EX-4.3 13 y90619exv4w3.htm EX-4.3 exv4w3
Exhibit 4.3
EXECUTION VERSION
     
 
SECURITY AGREEMENT
made by
ROADHOUSE MERGER INC.
(to be merged with and into LRI HOLDINGS, INC.,
with LRI HOLDINGS, INC. as the surviving entity)
and
ROADHOUSE FINANCING INC.
(to be merged with and into LOGAN’S ROADHOUSE, INC.,
with LOGAN’S ROADHOUSE, INC. as the surviving entity)
in favor of
WELLS FARGO BANK, NATIONAL ASSOCIATION
as Collateral Agent
Dated as of October 4, 2010
 

 


 

TABLE OF CONTENTS
         
    Page
SECTION 1. DEFINED TERMS
    1  
1.1 Definitions
    1  
1.2 Other Definitional Provisions
    7  
 
       
SECTION 2. INTENTIONALLY OMITTED
    7  
 
       
SECTION 3. GRANT OF SECURITY INTEREST
    7  
 
       
SECTION 4. REPRESENTATIONS AND WARRANTIES
    8  
4.1 Title; No Other Liens
    8  
4.2 Perfected Second Priority Liens
    8  
4.3 Jurisdiction of Organization; Chief Executive Office
    9  
4.4 Inventory and Equipment
    9  
4.5 Farm Products
    9  
4.6 Investment Property
    9  
4.7 Receivables
    9  
4.8 Material Contracts
    10  
4.9 Intellectual Property
    10  
4.10 Commercial Tort Claims
    11  
 
       
SECTION 5. COVENANTS
    11  
5.1 Delivery of Instruments, Certificated Securities and Chattel Paper
    11  
5.2 Maintenance of Insurance
    12  
5.3 Maintenance of Perfected Security Interest; Further Documentation
    12  
5.4 Changes in Name, etc.
    12  
5.5 Notices
    13  
5.6 Investment Property
    13  
5.7 Intentionally Omitted
    14  
5.8 Material Contracts
    14  
5.9 Intellectual Property
    14  
5.10 Commercial Tort Claims
    15  
5.11 Deposit Accounts
    15  
5.12 Securities Accounts
    16  
 
       
SECTION 6. REMEDIAL PROVISIONS
    17  
6.1 Certain Matters Relating to Receivables
    17  
6.2 Communications with Obligors; Grantors Remain Liable
    17  
6.3 Pledged Stock
    18  
6.4 Proceeds to be Turned Over To Collateral Agent
    18  
6.5 Application of Proceeds
    19  
6.6 Code and Other Remedies
    19  
6.7 Registration Rights
    19  
6.8 Subordination
    20  
6.9 Deficiency
    20  
 
       
SECTION 7. THE COLLATERAL AGENT
    20  

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    Page
7.1 Collateral Agent’s Appointment as Attorney-in-Fact, etc.
    21  
7.2 Duty of Collateral Agent
    22  
7.3 Authorization of Financing Statements
    22  
7.4 Authority of Collateral Agent
    22  
7.5 Protections of Collateral Agent
    23  
 
       
SECTION 8. MISCELLANEOUS
    24  
8.1 Amendments in Writing
    24  
8.2 Notices
    24  
8.3 No Waiver by Course of Conduct; Cumulative Remedies
    24  
8.4 Enforcement Expenses; Indemnification
    24  
8.5 Successors and Assigns
    24  
8.6 [Intentionally Omitted]
    24  
8.7 Counterparts
    24  
8.8 Severability
    25  
8.9 Section Headings
    25  
8.10 Integration
    25  
8.11 GOVERNING LAW
    25  
8.12 Submission To Jurisdiction; Waivers
    25  
8.13 Acknowledgements
    26  
8.14 Additional Grantors
    26  
8.15 Releases
    26  
8.16 WAIVER OF JURY TRIAL
    26  
8.17 Intercreditor Agreement
    26  
 
       
SCHEDULES
     
Schedule 1
  Investment Property
Schedule 2
  Perfection Matters
Schedule 3
  Jurisdictions of Organization and Chief Executive Offices
Schedule 4
  Inventory and Equipment Locations
Schedule 5
  Intellectual Property
Schedule 6
  Commodity Accounts
Schedule 7
  Deposit Accounts
Schedule 8
  Securities Accounts

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SECURITY AGREEMENT
SECURITY AGREEMENT, dated as of October 4, 2010, made by each of the signatories hereto (together with any other entity that may become a party hereto as provided herein, the “Grantors”), in favor of Wells Fargo Bank, National Association, as Collateral Agent (in such capacity, the “Collateral Agent”) for the Secured Parties referred to below.
W I T N E S S E T H:
          WHEREAS, pursuant to the Indenture, dated as of October 4, 2010 (as amended, supplemented or otherwise modified from time to time, including the Supplemental Indenture, the “Indenture”), among Roadhouse Financing Inc., a Delaware corporation (to be merged with and into Logan’s Roadhouse, Inc., a Tennessee corporation, with Logan’s Roadhouse, Inc. continuing as the surviving corporation) (the “Company”), Roadhouse Merger Inc., a Delaware corporation (to be merged with and into LRI Holdings, Inc., a Delaware corporation, with LRI Holdings, Inc. continuing as the surviving corporation) (“Holdings”), Wells Fargo Bank National Association, as trustee (the “Trustee”) and the Collateral Agent, Finance Co has issued its 10.75% Senior Secured Notes due 2017 (the “Notes”);
          WHEREAS, immediately upon consummation of the mergers (as described in the Purchase Agreement, dated September 27, 2010 among Roadhouse Financing Inc., Roadhouse Merger Inc. and the initial purchasers named therein (the “Purchase Agreement”)) the Grantors entered into a Supplemental Indenture for Merger, dated as of October 4, 2010, by and among Logan’s Roadhouse, Inc., LRI Holdings, Inc., Logan’s Roadhouse of Kansas, Inc. (“Logan’s Kansas”), Logan’s Roadhouse of Texas, Inc. (“Logan’s Texas”), the Trustee and the Collateral Agent (the “Supplemental Indenture”);
          WHEREAS, the Company is a member of an affiliated group of companies that, following the consummation of the LRI Merger and the Finance Merger, will include each other Grantor;
          WHEREAS, the Company and the other Grantors are engaged in related businesses, and each Grantor will derive substantial direct and indirect benefit from the issuance of the Notes;
          WHEREAS, upon execution and delivery of the Supplemental Indenture, LRI Holdings, Inc. and each Subsidiary Guarantor will guarantee the Secured Obligations (as defined below) under the Indenture; and
          WHEREAS, it is a condition precedent to the issuance of the Notes that the Grantors shall have executed and delivered this Agreement (or an accession, assumption, supplement or joinder hereto) to the Collateral Agent in order to grant a security interest in favor of the Collateral Agent for the ratable benefit of the Secured Parties;
          NOW, THEREFORE, in consideration of the premises and other good and valuable consideration the receipt of which is hereby acknowledged, each Grantor hereby agrees, or by execution and delivery of an accession, assumption, supplement or joinder hereto shall be deemed to agree, with the Collateral Agent, for the ratable benefit of the Secured Parties, as follows:
SECTION 1. DEFINED TERMS
          1.1 Definitions. (a) Unless otherwise defined herein, terms defined in the Indenture and used herein shall have the meanings given to them in the Indenture, and the following terms are used herein as defined in the New York UCC: Accounts, Certificated Security, Chattel Paper, Commercial

 


 

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Tort Claims, Documents, Equipment, Farm Products, Fixtures, General Intangibles, Instruments, Inventory, Letter-of-Credit Rights and Supporting Obligations. (b) The following terms shall have the following meanings:
          “Agreement”: this Security Agreement, as the same may be amended, supplemented or otherwise modified from time to time, including by execution and delivery of a Joinder Agreement in the form of Annex 1 hereto.
          “Collateral”: as defined in Section 3.
          “Collateral Account”: any collateral account established by the Collateral Agent as provided in Section 6.1 or 6.4.
          “Commodity Account”: as defined in the Uniform Commercial Code of any applicable jurisdiction and, in any event, including, without limitation, all commodity contracts from time to time carried in such Commodity Accounts, and all value, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such commodity contracts, including, as of the date of this Agreement, any of the foregoing referred to in Schedule 6.
          “Commodity Account Control Agreement”: as defined in Section 5.12(b).
          “Company Obligations”: any principal, interest, penalties, fees, premiums (if any), indemnifications, reimbursements, guarantees and other liabilities payable by the Company under and pursuant to the terms of the Notes, the Indenture and the Collateral Documents, in each case, whether now or hereafter existing, renewed or restructured, whether or not from time to time decreased or extinguished and later increased, created or incurred, whether or not arising on or after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding (including post-filing and post-petition interest, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding).
          “Copyrights”: (i) all copyrights arising under the laws of the United States, whether registered or unregistered and whether published or unpublished (including, without limitation, those listed in Schedule 5), all registrations and recordings thereof, and all applications in connection therewith, including, without limitation, all registrations, recordings and applications in the United States Copyright Office, and (ii) the right to obtain all renewals thereof.
          “Copyright Licenses”: any written agreement, naming any Grantor as licensor or licensee (including, without limitation, those listed in Schedule 5), granting any right under any Copyright, including, without limitation, the grant of rights to manufacture, distribute, exploit and sell materials derived from any Copyright.
          “Credit Agreement Obligations”: as defined in the Indenture.
          “Current Premises”: as defined in the definition of “Excluded Property.”
          “Deposit Account”: as defined in the Uniform Commercial Code of any applicable jurisdiction and, in any event, including, without limitation, any demand, time, savings, passbook or like account maintained with a depositary institution, including, as of the date of this Agreement, any of the foregoing referred to in Schedule 7.


 

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          “Deposit Account Control Agreement”: as defined in Section 5.11(a).
          “Excluded Deposit Account”: as defined in Section 5.11(a).
          “Excluded Other Accounts”: as defined in Section 5.11(a).
          “Excluded Property”: with respect to the Company or any Grantor, any of the following:
     (i) assets (including vehicles) covered by a certificate of title or ownership title to the extent that a Lien therein cannot be perfected by the filing of Uniform Commercial Code financing statements in the jurisdictions of organization of the Company or the applicable Guarantor;
     (ii) any Letter-Of-Credit Rights to the extent applicable law requires the application of the proceeds of a drawing of such Letter of Credit for a specified purpose;
     (iii) (A)(1) any Capital Stock of a Foreign Subsidiary or Foreign Subsidiary Holding Company in excess of 66% of the issued and outstanding Capital Stock of such Foreign Subsidiary or Foreign Subsidiary Holding Company and (2) any issued and outstanding Capital Stock of any Foreign Subsidiary that is not a first tier Wholly Owned Subsidiary, (B) any Capital Stock of any non Wholly Owned Subsidiary owned on or acquired after the Issue Date if the pledge of such Capital Stock would violate any applicable law or regulation or an enforceable contractual obligation binding on or relating to such Capital Stock and (C) any interests held by the Company or any Restricted Subsidiary in any not-for-profit entity or fund or in any real estate investment trust;
     (iv) any right, title or interest in any license from a non-affiliate to which the Company or any Guarantor is a party or any of their respective right, title or interest under such license to the extent such license grants a license to the Company or Guarantor, as applicable, to use any copyrights; trademarks, patents or other forms of intellectual property and prohibits the grant of a security interest therein to secure the Secured Obligations;
     (v) any right, title or interest in any license, contract or agreement to which the Company or any Guarantor is a party or any of their respective right, title or interest thereunder to the extent, but only to the extent, that a transfer of which is not permitted by applicable law or a grant thereof would violate the terms of such license, contract or agreement to which the Company or any Guarantor is a party, or result in a breach of the terms of, or constitute a default under, or result in the abandonment, invalidation or unenforceability of, any such license, contract or agreement (other than to the extent that any such term would be rendered ineffective pursuant to Section 9-406(d), 9-407(a), 9-408 or 9-409 of the Uniform Commercial Code or any other applicable law or regulation (including Title 11 of the United States Code); provided that, immediately upon the ineffectiveness, lapse or termination of any such provision, this shall no longer constitute Excluded Property;
     (vi) any assets to the extent that, and for so long as, granting a security interest therein would violate applicable law or regulation or an enforceable contractual obligation (after giving effect to Section 9-406(d), 9-407(a), 9-408 or 9-409 of the Uniform Commercial Code and other applicable law) binding (A) on assets acquired after


 

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the Issue Date that existed at the time of the acquisition thereof and was not created or made binding on such assets in contemplation or in connection with the acquisition of such assets and (B) on any assets owned on the Issue Date or acquired after the Issue Date that are subject to a Permitted Lien specified in clauses (10) and (22) of the definition of “Permitted Liens” under the Indenture; provided that, immediately upon the ineffectiveness, lapse or termination of any such provision, this shall no longer constitute Excluded Property;
     (vii) any Equipment or other asset that is subject to a purchase money lien or a Capitalized Lease Obligation, in each case, as permitted by the Indenture, if the contract or other agreement in which such Lien is granted (or the documentation providing for such Capitalized Lease Obligation) prohibits or requires the consent of any person (other than the Company or the applicable Guarantor) as a condition to the creation of any other security interest on such Equipment or other asset and, in each case, such prohibition or requirement is permitted by the Indenture;
     (viii) leasehold interests in real property;
     (ix) owned real property other than the After-Acquired Threshold Premises, any Sub-Threshold Properties selected by the Company pursuant to Section 10.05 of the Indenture and the properties listed on Schedule 1 to the Indenture as of the date of this Agreement (the “Current Premises”); and
     (x) any interest in alcoholic beverage inventory;
provided, however, that Excluded Property shall not include any Proceeds, substitutions or replacements of any Excluded Property referred to above and such Proceeds shall not constitute “Excluded Property” (unless such Proceeds, substitutions or replacements would constitute Excluded Property referred to above).
          “Guarantor Obligations”: with respect to any Guarantor, all obligations and liabilities of such Guarantor which may arise under or in connection with the Indenture, its Note Guarantee and the Collateral Documents, in each case whether on account of guarantee obligations, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Collateral Agent or to any Secured Party that are required to be paid by such Guarantor pursuant to the Indenture).
          “Infringe”: as defined in Section 4.9(c).
          “Intellectual Property”: the collective reference to all rights, priorities and privileges relating to intellectual property, arising under United States laws, including, without limitation, the Copyrights, the Copyright Licenses, the Patents, the Patent Licenses, the Trademarks and the Trademark Licenses, and all rights to sue at law or in equity for any Infringement thereof, including the right to receive all proceeds and damages therefrom.
          “Intercompany Note”: any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.
          “Investment Property”: the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than Excluded Property) excluded


 

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from the definition of “Pledged Stock” and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.
          “Issuers”: the collective reference to each issuer of any Investment Property.
          “Material Contracts”: the contracts and agreements to which any Grantor is a party for which breach, non-performance, cancellation or failure to renew would reasonably be expected to have a Material Adverse Effect as the same may be amended, supplemented or otherwise modified from time to time, including, without limitation, (i) all rights of any Grantor to receive moneys due and to become due to it thereunder or in connection therewith, (ii) all rights of any Grantor to damages arising thereunder and (iii) all rights of any Grantor to perform and to exercise all remedies thereunder.
          “New York UCC”: the Uniform Commercial Code as from time to time in effect in the State of New York.
          “Obligor”: as defined in Section 5.11(b).
          “Patents”: (i) all letters patent of the United States, all reissues and extensions thereof, including, without limitation, any of the foregoing referred to in Schedule 5, (ii) all applications for letters patent of the United States or any other country and all divisions, continuations and continuations-in-part thereof, including, without limitation, any of the foregoing referred to in Schedule 5, and (iii) all rights to obtain any reissues, extensions or renewals of the foregoing.
          “Patent License”: any written agreement, providing for the grant by or to any Grantor of any right to manufacture, have manufactured, use or sell (directly or indirectly) any invention covered in whole or in part by a Patent, including, without limitation, any of the foregoing referred to in Schedule 5.
          “Pledged Account Bank”: as defined in Section 5.11(a).
          “Pledged Notes”: all promissory notes listed on Schedule 1, all Intercompany Notes at any time issued to any Grantor and all other promissory notes issued to or held by any Grantor (other than promissory notes issued in connection with extensions of trade credit by any Grantor in the ordinary course of business).
          “Pledged Stock”: the shares of Capital Stock listed on Schedule 1, together with any other shares, stock certificates, options, interests or rights of any nature whatsoever in respect of the Capital Stock of any Person that may be issued or granted to, or held by, any Grantor while this Agreement is in effect, other than Excluded Property.
          “Proceeds”: all “proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC and, in any event, shall include, without limitation, all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto.
          “Receivable”: any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).
          “Rule 3-16 Excluded Property”: any Capital Stock of the Company or any Subsidiary of the Company to the extent that the pledge of such Capital Stock results in the Company or such Subsidiary being required to file separate financial statements of the Company or such Subsidiary with the SEC (or any other governmental agency), but only to the extent necessary not to be subject to such


 

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requirement. In the event that Rule 3-16 of Regulation S-X under the Securities Act is amended, modified or interpreted by the SEC to require (or is replaced with another rule or regulation, or any other law, rule or regulation is adopted, which would require) the filing with the SEC (or any other governmental agency) of separate financial statements of the Company or any Subsidiary of the Company due to the fact that the Company’s or such Subsidiary’s Capital Stock secures the Secured Obligations, then the Capital Stock of the Company or such Subsidiary shall automatically be deemed to be “Regulation 3-16 Excluded Property” without consent from any Secured Party, but only to the extent necessary to not be subject to such requirement. In the event that Rule 3-16 of Regulation S-X under the Securities Act is amended, modified or interpreted by the SEC to permit (or is replaced with another rule or regulation, or any other law, rule or regulation is adopted, which would permit) the Company’s or such Subsidiary’s Capital Stock to secure the Secured Obligations in excess of the amount then pledged without the filing with the SEC (or any other governmental agency) of separate financial statements of the Company or such Subsidiary, then the Capital Stock of the Company or of such Subsidiary shall automatically cease to be deemed “Regulation 3-16 Excluded Property”.
          “Secured Obligations”: (i) in the case of the Company, the Company Obligations, and (ii) in the case of each Guarantor, its Guarantor Obligations.
          “Secured Parties”: the collective reference to (i) the Collateral Agent, (ii) the Trustee and (iii) the Holders.
          “Securities Accounts”: as defined in the Uniform Commercial Code of any applicable jurisdiction and, in any event, including, without limitation, all security entitlements with respect to all financial assets from time to time credited to the Securities Accounts, and all financial assets, and all dividends, distributions, return of capital, interest, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all such security entitlements or such financial assets and all subscription warrants, rights or options issued thereon or with respect thereto, including, as of the date of this Agreement, any of the foregoing referred to in Schedule 8.
          “Securities Account Control Agreement”: as defined in Section 5.12(a).
          “Securities Act”: the Securities Act of 1933, as amended.
          “Specified Collateral” any Collateral (i) to the extent that the same arises under the laws of any jurisdiction other than the United States (or any State thereof), (ii) constituting any licenses, permits or authorizations issued by a Governmental Authority or Fixtures to the extent that a Lien therein cannot be perfected by the filing of Uniform Commercial Code financing statements in the jurisdiction of organization of the applicable Grantor or (iii) real property (other than Fixtures).
          “Trademarks”: (i) all trademarks, trade names, brand names, corporate names, company names, business names, fictitious business names, trade styles, trade dress, domain names, service marks, logos and other source or business identifiers, and all goodwill connected with the use of and symbolized by the foregoing, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all applications in connection therewith (excluding any “intent-to-use” application for trademark or service mark registration filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, to the extent the inclusion in the Collateral could result in a loss of rights before an Amendment to Allege Use or a Statement of Use under Sections 1(c) and 1(d) of said Act has been filed) in the United States Patent and Trademark Office or in any similar office or agency of the United States, or any State thereof, and all common-law rights related thereto, including, without limitation, any of the foregoing referred to in Schedule 5, and (ii) the right to obtain all renewals thereof.


