Document:

Seventh Amendment to Registration Rights Agreement

 Exhibit 4.4 
 SEVENTH AMENDMENT TO REGISTRATION RIGHTS AGREEMENT 
 THIS SEVENTH AMENDMENT TO
REGISTRATION RIGHTS AGREEMENT (this “Seventh Amendment”) is made and entered into effective as of the 24th day of January, 2011 by and between FNDS3000 Corp, a Delaware corporation (the “Company”), and Sherington
Holdings, LLC (the “Investor”). Capitalized terms not otherwise defined herein shall have the meaning set forth in the Agreement (as defined below). 
 W I T N E S S E T H 
 WHEREAS, the Company and the Investor have entered
into that certain Registration Rights Agreement dated January 6, 2009 (the “Original Agreement”) as amended by that certain First Amendment to Registration Rights Agreement dated July 1, 2009 (the “First
Amendment”), that certain Second Amendment to Registration Rights Agreement dated November 2, 2009 (the “Second Amendment”), that certain Third Amendment to Registration Rights Agreement dated November 30, 2009
(the “Third Amendment”), that certain Fourth Amendment to Registration Rights Agreement dated April 8, 2010 (the “Fourth Amendment”), that certain fifth Amendment to Registration Rights Agreement dated
June 16, 2010 (the “Fifth Amendment”) and that certain Sixth Amendment to Registration Rights Agreement dated October 19, 2010 (the “Sixth Amendment” and, collectively with the Original Agreement, the
First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, and the Sixth Amendment, the “Agreement”); and 
 WHEREAS, the Parties have entered into that certain Subscription Agreement dated of even date herewith (the “Subscription Agreement”) whereby (a) Investor has agreed to purchase
shares of the Company’s Common Stock (the “January 2011 Shares”) for a purchase price of $0.154 per share; and (b) the Company has agreed to issue warrants to Investor initially exercisable for the purchase of an equal
number of shares of the Company’s Common Stock at a price equal to $0.308 per share (the “January 2011 Warrant Shares”); and provided that such Common Stock and warrants are to be issued at the Closing (as described in,
and each as defined in, the Subscription Agreement); and 
 WHEREAS, the Parties have amended and restated that certain Fifth
Amended and Restated Warrant to Purchase Common Stock of the Company dated October 19, 2010 by entering into that certain Sixth Amended and Restated Warrant to Purchase Common Stock of the Company, of even date herewith (the “Sixth
Amended and Restated Warrant”), to clarify the formula with respect to which such Sixth Amended and Restated Warrant may be exercised for Common Stock (such number of shares of Common Stock for which the Sixth Amended and Restated Warrant
may be exercise, as may be adjusted pursuant to the terms of the Sixth Amended and Restated Warrant, defined as the “Warrant Shares”); and 
 WHEREAS, the Parties wish to provide registration rights for the benefit of the Investor and its successors and assigns with respect to the January 2011 Shares, the January 2011 Warrant Shares, and the
Warrant Shares. 
 NOW, THEREFORE, for and in consideration of the mutual promises of the Parties as set forth herein, and other
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 

 Article 1 

Amendments to the Agreement 
 1.1 Section 1.13 of the Agreement is hereby deleted in its entirety and replaced with the following: 
 “1.13 “Shares” shall mean the Common Shares, the New Common Shares (as defined in the First Amendment), the Warrant Shares (as defined in this Seventh Amendment), the New Warrant
Shares (as defined in the First Amendment), the Conversion Shares (as defined in the Second Amendment), the Fall 2009 Common Shares (as defined in the Second Amendment), the Fall 2009 Warrant Shares (as defined in the Second Amendment), the April
2010 Conversion Shares (as defined in the Fourth Amendment), the April 2010 Warrant Shares (as defined in the Fourth Amendment), the October 2010 Shares (as defined in the Sixth Amendment), the October 2010 Warrant Shares (as defined in the Sixth
Amendment), the January 2011 Shares (as defined in this Seventh Amendment), the January 2011 Warrant Shares (as defined in this Seventh Amendment) and any shares of Common Stock hereafter acquired by Investor or its affiliates, as such term is
defined in the Securities Act.” 
 Article 2 

