PLEDGE AND SECURITY AGREEMENT
Exhibit
10.17
[*]
THE CONFIDENTIAL PORTION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR
CONFIDENTIAL TREATMENT AND THE OMITTED MATERIAL HAS BEEN FILED
SEPARATELY WITH THE COMMISSION.
Execution Copy
THIS PLEDGE AND SECURITY AGREEMENT (as it may be amended or modified from time to time, the
“Security Agreement”) is entered into as of November 25, 2009 by and between ALTRA
HOLDINGS, INC., a Delaware corporation (“Holdings”), ALTRA INDUSTRIAL MOTION, INC., a
Delaware corporation, the other Subsidiaries of Holdings named on the signature pages hereto (each
a “Grantor”, and collectively, the “Grantors”), and JPMORGAN CHASE BANK, N.A., in
its capacity as administrative agent (the “Administrative Agent”) for the lenders party to
the Credit Agreement referred to below.
PRELIMINARY STATEMENT
The Grantors, the Administrative Agent and the Lenders are entering into a Credit Agreement
dated as of the date hereof (as it may be amended or modified from time to time, the “Credit
Agreement”). Each Grantor is entering into this Security Agreement in order to induce the
Lenders to enter into and extend credit to the Borrowers under the Credit Agreement and to secure
the Secured Obligations that such Grantor has agreed to guarantee pursuant to Article X of the
Credit Agreement.
ACCORDINGLY, the Grantors and the Administrative Agent, on behalf of the Lenders, hereby agree
as follows:
ARTICLE I
DEFINITIONS
DEFINITIONS
1.1. Terms Defined in Credit Agreement. All capitalized terms used herein and not
otherwise defined shall have the meanings assigned to such terms in the Credit Agreement.
1.2. Terms Defined in UCC. Terms defined in the UCC which are not otherwise defined
in this Security Agreement are used herein as defined in the UCC.
1.3. Definitions of Certain Terms Used Herein. As used in this Security Agreement, in
addition to the terms defined in the Preliminary Statement, the following terms shall have the
following meanings:
“Accounts” shall have the meaning set forth in Article 9 of the UCC.
“Article” means a numbered article of this Security Agreement, unless another document
is specifically referenced.
“Assigned Contracts” means, with respect to any Grantor, collectively, all of such
Grantors’ rights and remedies under, and all moneys and claims for money due or to become due to
such Grantor under those contracts and other agreements between such Grantor and any party other
than the Administrative Agent or any Lender, and any other material contracts, and any and all
amendments, supplements, extensions, and renewals thereof, including all rights and claims of such
Grantor now or hereafter existing: (a) under any insurance, indemnities, warranties, and guarantees
provided for or arising out of or in connection with any of the foregoing agreements; (b) for any
damages arising out of or for breach or default under or in connection with any of the foregoing
contracts; (c) to all other amounts from time to time paid or payable under or in connection with
any of the foregoing agreements; or (d) to exercise or enforce any and all covenants, remedies,
powers and privileges thereunder.
“Chattel Paper” shall have the meaning set forth in Article 9 of the UCC.
“Closing Date” means the date of the Credit Agreement.
“Collateral” shall have the meaning set forth in Article II.
“Collateral Access Agreement” means any landlord waiver or other agreement, in form
and substance satisfactory to the Administrative Agent, between the Administrative Agent and any
third party (including any bailee, consignee, customs broker, or other similar Person) in
possession of any Collateral or any landlord of any Grantor for any real property where any
Collateral is located, as such landlord waiver or other agreement may be amended, restated, or
otherwise modified from time to time.
“Collateral Report” means any certificate (including any Borrowing Base Certificate),
report or other document delivered by any Grantor to the Administrative Agent or any Lender with
respect to the Collateral pursuant to any Loan Document.
“Collection Account” means the account at JPMorgan Chase Bank, N.A., so designated by
the Administrative Agent, in a written notice delivered to the Grantors, to be the “Collection
Account”, to which funds on deposit in Deposit Accounts, Securities Accounts and Lock Boxes (other
than Excluded Accounts) and all payments received in respect of Accounts shall be remitted at all
times during an Availability Trigger Period.
“Commercial Tort Claims” means “commercial tort claims” as set forth in Article 9 of
the UCC and shall include, without limitation, the existing commercial tort claims of the Grantors
set forth in Exhibit C-2 attached hereto.
“Control” shall have the meaning set forth in Article 8 or, if applicable, in Section
9-104, 9-105, 9-106 or 9-107 of Article 9 of the UCC.
“Copyrights” means, with respect to any Person, all of such Person’s right, title, and
interest in and to the following: (a) all copyrights, rights and interests in copyrights, works
protectable by copyright, copyright registrations, and copyright applications; (b) all renewals of
any of the foregoing; (c) all income, royalties, damages, and payments now or hereafter due and/or
payable under any of the foregoing, including, without limitation, damages or payments for past or
future infringements for any of the foregoing; (d) the right to xxx for past, present, and future
infringements of any of the foregoing; and (e) all rights corresponding to any of the foregoing
throughout the world.
“Default” means any event or condition which constitutes an Event of Default or which
upon notice, lapse of time or both would, unless cured or waived, become an Event of Default.
“Deposit Accounts” shall have the meaning set forth in Article 9 of the UCC.
“Documents” shall have the meaning set forth in Article 9 of the UCC.
“Equipment” shall have the meaning set forth in Article 9 of the UCC.
“Event of Default” means an event described in Section 5.1.
“Exhibit” refers to a specific exhibit to this Security Agreement, unless another
document is specifically referenced.
“Fixtures” shall have the meaning set forth in Article 9 of the UCC.
“General Intangibles” shall have the meaning set forth in Article 9 of the UCC.
“Goods” shall have the meaning set forth in Article 9 of the UCC.
“Instruments” shall have the meaning set forth in Article 9 of the UCC.
“Inventory” shall have the meaning set forth in Article 9 of the UCC.
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“Investment Property” shall have the meaning set forth in Article 9 of the UCC.
“Lenders” means the lenders party to the Credit Agreement and their successors and
assigns.
“Letter-of-Credit Rights” shall have the meaning set forth in Article 9 of the UCC.
“Licenses” means, with respect to any Person, all of such Person’s right, title, and
interest in and to (a) any and all licensing agreements or similar arrangements in and to its
Patents, Copyrights, or Trademarks, (b) all income, royalties, damages, claims, and payments now or
hereafter due or payable under and with respect thereto, including, without limitation, damages and
payments for past and future breaches thereof, and (c) all rights to xxx for past, present, and
future breaches thereof.
“Lock Boxes” shall have the meaning set forth in Section 7.1(a).
“Lock Box Agreements” shall have the meaning set forth in Section 7.1(a).
“Patents” means, with respect to any Person, all of such Person’s right, title, and
interest in and to: (a) any and all patents and patent applications; (b) all inventions and
improvements described and claimed therein; (c) all reissues, divisions, continuations, renewals,
extensions, and continuations-in-part thereof; (d) all income, royalties, damages, claims, and
payments now or hereafter due or payable under and with respect thereto, including, without
limitation, damages and payments for past and future infringements thereof; (e) all rights to xxx
for past, present, and future infringements thereof; and (f) all rights corresponding to any of the
foregoing throughout the world.
“Permitted Liens” means Liens permitted under Section 6.02 of the Credit Agreement.
“Pledged Collateral” means all Instruments, Securities and other Investment Property
of the Grantors, whether or not physically delivered to the Administrative Agent pursuant to this
Security Agreement; provided, however, Pledged Collateral shall not include more than 65% of the
issued and outstanding Equity Interests entitled to vote (within the meaning of Treas. Reg. Section
1.956-2(c)(2)) owned by each Grantor in each Foreign Subsidiary.
“Receivables” means the Accounts, Chattel Paper, Documents, Investment Property,
Instruments and any other rights or claims to receive money which are General Intangibles or which
are otherwise included as Collateral.
“Required Secured Parties” means (a) prior to an acceleration of the Obligations under
the Credit Agreement, the Required Lenders, (b) after an acceleration of the Obligations under the
Credit Agreement but prior to the date upon which the Credit Agreement has terminated by its terms
and all of the obligations thereunder have been paid in full, Lenders holding in the aggregate at
least a majority of the total of the Aggregate Credit Exposure, and (c) after the Credit Agreement
has terminated by its terms and all of the Obligations thereunder have been paid in full (whether
or not the Obligations under the Credit Agreement were ever accelerated), Lenders holding in the
aggregate at least a majority of the aggregate net early termination payments and all other amounts
then due and unpaid from any Grantor to the Lenders under Swap Agreement, as determined by the
Administrative Agent in its reasonable discretion.
“Section” means a numbered section of this Security Agreement, unless another document
is specifically referenced.
“Securities Accounts” has the meaning assigned to such term in Article 8 of the
UCC.
“Security” has the meaning set forth in Article 8 of the UCC.
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“Stock Rights” means all dividends, instruments or other distributions and any other
right or property which the Grantors shall receive or shall become entitled to receive for any
reason whatsoever with respect to, in substitution for or in exchange for any Equity Interest
constituting Collateral, any right to receive an Equity Interest and any right to receive earnings,
in which the Grantors now have or hereafter acquire any right, issued by an issuer of such Equity
Interest.
“Supporting Obligations” shall have the meaning set forth in Article 9 of the UCC.
“Trademarks” means, with respect to any Person, all of such Person’s right, title, and
interest in and to the following: (a) all trademarks (including service marks), trade names, trade
dress, and trade styles and the registrations and applications for registration thereof and the
goodwill of the business symbolized by the foregoing; (b) all licenses of the foregoing, whether as
licensee or licensor; (c) all renewals of the foregoing; (d) all income, royalties, damages, and
payments now or hereafter due or payable with respect thereto, including, without limitation,
damages, claims, and payments for past and future infringements thereof; (e) all rights to xxx for
past, present, and future infringements of the foregoing, including the right to settle suits
involving claims and demands for royalties owing; and (f) all rights corresponding to any of the
foregoing throughout the world.
“UCC” means the Uniform Commercial Code, as in effect from time to time, of the State
of New York or of any other state the laws of which are required as a result thereof to be applied
in connection with the attachment, perfection or priority of, or remedies with respect to,
Administrative Agent’s or any Lender’s Lien on any Collateral.
The foregoing definitions shall be equally applicable to both the singular and plural forms of
the defined terms.
ARTICLE II
GRANT OF SECURITY INTEREST
GRANT OF SECURITY INTEREST
To secure the prompt and complete payment and performance of the Secured Obligations, each
Grantor hereby pledges, assigns and grants to the Administrative Agent, on behalf of and for the
ratable benefit of the Lenders, a security interest in all of its right, title and interest in, to
and under all personal property and other assets, whether now owned by or owing to, or hereafter
acquired by or arising in favor of such Grantor (including under any trade name or derivations
thereof), and whether owned or consigned by or to, or leased from or to, such Grantor, and
regardless of where located (all of which will be collectively referred to as the
“Collateral”), including:
(i) | all Accounts; | ||
(ii) | all Chattel Paper; | ||
(iii) | all Copyrights, Patents and Trademarks; | ||
(iv) | all Documents; | ||
(v) | all Equipment; | ||
(vi) | all Fixtures; | ||
(vii) | all General Intangibles; | ||
(viii) | all Goods; | ||
(ix) | all Instruments; | ||
(x) | all Inventory; | ||
(xi) | all Investment Property; | ||
(xii) | all cash or cash equivalents; | ||
(xiii) | all letters of credit, Letter-of-Credit Rights and Supporting Obligations; |
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(xiv) | all Deposit Accounts with any bank or other financial institution; | ||
(xv) | all Securities Accounts with any bank or other financial institution; | ||
(xvi) | all Commercial Tort Claims; | ||
(xvii) | all Assigned Contracts; and | ||
(xviii) | and all accessions to, substitutions for and replacements, proceeds (including Stock Rights), insurance proceeds and products of the foregoing, together with all books and records, customer lists, credit files, computer files, programs, printouts and other computer materials and records related thereto and any General Intangibles at any time evidencing or relating to any of the foregoing. |
Notwithstanding anything herein to the contrary, in no event shall the Collateral include, and
no Grantor shall be deemed to have granted a security interest in, the following: (i) any of such
Grantor’s rights or interests in or under, any lease, license, contract or agreement to which such
Grantor is a party to the extent, but only to the extent that such a grant would, under the terms
of such lease, license, contract or agreement constitute or result in (a) the abandonment,
invalidation or unenforceability of any right, title or interest of such Grantor therein or (b) a
breach or termination pursuant to the terms of, or a default under such lease, license, contract or
agreement (other than to the extent that any such term would be rendered ineffective pursuant to
Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any
relevant jurisdiction or any other applicable law (including any bankruptcy or insolvency laws) or
principles of equity), provided that (x) immediately upon the ineffectiveness, lapse or
termination of any such provision, the Collateral shall include, and such Grantor shall be deemed
to have granted a security interest in, all such rights and interests as if such provision had
never been in effect and (y) to the extent that any such lease, license, contract or agreement
would otherwise constitute Collateral (but for the provisions of this paragraph), all proceeds
resulting from the sale or disposition by any Grantor of any rights of such Grantor under such
lease, license, contract or agreement shall constitute Collateral, (ii) any equipment or other
fixed or capital assets owned by a Grantor acquired after the date hereof that is subject to a Lien
securing a purchase money financing, project financing or capital or finance lease obligation
permitted to be incurred pursuant to the Credit Agreement if the contract or other agreement in
which such Lien is granted (or the documentation providing for such purchase money, project
financing or capital or finance lease obligation) prohibits the creation of any other Lien on such
property, provided, that immediately upon the ineffectiveness, lapse or termination of any
such provision, the Collateral shall include, and such Grantor shall be deemed to have granted a
security interest in, all such rights and interests as if such provision had never been in effect,
(iii) more than 65% of the issued and outstanding Equity Interests entitled to vote (within the
meaning of Treas. Reg. Section 1.956-2(c)(2)) in each Foreign Subsidiary, and (iv) any Trademark
applications filed in the U.S. Patent and Trademark Office on the basis of such Grantor’s
“intent-to-use” such trademark, unless and until acceptable evidence of use of the trademark has
been filed with and accepted by the U.S. Patent and Trademark Office pursuant to Section 1(c) or
Section 1(d) of the Xxxxxx Act (15 U.S.C. 1051, et seq.), to the extent that granting a lien in
such Trademark application prior to such filing would adversely affect the enforceability or
validity of such Trademark application.
ARTICLE III
REPRESENTATIONS AND WARRANTIES
REPRESENTATIONS AND WARRANTIES
Each Grantor represents and warrants to the Administrative Agent and the Lenders that:
3.1. Title, Perfection and Priority. Such Grantor has good and valid rights in or the
power to transfer the Collateral and title to the Collateral with respect to which it has purported
to grant a security interest hereunder, free and clear of all Liens except for Liens permitted
under Section 4.1(e), and has full power and authority to grant to the Administrative Agent the
security interest in such Collateral pursuant hereto. When financing statements have been filed in
the appropriate offices against such Grantor in the locations listed on Exhibit F, the
Administrative Agent will have a fully perfected first priority security interest in that
Collateral of the Grantor in which a security interest may be perfected by filing, subject only to
Liens permitted under Section 4.1(e).
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3.2. Type and Jurisdiction of Organization, Organizational and Identification Numbers.
The type of entity of such Grantor, its state of organization, the organizational number issued to
it by its state of organization and its federal employer identification number are set forth on
Exhibit A.
3.3. Principal Location. Such Grantor’s mailing address and the location of its
place of business (if it has only one) or its chief executive office (if it has more than one place
of business), are disclosed in Exhibit A; such Grantor has no other places of business
except those set forth in Exhibit A.
3.4. Collateral Locations. All of such Grantor’s locations where Collateral is
located are listed on Exhibit A. All of said locations are owned by such Grantor except
for locations (i) which are leased by the Grantor as lessee and designated in Part VII(b)
of Exhibit A and (ii) at which Inventory is held in a public warehouse or is otherwise held
by a bailee or on consignment as designated in Part VII(c) of Exhibit A.
3.5. Deposit Accounts; Securities Accounts; Lock Boxes. All of such Grantor’s Deposit
Accounts, Securities Accounts and Lock Boxes are listed on Exhibit B.
3.6. Exact Names. Such Grantor’s name in which it has executed this Security
Agreement is the exact name as it appears in such Grantor’s organizational documents, as amended,
as filed with such Grantor’s jurisdiction of organization. Such Grantor has not, during the past
five years, been known by or used any other corporate or fictitious name, or been a party to any
merger or consolidation, or been a party to any acquisition.
3.7. Letter-of-Credit Rights; Chattel Paper; Commercial Tort Claims. Exhibit
C-1 lists all Letter-of-Credit Rights and Chattel Paper of such Grantor having a value in
excess of $500,000, individually. Set forth on Exhibit C-2 is a description of each
Commercial Tort Claim of such Grantor having a value in excess of $500,000, individually (including
a listing of the parties, description of the dispute, and, if available, case number). All action
by the Grantor necessary or desirable to protect and perfect the Administrative Agent’s Lien on
each item listed on Exhibits C-1 and C-2 (including the delivery of all originals and the
placement of a legend on all Chattel Paper as required hereunder) has been duly taken. The
Administrative Agent will have a fully perfected first priority security interest in the Collateral
listed on Exhibits C-1 and C-2, subject only to Liens permitted under Section 4.1(e).
3.8. Accounts and Chattel Paper.
(a) The names of the obligors, amounts owing, due dates and other information with respect to
its Accounts and Chattel Paper are and will be correctly stated in all records of such Grantor
relating thereto and in all invoices and Collateral Reports with respect thereto furnished to the
Administrative Agent by such Grantor from time to time. As of the time when each Account or each
item of Chattel Paper arises, such Grantor shall be deemed to have represented and warranted that
such Account or Chattel Paper, as the case may be, and all records relating thereto, are genuine
and in all respects what they purport to be.
(b) With respect to its Accounts, except as specifically disclosed on the most recent
Collateral Report, (i) all Accounts are Eligible Accounts; (ii) all Accounts represent bona fide
sales of Inventory or rendering of services to Account Debtors in the ordinary course of such
Grantor’s business and are not evidenced by a judgment, Instrument or Chattel Paper; (iii) there
are no setoffs, claims or disputes existing or asserted with respect thereto and such Grantor has
not made any agreement with any Account Debtor for any extension of time for the payment thereof,
any compromise or settlement for less than the full amount thereof, any release of any Account
Debtor from liability therefor, or any deduction therefrom except a discount or allowance allowed
by such Grantor in the ordinary course of its business for prompt payment and disclosed to the
Administrative Agent; (iv) to such Grantor’s knowledge, there are no facts, events or occurrences
which in any way impair the validity or enforceability thereof or could reasonably be expected to
reduce the amount payable thereunder as shown on such Grantor’s books and records and any invoices,
statements and Collateral Reports with respect thereto; (v) such Grantor has not received any
notice of proceedings or actions which are threatened or pending against any Account Debtor which
might result in any adverse change in such Account Debtor’s financial condition; and (vi) such
Grantor has no knowledge that any Account Debtor is unable generally to pay its debts as they
become due.
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(c) In addition, with respect to all of its Accounts, (i) the amounts shown on all invoices,
statements and Collateral Reports with respect thereto are actually and absolutely owing to such
Grantor as indicated thereon and are not in any way contingent; (ii) no payments have been or shall
be made thereon except payments immediately delivered to a Lock Box as required pursuant to Section
7.1; and (iii) to such Grantor’s knowledge, all Account Debtors have the capacity to contract.
3.9. Inventory. With respect to any of its Inventory scheduled or listed on the most
recent Collateral Report, (a) such Inventory (other than Inventory in transit) is located at one of
such Grantor’s locations set forth on Exhibit A, (b) no Inventory (other than Inventory in
transit) is now, or shall at any time or times hereafter be stored at any other location except as
permitted by Section 4.1(g), (c) such Grantor has good, indefeasible and merchantable title to such
Inventory and such Inventory is not subject to any Lien or security interest or document whatsoever
except for the Lien granted to the Administrative Agent, for the benefit of the Administrative
Agent and Lenders, and except for Permitted Liens, (d) except as specifically disclosed in the most
recent Collateral Report, such Inventory is Eligible Inventory of good and merchantable quality,
free from any defects, (e) such Inventory is not subject to any licensing, patent, royalty,
trademark, trade name or copyright agreements with any third parties which would require any
consent of any third party upon sale or disposition of that Inventory or the payment of any monies
to any third party upon such sale or other disposition, (f) such Inventory has been substantially
produced in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all
rules, regulations and orders thereunder and (g) the completion of manufacture, sale or other
disposition of such Inventory by the Administrative Agent following an Event of Default shall not
require the consent of any Person and shall not constitute a breach or default under any contract
or agreement to which such Grantor is a party or to which such property is subject.
3.10. Intellectual Property. Such Grantor does not have any interest in, or title to,
any Patent, Trademark or Copyright except as set forth in Exhibit D, which exhibit shall be
delivered to the Administrative Agent not later than thirty (30) days after the Effective Date
pursuant to Section 4.7(f). This Security Agreement is effective to create a valid and continuing
Lien and, upon filing of appropriate financing statements in the offices listed on Exhibit
F and this Security Agreement with the United States Copyright Office and the United States
Patent and Trademark Office, fully perfected first priority security interests in favor of the
Administrative Agent on such Grantor’s Patents, Trademarks and Copyrights, such perfected security
interests are enforceable as such as against any and all creditors of and purchasers from such
Grantor; and all action necessary or desirable to protect and perfect the Administrative Agent’s
Lien on such Grantor’s Patents, Trademarks or Copyrights shall have been duly taken.
3.11. Filing Requirements. None of its Equipment is covered by any certificate of
title, except for motor vehicles having an aggregate value not in excess of $2,500,000. None of
the Collateral owned by it is of a type for which security interests or liens may be perfected by
filing under any federal statute except for (a) motor vehicles and (b) Patents, Trademarks and
Copyrights held by such Grantor and described in Exhibit D.
3.12. No Financing Statements, Security Agreements. No financing statement or
security agreement describing all or any portion of the Collateral which has not lapsed or been
terminated naming such Grantor as debtor has been filed or is of record in any jurisdiction except
(a) for financing statements or security agreements naming the Administrative Agent on behalf of
the Lenders as the secured party and (b) as permitted by Section 4.1(e).
3.13. Pledged Collateral.
(a) Exhibit E sets forth a complete and accurate list of all Pledged Collateral owned
by such Grantor. Such Grantor is the direct, sole beneficial owner and sole holder of record of
the Pledged Collateral listed on Exhibit E as being owned by it, free and clear of any
Liens, except for Permitted Liens. Such Grantor further represents and warrants that (i) all
Pledged Collateral owned by it constituting an Equity Interest has been (to the extent such
concepts are relevant with respect to such Pledged Collateral) duly authorized, validly issued, are
fully paid and non-assessable, (ii) with respect to any certificates delivered to the
Administrative Agent representing an Equity Interest, either such certificates are Securities as
defined in Article
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8 of the UCC as a result of actions by the issuer or otherwise, or, if such certificates are
not Securities, such Grantor has so informed the Administrative Agent so that the Administrative
Agent may take steps to perfect its security interest therein as a General Intangible, (iii) all
such Pledged Collateral held by a securities intermediary is covered by a Control Agreement among
such Grantor, the securities intermediary and the Administrative Agent pursuant to which the
Administrative Agent has Control and (iv) all Pledged Collateral which represents Indebtedness owed
to such Grantor has been duly authorized, authenticated or issued and delivered by the issuer of
such Indebtedness, is the legal, valid and binding obligation of such issuer and such issuer is not
in default thereunder.
(b) In addition, (i) none of the Pledged Collateral owned by it has been issued or transferred
in violation of the securities registration, securities disclosure or similar laws of any
jurisdiction to which such issuance or transfer may be subject, (ii) there are existing no options,
warrants, calls or commitments of any character whatsoever relating to such Pledged Collateral or
which obligate the issuer of any Equity Interest included in the Pledged Collateral to issue
additional Equity Interests, and (iii) no consent, approval, authorization, or other action by, and
no giving of notice, filing with, any governmental authority or any other Person is required for
the pledge by such Grantor of such Pledged Collateral pursuant to this Security Agreement or for
the execution, delivery and performance of this Security Agreement by such Grantor, or for the
exercise by the Administrative Agent of the voting or other rights provided for in this Security
Agreement or for the remedies in respect of the Pledged Collateral pursuant to this Security
Agreement, except as may be required in connection with such disposition by laws affecting the
offering and sale of securities generally.
(c) Except as set forth in Exhibit E, such Grantor owns 100% of the issued and
outstanding Equity Interests which constitute Pledged Collateral owned by it and none of the
Pledged Collateral which represents Indebtedness owed to such Grantor is subordinated in right of
payment to other Indebtedness or subject to the terms of an indenture.
