as Issuer,
as Guarantor,
HERETO,
as Trustee,
as Registrar and Transfer Agent,
as Principal Paying Agent and Common Depositary
Page | ||||
ARTICLE I Definitions and Incorporation by Reference | 1 | |||
SECTION 1.1. Definitions | 1 | |||
SECTION 1.2. Rules of Construction | 34 | |||
ARTICLE II The Notes | 35 | |||
SECTION 2.1. Form, Dating and Terms | 35 | |||
SECTION 2.2. Execution and Authentication | 40 | |||
SECTION 2.3. Registrar and Paying Agent | 41 | |||
SECTION 2.4. Paying Agent To Hold Money in Trust | 42 | |||
SECTION 2.5. Transfer and Exchange | 42 | |||
SECTION 2.6. Form of Certificate to be Delivered in Connection with Transfers Pursuant to Regulation S | 45 | |||
SECTION 2.7. Mutilated, Destroyed, Lost or Stolen Notes | 46 | |||
SECTION 2.8. Outstanding Notes | 47 | |||
SECTION 2.9. Temporary Notes | 47 | |||
SECTION 2.10. Cancellation | 47 | |||
SECTION 2.11. Payment of Interest; Defaulted Interest | 48 | |||
SECTION 2.12. Computation of Interest | 49 | |||
SECTION 2.13. Common Code and ISINs | 49 | |||
SECTION 2.14. Judgment Currency | 49 | |||
ARTICLE III Covenants | 50 | |||
SECTION 3.1. Payment of Notes | 50 | |||
SECTION 3.2. SEC Reports | 50 |
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SECTION 3.3. Limitation on Indebtedness | 50 | |||
SECTION 3.4. Limitation on Restricted Payments | 56 | |||
SECTION 3.5. Limitation on Liens | 61 | |||
SECTION 3.6. Limitation on Restrictions on Distributions from Restricted Subsidiaries | 61 | |||
SECTION 3.7. Limitation on Sales of Assets and Subsidiary Stock | 63 | |||
SECTION 3.8. Limitation on Transactions with Affiliates | 66 | |||
SECTION 3.9. Change of Control | 67 | |||
SECTION 3.10. Future Subsidiary Guarantors | 69 | |||
SECTION 3.11. Effectiveness of Covenants | 70 | |||
SECTION 3.12. Additional Amounts | 71 | |||
SECTION 3.13. Maintenance of Office or Agency | 73 | |||
SECTION 3.14. Money for Note Payments to Be Held in Trust | 74 | |||
SECTION 3.15. Corporate Existence | 75 | |||
SECTION 3.16. Payment of Taxes and Other Claims | 75 | |||
SECTION 3.17. Maintenance of Properties | 75 | |||
SECTION 3.18. Compliance with Laws | 76 | |||
SECTION 3.19. Compliance Certificate | 76 | |||
ARTICLE IV Successor Company and Successor Subsidiary Guarantor | 76 | |||
SECTION 4.1. Merger and Consolidation | 76 | |||
ARTICLE V Redemption of Notes | 79 | |||
SECTION 5.1. Optional Redemption | 79 | |||
SECTION 5.2. Applicability of Article | 79 | |||
SECTION 5.3. Election to Redeem; Notice to Trustee and Agents | 79 | |||
Page | ||||
SECTION 5.4. Selection by Trustee of Notes to Be Redeemed | 79 | |||
SECTION 5.5. Notice of Redemption | 80 | |||
SECTION 5.6. Deposit of Redemption Price | 81 | |||
SECTION 5.7. Notes Payable on Redemption Date | 81 | |||
SECTION 5.8. Notes Redeemed in Part | 81 | |||
ARTICLE VI Defaults and Remedies | 82 | |||
SECTION 6.1. Events of Default | 82 | |||
SECTION 6.2. Acceleration | 84 | |||
SECTION 6.3. Other Remedies | 84 | |||
SECTION 6.4. Waiver of Past Defaults | 85 | |||
SECTION 6.5. Control by Majority | 85 | |||
SECTION 6.6. Limitation on Suits | 85 | |||
SECTION 6.7. Rights of Holders to Receive Payment | 86 | |||
SECTION 6.8. Collection Suit by Trustee | 86 | |||
SECTION 6.9. Trustee May File Proofs of Claim | 86 | |||
