EX-4.236 215 y93391a2exv4w236.htm EX-4.236 exv4w236
EXHIBIT 4.236
     PATENT SECURITY AGREEMENT dated as of September 1, 2010 (this “Agreement”), among the grantors listed on Schedule I hereto (the “U.S. Grantors”) and The Bank of New York Mellon, as collateral agent (in such capacity, the “Collateral Agent”).
          Reference is made to (a) the Collateral Agreement dated as of November 5, 2009 (as amended, restructured, renewed, novated, supplemented, restated, replaced or otherwise modified from time to time, the “Collateral Agreement”), among Reynolds Group Holdings Inc. (“RGHI”), Reynolds Consumer Products Holdings Inc. (the “U.S. Term Borrower” and, together with RGHI, the “U.S. Term Borrowers”), Closure Systems International Holdings Inc. (together with the U.S. Term Borrowers, the “Borrowers”), Reynolds Group Issuer LLC (the “U.S. Issuer”), Reynolds Group Issuer Inc. (the “U.S. Co-Issuer” and, together with the U.S. Issuer, the “Issuers”), the Subsidiaries of Reynolds Group Holdings Limited (“Holdings”) from time to time party thereto and the Collateral Agent, (b) the Credit Agreement dated as of November 5, 2009 as amended by Amendment No. 1 dated as of January 1, 2010, and as amended by Amendment No. 2 and Incremental Term Loan Assumption Agreement dated as of May 4, 2010 (as further amended, extended, restructured, renewed, novated, supplemented, restated, refunded, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrowers, the European Borrowers (as defined therein), Holdings, the lenders from time to time party thereto (the “Lenders”) and Credit Suisse AG (formerly known as Credit Suisse), as administrative agent, and (c) the Indenture dated as of November 5, 2009 (as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or otherwise modified from time to time, the “Senior Secured Note Indenture”), among the Issuers, Reynolds Group Issuer (Luxembourg) S.A., the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar. The Lenders have agreed to extend credit to the Borrowers pursuant to, and upon the terms and conditions specified in, the Credit Agreement. The Senior Secured Note Holders have agreed to extend credit to the Issuers pursuant to, and upon the terms and conditions specified in, the Senior Note Indenture. The parties hereto agree as follows:
          SECTION 1. Terms. Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified pursuant to the Collateral Agreement. The rules of construction specified in Section 1.01(b) of the Collateral Agreement also apply to this Agreement.
          SECTION 2. Grant of Security Interest. Each U.S. Grantor hereby assigns and pledges to the Collateral Agent, its successors and permitted assigns, for the ratable benefit of the Secured Parties, and hereby grants to the Collateral Agent, its successors and permitted assigns, for the ratable benefit of the Secured Parties, a Security Interest in all of such U.S. Grantor’s right, title or interest in, to and under all of the Patents of such U.S. Grantor (including those listed on Schedule II hereto) now owned or at any time hereafter acquired by such U.S. Grantor or in which such U.S. Grantor now has or at any time in the future may acquire any right, title or interest as security for the payment or performance, as the case may be, in full of the Obligations.

 

 

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

 

 

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

 

 

Schedule I
U.S. Grantors
Reynolds Packaging LLC
Reynolds Food Packaging LLC
Ultra Pac, Inc.

 

 

Schedule II
Patents
REYNOLDS PACKAGING LLC
U.S. Patents
                 
Title   Type   Serial No.   Patent No.
Multi-layer Water Blocking Cable Armor Laminate Containing Water Swelling Fabrics and Method of Making Such
  U   11/092,260     7,522,794  
 
                
Multi-layer Water Blocking Cable Armor Laminate Containing Water Swelling Fabrics and Associated Methods of Manufacture
  U   11/491,045     7,555,182  
 
