Document:

Exhibit 4.1

 

FIFTH SUPPLEMENTAL INDENTURE

 

FIFTH SUPPLEMENTAL INDENTURE
(the “Fifth Supplemental Indenture”), dated as of November 30, 2017, to the Indenture (defined below) by and
among RTI International Metals, Inc., an Ohio corporation (the “Company”), Arconic Inc., a Pennsylvania corporation
(“Arconic”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as Trustee
under the Indenture (the “Trustee”).

 

WITNESSETH

 

WHEREAS, the Company
has heretofore executed and delivered to the Trustee an indenture, dated as of December 14, 2010 (the “Base Indenture”),
providing for the issuance from time to time of its Securities (as defined in the Base Indenture) to be issued in one or more series
as therein provided;

 

WHEREAS, the Company
has heretofore executed and delivered to the Trustee, pursuant to the terms of the Base Indenture, a Third Supplemental Indenture,
dated as of April 17, 2013 (the “Third Supplemental Indenture”), and a Fourth Supplemental Indenture, dated
as of July 23, 2015 (the “Fourth Supplemental Indenture” and, the Base Indenture, as supplemented by the Third
Supplemental Indenture and the Fourth Supplemental Indenture, the “Indenture”), and has issued a series of the
Company’s Securities known as its 1.625% Convertible Senior Notes due 2019 (the “Notes”);

 

WHEREAS, the Company
entered into the Agreement and Plan of Merger, dated as of November 30, 2017 (the “Merger Agreement”), by and
among the Company and Arconic, pursuant to which, concurrently with the execution of this Fifth Supplemental Indenture, the Company
is being merged with and into Arconic, with Arconic being the surviving corporation in such merger (the “Merger”);

 

WHEREAS, pursuant to
Section 11.01(a) of the Indenture, at the effective time of the Merger (the “Effective Time”), the Company is
required to execute with the Trustee and Arconic a supplemental indenture providing for Arconic to assume all the obligations of
the Company under the Notes and the Indenture;

 

WHEREAS, pursuant to
Sections 10.01, 10.03 and 11.01(a) of the Indenture, in connection with such supplemental indenture, the Company is required to
deliver to the Trustee an Officer’s Certificate and an Opinion of Counsel; and

 

WHEREAS, the Trustee
has received such Officer’s Certificate and Opinion of Counsel;

 

NOW, THEREFORE, in consideration
of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, Arconic,
and the Trustee hereby agree as follows:

 

     

     

    

 

1.     Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the
applicable Indenture.

 

2.     Agreement
of Parties. Effective as of the Effective Time, Arconic hereby (i) represents and warrants that it is a corporation organized
and validly existing under the laws of the state of Pennsylvania, and (ii) expressly and unconditionally assumes all obligations
of the Company under the Notes and the Indenture, including without limitation the due and punctual payment of the principal of,
premium, if any, and interest on the Notes and the due and punctual performance of all of the covenants and conditions of the
Indenture or established with respect to the Notes pursuant to the Indenture to be performed by the Company with respect to the
Notes. From and after the Effective Time, Arconic shall succeed to and be substituted for and may exercise every right and power
of the Company under the Indenture with the same effect as if Arconic had been named as the Company therein.

 

3.     Indenture Remains in Full Force and Effect. Except as supplemented hereby, all provisions of the Indenture shall
remain in full force and effect.

 

4.     GOVERNING LAW. THIS FIFTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS
OF THE STATE OF NEW YORK. EACH OF THE COMPANY, ARCONIC, AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED
BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS FIFTH SUPPLEMENTAL
INDENTURE OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

5.     Multiple
Counterparts. The parties may sign multiple counterparts of this Fifth Supplemental Indenture. Each signed counterpart shall
be deemed an original, but all of them together represent the same agreement.

 

6.     Effect
of Headings. The Section headings herein are for convenience of reference only, are not to be considered a part hereof, and
shall in no way modify or restrict any of the terms or provisions hereof.

