Document:

Agmt of intent to sel SJKI common stock, 11/07/02

  
 Exhibit 10.54 
  
 AGREEMENT 
  
 This Agreement,
dated November 7, 2002, is entered into by and between Bob Gray, an individual (“Mr. Gray”) and St. John Knits International, Incorporated, a Delaware corporation (“SJKI”). 
  

Pursuant to Section 3.11 of the Stockholders’ Agreement, dated July 7, 1999 (the “SA”), Mr. Gray has notified SJKI of his intent to sell to SJKI common
stock owned or controlled by him in return for consideration equal to Five Million Dollars ($5,000,000). 
  
 Mr. Gray
and SJKI have, pursuant to the terms of Section 3.11(c) of the SA, agreed that the fair market value of the shares shall be determined by using the calculation approved by the Board of Directors of SJKI at the board meeting duly held on September
24, 2002. Both parties waive any right to have the fair market value determined in accordance with the definition of Fair Market Value as set forth in the SA. 
  
 The parties also agree that the payment described above shall occur as soon as reasonably practicable after the execution of this Agreement, but that the determination of fair market value, and hence
the number of shares to be sold to SJKI by Mr. Gray, shall only be determined once the final Fiscal Year 2002 financial statements are completed. 
  
 Executed this 7th day of November, 2002. 

 
  
 
	 ST. JOHN KNITS INTERNATIONAL,
 INCORPORATED,
 a Delaware corporation
 	 	  	 	 BOB GRAY,
 an individual
 
	 
	 /s/    Bruce Fetter         
 
	 	  	 	 /s/    Bob Gray        
 

	 Name: Bruce Fetter
 Title: Co-Chief Executive OfficerSECOND SUPPLEMENTAL INDENTURE

 EXHIBIT 4.4 
  
 
 
 AMERIGAS PARTNERS, L.P. 
  
 AP EAGLE FINANCE CORP. 
  
 
 
 SECOND SUPPLEMENTAL INDENTURE 
  
 Dated December 3, 2002

  
 To 
  
 INDENTURE 
  
 Dated August 21, 2001, 
 as supplemented by First Supplemental Indenture 
 dated May 3, 2002 
  
 8 7/8%
Senior Notes due 2011 
  
 
 
 WACHOVIA BANK, NATIONAL ASSOCIATION, 
 as Trustee 
  
 

  
 SECOND SUPPLEMENTAL INDENTURE 
  
 SECOND SUPPLEMENTAL INDENTURE (this “Second Supplemental Indenture”), dated December 3, 2002, among AMERIGAS
PARTNERS, L.P., a Delaware limited partnership (the “Partnership”), and AP EAGLE FINANCE CORP., a Delaware corporation and wholly owned finance subsidiary of the Partnership (the “Finance Corp.” and
together with the Partnership, the “Issuers”), and WACHOVIA BANK, NATIONAL ASSOCIATION, successor to FIRST UNION NATIONAL BANK, as trustee under the Indenture (the “Trustee”). 
  
 W I T N E S S E T H: 
  
 WHEREAS, the Issuers and the Trustee, as trustee, are parties to an Indenture dated August 21, 2001 (the “Indenture”) providing for the issuance of $200,000,000 of Series A and Series B 8 7/8% Senior Notes and, pursuant to Section 2.2 of the Indenture, subject to compliance with Section 4.8 and the other
terms of the Indenture, an unlimited amount of Additional Notes; 
  
 WHEREAS, by Supplemental Indenture dated
May 3, 2002, the Indenture provides for the issuance of $40,000,000 Series B 8 7/8% Senior Notes (the
“Series B Notes”); 
  
 WHEREAS, $15,000 principal amount of Series A 8 7/8% Senior Notes (the “Series A Notes”) and $239,985,000 principal amount of Series B 8 7/8% Senior Notes (the “Series B Notes” and together with the Series A Notes, the
“Outstanding Notes”) are currently outstanding under the Indenture; 
  
 WHEREAS,
Section 4.8 of the Indenture provides that the Partnership shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or in any manner become directly or indirectly liable,
contingently or otherwise, for the payment of any Indebtedness unless at the time of such incurrence, and after giving pro forma effect to the receipt and application of the proceeds of such Indebtedness, the Consolidated Fixed Charge Ratio of the
Partnership is greater than 2.00 to 1; 
  
 WHEREAS, no other provision of the Indenture restricts the issuance of
Additional Notes; 
  
 WHEREAS, in accordance with all of the provisions of the Indenture, the Issuers wish to issue
Additional Notes designated as Series C in the aggregate principal amount of $88,000,000 (the “New Notes”); 
  
 WHEREAS, the Issuers intend to conduct an Exchange Offer whereby the holders of the New Notes will be entitled to exchange the New Notes for Series B Notes, which Series B Notes shall be authenticated by the Trustee in accordance
with the Indenture; 
  
 WHEREAS, pursuant to Section 9.1 of the Indenture, the Issuers and the Trustee are authorized
to execute and deliver this Second Supplemental Indenture without the consent of any Holder of the Outstanding Notes; 
  
 WHEREAS, the Issuers, by action duly taken, have authorized the execution of this Second Supplemental Indenture and the issuance of the New Notes; and 
  
 WHEREAS, all actions necessary to make the New Notes (when executed by the Issuers and completed, authenticated, and delivered by the Trustee as required by the Indenture)
the valid and binding obligations of the Issuers and to constitute these presents a valid and binding Second Supplemental Indenture according to its terms have been duly taken. 

