AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT
Exhibit 4.9
EXECUTION VERSION
AMENDMENT TO
SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT
This AMENDMENT TO THE SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT (this
“Amendment”), dated as of October 29, 2009, by and among AEI, a Cayman Islands exempted
company (the “Company”), and the shareholders of the Company listed on Appendix A
hereto (together with any other person (other than the Company) who agrees to be bound by the terms
of this Amendment and the Shareholders Agreement (as defined below) as permitted therein, the
“Shareholders”). Capitalized terms, unless otherwise defined, are used herein as defined
in the Shareholders Agreement.
RECITALS
WHEREAS, on May 9, 2008, the Company and the Shareholders entered into the Second Amended and
Restated Shareholders Agreement (as amended, supplemented or otherwise modified from time to time
prior to the date hereof, the “Shareholders Agreement”); and
WHEREAS, the Company and certain of its Shareholders (which, in accordance with Section 8.9 of
the Shareholders Agreement hold Shares representing not less than 80% of the outstanding Shares
held by Shareholders party to the Shareholders Agreement) desire to amend the Shareholders
Agreement as hereinafter provided.
NOW, THEREFORE, the parties hereto agree as follows:
Section 1.1 Amendment. The Shareholders Agreement is hereby amended as follows:
The definition of “Qualified Public Offering” set forth in Section 1.1 of the Shareholders
Agreement is hereby deleted in its entirety and replaced with the following:
““Qualified Public Offering” means an offering, involving not less than
$200 million of gross proceeds (to the Company and/or its shareholders), upon the
completion of which the Shares will be listed on a Specified Exchange.”
Section 1.2 Effective Date. This Amendment shall be effective when executed by or on
behalf of AEI and Shareholders holding Shares representing not less than 80% of the outstanding
Shares held by Shareholders party to the Shareholders Agreement (the “Effective Date”).
Section 1.3 Limitation of Liability. The Company and each of the Shareholders hereby
acknowledges that Northern Trust (Guernsey) Limited is executing this Amendment in its capacity as
custodian to Xxxxxxx Global Special Situations Fund 2 Limited Partnership, Xxxxxxx Global Special
Situations Fund 3 Limited Partnership, Xxxxxxx Global Special Situations Fund 4 Limited
Partnership, Xxxxxxx Global Special Situations Fund 5 Limited Partnership, Xxxxxxx Global
Opportunities Limited, Asset Holder PCC Limited re Xxxxxxx Emerging Markets Liquid Investment
Portfolio, Xxxxxxx Emerging Markets Global Investment Portfolio Limited, Xxxxxxx Growing Multi
Strategy Fund Limited and Xxxxxxx Emerging Markets Debt and Currency Fund. The Company and each
Shareholder further agree that any representations, warranties and covenants contemplated by this
Amendment are made by each Shareholder severally and that all liabilities contemplated by this
Amendment are limited to the extent that each Shareholder’s assets can meet such liabilities and
indemnities.
Section 1.4 Governing Law; Submission to Jurisdiction. THIS AMENDMENT SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD FOR
THE CONFLICTS OF LAWS PRINCIPLES THEREOF, EXCEPT TO THE EXTENT THAT THE LAWS OF THE CAYMAN ISLANDS
ARE MANDATORY. THE PARTIES HEREBY SUBMIT TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE
OF NEW YORK AND THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK IN ANY
ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AMENDMENT. THE PARTIES HEREBY WAIVE ANY
OBJECTION THEY MAY HAVE TO VENUE TO ANY SUCH ACTION OR PROCEEDING AND TO THE DEFENSE OF AN
INCONVENIENT FORUM WITH RESPECT THERETO. EACH PARTY HERETO CONSENTS TO SERVICE OF PROCESS IN THE
MANNER PROVIDED FOR NOTICES IN THE SHAREHOLDERS AGREEMENT.
