EX-4.5 3 dex45.htm PLEDGE AND SECURITY AGREEMENT Pledge and Security Agreement

Exhibit 4.5

Execution Copy

 

 

 

PLEDGE AND SECURITY AGREEMENT

made by

MACDERMID HOLDINGS, LLC,

MATRIX ACQUISITION CORP. and

MACDERMID, INCORPORATED (as successor to Matrix Acquisition Corp.),

and certain Subsidiaries of MacDermid, Incorporated

in favor of

CREDIT SUISSE, as Collateral Agent

dated as of April 12, 2007

 

 

 


TABLE OF CONTENTS

 

          Page  
SECTION 1.    DEFINED TERMS      1   
1.01      Definitions      1   
1.02      Other Definitional Provisions      8   
SECTION 2.    GRANT OF SECURITY INTEREST; CONTINUING LIABILITY UNDER COLLATERAL      9   
SECTION 3.    REPRESENTATIONS AND WARRANTIES      11   
3.01      Title; No Other Liens      11   
3.02      Perfected First Priority Liens      11   
3.03      Name; Jurisdiction of Organization, etc.      12   
3.04      Inventory and Equipment      12   
3.05      Farm Products      12   
3.06      Investment Property      12   
3.07      Receivables      13   
3.08      Intellectual Property      14   
3.09      Letters of Credit and Letter of Credit Rights      16   
3.10      Commercial Tort Claims      16   
3.11      Contracts      16   
SECTION 4.    COVENANTS      17   
4.01      Covenants in Credit Agreement      17   
4.02      Delivery and Control of Instruments, Chattel Paper, Negotiable Documents, Investment Property and Deposit Accounts      17   
4.03      Maintenance of Insurance      18   
4.04      [Reserved]      19   
4.05      Maintenance of Perfected Security Interest; Further Documentation      19   
4.06      Changes in Locations, Name, Jurisdiction of Incorporation, etc.      20   
4.07      Notices      20   
4.08      Investment Property      20   
4.09      Receivables      22   
4.10      Intellectual Property      22   
4.11      Contracts      24   
4.12      Commercial Tort Claims      24   
SECTION 5.    REMEDIAL PROVISIONS      25   
5.01      Certain Matters Relating to Receivables      25   
5.02      Communications with Obligors; Grantors Remain Liable      25   
5.03      Pledged Securities      26   
5.04      Proceeds to be Turned Over To Collateral Agent      26   

 

i


          Page  

5.05  

   Application of Proceeds      27   

5.06  

   Code and Other Remedies      27   

5.07  

   Registration Rights      29   

5.08  

   Deficiency      30   

SECTION 6.

   THE COLLATERAL AGENT      30   

6.01  

   Collateral Agent’s Appointment as Attorney-in-Fact, etc.      30   

6.02  

   Duty of Collateral Agent      32   

6.03  

   Filing of Financing Statements      33   

6.04  

   Authority of Collateral Agent      33   

6.05  

   Appointment of Co-Collateral Agents      33   

SECTION 7.

   MISCELLANEOUS      33   

7.01  

   Amendments in Writing      33   

7.02  

   Notices      34   

7.03  

   No Waiver by Course of Conduct; Cumulative Remedies      34   

7.04  

   Enforcement Expenses; Indemnification      34   

7.05  

   Successors and Assigns      34   

7.06  

   Set-Off      35   

7.07  

   Counterparts      35   

7.08  

   Severability      35   

7.09  

   Section Headings      35   

7.10  

   Integration      35   

7.11  

   APPLICABLE LAW      35   

7.12  

   Submission to Jurisdiction; Waivers      35   

7.13  

   Acknowledgments      36   

7.14  

   Additional Grantors      37   

7.15  

   Releases      37   

7.16  

   WAIVER OF JURY TRIAL      38   

7.17  

   Reinstatement      38   

 

ii


          Page  

Exhibits:

     

Exhibit A

   Form of Securities Account Control Agreement      A-1   

Exhibit B

   Form of Deposit Account Control Agreement      B-1   

Exhibit C

   Form of Trademark Security Agreement      C-1   

Exhibit D

   Form of Copyright Security Agreement      D-1   

Exhibit E

   Form of Patent Security Agreement      E-1   

Annex:

     

Annex 1

   Form of Assumption Agreement   

Schedules:

     

Schedule 3.02

   Filings and Other Actions Required to Perfect Security Interests   

Schedule 3.03

   Organizational Information   

Schedule 3.06(a)

   Description of Equity Instruments   

Schedule 3.06(b)

   Description of Pledged Debt Instruments   

Schedule 3.06(c)

   Description of Pledged Accounts   

Schedule 3.08(a)

   Intellectual Property   

Schedule 3.08(c)

   Licenses, etc.   

Schedule 3.09

   Letter of Credit Rights   

Schedule 3.10

   Commercial Tort Claims   

Schedule 3.11(a)

   Material Contracts   

 

iii


PLEDGE AND SECURITY AGREEMENT, dated as of April 12, 2007, made by each of the signatories hereto other than the Collateral Agent (as defined below) (together with any other entity that may become a party hereto as provided herein, the “Grantors”), in favor of CREDIT SUISSE, as collateral agent (in such capacity and together with its successors, the “Collateral Agent”) for (i) the banks and other financial institutions or entities (the “Lenders”) from time to time parties to the Credit Agreement, dated as of April 12, 2007 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among MACDERMID HOLDINGS, LLC (formerly known as MDI Holdings, LLC), a Delaware limited liability company (“Holdings”), the Borrower (as defined in Section 1.01), the Lenders party thereto, CREDIT SUISSE, as administrative agent (in such capacity and together with its successors, the “Administrative Agent”) and as Collateral Agent, GOLDMAN SACHS CREDIT PARTNERS L.P., as syndication agent, CIBC WORLD MARKETS CORP. and BEAR STEARNS & CO. INC., as co-documentation agents, and RBS SECURITIES and NATIXIS, as co-managing agents, and (ii) the other Secured Parties (as hereinafter defined).

W I T N E S S E T H:

WHEREAS, pursuant to the Credit Agreement, the Lenders have severally agreed to make extensions of credit to the Borrower upon the terms and subject to the conditions set forth therein;

WHEREAS, the Borrower is a member of an affiliated group of companies that includes each other Grantor;

WHEREAS, the proceeds of the extensions of credit under the Credit Agreement will be used in part to enable the Borrower to make valuable transfers to one or more of the other Grantors in connection with the operation of their respective businesses;

WHEREAS, the Borrower and the other Grantors are engaged in related businesses, and each Grantor will derive substantial direct and indirect benefit from the making of the extensions of credit under the Credit Agreement; and

WHEREAS, it is a condition precedent to the obligation of the Lenders to make their respective extensions of credit to the Borrower under the Credit Agreement that the Grantors shall have executed and delivered this Agreement to the Collateral Agent for the ratable benefit of the Secured Parties;

NOW, THEREFORE, in consideration of the premises and to induce the Arrangers, the Administrative Agent, the Collateral Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrower thereunder, each Grantor hereby agrees with the Collateral Agent, for the ratable benefit of the Secured Parties, as follows:

SECTION 1. DEFINED TERMS

1.01 Definitions. (a) Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement, and the following terms are used herein as defined in the New York UCC (and if defined in more than one Article of the New York UCC, such terms shall have the meanings given in Article 9 thereof): Accounts, Account Debtor, As-Extracted Collateral, Certificated Security, Chattel Paper, Commercial Tort Claim, Commodity Account, Commodity Contract, Commodity Intermediary, Documents, Deposit Account, Electronic Chattel Paper, Equipment, Farm Products, Financial Asset, Fixtures, General Intangibles, Goods, Instruments, Inventory, Letter of Credit, Letter of Credit Rights, Money, Payment Intangibles, Securities Account, Securities Intermediary, Security, Security Entitlement, Supporting Obligations, Tangible Chattel Paper and Uncertificated Security.


(b) The following terms shall have the following meanings:

Administrative Agent” shall have the meaning assigned to such term in the preamble.

After-Acquired Intellectual Property” shall have the meaning assigned to such term in Section 4.10(j).

Agreement” shall mean this Pledge and Security Agreement, as the same may be amended, supplemented, replaced or otherwise modified from time to time.

Arrangers” shall mean Credit Suisse Securities (USA) LLC and Goldman Sachs Credit Partners L.P.

Borrower” shall have the meaning assigned to such term in the preamble.

Business Day” shall mean any day other than a Saturday, Sunday or day on which commercial banks in New York City are authorized or required by law to close.

Closing Date” shall mean the date hereof.

Collateral” shall have the meaning assigned to such term in Section 2.

Collateral Account” shall mean (i) any collateral account established by the Collateral Agent as provided in Section 5.01 or 5.04 or (ii) any cash collateral account established as provided in Section 2.03(g) of the Credit Agreement.

Collateral Agent” shall have the meaning assigned to such term in the preamble.

Contracts” shall mean all contracts and agreements between any Grantor and any other person (in each case, whether written or oral, or third party or intercompany) as the same may be amended, extended, restated, supplemented, replaced or otherwise modified from time to time including (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 receive proceeds of any insurance, indemnity, warranty or guaranty with respect thereto, (iii) all rights of any Grantor to damages arising thereunder and (iv) all rights of any Grantor to terminate and to perform and compel performance of, such contracts and to exercise all remedies thereunder.

 

2


Copyright Licenses” shall mean any agreement, whether written or oral, naming any Grantor as licensor or licensee (including those listed in Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time)), granting any right in, to or under any Copyrights, including the grant of rights to reproduce, distribute, perform, publicly display, and make derivative works of any work protected by copyright.

Copyrights” shall mean (i) all copyrights arising under the laws of the United States, any other country, or union of countries, or any political subdivision of any of the foregoing, whether registered or unregistered and whether published or unpublished (including the registered copyrights and applications listed in Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time)), all registrations and recordings thereof, and all applications in connection therewith and rights corresponding thereto throughout the world, including all registrations, recordings and applications in the United States Copyright Office, (ii) the right to, and to obtain, all extensions and renewals thereof, and the right to sue for past, present and future infringements of any of the foregoing and (iii) all proceeds of the foregoing, including license, royalties, income, payments, claims, damages, and proceeds of suit.

Credit Agreement” shall have the meaning assigned to such term in the preamble.

dollars” or “$” shall mean lawful money of the United States of America.

Excluded Assets” shall mean any lease, license, contract, property right or agreement to which any Grantor is a party or any of its rights or interests thereunder if the grant of a security interest therein shall constitute or result in a breach, termination or default under any such lease, license, contract, property right or agreement (other than to the extent that any such term would be rendered ineffective pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC of any relevant jurisdiction or any other applicable law or principles of equity); provided, however, that such security interest shall attach immediately to any portion of such lease, license, contract, property rights or agreement that does not result in any of the consequences specified above.

Excluded Foreign Subsidiary Voting Stock” shall mean the voting Equity Interests in any Excluded Foreign Subsidiary.

General Intangibles” shall mean all “general intangibles” as such term is defined in Article 9 of the New York UCC and, in any event, including with respect to any Grantor, all rights of such Grantor to receive any tax refunds, all Swap Contracts and all contracts, agreements, instruments and indentures and all licenses, permits, concessions, franchises and authorizations issued by Governmental Authorities in any form, and portions thereof, to which such Grantor is a party or under which such Grantor has any right, title or interest or to which such Grantor or any property of such Grantor is subject, as the same may from time to time be amended, supplemented, replaced or otherwise modified, including (i) all rights of such Grantor to receive moneys due and to become due to it thereunder or in connection therewith, (ii) all rights of such Grantor to receive proceeds of any insurance, indemnity, warranty or guaranty with respect thereto, (iii) all rights of such Grantor to damages arising thereunder and (iv) all rights of such Grantor to terminate and to perform and compel performance and to exercise all remedies thereunder.

 

3


Grantors” shall have the meaning assigned to such term in the preamble.

Holdings” shall have the meaning assigned to such term in the preamble.

Insurance” shall mean (i) all property and casualty insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

Intellectual Property” shall mean the collective reference to all rights, priorities and privileges relating to any intellectual property, whether arising under United States, multinational or foreign laws or otherwise, including all Copyrights, Copyright Licenses, Patents, Patent Licenses, Trademarks, Trademark Licenses, Trade Secrets and Trade Secret Licenses, together with URLs, domain names, content of websites and databases, and all rights to sue at law or in equity for any past, present and future infringement or other violation of rights therein, including the right to receive all proceeds and damages therefrom.

Intellectual Property Collateral” shall mean that portion of the Collateral that constitutes Intellectual Property.

Investment Property” shall mean the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC including all Certificated Securities and Uncertificated Securities, all Security Entitlements, all Securities Accounts, all Commodity Contracts and all Commodity Accounts, (ii) security entitlements, in the case of any United States Treasury book-entry securities, as defined in 31 C.F.R. section 357.2, or, in the case of any United States federal agency book-entry securities, as defined in the corresponding United States federal regulations governing such book-entry securities, and (iii) whether or not otherwise constituting “investment property,” all Pledged Notes, all Pledged Equity Interests, all Pledged Security Entitlements and all Pledged Commodity Contracts.

Issuers” shall mean the collective reference to each issuer of a Pledged Security.

Lenders” shall have the meaning assigned to such term in the preamble.

Licensed Intellectual Property” shall have the meaning assigned to such term in Section 3.08(a).

Majority Holders” shall have the meaning assigned to such term in Section 6.01(a).

Material Contract” shall mean each agreement, contract or license (including any license of Intellectual Property) or other arrangement (a) which is a “material contract” (as such term is defined in Item 601(b)(10) of Regulation S-K of the SEC) to the Grantors and their Subsidiaries; (b) which constitutes a contract or commitment relating to indebtedness for borrowed money or the deferred purchase price of property (in either case, whether incurred, assumed, guaranteed or secured by any asset) in excess of $5,000,000; (c) which contains any

 

4


provision that would by its terms restrict or alter the conduct of business of, or purport to restrict or alter the conduct of business of, the Grantors, any of their Subsidiaries or, to the Borrower’s knowledge, any Affiliate of Holdings; and (d) which by its terms calls for aggregate payments by the Grantors or any of their Subsidiaries of more than $5,000,000 over the remaining term of such agreement, contract, license or other arrangement except for any such agreement contract or license or other arrangement that may be canceled, without any material penalty or other liability to the Grantors or any of their Subsidiaries, upon notice of 90 days or less.

New York UCC” shall mean the Uniform Commercial Code as from time to time in effect in the State of New York.

Non-Assignable Contract” shall mean any Contract that by its terms or by the operation of any federal or state statutory prohibition or otherwise purports to restrict or prevent the assignment thereof or granting of a security interest therein, irrespective of whether such prohibition or restriction is enforceable under Sections 9-407 through 409 of the New York UCC.

Obligations” shall have the meaning assigned to such term in the Credit Agreement.

Owned Intellectual Property” shall have the meaning assigned to such term in Section 3.08(a).

Patent License” shall mean all agreements, whether written or oral, providing for the grant by or to any Grantor of any right to manufacture, use, import or sell any invention covered by any Patents, including any of the foregoing listed in Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time).

Patents” shall mean (i) all letters of patent of the United States, any other country, union of countries or any political subdivision of any of the foregoing, all reissues and extensions thereof, including any of the foregoing listed in Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time), (ii) all applications for letters of patent of the United States or any other country or union of countries or any political subdivision of any of the foregoing and all divisions, continuations and continuations-in-part thereof, including any of the foregoing listed in Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time), (iii) all rights to, and to obtain, any reissues or extensions of the foregoing and (iv) all proceeds of the foregoing, including licenses, royalties, income, payments, claims, damages and proceeds of suit.

Payment in Full of the Obligations” shall have the meaning assigned to such term in Section 1.02(d).

person” shall mean any natural person, institution, sole proprietorship, unincorporated organization, public benefit corporation, corporation, trust, business trust, joint venture, joint stock company, association, company, limited liability company, partnership, Governmental Authority or other entity.

 

5


Pledged Alternative Equity Interests” shall mean all interests of any Grantor in participation or other interests in any equity or profits of any business entity and the certificates, if any, representing such interests and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such interests and any other warrant, right or option to acquire any of the foregoing; provided, however, that Pledged Alternative Equity Interests shall not include any Pledged Stock, Pledged Partnership Interests, Pledged LLC Interests or Pledged Trust Interests.

Pledged Collateral” shall mean the collective reference to the Pledged Commodity Contracts, the Pledged Securities and the Pledged Security Entitlements.

Pledged Commodity Contracts” shall mean all Commodity Contracts listed on Schedule 3.06(c) (as such schedule may be amended from time to time) and all other Commodity Contracts to which any Grantor is party from time to time.

Pledged Debt Securities” shall mean all debt securities now owned or hereafter acquired by any Grantor, including the debt securities listed on Schedule 3.06(b), (as such schedule may be amended or supplemented from time to time), together with any other certificates, options, rights or security entitlements of any nature whatsoever in respect of the debt securities of any person that may be issued or granted to, or held by, any Grantor while this Agreement is in effect.

Pledged Equity Interests” shall mean all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests, Pledged Trust Interests and Pledged Alternative Equity Interests.

Pledged LLC Interests” shall mean all interests of any Grantor now owned or hereafter acquired in any limited liability company, including all limited liability company interests listed on Schedule 3.06(a) hereto under the heading “Pledged LLC Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such limited liability company interests and any interest of such Grantor on the books and records of such limited liability company and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such limited liability company interests and any other warrant, right or option to acquire any of the foregoing.

Pledged Notes” shall mean all promissory notes now owned or hereafter acquired by any Grantor, including those listed on Schedule 3.06(b) (as such schedule may be amended or supplemented from time to time).

Pledged Partnership Interests” shall mean all interests of any Grantor now owned or hereafter acquired in any general partnership, limited partnership, limited liability partnership or other partnership, including all partnership interests listed on Schedule 3.06(a) hereto under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership and all dividends,

 

6


distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests and any other warrant, right or option to acquire any of the foregoing.

Pledged Securities” shall mean the collective reference to the Pledged Debt Securities, the Pledged Notes and the Pledged Equity Interests.

Pledged Security Entitlements” shall mean all Security Entitlements with respect to the Financial Assets listed on Schedule 3.06(c) (as such schedule may be amended from time to time) and all other Security Entitlements of any Grantor.

Pledged Stock” shall mean all shares of capital stock now owned or hereafter acquired by any Grantor, including all shares of capital stock listed on Schedule 3.06(a) hereto under the heading “Pledged Stock” (as such schedule may be amended or supplemented from time to time), and the certificates, if any, representing such shares and any interest of such Grantor in the entries on the books of the issuer of such shares and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such shares and any other warrant, right or option to acquire any of the foregoing.

Pledged Trust Interests” shall mean all interests of any Grantor now owned or hereafter acquired in a Delaware business trust or other trust, including all trust interests listed on Schedule 3.06(a) hereto under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests and any other warrant, right or option to acquire any of the foregoing.

Proceeds” shall mean all “proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC and, in any event, shall include all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto.

Receivable” shall mean all Accounts and any other right to payment for goods or other property sold, leased, licensed or otherwise disposed of or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper or classified as a Payment Intangible and whether or not it has been earned by performance. References herein to Receivables shall include any Supporting Obligation or collateral securing such Receivable.

Secured Hedge Agreement” shall have the meaning assigned to such term in the Credit Agreement.

Secured Parties” shall have the meaning assigned to such term in the Credit Agreement.

 

7


Securities Act” shall mean the Securities Act of 1933, as amended.

Subsidiary” shall mean any subsidiary of the Borrower.

Trademark License” shall mean any agreement, whether written or oral, providing for the grant by or to any Grantor of any right in, to or under any Trademark, including any of the foregoing referred to in Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time).

Trademarks” shall mean (i) all trademarks, trade names, corporate names, company names, business names, fictitious business names, trade styles, service marks, logos, designs and other source or business identifiers, all registrations and recordings thereof, and all applications in connection therewith, whether in the United States Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other country, union of countries, or any political subdivision of any of the foregoing, or otherwise, and all common-law rights related thereto, including any of the foregoing listed in Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time), (ii) the right to, and to obtain, all renewals thereof, (iii) the goodwill of the business connected with the use of and symbolized by the foregoing and (iv) the right to sue for past, present and future infringements or dilution of any of the foregoing or for any injury to goodwill, and all proceeds of the foregoing, including royalties, income, payments, claims, damages and proceeds of suit.

Trade Secret License” shall mean any agreement, whether written or oral, providing for the grant by or to any Grantor of any right in, to or under any Trade Secret.

Trade Secrets” shall mean all trade secrets and all other confidential or proprietary information and know-how (all of the foregoing being collectively called a “Trade Secret”), whether or not reduced to a writing or other tangible form, including all documents and things embodying, incorporating or describing such Trade Secret, the right to sue for past, present and future misappropriation of any Trade Secret and all proceeds of the foregoing, including royalties, income, payments, claims, damages and proceeds of suit.

1.02 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 the specific provisions of 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 the property or assets such Grantor has granted as Collateral or the relevant part thereof.

(d) The expressions “payment in full,” “paid in full” and any other similar terms or phrases when used herein or in any other document with respect to the Obligations shall mean the unconditional, final and irrevocable payment in full, in immediately available funds, of all of the Obligations, unless otherwise specified, other than indemnification and other

 

8


contingent obligations not then due and payable and other than any Obligations in respect of Letters of Credit which have been backstopped or Cash Collateralized, in each case, in amounts and pursuant to documentation in form and substance satisfactory to the Administrative Agent and the L/C Issuer.

(e) The words “include,” “includes” and “including,” and words of similar import, shall not be limiting and shall be deemed to be followed by the phrase “without limitation.”

(f) All references to the Lenders herein shall, where appropriate, include any Lender, the Administrative Agent, the Collateral Agent, any Arranger, or, in the case of any Secured Hedge Agreement, any Hedge Bank.

SECTION 2. GRANT OF SECURITY INTEREST; CONTINUING LIABILITY UNDER COLLATERAL

(a) Each Grantor hereby grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in all of the personal property of such Grantor, including the following property, in each case, wherever located and 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 Obligations:

(i) all Accounts;

(ii) all As-Extracted Collateral;

(iii) all Chattel Paper;

(iv) all Commercial Tort Claims from time to time specifically described on Schedule 3.10;

(v) all Contracts;

(vi) all Deposit Accounts;

(vii) all Documents;

(viii) all Equipment;

(ix) all Fixtures

(x) all General Intangibles;

(xi) all Goods

(xii) all Instruments;

 

9


(xiii) all Insurance;

(xiv) all Intellectual Property;

(xv) all Inventory;

(xvi) all Investment Property;

(xvii) all Letter of Credit Rights;

(xviii) all Money;

(xix) all Securities Accounts;

(xx) all books, records, ledger cards, files, correspondence, customer lists, blueprints, technical specifications, manuals, computer software, computer printouts, tapes, disks and other electronic storage media and related data processing software and similar items that at any time pertain to or evidence or contain information relating to any of the Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon; and

(xxi) to the extent not otherwise included, all other property, whether tangible or intangible, of the Grantor and all Proceeds, products, accessions, rents and profits of any and all of the foregoing and all collateral security, Supporting Obligations and guarantees given by any person with respect to any of the foregoing;

provided that, notwithstanding any other provision set forth in this Section 2, this Agreement shall not, at any time, constitute a grant of a security interest in any property that is, at such time, (i) an Excluded Asset or (ii) the outstanding capital stock, limited liability interests, partnership interests or other equity interests of a Foreign Subsidiary (as defined below) in excess of 65% of the voting power of all classes of capital stock, limited liability interests, partnership interests or other equity interests of such Foreign Subsidiary entitled to vote.

(b) Notwithstanding anything herein to the contrary, (i) each Grantor shall remain liable for all obligations under and in respect of the Collateral and nothing contained herein is intended or shall be a delegation of duties to the Collateral Agent or any other Secured Party, (ii) each Grantor shall remain liable under and each of the agreements included in the Collateral, including any Receivables, any Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof and neither the Collateral Agent nor any other Secured Party shall have any obligation or liability under any of such agreements by reason of or arising out of this Agreement or any other document related hereto nor shall the Collateral Agent nor any other Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any agreement included in the Collateral, including any agreements relating to any Receivables, any Contracts or any agreements relating to Pledged Partnership Interests or Pledged LLC Interests and (iii) the exercise by the Collateral Agent of any of its rights hereunder shall not release any Grantor from any of its duties or

 

10


obligations under the contracts and agreements included in the Collateral, including any agreements relating to any Receivables, any Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests.

SECTION 3. REPRESENTATIONS AND WARRANTIES

To induce the Arrangers, the Administrative Agent, the Collateral Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrower thereunder, each Grantor hereby represents and warrants to the Secured Parties that:

3.01 Title; No Other Liens. Such Grantor owns each item of the Collateral free and clear of any and all Liens or claims, including Liens arising as a result of such Grantor becoming bound (as a result of merger or otherwise) as grantor under a security agreement entered into by another person, except for Permitted Liens and other Liens expressly permitted by Section 8.01 of the Credit Agreement. No financing statement, mortgage 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 is expressly permitted by Section 8.01 of the Credit Agreement.

3.02 Perfected First Priority Liens. The security interests granted pursuant to this Agreement (a) upon completion of the filings and other actions specified on Schedule 3.02 (as such schedule may be amended or supplemented from time to time with respect to after-acquired property consistent with Section 7.12 of the Credit Agreement) (all of which, in the case of all filings and other documents referred to on said Schedule, have been delivered to the Collateral Agent in duly completed and duly executed form, as applicable) and payment of all filing fees, will constitute valid fully 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, except for the taking of any actions required in connection with After-Acquired Intellectual Property and as may be required under the laws of any jurisdiction outside of the United States in order to perfect the Collateral Agent’s Lien in the Collateral created under the laws of such jurisdiction and (b) are prior to all other Liens on the Collateral, except for Permitted Liens and other Liens expressly permitted by Section 8.01 of the Credit Agreement. Without limiting the foregoing but subject to any limitations on such requirement expressly provided herein, each Grantor has taken all actions necessary or desirable, including those specified in Section 4.02 to (i) establish the Collateral Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the New York UCC) over any portion of the Investment Property constituting Certificated Securities, Uncertificated Securities, Securities Accounts, Securities Entitlements or Commodity Accounts, (ii) establish the Collateral Agent’s “control” (within the meaning of Section 9-104 of the New York UCC) over all Deposit Accounts, (iii) establish the Collateral Agent’s “control” (within the meaning of Section 9-107 of the New York UCC) over all Letter of Credit Rights, (iv) establish the Collateral Agent’s control (within the meaning of Section 9-105 of the New York UCC) over all Electronic Chattel Paper and (v) establish the Collateral Agent’s “control” (within the meaning of Section 16 of the Uniform Electronic Transaction Act as in effect in the applicable jurisdiction “UETA”) over all “transferable records” (as defined in UETA).

 

11


3.03 Name; Jurisdiction of Organization, etc. On the date hereof, such Grantor’s exact legal name (as indicated on the public record of such Grantor’s jurisdiction of formation or organization), jurisdiction of organization, organizational identification number, if any, and the location of such Grantor’s chief executive office are specified on Schedule 3.03 (as such schedule may be amended or supplemented from time to time). Each Grantor is organized solely under the law of the jurisdiction so specified and has not filed any certificates of domestication, transfer or continuance in any other jurisdiction. Except as otherwise indicated on Schedule 3.03 (as such schedule may be amended or supplemented from time to time), the jurisdiction of each such Grantor’s organization of formation is required to maintain a public record showing the Grantor to have been organized or formed. Except as specified on Schedule 3.03 (as such schedule may be amended or supplemented from time to time), no such Grantor has changed its name, jurisdiction of organization, chief executive office or its corporate structure in any way (e.g., by merger, consolidation, change in corporate form or otherwise) within the past five years and has not within the last five years become bound (whether as a result of merger or otherwise) as a grantor under a security agreement entered into by another person, which has not heretofore been terminated.

3.04 Inventory and Equipment. (a) None of the Inventory or Equipment that is included in the Collateral is in the possession of an issuer of a negotiable document (as defined in Section 7-104 of the New York UCC) therefor or is otherwise in the possession of any bailee or warehouseman.

(b) Any Inventory now or hereafter produced by any Grantor included in the Collateral has been and will be produced in compliance with the requirements of all applicable laws and regulations, including the Fair Labor Standards Act.

3.05 Farm Products. None of the Collateral constitutes, or is the Proceeds of, Farm Products.

3.06 Investment Property. (a) Schedule 3.06(a) hereto (as such schedule may be amended or supplemented from time to time) sets forth under the headings “Pledged Stock,” “Pledged LLC Interests,” “Pledged Partnership Interests” and “Pledged Trust Interests,” respectively, all of the Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests owned by any Grantor in its subsidiaries and such Pledged Equity Interests constitute the percentage of issued and outstanding shares of stock, percentage of membership interests, percentage of partnership interests or percentage of beneficial interest of the respective issuers thereof indicated on such schedule. Schedule 3.06(b) (as such schedule may be amended or supplemented from time to time) sets forth under the heading “Pledged Debt Securities” or “Pledged Notes” all of the Pledged Debt Securities and Pledged Notes owned by any Grantor and all of such Pledged Debt Securities and Pledged Notes have been duly authorized, authenticated or issued, and delivered and is the legal, valid and binding obligation of the issuers thereof enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principals of equity, regardless of whether considered in a proceeding in equity or at law, and is not in default and constitutes all of the issued and outstanding inter-company indebtedness evidenced by an instrument or certificated security of the respective issuers thereof owing to such Grantor. Schedule 3.06(c) hereto (as such schedule may be amended from time to

 

12


time) sets forth under the headings “Securities Accounts,” “Commodities Accounts,” and “Deposit Accounts” respectively, all of the Securities Accounts, Commodities Accounts and Deposit Accounts in which each Grantor customarily maintains an interest in excess of $100,000. Each Grantor is the sole entitlement holder or customer of each such account, and no Grantor has consented to or is otherwise aware of any person having “control” (within the meanings of Sections 8-106, 9-106 and 9-104 of the New York UCC) over, or any other interest in, any such Securities Account, Commodity Account or Deposit Account, in each case in which such Grantor has an interest, or any securities, commodities or other property credited thereto.

(b) The shares of Pledged Equity Interests pledged by such Grantor hereunder constitute all of the issued and outstanding shares of all classes of Equity Interests in each Issuer owned by such Grantor or, in the case of Excluded Foreign Subsidiary Voting Stock, no more than 65% of the outstanding Excluded Foreign Subsidiary Voting Stock of each relevant Issuer.

(c) All the shares of the Pledged Equity Interests have been duly and validly issued and are fully paid and nonassessable.

(d) The terms of any uncertificated Pledged LLC Interests and Pledged Partnership Interests do not provide that they are securities governed by Article 8 of the Uniform Commercial Code in effect from time to time in the “issuer’s jurisdiction” of each Issuer thereof (as such term is defined in the Uniform Commercial Code in effect in such jurisdiction). There shall be no certificated Pledged LLC Interests or Pledged Partnership Interests which provide that they are securities governed by Article 8 of the Uniform Commercial Code in effect from time to time in the “issuer’s jurisdiction” of each Issuer thereof, unless all certificates relating thereto have been delivered to the Collateral Agent pursuant to the terms hereof.

(e) Such Grantor is the record and beneficial owner of, and has good and defeasible title to, the Investment Property and Deposit Accounts pledged by it hereunder, free of any and all Liens or options in favor of, or claims of, any other person, except Permitted Liens and other Liens expressly permitted by Section 8.01 of the Credit Agreement, and there are no outstanding warrants, options or other rights to purchase, or shareholder, voting trust or similar agreements outstanding with respect to, or property that is convertible into, or that requires the issuance or sale of, any Pledged Equity Interests.

3.07 Receivables. (a) None of the obligors on any Receivables that are included in the Collateral is a Governmental Authority.

(b) Each Receivable in excess of $100,000 that is included in the Collateral (i) to such Grantor’s knowledge, is and will be the legal, valid and binding obligation of the Account Debtor in respect thereof, representing an unsatisfied obligation of such Account Debtor, (ii) to such Grantor’s knowledge, is and will be enforceable in accordance with its terms, subject to the applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law, (iii) is not and will not be subject to any setoffs, defenses, taxes, counterclaims (except with respect to setoffs in accordance with the Credit Agreement, Permitted Liens and refunds, returns and allowances in the ordinary course of business with respect to damaged merchandise) and (iv) is and will be in compliance with all applicable material laws and regulations.

 

13


3.08 Intellectual Property. (a) Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time) lists all Intellectual Property which is, as of the Closing Date, registered with or issued by a Governmental Authority or is the subject of an application for registration or issuance, in each case which is owned by such Grantor in its own name, except as set forth on Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time), on the date hereof (collectively, the “Owned Intellectual Property”). As of the Closing Date, except as set forth in Schedule 3.08(a) (as such schedule may be amended or supplemented from time to time), such Grantor is the exclusive owner of the entire and unencumbered right, title and interest in and to all such Owned Intellectual Property and is otherwise so entitled to use, and grant to others the right to use, all such Owned Intellectual Property subject only to the license terms of the licensing or franchise agreements referred to in paragraph (c) below, Permitted Liens and other Liens expressly permitted by Section 8.01 of the Credit Agreement, except where the failure to be entitled would not reasonably be expected to have a Material Adverse Effect. To the Grantor’s knowledge, such Grantor has a valid and enforceable right to use all Intellectual Property which it uses in its business, but does not own (collectively, the “Licensed Intellectual Property”), except where the failure to have such rights would not reasonably be expected to have a Material Adverse Effect.

(b) Except as set forth in Schedule 3.08(b), to the knowledge of the Grantor as of the date hereof, all Owned Intellectual Property and all Licensed Intellectual Property, is subsisting, unexpired and has not been abandoned. To the Grantor’s knowledge, all Owned Intellectual Property and Licensed Intellectual Property is valid and enforceable, except for any items the invalidity or unenforceability of which would not have a Material Adverse Effect. To the Grantor’s knowledge, except as disclosed on Schedule 3.08(e), neither the operation of such Grantor’s business as currently conducted nor the use of Owned Intellectual Property or Licensed Intellectual Property in connection therewith infringes, misappropriates, dilutes or otherwise violates the Intellectual Property rights of any other person, except where such infringement, misappropriation, dilution, or violation would not reasonably be expected to have a Material Adverse Effect.

(c) Except as set forth in Schedule 3.08(c) (as such schedule may be amended or supplemented from time to time), on the date hereof none of the Intellectual Property owned by such Grantor is the subject of any licensing or franchise agreement pursuant to which such Grantor is the licensor or franchisor, other than industry standard licensing or franchising agreements entered into in the ordinary course of business.

(d) Except as set forth in Schedule 3.08(d) (as such schedule may be amended or supplemented from time to time), to such Grantor’s knowledge, no holding, decision or judgment has been rendered by any Governmental Authority or arbitrator in the United States or outside the United States which would limit or cancel the validity or enforceability of, or such Grantor’s rights in, any Owned Intellectual Property, except where the same would not reasonably be expected to have a Material Adverse Effect. Such Grantor is not aware of any uses of any item of Owned Intellectual Property that could reasonably be expected to lead to such item becoming invalid or unenforceable including unauthorized uses by third parties and

 

14


uses which were not supported by the goodwill of the business connected with the use of and symbolized by any Trademarks owned by a Grantor, except where the same would not reasonably be expected to have a Material Adverse Effect.

(e) Except as set forth in Schedule 3.08(e) (as such schedule may be amended or supplemented from time to time), no action or proceeding is pending, or, to such Grantor’s knowledge, threatened against any Grantor, on the date hereof (i) seeking to limit or cancel any Owned Intellectual Property or, to Grantor’s knowledge, Licensed Intellectual Property, other than in non-final office actions issued in the course of prosecution of applications for registration or issuance, except as would not reasonably be expected to have a Material Adverse Effect, (ii) alleging that any services provided by, processes used by, or products manufactured or sold by such Grantor infringe any Intellectual Property rights of any other person or (iii) alleging that any Owned Intellectual Property is being licensed, sublicensed or used in violation of any Intellectual Property right of any other person. To such Grantor’s knowledge, no person is engaging in any activity that materially infringes upon, misappropriates, dilutes or is otherwise an unauthorized use of, any Intellectual Property owned by such Grantor or the rights of such Grantor therein. The consummation of the transactions contemplated by this Agreement (including the enforcement of remedies in accordance with the terms hereof) will not result in the termination or impairment of any of the Intellectual Property owned or used by such Grantor.

(f) With respect to each Copyright License, Trademark License, Trade Secret License and Patent License, the loss of which could have a Material Adverse Effect: (i) such license is a valid and binding obligation of Grantor and, to Grantor’s knowledge, the other parties thereto, and is in full force and effect; (ii) such license will not cease to be valid and binding and in full force and effect on terms identical to those currently in effect as a result of the rights and interests granted herein, nor will the grant of such rights and interests constitute a breach or default under such license or otherwise give the licensor or licensee a right to terminate such license; (iii) such Grantor has not received any notice of termination or cancellation under such license; (iv) such Grantor has not received any notice of a breach or default under such license, which breach or default has not been cured; and (v) such Grantor is not in breach or default in any material respect, and no event has occurred that, with notice and/or lapse of time, would constitute such a breach or default or permit termination, modification or acceleration under such license.

(g) Except as set forth in Schedule 3.08(g) (as such schedule may be amended or supplemented from time to time), such Grantor has performed all acts and has paid all required fees and taxes to maintain each and every item of Owned Intellectual Property in full force and effect except for any such items of Owned Intellectual Property that such Grantor in its reasonable business judgment determines have no commercial value to the business of such Grantor.

(h) To the Grantor’s knowledge, (i) none of the Trade Secrets that constitutes Owned Intellectual Property has been misappropriated by any other person; (ii) no employee, independent contractor or agent of such Grantor has misappropriated any Trade Secrets of any other person in the course of the performance of his or her duties as an employee, independent contractor or agent of such Grantor; and (iii) no employee, independent contractor or agent of such Grantor is in default or breach of any term of any employment agreement, non-disclosure agreement, assignment of inventions agreement or similar agreement or contract relating in any way to the protection, ownership, development, use or transfer of such Grantor’s Intellectual Property.

