EXHIBIT 4.2
FIRST AMENDMENT TO RIGHTS AGREEMENT
This First Amendment (the "Amendment"), dated December 1, 2004, and
effective as of August 31, 2004 and executed among Rocky Shoes & Boots, Inc., an
Ohio corporation, (the "Company") and Computershare Investor Services, LLC
("Computershare"), a Delaware limited liability company, hereby amends the
Rights Agreement between the Company and Fifth Third Bank, an Ohio banking
corporation ("Fifth Third") dated as of November 5, 1997 (the "Rights
Agreement").
W I T N E S S E T H
WHEREAS, the Company and Fifth Third previously entered into the Rights
Agreement, pursuant to which Fifth Third was appointed to serve as the Rights
Agent; and
WHEREAS, Fifth Third has resigned as Rights Agent and the Company has
accepted such resignation and desires to appoint Computershare as successor
Rights Agent under the Rights Agreement, and
WHEREAS, in connection with the resignation of Fifth Third as Rights
Agent and the appointment of Computershare as successor Rights Agent, the
Company and Computershare desire to amend the Rights Agreement in certain
respects.
NOW, THEREFORE, in consideration of the promises and the mutual
agreements herein set forth, the parties agree as follows:
Section 1. Appointment of the Successor Rights Agent. The Company
hereby appoints Computershare as successor Rights Agent under the Rights
Agreement and Computershare hereby accepts such appointment.
Section 2. Waiver of Prior Written Notice. The Company and
Computershare each waive any requirements of prior written notice of a change of
the Rights Agent under the Rights Agreement.
Section 3. Amendment of Rights Agreement. The Rights Agreement shall be
further amended as follows:
(a) "Computershare Investor Services, LLC" shall be substituted
throughout the Rights Agreement, Exhibits and other attachments for "Fifth Third
Bank," including substituting all abbreviations therefore.
(b) Section 1(c) is hereby amended by deleting the definition of
"Business Day" in its entirety and substituting the following definition:
"Business Day" shall mean any day other than a Saturday,
Sunday, or a day on which the New York Stock Exchange is closed.
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(c) Section 21 is hereby amended by deleting from the fifth sentence:
"... so long as such corporation is authorized to do business as a banking
institution in the State of Ohio ..." and replacing it with: "...so long as such
corporation is authorized to do business in the State of Ohio..." Furthermore,
"$50 million" is hereby deleted and replaced with "$10 million."
(d) Section 26 of the Rights Agreement is hereby amended by deleting
the address for notice or demand to be given to the Rights Agent by the Company
and substituting in lieu therefor the following:
Computershare Investor Services, LLC
Xxx Xxxxx XxXxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
Attention: Relationship Manager
with a copy to:
Computershare Investor Services, LLC
Xxx Xxxxx XxXxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
Attention: Xxxxx Xxxxxx
(e) Section 32 is hereby modified to reflect that all provisions
regarding the rights, duties, and obligations of the Rights Agent shall be
governed by and construed in accordance with the laws of the State of Illinois.
Section 4. Continued Effectiveness. The parties hereto hereby
acknowledge and agree that, except as specifically supplemented and amended,
changed or modified hereby, the Rights Agreement, as previously amended to the
date hereof, shall remain in full force and effect in accordance with its terms.
Section 5. Execution in Counterparts. This Amendment may be executed in
any number of counterparts and each of such counterparts shall for all purposes
be deemed to be an original, and all such counterparts shall together constitute
one and the same instrument.
Section 6. Terms. Except as otherwise expressly provided herein, or
unless the context otherwise requires, all terms used herein have the meanings
assigned to them in the Rights Agreement.
[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed and effective as of the day and year above written.
ROCKY SHOES & BOOTS, INC.
By: /s/ Xxxxx X. XxXxxxxx
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Xxxxx X. XxXxxxxx, Vice President and
Chief Financial Officer
COMPUTERSHARE INVESTOR
SERVICES, LLC
By: /s/ Xxxxxxx Xxxxxx
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Its: Director, Relationship Management
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