Section 1.5 Counterparts. This Amendment may be executed in two or more counterparts,
all of which shall be considered one and the same Amendment, and shall become effective when two or
more counterparts have been signed by each of the parties hereto and delivered (including by
facsimile) to the other parties or party.
Section 1.6 Shareholders Agreement Remains in Effect. Except as provided herein, all
provisions, terms and conditions of the Shareholders Agreement shall remain in full force and
effect. All references to the Shareholders Agreement shall be deemed to refer to the Shareholders
Agreement as amended hereby.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK — SIGNATURE PAGES TO FOLLOW]
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IN WITNESS WHEREOF, each of the undersigned, intending to be legally bound, has caused this
Amendment to be duly executed and delivered on the date first set forth above.
AEI |
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By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: | Chief Executive Officer |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX CAYMAN SPC NO. 3 LTD. ON BEHALF OF AND FOR THE ACCOUNT OF AEI SEGREGATED PORTFOLIO |
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By: | /s/ Xxxxx Xxxxx | |||
Name: | Xxxxx Xxxxx | |||
Title: | Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX GLOBAL SPECIAL SITUATIONS FUND 2 LIMITED | ||||||||
By: | Northern Trust (Guernsey) Limited | |||||||
Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX GLOBAL SPECIAL SITUATIONS FUND 3 LIMITED PARTNERSHIP | ||||||||
By: | Northern Trust (Guernsey) Limited |
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Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX GLOBAL SPECIAL SITUATIONS FUND 4 LIMITED PARTNERSHIP | ||||||||
By: | Northern Trust (Guernsey) Limited |
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Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX GLOBAL SPECIAL SITUATIONS FUND 5 LIMITED PARTNERSHIP | ||||||||
By: | Northern Trust (Guernsey) Limited |
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Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX SICAV EMERGING MARKETS DEBT FUND | ||||||||
By: | Northern Trust Global Services Limited, London (Royaume-Uni) Luxembourg Branch |
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Its: | Custodian for and on behalf of Xxxxxxx SICAV in respect of Xxxxxxx SICAV Emerging Markets Debts Fund | |||||||
By: | /s/ Xxx Xxxxxx | |||||||
Name: | Xxx Xxxxxx | |||||||
Title: | Vice President |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX GLOBAL OPPORTUNITIES LIMITED | ||||||||
By: | Northern Trust (Guernsey) Limited |
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Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
ASSET HOLDER PCC LIMITED in respect of XXXXXXX EMERGING MARKETS LIQUID INVESTMENT PORTFOLIO | ||||||||
By: | Northern Trust (Guernsey) Limited |
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Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
EMDCD LTD | ||||||||
By: | Northern Trust Company, London Branch |
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Its: | Custodian | |||||||
By: | /s/ Xxx Xxxxxx | |||||||
Name: | Xxx Xxxxxx | |||||||
Title: | Vice President |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
FCI LTD. |
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By: | /s/ Xxxxxx Xxxx | |||
Name: | Xxxxxx Xxxx | |||
Title: | Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX EMERGING MARKETS GLOBAL INVESTMENT PORTFOLIO LIMITED | ||||||||
By: | Northern Trust (Guernsey) Limited |
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Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX GROWING MULTI STRATEGY FUND LIMITED | ||||||||
By: | Northern Trust (Guernsey) Limited |
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Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX EMERGING MARKETS DEBT AND CURRENCY FUND | ||||||||
By: | Northern Trust (Guernsey) Limited | |||||||
Its: | Custodian | |||||||
By: | /s/ Xxxx Xxxxxxx | |||||||
Name: | Xxxx Xxxxxxx | |||||||
Title: | Authorised Signatory | |||||||
By: | /s/ Xxxxx Xxxxxxx | |||||||
Name: | Xxxxx Xxxxxxx | |||||||
Title: | Authorised Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
CVI GVF (LUX) MASTER S.A.R.L. |
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By: | /s/ Xxxxx Xxx | |||
