TRADEMARK SECURITY AGREEMENT
Exhibit
10.61
Trademark Security Agreement, dated as of November 30, 2007, by Xxxxx & Wesson Corp., a
Delaware corporation, Xxxxx & Wesson Holding Corporation, a Nevada corporation, Xxxxxxxx/Center
Arms Company, Inc., a New Hampshire corporation, and Bear Lake Holdings, Inc., a Delaware
corporation (collectively, the “Pledgors”), in favor of Toronto Dominion (Texas) LLC, in
its capacity as Administrative Agent pursuant to the Credit Agreement (in such capacity, the
“Administrative Agent”).
WITNESSETH:
WHEREAS, the Pledgors are party to a Pledge and Security Agreement, dated as of
November 30, 2007 (as amended, restated, supplemented or otherwise modified from time to time, the
“Security Agreement”) in favor of the Administrative Agent pursuant to which the Pledgors
are required to execute and deliver this Trademark Security Agreement;
NOW, THEREFORE, in consideration of the premises and to induce the Administrative
Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement, the Pledgors
hereby agree with the Administrative Agent as follows:
SECTION 1. Defined Terms. Unless otherwise defined herein, terms defined in the
Security Agreement and used herein have the meaning given to them in the Security Agreement.
SECTION 2. Confirmation of Grant of Security Interest in Trademark Collateral. The
Pledgors hereby confirm the grant to the Administrative Agent for the benefit of the Secured
Parties in the Security Agreement of a lien on and security interest in and to all of their right,
title and interest in, to and under all the following Pledged Collateral of the Pledgors:
(a) Trademarks of the Pledgors, including but not limited to the Trademarks listed on
Schedule A attached hereto , in each case whether now owned or existing or hereafter
acquired or arising and wherever located;
(b) all Goodwill associated with such Trademarks; and
(c) all Proceeds of any and all of the foregoing (other than Excluded Property).
SECTION 3. Security Agreement. The Pledgors hereby acknowledge and affirm that the
rights and remedies of the Administrative Agent with respect to the security interest in the
Trademarks confirmed hereby are more fully set forth in the Security Agreement, the terms and
provisions of which are incorporated by reference herein as if fully set forth herein. In the
event that any provision of this Trademark Security Agreement is deemed to conflict with the
Security Agreement, the provisions of the Security Agreement shall control unless the
Administrative Agent shall otherwise determine.
SECTION 4. Termination. Upon the payment in full of the Obligations (other than
contingent indemnification obligations) and automatic termination of the Security Agreement, the
Administrative Agent shall execute, acknowledge, and deliver to the Pledgors an instrument
in writing in recordable form evidencing the release of the collateral pledge, grant,
assignment, lien and security interest in the Trademarks under the Security Agreement and this
Trademark Security Agreement.
SECTION 5. Counterparts. This Trademark Security Agreement may be executed in any
number of counterparts, all of which shall constitute one and the same instrument, and any party
hereto may execute this Trademark Security Agreement by signing and delivering one or more
counterparts.
[Signature Page Follows]
-2-
[Signature Page to Xxxxx & Wesson Corp. Trademark Security Agreement]
IN WITNESS WHEREOF, the Pledgors have caused this Trademark Security Agreement to be
executed and delivered by its duly authorized offer as of the date first set forth above.
| Very truly yours, XXXXX & WESSON CORP. |
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| By: | /s/ Xxxx X. Xxxxx | |||
| Name: | Xxxx X. Xxxxx | |||
| Title: | Vice President | |||
| XXXXX & WESSON HOLDING CORPORATION |
||||
| By: | /s/ Xxxx X. Xxxxx | |||
| Name: | Xxxx X. Xxxxx | |||
| Title: | Vice President | |||
| XXXXXXXX/CENTER ARMS COMPANY, INC. |
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| By: | /s/ Xxxx X. Xxxxx | |||
| Name: | Xxxx X. Xxxxx | |||
| Title: | Vice President | |||
| BEAR LAKE HOLDINGS, INC. |
||||
| By: | /s/ Xxxx X. Xxxxx | |||
| Name: | Xxxx X. Xxxxx | |||
| Title: | Vice President | |||
Accepted and Agreed:
TORONTO DOMINION (TEXAS) LLC,
as Administrative Agent
as Administrative Agent
| By: | /s/ Xxx Xxxxxx | |||
| Name: | Xxx Xxxxxx | |||
| Title: | Authorized Signatory | |||
-2-
SCHEDULE A
TRADEMARKS
TRADEMARKS
OWNER: XXXXX & WESSON CORP.
