The taking of this document or any certified copy of it or any other document which constitutes substitute documentation for it, or any document which includes written confirmations or references to it, into Austria as well as printing out any e-mail ...

EXHIBIT 4.13.14
The taking of this document or any certified copy of it or any other document which constitutes substitute documentation for it, or any document which includes written confirmations or references to it, into Austria as well as printing out any e-mail communication which refers to this document in Austria or sending any e-mail communication to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail communication carrying an electronic or digital signature which refers to this document to an Austrian addressee may cause the imposition of Austrian stamp duty. Accordingly, keep the original document as well as all certified copies thereof and written and signed references to it outside of Austria and avoid printing out any e-mail communication which refers to this document in Austria or sending any e-mail communication to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail communication carrying an electronic or digital signature which refers to this document to an Austrian addressee.
     SUPPLEMENT NO. 14 (this “Supplement”) dated as of September 1, 2010 to the Collateral Agreement dated as of November 5, 2009 (the “Collateral Agreement”), among REYNOLDS GROUP HOLDINGS INC., a corporation organized under the laws of the state of Delaware (“RGHI”), REYNOLDS CONSUMER PRODUCTS HOLDINGS INC., a corporation organized under the laws of the state of Delaware (the “U.S. Term Borrower” and, together with RGHI, the “U.S. Term Borrowers”), CLOSURE SYSTEMS INTERNATIONAL HOLDINGS INC., a corporation organized under the laws of the state of Delaware (together with the U.S. Term Borrowers, the “Borrowers”), REYNOLDS GROUP ISSUER LLC, a limited liability company formed under the laws of the state of Delaware (the “U.S. Issuer”), REYNOLDS GROUP ISSUER INC., a corporation organized under the laws of the state of Delaware (the “U.S. Co-Issuer” and, together with the U.S. Issuer, the “Issuers”), each Subsidiary of Holdings from time to time party thereto (each such Subsidiary, the Borrowers and the Issuers are referred to collectively herein as the “Grantors”) and THE BANK OF NEW YORK MELLON, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties (as defined therein).
     A. Reference is made to (a) the Credit Agreement dated as of November 5, 2009, as amended by Amendment No. 1, dated as of January 21, 2010, as further amended by Amendment No. 2 and Incremental Term Loan Assumption Agreement, dated as of May 4, 2010 (as amended, extended, restructured, renewed, novated, supplemented, restated, refunded, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrowers, the European Borrowers (as defined therein), Holdings, the guarantors from time to time party thereto, the lenders from time to time party thereto, (the “Lenders”) and Credit Suisse AG (formerly known as Credit Suisse), as administrative agent (in such capacity, the “Administrative Agent”), (b) the Indenture dated as of November 5, 2009 (as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or otherwise modified from time to

 


 

time, the “Senior Secured Note Indenture”), among the Reynolds Group Escrow LLC, Reynolds Group DL Escrow Inc. and The Bank of New York Mellon, as trustee (in such capacity, the “Indenture Trustee”), principal paying agent, transfer agent and registrar and (c) the First Lien Intercreditor Agreement dated as of November 5, 2009, as amended by Amendment No. 1 and Joinder Agreement, dated as of January 21, 2010 (as amended, novated, supplemented, restated or modified from time to time, the “First Lien Intercreditor Agreement”), among the Collateral Agent, the Indenture Trustee, the Administrative Agent and the Loan Parties party thereto.
     B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms pursuant to the Collateral Agreement.
     C. The Grantors have entered into the Collateral Agreement in order to induce the Secured Parties to extend credit to the Grantors pursuant to the Loan Documents. Section 5.16 of the Collateral Agreement provides that additional U.S. Subsidiaries of Holdings may become Grantors under the Collateral Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned U.S. Subsidiary (the “New U.S. Subsidiary”) is executing this Supplement in accordance with the requirements of the Collateral Agreement and the other Loan Documents to become a Grantor under the Collateral Agreement in order to induce the Secured Parties to extend additional credit and as consideration for credit previously extended, in each case, under the Loan Documents.
     Accordingly, the Collateral Agent and the New U.S. Subsidiary agree as follows:
     SECTION 1. In accordance with Section 5.16 of the Collateral Agreement, the New U.S. Subsidiary by its signature below becomes a U.S. Grantor under the Collateral Agreement with the same force and effect as if originally named therein as a U.S. Grantor and the New U.S. Subsidiary hereby (a) agrees to all the terms and provisions of the Collateral Agreement applicable to it as a U.S. Grantor thereunder and (b) represents and warrants that the representations and warranties made by it as a U.S. Grantor thereunder are true and correct on and as of the date hereof. In furtherance of the foregoing, the New U.S. Subsidiary, as security for the payment and performance in full of the Obligations, does hereby create and grant to the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, their successors and assigns, a security interest in and lien on all of the New U.S. Subsidiary’s right, title and interest in and to the Collateral of the New U.S. Subsidiary to the extent provided in the Collateral Agreement. Each reference to a “Grantor” and “U.S. Grantor” in the Collateral Agreement shall be deemed to include the New U.S. Subsidiary. The Collateral Agreement is hereby incorporated herein by reference.
     SECTION 2. The New U.S. Subsidiary represents and warrants to the Collateral Agent and the other Secured Parties that this Supplement has been duly

