EXHIBIT 4.2


TRONOX INCORPORATED
 
AND EACH OF THE GUARANTORS PARTY HERETO
 
6.500% SENIOR NOTES DUE 2026


THIRD SUPPLEMENTAL INDENTURE
 
Dated as of August 30, 2019
 

Wilmington Trust, National Association,
 
as Trustee


Third Supplemental Indenture (this “Supplemental Indenture”), dated as of August 30, 2019, among those entities listed in Annex A hereto (each, a “Guaranteeing Subsidiary” and collectively, the “Guaranteeing Subsidiaries”), each an affiliate of Tronox Limited (or its permitted successor) (“Holdings”), Tronox Incorporated, a Delaware corporation (the “Issuer”), the other Guarantors (as defined in the Indenture referred to herein) and Wilmington Trust, National Association, a national banking association, as trustee under the Indenture referred to below (the “Trustee”).
 
W I T N E S S E T H
 
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee an indenture, dated as of April 6, 2018 (the “Base Indenture”), among the Issuer, the Guarantors party thereto (as defined therein) and the Trustee, providing for the issuance of 6.500% Senior Notes due 2026 (the “Notes”);
 
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee a first supplemental indenture, dated as of April 1, 2019 (the “First Supplemental Indenture”), among Tronox Holdings PLC, Tronox Investment Holdings Limited and Tronox UK Merger Company Limited, as new guarantors, the Issuer, the other Guarantors party thereto (as defined therein) and the Trustee, to accede certain new guarantors under the Notes;
 
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee a second supplemental indenture, dated as of April 12, 2019 (the “Second Supplemental Indenture”), among Cristal Inorganic Chemicals Netherlands B.V. and Cristal International B.V., as new guarantors, the Issuer, the other Guarantors party thereto (as defined therein) and the Trustee, to accede certain new guarantors under the Notes (the Base Indenture, as supplemented by each of the First Supplemental Indenture and the Second Supplemental indenture, herein referred to as the “Indenture”);
 
WHEREAS, the Indenture provides that under certain circumstances each Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which each such Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and
 
WHEREAS, pursuant to Section 9.01 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, each 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. Each Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.
 
3.        No Recourse Against Others. No director, manager, officer, employee, incorporator, stockholder or member of Holdings, the Issuer or any Subsidiary thereof will have any liability for any obligations of Holdings, the Issuer or the Guarantors under the Notes, this Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.
 
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4.         Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
 
5.        Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy will be an original, but all of them together represent the same agreement. The exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.
 
6.         Effect of Headings. The Section headings herein are for convenience of reference only, are not to be considered a part of this Supplemental Indenture and will in no way modify or restrict any of the terms or provisions hereof.
 
7.        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 Subsidiaries, Holdings and the Issuer.

2
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 August 30, 2019
      
       
 
Tronox Incorporated
       
 
By:
 /s/ Steven A. Kaye
   
Name:
Steven A. Kaye
   
Title:
Vice President and Assistant Secretary

[Signature Page to Third Supplemental Indenture (2026)]

 
U.S. GUARANTORS:
     
 
Tronox LLC
 
Tronox Pigments LLC
 
Tronox US Holdings Inc.
     
 
By:
/s/ Steven A. Kaye
 
Name:
Steven A. Kaye
 
Title:
Vice President and Assistant Secretary
     
 
Tronox Finance LLC
     
 
By:
/s/ Steven A. Kaye
 
Name:
Steven A. Kaye
 
Title:
Assistant Secretary

[Signature Page to Third Supplemental Indenture (2026)]

 
U.K. GUARANTORS:
     
 
Tronox UK Holdings Limited
 
Tronox UK Limited
 
Tronox Finance PLC
 
Tronox UK Merger Company Limited
 
Tronox Investment Holdings Limited
     
 
By:
/s/ Steven A. Kaye
 
Name:
Steven A. Kaye
 
Title:
Director
     
 
Tronox Holdings PLC, under power of attorney
     
 
By:
/s/ Steven A. Kaye
 
Name:
Steven A. Kaye
 
Title:
Attorney
     
 
Tronox International Finance LLP
     
 
By:
/s/ Steven A. Kaye
 
Name:
Steven A. Kaye
 
Title:
Representative Member of Tronox UK Holdings

[Signature Page to Third Supplemental Indenture (2026)]

AUSTRALIAN GUARANTORS:

SIGNED, SEALED and DELIVERED for each of

TIFIC PTY. LTD.
TIO2 CORPORATION PTY LTD
TRONOX AUSTRALIA HOLDINGS PTY LIMITED
TRONOX AUSTRALIA PIGMENTS HOLDINGS PTY LIMITED
TRONOX AUSTRALIA PTY LTD
TRONOX GLOBAL HOLDINGS PTY LIMITED
TRONOX HOLDINGS (AUSTRALIA) PTY LTD
TRONOX MANAGEMENT PTY LTD
TRONOX MINERAL SALES PTY LTD
TRONOX PIGMENTS AUSTRALIA HOLDINGS PTY LIMITED
TRONOX PIGMENTS AUSTRALIA PTY LIMITED
TRONOX SANDS HOLDINGS PTY LIMITED
TRONOX WESTERN AUSTRALIA PTY LTD
TRONOX WORLDWIDE PTY LIMITED
YALGOO MINERALS PTY. LTD.

under power of attorney in the presence of:

   
/s/ Steven A. Kaye
   
Signature of attorney
   
/s/ Julie A. Constantinides
  
Steven A. Kaye
Signature of witness
  
Name
     
Julie A. Constantinides
  
15 September 2017
Name
  
Date of power of attorney

SIGNED, SEALED and DELIVERED
for TRONOX LIMITED under power of
attorney in the presence of:
  
 
 
/s/ Steven A. Kaye
   
Signature of attorney
     
/s/ Julie A. Constantinides
  
Steven A. Kaye
Signature of witness
  
Name
     
Julie A. Constantinides
  
15 September 2017
Name
  
Date of power of attorney

[Signature Page to Third Supplemental Indenture (2026)]

 
DUTCH GUARANTORS:
       
 
Tronox Holdings Coöperatief U.A.
       
 
By:
/s/ Steven A. Kaye
   
Name:
Steven A. Kaye
   
Title:
Director A
       
 
By:
/s/ Anthony Martin Orrell
   
Name:
Anthony Martin Orrell
   
Title:
Director B

 
Tronox Worldwide Pty Limited, acting for itself, on
behalf of Tronox Global holdings Pty Ltd as limited
partner of Tronox Holdings Europe C.V., and in its
capacity as general partner of Tronox Holdings
Europe C.V.
     
 
By:
/s/ Steven A. Kaye
   
Name:
Steven A. Kaye
   
Title:
Authorized Signatory
       
 
Tronox Pigments (Netherlands) B.V.
       
 
By:
/s/ Steven A. Kaye
   
Name:
Steven A. Kaye
   
Title:
Managing Director
       
 
Tronox Pigments (Holland) B.V.
       
 
By:
/s/ Steven A. Kaye
   
Name:
Steven A. Kaye
   
Title:
Managing Director
       
 
Cristal Inorganic Chemicals Netherlands B.V.
       
 
By:
/s/ Steven A. Kaye
   
Name:
Steven A. Kaye
   
Title:
Manager

[Signature Page to Third Supplemental Indenture (2026)]
 
Tronox International B.V.
       
 
By:
/s/ Steven A. Kaye
   
Name:
Steven A. Kaye
   
Title:
Manager

[Signature Page to Third Supplemental Indenture (2026)]

 
SWITZERLAND GUARANTORS:
       
 
Tronox International Holdings GmbH
       
 
By:
/s/ Steven A. Kaye
   
Name:
Steven A. Kaye
   
Title:
Chairman of Management Board

[Signature Page to Third Supplemental Indenture (2026)]

 
Cristal Inorganic Chemicals UK Limited
 
Tronox Investments UK Limited
 
Millennium Inorganic Chemicals UK Holdings Limited
     
 
By:
/s/ Steven A. Kaye
 
Name:
Steven A. Kaye
 
Title:
Director
 
[Signature Page to Third Supplemental Indenture (2026)]