ARTICLE IV
COVENANTS
COVENANTS
From the date of this Security Agreement, and thereafter until this Security Agreement is
terminated, each Grantor agrees that:
4.1. General.
(a) Collateral Records. Such Grantor will maintain complete and accurate books and
records with respect to the Collateral, and furnish to the Administrative Agent, with sufficient
copies for each of the Lenders, updates with respect to Exhibits X, X, X-0, X-0, X, X, X xxx
X hereto in accordance with Section 4.1(c) and such reports relating to such Collateral as the
Administrative Agent shall from time to time request.
(b) Authorization to File Financing Statements; Ratification. Such Grantor hereby
authorizes the Administrative Agent to file, and if requested will deliver to the Administrative
Agent, all financing statements and other documents and take such other actions as may from time to
time be requested by the Administrative Agent in order to maintain, subject to Permitted Liens, a
first perfected security interest in and, if applicable, Control of, the Collateral owned by such
Grantor. Any financing statement filed by the Administrative Agent may be filed in any filing
office in any UCC jurisdiction and may (i) indicate such Grantor’s Collateral (1) as all assets of
the Grantor or words of similar effect, regardless of whether any particular asset comprised in the
Collateral falls within the scope of Article 9 of the UCC or such jurisdiction, or (2) by any other
description which reasonably approximates the description contained in this Security Agreement, and
(ii) contain any other information required by part 5 of Article 9 of the UCC for the sufficiency
or filing office acceptance of any financing statement or amendment, including (A) whether such
Grantor is an organization, the type of organization and any organization identification number
issued to such Grantor, and (B) in the case of a financing statement filed as a fixture filing or
indicating such Grantor’s Collateral as as-extracted collateral or timber to be cut, a sufficient
description of real property to which the Collateral relates. Such Grantor also agrees to furnish
any such information to the Administrative Agent promptly upon request.
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Such Grantor also ratifies its authorization for the Administrative Agent to have filed in any
UCC jurisdiction any initial financing statements or amendments thereto if filed prior to the date
hereof.
(c) Further Assurances. Such Grantor will, if so requested by the Administrative
Agent, furnish to the Administrative Agent, as often as the Administrative Agent requests,
statements and schedules further identifying and describing the Collateral owned by it and such
other reports and information in connection with its Collateral as the Administrative Agent may
reasonably request, all in such detail as the Administrative Agent may specify. Such Grantor also
agrees to take any and all actions necessary to defend title to the Collateral against all persons
and to defend the security interest of the Administrative Agent in its Collateral and the priority
thereof against any Lien not expressly permitted hereunder. For purposes of this Security
Agreement, all references to Exhibits A, B, C-1, C-2, D, E, F and G hereto shall be deemed
to refer to each such exhibit as updated from time to time pursuant to supplements and amendments
delivered by the Grantor to the Administrative Agent.
(d) Disposition of Collateral. Such Grantor will not sell, lease or otherwise dispose
of the Collateral owned by it except for dispositions specifically permitted pursuant to Section
6.05 of the Credit Agreement.
(e) Liens. Such Grantor will not create, incur, or suffer to exist any Lien on the
Collateral owned by it except Permitted Liens.
(f) Other Financing Statements. Such Grantor will not authorize the filing of any
financing statement naming it as debtor covering all or any portion of the Collateral owned by it,
except as permitted by Section 4.1(e). Such Grantor acknowledges that it is not authorized to file
any financing statement or amendment or termination statement with respect to any financing
statement without the prior written consent of the Administrative Agent, subject to such Grantor’s
rights under Section 9-509(d)(2) of the UCC.
(g) Locations. Such Grantor will not (i) maintain any Collateral owned by it at any
location other than those locations listed on Exhibit A, (ii) otherwise change, or add to,
such locations without the Administrative Agent’s prior written consent as required by the Credit
Agreement (and if the Administrative Agent gives such consent, such Grantor will concurrently
therewith obtain a Collateral Access Agreement for each such location to the extent required by the
Credit Agreement), or (iii) change its principal place of business or chief executive office from
the location identified on Exhibit A, other than as permitted by the Credit Agreement.
(h) Compliance with Terms. Such Grantor will perform and comply with all obligations
in respect of the Collateral owned by it and all agreements to which it is a party or by which it
is bound relating to such Collateral.
4.2. Receivables.
(a) Certain Agreements on Receivables. Such Grantor will not make or agree to make
any discount, credit, rebate or other reduction in the original amount owing on a Receivable or
accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to
the occurrence of an Event of Default, such Grantor may discount or adjust the amount of Accounts
arising from the sale of Inventory in accordance with its present policies and in the ordinary
course of business.
(b) Collection of Receivables. Except as otherwise provided in this Security
Agreement, such Grantor will collect and enforce, at such Grantor’s sole expense, all amounts due
or hereafter due to such Grantor under the Receivables owned by it.
(c) Delivery of Invoices. Such Grantor will deliver to the Administrative Agent
immediately upon its request duplicate invoices with respect to each Account owned by it bearing
such language of assignment as the Administrative Agent shall specify.
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(d) Disclosure of Counterclaims on Receivables. If (i) any discount, credit or
agreement to make a rebate or to otherwise reduce the amount owing on any Receivable owned by such
Grantor exists or (ii) if, to the knowledge of such Grantor, any dispute, setoff, claim,
counterclaim or defense exists or has been asserted or threatened with respect to any such
Receivable, such Grantor will promptly disclose such fact to the Administrative Agent in writing.
Such Grantor shall send the Administrative Agent a copy of each credit memorandum in excess of
$500,000 as soon as issued, and such Grantor shall promptly report each credit memo and each of the
facts required to be disclosed to the Administrative Agent in accordance with this Section 4.2(d)
on the Borrowing Base Certificates submitted by it.
(e) Electronic Chattel Paper. Such Grantor shall take all steps necessary to grant
the Administrative Agent Control of all electronic chattel paper in accordance with the UCC and all
“transferable records” as defined in each of the Uniform Electronic Transactions Act and the
Electronic Signatures in Global and National Commerce Act.
4.3. Inventory and Equipment.
(a) Maintenance of Goods. Such Grantor will do all things necessary to maintain,
preserve, protect and keep its Inventory and the Equipment in good repair and working and saleable
condition, except for damaged or defective goods arising in the ordinary course of such Grantor’s
business and except for ordinary wear and tear in respect of the Equipment.
(b) Returned Inventory. If an Account Debtor returns any Inventory to such Grantor
when no Event of Default exists, then such Grantor shall promptly determine the reason for such
return and shall issue a credit memorandum to the Account Debtor in the appropriate amount. Such
Grantor shall immediately report to the Administrative Agent any return involving inventory having
a fair market value in excess of $500,000. Each such report shall indicate the reasons for the
returns and the locations and condition of the returned Inventory. In the event any Account Debtor
returns Inventory to such Grantor when an Event of Default exists, such Grantor, upon the request
of the Administrative Agent, shall: (i) hold the returned Inventory in trust for the Administrative
Agent; (ii) segregate all returned Inventory from all of its other property; (iii) dispose of the
returned Inventory solely according to the Administrative Agent’s written instructions; and (iv)
not issue any credits or allowances with respect thereto without the Administrative Agent’s prior
written consent. All returned Inventory shall be subject to the Administrative Agent’s Liens
thereon. Whenever any Inventory is returned, the related Account shall be deemed ineligible to the
extent of the amount owing by the Account Debtor with respect to such returned Inventory and such
returned Inventory shall not be Eligible Inventory.
(c) Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical
count of its Inventory at least once per fiscal year, and after and during the continuation of an
Event of Default, at such other times as the Administrative Agent requests. Such Grantor, at its
own expense, shall deliver to the Administrative Agent the results of each physical verification,
which such Grantor has made, or has caused any other Person to make on its behalf, of all or any
portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all
times.
(d) Equipment. Such Grantor shall promptly inform the Administrative Agent of any
additions to or deletions from its Equipment which individually exceed $2,500,000. Such Grantor
will not, without the Administrative Agent’s prior written consent, alter or remove any identifying
symbol or number on any of such Grantor’s Equipment constituting Collateral.
4.4. Delivery of Instruments, Securities, Chattel Paper and Documents. Such Grantor
will (a) deliver to the Administrative Agent promptly following the execution of this Security
Agreement the originals of (x) all Chattel Paper having a value in excess of $500,000 and (y) all
Securities and Instruments, in each case constituting Collateral owned by it (if any then exist),
(b) hold in trust for the Administrative Agent upon receipt and immediately thereafter deliver to
the Administrative Agent any such Chattel Paper, Securities and Instruments constituting
Collateral, (c) upon the Administrative Agent’s request, deliver to the Administrative Agent (and
thereafter hold in trust for the Administrative Agent upon receipt and immediately deliver to the
Administrative Agent) any Document evidencing or constituting Collateral and (d) upon the
Administrative
10
Agent’s request, deliver to the Administrative Agent a duly executed amendment to this
Security Agreement, in the form of Exhibit G hereto (the “Amendment”), pursuant to
which such Grantor will pledge such additional Collateral. Such Grantor hereby authorizes the
Administrative Agent to attach each Amendment to this Security Agreement and agrees that all
additional Collateral owned by it set forth in such Amendments shall be considered to be part of
the Collateral. Notwithstanding anything to the contrary contained in this Security Agreement or
any other Loan Document, not later than thirty (30) days after the Effective Date, such Grantor
shall deliver to the Administrative Agent the original certificates representing the Equity
Interests of Foreign Subsidiaries which constitute Pledged Collateral owned by such Grantor as of
the Effective Date, together with the executed undated powers for each such certificate.
4.5. Uncertificated Pledged Collateral.
(a) Such Grantor will cause the issuers of Equity Interests which constitute Pledged
Collateral owned by such Grantor to comply with any and all instructions originated by the
Administrative Agent regarding such Equity Interests, notwithstanding anything to the contrary in
any other agreement between such Grantor and such issuers. Such Grantor further agrees that it
shall cause the issuers of Equity Interests which constitute Pledged Collateral owned by such
Grantor not to certificate such Equity Interests or register any party other than such Grantor,
another Grantor or the Administrative Agent or the Administrative Agent’s designee as the
registered owner of any portion of such Equity Interests, or allow any party other than the
Administrative Agent or its designee to become the holder of any such Equity Interests or an
entitlement thereto, in each case without the prior written consent of the Administrative Agent.
(b) Such Grantor will permit the Administrative Agent from time to time to cause the
appropriate issuers (and, if held with a securities intermediary, such securities intermediary) of
uncertificated securities or other types of Pledged Collateral owned by it not represented by
certificates to xxxx their books and records with the numbers and face amounts of all such
uncertificated securities or other types of Pledged Collateral not represented by certificates and
all rollovers and replacements therefor to reflect the Lien of the Administrative Agent granted
pursuant to this Security Agreement. Without limiting the foregoing, such Grantor will, with
respect to any such Pledged Collateral held with a securities intermediary, cause such securities
intermediary to enter into a control agreement with the Administrative Agent, in form and substance
satisfactory to the Administrative Agent, giving the Administrative Agent Control.
(c) Each Grantor that is an issuer of uncertificated securities which constitute Pledged
Collateral hereby acknowledges and agrees that (i) the Administrative Agent shall be deemed to have
“control” over such uncertificated securities within the meaning of Section 8-106 of the UCC, (ii)
such Grantor shall comply with all instructions originated by the Administrative Agent regarding
such uncertificated securities, (iii) such Grantor shall market its books and records to reflect
the Lien of the Administrative Agent in such uncertificated securities, and (iv) such Grantor shall
not register any transfer of any portion of such uncertificated securities to any Person other than
to another Grantor or to the Administrative Agent or the Administrative Agent’s designee.
(d) Each of the parties hereto acknowledges and agrees that this Security Agreement evidences
the Administrative Agent’s “control” over all “uncertificated securities” and “investment property”
constituting Pledged Collateral in accordance with the applicable provisions of, and as such terms
are defined in, Articles 8 and 9 of the UCC.
4.6. Pledged Collateral.
(a) Changes in Capital Structure of Issuers. Except as otherwise permitted under the
terms of the Credit Agreement, such Grantor will not (i) permit or suffer any issuer of an Equity
Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of
its Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital,
sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of
assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii)
vote any such Pledged Collateral in favor of any of the foregoing.
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(b) Issuance of Additional Securities. Such Grantor will not permit or suffer the
issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity
Interests, any right to receive the same or any right to receive earnings, except to such Grantor
or another Grantor.
(c) Registration of Pledged Collateral. Such Grantor will permit any registrable
Pledged Collateral owned by it to be registered in the name of the Administrative Agent or its
nominee at any time at the option of the Required Secured Parties.
(d) Exercise of Rights in Pledged Collateral.
(i) Without in any way limiting the foregoing and subject to clause (ii) below, such
Grantor shall have the right to exercise all voting rights or other rights relating to the
Pledged Collateral owned by it for all purposes not inconsistent with this Security
Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote
or other right shall be exercised or action taken which would have the effect of impairing
the rights of the Administrative Agent in respect of such Pledged Collateral.
(ii) Such Grantor will permit the Administrative Agent or its nominee at any time after
the occurrence and during the continuance of an Event of Default, without notice, to
exercise all voting rights or other rights relating to the Pledged Collateral owned by it,
including, without limitation, exchange, subscription or any other rights, privileges, or
options pertaining to any Equity Interest or Investment Property constituting such Pledged
Collateral as if it were the absolute owner thereof.
(iii) Such Grantor shall be entitled to collect and receive for its own use all cash
dividends and interest paid in respect of the Pledged Collateral owned by it to the extent
not in violation of the Credit Agreement other than any of the following
distributions and payments (collectively referred to as the “Excluded Payments”):
(A) dividends and interest paid or payable other than in cash in respect of such Pledged
Collateral, and instruments and other property received, receivable or otherwise distributed
in respect of, or in exchange for, any Pledged Collateral; (B) dividends and other
distributions paid or payable in cash in respect of such Pledged Collateral in connection
with a partial or total liquidation or dissolution or in connection with a reduction of
capital, capital surplus or paid-in capital of an issuer; and (C) cash paid, payable or
otherwise distributed, in respect of principal of, or in redemption of, or in exchange for,
such Pledged Collateral; provided however, that until actually paid, all rights to such
distributions shall remain subject to the Lien created by this Security Agreement; and
(iv) All Excluded Payments and all other distributions in respect of any of the Pledged
Collateral owned by such Grantor, whenever paid or made, shall be delivered to the
Administrative Agent to hold as Pledged Collateral and shall, if received by such Grantor,
be received in trust for the benefit of the Administrative Agent, be segregated from the
other property or funds of such Grantor, and be forthwith delivered to the Administrative
Agent as Pledged Collateral in the same form as so received (with any necessary
endorsement).
4.7. Intellectual Property.
(a) Such Grantor will use its best efforts to secure all consents and approvals necessary or
appropriate for the assignment to or benefit of the Administrative Agent of any License held by
such Grantor and to enforce the security interests granted hereunder; provided, however, that the
foregoing shall not apply to any License for the use of intellectual property where such License is
for the use of intellectual property that is commercially available.
(b) Such Grantor shall notify the Administrative Agent immediately if it knows or has reason
to know that any application or registration relating to any Patent, Trademark or Copyright (now or
hereafter existing) may become abandoned or dedicated, or of any adverse determination or
development (including the institution of, or any such determination or development in, any
proceeding in the United States Patent and Trademark Office, the United States Copyright Office or
any court) regarding such Grantor’s
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ownership of any Patent, Trademark or Copyright, its right to register the same, or to keep
and maintain the same.
(c) In no event shall such Grantor, either directly or through any agent, employee, licensee
or designee, file an application for the registration of any Patent, Trademark or Copyright with
the United States Patent and Trademark Office, the United States Copyright Office or any similar
office or agency without giving the Administrative Agent prior written notice thereof, and, upon
request of the Administrative Agent, such Grantor shall execute and deliver any and all security
agreements as the Administrative Agent may request to evidence the Administrative Agent’s first
priority security interest on such Patent, Trademark or Copyright, and the General Intangibles of
such Grantor relating thereto or represented thereby.
(d) Such Grantor shall take all actions necessary or requested by the Administrative Agent to
maintain and pursue each application, to obtain the relevant registration and to maintain the
registration of each of its Patents, Trademarks and Copyrights (now or hereafter existing),
including the filing of applications for renewal, affidavits of use, affidavits of
noncontestability and opposition and interference and cancellation proceedings, except if such
Patent, Trademark or Copyright is not material to the conduct of such Grantor’s business.
(e) Such Grantor shall, unless it shall reasonably determine that such Patent, Trademark or
Copyright is in no way material to the conduct of its business or operations, promptly xxx for
infringement, misappropriation or dilution and to recover any and all damages for such
infringement, misappropriation or dilution, and shall take such other actions as the Administrative
Agent shall deem appropriate under the circumstances to protect such Patent, Trademark or
Copyright. In the event that such Grantor institutes suit because any of its Patents, Trademarks
or Copyrights constituting Collateral is infringed upon, or misappropriated or diluted by a third
party, such Grantor shall comply with Section 4.8.
(f) Notwithstanding anything to the contrary contained in this Security Agreement or any other
Loan Document, not later than thirty (30) days after the Effective Date, such Grantor shall (i)
deliver to the Administrative Agent the results of patent and trademark searches of the U.S. Patent
and Trademark Office databases, evidencing its ownership of all Patents and Trademarks held by such
Grantor, together with a true, correct and complete listing of all Patents and Trademarks
(including any licenses of the foregoing) in which such Grantor has an ownership interest, which
listing shall be attached to this Security Agreement as Exhibit D, and (ii) execute and
deliver in favor of the Administrative Agent (x) a patent security agreement and (y) a trademark
security agreement, in each case in form and substance reasonably satisfactory to the
Administrative Agent.
4.8. Commercial Tort Claims. Such Grantor shall promptly, and in any event within
fifteen (15) Business Days after the same is acquired by it, notify the Administrative Agent of any
Commercial Tort Claim acquired by it having a value in excess of $500,000 and, unless the
Administrative Agent otherwise consents, such Grantor shall enter into an amendment to this
Security Agreement, in the form of Exhibit G hereto, granting to Administrative Agent a
first priority security interest in such commercial tort claim.
4.9. Letter-of-Credit Rights. If such Grantor is or becomes the beneficiary of a
letter of credit having a value in excess of $500,000, it shall promptly, and in any event within
two Business Days after becoming a beneficiary, notify the Administrative Agent thereof and cause
the issuer and/or confirmation bank to (i) consent to the assignment of any Letter-of-Credit Rights
to the Administrative Agent and (ii) agree to direct all payments thereunder to a Deposit Account
at the Administrative Agent or subject to a Control Agreement for application to the Secured
Obligations, in accordance with Section 2.18 of the Credit Agreement, all in form and substance
reasonably satisfactory to the Administrative Agent.
4.10. Federal, State or Municipal Claims. Such Grantor will promptly notify the
Administrative Agent of any Collateral which constitutes a claim against the United States
government or any state or local government or any instrumentality or agency thereof having a value
in excess of $1,000,000, the assignment of which claim is restricted by federal, state or municipal
law.
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4.11. No Interference. Such Grantor agrees that it will not interfere with any right,
power and remedy of the Administrative Agent provided for in this Security Agreement or now or
hereafter existing at law or in equity or by statute or otherwise, or the exercise or beginning of
the exercise by the Administrative Agent of any one or more of such rights, powers or remedies.
4.12. Insurance.
(a) In the event any Collateral is located in any area that has been designated by the Federal
Emergency Management Agency as a “Special Flood Hazard Area”, such Grantor shall purchase and
maintain flood insurance on such Collateral (including any personal property which is located on
any real property leased by such Loan Party within a “Special Flood Hazard Area”). The amount of
flood insurance required by this Section shall be in an amount equal to the lesser of the total
Commitment or the total replacement cost value of the improvements.
(b) All insurance policies required hereunder and under Section 5.09 of the Credit Agreement
shall name the Administrative Agent (for the benefit of the Administrative Agent and the Lenders)
as an additional insured or as loss payee, as applicable, and shall contain loss payable clauses or
mortgagee clauses, through endorsements in form and substance satisfactory to the Administrative
Agent, which provide that: (i) all proceeds thereunder with respect to any Collateral shall be
payable to the Administrative Agent to be held, remitted to the Grantors or applied against the
Secured Obligations as provided in the Credit Agreement; (ii) no such insurance shall be affected
by any act or neglect of the insured or owner of the property described in such policy; and (iii)
such policy and loss payable or mortgagee clauses may be canceled, amended, or terminated only upon
at least thirty (30) days prior written notice given to the Administrative Agent.
(c) All premiums on any such insurance shall be paid when due by such Grantor, and copies of
the policies delivered to the Administrative Agent. If such Grantor fails to obtain any insurance
as required by this Section, the Administrative Agent may obtain such insurance at the Grantor’s
expense. By purchasing such insurance, the Administrative Agent shall not be deemed to have waived
any Default arising from the Grantor’s failure to maintain such insurance or pay any premiums
therefor.
4.13. Collateral Access Agreements. Such Grantor shall use commercially reasonable
efforts to obtain, within 120 days following the Closing Date, a Collateral Access Agreement, from
(x) the lessor of each leased property and (y) from any bailee or consignee with respect to any
warehouse, processor or converter facility or other location, in each case where inventory having a
fair market value in excess of $500,000 is stored or located or where machinery or equipment having
a fair market value in excess of $500,000 is stored or located, which agreement or letter shall
provide access rights, contain a waiver or subordination of all Liens or claims that the landlord,
bailee or consignee may assert against the Collateral at that location, and shall otherwise be
reasonably satisfactory in form and substance to the Administrative Agent. After the Closing Date,
no real property or warehouse space shall be leased by such Grantor and no Inventory shall be
shipped to a processor or converter under arrangements established after the Closing Date, unless
and until a satisfactory Collateral Access Agreement shall first have been obtained with respect to
such location (unless the fair market value of the inventory at such location, or the fair market
value of the machinery and equipment at such location, is less than $500,000). Notwithstanding the
foregoing, if a Collateral Access Agreement has not been obtained with respect to any location
where inventory is stored or located, Eligible Inventory at that location shall be subject to the
establishment of Reserves acceptable to the Administrative Agent. Such Grantor shall timely and
fully pay and perform its obligations under all leases and other agreements with respect to each
leased location or third party warehouse where any Collateral is or may be located.
4.14. Control Agreements. Such Grantor will provide to the Administrative Agent
Control Agreements to the extent required under Section 5.12 of the Credit Agreement.
4.15. Change of Name or Location; Change of Fiscal Year. Except as otherwise
expressly permitted under the Credit Agreement, such Grantor shall not (a) change its name as it
appears in official filings in the state of its incorporation or organization, (b) change its chief
executive office, principal place of business, mailing address, corporate offices or warehouses or
locations at which Collateral is held or stored, or the
14
location of its records concerning the Collateral as set forth in the Security Agreement, (c)
change the type of entity that it is, (d) change its organization identification number, if any,
issued by its state of incorporation or other organization, or (e) change its state of
incorporation or organization, in each case, unless the Administrative Agent shall have received at
least twenty (20) days prior written notice of such change and the Administrative Agent shall have
acknowledged in writing that either (1) such change will not adversely affect the validity,
perfection or priority of the Administrative Agent’s security interest in the Collateral, or (2)
any reasonable action requested by the Administrative Agent in connection therewith has been
completed or taken (including any action to continue the perfection of any Liens in favor of the
Administrative Agent, on behalf of Lenders, in any Collateral), provided that, any new location
shall be in the continental U.S. Such Grantor shall not change its fiscal year which currently
ends on December 31.
4.16. Assigned Contracts. Such Grantor will use its best efforts to secure all
consents and approvals necessary or appropriate for the assignment to or for the benefit of the
Administrative Agent of any Assigned Contract held by such Grantor and to enforce the security
interests granted hereunder, except where the failure to obtain such consent or approval could not
reasonably be expected to result in a Material Adverse Effect. Such Grantor shall fully perform
all of its obligations under each of its Assigned Contracts, and shall enforce all of its rights
and remedies thereunder, in each case, as it deems appropriate in its business judgment; provided
however, that such Grantor shall not take any action or fail to take any action with respect to its
Assigned Contracts which would cause the termination of an Assigned Contract unless the Grantor
shall have reasonably determined that the termination of such Assigned Contract would not have a
Material Adverse Effect. Without limiting the generality of the foregoing, such Grantor shall take
all action necessary or appropriate to permit, and shall not take any action which would have any
materially adverse effect upon, the full enforcement of all indemnification rights under its
Assigned Contracts. Such Grantor shall notify the Administrative Agent and the Lenders in writing,
promptly after such Grantor becomes aware thereof, of any event or fact which could give rise to a
claim by it for indemnification in an amount in excess of $500,000 under any of its Assigned
Contracts, and shall diligently pursue such right to recover such claim and report to the
Administrative Agent on all further developments with respect thereto. If Full Cash Dominion shall
be in effect, such Grantor shall deposit into a Deposit Account at the Administrative Agent or
subject to a Control Agreement for application to the Secured Obligations, in accordance with
Section 2.18 of the Credit Agreement, all amounts received by such Grantor as indemnification or
otherwise pursuant to its Assigned Contracts. If such Grantor shall fail after the Administrative
Agent’s demand to pursue diligently any right under its Assigned Contracts, or if an Event of
Default then exists, the Administrative Agent may, and at the direction of the Required Secured
Parties shall, directly enforce such right in its own or such Grantor’s name and may enter into
such settlements or other agreements with respect thereto as the Administrative Agent or the
Required Secured Parties, as applicable, shall determine. In any suit, proceeding or action
brought by the Administrative Agent for the benefit of the Lenders under any Assigned Contract for
any sum owing thereunder or to enforce any provision thereof, such Grantor shall indemnify and hold
the Administrative Agent and Lenders harmless from and against all expense, loss or damage suffered
by reason of any defense, setoff, counterclaims, recoupment, or reduction of liability whatsoever
of the obligor thereunder arising out of a breach by such Grantor of any obligation thereunder or
arising out of any other agreement, indebtedness or liability at any time owing from such Grantor
to or in favor of such obligor or its successors. All such obligations of such Grantor shall be
and remain enforceable only against such Grantor and shall not be enforceable against the
Administrative Agent or the Lenders. Notwithstanding any provision hereof to the contrary, such
Grantor shall at all times remain liable to observe and perform all of its duties and obligations
under its Assigned Contracts, and the Administrative Agent’s or any Lender’s exercise of any of
their respective rights with respect to the Collateral shall not release such Grantor from any of
such duties and obligations. Neither the Administrative Agent nor any Lender shall be obligated to
perform or fulfill any of such Grantor’s duties or obligations under its Assigned Contracts or to
make any payment thereunder, or to make any inquiry as to the nature or sufficiency of any payment
or property received by it thereunder or the sufficiency of performance by any party thereunder, or
to present or file any claim, or to take any action to collect or enforce any performance, any
payment of any amounts, or any delivery of any property.