A-2


 

authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms hereof.
     SECTION 3. This Supplement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Supplement shall become effective when the Collateral Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of the New U.S. Subsidiary and the Collateral Agent. Delivery of an executed signature page to this Supplement by facsimile transmission or other customary means of electronic transmission shall be effective as delivery of a manually signed counterpart of this Supplement.
     SECTION 4. The New U.S. Subsidiary hereby represents and warrants that (a) set forth on Schedule I attached hereto is a true and correct schedule of the information, with respect to such New U.S. Subsidiary, required by the Perfection Certificate the form of which is attached as Exhibit B to the Collateral Agreement and (b) set forth under its signature hereto, is the true and correct legal name of the New U.S. Subsidiary and its jurisdiction of organization.
     SECTION 5. Except as expressly supplemented hereby, the Collateral Agreement shall remain in full force and effect.
          SECTION 6. THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
     SECTION 7. In case any one or more of the provisions contained in this Supplement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Collateral Agreement shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.
     SECTION 8. All communications and notices hereunder shall (except as otherwise permitted by the Collateral Agreement) be in writing and given as provided pursuant to Section 5.01 of the Collateral Agreement.
     SECTION 9. The New U.S. Subsidiary agrees to reimburse the Collateral Agent for its out-of-pocket expenses in connection with this Supplement, including the fees, other charges and disbursements of counsel for the Collateral Agent as provided in Section 5.06 of the Collateral Agreement, mutatis mutandis.

A-3


 

     SECTION 10. The New U.S. Subsidiary is a corporation duly incorporated under the law of Minnesota.

A-4


 

     IN WITNESS WHEREOF, the New U.S. Subsidiary and the Collateral Agent have duly executed this Supplement to the Collateral Agreement as of the day and year first above written.
         
  ULTRA PAC, INC.
 
 
  By   /s/ Helen Golding    
    Name:  Helen Golding 
    Title:  Assistant Secretary 
    Address:  6641 West Broad Street, Richmond, VA 23230
Legal Name: Ultra Pac, Inc.
Jurisdiction of Formation: Minnesota 
 
  THE BANK OF NEW YORK MELLON, as
Collateral Agent
 
 
  By   /s/ Catherine F. Donohue    
    Name:  Catherine F. Donohue   
    Title:  Vice President   

A-5


 

         
Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 1
Names
         
        Change in Identity
    Other Legal Names   or Corporate Structure Within
Grantor’s Exact Legal Name   (including date of change)   the Past 5 years
Ultra Pac, Inc.   None   None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 2(a)
Jurisdictions and Locations
                 
            Organizational    
            Identification   Chief Executive Office or
    Jurisdiction of   Form of   Number   Registered Office Address
Grantor   Organization   Organization   (if any)   (including county)
Ultra Pac, Inc.
  Minnesota   Corporation   5M-225   National Registered Agents, Inc.
590 Park Street, Suite 6,
St. Paul, MN 55102
(Ramsey County, Minnesota)

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 2(b)
Location of Other Persons that Possess Collateral
     
    Names and Addresses of Other Persons
    that Possess any Collateral (including
Grantor   county)
Ultra Pac, Inc.
  None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 5
UCC Filings
     
