EX-10.15 9 d367030dex1015.htm PLEDGE AND SECURITY AGREEMENT Pledge and Security Agreement

Exhibit 10.15

EXECUTION VERSION

PLEDGE AND SECURITY AGREEMENT

dated as of June 1, 2012

between

EACH OF THE GRANTORS PARTY HERETO

and

WELLS FARGO BANK,

NATIONAL ASSOCIATION,

as Notes Collateral Agent


TABLE OF CONTENTS

 

          PAGE  

SECTION 1.

  

DEFINITIONS

     2   

1.1

  

General Definitions

     2   

1.2

  

Definitions; Interpretation

     8   

1.3

  

Intercreditor Agreement

     8   

1.4

  

Collateral Questionnaire

     9   

SECTION 2.

  

GRANT OF SECURITY

     9   

2.1

  

Grant of Security

     9   

2.2

  

Certain Limited Exclusions

     10   

SECTION 3.

  

SECURITY FOR OBLIGATIONS; GRANTORS REMAIN LIABLE

     11   

3.1

  

Security for Obligations

     11   

3.2

  

Continuing Liability Under Collateral

     11   

SECTION 4.

  

CERTAIN PERFECTION REQUIREMENTS

     12   

4.1

  

Delivery Requirements

     12   

4.2

  

[Reserved.]

     12   

4.3

  

Intellectual Property Recording Requirements

     12   

4.4

  

Other Actions

     13   

4.5

  

Timing and Notice

     13   

4.6

  

Foreign Perfection

     13   

SECTION 5.

  

REPRESENTATIONS AND WARRANTIES

     13   

5.1

  

Grantor Information & Status

     13   

5.2

  

Collateral Identification, Special Collateral

     14   

5.3

  

Ownership of Collateral and Absence of Other Liens

     14   

5.4

  

Status of Security Interest

     15   

5.5

  

Goods

     16   

5.6

  

Pledged Equity Interests, Investment Related Property

     16   

5.7

  

Intellectual Property

     16   

SECTION 6.

  

COVENANTS AND AGREEMENTS

     18   

6.1

  

Grantor Information & Status

     18   

6.2

  

Collateral Identification; Special Collateral

     18   

6.3

  

Ownership of Collateral and Absence of Other Liens

     18   

6.4

  

Status of Security Interest

     19   

6.5

  

Goods & Receivables

     19   

6.6

  

Pledged Equity Interests, Investment Related Property

     20   

6.7

  

Intellectual Property

     21   

SECTION 7.

  

FURTHER ASSURANCES; ADDITIONAL GRANTORS

     22   

7.1

  

Further Assurances

     22   

7.2

  

Additional Grantors

     23   

 

i


SECTION 8.

  

NOTES COLLATERAL AGENT APPOINTED ATTORNEY-IN-FACT

     23   

8.1

  

Power of Attorney

     23   

8.2

  

No Duty on the Part of Notes Collateral Agent or Secured Parties

     24   

8.3

  

Appointment Pursuant to Indenture

     25   

SECTION 9.

  

REMEDIES

     25   

9.1

  

Generally

     25   

9.2

  

Application of Proceeds

     26   

9.3

  

Sales on Credit

     27   

9.4

  

Investment Related Property

     27   

9.5

  

Grant of Intellectual Property License

     27   

9.6

  

Intellectual Property

     28   

9.7

  

Cash Proceeds; Deposit Accounts

     29   

SECTION 10.

  

NOTES COLLATERAL AGENT

     29   

SECTION 11.

  

CONTINUING SECURITY INTEREST; TRANSFER OF LOANS; TERMINATION AND RELEASE

     30   

SECTION 12.

  

STANDARD OF CARE; COLLATERAL AGENT MAY PERFORM

     30   

SECTION 13.

  

MISCELLANEOUS

     31   

 

ii


EXHIBIT A — PLEDGE SUPPLEMENT

EXHIBIT B — TRADEMARK SECURITY AGREEMENT

EXHIBIT C — PATENT SECURITY AGREEMENT

EXHIBIT D — COPYRIGHT SECURITY AGREEMENT

 

iii


Notwithstanding anything herein to the contrary, the liens and security interests granted to the Notes Collateral Agent pursuant to this Agreement, and the exercise of any right or remedy by the Notes Collateral Agent hereunder, are subject to the provisions of the Intercreditor Agreement (as defined in the recitals below). In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement, the terms of the Intercreditor Agreement shall govern and control. Any reference to “priority” or words of similar effect in describing any of the security interests created hereunder shall be understood to refer to such priority as set forth in the Intercreditor Agreement. All representations, warranties and covenants in this Agreement shall be subject to the provisions and qualifications set forth in this paragraph.

This PLEDGE AND SECURITY AGREEMENT, dated as of June 1, 2012 (as it may be amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), between GLOBAL BRASS AND COPPER HOLDINGS, INC. (“Holdings”), GLOBAL BRASS AND COPPER, INC. (the “Issuer”), CHASE BRASS AND COPPER COMPANY, LLC, GBC METALS, LLC, CHASE BRASS, LLC, A.J. OSTER, LLC, BRYAN METALS, LLC, OLIN FABRICATED METAL PRODUCTS, LLC, CHASE INDUSTRIES, LLC, A.J. OSTER FOILS, LLC, A.J. OSTER CARIBE, LLC, A.J. OSTER WEST, LLC (each a “Subsidiary Party” and collectively the “Subsidiary Parties”), and each of the Subsidiaries of Holdings or the Issuer party hereto from time to time as an Additional Grantor (as herein defined) (each of the foregoing entities, a “Grantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as collateral agent for the Secured Parties (as herein defined) (in such capacity as collateral agent, together with its successors and permitted assigns, the “Notes Collateral Agent”).

RECITALS:

WHEREAS, reference is made to the Indenture, dated as of the date hereof (as it may be amended, restated, supplemented or otherwise modified from time to time, the “Indenture”), among Holdings, the Issuer, the Subsidiary Parties, Wells Fargo Bank, National Association, as trustee (the “Trustee”) and the Notes Collateral Agent;

WHEREAS, Holdings, the Issuer, the Subsidiary Parties, the Notes Collateral Agent and the ABL Facility Collateral Agent have entered into an Intercreditor Agreement, dated as of the date hereof (as amended, extended, renewed, restated, supplemented, waived, replaced or otherwise modified from time to time, the “Intercreditor Agreement”), which will govern the liens upon and security interests in the Collateral granted by this Agreement and the ABL Facility Documents;

WHEREAS, each Grantor is executing and delivering this Agreement, pursuant to the terms of the Indenture to induce the Trustee and the Notes Collateral Agent to enter into the Indenture and, pursuant to the terms of the Purchase Agreement dated as of May 24, 2012 among the Issuer, Holdings, the Subsidiary Parties and Goldman, Sachs & Co. and Morgan Stanley & Co. LLC, as representatives of the purchasers named therein, to induce the purchasers named therein to purchase the Notes; and

WHEREAS, in consideration of the extensions of credit and other accommodations of the Secured Parties as set forth in the Indenture, each Grantor has agreed to secure such Grantor’s obligations under the Indenture as set forth herein.


NOW, THEREFORE, in consideration of the premises and the agreements, provisions and covenants herein contained, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Grantor and the Notes Collateral Agent agree as follows:

 

SECTION 1. DEFINITIONS.

1.1 General Definitions. In this Agreement, the following terms shall have the following meanings:

“ABL Facility” shall have the meaning assigned to such term in the Intercreditor Agreement.

“ABL Liens” means the Liens securing any and all of the obligations under the ABL Facility Documents

“ABL Facility Documents” shall have the meaning assigned to such term in the Intercreditor Agreement.

“ABL Facility Collateral Agent” shall have the meaning assigned to such term in the Intercreditor Agreement.

“ABL Priority Collateral” shall have the meaning assigned to such term in the Intercreditor Agreement.

“Additional Grantors” shall have the meaning assigned in Section 7.2.

“Agreement” shall have the meaning set forth in the preamble.

“Cash Proceeds” shall have the meaning assigned in Section 9.7.

“Collateral” shall have the meaning assigned in Section 2.1.

“Collateral Account” shall mean an account established by the Notes Collateral Agent in the name of the Notes Collateral Agent, and maintained under the sole dominion and control of the Notes Collateral Agent, into which the Notes Collateral Agent shall deposit funds and property of the Grantors to the extent set forth herein.

“Collateral Records” shall mean books, records, ledger cards, files, correspondence, customer lists, supplier lists, blueprints, technical specifications, manuals, computer software and related documentation, computer printouts, tapes, disks and other electronic storage media and related data processing software and similar items that at any time evidence or contain information relating to any of the Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon.

“Collateral Support” shall mean all personal property assigned, hypothecated or otherwise securing any Collateral and shall include any security agreement or other agreement granting a lien or security interest in such personal property.

 

2


“Collateral Questionnaire” means a certificate, in such form reasonably satisfactory to the Notes Collateral Agent, that provides information with respect to the personal or mixed property of each Grantor.

“Controlled Foreign Corporation” shall mean “controlled foreign corporation” as defined in Section 957(a) of the Internal Revenue Code of 1986, as amended from time to time.

“Copyright Licenses” shall mean any and all agreements, licenses and covenants providing for the granting of any right in or to any Copyright or otherwise providing for a covenant not to sue for infringement or other violation of any Copyright (whether such Grantor is licensee or licensor thereunder) including, without limitation, each agreement required to be listed in Schedule 5.2(II) under the heading “Copyright Licenses” (as such schedule may be amended or supplemented from time to time).

“Copyrights” shall mean all United States, and foreign copyrights (whether or not the underlying works of authorship have been published), including but not limited to copyrights in software and all rights in and to databases, all designs (including but not limited to industrial designs, Protected Designs within the meaning of 17 U.S.C. 1301 et. Seq. and Community designs), and all Mask Works (as defined under 17 U.S.C. 901 of the U.S. Copyright Act), whether registered or unregistered, as well as all moral rights, reversionary interests, and termination rights, and, with respect to any and all of the foregoing: (i) all registrations and applications therefor including, without limitation, the registrations and applications required to be listed in Schedule 5.2(II) under the heading “Copyrights” (as such schedule may be amended or supplemented from time to time), (ii) all extensions and renewals thereof, (iii) the right to sue or otherwise recover for any past, present and future infringement or other violation thereof, (iv) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income, payments, claims, damages and proceeds of suit now or hereafter due and/or payable with respect thereto, and (v) all other rights of any kind accruing thereunder or pertaining thereto throughout the world.

“Excluded Equity” shall mean:

(1) any of the outstanding capital stock or other equity interests of (i) Unrestricted Subsidiaries, (ii) any “first tier” Controlled Foreign Corporation in excess of 65% of the voting power of all classes of capital stock of such “first tier” Controlled Foreign Corporation entitled to vote, (iii) any “first tier” Foreign Subsidiary in excess of 65% of the voting power of all classes of capital stock of such “first tier” Foreign Subsidiary entitled to vote, (iv) any Foreign Subsidiary that is not a “first tier” Foreign Subsidiary, (v) any Controlled Foreign Corporation that is not a “first tier” Controlled Foreign Corporation and (vi) any Domestic Subsidiary that is treated as a disregarded entity for U.S. federal income tax purposes;

(2) to the extent applicable law requires that a Subsidiary of the Issuer or any Grantor issue director’s qualifying shares, such shares or nominee or other similar shares;

(3) any equity interests of a Subsidiary to the extent that, as of the Issue Date, and for so long as, such a pledge of such equity interests would violate applicable law binding on or relating to such equity interests; and

(4) any equity interests acquired after the Issue Date in a Person that is not a Subsidiary if, and to the extent that, and for so long as, a grant of a security interest in such equity interests would violate applicable law or an enforceable contractual obligation binding on or relating to such equity interests (if such obligation existed at the time of acquisition of such equity interests and was not created or made binding on such equity interests in contemplation of or in connection with the acquisition of such equity interests).

 

3


“Governmental Authority” shall mean any federal, state, municipal, national or other government, or any governmental department, commission, board, bureau, court, agency or instrumentality or political subdivision thereof, or any entity, officer or examiner exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to any government or any court, in each case whether associated with a state of the United States, the United States, or a foreign government.

“Grantors” shall have the meaning set forth in the preamble.

“Indenture” shall have the meaning set forth in the recitals.

“Indenture Documents” shall mean (a) the Indenture, the Notes, the Intercreditor Agreement, the other Security Documents and this Agreement and (b) any other related documents or instruments executed and delivered pursuant to or in connection with the Indenture, in each case, as such agreements may be amended, extended, renewed, restated, supplemented, waived, replaced, restructured, repaid, refunded, refinanced or otherwise modified from time to time.

“Insurance” shall mean (i) all insurance policies covering any or all of the Collateral (regardless of whether the Notes 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 intellectual property, whether arising under the United States, multinational or foreign laws or otherwise, including without limitation, Copyrights, Copyright Licenses, Patents, Patent Licenses, Trademarks, Trademark Licenses, Trade Secrets, and Trade Secret Licenses, and the right to sue or otherwise recover for any past, present and future infringement, dilution, misappropriation, or other violation or impairment thereof, including the right to receive all Proceeds therefrom, including without limitation license fees, royalties, income, payments, claims, damages and proceeds of suit, now or hereafter due and/or payable with respect thereto.

“Intellectual Property Security Agreement” shall mean each intellectual property security agreement executed and delivered by the applicable Grantors, substantially in the form set forth in Exhibit B, Exhibit C and Exhibit D, as applicable.

“Intercreditor Agreement” shall have the meaning set forth in the recitals.

“Investment Accounts” shall mean the Collateral Account, Securities Accounts and Commodity Accounts.

“Investment Related Property” shall mean: (i) all “investment property” (as such term is defined in Article 9 of the UCC) and (ii) all of the following (regardless of whether classified as investment property under the UCC): all Pledged Equity Interests, Pledged Debt, the Investment Accounts and certificates of deposit.

“Issuer” shall have the meaning set forth in the preamble.

“License Agreement” shall have the meaning set forth in Section 5.7.

 

4


“Material Intellectual Property” shall mean any Intellectual Property included in the Collateral that is material to the business of any Grantor.

“Notes” shall mean the 9.50% senior secured notes due 2019 issued under the Indenture, and any other senior secured notes issued thereunder.

“Notes Collateral Agent” shall have the meaning set forth in the preamble.

“Notes Priority Collateral” shall have the meaning assigned to such term in the Intercreditor Agreement.

“Obligations” means all obligations of every nature of each Grantor (including obligations from time to time owed to the Trustee or the Notes Collateral Agent (including any former Trustee or Notes Collateral Agent) or any holder of Notes) under any Indenture Document, whether for principal, interest (including interest which, but for the filing of a petition in bankruptcy with respect to such Grantor, would have accrued on any Obligation, whether or not a claim is allowed against such Grantor for such interest in the related bankruptcy proceeding), fees, expenses, indemnification or any other amount due thereunder.

“Patent Licenses” shall mean all agreements, licenses and covenants providing for the granting of any right in or to any Patent or otherwise providing for a covenant not to sue for infringement or other violation of any Patent (whether such Grantor is licensee or licensor thereunder) including, without limitation, each agreement required to be listed in Schedule 5.2(II) under the heading “Patent Licenses” (as such schedule may be amended or supplemented from time to time).

“Patents” shall mean all United States and foreign patents and certificates of invention, or similar industrial property rights, and applications for any of the foregoing, including, without limitation: (i) each patent and patent application required to be listed in Schedule 5.2(II) under the heading “Patents” (as such schedule may be amended or supplemented from time to time), (ii) all reissues, divisions, continuations, continuations-in-part, extensions, renewals, and reexaminations thereof, (iii) all patentable inventions and improvements thereto, (iv) the right to sue or otherwise recover for any past, present and future infringement or other violation thereof, (v) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income, payments, claims, damages, and proceeds of suit now or hereafter due and/or payable with respect thereto, and (vi) all other rights of any kind accruing thereunder or pertaining thereto throughout the world.

“Pledge Supplement” shall mean any supplement to this Agreement in substantially the form of Exhibit A.

“Pledged Debt” shall mean all indebtedness for borrowed money owed to any Grantor, whether or not evidenced by any Instrument, including, without limitation, all indebtedness described on Schedule 5.2 under the heading “Pledged Debt” (as such schedule may be amended or supplemented from time to time), issued by the obligors named therein, the instruments, if any, evidencing any of the foregoing, and all interest, cash, instruments 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 the foregoing.

“Pledged Equity Interests” shall mean all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and any other participation or interests in any equity or profits of any business entity owned by any Grantor including, without limitation, any trust and all management rights relating to any entity whose equity interests are included as Pledged Equity Interests.

 

5


“Pledged LLC Interests” shall mean all interests in any limited liability company owned by any Grantor and each series thereof including, without limitation, all limited liability company interests listed on Schedule 5.2 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 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 limited liability company interests and all rights as a member of the related limited liability company.

“Pledged Partnership Interests” shall mean all interests in any general partnership, limited partnership, limited liability partnership or other partnership owned by any Grantor including, without limitation, all partnership interests listed on Schedule 5.2 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 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 partnership interests and all rights as a partner of the related partnership.

“Pledged Stock” shall mean all shares of capital stock of any corporation owned by any Grantor, including, without limitation, all shares of capital stock described on Schedule 5.2 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 or on the books of any securities intermediary pertaining to 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.

“Receivables” shall mean all rights to payment, whether or not earned by performance, for goods or other property sold, leased, licensed, assigned or otherwise disposed of, or services rendered or to be rendered, including, without limitation all such rights constituting or evidenced by any Account, Chattel Paper, Instrument, General Intangible or Investment Related Property, together with all of Grantor’s rights, if any, in any goods or other property giving rise to such right to payment and all Collateral Support and Supporting Obligations related thereto and all Receivables Records.

“Receivables Records” shall mean (i) all original copies of all documents, instruments or other writings or electronic records or other Records evidencing the Receivables, (ii) all books, correspondence, credit or other files, Records, ledger sheets or cards, invoices, and other papers relating to Receivables, including, without limitation, all tapes, cards, computer tapes, computer discs, computer runs, record keeping systems and other papers and documents relating to the Receivables, whether in the possession or under the control of Grantor or any computer bureau or agent from time to time acting for Grantor or otherwise, (iii) all evidences of the filing of financing statements and the registration of other instruments in connection therewith, and amendments, supplements or other modifications thereto, notices to other creditors, secured parties

 

6


or agents thereof, and certificates, acknowledgments, or other writings, including, without limitation, lien search reports, from filing or other registration officers, (iv) all credit information, reports and memoranda relating thereto and (v) all other written or non-written forms of information related in any way to the foregoing or any Receivable.

“Secured Obligations” shall have the meaning assigned in Section 3.1.

“Secured Parties” shall mean (a) the Notes Collateral Agent, (b) each Holder, (c) the Trustee, (d) each other Person to whom any of the Obligations are owed and (e) the successors, replacements and assigns of each of the foregoing.

“Subsidiary Party” shall have the meaning set forth in the preamble.

“Trademark Licenses” shall mean any and all agreements, licenses and covenants providing for the granting of any right in or to any Trademark or otherwise providing for a covenant not to sue for infringement dilution or other violation of any Trademark or permitting co-existence with respect to a Trademark (whether such Grantor is licensee or licensor thereunder) including, without limitation, each agreement required to be listed in Schedule 5.2(II) under the heading “Trademark Licenses” (as such schedule may be amended or supplemented from time to time).

“Trademarks” shall mean all United States, and foreign trademarks, trade names, trade dress, corporate names, company names, business names, fictitious business names, Internet domain names, service marks, certification marks, collective marks, logos, other source or business identifiers, designs and general intangibles of a like nature, whether or not registered, and with respect to any and all of the foregoing: (i) all registrations and applications therefor including, without limitation, the registrations and applications required to be listed in Schedule 5.2(II) under the heading “Trademarks”(as such schedule may be amended or supplemented from time to time), (ii) all extensions or renewals of any of the foregoing, (iii) all of the goodwill of the business connected with the use of and symbolized by any of the foregoing, (iv) the right to sue or otherwise recover for any past, present and future infringement, dilution or other violation of any of the foregoing or for any injury to the related goodwill, (v) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income, payments, claims, damages, and proceeds of suit now or hereafter due and/or payable with respect thereto, and (vi) all other rights of any kind accruing thereunder or pertaining thereto throughout the world.

“Trade Secret Licenses” shall mean any and all agreements providing for the granting of any right in or to Trade Secrets (whether such Grantor is licensee or licensor thereunder) including, without limitation, each agreement required to be listed in Schedule 5.2(II) under the heading “Trade Secret Licenses” (as such schedule may be amended or supplemented from time to time).

“Trade Secrets” shall mean all trade secrets and all other confidential or proprietary information and know-how whether or not the foregoing has been reduced to a writing or other tangible form, including all documents and things embodying, incorporating, or referring in any way to the foregoing, and with respect to any and all of the foregoing: (i) the right to sue or otherwise recover for any past, present and future misappropriation or other violation thereof, (ii) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income, payments, claims, damages, and proceeds of suit now or hereafter due and/or payable with respect thereto; and (iii) all other rights of any kind accruing thereunder or pertaining thereto throughout the world.

 

7


“UCC” shall mean the Uniform Commercial Code as in effect from time to time in the State of New York; provided, however, that in the event that, by reason of mandatory provisions of law, any or all of the perfection or priority of, or remedies with respect to, any Collateral is governed by the Uniform Commercial Code as enacted and in effect in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the provisions hereof relating to such perfection, priority or remedies.

“United States” shall mean the United States of America.

1.2 Definitions; Interpretation.

(a) In this Agreement, the following capitalized terms shall have the meaning given to them in the UCC (and, if defined in more than one Article of the UCC, shall have the meaning given in Article 9 thereof): Account, Account Debtor, As-Extracted Collateral, Bank, Certificated Security, Chattel Paper, Consignee, Consignment, Consignor, Control, Commercial Tort Claims, Commodity Account, Commodity Contract, Commodity Intermediary, Deposit Account, Document, Entitlement Order, Equipment, Electronic Chattel Paper, Farm Products, Fixtures, General Intangibles, Goods, Health-Care-Insurance Receivable, Instrument, Inventory, Letter of Credit Right, Manufactured Home, Money, Payment Intangible, Proceeds, Record, Securities Account, Securities Intermediary, Security, Security Certificate, Security Entitlement, Supporting Obligations, Tangible Chattel Paper and Uncertificated Security.

(b) All other capitalized terms used herein (including the preamble and recitals hereto) and not otherwise defined herein shall have the meanings ascribed thereto in the Indenture. The incorporation by reference of terms defined in the Indenture shall survive any termination of the Indenture until this Agreement is terminated as provided in Section 11 hereof. Any of the terms defined herein may, unless the context otherwise requires, be used in the singular or the plural, depending on the reference. References herein to any Section, Appendix, Schedule or Exhibit shall be to a Section, an Appendix, a Schedule or an Exhibit, as the case may be, hereof unless otherwise specifically provided. The use herein of the word “include” or “including”, when following any general statement, term or matter, shall not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not non-limiting language (such as “without limitation” or “but not limited to” or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that fall within the scope of such general statement, term or matter. The terms lease and license shall include sub-lease and sub-license, as applicable. If any conflict or inconsistency exists between this Agreement and the Indenture, the Indenture shall govern. All references herein to provisions of the UCC shall include all successor provisions under any subsequent version or amendment to any Article of the UCC.

1.3 Intercreditor Agreement. All rights and obligations of the Notes Collateral Agent under this Agreement shall be subject to the Intercreditor Agreement. Notwithstanding anything herein to the contrary, the liens and security interests granted to the Notes Collateral Agent pursuant to this Agreement and the exercise of any right or remedy by the Notes Collateral Agent hereunder, in each case, with respect to the ABL Priority Collateral are subject to the limitations and provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement with respect to the Collateral, the terms of the Intercreditor Agreement shall govern and control. Any provision of this Agreement to the contrary notwithstanding, (a) no Grantor shall be required to act or refrain from acting in a manner that is inconsistent with the terms and provisions of the Intercreditor Agreement, (b) prior

 

8


to the satisfaction and discharge in full of the Obligations in respect of the ABL Facility, no Grantor shall be required to act or refrain from acting with respect to any ABL Priority Collateral if compliance by such Grantor with such requirement would result in a breach of or constitute a default under any ABL Facility Documents and (c) the requirements of this Agreement to deliver any Collateral and any certificates, instruments or documents in relation thereto to the Notes Collateral Agent shall be deemed satisfied by delivery of such Collateral and such certificates, instruments or documents in relation thereto to the Applicable Collateral Agent (as defined in the Intercreditor Agreement).

1.4 Collateral Questionnaire. The Notes Collateral Agent, each Secured Party and each Grantor agree that the Collateral Questionnaire and all descriptions of Collateral, schedules, amendments and supplements thereto are and shall at all times remain a part of this Agreement.

 

SECTION 2. GRANT OF SECURITY.

2.1 Grant of Security. Each Grantor hereby grants to the Notes Collateral Agent, for the benefit of the Secured Parties, a security interest in and continuing lien on all of such Grantor’s right, title and interest in, to and under all of the following personal property of such Grantor, in each case whether now or hereafter existing or in which any Grantor now has or hereafter acquires an interest and wherever the same may be located (all of which being hereinafter collectively referred to as the “Collateral”):

(a) Accounts;

(b) Chattel Paper;

(c) Documents;

(d) General Intangibles;

(e) Goods (including, without limitation, Inventory and Equipment);

(f) Instruments;

(g) Insurance;

(h) Intellectual Property;

(i) Investment Related Property;

(j) Letter of Credit Rights;

(k) Money;

(l) Receivables and Receivable Records;

(m) Commercial Tort Claims now or hereafter described on Schedule 5.2;

 

9


(n) to the extent not otherwise included above, all other personal property of any kind and all Collateral Records, Collateral Support and Supporting Obligations relating to any of the foregoing; and

(o) to the extent not otherwise included above, all Proceeds, products, accessions, rents and profits of or in respect of any of the foregoing.