 

15


(i) Except as set forth in Schedule 3.08(i) (as such schedule may be amended or supplemented from time to time), such Grantor has made all filings and recordations necessary to evidence its ownership interest in the Owned Intellectual Property which is the subject of a registration or application, and with the United States Patent and Trademark Office, the United States Copyright Office and in corresponding national and international patent, trademark and copyright offices, except where the failure to make such filings or recordations would not reasonably be expected to have a Material Adverse Effect.

(j) Such Grantor has taken all commercially reasonable steps to use consistent standards of quality in the manufacture, distribution and sale of all products sold and provision of all services provided under or in connection with any Trademarks used in the business of such Grantor and has taken reasonable steps to ensure that all its licensed users of its Trademarks use such consistent standards of quality.

3.09 Letters of Credit and Letter of Credit Rights. No Grantor is a beneficiary or assignee under any Letter of Credit other than the Letters of Credit described on Schedule 3.09 (as such schedule may be amended or supplemented from time to time). With respect to any Letters of Credit that are by their terms transferable, each Grantor has caused (or, in the case of the Letters of Credit that are specified on Schedule 3.09 on the date hereof, will use commercially reasonable efforts to cause) all issuers and nominated persons under Letters of Credit in which the Grantor is the beneficiary or assignee to consent to the assignment of such Letter of Credit to the Collateral Agent and has agreed that upon the occurrence of an Event of Default it shall cause all payments thereunder to be made to the Collateral Account. With respect to any Letters of Credit that are not transferable, each Grantor shall obtain (or, in the case of the Letters of Credit that are specified on Schedule 3.09 on the date hereof, use commercially reasonable efforts to obtain) the consent of the issuer thereof and any nominated person thereon to the assignment of the proceeds of the released Letter of Credit to the Collateral Agent in accordance with Section 5-114(c) of the New York UCC.

3.10 Commercial Tort Claims. No Grantor has any Commercial Tort Claims individually or in the aggregate in excess of $100,000, except as specifically described on Schedule 3.10 (as such schedule may be amended or supplemented from time to time).

3.11 Contracts.

(a) Each Material Contract is valid and binding on each Grantor and any of its Subsidiaries, as applicable, and in full force and effect, except where the failure to be valid, binding and in full force and effect, either individually or in the aggregate, would not have a Material Adverse Effect;

(b) Each Grantor and each of its Subsidiaries have in all material respects performed all obligations required to be performed by them to date under each Material Contract, except where such noncompliance, either individually or in the aggregate, would not have a Material Adverse Effect; and

 

16


(c) No Grantor nor any of its Subsidiaries has received written notice of, or otherwise has knowledge of, the existence of any event or condition which constitutes, or, after notice or lapse of time or both, will constitute, a material default on the part of such Grantor or any of its Subsidiaries under any such Material Contract, except where such default, either individually or in the aggregate, would not have a Material Adverse Effect.

SECTION 4. COVENANTS

Each Grantor covenants and agrees with the Secured Parties that, from and after the date of this Agreement until the Obligations (other than Obligations in respect of any Treasury Management Agreement or Letters of Credit) shall have been paid in full, each Letter of Credit shall have been cancelled or expired or been backstopped or Cash Collateralized, in each case, in amounts and pursuant to documentation in form and substance satisfactory to the Administrative Agent and the L/C Issuer, and all commitments to extend credit under the Credit Agreement shall have expired or been terminated:

4.01 Covenants in Credit Agreement. Each Grantor shall take, or shall refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused by the failure to take such action or to refrain from taking such action by such Grantor or any of its Subsidiaries.

4.02 Delivery and Control of Instruments, Chattel Paper, Negotiable Documents, Investment Property and Deposit Accounts. (a) If any of the Collateral which fair market value is in excess of $100,000 individually is or shall become evidenced or represented by any Instrument, Certificated Security, Negotiable Document or Tangible Chattel Paper, then such Instrument (other than checks received in the ordinary course of business), Certificated Security, Negotiable Documents or Tangible Chattel Paper shall be promptly delivered to the Collateral Agent, duly endorsed in a manner reasonably satisfactory to the Collateral Agent, to be held as Collateral pursuant to this Agreement, and all of such property owned by any Grantor as of the Closing Date shall be delivered on the Closing Date. Any Collateral not otherwise required to be delivered to the Collateral Agent in accordance with this subsection (a) shall be delivered to the Collateral Agent, at the request of the Collateral Agent, after an Event of Default has occurred and be continuing.

(b) If any of the Collateral is or shall become “Electronic Chattel Paper,” such Grantor shall ensure that (i) a single authoritative copy exists which is unique, identifiable, unalterable (except as provided in clauses (iii), (iv) and (v) of this paragraph), (ii) such authoritative copy identifies the Collateral Agent as the assignee and is communicated to and maintained by the Collateral Agent or its designee, (iii) copies or revisions that add or change the assignee of the authoritative copy can only be made with the participation of the Collateral Agent, (iv) each copy of the authoritative copy and any copy of a copy is readily identifiable as a copy and not the authoritative copy and (v) any revision of the authoritative copy is readily identifiable as an authorized or unauthorized revision.

 

17


(c) If any Collateral is or shall become evidenced or represented by an Uncertificated Security, such Grantor shall take commercially reasonable efforts to cause the Issuer thereof either (i) to register the Collateral Agent as the registered owner of such Uncertificated Security, upon original issue or registration of transfer or (ii) to agree in writing with such Grantor and the Collateral Agent that such Issuer will comply with instructions with respect to such Uncertificated Security originated by the Collateral Agent without further consent of such Grantor, such agreement to be in substantially the form of Exhibit A, and such actions shall be taken on or prior to the Closing Date with respect to any Uncertificated Securities owned as of the Closing Date by any Grantor.

(d) Each Grantor shall maintain Securities Entitlements, Securities Accounts and Deposit Accounts with values in excess of $100,000 in each individual account, or $500,000 in the aggregate, only with financial institutions that have agreed to comply with entitlement orders and instructions issued or originated by the Collateral Agent without further consent of such Grantor, such agreement to be substantially in the form of Exhibit A or B or such other form as shall be reasonably acceptable to the Collateral Agent.

(e) If any of the Collateral is or shall become evidenced or represented by a Commodity Contract, such Grantor shall cause the Commodity Intermediary with respect to such Commodity Contract to agree in writing 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 without further consent of such Grantor, such agreement shall be in a form reasonably acceptable to the Collateral Agent.

(f) In addition to and not in lieu of the foregoing, if any Issuer of any Investment Property is organized under the law of, or has its chief executive office in, a jurisdiction outside of the United States, each Grantor shall take such additional actions, including causing the issuer to register the pledge on its books and records, as may be necessary or advisable or as may be reasonably requested by the Collateral Agent, under the laws of such jurisdiction to insure the validity, perfection and priority of the security interest of the Collateral Agent.

(g) In the case of any transferable Letters of Credit Rights in excess of $10,000 individually or $100,000 in the aggregate, each Grantor shall use commercially reasonable efforts to obtain the consent of any issuer thereof to the transfer of such Letter of Credit Rights to the Collateral Agent. In the case of any other Letter of Credit Rights in excess of $10,000 individually or $100,000 in the aggregate each Grantor shall use commercially reasonable efforts to obtain the consent of the issuer thereof and any nominated person thereon to the assignment of the proceeds of the related Letter of Credit in accordance with Section 5-114(c) of the New York UCC.

4.03 Maintenance of Insurance. (a) Such Grantor will maintain, with reputable insurance companies, insurance on all its property (including all Inventory, Equipment and Vehicles) in at least such amounts and against at least such risks as are usually insured against by companies engaged in the same or a similar business; and furnish to the Collateral Agent with copies for each Secured Party, upon written request, full information as to the insurance carried; provided that in any event such Grantor will maintain, to the extent obtainable on commercially

 

18


reasonable terms, (i) property and casualty insurance on all real and personal property on an all risks basis (including the perils of flood and quake and loss by fire, explosion and theft), covering the repair or replacement cost of all such property and consequential loss coverage for business interruption and extra expense (which shall include construction expenses and such other business interruption expenses as are otherwise generally available to similar businesses), and (ii) public liability insurance. All such insurance with respect to such Grantor shall be provided by insurers or reinsurers which (x) in the case of United States insurers and reinsurers, have an A.M. Best policyholders rating of not less than A- with respect to primary insurance and B+ with respect to excess insurance and (y) in the case of non-United States insurers or reinsurers, the providers of at least 80% of such insurance have either an ISI policyholders rating of not less than A, an A.M. Best policyholders rating of not less than A- or a surplus of not less than $500,000,000 with respect to primary insurance, and an ISI policyholders rating of not less than BBB with respect to excess insurance, or, if the relevant insurance is not available from such insurers, such other insurers as the Collateral Agent may approve in writing. All insurance shall (i) provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent of written notice thereof, (ii) if reasonably requested by the Collateral Agent, include a breach of warranty clause and (iii) be reasonably satisfactory in all other respects to the Collateral Agent.

(b) Such Grantor will deliver to the Collateral Agent on behalf of the Secured Parties, (i) on the Closing Date, a certificate dated such date showing the amount and types of insurance coverage as of such date, (ii) promptly following receipt of notice from any insurer, a copy of any notice of cancellation or material change in coverage from that existing on the Closing Date, (iii) forthwith, notice of any cancellation or nonrenewal of coverage by such Grantor and (iv) promptly after such information is available to such Grantor, full information as to any claim for an amount in excess of $500,000 with respect to any property and casualty insurance policy maintained by such Grantor. Each Secured Party shall be named as additional insured on all such liability insurance policies of such Grantor and the Collateral Agent shall be named as loss payee on all property and casualty insurance policies of such Grantor.

(c) Upon the request of the Collateral Agent, the Borrower shall deliver to the Secured Parties a report of a reputable insurance broker with respect to such insurance and such supplemental reports with respect thereto as the Collateral Agent may from time to time reasonably request.

4.04 [Reserved].

4.05 Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain each of the security interests created by this Agreement as a perfected security interest having at least the priority described in Section 3.02 and shall defend such security interest against the claims and demands of all persons whomsoever, subject to the provisions of Section 7.15.

(b) Such Grantor shall furnish to the Secured Parties from time to time statements and schedules further identifying and describing the Collateral and such other reports in connection with the assets and property of such Grantor as the Collateral Agent may reasonably request, all in reasonable detail.

 

19


(c) At any time and from time to time, upon the written request of the Collateral Agent, and at the sole expense of such Grantor, such Grantor shall promptly and duly authorize, execute and deliver, and have recorded, such further instruments and documents and take such further actions as the Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted, including, the filing of 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 in the case of Investment Property, Deposit Accounts and any other relevant Collateral, taking any actions necessary to enable the Collateral Agent to obtain “control” (within the meaning of the applicable Uniform Commercial Code) with respect thereto, including without limitation, executing and delivering and causing the relevant depositary bank or securities intermediary to execute and deliver a Control Agreement in the form attached hereto as Exhibit B or such other form reasonably acceptable to the Collateral Agent.

4.06 Changes in Locations, Name, Jurisdiction of Incorporation, etc. Except upon 60 days’ written notice after such change (or such later time as agreed to by the Collateral Agent but in no event less than 15 days’ prior written notice), in each case, to the Collateral Agent and delivery to the Collateral Agent of duly authorized and, where required, executed copies of all additional financing statements and other documents reasonably requested by the Collateral Agent to maintain the validity, perfection and priority of the security interests provided for herein:

(a) change its legal name or jurisdiction of organization from that referred to in Section 3.03;

(b) change its identity or structure to such an extent that any financing statement filed by the Collateral Agent in connection with this Agreement would become misleading; or

(c) change its address to such an extent that any financing statement filed by the Collateral Agent in connection with this Agreement would become incorrect.

4.07 Notices. Such Grantor shall advise the Collateral Agent promptly, in reasonable detail, of:

(a) any Lien (other than any Lien expressly permitted by Section 5.02 of the Credit Agreement) on any of the Collateral; and

(b) of the occurrence of any other event which could reasonably be expected to have a Material Adverse Effect on the aggregate value of the Collateral or on the security interests created hereby.

4.08 Investment Property. (a) If such Grantor shall become entitled to receive or shall receive any stock or other ownership certificate (including any certificate representing a stock 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 Equity Interests in any Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of or other ownership interests in the Pledged Securities, or

 

20


otherwise in respect thereof, such Grantor shall accept the same as the agent of the Secured Parties, hold the same in trust for the Secured Parties and deliver the same forthwith to the Collateral Agent in the exact form received, duly endorsed by such Grantor to the Collateral Agent, if required, together with an undated stock power or similar instrument of transfer covering such certificate duly executed in blank by such Grantor and with, if the Collateral Agent so requests, signature guaranteed, to be held by the Collateral Agent, subject to the terms hereof, as additional collateral security for the Obligations. If an Event of Default has occurred and is continuing, any sums paid upon or in respect of the Pledged Securities 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 Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged Securities or any property shall be distributed upon or with respect to the Pledged Securities 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 Obligations. If an Event of Default has occurred and is continuing, if any sums of money or property so paid or distributed in respect of the Pledged Securities shall be received by such Grantor, such Grantor shall, until such money or property is paid or delivered to the Collateral Agent, hold such money or property in trust for the Secured Parties, segregated from other funds of such Grantor, as additional collateral security for the Obligations.

(b) Without the prior written consent of the Collateral Agent, such Grantor shall not (i) vote to enable, or take any other action to permit, any Issuer to issue any stock, partnership interests, limited liability company interests or other equity securities of any nature or to issue any other securities convertible into or granting the right to purchase or exchange for any stock, partnership interests, limited liability company interests or other equity securities of any nature of any Issuer (except, in each case, pursuant to a transaction expressly permitted by the Credit Agreement), (ii) sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, any of the Investment Property or Proceeds thereof or any interest therein (except, in each case, pursuant to a transaction expressly permitted by the Credit Agreement), (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 any Lien expressly permitted thereon pursuant to Section 8.01 of the Credit Agreement, (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 or any interest therein or (v) without the prior written consent of the Collateral Agent, cause or permit any Issuer of any Pledged Partnership Interests or Pledged LLC Interests which are not securities (for purposes of the New York UCC) on the date hereof to elect or otherwise take any action to cause such Pledged Partnership Interests or Pledged LLC Interests to be treated as securities for purposes of the New York UCC; provided, however, notwithstanding the foregoing, if any issuer of any Pledged Partnership Interests or Pledged LLC Interests takes any such action in violation of the provisions in this clause (v), such Grantor shall promptly notify the Collateral Agent in writing of any such election or action and, in such event, shall take all steps necessary or advisable to establish the Collateral Agent’s “control” thereof.

 

21


(c) In the case of each Grantor which is an Issuer, such Issuer agrees that (i) it shall be bound by the terms of this Agreement relating to the Pledged Securities issued by it and shall comply with such terms insofar as such terms are applicable to it, (ii) it shall notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Section 4.08(a) with respect to the Pledged Securities issued by it and (iii) the terms of Sections 5.03(c) and 5.07 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Section 5.03(c) or 5.07 with respect to the Pledged Securities issued by it. In addition, each Grantor which is either an Issuer or an owner of any Pledged Security hereby consents to the grant by each other Grantor of the security interest hereunder in favor of the Collateral Agent and to the transfer of any Pledged Security to the Collateral Agent or its nominee following an Event of Default and to the substitution of the Collateral Agent or its nominee as a partner, member or shareholder of the Issuer of the related Pledged Security.

4.09 Receivables. (a) Other than in a manner consistent with its past practice, such Grantor shall not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

(b) Such Grantor shall deliver to the Collateral Agent a copy of each material demand, notice or document received by it that questions or calls into doubt the validity or enforceability of more than 5% of the aggregate amount of the then outstanding Receivables that are included in the Collateral.

(c) Each Grantor shall perform and comply in all material respects with all of its obligations with respect to the Receivables.

4.10 Intellectual Property. (a) Such Grantor (either itself or through licensees) shall (i) continue to use each Trademark included in the Owned Intellectual Property on each and every trademark class of goods applicable to its current line as reflected in its current catalogs, brochures and price lists in order to maintain such Trademark in full force free from any claim of abandonment for non-use, unless Grantor makes a good faith business decision to discontinue such line, change the name of such goods or services, or such abandonment is permitted by Section 4.10(h), (ii) take reasonable steps to maintain as in the past the quality of products and services offered under any of its Trademarks and take all reasonable steps to ensure that all its licensed users of such Trademarks maintain such quality, (iii) not adopt or use any mark which is confusingly similar or a colorable imitation of a Trademark included in the Owned Intellectual Property unless the Collateral Agent, for the ratable benefit of the Secured Parties, shall obtain a perfected security interest in such mark pursuant to this Agreement and the Trademark Security Agreement, and (iv) not (and not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby a Trademark owned by such Grantor may become invalidated or impaired in any way, but subject to Grantor’s rights to discontinue or abandon its rights under Section 4.10(h).

 

22


(b) Such Grantor (either itself or through licensees) shall not do any act, or omit to do any act, whereby any Patent owned by such Grantor may become forfeited, abandoned or dedicated to the public, except as permitted under Section 4.10(h).

(c) Such Grantor shall not (and shall not knowingly permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby any Copyrights included in the Owned Intellectual Property may become invalidated. Such Grantor shall not (either itself or through licensees) do any act whereby any Copyrights owned by such Grantor may fall into the public domain, except as permitted under Section 4.10(h).

(d) Such Grantor shall not knowingly infringe, misappropriate or violate the Intellectual Property rights of any other person in any material respect.

(e) Such Grantor shall, and shall take reasonable steps to require its licensees, to use Intellectual Property included in the Owned Intellectual Property with the applicable statutory notices provided for under applicable law and all other notices and legends required by applicable Requirements of Law, consistent with industry practices.

(f) Such Grantor shall notify the Collateral Agent promptly if it knows, that any application or registration relating to any Owned Intellectual Property may become forfeited, abandoned or dedicated to the public, or of any adverse determination or development in any proceeding (including 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 any country except for non-final office actions issued in the course of prosecution of applications for registration) regarding such Grantor’s ownership of, or the validity of, any Owned Intellectual Property or such Grantor’s right to register the same or to own and maintain the same, except to the extent that Grantor is abandoning such Owned Intellectual Property as permitted under Section 4.10(h).

(g) In the event that such Grantor, either by itself or through any agent, employee, licensee or designee, shall file with the United States Copyright Office or any similar office or agency in any other country or any political subdivision thereof an application for the registration of any Copyrights, such Grantor shall report such filing of such application, to the Collateral Agent within 30 days after the end of each fiscal quarter during which such filing occurred, or, if the fair market value of such applications (which have not previously been reported to the Collateral Agent) exceeds $100,000 in the aggregate, such reporting obligations shall be accelerated and Grantor shall report such filing within 15 Business Days Upon request of the Collateral Agent, such Grantor shall execute and deliver, to the Collateral Agent, a Copyright Security Agreement in the form set forth in Exhibit D or with respect to Copyright applications filed under the laws of a jurisdiction outside the United States, any and all agreements, instruments, documents, and papers as the Collateral Agent may reasonably request to evidence the Secured Parties’ security interest in any application for registration of any such Copyrights and general intangibles of such Grantor relating thereto or represented thereby.

(h) Such Grantor (either itself or through licensees) shall not, without the prior written consent of the Collateral Agent, discontinue use of or otherwise abandon any of its Owned Intellectual Property, or abandon any application or any right to file an application for

 

23


letters patent, trademark, or copyright, unless in such Grantor’s reasonable business judgment such use or the pursuit or maintenance of such Owned Intellectual Property is no longer desirable in the conduct of such Grantor’s business and that the loss thereof could not reasonably be expected to have a Material Adverse Effect.

(i) In the event that any Intellectual Property owned by such Grantor is infringed, misappropriated or diluted by a third party in any material respect, such Grantor shall take such actions as such Grantor shall reasonably deem appropriate under the circumstances to protect and enforce such Intellectual Property.

(j) Such Grantor agrees that, should it obtain an ownership interest in any item of Intellectual Property which is not, as of the Closing Date, a part of the Intellectual Property Collateral (the “After-Acquired Intellectual Property”), (i) the provisions of Section 3 shall automatically apply thereto and (ii) any such After-Acquired Intellectual Property, and in the case of Trademarks, the goodwill of the business connected therewith or symbolized thereby, shall automatically become part of the Intellectual Property Collateral.

(k) Such Grantor agrees to execute upon Closing, a Trademark Security Agreement, in substantially the form of Exhibit C, and a Copyright Security Agreement, in substantially the form of Exhibit D, a Patent Security Agreement, in substantially the form of Exhibit E, in order to record the security interest granted herein to the Collateral Agent for the ratable benefit of the Secured Parties with the United States Patent and Trademark Office, the United States Copyright Office, and any other applicable Governmental Authority.

(l) Such Grantor shall take all steps it deems in its reasonable business judgment to be necessary to protect the secrecy of all Trade Secrets owned by such Grantor and material to its business, including advising employees of the confidentiality of company proprietary information and labeling and restricting access to secret information and documents, consistent with past practice.

4.11 Contracts. (a) Such Grantor shall perform and comply in all material respects with all its obligations under the Contracts.

(b) Such Grantor shall not amend, modify, terminate, waive or fail to enforce any provision of any Contract in any manner which could reasonably be expected to materially adversely affect the value of the Collateral or otherwise have a Material Adverse Effect.

(c) After the date hereof, such Grantor shall not permit to become effective in any document creating, governing or providing for any permit, lease, license or Material Contract, a provision that would prohibit the creation or perfection of, or exercise of remedies in connection with, a Lien on such permit, lease, license or Material Contract in favor of the of the Collateral Agent for the ratable benefit of the Secured Parties unless such Grantor believes, in its reasonable judgment, that such prohibition is usual and customary in transactions of such type.

4.12 Commercial Tort Claims. Such Grantor shall advise the Collateral Agent promptly of any Commercial Tort Claim held by such Grantor individually or in the aggregate in excess of $100,000 and shall promptly execute a supplement to this Agreement in form and substance reasonably satisfactory to the Collateral Agent to grant a security interest in such Commercial Tort Claim to the Collateral Agent for the ratable benefit of the Secured Parties.

 

24


SECTION 5. REMEDIAL PROVISIONS

5.01 Certain Matters Relating to Receivables. (a) 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 exact form received, duly endorsed 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 5.05, and (ii) until so turned over, shall be held by such Grantor in trust for 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.

(b) If an Event of Default has occurred and is continuing, at the Collateral Agent’s request, each Grantor shall deliver to the Collateral Agent all original and other documents evidencing, and relating to, the agreements and transactions which gave rise to the Receivables that are included in the Collateral, including all original orders, invoices and shipping receipts.

5.02 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 Contracts to verify with them to the Collateral Agent’s satisfaction the existence, amount and terms of any Receivables or Contracts.

(b) The Collateral Agent may at any time after the occurrence and continuance of an Event of Default notify, or require any Grantor to so notify, the Account Debtor or counterparty on any Receivable or Contract of the security interest of the Collateral Agent therein. In addition, after the occurrence and during the continuance of an Event of Default, the Collateral Agent may upon written notice to the applicable Grantor, notify, or require any Grantor to notify, the Account Debtor or counterparty to make all payments under the Receivables and/or Contracts directly to the Collateral Agent.

(c) Anything herein to the contrary notwithstanding, each Grantor shall remain liable under each of the Receivables and Contracts to observe and perform 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. No Secured Party shall have any obligation or liability under any Receivable (or any agreement giving rise thereto) or Contract by reason of or arising out of this Agreement or the receipt by any Secured Party of any payment relating thereto, nor shall 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 Contract, to make any payment, to make any inquiry as to the nature or the sufficiency of any

 

25


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.

5.03 Pledged Securities. (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 5.03(b), each Grantor shall be permitted to receive all cash dividends paid in respect of the Pledged Equity Interests and all payments made in respect of the Pledged Notes, in each case paid in the normal course of business of the relevant Issuer and consistent with past practice, to the extent permitted in the Credit Agreement, and to exercise all voting and corporate rights with respect to the Pledged Securities; provided, however, that no vote shall be cast or corporate or other ownership right exercised or other action taken which, in the Collateral Agent’s reasonable judgment, would impair the Collateral or which would be inconsistent with or result in any violation of any provision of the Credit Agreement, this Agreement or any other Loan Document.

(b) If an Event of Default shall occur and be continuing: (i) all rights of each Grantor to exercise or refrain from exercising the voting and other consensual rights which it would otherwise be entitled to exercise pursuant hereto shall cease and all such rights shall thereupon become vested in the Collateral Agent who shall thereupon have the sole right, but shall be under no obligation, to exercise or refrain from exercising such voting and other consensual rights and (ii) the Collateral Agent shall have the right, without notice to any Grantor, to transfer all or any portion of the Investment Property to its name or the name of its nominee or agent. In addition, the Collateral Agent shall have the right at any time, without notice to any Grantor, to exchange any certificates or instruments representing any Investment Property for certificates or instruments of smaller or larger denominations. If an Event of Default has occurred and is continuing, in order to permit the Collateral Agent to exercise the voting and other consensual rights which it may be entitled to exercise pursuant hereto and to receive all dividends and other distributions which it may be entitled to receive hereunder each Grantor shall promptly execute and deliver (or cause to be executed and delivered) to the Collateral Agent all proxies, dividend payment orders and other instruments as the Collateral Agent may from time to time reasonably request and each Grantor acknowledges that the Collateral Agent may utilize the power of attorney set forth herein.

(c) Each Grantor hereby authorizes and instructs each Issuer of any Pledged Securities 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) upon any such instruction following the occurrence and during the continuance of an Event of Default, pay any dividends or other payments with respect to the Investment Property, including Pledged Securities, directly to the Collateral Agent.

5.04 Proceeds to be Turned Over To Collateral Agent. In addition to the rights of the Secured Parties specified in Section 5.01 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, at the request of the Collateral Agent, all

 

26


Proceeds received by any Grantor consisting of cash, cash equivalents, checks and other near-cash items shall be held by such Grantor in trust for 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 exact form received by such Grantor (duly endorsed by such Grantor to the Collateral Agent, if required). All Proceeds received by the Collateral Agent hereunder 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 Secured Parties) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 5.05.

5.05 Application of Proceeds. At such intervals as may be agreed upon by the Borrower and the Collateral Agent, or, if an Event of Default shall have occurred and be continuing, at any time at the Collateral Agent’s election, the Collateral Agent may apply all or any part of the net Proceeds (after deducting fees and expenses as provided in Section 5.06) constituting Collateral realized through the exercise by the Collateral Agent of its remedies hereunder, whether or not held in any Collateral Account in payment of the Obligations in accordance with Section 9.03 of the Credit Agreement.

5.06 Code and Other Remedies. (a) 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 Obligations, all rights and remedies of a secured party under the New York UCC (whether or not the New York UCC applies to the affected Collateral) or its rights under any other applicable law or in equity. 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 forthwith sell, lease, license, 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 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. Each 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 purchaser at any such sale shall hold the property sold absolutely free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent permitted by applicable law) all rights of redemption, stay and/or appraisal which it now has or may at any time in the future have under any rule of law or statute now existing or hereafter enacted. Each Grantor agrees that, to the extent notice of sale shall be required by law, at least ten days notice to such Grantor of the time and place of any public sale or the time after which any private sale is to be made may constitute reasonable notification. The Collateral Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Collateral Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such

 

27


sale may, without further notice, be made at the time and place to which it was so adjourned. The Collateral Agent may sell the Collateral without giving any warranties as to the Collateral. The Collateral Agent may specifically disclaim or modify any warranties of title or the like. This procedure will not be considered to adversely effect the commercial reasonableness of any sale of the Collateral. Each Grantor agrees that it would not be commercially unreasonable for the Collateral Agent to dispose of the Collateral or any portion thereof by using Internet sites that provide for the auction of assets of the types included in the Collateral or that have the reasonable capability of doing so, or that match buyers and sellers of assets. Each Grantor hereby waives any claims against the Collateral Agent arising by reason of the fact that the price at which any Collateral may have been sold at such a private sale was less than the price which might have been obtained at a public sale, even if the Collateral Agent accepts the first offer received and does not offer such Collateral to more than one offeree. Each Grantor further agrees, at the Collateral Agent’s reasonable 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 have the right to enter onto the property where any Collateral is located and take possession thereof with or without judicial process.

(b) The Collateral Agent shall apply the net proceeds of any action taken by it pursuant to this Section 5.06, 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 Secured Parties hereunder, including reasonable attorneys’ fees and disbursements, to the payment in whole or in part of the Obligations and only after such application and after the payment by the Collateral Agent of any other amount required by any provision of law, including Section 9-615(a) of the New York UCC, need the Collateral Agent account for the surplus, if any, to any Grantor. If the Collateral Agent sells any of the Collateral upon credit, the Grantor will be credited only with payments actually made by the purchaser and received by the Collateral Agent and applied to indebtedness of the purchaser. In the event the purchaser fails to pay for the Collateral, the Collateral Agent may resell the Collateral and the Grantor shall be credited with proceeds of the sale. To the extent permitted by applicable law, each Grantor waives all claims, damages and demands it may acquire against any Secured Party arising out of the exercise by them of any rights hereunder.

(c) In the event of any disposition of any of the Trademarks, the goodwill of the business connected with and symbolized by any Trademarks subject to such Disposition shall be included, and with respect to any Intellectual Property Collateral, the applicable Grantor shall supply the Collateral Agent or its designee with such Grantor’s know-how and expertise, and with records, documents and things embodying the same, relating to the manufacture, distribution, advertising and sale of products or the provision of services relating to such Intellectual Property Collateral subject to such disposition, and such Grantor’s customer lists pertaining thereto, subject to appropriate confidentiality undertakings on the part of any person receiving such proprietary information.

(d) The Collateral Agent shall have no obligation to marshal any of the Collateral.

 

28


5.07 Registration Rights. (a) If the Collateral Agent shall determine to exercise its right to sell any or all of the Pledged Equity Interests or the Pledged Debt Securities pursuant to Section 5.06, and if in the opinion of the Collateral Agent it is necessary or advisable to have the Pledged Equity Interests or the Pledged Debt Securities, or that portion thereof to be sold, registered under the provisions of the Securities Act, the relevant Grantor shall 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 Equity Interests or the Pledged Debt Securities, or that portion thereof to be sold, under the provisions of the Securities Act, (ii) use commercially reasonable 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 Equity Interests or the Pledged Debt Securities, 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 reasonably necessary or advisable, all in conformity with the requirements of the Securities Act and the rules and regulations of the SEC applicable thereto. Each Grantor agrees to use commercially reasonable efforts 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 effect a public sale of any or all the Pledged Equity Interests or the Pledged Debt Securities, by reason of certain prohibitions contained in the Securities Act and applicable state securities laws or otherwise, and may be compelled to resort to one or more private sales thereof to a restricted group of purchasers which will be obliged to agree, among other things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof. Each Grantor acknowledges and agrees that any such private sale may result in prices and other terms less favorable than if such sale were a public sale and, notwithstanding such circumstances, agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner. The Collateral Agent shall be under no obligation to delay a sale of any of the Pledged Equity Interests or the Pledged Debt Securities for the period of time necessary to permit the Issuer thereof to register such securities for public sale under the Securities Act, or under applicable state securities laws, even if such Issuer would agree to do so.

(c) Each Grantor agrees to use its commercially reasonable 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 Equity Interests or the Pledged Debt Securities pursuant to this Section 5.07 valid and binding and in compliance with any and all other applicable Law. Each Grantor further agrees that a breach of any of the covenants contained in this Section 5.07 will cause irreparable injury to the Secured Parties, that 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 5.07 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 and is continuing under the Credit Agreement or a defense of payment.

 

29


5.08 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 Obligations and the fees and disbursements of any attorneys employed by any Secured Party to collect such deficiency.

SECTION 6. THE COLLATERAL AGENT

6.01 Collateral Agent’s Appointment as Attorney-in-Fact, etc. (a) The Collateral Agent has been appointed to act as Collateral Agent hereunder by Lenders and, by their acceptance of the benefits hereof, the other Secured Parties. The Collateral Agent shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that the Collateral Agent shall, after payment in full of all Obligations under the Credit Agreement (other than indemnities and other contingent Obligations not yet due and payable hereunder), exercise, or refrain from exercising, any remedies provided for herein in accordance with the instructions of the holders (the “Majority Holders”) of a majority of the aggregate termination value (exclusive of expenses and similar payments but including any early termination payments due upon termination) under such Secured Hedge Agreements. In furtherance of the foregoing provisions of this Section, each Secured Party, by its acceptance of the benefits hereof, agrees that it shall have no right individually to realize upon any of the Collateral hereunder, it being understood and agreed by such Secured Party that all rights and remedies hereunder may be exercised solely by the Collateral Agent for the benefit of the Secured Parties in accordance with the terms of this Section. Subject to the appointment and acceptance of a successor Collateral Agent as provided in this paragraph, the Collateral Agent may resign at any time by notifying the Lenders (or, after payment in full of all Obligations under the Credit Agreement, the Majority Holders) and the Grantors. Upon any such resignation, the Required Lenders (or, after payment in full of all Obligations other than indemnities and other contingent Obligations not yet due and payable under the Credit Agreement, the Majority Holders) shall have the right, with the consent (not to be unreasonably withheld or delayed) of the Borrower, to appoint a successor; provided that during the existence and continuance of an Event of Default no such consent of the Borrower shall be required. If no successor shall have been so appointed by the Required Lenders or the Majority Holders, as the case may be, and shall have accepted such appointment within 30 days after the retiring Collateral Agent gives notice of its resignation, then the retiring Collateral Agent may, on behalf of the Lenders, appoint a successor Collateral Agent which shall be a bank with an office in New York, New York, or an Affiliate of any such bank. Upon the acceptance of its appointment as Collateral Agent hereunder by a successor, such successor shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring Collateral Agent, and the retiring Collateral Agent shall promptly (i) transfer to such successor Collateral Agent all sums, Securities and other items of Collateral held hereunder, together with all records and other documents necessary or appropriate in connection with the performance of the duties of the successor Collateral Agent under this Agreement, and (ii) execute and deliver to such successor Collateral Agent or otherwise authorize the filing of such amendments to financings statements, and take such other actions, as may be necessary or appropriate in connection with the assignment to such successor Collateral Agent of the security interests created hereunder, whereupon such retiring Collateral Agent shall be discharged from its duties and obligations

 

30


hereunder. After any Collateral Agent’s resignation hereunder, the provisions of this Agreement shall continue in effect for the benefit of such retiring Collateral Agent in respect of any actions taken or omitted to be taken by any of them while acting as Collateral Agent.

(b) 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, such appointment being coupled with an interest, 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 endorse and collect any checks, drafts, notes, acceptances or other instruments for the payment of moneys due under any Receivable or 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 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 the Collateral Agent may request to evidence the Secured Parties’ 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 5.07 or 5.08, any endorsements, 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 endorse 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

 

31


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) assign any Copyright, Patent or Trademark (along with the goodwill of the business to which any such Trademark pertains), throughout the world for such term or terms, on such conditions, and in such manner, as the Collateral Agent shall in its sole discretion determine; and (8) generally, 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 Secured Parties’ security interests therein and to effect the intent of this Agreement, all as fully and effectively as such Grantor might do.

Anything in this Section 6.01(a) to the contrary notwithstanding, the Collateral Agent agrees that, except as provided in Section 6.01(b), it will not exercise any rights under the power of attorney provided for in this Section 6.01(a) unless an Event of Default shall have occurred and be continuing.

(c) If an Event of Default has occurred and is continuing, if any Grantor fails to perform or comply with any of its agreements contained herein, the Collateral Agent, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement; provided, however, that the Collateral Agent shall not exercise this power without first making demand on the Grantor and the Grantor failing to immediately comply therewith.

(d) The expenses of the Collateral Agent incurred in connection with actions undertaken as provided in this Section 6.01 shall be payable by such Grantor to the Collateral Agent on demand.

(e) 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.

6.02 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, nor any other Secured Party nor any of their respective officers, directors, partners, employees, agents, attorneys and other advisors, attorneys-in-fact or affiliates 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 conferred on the Secured Parties hereunder are solely to protect the Secured Parties’ interests in the Collateral and shall not impose any duty upon any

 

32


Secured Party to exercise any such powers. 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, partners, employees, agents, attorneys and other advisors, attorneys-in-fact or affiliates shall be responsible to any Grantor for any act or failure to act hereunder, except to the extent that any such act or failure to act is found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from their own gross negligence or willful misconduct in breach of a duty owed to such Grantor.

6.03 Filing of Financing Statements. Each Grantor acknowledges that pursuant to Section 9-509(b) of the New York UCC and any other applicable law, each Grantor authorizes the Collateral Agent to file or record financing or continuation statements, and amendments thereto, 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 the Collateral Agent reasonably determines appropriate to perfect or maintain the perfection of the security interests of the Collateral Agent under this Agreement. Each Grantor agrees that such financing statements may describe the collateral in the same manner as described in the Security documents or as “all assets” or “all personal property,” whether now owned or hereafter existing or acquired or such other description as the Collateral Agent, in its sole judgment, determines is necessary or advisable. A photographic or other reproduction of this Agreement shall be sufficient as a financing statement or other filing or recording document or instrument for filing or recording in any jurisdiction.

6.04 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 other Secured Parties, be governed by the Credit Agreement 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 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.

6.05 Appointment of Co-Collateral Agents. At any time or from time to time, in order to comply with any applicable requirement of law, the Collateral Agent may appoint another bank or trust company or one of more other persons, either to act as co-agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in the instrument of appointment (which may, in the discretion of the Collateral Agent, include provisions for indemnification and similar protections of such co-agent or separate agent).

SECTION 7. MISCELLANEOUS

7.01 Amendments in Writing. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by each affected Grantor and the Collateral Agent, subject to any consents required under Section 11.01 of the Credit Agreement; provided that any provision of this Agreement imposing obligations on any Grantor may be waived by the Collateral Agent in a written instrument executed by the Collateral Agent.

 

33


7.02 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 11.02 of the Credit Agreement.

7.03 No Waiver by Course of Conduct; Cumulative Remedies. No Secured Party shall by any act (except by a written instrument pursuant to Section 7.01), delay, indulgence, 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 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 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 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.

7.04 Enforcement Expenses; Indemnification. (a) The parties hereto agree that the Collateral Agent and the other Secured Parties shall be entitled to reimbursement of their expenses incurred hereunder as provided in Section 11.04 of the Credit Agreement.

