Document:

<PAGE>
                                                                     Exhibit 4.2

                         FIRST SUPPLEMENTAL INDENTURE

     FIRST SUPPLEMENTAL INDENTURE, dated as of July 2, 2001 (this "Supplemental
Indenture"), among OWENS & MINOR, INC., a corporation duly organized and
existing under the laws of the Commonwealth of Virginia (the "Company"), having
its principal office at 4800 Cox Road, Glen Allen, Virginia 23060, each of the
GUARANTORS signatory hereto and SUNTRUST BANK, a banking corporation organized
under the laws of the State of Georgia, as Trustee (the "Trustee").

                                  WITNESSETH:

     WHEREAS, the Company, the Guarantors and the Trustee executed and delivered
an Indenture, dated as of July 2, 2001 (the "Indenture"), to provide for the
issuance by the Company from time to time of debt securities evidencing its
unsecured indebtedness;

     WHEREAS, pursuant to Board Resolution (the "Resolutions"), the Company has
authorized the issuance of $200,000,000 of its 8 1/2% Senior Subordinated Notes
Due 2011 (the "Notes"); and

     WHEREAS, the Company, the Guarantors and certain other parties named on the
signature page thereof entered into a Registration Rights Agreement, dated as of
the date hereof (as such agreement may be amended, modified or supplemented from
time to time, the "Registration Rights Agreement"), which contemplates (i) the
registration with the Securities and Exchange Commission (the "SEC") of the
issuance of the Notes and (ii) the consummation of an Exchange Offer (defined
below); and

     WHEREAS, the Company desires to establish the terms of the Notes in
accordance with Section 3.1 of the Indenture and to establish the form of the
Notes in accordance with Section 2.1 of the Indenture.

                                  ARTICLE I.
                                    TERMS

     Section 1.01  TERMS OF NOTES.  The following terms relating to the Notes
are hereby established:

     (1)  The Notes shall constitute a series of Securities having the title "8
1/2% Senior Subordinated Notes due 2011."

     (2)  The aggregate principal amount of the Notes that may be authenticated
and delivered under the Indenture (except for Notes authenticated and delivered
upon registration of transfer of, or in exchange for, or in lieu of, other Notes
pursuant to Sections 3.4, 3.5, 3.6, 8.6 or 11.7 of the Indenture or any
Securities that, pursuant to Section 3.3, are deemed never to have been
authenticated or delivered thereunder) shall be up to $200,000,000.
<PAGE>

     (3)  The entire outstanding principal of the Notes shall be payable on July
15, 2011 (the "Stated Maturity Date").

     (4)  The rate at which the Notes shall bear interest shall be 8 1/2%; (a)
with respect to the Notes, interest shall accrue from the date hereof; (b) the
Interest Payment Dates for the Notes on which interest will be payable shall be
January 15 and July 15 of each year, beginning January 15, 2002; the Regular
Record Dates for the interest payable on the Notes on any Interest Payment Date
shall be January 1 with respect to the January 15 Interest Payment Date and July
1 with respect to the July 15 Interest Payment Date; (c) Liquidated Damages, if
any, from time to time, shall be at the rate set forth in the Registration
Rights Agreement, dated as of July 2, 2001 among the Company, the Guarantors and
the Initial Purchasers named therein, to the extent lawful; and the basis upon
which interest shall be calculated shall be that of a 360-day year consisting of
twelve 30-day months.

     (5)  The place where the principal of (and premium, if any) and interest,
including Liquidated Damages, if any, with respect to and interest on the Notes
shall be payable and Notes may be surrendered for the registration of transfer
or exchange shall be the offices of the Trustee which, as of this writing, are
located at 919 East Main Street, 10th Floor, Richmond, Virginia 23219,
Attention: Corporate Trust Administration.  The place where notices or demands
to or upon the Company in respect of the Notes and the Indenture may be served
shall be the Corporate Trust Office of the Trustee.  If a Holder has given wire
transfer instructions to the Company, the Company shall pay all principal,
interest and premium and Liquidated Damages, if any, on that Holder's Notes in
accordance with those instructions. All other payments on Notes shall be made at
the office or agency of the Paying Agent and Security 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 addresses set forth in the register of
Holders. Holders must surrender the Notes to the paying agent for the Notes to
collect principal payment.

     (6)  The Notes shall be subject to redemption, at the option of the
Company, in whole or in part, at any time on or after July 15, 2006 and prior to
maturity, upon not less than 30 nor more than 60 days' notice mailed to each
Holder of Notes to be redeemed at his address appearing in the register for the
Notes, in amounts of $1,000 or an integral multiple of $1,000, at the following
redemption prices (expressed as percentages of principal amount) plus accrued
interest and Liquidated Damages, if any, to but excluding the date fixed for
redemption (subject to the right of Holders of record on the relevant Record
Date to receive interest due on any interest payment date that is on or prior to
the date fixed for redemption), if redeemed during the 12-month period beginning
on July 15 of the years indicated:

               Year                                     Redemption
               ----                                        Price
                                                           -----
               2006...............................        104.250%
               2007...............................        102.833%
               2008...............................        101.417%
               2009 and thereafter................        100.000%

                                       2
<PAGE>

     In addition, prior to July 15, 2004, the Company may redeem up to 35% of
the original principal amount of the Notes with the net cash proceeds received
by the Company from a public offering of Capital Stock of the Company (other
than Disqualified Stock), at a redemption price (expressed as a percentage of
the principal amount) of 108.500% of the principal amount thereof, plus accrued
and unpaid interest and Liquidated Damages, if any, to the date fixed for
redemption; provided, however, that at least 65% of the original principal
amount of the Notes remains outstanding immediately after any such redemption
(excluding any Notes owned by the Company or any of its Affiliates). Notice of
redemption pursuant to this paragraph must be mailed to holders of Notes not
later than 60 days following the consummation of such public offering.

     Selection of Notes for an partial redemption shall be made by the Trustee,
in accordance with the rules of an national securities exchange on which the
Notes may be listed or, if the Notes are not so listed, pro rata or by lot or in
such other manner as the Trustee shall deem appropriate and fair. Notes in
denominations larger than $1,000 may be redeemed in part but only in integral
multiples of $1,000. Notice of redemption shall be mailed before the date fixed
for redemption to each holder of Notes to be redeemed at his or her registered
address. On and after the date fixed for redemption, interest shall cease to
accrue on Notes or portions thereof called for redemption.

     (7)   Except as set forth in this Supplemental Indenture, the Notes shall
not be redeemable at the option of any Holder thereof, upon the occurrence of
any particular circumstances or otherwise. The Notes will not have the benefit
of any mandatory redemption or sinking fund.

     (8)   The Notes shall be issuable in denominations of $1,000 and any
integral multiple thereof.

     (9)   Payments of the principal of, Liquidated Damages, if any, with
respect to and interest on the Notes shall be made in U.S. Dollars, and the
Notes shall be denominated in U.S. Dollars.

     (10)  The Trustee shall also be the Security Registrar and Paying Agent.

     (11)  The entire outstanding principal amount of and any accrued interest,
if any, on Notes shall be payable upon declaration of acceleration of the
maturity thereof pursuant to Article 5 of the Indenture.

     (12)  The Notes will be payable on the Stated Maturity Date in an amount
equal to the principal amount thereof, Liquidated Damages, if any, plus any
accrued and unpaid interest accrued to the Stated Maturity Date.

     (13)  There shall be the following additions to the covenants set forth in
the Indenture with respect to the Notes, which shall be effective only for so
long as any of the Notes are Outstanding:

                                       3
<PAGE>

        (a)  Limitation on Certain Asset Dispositions.
             ----------------------------------------

          The Company shall not, and shall not permit any of its Restricted
Subsidiaries to, directly or indirectly, make one or more Asset Dispositions for
aggregate consideration of, or in respect of assets having an aggregate fair
market value of $5 million or more in any 12-month period, unless:

          (i)    the Company or the Restricted Subsidiary, as the case may be,
     receives consideration for such Asset Disposition at least equal to the
     fair market value of the assets sold or disposed of as determined by the
     Board of Directors of the Company in good faith and evidenced by a
     resolution of such Board of Directors filed with the Trustee;

          (ii)   not less than 75% of the consideration for the disposition
     consists of cash or readily marketable cash equivalents, Replacement Assets
     or the assumption of Indebtedness (other than non-recourse Indebtedness or
     any Indebtedness subordinated to the Notes) of the Company or such
     Restricted Subsidiary or other obligations relating to such assets (and
     release of the Company or such Restricted Subsidiary from all liability on
     the Indebtedness or other obligations assumed); and

          (iii)  all Net Available Proceeds, less any amounts invested within
     360 days of such Asset Disposition in assets related to the business of the
     Company (including the Capital Stock of another Person (other than the
     Company or any Person that is a Restricted Subsidiary of the Company
     immediately prior to such investment), provided, however, that immediately
     after giving effect to any such investment (and not prior thereto) such
     Person shall be a Guarantor), are applied, on or prior to the 360th day
     after such Asset Disposition, unless and to the extent that the Company
     shall determine to make an Offer to Purchase, either to (A) the permanent
     reduction and prepayment of any Senior Indebtedness then outstanding
     (including a permanent reduction of commitments in respect thereof) or (B)
     the permanent reduction and repayment of any Guarantor Senior Indebtedness
     then outstanding of any Restricted Subsidiary of the Company (including a
     permanent reduction of commitments in respect thereof).

          Any Net Available Proceeds from any Asset Disposition which is subject
     to the immediately preceding sentence that are not applied as provided in
     the immediately preceding sentence shall be used promptly after the
     expiration of the 360th day after such Asset Disposition, or promptly after
     the Company shall have earlier determined to not apply any Net Available
     Proceeds therefrom as provided in subclause (A) or (B) of clause (iii) of
     the immediately preceding sentence, to make an Offer to Purchase
     outstanding Notes at a purchase price in cash equal to 100% of their
     principal amount plus accrued interest and Liquidated Damages, if any, to
     the Purchase Date. Notwithstanding the foregoing, the Company may defer
     making any Offer to Purchase outstanding Notes until there are aggregate
     unutilized Net Available Proceeds from Asset Dispositions otherwise subject
     to the two immediately preceding sentences equal to or in excess of $5
     million (at which time, the entire unutilized Net Available Proceeds from
     Asset Dispositions otherwise subject to the two immediately preceding
     sentences, and not just the amount in excess of $5 million, shall be
     applied as required pursuant to this paragraph). If any Indebtedness of the
     Company ranking pari passu with the Notes requires that prepayment of, or
     an offer to prepay, such Indebtedness be made with any Net Available
     proceeds, the Company may apply any such Net Available Proceeds pro rata
     (based on the aggregate principal amount of the Notes then outstanding and
     the aggregate principal amount (or accreted value, if less) of all such
     other Indebtedness then outstanding) to the making of an Offer to Purchase
     the Notes in accordance with the foregoing provisions and the prepayment or
     the offer to prepay such pari passu Indebtedness. The Company shall make a
     further Offer to Purchase Notes in an amount equal to any such Net
     Available Proceeds not utilized to actually prepay such other Indebtedness

                                       4
<PAGE>

     at a purchase price in cash equal to 100% of the principal amount of the
     Notes plus accrued interest to the Purchase Date if the amount not so
     utilized equals or exceeds $5 million. Any remaining Net Available Proceeds
     following the completion of the required Offer to Purchase may be used by
     the Company for any other purpose (subject to the other provisions of the
     Indenture) and the amount of Net Available Proceeds then required to be
     otherwise applied in accordance with this covenant shall be reset to zero,
     subject to any subsequent Asset Disposition. These provisions shall not
     apply to a transaction consummated in compliance with the provisions
     described under Section 7.1 of the Indenture (as superceded by Section
     1.01(15) of the Supplemental Indenture).

          In the event that the Company makes an Offer to Purchase the Notes,
the Company shall comply with any applicable securities laws and regulations,
including any applicable requirements of Section 14(e) of, and Rule 14e-1 under,
the Exchange Act and any violation of the provisions of this Supplemental
Indenture or the Indenture relating to such Offer to Purchase occurring as a
result of such compliance shall not be deemed an Event of Default or an event
that with the passing of time or giving of notice, or both, would constitute an
Event of Default.

         (b)  Change of Control.
              -----------------

          (i)    Within 30 days following the date of the consummation of a
     transaction resulting in a Change of Control, the Company shall commence an
     Offer to Purchase all outstanding Notes at a purchase price in cash equal
     to 101% of their principal amount plus accrued interest and Liquidated
     Damages, if any, to the Purchase Date.

          (ii)   Such Offer to Purchase shall be consummated not earlier than 30
     days and not later than 60 days after the commencement thereof. Each Holder
     shall be entitled to tender all or any portion of the Notes owned by such
     Holder pursuant to the Offer to Purchase, subject to the requirement that
     any portion of a Note tendered must bear an integral multiple of $1,000
     principal amount. A "Change of Control" shall be deemed to have occurred in
     the event that (whether or not otherwise permitted hereunder or by the
     Indenture), after the Issue Date (a) any Person or any Persons acting
     together that would constitute a group (for purposes of Section 13(d) of
     the Exchange Act, or any successor provision thereto) (a "Group"), together
     with any Affiliates or Related Persons thereof, shall "beneficially own"
     (as defined in Rule 13d-3 under the Exchange Act, or any successor
     provision thereto) at least 35% of the voting power of the outstanding
     Voting Stock of the Company; (b) any sale, lease or other transfer (in one
     transaction or a series of related transactions) is made by the Company or
     any of its Subsidiaries of all or substantially all of the consolidated
     assets of the Company and its Restricted Subsidiaries to any Person other
     than a Wholly Owned Subsidiary of the Company which is a Guarantor (other
     than a Securitization Subsidiary or the Special Purpose Trust); (c)
     Continuing Directors cease to constitute at least a majority of the Board
     of Directors of the Company; or (d) the stockholders of the Company approve
     any plan or proposal for the liquidation or dissolution of the Company.

          (iii)  On the Purchase Date, the Company shall, to the extent lawful,
     (1) deposit with the Paying Agent an amount equal to the Offer to Purchase
     in respect of all Notes or portions thereof so tendered and (2) deliver or
     cause to be delivered to the Trustee the

                                       5
<PAGE>

     Notes so accepted together with an Officers' Certificate stating the
     aggregate principal amount of Notes or portions thereof being purchased by
     the Company. The Paying Agent shall promptly mail to each Holder of Notes
     so tendered payment in an amount equal to the purchase price for the 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 by such Holder,
     if any; provided, that each such new Note shall be in a principal amount of
     $1,000 or an integral multiple thereof. The Company shall publicly announce
     the results of the Offer to Purchase on or as soon as practicable after the
     Purchase Date.

          (iv) In the event that the Company makes an Offer to Purchase the
     Notes, the Company shall comply with any applicable securities laws and
     regulations, including any applicable requirements of Section 14(e) of, and
     Rule 14e-1 under, the Exchange Act and any violation of the provisions of
     the Indenture relating to such Offer to Purchase occurring as a result of
     such compliance shall not be deemed an Event of Default or an event that
     with the passing of time or giving of notice, or both, would constitute an
     Event of Default.

          (v)  If the Company does not obtain any required waiver or consent of
     the lenders under the Revolving Credit Agreement or repay such
     Indebtedness, the Company shall remain prohibited from repurchasing the
     Notes. In such event, the Company's failure to purchase tendered Notes
     would constitute an Event of Default under the Indenture which would in
     turn constitute a default under the Revolving Credit Facility and possibly
     other Senior Indebtedness.

          (vi) The Company shall not be required to make an Offer to Purchase in
     accordance with this covenant if a third party makes the Offer to Purchase
     in the manner, at the times and otherwise in compliance with the
     requirements set forth in the Indenture and this Supplemental Indenture
     applicable to an Offer to Purchase made by the Company and purchases all
     Notes properly tendered and not withdrawn under the Offer to Purchase.

         (c)   Limitation on Indebtedness.
               --------------------------

          The Company shall not, and shall not permit any of its Restricted
Subsidiaries to, Incur, directly or indirectly, any Indebtedness (including
Acquired Debt), except:

          (i)  Indebtedness (including Acquired Debt) of the Company or the
     Guarantors, if immediately after giving effect to the Incurrence of such
     Indebtedness and the receipt and application of the net proceeds thereof,
     the Consolidated Cash Flow Ratio of the Company for the four full fiscal
     quarters for which quarterly or annual financial statements are available
     preceding the Incurrence of such Indebtedness, calculated on a pro forma
     basis as if such Indebtedness had been Incurred on the first day of such
     four full fiscal quarters, would be greater than 2.00 to 1.00;

          (ii) Indebtedness of the Company, and guarantees of such Indebtedness
     by any Guarantor, Incurred under the Revolving Credit Facility in an
     aggregate principal amount outstanding at any one time not to exceed the
     greater of (x) $300 million less the aggregate amount of all Net Available
     Proceeds of Asset Sales applied by the Company or any of its Subsidiaries
     to repay any

                                       6
<PAGE>

     revolving credit Indebtedness under the Revolving Credit Facility and
     effect a corresponding commitment reduction thereunder pursuant to the
     covenant described under Section 1.01(13)(a) of this Supplemental
     Indenture; or (y) the sum of (A) 85% of Eligible Accounts Receivable and
     (B) 50% of Eligible Inventory;

          (iii) Indebtedness owed by the Company to any Guarantor or
     Indebtedness owed by a Restricted Subsidiary of the Company to the Company
     or a Guarantor; provided, however, upon either (I) the transfer or other
     disposition by such Subsidiary or the Company of any Indebtedness so
     permitted under this clause (iii) to a Person other than the Company or a
     Guarantor or (II) the issuance (other than directors' qualifying shares),
     sale, transfer or other disposition of shares of Capital Stock or other
     ownership interests (including by consolidation or merger) of such
     Guarantor to a Person other than the Company or another such Guarantor, the
     provisions of this clause (iii) shall no longer be applicable to such
     Indebtedness and such Indebtedness shall be deemed to have been Incurred at
     the time of any such issuance, sale, transfer or other disposition, as the
     case may be;

          (iv)  Indebtedness of the Company or its Restricted Subsidiaries under
     any interest rate or currency swap agreement to the extent entered into to
     hedge any other Indebtedness permitted hereunder or under the Indenture
     that are incurred in the normal course of business for the purpose of
     fixing or hedging currency, commodity or interest rate risk (including with
     respect to any floating or fixed rate Indebtedness that is permitted by the
     terms of the Indenture to be Outstanding in connection with the conduct of
     the Company or its Subsidiaries' businesses and not for speculative
     purposes) and any interest rate swap agreement entered into to hedge
     obligations under (x) any Qualified Securitization Transaction or (y) the
     Trust Obligations;

          (v)   Indebtedness Incurred to renew, extend, refinance or refund
     (collectively for purposes of this clause (v) to "refund") any Indebtedness
     outstanding on the Issue Date and Indebtedness Incurred under the prior
     clause (i) above or the Notes; provided, however, that (I) such
     Indebtedness does not exceed the principal amount (or accrual amount, if
     less) of Indebtedness so refunded plus the amount of any premium required
     to be paid in connection with such refunding pursuant to the terms of the
     Indebtedness refunded or the amount of any premium reasonably determined by
     the Company as necessary to accomplish such refunding by means of a tender
     offer, exchange offer, or privately negotiated repurchase, plus the
     expenses of the Company or such Restricted Subsidiary incurred in
     connection therewith and (II) (A) in the case of any refunding of (x)
     Indebtedness that is pari passu with the Notes and (y) the Trust
     Securities, such refunding Indebtedness is made pari passu with or
     subordinate in right of payment to the Notes, and, in the case of any
     refunding of Indebtedness that is subordinate in right of payment to the
     Notes, such refunding Indebtedness is subordinate in right of payment to
     the Notes on terms no less favorable to the Holders than those contained in
     the Indebtedness being refunded, (B) in either case, the refunding
     Indebtedness by its terms, or by the terms of any agreement or instrument
     pursuant to which such Indebtedness is issued, does not have an Average
     Life that is less than the remaining Average Life of the Indebtedness being
     refunded and does not permit redemption or other retirement (including
     pursuant to any required offer to purchase to be made by the Company or
     Restricted Subsidiary of the Company) of such Indebtedness at the option of
     the holder thereof prior to the final stated maturity of the Indebtedness
     being refunded, other than a redemption or other retirement at the option
     of the holder of such Indebtedness (including pursuant to a required offer
     to purchase made by the Company or a Restricted Subsidiary of the Company)
     which is conditioned upon a change of control of the Company pursuant to
     provisions substantially similar to those contained in Section 1.01(13)(b)
     of this Supplemental Indenture and (C) any Indebtedness Incurred to refund
     any other Indebtedness is Incurred by the obligor on the Indebtedness being
     refunded or by the Company;

                                       7
<PAGE>

          (vi)   Indebtedness of the Company or any Restricted Subsidiary
     consisting of guarantees, indemnities, hold backs or obligations in respect
     of purchase price adjustments in connection with the acquisition or
     disposition of assets, including, without limitation shares of Capital
     Stock of Subsidiaries, or contingent payment obligations incurred in
     connection with the acquisition or disposition of assets acquired or
     disposed of;

          (vii)  Indebtedness represented by (I) letters of credit for the
     account of the Company or any Restricted Subsidiary or (II) other
     obligations to reimburse third parties pursuant to any surety bond or other
     similar arrangements, to the extent that such letters of credit and other
     obligations, as the case may be, are intended to provide security for
     workers' compensation claims, payment obligations in connection with self-
     insurance, in connection with participation in government reimbursement or
     other programs or similar requirements in the ordinary course of business;

          (viii) the incurrence by the Company or any of its Restricted
     Subsidiaries of Indebtedness represented by Capital Lease Obligations,
     mortgage financings, or purchase money obligations, in each case, incurred
     for the purpose of financing all or any part of the purchase price or cost
     of construction or improvement of property, plant or equipment used in the
     business of the Company or such Restricted Subsidiary, in an aggregate
     principal amount, including all Indebtedness incurred to refund, refinance
     or replace any Indebtedness incurred pursuant to this clause (viii), not to
     exceed $15 million at any time outstanding;

          (ix)   Indebtedness of the Company under the Notes (excluding any
     additional debt securities issued under the Indenture from time to time)
     and Indebtedness of the Guarantors under the Guarantees;

          (x)    the Trust Obligations and the 2006 Notes;

          (xi)   the consummation of a Qualified Securitization Transaction; and

          (xii)  Indebtedness of the Company or its Restricted Subsidiaries, not
     otherwise permitted to be Incurred pursuant to clauses (i) through (xi)
     above, which, together with any other outstanding Indebtedness Incurred
     pursuant to this clause has an aggregate principal amount not in excess of
     $35 million at any time outstanding.

