not withdrawn under the
Change of Control Offer or if an irrevocable notice of redemption has been given pursuant to this
Indenture in accordance with the provisions set forth in Section 3.07 for all outstanding Notes.

     The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any
other securities laws and regulations thereunder to the extent those laws and regulations are
applicable in connection with each repurchase of Notes pursuant to a Change of Control Offer. To
the extent that the provisions of any securities laws or regulations conflict with the Change of
Control provisions of this Indenture, the Company shall comply with the applicable securities laws
and regulations and shall not be deemed to have breached its obligations under the Change of
Control provisions of this Indenture by virtue of such conflict.

SECTION 4.16.  Future Guarantors.

     If any Restricted Subsidiary of the Company that is not a Guarantor (the “New
Guarantor”) Guarantees, assumes or in any other manner becomes liable with respect to
Indebtedness of the Company or any Guarantor (the “Other Indebtedness”), then the Company
shall and shall cause the New Guarantor to, within ten Business Days of the date of the New
Guarantor’s Guarantee or assumption of the Other Indebtedness, execute and deliver to the Trustee a
supplemental indenture in the form of Exhibit E attached hereto or otherwise satisfactory to the
Trustee pursuant to which the New Guarantor shall

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become a Guarantor and Guarantee the obligations
of the Company under this Indenture and the Notes. Concurrently with the execution and delivery of
such supplemental indenture, the Company shall deliver to the Trustee an Opinion of Counsel and an
Officers’ Certificate to the effect that such supplemental indenture has been duly authorized,
executed and delivered by such New Guarantor, and that, subject to the application of bankruptcy,
insolvency, moratorium, fraudulent conveyance or transfer or other similar laws relating to
creditors’ rights generally and to the principles of equity, whether considered in a proceeding at
law or in equity, and other customary exceptions, such New Guarantor’s Subsidiary Guarantee is a
legal, valid and binding obligation of such New Guarantor, enforceable against such New Guarantor
in accordance with its terms and as to such other matters as the Trustee may reasonably request.
Upon the release, termination or satisfaction of the New Guarantor’s Guarantee or assumption of all
Other Indebtedness (other than a release, termination or satisfaction as a result of payment under
such Guarantee), the New Guarantor’s Subsidiary Guarantee shall automatically be released and
terminated. Upon request of the New Guarantor, the Trustee shall provide written evidence of such
release and termination.

SECTION 4.17.  Designation of Restricted and Unrestricted Subsidiaries.

     The Board of Directors of the Company may designate any Restricted Subsidiary to be an
Unrestricted Subsidiary if that designation would not cause a Default. If a Restricted Subsidiary
is designated as an Unrestricted Subsidiary, the aggregate fair market value of all outstanding
Investments owned by the Company and its Restricted Subsidiaries in the Subsidiary properly
designated shall be deemed to be an Investment made as of the time of the designation and shall
reduce the amount available for Restricted Payments or Permitted Investments, as determined by the
Company. That designation shall only be permitted if the Investment would be permitted at that time
and if the Restricted Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. The
Board of Directors of the Company may redesignate any Unrestricted Subsidiary to be a Restricted
Subsidiary if the redesignation would not cause a Default.

ARTICLE 5.

SUCCESSORS

     SECTION 5.01.  Merger, Consolidation or Sale of Assets.

     The Company may not, directly or indirectly, in one or more related transactions: (1)
consolidate or merge with or into another Person (whether or not the Company is the surviving
corporation); or (2) sell, assign, transfer, convey or otherwise dispose of all or substantially
all of the properties or assets of the Company and its Restricted Subsidiaries, taken as a whole,
to another Person; unless:

     (i) either: (a) the Company is the surviving corporation; or (b) the Person formed by or
surviving any such consolidation or merger (if other than the Company) or to which such sale,
assignment, transfer, conveyance or other disposition has been made is a corporation, limited
liability company or partnership organized or existing under the laws of the United States, any
state of the United States or the District of Columbia; provided that if the Person is a
partnership or limited liability company, a corporation wholly owned by such Person organized or
existing under the laws of the United States, any state of the United States or the District of
Columbia that does not and shall not have any material assets or operations shall promptly
thereafter become a co-issuer of the Notes pursuant to a supplemental indenture;

     (ii) the Person formed by or surviving any such consolidation or merger (if other than the
Company) or the Person to which such sale, assignment, transfer, conveyance or other disposition
has

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been made expressly assumes all the obligations of the Company under the Notes, this Indenture
and the Registration Rights Agreement pursuant to a supplemental indenture executed and delivered
to the Trustee in form reasonably satisfactory to the Trustee;

     (iii) immediately after such transaction no Default or Event of Default exists;

     (iv) the Company or the Person formed by or surviving any such consolidation or merger (if
other than the Company), or to which such sale, assignment, transfer, conveyance or other
disposition has been made shall, on the date of such transaction after giving pro forma effect
thereto and any related financing transactions as if the same had occurred at the beginning of the
applicable four-quarter period, (a) be permitted to incur at least $1.00 of additional Indebtedness
pursuant to the Fixed Charge Coverage Ratio test set forth in the first paragraph of Section 4.09
or (b) have a Fixed Charge Coverage Ratio equal to or greater than the Fixed Charge Coverage Ratio
of the Company immediately prior to such transaction; and

     (v)  if the Company is not the surviving corporation, each Guarantor (unless it is the other
party to the transactions above, in which case clause (ii) shall apply) shall have by supplemental
indenture confirmed that its Subsidiary Guarantee shall apply to such Person’s obligations in
respect of the Notes and this Indenture and its obligations under the Registration Rights Agreement
shall continue to be in effect.

     In addition, the Company may not, directly or indirectly, lease all or substantially all of
its properties or assets, in one or more related transactions, to any other Person.

     Notwithstanding clause (iv) of this Section 5.01, any Restricted Subsidiary may consolidate
with, merge into or transfer all or part of its properties and assets to the Company or any
Guarantor.

SECTION 5.02.  Successor Corporation Substituted.

     Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or
other disposition of all or substantially all of the assets of the Company in accordance with
Section 5.01 hereof, the successor corporation formed by such consolidation or into or with which
the Company is merged or to which such sale, assignment, transfer, lease, conveyance or other
disposition is made shall succeed to,
and be substituted for (so that from and after the date of such consolidation, merger, sale,
lease, conveyance or other disposition, the provisions of this Indenture referring to the Company
shall refer instead to the successor corporation and not to the Company), and may exercise every
right and power of the Company under this Indenture with the same effect as if such successor
Person had been named as the Company herein, provided, however, that the predecessor company shall
not be relieved from the obligation to pay the principal of and interest on the Notes (and its
obligations to the Trustee pursuant to Section 7.07) except in the case of a sale or other
disposition of all or substantially all of the properties and assets of the Company and its
Restricted Subsidiaries taken as a whole that meets the requirements of Section 5.01 hereof.

ARTICLE 6.

DEFAULTS AND REMEDIES

SECTION 6.01.  Events of Default.

     An “Event of Default” occurs if:

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     (i) the Company defaults for 30 days in the payment when due of interest on, or Additional
Interest with respect to, the Notes;

     (ii) the Company defaults in payment when due of the principal of, or premium, if any, on the
Notes;

     (iii) the Company or any of its Restricted Subsidiaries fails to comply with any of the
provisions of Section 5.01 hereof;

     (iv) the Company or any of its Restricted Subsidiaries fails to comply with Section 4.15 for
30 days after receipt by the Company of written notice from the Trustee or the Holders of not less
than 25% in principal amount of the Notes;

     (v) the Company or any of its Restricted Subsidiaries fails to observe or perform any of the
other agreements in this Indenture for 60 days after receipt by the Company of written notice from
the Trustee or the Holders of not less than 25% in principal amount of the Notes;

     (vi) a default by the Company or any of its Restricted Subsidiaries occurs under any mortgage,
indenture or instrument under which there may be issued or by which there may be secured or
evidenced any Indebtedness for money borrowed by the Company or any of its Restricted Subsidiaries
(or the payment of which is guaranteed by the Company or any of its Restricted Subsidiaries)
whether such Indebtedness or guarantee now exists, or is created after the Issue Date, if that
default:

     (a) is caused by a failure to pay principal on such Indebtedness prior to the
expiration of the grace period provided in such Indebtedness on the date of such default (a
“Payment Default”); or

     (b) results in the acceleration of such Indebtedness prior to its express maturity;

     and, in each case, the principal amount of any such Indebtedness, together with the principal
amount of any other such Indebtedness under which there has been a Payment Default or the maturity
of which has been so accelerated, aggregates $15.0 million or more;

     (vii) a final nonappealable judgment or judgments for the payment of money are entered by a
court or courts of competent jurisdiction against the Company or any of its Restricted Subsidiaries
and such judgment or judgments remain unpaid or undischarged for a period (during which execution
shall not be effectively stayed) of 60 days; provided that the aggregate of all such undischarged
judgments exceeds $15.0 million (net of any amount with respect to which a reputable and solvent
insurance company has acknowledged liability in writing);

     (viii) except as permitted by this Indenture, any Subsidiary Guarantee shall be held in any
judicial proceeding to be unenforceable or invalid or shall cease for any reason to be in full
force and effect or any Guarantor, or any Person acting on behalf of any Guarantor, shall deny or
disaffirm its obligations under its Subsidiary Guarantee;

     (ix) the Company or any of its Restricted Subsidiaries that is a Significant Subsidiary or any
group of Restricted Subsidiaries that, taken as a whole, would constitute a Significant Subsidiary,
pursuant to or within the meaning of Bankruptcy Law:

     (a) commences a voluntary case,

     (b) consents to the entry of an order for relief against it in an involuntary case,

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     (c) consents to the appointment of a Custodian of it or for all or substantially all of
its property,

     (d) makes a general assignment for the benefit of its creditors, or

     (e) generally is not paying its debts as they become due; or

     (x) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that:

     (a) is for relief against the Company or any of its Restricted Subsidiaries that is a
Significant Subsidiary in an involuntary case;

     (b) appoints a Custodian of the Company or any of its Restricted Subsidiaries that is a
Significant Subsidiary for all or substantially all of the property of the Company or such
Subsidiary; or

     (c) orders the liquidation of the Company or any of its Restricted Subsidiaries that is
a Significant Subsidiary; and

     in each case the order or decree remains unstayed and in effect for 60 consecutive days.

SECTION 6.02.  Acceleration.

     In the case of an Event of Default arising from clause (ix) or (x) of Section 6.01 with
respect to the Company, any Subsidiary that is a Significant Subsidiary or any group of
Subsidiaries that, taken
together, would constitute a Significant Subsidiary, all outstanding Notes will become due and
payable immediately without further action or notice. If any other Event of Default occurs and is
continuing, the Trustee or Holders of at least 25% in aggregate principal amount of the then
outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such
declaration, the principal of, premium, if any, and accrued and unpaid interest, if any, and
Additional Interest, if any, shall become due and payable immediately. The Trustee has no duty or
obligation to determine whether an Event of Default has occurred as a result of the events
described above and shall have notice of such events only in accordance with Section 7.02(i)
herein.

     Notwithstanding the foregoing, if an Event of Default specified in clause (vi) of Section 6.01
shall have occurred and be continuing, such Event of Default and any consequential acceleration
shall be automatically rescinded if (i) the Indebtedness that is the subject of such Event of
Default has been repaid or (ii) if the default relating to such Indebtedness is waived or cured and
if such Indebtedness has been accelerated, then the Holders thereof have rescinded their
declaration of acceleration in respect of such Indebtedness.

     Any such declaration with respect to the Notes may be rescinded and annulled by the Holders of
a majority in aggregate principal amount of the outstanding Notes by written notice to the Trustee
if (i) the rescission would not conflict with any judgment or decree of a court of competent
jurisdiction, (ii) all existing Events of Default have been cured or waived except nonpayment of
principal of or interest on the Notes that has become due solely by such declaration of
acceleration, (iii) to the extent the payment of such interest is lawful, interest (at the same
rate specified in the Notes) on overdue installments of interest and overdue payments of principal,
which has become due otherwise than by such declaration of acceleration, has been paid, (iv) the
Company has paid the Trustee its reasonable compensation and reimbursed the Trustee for its
expenses, disbursements and advances and (v) in the event of the cure or waiver of a Default or
Event of Default of the type described in clauses (ix) and (x) of Section 6.01 the

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Trustee has
received an Officers’ Certificate and Opinion of Counsel that such Default or Event of Default has
been cured or waived. No such rescission shall affect any subsequent Default or impair any right
consequent thereto.

SECTION 6.03.  Other Remedies.

     If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy
to collect the payment of principal amount, premium on, Additional Interest, if any, and interest
on the Notes or to enforce the performance of any provision of the Notes or this Indenture.

     The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not
produce any of them in the proceeding. A delay or omission by the Trustee or any Holder of a Note
in exercising any right or remedy accruing upon an Event of Default shall not impair the right or
remedy or constitute a waiver of or acquiescence in the Event of Default. All remedies are
cumulative to the extent permitted by law.

SECTION 6.04.  Waiver of Past Defaults.

     Subject to Sections 2.09, 6.07 and 9.02, Holders of not less than a majority in aggregate
principal amount of the then outstanding Notes by notice to the Trustee may on behalf of the
Holders of all of the Notes waive an existing Default or Event of Default and its consequences
hereunder, except a continuing Default or Event of Default in the payment of the principal of,
premium and Additional Interest on, or
interest on the Notes (including in connection with an offer to purchase); provided, however,
that, subject to Section 6.02, the Holders of a majority in aggregate principal amount of the then
outstanding Notes may rescind an acceleration and its consequences, including any related payment
default that resulted from such acceleration. Upon any such waiver, such Default shall cease to
exist, and any Event of Default arising therefrom shall be deemed to have been cured for every
purpose of this Indenture, but no such waiver shall extend to any subsequent or other Default or
impair any right consequent thereon.

SECTION 6.05.  Control by Majority.

     Holders of a majority in principal amount of the then outstanding Notes may direct the time,
method and place of conducting any proceeding for exercising any remedy available to the Trustee or
exercising any trust or power conferred on it. However, the Trustee may refuse to follow any
direction that conflicts with law or this Indenture that the Trustee determines may be unduly
prejudicial to the rights of other Holders of Notes or that may involve the Trustee in personal
liability.

SECTION 6.06.  Limitation on Suits.

     A Holder of a Note may pursue a remedy with respect to this Indenture or the Notes only if:

     (a) the Holder of a Note gives to the Trustee written notice of a continuing Event of
Default;

     (b) the Holders of at least 25% in principal amount of the then outstanding Notes make
a written request to the Trustee to pursue the remedy;

     (c) such Holder of a Note or Holders of Notes offer and, if requested, provide to the
Trustee indemnity satisfactory to the Trustee against any loss, liability or expense;

     (d) the Trustee does not comply with the request within 60 days after receipt of the
request and the offer and, if requested, the provision of indemnity; and

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     (e) during such 60-day period the Holders of a majority in principal amount of the then
outstanding Notes do not give the Trustee a direction inconsistent with the request.