 

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          “Trademark License”: any written agreement providing for the grant by or to any Grantor of any right to use any Trademark, including, without limitation, any of the foregoing referred to in Schedule 5.
          1.2 Other Definitional Provisions. (a) The words “hereof,” “herein”, “hereto” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section and Schedule references are to this Agreement unless otherwise specified.
          (b) The meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms.
          (c) Where the context requires, terms relating to the Collateral or any part thereof, when used in relation to a Grantor, shall refer to such Grantor’s Collateral or the relevant part thereof.
SECTION 2. INTENTIONALLY OMITTED
SECTION 3. GRANT OF SECURITY INTEREST
          Each Grantor hereby grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in, all of the following property now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Collateral”), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such Grantor’s Secured Obligations:
          (a) all Accounts;
          (b) all Chattel Paper;
          (c) all contracts and agreements, including, without limitation, all Material Contracts;
          (d) all Deposit Accounts;
          (e) all Documents;
          (f) all Equipment;
          (g) all Fixtures;
          (h) all General Intangibles;
          (i) all Instruments;
          (j) all Intellectual Property;
          (k) all Inventory;


 

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          (l) all Investment Property (including all Commodity Accounts and Securities Accounts);
          (m) all Letter-of-Credit Rights;
          (n) all other property not otherwise described above;
          (o) all books and records pertaining to the Collateral; and
          (p) to the extent not otherwise included, all Proceeds, Supporting Obligations and products of any and all of the foregoing and all collateral security and guarantees given by any Person with respect to any of the foregoing;
provided, however, that notwithstanding any of the other provisions set forth in this Section 3, the term Collateral and the terms set forth in this Section defining the components of Collateral shall not include, and this Agreement shall not constitute a grant of security interest in any Excluded Property; provided, further, that notwithstanding anything to the contrary contained herein, this Agreement shall not constitute a grant of a security interest in any Rule 3-16 Excluded Property to secure any Secured Obligations.
SECTION 4. REPRESENTATIONS AND WARRANTIES
          To induce the Collateral Agent and the Secured Parties to enter into the Indenture and to induce the Secured Parties to make their respective extensions of credit to the Company thereunder, each Grantor hereby represents and warrants to the Collateral Agent and each Secured Party that:
          4.1 Title; No Other Liens. Except for the security interest granted to the Collateral Agent for the ratable benefit of the Secured Parties pursuant to this Agreement and the other Liens permitted to exist on the Collateral by the Indenture, such Grantor owns each item of the Collateral free and clear of any and all Liens. No financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except such as have been filed in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, pursuant to this Agreement or as are permitted by the Indenture or are being released on the Issue Date. For the avoidance of doubt, it is understood and agreed that any Grantor may, as part of its business, grant licenses in the ordinary course of business to third parties to use Intellectual Property owned by, licensed to or developed by a Grantor. For purposes of this Agreement and the other Collateral Documents, such licensing activity shall not constitute a “Lien” on such Intellectual Property. Each of the Collateral Agent and each Secured Party understands that any such licenses may be exclusive to the applicable licensees, and such exclusivity provisions may limit the ability of the Collateral Agent to utilize, sell, lease or transfer the related Intellectual Property or otherwise realize value from such Intellectual Property pursuant hereto.
          4.2 Perfected Second Priority Liens. On the date hereof, the security interests granted pursuant to this Agreement (a) upon completion of the filings and other actions specified on Schedule 2 (which, in the case of all filings and other documents referred to on said Schedule required by the Indenture or the Purchase Agreement to be delivered by the date of this Agreement, have been so delivered to the Collateral Agent in completed and duly executed form) will constitute valid perfected security interests in all of the Collateral in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, as collateral security for such Grantor’s Obligations, enforceable in accordance with the terms hereof against all creditors of such Grantor and any Persons purporting to purchase any such Collateral from such Grantor and (b) are prior to all other Liens on such Collateral in existence on the date of this Agreement except for Liens permitted by the Indenture, including Liens securing the Credit


 

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Agreement Obligations; provided, however, that additional filings in the United States Patent and Trademark Office and United States Copyright Office may be necessary with respect to the perfection of the Collateral Agent’s Lien in United States registrations and applications for Trademarks, Patents and Copyrights which are filed by, issued to, or acquired by Grantor after the date of this Agreement and, provided, further, that additional filings and/or other actions may be required to perfect the Collateral Agent’s Lien in Intellectual Property which is created under the laws of a jurisdiction outside the United States and (ii) additional filings, recordations or actions may be required with respect to other Specified Collateral.
          4.3 Jurisdiction of Organization; Chief Executive Office. On the date of this Agreement, such Grantor’s jurisdiction of organization, identification number from the jurisdiction of organization (if any), and the location of such Grantor’s chief executive office or sole place of business or principal residence, as the case may be, are specified on Schedule 3. Such Grantor has furnished to the Collateral Agent on the Issue Date a certified charter, certificate of incorporation or other organizational document and long-form (if available) good standing certificate as of a date which is recent to the date of this Agreement.
          4.4 Inventory and Equipment. On the date of this Agreement, the Inventory and the Equipment (other than mobile goods) having an aggregate value of more than $100,000 are kept at the locations listed on Schedule 4.
          4.5 Farm Products. None of the Collateral constitutes, or is the Proceeds of, Farm Products.
          4.6 Investment Property. (a) The shares of Pledged Stock pledged by such Grantor hereunder constitute all the issued and outstanding shares of all classes of the Capital Stock of each Issuer owned by such Grantor or, in the case of Capital Stock of a Foreign Subsidiary or Foreign Subsidiary Holding Company, 66% of the outstanding Capital Stock of each relevant Issuer.
          (b) All the shares of the Pledged Stock have been duly and validly issued and are fully paid and nonassessable.
          (c) Each of the Pledged Notes constitutes the legal, valid and binding obligation of the obligor with respect thereto, enforceable in accordance with its terms, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.
          (d) Such Grantor is the record and beneficial owner of, and has good and marketable title to, the Investment Property pledged by it hereunder, free of any and all Liens or options in favor of, or claims of, any other Person, except the security interest created by this Agreement and other Liens permitted under the Indenture.
          4.7 Receivables. (a) No amount payable to such Grantor under or in connection with any Receivable in an amount exceeding $100,000 is evidenced by any Instrument or Chattel Paper which, subject to Section 8.17, has not been delivered to the Collateral Agent.
          (b) None of the obligors on any Receivable in an amount exceeding $100,000 is a Governmental Authority.


 

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          (c) The amounts represented by such Grantor to the Secured Parties from time to time as owing to such Grantor in respect of the Receivables will at such times be accurate in all material respects.
          4.8 Material Contracts.
          (a) No consent of any party (other than such Grantor) to any Material Contract is required in connection with the execution, delivery and performance of this Agreement (except as has been (or is otherwise required to be) obtained in accordance with the terms of the Indenture and the Purchase Agreement).
          (b) Each Material Contract is in full force and effect and constitutes a valid and legally enforceable obligation of the parties thereto, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.
          (c) No consent or authorization of, filing with or other act by or in respect of any Governmental Authority is required in connection with the execution, delivery, performance, validity or enforceability of any of the Material Contracts by such Grantor other than those which have been duly obtained, made or performed, are in full force and effect, except for any such consent, authorization or filing, the failure to obtain or make, would not reasonably be expected to have a Material Adverse Effect.
          (d) Neither such Grantor nor (to the best of such Grantor’s knowledge) any of the other parties to the Material Contracts is in default in the performance or observance of any of the terms thereof in any manner that, in the aggregate, would reasonably be expected to have a Material Adverse Effect.
          (e) The right, title and interest of such Grantor in, to and under the Material Contracts are not subject to any defenses, offsets, counterclaims or claims that, in the aggregate, would reasonably be expected to have a Material Adverse Effect.
          (f) On the Issue Date, such Grantor has delivered to the Collateral Agent a complete and correct copy of each Material Contract, including all amendments, supplements and other modifications thereto.
          (g) No amount payable to such Grantor in excess of $100,000 under or in connection with any Material Contract is evidenced by any Instrument or Chattel Paper which, subject to Section 8.17, has not been delivered to the Collateral Agent.
          (h) None of the parties to any Material Contract is a Governmental Authority.
          4.9 Intellectual Property.
          (a) Schedule 5 lists all Intellectual Property (other than Specified Collateral) issued, registered or for which an application is pending and owned by such Grantor in its own name on the date of this Agreement.
          (b) Each Grantor owns or has the right to use, free of all Liens (other than Liens permitted by the Indenture), all Intellectual Property currently used in the operation of such Grantor’s business except as would not reasonably be expected to result in a Material Adverse Effect.


 

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          (c) On the date of this Agreement, all Intellectual Property owned by such Grantor is (i) valid, subsisting, unexpired and enforceable, (ii) has not been abandoned, (iii) does not infringe, impair, misappropriate, dilute or otherwise violate (to “Infringe” and similar constructions will be construed accordingly) the Intellectual Property rights of any other Person and (iv) is not being Infringed by any other Person except, in each case of this Section 4.9(c), as would not reasonably be expected to result in a Material Adverse Effect.
          (d) Except as set forth in Schedule 5, on the date of this Agreement, none of the Intellectual Property is the subject of any material licensing or franchise agreement pursuant to which such Grantor is the licensor or franchisor other than those entered into in the ordinary course of business.
          (e) On the date of this Agreement, no holding, decision or judgment has been rendered by any Governmental Authority which would limit, cancel or challenge the validity, enforceability, ownership or use of, or such Grantor’s rights in, any Intellectual Property in any respect, and such Grantor knows of no valid basis for same, in each case, that would reasonably be expected to result in a Material Adverse Effect.
          (f) No action or proceeding is pending, or, to the knowledge of such Grantor, threatened or imminent, on the date of this Agreement (i) seeking to limit, cancel or challenge the validity, enforceability, ownership or use of any Intellectual Property by Grantor or such Grantor’s interest therein and (ii) which, if adversely determined, would reasonably be expected to result in a Material Adverse Effect on the value of any Intellectual Property.
          4.10 Commercial Tort Claims
          (a) On the date of this Agreement, except to the extent listed in Section 3 above, no Grantor has rights in any Commercial Tort Claim with a net present expected recovery value (as determined by such Grantor in its good faith business judgment) in excess of $200,000.
          (b) Upon the filing of a financing statement covering any Commercial Tort Claim referred to in Section 5.10 hereof against such Grantor in the jurisdiction specified in Schedule 2 hereto, the security interest granted in such Commercial Tort Claim will constitute a valid perfected security interest in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, as collateral security for such Grantor’s Obligations, enforceable in accordance with the terms hereof against all creditors of such Grantor and any Persons purporting to purchase such Collateral from Grantor, which security interest shall be prior to all other Liens on such Collateral except for unrecorded Liens permitted by the Indenture which have priority over the Liens on such Collateral by operation of law and Liens securing Credit Agreement Obligations.
SECTION 5. COVENANTS
          Each Grantor covenants and agrees with the Collateral Agent and the Secured Parties that, from and after the date of this Agreement until the Secured Obligations shall have been paid in full:
          5.1 Delivery of Instruments, Certificated Securities and Chattel Paper. If any amount payable in excess of $200,000 under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper, subject to Section 8.17, such Instrument, Certificated Security or Chattel Paper shall be promptly delivered to the Collateral Agent, duly indorsed in favor of the Collateral Agent, to be held as Collateral pursuant to this Agreement.


 

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          5.2 Maintenance of Insurance. (a) The Company shall maintain with financially sound and reputable insurance companies insurance on all of its properties in at least such amounts (with such deductibles and self insured retentions) and against at least such risks (but including in any event public liability, product liability, business interruption and hazards) as are usually insured against in the same general area by companies engaged in the same or a similar business, and (b) all losses shall be adjusted by the Company with the insurance companies. Subject to the terms of the Indenture, so long as no Event of Default has occurred and is continuing, all insurance proceeds and all awards and proceeds of any condemnation or other proceedings with respect to any property of the Grantors shall be collected by or on behalf of the applicable Grantor, and applied by the applicable Grantor to restore or replace the related property. Subject to the terms of the Indenture, if an Event of Default has occurred and is continuing, any such proceeds and awards with respect to any Collateral or property subject to a Mortgage shall be applied in accordance with Section 6.5. Subject to the Intercreditor Agreement, all such insurance shall (i) provide that no cancellation shall be effective until at least ten days after receipt by the Collateral Agent of written notice thereof and (ii) name the Collateral Agent as an additional insured party or loss payee, as applicable.
          (b) The Company shall deliver to the Collateral Agent and the Secured Parties a report of a reputable insurance broker with respect to such insurance substantially concurrently with each delivery of the Company’s audited annual financial statements and such supplemental reports with respect thereto that are delivered to the First Priority Representative.
          5.3 Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement (other than with respect to Specified Collateral), subject to any limitations with respect to perfection set forth in the Indenture and this Agreement as a perfected security interest having at least the priority described in Section 4.2 of this Agreement (subject to Liens permitted by the Indenture) and shall defend such security interest against the claims and demands of all Persons whomsoever, subject to the rights of such Grantor under the Indenture and the Collateral Documents to dispose of the Collateral.
          (b) Such Grantor shall furnish to the Collateral Agent from time to time statements and schedules further identifying and describing the assets and property of such Grantor and such other reports in connection therewith as are delivered to the First Priority Representative, all in reasonable detail.
          (c) At any time and from time to time but subject to the limitations as to perfection set forth in the other covenants in the Indenture and this Agreement, subject to Section 8.17, at the sole expense of such Grantor, such Grantor will promptly and duly execute and deliver, and have recorded, such further instruments and documents and take such further actions as shall be necessary and appropriate for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted, including, without limitation, (i) filing any financing or continuation statements under the Uniform Commercial Code (or other similar laws) in effect in any jurisdiction with respect to the security interests created hereby and (ii) in the case of Investment Property, Deposit Accounts, Letter-of-Credit Rights, and any other relevant Collateral, subject to the other provisions of this Agreement, taking any actions necessary to enable the Collateral Agent to obtain “control” (within the meaning of the applicable Uniform Commercial Code) with respect thereto.
          5.4 Changes in Name, etc. Such Grantor will not, except upon ten days’ prior written notice to the Collateral Agent and delivery to the Collateral Agent of all additional financing statements and other documents necessary to maintain the validity, perfection and priority of the security interests provided for herein, (i) change its jurisdiction of organization or the location of its chief


 

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executive office or sole place of business or principal residence from that referred to in Section 4.3 or (ii) change its name.
          5.5 Notices. Such Grantor will advise the Collateral Agent promptly, in reasonable detail, of:
          (a) any Lien (other than security interests created hereby or Liens permitted under the Indenture) on any of the Collateral which would adversely affect the ability of the Collateral Agent to exercise any of its remedies hereunder; and
          (b) of the occurrence of any other event which would reasonably be expected to have a Material Adverse Effect on the aggregate value of the Collateral or on the security interests created hereby.
          5.6 Investment Property. (a) If such Grantor shall become entitled to receive or shall receive any certificate (including, without limitation, any certificate representing a dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), option or rights in respect of the Capital Stock of any Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of the Pledged Stock, or otherwise in respect thereof, such Grantor shall, subject to Section 8.17, accept the same as the agent of the Collateral Agent and the Secured Parties, hold the same in trust for the Collateral Agent and the Secured Parties and deliver the same forthwith to the Collateral Agent in the form received, duly indorsed by such Grantor to the Collateral Agent, if required, together with an undated stock power covering such certificate duly executed in blank by such Grantor and with signature guaranteed, to be held by the Collateral Agent, subject to the terms hereof, as additional collateral security for the Secured Obligations. Except as permitted by the Indenture and subject to Section 8.17, any sums paid upon or in respect of the Investment Property upon the liquidation or dissolution of any Issuer shall be paid over to the Collateral Agent to be held by it hereunder as additional collateral security for the Secured Obligations, and in case any distribution of capital shall be made on or in respect of the Investment Property or any property shall be distributed upon or with respect to the Investment Property pursuant to the recapitalization or reclassification of the capital of any Issuer or pursuant to the reorganization thereof, the property so distributed shall, unless otherwise subject to a perfected security interest in favor of the Collateral Agent, be delivered to the Collateral Agent to be held by it hereunder as additional collateral security for the Secured Obligations. If any sums of money or property so paid or distributed in respect of the Investment Property shall be received by such Grantor, such Grantor shall, subject to Section 8.17, until such money or property is paid or delivered to the Collateral Agent, hold such money or property in trust for the Collateral Agent and the Secured Parties, segregated from other funds of such Grantor, as additional collateral security for the Secured Obligations.
          (b) Subject to Section 8.17, without the prior written consent of the Collateral Agent, such Grantor will not (i) vote to enable, or take any other action to permit, any Issuer to issue any Capital Stock of any nature or to issue any other securities convertible into or granting the right to purchase or exchange for any Capital Stock of any nature of any Issuer, (ii) sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Investment Property or Proceeds thereof (except pursuant to a transaction expressly permitted by the Indenture), (iii) create, incur or permit to exist any Lien or option in favor of, or any claim of any Person with respect to, any of the Investment Property or Proceeds thereof, or any interest therein, except for the security interests created by this Agreement or Liens permitted by the Indenture, or (iv) enter into any agreement or undertaking restricting the right or ability of such Grantor or the Collateral Agent to sell, assign or transfer any of the Investment Property or Proceeds thereof.


 

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          (c) In the case of each Grantor which is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Investment Property issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Section 5.7 with respect to the Investment Property issued by it and (iii) the terms of Sections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Section 6.3(c) or 6.7 with respect to the Investment Property issued by it.
          5.7 [Intentionally Omitted].
          5.8 Material Contracts.
          (a) Such Grantor will perform and comply in all material respects with all its obligations under the Material Contracts.
          (b) Such Grantor will not amend, modify, terminate or waive any provision of any Material Contract in any manner which could reasonably be expected to materially adversely affect the value of such Material Contract as Collateral.
          (c) Such Grantor will exercise promptly and diligently each and every material right which it may have under each Material Contract (other than any right of termination).
          (d) Such Grantor will deliver to the Collateral Agent a copy of each material written demand, written notice or document received by it relating in any way to any Material Contract that questions the validity or enforceability of such Material Contract.
          5.9 Intellectual Property. (a) Subject to such Grantor’s commercially reasonable business judgment, such Grantor (either itself or through licensees) will (i) continue to use each material Trademark on trademark classes of goods or services applicable to its current business, in order to maintain such Trademark in full force free from any claim of abandonment for non-use, (ii) maintain in a manner consistent with past practices the quality of all products and services offered under such Trademark, (iii) use such Trademark with the appropriate notice of registration and all other notices and legends required by applicable Requirements of Law, (iv) not adopt or use any new mark or any mark which is confusingly similar or a colorable imitation of such Trademark unless the Collateral Agent, for the ratable benefit of the Secured Parties, shall obtain a perfected security interest in such mark to the extent required pursuant to this Agreement, and (v) not (and not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby such Trademark may become invalidated or abandoned.
          (b) Subject to such Grantor’s commercially reasonable business judgment, such Grantor (either itself or through licensees) will not do any act, or omit to do any act, whereby any material Patent may become forfeited, abandoned or dedicated to the public.
          (c) Subject to such Grantor’s commercially reasonable business judgment, such Grantor (either itself or through licensees) will not (and will not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby any material portion of any material Copyright may become invalidated or abandoned. Such Grantor will not (either itself or through licensees) do any act whereby any material portion of any material Copyright may fall into the public domain.


 

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          (d) Such Grantor (either itself or through licensees) will not do any act that knowingly uses any Intellectual Property to Infringe upon the Intellectual Property rights of any other Person, except as would not reasonably be expected to have a Material Adverse Effect.
          (e) Such Grantor will notify the Collateral Agent promptly if it knows, or has reason to know, that any application or registration relating to any material Intellectual Property owned by such Grantor may become forfeited, abandoned or dedicated to the public, or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any proceeding in the United States Patent and Trademark Office, the United States Copyright Office or any court or tribunal in the United States, or any proceeding or other action outside of the United States that would reasonably be expected to have a Material Adverse Effect) regarding such Grantor’s ownership of, rights in, or the validity or enforceability of any material Intellectual Property owned by such Grantor, including, without limitation such Grantor’s right to register, own or to maintain the same.
          (f) Whenever such Grantor, either by itself or through any agent, employee, licensee or designee, shall file an application or statement of use for the registration of any Intellectual Property with the United States Patent and Trademark Office or any similar office or agency in any other country or any political subdivision thereof, such Grantor shall report such filing to the Collateral Agent within ten Business Days after the last day of the fiscal quarter in which such filing occurs. Whenever such Grantor, either by itself or through any agent, employee, licensee or designee, shall file an application for the registration of any Copyright with the United States Copyright Office or any similar office or agency in any other country or any political subdivision thereof, such Grantor shall report such filing to the Collateral Agent within ten Business Days after the last day of the fiscal quarter in which such filing occurs. Such Grantor shall execute and deliver any and all agreements, instruments, documents, and papers as is necessary to evidence the Collateral Agent’s and the Secured Parties’ security interest in any such Copyright, Patent or Trademark owned by such Grantor.
          (g) Subject to such Grantor’s commercially reasonable business judgment, such Grantor will take all reasonable and necessary steps, including, without limitation, in any proceeding before the United States Patent and Trademark Office, the United States Copyright Office or any similar office or agency in any other country or any political subdivision thereof, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of the material Intellectual Property owned by such Grantor, including, without limitation, filing of applications for renewal, affidavits of use and affidavits of incontestability and the payment of maintenance fees.
          (h) In the event that any material Intellectual Property owned by such Grantor is Infringed by a third party, such Grantor shall (i) take such actions as such Grantor shall reasonably deem appropriate under the circumstances to protect such Intellectual Property and (ii) if such Intellectual Property is of material economic value, promptly notify the Collateral Agent after it learns thereof and, subject to such Grantor’s commercially reasonable business judgment, sue for Infringement, seek injunctive relief where appropriate and to recover any and all damages for such Infringement.
          5.10 Commercial Tort Claims. If such Grantor shall obtain an interest in any Commercial Tort Claim with a net present expected recovery value in excess of $500,000 (as determined by such Grantor in its good faith business judgment), such Grantor shall within thirty days of obtaining such interest sign and deliver documentation necessary to grant a security interest in favor of the Collateral Agent under the terms and provisions of this Agreement in and to such Commercial Tort Claim.
          5.11 Deposit Accounts. (a)(i), Each Grantor will maintain Deposit Accounts with a bank (a “Pledged Account Bank”) that has agreed with such Grantor and the Collateral Agent to comply,


 