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ARTICLE V
EVENTS OF DEFAULT AND REMEDIES
EVENTS OF DEFAULT AND REMEDIES
5.1. Events of Default. The occurrence of any one or more of the following events
shall constitute an Event of Default hereunder:
(a) Any representation or warranty made by or on behalf of any Grantor under or in connection
with this Security Agreement shall be materially false as of the date on which made.
(b) The breach by any Grantor of any of the terms or provisions of Article IV or
Article VII.
(c) The breach by any Grantor (other than a breach which constitutes an Event of Default under
any other Section of this Article V) of any of the terms or provisions of this Security
Agreement which is not remedied within twenty (20) days after such breach.
(d) The occurrence of any “Event of Default” under, and as defined in, the Credit Agreement.
(e) Any Equity Interest which is included within the Collateral shall at any time constitute a
Security or the issuer of any such Equity Interest shall take any action to have such interests
treated as a Security unless (i) all certificates or other documents constituting such Security
have been delivered to the Administrative Agent and such Security is properly defined as such under
Article 8 of the UCC of the applicable jurisdiction, whether as a result of actions by the issuer
thereof or otherwise, or (ii) the Administrative Agent has entered into a control agreement with
the issuer of such Security or with a securities intermediary relating to such Security and such
Security is defined as such under Article 8 of the UCC of the applicable jurisdiction, whether as a
result of actions by the issuer thereof or otherwise.
5.2. Remedies.
(a) Upon the occurrence and during the continuance of an Event of Default, the Administrative
Agent may exercise any or all of the following rights and remedies:
(i) those rights and remedies provided in this Security Agreement, the Credit
Agreement, or any other Loan Document; provided that, this Section 5.2(a) shall not be
understood to limit any rights or remedies available to the Administrative Agent and the
Lenders prior to an Event of Default;
(ii) those rights and remedies available to a secured party under the UCC (whether or
not the UCC applies to the affected Collateral) or under any other applicable law
(including, without limitation, any law governing the exercise of a bank’s right of setoff
or bankers’ lien) when a debtor is in default under a security agreement;
(iii) give notice of sole control or any other instruction under any Control Agreement
or and other control agreement with any securities intermediary and take any action therein
with respect to such Collateral;
(iv) without notice (except as specifically provided in Section 8.1 or elsewhere
herein), demand or advertisement of any kind to any Grantor or any other Person, enter the
premises of any Grantor where any Collateral is located (through self-help and without
judicial process) to collect, receive, assemble, process, appropriate, sell, lease, assign,
grant an option or options to purchase or otherwise dispose of, deliver, or realize upon,
the Collateral or any part thereof in one or more parcels at public or private sale or sales
(which sales may be adjourned or continued from time to time with or without notice and may
take place at any Grantor’s premises or elsewhere), for cash, on credit or for
16
future delivery without assumption of any credit risk, and upon such other terms as the
Administrative Agent may deem commercially reasonable; and
(v) concurrently with written notice to the applicable Grantor, transfer and register
in its name or in the name of its nominee the whole or any part of the Pledged Collateral,
to exchange certificates or instruments representing or evidencing Pledged Collateral for
certificates or instruments of smaller or larger denominations, to exercise the voting and
all other rights as a holder with respect thereto, to collect and receive all cash
dividends, interest, principal and other distributions made thereon and to otherwise act
with respect to the Pledged Collateral as though the Administrative Agent was the outright
owner thereof.
(b) The Administrative Agent, on behalf of the Lenders, may comply with any applicable state
or federal law requirements in connection with a disposition of the Collateral and compliance will
not be considered to adversely affect the commercial reasonableness of any sale of the Collateral.
(c) The Administrative Agent shall have the right upon any such public sale or sales and, to
the extent permitted by law, upon any such private sale or sales, to purchase for the benefit of
the Administrative Agent and the Lenders, the whole or any part of the Collateral so sold, free of
any right of equity redemption, which equity redemption the Grantor hereby expressly releases.
(d) Until the Administrative Agent is able to effect a sale, lease, or other disposition of
Collateral, the Administrative Agent shall have the right to hold or use Collateral, or any part
thereof, to the extent that it deems appropriate for the purpose of preserving Collateral or its
value or for any other purpose deemed appropriate by the Administrative Agent. The Administrative
Agent may, if it so elects, seek the appointment of a receiver or keeper to take possession of
Collateral and to enforce any of the Administrative Agent’s remedies (for the benefit of the
Administrative Agent and Lenders), with respect to such appointment without prior notice or hearing
as to such appointment.
(e) If, after the Credit Agreement has terminated by its terms and all of the Obligations have
been paid in full, there remain Swap Obligations outstanding, the Required Secured Parties may
exercise the remedies provided in this Section 5.2 upon the occurrence of any event which would
allow or require the termination or acceleration of any Swap Obligations pursuant to the terms of
the Swap Agreement.
(f) Notwithstanding the foregoing, neither the Administrative Agent nor the Lenders shall be
required to (i) make any demand upon, or pursue or exhaust any of their rights or remedies against,
any Grantor, any other obligor, guarantor, pledgor or any other Person with respect to the payment
of the Secured Obligations or to pursue or exhaust any of their rights or remedies with respect to
any Collateral therefor or any direct or indirect guarantee thereof, (ii) marshal the Collateral or
any guarantee of the Secured Obligations or to resort to the Collateral or any such guarantee in
any particular order, or (iii) effect a public sale of any Collateral.
(g) Each Grantor recognizes that the Administrative Agent may be unable to effect a public
sale of any or all the Pledged Collateral and may be compelled to resort to one or more private
sales thereof in accordance with clause (a) above. Each Grantor also acknowledges that any
private sale may result in prices and other terms less favorable to the seller than if such sale
were a public sale and, notwithstanding such circumstances, agrees that any such private sale shall
not be deemed to have been made in a commercially unreasonable manner solely by virtue of such sale
being private. The Administrative Agent shall be under no obligation to delay a sale of any of the
Pledged Collateral for the period of time necessary to permit any Grantor or the issuer of the
Pledged Collateral to register such securities for public sale under the Securities Act of 1933, as
amended, or under applicable state securities laws, even if the applicable Grantor and the issuer
would agree to do so.
5.3. Grantor’s Obligations Upon Default. Upon the request of the Administrative Agent
after the occurrence and during the continuance of an Event of Default, each Grantor will:
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(a) assemble and make available to the Administrative Agent the Collateral and all books and
records relating thereto at any place or places specified by the Administrative Agent, whether at a
Grantor’s premises or elsewhere;
(b) permit the Administrative Agent, by the Administrative Agent’s representatives and agents,
to enter, occupy and use any premises where all or any part of the Collateral, or the books and
records relating thereto, or both, are located, to take possession of all or any part of the
Collateral or the books and records relating thereto, or both, to remove all or any part of the
Collateral or the books and records relating thereto, or both, and to conduct sales of the
Collateral, without any obligation to pay the Grantor for such use and occupancy;
(c) prepare and file, or cause an issuer of Pledged Collateral to prepare and file, with the
Securities and Exchange Commission or any other applicable government agency, registration
statements, a prospectus and such other documentation in connection with the Pledged Collateral as
the Administrative Agent may request, all in form and substance satisfactory to the Administrative
Agent, and furnish to the Administrative Agent, or cause an issuer of Pledged Collateral to furnish
to the Administrative Agent, any information regarding the Pledged Collateral in such detail as the
Administrative Agent may specify;
(d) take, or cause an issuer of Pledged Collateral to take, any and all actions necessary to
register or qualify the Pledged Collateral to enable the Administrative Agent to consummate a
public sale or other disposition of the Pledged Collateral; and
(e) at its own expense, cause the independent certified public accountants then engaged by
each Grantor to prepare and deliver to the Administrative Agent and each Lender, at any time, and
from time to time, promptly upon the Administrative Agent’s request, the following reports with
respect to the applicable Grantor: (i) a reconciliation of all Accounts; (ii) an aging of all
Accounts; (iii) trial balances; and (iv) a test verification of such Accounts.
5.4. Grant of Intellectual Property License. For the purpose of enabling the
Administrative Agent to exercise the rights and remedies under this Article V following the
occurrence and during the continuance of an Event of Default, each Grantor hereby (a) grants to the
Administrative Agent, for the benefit of the Administrative Agent and the Lenders, an irrevocable,
nonexclusive license (exercisable without payment of royalty or other compensation to any Grantor)
to use, license or sublicense any intellectual property rights now owned or hereafter acquired by
such Grantor, and wherever the same may be located, and including in such license access to all
media in which any of the licensed items may be recorded or stored and to all computer software and
programs used for the compilation or printout thereof and (b) irrevocably agrees that the
Administrative Agent may sell any of such Grantor’s Inventory directly to any person, including
without limitation persons who have previously purchased the Grantor’s Inventory from such Grantor
and in connection with any such sale or other enforcement of the Administrative Agent’s rights
under this Security Agreement, may sell Inventory which bears any Trademark owned by or licensed to
such Grantor and any Inventory that is covered by any Copyright owned by or licensed to such
Grantor and the Administrative Agent may finish any work in process and affix any Trademark owned
by or licensed to such Grantor and sell such Inventory as provided herein.
ARTICLE VI
ACCOUNT VERIFICATION; ATTORNEY IN FACT; PROXY
ACCOUNT VERIFICATION; ATTORNEY IN FACT; PROXY
6.1. Account Verification. The Administrative Agent may at any time, in the
Administrative Agent’s own name, in the name of a nominee of the Administrative Agent, or in the
name of any Grantor communicate (by mail, telephone, facsimile or otherwise) with the Account
Debtors of any such Grantor, parties to contracts with any such Grantor and obligors in respect of
Instruments of any such Grantor to verify with such Persons, to the Administrative Agent’s
satisfaction, the existence, amount, terms of, and any other matter relating to, Accounts,
Instruments, Chattel Paper, payment intangibles and/or other Receivables; provided that, unless an
Event of Default shall have occurred and be continuing, the Administrative Agent shall notify the
Grantors prior to contacting Account Debtors.
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6.2. Authorization for Secured Party to Take Certain Action.
(a) Each Grantor irrevocably authorizes the Administrative Agent at any time and from time to
time in the sole discretion of the Administrative Agent and appoints the Administrative Agent as
its attorney in fact (i) to execute on behalf of such Grantor as debtor and to file financing
statements necessary or desirable in the Administrative Agent’s sole discretion to perfect and to
maintain the perfection and priority of the Administrative Agent’s security interest in the
Collateral, (ii) to endorse and collect any cash proceeds of the Collateral, (iii) to file a
carbon, photographic or other reproduction of this Security Agreement or any financing statement
with respect to the Collateral as a financing statement and to file any other financing statement
or amendment of a financing statement (which does not add new collateral or add a debtor) in such
offices as the Administrative Agent in its sole discretion deems necessary or desirable to perfect
and to maintain the perfection and priority of the Administrative Agent’s security interest in the
Collateral, (iv) to contact and enter into one or more agreements with the issuers of
uncertificated securities which are Pledged Collateral or with securities intermediaries holding
Pledged Collateral as may be necessary or advisable to give the Administrative Agent Control over
such Pledged Collateral, (v) to apply the proceeds of any Collateral received by the Administrative
Agent to the Secured Obligations as provided in Section 7.4, (vi) to discharge past due taxes,
assessments, charges, fees or Liens on the Collateral (except for such Liens as are specifically
permitted hereunder), (vii) to contact Account Debtors for any reason, (viii) to demand payment or
enforce payment of the Receivables in the name of the Administrative Agent or such Grantor and to
endorse any and all checks, drafts, and other instruments for the payment of money relating to the
Receivables, (ix) to sign such Grantor’s name on any invoice or xxxx of lading relating to the
Receivables, drafts against any Account Debtor of the Grantor, assignments and verifications of
Receivables, (x) to exercise all of such Grantor’s rights and remedies with respect to the
collection of the Receivables and any other Collateral, (xi) to settle, adjust, compromise, extend
or renew the Receivables, (xii) to settle, adjust or compromise any legal proceedings brought to
collect Receivables, (xiii) to prepare, file and sign such Grantor’s name on a proof of claim in
bankruptcy or similar document against any Account Debtor of such Grantor, (xiv) to prepare, file
and sign such Grantor’s name on any notice of Lien, assignment or satisfaction of Lien or similar
document in connection with the Receivables, (xv) to change the address for delivery of mail
addressed to such Grantor to such address as the Administrative Agent may designate and to receive,
open and dispose of all mail addressed to such Grantor, and (xvi) to do all other acts and things
necessary to carry out this Security Agreement; and such Grantor agrees to reimburse the
Administrative Agent on demand for any payment made or any expense incurred by the Administrative
Agent in connection with any of the foregoing; provided that, this authorization shall not relieve
such Grantor of any of its obligations under this Security Agreement or under the Credit Agreement.
(b) All acts of said attorney or designee are hereby ratified and approved. The powers
conferred on the Administrative Agent, for the benefit of the Administrative Agent and Lenders,
under this Section 6.2 are solely to protect the Administrative Agent’s interests in the Collateral
and shall not impose any duty upon the Administrative Agent or any Lender to exercise any such
powers. The Administrative Agent agrees that, except for the powers granted in Section
6.2(a)(i)-(vi), 6.2(a)(vii) solely with respect to periodic account verifications with prior notice
to the Grantors, and Section 6.2(a)(xvi), it shall not exercise any power or authority granted to
it unless an Event of Default has occurred and is continuing.
6.3. Proxy. EACH GRANTOR HEREBY IRREVOCABLY CONSTITUTES AND APPOINTS THE
ADMINISTRATIVE AGENT AS ITS PROXY AND ATTORNEY-IN-FACT (AS SET FORTH IN SECTION 6.2 ABOVE) WITH
RESPECT TO ITS PLEDGED COLLATERAL, INCLUDING THE RIGHT TO VOTE SUCH PLEDGED COLLATERAL, WITH FULL
POWER OF SUBSTITUTION TO DO SO. IN ADDITION TO THE RIGHT TO VOTE ANY SUCH PLEDGED COLLATERAL, THE
APPOINTMENT OF THE ADMINISTRATIVE AGENT AS PROXY AND ATTORNEY-IN-FACT SHALL INCLUDE THE RIGHT TO
EXERCISE ALL OTHER RIGHTS, POWERS, PRIVILEGES AND REMEDIES TO WHICH A HOLDER OF SUCH PLEDGED
COLLATERAL WOULD BE ENTITLED (INCLUDING GIVING OR WITHHOLDING WRITTEN CONSENTS OF SHAREHOLDERS,
CALLING SPECIAL MEETINGS OF SHAREHOLDERS AND VOTING AT SUCH MEETINGS). SUCH PROXY SHALL BE
EFFECTIVE, AUTOMATICALLY AND WITHOUT THE NECESSITY OF ANY ACTION (INCLUDING ANY TRANSFER OF ANY
SUCH PLEDGED COLLATERAL ON THE RECORD BOOKS OF THE ISSUER
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THEREOF) BY ANY PERSON (INCLUDING THE ISSUER OF SUCH PLEDGED COLLATERAL OR ANY OFFICER OR
AGENT THEREOF), UPON THE OCCURRENCE OF A DEFAULT.
6.4. Nature of Appointment; Limitation of Duty. THE APPOINTMENT OF THE ADMINISTRATIVE
AGENT AS PROXY AND ATTORNEY-IN-FACT IN THIS ARTICLE VI IS COUPLED WITH AN INTEREST AND
SHALL BE IRREVOCABLE UNTIL THE DATE ON WHICH THIS SECURITY AGREEMENT IS TERMINATED IN ACCORDANCE
WITH SECTION 8.14. NOTWITHSTANDING ANYTHING CONTAINED HEREIN, NEITHER THE ADMINISTRATIVE AGENT, NOR
ANY LENDER, NOR ANY OF THEIR RESPECTIVE AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR
REPRESENTATIVES SHALL HAVE ANY DUTY TO EXERCISE ANY RIGHT OR POWER GRANTED HEREUNDER OR OTHERWISE
OR TO PRESERVE THE SAME AND SHALL NOT BE LIABLE FOR ANY FAILURE TO DO SO OR FOR ANY DELAY IN DOING
SO, EXCEPT IN RESPECT OF DAMAGES ATTRIBUTABLE SOLELY TO THEIR OWN GROSS NEGLIGENCE OR WILLFUL
MISCONDUCT AS DETERMINED BY A COURT OF COMPETENT JURISDICTION; PROVIDED THAT, IN NO EVENT SHALL
THEY BE LIABLE FOR ANY PUNITIVE, EXEMPLARY, INDIRECT OR CONSEQUENTIAL DAMAGES.
ARTICLE VII
COLLECTION AND APPLICATION OF COLLATERAL PROCEEDS; DEPOSIT ACCOUNTS,
SECURITIES ACCOUNTS, LOCK BOXES
COLLECTION AND APPLICATION OF COLLATERAL PROCEEDS; DEPOSIT ACCOUNTS,
SECURITIES ACCOUNTS, LOCK BOXES
7.1. Collection of Receivables. As of the date of this Security Agreement, all
Deposit Accounts, Securities Accounts and postal lock boxes (“Lock Boxes”) established by
the Grantors with any banking institution, securities broker, securities intermediary or other
financial institution are listed on Exhibit B hereto. Each Grantor has and will continue
to direct its Account Debtors to remit cash, checks, electronic funds transfers and other similar
payments relating to or constituting payments made in respect of Receivables directly to a Lock
Box. Such Lock Box shall be subject to an irrevocable lockbox agreement in the form provided by or
otherwise acceptable to the Administrative Agent and shall be accompanied by an acknowledgment by
the bank where the Lock Box is located of the Lien of the Administrative Agent granted hereunder
and of irrevocable instructions to wire all amounts collected therein to the Collection Account
during an Availability Trigger Period pursuant to Section 7.2 (a “Lock Box Agreement”). If
any Grantor should refuse or neglect to notify any Account Debtor to forward payments directly to a
Lock Box after notice from the Administrative Agent, the Administrative Agent shall be entitled to
make such notification directly to such Account Debtor.
7.2. Application of Funds During an Availability Trigger Period. At all times during
an Availability Trigger Period, the Grantors shall comply and shall cause the Cash Management Bank
to comply with the provisions of Section 5.12(d) of the Credit Agreement. At all times during an
Availability Trigger Period, the Administrative Agent shall have the right (i) to declare that Full
Cash Dominion is in effect, (ii) to give a notice of sole control or other instruction under any
Control Agreement, (iii) to notify each banking institution, securities broker or securities
intermediary (including the Cash Management Bank) at which any Grantor maintains any Deposit
Account or Securities Account (in each case, other than Excluded Accounts), that (A) the
Administrative Agent has taken full dominion and control over all Deposit Accounts and Securities
Accounts (in each case, other than Excluded Accounts) and all funds from time to time on deposit
therein, (B) such banking institutions, securities brokers and securities intermediaries shall
follow all instructions given by the Administrative Agent with respect to such Deposit Accounts and
Securities Accounts, and (C) such banking institutions shall remit directly to the Collection
Account (or to such other account as the Administrative Agent may direct), on a daily basis (or on
such other basis as the Administrative Agent shall direct) all funds from time to time deposited
into such Deposit Accounts and Securities Accounts, and (iv) to automatically apply, on a daily
basis, all funds remitted to the Collection Account (or to such other account as the Administrative
Agent shall so direct), from all such Deposit Accounts and Securities Accounts, and all other
proceeds of the Collateral, to repay the Loans and other Obligations in accordance with Sections
2.11 and 2.18 of the Credit Agreement.
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7.3. Covenant Regarding New Deposit Accounts; Securities Accounts and Lock Boxes.
Before opening or replacing any Deposit Account or Securities Account, or establishing a new Lock
Box, each Grantor shall (a) obtain the Administrative Agent’s consent in writing to the opening of
such Deposit Account, Securities Account or Lock Box, and (b) cause each bank or financial
institution in which it seeks to open a Deposit Account, Securities Account or Lock Box (in each
case, other than an Excluded Account) to enter into a Control Agreement with the Administrative
Agent in order to give the Administrative Agent dominion and control over such Deposit Account,
Securities Account or Lock Box. In the case of Deposit Accounts or Lock Boxes maintained with
Lenders, the terms of such letter shall be subject to the provisions of the Credit Agreement
regarding setoffs.
7.4. Application of Proceeds; Deficiency. In the case of any sale or other
disposition of Collateral by the Administrative Agent in the exercise of its remedies provided
herein or in any other Loan Document, the proceeds of such sale shall be applied (and allocated) by
the Administrative Agent in accordance with Section 2.18 of the Credit Agreement. In the event
that the proceeds from any sale or other disposition of Collateral are insufficient to pay all
Secured Obligations in full, the Grantors shall remain liable for any deficiency, including any
attorneys’ fees and other expenses incurred by the Administrative Agents or any Lender to collect
such deficiency.
ARTICLE VIII
GENERAL PROVISIONS
GENERAL PROVISIONS
8.1. Waivers. Each Grantor hereby waives notice of the time and place of any public
sale or the time after which any private sale or other disposition of all or any part of the
Collateral may be made. To the extent such notice may not be waived under applicable law, any
notice made shall be deemed reasonable if sent to the Grantors, addressed as set forth in
Article IX, at least ten days prior to (i) the date of any such public sale or (ii) the
time after which any such private sale or other disposition may be made. To the maximum extent
permitted by applicable law, each Grantor waives all claims, damages, and demands against the
Administrative Agent or any Lender arising out of the repossession, retention or sale of the
Collateral, except such as arise solely out of the gross negligence or willful misconduct of the
Administrative Agent or such Lender as finally determined by a court of competent jurisdiction. To
the extent it may lawfully do so, each Grantor absolutely and irrevocably waives and relinquishes
the benefit and advantage of, and covenants not to assert against the Administrative Agent or any
Lender, any valuation, stay, appraisal, extension, moratorium, redemption or similar laws and any
and all rights or defenses it may have as a surety now or hereafter existing which, but for this
provision, might be applicable to the sale of any Collateral made under the judgment, order or
decree of any court, or privately under the power of sale conferred by this Security Agreement, or
otherwise. Except as otherwise specifically provided herein, each Grantor hereby waives
presentment, demand, protest or any notice (to the maximum extent permitted by applicable law) of
any kind in connection with this Security Agreement or any Collateral.
