Exhibit 4.6
FIRST SUPPLEMENTAL
INDENTURE
ADVANCED MEDICAL OPTICS,
INC.
AND
U.S. BANK TRUST NATIONAL
ASSOCIATION,
AS TRUSTEE
First Supplemental
Indenture
Dated as of August 15,
2006
Supplementing the
Indenture
Dated as of June 13,
2006
3.25 % Convertible Senior
Subordinated Notes due 2026
THIS FIRST SUPPLEMENTAL INDENTURE
(this “First Supplemental Indenture”), dated as of
August 15, 2006, between Advanced Medical Optics, Inc., a
Delaware corporation (the “Company”) and U.S. Bank
Trust National Association, as trustee (the “Trustee”),
under the Indenture, dated as of June 13, 2006 (the
“Indenture”).
WITNESSETH:
WHEREAS, the Company and the Trustee
have heretofore executed and delivered the Indenture providing for
the issuance by the Company of 3.25% Convertible Senior
Subordinated Notes due 2026 (the
“Securities”);
WHEREAS, the Company and the Trustee
desire to amend the Form of Note (attached as Exhibit A
to the Indenture) to correct a provision that is inconsistent with
other provisions of the Indenture;
WHEREAS,
Section 11.01(f) of the Indenture provides that the
Company and the Trustee may amend the Indenture to cure any
ambiguity or to correct or supplement any provision contained in
the Indenture that may be defective or inconsistent with any other
provision of the Indenture provided that such action does not
adversely affect the interest of the holders of the Notes in any
material respect without notice to or consent of any security
holder; and
WHEREAS, the Company has heretofore
delivered or is delivering contemporaneously herewith to the
Trustee (i) copies of resolutions of the Board of Directors of
the Company authorizing the execution of this First Supplemental
Indenture and (ii) the Officers’ Certificate and the
Opinion of Counsel described in Section 11.05 of the
Indenture.
WHEREAS, all other acts and
proceedings required by law and the Indenture necessary to
authorize the execution and delivery of this First Supplemental
Indenture and to make this First Supplemental Indenture a valid and
binding agreement for the purposes expressed herein, in accordance
with its terms, have been complied with or have been duly done or
performed.
NOW, THEREFORE, in consideration of
the foregoing and notwithstanding any provision of the Indenture
which, absent this First Supplemental Indenture, might operate to
limit such action, the parties hereto, intending to be legally
bound hereby, agree as follows:
ARTICLE ONE
AMENDMENTS
SECTION 1.01.
Amendment of Form of
Note . The Form of Note (attached as Exhibit A to the
Indenture) is hereby amended and restated in its entirety to read
as attached in Exhibit A hereto.
ARTICLE TWO
MISCELLANEOUS
SECTION 2.01.
Reference to and Effect on the
Indenture . On and after the Effective Date, each reference in
the Indenture to “this Indenture,”
“hereunder,” “hereof,” or
“herein” shall mean and be a reference to the Indenture
as supplemented by this First Supplemental Indenture unless the
context otherwise requires. The Indenture, as supplemented by this
First Supplemental Indenture, shall be read, taken and construed as
one and the same instrument. Except as specifically amended above,
the Indenture shall remain in full force and effect and is hereby
ratified and confirmed.
SECTION 2.02.
Governing Law. This First
Supplemental Indenture shall be governed by, and construed in
accordance with, the laws of the State of New York.
SECTION 2.03.
Trust Indenture Act Controls
. No modification of any provisions of the Indenture effected by
this First Supplemental Indenture is intended to eliminate or limit
any provision of the Indenture that is required to be included
therein by the Trust Indenture Act of 1939, as amended, as in force
as of the effectiveness of this First Supplemental
Indenture.
SECTION 2.04.
Trustee Disclaimer; Trust .
The recitals contained in this First Supplemental Indenture shall
be taken as the statements of the Issuers, and the Trustee assumes
no responsibility for their correctness. The Trustee makes no
representations as to the validity or sufficiency of this First
Supplemental Indenture. The Trustee accepts the trust created by
the Indenture, as supplemented by this First Supplemental
Indenture, and agrees to perform the same upon the terms and
conditions of the Indenture, as supplemented hereby.
SECTION 2.05.
Counterparts . This First
Supplemental Indenture may be executed in any number of
counterparts, each of which shall be an original; but such
counterparts shall constitute but one and the same
instrument.
SECTION 2.06.
Effect of Headings . The
Article and Section headings herein are for convenience
only and shall not affect the construction hereof.
SECTION 2.07.
Severability . In case any
provision of this First Supplemental Indenture shall be invalid,
illegal or unenforceable, including any amendment or waiver that,
pursuant to Section 11.02 of the Indenture, requires the
consent of each Holder affected, the validity, legality and
enforceability of the remaining provisions shall not in any way be
effected or impaired thereby.
[ Signature page follows
]
IN WITNESS WHEREOF, the parties
hereto have caused this First Supplemental Indenture to be duly
executed all as of the date hereof.