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subject to Section 8.17, with instructions originated by the Collateral Agent upon notice by the Collateral Agent that an Event of Default shall have occurred, directing the disposition of funds in such Deposit Account without the further consent of any Grantor (each, a “Deposit Account Control Agreement”); provided that no Grantor shall be required to deliver any such Deposit Account Control Agreement with respect to any Deposit Account (an “Excluded Deposit Account”) so long as the funds and financial assets credited to such Deposit Accounts are regularly swept into Deposit Accounts subject to an effective Deposit Account Control Agreement other than as provided in the following sentence. The provisions of this Section 5.11(a) shall not apply to Deposit Accounts operated solely as a payroll account, a petty cash account, an escrow account, an employee benefit or flexible spending account, a trust account or a tax payment account (“Excluded Other Accounts”);
          (ii) if an Event of Default shall have occurred and be continuing, subject to Section 8.17, upon the written request of the Collateral Agent each Grantor shall promptly transfer all amounts in all Deposit Accounts other than Excluded Other Accounts into an account or accounts maintained by a Pledged Account Bank that has entered into a Deposit Account Control Agreement. Thereafter, each Grantor will maintain all Deposit Accounts of more than $500,000 in aggregate amount for all such accounts with a Pledged Account Bank.
          (b) If an Event of Default shall have occurred and be continuing and, subject to Section 8.17, the Collateral Agent shall have so requested in writing, promptly after any such request, each Grantor will (i) instruct each Person obligated at any time to make any payment to such Grantor for any reason (an “Obligor”) to make such payment to one or more Deposit Accounts maintained with a Pledged Account Bank as directed by the Collateral Agent and/or (ii) if so requested, deposit in a Deposit Account maintained with the Collateral Agent and subject to an effective Deposit Account Control Agreement, at the end of each Business Day, all cash proceeds of Collateral and all other cash of such Grantor.
          (c) Each Grantor agrees that it will not add any bank that maintains a Deposit Account for such Grantor or open any new Deposit Account with any then existing Pledged Account Bank unless (i) the Collateral Agent shall have received at least three days’ prior written notice of such additional bank or such new Deposit Account and (ii) such account comprises an Excluded Other Account or any Excluded Deposit Account, provided that if an Event of Default shall have occurred and be continuing, the Collateral Agent shall have received, in the case of all accounts except Excluded Other Accounts, a Deposit Account Control Agreement authenticated by such new bank and such Grantor, or a supplement to an existing Deposit Account Control Agreement with such then existing Pledged Account Bank, covering such new Deposit Account (and, upon the receipt by the Collateral Agent of such Deposit Account Control Agreement or supplement, Schedule 7 hereto shall be automatically amended to include such Deposit Account). Each Grantor may not terminate any bank as a Pledged Account Bank if an Event of Default has occurred and is continuing.
          5.12 Securities Accounts. (a) With respect to any Collateral in which any Grantor has any right, title or interest and that constitutes a security entitlement and has a value in excess of $200,000, such Grantor will cause the securities intermediary with respect to such security entitlement to agree in an authenticated record with such Grantor and the Collateral Agent that such securities intermediary will comply with entitlement orders (that is, notifications communicated to such securities intermediary directing transfer or redemption of the financial asset to which such Grantor has a security entitlement) originated by the Collateral Agent (subject to Section 8.17) without further consent of such Grantor (such agreement being a “Securities Account Control Agreement”).
          (b) With respect to any Collateral in which any Grantor has any right, title or interest and that constitutes a commodity contract and has a value in excess of $200,000, such Grantor shall cause


 

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the commodity intermediary with respect to such commodity contract to agree in an authenticated record with such Grantor and the Collateral Agent that such commodity intermediary will apply any value distributed on account of such commodity contract as directed by the Collateral Agent (subject to Section 8.17) without further consent of such Grantor (such agreement being a “Commodity Account Control Agreement”).
          (c) No Grantor will change or add any securities intermediary or commodity intermediary that maintains any securities account or commodity account and has a value in excess of $200,000, in which any of the Collateral is credited or carried, or change or add any such securities account or commodity account, in each case without first complying with the above provisions of this Section 5.12 in order to perfect the security interest granted hereunder in such Collateral to the extent that such action is required under the above provisions of this Section 5.12.
SECTION 6. REMEDIAL PROVISIONS
          6.1 Certain Matters Relating to Receivables. The Collateral Agent hereby authorizes each Grantor to collect such Grantor’s Receivables, subject to the Collateral Agent’s direction and control (subject to Section 8.17), and the Collateral Agent may curtail or terminate said authority at any time after the occurrence and during the continuance of an Event of Default. Subject to Section 8.17, if required by the Collateral Agent at any time after the occurrence and during the continuance of an Event of Default, any payments of Receivables, when collected by any Grantor, (i) shall be forthwith (and, in any event, within two Business Days) deposited by such Grantor in the form received, duly indorsed by such Grantor to the Collateral Agent if required, in a Collateral Account maintained under the sole dominion and control of the Collateral Agent, subject to withdrawal by the Collateral Agent for the account of the Secured Parties only as provided in Section 6.5, and (ii) until so turned over, shall be held by such Grantor in trust for the Collateral Agent and the Secured Parties, segregated from other funds of such Grantor. Each such deposit of Proceeds of Receivables shall be accompanied by a report identifying in reasonable detail the nature and source of the payments included in the deposit.
          6.2 Communications with Obligors; Grantors Remain Liable. (a) The Collateral Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Material Contracts to verify with them to the Collateral Agent’s satisfaction the existence, amount and terms of any Receivables or Material Contracts.
          (b) At any time after the occurrence and during the continuance of an Event of Default, each Grantor shall notify obligors on the Receivables and parties to the Material Contracts that the Receivables and the Material Contracts have been assigned to the Collateral Agent for the ratable benefit of the Secured Parties and that payments in respect thereof shall be made directly to the Collateral Agent.
          (c) Anything herein to the contrary notwithstanding, each Grantor shall remain liable under each of the Receivables and Material Contracts to observe and perform in all material respects all the conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise thereto. Neither the Collateral Agent nor any Secured Party shall have any obligation or liability under any Receivable (or any agreement giving rise thereto) or Material Contract by reason of or arising out of this Agreement or the receipt by the Collateral Agent or any Secured Party of any payment relating thereto, nor shall the Collateral Agent or any Secured Party be obligated in any manner to perform any of the obligations of any Grantor under or pursuant to any Receivable (or any agreement giving rise thereto) or Material Contract, to make any payment, to make


 

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any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party thereunder, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.
          6.3 Pledged Stock. (a) Unless an Event of Default shall have occurred and be continuing and the Collateral Agent shall have given notice to the relevant Grantor of the Collateral Agent’s intent to exercise its corresponding rights pursuant to Section 6.3(b), each Grantor shall be permitted to receive all cash dividends paid in respect of the Pledged Stock and all payments made in respect of the Pledged Notes, in each case paid in the normal course of business of the relevant Issuer, to the extent permitted in the Indenture, and to exercise all voting and corporate or other organizational rights with respect to the Investment Property; provided, however, that no vote shall be cast or corporate or other organizational right exercised or other action taken which would impair the Collateral or which would be inconsistent with or result in any violation of any provision of the Indenture, this Agreement or any other Collateral Document.
          (b) Subject to Section 8.17, if an Event of Default shall occur and be continuing and the Collateral Agent shall give notice of its intent to exercise such rights to the relevant Grantor or Grantors, (i) the Collateral Agent shall have the right to receive any and all cash dividends, payments or other Proceeds paid in respect of the Investment Property and make application thereof to the Secured Obligations in such order as the Collateral Agent may determine, and (ii) any or all of the Investment Property shall be registered in the name of the Collateral Agent or its nominee, and the Collateral Agent or its nominee may thereafter exercise (x) all voting, corporate and other rights pertaining to such Investment Property at any meeting of shareholders of the relevant Issuer or Issuers or otherwise and (y) any and all rights of conversion, exchange and subscription and any other rights, privileges or options pertaining to such Investment Property as if it were the absolute owner thereof (including, without limitation, the right to exchange at its discretion any and all of the Investment Property upon the merger, consolidation, reorganization, recapitalization or other fundamental change in the corporate or other organizational structure of any Issuer, or upon the exercise by any Grantor or the Collateral Agent of any right, privilege or option pertaining to such Investment Property, and in connection therewith, the right to deposit and deliver any and all of the Investment Property with any committee, depositary, transfer agent, registrar or other designated agency upon such terms and conditions as the Collateral Agent may determine), all without liability except to account for property actually received by it, but the Collateral Agent shall have no duty to any Grantor to exercise any such right, privilege or option and shall not be responsible for any failure to do so or delay in so doing.
          (c) Each Grantor hereby authorizes and instructs each Issuer of any Investment Property pledged by such Grantor hereunder to (i) comply with any instruction received by it from the Collateral Agent in writing that (x) states that an Event of Default has occurred and is continuing and (y) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from such Grantor, and each Grantor agrees that each Issuer shall be fully protected in so complying, and (ii) unless otherwise expressly permitted hereby, pay any dividends or other payments with respect to the Investment Property directly to the Collateral Agent.
          6.4 Proceeds to be Turned Over To Collateral Agent. Subject to Section 8.17, in addition to the rights of the Collateral Agent and the Secured Parties specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall have occurred and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash items shall be held by such Grantor in trust for the Collateral Agent and the Secured Parties, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Collateral Agent in the form received by such Grantor (duly indorsed by such Grantor to the Collateral Agent, if required). All


 

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Proceeds received by the Collateral Agent hereunder and not applied as provided herein or in the Intercreditor Agreement shall be held by the Collateral Agent in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Collateral Agent in a Collateral Account (or by such Grantor in trust for the Collateral Agent and the other Secured Parties) shall continue to be held as collateral security for all the Secured Obligations and shall not constitute payment thereof until applied as provided in Section 6.5.
          6.5 Application of Proceeds. If an Event of Default shall have occurred and be continuing, at any time at the Collateral Agent’s election, subject to the Intercreditor Agreement, the Collateral Agent may apply all or any part of Proceeds constituting Collateral, whether or not held in any Collateral Account, Deposit Account, Securities Account or Commodities Account, in payment of the Secured Obligations in accordance with Section 6.13 of the Indenture.
          6.6 Code and Other Remedies. If an Event of Default shall occur and be continuing, the Collateral Agent, on behalf of the Secured Parties, may exercise, in addition to all other rights and remedies granted to them in this Agreement and in any other instrument or agreement securing, evidencing or relating to the Secured Obligations, all rights and remedies of a secured party under the New York UCC or any other applicable law. Without limiting the generality of the foregoing, the Collateral Agent, without demand of performance or other demand, presentment, protest, advertisement or notice of any kind (except any notice required by law referred to below) to or upon any Grantor or any other Person (all and each of which demands, defenses, advertisements and notices are hereby waived), may in such circumstances forthwith collect, receive, appropriate and realize upon the Collateral, or any part thereof, and/or may, subject to pre-existing rights and licenses, forthwith sell, lease, assign, give option or options to purchase, or otherwise dispose of and deliver the Collateral or any part thereof (or contract to do any of the foregoing), in one or more parcels at public or private sale or sales, at any exchange, broker’s board or office of the Collateral Agent or any Secured Party or elsewhere upon such terms and conditions as it may deem advisable and at such prices as it may deem best, for cash or on credit or for future delivery without assumption of any credit risk. The Collateral Agent or any Secured Party shall have the right upon any such public sale or sales, and, to the extent permitted by law, upon any such private sale or sales, to purchase the whole or any part of the Collateral so sold, free of any right or equity of redemption in any Grantor, which right or equity is hereby waived and released. Each Grantor further agrees, at the Collateral Agent’s request, to assemble the Collateral and make it available to the Collateral Agent at places which the Collateral Agent shall reasonably select, whether at such Grantor’s premises or elsewhere. The Collateral Agent shall apply the net proceeds of any action taken by it pursuant to this Section 6.6 in accordance with Section 6.5, after deducting all reasonable costs and expenses of every kind incurred in connection therewith or incidental to the care or safekeeping of any of the Collateral or in any way relating to the Collateral or the rights of the Collateral Agent and the Secured Parties hereunder, including, without limitation, reasonable attorneys’ fees and disbursements, to the payment in whole or in part of the Secured Obligations, in accordance with the provisions of the Indenture, and only after such application and after the payment by the Collateral Agent of any other amount required by any provision of law, including, without limitation, Section 9-615(a)(3) of the New York UCC, need the Collateral Agent account for the surplus, if any, to any Grantor. To the extent permitted by applicable law, each Grantor waives all claims, damages and demands it may acquire against the Collateral Agent or any Secured Party arising out of the exercise by them of any rights hereunder. If any notice of a proposed sale or other disposition of Collateral shall be required by law, such notice shall be deemed reasonable and proper in every case if given at least ten days before such sale or other disposition.
          6.7 Registration Rights. (a) If the Collateral Agent shall determine to exercise its right to sell any or all of the Pledged Stock pursuant to Section 6.6, and if in the opinion of the Collateral Agent it is necessary or advisable to have the Pledged Stock, or that portion thereof to be sold, registered


 

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under the provisions of the Securities Act, the relevant Grantor will cause the Issuer thereof to (i) execute and deliver, and cause the directors and officers of such Issuer to execute and deliver, all such instruments and documents, and do or cause to be done all such other acts as may be, in the opinion of the Collateral Agent, necessary or advisable to register the Pledged Stock, or that portion thereof to be sold, under the provisions of the Securities Act, (ii) use its best efforts to cause the registration statement relating thereto to become effective and to remain effective for a period of one year from the date of the first public offering of the Pledged Stock, or that portion thereof to be sold, and (iii) make all amendments thereto and/or to the related prospectus which, in the opinion of the Collateral Agent, are necessary or advisable, all in conformity with the requirements of the Securities Act and the rules and regulations of the Securities and Exchange Commission applicable thereto. Each Grantor agrees to cause such Issuer to comply with the provisions of the securities or “Blue Sky” laws of any and all jurisdictions which the Collateral Agent shall designate and to make available to its security holders, as soon as practicable, an earnings statement (which need not be audited) which will satisfy the provisions of Section 11(a) of the Securities Act.
          (b) Each Grantor recognizes that the Collateral Agent may be unable to or may determine not to, if so directed by the Holders of the Notes, effect a registration of any or all the Pledged Stock, and may determine, if so directed by such Holders of the Notes, to conduct one or more sales thereof to purchasers that would otherwise satisfy the requirements of the Securities Act (for the purposes of this section, such sale a “Private Sale”). Each Grantor acknowledges and agrees that any such Private Sale may result in prices and other terms less favorable than if such sale were of Pledged Stock registered under the provisions of the Securities Act and, notwithstanding such circumstances or any other circumstances, agrees that any such Private Sale shall be deemed to have been made in a commercially reasonable manner. In no circumstances shall the Collateral Agent be under any obligation to register Pledged Stock under the provisions of the Securities Act, even if such Issuer would agree to do so.
          (c) Each Grantor agrees to use its best efforts to do or cause to be done all such other acts as may be necessary to make such sale or sales of all or any portion of the Pledged Stock pursuant to this Section 6.7 valid and binding and in compliance with any and all other applicable Requirements of Law. Each Grantor further agrees that a breach of any of the covenants contained in this Section 6.7 will cause irreparable injury to the Collateral Agent and the Secured Parties, that the Collateral Agent and the Secured Parties have no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant contained in this Section 6.7 shall be specifically enforceable against such Grantor, and such Grantor hereby waives and agrees not to assert any defenses against an action for specific performance of such covenants except for a defense that no Event of Default has occurred under the Indenture.
          6.8 Subordination. Each Grantor hereby agrees that, upon the occurrence and during the continuance of an Event of Default, unless otherwise agreed by the Collateral Agent, all Indebtedness owing by it to any Subsidiary of the Company shall be fully subordinated to the indefeasible payment in full in cash of such Grantor’s Obligations.
          6.9 Deficiency. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Secured Obligations and the reasonable fees and disbursements of any attorneys employed by the Collateral Agent to collect such deficiency.
SECTION 7. THE COLLATERAL AGENT


 

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          7.1 Collateral Agent’s Appointment as Attorney-in-Fact, etc. (a) Each Grantor hereby irrevocably constitutes and appoints the Collateral Agent and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Grantor and in the name of such Grantor or in its own name, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Agreement, and, without limiting the generality of the foregoing, each Grantor hereby gives the Collateral Agent the power and right, on behalf of such Grantor, without notice to or assent by such Grantor, to do any or all of the following:
          (i) in the name of such Grantor or its own name, or otherwise, take possession of and indorse and collect any checks, drafts, notes, acceptances or other instruments for the payment of moneys due under any Receivable or Material Contract or with respect to any other Collateral and file any claim or take any other action or proceeding in any court of law or equity or otherwise deemed appropriate by the Collateral Agent for the purpose of collecting any and all such moneys due under any Receivable or Material Contract or with respect to any other Collateral whenever payable;
          (ii) in the case of any Intellectual Property, execute and deliver, and have recorded, any and all agreements, instruments, documents and papers as necessary to evidence the Collateral Agent’s security interest in such Intellectual Property and the goodwill and general intangibles of such Grantor relating thereto or represented thereby;
          (iii) pay or discharge taxes and Liens levied or placed on or threatened against the Collateral, effect any repairs or any insurance called for by the terms of this Agreement and pay all or any part of the premiums therefor and the costs thereof;
          (iv) execute, in connection with any sale provided for in Section 6.6 or 6.7, any indorsements, assignments or other instruments of conveyance or transfer with respect to the Collateral; and
          (v) (1) direct any party liable for any payment under any of the Collateral to make payment of any and all moneys due or to become due thereunder directly to the Collateral Agent or as the Collateral Agent shall direct; (2) ask or demand for, collect, and receive payment of and receipt for, any and all moneys, claims and other amounts due or to become due at any time in respect of or arising out of any Collateral; (3) sign and indorse any invoices, freight or express bills, bills of lading, storage or warehouse receipts, drafts against debtors, assignments, verifications, notices and other documents in connection with any of the Collateral; (4) commence and prosecute any suits, actions or proceedings at law or in equity in any court of competent jurisdiction to collect the Collateral or any portion thereof and to enforce any other right in respect of any Collateral; (5) defend any suit, action or proceeding brought against such Grantor with respect to any Collateral; (6) settle, compromise or adjust any such suit, action or proceeding and, in connection therewith, give such discharges or releases as the Collateral Agent may deem appropriate; (7) subject to any licenses (and the rights granted therein) existing at the time of such assignment, assign any Copyright, Patent or Trademark owned by such Grantor throughout the world; and (8) generally, subject to pre-existing rights and licenses, sell, transfer, pledge and make any agreement with respect to or otherwise deal with any of the Collateral as fully and completely as though the Collateral Agent were the absolute owner thereof for all purposes, and do, at the Collateral Agent’s option and such Grantor’s expense, at any time, or from time to time, all acts and things which the Collateral Agent deems necessary to protect, preserve or realize upon the Collateral and the Collateral Agent’s and the Secured Parties’ security interests therein and to effect the intent of this Agreement, all as fully and effectively as such Grantor might do.


 

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          Anything in this Section 7.1(a) to the contrary notwithstanding, the Collateral Agent agrees that it will not exercise any rights under the power of attorney provided for in this Section 7.1(a) (other than pursuant to clause (ii) thereof) unless an Event of Default shall have occurred and be continuing.
          (b) If any Grantor fails to perform or comply with any of its agreements contained herein, the Collateral Agent, upon direction by, and with satisfactory indemnification from, the Holders of the Notes, may perform or comply, or otherwise cause performance or compliance, with such agreement.
          (c) The expenses of the Collateral Agent incurred in connection with actions undertaken as provided in this Section 7.1, together with interest thereon at a rate per annum equal to the rate per annum at which interest would then be payable on the Notes, from the date of payment by the Collateral Agent to the date reimbursed by the relevant Grantor, shall be payable by such Grantor to the Collateral Agent on demand, or directly out of proceeds from any relevant Collateral, at the Collateral Agent’s discretion.
          (d) Each Grantor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.
          7.2 Duty of Collateral Agent. The Collateral Agent’s sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the New York UCC or otherwise, shall be to deal with it in the same manner as the Collateral Agent deals with similar property for its own account. Neither the Collateral Agent, any Secured Party nor any of their respective officers, directors, employees or agents shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of any Grantor or any other Person or to take any other action whatsoever with regard to the Collateral or any part thereof. The powers and rights conferred on the Collateral Agent and the Secured Parties hereunder are solely to protect the Collateral Agent’s and the Secured Parties’ interests in the Collateral and shall not impose any duty upon the Collateral Agent or any Secured Party to exercise any such powers. The Collateral Agent and the Secured Parties shall be accountable only for amounts that they actually receive as a result of the exercise of such powers, and neither they nor any of their officers, directors, employees or agents shall be responsible to any Grantor for any act or failure to act hereunder, except for their own gross negligence or willful misconduct.
          7.3 Authorization of Financing Statements. Pursuant to any applicable law, each Grantor authorizes the Collateral Agent or counsel to the Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral without the signature of such Grantor in such form and in such offices as necessary to perfect the security interests of the Collateral Agent under this Agreement. Each Grantor authorizes the Collateral Agent to use the collateral description “all personal property, whether now owned or hereafter acquired” or words of a similar effect in any such financing statements.
          7.4 Authority of Collateral Agent. Each Grantor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as between the Collateral Agent and the Secured Parties, be governed by the Indenture and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the Grantors, the Collateral Agent shall be conclusively presumed to be


 

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acting as agent for the Secured Parties with full and valid authority so to act or refrain from acting, and no Grantor shall be under any obligation, or entitlement, to make any inquiry respecting such authority.
          7.5 Protections of Collateral Agent. (a) For all purposes of this Agreement, the Collateral Agent shall not be deemed to have notice or knowledge of any Event of Default or matter hereunder unless written notice of such event is received by the Collateral Agent or an officer of the Collateral Agent responsible for the administration of this Agreement has actual knowledge thereof.
          (b) Except for action expressly required hereunder (excluding circumstances in which the Collateral Agent has the ability but not an affirmative duty to act), nothing in this Agreement, the Indenture or any Collateral Document shall be interpreted as giving the Collateral Agent responsibility for or any duty concerning the validity, perfection, priority or enforceability of any Lien or security interest in any Collateral or giving the Collateral Agent any obligation to take any action to procure or maintain such validity, perfection, priority or enforceability.
          (c) Neither the Collateral Agent nor any of its affiliates, directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with the consent or at the request of a Person authorized hereunder, the Intercreditor Agreement or under the Indenture or (ii) in the absence of its own gross negligence or willful misconduct. Neither the Collateral Agent nor any of its affiliates, directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (i) any statement, warranty or representation made in connection with this Agreement; (ii) the performance or observance of any of the covenants or agreements of a Grantor; (iii) the receipt of items required to be delivered to the Collateral Agent; or (iv) the validity, effectiveness or genuineness of this Agreement, the other Collateral Documents or any other instrument or writing furnished in connection herewith. The Collateral Agent shall not incur any liability by acting in conclusive reliance upon any notice, consent, certificate, statement, or other writing (which may be a bank wire, telex or similar writing) reasonably believed by it to be genuine or to be signed by the proper party or parties. The Collateral Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Collateral Document or any other document furnished in connection herewith or therewith in accordance with a written direction or a request of an authorized Person pursuant to the terms of this Agreement or the Indenture.
          (d) Any Person into which the Collateral Agent may be converted or merged, or with which it may be consolidated, or to which it may sell or transfer its corporate trust assets as a whole or substantially as a whole, or any Person resulting from any such conversion, merger, consolidation, sale or transfer to which the Collateral Agent is a party, shall (provided it is otherwise qualified to serve as the Collateral Agent hereunder) be and become a successor Collateral Agent hereunder and be vested with all of the title to the Collateral and all of the trusts, powers, immunities, privileges, estates, properties, rights, duties and obligations as was its predecessor without the execution or filing of any instrument or any further act, deed or conveyance on the part of any of the parties hereto or any other Person, anything herein to the contrary notwithstanding.
          (e) In entering into this Agreement, and in taking (or refraining from) any actions under or pursuant to this Agreement, the Collateral Agent shall be protected by and shall enjoy all of the rights, immunities, protections and indemnities granted to it or the Trustee under the Intercreditor Agreement, the Indenture or the Collateral Documents.
          (f) Whenever reference is made in this Agreement to any action by, consent, designation, specification, requirement or approval of, notice, request or other communication from, or other direction given or action to be undertaken or to be (or not to be) suffered or omitted by the Collateral Agent or to any election, decision, opinion, acceptance, use of judgment, expression of