8.2. Limitation on Administrative Agent’s and Lenders’ Duty with Respect to the
Collateral. The Administrative Agent shall have no obligation to clean-up or otherwise prepare
the Collateral for sale. The Administrative Agent and each Lender shall use reasonable care with
respect to the Collateral in its possession or under its control. Neither the Administrative Agent
nor any Lender shall have any other duty as to any Collateral in its possession or control or in
the possession or control of any agent or nominee of the Administrative Agent or such Lender, or
any income thereon or as to the preservation of rights against prior parties or any other rights
pertaining thereto. To the extent that applicable law imposes duties on the Administrative Agent to
exercise remedies in a commercially reasonable manner, each Grantor acknowledges and agrees that it
is commercially reasonable for the Administrative Agent (i) to fail to incur expenses deemed
significant by the Administrative Agent to prepare Collateral for disposition or otherwise to
transform raw material or work in process into finished goods or other finished products for
disposition, (ii) to fail to obtain third party consents for access to Collateral to be disposed
of, or to obtain or, if not required by other law, to fail to obtain governmental or third party
consents for the collection or disposition of Collateral to be collected or disposed of, (iii) to
fail to exercise collection remedies against Account Debtors or other Persons obligated on
Collateral or to remove Liens on or any adverse claims against Collateral, (iv) to exercise
collection remedies
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against Account Debtors and other Persons obligated on Collateral directly or through the use
of collection agencies and other collection specialists, (v) to advertise dispositions of
Collateral through publications or media of general circulation, whether or not the Collateral is
of a specialized nature, (vi) to contact other Persons, whether or not in the same business as such
Grantor, for expressions of interest in acquiring all or any portion of such Collateral, (vii) to
hire one or more professional auctioneers to assist in the disposition of Collateral, whether or
not the Collateral is of a specialized nature, (viii) to dispose of Collateral by utilizing
internet sites that provide for the auction of assets of the types included in the Collateral or
that have the reasonable capacity of doing so, or that match buyers and sellers of assets, (ix) to
dispose of assets in wholesale rather than retail markets, (x) to disclaim disposition warranties,
such as title, possession or quiet enjoyment, (xi) to purchase insurance or credit enhancements to
insure the Administrative Agent against risks of loss, collection or disposition of Collateral or
to provide to the Administrative Agent a guaranteed return from the collection or disposition of
Collateral, or (xii) to the extent deemed appropriate by the Administrative Agent, to obtain the
services of other brokers, investment bankers, consultants and other professionals to assist the
Administrative Agent in the collection or disposition of any of the Collateral. Each Grantor
acknowledges that the purpose of this Section 8.2 is to provide non-exhaustive indications of what
actions or omissions by the Administrative Agent would be commercially reasonable in the
Administrative Agent’s exercise of remedies against the Collateral and that other actions or
omissions by the Administrative Agent shall not be deemed commercially unreasonable solely on
account of not being indicated in this Section 8.2. Without limitation upon the foregoing, nothing
contained in this Section 8.2 shall be construed to grant any rights to any Grantor or to impose
any duties on the Administrative Agent that would not have been granted or imposed by this Security
Agreement or by applicable law in the absence of this Section 8.2.
8.3. Compromises and Collection of Collateral. The Grantors and the Administrative
Agent recognize that setoffs, counterclaims, defenses and other claims may be asserted by obligors
with respect to certain of the Receivables, that certain of the Receivables may be or become
uncollectible in whole or in part and that the expense and probability of success in litigating a
disputed Receivable may exceed the amount that reasonably may be expected to be recovered with
respect to a Receivable. In view of the foregoing, each Grantor agrees that the Administrative
Agent may at any time and from time to time, if an Event of Default has occurred and is continuing,
compromise with the obligor on any Receivable, accept in full payment of any Receivable such amount
as the Administrative Agent in its sole discretion shall determine or abandon any Receivable, and
any such action by the Administrative Agent shall be commercially reasonable so long as the
Administrative Agent acts in good faith based on information known to it at the time it takes any
such action.
8.4. Secured Party Performance of Debtor Obligations. Without having any obligation
to do so, the Administrative Agent may perform or pay any obligation which any Grantor has agreed
to perform or pay in this Security Agreement and the Grantors shall reimburse the Administrative
Agent for any amounts paid by the Administrative Agent pursuant to this Section 8.4. The Grantors’
obligation to reimburse the Administrative Agent pursuant to the preceding sentence shall be a
Secured Obligation payable on demand.
8.5. Specific Performance of Certain Covenants. Each Grantor acknowledges and agrees
that a breach of any of the covenants contained in Sections 4.1(d), 4.1(e), 4.4, 4.5, 4.6, 4.7,
4.8, 4.9, 4.10, 4.12, 4.13, 4.14, 4.15, 4.16, 5.3, or 8.7 or in Article VII will cause
irreparable injury to the Administrative Agent and the Lenders, that the Administrative Agent and
Lenders have no adequate remedy at law in respect of such breaches and therefore agrees, without
limiting the right of the Administrative Agent or the Lenders to seek and obtain specific
performance of other obligations of the Grantors contained in this Security Agreement, that the
covenants of the Grantors contained in the Sections referred to in this Section 8.5 shall be
specifically enforceable against the Grantors.
8.6. Dispositions Not Authorized. No Grantor is authorized to sell or otherwise
dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of
dealing between any Grantor and the Administrative Agent or other conduct of the Administrative
Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in
Section 4.1(d)) shall be binding upon the Administrative Agent or the Lenders unless such
authorization is in writing signed by the Administrative Agent with the consent or at the direction
of the Required Secured Parties.
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8.7. No Waiver; Amendments; Cumulative Remedies. No delay or omission of the
Administrative Agent or any Lender to exercise any right or remedy granted under this Security
Agreement shall impair such right or remedy or be construed to be a waiver of any Default or an
acquiescence therein, and any single or partial exercise of any such right or remedy shall not
preclude any other or further exercise thereof or the exercise of any other right or remedy. No
waiver, amendment or other variation of the terms, conditions or provisions of this Security
Agreement whatsoever shall be valid unless in writing signed by the Administrative Agent with the
concurrence or at the direction of the Lenders required under Section 9.02 of the Credit Agreement
and then only to the extent in such writing specifically set forth. All rights and remedies
contained in this Security Agreement or by law afforded shall be cumulative and all shall be
available to the Administrative Agent and the Lenders until the Secured Obligations have been paid
in full.
8.8. Limitation by Law; Severability of Provisions. All rights, remedies and powers
provided in this Security Agreement may be exercised only to the extent that the exercise thereof
does not violate any applicable provision of law, and all the provisions of this Security Agreement
are intended to be subject to all applicable mandatory provisions of law that may be controlling
and to be limited to the extent necessary so that they shall not render this Security Agreement
invalid, unenforceable or not entitled to be recorded or registered, in whole or in part. Any
provision in any this Security Agreement that is held to be inoperative, unenforceable, or invalid
in any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable, or invalid
without affecting the remaining provisions in that jurisdiction or the operation, enforceability,
or validity of that provision in any other jurisdiction, and to this end the provisions of this
Security Agreement are declared to be severable.
8.9. Reinstatement. This Security Agreement shall remain in full force and effect and
continue to be effective should any petition be filed by or against any Grantor for liquidation or
reorganization, should any Grantor become insolvent or make an assignment for the benefit of any
creditor or creditors or should a receiver or trustee be appointed for all or any significant part
of any Grantor’s assets, and shall continue to be effective or be reinstated, as the case may be,
if at any time payment and performance of the Secured Obligations, or any part thereof, is,
pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or
returned by any obligee of the Secured Obligations, whether as a “voidable preference,” “fraudulent
conveyance,” or otherwise, all as though such payment or performance had not been made. In the
event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the
Secured Obligations shall be reinstated and deemed reduced only by such amount paid and not so
rescinded, reduced, restored or returned.
8.10. Benefit of Agreement. The terms and provisions of this Security Agreement shall
be binding upon and inure to the benefit of the Grantors, the Administrative Agent and the Lenders
and their respective successors and assigns (including all persons who become bound as a debtor to
this Security Agreement), except that no Grantor shall have the right to assign its rights or
delegate its obligations under this Security Agreement or any interest herein, without the prior
written consent of the Administrative Agent (except in connection with a transaction permitted
under Section 6.03(a) of the Credit Agreement). No sales of participations, assignments,
transfers, or other dispositions of any agreement governing the Secured Obligations or any portion
thereof or interest therein shall in any manner impair the Lien granted to the Administrative
Agent, for the benefit of the Administrative Agent and the Lenders, hereunder.
8.11. Survival of Representations. All representations and warranties of the Grantors
contained in this Security Agreement shall survive the execution and delivery of this Security
Agreement.
8.12. Taxes and Expenses. Any taxes (including income taxes) payable or ruled payable
by Federal or State authority in respect of this Security Agreement shall be paid by the Grantors,
together with interest and penalties, if any. The Grantors shall reimburse the Administrative
Agent for any and all out-of-pocket expenses and internal charges (including reasonable attorneys’,
auditors’ and accountants’ fees and reasonable time charges of attorneys, paralegals, auditors and
accountants who may be employees of the Administrative Agent) paid or incurred by the
Administrative Agent in connection with the preparation, execution, delivery, administration,
collection and enforcement of this Security Agreement and in the audit, analysis, administration,
collection, preservation or sale of the Collateral (including the expenses and charges associated
with any
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periodic or special audit of the Collateral). Any and all costs and expenses incurred by the
Grantors in the performance of actions required pursuant to the terms hereof shall be borne solely
by the Grantors.
8.13. Headings. The title of and section headings in this Security Agreement are for
convenience of reference only, and shall not govern the interpretation of any of the terms and
provisions of this Security Agreement.
8.14. Termination. This Security Agreement shall continue in effect (notwithstanding
the fact that from time to time there may be no Secured Obligations outstanding) until (i) the
Credit Agreement has terminated pursuant to its express terms and (ii) all of the Secured
Obligations have been indefeasibly paid and performed in full (or with respect to any outstanding
Letters of Credit, a cash deposit or Supporting Letter of Credit has been delivered to the
Administrative Agent as required by the Credit Agreement) and no commitments of the Administrative
Agent or the Lenders which would give rise to any Secured Obligations are outstanding.
8.15. Entire Agreement. This Security Agreement embodies the entire agreement and
understanding between the Grantors and the Administrative Agent relating to the Collateral and
supersedes all prior agreements and understandings between the Grantors and the Administrative
Agent relating to the Collateral.
8.16. CHOICE OF LAW. THIS SECURITY AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE INTERNAL LAWS (AND NOT THE LAW OF CONFLICTS) OF THE STATE OF NEW YORK, BUT
GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO NATIONAL BANKS.
8.17. CONSENT TO JURISDICTION. EACH GRANTOR HEREBY IRREVOCABLY SUBMITS TO THE
NON-EXCLUSIVE JURISDICTION OF ANY U.S. FEDERAL OR NEW YORK STATE COURT SITTING IN NEW YORK, NEW
YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SECURITY AGREEMENT OR ANY OTHER
LOAN DOCUMENT AND EACH GRANTOR HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION
OR PROCEEDING MAY BE HEARD AND DETERMINED IN ANY SUCH COURT AND IRREVOCABLY WAIVES ANY OBJECTION IT
MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A
COURT OR THAT SUCH COURT IS AN INCONVENIENT FORUM. NOTHING HEREIN SHALL LIMIT THE RIGHT OF THE
ADMINISTRATIVE AGENT OR ANY LENDER TO BRING PROCEEDINGS AGAINST ANY GRANTOR IN THE COURTS OF ANY
OTHER JURISDICTION. ANY JUDICIAL PROCEEDING BY ANY GRANTOR AGAINST THE ADMINISTRATIVE AGENT OR ANY
LENDER OR ANY AFFILIATE OF THE ADMINISTRATIVE AGENT OR ANY LENDER INVOLVING, DIRECTLY OR
INDIRECTLY, ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS SECURITY
AGREEMENT OR ANY OTHER LOAN DOCUMENT SHALL BE BROUGHT ONLY IN A COURT IN NEW YORK, NEW YORK.
8.18. WAIVER OF JURY TRIAL. EACH GRANTOR, THE ADMINISTRATIVE AGENT AND EACH LENDER
HEREBY WAIVE TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER
(WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR
CONNECTED WITH THIS SECURITY AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE RELATIONSHIP ESTABLISHED
THEREUNDER.
8.19. Indemnity. Each Grantor hereby agrees to indemnify the Administrative Agent and
the Lenders, and their respective successors, assigns, agents and employees, from and against any
and all liabilities, damages, penalties, suits, costs, and expenses of any kind and nature
(including, without limitation, all expenses of litigation or preparation therefor whether or not
the Administrative Agent or any Lender is a party thereto) imposed on, incurred by or asserted
against the Administrative Agent or the Lenders, or their respective successors, assigns, agents
and employees, in any way relating to or arising out of the execution and delivery of this Security
Agreement or any actions taken or omitted to be taken by the Administrative Agent or the Lenders
24
in accordance with the terms of this Security Agreement, or the manufacture, purchase,
acceptance, rejection, ownership, delivery, lease, possession, use, operation, condition, sale,
return or other disposition of any Collateral (including, without limitation, latent and other
defects, whether or not discoverable by the Administrative Agent or the Lenders or any Grantor, and
any claim for Patent, Trademark or Copyright infringement).
8.20. Counterparts. This Security Agreement may be executed in any number of
counterparts, all of which taken together shall constitute one agreement, and any of the parties
hereto may execute this Security Agreement by signing any such counterpart.
8.21. Post Closing Matters. Each of the Parties hereto acknowledges and consents that
the documents and deliverables set forth in Exhibit H will be provided by the party
responsible therefor in the manner set forth in such exhibit on or prior to the due date specified
in such exhibit.
ARTICLE IX
NOTICES
NOTICES
9.1. Sending Notices. Any notice required or permitted to be given under this
Security Agreement shall be sent by United States mail, telecopier, personal delivery or nationally
established overnight courier service, and shall be deemed received (a) when received, if sent by
hand or overnight courier service, or mailed by certified or registered mail notices or (b) when
sent, if sent by telecopier (except that, if not given during normal business hours for the
recipient, shall be deemed to have been given at the opening of business on the next Business Day
for the recipient), in each case addressed to the Grantors at the notice address set forth on
Exhibit A, and to the Administrative Agent and the Lenders at the addresses set forth in
accordance with Section 9.01 of the Credit Agreement.
9.2. Change in Address for Notices. Each of the Grantors, the Administrative Agent
and the Lenders may change the address for service of notice upon it by a notice in writing to the
other parties.
ARTICLE X
THE ADMINISTRATIVE AGENT
THE ADMINISTRATIVE AGENT
JPMorgan Chase Bank, N.A. has been appointed Administrative Agent for the Lenders hereunder
pursuant to Article VIII of the Credit Agreement. It is expressly understood and agreed by the
parties to this Security Agreement that any authority conferred upon the Administrative Agent
hereunder is subject to the terms of the delegation of authority made by the Lenders to the
Administrative Agent pursuant to the Credit Agreement, and that the Administrative Agent has agreed
to act (and any successor Administrative Agent shall act) as such hereunder only on the express
conditions contained in such Article VIII. Any successor Administrative Agent appointed pursuant
to Article VIII of the Credit Agreement shall be entitled to all the rights, interests and benefits
of the Administrative Agent hereunder.
[Signature Page Follows]
25
IN WITNESS WHEREOF, the Grantors and the Administrative Agent have executed this Security
Agreement as of the date first above written.
GRANTORS: ALTRA HOLDINGS, INC. ALTRA INDUSTRIAL MOTION, INC. |
||||
By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: Vice President, Legal and Human Resources, General Counsel and Secretary | ||||
AMERICAN ENTERPRISES MPT CORP. AMERICAN ENTERPRISES MPT HOLDINGS, LLC AMERIDRIVES INTERNATIONAL, LLC BOSTON GEAR LLC FORMSPRAG LLC INERTIA DYNAMICS LLC XXXXXX MANUFACTURING CORPORATION XXXXXXX GEAR LLC WARNER ELECTRIC INTERNATIONAL HOLDING, INC. WARNER ELECTRIC LLC WARNER ELECTRIC TECHNOLOGY LLC XX XXXX’X CORPORATION XX XXXX’X INCORPORATED XX XXXX’X ENTERPRISES, INC. |
||||
By | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx Xxxxxx | |||
Title: | Secretary | |||
ADMINISTRATIVE AGENT JPMORGAN CHASE BANK, N.A., as Administrative Agent |
||||
By | /s/ Xxxxxxxx X. Xxxxx | |||
Name: | Xxxxxxxx X. Xxxxx | |||
Title: | Senior Vice President | |||
EXHIBIT A
(See Sections 3.2, 3.3, 3.4, 3.9 and 9.1 of Security Agreement)
(See Sections 3.2, 3.3, 3.4, 3.9 and 9.1 of Security Agreement)
NOTICE ADDRESS FOR ALL GRANTORS
c/o Altra Holdings, Inc.
000 Xxxxxxx Xx., Xxxxx 000
Xxxxxxxxx, XX 00000
Attention: Chief Financial Officer
Facsimile: (000) 000-0000
000 Xxxxxxx Xx., Xxxxx 000
Xxxxxxxxx, XX 00000
Attention: Chief Financial Officer
Facsimile: (000) 000-0000
INFORMATION AND COLLATERAL LOCATIONS OF GRANTORS
I. | General Information |
Name of Grantor | State | Entity Type | Org. No | Tax No. | ||||||
DE | C Corp. | 3870357 | 00-0000000 | |||||||
Altra Industrial Motion, Inc.
|
DE | C Corp. | 3878606 | 00-0000000 | ||||||
American Enterprises MPT Corp.
|
DE | C Corp. | 2673186 | 00-0000000 | ||||||
American Enterprises MPT
Holdings, LLC
|
DE | LLC | 2686543 | 00-0000000 | ||||||
Ameridrives International, LLC
|
DE | LLC | 2673483 | 00-0000000 | ||||||
Boston Gear LLC
|
DE | LLC | 3822981 | 00-0000000 | ||||||
Formsprag LLC
|
DE | LLC | 3534967 | 00-0000000 | ||||||
Inertia Dynamics, LLC
|
DE | LLC | 4046002 | 00-0000000 | ||||||
Xxxxxx Manufacturing Corporation
|
DE | C Corp. | 0817664 | 00-0000000 | ||||||
Xxxxxxx Gear LLC
|
DE | LLC | 2765519 | 00-0000000 | ||||||
XX Xxxx’x Corporation
|
DE | C Corp. | 2531112 | 00-0000000 | ||||||
XX Xxxx’x Enterprises, Inc.
|
DE | C Corp. | 3102375 | 00-0000000 | ||||||
XX Xxxx’x Incorporated
|
PA | C Corp. | 394660 | 00-0000000 | ||||||
Warner Electric International
Holding, Inc.
|
DE | C Corp. | 3142042 | 00-0000000 | ||||||
Warner Electric LLC
|
DE | LLC | 3142038 | 00-0000000 | ||||||
Warner Electric Technology LLC
|
DE | LLC | 3142046 | 00-0000000 |
II. | Place of Business (if it has only one) or Chief Executive Office (if more than one place of business) and Mailing Address: | |
Chief Executive Office/Mailing Address of Each Grantor: |
c/o Altra Holdings, Inc.
000 Xxxxxxx Xx., Xxxxx 000
Xxxxxxxxx, XX 00000
Attention: Chief Financial Officer
Facsimile: (000) 000-0000
000 Xxxxxxx Xx., Xxxxx 000
Xxxxxxxxx, XX 00000
Attention: Chief Financial Officer
Facsimile: (000) 000-0000
III. | Locations of Collateral: |
(a) | Properties Owned by the Grantors: |
Grantor/Owner | Street | City | State | Country | ZIP | |||||||
Warner Electric LLC
|
000 Xxxxxxx Xxxxxx | Xxxxx Xxxxxx | XX | XXX | 00000 | |||||||
Warner Electric, LLC
|
000 X. Xxxxx Xxxxxx | Xxxxxxxx Xxxx | XX | XXX | 00000 | |||||||
XX Xxxx’x Corporation
|
000 Xxxx Xxxxxxxxxx Xxxxxx | Xx. Xxxxxxxx | XX | XXX | 00000 | |||||||
Formsprag LLC
|
00000 Xxxxxx Xxxx | Xxxxxx | XX | XXX | 00000 |
Grantor/Owner | Street | City | State | Country | ZIP | |||||||
Xxxxxx Manufacturing
Corporation
|
0000-00 Xxxxxx Xxxxxx | Xxxxxxxx | XX | XXX | 00000 | |||||||
XX Xxxx’x Corporation
|
000 Xxxxx Xxxxx Xxxxxx | Xxxxxxxxxxxx | XX | XXX | 00000 | |||||||
XX Xxxx’x Corporation
|
0000 Xxxxx Xxx Xxxx | Xxxxxxxx | XX | XXX | 00000 | |||||||
Ameridrives International LLC
|
0000 Xxxxxxxxxx Xxxxxx | Xxxx | XX | XXX | 00000 | |||||||
XX Xxxx’x Corporation
|
00 Xxxxxx Xx. | Xxxxxxxxxxxx | XX | XXX | 00000 | |||||||
XX Xxxx’x Corporation
|
000 Xxxxxxx Xxxx | Xxxxxxxxxxx | XX | XXX | 00000 | |||||||
Warner Electric LLC
|
0000 Xxxxxx Xxxx | Xxxxxxx Xxxxx | XX | XXX | 00000 | |||||||
XX Xxxx’x Corporation
|
0000 Xxxxxx Xxxxxx Xxxx | Xxx Xxxxxx | XX | XXX | 00000 |
Vehicle | Location | VIN | ||
2006 CHEVROLET XXXXXXXXX
|
Xxxxxxxxxxxx, XX | 0XXXX00X00X000000 | ||
1990 INTERNATIONAL BOX TRUCK
|
Chambersburg, PA | 0XXXXXXX0XX000000 | ||
1985 FORD 4-WHEEL TRUCK
|
Chambersburg, PA | 0XXXX00X0XXX00000 | ||
0000 XXX XXXXXX XXXXXX
|
Xxxxxxxxxxxx, XX | 0XXXX00X0XX000000 | ||
2001 CHEVROLET XXXXXX
|
Xxxxxxxxxxxx, XX | 0X0XX00XX00000000 | ||
1998 CHEVROLET PICKUP
|
Xxxxxxxxxxxx, XX | 0XXXX00X0XX000000 | ||
2002 FORD TAURUS
|
Xxxxxxxxxxxx, XX | 0XXXX00X00X000000 | ||
1972 CHEVROLET DUMP TRUCK
|
Chambersburg, PA | CCE532V120791 | ||
2003 CHEVROLET XXXXXXXX
|
Xxxxxxxxxxxx, XX | 0XXXX00X00X000000 | ||
2001 CHEVROLET IMPALA
|
Xxx Xxxxxx, XX | 0X0XX00XX00000000 | ||
2000 FORD F350 TRUCK
|
San Marcos, TX | 0XXXX00X0XXX00000 | ||
0000 XXXXX XXXXXX
|
Xxxxxxx Xxxxx, XX | 0XXXX00000X000000 | ||
0000 XXXXX XXXXXX
|
Xxxxxxx Xxxxx, XX | 0XXXX00X00X000000 | ||
1995 DODGE PICKUP
|
Xxxxxxx Xxxxx, XX | 0X0XX00X0XX000000 | ||
1999 FORD PICKUP
|
Xxxxxx, XX | 0XXX00X0XXX00000 | ||
1993 FORD XX-000 XXXXXX
|
Xxx Xxxxxxxx, XX | 0XXXX00X0XXX00000 | ||
0000 XXXXXXXXXXXXX XXX XXXXX
|
Xxx Xxxxxxxx, XX | 0XXXXXXX00X000000 | ||
1994 FORD F-350XL
|
Xxxxx Xxxxxx, XX | 0XXXX00XXXXX00000 | ||
1998 DODGE DAKOTA PICKUP
|
Xxxxx Xxxxxx, XX | 0X0XX00X0XX0000000 | ||
0000 XXXXXXX XXXXXXX XXX
|
Xxxxxxxx, XX | 0XXXX00X00X000000 | ||
0000 XXXXX XXXXX XXXXXXX
|
Xxxxxxxx, XX | 0X0XX00X00X000000 | ||
0000 XXX XXXXXX XXXXXX
|
Xxxxxxxx, XX | 0XXXX00X0XX000000 | ||
0000 XXXXX XXXXXXX
|
Xxxxxxxx, XX | 0X0XX00X0XX000000 | ||
2007 HYUNDAI ENTOURAGE
|
Syracuse, NY | XXXXX000000000000 | ||
0000 XXXXXXXX XXXXXXXX
|
Xxxxxxxx, XX | 0X0XX0000X000000 | ||
0000 XXXXX XXXXXXX
|
Xxxxx Xxx, XX | 0X0XX00X0XX000000 | ||
1999 CHEVY X0000
|
Xxxxx Xxx, XX | 0XXXX00XXXX000000 | ||
0000 XXXXX XXXXXX
|
Xxxxxxx Xxxxx, XX | 0XXXX0000X0000000 | ||
2004 FORD X000
|
Xxx Xxxxxx, XX | XXXX00X00XX00000 | ||
1996 FORD 250
|
Charlotte, NC | 0XXXX00X0XXX00000 |
(b) | Properties Leased by the Grantors (Include Landlord’s Name): |
Grantor/Lessee | Landlord | Street | City | State | Country | ZIP | ||||||||
Inertia Dynamics,
LLC
|
Xxxxxxxxx Properties, LLC | 00 Xxxxxxxxxx Xxxx Xxxx | Xxx Xxxxxxxx | XX | XXX | 00000 |
Grantor/Lessee | Landlord | Street | City | State | Country | ZIP | ||||||||
Warner Electric LLC
|
Xxxxxxxxx Development Group | 000 Xxxxxxxx Xxxxxx | Xxxxx Xxxxxx | XX | XXX | 00000 | ||||||||
Warner Electric LLC
|
Long Family Properties, LLC | 000 Xxxxxxx Xxxxxx | Xxxxx Xxxxxx | XX | XXX | 00000 | ||||||||
Formsprag LLC
|
Xxxxxxxx Xxxxxxxxx | 000 X. Xxxxxxxx Xxxx, Xxxxx 000 | Xxxx Xxxxx | XX | XXX | 00000 | ||||||||
Warner Electric LLC
|
The Krenger CO. | 0000 Xxxxxx Xxxxx | Xxxxxxxxx | XX | XXX | 00000 | ||||||||
Warner Electric LLC
|
Precision Realty Corporation | 000 X. Xxxxxxx Xxxxxx | Xxxxxxxx City | IN | USA | 46725 | ||||||||
Sun Life Assurance Company of Canada | 000 Xxxxxxx Xxxxxx | Xxxxxxxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
Xxxxxx X. Fecteku | 00000 Xxxxxx Xxxx | Xxxxxx | XX | XXX | 00000 | ||||||||
Boston Gear LLC
|
Xxxx X.X. Xx Xxxxx | 000 Xxxxxxx Xxxxx | Xxxxxxxxx | XX | XXX | 00000 | ||||||||
XX Xxxx’x, Inc.