     A Holder of a Note may not use this Indenture to prejudice the rights of another Holder of a
Note or to obtain a preference or priority over another Holder of a Note.

SECTION 6.07.  Rights of Holders of Notes to Receive Payment.

     Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to
receive payment of principal amount, premium and Additional Interest, if any, and interest on the
Note, on or after the respective due dates expressed in the Note (including in connection with an
offer to purchase), or to bring suit for the enforcement of any such payment on or after such
respective dates, shall not be impaired or affected without the consent of such Holder.

SECTION 6.08.  Collection Suit by Trustee.

     If an Event of Default specified in Section 6.01(i) or (ii) occurs and is continuing, the
Trustee is authorized to recover judgment in its own name and as trustee of an express trust
against the Company for the whole amount of principal amount of, premium and Additional Interest,
if any, and interest remaining unpaid on the Notes and interest on overdue principal and, to the
extent lawful, interest and such further amount as shall be sufficient to cover the costs and
expenses of collection, including the reasonable compensation, expenses, disbursements and advances
of the Trustee, its agents and counsel.

SECTION 6.09.  Trustee May File Proofs of Claim.

     The Trustee is authorized to file such proofs of claim and other papers or documents as may be
necessary or advisable in order to have the claims of the Trustee (including any claim for the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and
counsel) and the Holders of the Notes allowed in any judicial proceedings relative to the Company
(or any other obligor upon the Notes), its creditors or its property and shall be entitled and
empowered to collect, receive and distribute any money or other property payable or deliverable on
any such claims and any custodian in any such judicial proceeding is hereby authorized by each
Holder to make such payments to the Trustee, and in the event that the Trustee shall consent to the
making of such payments directly to the Holders, to pay to the Trustee any amount due to it for the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and
counsel, and any other amounts due the Trustee under Section 7.07 hereof. To the extent that the
payment of any such compensation, expenses, disbursements and advances of the Trustee, its agents
and counsel, and any other amounts due the Trustee under Section 7.07 hereof out of the estate in
any such proceeding, shall be denied for any reason, payment of the same shall be secured by a Lien
on, and shall be paid out of, any and all distributions, dividends, money, securities and other
properties that the Holders may be entitled to receive in such proceeding whether in liquidation or
under any plan of reorganization or arrangement or otherwise. Nothing herein contained shall be
deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any
Holder any plan of reorganization, arrangement, adjustment or composition affecting the Notes or
the rights of any Holder, or to authorize the Trustee to vote in respect of the claim of any Holder
in any such proceeding.

SECTION 6.10.  Priorities.

     After an Event of Default, any money or other property distributable in respect of the
Company’s obligations under this Indenture shall be paid in the following order:

     First: to the Trustee (including any predecessor Trustee), its agents and
attorneys for amounts due under Section 7.07 hereof, including payment of all compensation,
expense and

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liabilities incurred, and all advances made, by the Trustee and the costs and
expenses of collection;

     Second: to Holders of Notes for amounts due and unpaid on the Notes for
principal amount, premium and Additional Interest, if any, and interest, ratably, without
preference or priority of any kind, according to the amounts due and payable on the Notes
for principal amount, premium and Additional Interest, if any and interest, respectively;
and

     Third: to the Company or to such party as a court of competent jurisdiction
shall direct in writing.

     The Trustee may fix a record date and payment date for any payment to Holders of Notes
pursuant to this Section 6.10.

SECTION 6.11.  Undertaking for Costs.

     In any suit for the enforcement of any right or remedy under this Indenture or in any suit
against the Trustee for any action taken or omitted by it as a Trustee, a court in its discretion
may require the filing by any party litigant in the suit of an undertaking to pay the costs of the
suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’
fees and expenses, against any party litigant in the suit, having due regard to the merits and good
faith of the claims or defenses made by the party litigant. This Section does not apply to a suit
by the Trustee, a suit by a Holder of a Note pursuant to Section 6.07 hereof, or a suit by Holders
of more than 10% in principal amount of the then outstanding Notes.

ARTICLE 7.

TRUSTEE

SECTION 7.01.  Duties of Trustee.

          (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise such of
the rights and powers vested in it by this Indenture, and use the same degree of care and skill in
its exercise, as a prudent Person would exercise or use under the circumstances in the conduct of
such Person’s own affairs.

          (b) Except during the continuance of an Event of Default:

     (i) the duties of the Trustee shall be determined solely by the express
provisions of this Indenture and the Trustee need perform only those duties that are
specifically set forth in this Indenture and no others, and no implied covenants or
obligations shall be read into this Indenture against the Trustee; and

     (ii) in the absence of bad faith on its part, the Trustee may conclusively
rely, as to the truth of the statements and the correctness of the opinions
expressed therein, upon certificates or opinions furnished to the Trustee and
conforming to the requirements of this Indenture. However, the Trustee shall examine
the certificates and opinions to determine whether or not they conform to the
requirements of this Indenture.

          (c) The Trustee may not be relieved from liabilities for its own negligent action, its own
negligent failure to act, or its own willful misconduct, except that:

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     (i) this paragraph does not limit the effect of paragraph (b) or (d) of this
Section;

     (ii) the Trustee shall not be liable for any error of judgment made in good
faith by a Responsible Officer, unless it is proved that the Trustee was negligent
in ascertaining the pertinent facts; and

     (iii) the Trustee shall not be liable with respect to any action it takes or
omits to take in good faith in accordance with a direction received by it pursuant
to Section 6.05 hereof.

          (d) Whether or not therein expressly so provided, every provision of this Indenture that in
any way relates to the Trustee is subject to paragraphs (a), (b), (c) and (e) of this Section.

          (e) No provision of this Indenture shall require the Trustee to expend or risk its own funds
or incur any liability. The Trustee shall be under no obligation to exercise any of its rights and
powers under this Indenture at the request of any Holders, unless such Holder shall have offered
to the Trustee security and indemnity satisfactory to it against any loss, liability or expense.

          (f) The Trustee shall not be liable for interest on any money received by it except as the
Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be
segregated from other funds except to the extent required by law.

SECTION 7.02.  Rights of Trustee.

          (a) The Trustee may, in the absence of bad faith on its part, conclusively rely upon any
document believed by it to be genuine and to have been signed or presented by the proper Person.
The Trustee need not investigate any fact or matter stated in the document.

          (b) Before the Trustee acts or refrains from acting, it may require an Officers’ Certificate
or an Opinion of Counsel or both. The Trustee shall not be liable for any action it takes or omits
to take in good faith in reliance on such Officers’ Certificate or Opinion of Counsel. The Trustee
may consult with counsel selected by it and the advice of such counsel or any Opinion of Counsel
shall be full and complete authorization and protection from liability in respect of any action
taken, suffered or omitted by it hereunder in good faith and in reliance thereon.

          (c) The Trustee may act through its attorneys and agents and shall not be responsible for the
misconduct or negligence of any agent or attorney appointed with due care.

          (d) The Trustee shall not be liable for any action it takes or omits to take in good faith
that it believes to be authorized or within the rights or powers conferred upon it by this
Indenture.

          (e) Unless otherwise specifically provided in this Indenture, any demand, request, direction
or notice from the Company shall be sufficient if signed by an Officer of the Company.

          (f) The Trustee shall be under no obligation to exercise any of the rights or powers vested
in it by this Indenture at the request or direction of any of the Holders unless such Holders
shall have offered to the Trustee security or indemnity reasonably satisfactory to it against the
costs, expenses and liabilities that might be incurred by it in compliance with such request or
direction.

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          (g) Any request or direction of the Company mentioned herein shall be sufficiently evidenced
by a Company Request or Company Order and any resolution of the Company’s Board of Directors may
be sufficiently evidenced by a Board Resolution.

          (h) The Trustee shall not be bound to make any investigation into the facts or matters stated
in any resolution, certificate, statement, instrument, opinion, report, notice, request,
direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or
document, but the Trustee, in its discretion, may make such further inquiry or investigation into
such facts or matters as it may see fit, and, if the Trustee shall determine to make such further
inquiry or investigation, it shall be entitled to examine, to the extent necessary and consistent
with each inquiry or investigation, the books, records and premises of the Company, personally or
by agent or attorney at the sole cost of the Company and shall incur no liability or additional
liability of any kind by reason of such inquiry or investigation.

          (i) The Trustee shall not be deemed to have notice, nor shall it be charged with knowledge,
of any Default or Event of Default unless a Responsible Officer of the Trustee has actual
knowledge thereof or unless written notice of such Default or Event of Default is received by the
Trustee at the Corporate Trust Office of the Trustee, and such notice references the Notes and
this Indenture.

          (j) The rights, privileges, protections, immunities and benefits given to the Trustee,
including, without limitation, its right to be indemnified, are extended to, and shall be
enforceable by, the Trustee in each of its capacities hereunder, and to each agent, custodian and
other Person employed to act hereunder.

          (k) The Trustee may request that the Company deliver an Officers’ Certificate setting forth
the names of individuals and/or titles or officers authorized at such time to take specified
actions pursuant to this Indenture, which Officers’ Certificate may be signed by any person
authorized to sign an Officers’ Certificate, including any person specified as so authorized in
any such certificate previously delivered and not superseded.

          (l) In no event shall the Trustee be responsible for liable for special, indirect, or
consequential loss or damage of any kind whatsoever (including, but not limited to, loss of
profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or
damage and regardless of the form of action.

          (m) The Trustee shall not be responsible or liable for any failure or delay in the
performance of its obligations under this Indenture arising out of or caused, directly or
indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of
God; earthquakes; fire; flood; terrorism; wars and other military disturbances; sabotage;
epidemics; riots; interruptions; loss or malfunctions of utilities, computer (hardware or
software) or communication services; accidents; labor disputes; acts of civil or military
authority and governmental action.

SECTION 7.03.  Individual Rights of Trustee.

     The Trustee in its individual or any other capacity may become the owner or pledgee of Notes
and may otherwise deal with the Company or any Affiliate of the Company with the same rights it
would have if it were not Trustee. However, in the event that the Trustee acquires any conflicting
interest it must eliminate such conflict within 90 days, apply to the Commission for permission to
continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee
is also subject to Sections 7.10 and 7.11 hereof.

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SECTION 7.04. Trustee’s Disclaimer.

     The Trustee shall not be responsible for and makes no representation as to the validity or
adequacy of this Indenture or the Notes or any security for the payment of the Notes, it shall not
be accountable for the Company’s use of the proceeds from the Notes or any money paid to the
Company or upon the Company’s direction under any provision of this Indenture, it shall not be
responsible for the use or application of any money received by any Paying Agent other than the
Trustee, and it shall not be responsible for any statement or recital herein or any statement in
the Notes or any other document in connection with the sale of the Notes or pursuant to this
Indenture other than its certificate of authentication.

SECTION 7.05. Notice of Defaults.

     If a Default or Event of Default occurs and is continuing and if it is actually known to a
Responsible Officer of the Trustee, the Trustee shall mail to Holders of Notes a notice of the
Default or Event of Default within 90 days after it occurs. Except in the case of a Default or
Event of Default in payment of principal of, premium and Additional Interest, if any, or interest
on any Note, the Trustee may withhold the notice if and so long as a committee of its Responsible
Officers in good faith determines that withholding the notice is in the interests of the Holders of
the Notes.

SECTION 7.06. Reports by Trustee to Holders of the Notes.

     Within 60 days after each May 15 beginning with the May 15 following the Issue Date, and for
so long as Notes remain outstanding, the Trustee shall mail to the Holders of the Notes a brief
report dated as of such reporting date that complies with TIA § 313(a) (but if no event described
in TIA § 313(a) has occurred within the twelve months preceding the reporting date, no report need
be transmitted). The Trustee also shall comply with TIA § 313(b)(2) to the extent applicable. The
Trustee shall also transmit by mail all reports as required by TIA § 313(c).

     A copy of each report at the time of its mailing to the Holders of Notes shall be mailed to
the Company and filed with the Commission and each stock exchange on which the Notes are listed in
accordance with TIA § 313(d). The Company shall promptly notify the Trustee when the Notes are
listed on any stock exchange or any delisting thereof.

SECTION 7.07. Compensation and Indemnity.

     The Company shall pay to the Trustee from time to time reasonable compensation for its
acceptance of this Indenture and services hereunder. The Trustee’s compensation shall not be
limited by any law on compensation of a trustee of an express trust. The Company shall reimburse
the Trustee promptly upon written request for all reasonable disbursements, advances and expenses
incurred or made by it in addition to the compensation for its services. Such expenses shall
include the reasonable compensation, disbursements and expenses of the Trustee’s agents and
counsel.

     The Company shall indemnify the Trustee against any and all losses, liabilities or expenses
incurred by it arising out of or in connection with the acceptance or administration of its duties
under this Indenture, including the costs and expenses of enforcing this Indenture against the
Company (including this Section 7.07) and defending itself against any claim (whether asserted by
the Company or any Holder or any other person) or liability in connection with the exercise or
performance of any of its powers or duties hereunder, except to the extent any such loss, liability
or expense may be attributable to its negligence or bad faith. The Trustee shall notify the Company
promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the
Company shall not relieve the Company of its obligations hereunder. The Company shall defend the
claim and the Trustee shall cooperate in the

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defense. The Trustee may have separate counsel and the
Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for
any settlement made without its consent, which consent shall not be unreasonably withheld.

     The obligations of the Company under this Section 7.07 shall survive the resignation or
removal of the Trustee, the satisfaction and discharge of this Indenture and the termination of
this Indenture.

     To secure the Company’s payment obligations in this Section, the Trustee shall have a Lien
prior to the Notes on all money or property held or collected by the Trustee, except that held in
trust to pay principal and interest on particular Notes. Such Lien shall survive the resignation or
removal of the Trustee, the satisfaction and discharge of this Indenture and the termination of
this Indenture.

     In addition and without prejudice to its rights hereunder, when the Trustee incurs expenses or
renders services after an Event of Default specified in Section 6.01(ix) or (x) hereof occurs, the
expenses and the compensation for the services (including the fees and expenses of its agents and
counsel) are intended to constitute expenses of administration under any Bankruptcy Law.

SECTION 7.08. Replacement of Trustee.

     A resignation or removal of the Trustee and appointment of a successor Trustee shall become
effective only upon the successor Trustee’s acceptance of appointment as provided in this Section.