         (d)     Limitation on Restricted Payments.
                 ---------------------------------

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

          (i)    declare or pay any dividend, or make any distribution of any
     kind or character (whether in cash, property or securities), in respect of
     any class of its Capital Stock or to the holders thereof, excluding any (x)
     dividends or distributions payable solely in shares of its Capital Stock
     (other than Disqualified Stock) or in options, warrants or other rights to
     acquire its Capital Stock (other than Disqualified Stock), or (y) in the
     case of any Restricted Subsidiary of the Company, dividends or
     distributions payable to the Company or a Restricted Subsidiary of the
     Company (other than dividends or distributions payable to a Securitization
     Subsidiary or the Special Purpose Trust),

                                       8
<PAGE>

          (ii)   purchase, redeem, or otherwise acquire or retire for value
     shares of Capital Stock of the Company or any of its Restricted
     Subsidiaries, any options, warrants or rights to purchase or acquire shares
     of Capital Stock of the Company or any of its Restricted Subsidiaries or
     any securities convertible or exchangeable into shares of Capital Stock of
     the Company or any of its Restricted Subsidiaries, excluding any such
     shares of Capital Stock, options, warrants, rights or securities which are
     owned by the Company or a Restricted Subsidiary of the Company (other than
     any such shares, options, warrants or rights that are owned by a
     Securitization Subsidiary or the Special Purpose Trust),

          (iii)  make any Investment in (other than a Permitted Investment), or
     payment on a guarantee of any obligation of, any Person, other than the
     Company or a Guarantor, or

          (iv)   redeem, defease, repurchase, retire or otherwise acquire or
     retire for value, prior to any scheduled maturity, repayment or sinking
     fund payment, Indebtedness which is subordinate in right of payment to the
     Notes,

     (each of the transactions described in clauses (i) through (iv) (other than
any exception to any such clause) being a "Restricted Payment") if at the time
thereof:

               (1)  an Event of Default, or an event that with the passing of
     time or giving of notice, or both, would constitute an Event of Default,
     shall have occurred and be continuing, or

               (2)  upon giving effect to such Restricted Payment, the Company
     could not Incur at least $1.00 of additional Indebtedness pursuant to the
     terms of the Indenture described in clause (i) of Section 1.01(13)(c)
     above, or

               (3)  upon giving effect to such Restricted Payment, the aggregate
     of all Restricted Payments made on or after the Issue Date exceeds the sum
     of:

                    (a)  50% of cumulative Consolidated Net Income of the
               Company (or, in the case cumulative Consolidated Net Income of
               the Company shall be negative, less 100% of such deficit) since
               January 1, 2001 through the last day of the fiscal quarter for
               which financial statements are available; plus

                    (b)  100% of the aggregate net proceeds received after the
               Issue Date, from the issuance of Capital Stock (other than
               Disqualified Stock) of the Company and warrants, rights or
               options on Capital Stock (other than Disqualified Stock) of the
               Company (other than in respect of any such issuance to a
               Restricted Subsidiary of the Company) and the principal amount of
               Indebtedness of the Company or any of its Restricted Subsidiaries
               (other than a Securitization Subsidiary) that has been converted
               into or exchanged for Capital Stock of the Company; plus (c) in
               the case of the disposition or repayment of any Investment
               constituting a Restricted Payment made after the Issue Date, an
               amount equal to the lesser of the return of capital with respect
               to such Investment and the cost of such Investment, in either
               case, less the cost of the disposition of such Investment;
               provided, however, that at the time any such Investment is

                                       9
<PAGE>

               made the Company delivers to the Trustee a resolution of its
               Board of Directors to the effect that, for purposes of this
               Section 1.01(13)(d), such Investment constitutes a Restricted
               Payment made after the Issue Date.

     The foregoing provision will not be violated by:

          (i)    any dividend on any class of Capital Stock of the Company or
     any Restricted Subsidiary of the Company paid within 90 days after the
     declaration thereof if, on the date when the dividend was declared, the
     Company or such Restricted Subsidiary, as the case may be, could have paid
     such dividend in accordance with the provisions of the Indenture;

          (ii)   the payments of distribution on any of the outstanding Trust
     Securities, in accordance with the terms thereof as in effect on the Issue
     Date;

          (iii)  the renewal, extension, refunding or refinancing of any
     Indebtedness (including, without limitation, the Trust Securities)
     otherwise permitted pursuant to the terms of the Indenture described in
     clause (v) of Section 1.01(13)(c) above;

          (iv)   the exchange or conversion of any Indebtedness of the Company
     or any Restricted Subsidiary of the Company (other than a Securitization
     Subsidiary) for or into Capital Stock of the Company (other than
     Disqualified Stock of the Company);

          (v)    any payments, loans or other advances made pursuant to any
     employee benefit plans (including plans for the benefit of directors) or
     employment agreements or other compensation arrangements, in each case as
     approved by the Board of Directors of the Company in its good faith
     judgment;

          (vi)   the redemption of the Company's rights issued pursuant to the
     Amended and Restated Rights Agreement, dated as of May 10, 1994, between
     the Company and Bank of New York, as successor Rights Agent, in an amount
     per right issued thereunder not to exceed that in effect on the Issue Date;

          (vii)  so long as no Default or Event of Default has occurred and is
     continuing, any investment made with the proceeds of a substantially
     concurrent sale of Capital Stock of the Company (other than Disqualified
     Stock); provided, however, that the proceeds of such sale of Capital Stock
     shall not be (and have not been) included in subclause (b) of clause (3) of
     the preceding paragraph;

          (viii) the redemption, repurchase, retirement or other acquisition of
     any Capital Stock of the Company or the Trust Securities, in exchange for
     or out of the net cash proceeds of the substantially concurrent sale (other
     than to a Restricted Subsidiary of the Company) of Capital Stock of the
     Company (other than Disqualified Stock) ; provided, however, that the
     proceeds of such sale of Capital Stock shall not be (and have not been)
     included in subclause (b) of clause (3) of the preceding paragraph;

          (ix)   so long as no Default or Event of Default has occurred and is
     continuing, the payment of cash dividends on the Company's Common Stock not
     to exceed $0.085 per share then outstanding in any fiscal quarter of the
     Company; or

          (x)    so long as no Default or Event of Default has occurred and is
     continuing, the redemption,  repurchase, retirement or other acquisition of
     the Trust Securities or the

                                       10
<PAGE>

     repurchase, retirement or other acquisition of the Company's common stock
     if after giving pro forma effect thereto (including without limitation the
     financing thereof) the Company's Consolidated Cash Flow Ratio would be
     greater than or equal to 3.00 to 1.00; provided, however, that the
     aggregate amount expended pursuant to this clause (x) to redeem,
     repurchase, retire or otherwise acquire the Company's common stock shall
     not exceed $35 million.

     Each Restricted Payment described in clauses (i), (iv), (v) (only to the
extent such payment, loan or advance is outside the ordinary cause of business)
and (vi) of the previous sentence shall be taken into account for purposes of
computing the aggregate amount of all Restricted Payments pursuant to clause (3)
of the preceding paragraph.

         (e) Limitations Concerning Distributions and Transfers by Subsidiaries.
             ------------------------------------------------------------------

           The Company shall not, and shall not permit any of its Restricted
Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to
exist any consensual encumbrance or restriction on the ability of any Restricted
Subsidiary of the Company to

           (i)      pay, directly or indirectly, dividends or make any other
    distributions in respect of its Capital Stock or pay any Indebtedness or
    other obligation owed to the Company or any Restricted Subsidiary of the
    Company,

           (ii)     make loans or advances to the Company or any Restricted
    Subsidiary of the Company or guarantee any Indebtedness of the Company or
    any of its Restricted Subsidiaries or

           (iii)    transfer any of its property or assets to the Company or any
    Restricted Subsidiary of the Company,

except for such encumbrances or restrictions existing under or by reason of:

                    (a) any agreement in effect on the Issue Date (including
          pursuant to the Revolving Credit Facility and agreements entered into
          in connection therewith) as any such agreement is in effect on such
          date,

                    (b) any agreement relating to any Indebtedness incurred by
          such Restricted Subsidiary prior to the date on which such Restricted
          Subsidiary was acquired by the Company and outstanding on such date
          and not incurred in anticipation or contemplation of becoming a
          Restricted Subsidiary and provided such encumbrance or restriction
          shall not apply to any assets of the Company or its Subsidiaries other
          than such Restricted Subsidiary,

                    (c) customary provisions contained in an agreement which has
          been entered into for the sale or disposition of all or substantially
          all of the Capital Stock or assets of such Restricted Subsidiary;
          provided, however, that such encumbrance or restriction is applicable
          only to such Restricted Subsidiary or assets,

                    (d) an agreement effecting a renewal, exchange, refunding,
          amendment or extension of Indebtedness incurred pursuant to an
          agreement referred to in clause (a) or

                                       11
<PAGE>

          (b) above; provided, however, that the provisions contained in such
          renewal, exchange, refunding, amendment or extension agreement
          relating to such encumbrance or restriction are no more restrictive in
          any material respect than the provisions contained in the agreement
          that is the subject thereof in the reasonable judgment of the Board of
          Directors of the Company as evidenced by a resolution of such Board of
          Directors filed with the Trustee,

                    (e)  the Indenture,

                    (f)  applicable law,

                    (g)  customary provisions restricting subletting or
          assignment of any lease governing any leasehold interest of any
          Restricted Subsidiary of the Company,

                    (h)  Indebtedness or any other contractual requirements
          (including pursuant to any corporate governance documents in the
          nature of a charter or by-laws) of a Securitization Subsidiary or the
          Special Purpose Trust arising in connection with a Qualified
          Securitization Transaction or the Trust Obligations, respectively;
          provided, however, that any such encumbrance or restriction applies
          only to such Securitization Subsidiary or the Special Purpose Trust,
          as the case may be, and obligations of Restricted Subsidiaries to
          transfer Receivables and Receivables Related Assets to a
          Securitization Subsidiary in a Qualified Securitization Transaction,

                    (i) purchase money obligations for property acquired in the
          ordinary course of business that impose restrictions of the type
          referred to in clause (iii) of this covenant, or

                    (j)  restrictions of the type referred to in clause (iii) of
          this covenant contained in security agreements securing Indebtedness
          of a Restricted Subsidiary of the Company to the extent that such
          Liens were otherwise incurred in accordance with Section 1.01(13)(f)
          below and restrict the transfer of property subject to such
          agreements.

          (f)  Limitation on Liens.
               -------------------

          The Company shall not, and shall not permit any of its Restricted
Subsidiaries to, Incur any Lien on or with respect to any property or assets of
the Company or any Restricted Subsidiary of the Company owned on the Issue Date
or thereafter acquired or on the income or profits thereof to secure
Indebtedness without making, or causing such Restricted Subsidiary to make,
effective provision for securing the Notes (and, if the Company shall so
determine, any other Indebtedness of the Company or such Restricted Subsidiary,
including Indebtedness which is subordinate in right of payment to the Notes;
provided, however, that Liens securing the Notes and any Indebtedness pari passu
with the Notes are senior to such Liens securing such subordinated indebtedness)
equally and ratably with such Indebtedness or, in the event such Indebtedness is
subordinate in right of payment to the Notes or the Guarantees, prior to such
Indebtedness, as to such property or assets for so long as such Indebtedness
shall be so secured. The foregoing restrictions shall not apply to

          (i)   Liens securing Senior Indebtedness of the Company or Guarantor
     Senior Indebtedness;

          (ii)  Liens securing only the Notes;

                                       12
<PAGE>

          (iii) Liens in favor of the Company;

          (iv)  Liens to secure Indebtedness (including, without limitation,
     Capital Lease Obligations) permitted by clause (viii) of Section
     1.01(13)(c); provided, however, that

                (a) the aggregate principal amount of any Indebtedness secured
          by such a Lien does not exceed 100% of such purchase price or cost,

                (b) such Lien does not extend to or cover any other property
          other than such item of property and any improvements on such item,

                (c) the Indebtedness secured by such Lien is Incurred by the
          Company or its Restricted Subsidiary within 180 days of the
          acquisition, construction or improvement of such property and

                (d) the Incurrence of such Indebtedness is permitted by the
          provisions of the Indenture described under Section 1.01(13)(c) above;

          (v)   Liens on property existing immediately prior to the time of
     acquisition thereof (and not created in anticipation or contemplation of
     the financing of such acquisition),

          (vi)  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 (and not created in anticipation or contemplation
     thereof);

          (vii) Liens on property of the Company or any Restricted Subsidiary
     of the Company in favor of the United States of America, any state thereof,
     or any instrumentality of either to secure payments pursuant to any
     contract or statute;

          (viii) Liens granted in connection with any Qualified Securitization
     Transaction;

          (ix)   Liens existing on the Issue Date securing Indebtedness existing
     on the Issue Date;

          (x)    Liens to secure Indebtedness Incurred to extend, renew,
     refinance or refund (or successive extensions, renewals, refinancings or
     refundings), in whole or in part, any Indebtedness secured by Liens
     referred to in the foregoing clauses (i) through (ix) so long as such Liens
     do not extend to any other property and the principal amount of
     Indebtedness so secured is not increased except for the amount of any
     premium required to be paid in connection with such renewal, refinancing or
     refunding pursuant to the terms of the Indebtedness renewed, refinanced or
     refunded or the amount of any premium reasonably determined by the Company
     as necessary to accomplish such renewal, refinancing or refunding by means
     of a tender offer, exchange offer or privately negotiated repurchase, plus
     the expenses of the Company or such Restricted Subsidiary incurred in
     connection with such renewal, refinancing or refunding; and

          (xi)   Liens in favor of the Trustee as provided for in the Indenture
     on money or property held or collected by the Trustee in its capacity as
     Trustee.

                                       13
<PAGE>

          (g)   Limitation on Transactions with Affiliates and Related Persons.
                --------------------------------------------------------------

          The Company shall not, and shall not permit any of its Restricted
Subsidiaries to, enter into, directly or indirectly, any transaction with an
Affiliate or Related Person of the Company (other than the Company or a
Restricted Subsidiary of the Company), including, without limitation, the
purchase, sale, lease or exchange of property, the rendering of any service, or
the making of any guarantee, loan, advance or Investment, either directly or
indirectly, which transaction involves aggregate consideration in excess of
$500,000, unless

          (i)  such transaction is on terms no less favorable to the Company or
     such Restricted Subsidiary, as the case may be, than those that could be
     obtained in a comparable arm's-length transaction with an entity that is
     not an Affiliate or a Related Person, which determination in the case of a
     transaction or series of related transactions involving aggregate
     consideration in excess of $2.5 million shall be evidenced by a resolution
     of a majority of the disinterested directors of the Board of Directors of
     the Company filed with the Trustee; and

          (ii) with respect to any transaction contemplated by this section or a
     series of related transactions involving aggregate consideration in excess
     of $10 million, the Company delivers to the Trustee, an opinion as to the
     fairness to the Holders of such transaction from a financial point of view
     issued by an accounting, appraisal or investment banking firm of national
     standing in the United States. The provisions of this covenant shall not
     apply to

               (a)  any Qualified Securitization Transaction or the Trust
          Obligations,

               (b)  any employment agreement entered into by the Company or any
          of its Restricted Subsidiaries in the ordinary course of business,

               (c)  transactions permitted by the provisions of the Indenture
          described above under Section 1.01(13)(d) above,

               (d)  the payment of reasonable fees to directors of the Company
          or its Restricted Subsidiaries, and

               (e)  Investments in employees in the ordinary course of business.

         (h)   Limitation on Senior Subordinated Indebtedness
               ----------------------------------------------

          The Company (i) shall not directly or indirectly Incur any
Indebtedness that by its terms would expressly rank senior in the right of
payment to the Notes and expressly rank subordinate in right of payment to any
Senior Indebtedness and (ii) shall not permit any Guarantor to and no Guarantor
will directly or indirectly Incur any Indebtedness that by its terms would
expressly rank senior in right of payment to the Guarantee of such Guarantor and
expressly rank subordinate in right of payment to any Guarantor Senior
Indebtedness.

         (i)   Provision of Financial Information.
               ----------------------------------

          Whether or not the Company is subject to Section 13(a) or 15(d) of the
Exchange Act, or any successor provision thereto, the Company shall file with
the Commission the annual reports, quarterly reports and other documents which
the Company would have been required to file with the Commission pursuant to
such Section 13(a) or 15(d) or any successor provision

                                       14
<PAGE>

thereto if the Company were so required, such documents to be filed with the
Commission on or prior to the respective dates (the "Required Filing Dates") by
which the Company would have been required so to file such documents if the
Company were so required. The Company shall also in any event (a) within 15 days
of each Required Filing Date (i) transmit by mail to all Holders, as their names
and addresses appear in the Note Register, without cost to such Holders, and
(ii) file with the Trustee, copies of the annual reports, quarterly reports and
other documents which the Company is required to file with the Commission
pursuant to the preceding sentence, and (b) if, notwithstanding the preceding
sentence, filing such documents by the Company with the Commission is not
permitted under the Exchange Act, promptly upon written request supply copies of
such documents to any prospective Holder.

         (j) Designation of Restricted and Unrestricted Subsidiaries.
             -------------------------------------------------------

          The Board of Directors 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 Restricted Subsidiary properly designated will be
deemed to be an Investment made as of the time of the designation and will
reduce the amount available for Restricted Payments under the first paragraph of
the covenant described above under Section 1.01(13)(d) or Permitted Investments,
as determined by the Company.  That designation will 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 may redesignate any Unrestricted Subsidiary to be a Restricted
Subsidiary if the redesignation would not cause a Default.

         (k)   Limitation on Issuance and Sale of Capital Stock of Subsidiaries

         The Company (a) shall not, and shall not permit any Restricted
Subsidiary of the Company to, transfer, convey, sell or otherwise dispose of any
shares of Capital Stock of such Restricted Subsidiary or any other Restricted
Subsidiary (other than to the Company or a Guarantor), except that the Company
and any Restricted Subsidiary may, in any single transaction, sell all, but not
less than all, of the issued and outstanding Capital Stock of any Restricted
Subsidiary to any Person, subject to complying with the provisions of the
Indenture described under Section 1.01(13)(a) above and (b) shall not permit any
Restricted Subsidiary of the Company to issue shares of its Capital Stock (other
than directors' qualifying shares), or securities convertible into, or warrants,
rights or options to subscribe for or purchase shares of, its Capital Stock to
any Person other than to the Company or a Guarantor. This covenant will not
apply to the Trust Obligations or obligations incurred in connection with a
transaction similar to the Trust Obligations in connection with a refinancing,
refunding or replacement of the Trust Obligations.

     (14) In addition to the Events of Default set forth in Section 5.1 of the
Indenture, the Notes shall include the following additional Events of Default
designated as clauses (k) and (l) of such Section, which shall be deemed Events
of Default under Section 5.1 of the Indenture:

          (k)  failure to perform or comply with the provisions of Section 7.1
     of the Indenture (as superseded by subsection 15 of Section 1.01 of the
     Supplemental Indenture) or the provisions of Sections 1.01(13)(a) and (b)
     of the Supplemental Indenture.

                                       15
<PAGE>

          (l)  default in payment of principal of and interest on the Notes
     required to be purchased pursuant to an Offer to Purchase described under
     Sections 1.01(13)(a) of the Supplemental Indenture and (b) when due and
     payable (whether or not prohibited by the provisions of Article 17 of the
     Indenture).

     (15) Section 7.1 of the Indenture is hereby superseded by the following in
respect of the Notes:

          The Company shall not, directly or indirectly:

          (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, in one or more related transactions, to another
Person, unless:

               (a) 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
          organized or existing under the laws of the United States, any state
          of the United States or the District of Columbia;

               (b) 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 been made
          assumes all the obligations of the Company under the Notes, the
          Indenture and the Registration Rights Agreement pursuant to agreements
          reasonably satisfactory to the Trustee;

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

               (d) 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 will, 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,
          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 the covenant described above under Section
          1.01(13)(c).

          The provisions of this paragraph shall not apply to any merger of a
Restricted Subsidiary (other than the Securitization Subsidiary or O&M Trust) of
the Company with or into the Company or a Restricted Subsidiary of the Company
(other than a Securitization Subsidiary or O&M Trust).

     (16) The Notes shall not be issuable as Bearer Securities.

                                       16
<PAGE>

     (17) Interest on any Note shall be payable only to the Person in whose name
that Note (or one or more predecessor Notes thereof) is registered at the close
of business on the Regular Record Date for such interest.

     (18) Article 4 of the Indenture shall be applicable to the Notes.

     (19) The Notes shall not be issuable in definitive form except under the
circumstances described in Section 2.1 of the Indenture.

     (20) The Notes shall not be subordinated to any debt of the Company other
than Senior Indebtedness, and shall constitute senior subordinated unsecured
obligations of the Company.

     (21) Section 5.7 of the Indenture is hereby superseded by the following in
respect of the Notes:

         SECTION 5.7  WAIVER OF PAST DEFAULTS.
                      ------------------------

          THE HOLDERS OF NOT LESS THAN A MAJORITY IN AGGREGATE PRINCIPAL AMOUNT
OF OUTSTANDING SECURITIES OF ANY SERIES BY WRITTEN NOTICE TO THE TRUSTEE MAY
WAIVE ON BEHALF OF THE HOLDERS OF ALL SECURITIES OF SUCH SERIES AND ANY INTEREST
COUPONS APPERTAINING THERETO A PAST DEFAULT OR EVENT OF DEFAULT WITH RESPECT TO
THAT SERIES AND ITS CONSEQUENCES EXCEPT A DEFAULT OR EVENT OF DEFAULT (I) IN THE
PAYMENT OF THE PRINCIPAL OF, PREMIUM, IF ANY, OR INTEREST ON ANY SECURITY OF
SUCH SERIES OR ANY INTEREST COUPON APPERTAINING THERETO, (II) IN RESPECT OF AN
AGREEMENT OR PROVISION HEREOF WHICH PURSUANT TO ARTICLE 8 CANNOT BE AMENDED OR
MODIFIED WITHOUT THE CONSENT OF THE HOLDER OF EACH OUTSTANDING SECURITY OF SUCH
SERIES AFFECTED OR (III) ARISING FROM FAILURE TO PURCHASE ANY NOTE TENDERED
PURSUANT TO AN OFFER TO PURCHASE.  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.

     (22) In addition to the items set forth in Section 8.2, such section shall
include the following additional subsection designated as subsection (j) of
Section 8.2:

         (j)   modify the provisions relating to any Offer to Purchase (required
     pursuant to Section 1.01(13)(b) of the Supplemental Indenture) in a manner
     materially adverse to the Holders.

     (23) In addition to the items set forth in Section 15.3 of the Indenture
regarding release of Guarantors, the following shall be additional releases:

          If all or substantially all of the assets of any Guarantor or all of
     the Capital Stock of any Guarantor is sold (including by issuance or
     otherwise) by the Company or any of its Subsidiaries in a transaction
     constituting an Asset Disposition, and if (1) the Net Available Proceeds
     from such Asset Disposition are used in accordance with Section 1.01(13)(a)
     of this Supplemental Indenture or the Company delivers to the Trustee and

                                       17
<PAGE>

     Officers' Certificate to the effect that the Net Available Proceeds from
     such Asset Disposition shall be used in accordance with provisions of
     Section 1.01(13)(a) of this Supplemental Indenture and within the time
     limits specified by such section or the Company designates any Restricted
     Subsidiary that is a Guarantor as an Unrestricted Subsidiary in accordance
     with the applicable provisions herein, then in each such case such
     Guarantor (in the event of a sale or other disposition of all the Capital
     Stock of such Guarantor or in the event of designation of a Restricted
     Subsidiary as an Unrestricted Subsidiary) or the corporation acquiring such
     assets (in the event of a sale or other disposition of all or substantially
     all of the assets of such Guarantor) then such Guarantor shall be deemed
     released from all obligations under Article 15 of the Original Indenture
     without any further action required on the part of the Trustee or any
     Holder. The Trustee shall, at the sole cost and expense of the Company and
     upon receipt at the reasonable request of the Trustee of an Opinion of
     Counsel that the provisions of Section 15.3 of the Original Indenture have
     been complied with, deliver an appropriate instrument evidencing such
     release upon receipt of a request by the Company accompanied by an
     Officers' Certificate certifying as to the compliance with this Section.
     Any Guarantor not so released remains liable for the full amount of
     principal of and interest on the Securities and the other obligations of
     the Company hereunder as provided in Article 15 of the Original Indenture.

     (24) The following sections of this Supplemental Indenture shall be subject
to the provisions of Section 18.3 of the Original Indenture specifically and the
provisions of Article 18 of the Original Indenture generally:

     Sections 1.01(13)(a), (b), (c), (d), (e), (f), (g), (h), (j), (k) and
subclause (d) of clause (2) of Section 15.

     (25) In addition to the matters included herein and in the Indenture, the
following is considered to be a term of the Notes:

          During any period of time that the Notes have an Investment Grade
Rating from both of the Rating Agencies and no Default has occurred and is
continuing under the Indenture, the Company and its Restricted Subsidiaries
shall not be subject to the provisions described below under the following
sections hereunder:  1.01(13)(a); 1.01(13)(c); 1.01(13)(d); 1.01(13)(e);
1.01(13)(g); 1.01(13)(h); and 1.01(13)(k) (collectively, the "Suspended
Covenants"); provided, however, such covenants shall not be suspended if the
Investment Grade Rating was obtained, directly or indirectly, by the Company's
merger, consolidation or otherwise with a Person that had an Investment Grade
Rating from either of the Rating Agencies and the Company at such time did not
have an Investment Grade Rating from both of the Rating Agencies and provided,
further, the covenants described under the following sections: Section 7.1 of
the Indenture (as superceded by Section 1.01(15) of the Supplemental Indenture;
1.01(13)(b); 1.01(13)(f); 1.01(13)(i); and 1.01(13)(j) shall not be so
suspended; and provided further, that if the Company and its Restricted
Subsidiaries are not subject to the Suspended Covenants for any period of time
as a result of the preceding sentence and, subsequently, a Rating Agency which
had given the Notes an Investment Grade Rating withdraws its rating or
downgrades the rating assigned to the Notes below the Investment Grade Ratings
so that the Notes do not have an Investment Grade Rating from both Rating
Agencies, or a Default (other than with respect to the Suspended Covenants)
occurs and is continuing, the Company and its Restricted Subsidiaries shall
thereafter again be subject to the Suspended Covenants, subject to the terms,
conditions and obligations set forth in this Supplemental Indenture and in the
Indenture (each such date of reinstatement being the "Reinstatement Date"),
including those set forth in the preceding sentence.

