EX-4.173 152 y93391a2exv4w173.htm EX-4.173 exv4w173
EXHIBIT 4.173
     PATENT SECURITY AGREEMENT dated as of May 4, 2010 (this “Agreement”), among the grantors listed on Schedule I hereto (the “U.S Grantors”) and The Bank of New York Mellon, as collateral agent (in such capacity, the “Collateral Agent”).
     Reference is made to (a) the Collateral Agreement dated as of November 5, 2009 (as amended, restructured, renewed, novated, supplemented, restated, replaced or otherwise modified from time to time, the “Collateral Agreement”), among Reynolds Group Holdings Inc. (“RGHI”), Reynolds Consumer Products Holdings Inc. (the “U.S. Term Borrower” and, together with RGHI, the “U.S. Term Borrowers”), Closure Systems International Holdings Inc. (together with the U.S. Term Borrowers, the “Borrowers”), Reynolds Group Issuer LLC (the “U.S. Issuer”), Reynolds Group Issuer Inc. (the “U.S. Co-Issuer” and, together with the U.S. Issuer, the “Issuers”), the Subsidiaries of Reynolds Group Holdings Limited (“Holdings”) from time to time party thereto and the Collateral Agent, (b) the Credit Agreement dated as of November 5, 2009 as amended by Amendment No. 1 dated as of January 1, 2010 (as further amended, extended, restructured, renewed, novated, supplemented, restated, refunded, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrowers, the European Borrowers (as defined therein), Holdings, the lenders from time to time party thereto (the “Lenders”) and Credit Suisse AG (formerly known as Credit Suisse), as administrative agent, and (c) the Indenture dated as of November 5, 2009 (as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or otherwise modified from time to time, the “Senior Secured Note Indenture”), among the Issuers, Reynolds Group Issuer (Luxembourg) S.A., the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar. The Lenders have agreed to extend credit to the Borrowers pursuant to, and upon the terms and conditions specified in, the Credit Agreement. The Senior Secured Note Holders have agreed to extend credit to the Issuers pursuant to, and upon the terms and conditions specified in, the Senior Secured Note Indenture. The parties hereto agree as follows:
     SECTION 1. Terms. Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified pursuant to the Collateral Agreement. The rules of construction specified in Section 1.01(b) of the Collateral Agreement also apply to this Agreement.
     SECTION 2. Grant of Security Interest. Each U.S. Grantor hereby assigns and pledges to the Collateral Agent, its successors and permitted assigns, for the ratable benefit of the Secured Parties, and hereby grants to the Collateral Agent, its successors and permitted assigns, for the ratable benefit of the Secured Parties, a Security Interest in all of such U.S. Grantor’s right, title or interest in, to and under all of the Patents of such U.S. Grantor (including those listed on Schedule II hereto) now owned or at any time hereafter acquired by such U.S. Grantor or in which such U.S. Grantor now has or at any time in the future may acquire any right, title or interest as security for the payment or performance, as the case may be, in full of the Obligations.

 


 

     SECTION 3. Purpose. This Agreement has been executed and delivered by the parties hereto for the purpose of recording the grant of the Security Interest with the United States Patent and Trademark Office. This Agreement is expressly subject to the terms and conditions set forth in the Collateral Agreement.
     SECTION 4. Collateral Agreement. The U.S. Grantors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to the Patents are more fully set forth in the Collateral Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein. In the event of any conflict between the terms of this Agreement and the Collateral Agreement, the terms of the Collateral Agreement shall govern.
     SECTION 5. Counterparts. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile transmission or other customary means of electronic transmission shall be effective as delivery of a manually signed counterpart of this Agreement.
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     IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first above written.
         
  BRPP, LLC

by Blue Ridge Paper Products Inc., its sole member and manager
 
 
    /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Secretary of Blue Ridge Paper Products Inc.   
 
