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                                   EXHIBIT 4.2

                              ARTICLES OF AMENDMENT
                   TO THE SECOND AMENDED AND RESTATED CHARTER
                          OF KING PHARMACEUTICALS, INC.

Pursuant to the provisions of Section 48-20-106 of The Tennessee Business
Corporation Act, the undersigned Corporation adopts the following articles of
amendment to its Second Amended and Restated Charter:

     1.   Name. The name of the Corporation is: KING PHARMACEUTICALS, INC.

     2.   Effective Date. This Amendment is to be effective when filed by the
          Secretary of State.

     3.   Amendment. The text of Section 2(a) of the Corporation's Second
          Amended and Restated Charter shall be deleted and amended to read as
          follows:

               The total number of shares of common stock that the Corporation
               shall have authority to issue is 600,000,000, no par value (the
               "Common Stock"). The total number of shares of preferred stock
               that the Corporation shall have authority to issue is 15,000,000,
               no par value per share (the "Preferred Stock").

     4.   For Profit. The Corporation is for profit.

     5.   Adoption. The Amendment was duly adopted by the shareholders of the
          Corporation on May 25, 2006.

     Date: June 16, 2006

                                           KING PHARMACEUTICALS, INC.

                                           /s/ James W. Elrod

                                           By: JAMES W. ELROD
                                               General Counsel and SecretaryEX-10.1 Third Amendment to Credit Agreement

 

EXHIBIT 10.1

Execution Copy

THIRD AMENDMENT

TO CREDIT AGREEMENT

     THIS THIRD AMENDMENT TO CREDIT AGREEMENT, dated as of May 17, 2006 (this “Amendment”),
is by and among HAMILTON BEACH/PROCTOR-SILEX, INC., a Delaware corporation (the “Company”),
its U.S. and Canadian Subsidiaries identified as Subsidiary Borrowers on the signature pages hereto
(the “Subsidiary Borrowers”) (hereinafter, the Company and the Subsidiary Borrowers are
collectively referred to as the “Borrowers” or individually referred to as a
“Borrower”), each of the financial institutions identified as Lenders on the signature
pages hereto (the “Lenders”), WACHOVIA BANK, NATIONAL ASSOCIATION (“Wachovia”), as
administrative agent for the Lenders (the “Administrative Agent” or the “Agent”),
WACHOVIA CAPITAL FINANCE CORPORATION (CANADA) (as successor to Congress Financial Corporation
(Canada)), as Canadian Agent (the “Canadian Agent”), KEY BANK, NATIONAL ASSOCIATION, as
Syndication Agent, and BANK OF AMERICA, N.A. (as successor to Fleet Capital Corporation) and
NATIONAL CITY BUSINESS CREDIT, as Documentation Agents.

W I T N E S S E T H:

     WHEREAS, pursuant to a Credit Agreement dated as of December 17, 2002 (as amended,
supplemented or otherwise modified from time to time, the “Credit Agreement”) among the
Borrowers, the Lenders and the Administrative Agent, the Lenders have extended commitments to make
certain credit facilities available to the Borrowers;

     WHEREAS, the Borrowers have requested that the Credit Agreement be amended as described
herein;

     WHEREAS, the Lenders are willing to make such amendments to the Credit Agreement and to grant
such waivers, subject to the terms and conditions hereof;

     NOW, THEREFORE, in consideration of the agreements herein contained, the parties hereby agree
as follows:

PART I

DEFINITIONS

     SUBPART 1.1. Certain Definitions. Unless otherwise defined herein or the
context otherwise requires, the following terms used in this Amendment, including its
preamble and recitals, have the following meanings:

          “Third Amendment Effective Date” is defined in Subpart 3.1.

 

 

     SUBPART 1.2. Other Definitions. Unless otherwise defined herein or the context
otherwise requires, terms used in this Amendment, including its preamble and recitals, have the
meanings provided in the Credit Agreement (as amended hereby).

PART II

AMENDMENTS TO CREDIT AGREEMENT

     Effective on (and subject to the occurrence of) the Third Amendment Effective Date, the Credit
Agreement is hereby amended in accordance with this Part II.

     SUBPART 2.1. Amendments to Section 1.1. Section 1.1 of the Credit Agreement is
hereby amended as follows:

     SUBPART 2.1.1. The definition of “Maturity Date” is hereby deleted in its entirety and
replaced with the following:

     “Maturity Date” means July 31, 2011.

     SUBPART 2.1.2. The following definitions are hereby added to Section 1.1 of the Credit
Agreement in the appropriate alphabetical order:

     “Inventory Reliance Percentage” means the percentage calculated for any
calendar month, as of the last day of such month, resulting from a formula in which
the numerator is the aggregate amount of Revolving Loans outstanding less
the sum of (i) 85% Eligible Accounts Receivable and (ii) Eligible Trademarks Amount,
and the denominator is the product of the Applicable Inventory Percentage and
Eligible Inventory.

     “Third Amendment Effective Date” means May 17, 2006.