|
Prologis NA3 TRS II LLC | 0000 Xxxxx Xxxxxx | Xxxx | XX | XXX | 00000 | ||||||||
Xxxxxxx Gear LLC
|
Wheatfield Business Park, LP. | 0000 Xxxxxxx Xxxxx Xxxxxxxxx | Xxxxxxx Xxxxx | XX | XXX | 00000 | ||||||||
Ameridrives
International LLC
|
Xxxxx X. Xxxxx and Xxxx Xxxxxxx-Xxxxx | 00 X. Xxxxx Xxxx, Xxxxx 0X | Xxx Xxxx | XX | XXX | 00000 | ||||||||
Warner Electric LLC
|
Grapevine Realty, LLC | 0000 Xxxxxxxxx Xxxxxxx, Xxxxx 000 | Xxxxxxxxx | XX | XXX | 00000 | ||||||||
Boston Gear LLC
|
Caddo Investments LP | 0000 Xxxxx Xxxxxxx Xxxxxxxxxx | Xxxxx | XX | XXX | 00000 | ||||||||
Ameridrives
International LLC
|
Xxxxxx X. Xxxxxx and Xxxxx X. Xxxxxx | 0000 XX 0000, Xxxxx X | Xxx Xxxxxxxxx | XX | XXX | 00000 | ||||||||
Warner Electric LLC
|
Waukesha East Commerce Center | 0000 Xxxxx Xxxxxx | Xxxxxxxx | XX | XXX | 00000 | ||||||||
Ameridrives
International LLC
|
X. X. Xxxxxx Properties, LLC | 0000 Xxxxxxx Xxxx | Xxxxx Xxx | XX | XXX | 00000 | ||||||||
XX Xxxx’x
Enterprises, Inc.
|
Belflint + Xxxxx | 0000 Xxxxxx Xxxx, Xxxxx 000 | Xxxxxxxxxx | XX | XXX | 00000 |
(c) | Public Warehouses or other Locations pursuant to Bailment or Consignment Arrangements (include name of Warehouse Operator or other Bailee or Consignee): |
Grantor | Landlord | Purpose | Street | City | State | Country | ZIP | |||||||||
Ameridrives International LLC |
Xxxxxxxx Machining Industries Inc. | Storage of raw materials, finished goods inventory, work in progress inventory, fixed assets and machinery | 0 Xxxxxx Xxxxxx | Xxxxxxxxx | Xxxx | XXX | 00000 | |||||||||
Inertia Dynamics,
LLC
|
Advanced DC Motors | Inventory storage | 0000 Xxx Xxxxxxx Xxxx Xxxxx | Xxxx Xxxxxxxx | Xxx Xxxx | XXX | 00000 | |||||||||
Xxxxxx
Manufacturing
Corporation
|
Xxxxxx Korea (not affiliated with Xxxxxx Manufacturing Corporation or Alta Industrial Motion, Inc.) | Finished goods inventory consignment | 660-2 Bokjung-Dong, SunjungGu, Sungnam-Si | Gyunggi Do | — | Republic of Korea | — |
Grantor | Landlord | Purpose | Street | City | State | Country | ZIP | |||||||||
Xxxxxx
Manufacturing
Corporation
|
Xxxxxx Canada ULC | General | 000 Xxxxxx Xxxxxx | Xxxxxxxxx | Xxxxxxx | Xxxxxx | — | |||||||||
XX Xxxx’x, Inc.
|
International Distribution Corporation | Inventory storage | 0000 Xxxxxx Xxxxxx | Xxxxxxx | Xxxxx | XXX | 00000 | |||||||||
XX Xxxx’x, Inc.
|
Kaman Industrial | Inventory storage | 0000 XX Xxxxxx | Xxxxxxxx | XX | XXX | 00000 | |||||||||
XX Xxxx’x, Inc.
|
Industrial Products Company | Inventory Business | 000 Xxxxx Xxx. Bldg. 3 | San Marcos | TX | USA | 78666 | |||||||||
XX Xxxx’x, Inc.
|
XX Xxxx’x Canada Ltd. | General | 0000 Xxxxxxxx Xx. #0 | Xxxxxxxxxxx | XX | Xxxxxx | — | |||||||||
XX Xxxx’x, Inc.
|
Industrial Blaju S. A. de C.V. | General | Av. Comision Federal de Electricidad #850, Parque Industrial Millenium, 78395 San Xxxx Potosi | San Xxxx Potosi | — | Mexico | — | |||||||||
XX Xxxx’x, Inc.
|
Industrial Blaju S. A. de C.V. | General | Oriente 237 Xx. 000, Xxxxxxx Xxxxxxxx Xxxxxxxx, 00000 | Xxxxxx, D.F. | — | Mexico | — | |||||||||
XX Xxxx’x, Inc.
|
XX Xxxx’x Canada Ltd. | General | 0000 00xx Xxx. | Xxxxxxxx | Xxxxxxx | Xxxxxx | — | |||||||||
XX Xxxx’x, Inc.
|
XX Xxxx’x Canada Ltd. | General | 0000 Xxxxx Xx. Xxxxx Xx. Laurent | Ville St. Laurent, Montreal | Quebec | Canada | — | |||||||||
Xxxxxx
Manufacturing
Corporation
|
Iron Mountain | Document retention | 0000 Xxxxx Xx. | Xxxx Xxxxxxxx | XX | XXX | 00000 | |||||||||
Xxxxxx
Manufacturing
Corporation
|
Empire Archives | Document retention | 0000 Xxxxx Xxxxxx Xx. | Xxxxxxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
Chicago Aluminum Castings Co. Inc. | Inventory and equipment storage | 0000 Xxxx Xxxxx Xxx. | Xxxxxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
Master Machine & Repair | Inventory and equipment storage | 0000 X. Xxxxxxxxxxxxx | Xxxxxxx Xxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
Industrial Boring | Inventory and equipment storage | 00000 Xxxxxxxxxx | Xxxxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
North Tool & Mfg. Co. | Inventory and equipment storage | 00000 X. 00 Xxxx Xx. | Xxxxxxxxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
ARC Services of Macomb | Inventory and equipment storage | 00000 Xxxxxxx | Xxxxxxx Xxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
D & D Machine Movers | Inventory and equipment storage | 00000 Xxxxxxxxx Xxxxxxx | Xxxxxxxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
Xxxxxxxx Tool Company | Inventory and equipment storage | 00000 Xxxxxx | Xxxxxxx | XX | XXX | 00000 |
Grantor | Landlord | Purpose | Street | City | State | Country | ZIP | |||||||||
Formsprag LLC
|
Iron Mountain | Document retention | 00000 Xxxx Xx. | Xxxxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
Iron Mountain | Document retention | 0000 Xxxxx Xxxxxxxx Xxxx | Xxxxxx | XX | XXX | 00000 | |||||||||
Formsprag LLC
|
Boston Gear – Canada Warehouse | Inventory and equipment storage | 0000 Xxxxxxxx Xx. #0 | Xxxxxxxxxxx | XX | Xxxxxx | — |
EXHIBIT B
(See Section 3.5 of Security Agreement)
(See Section 3.5 of Security Agreement)
DEPOSIT ACCOUNTS
Check here if | Description of | |||||||
Deposit Account is | Deposit Account | |||||||
a Collection | if not a Collection | |||||||
Name of Grantor | Name of Institution | Account Number | Account | Account | ||||
See attached
consolidated bank
account listing. |
LOCK BOXES
Name of Grantor | Name of Institution | Lock Box Number | ||
See attached consolidated bank
account listing. |
SECURITIES ACCOUNTS
Name of Grantor | Name of Institution | Account Number | ||||
Altra Industrial Motion, Inc.
|
[*] | [*] | ||||
[*] | [*] | |||||
[*] | [*] |
Bank Account Data Collection
Location:
|
[*] | |||
Submitted by:
|
[*] | |||
Phone #:
|
[*] | |||
Email:
|
[*] |
Global Bank Account Information
Interest | ||||||||||||||||
Bearing (Y | Maximum | |||||||||||||||
Bank | Company Name | Account Type | or N) | Currency | Annual Fees | Amt. Held | Purpose | |||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] |
Authorized Signers:
Xxxx Xxxxxxxxxxx
Xxxxxxxxx Xxxxxx
Xxxx Xxxxxxxxx
Xxxxxxxxx Xxxxxx
Xxxx Xxxxxxxxx
Bank Account Data Collection
Location:
|
[*] | |||
Submitted by:
|
[*] | |||
Phone #:
|
[*] | |||
Email:
|
[*] |
Interest | ||||||||||||
Bearing (Y | Maximum | |||||||||||
Bank | Account Type | or N) | Currency | Annual Fees | Amt. Held | Purpose | ||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] |
Xxxx Xxxx
Xxxx Xxxxxxxxxx
Xxxx Xxxxxxxxxx
EXHIBIT C-1
(See Section 3.7 of Security Agreement)
(See Section 3.7 of Security Agreement)
LETTER OF CREDIT RIGHTS
None.
CHATTEL PAPER
None.
EXHIBIT C-2
(See definition of Commercial Tort Claims)
(See definition of Commercial Tort Claims)
EXISTING COMMERCIAL TORT CLAIMS
None.
EXHIBIT D
(See Section 3.10 and 3.11 of Security Agreement)
(See Section 3.10 and 3.11 of Security Agreement)
INTELLECTUAL PROPERTY RIGHTS
PATENTS
Name of Grantor | Patent Description | Patent Number | Issue Date | |||
See attached
Consolidated Patent
List |
PATENT APPLICATIONS
Name of Grantor | Patent Application | Application Filing Date | Application Serial Number | |||
See attached
Consolidated Patent
List |
TRADEMARKS
Name of Grantor | Trademark | Registration Date | Registration Number | |||
See attached
Consolidated
Trademark List |
TRADEMARK APPLICATIONS
Name of Grantor | Trademark Application | Application Filing Date | Application Serial Number | |||
See attached
Consolidated
Trademark List |
COPYRIGHTS
Name of Grantor | Copyright | Registration Date | Registration Number | |||
None |
COPYRIGHT APPLICATIONS
Name of Grantor | Copyright Application | Application Filing Date | Application Serial Number | |||
None |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
Patent
|
Canada | Warner Electric Technology Inc. | IMPROVED BI-DIRECTIONAL BACK STOPPING CLUTCH | 2024208 | 07/03/2001 | 2024208 | 08/29/1990 | Active | ||||||||||||
Patent
|
Canada | Warner Electric Technology Inc. | ELECTROMAGNETIC COUPLING DISC AND METHOD OF MAKING THE DISC | 1315218 | 3/30/1993 | 614020 | 9/28/1989 | Active | ||||||||||||
Patent
|
Europe | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP0552011 | 3/26/1997 | 93300169.5 | 1/12/1993 | Active | ||||||||||||
Patent
|
Europe | Warner Electric Technology Inc. | ARMATURE FOR SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | EP1171721 | 05/03/2006 | 09109241.0 | 02/14/2001 | Active | ||||||||||||
Patent
|
Europe | Warner Electric Technology Inc. | CLUTCH WITH SPACER FOR SUPPORTING A BEARING | EP0604190 | 9/3/1997 | 93310365.7 | 12/21/1993 | Active | ||||||||||||
Patent
|
Europe | Warner Electric Technology Inc. | ELECTROMAGNETIC CLUTCH WITH PERMANENT MAGNET BRAKE | EP0637022 | 5/29/1996 | 92309229.0 | 10/9/1992 | Active | ||||||||||||
Patent
|
Europe | Warner Electric Technology Inc. | ELECTROMAGNETIC FRICTION BRAKEWITH IMPROVED MOUNTING PINS | EP0434272 | 7/20/1994 | 90313378 | 12/10/1990 | Active | ||||||||||||
Patent
|
Europe | Warner Electric Technology Inc. | HIGH STRENGTH ELECTROMAGNETIC COUPLING DISC | EP0645550 | 03/29/1995 | 94306356.0 | 8/30/1994 | Active | ||||||||||||
Patent
|
Europe | Warner Electric Technology Inc. | MAG STOP CLUTCH WITH CENTER POLE | EP’0953784 | 9/22/2004 | 99303330.7 | 4/28/99 | Active | ||||||||||||
Patent
|
Europe | Warner Electric Technology Inc. | METHOD OF MAKING AN ELECTROMAGNETIC COUPLING DISC | EP0521640 | 1/18/1995 | 92305695.6 | 6/22/1992 | Active | ||||||||||||
Patent
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Europe | Warner Electric Technology Inc. | METHOD OF MANUFACTURING A ROTOR FOR AN ELECTROMAGNETIC CLUTCH ASSEMBLY | XX0000000 | 10/16/2002 | 98302223.7 | 03/24/1998 | Active | ||||||||||||
Patent
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Europe | Warner Electric Technology Inc. | ROTOR FOR ELECTROMAGNETIC COUPLING | EP0614023 | 5/21/1997 | 94301526.3 | 3/3/1994 | Active | ||||||||||||
Patent
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Europe | Warner Electric Technology Inc. | SOUND-DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP0614022 | 12/11/1996 | 94301484.5 | 3/2/1994 | Active | ||||||||||||
Patent
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Europe | Warner Electric Technology Inc. | UNIDRIVE ARMATURE HUB | EP0643236 | 3/15/1995 | 94306652.2 | 9/9/1994 | Active | ||||||||||||
Patent
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Europe | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP00713026 | 3/28/2001 | 95203457.7 | 1/12/1993 | Active | ||||||||||||
Patent
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Europe | Warner Electric Technology Inc. | SPRAG RETAINER WITH ROTATIONAL RESTRAINT | EP0602889 | 6/22/1994 | 93309865.9 | 12/9/1993 | Active | ||||||||||||
Patent
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Europe | Warner Electric Technology LLC | Rotational Coupling Device | EP1893884 | 11/25/2009 | 06770520.2 | 1/10/2008 | Active | ||||||||||||
Patent
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France | Warner Electric Technology LLC | Rotational Coupling Device | EP1893884 | 11/25/2009 | 06770520.2 | 1/10/2008 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | ARMATURE FOR SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | EP1171721 | 05/03/2006 | 09109241.0 | 02/14/2001 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP0552011 | 3/26/1997 | 93300169.5 | 1/12/1993 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | CLUTCH BRAKE ASSEMBLY | 2727485 | 07/17/1998 | 9514181 | 011/30/1995 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | HIGH STRENGTH ELECTROMAGNETIC COUPLING DISC | EP0645550 | 3/29/1995 | 94306356.0 | 8/30/1994 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | CLUTCH WITH SPACER FOR SUPPORTING A BEARING | EP0604190 | 9/3/1997 | 93310365.7 | 12/21/1993 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | ELECTROMAGNETIC CLUTCH WITH PERMANENT MAGNET BRAKE | EP0637022 | 5/29/1996 | 92309229.0 | 10/9/1992 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | ELECTROMAGNETIC COUPLING DISCS AND METHOD OF MAKING THE SAME. | 9106536 | 1/20/1995 | 9106536 | 5/30/1991 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
Patent
|
France | Warner Electric Technology Inc. | ELECTROMAGNETIC FRICTION BRAKEWITH IMPROVED MOUNTING PINS | EP0434272 | 7/20/1994 | 90313378 | 12/10/1990 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | METHOD OF MAKING AN ELECTROMAGNETIC COUPLING DISC | EP0521640 | 1/18/1995 | 92305695.6 | 6/22/1992 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | METHOD OF MANUFACTURING A ROTOR FOR AN ELECTROMAGNETIC CLUTCH ASSEMBLY | XX0000000 | 10/16/2002 | 98302223.7 | 03/24/1998 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | ROTOR FOR ELECTROMAGNETIC COUPLING | EP0614023 | 5/21/1997 | 94301526.3 | 3/3/1994 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | SOUND DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 9902452 | 12/22/2000 | 9902452 | 2/26/1999 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | SOUND-DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP0614022 | 12/11/1996 | 94301484.5 | 3/2/1994 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | UNIDAMP ARMATURE | 9103732 | 2/10/1995 | 9103732 | 3/27/1991 | Active | ||||||||||||
Patent
|
France | Warner Electric Technology Inc. | UNIDRIVE ARMATURE HUB | EP0643236 | 3/15/1995 | 94306652.2 | 9/9/1994 | Active | ||||||||||||
patent
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France | Warner Electric Technology Inc. | MAG STOP CLUTCH WITH CENTER POLE | EP’0953784 | 9/22/2004 | 99303330.7 | 4/28/1999 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP00713026 | 3/28/2001 | 95203457.7 | 1/12/1993 | Active | ||||||||||||
Patent
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France | Warner Electric Technology Inc. | SPRAG RETAINER WITH ROTATIONAL RESTRAINT | EP0602889 | 6/22/1994 | 93309865.9 | 12/9/1993 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology LLC | Rotational Coupling Device | EP1893884 | 11/25/2009 | 06770520.2 | 1/10/2008 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | ARMATURE FOR SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | EP1171721 | 05/03/2006 | 09109241.0 | 02/14/2001 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP0552011 | 3/26/1997 | 93300169.5 | 1/12/1993 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | HIGH STRENGTH ELECTROMAGNETIC COUPLING DISC | EP0645550 | 3/29/1995 | 94306356.0 | 8/30/1994 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | CLUTCH WITH SPACER FOR SUPPORTING A BEARING | EP0604190 | 9/3/1997 | 93310365.7 | 12/21/1993 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | ELECTROMAGNETIC CLUTCH WITH PERMANENT MAGNET BRAKE | EP0637022 | 5/29/1996 | 69211088.7 | 10/9/1992 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | ELECTROMAGNETIC COUPLING DISCS AND METHOD OF MAKING THE SAME | G9106611.5 | 10/24/1991 | G9106611.5 | 5/29/1991 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | ELECTROMAGNETIC FRICTION BRAKEWITH IMPROVED MOUNTING PINS | EP0434272 | 7/20/1994 | 90313378.3 | 12/10/1990 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | METHOD OF MAKING AN ELECTROMAGNETIC COUPLING DISC | EP0521640 | 1/18/1995 | 69201221.4 | 6/22/1992 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | METHOD OF MANUFACTURING A ROTOR FOR AN ELECTROMAGNETIC CLUTCH ASSEMBLY | XX0000000 | 10/16/2002 | 98302223.7 | 03/14/1998 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | ROTOR FOR ELECTROMAGNETIC COUPLING | EP0614023 | 5/21/1997 | 94301526.3 | 3/3/1994 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | SOUND-DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP0614022 | 12/11/1996 | 69401077.4 | 3/2/1994 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | UNIDAMP ARMATURE | P4108975.8-12 | 01/30/2003 | P4108975.8 | 03/19/1991 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | UNIDRIVE ARMATURE HUB | EP0643236 | 3/15/1995 | 94306652.2 | 9/9/1994 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | ELECTROMAGNETIC COUPLING DISCS AND METHOD OF MAKING THE SAME | 4,117,614 | 3/3/2005 | P4117614.6 | 5/29/1991 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | UNIDAMP ARMATURE | G9103369.1 | 8/1/1991 | G9103369.1 | 3/19/1991 | Active | ||||||||||||
patent
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Germany | Warner Electric Technology Inc. | MAG STOP CLUTCH WITH CENTER POLE | EP’0953784 | 9/22/2004 | 99303330.7 | 4/28/1999 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
Patent
|
Germany | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP00713026 | 3/28/2001 | 95203457.7 | 1/12/1993 | Active | ||||||||||||
Patent
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Germany | Warner Electric Technology Inc. | SPRAG RETAINER WITH ROTATIONAL RESTRAINT | EP0602889 | 6/22/1994 | 93309865.9 | 12/9/1993 | Active | ||||||||||||
Patent
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Xxxxxx | Xxxxxx Electric Technology Inc. | ANTI-SLIP INESERT FOR A BACKSTOPPING CLUTCH | 152,385 | 08/05/2009 | 152385 | 10/20/2002 | Active | ||||||||||||
Patent
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Xxxxxx | Xxxxxx Electric Technology Inc. | IMPROVED BI-DIRECTIONAL BACK STOPPING CLUTCH | 95688 | 11/19/1992 | 95688 | 9/14/1990 | Active | ||||||||||||
Patent
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Xxxxxx | Xxxxxx Electric Technology Inc. | SPRAG RETAINER WITH ROTATIONAL RESTRAINT | 107584 | 11/12/1993 | 107584 | 11/12/1993 | Active | ||||||||||||
Patent
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Italy | Warner Electric Technology LLC | Rotational Coupling Device | EP1893884 | 11/25/2009 | 06770520.2 | 1/10/2008 | Active | ||||||||||||
Patent
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Italy | Warner Electric Technology Inc. | ELECTROMAGNETIC CLUTCH WITH PERMANENT MAGNET BRAKE | EP0637022 | 5/29/1996 | 92309229.0 | 10/9/1992 | Active | ||||||||||||
Patent
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Italy | Warner Electric Technology Inc. | ELECTROMAGNETIC FRICTION BRAKEWITH IMPROVED MOUNTING PINS | EP0434272 | 7/20/1994 | 90313378 | 12/10/1990 | Active | ||||||||||||
Patent
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Italy | Warner Electric Technology Inc. | METHOD OF MANUFACTURING A ROTOR FOR AN ELECTROMAGNETIC CLUTCH ASSEMBLY | XX0000000 | 10/16/2002 | 98302223.7 | 03/24/1998 | Active | ||||||||||||
patent
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Italy | Warner Electric Technology Inc. | MAG STOP CLUTCH WITH CENTER POLE | EP’0953784 | 9/22/2004 | 99303330.7 | 4/28/1999 | Active | ||||||||||||
Patent
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Italy | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP0552011 | 3/26/1997 | 93300169.5 | 1/12/1993 | Active | ||||||||||||
Patent
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Italy | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP00713026 | 3/28/2001 | 95203457.7 | 1/12/1993 | Active | ||||||||||||
Patent
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Italy | Warner Electric Technology Inc. | UNIDAMP ARMATURE | 1,244,554 | 7/15/1994 | RM91A000202 | 3/27/1991 | Active | ||||||||||||
Patent
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Italy | Warner Electric Technology Inc. | SPRAG RETAINER WITH ROTATIONAL RESTRAINT | EP0602889 | 6/22/1994 | 93309865.9 | 12/9/1993 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | CLUTCH BRAKE ASSEMBLY | 3,723,872 | 09/30/2005 | 329,410/95 | 11/27/1995 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | ELECTROMAGNETIC CLUTCH WITH PERMANENT MAGNET BRAKE | 3,507,954 | 1/9/2004 | 288,154/92 | 10/05/1992 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | ELECTROMAGNETIC COUPLING DISC AND METHOD OF MAKING THE DISC | 2761413 | 3/20/1998 | 275764/89 | 10/23/1989 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | HIGH STRENGTH ELECTROMAGNETIC COUPLING DISC | 3,966,368 | 08/29/2007 | 227,370/94 | 08/30/1994 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | METHOD OF MAKING AN ELECTROMAGNETIC COUPLING DISC | 3316595 | 06/14/2002 | 191,371/92 | 06/26/1992 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | ELECTROMAGNETIC SYNCHRONIZING AND SHIFTING CLUTCH — ESS | 3,433,269 | 5/30/2003 | 343,834/91 | 10/28/1991 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | UNIDAMP ARMATURE | 3074398 | 06/09/2000 | 133666/91 | 03/28/1991 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 3,820,554 | 6/30/2006 | 2004-14,295 | 1/22/2004 | Active | ||||||||||||
Patent
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Japan | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 3,538,848 | 4/2/2004 | 19425/93 | 1/13/1993 | Active | ||||||||||||
Patent
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Malaysia | Warner Electric Technology LLC | ANTI-SLIP INESERT FOR A BACKSTOPPING CLUTCH | MY-117,623-A | 7/31/2004 | P120011880 | 04/20/2001 | Active | ||||||||||||
Patent
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Mexico | Warner Electric Technology Inc. | ARMATURE FOR SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | 232,309 | 11/23./2005 | PA/a/2001/010462 | 10/16/2001 | Active |
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IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
Patent
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Mexico | Warner Electric Technology Inc. | ARMATURE FOR SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | 238,848 | 07/24/2006 | PA/A/2005/007753 | 7/21/2005 | Active | ||||||||||||
Patent
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Singapore | Warner Electric Technology Inc. | ANTI-SLIP INESERT FOR A BACKSTOPPING CLUTCH | 92,564 | 02/28/2005 | 200206523-3 | 04/19/2001 | Active | ||||||||||||
Patent
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Singapore | Warner Electric Technology Inc. | FORMLOCK SHOES WITH FLATS | 52,991 | 04/30/2004 | 9702069-7 | 06/27/1997 | Active | ||||||||||||
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Singapore | Warner Electric Technology Inc. | Liquid Cooled Brake assembley | 141,736 | 8/31/2009 | 200802767-4 | 4/11/2008 | Active | ||||||||||||
Patent
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South Korea | Warner Electric Technology Inc. | ARMATURE FOR SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | 828,851 | 05/02/2008 | 7013844/2001 | 10/29/2001 | Active | ||||||||||||
Patent
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South Korea | Warner Electric Technology Inc. | ELECTROMAGNETIC CLUTCH WITH PERMANENT MAGNET BRAKE | 232799 | 9/8/1999 | 18665/1992 | 10/10/1992 | Active | ||||||||||||
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South Korea | Warner Electric Technology Inc. | MAG STOP CLUTCH WITH CENTER POLE | 530,579 | 11/16/2005 | 15334/1999 | 4/29/1999 | Active | ||||||||||||
Patent
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South Korea | Warner Electric Technology Inc. | SOUND DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 519,028 | 09/27/2005 | 6203/1999 | 2/25/1999 | Active | ||||||||||||
Patent
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South Korea | Warner Electric Technology Inc. | SUPPORTING HUB FOR CLUTCH AND PUMP ASSEMBLY | 323,800 | 1/25/2002 | 23609 | 11/8/1993 | Active | ||||||||||||
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South Korea | Warner Electric Technology Inc. | METHOD OF MAKING AN ELECTROMAGNETIC COUPLING DISC | 215,247 | 5/21/1999 | 11273/1992 | 6/26/1992 | Active | ||||||||||||
Patent
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South Korea | Warner Electric Technology Inc. | ARMATURE FOR SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | 855153 | 08/22/2008 | 7024365/2007 | 10/23/2007 | Active | ||||||||||||
Patent
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Spain | Warner Electric Technology LLC | Rotational Coupling Device | EP1893884 | 11/25/2009 | 06770520.2 | 1/10/2008 | Active | ||||||||||||
Patent
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Spain | Warner Electric Technology Inc. | MAG STOP CLUTCH WITH CENTER POLE | EP’0953784 | 9/22/2004 | 99303330.7 | 4/28/1999 | Active | ||||||||||||
Patent
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Taiwan | Warner Electric Technology Inc. | ELECTROMAGNETIC CLUTCH WITH PERMANENT MAGNET BRAKE | NI61152 | 6/23/1993 | 81105630 | 7/16/1992 | Active | ||||||||||||
Patent
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Turkey | Warner Electric Technology Inc. | ANTI-SLIP INESERT FOR A BACKSTOPPING CLUTCH | TR2002 02428B | 7/21/2003 | 02/2428 | 10/24/2002 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology LLC | Rotational Coupling Device | EP1893884 | 11/25/2009 | 06770520.2 | 1/10/2008 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | ARMATURE FOR SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | EP1171721 | 05/03/2006 | 09109241.0 | 02/14/2001 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | EP0552011 | 3/26/1997 | 93300169.5 | 1/12/1993 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | CLUTCH BRAKE ASSEMBLY | 2,295,656 | 08/12/1998 | 9524410.9 | 11/29/1995 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | HIGH STRENGTH ELECTROMAGNETIC COUPLING DISC | EP0645550 | 3/29/1995 | 94306356.0 | 8/30/1994 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | CLUTCH WITH SPACER FOR SUPPORTING A BEARING | EP0604190 | 9/3/1997 | 93310365.7 | 12/21/1993 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | ELECTROMAGNETIC COUPLING DISCS AND METHOD OF MAKING THE SAME | 2244529 | 2/2/1994 | 9111037.9 | 5/22/1991 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | ELECTROMAGNETIC FRICTION BRAKEWITH IMPROVED MOUNTING PINS | EP0434272 | 7/20/1994 | 90313378 | 12/10/1990 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | IMPROVED BI-DIRECTIONAL BACK STOPPING CLUTCH | 2,237,855 | 1/12/1994 | 9021038.6 | 9/27/1990 | Active | ||||||||||||
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United Kingdom | Warner Electric Technology Inc. | METHOD OF MAKING AN ELECTROMAGNETIC COUPLING DISC | EP0521640 | 1/18/1995 | 92305695.6 | 6/22/1992 | Active |
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United Kingdom | Warner Electric Technology Inc. | METHOD OF MANUFACTURING A ROTOR FOR AN ELECTROMAGNETIC CLUTCH ASSEMBLY |
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Patent Appl.