(b) Each Grantor agrees to pay, and to hold the Collateral Agent and each other Secured Party 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, or resulting from any delay in paying, any and all stamp, excise, sales or other taxes which may be payable or determined to be payable with respect to any of the Collateral or in connection with any of the transactions contemplated by this Agreement, except Other Taxes covered in Section 3.01 of the Credit Agreement.

(c) Each Grantor agrees to pay, and to hold the Collateral Agent and each other Secured Party 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 extent the Borrower would be required to do so pursuant to Section 11.04 of the Credit Agreement.

(d) The agreements in this Section shall survive repayment of the Obligations and all other amounts payable under the Credit Agreement and the other Loan Documents.

7.05 Successors and Assigns. This Agreement shall be binding upon the successors and assigns of each Grantor and shall inure to the benefit of 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, and any attempted assignment without such consent shall be null and void.

 

34


7.06 Set-Off. Each Grantor hereby irrevocably authorizes each Secured Party at any time and from time to time, while an Event of Default shall have occurred and be continuing, with notice to such Grantor or any other Grantor, to set-off and appropriate and apply any and all deposits (general or special, time or demand, provisional or final), in any currency, and any other credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by such Secured Party to or for the credit or the account of such Grantor, or any part thereof in such amounts as such Secured Party may elect, against and on account of the obligations and liabilities of such Grantor to such Secured Party hereunder and claims of every nature and description of such Secured Party against such Grantor, in any currency, whether arising hereunder, under the Credit Agreement, any other Loan Document or otherwise, as such Secured Party may elect, whether or not any Secured Party has made any demand for payment and although such obligations, liabilities and claims may be contingent or unmatured. Each Secured Party shall notify such Grantor promptly of any such set-off and the application made by such Secured Party of the proceeds thereof, provided that the failure to give such notice shall not affect the validity of such set-off and application. The rights of each Secured Party under this Section are in addition to other rights and remedies (including other rights of set-off) which such Secured Party may have.

7.07 Counterparts. This Agreement may be executed by one or more of the parties to this Agreement on any number of separate counterparts (including by facsimile and electronic PDF delivery), and all of said counterparts taken together shall be deemed to constitute one and the same instrument.

7.08 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.

7.09 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.

7.10 Integration. This Agreement and the other Loan Documents represent the agreement of the Grantors, the Collateral Agent and the other Secured Parties with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties by any Secured Party relative to subject matter hereof and thereof not expressly set forth or referred to herein or in the other Loan Documents.

7.11 APPLICABLE LAW. THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

7.12 Submission to Jurisdiction; Waivers. (a) ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK

 

35


SITTING IN NEW YORK CITY OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF SUCH STATE, AND BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH PARTY HERETO CONSENTS, FOR ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION OF THOSE COURTS. EACH PARTY HERETO IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH JURISDICTION IN RESPECT OF ANY LOAN DOCUMENT OR OTHER DOCUMENT RELATED THERETO. EACH PARTY HERETO WAIVES PERSONAL SERVICE OF ANY SUMMONS, COMPLAINT OR OTHER PROCESS, WHICH MAY BE MADE BY ANY OTHER MEANS PERMITTED BY THE LAW OF SUCH STATE.

(b) EACH GRANTOR HEREBY IRREVOCABLY DESIGNATES, APPOINTS AND EMPOWERS US CORPORATION SYSTEMS WITH OFFICES ON THE DATE HEREOF IN NEW YORK, NEW YORK (OR SUCH OTHER AGENT TO RECEIVE SERVICE OF PROCESS IN NEW YORK, NEW YORK AS IS REASONABLY ACCEPTABLE TO THE ADMINISTRATIVE AGENT), AS ITS DESIGNEE, APPOINTEE AND AGENT TO RECEIVE, ACCEPT AND ACKNOWLEDGE FOR AND ON ITS BEHALF, AND IN RESPECT OF ITS PROPERTY, SERVICE OF ANY AND ALL LEGAL PROCESS, SUMMONS, NOTICES AND DOCUMENTS WHICH MAY BE SERVED IN ANY SUCH ACTION OR PROCEEDING. IF FOR ANY REASON SUCH DESIGNEE, APPOINTEE, AND AGENT SHALL CEASE TO BE AVAILABLE TO ACT AS SUCH, EACH GRANTOR AGREES TO DESIGNATE A NEW DESIGNEE, APPOINTEE AND AGENT IN NEW YORK ON THE TERMS AND FOR THE PURPOSES OF THIS PROVISION SATISFACTORY TO THE COLLATERAL AGENT UNDER THIS AGREEMENT. EACH GRANTOR FURTHER IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OUT OF ANY OF THE AFOREMENTIONED COURTS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO SUCH GRANTOR AT ITS ADDRESS SET FORTH ON SCHEDULE 11.02 OF THE CREDIT AGREEMENT OR SCHEDULE 7.02 HERETO, SUCH SERVICE TO BECOME EFFECTIVE 10 DAYS AFTER SUCH MAILING. NOTHING HEREIN SHALL AFFECT THE RIGHT OF THE COLLATERAL AGENT UNDER THIS AGREEMENT, ANY LENDER OR THE HOLDER OF ANY NOTE TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO COMMENCE LEGAL PROCEEDINGS OR OTHERWISE PROCEED AGAINST THE BORROWER IN ANY OTHER JURISDICTION.

7.13 Acknowledgments. Each Grantor hereby acknowledges that:

(a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents to which it is a party;

(b) no Secured Party has any fiduciary relationship with or duty to any Grantor arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Grantors, on the one hand, and the Secured Parties, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and

 

36


(c) no joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby among the Secured Parties or among the Grantors and the Secured Parties.

7.14 Additional Grantors. Each Subsidiary of the Borrower that is required to become a party to this Agreement pursuant to Section 7.12 of the Credit Agreement shall become a Grantor for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in the form of Annex 1 hereto.

7.15 Releases. (a) At such time as the Loans and the other Obligations (other than Obligations in respect of any Treasury Management Agreement or Letters of Credit) shall have been paid in full, each Letter of Credit shall have been cancelled or expired or been backstopped or Cash Collateralized, in each case, in amounts and pursuant to documentation in form and substance satisfactory to the Administrative Agent and the L/C Issuer, the commitments under the Credit Agreement have been terminated or expired and all Secured Hedge Agreements shall have been terminated, the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Collateral Agent and each Grantor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the Grantors. At the request and sole expense of any Grantor following any such termination, the Collateral Agent shall deliver to such Grantor any Collateral held by the Collateral Agent hereunder, and execute and deliver to such Grantor such documents as such Grantor shall reasonably request to evidence such termination.

(b) If any of the Collateral shall be sold or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Collateral Agent, at the request and sole expense of such Grantor, shall execute and deliver to such Grantor all releases or other documents reasonably necessary or desirable for the release of the Liens created hereby on such Collateral. At the request and sole expense of the Borrower, a Guarantor (other than Holdings) shall be released from its obligations hereunder in the event that all the Equity Interests in such Guarantor shall be sold or otherwise disposed of in a transaction permitted by the Credit Agreement; provided that the Borrower shall have delivered to the Collateral Agent, at least ten Business Days prior to the date of the proposed release, a written request for such release identifying the relevant Guarantor and the terms of the relevant sale or other disposition in reasonable detail, including the price thereof and any expenses incurred in connection therewith, together with a certification by the Borrower stating that such transaction is in compliance with the Credit Agreement and the other Loan Documents.

(c) Each Grantor acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement originally filed in connection herewith without the prior written consent of the Collateral Agent, subject to such Grantor’s rights under Section 9-509(d)(2) of the New York UCC.

(d) Notwithstanding any of the foregoing, any release of Collateral or Guarantors effected in the manner permitted by the Credit Agreement or any other Loan Document at any time that the Credit Agreement shall be outstanding shall not require the consent of holders of obligations under Secured Hedge Agreements.

 

37


7.16 WAIVER OF JURY TRIAL. EACH GRANTOR AND THE COLLATERAL AGENT 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.

7.17 Reinstatement. This Pledge and Security Agreement shall remain in full force and effect and continue to be effective should any petition be filed by or against any Grantor for liquidation or reorganization, should any Grantor become insolvent or make an assignment for the benefit of any creditor or creditors or should a receiver or trustee be appointed for all or any significant part of any Grantor’s assets, and shall continue to be effective or be reinstated, as the case be, if at any time payments and performance of the Obligations, or any part thereof, is, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned by any oblige of the Obligations, whether as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned.

[Remainder of page intentionally left blank]

 

38


IN WITNESS WHEREOF, each of the undersigned has caused this Pledge and Security Agreement to be duly executed and delivered as of the date first above written.

 

MACDERMID HOLDINGS, LLC

By:

 

/s/

    Joseph M. Silvestri
   
 

Name:

    Joseph M. Silvestri
 

Title:

    President and Secretary

MATRIX ACQUISITION CORP.

By:

 

/s/

    Joseph M. Silvestri
   
 

Name:

    Joseph M. Silvestri
 

Title:

    President and Secretary

Accepted as of the day and year first above written

(effective as of the Effective Time,

as defined in the Merger Agreement):

 

MACDERMID, INCORPORATED

By:

 

/s/

    John L. Cordani
   
 

Name:

    John L. Cordani
 

Title:

    Vice President


AUTOTYPE HOLDINGS (USA) INC.

BAYPORT CHEMICAL SERVICE, INC.

CANNING GUMM, LLC

DYNACIRCUITS, LLC

ECHO INTERNATIONAL, INC.

HUNTINGDON AVE. DEVELOPMENT LLC

MACDERMID ACUMEN, INC.

MACDERMID AUTOTYPE INCORPORATED

MACDERMID BRAZIL, INC.

MACDERMID COLORSPAN, INC.

MACDERMID HOUSTON, INC.

MACDERMID INVESTMENT CORP.

MACDERMID OFFSHORE SOLUTIONS, LLC

MACDERMID OVERSEAS ASIA LIMITED

MACDERMID PRINTING SOLUTIONS ACUMEN, INC.

MACDERMID PRINTING SOLUTIONS, LLC

MACDERMID SOUTH AMERICA, INCORPORATED

MACDERMID SOUTH ATLANTIC, INCORPORATED

MACDERMID TARTAN, INC.

MACDERMID TEXAS, INC.

MACDERMID TOWER, INC.

MACDERMID US HOLDINGS, LLC

MRD ACQUISITION CORP.

NAPP PRINTING PLATE DISTRIBUTION, INC.

NAPP SYSTEMS (EUROPE), LTD.

NAPP SYSTEMS INC.

PT FRANCE HOLDING CORP.

PT SUB, INC.

SPECIALTY POLYMERS, INC.

SUPRATECH SYSTEMS INC.

VERNON-ROCKVILLE DEVELOPMENT LLC

W. CANNING INC.

W. CANNING, LTD.

W. CANNING USA, LLC

 

By:  

/s/        John L. Cordani

  Name: John L. Cordani
  Title:   Secretary

 

2


CREDIT SUISSE, CAYMAN ISLANDS

BRANCH,

as Collateral Agent

By:   /s/     Judith E. Smith
   
  Name:     Judith E. Smith
  Title:     Director
By:   /s/     Doreen Barr
   
  Name:     Doreen Barr
  Title:     Vice President

 

3


Exhibit A to

the Pledge and Security Agreement

FORM OF SECURITIES ACCOUNT CONTROL AGREEMENT

This Securities Account Control Agreement dated as of [            ], 2007 (this “Agreement”) among (the “Debtor”), CREDIT SUISSE, in its capacity as collateral agent for the Lenders and the other Secured Parties (as defined in the Pledge and Security Agreement referenced below, including its successors and assigns from time to time, the “Collateral Agent”) and [    ], in its capacity as a “securities intermediary” as defined in Section 8-102 of the UCC (in such capacity, the “Securities Intermediary”). Capitalized terms used herein but not otherwise defined herein have the meanings set forth in the Pledge and Security Agreement, dated as of [    ], 2007, (as amended, restated, supplemented or otherwise modified from time to time, the “Pledge and Security Agreement”) among the Debtor, the other Grantors party thereto and the Collateral Agent. All references herein to the “UCC” shall mean the Uniform Commercial Code as in effect in the State of New York.

Section 1. Priority of Lien. Pursuant to the Pledge and Security Agreement, the Debtor has granted a separate security interest in all of the Debtor’s rights in the Securities Account referred to in Section 2 below to the Collateral Agent. The Collateral Agent, the Debtor and the Securities Intermediary are entering into this Agreement to perfect the Collateral Agent’s security interest in such Securities Account. The Securities Intermediary hereby acknowledges that it has received notice of the security interest of the Collateral Agent in such Securities Account and hereby acknowledges and consents to such lien.

Section 2. Establishment of Securities Account. The Securities Intermediary hereby confirms and agrees that:

(a) The Securities Intermediary has established account number [IDENTIFY ACCOUNT NUMBER] in the name “[IDENTIFY EXACT TITLE OF ACCOUNT]” (such account and any successor account, the “Securities Account”) and the Securities Intermediary shall not change the name or account number of the Securities Account or close the Securities Account without the prior written consent of the Collateral Agent, and prior to delivery pursuant to Section 9(a) of a Blocking Notice delivered by the Collateral Agent in substantially the form set forth in Exhibit A attached hereto (“Blocking Notice”), the Debtor;

(b) All securities or other property underlying any financial assets credited to the Securities Account shall be registered in the name of the Securities Intermediary, indorsed to the Securities Intermediary or in blank or credited to another securities account maintained in the name of the Securities Intermediary and in no case will any financial asset credited to the Securities Account be registered in the name of the Debtor, payable to the order of the Debtor or specially indorsed to the Debtor except to the extent the foregoing have been specially indorsed to the Securities Intermediary or in blank;

(c) All property delivered to the Securities Intermediary pursuant to the Security Agreement will be promptly credited to the Securities Account; and

 

   A-1   


(d) The Securities Account is a “securities account” within the meaning of Section 8-501 of the UCC.

Section 3. “Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (including, without limitation, any investment property, financial asset, security, instrument, general intangible or cash) credited to the Securities Account shall be treated as a “financial asset” within the meaning of Section 8-102(a)(9) of the UCC.

Section 4. Control of the Securities Account. Notwithstanding anything to the contrary contained herein, if at any time after the occurrence and continuation of an Event of Default the Securities Intermediary shall receive any order from the Collateral Agent directing transfer or redemption of any financial asset relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. The Securities Intermediary shall comply with entitlement orders from the Debtor directing transfer or redemption of any financial asset relating to the Securities Account until such time as the Securities Intermediary has received a Blocking Notice delivered pursuant to Section 9(a). Until such time as the Securities Intermediary has received a Blocking Notice delivered under Section 9(a), the Securities Intermediary shall be entitled to distribute to the Debtor all income on the financial assets in the Securities Account. If the Debtor is otherwise entitled to issue entitlement orders and such orders conflict with any entitlement order issued by the Collateral Agent, the Securities Intermediary shall follow the orders issued by the Collateral Agent.

Section 5. Subordination of Lien; Waiver of Set-Off. In the event that the Securities Intermediary has or subsequently obtains by agreement, by operation of law or otherwise a security interest in the Securities Account or any security entitlement credited thereto, the Securities Intermediary hereby agrees that such security interest shall be subordinate to the security interest of the Collateral Agent. The financial assets and other items deposited to the Securities Account will not be subject to deduction, set-off, banker’s lien, or any other right in favor of any person other than the Collateral Agent (except that the Securities Intermediary may set off (i) all amounts due to the Securities Intermediary in respect of customary fees and expenses for the routine maintenance and operation of the Securities Account and (ii) the face amount of any checks which have been credited to such Securities Account but are subsequently returned unpaid because of uncollected or insufficient funds).

Section 6. Choice of Law. This Agreement and the Securities Account shall each be governed by the laws of the State of New York. Regardless of any provision in any other agreement, for purposes of the UCC, New York shall be deemed to be the Securities Intermediary’s jurisdiction (within the meaning of Section 8-110 of the UCC) and the Securities Account (as well as the securities entitlements related thereto) shall be governed by the laws of the State of New York.

Section 7. Conflict with Other Agreements.

(a) In the event of any conflict between this Agreement (or any portion thereof) and any other agreement now existing or hereafter entered into, the terms of this Agreement shall prevail;

 

   A-2   


(b) No amendment or modification of this Agreement or waiver of any right hereunder shall be binding on any party hereto unless it is in writing and is signed by all of the parties hereto;

(c) The Securities Intermediary hereby confirms and agrees that:

(i) It has not entered into, and until the termination of this Agreement, will not enter into, any agreement with any other person relating to the Securities Account and/or any financial assets credited thereto pursuant to which it has agreed to comply with entitlement orders (as defined in Section 8-102(a)(8) of the UCC) of such other person; and

(ii) It has not entered into, and until the termination of this Agreement, will not enter into, any agreement with the Debtor or the Collateral Agent purporting to limit or condition the obligation of the Securities Intermediary to comply with entitlement orders as set forth in Section 4 hereof.

Section 8. Adverse Claims. Except for the claims and interest of the Collateral Agent and of the Debtor in the Securities Account, the Securities Intermediary does not know of any claim to, or interest in, the Securities Account or in any “financial asset” (as defined in Section 8-102(a) of the UCC) credited thereto. If any person asserts any lien, encumbrance or adverse claim (including any writ, garnishment, judgment, warrant of attachment, execution or similar process) against the Securities Account or in any financial asset carried therein, the Securities Intermediary will promptly notify in writing each of the Collateral Agent and the Debtor thereof.

Section 9. Maintenance of Securities Account. In addition to, and not in lieu of, the obligation of the Securities Intermediary to honor entitlement orders as agreed in Section 3 hereof, the Securities Intermediary agrees to maintain the Securities Account as follows:

(a) Blocking Notice. If at any time after the occurrence and continuation of an Event of Default the Collateral Agent delivers to the Securities Intermediary a Blocking Notice in substantially the form set forth in Exhibit A hereto, the Securities Intermediary agrees that after receipt of such notice, it will cease to follow any instruction with respect to the Securities Account from the Debtor.

(b) Voting Rights. Until such time as the Securities Intermediary receives a Blocking Notice pursuant to subsection (a) of this Section 9, the Debtor shall direct the Securities Intermediary with respect to the voting of any financial assets credited to the Securities Account.

(c) Permitted Investments. Until such time as the Securities Intermediary receives a Blocking Notice signed by the Collateral Agent, the Debtor shall direct the Securities Intermediary with respect to the selection of investments to be made for the Securities Account.

(d) Statements and Confirmations. The Securities Intermediary will promptly send copies of all statements, confirmations and other correspondence concerning the Securities Account and/or any financial assets credited thereto simultaneously to each of the Debtor and the Collateral Agent at the address for each set forth in Section 13 of this Agreement.

 

   A-3   


(e) Tax Reporting. All items of income, gain, expense and loss recognized in the Securities Account shall be reported to the Internal Revenue Service and all state and local taxing authorities under the name and taxpayer identification number of the Debtor.

Section 10. Representations, Warranties and Covenants of the Securities Intermediary. The Securities Intermediary hereby makes the following representations, warranties and covenants:

(a) The Securities Account has been established as set forth in Section 1 above and such Securities Account will be maintained in the manner set forth herein until termination of this Agreement; and

(b) This Agreement is the valid and legally binding obligation of the Securities Intermediary.

Section 11. Indemnification of Securities Intermediary. The Debtor and the Collateral Agent hereby agree that (a) the Securities Intermediary is released from any and all liabilities to the Debtor and the Collateral Agent arising from the terms of this Agreement and the compliance of the Securities Intermediary with the terms hereof, except to the extent that such liabilities arise from the Securities Intermediary’s negligence or willful misconduct and (b) the Debtor, its successors and assigns shall at all times indemnify and save harmless the Securities Intermediary from and against any and all claims, actions and suits of others arising out of the terms of this Agreement or the compliance of the Securities Intermediary with the terms hereof, except to the extent that such arises from the Securities Intermediary’s negligence or willful misconduct until the termination of this Agreement.

Section 12. Successors; Assignment. The terms of this Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective corporate successors or heirs and personal representatives who obtain such rights solely by operation of law. The Collateral Agent may assign its rights hereunder only with the express written consent of the Securities Intermediary and by sending written notice of such assignment to the Debtor.

Section 13. Notices. Any notice, request or other communication required or permitted to be given under this Agreement shall be in writing and deemed to have been properly given when delivered in person, or when sent by telecopy or other electronic means and electronic confirmation of error free receipt is received or two (2) business days after being sent by certified or registered United States mail, return receipt requested, postage prepaid, addressed to the party at the address set forth below.

 

Debtor:   [            ]   
  Attention:   
  Telecopier:   
  with a copy to:   

 

   A-4   


 

Attention:

Telecopier No.:

Telephone No.:

  
Collateral Agent:  

CREDIT SUISSE

Eleven Madison Avenue

New York, NY 10010

Attention:

Telecopier:

 

with a copy to:

  
 

 

Latham & Watkins LLP

885 Third Avenue

New York, New York 10022

Attention: Daniel Seale

Telecopier No.: (212) 751-4864

  
Securities Intermediary:  

[INSERT ADDRESS]

Attention:

Telecopier:

  

Any party may change its address for notices in the manner set forth above.

Section 13. Termination. The obligations of the Securities Intermediary to the Collateral Agent pursuant to this Agreement shall continue in effect until the security interest of the Collateral Agent in the Securities Account has been terminated pursuant to the terms of the Pledge and Security Agreement and the Collateral Agent has notified the Securities Intermediary of such termination in writing. The Collateral Agent agrees to provide Notice of Termination in substantially the form of Exhibit B hereto to the Securities Intermediary upon the request of the Debtor on or after the termination of the Collateral Agent’s security interest in the Securities Account pursuant to the terms of the Security Agreement. This Agreement may be terminated by the Debtor at any time after the Collateral Agent ceases to have any security interest in the Securities Account, provided that no such termination by the Debtor shall be effective unless the Securities Intermediary shall have received written notice from the Collateral Agent confirming that such security interest no longer exists. The termination of this Agreement shall not terminate the Securities Account or alter the obligations of the Securities Intermediary to the Debtor pursuant to any other agreement with respect to the Securities Account.

Section 14. Rights in Securities Account. It is understood and agreed that nothing in this Agreement shall give the Collateral Agent any benefit or legal or equitable right, remedy or claim under any other agreement between the Debtor and the Securities Intermediary.

 

   A-5   


Section 15. Modification. This Agreement shall only be modified or amended by written agreement of all of the parties hereto evidencing such modification or amendment.

Section 16. Counterparts. This Agreement may be executed in any number of counterparts, all of which shall constitute one and the same instrument, and any party hereto may execute this Agreement by signing and delivering one or more counterparts.

 

   A-6   


IN WITNESS WHEREOF, the parties hereto have caused this Securities Account Control Agreement to be executed as of the date first above written by their respective officers thereunto duly authorized.

 

By:  

 

Name:
Title:
CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as Collateral Agent
By:  

 

Name:
Title:
[NAME OF SECURITIES INTERMEDIARY], as Securities Intermediary
By:  

 

Name:
Title:

 

   A-7   


Exhibit A to

the Securities Account Control Agreement

[Letterhead of Collateral Agent]

[Date]

[Name and Address of Securities Intermediary]

Attention:

Re: Blocking Notice

Ladies and Gentlemen:

As referenced in the Securities Account Control Agreement dated as of   , 200 among [NAME OF THE DEBTOR] (the “Debtor”), you and the undersigned (a copy of which is attached), we hereby give you notice of our sole control over securities account number (the “Securities Account”) and all financial assets credited thereto. You are hereby instructed not to accept any direction, instructions or entitlement orders with respect to the Securities Account or the financial assets credited thereto from the Debtor.

You are instructed to deliver a copy of this notice by facsimile transmission to [NAME OF THE DEBTOR].

 

Very truly yours,
CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as Collateral Agent
By:  

 

Authorized Signatory / Name:
Title:

cc: [NAME OF THE DEBTOR]

 

   A-A-1   


Exhibit B to

the Securities Account Control Agreement

[Letterhead of Collateral Agent]

[Date]

[Name and Address of Securities Intermediary]

Attention:

Re: Termination of Securities Account Control Agreement

You are hereby notified that the Securities Account Control Agreement dated as of    200 among you, [NAME OF THE DEBTOR] and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement. Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to account number(s) from [NAME OF THE DEBTOR]. This notice terminates any obligations you may have to the undersigned with respect to such account, however nothing contained in this notice shall alter any obligations which you may otherwise owe to [NAME OF THE DEBTOR] pursuant to any other agreement.

You are instructed to deliver a copy of this notice by facsimile transmission to [NAME OF THE DEBTOR].

 

Very truly yours,
CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as Collateral Agent
By:  

 

Authorized Signatory / Name:
Title:

 

   A-B-1   


Exhibit B to

the Pledge and Security Agreement

FORM OF DEPOSIT ACCOUNT CONTROL AGREEMENT

This Deposit Account Control Agreement dated as of [            ], 2007 (this “Agreement”) among [            ] (the “Debtor”), CREDIT SUISSE, in its capacity as collateral agent for the Lenders and the other Secured Parties (as defined in the Pledge and Security Agreement referenced below, including its successors and assigns from time to time, the “Collateral Agent”), and [    ], in its capacity as a “bank” as defined in Section 9-102 of the UCC (in such capacity, the “Financial Institution”). Capitalized terms used herein but not otherwise defined herein have the meanings set forth in the Pledge and Security Agreement, dated as of             ], 2007, (as amended, restated, supplemented or otherwise modified from time to time, the “Pledge and Security Agreement”) among the Debtor, the other Grantors party thereto and the Collateral Agent. All references herein to the “UCC” shall mean the Uniform Commercial Code as in effect in the State of New York.

Section 1. Priority of Lien. Pursuant to the Pledge and Security Agreement, the Debtor has granted a separate security interest in all of the Debtor’s rights in the Deposit Account referred to in Section 2 below to the Collateral Agent. The Collateral Agent, the Debtor and the Financial Institution are entering into this Agreement to perfect the Collateral Agent’s security interest in the Deposit Account. The Financial Institution hereby acknowledges that it has received notice of the security interest of the Collateral Agent in the Deposit Account and hereby acknowledges and consents to such lien.

Section 2. Establishment of Deposit Account. The Financial Institution hereby confirms and agrees that:

(a) The Financial Institution has established account number [IDENTIFY ACCOUNT NUMBER] in the name “[IDENTIFY EXACT TITLE OF ACCOUNT)” (such account and any successor account, the “Deposit Account”) and the Financial Institution shall not change the name or account number of the Deposit Account or close the Deposit Account without the prior written consent of the Collateral Agent, and prior to delivery pursuant to Section 8(a) of a Blocking Notice delivered by the Collateral Agent in substantially the form set forth in Exhibit A hereto (“Blocking Notice”), the Debtor; and

(b) The Deposit Account is a “deposit account” within the meaning of Section 9- 102(a)(29) of the UCC.

Section 3. Control of the Deposit Account. If at any time after the occurrence and continuation of an Event of Default the Financial Institution shall receive any instructions originated by the Collateral Agent directing the disposition of funds in the Deposit Account, the Financial Institution shall comply with such instructions without further consent by the Debtor or any other person. The Financial Institution shall comply with instructions from the Debtor directing the disposition of funds in the Deposit Account until such time as the Financial Institution has received a Blocking Notice delivered pursuant to Section 8(a). If the Debtor is otherwise entitled to issue instructions directing the disposition of funds in the Deposit Account

 

   B-1   


and such instructions conflict with any instructions issued by the Collateral Agent, the Financial Institution shall follow the instructions issued by the Collateral Agent.

Section 4. Subordination of Lien; Waiver of Set-Off. In the event that the Financial Institution has or subsequently obtains by agreement, by operation of law or otherwise a security interest in the Deposit Account or any funds credited thereto, the Financial Institution hereby agrees that such security interest shall be subordinate to the security interest of the Collateral Agent. Money and other items credited to the Deposit Account will not be subject to deduction, set-off, banker’s lien, or any other right in favor of any person other than the Collateral Agent (except that the Financial Institution may set off (i) all amounts due to the Financial Institution in respect of customary fees and expenses for the routine maintenance and operation of the Deposit Account and (ii) the face amount of any checks which have been credited to such Deposit Account but are subsequently returned unpaid because of uncollected or insufficient funds).

Section 5. Choice of Law. This Agreement and the Deposit Account shall each be governed by the laws of the State of New York. Regardless of any provision in any other agreement, for purposes of the UCC, New York shall be deemed to be the Financial Institution’s jurisdiction (within the meaning of Section 9-304 of the UCC) and the Deposit Account shall be governed by the laws of the State of New York.

Section 6. Conflict with Other Agreements.

(a) In the event of any conflict between this Agreement (or any portion thereof) and any other agreement now existing or hereafter entered into, the terms of this Agreement shall prevail;

(b) No amendment or modification of this Agreement or waiver of any right hereunder shall be binding on any party hereto unless it is in writing and is signed by all of the parties hereto; and

(c) The Financial Institution hereby confirms and agrees that:

(i) It has not entered into, and until the termination of this Agreement, will not enter into, any agreement with any other person relating to the Deposit Account and/or any funds credited thereto pursuant to which it has agreed to comply with instructions originated by such persons as contemplated by Section 9-104 of the UCC; and

(ii) It has not entered into, and until the termination of this Agreement, will not enter into, any agreement with the Debtor or the Collateral Agent purporting to limit or condition the obligation of the Financial Institution to comply with instructions orders as set forth in Section 2 hereof.

Section 7. Adverse Claims. Except for the claims and interest of the Collateral Agent and of the Debtor in the Deposit Account, the Financial Institution does not know of any claim to or interest in, the Deposit Account or in any “funds” (as defined in Section 9-104 of the UCC) credited thereto. If any person asserts any lien, encumbrance or adverse claim (including any writ, garnishment, judgment, warrant of attachment, execution or similar process) against the

 

   B-2   


Deposit Account, the Financial Institution will promptly notify in writing each of the Collateral Agent and the Debtor thereof.

Section 8. Maintenance of Deposit Account. In addition to, and not in lieu of, the obligation of the Financial Institution to honor instructions as set forth in Section 2 hereof, the Financial Institution agrees to maintain the Deposit Account as follows:

(a) Blocking Notice. If at any time after the occurrence and continuation of an Event of Default the Collateral Agent delivers to the Financial Institution a Blocking Notice in substantially the form set forth in Exhibit A hereto, the Financial Institution agrees that after receipt of such notice, it will cease to follow any instruction with respect to the Deposit Account from the Debtor.

(b) Withdrawal Requests. Until such time as the Financial Institution receives a Blocking Notice pursuant to Section (a) of this Section 7, the Debtor may request withdrawal of, or transfer of, funds or property from the Deposit Account.

(b) Statements and Confirmations. The Financial Institution will promptly send copies of all statements, confirmations and other correspondence concerning the Deposit Account simultaneously to each of the Debtor and the Collateral Agent at the address for each set forth in Section 11 of this Agreement; and

(b) Tax Reporting. All interest, if any, relating to the Deposit Account, shall be reported to the Internal Revenue Service and all state and local taxing authorities under the name and taxpayer identification number of the Debtor.

Section 9. Representations, Warranties and Covenants of the Financial Institution. The Financial Institution hereby makes the following representations, warranties and covenants:

(a) The Deposit Account has been established as set forth in Section 1 and such Deposit Account will be maintained in the manner set forth herein until termination of this Agreement; and

(b) This Agreement is the valid and legally binding obligation of the Financial Institution.

Section 10. Indemnification of Financial Institution. The Debtor and the Collateral Agent hereby agree that (a) the Financial Institution is released from any and all liabilities to the Debtor and the Collateral Agent arising from the terms of this Agreement and the compliance of the Financial Institution with the terms hereof, except to the extent that such liabilities arise from the Financial Institution’s negligence or willful misconduct and (b) the Debtor, its successors and assigns shall at all times indemnify and save harmless the Financial Institution from and against any and all claims, actions and suits of others arising out of the terms of this Agreement or the compliance of the Financial Institution with the terms hereof, except to the extent that such arises from the Financial Institution’s negligence or willful misconduct until the termination of this Agreement.

 

   B-3   


Section 11. Successors; Assignment. The terms of this Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective corporate successors or heirs and personal representatives who obtain such rights solely by operation of law. The Collateral Agent may assign its rights hereunder only with the express written consent of the Financial Institution and by sending written notice of such assignment to the Debtor.

Section 12. Notices. Any notice, request or other communication required or permitted to be given under this Agreement shall be in writing and deemed to have been properly given when delivered in person, or when sent by telecopy or other electronic means and electronic confirmation of error free receipt is received or two (2) business days after being sent by certified or registered United States mail, return receipt requested, postage prepaid, addressed to the party at the address set forth below.

 

Debtor:    [                    ]
                       
                       
   Attention:
   Telecopier:
   with a copy to:
  

                      

                       
  

 

   Attention:
  

Telecopier No.:

Telephone No.:

Collateral Agent:   

CREDIT SUISSE

Eleven Madison Avenue

New York, New York 10010

Attention:

Telecopier:

 

with a copy to:

 

Latham & Watkins LLP

885 Third Avenue

New York, New York 10022

Attention: Daniel Seale

Telecopier No.: (212) 7514864

Financial Institution:   

[INSERT ADDRESS]

Attention:

Telecopier:

Any party may change its address for notices in the manner set forth above.

 

   B-4   


Section 12. Termination. The obligations of the Financial Institution to the Collateral Agent pursuant to this Agreement shall continue in effect until the security interest of the Collateral Agent in the Deposit Account has been terminated pursuant to the terms of the Security Agreement and the Collateral Agent has notified the Financial Institution of such termination in writing. The Collateral Agent agrees to provide Notice of Termination in substantially the form of Exhibit B hereto to the Financial Institution upon the request of the Debtor on or after the termination of the Collateral Agent's security interest in the Deposit Account pursuant to the terms of the Security Agreement. This Agreement may be terminated by the Debtor at any time after the Collateral Agent ceases to have any security interest in the Deposit Account, provided that no such termination by the Debtor shall be effective unless the Financial Institution shall have received written notice from the Collateral Agent confirming that such security interest no longer exists. The termination of this Agreement shall not terminate the Deposit Account or alter the obligations of the Financial Institution to the Debtor pursuant to any other agreement with respect to the Deposit Account.

Section 13. Rights in Deposit Account. It is understood and agreed that nothing in this Agreement shall give the Collateral Agent any benefit or legal or equitable right, remedy or claim under any other agreement between the Debtor and the Financial Institution.

Section 14. Modification. This Agreement shall only be modified or amended by written agreement of all of the parties hereto evidencing such modification or amendment.

Section 15. Counterparts. This Agreement may be executed in any number of counterparts, all of which shall constitute one and the same instrument, and any party hereto may execute this Agreement by signing and delivering one or more counterparts.

 

   B-5   


IN WITNESS WHEREOF, the parties hereto have caused this Deposit Account Control Agreement to be executed as of the date first above written by their respective officers thereunto duly authorized.

 

[                    ]
By:  

 

Name:
Title:

CREDIT SUISSE, CAYMAN ISLANDS BRANCH

as Collateral Agent

By:  

 

Name:
Title: Authorized Signatory

[NAME OF FINANCIAL INSTITUTION],

as Financial Institution

By:  

 

Name:
Title:

 

   B-6   


     Exhibit A to
[Letterhead of Collateral Agent]    the Deposit Account Control Agreement
[Date]   

[Name and Address of Financial Institution]

Attention:

Re: Blocking Notice

Ladies and Gentlemen:

As referenced in the Deposit Account Control Agreement dated as of                     , 200   among [NAME OF THE DEBTOR] (the “Debtor”), you and the undersigned (a copy of which is attached), we hereby give you notice of our sole control over deposit account number (the “Deposit Account”) and all funds deposited therein. You are hereby instructed not to accept any direction, instructions or orders with respect to the Deposit Account or the funds deposited therein from the Debtor.

You are instructed to deliver a copy of this notice by facsimile transmission to [NAME OF THE DEBTOR].

 

Very truly yours,

CREDIT SUISSE, CAYMAN ISLANDS BRANCH,

as Collateral Agent

By:  

 

Authorized Signatory / Name:
Title:

cc: [NAME OF THE DEBTOR]

 

   B-A-1   


     Exhibit B to
[Letterhead of Collateral Agent]    the Deposit Account Control Agreement
[Date]   

[Name and Address of Financial Institution]

Attention:

Re: Termination of Deposit Account Control Agreement

You are hereby notified that the Deposit Account Control Agreement dated as of                     , 20011 among [NAME OF THE DEBTOR], you and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement. Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to account number(s) from [NAME OF THE DEBTOR]. This notice terminates any obligations you may have to the undersigned with respect to such account, however nothing contained in this notice shall alter any obligations which you may otherwise owe to [NAME OF THE DEBTOR] pursuant to any other agreement.

You are instructed to deliver a copy of this notice by facsimile transmission to [NAME OF THE DEBTOR].

 

Very truly yours,

CREDIT SUISSE, CAYMAN ISLANDS BRANCH,

as Collateral Agent

By:  

 

Authorized Signatory / Name:
Title:

 

   B-B-1   


Exhibit C to

the Pledge and Security Agreement

FORM OF TRADEMARK SECURITY AGREEMENT

TRADEMARK SECURITY AGREEMENT dated as of [            ], 2007 (as amended, restated, supplemented or otherwise modified, the “Trademark Security Agreement”), made by each of the signatories hereto other than the Collateral Agent (as defined below) (together with any other entity that may become a party hereto as provided herein, the “Grantors”), in favor of CREDIT SUISSE, as collateral agent (in such capacity and together with its successors, the “Collateral Agent”) for (i) the banks and other financial institutions or entities (the “Lenders”) from time to time parties to the Credit Agreement dated as of [    ], 2007 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among MacDermid Holdings, LLC, a Delaware limited liability company, Matrix Acquisition Corp., a Connecticut corporation, MacDermid, Incorporated, a Connecticut corporation, the Lenders party thereto, Credit Suisse, as administrative agent and as collateral agent, Goldman Sachs Credit Partners L.P., as syndication agent, and CIBC World Markets Corp. and Bear Steams & Co. Inc., as co-documentation agents, and (ii) the other Secured Parties.

