Supplemental Indenture

EX-4.3 5 k05171exv4w3.txt SUPPLEMENTAL INDENTURE Exhibit 4.3 SUPPLEMENTAL INDENTURE SUPPLEMENTAL INDENTURE (this "Supplemental Indenture"), dated as of May 5, 2006, among UAG Minneapolis B1, LLC, JS Imports, LLC, Palm Auto Plaza, LLC, West Palm Nissan, LLC, UAG Boston FMM, LLC, UAG Boston FMB, LLC, UAG Boston FML, LLC, UAG Boston FMR, LLC and UAG Boston Bentley, LLC (each a "Guaranteeing Subsidiary"), each a subsidiary of United Auto Group, Inc. (or its permitted successor), a Delaware corporation (the "Company"), the Company, the other Guarantors (as defined in the Indenture referred to herein) and J.P. Morgan Trust Company, National Association, as trustee under the Indenture referred to below (the "Trustee"). WITNESSETH WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture (the "Indenture"), dated as of January 31, 2006 providing for the issuance of 3.50% Senior Subordinated Convertible Notes due 2026 (the "Notes"); WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Company's Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the "Note Guarantee"); and WHEREAS, pursuant to Section 10.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture. NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows: 1. CAPITALIZED TERMS. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. 2. AGREEMENT TO GUARANTEE. The Guaranteeing Subsidiary hereby agrees to provide a Guarantee on the terms and subject to the conditions set forth in the Guarantee and in the Indenture including but not limited to Article 12 thereof, including the subordination provisions thereof. 4. NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiary(ies), as such, shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary(ies) under the Notes, any Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Notes or any Guarantee by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes and this Guarantee. 5. NEW YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 6. COUNTERPARTS. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 7. EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof. 8. THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Company. IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first above written. Dated as of May 5, 2006 SIGNATURES AUTO MALL PAYROLL SERVICES, INC. BRETT MORGAN CHEVROLET-GEO, INC. CENTRAL FORD CENTER, INC. CJNS, LLC CLASSIC AUTO GROUP, INC. CLASSIC ENTERPRISES, LLC CLASSIC IMPORTS, INC. CLASSIC MANAGEMENT COMPANY, INC. CLASSIC MOTOR SALES, LLC CLASSIC NISSAN OF TURNERSVILLE, LLC CLASSIC TURNERSVILLE, INC. COVINGTON PIKE DODGE, INC. D. YOUNG CHEVROLET, LLC DAN YOUNG CHEVROLET, INC. DAN YOUNG MOTORS, LLC DEALER ACCESSORIES, LLC DIFEO PARTNERSHIP, LLC EUROPA AUTO IMPORTS, INC. FLORIDA