PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • March 16th, 2010 • Interface Inc • Carpets & rugs • New York
This PLEDGE AND SECURITY AGREEMENT (as the same may be further amended, restated, supplemented, or otherwise modified from time to time, this “Security Agreement”) dated as of June 5, 2009, is made by INTERFACE, INC., a Georgia corporation (the “Notes Issuer”), each of the other Persons listed as “Grantors” on the signature pages hereof (each of the foregoing, including the Notes Issuer, individually, a “Grantor” and, collectively, the “Grantors”), in favor of U.S. BANK NATIONAL ASSOCIATION, in its capacity as collateral agent for the Note Holders described below, and each successor collateral agent as may be appointed from time to time pursuant to Article 7 of the Indenture described below (together with its successors and assigns, the “Collateral Agent”), for the benefit of each of the Note Holders (as defined in the Indenture, defined below). Capitalized terms used herein have the meanings set forth in or incorporated by reference in Article I.