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Japan | Warner Electric Technology Inc. | SOUND-DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 54761/94 | 3/2/1994 | Pending | ||||||||||||
Patent Appl.
|
Japan | Warner Electric Technology LLC | Rotational Coupling Device | 2008-515719 | 12/3/2007 | Pending | ||||||||||||
Patent Appl.
|
Japan | Warner Electric Technology LLC | Rotational Coupling Device | 2008-515720 | 12/3/2007 | Pending | ||||||||||||
Patent Appl.
|
Japan | Warner Electric Technology LLC | Rotational Coupling Device | TBD | 9/29/2008 | Pending | ||||||||||||
Patent Appl.
|
Japan | Warner Electric Technology LLC | Rotational Coupling Device | 2008-515721 | 12/3/2007 | Pending | ||||||||||||
Patent Appl.
|
Japan | Warner Electric Technology LLC | Rotational Coupling Device | 2009-504258 | 9/29/2008 | Pending | ||||||||||||
Patent Appl.
|
Japan | Warner Electric Technology LLC | OVERRUNNING CLUTCH | 2009-511247 | 11/18/2008 | Pending | ||||||||||||
Patent Appl.
|
Japan | ??? | SOUND DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 50,440/99 | 02/26/1999 | Pending | ||||||||||||
Patent Appl.
|
Mexico | Warner Electric Technology LLC | Rotational Coupling Device | MX/a/2007/014993 | 11/28/2007 | Pending | ||||||||||||
Patent Appl.
|
Mexico | Warner Electric Technology LLC | Rotational Coupling Device | MX/a/2007/014992 | 11/28/2007 | Pending | ||||||||||||
Patent Appl.
|
Mexico | Warner Electric Technology LLC | Rotational Coupling Device | MX/a/2007/014996 | 11/28/2007 | Pending | ||||||||||||
Patent Appl.
|
Mexico | Warner Electric Technology Inc. | Liquid Cooled Brake assembley | MX/a/2008/005291 | 4/23/2008 | Pending | ||||||||||||
Patent Appl.
|
Mexico | Warner Electric Technology LLC | BALANCED FLOW COOLING WATER JACKET | MX/a/2008/005290 | 4/23/2008 | Pending | ||||||||||||
Patent Appl.
|
PCT | Warner Electric Technology LLC | Sparag Retainer for OVERRUNNING CLUTCH | PCT/US2008/079310 | 10/09/2008 | Pending | ||||||||||||
Patent Appl.
|
PCT | Warner Electric Technology LLC | Rotational Coupling Device With Sealed Key | PCT/US09/044679 | 5/20/2009 | Pending | ||||||||||||
Patent Appl.
|
PCT | Warner Electric Technology LLC | [*] | [*] | [*] | [*] | ||||||||||||
Patent Appl.
|
Russia | Warner Electric Technology LLC | Liquid Cooled Brake assembley | 2008121805 | 5/30/2008 | Pending | ||||||||||||
Patent Appl.
|
Russia | Warner Electric Technology LLC | BALANCED FLOW COOLING WATER JACKET | 2008121806 | 5/30/2008 | Pending | ||||||||||||
Patent Appl.
|
Singapore | Warner Electric Technology LLC | BALANCED FLOW COOLING WATER JACKET | 200802768-2. | 4/11/2008 | Pending | ||||||||||||
Patent Appl.
|
Singapore | Warner Electric Technology LLC | AquaMaKKs Brake (Liquid Cooled Brake With Support Columns) | 200904860-4. | 07/17/2009 | Pending | ||||||||||||
Patent Appl.
|
South Africa | Warner Electric Technology LLC | AquaMaKKs Brake (Liquid Cooled Brake With Support Columns) | 2009/05050 | 7/20/2009 | Pending | ||||||||||||
Patent Appl.
|
South Korea | Warner Electric Technology LLC | Rotational Coupling Device | 00-0000-0000000 | 1/9/2008 | Pending |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
Patent Appl.
|
South Korea | Warner Electric Technology LLC | Rotational Coupling Device | 00-0000-0000000 | 1/9/2008 | Pending | ||||||||||||||
Patent Appl.
|
South Korea | Warner Electric Technology LLC | Rotational Coupling Device | 00-0000-0000000 | 1/9/2008 | Pending | ||||||||||||||
Patent Appl.
|
South Korea | Warner Electric Technology LLC | Rotational Coupling Device | 00-0000-0000000 | 9/24/2008 | Pending | ||||||||||||||
Patent Appl.
|
Taiwan | Warner Electric Technology LLC | Automatically released bi-directional overunning clutch | 096102358 | 1/22/2007 | Pending | ||||||||||||||
Patent
|
USA | Inertia Dynamics, LLC | Electromagnetic disc brake with rubber friction disk braking surface | 6161659 | 12/19/2000 | 09/167006 | 09/29/1998 | Active | ||||||||||||
Patent
|
USA | Inertia Dynamics, LLC | Clutch system and method | 6488133 | 12/3/2002 | 09/528690 | 03/20/2000 | Active | ||||||||||||
Patent
|
USA | Inertia Dynamics, LLC | Elevator brake assembly | 6675939 | 01/13/2004 | 09/773722 | 01/31/2001 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 5,150,779 | 9/29/1992 | 07/820344 | 1/14/1992 | Active | ||||||||||||
Patent
|
USA | Inertia Dynamics, LLC | Power-off brake with manual release | 5915507 | 06/29/1999 | 08/932904 | 09/17/1997 | Active | ||||||||||||
Patent
|
USA | Inertia Dynamics, LLC | Electric clutch and brake | 6047805 | 04/11/2000 | 08/937816 | 09/29/1997 | Active | ||||||||||||
Patent
|
USA | Inertia Dynamics, LLC | Electro-mechanical variable speed clutch | 5979630 | 11/9/1999 | 08/938862 | 09/26/1997 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | UNIDAMP ARMATURE | 5,036,964 | 8/6/1991 | 07/500,466 | 3/28/1990 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | ELECTROMAGNETIC COUPLING DISCS AND METHOD OF MAKING THE SAME. | 5,096,036 | 3/17/1992 | 07/531,465 | 5/31/1990 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | APPARATUS FOR RESISTANCE BONDING ELECTROMAGNETIC COILS | 5,091,619 | 2/25/1992 | 07/543,706 | 6/26/1990 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | FIELD ASSEMBLY FOR AN ELECTROMAGNET | 5,250,921 | 10/5/1993 | 07/600,199 | 10/19/1990 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | ELECTROMAGNETIC SYNCHRONIZING AND SHIFTING CLUTCH — ESS | 5,052,534 | 10/1/1991 | 07/605,517 | 10/30/1990 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | LOW COST SPRAG RETAINER | 5,070,976 | 12/10/1991 | 07/634,903 | 12/27/1990 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | DIGITAL CONTROL SYSTEM FOR ELECTROMAGNETIC CLUTCH | 5,094,332 | 3/10/1992 | 07/664,075 | 12/31/1990 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | ELECTROMAGNETIC COUPLING ARMATURE ASSEMBLY WITH FLUX ISOLATOR SPRINGS | 5,119,915 | 6/9/1992 | 07/700,439 | 5/15/1991 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | METHOD OF MAKING AN ELECTROMAGNETIC COUPLING DISC | 5,125,255 | 6/30/1992 | 07/721,972 | 6/27/1991 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | ELECTROMAGNETIC CLUTCH WITH PERMANENT MAGNET BRAKE | 5,119,918 | 6/9/1992 | 07/774,92 | 10/11/1991 | Active | ||||||||||||
Patent
|
USA | Ameridrives International, LLC | Driveshaft with slip joint seal | 5,230,658 | 07/27/1993 | 07/864,307 | 04/06/1992 | Active | ||||||||||||
Patent
|
USA | XX Xxxxx Enterprises, Inc. | Shaft Mountable Bushing and Hub for Industrail xxxx transmission | 5304101 | 4/19/1994 | 07/919223 | 7/27/1992 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | SPLIT TUBE HAVING RETAINABLE ENDS | 5,280,829 | 1/25/1994 | 07/931,638 | 8/18/1992 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | SUPPORTING HUB FOR CLUTCH AND PUMP ASSEMBLY | 5,310,034 | 5/10/1994 | 07/973,291 | 11/9/1992 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | SPRAG RETAINER WITH ROTATIONAL RESTRAINT | 5,337,869 | 8/16/1994 | 07/991,021 | 12/15/1992 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | CLUTCH WITH SPACER FOR SUPPORTING A BEARING | 5,285,882 | 2/15/1994 | 07/996,122 | 12/23/1992 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | SOUND-DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 5,372,228 | 12/13/1994 | 08/026,499 | 3/4/1993 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | ROTOR FOR ELECTROMAGNETIC COUPLING | 5,305,865 | 4/26/1994 | 08/026,995 | 3/5/1993 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | HIGH STRENGTH ELECTROMAGNETIC COUPLING DISC | 5,445,259 | 8/29/1995 | 08/114,320 | 8/30/1993 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | UNIDRIVE ARMATURE HUB | 5,370,209 | 12/6/1994 | 08/119,729 | 9/10/1993 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | CLUTCH BRAKE ASSEMBLY | 5,549,186 | 8/27/1996 | 08/346,622 | 11/30/1994 | Active | ||||||||||
Patent
|
USA | XX Xxxxx Enterprises, Inc. | Flexible Coupling with End Stress Relief Structure | 5611732 | 3/18/1997 | 08/512,137 | 8/7/1995 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | METHOD OF MANUFACTURING A COMPONENT FOR AN ELECTROMAGNETIC FRICTION CLUTCHASSEMBLY |
5,708,955 | 1/13/1998 | 08/558,906 | 11/16/1995 | Active | ||||||||||
Patent
|
USA | Ameridrives International, LLC | Driveshaft with sealed slip joint seal | 5,655,968 | 08/12/1997 | 08/646,202 | 05/07/1996 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | FORMLOCK SHOES WITH FLATS | 5,865,284 | 2/2/1999 | 08/666,068 | 6/21/1996 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | METHOD OF MANUFACTURING A ROTOR FOR AN ELECTROMAGNETIC CLUTCH ASSEMBLY |
5,920,981 | 7/13/1999 | 08/823,990 | 3/25/1997 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | SOUND DAMPING ARMATURE ASSEMBLY FOR AN ELECTROMAGNETIC COUPLING | 6,194,803 | 2/27/2001 | 09/032,572 | 2/27/1998 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | MAG STOP CLUTCH WITH CENTER POLE | 5,971,121 | 10/26/1999 | 09/070,068 | 4/30/1998 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | ARMATURE FOR A SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | 6,364,084 | 4/2/2002 | 09/515779 | 2/29/2000 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | ANTI-SLIP INESERT FOR A BACKSTOPPING CLUTCH | 6,257,388 | 7/10/2001 | 09/556510 | 4/24/2000 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | METHOD FOR MAKING AN ARMATURTE ASSEMBLEY | 6,591,477 | 7/7/2003 | 09/684,117 | 10/06/2000 | Active | ||||||||||
Patent
|
USA | Xxxx Corporation | ARMATURE FOR A SELECTIVELY ENGAGEABLE AND DISENGAGEABLE COUPLING | 6,557,236 | 05/06/2003 | 10/027,095 | 12/20/2001 | Active | ||||||||||
Patent
|
USA | Warner Electric LLC | Electromechanical screw drive actuator | 6,927,513 | 8/9/2005 | 10/609,883 | 6/30/2003 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | IMPROVED DRIVE ASSEMBLY WITH LIGHTWEIGHT BACKSTOPPPING CLUTCH | 7,261,196 | 08/28/2007 | 11/064, 611 | 02/24/05 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | Rotational Coupling Device | 11/150670 | 6/10/2005 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | Rotational Coupling Device | 7,493,996 | 2/24/2009 | 11/150671 | 6/10/2005 | Active | ||||||||||
Patent
|
USA | XX Xxxxx Enterprises, Inc. | Flexible Coupling Device | 7,390,265 | 6/24/2008 | 11/256,463 | 10/21/2005 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | BALANCED FLOW COOLING WATER JACKET | 7,374,027 | 5/20/2008 | 11/263,394 | 10/31/2005 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | Liquid Cooled Brake assembley | 7,591,349 | 9/22/2009 | 11/263,399 | 10/31/2005 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | Rotational Coupling Device | 7,527,134 | 5/5/2009 | 11/278,448 | 4/3/2006 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | Automatically released bi-directional overunning clutch | 7,389,863 | 6/24/2008 | 11/341,763 | 01/27/2006 | Active | ||||||||||
Patent
|
USA | Warner Electric Technology LLC | AquaMaKKs Brake (Liquid Cooled Brake With Support Columns) | 11/670,698 | 2/2/2007 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | Torque Arm Assembly for a Backstopping Clutch | 11/743,894 | 5/3/2007 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | Overrunning Clutch | 11/750,733 | 5/18/2007 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | Sparag Retainer for OVERRUNNING CLUTCH | 11/871,542 | 10/12/2007 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | BALANCED FLOW COOLING WATER JACKET | 12/016,504 | 1/18/2008 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | Rotational Coupling Device | 12/048,638 | 3/14/2008 | Active | ||||||||||||
Patent
|
USA | Warner Electric Technology LLC | DUAL ACTUATOR FRICTION BRAKE ASSEMBLY | 7,556,128 | 7/7/2009 | 11/263,395 | 10/31/2005 | Active | ||||||||||
Patent Appl.
|
USA | Warner Electric Technology LLC | “Dual Actuator Friction Brake Assembly” | 12/364,116 | 2/2/2009 | Pending | ||||||||||||
Patent Appl.
|
USA | Warner Electric Technology LLC | Rotational Coupling Device | 11/150027 | 6/10/2005 | Pending | ||||||||||||
Patent Appl.
|
USA | Xxxxxx Manufacturing Corporation | Bearing assembly for a steering assembly | 7,637,667 | 12/29/2009 | 11/773,715 | 7/5/2007 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||
Patent Appl.
|
USA | Warner Electric Technology LLC | Rotational Coupling Device With Sealed Key | 12/124,699 | 5/21/2008 | Pending | ||||||||||
Patent Appl.
|
USA | Warner Electric Technology LLC | “Safety Control for Release of Backstopping Clutch” | 12/175,995 | 07/18/2008 | Pending | ||||||||||
Patent Appl.
|
USA | Warner Electric Technology LLC | [*] | [*] | [*] | [*] | ||||||||||
Patent Appl.
|
USA | Warner Electric Technology LLC | [*] | [*] | [*] | [*] |
NOTES:
Warner Electric Technology, Inc.
A number of patents and trademarks owned by Warner Electric Technology LLC remain in the former name (Warner Electric Technology, Inc.) of the company on the records of various foreign patent and trademark offices. Efforts to record the change in name are in progress with respect to some of the patents and trademarks. For others, a conscious decision was made to hold off on recordation pending some other action relating to the property (e.g., the next renewal of a trademark registration). For yet others, a decision was made not to record the change in name in view of a decision to allow various registrations or patents to lapse).
A number of patents and trademarks owned by Warner Electric Technology LLC remain in the former name (Warner Electric Technology, Inc.) of the company on the records of various foreign patent and trademark offices. Efforts to record the change in name are in progress with respect to some of the patents and trademarks. For others, a conscious decision was made to hold off on recordation pending some other action relating to the property (e.g., the next renewal of a trademark registration). For yet others, a decision was made not to record the change in name in view of a decision to allow various registrations or patents to lapse).
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
TM
|
Argentina | Warner Electric Technology Inc. | WICIHITA & Desgn (stylized) | 1,970,585 | 02/16/2004 | 2472032 | 10/29/2003 | Active | ||||||||||||
TM
|
Argentina | XX Xxxxx Enterprises, Inc. | Dura-Flex | 1,783,301 | 3/27/2000 | 2,066,443 | 1/23/1997 | Active | ||||||||||||
TM
|
Australia | Boston Gear LLC | BOSTON GEAR | 522543 | 11/6/1989 | 11/06/1989 | Active | |||||||||||||
TM
|
Australia | Warner Electric Technology Inc. | XXXXXXX | 000000 | 06/29/1993 | 564784 | 10/03/1991 | Active | ||||||||||||
TM
|
Australia | Warner Electric Technology Inc. | WICHITA | 640944 | 08/05/1996 | 640944 | 09/16/1994 | Active | ||||||||||||
TM
|
Australia | Warner Electric Technology LLC | WARNER LINEAR | 1,125,414 | 7/21/2006 | 1125414 | 7/21/2006 | Active | ||||||||||||
TM
|
Australia | Altra Industrial Motion, Inc. | A&Design | 1185473 | 07/03/2007 | 1185473 | 07/03/2007 | Active | ||||||||||||
TM
|
Australia | XX Xxxxx Enterprises, Inc. | Sure-Flex & Design (stylized) | B375,472 | 5/13/1982 | B375,472 | 5/13/1982 | Active | ||||||||||||
TM
|
Austria | Warner Electric Technology LLC | WARNER | 36391 | 04/13/1957 | AM 2025/56 | 10/24/1956 | Active | ||||||||||||
TM
|
Austria | Warner Electric Technology Inc. | WARNER ELECTRIC AND BACKGROUND DESIGN | 50589 | 07/19/1963 | AM 760/63 | 03/26/1963 | Active | ||||||||||||
TM
|
Benelux | Warner Electric Technology LLC | FORMSPRAG | 15729 | 01/21/1971 | 248 | 01/21/1971 | Active | ||||||||||||
TM
|
Benelux | Warner Electric Technology LLC | XXXXXXX | 000000 | 10/21/1991 | 770814 | Active | |||||||||||||
TM
|
Benelux | Warner Electric Technology LLC | WARNER | 42990 | 01/12/1972 | 6207 | 06/15/1971 | Active | ||||||||||||
TM
|
Benelux | Warner Electric Technology Inc. | WARNER ELECTRIC AND BACKGROUND DESIGN | 44210 | 06/28/1971 | 6777 | 06/28/1971 | Active | ||||||||||||
TM
|
Benelux | Warner Electric Technology LLC | XXXXXXX | 00000 | 09/20/1971 | 12065 | 09/20/1971 | Active | ||||||||||||
TM
|
Benelux | XX Xxxxx Enterprises, Inc. | Sure-Flex | 0316801 | 10/20/1972 | 0316801 | 10/20/1972 | Active | ||||||||||||
TM
|
Brazil | Warner Electric Technology Inc. | FORMSPRAG | 770219144 | 04/20/1982 | X | 08/12/1997 | Active | ||||||||||||
TM
|
Brazil | Warner Electric Technology Inc. | WARNER ELECTRIC AND BACKGROUND DESIGN | 007069901 | 02/25/1980 | 9738/M-72 | 06/14/1972 | Active | ||||||||||||
TM
|
Brazil | Warner Electric Technology LLC | WICHITA | 006788939 | 10/10/1978 | 21912 | 08/12/1971 | Active | ||||||||||||
TM
|
Brazil | XX Xxxxx Inc. | Sure-Flex | 810,942,631 | 3/19/1985 | 810,942,631 | 8/23/1982 | Active | ||||||||||||
TM Appl.
|
Brazil | Formsprag LLC | Cebmag | 829.095.985 | 4/13/2007 | Pending | ||||||||||||||
TM
|
Brazil | Formsprag LLC | Cecon | 829.095.993 | 10/6/2009 | 829.095.993 | 4/13/2007 | Pending | ||||||||||||
TM
|
Brazil | Formsprag LLC | Marland | 829.096.000 | 10/6/2009 | 829.096.000 | 4/13/2007 | Pending | ||||||||||||
TM Appl.
|
Brazil | Altra Industrial Motion, Inc. | A&Design | 829278044 | 07/31/2007 | Pending | ||||||||||||||
TM Appl.
|
Brazil | Formsprag LLC | BC MA | 901417858 | 1/22/2009 | Pending | ||||||||||||||
TM Appl.
