Document:

Exhibit 4.1

 

Exhibit 4.1

First Supplemental Indenture

     FIRST SUPPLEMENTAL INDENTURE (the “Supplemental Indenture”), dated as of January 6, 2006,
between Fidelity National Title Group, Inc., a Delaware corporation (the “Company”) and The Bank of
New York Trust Company, N.A. a national banking association and a wholly owned subsidiary of The
Bank of New York Company, Inc. (the “Trustee”).

     WHEREAS, pursuant to the Indenture, dated as of December 8, 2005, between the Company and the
Trustee (the “Original Indenture;” the Original Indenture, as amended hereby, the “Indenture”), the
Company plans to issue securities, which it wishes to make subject to the terms hereof;

     NOW, THEREFORE, for and in consideration of the premises, it is mutually covenanted and agreed
as follows:

     Section 1. Section 9.8 of the Original Indenture is hereby amended to delete the provisions
appearing therein in their entirety and to replace such provisions with the following:

     “Section 9.8. Limitation on Liens. The Company shall not, and shall not permit any
of its Restricted Subsidiaries to, incur, assume or guarantee any Debt secured by a Lien on any
part of its property, whether now owned or hereafter acquired, without effectively securing the
Notes equally and ratably with that Debt, other than the following (“Excluded Debt”):

	 	(a)	 	Liens securing all or any portion of any Debt incurred (x)
pursuant to the Credit Agreement, dated as of October 17, 2005, by and among
the Company, as Borrower, Bank of America, N.A., as Administrative Agent, and
various financial institutions and other persons from time to time parties
thereto, as Lenders, as amended, supplemented or modified from time to time
(the “Credit Agreement”) or (y) pursuant to any Debt instrument or agreement
(“Refinancing Debt”) that in whole or in part refinances, refunds, repays,
renews, replaces or extends the Credit Agreement or any Refinancing Debt;
provided that the aggregate principal amount of Debt that shall constitute
Excluded Debt under this Section 9.8(a) shall not exceed $400 million;
	 
	 	(b)	 	Liens for taxes, fees, assessments or other governmental
charges which are not delinquent or remain payable without penalty, or to the
extent that non-payment thereof is being contested in good faith and by proper
proceedings, if the Company or the applicable Restricted Subsidiary has
maintained adequate reserves (in the good faith judgment of the management of
the Company) with respect thereto in accordance with GAAP;
	 
	 	(c)	 	carriers’, warehousemen’s, mechanics’, landlords’,
materialmen’s, repairmen’s or other similar Liens arising in the ordinary
course of business which are not delinquent or remain payable without penalty
or which are being contested in good faith by appropriate proceedings
diligently prosecuted;

 

	 	(d)	 	Liens existing on August 20, 2001;
	 
	 	(e)	 	Liens consisting of pledges or deposits of cash or securities
made by any Restricted Subsidiary in the insurance business as a condition to
obtaining or maintaining any licenses issued to it by, or to satisfy the
requirements of, any administrative or governmental body of the state of
domicile of such Restricted Subsidiary responsible for the regulation thereof;
	 
	 	(f)	 	Liens consisting of judgment or judicial attachment Liens
(other than arising as a result of claims under or related to insurance
contracts or policies, retrocession agreements or reinsurance agreements);
provided that the enforcement of such Liens is effectively stayed or fully
covered by insurance and all such Liens in the aggregate at any time
outstanding for the Company and its Restricted Subsidiaries do not exceed
$20,000,000;
	 
	 	(g)	 	Liens on assets subject to, and securing obligations in respect
of, leases that, in conformity with GAAP, are, or are required to be, accounted
for as capital leases on the applicable balance sheet, which are entered into
in the ordinary course of business and are non-recourse to the Company or its
Restricted Subsidiaries, and other such leases in an aggregate amount not to
exceed $15,000,000 at any one time outstanding;
	 
	 	(h)	 	Liens securing obligations permitted under Sections 7.04(f) and
(g) of the Credit Agreement, to the extent such Liens are identified and
permitted under such sections;
	 
	 	(i)	 	Liens arising as a result of claims under or related to
insurance contracts or policies, reinsurance agreements or retrocession
agreements in the ordinary course of business, or securing Debt of Restricted
Subsidiaries in the insurance business incurred or assumed in connection with
the settlement of claim losses in the ordinary course of business of such
Restricted Subsidiaries;
	 
	 	(j)	 	Liens on assets of a Person that becomes a Restricted
Subsidiary after August 20, 2001 securing Debt of such Person, which Liens and
Debt previously existed and were not created in contemplation of such
acquisition, and which Liens are not spread to cover any other property;
	 
	 	(k)	 	Liens on assets of the Company or its Restricted Subsidiaries
securing Debt owed to the Company or a Restricted Subsidiary;
	 
	 	(l)	 	so long as no Default or Event of Default has occurred and is
continuing, other Liens securing obligations in an aggregate amount not
exceeding $20,000,000; and
	 
	 	(m)	 	any extension, renewal or replacement of the foregoing;
provided that the Liens permitted hereby shall not be spread to cover any
additional Debt or property (other than a substitution of like property).

