Document:

EX-4.1

 Exhibit 4.1 

Execution Version 

FIRST SUPPLEMENTAL INDENTURE 

THIS FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of August 17, 2022, among Darling
Ingredients Inc., a Delaware corporation (the “Company”), the guarantors party hereto (each, a “Guarantor”, collectively, the “Guarantors”) and Truist Bank, as trustee under the Indenture referred
to herein (the “Trustee”). 
 W I T N E S S E T H 

WHEREAS, the Company and the Guarantors (as defined in the Indenture referred to below) have heretofore executed and delivered to the Trustee
an indenture (the “Indenture”), dated as of June 9, 2022, providing for the issuance of an unlimited aggregate principal amount of 6% Senior Notes due 2030 (the “Notes”); 

WHEREAS, pursuant to Section 2.01(e) of the Indenture, Additional Notes may be issued from time to time under the Indenture, and such
Additional Notes shall rank pari passu with, and be consolidated with and form a single class with, the Initial Notes and shall have the same terms as to status, redemption or otherwise (other than issue date, issue price and, if applicable,
the first Interest Payment Date and the initial interest accrual date) as the Initial Notes; 
 WHEREAS, the Company and the Guarantors have
authorized the execution and delivery of this Supplemental Indenture for the purpose of issuing US$250,000,000 in aggregate principal amount of Additional Notes (the “New Notes”); 

WHEREAS, pursuant to Section 9.01(a)(4) of the Indenture, the Company, the Trustee and the Guarantors are authorized to execute and
deliver this Supplemental Indenture to provide for the issuance of Additional Notes in accordance with the limitations set forth in the Indenture without notice to or consent of any Holder; and 

WHEREAS, the Trustee in entering into this Supplemental Indenture is entitled to rely upon the Officers’ Certificate and an Opinion of
Counsel, each of which has been provided to the Trustee. 
 NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the parties mutually covenant and agree for the equal and ratable benefit of the Holders as follows: 

1.    Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them
in the Indenture. 
 2.    Issue of New Notes. As of the date hereof, the Company shall issue the New Notes
pursuant to this Supplemental Indenture. The New Notes issued pursuant to this Supplemental Indenture constitute Additional Notes issued pursuant to Section 2.01(e) of the Indenture and shall be consolidated with and form a single class with
the Initial Notes previously established pursuant to the Indenture. The New Notes shall have the same terms and conditions in all respects as the Initial Notes, except that the issue date of the New Notes shall be August 17, 2022 and the issue
price shall be 102.000% of the aggregate principal amount thereof plus 

 
accrued and unpaid interest from, and including, June 9, 2022. The New Notes issued in the form of Global Notes will be issued under the same CUSIP number and ISIN as the Initial Notes
(except that New Notes issued pursuant to Regulation S under the Securities Act will trade separately under a different CUSIP number and ISIN until at least 40 days after the issue date of the New Notes). The aggregate principal amount of the New
Notes that may be authenticated and delivered pursuant to this Supplemental Indenture shall be US$250,000,000. Promptly following the termination of 40 days following the issue date of the New Notes, the Company shall cause the beneficial interests
in New Notes in the form of Regulation S Global Notes to be exchanged for beneficial interests in the Initial Note Regulation S Global Note (CUSIP: U23536 AB8; ISIN: USU23536AB88) pursuant to the Applicable Procedures. The Company shall deliver to
the Trustee an Authentication Order to process such mandatory exchange. 
 3.    Authentication and Delivery of New
Notes. As of the date hereof, the Company will issue, and the Trustee, pursuant to an Authentication Order delivered in connection therewith, is directed to authenticate and deliver, the New Notes under the Indenture, substantially in the form
of Exhibit A to the Indenture. 
 4.    No Recourse Against Others. No past, present or future director, officer,
employee, incorporator or stockholder of the Company or the Guarantors shall have any liability for any obligations of the Company or the Guarantors under the Notes, any Note Guarantees, the Indenture or this Supplemental Indenture or for any claim
based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting Notes waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. 

5.    Governing Law. THIS SUPPLEMENTAL INDENTURE, THE INDENTURE, THE INITIAL NOTES AND THE NEW NOTES WILL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 6.    Waiver of Jury Trial.
EACH OF THE COMPANY, THE GUARANTORS 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 SUPPLEMENTAL INDENTURE,
THE INDENTURE, THE INITIAL NOTES, THE NEW NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. 

