WARRANT AGREEMENT To Purchase Shares of Nonvoting Common Stock, par value $.10 per share of RADNOR HOLDINGS CORPORATION Dated as of April 4, 2006 (the “Effective Date”)Warrant Agreement • June 16th, 2006 • Radnor Holdings Corp • Plastics foam products • New York
Contract Type FiledJune 16th, 2006 Company Industry JurisdictionWHEREAS, Radnor Holdings Corporation, a Delaware corporation (the “Company”), has entered into a Purchase Agreement dated as of the date hereof (the “Purchase Agreement”) with Special Value Expansion Fund, LLC, a Delaware limited liability company and Special Value Opportunities Fund, LLC, a Delaware limited liability company, pursuant to which such purchasers are entitled to receive warrants to purchase a number of shares of the Company’s Nonvoting Common Stock equal to 7.0% (assuming the exercise of outstanding warrants, including this Warrant Agreement, to purchase 1,031 shares) as of the date hereof of the sum of the Company’s outstanding Nonvoting Common Stock (as defined below) and Class B Nonvoting Common Stock, par value $0.01 per share (the “Class B Nonvoting Common Stock”); and
WARRANT AGREEMENT To Purchase Shares of Nonvoting Common Stock, par value $.10 per share of RADNOR HOLDINGS CORPORATION Dated as of April 4, 2006 (the “Effective Date”)Warrant Agreement • June 16th, 2006 • Radnor Holdings Corp • Plastics foam products • New York
Contract Type FiledJune 16th, 2006 Company Industry JurisdictionWHEREAS, Radnor Holdings Corporation, a Delaware corporation (the “Company”), has entered into a Purchase Agreement dated as of the date hereof (the “Purchase Agreement”) with Special Value Expansion Fund, LLC, a Delaware limited liability company and Special Value Opportunities Fund, LLC, a Delaware limited liability company, pursuant to which such purchasers are entitled to receive warrants to purchase a number of shares of the Company’s Nonvoting Common Stock equal to 7.0% (assuming the exercise of outstanding warrants, including this Warrant Agreement, to purchase 1,031 shares) as of the date hereof of the sum of the Company’s outstanding Nonvoting Common Stock (as defined below) and Class B Nonvoting Common Stock, par value $0.01 per share (the “Class B Nonvoting Common Stock”); and