FIFTH SUPPLEMENTAL INDENTURE dated as of October 30, 2009 to the INDENTURE dated as of May 28, 2003 among CASCADES INC., as the Company, THE SUBSIDIARY GUARANTORS named therein, and THE BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK, as Trustee, as amended
EXHIBIT 4.20
EXECUTION VERSION
FIFTH SUPPLEMENTAL INDENTURE
dated as of October 30, 2009
to the
INDENTURE
dated as of May 28, 2003
among
as the Company,
THE SUBSIDIARY GUARANTORS named therein, and
THE BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK,
as Trustee,
as amended
FIFTH SUPPLEMENTAL INDENTURE (this “Fifth Supplemental Indenture”), dated as of October 30,
2009, among CASCADES INC. (the “Company”), Norampac Export Sales Corp., 7251637 Canada Inc. and
Cascades Tenderco Inc. (collectively, the “New Subsidiary Guarantors”), the existing SUBSIDIARY
GUARANTORS under the Indenture referred to below (the “Existing Subsidiary Guarantors”), and THE
BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK, a New York trust company, as trustee under the
Indenture referred to below (the “Trustee”).
WITNESSETH:
WHEREAS, Norampac Inc., a Canadian corporation, as predecessor issuer, heretofore executed and
delivered to the Trustee an indenture, dated as of May 28, 2003, as amended by the First
Supplemental Indenture, dated as of July 30, 2004, the Second Supplemental Indenture, dated as of
December 28, 2006, the Third Supplemental Indenture, dated as of December 28, 2006 and the Fourth
Supplemental Indenture, dated as of August 30, 2007 (as so amended, the “Indenture”), providing for
the issuance of the Company’s 63/4% Senior Notes due 2013 (the “Notes”);
WHEREAS, on December 28, 2006, pursuant to Section 5.01 of the Indenture, Norampac assigned
and transferred all of its assets to Cascades and Cascades assumed all of Norampac’s liabilities,
including the Notes issued pursuant to the Indenture;
WHEREAS, the Company has issued and outstanding $250,000,000 of Notes under the Indenture;
WHEREAS, Section 4.19 of the Indenture provides that the Company shall cause each person that
becomes its Canadian or U.S. Restricted Subsidiary to execute and deliver to the Trustee a
Subsidiary Guarantee at the time such person becomes a Canadian or U.S. Restricted Subsidiary;
WHEREAS, each of the New Subsidiary Guarantors is a Canadian or U.S. Restricted Subsidiary of
the Company;
WHEREAS, Section 9.01 of the Indenture provides that the Company and the Trustee may amend or
supplement the Indenture without the consent of any holder of a Note to add additional Subsidiary
Guarantees with respect to the Notes as provided or permitted under the Indenture; and
WHEREAS, pursuant to Sections 4.19, 9.01, 9.06 and 10.03 of the Indenture, the Trustee, the
Company, the Existing Subsidiary Guarantors and the New Subsidiary Guarantors are authorized to
execute and deliver this 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 Existing Subsidiary
Guarantors, the New Subsidiary Guarantors, and the Trustee mutually covenant and agree for the
equal and ratable benefit of the Holders of the Notes as follows:
2
1. Definitions. (a) Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.
(b) For all purposes of this Fifth Supplemental Indenture, except as otherwise herein
expressly provided or unless the context otherwise requires: (i) the terms and expressions used
herein shall have the same meanings as corresponding terms and expressions used in the Indenture;
and (ii) the words “herein,” “hereof” and “hereby” and other words of similar import used in this
Fifth Supplemental Indenture refer to this Fifth Supplemental Indenture as a whole and not to any
particular section hereof.
2. Agreement to Guarantee. The New Subsidiary Guarantors hereby agree, jointly and
severally with the Existing Subsidiary Guarantors, to guarantee the Company’s obligations under the
Notes on the terms and subject to the conditions set forth in Article 10 of the Indenture and to be
bound by all other applicable provisions of the Indenture. From and after the date hereof, the New
Subsidiary Guarantors shall be Subsidiary Guarantors for all purposes under the Indenture and the
Notes.
3. Ratification of Indenture; Fifth Supplemental Indenture 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. This Fifth
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.
4. Miscellaneous.
4.1 Governing Law. THIS FIFTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK BUT 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.
4.2 Trustee Makes No Representation. The Trustee makes no representation as to the
validity or sufficiency of this Fifth Supplemental Indenture, or for or in respect of the recitals
contained herein.
4.3 Counterparts. The parties may sign any number of copies of this Fifth
Supplemental Indenture. Each signed copy shall be an original, but all of them together represent
the same agreement.
4.4 Effect of Headings. The Article and Section headings herein are for convenience
only and shall not affect the construction thereof.