2.2 Certain Limited Exclusions. Notwithstanding anything herein to the contrary, in no event shall the Collateral include or the security interest granted under Section 2.1 hereof attach to (a) any lease, license, contract or agreement to which any Grantor is a party, and any of its rights or interest thereunder, if and to the extent that a security interest is prohibited by or in violation of (i) any law, rule or regulation applicable to such Grantor, or (ii) a term, provision or condition of any such lease, license, contract or agreement (unless such law, rule, regulation, term, provision or condition would be rendered ineffective with respect to the creation of the security interest hereunder pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law or principles of equity); provided, however, that the Collateral shall include (and such security interest shall attach) immediately at such time as the contractual or legal prohibition shall no longer be applicable and to the extent severable, shall attach immediately to any portion of such lease, license, contract or agreement not subject to the prohibitions specified in subclause (i) or (ii) above; provided further, however, that the exclusions referred to in clause (a) of this Section 2.2 shall not include any Proceeds of any such lease, license, contract or agreement; (b) any Excluded Equity; (c) any “intent-to-use” application for registration of a Trademark filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, prior to the filing of a “Statement of Use” pursuant to Section 1(d) of the Lanham Act or an “Amendment to Allege Use” pursuant to Section 1(c) of the Lanham Act with respect thereto, solely to the extent, if any, that, and solely during the period, if any, in which, the grant of a security interest therein would impair the validity or enforceability of any registration that issues from such intent-to-use application, or the Trademark that is the subject thereof, under applicable federal law; (d) any property or asset which is subject to a certificate of title under a statute of any jurisdiction; (e) any Equipment which is subject to a purchase money mortgage or other purchase money Lien (including Capitalized Lease Obligations) permitted under the Indenture if (i) the valid grant of a Lien to the Notes Collateral Agent in such item of Equipment is prohibited by the terms of the agreement between the Grantor and the holder of such purchase money mortgage or other purchase money Lien or under applicable law and such prohibition has not been or is not waived, or the consent of the holder of the purchase money mortgage or other purchase money Lien has not been or is not otherwise obtained, or under applicable law such prohibition cannot be waived and (ii) the purchase money mortgage or other purchase money Lien on such item of Equipment is or shall become valid and perfected; (f) without duplication of the foregoing clause (e), any property or asset acquired after the Issue Date to the extent that, and for so long as, granting a security interest in such asset would violate applicable law or an enforceable contractual obligation binding on such asset that existed at the time of acquisition thereof and was not created or made binding on such asset in contemplation or in connection with the acquisition of such asset; (g) any property or assets located outside the United States of America (or any state or territory thereof or the District of Columbia) or owned by any Foreign Subsidiaries; (h) any debt securities issued to the Issuer or any other Grantor having, in the case of each instance of debt securities, an aggregate principal amount not in excess of $5 million; (i) any letter of credit rights to the extent (x) not constituting Supporting Obligations or (y) the Grantor is required by applicable law to apply the proceeds of a drawing of such letter of credit for a specified purpose; (j) any bank accounts (including any deposit accounts, any bank accounts of which the proceeds secure Hedging Obligations, bank accounts used exclusively for payroll, payroll taxes and other employee wage and benefit payments to or for the Issuer’s or any other Grantors’ employees, and any escrow and

 

10


other trust accounts); (k) any assets constituting or purporting to constitute ABL Priority Collateral, but which Liens thereon are not required to be perfected under the ABL Facility Documents, or where the perfection of such Liens has been waived by the ABL Facility Collateral Agent or other applicable holder of Lenders Debt, or where the Liens thereon have been released by the ABL Facility Collateral Agent or other applicable holder of Lenders Debt; (l) any leasehold interest in real property; and (m) (i) all assets of Holdings other than its capital stock in the Issuer and (ii) capital stock and other securities of a Subsidiary of the Issuer to the extent that a pledge of such capital stock or other securities requires separate financial statements of such Subsidiary to be filed with the SEC (or any other governmental agency) under Rule 3-10 or Rule 3-16 of Regulation S-X under the Securities Act (or any other law, rule or regulation that would require the filing with the SEC (or any other governmental agency) of separate financial statements of such Subsidiary (other than the Issuer)). All capitalized terms used in this definition and not defined elsewhere herein have the meanings assigned to them in the UCC. Notwithstanding the foregoing, the Issuer may, at its option, elect to treat as Collateral (including as Notes Priority Collateral or ABL Priority Collateral) any assets or property that otherwise would be excluded from the Collateral pursuant to clauses (a) through (m) above, to the extent specified by the Issuer in writing to the Trustee and the Notes Collateral Agent. No assets of any Subsidiary of the Issuer that is not a Grantor (including any capital stock owned by any such Subsidiary) shall constitute Collateral. Without limiting the foregoing, the Collateral shall not include those assets as to which the Notes Collateral Agent reasonably determines that the costs of obtaining such a security interest are excessive in relation to the value of the security to be afforded thereby.

 

SECTION 3. SECURITY FOR OBLIGATIONS; GRANTORS REMAIN LIABLE.

3.1 Security for Obligations. This Agreement secures, and the Collateral is collateral security for, the prompt and complete payment or performance in full when due, whether at stated maturity, by required prepayment, declaration, acceleration, redemption, demand or otherwise (including the payment of amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. §362(a) (and any successor provision thereof)), of all Obligations (the “Secured Obligations”).

3.2 Continuing Liability Under Collateral. Notwithstanding anything herein to the contrary, (i) each Grantor shall remain liable for all obligations under the Collateral and nothing contained herein is intended or shall be a delegation of duties to the Notes Collateral Agent or any other Secured Party, (ii) each Grantor shall remain liable under each of the agreements included in the Collateral, including, without limitation, 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 Notes Collateral Agent nor any 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 thereto nor shall the Notes Collateral Agent nor any 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, without limitation, any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, and (iii) the exercise by the Notes 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 Collateral.

 

11


SECTION 4. CERTAIN PERFECTION REQUIREMENTS

4.1 Delivery Requirements.

(a) With respect to any Certificated Securities included in the Collateral, to the extent constituting Notes Priority Collateral, each Grantor shall deliver to the Notes Collateral Agent the Security Certificates evidencing such Certificated Securities duly indorsed by an effective indorsement (within the meaning of Section 8-107 of the UCC), or accompanied by share transfer powers or other instruments of transfer duly endorsed by such an effective endorsement, in each case, to the Notes Collateral Agent or in blank. In addition, each Grantor shall cause any certificates evidencing any Pledged Equity Interests, including, without limitation, any Pledged Partnership Interests or Pledged LLC Interests, to be similarly delivered to the Notes Collateral Agent regardless of whether such Pledged Equity Interests constitute Certificated Securities (but only to the extent constituting Notes Priority Collateral).

(b) With respect to any Instruments or Tangible Chattel Paper included in the Collateral, to the extent constituting Notes Priority Collateral, each Grantor shall deliver to the Notes Collateral Agent all such Instruments or Tangible Chattel Paper to the Notes Collateral Agent duly indorsed by such an effective endorsement, in each case, to the Notes Collateral Agent or in blank; provided, however, that such delivery requirement shall not apply to any Instruments or Tangible Chattel Paper having a face amount of less than $500,000 individually or $1,000,000 in the aggregate.

4.2 [Reserved.]

4.3 Intellectual Property Recording Requirements.

(a) In the case of any Collateral (whether now owned or hereafter acquired) consisting of issued U.S. Patents and applications therefor, each Grantor shall execute and deliver to the Notes Collateral Agent a Patent Security Agreement in substantially the form of Exhibit C hereto (or a supplement thereto) covering all such Patents in appropriate form for recordation with the U.S. Patent and Trademark Office with respect to the security interest of the Notes Collateral Agent. With respect to any such Patent Security Agreement executed following the Issue Date, the Grantor shall, and the Issuer shall cause the Grantor to, file such Patent Security Agreement with the U.S. Patent and Trademark Office and deliver a notice of recordation to the Notes Collateral Agent confirming the filing has been made.

(b) In the case of any Collateral (whether now owned or hereafter acquired) consisting of registered U.S. Trademarks and applications therefor, each Grantor shall execute and deliver to the Notes Collateral Agent a Trademark Security Agreement in substantially the form of Exhibit B hereto (or a supplement thereto) covering all such Trademarks in appropriate form for recordation with the U.S. Patent and Trademark Office with respect to the security interest of the Notes Collateral Agent. With respect to any such Trademark Security Agreement executed following the Issue Date, the Grantor shall, and the Issuer shall cause the Grantor to, file such Trademark Security Agreement with the U.S. Patent and Trademark Office and deliver a notice of recordation to the Notes Collateral Agent confirming the filing has been made.

(c) In the case of any Collateral (whether now owned or hereafter acquired) consisting of registered U.S. Copyrights and exclusive Copyright Licenses in respect of registered U.S. Copyrights for which any Grantor is the licensee, each Grantor shall execute and deliver to the Notes Collateral Agent a Copyright Security Agreement in substantially the form of Exhibit D hereto (or a supplement thereto) covering all such Copyrights and Copyright Licenses in appropriate form for recordation with the U.S. Copyright Office with respect to the security interest of the Notes Collateral Agent. With respect to any such Copyright Security Agreement executed following the Issue Date, the Grantor shall, and the Issuer shall cause the Grantor to, file such Copyright Security Agreement with the U.S. Copyright Office and deliver a notice of recordation to the Notes Collateral Agent confirming the filing has been made.

 

12


4.4 Other Actions. (a) Each Grantor consents to the grant by each other Grantor of a Lien in all Investment Related Property being pledged hereunder to the Notes Collateral Agent and without limiting the generality of the foregoing consents to the transfer of any Pledged Partnership Interest and any Pledged LLC Interest to the Notes Collateral Agent or its designee following and during the continuance of an Event of Default and to the substitution of the Notes Collateral Agent or its designee as a partner in any partnership or as a member in any limited liability company with all the rights and powers related thereto.

4.5 Timing and Notice. With respect to any Collateral in existence on the Issue Date, each Grantor shall use commercially reasonable efforts to comply with the requirements of Section 4 on the date hereof and, with respect to any Collateral hereafter owned or acquired, such Grantor shall use commercially reasonable efforts to comply with such requirements as soon as reasonably practicable after the date on which such Grantor acquired rights therein (or, in each case, such longer period as Notes Collateral Agent may agree). Each Grantor shall promptly inform the Notes Collateral Agent in writing of its acquisition of any Collateral (other than Intellectual Property (other than as required by Section 4.3 above)) for which any action is required by Section 4 hereof.

4.6 Foreign Perfection. None of the Grantors are required to take any action to perfect any security interest in the Notes Priority Collateral or the ABL Priority Collateral under the laws of any jurisdiction outside the United States, including the pledge of equity issued by Foreign Subsidiaries, except the Grantors shall take such actions (each, a “Foreign Action”) for the benefit of the Notes Collateral Agent and the Holders as are taken with respect to the Collateral for the benefit of the ABL Facility Collateral Agent, provided that, following such Foreign Action, the relative lien priorities in such Collateral for the benefit of the Notes Collateral Agent and the ABL Facility Collateral Agent are maintained to the extent set forth in the Intercreditor Agreement; provided, however, that to the extent any signature or other action is required by the Trustee or the Notes Collateral Agent or any other Secured Party to effect such Foreign Action by the Grantor, the Grantor shall not be required to take such Foreign Action for the benefit of the Notes Collateral Agent or any other Secured Party.

 

SECTION 5. REPRESENTATIONS AND WARRANTIES.

Each Grantor hereby represents and warrants, as of the Issue Date, that:

5.1 Grantor Information & Status.

(a) Schedule 5.1(A) & (B) (as such schedule may be amended or supplemented from time to time without any action by or consent from the Notes Collateral Agent) sets forth under the appropriate headings: (1) the full legal name of such Grantor, (2) all trade names or other names under which such Grantor currently conducts business, (3) the type of organization of such Grantor, (4) the jurisdiction of organization of such Grantor, (5) its organizational identification number, if any, and (6) the jurisdiction where the chief executive office or its sole place of business (or the principal residence if such Grantor is a natural person) is located;

(b) except as provided on Schedule 5.1(C) (as such schedule may be amended or supplemented from time to time without any action by or consent from the Notes Collateral Agent), it has not changed its name, jurisdiction of organization, chief executive office or sole

 

13


place of business (or principal residence if such Grantor is a natural person) or its corporate structure in any way (e.g., by merger, consolidation, change in corporate form or otherwise) and has not done business under any other name, in each case, within the past five (5) years;

(c) it has not within the last five (5) years become bound (whether as a result of merger or otherwise) as debtor under a security agreement entered into by another Person, which has not heretofore been terminated other than the agreements identified on Schedule 5.1(D) hereof (as such schedule may be amended or supplemented from time to time without any action by or consent from the Notes Collateral Agent);

(d) such Grantor has been duly organized and is validly existing as an entity of the type as set forth opposite such Grantor’s name on Schedule 5.1(A) solely under the laws of the jurisdiction as set forth opposite such Grantor’s name on Schedule 5.1(A) and remains duly existing as such. Such Grantor has not filed any certificates of dissolution or liquidation, any certificates of domestication, transfer or continuance in any other jurisdiction; and

(e) no Grantor is a “transmitting utility” (as defined in Section 9-102(a)(80) of the UCC).

5.2 Collateral Identification, Special Collateral.

(a) Schedule 5.2 (as such schedule may be amended or supplemented from time to time without any action by or consent from the Notes Collateral Agent) sets forth under the appropriate headings all of such Grantor’s: (1) Pledged Equity Interests, (2) Pledged Debt (other than intercompany payables or receivables effected in the ordinary course of business), (3) United States registrations and issuances of and applications for Patents, Trademarks, and Copyrights owned by each Grantor, (4) Patent Licenses, Trademark Licenses, Trade Secret Licenses and Copyright Licenses, and (5) Commercial Tort Claims, other than any Commercial Tort Claims having a value of less than $500,000 individually or $1,000,000 in the aggregate.

(b) none of the Collateral constitutes, or is the Proceeds of, (1) Farm Products, (2) As-Extracted Collateral, (3) Manufactured Homes, (4) Health-Care-Insurance Receivables; (5) timber to be cut, or (6) aircraft, aircraft engines, satellites, ships or railroad rolling stock.

(c) all information supplied by any Grantor with respect to any of the Collateral (in each case taken as a whole with respect to any particular Collateral) is accurate and complete in all material respects.

5.3 Ownership of Collateral and Absence of Other Liens.

(a) it owns the Collateral purported to be owned by it or otherwise has the rights it purports to have in each item of Collateral and, as to all Collateral whether now existing or hereafter acquired, developed or created (including by way of lease or license), will continue to own or have such rights in each item of the Collateral (except as otherwise permitted by the Indenture and the Intercreditor Agreement), in each case free and clear of any and all Liens, rights or claims of all other Persons, including, without limitation, liens arising as a result of such Grantor becoming bound (as a result of merger or otherwise) as debtor under a security agreement entered into by another Person, other than any ABL Liens, Permitted Notes Collateral Liens and Permitted Liens; and

 

14


(b) other than any financing statements filed in favor of the Notes Collateral Agent, no effective financing statement, fixture filing or other instrument similar in effect under any applicable law covering all or any part of the Collateral is on file in any filing or recording office except for (x) financing statements in favor of the ABL Facility Collateral Agent in respect of the ABL Facility, (y) financing statements for which duly authorized proper termination statements have been delivered to the Notes Collateral Agent for filing and (z) financing statements filed in connection with Permitted Notes Collateral Liens and Permitted Liens. Other than the Notes Collateral Agent, the applicable collateral agent under the ABL Facility and any automatic control in favor of a Bank, Securities Intermediary or Commodity Intermediary maintaining a Deposit Account, Securities Account or Commodity Contract, no Person is in Control of any Collateral, except as permitted under the Indenture, the ABL Facility Documents and the Intercreditor Agreement.

5.4 Status of Security Interest.

(a) upon the filing of financing statements naming each Grantor as “debtor” and the Notes Collateral Agent as “secured party” and describing the Collateral in the filing offices set forth opposite such Grantor’s name on Schedule 5.4 hereof (as such schedule may be amended or supplemented from time to time), the security interest of the Notes Collateral Agent in all Collateral that can be perfected by the filing of a financing statement under the Uniform Commercial Code as in effect in the jurisdiction of the filing office set forth opposite such Grantor’s name on Schedule 5.4 will constitute a valid, perfected, first priority Lien in such Collateral, subject to any Permitted Notes Collateral Liens, Permitted Liens and ABL Liens and the Intercreditor Agreement;

(b) to the extent perfection or priority of the security interest in any United States Intellectual Property constituting part of the Collateral is not subject to Article 9 of the UCC, upon recordation of the security interests granted hereunder in Patents, Trademarks, Copyrights and exclusive Copyright Licenses in the applicable intellectual property registries in the United States, including but not limited to the United States Patent and Trademark Office and the United States Copyright Office, the security interests granted to the Notes Collateral Agent hereunder in such Collateral shall constitute valid, perfected, first priority Liens (subject to Permitted Notes Collateral Liens, the ABL Liens and the Intercreditor Agreement);

(c) no authorization, consent, approval or other action by, and no notice to or filing with, any Governmental Authority or regulatory body or any other Person is required for either (i) the pledge or grant by any Grantor of the Liens purported to be created in favor of the Notes Collateral Agent hereunder or (ii) subject to the Intercreditor Agreement, the exercise by Notes Collateral Agent of any rights or remedies in respect of any Collateral (whether specifically granted or created hereunder or created or provided for by applicable law), except (A) for the filings and recordations contemplated by clauses (a) and (b) above, (B) the actions taken pursuant to Section 4 above, (C) as may be required, in connection with the disposition of any Investment Related Property, by laws generally affecting the offering and sale of Securities, (D) such authorizations, consents, approvals, actions, notices or filings as have been made or obtained and are in full force and effect and (E) such authorizations, consents, approvals, actions, notices or filings the failure of which to be obtained would not reasonably be expected to have a material adverse effect on the value of the Collateral, taken as a whole, or on the rights and remedies (taken as a whole) of the Notes Collateral Agent in relation thereto;

(d) each Grantor is in compliance with its obligations under Section 4 hereof in all material respects.

 

15


(e) The Grantor shall file on behalf of the Notes Collateral Agent, for the benefit of the Secured Parties, any initial financing statements in the relevant jurisdiction set forth on Schedule 5.4 hereof to perfect the security interests in the Collateral that can be perfected by the filing of a financing statement and shall provide the Notes Collateral Agent with a copy of such filed financing statements.

5.5 Goods.

(a) no Goods produced by any Grantor and included in the Collateral have been produced in violation in any material respect of the requirements of the Fair Labor Standards Act, as amended, or the rules and regulations promulgated thereunder; and

(b) other than any Inventory or Equipment in transit, all of the Equipment and Inventory included in the Collateral, other than Equipment and Inventory with an aggregate value of less than $1,000,000 is located only at the locations specified in Schedule 5.5 (as such schedule may be amended or supplemented from time to time without any action by or consent from the Notes Collateral Agent).

5.6 Pledged Equity Interests, Investment Related Property.

(a) it is the record and beneficial owner of such Pledged Equity Interests constituting Collateral free of all Liens, rights or claims of other Persons (other than ABL Liens, Permitted Notes Collateral Liens and Permitted Liens) 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; and

(b) none of the Pledged LLC Interests or Pledged Partnership Interests are or represent interests that by their terms provide that they are securities governed by the uniform commercial code of an applicable jurisdiction.

5.7 Intellectual Property.

(a) it owns or licenses or otherwise has the right to use all Material Intellectual Property necessary for the operation of its business as presently conducted;

(b) as of the date hereof, it does not own any Intellectual Property registered, or subject to pending applications, in the United States Patent and Trademark Office or any similar office or agency in the United States of America, any State thereof or any political subdivision thereof, other than those described in Section II.B of the Collateral Questionnaire and has not granted any material licenses with respect thereto other than as set forth in Section II.B of the Collateral Questionnaire;

(c) it is the sole and exclusive owner of the entire right, title and interest in and to all Intellectual Property listed in Section II.B of the Collateral Questionnaire;

(d) all Material Intellectual Property that it owns is valid and subsisting in full force and effect, and has not been adjudged unenforceable and to the best of its knowledge, the conduct of its business does not infringe, misappropriate, dilute or otherwise violate any Intellectual Property rights of any other Person presently in any material respect;

 

16


(e) no claim, litigation or proceeding is pending or, to the best of its knowledge, threatened against or affecting it contesting the validity, enforceability, or scope of, or its right to register, own, sell or use, any Material Intellectual Property;

(f) to the best of its knowledge, no infringement, misappropriation or other violation or unauthorized use presently is being made of any of the Material Intellectual Property that it owns that would adversely affect in any material respect the fair market value of the Collateral or the benefits of this Agreement granted to the Notes Collateral Agent and the Secured Parties, including the validity, priority or perfection of the security interest granted herein or the remedies of the Notes Collateral Agent hereunder;

(g) it has taken all steps reasonably necessary in accordance with industry standards to protect the secrecy of all its trade secrets and all other material confidential or proprietary information and know-how;

(h) it has been using legally required statutory notice and proper marking practices, as applicable, in connection with its use of the Material Intellectual Property;

(i) it controls the nature and quality in accordance with industry standards of all products sold and all services rendered under or in connection with its Trademarks, in each case consistent with industry standards, and has taken all commercially reasonable steps to ensure that all licensees of the Trademarks owned by it comply with its standards of quality, in each case, to the extent constituting Material Intellectual Property;

(j) it has not entered into any settlement or consents, covenants not to sue, co-existence agreements, non-assertion assurances, or releases nor is bound in a manner that, in each case, could materially adversely affect its rights to own, license or use any Material Intellectual Property;

(k) Section II.B of the Collateral Questionnaire sets forth all of its material agreements or other arrangements pursuant to which it has a license (other than licenses for commercially available off-the-shelf software) or other right to use any material Trademarks, logos, designs, representations or other Material Intellectual Property owned by another person as in effect on the date hereof (collectively, together with such agreements or other arrangements as may be entered into by it after the date hereof, collectively, the “License Agreements” and individually, a “License Agreement”); and

(l) No Material Intellectual Property at any time used by it which is owned by another person, or owned by it is subject to any security interest, Lien, collateral assignment, pledge or other encumbrance in favor of any person other than Notes Collateral Agent or ABL Facility Collateral Agent (subject to the terms of the Intercreditor Agreement), is affixed to any Inventory, except (a) to the extent permitted under the terms of the License Agreements listed on Section II.B of the Collateral Questionnaire and (b) to the extent the sale of Inventory to which such Intellectual Property is affixed is permitted to be sold by it under applicable law (including the United States Copyright Act of 1976).

 

17


SECTION 6. COVENANTS AND AGREEMENTS.

Each Grantor hereby covenants and agrees to the following:

6.1 Grantor Information & Status. Without limiting any prohibitions or restrictions on mergers or other transactions set forth in the Indenture, it shall not change such Grantor’s name, identity, corporate structure (e.g. by merger, consolidation, change in corporate form or otherwise), sole place of business (or principal residence if such Grantor is a natural person), chief executive office, type of organization or jurisdiction of organization unless it shall have (a) notified the Notes Collateral Agent in writing at least ten (10) days (or such shorter period as is acceptable to the Notes Collateral Agent) prior to any such change or establishment, identifying such new proposed name, identity, corporate structure, sole place of business (or principal residence if such Grantor is a natural person), chief executive office or jurisdiction of organization and providing such other information in connection therewith as the Notes Collateral Agent may reasonably request and (b) taken all actions necessary or advisable to maintain the continuous validity, perfection and the same or better priority of the Notes Collateral Agent’s security interest in the Collateral granted or intended to be granted and agreed to hereby, or as the Notes Collateral Agent may reasonably request, which in the case of any merger or other change in corporate structure shall include, without limitation, executing and delivering to the Notes Collateral Agent a completed Pledge Supplement together with all Supplements to Schedules thereto (without any action by the Notes Collateral Agent), upon completion of such merger or other change in corporate structure confirming the grant of the security interest hereunder.

6.2 Collateral Identification; Special Collateral.

(a) in the event that it hereafter acquires any Collateral of a type described in Section 5.2(b) hereof, it shall promptly notify the Notes Collateral Agent thereof in writing and, if requested by the Notes Collateral Agent, take such actions and execute such documents and make such filings all at Grantor’s expense as the Notes Collateral Agent (acting at the direction of the Trustee) may reasonably request in order to ensure that the Notes Collateral Agent has a valid, perfected, first priority security interest in such Collateral, subject to ABL Liens, Permitted Notes Collateral Liens, Permitted Liens and the Intercreditor Agreement. Notwithstanding the foregoing, no Grantor shall be required to notify the Notes Collateral Agent or take any such action unless such Collateral is of a material value or is material to such Grantor’s business; and

(b) in the event that it hereafter acquires or has any Commercial Tort Claim in excess of $500,000 individually or $1,000,000 in the aggregate it shall deliver to the Notes Collateral Agent a completed Pledge Supplement together with all Supplements to Schedules thereto (without any action by or consent from the Notes Collateral Agent), identifying such new Commercial Tort Claims.

6.3 Ownership of Collateral and Absence of Other Liens.

(a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than, as permitted under the Indenture, ABL Liens, Permitted Notes Collateral Liens and Permitted Liens, and such Grantor shall use commercially reasonable efforts to defend the Collateral against all Persons at any time claiming any interest therein; and

(b) it shall not sell, transfer or assign (by operation of law or otherwise) or exclusively license to another Person any Collateral except as otherwise permitted or not prohibited by the Indenture or the Intercreditor Agreement.

 

18


6.4 Status of Security Interest.

(a) subject to the limitations set forth in subsection (b) of this Section 6.4, the other terms of this Agreement, the terms of the Intercreditor Agreement and the other Indenture Documents, each Grantor shall maintain the security interest of the Notes Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject to ABL Liens, Permitted Notes Collateral Liens and Permitted Liens); and

(b) notwithstanding the foregoing, no Grantor shall be required to take any action to perfect any Collateral to the extent it requires perfection by (i) Control, (ii) filing financing statements or other records, or entering into pledge agreements or other security documents, outside the United States of America (other than as provided in Section 4.6 hereof), or (iii) filings with registrars of motor vehicles or similar governmental authorities with respect to goods covered by a certificate of title, in each case except as and to the extent specified in Section 4 hereof.

