Page. Section 1. Certain Definitions 1 Section 2. Appointment of Rights Agent 6 Section 3. Issue of Rights Certificates 6 Section 4. Form of Rights Certificates 8 Section 5. Countersignature and Registration 8 Section 6. Transfer, Split Up, Combination and Exchange of Rights Certificates; Mutilated, Destroyed, Lost or Stolen Rights Certificates 9 Section 7. Exercise of Rights; Purchase Price; Expiration Date of Rights 10 Section 8. Cancellation and Destruction of Rights Certificates 11 Section 9. Reservation and Availability of Capital Stock 11 Section 10. Preferred Stock Record Date 13 Section 11. Adjustment of Purchase Price, Number and Kind of Shares or Number of Rights 13 Section 12. Certificate of Adjusted Purchase Price or Number of Shares 21 Section 13. Consolidation, Merger or Sale or Transfer of Assets or Earning Power 21 Section 14. Fractional Rights and Fractional Shares 23 Section 15. Rights of Action 24 Section 16. Agreement of Rights Holders 24 Section 17. Rights Certificate Holder Not Deemed a Stockholder 25 Section 18. Concerning the Rights Agent 25 Section 19. Merger or Consolidation or Change of Name of Rights Agent 26 Section 20. Duties of Rights Agent 27 Section 21. Change of Rights Agent 29 Section 22. Issuance of New Rights Certificates 29 Section 23. Redemption and Termination 30 Section 24. Exchange 30 Section 25. Notice of Certain Events 31 Section 26. Notices 32 Section 27. Supplements and Amendments 33 Section 28. Successors 33 Section 29. Determinations and Actions by the Board of Directors, etc. 33 Section 30. Benefits of this Agreement 34 Section 31. Severability 34 Section 32. Governing Law 34 Section 33. Counterparts 34 Section 34. Descriptive Headings 34 Exhibit A — Form of Certificate of Designation Exhibit B — Form of Rights Certificate Exhibit C — Form of Summary of Rights STOCKHOLDER RIGHTS AGREEMENT, dated as of , 2005 (the “Agreement”), between ▇▇▇▇▇*s, INC., a Delaware corporation (the “Company”), and AMERICAN STOCK TRANSFER & TRUST COMPANY as Rights Agent (the “Rights Agent”).
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Page. Section 1. Certain Definitions 1 Section 2. Appointment of Rights Agent 6 Section 3. Issue Issuance of Rights Certificates 6 Section 4. Form of Rights Certificates 8 Section 5. Countersignature and Registration 8 9 Section 6. Transfer, Split Up, Combination and Exchange of Rights Certificates; Mutilated, Destroyed, Lost or Stolen Rights Certificates 9 10 Section 7. Exercise of Rights; Purchase Price; Expiration Date of Rights 10 Section 8. Cancellation and Destruction of Rights Certificates 11 12 Section 9. Reservation and Availability of Capital Stock 11 13 Section 10. Preferred Stock Record Date 13 14 Section 11. Adjustment of Purchase Price, Number and Kind of Shares or Number of Rights 13 14 Section 12. Certificate of Adjusted Purchase Price or Number of Shares 21 22 Section 13. Consolidation, Merger or Sale or Transfer of Assets or Earning Power 21 22 Section 14. Fractional Rights and Fractional Shares 23 25 Section 15. Rights of Action 24 26 Section 16. Agreement of Rights Holders 24 27 Section 17. Rights Certificate Holder Not Deemed a Stockholder 25 Shareholder 27 Section 18. Concerning the Rights Agent 25 27 Section 19. Merger or Consolidation or Change of Name of Rights Agent 26 28 Section 20. Duties of Rights Agent 27 29 Section 21. Change of Rights Agent 29 31 Section 22. Issuance of New Rights Certificates 29 31 Section 23. Redemption and Termination 30 32 Section 24. Exchange 30 32 Section 25. Notice of Certain Events 31 34 Section 26. Notices 32 35 Section 27. Supplements and Amendments 33 35 Section 28. Successors 33 36 Section 29. Determinations and Actions by the Board of DirectorsBoard, etc. 33 36 Section 30. Benefits of this Agreement 34 36 Section 31. Severability 34 37 Section 32. Governing Law 34 37 Section 33. Counterparts 34 37 Section 34. Descriptive Headings 34 37 Exhibit A — Form of Certificate of Designation Amendment of the Certificate of Incorporation A-1 Exhibit B — Form of Rights Certificate Exhibit C — Form of Summary of Rights STOCKHOLDER B-1 RIGHTS AGREEMENT, AGREEMENT dated as of August 15, 2005 (the “Agreement”)2007, between ▇▇▇▇▇*s4Kids Entertainment, INC.Inc., a Delaware New York corporation (the “Company”), and AMERICAN STOCK TRANSFER Continental Stock Transfer & TRUST COMPANY Trust Co., a New York corporation, as Rights Agent (the “Rights Agent”).
