EXHIBIT 4.14
AMENDMENT NO. 1
TO
AMENDED AND RESTATED DECLARATION OF TRUST
OF
CARRIAGE SERVICES CAPITAL TRUST
This Amendment No. 1 to the Amended and Restated Declaration of Trust of
Carriage Services Capital Trust (the "Trust"), dated as of July 29, 1999 (this
"Amendment"), is made and entered into by and among Carriage Services, Inc., a
Delaware corporation, as Sponsor (the "Sponsor"), Wilmington Trust Company, a
Delaware banking corporation, as Property Trustee (the "Property Trustee"), and
▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ (each an
"Administrative Trustee," and collectively, the "Administrative Trustees").
W I T N E S S E T H
WHEREAS, the Trust is a Delaware business trust that was created under
Chapter 38 of Title 12 of the Delaware Code, 12 DEL. C. ss. 3801, eT Seq. (the
"Act") pursuant to (i) the Declaration of Trust, dated as of May 24, 1999 (the
"Original Declaration"), which Original Declaration was amended and restated in
its entirety by the Amended and Restated Declaration of Trust, dated as of June
3, 1999 (the "Declaration"), and (ii) the Certificate of Trust of the Trust,
dated as of May 24, 1999, as filed with the office of the Secretary of State of
the State of Delaware on May 24, 1999;
WHEREAS, the parties hereto are amending the Declaration to correct a
provision in the Declaration that is inconsistent with another provision in the
Declaration;
WHEREAS, this Amendment does not adversely affect in any material respect
the interests of any Holder of Securities and does not adversely affect the
powers, preferences or rights of the Securities; and
WHEREAS, in accordance with the terms of Section 12.01(a) of the
Declaration, the Sponsor, the Property Trustee and the Administrative Trustees
have the power to amend the Declaration to reflect the terms set forth below.
NOW, THEREFORE, in consideration of the mutual promises and obligations
contained herein, the parties, intending to be legally bound, hereby agree as
follows:
I. AMENDMENT.
Section 3.08(h) of the Declaration is hereby amended by deleting the first
sentence of such section and replacing it with the following:
The Property Trustee will act as Paying Agent and Registrar in
Wilmington, Delaware to pay Distributions, redemption payments or
liquidation payments on behalf of the Trust with respect to all
securities and any such Paying Agent shall comply with Section
317(b) of the Trust Indenture Act.
II. MISCELLANEOUS.
A. SUCCESSORS AND ASSIGNS. This Amendment shall be binding upon, and shall
enure to the benefit of, the parties hereto and their respective successors and
assigns.
B. FULL FORCE AND EFFECT. Except to the extent modified hereby, the
Declaration shall remain in full force and effect.
C. COUNTERPARTS. This Amendment may be executed in counterparts, all of
which together shall constitute one agreement binding on all parties hereto,
notwithstanding that all such parties are not signatories to the original or
same counterpart.
D. GOVERNING LAW. This Amendment shall be interpreted in accordance with
the laws of the State of Delaware (without regard to conflict of laws
principles), all rights and remedies being governed by such laws.
E. EFFECTIVENESS OF AMENDMENT. This Amendment shall be effective upon the
giving of notice of this Amendment to the Holders of the Securities, in
accordance with Sections 12.01 and 15.01 of the Declaration.
F. CAPITALIZED TERMS. Capitalized terms used herein and not otherwise
defined are used as defined in the Declaration.
[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the
date first set forth above.
CARRIAGE SERVICES, INC.,
as Sponsor
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Executive Vice President
WILMINGTON TRUST COMPANY,
as Property Trustee
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Authorized Signatory
▇▇▇▇ ▇. ▇▇▇▇▇▇,
as Administrative Trustee
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇,
as Administrative Trustee
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇,
as Administrative Trustee
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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