WITNESSETH:

WHEREAS, Grantors are party to a Pledge and Security Agreement dated as of [            ] 2007 (the “Pledge and Security Agreement”) between each of the Grantors and the other grantors party thereto and the Collateral Agent pursuant to which the Grantors are required to execute and deliver this Trademark Security Agreement;

NOW, THEREFORE, in consideration of the premises and to induce the Secured Parties to enter into the Credit Agreement, the Grantors hereby agree with the Collateral Agent, as follows:

SECTION 1. Defined Terms. Unless otherwise defined herein, capitalized terms have the meaning given to them in the Pledge and Security Agreement.

SECTION 2. Grant of Security Interest in Trademark Collateral.

(a) Each Grantor hereby grants to the Collateral Agent for the ratable benefit of the Secured Parties a security interest in all the following property of such Grantor, in each case, wherever located and now owned or at any time hereafter acquired by such Grantor or in which such Grantor has or at any time in the future may acquire any right, title and interest (collectively, the “Trademark 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 Obligations:

(i) all trademarks, trade names, corporate names, company names, business names, fictitious business names, trade styles, service marks, logos, designs and other source or business identifiers, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all applications in connection therewith, whether in the United States Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other

 

   C-1   


country, union of countries, or any political subdivision of any of the foregoing, or otherwise, and all common-law rights related thereto, including any of the foregoing listed on Schedule I hereto,

(ii) the right to, and to obtain, all renewals thereof,

(iii) the goodwill of the business connected with the use of and symbolized by the foregoing,

(iv) general intangibles of a like nature and

(v) the right to sue for past, present and future infringements or dilution of any of the foregoing or for any injury to goodwill, and all proceeds of the foregoing, including royalties, income, payments, claims, damages and proceeds of suit;

provided that notwithstanding any other provision set forth in this Section 2, this Trademark Security Agreement shall not, at any time, constitute a grant of a security interest in any property that is, at such time: (i) an Excluded Asset or (ii) an application to register a Trademark in the U.S. Patent and Trademark Office based on a Grantor’s “intent to use” such Trademark, provided that at such time a Statement of Use or Amendment to Allege Use is filed therein such Trademark application shall be considered automatically included in the Trademark Collateral.

(b) Notwithstanding anything herein to the contrary, (i) each Grantor shall remain liable for all obligations under and in respect of the Trademark Collateral and nothing contained herein is intended or shall be a delegation of duties to the Collateral Agent or any other Secured Party, (ii) each Grantor shall remain liable under and each of the agreements included in the Trademark Collateral, including any Receivables, any Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof and neither the Collateral Agent nor any other Secured Party shall have any obligation or liability under any of such agreements by reason of or arising out of this Trademark Security Agreement or any other document related hereto nor shall the Collateral Agent nor any other Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any agreement included in the Trademark Collateral, including any agreements relating to any Receivables, any Contracts or any agreements relating to Pledged Partnership Interests or Pledged LLC Interests and (iii) the exercise by the Collateral Agent of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Trademark Collateral, including any agreements relating to any Receivables, any Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests.

SECTION 3. Security Agreement. The security interest granted pursuant to this Trademark Security Agreement is granted in conjunction with the security interest granted to the Collateral Agent for the Secured Parties pursuant to the Pledge and Security Agreement and Grantors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to the security interest in the Trademark Collateral made and granted hereby are

 

   C-2   


more fully set forth in the Pledge and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Trademark Security Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

SECTION 4. Applicable Law. This Trademark Security Agreement shall be construed in accordance with and governed by, the laws of the State of New York.

SECTION 5. Counterparts. This Trademark Security Agreement may be executed by one or more of the parties to this Trademark Security Agreement on any number of separate counterparts (including by facsimile) and all of said counterparts together shall be deemed to constitute one and the same instrument.

[Remainder of page intentionally left blank]

 

   C-3   


IN WITNESS WHEREOF, each Grantor has caused this Trademark Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above.

 

By:

 

 

 

Name:

 

Title:

By:

 

 

 

Name:

 

Title:

Accepted and Agreed:

CREDIT SUISSE, CAYMAN ISLANDS BRANCH,

as Collateral Agent

 

By:

 

 

 

Name:

 

Title:

 

   C-4   


Schedule to

the Trademark Security Agreement

TRADEMARK REGISTRATIONS AND APPLICATIONS

[see attached]

 

   C-5   


Exhibit D to

the Pledge and Security Agreement

FORM OF COPYRIGHT SECURITY AGREEMENT

COPYRIGHT SECURITY AGREEMENT dated as of [            ], 2007 (as further amended, restated, supplemented or otherwise modified from time to time, the “Copyright Security Agreement”), made by each of the signatories hereto other than the Collateral Agent (as defined below) (together with any other entity that may become a party hereto as provided herein, the “Grantors”), in favor of CREDIT SUISSE, as collateral agent (in such capacity and together with its successors, the “Collateral Agent”) for (i) the banks and other financial institutions or entities (the “Lenders”) from time to time parties to the Credit Agreement dated as of [ ], 2007 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among MacDermid Holdings, Inc., a Delaware limited liability company, Matrix Acquisition Corp., a Connecticut corporation, MacDermid, Incorporated, a Connecticut corporation, the Lenders party thereto, Credit Suisse, as administrative agent and as collateral agent, Goldman Sachs Credit Partners L.P., as syndication agent, and CIBC World Markets Corp. and Bear Stearns & Co. Inc., as co-documentation agents, and (ii) the other Secured Parties.

WITNESSETH:

WHEREAS, Grantors are party to a Pledge and Security Agreement dated as of [            ], 2005 (the “Pledge and Security Agreement”) between each of the Grantors and the other grantors party thereto and the Collateral Agent pursuant to which the Grantors are required to execute and deliver this Trademark Security Agreement;

NOW, THEREFORE, in consideration of the premises and to induce the Secured Parties to enter into the Credit Agreement, the Grantors hereby agree with the Collateral Agent, as follows:

SECTION 1. Defined Terms. Unless otherwise defined herein, capitalized terms have the meaning given to them in the Pledge and Security Agreement.

SECTION 2. Grant and Confirmation of Security Interest in Copyright Collateral.

(a) Each Grantor hereby grants to the Collateral Agent for the ratable benefit of the Secured Parties a security interest in all the following property of such Grantor, in each case, wherever located and now owned or at any time hereafter acquired by such Grantor or in which such Grantor has or at any time in the future may acquire any right, title and interest (collectively, the “Copyright 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 Obligations:

(i) all copyrights arising under the laws of the United States, any other country, or union of countries, or any political subdivision of any of the foregoing, whether registered or unregistered and whether published or unpublished (including the registered copyrights and applications listed on Schedule I hereto (as such schedule may be amended or supplemented

 

   D-1   


from time to time)), all registrations and recordings thereof, and all applications in connection therewith and rights corresponding thereto throughout the world, including all registrations, recordings and applications in the United States Copyright Office,

(ii) the right to, and to obtain, all extensions and renewals thereof, and the right to sue for past, present and future infringements of any of the foregoing, and

(iii) all proceeds of the foregoing, including license, royalties, income, payments, claims, damages, and proceeds of suit; and

provided that notwithstanding any other provision set forth in this Section 2, this Copyright Security Agreement shall not, at any time, constitute a grant of a security interest in any property that is, at such time, an Excluded Asset.

(b) Notwithstanding anything herein to the contrary, (i) each Grantor shall remain liable for all obligations under and in respect of the Copyright Collateral and nothing contained herein is intended or shall be a delegation of duties to the Collateral Agent or any other Secured Party, (ii) each Grantor shall remain liable under and each of the agreements included in the Copyright Collateral, including any Receivables, any Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof and neither the Collateral Agent nor any other Secured Party shall have any obligation or liability under any of such agreements by reason of or arising out of this Copyright Security Agreement or any other document related hereto nor shall the Collateral Agent nor any other Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any agreement included in the Copyright Collateral, including any agreements relating to any Receivables, any Contracts or any agreements relating to Pledged Partnership Interests or Pledged LLC Interests and (iii) the exercise by the Collateral Agent of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Copyright Collateral, including any agreements relating to any Receivables, any Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests.

SECTION 3. Security Agreement. The security interest granted pursuant to this Copyright Security Agreement is granted in conjunction with the security interest granted to the Collateral Agent for the Secured Parties pursuant to the Pledge and Security Agreement and Grantor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect to the security interest in the Copyright Collateral made and granted hereby are more fully set forth in the Pledge and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Copyright Security Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

SECTION 4. Filing Fees. Within two business days of the date hereof Grantors shall provide Latham & Watkins LLP a check in the amount of $ in payment of the filing fees and expenses for this Agreement. In the event that such amount shall prove to be insufficient to cover all fees and expenses incurred in connection with the filing of this

 

   D-2   


Agreement, Grantors shall reimburse Latham & Watkins for any additional out-of-pocket expenses.

SECTION 5. Applicable Law. This Copyright Security Agreement shall be construed in accordance with and governed by, the laws of the State of New York.

SECTION 6. Counterparts. This Copyright Security Agreement may be executed by one or more of the parties to this Copyright Security Agreement on any number of separate counterparts (including by facsimile) and all of said counterparts together shall be deemed to constitute one and the same instrument.

[Remainder of page intentionally left blank]

 

   D-3   


IN WITNESS WHEREOF, each Grantor has caused this Copyright Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above.

 

By:  

 

  Name:
  Title:
By:  

 

  Name:
  Title:

Accepted and Agreed:

 

CREDIT SUISSE, CAYMAN ISLANDS BRANCH,
as Collateral Agent
By:  

 

  Name:
  Title:

 

   D-4   


Schedule I to

the Copyright Security Agreement

COPYRIGHT REGISTRATIONS AND APPLICATIONS

 

   D-5   


Exhibit E to

the Pledge and Security Agreement

FORM OF PATENT SECURITY AGREEMENT

PATENT SECURITY AGREEMENT (this “Agreement”), dated as of [            ], 2007, made by each of the signatories hereto other than the Collateral Agent (as defined below) (together with any other entity that may become a party hereto as provided herein, the “Grantors”), in favor of CREDIT SUISSE, as collateral agent (in such capacity and together with its successors, the “Collateral Agent”) for (i) the banks and other financial institutions or entities (the “Lenders”) from time to time parties to the Credit Agreement dated as of [    ], 2007 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among MacDermid Holdings, LLC, a Delaware limited liability company, Matrix Acquisition Corp., a Connecticut corporation, MacDermid, Incorporated, a Connecticut corporation, the Lenders party thereto, Credit Suisse, as administrative agent and as collateral agent, Goldman Sachs Credit Partners L.P., as syndication agent, and CIBC World Markets Corp. and Bear Stearns & Co. Inc., as co-documentation agents, and (ii) the other Secured Parties.

Capitalized terms not otherwise defined herein have the meanings set forth in the Pledge and Security Agreement, dated as of [    ], 2007, among the signatories thereto other than the Collateral Agent, in favor of Credit Suisse, as collateral agent for the Lenders and the other Secured Parties (the “Pledge and Security Agreement”).

WHEREAS, pursuant to the Pledge and Security Agreement, the Grantors are granting a security interest to the Lenders and the other Secured Parties in certain Patents whether now owned or existing or hereafter acquired or arising and wherever located, including the Patents listed on Schedule I (“Secured Patents”).

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantors and the Collateral Agent hereby agree as follows:

 

  (i) Grant of Security Interest

(a) The Grantors hereby grant to the Collateral Agent, a security interest in and continuing lien on all of the Grantors’ right, title and interest in, to and under the Secured Patents, subject to the terms and conditions of the Pledge and Security Agreement.

(b) The security interest granted hereby is granted in conjunction with the security interest granted to the Collateral Agent under the Pledge and Security Agreement. In the event of any conflict between the terms of this Agreement and the terms of the Pledge and Security Agreement, the terms of the Pledge and Security Agreement shall control.

 

  (ii) Modification of Agreement

 

   E-1   


This Agreement or any provision hereof may not be changed, waived, or terminated except in accordance with the amendment provisions of the Pledge and Security Agreement pursuant to which the Collateral Agent may modify this Agreement, after obtaining the Grantors’ approval of or signature to such modification, by amending Schedule I to include reference to any right, title or interest in any existing Patents or any Patents acquired or developed by the Grantors after the execution hereof or to delete any reference to any right, title or interest in any Patents in which the Grantors no longer have or claim any right, title or interest.

 

  (iii) Governing Law

THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY, THE LAWS OF THE STATE OF NEW YORK.

(iv) Successors and Assigns

This Agreement shall be binding upon and inure to the benefit of the Collateral Agent and the Grantors and their respective successors and assigns. The Grantors shall not, without the prior written consent of the Collateral Agent given in accordance with the Credit Agreement, assign any right, duty or obligation hereunder.

(v) Counterparts

This Agreement may be executed in any number of counterparts and by the parties hereto on separate counterparts, each of which when so executed, shall be deemed to be an original and all of which taken together shall constitute one and the same instrument.

[Remainder of page intentionally left blank]

 

   E-2   


IN WITNESS. WHEREOF, each Grantor has caused this Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above.

 

By:  

 

  Name:
  Title:

Accepted and Agreed:

 

CREDIT SUISSE, CAYMAN ISLANDS BRANCH,
as Collateral Agent
By:  

 

Name:
Title:

 

   E-3   


SCHEDULE I to

the Patent Security Agreement

SECURED PATENTS

[see attached]

 

   E-4   


Annex 1 to

the Pledge and Security Agreement

FORM OF ASSUMPTION AGREEMENT

ASSUMPTION AGREEMENT, dated as of             , 20    , made by         , a [                    ] (the “Additional Grantor”), in favor of Credit Suisse, as collateral agent (in such capacity, together with its successors, the “Collateral Agent”) for the banks and other financial institutions (the “Lenders”) parties to the Credit Agreement referred to below and the other Secured Parties. All capitalized terms not defined herein shall have the meaning ascribed to them in such Credit Agreement.

WITNESSETH:

WHEREAS, MacDermid Holdings, LLC, Matrix Acquisition Corp. and MacDermid, Incorporated, the Lenders, the Collateral Agent and the other parties thereto have entered into a Credit Agreement, dated as of             , 2007 (as further amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”);

WHEREAS, in connection with the Credit Agreement, the Borrower and certain Grantors (other than the Additional Grantor) have entered into the Pledge and Security Agreement, dated as of             , 2007 (as further amended, restated, supplemented or otherwise modified from time to time, the “Pledge and Security Agreement”) in favor of the Collateral Agent for the Lenders and the other Secured Parties;

WHEREAS, the Credit Agreement requires the Additional Grantor to become a party to the Pledge and Security Agreement; and

WHEREAS, the Additional Grantor has agreed to execute and deliver this Assumption Agreement in order to become a party to the Pledge and Security Agreement;

NOW, THEREFORE, IT IS AGREED:

1. Pledge and Security Agreement. By executing and delivering this Assumption Agreement, the Additional Grantor, as provided in Section 7.14 of the Pledge and Security Agreement, hereby becomes a party to the Pledge and 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 Exhibit A hereto is hereby added to the information set forth in Schedules                      to the Pledge and Security Agreement. The Additional Grantor hereby represents and warrants that each of the representations and warranties contained in Section 3 of the Pledge and Security Agreement is true and correct on

Refer to each Schedule which needs to be supplemented.

 

     


and as of the date hereof (after giving effect to this Assumption Agreement) as if made on and as of such date.

2. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK.

IN WITNESS WHEREOF, the undersigned has caused this Assumption Agreement to be duly executed and delivered as of the date first above written.

 

[ADDITIONAL GRANTOR]
By:  
  Name:
  Title:

 

     


Exhibit A to

Annex I of the Pledge and Security Agreement

[see attached]

 

     


DISCLOSURE SCHEDULES

to

PLEDGE AND SECURITY AGREEMENT

made by

MACDERMID HOLDINGS, LLC,

MATRIX ACQUISITION CORP. and

MACDERMID, INCORPORATED (as successor to Matrix Acquisition Corp.),

and certain Subsidiaries of MacDermid, Incorporated

in favor of

CREDIT SUISSE, as Collateral Agent

dated as of April 12, 2007

 

     


INDEX OF SCHEDULES

 

3.02

   Filings and Other Actions Required to Perfect Security Interests

3.03

   Organizational Information

3.06(a)

   Description of Equity Instruments

3.06(b)

   Description of Pledged Debt Instruments

3.06(c)

   Description of Pledged Accounts

3.08(a)

   Intellectual Property

3.08(b)

   Subsistence; Expiration; Abandonment

3.08(c)

   Licenses, Etc.

3.08(d)

   Validity and Enforceability

3.08(e)

   Actions and Proceedings

3.08(g)

   Fees and Taxes

3.08(i)

   Filings and Recordations

3.09

   Letter of Credit Rights

3.10

   Commercial Tort Claims

7.02

   Notices

 

     


SCHEDULE 3.02

Filings and Other Actions Required to Perfect Security Interests

 

FILING

  

GRANTOR

  

JURISDICTION/OFFICE

UCC-1    MacDermid Holdings, LLC    Delaware — Secretary of State
UCC-1    Matrix Acquisition Corp.    Connecticut — Secretary of the State
UCC-1    MacDermid, Incorporated    Connecticut — Secretary of the State
UCC-1    Autotype Holdings (USA) Inc.    Illinois — Secretary of State
UCC-1    Bayport Chemical Service, Inc.    Texas — Secretary of State
UCC-1    Canning Gumm, LLC    Delaware — Secretary of State
UCC-1    Dynacircuits, LLC    Illinois — Secretary of State
UCC-1    Echo International, Inc.    Delaware — Secretary of State
UCC-1    Huntingdon Ave. Development LLC    Delaware — Secretary of State
UCC-1    MacDermid Acumen, Inc.    Delaware — Secretary of State
UCC-1    MacDermid Autotype Incorporated    Delaware — Secretary of State
UCC-1    MacDermid Brazil, Inc.    Delaware — Secretary of State
UCC-1    MacDermid Colorspan, Inc.    Delaware — Secretary of State
UCC-1    MacDermid Houston, Inc.    Delaware — Secretary of State
UCC-1    MacDermid Investment Corp.    Delaware — Secretary of State
UCC-1    MacDermid Offshore Solutions, LLC    Delaware — Secretary of State
UCC-1    MacDermid Overseas Asia Limited    Delaware — Secretary of State
UCC-1    MacDermid Printing Solutions Acumen, Inc.    Delaware — Secretary of State
UCC-1    MacDermid Printing Solutions, LLC    Delaware — Secretary of State
UCC-1    MacDermid South America, Incorporated    Delaware — Secretary of State
UCC-1    MacDermid South Atlantic, Incorporated    Delaware — Secretary of State
UCC-1    MacDermid Tartan, Inc.    Delaware — Secretary of State
UCC-1    MacDermid Texas, Inc.    Delaware — Secretary of State
UCC-1    MacDermid Tower, Inc.    Delaware — Secretary of State
UCC-1    MacDermid US Holdings, LLC    Delaware — Secretary of State
UCC-1    MRD Acquisition Corp.    Delaware — Secretary of State
UCC-1    Napp Printing Plate Distribution, Inc.    South Dakota — Secretary of State
UCC-1    Napp Systems (Europe), Ltd.    Iowa — Secretary of State
UCC-1    Napp Systems Inc.    Iowa — Secretary of State
UCC-1    PT France Holding Corp.    Delaware — Secretary of State
UCC-1    PT Sub, Inc.    Delaware — Secretary of State


FILING

  

GRANTOR

  

JURISDICTION/OFFICE

UCC-1   

Specialty Polymers, Inc.

   Massachusetts — Secretary of the Commonwealth
UCC-1    Supratech Systems Inc.    Delaware — Secretary of State
UCC-1    Vernon-Rockville Development, LLC    Connecticut — Secretary of the State
UCC-1    W. Canning Inc.    Delaware — Secretary of State
UCC-1    W. Canning, Ltd.    Texas — Secretary of State
UCC-1    W. Canning USA, LLC    Delaware — Secretary of State
UCC-1 (Fixtures)    MacDermid Printing Solutions, LLC    Fulton County, Georgia — Clerk of Superior Court
Copyright Security Agreement    MacDermid Acumen, Inc.    United States Copyright Office

Trademark Security

Agreement; Patent Security

Agreement

   MacDermid Acumen, Inc.    United States Patent and Trademark Office; Delaware — Secretary of State

Trademark Security

Agreement; Patent Security

Agreement

   MacDermid Colorspan, Inc.    United States Patent and Trademark Office; Delaware — Secretary of State

Trademark Security

Agreement; Patent Security

Agreement

   MacDermid Printing Solutions, LLC    United States Patent and Trademark Office; Delaware — Secretary of State

Trademark Security

Agreement; Patent Security

Agreement

   MacDermid, Incorporated    United States Patent and Trademark Office; Connecticut — Secretary of the State

Trademark Security

Agreement; Patent Security

Agreement

   Napp Systems Inc.   

United States Patent and Trademark Office;

Iowa — Secretary of State

Trademark Security

Agreement; Patent Security

Agreement

   PT Sub, Inc.    United States Patent and Trademark Office; Delaware — Secretary of State

Trademark Security

Agreement

   W. Canning Inc.    United States Patent and Trademark Office; Delaware — Secretary of State
Trademark Security Agreement    W. Canning, Ltd.   

United. States Patent and Trademark Office;

Texas — Secretary of State


   

Deposit Account Control Agreement, dated as of April 12, 2007, among MacDermid, Incorporated, Credit Suisse, as Collateral Agent and UMB Bank, n.a.

 

   

Deposit Account Control Agreement among MacDermid, Incorporated, Credit Suisse, as Collateral Agent and Bank of America, N.A.1

 

   

Securities Account Control Agreement among MacDermid, Incorporated, Credit Suisse, as Collateral Agent and MML Investment Services Inc.’

 

 

To be executed post-closing.


SCHEDULE 3.03

Organizational Information

(A) Legal Name; Jurisdiction of Organization; Organizational Identification Number; Location of Chief Executive Office

 

Legal Name of Grantor    Jurisdiction of Organization    Organizational
Identification No.
     Location of Chief Executive Office
MacDermid Holdings, LLC   

Delaware,

United States

   4267125     

c/o Court Square Capital Partners, L.P.

399 Park Avenue, 14th Floor

New York, New York 10022

United States

Matrix Acquisition Corp.   

Connecticut,

United States

   0881813     

c/o Court Square Capital Partners, L.P.

399 Park Avenue, 14th Floor

New York, New York 10022

United States

MacDermid, Incorporated   

Connecticut,

United States

   0088904     

1401 Blake Street

Denver, Colorado 80202

United States

Autotype Holdings (USA) Inc.   

Illinois,

United States

   60970041     

c/o MacDermid, Incorporated

701 Industrial Drive

Middletown, Delaware 19709

United States

Bayport Chemical Service, Inc.   

Texas,

United States

   0037683700     

c/o MacDermid Offshore Solutions LLC

223 North Brockman Street

Pasadena, Texas 77506

United States

Canning Gumm, LLC   

Delaware,

United States

   3023867     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

Dynacircuits, LLC   

Illinois,

United States

   00197688     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

Echo International, Inc.   

Delaware,

United States

   2895693     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

Huntingdon Ave. Development LLC   

Delaware,

United States

   3552672     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid Acumen, Inc.   

Delaware,

United States

   2809806     

c/o MacDermid, Incorporated

701 Industrial Drive

Middletown, Delaware 19709

United States


Legal Name of Grantor    Jurisdiction of Organization    Organizational
Identification No.
     Location of Chief Executive Office
MacDermid Autotype Incorporated   

Delaware,

United States

   0759927     

c/o MacDermid, Incorporated

701 Industrial Drive

Middletown, Delaware 19709

United States

MacDermid Brazil, Inc.   

Delaware,

United States

   3572816     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid Colorspan, Inc.   

Delaware,

United States

   3236076     

11311 K-Tel Drive

Minnetonka, Minnesota 55343

United States

MacDermid Houston, Inc.   

Delaware,

United States

   3103668     

c/o MacDermid Offshore Solutions LLC

223 North Brockman Street

Pasadena, Texas 77506

United States

MacDermid Investment Corp.   

Delaware,

United States

   2895696     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid Offshore Solutions, LLC   

Delaware,

United States

   3737831     

223 North Brockman Street

Pasadena, Texas 77506

United States

MacDermid Overseas Asia Limited   

Delaware,

United States

   2015431     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid Printing Solutions Acumen, Inc.   

Delaware,

United States

   3642806     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid Printing Solutions, LLC   

Delaware,

United States

   2439485     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid South America, Incorporated   

Delaware,

United States

   2174019     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid South Atlantic, Incorporated   

Delaware,

United States

   2036181     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 60702

United States

MacDermid Tartan, Inc.   

Delaware,

United States

   2958200     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States


Legal Name of Grantor    Jurisdiction of Organization    Organizational
Identification no.
      
MacDermid Texas, Inc.   

Delaware,

United States

   3103956     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid Tower, Inc.   

Delaware,

United States

   2958199     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MacDermid US Holdings, LLC   

Delaware,

United States

   3955414     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

MRD Acquisition Corp.   

Delaware,

United States

   3461598     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

Napp Printing Plate Distribution, Inc.   

South Dakota,

United States

   DB036190     

c/o MacDermid Napp

260 South Pacific Street

San Marcos, California 92078

United States

Napp Systems (Europe), Ltd.   

Iowa,

United States

   29386     

c/o MacDermid Canning Ltd.

Cale Lane

New Springs

Wigan WN2 1JR

United Kingdom

Napp Systems Inc.   

Iowa,

United States

   29388     

c/o MacDermid Napp

260 South Pacific Street

San Marcos, California 92078

United States

PT France Holding Corp.   

Delaware,

United States

   2461360     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

PT Sub, Inc.   

Delaware,

United States

   2450313     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

Specialty Polymers, Inc.   

Massachusetts,

United States

   042433206     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

Supratech Systems Inc.   

Delaware,

United States

   2314587     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States


Legal Name of Grantor    Jurisdiction of Organization    Organizational
Identification No.
     Location of Chief Executive Office
Vernon-Rockville Development, LLC    Connecticut, United States    0717739     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

W. Canning Inc.   

Delaware,

United States

   3103279     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

W. Canning, Ltd.   

Texas,

United States

   0012496810     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

W. Canning USA, LLC   

Delaware,

United States

   3023616     

c/o MacDermid, Incorporated

245 Freight Street

Waterbury, Connecticut 06702

United States

 

(B) Jurisdictions Not Requiring Maintenance of Public Record Showing the Grantor to Have Been Organized or Formed

None.

 

(C) Changes to Name, Jurisdiction of Organization, Chief Executive Office or Corporate Structure

 

Grantor(s)    Date of Change    Description of Change
MacDermid Holdings, LLC    April 11, 2007    f/k/a MDI Holdings, LLC
MacDermid Colorspan, Inc.    April 1, 2007   

Chief executive office relocated from 7090 Shady Oak Road, Eden Prairie, Minnesota 55344, United States to 11311 K-Tel Drive Minnetonka, Minnesota 55343

United States.

MacDermid, Incorporated    February 2, 2006    Sold MacDermid Equipment, Inc., a Connecticut corporation, to M.E. Baker Company.
MacDermid Autotype, Incorporated    July 26, 2005    f/k/a Autotype Americas Inc.
MacDermid Overseas Asia, Ltd.    June 30, 2005   

MacDermid Europe, Incorporated, a

Delaware corporation, merged with and into MacDermid Overseas Asia, Ltd.

Autotype Holdings (USA) Inc.    June 14, 2005    Acquired by G.B. Holdings Ltd., a United Kingdom private limited company.
PT France Holding Corp.    June 11, 2004    Sold MacDermid Holdings SAS, French societe par actions simplifiee, to Surface Treatments, Ltd., a United Kingdom public limited company.
MacDermid Offshore Solutions, LLC    December 19, 2003    f/k/a Offshore Fluids, LLC


Grantor(s)    Date of Change    Description of Change

MRD Acquisition Corp.

MacDermid Brazil, Inc.

   September 20, 2002    In connection with the acquisition of Anion Quimica Industrial Ltda. by MRD Acquisition Corp., Anion Quimica Industrial Ltda. converted into a joint stock company, the stock of which was subsequently transferred to both MacDermid Anion, Inc., a Delaware corporation, and MacDermid Brazil, Inc.
MacDermid Printing Solutions, LLC   

July 22, 2002

August 12, 2002

   Converted from and f/k/a MacDermid Graphic Arts, Inc., a Delaware corporation.


SCHEDULE 3.06(a)

Description of Equity Instruments

(A) Pledged Stock and Pledged LLC Interests

 

Grantor    Issuer    # of Shares/LLC
Interests Owned
    Total Issued and Outstanding
Shares/LLC Interests
    % of Interest Pledged  

MacDermid Holdings, LLC

  

MacDermid, Incorporated

    
 
48,398,971
Common Shares
  
  
    50,000,000        100   
       
 
 
305,120
Series A Preferred
Shares
  
  
  
    316,000        100   
       

 
 

2,150,000

Class A
Junior Shares

  

  
  

    2,150,000        100   

MacDermid, Incorporated

  

Dynacircuits, LLC

     51     100     100   
  

Huntington Avenue Development, LLC

     100     100     100   
  

MacDermid Acumen, Inc.

     100        100        100   
  

MacDermid Chemicals, Inc.

     59,900        59,900        65   
  

MacDermid US Holdings, LLC

     100        100     100   
  

MacDermid Investment Corp.

     100        100        100   
  

MacDermid Italiana S.r.1.

     400,000        20,000,000        65   
  

MacDermid Mexico S.A. de C.V.

     499        500        65   
  

MacDermid Overseas Asia Limited

     100        100        100   
  

MacDermid Printing Solutions, LLC

     100     100     100   
  

MacDermid South America,

Incorporated

     100        100        100   
  

MacDermid South Atlantic,

Incorporated

     100        100        100   
  

MacDermid Tartan, Inc.

     1,000        1,000        100   


Grantor    Issuer    # of Shares/LLC
Interests Owned
    Total Issued and Outstanding
Shares/LLC Interests
    % of Interest Pledged  
  

MacDermid Tower, Inc.

     1,000        1,000        100   
  

MRD Acquisition Corp.

     100        100        100   
  

Specialty Polymers, Inc.

     1,000        1,000        100   
  

Vernon-Rockville Development, LLC

     100     100     100   
  

W. Canning USA, LLC

     100     100     100   
  

Ytema Impressenter A.B.

     500        500        65   

Autotype Holdings (USA) Inc.

  

MacDermid Autotype, Incorporated

     1000        1000        100   

Echo International, Inc.

  

Dynacircuits, LLC

     49     100     100   

MacDermid Brazil, Inc.

  

Anion Quimica Industrial S.A.

     95     100    
 
 
To be determined
as per the Post-
Closing Letter.
  
 
  

MacDermid Investment Corp.

  

Echo International, Inc.

     100        100        100   
  

Tabitha Holdings BV

     396        400        65   

MacDermid Overseas Asia Limited

  

MacDermid Singapore Pte. Ltd.

     99,998        100,000        65   
  

MacDermid Taiwan Ltd.

     59,474        80,000        65   

MacDermid Printing Solutions, LLC

  

MacDermid Colorspan, Inc.

     100        100        100   
  

MacDermid Printing Solutions Acumen, Inc.

     100     100     100   
  

Napp Systems Inc.

     1,000,000        1,000,000        100   
  

PT France Holding Corp.

     100        100        100   
  

PT Sub, Inc.

     100        100        100   
  

PTI Mexico Holdings S. de R.L. de C.V.

     100        100        65   


Grantor    Issuer    # of Shares/LLC
Interests Owned
    Total Issued and Outstanding
Shares/LLC Interests
    % of Interest Pledged  
  

PTI Produtos Technicos Para Impressao Ltda.

     100        100        65   
  

Supratech Systems Inc.

     5,900        5,900        100   

MacDermid South America,

Incorporated

  

MacDermid de Brazil Ltd.

     100        100        65   

MacDermid South Atlantic, Incorporated

  

MacDermid Mexico S.A. de C.V.

     1        500        0   
  

MacDermid New Zealand Ltd.

     100        100        65   

MacDermid Tartan, Inc.

  

MacDermid (UK) Ltd.

     65        130        65   

MacDermid Tower, Inc.

  

MacDermid (UK) Ltd.

     65        130        65   

MacDermid US Holdings, LLC

  

Autotype Holdings (USA) Inc.

     100        100        100   

MRD Acquisition Corp.

  

MacDermid Anion, Inc.

     100        100     
  

MacDermid Brazil, Inc.

     100        100        100   

Napp Systems Inc.

  

Napp Printing Plate Distribution, Inc.

     25,000        25,000        100   
  

Napp Systems (Europe), Ltd.

     1,000        1,000        100   

W. Canning Inc.

  

Bayport Chemical Service, Inc.

     80        80        100   
  

MacDermid Houston, Inc.

     100        100        100   
  

MacDermid Texas, Inc.

     1        1        100   

W. Canning, Ltd.

  

MacDermid Offshore Solutions, LLC

     51     100     100   

W. Canning USA, LLC

  

Canning Gumm, LLC

     100     100     100   
  

W. Canning Inc.

     1        1        100   


(B) Pledged Partnership Interests

 

Grantor

   Issuer    /’/ of Partnership
Interests  Owned
    of Total Issued
and  Ontslandin!,
Partnership Interests
    Interest  

MacDermid Houston, Inc.

   W. Canning, Ltd.      1     100     100   

MacDermid Texas, Inc.

   W. Canning, Ltd.      99     100     100   

(C) Pledged Trust Interests

None.


SCHEDULE 3.06(b)

Description of Pledged Debt Instruments

 

(A) Pledged Debt Securities

None.

 

(B) Pledged Notes

None.


SCHEDULE 3.06(c)

Description of Pledged Accounts

(A) Securities Accounts

 

Grantor   

Name and Address of

Financial Institution

   Account
MacDermid, Incorporated    MML Investment Services Inc.    ###-######
   1295 State Street, W122   
   Springfield, Massachusetts 01111   

 

(B) Commodities Accounts

None.

 

(C) Deposit Accounts

 

Grantor   

Name and Address of

Financial Institutions

  

Account No. and

Type of Account

MacDermid, Incorporated    Bank of America    ########## (Concentration)
   100 West 33rd Street    Various accounts payable-related
   New York, New York 10001    accounts that are $0 balanced off of
      the concentration account
   ############## (Investment)   
   ############# (Investment)   
   UMB Bank    ########## (Primary Checking)
   1670 Broadway    ########## (Secondary Checking)
   Denver, Colorado 80202    ########## (Payroll)


SCHEDULE 3.08(a)

Intellectual Property

(A) Copyrights

 

Grantor    Copyrights    Registration Date    Status    Registration No.
MacDermid Acumen, Inc.    DMXK Printer with Output: Art Reproduction    January 26, 1998    Granted    VA-898-511
   DMPro Printer with Output: Advertisement    January 26, 1998    Granted    VA-866-544
   DMXK Printer with Man: Photoprint    March 2, 1998    Granted    VAu-277-256
   Colormark Color Management System: Computer Program    May 30, 1997    Granted    TXu-701-003
   Colormark Color Management System: Computer Program    May 16, 1997    Granted    TXu-700-992

 

(B) Patents

See Annex 1 attached hereto.

 

(C) Trademarks

See Annex 2 attached hereto.

 

(D) Exceptions to Exclusive Ownership of Entire and Unencumbered Right, Title and Interest

None.


Annex I to Schedule 3.08(a)

Patent


MacDermid Acumen, Inc. Patents

 

Docket No./Sub Case

  Country   Application No.     Filing Date     Patent No.     Issue Date   Status
2156-002              
    US     08/117993        08-Sep-1993        5332465      26-Jul-1994   Granted
2156-003              
    US     08/173908        23-Dec-1993        5362334      08-Nov-1994   Granted
2156-004              
    US     08/148551        08-Nov-1993        5376189      27-Dec-1994   Granted
2156-006              
    US     08/509027        28-Jul-1995        5525207      11-Jun-1996   Granted
2156-007              
    US     08/0255249        07-Jun-1994        5431739      11-Jul-1995   Granted
2156-00L              
    US     07/333072        04-Apr-1989        5065228      12-Nov-1991   Granted
2156-011              
    US     08/296697        26-Aug-1994        5431959      11-Jul-1995   Granted
2156-013              
  A   US     08/296706        26-Aug-1994        5474798      12-Dec-1995   Granted
  C   US     08/814901        12-Mar-1997        6403146      11-Jun-2002   Granted
2156-014              
  A   US     08/386755        10-Feb-1995        5536386      16-Jul-1996   Granted
  B   US     08/603606        21-Feb-1996        5632927      27-May-1997   Granted
2156-015              
  A   US     08/412286        28-Mar-1995        5545510      13-Aug-1996   Granted
  B   US     08/617496        15-Mar-1996        5654126      05-Aug-1997   Granted
  C   US     08/798156        10-Feb-1997        5763140      09-Jun-1998   Granted*
2156-017              
    US     08/726546        07-Oct-1996        5648200      15-Jul-1997   Granted
2156-018              
  A   US     08/324114        14-Oct-1994        5468515      21-Nov-1995   Granted
  B   US     08/409673        22-Mar-1995        5518760      21-May-1996   Granted
2156-019              
    US     08/499835        10-Jul-1995        6547559      20-Aug-1996   Granted

 

* USPTO records list owner of record as MacDermid, Inc.

 

3/12/2007    Page 1 of 9


Docket No./Sub Case

  Country   Applicatton No.   Filing Date   Patent No.   Issue Date   Status
2156-020              
    US   081618025   22-Aug-1995   5620612   15-Apr-1997   Granted
2156-021              
  B   US   08/739949   30-Oct-1996   5693364   02-0e9-1997   Granted
  C   US   08/870998   06-Jun-1997   5869126   09-Feb-1999   Granted*
2156-022              
  A   US   08/546790   23-Oct-1995   5641608   24-Jun-1997   Granted
  D   US   10/190873   08-Jul-2002   6632588   140ct-2003   Granted*
2156-025              
    US   08/522972   01-Sep-1995   5510014   23-Apr-1996   Granted
2156-033              
    US   08/710977   24-Sep-1996   5674372   07-Oct-1997   Granted
2156-036              
    US   081879092   19-Jun-1997   5919602   06-Ju1-1999   Granted
2156-0984              
    TW   92122858   20-Aug-2003   1261075   01-Sep-2006   Granted
2156-100              
  D   US   08/299010   31-Aug-1994   5577172   19-Nov-1996   Granted
2156-1014              
    US   08/298122   30-Aug-1994   5469201   21-Nov-1995   Granted
2156-1024              
  A   US   08/139576   20-Oct-1993   5369429   29-Nov-1994   Granted
  B   US   08/604401   21-Feb-1996   5629727   13-May-1997   Granted
  C   US   08/763361   11-Dec-1996   5751321   12-May-1998   Granted
2156-103A              
    US   071434318   13-Nov-1989   5041848   20-Aug-1991   Granted
2156-103B              
    US   07/591537   02-Oct1990   5212559   18-May-1993   Granted
2156-103C              
    US   07/612686   14-Nov-1990   5122884   16-Jun-1992   Granted
2156-104A              
    US   08/231275   22-Apr-1994   5367328   22-Nov-1994   Granted
  B   US   08/972829   18-Nov-1997   5877793   02-Mar-1999   Granted

 

* USPTO records list owner of record as MacDermid, Inc.