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Page. Section 1. Certain Definitions 1 Section 2. Appointment Grant of Rights Agent 6 Transaction Liens 8 Section 3. Issue of Rights Certificates 6 General Representations and Warranties 9 Section 4. Form of Rights Certificates 8 Further Assurances; General Covenants 11 Section 5. Countersignature and Registration 8 Investment Property 12 Section 6. Transfer, Split Up, Combination and Exchange of Rights Certificates; Mutilated, Destroyed, Lost or Stolen Rights Certificates 9 Investment Property Collateral Accounts 15 Section 7. Exercise of Rights; Purchase Price; Expiration Date of Rights 10 Controlled Deposit Accounts 15 Section 8. Cancellation and Destruction of Rights Certificates 11 Cash Collateral Account 16 Section 9. Reservation and Availability Operation of Capital Stock 11 Collateral Accounts 17 Section 10. Preferred Stock Transfer Of Record Date 13 Ownership 19 Section 11. Adjustment of Purchase Price, Number and Kind of Shares or Number of Rights 13 Right to Vote Securities 20 Section 12. Certificate of Adjusted Purchase Price or Number of Shares 21 Certain Cash Distributions 20 Section 13. Consolidation, Merger or Sale or Transfer Remedies upon Event of Assets or Earning Power Default 21 Section 14. Fractional Rights and Fractional Shares 23 Application of Proceeds 21 Section 15. Rights of Action 24 Fees and Expenses; Indemnification 21 Section 16. Agreement of Rights Holders 24 Authority to Administer Collateral 22 Section 17. Rights Certificate Holder Not Deemed a Stockholder 25 Limitation on Duty in Respect of Collateral 23 Section 18. General Provisions Concerning the Rights Collateral Agent 25 23 Section 19. Merger or Consolidation or Change Termination of Name Transaction Liens; Release of Rights Agent 26 Collateral 25 Section 20. Duties of Rights Agent 27 Notices 25 Section 21. Change of Rights Agent 29 No Implied Waivers; Remedies Not Exclusive 26 Section 22. Issuance of New Rights Certificates 29 Successors and Assigns 26 Section 23. Redemption Amendments, Waivers and Termination 30 Additional Lien Grantors 26 Section 24. Exchange 30 Choice of Law 27 Section 25. Notice Waiver of Certain Events 31 Jury Trial 27 Section 26. Notices 32 Section 27. Supplements Severability 27 SCHEDULES: Schedule 1 Pledged Investment Property and Amendments 33 Section 28. Successors 33 Section 29. Determinations and Actions Deposit Accounts Owned by the Board of Directors, etc. 33 Section 30. Benefits of this Agreement 34 Section 31. Severability 34 Section 32. Governing Law 34 Section 33. Counterparts 34 Section 34. Descriptive Headings 34 Original Lien Grantors EXHIBITS: Exhibit A — Form of Certificate of Designation Security Agreement Supplement Exhibit B — Form of Rights Perfection Certificate Exhibit C — Form of Summary of Rights STOCKHOLDER RIGHTS AGREEMENT, dated THIS SECURITY AGREEMENT (this “Agreement”) is entered into as of July 30, 2005 2007 (the “AgreementEffective Date”), between ▇▇▇▇▇*s, ) by EVERGREEN ENERGY INC., a Delaware corporation (the “CompanyIssuer”), EVERGREEN OPERATIONS, LLC, a Delaware limited liability company (“Evergreen Operations”), KFX PLANT, LLC, a Wyoming