     The Trustee may resign in writing at any time and be discharged from the trust hereby created
by so notifying the Company. The Holders of Notes of a majority in principal amount of the then
outstanding Notes may remove the Trustee by so notifying the Trustee and the Company in writing.
The Company may remove the Trustee if:

     (a) the Trustee fails to comply with Section 7.10 hereof;

     (b) the Trustee is adjudged a bankrupt or an insolvent or an order for relief is
entered with respect to the Trustee under any Bankruptcy Law;

     (c) a Custodian or public officer takes charge of the Trustee or its property; or

     (d) the Trustee becomes incapable of acting.

     If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any
reason, the Company shall promptly appoint a successor Trustee. Within one year after the successor
Trustee takes office, the Holders of a majority in principal amount of the then outstanding Notes
may appoint a successor Trustee to replace the successor Trustee appointed by the Company.

     If a successor Trustee does not take office within 30 days after the retiring Trustee resigns
or is removed, the retiring Trustee, the Company or the Holders of Notes of at least 10% in
principal amount of the then outstanding Notes may petition any court of competent jurisdiction for
the appointment of a successor Trustee.

     If the Trustee, after written request by any Holder of a Note who has been a Holder of a Note
for at least six months, fails to comply with Section 7.10, such Holder of a Note may petition any
court of competent jurisdiction for the removal of the Trustee and the appointment of a successor
Trustee.

     A successor Trustee shall deliver a written acceptance of its appointment to the retiring
Trustee and to the Company. Thereupon, the resignation or removal of the retiring Trustee shall
become effective,

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and the successor Trustee shall have all the rights, powers and duties of the
Trustee under this Indenture. The successor Trustee shall mail a notice of its succession to
Holders of the Notes. The retiring Trustee shall promptly transfer all property held by it as
Trustee to the successor Trustee; provided all sums owing to the Trustee hereunder have been paid
and subject to the Lien provided for in Section 7.07 hereof. Notwithstanding replacement of the
Trustee pursuant to this Section 7.08, the Company’s obligations under Section 7.07 hereof shall
continue for the benefit of the retiring Trustee.

SECTION 7.09. Successor Trustee by Merger, Etc.

     If the Trustee consolidates, merges or converts into, or transfers all or substantially all of
its corporate trust business to, another Person, the successor Person without any further act shall
be the successor Trustee.

SECTION 7.10. Eligibility; Disqualification.

     There shall at all times be a Trustee hereunder that is a corporation organized and doing
business under the laws of the United States of America or of any state thereof that is authorized
under such laws to exercise corporate trustee power, that is subject to supervision or examination
by federal or state authorities and (i) that has a combined capital and surplus of at least $50
million as set forth in its most recent published annual report of condition, or (ii) that is a
wholly owned subsidiary of a bank or bank holding company which has a consolidated net worth in
excess of $50 million.

     This Indenture shall always have a Trustee who satisfies the requirements of TIA § 310(a)(1),
(2) and (5). The Trustee is subject to TIA § 310(b).

     Nothing herein shall prohibit the Trustee from making the application to the Commission
referred to in the penultimate paragraph of Section 310(b) of the TIA.

SECTION 7.11. Preferential Collection of Claims Against the Company.

     The Trustee is subject to TIA § 311(a), excluding any creditor relationship listed in TIA §
311(b). A Trustee who has resigned or been removed shall be subject to TIA § 311(a) to the extent
indicated therein.

ARTICLE 8.

LEGAL DEFEASANCE AND COVENANT DEFEASANCE

SECTION 8.01. Option to Effect Legal Defeasance or Covenant Defeasance.

     The Company may, at the option of its Board of Directors evidenced by a resolution set forth
in an Officers’ Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof applied
to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight.

SECTION 8.02. Legal Defeasance and Discharge.

     Upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section
8.02, the Company shall, subject to the satisfaction of the conditions set forth in Section 8.04
hereof, the Company shall be deemed to have been discharged from all of its obligations with
respect to all outstanding Notes and this Indenture and the Guarantors shall be deemed to have been
discharged from their obligations with respect to their Subsidiary Guarantees and this Indenture on
the date the conditions

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set forth below are satisfied (hereinafter, “Legal Defeasance”).
For this purpose, Legal Defeasance means that the Company shall be deemed to have paid and
discharged the entire Indebtedness represented by the outstanding Notes, which shall thereafter be
deemed to be “outstanding” only for the purposes of Section 8.05 hereof, and to have satisfied all
its other obligations under such Notes and this Indenture (and the Trustee, on demand of and at the
expense of the Company, shall execute proper instruments acknowledging the same); provided that the
following provisions which shall survive until otherwise terminated or discharged hereunder: (a)
the rights of Holders of outstanding Notes to receive payments in respect of the principal of, or
interest or premium and Additional Interest, if any, on such Notes when such payments are due from
the trust referred to in clause (b); (b) the Company’s obligations with respect to the Notes
concerning issuing temporary Notes, registration of Notes, mutilated, destroyed, lost or stolen
Notes and the maintenance of an office or agency for payment and money for security payments held
in trust; (c) the rights, powers, trusts, duties and immunities of the Trustee, and the Company’s
and the Guarantor’s obligations in connection therewith; and (d) this Article 8. Subject to
compliance with this Article 8, the Company may exercise its option under this Section 8.02
notwithstanding the prior exercise of its option under Section 8.03 hereof.

SECTION 8.03. Covenant Defeasance.

     Upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section
8.03, the Company and the Guarantors shall, subject to the satisfaction of the conditions set forth
in Section 8.04 hereof, be released from their respective obligations under the covenants contained
in Sections 4.03, 4.04, 4.05, 4.07, 4.08, 4.09, 4.10, 4.11, 4.12, 4.13, 4.15, 4.16, 4.17 and
5.01(iv) hereof with respect to the outstanding Notes on and after the date the conditions set
forth in Section 8.04 are satisfied (hereinafter, “Covenant Defeasance”), and the Notes
shall thereafter be deemed not “outstanding” for the purposes of any direction, waiver, consent or
declaration or act of Holders (and the consequences of any thereof) in connection with such
covenants, but shall continue to be deemed “outstanding” for all other purposes hereunder (it being
understood that such Notes shall not be deemed outstanding for accounting purposes). For this
purpose, Covenant Defeasance means that, with respect to the outstanding Notes, the
Company may omit to comply with and shall have no liability in respect of any term, condition
or limitation set forth in any such covenant, whether directly or indirectly, by reason of any
reference elsewhere herein to any such covenant or by reason of any reference in any such covenant
to any other provision herein or in any other document and such omission to comply shall not
constitute a Default or an Event of Default under Section 6.01 hereof, but, except as specified
above, the remainder of this Indenture and such Notes shall be unaffected thereby. In addition,
upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section 8.03
hereof, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, Sections
6.01(iv) through 6.01(vii) hereof shall not constitute Events of Default.

SECTION 8.04. Conditions to Legal or Covenant Defeasance.

     The following shall be the conditions to the application of either Section 8.02 or 8.03 hereof
to the outstanding Notes:

     (a) the Company must irrevocably deposit with the Trustee, in trust, for the benefit of
the Holders, cash in United States dollars, non-callable Government Securities, or a
combination thereof, in such amounts as shall be sufficient, in the opinion of a nationally
recognized firm of independent public accountants (or, if two or more nationally recognized
firms of independent public accountants decline to issue such opinion as a matter of policy
after the Company has made reasonable efforts to obtain such an opinion, in the opinion of
the Company’s chief financial officer), to pay the principal of, and interest, premium and
Additional Interest, if any, on the outstanding Notes on their Stated Maturity or on the
applicable redemption date, as the case

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may be, and the Company must specify whether the
Notes are being defeased to maturity or to a particular redemption date;

     (b) in the case of an election under Section 8.02 hereof, the Company shall have
delivered to the Trustee an Opinion of Counsel in the United States reasonably acceptable to
the Trustee confirming that (A) the Company has received from, or there has been published
by, the Internal Revenue Service a ruling or (B) since the Issue Date, there has been a
change in the applicable federal income tax law, in either case to the effect that, and
based thereon such Opinion of Counsel shall confirm that, the Holders of the outstanding
Notes shall not recognize income, gain or loss for federal income tax purposes as a result
of such Legal Defeasance and shall be subject to federal income tax on the same amounts, in
the same manner and at the same times as would have been the case if such Legal Defeasance
had not occurred;

     (c) in the case of an election under Section 8.03 hereof, the Company shall have
delivered to the Trustee an Opinion of Counsel in the United States reasonably acceptable to
the Trustee confirming that the Holders of the outstanding Notes shall not recognize income,
gain or loss for federal income tax purposes as a result of such Covenant Defeasance and
shall be subject to federal income tax on the same amounts, in the same manner and at the
same times as would have been the case if such Covenant Defeasance had not occurred;

     (d) no Default or Event of Default shall have occurred and be continuing on the date of
such deposit (other than a Default or Event of Default resulting from the incurrence of
Indebtedness all or a portion of the proceeds of which shall be used to defease the Notes
pursuant to this Article Eight concurrently with such incurrence and the granting of Liens
in connection therewith);

     (e) such Legal Defeasance or Covenant Defeasance shall not result in a breach or
violation of, or constitute a default under, any material agreement or instrument (other
than this Indenture) to which the Company or any of its Subsidiaries is a party or by which
the Company or any of its Subsidiaries is bound;

     (f) the Company must have delivered to the Trustee an Opinion of Counsel to the effect
that, subject to customary assumptions and exclusions, assuming that no intervening
bankruptcy of the Company between the date of the deposit and the 91st day following the
deposit will occur and that no Holder of Notes is an insider of the Company under applicable
bankruptcy law, no trust funds will be subject to the effect of any applicable bankruptcy,
insolvency, reorganization or similar laws affecting creditors’ rights generally;

     (g) the Company shall have delivered to the Trustee an Officers’ Certificate stating
that the deposit was not made by the Company with the intent of preferring the Holders over
the other creditors of the Company with the intent of defeating, hindering, delaying or
defrauding creditors of the Company or others; and

     (h) the Company shall have delivered to the Trustee an Officers’ Certificate and an
Opinion of Counsel, each stating that all conditions precedent relating to the Legal
Defeasance or the Covenant Defeasance have been complied with.

			
	SECTION 8.05.	 	Deposited Money and Government Securities to Be Held in Trust; Other Miscellaneous Provisions.

     Subject to Section 8.06 hereof, all money and non-callable Government Securities (including
the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for
purposes of this

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Section 8.05, the “Trustee”) pursuant to Section 8.04 hereof in respect of the
outstanding Notes shall be held in trust and applied by the Trustee, in accordance with the
provisions of such Notes and this Indenture, to the payment, either directly or through any Paying
Agent (including the Company acting as Paying Agent) as the Trustee may determine, to the Holders
of such Notes of all sums due and to become due thereon in respect of principal of or premium, if
any, Additional Interest, if any, or interest, but such money need not be segregated from other
funds except to the extent required by law.

     The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed
on or assessed against the cash or non-callable Government Securities deposited pursuant to Section
8.04 hereof or the principal and interest received in respect thereof other than any such tax, fee
or other charge which by law is for the account of the Holders of the outstanding Notes.

     Anything in this Article 8 to the contrary notwithstanding, the Trustee shall deliver or pay
to the Company from time to time upon the request of the Company any money or non-callable
Government Securities held by it as provided in Section 8.04 hereof which, in the opinion of a
nationally recognized firm of independent public accountants expressed in a written certification
thereof delivered to the Trustee (or, if two or more nationally recognized firms of independent
public accountants decline to issue such opinion as a matter of policy after the Company has made
reasonable efforts to obtain such an opinion, in the opinion of the Company’s chief financial
officer), (which may be the opinion delivered under Section 8.04(a) hereof), are in excess of the
amount thereof that would then be required to be deposited to effect an equivalent Legal Defeasance
or Covenant Defeasance.

SECTION 8.06. Repayment to the Company.

     Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in
trust for the payment of the principal of or premium, if any, Additional Interest, if any, or
interest on the Notes and remaining unclaimed for two years after such principal, and premium, if
any, Additional Interest, if any, or interest has become due and payable shall be paid to the
Company on its request or (if then held by the Company) shall be discharged from such trust; and
the Holder of such Note shall thereafter, as a creditor, look only to the Company for payment
thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money,
and all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that
the Trustee or such Paying Agent, before being required to make any such repayment, may at the
expense of the Company cause to be published once, in The New York Times and The Wall Street
Journal (national edition), notice that such money remains unclaimed and that, after a date
specified therein, which shall not be less than 30 days from the date of such notification or
publication, any unclaimed balance of such money then remaining shall be repaid to the Company.

SECTION 8.07. Reinstatement.

     If the Trustee or Paying Agent is unable to apply any United States dollars or non-callable
Government Securities in accordance with Section 8.02 or 8.03 hereof, as the case may be, by reason
of any order or judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, then the Company’s obligations under this Indenture and the Notes and
any Guarantor’s obligations under this Indenture and its Subsidiary Guarantee shall be revived and
reinstated as though no deposit had occurred pursuant to Section 8.02 or 8.03 hereof until such
time as the Trustee or Paying Agent is permitted to apply all such money in accordance with Section
8.02 or 8.03 hereof, as the case may be; provided, however, that, if the Company has made any
payment of principal of, premium, if any, Additional Interest, if any, or interest on any Note
following the reinstatement of its obligations, the Company shall be subrogated to the rights of
the Holders of such Notes to receive such payment from the money held by the Trustee or Paying
Agent.

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ARTICLE 9.

AMENDMENT, SUPPLEMENT AND WAIVER

SECTION 9.01. Without Consent of Holders of Notes.

     Notwithstanding Section 9.02 of this Indenture, the Company, the Guarantors and the Trustee
may amend or supplement this Indenture, the Notes or the Subsidiary Guarantees without the consent
of any Holder of a Note:

     (a) to cure any ambiguity, defect or inconsistency;

     (b) to provide for uncertificated Notes in addition to or in place of certificated
Notes (provided that the uncertificated Notes are issued in registered form for purposes of
Section 163(f) of the Code, or in a manner such that the uncertificated Notes are described
in Section 163(f)(2)(B) of the Code);

     (c) to provide for the assumption of the Company’s or a Guarantor’s obligations to the
Holders of the Notes in the case of a merger or consolidation or sale of all or
substantially all of the Company’s assets or a Guarantor;

     (d) to make any change that would provide any additional rights or benefits to the
Holders of the Notes or that does not adversely affect the legal rights hereunder of any
Holder;

     (e) to provide for the issuance of Additional Notes in accordance with the provisions
set forth in this Indenture;

     (f) to add Subsidiary Guarantees with respect to the Notes or to secure the Notes or
the Subsidiary Guarantees;

     (g) to comply with the requirements of the Commission in order to effect or maintain
the qualification of this Indenture under the TIA;

     (h) to evidence and provide for the acceptance and appointment under this Indenture of
a successor trustee thereunder pursuant to the requirements herein; or

     (i) to conform the text of the Notes, the Subsidiary Guarantees or this Indenture to
any provision of the “Description of Notes” section contained in the Offering Memorandum to
the extent that such provision in such “Description of Notes” section was intended to be a
verbatim recitation of a provision of the Notes, the Subsidiary Guarantees or this
Indenture.

