EX-4.237 216 y93391a2exv4w237.htm EX-4.237 exv4w237
EXHIBIT 4.237
     COPYRIGHT SECURITY AGREEMENT dated as of November 16, 2010 (this “Agreement”), among the grantor listed on Schedule I hereto (the “U.S Grantor”) 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 (as defined in the Credit Agreement) of Reynolds Group Holdings Limited (“Holdings”) from time to time party thereto and the Collateral Agent (as defined therein), (b) the Credit Agreement dated as of November 5, 2009 as amended by Amendment No. 1 dated as of January 1, 2010, as amended by Amendment No. 2 and Incremental Term Loan Assumption Agreement dated as of May 4, 2010 and as amended by Amendment No. 3 and Incremental Term Loan Assumption Agreement dated as of September 30, 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, (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 “2009 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, and (d) the Indenture dated as of October 15, 2010 (as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or otherwise modified from time to time, the “2010 Senior Secured Note Indenture”) among RGHL US Escrow I Inc., RGHL US Escrow I LLC and RGHL Escrow (Luxembourg) I S.A. (the “Escrow Issuers”), The Bank of New York Mellon as trustee, principal paying agent, registrar, transfer agent and collateral agent, The Bank of New York Mellon, London Branch as paying agent and Wilmington Trust (London) Limited as additional collateral agent. The Lenders have agreed to extend credit to the Borrowers pursuant to, and upon the terms and conditions specified in, the Credit Agreement. The 2009 Senior Secured Note Holders (each “Holder” under, and as defined in, the 2009 Senior Secured Note Indenture) have agreed to extend credit to the Issuers pursuant to, and upon the terms and conditions specified in, the 2009 Senior Secured Note Indenture. The 2010 Senior Secured Note Holders (each “Holder” under, and as defined in, the 2010 Senior Secured Note Indenture) have agreed to extend credit to the Escrow Issuers pursuant to, and upon the terms and conditions specified in, the 2010 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. The 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 the U.S. Grantor’s right, title or interest in, to and under all of the Copyrights of the U.S. Grantor (including those listed on Schedule II hereto) now owned or at any time hereafter acquired by the U.S. Grantor or in which the 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 Copyright Office. This Agreement is expressly subject to the terms and conditions set forth in the Collateral Agreement.
          SECTION 4. Collateral Agreement. The U.S. Grantor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect to the Copyrights 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.
         
  PACTIV CORPORATION
 		  
  By   /s/ Helen Golding    
    Name:   Helen Golding   
    Title:   Vice President   
 
[Signature Page to Copyright 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 Copyright Security Agreement]

 

 

Schedule I
U.S. Grantor
Pactiv Corporation

 

 

Schedule II
Copyrights
                         
            Current Recorded            
Copyright Name   Country   Case Type   Owner   Status   Reg. No.   Reg. Date
ANGEL PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605246   9/29/2003
 
                        
CHRISTMAS TREE PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605241   9/29/2003
 
                        
FEMALE ELF PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605245   9/29/2003
 
                        
HEFTY HEFTY HEFTY ringtone
  United States   Copyright   Pactiv Corporation   Registered   SRu000923443   11/2/2009
 
                        
HEFTY ZOO PALS ALLIGATOR PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210370   9/26/2002
 
                        
HEFTY ZOO PALS BLACK COW PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210371   9/26/2002
 
                        
HEFTY ZOO PALS BLACK DUCK PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210372   9/26/2002
 
                        
HEFTY ZOO PALS BLUE FISH PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210373   9/26/2002
 
                        
HEFTY ZOO PALS BLUE WHALE PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210369   9/26/2002
 
                        
HEFTY ZOO PALS BROWN COW PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210367   9/26/2002
 
                        
HEFTY ZOO PALS BUMBLEBEE PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210368   9/26/2002
 
                        
HEFTY ZOO PALS BUNNY PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210366   9/26/2002
 
                        
HEFTY ZOO PALS CARDINAL PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210365   9/26/2002
 
                        
HEFTY ZOO PALS DALMATIAN PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210364   9/26/2002
 
                        
HEFTY ZOO PALS DINOSAUR PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210351   9/26/2002
 
                        
HEFTY ZOO PALS EAGLE PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210352   9/26/2002
 