 

3/12/2007    Page 2 of 9


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  C   US   09/257450   25-Feb-1999   6164766   26-Dec-2000   Granted
2156-105A              
    US   09/524872   14-Mar-2000   6478862   12-Nov-2002   Granted
2156-106A              
    US   09/303280   30-Apr-1999   6231654   15-May-2001   Granted
2156-107A              
  A   US   08/711815   10-Sep-1996   5833743   10-Nov-1998   Granted
  B   US   08/978907   26-Nov-1997   6290762   18-Sep-2001   Granted
2156-1084              
    US   08/939561   29-Sep-1997   6220693   24-Apr-2001   Granted
2156-110              
  B   US   08/425107   20-Apr-1995   5969729   19-Oct-1999   Granted
2156-111A              
  A   US   08/285059   01-Aug-1994   5516219   14-May-1996   Granted
2156-112              
  A   US   08/319491   07-Oct-1994   5572632   05-Nov-1996   Granted
  B   US   08/414577   31-Mar-1995   5710677   20-Jan-1998   Granted
2156-113A              
    US   08/337074   10-Nov-1994   5805183   08-Sep-1998   Granted
2156-114A              
    US   08/603548   20-Feb-1996   5825394   20-Oct-1998   Granted
2156-115A              
    US   08/337295   10-Nov-1994   5574078   12-Nov-1996   Granted
2156-116A              
    JP   8-508890   28-Aug-4995   3520090   06-Feb-2004   Granted
    US   08/299291   31-Aug-1994   5608442   04-Mar-1997   Granted
2156-122A              
    US   09/260925   02-Mar-1999   6419340   18,101-2002   Granted
2156-128A              
    US   08/337109   10-Nov-1994   5751303   12-May-1998   Granted
2156-133A              
      08/922297   03-Sep-1997   6467867   22-Oct-2002   Granted
2I56-134A              

 

3/12/2007    Page 3 of 9


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    US   D8/146506   01-Nov-1993   5519426   21-May-1996   Granted
  B   US   08/298936   31-Aug-1994   5661514   26-Aug-1997   Granted
2156-135A              
    US   08/197966   17-Feb-1994   5790150   04-Aug-1998   Granted
2156-1364              
    US   081220280   30-Mar-1994   5499305   12-Mar-1996   Granted
2156-137A              
    US   08/337080   10-Nov-1994   5592202   07-Jan-1997   Granted
2156-138A              
    US   081711992   10-Sep-1996   5889534   30-Mar-1999   Granted
2156-139A              
    US   08/711796   10-Sep-1996   5871292   16-Feb-1999   Granted
2156-139B              
    US   09/042769   17-Mar-1998   6461064   08-Oct-2002   Granted
2156-140A              
    US   08/709804   10-Sep-1996   5797186   25-Aug-1998   Granted
2156-142A              
  2   US   09/452323   30-Nov-1999   6485140   26-Nov-2002   Granted
2156-144A              
    US   09/451692   30-Nov-1999   6361230   26-Mar-2002   Granted
2156-146              
  A   US   09/251531   17-Feb-1999   6308626   30-Oct-2001   Granted
  B   US   09/947029   05-Sep-2001   6425329   30-Jul-2002   Granted
2156-146A              
    US   09/252375   18-Feb-1999   6290332   18-Sep-2001   Granted
2156-162A              
    US   09/251951   17-Feb-1999   6478492   12-Nov-2002   Granted
2156-22596              
  A   US   07/260147   20-Oct-1988   4900880   13-Feb-1990   Granted
  B   US   07/392817   10-Aug-1989   4947787   14-Aug-1990   Granted
2156-2782              
    US   08/879089   19-Jun-1997   5925719   20-Jul-1999   Granted
2156-3157              

 

3/12/2007    Page 4 of 9


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    US   07/264223   28-Oct-1988   5114830   19May-1992   Granted
2156-3322              
    US   07/691659   26-Apr-1991   5238709   24-Aug-1993   Granted
2156-3492              
    DE   98928861.8   08-Jun-1998   698238257   12-May-2004   Granted
    EP   98928861.8   08-Jun-1998   0991682   12-May-2004   Granted
    ES   98928851.8   08-Jun-1998   0991682   12-May-2004   Granted
    FR   98928861.8   08-Jun-1998   0991682   12-May-2004   Granted
    GB   98928861.8   08-Jun-1998   0991682   12-May-2004   Granted
    IT   98928861.8   08-Jun-1998   0991682   12-May-2004   Granted
    US   08/878663   19-Jun-1997   6045857   04-Apr-2000   Granted
2156-400              
  A   CN   2004800298744   07-Sep-2004       Published
  A   EP   04783179.7   07-Sep-2004       Published
  A   JP   535490/06   07-Sep-2004       Published
  A   US   10/685195   14-Oct-2003   6942324   13-Sep-2005   Granted
2156-401              
  A   US   11/704509   09-Feb-2007       Pending
2156-501-046              
    US   07/250991   27-Sep-1988   4931148   05-Jun-1990   Granted
2156-501-063              
    US   07/331039   29-Mar-1989   4976990   11-Dec-1990   Granted
2156-501-064              
    US   07/165752   09-Mar-1985   4853095   01-Aug-1989   Granted
2156-501-069              
    US   07/109955   19-Oct-1987   40613060   19-Sep-1989   Granted
2156-501-070              
    US   07/043325   28-Apr-1987   4782007   01-Nov-1988   Granted
2156-501-071              
    US   07/127783   02-Dec-1987   4831210   16-May-1989   Granted
2156-501-086              
    US   07/089741   26-Aug-1987   4775444   04-Oct-1988   Granted
2156-501-096              
    US   07/139569   29-Dec-1987   4784785   15-Nov-1988   Granted

 

3/12/2007    Page 5 of 9


Docket No./Sub Case

 

Country

  Application No.   Filing Date   Patent No.   Issue Date   Status
2156-501-109            
  US   07/243692   13-Sep-1988   4849059   18-Jul-1989   Granted
2156-501-116            
  US   07/302108   24-Jan-1989   4950504   21-Aug-1990   Granted
2156-501-118            
  US   07/329014   27-Mar-1989   4911802   27-Mar-1990   Granted
2156-501-120            
  US   07/350148   10-May-1989   4938853   03-Jul-1990   Granted
2156-501-124            
  US   07/334918   07-Apr-1989   4957653   18-Sep-1990   Granted
2156-501-126            
  US   07/361548   05-Jun-1989   4944851   31-Jul-1990   Granted
2156-501-127            
  US   07/386887   28-Jul-1989   4921571   01-May-1990   Granted
2156-501-137            
  US   07/431680   03-Nov-1989   5032427   16-Jul-1991   Granted
2156-501-142            
  US   07/480911   16-Feb-1990   5037482   06-Aug-1991   Granted
2156-501-144            
  US   07/493296   14-Mar-1990   5077099   31-Dec-1991   Granted
2156-501-145            
  US   07/508699   09-Apr-1990   5080733   14-Jan-1992   Granted
2156-501-146            
  US   07/496337   20-Mar-1990   4978422   18-Dec-1990   Granted
2156-501-148            
  US   07/689666   23-Apr-1991   5147692   15-Sep-1992   Granted
2156-501-149            
  US   07/532372   04-Jun-1990   5334240   02-Aug-1994   Granted
2156-501-150            
  US   07/532387   04-Jun-1990   5104888   14-Apr-1992   Granted
2156-501-151            
  US   07/512067   18-Apr-1990   5132038   21-Jul-1992   Granted

 

3/12/2007    Page 6 of 9


Docket No./Sub Case

      Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-501-170              
    US   07/554126   17-Jul-1990   5017267   21-May-1991   Granted
2156-501-172              
    US   07/581030   12-Sep-1990   5235139   10-Aug-1993   Granted
2156-501-179              
    US   07/614929   18-Nov-1990   6248398   28-Sep-1993   Granted
2156-501-189              
    US   07/800144   27-Nov-1991   5194140   16-Mar-1993   Granted
2156-501-200              
    US   07/713838   10-Jun-1991   5213840   25-May-1993   Granted
2156-501-204              
    US   07/783974   29-Oct-1991   5289630   01-Mar-1994   Granted
2156-501-206              
    US   07/852791   17-Mar-1992   5207867   04-May-1993   Granted
2156-501-219              
    US   071871852   21-Apr-1992   5261154   16-Nov-1993   Granted
2156-501-230              
    US   07/938029   28-Aug-1992   5296334   22-Mar-1994   Granted
2156-501-237              
    US   08/097138   26401-1993   5290608   01-Mar-1994   Granted
2156-502-015              
  1   US   08/109010   18-Aug-1993   5403650   04Apr-1995   Granted
  2   US   08/413496   30-Mar-1995   5565235   15-Oct-1996   Granted
2156-503-006              
    US   07/055552   29-May-1987   4718993   12Jan-1988   Granted
2156-503-008              
    US   07/341614   21-Apr-1989   4874477   17-Oct-1989   Granted
2156-503-009              
    US   07/342492   24-Apr-1989   4897164   30-Jan-1990   Granted
2156-503-010              
    US   07/507811   12-Apr-1990   4964959   23-Oct-1990   Granted
2156-503-011              

 

3/12/2007    Page 7 of 9


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    US   07/499229   26-Mar-1990   5015339   14-May-1991   Granted
2156-503-012              
    US   07/663344   04-Mar-1991   5110355   05-May-1992   Granted
2156-503-013              
    US   07/545224   211-Jun-1990   4994153   19-Feb-1991   Granted
2156-503-014              
    US   07/556053   23-Jul-1990   5106537   21-Apr-1992   Granted
2156-503-016              
    US   07/531602   01-Jun-1990   5143592   01-Sep-1992   Granted
2156-503-017              
  B   US   07/747066   19-Aug-1991   5139642   18-Aug-1992   Granted
2156-609              
  A   CN   2004800283679   16-Sep-2004       Published
  A   EP   04784266.1   16-Sep-2004       Published
  A   HK           Unfiled
  A   JP   536626/06   16-Sep-2004       Published
  A   TW   93130190   06-Oct-2004       Published
  A   US   10/694375   27-Oct-2003   6972143   06-Dec-2005   Granted
2156-611              
  A   1W   93130192   06-Oct-2004   1254086   01-May-2006   Granted
  A   US   10/705026   10-Nov-2003   7063800   20-Jun-2006   Granted
2156-709              
    US   10/470792   13-Mar-2002       Published
2156-7281              
    US   07/184463   21-Apr-1988   4888200   19-Dec-1989   Granted
2156-8205              
    US   07/871365   20-Apr-1992   5232815   03-Aug-1993   Granted
2156-8861              
    US   08/348674   02-Dec-1994   5508141   16-Apr-1996   Granted
2156-11-12              
    US   08/295326   24-Aug-1994   5776661   07-Jul-1998   Granted
2156-11-13              
    US   07/390133   07-Aug-1989   4970033   13-Nov-1990   Granted

 

3/12/2007    Page 8 of 9


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-H-15              
    US   07/965197   26-Oct-1992   5381735   17-Jan-1995   Granted
2156-H-17              
    US   07/814986   23-Dec-1991   5341799   30-Aug-1994   Granted
2156-H-22              
    US   08/120839   16-Sep-1993   6348605   20-Sep-1994   Granted
2156-H-31              
  B   US   08/711476   06-Sep-1996   5688633   18-Nov-1997   Granted
2156-H-37              
    US   08/650213   20-May-1996   5601965   11-Feb-1997   Granted
2156-H-39              
    US   08/304612   12-Sep-1994   5415972   16-May-1995   Granted
2156-H-41              
    US   08/279986   25-Jul-1994   5419998   30-May-1995   Granted
2156-H-45              
    US   08/680159   15-Jul-1996   5733948   31-Mar-1998   Granted
2156-H-56              
    US   08/537567   02-Oct-1995   5753414   19-May-1998   Granted
2156-H-62              
    US   07/466014   16-Jan-1990   5005477   09-Apr-1991   Granted
2156-H-64              
    US   07/148324   25-Jan-1988   4866212   08-Aug-1989   Granted
2156-H-65              
    US   07/749488   15-Aug-1991   5217847   08-Jun-1993   Granted
2156-H-A              
    US   08/741700   31-Oct-1996   5699739   23-Dec-1997   Granted

 

3/12/2007    Page 9 of 9


MacDermid Colorspan, Inc. - Patents

 

Docket No.  

Country

  Application No.   Filing Date.   Patent No.   Issue Date   Status
2156-086            
  US   10/244235   16-Sep-2002       Published
2156-109            
  US   10/057569   25-Jan-2002   6715868   08-Apr-2004   Granted
2156-124            
  US   10/102048   20-Mar-2002   6789876   14-Sep-2004   Granted

 

3/12/2007    Page 1 of 1


MacDermid Graphic Arts, Inc. - Patents

 

Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-088              
  A   DE   03707752.6   07-Feb-2003   1488285   04-Oct-2008   Granted
  A   EP   03707752.6   07-Feb-2003   1488235   04-Oct-2006   Granted
  A   ES   03707752.6   07-Feb-2003   1488285   04-Oct-2006   Granted
  A   FR   03707752.6   07-Feb-2003   1488285   04-Oct-2006   Granted
  A   GB   03707752.6   07-Feb-2003   1488285   04-Oct-2006   Granted
  A   HK   05100554.3   21-Jan-2005       Published
  A   IT   03707752.6   07-Feb-2003   1488285   04-Oct-2006   Granted
  A   US   10/105898   25-Mar-2002   6806018   19-Oct-2004   Granted
2156-127A              
    CA   2387424   18-Sep-2000       Pending
    EP   00983574.9   18-Sep-2000       Published
    US   09/415811   11-Oct-1999   6413699   02-Jul-2002   Granted
  A   US   10/752484   06-Jan-2004       Pending
  Al   CM   00814051.0   18-Sep-2000   00814061.0   04-Oct-2006   Granted
  Al   JP   2001-530647   18-Sep-2000   3856697   22-Sep-2006   Granted
  A2   CN   2005101150863   18-Sep-2000       Published
  A2   JP   2004-139848   18-Sep-2000       Appealed
2156-129A              
    CA   2387606   17-Nov-2000       Pending
    CN   00818152.7   17-Nov-2000   00818152.7   01-Jun-2005   Granted
    DE   00980445.1   17-Nov-2000   6002747560   19-Apr-2006   Granted
    EP   00980445.1   17-Nov-2000   1257881   19-Apr-2006   Granted
    ES   00980445.1   17-Nov-2000   1257881   19-Apr-2006   Granted
    FR   00980445.1   17-Nov-2000   1257881   19-Apr-2006   Granted
    GB   00980445.1   17-Nov-2000   1257881   19-Apr-2006   Granted
    IT   00980445.1   17-Nov-2000   1257881   19-Apr-2006   Granted
    JP   2001-562264   17-Nov-2000   3484470   22-Aug-2003   Granted
    US   09/507840   22-Feb-2000   6367381   09-Apr-2002   Granted
2156-131C              
    US   09/704320   02-Nov-2000   6399281   04-Jun-2002   Granted
2156-131D              

 

3/12/2007    Page 1 of 2


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    CA   2387427   18-Sep-2000       Pending
    CN   00814180.0   18-Sep-2000   00814180.0   10-Aug-2005   Granted
    US   09/417043   12-Oct-1999   6312872   06-Nov-2001   Granted
2156-131E              
    US   09/922826   06-Apr-2001   6472121   29-Oct-2002   Granted
2156-154A              
    EP   02725427.5   28-Mar-2002       Published
    JP   508558/03   28-Mar-2002       Published
    US   09/894286   28-Jun-2001   6536342   25-Mar-2003   Granted
  B   US   10/295615   15-Nov-2002   6798232   28-Sep-2004   Granted
2156-155A              
  2   US   09/535353   24-Mar-2000   6423472   23-Jul-2002   Granted

 

3/12/2007    Page 2 of 2


MacDermid Imaging Technology, Inc. - Patents

 

Docket No.

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-00R            
  CA   2345517   28-Sep-1998   2345517   21-Mar-2006   Granted
  DE   98950730.6   28-Sep-1998   69832423408   16-Nov-2005   Granted
  EP   98950730.6   28-Sep-1998   1149328   16-Nov-2005   Granted
  ES   98950730.6   28-Sep-1998   1149328   16-Nov-2005   Granted
  FR   98950730.6   28-Sep-1998   1149328   16-Nov-2005   Granted
  GB   98950730.5   28-Sep-1998   1149328   16-Nov-2005   Granted
  IT   98950730.6   26-Sep-1998   1149328   16-Nov-2005   Granted
  JP   2000-572712   26-Sep-1998       Published
  US   08/829321   27-Mar-1997   5813342   29-Sep-1998   Granted
2156-00S            
  BE   98908645.9   23-Feb-1998   0902914   25-Jan-2006   Granted
  DE   98908645.9   23-Feb-1998   698333098   25-Jan-2008   Granted
  EP   98908645.9   23-Feb-1998   0902914   25-Jan-2006   Granted
  ES   98908845.9   23-Feb-1998   0902914   25-Jan-2006   Granted
  FR   98908645.9   23-Feb-1998   0902914   25-Jan-2006   Granted
  GB   98908645.9   23-Feb-1998   0902914   25-Jan-2006   Granted
  IT   98908645.9   23-Feb-1998   0902914   25-Jan-2006   Granted
  JP   541623/98   23-Feb-1998       Published
  US   08/831218   02-Apr-1997   5877848   02-Mar-1999   Granted
2156-034            
  US   08/719968   24-Sep-1996   6555292   29-Apr-2003   Granted
2156-037            
  US   08/790446   29-Jan-1997   5985460   12-Oct-1999   Granted
2156-046            
  US   08/982713   02-Dec-1997   6010822   04-Jan2000   Granted
2156-11-12            
  CA   2156471   18-Aug-1995   2156471   11-Jul-2006   Granted
  DE   95113237.2   23-Aug-1995   0706092   06-Oct-1999   Granted
  EP   95113237.2   23-Aug-1995   0706092   06-Oct-1999   Granted
  ES   95113237.2   23-Aug-1995   0706092   06-Oct-1999   Granted
  FR   95113237.2   23-Aug-1995   0706092   06-Oct-1999   Granted
  GB   95113237.2   23-Aug-1995   0706092   06-Oct-1999   Granted
2156-11-31            

 

3/12/2007    Page 1 of 3


Docket No.

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  DE   95119555.1   12-Dec-1995   69512007T2   08-Sep-1999   Granted
  EP   95119555.1   12-Dec-1995   0717320   08-Sep-1999   Granted
  ES   95119555.1   12-Dec-1995   0717320   08-Sep-1999   Granted
  FR   95119555.1   12-Dec-1995   0717320   08-Sep-1999   Granted
  GB   95119555.1   12-Dec-1995   0717320   08-Sep-1999   Granted
2156-11-36            
  DE   951153220   28-Sep-1995   69506982   30-Dec-1998   Granted
  EP   951153220   28-Sep-1995   0706091   30-Dec-1998   Granted
  FR   951153220   28-Sep-1995   0706091   30-Dec-1998   Granted
  GB   951153220   28-Sep-1995   0706091   30-Dec-1998   Granted
  HK   98110658.5   28-Sep-1995   1009987   28-Apr-2000   Granted
  IT   951153220   28-Sep-1995   0706091   30-Dec-1998   Granted
2156-11-37            
  DE   921187027   01-Nov-1992   0540050   28-Jul-1997   Granted
  EP   921187027   01-Nov-1992   0540050   23-Jul-1997   Granted
  FR   921187027   01-Nov-1992   0540050   23-Jul-1997   Granted
  GB   921187027   01-Nov-1992   0540050   23-Jul-1997   Granted
  IT   921187027   01-Nov-1992   0540050   23-Jul-1997   Granted
  TW   81108814   04-Nov-1992   14178064   03-Jun-2002   Granted
215641-38            
  DE   921187019   01-Nov-1992   0545081   23-Dec-1998   Granted
  EP   921187019   01-Nov-1992   0545081   23-Dec-1998   Granted
  FR   921187019   01-Nov-1992   0545081   23-Dec-1998   Granted
  GB   921187019   01-Nov-1992   0545081   23-Dec-1998   Granted
  IT   921187019   01-Nov-1992   0545081   23-Dec-1998   Granted
2156-H-40            
  DE   94309909.3   29-Dec-1994   694240311   19-Apr-2000   Granted
  EP   94309909.3   29-Dec-1994   0665468   19-Apr-2000   Granted
  FR   94309909.3   29-Dec-1994   0665468   19-Apr-2000   Granted
  GB   94309909.3   29-Dec-1994   0665468   19-Apr-2000   Granted
  IT   94309909.3   29-Dec-1994   0685468   19-Apr-2000   Granted
2156-11-64            
  TW   77102503   15-Apr-1908   N1048039   10-Jun-2002   Granted
2156-11-65            
  EP   90120278.8   23-Oct-1990   0424866   02-Apr-1997   Granted
  GB   90120278.8   23-Oct-1990   0424886   02-Apr-1997   Granted
  IT   90120278.8   23-Oct-1990   0424866   02-Apr-1997   Granted
  TW   79107700   13-Sep-1990   N159162   19-Feb-1993   Granted

 

3/12/2007   

Page 2 of 3


Docket No.

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-H-68            
  DE   913032348   11-Apr-1991   P691289433   25-Feb-1998   Granted
  EP   913032348   11-Apr-1991   0452139   25-Feb-1998   Granted
  FR   913032348   11-Apr-1991   0452139   25-Feb-1998   Granted
  GB   913032348   11-Apr-1991   0452139   25-Feb-1998   Granted
2156-H-69            
  US   08/669890   13-Aug-1996   5750315   12-May-1998   Granted
  US   09/014138   27-Jan-1998   5962111   05-Oct-1999   Granted*
2156-H-71            
  US   08/829321   27-Mar-1997   5813342   29-Sep-1998   Granted
2156-H-72            
  US   08/997626   23-Dec-1997   5875717   02-Mar-1999   Granted
2156-H-73            
  US   06/831218   02-Apr-1997   5877848   02-Mar-1999   Granted
2156-H-75            
  US   06/829322   27-Mar-1997   5989780   23-Nov.1999   Granted

 

 

* USPTO records list owner of record as MacDermid, Inc.

 

3/12/2007    Page 3 of 3


MacDermid, Incorporated Patents

 

Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue _Date   Status
2156-002              
    DE   94303678.0   23-May-1994   P694024902   09-Apr-1997   Granted
    EP   84303678.0   23-May-1994   0641870   09-Apr-1987   Granted
    ES   94303678.0   23-May-1994   0641870   09-Apr-1997   Granted
    FR   94303678.0   23-May-1994   0641870   09-Apr-1997   Granted
    GB   94303678.0   23-May-1994   0641870   09-Apr-1997   Granted
2156-00K              
    US   08/987682   09-Dec-1997   5922414   13-Jul-1999   Granted
2156-014              
  A   DE   96300797.6   06-Feb-1998   69634651.6   27-Apr-2005   Granted
  A   EP   96300797.6   06-Feb-1996   0726337   27-Apr-2005   Granted
  A   ES   96300797.6   06-Feb-1996   0726337   27-Apr-2005   Granted
  A   FR   96300797.6   06-Feb-1996   0726337   27-Apr-2005   Granted
  A   GB   96300797.6   06-Feb-1996   0726337   27-Apr-2005   Granted
  A   JP   18626/1996   05-Feb-1996   3284489   08-Mar-2002   Granted
  C   US   08/805636   26-Feb-1997   5759378   02-Jun-1998   Granted
2156-015              
  A   DE   96301956.7   21-Mar-1996   696305550.0   05-Nov-2003   Granted
  A   EP   96301956.7   21-Mar-1996   0735809   05-Nov-2003   Granted
  A   FR   98301956.7   21-Mar-1996   0735809   05-Nov-2003   Granted
  A   GB   96301956.7   21-Mar-1996   0735800   05-Nov-2003   Granted
2156-018              
    DE   95305962.3   25-Aug-1995   0707093   28-Oct-1998   Granted
    EP   95305962.3   25-Aug-1995   0707093   28-Oct-1998   Granted
    ES   95305962.3   25-Aug-1995   0707093   28-Oct-1998   Granted
    FR   95305962.3   25-Aug-1995   0707093   28-Oct-1998   Granted
    GB   95305962.3   25-Aug-1995   0707093   28-Oct-1998   Granted
    JP   2250021995   01-Sep-1995   3336535   09-Aug-2002   Granted
2156-024              
    US   08/823806   24-Mar-1997   5792278   11-Aug-1998   Granted

 

3/12/2007    Page 1 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-026              
    US   08/717770   23-Sep-1996   6044550   04-Apr-2000   Granted
2156-027              
    US   08/719000   24-Sep-1996   5747098   05-May-1998   Granted
2156-028              
    US   08/718897   24-Sep-1996   6023842   15-Feb-2000   Granted
2156-030              
  A   JP   64204/1997   18-Mar-1997   3220784   17-Aug-2001   Granted
  A   US   08/621098   22-Mar-1998   5733599   31-Mar-1998   Granted
  Al   DE   97301116.6   20-Feb-1997   69728812908   28-Apr-2004   Granted
  Al   EP   97301116.6   20-Feb-1997   0797380   28-Apr-2004   Granted
  Al   ES   97301116.6   20-Feb-1997   079738D   28-Apr-2004   Granted
  Al   FR   97301116.6   20-Feb-1997   0797380   28-Apr-2004   Granted
  Al   GB   97301116.6   20-Feb-1997   0797380   28-Apr-2004   Granted
  Al   IT   97301116.6   20-Feb-1997   0797380   28-Apr-2004   Granted
  A2   EP   03076727.1   20-Feb-1997       Published
  A3   EP   03078107.4   20-Feb-1997       Published
  B   US   08/982980   02-Dec-1997   5935640   10-Aug-1999   Granted
2156-032              
    US   06/711052   09-Sep-1996   5814163   29-Sep-1998   Granted
2156-033              
    DE   973043227   19-Jun-1997   69701944   10-May-2000   Granted
    EP   97304322.7   19-Jun-1997   0832994   10-May-2000   Granted
    ES   973043227   19-Jun-1997   0832994   10-May-2000   Granted
    FR   973043227   19-Jun-1997   0832994   10-May-2000   Granted
    GB   973043227   19-Jun-1997   0832994   10-May-2000   Granted
    IT   973043227   19-Jun-1997   0832994   10-May-2000   Granted
    JP   175464/1997   01-Jul-1997   3261569   21-Dec-2001   Granted
2156-035              
    BE   97307983.3   09-Oct-1997   0837623   18-Aug-2004   Granted
    DE   97307983.3   09-Oct-1997   69730288.1   18-Aug-2004   Granted
    EP   97307983.3   09-Oct-1997   0837623   18-Aug-2004   Granted
    ES   97307983.3   09-Oct-1997   0837623   18-Aug-2004   Granted

 

3/12/2007    Page 2 of 17


Docket No./Sub Case

  Application No.   Filing Date   Patent No.   Issue Date   Status
  FR   97307983.3   09-Oct-1997   0837623   18-Aug-2004   Granted
  GB   97307983.3   09-Oct-1997   0837623   18-Aug-2004   Granted
  IT   97307983.3   09-Oct-1997   0837623   18-Aug-2004   Granted
  JP   283240/1997   16-Oct-1997   3650514   25-Feb-2005   Granted
2156-035 CIP            
  CA   2405830   07-Mar-2001       Pending
  CN   01811722.8   07-Mar-2001   01811722.8   06-Jul-2005   Granted
  TW   90107355   28-Mar-2001   1221757   01-Oct-2004   Granted
  US   09/603978   27-Jun-2000   6281090   28-Aug-2001   Granted
2156-038            
  JP   342373/1997   12-Dec-1997       Appealed
2156-040            
  US   08/846635   30-Apr-1997   5843517   01-Dec-1998   Granted
2156-041            
  US   08/790492   29-Jan-1997   5861234   19-Jan-1999   Granted
2156-043            
  JP   161632/1998   10-Jun-1998   3471610   12Sep2003   Granted
  US   08/873992   12-Jun-1997   5869130   09-Feb-1999   Granted
2156-045            
  DE   98309198.4   10-Nov-1998   69324133   26-May-2004   Granted
  EP   98309198.4   10-Nov-1998   0928263   26-May-2004   Granted
  ES   98309198.4   10-Nov-1998   0926263   284May-2004   Granted
  FR   98309198.4   10-Nov-1998   0926263   26-May-2004   Granted
  GB   98309198.4   10-Nov-1998   0926263   26-May-2004   Granted
  IT   98309198.4   10-Nov-1998   0928263   26-May-2004   Granted
  JP   326317/1998   17-Nov-1998   3605520   08-Oct-2004   Granted
  US   08V972213   17-Nov-1997   8120639   19-Sep-2000   Granted
2156-049            
  EP   99303256.4   27-Apr-1999       Published
  JP   1926821999   07-Jul-1999   3348244   13-Sep-2002   Granted
  TW   88107212   04-May-1999   NI146763   10-Apr-2002   Granted
  US   09/143898   31-Aug-1998   6020029   01-Feb-2000   Granted

 

3/12/2007    Page 3 of 17


Docket No./Sub Case

      Application No.   Filing Date   Patent No.   Issue Date   Status
2156-051              
  A   DE   99305585.4   14-Jul-1999   69911528008   24-Sep-2003   Granted
  A   EP   99305585.4   14-Jul-1999   0982629   24-Sep-2003   Granted
  A   ES   99305585.4   14-Jul-1999   0982829   24-Sep-2003   Granted
  A   FR   99305585.4   14-Jul-1999   0982629   24-Sep-2003   Granted
  A   GB   99305585A   14-Jul-1999   0982629   24-Sep-2003   Granted
  A   IT   99305585.4   14-Jul-1999   0982629   24-Sep-2003   Granted
  A   JP   225901999   10-Aug-1999   3354117   27-Sep-2002   Granted
  A   US   09/143427   28-Aug-1998   6214522   10-Apr-2001   Granted
  B   US   09/820884   21-Jul-2000   6197459   06-Mar-2001   Granted
2156-052              
    JP   306849/1999   28-Oct-1999   3369519   15-Nov-2002   Granted
    US   09/183137   30-Oct-1998   6168836   02-Jan-2001   Granted
2156-054              
    DE   003001831   12-Jan-2000   60000698   06-Nov-2002   Granted
    EP   003001831   12-Jan-2000   1020503   06-Nov-2002   Granted
    ES   003001831   12-Jan-2000   1020503   06-Nov-2002   Granted
    FR   003001831   12-Jan-2000   1020503   06-Nov-2002   Granted
    GB   003001831   12-Jan-2000   1020503   06-Nov-2002   Granted
    IT   003001831   12-Jan-2000   1020503   06-Nov-2002   Granted
    JP   373296/1999   28-Dec-1999   3798593   28-Apr-2006   Granted
    TW   88122898   24-Dec-1999   NI198115   08-Jul-2004   Granted
    US   091229019   12-Jan-1999   6146701   14-Nov-2000   Granted
2156-055              
    EP   00300181.5   12-Jan-2000       Published
    JP   2000-10089   14-Jan-2000   3354125   27-Sep-2002   Granted
2156-055A              
    EP   01959539.6   02-Aug-2001       Published
    TW   90121296   29-Aug-2001   N1202121   15-Sep-2004   Granted
2156-056              
    EP   00300182.3   12-Jan-2000       Published
    JP   2000-43546   16-Feb-2000   3369527   15-Nov-2002   Granted
    TW   89101284   26-Jan-2000   1240606   21-Sep-2005   Granted
    US   09/251641   17-Feb-1999   5200451   13-Mar-2001   Granted

 

3/12/2007    Page 4 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  A   US   09/698370   26-Oct-2000   6444109   03-Sep-2002   Granted
  B   US   09/821205   29-Mar-2001   6544397   08-Apr-2003   Granted
  C   US   10/341859   14-Jan-2003   8905587   14-Jun-2005   Granted
  0   US   10/456329   06-Jun-2003       Published
2156-058              
  A   CN   00124882.0   2t-Sep-2000   00124882.0   24-Aug-2005   Granted
  A   DE   00304292.8   22-May-2000   60030691.7   13-Sep-2006   Granted
  A   EP   00304292.5   22-May-2000   1158843   13-Sep-2006   Granted
  A   ES   00304292.6   22-May-2000   1158843   13-Sep-2006   Granted
  A   FR   00304292.6   22-May-2000   1158843   13-Sep-2006   Granted
  A   GB   00304292.6   22-May-2000   1158843   13-Sep-2006   Granted
  A   IT   00304292.6   22-May-2000   1158843   13-Sep-2006   Granted
  A   JP   2000.155736   26-May-2000   3387893   10-Jan-2003   Granted
  A   TW   89113843   12-Jul-2000   NI188628   12-Feb-2004   Granted
  A   US   09/274641   23-Mar-1999   6162503   19-Dec-2000   Granted
2156-059              
    US   09/421204   21-Oct-1999   6206981   27-Mar-2001   Granted
2156-060              
    CN   01810652.8   01-May-2001   01810652.8   01-Nov-2006   Granted
    JP   2002-501596   01-May-2001   3884706   24-Nov-2006   Granted
    TW   90112075   21-May-2001   1250048   01-Mar-2006   Granted
    US   09/590046   08-Jun-2000   6383272   07-May-2002   Granted
  1   DE   01932816.0   01-May-2001   60122509008   23-Aug-2006   Granted
  1   EP   01932816.0   01-May-2001   1289878   23-Aug-2006   Granted
  1   ES   01932818.0   01-May-2001   1289678   23-Aug-2006   Granted
  1   FR   01932816.0   01-May-2001   1289676   23-Aug-2006   Granted
  1   GB   01932816.0   01-May-2001   1289878   23-Aug-2006   Granted
  1   IT   01932816.0   01-May-2001   1289878   23-Aug-2006   Granted
  2   EP   06075567.5   01-May-2001       Published
  A   US   10/090048   27-Feb-2002   6503566   07-Jan-2003   Granted
2156-063              
    CA   2407281   01-May-2001       Pending
    CN   01811297.8   01-May-2001   ZL018112978   28-Dec-2005   Granted
    DE   01928986.7   01-May-2001   60115899.7   14-Dec-2005   Granted
    EP   01928986.7   01-May-2001   1297086   14-Dec-2005   Granted

 

3/12/2007    Page 5 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    ES   01928986.7   01-May-2001   1297086   14-Dec-2005   Granted
    FR   01928986.7   01-May-2001   1297086   14-Dec-2005   Granted
    GB   01928986.7   01-May-2001   1297086   14-Dec-2005   Granted
    IT   0192898E7   01-May-2001   1297086   14-Dec-2005   Granted
    JP   2002-504376   01-May-2001   3908663   26-Jan-2007   Granted
    1W   90112076   21-May-2001   N1173402   04-Jul-2003   Granted
    US   09/598857   21-Jun-2000   6419784   16-Jul-2002   Granted
2156-064              
  A   CN   01814523.X   31-Jul-2001       Published
  A   DE   01961812.3   31-Jul-2001   60115253008   23-Nov-2005   Granted
  A   EP   01961812.3   31-Jul-2001   1311644   23-Nov-2005   Granted
  A   ES   01961812.3   31-Jul-2001   1311644   23-Nov-2005   Granted
  A   FR   01961812.3   31-Jul-2001   1311644   23-Nov-2005   Granted
  A   GB   01961812.3   31-Jul-2001   1311644   23-Nov-2005   Granted
  A   IT   01961812.3   31-Jul-2001   1311644   23-Nov-2005   Granted
  A   JP   521607/02   31-Jul-2001       Pending
  A   1W   90119979   15-Aug-2001   N1180346   21-Oct-2003   Granted
  A   US   09/643813   22-Aug-2000   6554948   29-Apr-2003   Granted
2156065              
    CN   01818663.6   19-Sep-2001   01816663.6   27-Jul-2005   Granted
    JP   532897/02   19-Sep-2001       Pending
    1W   90121967   05-Sep-2001   N1200096   05-Aug-2004   Granted
    US   09/677904   03-Oct-2000   6375822   23-Apr-2002   Granted
2156-066              
  A   US   09/672577   28-Sep-2000   6474536   05-Nov-2002   Granted
2156-067              
  A   US   09/687880   13-Oct-2000   6656370   02-Dec-2003   Granted
2156-071A              
  A   US   09/949191   07-Sep-2001   6417149   09-Jul-2002   Granted
2156-072              
    US   09/710976   09-Nov-2000   6261381   17-Jul-2001   Granted
2156-073              
    1W   90109140   17-Apr-2001   N1205594   26-Oct-2004   Granted

 