                                       18
<PAGE>

Compliance with the Suspended Covenant with respect to Restricted Payments made
after the Reinstatement Date shall be calculated in accordance with the terms of
the covenant described under Section 1.01(13)(d) as though such covenant had
been in effect during the entire period of time from which the Notes are issued.
As a result, during any period in which the Company and its Restricted
Subsidiaries are not subject to the Suspended Covenants, the Notes shall be
entitled to substantially reduced covenant protection.

     Section 1.02  SECTION FORMS.

     (1) Attached hereto as Exhibit A is a true and correct copy of the Form of
                            ---------
Note representing the Company's Notes.

     (2) Attached hereto as Exhibit B is a true and correct copy of a specimen
                            ---------
certificate of transfer.

     (3) Attached hereto as Exhibit C is a true and correct copy of a specimen
                            ---------
certificate of exchange.

     (4) Attached hereto as Exhibit D is a true and correct copy of a specimen
                            ---------
certificate from acquiring institutional accredited investor.

     (5) The form of Guarantee shall be as set forth in Section 2.3 of the
Indenture.

                                  ARTICLE II.
                             TRANSFER AND EXCHANGE

     Section 2.01  SECTION GENERAL.   Sections 2.4, 3.2 and 3.3 of the Indenture
are hereby supplemented as follows:

     (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.  Each Note shall be dated the date of its authentication.  The Notes
shall be in denominations of $1,000 and integral multiples thereof.

     The terms and provisions contained in the Notes shall constitute, and are
hereby expressly made, a part of this Supplemental Indenture and the Company,
the Guarantors and the Trustee, by their execution and delivery of this
Supplemental 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 Supplemental Indenture, the provisions of this
Supplemental Indenture shall govern and be controlling.

     (b) Global Notes. 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
attached hereto (but without the Global Note Legend thereon and without the
"Schedule of Exchanges of Interests in the Global Note" attached thereto).  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

                                       19
<PAGE>

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 or the Custodian, at the direction of the Trustee, in
accordance with instructions given by the Holder thereof as required by Section
2.02 of this Supplemental Indenture.

     (c) 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 Global Notes that are held by Participants
through Euroclear or Clearstream.

     Section 2.02  SECTION REGISTRATION, TRANSFER AND EXCHANGE.   Section 3.5 of
the Indenture is hereby modified and superseded in its entirety as follows in
respect of the Notes:

     (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 will 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 90 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 has occurred and is
continuing a Default or Event of Default with respect to the Notes.  Upon the
occurrence of either 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 3.6 and 3.4 of the Indenture.  Every Note
authenticated and delivered in exchange for, or in lieu of, a Global Note or any
portion thereof, pursuant to this Section 2.02 or Section 3.6 or 3.4 of the
Indenture, 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 2.02(a), however, beneficial interests in a Global Note
may be transferred and exchanged as provided in Section 2.02(b), (c) or (f) of
this Supplemental Indenture.

     (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
Supplemental Indenture and the Applicable Procedures.  Beneficial interests in
the Restricted Global Notes shall be subject to restrictions on transfer
comparable to those set forth in this Supplemental Indenture 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:

                                       20
<PAGE>

         (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; provided, however,
     that prior to the expiration of the Restricted Period, transfers of
     beneficial interests in the 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). 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. No written orders or
     instructions shall be required to be delivered to the Registrar to effect
     the transfers described in this Section 2.02(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 2.02(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) (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 (1) above.  Upon consummation of an Exchange
     Offer by the Company in accordance with Section 2.02(f) of this
     Supplemental Indenture, the requirements of this Section 2.02(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
     satisfaction of all of the requirements for transfer or exchange of
     beneficial interests in Global Notes contained in this Supplemental
     Indenture and the Notes or otherwise applicable under the Securities Act,
     the Trustee shall adjust the principal amount of the relevant Global
     Note(s) pursuant to Section 2.02(h) of this Supplemental Indenture.

         (iii) Transfer of Beneficial Interests 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 2.02(b)(ii) above and the
     Registrar receives the following:

                (A)  if the transferee will take delivery in the form of a
         beneficial interest in the 144A Global Note, then the transferor must
         deliver a certificate

                                       21
<PAGE>

         in the form of Exhibit B hereto, including the certifications in item
         (1) thereof;

                (B)  if the transferee will take delivery in the form of a
         beneficial interest in 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 will 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 the 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 if the exchange or
     transfer complies with the requirements of Section 2.02(b)(ii) above and:

                (A) such exchange or transfer is effected pursuant to the
         Exchange Offer in accordance with the applicable 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, certifies in the applicable Letter of Transmittal that it is
         not (1) a broker-dealer, (2) a Person participating in the distribution
         of the Exchange Notes or (3) a Person who is an affiliate (as defined
         in Rule 144) of the Company;

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

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

                (D) the Registrar receives 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

                                       22
<PAGE>

              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 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 in this
         Supplemental Indenture and in the Private Placement Legend are no
         longer required in order to maintain compliance with the Securities
         Act.

     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 3.3 of the Indenture, 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.

     Beneficial interests in an Unrestricted Global Note cannot be exchanged
for, or transferred to Persons who take delivery thereof in the form of, a
beneficial interest in a Restricted Global Note.

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

          (i)  Beneficial Interests in Restricted Global Notes to Restricted
     Definitive Notes.  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 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

                                       23
<PAGE>

         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

               (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 2.02(h) of this
     Supplemental Indenture, and the Company shall execute and the Trustee shall
     authenticate and deliver to the Person designated in the instructions a
     Restricted 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 2.02(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 2.02(c)(i) shall bear the
     Private Placement Legend and shall be subject to all restrictions on
     transfer contained therein.

         (ii)  Beneficial Interests in Restricted Global Notes to Unrestricted
     Definitive Notes.  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 applicable 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, certifies in
         the applicable Letter of Transmittal that it is not (1) a broker-
         dealer, (2) a Person participating in the distribution of the Exchange
         Notes or (3) a Person who is an affiliate (as defined in Rule 144) of
         the Company;

                                       24
<PAGE>

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

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

               (D)  the Registrar receives the following:

                    (1) if the Holder of such beneficial interest in a
              Restricted Global Note proposes to exchange such beneficial
              interest for a Definitive Note that does not bear the Private
              Placement Legend, 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 a Definitive Note that does not bear the Private Placement
              Legend, 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 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 in this
         Supplemental Indenture and in the Private Placement Legend are no
         longer required in order to maintain compliance with the Securities
         Act.

     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 3.3 of the Indenture, 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.

         (iii) Beneficial Interests in Unrestricted Global Notes to Unrestricted
     Definitive Notes. If any Holder of a beneficial interest in an Unrestricted
     Global Note proposes to exchange such beneficial interest for a Definitive
     Note or to transfer such beneficial interest to a Person who takes delivery
     thereof in the form of a Definitive Note, then, upon satisfaction of the
     conditions set forth in Section 2.02(b)(ii) of this Supplemental Indenture,
     the Trustee shall cause the aggregate principal amount of the applicable
     Global Note to be reduced accordingly pursuant to Section 2.02(h) of this
     Supplemental Indenture, and the Company shall execute and the Trustee shall
     authenticate and deliver to the Person designated in the instructions a
     Definitive Note in the appropriate principal amount. Any Definitive

                                       25
<PAGE>

     Note issued in exchange for a beneficial interest pursuant to this Section
     2.02(c)(iii) 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 Definitive Notes to the Persons in whose names such Notes are
     so registered. Any Definitive Note issued in exchange for a beneficial
     interest pursuant to this Section 2.02(c)(iii) 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 Restricted Global Note,
     then, upon receipt by the Registrar 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 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 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 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 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;

                                       26
<PAGE>

              (F)   if such Restricted Definitive Note 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

              (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 the
         Exchange Offer in accordance with the applicable Registration Rights
         Agreement and the Holder, in the case of an exchange, or the
         transferee, in the case of a transfer, certifies in the applicable
         Letter of Transmittal that it is not (1) a broker-dealer, (2) a Person
         participating in the distribution of the Exchange Notes or (3) a Person
         who is an affiliate (as defined in Rule 144) of the Company;

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

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

               (D)  the Registrar receives the following:

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

                                       27
<PAGE>

         and, in each such case set forth in this subparagraph (D), if the
         Registrar 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 in this
         Supplemental Indenture 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 2.02(d)(ii), the Trustee shall cancel the Definitive Notes 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 Notes 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.

         If any such exchange or transfer from an Unrestricted Definitive Note
     or a Restricted Definitive Note, as the case may be, to a beneficial
     interest 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 Authentication Order in
     accordance with Section 3.3 of the Indenture, the Trustee shall
     authenticate one or more Unrestricted Global Notes in an aggregate
     principal amount equal to the principal amount of Unrestricted Definitive
     Notes or Restricted Definitive Notes, as the case may be, 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 2.02(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 its 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
2.02(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:

                                       28
<PAGE>

               (A)  if the transfer will be made pursuant to Rule 144A under the
         Securities Act, 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 will 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 will 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 if:

               (A)  such exchange or transfer is effected pursuant to an
         Exchange Offer in accordance with the applicable Registration Rights
         Agreement and the Holder, in the case of an exchange, or the
         transferee, in the case of a transfer, certifies in the applicable
         Letter of Transmittal that it is not (1) a broker-dealer, (2) a Person
         participating in the distribution of the Exchange Notes or (3) a Person
         who is an affiliate (as defined in Rule 144) of the Company;

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

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

               (D)  the Registrar receives the following:

                    (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;

                                       29
<PAGE>

         and in each such case set forth in this subparagraph (D), if the
         Registrar so requests, 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 in this Supplemental Indenture and in the Private
         Placement Legend are no longer required in order to maintain compliance
         with the Securities Act.

         (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 the applicable Registration Rights Agreement, the Company shall issue and,
upon receipt of an Authentication Order in accordance with Section 3.3, 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 Restricted Global Notes tendered for acceptance by Persons that
certify in the applicable Letters of Transmittal that (x) they are not broker-
dealers, (y) they are not participating in a distribution of the Exchange Notes
and (z) they are not affiliates (as defined in Rule 144) of the Company, and
accepted for exchange in an Exchange Offer and (ii) Definitive Notes in an
aggregate principal amount equal to the principal amount of the Restricted
Definitive Notes accepted for exchange in an 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 Supplemental Indenture unless
specifically stated otherwise in the applicable provisions of this Supplemental
Indenture.

         (i)   Private Placement Legend.

               (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 legend in
         substantially the following form:

              "THE NOTES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
         UNITED STATES SECURITIES ACT OF 1933 (THE "SECURITIES ACT") AND MAY NOT
         BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (1) TO A
         PERSON WHO THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL
         BUYER WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT
         PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED
         INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE

                                       30
<PAGE>

         REQUIREMENTS OF RULE 144A, (2) IN AN OFFSHORE TRANSACTION COMPLYING
         WITH RULE 903 OR 904 OF REGULATION S UNDER THE SECURITIES ACT (3)
         PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT
         PROVIDED BY RULE 144 THEREUNDER (IF AVAILABLE) OR (4) TO AN
         INSTITUTIONAL ACCREDITED INVESTOR IN A TRANSACTION EXEMPT FROM THE
         REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, IN EACH CASE, IN
         ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE STATES OF THE
         UNITED STATES."

              (B) Notwithstanding the foregoing, any Global Note or Definitive
         Note issued pursuant to subparagraphs (b)(iv), (c)(ii), (c)(iii),
         (d)(ii), (d)(iii), (e)(ii), (e)(iii) or (f) to this Section 2.02 (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:

              "THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE
         INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A
         DEPOSITARY OR A NOMINEE OF A DEPOSITARY.  UNLESS AND UNTIL IT IS
         EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN CERTIFICATED FORM, THIS
         SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO
         A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE
         DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR
         ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH
         SUCCESSOR DEPOSITARY."

     (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 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 3.9 of the
Indenture. At any time prior to such cancellation, if any beneficial interest in
a Global Note is exchanged for or transferred to a Person who will 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 will 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.

                                       31
<PAGE>

         (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 or at the Registrar's request.

         (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 3.4, 8.6 and 11.7 of the Indenture and subsection 13(a) and (b)
     of Section 1.01 of this Supplemental Indenture).

         (iii)  The Registrar shall not be required to register the transfer of
     or 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 of the Indenture, as the Global Notes or
     Definitive Notes surrendered upon such registration of transfer or
     exchange.

         (v)    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 11.3 of the Indenture and ending at the close of
     business on the day of selection, (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 or (C) to
     register the transfer of or to exchange a Note between a record date and
     the next succeeding Interest Payment Date.

         (vi)   Prior to due presentment for the registration of a transfer of
     any Note, 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 3.3 of the Indenture.

         (viii) All certifications, certificates and Opinions of Counsel
     required to be submitted to the Registrar pursuant to this Section 2.02 to
     effect a registration of transfer or exchange may be submitted by
     facsimile.

                                  ARTICLE III.
                                  DEFINITIONS

                                       32
<PAGE>

     Section 3.01  SECTION ADDITIONAL DEFINITIONS.   In addition to the
definitions set forth in Article I of the Indenture, the Notes shall include the
following additional definitions, which, in the event of a conflict with the
definition of terms in the Indenture, the definitions in this Supplemental
Indenture, shall control:

         "144A Global Note" means a global note substantially in the form of
     Exhibit A hereto bearing the Global Note Legend and the Private Placement
     Legend and deposited with or on behalf of, and registered in the name of,
     the Depositary or its nominee that will be issued in a denomination equal
     to the outstanding principal amount of the Notes sold in reliance on Rule
     144A.

         "2006 Notes" means the Company's 10 7/8% Senior Subordinated Notes due
     2006.

          "Acquired Debt" means, with respect to any specified Person: (1)
     Indebtedness of any other Person existing at the time such other Person is
     merged with or into or became a Restricted 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
     Restricted Subsidiary of, such specified Person; and (2) Indebtedness
     secured by a Lien encumbering any asset acquired by such specified Person
     (limited to the maximum amount of liability of the specified Person with
     respect to such Lien).

         "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 Depository, Euroclear and Clearstream that apply to such transfer or
     exchange.

         "Asset Disposition" means any sale, transfer or other disposition
     (including, without limitation, by merger, consolidation or sale-and-
     leaseback transaction) of (i) shares of Capital Stock of a Restricted
     Subsidiary of the Company (other than directors' qualifying shares) or (ii)
     property or assets of the Company or any Restricted Subsidiary of the
     Company; provided, however, that an Asset Disposition shall not include (a)
     any sale, transfer or other disposition of shares of Capital Stock,
     property or assets by a Restricted Subsidiary of the Company to the Company
     or to any Guarantor, (b) any sale, transfer or other disposition of
     defaulted receivables for collection or any sale, transfer or other
     disposition of property or assets in the ordinary course of business, (c)
     any isolated sale, transfer or other disposition that does not involve
     aggregate consideration in excess of $500,000 individually, (d) the grant
     in the ordinary course of business of any non-exclusive license of patents,
     trademarks, registrations therefor and other similar intellectual property,
     (e) any Lien (or foreclosure thereon) securing Indebtedness to the extent
     that such Lien is granted in compliance with Section 1.01(13)(f) above, (f)
     any Restricted Payment permitted by Section 1.01(13)(d) above, (g) any
     disposition of assets or property in the ordinary course of business to the
     extent such property or assets are obsolete, worn-out or no longer useful
     in the Company's or any of its Subsidiaries' business, (h) any sale and
     leaseback of the Company's principal corporate headquarters consummated
     within 180 days after the completion of the construction thereof, or (i)
     any Qualified Securitization Transaction.

                                       33
<PAGE>

         "Average Life" means, as of the date of determination, with respect to
     any Indebtedness for borrowed money or Preferred Stock, the quotient
     obtained by dividing (i) the sum of the products of the number of years
     from the date of determination to the dates of each successive scheduled
     principal or liquidation value payments of such Indebtedness or Preferred
     Stock, respectively, and the amount of such principal or liquidation value
     payments, by (ii) the sum of all such principal or liquidation value
     payments.

         "Broker-Dealer" has the meaning set forth in the Registration Rights
     Agreement.

          "Capital Lease Obligation" of any Person means the obligations to pay
     rent or other amounts under a lease of (or other Indebtedness arrangements
     conveying the right to use) real or personal property of such Person which
     are required to be classified and accounted for as a capital lease or
     liability on the face of a balance sheet of such Person in accordance with
     GAAP.  The amount of such obligations shall be the capitalized amount
     thereof in accordance with GAAP and the stated maturity thereof shall be
     the date of the last payment of rent or any other amount due under such
     lease prior to the first date upon which such lease may be terminated by
     the lessee without payment of a penalty.

          "Capital Stock" of any Person means any and all shares, interests,
     participations or other equivalents (however designated) of corporate stock
     of such Person (including any Preferred Stock outstanding on the Issue
     Date) ; provided that the Trust Preferred Securities shall not be
     considered Capital Stock of the Company.

         "Clearstream" means Clearstream Banking SA.

         "Common Stock" of any Person means Capital Stock of such Person that
     does not rank prior, as to the payment of dividends or as of the
     distribution of assets upon any voluntary or involuntary liquidation,
     dissolution or winding up of such Person, to shares of Capital Stock or any
     other class of such Person.

          "Consolidated Cash Flow Available for Fixed Charges" of any Person
     means for any period the Consolidated Net Income of such Person and its
     Restricted Subsidiaries for such period increased (to the extent
     Consolidated Net Income for such period has been reduced thereby) by the
     sum of (without duplication) (i) Consolidated Interest Expense of such
     Person and its Restricted Subsidiaries for such period, plus (ii)
     Consolidated Income Tax Expense of such Person for such period, plus (iii)
     the consolidated depreciation and amortization expense included in the
     income statement of such Person and its Restricted Subsidiaries for such
     period, plus (iv) any other non-cash charges to the extent deducted from or
     reflected in such Consolidated Net Income except for any non-cash charges
     that represent accruals of, or reserves for, cash disbursements to be made
     in any future accounting period.

          "Consolidated Cash Flow Ratio" of any Person means for any period the
     ratio of (i) Consolidated Cash Flow Available for Fixed Charges of such
     Person for such period to (ii) the sum of (A) Consolidated Interest Expense
     of such Person and its Restricted Subsidiaries for such period, plus (B)
     the annual interest expense with respect to any Indebtedness proposed to be
     Incurred by such Person or its Restricted Subsidiaries, minus (C)
     Consolidated Interest Expense of such Person to the extent included in
     clause (ii) (A) with respect to any Indebtedness that will no longer be
     outstanding as a result of the Incurrence of the Indebtedness proposed to
     be

                                       34
<PAGE>

     Incurred, plus (D) the annual interest expense with respect to any other
     Indebtedness Incurred by such Person or its Restricted Subsidiaries since
     the end of such period to the extent not included in clause (ii) (A), minus
     (E) Consolidated Interest Expense of such Person and its Restricted
     Subsidiaries to the extent included in clause (ii) (A) with respect to any
     Indebtedness that no longer is outstanding as a result of the Incurrence of
     the Indebtedness referred to in clause (ii) (D); provided, however, that in
     making such computation, the Consolidated Interest Expense of such Person
     and its Restricted Subsidiaries attributable to interest on any
     Indebtedness bearing a floating interest rate shall be computed on a pro
     forma basis as if the rate in effect on the date of computation (after
     giving effect to any hedge in respect of such Indebtedness that will, by
     its terms, remain in effect until the earlier of the maturity of such
     Indebtedness or the date one year after the date of such determination) had
     been the applicable rate for the entire period; provided, further, however,
     that, in the event such Person or any of its Restricted Subsidiaries has
     made any Asset Dispositions or acquisitions of assets not in the ordinary
     course of business (including acquisitions of other Persons by merger,
     consolidation or purchase of Capital Stock) during or after such period and
     on or prior to the date of measurement, such computation shall be made on a
     pro forma basis as if the Asset Dispositions or acquisitions had taken
     place on the first day of such period. Calculations of pro forma amounts in
     accordance with this definition shall be done in accordance with Rule 11-02
     of Regulation S-X under the Securities Act of 1933 or any successor
     provision.

          "Consolidated Income Tax Expense" of any Person means for any period
     the consolidated provision for income taxes of such Person and its
     Restricted Subsidiaries for such period calculated on a consolidated basis
     in accordance with GAAP.

          "Consolidated Interest Expense" for any Person means for any period
     the consolidated interest expense included in a consolidated income
     statement (without deduction of interest or finance charge income of such
     Person except to the extent such interest or finance charge income is
     received by the Company or a Restricted Subsidiary in cash) of such Person
     and its Restricted Subsidiaries except to the extent such net income is
     received by the Company or a Restricted Subsidiary in cash of such Person
     for such period calculated on a consolidated basis in accordance with GAAP,
     plus discount on receivables sold or other discount related to any
     receivables securitization transaction (including any Qualified
     Securitization Transaction), plus the product of (a) all dividends or
     distributions, whether paid or accrued and whether or not in cash, on any
     series of preferred stock or the Trust Preferred Securities of such Person
     or any of its Restricted Subsidiaries, other than dividends on Equity
     Interests payable solely in Equity Interests of the Company (other than
     Disqualified Stock) or to the Company or a Restricted Subsidiary,
     multiplied by (to the extent such dividends or distributions are not
     deductible for federal income tax purposes) (b) a fraction, the numerator
     of which is one and the denominator of which is one minus the then current
     combined 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.

          "Consolidated Net Income" of any Person means for any period the
     consolidated net income (or loss) of such Person for such period determined
     on a consolidated basis in accordance with GAAP; provided, however,  that
     there shall be excluded therefrom (a) the net income (or loss) of any
     Person acquired by such Person or a Restricted Subsidiary of such Person in
     a pooling-of-interests transaction for any period prior to the date of such
     transaction, (b) the net income (but not net loss) of any Restricted
     Subsidiary of such Person which is subject to restrictions which prevent or
     limit the payment of dividends or the making of distributions to such
     Person to the extent of such restrictions (regardless of any waiver
     thereof), (c) the net income of any Person that is not a Restricted
     Subsidiary of such Person, except to the extent of the amount of dividends
     or other distributions representing such Person's proportionate share of
     such other

                                       35
<PAGE>

     Person's net income for such period actually paid in cash to such Person by
     such other Person during such period, (d) gains or losses on Asset
     Dispositions by such Person or its Restricted Subsidiaries, (e) all
     extraordinary gains and extraordinary losses determined in accordance with
     GAAP, (f) in the case of a successor to the referent Person by
     consolidation or merger or as a transferee of the referent Person's assets,
     any earnings (or losses) of the successor corporation prior to such
     consolidation, merger or transfer of assets and (g) the Net Income (but not
     loss) of any Unrestricted Subsidiary will be excluded, whether or not
     distributed to the specified Person or one of its Subsidiaries.

         "Continuing Director" means a director who either was a member of the
     Board of Directors of the Company on the Issue Date or who became a
     director of the Company subsequent to the Issue Date and whose election, or
     nomination for election by the Company's shareholders, was duly approved by
     a majority of the Continuing Directors then on the Board of Directors of
     the Company, either by a specific vote or by approval of the proxy
     statement issued by the Company on behalf of the entire Board of Directors
     of the Company in which such individual is named as nominee for director.

         "Custodian" means the Trustee, as custodian with respect to the Notes
     in global form, or any successor entity thereto.

         "Default" means any event that is, or after notice or lapse of time or
     both would become, an Event of Default.

         "Definitive Note" means a certificated Note registered in the name of
     the Holder thereof and issued in accordance with Section 2.02 of this
     Supplemental Indenture, substantially 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 3.1(b) of
     the Indenture 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 Supplemental Indenture.