 

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satisfaction or other exercise of discretion, rights or remedies to be made (or not to be made) by the Collateral Agent, it is understood that in all cases the Collateral Agent shall be acting, giving, withholding, suffering, omitting, taking or otherwise undertaking and exercising the same (or shall not be undertaking and exercising the same) as directed by the Holders of the Notes in accordance with the Intercreditor Agreement, the Indenture or the Collateral Documents. This provision is intended solely for the benefit of the Collateral Agent and its successors and permitted assigns and is not intended to and will not entitle the other parties hereto to any defense, claim or counterclaim, or confer any rights or benefits on any party hereto.
SECTION 8. MISCELLANEOUS
          8.1 Amendments in Writing. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except in accordance with Article 9 of the Indenture.
          8.2 Notices. All notices, requests and demands to or upon the Collateral Agent or any Grantor hereunder shall be effected in the manner provided for in Section 13.02 of the Indenture.
          8.3 No Waiver by Course of Conduct; Cumulative Remedies. Neither the Collateral Agent nor any Secured Party shall by any act (except by a written instrument pursuant to Section 8.1), delay, omission or otherwise be deemed to have waived any right or remedy hereunder or to have acquiesced in any Default or Event of Default. No failure to exercise, nor any delay in exercising, on the part of the Collateral Agent or any Secured Party, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Collateral Agent or any Secured Party of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which the Collateral Agent or such Secured Party would otherwise have on any future occasion. The rights and remedies herein provided are cumulative, may be exercised singly or concurrently and are not exclusive of any other rights or remedies provided by law.
          8.4 Enforcement Expenses; Indemnification. Each Grantor agrees to pay, and to indemnify and save the Collateral Agent and the Secured Parties harmless from, any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery, enforcement, performance and administration of this Agreement to the same extent such Person would be required to do so pursuant to Section 7.07 or Section 11.01 of the Indenture, as applicable. The agreements in this Section 8.4 shall survive repayment of the Secured Obligations and all other amounts payable under the Indenture and the other Collateral Documents.
          8.5 Successors and Assigns. This Agreement shall be binding upon the successors and assigns of each Grantor and shall inure to the benefit of the Collateral Agent and the Secured Parties and their successors and assigns; provided that no Grantor may assign, transfer or delegate any of its rights or obligations under this Agreement without the prior written consent of the Collateral Agent.
          8.6 [Intentionally Omitted]
          8.7 Counterparts. This Agreement may be executed by one or more of the parties to this Agreement on any number of separate counterparts (including by email or telecopy), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile or PDF transmission shall constitute


 

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effective execution and delivery of this Agreement as to the parties hereto and may be used in lieu of the original Agreement for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.
          8.8 Severability. Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
          8.9 Section Headings. The Section headings used in this Agreement are for convenience of reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof.
          8.10 Integration. This Agreement, the Indenture, the Intercreditor Agreement and the other Collateral Documents represent the entire agreement of the Grantors, the Collateral Agent and the Secured Parties with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties by the Collateral Agent or any Secured Party relative to subject matter hereof and thereof not expressly set forth or referred to herein or in the Indenture, the Intercreditor Agreement and the Collateral Documents.
          8.11 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
          8.12 Submission To Jurisdiction; Waivers. Each Grantor hereby irrevocably and unconditionally:
          (a) submits for itself and its property in any legal action or proceeding relating to this Agreement and the other Collateral Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of the courts of the State of New York, the courts of the United States of America for the Southern District of New York, and appellate courts from any thereof;
          (b) consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not to plead or claim the same;
          (c) agrees that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to such Grantor at its address referred to in Section 8.2 or at such other address of which the Collateral Agent shall have been notified pursuant thereto;
          (d) agrees that nothing herein shall affect the right to effect service of process in any other manner permitted by law or shall limit the right to sue in any other jurisdiction; and
          (e) waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in this Section any special, exemplary, punitive or consequential damages.


 

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          8.13 Acknowledgements. Each Grantor hereby acknowledges that:
          (a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement, the Indenture, the Intercreditor Agreement and the other Collateral Documents to which it is a party;
          (b) neither the Collateral Agent nor any Secured Party has any fiduciary relationship with or duty to any Grantor arising out of or in connection with this Agreement, the Indenture, the Intercreditor Agreement or any of the other Collateral Documents, and the relationship between the Grantors, on the one hand, and the Collateral Agent and Secured Parties, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and
          (c) no joint venture is created hereby or by the Indenture, the Intercreditor Agreement or the other Collateral Documents or otherwise exists by virtue of the transactions contemplated hereby among the Secured Parties or among the Grantors and the Secured Parties.
          8.14 Additional Grantors. Following the completion of the LRI Merger and the Financing Merger on the date hereof, LRI Holdings, Inc., Logan’s Roadhouse, Inc. and each subsidiary of Logan’s Roadhouse, Inc. required to become a Guarantor pursuant to the Indenture shall become a Grantor for all purposes of this Agreement upon execution and delivery by such person of a Joinder Agreement in the form attached as Annex 1 hereto, and from and after the date hereof, each subsidiary of Logan’s Roadhouse, Inc. that is required to become a party to this Agreement pursuant to Section 4.15 of the Indenture shall become a Grantor for all purposes of this Agreement upon execution and delivery by such Subsidiary of a Joinder Agreement in the form of Annex 2 hereto.
          8.15 Releases. Collateral shall be released from the Lien created by this Agreement to the extent provided in Section 10.06 of the Indenture.
          8.16 WAIVER OF JURY TRIAL. EACH GRANTOR HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.
          8.17 Intercreditor Agreement. Notwithstanding anything to the contrary contained in this Agreement, the Liens, security interests and rights granted pursuant to this Agreement or any other Collateral Document with respect to the Collateral shall be subject to the terms and conditions of (and the exercise of any right or remedy by the Collateral Agent and the other Secured Parties hereunder or thereunder shall be subject to the terms and conditions of, the Intercreditor Agreement. In the event of any conflict between this Agreement, any other Collateral Document or the Indenture and the Intercreditor Agreement, the Intercreditor Agreement shall control, and no right, power, or remedy granted to the Collateral Agent or the other Secured Parties hereunder or under the Indenture or any other Collateral Document shall be exercised by the Collateral Agent or any other Secured Party, and no direction shall be given by the Collateral Agent or any other Secured Party in contravention of the Intercreditor Agreement. Without limiting the generality of the foregoing, and notwithstanding anything herein to the contrary, all rights and remedies of the Collateral Agent (and the Secured Parties) shall be subject to the terms of the Intercreditor Agreement, and, with respect to the Collateral, until the First Priority Obligations Payment Date (as such term is defined in the Intercreditor Agreement) any obligation of the Company and any other Grantor hereunder or under the Indenture or any other Collateral Document with respect to the delivery or control of any Collateral, the notation of any Lien on any certificate of title, bill of lading or other document, the giving of any notice to any bailee or other Person, the provision of voting rights or the obtaining of any consent of any Person shall be deemed to be


 

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satisfied if the Company or such Grantor, as applicable, complies with the requirements of the similar provision of the applicable First Priority Document (as such term is defined in the Intercreditor Agreement). Until the First Priority Obligations Payment Date, the delivery of any Collateral to, or the control of any Collateral by, the First Priority Representative (as such term is defined in the Intercreditor Agreement) pursuant to the First Priority Documents shall satisfy any delivery or control requirement hereunder or under any other Collateral Document.
[Remainder of page intentionally left blank]


 

          IN WITNESS WHEREOF, each of the undersigned has caused this Security Agreement to be duly executed and delivered as of the date first above written.
         
  ROADHOUSE MERGER INC.
 
 
  By:   /s/ Stanley de J. Osborne  
    Name:   Stanley de J. Osborne  
    Title:   President  
 
  ROADHOUSE FINANCING INC.
 
 
  By:   /s/ Stanley de J. Osborne  
    Name:   Stanley de J. Osborne  
    Title:   President  
 
Security Agreement Signature Page

 


 

Acknowledged and Accepted by:
WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Collateral Agent.
         
     
  By:   /s/ Stefan Victory  
    Name:   Stefan Victory  
    Title:   Vice President  
 
Security Agreement Signature Page

 


 

Schedule 1
DESCRIPTION OF INVESTMENT PROPERTY
Pledged Stock:
             
Issuer   Class of Stock   Stock Certificate No.   No. of Shares
             
             
Pledged Notes:
         
Issuer   Payee   Principal Amount
         
         

 


 

Schedule 2
FILINGS AND OTHER ACTIONS
REQUIRED TO PERFECT SECURITY INTERESTS
Uniform Commercial Code Filings
[list fixture filings]
Patent and Trademark Filings
[List all filings]
Actions with respect to Pledged Stock**
Other Actions
[Describe other actions to be taken]
 
**   If the interest of a Grantor in Pledged Stock appears on the books of a financial intermediary, a control agreement as described in Section 8-106 of the New York UCC will be required.

 


 

Schedule 3
LOCATION OF JURISDICTION OF ORGANIZATION AND CHIEF EXECUTIVE OFFICE
                 
    Jurisdiction of     Location of Chief  
      Grantor         Organization     Executive Office  
 
               
 
               

 


 

Schedule 4
LOCATIONS OF INVENTORY AND EQUIPMENT
     
      Grantor               Locations      
 
   

 


 

Schedule 5
COPYRIGHTS AND COPYRIGHT LICENSES
PATENTS AND PATENT LICENSES
TRADEMARKS AND TRADEMARK LICENSES

 


 

Schedule 6
COMMODITY ACCOUNTS

 


 

Schedule 7
DEPOSIT ACCOUNTS

 


 

Schedule 8
SECURITIES ACCOUNTS

 


 

ACKNOWLEDGEMENT AND CONSENT
The undersigned hereby acknowledges receipt of a copy of the Security Agreement dated as of October 4, 2010, as amended, modified or supplemented from time to time (the “Agreement”), made by the Grantors parties thereto for the benefit of Wells Fargo Bank, National Association, as Collateral Agent. The undersigned agrees for the benefit of the Collateral Agent and the Secured Parties as follows:
1. The undersigned will be bound by the terms of the Agreement and will comply with such terms insofar as such terms are applicable to the undersigned.
2. The terms of Sections 6.3(c) and 6.7 of the Agreement shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Section 6.3(c) or 6.7 of the Agreement.
             
  [NAME OF ISSUER]    
 
           
 
  By:        
 
  Name:  
 
   
 
  Title:        
 
           
  Address for Notices:    
 
           
       
 
           
       
 
           
       
 
           
 
Fax:        

 


 

Annex 1
to Security Agreement
JOINDER AGREEMENT
TO SECURITY AGREEMENT
          JOINDER AGREEMENT, dated as of October 4, 2010 (the “Joinder Agreement”), made by LRI Holdings, Inc., a Delaware corporation (“Holdings”), Logan’s Roadhouse, Inc., a Tennessee corporation (the “Company”), Logan’s Roadhouse of Texas, Inc., a Texas corporation (“Logan’s Texas”) and Logan’s Roadhouse of Kansas, Inc., a Kansas corporation (“Logan’s Kansas”) (each, an “Additional Grantor,” and together, the “Additional Grantors”), in favor of Wells Fargo Bank, National Association, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in the Security Agreement (as hereinafter defined).
W I T N E S S E T H:
          WHEREAS, Roadhouse Financing Inc., a Delaware corporation (the “Issuer”), Roadhouse Merger Inc., a Delaware corporation (“Merger Co”), Wells Fargo Bank, National Association (in such capacity, the “Trustee”) and the Collateral Agent have entered into an Indenture, dated as of October 4, 2010 (as amended, supplemented or otherwise modified from time to time, the “Indenture”), providing for the issuance of the 10.75% Senior Secured Notes due 2017 (the “Notes”) of the Issuer;
          WHEREAS, in connection with the Indenture, the Issuer and Merger Co have entered into the Security Agreement, dated as of October 4, 2010 (as amended, supplemented or otherwise modified from time to time, the “Security Agreement”) in favor of the Collateral Agent for the ratable benefit of the Secured Parties;
          WHEREAS, pursuant to the Agreement and Plan of Merger, dated as of August 27, 2010, Merger Co acquired Holdings through a merger transaction, with Holdings as the surviving corporation (the “Acquisition Merger”), and immediately upon the consummation of the Acquisition Merger, the Issuer merged with and into the Company, with the Company as the surviving corporation (the “Finance Merger”, and together with the Acquisition Merger, the “Merger”);
          WHEREAS, in connection with the Merger, the Company has assumed by operation of law all rights and obligations of the Issuer under the Indenture, and Holdings has assumed by operation of law all rights and obligations of Merger Co. under the Indenture. Each of Logan’s Texas, Inc and Logan’s Kansas, are subsidiaries of the Company;
          WHEREAS, the Indenture requires each Additional Grantor to be or become a party to the Security Agreement; and
          WHEREAS, each Additional Grantor has agreed to execute and deliver this Joinder Agreement;
          NOW, THEREFORE, IT IS AGREED:
          1. Security Agreement. By executing and delivering this Joinder Agreement, each Additional Grantor, as provided in Section 8.14 of the Security Agreement, hereby becomes a party to the

 


 

Security Agreement as a Grantor thereunder with the same force and effect as if originally named therein as a Grantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder. The information set forth in Annex 1-A hereto is hereby added to the information set forth in the Schedules to the Security Agreement. Each Additional Grantor hereby represents and warrants that each of the representations and warranties contained in Section 4 of the Security Agreement is true and correct on and as the date of this Joinder Agreement (after giving effect to this Joinder Agreement) as if made on and as of such date.
          2. Grant of Security Interest. Each Additional Grantor hereby grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in, all of the Collateral (as defined in the Security Agreement) now owned or at any time hereafter acquired by such Additional Grantor or in which such Additional Grantor now has or at any time in the future may acquire any right, title or interest, including, without limitation, the property of the Additional Grantors set forth on the attached Supplements set forth on Annex 1-A hereto, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Additional Grantors’ Obligations (as defined in the Security Agreement).
          3. Authorization to File Financing Statements. Each Additional Grantor authorizes the Collateral Agent or counsel to the Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral (as defined in the Security Agreement) without the signature of such Additional Grantor in such form and in such offices as necessary to perfect the security interests of the Collateral Agent under the Security Agreement. Each Additional Grantor authorizes the Collateral Agent to use the collateral description “all personal property, whether now owned or at any time hereafter acquired” or words of similar effect in any such financing statement.
          4. Governing Law. THIS JOINDER AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
[Remainder of page intentionally left blank]

 


 

          IN WITNESS WHEREOF, each of the undersigned has caused this Joinder Agreement to be duly executed and delivered as of the date first above written.
         
  LRI HOLDINGS, INC.
 
 
  By:      
    Name:      
    Title:      
 
  LOGAN’S ROADHOUSE, INC.
 
 
  By:      
    Name:      
    Title:      
 
  LOGAN’S ROADHOUSE OF TEXAS, INC.
 
 
  By:      
    Name:      
    Title:      
 
  LOGAN’S ROADHOUSE OF KANSAS, INC.
 
 
  By:      
    Name:      
    Title:      
 
Joinder to Second Lien Security Agreement Signature Page

 


 

Annex 1-A to
Joinder Agreement
Supplement to Schedule 1
DESCRIPTION OF INVESTMENT PROPERTY
Pledged Stock:
                                 
Grantor and           Stock           Percent of Total
Jurisdiction of       Class of   Certificate   No. of   Shares Issued
Formation   Issuer   Stock   No.   Shares   Pledged
LRI Holdings, Inc. (Delaware)
  Logan’s Roadhouse, Inc.   Common     2       1000       100 %
 
                               
Logan’s Roadhouse, Inc. (Tennessee)
  Logan’s Roadhouse of Kansas, Inc.   Common     2       1000       100 %
 
                               
Logan’s Roadhouse, Inc. (Tennessee)
  Logan’s Roadhouse of Texas, Inc.   Common     2       1000       100 %
Pledged Notes:
Promissory Note, dated October 4, 2010, in an amount equal to $115,030,072.50, issued by Roadhouse Merger Inc. to Roadhouse Financing Inc.
Joinder to Second Lien Security Agreement Signature Page

 


 

Supplement to Schedule 2
FILINGS AND OTHER ACTIONS
REQUIRED TO PERFECT SECURITY INTERESTS
Uniform Commercial Code Filings
     
Name of Grantors   Uniform Commercial Code Filing Office
Logan’s Roadhouse, Inc.
  Tennessee — Secretary of State
 
   
LRI Holdings, Inc.
  Delaware — Secretary of State
 
   
Logan’s Roadhouse of Kansas, Inc.
  Kansas — Secretary of State
 
   
Logan’s Roadhouse of Texas, Inc.
  Texas — Secretary of State
Patent and Trademark Filings
          Notice And Confirmation of Grant of Security Interest Trademarks, effective as of October 4, 2010 is made by Logan’s Roadhouse, Inc., a Tennessee corporation (the “Borrower”), in favor of JPMorgan Chase Bank, N.A., a national banking association, as Administrative Agent (the “Agent”) for the several banks and other financial institutions (the “Lenders”), parties to the Credit Agreement, dated as October 4, 2010 (as amended, supplemented or otherwise modified from time to time, among Borrower, the Lenders, the Agent, and Credit Suisse AG as Co-Documentation Agent and Syndication Agent.
Joinder to Second Lien Security Agreement Signature Page

 


 

Actions with respect to Pledged Stock
          Deliver to the Administrative Agent of each of the share certificates set forth in Schedule 2 hereto, together with a stock power.
Actions with respect to Pledged Notes
          Deliver to the Administrative Agent of the promissory note set forth in Schedule 2 hereto, together with a note power.
Other Actions
          Execute and deliver account control agreements for each of commodities accounts, the deposit accounts and securities accounts set forth on Schedules 7, 8 and 9 hereto.

