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EXHIBIT 4.5
AMENDMENT NO. 1 TO
RIGHTS AGREEMENT
This Amendment No. 1 (this "Amendment") to the Rights Agreement dated
as of this 26th day of February, 2001, by and among X.X. Xxxxxxxxx Corporation,
a Delaware corporation ("RHD"), First Chicago Trust Company of New York, as
Rights Agent (the "Initial Agent"), and The Bank of New York, as successor
Rights Agent (the "Successor Agent").
RECITALS
WHEREAS, RHD and the Initial Agent entered into that certain Rights
Agreement dated October 27, 1998 (the "Rights Agreement");
WHEREAS, RHD has notified the Initial Agent in writing that it no
longer will contract with the Initial Agent for transfer agent services
effective on or about February 26, 2001;
WHEREAS, RHD has notified the Initial Agent in writing that it has
elected to terminate the Initial Agent as Rights Agent under the Rights
Agreement effective as of February 26, 2001 (the "Effective Date"); and
WHEREAS, RHD has notified the Successor Agent (with a copy to the
Initial Agent) that it has been appointed as Successor Rights Agent under the
Rights Agreement and Successor Agent has accepted such appointment;
NOW, WHEREFORE, in consideration of the mutual covenants set forth
herein and other valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereby agree as follows:
1. As of the Effective Date, Initial Agent will be removed as Rights
Agent under the Rights Agreement and Successor Agent will be substituted as
successor Rights Agent. From and after the Effective Date, any and all
references in the Rights Agreement to (a) the Initial Agent shall be read to
refer to the Successor Agent and (b) to the Rights Agent shall refer to the
Successor Agent, as Rights Agent under the Rights Agreement.
2. As of the Effective Date, all rights, entitlements, obligations,
duties, and liabilities of the Rights Agent under the Rights Agreement shall be
assumed by Successor Agent and Initial Agent shall have no such rights,
entitlements, obligations, duties, and liabilities of the Rights Agent
thereafter.
3. Except with respect to their respective rights to enforce the
obligations set forth herein, RHD and Initial Agent hereby permanently and
forever discharge and release each other, their affiliates, successors and
assigns with respect to any and all liabilities, claims, debts, damages and
rights of action that they ever may have had, have, or ever will have against
the other, whether currently known or unknown, whether or not currently accrued,
in connection with the Rights Agreement or Initial Agent's service as Rights
Agent thereunder.
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4. Section 20(c) of the Agreement is hereby amended by adding at the end
of the first sentence the following: "; provided, however, that the Rights Agent
shall not be liable for indirect, special, consequential or punitive damages."
5. Section 32 of the Agreement is hereby amended by adding the
following two sentences at the end of that Section. "The parties agree that all
actions and proceedings arising out of this Agreement or any of the transactions
contemplated hereby, shall be brought in the United States District Court for
the Southern District of New York or in a New York State Court in the County of
New York and that, in connection with any such action or proceeding, submit to
the jurisdiction of, and venue in, such court. Each of the parties hereto also
irrevocably waive all right to trial by jury in any action proceeding or
counterclaim arising out of this agreement or the transactions contemplated
hereby."
6. Except as amended hereby, the Rights Agreement shall remain in full
force and effect and is hereby ratified and confirmed in all respects.
7. This Amendment and the performance of the parties hereunder shall be
interpreted, construed, and enforced in accordance with the laws of the State of
New York.
8. This Amendment may be executed in multiple counterparts. Each such
counterpart shall be an original and all together shall constitute but one and
the same Amendment.
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IN WITNESS WHEREOF, the parties have executed this Amendment No. 1 to
the Rights Agreement on the date set forth herein.
X.X. XXXXXXXXX CORPORATION
By: /s/ Xxxxxx X. Xxxx
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Name: Xxxxxx X. Xxxx
Title: Vice President and General Counsel
FIRST CHICAGO TRUST COMPANY OF NEW YORK
By: /s/ Xxxxxxxxxxx Xxxxxxx
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Name: Xxxxxxxxxxx Xxxxxxx
Title: Senior Account Officer
THE BANK OF NEW YORK
By: /s/ Xxxxxxxxx Xxxxx
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Name: Xxxxxxxxx Xxxxx
Title: Assistant Vice President
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