  EVERGREEN PACKAGING INC.,
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Secretary   
 
[Signature Page to Patent Security Agreement]

 


 

         
  THE BANK OF NEW YORK MELLON, as
Collateral Agent,
 
 
  By   /s/ Catherine F. Donohue    
    Name:   Catherine F. Donohue   
    Title:   Vice President   
 
[Signature Page to Patent Security Agreement]

 


 

Schedule I
U.S. Grantors
BRPP, LLC
Evergreen Packaging Inc.

 


 

Schedule II
Patents
BRPP, LLC
U.S. Patents
     
Patent No.   Issue Date
5,014,854   5/14/1991
5,065,938   11/19/1991
5,135,463   8/4/1992
5,141,691   08/25/1992
5,175,036   12/29/1992
5,324,528   6/28/1994
5,616,353   4/1/1997
6,372,317   4/16/2002
6,887,538   5/3/2005
7,235,306   6/26/2007
7,276,294   10/2/2007
7,430,545   09/30/2008
7,628,314   12/8/2009
U.S. Patent Applications
     
Patent Application No.   Filing Date
11/821,722   6/25/2007
11/895,457   8/24/2007

 


 

EVERGREEN PACKAGING INC.
U.S. Patents
                 
Title   Type   Serial No.   Patent No.  
GABLE TOP CARTON WRAPPER
  UTL   07/691,249     5,060,804  
POUR SPOUT CONSTRUCTION AND METHOD
  UTL   07/693,197     5,110,040  
POUR SPOUT CONSTRUCTION
  UTL   07/551,818     5,152,438  
BAG LINED CARTON WITH POUR SPOUT
  UTL   07/646,897     5,156,295  
MODULAR TRACK SECTION FOR AN ENDLESS CONVEYOR
  UTL   07/799,256     5,178,263  
MULTIPLE BARB PICK
  UTL   07/763,721     5,181,444  
CARTON BOTTOM SEALER
  UTL   08/215,173     5,482,204  
CARTON BOTTOM SEALING DIES
  UTL   08/541,943     5,588,943  
CONTAINER FABRICATION METHOD
  UTL   08/747,774     5,683,339  
HEAT-SEALS ABILITY OF POLYOLEFINS
  UTL   08/686,892     5,693,373  
CONTAINER FIXANT APPLICATOR AND METHOD FOR PRODUCTION AND APPLICATION THEREFOR
  UTL   08/591,815     5,711,475  
NON-FOIL POLYMER COATED CARTONS FOR PACKAGING FOOD AND NON-FOOD PRODUCTS
  UTL   08/527,620     5,712,006  
METHOD FOR FITTING A DEVICE FOR THE OPENING AND CLOSING OF A PACK
  UTL   08/816,031     5,778,637  
PAPERBOARD CARTONS HAVING PROTECTED BOARD RAW EDGES SURFACES AND METHOD OF MANUFACTURE
  UTL   08/842,539     5,810,243  
METHOD FOR PRODUCTION AND APPLICATION OF A CONTAINER FIXANT APPLICATOR THEREFOR
  UTL   09/007,358     5,916,080  
ASEPTIC BRICK PACKAGE SPOUT
  UTL   08/868,818     5,960,992  
METHOD FOR PREVENTING BULGE OF LIQUID PACKAGING
  UTL   09/131,749     5,975,158  
EXTENDED LONG LIFE JUICE CARTON STRUCTURE AND METHOD OF CONSTRUCTION
  UTL   09/010,832     6,110,548  
CONTAINER FOR THE SELECTIVE SCAVENGING OF CITRUS JUICE COMPONENTS
  UTL   09/301,013     6,169,044  
PRESSURE PAD HAVING SCULPTED QUADRANTAL REGIONS
  UTL   09/421,809     6,315,705  

 


 