Signed, sealed and delivered by

as attorney, respectively, for
 
BEMAX SALES PTY LTD
101858931
 
CABLE SANDS (W.A.) PTY LTD
009137142
 
CABLE SANDS HOLDINGS PTY. LIMITED
001288268
 
CABLE SANDS INVESTMENTS PTY. LIMITED
000430482
 
CABLE SANDS PTY. LIMITED
008678386

TRONOX AUSTRALIND PTY LTD
125123784

COFFS HARBOUR RUTILE PTY LTD
000173099

TRONOX MINERAL HOLDINGS AUSTRALIA PTY LTD
102888559

TRONOX MINING AUSTRALIA LIMITED
009247858

TRONOX PIGMENT BUNBURY LTD
008683627

IMPERIAL MINING (AUST) PTY LTD
062193266

KATHLEEN INVESTMENTS (AUSTRALIA) PTY LTD
008402891

MURRAY BASIN TITANIUM PTY LTD
082497827

NIMSA MURRAY BASIN PTY LTD
091051704

NISSHO IWAI MINERAL SANDS (AUSTRALIA) PTY. LIMITED
003870871
 
PEREGRINE GOLD MINING PTY LTD
009267207

[Signature Page to Third Supplemental Indenture (2026)]

PEREGRINE MINERAL SANDS PTY LTD
009307591

POONCARIE OPERATIONS PTY LTD
102895581

PROBO MINING PTY LTD
079938819

RUTILE & ZIRCON MINES (NEWCASTLE) PTY LTD
000393135

RZM PTY. LIMITED
001 242 397
 
TITANIUM TECHNOLOGY (AUSTRALIA) PTY LTD
000833643

under power of attorney dated August 30, 2019
in the presence of:

/s/ Julie A. Constantinides
←
/s/ Steven A. Kaye
Signature of witness
  
Signature of attorney
     
   
The person signing above certifies that his/her signature is to be treated as constituting a separate signing as attorney for each party listed above respectively.
     
Julie A. Constantinides
←
Steven A. Kaye
Name of witness (print)
  
Name of attorney (print)

[Signature Page to Third Supplemental Indenture (2026)]

 
TRONOX FRANCE SAS, a société par actions
simplifiée, incorporated under the laws of France
with Mulhouse RCS number 440 140 309
       
 
By:
/s/ Christian Wendling
   
Name:
Christian Wendling
   
Title:
Director
       
 
MILLENNIUM INORGANIC CHEMICALS LE
HAVRE SAS, a société par actions simplifiée,
incorporated under the laws of France with Le Havre
RCS number 440 097 079
       
 
By:
/s/ Christian Wendling
   
Name:
Christian Wendling
   
Title:
Director
       
 
MILLENNIUM INORGANIC CHEMICALS
SAS, a société par actions simplifiée, incorporated
under the laws of France with Mulhouse RCS
number 945 550 119
       
 
By:
/s/ Christian Wendling
   
Name:
Christian Wendling
   
Title:
Director

[Signature Page to Third Supplemental Indenture (2026)]

 
Wilmington Trust, National Association, as Trustee
       
 
By:
/s/ Jane Y. Schweiger
   
Name:
Jane Y. Schweiger
   
Title:
Vice President
 
[Signature Page to Third Supplemental Indenture (2026)]

ANNEX A
 
GUARANTEEING SUBSIDIARIES
 
Cristal Inorganic Chemicals UK Limited
 
Tronox Investments UK Limited
 
Millennium Inorganic Chemicals UK Holdings Limited
 
Bemax Sales Pty Ltd
 
Cable Sands (W.A.) Pty Ltd
 
Cable Sands Holdings Pty. Limited
 
Cable Sands Investments Pty. Limited
 
Cable Sands Pty. Limited
 
Tronox Australind Pty Ltd
 
Coffs Harbour Rutile Pty Ltd
 
Tronox Mineral Holdings Australia Pty Ltd
 
Tronox Mining Australia Limited
 
Tronox Pigment Bunbury Ltd
 
Imperial Mining (Aust) Pty Ltd
 
Kathleen Investments (Australia) Pty Ltd
 
Murray Basin Titanium Pty Ltd
 
Nimsa Murray Basin Pty Ltd
 
Nissho Iwai Mineral Sands (Australia) Pty. Limited
 
Peregrine Gold Mining Pty Ltd
 
Peregrine Mineral Sands Pty Ltd
 
Pooncarie Operations Pty Ltd
 
Probo Mining Pty Ltd
 
Rutile & Zircon Mines (Newcastle) Pty Ltd
 
RZM Pty. Limited
 
Titanium Technology (Australia) Pty Ltd
 
Tronox France SAS
 
Millennium Inorganic Chemicals Le Havre SAS
 
Millennium Inorganic Chemicals SAS