SECTION 6.10. Priorities | 87 | |||
SECTION 6.11. Undertaking for Costs | 87 | |||
ARTICLE VII Trustee and Agents | 87 | |||
SECTION 7.1. Duties of Trustee | 87 | |||
SECTION 7.2. Rights of Trustee | 88 | |||
SECTION 7.3. Individual Rights of Trustee | 90 | |||
SECTION 7.4. Trustee’s Disclaimer | 90 | |||
SECTION 7.5. Notice of Defaults | 90 | |||
SECTION 7.6. Notice of Listing | 90 | |||
SECTION 7.7. Compensation and Indemnity | 90 |
Page | ||||
SECTION 7.8. Replacement of Trustee or Agents | 91 | |||
SECTION 7.9. Successor Trustee by Merger | 92 | |||
ARTICLE VIII Discharge of Indenture; Defeasance | 92 | |||
SECTION 8.1. Satisfaction and Discharge | 92 | |||
SECTION 8.2. Conditions to Defeasance | 94 | |||
SECTION 8.3. Application of Trust Money | 95 | |||
SECTION 8.4. Repayment to the Issuer | 96 | |||
SECTION 8.5. Indemnity for Government Obligations | 96 | |||
SECTION 8.6. Reinstatement | 96 | |||
ARTICLE IX Amendments | 96 | |||
SECTION 9.1. Without Consent of Holders | 96 | |||
SECTION 9.2. With Consent of Holders | 97 | |||
SECTION 9.3. Revocation and Effect of Consents and Waivers | 98 | |||
SECTION 9.4. Notation on or Exchange of Notes | 99 | |||
SECTION 9.5. Trustee To Sign Amendments | 99 | |||
ARTICLE X Guarantees | 99 | |||
SECTION 10.1. Guarantees | 99 | |||
SECTION 10.2. Limitation on Liability; Termination, Release and Discharge | 101 | |||
SECTION 10.3. Right of Contribution | 102 | |||
SECTION 10.4. No Subrogation | 102 | |||
SECTION 10.5. Execution and Delivery of Notes Guarantee | 103 | |||
ARTICLE XI Miscellaneous | 103 | |||
SECTION 11.1. Notices | 103 |
Page | ||||
SECTION 11.2. Certificate and Opinion as to Conditions Precedent | 104 | |||
SECTION 11.3. Statements Required in Certificate or Opinion | 105 | |||
SECTION 11.4. When Notes Disregarded | 105 | |||
SECTION 11.5. Rules by Trustee, Paying Agent and Registrar | 105 | |||
SECTION 11.6. Legal Holidays | 105 | |||
SECTION 11.7. Governing Law | 106 | |||
SECTION 11.8. Consent to Jurisdiction and Service | 106 | |||
SECTION 11.9. No Recourse Against Others | 106 | |||
SECTION 11.10. Successors | 106 | |||
SECTION 11.11. Multiple Originals | 106 | |||
SECTION 11.12. Variable Provisions | 107 | |||
SECTION 11.13. Table of Contents; Headings | 107 | |||
EXHIBITS | ||||
EXHIBIT A Form of the Note | ||||
EXHIBIT B Form of Notation of Guarantee | ||||
EXHIBIT C Form of Indenture Supplement to Add Subsidiary Guarantors | ||||
EXHIBIT D Form of Power of Attorney |
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(1) | Consolidated Interest Expense; | ||
(2) | Consolidated Income Taxes; | ||
(3) | consolidated depreciation expense; |
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Defined in Term | Section | |||
“additional amounts” | 3.12 | |||
“Additional Interest Notice” | 3.19 | |||
“Additional Notes” | Recitals | |||
“Affiliate Transaction” | 3.8 | (a) | ||
“Asset Disposition Offer” | 3.7 | (b) | ||
“Asset Disposition Offer Amount” | 3.7 | (c) | ||
“Asset Disposition Offer Period” | 3.7 | (c) | ||
“Asset Disposition Purchase Date” | 3.7 | (c) | ||
“Authenticating Agent” | 2.2 | |||
“Change of Control Offer” | 3.9 | (b) | ||
“Change of Control Payment” | 3.9 | (b) | ||
“Change of Control Payment Date” | 3.9 | (b) | ||
