EX-4.44 4 u00259exv4w44.htm EX-4.44 AMENDMENT NO.2 EFFECTIVE AS OF APRIL 22, 2009 TO THE SETTLEMENT AND SALE AND PURCHASE AGREEMENT DATED MARCH 6, 2009, AS AMENDED ON APRIL 15, 2009. EX-4.44 Amendment to Settlement and Purchase Agmt
Exhibit 4.44
AMENDMENT NO. 2 TO
SETTLEMENT AND PURCHASE AND SALE AGREEMENT
     This Amendment No. 2 to Settlement and Purchase and Sale Agreement (this “Amendment”) is made effective as of April 22, 2009, and amends that certain Settlement and Purchase and Sale Agreement, dated March 6, 2009, as amended on April 15, 2009, (the “PSA”), by and among ASARCO LLC, a Delaware limited liability company; AR Silver Bell, Inc., a Delaware corporation; Copper Basin Railway, Inc., a Delaware corporation; ASARCO Santa Cruz, Inc., a Delaware corporation; Sterlite (USA), Inc., a Delaware corporation; and Sterlite Industries (India) LTD, an Indian limited liability company. Capitalized terms used herein, but not otherwise defined, shall have the respective meanings ascribed to such terms in the PSA.
     WHEREAS, the parties desire to amend the term “Sterlite Agreed Order,” as defined by the PSA, by replacing Exhibit M-2 to the PSA with the order attached hereto as Exhibit A;
     NOW, THEREFORE, in consideration of the premises and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties agree as follows:
     1. For all purposes under the PSA, Exhibit M-2 to the PSA is hereby replaced with the order attached hereto as Exhibit A, and the Parties agree that the term “Sterlite Agreed Order,” as defined by the PSA, is meant to refer to such attached order.
     2. Except as set forth herein, all other terms of the PSA shall remain unchanged and in full force and effect.
     3. This Amendment shall be subject to all of the terms and provisions set forth in the PSA that apply to the PSA (and such terms and provisions shall apply to this Amendment) or to any amendments or modifications thereto, including, without limitation, Article XV thereof.
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     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first written above.
         
  SELLERS:

ASARCO LLC, a Delaware limited liability
company
 
 
  By:   /s/ Joseph F. Lapinsky    
  Name:   JOSEPH F. LAPINSKY   
  Title:   PRESIDENT & CEO   
 
  AR SILVER BELL, INC., a Delaware
corporation
 
 
  By:   /s/ Douglas E. McAllister    
  Name:   DOUGLAS E. McALLISTER   
  Title:   PRESIDENT & SECRETARY   
 
  COPPER BASIN RAILWAY, INC., a
Delaware corporation
 
 
  By:   /s/ Douglas E. McAllister    
  Name:   DOUGLAS E. McALLISTER   
  Title:   VICE PRESIDENT   
 
  ASARCO SANTA CRUZ, INC., a
Delaware corporation
 
 
  By:   /s/ Douglas E. McAllister    
  Name:   DOUGLAS E. McALLISTER   
  Title:   PRESIDENT & SECRETARY   
 
  PURCHASER:

STERLITE (USA), INC.
 
 
  By:   /s/ C.V. KRISHNAN    
  Name:   C.V. KRISHNAN   
  Title:   President   
 
  GUARANTOR:

STERLITE INDUSTRIES (INDIA) LTD.
 
 
  By:   /s/ C.V. Krishnan    
  Name:   C.V. KRISHNAN   
  Title:   Managing Director (Power)