Document:

EX-4.1

 Exhibit 4.1 

Execution Copy 
 FIRST
AMENDMENT TO AMENDED AND RESTATED RIGHTS AGREEMENT
 This FIRST AMENDMENT TO AMENDED AND RESTATED RIGHTS AGREEMENT (this
“Amendment”) is made and entered into as of August 27, 2014 between Cobra Electronics Corporation, a Delaware corporation (the “Company”), and American Stock Transfer & Trust Company, LLC, a New York
limited liability trust company (the “Rights Agent”). Except as otherwise provided herein, all capitalized terms used in this Amendment and not defined herein shall have the meanings ascribed thereto in the Rights Agreement.

 W I T N E S S E T H: 

WHEREAS, the Company and the Rights Agent have entered into that certain Amended and Restated Rights Agreement, dated as of
November 3, 2011 (the “Rights Agreement”); 
 WHEREAS, the Company proposes to enter into an Agreement and Plan
of Merger by and among the Company, Venom Electronics Holdings, Inc., a Delaware corporation (“Parent”), and Venom Electronics Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger
Sub”) (as amended or supplemented from time to time, the “Merger Agreement”) pursuant to which (i) Merger Sub shall commence a cash tender offer (the “Offer”) for any (subject to the Minimum Condition
(as defined in the Merger Agreement)) and all of the outstanding shares of common stock, par value $0.33 (1/3) per share, of the Company, and (ii) following the consummation of the Offer, Merger Sub will merge with and into the Company
(the “Merger”), with the Company continuing as the surviving corporation, in each case on the terms and subject to the conditions set forth in the Merger Agreement; 

WHEREAS, pursuant to Section 27 of the Rights Agreement, at any time prior to the Stock Acquisition Date, the Company and the
Rights Agent may from time to time supplement or amend the Rights Agreement in any respect without the approval of any holders of Rights; 

WHEREAS, the Board of Directors has determined, in connection with its consideration of the Merger Agreement and the transactions
contemplated thereby, including the Offer and the Merger, that it is necessary and desirable to amend the Rights Agreement as set forth herein; and 

WHEREAS, the Stock Acquisition Date has not yet occurred, and, subject to and in accordance with the terms of this Amendment, the
Company has directed and the Rights Agent has agreed to amend the Rights Agreement in certain respects, as more particularly set forth herein. 

NOW, THEREFORE, in consideration of these premises and the mutual covenants and agreements set forth in the Rights Agreement and this
Amendment, the parties hereto agree to modify the Rights Agreement as set forth below. 
  

	1.	Amendment to Section 1. Section 1 of the Rights Agreement is hereby amended to add the following definitions in the appropriate alphabetical location: 

“Merger” shall have the meaning ascribed thereto in the Merger Agreement. 

 “Merger Agreement” shall mean the Agreement and Plan of Merger,
dated as of August 27, 2014, by and among the Company, Venom Electronics Holdings, Inc., a Delaware corporation (“Parent”), and Venom Electronics Merger Sub, Inc., a Delaware corporation and a wholly owned Subsidiary of Parent
(“Merger Sub”) (as such agreement is amended or supplemented from time to time). 
 “Merger
Sub” shall have the meaning ascribed thereto in the Merger Agreement. 
 “Offer” shall have the
meaning ascribed thereto in the Merger Agreement. 
 “Parent” shall have the meaning ascribed thereto in the
Merger Agreement. 
  

	2.	Amendment to Section 7. Section 7(a) of the Rights Agreement is hereby amended by adding the following sentence to the end thereof: 

“Notwithstanding anything to the contrary in this Agreement, immediately prior to the Effective Time (as defined in the Merger Agreement)
this Agreement shall automatically terminate (without any further action of the parties hereto), all Rights established hereunder shall automatically expire and such time shall be deemed the Expiration Date for all purposes of this Agreement.”

  

	3.	Addition of New Section 35. The Rights Agreement is hereby amended by adding a new Section 35 thereof which shall read as follows: 

“Section 35. Exception For Offer, Merger and Merger Agreement. Notwithstanding any provision of this Agreement to the
contrary, none of a Section 11(a)(ii) Event, a Section 13 Event, a Distribution Date nor a Stock Acquisition Date shall be deemed to have occurred, none of Parent, Merger Sub or any of their Affiliates or Associates shall be deemed to have
become an Acquiring Person, and no holder of any Rights shall be entitled to exercise such Rights under, or be entitled to any rights pursuant to, any of Sections 3, 7, 11 or 13 of this Agreement, in any such case by reason of (i) the
approval, execution, delivery or adoption of the Merger Agreement or any of the other documents contemplated by the Merger Agreement; (ii) the public or other announcement of the Offer, the Merger or the other transactions contemplated by the
Merger Agreement; (iii) the commencement of the Offer or the extension or amendment thereof from time to time in accordance with the terms of the Merger Agreement; (iv) the acquisition of Common Stock by Parent, Merger Sub or any of their
respective existing or future Affiliates or Associates in accordance with the provisions of the Merger Agreement; or (v) the consummation of the Offer (as the Offer may be amended and/or extended from time to time or during any subsequent
offering period in accordance with the terms of the Merger Agreement), the Merger or any of the other transactions contemplated by the Merger Agreement.” 
  