                 
Title   Type   Serial No.   Patent No.  
DEVICE FOR OPENING AND CLOSING A PACKAGE
  UTL   09/781,781     6,354,467  
CLAY-FILLED POLYMER BARRIER MATERIALS FOR FOOD PACKAGING APPLICATIONS
  UTL   09/022,825     6,358,576  
EASY OPENING POUR SPOUT
  UTL   09/353,256     6,390,342  
POLYOLEFIN TIE MATERIAL FREE BARRIER CARTON WITH POLYETHYLENE TEREPHTHALATE PRODUCT CONTACT LAYER
  UTL   09/321,880     6,534,139  
CONTAINER PATCH AND METHOD OF FORMATION
  UTL   09/851,253     6,579,390  
MULTILAYER PAPERBOARD PACKAGING STRUCTURE INCLUDING POLYOLEFIN POLYAMIDE BLEND LAYER
  UTL   09/918,521     6,582,808  
METHOD OF CLOSING THE BOTTOM OF A CONTAINER
  UTL   09/798,597     6,599,225  
ADJUSTABLE CARTON STOP
  UTL   09/977,614     6,609,355  
CARTON BOTTOM FORMING METHOD AND APPARATUS
  UTL   09/689,193     6,626,810  
SEAL FOR CLEAN-IN-PLACE ENCLOSURE FOR A PACKAGING MACHINE
  UTL   09/977,412     6,637,749  
METHOD AND APPARATUS FOR CLOSING OPEN END OF CARTON BLANK
  UTL   09/977,436     6,669,614  
PROCESS FOR ACTIVATING OXYGEN SCAVENGER COMPONENTS DURING GABLE TOP CARTON FILLING PROCESS
  UTL   09/919,952     6,689,314  
METHOD AND APPARATUS FOR CLOSING OPEN END OF CARTON BLANK
  UTL   10/686,761     6,837,029  
APPARATUS FOR FORMING A BOTTOM CLOSURE FOR A CONTAINER
  UTL   10/444,170     6,881,180  
CARTON BOTTOM FORMING METHOD AND APPARATUS
  UTL   10/657,662     6,887,191  
HANDLED CONTAINER
  UTL   10/608,165     6,918,533  
BARRIER LAMINATE STRUCTURE FOR PACKAGING BEVERAGES
  UTL   10/428,147     7,229,678  
CONTAINER GUIDE FOR A CONTAINER FILLING APPARATUS
  UTL   11/059,233     7,237,580  

 


 

                 
Title   Type   Serial No.   Patent No.  
PRESSURE PAD FOR CLOSING BOTTOM OF CARTON
  UTL   11/363,879     7,326,163  
CARTON BOTTOM SEALER APPARATUS AND METHOD
  UTL   11/302,760     7,377,891  
CARTON TOP SEALER APPARATUS AND METHOD
  UTL   11/302,841     7,392,639  
RUPTURABLE OPENING FOR SEALED CONTAINER
  UTL   10/892,961     7,556,191  
FLUID DISCHARGE NOZZLE
  UTL   11/109,520     7,594,616  
LIFTING DEVICE FOR A VACUUM TRANSFER SYSTEM
  UTL   11/831,266     7,631,912  
ENCLOSED CARTON MAGAZINE ASSEMBLY
  UTL   11/304,832     7,665,727  
PAPERBOARD BOTTLE
  DES   29/164,474     D475,630  
PAPERBOARD BOTTLE WITH ARCED HANDLE
  DES   29/175,656     D483,272  
PAPERBOARD BOTTLE
  DES   29/175,655     D503,343  
HANDLED CONTAINER
  DES   29/185,430     D513,991  
CARTON
  DES   29/302,670     D578,389  
CARTON
  DES   29/324,065     D589,791  
CARTON
  DES   29/334,041     D596,027  
CARTON
  DES   29/306,589     D601,016  
NON-FOIL COMPOSITE STRUCTURES FOR PACKAGING JUICE
  UTL   07/434,636   RE33,376
U.S. Patent Applications
         
Title   Type   Serial No.
CONTAINER FITMENT HAVING ELLIPSOIDAL OPENING
  UTL   10/804,933
CONTAINER FILLING APPARATUS INCLUDING CLEANING SYSTEM
  UTL   11/302,828
NON-FOIL BARRIER LAMINATES
  UTL   10/288,841