                        
HEFTY ZOO PALS ELEPHANT PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210353   9/26/2002
 
                        
HEFTY ZOO PALS FOX PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210354   9/26/2002
 
                        
HEFTY ZOO PALS FROG PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210356   9/26/2002
 
                        
HEFTY ZOO PALS GOLDFISH PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210359   9/26/2002
 
                        
HEFTY ZOO PALS GRAY WHALE PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210358   9/26/2002
 
                        
HEFTY ZOO PALS GREEN FISH PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210357   9/26/2002
 
                        
HEFTY ZOO PALS HARP SEAL PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210360   9/26/2002
 
                        
HEFTY ZOO PALS HIPPO PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210361   9/26/2002
 
                        
HEFTY ZOO PALS HUSKY PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210363   9/26/2002

 

 

                         
            Current Recorded            
Copyright Name   Country   Case Type   Owner   Status   Reg. No.   Reg. Date
HEFTY ZOO PALS KOALA PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210362   9/26/2002
 
                        
HEFTY ZOO PALS LADYBUG PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210383   9/26/2002
 
                        
HEFTY ZOO PALS LEOPARD PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210386   9/26/2002
 
                        
HEFTY ZOO PALS LION PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210384   9/26/2002
 
                        
HEFTY ZOO PALS LIZARD PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210385   9/26/2002
 
                        
HEFTY ZOO PALS MONKEY PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210387   9/26/2002
 
                        
HEFTY ZOO PALS MOUSE PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210388   9/26/2002
 
                        
HEFTY ZOO PALS OCTOPUS PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210344   9/26/2002
 
                        
HEFTY ZOO PALS OTTER PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210343   9/26/2002
 
                        
HEFTY ZOO PALS OWL PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210345   9/26/2002
 
                        
HEFTY ZOO PALS PANDA PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210349   9/26/2002
 
                        
HEFTY ZOO PALS PENGUIN PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210350   9/26/2002
 
                        
HEFTY ZOO PALS PIG PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210348   9/26/2002
 
                        
HEFTY ZOO PALS POLAR BEAR PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210347   9/26/2002
 
                        
HEFTY ZOO PALS RACCOON PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210346   9/26/2002
 
                        
HEFTY ZOO PALS RED PARROT PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210374   9/26/2002
 
                        
HEFTY ZOO PALS RHINO PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210380   9/26/2002
 
                        
HEFTY ZOO PALS SEAGULL PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210379   9/26/2002
 
                        
HEFTY ZOO PALS SHEEP PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210378   9/26/2002
 
                        
HEFTY ZOO PALS SNAIL PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210377   9/26/2002
 
                        
HEFTY ZOO PALS SNOW LEOPARD PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210376   9/26/2002
 
                        
HEFTY ZOO PALS SNOW OWL PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210375   9/26/2002
 
                        
HEFTY ZOO PALS ST. BERNARD PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210355   9/26/2002
 
                        
HEFTY ZOO PALS TEDDY BEAR PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210389   9/26/2002
 
                        
HEFTY ZOO PALS TIGER PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210393   9/26/2002
 
                        
HEFTY ZOO PALS TURTLE PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210392   9/26/2002
 
                        
HEFTY ZOO PALS WALRUS PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210390   9/26/2002
 
                        
HEFTY ZOO PALS WHITE DUCK PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210382   9/26/2002
 
                        
HEFTY ZOO PALS YELLOW DUCK PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210381   9/26/2002
 
                        
HEFTY ZOO PALS ZEBRA PLATE
  United States   Copyright   Pactiv Corporation   Registered   VA0001210391   9/26/2002

 

 

                         
            Current Recorded            
Copyright Name   Country   Case Type   Owner   Status   Reg. No.   Reg. Date
MALE ELF PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605242   9/29/2003
 
                        
MRS. CLAUS PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605243   9/29/2003
 
                        
NUTCRACKER PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605244   9/29/2003
 
                        
READING SANTA CLAUS PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605247   9/29/2003
 
                        
REINDEER PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605248   9/29/2003
 
                        
SNOWMAN PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605249   9/29/2003
 
                        
WINKING SANTA CLAUS PLATE
  United States   Copyright   Pactiv Corporation   Registered   VAu000605250   9/29/2003