	4.	Termination. If the Merger Agreement is terminated for any reason, (i) this Amendment shall immediately thereupon be of no further force and effect and the amendments contained herein shall be deemed
to have not been made to the Rights Agreement, and (ii) the Rights Agreement shall remain exactly the same as it existed prior to the Amendment. If the Merger Agreement is terminated for any reason, the Company shall notify the Rights Agent in
accordance with Section 26 of the Rights Agreement. 

  
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	5.	Effective Time of this Amendment. This Amendment shall be deemed effective as of, and immediately prior to, the execution and delivery of the Merger Agreement. 

 

	6.	Direction to the Rights Agent. Pursuant to Section 27 of the Rights Agreement, by its execution and delivery hereof, the Company directs the Rights Agent to execute and deliver this Amendment, and the
officer of the Company executing this Amendment on behalf of the Company, as an appropriate officer of the Company, certifies on behalf of the Company that this Amendment complies with the terms of the Rights Agreement. For the avoidance of doubt
and notwithstanding anything to the contrary set forth in this Amendment, this Amendment does not affect the Rights Agent’s own rights, duties, obligations or immunities under the Rights Agreement. 

 

	7.	Confirmation of the Rights Agreement. The term “Agreement” or “Rights Agreement” as used in the Rights Agreement shall be deemed to refer to the Rights Agreement as amended by this
Amendment. Except as amended or modified hereby, all terms, covenants and conditions of the Rights Agreement as heretofore in effect shall remain in full force and effect and are hereby ratified and confirmed in all respects. 

 

	8.	Benefits of this Amendment. Nothing in this Amendment shall be construed to give to any Person other than the Company, the Rights Agent and the holders of Rights any legal or equitable right, remedy or
claim under this Amendment; and this Amendment shall be for the sole and exclusive benefit of the Company, the Rights Agent and the holders of the Rights. 

  

	9.	Governing Law. This Amendment shall be deemed to be a contract made under the laws of the State of Delaware and for all purposes shall be governed by and construed in accordance with the laws of such State
applicable to contracts to be made and performed entirely within such State. 

  

	10.	Counterparts. This Amendment may be executed in any number of counterparts (including by facsimile, .pdf or other electronics means) and each of such counterparts shall for all purposes be deemed to be an
original, and all such counterparts shall together constitute but one and the same instrument. 

  

	11.	Descriptive Headings. Descriptive headings of the several sections of this Amendment are inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions
of this Amendment. 

 ******** 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first set
forth above. 
  

					
	COBRA ELECTRONICS CORPORATION
		
	By:	 	 /s/ James R. Bazet

		 	 Name:
 Title:
	 	 James R. Bazet
 Chairman & Chief Executive
Officer

	
	AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC
		
	By:	 	 /s/ Paula Caroppoli

		 	 Name:
 Title:
	 	 Paula Caroppoli
 Senior Vice
PresidentEx. 10.1  GP Agreement Amendment 8-22-14

Exhibit 10.1

AMENDMENT TO GAS GATHERING AND PROCESSING AGREEMENT BETWEEN ASSOCIATED ENERGY SERVICES, LP AND MARLIN MIDSTREAM, LLC

THIS Amendment to Gas Gathering and Processing Agreement (“Amendment”) is made and entered into effective as of the 22nd day of August, 2014, by and between Marlin Midstream, LLC (“Processor”) and Associated Energy Services, LP (“Supplier”).  Hereinafter Processor and Supplier may sometimes be collective referred to as the “Parties” and individually as a “Party.”