          "Designated Senior Indebtedness" means (i) so long as the Revolving
     Credit Facility is outstanding, the Senior Indebtedness incurred under the
     Revolving Credit Facility and (ii) thereafter, any other Senior
     Indebtedness which has at the time of initial issuance an aggregate
     outstanding principal amount in excess of $25 million which has been
     designated as Designated Senior Indebtedness by the Board of Directors of
     the Company at the time of initial issuance in a resolution delivered to
     the Trustee.

          "Disqualified Stock" of any Person means any Capital Stock of such
     Person which, 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, matures or is mandatorily redeemable, pursuant to a sinking fund
     obligation or otherwise, or is redeemable at the option of the holder
     thereof, in whole or in part, on or prior to the final maturity of the
     Notes.

                                       36
<PAGE>

          "Eligible Accounts Receivable" means the face value of all "eligible
     receivables" of the Company and its Restricted Subsidiaries party to any
     credit agreement constituting the Revolving Credit Facility (as such term
     is defined for purposes of such credit agreement) .

          "Eligible Inventory" means the face value of all "eligible inventory"
     of the Company and its Restricted Subsidiaries party to any credit
     agreement constituting the Revolving Credit Facility (as such term is
     defined for purposes of such credit agreement).

         "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).

         "Euroclear" means Morgan Guaranty Trust Company of New York, Brussels
     office, as operator of the Euroclear system.

         "Exchange Notes" means the Notes issued in the Exchange Offer pursuant
     to Section 2.02(f) of this Supplemental Indenture.

         "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.

         "Global Note Legend" means the legend set forth in Section 2.02(g)(ii),
     which is required to be placed on all Global Notes issued under this
     Supplemental Indenture.

         "Global Notes" means, individually and collectively, each of the
     Restricted Global Notes and the Unrestricted Global Notes, substantially in
     the form of Exhibit A hereto issued in accordance with Section 2.01,
     2.02(b)(iv), 2.02(d)(ii) or 2.02(f) of this Supplemental Indenture.

         "Holder" means a Person in whose name a Note is registered.

         "IAI Global Note" means a Global Note bearing the Private Placement
     Legend and held by an Institutional Accredited Investor.

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

         "Initial Purchasers" means, with respect to the Notes, Lehman Brothers
     Inc., Banc of America Securities LLC, Merrill Lynch, Pierce Fenner & Smith
     Incorporated, First Union Securities, Inc., Goldman, Sachs & Co. and J.P.
     Morgan Securities Inc.

         "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.

                                       37
<PAGE>

         "Investment" by any Person means any direct or indirect loan, advance,
     guarantee or other extension of credit or capital contribution to (by means
     of transfers of cash or other property to others or payments for property
     or services for the account or use of others, or otherwise), or purchase or
     acquisition of Capital Stock, bonds, notes, debentures or other securities
     or evidence of Indebtedness issued by any other Person.

          "Investment Grade Rating" means a rating equal to or higher than Baa3
     (or the equivalent) by Moody's and BBB (or the equivalent) by S&P.

         "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.

          "Moody's" means Moody's Investors Service, Inc. or any successor to
     the rating agency business thereof.

          "Net Available Proceeds" from any Asset Disposition by any Person
     means cash or readily marketable cash equivalents received (including by
     way of sale or discounting of a note, installment receivable or other
     receivable, but excluding any other consideration received in the form of
     assumption by the acquiror of Indebtedness or other obligations relating to
     such properties or assets or received in any other non-cash form) therefrom
     by such Person, including any cash received by way of deferred payment or
     upon the monetization or other disposition of any non-cash consideration
     (including notes or other securities) received in connection with such
     Asset Disposition, net of (i) all legal, title and recording tax expenses,
     commissions and other fees and expenses incurred and all federal, state,
     foreign and local taxes required to be accrued as a liability as a
     consequence of such Asset Disposition, (ii) all payments made by such
     Person or its Restricted Subsidiaries on any Indebtedness which is secured
     by such assets (other than Senior Indebtedness or Guarantor Senior
     Indebtedness) in accordance with the terms of any Lien upon or with respect
     to such assets or which must by the terms of such Lien, or in order to
     obtain a necessary consent to such Asset Disposition or by applicable law,
     be repaid out of the proceeds from such Asset Disposition, (iii) all
     payments made with respect to liabilities associated with the assets which
     are the subject of the Asset Disposition, including, without limitation,
     trade payables and other accrued liabilities, (iv) appropriate amounts to
     be provided by such Person or any Restricted Subsidiary thereof, as the
     case may be, as a reserve in accordance with GAAP against any liabilities
     associated with such assets and retained by such Person or any Restricted
     Subsidiary thereof, as the case may be, after such Asset Disposition,
     including, without limitation, liabilities under any indemnification
     obligations and severance and other employee termination costs associated
     with such Asset Disposition, until such time as such amounts are no longer
     reserved or such reserve is no longer necessary (at which time any
     remaining amounts will become Net Available Proceeds to be allocated in
     accordance with the provisions of clause (iii) of the covenant of the
     Indenture described under Section 1.01(13)(a)) and (v) all distributions
     and other payments made to minority interest holders in Subsidiaries of
     such Person or joint ventures as a result of such Asset Disposition.

          "Non-Recourse Debt" means Indebtedness:(1) 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; and (2) no default
     with respect to which (including any rights that the holders of the
     Indebtedness may have to take enforcement action

                                       38
<PAGE>

     against an Unrestricted Subsidiary) would permit upon notice, lapse of time
     or both any holder of any other Indebtedness of the Company or any of its
     Restricted Subsidiaries to declare a default on such other Indebtedness or
     cause the payment of the Indebtedness to be accelerated or payable prior to
     its stated maturity; and (3) as to which the lenders have been notified in
     writing that they will not have any recourse to the stock or assets of the
     Company or any of its Restricted Subsidiaries.

         "Non-U.S. Person" means a Person who is not a U.S. Person.

         "Notes" has the meaning assigned to it in the preamble to this
     Supplemental Indenture.

          "Offer to Purchase" means a written offer (the "Offer") sent by the
     Company by first class mail, postage prepaid, to each Holder at his address
     appearing in the register for the Notes on the date of the Offer offering
     to purchase up to the principal amount of Notes specified in such Offer at
     the purchase price specified in such Offer (as determined pursuant to the
     Indenture).  Unless otherwise required by applicable law, the Offer shall
     specify an expiration date (the "Expiration Date") of the Offer to Purchase
     which shall be not less than 30 days nor more than 60 days after the date
     of such Offer and a settlement date (the "Purchase Date") for purchase of
     Notes within five Business Days after the Expiration Date.  The Company
     shall notify the Trustee at least 15 Business Days (or such shorter period
     as is acceptable to the Trustee) prior to the mailing of the Offer of the
     Company's obligation to make an Offer to Purchase, and the Offer shall be
     mailed by the Company or, at the Company's request, by the Trustee in the
     name and at the expense of the Company.  The Offer shall contain all the
     information required by applicable law to be included therein.  The Offer
     shall contain all instructions and materials necessary to enable such
     Holders to tender Notes pursuant to the Offer to Purchase.  The Offer shall
     also state:

          (1) the Section of the Indenture pursuant to which the Offer to
     Purchase is being made;

          (2) the Expiration Date and the Purchase Date;

          (3) the aggregate principal amount of the outstanding Notes offered to
     be purchased by the Company pursuant to the Offer to Purchase (including,
     if less than 100%, the manner by which such amount has been determined
     pursuant to the Section of the Indenture requiring the Offer to Purchase)
     (the "Purchase Amount");

          (4) the purchase price to be paid by the Company for each $1,000
     aggregate principal amount of Notes accepted for payment (as specified
     pursuant to the Indenture) (the "Purchase Price");

          (5) that the Holder may tender all or any portion of the Notes
     registered in the name of such Holder and that any portion of a Note
     tendered must be tendered in an integral multiple of $1,000 principal
     amount;

          (6) the place or places where Notes are to be surrendered for tender
     pursuant to the Offer to Purchase;

          (7) that interest on any Note not tendered or tendered but not
     purchased by the Company pursuant to the Offer to Purchase will continue to
     accrue;

                                       39
<PAGE>

          (8) that on the Purchase Date the Purchase Price will become due and
     payable upon each Note being accepted for payment pursuant to the Offer to
     Purchase and that interest thereon shall cease to accrue on and after the
     Purchase Date;

          (9) that each Holder electing to tender all or any portion of a Note
     pursuant to the Offer to Purchase will be required to surrender such Note
     at the place or places specified in the Offer prior to the close of
     business on the Expiration Date (such Note being, if the Company or the
     Trustee so requires, duly endorsed by, or accompanied by a written
     instrument of transfer in form satisfactory to the Company and the Trustee
     duly executed by, the Holder thereof or his attorney duly authorized in
     writing);

          (10) that Holders will be entitled to withdraw all or any portion of
     Notes tendered if the Company (or its Paying Agent) receives, not later
     than the close of business on the fifth Business Day next preceding the
     Expiration Date, a telegram, telex, facsimile transmission or letter
     setting forth the name of the Holder, the principal amount of the Note the
     Holder tendered, the certificate number of the Note the Holder tendered and
     a statement that such Holder is withdrawing all or a portion of his tender;

          (11) that (a) if Notes in an aggregate principal amount less than or
     equal to the Purchase Amount are duly tendered and not withdrawn pursuant
     to the Offer to Purchase, the Company shall purchase all such Notes and (b)
     if Notes in an aggregate principal amount in excess of the Purchase Amount
     are tendered and not withdrawn pursuant to the Offer to Purchase, the
     Company shall purchase Notes having an aggregate principal amount equal to
     the Purchase Amount on a pro rata basis (with such adjustments as may be
     deemed appropriate so that only Notes in denominations of $1,000 or
     integral multiples thereof shall be purchased) ; and

         (12) that in the case of any Holder whose Note is purchased only in
     part, the Company shall execute and the Trustee shall authenticate and
     deliver to the Holder of such Note without service charge, a new Note or
     Notes, of any authorized denomination as requested by such Holder, in an
     aggregate principal amount equal to and in exchange for the unpurchased
     portion of the Note so tendered.

         An Offer to Purchase shall be governed by and effected in accordance
     with the provisions above pertaining to any Offer.

         "pari passu" when used with respect to the ranking of any Debt of any
     Person in relation to other Debt of such Person means that each such Debt:
     (a) either (i) is not subordinated in right of payment to any other Debt of
     such Person or (ii) is subordinate in right of payment to the same Debt of
     such Person as is the other Debt and is so subordinate to the same extent
     and (b) is not subordinate in right of payment to the other Debt or to any
     Debt of such Person as to which the other Debt is not so subordinate.

         "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 DTC, shall include
     Euroclear and Clearstream).

          "Permitted Business" means any business (including stock or assets)
     that derives a majority of its revenues from the business engaged in by the
     Company and its Restricted Subsidiaries on the date of original issuance of
     the Notes and/or activities that are reasonably

                                       40
<PAGE>

     similar, ancillary or related to, or a reasonable extension, development or
     expansion of, the businesses in which the Company and its Restricted
     Subsidiaries are engaged on the date of original issuance of the Notes,
     including, without limitation, the third party logistics business.

         "Permitted Investments" means (i) Investments in marketable, direct
     obligations issued or guaranteed by the United States of America, or any
     governmental entity or agency or political subdivision thereof (provided,
     that the good faith and credit of the United States of America is pledged
     in support thereof), maturing within one year of the date of purchase; (ii)
     Investments in commercial paper issued by corporations or financial
     institutions maturing within 180 days from the date of the original issue
     thereof, and rated "P-l" or better by Moody`s or "A-1" or better by S&P or
     an equivalent rating or better by any other nationally recognized
     securities rating agency; (iii) Investments in certificates of deposit
     issued or acceptances accepted by or guaranteed by any bank or trust
     company organized under the laws of the United States of America or any
     state thereof or the District of Columbia, in each case having capital,
     surplus and undivided profits totaling more than $500,000,000, maturing
     within one year of the date of purchase; (iv) Investments representing
     Capital Stock or obligations issued to the Company or any of its
     Subsidiaries in the course of the good faith settlement of claims against
     any other Person or by reason of a composition or readjustment of debt or a
     reorganization of any debtor of the Company or any of its Subsidiaries; (v)
     deposits, including interest-bearing deposits, maintained in the ordinary
     course of business in banks; (vi) any acquisition of the Capital Stock of
     any Person; provided, however, that after giving effect to any such
     acquisition such Person shall become a Restricted Subsidiary of the
     Company; (vii) trade receivables and prepaid expenses, in each case arising
     in the ordinary course of business; provided, however, that such
     receivables and prepaid expenses would be recorded as assets of such Person
     in accordance with GAAP; (viii) endorsements for collection or deposit in
     the ordinary course of business by such Person of bank drafts and similar
     negotiable instruments of such other Person received as payment for
     ordinary course of business trade receivables; (ix) any interest swap or
     hedging obligation with an unaffiliated Person otherwise permitted by the
     Indenture; (x) Investments received as consideration for an Asset
     Disposition in compliance with the provisions of the Indenture described
     under Section 1.01(13)(a) above; (xi) Investments for which the sole
     consideration provided is Capital Stock of the Company (other than
     Disqualified Stock); (xii) loans and advances to employees made in the
     ordinary course of business; (xiii) Investments outstanding on the Issue
     Date; (xiv) so long as no Default or Event of Default has occurred and is
     continuing, Investments in Persons or entities in an aggregate outstanding
     amount (valued at the cost thereof) not to exceed at any time $25 million,
     (xv) payments on the guarantee referred to in the last sentence of the
     definition of the term "Indebtedness" and (xvi) Investments made in or by
     any Securitization Subsidiary in connection with and required pursuant to
     the terms of any Qualified Securitization Transaction or in the Special
     Purpose Trust in connection with and required by the terms of the Trust
     Obligations.

                                       41
<PAGE>

         "Person" means any individual, corporation, limited or general
     partnership, limited liability company, joint venture, association, joint
     stock company, trust, unincorporated organization or government or any
     agency or political subdivision thereof.

         "Preferred Stock", as applied to the Capital Stock of any Person, means
     Capital Stock of such Person of any class or classes (however designated)
     that ranks prior, as to the payment of dividends or as to the distribution
     of assets upon any voluntary or involuntary liquidation, dissolution or
     winding up of such Person, to shares of Capital Stock of any other class of
     such Person.

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

         "Purchase Date" has the meaning set forth in the definition of "Offer
     to Purchase."

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

         "Rating Agency" means each of S&P and Moody's, or if S&P or Moody's or
     both shall not make a rating on the notes publicly available, a nationally
     recognized statistical rating agency or agencies, as the case may be,
     selected by us (as certified by a resolution of the Company's Board of
     Directors) which shall be substituted for S&P or Moody's, or both, as the
     case may be.

         "Regulation S" means Regulation S promulgated under the Securities Act.

         "Regulation S Global Note" means a global Note bearing the Private
     Placement Legend and deposited with or on behalf of the Depositary and
     registered in the name of the Depositary or its nominee, issued in a
     denomination equal to the outstanding principal amount of the Notes
     initially sold in reliance on Rule 903 of Regulation S.

          "Related Person" of any Person means any other Person directly or
     indirectly owning (a) 5% or more of the outstanding Common Stock of such
     Person (or, in the case of a Person that is not a corporation, 5% or more
     of the equity interest in such Person) or (b) 5% or more of the combined
     voting power of the Voting Stock of such Person.

         "Replacement Assets" means properties or assets used or useful in a
     Permitted Business.

         "Restricted Definitive Note" means a Definitive Note bearing the
     Private Placement Legend.

         "Restricted Global Note" means a Global Note bearing the Private
     Placement Legend.

                                       42
<PAGE>

         "Restricted Period" means the 40-day restricted period as defined in
     Regulation S.

         "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.

          "S&P" means Standard & Poor's Ratings Group, Inc., or any successor to
     the rating agency business thereof.

         "Shelf Registration Statement" means the Shelf Registration Statement
     as defined in the Registration Rights Agreement.

          "Trust Securities" means the Trust Preferred Securities and the Junior
     Subordinated Debentures.

         "U.S. Person" means a U.S. person as defined in Rule 902(o) under the
     Securities Act.

         "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 permanent global Note substantially
     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 a series of Notes that do not
     bear the Private Placement Legend.

          "Unrestricted Subsidiary" means any Subsidiary of the Company (or any
     successor to any of them) that is designated by the Board of Directors of
     the Company as an Unrestricted Subsidiary pursuant to a Board Resolution,
     but only to the extent that such Subsidiary: (1) has no Indebtedness other
     than Non-Recourse Debt; (2) 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 are no 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; (3) 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; (4) has not guaranteed or otherwise directly or indirectly
     provided credit support for any Indebtedness of the Company or any of its
     Restricted Subsidiaries; and (5) has at least one director on its Board of
     Directors that is not a director or executive officer of the Company or any
     of its Restricted Subsidiaries and has at least one executive officer that
     is not a director or executive officer of the Company or any of its
     Restricted Subsidiaries.

                                       43
<PAGE>

         Any designation of a Subsidiary of the Company as an Unrestricted
     Subsidiary will be evidenced to the Trustee by filing with the Trustee a
     certified copy of the Board Resolution giving effect to such designation
     and an officers' certificate certifying that such designation complied with
     the preceding conditions and was permitted by the covenant described under
     Section 1.01(13)(d) of this Supplemental Indenture.  If, at any time, any
     Unrestricted Subsidiary would fail to meet the preceding requirements as an
     Unrestricted Subsidiary, it will thereafter cease to be an Unrestricted
     Subsidiary for purposes of the indenture and any Indebtedness of such
     Subsidiary will 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 the covenant described under Section
     1.01(13)(c) of this Supplemental Indenture the Company will 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 will be deemed to be an incurrence of
     Indebtedness by a Restricted Subsidiary of the Company of any outstanding
     Indebtedness of such Unrestricted Subsidiary and such designation will only
     be permitted if (1) such Indebtedness is permitted under the covenant
     described under Section 1.01(13)(c) of this Supplemental Indenture,
     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.

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

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

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

                                  ARTICLE IV.

                                 MISCELLANEOUS

     Section 4.01  SECTION DEFINITIONS.  Capitalized terms used but not defined
in this Supplemental Indenture shall have the meanings ascribed thereto in the
Indenture.

     Section 4.02  SECTION CONFIRMATION OF INDENTURE.  The Indenture, as
modified, supplemented and superseded by this Supplemental Indenture, is in all
respects ratified and confirmed, and the Indenture and this Supplemental
Indenture shall be read, taken and construed as one and the same instrument.
(References herein to the Indenture shall be deemed to be to the Indenture, as
modified, supplemented and superseded by this Supplemental Indenture).

     Section 4.03  SECTION CONCERNING THE TRUSTEE.  The Trustee assumes no
duties, responsibilities or liabilities by reason of this Supplemental Indenture
other than as set forth in the Indenture and, in carrying out its
responsibilities hereunder, shall have all of the rights, protections and
immunities which it possesses under the Indenture.

                                       44
<PAGE>

     Section 4.04  SECTION GOVERNING LAW.  This Supplemental Indenture, the
Indenture and the Notes shall be governed by and construed in accordance with
the law of the State of New York without giving effect to any provisions thereof
relating to conflicts of law.

     Section 4.05  SECTION SEPARABILITY.  In case any provision in this
Supplemental Indenture shall for any reason be held to be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired thereby.

     Section 4.06  SECTION COUNTERPARTS.  This Supplemental Indenture may be
executed in any number of counterparts each of which shall be an original, but
such counterparts shall together constitute but one and the same instrument.

                                       45
<PAGE>

     IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed, and their respective corporate seals to be
hereunto affixed and attested, all as of the day and year first above written.

                            OWENS & MINOR, INC.

                            By:_________________________________________
                                 Name: Craig R. Smith
                                 Title: President and Chief Operating Officer

                            OWENS & MINOR MEDICAL, INC.
                            OWENS & MINOR WEST, INC.
                            NATIONAL MEDICAL SUPPLY CORPORATION
                            KOLEY'S MEDICAL SUPPLY, INC.
                            STUART MEDICAL, INC.

                            By:_________________________________________
                                 Name: Craig R. Smith
                                 Title: President and Chief Operating Officer

                            SUNTRUST BANK, as Trustee

                            By:_________________________________________
                                 Name:
                                 Title:
<PAGE>

                                                                       EXHIBIT A

                                [Face of Note]
--------------------------------------------------------------------------------

                                                      Rule 144A CUSIP __________
                                                   Regulation S CUSIP __________
                                                            IAI CUSIP __________

                   8 1/2% Senior Subordinated Notes due 2011

No. ______                                                         $____________

                              OWENS & MINOR, INC.

promises to pay to Cede & Co.,

or registered assigns,

the principal sum of ___________________________________________________________

Dollars on July 15, 2011.

Interest Payment Dates:  January 15 and July 15, commencing January 15, 2002

Record Dates:  January 1 and July 1

Dated:  July 2, 2001

                                      A-1
<PAGE>

     IN WITNESS WHEREOF, the Company has caused this Note to be duly executed.

Dated _________, 2001

                                             OWENS & MINOR, INC.

                                             By:________________________________
                                             Name:
                                             Title:

This is one of the Notes referred to in the within-mentioned Indenture:

SUNTRUST BANK,
 as Trustee

By:__________________________
      Authorized Signatory

                                      A-2
<PAGE>

                                [Back of Note]

                   8 1/2% Senior Subordinated Notes due 2011

     [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]

     Capitalized terms used herein shall have the meanings assigned to them in
the Indenture referred to below unless otherwise indicated.

     1.   Interest. Owens & Minor, Inc., a Virginia corporation (the "Company"),
promises to pay interest on the principal amount of this Note at 8 1/2% per
annum from the date hereof until maturity and shall pay the Liquidated Damages,
if any, payable pursuant to the Registration Rights Agreement referred to below.
The Company will pay interest and Liquidated Damages semi-annually in arrears on
January 15 and July 15 of each year beginning January 15, 2002, 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 will accrue from the most recent
date to which interest has been paid or, if no interest has been paid, from the
date of issuance; provided that if there is no existing Default in the payment
of interest, and if this Note is authenticated between a record date referred to
on the face hereof and the next succeeding Interest Payment Date, interest shall
accrue from such next succeeding Interest Payment Date; provided, further, that
the first Interest Payment Date shall be January 15, 2002. Interest will be
computed on the basis of a 360 day year of twelve 30 day months.

     2.   Method of Payment. The Company will pay interest on the Notes (except
defaulted interest) and Liquidated Damages, if any, to the Persons who are
registered Holders of Notes at the close of business on the January 1 or July 1
next preceding the Interest Payment Date, even if such Notes are canceled after
such record date and on or before such Interest Payment Date. The Notes will be
payable as to principal, premium and Liquidated Damages, if any, and interest at
the office or agency of the Company maintained for such purpose within or
without the City and State of New York, or, at the option of the Company,
payment of interest and Liquidated Damages, 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 will be
required with respect to principal of and interest, premium and Liquidated
Damages on, all Global Notes and all other Notes the Holders of which shall have
provided wire transfer instructions to the Company or the Paying Agent at least
10 Business Days prior to the applicable payment 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, SunTrust Bank, the Trustee
under the Indenture, will act as Paying Agent and Registrar. The Company may
change any Paying Agent or Registrar without notice to any Holder. The Company
or any of its Subsidiaries may act in any such capacity.

                                      A-3
<PAGE>

     4.   Indenture. The Company issued the Notes under an Indenture dated as of
July 2, 2001 (the "Original Indenture"), as amended by the Supplemental
Indenture dated as of July 2, 2001 (the "Supplemental Indenture" and together
with the Original Indenture, the "Indenture"), each 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 (S)(S) 77aaa-77bbbb). The Notes
are subject to all such terms, and Holders are referred to the Indenture and
such Act 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 limited to $200 million in aggregate principal amount.

     5.   Subordination. The Notes are subordinated to Senior Indebtedness, as
defined in the Indenture. To the extent provided in the Indenture, Senior
Indebtedness must be paid in full before any payment may be made in respect of
the Notes or any other Obligation in respect of Senior Indebtedness. Each Holder
by accepting a Note agrees to the subordination provisions contained in the
Indenture and authorizes the Trustee to give it effect and appoints the Trustee
as attorney-in-fact for such purpose. The Indenture also provides that, under
certain circumstances, the Company will be prohibited from making any payments
in respect of the Notes or any other Obligation in respect of Senior Debt if the
Company is in default on any Senior Debt.

