EXHIBIT 4.4
AMENDMENT NO. 3
TO
REGISTRATION RIGHTS AGREEMENT
Amendment No. 3 to Registration Rights Agreement (this "Amendment"), dated
September 5, 2003, by and between Xxxxxx X. XxXxxx Testamentary Trust (the
"Trust") and The St. Xxx Company, a Florida corporation (the "Company").
1. Introduction. The Trust and the Company have entered into a
Registration Rights Agreement, dated as of December 16, 1997, Amendment No. 1
thereto, dated as of January 26, 1998, and an Amendment Xx. 0 xxxxxxx, xxxxx Xxx
00, 0000 (xx amended, the "Registration Rights Agreement"), which governs, among
other things, certain terms and conditions of the sale of Shares of the
Company's Common Stock Beneficially Owned by the Trust, from time to time, in
registered public offerings. The Company has filed a Registration Statement on
Form S-3 (No. 333-108292) with the Securities and Exchange Commission on August
28, 2003 (the "Registration Statement") with respect to the sale by the Trust,
from time to time, of certain Shares of the Company's Common Stock Beneficially
Owned by the Trust. In connection with such sales, the Trust and the Company
believe that it is in their best interests to effect certain amendments to the
Registration Rights Agreement, as prescribed below.
2. Definitions. Capitalized terms used but not otherwise defined herein
shall have the respective meanings ascribed to them in the Registration Rights
Agreement.
3. Provisions Applicable to the Registration Statement. The Company shall
have all obligations applicable to a Demand Registration with respect to the
Registration Statement; provided, however, that in the event the Trust sells
Shares of Common Stock Beneficially Owned by the Trust and covered by the
Registration Statement, the Registration Statement (including all amendments
thereto and all supplemental prospectuses included therein) shall count as one
Demand Registration of the Trust and, with respect to any sale of such Shares
covered by the Registration Statement requiring a prospectus supplement after
the initial sale of shares covered by the Registration Statement (and the
exercise of any over-allotment option with respect thereto), the Trust shall
reimburse the Company for any incremental out-of-pocket expenses incurred by the
Company in connection with such sale, including, without limitation, all
printing expenses with respect to such sale.
4. Effectiveness of this Amendment. This Amendment shall become effective
upon its execution by the Company and the Trust.
5. Agreement in Full Force and Effect. Except as amended by the terms of
this amendment, the Registration Rights Agreement shall remain in full force and
effect in accordance with its terms.
6. Counterparts. This Amendment may be executed simultaneously in any
number of counterparts, each of which shall be deemed an original, but all of
such counterparts shall together constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed
and delivered by the respective officers thereunto duly authorized as of the
date first written above.
XXXXXX X. XXXXXX TESTAMENTARY
TRUST
By: ______________________________
X. X. Xxxxxxxx, Trustee
THE ST. XXX COMPANY
By: ______________________________
Xxxxx X. Xxxxxxx
Chairman and CEO
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