6.5 Goods & Receivables.

(a) it shall not deliver any Document evidencing any Equipment and Inventory to any Person other than the issuer of such Document to claim the Goods evidenced therefor or the Notes Collateral Agent or the ABL Facility Collateral Agent or such other collateral agent, subject to the Intercreditor Agreement; and

(b) the Notes Collateral Agent shall have the right, subject to the Intercreditor Agreement, at any time following the occurrence and during the continuation of an Event of Default, and following the satisfaction and discharge in full of the Obligations in respect of the ABL Facility, to notify, or require any Grantor to notify, any Account Debtor of the Notes Collateral Agent’s security interest in the Receivables and any Supporting Obligation and, in addition, at any time following the occurrence and during the continuation of an Event of Default, the Notes Collateral Agent may, subject to the Intercreditor Agreement (and following the satisfaction and discharge in full of the Obligations in respect of the ABL Facility): (i) direct the Account Debtors under any Receivables to make payment of all amounts due or to become due to such Grantor thereunder directly to the Notes Collateral Agent; (ii) notify, or require any Grantor to notify, each Person maintaining a lockbox or similar arrangement to which Account Debtors under any Receivables have been directed to make payment to remit all amounts representing collections on checks and other payment items from time to time sent to or deposited in such lockbox or other arrangement directly to the Notes Collateral Agent; and (iii) enforce, at the expense of such Grantor, collection of any such Receivables and to adjust, settle or compromise the amount or payment thereof, in the same manner and to the same extent as such Grantor might have done. If the Notes Collateral Agent notifies any Grantor that it has elected to collect the Receivables in accordance with the preceding sentence, any payments of Receivables received by such Grantor shall be forthwith (and in any event within two (2) Business Days) deposited by such Grantor in the exact form received, duly indorsed by such Grantor to the Notes Collateral Agent if required, in the Collateral Account maintained under the sole dominion and control of the Notes Collateral Agent, and until so turned over, all amounts and proceeds (including checks and other instruments) received by such Grantor in respect of the Receivables, any Supporting Obligation or Collateral Support shall be received in trust for the benefit of the Notes Collateral Agent hereunder and shall be segregated from other funds of such Grantor and such Grantor shall not adjust, settle or compromise the amount or payment of any Receivable, or release wholly or partly any Account Debtor or obligor thereof, or allow any credit or discount thereon.

 

19


6.6 Pledged Equity Interests, Investment Related Property.

(a) except as provided in the next sentence, in the event such Grantor receives any dividends, interest or distributions on any Pledged Equity Interest or other Investment Related Property (in each case, solely to the extent constituting Collateral hereunder), upon the merger, consolidation, liquidation or dissolution of any issuer of any Pledged Equity Interest or Investment Related Property, then such dividends, interest or distributions and securities or other property shall be included in the definition of Collateral without further action and such Grantor shall immediately take all steps, if any, reasonably necessary or advisable to ensure the validity, perfection and priority of the Notes Collateral Agent’s Liens granted hereby over such Investment Related Property (subject to the Intercreditor Agreement). Notwithstanding the foregoing, so long as no Event of Default shall have occurred and be continuing, the Notes Collateral Agent authorizes each Grantor to retain all dividends and distributions and all scheduled payments of interest, to be applied by such Grantor in any manner permitted by or not prohibited under the Indenture Documents;

(b) Voting.

(i) So long as no Event of Default shall have occurred and be continuing and the Notes Collateral Agent has not informed the Issuer of its intention to exercise its rights and remedies hereunder, except as otherwise provided under the covenants and agreements relating to Investment Related Property in this Agreement or elsewhere herein or in the Indenture or the Intercreditor Agreement, each Grantor shall be entitled to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Investment Related Property or any part thereof for any purpose not inconsistent with the terms of this Agreement or the Indenture and the Intercreditor Agreement; it being understood, however, that neither the voting by such Grantor of any Pledged Stock for, or such Grantor’s consent to, the election of directors (or similar governing body) at a regularly scheduled annual or other meeting of stockholders or with respect to incidental matters at any such meeting, nor such Grantor’s consent to or approval of any action otherwise permitted under this Agreement, the Intercreditor Agreement and the Indenture, shall be deemed inconsistent with the terms of this Agreement, the Intercreditor Agreement or the Indenture within the meaning of this Section 6.6(b)(i) .

(ii) Upon the occurrence and during the continuation of an Event of Default and upon two (2) Business Days prior written notice from the Notes Collateral Agent to such Grantor of the Notes Collateral Agent’s intention to exercise such rights:

 

  (1) 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 Notes Collateral Agent who shall thereupon have the sole right (but shall not be required) to exercise such voting and other consensual rights (in each case, subject to the Intercreditor Agreement); and

 

  (2)

in order to permit the Notes 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 (in each case, subject to the Intercreditor Agreement): (1) each Grantor shall promptly execute and deliver (or cause to be executed and delivered) to the Notes Collateral Agent all proxies, dividend payment orders and other instruments

 

20


  as the Notes Collateral Agent may from time to time reasonably request and (2) each Grantor acknowledges that the Notes Collateral Agent may utilize the power of attorney set forth in Section 8.1.

(c) except as expressly prohibited by the Indenture, to the extent it shall vote to enable or take any other action to cause any issuer of any Pledged Partnership Interests or Pledged LLC Interests which are not securities (for purposes of the 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 UCC, such Grantor shall promptly notify the Notes Collateral Agent in writing of any such election or action and, in such event, shall take all steps reasonably necessary or advisable to ensure the validity, perfection and priority of the Notes Collateral Agent’s Liens purported to be granted hereby over such Investment Related Property (subject to the Intercreditor Agreement).

6.7 Intellectual Property.

(a) it has not abandoned any of its registered, issued or applied-for Trademarks, Patents or Copyrights in each case constituting Material Intellectual Property, and it will not do any act, or omit to do any act, whereby such Trademarks, Patents or Copyrights may become abandoned, canceled, invalidated, unenforceable, avoided, or avoidable, in each case, except as shall be consistent with its commercially reasonable business judgment;

(b) it shall notify the Notes Collateral Agent in writing as soon as reasonably practicable if any application, registration, or recording with respect to any Material Intellectual Property consisting of registered, issued or applied-for Trademarks, Patents or Copyrights becomes abandoned, canceled, invalidated or unenforceable, or otherwise becomes subject to any material adverse determination or development regarding its ownership, registration or use of such item of Material Intellectual Property (excluding any non-final office actions or similar correspondence issued by the United States Patent and Trademark Office or United States Copyright Office);

(c) it shall take all reasonable steps (including in any proceeding before the United States Patent and Trademark Office, the United States Copyright Office, any federal or state court, or any similar office or agency in the United States of America, any State thereof or any political subdivision thereof) to pursue any application and maintain any registration or issuance of each Trademark, Patent, and Copyright owned by it and constituting Material Intellectual Property, except as shall be consistent with its commercially reasonably business judgment; and shall render assistance, as the Notes Collateral Agent may reasonably request, to the Notes Collateral Agent in any proceeding before the United States Patent and Trademark Office, the United States Copyright Office, any federal or state court, or any similar office or agency in the United States of America, any State thereof or any political subdivision thereof, to maintain any application and registration of any Trademarks, Patents and Copyrights included in the Material Intellectual Property, and to protect the Notes Collateral Agent’s interest therein;

(d) it shall as soon as reasonably practicable notify the Notes Collateral Agent if it (or any Affiliate or Subsidiary thereof) learns of any infringement, misappropriation, dilution or other violation (including any harm to the goodwill of the business connected with the use of its Trademarks) by any Person in any material respect of any Material Intellectual Property owned by it; in such event, it shall promptly take all actions in its commercially reasonable business judgment to stop such infringement, misappropriation, dilution or other violation and protect its rights in such Intellectual Property including, but not limited to, the initiation of a suit for injunctive relief and to recover damages, if appropriate;

 

21


(e) it shall not, with respect to any Trademarks constituting Material Intellectual Property, except as shall be consistent with its commercially reasonable business judgment, cease the use of any of such Trademarks or fail to maintain the level of the quality of products sold and services rendered under any of such Trademark at a level at least substantially consistent with the quality of such products and services as of the date hereof, and it shall take all commercially reasonable steps to ensure that licensees of such Trademarks use such consistent standards of quality;

(f) it shall take all steps reasonably necessary in accordance with industry standards to protect the secrecy of all its trade secrets and all other confidential or proprietary information and know-how, including, without limitation, entering into confidentiality agreements with employees and consultants and labeling and restricting access to secret information and documents; and

(g) it shall use legally required statutory notice and proper marking practices, as applicable, in connection with the use of the Material Intellectual Property.

 

SECTION 7. FURTHER ASSURANCES; ADDITIONAL GRANTORS.

7.1 Further Assurances.

(a) Subject to the Intercreditor Agreement, each Grantor agrees that from time to time, at the expense of such Grantor, that it shall promptly execute and deliver all further instruments and documents, and take all further action, including filing financing statements, that the Notes Collateral Agent (acting at the direction of the Trustee) may reasonably request, in order to create and/or maintain the validity, perfection or priority of and protect any security interest granted or purported to be granted hereby or to enable the Notes Collateral Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral. Without limiting the generality of the foregoing, each Grantor (subject to the Intercreditor Agreement):

(i) authorizes the Notes Collateral Agent to file such financing or continuation statements, or amendments thereto, subject to Section 6.4(b), record security interests in Intellectual Property and execute and deliver such other agreements, instruments, endorsements, powers of attorney or notices, as may be necessary or desirable, or as the Notes Collateral Agent may reasonably request, in order to effect, reflect, perfect and preserve the security interests granted or purported to be granted hereby;

(ii) authorizes the Notes Collateral Agent to take all actions necessary to ensure the recordation of appropriate evidence of the liens and security interest granted hereunder in any Intellectual Property with any intellectual property registry in the United States in which said Intellectual Property is registered or issued or in which an application for registration or issuance is pending, including, without limitation, the United States Patent and Trademark Office, the United States Copyright Office and the various Secretaries of State;

(iii) at the Notes Collateral Agent’s reasonable request, shall exercise commercially reasonable efforts to appear in and defend any action or proceeding that may affect such Grantor’s title to or the Notes Collateral Agent’s security interest in all or any part of the Collateral; and

 

22


(iv) shall furnish the Notes Collateral Agent with such information regarding the Collateral, including, without limitation, the location thereof, as the Notes Collateral Agent may reasonably request from time to time.

(b) Each Grantor hereby authorizes the Notes Collateral Agent to file a Record or Records, including, without limitation, financing or continuation statements, Intellectual Property Security Agreements and amendments and supplements to any of the foregoing, in any jurisdictions and with any filing offices as the Notes Collateral Agent may determine, in its reasonable discretion, are necessary or advisable to perfect or otherwise protect the security interest granted to the Notes Collateral Agent herein. Such financing statements may describe the Collateral in the same manner as described herein or may contain an indication or description of collateral that describes such property in any other manner as the Notes Collateral Agent may determine, in its reasonable discretion, is necessary, advisable or prudent to ensure the perfection of the security interest in the Collateral granted to the Notes Collateral Agent herein, including, without limitation, describing such property as “all assets, whether now owned or hereafter acquired, developed or created” or words of similar effect. Each Grantor shall furnish to the Notes Collateral Agent from time to time statements and schedules further identifying and describing the Collateral and such other reports in connection with the Collateral as the Notes Collateral Agent may reasonably request, all in reasonable detail.

(c) Each Grantor hereby authorizes the Notes Collateral Agent to modify this Agreement after obtaining such Grantor’s approval of or signature to such modification by amending Schedule 5.2 (as such schedule may be amended or supplemented from time to time) to include reference to any right, title or interest in any existing Intellectual Property or any Intellectual Property acquired or developed by any Grantor after the execution hereof or to delete any reference to any right, title or interest in any Intellectual Property in which any Grantor no longer has or claims any right, title or interest.

7.2 Additional Grantors. From time to time subsequent to the date hereof, additional Persons may become parties hereto as additional Grantors (each, an Additional Grantor), by executing a Pledge Supplement, without further action by or consent from the Notes Collateral Agent. Upon delivery of any such Pledge Supplement to the Notes Collateral Agent, notice of which is hereby waived by Grantors, each Additional Grantor shall be a Grantor and shall be as fully a party hereto as if Additional Grantor were an original signatory hereto. Each Grantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Grantor hereunder, nor by any election of the Notes Collateral Agent not to cause any Subsidiary of the Issuer, Holdings or any Subsidiary Party to become an Additional Grantor hereunder. This Agreement shall be fully effective as to any Grantor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Grantor hereunder.

 

SECTION 8. NOTES COLLATERAL AGENT APPOINTED ATTORNEY-IN-FACT.

8.1 Power of Attorney. Each Grantor hereby irrevocably appoints the Notes Collateral Agent (such appointment being coupled with an interest) as such Grantor’s attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor, the Notes Collateral Agent or otherwise, from time to time in the Notes Collateral Agent’s discretion to take any action and to execute any instrument that the Notes Collateral Agent may deem reasonably necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, the following (but subject, in each case, to the Intercreditor Agreement):

(a) upon the occurrence and during the continuance of any Event of Default, to obtain and adjust insurance required to be maintained by such Grantor or paid to the Notes Collateral Agent pursuant to the Indenture;

 

23


(b) upon the occurrence and during the continuance of any Event of Default, to ask for, demand, collect, sue for, recover, compound, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral;

(c) upon the occurrence and during the continuance of any Event of Default, to receive, endorse and collect any drafts or other instruments, documents and chattel paper in connection with clause (b) above;

(d) upon the occurrence and during the continuance of any Event of Default, to file any claims or take any action or institute any proceedings that the Notes Collateral Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Notes Collateral Agent with respect to any of the Collateral;

(e) to prepare and file any UCC financing statements against such Grantor as debtor;

(f) to prepare, sign, and file for recordation in any intellectual property registry, appropriate evidence of the lien and security interest granted herein in any Intellectual Property in the name of such Grantor as debtor;

(g) to take or cause to be taken all actions necessary to perform or comply or cause performance or compliance with the terms of this Agreement if any such action shall not have been taken by the applicable Grantor within a reasonable period of time (in no event to exceed ten (10) business days) following notice thereof from the Notes Collateral Agent, including, without limitation, access to pay or discharge taxes or Liens (other than ABL Liens, Permitted Notes Collateral Liens and Permitted Liens) levied or placed upon or threatened against the Collateral, the legality or validity thereof and the amounts necessary to discharge the same to be determined by the Notes Collateral Agent in its sole discretion, any such payments made by the Notes Collateral Agent to become obligations of such Grantor to the Notes Collateral Agent, due and payable immediately without demand; and

(h) upon the occurrence and during the continuance of any Event of Default, generally to sell, transfer, lease, license, pledge, make any agreement with respect to or otherwise deal with any of the Collateral as fully and completely as though the Notes Collateral Agent were the absolute owner thereof for all purposes, and to do, at the Notes Collateral Agent’s option and such Grantor’s expense, at any time or from time to time, all acts and things that the Notes Collateral Agent deems reasonably necessary to protect, preserve or realize upon the Collateral and the Notes Collateral Agent’s security interest therein in order to effect the intent of this Agreement, all as fully and effectively as such Grantor might do.

8.2 No Duty on the Part of Notes Collateral Agent or Secured Parties. The powers conferred on the Notes Collateral Agent hereunder are solely to protect the interests of the Secured Parties in the Collateral and shall not impose any duty upon the Notes Collateral Agent or any other Secured Party to exercise any such powers. The Notes Collateral Agent and the other Secured Parties shall be accountable only for amounts that they actually receive as a result of the exercise of such powers, and neither they nor any of their officers, directors, employees or agents shall be responsible to any Grantor for any act or failure to act hereunder, except for their gross negligence or willful misconduct.

 

24


8.3 Appointment Pursuant to Indenture. The Notes Collateral Agent has been appointed as collateral agent pursuant to the Indenture. The rights, duties, privileges, immunities and indemnities of the Notes Collateral Agent hereunder are subject to the provisions of the Indenture.

 

SECTION 9. REMEDIES.

9.1 Generally.

(a) If any Event of Default shall have occurred and be continuing (subject in each case to the Intercreditor Agreement), the Notes Collateral Agent, at the expense of the Grantors, may exercise in respect of the Collateral, in addition to all other rights and remedies provided for herein or otherwise available to it at law or in equity, all the rights and remedies of the Notes Collateral Agent, as a secured party, on default under the UCC (whether or not the UCC applies to the affected Collateral) to collect, enforce or satisfy any Secured Obligations then owing, whether by acceleration or otherwise, and also may pursue any of the following separately, successively or simultaneously:

(i) require any Grantor to, and each Grantor hereby agrees that it shall at its expense and promptly upon request of the Notes Collateral Agent forthwith, use commercially reasonable efforts to assemble and allow inspection of all or part of the Collateral as directed by the Notes Collateral Agent and make it available to the Notes Collateral Agent at a place to be designated by the Notes Collateral Agent that is reasonably convenient to both parties;

(ii) enter onto the property where any Collateral is located and take possession thereof with or without judicial process;

(iii) prior to the disposition of the Collateral, store, process, repair or recondition the Collateral or otherwise prepare the Collateral for disposition in any manner to the extent the Notes Collateral Agent deems appropriate; and

(iv) without notice except as specified below or under the UCC, sell, assign, lease, license (on an exclusive or nonexclusive basis) or otherwise dispose of the Collateral or any part thereof in one or more parcels at public or private sale, at any of the Notes Collateral Agent’s offices or elsewhere, for cash, on credit or for future delivery, at such time or times and at such price or prices and upon such other terms as the Notes Collateral Agent may deem commercially reasonable.

(b) The Notes Collateral Agent or any other Secured Party may be the purchaser of any or all of the Collateral at any public or private (to the extent to the portion of the Collateral being privately sold is of a kind that is customarily sold on a recognized market or the subject of widely distributed standard price quotations) sale in accordance with the UCC and the Notes Collateral Agent, as collateral agent for and representative of the Secured Parties, shall be entitled, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold at any such sale made in accordance with the UCC, to use and apply any of the Secured Obligations as a credit on account of the purchase price for any Collateral payable by the Notes Collateral Agent at such sale. Each purchaser at any such sale shall hold the

 

25


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 (10) 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 shall constitute reasonable notification. The Notes Collateral Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Notes Collateral Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. Each Grantor agrees that it would not be commercially unreasonable for the Notes 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 Notes 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 Notes Collateral Agent accepts the first offer received and does not offer such Collateral to more than one offeree. Subject to the Intercreditor Agreement, if the proceeds of any sale or other disposition of the Collateral are insufficient to pay all the Secured Obligations, Grantors shall be liable for the deficiency and the fees of any attorneys or other agents employed by the Notes Collateral Agent to collect such deficiency. Each Grantor further agrees that a breach of any of the covenants contained in this Section will cause irreparable injury to the Notes Collateral Agent, that the Notes Collateral Agent has no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant contained in this Section 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 default has occurred giving rise to the Secured Obligations becoming due and payable prior to their stated maturities. Nothing in this Section shall in any way limit the rights of the Notes Collateral Agent hereunder.

(c) The Notes Collateral Agent may sell the Collateral without giving any warranties as to the Collateral. The Notes Collateral Agent may specifically disclaim or modify any warranties of title or the like. This procedure will not be considered to adversely affect the commercial reasonableness of any sale of the Collateral.

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

9.2 Application of Proceeds. Except as expressly provided elsewhere in this Agreement and subject to the Intercreditor Agreement, all proceeds received by the Notes Collateral Agent in respect of any sale of, any collection from, or other realization upon all or any part of the Collateral shall be applied in full or in part by the Notes Collateral Agent against, the Secured Obligations in the following order of priority: first, to the payment of all costs and expenses of such sale, collection or other realization, including reasonable reimbursement to the Notes Collateral Agent and its agents and counsel for all expenses, liabilities and advances made or incurred by the Notes Collateral Agent in connection therewith, and all amounts for which the Notes Collateral Agent is entitled to indemnification or payment under this Agreement or the Indenture (in its capacity as the Notes Collateral Agent) and all advances made by the Notes Collateral Agent hereunder for the account of the applicable Grantor, and to the payment of all costs and expenses paid or incurred by the Notes Collateral Agent in connection with the exercise of any right or remedy hereunder or under the Indenture or the Intercreditor Agreement, all in

 

26


accordance with the terms hereof or thereof; second, to the extent of any excess of such proceeds, to the payment of all other Secured Obligations for the ratable benefit of the Holders; and third, to the extent of any excess of such proceeds, to the payment to or upon the order of the applicable Grantor or to whosoever may be lawfully entitled to receive the same or as a court of competent jurisdiction may direct.

9.3 Sales on Credit. If the Notes Collateral Agent (to the extent permitted hereunder) sells any of the Collateral upon credit, Grantor will be credited only with payments actually made by purchaser and received by the Notes Collateral Agent and applied to indebtedness of the purchaser. In the event the purchaser fails to pay for the Collateral, the Notes Collateral Agent may resell the Collateral and Grantor shall be credited with proceeds of the sale.

9.4 Investment Related Property. Each Grantor recognizes that, by reason of certain prohibitions contained in the Securities Act and applicable state securities laws, the Notes Collateral Agent may be compelled, with respect to any sale of all or any part of the Investment Related Property (following the occurrence and during the continuance of an Event of Default) conducted without prior registration or qualification of such Investment Related Property under the Securities Act and/or such state securities laws, to limit purchasers to those who will agree, among other things, to acquire the Investment Related Property for their own account, for investment and not with a view to the distribution or resale thereof. Each Grantor acknowledges that any such private sale may be at prices and on terms less favorable than those obtainable through a public sale without such restrictions (including a public offering made pursuant to a registration statement under the Securities Act) and, notwithstanding such circumstances, each Grantor agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner and that the Notes Collateral Agent shall have no obligation to engage in public sales and no obligation to delay the sale of any Investment Related Property for the period of time necessary to permit the issuer thereof to register it for a form of public sale requiring registration under the Securities Act or under applicable state securities laws, even if such issuer would, or should, agree to so register it. If the Notes Collateral Agent determines to exercise its right to sell any or all of the Investment Related Property, upon written request, each Grantor shall and shall cause each issuer of any Pledged Stock to be sold hereunder, each partnership and each limited liability company from time to time to furnish to the Notes Collateral Agent all such information as the Notes Collateral Agent may request in order to determine the number and nature of interest, shares or other instruments included in the Investment Related Property which may be sold by the Notes Collateral Agent in exempt transactions under the Securities Act and the rules and regulations of the Securities and Exchange Commission thereunder, as the same are from time to time in effect.

9.5 Grant of Intellectual Property License. For the purpose of enabling the Notes Collateral Agent, during the continuance of an Event of Default, to exercise rights and remedies under Section 9 hereof at such time as the Notes Collateral Agent shall be lawfully entitled to exercise such rights and remedies, and for no other purpose, each Grantor hereby grants to the Notes Collateral Agent, to the extent of such Grantor’s right to grant the same, an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to such Grantor), subject, in the case of Trademarks, to sufficient rights to quality control and inspection in favor of such Grantor to avoid the risk of invalidation of such Trademarks, to use, assign, license or sublicense any of the Intellectual Property now owned or hereafter acquired, developed or created by such Grantor, wherever the same may be located. Such license shall include access to all media in which any of the licensed items may be recorded or stored and to all computer programs used for the compilation or printout thereof.

 

27


9.6 Intellectual Property.

(a) Anything contained herein to the contrary notwithstanding, in addition to the other rights and remedies provided herein, upon the occurrence and during the continuation of an Event of Default:

(i) the Notes Collateral Agent shall have the right (but not the obligation) to bring suit or otherwise commence any action or proceeding in the name of any Grantor, the Notes Collateral Agent or otherwise, in the Notes Collateral Agent’s sole discretion, to enforce any Intellectual Property rights of such Grantor, in which event such Grantor shall, at the request of the Notes Collateral Agent, do any and all lawful acts and execute any and all documents reasonably required by the Notes Collateral Agent in aid of such enforcement, and such Grantor shall promptly, upon demand, reimburse and indemnify the Notes Collateral Agent as provided in Section 12 hereof in connection with the exercise of its rights under this Section 9.6;

(ii) upon written demand from the Notes Collateral Agent, each Grantor shall grant, assign, convey or otherwise transfer to the Notes Collateral Agent or such Notes Collateral Agent’s designee all of such Grantor’s right, title and interest in and to any Intellectual Property and shall execute and deliver to the Notes Collateral Agent such documents as are necessary or appropriate to carry out the intent and purposes of this Agreement;

(iii) each Grantor agrees that such an assignment and/or recording shall be applied to reduce the Secured Obligations outstanding only to the extent that the Notes Collateral Agent (or any other Secured Party) receives cash proceeds in respect of the sale of, or other realization upon, any such Intellectual Property;

(iv) within five (5) Business Days after written notice from the Notes Collateral Agent, each Grantor shall make available to the Notes Collateral Agent, to the extent within such Grantor’s power and authority, such personnel in such Grantor’s employ on the date of such Event of Default as the Notes Collateral Agent may reasonably designate, by name, title or job responsibility, to permit such Grantor to continue, directly or indirectly, to produce, advertise and sell the products and services sold or delivered by such Grantor under or in connection with any Trademarks or Trademark Licenses, such persons to be available to perform their prior functions on the Notes Collateral Agent’s behalf and to be compensated by the Notes Collateral Agent at such Grantor’s expense on a per diem, pro-rata basis consistent with the salary and benefit structure applicable to each as of the date of such Event of Default; and

(v) the Notes Collateral Agent shall have the right to notify, or require each Grantor to notify, any obligors with respect to amounts due or to become due to such Grantor in respect of any Intellectual Property of such Grantor, of the existence of the security interest created herein, to direct such obligors to make payment of all such amounts directly to the Notes Collateral Agent, and, upon such notification and at the expense of such Grantor, to enforce collection of any such amounts and to adjust, settle or compromise the amount or payment thereof, in the same manner and to the same extent as such Grantor might have done;

 

28


(b) If (i) an Event of Default shall have occurred and, by reason of cure, waiver, modification, amendment or otherwise, no longer be continuing, (ii) no other Event of Default shall have occurred and be continuing, (iii) an assignment or other transfer to the Notes Collateral Agent of any rights, title and interests in and to any Intellectual Property of such Grantor shall have been previously made and shall have become absolute and effective, and (iv) the Secured Obligations shall not have become immediately due and payable, upon the written request of any Grantor, the Notes Collateral Agent shall promptly execute and deliver to such Grantor, at such Grantor’s sole cost and expense, such assignments or other instruments of transfer as may be reasonably requested by such Grantor to reassign to such Grantor any such rights, title and interests as may have been assigned to the Notes Collateral Agent under Section 9.6(a), subject to any disposition thereof that may have been made by the Notes Collateral Agent pursuant to the terms hereof; provided, after giving effect to such reassignment, the Notes Collateral Agent’s security interest granted pursuant hereto, as well as all other rights and remedies of the Notes Collateral Agent granted hereunder, shall continue to be in full force and effect; and provided further, the rights, title and interests so reassigned shall be free and clear of any other Liens granted by or on behalf of the Notes Collateral Agent and the Secured Parties.