“covenant defeasance option” | 8.1 | (b) | ||
“cross acceleration provision” | 6.1 | |||
“Event of Default” | 6.1 | |||
“Excess Proceeds” | 3.7 | (b) | ||
“French Guarantor” | 10.2 | (c) | ||
“Global Notes” | 2.1 | (b) | ||
“Initial Notes” | Recitals | |||
“Issuer Order” | 2.2 | |||
“Judgment Currency” | 2.14 | |||
“judgment default provision” | 6.1 | |||
“legal defeasance option” | 8.1 | (b) |
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Defined in Term | Section | |||
“Obligations” | 10.1 | |||
“Pari Passu Notes” | 3.7 | (b) | ||
“Notes” | Recitals | |||
“Paying Agent” | 2.3 | |||
“payment default” | 6.1 | |||
“Redemption Date” | 5.3 | |||
“Registrar” | 2.3 | |||
“Required Currency” | 2.14 | |||
“Resale Restriction Termination Date” | 2.5 | (a) | ||
“Restricted Payment” | 3.4 | (a) | ||
“Special Interest Payment Date” | 2.11 | (a) | ||
“Special Record Date” | 2.11 | (a) | ||
“Suspended Covenants” | 3.11 | |||
“Tax Jurisdiction” | 3.12 | |||
“Taxes” | 3.12 | |||
“Transfer Agent” | 2.3 |
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9-11 rue Louvigny
L-1946 Luxembourg
Grand Duchy of Luxembourg
Attention: Board of Directors
15202 Graham Street
Huntington Beach, CA 92649
Attention: Chief Financial Officer
2 boulevard Konrad Adenauer
L-115 Luxembourg
Grand Duchy of Luxembourg
Attention: Managing Director
Re: | Boardriders S.A. (the “Issuer”) 8.875% Senior Notes due 2017 (the “Notes”) |
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Very truly yours, [Name of Transferor] | ||||
By: | ||||
Authorized Signature | ||||
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c/o Quiksilver, Inc.
15202 Graham Street
Huntington Beach, California 92649
Attention: Chief Financial Officer
Facsimile No.: (714) 889-2322
Winchester House
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London EC2N 2DB
United Kingdom
Attention: Managing Director
Winchester House
1 Great Winchester Street
London EC2N 2DB
United Kingdom
Attention: Trust and Securities Services
2 boulevard Konrad Adenauer
L-115 Luxembourg
Grand Duchy of Luxembourg
Attention: Coupon Paying Department
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BOARDRIDERS S.A. | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Type A Director | |||
QUIKSILVER, INC., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Chief Administrative Officer, Secretary and General Counsel | |||
QUIKSILVER AMERICAS, INC., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Secretary | |||
DC SHOES, INC., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Secretary | |||
HAWK DESIGNS, INC., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Secretary |
MERVIN MANUFACTURING, INC., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Secretary | |||
QS WHOLESALE, INC., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Secretary | |||
QS RETAIL, INC., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Secretary | |||
MOUNTAIN & WAVE S.À R.L., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Type A Manager | |||
QS HOLDINGS S.À R.L., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Type A Manager | |||
BIARRITZ HOLDINGS S.À R.L., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Type A Manager |
NA PALI S.A.S., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Attorney-in-Fact | |||