     Subject to Section 9.06, upon the request of the Company accompanied by a resolution of its
Board of Directors authorizing the execution of any such amended or supplemental Indenture, and
upon receipt by the Trustee of the documents described in Section 7.02 hereof, the Trustee shall
join with the Company and the Guarantors in the execution of any amended or supplemental Indenture
authorized or permitted by the terms of this Indenture and to make any further appropriate
agreements and stipulations that may be therein contained, but the Trustee shall not be obligated
to enter into such amended or supplemental Indenture that affects its own rights, duties or
immunities under this Indenture or otherwise.

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SECTION 9.02. With Consent of Holders of Notes.

     Except as provided below in this Section 9.02, the Company and the Trustee may amend or
supplement this Indenture (including Sections 4.10 and 4.15 hereto), the Notes and the Subsidiary
Guarantees 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, without limitation, consents obtained in
connection with a tender offer or exchange offer for, or purchase of, the Notes), and, subject to
Sections 6.04 and 6.07 hereof, any existing Default or Event of Default (other than a Default or
Event of Default in the payment of the principal of or premium, if any, Additional Interest, if
any, or interest on the Notes, except a payment default resulting from an acceleration that has
been rescinded) or compliance with any provision of this Indenture, the Notes or the Subsidiary
Guarantees may be waived with the consent of the Holders of a majority in principal amount of the
then outstanding Notes voting as a single class (including, without limitation, consents obtained
in connection with a tender offer or exchange offer for, or purchase of, the Notes). Section 2.08
hereof shall determine which Notes are considered to be “outstanding” for purposes of this Section
9.02.

     Subject to Section 9.06, upon the request of the Company accompanied by a resolution of the
Board of Directors of the Company authorizing the execution of any such amended or supplemental
Indenture, and upon the filing with the Trustee of evidence satisfactory to the Trustee of the
consent of the Holders of Notes as aforesaid, and upon receipt by the Trustee of the documents
described in Section 7.02 hereof, the Trustee shall join with the Company and the Guarantors in the
execution of such amended or supplemental Indenture unless such amended or supplemental Indenture
directly affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise,
in which case the Trustee may in its discretion, but shall not be obligated to, enter into such
amended or supplemental Indenture.

     It shall not be necessary for the consent of the Holders of Notes under this Section 9.02 to
approve the particular form of any proposed amendment or waiver, but it shall be sufficient if such
consent approves the substance thereof.

     However, without the consent of each Holder affected, an amendment or waiver under this
Section 9.02 may not (with respect to any Notes held by a nonconsenting Holder):

     (a) reduce the principal amount of Notes whose Holders must consent to an amendment,
supplement or waiver;

     (b) reduce the principal of or change the fixed maturity of any Note or alter the
provisions with respect to the redemption of the Notes (other than provisions relating to
Sections 4.10 and 4.15 hereof);

     (c) reduce the rate of or change the time for payment of interest on any Note;

     (d) waive a Default or Event of Default in the payment of principal of, or interest or
premium, or Additional Interest, if any, on the Notes (except a rescission of acceleration
of the Notes by the Holders of at least a majority in aggregate principal amount of the
Notes and a waiver of the payment default that resulted from such acceleration);

     (e) make any Note payable in currency other than that stated in the Notes;

     (f) make any change in the provisions of this Indenture relating to waivers of past
Defaults or the rights of Holders of Notes to receive payments of principal of, or interest
or premium or Additional Interest, if any, on the Notes;

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     (g) waive a redemption payment with respect to any Note (other than a payment required
by Sections 4.10 or 4.15 hereof);

     (h) impair the right of any Holder to receive payment of principal of, or interest on
such Holder’s Notes on or after the due dates therefor or to institute suit for the
enforcement of any payment on or with respect to such Holder’s Notes;

     (i) release any Guarantor from any of its Obligations under its Subsidiary Guarantee or
this Indenture, except in accordance with the terms of this Indenture; or

     (j) make any change in the foregoing amendment and waiver provisions.

SECTION 9.03. Compliance with Trust Indenture Act.

     Every amendment or supplement to this Indenture or the Notes shall be set forth in a amended
or supplemental Indenture that complies with the TIA as then in effect.

SECTION 9.04. Revocation and Effect of Consents.

     Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder of a
Note is a continuing consent by the Holder of a Note and every subsequent Holder of a Note or
portion of a Note that evidences the same debt as the consenting Holder’s Note, even if notation of
the consent is not made on any Note. However, any such Holder of a Note or subsequent Holder of a
Note may revoke the consent as to its Note if the Trustee receives written notice of revocation
before the date the waiver, supplement or amendment becomes effective. An amendment, supplement or
waiver becomes effective in accordance with its terms and thereafter binds every Holder.

SECTION 9.05. Notice of Amendment; Notation on or Exchange of Notes.

     After any amendment under this Article becomes effective, the Company shall mail to Holders of
Notes a notice briefly describing such amendment. The failure to give such notice to all Holders
of Notes, or any defect therein, shall not impair or affect the validity of an amendment under this
Article.

     The Trustee may place an appropriate notation about an amendment, supplement or waiver on any
Note thereafter authenticated. The Company in exchange for all Notes may issue and the Trustee
shall, upon receipt of an Authentication Order, authenticate new Notes that reflect the amendment,
supplement or waiver.

     Failure to make the appropriate notation or issue a new Note shall not affect the validity and
effect of such amendment, supplement or waiver.

SECTION 9.06. Trustee to Sign Amendments, Etc.

     The Trustee shall sign any amended or supplemental Indenture authorized pursuant to this
Article 9 if the amendment or supplement, in the sole discretion of the Trustee, does not adversely
affect the rights, duties, liabilities or immunities of the Trustee. The Company may not sign an
amendment or supplemental Indenture until its Board of Directors approves it. In executing any
amended or supplemental indenture, the Trustee shall be entitled to receive and (subject to Section
7.01 hereof) shall be fully protected in relying upon, in addition to the documents required by
Section 12.04 hereof, an Officers’ Certificate and an Opinion of Counsel stating that the execution
of such amended or supplemental indenture is authorized or permitted by this Indenture.

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ARTICLE 10.

SATISFACTION AND DISCHARGE

SECTION 10.01. Satisfaction and Discharge

     This Indenture shall be discharged and shall cease to be of further effect, except as to
surviving rights of registration of transfer or exchange of the Notes, as to all Notes issued
hereunder, when:

     (a) either:

     (i) all Notes that have been authenticated, except lost, stolen or destroyed Notes that
have been replaced or paid and Notes for whose payment money has previously been deposited
in trust and thereafter repaid to the Company, have been delivered to the Trustee for
cancellation; or

     (ii) all Notes that have not been delivered to the Trustee for cancellation have become
due and payable by reason of the mailing of a notice of redemption or otherwise or will
become due and payable within one year or are to be called for redemption within one year
and the Company or any Guarantor has irrevocably deposited or caused to be deposited with
the Trustee as trust funds in trust solely for the benefit of the Holders, cash in U.S.
dollars, non-callable Government Securities, or a combination of cash in U.S. dollars and
noncallable Government Securities, in amounts as will be sufficient in the opinion of a
nationally recognized firm of independent public accountants (or, if two or more nationally
recognized firms of independent public accountants decline to issue such opinion as a matter
of policy after the Company has made reasonable efforts to obtain such an opinion, in the
opinion of the Company’s chief financial officer), without consideration of any reinvestment
of interest, to pay and discharge the entire Indebtedness on the Notes not delivered to the
Trustee for cancellation for principal, premium and Additional Interest, if any, and accrued
interest to the date of maturity or redemption;

     (b) no Default or Event of Default has occurred and is continuing on the date of the deposit
or shall occur as a result of the deposit and the deposit shall not result in a breach or violation
of, or constitute a default under, any other instrument to which the Company or any Guarantor is a
party or by which the Company or any Guarantor is bound;

     (c) the Company or any Guarantor has paid or caused to be paid all other sums payable by it
under this Indenture; and

     (d) the Company has delivered irrevocable instructions to the Trustee under this Indenture to
apply the deposited money toward the payment of the Notes at their Stated Maturity or the
redemption date, as the case may be.

In addition, the Company must deliver an Officers’ Certificate and an Opinion of Counsel to the
Trustee each stating that all conditions precedent to the satisfaction and discharge have been
satisfied.

SECTION 10.02. Deposited Cash and Government Securities.

     Subject to Section 10.03 hereof, all cash and non-callable Government Securities (including
the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for
purposes of this Section 10.02, the “Trustee”) pursuant to Section 10.01 hereof in respect of the
outstanding Notes shall be held in trust and applied by the Trustee, in accordance with the
provisions of such Notes and this

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Indenture, to the payment, either directly or through any Paying
Agent (including the Company acting as Paying Agent) as the Trustee may determine, to the Holders
of such Notes of all sums due and to become due thereon in respect of principal, premium, if any,
and interest and Additional Interest, if any, but such cash and securities need not be segregated
from other funds except to the extent required by law.

SECTION 10.03. Repayment to Company.

     Any cash or non-callable Government Securities deposited with the Trustee or any Paying Agent,
or then held by the Company, in trust for the payment of the principal of, premium, if any, or
interest or Additional Interest, if any, on, any Note and remaining unclaimed for two years after
such principal, and premium, if any, or interest or Additional Interest, if any, has become due and
payable shall be paid to the Company on its request or (if then held by the Company) shall be
discharged from such trust; and the Holder shall thereafter, as an unsecured creditor, look only to
the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect
to such cash and securities, and all liability of the Company as trustee thereof, shall thereupon
cease; provided, however, that the Trustee or such Paying Agent, before being required to make any
such repayment, may at the expense of the Company cause to be published once, in The New York Times
and The Wall Street Journal (national edition), notice that such cash and securities remains
unclaimed and that, after a date specified therein, which shall not be less than 30 days from the
date of such notification or publication, any unclaimed balance of such cash and securities then
remaining shall be repaid to the Company.

SECTION 10.04. Reinstatement.

     If the Trustee or Paying Agent is unable to apply any United States dollars or non-callable
Government Securities in accordance with Sections 10.01 and 10.02, as the case may be, by reason of
any order or judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, then the Company’s obligations under this Indenture and the Notes and
any Guarantor’s obligations under this Indenture and its Subsidiary Guarantee shall be revived and
reinstated as though no deposit had occurred pursuant to Sections 10.01 and 10.02 hereof until such
time as the Trustee or Paying Agent is permitted to apply all such money in accordance with
Sections 10.01 and 10.02 hereof, as the case may be; provided, however, that, if the Company makes
any payment of principal of, premium on, if any, or interest or Additional Interest, if any, on any
Note following the reinstatement of its obligations, the Company shall be subrogated to the rights
of the Holders of such Notes to receive such payment from the money held by the Trustee or Paying
Agent.

ARTICLE 11.

SUBSIDIARY GUARANTEES

SECTION 11.01. Guarantee.

          Subject to this Article 11, each of the Guarantors hereby, jointly and severally,
unconditionally and irrevocably guarantees, as a primary obligor and not merely as a surety, to
each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its
successors and assigns, irrespective of the validity and enforceability of this Indenture, the
Notes or the obligations of the Company hereunder or thereunder, that: (a) the principal of,
premium, if any, interest and Additional Interest, if any, on the Notes will be promptly paid in
full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the
overdue principal of, premium, and interest on the Notes, if any, if lawful, and all other
obligations of the Company to the Holders or the Trustee hereunder or thereunder will be promptly
paid in full or performed, all in accordance with the terms hereof and thereof; and (b) in case of
any extension of time of payment or renewal of any Notes or any of such other

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obligations, that
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. Failing payment
when due of any amount so guaranteed or any performance so guaranteed for whatever reason, the
Guarantors shall be jointly and severally obligated to pay the same immediately. Each Guarantor
agrees that this Subsidiary Guarantee is a general unsecured obligation of such Guarantor and it is a
guarantee of payment and not a guarantee of collection.

          The Guarantors hereby agree that their obligations hereunder shall be unconditional,
irrespective of the validity, regularity or enforceability of the Notes or this Indenture, the
absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with
respect to any provisions hereof or thereof, the recovery of any judgment against the Company, any
action to enforce the same or any other circumstance which might otherwise constitute a legal or
equitable discharge or defense of a guarantor. Each Guarantor hereby waives diligence,
presentment, demand of payment, filing of claims with a court in the event of insolvency or
bankruptcy of the Company, any right to require a proceeding first against the Company, protest,
notice and all demands whatsoever and covenants that this Subsidiary Guarantee shall not be
discharged except by complete performance of the obligations contained in the Notes and this
Indenture. Each Guarantor hereby expressly waives all statutory suretyship defenses that it may
waive under applicable law, including, without limitation, California Civil Code Section 2856.

          Each Guarantor also agrees to pay, in addition to the amount stated above, any and all costs
and expenses (including reasonable attorneys’ fees and expenses) incurred by the Trustee or any
Holder in enforcing any rights under this Section 11.01.

          If any Holder or the Trustee is required by any court or otherwise to return to the Company,
the Guarantors or any custodian, trustee, liquidator or other similar official acting in relation
to either the Company or the Guarantors, any amount paid by the Company or a Guarantor either to
the Trustee or such Holder, this Subsidiary Guarantee, to the extent theretofore discharged, shall
be reinstated in full force and effect.

          Each Guarantor agrees that it shall not be entitled to any right of subrogation in relation to
the Holders in respect of any obligations guaranteed hereby until payment in full of all
obligations guaranteed hereby. Each Guarantor further agrees that, as between the Guarantors, on
the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the
obligations guaranteed hereby may be accelerated as provided in Article 6 hereof for the purposes
of this Subsidiary Guarantee, notwithstanding any stay, injunction or other prohibition preventing
such acceleration in respect of the obligations guaranteed hereby, and (y) in the event of any
declaration of acceleration of such obligations as provided in Article 6 hereof, such obligations
(whether or not due and payable) shall forthwith become due and payable by the Guarantors for the
purpose of this Subsidiary Guarantee. The Guarantors shall have the right to seek contribution
from any non-paying Guarantor so long as the exercise of such right does not impair the rights of
the Holders under this Subsidiary Guarantee.