9.7 Cash Proceeds; Deposit Accounts. (a) If any Event of Default shall have occurred and be continuing, subject to the Intercreditor Agreement, all proceeds of any Collateral received by any Grantor consisting of cash, checks and other near-cash items (collectively, “Cash Proceeds”) shall be held by such Grantor in trust for the Notes Collateral Agent, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Notes Collateral Agent in the exact form received by such Grantor (duly indorsed by such Grantor to the Notes Collateral Agent, if required) and held by the Notes Collateral Agent in the Collateral Account. Subject to the Intercreditor Agreement, any Cash Proceeds received by the Notes Collateral Agent (whether from a Grantor or otherwise) may, in the sole discretion of the Notes Collateral Agent (subject to the Intercreditor Agreement), (A) be held by the Notes Collateral Agent for the ratable benefit of the Secured Parties, as collateral security for the Secured Obligations (whether matured or unmatured) or (B) then or at any time thereafter may be applied by the Notes Collateral Agent against the Secured Obligations then due and owing in accordance with Section 9.2.

 

SECTION 10. NOTES COLLATERAL AGENT.

The Notes Collateral Agent has been appointed to act as Notes Collateral Agent hereunder by the Trustee and Holders and, by their acceptance of the benefits hereof, the other Secured Parties. The Notes 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, the Intercreditor Agreement and the Indenture. 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 Notes Collateral Agent for the benefit of Secured Parties in accordance with the terms of this Section. The provisions of the Indenture relating to the Notes Collateral Agent including, without limitation, the provisions relating to resignation or removal of the Notes Collateral Agent and the powers and duties and immunities of the Notes Collateral Agent are incorporated herein by this reference and shall survive any termination of the Indenture. The Notes Collateral Agent shall be entitled to all rights, protections and indemnities provided to it under the Indenture with respect to its actions hereunder (but solely to the extent provided under the Indenture).

 

29


SECTION 11. CONTINUING SECURITY INTEREST; TRANSFER OF LOANS; TERMINATION AND RELEASE.

This Agreement shall create a continuing security interest in the Collateral and shall remain in full force and effect until the payment in full of all Secured Obligations (other than unmatured contingent obligations and subject to the Issuer’s, Holdings’ or any Subsidiary Party’s rights pursuant to Section 11.10 of the Indenture to request termination of this Agreement and the security interest granted hereby upon payment in full of all of the Secured Obligations (other than unmatured contingent obligations)), be binding upon each Grantor, its successors and assigns, and inure, together with the rights and remedies of the Notes Collateral Agent hereunder, to the benefit of the Notes Collateral Agent and its successors, transferees and assigns. Without limiting the generality of the foregoing, but subject to the terms of the Indenture, any Holder may assign or otherwise transfer any Notes held by it to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to Holders herein or otherwise. Upon the payment in full of all Secured Obligations (other than unmatured contingent obligations), this Agreement and the security interest granted hereby shall automatically terminate hereunder and of record without further action by any party and, subject to the Intercreditor Agreement, all rights to the Collateral shall revert to the Grantors. Upon any such termination, the Notes Collateral Agent shall, at the Grantors’ expense, execute and deliver to the Grantors or otherwise authorize the filing of such documents as the Grantors shall reasonably request, including financing statement amendments to evidence such termination, and shall return any Collateral in its possession to the Grantors. A Grantor will be entitled to the release of property and other assets included in the Collateral from the Liens securing the Notes as provided in the Indenture and the Intercreditor Agreement, including Sections 11.01, 11.03, 11.04 and 11.10 of the Indenture and Section 2.05 of the Intercreditor Agreement. Upon any such release of Collateral the Notes Collateral Agent shall, at the applicable Grantor’s expense, and as promptly as practicable, (x) execute and deliver or otherwise authorize the filing of (i) such instruments or releases to evidence such release and (ii) such documents as such Grantor shall reasonably request, in form and substance reasonably satisfactory to the Notes Collateral Agent, including financing statement amendments to evidence such release and (y) perform or cause to be performed all acts as are reasonably necessary to effectuate such release. Upon any disposition of property permitted by the Indenture, the Liens granted herein shall be deemed to be automatically released and such property shall automatically revert to the applicable Grantor with no further action on the part of any Person and upon the consummation of any transaction permitted by the Indenture as a result of which any Grantor ceases to be a Subsidiary of Holdings and is released from its Guarantee of the Notes, such Grantor shall automatically be released from its obligations hereunder and the Liens granted herein in the Collateral of such Grantor shall be deemed to be automatically released, in each case, with no further action on the part of any Person.

 

SECTION 12. STANDARD OF CARE; COLLATERAL AGENT MAY PERFORM.

The powers conferred on the Notes Collateral Agent hereunder are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. Except for the exercise of reasonable care in the custody of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Notes Collateral Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral. The Notes Collateral Agent shall be deemed to have exercised reasonable care in the custody and preservation of Collateral in its possession if such Collateral is accorded treatment substantially equal to that which the Notes Collateral Agent accords its own property. Neither the Notes Collateral Agent nor any of its directors, officers, employees or agents shall be liable for failure to demand, collect or realize upon

 

30


all or any part 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 otherwise. If any Grantor fails to perform any agreement contained herein, the Notes Collateral Agent may (to the extent provided herein) itself perform, or cause performance of, such agreement, and the reasonable and documented out-of-pocket expenses of the Notes Collateral Agent incurred in connection therewith shall be payable by each Grantor under Section 10.01(i) of the Indenture.

 

SECTION 13. MISCELLANEOUS.

Any notice required or permitted to be given under this Agreement shall be given in accordance with Section 13.02 of the Indenture. To the extent that any Grantor receives conflicting notices from the Notes Collateral Agent and the ABL Facility Collateral Agent with respect to any Collateral, all parties hereby expressly agree that any conflict will be resolved in accordance with the Intercreditor Agreement. No failure or delay on the part of the Notes Collateral Agent in the exercise of any power, right or privilege hereunder or under any other Indenture Document shall impair such power, right or privilege or be construed to be a waiver of any default or acquiescence therein, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other power, right or privilege. All rights and remedies existing under this Agreement and the other Indenture Documents are cumulative to, and not exclusive of, any rights or remedies otherwise available. In case any provision in or obligation under this Agreement shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby. All covenants hereunder shall be given independent effect so that if a particular action or condition is not permitted by any of such covenants, the fact that it would be permitted by an exception to, or would otherwise be within the limitations of, another covenant shall not avoid the occurrence of a Default or an Event of Default if such action is taken or condition exists. This Agreement shall be binding upon and inure to the benefit of the Notes Collateral Agent and the Grantors and their respective successors and assigns. No Grantor shall, without the prior written consent of the Notes Collateral Agent given in accordance with the Indenture, assign any right, duty or obligation hereunder. This Agreement and the other Indenture Documents embody the entire agreement and understanding between the Grantors and the Notes Collateral Agent and supersede all prior agreements and understandings between such parties relating to the subject matter hereof and thereof. Accordingly, the Indenture Documents may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties. This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument; signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document.

THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ALL CLAIMS AND CONTROVERSIES ARISING OUT OF THE SUBJECT MATTER HEREOF WHETHER SOUNDING IN CONTRACT LAW, TORT LAW OR OTHERWISE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF ANY OTHER LAW (OTHER THAN ANY MANDATORY PROVISIONS OF THE UCC RELATING TO THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST).

 

31


SUBJECT TO CLAUSE (E) OF THE FOLLOWING SENTENCE, ALL JUDICIAL PROCEEDINGS BROUGHT AGAINST ANY GRANTOR ARISING OUT OF OR RELATING HERETO OR ANY OTHER SECURITY DOCUMENTS, OR ANY OF THE OBLIGATIONS, SHALL BE BROUGHT IN ANY STATE OR FEDERAL COURT OF COMPETENT JURISDICTION IN THE STATE, COUNTY AND CITY OF NEW YORK. BY EXECUTING AND DELIVERING THIS AGREEMENT, EACH GRANTOR, FOR ITSELF AND IN CONNECTION WITH ITS PROPERTIES, IRREVOCABLY (A) ACCEPTS GENERALLY AND UNCONDITIONALLY THE EXCLUSIVE JURISDICTION AND VENUE OF SUCH COURTS (OTHER THAN WITH RESPECT TO ACTIONS BY THE NOTES COLLATERAL AGENT OR TRUSTEE IN RESPECT OF RIGHTS UNDER ANY SECURITY DOCUMENT GOVERNED BY LAWS OTHER THAN THE LAWS OF THE STATE OF NEW YORK OR WITH RESPECT TO ANY COLLATERAL SUBJECT THERETO); (B) WAIVES ANY DEFENSE OF FORUM NON CONVENIENS; (C) AGREES THAT SERVICE OF ALL PROCESS IN ANY SUCH PROCEEDING IN ANY SUCH COURT MAY BE MADE BY REGISTERED OR CERTIFIED MAIL, RETURN RECEIPT REQUESTED, TO THE APPLICABLE GRANTOR AT ITS ADDRESS PROVIDED IN ACCORDANCE WITH SECTION 13.02 OF THE INDENTURE; (D) AGREES THAT SERVICE AS PROVIDED IN CLAUSE (C) ABOVE IS SUFFICIENT TO CONFER PERSONAL JURISDICTION OVER THE APPLICABLE GRANTOR IN ANY SUCH PROCEEDING IN ANY SUCH COURT, AND OTHERWISE CONSTITUTES EFFECTIVE AND BINDING SERVICE IN EVERY RESPECT; AND (E) AGREES THAT THE NOTES COLLATERAL AGENT OR TRUSTEE RETAIN THE RIGHT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO BRING PROCEEDINGS AGAINST ANY GRANTOR IN THE COURTS OF ANY OTHER JURISDICTION IN CONNECTION WITH THE EXERCISE OF ANY RIGHTS UNDER ANY SECURITY DOCUMENT OR THE ENFORCEMENT OF ANY JUDGMENT.

EACH OF THE PARTIES HERETO HEREBY AGREES TO WAIVE ITS RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON THIS AGREEMENT OR ARISING HEREUNDER OR UNDER ANY OF THE OTHER SECURITY DOCUMENTS OR ANY DEALINGS BETWEEN THEM RELATING TO THE SUBJECT MATTER OF THIS TRANSACTION OR THE RELATIONSHIP THAT IS BEING ESTABLISHED. THE SCOPE OF THIS WAIVER IS INTENDED TO BE ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT RELATE TO THE SUBJECT MATTER OF THIS TRANSACTION, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND STATUTORY CLAIMS. EACH PARTY HERETO ACKNOWLEDGES THAT THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO A BUSINESS RELATIONSHIP, THAT EACH HAS ALREADY RELIED ON THIS WAIVER IN ENTERING INTO THIS AGREEMENT, AND THAT EACH WILL CONTINUE TO RELY ON THIS WAIVER IN ITS RELATED FUTURE DEALINGS. EACH PARTY HERETO FURTHER WARRANTS AND REPRESENTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO THIS SECTION 13 AND EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT

 

32


AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS HERETO OR ANY OF THE OTHER SECURITY DOCUMENTS OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING TO THE GRANT OF SECURITY MADE HEREUNDER. IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.

 

33


IN WITNESS WHEREOF, each Grantor and the Notes Collateral Agent have caused this Agreement to be duly executed and delivered by their respective officers thereunto duly authorized as of the date first written above.

 

Grantors:
GLOBAL BRASS AND COPPER, INC.
GLOBAL BRASS AND COPPER HOLDINGS, INC.
CHASE BRASS AND COPPER COMPANY, LLC
GBC METALS, LLC
CHASE BRASS, LLC
A.J. OSTER, LLC
BRYAN METALS, LLC
OLIN FABRICATED METAL PRODUCTS, LLC
CHASE INDUSTRIES, LLC
A.J. OSTER FOILS, LLC
A.J. OSTER CARIBE, LLC
A.J. OSTER WEST, LLC
By:  

LOGO

  Name: Robert Micchelli
  Title: Chief Financial Officer

 

[Signature Page to Pledge and Security Agreement]


WELLS FARGO BANK,

NATIONAL ASSOCIATION,

as Notes Collateral Agent

By:  

LOGO

Title:  
  Richard Prokosch
  Vice President

 

[Signature Page to Pledge and Security Agreement]


EXECUTION VERSION

SCHEDULE 5.1

TO PLEDGE AND SECURITY AGREEMENT

GENERAL INFORMATION

 

(A) Full Legal Name, Type of Organization, Jurisdiction of Organization, Chief Executive Office/Sole Place of Business (or Residence if Grantor is a Natural Person) and Organizational Identification Number of each Grantor:

 

Full Legal Name

  

Type of

Organization

  

Jurisdiction of

Organization

  

Chief Executive

Office/Sole Place of

Business (or

Residence if Grantor

is a Natural Person)

  

Organization ID

A.J. Oster Caribe, LLC    LLC    Delaware   

275 West Natick

Road, Suite 500

Warwick, RI 02886*

   2091022

A.J. Oster Foils, LLC

   LLC    Delaware    275 West Natick    2089130
         Road, Suite 500   
         Warwick, RI 02886*   

A.J. Oster West, LLC

   LLC    Delaware    275 West Natick    4457775
         Road, Suite 500   
         Warwick, RI 02886*   
A.J. Oster, LLC    LLC    Delaware    275 West Natick    4451108
         Road, Suite 500   
         Warwick, RI 02886*   

Bryan Metals, LLC

   LLC    Delaware    4801 Olympia Park    4457717
         Plaza, Suite 3500,   
         Louisville, KY 40241   

Chase Brass and Copper

Company, LLC

   LLC    Delaware    14212 County    2228077
         Road M-50   
         Montpelier, OH   
         43543-0152   

Chase Brass, LLC

   LLC    Delaware    14212 County    4451109
         Road M-50   
         Montpelier, OH   
         43543-0152   

Chase Industries, LLC

   LLC    Delaware    14212 County    2228078
         Road M-50   
         Montpelier, OH   
         43543-0152   

GBC Metals, LLC

   LLC    Delaware    4801 Olympia Park    4451104
         Plaza, Suite 3500,   
         Louisville, KY 40241   

Global Brass and Copper

Holdings, Inc.

   Corporation    Delaware    475 N. Martingale    4438205
         Road, Suite 1050,   
         Schaumburg, IL   
         60173   

Global Brass and Copper,

Inc.

   Corporation    Delaware    475 N. Martingale    4438214
         Road, Suite 1050,   
         Schaumburg, IL   
         60173   
Olin Fabricated Metal Products, LLC    LLC    Delaware    4801 Olympia Park    2111635
         Plaza, Suite 3500,   
         Louisville, KY 40241   

 

* The Chief Executive Office will move to 301 Metro Center Boulevard, Suite 204, Warwick, Rhode Island 02886 by July 2012

 

Schedule 5.1 - 1


EXECUTION VERSION

 

(B) Other Names (including any Trade Name or Fictitious Business Name) under which each Grantor currently conducts business:

 

Full Legal Name

  

Trade Name or Fictitious Business Name

Bryan Metals, LLC    Olin Brass
GBC Metals, LLC    Olin Brass, Somers Thin Strip, Fineweld Tube
Olin Fabricated Metal Products, LLC    Olin Brass, Fineweld Tube

 

Schedule 5.1 - 2


EXECUTION VERSION

 

(C) Changes in Name, Jurisdiction of Organization, Chief Executive Office or Sole Place of Business (or Principal Residence if Grantor is a Natural Person) and Corporate Structure within past five (5) years:

 

Grantor

 

Date of Change

  

Description of Change

A.J. Oster Caribe, LLC   November 14, 2007    Name changed from A.J. Oster Caribe, Inc. and converted to limited liability company from corporation.
A.J. Oster Foils, LLC   November 14, 2007    Name changed from A.J. Oster Foils, Inc. and converted to limited liability company from corporation.
A.J. Oster West, LLC   November 14, 2007    Name changed from A.J. Oster West, Inc. and converted to limited liability company from corporation.
Bryan Metals, LLC   November 14, 2007    Name changed from Bryan Metals, Inc., converted to limited liability company from corporation and changed jurisdiction of organization from Ohio to Delaware.
Chase Brass and Copper Company, LLC   November 16, 2007    Name changed from Chase Brass & Copper Company, LLC.
  November 14, 2007    Name changed from Chase Brass & Copper Company, Inc. and converted to limited liability company from corporation.
Chase Industries, LLC   November 14, 2007    Name changed from Chase Industries Inc. and converted to limited liability company from corporation.
GBC Metals, LLC   December 13, 2007    Name changed from Global Metals, LLC.
Global Brass and Copper, Inc.   November 2, 2007    Name changed from Global Brass and Copper Acquisition Co.
Olin Fabricated Metal Products, LLC   November 14, 2007    Name changed from Olin Fabricated Metal Products, Inc. and converted to limited liability company from corporation.

 

Schedule 5.1 - 3


EXECUTION VERSION

 

Prior Addresses:

 

Debtor/Grantor

  

Prior Address/City/State/Zip Code

A.J. Oster Caribe, LLC    190 Carondelet Plaza, Suite 1530, Clayton, MO 63105
A.J. Oster Foils, LLC    190 Carondelet Plaza, Suite 1530, Clayton, MO 63105
A.J. Oster West, LLC    190 Carondelet Plaza, Suite 1530, Clayton, MO 63105
Bryan Metals, LLC    190 Carondelet Plaza, Suite 1530, Clayton, MO 63105
   427 N. Shamrock St., East Alton, IL 62024
Chase Brass and Copper Company, LLC    190 Carondelet Plaza, Suite 1530, Clayton, MO 63105
Chase Industries, LLC    190 Carondelet Plaza, Suite 1530, Clayton, MO 63105
GBC Metals, LLC    427 N. Shamrock St., East Alton, IL 62024
Global Brass and Copper, Inc.    427 N. Shamrock St., East Alton, IL 62024
Global Brass and Copper Holdings, Inc.    427 N. Shamrock St., East Alton, IL 62024
Olin Fabricated Metal Products, LLC    190 Carondelet Plaza, Suite 1530, Clayton, MO 63105
   427 N. Shamrock St., East Alton, IL 62024

 

(D) Agreements pursuant to which any Grantor is bound as debtor within past five (5) years:

 

Grantor

  

Description of Agreement

The Grantors    The ABL Facility Documents
The Grantors    The Credit Documents (as defined in the Credit and Guaranty Agreement, dated as of August 18, 2010, by and among the Grantors, the agents and lenders from time to time party thereto, and Goldman Sachs Lending Partners LLC, as administrative agent and collateral agent)

 

Schedule 5.1 - 4


SCHEDULE 5.2

TO PLEDGE AND SECURITY AGREEMENT

COLLATERAL IDENTIFICATION

I. INVESTMENT RELATED PROPERTY

 

(A) Pledged Stock:

 

                                Percentage  
                                of  
                                Outstanding  
                Stock         No. of     Stock of  
        Class of   Certificated   Certificate   Par     Pledged     the Stock  

Grantor

 

Stock Issuer

  Stock   (Y/N)   No.   Value     Stock     Issuer  

Global Brass and Copper Holdings, Inc.

 

Global Brass and Copper, Inc.

  N/A   Y   2   $ 0.01        100        100

Pledged LLC Interests:

 

                    Percentage of  
                    Outstanding  
                    LLC Interests of  
                    the Limited  
        Certificated   Certificate No.   No. of Pledged   Liability  

Grantor

 

Limited Liability Company

  (Y/N)   (if any)   Units   Company  

Global Brass and Copper, Inc.

 

Chase Brass, LLC

  N   N/A   N/A     100

Global Brass and Copper, Inc.

 

GBC Metals, LLC

  N   N/A   N/A     100

Global Brass and Copper, Inc.

 

A.J. Oster, LLC

  N   N/A   N/A     100

GBC Metals, LLC

 

Bryan Metals, LLC

  N   N/A   N/A     100

GBC Metals, LLC

 

Olin Fabricated Metal Products, LLC

  N   N/A   N/A     100

Chase Brass, LLC

 

Chase Industries, LLC

  N   N/A   N/A     100

Chase Industries, LLC

 

Chase Brass and Copper Company, LLC

  N   N/A   N/A     100

A.J. Oster, LLC

 

A.J. Oster Foils, LLC

  N   N/A   N/A     100

A.J. Oster, LLC

 

A.J. Oster Caribe, LLC

  N   N/A   N/A     100

A.J. Oster, LLC

 

A.J. Oster West, LLC

  N   N/A   N/A     100

 

Schedule 5.2 - 1


Singapore Private Limited Company Shares:

 

                     Percentage of  
                     Outstanding  
         Type of   Certificated   Certificate No.   Shares of the  

Grantor

  

Company

  Interests   (Y/N)  

(if any)

  Issuer  

GBC Metals, LLC

  

Olin Asia Pacific Pte Ltd (now known as GBC Metals Asia Pacific Pte. Ltd.)

  Shares   Y  

8(1,951,773

pledged shares)

    65

GBC Metals, LLC

  

Olin Asia Pacific Pte Ltd (now known as GBC Metals Asia Pacific Pte. Ltd.)

  Shares   Y  

9(1,050,955

unpledged shares)*

    35

Joint Venture Shares:

 

                     Percentage of  
                     Outstanding  
         Type of   Certificated   Certificate No.   Shares of the  

Grantor

  

Company

  Interests   (Y/N)  

(if any)

  Issuer  

GBC Metals, LLC

  

DOWA-Olin Metal Corporation

  Shares   N  

Unnumbered

(4,800 unpledged

shares)*

    50

Hong Kong Limited Company Shares:

 

                     Percentage of  
                     Outstanding  
         Type of   Certificated   Certificate No.   Shares of the  

Grantor

  

Company

  Interests   (Y/N)  

(if any)

  Issuer  

GBC Metals, LLC

  

Olin Industrial (Hong Kong) Limited

  Shares   Y  

7 (65 pledged

shares)

    65

GBC Metals, LLC

  

Olin Industrial (Hong Kong) Limited

  Shares   Y  

8 (35 unpledged

shares)*

    35

 

Schedule 5.2 - 2


Mexican Variable Capital Company Shares:

 

                     Percentage of  
                     Outstanding  
         Type of   Certificated   Certificate No.   Shares of the  

Grantor

  

Company

 

Interests

  (Y/N)  

(if any)

  Issuer  

A.J. Oster, LLC

  

A.J.O. Mexico, S.A. de C.V. (formerly named Olin Mexico, S.A.de C.V.)

  Fixed Capital Shares   Y  

10 (3,244

pledged shares)

    65

A.J. Oster, LLC

  

A.J.O. Mexico, S.A. de C.V. (formerly named Olin Mexico, S.A.de C.V.)

  Fixed Capital Shares   Y  

11 (1,746

unpledged

shares)*

    35

A.J. Oster, LLC

  

A.J.O. Global Services - Mexico, S.A.de C.V. (formerly named Olin Global Services - Mexico, S.A.de C.V.)

  Fixed Capital Shares   Y  

3 (33 pledged

shares)

    66

A.J. Oster, LLC

  

A.J.O. Global Services - Mexico, S.A.de C.V. (formerly named Olin Global Services - Mexico, S.A.de C.V.)

  Fixed Capital Shares   Y  

4 (16 unpledged

shares)*

    32

A.J. Oster West, LLC

  

A.J.O. Mexico, S.A. de C.V. (formerly named Olin Mexico, S.A.de C.V.)

  Fixed Capital Shares   Y  

8 (7 pledged

shares)

    0

A.J. Oster West, LLC

  

A.J.O. Mexico, S.A. de C.V. (formerly named Olin Mexico, S.A. de C.V.)

  Fixed Capital Shares   Y  

9 (3 unpledged

shares)*

    0

A.J. Oster West, LLC

  

A.J.O. Mexico, S.A. de C.V. (formerly named Olin Mexico, S.A.de C.V.)

  Variable Capital Shares   Y   12 (1,521,005 pledged shares)     65

A.J. Oster West, LLC

  

A.J.O. Mexico, S.A. de C.V. (formerly named Olin Mexico, S.A.de C.V.)

  Variable Capital Shares   Y  

13 (819,002 unpledged

shares)*

    35

 

* 0% pledged/not part of the Collateral.

 

Schedule 5.2 - 3


Pledged Partnership Interests: None

Pledged Trust Interests: None

Pledged Debt: None

 

Schedule 5.2 - 4


II. INTELLECTUAL PROPERTY

 

  (A) Copyrights

Debtor/Grantor: GBC METALS, LLC d/b/a Olin Brass

 

Title

  

Registration No.

  

Registration Date

Understanding copper alloys: the manufacture and use of copper and copper alloy sheet and strip / edited by J. Howard Mendenhall.

   TX0000900105    1982-04-09

Debtor/Grantor: GBC METALS, LLC (as successor to registrant Olin Corporation)

 

Title

  

Registration No.

   Registration Date

Olin brass alloy guide.

   TX0001605891    1985-03-18

Olin brass alloy guide.

   TX0001560920    1985-03-18

Olin brass alloy guide.

   TX0001560919    1985-03-18

Debtor/Grantor: A.J. OSTER, LLC (as successor to registrant A.J. Oster Company)

 

Title

  

Registration No.

