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EXHIBIT 4.6
SECOND AMENDMENT
TO
REGISTRATION RIGHTS AGREEMENT
THIS AMENDMENT, dated as of February __, 2001 (this "Amendment"), to
REGISTRATION RIGHTS AGREEMENT, dated as of September 21, 1998, as amended by
amendment dated January 5, 1999 (as amended, the "Registration Rights
Agreement"), among (i) Central Parking Corporation, a Tennessee corporation (the
"Company"), (ii) Apollo Real Estate Investment Fund II, L.P., a Delaware limited
partnership (together with its Affiliates, "Apollo"), (iii) AEW Partners, L.P.,
a Delaware limited partnership (together with its Affiliates, "AEW"), and (iv)
Monroe J. Carell, Jr., The Monroe Carell, Jr. Foundation, Monroe Carell, Jr.
1995 Grantor Retained Annuity Trust, Monroe Carell, Jr. 1994 Grantor Retained
Annuity Trust, The Carell Children's Trust, The 1996 Carell Grandchildren's
Trust, The Carell Family Grandchildren 1990 Trust, The Xxxxxxx Carell Xxxxx
Foundation, The Xxxxx Carell Xxxxxxx Foundation, The Xxxxx Carell Xxxxxxx
Foundation, 1997 Carell Xxxxxxxxx Xxxxx Trust, 1997 Xxx Xxxxx Xxxxxxx Trust,
1997 Xxxxx Xxxxxx Xxxxxxx Trust, 1997 Xxxxxxx Carell Xxxxxxx Trust, 1997 Xxxxx
Xxxxxxxx Xxxxx Trust and 1997 Xxxxxx Xxxxxx Xxxxxxx Trust (together with their
respective Affiliates other than the Company, the "Carell Holders"). Capitalized
terms used herein without definition have the terms ascribed to them in the
Registration Rights Agreement.
WITNESSETH
WHEREAS, the parties to the Registration Rights Agreement have determined to
further amend it in certain respects, all such parties representing that they
have obtained all necessary approvals to do so;
NOW, THEREFORE, in consideration of the covenants and agreements of the
Company, Central Sub and Holdings contained in the Merger Agreement and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:
1. The Registration Rights Agreement is further amended in the
following respects:
(A) Section 3(b)(i) is hereby amended by adding the
following paragraph immediately following the first
paragraph:
"In the event the Carell Holders elect not to include their
Registrable Securities under the Shelf at the Initial Filing Date, the
Carell Holders may request at any time after the Initial Filing Date
that the Company file a new shelf registration statement on Form S-3
(the "Second Shelf") for an offering to be made on a delayed or
continuous basis pursuant to Rule 415 under the Securities Act (or any
similar rule that may be adopted by the SEC) and permitting sales in
ordinary course brokerage or dealer transactions not involving an
Underwritten Offering. Upon receipt of such a request, the Company
shall use its reasonable best efforts to promptly process, file and
cause to become effective the Second Shelf. Notice of this request will
also be simultaneously provided to the Allright Holders. The Second
Shelf shall give the Carell Holders the right to resell their
Registrable Securities which could have been included in the Shelf, but
were not included, on the
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Initial Filing Date. In the event the Carell Holders make such a
request, the aggregate Market Value shall be determined as of the
Initial Filing Date. All of the other provisions of this Agreement also
shall be applicable to the Second Shelf, including, the provisions of
Section 3(b) which place limitations on the right of the Carell Holders
to resell Registrable Securities under certain circumstances. The
Company further agrees that if it takes any action under Sections 4,
6(a) or 7(m) with respect to the Shelf, it also will take such action
with respect to the Second Shelf."
(B) Section 3(b)(v) is hereby amended by changing the
defined term "Second Shelf" to "Third Shelf" and all
uses of the defined term Second Shelf shall be
changed to the defined term Third Shelf.
2. This Amendment may be executed in any number of counterparts
and by the parties hereto in separate counterparts, each of which when so
executed shall be deemed to be an original and all of which taken together shall
constitute one and the same agreement.
3. This Amendment shall be governed by and construed in
accordance with the laws of the State of Delaware applicable to contracts made
and to be performed wholly within that State.
4. Except to the extent specifically modified in this Amendment,
all of the terms and provisions of the Registration Rights Agreement, and the
parties' respective rights thereunder, shall remain in full force and effect and
shall be deemed to apply to this Amendment.