          Each Subsidiary Guarantee shall remain in full force and effect and continue to be effective
should any petition be filed by or against the Company or any Guarantor for liquidation or
reorganization, should the Company or any Guarantor become insolvent or make an assignment for the
benefit of creditors or should a receiver or trustee be appointed for all or any significant part
of the Company’s or any other Guarantor’s assets, and shall, to the fullest extent permitted by
law, continue to be effective or be reinstated, as the case may be, if at any time payment and
performance of the Notes are, pursuant to applicable law, rescinded or reduced in amount, or must
otherwise be restored or returned by any obligee on the Notes or Subsidiary Guarantees, whether as
a “voidable preference,” “fraudulent transfer” or otherwise, all as though such payment or
performance had not been made. In the event that any payment or any part thereof, is rescinded,
reduced, restored or returned, the Notes shall, to the fullest

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extent permitted by law, be
reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or
returned.

          In case any provision of any Subsidiary Guarantee shall be invalid, illegal or unenforceable,
the validity, legality and enforceability of the remaining provisions shall not in any way be
affected or impaired thereby.

          The Subsidiary Guarantee issued by any Guarantor shall be a general unsecured senior
obligation of such Guarantor and shall be pari passu in right of payment with all existing and
future Senior Debt of such Guarantor, if any.

          Each payment to be made by a Guarantor in respect of its Subsidiary Guarantee shall be made
without set-off, counterclaim, reduction or diminution of any kind or nature.

SECTION 11.02. Limitation on Guarantor Liability.

          Each Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the
intention of all such parties that the Subsidiary Guarantee of such Guarantor not constitute a
fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance
Act, the Uniform Fraudulent Transfer Act or any similar federal or state law to the extent
applicable to any Subsidiary Guarantee. To effectuate the foregoing intention, the Trustee, the
Holders and the Guarantors hereby irrevocably agree that the obligations of such Guarantor will be
limited to such maximum amount as will, after giving effect to such maximum amount and all other
contingent and fixed liabilities of such Guarantor that are relevant under such laws, and after
giving effect to any collections from, rights to receive contribution from or payments made by or
on behalf of any other Guarantor in respect of the obligations of such other Guarantor under this
Article 11, result in the obligations of such Guarantor under its Subsidiary Guarantee not
constituting a fraudulent transfer or conveyance.

SECTION 11.03. Execution and Delivery.

          To evidence its Subsidiary Guarantee set forth in Section 11.01 hereof, each Guarantor hereby
agrees that this Indenture shall be executed on behalf of such Guarantor by an Officer of such
Guarantor.

          Each Guarantor hereby agrees that its Guarantee set forth in Section 11.01 hereof shall remain
in full force and effect notwithstanding the absence of the endorsement of any notation of such
Guarantee on the Notes.

          If an Officer whose signature is on this Indenture no longer holds that office at the time the
Trustee authenticates the Note, the Guarantee shall be valid nevertheless.

          The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall
constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the
Guarantors.

          If required by Section 4.16 hereof, the Company shall cause any newly created or acquired
Restricted Subsidiary to comply with the provisions of Section 4.16 hereof and this Article 11, to
the extent applicable.

SECTION 11.04. Successors and Assigns.

          This Article 11 shall inure to the benefit of the successors and assigns of the Trustee and
the Holders and, in the event of any transfer or assignment of rights by any Holder or the Trustee,
the

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rights and privileges conferred upon that party in this Indenture and in the Notes shall
automatically extend to and be vested in such transferee or assignee, all subject to the terms and
conditions of this Indenture.

SECTION 11.05. No Waiver.

          Neither a failure nor a delay on the part of either the Trustee or the Holders in exercising
any right, power or privilege under this Article 11 shall operate as a waiver thereof, nor shall a
single or partial exercise thereof preclude any other or further exercise of any right, power or
privilege. The rights, remedies and benefits of the Trustee and the Holders herein expressly
specified are cumulative and not exclusive of any other rights, remedies or benefits which either
may have under this Article 11 at law, in equity, by statute or otherwise.

SECTION 11.06. Right of Contribution.

          Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its
proportionate share of any payment made hereunder, such Guarantor shall be entitled to seek and
receive contribution from and against any other Guarantor hereunder who has not paid its
proportionate share of such payment. Each Guarantor’s right of contribution shall be subject to the
terms and conditions of Section 11.07. The provisions of this Section shall in no respect limit the
obligations and liabilities of any Guarantor to the Trustee and the Holders and each Guarantor
shall remain liable to the Trustee and the Holders for the full amount guaranteed by such Guarantor
hereunder.

SECTION 11.07. No Subrogation.

          Notwithstanding any payment or payments made by any of the Guarantors hereunder, no Guarantor
shall be entitled to be subrogated to any of the rights of the Trustee or any Holder against the
Company or any other Guarantor or any collateral security or Guarantee or right of offset held by
the Trustee or any Holder for the payment of the Obligations under this Indenture, nor shall any
Guarantor seek or be entitled to seek any contribution or reimbursement from the Company or any
other Guarantor in respect of payments made by such Guarantor hereunder, until all amounts owing to
the Trustee and the Holders by the Company on account of the Obligations under this Indenture are
paid in full. If any amount shall be paid to any Guarantor on account of such subrogation rights at
any time when all of the Obligations under this Indenture shall not have been paid in full, such
amount shall be held by such Guarantor in trust for the Trustee and the Holders, segregated from
other funds of such Guarantor, and shall, forthwith upon receipt by such Guarantor, be turned over
to the Trustee in the exact form received by such Guarantor (duly indorsed by such Guarantor to the
Trustee, if required), to be applied against the Obligations under this Indenture.

SECTION 11.08. Guarantors May Consolidate, Etc., on Certain Terms.

          A Guarantor may not sell or otherwise dispose of all or substantially all of its assets to, or
consolidate with or merge with or into (whether or not such Guarantor is the surviving Person)
another Person, other than the Company or another Guarantor, unless:

(1) immediately after giving effect to the transaction, no Default or Event of
Default exists; and

(2) either:

(a) the Person acquiring the property in any such sale or disposition or the
Person formed by or surviving any such consolidation or merger expressly
assumes all

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the obligations of that Guarantor under this Indenture
(including its Subsidiary Guarantee) and the Registration Rights Agreement
pursuant to a supplemental indenture executed and delivered to the Trustee
in form reasonably satisfactory to the Trustee; or

(b) such sale or other disposition complies with Section 4.10 hereof,
including the application of the Net Proceeds therefrom in accordance with
Section 4.10 hereof.

          In case of any such consolidation, merger, sale or other disposition and upon the assumption
by the successor Person, by supplemental indenture, executed and delivered to the Trustee, of the
Subsidiary Guarantee and the due and punctual performance of all of the covenants and conditions of
this Indenture to be performed by the Guarantor, such successor Person shall succeed to and be
substituted for the Guarantor with the same effect as if it had been named herein as a Guarantor.
All the Subsidiary Guarantees so issued shall in all respects have the same legal rank and benefit
under this Indenture as the Subsidiary Guarantees theretofore and thereafter issued in accordance
with the terms of this Indenture as though all of such Subsidiary Guarantees had been issued at the
date of the execution hereof.

          Except as set forth in Articles 4 and 5 hereof, and notwithstanding clauses (a) and (b) above,
nothing contained in this Indenture or in any of the Notes shall prevent any consolidation or
merger of a Guarantor with or into the Company or another Guarantor, or shall prevent any sale or
conveyance of the property of a Guarantor as an entirety or substantially as an entirety to the
Company or another Guarantor.

SECTION 11.09. Releases of Subsidiary Guarantee.

          The Subsidiary Guarantee of a Guarantor will be released and the Guarantor will be relieved of
any obligations under the Notes, this Indenture and the Registration Rights Agreement:

          (a) in connection with any sale or other disposition of all or substantially all of the assets
of that Guarantor (including by way of merger or consolidation) to a Person that is not (either
before or after giving effect to such transaction) a Subsidiary of the Company, if the sale or
other disposition complies with Section 4.10 and Section 11.08;

          (b) in connection with any sale, exchange or transfer of the Capital Stock of a Guarantor,
after which such Guarantor is no longer a Subsidiary of the Company to a Person that is not (either
before or after giving effect to such transaction) a Subsidiary of the Company, if the sale,
exchange or transfer complies with Section 4.10 and Section 11.08;

          (c) if the Company designates any Restricted Subsidiary that is a Guarantor as an Unrestricted
Subsidiary in accordance with Section 4.17;

          (d) upon the discharge of the Notes in accordance with Section 8.02; or

          (e) upon the release, termination or satisfaction of the Guarantor’s guarantee or assumption
of certain other Indebtedness in accordance with Section 4.16.

          Upon delivery by the Company to the Trustee of an Officers’ Certificate and an Opinion of
Counsel together to the effect that all conditions precedent set forth in this Section 11.09 to the
release of the Subsidiary Guarantee of a Guarantor have been satisfied, to the extent such
conditions can be satisfied as of such date, the Trustee shall execute any documents reasonably
required in order to

-96-

 

evidence the release of any Guarantor from its obligations under its
Subsidiary Guarantee to be effective upon the satisfaction of all such conditions precedent.

          Any Guarantor not released from its obligations under its Subsidiary Guarantee shall remain
liable for the full amount of principal of and interest on the Notes and for the other obligations
of any Guarantor under this Indenture as provided in this Article 11.

ARTICLE 12.

MISCELLANEOUS

SECTION 12.01. Trust Indenture Act Controls.

     If any provision of this Indenture limits, qualifies or conflicts with the duties imposed by
TIA § 318(c), the imposed duties shall control.

SECTION 12.02. Notices

     Any notice or communication by the Company, any Guarantor or the Trustee shall be in writing
(which may be a facsimile, receipt confirmed) and delivered in person or mailed by first class mail
addressed as follows:

If to the Company:

Cinemark USA, Inc.

3900 Dallas Parkway

Suite 500

Plano, Texas 75093

Telephone No.: (972) 665-1000

Facsimile No.: (972) 665-1004

Attention: Chief Financial Officer

With a copy to:

Akin, Gump, Strauss, Hauer & Feld, L.L.P.

1700 Pacific Avenue

Suite 4100

Dallas, Texas 75201

Phone No.: (214) 969-2800

Telecopier No.: (214) 969-4343

Attention: Terry M. Schpok, P.C.

If to any Guarantor:

c/o the Company, at the address noted above, with a copy as noted.

If to the Trustee:

Wells Fargo Bank, N.A.

1445 Ross Ave, 2nd Floor

MAC: T5303-022

-97-

 

Dallas, Texas 75202

Attention: Corporate Trust Services

Re: Cinemark USA, Inc.

     The Company, the Guarantors or the Trustee, by notice to the other may designate additional or
different addresses for subsequent notices or communications.

     All notices and communications (other than those sent to Holders) shall be in writing and
shall be deemed to have been duly given when received.

     Any notice or communication to a Holder shall be mailed by first class mail to its address
shown on the register kept by the Registrar. Any notice or communication shall also be so mailed to
any Person described in TIA § 313(c), to the extent required by the TIA. Failure to mail a notice
or communication to a Holder or any defect in it shall not affect its sufficiency with respect to
other Holders.

     If the Company mails a notice or communication to Holders, it shall mail a copy to the Trustee
and each Agent at the same time.

SECTION 12.03. Communication by Holders of Notes with Other Holders of Notes.

     Holders may communicate pursuant to TIA § 312(b) with other Holders with respect to their
rights under this Indenture or the Notes. The Company, the Trustee, the Registrar and anyone else
shall have the protection of TIA § 312(c).

SECTION 12.04. Certificate and Opinion as to Conditions Precedent.

     Upon any request or application by the Company to the Trustee to take any action under this
Indenture, the Company shall furnish to the Trustee:

     (a) an Officers’ Certificate (which shall include the statements set forth in Section
12.05 hereof) stating that, in the opinion of the signers, all conditions precedent
(including any covenants compliance with which constitutes a condition precedent) provided
for in this Indenture relating to the proposed action have been satisfied;

     (b) an Opinion of Counsel (which shall include the statements set forth in Section
12.05 hereof) stating that, in the opinion of such counsel, all such conditions precedent
(including any covenants compliance with which constitutes a condition precedent) have been
satisfied.

     In any case where several matters are required to be certified by, or covered by an opinion
of, any specified Person, it is not necessary that all such matters be certified by, or covered by
the opinion of, only one such Person, or that they be so certified or covered by only one document,
but one such Person may certify or give an opinion with respect to some matters and one or more
other such eligible and qualified Persons as to other matters, and any such Person may certify or
given an opinion as to such matters in one or several documents;

     Any certificate or opinion of an Officer of the Company may be based, insofar as it related to
legal matters, upon a certificate or opinion of, or representations by, counsel, unless such
Officer knows, or in the exercise of reasonable care should know, that the certificate or opinion
or representations with
respect to the matters upon which his certificate or opinion is based are erroneous. Any
certificate or opinion of counsel may be based, insofar as it relates to factual matters, upon a
certificate or opinion of, or representations by, an officer or officers of the Company stating the
information on which counsel is

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relying unless such counsel knows, or in the exercise of reasonable
care should know, that the certificate or opinion or representations with respect to such matters
are erroneous; and

     Where any Person is required to make, give or execute two or more applications, requests,
consents, certificates, statements, opinions or other instruments under this Indenture, they may,
but need not, be consolidated and form one instrument.

SECTION 12.05. Statements Required in Certificate or Opinion.

     Each certificate or opinion with respect to compliance with a condition or covenant provided
for in this Indenture (other than a certificate provided pursuant to TIA § 314(a)(4)) shall comply
with the provisions of TIA § 314(e) and shall include:

     (a) a statement that the person(s) making such certificate or opinion has read such
covenant or condition;

     (b) a brief statement as to the nature and scope of the examination or investigation
upon which the statements or opinions contained in such certificate or opinion are based;

     (c) a statement that, in the opinion of such person, he or she has or they have made
such examination or investigation as is necessary to enable such person or persons to
express an informed opinion as to whether or not such covenant or condition has been
satisfied; and

     (d) a statement as to whether or not, in the opinion of such persons, such condition or
covenant has been satisfied.

SECTION 12.06. Rules by Trustee and Agents.

     The Trustee may make reasonable rules for action by or at a meeting of Holders. The Registrar
or Paying Agent may make reasonable rules and set reasonable requirements for its functions.

SECTION 12.07. No Personal Liability of Directors, Officers, Employees and Stockholders.

     No director, officer, employee, incorporator or stockholder of the Company or any Guarantor,
as such, shall have any liability for any obligations of the Company or any Guarantor under the
Notes, this Indenture, any Subsidiary Guarantees or the Registration Rights Agreement or for any
claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of
Notes by accepting a Note waives and releases all such liability. The waiver and release are part
of the consideration for issuance of the Notes.