  

Registration Date

Total quality management using statistical methods: training manual / prepared by Gerald A. Emperor.

   TX0003095969    1991-04-15

 

  (B) Patents

U.S. Patents

 

Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   09/879616    2002-0044881    6632300    Granted

Utility Patent Filing

   12-Jun-2001    18-Apr-2002    14-Oct-2003    12-Jun-2021

Owner: GBC Metals, LLC

           

Title: Copper Alloy Having Improved Stress Relaxation Resistance

United States of America

   09/784547    2002-0160219    6569543    Granted

Priority Application

   15-Feb-2001    31-Oct-2002    27-May-2003    09-Jun-2021
Owner: GBC Metals, LLC            

Title: Copper Foil With Low Profile Bond Enhancement

 

Schedule 5.2 - 5


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   09/948166    2002-0192486    6893742    Granted

Continuation In Part

   06-Sep-2001    19-Dec-2002    17-May-2005    15-Feb-2021

Owner: GBC Metals, LLC

           

Title: Copper Foil With Low Profile Bond

           

United States of America

   10/017863    2002-0112965    6837980    Granted

Utility Patent Filing

   12-Dec-2001    22-Aug-2002    04-Jan-2005    12-Dec-2021

Owner: GBC Metals, LLC

           

Title: Bond Enhancement Anti-tarnish Coatings

        

United States of America

   09/842454    2001-0027922    6689268    Granted

Divisional Filing

   26-Apr-2001    11-Oct-2001    10-Feb-2004    10-Mar-2020

Owner: GBC Metals, LLC

           

Title: Copper Foil Composite Including A Release Layer

        

United States of America

   09/429871       6471792    Granted

Continuation In Part

   29-Oct-1999       29-Oct-2002    16-Nov-2018

Owner: GBC Metals, LLC

           

Title: Stress Relaxation Resistant Brass

           

United States of America

   09/561110       6432556    Granted

Utility Patent Filing

   28-Apr-2000       13-Aug-2002    28-Apr-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy With A Golden Visual Appearance

        

United States of America

   09/568375       6348544    Granted

Continuation In Part

   10-May-2000       19-Feb-2002    22-Sep-2019

Owner: GBC Metals, LLC

           

Title: Tintable Water-Based Coating Composition

        

 

Schedule 5.2 - 6


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   09/522544       6346335    Granted

Priority Application

   10-Mar-2000       12-Feb-2002    10-Mar-2020

Owner: GBC Metals, LLC

           

Title: Copper Foil Composite Including a Release Layer

        

United States of America

   09/304803       6251199    Granted

Priority Application

   04-May-1999       26-Jun-2001    04-May-2019

Owner: GBC Metals, LLC

           

Title: Copper Alloy Having Improved Resistance to Cracking Due to Localized Stress

  

United States of America

   09/400771       6194513    Granted

Priority Application

   22-Sep-1999       27-Feb-2001    22-Sep-2019

Owner: GBC Metals, LLC

           

Title: Tintable Water-Based Coating Composition

        

United States of America

   09/213545       6183886    Granted

Continuation In Part

   17-Dec-1998       06-Feb-2001    03-Apr-2018

Owner: GBC Metals, LLC

           

Title: Tin Coatings Incorporating Selected Elemental Additions to Reduce Discoloration

     

United States of America

   09/160029       6164370    Granted

Divisional Filing

   24-Sep-1998       26-Dec-2000    16-Jul-2013

Owner: GBC Metals, LLC

           

Title: Enhanced Heat Exchange Tube

           

United States of America

   09/103681       6132528    Granted

Continuation In Part

   23-Jun-1998       17-Oct-2000    18-Apr-2017

Owner: GBC Metals, LLC

           

Title: Iron Modified Tin Brass

           

 

Schedule 5.2 - 7


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   09/099297       6093265    Granted

Continuation In Part

   18-Jun-1998       25-Jul-2000    22-Jul-2017

Owner: GBC Metals, LLC

           

Title: Copper May Having Improved Stress Relaxation

        

United States of America

   08/877020       6083633    Granted

Continuation

   16-Jun-1997       04-Jul-2000   

18-Dec-2015

Owner: GBC Metals, LLC

           

Title: Multi-Layer Diffusion Barrier for a Tin Coated Electrical Connector

     

United States of America

   08/814163       6067712    Granted

Continuation

   10-Mar-1997       30-May-2000    15-Dec-2013

Owner: GBC Metals, LLC

           

Title: Heat Exchange Tube with Embossed Enhancement

        

United States of America

   08/898694       5980656    Granted

Priority Application

   22-Jul-1997       09-Nov-1999    22-Jul-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy with Magnesium Addition

        

United States of America

   08/769912       5916695    Granted

Continuation In Part

   09-Dec-1996       29-Jun-1999    18-Dec-2015

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

           

United States of America

   08/300001       5494209    Granted

Continuation In Part

   01-Sep-1994       27-Feb-1996    27-Feb-2013

Owner: GBC Metals, LLC

           

Title: Method for the Manufacture Of An Internally Enhanced Welded Tube

     

 

Schedule 5.2 - 8


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   08/591065       5882442    Granted

Utility Patent Filing

   09-Feb-1996       16-Mar-1999    09-Feb-2016

Owner: GBC Metals, LLC

           

Title: Iron Modified Phosphor-Bronze

           

United States of America

   08/898053       5868877    Granted

Priority Application

   22-Jul-1997       09-Feb-1999    22-Jul-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy Having Improved Stress Relaxation

        

United States of America

   08/382693       5489373    Granted

Priority Application

   02-Feb-1995       06-Feb-1996    02-Feb-2015

Owner: GBC Metals, LLC

           

Title: Aqueous Zinc Solution Resistant to Precipitation

        

United States of America

   08/233147       5486244    Granted

Continuation In Part

   25-Apr-1994       23-Jan-1996    23-Jan-2013

Owner: GBC Metals, LLC

           

Title: Process For Improving The Bend Formability Of Copper Alloys

     

United States of America

   08/844478       5853505    Granted

Priority Application

   18-Apr-1997       29-Dec-1998    18-Apr-2017

Owner: GBC Metals, LLC

           

Title: Iron Modified Tin Brass

           

United States of America

   08/879689       5800930    Granted

Continuation

   24-Jun-1997       01-Sep-1998    21-Jan-2014

Owner: GBC Metals, LLC

           

Title: Nodular Copper/Nickel Alloy Treatment for Copper Foil

     

 

Schedule 5.2 - 9


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   08/657211       5780172    Granted

Continuation In Part

   03-Jun-1996       14-Jul-1998    18-Dec-2015

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

           

United States of America

   08/449173       5730189    Granted

Continuation In Part

   24-May-1995       24-Mar-1998    24-Mar-2015

Owner: GBC Metals, LLC

           

Title: Internally And Externally Enhanced Welded Tube

        

United States of America

   08/744288       5688356    Granted

Priority Application

   06-Nov-1996       18-Nov-1997    06-Nov-2016

Owner: GBC Metals, LLC

           

Title: Water-Based Urethane Adhesive

           

United States of America

   08/529265       5681662    Granted

Priority Application

   15-Sep-1995       28-Oct-1997    15-Sep-2015

Owner: GBC Metals, LLC

           

Title: Copper Alloy Foils for Flexible Circuits

        

United States of America

   08/277928       5637160    Granted

Continuation In Part

   20-Jul-1994       10-Jun-1997    10-Jun-2014

Owner: GBC Metals, LLC

           

Title: Corrosion-Resistant Bismuth Brass

           

United States of America

   08/436894       5601665    Granted

Continuation In Part

   08-May-1995       11-Feb-1997    11-Feb-2014

Owner: GBC Metals, LLC

         `   

Title: Process for Improving the Bend Formability of Copper Alloys

     

 

Schedule 5.2 - 10


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   08/352663       5573845    Granted

Priority Application

   09-Dec-1994       12-Nov-1996    09-Dec-2014

Owner: GBC Metals, LLC

           

Title: Superficial Coating Layer Having Acicular Structures for Electrical Conductors

United States of America

   08/432566       5565045    Granted

Continuation In Part

   01-May-1995       15-Oct-1996    04-Nov-2012

Owner: GBC Metals, LLC

           

Title: Copper Base Alloys Having Improved Bend Formability

United States of America

   08/270064       5449951    Granted

Continuation In Part

   01-Jul-1994       12-Sep-1995    12-Sep-2012

Owner: GBC Metals, LLC

           

Title: Lead Frames with Improved Adhesion to a Polymer

United States of America

   08/126862       5540378    Granted

Priority Application

   27-Sep-1993       30-Jul-1996    27-Sep-2013

Owner: GBC Metals, LLC

           

Title: Method for the Assembly of an Electronic Package

United States of America

   07/971499       5306465    Granted

Priority Application

   04-Nov-1992       26-Apr-1994    04-Nov-2012

Owner: GBC Metals, LLC

           

Title: Copper Alloy Having High Strength and High Electrical Conductivity

           

United States of America

   08/931696       5893953    Granted

Priority Application

   16-Sep-1997       13-Apr-1999    16-Sep-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

 

Schedule 5.2 - 11


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   09/103866       6099663    Granted

Divisional Filing

   24-Jun-1998       08-Aug-2000    16-Sep-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

United States of America

   09/527144       6695934    Granted

Continuation

   16-Mar-2000       24-Feb-2004    16-Sep-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

United States of America

   09/808337    2001-0010243    6679956    Granted

Continuation In Part

   14-Mar-2001    02-Aug-2001    20-Jan-2004    16-Sep-2017

Owner: GBC Metals, LLC

           

Title: Process for Making Copper-Tin-Zinc Alloys

*United States of America

   09/923137    2002-0039542    6749699    Granted

Utility Patent Filing

   06-Aug-2001    04-Apr-2002    15-Jun-2004    06-Aug-2021

Owner: GBC Metals, LLC

           

Title: Silver Containing Copper Alloy

United States of America

   10/930316    2005-0025990    6905782    Granted

Continuation

   31-Aug-2004    03-Feb-2005    14-Jun-2005    08-Sep-2020

Owner: GBC Metals, LLC

           

Title: Tarnish Deterring Tin Coating

United States of America

   10/653582    2005-0048298    6852427    Granted

Priority Application

   02-Sep-2003    03-Mar-2005    08-Feb-2005    02-Sep-2023

Owner: GBC Metals, LLC

           

Title: Chromium-Free Antitarnish Adhesion Promoting Treatment Composition

           

 

Schedule 5.2 - 12


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   09/325036       6241831    Granted

Priority Application

   07-Jun-1999       05-Jun-2001    07-Jun-2019

Owner: GBC Metals, LLC

           

Title: Copper Alloy

           

United States of America

   09/800989    2001-0009168    6689232    Granted

Divisional Filing

   07-Mar-2001    26-Jul-2001    10-Feb-2004    07-Jun-2019

Owner: GBC Metals, LLC

           

Title: Copper Alloy

           

United States of America

   08/747014       5865910    Granted

Priority Application

   07-Nov-1996       02-Feb-1999    07-Nov-2016

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

United States of America

   08/780116       5820701    Granted

Continuation In Part

   26-Dec-1996       13-Oct-1998    07-Nov-2016

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

United States of America

   09/311038       6436206    Granted

Priority Application

   01-Apr-1999       20-Aug-2002    01-Apr-2019

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

United States of America

   09/123710       5916386    Granted

Divisional Filing

   28-Jul-1998       29-Jun-1999    26-Dec-2016

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

 

Schedule 5.2 - 13


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   09/132440       5985055    Granted

Continuation

   11-Aug-1998       16-Nov-1999    07-Nov-2016

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

*United States of America

   10/610433    2004-0079456    7182823    Granted

Utility Patent Filing

   30-Jun-2003    29-Apr-2004    27-Feb-2007    30-Jun-2023

Owner: GBC Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

           

United States of America

   10/727920    2004-0180225    7749611    Granted

Utility Patent Filing

   04-Dec-2003    16-Sep-2004    06-Jul-2010    13-May-2026

Owner: GBC Metals, LLC

           

Title: Peel Strength Enhancement of Copper Laminates

           

United States of America

   09/054899       6136460    Granted

Priority Application

   03-Apr-1998       24-Oct-2000    03-Apr-2018

Owner: GBC Metals, LLC

           

Title: Tin Coatings Incorporated Selected Elemental Additions to Reduce Discoloration

           

United States of America

   10/962917    2005-0106408    7391116    Granted

Utility Patent Filing

   12-Oct-2004    19-May-2005    24-Jun-2008    16-Jun-2025

Owner: GBC Metals, LLC

           

Title: Fretting and Whisker Resistant Coating System and Method

           

United States of America

   10/965347    2005-0089709    7132158    Granted

Utility Patent Filing

   14-Oct-2004    28-Apr-2005    07-Nov-2006    14-Oct-2024

Owner: GBC Metals, LLC

           

Title: Support Layer for Thin Copper Foil

           

 

Schedule 5.2 - 14


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United States of America

   08/074189       5381847    Granted

Utility Patent Filing

   10-Jun-1993       17-Jan-1995    10-Jun-2013

Owner: GBC Metals, LLC

           

Title: Vertical Casting Process

           

United States of America

   11/593949    2007-0141380    7731831    Granted

Continuation

   07-Nov-2006    21-Jun-2007    08-Jun-2010    16-Oct-2026

Owner: GBC Metals, LLC

           

Title: Method for Manufacturing a Composite Material Including Copper Foil and Support Layer

           

United States of America

   08/372272       5472796    Granted

Utility Patent Filing

   13-Jan-1995       05-Dec-1995    13-Jan-2015

Owner: GBC Metals, LLC

           

Title: Copper Alloy Clad for Coinage

           

United States of America

   12/145420    2009-0017327    7808109    Granted

Continuation

   24-Jun-2008    15-Jan-2009    05-Oct-2010    12-Oct-2024

Owner: GBC Metals, LLC

           

Title: Fretting And Whisker Resistant Coating System and Method

           

United States of America

   09/907224    2002-0002232    6797764    Granted

Continuation

   17-Jul-2001    3-Jan-2002    28-Sep-2004    3-Feb-2020

Owner: GBC Metals, LLC

           

Title: Water-Based Adhesive

           

 

Schedule 5.2 - 15


U.S. Patent Applications

 

Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status

*United States of America

   11/246966    2006-0076090       Pending

Utility Patent Filing

   7-Oct-2005    13-Apr-2006      

Owner: GBC Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

           

*United States of America

   11/588111    2007-0131315       Pending

Utility Patent Filing

   26-Oct-2006    14-Jun-2007      

Owner: GBC Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

           

*United States of America

   12/249530    2009-0098011       Pending

Utility Patent Filing

   10-Oct-2008    16-Apr-2009      

Owner: GBC Metals, LLC

           

Title: Copper Tin Nickel Phosphorus Alloys with Improved Strength and Formability and Method of Making Same

*United States of America

   12/336731    2009-0183803       Pending

Utility Patent Filing

   17-Dec-2008    23-Jul-2009      

Owner: GBC Metals, LLC

           

Title: Copper Nickel Silicon Alloys

           

*United States of America

   12/943196    2011-0165013       Pending

Utility Patent Filing

   10-Nov-2010    7-Jul-2011      

Owner: GBC Metals, LLC

           

Title: Antitarnish, Antimicrobial Copper Alloys and Surfaces Made From Such Alloys

 

Schedule 5.2 - 16


Foreign Patents

 

Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Thailand

   045029    33305    24281    Granted

Utility Patent Filing

   20-Jul-1998    17-Jun-1999    18-Aug-2008    20-Jul-2018

Owner: Olin Corporation

           

Title: Copper Alloy Having Magnesium Addition

           

Taiwan

   090115432    583321    199471    Granted

Utility Patent Filing

   13-Jul-2001    11-Apr-2004    04-Apr-2011    12-Jul-2021

Owner: Olin Corporation

           

Title: Copper Alloy Having Improved Stress Relaxation Resistance

           

China (People’s Republic)

   008084807    1353775    ZL008084807    Granted

Patent Cooperation Treaty

   28-Mar-2008    12-Jun-2002    03-Mar-2004    28-Mar-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy Having Improved Resistance To Cracking

           

Korea, Republic of

   1020017014043       709908    Granted

Patent Cooperation Treaty

   28-Mar-2000    24-Apr-2007    16-Apr-2007    28-Nov-2000

Owner: GBC Metals, LLC

           

Title: Copper Alloy With Improved Resistance To Cracking

           

Germany

   984019158    0908526    0908526    Granted

European Patent Convention

   27-Jul-1998    14-Apr-1999    22-Oct-2003    27-Jul-2018

Owner: Olin Corporation

           

Title: Copper Alloy And Process For Obtaining Same

           

Mexico

   993694       204358    Granted

Patent Cooperation Treaty

   24-Jun-1998       25-Sep-2001    24-Jun-2018

Owner: Waterbury Rolling Mills, Inc.

           

Title: Copper Alloy And Process For Obtaining Same

           

 

Schedule 5.2 - 17


Country Case Type

  

Application No.

Filing Date

  

Publication No.
Publication Date

  

Patent No.

Patent Date

  

Status

Expiration

Taiwan

   087111196    474998    150859    Granted

Utility Patent Filing

   10-Jul-1998    01-Feb-2002    01-Feb-2002    10-Jul-2018

Owner: GBC Metals, LLC

           

Title: Copper Alloy And Process For Obtaining Same

           

Japan

   2000120491    2000355721    3872932    Granted

Utility Patent Filing

   21-Apr-2000    26-Dec-2000    27-Oct-2006    21-Apr-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy With Improved Resistance To Cracking

           

Taiwan

   089105933    500814    161790    Granted

Utility Patent Filing

   30-Mar-2000    01-Sep-2002    01-Sep-2002    30-Mar-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy With Improved Resistance To Cracking

           

France

   001074053    1050594    1050594    Granted

European Patent Convention

   05-Apr-2000    08-Nov-2000    26-Mar-2003    05-Apr-2020

Owner: Olin Corporation

           

Title: Copper Alloy With Improved Resistance To Cracking

           

Germany

   001074053    1050594    600017621    Granted

European Patent Convention

   05-Apr-2000    08-Nov-2000    26-Mar-2003    05-Apr-2020

Owner: Olin Corporation

           

Title: Copper Alloy With Improved Resistance To Cracking

           

Hong Kong

   011005084    1029813    1029813    Granted

Registration of EP Patent

   05-Apr-2000    12-Apr-2001    26-Sep-2003    05-Apr-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy With Improved Resistance To Cracking

           

 

Schedule 5.2 - 18


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Italy

   001074053    1050594    1050594    Granted

European Patent Convention

   05-Apr-2000    08-Nov-2000    26-Mar-2003    05-Apr-2020

Owner: Olin Corporation

           

Title: Copper Alloy With Improved Resistance To Cracking

           

United Kingdom

   001074053    1050594    1050594    Granted

European Patent Convention

   05-Apr-2000    08-Nov-2000    26-Mar-2003    05-Apr-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy With Improved Resistance To Cracking

           

Taiwan

   090119333    I237665    I237665    Granted

Utility Patent Filing

   8-Aug-2001    11-Aug-2005    11-Aug-2005    07-Aug-2021

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

Hong Kong

   021044889    1042732    1042732    Granted

Utility Patent Filing

   17-Jun-2002    23-Apr-2004    23-Apr-2004    08-Aug-2021

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

Canada

   2416574    2416574    2416574    Granted

Patent Cooperation Treaty

   07-Aug-2001    14-Feb-2002    31-May-2011    07-Aug-2021

Owner: Global Metals, LLC

           

Title: Silver Containing Copper Alloy

           

China (People’s Republic)

   0818130291    1455823A    018130291    Granted

Patent Cooperation Treaty

   07-Aug-2001    12-Nov-2003    28-Feb-2007    07-Aug-2021

Owner: Global Metals, LLC

           

Title: Silver Containing Copper Alloy

           

 

Schedule 5.2 - 19


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Korea, Republic of

   1020037001373    100842726    842726    Granted

Patent Cooperation Treaty

   29-Jan-2003    01-Jul-2008    25-Jun-2008    07-Aug-2021

Owner: Global Metals, LLC

           

Title: Silver Containing Copper Alloy

           

Mexico

   PA02003000958       234235    Granted

Patent Cooperation Treaty

   07-Aug-2001       08-Feb-2006    07-Aug-2021

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

Poland

   P365670    PL365670    196643    Granted

Patent Cooperation Treaty

   07-Aug-2001    10-Jan-2005    24-May-2007    07-Aug-2021

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

Mexico

   993789       209957    Granted

Patent Cooperation Treaty

   05-Aug-1997       26-Aug-2002    05-Aug-2017

Owner: Waterbury Rolling Mills, Inc.

           

Title: Copper Alloy and Process for Obtaining Same

           

Poland

   P322198       185531    Granted

Utility Patent Filing

   19-Sep-1997       14-Jan-2003    19Sep-2017

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

Mexico

   012897       221284    Granted

Patent Cooperation Treaty

   05-Aug-1997       07-Jul-2004    05-Aug-2017

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

Japan

   2004297598       3290887    Granted

Divisional Filing

   26-Dec-1996       23-Feb-2007    26-Dec-2016

Owner: Waterbury Rolling Mills, Inc.

           

Title: Copper Alloy and Process for Obtaining Same

           

 

Schedule 5.2 - 20


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status

Expiration

*China (People’s Republic)

   038174324    CN1671877A    038174324    Granted

Patent Corporation Treaty

   01-Jul-2003    21-Sep-2005    27-Jun-2007    01-Jul-2023

Owner: GBC Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

           

*Taiwan

   092118410    I327601    I327601    Granted

Utility Patent Filing

   04-Jul02003    21-Jul-2010    21-Jul-2010    04-Jul-2023

Owner: Olin Corporation

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

           

*Mexico

   PAa2005000148       254683    Granted

Divisional Filing

   01-Jul-2003       14-Feb-2008    01-Jul-2023

Owner: Olin Corporation

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

           

Germany

   011058864    1133220    1133220    Granted

European Patent Convention

   09-Mar-2001    21-Apr-2004    11-May-2011    09-Mar-2021

Owner: GBC Metals, LLC

           

Title: Copper Foil With Low Profile Bond Enhancement (Thin Peelable Foil)

           

Luxembourg

   011058864    1133220    1133220    Granted

European Patent Convention

   09-Mar-2001    21-Apr-2004    11-May-2011    09-Mar-2021

Owner: GBC Metals, LLC

           

Title: Copper Foil With Low Profile Bond Enhancement (Thin Peelable Foil

           

Netherlands

   011058864    1133220    1133220    Granted

European Patent Convention

   09-Mar-2001    21-Apr-2004    11-May-2011    09-Mar-2021

Owner: GBC Metals, LLC

           

Title: Copper Foil With Low Profile Bond Enhancement (Thin Peelable Foil)

           

 

Schedule 5.2 - 21


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

United Kingdom

   011058864    1133220    1133220    Granted

European Patent Convention

   09-Mar-2001    21-Apr-2004    11-May-2011    09-Mar-2021

Owner: GBC Metals, LLC

           

Title: Copper Foil With Low Profile Bond Enhancement (Thin Peelable Foil)

           

Hong Kong

   021019559    CN1323695A    HK1040960    Granted

Utility Patent Filing

   14-Mar-2002    28-Jun-2002    07-Sep-2007    09-Mar-2021

Owner: GBC Metals, LLC

           

Title: A Composite Material

           

Taiwan

   091120438    545093    182617    Granted

Utility Patent Filing

   09-Sep-2002    01-Aug-2003    01-Aug-2003    09-Sep-2022

Owner: GBC Metals, LLC

           

Title: Copper Foil with Low Profile Bond Enhancement

           

Japan

   2003526674    2005502496    4383863    Granted

Patent Cooperation Treaty

   30-Aug-2002    27-Jan-2005    02-Oct-2009    30-Aug-2022

Owner: GBC Metals, LLC

           

Title: Copper Foil with Low Profile Bond Enhancement

           

Japan

   512688/93       3070862    Granted

Patent Cooperation Treaty

   08-Jan-1993       26-May-2000    08-Jan-2013

Owner: GBC Metals, LLC

           

Title: Lead Frame with Improved Adhesion

           

China (People’s Republic)

   8083622    1353772    ZL008083622    Granted

Patent Cooperation Treaty

   06-Apr-2000    12-Jun-2002    02-Nov-2005    06-Apr-2020

Owner: Olin Corporation

           

Title: Copper Alloy With A Golden Visual Appearance

           

 

Schedule 5.2 - 22


Country Case Type

  

Application No.

Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Belgium

   974021446    0841408    0841408    Granted

Utility Patent Filing

   16-Sep-1997    03-Mar-1999    28-Nov-2001    16-Sep-2017

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

Finland

   974021446    0841408    0841408    Granted

Utility Patent Filing

   16-Sep-1997    03-Mar-1999    28-Nov-2001    16-Sep-2017

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

France

   974021446    0841408    0841408    Granted

Utility Patent Filing

   16-Sep-1997    03-Mar-1999    28-Nov-2001    16-Sep-2017

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

Germany

   974021446    0841408    0841408    Granted

Utility Patent Filing

   16-Sep-1997    03-Mar-1999    28-Nov-2001    17-Sep-2017

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

Italy

   974021446    0841408    0841408    Granted

Utility Patent Filing

   16-Sep-1997    03-Mar-1999    28-Nov-2001    16-Sep-2017

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

United Kingdom

   974021446    0841408    0841408    Granted

Utility Patent Filing

   16-Sep-1997    03-Mar-1999    28-Nov-2001    16-Sep-2017

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

 

Schedule 5.2 - 23


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Malaysia

   PI20015780       MY138677    Granted

Utility Patent Filing

   20-Dec-2001       31-Jul-2009    20-Dec-2021

Owner: GBC Metals, LLC

           

Title: Bond Enhancement Antitarnish Coatings

           

Taiwan

   090131681    I238203    I238203    Granted

Utility Patent Filing

   20-Dec-2001    21-Aug-2005    21-Aug-2005    20-Dec-2021

Owner: Olin Corporation

           

Title: Bond Enhancement Antitarnish Coatings

           

China (People’s Republic)

   018207928    248975    ZL018207928    Granted

Utility Patent Filing

   20-Dec-2001    08-Feb-2006    08-Feb-2006    20-Dec-2021

Owner: Olin Corporation

           

Title: Bond Enhancement Antitarnish Coatings

           

Japan

   2002551103    2004516380    4067965    Granted

Patent Cooperation Treaty

   20-Dec-2001    03-Jun-2004    18-Jan-2008    20-Dec-2021

Owner: GBC Metals, LLC

           

Title: Bond Enhancement Antitarnish Coatings

           

Singapore

   2003033354       97502    Granted

Patent Cooperation Treaty

   20-Dec-2001       30-Sep-2004    20-Dec-2021

Owner: GBC Metals, LLC

           

Title: Bond Enhancement Antitarnish Coatings

           

China (People’s Republic)

   98801212X    1237212    ZL98801212X    Granted

Utility Patent Filing

   24-Jun-2998    01-Dec-1999    13-Mar-2002    24-Jun-2018

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

 

Schedule 5.2 - 24


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Korea, Republic of

   1019997002382       0349934    Granted

Patent Cooperation Treaty

   19-Mar-1999       10-Aug-2002    05-Aug-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

Taiwan

   086119752    507013    166690    Granted

Utility Patent Filing

   24-Dec-1997    21-Oct-2002    21-Oct-2002    24-Dec-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

Hong Kong

   00102312.7    1023372B    1023372    Granted

Utility Patent Filing

   18-Apr-2000    26-Sep-2003    26-Sep-2003    05-Aug-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

Japan

   9-300478       3626583    Granted

Utility Patent Filing

   31-Oct-1997       10-Dec-2004    31-Oct-2017

Owner: GBC Metals, LLC

           

Title: Copper Alloy and Process for Obtaining Same

           

China (Peoples Republic)

   998077259    1314956    ZL998077259    Granted

Patent Cooperation Treaty

   12-May-1999    26-Sep-2001    22-Jan-2003    12-May-2019

Owner: Olin Corporation

           

Title: Iron Modified Tin Brass

           

Japan

   2004536112       4590264    Granted

Patent Cooperation Treaty

   11-Mar-2005       17-Sep-2010    05-Sep-2023

Owner: GBC Metals, LLC

           

Title: Age-Hardening Copper-Base Alloy and Processing

           

 

Schedule 5.2 - 25


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

China (Peoples Republic)

   008027811    1353774    008027811    Granted

Patent Cooperation Treaty

   19-May-2000    12-Jun-2002    29-Dec-2004    19-May-2020

Owner: Olin Corporation

           

Title: Copper Alloy and Process for Obtaining Same

           

Poland

   P353734       193301    Granted

Patent Cooperation Treaty

   19-May-2000       14-Jun-2006    19-May-2000

Owner: Olin Corporation

           

Title: Copper Alloy

           

*Canada

   2490799    2490799    2490799    Granted

Patent Cooperation Treaty

   01-Jul-2003    15-Jan-2004    24-Jan-2012    01-July-2023

Owner: Global Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

           

Taiwan

   092134380    I337207    I337207    Granted

Utility Patent Filing

   05-Dec-2003    11-Feb-2011    11-Feb-2011    05-Dec-2023

Owner: Olin Corporation

           

Title: Peel Strength Enhancement of Copper Laminates

           

Japan

   2004559288    2006508837    4686194    Granted

Patent Cooperation Treaty

   16-Mar-2006    16-Mar-2006    18-Feb-2011    05-Dec-2023

Owner: GBC Metals, LLC

           

Title: Peel Strength Enhancement of Copper Laminates

           

Korea, Republic of

   20057010177       101096638    Granted

Patent Cooperation Treaty

   05-Dec-2003       14-Dec-2011    05-Dec-2023

Owner: GBC Metals, LLC

           

Title: Peel Strength Enhancement of Copper Laminates

           

 

Schedule 5.2 - 26


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status
Expiration

Singapore

   2005035969       112623    Granted

Patent Cooperation Treaty

   05-Dec-2003       17-Jul-2007    05-Dec-2023

Owner: GBC Metals, LLC

           

Title: Peel Strength Enhancement of Copper Laminates

           

China (People Republic)

   011164964    CN1323695A    011164964    Granted

Utility Patent Filing

   09-Mar-2001    28-Nov-2001    10-Jan-2007    09-Mar-2021

Owner: Olin Corporation

           

Title: Peelable Thin Foil

           

Malaysia

   PI20011101       MY120403A    Granted

Utility Patent Filing

   09-Mar-2001       31-Oct-2005    09-Mar-2021

Owner: GBC Metals, LLC

           

Title: Copper Foil With Low Profile Bond Enhancement

           

Taiwan

   090105554    591991    202620    Granted

Utility Patent Filing

   09-Mar-2001    11-Jun-2004    11-Jun-2004    09-Mar-2021

Owner: GBC Metals, LLC

           

Title: Copper Foil With Low Profile Bond Enhancement

           

Mexico

   933962       183625    Granted

Utility Patent Filing

   30-Jun-1993       19-Dec-1996    30-Jun-2013

Owner: Olin Corporation

           

Title: Machinable Copper Alloys Having Reduced Lead Content

           

Korea, Republic of

   1020000018771       390591    Granted

Utility Patent Filing

   06-Apr-2000       26-Dec-2003    06-Apr-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy with a Golden Visual Appearance

           

 

Schedule 5.2 - 27


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status
Expiration

Canada

   2240239    2240239    2240239    Granted

Utility Patent Filing

   10-Jun-1998    10-Dec-1999    01-Dec-2009    10-Jun-2018

Owner: Global Metals, LLC

           

Title: Tin Coated Electrical Connector

           

Malaysia

   PI95001491       MY114175A    Granted

Utility Patent Filing

   04-Oct-1990       30-Aug-2002    30-Aug-2017

Owner: GBC Metals, LLC

           

Title: Method And Composition For Depositing A Chromium Zinc Anti-Tarnish Coating On Copper Foil

           

Korea, Republic of

   94702467       286631    Granted

Patent Cooperation Filing

   08-Jan-1993       16-Jan-2001    08-Jan-2013

Owner: GBC Metals, LLC

           

Title: Lead Frames with Improved Adhesion

           

Canada

   2307493    2307493    2307493    Granted

Utility Patent Filing

   04-May-2000    05-May-2000    24-Feb-2009    04-May-2020

Owner: Global Metals, LLC

           

Title: Copper Alloy With A Golden Visual Appearance

           

Japan

   2000142556       3396658    Granted

Utility Patent Filing

   06-Apr-2000       07-Feb-2003    06-Apr-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy With A Golden Visual Appearance

           

Mexico

   003472       221386    Granted

Utility Patent Filing

   06-Apr-2000       09-Jul-2004    06-Apr-2020

Owner: Olin Corporation

           

Title: Copper Alloy With A Golden Visual Appearance

           

 

Schedule 5.2 - 28


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

France

   009217779    1185718    1185718    Granted

European Patent – PCT

   06-Apr-2000    13-Mar-2002    25-Jun-2003    06-Apr-2020

Originated

           

Owner: Olin Corporation

           

Title: Copper Alloy With A Golden Visual Appearance

           

Germany

   009217779    1185718    1185718    Granted

European Patent – PCT

   06-Apr-2000    13-Mar-2002    25-Jun-2003    06-Apr-2020

Originated

           

Owner: Olin Corporation

           

Title: Copper Alloy With A Golden Visual Appearance

           

Hong Kong

   021028059       HK1041297    Granted

PCT Extension

   06-Apr-2000       10-Oct-2003    06-Apr-2020

Owner: GBC Metals, LLC

           

Title: Copper Alloy With A Golden Visual Appearance

           

Italy

   009217779    1185718    1185718    Granted

European Patent – PCT

   06-Apr-2000    13-Mar-2002    25-Jun-2003    06-Apr-2020

Originated

           

Owner: Olin Corporation

           

Title: Copper Alloy With A Golden Visual Appearance

           

United Kingdom

   009217779    1185718    1185718    Granted

European Patent – PCT

   06-Apr-2000    13-Mar-2002    25-Jun-2003    06-Apr-2020

Originated

           

Owner: GBC Metals, LLC

           

Title: Copper Alloy With A Golden Visual Appearance

           

 

Schedule 5.2 - 29


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Japan

   199598889       3803981    Granted

Utility Patent Filing

   24-Apr-1995       19-May-2006    06-Apr-2015

Owner: Olin Corporation

           

Title: Process for Improving the Bend Formability of Copper Alloys

           

Malaysia

   PI9605297       MY112350A    Granted

Utility Patent Filing

   17-Dec-1996       31-May-2001    17-Dec-2016

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

           

Thailand

   034802       17898    Granted

Utility Patent Filing

   17-Dec-1996       07-Dec-2004    17-Dec-2016

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

           

Korea, Republic of

   19980704602       467896    Granted

Utility Patent Filing

   10-Dec-1996       14-Jan-2005    10-Dec-2016

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

           

Japan

   1997522901       3727069    Granted

Utility Patent Filing

   10-Dec-1996       07-Oct-2005    10-Dec-2016

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

           

Taiwan

   093131231    258826    258826    Granted

Utility Patent Filing

   14-Oct-2004    21-Jul-2006    21-Jul-2006    13-Oct-2024

Owner: Olin Corporation

           

Title: Fretting and Whisker Resistant Coating System and Method

           

 

Schedule 5.2 - 30


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Taiwan

   093132018    I263464    I263464    Granted

Utility Patent Filing

   21-Oct-2004    01-Oct-2006    01-Oct-2006    20-Oct-2024

Owner: Olin Corporation

           

Title: Support Layer for Thin Copper Foil

           

China (People’s Republic)

   038244713    1688732    ZL038244713    Granted

Patent Cooperation Treaty

   05-Sep-2003    26-Oct-2005    15-Jan-2010    05-Sep-2023

Owner: GBC Metals, LLC

           

Title: Age-Hardening Copper-Base Alloy And Processing

           

Japan

   2005143106       4427487    Granted

Divisional Filing

   10-Dec-1996    10-Mar-2010    18-Dec-2009    10-Dec-2016

Owner: GBC Metals, LLC

           

Title: Tin Coated Electric Connector

           

Japan

   1997512007       3544672    Granted

Patent Cooperation Treaty

   05-Sep-1996       16-Apr-2004    05-Sep-2016

Owner: GBC Metals, LLC

           

Title: Copper Alloy Foils for Flexible Circuits

           

Korea, Republic of

   98701917       441185    Granted

Patent Cooperation Treaty

   05-Sep-1996       12-Jul-2004    05-Sep-2016

Owner: GBC Metals, LLC

           

Title: Copper Alloy Foils for Flexible Circuits

           

Singapore

   98022247       51791    Granted

Patent Cooperation Treaty

   05-Sep-1996       25-Jan-2000    05-Sep-2016

Owner: GBC Metals, LLC

           

Title: Copper Alloy Foils for Flexible Circuits

           

 

Schedule 5.2 - 31


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status

Expiration

United Kingdom

   95010757    2285813    2285813    Granted

Utility Patent Filing

   19-Jan-1995    26-Jul-1995    11-Nov-1997    20-Jan-2015

Owner: GBC Metals, LLC

           

Title: Nodular Copper/Nickel Alloy Treatment for Copper Foil

           

Japan

   19957503       3459964    Granted

Utility Patent Filing

   20-Jan-1995       15-Aug-2003    20-Jan-2015

Owner: GBC Metals, LLC

           

Title: Nodular Copper/Nickel Alloy Treatment for Copper Foil

           

Korea, Republic of

   1019950000902       407732    Granted

Utility Patent Filing

   20-Jan-1995       19-Nov-2003    20-Jan-2015

Owner: GBC Metals, LLC

           
Title: Nodular Copper/Nickel Alloy Treatment for Copper Foil            

Malaysia

   PI9500075       MY111671A    Granted

Utility Patent Filing

   12-Jan-1995       31-Oct-2000    31-Oct-2015

Owner: GBC Metals, LLC

           

Title: Nodular Copper/Nickel Alloy Treatment for Copper Foil

           

Taiwan

   083111508    317575    089838    Granted

Utility Patent Filing

   10-Dec-1994    11-Oct-1997    11-Oct-1997    09-Dec-2014

Owner: GBC Metals, LLC

           

Title: Nodular Copper/Nickel Alloy Treatment for Copper Foil

           

Hong Kong

   981051429       1006065    Granted

Utility Patent Filing

   10-Jun-1998       19-Jan-1999    19-Jan-2015

Owner: GBC Metals, LLC

           

Title: Nodular Copper/Nickel Alloy Treatment for Copper Foil

           

 

Schedule 5.2 - 32


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status

Expiration

Ching (People’s Republic)

   2009101732701    CN101695215    ZL2009101732701    Granted

Divisional Filing

   22-Sep-2009    14-Apr-2010    07-Mar-2012    30-Aug-2022

Owner: GBC Metals, LLC

           

Title: Copper Foil with Low Profile Bond Enhancement

           

Singapore

   20040080207       102899    Granted

Patent Cooperation Treaty

   30-Aug-2002       15-Jun-2006    30-Aug-2022

Owner: GBC Metals, LLC

           

Title: Copper Foil with Low Profile Bond Enhancement

           

Germany

   939035317    0621981    0621981    Granted

European Patent – PCT

   08-Jan-1993    02-Nov-1994    05-Sep-2001    08-Jan-2013

Originated

           

Owner: Olin Corporation

           

Title: Lead Frames With Improved Adhesion

           

Singapore

   2006013247    119962    119962    Granted

Patent Cooperation Treaty

   03-Jan-2006    28-Mar-2006    30-May-2008    31-Aug-2024

Owner: GBC Metals, LLC

           

Title: Chromium – Free Antitarnish Adhesion Promoting Treatment Composition

           

China (People’s Republic)

   ZL931143616    1101081    931143616    Granted

Utility Patent Filing

   04-Nov-1993    05-Apr-1995    07-Oct-1998    04-Nov-2013

Owner: Olin Corporation

           

Title: Copper Alloy Having High Strength And Conductivity

           

 

Schedule 5.2 - 33


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status

Expiration

*Finland

   011191608    1179606    1179606    Granted

European Patent – PCT

   08-Aug-2001    13-Feb-2002    22-Oct-2003    08-Aug-2021

Originated Filing

           

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

*France

   011191608    1179606    1179606    Granted

European Patent – PCT

   08-Aug-2001    13-Feb-2002    22-Oct-2003    08-Aug-2021

Originated Filing

           

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

*Germany

   011191608    1179606    601010264    Granted

European Patent – PCT

   08-Aug-2001    14-Aug-2002    22-Oct-2003    08-Aug-2021

Originated

           

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

*Italy

   011191608    1179606    1179606    Granted

European Patent – PCT

   08-Aug-2001    13-Feb-2002    22-Oct-2003    08-Aug-2021

Originated

           

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

*Spain

   011191608    1179606    1179606    Granted

European Patent – PCT

   08-Aug-2001    13-Feb-2002    22-Oct-2003    08-Aug-2021

Originated

           

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

 

Schedule 5.2 - 34


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

*United Kingdom

   011191608    1179606    1179606    Granted

European Patent – PCT

   08-Aug-2001    13-Feb-2002    22-Oct-2003    08-Aug-2021

Originated

           

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

           

France

   969443225    0869867    0869867    Granted

European Patent – PCT

   10-Dec-1996    14-Oct-1998    03-Jul-2002    10-Dec-2016

Originated

           

Owner: Olin Corporation

           

Title: Tin Coated Electrical Connector

           

Germany

   969443225    0869867    0869867    Granted

European Patent – PCT

   10-Dec-1996    14-Oct-1998    03-Jul-2002    10-Dec-2016

Originated

           

Owner: Olin Corporation

           

Title: Tin Coated Electrical Connector

           

Italy

   969443225    0869867    0869867    Granted

European Patent – PCT

   10-Dec-1996    14-Oct-1998    03-Jul-2002    10-Dec-2016

Originated

           

Owner: Olin Corporation

           

Title: Tin Coated Electrical Connector

           

Japan

   2006535451    2007520053    4708357    Granted

Patent Cooperation Treaty

   14-Apr-2006    19-Jul-2007    25-Mar-2011    13-Oct-2024

Owner: GBC Metals, LLC

           

Title: Fretting and Whisker Resistant Coating System and Method

           

 

Schedule 5.2 - 35


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.

Patent Date

  

Status
Expiration

China (People’s Republic)

   2004800336106    CN101142674    ZL2004800336106    Granted

Patent Cooperation Treaty

   15-May-2006    12-Mar-2008    17-Mar-2010    13-Oct-2024

Owner: GBC Metals, LLC

           

Title: Fretting and Whisker Resistant Coating System and Method

           

China (People’s Republic)

   2004800313903    CN1871376A    ZL2004800313903    Granted

Patent Cooperation Treaty

   24-Apr-2006    29-Nov-2006    29-Sep-10    15-Oct-2024

Owner: GBC Metals, LLC

           

Title: Support Layer For Thin Copper Foil

           

Hong Kong

   071027974    1097578A    HK1097578    Granted

Utility Patent Filing

   15-Mar-2007    29-Jun-2007    25-Mar-2011    15-Mar-2007

Owner: GBC Metals, LLC

           

Title: Support Layer For Thin Copper Foil

           

Japan

   2006536681    2007512973    4590410    Granted

Patent Cooperation Treaty

   24-Apr-2006    24-May-2007    17-Sep-2010    15-Oct-2024

Owner: GBC Metals, LLC

           

Title: Support Layer For Thin Copper Foil

           

Japan

   51145       3273613    Granted

Patent Cooperation Treaty

   21-Oct-1993       01-Feb-2002    21-Oct-2013

Owner: GBC Metals, LLC

           

Title: Copper Alloy Having High Strength And Conductivity And Method Of Manufacturing Thereof

           

Mexico

   963069       208389    Granted

Utility Patent Filing

   03-Nov-1993       14-Jun-2002    03-Nov-2013

Owner: Olin Corporation

           

Title: Copper Alloy Having High Strength And Conductivity

           

 

Schedule 5.2 - 36


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status

Expiration

Korea, Republic of

   1019950009696       360131    Granted

Utility Patent Filing

   25-Apr-1994       25-Oct-2002    25-Apr-2014

Owner: GBC Metals, LLC

           

Title: Process For Improving The Bend Formability Of Copper Alloys

           

Mexico

   971567       198608    Granted

Patent Cooperation Treaty

   15-Aug-1995       14-Sep-2000    15-Aug-2015

Owner: Olin Corporation

           

Title: Apparatus And Method For The Manufacture Of Internally Enhanced Welded Tubing

           

Mexico

   951893       186427    Granted

Utility Patent Filing

   24-Apr-1995       14-Oct-1997    24-Apr-2015

Owner: Olin Corporation

           

Title: Process For Improving The Bend Formability Of Copper Alloys

           

France

   939243762    0666931    0666931    Granted

European Patent – PCT

   21-Oct-1993    16-Aug-1995    29-Dec-1999    21-Oct-2013

Originated

           

Owner: Olin Corporation

           

Title: Copper Alloy Having High Strength And Conductivity And Method Of Manufacturing Thereof

           

Germany

   939243762    0666931    0666931    Granted

European Patent – PCT

   21-Oct-1993    16-Aug-1995    29-Dec-1999    21-Oct-2013

Originated

           

Owner: Olin Corporation

           

Title: Copper Alloy Having High Strength And Conductivity And Method Of Manufacturing Thereof

           

 

Schedule 5.2 - 37


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status

Expiration

Italy

   939243762    0666931    0666931    Granted

European Patent – PCT

   21-Oct-1993    16-Aug-1995    29-Dec-1999    21-Oct-2013

Originated

           

Owner: Olin Corporation

           

Title: Copper Alloys Having High Strength And Conductivity And Method Of Manufacturing Thereof

           

Mexico

   936833       182908    Granted

Utility Patent Filing

   03-Nov-1993       09-Oct-1996    03-Nov-2013

Owner: Olin Corporation

           

Title: Copper Alloy Having High Strength And Conductivity

           

Taiwan

   082109393    273576    077301    Granted

Utility Patent Filing

   09-Nov-1993    01-Apr-1996    01-Apr-1996    09-Nov-2013

Owner: GBC Metals, LLC

           

Title: Copper Alloy Having High Strength And Conductivity

           

Singapore

   2006054621       124771    Granted

Patent Cooperation Treaty

   11-Aug-2006       31-Jul-2008    19-May-2024

Owner: GBC Metals, LLC

           

Title: Laser Ablation Resistant Copper Foil

           

Taiwan

   085115542    315530    089287    Granted

Utility Patent Filing

   17-Dec-1996    11-Sep-1997    11-Sep-1997    16-Dec-2016

Owner: Olin Corporation

           

Title: The Coated Electrical Connector

           

 

Schedule 5.2 - 38


Country Case Type

  

Application No.

Filing Date

  

Publication No.

Publication Date

  

Patent No.

Patent Date

  

Status

Expiration

*Mexico

   MXa2008000735       284989    Granted

Divisional Filing

   01-Jul-2003       24-Mar-2011    01-Jul-2023

Owner: Global Brass and Copper, Inc.

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

           

Hong Kong

   081101972    118950A    HK1118950    Granted

Registration of China Patent

   12-Sep-2008    20-Feb-2009    27-Aug-2010    13-Oct-2024

Owner: Global Brass and Copper, Inc.

           

Title: Fretting And Whisker Resistant Coating System And Method

           

Foreign Patent Applications

 

Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status

*Japan

   2007268003    2008057046       Published

Utility Patent Filing

   8-Aug-01    13-Mar-08      

Owner: GBC Metals, LLC

           

Title: Silver Containing Copper Alloy

*Thailand

   067540    56297       Published

Utility Patent Filing

   8-Aug-01    5-Apr-03      

Owner: Olin Corporation

           

Title: Silver Containing Copper Alloy

*China (People’s Republic)

   2007100890982    CN101041868A       Published

Utility Patent Filing

   1-Jul-03    26-Sep-07      

Owner: GBC Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

 

Schedule 5.2 - 39


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

*European Patent Convention

   037630720    1520054       Published

Utility Patent Filing

   1-Jul-03    6-Apr-05      

Owner: Olin Corporation

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

*Thailand

   083567    65874       Published

Utility Patent Filing

   4-Jul-03    27-Dec-04      

Owner: Olin Corporation

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

*Japan

   2004519717    2005532477       Published

Utility Patent Filing

   1-Jul-03    27-Oct-05      

Owner: GBC Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

*European Patent Convention

   027595024    56297       Published

Utility Patent Filing

   30-Aug-02    5-Apr-03      

Owner: GBC Metals, LLC

           

Title: Copper Foil with Low Profile Bond Enhancement

Hong Kong

   051001333    1067589A       Published

Utility Patent Filing

   30-Aug-02    15-Apr-05      

Owner: GBC Metals, LLC

           

Title: Copper Foil with Low Profile Bond Enhancement

European Patent Convention

   019915925    EP1355745       Published

Utility Patent Filing

   20-Dec-01    27-Jun-02      

Owner: GBC Metals, LLC

           

Title: Bond Enhancement Antitarnish Coatings

Hong Kong

   031094574    1057019A       Published

Utility Patent Filing

   30-Dec-03    12-Mar-04      

Owner: GBC Metals, LLC

           

Title: Bond Enhancement Antitarnish Coatings

 

Schedule 5.2 - 40


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Malaysia

   PI20043563          Pending

Utility Patent Filing

   1-Sep-04         

Owner: GBC Metals, LLC

           

Title: Chromium-Free Antitarnish Adhesion Promoting Treatment Composition

Taiwan

   093126569          Pending

Utility Patent Filing

   2-Sep-04         

Owner: Olin Corporation

           

Title: Chromium-Free Antitarnish Adhesion Promoting Treatment Composition

Hong Kong

   51086983    1074649A       Published

Utility Patent Filing

   30-Sep-05    18-Nov-05      

Owner: GBC Metals, LLC

           

Title: Age Hardening Copper Base Alloy and Processing

Malaysia

   PI20033488          Pending

Utility Patent Filing

   12-Sep-03         

Owner: GBC Metals, LLC

           

Title: Age-Hardening Copper-Base Alloy and Processing

*Canada

   2497819    2497819       Published

Utility Patent Filing

   5-Sep-03    25-Mar-04      

Owner: Global Metals, LLC

           

Title: Age-Hardening Copper-Base Alloy and Processing

*European Patent Convention

   37544525    1537249       Published

Utility Patent Filing

   5-Sep-03    25-Mar-04      

Owner: GBC Metals, LLC

           

Title: Age-Hardening Copper-Base Alloy and Processing

*Hong Kong

   051086974    1074648       Published

Utility Patent Filing

   30-Sep-05    18-Nov-05      

Owner: GBC Metals, LLC

           

Title: Age-Hardening Copper-Based Alloy and Processing

 

Schedule 5.2 - 41


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

*Thailand

   85198    65297       Published

Utility Patent Filing

   12-Sep-03    3-Dec-04      

Owner: Olin Corporation

           

Title: Age-Hardening Copper-Base Alloy and Processing

European Patent Convention

   037966496    1579031       Published

Utility Patent Filing

   5-Dec-03    28-Sep-05      

Owner: Olin Corporation

           

Title: Peel Strength Enhancement of Copper Laminates

European Patent Convention

   011294444    1203654       Published

Utility Patent Filing

   10-Dec-96    8-May-02      

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

Hong Kong

   021046618    1042869A       Published

Utility Patent Filing

   22-Jun-02    30-Aug-02      

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

Malaysia

   PI20044243          Pending

Utility Patent Filing

   14-Oct-04         

Owner: GBC Metals, LLC

           

Title: Fretting and Whisker Resistant Coating System and Method

Thailand

   094537    87269       Published

Utility Patent Filing

   14-Oct-04    31-Oct-07      

Owner: Olin Corporation

           

Title: Fretting and Whisker Resistant Coating System and Method

 

Schedule 5.2 - 42


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Germany

   196815665          Pending

Utility Patent Filing

   5-Sep-96         

Owner: Olin Corporation

           

Title: Copper Alloy Foils for Flexible Circuits

China (People’s Republic)

   2004800289938    CN1953868A       Published

Utility Patent Filing

   31-Aug-04    25-Apr-07      

Owner: Olin Corporation

           

Title: Chromium-Free Antitarnish Adhesion Promoting Treatment Composition

European Patent Convention

   047826250    EP1709215       Published

Utility Patent Filing

   31-Mar-06    10-Mar-05      

Owner: GBC Metals, LLC

           

Title: Chromium-Free Antitarnish Adhesion Promoting Treatment Composition

Korea, Republic of

   1020067004381          Pending

Utility Patent Filing

   2-Mar-06         

Owner: GBC Metals, LLC

           

Title: Chromium-Free Antitarnish Adhesion Promoting Treatment Composition

Korea, Republic of

   1020067009215          Pending

Utility Patent Filing

   11-May-06         

Owner: GBC Metals, LLC

           

Title: Fretting And Whisker Resistant Coating System And Method

Canada

   2543594          Pending

Utility Patent Filing

   27-Jul-06         

Owner: GBC Metals, LLC

           

Title: Support Layer For Thin Copper Foil

India

   1793CHENP2006          Published

Utility Patent Filing

   22-May-06    6-Jul-07      

Owner: Olin Corporation

           

Title: Support Layer For Thin Copper Foil

 

Schedule 5.2 - 43


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Thailand

   0701003845    95395       Published

Utility Patent Filing

   20-Jul-98    30-Apr-09      

Owner: Olin Corporation

           

Title: Copper Alloy Having Magnesium Addition

Hong Kong

   071115183    1107056A       Published

Utility Patent Filing

   31-Aug-04    28-Mar-08      

Owner: GBC Metals, LLC

           

Title: Chromium-Free Antitarnish Adhesion Promoting Treatment Composition

*Hong Kong

   081022825    1111442A       Published

Utility Patent Filing

   29-Feb-08    8-Aug-08      

Owner: Olin Corporation

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

Thailand

   0801005213    110909       Published

Utility Patent Filing

   10-Oct-08    21-Nov-11      

Owner: GBC Metals, LLC

           

Title: Copper Tin Nickel Phosphorus Alloys With Improved Strength And Formability And Method Of Making Same

Taiwan

   097139291          Pending

Utility Patent Filing

   13-Oct-08         

Owner: GBC Metals, LLC

           

Title: Copper Tin Nickel Phosphorus Alloys With Improved Strength And Formability And Method Of Making Same

* Thailand

   0801006580    112093       Published

Utility Patent Filing

   19-Dec-08    15-Feb-12      

Owner: GBC Metals, LLC

           

Title: Copper-Nickel-Silicon Alloys

Japan

   2008329137    2009076473       Published

Utility Patent Filing

   25-Dec-08    9-Apr-09      

Owner: GBC Metals, LLC

           

Title: Tin Coated Electrical Connector

 

Schedule 5.2 - 44


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

* Taiwan

   097149976          Pending

Utility Patent Filing

   19-Dec-08         

Owner: GBC Metals, LLC

           

Title: Copper-Nickel-Silicon Alloys

           

* Korea, Republic of

   1020087030326          Pending

Utility Patent Filing

   1-Jul-03         

Owner: GBC Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel & Silicon

* China (People’s Republic)

   2009102637348    CN101792872A       Published

Utility Patent Filing

   30-Dec-09    4-Aug-10      

Owner: GBC Metals, LLC

           

Title: Copper Alloy Containing Cobalt, Nickel & Silicon

Japan

   2010021788    2010111951       Published

Utility Patent Filing

   3-Feb-10    20-May-10      

Owner: Olin Corporation

           

Title: Chromium - Free Antitarnish Adhesion Promoting Treatment Composition

Mexico

   MXA2010003995          Published

Utility Patent Filing

   12-Apr-10    27-Oct-10      

Owner: Global Brass and Copper, Inc.