     6.   Optional Redemption.

       (a) Except as set forth in subparagraphs (b), (c) and (d) of this
Paragraph 5, the Company shall not have the option to redeem the Notes prior to
the final maturity of such Notes.

     (b)  The Notes shall be subject to redemption, at the option of the
Company, in whole or in part, at any time on or after July 15, 2006 and prior to
maturity, upon not less than 30 nor more than 60 days' notice mailed to each
Holder of Notes to be redeemed at his address appearing in the register for the
Notes, in amounts of $1,000 or an integral multiple of $1,000, at the following
redemption prices (expressed as percentages of principal amount) plus accrued
interest and Liquidated Damages, if any, to but excluding the date fixed for
redemption (subject to the right of Holders of record on the relevant Record
Date to receive interest due on an interest payment date that is on or prior to
the date fixed for redemption), if redeemed during the 12-month period beginning
on July 15 of the years indicated:

                                                         Redemption
                    Year                                    Price
                    ----                                    -----
                    2006..............................     104.250%
                    2007..............................     102.833%
                    2008..............................     101.417%
                    2009 and thereafter...............     100.000%

     (c)  In addition, prior to July 15, 2004, the Company may redeem up to 35%
of the original principal amount of the Notes with the net cash proceeds
received by the Company from a public offering of Capital Stock of the Company
(other than Disqualified Stock), at a redemption price (expressed as a
percentage of the principal amount) of 108.500% of the principal amount thereof,
plus accrued and unpaid interest and Liquidated Damages, if any, to the date
fixed for redemption; provided, however, that

                                      A-4
<PAGE>

at least 65% of the original principal amount of the Notes remains outstanding
immediately after any such redemption (excluding any Notes owned by the Company
or any of its Affiliates). Notice of redemption pursuant to this paragraph must
be mailed to holders of Notes not later than 60 days following the consummation
of such public offering.

     (d)  Selection of Notes for any partial redemption shall be made by the
Trustee, in accordance with the rules of any national securities exchange on
which the Notes may be listed or, if the Notes are not so listed, pro rata or by
lot or in such other manner as the Trustee shall deem appropriate and fair.
Notes in denominations larger than $1,000 may be redeemed in part but only in
integral multiples of $1,000. Notice of redemption shall be mailed before the
date fixed for redemption to each holder of Notes to be redeemed at his or her
registered address. On and after the date fixed for redemption, interest shall
cease to accrue on Notes or portions thereof called for redemption set forth in
paragraph 7 below, the Company shall not be required to make mandatory
redemption payments with respect to the Notes.

     7.   Repurchase at Option of Holder. The Indenture provides that, subject
to certain conditions, if (i) certain Net Available Proceeds are available to
the Company as a result of Asset Dispositions or (ii) a Change of Control
occurs, the Company shall be required to make an Offer to Purchase for all or a
specified portion of the Notes.

     8.   Notice of Redemption. Notice of redemption will be mailed at least 30
but not more than 60 days before the redemption date to each Holder whose Notes
are to be redeemed at its registered address. Notes in denominations larger than
$1,000 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. On and after the redemption
date interest ceases to accrue on Notes or portions thereof called for
redemption.

     9.   Denominations, Transfer, Exchange. The Notes are in registered form
without coupons in denominations of $1,000 and integral multiples of $1,000. 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. The Indenture permits, with certain
exceptions as therein provided, the amendment thereof and the modification of
the rights and obligations of the Company and the Guarantors and the rights of
the Holders of the Securities under the Indenture at any time by the Company,
the Guarantors and the Trustee with the consent of the Holders of a majority in
aggregate principal amount of the Notes at the time.

                                      A-5
<PAGE>

     12.  Defaults and Remedies.  Events of Default include:  (i) default in the
payment of interest on, or Liquidated Damages with respect to, any Note when the
same becomes due and payable and such default continues for a period of 30 days
(whether or not prohibited by Article 17 of the Original Indenture); (ii)
failure to pay principal of or premium, if any, on the Notes when due (whether
or not prohibited by Article 17 of the Original Indenture); (iii) default in the
payment of principal of and interest on Notes required to be purchased pursuant
to an Offer to Purchase described in Subsections 13(a) and (b) of Section 1.01
of the Supplemental Indenture when due and payable (whether or not prohibited by
the Article 17 of the Original Indenture); (iv) failure to perform or comply
with any of the provisions described under Article 7 of the Original Indenture
(as superseded by Subsection 15 of Section 1.01 of the Supplemental Indenture);
(v) failure to perform any other covenant or warranty of the Company under the
Indenture or the Notes, continued for 30 days after written notice to the
Company by the Trustee or Holders of at least 25% in principal amount of the
then Outstanding Notes as provided in the Indenture; (vi) a default under the
terms of one or more instruments evidencing or securing Indebtedness of the
Company or any Restricted Subsidiary of the Company having an outstanding
principal amount of $10 million or more individually or in the aggregate that
has resulted in the acceleration of the payment of such Indebtedness or failure
to pay principal when due at the stated maturity of any such Indebtedness; (vii)
the rendering of a final judgment or judgments, not subject to appeal, against
the Company or any Restricted Subsidiary of the Company in an amount of $5
million or more (net of any amounts covered by reputable and creditworthy
insurance companies) which remains undischarged or unstayed for a period of 60
days after the date on which the right to appeal has expired; (viii) certain
events of bankruptcy, insolvency or reorganization affecting the Company, or any
Guarantor; and (ix) the Guarantee of any Guarantor ceases to be in full force
and effect (other than in accordance with the terms of such Guarantee and the
Indenture) or declared null and void and unenforceable or found to be invalid or
any Guarantor denies its liability under its Guarantee (other than by reason of
a release of such Guarantor from its Guarantee in accordance with the terms of
the Indenture and such Guarantee).  If any Event of Default (other than an Event
of Default of the type described in clause (viii) above) occurs and is
continuing, either the Trustee or the Holders of at least 25% in principal
amount of the then Outstanding Notes may accelerate the maturity of all such
Notes; provided, however, that after such acceleration, but before a judgment or
decree based on acceleration, the Holders of a majority in aggregate principal
amount of Outstanding Notes may, under certain circumstances, rescind and annul
such acceleration if all Events of Default, other than the non-payment of
accelerated principal, have been cured or waived as provided in the Indenture.
If an Event of Default of the type described in clause (viii) above occurs, the
principal of any accrued interest on the Outstanding Notes will become
immediately due and payable. Holders may not enforce the Indenture or the Notes
except as provided in the Indenture.  Subject to certain limitations, including
the provision for the identification of the Trustee, Holders of a majority in
principal amount of the then Outstanding Notes may direct the Trustee in its
exercise of any trust or power.  In accordance with the terms of the Indenture,
the Trustee shall, within 30 days after the occurrence of any Event of Default
with respect to the Notes, give the Holders thereof notice of all uncured Events
of Default known to it; provided, however, that, except in the case of an Event
of Default in payment with respect to the Notes or an Event of Default in
complying with Section 7.1 of the Original Indenture (as superceded by
Subsection 15 of Section 1.01 of the Supplemental Indenture), the Trustee shall
be protected in withholding

                                      A-6
<PAGE>
such notice if and so long as the Board of Directors or responsible officers of
the Trustee in good faith determine that the withholding of such notice is in
the interest of the Holders of the Notes. The Holders of a majority in aggregate
principal amount of the Outstanding Notes, on behalf of all Holders of Notes,
may waive compliance by the Company with certain restrictive provisions of the
Indenture. Subject to certain rights of the Trustee, as provided in the
Indenture, the Holders of a majority in aggregate principal amount of the
Outstanding Notes, on behalf of all Holders of Notes, may waive any past default
under the Indenture, except a default in the payment of principal, premium, or
interest or a default arising from failure to purchase any Note tendered
pursuant to an Offer to Purchase, or a default in respect of a provision that
under the Indenture cannot be modified or amended without the consent of the
Holder of each Outstanding Note.

     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.  A director, officer, employee,
incorporator or shareholder of the Company, as such, shall not have any
liability for any obligations of the Company under the Notes or the Indenture or
for any claim based on, in respect of, or by reason of, such obligations or
their creation.  Each Holder 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 right of survivorship
and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts
to Minors Act).

     17.  Additional Rights of Holders of Restricted Global Notes and Restricted
Definitive Notes.  In addition to the rights provided to Holders under the
Indenture, Holders of Restricted Global Notes and Restricted Definitive Notes
shall have all the rights set forth in the Registration Rights Agreement
relating to the Notes dated as of July 2, 2001, among the Company, the
Guarantors and the parties named on the signature pages thereof (the
"Registration Rights Agreement").

     18.  CUSIP Numbers.  Pursuant to a recommendation promulgated by the
Committee on Uniform Security Identification Procedures, the Company has caused
CUSIP numbers to be printed on the Notes and the Trustee may use CUSIP 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-7
<PAGE>

     The Company will furnish to any Holder upon written request and without
charge a copy of the Indenture and/or the Registration Rights Agreement.
Requests may be made to:

OWENS & MINOR, INC.
4800 Cox Road
Glen Allen, Virginia 23060
Attention:

                                Assignment Form

     To assign this Note, fill in the form below:

(I) or (we) assign and transfer this Note to:___________________________________
                                                (Insert assignee's legal name)

________________________________________________________________________________
                 (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 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).

                      Option of Holder to Elect Purchase

     If you want to elect to have this Note purchased by the Company pursuant to
Subsection 13(a) or 13(b) of Section 1.01 of the Supplemental Indenture, check
the appropriate box below:

                                      A-8
<PAGE>

                [_] Subsection 13(a)      [_] Subsection 13(b)

     If you want to elect to have only part of the Note purchased by the Company
pursuant to Subsection 13(a) or Section 13(b) of Section 1.01 of the
Supplemental 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 (or other
signature guarantor acceptable to the Trustee).

             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:

<TABLE>
<CAPTION>
                                                               Principal Amount
                    Amount of decrease   Amount of increase     of this Global        Signature of
                       in Principal         in Principal        Note following     authorized officer
                      Amount of this       Amount of this      such decrease (or   of Trustee or Note
 Date of Exchange       Global Note          Global Note           increase)            Custodian
------------------  ------------------   -------------------   -----------------   -------------------
<S>                 <C>                  <C>                    <C>                <C>
</TABLE>

                                      A-9
<PAGE>

                                                                       EXHIBIT B

                        FORM OF CERTIFICATE OF TRANSFER

Owens & Minor, Inc.
4800 Cox Road
Glen Allen, Virginia  23060

     SunTrust Bank
     901 East Main Street, 10/th/ Floor
     Richmond, Virginia 23219
     Attention:  Corporate Trust Administration

     Re:  8 1/2% Senior Subordinated Notes due 2001
          -----------------------------------------

     Reference is hereby made to the Indenture, dated as of July 2, 2001, as
amended by that First Supplemental Indenture, dated as of July 2, 2001
(collectively, the "Indenture"), between Owens & Minor, Inc., as issuer (the
"Company"), and SunTrust Bank, 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:

                            [CHECK ALL THAT APPLY]

     1.  [_] Check if Transferee will take delivery of a beneficial interest in
             ------------------------------------------------------------------
the 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.  [_] Check if Transferee will take delivery of a beneficial interest in
             ------------------------------------------------------------------
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

                                      B-1
<PAGE>

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 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 Restricted
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 and/or the Definitive Note and in the Indenture and
the Securities Act.

     3.  [_] Check and complete if Transferee will take delivery of a beneficial
             -------------------------------------------------------------------
interest in the 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)  [_]  such Transfer is being effected pursuant to and in accordance
with Rule 144 under the Securities Act;

                                      or

         (b)  [_]  such Transfer is being effected to the Company or a
subsidiary thereof;

                                      or

         (c)  [_]  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)  [_]  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

                                      B-2
<PAGE>

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.  [_] Check if Transferee will take delivery of a beneficial interest in
             ------------------------------------------------------------------
an Unrestricted Global Note or of an Unrestricted Definitive Note.
-----------------------------------------------------------------

         (a) [_] 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) [_] 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) [_] 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.

                                     B-3
<PAGE>

                                             ___________________________________
                                                  [Insert Name of Transferor]

                                             By:________________________________
                                                Name:
                                                Title:

Dated:_________________

                                      B-4
<PAGE>

                      ANNEX A TO CERTIFICATE OF TRANSFER

     1.   The Transferor owns and proposes to transfer the following:

                           [CHECK ONE OF (a) OR (b)]

          (a)  [_]  a beneficial interest in the:

               (i)    [_]   144A Global Note (CUSIP _____________), or

              (ii)    [_]   Regulation S Global Note (CUSIP ___________), or

              (iii)   [_]   IAI Global Note (CUSIP     ); or

         (b)   [_]  a Restricted Definitive Note.

     2.  After the Transfer the Transferee will hold:

                                  [CHECK ONE]

         (a)   [_]  a beneficial interest in the:

              (i)     [_]   144A Global Note (CUSIP 690730AB2), or

              (ii)    [_]   Regulation S Global Note (CUSIP U68336AA1), or

              (iii)   [_]   IAI Global Note (CUSIP _______); or

              (iv)    [_]   Unrestricted Global Note (CUSIP ______); or

         (b)  [_]   a Restricted Definitive Note; or

         (c)  [_]   an Unrestricted Definitive Note,

         in accordance with the terms of the Indenture.

                                      B-5
<PAGE>

                                                                       EXHIBIT C

                        FORM OF CERTIFICATE OF EXCHANGE

Owens & Minor, Inc.
4800 Cox Road
Glen Allen, Virginia 23060

SunTrust Bank
[Address]

     Re:  8 1/2% Senior Subordinated Notes due 2011
          -----------------------------------------

                                      (CUSIP _________)

     Reference is hereby made to the Indenture, dated as of July 2, 2001, as
amended by that First Supplemental Indenture, dated as of July 2, 2001
(collectively, the "Indenture"), between Owens & Minor, Inc., as issuer (the
"Company"), and SunTrust Bank, 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)  [_]  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)  [_]  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 compliance with
the Securities Act and (iv) the Definitive

                                      C-1
<PAGE>

Note is being acquired in compliance with any applicable blue sky securities
laws of any state of the United States.

         (c)  [_]  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)  [_]  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)  [_]  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)  [_]  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 [CHECK 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

                                      C-2
<PAGE>

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.

                                       _________________________________________
                                              [Insert Name of Transferor]

                                       By:______________________________________
                                          Name:
                                          Title:

Dated:________________

                                      C-3
<PAGE>

                                                                       EXHIBIT D

                           FORM OF CERTIFICATE FROM
                  ACQUIRING INSTITUTIONAL ACCREDITED INVESTOR

Owens & Minor, Inc.
4800 Cox Road
Glen Allen, Virginia  23060

SunTrust Bank
[Address]

     Re:  8 1/2% Senior Subordinated Notes due 2011
          -----------------------------------------

     Reference is hereby made to the Indenture, dated as of July 2, 2001, as
amended by that Supplemental Indenture, dated as of July 2, 2001 (collectively,
the "Indenture"), between Owens & Minor, Inc., as issuer (the "Company"), and
SunTrust Bank, 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)  [_]  a beneficial interest in a Global Note, or

          (b)  [_]  a Definitive Note,

     we confirm that:

     1.   We understand that any subsequent transfer of the 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 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 Notes have not been
registered under the Securities Act, and that the 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 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) pursuant to the
provisions of Rule 144(k) 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
<PAGE>

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 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 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 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 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<PAGE>
                                                                     Exhibit 4.3

                              OWENS & MINOR, INC.

                   8 1/2% Senior Subordinated Notes due 2011

                                  __________

                  Exchange and Registration Rights Agreement
                  ------------------------------------------

                                                                    July 2, 2001

Lehman Brothers Inc.,
Banc of America Securities LLC,
Merrill Lynch, Pierce, Fenner & Smith
          Incorporated,
First Union Securities, Inc.,
Goldman Sachs & Co.,
J.P. Morgan Securities Inc.,
     As representatives of the several Purchasers
     named in the Purchase Agreement
c/o Lehman Brothers
3 World Financial Center
200 Vesey Street
New York, New York 10285

Ladies and Gentlemen:

          Owens & Minor, a Virginia corporation (the "Company"), proposes to
issue and sell to the Purchasers (as defined herein) upon the terms set forth in
the Purchase Agreement (as defined herein) $200,000,000 in the aggregate
principal amount of its 8 1/2% Senior Subordinated Notes due 2011, which are
unconditionally guaranteed by Owens & Minor Medical, Inc., a Virginia
corporation; National Medical Supply Corporation, a Delaware corporation; Owens
& Minor West, Inc., a California corporation; Koley's Medical Supply, Inc., a
Nebraska corporation,  and Stuart Medical, Inc., a Pennsylvania corporation (the
"Guarantors").  As an inducement to the Purchasers to enter into the Purchase
Agreement and in satisfaction of a condition to the obligations of the
Purchasers thereunder, the Company and the Guarantors agree with the Purchasers
for the benefit of holders (as defined herein) from time to time of the Transfer
Restricted Securities (as defined herein) as follows:

          1.   Certain Definitions. For purposes of this Exchange and
Registration Rights Agreement, the following terms shall have the following
respective meanings:

          "Base Interest" shall mean the interest that would otherwise accrue on
the Securities under the terms thereof and the Indenture, without giving effect
to the provisions of this Agreement.

          The term "broker-dealer" shall mean any broker or dealer registered
with the Commission under the Exchange Act.

                                       1
<PAGE>

          "Closing Date" shall mean the date hereof.

          "Commission" shall mean the United States Securities and Exchange
Commission, or any other federal agency at the time administering the Exchange
Act or the Securities Act, whichever is the relevant statute for the particular
purpose.

          "Effective Time," in the case of (i) an Exchange Registration, shall
mean the time and date as of which the Commission declares the Exchange Offer
Registration Statement effective or as of which the Exchange Offer Registration
Statement otherwise becomes effective and (ii) a Shelf Registration, shall mean
the time and date as of which the Commission declares the Shelf Registration
Statement effective or as of which the Shelf Registration Statement otherwise
becomes effective.

          "Electing Holder" shall mean any holder of Transfer Restricted
Securities that has returned a completed and signed Notice and Questionnaire to
the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

          "Exchange Act" shall mean the Securities Exchange Act of 1934, or any
successor thereto, and the rules and regulations promulgated thereunder, all as
the same shall be amended from time to time.

          "Exchange Notes" shall have the meaning assigned thereto in Section
2(a) hereof.

          "Exchange Offer" shall have the meaning assigned thereto in Section
2(a) hereof.

          "Exchange Offer Registration Statement" shall have the meaning
assigned thereto in Section 2(a) hereof.

          "Exchange Registration" shall have the meaning assigned thereto in
Section 3(c) hereof.

          The term "holder" shall mean each of the Purchasers and other persons
who acquire Transfer Restricted Securities from time to time (including any
successors or assigns), in each case for so long as such person owns any
Transfer Restricted Securities.

          "Indenture" shall mean the Indenture, dated as of July 2, 2001,
between the Company, the Guarantors, and SunTrust Bank, as Trustee, as
supplemented by the first supplemental indenture, dated as of July 2, 2001.

          "Liquidated Damages" shall have the meaning assigned thereto in
Section 2(c) hereof.

          "Majority Holders" means the holders of a majority of the aggregate
principal amount at maturity of the Transfer Restricted Securities satisfying
the terms and conditions for registration under the Exchange Offer Registration
Statement or the Shelf Registration Statement.

          "Notice and Questionnaire" means a Notice of Registration Statement
and Selling Security holder Questionnaire substantially in the form of Exhibit A
hereto.

                                       2
<PAGE>

          The term "person" shall mean a corporation, association, partnership,
organization, business, individual, government or political subdivision thereof
or governmental agency.

          "Purchase Agreement" shall mean the Purchase Agreement, dated as of
June 22, 2001, between the Purchasers, the Guarantors, and the Company relating
to the Securities.

          "Purchasers" shall mean the Initial Purchasers named in the Purchase
Agreement.

          "Registration Default" shall have the meaning assigned thereto in
Section 2(c) hereof.

          "Registration Expenses" shall have the meaning assigned thereto in
Section 4 hereof.

          "Resale Period" shall have the meaning assigned thereto in Section
2(a) hereof.

          "Restricted Holder" shall mean (i) a holder that is an affiliate of
the Company within the meaning of Rule 405, (ii) a holder who acquires Exchange
Notes outside the ordinary course of such holder's business, (iii) a holder who
has arrangements or understandings with any person to participate in the
Exchange Offer for the purpose of distributing Exchange Notes and (iv) a holder
that is a broker-dealer, but only with respect to Exchange Notes received by
such broker-dealer pursuant to an Exchange Offer in exchange for Transfer
Restricted Securities acquired by the broker-dealer directly from the Company.

          "Rule 144, " "Rule 405" and "Rule 415" shall mean, in each case, such
rule promulgated under the Securities Act (or any successor provision), as the
same shall be amended from time to time.

          "Securities" shall mean, collectively, the 8 1/2% Senior Subordinated
Notes due 2011 of the Company to be issued and sold to the Purchasers, and
securities issued in exchange therefor or in lieu thereof pursuant to the
Indenture.  Each Security is entitled to the benefit of the guarantees provided
for in the Indenture (the "Guarantees") and, unless the context otherwise
requires, any reference herein to a "Security," an "Exchange Note" or a
"Transfer Restricted Security" shall include a reference to the related
Guarantees.

          "Securities Act" shall mean the Securities Act of 1933, or any
successor thereto, and the rules and regulations promulgated thereunder, all as
the same shall be amended from time to time.

          "Shelf Registration" shall have the meaning assigned thereto in
Section 2(b) hereof.

          "Shelf Registration Statement" shall have the meaning assigned thereto
in Section 2(b) hereof.

          "Transfer Restricted Securities" shall mean the Securities; until:

                                       3
<PAGE>

          (1)  the date on which such Security has been exchanged by a Person
other than a broker-dealer for an Exchange Note in the Exchange Offer;

          (2)  following the exchange by a broker-dealer in the Exchange Offer
of a Security for an Exchange Note, the date on which such Exchange Note is sold
to a purchaser who receives from such broker-dealer on or prior to the date of
such sale a copy of the prospectus contained in the Exchange Offer Registration
Statement

          (3)  the date on which such Security has been effectively registered
under the Securities Act and disposed of in accordance with the Shelf
Registration Statement ; or

          (4)  the date on which such Security is distributed to the public
pursuant to Rule 144 under the Securities Act.

          "Trust Indenture Act" shall mean the Trust Indenture Act of 1939, or
any successor thereto, and the rules, regulations and forms promulgated
thereunder, all as the same shall be amended from time to time.

          Unless the context otherwise requires, any reference herein to a
"Section" or "clause" refers to a Section or clause, as the case may be, of this
Exchange and Registration Rights Agreement, and the words "herein," "hereof" and
"hereunder" and other words of similar import refer to this Exchange and
Registration Rights Agreement as a whole and not to any particular Section or
other subdivision.