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ADVANCED MEDICAL OPTICS,
INC.
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By:
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/s/ Richard A. Meier
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Name:
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Richard A. Meier
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Title:
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Executive Vice President,
Operations,
President, Eye Care Business, and Chief
Financial Officer
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U.S. BANK TRUST NATIONAL
ASSOCIATION
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By:
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/s/ Raymond S. Haverstock
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Name:
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Raymond S. Haverstock
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Title:
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Vice President
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EXHIBIT A
THIS NOTE HAS BEEN ISSUED WITH
ORIGINAL ISSUE DISCOUNT, FOR PURPOSES OF SECTIONS 1272, 1273, AND
1275 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. UPON THE
REQUEST OF THE HOLDER OF THIS NOTE, THE COMPANY WILL PROMPTLY MAKE
AVAILABLE TO THE HOLDER OF THIS NOTE, (1) THE ISSUE PRICE OF
THE NOTE, (II) THE AMOUNT OF ORIGINAL ISSUE DISCOUNT IN
RESPECT THEREOF, (III) THE ISSUE DATE OF THE NOTE,
(IV) THE COMPARABLE YIELD OF THE NOTE, AND (V) THE
PROJECTED PAYMENT SCHEDULE OF THE NOTE, IN EACH CASE AS DETERMINED
UNDER THE ORIGINAL ISSUE DISCOUNT RULES OF THE U.S. INTERNAL
REVENUE CODE. PLEASE CONTACT: ADVANCED MEDICAL OPTICS, INC., ATTN:
INVESTOR RELATIONS DEPARTMENT, 1700 E. ST. ANDREW PLACE, SANTA ANA,
CA 92705.
[Include only for Global
Notes]
[UNLESS THIS CERTIFICATE IS
PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY (55 WATER STREET, NEW YORK, NEW YORK) (THE
“DEPOSITARY”, WHICH TERM INCLUDES ANY SUCCESSOR
DEPOSITARY FOR THE CERTIFICATES) TO THE COMPANY OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH
OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITARY (AND ANY PAYMENT HEREIN IS MADE TO CEDE & CO.
OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]
[Include only for Notes that are
Restricted Securities]
THIS NOTE AND ANY COMMON STOCK
ISSUABLE UPON THE CONVERSION OF THIS NOTE HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”) OR ANY STATE SECURITIES LAWS, AND MAY NOT BE
OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF
SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT
SUBJECT TO, REGISTRATION. EACH PURCHASER OF THIS NOTE IS HEREBY
NOTIFIED THAT THE SELLER OF THIS NOTE MAY BE RELYING
ON
THE EXEMPTION FROM THE PROVISIONS OF
SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A
THEREUNDER.
THIS NOTE AND ANY COMMON STOCK
ISSUABLE UPON THE CONVERSION OF THIS NOTE MAY NOT BE OFFERED,
SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) (1) TO
US OR ANY OF OUR SUBSIDIARIES, (2) FOR SO LONG AS THE NOTES
ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A TO A PERSON WHO THE
TRANSFEROR REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER
WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT ACQUIRING
FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL
BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A,
(3) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE
SECURITIES ACT, INCLUDING UNDER RULE 144 (IF AVAILABLE),
(4) TO AN INSTITUTIONAL INVESTOR THAT IS AN ACCREDITED
INVESTOR WITHIN THE MEANING OF RULE 501(A)(1), (2), (3) OR
(7) OF REGULATION D UNDER THE SECURITIES ACT PURSUANT TO AN
EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT (IF AVAILABLE)
OR (5) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER
THE SECURITIES ACT, AND (B) IN ACCORDANCE WITH ALL APPLICABLE
SECURITIES LAWS OF THE STATES OF THE UNITED STATES AND OTHER
JURISDICTIONS.
THIS NOTE, ANY SHARES OF COMMON
STOCK ISSUABLE UPON ITS CONVERSION AND ANY RELATED DOCUMENTATION
MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME TO MODIFY THE
RESTRICTIONS ON RESALES AND OTHER TRANSFERS OF THIS NOTE AND ANY
SUCH SHARES TO REFLECT ANY CHANGE IN APPLICABLE LAW OR REGULATION
(OR THE INTERPRETATION THEREOF) OR IN PRACTICES RELATING TO THE
RESALE OR TRANSFER OF RESTRICTED SECURITIES GENERALLY. THE HOLDER
OF THIS NOTE AND SUCH SHARES SHALL BE DEEMED BY THE ACCEPTANCE OF
THIS NOTE AND ANY SUCH SHARES TO HAVE AGREED TO ANY SUCH AMENDMENT
OR SUPPLEMENT.
A-2
ADVANCED MEDICAL OPTICS,
INC.