3/12/2007    Page 6 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    US   09/718910   22-Nov-2000   6379750   30-Apr-2002   Granted
2156-076              
  A   CN   02818061.5   01-Aug-2002   02818061.5   11-Oct-2006   Granted
  A   EP   02759235.1   01-Aug-2002       Published
  A   JP   532733/03   01-Aug-2002       Published
  A   TW   91118804   20-Aug-2002   1255870   01-Jun-2006   Granted
  A   US   09/965743   28-Sep-2001   6562221   13-May-2003   Granted
2156-077              
  A   CA   2434161   15-Jan-2002   2434161   05-Dec-2006   Granted
  A   CN   02804940.3   15-Jan-2002       Published
  A   HK   04109030.9   16-Nov-2004       Published
  A   TW   91102359   08-Feb-2002   NI189365   19-Feb-2004   Granted
  A   US   09/784242   15-Feb-2001   6585904   01-Jul-2003   Granted
  Al   JP   565795/02   15-Jan-2002       Pending
  B   US   10/419651   21-Apr-2003   7034231   25-Apr-2006   Granted
  C   US   11/348941   06-Feb-2006       Published
2156-078              
    US   09/788766   20-Feb-2001   6391177   21-May-2002   Granted
2156-079              
    CA   2436672   21-Feb-2002       Published
    EP   02719073.5   21-Feb-2002       Published
    JP   671235/02   21-Feb-2002       Published
    TW   91103275   25-Feb-2002   1265965   11-Nov-2006   Granted
    US   09/802087   08-Mar-2001   6461682   08-Oct-2002   Granted
2156-080              
  A   US   09/803831   09-Mar-2001   6582582   24-Jun-2003   Granted
2156-082              
  A   EP   02787176.3   04-Apr-2002       Published
  A   JP   514043/03   04-Apr-2002       Published
  A   TW   91108863   29-Apr-2002   NI195173   14-May-2004   Granted
  A   US   09/906370   16-Jul-2001   6508958   21-Jan-2003   Granted
  B   US   10/328197   23-Dec-2002   6706214   16-Mar-2004   Granted
2156-083              

 

3/12/2007    Page 7 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  A   CN   02815773.7   01-May-2002   ZL028157737   05-Apr-2006   Granted
  A   EP   02797725.5   01-May-2002       Published
  A   JP   524741/03   01-May-2002       Published
  A   TW   91110495   20-May-2002   1,0187933   05-Feb-2004   Granted
  A   US   09/945011   31-Aug-2001   6500482   31-Dec-2002   Granted
2156-084              
  A   CN   02815757.5   01-May-2002   71028157576   21-Jun-2006   Granted
  A   EP   02723998.7   01-May-2002       Published
  A   JP   523714/03   01-May-2002       Published
  A   TW   91114857   04-Jul-2002   1227750   11-Feb-2005   Granted
  A   US   09/938234   23-Aug-2001   6524403   25-Feb-2003   Granted
2156-085              
  A   CN   02815810.5   31-Jul-2002       Published
  A   EP   02756821.1   31-Ju1-2002       Published
  A   JP   524743/03   31-Jul-2002       Published
  A   TW   91117874   08-Aug-2002   1255740   01-Jun-2006   Granted
  A   US   09/946404   05-Sep-2001   6586047   01-Jul-2003   Granted
2156-087              
  A   CN   03805744.1   30-Jan-2003       Published
  A   EP   03713321.2   30-Jan-2003       Published
  A   JP   2003-576675   30-Jan-2003       Appealed
  A   US   10/096411   12-Mar-2002   6827834   07-Dec-2004   Granted
2156-089A              
    CN   02827992.1   01-Apr-2002       Published
    JP   588129/03   01-Apr-2002       Published
    TW   91107097   09-Apr-2002   N1187038   30-Jan-2004   Granted
    US   10/076897   14-Feb-2002   6692583   17-Feb-2004   Granted
2156-090              
  A   CN   03805827.8   07-Feb-2003       Published
  A   JP   2003-576872   07-Feb-2003       Appealed
  A   TW   92102988   13-Feb-2003   1255863   01-Jun-2006   Granted
2156-091              
  A   TW   93111983   29-Apr-2004   1241873   11-Oct-2005   Granted

 

3/12/2007    Page 8 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-092              
  A   CN   03806662.9   18-Feb-2003       Published
  A   EP   03713509.2   18-Feb-2003       Published
  A   JP   2003.580104   18-Feb-2003   3683896   03-Jun-2005   Granted
  A   TW   92104260   27-Feb-2003   1256423   11-Jun-2006   Granted
  A   US   10/106522   25-Mar-2002   6783690   31-Aug-2004   Granted
2156-096A              
    CN   03824072.6   06-Aug-2003       Published
    EP   03808947.0   06-Aug-2003       Published
    JP   2004-545229   06-Aug-2003       Appealed
    TW   92122857   20-Aug-2003   1232711   11-May-2005   Granted
    US   10/271817   16-Oct-2002   6787445   27-Ju1-2004   Granted
2156-097              
  A   CN   2004800077760   17-Feb-2004       Published
  A   EP   04821363.1   17-Feb-2004       Published
  A   JP   517073106   17-Feb-2004       Pending
  A   TW   93102489   04-Feb-2004   1238682   21-Aug-2005   Granted
  A   US   10/372747   24-Feb-2003   6762073   13-Jul-2004   Granted
2156-3322              
    DE   923036016   22-Apr-1992   P692157425   11-Dec-1996   Granted
    EP   923036016   22-Apr-1992   0510938   11-Dec-1996   Granted
    FR   923036016   22-Apr-1992   0510938   11-Dec-1998   Granted
    GB   923036016.   22-Apr-1992   0510938   11-Dec-1996   Granted
    IT   923036016   22-Apr-1992   0510938   11-Deo-1996   Granted
    TW   81103020   17-Apr-1992   N160499   31-May-2002   Granted
2156-501-046              
    BE   879050300   25-Jun-1987   0276276   21-Aug-1991   Granted
    DE   879050300   25-Jun-1987   0276276   21-Aug-1991   Granted
    EP   879050300   25-Jun-1987   0276276   21-Aug-1991   Granted
    FR   879050300   25-Jun-1987   0276276   21-Aug-1991   Granted
    GB   879050300   25-Jun-1987   0276276   21-Aug-1991   Granted
    IT   879050300   25-Jun-1987   0276276   21-Aug-1991   Granted
2156-501-055              
    CA   539627   15-Jun-1987   1286929   30-Ju1-1991   Granted

 

3/12/2007    Page 9 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    DE   879047553   22-Jun-1987   P37757490   02-Jan-1992   Granted
    EP   879047553   22-Jun-1987   0276256   02-Jan-1992   Granted
    FR   879047553   22-Jun-1987   0276256   02-Jan-1992   Granted
    GB   879047553   22-Jun-1957   0276256   02-Jan-1992   Granted
    IT   879047553   22-Jun-1987   0276256   02-Jan-1992   Granted
2156-501-063              
    DE   879068583   31-Jul-1987   p37771620   04-Mar-1992   Granted
    EP   879068583   31-Jul-1987   284626   04-Mar-1944   Granted
    FR   879068583   31-Jul-1987   284626   04-Mar-1992   Granted
    GB   879068583   31-Jul-1987   284626   04-Mar-1992   Granted
    IT   879068583   31-Jul-1987   284626   04-Mar-1992   Granted
2156-501-064              
    CA   590993   14-Feb-1989   1331578   23-Aug-1994   Granted
    DE   893017301   22-Feb-1989   P689206151   18-Jan-1995   Granted
    EP   893017301   22-Feb-1989   0336542   18-Jan-1995   Granted
    FR   893017301   22-Feb-1989   0336542   18-Jan-1995   Granted
    GB   893017301   22-Feb-1989   0336542   18-Jan-1995   Granted
    IT   893017301   22-Feb-1989   0336542   18-Jan-1995   Granted
2156501069              
    CA   603264   19-Jun-1989   1320873   03-Aug-1993   Granted
    DE   889084448   16-Jun-1988   P38815117   02-Jun-1993   Granted
    EP   889084448   16-Jun-1986   340257   02-Jun-1993   Granted
    FR   889084448   16-Jun-1988   340257   02-Jun-1993   Granted
    GB   889084448   16-Jun-1988   340257   02-Jun-1993   Granted
2156-501-109              
    CA   595105   29-Mar-1989   1308057   29-Sep-1992   Granted
    JP   23482689   12-Sep-1989   1652807   11-Mar-1991   Granted
2156-501-118              
    CA   2003997   27-Nov-1989   2003997   05-Jan-1999   Granted
    DE   899128151   20-Nov-1989   P6892230850   14-Jun-1995   Granted
    EP   899128151   20-Nov-1989   417211   14-Jun-1995   Granted
    FR   899128151   20-Nov-1989   417211   14-Jun-1995   Granted
    GB   899128151   20-Nov-1989   417211   14-Jun-1995   Granted
    IT   899128151   20-Nov-1989   417211   14-Jun-1995   Granted

 

3/12/2007    Page 10 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
      50067490   20-Nov-1989   2015915   19-Feb-1996   Granted
    JP          
2156-501-144              
    CA   2029090   31-Oct-1990   2029090   14-Apr-1998   Granted
    DE   903131878   05-Dec-1990   P690099789   15-Jun-1994   Granted
    EP   903131878   05-Dec-1990   446522   15-Jun-1994   Granted
    ES   903131878   05-Dec-1990   446522   16-Jun-1994   Granted
    FR   903131878   05-Dec-1990   446522   15-Jun-1994   Granted
    GB   903131878   05-Dec-1990   446622   15-Jun-1994   Granted
    IT   903131878   05-Dec-1990   446522   15-Jun-1994   Granted
2156-501-145              
    CA   2028688   26-Oct-1990   2028688   21-Dec-1993   Granted
2156-501-146              
    CA   2022400   31-Jul-1990   2022400   05-Oct-1993   Granted
    DE   909112195   26-Jul-1990   476065   19-Jun-1996   Granted
    EP   909112195   26-Jul-1990   476085   19-Jun-1996   Granted
    FR   909112195   26-Jul-1990   476065   19-Jun-1996   Granted
    GB   909112185   26-Jul-1990   476065   19-Jun-1996   Granted
2156-501-148              
    CA   2031549   05-Dec-1990   2031549   28-Apr-1998   Granted
    DE   903142461   24-Dec-1990   P690151640   14-Dec-1994   Granted
    EP   903142461   24-Dec-1990   0456915   14-Dec-1994   Granted
    ES   903142481   24-Dec-1990   0455915   14-Dec-1994   Granted
    FR   903142481   24-Dec-1990   0455915   14-Dec-1994   Granted
    GB   903142461   24-Dec-1990   0455915   14-Dec-1994   Granted
    IT   803142481   24-Dec-1990   0465915   14-Dec-1994   Granted
    JP   17782891   18-Apr-1991   1923026   26-Apr-1995   Granted
2156-501-172              
    CA   2046202   04-Jul-1991   2046202   10-Jun-1997   Granted
    DE   913064861   17-Jul-1991   P691252336   19-Mar-1997   Granted
    EP   913064861   17-Jul-1991   475567   19-Mar-1997   Granted
    FR   913064861   17-Jul-1991   475567   19-Mar-1997   Granted
    GB   913064861   17-Jul-1991   475567   19-Mar-1997   Granted
    IT   913064861   17-Jul-1991   476667   19-Mar-1997   Granted
    JP   27445391   26-Jul-1991   2026292   26-Feb-1996   Granted

 

3/12/2007    Page 11 of 17


Docket No./Sub Case

    Country   Application No   Filing Date   Patent No.   Issue Date   Status
2156-501-189              
    CA   2073478   08-Jul-1992   2073478   15-Sep-1998   Granted
    DE   923068829   28-Jul-1992   P692134153   04-Sep-1996   Granted
    EP   923068829   28-Jul-1992   0546654   04-Sep-1996   Granted
    ES   923068829   28-Jul-1992   0546654   04-Sep-1996   Granted
    FR   923068829   28-Jul-1992   050654   04-Sep-1996   Granted
    GB   923068829   28-Jul-1992   0546654   04-Sep-1996   Granted
2156-501-214              
    DE   933014227   25-Feb-1993   P693140704   24-Sep-1997   Granted
    EP   933014227   25-Feb-1993   0559379   24-Sep-1997   Granted
    FR   933014227   25-Feb-1993   0559379   24-Sep-1997   Granted
    GB   933014227   25-Feb-1993   0559379   24-Sep-1997   Granted
    IT   933014227   25-Feb-1993   0559379   24-Sep-1997   Granted
2156-503-017              
    DE   92915309.6   16-Mar-1992   0583426   15-May-1996   Granted
    EP   92915309.6   16-Mar-1992   0583426   15-May-1996   Granted
    FR   92915309.6   18-Mar-1992   0583426   15-May-1996   Granted
    GB   92915309.6   16-Mar-1992   0583426   15-May-1996   Granted
    JP   511806/92   13-Mar-1992   3135124   01-Dec-2000   Granted
    C      US   091255491   22-Feb-1999   RE37765   25-Jun-2002   Granted
2156-601              
    A      CN   03825352.6   19-Sep-2003       Published
    A      EP   03754784.1   19-Sep-2003       Published
    A      JP   2004-555298   19-Sep-2003       Published
    A      Tw   92129272   22-Oct-2003   230031   21-Mar-2005   Granted
    A      US   10/304514   26-Nov-2002   7186305   06-Mar-2007   Granted
2156-602              
    A      CN   2004800098108   15-Mar-2004       Published
    A      EP   04720786.5   15-Mar-2004       Published
    A      JP   201235/06   15-Mar-2004       Published
    A      TW   93106664   12-Mar-2004   1241872   11-Oct-2005   Granted
    A      US   10/412932   14-Apr-2003   6773757   10-Aug-2004   Granted
2156-604              
    A      CN   2004800119528   26-Mar-2004       Published

 

3/12/2007    Page 12 of 17


Docket No./Sub Case

        Application No.   Filing Date   Patent No.   Issue Date   Status
    A      EP   04760783.3   26-Mar-2004       Published
    A      JP   532343/08   26-Mar-2004       Published
    A      TW   93111238   22-Apr-2004   1271444   21-Jan-2007   Granted
    A      US   10/431261   07-May-2003   6837923   04-Jan-2005   Granted
2156-608              
    A      CN   2005800108180   03-Feb-2005       Published
    A      EP   05712634.4   03-Feb-2005       Published
    A      JP   2007-507307   03-Feb-2005       Published
    A      US   10/820236   06-Apr-2004       Published
2156-612              
    A      CN   2005800073815   02-Feb-2006       Published
    A      EP   05706145.9   02-Feb-2005       Published
    A      JP   2007-502807   02-Feb-2005       Published
    A      TW   94106245   02-Mar-2005       Pending
    A      US   10/798522   11-Mar-2004   7128820   31-Oct-2006   Granted
2156-614              
    A      BR   PI0506382-5   18-Feb-2005       Published
    A      CN   2005800126776   18-Feb-2005       Published
    A      EP   05713881.0   18-Feb-2005       Published
    A      JP     18-Feb-2005       Published
    A      TW   94108765   22-Mar-2005       Published
    A      US   10/837109   30-Apr-2004       Appealed
    B      US   11/049828   03-Feb-2005       Published
    B      WO   PCTUS0603730   02-Feb-2006       Published
2156-616              
    A      CN   2005800203503   15-Mar-2005       Published
    A      EP   05725574.7   15-Mar-2005       Published
    A      JP     15-Mar-2005       Published
    A      US   10/876795   25-Jun-2004       Published
2156-620              
    A      CN     27-Jul-2005       Published
    A      EP   05775560.5   27-Jul-2005       Published
    A      JP     27-Jul-2005       Published
    A      TW   94126652   06-Aug-2005       Published

 

3/17/2007    Page 13 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  A   US   10/925589   25-Aug-2004   7022464   04-Apr-2006   Granted
2156-621              
  A   CN     18-Ju1-2005       Published
  A   EP   05772093.0   18-Jul-2005       Published
  A   JP     18-Jul-2005       Published
  A   TW   94125404   27-Jul-2005       Published
  A   US   10/956912   30-Sep-2004       Published
2156-622              
  A   CN     10-Jun-2005       Published
  A   EP   05758554.9   10-Jun-2005       Published
  A   JP     10-Jun-2005       Published
  A   US   10/964212   13-Oct-2004       Published
2156-623              
  A   CN     11-Jul-2005       Published
  A   EP   05771376.0   11-Jul-2005       Published
  A   JP     11-Jul-2005       Published
  A   US   10/943113   16-Sep-2004       Published
2156-627              
  A   US   11/205516   17-Aug-2005       Published
  A   WO   PCTUS06014513   18-Apr-2006       Pending
2156-628              
  A   US   11/209471   23-Aug-2005       Pending
  A   WO   PCTUS0602091   31-May-2006       Pending
2156-629              
  A   TW   95146000   08-Dec-2006       Pending
  A   US   11/300254   14-Dec-2005       Pending
  A   WO   PCTUS06036106   15-Sep-2006       Pending
2156-630              
  A   US   11/398080   05-Apr-2006       Pending
  A   WO   PCTUS0705105   27-Feb-2007       Pending
2156-631              
  A   TW   95134892   21-Sep-2006       Pending

 

3/12/2007    Page 14 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  A   US   11/290118   30-Nov-2005   7094523   22-Aug-2006   Granted
  A   WO   PCTUS06033417   28-Aug-2006       Pending
2156-632              
  A   US   11/386901   22-Mar-2008       Pending
  A   WO   PCTUS0700015   03-Jan-2007       Pending
2156-633              
  A   TW   95146189   11-Dec-2006       Pending
  A   US   11/316010   21-Dec-2005       Pending
  A   WO   PCTUS06036185   15-Sep-2006       Pending
2156-634              
  A   US   11/386631   22-Mar-2006       Pending
  A   WO   PC113606049016   21-Dec-2006       Pending
2156-635              
  A   US   11/403628   13-Apr-2006   7153408   26-Dec-2006   Granted
  A   WO   PCTUS0700395   05-Jan-2007       Pending
2156-636              
  A   US   11/398048   05-Apr-2006       Pending
  A   WO   PCTUS0701716   19-Jan-2007       Pending
2156-637              
  A   US   11/479692   30-Jun-2006       Pending
2156-638              
  A   US   11/503780   14-Aug-2006       Pending
2156-639              
  A   US   11/657833   24-Jan-2007       Pending
2156-700              
  A   US   10/333484   11-Jul-2001   7109375   19-Sep-2006   Granted
2156-8476              
  A   DE   95911101.4   24-Feb-1995   P69516275.6   12-Apr-2000   Granted
  A   EP   95911101.4   24-Feb-1995   0749594   12-Apr-2000   Granted
  A   ES   95911101.4   24-Feb-1995   0749594   12-Apr-2000   Granted
  A   FR   95911101.4   24-Feb-1995   0749594   12-Apr-2000   Granted

 

3/12/2007   

Page 15 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  A   GB   95911101.4   24-Feb-1995   0749594   12-Apr-2000   Granted
  A   IT   95911101.4   24-Feb-1995   0749594   12-Apr-2000   Granted
  A   LI   95911101.4   24-Feb-1995   0749594   12-Apr-2000   Granted
  B   US   08835873   08-Apr-1997   5981147   09-Nov-1999   Granted
2156-8756              
    US   08/426369   21-Apr-1995   5565302   15-Oct-1996   Granted
2156-8782              
    US   08/469308   05-Jun-1995   5512607   30-Apr4 996   Granted
2156-8828              
    US   08/531026   20-Sep-1995   6681684   28-Oct-1997   Granted
2156-8846              
  B   US   08/870899   06-Jun-1997   5869220   09-Feb-1999   Granted
2156-9137              
    DE   969076843   28-Mar-1996   69623007008   14-Aug-2002   Granted
    EP   969076843   28-Mar-1996   0823460   14-Aug-2002   Granted
    FR   969076843   28-Mar-1996   0823460   14-Aug-2002   Granted
    GB   969076843   28-Mar-1998   0823460   14-Aug-2002   Granted
    IT   969076843   28-Mar-1996   0823460   14-Aug-2002   Granted
2156-9138              
    DE   969076850   28-Mar-1996   69624691   06-Nov-2002   Granted
    EP   969076850   28-Mar-1996   0818515   06-Nov-2002   Granted
    FR   969076850   28-Mar-1996   0818515   06-Nov-2002   Granted
    GB   969076850   28-Mar-1996   0818515   06-Nov-2002   Granted
    IT   9690781350   28-Mar-1996   0818515   06-Nov-2002   Granted
2156-Knopp-1              
    CA   2137823   01-Jun-1993   2137823   10-Oct-2000   Granted
    DE   939132588   01-Jun-1993   0645074   28-Jan-1998   Granted
    EP   939132588   01-Jun-1993   0645074   28-Jan-1998   Granted
    ES   939132588   01-Jun-1993   0645074   28-Jan-1998   Granted
    FR   939132588   01-Jun-1993   0645074   28-Jan-1996   Granted
    GB   939132588   01-Jun-1993   0645074   28-Jan-1998   Granted
    IT   939132588   01-Jun-1993   0645074   28-Jan-1998   Granted
    JP   51687593   01-Jun-1993   3037755   25-Feb-2000   Granted

 

3112/2007    Page 16 of 17


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
21.56-Knopp-2              
    CA   2177708   02-Dec-1994   2177708   17-Feb-2004   Granted
    DE   959046004   02-Dec-1994   0732040   11.Feb-1998   Granted
    EP   959046004   02-Dec-1994   0732040   11-Feb-1998   Granted
    ES   959046004   02-Dec-1994   0732040   11-Feb-1998   Granted
    FR   959046004   02-Dec-1994   0732040   11-Feb-1998   Granted
    GB   93248482   03-Dec-1993   2284509   28-Oct-1997   Granted
    IT   959046004   02-Dec-1994   0732040   11-Feb-1998   Granted
2156-York-1              
    DE   96934999.2   15-Oct-1998   0857226   19-Dec-2001   Granted
    EP   96934999.2   15-Oct-1996   0857226   19-Dec-2001   Granted
    FR   969349992   15-Oct-1996   0857226   19-Dec-2001   Granted
    GB   96934999.2   16-Oct-1996   0857226   19-Dec-2001   Granted
    IT   96934999.2   15-Oct-1996   0857226   19-Dec-2001   Granted
    JP   515599/1997   15-Oct-1996   3210677   13-Jul-2001   Granted
    US   09/051833   15-Oct-1996   6030516   29-Feb-2000   Granted
2156-York-2              
    DE   96935001.6   15-Oct-1996   0859876   05-Jan-2000   Granted
    EP   96935001.6   15-Oct-1996   0859878   05-Jan-2000   Granted
    FR   96935001.6   15-Oct-1996   0859876   05-Jan-2000   Granted
    GB   96935001.6   15-Oct-1996   0859876   05-Jan-2000   Granted
    IT   96935001.6   15-Oct-1996   0859876   05-Jan-2000   Granted
    JP   516601/1997   15-Oct-1996   3210678   13-Jul-2001   Granted
    US   09/051784   15-Oct-1996   6217738   17-Apr-2001   Granted
2156-York-3              
    DE   97940255.9   15-Sep-1997   0946793   20-Aug-2003   Granted
    EP   97940255.9   15-Sep-1997   0946793   20-Aug-2003   Granted
    ES   97940255.9   15-Sep-1997   0946793   20-Aug-2003   Granted
    FR   97940255.9   15-Sep-1997   0946793   20-Aug-2003   Granted
    GB   97940255.9   16-Sep-1997   0946793   20-Aug-2003   Granted
    IT   97940255.9   15-Sep-1997   0946793   20-Aug-2003   Granted
    JP   515362/1998   15-Sep-1997   3388759   17-Jan-2003   Granted
    US   09/147972   15-Sep-1997   6409850   25-Jun-2002   Granted
    US   08/562316   05-Feb-1996   6342332   29-Jan-2002   Granted
    US   08/730572   15-Oct-1996   5758412   02-Jun-1998   Granted

 

3/12/2007    Page 17 of 17


MacDermid Printing Solutions, LLC - Patents

 

Docket No./Sub Case

  Country   Application No.   Filling Date   Patents No.   Issue Date   Status
2156-00M              
    JP   27509389   24-Oct-1989   2766344   03-Apr-1996   Granted
    US   07/261501   24-Oct-1988   4903597   27-Feb-1990   Granted
2156-00N              
    US   08/352955   09-Dec-1994   5544584   13-Aug-1996   Granted
2156-00O              
    US   07/782380   24-Oct-1991   5216954   08-Jun-1993   Granted
2156-00P              
  B   CA   2339024   30-Jul-1999   2339024   26-Apr-2005   Granted
  B   DE   99937723.7   30-Jul-1999   69920728   29-Sep-2004   Granted
  B   EP   99937723.7   30-Ju1-1999   1115580   29-Sep-2004   Granted
  B   ES   99937723.7   30-Jul-1999   1115580   29-Sep-2004   Granted
  B   FR   99937723.7   30-Jul-1999   1115580   29-Sep-2004   Granted
  B   GB   99937723.7   30-Jul-1999   1115580   29-Sep-2004   Granted
  B   IT   99937723.7   30-Jul-1999   1115580   29-Sep-2004   Granted
  B   US   09/744824   30-Jul-1999   6742453   01-Jun-2004   Granted
2156-00Q              
  2   US   07/480362   03-Jan-1990   5082193   05-Nov-1991   Granted
  3   US   07/474520   01-Feb-1990   5072504   17-Dec-1991   Granted
  4   US   07/474554   01-Feb-1990   5046231   10-Sep-1991   Granted
2156-088              
  B   CN   2005800020305   20-Jan-2005       Pending
  B   EP   05711796.2   20-Jan-2005       Published
  B   HK   06113284.2   04-Dec-2006       Pending
  B   JP   551313/06   20-Jan-2005       Published
  B   TW   94102310   26-Jan-2005   1254835   11-May-2005   Granted
  B   US   10/768799   30-Jan-2004   6989220   24-Jan-2008   Granted
2156-301              
  A   CN   2004800407385   20-Dec-2004       Published
  A   EP   04814692.2   20-Dec-2004       Published
  A   JP   2006-551080   20-Dec-2004       Published
  A   TW   94100839   12-Jan-2005       Published
  A   US   10/586414   20-Dec-2004       Published

 

3/12/2007    Page 1 of 4


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-302              
  A   CN   2004800049493   17-Dec-2004       Published
  A   EP   04814947.0   17-Dec-2004       Published
  A   JP   549300106   17-Dec-2004       Pending
  A   TW   94100415   07-Jan-2005   1268871   21-Dec-2006   Granted
  A   US   10/754297   09-Jan-2004   6966259   22-Nov-2005   Granted
2156-303              
  A   CN   2005800167210   08-Mar-2005       Published
  A   EP   05728295.6   08-Mar-2005       Published
  A   JP     08-Mar-2005       Published
  A   US   10/853342   25-May-2004       Published
2156-304              
  A   CN   2005800019416   21-Jan-2005       Published
  A   EP   05711803.6   21-Jan-2005       Published
  A   JP   2007-506146   21-Jan-2005       Published
  A   US   10/811763   29-Mar-2004   6998218   14-Feb-2006   Granted
  B   CN     06-Jul-2005       Published
  B   EP   05770067.6   06-Jul-2005       Published
  B   JP     06-Jul-2005       Published
  B   TW   94123474   12-Jul-2005   1267444   01-Dec-2006   Granted
  B   US   10/891351   14-Jul-2004   7041432   09-May-2006   Granted
  C   US   11/344653   01-Feb-2006       Published
2156-305              
  A   CN   2005800051801   07-Mar-2005       Published
  A   EP   05724752.0   07-Mar-2005       Published
  A   JP     07-Mar-2005       Published
  A   1W   94108764   22-Mar-2005   1259812   11-Aug-2006   Granted
  A   US   10/837107   30-Apr-2004   7044055   16-May-2006   Granted
  B   US   11/297725   08-Dec-2005   7152529   26-Dec-2006   Granted
  C   US   11/592680   03-Nov-2006       Pending
2156-306              
  A   CN   2005800055446   01-Feb-2005       Published
  A   EP   06712360.6   01-Feb-2005       Published
  A   JP   2007-509458   01-Feb-2005       Published
  A   US   10/830560   23-Apr-2004   7055429   06-Jun-2006   Granted
2156-308              
  A   CN     16-May-2005       Published

 

3/12/2007    Page 2 of 4


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  A   EP   05750599.2   16-May-2005       Published
  A   JP     16-May-2005       Published
  A   US   10/894979   20-Jul-2004   7125650   24-Oct-2006   Granted
2156-309              
  A   CN     01-Aug-2005       Published
  A   EP   05782469.0   01-Aug-2005       Published
  A   JP     01-Aug-2005       Published
  A   US   10/977049   29-Oct-2004   7179583   20-Feb-2007   Granted
2156-310              
  A   US   11/055196   10-Feb-2005       Published
  A   WO   PCTUS0604377   08-Feb-2006       Published
2156-311              
  A   CN     11,1W-2005       Published
  A   EP   05770862.0   11-Jul-2005       Published
  A   JP     11-Jul-2005       Published
  A   US   10/946937   22-Sep-2004       Published
2156-312              
  A   TW   94137808   28-Oct-2005       Published
  A   US   101987624   12-Nov-2004   7081331   25-Jul-2005   Granted
  A   WO   PCTUS05031258   01-Sep-2005       Published
    US   11/439026   23-May-2008       Published
2156-313              
  A   US   101965316   14-Oct-2004       Published
2156-315              
  A   TW   94131624   14-Sep-2005       Published
  A   US   101990087   18-Nov-2004       Published
  A   WO   PCTUS0525553   19-Jul-2005       Published
2156-316              
  A   US   10/992123   18-Nov-2004   7060417   13-Jun-2006   Granted
  A   WO   PCTUS05021066   15-Jun-2005       Published
2156-318              
  A   TW   95121821   19-Jun-2006       Published
  A   US   11/159704   23-Jun-2005       Published
  A   WO   PCTUS06004491   09-Feb-2006       Published
2156-319              
  A   TW   95120008   08-Jun-2005       Pending

 

3/12/2007    Page 3 of 4


Docket No./Sub Case

  Country   Application No   Filing Date   Patent No.   Issue Date   Status
  A   US   11/150088   09-Jun-2005       Published
  A   WO   PCTUS06010126   21-Mar-2006       Published
2156-320              
  A   TW   95132988   07-Sep-2006       Pending
  A   US   11/249864   13-Oct-2005       Pending
  A   WO   PCTUS06033097   23-Aug-2006       Pending
2156-322              
  A   TW   95138931   23-Oct-2006       Pending
  A   US   11/289814   30-Nov-2005       Pending
  A   WO   PCTUS06039652   10-Oct-2006       Pending
2156-324              
  A   US   11/333022   17-Jan-2006       Pending
  A   WO   PCTUS06043341   08-Nov 2006       Pending
2156-325              
  A   US   11/360064   22-Feb-2006       Pending
  A   WO   PCTUS606048474   19-Dec-2006       Pending

 

3/12/2007    Page 4 of 4


NAPP Systems, Inc. - Patents

 

Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-5004              
    EP   949128169   21-Mar-1994   0691001   18-Dec-2002   Granted
    US   08/036984   25-Mar-1993   5350661   27-Sep-1994   Granted
2156-501B              
    US   08/621508   25-Mar-1996   5683837   04-Nov-1997   Granted
2156-502A              
  B   US   08/900183   25-Jul-1997   5989781   23-Nov-1999   Granted
2156-503A              
    AU   8836691   02-Dec-1991   650697   09-Nov-1994   Granted
    DE   913111209   29-Nov-1991   P691262837   28-May-1997   Granted
    EP   913111209   29-Nov-1991   0489553   28-May-1997   Granted
    FR   913111209   29-Nov-1991   0489553   28-May-1997   Granted
    GB   913111209   29-Nov-1991   0489553   28-May-1997   Granted
    IT   913111209   29-Nov-1991   0489553   28-May-1997   Granted
  1   US   07621640   03-Dec-1990   5348644   20-Sep-1994   Granted
2156-504A              
    US   08/812103   05-Mar-1997   5976763   02-Nov-1999   Granted
2156-505A              
  1   US   08/350100   29-Nov-1994   5638154   10-Jun-1997   Granted
2156-506A              
    US   08/943725   02-0ct-1997   6127094   03-Oct-2000   Granted
2156-507A              
  A   EP   02723587.8   11-Mar-2002       Published
  A   JP   577650/02   11-Mar-2002   3827308   14-Jul-2006   Granted
  A   US   09/623904   30-Mar-2001   6579684   17-Jun-2003   Granted
  B   US   10/386315   11-Mar-2003   6780568   24-Aug-2004   Granted
2156-511A              
    US   09/382214   24-Aug-1999   6262825   17-Jul-2001   Granted
2156-513A              
    DE   89905937.1   26-May-1989   68927733   29-Jan-1997   Granted

 

3/12/2007    Page 1 of 2


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    EP   89906937.1   26-May-1989   0371123   29-Jan-1997   Granted
    FR   89906937.1   26-May-1989   0371123   29-Jan-1997   Granted
    GB   89906937.1   26-May-1989   0371123   29-Jan-1997   Granted
    IT   89906937.1   26-May-1989   0371123   29-Jan-1997   Granted
    JP   1-506483   26-May-1989   2568447   03-Oct-1996   Granted
  2   US   07783267   28-Oct-1991   5223041   29-Jun-1993   Granted
2156-523A              
    US   09624104   24-Jul-2000   6551756   22-Apr-2003   Granted
2156-526              
  A   CN   2004800165742   07-May-2004       Published
  A   EP   04751662.0   07-May-2004       Published
  A   JP   517109/06   07-May-2004       Published
  A   1W   93113390   13-May-2004       Published
  A   US   10/462977   16-Jun-2003   7005232   28-Feb-2008   Granted
  B   US   11/267435   04-Nov-2005   7083896   01-Aug-2006   Granted
2156-527              
  A   CN   2004800344070   27-Oct2004       Published
  A   EP   04820732.8   27-Oct-2004       Published
  A   JP   542577/06   27-Oct-2004       Published
2156-528              
  A   CN   2005800092464   19-Jan-2005       Published
  A   EP   05705960.2   19-Jan-2005       Published
  A   JP   2007-504943   19-Jan-2005       Published
  A   US   10/805769   22-Mar-2004       Published
2156-529              
  A   CN     08-Sep-2005       Published
  A   EP   05798448.8   08-Sep-2005       Published
  A   JP     08-Sep-2005       Published
  A   TW   94131622   14-Sep-2005       Published
  A   US   10/970881   22-Oct-2004   7156630   02-Jan-2007   Granted
  B   US   11/588951   27-Oct-2006       Published

 

3/12/2007    Page 2 of 2


Polyfibron Technologies, Inc. Patents

 

Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-131A              
    DE   97904160.5   06-Feb-1997   69721536.9   02-May-2003   Granted
    EP   97904160.5   06-Feb-1997   0910816   02-May-2003   Granted
    ES   97904160.5   06-Feb-1997   0910816   02-May-2003   Granted
    FR   97904160.5   06-Feb-1997   0910816   02-May-2003   Granted
    GB   97904160.5   06-Feb-1997   0910816   02-May-2003   Granted
    IT   97904160.5   06-Feb-1997   0910816   02-May-2003   Granted
    JP   505177/98   06-Feb-1997       Pending
    US   08/676591   08-Jul-1995   5846691   08-Dec-1998   Granted
2156-131B              
    CA   2308757   23-Oct-1998       Pending
    CN   98810483.0   23-Oct-1998   98810483.0   10-Aug-2005   Granted
    DE   98953954.9   23-Oct-1998   69835160.6   05-Jul-2006   Granted
    EP   98953954.9   23-Oct-1998   1025464   05-Jul-2008   Granted
    ES   98953954.9   23-Oct-1998   1025464   05-Jul-2005   Granted
    FR   98953954.9   23-Oct-1998   1025464   05-Jul-2006   Granted
    GB   98953954.9   23-Oct-1998   1025464   05-Jul-2006   Granted
    IT   98953954.9   23-Oct-1998   1025464   05-Jul-2006   Granted
    JP   518307100   23-Oct-1998       Pending
    US   08/957165   24-Oct-1997   6312871   06-Nov-2001   Granted
2156-155A              
    AU   4177497   03-Sep-1997   727166   22-Mar-2001   Granted
    CA   2265658   03-Sep-1997   2265658   22-Mar-2005   Granted
    DE   979397585   03-Sep-1997   69717642.8   04-Dec-2002   Granted
    EP   979397585   03-Sep-1997   0923613   04-Dec-2002   Granted
    ES   979397585   03-Sep-1997   0923613   04-Dec-2002   Granted
    FR   979397585   03-Sep-1997   0923613   04-Dec-2002   Granted
    GB   979397585   03-Sep-1997   0923613   04-Dec-2002   Granted
    IT   979397585   03.Sep-1997   0923613   04-Dec-2002   Granted
    JP   512829198   03-Sep-1997   3775688   03-Mar-2006   Granted
  1   US   08/708805   09-Sep-1996   6066436   23-May-2000   Granted
2156-156A              

 

3/12/2007    Page 1 of 3


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
    US   08/820227   18-Mar-1997   5859134   12-Jan-1999   Granted
2156-157A              
    AU   7976498   17-Jun-1998   733407   23-Aug-2001   Granted
    CA   2294517   17-Jun-1998   2294517   07-Feb-2006   Granted
    DE   98930357.3   17-Jun-1998   69819156   22-Oct-2003   Granted
    EP   98930357.3   17-Jun-1998   0996546   22-Oct-2003   Granted.
    ES   98930357.3   17-Jun-1998   0996546   22-Oct-2003   Granted
    FR   98930357.3   17-Jun-1998   0996546   22-Oct-2003   Granted
    GB   98930357.3   17-Jun-1998   0996546   22-Oct-2003   Granted
    IT   98930357.3   17-Jun-1998   0996546   22-Oct-2003   Granted
    JP   507195/99   17-Jun-1998       Pending
    US   08/886224   01-Jul-1997   5974974   02-Nov-1999   Granted
2156-158A              
    DE   989348549   21-Jul-1998   69811369.1   12-Feb-2003   Granted
    EP   98934854.9   21-Jul-1998   1000386   12-Feb-2003   Granted
    FR   989346549   21-Jul-1998   1000386   12-Feb-2003   Granted
    GB   989348549   21-Jul-1998   1000386   12-Feb-2003   Granted
    IT   989346549   21-Jul-1998   1000386   12-Feb-2003   Granted
    JP   50553/00   21-Jul-1998       Pending
    US   08/902837   30-Jul-1997   5919604   06-Jul-1999   Granted
2156-160A              
    DE   99942547.3   27-Aug-1999   69925983.5   29-Jun-2005   Granted
    EP   99942547.3   27-Aug-1999   1032866   29-Jun-2005   Granted
    ES   99942547.3   27-Aug-1999   1032866   29-Jun-2005   Granted
    FR   99942547.3   27-Aug-1999   1032866   29-Jun-2005   Granted
    GB   99942547.3   27-Aug-1999   1032866   29-Jun-2005   Granted
    IT   99942547.3   27-Aug-1999   1032888   29-Jun-2005   Granted
    JP   590020/00   27-Aug-1999       Pending
2156-168A              
    US   08/902644   30-Jul-1997   5902714   11-May-1999   Granted
2156-188A              
  I-i   US   08/916101   21-Aug-1997   6925500   20-Jul-1999   Granted
  J   US   09/898152   03-Jul-2001   6916596   12-Jul-2005   Granted
  K   US   09/921589   03-Aug-2901   6758181   29-Jun-2004   Granted