7.    Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy
shall be an original, but all of them together represent the same agreement. Delivery of an executed counterparty by facsimile or other electronic means (including “.pdf” and “.tif” format) shall constitute delivery of an
executed original. Signatures of the parties hereto transmitted by facsimile, PDF or other electronic means shall be deemed to be their original signatures for all purposes. The words “execution,” “signed,” “signature,”
“delivery” and words of like import in or relating to this Supplemental Indenture or any document to be signed in connection with this Supplemental Indenture shall be deemed to include electronic signatures, deliveries or the keeping of
records in electronic form, each of 

  
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which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may
be, and the parties hereto consent to conduct the transactions contemplated hereunder by electronic means. 

8.    Headings. The headings of the Sections of this Supplemental Indenture have been inserted for convenience of
reference only, are not to be considered a part of this Supplemental Indenture and shall in no way modify or restrict any of the terms or provisions hereof. 

9.    The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity
or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Company and the Guarantors. 

10.    Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended hereby,
the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. The Company and each Guarantor hereby consent to the terms of this Supplemental Indenture and the New
Notes, including, without limitation, all additional Obligations resulting therefrom. This Supplemental 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. 
 [Signature pages follow] 

  
 3 

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

			
	DARLING INGREDIENTS INC.
		
	By:	 	 /s/ Brad Phillips

	Name:	 	Brad Phillips
	Title:	 	 Executive Vice President & Chief

Financial Officer

  

			
	 GRIFFIN INDUSTRIES LLC 
 CRAIG
PROTEIN DIVISION, INC.
 DARLING GLOBAL HOLDINGS INC. 
 DARLING
NATIONAL LLC 
 DARPRO STORAGE SOLUTIONS LLC 
 ROUSSELOT INC.

 ROUSSELOT DUBUQUE INC. 
 ROUSSELOT PEABODY INC. 

SONAC USA LLC

		
	By:	 	 /s/ Martijn van Steenpaal

	Name:	 	Martijn van Steenpaal
	Title:	 	Senior Vice President & Treasurer

 [Signature Page to Supplemental Indenture] 

 
			
	TRUIST BANK, as Trustee
		
	By:	 	 /s/ Cristina G. Rhodebeck

	Name:	 	Cristina G. Rhodebeck
	Title:	 	Senior Vice President

 [Signature Page to Supplemental Indenture]Exhibit 10.1

 

Any ambiguity incurred
should be subject to the Chinese representations.

 

Equity Transfer Agreement

 

Number:GQHZ-NSHY-SL-20220421

 

 

THIS EQUITY TRANSFER AGREEMENT is entered into in Qingdao on
June 21, 2022, by and between:

 

Party A: NiSun Ocean (Qingdao) Supply Chain Investment Co., Ltd. 

 

Address: 8F, No.31 Donghai West Road, Shinnan District, Qingdao, Shandong
Province

 

Legal Representative: Wang Jingliang

 

Party B: Sun Baoguang

 

ID number.

 

Party C: Qingdao Sailang International Trade Co., Ltd.

 

Domicile: East of the 12th floor of Yamai International Center, No.7A,
Hong Kong Middle Road, Shinan District, Qingdao

 

Legal Representative: Sun Baoguang

 

    1

     

    

 

Any ambiguity incurred
should be subject to the Chinese representations.

 

In this Agreement, Party A and Party B shall be
referred to as “Party” or “any Party” and collectively as the “Parties”, Party C shall
be referred to as the “Target Company” or the “Company”, and Party A, Party B and the Target Company
together shall be referred to as the “Parties”.

 

Whereas:

 

	1.	Party A is a professional supply chain business service provider,
and Party C is a professional trader of import and export of goods such as metal ores, Party A and Party C have complementary advantages
in the field of import and export trade circulation, and there is a good basis for cooperation.

 

	2.	Party B voluntarily introduces Party A’s investment to jointly
increase Party C’s market share in metal ore import and export trade for mutual benefit.

 

	3.	Party B intends to transfer its entire equity interest in Party
C to Party A.

 

In view of the above,
in order to clarify the rights and obligations of the parties, the parties have reached this equity cooperation agreement after friendly
negotiation for mutual compliance.

 

Article I Share Transfer Program

 

1. 1 Overview
of the target company

 

	1.1.1	Company name:【Qingdao
Sailang International Trade Co., Ltd】.

 

	1.1.2	Registered capital: RMB【10
million】yuan, as of the date of this Agreement, the paid-in registered
capital is RMB【5 million】yuan.

 

	1.1.3	Shareholder: Sun Baoguang, holding 100% of the shares.

 

1. 2 Transfer
of the subject equity and the price

 

	1.2.1	B transfers【100】percent
of the equity interest in the Target Company to Party A at a transfer price of RMB【5
million】yuan.

 

	1.2.2	After the change of the business registration of the subject
equity transfer, Party A shall own【100】percent
of the equity interest of the target company.