WITNESSETH

WHEREAS, Processor and Supplier are parties to that certain Gas Gathering and Processing Agreement (“Agreement”) entered into by the Parties dated July 31, 2013;

WHEREAS, Processor and Supplier now desire to amend the Agreement in certain respects;

NOW THEREFORE, in consideration of the mutual covenants and agreements set forth in this Amendment and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows:

1.Section 1.2 of the Agreement is hereby deleted in its entirety and replaced with the following:

1.2    Processor’s Commitment. Processor commits to reserve up to 80,000 Mcf per day of the processing capacity (such amount, as may hereafter be increased through the exercise of the Supplier’s Capacity Accordion Rights, the “Reserved Capacity”) of its Facilities for processing Supplier’s owned and/or controlled Raw Gas, and within the Facilities’ capabilities, Processor will process and return to Supplier for Supplier’s benefit all Residue Gas attributable to Raw Gas delivered by Supplier up to the Reserved Capacity and, subject to the provisions of Section 4.4, Processor, at its sole election, may purchase from Supplier 100% of the NGLs recovered from such Raw Gas.  At any time during the Term hereof and subject to the following provisions, Supplier shall have the right to increase its Reserved Capacity above its original 80,000 Mcf per day commitment by an amount of up to the then available uncommitted capacity in the Facilities by sending written notice (the “Capacity Increase Notice”) to Processor no less than six days prior to the first day of any calendar quarter period designating the total amount of capacity Supplier desires for such calendar quarter.  Any such election by Supplier to increase its Reserved Capacity shall be applicable for the full calendar quarter period for which an increase election has been made by Supplier.  If Supplier fails to send a Capacity Increase Notice for a particular calendar quarter, Supplier shall be deemed to have elected the 80,000 Mcf per day Reserved Capacity for such calendar quarter.  Such right of Supplier to increase the Reserved Capacity as provided above shall be hereinafter referred to as “Supplier’s Capacity Accordion Rights.”  To the extent Processor has then available capacity in its Facilities after taking into consideration existing commitments, letters of intent and/or term sheets, upon receipt of the Capacity Increase Notice, in addition to the 80,000 Mcf per day of processing capacity originally reserved by Supplier, Processor shall reserve for Supplier during the applicable calendar quarter the lower of (i) the increased capacity reservation volume elected by Supplier or (ii) the maximum processing capacity then available at the Facilities.  If Supplier exercises Supplier’s Capacity Accordion Rights, the fees payable by Supplier set forth in Section 5 shall be based on the total Reserved Capacity, inclusive of the increased capacity resulting from the exercise of Supplier’s Capacity Accordion Rights.  Notwithstanding the time periods set forth above for delivery of a Capacity Increase Notice, for the calendar quarter period commencing July 1, 2014, Supplier shall have the right to make such election at any time during the third quarter of 2014, except that any election made by Supplier during the third calendar quarter shall be effective as of the first day of the month in which the Capacity Increase Notice is received by Processor and shall remain in effect for the remainder of the third calendar quarter 2014 period.

2.The definition of “Minimum Volume Commitment” in Exhibit A is deleted in its entirety and replaced with the following:

Minimum Volume Commitment - the sum of (i) 80,000 Mcf per Day and (ii) any increased capacity reservation resulting from the exercise of Supplier’s Capacity Accordion Rights; provided, however, that the Minimum Volume Commitment during the Month in which the Effective Date occurs and the Month in which the last Day of the Term occurs shall be prorated in accordance with the ratio of the number of days, including and following the Effective Date or prior to the last day of the Term, as the case may be, in such Month to the total number of days in such Month. 

3.The first two sentences of Exhibit B under the heading “DELIVERY POINTS” are deleted in their entirety and replaced with the following two sentences:
DELIVERY POINTS:

The Delivery Point(s) under this Agreement shall be at any existing location on Processor’s Lake Murvaul Gathering System, Oak Hill Lateral System, Project Yellow Fin Loop/Longtail Pipeline, any other extensions to such gathering systems, or any plant inlet to which a third party gathering system or pipeline is connected to the Facilities.  Any future connections to any such gathering systems or pipelines that Supplier desires would be subject to the mutual agreement of Processor and Supplier, including, without limitation, mutual agreement on the costs of such connection and which Party will bear same, except that, in consideration of the Minimum Volume Commitment made by Supplier pursuant to this Agreement, if the cost of any such connection is less than $50,000, Processor shall bear the cost of same, as long as the number of such connections do not exceed three per year, in which case, any such connections after three in any annual period will be subject to mutual agreement on the costs of any such connections.

4.All capitalized words that are not defined herein shall have the meaning ascribed to them in the Agreement.  Except as modified and amended herein, the remaining terms and provisions of the Agreement shall remain in full force and effect

5.This Amendment may be executed in multiple counterparts, each of which shall be deemed an original agreement upon the signature by each of the Parties on at least one counterpart, but all of which shall be deemed to be one and the same document.  Delivery of an executed version of this Agreement by facsimile transmission, email or other electronic means shall be effective as delivery of a manually executed counterpart hereof.

IN WITNESS WHEREOF, this Amendment is executed as of the date first above written.

Processor:                            Supplier:
Marlin Midstream, LLC                    Associated Energy Services, LP

By:  /s/    Amanda Bush                    By:  /s/    Todd Gibson        
Chief Financial Officer                    Chief Financial Officer

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