Supplement to Series Supplement for Prudential Financial Note-Backed Series 2003-20 between Lehman ABS Corporation and U.S. Bank Trust National Association
Summary
This supplement, dated January 15, 2004, amends a previous agreement between Lehman ABS Corporation (as Depositor) and U.S. Bank Trust National Association (as Trustee) regarding the issuance of Corporate Backed Trust Certificates, Prudential Financial Note-Backed Series 2003-20. The Depositor sells an additional $15,653,000 in underlying securities to the trust, which in turn issues more certificates and related call warrants. All other terms of the original agreement remain in effect. The agreement is governed by New York law.
EX-4.1 3 efc4-0073_5489348exh41.txt Exhibit 4.1 SUPPLEMENT TO SERIES SUPPLEMENT PRUDENTIAL FINANCIAL NOTE-BACKED SERIES 2003-20 ----------------------------------------------- THIS SUPPLEMENT, dated as of January 15, 2004 (this "Supplement"), to the Series Supplement, dated as of December 22, 2003 (the "Series Supplement") between Lehman ABS Corporation, as depositor (the "Depositor") and U.S. Bank Trust National Association, as the trustee (the "Trustee" and together with the Depositor, the "Parties"). W I T N E S S E T H: - - - - - - - - - - WHEREAS, the Parties entered into the Series Supplement for the purpose of setting forth, among other things, certain supplemental information with respect to the issuance of certificates initially designated Corporate Backed Trust Certificates, Prudential Financial Note-Backed Series 2003-20. NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, the Parties hereby agree as follows: 1. Pursuant to Section 3(d) of the Series Supplement, the Depositor hereby sells to the Trust an additional $15,653,000 of Underlying Securities and the Trust hereby issues an additional 600,032 Class A-1 Certificates with an initial aggregate Certificate Principal Balance of $15,000,800 and additional Class A-2 Certificates with an initial aggregate Certificate Principal Balance of $652,200 (the "Additional Certificates"). The Additional Certificates shall have an original issue date of even date herewith. The Trust is also issuing call warrants with respect to the Additional Certificates (the "Additional Call Warrants"). The descriptions of the Underlying Securities, the Certificates and the Call Warrants in the Series Supplement, including the Schedules and Exhibits thereto, shall be deemed to be amended mutatis mutandis. 2. Effect of Supplement. Except as supplemented hereby, the Series Supplement is ratified and confirmed and continues in full force and effect. 3. Counterparts. This Supplement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. 4. Governing Law. THIS SUPPLEMENT AND THE TRANSACTIONS DESCRIBED HEREIN SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO THE CHOICE OF LAWS PROVISIONS THEREOF OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 5. Headings. The headings of Sections contained in this Amendment are provided for convenience only. They form no part of this Amendment or the Series Supplement and shall not affect the construction or interpretation of this Amendment or Series Supplement or any provisions hereof or thereof. 2 IN WITNESS WHEREOF, the parties hereto have caused this Supplement to the Series Supplement to be duly executed by their respective officers hereunto duly authorized, as of the day and year first above written. LEHMAN ABS CORPORATION By: /s/ Paul Mitrokostas ----------------------------- Name: Paul Mitrokostas Title: Senior Vice President U.S. BANK TRUST NATIONAL ASSOCIATION, not in its individual capacity but solely as Trustee on behalf of the Corporate Backed Trust Certificates, Prudential Financial Note-Backed Series 2003-20 Trust By: /s/ David J. Kolibachuk ----------------------------- Name: David J. Kolibachuk Title: Vice President 3