SECTION 12.08. Governing Law.

     THIS INDENTURE, THE NOTES AND THE SUBSIDIARY GUARANTEES SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

SECTION 12.09. No Adverse Interpretation of Other Agreements.

     This Indenture may not be used to interpret any other indenture, loan or debt agreement of the
Company or its Subsidiaries or of any other Person. Any such indenture, loan or debt agreement may
not be used to interpret this Indenture.

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SECTION 12.10. Successors.

     All agreements of the Company in this Indenture and the Notes and the Guarantors in this
Indenture shall bind their successors. All agreements of the Trustee in this Indenture shall bind
its successors.

SECTION 12.11. Severability.

     In case any provision in this Indenture or in the Notes shall be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions shall not in
any way be affected or impaired thereby to the extent permitted by applicable law.

SECTION 12.12. Counterpart Originals.

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

SECTION 12.13. Table of Contents, Headings, Etc.

     The Table of Contents, Cross-Reference Table and Headings of the Articles and Sections of this
Indenture have been inserted for convenience of reference only, are not to be considered a part of
this Indenture and shall in no way modify or restrict any of the terms or provisions hereof.

[Signatures on following pages]

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IN WITNESS WHEREOF, the parties hereto have executed this Indenture as of the date first
written above.

	 	 	 
	 

	 	CINEMARK USA, INC.
	 

	 	CINEMARK, L.L.C.
	 

	 	SUNNYMEAD CINEMA CORP.
	 

	 	CINEMARK PROPERTIES, INC.
	 

	 	GREELEY HOLDINGS, INC.
	 

	 	TRANS TEXAS CINEMA, INC.
	 

	 	CINEMARK MEXICO (USA), INC.
	 

	 	CINEMARK LEASING COMPANY
	 

	 	CINEMARK PARTNERS I, INC.
	 

	 	MULTIPLEX SERVICES, INC.
	 

	 	CNMK TEXAS PROPERTIES, LLC
	 

	 	BRASIL HOLDINGS, LLC
	 

	 	CINEMARK CONCESSIONS, LLC
	 

	 	CENTURY THEATRES, INC.
	 

	 	MARIN THEATRE MANAGEMENT, LLC
	 

	 	CENTURY THEATRES NG, LLC
	 

	 	CINEARTS, LLC
	 

	 	CINEARTS SACRAMENTO, LLC
	 

	 	CORTE MADERA THEATRES, LLC
	 

	 	NOVATO THEATRES, LLC
	 

	 	SAN RAFAEL THEATRES, LLC
	 

	 	NORTHBAY THEATRES, LLC
	 

	 	CENTURY THEATRES SUMMIT SIERRA, LLC
	 

	 	CENTURY THEATRES SEATTLE, LLC
	 

	 	CNMK INVESTMENTS, INC.

	 	 	 	 	 	 	 
	 

	 	By:

Name:

Title:
	 	/s/ Michael D. Cavalier
 

Michael D. Cavalier 

Senior Vice President-General Counsel
	 	 
	 
	 	 	 	 	 	 
	 	 	MULTIPLEX PROPERTIES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Vatoni Ragdale
 

Vatoni Ragsdale
	 	 
	 

	 	Title:
	 	President	 	 

 

	 	 	 	 	 	 	 
	 	 	LAREDO THEATRE, LTD.,
by Sunnymead Cinema Corp., its general partner
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Michael D. Cavalier	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:

Title:
	 	Michael D. Cavalier 

Senior Vice President-General Counsel	 	 

 

	 	 	 	 	 	 	 
	 	 	WELLS FARGO BANK, N.A., as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Patrick T. Giordano	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Patrick T. Giordano	 	 
	 

	 	Title:
	 	Vice President	 	 

 

EXHIBIT A

[Insert the Global Note Legend, if applicable, pursuant to the provisions of the Indenture]*

[Insert the Private Placement Legend, if applicable, pursuant to the provisions of the Indenture]

[Insert the Regulation S Legend, if applicable, pursuant to the provisions of the Indenture]

[Insert the Regulation S Temporary Global Note Legend, if applicable, pursuant to the provisions of the Indenture]

[Insert the Original Issue Discount Legend, if applicable, pursuant to the provisions of the Indenture]

[Insert the ERISA Legend, if applicable, pursuant to the provisions of the Indenture]

CUSIP No.                     

ISIN No.                     

[Face of Note]

CINEMARK USA, INC.

8.625% Senior Notes due 2019

No.                                         Principal Amount $                     [or such greater or lesser amount as may be
indicated on Schedule
A hereto]*

Cinemark USA, Inc., a Texas Corporation (the “Company”),

promises to pay to                     , or registered assigns,

the principal sum of                      Dollars on June 15, 2019 [or such greater or lesser amount as
may be indicated on Schedule A hereto]*.

Interest Payment Dates: June 15 and December 15, commencing December 15, 2009

Record Dates: June 1 and December 1

Additional provisions of this Note are set forth on the other side of this Note.

 

			
	*	 	If this Note is a Global Note, include this provision.

A-1

 

Dated:

	 	 	 	 	 
	 	CINEMARK USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

A-2

 

	 	 	 	 	 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

This is one of the [Global] * Notes referred

to in the within-mentioned Indenture:

WELLS FARGO BANK, N.A.,

     as Trustee

	 	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Authorized Signatory
	 	 

A-3

 

[FORM OF REVERSE OF NOTES]

8.625% Senior Discount Notes due 2019

     Capitalized terms used herein shall have the meanings assigned to them in the Indenture
referred to below unless otherwise indicated.

     1. Interest. Cinemark USA, Inc., a Texas corporation (the “Company”),
promises to pay interest on the principal amount of this Note at the rate of 8.625% per annum.
Interest on the Notes will accrue at the rate of 8.625% per annum and the Company will pay interest
semi-annually in arrears on June 15 and December 15 of each year, commencing December 15, 2009 or
if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest
Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest
has been paid or, if no interest has been paid, from June 29, 2009. The Company shall pay interest
(including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal
and premium, if any, from time to time on demand at the rate then in effect; it shall pay interest
(including post-petition interest in any proceeding under any Bankruptcy Law) on overdue
installments of interest and Additional Interest, if any, (without regard to any applicable grace
periods) from time to time on demand at the same rate to the extent lawful. Interest shall be
computed on the basis of a 360-day year comprised of twelve 30-day months.

     2. Method of Payment. The Company shall pay interest on the Notes (except defaulted
interest) and Additional Interest, if any, to the Persons who are registered Holders of Notes at
the close of business on the June 1 or December 1 immediately preceding the Interest Payment Date
(each, a “Record Date”), even if such Notes are canceled after such record date and on or
before such Interest Payment Date, except as provided in Section 2.12 of the Indenture. The Notes
shall be payable as to principal or premium, if any, Additional Interest, if any, or interest at
the office or agency of the Company maintained for such purpose within the City and State of New
York (which may be an office of the Paying Agent), or, at the option of the Company, payment of
interest and Additional Interest, if any, may be made by check mailed to the Holders at their
addresses set forth in the register of Holders, and provided that payment by wire transfer of
immediately available funds shall be required with respect to principal of or premium, if any,
Additional Interest, if any, or interest on the Global Notes and all other Notes the Holders of
which shall have provided wire transfer instructions to the Company or the Paying Agent prior to
the applicable Record Date. Such payment shall be in such coin or currency of the United States of
America as at the time of payment is legal tender for payment of public and private debts.

     3. Paying Agent and Registrar. Initially, Wells Fargo Bank, N.A., the Trustee under
the Indenture, shall act as Paying Agent and Registrar. The Company may change any Paying Agent or
Registrar without prior notice to any Holder. The Company or any of its Subsidiaries may act in any
such capacity.

     4. Indenture. The Company issued the Notes under an Indenture, dated as of June 29,
2009 (as such may be amended or supplemented from time to time, the “Indenture”), among the
Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the
Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as
amended (15 U.S. Code §§ 77aaa-77bbbb). The Notes are subject to all such terms, and Holders are
referred to the Indenture and the TIA for a statement of such terms. To the extent any provision of
this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture
shall govern and be controlling. The Notes are obligations of the Company initially in the
aggregate principal amount of $470,000,000. Subject to compliance with Section 2.13 and Section
4.09 of the Indenture, the Company is permitted to issue Additional Notes under the Indenture in an
unlimited principal amount. Any such Additional Notes that

A-4

 

are actually issued shall be treated as issued and outstanding Notes (and as the same class as
the Initial Notes) for all purposes of the Indenture, unless the context clearly indicates
otherwise.

     5. Optional Redemption.

     Except as described below, the Notes will not be redeemable at the Company’s option prior to
June 15, 2014.

     (a) At any time prior to June 15, 2012, the Company may on any one or more occasions redeem
up to 35% of the aggregate principal amount of Notes issued under the Indenture (including any
Additional Notes) at a redemption price of 108.625% of the principal amount thereof, plus accrued
and unpaid interest and Additional Interest, if any, to the redemption date, with the net cash
proceeds of one or more Equity Offerings by the Company, provided that: (i) at least 65% of the
principal amount of Notes issued under the Indenture (including any Additional Notes) remains
outstanding immediately after the occurrence of such redemption (excluding Notes held by the
Company or any of its Subsidiaries); and (ii) the redemption occurs within 90 days of the date of
the closing of such Equity Offering.

     (b) On and after June 15, 2014, the Company may redeem all or a part of the Notes at the
redemption prices (expressed as percentages of principal amount) set forth below plus accrued and
unpaid interest and Additional Interest, if any, on the Notes redeemed, to the applicable
redemption date, if redeemed during the twelve-month period beginning on June 15 of the years
indicated below:

	 	 	 	 	 
	YEAR	 	Percentage
	2014
	 	 	104.313	%
	2015
	 	 	102.875	%
	2016
	 	 	101.438	%
	2017 and thereafter
	 	 	100.000	%

     (c) At any time and from time to time prior to June 15, 2014, the Company may, at its option,
redeem all or a portion of the Notes at a redemption price equal to 100% of the principal amount
thereof plus the Applicable Premium with respect to the Notes plus accrued and unpaid interest and
Additional Interest, if any, thereon to the redemption date. Notice of redemption need not set
forth the Applicable Premium but only the manner of calculation of the redemption price. The
Indenture provides that, with respect to any such redemption, the Company will notify the Trustee
of the Applicable Premium with respect to the Notes promptly after the calculation and that the
Trustee will not be responsible for such calculation.

     (d) The Company shall not be required to make mandatory redemption or sinking fund payments
with respect to the Notes.

     6. Repurchase at Option of Holder.

     (a) If a Change of Control occurs, the Company shall be required to make an offer to each
Holder of Notes to repurchase all or any part (equal to $1,000 in principal amount or an integral
multiple thereof) of such Holder’s Notes pursuant to the terms described in the Indenture (the
“Change of Control Offer”) at an offer price in cash equal to 101% of the principal amount
thereof plus accrued and unpaid interest and Additional Interest thereon, if any, to the date of
repurchase. Within 30 days following any Change of Control, the Company shall mail a notice to each
Holder setting forth the procedures governing the Change of Control Offer as required by the
Indenture.

A-5

 

     (b) If the Company or a Restricted Subsidiary consummates any Asset Sales, when the aggregate
amount of Excess Proceeds exceeds $25.0 million, the Company shall make an offer pursuant to
Section 4.10 of the Indenture (an “Asset Sale Offer”) to all Holders of Notes and all
holders of such other Indebtedness of the Company that is pari passu with the Notes containing
provisions similar to those set forth in the Indenture with respect to offers to purchase or redeem
with the proceeds of sales of assets to purchase the maximum principal amount (or accreted value,
as applicable) of Notes and such other pari passu Indebtedness that may be purchased out of the
Excess Proceeds (the “Offer Amount”). The offer price in any Asset Sale Offer shall be
equal to 100% of the principal amount (or accreted value, as applicable) thereof plus accrued and
unpaid interest and Additional Interest, if any, thereon to the date of purchase, and shall be
payable in cash. If any Excess Proceeds remain after consummation of an Asset Sale Offer, the
Company may use those Excess Proceeds for any purpose not otherwise prohibited by the Indenture. If
the aggregate principal amount (or accreted value, as applicable) of Notes and other pari passu
Indebtedness tendered into such Asset Sale Offer exceeds the amount of Excess Proceeds, the Notes
and such other pari passu Indebtedness shall be purchased on a pro rata basis on the basis of the
aggregate principal amount (or accreted value, as applicable) of Notes and the other pari passu
Indebtedness tendered. Upon completion of each Asset Sale Offer, the amount of Excess Proceeds
shall be reset at zero. The Company may satisfy the foregoing obligations with respect to any Net
Proceeds from an Asset Sale by making an Asset Sale Offer with respect to such Net Proceeds prior
to the expiration of the 365-day period specified in the Indenture. Holders of Notes that are the
subject of an offer to purchase shall receive an Asset Sale Offer from the Company prior to any
related purchase date and may elect to have such Notes purchased by completing the form entitled
“Option of Holder to Elect Purchase” on the reverse of the Notes.

     8. Notice of Redemption. Notice of redemption shall be mailed at least 30 days but
not more than 60 days before the redemption date to each Holder whose Notes are to be redeemed at
its registered address, except that redemption notices may be mailed more than 60 days prior to a
redemption date if the notice is issued in connection with a defeasance of the Notes or a
satisfaction and discharge of the Indenture. Notes in denominations larger than $2,000 aggregate
principal amount may be redeemed in part but only in whole multiples of $1,000, unless all of the
Notes held by a Holder are to be redeemed.

     9. Denominations, Transfer, Exchange. The Notes are in registered form without
coupons in denominations of $2,000 and integral multiples of $1,000 in excess thereof. The transfer
of Notes may be registered and Notes may be exchanged as provided in the Indenture. The Registrar
and the Trustee may require a Holder, among other things, to furnish appropriate endorsements and
transfer documents and the Company may require a Holder to pay any taxes and fees required by law
or permitted by the Indenture. The Company need not exchange or register the transfer of any Note
or portion of a Note selected for redemption, except for the unredeemed portion of any Note being
redeemed in part. Also, the Company need not exchange or register the transfer of any Notes for a
period of 15 days before a selection of Notes to be redeemed or during the period between a record
date and the corresponding Interest Payment Date.

