THIRD SUPPLEMENTAL INDENTURE

Exhibit 4.3

THIRD SUPPLEMENTAL INDENTURE

THIRD SUPPLEMENTAL INDENTURE (this “Third Supplemental Indenture”), dated as of September 15, 2006, among FTI International Risk, LLC, a Maryland limited liability company (“FTI International Risk”), a newly formed subsidiary of FTI Consulting, Inc. (or its permitted successor), a Maryland corporation (the “Company”), International Risk Limited, a Delaware corporation (“International Risk Limited” and, together with FTI International Risk, the “Guaranteeing Subsidiaries”), a newly acquired subsidiary of the Company, the Company, the other Guarantors (as defined in the Indenture referred to herein) and Wilmington Trust Company, as trustee under the Indenture referred to below (the “Trustee”).

W I T N E S S E T H

WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture dated as of August 2, 2005 (as supplemented by the First Supplemental Indenture dated as of December 16, 2005 and the Second Supplemental Indenture dated as of February 22, 2006, the “Indenture”), providing for the issuance of 3 ³/4% Convertible Senior Subordinated Notes due July 15, 2012 (the “Notes”);

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 each unconditionally guarantee all of the Company’s Obligations under the Notes and the Indenture on the terms and conditions set forth herein (such guarantee, the “Note Guarantee”); and

WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Third Supplemental Indenture.

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiaries 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 each 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 Article 11 thereof.

3. NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiaries, as such, shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture or this Third Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the 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. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.

4. NEW YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS THIRD 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 Third 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 Third Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by each of the Guaranteeing Subsidiaries and the Company.

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

FTI INTERNATIONAL RISK, LLC
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		CFO and Treasurer
INTERNATIONAL RISK LIMITED
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		CFO and Treasurer
FTI CONSULTING, INC.
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Executive V.P. and CFO
FTI, LLC
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Manager and CFO
FTI REPOSITORY SERVICES, LLC
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Manager and CFO
LEXECON, LLC
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Manager and CFO
TECHNOLOGY & FINANCIAL CONSULTING, INC.
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Director and CFO
TEKLICON, INC.
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Director and CFO

SUPPLEMENTAL INDENTURE — CONVERTIBLE NOTES

FTI CAMBIO LLC
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Manager and CFO
FTI IP, LLC
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Manager and CFO
FTI COMPASS, LLC
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Manager and CFO
FTI INVESTIGATIONS, LLC
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		Manager and CFO
COMPETITION POLICY ASSOCIATES, INC.
By:		/s/    XXXXXXXX X. XXXXXX
Name:		Xxxxxxxx X. Xxxxxx
Title:		CFO and Treasurer
WILMINGTON TRUST COMPANY, as Trustee
By:		/s/    XXXXXXX X. XXXXX, XX.
Name:		Xxxxxxx X. Xxxxx, Xx.
Title:		Senior Financial Services Officer

SUPPLEMENTAL INDENTURE — CONVERTIBLE NOTES