QS FINANCE LUXEMBOURG S.A., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Type A Director | |||
54TH STREET HOLDINGS S.À R.L., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Type A Manager | |||
QUIKSILVER DELUXE S.À R.L., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Type A Manager | |||
QUIKSILVER CANADA CORP., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | President and Secretary | |||
QS RETAIL CANADA CORP., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | President |
QUIKSILVER AUSTRALIA PTY LTD., | ||
as Guarantor | ||
Signed for QUIKSILVER AUSTRALIA PTY LTD. by its attorney under power of attorney in the presence of: | ||
/s/ Linnsey Workman | /s/ Charles S. Exon | |
Signature of witness | Signature of attorney | |
Linnsey Workman | Charles S. Exon | |
Name of witness (print) | Name of attorney (print) | |
DC SHOES AUSTRALIA PTY LTD., | ||
as Guarantor | ||
Signed for DC SHOES AUSTRALIA PTY LTD. by its attorney under power of attorney in the presence of: | ||
/s/ Linnsey Workman | /s/ Charles S. Exon | |
Signature of witness | Signature of attorney | |
Linnsey Workman | Charles S. Exon | |
Name of witness (print) | Name of attorney (print) | |
QS RETAIL PTY LTD., | ||
as Guarantor | ||
Signed for QS RETAIL PTY LTD. by its attorney under power of attorney in the presence of: | ||
/s/ Linnsey Workman | /s/ Charles S. Exon | |
Signature of witness | Signature of attorney | |
Linnsey Workman | Charles S. Exon | |
Name of witness (print) | Name of attorney (print) |
QS RETAIL (NZ) LIMITED, as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Authorized Signatory | |||
QUIKSILVER JAPAN Co., Ltd., as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Attorney-in-Fact | |||
QSJ HOLDINGS PTY LTD., | ||
as Guarantor | ||
Signed for QSJ HOLDINGS PTY LTD. by its attorney under power of attorney in the presence of: | ||
/s/ Linnsey Workman | /s/ Charles S. Exon | |
Signature of witness | Signature of attorney | |
Linnsey Workman | Charles S. Exon | |
Name of witness (print) | Name of attorney (print) |
QUIKSILVER INTERNATIONAL PTY LTD., as Guarantor | ||
Signed for QUIKSILVER INTERNATIONAL PTY LTD. by its attorney under power of attorney in the presence of: | ||
/s/ Linnsey Workman | /s/ Charles S. Exon | |
Signature of witness | Signature of attorney | |
Linnsey Workman | Charles S. Exon | |
Name of witness (print) | Name of attorney (print) | |
UG MANUFACTURING CO. PTY LTD., | ||
as Guarantor | ||
Signed for UG MANUFACTURING CO. PTY LTD. by its attorney under power of attorney in the presence of: | ||
/s/ Linnsey Workman | /s/ Charles S. Exon | |
Signature of witness | Signature of attorney | |
Linnsey Workman | Charles S. Exon | |
Name of witness (print) | Name of attorney (print) |
UG MANUFACTURING CO. (NZ) PTY LIMITED, as Guarantor | ||||
By: | /s/ Charles S. Exon | |||
Name: | Charles S. Exon | |||
Title: | Authorized Signatory |
DEUTSCHE TRUSTEE COMPANY LIMITED, as Trustee | ||||
By: | /s/ Stuart Harding | |||
Name: | Stuart Harding | |||
Title: | Associate Director | |||
By: | /s/ Robert J. Bebb | |||
Name: | Robert J. Bebb | |||
Title: | Associate Director | |||
DEUTSCHE BANK LUXEMBOURG S.A., as Registrar and Transfer Agent | ||||
By: | /s/ Stuart Harding | |||