     SUBPART 2.2. Amendment to Section 7.13. Section 7.13 of the Credit Agreement is
hereby deleted in its entirety and replaced with the following:

     7.13 Inventory.

     (a) Within thirty (30) days after the end of each month, upon the request of the
Administrative Agent from time to time, the Credit Parties will provide to the
Administrative Agent written statements listing categories of Inventory in reasonable detail
as requested by the Administrative Agent. The U.S. Credit Parties will conduct annually a
physical count of their Inventory and will provide the Administrative Agent with prior
written notice indicating when the physical count is to be performed, and the Canadian
Credit Parties will conduct annually a physical count of their Inventory (or in lieu
thereof, such other test(s) as their independent auditors shall approve and which are
acceptable to the Administrative Agent) and will provide the Administrative Agent with prior
written notice indicating when the physical count (or such other test(s)) is to be performed
and a copy of such count (or test(s)) will be promptly supplied to the

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Administrative Agent accompanied by a report of the value (valued at FIFO) of such
Inventory; provided that the Credit Parties will conduct such a physical count at such other
times and as of such dates as the Administrative Agent shall reasonably request.

     (b) The Administrative Agent shall be entitled to obtain new Inventory Appraisals from
time to time as it deems necessary. Prior to the occurrence and continuance of an Event of
Default, any such Inventory Appraisal shall be at the sole expense of the Credit Parties;
provided that if, during any fiscal year, the monthly Inventory Reliance Percentage
(calculated based on amounts set forth in the monthly Borrowing Base Certificate delivered
pursuant to Section 7.1(i)) was not greater than 40% for any period of three
consecutive calendar months during such fiscal year, such Inventory Appraisal shall be
obtained at the shared expense of the Lenders on a pro rata basis according to each such
Lender’s aggregate Commitment as of the date such Inventory Appraisal is requested. After
the occurrence and during the continuance of an Event of Default, each Inventory Appraisal
shall be at the sole expense of the Credit Parties. Upon receipt of each new Inventory
Appraisal, the Administrative Agent shall be entitled to adjust the Applicable Inventory
Percentage, as appropriate.

     SUBPART 2.3. Amendment to Section 9.5. Section 9.5(h) of the Credit Agreement is
hereby amended by inserting the following proviso at the end thereof:

, and provided further that the foregoing limitations shall not apply to the
disposition by the Company of any of its Property located in Saltillo, Mexico;

     
SUBPART 2.4. Amendments to Section 9.11. Section 9.11 of the Credit Agreement is
hereby amended as follows:

     SUBPART 2.4.1. Section 9.11(d) is hereby amended by increasing the amount of
“$2,000,000” therein to “$2,500,000”; and

     SUBPART 2.4.2. Section 9.11 is hereby amended by deleting the “and” before clause (f)
thereof and replacing it with a comma (“,”) and adding the following text to the end of such
Section 9.11:

     and (g) dividends or distributions by the Company to NACCO of the cash proceeds
received by the Company with respect to the disposition of any of its Property located in
Saltillo, Mexico in an aggregate amount not to exceed $11,000,000.

PART III

CONDITIONS TO EFFECTIVENESS

     SUBPART 3.1. Third Amendment Effective Date. This Amendment shall be and become
effective as of the date hereof (the “Third Amendment Effective Date”) when all of the
conditions set forth in this Subpart 3.1 shall have been satisfied.

     SUBPART 3.1.1. Execution of Counterparts of Amendment. The Administrative
Agent shall have received counterparts of this Amendment, which collectively shall have been
duly executed on behalf of the Borrower and the Required Lenders.

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     SUBPART 3.1.2. Other Fees. The Borrowers shall have paid such other fees and
expenses owed by them to the Lenders and the Administrative Agent to the extent invoiced
prior to the Third Amendment Effective Date.

     SUBPART 3.1.3. Resolutions. The Administrative Agent shall have received
certified copies of resolutions of the board of directors of each of the Borrowers and
consents from any applicable third party approving this Amendment and authorizing the
execution and delivery hereof.

     SUBPART 3.1.4. Asset Sale. The sale of the Property at the Saltillo, Mexico
location by the Company was consummated in a manner consistent with the related asset
purchase agreement and other financing documents and reasonably satisfactory to the
Administrative Agent.

     SUBPART 3.1.5. Other Documents. The Administrative Agent shall have received
such other documentation and legal opinions as the Administrative Agent may reasonably
request in connection with the foregoing, all in form reasonably satisfactory to the
Administrative Agent.

PART IV

REPRESENTATIONS AND WARRANTIES

     SUBPART 4.1. Each Borrower hereby represents and warrants that (a) the representations and
warranties contained in Article VI of the Credit Agreement are true and correct in all material
respects on and as of the date hereof as though made on and as of such date (except for those which
by their terms expressly relate to an earlier date) and after giving effect to the transactions
contemplated herein; (b) no Default or Event of Default has occurred and is continuing on and as of
the date hereof and after giving effect to the transactions contemplated herein; (c) it has the
corporate power and authority to execute and deliver this Amendment and to perform its obligations
hereunder and has taken all necessary corporate action to authorize the execution, delivery and
performance by it of this Amendment; and (d) it has duly executed and delivered this Amendment, and
this Amendment constitutes its legal, valid and binding obligation enforceable in accordance with
its terms except as the enforceability thereof may be limited by bankruptcy, insolvency or other
similar laws affecting the rights of creditors generally or by general principles of equity.