          2.   Registration Under the Securities Act.

     (a)  Except as set forth in Section 2(b) below, the Company agrees to use
  its commercially reasonable efforts to file under the Securities Act, on or
  prior to, but no later than 90 days after the Closing Date, a registration
  statement relating to an offer to exchange (such registration statement, the
  "Exchange Offer Registration Statement", and such offer, the "Exchange Offer")
  any and all of the Securities for a like aggregate principal amount of debt
  securities issued by the Company and guaranteed by the Guarantors, which debt
  securities and guarantees are substantially identical to the Securities and
  the related Guarantees, respectively (and are entitled to the benefits of a
  trust indenture which is substantially identical to the Indenture or is the
  Indenture and which has been qualified under the Trust Indenture Act), except
  that they have been registered pursuant to an effective registration statement
  under the Securities Act and do not contain provisions for the Liquidated
  Damages as contemplated in Section 2(c) below (such new debt securities
  hereinafter called "Exchange Notes"). The Company agrees to use its
  commercially reasonable efforts to cause the Exchange Offer Registration
  Statement to become effective under the Securities Act and to commence the
  Exchange Offer on or prior to 150 days after the Closing Date. The Company and
  the Guarantors shall keep the Exchange Offer open for a period of not less
  than the minimum period required under applicable federal and state securities
  laws to consummate the Exchange Offer; provided, however, that in no event
  shall such period be less than 30 business days. The Exchange Offer will be
  registered under the Securities Act on the appropriate form and will comply
  with all applicable tender offer rules and regulations under the Exchange Act.
  The Company further agrees to use its commercially reasonable efforts to
  complete the Exchange Offer on or prior to 180 days after the Closing Date and
  exchange Exchange Notes for all Transfer Restricted Securities that have been
  properly tendered and not withdrawn on or prior to the expiration of the
  Exchange Offer. The Exchange Offer will be deemed to have been "completed"
  only if the

                                       4
<PAGE>

  debt securities and related guarantees received by holders other than
  Restricted Holders in the Exchange Offer for Transfer Restricted Securities
  are, upon receipt, transferable by each such holder without restriction under
  the Securities Act and the Exchange Act and without material restrictions
  under the blue sky or securities laws of a majority of the States of the
  United States of America. The Exchange Offer shall be deemed to have been
  completed upon the earlier to occur of (i) the Company having exchanged the
  Exchange Notes for all outstanding Transfer Restricted Securities pursuant to
  the Exchange Offer and (ii) the Company having exchanged, pursuant to the
  Exchange Offer, Exchange Notes for all Transfer Restricted Securities that
  have been properly tendered and not withdrawn before the expiration of the
  Exchange Offer, which shall be on a date that is at least 20 business days
  following the commencement of the Exchange Offer. The Company agrees (x) to
  include in the Exchange Offer Registration Statement a prospectus for use in
  any resales by any holder of Exchange Notes that is a broker-dealer and (y) to
  keep such Exchange Offer Registration Statement effective for a period (the
  "Resale Period") beginning when Exchange Notes are first issued in the
  Exchange Offer and ending upon the earlier of the expiration of the 180th day
  after the Exchange Offer has been completed or such time as such broker-
  dealers no longer own any Transfer Restricted Securities. With respect to such
  Exchange Offer Registration Statement, such holders shall have the benefit of
  the rights of indemnification and contribution set forth in Sections 6(a),
  (c), (d) and (e) hereof.

     (b)  If (i) the Company is not (A) required to file the Exchange Offer
  Registration Statement; or (B) permitted to consummate the Exchange Offer
  because the Exchange Offer is not permitted by applicable law or Commission
  policy, (ii) any holder of Transfer Restricted Securities notifies the Company
  prior to the 20th day following the consummation of the Exchange Offer that
  (X) it is prohibited by applicable law or Commission policy from participating
  in the Exchange Offer; or (Y ) that it may not resell the Exchange Notes
  acquired by it in the Exchange Offer to the public without delivering a
  prospectus and the prospectus contained in the Exchange Offer Registration
  Statement is not appropriate or available for resales; or (Z) that it is a
  broker-dealer and owns Securities acquired directly from the Company or an
  affiliate of the Company, the Company and the Guarantors will use their
  commercially reasonable efforts to file under the Securities Act on or prior
  to 90 days after such filing obligation arises, a "shelf" registration
  statement providing for the registration of, and the sale on a continuous or
  delayed basis by the holders of, all of the Transfer Restricted Securities,
  pursuant to Rule 415 or any similar rule that may be adopted by the Commission
  (such filing, the "Shelf Registration" and such registration statement, the
  "Shelf Registration Statement"). The Company agrees to use its commercially
  reasonable efforts (x) to cause the Shelf Registration Statement to become or
  be declared effective on or prior to 180 days after such obligation arises and
  to keep such Shelf Registration Statement continuously effective for a period
  ending on the earlier of the second anniversary of the Effective Time or such
  time as there are no longer any Transfer Restricted Securities outstanding,
  provided, however, that no holder shall be entitled to be named as a selling
  securityholder in the Shelf Registration Statement or to use the prospectus
  forming a part thereof for resales of Transfer Restricted Securities unless
  such holder is an Electing Holder, and (y) after the Effective Time of the
  Shelf Registration Statement, promptly upon the request of any holder of
  Transfer Restricted Securities that is not then an Electing Holder, to take
  any action reasonably necessary to enable such holder to use the prospectus
  forming a part thereof for resales of Transfer Restricted Securities,
  including, without limitation, any action necessary to identify such holder as
  a selling securityholder in the Shelf Registration Statement, provided,
  however, that nothing in this Clause (y) shall relieve any such holder of the
  obligation to return a completed and signed

                                       5
<PAGE>

  Notice and Questionnaire to the Company in accordance with Section 3(d)(ii)
  hereof. The Company further agrees to supplement or make amendments to the
  Shelf Registration Statement, as and when required by the rules, regulations
  or instructions applicable to the registration form used by the Company for
  such Shelf Registration Statement or by the Securities Act, and the Company
  agrees to furnish to each Electing Holder copies of any such supplement or
  amendment prior to its being used or promptly following its filing with the
  Commission.

     (c)  In the event that (i) the Company has not filed the Exchange Offer
  Registration Statement or Shelf Registration Statement on or before the date
  on which such registration statement is required to be filed pursuant to
  Section 2(a) or 2(b), respectively, or (ii) such Exchange Offer Registration
  Statement or Shelf Registration Statement has not become effective or been
  declared effective by the Commission on or before the date on which such
  registration statement is required to become or be declared effective pursuant
  to Section 2(a) or 2(b), respectively, or (iii) the Exchange Offer has not
  been completed within 180 days after the Closing Date or (iv) any Exchange
  Offer Registration Statement or Shelf Registration Statement required by
  Section 2(a) or 2(b) hereof is filed and declared effective but thereafter
  ceases to be effective or useable in connection with re-sales of Transfer
  Restricted Securities during the time periods specified herein (each such
  event referred to in clauses (i) through (iv), a "Registration Default" and
  each period during which a Registration Default has occurred and is
  continuing, a "Registration Default Period"), then, as liquidated damages for
  such Registration Default, subject to the provisions of Section 9(b),
  liquidated damages ("Liquidated Damages"), in addition to the Base Interest,
  shall accrue in an amount equal to $.05 per week per $1,000 principal amount
  of Notes held by the Holders. The amount of Liquidated Damages will increase
  by an additional $.05 per week per $1,000 principal amount of Securities with
  respect to each 90-day period until all Registration Defaults have been cured,
  up to a maximum amount of Liquidated Damages for all Registration Defaults of
  $.20 per week per $1,000 principal amount of Securities.

     (d)  The Company shall take and shall cause the Guarantors to take all
  actions necessary to be taken by it to ensure that the transactions
  contemplated herein are effected as so contemplated including all actions
  necessary to register the Guarantees under the registration statement
  contemplated in Section 2(a) or 2(b) hereof, as applicable.

     (e)  Any reference herein to a registration statement as of any time shall
  be deemed to include any document incorporated, or deemed to be incorporated,
  therein by reference as of such time and any reference herein to any post-
  effective amendment to a registration statement as of any time shall be deemed
  to include any document incorporated, or deemed to be incorporated, therein by
  reference as of such time.

          3.   Registration Procedures.

          If the Company files a registration statement pursuant to Section 2(a)
or Section 2(b), the following provisions shall apply:

     (a)  At or before the Effective Time of the Exchange Offer or the Shelf
  Registration, as the case may be, the Company shall qualify the Indenture
  under the Trust Indenture Act of 1939.

                                       6
<PAGE>

     (b)  In the event that such qualification would require of a new trustee
  under the Indenture, the Company shall appoint a new trustee thereunder
  pursuant to the applicable provisions of the Indenture.

     (c)  In connection with the Company's obligations with respect to the
  registration of Exchange Notes as contemplated by Section 2(a) (the "Exchange
  Registration"), if applicable, the Company shall:

               (i)    as soon as practicable prepare and file with the
     Commission such amendments and supplements to such Exchange Offer
     Registration Statement and the prospectus included therein as may be
     necessary to effect and maintain the effectiveness of such Exchange Offer
     Registration Statement for the periods and purposes contemplated in Section
     2(a) hereof and as may be required by the applicable rules and regulations
     of the Commission and the instructions applicable to the form of such
     Exchange Offer Registration Statement, and promptly provide each broker-
     dealer holding Exchange Notes with such number of copies of the prospectus
     included therein (as then amended or supplemented), in conformity in all
     material respects with the requirements of the Securities Act and the Trust
     Indenture Act, as such broker-dealer reasonably may request prior to the
     expiration of the Resale Period, for use in connection with resales of
     Exchange Notes;

               (ii)   promptly advise each broker-dealer that has requested or
     received copies of the prospectus included in such registration statement,
     and confirm such advice in writing, (A) when such Exchange Offer
     Registration Statement or the prospectus included therein or any prospectus
     amendment or supplement or post-effective amendment has been filed, and,
     with respect to such Exchange Offer Registration Statement or any post-
     effective amendment, when the same has become effective, (B) of any
     comments by the Commission and by the blue sky or securities commissioner
     or regulator of any state with respect thereto or any request by the
     Commission for amendments or supplements to such Exchange Offer
     Registration Statement or prospectus or for additional information, (C) of
     the issuance by the Commission of any stop order suspending the
     effectiveness of such Exchange Offer Registration Statement or the
     initiation or threatening of any proceedings for that purpose, (D) if at
     any time the representations and warranties of the Company contemplated by
     Section 5 cease to be true and correct in all material respects, (E) of the
     receipt by the Company of any notification with respect to the suspension
     of the qualification of the Exchange Notes for sale in any jurisdiction or
     the initiation or threatening of any proceeding for such purpose, or (F) at
     any time during the Resale Period when a prospectus is required to be
     delivered under the Securities Act, that such Exchange Offer Registration
     Statement, prospectus, prospectus amendment or supplement or post-effective
     amendment does not conform in all material respects to the applicable
     requirements of the Securities Act and the Trust Indenture Act or contains
     an untrue statement of a material fact or omits to state any material fact
     required to be stated therein or necessary to make the statements therein
     not misleading in light of the circumstances then existing;

               (iii)  in the event that the Company would be required, pursuant
     to Section 3(c)(ii)(F) above, to notify any broker-dealers holding Exchange
     Notes, without delay prepare and furnish to each such holder a reasonable
     number of copies of a prospectus supplemented or amended so that, as
     thereafter delivered to purchasers of such Exchange Notes during the Resale
     Period, such prospectus shall conform in all

                                       7
<PAGE>

     material respects to the applicable requirements of the Securities Act and
     the Trust Indenture Act and shall not contain an untrue statement of a
     material fact or omit to state a material fact required to be stated
     therein or necessary to make the statements therein, in light of the
     circumstances under which they were made, not misleading;

               (iv)   use its commercially reasonable efforts to obtain the
     withdrawal of any order suspending the effectiveness of such Exchange Offer
     Registration Statement or any post-effective amendment thereto at the
     earliest practicable date;

               (v)    use its commercially reasonable efforts to (A) register or
     qualify the Exchange Notes under the securities laws or blue sky laws of
     such jurisdictions as are contemplated by Section 2(a) no later than the
     commencement of the Exchange Offer, (B) keep such registrations or
     qualifications in effect and comply with such laws so as to permit the
     continuance of offers, sales and dealings therein in such jurisdictions
     until the expiration of the Resale Period and (C) take any and all other
     actions as may be reasonably necessary or advisable to enable each broker-
     dealer holding Exchange Notes to consummate the disposition thereof in such
     jurisdictions; provided, however, that neither the Company nor the
     Guarantors shall be required for any such purpose to (1) qualify as a
     foreign corporation in any jurisdiction wherein it would not otherwise be
     required to qualify but for the requirements of this Section 3(c)(v), (2)
     consent to general service of process in any such jurisdiction or (3) make
     any changes to its certificate of incorporation or by-laws or any agreement
     between it and its stockholders;

               (vi)   use its commercially reasonable efforts to obtain the
     consent or approval of each governmental agency or authority, whether
     federal, state or local, which may be required to effect the Exchange
     Registration, the Exchange Offer and the offering and sale of Exchange
     Notes by broker-dealers during the Resale Period;

               (vii)  provide a CUSIP number for all Exchange Notes, not later
     than the applicable Effective Time;

               (viii) comply with all applicable rules and regulations of the
     Commission, and make generally available to its securityholders as soon as
     practicable but no later than eighteen months after the effective date of
     such Exchange Offer Registration Statement, an earning statement of the
     Company and its subsidiaries complying with Section 11 (a) of the
     Securities Act (including, at the option of the Company, Rule 158
     thereunder).

     As a condition to its participation in the Exchange Offer pursuant to the
terms of this Agreement, each holder of Transfer Restricted Securities shall
furnish, upon the request of the Company, prior to the consummation thereof, a
written representation to the Company and the Guarantors to the effect that (A)
it is not an affiliate of the Company, (B) it is not engaged in, and does not
intend to engage in, and has no arrangement or understanding with any person to
participate in, a distribution of the Exchange Notes to be issued in the
Exchange Offer and (C) it is acquiring the Exchange Notes in the ordinary course
of its business.  In addition, all such holders of Transfer Restricted
Securities shall otherwise cooperate in the Company's and the Guarantors'
preparations for the Exchange Offer.  Each holder hereby acknowledges and agrees
that any broker-dealer and any such holder using the Exchange Offer to
participate in a distribution of the securities to be acquired in the Exchange
Offer (1) could not under

                                       8
<PAGE>

Commission policy as in effect on the date of this Agreement rely on the
position of the Commission enunciated in Exxon Capital Holdings Corporation
(available May 13, 1988) and Morgan Stanley and Co., Inc. (available June 5,
1991), as interpreted in the Commission's letter to Shearman & Sterling, dated
July 2, 1993, and similar no-action letters, and (2) must comply with the
registration and prospectus delivery requirements of the Securities Act in
connection with a secondary resale transaction and that such a secondary resale
transaction should be covered by an effective registration statement containing
the selling security holder information required by Item 507 or 508, as
applicable, of Regulation S-K if the resales are of Exchange Notes obtained by
such holder in exchange for Transfer Restricted Securities acquired by such
holder directly from the Company.

          Prior to effectiveness of the Exchange Offer Registration Statement,
the Company and the Guarantors shall state to the Commission that the Company
and the Guarantors are registering the Exchange Offer in reliance on the
position of the Commission enunciated in Exxon Capital Holdings Corporation
(available May 13, 1988) and Morgan Stanley and Co., Inc. (available June 5,
1991) and shall represent to the Commission that neither the Company nor any
Guarantor has entered into any arrangement or understanding with any person to
distribute the Exchange Notes to be received in the Exchange Offer and that, to
the best of the Company's and each Guarantor's information and belief, each
holder participating in the Exchange Offer is acquiring the Exchange Notes in
the ordinary course of its business and has no arrangement or understanding with
any Person to participate in the distribution of the Exchange Notes received in
the Exchange Offer.

          The Company and the Guarantors shall issue, upon the request of any
holder of Transfer Restricted Securities covered by the Exchange Offer, Exchange
Notes, having an aggregate principal amount equal to the aggregate principal
amount of Transfer Restricted Securities surrendered to the Company by such
holder in exchange therefor; such Exchange Notes to be registered in the name of
such holder or in the name of the purchaser(s) of such Exchange Notes, as the
case may be; in return, the Transfer Restricted Securities held by such holder
shall be surrendered to the Company for cancellation.

     (d)  In connection with the Company's obligations with respect to the Shelf
  Registration, if applicable, the Company shall:

               (i)    not less than 20 calendar days prior to the Effective Time
     of the Shelf Registration Statement, mail the Notice and Questionnaire to
     the holders of Transfer Restricted Securities; no holder shall be entitled
     to be named as a selling securityholder in the Shelf Registration Statement
     as of the Effective Time, the Company may exclude from registration the
     Transfer Registered Securities of any holder and no holder shall be
     entitled to use the prospectus forming a part thereof for resales of
     Transfer Restricted Securities at any time, unless such holder has returned
     a completed and signed Notice and Questionnaire to the Company by the
     deadline for response set forth therein; provided, however, holders of
     Transfer Restricted Securities shall have at least 15 calendar days from
     the date on which the Notice and Questionnaire is first mailed to such
     holders to return a completed and signed Notice and Questionnaire to the
     Company;

               (ii)   after the Effective Time of the Shelf Registration
     Statement, upon the written request of any holder of Transfer Restricted
     Securities that is not then an Electing Holder, promptly send a Notice and
     Questionnaire to such holder; provided that the Company shall not be
     required to take any action to name such holder as a

                                       9
<PAGE>

     selling securityholder in the Shelf Registration Statement, register the
     Transfer Restricted Securities of such holder or to enable such holder to
     use the prospectus forming a part thereof for resales of Transfer
     Restricted Securities until such holder has returned a completed and signed
     Notice and Questionnaire to the Company;

               (iii)  as soon as practicable prepare and file with the
     Commission such amendments and supplements to such Shelf Registration
     Statement and the prospectus included therein as may be necessary to effect
     and maintain the effectiveness of such Shelf Registration Statement for the
     period specified in Section 2(b) hereof and as may be required by the
     applicable rules and regulations of the Commission and the instructions
     applicable to the form of such Shelf Registration Statement, and furnish to
     the Electing Holders copies of any such supplement or amendment
     simultaneously with or prior to its being used or filed with the
     Commission. Notwithstanding the foregoing, the Company and the Guarantors
     may allow the Shelf Registration Statement to cease to become effective and
     usable for not more than 90 days in any 365 day period if (a) the board of
     directors of the Company determines in good faith that it is in the best
     interests of the Company not to disclose the existence of or facts
     surrounding any proposed or pending material corporate transaction
     involving the Company or the Guarantors, and the Company notifies the
     Electing Holders within two business days after its board of directors
     makes such determination or (b) the prospectus contained in the Shelf
     Registration Statement contains an untrue statement of a material fact or
     omits to state a material fact necessary in order to make the statements
     made therein, in the light of the circumstances under which they were made,
     nor misleading; provided that Liquidated Damages shall accrue on the Notes
     as provided in Section 2(c) hereof;

               (iv)   comply with the provisions of the Securities Act with
     respect to the disposition of all of the Transfer Restricted Securities
     covered by such Shelf Registration Statement in accordance with the
     intended methods of disposition by the Electing Holders provided for in
     such Shelf Registration Statement;

               (v)    for a reasonable period prior to the filing of such Shelf
     Registration Statement, and throughout the period specified in Section
     2(b), make available at reasonable times at the Company's principal place
     of business or such other reasonable place for inspection by (A) the
     Electing Holders, (B) the underwriters (which term, for the purposes of
     this Exchange and Registration Rights Agreement, shall include a person
     deemed to be an underwriter within the meaning of Section 2(a)(11) of the
     Securities Act), if any, thereof, (C) any sales or placement agent
     therefor, (D) counsel for any such underwriter or agent and (E) not more
     than one counsel for all the Electing Holders who shall certify to the
     Company that they have a current intention to sell the Transfer Restricted
     Securities pursuant to the Shelf Registration such financial and other
     information and books and records of the Company, and cause the officers,
     employees, counsel and independent certified public accountants of the
     Company to respond to such inquiries, as shall be reasonably necessary, in
     the judgment of the respective counsel referred to in such Section, to
     conduct a reasonable investigation within the meaning of Section 11 of the
     Securities Act; provided, however, that each such party shall be required
     to maintain in confidence and not to disclose to any other person any
     information or records reasonably designated by the Company as being
     confidential, until such time as (A) such information becomes a matter of
     public record (whether by virtue of its inclusion in such registration
     statement or otherwise), or (B) such person shall be required so to
     disclose such information pursuant to a subpoena or

                                       10
<PAGE>

     order of any court or other governmental agency or body having jurisdiction
     over the matter (subject to the requirements of such order, and only after
     such person shall have given the Company prompt prior written notice of
     such requirement), or (C) such information is required to be set forth in
     such Shelf Registration Statement or the prospectus included therein or in
     an amendment to such Shelf Registration Statement or an amendment or
     supplement to such prospectus in order that such Shelf Registration
     Statement, prospectus, amendment or supplement, as the case may be,
     complies with applicable requirements of the federal securities laws and
     the rules and regulations of the Commission and does not contain an untrue
     statement of a material fact or omit to state therein a material fact
     required to be stated therein or necessary to make the statements therein,
     in light of the circumstances under which they were made, not misleading;

               (vi)      promptly advise each of the Electing Holders, any sales
     or placement agent therefor and any underwriter thereof (which notification
     may be made through any managing underwriter that is a representative of
     such underwriter for such purpose) and confirm such advice in writing, (A)
     when such Shelf Registration Statement or the prospectus included therein
     or any prospectus amendment or supplement or post-effective amendment has
     been filed, and, with respect to such Shelf Registration Statement or any
     post-effective amendment, when the same has become effective, (B) of any
     comments by the Commission and by the blue sky or securities commissioner
     or regulator of any state with respect thereto or any request by the
     Commission for amendments or supplements to such Shelf Registration
     Statement or prospectus or for additional information, (C) of the issuance
     by the Commission of any stop order suspending the effectiveness of such
     Shelf Registration Statement or the initiation or threatening of any
     proceedings for that purpose, (D) if at any time the representations and
     warranties of the Company contemplated by Section 3(d)(xiv) or Section 5
     cease to be true and correct in all material respects, (E) of the receipt
     by the Company of any notification with respect to the suspension of the
     qualification of the Transfer Restricted Securities for sale in any
     jurisdiction or the initiation or threatening of any proceeding for such
     purpose, or (F) if at any time when a prospectus is required to be
     delivered under the Securities Act, that such Shelf Registration Statement,
     prospectus, prospectus amendment or supplement or post-effective amendment
     does not conform in all material respects to the applicable requirements of
     the Securities Act and the Trust Indenture Act and the rules and
     regulations of the Commission thereunder or contains an untrue statement of
     a material fact or omits to state any material fact required to be stated
     therein or necessary to make the statements therein, in light of the
     circumstances under which they were made, not misleading;

               (vii)     use its commercially reasonable efforts to obtain the
     withdrawal of any order suspending the effectiveness of such registration
     statement or any post-effective amendment thereto at the earliest
     practicable date;

               (viii)    if requested by any managing underwriter or
     underwriters, any placement or sales agent or any Electing Holder, promptly
     incorporate in a prospectus supplement or post-effective amendment such
     information as is required by the applicable rules and regulations of the
     Commission and as such managing underwriter or underwriters, such agent or
     such Electing Holder reasonably requests to be included therein relating to
     the terms of the sale of such Transfer Restricted Securities, including
     information with respect to the principal amount of Transfer Restricted
     Securities being sold by such Electing Holder or agent or to any
     underwriters, the name and description

                                       11
<PAGE>

     of such Electing Holder, agent or underwriter, the offering price of such
     Transfer Restricted Securities and any discount, commission or other
     compensation payable in respect thereof, the purchase price being paid
     therefor by such underwriters and with respect to any other terms of the
     offering of the Transfer Restricted Securities to be sold by such Electing
     Holder or agent or to such underwriters; and make all required filings of
     such prospectus supplement or post-effective amendment promptly after
     notification of the matters to be incorporated in such prospectus
     supplement or post-effective amendment;

               (ix)    furnish to each Electing Holder, each placement or sales
     agent, if any, therefor, each underwriter, if any, thereof and the
     respective counsel referred to in Section 3(d)(v) an executed copy (or, in
     the case of an Electing Holder, a conformed copy) of such Shelf
     Registration Statement, each such amendment and supplement thereto (in each
     case including all exhibits thereto (in the case of an Electing Holder of
     Transfer Restricted Securities, upon request) and documents incorporated by
     reference therein) and such number of copies of such Shelf Registration
     Statement (excluding exhibits thereto and documents incorporated by
     reference therein unless specifically so requested by such Electing Holder,
     agent or underwriter, as the case may be) and of the prospectus included in
     such Shelf Registration Statement (including each preliminary prospectus
     and any summary prospectus), in conformity in all material respects with
     the applicable requirements of the Securities Act and the Trust Indenture
     Act, and such other documents, as such Electing Holder, agent, if any, and
     underwriter, if any, may reasonably request in order to facilitate the
     offering and disposition of the Transfer Restricted Securities owned by
     such Electing Holder, offered or sold by such agent or underwritten by such
     underwriter and to permit such Electing Holder, agent and underwriter to
     satisfy the prospectus delivery requirements of the Securities Act; and the
     Company hereby consents to the use of such prospectus (including such
     preliminary and summary prospectus) and any amendment or supplement thereto
     by each such Electing Holder and by any such agent and underwriter, in each
     case in the form most recently provided to such person by the Company, in
     connection with the offering and sale of the Transfer Restricted Securities
     covered by the prospectus (including such preliminary and summary
     prospectus) or any supplement or amendment thereto;