 

7.     Trustee. The Trustee accepts the amendment of the Indenture effected by this Fifth Supplemental Indenture and agrees
to execute the trust created by the Indenture as hereby amended, but only upon the terms and conditions set forth in the Indenture,
including the terms and provisions defining and limiting the liabilities and responsibilities of the Trustee, which terms and provisions
shall in like manner define and limit its liabilities and responsibilities in the performance of the trust created by the Indenture
as hereby amended. Without limiting the generality of the foregoing, the Trustee shall not be responsible in any manner whatsoever
for or with respect to any of the recitals or statements contained herein, all of which recitals or statements are made solely
by the Company and Arconic, or for or with respect to (i) the validity, efficacy, or sufficiency of this Fifth Supplemental Indenture
or any of the terms or provisions hereof, (ii) the proper authorization hereof by the Company or Arconic, as applicable, by corporate
action or otherwise, or (iii) the due execution hereof by the Company or Arconic, as applicable, and the Trustee makes no representation
with respect to any such matters.

 

[Signature Pages Follow]

 

     

     

    

 

IN WITNESS WHEREOF, the parties hereto have
caused this Fifth Supplemental Indenture to be duly executed, all as of the date first above written.

 

	 	RTI INTERNATIONAL METALS, INC.
	 	 	 
	 	 	 
	 	By:	/s/ 	Peter Hong	 
	 	Name: 	Peter Hong	 
	 	Title:	Vice President and Treasurer	 

 

 

 

[Signature Page – RTI Indenture
- Fifth Supplemental Indenture]

     

     

    

 

	 	ARCONIC INC.
	 	 	 
	 	 	 
	 	By:	/s/ 	Peter Hong	 
	 	Name: 	Peter Hong	 
	 	Title:	Vice President and Treasurer	 

 

 

 

[Signature Page – RTI Indenture
- Fifth Supplemental Indenture]

     

     

    

 

	 	THE BANK OF NEW YORK MELLON TRUST
COMPANY, N.A., as Trustee
	 	 	 
	 	 	 
	 	By:	/s/ 	Karen Yu	 
	 	Name: 	Karen Yu	 
	 	Title:	Vice President	 

 

 

 

[Signature Page – RTI Indenture
- Fifth Supplemental Indenture]Exhibit 10.5

 

AMENDMENT NO. 4 TO THE

 CREDIT AGREEMENT

 

	
 

	Dated as of December 1, 2017

AMENDMENT NO. 4 TO THE CREDIT AGREEMENT (the “Amendment”) among GREEN BRICK PARTNERS, INC., a Delaware corporation (the “Company”), the banks, financial institutions and other institutional lenders parties to the Credit Agreement referred to below (collectively, the “Lenders”) and FLAGSTAR BANK, FSB, as agent (the “Agent”) for the Lenders.

 

PRELIMINARY STATEMENTS:

 

(1)          The Company, the Lenders and the Agent have entered into a Credit Agreement dated as of December 15, 2015 (as amended by the First Amendment thereto dated as of August 31, 2016, the Second Amendment thereto dated as of December 1, 2016 and the Third Amendment thereto dated as of September 1, 2017, the “Credit Agreement”).  Capitalized terms not otherwise defined in this Amendment have the same meanings as specified in the Credit Agreement.

 

(2)          Pursuant to Section 2.22 of the Credit Agreement, the Company has requested that the Termination Date be extended from December 14, 2019 to December 14, 2020.

 

SECTION 1.          Consent to Extension Request.  Pursuant to Section 2.22 of the Credit Agreement, each Lender so indicating on its signature page to this Amendment (each such Lender, a “Consenting Lender”) agrees to extend the Termination Date with respect to its Commitment(s) for a period of one year, to December 14, 2020.  This agreement to extend the Termination Date is subject in all respects to the terms of the Credit Agreement.  For the avoidance of doubt, upon satisfaction of the applicable conditions set forth in Section 2.22(e) and (f) of the Credit Agreement and the payment of fees pursuant to Section 2 of this Amendment, the extension of the Termination Date of each Consenting Lender shall be effective on December 15, 2017.