Miscellaneous 
 2.1
Counterparts; Facsimile Signatures. This Seventh Amendment may be executed in two (2) or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Any signature
page of any such counterpart, or any electronic facsimile thereof, may be attached or appended to any other counterpart to complete a fully executed counterpart of this Seventh Amendment, and any telecopy or other facsimile transmission of any
signature of a Party shall be deemed an original and shall bind such Party. 
 2.2 Nature of Amendment. This Seventh Amendment contains
the entire agreement of the Parties with respect to the specific subject matter hereof and supersedes all prior written or oral correspondence between the Parties and their representatives (including emails) regarding the specific subject matter
hereof. 
 2.3 Ratification of Agreement. Except as expressly set forth in this Seventh Amendment, all other provisions of the Agreement
remain unchanged and in full force and effect. 
 2.4 Amendments. No amendment to the terms and conditions of this Seventh Amendment
shall be valid and binding on the Parties unless made in writing and signed by an authorized representative of each of the Parties. 
 2.5
Waiver. No waiver of any provision of this Seventh Amendment, or breach hereof, shall be effective unless it is in writing, signed by the Party waiving such provision. 
 2.6 Governing Law. This Seventh Amendment shall be interpreted in accordance with the substantive and procedural laws of the State of Delaware, without regard to its choice of laws rules which may
dictate the application of the laws of another jurisdiction. 

  

					
		  	2	  	 Fnds3000-Sherington Holdings
 Seventh Amendment to Registration Rights Agmt

 [signatures on following page] 

  

					
		  	3	  	 Fnds3000-Sherington Holdings
 Seventh Amendment to Registration Rights Agmt

 IN WITNESS WHEREOF, the undersigned Investor and the Company have caused this Seventh
Amendment to be duly executed as of the date first above written. 
  

					
	FNDS3000 CORP
		
	By	 	 /s/ Joseph F. McGuire

		 	Name:	 	 Joseph F. McGuire

		 	Title:	 	 Chief Financial Officer

	
	SHERINGTON HOLDINGS, LLC
		
	By	 	 /s/ Raymond L. Goldsmith

		 	Name:	 	 Raymond L. Goldsmith

		 	Title:	 	 Sole Member

  

					
		  	4	  	 Fnds3000-Sherington Holdings
 Seventh Amendment to Registration Rights AgmtFourth Agreement to Amend the Recapitalization Support Agreement

 EXHIBIT 10.1 
 EXECUTION 
 FOURTH AGREEMENT TO AMEND THE RECAPITALIZATION SUPPORT
AGREEMENT 
 THIS FOURTH AMENDMENT is made as of this 27 day of January, 2011. 

WHEREAS, (a) Angiotech Pharmaceuticals, Inc. (“Angiotech”), (b) the entities listed in Schedule
A (together with Angiotech, the “Companies” and each a “Company”), and (c) each of the other Consenting Noteholders party hereto, each Consenting Noteholder being a holder of and/or investment advisor or
manager with investment discretion over Subordinated Notes, executed a Recapitalization Support Agreement dated as of October 29, 2010 concerning the principal aspects of a Recapitalization of the Companies (as amended by the First Amendment,
the Second Amendment and the Third Amendment, the “Support Agreement”); 
 AND WHEREAS, pursuant to
Section 16(n) of the Support Agreement, the Support Agreement may be modified, amended or supplemented as to any matter by an instrument in writing signed by the Companies and Consenting Noteholders that represent not less than a majority of
the aggregate principal amount of Subordinated Notes; 
 AND WHEREAS, Consenting Noteholders representing not less than a
majority of the aggregate principal amount of Subordinated Notes executed an Agreement to Amend the Recapitalization Support Agreement dated as of November 29, 2010 (the “First Amendment”); 

