Document:

EXHIBIT 4.1

 Exhibit 4.1 
 SUPPLEMENTAL INDENTURE 
 SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”),
dated as of February 26, 2007, among Primus Telecommunications Group, Incorporated (the “Company”), and U.S. Bank National Association, a national banking association, successor to First Union National Bank, as trustee under
the indenture referred to below (the “Trustee”). 
 RECITALS 
 WHEREAS, the Company has heretofore executed and delivered to the Trustee an Indenture (the “Indenture”), dated as of October 15,
1999, providing for the issuance of an aggregate principal amount of up to $325,000,000 of 12-3/4% Senior Notes due 2009 (the “Securities”); 
 WHEREAS, Section 9.02 of the Indenture provides that with the consent of the holders of at least a majority in principal amount of the Securities at the time outstanding (the “Requisite
Consents”), the Company and the Trustee may amend the Indenture, subject to certain exceptions specified in Section 9.02 of the Indenture; 
 WHEREAS, the Company and certain Holders of the Securities have entered into an Exchange and Purchase Agreement, dated February 26, 2007 (the “Exchange and Purchase Agreement”) in connection
with, among other things, the proposed amendments to the Indenture (the “Proposed Amendments”); 
 WHEREAS, the Company has
obtained the Requisite Consents for the Proposed Amendments; and 
 WHEREAS, this Supplemental Indenture has been duly authorized by all
necessary corporate action on the part of the Company; 
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Company and the Trustee mutually covenant and agree for the equal and ratable benefit of all Holders of the Securities, as follows: 
 1. Amendments 
 (a) The following
Sections of the Indenture, and any corresponding provisions in the Securities, are hereby deleted in their entirety and replaced with “[Intentionally omitted.]”: 
  

			
	 Indenture Section Number
	  	 Caption

	 Section 10.04
	  	Corporate Existence
		
	 Section 10.05
	  	Payment of Taxes and Other Claims
		
	 Section 10.06
	  	Maintenance of Properties
		
	 Section 10.07
	  	Insurance
		
	 Section 10.08
	  	Statement by Officers As to Default
		
	 Section 10.09
	  	Provisions of Financial Statements
		
	 Section 10.10
	  	Repurchase of Notes upon a Change of Control

  

			
	 Indenture Section Number
	  	 Caption

	 Section 10.11
	  	Limitation on Indebtedness
		
	 Section 10.12
	  	Limitation on Restricted Payments
		
	 Section 10.13
	  	Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries
		
	 Section 10.14
	  	Limitation on the Issuance and Sale of Capital Stock of Restricted Subsidiaries
		
	 Section 10.15
	  	Limitation on Transactions with Shareholders and Affiliates
		
	 Section 10.16
	  	Limitation on Liens
		
	 Section 10.17
	  	Limitation on Asset Sales
		
	 Section 10.18
	  	Limitation on Issuances of Guarantees of Indebtedness by Restricted Subsidiaries
		
	 Section 10.19
	  	Business of the Company
		
	 Section 10.20
	  	Limitation on Investments in Unrestricted Subsidiaries
		
	 Section 8.01
	  	Company May Consolidate, Etc., Only on Certain Terms
		
	 Section 8.02
	  	Successor Substituted
		
	 Section 8.03
	  	Notes to Be Secured in Certain Events

 (b) Clauses (3), (4), (5), (6), (7), (8) and (9) of Section 5.01 of the Indenture
are hereby deleted and replaced with “[Intentionally omitted.]” 
 (c) Any definitions used exclusively in the provisions of the
Indenture or Securities that are deleted pursuant to paragraphs (a) and (b) of this Section 1, and any definitions used exclusively within such definition, are hereby deleted in their entirety from the Indenture and the Securities.

 (d) Any and all references in the Indenture and the Securities to clauses, Sections or other terms or provisions of the Indenture or
Securities referred to in paragraphs (a), (b) and (c) of this Section 1 or that have been otherwise deleted pursuant to this Supplemental Indenture and any and all obligations thereunder related solely to such clauses, Sections, terms
or provisions are hereby deleted throughout the Indenture and the Securities, and shall be of no further force and effect. 
 2. Effect of
Supplemental Indenture. From and after the Amendment Operative Date (as defined below), the Indenture shall be amended and supplemented in accordance herewith. Each reference in the Indenture to “this Indenture,” “hereunder,”
“hereof,” or “herein” shall mean and be a reference to the Indenture as amended and supplemented by this Supplemental Indenture unless the context otherwise requires. The Indenture as amended and supplemented by this Supplemental
Indenture shall be read, taken and construed as one and the same instrument, and every Holder heretofore or hereafter authenticated and delivered under the Indenture as supplemented by this Supplemental Indenture shall be bound thereby. 

