-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SBlDfMY+ICM34T6vtBELB/WZ42f5eMFS5Hb+d8ksQs0Ci8WBR+7gG9cWpZ21rnl+ 8ENaW1NUbTQCQHFm924eyw== 0001012975-02-000284.txt : 20020904 0001012975-02-000284.hdr.sgml : 20020904 20020904172533 ACCESSION NUMBER: 0001012975-02-000284 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20020904 GROUP MEMBERS: JAMES HAGEDORN GROUP MEMBERS: KATHERINE HAGEDORN LITTLEFIELD GROUP MEMBERS: PAUL HAGEDORN GROUP MEMBERS: PETER HAGEDORN GROUP MEMBERS: ROBERT HAGEDORN GROUP MEMBERS: SUSAN HAGEDORN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SCOTTS COMPANY CENTRAL INDEX KEY: 0000825542 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 311414921 STATE OF INCORPORATION: OH FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43716 FILM NUMBER: 02756855 BUSINESS ADDRESS: STREET 1: 14111 SCOTTSLAWN ROAD CITY: MARYSVILLE STATE: OH ZIP: 43041 BUSINESS PHONE: 6147195500 MAIL ADDRESS: STREET 1: 14111 SCOTTSLAWN ROAD STREET 2: N/A CITY: MARYSVILLE STATE: OH ZIP: 43041 FORMER COMPANY: FORMER CONFORMED NAME: CDS HOLDING CORP DATE OF NAME CHANGE: 19900104 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HAGEDORN PARTNERSHIPS L P CENTRAL INDEX KEY: 0000945527 IRS NUMBER: 113265232 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: SCOTTS MIRACLE-GRO PRODUCTS INC STREET 2: 800 PORT WASHINGTON BLVD CITY: PORT WASHINGTON STATE: NY ZIP: 11050 BUSINESS PHONE: 5168836550X151 MAIL ADDRESS: STREET 1: SCOTTS MIRACLE-GRO PRODUCTS INC STREET 2: 800 PORT WASHINGTON BLVD CITY: PORT WASHINGTON STATE: NY ZIP: 11050 SC 13D/A 1 e943336.txt ------------------------------ OMB APPROVAL ------------------------------ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 (Amendment No. 4)* THE SCOTTS COMPANY - -------------------------------------------------------------------------------- (Name of Issuer) COMMON SHARES, WITHOUT PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 810 186 106 - -------------------------------------------------------------------------------- (CUSIP Number) ROB MCMAHON c/o HAGEDORN PARTNERSHIP, L.P. 800 PORT WASHINGTON BLVD. PORT WASHINGTON, NJ 08540 WITH A COPY TO: RICHARD L. GOLDBERG PROSKAUER ROSE LLP 1585 BROADWAY NEW YORK, NY 10036 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) SEPTEMBER 4, 2002 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of This Statement) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. Page 2 of 11 SCHEDULE 13D CUSIP No. 810 186 106 ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS Hagedorn Partnership, L.P. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) EIN 11-3265232 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS*: OO ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF -0- SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 10,044,113 _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 10,044,113 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,044,113 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.8% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON*: PN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 3 of 11 SCHEDULE 13D CUSIP No. 810 186 106 ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS Katherine Hagedorn Littlefield I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS*: OO ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF -0- SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 10,044,113 _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 186,600 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 9,857,513 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,044,113 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.8% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON*: IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 4 of 11 SCHEDULE 13D CUSIP No. 810 186 106 ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS James Hagedorn I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS*: OO ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF -0- SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 10,044,113 _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 226,600 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 9,857,513 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,044,113 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.8% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON*: IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 5 of 11 SCHEDULE 13D CUSIP No. 810 186 106 ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS Paul Hagedorn I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS*: OO ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United Staates of America ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF -0- SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 10,044,113 _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 156,620 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 9,885,493 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,044,113 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.8% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON*: IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 6 of 11 SCHEDULE 13D CUSIP No. 810 186 106 ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS Peter Hagedorn I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS*: OO ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF -0- SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 10,044,113 _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 101,970 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 9,942,143 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,044,113 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.8% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON*: IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 7 of 11 SCHEDULE 13D CUSIP No. 810 186 106 ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS Robert Hagedorn I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS*: OO ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF -0- SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 10,044,113 _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 196,600 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 9,847,513 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,044,113 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.8% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON*: IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 8 of 11 SCHEDULE 13D CUSIP No. 810 186 106 ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS Susan Hagedorn I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS*: OO ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF -0- SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 10,044,113 _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 196,600 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 9,847,513 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,044,113 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.8% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON*: IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 9 of 11 ITEM 1. SECURITY AND ISSUER By this Amendment No. 4, Hagedorn Partnership. L.P. (the "Partnership") further amends and supplements the responses to Items 2, 3, 4 and 7 of its Statement on Schedule 13D, as heretofore amended (the "Schedule 13D"), filed with respect to the common shares, without par value (the "Shares"), of The Scotts Company, an Ohio corporation ("Scotts"). Capitalized terms not otherwise defined have the meanings set forth in the Schedule 13D. Scotts' principal executive offices are located at 14111 Scottslawn Road, Marysville, Ohio 43041. ITEM 2. IDENTITY AND BACKGROUND The information set forth in Schedule I filed with Amendment No. 2 to the Schedule 13D is hereby amended to state that James Hagedorn was appointed President and Chief Executive Officer of Scotts in May 2001. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Partnership's exercise of the Warrants was a cashless exercise and no cash was paid for the Shares. The partnership exercised 1,140,750 Warrants and received 467,092 Shares. ITEM 4. PURPOSE OF TRANSACTION Under the Liquidity Plan, the Partnership is to exercise in full the Warrants, which represent the right to purchase an aggregate of 2,933,358 shares of Scotts Common Shares, through one or more cashless exercises (i.e., by having Scotts withhold, upon exercise, that number of Shares having an aggregate market value equal to the aggregate exercise price of the Warrants then being exercised in lieu of paying the exercise price in cash) prior to the expiration of the Warrants on November 19, 2003, and sell or distribute the Shares received upon exercise for cash as soon as possible after such exercise. On August 21, 2002, the Partnership exercised its rights under the Warrants to purchase Shares through the cashless exercises of the Series B and Series C Warrants and received a total of 467,092 Shares. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS The following additional exhibits are added to the Schedule 13D: (k) Third Amendment, dated as of July 20, 2001, to Amended and Restated Agreement of Limited Partnership of Hagedorn Partnership, L.P. (l) Amendment No. 1 dated as of July 20, 2001 to the Liquidity Plan adopted as of July 28, 2000 by the General Partners of Hagedorn Partnership, L.P. Page 10 of 11 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. HAGEDORN PARTNERSHIP, L.P. September 4, 2002 By:/s/ Katherine Hagedorn Littlefield ------------------------------------ Name: Katherine Hagedorn Littlefield Title: General Partner KATHERINE HAGEDORN LITTLEFIELD /s/ Katherine Hagedorn Littlefield --------------------------------------- JAMES HAGEDORN By:/s/ Katherine Hagedorn Littlefield ------------------------------------ Name: Katherine Hagedorn Littlefield Title: Attorney-in-Fact PAUL HAGEDORN By:/s/ Katherine Hagedorn Littlefield ------------------------------------ Name: Katherine Hagedorn Littlefield Title: Attorney-in-Fact PETER HAGEDORN By:/s/ Katherine Hagedorn Littlefield ------------------------------------ Name: Katherine Hagedorn Littlefield Title: Attorney-in-Fact ROBERT HAGEDORN By:/s/ Katherine Hagedorn Littlefield ------------------------------------ Name: Katherine Hagedorn Littlefield Title: Attorney-in-Fact SUSAN HAGEDORN By:/s/ Katherine Hagedorn Littlefield ------------------------------------ Name: Katherine Hagedorn Littlefield Title: Attorney-in-Fact Page 11 of 11 EX-99 3 e31275.txt EXHIBIT K THIS THIRD AMENDMENT TO AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF HAGEDORN PARTNERSHIP, L.P., as amended (the "Partnership Agreement"), is made as of the 20th day of July, 2001, by the General Partners of the Partnership (the "Third Amendment"). WHEREAS, the General Partners have unanimously adopted, as of July 20, 2001, an Amendment No. 1 (the "Plan Amendment") to