 


 

Supplement to Schedule 3
LOCATION OF JURISDICTION OF ORGANIZATION AND CHIEF EXECUTIVE OFFICE
         
    Jurisdiction of   Location of Chief
Grantor   Organization   Executive Office
Logan’s Roadhouse, Inc.
  Tennessee   3011 Armory Drive
 
      Suite 300
 
      Nashville, TN 37204
 
       
LRI Holdings, Inc.
  Delaware   3011 Armory Drive
 
      Suite 300
 
      Nashville, TN 37204
 
       
Logan’s Roadhouse of Kansas, Inc.
  Kansas   3011 Armory Drive
 
      Suite 300
 
      Nashville, TN 37204
 
       
Logan’s Roadhouse of Texas, Inc.
  Texas   3011 Armory Drive
 
      Suite 300
 
      Nashville, TN 37204
Joinder to Second Lien Security Agreement Signature Page

 


 

Supplement to Schedule 4
LOCATIONS OF INVENTORY AND EQUIPMENT
                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  N/A   3011 Armory Drive Suite 300   Nashville   TN   37204
 
                   
Logan’s Roadhouse, Inc.
  301   1250 South Broadway   Lexington   KY   40504
 
                   
Logan’s Roadhouse, Inc.
  302   5300 Hickory Hollow Ln   Antioch   TN   37013
 
                   
Logan’s Roadhouse, Inc.
  303   1715 Gallatin Pike North   Madison   TN   37115
 
                   
Logan’s Roadhouse, Inc.
  304   3072 Wilma Rudolph Blvd   Clarksville   TN   37040
 
                   
Logan’s Roadhouse, Inc.
  305   604 Carriage House Dr   Jackson   TN   38305
 
                   
Logan’s Roadhouse, Inc.
  306   740 NW Broad   Murfreesboro   TN   37129
 
                   
Logan’s Roadhouse, Inc.
  307   7087 Baker's Bridge Ave   Franklin   TN   37064
 
                   
Logan’s Roadhouse, Inc.
  308   5137 Hinkleville Rd   Paducah   KY   42001
 
                   
Logan’s Roadhouse, Inc.
  309   2119 Gunbarrell Rd   Chattanooga   TN   37421
 
                   
Logan’s Roadhouse, Inc.
  310   970 State Rd 131   Clarksville   IN   47129
 
                   
Logan’s Roadhouse, Inc.
  311   3112 Browns Mill Rd   Johnson City   TN   37604
 
                   
Logan’s Roadhouse, Inc.
  312   2890 Florence Blvd   Florence   AL   35630
Joinder to Second Lien Security Agreement Signature Page

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  313   2643 Manchester   Columbus   GA   31904
 
                   
Logan’s Roadhouse, Inc.
  315   850 Mall Rd   Barboursville   WV   25504
 
                   
Logan’s Roadhouse, Inc.
  316   1 N. Burkhardt   Evansville   IN   47715
 
                   
Logan’s Roadhouse, Inc.
  317   2710 N. Germantown Pkwy   Memphis   TN   38133
 
                   
Logan’s Roadhouse, Inc.
  318   1511 Skyland Blvd E   Tuscaloosa   AL   35403
 
                   
Logan’s Roadhouse, Inc.
  319   3668 Atlanta Hwy   Athens   GA   30606
 
                   
Logan’s Roadhouse, Inc.
  320   3933 Arkwright Rd   Macon   GA   31210
 
                   
Logan’s Roadhouse, Inc.
  321   5005 Shelbyville Rd   Louisville   KY   40207
 
                   
Logan’s Roadhouse, Inc.
  322   1395 Interstate Dr.   Cookeville   TN   38501
 
                   
Logan’s Roadhouse, Inc.
  323   2400 Elliston Pl   Nashville   TN   37202
 
                   
Logan’s Roadhouse, Inc.
  324   6571 Blue Bonnet Blvd.   Baton Rouge   LA   70810
 
                   
Logan’s Roadhouse, Inc.
  325   3323 Ambassador Caffery Pkwy   Lafayette   LA   70506
 
                   
Logan’s Roadhouse, Inc.
  326   7724 Ludington Lane   Birmingham   AL   35210
 
                   
Logan’s Roadhouse, Inc.
  327   2820 MacArthur Dr   Alexandria   LA   71301

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  328   4249 Balmoral Drive   Huntsville   AL   35801
 
                   
Logan’s Roadhouse, Inc.
  329   3509 Gerstner Memorial Pkwy   Lake Charles   LA   70605
 
                   
Logan’s Roadhouse, Inc.
  331   4825 E. 82nd St   Indianapolis   IN   46250
 
                   
Logan’s Roadhouse, Inc.
  332   201 Constitution Dr   W. Monroe   LA   71292
 
                   
Logan’s Roadhouse, Inc.
  333   12821 Fair Lakes Pkwy   Fairfax   VA   22033
 
                   
Logan’s Roadhouse, Inc.
  334   7480 W. Colonial Drive   Orlando   FL   32818
 
                   
Logan’s Roadhouse, Inc.
  335   4740 Valley View Blvd   Roanoke   VA   24012
 
                   
Logan’s Roadhouse, Inc.
  336   46321 McClellan Way   Sterling   VA   20165
 
                   
Logan’s Roadhouse, Inc.
  337   5229 Dixie Hwy   Louisville   KY   40216
 
                   
Logan’s Roadhouse, Inc.
  338   3840 State Rd 26 East   Lafayette   IN   47905
 
                   
Logan’s Roadhouse, Inc.
  339   100 Resource Center Pkwy   Birmingham   AL   35242
 
                   
Logan’s Roadhouse, Inc.
  340   11301 Abercorn Street   Savannah   GA   31419
 
                   
Logan’s Roadhouse, Inc.
  342   5925 W. Irlo Bronson Hwy   Kissimmee   FL   34746
 
                   
Logan’s Roadhouse, Inc.
  344   9218 Anderson Rd.   Tampa   FL   33634
 
                   
Logan’s Roadhouse, Inc.
  345   3969 Morse Crossing   Columbus   OH   43219

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  346   7731 Donegan Drive   Manassas   VA   20110
 
                   
Logan’s Roadhouse, Inc.
  347   8310 I-40 West   Amarillo   TX   79106
 
                   
Logan’s Roadhouse, Inc.
  348   3060 W. Sandlake Road   Orlando   FL   32819
 
                   
Logan’s Roadhouse, Inc.
  349   4649 W. 1st Street   Sanford   FL   32771
 
                   
Logan’s Roadhouse, Inc.
  350   12950 N.W. Freeway   Houston   TX   77040
 
                   
Logan’s Roadhouse, Inc.
  351   5105 E. 42nd Street   Odessa   TX   79762
 
                   
Logan’s Roadhouse, Inc.
  352   11865 Gateway West Blvd   El Paso   TX   79936
 
                   
Logan’s Roadhouse, Inc.
  353   6251 Slide Road   Lubbock   TX   79414
 
                   
Logan’s Roadhouse, Inc.
  354   2513 S. Stemmons Freeway   Lewisville   TX   75067
 
                   
Logan’s Roadhouse, Inc.
  355   30751 Gratiot Avenue   Roseville   MI   48066
 
                   
Logan’s Roadhouse, Inc.
  356   14235 Hall Road   Shelby Township   MI   48315
 
                   
Logan’s Roadhouse, Inc.
  357   12477 I-10 West   San Antonio   TX   78230
 
                   
Logan’s Roadhouse, Inc.
  359   1908 Pavillon Way   Lexington   KY   40509
 
                   
Logan’s Roadhouse, Inc.
  360   9380 The Landing Drive   Douglasville   GA   30135
 
                   
Logan’s Roadhouse, Inc.
  362   948 North East Loop 820   Hurst   TX   76053

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  363   4609 West Loop 250 North   Midland   TX   79707
 
                   
Logan’s Roadhouse, Inc.
  364   2224 S. 10th Street   McAllen   TX   78503
 
                   
Logan’s Roadhouse, Inc.
  365   1141 Hwy. 35 North   SanMarcos   TX   78666
 
                   
Logan’s Roadhouse, Inc.
  366   2200 S. Hwy 6   Houston   TX   77077
 
                   
Logan’s Roadhouse, Inc.
  367   5300 San Dario Drive   Laredo   TX   78041
 
                   
Logan’s Roadhouse, Inc.
  368   86 West 14 Mile Road   Troy   MI   48083
 
                   
Logan’s Roadhouse, Inc.
  369   2315 Beltline Road S.W.   Decatur   AL   35603
 
                   
Logan’s Roadhouse, Inc.
  370   4384 Sherwood Way   San Angelo   TX   76901
 
                   
Logan’s Roadhouse, Inc.
  371   2702 B Parker Road   Round Rock   TX   78681
 
                   
Logan’s Roadhouse, Inc.
  372   13305 Eureka Road   Southgate   MI   48195
 
                   
Logan’s Roadhouse, Inc.
  373   3174 Linden Drive   Bristol   VA   24201
 
                   
Logan’s Roadhouse, Inc.
  374   600 Greenwood Park Dr. North   Greenwood   IN   46142
 
                   
Logan’s Roadhouse, Inc.
  375   39605 Ford Road   Canton   MI   48187
 
                   
Logan’s Roadhouse, Inc.
  376   3000 Spotsylvania Mall Dr.   Fredricksburg   VA   22407
 
                   
Logan’s Roadhouse, Inc.
  377   40 Ali Way   Oxford   AL   36203

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  378   28599 Schoolcraft Rd.   Livonia   MI   48150
 
                   
Logan’s Roadhouse, Inc.
  379   1007 Village Green Crossing   Gallatin   TN   37066
 
                   
Logan’s Roadhouse, Inc.
  380   4046 Wards Rd.   Lynchburg   VA   24502
 
                   
Logan’s Roadhouse, Inc.
  381   5645 Pearl Dr.   Evansville   IN   47712
 
                   
Logan’s Roadhouse, Inc.
  382   2364 Taylor Park Drive   Reynoldsburg   OH   43068
 
                   
Logan’s Roadhouse, Inc.
  383   2170 W. 4th Street   Mansfield   OH   44906
 
                   
Logan’s Roadhouse, Inc.
  384   4425 Canal Avenue SW   Grandville   MI   49418
 
                   
Logan’s Roadhouse, Inc.
  385   4225 N. Main St.   Mishawaka   IN   46545
 
                   
Logan’s Roadhouse, Inc.
  386   3012 William St.   CapeGirardeau   MO   63703
 
                   
Logan’s Roadhouse, Inc.
  387   3954 N. Gloster St.   Tupelo   MS   38804
 
                   
Logan’s Roadhouse, Inc.
  388   504A Northgate Mall   Chattanooga   TN   37415
 
                   
Logan’s Roadhouse, Inc.
  389   4185 N. Dowlen Rd.   Beaumont   TX   77706
 
                   
Logan’s Roadhouse, Inc.
  390   600 Sam Ridley Pkwy. West   Smyrna   TN   37167
 
                   
Logan’s Roadhouse, Inc.
  391   3940 Keith St.   Cleveland   TN   37312
 
                   
Logan’s Roadhouse, Inc.
  392   1210 Illinois Road South   Ft. Wayne   IN   46804

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  393   3153 Alpine Ave.   Walker   MI   49544
 
                   
Logan’s Roadhouse, Inc.
  394   701 E Stassney Bldg. C   Austin   TX   78745
 
                   
Logan’s Roadhouse, Inc.
  395   1230 N Westover Blvd.   Albany   GA   31707
 
                   
Logan’s Roadhouse, Inc.
  396   835 Rainbow Dr.   Gadsden   AL   35901
 
                   
Logan’s Roadhouse, Inc.
  397   2740 John Hawkins Pkwy   Hoover   AL   35244
 
                   
Logan’s Roadhouse, Inc.
  398   6617 Lima Rd.   Ft. Wayne   IN   46818
 
                   
Logan’s Roadhouse, Inc.
  399   17065 Mercantile Rd.   Noblesville   IN   46060
 
                   
Logan’s Roadhouse, Inc.
  400   3299 West Shore Dr.   Holland   MI   49424
 
                   
Logan’s Roadhouse, Inc.
  401   5601 S. Harvey St.   Norton Shores   MI   49441
 
                   
Logan’s Roadhouse, Inc.
  402   1125 North Burleson Blvd   Burleson   TX   76028
 
                   
Logan’s Roadhouse, Inc.
  403   6226 University Dr. NW   Huntsville   AL   35806
 
                   
Logan’s Roadhouse, Inc.
  404   277 Dogwood Blvd   Flowood   MS   39232
 
                   
Logan’s Roadhouse, Inc.
  405   3250 Airport Rd.   Mobile   AL   36606
 
                   
Logan’s Roadhouse, Inc.
  406   15189 Crossroads Pkwy   Gulfport   MS   39503
 
                   
Logan’s Roadhouse, Inc.
  407   600 E. County Line Road   Ridgeland   MS   39157

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  408   3700 US Hwy 75 North   Sherman   TX   75092
 
                   
Logan’s Roadhouse, Inc.
  409   2584 Battlefield Parkway   Ft. Oglethorpe   GA   30742
 
                   
Logan’s Roadhouse, Inc.
  410   2701 Watson Blvd.   Warner Robins   GA   31093
 
                   
Logan’s Roadhouse, Inc.
  411   5800 W. Saginaw   Lansing   MI   48917
 
                   
Logan’s Roadhouse, Inc.
  412   3611N. Shiloh Dr.   Fayetteville   AR   72703
 
                   
Logan’s Roadhouse, Inc.
  413   6201 Rogers Ave   Ft. Smith   AR   72903
 
                   
Logan’s Roadhouse, Inc.
  414   6701 S. Westnedge Ave.   Portage   MI   49002
 
                   
Logan’s Roadhouse, Inc.
  415   4958 Bayou Blvd   Pensacola   FL   32503
 
                   
Logan’s Roadhouse, Inc.
  416   7755 Winchester Rd   Memphis   TN   38125
 
                   
Logan’s Roadhouse, Inc.
  417   30275 Eastern Shore Ct   Spanish Fort   AL   36527
 
                   
Logan’s Roadhouse, Inc.
  418   2806 West Loop 340   Waco   TX   76711
 
                   
Logan’s Roadhouse, Inc.
  419   20 Mill Rd   McDonough   GA   30253
 
                   
Logan’s Roadhouse, Inc.
  420   7612 N. 10th Street   N. McAllen   TX   78504
 
                   
Logan’s Roadhouse, Inc.
  421   1020 N. Military Hwy   Norfolk   VA   23502
 
                   
Logan’s Roadhouse, Inc.
  422   3100 E. Central TX Expressway   Killeen   TX   76542

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  423   5083 Pinnacle Square   Trussville   AL   35235
 
                   
Logan’s Roadhouse, Inc.
  424   201 RHL Blvd.   Charleston   WV   25309
 
                   
Logan’s Roadhouse, Inc.
  425   4404 Miller Rd.   Flint   MI   48507
 
                   
Logan’s Roadhouse, Inc.
  426   1320 E. Ireland Rd.   SouthBend   IN   46614
 
                   
Logan’s Roadhouse, Inc.
  427   2140 East Walnut Ave.   Dalton   GA   30721
 
                   
Logan’s Roadhouse, Inc.
  428   6685 Airways Blvd   Southhaven   MS   38671
 
                   
Logan’s Roadhouse, Inc.
  429   2400 Gateway Drive   Opelika   AL   36801
 
                   
Logan’s Roadhouse, Inc.
  430   9026 East 71st Street   Tulsa   OK   74133
 
                   
Logan’s Roadhouse, Inc.
  431   1651 Marketplace Dr SE   Caledonia   MI   49316
 
                   
Logan’s Roadhouse, Inc.
  432   2819 Centre Drive   Beavercreek   OH   45324
 
                   
Logan’s Roadhouse, Inc.
  433   2621 SW 19th Ave Rd   Ocala   FL   34471
 
                   
Logan’s Roadhouse, Inc.
  434   315 Mary Esther Blvd   Mary Esther   FL   32569
 
                   
Logan’s Roadhouse, Inc.
  435   2920 Scottsville Rd   Bowling Green   KY   42103
 
                   
Logan’s Roadhouse, Inc.
  436   1310 N. Eisenhower Dr   Beckley   WV   25801
 
                   
Logan’s Roadhouse, Inc.
  437   6835 Houston Rd   Florence   KY   41042

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  438   2310 Wilkes-Barre Township            
      Marketplace   Wilkes-Barre   PA   18702
 
                   
Logan’s Roadhouse, Inc.
  439   100 9th Street   Vienna   WV   26105
 
                   
Logan’s Roadhouse, Inc.
  440   7135 Eastman Ave   Midland   MI   48642
 
                   
Logan’s Roadhouse, Inc.
  441   1110 Battlefield R.   Springfield   MO   65807
 
                   
Logan’s Roadhouse, Inc.
  442   2180 York Crossing Dr   York   PA   17404
 
                   
Logan’s Roadhouse, Inc.
  443   209 N. Range Line   Joplin   MO   64801
 
                   
Logan’s Roadhouse, Inc.
  444   750 Apalachee Pwky   Tallahassee   FL   32301
 
                   
Logan’s Roadhouse, Inc.
  445   1560 Parkway   Sevierville   TN   37862
 
                   
Logan’s Roadhouse, Inc.
  446   3126 S. Clack Street   Abilene   TX   79606
 
                   
Logan’s Roadhouse, Inc.
  447   6147 US Hwy 98   Hattiesburg   MS   39402
 
                   
Logan’s Roadhouse, Inc.
  448   9531 N Owasso Expwy   Owasso   OK   74055
 
                   
Logan’s Roadhouse, Inc.
  449   3701 Call Field Rd   Wichita Falls   TX   76308
 
                   
Logan’s Roadhouse, Inc.
  450   140 Rojay Dr   Lexington   KY   40503
 
                   
Logan’s Roadhouse, Inc.
  451   401 S. Mt. Juliet Rd. Ste 130   Mt. Juliet   TN   37122
 
                   
Logan’s Roadhouse, Inc.
  453   1519 S. Yuma Palms Pwky   Yuma   AZ   85365

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  454   5057 S. Padre Island   Corpus Christi   TX   78411
 
                   
Logan’s Roadhouse, Inc.
  455   2501 W. Happy Valley Bldg12   Phoenix   AZ   85027
 
                   
Logan’s Roadhouse, Inc.
  456   240 Conference Center Dr   E.Peoria   IL   61611
 
                   
Logan’s Roadhouse, Inc.
  457   313 S. Veterans Pkwy   Normal   IL   61761
 
                   
Logan’s Roadhouse, Inc.
  458   11674 University Dr   Orlando   FL   32817
 
                   
Logan’s Roadhouse, Inc.
  459   1201 W. Osceola Pkwy   Kissimmee   FL   34741
 
                   
Logan’s Roadhouse, Inc.
  460   2424 N. Maize Rd   Wichita   KS   67205
 
                   
Logan’s Roadhouse, Inc.
  461   19401 E. 39th St   Independence   MO   64057
 
                   
Logan’s Roadhouse, Inc.
  462   7221 SE 29th St   Midwest City   OK   73110
 
                   
Logan’s Roadhouse, Inc.
  463   351 S. Perry Rd   Plainfield   IN   46168
 
                   
Logan’s Roadhouse, Inc.
  464   4201 S Medford Dr   Lufkin   TX   75901
 
                   
Logan’s Roadhouse, Inc.
  465   945 N. Dobson Rd   Mesa   AZ   85201
 
                   
Logan’s Roadhouse, Inc.
  466   2649 S. Market Street   Gilbert   AZ   85295
 
                   
Logan’s Roadhouse, Inc.
  467   353 S. Rock Road   Wichita (East)   KS   67207
 
                   
Logan’s Roadhouse, Inc.
  468   4753 Montgomery Hwy   Dothan   AL   36303

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  469   51 Lincoln Hwy   Fairview Heights   IL   62208
 
                   
Logan’s Roadhouse, Inc.
  470   7519 Youree Dr   Shreveport   LA   71105
 
                   
Logan’s Roadhouse, Inc.
  471   2008 Crossings Circle   Spring Hill   TN   37174
 
                   
Logan’s Roadhouse, Inc.
  472   2775 Legends Pkwy   Prattville   AL   36066
 
                   
Logan’s Roadhouse, Inc.
  473   3720 Stone Creek Blvd   Cincinnati   OH   45251
 
                   
Logan’s Roadhouse, Inc.
  474   325 Interstate 20 E   Weatherford   TX   76086
 
                   
Logan’s Roadhouse, Inc.
  475   5000 Bond Blvd.   Bessemer   AL   35022
 
                   
Logan’s Roadhouse, Inc.
  476   2809 W. Expressway 83   Harlingen   TX   78552
 
                   
Logan’s Roadhouse, Inc.
  477   16132 Athens Limestone Blvd.   Athens   AL   35611
 
                   
Logan’s Roadhouse, Inc.
  478   2146 Lantern Ridge Dr   Richmond   KY   40475
 
                   
Logan’s Roadhouse, Inc.
  479   3387 Lowery Pkwy   Fultondale   AL   35068
 
                   
Logan’s Roadhouse, Inc.
  480   1250 24th Ave NW   Norman   OK   73069
 
                   
Logan’s Roadhouse, Inc.
  481   1150 W Highway 287 Bypass   Waxahachie   TX   75165
 
                   
Logan’s Roadhouse, Inc.
  482   410 Elsinger Blvd.   Conway   AR   72032
 
                   
Logan’s Roadhouse, Inc.
  483   108 Hwy 11 & 80   Meridian   MS   39301

 


 

                     
        Location            
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  484   3160 Gulf Freeway South   Dickinson   TX   77539
 
                   
Logan’s Roadhouse, Inc.
  485   6804 Charlotte Pike   Nashville   TN   37209
 
                   
Logan’s Roadhouse, Inc.
  486   560 East I-30   Rockwall   TX   75087
 
                   
Logan’s Roadhouse, Inc.
  487   3050 Riffel Dr.   Salina   KS   67401
 
                   
Logan’s Roadhouse, Inc.
  488   5423 W Loop 1604 North   San Antonio   TX   78254
 
                   
Logan’s Roadhouse, Inc.
  489   727 Thompson Lane   Nashville   TN   37204
 
                   
Logan’s Roadhouse, Inc.
  490   5912 Quebec St.   Ft. Worth   TX   76135
 
                   
Logan’s Roadhouse, Inc.
  492   130 Chandler Dr.   Dickson   TN   37055
 
                   
Logan’s Roadhouse, Inc.
  493   2148 Miamisburg Centerville Rd   Dayton   OH   45459
 
                   
Logan’s Roadhouse, Inc.
  494   3891 Promenade Pkwy   D'Ilberville   MS   39540
 
                   
Logan’s Roadhouse, Inc.
  495   7588 S. Olympia Ave. West   Tulsa   OK   74132
 
                   
Logan’s Roadhouse, Inc.
  499   205 Relco Drive   Manchester   TN   37355
 
                   
Logan’s Roadhouse, Inc.
  501   720 Brown Road   Auburn Hills   MI   48326
 
                   

 


 

Supplement to Schedule 5
COPYRIGHTS AND COPYRIGHT LICENSES
Copyrights
None
Copyright Agreements
          Direct System Purchase and Software License Agreement, dated as of June 15, 2010, by and between Squirrel Systems, G.P. and Logan’s Roadhouse, Inc.
          Microstrategy End User License Agreement Microstrategy Contract Number: 164504, dated March 19, 2010, between Microstrategy Services Corporation and Logan’s Roadhouse, Inc.
          Software License, Services and Maintenance Agreement, dated as of April 25, 2000, between J.D. Edwards World Solutions Company and Logan’s Roadhouse, Inc., as amended by the OneWorld Attachment, dated October 29, 2002.
PATENTS AND PATENT LICENSES
None

 


 

TRADEMARKS AND TRADEMARK LICENSES
             
Trademark Name   Application No.   Registration No.   Goods/Services
BREWSKI ONIONS   78764123   3257854   prepared entrees consisting primarily of meat, fish, poultry or vegetables
             
(LOGAN'S ROADHOUSE LOGO)   78642025   3419984   restaurant services
             
LOGAN’S   78641323   3326246   restaurant services

 


 

             
Trademark Name   Application No.   Registration No.   Goods/Services
(LOGAN'S ROADHOUSE LOGO)   76481400   2797192   restaurant services
             
(LOGAN'S ROADHOUSE LOGO)   78268703   2934163   restaurant services
             
(LOGAN'S ROADHOUSE LOGO)   78854005   3202110   restaurant services
             
LOGAN’S ROADHOUSE   74291119   1874314   restaurants
             
(IMAGE)   78864489   3352178   restaurant services
             
(IMAGE)   77200179   3369044   restaurant services
             
NATIONAL TAKE BACK LUNCH DAY   78873418   3759425   restaurant services
             
ONION BREWSKI   78764119   3260238   prepared entrees consisting primarily of meat, fish, poultry or vegetables
             
PEANUT SHOOTER   78836930   3239245   prepared foods, namely, dessert mousse featuring peanuts
             

 


 

             
Trademark Name   Application No.   Registration No.   Goods/Services
REAL CHOICES. REAL VALUE.   77176947   3368781   restaurant services
             
ROADIE   77176961   3705795   prepared foods, namely, sandwiches
             
ROADIES   78841796   3512567   prepared foods for consumption on and off premises, namely, sandwiches
             
TAKE BACK LUNCH   78873373   3332537   restaurant services
             
THE LOGAN   78401171   3077914   prepared combination entrees consisting primarily of meat, fish, poultry and/or vegetables
             
THE REAL AMERICAN ROADHOUSE   78642446   3146919   restaurant services
          Domain Names
logansgiftcards.com
loganslistens.com
logansroadhouse.biz
logansroadhouse.info
logansroadhouse.net
logansroadhouse.org
logansroadhouse.us
logansroadhousegiftcards.com
losethebag.com
mylogans.biz
mylogans.com
mylogans.net
mylogans.org

 


 

mylogans.us
nuts4steaks.com
nutsforsteaks.com
therealamericanroadhouse.com
logansroadhouse.com
Trademark Agreements:
Mutual Trademark Usage and Consent Agreement between Logan’s Roadhouse, Inc. and Fresh and Fancy Farms, Inc. dated as of April, 2008
Sponsorship Agreement between Logan’s Roadhouse, Inc. and Tennessee Football, Inc., dated as of August 1, 2007.