           

Title: Copper Tin Nickel Phosphorus Alloys With Improved Strength and Formability and Method of Making Same

European Patent Convention

   088376157    2215278       Published

Utility Patent Filing

   10-May-10    11-Aug-10      

Owner: GBC Metals, LLC

           

Title: Copper Tin Nickel Phosphorus Alloys With Improved Strength and Formability and Method of Making Same

 

Schedule 5.2 - 45


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Japan

   2010529100    2011500963       Published

Utility Patent Filing

   12-Apr-10    6-Jan-11      

Owner: Global Brass and Copper, Inc.

           

Title: Copper Tin Nickel Phosphorus Alloys With Improved Strength and Formability and Method of Making Same

Canada

   2702358          Pending

Utility Patent Filing

   12-Apr-10         

Owner: GBC Metals, LLC

           

Title: Copper Tin Nickel Phosphorus Alloys With Improved Strength and Formability and Method of Making Same

China (People’s Republic)

   2008801137790    CN101874122A       Published

Utility Patent Filing

   28-Apr-10    27-Oct-10      

Owner: Global Brass and Copper, Inc.

           

Title: Copper Tin Nickel Phosphorus Alloys With Improved Strength and Formability and Method of Making Same

* Japan

   2010539878          Pending

Utility Patent Filing

   21-Jun-10         

Owner: Global Brass and Copper, Inc.

           

Title: Copper-Nickel-Silicon Alloys

* China (People’s Republic)

   2008801252801    CN101939452       Published

Utility Patent Filing

   21-Jul-10    5-Jan-11      

Owner: GBC Metals, LLC

           

Title: Copper-Nickel-Silicon Alloys

* India

   3830CHENP2010          Pending

Utility Patent Filing

   21-Jun-10         

Owner: Global Brass and Copper, Inc.

           

Title Copper-Nickel-Silicon Alloys

* Korea, Republic of

   1020107016153          Pending

Utility Patent Filing

   20-Jul-10         

Owner: Global Brass and Copper, Inc.

           

Title: Copper-Nickel-Silicon Alloys

 

Schedule 5.2 - 46


Country Case Type

  

Application No.
Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

* Mexico

   MXA2010006990          Pending

Utility Patent Filing

   21-Jun-10         

Owner: GBC Metals, LLC

           

Title: Copper-Nickel-Silicon Alloys

* Canada

   2710311          Pending

Utility Patent Filing

   21-Jun-10         

Owner: GBC Metals, LLC

           

Title: Copper-Nickel-Silicon Alloys

* Malaysia

   PI2010002957          Pending

Utility Patent Filing

   21-Jun-10         

Owner: Global Brass and Copper, Inc.

           

Title: Copper-Nickel-Silicon Alloys

Japan

   2010143456    2010232681       Published

Utility Patent Filing

   24-Jun-10    14-Oct-10      

Owner: Olin Corporation

           

Title: Fretting and Whisker Resistant Coating System and Method

Japan

   2010159471    2010272882       Published

Utility Patent Filing

   14-Jul-10    2-Dec-10      

Owner: Olin Corporation

           

Title: Support Layer For Thin Copper Foil

* Japan

   2010180707    2010275640       Published

Utility Patent Filing

   12-Aug-10    9-Dec-10      

Owner: Olin Corporation

           

Title: Age-Hardening Copper-Base Alloy and Processing

 

Schedule 5.2 - 47


Country Case Type

  

Application No.

Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

China (People’s Republic)

   2010105103608    CN102092162       Published

Utility Patent Filing

   30-Sep-10    15-Jun-11      

Owner: Global Brass and Copper, Inc.

           

Title: Support Layer for Thin Copper Foil

Hong Kong

   101097563    1143273A       Published

Utility Patent Filing

   14-Oct-10    24-Dec-10      

Owner: GBC Metals, LLC

           

Title: Copper Foil with Low Profile Bond Enhancement

Patent Cooperation Treaty

   PCT/US2010/056179    WO2011/060034       Published

Utility Patent Filing

   10-Nov-10    19-May-11      

Owner: Global Brass and Copper, Inc.

           

Title: Antitarnish, Antimicrobial Copper Alloys and Surfaces Made From Such Alloys

Korea, Republic of

   1020117009511          Pending

Utility Patent Filing

   26-Apr-11         

Owner: GBC Metals, LLC

           

Title: Peel Strength Enhancement of Copper Laminates

* Japan

   2011106531          Pending

Utility Patent Filing

   11-May-11         

Owner: Olin Corporation

           

Title: Copper Alloy Containing Cobalt, Nickel and Silicon

Hong Kong

   061034495    HK1080910       Published

Utility Patent Filing

   17-Mar-06    4-May-06      

Owner: Olin Corporation

           

Title: Peel Strength Enhancement of Copper Laminates

Japan

   2011198477          Pending

Utility Patent Filing

   12-Sep-11         

Owner: Global Brass and Copper, Inc.

           

Title: Peel Strength Enhancement of Copper Laminates

 

Schedule 5.2 - 48


Country Case Type

  

Application No.

Filing Date

  

Publication No.
Publication Date

  

Patent No.
Patent Date

  

Status
Expiration

Korea, Republic of

   1020127000451          Pending

Utility Patent Filing

   6-Jan-12         

Owner: Global Brass and Copper, Inc.

           

Title: Peel Strength Enhancement of Copper Laminates

 

* Co-owned with Wieland Werke AG

 

  (C) Trademarks

U.S. Trademarks

 

Country Classes

  

Application No.
Filing Date

  

Registration No.
Registration Date

  

Status
Next Renewal

United States of America

   77/022428    3278690    Registered

06 Int.

   17-Oct-2006    14-Aug-2007    14-Aug-2017

Mark: BLUE DOT

        

Owner: GBC Metals, LLC

        

United States of America

   73/643729    1592731    Registered

06 Int.

   09-Feb-1987    24-Apr-1990    24-Apr-2020

Mark: COPPERBOND

        

Owner: GBC Metals, LLC

        

United States of America

   77/790483    3797470    Registered

06 Int.

   27-Jul-2009    01-Jun-2010    01-Jun-2020

Mark: CUVERRO

        

Owner: GBC Metals, LLC

        

United States of America

   77/845818    3839233    Registered

06 Int.

   09-Oct-2009    24-Aug-2010    24-Aug-2020

Mark: CUVERRO & Design

        

Owner: GBC Metals, LLC

        

 

Schedule 5.2 - 49


Country Classes

  

Application No.
Filing Date

  

Registration No.
Registration Date

  

Status
Next Renewal

United States of America

   72/350604    0899524    Registered

13 Int.

   05-Feb-1970    29-Sep-1970    29-Sep-2020

Mark: FINEWELD

        

Owner: GBC Metals, LLC

        

United States of America

   77/022452    3966538    Registered

06 Int.

   17-Oct-2006    24-May-2011    24-May-2021

Mark: GREEN DOT

        

Owner: GBC Metals, LLC

        

United States of America

   72/349885    0904150    Registered

13 Int.

   28-Jan-1970    15-Dec-1970    15-Dec-2020

Mark: MISCELLANEOUS DESIGN

        

Owner: GBC Metals, LLC

        

United States of America

   77/022442    3482927    Registered

06 Int.

   17-Oct-2006    12-Aug-2008    12-Aug-2018

Mark: MISCELLANEOUS DESIGN (BLUE DOT)

        

Owner: GBC Metals, LLC

        

United States of America

   77/022467    3919976    Registered

06 Int.

   17-Oct-2006    15-Feb-2011    15-Feb-2021

Mark: MISCELLANEOUS DESIGN (GREEN DOT)

        

Owner: GBC Metals, LLC

        

United States of America

   72/235219    0822255    Registered

14 Int.

   23-Dec-1965    17-Jan-1967    17-Jan-2017

Mark: POSIT-BOND

        

Owner: GBC Metals, LLC

        

 

Schedule 5.2 - 50


Country Classes

  

Application No.

Filing Date

  

Registration No.
Registration Date

  

Status
Next Renewal

United States of America

   74/328284    1790123    Registered

06 Int.

   04-Nov-1992    31-Aug-1993    31-Aug-2013

Mark: S and Design

        

Owner: GBC Metals, LLC

        

United States of America

   72/385234    094033    Registered

14 Int.

   02-Mar-1971    15-Aug-1972    15-Aug-2012

Mark: SOMERS THIN STRIP

        

Owner: GBC Metals, LLC

        

 

Schedule 5.2 - 51


Foreign Trademarks

 

Country Class(es)

  

Application No.
Filing Date

  

Registration No.
Registration Date

  

Status
Next Renewal

Benelux

   59436    435321    Registered

06 Int.

   29-Jul-1987    07-Jul-1988    29-Jul-2017

Mark: COPPERBOND

        

Owner: GBC Metals, LLC

        

Canada

   588502    393739    Registered

Wares Natl

   22-Jul-1987    07-Feb-1992    07-Feb-2022

Mark: COPPERBOND

        

Owner: GBC Metals, LLC

        

France

   868929    1460741    Registered

06 Int.

   27-Jul-1987    27-Jul-1987    27-Jul-2017

Mark: COPPERBOND

        

Owner: Olin Corporation

        

Germany

   013007    1186443    Registered

06 Int.

   07-Aug-1987    08-Dec-1992    07-Aug-2017

Mark: COPPERBOND

        

Owner: Olin Corporation

        

Hong Kong

   365487    1991B1465    Registered

06 Int.

   09-Feb-1987    09-Feb-1994    08-Feb-2018

Mark: COPPERBOND

        

Owner: Global Metals, LLC

        

Italy

   004431    987044    Registered

06 Int.

   12-Dec-1991    30-Dec-1993    12-Dec-2021

Mark: COPPERBOND

        

Owner: GBC Metals, LLC

        

 

Schedule 5.2 - 52


Country Class(es)

  

Application No.
Filing Date

  

Registration No.
Registration Date

  

Status
Next Renewal

Italy

   RM2007C003362    1270586    Registered

06 Int.

   05-Aug-1987    01-Jun-1999    05-Aug-2017

Mark: COPPERBOND

        

Owner: GBC Metals, LLC

        

Japan

   8540687    2305251    Registered

06 Int.

   28-Jul-1987    30-Apr-1991    30-Apr-2021

Mark: COPPERBOND

        

Owner: GBC Metals, LLC

        

Korea, Republic of

   14917    400162936    Registered

06 Int.

   31-Jul-1987    22-Nov-1988    22-Nov-2018

Mark: COPPERBOND

        

Owner: GBC Metals, LLC

        

Singapore

   355987    T8703559J    Registered

06 Int.

   09-Feb-1987    22-Mar-1991    09-Feb-2014

Mark: COPPERBOND

        

Owner: GBC Metals, LLC

        

Korea, Republic of

   20122    400163001    Registered

06 Int.

   22-Oct-1987    22-Nov-1988    22-Nov-2018

Mark: COPPERBOND (IN KOREAN CHARACTERS)

        

Owner: GBC Metals, LLC

        

Canada

   314767    TMA162968    Registered

06 Int.

   16-Jul-1968    23-May-1969    23-May-2014

Mark: POSIT-BOND

        

Owner: GBC Metals, LLC

        

 

Schedule 5.2 - 53


Country Class(es)

   Application No.
Filing Date
   Registration No.
Registration Date
   Status
Next Renewal

Switzerland

   752    352495    Registered

06 Int.

   01-Feb-1967    01-Feb-1967    30-Jan-2017

Mark: POSIT-BOND

        

Owner: Olin Corporation

        

Domain Names

ajoster.com

ajoster.net

cuverro.com

cuverro.net

fineweldtube.com

fineweldtube.net

gbchi.com

gbchi.net

gbcholding.com

gbcholdings.com

gbcholdings.net

gbcholdingsinc.com

gbcholdingsinc.net

gbcmetals.com

globalbrassandcopperinc.com

globalbrassandcopperinc.net

globalbrassandcopperholding.com

globalbrassandcopperholdings.com

globalbrassandcopperholdings.net

globalbrassandcopperholdingsinc.com

globalbrassandcopperholdingsinc.net

myolinbrass.com

myolinbrass.net

olinbrass.com

olinbrass.net

olinfab.com

olinfineweldtube.com

 

  (D) Patent, Trademark, Copyright and Trade Secret Licenses

Trademark License Agreement between Olin Corporation and Global Brass and Copper, Inc., dated November 19, 2007

Transition Services Agreement between Olin Corporation and Global Brass and Copper, Inc., dated November 19, 2007

Patent and Know-How License Agreement between Olin Corporation and Prymetall GmbH & Co. KG, dated August 18, 2005.

 

Schedule 5.2 - 54


Redraw Wire License Agreement between Olin Corporation and Wieland - Werke AG, dated April 6, 2004.

Trademark License Contract between Olin Corporation (“Licensor”) and Olin Luotong Metals (GZ) Co., Ltd. (“Licensee”) dated November 2002.

Know-How License Agreement between Akron Coating and Adhesives Inc. and Olin Corporation (A.J. Oster Foils, Inc.) dated August 23, 2004.

Patent and Technology License Agreement between Akron Coating and Adhesives Inc. and Olin Corporation (A.J. Oster Foils, Inc.) dated August 23, 2004.

NB-109 Alloy License Agreement between DOWA METALTECH Co. Ltd., formerly Dowa Mining Co., Ltd., and Olin Corporation dated April 1, 1997 (as amended).

Alloy C19720 License Agreement between Dowa Mining Co., Ltd. and Olin Corporation dated December 1, 2005.

Copper Alloy C19720 Casting Equipment Sale and License Agreement between Dowa Mining Co., Ltd. and Olin Corporation dated December 1, 2005.

License Agreement (Redraw) between Fisk Alloy Wire, Inc. and Olin Corporation dated April 1, 1991.

Patent and Know-How License Agreement between the Furukawa Electric Co., Ltd., and Waterbury Rolling Mills, Inc. (Olin Corporation) dated October 26, 2000.

License Agreement (Copper Alloy C 19700) between Heyco Metals, Inc. and Olin Corporation dated June 10, 1986.

A2 Treatment License Agreement between Infineon Technology, formerly, Siemens AG Semiconductor Group, Back End Operations, and Olin Corporation dated January 25, 1999.

Technology License Contract between Olin Corporation and Luoyang Copper (Group) Co., Ltd. dated November 12, 2002.

Patent Cross License Agreement (Alloy 7025) between Nippon Mining & Metals Co., Ltd. and Olin Corporation dated August 25, 1994.

Advanced Tin™ Barrier Layer License Agreement between Schempp & Decker GmbH and Olin Corporation dated March 6, 2006.

Technology License Agreement between Sumco Inc. and Olin Corporation dated November 16, 2003.

Patent and Know-How License Agreement between Wieland-Werke AG and Olin Corporation dated October 1, 2006.

Advanced Tin™ Barrier Layer License Agreement between Wilms GmbH and Olin Corporation dated December 11, 2003.

 

Schedule 5.2 - 55


Alloy License Agreement between Yamaha-Olin Metal Corporation and Olin Corporation dated June 15, 1987 (as amended).

License Agreement between Olin Corporation and Heraeus Precision Engineering PTE LTD, dated as of July 1, 1998.

Technology License Agreement between Olin Corporation and Dowa Mining Co., Ltd., dated as of November 15, 1993.

Exclusive License Agreement between Chase Brass and Copper Company, LLC and Sambo Copper Alloy Co., Ltd. dated April 28, 2005.

NB-1XXX License Agreement between Dowa Metaltech Co., Ltd. and GBC Metals, LLC dated December 1, 2009.

Sublicense Agreement between Marjan, Inc. and Global Brass and Copper, Inc. dated June 22, 2010.

License Agreement between Global Brass and Copper, Inc. and Technic, Inc. dated September 1, 2010.

 

Schedule 5.2 - 56


The software licenses set forth in the following table:

 

Vendor

  

Product/Service

Chicago-Soft Ltd.    MVS/Quick Ref
Computer Associated    Mainframe software
Compuware    Mainframe software
Crystal Point    OutsideView software
Data Design Associates (DDA)    Mainframe GL software maintenance
ETI Net    HCOM Tandem software
Hewlett Packard    Tandem hardware and software maintenance
Innovation    FDR / ABR / CPK mainframe software
Levi Ray & Shoup    VTAM Printer Support (VPS) - mainframe software
Phoenix Software International    Falcon Data Entry software
Surfcontrol    Super Scout internet content management
Symantec    Anti virus - desktop and server
Computer Keyes    Keyes fax
Computer Keyes    Keyes Mail
DRV Technologies    Spool flex
Extol    EDI integrator for I Series
Gumbo    Excel-erator
Gumbo    Report Designer
Gumbo    Spool mail
Hawkeye Information Systems    PathFinder
HELP Systems    Messenger Plus
HELP Systems    Sequel
Integrated Custom Software    FormSprint
ProData    DBU
ProData    DBU Audit
Soft Landing    Turnover
TL Ashford    BarCode 400
Townsend Security    Alliance FTP Manager
Microsoft    Windows 7
Microsoft    Windows XP
Microsoft    Office 2003

 

Schedule 5.2 - 57


Microsoft    Office 2007
Microsoft    Office 2010
Microsoft    Front Page
Adobe    Adobe Acrobat
Various    Sold Works/Auto Cad
Microsoft    Server 2003
Microsoft    Server 2008
Microsoft    SQL Server 2000
Microsoft    SQL Server 2008
Dragon    Dragon Speak
Rosetta    Rosetta Stone
IBM    IMB Client Access
Symantec    Symantec Antivirus
Symantec    Backup Exec
Software Pursuits    SureSync
ADI    ADI web software
Equipsoft    MX4 maint web software
TC Logic    ROI+ web software
TC Logic    ROI Clever web software
Numara    Trackit inventory software
Intuit    Network monitor
KioWare    Kiosk software
Avery    Avery labeling software
Minitab Inc.    Minitab
Infor    Infinium
IBM    OS 400

III. COMMERCIAL TORT CLAIMS: None.

 

Schedule 5.2 - 58


SCHEDULE 5.4 TO

PLEDGE AND SECURITY AGREEMENT

Financing Statements:

 

Grantor

  

Filing Jurisdiction(s)

A.J. Oster Caribe, LLC    Delaware
A.J. Oster Caribe, LLC    Puerto Rico
A.J. Oster Foils, LLC    Delaware
A.J. Oster West, LLC    Delaware
A.J. Oster, LLC    Delaware
Bryan Metals, LLC    Delaware
Chase Brass and Copper Company, LLC    Delaware
Chase Brass, LLC    Delaware
Chase Industries, LLC    Delaware
GBC Metals, LLC    Delaware
Global Brass and Copper Holdings, Inc.    Delaware
Global Brass and Copper, Inc.    Delaware
Olin Fabricated Metal Products, LLC    Delaware

 

Schedule 5.4 - 1


SCHEDULE 5.5 TO

PLEDGE AND SECURITY AGREEMENT

 

Grantor

  

Location of Equipment and Inventory

A.J. Oster, LLC    Ameriplate
   600 Joyce Road
   Joliet, IL 60436
A.J. Oster, LLC    Art Diamond Cutting & Engraving
   185 Front Street
   Pawtucket, RI 02862
A.J. Oster, LLC    Checon, Inc.
   512 Old Baptist Road.
   North Kingstown, RI 02852
A.J. Oster, LLC    Eagle Brass Co.
   1243 Old Bernville Rd.
   Leesport, PA 19533
A.J. Oster, LLC    Engineered Metals
   512 Old Baptist Road
   North Kingston, RI 02852
A.J. Oster, LLC    Gibbs Wire & Steel
   Metals Drive
   Southington, CT 06489
A.J. Oster, LLC    Hussey Copper
   100 Washington St.
   Leetsdale, PA 15056
A.J. Oster, LLC    Leveltek Processing, LLC
   748 McMechen Street
   Benwood, WV 26031
A.J. Oster, LLC    Marjan, Inc.
   44 Railroad Hill Street
   Waterbury, CT 06722
A.J. Oster, LLC    TMI
   (f/k/a Materion Technical Materials)
   (f/k/a Technical Materials, Inc.)
   Five Wellington Road
   Lincoln, RI 02865
A.J. Oster, LLC    Micro Stamping Corp.
   140 Belmont Drive
   Somerset, NJ 08873
A.J. Oster, LLC    Millard Wire
   449 Warwick Industrial Avenue
   Warwick, RI 02886

 

Schedule 5.5 - 1


Grantor

  

Location of Equipment and Inventory

A.J. Oster, LLC    NASCO
   44 Railroad Hill Street
   Waterbury, CT 06722
A.J. Oster, LLC    Orbel Corporation
   2 Danforth Drive
   Easton, PA 18045
A.J. Oster, LLC    Pass & Seymour
   4515 Enterprise Drive
   Concord, NC 28027
A.J. Oster, LLC    Perfection Plating, Inc.
   775 Morse Avenue
   Elk Grove, IL 60070
A.J. Oster, LLC    Scientific Plating
   2073 North Southport
   Chicago, IL 60614
A.J. Oster, LLC    Selective Plating
   240 South Lombard Road
   Addison, IL 60101
A.J. Oster, LLC    Stewart EFI TX, LLC
   27 Leigh Fisher Road
   El Paso, TX 79906
A.J. Oster, LLC    Sumco, LLC
   1351 S. Girls School Road
   Indianapolis, IN 46231
A.J. Oster, LLC    Summit Corporation of America
   1430 Waterbury Road
   Thomaston, CT 06787
A.J. Oster Foils, LLC    Akron Coating & Adhesive, Inc.
   365 Stanton Ave.
   Akron, OH 44301
A.J. Oster Foils, LLC    Aluminum Coil Anodizing Corp.
   601 East Lake Street
   Streamwood, IL 60107
A.J. Oster Foils, LLC    American Nickeloid
   2900 W. Main Street
   Peru, IL 61354
A.J. Oster Foils, LLC    Eveready Battery (VT)
   75 Swanton Road
   St. Albans, VT 05478
A.J. Oster Foils, LLC    Eveready Battery (MO)
   3131 East First Street
   Maryville, MO 64468

 

Schedule 5.5 - 2


Grantor

  