               (x)     use commercially reasonable efforts to (A) register or
     qualify the Transfer Restricted Securities to be included in such Shelf
     Registration Statement under such securities laws or blue sky laws of such
     jurisdictions as any Electing Holder and each placement or sales agent, if
     any, therefor and underwriter, if any, thereof shall reasonably request,
     (B) keep such registrations or qualifications in effect and comply with
     such laws so as to permit the continuance of offers, sales and dealings
     therein in such jurisdictions during the period the Shelf Registration is
     required to remain effective under Section 2(b) above and for so long as
     may be necessary to enable any such Electing Holder, agent or underwriter
     to complete its distribution of Securities pursuant to such Shelf
     Registration Statement and (C) take any and all other actions as may be
     reasonably necessary or advisable to enable each such Electing Holder,
     agent, if any, and underwriter, if any, to consummate the disposition in
     such jurisdictions of such Transfer Restricted Securities; provided,
     however, that neither the Company nor the Guarantors shall be required for
     any such purpose to (1) qualify as a foreign corporation in any
     jurisdiction wherein it would not otherwise be required to qualify but for
     the requirements of this Section 3(d)(x), (2) consent to general service of
     process in any such jurisdiction or (3) make any changes to its certificate
     of incorporation or by-laws or any agreement between it and its
     shareholders;

                                       12
<PAGE>

               (xi)      use its commercially reasonable efforts to obtain the
     consent or approval of each governmental agency or authority, whether
     federal, state or local, which may be required to effect the Shelf
     Registration or the offering or sale in connection therewith or to enable
     the selling holder or holders to offer, or to consummate the disposition
     of, their Transfer Restricted Securities;

               (xii)     unless any Transfer Restricted Securities shall be in
     book-entry only form, cooperate with the Electing Holders and the managing
     underwriters, if any, to facilitate the timely preparation and delivery of
     certificates representing Transfer Restricted Securities to be sold, which
     certificates, if so required by any securities exchange upon which any
     Transfer Restricted Securities are listed, shall be penned, lithographed or
     engraved, or produced by any combination of such methods, on steel engraved
     borders, and which certificates shall not bear any restrictive legends;
     and, in the case of an underwritten offering, enable such Transfer
     Restricted Securities to be in such denominations and registered in such
     names as the managing underwriters may request at least two business days
     prior to any sale of the Transfer Restricted Securities;

               (xiii)    provide a CUSIP number for all Transfer Restricted
     Securities, not later than the applicable Effective Time;

               (xiv)     enter into one or more underwriting agreements,
     engagement letters, agency agreements, "best efforts" underwriting
     agreements or similar agreements, as appropriate, including customary
     provisions relating to indemnification and contribution, make such
     representations and warranties and take such other actions in connection
     therewith as the Majority Holders shall reasonably request in order to
     expedite or facilitate the disposition of such Transfer Restricted
     Securities;

               (xv)      whether or not an agreement of the type referred to in
     Section 3(d)(xiv) hereof is entered into and whether or not any portion of
     the offering contemplated by the Shelf Registration is an underwritten
     offering or is made through a placement or sales agent or any other entity,
     (A) furnish a certificate, dated the date of the effectiveness of the Shelf
     Registration Statement, signed by the Chairman of the Board, the President
     or a Vice President and the Chief Financial Officer of the Company,
     confirming, as of the date thereof, the matters set forth in Section 7(h)
     of the Purchase Agreement and such other matters as the managing
     underwriters, if any, or as the Majority Holders may reasonably request;
     (B) obtain an opinion of counsel to the Company in customary form and
     covering such matters, of the type customarily covered by such an opinion,
     as the managing underwriters, if any, or as the Majority Holders may
     reasonably request, addressed to such Electing Holder or Electing Holders
     and the placement or sales agent, if any, therefor and the underwriters, if
     any, thereof and dated the effective date of such Shelf Registration
     Statement (and if such Shelf Registration Statement contemplates an
     underwritten offering of a part or all of the Transfer Restricted
     Securities, dated the date of the closing under the underwriting agreement
     relating thereto) (it being agreed that the matters to be covered by such
     opinion shall include the matters similar to those covered in Sections 7(c)
     and 7(d) of the Purchase Agreement and such others as the managing
     underwriters, if any, or the Majority Holders may reasonably request); (C)
     obtain a "cold comfort" letter or letters from the independent certified
     public accountants of the Company addressed to the selling Electing
     Holders, the placement or sales agent, if any, therefor or the
     underwriters, if any, thereof, dated (i) the effective date of such Shelf
     Registration Statement and (ii) the effective date of any prospectus
     supplement to the prospectus included in such Shelf

                                       13
<PAGE>

     Registration Statement or post-effective amendment to such Shelf
     Registration Statement which includes unaudited or audited financial
     statements as of a date or for a period subsequent to that of the latest
     such statements included in such prospectus (and, if such Shelf
     Registration Statement contemplates an underwritten offering pursuant to
     any prospectus supplement to the prospectus included in such Shelf
     Registration Statement or post-effective amendment to such Shelf
     Registration Statement which includes unaudited or audited financial
     statements as of a date or for a period subsequent to that of the latest
     such statements included in such prospectus, dated the date of the closing
     under the underwriting agreement relating thereto), such letter or letters
     to be in customary form and covering such matters of the type customarily
     covered by letters of such type; (D) deliver such documents and
     certificates, including officers' certificates, as may be reasonably
     requested by any Electing Holders of at least 30% in aggregate principal
     amount of the Transfer Restricted Securities at the time outstanding or the
     placement or sales agent, if any, therefor and the managing underwriters,
     if any, thereof to evidence the accuracy of the representations and
     warranties made pursuant to clause (A) above or those contained in Section
     5(a) hereof and the compliance with or satisfaction of any agreements or
     conditions contained in the underwriting agreement or other agreement
     entered into by the Company or the Guarantors; and (E) undertake such
     obligations relating to expense reimbursement, indemnification and
     contribution as are provided in Section 6 hereof;

               (xvi)     notify in writing each holder of Transfer Restricted
     Securities of any proposal by the Company to amend or waive any provision
     of this Exchange and Registration Rights Agreement pursuant to Section 9(h)
     hereof and of any amendment or waiver effected pursuant thereto, each of
     which notices shall contain the text of the amendment or waiver proposed or
     effected, as the case may be;

               (xvii)    in the event that any broker-dealer registered under
     the Exchange Act shall underwrite any Transfer Restricted Securities or
     participate as a member of an underwriting syndicate or selling group or
     "assist in the distribution" (within the meaning of the Conduct Rules (the
     "Conduct Rules") of the National Association of Securities Dealers, Inc.
     ("NASD") or any successor thereto, as amended from time to time) thereof,
     whether as a holder of such Transfer Restricted Securities or as an
     underwriter, a placement or sales agent or a broker or dealer in respect
     thereof, or otherwise, assist such broker-dealer in complying with the
     requirements of such Conduct Rules, including by (A) if such Conduct Rules
     shall so require, engaging a "qualified independent underwriter" (as
     defined in such Conduct Rules) to participate in the preparation of the
     Shelf Registration Statement relating to such Transfer Restricted
     Securities, to exercise usual standards of due diligence in respect thereto
     and, if any portion of the offering contemplated by such Shelf Registration
     Statement is an underwritten offering or is made through a placement or
     sales agent, to recommend the yield of such Transfer Restricted Securities,
     (B) indemnifying any such qualified independent underwriter to the extent
     of the indemnification of underwriters provided in Section 6 hereof (or to
     such other customary extent as may be requested by such underwriter), and
     (C) providing such information to such broker-dealer as may be required in
     order for such broker-dealer to comply with the requirements of the Conduct
     Rules; and

               (xviii)   comply with all applicable rules and regulations of the
     Commission, and make generally available to its securityholders as soon as
     practicable but in any event not later than eighteen months after the
     effective date of such Shelf

                                       14
<PAGE>

     Registration Statement, an earning statement of the Company and its
     subsidiaries complying with Section 11 (a) of the Securities Act
     (including, at the option of the Company, Rule 158 thereunder).

     (e)   In the event that the Company would be required, pursuant to Section
   3(d)(viii)(F) above, to notify the Electing Holders, the placement or sales
   agent, if any, therefor and the managing underwriters, if any, thereof, the
   Company shall without delay prepare and furnish to each of the Electing
   Holders, to each placement or sales agent, if any, and to each such
   underwriter, if any, a reasonable number of copies of a prospectus
   supplemented or amended so that, as thereafter delivered to purchasers of
   Transfer Restricted Securities, such prospectus shall conform in all material
   respects to the applicable requirements of the Securities Act and the Trust
   Indenture Act and shall not contain an untrue statement of a material fact or
   omit to state a material fact required to be stated therein or necessary to
   make the statements therein, in light of the circumstances under which they
   were made, not misleading. Each Electing Holder agrees that upon receipt of
   any notice from the Company pursuant to Section 3(d)(vi)(F) hereof, such
   Electing Holder shall forthwith discontinue the disposition of Transfer
   Restricted Securities pursuant to the Shelf Registration Statement applicable
   to such Transfer Restricted Securities until such Electing Holder shall have
   received copies of such amended or supplemented prospectus, and if so
   directed by the Company, such Electing Holder shall deliver to the Company
   (at the Company's expense) all copies, other than permanent file copies, then
   in such Electing Holder's possession of the prospectus covering such Transfer
   Restricted Securities at the time of receipt of such notice.

     (f)   In the event of a Shelf Registration, in addition to the information
   required to be provided by each Electing Holder in its Notice Questionnaire,
   the Company may require such Electing Holder to furnish to the Company such
   additional information regarding such Electing Holder and such Electing
   Holder's intended method of distribution of Transfer Restricted Securities as
   may be required in order to comply with the Securities Act and may exclude
   from registration the Transfer Restricted Securities of any holder who fails
   to furnish such information within a reasonable time after receiving such
   request. Each such Electing Holder agrees to notify the Company as promptly
   as practicable of any inaccuracy or change in information previously
   furnished by such Electing Holder to the Company or of the occurrence of any
   event in either case as a result of which any prospectus relating to such
   Shelf Registration contains or would contain an untrue statement of a
   material fact regarding such Electing Holder or such Electing Holder's
   intended method of disposition of such Transfer Restricted Securities or
   omits to state any material fact regarding such Electing Holder or such
   Electing Holder's intended method of disposition of such Transfer Restricted
   Securities required to be stated therein or necessary to make the statements
   therein, in light of the circumstances under which they were made not
   misleading, and promptly to furnish to the Company any additional information
   required to correct and update any previously furnished information or
   required so that such prospectus shall not contain, with respect to such
   electing Holder or the disposition of such Transfer Restricted Securities, an
   untrue statement of a material fact or omit to state a material fact required
   to be stated therein in light of the circumstances under which they were
   made, not misleading in light of the circumstances then existing.

     (g)   Until the expiration of two years after the Closing Date, the Company
   will not, and will not permit any of its "affiliates" (as defined in Rule
   144) to, resell any of the Securities that have been reacquired by any of
   them except pursuant to an effective registration statement under the
   Securities Act.

                                       15
<PAGE>

          4.   Registration Expenses.

          The Company agrees to bear and to pay or cause to be paid promptly all
expenses incident to the Company's performance of or compliance with this
Exchange and Registration Rights Agreement, including (a) all Commission and any
NASD registration, filing and review fees and expenses, including reasonable
fees and disbursements of counsel for the placement or sales agent or
underwriters in connection with such registration, filing and review, (b) all
fees and expenses in connection with the qualification of the Securities for
offering and sale under the State securities and blue sky laws referred to in
Section 3(d)(xii) hereof and determination of their eligibility for investment
under the laws of such jurisdictions as any managing underwriters or the
Electing Holders may designate, including any reasonable fees and disbursements
of counsel for the Electing Holders or underwriters in connection with such
qualification and determination, (c) all expenses relating to the preparation,
printing, production, distribution and reproduction of each registration
statement required to be filed hereunder, each prospectus included therein or
prepared for distribution pursuant hereto, each amendment or supplement to the
foregoing, the expenses of preparing the Securities for delivery and the
expenses of printing or producing any underwriting agreements, agreements among
underwriters, selling agreements and blue sky or legal investment memoranda and
all other documents in connection with the offering, sale or delivery of
Securities to be disposed of (including certificates representing the
Securities), (d) messenger, telephone and delivery expenses relating to the
offering, sale or delivery of Securities and the preparation of documents
referred in clause (c) above, (e) fees and expenses of the Trustee under the
Indenture, any agent of the Trustee and any counsel for the Trustee of any
collateral agent or custodian, (f) internal expenses (including all salaries and
expenses of the Company's officers and employees performing legal or accounting
duties), (g) fees, disbursements and expenses of counsel and independent
certified public accountants of the Company (including the expenses of any
opinions or "cold comfort" letters required by or incident to such performance
and compliance), (h) fees, disbursements and expenses of any "qualified
independent underwriter" engaged pursuant to Section 3(d)(xvii) hereof, (i)
reasonable fees, disbursements and expenses of one counsel for the Electing
Holders retained in connection with a Shelf Registration, as selected by the
Electing Holders of at least a majority in aggregate principal amount of the
Transfer Restricted Securities held by Electing Holders (which counsel shall be
reasonably satisfactory to the Company), (j) any fees charged by securities
rating services for rating the Securities, and (k) fees, expenses and
disbursements of any other persons, including special experts, retained by the
Company in connection with such registration (collectively, the "Registration
Expenses"). To the extent that any Registration Expenses are incurred, assumed
or paid by any holder of Transfer Restricted Securities or any placement or
sales agent therefor or underwriter thereof, the Company shall reimburse such
person for the full amount of the Registration Expenses so incurred, assumed or
paid promptly after receipt of a request therefor. Notwithstanding the
foregoing, the holders of the Transfer Restricted Securities being registered
shall pay all agency fees and commissions and underwriting discounts and
commissions and transfer taxes attributable to the sale of such Transfer
Restricted Securities and the fees and disbursements of any counsel or other
advisors or experts retained by such holders (severally or jointly), other than
the counsel and experts specifically referred to above.

          5.   Representations and Warranties.

          The Company represents and warrants to, and agrees with, each
Purchaser and each of the holders from time to time of Transfer Restricted
Securities that:

                                       16
<PAGE>

     (a)   Each registration statement covering Transfer Restricted Securities
   and each prospectus (including any preliminary or summary prospectus)
   contained therein or furnished pursuant to Section 3(d) or Section 3(c)
   hereof and any further amendments or supplements to any such registration
   statement or prospectus, when it becomes effective or is filed with the
   Commission, as the case may be, and, in the case of an underwritten offering
   of Transfer Restricted Securities, at the time of the closing under the
   underwriting agreement relating thereto, will conform in all material
   respects to the requirements of the Securities Act and the Trust Indenture
   Act and will not contain an untrue statement of a material fact or omit to
   state a material fact required to be stated therein or necessary to make the
   statements therein, in light of the circumstances under which they were made,
   not misleading; and at all times subsequent to the Effective Time when a
   prospectus would be required to be delivered under the Securities Act, other
   than from (i) such time as a notice has been given to holders of Transfer
   Restricted Securities pursuant to Section 3(d)(vi)(F) or Section 3(c)(ii)(F)
   hereof until (ii) such time as the Company furnishes an amended or
   supplemented prospectus pursuant to Section 3(e) or Section 3(c)(iii) hereof,
   each such registration statement, and each prospectus (including any summary
   prospectus) contained therein or furnished pursuant to Section 3(d) or
   Section 3(c) hereof, as then amended or supplemented, will conform in all
   material respects to the requirements of the Securities Act and the Trust
   Indenture Act and will not contain an untrue statement of a material fact or
   omit to state a material fact required to be stated therein or necessary to
   make the statements therein, in light of the circumstances under which they
   were made, not misleading; provided, however, that this representation and
   warranty shall not apply to any statements or omissions made in reliance upon
   and in conformity with information furnished in writing to the Company by or
   on behalf of a holder of Transfer Restricted Securities expressly for use
   therein.

     (b)   Any documents incorporated by reference in any prospectus referred to
   in Section 5(a) hereof, when they become or became effective or are or were
   filed with the Commission, as the case may be, will conform or conformed in
   all material respects to the requirements of the Securities Act or the
   Exchange Act, as applicable, and none of such documents will contain or
   contained an untrue statement of a material fact or will omit or omitted to
   state a material fact required to be stated therein or necessary to make the
   statements therein, in light of the circumstances under which they were made,
   not misleading; provided, however, that this representation and warranty
   shall not apply to any statements or omissions made in reliance upon and in
   conformity with information furnished in writing to the Company by or on
   behalf of a holder of Transfer Restricted Securities expressly for use
   therein.

     (c)   The compliance by the Company with all of the provisions of this
   Exchange and Registration Rights Agreement and the consummation of the
   transactions herein contemplated will not conflict with or result in a breach
   or violation of any of the terms or provisions of, or constitute a default
   under, (i) any indenture, mortgage, deed of trust, loan agreement or other
   agreement or instrument to which the Company or any subsidiary of the Company
   is a party or by which the Company or any subsidiary of the Company is bound
   or to which any of the property or assets of the Company or any subsidiary of
   the Company is subject, and that is required to be filed with the Commission
   under Item 601(b)(10) of Regulation S-K, which breach, violation or default
   would not reasonably be expected to have a material adverse effect on the
   business, financial condition or results of operations of the Company and its
   subsidiaries, taken as a whole ("Material Adverse Effect"), (ii) the
   provisions of the charter or the by-laws of the Company or the Guarantors or
   (iii) any statute or any order, rule or regulation of any court or
   governmental agency or body having

                                       17
<PAGE>

   jurisdiction over the Company or any subsidiary of the Company or any of
   their properties that would reasonably be expected to have a Material Adverse
   Effect; and no consent, approval, authorization, order, registration or
   qualification of or with any such court or governmental agency or body is
   required for the consummation by the Company and the Guarantors of the
   transactions contemplated by this Exchange and Registration Rights Agreement,
   except the registration under the Securities Act of the Securities,
   qualification of the Indenture under the Trust Indenture Act and such
   consents, approvals, authorizations, registrations or qualifications as may
   be required under State securities or blue sky laws in connection with the
   offering and distribution of the Securities.

     (d)   This Exchange and Registration Rights Agreement has been duly
   authorized, executed and delivered by the Company.

           6.    Indemnification.

     (a)   Indemnification by the Company and the Guarantors.  The Company and
   the Guarantors, jointly and severally, will indemnify and hold harmless each
   of the holders of Transfer Restricted Securities included in an Exchange
   Offer Registration Statement, each of the Electing Holders of Transfer
   Restricted Securities included in a Shelf Registration Statement and each
   person who participates as a placement or sales agent or as an underwriter in
   any offering or sale of such Transfer Restricted Securities against any
   losses, claims, damages or liabilities, joint or several, to which such
   holder, agent or underwriter may become subject under the Securities Act or
   otherwise, insofar as such losses, claims, damages and liabilities (or
   actions in respect thereof) arise out of or are based upon an untrue
   statement or alleged untrue statement of a material fact contained in any
   Exchange Offer Registration Statement or Shelf Registration Statement, as the
   case may be, under which such Transfer Restricted Securities were registered
   under the Securities Act, or any preliminary, final or summary prospectus
   contained therein or furnished by the Company to any such holder, Electing
   Holder, agent or underwriter, or any amendment or supplement thereto, or
   arise out of or are based upon the omission or alleged omission to state
   therein a material fact required to be stated therein or necessary to make
   the statements therein, in light of the circumstances under which they were
   made, not misleading, and will reimburse such holder, such Electing Holder,
   such agent and such underwriter for any legal or other expenses reasonably
   incurred by them in connection with investigating or defending any such
   action or claim as such expenses are incurred; provided, however, that
   neither the Company nor the Guarantors shall be liable to any such person in
   any such case to the extent that any such loss, claim, damage or liability
   arises out of or is based upon an untrue statement or alleged untrue
   statement or omission or alleged omission made in such registration
   statement, or preliminary, final or summary prospectus, or amendment or
   supplement thereto, in reliance upon and in conformity with written
   information furnished to the Company by or on behalf of such person expressly
   for use therein and provided further that with respect to any such untrue
   statement or omission made in the preliminary prospectus, the foregoing
   indemnity shall not inure to the benefit of the holder from whom the person
   asserting such loss, claim, damage, liability or action purchased the
   Transfer Restricted Securities, to the extent that such sale was a sale by
   the holder and any such loss, claim, damage, liability or action of such
   holder is a result of the fact that both (i) a copy of the prospectus (or the
   prospectus as then amended or supplemented) was not sent or given to such
   person at or prior to the written confirmation of the sale of such Transfer
   Restricted Securities to such person, and (ii) the untrue statement or
   omission in the preliminary prospectus was corrected in the prospectus (or
   the prospectus as then

                                       18
<PAGE>

   amended or supplemented) unless, such failure to deliver the prospectus was a
   result of noncompliance by the Company.

     (b)   Indemnification by the Holders and any Agents and Underwriters The
   Electing Holder of Transfer Restricted Securities included in any
   registration statement filed pursuant to Section 2(b) hereof and each
   underwriter named in any such underwriting agreement with respect thereto,
   severally and not jointly, will (i) indemnify and hold harmless the Company
   the Guarantors, and all other holders of Transfer Restricted Securities,
   against any losses, claims, damages and liabilities to which the Company the
   Guarantors or such other holders of Transfer Restricted Securities may become
   subject, under the Securities Act or otherwise, insofar as such losses,
   claims, damages or liabilities (or actions in respect thereof) arise out of
   or are based upon an untrue statement or alleged untrue statement of a
   material fact contained in such registration statement, or any preliminary,
   final or summary prospectus contained therein or furnished by the Company to
   any such Electing Holder, agent or underwriter, or any amendment or
   supplement thereto, or arise out of or are based upon the omission or alleged
   omission to state therein a material fact required to be stated therein or
   necessary to make the statements therein not misleading, in each case to the
   extent, but only to the extent, that such untrue statement or alleged untrue
   statement or omission or alleged omission was made in reliance upon and in
   conformity with written information furnished to the Company by or on behalf
   of such Electing Holder or underwriter expressly for use therein, and (ii)
   reimburse the Company and the Guarantors for any legal or other expenses
   reasonably incurred by the Company and the Guarantors in connection with
   investigating or defending any such action or claim as such expenses are
   incurred; provided, however, that no such Electing Holder shall be required
   to undertake liability to any person under this Section 6(b) for any amounts
   in excess of the dollar amount of the proceeds to be received by such
   Electing Holder from the sale of such Electing Holder's Transfer Restricted
   Securities pursuant to such registration.

     (c)   Notices of Claims, Etc. Promptly after receipt by an indemnified
   party under subsection (a) or (b) above of written notice of the commencement
   of any action, such indemnified party shall, if a claim in respect thereof is
   to be made against an indemnifying party pursuant to the indemnification
   provisions of or contemplated by this Section 6, notify such indemnifying
   party in writing of the commencement of such action; but the failure so to
   notify the indemnifying party shall not relieve the indemnifying party from
   any liability which it may have to any indemnified party otherwise than under
   the indemnification provisions of or contemplated by Section 6(a) or 6(b)
   hereof. In case any such action shall be brought against any indemnified
   party and it shall notify an indemnifying party of the commencement thereof,
   such indemnifying party shall be entitled to participate therein and, to the
   extent that it shall wish, jointly with any other indemnifying party
   similarly notified, to assume the defense thereof, with counsel reasonably
   satisfactory to such indemnified party (who shall not, except with the
   consent of the indemnified party, be counsel to the indemnifying party), and,
   after notice from the indemnifying party to such indemnified party of its
   election so to assume the defense thereof, such indemnifying party shall not
   be liable to such indemnified party for any legal expenses of other counsel
   or any other expenses, in each case subsequently incurred by such indemnified
   party, in connection with the defense thereof other than reasonable costs of
   investigation. No indemnifying party shall, without the written consent of
   the indemnified party, effect the settlement or compromise of, or consent to
   the entry of any judgment with respect to, any pending or threatened action
   or claim in respect of which indemnification or contribution may be sought
   hereunder (whether or not the indemnified party is an actual or potential
   party to such action or claim) unless

                                       19
<PAGE>

   such settlement, compromise or judgment (i) includes an unconditional release
   of the indemnified party from all liability arising out of such action or
   claim and (ii) does not include a statement as to, or an admission of fault,
   culpability or a failure to act by or on behalf of any indemnified party.