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For purposes of this Section 9.8, the term “Restricted Subsidiary” shall include all Subsidiaries
of the Company except FNF Capital, Inc., Fidelity Asset Management, Inc., Micro General
Corporation, and any of their respective Subsidiaries.”

     Section 2. Section 5.1(4) of the Original Indenture is hereby amended to delete the provision
appearing therein in its entirety and to replace such provision with the following:

          “(4) default in the payment when due of amounts payable under any bond, note, debenture or
other evidence of Debt of the Company (including such default with respect to any other series of
Securities), or under any mortgage, indenture or other instrument under which there may be issued
or by which there may be secured or evidenced any Debt of the Company, whether such Debt exists on
the date of this Indenture or shall hereafter be incurred or created, in an aggregate amount
exceeding $20,000,000, or default under any such evidence of Debt (including default with respect
to any other series of Securities), or under any such other instrument, which results in such Debt
in an aggregate principal amount exceeding $20,000,000 becoming or being declared due and payable
prior to the date on which it would otherwise have become due and payable, and such outstanding
amount shall not be paid in full, such acceleration shall not be rescinded or annulled or such Debt
shall not be paid in full, or there shall not be deposited into trust a sum of money sufficient to
pay in full such outstanding amount or such Debt, within a period of 10 days after there shall have
been given, by registered or certified mail, to the Company by the Trustee or to the Company and
the Trustee by the Holders of at least 25% in aggregate principal amount of the Notes a written
notice specifying such default and requiring the Company to cause such outstanding amount to be
paid in full, such acceleration to be rescinded or annulled, or such Debt to be paid in full, or to
deposit into trust a sum of money sufficient to pay in full such outstanding amount or Debt and
stating that such notice is a “Notice of Default” hereunder;”.

     Section 3. Section 9.5 of the Original Indenture is hereby amended to delete the entirety of
the text appearing therein and to replace such text with the following:

          “Section 9.5. Insurance. The Company covenants and agrees that it will maintain, and
cause each of its Subsidiaries to maintain, insurance with responsible and reputable insurance
companies or associations in such amounts and covering such risks as are consistent with sound
business practice for corporations engaged in the same or similar business similarly situated. In
lieu of the foregoing or in combination therewith, in case of itself or of any one or more of its
Subsidiaries, the Company will maintain or cause to be maintained a system or systems of
self-insurance which will accord with the financially sound and approved practices of companies
owning or operating properties of a similar character and maintaining such systems.”

     Section 4. Section 9.7 of the Original Indenture is hereby amended to designate the existing
text thereof as subsection (a) and to add a new subsection (b), as follows:

     “(b) The Company covenants and agrees to deliver to the Trustee, promptly after
the Company becomes aware of the occurrence of a Default or an Event of Default of
the character specified in Section 5.1(4) hereof, written notice of the occurrence
of such Default or Event of Default.”

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     Section 5. Section 9.9 of the Original Indenture is hereby amended to delete the entirety of
the text appearing therein and to replace such text with the following:

     “Section 9.9. Books of Record and Account; Compliance with Law.

     (a) The Company will keep, and will cause each Subsidiary to keep, proper books of record and
account, either on a consolidated or individual basis. The Company shall cause its books of record
and account to be examined by one or more firms of independent public accountants not less
frequently than annually. The Company shall prepare its financial statements in accordance with
GAAP.

     (b) The Company shall, and shall cause each of its Subsidiaries to, comply with all statutes,
laws, ordinances, or government rules and regulations to which it is subject, non-compliance with
which would materially adversely affect the business, prospects, earnings, properties, assets or
condition, financial or otherwise, of the Company and its Subsidiaries taken as a whole.”

     Section 6. The Indenture, supplemented as hereinabove set forth, is in all respects ratified
and confirmed, and the terms and conditions thereof, supplemented as hereinabove set forth, shall
be and remain in full force and effect.

     Section 7. The recitals contained in this Supplemental Indenture shall be taken as the
statements of the Company, and the Trustee shall have no liability or responsibility for their
correctness. The Trustee makes no representations as to the validity or sufficiency of this
Supplemental Indenture.

     Section 8. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK 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.

     Section 9. This Supplemental Indenture may be signed in any number of counterparts, each of
which shall be an original, with the same effect as if the signatures thereto and hereto were upon
the same instrument.