the Hagedorn Partnership, L.P. Liquidity Plan (the "Liquidity Plan") at the regular meeting of the General Partners held on July 20, 2001; WHEREAS, in connection with the adoption of the Liquidity Plan, the General Partners adopted the Second Amendment, dated as of July 28, 2000, to the Partnership Agreement (the "Second Amendment"), implementing certain terms of the Liquidity Plan; WHEREAS, implementation of the Plan Amendment requires the amendment of certain of the provisions of the Partnership Agreement added by the Second Amendment; NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, the parties hereto agree as follows: 1. Defined Terms. ------------- Capitalized terms used herein (including in the introduction and recitals above) and not otherwise defined have the respective meanings assigned to them in the Partnership Agreement or in the Liquidity Plan, as applicable. 2. Amendments. ---------- (a) Section 2(c) of the Second Amendment is hereby amended by deleting the phrase "Section 5(b) of the Liquidity Plan" in the second line thereof and replacing it then with the phrase "Section 5(a) of the Liquidity Plan". (b) Section 2(e) of the Second Amendment is hereby amended and restated to read in its entirety as follows: "(e) Following any sale or distribution of Scotts Common Stock by the Partnership pursuant to Section 2(a) or Section 3(a) of the Liquidity Plan, (A) the amounts otherwise distributable by the Partnership pursuant to Section 4 of the Partnership Agreement to the holders of any Class of Interests that received all or a portion of such distribution with respect to dividends or other distributions on, or proceeds from the sale of, shares of Scotts Common Stock owned by the Partnership (excluding sales or distributions pursuant to Sections 2, 3 or 5 of the Liquidity Plan) shall be reduced by the amount by which (i) the reduction in the amount of those dividends, distributions or sale proceeds derived by the Partnership as a result of the reduction of the Partnership's holdings of Scotts Common Stock caused by such sale or distribution pursuant to Section 2(a) or Section 3(a) of the Liquidity Plan exceeds (ii) the reduction in the amount of those dividends, distributions or sale proceeds that is distributable to the Charity as a result of such reduction in the Partnership's holdings of Scotts Common Stock, and the amounts of Income otherwise allocable by the Partnership to the holders of such Class of Interests pursuant to Section 3 of the Partnership Agreement shall be reduced in a parallel manner." 3. Miscellaneous. ------------- (a) Except as expressly amended by this Third Amendment, the Partnership Agreement shall remain in full force and effect in accordance with its terms. (b) Captions contained in this Third Amendment are inserted only as a matter of convenience and in no way define, limit or extend the scope or intent of this Second Amendment or any provision hereof. (c) This Third Amendment may be executed in one or more counterparts, which may include facsimile counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument. IN WITNESS WHEREOF, the General Partners hereto have executed this Agreement as of the day and in the year first above written. /s/ James Hagedorn ------------------------------------ James Hagedorn /s/ Katherine Hagedorn Littlefield ------------------------------------ Katherine Hagedorn Littlefield /s/ Paul Hagedorn ------------------------------------ Paul Hagedorn /s/ Peter Hagedorn ------------------------------------ Peter Hagedorn /s/ Robert Hagedorn ------------------------------------ Robert Hagedorn /s/ Susan Hagedorn ------------------------------------ Susan Hagedorn EX-99 4 e854156.txt EXHIBIT L HAGEDORN PARTNERSHIP, L.P. ------------------------- AMENDMENT NO. 1 TO LIQUIDITY PLAN ------------------------- JULY 20, 2001 HAGEDORN PARTNERSHIP, L.P. ------------------------- Amendment No. 1 to Liquidity Plan ------------------------- The Liquidity Plan (the "Plan"), adopted as of July 28, 2000 (the "Effective Date"), by the general partners of Hagedorn Partnership, L.P., a Delaware limited partnership (the "Partnership"), in accordance with Article V of the Amended and Restated Agreement of Limited Partnership of Hagedorn Partnership, L.P., as amended (the "Partnership Agreement"), is hereby amended, in accordance with Section 7 of the Plan and Article V of the Partnership Agreement. 1. Defined Terms. (a) Capitalized terms used herein and not otherwise defined have the respective meanings assigned to them in the Plan. 2. Amendment. Section 2 of the Plan is hereby amended by adding the following sentence at the end of Section 2(a) thereof: The Partnership shall give each of the General Partners at least 15 days' prior written notice of each distribution of Scotts Common Stock to be made pursuant to this Section 2(a) and, notwithstanding anything in this Section 2(a) to the contrary, each General Partner may elect, by written notice to the Partnership given at least five days' prior to the date of either such distribution, to defer (to such later date or dates from time to time designated by written notice to the Partnership) the making of such distribution with respect to the holders of the Class of Interests held by such General Partner. 3. Full Force and Effect. Except as expressly modified above, the Plan remains in full force and effect in accordance with its terms. -2- -----END PRIVACY-ENHANCED MESSAGE-----