 

    2

     

    

 

Any ambiguity incurred
should be subject to the Chinese representations.

 

	1.2.3	Party A shall pay the equity transfer price to Party B’s account
as follows.

 

Account name【Sun
Baoguang】

 

Bank account
number: 【 】

 

Account opening
bank 【 】

 

1.3 Target
Company Stock Debt Assumption

 

If the creditors of the stock
debt recover their claims from the target company after the equity settlement, Party B shall transfer the corresponding amount to the
target company and the target company shall settle the debt; if the creditors of the stock debt claim joint and several liability from
Party A and/or Party B, Party B shall settle the debt to the creditors and shall not recover the debt from Party A.

 

1. 4 Prerequisites
for the delivery of equity

 

The parties agree that the
completion of the registration of the change in the transfer of equity is subject to the completion or satisfaction of all of the following
conditions precedent:

 

	(1)	The parties have duly and validly completed the execution of
the new articles of association of the Target Company and other transaction documents in compliance with the requirements of this Agreement
and have obtained all necessary authorizations or permits for the execution of the said documents;

 

	(2)	There are no events, facts, conditions, changes or other circumstances
that have had or could reasonably be foreseen to have a material adverse effect on the financial condition, business, assets, liabilities,
prospects or operations of the Target Company and its affiliates;

 

	(3)	The representations and warranties made by Party B and the Target
Company in this Agreement are continuously true, complete and accurate;

 

	(4)	Party B and the Target Company have performed and complied with
all covenants, obligations and conditions required to be performed or complied with under this Agreement on or before the Settlement
Date.

 

1.5 Business change registration

 

After the equity cooperation
agreement is signed, all parties agree to complete the industrial and commercial change registration procedures for equity transfer within
15 working days.

 

    3

     

    

 

Any ambiguity incurred
should be subject to the Chinese representations.

 

Article II Representations,
Warranties and Undertakings

 

2.1 Guarantee and commitment of the parties

 

	(1)	It is a legal person duly established and validly existing under
the laws of China; or a citizen of the People’s Republic of China, without dual nationality.

 

	(2)	It has all, full and sufficient rights and authority to enter
into and perform this Agreement and has the capacity to enter into this Agreement in accordance with the laws of the People’s Republic
of China.

 

	(3)	It warrants that all documents and information provided by it
in connection with the execution of this Agreement are true, valid and complete.

 

	(4)	This Agreement is not entered into or performed in breach of
any material contract or agreement to which it is a party or which binds itself or its related assets.

 

	(5)	Its representative signing this Agreement is fully authorized
to enter into this Agreement pursuant to a valid power of attorney or a valid legal representative certificate.

 

	(6)	It warrants that it is under an obligation of confidentiality
with respect to the information contained in this Agreement, except to the extent that disclosure is required by law or the relevant
regulatory body/authority (as the case may be), and to the intermediaries related to this Agreement.

 

2.2 Warranties and undertakings of Party B
and the Target Company

 

	(1)	It has made full, detailed and timely disclosure to Party A
of all information and materials relating to the Transaction that are required to be known and available to Party A, without material
omission, misrepresentation or falsification.

 

	(2)	It has fully, truthfully and completely disclosed to Party A
the assets, liabilities, equity and external guarantee information of the Target Company.

 

	(3)	The governmental permits, approvals or filings necessary for
the Target Company to carry out the production, trading and distribution of metal ores and other businesses are continuously valid.

 

    4

     

    

 

Any ambiguity incurred
should be subject to the Chinese representations.

 

Article III Confidentiality

 

	3.1	Except as otherwise provided in this Agreement, the parties
shall treat as confidential and shall not disclose to or use with any third party any information received or obtained as a result of
the execution of this Agreement (including any agreements and documents executed pursuant to this Agreement) with respect to:

 

	(1)	The terms of this Agreement and of any agreement entered into
pursuant to this Agreement;

 

	(2)	Negotiations concerning this Agreement (and any other agreements
relating thereto); or

 

	(3)	Business, financial or other matters related to the Company.

 

	3.2	The prohibition on disclosure or use of any information in Section
3.1 shall not apply if:

 

	(1)	Required to be disclosed or used by law or by the rules or regulations
of any regulatory authority;

 

	(2)	Required to be disclosed or used in any judicial proceeding
arising out of this Agreement or any other agreement entered into pursuant to this Agreement, or reasonably disclosed to a taxing authority
in connection with a tax matter of the Disclosing Party;

 

	(3)	Disclosures made to the parties’ professional advisors;

 

	(4)	Information that has entered the scope of public knowledge other
than due to a violation of this Agreement;

 

	(5)	Where the other party has given prior written approval for disclosure
or use.