 


 

Supplement to Schedule 6
COMMODITY ACCOUNTS
None
Joinder to Second Lien Security Agreement Signature Page

 


 

Supplement to Schedule 7
DEPOSIT ACCOUNTS
             
    Name   Bank   Account #
    Concentration Master   Wachovia   ZBAxxxxxxxxx
                   
Store #     Name   Bank   Account #  
N/A     Master  
Bank of America
    xxxxxxxxx  
N/A     Master  
Fifth Third Bank
    xxxxxxxxx  
N/A     Master  
Regions Bank
    xxxxxxxxx  
N/A     Master  
Fifth Third Bank — CompuSafe
    xxxxxxxxx  
301     Lexington  
Fifth Third — CompuSafe
    xxxxxxxxx  
302     Antioch  
Fifth Third — CompuSafe
    xxxxxxxxx  
303     Madison  
Fifth Third — CompuSafe
    xxxxxxxxx  
304     Clarksville, TN  
Fifth Third — CompuSafe
    xxxxxxxxx  
305     Jackson  
Fifth Third — CompuSafe
    xxxxxxxxx  
306     Murfreesboro  
Fifth Third — CompuSafe
    xxxxxxxxx  
307     Franklin  
Fifth Third — CompuSafe
    xxxxxxxxx  
308     Paducah  
Fifth Third — CompuSafe
    xxxxxxxxx  
309     Chattanooga  
Fifth Third — CompuSafe
    xxxxxxxxx  
310     Clarksville, IN  
Fifth Third — CompuSafe
    xxxxxxxxx  
311     Johnson City  
Fifth Third — CompuSafe
    xxxxxxxxx  
312     Florence  
Amsouth Bank
    xxxxxxxxx  
313     Columbus, GA  
Fifth Third — CompuSafe
    xxxxxxxxx  
315     Barboursville  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
316     Evansville  
Fifth Third — Compusafe
    xxxxxxxxx  
317     Memphis  
Fifth Third — CompuSafe
    xxxxxxxxx  
318     Tuscaloosa  
Regions Bank
    xxxxxxxxx  
319     Athens  
Fifth Third — Compusafe
    xxxxxxxxx  
320     Macon  
Fifth Third — Compusafe
    xxxxxxxxx  
321     Louisville  
Fifth Third — Compusafe
    xxxxxxxxx  
322     Cookeville  
Fifth Third — Compusafe
    xxxxxxxxx  
323     Elliston  
Fifth Third — CompuSafe
    xxxxxxxxx  
324     Baton Rouge  
Fifth Third — CompuSafe
    xxxxxxxxx  
325     Lafayette, LA  
Fifth Third — CompuSafe
    xxxxxxxxx  
326     Birmingham  
Regions Bank
    xxxxxxxxx  
327     Alexandria  
Fifth Third — CompuSafe
    xxxxxxxxx  
328     Huntsville  
Regions Bank
    xxxxxxxxx  
329     Lake Charles  
Fifth Third — CompuSafe
    xxxxxxxxx  
331     Indianapolis  
Fifth Third — CompuSafe
    xxxxxxxxx  
Joinder to Second Lien Security Agreement Signature Page

 


 

                   
Store #     Name   Bank   Account #  
332     West Monroe  
Fifth Third — CompuSafe
    xxxxxxxxx  
333     Fairfax  
United Bank
    xxxxxxxxx  
334     Orlando  
Fifth Third — CompuSafe
    xxxxxxxxx  
337     Louisville2  
Fifth Third — CompuSafe
    xxxxxxxxx  
338     Lafayette, IN  
Fifth Third — Compusafe
    xxxxxxxxx  
339     Birmingham2  
Regions Bank
    xxxxxxxxx  
340     Savannah  
Fifth Third — CompuSafe
    xxxxxxxxx  
342     Kissimmee  
Fifth Third — CompuSafe
    xxxxxxxxx  
344     Tampa  
Fifth Third — CompuSafe
    xxxxxxxxx  
345     Columbus, OH  
Huntington National Bank
    xxxxxxxxx  
347     Amarillo  
Amarillo National Bank
    xxxxxxxxx  
348     Orlando2  
Fifth Third — CompuSafe
    xxxxxxxxx  
349     Sanford  
Fifth Third — CompuSafe
    xxxxxxxxx  
351     Odessa  
Western National Bank
    xxxxxxxxx  
352     El Paso  
Bank of America
    xxxxxxxxx  
353     Lubbock  
Fifth Third — CompuSafe
    xxxxxxxxx  
354     Lewisville  
Capital One
    xxxxxxxxx  
355     Roseville  
Fifth Third Bank
    xxxxxxxxx  
356     Shelby Township  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
357     San Antonio  
Compass Bank
    xxxxxxxxx  
359     Lexington2  
Fifth Third — CompuSafe
    xxxxxxxxx  
360     Douglasville  
Fifth Third — CompuSafe
    xxxxxxxxx  
362     Hurst  
Wells Fargo Bank Texas, NA
    xxxxxxxxx  
363     Midland  
Western National Bank
    xxxxxxxxx  
364     McAllen  
Compass Bank
    xxxxxxxxx  
365     San Marcos  
Frost National Bank
    xxxxxxxxx  
366     Houston2  
Sterling Bank
    xxxxxxxxx  
367     Laredo  
Bank of America
    xxxxxxxxx  
368     Troy  
Comerica Bank
    xxxxxxxxx  
369     Decatur  
Regions Bank
    xxxxxxxxx  
370     San Angelo  
Bank of America
    xxxxxxxxx  
371     Round Rock  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
372     Southgate  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
374     Greenwood  
Fifth Third — CompuSafe
    xxxxxxxxx  
375     Canton  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
378     Livonia  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
379     Gallatin  
Fifth Third — CompuSafe
    xxxxxxxxx  
381     Evansville2  
Fifth Third — CompuSafe
    xxxxxxxxx  
382     Reynoldsburg  
Fifth Third Bank
    xxxxxxxxx  
383     Mansfield  
Huntington National Bank
    xxxxxxxxx  
384     Grandville  
Fifth Third Bank
    xxxxxxxxx  
385     Mishawaka  
Fifth Third — CompuSafe
    xxxxxxxxx  
386     Cape Girardeau  
Fifth Third — CompuSafe
    xxxxxxxxx  
387     Tupelo  
Renasant Bank
    xxxxxxxxx  
388     Chattanooga2  
Fifth Third — CompuSafe
    xxxxxxxxx  
390     Smyrna  
Fifth Third — CompuSafe
    xxxxxxxxx  
391     Cleveland TN  
Fifth Third — CompuSafe
    xxxxxxxxx  
392     Ft. Wayne  
Fifth Third — CompuSafe
    xxxxxxxxx  
393     Walker  
Fifth Third Bank
    xxxxxxxxx  
394     Austin  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  

 


 

                   
Store #     Name   Bank   Account #  
395     Albany  
Fifth Third — CompuSafe
    xxxxxxxxx  
396     Gadsden  
Regions Bank
    xxxxxxxxx  
397     Hoover  
RBC Bank
    xxxxxxxxx  
398     Ft. Wayne2  
Fifth Third — CompuSafe
    xxxxxxxxx  
399     Noblesville  
Fifth Third — CompuSafe
    xxxxxxxxx  
400     Holland  
Fifth Third Bank
    xxxxxxxxx  
401     Muskegon  
Fifth Third Bank
    xxxxxxxxx  
402     Burleson  
First National Bank of Burleson
    xxxxxxxxx  
403     Huntsville  
Regions Bank
    xxxxxxxxx  
404     Flowood  
Fifth Third — CompuSafe
    xxxxxxxxx  
405     Mobile  
Regions
    xxxxxxxxx  
406     Gulfport  
Fifth Third — CompuSafe
    xxxxxxxxx  
407     Ridgeland  
Amsouth Bank
    xxxxxxxxx  
408     Sherman  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
409     Ft Oglethorpe  
Fifth Third — CompuSafe
    xxxxxxxxx  
410     Warner Robins  
Fifth Third — CompuSafe
    xxxxxxxxx  
411     Lansing  
Fifth Third Bank
    xxxxxxxxx  
412     Fayettevlle  
Regions Bank
    xxxxxxxxx  
413     Fort Smith  
Regions Bank
    xxxxxxxxx  
414     Portage  
Fifth Third Bank
    xxxxxxxxx  
415     Pensacola  
Fifth Third — CompuSafe
    xxxxxxxxx  
416     Memphis 2  
Fifth Third — CompuSafe
    xxxxxxxxx  
417     Spanish Fort  
Regions Bank
    xxxxxxxxx  
418     Waco  
The National Banks of Central Texas
    xxxxxxxxx  
419     McDonough  
Fifth Third — CompuSafe
    xxxxxxxxx  
420     N McAllen  
First National Bank
    xxxxxxxxx  
422     Killeen  
First National Bank Texas
    xxxxxxxxx  
423     Trussville  
Regions Bank
    xxxxxxxxx  
424     Charleston  
Huntington National Bank
    xxxxxxxxx  
425     Flint  
Fifth Third Bank
    xxxxxxxxx  
426     Southbend  
Fifth Third — CompuSafe
    xxxxxxxxx  
427     Dalton  
Fifth Third — CompuSafe
    xxxxxxxxx  
428     Southaven  
Fifth Third — CompuSafe
    xxxxxxxxx  
429     Opelika  
Amsouth Bank
    xxxxxxxxx  
430     Tulsa  
Fifth Third — CompuSafe
    xxxxxxxxx  
431     Grand Rapids  
Fifth Third Bank
    xxxxxxxxx  
432     Beavercreek  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
433     Ocala  
Fifth Third — CompuSafe
    xxxxxxxxx  
434     Mary Ester/Ft Wal  
Fifth Third — CompuSafe
    xxxxxxxxx  
435     Bowling Green  
First Security Bank (Formerly Integra)
    xxxxxxxxx  
436     Beckley  
City National
    xxxxxxxxx  
437     Florence KY  
Fifth Third — CompuSafe
    xxxxxxxxx  
439     Vienna  
BB&T
    xxxxxxxxx  
440     Midland  
Chemical Bank
    xxxxxxxxx  
441     Springfield  
Fifth Third — CompuSafe
    xxxxxxxxx  
443     Joplin  
Fifth Third — CompuSafe
    xxxxxxxxx  
444     Tallahassee  
Fifth Third — CompuSafe
    xxxxxxxxx  
445     Sevierville  
Fifth Third — CompuSafe
    xxxxxxxxx  
446     Abilene  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
447     Hattiesburg  
Fifth Third — CompuSafe
    xxxxxxxxx  

 


 

                   
Store #     Name   Bank   Account #  
448     Owasso  
Fifth Third — CompuSafe
    xxxxxxxxx  
449     Witchita Falls  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
450     Lexington  
Fifth Third — CompuSafe
    xxxxxxxxx  
451     Mt Juliet  
Fifth Third — CompuSafe
    xxxxxxxxx  
453     Yuma  
Fifth Third — CompuSafe
    xxxxxxxxx  
454     Corpus Christi  
Compass Bank
    xxxxxxxxx  
455     Happy Valley  
Fifth Third — CompuSafe
    xxxxxxxxx  
456     East Peoria  
Fifth Third — CompuSafe
    xxxxxxxxx  
457     Normal  
Fifth Third — CompuSafe
    xxxxxxxxx  
458     Orlando  
Fifth Third — CompuSafe
    xxxxxxxxx  
459     Kissimmee2  
Fifth Third — CompuSafe
    xxxxxxxxx  
460     Wichita2  
Fifth Third — CompuSafe
    xxxxxxxxx  
461     Independence  
Fifth Third — CompuSafe
    xxxxxxxxx  
462     Midwest City  
Fifth Third — CompuSafe
    xxxxxxxxx  
463     Plainfield  
Fifth Third — CompuSafe
    xxxxxxxxx  
464     Lufkin  
Regions
    xxxxxxxxx  
465     Mesa  
Fifth Third — CompuSafe
    xxxxxxxxx  
466     Gilbert AZ  
Fifth Third — CompuSafe
    xxxxxxxxx  
467     Wichita East  
Fifth Third — CompuSafe
    xxxxxxxxx  
469     Fariview Heights  
Regions
    xxxxxxxxx  
470     Shreveport LA  
Fifth Third — CompuSafe
    xxxxxxxxx  
471     Spring Hill TN  
Fifth Third — CompuSafe
    xxxxxxxxx  
473     Cincinnati OH  
Fifth Third Bank
    xxxxxxxxx  
474     WeatherfordTX  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
475     BessemerAL  
First Financial Bank
    xxxxxxxxx  
476     HarlingenTX  
Compass Bank
    xxxxxxxxx  
477     Athens AL  
Regions
    xxxxxxxxx  
478     RichmondKY  
JP Morgan Chase Bank, N.A.
    xxxxxxxxx  
479     FultondaleAL  
Iberia Bank
    xxxxxxxxx  
480     NormanOK  
Fifth Third — CompuSafe
    xxxxxxxxx  
481     WaxahachieTX  
Fifth Third — CompuSafe
    xxxxxxxxx  
482     ConwayAR  
Fifth Third — CompuSafe
    xxxxxxxxx  
483     MeridianMS  
Fifth Third — CompuSafe
    xxxxxxxxx  
484     LeagueCityTX  
Fifth Third — CompuSafe
    xxxxxxxxx  
485     NashvilleWest  
Fifth Third — CompuSafe
    xxxxxxxxx  
486     RockwallTX  
Fifth Third — CompuSafe
    xxxxxxxxx  
487     SalinaKS  
Fifth Third — CompuSafe
    xxxxxxxxx  
488     SanAntonioTX  
Fifth Third — CompuSafe
    xxxxxxxxx  
489     Nashville100Oaks  
Fifth Third — CompuSafe
    xxxxxxxxx  
490     FortWorthTX  
Fifth Third — CompuSafe
    xxxxxxxxx  
492     DicksonTN  
Fifth Third — CompuSafe
    xxxxxxxxx  
493     DaytonOH  
Fifth Third — CompuSafe
    xxxxxxxxx  
494     D'lberville, MS  
Fifth Third — CompuSafe
    xxxxxxxxx  
495     Tulsa, OK  
Fifth Third — CompuSafe
    xxxxxxxxx  
496     Martinsburg,WV  
Fifth Third — CompuSafe
    xxxxxxxxx  
499     Manchester, TN  
Fifth Third — CompuSafe
    xxxxxxxxx  
501     AuburnHills, MI  
Fifth Third — CompuSafe
    xxxxxxxxx  

 


 

Supplement to Schedule 8
SECURITIES ACCOUNTS
         
Name   Bank   Account #
Concentration1
       
Master   Wachovia   ZBAxxxxxxxxx
 
1   Funds deposited in this account are withdrawn each day for overnight investment and re-deposited the following day. There is no separate account number for the overnight investments made with funds deposited in this account.

 


 

Annex 2
to Security Agreement
JOINDER AGREEMENT
TO SECURITY AGREEMENT
          JOINDER AGREEMENT, dated as of [     ], 20[     ] (the “Joinder Agreement”), made by [          ] (the “Additional Grantor”), in favor of Wells Fargo Bank, National Association, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in the Security Agreement (as hereinafter defined).
W I T N E S S E T H:
          WHEREAS, Logan’s Roadhouse, Inc., a Tennessee corporation (the “Issuer”), LRI Holdings, Inc., a Delaware corporation (“Merger Co”), the Subsidiary Guarantors party thereto, Wells Fargo Bank, National Association (in such capacity, the “Trustee”) and the Collateral Agent have entered into an Indenture, dated as of October 4, 2010 (as amended, supplemented or otherwise modified from time to time, the “Indenture”), providing for the issuance of the 10.75% Senior Secured Notes due 2017 (the “Notes”) of the Issuer;
          WHEREAS, in connection with the Indenture, the Issuer, Merger Co and the Subsidiary Guarantors have entered into the Security Agreement, dated as of October 4, 2010 (as amended, supplemented or otherwise modified from time to time, the “Security Agreement”) in favor of the Collateral Agent for the ratable benefit of the Secured Parties;
          WHEREAS, the Indenture requires each Additional Grantor to be or become a party to the Security Agreement; and
          WHEREAS, each Additional Grantor has agreed to execute and deliver this Joinder Agreement;
          NOW, THEREFORE, IT IS AGREED:
          1. Security Agreement. By executing and delivering this Joinder Agreement, each Additional Grantor, as provided in Section 8.14 of the Security Agreement, hereby becomes a party to the Security Agreement as a Grantor thereunder with the same force and effect as if originally named therein as a Grantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder. The information set forth in Annex 1-A hereto is hereby added to the information set forth in the Schedules to the Security Agreement. Each Additional Grantor hereby represents and warrants that each of the representations and warranties contained in Section 4 of the Security Agreement is true and correct on and as the date of this Joinder Agreement (after giving effect to this Joinder Agreement) as if made on and as of such date.

 


 

          2. Grant of Security Interest. Each Additional Grantor hereby grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in, all of the Collateral (as defined in the Security Agreement) now owned or at any time hereafter acquired by such Additional Grantor or in which such Additional Grantor now has or at any time in the future may acquire any right, title or interest, including, without limitation, the property of the Additional Grantors set forth on the attached Supplements set forth on Annex 1-A hereto, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Additional Grantors’ Obligations (as defined in the Security Agreement).
          3. Authorization to File Financing Statements. Each Additional Grantor authorizes the Collateral Agent or counsel to the Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral (as defined in the Security Agreement) without the signature of such Additional Grantor in such form and in such offices as necessary to perfect the security interests of the Collateral Agent under the Security Agreement. Each Additional Grantor authorizes the Collateral Agent to use the collateral description “all personal property, whether now owned or at any time hereafter acquired” or words of similar effect in any such financing statement.
          4. Governing Law. THIS JOINDER AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
[Remainder of page intentionally left blank]

 


 

          IN WITNESS WHEREOF, each of the undersigned has caused this Joinder Agreement to be duly executed and delivered as of the date first above written.
         
  [ADDITIONAL GRANTOR]
 
 
  By:      
    Name:      
    Title:      

 


 

         
Annex 1-A to
Joinder Agreement
Supplement to Schedule 1
Supplement to Schedule 2
Supplement to Schedule 3
Supplement to Schedule 4
Supplement to Schedule 5
Supplement to Schedule 6
Supplement to Schedule 7
Supplement to Schedule 8

 


 

EXECUTION VERSION
JOINDER AGREEMENT
TO SECURITY AGREEMENT
     JOINDER AGREEMENT, dated as of October 4, 2010 (the “Joinder Agreement”), made by LRI Holdings, Inc., a Delaware corporation (“Holdings”), Logan’s Roadhouse, Inc., a Tennessee corporation (the “Company”), Logan’s Roadhouse of Texas, Inc., a Texas corporation (“Logan’s Texas”) and Logan’s Roadhouse of Kansas, Inc., a Kansas corporation (“Logan’s Kansas”) (each, an “Additional Grantor,” and together, the “Additional Grantors”), in favor of Wells Fargo Bank, National Association, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in the Security Agreement (as hereinafter defined).
W I T N E S S E T H:
     WHEREAS, Roadhouse Financing Inc., a Delaware corporation (the “Issuer”), Roadhouse Merger Inc., a Delaware corporation (“Merger Co”), Wells Fargo Bank, National Association (in such capacity, the “Trustee”) and the Collateral Agent have entered into an Indenture, dated as of October 4, 2010 (as amended, supplemented or otherwise modified from time to time, the “Indenture”), providing for the issuance of the 10.75% Senior Secured Notes due 2017 (the “Notes”) of the Issuer;
     WHEREAS, in connection with the Indenture, the Issuer and Merger Co have entered into the Security Agreement, dated as of October 4, 2010 (as amended, supplemented or otherwise modified from time to time, the “Security Agreement”) in favor of the Collateral Agent for the ratable benefit of the Secured Parties;
     WHEREAS, pursuant to the Agreement and Plan of Merger, dated as of August 27, 2010, Merger Co acquired Holdings through a merger transaction, with Holdings as the surviving corporation (the “Acquisition Merger”), and immediately upon the consummation of the Acquisition Merger, the Issuer merged with and into the Company, with the Company as the surviving corporation (the “Finance Merger”, and together with the Acquisition Merger, the “Merger”);
     WHEREAS, in connection with the Merger, the Company has assumed by operation of law all rights and obligations of the Issuer under the Indenture, and Holdings has assumed by operation of law all rights and obligations of Merger Co. under the Indenture. Each of Logan’s Texas, Inc and Logan’s Kansas, are subsidiaries of the Company;
     WHEREAS, the Indenture requires each Additional Grantor to be or become a party to the Security Agreement; and
     WHEREAS, each Additional Grantor has agreed to execute and deliver this Joinder Agreement;
     NOW, THEREFORE, IT IS AGREED:

 


 

     1. Security Agreement. By executing and delivering this Joinder Agreement, each Additional Grantor, as provided in Section 8.14 of the Security Agreement, hereby becomes a party to the Security Agreement as a Grantor thereunder with the same force and effect as if originally named therein as a Grantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder. The information set forth in Annex 1-A hereto is hereby added to the information set forth in the Schedules to the Security Agreement. Each Additional Grantor hereby represents and warrants that each of the representations and warranties contained in Section 4 of the Security Agreement is true and correct on and as the date of this Joinder Agreement (after giving effect to this Joinder Agreement) as if made on and as of such date.
     2. Grant of Security Interest. Each Additional Grantor hereby grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in, all of the Collateral (as defined in the Security Agreement) now owned or at any time hereafter acquired by such Additional Grantor or in which such Additional Grantor now has or at any time in the future may acquire any right, title or interest, including, without limitation, the property of the Additional Grantors set forth on the attached Supplements set forth on Annex 1-A hereto, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Additional Grantors’ Obligations (as defined in the Security Agreement).
     3. Authorization to File Financing Statements. Each Additional Grantor authorizes the Collateral Agent or counsel to the Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral (as defined in the Security Agreement) without the signature of such Additional Grantor in such form and in such offices as necessary to perfect the security interests of the Collateral Agent under the Security Agreement. Each Additional Grantor authorizes the Collateral Agent to use the collateral description “all personal property, whether now owned or at any time hereafter acquired” or words of similar effect in any such financing statement.
     4. Governing Law. THIS JOINDER AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
[Remainder of page intentionally left blank]

 


 

     IN WITNESS WHEREOF, each of the undersigned has caused this Joinder Agreement to be duly executed and delivered as of the date first above written.
         