|
Canada | Altra Industrial Motion, Inc. | A & Design | 1374252 | 11/30/2007 | Pending | ||||||||||||||
TM
|
Canada | Boston Gear LLC | BEAR-N-BRONZ & Design | TMA116839 | 02/05/1960 | 252099 | 07/23/1959 | Active | ||||||||||||
TM
|
Canada | Boston Gear LLC | BG & Design | TMA116836 | 02/05/1960 | 252095 | 07/23/1959 | Active | ||||||||||||
TM
|
Canada | Boston Gear LLC | XXXX-XXXXX | TMA118130 | 05/20/1960 | 252100 | 07/23/1959 | Active | ||||||||||||
TM
|
Canada | Boston Gear LLC | BOSTON GEAR & Design | TMA172185 | 10/23/1970 | 318048 | 11/29/1968 | Active | ||||||||||||
TM
|
Canada | Warner Electric Technology LLC | FORMSPRAG | TMA108144 | 09/27/1957 | 0239971 | 03/21/1957 | Active | ||||||||||||
TM
|
Canada | Warner Electric Technology Inc. | XXXXXX KOOL | TMA568894 | 10/06/2002 | 1001794 | 01/12/1999 | Active | ||||||||||||
TM
|
Canada | Boston Gear LLC | RATIO MOTOR | UCA6161 | 06/18/1936 | 168466 | 06/18/1936 | Active | ||||||||||||
TM
|
Canada | Boston Gear LLC | RATIO PAX | XXX000000 | 7/4/1975 | 374799 | 05/01/1974 | Active | ||||||||||||
TM
|
Canada | Boston Gear LLC | RIGHT-90 | TMA143118 | 12/17/1965 | 288461 | 04/01/1965 | Active | ||||||||||||
TM
|
Canada | Warner Electric Technology LLC | WARNER | UCA50550 | 04/20/1954 | 0224428 | 04/20/1954 | Active | ||||||||||||
TM
|
Canada | Warner Electric Technology LLC | WARNER ELECTRIC | TMA-134253 | 01/17/1964 | 277382 | 08/19/1963 | Active | ||||||||||||
TM
|
Canada | Warner Electric Technology LLC | WICHITA | TMA120129 | 09/19/1958 | 247460 | 09/19/1958 | Active | ||||||||||||
TM
|
Canada | American Enterprises MPT L.P. | AMERICAN | UCA0045654 | 06/11/1952 | 215415 | 06/11/1952 | Active | ||||||||||||
TM
|
Canada | American Enterprises MPT L.P. | AMERIGEAR | UCA0043128 | 06/11/1952 | 215414 | 06/11/1952 | Active | ||||||||||||
TM
|
Canada | Warner Electric Technology LLC | SHEAVE-GRIP | TMA728275 | 11/13/2008 | 1,176,042 | 4/28/2003 | Active | ||||||||||||
TM
|
Canada | Boston Gear LLC | CENTRIC | TMA324230 | 02/27/1987 | 562625 | 05/13/1986 | Active | ||||||||||||
TM
|
Canada | Xxxxxx Manufacturing Corporation | XXXXXX | TMA 354757 | 4/21/1989 | 608151 | 5/27/1998 | Active | ||||||||||||
TM
|
Canada | Warner Electric Technology LLC | GFR | TMA492416 | 4/16/1998 | 845220 | 5/15/1997 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
TM
|
Canada | Warner Electric Technology LLC | WARNER LINEAR | TMA774,406 | 7/30/2009 | 1310145 | 7/21/2006 | Active | ||||||||||||
TM
|
Canada | XX Xxxxx Enterprises, Inc. | Formflex | TMA215307 | 8/13/1976 | 352,690 | 4/26/1972 | Active | ||||||||||||
TM
|
Canada | XX Xxxxx Enterprises, Inc. | Speedlign | TMA665,131 | 5/29/2006 | 1,223,603 | 7/14/2004 | Active | ||||||||||||
TM
|
Canada | XX Xxxxx Enterprises, Inc. | Sure-Flex | XXX000000 | 3/1/1991 | 645,519 | 11/23/1989 | Active | ||||||||||||
TM
|
Canada | XX Xxxxx Enterprises, Inc. | Qt Power Chain | TMA623,038 | 10/20/2004 | 1,157,003 | 10/25/2002 | Active | ||||||||||||
TM
|
Canada | XX Xxxxx Enterprises, Inc. | Xxxxx@Work | TMA626,975 | 11/29/2004 | 1,157,004 | 10/25/2002 | Active | ||||||||||||
TM
|
Canada | Xxxx Corp. | Disc-O-Torque | TMA171577 | 9/25/1970 | 325923 | 9/16/1969 | Active | ||||||||||||
TM Appl.
|
Canada | XX Xxxxx Enterprises, Inc. | G-Flex | 1406538 | 8/7/2008 | Pending | ||||||||||||||
TM
|
Chile | Warner Electric Technology Inc. | WICHITA | 543319 | 06/25/1999 | 435364 | 12/14/1998 | Active | ||||||||||||
TM
|
China | Warner Electric Technology Inc. | FORMSPRAG | 520390 | 05/30/1990 | 8927113 | Active | |||||||||||||
TM
|
China | Warner Electric Technology Inc. | WICHITA | 520391 | 05/30/1990 | 8927115 | 08/08/1989 | Active | ||||||||||||
TM
|
China | Warner Electric Technology LLC | WARNER LINEAR | 5,655,144 | 9/7/2009 | 5655144 | 10/12/2006 | Active | ||||||||||||
TM
|
Colombia | Warner Electric Technology Inc. | WICHITA | 121609 | 02/26/1987 | 92.355.818 | 08/19/1983 | Active | ||||||||||||
TM
|
Europe (CTM) | XX Xxxxx Inc. | Dura-Flex | 507277 | 10/2/2000 | 507.277 | 4/2/1997 | Active | ||||||||||||
TM Appl.
|
Europe (CTM) | Altra Industrial Motion, Inc. | A&Design | 006067953 | 05/16/2008 | 006067953 | 07/04/2007 | Active | ||||||||||||
TM
|
Europe (CTM) | Warner Electric Technology LLC | WARNER LINEAR | 5,214,648 | 5/11/2007 | 5214648 | 7/21/2006 | Active | ||||||||||||
TM
|
Finland | Warner Electric Technology Inc. | MAGNUM | 111882 | 05/20/1991 | T198601641 | 04/24/1986 | Active | ||||||||||||
TM
|
Finland | Warner Electric Technology LLC | MISTRAL | TM 142083 | 01/22/1996 | T199104906 | 10/16/1991 | Active | ||||||||||||
TM
|
Finland | Warner Electric Technology Inc. | MAXIM | TM 110492 | 02/05/1991 | T198601642 | 04/24/1986 | Active | ||||||||||||
TM
|
France | Boston Gear LLC | BOSTON | 1624494 | 04/12/1991 | INPI121128 | 04/13/1989 | Active | ||||||||||||
TM
|
France | Boston Gear LLC | BOSTON GEAR | 1624493 | 04/12/1991 | INPI121227 | 04/03/1989 | Active | ||||||||||||
TM
|
France | Warner Electric Technology LLC | FORMSPRAG | 1197077 | 03/10/1972 | 622349 | Active | |||||||||||||
TM
|
France | Warner Electric Technology Inc. | MISTRAL | 1700743 | 10/22/1991 | Active | ||||||||||||||
TM
|
France | Warner Electric Technology LLC | WARNER ELECTRIC | 1547742 | 08/01/1968 | 940649 | Active | |||||||||||||
TM
|
France | Warner Electric Technology Inc. | WARNER & Design | 1,230,455 | 04/18/1958 | Active | ||||||||||||||
TM
|
France | Warner Electric Technology Inc. | WICHITA | 1248360 | 09/19/1958 | 1248360 | Active | |||||||||||||
TM
|
France | XX Xxxxx Enterprises, Inc. | Speedlign | 1,286,266 | 6/19/1974 | 717,131 | 6/19/1974 | Active | ||||||||||||
TM
|
France | XX Xxxxx Enterprises, Inc. | Sure-Flex | 023196347 | 11/27/2002 | 023196347 | 11/27/2002 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology LLC | FORMSPRAG | 708841 | 11/28/1957 | 708 841/7 (F 7773) | 04/02/1957 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology LLC | FORMSPRAG PCE | 998923 | 03/07/1980 | D34116/7WZ | 06/07/1979 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology LLC | XXXXXX KOOL | 1,039,311 | 10/06/1982 | D36687/7 | 10/08/1981 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology LLC | MISTRAL | 2025422 | 11/30/1992 | T32561 | 10/19/1991 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology Inc. | XXXXXXX | 39511829.8 | 02/05/1996 | X | 03/16/1995 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology LLC | XXXXXXX HEIDELBERG | 784371 | 02/24/1964 | ST06038 | 03/29/1963 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology Inc. | WARNER & Design | 674860 | 04/22/1955 | W04058 | 05/27/1953 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology LLC | WARNER ELECTRIC | 39552705.8 | 12/12/1996 | 39552705.8 | 12/27/1995 | Active | ||||||||||||
TM
|
Germany | XX Xxxxx Enterprises, Inc. | Form-Flex | 1,053,953 | 9/16/1991 | 1,053,953 | 9/16/1991 | Active | ||||||||||||
TM
|
Germany | XX Xxxxx Enterprises, Inc. | Speedlign | 935,511 | 9/17/1975 | M39270 | 6/10/1974 | Active | ||||||||||||
TM
|
Germany | XX Xxxxx Enterprises, Inc. | SureFlex | 926,107 | 12/17/1974 | W24959 | 5/4/1973 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology LLC | GFR | 39,333,006 | 12/9/1997 | 39333006.5 | 7/14/1997 | Active | ||||||||||||
TM
|
Germany | Warner Electric Technology LLC | GFR | 39,807,235 | 3/27/1998 | 39807235.3 | 2/11/1998 | Active | ||||||||||||
TM
|
Great Britain | XX Xxxxx Enterprises, Inc. | SureFlex | B998,327 | 9/13/1972 | B998,327 | 9/13/1972 | Active | ||||||||||||
TM
|
Great Britain | XX Xxxxx Enterprises, Inc. | Dura-Flex | 1,105,120 | 11/22/1978 | 1105120 | 11/22/1978 | Active | ||||||||||||
TM
|
Great Britain | XX Xxxxx Enterprises, Inc. | Speedlign | 1,029,397 | 5/13/1974 | 1,029,397 | 5/13/1974 | Active | ||||||||||||
TM
|
Hong Kong | Warner Electric Technology LLC | WARNER LINEAR | 300685206 | 7/21/2006 | 300685206 | 7/21/2006 | Active | ||||||||||||
TM
|
Hong Kong | Altra Industrial Motion, Inc. | A&Design | 300906066 | 07/05/2007 | 300906066 | 07/05/2007 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
TM
|
India | Warner Electric Technology LLC | FORMSPRAG | 694707 | 05/11/2005 | 694707 | 01/17/1996 | Active | ||||||||||||
TM
|
India | Warner Electric Technology Inc. | XXXXXXX | 662847 | 04/19/1995 | 04/19/1995 | Active | |||||||||||||
TM
|
India | Xxxx Corporation | WARNER ELECTRIC | 672106 | 06/06/1996 | 07/06/1995 | Active | |||||||||||||
TM
|
India | Warner Electric Technology LLC | WICHITA | 694708 | 01/09/2004 | 694708 | 01/17/1996 | Active | ||||||||||||
TM Appl.
|
India | Altra Industrial Motion, Inc. | A&Design | 1584305 | 07/25/2007 | Pending | ||||||||||||||
TM
|
Xxxxxx | Xxxxxx Electric Technology Inc. | XXXXXXX | 00000 | 06/09/1988 | 57106 | 09/07/1983 | Active | ||||||||||||
TM
|
Italy | Warner Electric Technology Inc. | FORMSPRAG | 781,460 | 05/27/1958 | X | 04/23/1957 | Active | ||||||||||||
TM
|
Italy | Warner Electric Technology Inc. | WARNER | 1,075,774 | 11/26/1976 | X | 03/20/1973 | Active | ||||||||||||
TM
|
Italy | Warner Electric Technology Inc. | WARNER ELECTRIC AND BACKGROUND DESIGN | 454836 | 11/12/1966 | X | 03/26/1963 | Active | ||||||||||||
TM
|
Italy | Warner Electric Technology Inc. | WICHITA | 847,574 | 11/19/1959 | RM98C004872 | 10/13/1958 | Active | ||||||||||||
TM
|
Italy | XX Xxxxx Inc. | Sure-Flex | 1037180 | 9/25/1974 | MI2003002784 | 9/25/1992 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | FORMSPRAG | 1169444 | 11/06/1975 | 127386/1971 | 11/24/1971 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | FORMSPRAG | 4018891 | 06/27/1997 | 135207/1995 | 12/28/1995 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | XXXXXX KOOL | 1759530 | 04/23/1985 | 84256/1981 | 10/08/1981 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | MISTRAL | 4033376 | 07/25/1997 | 100751/1991 | 09/27/1991 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | PCE | 1551186 | 11/26/1982 | 85449/1978 | 11/22/1978 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | XXXXXXX | 4109923 | 02/06/1998 | 14030/95 | 02/17/1995 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | WARNER | 452198 | 09/28/1954 | 564/1954 | 01/13/1954 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | WARNER ELECTRIC | 1719848 | 10/31/1984 | 91915/1981 | 11/02/1981 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | WARNER ELECTRIC | 2294610 | 01/31/1991 | 91914/81 | 11/02/1981 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology LLC | WICHITA | 2246130 | 07/30/1990 | 34043/77 | 05/19/1977 | Active | ||||||||||||
TM
|
Japan | Warner Electric Technology Inc. | MAXIM | 2,477,,826 | 11/30/92 | 40400/1986 | 04/18/1986 | Active | ||||||||||||
TM
|
Japan | Altra Industrial Motion, Inc. | A&Design | 5126277 | 04/04/2008 | 2007-075745 | 07/05/2007 | Active | ||||||||||||
TM
|
Japan | XX Xxxxx Enterprises, Inc. | Sure-Flex | 1,923,250 | 12/24/1986 | 40,343/1982 | 5/12/1982 | Active | ||||||||||||
TM
|
Japan | XX Xxxxx Enterprises, Inc. | SureFlex and Katakana | 1,740,974 | 1/23/1995 | 7-700836 | 1/13/1995 | Active | ||||||||||||
TM
|
Japan | XX Xxxxx Enterprises, Inc. | Dura-Flex | 4,166,483 | 7/10/1998 | 27318/97 | 3/17/1997 | Active | ||||||||||||
TM
|
Japan | XX Xxxxx Inc. | Form-Flex | 1,975,830 | 8/19/1987 | 41,517/85 | 8/19/1987 | Active | ||||||||||||
TM
|
Malaysia | Warner Electric Technology Inc. | XXXXXXX | 95/02683 | 03/28/2000 | 95/02683 | 03/28/1995 | Active | ||||||||||||
TM
|
Mexico | IMO Industries Inc. | BOSTON GEAR | 473663 | 9/15/1994 | 161734 | 02/26/1993 | Active | ||||||||||||
TM
|
Mexico | IMO Industries Inc. | BOSTON GEAR | 658794 | 3/24/2000 | 161733 | 02/26/1993 | Active | ||||||||||||
TM
|
Mexico | Warner Electric Technology LLC | FORMSPRAG | 205855 | 09/02/1997 | 114172 | 06/22/1997 | Active | ||||||||||||
TM
|
Mexico | Warner Electric Technology LLC | WARNER | 92550 | 04/14/1958 | 76668 | 01/29/1957 | Active | ||||||||||||
TM
|
Mexico | Warner Electric Technology LLC | WARNER ELECTRIC AND BACKGROUND DESIGN | 115936 | 01/01/1964 | 109532 | 03/04/1963 | Active | ||||||||||||
TM
|
Mexico | Warner Electric Technology Inc. | XXXXXXX | 00000 | 12/09/1958 | 84314 | 09/06/1958 | Active | ||||||||||||
TM
|
Mexico | Warner Electric Technology Inc. | SHEAVE-GRIP | 786,246 | 03/31/2003 | 590,675 | 03/04/2003 | Active | ||||||||||||
TM
|
Mexico | Warner Electric Technology LLC | WARNER LINEAR | 1,060,801 | 7/17/2008 | 796,858 | 7/28/2006 | Active | ||||||||||||
TM
|
Mexico | Altra Industrial Motion, Inc. | A&Design | 1053502 | 08/12/2008 | 873655 | 08/07/2007 | Active | ||||||||||||
TM
|
Mexico | Xxxxxxx Power Transmission Corp. | GFR | 631,573 | 10/29/1999 | 302944 | 07/30/1997 | Active | ||||||||||||
TM
|
Mexico | XX Xxxxx Enterprises, Inc. | Dura-Flex | 552,086 | 6/26/1997 | 297,615 | 6/9/1997 | Active | ||||||||||||
TM
|
Mexico | XX Xxxxx Enterprises, Inc. | Qt Power Chain | 818826 | 1/26/2004 | 573133 | 10/20/2002 | Active | ||||||||||||
TM
|
Mexico | XX Xxxxx Enterprises, Inc. | Xxxxx@Work | 904275 | 10/24/2005 | 573134 | 10/30/2002 | Active | ||||||||||||
TM
|
Mexico | XX Xxxxx Enterprises, Inc. | Speedlign | 896028 | 8/23/2005 | 666,531 | 7/14/2004 | Active | ||||||||||||
TM Appl.
|
Mexico | XX Xxxxx Enterprises, Inc. | G-Flex | 1,120,117 | 9/10/2009 | 953824 | 8/11/2008 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
Unregistered TM
|
n/a | Warner Electric LLC | Bear Rugged-Mobile Tough | n/a | n/a | n/a | n/a | n/a | ||||||||||||
Unregistered TM
|
n/a | Warner Electric LLC | BearTrac | n/a | n/a | n/a | n/a | n/a | ||||||||||||
Unregistered TM
|
n/a | Warner Electric LLC | Kodiak | n/a | n/a | n/a | n/a | n/a | ||||||||||||
TM
|
Peru | Warner Electric Technology LLC | XXXXXXX | 00000 | 04/27/1999 | 75634 | 12/11/1998 | Active | ||||||||||||
TM
|
Singapore | Warner Electric Technology Inc. | WARNER ELECTRIC AND BACKGROUND DESIGN | T82/01188Z | 03/07/1988 | T82/01188Z | 03/09/1982 | Active | ||||||||||||
TM
|
Singapore | Warner Electric Technology LLC | WARNER LINEAR | T06/20041C | 9/26/2006 | T06/20041C | 9/26/2006 | Active | ||||||||||||
TM
|
Singapore | Altra Industrial Motion, Inc. | A&Design | T07/15070C | 07/06/2007 | T0715070C | 07/06/2007 | Active | ||||||||||||
TM
|
Singapore | XX Xxxxx Enterprises, Inc. | SureFlex | T82/02556B | 5/21/1982 | 2556/82 | 5/21/1982 | Active | ||||||||||||
TM
|
South Africa | Warner Electric Technology Inc. | WICHITA | 81/6897 | 09/17/1981 | 81/6897 | 09/17/1981 | Active | ||||||||||||
TM Appl.
|
South Africa | Altra Industrial Motion, Inc. | A&Design | 2007/14502 | 07/05/2007 | Pending | ||||||||||||||
TM Appl.