Location of Equipment and Inventory

A.J. Oster Foils, LLC

   Eveready Battery (NC)
   2331 Carl Drive, Plant 2
   Asheboro, NC 27203

A.J. Oster Foils, LLC

   Elgiloy
   34600 Chardon Road
   Willoughby Hills, OH 44094

A.J. Oster Foils, LLC

   Hanover Foils, LLC
   301 Carter Hill Parkway
   Ashland, VA 23005

A.J. Oster Foils, LLC

   Jessup Manufacturing
   1701 Rockland Road
   Lake Bluff, IL 60044

A.J. Oster Foils, LLC

   Logan Machine
   1277 Home Avenue
   Akron, OH 44310

A.J. Oster Foils, LLC

   Main Steel Polishing Co.
   3805-B Henricks Rd.
   Youngstown, OH 44515

A.J. Oster Foils, LLC

   Specialty Metals Processing
   837 Seasons Road
   Stow, OH 44224

A.J. Oster West, LLC

   Galvan Group, Inc.
   11905 Conly Road
   Laredo, TX 78045

A.J. Oster West, LLC

   Metal Surfaces
   6060 Shull Street
   Bell Gardens, CA 90202

A.J. Oster West, LLC

   Olympic Metal Cutting
   836 Truck Way
   Montebello, CA 90640

A.J. Oster West, LLC

   Reliable Steel Building Prod
   9301 Rayo Avenue
   South Gate, CA 90280

A.J. Oster West, LLC

   U.S. Pre-finished Corp.
   4450 East Dunham Street
   Los Angeles, CA 90023

Bryan Metals, LLC

   TMI
   (f/k/a Materion Technical Materials)
   (f/k/a Technical Materials, Inc.)
   5 Wellington Road
   Lincoln, RI 02865

 

Schedule 5.5 - 3


Grantor

  

Location of Equipment and Inventory

Bryan Metals, LLC    Precision Plating
   2124 Liberty Drive
   Niagara Falls, NY 14304

Bryan Metals, LLC

   Summit Plating
   1430 Waterbury Road
   Thomaston, CT 06787

Bryan Metals, LLC

   Selective Plating
   240 South Lombard Road
   Addison, IL 60101

Bryan Metals, LLC

   Sumco, Inc.
   1351 Girls School Road
   Indianapolis, IN 46231

Bryan Metals, LLC

   Perfection Plating, Inc.
   775 Morse Avenue
   Elk Grove Village, IL 60007

Bryan Metals, LLC

   Tyco
   233 Burgess Road
   Greensboro, NC 27409

Chase Brass and Copper Company, LLC

   Seeger Metals
   1315 E. Manhattan Blvd.
   Toledo, OH 43608

Chase Brass and Copper Company, LLC

   NIBCO, Inc.
   6410 South 33rd Street
   Attn: Luis Ponce
   McAllen, TX 78503

Chase Brass and Copper Company, LLC

   Swanton Welding
   302 Church Street
   Swanton, OH 43558

Chase Brass and Copper Company, LLC

   Swanton Welding
   307 Broadway Street
   Swanton, OH 43558

GBC Metals, LLC (d/b/a Olin Brass)

   American Nickeloid
   2900 West Main
   Peru, IL 61354

GBC Metals, LLC (d/b/a Olin Brass)

   Dunlin Metals
   301 North 3rd Avenue
   Des Plaines, IL 60016

GBC Metals, LLC (d/b/a Olin Brass)

   Leveltec
   3236 North State Rd. 39
   Cuyahoga Heights, OH 44125

 

Schedule 5.5 - 4


Grantor

  

Location of Equipment and Inventory

GBC Metals, LLC (d/b/a Olin Brass)    Main Street Metal Polishing
   571 South Wheeling Road
   Wheeling, IL 60090
GBC Metals, LLC (d/b/a Olin Brass)    Marjan
   1901 Albright Road
   Montgomery, IL 60538
GBC Metals, LLC (d/b/a Olin Brass)    Midwest Ranger, Inc.
   2312 Centerline Industrial Drive
   St. Louis, MO 63146
GBC Metals, LLC (d/b/a Olin Brass)    Perfection Plating
   775 Morse Ave.
   Elk Grove Village, IL 60007
GBC Metals, LLC (d/b/a Olin Brass)    Precision Plate
   2124 Liberty Drive
   Niagara Falls, NY 14304
GBC Metals, LLC (d/b/a Olin Brass)    Precision Strip
   446 North Hardison
   Woodburn, KY 42170
GBC Metals, LLC (d/b/a Olin Brass)    Selective Plating
   240 South Lombard Road
   Addison, IL 60101
GBC Metals, LLC (d/b/a Olin Brass)    Sumco, Inc.
   1351 S. Girls School Rd.
   Indianapolis, IN 46231
GBC Metals, LLC (d/b/a Olin Brass)    Summit Corp. of America
   1430 Waterbury Road
   Thomaston, CT 06787
GBC Metals, LLC (d/b/a Olin Brass)    TMI
   (a/k/a Materion Technical Materials)
   (f/k/a Technical Materials, Inc.)
   Five Willington Road
   Lincoln, RI 02865
GBC Metals, LLC (d/b/a Olin Brass)    Veola Environmental Services (f/k/a Onyx)
   3601 Enterprise
   Valparaiso, IN 46383
GBC Metals, LLC (d/b/a Olin Brass)    Worthington Steel
   (f/k/a Gibraltar Strip Steel, Inc.)
   4310 East 49th Street
   Cuyahoga Heights, OH 44125

 

Schedule 5.5 - 5


Grantor

  

Location of Equipment and Inventory

GBC Metals, LLC (d/b/a Fineweld Tube)    Small Tube Products
   200 Oliphant Drive
   Duncansville, PA 16635
GBC Metals, LLC (d/b/a Somers Thin Strip)    Marjan
   44 Railroad Hill Street
   Waterbury, CT 06722
GBC Metals, LLC (d/b/a Somers Thin Strip)    Perfection Plating
   775 Morse Ave.
   Elk Grove Village, IL 60007
GBC Metals, LLC (d/b/a Somers Thin Strip)    Slitback
   P.O. Box 976, 940 Water Street
   North Bennington, VT 05257
Olin Fabricated Metal Products, LLC    Apex Metal Finishing
   8001 Van Buren
   St. Louis, MO 63111
Olin Fabricated Metal Products, LLC    Commercial Plating Co, Inc.
   9100 Riverview Drive
   St. Louis, MO 63137
Olin Fabricated Metal Products, LLC    Expert Brazing & Heat Treating, Inc.
   1300 Nave Road S.E.
   Massillon, OH 44646
Olin Fabricated Metal Products, LLC    Illinois Valley
   217 East Walnut Street
   Gillespie, IL 62033
Olin Fabricated Metal Products, LLC    Mersen
   9560 Joe Rodriguez Drive
   El Paso, TX 79927
Olin Fabricated Metal Products, LLC    Microfinish
   11048 Gravois Industrial Court
   Sunset Hills, MO 63128
Olin Fabricated Metal Products, LLC    Milbank Mfg. – EIL Division
   195 Prescolite Dr.
   P.O. Box 278
   El Dorado, AR 71731
Olin Fabricated Metal Products, LLC    Missouri MPP Corporation
   240 N. Executive Park Drive
   Yorktown, IN 47396
Olin Fabricated Metal Products, LLC    Mursix Corp
   2401 N. Executive Park Dr.
   Yorktown, IN 47396

 

Schedule 5.5 - 6


Grantor

  

Location of Equipment and Inventory

Olin Fabricated Metal Products, LLC    Norbert Plating
   340 North Ashland Ave.
   Chicago, IL 60609
Global Brass and Copper, Inc.    4971 Golden Parkway, Building #2, Buford, GA
   30518
GBC Metals, LLC    Cornerstone Professional Park, 47 Sherman Hill
   Rd., Suite 102, Building B, Woodbury, CT 06798
A.J. Oster West, LLC    22833 La Palma Ave., Yorba Linda, CA 92887
GBC Metals, LLC    427 N. Shamrock St., East Alton, IL 62024
A.J. Oster, LLC    457 Warwick Industrial Dr., Warwick, RI 02886
Global Brass and Copper, Inc.    1020-1022 East Broadway, Building #1, Alton, IL
   62002
   1101 East Broadway, Building #2, Alton, IL 62002
   1025 East Broadway, Building #3, Alton, IL 62002
GBC Metals, LLC    130 East Alton Ave., East Alton, IL 62024
GBC Metals, LLC    Building located at Sixth & Piasa Streets, Alton, IL
   62002
Chase Brass and Copper Company, LLC    6500 E. Washington Blvd., Commerce, CA 90040
GBC Metals, LLC    427 N. Shamrock St., East Alton, IL 62024
   (improvements only; land is leased)
GBC Metals, LLC    Lewis & Clark Blvd., East Alton, IL 62024
A.J. Oster, LLC    180 Alexandra Way, Carol Stream, IL 60188
A.J. Oster Caribe, LLC    Road 175, Rio Canas Industrial, Lot 29 & 30,
   Caguas, Puerto Rico
A.J. Oster Foils, LLC    2081 McCrea St., Alliance, OH 44601
Bryan Metals, LLC    1103 S. Main St., Bryan, OH 43506
GBC Metals, LLC    102 Progress Parkway, Cuba, MO 65453
GBC Metals, LLC    215 Piedmont St., Waterbury, CT 06706

 

Schedule 5.5 - 7


Grantor

  

Location of Equipment and Inventory

Chase Brass and Copper Company, LLC    Swanton Welding
   307 Broadway Street
   Swanton, OH 43558

 

Schedule 5.5 - 8


EXHIBIT A

TO PLEDGE AND SECURITY AGREEMENT

PLEDGE SUPPLEMENT

This PLEDGE SUPPLEMENT, dated [mm/dd/yy], is delivered by [NAME OF GRANTOR] a [NAME OF STATE OF INCORPORATION] [Corporation] (the “Grantor”) pursuant to the Pledge and Security Agreement, dated as of June 1, 2012 (as it may be from time to time amended, restated, modified or supplemented, the “Security Agreement”), among the Issuer, Holdings the Subsidiary Parties, the other Grantors named therein and Wells Fargo Bank, National Association, as the Notes Collateral Agent. Capitalized terms used herein not otherwise defined herein shall have the meanings ascribed thereto in the Security Agreement.

Grantor hereby confirms the grant to the Notes Collateral Agent set forth in the Security Agreement of, and does hereby grant to the Notes Collateral Agent, a security interest in all of Grantor’s right, title and interest in, to and under all Collateral to secure the Secured Obligations, in each case whether now or hereafter existing or in which Grantor now has or hereafter acquires an interest and wherever the same may be located. Grantor represents and warrants that the attached supplements to Schedules to the Security Agreement accurately and completely set forth in all material respects all additional information required to be provided pursuant to the Security Agreement and hereby agrees that such supplements to Schedules to the Security Agreement shall constitute part of the Schedules to the Security Agreement.

THIS PLEDGE SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ALL CLAIMS AND CONTROVERSIES ARISING OUT OF THE SUBJECT MATTER HEREOF WHETHER SOUNDING IN CONTRACT LAW, TORT LAW OR OTHERWISE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF ANY OTHER LAW (OTHER THAN ANY MANDATORY PROVISIONS OF THE UCC RELATING TO THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST).

IN WITNESS WHEREOF, Grantor has caused this Pledge Supplement to be duly executed and delivered by its duly authorized officer as of [mm/dd/yy].

 

[NAME OF GRANTOR]
By:  

 

Name:
Title:

 

EXHIBIT A-1


SUPPLEMENT TO SCHEDULE 5.1

TO PLEDGE AND SECURITY AGREEMENT

Additional Information:

GENERAL INFORMATION

 

(A) Full Legal Name, Type of Organization, Jurisdiction of Organization, Chief Executive Office/Sole Place of Business (or Residence if Grantor is a Natural Person) and Organizational Identification Number of each Grantor:

 

Full Legal Name

  

Type of

Organization

  

Jurisdiction of

Organization

  

Chief Executive

Office/Sole Place of
Business (or

Residence if Grantor

is a Natural Person)

  

Organization I.D.#

           
           

 

(B) Other Names (including any Trade Name or Fictitious Business Name) under which each Grantor currently conducts business:

 

Full Legal Name

  

Trade Name or Fictitious Business Name

  
  

 

(C) Changes in Name, Jurisdiction of Organization, Chief Executive Office or Sole Place of Business (or Principal Residence if Grantor is a Natural Person) and Corporate Structure within past five (5) years:

 

Grantor

  

Date of Change

  

Description of Change

     
     

 

(D) Agreements pursuant to which any Grantor is bound as debtor within past five (5) years:

 

Grantor

  

Description of Agreement

  
  

 

EXHIBIT A-2


SUPPLEMENT TO SCHEDULE 5.2

TO PLEDGE AND SECURITY AGREEMENT

COLLATERAL IDENTIFICATION

I. INVESTMENT RELATED PROPERTY

 

(A) Pledged Stock:

 

Grantor

   Stock
Issuer
   Class of
Stock
   Certificated
(Y/N)
   Stock
Certificate
No.
   Par
Value
   No. of
Pledged
Stock
   Percentage
of
Outstanding
Stock of the
Stock Issuer
                    

Pledged LLC Interests:

 

Grantor

   Limited
Liability
Company
   Certificated
(Y/N)
   Certificate No.
(if  any)
   No. of Pledged
Units
   Percentage of
Outstanding LLC
Interests of the
Limited  Liability
Company
              

Pledged Partnership Interests:

 

Grantor

   Partnership    Type of
Partnership
Interests  (e.g.,
general or
limited)
   Certificated
(Y/N)
   Certificate No.
(if any)
   Percentage of
Outstanding
Partnership
Interests of  the
Partnership
              

Pledged Trust Interests:

 

Grantor

   Trust    Class of Trust
Interests
   Certificated
(Y/N)
   Certificate No.
(if any)
   Percentage of
Outstanding
Trust Interests
of the Trust
              

Pledged Debt:

 

Grantor

   Issuer    Original
Principal
Amount
   Outstanding
Principal
Balance
   Issue Date    Maturity Date
              

 

EXHIBIT A-3


II. INTELLECTUAL PROPERTY

 

  (A) Copyrights

 

Grantor

  

Jurisdiction

  

Title of Work

  

Registration Number

(if any)

  

Registration Date

(if any)

           

 

  (B) Copyright Licenses

 

Grantor

  

Description of Copyright

License

  

Registration Number (if any)

of Underlying

Copyright

  

Name of Licensor

        

 

  (C) Patents

 

Grantor

  

Jurisdiction

  

Title of Patent

  

Patent Number/
(Application Number)

  

Issue Date/

(Filing Date)

           

 

  (D) Patent Licenses

 

Grantor

  

Description of Patent

License

  

Patent Number of

underlying Patent

  

Name of Licensor

        

 

  (E) Trademarks

 

Grantor

  

Jurisdiction

  

Trademark

  

Registration Number/

(Serial Number)

  

Registration Date/

(Filing Date)

           

 

  (F) Trademark Licenses

 

Grantor

  

Description of Trademark

License

  

Registration Number of

underlying Trademark

  

Name of Licensor

        

 

  (G) Trade Secret Licenses

III. COMMERCIAL TORT CLAIMS

 

Grantor

  

Commercial Tort Claims

  
  

 

EXHIBIT A-4


SUPPLEMENT TO SCHEDULE 5.4 TO

PLEDGE AND SECURITY AGREEMENT

Financing Statements:

 

Grantor

  

Filing Jurisdiction(s)

  
  

 

EXHIBIT A-5


SUPPLEMENT TO SCHEDULE 5.5 TO

PLEDGE AND SECURITY AGREEMENT

Additional Information:

 

Name Grantor

  

Location of Equipment and Inventory

  
  

 

EXHIBIT A-6


EXHIBIT B

TO PLEDGE AND SECURITY AGREEMENT

FORM OF TRADEMARK SECURITY AGREEMENT

This TRADEMARK SECURITY AGREEMENT, dated as of [            ], 20[    ] (as it may be amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by [] (the “Grantor”) in favor of [], as collateral agent for the Secured Parties (in such capacity, together with its successors and permitted assigns, the “Notes Collateral Agent”).

WHEREAS, the Grantor is party to a Pledge and Security Agreement dated as of June 1, 2012 (the “Pledge and Security Agreement”) between the Grantor and the other grantors party thereto and the Notes Collateral Agent pursuant to which the Grantor granted a security interest to the Notes Collateral Agent in the Trademark Collateral (as defined below) and is required to execute and deliver this Agreement.

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

 

SECTION 1. Defined Terms

Unless otherwise defined herein, terms defined in the Pledge and Security Agreement and used herein have the meaning given to them in the Pledge and Security Agreement.

 

SECTION 2. Grant of Security Interest in Trademark Collateral

SECTION 2.1. Grant of Security. The Grantor hereby grants to the Notes Collateral Agent, for the benefit of the Secured Parties, a security interest in and continuing lien on all of the Grantor’s right, title and interest in, to and under the following, in each case whether now owned or existing or hereafter acquired, developed, created or arising and wherever located (collectively, the “Trademark Collateral”):

all United States, and foreign trademarks, trade names, trade dress, corporate names, company names, business names, fictitious business names, Internet domain names, service marks, certification marks, collective marks, logos, other source or business identifiers, designs and general intangibles of a like nature, whether or not registered, and with respect to any and all of the foregoing: (i) all registrations and applications therefor including, without limitation, the registrations and applications listed or required to be listed in Schedule A attached hereto, (ii) all extensions or renewals of any of the foregoing, (iii) all of the goodwill of the business connected with the use of and symbolized by any of the foregoing, (iv) the right to sue or otherwise recover for any past, present and future infringement, dilution or other violation of any of the foregoing or for any injury to the related goodwill, (v) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income, payments, claims, damages, and proceeds of suit now or hereafter due and/or payable with respect thereto, and (vi) all other rights of any kind accruing thereunder or pertaining thereto throughout the world.

SECTION 2.2. Certain Limited Exclusions. Notwithstanding anything herein to the contrary, in no event shall the Trademark Collateral include or the security interest granted under

 

EXHIBIT B-1


Section 2.1 hereof attach to any “intent-to-use” application for registration of a Trademark filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, prior to the filing of a “Statement of Use” pursuant to Section 1(d) of the Lanham Act or an “Amendment to Allege Use” pursuant to Section 1(c) of the Lanham Act with respect thereto, solely to the extent, if any, that, and solely during the period, if any, in which, the grant of a security interest therein would impair the validity or enforceability of any registration that issues from such intent-to-use application, or the Trademark that is the subject thereof, under applicable federal law.

 

SECTION 3. Security Agreement

The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Notes Collateral Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantor hereby acknowledges and affirms that the rights and remedies of the Notes Collateral Agent with respect to the security interest in the Trademark 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 Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

 

SECTION 4. Governing Law

THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ALL CLAIMS AND CONTROVERSIES ARISING OUT OF THE SUBJECT MATTER HEREOF WHETHER SOUNDING IN CONTRACT LAW, TORT LAW OR OTHERWISE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF ANY OTHER LAW (OTHER THAN ANY MANDATORY PROVISIONS OF LAW RELATING TO THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST).

 

SECTION 5. Counterparts

This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument.

[Remainder of page intentionally left blank]

 

EXHIBIT B-2


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

 

[NAME OF GRANTOR]
By:  

 

  Name:
  Title:

 

EXHIBIT B-3


Accepted and Agreed:

[],

as Notes Collateral Agent

 

By:  

 

  Name:
  Title:

 

EXHIBIT B-4


SCHEDULE A

to

TRADEMARK SECURITY AGREEMENT

TRADEMARK REGISTRATIONS AND APPLICATIONS

 

Mark

  

Serial No.

  

Filing Date

  

Registration No.

  

Registration

Date

           
           
           
           
           

 

EXHIBIT B-5


EXHIBIT C

TO PLEDGE AND SECURITY AGREEMENT

FORM OF PATENT SECURITY AGREEMENT

This PATENT SECURITY AGREEMENT, dated as of [            ], 20[    ] (as it may be amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by [] (the “Grantor”) in favor of [], as collateral agent for the Secured Parties (in such capacity, together with its successors and permitted assigns, the “Notes Collateral Agent”).

WHEREAS, the Grantor is party to a Pledge and Security Agreement dated as of June 1, 2012 (the Pledge and Security Agreement) between the Grantor and the other grantors party thereto and the Notes Collateral Agent pursuant to which the Grantor granted a security interest to the Notes Collateral Agent in the Patent Collateral (as defined below) and is required to execute and deliver this Agreement.

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

SECTION. 1. Defined Terms

Unless otherwise defined herein, terms defined in the Pledge and Security Agreement and used herein have the meaning given to them in the Pledge and Security Agreement.

SECTION. 2. Grant of Security Interest

The Grantor hereby grants to the Notes Collateral Agent, for the benefit of the Secured Parties, a security interest in and continuing lien on all of the Grantor’s right, title and interest in, to and under the following, in each case whether now owned or existing or hereafter acquired, developed, created or arising and wherever located (collectively, the “Patent Collateral”):

all United States and foreign patents and certificates of invention, or similar industrial property rights, and applications for any of the foregoing, including, but not limited to: (i) each patent and patent application listed or required to be listed in Schedule A attached hereto, (ii) all reissues, divisions, continuations, continuations-in-part, extensions, renewals, and reexaminations thereof, (iii) all patentable inventions and improvements thereto, (iv) the right to sue or otherwise recover for any past, present and future infringement or other violation thereof, (v) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income, payments, claims, damages, and proceeds of suit now or hereafter due and/or payable with respect thereto, and (vi) all other rights of any kind accruing thereunder or pertaining thereto throughout the world.

SECTION. 3. Security Agreement

The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Notes Collateral Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantor hereby acknowledges and affirms that the rights and remedies of the Notes Collateral Agent with respect to the security interest in the Patent 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 Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

 

EXHIBIT C-1


SECTION. 4. Governing Law

THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ALL CLAIMS AND CONTROVERSIES ARISING OUT OF THE SUBJECT MATTER HEREOF WHETHER SOUNDING IN CONTRACT LAW, TORT LAW OR OTHERWISE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF ANY OTHER LAW (OTHER THAN ANY MANDATORY PROVISIONS OF LAW RELATING TO THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST).

SECTION. 5. Counterparts

This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument.

[Remainder of page intentionally left blank]

 

EXHIBIT C-2


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

 

[NAME OF GRANTOR]
By:  

 

  Name:
  Title:

 

EXHIBIT C-3


Accepted and Agreed:

[],

as Notes Collateral Agent

 

By:  

 

 

Name:

 

Title:

 

EXHIBIT C-4


SCHEDULE A

to

PATENT SECURITY AGREEMENT

PATENTS AND PATENT APPLICATIONS

 

Title

  

Application No.

  

Filing Date

  

Patent No.

  

Issue Date

           
           
           
           
           

 

EXHIBIT C-5


EXHIBIT D

TO PLEDGE AND SECURITY AGREEMENT

FORM OF COPYRIGHT SECURITY AGREEMENT

This COPYRIGHT SECURITY AGREEMENT, dated as of [            ], 20[    ] (as it may be amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by [] (the “Grantor”) in favor of [], as collateral agent for the Secured Parties (in such capacity, together with its successors and permitted assigns, the “Notes Collateral Agent”).

WHEREAS, the Grantor is party to a Pledge and Security Agreement dated as of June 1, 2012 (the “Pledge and Security Agreement”) between the Grantor and the other grantors party thereto and the Notes Collateral Agent pursuant to which the Grantor granted a security interest to the Notes Collateral Agent in the Copyright Collateral (as defined below) and is required to execute and deliver this Agreement.

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

 

SECTION 1. Defined Terms

Unless otherwise defined herein, terms defined in the Pledge and Security Agreement and used herein have the meaning given to them in the Pledge and Security Agreement.

 

SECTION 2. Grant of Security Interest

The Grantor hereby grants to the Notes Collateral Agent, for the benefit of the Secured Parties, a security interest in and continuing lien on all of the Grantor’s right, title and interest in, to and under the following, in each case whether now owned or existing or hereafter acquired, developed, created or arising and wherever located (collectively, the “Copyright Collateral”):

(a) all United States, and foreign copyrights (whether or not the underlying works of authorship have been published), including but not limited to copyrights in software and all rights in and to databases, all designs (including but not limited to industrial designs, Protected Designs and Community designs), and all Mask Works (as defined under 17 U.S.C. 901 of the U.S. Copyright Act), whether registered or unregistered, as well as all moral rights, reversionary interests, and termination rights, and, with respect to any and all of the foregoing: (i) all registrations and applications therefor including, without limitation, the registrations and applications listed or required to be listed in Schedule A attached hereto, (ii) all extensions and renewals thereof, (iii) the right to sue or otherwise recover for any past, present and future infringement or other violation thereof, (iv) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income, payments, claims, damages and proceeds of suit now or hereafter due and/or payable with respect thereto, and (v) all other rights of any kind accruing thereunder or pertaining thereto throughout the world; and

(b) any and all agreements, licenses and covenants providing for the granting of any exclusive right to the Grantor in or to any registered Copyright including, without limitation, each agreement required to be listed in Schedule A attached hereto, and the right to sue or otherwise recover for past, present and future infringement or other violation or impairment thereof, including the right to receive all Proceeds therefrom, including without limitation license fees, royalties, income, payments, claims, damages and proceeds of suit, now or hereafter due and/or payable with respect thereto.

 

EXHIBIT D-1


SECTION 3. Security Agreement

The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Notes Collateral Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantor hereby acknowledges and affirms that the rights and remedies of the Notes 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 Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

 

SECTION 4. Governing Law

THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ALL CLAIMS AND CONTROVERSIES ARISING OUT OF THE SUBJECT MATTER HEREOF WHETHER SOUNDING IN CONTRACT LAW, TORT LAW OR OTHERWISE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF ANY OTHER LAW (OTHER THAN ANY MANDATORY PROVISIONS OF LAW RELATING TO THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST).

 

SECTION 5. Counterparts

This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument.

[Remainder of page intentionally left blank]

 

EXHIBIT D-2


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

 

[NAME OF GRANTOR]
By:  

 

  Name:
  Title:

 

EXHIBIT D-3


Accepted and Agreed:

[],

as Notes Collateral Agent

 

By:  

 

  Name:
  Title:

 

EXHIBIT D-4


SCHEDULE A

to

COPYRIGHT SECURITY AGREEMENT

COPYRIGHT REGISTRATIONS AND APPLICATIONS

 

Title

  

Application No.

  

Filing Date

  

Registration No.

  

Registration Date

           
           
           
           
           

EXCLUSIVE COPYRIGHT LICENSES

 

Description of Copyright License

  

Name of Licensor

  

Registration Number of

underlying Copyright

     
     
     
     
     

 

EXHIBIT D-5