Name: | Xxxxx Xxx | |||
Title: | Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
SHERBROOKE, LTD. |
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By: | /s/ Xxxxx Xxxxx | |||
Name: | Xxxxx Xxxxx | |||
Title: | Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
FINISTERRE SPECIAL SITUATIONS MASTER FUND |
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By: | /s/ Xxxxxx Biosse Xxxxxx | |||
Name: | Xxxxxx Biosse Xxxxxx | |||
Title: | Authorized Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
XXXXXXX, XXXXX & CO. |
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By: | /s/ Xxxxxxxx Xxxxxx | |||
Name: | Xxxxxxxx Xxxxxx | |||
Title: | Managing Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
ASHFIELD INVESTMENTS N.V. | ||||||||
By: | CMTC Management Services B.V. |
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Its: | Managing Director | |||||||
By: | /s/ U.A.G. Vinck | |||||||
Name: | U.A.G. Vinck | |||||||
Title: | Managing Director | |||||||
By: | /s/ X.X. xxx Xxxxxx | |||||||
Name: | X.X. xxx Xxxxxx | |||||||
Title: | Managing Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
MONTPELIER GLOBAL FUNDS LIMITED |
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By: | /s/ Xxxxxx Svejdar | |||
Name: | Xxxxxx Svejdar | |||
Title: | Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
OLD LANE HMA MASTER FUND, L.P. | ||||||||
By: | Old Lane Hedge Fund GP, LLC |
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Its: | General Partner | |||||||
By: | /s/ Xxxxxx XxXxxxxxx | |||||||
Name: | Xxxxxx XxXxxxxxx | |||||||
Title: | Managing Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
OLD LANE CAYMAN MASTER FUND, L.P. | ||||||||
By: | Old Lane Hedge Fund GP, LLC |
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Its: | General Partner | |||||||
By: | /s/ Xxxxxx XxXxxxxxx | |||||||
Name: | Xxxxxx XxXxxxxxx | |||||||
Title: | Managing Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
OLD LANE US MASTER FUND, L.P. | ||||||||
By: | Old Lane Hedge Fund GP, LLC |
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Its: | General Partner | |||||||
By: | /s/ Xxxxxx XxXxxxxxx | |||||||
Name: | Xxxxxx XxXxxxxxx | |||||||
Title: | Managing Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
VR GLOBAL PARTNERS, L.P. | ||||||||
By: | VR Advisory Services Ltd. |
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Its: | General Partner | |||||||
By: | /s/ Xxxxxxx Xxxxx | |||||||
Name: | Xxxxxxx Xxxxx | |||||||
Title: | Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
BUCKLAND INVESTMENT PTE LTD |
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By: | /s/ Xxxxxx Xxx | |||
Name: | Xxxxxx Xxx | |||
Title: | Authorized Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
CASTLERIGG XXXXXX INVESTMENTS LLC | ||||||||
By: | Xxxxxxx Asset Management Corp. |
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Its: | Manager | |||||||
By: | /s/ Xxxxxxx X. Xxxxx | |||||||
Name: | Xxxxxxx X. Xxxxx | |||||||
Title: | Senior Managing Director |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
BLACK RIVER EMERGING MARKETS CREDIT FUND LTD. |
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By: | /s/ Xxxxxx Xxxxxx | |||
Name: | Xxxxxx Xxxxxx | |||
Title: | Authorized Signatory |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
GPU ARGENTINA HOLDINGS, INC. |
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By: | /s/ Xxxxxxx Xxxxx Xxxxxxx | |||
Name: | Xxxxxxx Xxxxx Xxxxxxx | |||
Title: | Attorney in Fact |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
X.X. XXXXXX OVERSEAS CAPITAL CORPORATION |
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By: | /s/ Xxxxxxx X. Xxxx | |||
Name: | Xxxxxxx X. Xxxx | |||
Title: | Attorney-In-Fact |
SIGNATURE PAGE TO AMENDMENT TO SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT OF AEI
APPENDIX A
Xxxxxxx Cayman SPC No. 3 Ltd. on behalf of and for the account of AEI Segregated Portfolio
Xxxxxxx Global Special Situations Fund 2 Limited
Xxxxxxx Global Special Situations Fund 3 Limited Partnership
Xxxxxxx Global Special Situations Fund 4 Limited Partnership
Xxxxxxx Global Special Situations Fund 5 Limited Partnership
Xxxxxxx SICAV Emerging Markets Debt Fund
Xxxxxxx Global Opportunities Limited
Asset Holder PCC Limited in respect of Xxxxxxx Emerging Markets Liquid Investment Portfolio
EMDCD Ltd.