 

	3.3	This Article shall survive the termination of this Agreement.

 

Article IV possession and use
of intellectual property rights

 

	4.1	Except as otherwise provided in this Agreement, at the time
of this Agreement and after the signing of this Agreement, the Target Company is the sole and legal owner of the Company’s name, brands,
trademarks and patents, trade names and brands, website names, domain names, proprietary technologies, various business licenses and
other related intellectual property rights and licensing rights.

 

	4.2	At the time of this Agreement and after the signing of this
Agreement, any legally conducted technical and marketing promotion related to the Company and its products is subject to the Company’s
license and/or authorization.

 

    5

     

    

 

Any ambiguity incurred
should be subject to the Chinese representations.

 

Article V Notice and Service

 

	5.1	If, during the term of this Agreement, the performance of this
Agreement is affected by changes in laws, regulations or policies, or by the loss of either party’s eligibility and/or ability to perform
this Agreement, that party shall assume the obligation to notify the other parties within a reasonable time.

 

	5.2	The parties to the Agreement agree that any notice in connection
with this Agreement shall be effective only if served in writing. Written forms include, but are not limited to: fax, courier, mail,
email. Said notice shall be deemed to have been served: by facsimile, on the date such facsimile is successfully sent and received by
the party to whom it is addressed; by courier or hand delivery, on the date such notice is received by the recipient; by registered mail,
on the date one business day after it is sent; and by email, on the date the email is successfully sent.

 

	5.3	Notice shall be deemed validly served by delivering it to the
following place or transmitting it to the following fax number or sending it to the following e-mail address.

 

Party A address:

 Recipient:

Contact number:

E-mail address:

 

Party B address:

 Recipient:

Contact number:

E-mail address:

 

Party C address:

 Recipient:

Contact number:

E-mail address:

 

Article VI Breach of contract
and its liability

 

	6.1	Any breach of this Agreement or of the warranties and undertakings
made by either party shall constitute a breach of contract and the party in breach shall indemnify the other party for any loss caused
by its breach of contract.

 

	6.2	Failure or delay in exercising a right under this Agreement
or by law does not constitute a waiver of that or any other right. The exercise of a right under this Agreement or the Law, alone or
in part, shall not prevent the further exercise of that or any other right.

 

    6

     

    

 

Any ambiguity incurred
should be subject to the Chinese representations.

 

Article VII Change, dissolution
and termination of the agreement

 

	7.1	Any amendment or change to this Agreement shall be effective
only after the parties to the Agreement have separately negotiated and signed a written agreement on the amendment or change together.

 

	7.2	This Agreement is terminated in the following circumstances:

 

	(1)	Dissolved by consensus of the parties.

 

	(2)	If either party commits a breach of contract and does not correct
it within 10 days from the date the defaulting party sends it a written notice requesting correction, the defaulting party shall have
the right to unilaterally terminate this Agreement.

 

	(3)	This Agreement cannot be performed due to force manure.

 

	7.3	The party proposing to terminate the Agreement shall notify
the other parties in writing and the notice shall take effect when it reaches the other parties.

 

	7.4	The termination of this Agreement shall not affect the right
of the defaulting party to claim damages from the defaulting party.

 

	7.5	Neither party may assign all and/or part of its rights and obligations
under this Agreement or this Agreement without the consensus and written agreement of the parties hereto.

 

Article VIII Dispute Resolution

 

	8.1	The laws of the People’s Republic of China shall apply to the
validity, interpretation and performance of this Agreement.

 

	8.2	Any dispute arising between the parties to this Agreement shall
first be resolved through friendly consultation; if consultation fails, either party may file a lawsuit with the court where the plaintiff
is located.

 

	8.3	During the dependency of proceedings under this Article, this
Agreement shall remain in full force and effect in all respects except as to the subject matter of the Proceedings. Each party shall
continue to perform its obligations and exercise its rights under this Agreement, except for the obligations involved in the subject
matter of the Proceedings.

 

Article IX By-laws

 

	9.1	For matters not covered by this Agreement, the parties may sign
a separate supplement, which is an integral part of this Agreement and has the same legal effect as this Agreement.

 

	9.2	This Agreement shall be established and effective upon the signature
and seal of each party. This Agreement shall be executed in two (2) copies for each party, each of which shall have the same legal effect.

 

(No text below
this page)

 

    7

     

    

 

Any ambiguity incurred
should be subject to the Chinese representations.

 

(This page is
the signature page of the agreement, no text)

 

 

 

Party A (seal).

 

Legal representative
(signature).

 

Party B (signature).

 

Party C (seal).

 

Legal representative
(signature).

 

 

8

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