Name: | Stuart Harding | |||
Title: | Attorney | |||
By: | /s/ Shane L. Duncan | |||
Name: | Shane L. Duncan | |||
Title: | Attorney | |||
DEUTSCHE BANK AG, LONDON BRANCH, as Principal Paying Agent and Common Depositary | ||||
By: | /s/ Stuart Harding | |||
Name: | Stuart Harding | |||
Title: | Vice President | |||
By: | /s/ Robert J. Bebb | |||
Name: | Robert J. Bebb | |||
Title: | Vice President |
[Depositary Legend, if applicable]
A-1
No. [ ] | Principal Amount €[ ], | |||||
as revised by the Schedule of Increases | ||||||
and Decreases in the Global Note attached hereto | ||||||
Rule 144A | Regulation S | |||||
Common Code: | 056538496 | 056538470 | ||||
ISIN No. | XS0565384962 | XS0565384707 |
BOARDRIDERS S.A. | ||||
By: | ||||
Name: | ||||
Title: | ||||
AUTHENTICATION AGENT’S CERTIFICATE OF AUTHENTICATION | ||||
Dated: | ||||
DEUTSCHE BANK LUXEMBOURG S.A. | ||||
as Authentication Agent, certifies that this is one of the Notes referred to in the Indenture. | ||||
By | |
A-2
8.875% Senior Note, due 2017
1 | Interest |
2 | Method of Payment |
3 | Paying Agent and Registrar |
A-3
4 | Indenture |
5 | Redemption |
YEAR | PERCENTAGE | |||
2014 | 104.438 | % | ||
2015 | 102.219 | % |
A-4
YEAR | PERCENTAGE | |||
2016 and thereafter | 100.000 | % |
(1) | at least 65% of the original principal amount of the Notes (calculated after giving effect to any issuance of Additional Notes) remains outstanding after each such redemption; and | ||
(2) | the redemption occurs within 90 days after the closing of such Equity Offering. |
(1) | any change in, or amendment to, the laws (or any regulations, or rulings promulgated thereunder) of the relevant Tax Jurisdiction affecting taxation which change or amendment has not been publicly announced as formally proposed before and which becomes effective on or after the date of the Indenture (or, if the relevant Tax Jurisdiction has changed since the date of the Indenture, the date on which the then current Tax Jurisdiction became a relevant Tax Jurisdiction under the Indenture); or | ||
(2) | any change in, or amendment to, the existing official position or the introduction of an official position regarding the application, administration or interpretation of such laws, regulations or rulings (including a holding, judgment or order by a court of competent jurisdiction or a change in published practice), which change, |
A-5
amendment, application or interpretation has not been publicly announced as formally proposed before and becomes effective on or after the date of the Indenture (or, if the relevant Tax Jurisdiction has changed since the date of the Indenture, the date on which the then current Tax Jurisdiction became a relevant Tax Jurisdiction under the Indenture). |
A-6
6 | Put Provisions |
7 | Denominations; Transfer; Exchange |
8 | Persons Deemed Owners |
9 | Unclaimed Money |
10 | Defeasance |
11 | Amendment, Waiver |
A-7
12 | Defaults and Remedies |
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13 | Trustee Dealings with the Issuer |
14 | No Recourse Against Others |
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15 | Authentication |
16 | Abbreviations |
17 | Common Codes and ISIN Numbers |
18 | Defined Terms |
19 | Governing Law |
A-10
c/o Quiksilver, Inc.