FCI Ltd.
Xxxxxxx Emerging Markets Global Investment Portfolio Limited
Xxxxxxx Growing Multi Strategy Fund Limited
Xxxxxxx Emerging Markets Debt and Currency Fund
CVI GVF (Lux) Master S.a.r.l.
Investment Partners (B), Ltd
Deutsche Bank AG, London Branch
Sherbrooke, Ltd.
Finisterre Special Situations Master Fund
Xxxxxxx, Xxxxx & Co.
Hillcrest Investments LP
Ashfield Investments N.V.
Montpelier Global Funds Limited
XX Xxxxx SP Investments, LTD
Old Lane HMA Master Fund, L.P.
Old Lane Cayman Master Fund, L.P.
Old Lane US Master Fund, L.P.
TRG Global Opportunity Master Fund, Ltd.
TRG Special Opportunity Master Fund, Ltd.
VR Global Partners, X.X.
Xxxxxxxx Investment Pte Ltd
Castlerigg XXXXXX Investments LLC
Black River Emerging Markets Credit Fund Ltd.
Ponderosa Assets, L.P.
LAIG
D.E. Shaw Laminar Portfolios, L.L.C.
D.E. Xxxx Laminar Emerging Markets, L.L.C.
GPU Argentina Holdings, Inc.
X.X. Xxxxxx Overseas Capital Corporation
Xxxxxxx Global Special Situations Fund 2 Limited
Xxxxxxx Global Special Situations Fund 3 Limited Partnership
Xxxxxxx Global Special Situations Fund 4 Limited Partnership
Xxxxxxx Global Special Situations Fund 5 Limited Partnership
Xxxxxxx SICAV Emerging Markets Debt Fund
Xxxxxxx Global Opportunities Limited
Asset Holder PCC Limited in respect of Xxxxxxx Emerging Markets Liquid Investment Portfolio
EMDCD Ltd.
FCI Ltd.
Xxxxxxx Emerging Markets Global Investment Portfolio Limited
Xxxxxxx Growing Multi Strategy Fund Limited
Xxxxxxx Emerging Markets Debt and Currency Fund
CVI GVF (Lux) Master S.a.r.l.
Investment Partners (B), Ltd
Deutsche Bank AG, London Branch
Sherbrooke, Ltd.
Finisterre Special Situations Master Fund
Xxxxxxx, Xxxxx & Co.
Hillcrest Investments LP
Ashfield Investments N.V.
Montpelier Global Funds Limited
XX Xxxxx SP Investments, LTD
Old Lane HMA Master Fund, L.P.
Old Lane Cayman Master Fund, L.P.
Old Lane US Master Fund, L.P.
TRG Global Opportunity Master Fund, Ltd.
TRG Special Opportunity Master Fund, Ltd.
VR Global Partners, X.X.
Xxxxxxxx Investment Pte Ltd
Castlerigg XXXXXX Investments LLC
Black River Emerging Markets Credit Fund Ltd.
Ponderosa Assets, L.P.
LAIG
D.E. Shaw Laminar Portfolios, L.L.C.
D.E. Xxxx Laminar Emerging Markets, L.L.C.
GPU Argentina Holdings, Inc.
X.X. Xxxxxx Overseas Capital Corporation