     Section 10. Capitalized terms used but not otherwise defined herein have the meanings assigned
to them in the Indenture.

[Remainder of page intentionally left blank]

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

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	FIDELITY NATIONAL TITLE GROUP, INC.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	/s/  Anthony J. Park	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Name: Anthony J. Park	 	 
	 

	 	 	 	 	 	 	 	Title:  Executive Vice President and

           Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Attest:
	 	/s/ Todd C. Johnson	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Name:
	 	 Todd C. Johnson	 	 	 	 	 	 	 	 
	Title:
	 	Senior Vice President and Corporate
Secretary	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	THE BANK OF NEW YORK TRUST 	 	 
	 	 	 	 	 	 	     COMPANY, N.A.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	/s/ Sean Julien	 	 
	 

	 	 	 	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	 	 	Name: Sean Julien	 	 
	 

	 	 	 	 	 	 	 	Title: Assistant Treasurer	 	 

5Exhibit 10.1

 

Exhibit 10.1

FIDELITY NATIONAL TITLE GROUP, INC.

MIRROR NOTE

Dated: January 18, 2006

New York, New York

          Section 1. General. FIDELITY NATIONAL TITLE GROUP, INC., a Delaware corporation (the
“Company”), for value received, hereby promises to pay to FIDELITY NATIONAL FINANCIAL,
INC., a Delaware corporation (the “Holder”) on August 15, 2011, the principal amount of
Eight Million, Six Hundred Fifty-Three Thousand U.S. dollars ($8,653,000) together with simple
interest (calculated on the basis of a 360-day year of twelve 30-day months) on such principal
amount from and after August 15, 2005 at the rate of 7.30% per annum, such interest payable
semi-annually in arrears on February 15 and August 15 of each year, starting February 15, 2006. If
any such date when payment of principal or interest is due is not a Business Day (as defined
below), then such payment shall be made on the next succeeding Business Day, and no additional
interest shall accrue on such unpaid amount during the period of delay. Payment of both interest
and principal is to be made at such place as the Holder shall designate in writing, by wire
transfer or check, at the Holder’s option, in immediately available funds.

          Section 2. Corresponding Obligation. This Mirror Note is intended to mirror the terms
of the Holder’s 7.30% notes due August 15, 2011 (Cusip No. 31632AC1) (the “FNF Notes”)
issued pursuant to the Indenture, dated as of August 20, 2001, by and between the Holder and the
Bank of New York (the “Indenture”). Terms used herein and not otherwise defined shall have
the meanings ascribed to them in the Indenture.

          Section 3. Redemption.

          (a) Mandatory Redemption. Upon redemption by the Holder of all or any portion of the
FNF Notes pursuant to Section 6 of the FNF Notes and Article X of the Indenture, the Company shall
redeem all or, as the case may be, a portion of this Mirror Note in an amount
equal to the principal amount of the FNF Notes to be redeemed, at a redemption price (the
“Mirror Note Redemption Price”) equal to the Redemption Price (as defined in Section 6 of the FNF
Notes, which for the avoidance of doubt includes accrued and unpaid interest to the date of
redemption) paid by the Holder to redeem the FNF Notes. The Mirror Note Redemption Price shall be
paid at or prior to 9:30 a.m., New York City time, on the Redemption Date. Upon such payment, the
principal amount of the Mirror Note so redeemed shall cease to be outstanding and no further
interest shall accrue with respect to such portion.

          (b) Optional Redemption. The Company may elect to redeem this Mirror Note, at any
time in whole or from time to time in part, as specified in this Section 3(b). Such redemption
shall only be permitted if the Company delivers to the Holder FNF Notes in a principal amount equal
to the principal amount of this Mirror Note to be redeemed. No prior

 

 

notice of such redemption
need be given. Upon delivery of such FNF Notes, an equal principal amount of this Mirror Note
shall cease to be outstanding and no further interest shall accrue with respect to such portion.
No interest accrued on this Mirror Note from the last interest payment date hereunder to the date
of redemption will be payable by the Company except to the extent that following such redemption,
interest in respect of such period remains payable by the Holder to any holder of an FNF Note.
Upon any such redemption, the Holder shall immediately retire any FNF Notes so received from the
Company.

          Section 4. Mirror Note Events of Default.