 

3/12/2007    Page 2 of 3


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  M   US   10/153946   23-May-2002   6605410   12-Aug-2003   Granted
2156-250A              
  B   US   08/669267   24-May-1996   5735983   07-Apr-1998   Granted
2156-251A              
    US   08/989213   11-Dec-1997   6007967   28-Dec-1999   Granted

 

3/12/2007    Page 3 of 3


PT SUB, Inc. - Patents

 

Docket No./Sub Case

  Country   Apetation Na   Filing Date   Patent No,   Issue Date   Status
2156-123A            
    BE   912501103   24-Apr-1991   0456336   18-Jun-1997   Granted
    CA   20410230   23-Apr-1991   2041023   12-Mar-2002   Granted
    DE   912501103   24-Apr-1991   0456336   18-Jun-1997   Granted
    EP   912501103   24-Apr-1991   0456336   18-Jun-1997   Granted
    ES   912501103   24-Apr-1991   0458336   18-Jun-1997   Granted
    FR   912501103   24-Apr-1991   0458338   18-Jun-1997   Granted
    GB   912501103   24-Apr-1991   0456336   18-Jun-1997   Granted
    IT   912501103   24-Apr-1991   0456336   18-Jun-1997   Granted
    MX   26518   25-Apr-1991   170892   21-Sep-1993   Granted
    TW   80103207   24-Apr-1991   NI-64090   14-May-1992   Granted
  D   US   08/197107   16-Feb-1994   5370968   08-Dec-1994   Granted
2156-125B              
    DE   943014787   02-Mar-1994   0613791   02-Sep-1998   Granted
    EP   943014787   02-Mar-1994   0613791   02-Sep-1998   Granted
    FR   943014787   02-Mar-1994   0813791   02-Sep-1998   Granted
    GB   943014787   02-Mar-1994   0613791   02-Sep-1998   Granted
    IT   943014787   02-Mar-1994   0613791   02-Sep-1998   Granted
    JP   5671394   02-Mar-1994   3378500   06-Dec-2002   Granted
    US   08/025482   03-Mar-1993   6352507   04-Oct-1994   Granted
2156-170.A              
    EP   92306409.1   14-Jul-1992   0523945   24-Sep-1997   Granted
    FR   92306409.1   14-Jul-1992   0523945   24-Sep-1997   Granted
    JP   20946392   15-Jul-1992   3157295   09-Feb-2001   Granted
    US   07/729976   15-Jul-1991   5223375   29-Jun-1993   Granted
  C   US   07/941508   08-Sep-1992   5550005   27-Aug-1995   Granted
  D   US   08/024565   01-Mar-1993   5344743   08-Sep-1994   Granted
2156-171A              
    US   07/760430   16-Sep-1991   5482835   31-Oct-1995   Granted
2156-172A              
    EP   923115885   18-Dec-1992   0602292   09-Jul-1997   Granted
    FR   923115885   18-Dec-1992   0602292   09-Jul-1997   Granted
    GB   923115885   18-Dec-1992   0602292   09-Jul-1997   Granted
    IT   923115885   18-Dec-1992   0602292   09-Jul-1997   Granted
    US   07/662699   01-Mar-1991   5290663   01-Mar-1994   Granted

 

3/12/2007    Page 1 of 4


Docket No./Sub Case

  Country   Application
No
  Filing Date   Patent No.   Issue Date   Status
2156-180A              
    JP   2903492   21-Jan-1992   3199812   15-Jun-2001   Granted
    US   07/645848   25-Jan-1991   5143819   01-Sep-1992   Granted
2156-181A              
    EP   91303732.1   25-Apr-1991   0456380   10-Jul-1996   Granted
    FR   91303732.1   25-Apr-1991   0458380   10-Jul-1996   Granted
    GB   91303732.1   25-Apr-1991   0456380   10-Jul-1996   Granted
    JP   11903791   25-Apr-1991   3068237   19 May-2000   Granted
  B   US   071671937   22-Mar-1991   5407784   18-Apr-1995   Granted
2156-183A              
  1   JP   243546/93   06-Sep-1993   3427849   16-May-2003   Granted
2156-184A              
    EP   94250113.1   29-Apr-1994   0624825   16-Jun-1999   Granted
    FR   94250113.1   29-Apr-1994   0624825   16-Jun-1999   Granted
    GB   94250113.1   29-Apr-1994   0624825   16-Jun-1999   Granted
    IT   94250113.1   29-Apr-1994   0624825   16-Jun-1999   Granted
    JP   119587/94   09-May-1994   3446062   04-Jul-2003   Granted
    US   08/059928   10-May-1993   5362605   08-Nov-1994   Granted
  B   US   08/242818   16-May-1994   5698371   16-Dec-1997   Granted
2156485A              
    DE   933060709   30-Jul-1993   0584970   22-Sep-1999   Granted
    EP   933060709   30-Jul-1993   0584970   22-Sep-1999   Granted
  A   US   07/924264   28-Aug-1992   5328805   12-Jul-1994   Granted
  B   US   08/003167   12-Jan-1993   5364741   15-Nov-1994   Granted
  C   US   08/246197   19-May-1994   5554712   10-Sep-1996   Granted
2156-187A              
    US   08/028715   09-Mar-1993   5268257   07-Dec-1993   Granted
2156-188A              
    AU   5945294   12-Apr-1994   665147   02-Apr-1996   Granted
    CA   2121865   21-Apr-1994   2121865   15-Aug-2006   Granted
    DE   P4339010.2   10-Nov-1993   P4339010.2   18-May-2000   Granted
    EP   94250153.7   14-Jun-1994   0634695   13-Sep-1999   Granted
    ES   94250153.7   14-Jun-1994   0634695   08-Sep-1999   Granted
    FR   94250153.7   14-Jun-1994   0634695   08-Sep-1999   Granted
    GB   94250153.7   14-Jun-1994   0634695   08-Sep-1999   Granted
    IT   94250153.7   14-Jun-1994   0634695   08-Sep-1999   Granted
    JP   162899/94   22-Jun-1994   3463953   22-Aug-2003   Granted

 

3/12/2007    Page 2 of 4


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
2156-191A            
    EP   949055834   03-Jan-1904   0678107   11-Jun-1997   Granted
    GB   949055834   03-Jan-1994   0678107   11-Jun-1997   Granted
    US   08/001363   07-Jan-1993   5362806   08-Nov-1994   Granted
2156-196A              
    US   07/592762   04-Oct-1990   5066537   19-Nov-1991   Granted
2156-200A              
  A   US   07/948338   21-Sep-1992   5233733   10-Aug-1993   Granted
2156-205A              
    CA   2122755   03-May-1994   2122755   16-Aug-2005   Granted
    CN   94106629.0   03-May-1994   21941066290   26-Dec-2001   Granted
    DE   943032151   04-May-1994   0631884   15-Jul-1998   Granted
    EP   943032151   04-May-1994   0631884   15-Jul-1998   Granted
    FR   943032151   04-May-1994   0631884   15-Jul-1998   Granted
    GB   943032151   04-May-1994   0631884   15-Jul-1998   Granted
    IT   943032151   04-May-1994   0631884   15-Jul-1998   Granted
    JP   11345094   02-May-1994   3391887   24-Jan-2003   Granted
    US   08/058067   04-May-1993   5347927   20-Sep-1994   Granted
2156-214A              
    US   07/299704   23-Jan-1989   4981750   01-Jan-1991   Granted
2156-226A              
    GB   9009094.5   23-Apr-1990   2243459   27-Oct-1993   Granted
2156-233A              
    GB   9008493.0   17-Apr-1990   2243226   30-Mar-1994   Granted
2156-236A              
    US   07/203782   07-Jun-1988   4927723   22-May-1990   Granted
2156-238A              
    JP   24355089   21-Sep-1989   2847798   06-Nov-1998   Granted
  1   US   07/248460   23-Sep-1988   4812357   14-Mar-1989   Granted
2156-243A              
    CA   475404   28-Feb-1965   1267475   03-Apr-1990   Granted
2156-250A              
  A   DE   943062000   23-Aug-1994   69432113.3   12-Feb-2003   Granted
  A   EP   94306200.0   23-Aug-1994   0640878   12-Feb-2003   Opposed
  A   FR   943062000   23-Aug-1994   0640878   12-Feb-2003   Granted

 

3/32/2007    Page 3 of 4


Docket No./Sub Case

  Country   Application No.   Filing Date   Patent No.   Issue Date   Status
  A   GB   943062000   23-Aug-1994   0640878   12-Feb-2003   Granted
21562544              
    US   071535819   11-Jun-1990   5147761   15-Sep-1992   Granted
21562714              
    CA   510782   04-Jun-1986   1268985   15-May-1990   Granted
21562794              
    US   07/092828   03-Sep-1987   4847182   11-Jul-1989   Granted

 

3/12/2007    Page 4 of 4


Annex lA to Schedule 3.08(a)

Trademark


Monday March 12, 2007    Trademark List by Owner   

Owner: MacDermid Acumen, Inc.

 

Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

ACCUTRACE

  

2156-T115B/

United States of America

  

Registered

1

  

73/377438

30-Jul-1982

  

1250784

13-Sep-1983

ANODEX (stylized) & circle design   

2156-T142/

United States of America

  

Registered

3

  

71/548972

06-Feb-1948

  

0512523

19-Jul-1949

AQUA MER

  

2156-T116/

Japan

  

Registered

1

  

560045483

07-May-1985

  

2633506

31-Mar-1994

AQUA MER

  

2156-T116/

United States of America

  

Registered

1

  

73/357378

29-Mar-1982

  

1258992

29-Nov-1983

AQUA MER (& design)   

2156-T106/

Taiwan

  

Registered

1

     

593165

16-Apr-1993

BIG COLOR

  

2156-T505A/

Australia

  

Registered

42

  

635596

22-Jul-1994

  

635596

22-Jul-1994

BIG COLOR

  

2156-T505/

France

   Registered 9, 35, 40, & 42   

94534323

30-Aug-1994

  

94534323

30-Aug-1994

BIG COLOR

  

2156-T505/

Germany

   Registered   

L38747/9 Wz

15-Jul-1994

  

2911484

21-Aug-1995

BIG COLOR

  

2156-T505/

Italy

  

Registered

9 & 42

  

M194C007023

19-Jul-1994

  

697813

23-Dec-1996

BIG COLOR

  

2156-T505/

Taiwan

  

Registered

9

  

771510

16-Aug-1997

  

771510

16-Aug-1997

BIG COLOR

  

2156-T505A/

United States of America

  

Registered

9 & 42

  

74/391850

18-May-1993

  

1919299

19-Sep-1995

BLACKHOLE

  

2156-T109/

United States of America

  

Registered

1

  

73/768508

29-Sep-1988

  

1624287

27-Nov-1990

BUFF-OFF

  

2156-T110/

United States of America

  

Registered

3

  

73/767944

07-Dec-1988

  

1574201

02-Jan-1990

CADVERT

  

2156-T117/

United States of America

  

Registered

1

  

73/150053

28-Nov-1977

  

1098457

08-Aug-1978

CHEMIDIZE

  

2156-T035/

Canada

   Registered   

1148574

31-Jul-2002

  

TMA599162

13-Jan-2004

CHEMID1ZE

  

2156-T035/

European Community

  

Registered

1

  

2816163

29-Jul-2002

  

2816163

07-Jan-2004


Monday, March 12, 2007   

Trademark List by Owner

   Page 2
     

Owner: MacDermid Colorspan, Inc.

     

 

Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

NUM ber/Date

CHEMIDIZE

   2156-T035/    Registered    2002-71069    4664125
   Japan    1    22-Aug-2002    18-Apr-2003

CHEMIDIZE

   2156-T035/    Registered    76/382590    2671999
   United States of America    1    15-Mar-2002    07-Jan-2003

CHROMKLAD

   2156-T039/    Pending    4839904   
   China (Peoples Republic)    I    16-Aug-2005   

CHROMKLAD

   2156-T039/    Registered    4591327    4591327
   European Community    1    08-Aug-2005    22-Aug-2006

CHROMKLAD

   2156-T039/    Registered    72661/2005    4933414
   Japan    1    04-Aug-2005    03-Mar-2006

CHROMKLAD

   2156-T039/    Registered    78/597876    3073369
   United States of America    1    30-Mar-2005    28-Mar-2006

CLEPO

   2156-T159/    Registered    75/446682    2284789
   United States of America    I & 3    09-Mar-1998    12-Oct-1999

COLORMARK

   2156-T527/    Registered    635603    635603
   Australia    9    22-Jul-1994    22-Jul-1994

COLORMARK

   2156-T527/    Registered    830504    558618
   Benelux    9    13-Ju1-1994    13-Jul-1994

COLORMARK

   2156-T527/    Registered    L387449Wz    2905383
   Germany    9    15-Jul-1994    02-May-1995

COLORMARK

   2156-T527/    Registered    M194C007013    702470
   Italy    9    19-Jul-1994    22-Jan-1997

COLORMARK

   2156-T527B/    Registered    75/224955    2474701
   United States of America    16    30-Dec-1996    07-Aug-2001

COLORMARK

   2156-T527A/    Registered    74/464282    1974001
   United States of America    9    30-Nov-1993    14-May-1996

COLORSPAN

   2156-T518B/    Registered    75/496074    2294198
   United States of America    2 & 16    04-Jun-1998    23-Nov-1999

COLORSPAN

   2156-T518A/    Registered    75/340481    2212563
   United States of America    9    25-Jul-1997    22-Dec-1998
ColorSpan by MacDermid & Design   

2I56-T553/

United States of America

  

Registered

9

  

76/179567

13-Dec-2000

  

2558447

09-Apr-2002


Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

ColorSpan by MacDermid & Design

   2156-T5521    Registered    76/179569    2558448
   United States of America    2 & 16    13-Dec-2000    09-Apr-2002

DISPLAYMAKER

   2156-T500/    Registered    635602    635602
  

Australia

   9    22-Jul-1994    22-Jul-1994

DISPLAYMAKER

   2156-T500/    Registered    803299    539031
  

Benelux

   9 & 16    15-Sep-1993    15-Sep-1994

DISPLAYMAKER

   2156-T500/    Registered    93486512    93486512
  

France

   9 & 16    06-Oct-1993    06-Oct-1993

DISPLAYMAKER

   2156-T500/    Registered    L375829Wz    2091812
  

Germany

      18-Sep-1993    13-Feb-1995

DISPLAYMAKER

   2156-T500/    Registered    M194C007014    706147
  

Italy

   9    19-Jul-1994    19-Mar-1997

DISPLAYMAKER

   2156-T500/B    Pending    2006-064840   
  

Japan

   9    12-Jul-2006   

DISPLAYMAKER

   2156-T500/B    Registered    40-2005-56528    681912
  

Korea, Republic of

   9    02-Dec-2005    16-0m-2006

DISPLAYMAKER

   2156-T500/2    Registered    82051411    638864
  

Taiwan

   72    18-Oct-1993    01-Apr-1994

DISPLAYMAKER

   2156-T500/1    Registered    74/376507    1973196
  

United States of America

   9    06-Apr-1993    07-May-1996

DYCLENE (stylized)

   2156-T141/    Registered    71/548973    0508586
  

United States of America

   1    06-Feb-1948    12-Apr-1949

ENDURA-CHROME

   2156-T525/    Registered    75/669856    2324357
  

United States of America

   2    29-Mar-1999    29-Feb-2000

ENVIRALLOY

   2156-T401C/    Published    823548635   
  

Brazil

   40    08-Feb-2001   

ENVIRALLOY

   2156-T401N    Published    82348619   
  

Brazil

   1    08-Feb-2001   

ENVIRALLOY

   2156-T401B/    Published    823548627   
  

Brazil

   6    08-Feb-2001   

ENVIRALLOY

   2156-T401A/    Registered    1086078    TMA571604
  

Canada

      14-Dec-2000    03-Dec-2002


Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

ENVIRALLOY

   2156-T401.A/    Registered    2001015225    1746457
   China (Peoples Republic)    1    01-Feb-2001    14-Apr-2002

ENVIRALLOY

   2156-T401C/    Registered    2001015226    1908929
   China (Peoples Republic)    6    01-Feb-2001    28-Aug-2002

ENVIRALLOY

   2156-T401B/    Registered    2001015227    1947515
   China (Peoples Republic)    40    01-Feb-2001    14-Sep-2002

ENVIRALLOY

   2156-1401/    Registered    1999499    1999499
   European Community    1, 6, & 40    13-Dec-2000    21-May-2003

ENVIRALLOY

   2156-T401A/    Registered    2000136722    4582684
   Japan       20-Dec-2000    05-Jul-2002

ENVIRALLOY

   2156-T401A/    Registered    2000-6005    6521
   Korea, Republic of    1, 6, 40    19-11-2000    01-Nov-2002

ENVIRALLOY

   2156-T401C/    Registered    509569    750807
   Mexico    1    01-Oct-2001    17-Jun-2002

ENVIRALLOY

   2156-T401B/    Registered    509568    750806
   Mexico    40    01-Oct-2001    17-Jun-2002

ENVIRALLOY

   2156-T401C/    Registered    89073088    983399
   Taiwan    1    19-Dec-2000    16-Feb-2002

ENVIRALLOY

   2156-T401B/    Registered    89073089    997954
   Taiwan    6    19-Dec-2000    16-May-2002

ENVIRALLOY

   2156-T401 A/    Registered    89073090    164958
   Taiwan    40    19-Dec-2000    16-Jun-2002

ENVIRALLOY

   2156-1401A/    Registered    76/236422    2897607
   United States of America    1    04-Apr-2001    26-Oct-2004

IRIDITE

   2156-T145/    Registered    324144    1711010
   France    1 and 6    10-Dec-1991    10-Dec-1991

IRIDITE

   2156-T145/    Registered    71/463002    0405074
   United States of America    1    25-Aug-1943    04-Jan-1944

IRILAC

   2156-T136/    Registered    72/045238    0679455
   United States of America    2    04-Feb-1958    02-Jun-1959

ISOBRITE

   2156-1137/    Registered    72/028207    0664241
   United States of America    1    15-Apr-1957    15-Jul-1958


Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

ISOPREP    21561122/    Registered    72/271579    0851606
   United States of America    1    16-May-1967    25-Jun-1968
KELITE    2156-T161/    Registered       121540$
   France    2, 3, 7, 8, 11, and 19    14-Oct-1992    14-Oct-1992
KENLEVEL    2156-T119/    Registered    72/437635    0968993
   United States of America    1    06-Oct-1972    25-Sep-1973
KENVERT    2156-T130C/    Registered    72/014731    0643837
   United States of America    2    28-Aug-1956    09-Apr-1957
KENVERT    2156-T130B/    Registered    72/156566    0771262
   United States of America    1    05-Nov-1962    09-Jun-1964
KILBORN    2156-T537/    Registered    75/670493    2564737
   United States of America    16    30-Mar-1999    23-Apr-2002
LASERMASTER    2156-T508/    Registered    L345629Wz    2072734
   Germany       03-Apr-1991    26-Jul-1994
MACDERMID    2156-T127/    Pending    4072694   
   China (Peoples Republic)    1    19-May-2004   
MACDERMID    2156-T127/    Registered    93017344    1128528
   Taiwan    001    19-Apr-2004    01-Dec-2004
MACDERMID    2156-T700/    Pending    78/852602   
   United States of America    1 & 17    03-Apr-2006   
MACDERMID    2156-T127A/A    Registered    72/213688    0805857
   United States of America    1    09-Mar-1965    22-Mar-1966
MACDERMID (stylized)    2156-T111/    Registered    73/708048    1543136
   United States of America    1    28-Jan-1988    13-Jun-1989
MACDERMID (stylized) w/ribbon    2156-T112/    Registered    73/708045    1502741
design    United States of America    1    28-Jan-1988    06-Sep-1988

MACDERMID …

RIGHT TO

   2156-T134A/    Registered    72/105527    0718012
THE FINISH (stylized) w/can    United States of America    3    30-Sep-1960    04-Ju1-1961
MACDERMID … RIGHT TO    2156-T1341B/    Registered    72/093080    0715258
THE FINISH (stylized) Wean    United States of America    1    17-Mar-1960    16-May-1961
MACRO (stylized)    2156-T135/    Registered    72/057821    0678718
   United States of America    1    25-Aug-1958    19-May-1959


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

MACUPLEX

   2156-1146/    Registered    78/513907    3045613
  

United States of America

   1    09-Nov-2004    17-Jan-2006

MERIGRAPH

   2156-T118A/    Registered    72/440885    0967945
  

United States of America

   1    10-Nov-1972    11-Sep-1973

MERIGRAPH

   2156-T118B/    Registered    72/440884    0968408
  

United States of America

   17    10-Nov-1972    18-Sep-1973

METALEX (stylized) & circle design

  

2156-1140/

United States of America

  

Registered

I

  

71/548975

06-Feb-1948

  

0510390

31-May-1949

METEX

   2156-T101B/    Registered    75/113122    2055262
  

United States of America

   3    03-Jun-1996    22-Apr-1997

METEX

   2156-T101A/    Registered    75/297044    2167515
  

United States of America

   1    23-May-1997    23-Jun-1998

METEX (stylized) w/circle design

  

2156-T139A/

United States of America

  

Registered

1

  

71/548974

06-Feb-1948

  

0514142

23-Aug-1949

METEX AQUALAC (stylized)

  

2156-T132/

United States of America

  

Registered

2

  

72/171464

20-Jun-1963

  

0769412

12-May-l964

METEX CI BRIGHT

   2156-1166/    Registered    76/234353    2561644
  

United States of America

   3    02-Apr-2001    16-Apr-2002

MICROTRACE

   2156-1107/    Registered    77084    549159
  

Benelux

   1    29-Mar-1994    29-Mar-1994

MICROTRACE

   2156-T107/    Registered    74/433852    1841595
  

United States of America

   1    09-Sep-1993    28-Jun-1994

MILLENNIUM

   2156-T158/    Registered    75/828858    2636054
  

United States of America

   7    21-Oct-1999    15-Oct-2002

NIKLAD

   2156-T163/    Registered    1035246    1035246
  

United Kingdom

   1    12-Sep-1974    12-Sep-1974

PERMA-CHROME

   2156-T521/    Registered    75/670003    2338251
  

United States of America

   2    29-Mar-1999    04-Apr-2000

PROSPHOTEX

   2156-1128/    Registered    72/197593    0797432
  

United States of America

   2    10-Jul-1964    12-Oct-1965

PRESSMATE

   2156-1515/    Registered    74/556223    2003483
  

United States of America

   9    02-Aug-1994    24-Sep-1996


Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

PRISM   

2156-T303/

European Community

  

Registered

1, 7,16 & 24

  

2670487

11-Apr-2002

  

2670487

23-Sep-2003

PRISM   

2156-1303/

United States of America

  

Registered

1

  

76/325062

12-Oct-2001

  

2671620

07-Jan-2003

PROQUEL   

2156-T121/

United States of America

  

Registered

1

  

72/373243

13-Oct-1970

  

0938393

25-Jul-1972

ROCHELEX (stylized)   

2156-T143/

United States of America

  

Registered

1

  

71/515887

06-Feb-1948

  

0506822

22-Feb-1949

SN   

2156-T123/

United States of America

  

Registered

1

  

72/236871

20-Jan-1966

  

0826314

28-Mar-1967

SNAC   

2156-T124/

United States of America

  

Registered

1

  

72/236219

12-Jan-1966

  

0826310

28-Mar-1967

SNAP   

2156-T125/

United States of America

  

Registered

1

  

72/236218

12-Jan-1966

  

0826309

28-Mar-1967

TORQUE N TENSION   

2156-T036/

European Community

  

Registered

1

  

3393659

03-Oct-2003

  

3393659

21-Mar-2005

TORQUE N TENSION   

2156-T036/

Japan

  

Registered

1

  

88238/2003

08-Oct-2003

  

4778617

11-Jun-2004

TORQUE N TENSION   

2156-T036/

United States of America

  

Registered

1

  

76/522452

13-Jun-2003

  

2926187

15-Feb-2005

TRIBLACK   

2156-1040/

China (Peoples Republic)

  

Pending

1

  

4977185

02-Nov-2005

  
TRIBLACK   

2156-T040/

European Community

  

Registered

1

  

4741831

10-Nov-2005

  

4741831

30-Oct-2006

TRIBLACK   

2156T040/

Japan

   Registered   

99803/2005

25-Oct-2005

  

4924974

27-Jan-2006

TRIBLACK   

2156-T040/

Taiwan

  

Registered

1 & 2

  

94051284

25-Oct-2005

  

1220126

16-Jul-2006

TRIBLACK   

2156-T040/

United States of America

  

Registered

1

  

78/634137

20-May-2005

  

3106449

20-Jun-2006

TURBORES   

2156-T501/

China (Peoples Republic)

   Registered   

91033548

18-Jul-1991

  

603052

20-Jul-1992

 


Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

TURBORES

   2156-T501/    Registered    1.345639Wz    2049155
   Germany       13-Apr-1991    10-Nov-1993

VCP

   2156-T034/    Registered    002672277    2672277
   European Community    9    17-Apr-2002    10-Sep-2003

VCP

   2156-T034/    Registered    76/376331    2680542
   United States of America    9    27-Feb-2002    28-Jan-2003

WINPRINT

   2156-T526/    Registered    L365049Wz    2046679
   Germany    9    27-Nov-1992    08-Oct-1993

YES WE CAN

   2156-1038/B    Pending    4547541   
   China (Peoples Republic)    42    18-Mar-2005   

YES WE CAN

   2156-1038/A    Pending    4547543   
   China (Peoples Republic)    1    18-Mar-2005   

YES WE CAN

   2156-T038/    Registered    4330321    4330321
   European Community    1 & 42    04-Mar-2005    18-Apr-2006

YES WE CAN

   2156.10381    Registered    2005-21794    4926710
   Japan    1 & 42    14-Mar-2005    03-Feb-2006

YES WE CAN

   2156-1038/    Registered    94009083    1222130
   Taiwan    1 & 42    02-Mar-2005    01-Aug-2006

YES WE CAN

   2156-1038/    Registered    78/490054    3130930
   United States of America    1 & 42    27-Sep-2004    15-Aug-2006

LMO

   United States of America    New application; not assigned to an examiner   

77/139,068

23-Mar-2007

   N/A


Monday, March 12, 2007   

Trademark List by Owner

   Page 1
     

Owner: MacDermid Colorspan, Inc.

     

 

Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

DISPLAYMAKER

MACH 12 (& design)

  

2156-T536/

United States of America

  

Registered

9

  

76/228537

23-Mar-2001

  

2584962

25-Jun-2002

TEXTACHROME   

2156-T539/

United States of America

  

Registered

2

  

76/175331

04-Dec-2000

  

2581442

18-Jun-2002


Monday, March 12, 2007

Owner: MacDermid Graphic Arts, Inc.

 

Trademark

  

Client-Matter/Subcase

Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

DIGITAL EPIC   

2156-T300/

European Community

  

Registered

1 & 7

  

1657170

15-May-2000

  

1657170

17-Sep-2001

DIGITAL EPIC   

2156-T300/

United States of America

  

Registered

7 & 17

  

76/050183

16-May-2000

  

2825490

23-Mar-2004

ENDURA   

2156-T314/

United States of America

  

Registered

16

  

74/236025

08-Jan-1992

  

1736499

01-Dec-1992

EPIC   

2156-T336/

Canada

   Registered   

661147

28-Jun-1990

  

406044

11-Dec-1992

EPIC   

2156-T370/

European Community

  

Registered

7 and 17

  

2611101

05-Mar-2002

  

2611101

27-Jun-2003

EPIC   

2156-T370/

United States of America

  

Registered

1 and 7

  

76/311569

12-Sep-2001

  

2639114

22-Oct-2002

FLEXCOR   

2156-T337/

France

  

Registered

1, 7, & 9

  

96617996

27-Mar-1996

  

96617996

11-Oct-1996

FLEXCOR   

2156-T337/

United States of America

  

Registered

1 & 7

  

75/031345

11-Dec-1995

  

2141317

03-Mar-1998

FLEX-LIGHT   

2156-T306A/

Brazil

   Registered   

006329632

19-May-1975

  

006329632

25-May-1976

FLEX-LIGHT   

2156-T306B/

Brazil

  

Registered

7

  

007068735

17-Sep-1976

  

007068735

25-Feb-1980

FLEX-LIGHT   

2156-T306/

Canada

   Registered   

380337

07-Nov-1974

  

213799

14-May-1976

FLEX-LIGHT   

2156-T306/

Switzerland

   Registered      

399059

07-May-1992

FLEX-LIGHT   

2156-T306A/

United States of America

  

Registered

1

  

72/460376

15-Jun-1973

  

0993532

24-Sep-1974

FLEX-LIGHT   

2156-T306B/

United States of America

  

Registered

1, 7, 9 and 11

  

73/129714

09-Jun-1977

  

1097799

01-Aug-1978

FLEX-LIGHT ATLAS   

2156-T339/

Canada

   Registered   

806817

13-Mar-1996

  

502110

09-Oct-1998

FLEX-LIGHT EPIC   

2156-T307/

United States of America

  

Registered

1

  

74/077056

10-Jul-1990

  

1710656

25-Aug-1992


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

HIGHLIGHT   

2156-T315/

United States of America

  

Registered

1 and 7

  

74/581518

13-Oct-1994

  

2055828

22-Apr-1997

LETTERFLEX   

2156-T309/

Canada

   Registered   

551137

23-Oct-1985

  

TMA321188

28-Nov-1986

LETTERFLEX   

2156-T309/

European Community

   Registered   

001518125

21-Feb-2000

  

001518125

07-May-2001

LETTERFLEX   

2156-T309/

France

   Registered   

0090575

16-Dec-1969

  

1564059

16-Dec-1969

LETTERFLEX   

2156-T309/

Germany

  

Registered

1, 7, 9, and 17

  

885200

06-Dec-1969

  

885200

07-Sep-1971

LETTERFLEX   

2156-T309A/

United States of America

  

Registered

1

  

72/281075

25-Sep-1967

  

0855774

03-Sep-1968

LETTERFLEX   

2156-T309B/

United States of America

  

Registered

1, 7 & 9

  

72/316164

09-Jan-1969

  

0881546

02-Dec-1969

LETTERFLEX logo

(circle design)

  

2156-T310/

Canada

   Registered   

551642

31-Oct-1985

  

TMA321300

05-Dec-1986

LETTERFLEX logo

(circle design)

  

2156-T310A/

United States of America

  

Registered

1

  

72/303306

22-Jul-1968

  

0871571

24-Jun-1969

LETTERFLEX logo

(circle design)

  

2156-T310B/

United States of America

  

Registered

1, 7 & 9

  

72/318353

05-Feb-1969

  

0882369

16-Dec-1969

NEWS IMAGE   

2156-T308/

Canada

   Registered   

553487

03-Dec-1985

  

332080

18-Sep-1987

OPTISLEEVE   

2156-T353/

Australia

  

Registered

9

  

824188

18-Feb-2000

  

824188

18-Feb-2000

OPTISLEEVE   

2156-T353/

European Community

   Registered   

001515642

18-Feb-2000

  

001515642

08-Jun-2001

POLY PLUS   

2156-T322/

United States of America

  

Registered

24

  

73/244730

28-Dec-1979

  

1162004

21-Jul-1981

POLYCELL   

2156-T320/

Canada

   Registered   

534135

07-Jan-1985

  

311708

28-Feb-1986

POLYCELL   

2156-T320/

United States of America

  

Registered

24

  

73/401928

08-Nov-1982

  

1282539

19-Jun-1984


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

POLYFIBRON

  

2156-T321B/

South Africa

  

Registered

16

   22-Jan-1980   

198100405

22-Jan-1981

POLYFIBRON

  

2156-T321A/

South Africa

  

Registered

1

     

198100404

22-Jan-1981

POLYFIBRON

  

2156-T321C/

United States of America

  

Registered

16

  

72/092153

04-Mar-1960

  

0706404

25-Oct-1960

POLYFIBRON

  

2156-T321A/

United States of America

  

Registered

17

  

72/126021

15-Aug-1961

  

0739815

23-Oct-1962

PREMIER

  

2156-T325/

Canada

   Registered   

183176

20-Oct-1943

  

UCA018353

20-Oct-1943

READYMOUNT

  

2156-T352/

United States of America

  

Registered

17

  

75/834203

28-Oct-1999

  

2629747

08-Oct-2002

SOLVIT

  

2156-T326/

United States of America

  

Registered

1

  

74/284315

15-Jun-1992

  

1752113

16-Feb-1993

SYNPAX

  

2156-T305/

United States of America

  

Registered

17

  

76/151437

20-Oct-2000

  

2603833

06-Aug-2002


Monday, March 12, 2007

Owner: MacDermid Imaging Technology, Incorporated

 

Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

AQUA MER

  

2156-T116/

Benelux

  

Registered

1

  

796637

23-Apr-1993

  

530910

23-Apr-1993

AQUA MER

  

2156-T116/

Italy

  

Registered

1

  

RM93C001512

07-May-1993

  

660427

17-Oct-1995


Monday, March 12, 2007

Owner: MacDermid, Incorporated

 

Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

ACCUJET

  

2156-T045/

United States of America

   Unfiled      

ACCUMASK

  

2156-T102/

Australia

  

Registered

1

  

459392

04-Feb-1987

  

A459392

04-Feb-1987

ACCUMASK

  

2156-T102A/

Hong Kong

  

Registered

1

  

114787

09-Mar-1987

  

3929

22-Dec-1989

ACCUMASK

  

2156-T102B/

Hong Kong

  

Registered

7

  

114787

09-Mar-1987

  

3930

22-Dec-1989

ACCUMASK

  

2156-T10213/

Japan

  

Registered

34

  

001497/87

12-Jan-1987

  

2264939

21-Sep-1990

ACCUMASK

  

2156-T102C/

Japan

  

Registered

10

  

135423/88

02-Dec-1988

  

2363643

25-Dec-1991

ACCUMASK

  

2156-T102A/

Japan

  

Registered

9

  

001498/87

12-Jan-1987

  

2261797

21-Sep-1990

ACCUMASK

  

2156-T102/

Sweden

  

Registered

1 & 7

  

871635

03-Mar-1987

  

211551

22-Jul-1988

ACCUMASK

  

2156-T102B/

United Kingdom

  

Registered

7

  

1301620

20-Feb-1987

  

1301620

04-Aug-1989

ACCUMASK

  

2156-T102A/

United Kingdom

  

Registered

1

  

1301619

20-Feb-1987

  

1301619

04-Aug-1989

ACCUTRACE

  

2156-T115/

Canada

   Registered   

516383

26-Jan-1984

  

TMA316992

01-Aug-1986

ACCUTRACE

  

2156-T115/

France

  

Registered

1, 7, 9

  

657045

07-Mar-1983

  

1231601

07-Mar-1983

ACCUTRACE

  

2156-T115/

Germany

  

Registered

1, 7 and 9

  

G302181 Wt;

03-Mar-1983

  

1053810

16-Sep-1983

ACCUTRACE

  

2156-T115A/

Ireland

  

Registered

1

  

60283

01-Mar-1983

  

107997

23-Jan-1985

ACCUTRACE

  

2156-T115/

Italy

  

Registered

1, 7 and 9

  

18024C83

14-Mar-1983

  

416315

14-Apr-1986

ACCUTRACE

  

2156-T115D/

Japan

  

Registered

34

  

039017/86

17-Apr-1986

  

2109263

23-Jan-1989


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

ACCUTRACE

  

2156-T115B/

Japan

  

Registered

1

  

004816/84

25-Jan-1984

  

1946349

30-Apr-1987

ACCUTRACE

   2156-T115A/ Singapore   

Registered

1

  

728

01-Feb-1987

  

T8700728G

19-Feb-1987

ACCUTRACE

  

2156-T115A/

United Kingdom

  

Registered

1

  

1191066

24-Feb-1983

  

1191066

13-Mar-1985

AL MAC

  

2156-T153/

Germany

  

Registered

1 & 40

  

M57346/40Wz

03-Oct-1985

  

1101121

12-Jan-1987

ANODEX

  

2156-T151/

Benelux

   Registered   

593933

17-Oct-1972

  

313449

15-Dec-1972

ANODEX

  

2156-T151 A/A

South Africa

  

Registered

1

  

72/1956

04-Apr-1972

  

72/1956

04-Apr-1972

ANODEX

  

2156-T151/

Spain

  

Registered

2

  

569443

07-Sep-1968

  

569443(4)

26-Apr-1974

ANODEX

   2156-T151/ Switzerland    Registered   

4525

05-Sep-1972

  

398357

06-Dec-1972

BLACKHOLE

  

2156-T109/

Austria

  

Registered

1

  

AM5009/90

03-Oct-1990

  

134560

04-Feb-1991

BLACKHOLE

  

2156-T109/

Benelux

  

Registered

1

  

752764

02-Oct-1990

  

487200

02-Oct-1990

BLACKHOLE

  

2156-T109/

Brazil

  

Registered

1

   02-Apr-1993   

817168184

07-Mar-1995

BLACKHOLE

  

2156-T109/

Canada

   Registered   

666167

10-Sep-1990

  

TMA405184

20-Nov-1992

BLACKHOLE

  

2156-T109/

China (Peoples Republic)

  

Registered

1

  

2001009572

01-Aug-2001

  

571502

20-Nov-2001

BLACKHOLE

  

2156-T109/

France

   Registered   

239124

25-Sep-1990

  

1616996

25-Sep-1990

BLACKHOLE

  

2156-T1091

Germany

   Registered   

0145541Wz

13-Sep-1990

  

1176830

24-May-1991

BLACKHOLE

  

2156-1109/

Greece

  

Registered

1

  

101799

28-Nov-1990

  

101799

17-Mar-1994


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

BLACKHOLE

  

2156-T109/

Hong Kong

   Registered   

893490

05-Nov-1990

  

41091992

15-Oct-1992

BLACKHOLE

  

2156-T109/

India

  

Registered

1

  

541414

07-Dec-1990

  

591414

07-Dec-1990

BLACKHOLE

  

2156-1109/

Israel

  