Grantor   UCC Filing Office/County Recorder’s Office
Ultra Pac, Inc.
  Office of the Secretary of State
Retirement Systems of Minnesota Building
60 Empire Drive, Suite 100
St. Paul, MN 55103

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 6
Stock Ownership and Other Equity Interests
                 
            Number of Equity   Percentage of
Grantor   Issuer   Certificate Number   Interests   Ownership
None
               

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 7
Debt Instruments
                 
Grantor   Creditor   Debtor   Type   Amount
None
               

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 8
Mortgaged Property and Mortgage Filings
                 
        Exact Name of        
Mortgaged Property   Exact Name of Owner   Record Owner   Property Address   Filing Office
None
               

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 9(a)
Intellectual Property
Copyrights and Copyright Applications
COPYRIGHTS OWNED BY ULTRA PAC, INC.
U.S. Copyright Registrations
None
Pending U.S. Copyright Applications for Registration
None
Non-U.S. Copyright Registrations
None
Non-U.S. Pending Copyright Applications for Registration
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 9(b)
Intellectual Property
Patents and Patent Applications
PATENTS OWNED BY ULTRA PAC, INC.
U.S. Patents
                         
Title   Type   Serial No.   Patent No.
EASY OPEN PACKAGE
    U       08/341,768       5,704,481  
 
                       
Egg Container
    D       29/038,527       D-371,961  
 
                       
Egg Carton
    D       29/040,185       D385,780  
 
                       
Base For Angel Food Cakes
    D       29/042,365       D371,964  
 
                       
Clamshell Package For Cored Pineapple Fruit
    D       29/021,944       D361,714  
 
                       
Shrimp Package With Hinged Lid
    D       29/029,304       D364,090  
 
                       
Fruit Container
    D       29/025,761       D-360,825  
 
                       
Fruit Container
    D       29/040,985       D-379,300  
 
                       
Fruit Container
    D       29/050,266       D-380,381  
 
                       
Fruit Container
    D       29/052,442       D-385,784  
 
                       
Clamshell Container For Food Items
    U       08/382,977       5,497,894  
 
                       
Clamshell Container For Food Items
    D       29/034,458       D-365,272  
 
                       
Container for Herbs
    D       29/030,361       D-363,022  
 
                       
Bread Tray
    D       29/028,296       D-361,514  
 
                       
Blueberry Container
    D       29/029,338       D-363,879  
 
                       
BERRY BOX
    D       29/024,458       D-361,035  
 
                       
BERRY BOX
    D       29/014,482       D-361,036  
 
                       
Stackable Berry Container with Hinged Lid
    D       29/045,260       D-377,450  
 
                       
Stackable Berry Container with Hinged Lid
    D       29/045,297       D-378,192  

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
             
Title   Type   Serial No.   Patent No.
Cake Container
  D   29/048,590   D-374,820
 
           
Food Container (2 Serving)
  D   29/070,002   D-395,985
 
           
Food Container (4 Serving)
  D   29/069,948   D-395,796
 
           
Food Container
  D   29/041,784   D-371,940
 
           
Food Container
  D   29/044,128   D-376,314
 
           
Fruit Box
  U   08/193,433   5,590,805
 
           
Food Package With Hinged Lid
  D   29/014,051   D-351,999
 
           
Food Package With Hinged Lid
  D   29/014,058   D-354,436
 
           
Food Package With Hinged Lid
  D   29/014,055   D-354,435
 
           
SANDWICH CONTAINER
  D   29/009,434   D-349,050
 
           
LUNCH BOX
  D   29/009,749   D-349,633
 
           
PASTRY PACKAGE
  D   29/012,160   D-352,454
 
           
FRUIT CLAMSHELL CONTAINER
  D   29/005,991   D-346,552
 
           
STORAGE AND DISPLAY CONTAINER FOR FOOD
  D   29/005,651   D-346,554
 
           
TRAY FOR BAKED GOODS
  D   29/004,349   D-345,894
 
           
CONTAINER FOR BAKED FOOD PRODUCTS
  D   29/004,352   D-345,912
 
           
SNACK FOOD CONTAINER WITH LID
  D   07/919,122   D-344,660
 
           
BERRY BOX
  D   29/024,458   D-361,035
 
           
BERRY BOX
  D   29/014,482   D-361,036
 
           
Chicken Container
  D   29/073,173   D-394,807
 
           
Pie Container
  D   29/073,780   D-391,850
 
           
Vegetable Container
  D   29/084,690   D-421,695

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
U.S. Patent Applications
None
Non-U.S. Patents
                     