| FILING DATE | ||||
| TRADEMARK | REGISTRATION NO. | |||
”.357" MAGNUM
|
4/23/35 323,654 |
|||
AIRLITE
|
5/26/98 2,160,999 |
|||
AIRLITE SC (and Design)
|
8/7/01 2,475,687 |
|||
AIRLITE TI (Stylized)
|
10/29/02 2,641,461 |
|||
AIRWEIGHT
|
2/16/54 585,831 |
|||
BODYGUARD
|
8/9/94 1,849,219 |
|||
CARRY COMP
|
7/14/98 2,172,420 |
|||
CHIEF’S SPECIAL
|
2/24/76 1,034,286 |
|||
CLUB 1852
|
1/24/06 3,049,932 |
|||
COMBAT MAGNUM
|
12/16/80 1,143,296 |
|||
GUN HAMMER & TRIGGER COLORING (and Design)
|
1/12/26 0,207,951 |
|||
HERITAGE SERIES
|
5/6/03 2,714,414 |
|||
LADY XXXXX (Stylized)
|
1/23/90 1,578,910 |
|||
MAGNUM
|
5/6/03 2,713,007 |
|||
MAGNUM
|
6/4/35 324,894 |
|||
MOUNTAIN GUN
|
8/16/94 1,850,300 |
|||
MOUNTAIN LITE
|
9/18/01 2,490,870 |
|||
S&W PERFORMANCE CENTER (and Design)
|
3/3/92 1,677,907 |
| FILING DATE | ||||
| TRADEMARK | REGISTRATION NO. | |||
RAIN SHIELD
|
7/6/04 2,860,968 |
|||
S&W (Letters)
|
10/14/13 93767 |
|||
S&W MONOGRAM (NEW LOGO) (and Design)
|
11/21/06 3174786 |
|||
S&W MONOGRAM (NEW LOGO) (and Design)
|
10/20/92 1,724,977 |
|||
S&W MONOGRAM (NEW LOGO) (and Design)
|
3/9/93 1,757,500 |
|||
S&W MONOGRAM (NEW LOGO) (and Design)
|
9/20/77 1,073,794 |
|||
SHORTY
|
6/30/98 2,169,090 |
|||
XXXXX & WESSON
|
11/7/06 3169365 |
|||
XXXXX & WESSON
|
11/8/88 1,511,511 |
|||
XXXXX & WESSON
|
7/19/77 1,069,977 |
|||
XXXXX & WESSON
|
8/4/92 1,704,640 |
|||
XXXXX & WESSON (Stylized)
|
2/3/14 95164 |
|||
XXXXX & WESSON ACADEMY (and Design)
|
8/7/01 2,475,890 |
|||
XXXXX & WESSON PERFORMANCE CENTER
|
10/8/91 1,660,123 |
|||
SW (and Design)
|
6/20/00 2,359,691 |
|||
S&W MONOGRAM (OLD LOGO) (and Design)
|
10/14/13 93766 |
|||
SW (and Design)
|
9/20/77 1,073,794 |
|||
XX XXXXX & WESSON COLLECTORS ASSOCIATION
(and Design)
|
2/27/96 1,958,275 |
|||
TEXAS HOLD’EM
|
4/25/06 3,085,199 |
|||
THE SIGMA SERIES
|
8/1/95 1,909,269 |
|||
M&P MILITARY POLICE (Stylized)
|
11/13/2007 3,336,344 |
| FILING DATE | ||||
| TRADEMARK | REGISTRATION NO. | |||
PROTECTED BY XXXXX & WESSON
|
Serial No. 78/919,216 (Pending) | |||
M&P XXXXX & WESSON MILITARY & POLICE (Stylized)
|
Serial No. 78/677,811 (Pending) | |||
MILITARY POLICE (Stylized and/or Design)
|
Serial No. 78/619,034 (Pending) | |||
S&W MONOGRAM (NEW LOGO) (and Design)
|
Serial No. 78/727,817 (Pending) | |||
XXXXX & WESSON
|
Serial No. 78/727,792 (Pending) | |||
XXXXX & WESSON
|
Serial No. 78/618,451 (Pending) | |||
1000 SERIES
|
11/03/06 Serial No. 77/036,739 (Pending) |
|||
ALLIED FORCES
|