Registered

1

  

77979

26-Oct-1990

  

77979

06-Jan-1994

BLACKHOLE

  

2156-T109/

Italy

  

Registered

1

  

41652C/90

19-Sep-1990

  

90)475

13-Jul-1993

BLACKHOLE

  

2156-T109/

Japan

  

Registered

1

  

768508

29-Mar-1989

  

2405576

30-Apr-1992

BLACKHOLE

  

2156-T109/

Korea, Republic of

  

Registered

1

  

9028201

19-Sep-1990

  

223454

10-Oct-1991

BLACKHOLE

  

2156-T109/

Malaysia

  

Registered

1

  

90/06646

10-Oct-1990

  

90/06646

06-May-1995

BLACKHOLE

  

2156-T109/

Mexico

  

Registered

I

  

98905

17-Oct-1990

  

401023

18-Oct-1991

BLACKHOLE

  

2156-T109/

Russian Federation

  

Registered

1

  

127900

29-Oct-1990

  

97003

24-Jun-1991

BLACKHOLE

  

2156-T109/

Singapore

  

Registered

1

  

7749/90

09-Nov-1990

  

7749/90

09-Nov-1990

BLACKHOLE

  

2156-T109/

Spain

  

Registered

1

  

1592515

10-Oct-1990

  

1592515

03-Dec-1992

BLACKHOLE

  

2156-T109/

Switzerland

  

Registered

1

  

715919902

01-0ct-1990

  

385335

07-Oct-1991

BLACKHOLE

  

2156-T109/

Taiwan

  

Registered

1

  

7941093

17-Sep-1990

  

530087

01-Aug-1991

BLACKHOLE

  

2156-T109/

Thailand

   Pending   

434179

03-0ct-1990

   Kor124988

BLACKHOLE

  

2156-T109/

United Kingdom

  

Registered

1

  

1440161

13-Sep-1990

  

1440161

25-Oct-1991

Blackhole (in Korean)

  

2156-T156/

Korea, Republic of

   Registered   

9028202

19-Sep-1990

  

223455

10-Oct-1991


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

BLACKHOLE IN KATAKANA   

2156-T157/

Japan

   Registered   

2106920

20-Sep-1990

  

2525357

28-Apr-1993

CIRCU MET   

2156-T044/

United States of America

   Unfiled      
IRIDITE   

2156-1145/

Canada

   Registered   

0192138

22-Aug-1946

  

UCA28702

22-Aug-1946

IRIDITE   

2156-T145/

Germany

  

Registered

6

  

A06075

05-Ju1-1956

  

779728

13-Dec-1963

IRIDITE   

2156-T145/

Italy

  

Registered

2 and 6

  

RM2000C006110

24-Oct-1990

  

902181

24-Oct-1990

IRIDITE   

2156-T145/

Japan

  

Registered

1

  

S055-012786

22-Feb-1980

  

1581189

27-Apr-1983

IRIDITE   

2156-T145B/

Korea, Republic of

  

Registered

2

  

200137685

25-Aug-2001

  

541446

14-Feb-2003

IRILAC   

2156-T136/

France

   Registered    16-May-1989   

1531306

16-May-1989

IRILAC   

2156-T136/

Germany

   Registered    19-Feb-1990   

754167

l9-Feb-1990

IRILAC   

2156-T136/

Italy

  

Registered

2

  

RM2000C006111

24-Oct-1990

  

902182

24-Oct-1990

IRILAC   

2156-T1363/

Korea, Republic of

  

Registered

2

  

200137688

25-Aug-2001

  

541445

14-Feb-2003

IRILAC   

2156-T136/

Spain

   Registered    20-May-1988   

562655

20-May-1988

ISOBRITE   

2156-T137/

Canada

   Registered   

282552

26-May-1964

  

138500

18-Dec-1979

ISOBRITE   

2156-1137/

France

   Registered    16-May-1989   

1531307

16-May-1989

ISOBRITE   

2156-T137/

Germany

  

Registered

1

  

A9361

19-Feb-1960

  

754167

23-Oct-1961

ISOBRITE   

2156-1137/

Italy

  

Registered

1

  

RM2000C006109

24-Oct-1990

  

902180

24-Oct-1990


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

ISOBRITE   

2156-T137/

Japan

  

Registered

1

  

S55-012789

22-Feb-1980

  

1976418

19-Aug-1987

ISOPREP   

2156-T122/

Japan

  

Registered

1

     

1619323

29-Sep-1983

JS   

2156-T037/A

China (Peoples Republic)

  

Pending

1

  

4547545

18-Mar-2005

  
JS   

2156-T037/A

European Community

  

Registered

1

  

4330312

04-Mar-2005

  

4330312

18-Apr-2006

JS   

2156-T0371A

Taiwan

  

Registered

1

  

94009084

02-Mar-2005

  

1180510

16-Nov-2005

JS   

2156-T037/A

United States of America

  

Registered

1

  

78/486317

20-Sep-2004

  

3070399

21-Mar-2006

KELITE   

2156-T161/

Benelux

  

Registered

2, 3, and 7

   24-Sep-1987   

60214

24-Sep-1987

KELITE   

2156-T161B/

South Africa

   Registered    02-Jun-1971   

712474

02-Jun-1991

KELITE   

2156-T161A/

South Africa

   Registered    02-Jun-1971   

712473

02-Jun-1991

KELITE   

2156-T161 C/

South Africa

   Registered    02-Jun-1971   

712475

02-Jun-1991

KELITE   

2156-T161B/

United Kingdom

  

Registered

2

  

883232

18-Aug-1965

  

883232

18-Aug-1993

KENVERT   

2156-T130/

Argentina

   Registered   

2319252

06-Dec-2000

  

1819454

21-Feb-2001

KENVERT   

2156-T130B/

Brazil

  

Registered

2

  

814599168

11-Nov-1988

  

814599168

04-Sep-1990

KENVERT   

2156-T130A/

Brazil

  

Registered

1

  

814599184

11-Nov-1988

  

814599184

04-Sep-1990

KEYKOTE   

2156-T162B/

Korea, Republic of

  

Registered

1

  

40-2001-37686

25-Aug-2001

  

555845

08-Aug-2003

MACDERMID   

2156-T1271

Argentina

  

Registered

1

  

2206237

05-Mar-1999

  

1738631

01-Jun-1999


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

MACDERMID

  

2156-T127/

Brazil

  

Registered

1

  

2350483

30-Jun-1960

  

2350483

30-Jun-1970

MACDERMID

  

2156-1127/

Canada

   Registered   

342244

27-Apr-1971

  

TMA197601

22-Feb-1974

MACDERMID

  

2156-T127/

France

  

Registered

I, 3, 9, & 21

  

760632

16-Jul-1968

  

1477389

16-Jul-1968

MACDERMID

  

2156-T127/

Germany

  

Registered

I

  

M305071Wz

13-Dec-1968

  

874828

06-Nov-1970

MACDERMID

  

2156-T127/

Israel

  

Registered

1

  

36134

13-Sep-1972

  

36134

05-Jan-1975

MACDERMID

  

2156-T127/

Italy

  

Registered

1 & 2

  

25971068

22-Aug-1968

  

816160

06-Jun-1969

MACDERMID

  

2156-T127/

Japan

  

Registered

1 & 2

  

5850268

22-Aug-1968

  

888603

09-Feb-1971

MACDERMID

  

2156-T127/

Mexico

  

Registered

1

  

149298

07-Sep-1992

  

427555

07-Sep-1992

MACDERMID

  

2156-T127A/

South Africa

  

Registered

I

  

B721957

04-Apr-1972

  

B721957

02-Apr-1973

MACDERMID

  

2156-T127/

Spain

  

Registered

2

  

569444

07-Sep- 1968

  

569444

26-Apr-1974

MACDERMID

  

2156-T127/

Sweden

  

Registered

1

  

445172

13-Oct-1972

  

142113

16-Feb-1973

MACDERMID

   2156-T127/ Switzerland   

Registered

1, 2, & 3

  

4526

05-Sep-1972

  

398358

06-Dec-1972

MACDERMID ... RIGHT TO THE FINISH   

2156-T147/

Benelux

   Registered   

593934

17-Oct-1972

  

313450

15-Dec-1972

MACDERMID ... RIGHT TO THE FINISH   

2156-T147B/

Brazil

  

Registered

3

  

127776

19-Jan-1976

  

760.012.776

24-Feb-1982

MACDERMID ... RIGHT TO THE FINISH   

2156-T147A/

Brazil

  

Registered

1.30

  

128476

19-Jan-1976

  

6564011

10-Jun-1977

MACDERMID ... RIGHT TO THE FINISH   

2156-T147/

Israel

  

Registered

3

  

36135

13-Sep-1972

  

36135

29-Nov-1974


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

MACDERMID ... RIGHT TO THE FINISH   

2156-T147/

Spain

  

Registered

35

  

569445

05-Mar-1974

  

744487(7)

31-Oct-1977

MACDERMID ... RIGHT TO THE FINISH   

2156-T147/

Switzerland

   Registered   

4527

05-Sep-1972

  

398359

06-Dec-1972

MACDERMID ... RIGHT TO THE FINISH (design)   

2156-T134/

Canada

   Registered   

342610

11-May-1971

  

TMA184331

14-Jul-1972

MACDERMID ... RIGHT TO THE FINISH (design)   

2156-T134/

Sweden

  

Registered

1, 3

  

4452/72

13-Oct-1972

  

143632

29-Jun-1973

MACDERMID ... RIGHT TO THE FINISH (design)   

2156-T147/

United Kingdom

  

Registered

1

  

974161

26-Apr-1971

  

974161

26-Apr-1971

MACDERMID STERLING   

2156-T013/B

European Community

  

Pending

1

  

5624762

21-Dec-2006

  

MACRO

   2156-T148/    Registered    593935    313451
  

Benelux

      17-Oct-1972    15-Dec-1972

MACRO

   2156-1148/    Registered    342245    TMA182941
  

Canada

      27-Apr-1971    05-May-1972

MACRO

   2156-T148/    Registered    4528    398360
  

Switzerland

      05-Sep-1972    06-Dec-1972

MACUPLEX

   2156-1146/    Registered    593936    313452
  

Benelux

      17-Oct-1972    15-Dec-1972

MACUPLEX

   2156-1146/    Registered    342246    TMA182942
  

Canada

      27-Apr-1971    05-May-1972

MACUPLEX

   2156-T/ 46/    Registered    4529    398361
  

Switzerland

      05-Sep-1972    06-Dec-1972

METEX

   2156-T101A/    Registered    342247    TMA182943
  

Canada

      27-Apr-1971    05-May-1972

METEX

   2156-T101A/    Registered    36138    36138
  

Israel

   1    13-Sep-1972    11-Aug-1975

METEX

   2156-T101A/    Registered    721961    721961
  

South Africa

      04-Apr-1972    01-Feb-1973

METEX

   2156-T101 A/    Registered    4530    398356
  

Switzerland

      05-Sep-1972    06-Dec-1972


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

METER JS-500

   2156-T171/    Registered       1456757
   United Kingdom    1    26-Feb-1991    31-Jul-1992

MICROTRACE

   2156-T107/    Registered    757089    TMA503294
   Canada       15-Jun-1994    29-Oct-1998

MICROTRACE

   2156-T107/    Registered    281766    281766
   European Community    1    30-May-1996    30-Oct-1998

MICROTRACE

   2156-T107/    Registered    G44410/WZ    2091560
   Germany    1    30-Mar-1994    08-Feb-1995

MICROTRACE

   2156-T107/    Registered    M194C002992    694388
   Italy    1    29-Mar-1994    04-Dec-1996

MICROTRACE

   2156-T107/    Registered    60020/94    3291213
   Japan    1    20-Jun-1994    25-Apr-1997

MICROTRACE

   2156-T107/    Registered    2293671    2293671
   Spain    1    23-Feb-2000    05-Jan-2001

MICROTRACE

   2156-T107/    Registered    1566962    B1566962
   United Kingdom    1    25-Mar-1994    24-Mar-1995

M-PASS

   2156-T005/    Registered    2001131740    1970584
   China (Peoples Republic)    1    24-Jul-2001    07-Dec-2002

M-PASS

   2156-T005/    Registered    2316909    2316909
   European Community    1    16-Jul-2001    27-Sep-2002

M-PASS

   2156-T005/    Registered    200181170    4841548
   Japan    1    07-Sep-2001    25-Feb-2005

M-PASS

   2156-T005/    Registered    90029369    1008820
   Taiwan    1    09-Jul-2001    01-Aug-2002

M-PASS

   2156-T005/    Registered    76/230639    2636976
   United States of America    1    23-Mar-2001    15-Oct-2002

M-SYSTEM

   2156-T002/    Registered    002063303    2063303
   European Community    1    17-Jan-2001    25-Apr-2002

M-SYSTEM

   2156-T002/    Registered    40-2001-5385    40538391
   Korea, Republic of    1    14-Feb-2001    30-Dec-2002

M-SYSTEM

   2156-T002/    Registered    T01/00625B    T01/00625B
   Singapore    1    15-Jan-2001    01-Sep-2000


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

MULTIBOND

  

2156-T032/

European Community

  

Registered

1

  

654962

09-Oct-1997

  

654962

01-Jun-1999

NEW DIMENSIONS

  

2156-T100/

United States of America

  

Registered

3

  

75/327008

18-Jul-1997

  

2178483

04-Aug-1998

NIKLAD

  

2156-T163/

Australia

  

Registered

1

   01-Apr-1984   

237546

01-Apr-1984

NIKLAD

  

2156-T163/

France

   Registered   

1480225

27-Jul-1988

  

1480225

27-Jul-1988

NIKLAD

  

2156-T153/

Japan

  

Registered

1

  

127841980

22-Feb-1980

  

1628277

27-Oct-1993

NIKLAD

  

2156-TI 6313/

Korea, Republic of

  

Registered

1

  

402002360

04-Jan-2002

  

549535

30-May-2003

NIKLAD

  

2156-T163A/

Spain

  

Registered

2

   13-Jan-1970   

606302

27-May-1973

NIKLAD

  

2156-T163B/

Spain

  

Registered

40

   13-Jan-1970   

606303

02-Jun-1976

NIKLAD

  

2156-T104/

United States of America

  

Registered

1

  

74/736586

25-Sep-1995

  

1999886

10-Sep-1996

NIKLAD REVOLUTION

  

21564004/

Canada

  

Registered

1

  

1102714

l0-May-2001

  

574126

21-Jan-2003

NIKLAD REVOLUTION

  

2156-T004/

European Community

  

Registered

1

  

002234094

15-May-2002

  

2234094

20-Jan-2003

NIKLAD REVOLUTION

  

2156-T004/

Japan

  

Registered

1

  

2001-52009

08-Jun-2001

  

4607514

27-Sep-2002

NIKLAD REVOLUTION

  

2156-T004/

United States of America

  

Registered

1

  

76/192407

10-Jan-2001

  

2546784

12-Mar-2002

PHOSPHOTEX

  

2156-T128/

Benelux

   Registered   

593938

17-Oct-1972

  

313454

15-Dec-1972

PHOSPHOTEX

  

2156-T128/

Canada

   Registered   

342248

27-Apr-1971

  

TMA182944

05-May-1972

PHOSPHOTEX

  

2156-T128/

Switzerland

   Registered   

4531

05-Sep-1972

  

398362

06-Dec-1972


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

PRIMEJET   

2156-T046/

United States of America

   Unfiled      
STANTEK   

2156-T003/

European Community

  

Registered

1

  

2063253

17-Jan-2001

  

2063253

18-Dec-2002

STANTEK   

2156-T003/

Singapore

  

Registered

1

  

T0100626J

15-Jan-2001

  

T0100626J

18-Sep-2000

STANTEK   

2156-T003/

Taiwan

  

Registered

1

  

90001240

16-Jan-2001

  

1008794

01-Aug-2002

STANTEK   

2156-T003/

United States of America

  

Registered

1

  

76/130249

18-Sep-2000

  

2496154

09-Oct-2001

STERLING   

2156-T013/

United States of America

  

Registered

1

  

76/264434

30-May-2001

  

2581819

18-Jun-2002

TWINLOCK   

2156-T001/

United States of America

  

Registered

1

  

75/806090

22-Sep-1999

  

2465123

03-Jul-2001

ZINKLAD   

2156-T006/

European Community

  

Registered

1

  

2358430

22-Aug-2001

  

2358430

13-Nov-2002

ZINKLAD   

2156-T006/

Japan

  

Registered

1

  

2001-81171

07-Sep-2001

  

4571004

24-May-2002

ZINKLAD   

2156-T006/

United States of America

   Registered   

76/260763

22-May-2001

  

2815391

17-Feb-2004


Monday, March 12, 2007

Owner: MacDermid Printing Solutions, LLC

 

Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

CITRUS

  

2156-T600/

European Community

  

Registered

1

  

3393642

03-Oct-2003

  

3393642

01-Feb-2005

CITRUS

  

2156-T600/

Japan

  

Registered

1

  

88239/2003

08-Oct-2003

  

4929166

17-Feb-2006

CITRUS

  

2156-T600/

United States of America

  

Registered

7

  

76/515560

9-May-2003

  

2957617

31-May-2005

DURA-WEB

  

2156-T602/

United States of America

   Unfiled      

HARD HAT

  

2156-T604/

United States of America

   Unfiled      

LAVA

  

2156-T601/B

China (Peoples Republic)

  

Published

7

  

4259622

08-Sep-2004

  

LAVA

  

2156-T601/A

China (Peoples Republic)

  

Pending

1

  

4259621

08-Sep-2004

  

LAVA

  

2156-T601/

European Community

  

Registered

1 & 9

  

4023156

02-Sep-2004

  

4023156

03-Jan-2006

LAVA

  

2156-T601/

Japan

  

Registered

1

  

2004-81413

03-Sep-2004

  

4879833

15-Jul-2005

LAVA

  

2156-T601/

Taiwan

  

Registered

1 & 7

  

93040294

31-Aug-2004

  

1160093

16-Jun-2005

LAVA

  

2156-T601/A

United States of America

  

Registered

1 & 9

  

78/380383

08-Mar-2004

  

3064393

28-Feb-2006

SYMMETRIX

  

2156-T605/

United States of America

   Unfiled      

WEB-PRO

  

2156-T603/

United States of America

   Unfiled      


Monday, March 12, 2007

Owner: Napp Systems, Inc.

 

Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

NAPP

  

2156-T203B/

Australia

   Registered   

272342

19-Sep-1972

  

272342

19-Sep-1972

NAPP

  

2156-T203A/

Australia

  

Registered

9

  

261976

19-Sep-1972

  

261976

19-Sep-1972

NAPP

  

2156-T203/

Austria

   Registered   

232879

30-Aug-1979

  

93163

20-Feb-1980

NAPP

  

2156-T203/

Benelux

  

Registered

1, 7 and 9

  

593629

28-Sep-1972

  

314316

28-Sep-1972

NAPP

  

2156-T203/

Canada

   Registered   

353363

16-May-1972

  

TMA219947

07-Apr-1977

NAPP

  

2156-T203B/

Egypt

   Registered      

57042

11-Jan-1981

NAPP

  

2156-T203A/

Egypt

   Registered      

57043

11-Jan-1981

NAPP

  

2156-T203/

European Community

   Registered   

1880665

29-Sep-2000

  

1880665

25-Apr-2002

NAPP

  

2156-T203/

France

  

Registered

1, 7, 9

  

1212390

06-Aug-1982

  

1212390

06-Sep-1992

NAPP

  

2156-T203A/

Germany

  

Registered

1, 7, 9, and 11

  

911499

22-Sep-1972

  

911499

06-Nov-1973

NAPP

  

2156-T203A/

Greece

   Registered   

64543

17-Sep-1979

  

64543

17-Sep-1979

NAPP

  

2156-T203/

Indonesia

   Registered    16-Oct-1989   

254677

16-Oct-1989

NAPP

  

2156-T203/

Ireland

   Registered   

96398

29-Aug-1979

  

96398

29-Aug-1979

NAPP

  

2156-T203/

Italy

   Registered   

T092C001687

28-Sep-1972

  

286225

12-Dec-1974

NAPP

  

2156-T203B/

Japan

  

Registered

1

  

48282/1972

07-Apr-1972

  

1166787

27-Oct-1975

NAPP

  

2156-T203/

Korea, Republic of

  

Registered

7 & 16

   2004-3391   

41339

20-Jan-1975


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

NAPP   

2156-T203B/

New Zealand

  

Registered

1

  

108180

09-May-1974

  

108180

29-Apr-1976

NAPP   

2156-T203/

Poland

   Registered      

857752

29-Oct-1979

NAPP   

2156-T203/

Serbia (Old Code)

   Registered   

Z65279

09-Sep-1979

  

35846

25-Jul-1991

NAPP   

2156-1203/

Singapore

  

Registered

9

  

B55872

27-Sep-1972

  

T72/55872Z

27-Sep-1972

NAPP   

2156-T203/

Slovakia

   Registered    51298   

164342

27-Mar-1980

NAPP   

2156-1203/

South Africa

   Pending    28-Aug-1979    794577
NAPP   

2156-T203B/

Spain

   Registered    20-Sep-1979   

919405

05-Sep-1980

NAPP   

2156-T203/

Sweden

  

Registered

1 & 7

  

7204073

19-Sep-1972

  

145669

18-Jan-1974

NAPP   

2156-T203/

Switzerland

   Registered   

687419922

20-Sep-1992

  

400799

20-Sep-1992

NAPP   

2156-T203/

Taiwan

  

Registered

19

     

63322

01-May-1973

NAPP   

2156-T203A/

Thailand

  

Registered

1

  

238988

26-Dec-1972

  

KOR5189

20-Dec-1995

NAPP   

2156-T203/

Turkey

   Registered      

118447

31-Mar-1990

NAPP   

2156-T203/

United States of America

  

Registered

9

  

72/426981

12-Jun-1972

  

0999390

10-Dec-1974

NAPP (stylized)   

2156-T204/

United States of America

  

Registered

9

  

73/101286

27-Sep-1976

  

1087637

21-Mar-1978

NAPPCOAT   

2156-T205/

European Community

  

Registered

7

  

671164

07-Nov-1997

  

671164

21-Apr-1999

NAPPCOAT   

2156-T205/

Japan

  

Registered

7

  

175251/97

10-Nov-1997

  

4250312

12-Mar-1999


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

NAPPCOAT

  

2156-T205/

United States of America

  

Registered

7

  

75/289232

09-May-1997

  

2229567

02-Mar-1999

NAPPFLEX

  

2156-T206/

Benelux

   Registered   

632261

06-Sep-1979

  

360970

06-Sep-1979

NAPPFLEX

  

2156-T206/

Denmark

  

Registered

1 & 7

  

VA197903595

30-Aug-1979

  

VR198001086

22-Feb-1980

NAPPFLEX

  

2156-T206/

European Community

  

Registered

1, 7, 16, and 41

  

1880418

29-S9-2000

  

1880418

28-Oct-2002

NAPPFLEX

  

2156-T206/

Finland

   Registered   

423279

29-Aug-1979

  

79963

21-Dec-1981

NAPPFLEX

  

2156-T206/

France

   Registered   

148356

07-Aug-1989

  

1544996

07-Aug-1989

NAPPFLEX

  

2156-T206/

Germany

   Registered   

16672IWZ

10-Sep-1979

  

1007260

05-Sep-1980

NAPPFLEX

  

2156-T206/

Italy

  

Registered

1 and 7

  

20882C79

17-Sep-1979

  

881828

04-Nov-1985

NAPPFLEX

  

2156-T706/

Sweden

   Registered   

794543

29-Aug-1979

  

171092

15-Feb-1980

NAPPFLEX

  

2156-T206/

Switzerland

   Registered   

4661

10-Sep-1979

  

P302063

10-Sep-1979

NAPPFLEX

  

2156-T206/

United States of America

  

Registered

7

  

73/147814

08-Nov-1977

  

1101236

05-Sep-1978

NAPPLATE

  

2156-T207/

European Community

   Registered   

1879923

29-Sep-2000

  

1879923

19-Dec-2002

NAPPLATE

  

2156-T207/

United States of America

  

Registered

1

  

73/797112

01-May-1989

  

1578465

23-Jan-1990

NAPPSIGN

  

2156-T209/

Japan

   Registered   

17525297

10-Nov-1997

  

4338904

26-Nov-1999


Monday, March 12, 2007

Owner: Polyfibron Technologies, Inc.

 

Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

ATLAS

  

2156-T338/

Australia

  

Registered

7

  

705980

04-Apr-1996

  

705980

04-Apr-1996

ATLAS

  

2156-T338/

European Community

  

Registered

7

  

163758

01-Apr-1996

  

163758

10-Jul-1998

FLEXCOR

  

2156-T337/

Australia

  

Registered

1, 7, & 1l

  

701937

07-Feb-1996

  

701937

07-Feb-1996

FLEXCOR

  

2156-T337/

Germany

  

Registered

1, 7, & 9

  

39608003

12-Feb-1996

  

39608003

09-Sep-1996

LETTERFLEX

  

2156-T309/

Italy

  

Registered

1, 7, & 9

  

16912

26-Jan-1970

  

590377

20-Jan-1970


Monday, March 12, 2007

Owner: PT Sub, Inc.

 

Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

DALEX

  

2156-T312/

United Kingdom

  

Registered

17

   17-Nov-1939   

609744

17-Nov-1939

DURAMIC

  

2156-T313/

Australia

  

Registered

16

   A238707   

A238707

07-May-1970

FLEX-LIGHT

  

2156-T306C/

Argentina

  

Registered

9

     

1311058

19-Sep-1988

FLEX-LIGHT

  

2156-T306B/

Argentina

  

Registered

7

   1714656   

1311059

19-Sep-1988

FLEX-LIGHT

  

2156-T306A/

Argentina

  

Registered

1

   2176289   

1311057

19-Sep-1988

FLEX-LIGHT

  

2156-T306D/

Australia

  

Registered

11

     

A308162

15-Jun-1977

FLEX-LIGHT

  

2156-T306C/

Australia

  

Registered

9

     

A308161

15-Jun-1977

FLEX-LIGHT

  

2156-T306A/

Australia

  

Registered

1

  

287226

13-May-1975

  

287226

13-May-1975

FLEX-LIGHT

  

2156-T306A/

Chile

  

Registered

1

     

542956

21-Jun-1999

FLEX-LIGHT

  

2156-T306B/

Chile

  

Registered

1

     

542950

21-Jun-1999

FLEX-LIGHT

  

2156-T306/C

China (Peoples Republic)

  

Registered

1

  

3776460

30-Oct-2003

  

3776460

07-Feb-2006

FLEX-LIGHT

  

2156-T306/D

China (Peoples Republic)

  

Registered

9

  

3776631

30-Oct-2003

  

3776631

07-Sep-2005

FLEX-LIGHT

  

2156-T306/

European Community

  

Registered

1, 7, 9, 11, and 17

  

418400

22-Nov-1996

  

418400

02-Feb-1999

FLEX-LIGHT

  

2156-T306/

Hong Kong

  

Registered

1

  

23/1977

30-Apr-1975

  

23/1977

30-Apr-1975

FLEX-LIGHT

  

2156-T306A/

Indonesia

   Registered      

424659

04-Jan-1979

FLEX-LIGHT

  

2156-T306B/

Indonesia

   Registered      

424660

04-Jan-I979


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

FLEX-LIGHT   

2156-T306C/

Indonesia

   Registered      

425280

04-Jan-1979

FLEX-LIGHT   

2156-T306D/

Indonesia

   Registered      

424658

04-Jan-1979

FLEX-LIGHT   

2156-T306A/

Ireland

  

Registered

1

  

1084/75

22-Apr-1975

  

87352

22-Apr-1975

FLEX-LIGHT   

2156-T306C/

Ireland

  

Registered

9

  

1375/77

10-Jun-1977

  

91799

10-Jun-1977

FLEX-LIGHT   

2156-T306B/

Ireland

  

Registered

7

  

1374/77

10-Jun-1977

  

91798

10-Jun-1977

FLEX-LIGHT   

2156-T306/

Japan

  

Registered

1

  

5107575

01-Apr-1975

  

2489348

25-Dec-1992

FLEX-LIGHT   

2156-T306A/

Mexico

  

Registered

1

  

38906

11-Mar-1988

  

358665

26-Jan-1989

FLEX-LIGHT   

2156-T306B/

Mexico

  

Registered

26

  

90007

02-Jun-1975

  

196579

21-Jul-1976

FLEX-LIGHT   

2156-T306D/

New Zealand

  

Registered

9

   13-Jun-1977   

B119749

13-Jun-1977

FLEX-LIGHT   

2156-T306A/

New Zealand

  

Registered

1

   13-Jun-1977   

B119747

13-Jun-1977

FLEX-LIGHT   

2156-T306C/

New Zealand

  

Registered

7

   13-Jun-1977   

B119748

13-Jun-1977

FLEX-LIGHT   

2156-T306E/

New Zealand

  

Registered

I1

   13-Jun-1977   

B119750

13-Jun-1977

FLEX-LIGHT   

2156-T306B/

New Zealand

  

Registered

7

   26-May-1994   

237273

26-May-1994

FLEX-LIGHT   

2156-T306C/

Singapore

  

Registered

9

  

72140

29-Jun-1977

  

T77/72140H

29-Jun-1984

FLEX-LIGHT   

2156-T306A/

Singapore

  

Registered

1

  

64258

14-May-1975

  

T75/64258F

14-May-1982

FLEX-LIGHT   

2156-T306B/

Sweden

  

Registered

9 & 11

  

161528

10-Jun-1977

  

161528

02-Dec-1977


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

FLEX-LIGHT   

2156-T306A/

Sweden

  

Registered

1, 7 and 17

  

154476

22-Apr-1975

  

154476

27-Feb-1976

FLEX-LIGHT   

2156-T306B/

Taiwan

  

Registered

78

  

78542

01-Oct-1975

  

78542

01-Oct-1975

FLEX-LIGHT   

2156-T306A/

Taiwan

  

Registered

73

   77-40436   

447779

01-Jun-1989

FLEX-LIGHT    2156-T306A/ Venezuela   

Registered

1

     

F-083859

11-Jan-1977

FLEX-LIGHT (design)   

2156-T306/

Spain

  

Registered

7

  

821483

21-Jun-1976

  

821483

28- Mar-1978

FLEX-LIGHT (logo)   

2156-T306/

Germany

  

Registered

9

  

4574

14-May-1976

  

958128

23- May-1977

FLEX-LIGHT (stylized)   

2156-T306/

France

  

Registered

9

  

1341931

07-Feb-1986

  

1341931

07-Feb-1986

FLEX-LIGHT (stylized)   

2156-T306D/

Singapore

  

Registered

11

  

72141

29-Jun-1977

  

T77/72141F

29-Jun-1984

LETTERFLEX   

2156-T309A/

Australia

  

Registered

1

  

A234587

02-Dec-1969

  

A234587

02-Dec-1969

LETTERFLEX   

2156-T309B/

Australia

  

Registered

7

  

A234586

02-Dec-1969

  

A234586

02-Dec-1969

LETTERFLEX   

2156-T309C/

Australia

  

Registered

9

  

A234585

02-Dec-1969

  

A234585

02-Dec-1969

LETTERFLEX   

2156-T309C/

Japan

  

Registered

7

  

5922/93

26-Jan-1993

  

3130839

29- Mar-1996

LETTERFLEX   

2156-T309B/

Japan

  

Registered

1

  

221514

01-Dec-1969

  

1243951

10-Jan-1977

LETTERFLEX   

2156-T309C/

New Zealand

  

Registered

9

  

107175

07-Feb-1974

  

107175

07- Feb-1974

LETTERFLEX   

2156-T309A/

New Zealand

  

Registered

1

  

107173

07-Feb-1974

  

107173

07- Feb-1974

LETTERFLEX   

2156-T309B/

New Zealand

  

Registered

7

  

107174

07-Feb-1974

  

107174

07- Feb-1974


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

LETTERFLEX

  

2156-T309D/

United Kingdom

  

Registered

1

  

951894

02-Dec-1969

  

951894

02-Dec-1969

LETTERFLEX

  

2156-T309A/

United Kingdom

  

Registered

7

  

1248688

20-Aug-1985

  

1248688

20-Aug-1985

LETTERFLEX

  

2156-T309B/

United Kingdom

  

Registered

9

  

951896

02-Dec-1969

  

951896

02-Dec-1969

LETTERFLEX

  

2156-T309C/

United Kingdom

  

Registered

7

  

951895

02-Dec-1969

  

951895

02-Dec-1969

LETTERFLEX

  

2156-T309E/

United Kingdom

  

Registered

6

  

1182854

05-Oct-1982

  

1182854

05-Oct-1982

LETTERFLEX

  

2156-T309F/

United Kingdom

  

Registered

7

  

1182855

05-Oct-1982

  

1182855

05-Oct-1982

LETTERFLEX

  

2156-T309G/

United Kingdom

  

Registered

9

  

1182856

05-Oct-1982

  

1182856

05-Oct-1982

LETTERFLEX

  

2156-T309H

United Kingdom

  

Registered

16

  

1182857

05-Oct-1982

  

1182857

05-Oct-1982

POLY PLUS

  

2156-T322/

Australia

  

Registered

16

  

396340

01-Sep-1983

  

396340

01-Sep-1983

POLYFIBRON

  

2156-T321/

Germany

  

Registered

24

     

799814

29-Jan-1964

POLYFIBRON

  

2156-T321/

Japan

  

Registered

7

  

56350/79

27-Jul-1979

  

1684796

29-May-1984

POLYFIBRON

  

2156-T321D/

United Kingdom

  

Registered

24

  

854114

16-Sep-1963

  

854114

16-Sep-1964

POLYFIBRON

  

2156-T321A/

United Kingdom

  

Registered

1

  

854111

16-Sep-1963

  

854111

16-Jul-1964

POLYFIBRON

  

2156-T321C/

United Kingdom

  

Registered

16

  

854113

16-Sep-1963

  

854113

01-Jul-1964

POLYFIBRON

  

2156-T321B/

United Kingdom

  

Registered

7

  

854112

16-Sep-1963

  

854112

16-Jul-1964

POLYSTICK

  

2156-1323/

Australia

  

Registered

16

  

396339

01-Sep-1983

  

396339

01-Sep-1983


Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

POLYSTICK

  

2156-T323/

New Zealand

   Registered   

107172

01-Feb-1974

  

107172

01-Feb-1974

POLYWEB

  

2156-T324/

Australia

  

Registered

16

  

396341

01-Sep-1983

  

396341

01-Sep-1983

POLYWEB

  

2156-T324/

New Zealand

   Registered   

107176

01-Feb-1974

  

107176

01-Feb-1974

SOLVIT

  

2156-1340/

European Community

  

Registered

1

  

256628

23-May-1996

  

256628

30-Sep-1998


Monday, March 12, 2007

Owner: W. Canning, Inc.

 

Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

OCEANIC

  

2156-T402B/

Brazil

  

Registered

1

  

820996599

23-Oct-1998

  

820996599

25-Nov-2003

OCEANIC

  

2156-T402A/

United States of America

  

Registered

1

  

75/525317

24-Jul-1998

  

2281378

28-Sep-1999


Monday, March 12, 2007

Owner: W. Canning Limited

 

Trademark

  

Client-Matter/Subcase
Country Name

  

Status

Class(es)

  

Application

Number/Date

  

Registration

Number/Date

CANNING

  

2156-T403B/

Singapore

  

Pending

3

   27-Feb-1939    T3900075H

CANNING

  

2156-T403A/

Singapore

  

Pending

1

   27-Feb-1939    T3900076F


SCHEDULE 3.08(b)

Subsistence; Expiration; Abandonment

None.


SCHEDULE 3.08(c)

Licenses, Etc.

None.


SCHEDULE 3.08(d)

Validity and Enforceability

None.


SCHEDULE 3.08(e)

Actions and Proceedings

 

1. Dupont v. MacDermid Printing Solutions, LLC (“MPS”). Dupont, a primary competitor of MPS, has sued MPS in the federal district court in Trenton, New Jersey claiming (i) that MPS willfully infringed claims of U.S. Patent Nos. 6,171,758 and 6,773,859 and (ii) MPS libeled Dupont in the market regarding Dupont’s efforts to enforce its patents. MacDermid has denied the allegations and has counterclaimed with a declaratory judgment cause of action and an antitrust cause of action against Dupont.

 

2. Atotech v. MacDermid. Atotech, a primary competitor of MacDermid, has sued MacDermid in the federal district court in Newark, New Jersey claiming (i) that MacDermid willfully infringed claims of U.S. Patent Nos. 5,176,813 and 5,453,175, and (ii) MacDermid misappropriated trade secrets of Atotech relating to Atotech hard chrome plating products. MacDermid has denied the allegations and has counterclaimed with a declaratory judgment cause of action and an antitrust cause of action against Atotech.

 

3. Atotech v. MacDermid Italy. Atotech, a primary competitor of MacDermid, has sued MacDermid’s Italian subsidiary in Italy claiming that the Italian subsidiary willfully infringed the Italian counterpart patents to U.S. Patent Nos. 5,176,813 and 5,453,175. MacDermid’s Italian subsidiary has denied the allegations and has counterclaimed for improper market interference.


SCHEDULE 3.08(g)

Fees and Taxes

None.


SCHEDULE 3.08(i)

Filings and Recordations

None.


SCHEDULE 3.09

Letter of Credit Rights

None.


SCHEDULE 3.10

Commercial Tort Claims

 

1. Counterclaim relating to item 1 on Schedule 3.08(e).

 

2. Counterclaim relating to item 2 on Schedule 3.08(e).


SCHEDULE 7.02

Notices

 

Grantors   

Mailing Address

  MacDermid Holdings, LLC    c/o Court Square Capital Partners, L.P
  and Matrix Acquisition Corp.    399 Park Avenue, 14th Floor
   New York, New York 10043
   United States
   Telecopy: (212) 888-2940
   Attn: Joseph Silvestri
MacDermid, Incorporated and   

MacDermid, Incorporated

its Grantor subsidiaries   

1401 Blake Street

  

Denver, Colorado 80202

  

United States

  

Telecopy: (720) 479-3087

  

Attention: Frank Monteiro

  

With a copy to:

  

MacDermid, Incorporated

  

245 Freight Street

  

Waterbury, Connecticut 06702

  

United States

  

Telecopy: (203) 575-7970

  

Attn: John Cordani