15202 Graham Street
Huntington Beach, CA 92649
Attention: Chief Financial Officer
Facsimile No.: (714) 889-2322
A-11
Date: | Your Signature: |
1 | o acquired for the undersigned’s own account, without transfer; or | ||
2 | o transferred to the Issuer; or | ||
3 | o transferred pursuant to and in compliance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”); or | ||
4 | o transferred pursuant to an effective registration statement under the Securities Act; or | ||
5 | o transferred pursuant to and in compliance with Regulation S under the Securities Act; or | ||
6 | o transferred pursuant to another available exemption from the registration requirements of the Securities Act of 1933. |
A-12
Signature | ||
Signature Guarantee: | ||
(Signature must be guaranteed) Signature | ||
Dated: | NOTICE: To be executed by an executive officer |
A-13
Principal Amount of | Signature of | |||||||
Amount of decrease | Amount of Increase | this Global Note | authorized signatory | |||||
in Principal Amount | in Principal Amount | following such | of Trustee or Notes | |||||
Date of Exchange | of this Global Note | of this Global Note | decrease or increase | Custodian | ||||
A-14
Date: | Your Signature: | |
(Sign exactly as your name appears on the other side of the Note) | ||
(Signature must be guaranteed)
A-15
[Guarantor] | ||||
By: | ||||
Name: | ||||
Title: |
B-1
ADD SUBSIDIARY GUARANTORS TO GUARANTEE NOTES
C-1
[ ]
[ ]
[Attention: ]
[Facsimile No.: ( ) — ]
C-2
[NEW SUBSIDIARY GUARANTOR], as a Subsidiary Guarantor | ||||
By: | ||||
Name: | ||||
Title: | ||||
DEUTSCHE TRUSTEE COMPANY LIMITED, as Trustee | ||||
By: | ||||
Name: | ||||
Title: | ||||
DEUTSCHE BANK LUXEMBOURG S.A., as Registrar and Transfer Agent | ||||
By: | ||||
Name: | ||||
Title: | ||||
DEUTSCHE BANK AG, LONDON BRANCH, as Principal Paying Agent and Common Depositary | ||||
By: | ||||
Name: | ||||
Title: |
C-3
BOARDRIDERS S.A. | ||||
By: | ||||
Name: | ||||
Title: | ||||
QUIKSILVER, INC. | ||||
By: | ||||
Name: | ||||
Title: |
C-4
[OTHER SUBSIDIARY GUARANTORS] | ||||
By: | ||||
Name: | ||||
Title: | ||||
C-5
Merci de compléter les champs entre crochets avec les informations manquantes | Please fill spaces into brackets with appropriate information |
MANDATAD LITEM | AD LITEMPOWER OF ATTORNEY | ||
Le présent MandatAd Litemest consenti par: ____, société de droit ____ dont le siège social est situé _, immatriculé sous le numéro __ (l’ «Obligataire») détenteur de ___ [INDIQUER LE NOMBRE ET LE MONTANT EN PRINCIPAL DES NOTES DETENUES] 8,875%Notes Senior à échéance 2017 (les «Notes» ou les «Obligations»), émises le 10 Décembre 2010 par Boardriders S.A., société de droit luxembourgeois (l’ «Emetteur»), dont les termes et conditions sont notamment régis par un contrat d’émission de droit new-yorkais conclu, notamment, avec l’Emetteur, les Garants (Guarantors, tel que ce terme est défini dans le Contrat d’Emission) et leTrustee(tel que ce terme est défini ci-après), en date du ___ (le «Contrat d’Emission»). Cette délégation de pouvoir est effectuée dans le cadre de l’ouverture, par jugement du tribunal de commerce de __ en date du __, d’une procédure de ____ [INDIQUER LE TYPE DE PROCEDURE COLLECTIVE OUVERTE EN FRANCE] relative à __ [INDIQUER LE NOM DE L’ENTITE SOUMISE A LA PROCEDURE COLLECTIVE OUVERTE EN FRANCE] (la «Procédure Collective Française»). | ThisAd LitemPower of Attorney is granted by: _____, a company governed by the laws of _____ whose registered office is located at ____ and registered with _________ under trade number ___ (the «Noteholder») registered holder of ___ [INSERT THE NUMBER AND PRINCIPAL AMOUNT OF THE NOTES HELD] 8,875% Senior Notes due 2017 (the “Notes”), issued on December 10, 2010 by Boardriders S.A., a Luxembourg company (the “Issuer”), whose terms and conditions are in particular governed by an indenture governed by New-York law, entered into by, among others, the Issuer, the Guarantors (as such term is defined in the Indenture) and the Trustee (as such term is defined below), dated ___ (the “Indenture”). ThisAd LitemPower of Attorney is made in connection with the opening, by judgment of the ____ Commercial Court dated ____, of the _____ [INSERT TYPE OF PROCEEDING OPENED IN FRANCE] related to ___________ [INSERT NAME OF ENTITY SUBJECT TO FRENCH PROCEEDING] (the “French Bankruptcy Proceeding”). | ||