     10. Persons Deemed Owners. The registered Holder of a Note may be treated as its
owner for all purposes.

     11. Amendment, Supplement and Waiver. Subject to certain exceptions, the Indenture,
the Notes or the Subsidiary Guarantees may be amended or supplemented with the consent of the
Holders of at least a majority of the aggregate principal amount of the then outstanding Notes
voting as a single class, and any existing default or compliance with any provision of the
Indenture, the Notes (other than a Default or Event of Default in the payment of the principal of
or premium, if any, Additional Interest, if any, or interest on the Notes) or the Subsidiary
Guarantees or compliance with any provision of the Indenture, the Notes or the Subsidiary
Guarantees may be waived with the consent of the Holders of a majority of the aggregate principal
amount of the then outstanding Notes voting as a single class. Without the consent of

A-6

 

any Holder of a Note, the Indenture, the Notes or the Subsidiary Guarantees may be amended or
supplemented to cure any ambiguity, defect or inconsistency, to provide for uncertificated Notes in
addition to or in place of certificated Notes, to provide for the assumption of the Company’s or a
Guarantor’s obligations to Holders of the Notes in case of a merger or consolidation or sale of all
or substantially all of the Company’s assets or a Guarantor, to make any change that would provide
any additional rights or benefits to the Holders of the Notes or that does not adversely affect the
legal rights under the Indenture of any such Holder, to provide for the issuance of Additional
Notes in accordance with the provisions set forth in the Indenture, to add Subsidiary Guarantees
with respect to the Notes or to secure the Notes or the Subsidiary Guarantees, to comply with the
requirements of the Commission in order to effect or maintain the qualification of the Indenture
under the TIA, to evidence and provide for the acceptance and appointment under the Indenture of a
successor trustee thereunder pursuant to the requirements thereof, or to conform the text of the
Notes, the Subsidiary Guarantees or the Indenture to any provision of the “Description of Notes”
contained in the Offering Memorandum to the extent that such provision was intended to be a
verbatim recitation of a provision of the Notes, the Subsidiary Guarantees or the Indenture.

     12. Defaults and Remedies. Events of Default shall include: (i) default for 30 days
by the Company in the payment when due of interest on, or Additional Interest with respect to, the
Notes; (ii) default by the Company in payment when due of the principal of, or premium, if any, on
the Notes; (iii) failure by the Company or any of its Restricted Subsidiaries to comply with any of
the provisions of Section 5.01 of the Indenture; (iv) failure by the Company or any of its
Restricted Subsidiaries to comply with any of the provisions of Section 4.15 of the Indenture for
30 days after receipt by the Company of written notice from the Trustee or the Holders of not less
than 25% in principal amount of the Notes; (v) failure by the Company or any of its Restricted
Subsidiaries to observe or perform any of the other agreements in the Indenture or the Notes for 60
days after receipt by the Company of written notice from the Trustee or the Holders of not less
than 25% in principal amount of the Notes; (vi) a default by the Company or any of its Restricted
Subsidiaries occurs under any mortgage, indenture or instrument under which there may be issued or
by which there may be secured or evidenced any Indebtedness for money borrowed by the Company or
any of its Restricted Subsidiaries (or the payment of which is guaranteed by the Company or any of
its Restricted Subsidiaries) whether such Indebtedness or guarantee now exists, or is created after
the Issue Date, if that default (a) is caused by a failure to pay principal on such Indebtedness
prior to the expiration of the grace period provided in such Indebtedness on the date of such
default (a “Payment Default”) or (b) results in the acceleration of such Indebtedness prior
to its express maturity, and, in each case, the principal amount of any such Indebtedness, together
with the principal amount of any other such Indebtedness under which there has been a Payment
Default or the maturity of which has been so accelerated, aggregates $15.0 million or more; (vii) a
final nonappealable judgment or judgments for the payment of money are entered by a court or courts
of competent jurisdiction against the Company or any of its Restricted Subsidiaries and such
judgment or judgments remain unpaid or undischarged for a period of 60 days; provided that the
aggregate of all such undischarged judgments exceeds $15.0 million (net of any amount with respect
to which a reputable and solvent insurance company has acknowledged liability in writing); (viii)
except as permitted by the Indenture, any Subsidiary Guarantee shall be held in any judicial
proceeding to be unenforceable or invalid or shall cease for any reason to be in full force and
effect or any Guarantor, or any Person acting on behalf of any Guarantor, shall deny or disaffirm
its obligations under its Subsidiary Guarantee and (ix) certain events of bankruptcy or insolvency
with respect to the Company or any of its Significant Subsidiaries or any of its Restricted
Subsidiaries that are individually or collectively a Significant Subsidiary. In the case of an
Event of Default arising from certain events of bankruptcy or insolvency, as specified in clause
(ix) above, with respect to the Company, any Restricted Subsidiary that is a Significant Subsidiary
or any group of Restricted Subsidiaries that, taken together, would constitute a Significant
Subsidiary, all outstanding Notes will become due and payable immediately without further action or
notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at
least 25% in aggregate

A-7

 

principal amount of the then outstanding Notes may declare all the Notes to be due and payable
immediately. Upon any such declaration, the principal of, premium, if any, and accrued and unpaid
interest, if any, and Additional Interest, if any, shall become due and payable immediately.
Holders of the Notes may not enforce the Indenture or the Notes except as provided in the
Indenture. Subject to certain limitations, Holders of a majority of the aggregate principal amount
of the then outstanding Notes may direct the Trustee in its exercise of any trust or power. The
Trustee may withhold from Holders of the Notes notice of any continuing Default or Event of
Default, except a Default or Event of Default relating to the payment of principal of, or interest
or premium or Additional Interest, if any, on the Notes.

     13. Trustee Dealings with Company. The Trustee, in its individual or any other
capacity, may make loans to, accept deposits from, and perform services for the Company or its
Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the
Trustee.

     14. No Recourse Against Others. No director, officer, employee, incorporator or
stockholder of the Company or any Guarantor, as such, will have any liability for any obligations
of the Company or any Guarantor under the Notes, the Indenture, the Subsidiary Guarantees or the
Registration Rights Agreement or for any claim based on, in respect of, or by reason of, such
obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Notes.

     15. Authentication. This Note shall not be valid until authenticated by the manual
signature of the Trustee or an Authenticating Agent.

     16. Abbreviations. Customary abbreviations may be used in the name of a Holder or an
assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (=
joint tenants with rights of survivorship and not as tenants in common), CUST (= Note Custodian),
and U/G/M/A (= Uniform Gifts to Minors Act).

     17. Registration Rights Agreement. In addition to the rights provided to Holders of
Notes under the Indenture, Holders of Restricted Global Notes and Restricted Definitive Notes shall
have all the rights set forth in the Registration Rights Agreement dated as of [                    ], among the Company, the Guarantors and the Initial Purchasers.

     18. CUSIP, ISIN or Other Similar Numbers. Pursuant to a recommendation promulgated by
the Committee on Uniform Security Identification Procedures, the Company has caused CUSIP, ISIN or
other similar numbers to be printed on the Notes and the Trustee may use CUSIP, ISIN or other
similar numbers in notices of redemption as a convenience to Holders. No representation is made as
to the accuracy of such numbers either as printed on the Notes or as contained in any notice of
redemption and reliance may be placed only on the other identification numbers placed thereon.

A-8

 

ASSIGNMENT FORM

To assign this Note, fill in the form below and have your signature guaranteed: (I)
or (we) assign and transfer this Note to

 

(Insert assignee’s soc. sec. or tax I.D. no.)

 

 

 

 

(Print or type assignee’s name, address and zip code)

and
irrevocably appoint                                                             
to transfer this Note on the books of the Company. The agent may substitute another to act for
him.

 

	 	 	 	 	 	 	 	 	 	 	 
	Date:

	 	 	 	 	 	Your Name:	 	 	 	 
	 

	 	 

	 	 
	 	 	 	 

	 	 
	 	 	 	 	 	 	          
          (Print your name exactly as it appears on the face of this Note)
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Your Signature:	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	          
          (Sign exactly as your name appears on the face of this Note)
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Signature Guarantee*:	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 

 

			
	*	 	Participant in a recognized Signature Guarantee
Medallion Program (or other signature guarantor acceptable to the Trustee).

A-9

 

OPTION OF HOLDER TO ELECT PURCHASE

     If you want to elect to have this Note purchased by the Company pursuant to Section 4.10 or
4.15 of the Indenture, check the box below:

     o
Section 4.10
                         
                o Section 4.15

     If you want to elect to have only part of the Note purchased by the Company pursuant to
Section 4.10 or Section 4.15 of the Indenture, state the amount you elect to have purchased: $                    

	 	 	 	 	 	 	 	 	 	 	 
	Date:

	 	 	 	 	 	Your Signature:	 	 	 	 
	 

	 	 

	 	 
	 	 	 	 

	 	 
	 	 	 	 	 	 	          
          (Sign exactly as your name appears on the face of this Note)
	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Tax Identification No:	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Signature Guarantee*:	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 

 

			
	(*  Participant in a Recognized Signature
Guarantee Medallion Program)

A-10

 

SCHEDULE
OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE*

     The following exchanges of a part of this Global Note for an interest in another Global Note
or for a Definitive Note, or exchanges of a part of another Global Note or Definitive Note for an
interest in this Global Note, have been made:

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Principal Amount 	 	 
	 	 	Amount of	 	Amount of	 	of this Global Note	 	Signature of
	 	 	decrease in	 	increase in	 	following such	 	authorized officer
	 	 	Principal Amount	 	Principal Amount	 	decrease (or	 	of Trustee or
	Date of Exchange	 	of this Global Note	 	of this Global Note	 	increase)	 	Note Custodian
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 

 

			
	*	 	Include only if this Note is a Global Note

A-11

 

EXHIBIT B

FORM OF CERTIFICATE OF TRANSFER

Cinemark USA, Inc.

3900 Dallas Parkway

Suite 500

Plano, TX 75093

Wells Fargo Bank, N.A.

1445 Ross Ave, 2nd Floor

MAC: T5303-022

Dallas, Texas 75202

Attention: Corporate Trust Services

     Re:     8.625% Senior Notes due 2019

     Reference is hereby made to the Indenture, dated as of June 29, 2009 (as such may be amended
or supplemented from time to time, the “Indenture”), among Cinemark USA, Inc., as issuer
(the “Company”), the Guarantors party thereto and Wells Fargo Bank, N.A., as trustee.
Capitalized terms used but not defined herein shall have the meanings given to them in the
Indenture.

                         
(the “Transferor”) owns and proposes to transfer the Note[s] or interest in such
Note[s] specified in Annex A hereto, in the principal amount of $                     in such Note[s] or
interests (the “Transfer”), to                      (the “Transferee”), as further
specified in Annex A hereto. In connection with the Transfer, the Transferor hereby certifies that:

1. o CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN A 144A GLOBAL NOTE
OR A DEFINITIVE NOTE PURSUANT TO RULE 144A. The Transfer is being effected pursuant to and in
accordance with Rule 144A under the United States Securities Act of 1933, as amended (the
“Securities Act”), and, accordingly, the Transferor hereby further certifies that the
beneficial interest or Definitive Note is being transferred to a Person that the Transferor
reasonably believed and believes is purchasing the beneficial interest or Definitive Note for its
own account, or for one or more accounts with respect to which such Person exercises sole
investment discretion, and such Person and each such account is a “qualified institutional buyer”
within the meaning of Rule 144A in a transaction meeting the requirements of Rule 144A and such
Transfer is in compliance with any applicable blue sky securities laws of any state of the United
States. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture,
the transferred beneficial interest or Definitive Note will be subject to the restrictions on
transfer enumerated in the Private Placement Legend printed on the 144A Global Note and/or the
Definitive Note and in the Indenture and the Securities Act.

2. o CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE REGULATION S
TEMPORARY GLOBAL NOTE, THE REGULATION S GLOBAL NOTE OR A DEFINITIVE NOTE PURSUANT TO REGULATION
S. The Transfer is being effected pursuant to and in accordance with Rule 903 or Rule 904 under
the Securities Act and, accordingly, the Transferor hereby further certifies that (i) the Transfer
is not being made to a person in the United States and (x) at the time the buy order was
originated, the Transferee was outside the United States or such Transferor and any Person acting
on its behalf reasonably believed and believes that the Transferee was outside the United States or
(y) the transaction was executed in, on or through the facilities of a designated offshore

B-1

 

securities market and neither such Transferor nor any Person acting on its behalf knows that the
transaction was prearranged with a buyer in the United States, (ii) no directed selling efforts
have been made in contravention of the requirements of Rule 903(b) or Rule 904(b) of Regulation S
under the Securities Act, (iii) the transaction is not part of a plan or scheme to evade the
registration requirements of the Securities Act and (iv) if the proposed transfer is being made
prior to the expiration of the Distribution Compliance Period, the transfer is not being made to a
U.S. Person or for the account or benefit of a U.S. Person (other than an Initial Purchaser). Upon
consummation of the proposed transfer in accordance with the terms of the Indenture, the
transferred beneficial interest or Definitive Note will be subject to the restrictions on Transfer
enumerated in the Private Placement Legend printed on the Regulation S Global Note, the Temporary
Regulation S Global Note and/or the Definitive Note and in the Indenture and the Securities Act.

3. o CHECK AND COMPLETE IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN AN IAI
GLOBAL NOTE OR A DEFINITIVE NOTE PURSUANT TO ANY PROVISION OF THE SECURITIES ACT OTHER THAN RULE
144A OR REGULATION S. The Transfer is being effected in compliance with the transfer
restrictions applicable to beneficial interests in Restricted Global Notes and Restricted
Definitive Notes and pursuant to and in accordance with the Securities Act and any applicable blue
sky securities laws of any state of the United States, and accordingly the Transferor hereby
further certifies that (check one):

     (a) o such Transfer is being effected pursuant to and in accordance with Rule 144 under the
Securities Act;

or

     (b) o such Transfer is being effected to the Company or a Subsidiary thereof;

or

     (c) o such Transfer is being effected pursuant to an effective registration statement under
the Securities Act and in compliance with the prospectus delivery requirements of the Securities
Act;

or

     (d) o such Transfer is being effected to an Institutional Accredited Investor and pursuant
to an exemption from the registration requirements of the Securities Act other than Rule 144A, Rule
144 or Rule 904, and the Transferor hereby further certifies that it has not engaged in any general
solicitation within the meaning of Regulation D under the Securities Act and the Transfer complies
with the transfer restrictions applicable to beneficial interests in a Restricted Global Note or
Restricted Definitive Notes and the requirements of the exemption claimed, which certification is
supported by (1) a certificate executed by the Transferee in the form of Exhibit D to the Indenture
and (2) an Opinion of Counsel provided by the Transferor or the Transferee (a copy of which the
Transferor has attached to this certification), to the effect that such Transfer is in compliance
with the Securities Act. Upon consummation of the proposed transfer in accordance with the terms of
the Indenture, the transferred beneficial interest or Definitive Note will be subject to the
restrictions on transfer enumerated in the Private Placement Legend printed on the IAI Global Note
and/or the Definitive Notes and in the Indenture and the Securities Act.