limited liability company (“KFx Plant”), KFX OPERATIONS, LLC, a Wyoming limited liability company (“KFx Operations”), LANDRICA DEVELOPMENT COMPANY, a South Dakota corporation (“Landrica”), and AMERICAN STOCK TRANSFER & TRUST COMPANY BUCKEYE INDUSTRIAL MINING CO., an Ohio corporation (“Buckeye,” and together with Evergreen Operations, KFx Plant, KFx Operations and Landrica, the “Subsidiary Guarantors”) in favor of U.S. BANK NATIONAL ASSOCIATION, in its capacity as Rights Collateral Agent and Trustee (the “Rights Collateral Agent”) for the benefit of the Holders (as defined below).
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Page. Section 1. Certain Definitions 1 Section 2. Appointment of Rights Agent 6 3 Section 3. Issue of Rights Right Certificates 6 3 Section 4. Form of Rights Right Certificates 8 5 Section 5. Countersignature and Registration 8 5 Section 6. Transfer, Split Up, Combination and Exchange of Rights Right Certificates; Mutilated, Destroyed, Lost or Stolen Rights Right Certificates 9 6 Section 7. Exercise of Rights; Purchase Price; Expiration Date of Rights 10 6 Section 8. Cancellation and Destruction of Rights Right Certificates 11 8 Section 9. Reservation and Availability of Capital Shares of Preferred Stock 11 8 Section 10. Preferred Stock Record Date 13 9 Section 11. Adjustment of Purchase Price, Number and Kind of Shares or Number of Rights 13 9 Section 12. Certificate of Adjusted Purchase Price or Number of Shares 21 14 Section 13. Consolidation, Merger or Sale or Transfer of Assets or Earning Power 21 14 Section 14. Fractional Rights and Fractional Shares 23 16 Section 15. Rights of Action 24 17 Section 16. Agreement of Rights Right Holders 24 17 Section 17. Rights Right Certificate Holder Not Deemed a Stockholder 25 17 Section 18. Concerning the Rights Agent 25 18 Section 19. Merger or Consolidation or Change of Name of Rights Agent 26 18 Section 20. Duties of Rights Agent 27 18 Section 21. Change of Rights Agent 29 20 Section 22. Issuance of New Rights Right Certificates 29 21 Section 23. Redemption and Termination 30 21 Section 24. Exchange 30 Section 25. Notice of Certain Events 31 Section 26. Notices 32 Section 27. Supplements and Amendments 33 Section 28. Successors 33 Section 29. Determinations and Actions by the Board of Directors, etc. 33 Section 30. Benefits of this Agreement 34 Section 31. Severability 34 Section 32. Governing Law 34 Section 33. Counterparts 34 Section 34. Descriptive Headings 34 Exhibit A — Form of Certificate of Designation Exhibit B — Form of Rights Certificate Exhibit C — Form of Summary of Rights STOCKHOLDER RIGHTS AGREEMENT, dated as of , 2005 (the “Agreement”), between ▇▇▇▇▇*s, INC., a Delaware corporation (the “Company”), and AMERICAN STOCK TRANSFER & TRUST COMPANY as Rights Agent (the “Rights Agent”).22
