SEALED AIR CORPORATION PURCHASE AGREEMENT June 12, 2009Purchase Agreement • June 18th, 2009 • Sealed Air Corp/De • Converted paper & paperboard prods (no contaners/boxes) • New York
SEALED AIR CORPORATION, a Delaware corporation (the “Company”), proposes to issue and sell to the several purchasers named in Schedule I hereto (the “Initial Purchasers”), for whom you are acting as representatives (the “Representatives”), $400,000,000 principal amount of its 7.875% Senior Notes due 2017 (the “Securities”) to be issued pursuant to the provisions of an Indenture dated as of June 18, 2009 (the “Indenture”) between the Company and US Bank, National Association, as Trustee (the “Trustee”). The Indenture will provide that the Securities shall be fully and unconditionally guaranteed as to the payment of the principal of, premium, if any, and interest on the Notes, by each subsidiary of the Company that undertakes to guarantee the Company’s obligations under any of its future Credit Agreements (as defined in the Indenture) and that executes a guarantee in accordance with the terms of the Indenture. At issuance, the Securities will not be guaranteed by any of the Company’s sub
