UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 ----------------------------------- OMB APPROVAL ----------------------------------- OMB Number: 3235-0101 Expires: December 31, 2006 Estimated average burden hours per response.............4.47 ----------------------------------- SEC USE ONLY ----------------------------------- DOCUMENT SEQUENCE NO. ----------------------------------- ----------------------------------- CUSIP NUMBER ----------------------------------- ----------------------------------- ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker. ------------------------------------------------------------------------------------------------------------------------------------ 1 (a) NAME OF ISSUER (Please type or print) (b) IRS IDENT. NO. (c) S.E.C. FILE NO. WORK LOCATION ONEIDA, LTD. 15-0405700 1-5452 ------------------------------------------------------------------------------------------------------------------------------------ 1 (d) ADDRESS OF ISSUER STREET CITY STATE ZIP CODE (e) TELEPHONE NO. ------------------------------ 163-181 Kenwood Avenue, Oneida New York 13421 AREA CODE NUMBER ------------------------------ 315 361-3000 ------------------------------------------------------------------------------------------------------------------------------------ 2 (a) NAME OF PERSON FOR WHOSE ACCOUNT (b) IRS IDENT. NO (c) RELATIONSHIP TO ISSUER (d) ADDRESS STREET CITY STATE ZIP CODE THE SECURITIES ARE TO BE SOLD SILVER POINT CAPITAL, L.P. 22-3849636 None 2 Greenwich Plaza, Greenwich, CT 06830 ------------------------------------------------------------------------------------------------------------------------------------ INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number. ------------------------------------------------------------------------------------------------------------------------------------ 3 (a) (b) (c) (d) (e) (f) (g) Title of the Name and Address of SEC USE ONLY Number of Shares Aggregate Number of Shares Approximate Name of Each Class of Each Broker Through or Other Units Market or Other Units Date of Sale Securities Securities Whom Securities are Broker-Dealer To Be Sold Value Outstanding (See instr. Exchange To Be Sold to be Offered or File Number (See instr. (See instr. (See instr. 3(f)) (See instr. Each Market Maker 3(c)) 3(d)) 3(e)) (MO. DAY YR.) 3(g)) who is Acquiring the Securities ------------------------------------------------------------------------------------------------------------------------------------ Common 1. Merrill Lynch 20 Vesey Street, New York, NY 10080 2. Jeffries & Co. Metro Center, 1 Station Place, 3 North Stamford, CT 06902 3. CRT Capital Group 262 Harbor Drive, 2nd Floor 08/11/2005 - Stamford, CT 06902 466,320 $1,259,064 46,632,000 11/10/2005 N/A ------------------------------------------------------------------------------------------------------------------------------------ INSTRUCTIONS: 1. (a) Name of issuer (b) Issuer's I.R.S. Identification Number (c) Issuer's S.E.C. file number, if any (d) Issuer's address, including zip code (e) Issuer's telephone number, including area code 2. (a) Name of person for whose account the securities are to be sold (b) Such person's I.R.S. identification number, if such person is an entity (c) Such person's relationship to the issuer (e.g., officer, director, 10% Stockholder, or member of immediate family of any of the foregoing) (d) Such person's address, including zip code 3. (a) Title of the class of securities to be sold (b) Name and address of each broker through whom the securities are intended to be sold (c) Number of shares or other units to be sold (if debt securities, give the aggregate face amount) (d) Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice (e) Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer (f) Approximate date on which the securities are to be sold (g) Name of each securities exchange, if any, on which the securities are intended to be sold Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1147 (01-04) TABLE I - SECURITIES TO BE SOLD Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: ------------------------------------------------------------------------------------------------------------------------------------ Name of Person from Whom Acquired Amount of Title of Date you (If gift, also give Securities Date of Nature of the Class Acquired Nature of Acquisition Transaction date donor acquired) Acquired Payment Payment ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 07/23/2004- Acquired through recapitalization Issuer 1,485,000 Shares 08/09/2004 Recapitalization 08/09/2004 of debt securities on 08/09/2004 of Issuer's debt securities ------------------------------------------------------------------------------------------------------------------------------------ INSTRUCTIONS: If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. ---------------------------------------------------------------------------------------------------------------- Amount of Name and Address of Seller Title of Securities Sold Date of Sale Securities Sold Gross Proceeds ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- REMARKS INSTRUCTIONS: See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are Required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. ATTENTION: The persons for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. Silver Point Capital, LP by: Silver Point Capital Management, LLC its General Partner by: /s/ Frederick M. Fogel ---------------------- Name: Frederick M. Fogel August 11, 2005 Its: Authorized Signatory ------------------------------------- --------------------------------------- DATE OF NOTICE (SIGNATURE) The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures. -------------------------------------------------------------------------------- ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) -------------------------------------------------------------------------------- SEC 1147 (01-04)