AND WHEREAS, Consenting Noteholders representing not less than a majority of the aggregate principal amount of Subordinated Notes
executed a Second Agreement to Amend the Recapitalization Support Agreement dated as of December 15, 2010 (the “Second Amendment”); 
 AND WHEREAS, Consenting Noteholders representing not less than a majority of the aggregate principal amount of Subordinated Notes executed a Second Agreement to Amend the Recapitalization Support
Agreement dated as of January 15, 2011 (the “Third Amendment”); 
 AND WHEREAS, the Companies and
the Consenting Noteholders party to this fourth amendment (the “Fourth Amendment”) wish to further amend the Support Agreement in the manner set out in this Fourth Amendment; 

AND WHEREAS, the Consenting Noteholders party to the Fourth Amendment collectively hold and/or exercise investment discretion over
not less than a majority of the aggregate principal amount of outstanding Subordinated Notes; 
 NOW, THEREFORE, for good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Companies and the Consenting Noteholders party hereto hereby agree as follows: 

	1.	Capitalized Terms 

Capitalized Terms that are used but not otherwise defined herein shall have the meanings ascribed thereto in the Support Agreement.

  

	2.	Consenting Noteholders Party to this Fourth Amendment 

 Each Consenting Noteholder party to this Fourth Amendment hereby represents and warrants, severally and not jointly, to each of the other parties to this Fourth Amendment (and acknowledges that each of
the other parties to this Fourth Amendment is relying upon such representations and warranties) that as of the date hereof: (a) it either (i) is the sole legal and beneficial owner of the principal amount of Subordinated Notes disclosed to
Goodmans as of such date, or (ii) has the investment and voting discretion with respect to the principal amount of Subordinated Notes disclosed to Goodmans as of such date; (b) it has the power and authority to bind the beneficial owner(s)
of such Subordinated Notes to the terms of this Fourth Amendment; and (c) it has authorized and instructed Goodmans to advise Angiotech, in writing, of the aggregate amount of Subordinated Notes held by the Consenting Noteholders that are party
to this Fourth Amendment. 
  

	3.	Amendments to the Support Agreement 

 The Support Agreement is hereby amended as follows: 
  

	 	(a)	all instances of the words “(subject to dilution for New Common Shares issued to Quill Creditors, if any)” in Section 1, Section 5(c) and
Section 7(k) of the Support Agreement (including any sub-sections thereof) shall be deleted and replaced with “(subject to dilution for New Common Shares issued to Other Affected Creditors, if any)”; 

 

	 	(b)	the reference to “January 14, 2011” in Section 5(r.1) of the Support Agreement is hereby deleted and replaced with “January 24, 2011”;

  

	 	(c)	the references to “Exchange Offer” in Section 7(a)(i) of the Support Agreement are hereby deleted and replaced with “Recapitalization
Transaction”; 

  

	 	(d)	the following Section 7(a)(ii.1) and Section 7(a)(ii.2) are hereby added to the Support Agreement after Section 7(a)(ii) and before
Section 7(a)(iii): 

  

	 	“7(a)(ii.1)	the FRN Exchange Offer shall have been initiated in a manner, on such terms and subject to such documentation as are reasonably acceptable to the Consenting Noteholders
on or before February 7, 2011; 

  

	 	7(a)(ii.2)	 in the event the Recapitalization Transaction proceeds by way of an Alternative Recapitalization Transaction, the Court shall have granted (x) an
Order accepting the filing of a Plan in respect of the Recapitalization Transaction and calling a meeting of the Noteholders and the Other Affected Creditors for purposes of voting on such Plan and

  
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(y) an Order establishing a process for the solicitation and resolution of the claims of Other Affected Creditors, in each case on or prior to February 15, 2011, and such Orders shall be in
form and in substance satisfactory to Goodmans;”; 

  

	 	(e)	both instances of the words “(other than those defaults or events of default that are remedied or waived)” in Section 7(e) shall be deleted and replaced
with “(other than those defaults or events of default that are remedied or waived or which arise solely from the commencement of proceedings in respect of an Alternative Recapitalization Transaction, including proceedings under the CCAA)”;

  

	 	(f)	Section 7(g) of the Support Agreement shall be deleted in its entirety and replaced with the following: 

 