5. Two of the original parties named as Carell Holders in the
Registration Rights Agreement no longer exist, but the Registrable Shares held
by such original parties have been transferred to three new Carell Holders who
are now named below as parties to this Amendment.
[Remainder of page intentionally left blank.]
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IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first written above.
CENTRAL PARKING CORPORATION
By: /s/ Monroe J. Carell, Jr.
---------------------------------------
Name: Monroe J. Carell, Jr.
Title: Chief Executive Officer and
Chairman of the Board
MONROE J. CARELL, JR.
/s/ Monroe J. Carell, Jr.
------------------------------------------------
THE CARELL CHILDREN'S TRUST
By: Equitable Trust Company, Successor Trustee
U/A Monroe Carell, Jr. dated 10/30/87
By: /s/ M. Xxxx Xxxxxx, Xx.
---------------------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
THE 1996 CARELL GRANDCHILDREN'S
TRUST F/B/O XXXXX XXXXXX XXXXXXX
By: /s/ L. Xxxxx Xxxxxx
----------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
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By: /s/ Xxxxxxx Carell Xxxxx
-------------------------------------------
Name: Xxxxxxx Carell Xxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Stadlcr
-------------------------------------------
Name: Xxxxx Carell Stadlcr
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
THE 1996 CARELL GRANDCHILDREN'S
TRUST F/B/O CARELL XXXXXXXXX XXXXX
By: /s/ L. Xxxxx Xxxxxx
-------------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxxxx Carell Xxxxx
-------------------------------------------
Name: Xxxxxxx Carell Xxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
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THE 1996 CARELL GRANDCHILDREN'S
TRUST F/B/O XXXXX XXXXXXXX XXXXX
By: /s/ L. Xxxxx Xxxxxx
-------------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxxxx Carell Xxxxx
-------------------------------------------
Name: Xxxxxxx Carell Xxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
THE 1996 CARELL GRANDCHILDREN'S
TRUST F/B/O XXXXXXX CARELL XXXXXXX
By: /s/ L. Xxxxx Xxxxxx
-------------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxxxx Carell Xxxxx
-------------------------------------------
Name: Xxxxxxx Carell Xxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
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By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
THE 1996 CARELL GRANDCHILDREN'S
TRUST F/B/O XXXXXX XXXXXX XXXXXXX
By: /s/ L. Xxxxx Xxxxxx
-------------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxxxx Carell Xxxxx
-------------------------------------------
Name: Xxxxxxx Carell Xxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe Carell, Jr. dated
2/20/96
By: /s/ Xxxxx Carell Xxxxxxx
-------------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Co-Trustee U/A Monroe CareIl, Jr. dated
2/20/96
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THE CARELL FAMILY GRANDCHILDREN
1990 TRUST F/B/O XXXXX XXXXXX XXXXXXX
By: Equitable Trust Company, Successor
Trustee U/A Monroe Carell, Jr. dated
12/26/90
By: /s/ M. Xxxx Xxxxxx, Xx.
--------------------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
THE CARELL FAMILY GRANDCHILDREN
1990 TRUST F/B/O XXXXXX XXXXXX XXXXXXX
By: Equitable Trust Company, Successor Trustee
U/A Monroe Carell, Jr. dated 12/26/90
By: /s/ M. Xxxx Xxxxxx, Xx.
--------------------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
THE CARELL FAMILY GRANDCHILDREN
1990 TRUST F/B/O CARELL XXXXXXXXX XXXXX
By: Equitable Trust Company, Successor
Trustee U/A Monroe CareIl, Jr. dated
12/26/90
By: /s/ M. Xxxx Xxxxxx, Xx.
--------------------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
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THE CARELL FAMILY GRANDCHILDREN
1990 TRUST F/B/O XXXXX XXXXXXXX XXXXX
By: Equitable Trust Company, Successor Trustee
U/A Monroe Carell, Jr. dated 12/26/90
By: /s/ M. Xxxx Xxxxxx, Xx.
-----------------------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
THE CARELL FAMILY GRANDCHILDREN
1990 TRUST F/B/O XXXXXXX CARELL XXXXXXX
By: Equitable Trust Company, Successor
Trustee U/A Monroe CareIl, Jr. dated 12/26/90
By: /s/ M. Xxxx Xxxxxx, Xx.