|
South Africa | Formsprag LLC | Marland | 2009/17809 | 9/11/2009 | Pending | ||||||||||||||
TM
|
South Korea | Warner Electric Technology LLC | WARNER ELECTRIC AND BACKGROUND DESIGN | 84202 | 09/30/1982 | 1982-0000088 | 01/07/1982 | Active | ||||||||||||
TM
|
South Korea | Warner Electric Technology LLC | WARNER ELECTRIC AND BACKGROUND DESIGN | 85916 | 11/23/1982 | 1982-0000086 | 01/07/1982 | Active | ||||||||||||
TM
|
South Korea | Warner Electric Technology LLC | XXXXXXX | 000000 | 01/08/1985 | 1983-0011882 | 08/23/1983 | Active | ||||||||||||
TM
|
South Korea | Warner Electric Technology LLC | WARNER LINEAR | 00-0000000 | 8/7/2007 | 40-2006-0051431 | 10/12/2006 | Active | ||||||||||||
TM
|
South Korea | Altra Industrial Motion, Inc. | A&Design | 00-0000000 | 01/08/2009 | 40-2007-0039600 | 07/25/2007 | Active | ||||||||||||
TM
|
South Korea | XX Xxxxx Enterprises, Inc. | Form-Flex | 140,855 | 5/25/1987 | 7981/1986 | 5/25/1997 | Active | ||||||||||||
TM
|
Spain | Warner Electric Technology LLC | FORMSPRAG | 2006258(3) | 07/05/1996 | 2006258(3) | Active | |||||||||||||
TM
|
Spain | Warner Electric Technology Inc. | XXXXXX KOOL & Design | 1662162 | 06/05/1992 | 1662161 | 10/17/1991 | Active | ||||||||||||
TM
|
Spain | Warner Electric Technology LLC | MAGNUM | 1,142,629 | 10/02/1989 | 04/11/1986 | Active | |||||||||||||
TM
|
Spain | Warner Electric Technology LLC | WARNER ELECTRIC | 2010756 | 10/27/1997 | 2010756 | 02/07/1996 | Active | ||||||||||||
TM
|
Spain | Warner Electric Technology Inc. | WICHITA | 1045719 | 04/05/1984 | 1045719 | 08/30/1983 | Active | ||||||||||||
TM
|
Sweden | Warner Electric Technology LLC | FORMSPRAG | 83978 | 12/20/1957 | Active | ||||||||||||||
TM
|
Sweden | Warner Electric Technology LLC | WARNER ELECTRIC | 323081 | 04/25/1997 | 95-14891 | 12/27/1995 | Active | ||||||||||||
TM
|
Sweden | Warner Electric Technology Inc. | WARNER ELECTRIC AND BACKGROUND DESIGN | 109892 | 05/19/1964 | 63-01313 | 03/27/1963 | Active | ||||||||||||
TM
|
Sweden | Warner Electric Technology Inc. | WICHATA | 90967 | 12/16/1960 | 3038 | 09/25/1958 | Active | ||||||||||||
TM
|
Switzerland | Warner Electric Technology LLC | FORMCHROME | P-412221 | 10/18/1994 | 07371/1993.0 | 05/17/1993 | Active | ||||||||||||
TM
|
Switzerland | Warner Electric Technology LLC | FORM-LOCK | P-412226 | 10/18/1994 | 7378/1993.2 | 05/17/1993 | Active | ||||||||||||
TM
|
Switzerland | Warner Electric Technology LLC | FORMSPRAG | P-287755 | 04/26/1997 | 01681/1977 | 04/01/1997 | Active | ||||||||||||
TM
|
Switzerland | Warner Electric Technology LLC | FORMSPRAG & Design | P-412187 | 10/14/1994 | 07373/1993.3 | 05/17/1993 | Active | ||||||||||||
TM
|
Switzerland | Warner Electric Technology Inc. | RL | P-414247 | 01/31/1995 | 7376/1993.9 | 05/17/1993 | Active | ||||||||||||
TM
|
Switzerland | Warner Electric Technology Inc. | WARNER & Design | P-406103 | 10/11/1993 | 2801/1993.6 | Active | |||||||||||||
TM
|
Switzerland | Warner Electric Technology LLC | WARNER ELECTRIC | P-438835 | 03/27/1997 | 14050/1995 | 12/28/1995 | Active | ||||||||||||
TM
|
Switzerland | Warner Electric Technology LLC | WICHITA & Design | P-300175 | 10/09/1979 | 03810/1978 | 08/17/1978 | Active | ||||||||||||
TM
|
Switzerland | XX Xxxxx Enterprises, Inc. | Sure-Flex | 405,626 | 9/14/1992 | 01605/1993 | 9/14/1992 | Active | ||||||||||||
TM
|
Taiwan | Warner Electric Technology Inc. | WARNER & Design | 192580 | 10/01/1982 | 70043208 | 12/29/1981 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
TM
|
Taiwan | Warner Electric Technology Inc. | WARNER ELECTRIC AND BACKGROUND DESIGN | 64628 | 06/16/1993 | 81047228 | 09/21/1992 | Active | ||||||||||||
TM
|
Taiwan | Warner Electric Technology Inc. | WICHITA | 245903 | 05/16/1984 | (72)52506 | 12/21/1983 | Active | ||||||||||||
TM
|
Taiwan | Warner Electric Technology Inc. | WARNER ELECTRIC AND DESIGN | 192,580 | 9/20/2002 | Active | ||||||||||||||
TM
|
Taiwan | Warner Electric Technology LLC | WARNER LINEAR | 1,264,315 | 6/1/2007 | 095037880 | 7/24/2006 | Active | ||||||||||||
TM
|
Taiwan | Altra Industrial Motion, Inc. | A&Design | 1310870 | 05/16/2008 | 096031868 | 07/05/2007 | Active | ||||||||||||
TM
|
Taiwan | XX Xxxxx Inc. | Dura-Flex | 807,300 | 7/1/1998 | (86)5713 | 2/1/1997 | Active | ||||||||||||
TM
|
Thailand | Warner Electric Technology LLC | WARNER LINEAR | Kor275083 | 10/26/2006 | 642919 | 10/26/2006 | Active | ||||||||||||
TM
|
Thailand | Altra Industrial Motion, Inc. | A&Design | Kor296763 | 07/25/2007 | 668284 | 07/25/2007 | Active | ||||||||||||
TM
|
United Kingdom | XX Xxxxx Enterprises, Inc. | SureFlex | B998,327 | 9/13/1972 | B998,327 | 9/13/1972 | Active | ||||||||||||
TM
|
United Kingdom | XX Xxxxx Enterprises, Inc. | Dura-Flex | 1,105,120 | 11/22/1978 | 1105120 | 11/22/1978 | Active | ||||||||||||
TM
|
United Kingdom | XX Xxxxx Enterprises, Inc. | Speedlign | 1,029,397 | 5/13/1974 | 1,029,397 | 5/13/1974 | Active | ||||||||||||
TM
|
United Kingdom | Warner Electric Technology LLC | AUTOGAP | 795572 | 09/17/1959 | 09/17/1959 | Active | |||||||||||||
TM
|
United Kingdom | Warner Electric Technology Inc. | MAGNUM | 879962 | 05/25/1965 | 879962 | 05/25/1965 | Active | ||||||||||||
TM
|
United Kingdom | Warner Electric Technology Inc. | MAGNUM | 1263574 | 09/15/1989 | 1263574 | 03/27/1986 | Active | ||||||||||||
TM
|
United Kingdom | Warner Electric Technology LLC | MISTRAL | 1475775 | 06/27/1997 | 09/07/1991 | Active | |||||||||||||
TM
|
United Kingdom | Warner Electric Technology LLC | WARNER | 792664 | 06/29/1959 | 792664 | Active | |||||||||||||
TM
|
United Kingdom | Warner Electric Technology LLC | WARNER | 710,641 | 09/17/1952 | 710641 | 07/15/1952 | Active | ||||||||||||
TM
|
United Kingdom | Warner Electric Technology LLC | WICHITA | 2192400 | 09/29/2000 | 2192400 | 03/20/1999 | Active | ||||||||||||
TM
|
United Kingdom | Warner Electric Technology LLC | WICHATA | 783301 | 10/29/1958 | 783301 | 10/29/1958 | Active | ||||||||||||
TM
|
United Kingdom | Warner Electric Technology Inc. | DURA-FLEX | 1,105,120 | 11/22/78 | Active | ||||||||||||||
TM
|
United Kingdom | Warner Electric Technology Inc. | FORMSPRAG | 2380616 | 6/24/2005 | 12/17/2004 | Active | |||||||||||||
TM
|
United Kingdom | Boston Gear LLC | CENTRIC | 1259254 | 1/30/1986 | 1259254 | 1/30/1986 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | ACE | 1771190 | 5/18/1993 | 74253998 | 3/10/1992 | Active | ||||||||||||
TM
|
USA | Ameridrives International, LLC | AMERICAN | 0529539 | 8/22/1950 | 71578852 | 4/29/1949 | Active | ||||||||||||
TM
|
USA | Ameridrives International, LLC | AMERICARDAN | 2,488,262 | 09/11/01 | 75621192 | 01/15/1999 | Active | ||||||||||||
TM
|
USA | Ameridrives International, LLC | AMERIDISC & Design | 0802185 | 1/18/1966 | 72219296 | 5/19/1965 | Active | ||||||||||||
TM
|
USA | Ameridrives International, LLC | AMERIDRIVES | 2168489 | 6/23/1998 | 75204229 | 11/25/1996 | Active | ||||||||||||
TM
|
USA | Ameridrives International, LLC | AMERIFLEX | 1000720 | 12/31/1974 | 72444883 | 1/2/1973 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | AUTOGAP | 681,746 | 07/14/1959 | 72046678 | 2/26/1958 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | BEAR-N-BRONZ | 0603829 | 3/29/1955 | 71665847 | 5/6/1954 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | BG & Design | 0298486 | 10/25/1932 | 71327723 | 6/4/1932 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | BOSTRONG & Design | 0837074 | 10/17/1967 | 72251147 | 7/27/1966 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | XXXX-XXXXX | 0547544 | 9/4/1951 | 71597836 | 5/20/1950 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | XXXX-XXXXX | 0612905 | 9/27/1955 | 71677082 | 11/22/1954 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | XXXX-FLEX | 1111218 | 1/16/1979 | 73163090 | 3/21/1978 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | BOSTON | 0522912 | 3/28/1950 | 71535926 | 9/27/1947 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | BOSTON & Design | 1374572 | 12/10/1985 | 73514378 | 12/19/1984 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | BOSTON GEAR | 0905805 | 1/12/1971 | 72338165 | 9/17/1969 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | BOSTON GEAR | 0905846 | 1/12/1971 | 72338166 | 9/17/1969 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | BOSTONE | 1131198 | 2/26/1980 | 73163091 | 3/21/1978 | Active | ||||||||||||
TM
|
USA | Formsprag LLC | CEBMAG | 1352456 | 08/06/1985 | 73513313 | 12/13/1984 | Active | ||||||||||||
TM
|
USA | Formsprag LLC | CECON | 2871858 | 08/10/04 | 78/300,412 | 09/15/2003 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | CENTRIC | 1365217 | 10/15/1985 | 73434105 | 7/11/1983 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | DCX | 1689927 | 6/2/1992 | 74151919 | 3/27/1991 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | DCX PLUS | 1794125 | 9/21/1993 | 74151939 | 3/27/1991 | Active | ||||||||||||
TM
|
USA | Xxxxxxx Gear LLC | DELROYD | 3025384 | 12/13/2005 | 76/586088 | 4/12/2004 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | ELECTRO-MODULE | 0838675 | 11/14/1967 | 72200306 | 8/20/1964 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | ELECTRO-PACK | 0741888 | 12/11/1962 | 72127440 | 9/7/1961 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | F AND DESIGN | 0743735 | 01/15/1963 | 72125482 | 8/7/1961 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | FORMCHROME | 0867512 | 04/01/1969 | 72300576 | 6/17/1968 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | FORM-LOCK | 0870852 | 06/10/1969 | 72300575 | 6/17/1968 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | FORMSRPAG & Design | 0444642 | 01/15/1952 | 71510384 | 10/7/1946 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | FORMSPRAG | 1216418 | 11/16/1982 | 73326809 | 9/4/1981 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | XXXXXX KOOL | 1258259 | 11/22/1983 | 73334553 | 10/28/1981 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | LLH | 1759504 | 03/23/1993 | 74303730 | 8/13/1992 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | MAG STOP | 1,851,941 | 08/30/1994 | 74327472 | 11/2/1992 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | MAGNUM | 2,892,316 | 10/12/2004 | 76/336,606 | 11/13/2001 | Active | ||||||||||||
TM
|
USA | Formsprag LLC | MARLAND | 2667819 | 12/31/2002 | 76118280 | 8/28/2000 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | MESUR-FIL | 0990826 | 08/13/1974 | 72464823 | 8/6/1973 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | MISTRAL | 2168734 | 06/30/1998 | 74240876 | 1/28/1992 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | MOTOR MULTIPLIER | 1131648 | 3/11/1980 | 73184680 | 9/5/1978 | Active | ||||||||||||
TM
|
USA | Xxxxxxx Gear LLC | NGC & Design | 3031121 | 12/20/2005 | 76/586087 | 4/12/2004 | Active | ||||||||||||
TM
|
USA | Xxxxxxx Gear LLC | Xxxxxxx | 3031120 | 12/20/2005 | 76/586086 | 4/12/2004 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | OPTIMOUNT | 0670192 | 11/25/1958 | 72046238 | 2/20/1958 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | PCE | 1136601 | 06/03/1980 | 73193726 | 11/17/1978 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | RATIOPAX | 0985828 | 6/11/1974 | 72456678 | 5/7/1973 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | RATIOTROL | 0743713 | 1/15/1963 | 72137450 | 2/7/1962 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | SHEAVE-GRIP | 3,085,816 | 4/25/2006 | 76/498,191 | 3/14/2003 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | XXXXXXX | 0000000 | 09/28/1993 | 74038916 | 3/16/1990 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | UNIMODULE | 1678062 | 03/03/1992 | 74053993 | 4/30/1990 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | WARNER & Design | 0527445 | 07/11/1950 | 71528385 | 7/11/1947 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | WARNER ELECTRIC | 1,026,080 | 12/02/1975 | 73035013 | 10/18/1974 | Active | ||||||||||||
TM
|
USA | Ameridrives International, LLC | AMERIGEAR | 2,951,600 | 5/17/2005 | 78/373,119 | 2/24/2004 | Active | ||||||||||||
TM
|
USA | Ameridrives International, LLC | THE AMERICAN FULLY CROWNED TOOTH | 2980971 | 5/10/2005 | 78/373,135 | 2/24/2004 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | POSIVENT | 2875347 | 08/17/2004 | 76/423,536 | 06/20/2002 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | STABILI SEAL | 3,131,135 | 08/15/2006 | 78/564,645 | 02/10/2005 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology Inc. | WICHITA CLUTCH | 3039567 | 01/10/2006 | 76/620135 | 11/12/04 | Active | ||||||||||||
TM
|
USA | Altra Industrial Motion, Inc. | A&Design | 3,146,781 | 09/19/2006 | 78/560930 | 02/04/2005 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | AQUAMAKKS | 3,490,449 | 08/19/2008 | 78/821,282 | 02/23/2006 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | Warner Electric | 3,287,916 | 09/04/2007 | 78/790,162 | 01/12/2006 | Active | ||||||||||||
TM
|
USA | Boston Gear LLC | CENTRIGARD | 3,374,068 | 1/22/2008 | 78/774,995 | 12/16/2005 | Active | ||||||||||||
TM
|
USA | Altra Industrial Motion, Inc. | Altra Industrial Motion | 3360155 | 12/25/2007 | 76/621069 | 11/17/2004 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | Warner Linear | 3,413,352 | 04/15/2008 | 78/910,851 | 06/19/2006 | Active | ||||||||||||
TM
|
USA | Altra Industrial Motion, Inc. | A-Track | 3,263,081 | 07/10/2007 | 78/790085 | 1/12/2006 | Active | ||||||||||||
TM
|
USA | Xxxxxx Manufacturing Corporation | XXXXXX | 1216354 | 11/16/1982 | 73277508 | 9/11/1980 | Active | ||||||||||||
TM
|
USA | Xxxxxx Manufacturing Corporation | KILROL | 2827924 | 3/30/2004 | 78213978 | 2/12/2003 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | GFR | 3,494,910 | 9/2/2008 | 77/247,944 | 08/06/07 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | B-Track | 3,609,446 | 4/21/2009 | 77/237,461 | 07/24/2007 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | All-Pro | 2,165,737 | 6/16/1998 | 75/290,731 | 5/12/1997 | Active | ||||||||||||
TM
|
USA | XX Xxxxx North Carolina, Inc. | Braketron | 1,164,393 | 8/11/1981 | 73/254,657 | 3/19/1980 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Deck & Design (stylized lettering) | 1,409,209 | 9/16/1986 | 73/581,633 | 2/7/1986 | Active |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Disc-O-Torque | 859,264 | 10/29/1968 | 72/285,224 | 11/20/1967 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Dura-Flex | 1,116,828 | 4/24/1979 | 73/158,649 | 2/13/1978 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | First In Couplings | 1,361,466 | 9/24/1985 | 73/526,310 | 3/11/1985 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Form-Flex | 2,152,362 | 4/21/1998 | 75/273,175 | 4/11/1997 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Xxxxx | 2,191,918 | 9/29/1998 | 75/251,697 | 2/28/1997 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Qt Power Chain | 2,723,745 | 6/10/2003 | 76/403,299 | 5/2/2002 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Roto-Cam | 859,263 | 10/29/1968 | 72/285,223 | 11/20/1967 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Speedlign | 2,991,827 | 9/6/2005 | 78/350,700 | 1/12/2004 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Sure Grip (Stylized) | 645,415 | 5/14/1957 | 71/640,418 | 1/6/1953 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Sure-Flex | 668,649 | 10/21/1958 | 72/043,720 | 1/9/1958 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Sure-Grip | 646,423 | 6/4/1957 | 71/575,508 | 3/15/1949 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Sure-Grip | 1,109,150 | 12/19/1978 | 73/136,699 | 8/8/1977 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Ultra-V | 1,001,969 | 1/21/1975 | 73/001,734 | 10/9/1973 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | Ultra-V | 1,001,970 | 1/21/1975 | 73/003,203 | 10/10/1973 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | W XX Xxxx’x (and design) | 2,059,245 | 5/6/1997 | 75/107,136 | 5/20/1996 | Active | ||||||||||||
TM
|
USA | XX Xxxxx Enterprises, Inc. | G-Flex | 3,501,631 | 9/16/2008 | 77/397,102. | 2/14/2008 | Active | ||||||||||||
TM
|
USA | Inertia Dynamics, LLC | Unibrake | 0809205 | 05/31/1966 | 72/219817 | 05/26/1965 | Active | ||||||||||||
TM Appl.
|
USA | Xxxxxx Manufacturing Corporation | HI-TECH WORRY BEADS | 78/775,032 | 12/16/2005 | Pending | ||||||||||||||
TM Appl.
|
USA | Formsprag LLC | BC MA | 77/649,950 | 1/15/2009 | Pending | ||||||||||||||
Unregistered TM
|
USA | Inertia Dynamics, LLC | IDI | |||||||||||||||||
TM
|
USA | Warner Electric Technology LLC | WARNER ELECTRIC | 0726202 | 01/09/1962 | 72105397 | 9/28/1960 | Active | ||||||||||||
TM
|
USA | Warner Electric Technology LLC | WICHITA | 1565483 | 11/14/1989 | 73753251 | 8/29/1988 | Active | ||||||||||||
TM
|
Venezuela | Warner Electric Technology Inc. | WICHITA | 120263 | 04/25/1986 | 7010-83 | 09/01/1983 | Active | ||||||||||||
TM
|
Vietnam | Warner Electric Technology Inc. | WARNER | 9997 | 12/11/1993 | 11808 | 03/20/1993 | Active | ||||||||||||
NOTES: | ||||||||||||||||||||
American Enterprises MPT L.P. | ||||||||||||||||||||
This entity is the owner of record of a pair of Canadian registrations. The changes in the company’s name from American Enterprises MPT L.P. to Ameridrives International L.P. (on 04/25/1997) and later from Ameridrives International L.P. to Ameridrives International LLC (on 12/21/2005) have not yet been recorded against the registrations. | ||||||||||||||||||||
Xxxx Corporation | ||||||||||||||||||||
This entity is the owner of record of an Indian trademark registration for “WARNER ELECTRIC.” The assignment of the registration from Xxxx Corporation to Warner Electric Technology, Inc. and the subsequent name change from Warner Electric Technology, Inc. to Warner Electric Technology LLC have been submitted for recordation. Xxxx Corporation is also the owner of record of a Canadian trademark registration for “DISC-O-TORQUE” relating to XX Xxxxx. No action has been taken to address the change in ownership of this registration in view of instructions given in 2000 to a prior law firm for XX Xxxxx to allow the registration to lapse (the registration actually remains in force until 2015. |
Issuing | Registration | Registration / | Application | |||||||||||||||||
IP Type | Jurisdiction | Owner Entity | Title / Description | Number | Issue Date | Number | Filing Date | Status | ||||||||||||
Xxxxxxx Power Transmission Corp. | ||||||||||||||||||||
This entity is the owner of record on a Mexican registration for “GFR.” Assignments from Xxxxxxx Power Transmission Corp. to Xxxx Holdings GmbH and from Xxxx Holdings GmbH to Warner Electric Technology LLC have been submitted for recordation and the process is ongoing. | ||||||||||||||||||||
IMO Industries, Inc. | ||||||||||||||||||||
This entity is the owner of record on a pair of Mexican registrations for “BOSTON GEAR”. An assignment of the Mexican registrations to Boston Gear LLC is in the process of being recorded. | ||||||||||||||||||||
Warner Electric Technology, Inc. | ||||||||||||||||||||
A number of patents and trademarks owned by Warner Electric Technology LLC remain in the former name (Warner Electric Technology, Inc.) of the company on the records of various foreign patent and trademark offices. Efforts to record the change in name are in progress with respect to some of the patents and trademarks. For others, a conscious decision was made to hold off on recordation pending some other action relating to the property (e.g., the next renewal of a trademark registration). For yet others, a decision was made not to record the change in name in view of a decision to allow various registrations or patents to lapse). |
INTELLECTUAL PROPERTY LICENSES
Name of Grantor | Name of Agreement | Date of Agreement | Parties to Agreement | |||
[*]
|
License Agreement | August 17, 2009 | Ameridrives International, LLC | |||
The Grantors own or
license certain
off-the-shelf
software, which
software is
ready-made and
available for sale,
lease, or license
to the general
public. |
||||||
From time to time
in the course of
manufacturing
products for their
customers, certain
customers may grant
the Grantors
limited licenses to
certain of their
intellectual
property. |
EXHIBIT E
(See Section 3.13 of Security Agreement and Definition of “Pledged Collateral”)
(See Section 3.13 of Security Agreement and Definition of “Pledged Collateral”)
LIST OF PLEDGED COLLATERAL, SECURITIES AND OTHER INVESTMENT PROPERTY
STOCKS
Percentage of | ||||||||||||||||
Name of | Certificate | Number of | Outstanding | |||||||||||||
Grantor | Issuer | Number(s) | Shares | Class of Stock | Shares | |||||||||||
Altra Industrial Motion, Inc. | C-2 | 1,000 | Common Stock, $0.001 par value | 100% | ||||||||||||
Altra Industrial
Motion, Inc.
|
American Enterprises MPT Corp. | 102 | 999 | Common Stock, $0.001 par value | 100% | |||||||||||
Altra Industrial
Motion, Inc.
|
Warner Electric LLC | 002 | 1 | LLC Interests | 100% | |||||||||||
Altra Industrial
Motion, Inc.
|
Warner Electric Technology LLC | 002 | 1 | LLC Interests | 100% | |||||||||||
Altra Industrial
Motion, Inc.
|
Boston Gear LLC | 001 | 1 | LLC Interests | 100% | |||||||||||
Altra Industrial
Motion, Inc.
|
Xxxxxx Manufacturing Corporation | 102 | 10 | Stock, no par value | 100% | |||||||||||
Altra Industrial
Motion, Inc.
|
Warner Electric International Holding, Inc. | 2 | 1,000 | Stock, $1.00 par value | 100% | |||||||||||
Altra Industrial
Motion, Inc.
|
Inertia Dynamics, LLC | 002 | 100% | LLC Interests | 100% | |||||||||||
Altra Industrial
Motion, Inc.
|
XX Xxxx’x Corporation | C-2 | 1,000 | Common Stock, $0.01 par value | 100% | |||||||||||
American
Enterprises MPT
Corp.
|
American Enterprises MPT Holdings, LLC | 001 | 100% | LLC Interests | 100% | |||||||||||
American
Enterprises MPT
Corp.
|
Ameridrives International LLC | 001 | 100% | LLC Interests | 100% | |||||||||||
American
Enterprises MPT
Corp.
|
Xxxxxxx Gear LLC | 001 | 1 | LLC Interests | 100% | |||||||||||
American
Enterprises MPT
Corp.
|
Formsprag LLC | 004 | 861,429 | Units | 100% | |||||||||||
XX Xxxx’x
Corporation
|
XX Xxxx’x Incorporated | 2 | 1,125,000 | Common Stock, $0.10 par value | 100% | |||||||||||
XX Xxxx’x
Incorporated
|
XX Xxxx’x Enterprises Inc. | 2 | 3,000 | Common Stock, $0.01 par value | 100% | |||||||||||
XX Xxxx’x
Incorporated
|
X.X. Xxxx’x Canada Ltd. | 1015 | 3,415 | Common Shares | 65% |
Percentage of | ||||||||||||||||
Name of | Certificate | Number of | Outstanding | |||||||||||||
Grantor | Issuer | Number(s) | Shares | Class of Stock | Shares | |||||||||||
XX Xxxx’x
Incorporated
|
Industrial Blaju, S.A. de C.V. | 2 | 25,229,382 | Capital Stock, $1.00 par value | 65% | |||||||||||
Xxxxxx
Manufacturing
Corporation
|
3091780 Nova Scotia Company | 5, 7 | 130 | Common Shares, no par value | 65% | |||||||||||
Warner Electric
International
Holding, Inc.
|
Warner Electric UK Group Ltd. | 6 | 2,456,508 | Ordinary Shares of £1 each, fully paid | 65% | |||||||||||
Warner Electric
International
Holding, Inc. *
|
Warner Electric (Holding) SAS | 65% | ||||||||||||||
Warner Electric
International
Holding, Inc. *
|
Warner Electric Group GmbH | 65% | ||||||||||||||
Warner Electric
International
Holding, Inc.*
|
Warner Electric (Netherlands) Holding, B.V. | 65% |
* | NOTE: Certificates for these entities will be provided post-closing. |
BONDS
Name of | ||||||||||
Grantor | Issuer | Number | Face Amount | Coupon Rate | Maturity | |||||
N/A |
GOVERNMENT SECURITIES
Name of | ||||||||||||
Grantor | Issuer | Number | Type | Face Amount | Coupon Rate | Maturity | ||||||
N/A |
OTHER SECURITIES OR OTHER INVESTMENT PROPERTY
(CERTIFICATED AND UNCERTIFICATED)
(CERTIFICATED AND UNCERTIFICATED)
Percentage Ownership | ||||||
Name of Grantor | Issuer | Description of Collateral | Interest | |||
See below. |
Existing Joint Ventures
Warner Electric LLC holds 40% of Elastomeric Actuators Inc.
EXHIBIT F
(See Section 3.1 of Security Agreement)
(See Section 3.1 of Security Agreement)
OFFICES IN WHICH FINANCING STATEMENTS HAVE BEEN FILED
Name of Grantor | Jurisdiction | |
DE | ||
Altra Industrial Motion, Inc.
|
DE | |
American Enterprises MPT Corp.
|
DE | |
American Enterprises MPT Holdings, LLC
|
DE | |
Ameridrives International, LLC
|
DE | |
Boston Gear LLC
|
DE | |
Formsprag LLC
|
DE | |
Inertia Dynamics, LLC
|
DE | |
Kilian Manufacturing Corporation
|
DE | |
Nuttall Gear LLC
|
DE | |
XX Xxxx’x Corporation
|
DE | |
XX Xxxx’x Enterprises, Inc.
|
DE | |
XX Xxxx’x Incorporated
|
PA | |
Warner Electric International Holding, Inc.
|
XX | |
Xxxxxx Electric LLC
|
XX | |
Xxxxxx Electric Technology LLC
|
DE |
EXHIBIT G
(See Section 4.4 and 4.8 of Security Agreement)
(See Section 4.4 and 4.8 of Security Agreement)
AMENDMENT
This
Amendment, dated , ___ is delivered pursuant to Section 4.4 of the Security
Agreement referred to below. All defined terms herein shall have the meanings ascribed thereto or
incorporated by reference in the Security Agreement. The undersigned hereby certifies that the
representations and warranties in Article III of the Security Agreement are and continue to be true
and correct. The undersigned further agrees that this Amendment may be attached to that certain
Pledge and Security Agreement, dated ___, ___, between the undersigned, as the
Grantors, and JPMorgan Chase Bank, N.A., as the Administrative Agent, (the “Security
Agreement”) and that the Collateral listed on Schedule I to this Amendment shall be and
become a part of the Collateral referred to in said Security Agreement and shall secure all Secured
Obligations referred to in said Security Agreement.
By: | ||||||
Name: | ||||||
Title: | ||||||
EXHIBIT H
(See Section 8.21 of Security Agreement)
(See Section 8.21 of Security Agreement)
Post Closing Matters
Responsible | ||||||||
Document/Deliverable | Party | Due Date | ||||||
1. Deliver to the Administrative Agent the results of patent and trademark searches of the U.S. Patent and Trademark Office databases, together with an Exhibit D attached hereto, listing all Patents and Trademarks (including any licenses of the foregoing) in which such Grantor has an ownership interest, in each case as required under Section 4.7(f)
hereof. |
Grantors | 12/25/09 | ||||||
2. Execute and deliver to the Administrative Agent (x) a patent security agreement and (y) a trademark security agreement as required under Section 4.7(f) hereof. |
Grantors | 12/25/09 | ||||||
3. Deliver to the Administrative Agent (i) appraisals of the Borrowers’ Inventory and (ii) copies of existing appraisals with respect to each of the Mortgaged Properties as required under Section 5.16 of the Credit Agreement. |
Grantors | 12/25/09 | ||||||
4. Conduct field examinations of the Borrowers’ books, records, Accounts, Inventory and other Collateral as required under Section 5.16 of the Credit Agreement. |
Administrative Agent | 12/25/09 | ||||||
5. Deliver to the Administrative Agent a Mortgage and other related items with respect to each Mortgaged Property as required under Section 5.15 of the Credit Agreement. |
Grantors | 2/23/10 | ||||||
6. Execute and deliver to the Administrative Agreement Control Agreements as required under Section 4.14 hereof and Section 5.12 of the Credit Agreement. |
Grantors | 2/23/10 | ||||||
7. Deliver to the Administrative Agreement Collateral Access Agreements as required under Section 4.13. |
Grantors | 3/25/10 |