FIRST SUPPLEMENTAL INDENTURE
FIRST SUPPLEMENTAL INDENTURE (this First Supplemental Indenture), dated as of February 5, 2013, among Hillman Group GP1, LLC, (GP1) and Hillman Group GP2, LLC, (GP2 and, together with GP1, the Guaranteeing Subsidiaries), each a Delaware limited liability company and an indirect wholly-owned subsidiary of The Hillman Group, Inc. (or its permitted successor), a Delaware corporation (the Company), the Company, the other Guarantors (as defined in the Indenture referred to herein) and Wells Fargo Bank, National Association, as trustee under the Indenture referred to below (the Trustee).
W I T N E S S E T H
WHEREAS, the Company, the other Guarantors and the Trustee have heretofore entered into a temporary notes indenture (the Indenture), dated as of December 21, 2012, providing for the issuance of 10.875% Senior Notes due 2018 (the Notes);
WHEREAS, after the date of the Indenture, the Guaranteeing Subsidiaries were formed under the laws of the state of Delaware;
WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiaries shall unconditionally guarantee all of the Companys Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the Note Guarantee);
WHEREAS, pursuant to Section 4.17 of the Indenture, the Guaranteeing Subsidiaries, as new Domestic Subsidiaries, are required to enter into this First Supplemental Indenture as Guarantors; and
WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this First Supplemental Indenture.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Guaranteeing Subsidiaries, the other Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
1. CAPITALIZED TERMS. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
2. AGREEMENT TO GUARANTEE. The Guaranteeing Subsidiaries hereby agree to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.
3. NO RECOURSE AGAINST OTHERS. No director, officer, employee, incorporator or stockholder of the Company, the Guaranteeing Subsidiaries or the other Guarantors, as such, will have any liability for any obligations of the Company, the Guaranteeing Subsidiaries or the other Guarantors under the Notes, the Indenture, this First Supplemental Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by
accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.
4. NEW YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS FIRST SUPPLEMENTAL INDENTURE 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.
5. COUNTERPARTS. The parties may sign any number of copies of this First Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement.
6. EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof.
7. THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiaries, the Company and the other Guarantors.
IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be duly executed, all as of the date first above written.
|HILLMAN GROUP GP1, LLC|
|HILLMAN GROUP GP2, LLC|
|THE HILLMAN GROUP, INC.|
|THE HILLMAN COMPANIES, INC.|
|HILLMAN INVESTMENT COMPANY|
ALL POINTS INDUSTRIES, INC.
SUNSUB C INC.
|Name:||Anthony A. Vasconcellos|
|Title:||Chief Financial Officer and Treasurer|
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
|Name:||Raymond Delli Colli|
[First Supplemental Indenture]