	 	“7(g)	the transactions contemplated by the FRN Support Agreement shall have been completed on or prior to the Effective Time and all documentation relating to such
transactions shall be in form and in substance reasonably satisfactory to the Consenting Noteholders;”; 

  

	 	(g)	Section 7(n) of the Support Agreement is hereby deleted in its entirety and replaced with the following: 

 

	 	“7(n)	the Settlement Agreement dated as of January 27, 2011 among Angiotech Pharmaceuticals, Inc., Angiotech Pharmaceuticals (US), Inc. Quill Medical, Inc., the entities
listed on Schedule “A” thereto, QSR Holdings, Inc., Dr. Gregory Ruff, and Matthew Megaro shall be in full force and effect as of the Implementation Date;”; 

 

	 	(h)	the following Section 7(n.1), Section 7(n.2) and Section 7(n.3) are hereby added to the Support Agreement after Section 7(n) and before
Section 7(o): 

  

	 	“7(n.1)	the aggregate amount of allowed claims held by Other Affected Creditors that are compromised in connection with the Recapitalization Transaction shall not exceed US$30
million; 

  

	 	7(n.2)	in the event that the Recapitalization Transaction proceeds by way of an Alternative Recapitalization Transaction, Houlihan Lokey shall have approved in advance any
cash flow forecast filed with the Court as part of any application to commence proceedings in respect of the Alternative Recapitalization Transaction; 

  

	 	7(n.3)	 the lease in respect of False Creek Research Park dated as of October 10, 2001 between Angiotech and Discovery

  
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Parks Incorporated shall have been amended and restated or otherwise addressed, including through resiliation or disclaimer, in a manner satisfactory to the Consenting Noteholders;”

  

	 	(i)	the reference to “March 12, 2011” in Section 7(o) of the Support Agreement is hereby deleted and replaced with “April 6, 2011”;

  

	 	(j)	the following Section 7(o.1) and Section 7(o.2) are hereby added to the Support Agreement after Section 7(o) and before Section 7(p):

  

	 	“7(o.1)	in the event that the Recapitalization Transaction proceeds by way of an Alternative Recapitalization Transaction, all of the following shall be in form and in
substance reasonably satisfactory to the Consenting Noteholders: (i) all materials filed by the Companies with the Court or any court of competent jurisdiction in the United States, Canada or any other jurisdiction that relate to the
Alternative Recapitalization Transaction; (ii) the initial order of the Court pursuant to which proceedings in respect of the Alternative Recapitalization Transaction are commenced; (iii) the terms of any credit agreement, documentation or
term sheet in relation to any DIP Facility; (iv) any order of the Court in respect of a DIP Facility; (v) the terms of any court-imposed charges on any of the assets, property or undertaking of any of the Companies, including without
limitation any administration charge, any charge in respect of the DIP Facility, any charge relating to inter-company lending and any directors’ and officers’ charge; (vi) any order of the Court accepting the filing of a Plan in
respect of the Recapitalization Transaction and calling a meeting of the Noteholders and the Other Affected Creditors for purposes of voting on such Plan; (vii) any order of the Court establishing a process for the solicitation and resolution
of the claims of Other Affected Creditors; (viii) any order of the Court sanctioning the Plan; and (ix) any other order granted in connection with the Alternative Recapitalization Transaction by the Court or any other court of competent
jurisdiction in Canada, the United States or any other jurisdiction; 

  

	 	7(o.2.)	any and all court-imposed charges on any assets, property or undertaking of any of the Companies shall have been discharged as at the Effective Time on terms acceptable
to the Consenting Noteholders;”; 

  

	 	(k)	 the words “(including the granting of an Order of the Court accepting the filing of the Plan in respect of the Recapitalization Transaction and
calling meetings of the 

  
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applicable classes of the Companies’ creditors for purposes of voting on such Plan)” in Section 10(a)(ii) of the Support Agreement are hereby deleted and replaced with
“(including the granting of an Order of the Court, in form and in substance acceptable to Goodmans, imposing a stay of proceedings in respect of the Companies and permitting the Companies to file a Plan in respect of the Recapitalization
Transaction)”; 

  