PART V

MISCELLANEOUS

     SUBPART 5.1. Cross-References. References in this Amendment to any Part or Subpart
are, unless otherwise specified, to such Part or Subpart of this Amendment.

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     SUBPART 5.2. Instrument Pursuant to Credit Agreement. This Amendment is a Credit
Document executed pursuant to the Credit Agreement and shall (unless otherwise expressly indicated
therein) be construed, administered and applied in accordance with the terms and provisions of the
Credit Agreement.

     SUBPART 5.3. References in Other Credit Documents. At such time as this Amendment
shall become effective pursuant to the terms of Subpart 3.1, all references in the Credit
Documents to the “Credit Agreement” shall be deemed to refer to the Credit Agreement as amended by
this Amendment.

     SUBPART 5.4. Survival. Except as expressly modified and amended in this Amendment,
all of the terms and provisions and conditions of each of the Credit Documents shall remain
unchanged.

     SUBPART 5.5. Counterparts. This Amendment may be executed in any number of
counterparts, each of which when so executed and delivered shall be deemed an original and it shall
not be necessary in making proof of this Amendment to produce or account for more than one such
counterpart. Delivery of an executed counterpart of this Amendment by telecopy shall be as
effective as an original executed counterpart hereof and shall constitute a representation that an
original executed counterpart will be delivered.

     SUBPART 5.6. Governing Law. THIS AMENDMENT SHALL BE DEEMED TO BE A CONTRACT MADE
UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE
CONFLICT OF LAW PRINCIPLES THEREOF.

     SUBPART 5.7. Successors and Assigns. This Amendment shall be binding upon and inure
to the benefit of the parties hereto and their respective successors and assigns.

[remainder of page intentionally left blank]

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     Each of the parties hereto has caused a counterpart of this Amendment to be duly executed and
delivered as of the date first above written.

	 	 	 	 	 
	COMPANY:
	 	HAMILTON BEACH/PROCTOR-SILEX, INC.,
	 
	 	 	 	 
	 

	 	By:
	 	/s/ James H. Taylor
	 

	 	 	 	 
	 

	 	Name:

Title:
	 	James H. Taylor

Vice President — Finance and Treasurer
	 
	 	 	 	 
	 
	 	U.S. SUBSIDIARY BORROWERS:
	 
	 	 	 	 
	 
	 	NONE.
	 
	 	 	 	 
	 
	 	CANADIAN BORROWER:
	 
	 	 	 	 
	 
	 	PROCTOR-SILEX CANADA INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ James H. Taylor
	 

	 	 	 	 
	 

	 	Name:

Title:
	 	James H. Taylor

Treasurer

 

 

	 	 	 	 	 
	 
	 	AGENTS AND LENDERS:
	 
	 	 	 	 
	 
	 	WACHOVIA BANK, NATIONAL ASSOCIATION,
in its capacity as Administrative Agent and as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Bruce Rhodes
	 

	 	 	 	 
	 

	 	Name:
	 	Bruce Rhodes
	 

	 	 	 	 
	 

	 	Title:
	 	Director
	 

	 	 	 	 

 

 

	 	 	 	 	 
	 
	 	WACHOVIA CAPITAL FINANCE CORPORATION

(CANADA) (as successor to Congress Financial

Corporation (Canada)), in its capacity as Canadian Agent
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Enza Agosta
	 

	 	 	 	 
	 

	 	Name:
	 	Enza Agosta
	 

	 	 	 	 
	 

	 	Title:
	 	Vice President
	 

	 	 	 	 

 

 

	 	 	 	 	 
	 
	 	KEY BANK, NATIONAL ASSOCIATION,

in its capacity as Syndication Agent and as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Timothy W. Kennedy
	 

	 	 	 	 
	 

	 	Name:
	 	Timothy W. Kennedy
	 

	 	 	 	 
	 

	 	Title:
	 	V.P.
	 

	 	 	 	 

 

 

	 	 	 	 	 
	 
	 	BANK OF AMERICA, N.A.,

in its capacity as Documentation Agent and as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Seth Benefield
	 

	 	 	 	 
	 

	 	Name:
	 	Seth Benefield
	 

	 	 	 	 
	 

	 	Title:
	 	Vice President
	 

	 	 	 	 

 

 

	 	 	 	 	 
	 
	 	NATIONAL CITY BUSINESS CREDIT, INC.,

in its capacity as Documentation Agent and as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Tom Buda
	 

	 	 	 	 
	 

	 	Name:
	 	Tom Buda
	 

	 	 	 	 
	 

	 	Title:
	 	Vice President

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