PART I Financial Information
Exhibit 4.06.1
LEHMAN BROTHERS
Termination Agreement
5 June, 2003 CSK Auto, Inc.
645 East Missouri Ave.
Suite 400
Phoenix, AZ 85012 Don Watson
Facsimile:   ###-###-####
Telephone:   ###-###-#### Lehman Brothers Special Financing Inc.
Cathy King Transaction Management Group
Facsimile:   ###-###-#### (United States of America)
Telephone   ###-###-#### Termination 320435 222218
Dear Sir or Madam:
Reference is made to the transaction (the Transaction) entered into between Lehman Brothers Special Financing Inc. (Party A) and CSK Auto, Inc. (Party B) on 07 February, 2002, further details of which are specified below. This communication (the Termination Agreement) confirms Party As and Party Bs agreement to terminate the Transaction and all rights, obligations and liabilities of Party A and Party B thereunder (except in respect of any payment or delivery due on or before 05 June, 2003 (the Termination Effective Date) under the Transaction which remain unsatisfied as of the Termination Effective Date for the consideration specified below.
This Termination Agreement incorporates by reference the confirmation of the Transaction (the Confirmation). Capitalized terms not defined herein have the meanings specified in the Confirmation.
In the event of any inconsistency between the provisions of this Termination Agreement and the Confirmation, this Termination Agreement will prevail.
The terms of the original Transaction to which this Termination Agreement relates are as follows:
215568 07 February, 2002 USD 100,000,000.00 15 June, 2006, subject to adjustment in accordance with the Modified Following Business Day Convention.
In consideration of the termination of the Transaction, on 05 June, 2003, Party A shall pay to Party B the sum of USD 9,700,000.00.
LEHMAN BROTHERS SPECIAL FINANCING INC.
This Termination Agreement constitutes the entire agreement and understanding of the parties with respect to the termination of the Transaction.
Please confirm that the foregoing correctly sets forth the terms of our agreement with respect to the termination of the Transaction by signing in the space provided below and sending a copy of the executed Termination Agreement to us at facsimile number ###-###-#### (United States of America), Attention: Documentation.
Yours sincerely, Lehman Brothers Special Financing Inc. By: /s/ Diana Nottingham Name: Diana Nottingham Title: Vice President | Accepted and agreed to: CSK Auto, Inc. By: /s/ Don W. Watson Name: Don W. Watson Title: Chief Financial Officer & Treasurer |
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