	 	(l)	the following Section 10(a)(iii.1), Section 10(a)(iii.2), Section 10(a)(iii.3) and Section 10(a)(iii.4) are hereby added to the Support Agreement
after Section 10(a)(iii) and before Section 10(a)(iv): 

  

	 	“10(a)(iii.1)	the FRN Exchange Offer has been initiated in a manner, on such terms and subject to such documentation as are reasonably satisfactory to the Consenting Noteholders on
or before February 7, 2011; 

  

	 	10(a)(iii.2)	in the event that the Recapitalization Transaction proceeds by way of an Alternative Recapitalization Transaction, Houlihan Lokey shall have approved in advance any
cash flow forecast filed with the Court as part of any application to commence proceedings in respect of the Alternative Recapitalization Transaction; 

  

	 	10(a)(iii.3)	in the event that the Recapitalization Transaction proceeds by way of an Alternative Recapitalization Transaction, interim financing sufficient to meet the needs of the
cash flow forecast approved by Houlihan Lokey pursuant to Section 10(a)(iii.2) hereof shall have been approved by the Court on terms reasonably acceptable to the Consenting Noteholders on or before February 5, 2011 and such interim
financing shall be accessible by the Companies on or before March 4, 2011; 

  

	 	10(a)(iii.4)	in the event the Recapitalization Transaction proceeds by way of an Alternative Recapitalization Transaction, the Court has granted (x) an Order accepting the
filing of a Plan in respect of the Recapitalization Transaction and calling a meeting of the Noteholders and the Other Affected Creditors for purposes of voting on such Plan and (y) an Order establishing a process for the solicitation and
resolution of the claims of Other Affected Creditors, in each case on or prior to February 15, 2011, with each such Order being in form and in substance satisfactory to Goodmans;”; 

 

	 	(m)	the reference to “January 18, 2011” in Section 10(a)(iii) of the Support Agreement is hereby deleted and replaced with “January 28, 2011”;

  
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	 	(n)	Section 10(g) of the Support Agreement shall be deleted in its entirety and replaced with the following: 

 

	 	“10(g)	the amendment, modification or filing of a pleading by the Companies or any one of them seeking to amend or modify the Recapitalization Terms, the Plan (if applicable),
the terms of the FRN Exchange Offer or any documents related to any of the foregoing in a manner not reasonably acceptable to the Consenting Noteholders;”; 

 

	 	(o)	Section 10(h) of the Support Agreement shall be deleted in its entirety and replaced with the following: 

 

	 	“10(h)	the occurrence of an “Event of Default” as defined in the Wells Fargo Facility, an “Event of Default” as defined in the FRN Indenture or any event
of default under any DIP Facility (other than those Events of Default or events of default under such documents that have been remedied or waived, or which arise solely from the commencement of proceedings in respect of an Alternative
Recapitalization Transaction, or which arise as a result of a failure to pay amounts due under the Subordinated Notes); provided, however, that if the Companies deliver a request to Goodmans as to whether the Consenting Noteholders intend to
exercise a termination right under this Section 10(h), the Consenting Noteholders may only terminate this Agreement under this Section 10(h) in respect of the particular Event of Default or event of default specified in such request within
five (5) Business Days following the delivery of such request to Goodmans, otherwise such termination right shall be deemed to be waived as to such Event of Default or events of default;”; 

 

	 	(p)	the reference to “January 15, 2011” in Section 10(i) shall be deleted and replaced with “March 15, 2011”; 

 

	 	(q)	the definition of “Court” in Schedule “B” of the Support Agreement is hereby deleted and replaced with the following:

 ““Court” means the Supreme Court of British Columbia.”; 

 

	 	(r)	the following definitions are hereby added to Schedule “B” of the Support Agreement in the applicable alphabetical order: 

““DIP Facility” means any interim financing facility or debtor-in-possession lending facility provided to the
Companies during proceedings in respect of an Alternative Recapitalization Transaction.; 