  LRI HOLDINGS, INC.
 
 
  By:   /s/ George T. Vogel  
    Name:   George T. Vogel  
    Title:   President & CEO  
 
  LOGAN’S ROADHOUSE, INC.
 
 
  By:   /s/ Amy Bertauski  
    Name:   Amy Bertauski  
    Title:   CFO  
 
  LOGAN’S ROADHOUSE OF TEXAS, INC.
 
 
  By:   /s/ Amy Bertauski  
    Name:   Amy Bertauski  
    Title:   Asst. Treasurer  
 
  LOGAN’S ROADHOUSE OF KANSAS, INC.
 
 
  By:   /s/ Robert Effner  
    Name:   Robert Effner  
    Title:   Secretary  
 
Joinder to Second Lien Security Agreement Signature Page

 


 

Acknowledged and Accepted by:
         
  WELLS FARGO BANK, NATIONAL ASSOCIATION, as Collateral Agent.
 
  By:   /s/ Stefan Victory  
    Name:   Stefan Victory  
    Title:   Vice President  
 

 


 

Annex 1-A to
Joinder Agreement

 


 

Annex 1-A to
Joinder Agreement

Supplement to Schedule 1
DESCRIPTION OF INVESTMENT PROPERTY
Pledged Stock:
                                 
Grantor and           Stock           Percent of Total
Jurisdiction of       Class of   Certificate   No. of   Shares Issued
Formation   Issuer   Stock   No.   Shares   Pledged
LRI Holdings, Inc. (Delaware)
  Logan’s Roadhouse, Inc.   Common     2       1000       100 %
 
                               
Logan’s Roadhouse, Inc. (Tennessee)
  Logan’s Roadhouse of Kansas, Inc.   Common     2       1000       100 %
 
                               
Logan’s Roadhouse, Inc. (Tennessee)
  Logan’s Roadhouse of Texas, Inc.   Common     2       1000       100 %
Pledged Notes:
Promissory Note, dated October 4, 2010, in an amount equal to $115,030,072.50, issued by Roadhouse Merger Inc. to Roadhouse Financing Inc.

 


 

Supplement to Schedule 2
FILINGS AND OTHER ACTIONS
REQUIRED TO PERFECT SECURITY INTERESTS
Uniform Commercial Code Filings
     
Name of Grantors   Uniform Commercial Code Filing Office
Logan’s Roadhouse, Inc.
  Tennessee — Secretary of State
 
   
LRI Holdings, Inc.
  Delaware — Secretary of State
 
   
Logan’s Roadhouse of Kansas, Inc.
  Kansas — Secretary of State
 
   
Logan’s Roadhouse of Texas, Inc.
  Texas — Secretary of State
Patent and Trademark Filings
          Notice And Confirmation of Grant of Security Interest Trademarks, effective as of October 4, 2010 is made by Logan’s Roadhouse, Inc., a Tennessee corporation (the “Borrower”), in favor of JPMorgan Chase Bank, N.A., a national banking association, as Administrative Agent (the “Agent”) for the several banks and other financial institutions (the “Lenders”), parties to the Credit Agreement, dated as October 4, 2010 (as amended, supplemented or otherwise modified from time to time, among Borrower, the Lenders, the Agent, and Credit Suisse AG as Co-Documentation Agent and Syndication Agent.

 


 

Actions with respect to Pledged Stock
          Deliver to the Administrative Agent of each of the share certificates set forth in Schedule 2 hereto, together with a stock power.
Actions with respect to Pledged Notes
          Deliver to the Administrative Agent of the promissory note set forth in Schedule 2 hereto, together with a note power.
Other Actions
          Execute and deliver account control agreements for each of commodities accounts, the deposit accounts and securities accounts set forth on Schedules 7, 8 and 9 hereto.

 


 

Supplement to Schedule 3
LOCATION OF JURISDICTION OF ORGANIZATION AND CHIEF EXECUTIVE OFFICE
         
    Jurisdiction of   Location of Chief
Grantor   Organization   Executive Office
Logan’s Roadhouse, Inc.
  Tennessee   3011 Armory Drive
Suite 300
Nashville, TN 37204
 
       
LRI Holdings, Inc.
  Delaware   3011 Armory Drive
Suite 300
Nashville, TN 37204
 
       
Logan’s Roadhouse of Kansas, Inc.
  Kansas   3011 Armory Drive
Suite 300
Nashville, TN 37204
 
       
Logan’s Roadhouse of Texas, Inc.
  Texas   3011 Armory Drive
Suite 300
Nashville, TN 37204

 


 

Supplement to Schedule 4
LOCATIONS OF INVENTORY AND EQUIPMENT
                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  N/A   3011 Armory Drive
Suite 300
  Nashville   TN   37204
Logan’s Roadhouse, Inc.
  301   1250 South Broadway   Lexington   KY   40504
Logan’s Roadhouse, Inc.
  302   5300 Hickory Hollow Ln   Antioch   TN   37013
Logan’s Roadhouse, Inc.
  303   1715 Gallatin Pike North   Madison   TN   37115
Logan’s Roadhouse, Inc.
  304   3072 Wilma Rudolph Blvd   Clarksville   TN   37040
Logan’s Roadhouse, Inc.
  305   604 Carriage House Dr   Jackson   TN   38305
Logan’s Roadhouse, Inc.
  306   740 NW Broad   Murfreesboro   TN   37129
Logan’s Roadhouse, Inc.
  307   7087 Baker's Bridge Ave   Franklin   TN   37064
Logan’s Roadhouse, Inc.
  308   5137 Hinkleville Rd   Paducah   KY   42001
Logan’s Roadhouse, Inc.
  309   2119 Gunbarrell Rd   Chattanooga   TN   37421
Logan’s Roadhouse, Inc.
  310   970 State Rd 131   Clarksville   IN   47129
Logan’s Roadhouse, Inc.
  311   3112 Browns Mill Rd   Johnson City   TN   37604
Logan’s Roadhouse, Inc.
  312   2890 Florence Blvd   Florence   AL   35630

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  313   2643 Manchester   Columbus   GA   31904
Logan’s Roadhouse, Inc.
  315   850 Mall Rd   Barboursville   WV   25504
Logan’s Roadhouse, Inc.
  316   1 N. Burkhardt   Evansville   IN   47715
Logan’s Roadhouse, Inc.
  317   2710 N. Germantown Pkwy   Memphis   TN   38133
Logan’s Roadhouse, Inc.
  318   1511 Skyland Blvd E   Tuscaloosa   AL   35403
Logan’s Roadhouse, Inc.
  319   3668 Atlanta Hwy   Athens   GA   30606
Logan’s Roadhouse, Inc.
  320   3933 Arkwright Rd   Macon   GA   31210
Logan’s Roadhouse, Inc.
  321   5005 Shelbyville Rd   Louisville   KY   40207
Logan’s Roadhouse, Inc.
  322   1395 Interstate Dr.   Cookeville   TN   38501
Logan’s Roadhouse, Inc.
  323   2400 Elliston Pl   Nashville   TN   37202
Logan’s Roadhouse, Inc.
  324   6571 Blue Bonnet Blvd.   Baton Rouge   LA   70810
Logan’s Roadhouse, Inc.
  325   3323 Ambassador Caffery Pkwy   Lafayette   LA   70506
Logan’s Roadhouse, Inc.
  326   7724 Ludington Lane   Birmingham   AL   35210
Logan’s Roadhouse, Inc.
  327   2820 MacArthur Dr   Alexandria   LA   71301

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  328   4249 Balmoral Drive   Huntsville   AL   35801
Logan’s Roadhouse, Inc.
  329   3509 Gerstner Memorial Pkwy   Lake Charles   LA   70605
Logan’s Roadhouse, Inc.
  331   4825 E. 82nd St   Indianapolis   IN   46250
Logan’s Roadhouse, Inc.
  332   201 Constitution Dr   W. Monroe   LA   71292
Logan’s Roadhouse, Inc.
  333   12821 Fair Lakes Pkwy   Fairfax   VA   22033
Logan’s Roadhouse, Inc.
  334   7480 W. Colonial Drive   Orlando   FL   32818
Logan’s Roadhouse, Inc.
  335   4740 Valley View Blvd   Roanoke   VA   24012
Logan’s Roadhouse, Inc.
  336   46321 McClellan Way   Sterling   VA   20165
Logan’s Roadhouse, Inc.
  337   5229 Dixie Hwy   Louisville   KY   40216
Logan’s Roadhouse, Inc.
  338   3840 State Rd 26 East   Lafayette   IN   47905
Logan’s Roadhouse, Inc.
  339   100 Resource Center Pkwy   Birmingham   AL   35242
Logan’s Roadhouse, Inc.
  340   11301 Abercorn Street   Savannah   GA   31419
Logan’s Roadhouse, Inc.
  342   5925 W. Irlo Bronson Hwy   Kissimmee   FL   34746
Logan’s Roadhouse, Inc.
  344   9218 Anderson Rd.   Tampa   FL   33634
Logan’s Roadhouse, Inc.
  345   3969 Morse Crossing   Columbus   OH   43219

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  346   7731 Donegan Drive   Manassas   VA   20110
Logan’s Roadhouse, Inc.
  347   8310 I-40 West   Amarillo   TX   79106
Logan’s Roadhouse, Inc.
  348   3060 W. Sandlake Road   Orlando   FL   32819
Logan’s Roadhouse, Inc.
  349   4649 W. 1st Street   Sanford   FL   32771
Logan’s Roadhouse, Inc.
  350   12950 N.W. Freeway   Houston   TX   77040
Logan’s Roadhouse, Inc.
  351   5105 E. 42nd Street   Odessa   TX   79762
Logan’s Roadhouse, Inc.
  352   11865 Gateway West Blvd   El Paso   TX   79936
Logan’s Roadhouse, Inc.
  353   6251 Slide Road   Lubbock   TX   79414
Logan’s Roadhouse, Inc.
  354   2513 S. Stemmons Freeway   Lewisville   TX   75067
Logan’s Roadhouse, Inc.
  355   30751 Gratiot Avenue   Roseville   MI   48066
Logan’s Roadhouse, Inc.
  356   14235 Hall Road   Shelby Township   MI   48315
Logan’s Roadhouse, Inc.
  357   12477 I-10 West   San Antonio   TX   78230
Logan’s Roadhouse, Inc.
  359   1908 Pavillon Way   Lexington   KY   40509
Logan’s Roadhouse, Inc.
  360   9380 The Landing Drive   Douglasville   GA   30135
Logan’s Roadhouse, Inc.
  362   948 North East Loop 820   Hurst   TX   76053

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  363   4609 West Loop 250 North   Midland   TX   79707
Logan’s Roadhouse, Inc.
  364   2224 S. 10th Street   McAllen   TX   78503
Logan’s Roadhouse, Inc.
  365   1141 Hwy. 35 North   SanMarcos   TX   78666
Logan’s Roadhouse, Inc.
  366   2200 S. Hwy 6   Houston   TX   77077
Logan’s Roadhouse, Inc.
  367   5300 San Dario Drive   Laredo   TX   78041
Logan’s Roadhouse, Inc.
  368   86 West 14 Mile Road   Troy   MI   48083
Logan’s Roadhouse, Inc.
  369   2315 Beltline Road S.W.   Decatur   AL   35603
Logan’s Roadhouse, Inc.
  370   4384 Sherwood Way   San Angelo   TX   76901
Logan’s Roadhouse, Inc.
  371   2702 B Parker Road   Round Rock   TX   78681
Logan’s Roadhouse, Inc.
  372   13305 Eureka Road   Southgate   MI   48195
Logan’s Roadhouse, Inc.
  373   3174 Linden Drive   Bristol   VA   24201
Logan’s Roadhouse, Inc.
  374   600 Greenwood Park Dr. North   Greenwood   IN   46142
Logan’s Roadhouse, Inc.
  375   39605 Ford Road   Canton   MI   48187
Logan’s Roadhouse, Inc.
  376   3000 Spotsylvania Mall Dr.   Fredricksburg   VA   22407
Logan’s Roadhouse, Inc.
  377   40 Ali Way   Oxford   AL   36203

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  378   28599 Schoolcraft Rd.   Livonia   MI   48150
Logan’s Roadhouse, Inc.
  379   1007 Village Green Crossing   Gallatin   TN   37066
Logan’s Roadhouse, Inc.
  380   4046 Wards Rd.   Lynchburg   VA   24502
Logan’s Roadhouse, Inc.
  381   5645 Pearl Dr.   Evansville   IN   47712
Logan’s Roadhouse, Inc.
  382   2364 Taylor Park Drive   Reynoldsburg   OH   43068
Logan’s Roadhouse, Inc.
  383   2170 W. 4th Street   Mansfield   OH   44906
Logan’s Roadhouse, Inc.
  384   4425 Canal Avenue SW   Grandville   MI   49418
Logan’s Roadhouse, Inc.
  385   4225 N. Main St.   Mishawaka   IN   46545
Logan’s Roadhouse, Inc.
  386   3012 William St.   CapeGirardeau   MO   63703
Logan’s Roadhouse, Inc.
  387   3954 N. Gloster St.   Tupelo   MS   38804
Logan’s Roadhouse, Inc.
  388   504A Northgate Mall   Chattanooga   TN   37415
Logan’s Roadhouse, Inc.
  389   4185 N. Dowlen Rd.   Beaumont   TX   77706
Logan’s Roadhouse, Inc.
  390   600 Sam Ridley Pkwy. West   Smyrna   TN   37167
Logan’s Roadhouse, Inc.
  391   3940 Keith St.   Cleveland   TN   37312
Logan’s Roadhouse, Inc.
  392   1210 Illinois Road South   Ft. Wayne   IN   46804

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  393   3153 Alpine Ave.   Walker   MI   49544
Logan’s Roadhouse, Inc.
  394   701 E Stassney Bldg. C   Austin   TX   78745
Logan’s Roadhouse, Inc.
  395   1230 N Westover Blvd.   Albany   GA   31707
Logan’s Roadhouse, Inc.
  396   835 Rainbow Dr.   Gadsden   AL   35901
Logan’s Roadhouse, Inc.
  397   2740 John Hawkins Pkwy   Hoover   AL   35244
Logan’s Roadhouse, Inc.
  398   6617 Lima Rd.   Ft. Wayne   IN   46818
Logan’s Roadhouse, Inc.
  399   17065 Mercantile Rd.   Noblesville   IN   46060
Logan’s Roadhouse, Inc.
  400   3299 West Shore Dr.   Holland   MI   49424
Logan’s Roadhouse, Inc.
  401   5601 S. Harvey St.   Norton Shores   MI   49441
Logan’s Roadhouse, Inc.
  402   1125 North Burleson Blvd   Burleson   TX   76028
Logan’s Roadhouse, Inc.
  403   6226 University Dr. NW   Huntsville   AL   35806
Logan’s Roadhouse, Inc.
  404   277 Dogwood Blvd   Flowood   MS   39232
Logan’s Roadhouse, Inc.
  405   3250 Airport Rd.   Mobile   AL   36606
Logan’s Roadhouse, Inc.
  406   15189 Crossroads Pkwy   Gulfport   MS   39503
Logan’s Roadhouse, Inc.
  407   600 E. County Line Road   Ridgeland   MS   39157

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  408   3700 US Hwy 75 North   Sherman   TX   75092
Logan’s Roadhouse, Inc.
  409   2584 Battlefield Parkway   Ft. Oglethorpe   GA   30742
Logan’s Roadhouse, Inc.
  410   2701 Watson Blvd.   Warner Robins   GA   31093
Logan’s Roadhouse, Inc.
  411   5800 W. Saginaw   Lansing   MI   48917
Logan’s Roadhouse, Inc.
  412   3611N. Shiloh Dr.   Fayetteville   AR   72703
Logan’s Roadhouse, Inc.
  413   6201 Rogers Ave   Ft. Smith   AR   72903
Logan’s Roadhouse, Inc.
  414   6701 S. Westnedge Ave.   Portage   MI   49002
Logan’s Roadhouse, Inc.
  415   4958 Bayou Blvd   Pensacola   FL   32503
Logan’s Roadhouse, Inc.
  416   7755 Winchester Rd   Memphis   TN   38125
Logan’s Roadhouse, Inc.
  417   30275 Eastern Shore Ct   Spanish Fort   AL   36527
Logan’s Roadhouse, Inc.
  418   2806 West Loop 340   Waco   TX   76711
Logan’s Roadhouse, Inc.
  419   20 Mill Rd   McDonough   GA   30253
Logan’s Roadhouse, Inc.
  420   7612 N. 10th Street   N. McAllen   TX   78504
Logan’s Roadhouse, Inc.
  421   1020 N. Military Hwy   Norfolk   VA   23502
Logan’s Roadhouse, Inc.
  422   3100 E. Central TX Expressway   Killeen   TX   76542

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  423   5083 Pinnacle Square   Trussville   AL   35235
Logan’s Roadhouse, Inc.
  424   201 RHL Blvd.   Charleston   WV   25309
Logan’s Roadhouse, Inc.
  425   4404 Miller Rd.   Flint   MI   48507
Logan’s Roadhouse, Inc.
  426   1320 E. Ireland Rd.   SouthBend   IN   46614
Logan’s Roadhouse, Inc.
  427   2140 East Walnut Ave.   Dalton   GA   30721
Logan’s Roadhouse, Inc.
  428   6685 Airways Blvd   Southhaven   MS   38671
Logan’s Roadhouse, Inc.
  429   2400 Gateway Drive   Opelika   AL   36801
Logan’s Roadhouse, Inc.
  430   9026 East 71st Street   Tulsa   OK   74133
Logan’s Roadhouse, Inc.
  431   1651 Marketplace Dr SE   Caledonia   MI   49316
Logan’s Roadhouse, Inc.
  432   2819 Centre Drive   Beavercreek   OH   45324
Logan’s Roadhouse, Inc.
  433   2621 SW 19th Ave Rd   Ocala   FL   34471
Logan’s Roadhouse, Inc.
  434   315 Mary Esther Blvd   Mary Esther   FL   32569
Logan’s Roadhouse, Inc.
  435   2920 Scottsville Rd   Bowling Green   KY   42103
Logan’s Roadhouse, Inc.
  436   1310 N. Eisenhower Dr   Beckley   WV   25801
Logan’s Roadhouse, Inc.
  437   6835 Houston Rd   Florence   KY   41042

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  438   2310 Wilkes-Barre Township Marketplace   Wilkes-Barre   PA   18702
Logan’s Roadhouse, Inc.
  439   100 9th Street   Vienna   WV   26105
Logan’s Roadhouse, Inc.
  440   7135 Eastman Ave   Midland   MI   48642
Logan’s Roadhouse, Inc.
  441   1110 Battlefield R.   Springfield   MO   65807
Logan’s Roadhouse, Inc.
  442   2180 York Crossing Dr   York   PA   17404
Logan’s Roadhouse, Inc.
  443   209 N. Range Line   Joplin   MO   64801
Logan’s Roadhouse, Inc.
  444   750 Apalachee Pwky   Tallahassee   FL   32301
Logan’s Roadhouse, Inc.
  445   1560 Parkway   Sevierville   TN   37862
Logan’s Roadhouse, Inc.
  446   3126 S. Clack Street   Abilene   TX   79606
Logan’s Roadhouse, Inc.
  447   6147 US Hwy 98   Hattiesburg   MS   39402
Logan’s Roadhouse, Inc.
  448   9531 N Owasso Expwy   Owasso   OK   74055
Logan’s Roadhouse, Inc.
  449   3701 Call Field Rd   Wichita Falls   TX   76308
Logan’s Roadhouse, Inc.
  450   140 Rojay Dr   Lexington   KY   40503
Logan’s Roadhouse, Inc.
  451   401 S. Mt. Juliet Rd. Ste 130   Mt. Juliet   TN   37122
Logan’s Roadhouse, Inc.
  453   1519 S. Yuma Palms Pwky   Yuma   AZ   85365