 
 2 

  
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Issuers and the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the New Notes as follows: 
  

1.    Definitions. 
  
 (a)    Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. 
  
 (b)    For all purposes of this Second Supplemental Indenture, except as otherwise herein expressly provided or unless the context
otherwise requires: (i) the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Indenture; and (ii) the words “herein,” “hereof” and “hereby” and other words
of similar import used in this Second Supplemental Indenture refer to this Second Supplemental Indenture as a whole and not to any particular section hereof. 
  
 2.    Issue of New Notes and Additional Series B Notes in Exchange for New Notes.    The New Notes and up to $88,000,000 additional Series B Notes, to be
issued in the Exchange Offer in exchange for the New Notes, shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Indenture. The
aggregate principal amount of the New Notes created hereby and of the additional Series B Notes to be issued in exchange for the New Notes, which may be authenticated and delivered under this Second Supplemental Indenture, shall be limited to
$88,000,000, however, an unlimited amount of Additional Notes may be issued as provided in Section 2.2 of the Indenture. 
  
 3.    Representation.    The Partnership hereby represents that its Consolidated Fixed Charge Coverage Ratio is, and after giving pro forma effect to the receipt and application of the
proceeds of the New Notes will be, greater than 2.00 to 1. 
  
 4.    Form of the New
Notes; Incorporation of Terms.    The New Notes and the Trustee’s certificate of authentication thereto shall be substantially in the form of Exhibit A hereto, the terms of which are hereby incorporated in and made a
part of this Second Supplemental Indenture. 
  
 5.    Technical Amendment to Section
2.6(g)(iii) of the Indenture.    To permit the intended exchange of the New Notes for the new Series B Notes in the Exchange Offer, Section 2.6(g)(iii) of the Indenture is hereby amended so that each reference therein to
“Series A Notes” is replaced with a reference to “Notes in any series.” 
  
 6.    Second Supplemental Indenture Part of Indenture.    This Second Supplemental Indenture is executed and shall be construed as an indenture supplemental to the Indenture and, as
provided in the Indenture, shall form a part of the Indenture for all purposes and every holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 
  
 7.    Governing Law.    This Second Supplemental Indenture shall be governed by, and construed in accordance with, the laws
of the State of New York but without giving effect to applicable principles of conflicts of law to the extent that the application of the laws of another jurisdiction would be required thereby. 
  

8.    Conflict with TIA.    If any provision hereof limits, qualifies or conflicts with another provision hereof which
is required to be included in this Second Supplemental Indenture by any provision of the Trust Indenture Act of 1939, as amended, such required provision shall control. 
  
 9.    Trustee Makes No Representations.    The Trustee makes no representation as to the validity or sufficiency of this
Second Supplemental Indenture. 
  
 10.    Successors and
Assigns.    All covenants and agreements in this Second Supplemental Indenture by the Company shall bind its successors and assigns, whether so expressed or not. 

 
 3 

  
 11.    Separability Clause.    In
case any provision in this Second Supplemental Indenture or in the New Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

  
 12.    Counterparts.    The parties may sign any number of copies
of this Second Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
  
 13.    Effect of Headings.    The Section headings herein are for convenience only and shall not effect the construction thereof. 
  
 [Signature page follows] 

 
 4 

  
 IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental
Indenture to be duly executed as of the date first above written. 
  
 
	 AMERIGAS PARTNERS, L.P., BY AMERIGAS PROPANE, INC., AS GENERAL PARTNER
 
	 
	 By:
 	 	 /s/    ROBERT H. KNAUSS
 

	  	 	 Name:  Robert H. Knauss
 Title:  Vice
President—Law
 

 
  
  
 
	 AP EAGLE FINANCE CORP.
 
	 
	 By:
 	 	 /s/    ROBERT H. KNAUSS
 

	  	 	 Name:  Robert H. Knauss
 Title:  Vice
President—Law
 

 
  
  
 
	 WACHOVIA BANK, NATIONAL ASSOCIATION
 AS TRUSTEE
 
	 
	 By:
 	 	 /s/    ALAN G. FINN
 

	  	 	 Name:  Alan G. Finn
 Title:  Vice
President
 

 

 
 5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}]]