-----------------------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
THE CARELL FAMILY GRANDCHILDREN
1990 TRUST F/B/O XXX XXXXX XXXXXXX
By: Equitable Trust Company, Successor
Trustee U/A Monroe CareIl, Jr. dated
12/26/90
By: /s/ M. Xxxx Xxxxxx, Xx.
-----------------------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
THE MONROE CARELL, JR. FOUNDATION
By: /s/ Monroe J. Carell, Jr.
--------------------------------------------
Name: Xxxxxx X. XxxxXx, Xx.
Title: President
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THE XXXXXXX CARELL XXXXX
FOUNDATION
By: /s/ Xxxxxxx Carell Xxxxx
------------------------------------
Name: Xxxxxxx Carell Xxxxx
Title: Chairman, Board of Trustees
THE XXXXX CARELL XXXXXXX FOUNDATION
By: /s/ Xxxxx Carell Xxxxxxx
------------------------------------
Name: Xxxxx XxxxXx Xxxxxxx
Title: Chairman, Board of Trustees
THE XXXXX CARELL XXXXXXX FOUNDATION
By: /s/ Xxxxx Carell Xxxxxxx
------------------------------------
Name: Xxxxx Carell Xxxxxxx
Title: Chairman, Board of Trustees
1999 XXXXXXX CARELL XXXXX FAMILY
TRUST
By: Equitable Trust Company, Trustee U/A
Monroe CareIl, Jr. dated __/99
By: /s/ M. Xxxx Xxxxxx, Xx.
----------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
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1999 XXXXX CARELL XXXXXXX FAMILY
TRUST
By: Equitable Trust Company, Trustee U/A
Monroe CareIl, Jr. dated __/99
By: /s/ M. Xxxx Xxxxxx, Xx.
----------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
1999 XXXXX CARELL XXXXXXX FAMILY TRUST
By: Equitable Trust Company, Trustee U/A
Monroe CareIl, Jr. dated __/99
By: /s/ M. Xxxx Xxxxxx, Xx.
----------------------------
Name: M. Xxxx Xxxxxx, Xx.
Title: Executive Vice President
1997 CARELL XXXXXXXXX XXXXX TRUST
By: /s/ L. Xxxxx Xxxxxx
------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Trustee U/A Xxxxxxx Carell Xxxxx and
Xxxxx X. Xxxxx dated 12/23/97
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1997 XXXXX XXXXXXXX XXXXX TRUST
By: /s/ L. Xxxxx Xxxxxx
------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Trustee U/A Xxxxxxx Carell Xxxxx and
Xxxxx X. Xxxxx dated 12/23/97
1997 XXXXXXX CARELL XXXXXXX TRUST
By: /s/ L. Xxxxx Xxxxxx
------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Trustee U/A Xxxxx Carell Xxxxxxx and
Xxxxx X. Xxxxxxx dated 12/23/97
1997 XXX XXXXX XXXXXXX TRUST
By: /s/ L. Xxxxx Xxxxxx
------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Trustee U/A Xxxxx Carell Xxxxxxx and
Xxxxx X. Xxxxxxx dated 12/23/97
0000 XXXXXX XXXXXX XXXXXXX TRUST
By: /s/ L. Xxxxx Xxxxxx
------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Trustee U/A Xxxxx Carell Xxxxxxx and
Xxxxxx X. Xxxxxxx dated 12/23/97
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1997 XXXXX XXXXXX XXXXXXX TRUST
By: /s/ L. Xxxxx Xxxxxx
---------------------------------------------
Name: L. Xxxxx Xxxxxx
Title: Trustee U/A Xxxxx Carell Xxxxxxx and
Xxxxxx X. Xxxxxxx dated 12/23/97
APOLLO REAL ESTATE INVESTMENT FUND II, L.P.
By: Apollo Real Estate Advisors II, L.P.,
its general partner
By: Apollo Real Estate Capital Advisors II, Inc.,
its general partner
By: /s/ Xxxxxxxx X. Xxxxxxxx
-------------------------------------
Name: Xxxxxxx X. Xxxxxxxx
Title: Vice President
AEW PARTNERS, L.P.
By: AEW/L.P., its general partner By: AEW, Inc.,
its general partner
By: /s/ Xxxx Xxxxxxxx
-------------------------------------
Name: Xxxx Xxxxxxxx
Title: Vice President