11/30/06 Serial No. 77/054,464 (Pending) |
|||
ELITE GOLD
|
09/29/06 Serial No. 77/011,008 (Pending) |
|||
ELITE SERIES
|
11/07/06 Serial No. 77/038,337 (Pending) |
|||
ELITE SILVER
|
09/29/06 Serial No. 77/011,027 (Pending) |
|||
I-BOLT
|
09/29/06 Serial No. 77/010,641 (Pending) |
|||
S&W 500
|
08/15/07 Serial No. 77/256,256 (Pending) |
|||
XXXXX & WESSON HEIRLOOM WARRANTY
|
10/27/06 Serial No. 77/031,477 (Pending) |
|||
| OWNER: XXXXX & WESSON HOLDING CORPORATION | ||||
| FILING DATE | ||||
| TRADEMARK | REGISTRATION NO. | |||
VERSAVAULT
|
12/16/03 2,795,541 |
|||
SAF-T-HAMMER (and Design)
|
03/04/03 2692585 |
|||
SAF-T-TRIGGER
|
11/05/02 2647540 |
|||
OWNER: XXXXXXXX CENTER ARMS COMPANY, INC.
| FILING DATE | ||||
| TRADEMARK | REGISTRATION NO. | |||
FLINT RIVER
|
02/20/07 3210441 |
|||
MAG EXPRESS
|
06/12/07 3251026 |
|||
MAXIMA
|
12/19/06 3186830 |
|||
NUMBER 13
|
08/22/06 3132600 |
|||
R55
|
12/19/06 3186829 |
|||
T/C
|
02/20/07 3210440 |
|||
TC (and Design)
|
02/13/07 3207677 |
|||
U-VIEW
|
02/13/07 3208075 |
|||
XR
|
01/09/07 3196396 |
|||
AMERICA’S MASTER GUNMAKER
|
08/15/06 3131465 |
|||
BENCHMARK
|
03/27/07 3221572 |
|||
CONTENDER
|
06/12/07 3251768 |
|||
POWER ROD
|
11/20/07 3338956 |
|||
FLEXTECH
|
10/16/07 3314141 |
|||
GORILLA GRIP
|
10/30/07 3327213 |
|||
SPEED BREECH
|
10/16/07 3314142 |
|||
SWING HAMMER
|
10/16/07 3314296 |
|||
T17
|
10/16/07 3314423 |
|||
TRIUMPH
|
10/16/07 3314640 |
|||
FLINT RIVER
|
08/24/05 Serial No. 78/699,927 (Pending) |
| FILING DATE | ||||
| TRADEMARK | REGISTRATION NO. | |||
GAME TRAILS
|
08/25/05 Serial No. 78/700,223 (Pending) |
|||
ICON
|
05/16/06 Serial No. 78/885,028 (Pending) |
|||
OMEGA
|
08/24/05 Serial No. 78/699,386 (Pending) |
|||
OMEGA
|
08/24/05 Serial No. 78/699,907 (Pending) |
|||
POWER CELL
|
08/24/05 Serial No. 78/699,929 (Pending) |
|||
SHOCK WAVE
|
02/01/06 Serial No. 78/804,535 (Pending) |
|||
T7
|
02/01/06 Serial No. 78/804,481 (Pending) |
|||
WARLORD
|
08/10/06 Serial No. 78/949,717 (Pending) |
|||
WEATHER SHIELD
|
10/02/06 Serial No. 77/011,622 (Pending) |
|||
| OWNER: BEAR LAKE HOLDINGS, INC. | ||||
| FILING DATE | ||||
| TRADEMARK | REGISTRATION NO. | |||
ENCORE
|
03/02/99 2227763 |
|||
ENCORE (and Design)
|
04/06/99 2236581 |
|||
MAXI-HUNTER
|
01/19/88 1473059 |
|||
PRE-XXXXX
|
10/25/88 1510055 |
|||
QLA
|
06/15/99 2252792 |
|||
QLA QUICK LOAD ACCURIZOR TC (and Design)
|
02/23/99 2225456 |
|||
QUICK LOAD ACCURIZOR
|
07/06/99 2260092 |
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