     (d)   Contribution. If for any reason the indemnification provisions
   contemplated by Section 6(a) or Section 6(b) are unavailable to or
   insufficient to hold harmless an indemnified party in respect of any losses,
   claims, damages or liabilities (or actions in respect thereof) referred to
   therein, then each indemnifying party shall contribute to the amount paid or
   payable by such indemnified party as a result of such losses, claims, damages
   or liabilities (or actions in respect thereof) (i) in such proportion as is
   appropriate to reflect the relative benefits received by the indemnifying
   party and the indemnified party from the sate of the Transfer Restricted
   Securities or (ii) if the allocation provided by clause (i) is not permitted
   by applicable law, in such proportion as is appropriate to reflect the
   relative fault of the indemnifying party and the indemnified party in
   connection with the statements or omissions which resulted in such losses,
   claims, damages or liabilities (or actions in respect thereof), as well as
   any other relevant equitable considerations. The relative fault of such
   indemnifying party and indemnified party shall be determined by reference to,
   among other things, whether the untrue or alleged untrue statement of a
   material fact or omission or alleged omission to state a material fact
   relates to information supplied by such indemnifying party or by such
   indemnified party, and the parties' relative intent, knowledge, access to
   information and opportunity to correct or prevent such statement or omission.
   The parties hereto agree that it would not be just and equitable if
   contributions pursuant to this Section 6(d) were determined by pro rata
   allocation (even if the holders or any agents or underwriters or all of them
   were treated as one entity for such purpose) or by any other method of
   allocation which does not take account of the equitable considerations
   referred to in this Section 6(d). The amount paid or payable by an
   indemnified party as a result of the losses, claims, damages, or liabilities
   (or actions in respect thereof) referred to above shall be deemed to include
   any legal or other fees or expenses reasonably incurred by such indemnified
   party in connection with investigating or defending any such action or claim.
   Notwithstanding the provisions of this Section 6(d), no holder shall be
   required to contribute any amount in excess of the amount by which the dollar
   amount of the proceeds received by such holder from the sale of any Transfer
   Restricted Securities (after deducting any fees, discounts and commissions
   applicable thereto) exceeds the amount of any damages which such holder has
   otherwise been required to pay by reason of such untrue or alleged untrue
   statement or omission or alleged omission, and no underwriter shall be
   required to contribute any amount in excess of the amount by which the total
   price at which the Transfer Restricted Securities underwritten by it and
   distributed to the public were offered to the public exceeds the amount of
   any damages which such underwriter has otherwise been required to pay by
   reason of such untrue or all untrue statement or omission or alleged
   omission. No person guilty of fraudulent misrepresentation (within the
   meaning of Section 11 (f) of the Securities Act) shall be entitled to
   contribution from any person who was not guilty of such fraudulent
   misrepresentation. The holders' and any underwriters' obligations in this
   Section 6(d) to contribute shall be several in proportion to the principal
   amount of Transfer Restricted Securities registered or under-written, as the
   case may be, by them and not joint.

     (e)   The obligations of the Company and the Guarantors under this Section
   6 shall be in addition to any liability which the Company or the Guarantors
   may otherwise have and shall extend, upon the same terms and conditions, to
   each officer, director and partner of each holder, agent and underwriter and
   each person, if any, who controls any holder, agent or

                                       20
<PAGE>

   underwriter within the meaning of the Securities Act; and the obligations of
   the holders and any agents or underwriters contemplated by this Section 6
   shall be in addition to any liability which the respective holder, agent or
   underwriter may otherwise have and shall extent, upon the same terms and
   conditions, to each officer and director of the Company or the Guarantors
   (including any person who, with his consent, is named in any registration
   statement as about to become a director of the Company or the Guarantors) and
   to each person, if any, who controls the Company within the meaning of the
   Securities Act.

          7.     Underwritten Offerings.

     (a)   Selection of Underwriters. If any of the Transfer Restricted
   Securities covered by the Shelf Registration are to be sold pursuant to an
   underwritten offering, the managing underwriter or underwriters thereof shall
   be designated by Electing Holders holding at least a majority in aggregate
   principal amount of the Transfer Restricted Securities to be included in such
   offering, provided that such designated managing underwriter or underwriters
   is or are reasonably acceptable to the Company.

     (b)   Participation by Holders. Each holder of Transfer Restricted
   Securities hereby agrees with each other such holder that no such holder may
   participate in any underwritten offering hereunder unless such holder (i)
   agrees to sell such holder's Transfer Restricted Securities on the basis
   provided in any underwriting arrangements approved by the persons entitled
   hereunder to approve such arrangements and (ii) completes and executes all
   questionnaires, powers of attorney, indemnities, underwriting agreements and
   other documents reasonably required under the terms of such underwriting
   arrangements.

          8.     Rule 144 and Rule 144A.

          The Company covenants to the holders of Transfer Restricted Securities
that to the extent it shall be required to do so under the Exchange Act, the
Company shall timely file the reports required to be filed by it under the
Exchange Act or the Securities Act (including the reports under Sections 13 and
15(d) of the Exchange Act referred to in subparagraph (c)(1) of Rule 144 adopted
by the Commission under the Securities Act), and shall take such further action
as any holder of Transfer Restricted Securities may reasonably request, all to
the extent required from time to time to enable such holder to, sell Transfer
Restricted Securities without registration under the Securities Act within the
limitations of the exemption provided by Rule 144  and Rule 144A under the
Securities Act, as such Rule may be amended from time to time, or any similar or
successor rule or regulation hereafter adopted by the Commission. Upon the
request of any holder of Transfer Restricted Securities in connection with that
holder's sale pursuant to Rule 144 or Rule 144A, the Company shall deliver to
such holder a written statement as to whether it has complied with such
requirements.

          9.     Miscellaneous.

     (a)   No Inconsistent Agreements. The Company represents, warrants,
   covenants and agrees that it has not granted, and shall not grant,
   registration rights with respect to Transfer Restricted Securities or any
   other securities which would be inconsistent with the terms contained in this
   Exchange and Registration Rights Agreement.

     (b)   Specific Performance.  The parties hereto acknowledge that there
   would be no adequate remedy at law if the Company fails to perform any of its
   obligations hereunder and that the Purchasers and the holders from time to
   time of the Transfer Restricted

                                       21
<PAGE>

   Securities may be irreparably harmed by any such failure, and accordingly
   agree that the Purchasers and such holders, in addition to any other remedy
   to which they may be entitled at law or in equity, shall the entitled to
   compel specific performance of the obligations of the Company under this
   Exchange and Registration Rights Agreement in accordance with the terms and
   conditions of this Exchange and Registration Rights Agreement, in any court
   of the United States or any State thereof having jurisdiction.

     (c)   Notices. All notices, requests, claims, demands, waivers and other
   communications hereunder shall be in writing and shall be deemed to have been
   duly given when delivered by hand, if delivered personally or by courier, or
   three days after being deposited in the mail (registered or certified mail,
   postage prepaid, return receipt requested) as follows: If to the Company, to
   it at 4800 Cox Road, Glen Allen, Virginia 23060, Attention: Drew St. J.
   Carneal and if to a holder, to the address of such holder set forth in the
   security register or other records of the Company, or to such other address
   as the Company or any such holder may have furnished to the other in writing
   in accordance herewith, except that notices of change of address shall be
   effective only upon receipt.

     (d)   Parties in Interest. All the terms and provisions of this Exchange
   and Registration Rights Agreement shall be binding upon, shall inure to the
   benefit of and shall be enforceable by the parties hereto and the holders
   from time to time of the Transfer Restricted Securities and the respective
   successors and assigns of the parties hereto and such holders. In the event
   that any transferee of any holder of Transfer Restricted Securities shall
   acquire Transfer Restricted Securities, in any manner, whether by gift,
   bequest, purchase, operation of law or otherwise, such transferee shall,
   without any further writing or action of any kind, be deemed a beneficiary
   hereof for all purposes and such Transfer Restricted Securities shall be held
   subject to all of the terms of this Exchange and Registration Rights
   Agreement, and by taking and holding such Transfer Restricted Securities such
   transferee shall be entitled to receive the benefits of, and be conclusively
   deemed to have agreed to be bound by all of the applicable terms and
   provisions of this Exchange and Registration Rights Agreement. If the Company
   shall so request, any such successor, assign or transferee shall agree in
   writing to acquire and hold the Transfer Restricted Securities subject to all
   of the applicable terms hereof.

     (e)   Survival.  The respective indemnities, agreements, representations,
   warranties and each other provision set forth in this Exchange and
   Registration Rights Agreement or made pursuant hereto shall remain in full
   force and effect regardless of any investigation (or statement as to the
   results thereof) made by or on behalf of any holder of Transfer Restricted
   Securities, any director, officer or partner of such holder, any agent or
   underwriter or any director, officer or partner thereof, or any controlling
   person of any of the foregoing, and shall survive delivery of and payment for
   the Transfer Restricted Securities pursuant to the Purchase Agreement and the
   transfer and registration of Transfer Restricted Securities by such holder
   and the consummation of an Exchange Offer.

     (f)   Governing Law. This Exchange and Registration Rights Agreement shall
   be governed by and construed in accordance with the laws of the State of New
   York.

     (g)   Headings. The descriptive headings of the several Sections and
   paragraphs of this Exchange and Registration Rights Agreement are inserted
   for convenience only, do not constitute a part of this Exchange and
   Registration Rights Agreement and shall not affect in any way the meaning or
   interpretation of this Exchange and Registration Rights Agreement.

                                       22
<PAGE>

     (h)   Entire Agreement; Amendments. This Exchange and Registration Rights
   Agreement and the other writings referred to herein (including the Indenture
   and the form of Securities) or delivered pursuant hereto which form a part
   hereof contain the entire understanding of the parties with respect to its
   subject matter. This Exchange and Registration Rights Agreement supersedes
   all prior agreements and understandings between the parties with respect to
   its subject matter.  This Exchange and Registration Rights Agreement may be
   amended and the observance of any term of this Exchange and Registration
   Rights Agreement may be waived (either generally or in a particular instance
   and either retroactively or prospectively) only by a written instrument duly
   executed by the Company and the holders of at least a majority in aggregate
   principal amount of the Transfer Restricted Securities at the time
   outstanding.  Each holder of any Transfer Restricted Securities at the time
   or thereafter outstanding shall be bound by any amendment or waiver effected
   pursuant to this Section 9(h), whether or not any notice, writing or marking
   indicating such amendment or waiver appears on such Transfer Restricted
   Securities or is delivered to such holder.

     (i)   Inspection. For so long as this Exchange and Registration Rights
   Agreement shall be in effect, this Exchange and Registration Rights Agreement
   and a complete list of the names and addresses of all the holders of Transfer
   Restricted Securities shall be made available for inspection and copying on
   any business day by any holder of Transfer Restricted Securities for proper
   purposes only (which shall include any purpose related to the rights of the
   holders of Transfer Restricted Securities under the Securities, the Indenture
   and this Agreement) at the offices of the Company at the address thereof set
   forth in Section 9(c) above and at the office of the Trustee under the
   Indenture.

     (j)   Counterparts. This agreement may be executed by the parties in
   counterparts, each of which shall be deemed to be an original, but all such
   respective counterparts shall together constitute one and the same
   instrument.

                                       23
<PAGE>

          If the foregoing is in accordance with your understanding, please sign
and return to us one for the Company, the Guarantors and each of the
Representatives plus one for each counsel counterparts hereof, and upon the
acceptance hereof by you, on behalf of each of the Purchasers, this letter and
such acceptance hereof shall constitute a binding agreement between each of the
Purchasers, the Guarantors and the Company. It is understood that your
acceptance of this letter on behalf of each of the Purchasers is pursuant to the
authority set forth in a form of Agreement among Purchasers, the form of which
shall be submitted to the Company for examination upon request, but without
warranty on your part as to the authority of the signers thereof.

                              Very truly yours,

                              OWENS & MINOR, INC.

                              By:_____________________________________
                                 Name:  Craig R. Smith

                                 Title: President and Chief Operating Officer

                              Owens & Minor Medical, Inc.
                              National Medical Supply Corporation
                              Owens & Minor West, Inc.
                              Koley's Medical Supply, Inc.
                              Stuart Medical, Inc.

                              By:_____________________________________
                                 Name:  Craig R. Smith
                                 Title: President and Chief Operating Officer

Accepted as of the date hereof:

Lehman Brothers Inc.
Banc of America Securities LLC
Merrill Lynch, Pierce, Fenner & Smith
            Incorporated
First Union Securities, Inc.
Goldman, Sachs & Co.
          J.P. Morgan Securities Inc.

          By:  Lehman Brothers Inc. on behalf of the Purchasers

          By:  .................................................

                                       24
<PAGE>

                                                                       Exhibit A

                                 Owens & Minor

                        INSTRUCTION TO DTC PARTICIPANTS
                        -------------------------------

                               (Date of Mailing)

                    URGENT - IMMEDIATE ATTENTION REQUESTED

                        DEADLINE FOR RESPONSE: [DATE]
                        ------------------------------

The Depository Trust Company ("DTC") has identified you as a DTC Participant
through which beneficial interests in the Owens & Minor, Inc. (the "Company") 8
1/2% Senior Subordinated Notes due 2011 (the "Securities") are held.

The Company is in the process of registering the Securities under the Securities
Act of 1933 for resale by the beneficial owners thereof.  In order to have their
Securities included in the registration statement, beneficial owners must
complete and return the enclosed Notice of Registration Statement and Selling
Securityholder Questionnaire.

It is important that beneficial owners of the Securities receive a copy of the
------------------------------------------------------------------------------
enclosed materials as soon as possible as their rights to have the Securities
--------------------------------------
included in the registration statement depend upon their returning the Notice
and Questionnaire by _________________.  Please forward a copy of the enclosed
documents to each beneficial owner that holds interests in the Securities
through you.  If you require more copies of the enclosed materials or have any
questions pertaining to this matter, please contact Owens & Minor, Inc., 4800
Cox Road, Glen Allen, Virginia 23060, (804) 747-9794.

                              Owens & Minor, Inc.

                       Notice of Registration Statement

                                      and

                     Selling Securityholder Questionnaire
                     ------------------------------------

                                    (Date)

Reference is hereby made to the Exchange and Registration Rights Agreement (the
"Exchange and Registration Rights Agreement") between Owens & Minor, Inc. (the
"Company") and the Purchasers named therein. Pursuant to the Exchange and
Registration Rights Agreement, the Company has filed with the United States
Securities and Exchange Commission (the "Commission") a registration statement
on Form _____ (the "Shelf Registration Statement") for the registration and
resale under Rule 415 of the Securities Act of 1933, as amended (the "Securities
Act"), of the Company's 8 1/2% Senior Subordinated Notes due 2011 (the
"Securities"). A copy of the Exchange and Registration Rights Agreement is
attached hereto. All capitalized terms not otherwise defined herein shall have
the meanings ascribed thereto in the Exchange and Registration Rights Agreement.

                                      A-1

<PAGE>

Each beneficial owner of Transfer Restricted Securities is entitled to have the
Transfer Restricted Securities beneficially owned by it included in the Shelf
Registration Statement. In order to have Transfer Restricted Securities included
in the Shelf Registration Statement, this Notice of Registration Statement and
Selling Securityholder Questionnaire ("Notice and Questionnaire") must be
completed, executed and delivered to the Company's counsel at the address set
forth herein for receipt ON OR BEFORE _______________.  Beneficial owners of
Transfer Restricted Securities who do not complete, execute and return this
Notice and Questionnaire by such date (i) will not be named as selling
securityholders in the Shelf Registration Statement and (ii) may not use the
prospectus forming a part thereof for resales of Transfer Restricted Securities.

Certain legal consequences arise from being named as a selling securityholder in
the Shelf Registration Statement and related prospectus. Accordingly, holders
and beneficial owners of Transfer Restricted Securities are advised to consult
their own securities law counsel regarding the consequences of being named or
not being named as a selling securityholder in the Shelf Registration Statement
and related prospectus.

                                      A-2

<PAGE>

                                   ELECTION

The undersigned holder (the "Selling Securityholder") of Transfer Restricted
Securities hereby elects to include in the Shelf Registration Statement the
Transfer Restricted Securities beneficially owned by it and listed below in Item
(3). The undersigned, by signing and returning this Notice and Questionnaire,
agrees to be bound with respect to such Transfer Restricted Securities by the
terms and conditions of this Notice and Questionnaire and the Exchange and
Registration Rights  Agreement, including, without limitation, Section 6 of the
Exchange and Registration Rights Agreement, as if the undersigned Selling
Securityholder were an original party thereto.

Upon a sale of Transfer Restricted Securities pursuant to the Shelf Registration
Statement, the Selling Securityholder will be required to deliver to the Company
and Trustee the Notice of Transfer set forth in Appendix A to the Prospectus and
as Exhibit B to the Exchange and Registration Rights Agreement.

The Selling Securityholder hereby provides the following information to the
Company and represents and warrants that such information is accurate and
complete:

                                      A-3

<PAGE>

                                 QUESTIONNAIRE

(1):    (a)  Full Legal Name of Selling Securityholder:

             ___________________________________________________________________

        (b)  Full Legal Name of Registered Holder (if not the same as in (a)
             above) of Transfer Restricted Securities Listed in Item (3) below:

             ___________________________________________________________________

        (c)  Full Legal Name of DTC Participant (if applicable and if not the
             same as (b) above) Through Which Transfer Restricted Securities
             Listed in Item (3) below are Held:

             ___________________________________________________________________

(2)          Address for Notices to Selling Securityholder:

                                _________________________
                                _________________________
             Telephone:         _________________________
             Fax:               _________________________
             Contact Person:    _________________________

(3)          Beneficial Ownership of Securities:

             Except as set forth below in this Item (3), the undersigned does
             not beneficially own any Securities.

        (a)  Principal amount of Transfer Restricted Securities beneficially
             owned: ______________ CUSIP No(s). of such Transfer Restricted
             Securities:_____________________________

        (b)  Principal amount of Securities other than Transfer Restricted
             Securities beneficially owned:_________________________________
             CUSIP No(s). of such other Securities:_________________________

        (c)  Principal amount of Transfer Restricted Securities which the
             undersigned wishes to be included in the Shelf Registration
             Statement:____________________________________________
             CUSIP No(s). of such Transfer Restricted Securities to be included
             in the Shelf Registration Statement:_____________________________

(4)          Beneficial Ownership of Other Securities of the Company:

             Except as set forth below in this Item (4), the undersigned Selling
             Securityholder is not the beneficial or registered owner of any
             other securities of the Company, other than the Securities listed
             above in Item (3).

             State any exceptions here:

(5)          Relationships with the Company:

                                      A-4

<PAGE>

             Except as set forth below, neither the Selling Securityholder nor
             any of its affiliates, officers, directors or principal equity
             holders (5% or more) has held any position or office or has had any
             other material relationship with the Company (or its predecessors
             or affiliates) during the past three years.

             State any exceptions here:

(6)          Plan of Distribution:

             Except as set forth below, the undersigned Selling Securityholder
             intends to distribute the Transfer Restricted Securities listed
             above in Item (3) only as follows (if at all): Such Transfer
             Restricted Securities may be sold from time to time directly by the
             undersigned Selling Securityholder or, alternatively, through
             underwriters, broker-dealers or agents. Such Transfer Restricted
             Securities may be sold in one or more transactions at fixed prices,
             at prevailing market prices at the time of sale, at varying prices
             determined at the time of sale, or at negotiated prices. Such sales
             may be effected in transactions (which may involve crosses or block
             transactions) (i) on any national securities exchange or quotation
             service on which the Registered Securities may be listed or quoted
             at the time of sale, (ii) in the over-the-counter market, (iii) in
             transactions otherwise than on such exchanges or services or in the
             over-the-counter market, or (iv) through the writing of options. In
             connection with sales of the Transfer Restricted Securities or
             otherwise the Selling Securityholder may enter into hedging
             transactions with broker-dealers, which may in turn engage in short
             sales of the Transfer Restricted Securities in the course of
             hedging the positions they assume. The Selling Securityholder may
             also sell Transfer Restricted Securities short and deliver Transfer
             Restricted Securities to close out such short positions, or loan or
             pledge Transfer Restricted Securities to broker-dealers that in
             turn may sell such securities.

             State any exceptions here:

By signing below, the Selling Securityholder acknowledges that it understands
its obligation to comply, and agrees that it will comply, with the provisions of
the Exchange Act and the rules and regulations thereunder, particularly
Regulation M.

In the event that the Selling Securityholder transfers all or any portion of the
Transfer Restricted Securities listed in Item (3) above after the date on which
such information is provided to the Company, the Selling Securityholder agrees
to notify the transferee(s) at the time of the transfer of its rights and
obligations under this Notice and Questionnaire and the Exchange and
Registration Rights Agreement.

By signing below, the Selling Securityholder consents to the disclosure of the
information contained herein in its answers to Items (1) through (6) above and
the inclusion of such information in the Shelf Registration Statement and
related Prospectus. The Selling Securityholder understands that such information
will be relied upon by the Company in connection with the preparation of the
Shelf Registration Statement and related Prospectus.

                                      A-5

<PAGE>

In accordance with the Selling Securityholder's obligation under Section 3(d) of
the Exchange and Registration Rights Agreement to provide such information as
may be required by law for inclusion in the Shelf Registration Statement, the
Selling Securityholder agrees to promptly notify the Company of any inaccuracies
or changes in the information provided herein which may occur subsequent to the
date hereof at any time while the Shelf Registration Statement remains in
effect. All notices hereunder and pursuant to the Exchange and Registration
Rights Agreement shall be made in writing, by hand-delivery, first-class mail,
or air courier guaranteeing overnight delivery as follows:

     (i)  To the Company:

                              Owens & Minor, Inc.
                              4800 Cox Road
                              Glen Allen, VA  23060-6292
                              Attention:  Drew St. J. Carneal

     (ii)  With a copy to:

                              Hunton & Williams
                              Riverfront Plaza, East Tower
                              951 E. Byrd St
                              Richmond, VA 23219-4074
                              Attention:  Cyane B. Crump

Once this Notice and Questionnaire is executed by the Selling Securityholder and
received by the Company's counsel, the terms of this Notice and Questionnaire,
and the representations and warranties contained herein, shall be binding on,
shall inure to the benefit of and shall be enforceable by the respective
successors, heirs, personal representatives, and assigns of the Company and the
Selling Securityholder (with respect to the Transfer Restricted Securities
beneficially owned by such Selling Securityholder and listed in Item (3) above.
This Agreement shall be governed in all respects by the laws of the State of New
York.

                                      A-6

<PAGE>

IN WITNESS WHEREOF, the undersigned, by authority duly given, has caused this
Notice and Questionnaire to be executed and delivered either in person or by its
duly authorized agent.

Dated:_____________________________

          ______________________________________________________________________
          Selling Securityholder
          (Print/type full legal name of beneficial owner of Transfer Restricted
          Securities)

          By:___________________________________________________________________
          Name:
          Title:

PLEASE RETURN THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE FOR RECEIPT ON
OR BEFORE _________________ TO THE COMPANY'S COUNSEL AT:

                              Owens & Minor, Inc.
                              4800 Cox Road
                              Glen Allen, VA  23060-6292
                              Attention:  Drew St. J. Carneal

                                      A-7

<PAGE>

                                                                       Exhibit B

             NOTICE OF TRANSFER PURSUANT TO REGISTRATION STATEMENT

SunTrust Bank
Owens & Minor, Inc.
c/o SunTrust Bank
          919 East Byrd Street, 10th Floor

          Richmond, Virginia  23219

          Attention:  Corporate Trust Administration

     Re:  Owens & Minor, Inc. (the "Company")

          8 1/2% Senior Subordinated Notes due 2011

Dear Sirs:

Please be advised that_____________________________ has transferred $______
aggregate principal amount of the above-referenced Notes pursuant to an
effective Registration Statement on Form ___ (File No. 333- _______) filed by
the Company.

We hereby certify that the prospectus delivery requirements, if any, of the
Securities Act of 1933, as amended, have been satisfied and that the above-named
beneficial owner of the Notes is named as a "Selling Holder" in the Prospectus
dated _______ or in supplements thereto, and that the aggregate principal amount
of the Notes transferred are the Notes listed in such Prospectus opposite such
owner's name.

Dated:
                                 Very truly yours,

                                         ______________________________________
                                         (Name)

                                 By:     ______________________________________
                                         (Authorized Signature)

                                      B-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}]]