CHRYSLER PLYMOUTH, INC. FRN OF TULSA, LLC GENE REED CHEVROLET, INC. GMG MOTORS, INC. GOODSON NORTH, LLC GOODSON PONTIAC-GMC, LLC GOODSON SPRING BRANCH, LLC HT AUTOMOTIVE, LTD. KMPB, LLC KMT/UAG, INC. LANDERS AUTO SALES, LLC LANDERS BUICK PONTIAC, INC. LANDERS FORD NORTH, INC. LANDERS FORD, INC. LANDERS NISSAN, LLC LANDERS UNITED AUTO GROUP NO. 2, INC. LATE ACQUISITION I, LLC LATE ACQUISITION II, LLC LMNS, LLC LRP, LTD. MICHAEL CHEVROLET-OLDSMOBILE, INC. MOTORCARS ACQUISITION II, LLC MOTORCARS ACQUISITION III, LLC MOTORCARS ACQUISITION IV, LLC MOTORCARS ACQUISITION V, LLC MOTORCARS ACQUISITION VI, LLC MOTORCARS ACQUISITION, LLC NATIONAL CITY FORD, INC. NISSAN OF NORTH OLMSTED, LLC PEACHTREE NISSAN, INC. PMRC, LLC REED-LALLIER CHEVROLET, INC. RELENTLESS PURSUIT ENTERPRISES, INC. SA AUTOMOTIVE, LTD. SAU AUTOMOTIVE, LTD. SCOTTSDALE FERRARI, LLC SCOTTSDALE JAGUAR, LTD. SCOTTSDALE MANAGEMENT GROUP, LTD. SIGMA MOTORS, INC. SK MOTORS, LTD. SL AUTOMOTIVE, LTD. SOMERSET MOTORS, INC. SUN MOTORS, LTD. THE NEW GRACELAND DODGE, INC. TRI-CITY LEASING, INC. UAG ATLANTA H1, LLC UAG ATLANTA IV MOTORS, INC. UAG CAPITOL, INC. UAG CARIBBEAN, INC. UAG CAROLINA, INC. UAG CENTRAL FLORIDA MOTORS, LLC UAG CENTRAL REGION MANAGEMENT, INC. UAG CERRITOS, LLC UAG CHCC, INC. UAG CHEVROLET, INC. UAG CITRUS MOTORS, LLC UAG CLASSIC, INC. UAG CLOVIS, INC. UAG CONNECTICUT, LLC UAG DULUTH, INC. UAG EAST, LLC UAG ESCONDIDO A1, INC. UAG ESCONDIDO H1, INC. UAG ESCONDIDO M1, INC. UAG FAYETTEVILLE I, LLC UAG FAYETTEVILLE II, LLC UAG FAYETTEVILLE III, LLC UAG FINANCE COMPANY, INC. UAG GRACELAND II, INC. UAG HUDSON, INC. UAG INTERNATIONAL HOLDINGS, INC. UAG KISSIMMEE MOTORS, INC. UAG LANDERS SPRINGDALE, LLC UAG LOS GATOS, INC. UAG MARIN, INC. UAG MEMPHIS II, INC. UAG MEMPHIS IV, INC. UAG MEMPHIS MANAGEMENT, INC. UAG MICHIGAN CADILLAC, LLC UAG MICHIGAN H1, LLC UAG MICHIGAN H2, LLC UAG MICHIGAN PONTIAC-GMC, LLC UAG MICHIGAN T1, LLC UAG MICHIGAN TMV, LLC UAG NANUET I, LLC UAG NANUET II, LLC UAG NEVADA LAND, LLC UAG NORTHEAST, LLC UAG OLDSMOBILE OF INDIANA, LLC UAG PHOENIX VC, LLC UAG ROYAL PALM, LLC UAG SAN DIEGO A1, INC. UAG SAN DIEGO AU, INC. UAG SAN DIEGO H1, INC. UAG SAN DIEGO JA, INC. UAG SAN DIEGO MANAGEMENT, INC. UAG SOUTHEAST, INC. UAG SPRING, LLC UAG STEVENS CREEK II, INC. UAG SUNNYVALE, INC. UAG TORRANCE, INC. UAG TULSA JLM, LLC UAG TULSA VC, LLC UAG TURNERSVILLE MOTORS, LLC UAG VC II, LLC UAG VK, LLC UAG WEST BAY AM, LLC UAG WEST BAY FM, LLC UAG WEST BAY IA, LLC UAG WEST BAY IAU, LLC UAG WEST BAY IB, LLC UAG WEST BAY II, LLC UAG WEST BAY IL, LLC UAG WEST BAY IM, LLC UAG WEST BAY IN, LLC UAG WEST BAY IP, LLC UAG WEST BAY IV, LLC UAG WEST BAY IW, LLC UAG WEST, LLC UAG YOUNG AUTOMOTIVE GROUP, LLC UAG YOUNG II, INC. UAG/PFS, INC. UNITED FORD BROKEN ARROW, LLC