          (a) For purposes of this Mirror Note, a “Mirror Note Event of Default” shall be deemed to have
occurred upon:

	 	(i)	 	any failure by the Company to pay all or any portion of an
interest payment on this Mirror Note when due and payable in accordance with
the terms hereof, which failure continues un-remedied for a period of 10 days,
or any failure to pay all or any portion of the principal amount of this Mirror
Note when due and payable in accordance with the terms hereof;
	 
	 	(ii)	 	(A) the filing by the Company of a voluntary petition seeking
liquidation, reorganization, arrangement or readjustment, in any form, of its
debts under Title 11 of the United States Code (or corresponding provisions of
future laws) or any other applicable bankruptcy, insolvency or similar law, or
the filing by the Company of an answer consenting to or acquiescing in any such
petition, (B) the making by the Company of any assignment for the benefit of
its creditors, or the admission by the Company in writing of its inability to
pay its debts as they become due, (C) the filing of (x) an involuntary petition
against the Company under Title 11 of the United States Code, or any other
applicable bankruptcy, insolvency or similar law (or corresponding provisions
of future laws), (y) an application for the appointment of a custodian,
receiver, trustee or other similar official for the Company for all or a
substantial part of the assets of the Company or (z) an involuntary petition
against the Company seeking liquidation, winding up, reorganization,
arrangement, adjustment, protection, relief or composition of the Company or
any of the Company’s debts under any other federal or state insolvency law, provided that any such filing shall
not have been vacated, set aside or stayed within a 45 day period from the
date thereof, or (D) the entry against the Company of a final and
nonappealable order for relief under any bankruptcy, insolvency or similar
law now or hereafter in effect; or
	 
	 	(iii)	 	any acceleration under the Indenture of the payment of the
principal amount of any FNF Notes as the result of any “Event of Default” under
the FNF Notes.

          (b) Upon the occurrence and during the continuance of any Mirror Note Event of Default
described in Section 4(a)(i), the Holder may, by written notice to the Company,

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delivered at its
headquarters in care of the Chief Financial Officer, declare all or any portion of the unpaid
principal amount of this Mirror Note, together with accrued interest thereon, to be immediately due
and payable. Upon the occurrence of any Mirror Note Event of Default described in Section 4(a)(ii)
or 4(a)(iii), the unpaid principal amount of this Mirror Note, together with accrued interest
thereon, shall automatically become due and payable, without any action or notice by the Holder;
provided that, with respect to any Mirror Note Event of Default described in Section
4(a)(iii), if the acceleration of the FNF Notes is rescinded, the acceleration of the Mirror Notes
shall be automatically rescinded. Demand, presentment, protest and notice of non-payment are
hereby waived by the Company.

          Section 5. Remedies Cumulative. No failure to exercise or delay in exercising any
right, remedy, power or privilege hereunder shall operate as a waiver thereof, nor shall any single
or partial exercise of any right, remedy, power or privilege hereunder preclude any other or
further exercise thereof or the exercise of any other right, remedy, power or privilege. The
rights, remedies, powers and privileges provided herein are cumulative and not exclusive of any
rights, remedies, powers and privileges provided by law.

          Section 6. Severability. If any provision of this Mirror Note is invalid or
unenforceable in any jurisdiction, the other provisions hereof shall remain in full force and
effect in such jurisdiction and the remaining provisions hereof shall be liberally construed in
favor of the Holder in order to effectuate the provisions hereof and the invalidity of any
provision hereof in any jurisdiction shall not affect the validity or enforceability of any other
provision in any other jurisdiction.

          Section 7. Successors and Assigns. This Mirror Note shall not be assignable by the
Company (other than in a merger or by operation of law) without the prior written consent of the
Holder. Subject to the foregoing, this Mirror Note shall be binding upon the Company and its
successors and assigns.

          Section 8. Replacement of Note. Upon receipt of evidence reasonably satisfactory to
the Company of the loss, theft, destruction or mutilation of this Mirror Note, and the Company’s
receipt of an indemnity agreement of the Holder reasonably satisfactory to the Company, the Company
will, at the expense of the Holder, execute and deliver, in lieu thereof, a new note of like terms.

          Section 9. No Personal Liability. No director, officer, employee, incorporator,
member or equity holder of the Company, as such, shall have any liability for any obligations of
the Company under this Mirror Note or for any claim based on, in respect of, or by reason of, such
obligations or their creation. By accepting this Mirror Note, the Holder waives and releases all
such liability. This waiver and release are part of the consideration for issuance of this Mirror
Note.

          Section 10. Descriptive Headings. The descriptive headings of this Mirror Note are
inserted for convenience only and do not constitute a part of this Mirror Note.

          Section 11. Choice of Law. THIS MIRROR NOTE IS TO BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK, WITHOUT GIVING EFFECT TO THE PRINCIPLES OF
CONFLICTS OF LAW THEREOF.

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          IN WITNESS WHEREOF, the Company has caused this Mirror Note to be executed as of the date
first written above.

	 	 	 	 	 
	 

	 	FIDELITY NATIONAL TITLE GROUP, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Anthony J. Park
	 

	 	 	 	 
	 

	 	 	 	Name: Anthony J. Park

Title: Chief Financial Officer

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