                
**Lidstock Material Having Improved
Burst Strength
  U   10/388,001     7,404,994  
 
                
Aluminum Alloys for Armored Cables
  U   11/411,242     7,536,072  
 
                
NO TEAR PHARMACEUTICAL POUCH
  U   10/666,190     6,936,318  
 
                
SEAMING PLASTIC FILM USING
SOLVENT-BASED ADHESIVE BEAD
  U   10/349,649     6,902,639  
 
                
Peelable and Heat Sealable Lidstock Material for Plastic Containers
  U   08/476,524     5,626,929  

 

 

REYNOLDS FOOD PACKAGING LLC
U.S. Patents
                 
Title   Type   Serial No.   Patent No.
Locking Structure for Hinged Container
  U   10/966,726     7,284,673  

 

 

ULTRA PAC, INC.
U.S. Patents
             
Title   Type   Serial No.   Patent No.
EASY OPEN PACKAGE
  U   08/341,768   5,704,481
 
            
Egg Container
  D   29/038,527   D-371,961
 
            
Egg Carton
  D   29/040,185   D385,780
 
            
Base For Angel Food Cakes
  D   29/042,365   D371,964
 
            
Clamshell Package For Cored Pineapple Fruit
  D   29/021,944   D361,714
 
            
Shrimp Package With Hinged Lid
  D   29/029,304   D364,090
 
            
Fruit Container
  D   29/025,761   D-360,825
 
            
Fruit Container
  D   29/040,985   D-379,300
 
            
Fruit Container
  D   29/050,266   D-380,381
 
            
Fruit Container
  D   29/052,442   D-385,784
 
            
Clamshell Container For Food Items
  U   08/382,977   5,497,894
 
            
Clamshell Container For Food Items
  D   29/034,458   D-365,272
 
            
Container for Herbs
  D   29/030,361   D-363,022
 
            
Bread Tray
  D   29/028,296   D-361,514
 
            
Blueberry Container
  D   29/029,338   D-363,879
 
            
BERRY BOX
  D   29/024,458   D-361,035
 
            
BERRY BOX
  D   29/014,482   D-361,036
 
            
Stackable Berry Container with Hinged
Lid
  D   29/045,260   D-377,450
 
            
Stackable Berry Container with Hinged
Lid
  D   29/045,297   D-378,192
 
            
Cake Container
  D   29/048,590   D-374,820
 
            
Food Container (2 Serving)
  D   29/070,002   D-395,985
 
            
Food Container (4 Serving)
  D   29/069,948   D-395,796
 
            
Food Container
  D   29/041,784   D-371,940
 
            

 

 

             
Title   Type   Serial No.   Patent No.
Food Container
  D   29/044,128   D-376,314
 
            
Fruit Box
  U   08/193,433   5,590,805
 
            
Food Package With Hinged Lid
  D   29/014,051   D-351,999
 
            
Food Package With Hinged Lid
  D   29/014,058   D-354,436
 
            
Food Package With Hinged Lid
  D   29/014,055   D-354,435
 
            
SANDWICH CONTAINER
  D   29/009,434   D-349,050
 
            
LUNCH BOX
  D   29/009,749   D-349,633
 
            
PASTRY PACKAGE
  D   29/012,160   D-352,454
 
            
FRUIT CLAMSHELL CONTAINER
  D   29/005,991   D-346,552
 
            
STORAGE AND DISPLAY CONTAINER FOR FOOD
  D   29/005,651   D-346,554
 
            
TRAY FOR BAKED GOODS
  D   29/004,349   D-345,894
 
            
CONTAINER FOR BAKED FOOD PRODUCTS
  D   29/004,352   D-345,912
 
            
SNACK FOOD CONTAINER WITH LID
  D   07/919,122   D-344,660
 
            
BERRY BOX
  D   29/024,458   D-361,035
 
            
BERRY BOX
  D   29/014,482   D-361,036
 
            
Chicken Container
  D   29/073,173   D-394,807
 
            
Pie Container
  D   29/073,780   D-391,850
 
            
Vegetable Container
  D   29/084,690   D-421,695