AMENDMENT NO. 3 TO RIGHTS AGREEMENT

EX-4.1 3 w24002exv4w1.htm AMENDMENT NO. 3 TO RIGHTS AGREEMENT exv4w1
 

Exhibit 4.1
AMENDMENT NO. 3 TO RIGHTS AGREEMENT
     This Amendment No. 3 to Rights Agreement (“Amendment No. 3”), dated as of August 4, 2006, is by and between OPINION RESEARCH CORPORATION, a Delaware corporation (the “Company”), and STOCKTRANS, INC. (the “Rights Agent”).
W I T N E S S E T H :
     WHEREAS, on September 13, 1996 the Company and the Rights Agent entered into a Rights Agreement (the “Original Agreement”);
     WHEREAS, on August 8, 1998, the Company and the Rights Agent entered into Amendment No. 1 (“Amendment No. 1”) to the Original Agreement;
     WHEREAS, on August 31, 2000, the Company and the Rights Agent entered into Amendment No. 2 (“Amendment No. 2”) to the Original Agreement (the Original Agreement, as amended by Amendment No. 1 and Amendment No. 2, is hereinafter referred to as the “Agreement”, the terms of which are incorporated herein by reference and made a part hereof); and
     WHEREAS, the Company, with the unanimous approval of the Board of Directors of the Company, has duly authorized the execution and delivery of this Amendment No. 3 and this Amendment No. 3 is executed by the Company and the Rights Agent pursuant to Section 26 of the Agreement.
     NOW, THEREFORE, in consideration of the premises and mutual agreements herein set forth, and intending to be legally bound hereby, the parties hereto agree that the Agreement shall be and hereby is amended as follows:
     1. Defined Terms. Terms defined in the Agreement and used and not otherwise defined herein shall have the meanings given to them in the Agreement.
     2. Amendment of Section 1. Section 1 of the Agreement is amended to add the following at the end of the paragraph entitled “Acquiring Person”:
“Notwithstanding anything to the contrary contained in this Agreement, neither infoUSA Inc., a Delaware corporation (“infoUSA”), nor Spirit Acquisition, Inc., a Delaware corporation and a wholly owned subsidiary of infoUSA (“Spirit Acquisition”), shall at any time come within the definition of an Acquiring Person as a result of the transactions contemplated by the Agreement and Plan of Merger, dated as of August 4, 2006, among infoUSA, Spirit Acquisition and the Company (as such agreement may be amended from time to time, the “Merger Agreement”).”
     3. Amendment of Section 3(a). Section 3(a) of the Agreement is hereby amended to add the following paragraph at the end thereof:

 


 

     “Notwithstanding anything to the contrary contained in this Agreement, the occurrence of (A) the approval, execution and consummation of the transactions contemplated by the Merger Agreement and the Voting Agreement (as defined in the Merger Agreement), (B) the consummation of the transactions contemplated by the Merger Agreement or (C) the announcement of any of the foregoing events will not, individually or collectively, cause (i) the Rights to become exercisable or (ii) the occurrence of a Distribution Date, a Triggering Event or a Stock Acquisition Date.”
     5. Rights Agreement as Amended. The term “Agreement” as used in the Agreement shall be deemed to refer to the Agreement as amended hereby and this Amendment No. 3 shall be effective as of August 4, 2006. It is expressly understood and agreed that except as provided above, all terms, conditions and provisions contained in the Agreement shall remain in full force and effect without any further change or modification whatsoever.
     6. Miscellaneous. This Amendment No. 3 shall for all purposes be governed by and construed in accordance with the laws of the State of Delaware.
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     IN WITNESS WHEREOF, the parties have caused this Amendment No. 3 to Rights Agreement to be duly executed as of the day and year first above written.
             
Attest:   OPINION RESEARCH CORPORATION
 
 
By:   /s/ Kevin P. Croke   By:   /s/ Douglas L. Cox
  Name:  Kevin P. Croke       Name:  Douglas L. Cox  
  Title:  Executive Vice President —       Title:  Chief Financial Officer  
             Corporate Finance           
 
Attest:   STOCKTRANS, INC.
 
 
By:   /s/ Angela L. Lamb   By:   /s/ Robert J. Winterle
  Name:  Angela L. Lamb       Name:  Robert J. Winterle  
  Title:  Asst. Vice President       Title:   Vice President  

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