 

 2 

 3. Existing Indenture Remains in Full Force and Effect. Except as amended and supplemented by this
Supplemental Indenture, all provisions in the Indenture shall remain in full force and effect. 
 4. Conflict with Trust Indenture
Act. If any provision of this Supplemental Indenture limits, qualifies or conflicts with any provision of the Trust Indenture Act that is required under such Act to be part of and govern any provision of this Supplemental Indenture, the
provision of such Act shall control. If any provision of this Supplemental Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the provision of such Act shall be deemed to apply to the
Indenture as so modified or to be excluded by this Supplemental Indenture, as the case may be. 
 5. Separability Clause. In case any
provision in this Supplemental Indenture 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. 
 6. Terms Defined in the Indenture. All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Indenture.

 7. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction hereof.

 8. Benefits of Supplemental Indenture, etc. Nothing in this Supplemental Indenture, the Indenture or the Securities, express or
implied, shall give to any Person, other than the parties hereto and thereto and their successors hereunder and thereunder and the Holders of Securities, any benefit of any legal or equitable right, remedy or claim under the Indenture, this
Supplemental Indenture or the Securities. 
 9. Successors and Assigns. All covenants and agreements in this Supplemental Indenture by
the Company shall bind its successors and assigns, whether so expressed or not. 
 10. Effectiveness. This Supplemental Indenture
shall become effective and binding on the Company and the Trustee upon the execution and delivery by the parties to this Supplemental Indenture; provided, however, that this Supplemental Indenture and the Proposed Amendments shall become operative,
and the terms of the Indenture shall be amended, supplemented, modified or deleted hereby, in each case only upon the Closing Date, as defined in the Exchange and Purchase Agreement (the “Amendment Operative Date”). 
 11. Trustee Makes No Representation. The Trustee makes no representation as to the validity or sufficiency of this Supplemental Indenture.

 12. Certain Duties and Responsibilities of the Trustee. In entering into this Supplemental Indenture, the Trustee shall be entitled
to the benefit of every provision of the Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee, whether or not elsewhere herein so provided. 
 13. Governing Law. 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. 
  

 3 

 14. Counterparts. This Supplemental Indenture may be executed in counterparts, each of which, when
so executed, shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. 
 [Signature page follows] 
  

 4 

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

			
	PRIMUS TELECOMMUNICATIONS GROUP,
INCORPORATED
		
	By:	 	/s/ K. Paul Singh
	Name:	 	K. Paul Singh
	Title:	 	Chairman, CEO and President

  

	
	Attest:
	/s/ Mark Guirgis
	 Authorized Signature

  

			
	U.S. BANK NATIONAL ASSOCIATION, as Trustee
		
	 By:
	 	/s/ John J. Doherty
		 	Authorized Signatory

  

	
	Attest:
	/s/ Beverly A. Freeney
	 Authorized Signature

 Signature Page to Supplemental IndentureFIRST AMENDMENT TO EMPLOYEE STOCK PURCHASE PLAN

 Exhibit 10.3(b) 
 COMPUCREDIT CORPORATION 
 EMPLOYEE STOCK PURCHASE PLAN 
 FIRST AMENDMENT 
 This FIRST AMENDMENT
(this “Amendment”) to the CompuCredit Corporation Employee Stock Purchase Plan (the “Plan”) is made by the Compensation Committee (the “Committee”) of the Board of Directors pursuant to and in
accordance with Section 7.9 of the Plan and the duly adopted resolutions of Committee dated November 5, 2004. This Amendment shall be effective as of the date the Plan was originally adopted. 
  

	1.	Section 3.2(A) of the Plan is deleted in its entirety and shall be replaced with the following: 

 A. ELIGIBLE EMPLOYEE DEFINED. Except as otherwise required by Code Section 423 or other
applicable law, including, without limitation, securities laws of a foreign jurisdiction applicable to such Employee, an Employee shall be considered an Eligible Employee for purposes of participation in the Plan as of the first Offering
Commencement Date after Employee completes thirty calendar days of continuous service with the Company. In addition, each Employee employed by the Company on the Effective Date (as defined in Section 7.8) will be considered an Eligible
Employee. For purposes of the Plan, the employment relationship shall be treated as continuing intact while the individual is on sick leave or other leave of absence approved by the Company. Where the period of leave exceeds ninety (90) days
and the individual’s right to reemployment is not guaranteed either by statute or by contract, the employment relationship shall be deemed to have terminated on the ninety-first (91st) day of such leave. 
  

	2.	Except as amended hereby, the terms of the Plan are not otherwise changed and the Plan shall continue in full force and effect. 

 AS ADOPTED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF COMPUCREDIT CORPORATION ON NOVEMBER 5, 2004. 
  

			
	COMPUCREDIT CORPORATION
		
	By:	 	/S/ ROHIT H. KIRPALANI
		 	 Rohit H. Kirpalani
 General Counsel and
Secretary

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00118-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00118-of-00352.parquet"}]]