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  454   5057 S. Padre Island   Corpus Christi   TX   78411
Logan’s Roadhouse, Inc.
  455   2501 W. Happy Valley Bldg12   Phoenix   AZ   85027
Logan’s Roadhouse, Inc.
  456   240 Conference Center Dr   E.Peoria   IL   61611
Logan’s Roadhouse, Inc.
  457   313 S. Veterans Pkwy   Normal   IL   61761
Logan’s Roadhouse, Inc.
  458   11674 University Dr   Orlando   FL   32817
Logan’s Roadhouse, Inc.
  459   1201 W. Osceola Pkwy   Kissimmee   FL   34741
Logan’s Roadhouse, Inc.
  460   2424 N. Maize Rd   Wichita   KS   67205
Logan’s Roadhouse, Inc.
  461   19401 E. 39th St   Independence   MO   64057
Logan’s Roadhouse, Inc.
  462   7221 SE 29th St   Midwest City   OK   73110
Logan’s Roadhouse, Inc.
  463   351 S. Perry Rd   Plainfield   IN   46168
Logan’s Roadhouse, Inc.
  464   4201 S Medford Dr   Lufkin   TX   75901
Logan’s Roadhouse, Inc.
  465   945 N. Dobson Rd   Mesa   AZ   85201
Logan’s Roadhouse, Inc.
  466   2649 S. Market Street   Gilbert   AZ   85295
Logan’s Roadhouse, Inc.
  467   353 S. Rock Road   Wichita (East)   KS   67207
Logan’s Roadhouse, Inc.
  468   4753 Montgomery Hwy   Dothan   AL   36303

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  469   51 Lincoln Hwy   Fairview Heights   IL   62208
Logan’s Roadhouse, Inc.
  470   7519 Youree Dr   Shreveport   LA   71105
Logan’s Roadhouse, Inc.
  471   2008 Crossings Circle   Spring Hill   TN   37174
Logan’s Roadhouse, Inc.
  472   2775 Legends Pkwy   Prattville   AL   36066
Logan’s Roadhouse, Inc.
  473   3720 Stone Creek Blvd   Cincinnati   OH   45251
Logan’s Roadhouse, Inc.
  474   325 Interstate 20 E   Weatherford   TX   76086
Logan’s Roadhouse, Inc.
  475   5000 Bond Blvd.   Bessemer   AL   35022
Logan’s Roadhouse, Inc.
  476   2809 W. Expressway 83   Harlingen   TX   78552
Logan’s Roadhouse, Inc.
  477   16132 Athens Limestone Blvd.   Athens   AL   35611
Logan’s Roadhouse, Inc.
  478   2146 Lantern Ridge Dr   Richmond   KY   40475
Logan’s Roadhouse, Inc.
  479   3387 Lowery Pkwy   Fultondale   AL   35068
Logan’s Roadhouse, Inc.
  480   1250 24th Ave NW   Norman   OK   73069
Logan’s Roadhouse, Inc.
  481   1150 W Highway 287 Bypass   Waxahachie   TX   75165
Logan’s Roadhouse, Inc.
  482   410 Elsinger Blvd.   Conway   AR   72032
Logan’s Roadhouse, Inc.
  483   108 Hwy 11 & 80   Meridian   MS   39301

 


 

                     
        Location
Grantor   Store #   Street Address   City   State   Zip
Logan’s Roadhouse, Inc.
  484   3160 Gulf Freeway South   Dickinson   TX   77539
Logan’s Roadhouse, Inc.
  485   6804 Charlotte Pike   Nashville   TN   37209
Logan’s Roadhouse, Inc.
  486   560 East I-30   Rockwall   TX   75087
Logan’s Roadhouse, Inc.
  487   3050 Riffel Dr.   Salina   KS   67401
Logan’s Roadhouse, Inc.
  488   5423 W Loop 1604 North   San Antonio   TX   78254
Logan’s Roadhouse, Inc.
  489   727 Thompson Lane   Nashville   TN   37204
Logan’s Roadhouse, Inc.
  490   5912 Quebec St.   Ft. Worth   TX   76135
Logan’s Roadhouse, Inc.
  492   130 Chandler Dr.   Dickson   TN   37055
Logan’s Roadhouse, Inc.
  493   2148 Miamisburg Centerville Rd   Dayton   OH   45459
Logan’s Roadhouse, Inc.
  494   3891 Promenade Pkwy   D’Ilberville   MS   39540
Logan’s Roadhouse, Inc.
  495   7588 S. Olympia Ave. West   Tulsa   OK   74132
Logan’s Roadhouse, Inc.
  499   205 Relco Drive   Manchester   TN   37355
Logan’s Roadhouse, Inc.
  501   720 Brown Road   Auburn Hills   MI   48326

 


 

Supplement to Schedule 5
COPYRIGHTS AND COPYRIGHT LICENSES
Copyrights
None
Copyright Agreements
          Direct System Purchase and Software License Agreement, dated as of June 15, 2010, by and between Squirrel Systems, G.P. and Logan’s Roadhouse, Inc.
          Microstrategy End User License Agreement Microstrategy Contract Number: 164504, dated March 19, 2010, between Microstrategy Services Corporation and Logan’s Roadhouse, Inc.
          Software License, Services and Maintenance Agreement, dated as of April 25, 2000, between J.D. Edwards World Solutions Company and Logan’s Roadhouse, Inc., as amended by the OneWorld Attachment, dated October 29, 2002.
PATENTS AND PATENT LICENSES
None

 


 

TRADEMARKS AND TRADEMARK LICENSES
                     
Trademark Name   Application No.   Registration No.   Goods/Services
BREWSKI ONIONS
    78764123       3257854     prepared entrees consisting primarily of meat, fish, poultry or vegetables
 
                   
(IMAGE)
    78642025       3419984     restaurant services
 
                   
LOGAN’S
    78641323       3326246     restaurant services

 


 

                     
Trademark Name   Application No.   Registration No.   Goods/Services
(IMAGE)
    76481400       2797192     restaurant services
 
                   
(IMAGE)
    78268703       2934163     restaurant services
 
                   
(IMAGE)
    78854005       3202110     restaurant services
 
                   
LOGAN’S ROADHOUSE
    74291119       1874314     restaurants
 
                   
(IMAGE)
    78864489       3352178     restaurant services
 
                   
(IMAGE)
    77200179       3369044     restaurant services
 
                   
NATIONAL TAKE BACK LUNCH DAY
    78873418       3759425     restaurant services
 
                   
ONION BREWSKI
    78764119       3260238     prepared entrees consisting primarily of meat, fish, poultry or vegetables
 
                   
PEANUT SHOOTER
    78836930       3239245     prepared foods, namely, dessert mousse featuring peanuts

 


 

                     
Trademark Name   Application No.   Registration No.   Goods/Services
REAL CHOICES. REAL VALUE.
    77176947       3368781     restaurant services
 
                   
ROADIE
    77176961       3705795     prepared foods, namely, sandwiches
 
                   
ROADIES
    78841796       3512567     prepared foods for consumption on and off premises, namely, sandwiches
 
                   
TAKE BACK LUNCH
    78873373       3332537     restaurant services
 
                   
THE LOGAN
    78401171       3077914     prepared combination entrees consisting primarily of meat, fish, poultry and/or vegetables
 
                   
THE REAL AMERICAN ROADHOUSE
    78642446       3146919     restaurant services
     
          Domain Names    
 
logansgiftcards.com
   
loganslistens.com
   
logansroadhouse.biz
   
logansroadhouse.info
   
logansroadhouse.net
   
logansroadhouse.org
   
logansroadhouse.us
   
logansroadhousegiftcards.com
   
losethebag.com
   
mylogans.biz
   
mylogans.com
   
mylogans.net
   
mylogans.org
   

 


 

     
               Domain Names    
 
mylogans.us
   
nuts4steaks.com
   
nutsforsteaks.com
   
therealamericanroadhouse.com
   
logansroadhouse.com
   
Trademark Agreements:
Mutual Trademark Usage and Consent Agreement between Logan’s Roadhouse, Inc. and Fresh and Fancy Farms, Inc. dated as of April, 2008
Sponsorship Agreement between Logan’s Roadhouse, Inc. and Tennessee Football, Inc., dated as of August 1, 2007.

 


 

Supplement to Schedule 6
COMMODITY ACCOUNTS
None

 


 

Supplement to Schedule 7
DEPOSIT ACCOUNTS
         
Name   Bank   Account #
Concentration Master   Wachovia   ZBAXXXXXXXXX
             
Store #   Name   Bank   Account #
N/A
  Master   Bank of America   XXXXXXXXX
N/A
  Master   Fifth Third Bank   XXXXXXXXX
N/A
  Master   Regions Bank   XXXXXXXXX
N/A
  Master   Fifth Third Bank — CompuSafe   XXXXXXXXX
301
  Lexington   Fifth Third — CompuSafe   XXXXXXXXX
302
  Antioch   Fifth Third — CompuSafe   XXXXXXXXX
303
  Madison   Fifth Third — CompuSafe   XXXXXXXXX
304
  Clarksville, TN   Fifth Third — CompuSafe   XXXXXXXXX
305
  Jackson   Fifth Third — CompuSafe   XXXXXXXXX
306
  Murfreesboro   Fifth Third — CompuSafe   XXXXXXXXX
307
  Franklin   Fifth Third — CompuSafe   XXXXXXXXX
308
  Paducah   Fifth Third — CompuSafe   XXXXXXXXX
309
  Chattanooga   Fifth Third — CompuSafe   XXXXXXXXX
310
  Clarksville, IN   Fifth Third — CompuSafe   XXXXXXXXX
311
  Johnson City   Fifth Third — CompuSafe   XXXXXXXXX
312
  Florence   Amsouth Bank   XXXXXXXXX
313
  Columbus, GA   Fifth Third — CompuSafe   XXXXXXXXX
315
  Barboursville   JP Morgan Chase Bank, N.A.   XXXXXXXXX
316
  Evansville   Fifth Third — Compusafe   XXXXXXXXX
317
  Memphis   Fifth Third — CompuSafe   XXXXXXXXX
318
  Tuscaloosa   Regions Bank   XXXXXXXXX
319
  Athens   Fifth Third — Compusafe   XXXXXXXXX
320
  Macon   Fifth Third — Compusafe   XXXXXXXXX
321
  Louisville   Fifth Third — Compusafe   XXXXXXXXX
322
  Cookeville   Fifth Third — Compusafe   XXXXXXXXX
323
  Elliston   Fifth Third — CompuSafe   XXXXXXXXX
324
  Baton Rouge   Fifth Third — CompuSafe   XXXXXXXXX
325
  Lafayette, LA   Fifth Third — CompuSafe   XXXXXXXXX
326
  Birmingham   Regions Bank   XXXXXXXXX
327
  Alexandria   Fifth Third — CompuSafe   XXXXXXXXX
328
  Huntsville   Regions Bank   XXXXXXXXX
329
  Lake Charles   Fifth Third — CompuSafe   XXXXXXXXX
331
  Indianapolis   Fifth Third — CompuSafe   XXXXXXXXX

 


 

             
Store #   Name   Bank   Account #
332
  West Monroe   Fifth Third — CompuSafe   XXXXXXXXX
333
  Fairfax   United Bank   XXXXXXXXX
334
  Orlando   Fifth Third — CompuSafe   XXXXXXXXX
337
  Louisville2   Fifth Third — CompuSafe   XXXXXXXXX
338
  Lafayette, IN   Fifth Third — Compusafe   XXXXXXXXX
339
  Birmingham2   Regions Bank   XXXXXXXXX
340
  Savannah   Fifth Third — CompuSafe   XXXXXXXXX
342
  Kissimmee   Fifth Third — CompuSafe   XXXXXXXXX
344
  Tampa   Fifth Third — CompuSafe   XXXXXXXXX
345
  Columbus, OH   Huntington National Bank   XXXXXXXXX
347
  Amarillo   Amarillo National Bank   XXXXXXXXX
348
  Orlando2   Fifth Third — CompuSafe   XXXXXXXXX
349
  Sanford   Fifth Third — CompuSafe   XXXXXXXXX
351
  Odessa   Western National Bank   XXXXXXXXX
352
  El Paso   Bank of America   XXXXXXXXX
353
  Lubbock   Fifth Third — CompuSafe   XXXXXXXXX
354
  Lewisville   Capital One   XXXXXXXXX
355
  Roseville   Fifth Third Bank   XXXXXXXXX
356
  Shelby Township   JP Morgan Chase Bank, N.A.   XXXXXXXXX
357
  San Antonio   Compass Bank   XXXXXXXXX
359
  Lexington2   Fifth Third — CompuSafe   XXXXXXXXX
360
  Douglasville   Fifth Third — CompuSafe   XXXXXXXXX
362
  Hurst   Wells Fargo Bank Texas, NA   XXXXXXXXX
363
  Midland   Western National Bank   XXXXXXXXX
364
  McAllen   Compass Bank   XXXXXXXXX
365
  San Marcos   Frost National Bank   XXXXXXXXX
366
  Houston2   Sterling Bank   XXXXXXXXX
367
  Laredo   Bank of America   XXXXXXXXX
368
  Troy   Comerica Bank   XXXXXXXXX
369
  Decatur   Regions Bank   XXXXXXXXX
370
  San Angelo   Bank of America   XXXXXXXXX
371
  Round Rock   JP Morgan Chase Bank, N.A.   XXXXXXXXX
372
  Southgate   JP Morgan Chase Bank, N.A.   XXXXXXXXX
374
  Greenwood   Fifth Third — CompuSafe   XXXXXXXXX
375
  Canton   JP Morgan Chase Bank, N.A.   XXXXXXXXX
378
  Livonia   JP Morgan Chase Bank, N.A.   XXXXXXXXX
379
  Gallatin   Fifth Third — CompuSafe   XXXXXXXXX
381
  Evansville2   Fifth Third — CompuSafe   XXXXXXXXX
382
  Reynoldsburg   Fifth Third Bank   XXXXXXXXX
383
  Mansfield   Huntington National Bank   XXXXXXXXX
384
  Grandville   Fifth Third Bank   XXXXXXXXX
385
  Mishawaka   Fifth Third — CompuSafe   XXXXXXXXX
386
  Cape Girardeau   Fifth Third — CompuSafe   XXXXXXXXX
387
  Tupelo   Renasant Bank   XXXXXXXXX
388
  Chattanooga2   Fifth Third — CompuSafe   XXXXXXXXX
390
  Smyrna   Fifth Third — CompuSafe   XXXXXXXXX
391
  Cleveland TN   Fifth Third — CompuSafe   XXXXXXXXX
392
  Ft. Wayne   Fifth Third — CompuSafe   XXXXXXXXX
393
  Walker   Fifth Third Bank   XXXXXXXXX
394
  Austin   JP Morgan Chase Bank, N.A.   XXXXXXXXX

 


 

             
Store #   Name   Bank   Account #
395
  Albany   Fifth Third — CompuSafe   XXXXXXXXX
396
  Gadsden   Regions Bank   XXXXXXXXX
397
  Hoover   RBC Bank   XXXXXXXXX
398
  Ft. Wayne2   Fifth Third — CompuSafe   XXXXXXXXX
399
  Noblesville   Fifth Third — CompuSafe   XXXXXXXXX
400
  Holland   Fifth Third Bank   XXXXXXXXX
401
  Muskegon   Fifth Third Bank   XXXXXXXXX
402
  Burleson   First National Bank of Burleson   XXXXXXXXX
403
  Huntsville   Regions Bank   XXXXXXXXX
404
  Flowood   Fifth Third — CompuSafe   XXXXXXXXX
405
  Mobile   Regions   XXXXXXXXX
406
  Gulfport   Fifth Third — CompuSafe   XXXXXXXXX
407
  Ridgeland   Amsouth Bank   XXXXXXXXX
408
  Sherman   JP Morgan Chase Bank, N.A.   XXXXXXXXX
409
  Ft Oglethorpe   Fifth Third — CompuSafe   XXXXXXXXX
410
  Warner Robins   Fifth Third — CompuSafe   XXXXXXXXX
411
  Lansing   Fifth Third Bank   XXXXXXXXX
412
  Fayettevlle   Regions Bank   XXXXXXXXX
413
  Fort Smith   Regions Bank   XXXXXXXXX
414
  Portage   Fifth Third Bank   XXXXXXXXX
415
  Pensacola   Fifth Third — CompuSafe   XXXXXXXXX
416
  Memphis 2   Fifth Third — CompuSafe   XXXXXXXXX
417
  Spanish Fort   Regions Bank   XXXXXXXXX
418
  Waco   The National Banks of Central Texas   XXXXXXXXX
419
  McDonough   Fifth Third — CompuSafe   XXXXXXXXX
420
  N McAllen   First National Bank   XXXXXXXXX
422
  Killeen   First National Bank Texas   XXXXXXXXX
423
  Trussville   Regions Bank   XXXXXXXXX
424
  Charleston   Huntington National Bank   XXXXXXXXX
425
  Flint   Fifth Third Bank   XXXXXXXXX
426
  Southbend   Fifth Third — CompuSafe   XXXXXXXXX
427
  Dalton   Fifth Third — CompuSafe   XXXXXXXXX
428
  Southaven   Fifth Third — CompuSafe   XXXXXXXXX
429
  Opelika   Amsouth Bank   XXXXXXXXX
430
  Tulsa   Fifth Third — CompuSafe   XXXXXXXXX
431
  Grand Rapids   Fifth Third Bank   XXXXXXXXX
432
  Beavercreek   JP Morgan Chase Bank, N.A.   XXXXXXXXX
433
  Ocala   Fifth Third — CompuSafe   XXXXXXXXX
434
  Mary Ester/Ft Wal   Fifth Third — CompuSafe   XXXXXXXXX
435
  Bowling Green   First Security Bank (Formerly Integra)   XXXXXXXXX
436
  Beckley   City National   XXXXXXXXX
437
  Florence KY   Fifth Third — CompuSafe   XXXXXXXXX
439
  Vienna   BB&T   XXXXXXXXX
440
  Midland   Chemical Bank   XXXXXXXXX
441
  Springfield   Fifth Third — CompuSafe   XXXXXXXXX
443
  Joplin   Fifth Third — CompuSafe   XXXXXXXXX
444
  Tallahassee   Fifth Third — CompuSafe   XXXXXXXXX
445
  Sevierville   Fifth Third — CompuSafe   XXXXXXXXX
446
  Abilene   JP Morgan Chase Bank, N.A.   XXXXXXXXX
447
  Hattiesburg   Fifth Third — CompuSafe   XXXXXXXXX

 


 

             
Store #   Name   Bank   Account #
448
  Owasso   Fifth Third — CompuSafe   XXXXXXXXX
449
  Witchita Falls   JP Morgan Chase Bank, N.A.   XXXXXXXXX
450
  Lexington   Fifth Third — CompuSafe   XXXXXXXXX
451
  Mt Juliet   Fifth Third — CompuSafe   XXXXXXXXX
453
  Yuma   Fifth Third — CompuSafe   XXXXXXXXX
454
  Corpus Christi   Compass Bank   XXXXXXXXX
455
  Happy Valley   Fifth Third — CompuSafe   XXXXXXXXX
456
  East Peoria   Fifth Third — CompuSafe   XXXXXXXXX
457
  Normal   Fifth Third — CompuSafe   XXXXXXXXX
458
  Orlando   Fifth Third — CompuSafe   XXXXXXXXX
459
  Kissimmee2   Fifth Third — CompuSafe   XXXXXXXXX
460
  Wichita2   Fifth Third — CompuSafe   XXXXXXXXX
461
  Independence   Fifth Third — CompuSafe   XXXXXXXXX
462
  Midwest City   Fifth Third — CompuSafe   XXXXXXXXX
463
  Plainfield   Fifth Third — CompuSafe   XXXXXXXXX
464
  Lufkin   Regions   XXXXXXXXX
465
  Mesa   Fifth Third — CompuSafe   XXXXXXXXX
466
  Gilbert AZ   Fifth Third — CompuSafe   XXXXXXXXX
467
  Wichita East   Fifth Third — CompuSafe   XXXXXXXXX
469
  Fariview Heights   Regions   XXXXXXXXX
470
  Shreveport LA   Fifth Third — CompuSafe   XXXXXXXXX
471
  Spring Hill TN   Fifth Third — CompuSafe   XXXXXXXXX
473
  Cincinnati OH   Fifth Third Bank   XXXXXXXXX
474
  WeatherfordTX   JP Morgan Chase Bank, N.A.   XXXXXXXXX
475
  BessemerAL   First Financial Bank   XXXXXXXXX
476
  HarlingenTX   Compass Bank   XXXXXXXXX
477
  Athens AL   Regions   XXXXXXXXX
478
  RichmondKY   JP Morgan Chase Bank, N.A.   XXXXXXXXX
479
  FultondaleAL   Iberia Bank   XXXXXXXXX
480
  NormanOK   Fifth Third — CompuSafe   XXXXXXXXX
481
  WaxahachieTX   Fifth Third — CompuSafe   XXXXXXXXX
482
  ConwayAR   Fifth Third — CompuSafe   XXXXXXXXX
483
  MeridianMS   Fifth Third — CompuSafe   XXXXXXXXX
484
  LeagueCityTX   Fifth Third — CompuSafe   XXXXXXXXX
485
  NashvilleWest   Fifth Third — CompuSafe   XXXXXXXXX
486
  RockwallTX   Fifth Third — CompuSafe   XXXXXXXXX
487
  SalinaKS   Fifth Third — CompuSafe   XXXXXXXXX
488
  SanAntonioTX   Fifth Third — CompuSafe   XXXXXXXXX
489
  Nashville100Oaks   Fifth Third — CompuSafe   XXXXXXXXX
490
  FortWorthTX   Fifth Third — CompuSafe   XXXXXXXXX
492
  DicksonTN   Fifth Third — CompuSafe   XXXXXXXXX
493
  DaytonOH   Fifth Third — CompuSafe   XXXXXXXXX
494
  D’lberville, MS   Fifth Third — CompuSafe   XXXXXXXXX
495
  Tulsa, OK   Fifth Third — CompuSafe   XXXXXXXXX
496
  Martinsburg,WV   Fifth Third — CompuSafe   XXXXXXXXX
499
  Manchester, TN   Fifth Third — CompuSafe   XXXXXXXXX
501
  AuburnHills, MI   Fifth Third — CompuSafe   XXXXXXXXX

 


 

Supplement to Schedule 8
SECURITIES ACCOUNTS
         
Name   Bank   Account #
Concentration1 Master   Wachovia   ZBAXXXXXXXXX
 
1   Funds deposited in this account are withdrawn each day for overnight investment and re-deposited the following day. There is no separate account number for the overnight investments made with funds deposited in this account.