UNITED FORD NORTH, LLC UNITED FORD SOUTH, LLC UNITED NISSAN, INC. (A GEORGIA CORPORATION) UNITED NISSAN, INC. (A TENNESSEE CORPORATION) UNITED RANCH AUTOMOTIVE, LLC UNITEDAUTO DODGE OF SHREVEPORT, INC. UNITEDAUTO SCOTTSDALE PROPERTY HOLDINGS, LLC WEST PALM AUTO MALL, INC. WESTBURY SUPERSTORE, LTD. YOUNG AUTOMOTIVE HOLDINGS, LLC YOUNG MANAGEMENT GROUP, INC. By: /s/ Robert H. Kurnick, Jr. ------------------------------------ Name: Robert H. Kurnick, Jr. Title: Assistant Secretary ATLANTIC AUTO FUNDING CORPORATION ATLANTIC AUTO SECOND FUNDING CORPORATION ATLANTIC AUTO THIRD FUNDING CORPORATION UAG MICHIGAN HOLDINGS, INC. UAG NORTHEAST BODY SHOP, INC. UAG REALTY, LLC UAG TEXAS II, INC. UAG TEXAS, LLC UAG TULSA HOLDINGS, LLC UAG TURNERSVILLE REALTY, LLC UNITEDAUTO FIFTH FUNDING, INC. UNITED AUTO LICENSING, LLC UNITED AUTOCARE PRODUCTS, LLC UNITEDAUTO FINANCE, INC. UNITEDAUTO FOURTH FUNDING INC. By: /s/ Robert H. Kurnick, Jr. ------------------------------------ Name: Robert H. Kurnick, Jr. Title: Secretary DIFEO HYUNDAI PARTNERSHIP DIFEO NISSAN PARTNERSHIP DIFEO CHRYSLER PLYMOUTH JEEP EAGLE PARTNERSHIP DIFEO LEASING PARTNERSHIP DANBURY AUTO PARTNERSHIP DIFEO TENAFLY PARTNERSHIP OCT PARTNERSHIP HUDSON MOTORS PARTNERSHIP COUNTY AUTO GROUP PARTNERSHIP SOMERSET MOTORS PARTNERSHIP By: DIFEO PARTNERSHIP, LLC A general partner By: /s/ Robert H. Kurnick, Jr. ------------------------------------ Name: Robert H. Kurnick, Jr. Title: Assistant Secretary SHANNON AUTOMOTIVE, LTD. UAG HOUSTON ACQUISITION, LTD. By: UAG TEXAS II, INC., a general partner By: /s/ Robert H. Kurnick, Jr. ------------------------------------ Name: Robert H. Kurnick, Jr. Title: Secretary WTA MOTORS, LTD. By: LATE ACQUISITION II, LLC, a general partner By: /s/ Robert H. Kurnick, Jr. ------------------------------------ Name: Robert H. Kurnick, Jr. Title: Assistant Secretary UAG GD, LTD. UAG GN, LTD. UAG GP, LTD. UAG GW, LTD. By: UAG HOUSTON ACQUISITION, LTD., a general partner By: UAG TEXAS II, INC., a general partner By: /s/ Robert H. Kurnick, Jr. ------------------------------------ Name: Robert H. Kurnick, Jr. Title: Secretary UAG MINNEAPOLIS B1, LLC JS IMPORTS, LLC PALM AUTO PLAZA, LLC WEST PALM NISSAN, LLC UAG BOSTON FMM, LLC UAG BOSTON FMB, LLC UAG BOSTON FML, LLC UAG BOSTON FMR, LLC UAG BOSTON BENTLEY, LLC WEST PALM S1, LLC By: /s/ Robert H. Kurnick, Jr. ------------------------------------ Name: Robert H. Kurnick, Jr. Title: Assistant Secretary UNITED AUTO GROUP, INC. By: /s/ Shane M. Spradlin ------------------------------------ Name: Shane M. Spradlin Title: Vice President and Secretary J.P.MORGAN TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE By: /s/ George Reaves ------------------------------------ Name: George Reaves Title: Vice President