Title   Country   Serial No.   Patent No.
Clamshell Container For Food Items
  Argentina     62,716       62,716  
 
                   
Clamshell Container For Food Items
  Mexico     95,741       9271  
 
                   
Clamshell Container For Food Items
  New Zealand     26,877       26,877  
 
                   
Blueberry Container
  Mexico     95/3348       186,156  
 
                   
Stackable Container with Hinged Lid
  Australia     1076/1996       129,952  
 
                   
A Stackable Berry Box Container with Hinged Lid
  New Zealand     27,524       27,524  
 
                   
Food Container (2 Serving)
  Canada     1997-2635       85,264  
 
                   
Food Container (4 Serving)
  Canada     1997-2636       84,760  
 
                   
Food Container
  New Zealand     27,101       27,101  
 
                   
Chicken Container
  Canada     1997-3145       85,286  
 
                   
Fruit Box
  Australia     2249/94       122,837  
 
                   
Fruit Box
  Mexico     947,264       187,322  
 
                   
Vegetable Container
  Canada     1998-1981       85,896  
 
                   
Box
  Australia     559/94       121,365  
 
                   
Berry Box
  New Zealand     25,788       25,788  
Non-U.S. Patent Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 9(c)
Intellectual Property
Trademarks and Trademark Applications
TRADEMARK/TRADE NAMES OWNED BY ULTRA PAC, INC.
U.S. Trademark Registrations
                 
Mark   Reg. Date     Reg. No.  
ULTRA PAC
  2-Dec-97     2,117,754  
ULTRA PAC
  31-Aug-99     2,273,796  
CHICKEN COUPE
  13-Oct-98     2,196,677  
ULTRALITE BAKEABLES
  26-Sep-95     1,922,089  
PETEWICH
  14-Feb-95     1,878,674  
SNACK CLAM
  14-Jun-94     1,839,975  
SHO-BOWLS
  17-Dec-91     1,668,553  
U.S. Trademark Applications
None
State Trademark Registrations
None
Non-U.S. Trademark Registrations
             
Country   Mark   Reg. Date   Reg. No.
Australia
  ULTRA PAC   31-May-04   A631,148
 
Mexico
  ULTRA PAC
(and Design)
  31-Aug-95   503,026
 
New Zealand
  ULTRA PAC   18-May-01   B237,026
 
Australia
  SHO-BOWLS   6-Mar-96   A645,071
 
New Zealand
  SHO-BOWLS   23-Sep-01   241,359

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Non-U.S. Trademark Applications
None
Trade Names
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
LICENSES
I. Licenses/Sublicenses of Ultra Pac, Inc. as Licensor/Sublicensor on Date Hereof
A. Copyrights
U.S. Copyrights
None
Non-U.S. Copyrights
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
B. Patents
U.S. Patents
None
U.S. Patent Applications
None
Non-U.S. Patents
None
Non-U.S. Patent Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
C. Trademarks
U.S. Trademarks
None
U.S. Trademark Applications
None
Non-U.S. Trademarks
None
Non-U.S. Trademark Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
D. Others
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
II. Licenses/Sublicenses of Ultra Pac, Inc. as Licensee/Sublicensee on Date Hereof
A. Copyrights
U.S. Copyrights
None
Non-U.S. Copyrights
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
B. Patents
U.S. Patents
None
U.S. Patent Applications
None
Non-U.S. Patents
None
Non-U.S. Patent Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
U.S. Trademarks
None
U.S. Trademark Applications
None
Non-U.S. Trademarks
None
Non-U.S. Trademark Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
D. Others
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 10
Commercial Tort Claims
                 
Grantor/Plaintiff   Defendant     Description  
None
               

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 11
Deposit Accounts
                         
    Depositary              
    Institution              
Grantor   (including address)     Type of Account     Account Number  
None
                       

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 12
Securities Accounts
                       
    Intermediary            
    Institution            
Grantor   (including address)     Type of Account     Account Number
None