4.5 Conflict with TIA. If any provision of this Fifth Supplemental Indenture limits,
qualifies or conflicts with any provision of the TIA, that is required under the TIA to be part of
and govern any provision of this Fifth Supplemental Indenture, the provision of the TIA shall
control. If any provision of this Fifth Supplemental Indenture modifies or excludes any provision
of the TIA that may be so modified or excluded, the provisions of the TIA shall be
3
deemed to apply to the Indenture as so modified or to be excluded by this Fifth Supplemental
Indenture, as the case may be.
4.6 Severability. In case any provision of this Fifth Supplemental Indenture shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired thereby.
4.7 No Third Party Beneficiaries. Nothing in this Fifth Supplemental Indenture, the
Indenture, or the Notes, express or implied, shall give to any Person, other than the parties
hereto and thereto and their successors hereunder and thereunder, and the Holders of the Notes, any
benefit of any legal or equitable right, remedy or claim under the Indenture, this Fifth
Supplemental Indenture or the Notes.
[remainder of page left intentionally blank]
4
EXECUTION VERSION
IN WITNESS WHEREOF, the parties hereto have caused this Fifth Supplemental Indenture to be
duly executed as of the date first above written.
| Company: CASCADES INC. |
||||
| By: | /s/ Xxxxxx X. Xxxx | |||
| Name: | Xxxxxx X. Xxxx | |||
| Title: | Vice President, Legal Affairs and Corporate Secretary |
|||
| New Subsidiary Guarantors: NORAMPAC EXPORT SALES CORP. 7251637 CANADA INC. CASCADES TENDERCO INC. |
||||
| By: | /s/ Xxxxxx X. Xxxx | |||
| Name: | Xxxxxx X. Xxxx | |||
| Title: | Secretary or Assistant Secretary | |||
| Existing Subsidiary Guarantors: CASCADES PAPERBOARD INTERNATIONAL, INC. CASCADES CANADA INC. CASCADES FINE PAPERS GROUP INC. CASCADES TRANSPORT INC. CONFERENCE CUP LTD. DOPACO, INC. DOPACO CANADA, INC. XXXXXX INCORPORATED KINGSEY FALLS INVESTMENTS INC. RABOTAGE XXXXX INC. SCIERIE XXXXX INC. 6265642 CANADA INC. |
||||
| By: | /s/ Xxxxxx X. Xxxx | |||
| Name: | Xxxxxx X. Xxxx | |||
| Title: | Secretary or Assistant Secretary | |||
| CASCADES AUBURN FIBER INC. CASCADES DELAWARE LLC CASCADES SPG SALES INC. CASCADES FINE PAPERS GROUP (USA) INC. CASCADES MOULDED PULP, INC. CASCADES PLASTICS INC. CASCADES TISSUE GROUP — ARIZONA INC. CASCADES TISSUE GROUP — IFC DISPOSABLES INC. CASCADES TISSUE GROUP — NEW YORK INC. CASCADES TISSUE GROUP — NORTH CAROLINA INC. CASCADES TISSUE GROUP — OREGON INC. CASCADES TISSUE GROUP — PENNSYLVANIA INC. CASCADES TISSUE GROUP — SALES INC. CASCADES TISSUE GROUP — TENNESSEE INC. CASCADES TISSUE GROUP — WISCONSIN INC. CASCADES TISSUE GROUP — MARYLAND LLC CASCADES USA INC. X.X. XXXXX PAPER CORPORATION CASCADES ENERGY INITIATIVE INC. CASCADES BOXBOARD U.S., INC. CASCADES BOXBOARD GROUP — CONNECTICUT LLC CASCADES ENVIROPAC HPM LLC |
||||
| By: | /s/ Xxxxxx Xxxx | |||
| Name: | Xxxxxx Xxxx | |||
| Title: | Assistant Secretary | |||
| DOPACO LIMITED PARTNERSHIP By: Dopaco Pacific LLC Its General Partner |
||||
| By: | /s/ Xxxxxxx Xxxxxx | |||
| Name: | Xxxxxxx Xxxxxx | |||
| Title: | Secretary | |||
| DOPACO PACIFIC LLC |
||||
| By: | /s/ Xxxxxxx Xxxxxx | |||
| Name: | Xxxxxxx Xxxxxx | |||
| Title: | Secretary | |||
| NORAMPAC DELAWARE LLC NORAMPAC XXXXXXXX INC. NORAMPAC FINANCE US INC. NORAMPAC HOLDING US INC. NORAMPAC LEOMINSTER INC. NORAMPAC NEW YORK CITY INC. NORAMPAC SCHENECTADY INC. NORAMPAC INDUSTRIES INC. |
||||
| By: | /s/ Lucie-Xxxxxx Xxxxxxx | |||
| Name: | Lucie-Xxxxxx Xxxxxxx | |||
| Title: | Secretary, Assistant Secretary or Assistant Clerk |
|||
| Trustee: THE BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK |
||||
| By: | /s/ Xxxxxx X. Xxxxxxx | |||
| Name: | Xxxxxx X. Xxxxxxx | |||
| Title: | Vice President | |||