Conformément à l’article 6.9 du Contrat d’Emission, leTrusteeest autorisé, notamment, à procéder à toutes déclarations de créances et à enregistrer tout document qui s’avérerait nécessaire ou utile afin que les créances duTrustee (en ce compris toute créance due au titre des rémunérations raisonables et des remboursements des frais et débours duTrusteeet de ses agents et conseils) et des Obligataires soient admises dans le cadre de toute procédure judiciaire (en ce compris, en particulier, toute procédure collective en France) relative à l’Emetteur (ou à n’importe quel Garant ou autre débiteur en vertu desNotes) et à collecter, recevoir et distribuer toute somme d’argent ou autre actif exigible pour le remboursement de chacune de ces créances (le «Mandat Spécial»). | Pursuant to section 6.9 of the Indenture, the Trustee is authorized to, among other actions, file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and the Holders allowed in any judicial proceedings (including, in particular, any insolvency proceedings in France) relative to the Issuer (or any Guarantor or other obligor upon the Notes) and to collect, receive and distribute any money or other property payable or deliverable on any such claims (the “Special P.O.A.”). | ||
Par les présentes, et à toutes fins utiles, l’Obligataire réïtère les termes du Mandat Spécial et donne mandatad litemà: | The Noteholder, to the extent necessary, hereby reiterates the Special P.O.A. and gives power to: | ||
Deutsche Trustee Company Limited, société de | Deutsche Trustee Company Limited, a british |
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droit anglais dont le siège social est situé à Winchester House, 1 Great Winchester Street, Londres EC2N 2DB, immatriculé sous le numéro __, en sa capacité deTrusteeen vertu du Contrat d’Emission (le «Trustee»), afin d’agir en son nom et pour son compte pour tous les besoins liés à la Procédure Collective Française et l’autorise expressément à déclarer toute créance ou à enregister tout document utile afin que toute créance qu’il détient au titre desNoteset du Contrat d’Emission soit admise dans le cadre de la Procédure Collective Française, le tout avec faculté de subdélégation à l’avocat de son choix. | company, whose registered office is located at Winchester House, 1 Great Winchester Street, London EC2N 2DB and registered with ____ under trade number ____, in its capacity as Trustee under the Indenture (the “Trustee”), to act on its behalf in relation to the French Bankruptcy Proceeding and expressly authorizes the Trustee to, among other actions, file any proofs of claims or documents as may be necessary in order to have its claims under the Notes and the Indenture allowed in the French Bankruptcy Proceeding, with the right to delegate such power to any lawyer of its choice. | ||
Ce MandatAd Litemsera valide pour toutes les instances futures liées à la Procédure Collective Française et s’étendra aux procédures auxiliaires et consécutives de tout genre, en ce compris toutes voies de recours. | ThisAd LitemPower of Attorney shall be valid for any future legal proceeding in relation to the French Bankruptcy Proceeding and shall extend to any ancillary proceeding in connection therewith, including any appeals. | ||
Par les présentes, l’Obligataire ratifie et autorise tout acte qui sera effectué légalement par leTrusteeconformément à ce MandatAd Litem. | The Noteholder hereby ratifies and approves any act which will lawfully be done by the Trustee in furtherance of thisAd LitemPower of Attorney. | ||
Fait à _______________, le _______________ | Executed in _______________, on _______________ | ||
(Signature) * | (Signature) * |
* Faire précéder la signature de la mention manuscrite : | * Please provide your signature with the handwritten mention | |
« Bon pour pouvoir d’agir et faire agir en justice » | « Bon pour pouvoir d’agir et faire agir en justice » |
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