EXHIBIT 4.1
FIFTH SUPPLEMENTAL INDENTURE, dated as of July 30, 2004 (the "FIFTH
SUPPLEMENTAL INDENTURE"), among AMERICAN TIRE DISTRIBUTORS, INC., a
Delaware corporation (formerly known as Heafner Tire Group, Inc. and
successor to The J.H. Heafner Company, Inc.) (the "COMPANY"), Texas Market
Tire, Inc., a Texas corporation ("TEXAS MARKET TIRE"), Texas Market Tire
Holdings I, Inc., a Texas corporation ("TMT HOLDINGS") (Texas Market Tire
and TMT Holdings collectively referred to as the "NEW SUBSIDIARY
GUARANTORS"), each other Subsidiary Guarantor under the Indenture referred
to below (collectively, the "SUBSIDIARY GUARANTORS"), WACHOVIA BANK,
NATIONAL ASSOCIATION, f/k/a First Union National Bank, as Trustee (the
"TRUSTEE"), under the Indenture referred to below.
WITNESSETH:
WHEREAS, the Company, the then existing Subsidiary Guarantors and
the Trustee have heretofore executed and delivered an Indenture, dated as of
December 1, 1998, as supplemented by the First Supplemental Indenture dated as
of February 22, 1999, the Second Supplemental Indenture dated as of May 14,
1999, the Third Supplemental Indenture dated as of May 25, 2000 and the Fourth
Supplemental Indenture dated as of March 27, 2002 (as so supplemented, the
"INDENTURE"), providing, among other things, for the authentication, delivery
and administration of the Company's 10% Senior Notes Due 2008, Series D (the
"SECURITIES").
WHEREAS, Section 4.12 of the Indenture provides that the Company is
required to cause each domestic Restricted Subsidiary (other than an Immaterial
Subsidiary that is neither a borrower nor a guarantor under the Credit Facility)
to execute and deliver to the Trustee a Guaranty Agreement pursuant to which
such Restricted Subsidiary will Guarantee payment of the Securities on the same
terms and conditions as those set forth in Article 10 of the Indenture;
WHEREAS, the Company is causing each of the New Subsidiary
Guarantors to execute this Supplemental Indenture in order to comply with the
terms of Section 4.12 of the Indenture and each of the New Subsidiary Guarantors
intends thereby to become bound as a Subsidiary Guarantor; and
WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee, the
existing Subsidiary Guarantors and the Company are authorized to execute and
deliver this Supplemental Indenture amending the Indenture, without the consent
of any Holder (as defined in the Indenture);
NOW, THEREFORE, in consideration of the foregoing and for other good
and valuable consideration, the receipt of which is hereby acknowledged, the New
Subsidiary Guarantors, the Company, the existing Subsidiary Guarantors and the
Trustee
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mutually covenant and agree for the equal and ratable benefit of the holders of
the Securities as follows:
ARTICLE I
DEFINITIONS
SECTION 1.1 Defined Terms. As used in this Supplemental Indenture,
terms defined in the Indenture or in the preamble or recital hereto are used
herein as therein defined, except that the term "Holders" in this Supplemental
Indenture shall refer to the term "Holders" as defined in the Indenture and the
Trustee acting on behalf or for the benefit of such Holders. The words "herein,"
"hereof" and "hereby" and other words of similar import used in this
Supplemental Indenture refer to this Supplemental Indenture as a whole and not
to any particular section hereof.
ARTICLE II
AGREEMENT TO BE BOUND; GUARANTEE
SECTION 2.1 Agreement to be Bound. Each New Subsidiary Guarantor
hereby becomes a party to the Indenture as a Subsidiary Guarantor and as such
will have all of the rights and be subject to all of the obligations and
agreements of a Subsidiary Guarantor under the Indenture. The New Subsidiary
Guarantors agree to be bound by all of the provisions of the Indenture
applicable to a Subsidiary Guarantor and to perform all of the obligations and
agreements of a Subsidiary Guarantor under the Indenture.
SECTION 2.2 Guarantee. The New Subsidiary Guarantors hereby fully,
unconditionally and irrevocably guarantee, jointly and severally with each other
Subsidiary Guarantor, to each Holder of the Securities and the Trustee and its
successors and assigns, the full and punctual payment when due, whether at
maturity, by acceleration, by redemption or otherwise and within applicable
grace periods, of the Obligations pursuant to Article 10 of the Indenture and on
the same terms and conditions of the Indenture.