  
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 ““FRN Exchange Offer” means the exchange offer in respect of the
Floating Rate Notes as described in Section 5(c) of the FRN Support Agreement.”; and 
 ““Other Affected
Creditors” means, collectively, the creditors of the Companies other than the Noteholders whose claims are compromised, discharged and extinguished under the Alternative Recapitalization Transaction and/or pursuant to the Plan, and
“Other Affected Creditor” means any one of them.”; 
  

	 	(s)	the reference to the definition of “Quill Creditor” in Schedule “B” of the Support Agreement is hereby deleted; and 

 

	 	(t)	the following agreements are hereby added to the list of Material Contracts in Schedule “D” of the Support Agreement, provided that such agreements shall not
be deemed to be Material Contracts until such agreements have been executed by the applicable Companies and are in full force and effect, and provided further that such agreements shall not be subject to the Companies’ representation in
Section 3(m) of the Support Agreement that such agreements were delivered to or otherwise made available for review by Goodmans prior to the date of the Support Agreement: 

 

	 	“32.	The Settlement Agreement dated as of January 27, 2011 among Angiotech Pharmaceuticals, Inc., Angiotech Pharmaceuticals (US), Inc. Quill Medical, Inc., the entities
listed on Schedule “A” thereto, QSR Holdings, Inc., Dr. Gregory Ruff, and Matthew Megaro. 

  

	 	33.	Any credit agreement, term sheet or other agreement in respect of a DIP Facility.”. 

 

	4.	Support Agreement to apply in full force and effect 

 Except as expressly modified by the terms of this Fourth Amendment, the terms and conditions of the Support Agreement shall continue to apply in full force and effect, unamended. 

 

	5.	Consent to Alternative Recapitalization Transaction 

 The undersigned Consenting Noteholders hereby consent to the Companies proceeding with the Recapitalization Transaction by way of an Alternative Recapitalization Transaction. 

 

	6.	Miscellaneous 

  

	 	(a)	This Fourth Amendment may be modified, amended or supplemented as to any matter by an instrument in writing signed by the Companies and Consenting Noteholders that
represent not less than a majority of the aggregate principal amount of Subordinated Notes. 

  
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	 	(b)	This Fourth Amendment shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein,
without regard to principles of conflicts of law. Each of the parties to this Fourth Amendment submits to the jurisdiction of the courts of the Province of Ontario in any action or proceeding arising out of or relating to this Fourth Amendment.

  

	 	(c)	This Fourth Amendment may be signed in counterparts, each of which, when taken together, shall be deemed an original. Execution of this Fourth Amendment is effective if
a signature is delivered by facsimile transmission or electronic (e.g., pdf) transmission. 

 [The
remainder of this page is intentionally left blank] 

  
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 This Fourth Amendment has been agreed and accepted on the date first written above. 

 

			
	ANGIOTECH PHARMACEUTICALS, INC.
		
	By:	 	 /s/ K. Thomas Bailey

		 	Name: K. Thomas Bailey
		 	Title: Chief Financial Officer
	
	AFMEDICA, INC.;
	AMERICAN MEDICAL INSTRUMENTS HOLDINGS, INC.;
	ANGIOTECH AMERICA, INC.;
	ANGIOTECH BIOCOATINGS CORP.;
	ANGIOTECH DELAWARE, INC.;
	ANGIOTECH FLORIDA HOLDINGS, INC.;
	ANGIOTECH PHARMACEUTICALS (US), INC.;
	B.G. SULZLE, INC.;
	MANAN MEDICAL PRODUCTS, INC.;
	MEDICAL DEVICE TECHNOLOGIES, INC.;
	NEUCOLL, INC.;
	QUILL MEDICAL, INC.;
	SURGICAL SPECIALTIES CORPORATION;
	SURGICAL SPECIALTIES PUERTO RICO, INC.; and
	SURGICAL SPECIALTIES UK HOLDINGS LIMITED
		
	By:	 	 /s/ K. Thomas Bailey

		 	Name: K. Thomas Bailey
		 	Title: President

 
			
	ANGIOTECH INTERNATIONAL HOLDINGS CORP.; and
	
	0741693 B.C. LTD.
		
	By:	 	 /s/ Jay Dent

		 	Name: Jay Dent
		 	Title: President

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