4. o Check if Transferee will take delivery of a beneficial interest in an Unrestricted Global
Note or an Unrestricted Definitive Note.

B-2

 

     (a) o CHECK IF TRANSFER IS PURSUANT TO RULE 144. (i) The Transfer is being effected
pursuant to and in accordance with Rule 144 under the Securities Act and in compliance with the
transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any
state of the United States and (ii) the restrictions on transfer contained in the Indenture and the
Private Placement Legend are not required in order to maintain compliance with the Securities Act.
Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the
transferred beneficial interest or Definitive Note will no longer be subject to the restrictions on
transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on
Restricted Definitive Notes and in the Indenture.

     (b) o CHECK IF TRANSFER IS PURSUANT TO REGULATION S. (i) The Transfer is being
effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and in
compliance with the transfer restrictions contained in the Indenture and any applicable blue sky
securities laws of any state of the United States and (ii) the restrictions on transfer contained
in the Indenture and the Private Placement Legend are not required in order to maintain compliance
with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of
the Indenture, the transferred beneficial interest or Definitive Note will no longer be subject to
the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted
Global Notes, on Restricted Definitive Notes and in the Indenture.

     (c) o CHECK IF TRANSFER IS PURSUANT TO OTHER EXEMPTION. (i) The Transfer is being
effected pursuant to and in compliance with an exemption from the registration requirements of the
Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the transfer
restrictions contained in the Indenture and any applicable blue sky securities laws of any State of
the United States and (ii) the restrictions on transfer contained in the Indenture and the Private
Placement Legend are not required in order to maintain compliance with the Securities Act. Upon
consummation of the proposed Transfer in accordance with the terms of the Indenture, the
transferred beneficial interest or Definitive Note will not be subject to the restrictions on
transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes or
Restricted Definitive Notes and in the Indenture.

     This certificate and the statements contained herein are made for your benefit and the benefit
of the Company.

	 	 	 	 	 	 	 
	 
	 	 	 	 	 
	 	 	[Insert Name of Transferor]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

     Name:
	 	 
	 

	 	 	 	     Title:	 	 

Dated:                     , __

B-3

 

ANNEX A TO CERTIFICATE OF TRANSFER

	1.	 	The Transferor owns and proposes to transfer the following:

[CHECK ONE OF (a) OR (b)]

	 	(a)	 	o a beneficial interest in the:

	 	(i)	 	o 144A Global Note (CUSIP ___); or
	 
	 	(ii)	 	o Regulation S Global Note (CUSIP ___); or
	 
	 	(iii)	 	o IAI Global Note (CUSIP ___); or

	 	(b)	 	o a Restricted Definitive Note.

	2.	 	After the Transfer the Transferee will hold:

[CHECK ONE]

	 	(a)	 	o a beneficial interest in the:

	 	(i)	 	o 144A Global Note (CUSIP      ); or
	 
	 	(ii)	 	o Regulation S Global Note (CUSIP     ); or
	 
	 	(iii)	 	o IAI Global Note (CUSIP      ); or
	 
	 	(iv)	 	o Unrestricted Global Note (CUSIP     ); or

	 	(b)	 	o a Restricted Definitive Note; or
	 
	 	(c)	 	o an Unrestricted Definitive Note,

in accordance with the terms of the Indenture.

B-4

 

EXHIBIT C

FORM OF CERTIFICATE OF EXCHANGE

Cinemark USA, Inc.

3900 Dallas Parkway

Suite 500

Plano, TX 75093

Wells Fargo Bank, N.A.

1445 Ross Ave, 2nd Floor

MAC: T5303-022

Dallas, Texas 75202

Attention: Corporate Trust Services

     Re:       8.625% Senior Notes due 2019

(CUSIP                     )

     Reference is hereby made to the Indenture, dated as of June 29, 2009 (as such may be amended
or supplemented from time to time, the “Indenture”), between Cinemark USA, Inc., as issuer
(the “Company”), the Guarantors party thereto and Wells Fargo Bank, N.A., as trustee.
Capitalized terms used but not defined herein shall have the meanings given to them in the
Indenture.

                         
(the “Owner”) owns and proposes to exchange the Note[s] or interest in such Note[s]
specified herein, in the principal amount of $                     in such Note[s] or interests (the
“Exchange”). In connection with the Exchange, the Owner hereby certifies that:

1. EXCHANGE OF RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN A RESTRICTED GLOBAL NOTE FOR
UNRESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN AN UNRESTRICTED GLOBAL NOTE

     (a) o CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL NOTE TO
BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL NOTE. In connection with the Exchange of the
Owner’s beneficial interest in a Restricted Global Note for a beneficial interest in an
Unrestricted Global Note in an equal principal amount, the Owner hereby certifies (i) the
beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such
Exchange has been effected in compliance with the transfer restrictions applicable to the Global
Notes and pursuant to and in accordance with the United States Securities Act of 1933, as amended
(the “Securities Act”), (iii) the restrictions on transfer contained in the Indenture and
the Private Placement Legend are not required in order to maintain compliance with the Securities
Act and (iv) the beneficial interest in an Unrestricted Global Note is being acquired in compliance
with any applicable blue sky securities laws of any state of the United States.

     (b) o CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL NOTE TO
UNRESTRICTED DEFINITIVE NOTE. In connection with the Exchange of the Owner’s beneficial
interest in a Restricted Global Note for an Unrestricted Definitive Note, the Owner hereby
certifies (i) the Definitive Note is being acquired for the Owner’s own account without transfer,
(ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the
Restricted Global Notes and pursuant to and in accordance with the Securities Act, (iii) the
restrictions on transfer contained in the Indenture and the Private Placement Legend are not
required in order to maintain

C-1

 

compliance with the Securities Act and (iv) the Definitive Note is being acquired in
compliance with any applicable blue sky securities laws of any state of the United States.

     (c) o CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE NOTE TO BENEFICIAL INTEREST IN AN
UNRESTRICTED GLOBAL NOTE. In connection with the Owner’s Exchange of a Restricted Definitive
Note for a beneficial interest in an Unrestricted Global Note, the Owner hereby certifies (i) the
beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such
Exchange has been effected in compliance with the transfer restrictions applicable to Restricted
Definitive Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions
on transfer contained in the Indenture and the Private Placement Legend are not required in order
to maintain compliance with the Securities Act and (iv) the beneficial interest is being acquired
in compliance with any applicable blue sky securities laws of any state of the United States.

     (d) o CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE NOTE TO UNRESTRICTED DEFINITIVE
NOTE. In connection with the Owner’s Exchange of a Restricted Definitive Note for an
Unrestricted Definitive Note, the Owner hereby certifies (i) the Unrestricted Definitive Note is
being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected
in compliance with the transfer restrictions applicable to Restricted Definitive Notes and pursuant
to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the
Indenture and the Private Placement Legend are not required in order to maintain compliance with
the Securities Act and (iv) the Unrestricted Definitive Note is being acquired in compliance with
any applicable blue sky securities laws of any state of the United States.

2. EXCHANGE OF RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN RESTRICTED GLOBAL NOTES FOR
RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN RESTRICTED GLOBAL NOTES

     (a) o CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL NOTE TO
RESTRICTED DEFINITIVE NOTE. In connection with the Exchange of the Owner’s beneficial interest
in a Restricted Global Note for a Restricted Definitive Note with an equal principal amount, the
Owner hereby certifies that the Restricted Definitive Note is being acquired for the Owner’s own
account without transfer. Upon consummation of the proposed Exchange in accordance with the terms
of the Indenture, the Restricted Definitive Note issued will continue to be subject to the
restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted
Definitive Note and in the Indenture and the Securities Act.

     (b) o CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE NOTE TO BENEFICIAL INTEREST IN A
RESTRICTED GLOBAL NOTE. In connection with the Exchange of the Owner’s Restricted Definitive
Note for a beneficial interest in the [CIRCLE ONE] 144A Global Note, Regulation S Global Note, IAI
Global Note, with an equal principal amount, the Owner hereby certifies (i) the beneficial interest
is being acquired for the Owner’s own account without transfer and (ii) such Exchange has been
effected in compliance with the transfer restrictions applicable to the Restricted Global Notes and
pursuant to and in accordance with the Securities Act, and in compliance with any applicable blue
sky securities laws of any state of the United States. Upon consummation of the proposed Exchange
in accordance with the terms of the Indenture, the beneficial interest issued will be subject to
the restrictions on transfer enumerated in the Private Placement Legend printed on the relevant
Restricted Global Note and in the Indenture and the Securities Act.

     This certificate and the statements contained herein are made for your benefit and the benefit
of the Company.

C-2

 

	 	 	 	 	 	 	 
	 	 	   	 	 
	 	 	[Insert Name of Owner]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

     Name:
	 	 
	 

	 	 	 	     Title:	 	 

Dated:                     , ____

C-3

 

EXHIBIT D

FORM OF CERTIFICATE FROM

ACQUIRING INSTITUTIONAL ACCREDITED INVESTOR

Cinemark USA, Inc.

3900 Dallas Parkway

Suite 500

Plano, TX 75093

Wells Fargo Bank, N.A.

1445 Ross Ave, 2nd Floor

MAC: T5303-022

Dallas, Texas 75202

Attention: Corporate Trust Services

Re:   Cinemark USA, Inc.

     Re:     8.625% Senior Notes due 2019 (the “Senior Notes”)

     Reference is hereby made to the Indenture, dated as of June 29, 2009 (as such may be amended
or supplemented from time to time, the “Indenture”), between Cinemark USA, Inc., as issuer
(the “Company”), the Guarantors party thereto and Wells Fargo Bank, N.A., as trustee.
Capitalized terms used but not defined herein shall have the meanings given to them in the
Indenture.

     In connection with our proposed purchase of $                     aggregate principal amount of:

     (a) o a beneficial interest in a Global Note, or

     (b) o a Definitive Note, we confirm that:

     1. We understand that any subsequent transfer of the Senior Notes or any interest therein is
subject to certain restrictions and conditions set forth in the Indenture and the undersigned
agrees to be bound by, and not to resell, pledge or otherwise transfer the Senior Notes or any
interest therein except in compliance with, such restrictions and conditions and the United States
Securities Act of 1933, as amended (the “Securities Act”).

     2. We understand that the offer and sale of the Senior Notes have not been registered under
the Securities Act, and that the Senior Notes and any interest therein may not be offered or sold
except as permitted in the following sentence. We agree, on our own behalf and on behalf of any
accounts for which we are acting as hereinafter stated, that if we should sell the Senior Notes or
any interest therein, we will do so only (A) to the Company or any subsidiary thereof, (B) in
accordance with Rule 144A under the Securities Act to a “qualified institutional buyer” (as defined
therein), (c) to an institutional “accredited investor” (as defined below) that, prior to such
transfer, furnishes (or has furnished on its behalf by a U.S. broker-dealer) to you and to the
Company a signed letter substantially in the form of this letter and an Opinion of Counsel in form
reasonably acceptable to the Company to the effect that such transfer is in compliance with the
Securities Act, (D) outside the United States in accordance with Rule 904 of Regulation S under the
Securities Act, (E) in accordance with the provisions of Rule 144 under the Securities Act or (F)
pursuant to an effective registration statement under the Securities Act, and we further agree to
provide to any person purchasing the Definitive Note or beneficial interest in a Global

D-1

 

Note from us in a transaction meeting the requirements of clauses (A) through (E) of this
paragraph a notice advising such purchaser that resales thereof are restricted as stated herein.

     3. We understand that, on any proposed resale of the Senior Notes or beneficial interest
therein, we will be required to furnish to you and the Company such certifications, legal opinions
and other information as you and the Company may reasonably require to confirm that the proposed
sale complies with the foregoing restrictions. We further understand that the Senior Notes
purchased by us will bear a legend to the foregoing effect.

     4. We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or
(7) of Regulation D under the Securities Act) and have such knowledge and experience in financial
and business matters as to be capable of evaluating the merits and risks of our investment in the
Senior Notes, and we and any accounts for which we are acting are each able to bear the economic
risk of our or its investment.

     5. We are acquiring the Senior Notes or beneficial interest therein purchased by us for our
own account or for one or more accounts (each of which is an institutional “accredited investor”)
as to each of which we exercise sole investment discretion.

     You and the Company are entitled to rely upon this letter and are irrevocably authorized to
produce this letter or a copy hereof to any interested party in any administrative or legal
proceedings or official inquiry with respect to the matters covered hereby.

	 	 	 	 	 	 	 
	 
	 	 	   	 	 
	 	 	[Insert Name of Accredited Investor]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

     Name:
	 	 
	 

	 	 	 	     Title:	 	 

Dated:                     , ____

D-2

 

EXHIBIT E

FORM OF SUPPLEMENTAL INDENTURE

          SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of                    , 20___,
among [GUARANTOR] (the “New Guarantor”), Cinemark USA, Inc., a Texas corporation (together
with its successors and assigns, the “Company”) and Wells Fargo Bank, N.A., as trustee
under the Indenture referred to below (the “Trustee”).

W I T N E S S E T H :

     WHEREAS the Company, the existing guarantors (the “Guarantors”) and the Trustee are
parties to that certain Indenture (as such has been amended or supplemented to the date hereof, the
“Indenture”) dated as of June 29, 2009, providing for the issuance of the Company’s 8.625%
Senior Notes due 2019 (the “Notes”);

     WHEREAS Section 4.16 of the Indenture provides that the Company shall cause the New Guarantor
to execute and deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor
shall unconditionally guarantee all the Company’s obligations under the Notes, the Indenture and
the Registration Rights Agreement pursuant to a Subsidiary Guarantee on the terms and conditions
set forth herein; and

     WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee, the Company and the New
Guarantor are authorized to execute and deliver this Supplemental Indenture;

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

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

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

          3. Guarantee. The New Guarantor agrees, on a joint and several basis with all the
existing Guarantors, to fully, unconditionally and irrevocably Guarantee to each Holder of the
Notes and the Trustee the Obligations of a Guarantor pursuant to and subject to Article 11 of the
Indenture.

          4. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as
expressly supplemented hereby, the 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 the Indenture for all purposes, and every Holder of Notes heretofore
or hereafter authenticated and delivered shall be bound hereby.

E-1

 

          5. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK.

          6. Trustee Makes No Representation. The Trustee makes no representation as to the
validity or sufficiency of this Supplemental Indenture.

          7. Counterparts. 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.

          8. Effect of Headings. The section headings herein are for convenience only and shall
not effect the construction thereof.

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

	 	 	 	 	 	 	 
	 	 	[NEW GUARANTOR]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	CINEMARK USA, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	WELLS FARGO BANK, N.A., as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

E-2

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