3.25% CONVERTIBLE SENIOR
SUBORDINATED NOTES DUE 2026
CUSIP:
Advanced Medical Optics, Inc.,
a Delaware corporation (herein called the “Company”,
which term includes any successor corporation under the Indenture
referred to on the reverse hereof), for value received hereby
promises to pay to
or its registered assigns, [the principal sum of
DOLLARS] [or, such amount as is indicated in the records of the
Trustee and the Depositary] (1) on August 1, 2026 at the
office or agency of the Company maintained for that purpose in
accordance with the terms of the Indenture, in such coin or
currency of the United States of America as at the time of payment
shall be legal tender for the payment of public and private debts,
and to pay interest, semi-annually on February 1 and
August 1 of each year, commencing February 1, 2007, on
said principal sum at said office or agency, in like coin or
currency, at the rate per annum of 3.25%, from the February 1
or August 1, as the case may be, next preceding the date of
this Note to which interest has been paid or duly provided for,
unless the date hereof is a date to which interest has been paid or
duly provided for, in which case from the date of this Note, or
unless no interest has been paid or duly provided for on the Notes,
in which case from June 13, 2006 until payment of said
principal sum has been made or duly provided for. Notwithstanding
the foregoing, if the date hereof is after any January 15 or
July 15, as the case may be, and before the following
February 1 or August 1, this Note shall bear interest
from such January 15 or July 15; provided that if
the Company shall default in the payment of interest due on such
February 1 or August 1, then this Note shall bear
interest from the next preceding February 1 or August 1
to which interest has been paid or duly provided for or, if no
interest has been paid or duly provided for on such Note, from
June 13, 2006. Beginning with the six-month interest period
commencing August 1, 2014, the Notes may accrue contingent
interest. Contingent interest, if any, for any six-month interest
period will be payable on the applicable February 1 or
August 1 interest payment date. Except as otherwise provided
in the Indenture, the interest payable on the Note pursuant to the
Indenture on any February 1 or August 1 will be paid to
the Person entitled thereto as it appears in the Note Register at
5:00 p.m., New York City time, on the applicable record date,
which shall be the January 15 or July 15 (whether or not
a Business Day) next preceding such February 1 or
August 1, as provided in the Indenture; provided that
any such interest not punctually paid or duly provided for shall be
payable as provided in the Indenture. The Company shall pay
interest on any Notes in certificated form by check mailed to the
address of the Person entitled thereto as it appears in the Note
Register. Payments to The Depository Trust Company will be made by
wire transfer in immediately available funds to the account of the
DTC or its nominee.
(1) For
Global Notes only.
A-3
The Company promises to pay interest
on overdue principal, premium, if any, and (to the extent that
payment of such interest is enforceable under applicable law)
interest at the rate of 1% per annum above the rate borne by
the Notes.
Reference is made to the further
provisions of this Note set forth on the reverse hereof, including,
without limitation, provisions giving the holder of this Note the
right to convert this Note into cash and, if applicable, shares of
Common Stock on the terms and subject to the limitations referred
to on the reverse hereof and as more fully specified in the
Indenture. Such further provisions shall for all purposes have the
same effect as though fully set forth at this place.
IN THE CASE OF ANY CONFLICT BETWEEN
THE PROVISIONS OF THIS NOTE AND THE INDENTURE, THE PROVISIONS OF
THE INDENTURE SHALL CONTROL. THE INDENTURE AND THIS NOTE SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE
STATE OF NEW YORK.
This Note shall not be valid or
become obligatory for any purpose until the certificate of
authentication hereon shall have been manually signed by the
Trustee or a duly authorized authenticating agent under the
Indenture.
A-4
IN WITNESS WHEREOF, the Company has
caused this Note to be duly executed.
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ADVANCED MEDICAL OPTICS,
INC.
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By:
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A-5
TRUSTEE’S CERTIFICATE OF
AUTHENTICATION
This is one of the Notes described
in the within-named Indenture.
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U.S. BANK NATIONAL ASSOCIATION, as
Trustee
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By:
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Authorized
Signatory
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A-6
FORM OF REVERSE OF
NOTE
ADVANCED MEDICAL OPTICS,
INC.
3.25% CONVERTIBLE SENIOR
SUBORDINATED NOTE DUE 2026
This note is one of a duly
authorized issue of notes of the Company, designated as its 3.25%
Convertible Senior Subordinated Notes due 2026 (herein called the
“Notes”), limited in aggregate principal amount to
$500,000,000, issued and to be issued under and pursuant to an
Indenture dated as of June 13, 2006, (herein called the
“Indenture”), between the Company and U.S. Bank
National Association, as trustee (herein called the
“Trustee”), to which Indenture and all indentures
supplemental thereto reference is hereby made for a description of
the rights, limitations of rights, obligations, duties and
immunities thereunder of the Trustee, the Company and the holders
of the Notes. Defined terms used but not otherwise defined in this
Note shall have the respective meanings ascribed thereto in the
Indenture.
If an Event of Default occurs and is
continuing, the principal of, premium, if any, and accrued and
unpaid interest on all Notes may be declared to be due and payable
by either the Trustee or the holders of at least 25% in aggregate
principal amount of the Notes then outstanding, and, upon said
declaration the same shall be due and payabl