ARTICLE III
MISCELLANEOUS
SECTION 3.1 Notices. All notices and other communications to the New
Subsidiary Guarantors shall be given as provided in Section 11.02 of the
Indenture.
SECTION 3.2 Parties. Nothing expressed or mentioned herein is
intended or shall be construed to give any Person, firm or corporation, other
than the Holders and the Trustee, any legal or equitable right, remedy or claim
under or in respect of this Supplemental Indenture or the Indenture or any
provision herein or therein contained.
SECTION 3.3 Governing Law. This Supplemental Indenture shall be
governed by the laws of the State of New York, but without giving effect to
applicable
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principles of conflicts of law to the extent that the application of the laws of
another jurisdiction would be required thereby.
SECTION 3.4 Severability Clause. In case any provision in this
Supplemental Indenture shall be invalid, illegal or unenforceable, the validity,
legality and enforceability of the remaining provisions shall not in any way be
affected or impaired thereby and such provision shall be ineffective only to the
extent of such invalidity, illegality or unenforceability.
SECTION 3.5 Ratification of Indenture; Supplemental Indenture Part
of Indenture. Except as expressly supplemented hereby, the Indenture is in all
respects ratified and confirmed and all the terms, conditions and provisions
thereof shall remain in full force and effect. This Supplemental Indenture shall
form a part of the Indenture for all purposes, and every Holder of Securities
heretofore or hereafter authenticated and delivered shall be bound hereby. The
Trustee makes no representation or warranty as to the validity or sufficiency of
this Supplemental Indenture.
SECTION 3.6 Counterparts. The parties hereto may sign one or more
copies of this Supplemental Indenture in counterparts, all of which together
shall constitute one and the same agreement.
SECTION 3.7 Headings. The headings of the Articles and the sections
in this Supplemental Indenture are for convenience of reference only and shall
not be deemed to alter or affect the meaning or interpretation of any provisions
hereof.
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IN WITNESS WHEREOF, the parties hereto have caused this Fifth
Supplemental Indenture to be duly executed as of the date first above written.
AMERICAN TIRE DISTRIBUTORS, INC.,
as the Company
By: /s/ Richard P. Johnson
-------------------------------------
Name: Richard P. Johnson
Title: Chairman & Chief Executive Officer
TEXAS MARKET TIRE, INC.,
as a New Subsidiary Guarantor
By: /s/ Richard P. Johnson
-------------------------------------
Name: Richard P. Johnson
Title: Chairman
By: /s/ J. Michael Gaither
-------------------------------------
Name: J. Michael Gaither
Title: Vice President and Secretary
TEXAS MARKET TIRE HOLDINGS I, INC.,
as a New Subsidiary Guarantor
By: /s/ Richard P. Johnson
-------------------------------------
Name: Richard P. Johnson
Title: Chairman
By: /s/ J. Michael Gaither
-------------------------------------
Name: J. Michael Gaither
Title: Vice President and Secretary
Signatures continued on following page
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T.O. HAAS TIRE COMPANY, INC.,
as a Subsidiary Guarantor
By: /s/ Richard P. Johnson
-------------------------------------
Name: Richard P. Johnson
Title: Chairman
By: /s/ J. Michael Gaither
-------------------------------------
Name: J. Michael Gaither
Title: Vice President and Secretary
T.O. HAAS HOLDING CO., INC.,
as a Subsidiary Guarantor
By: /s/ Richard P. Johnson
-------------------------------------
Name: Richard P. Johnson
Title: Chairman
By: /s/ J. Michael Gaither
-------------------------------------
Name: J. Michael Gaither
Title: Vice President and Secretary
THE SPEED MERCHANT, INC.,
as a Subsidiary Guarantor
By: /s/ Richard P. Johnson
-------------------------------------
Name: Richard P. Johnson
Title: Chairman
By: /s/ J. Michael Gaither
-------------------------------------
Name: J. Michael Gaither
Title: Vice President and Secretary
WACHOVIA BANK, NATIONAL ASSOCIATION,
as Trustee
By: /s/ Terry Hefner
-------------------------------------
Name: Terry Hefner
Title: Vice President
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