 

SECTION 2.          Fees.  The Borrower agrees to pay to each Consenting Lender an upfront fee of 0.15% of the aggregate amount of such Consenting Lender’s extended commitments, which fee shall be due and payable on December 15, 2017 prior to the effectiveness of the extension of the Termination Date.

 

SECTION 3.          Conditions of Effectiveness.  This Amendment shall become effective as of the date first above written when, and only when, the Agent shall have received counterparts of this Amendment executed by the Company and the Required Lenders.

SECTION 4.          Representations and Warranties of the Company.  The Company represents and warrants that (i) the representations and warranties contained in Article IV of the Credit Agreement are true and correct in all material respects (other than representations and warranties qualified by materiality or Material Adverse Effect, which representations and warranties are true and correct in all respects) on and as of the date hereof, before and after giving effect to this Amendment, as though made on and as of the date hereof, and (ii) no Default has occurred and is continuing, or would result from this Amendment.

 

SECTION 5.          Reference to and Effect on the Credit Agreement.  (a)  On and after the effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment.

 

(b)          The Credit Agreement, as specifically amended by this Amendment, is and shall continue to be in full force and effect and is hereby in all respects ratified and confirmed.

 

(c)          The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Agent under the Credit Agreement, nor constitute a waiver of any provision of the Credit Agreement.

 

(d)          This Amendment is subject to the provisions of Section 9.01 of the Credit Agreement.

 

SECTION 6.          Costs and Expenses.  The Company agrees to pay on demand all costs and expenses of the Agent in connection with the preparation, execution, delivery and administration, modification and amendment of this Amendment (including, without limitation, the reasonable fees and expenses of counsel for the Agent) in accordance with the terms of Section 9.04 of the Credit Agreement.

 

SECTION 7.          Acknowledgement.  Execution of this Amendment by a Lender and by the Company constitute the acknowledgment of the notice to such Lender and the Company, respectively, of the matters contemplated by Section 2.22(b) and (c), respectively, of the Credit Agreement.

 

SECTION 8.          Execution in Counterparts.  This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement.  Delivery of an executed counterpart of a signature page to this Amendment by telecopier shall be effective as delivery of a manually executed counterpart of this Amendment.

 

SECTION 9.          Governing Law.  This Amendment shall be governed by, and construed in accordance with, the law of the State of New York.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first above written.

	 	
GREEN BRICK PARTNERS, INC.

	 	 
	 	
By:

	
/s/ Richard A. Costello

	 	
Name:

	
Richard A. Costello

	 	
Title:

	
Chief Financial Officer

[Signature Page to Amendment No. 4]

 

	 	
FLAGSTAR BANK, FSB, as Agent

	 	 
	 	
By:

	
/s/ Jerry C. Schillaci

	 	
Name:

	
Jerry C. Schillaci

	 	
Title:

	
Vice President

[Signature Page to Amendment No. 4]

 

SIGNATURE PAGE

 

CONSENT to extension of Termination Date:

 

Name of Lender: CITIBANK, N.A.

	
by

	 	 	 
	 	
/s/ John C. Rowland

	 
	 	
Name:

	
 John C. Rowland

	 
	 	
Title:

	
  Vice President

	 

[Signature Page to Amendment No. 4]

 

SIGNATURE PAGE

 

CONSENT to extension of Termination Date:

 Name of Lender: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH

 

	
by

	 	 	 
	 	
/s/ William O’Daly

	 
	 	
Name:

	
 William O’Daly

	 
	 	
Title:

	
 Authorized Signatory

	 

	
by

	 	 	 
	 	
/s/ Brady Bingham

	 
	 	
Name:

	
 Brady Bingham

	 
	 	
Title:

	
 Authorized Signatory

	 

[Signature Page to Amendment No. 4]

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