FIRST SUPPLEMENTAL INDENTURE THIS FIRST SUPPLEMENTAL INDENTURE (the "Supplemental Indenture"), dated as of November 24, 2004, is entered into by and between American Skiing Company, a Delaware corporation (the "Company"), and Oak Hill Capital...Supplemental Indenture • December 1st, 2004 • American Skiing Co /Me • Services-miscellaneous amusement & recreation • New York