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Page. Supplemental Indentures Without Consent of Noteholders 16 Section 16.02 Modification and Amendment with Consent of Noteholders 17 Section 6.03 Effect of Supplemental Indentures 17 Section 6.04 Article Nine of Base Indenture 17 ARTICLE VII CONSOLIDATION, MERGER, SALE, CONVEYANCE AND LEASE 17 Section 7.01 Company May Consolidate, Etc. on Certain Definitions 1 Terms 17 ARTICLE VIII CONVERSION OF NOTES 17 Section 2. Appointment of Rights Agent 6 8.01 Conversion Privilege 17 Section 3. Issue of Rights Certificates 6 8.02 Conversion Procedures 21 Section 4. Form of Rights Certificates 8 8.03 Reserved 26 Section 5. Countersignature and Registration 8 Section 6. Transfer, Split Up, Combination and Exchange of Rights Certificates; Mutilated, Destroyed, Lost or Stolen Rights Certificates 9 Section 7. Exercise of Rights; Purchase Price; Expiration Date of Rights 10 Section 8. Cancellation and Destruction of Rights Certificates 11 Section 9. Reservation and Availability of Capital Stock 11 Section 10. Preferred Stock Record Date 13 Section 11. 8.04 Adjustment of Purchase PriceConversion Rate 26 Section 8.05 Shares to be Fully Paid 34 Section 8.06 Effect of Reclassification, Number and Kind of Shares or Number of Rights 13 Section 12. Certificate of Adjusted Purchase Price or Number of Shares 21 Section 13. Consolidation, Merger or Sale or Transfer 34 Section 8.07 Certain Covenants 35 Section 8.08 Responsibility of Assets or Earning Power 21 Trustee 35 Section 14. Fractional 8.09 Notice to Holders Prior to Certain Actions 36 Section 8.10 Shareholder Rights and Fractional Shares 23 Plans 37 Section 15. Rights 8.11 Ownership Limit 37 ARTICLE IX REPURCHASE OF NOTES AT OPTION OF HOLDERS 37 Section 9.01 Repurchase of Action 24 Securities at Option of the Holder on Specified Dates 37 Section 16. Agreement 9.02 Repurchase at Option of Rights Holders 24 Upon a Fundamental Change 41 ARTICLE X MISCELLANEOUS PROVISIONS 45 Section 17. Rights Certificate Holder Not Deemed a Stockholder 25 10.01 Ratification of Base Indenture 45 Section 18. Concerning the Rights Agent 25 10.02 Provisions Binding on Company’s Successors 45 Section 19. Merger or Consolidation or Change of Name of Rights Agent 26 10.03 Official Acts by Successor Corporation 45 Section 20. Duties of Rights Agent 27 10.04 Addresses for Notices, Etc 45 Section 21. Change of Rights Agent 29 10.05 Governing Law 45 Section 22. Issuance of New Rights Certificates 29 10.06 Non-Business Day 46 Section 23. Redemption and Termination 30 Section 24. Exchange 30 Section 25. Notice of Certain Events 31 Section 26. Notices 32 Section 27. Supplements and Amendments 33 Section 28. Successors 33 Section 29. Determinations and Actions by the Board of Directors, etc. 33 Section 30. 10.07 Benefits of this Agreement 34 Indenture 46 Section 31. Severability 34 10.08 Table of Contents, Headings, Etc 46 Section 32. Governing Law 34 10.09 Execution in Counterparts 46 Section 33. Counterparts 34 10.10 Trustee 46 Section 34. Descriptive Headings 34 Exhibit A — Form 10.11 Further Instruments and Acts 46 Section 10.12 Waiver of Certificate of Designation Exhibit B — Form of Rights Certificate Exhibit C — Form of Summary of Rights STOCKHOLDER RIGHTS AGREEMENT, dated as of , 2005 (the “Agreement”), between ▇▇▇▇▇*s, INC., a Delaware corporation (the “Company”), and AMERICAN STOCK TRANSFER & TRUST COMPANY as Rights Agent (the “Rights Agent”).Jury Trial 46 Section 10.13 Force Majeure 46
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