Exhibit 99.7
AMENDED AND RESTATED SECURITY AGREEMENT
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THIS AMENDED AND RESTATED SECURITY AGREEMENT (this "Agreement") dated
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as of May 16, 2002, is among APW LTD., a Bermuda corporation (the "Borrower");
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the other persons or entities which are listed on the signature pages hereof as
debtors or which from time to time become parties hereto as debtors
(collectively, including the Borrower, "Debtors" and individually each a
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"Debtors"); and BANK OF AMERICA, NATIONAL ASSOCIATION, in its capacity as
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Administrative Agent under the Credit Agreement (as defined below) and in its
capacity as Post-Petition Agent under the Post-Petition Credit Agreement (as
defined below) (in such capacities, the "Agent").
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W I T N E S S E T H:
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WHEREAS, the Borrower has entered into an Amended and Restated
Multicurrency Credit Agreement, dated as of May 22, 2001 (as amended or
otherwise modified from time to time, the "Credit Agreement") with various
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financial institutions (together with their respective successors and assigns,
collectively the "Banks"), Bank One NA, as Syndication Agent, The Chase
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Manhattan Bank, as Documentation Agent and Bank of America, National
Association, as Administrative Agent, pursuant to which such financial
institutions have agreed to make loans to, and issue or participate in letters
of credit for the account of, the Borrower;
WHEREAS, certain Subsidiaries of the Borrower have executed and
delivered, or will execute and deliver, guaranties (as each such guaranty may be
amended or otherwise modified from time to time, as to each such guarantor, the
"Credit Agreement Guaranty") of certain Obligations under the Credit Agreement;
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WHEREAS, the Borrower has entered into an Post-Petition Multicurrency
Superpriority Credit Agreement, dated as of May 16, 2002 (as amended or
otherwise modified from time to time, the "Post-Petition Credit Agreement") with
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various financial institutions (together with their respective successors and
assigns, collectively the "Lenders"), Bank of America, National Association, as
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Post-Petition Agent and U.S. Collateral Agent, Royal Bank of Scotland, PLC, as
Lead Arranger, Book Manager, and U.K. Collateral Agent and Oaktree Capital
Management, LLC, as Lead Arranger and Book Manager, pursuant to which such
financial institutions have agreed to make loans to, and issue or participate in
letters of credit for the account of, the Borrower;
WHEREAS, certain Subsidiaries of the Borrower have executed and
delivered, or will execute and deliver, a guaranty (as such guaranty may be
amended or otherwise modified from time to time, as to each such guarantor, the
"Post-Petition Credit Agreement Guaranty") of certain Obligations under and as
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defined in the Post-Petition Credit Agreement;
NOW, THEREFORE, for and in consideration of any loan, advance or other
financial accommodation heretofore or hereafter made to the Borrower under or in
connection with the Credit Agreement and Post-Petition Credit Agreement, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:
SECTION 1. Definitions.
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(a) When used herein the terms Account, Account Debtor, Certificated
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Security, Chattel Paper, Deposit Account, Document, Equipment, Fixture, General
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Intangibles, Goods, Inventory, Investment Property, Proceeds, Security, Security
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Entitlement and Uncertificated Security have the respective meanings assigned
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thereto in the UCC (as defined below).
(b) Capitalized terms used herein which are not otherwise defined herein
shall have the respective meanings assigned thereto in the Post-Petition Credit
Agreement.
(c) The following terms have the following meanings (such definitions to be
applicable to both the singular and plural forms of such terms):
(i) "Assignee Deposit Account" has the meaning assigned thereto in
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Section 4.
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(ii) "Collateral" means, with respect to any Debtor, all property and
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rights of such Debtor in which a security interest is granted hereunder.
(iii) "Commercial Tort Claim" means "Commercial Tort Claim" as defined
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in the UCC including, without limitation, any Commercial Tort Claim as
identified in any schedule, exhibit or amendment to this Agreement.
(iv) "Commitments" means Commitments of the Banks under the Credit
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Agreement and Commitments of the Lenders under the Post-Petition Credit
Agreement.
(v) "Computer Hardware and Software" means, with respect to any
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Debtor, all of such Debtor's rights (including rights as licensee and
lessee) with respect to (A) computer and other electronic data processing
hardware, including all integrated computer systems, central processing
units, memory units, display terminals, printers, computer elements, card
readers, tape drives, hard and soft disk drives, cables, electrical supply
hardware, generators, power equalizers, accessories, peripheral devices and
other related computer hardware; (B) all software programs designed for use
on the computers and electronic data processing hardware described in
clause (A) above, including all operating system software, utilities and
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application programs in whatsoever form (source code and object code in
magnetic tape, disk or hard copy format or any other listings whatsoever);
(c) any firmware associated with any of the foregoing; and (D) any
documentation for hardware, software and firmware described in clauses (A),
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(B) and (C) above, including flow charts, logic diagrams, manuals,
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specifications, training materials, charts and pseudo codes.
(vi) "Default" means the occurrence of: (a) any Default (as defined
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in the Credit Agreement or Post-Petition Credit Agreement); or (b) any
Event of Default (as defined in the Credit Agreement or Post-Petition
Credit Agreement).
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(vii) "Instrument" has the meaning specified in Article 9 of the UCC.
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(viii) "Intellectual Property" means all past, present and future:
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trade secrets and other proprietary information; trademarks, service marks,
business names, designs, logos, indicia and other source and/or business
identifiers, and the goodwill of the business relating thereto and all
registrations or applications for registrations which have heretofore been
or may hereafter be issued thereon throughout the world; copyrights
(including copyrights for computer programs) and copyright registrations or
applications for registrations which have heretofore been or may hereafter
be issued throughout the world and all tangible property embodying the
copyrights; unpatented inventions (whether or not patentable); patent
applications and patents; industrial designs, industrial design
applications and registered industrial designs; license agreements related
to any of the foregoing and income therefrom; books, records, writings,
computer tapes or disks, flow diagrams, specification sheets, source codes,
object codes and other physical manifestations, embodiments or
incorporations of any of the foregoing; the right to xxx for all past,
present and future infringements of any of the foregoing; and all common
law and other rights throughout the world in and to all of the foregoing.
(ix) "Liabilities" means with respect to the Borrower and any of its
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Subsidiaries parties hereto, in each case howsoever created, arising or
evidenced, whether direct or indirect, absolute or contingent, now or
hereafter existing, or due or to become due: (a) all Obligations (as such
term is defined in the Credit Agreement) of such Debtor under the Credit
Agreement, any Note (as such term is defined in the Credit Agreement), any
Credit Agreement Guaranty, any other Loan Document (as such term is defined
in the Credit Agreement) or any other document or instrument executed in
connection therewith; (b) all Obligations (as such term is defined in the
Post-Petition Credit Agreement) of such Debtor under the Post-Petition
Credit Agreement, any Note (as such term is defined in the Post-Petition
Credit Agreement), the Post-Petition Credit Agreement Guaranty, any other
Loan Document (as such term is defined in the Post-Petition Credit
Agreement) or any other document or instrument executed in connection
therewith; and (c) any Swap Contract entered into with Bank of America,
N.A. or Fleet National Bank existing on or before May 15, 2001.
(x) "Non-Tangible Collateral" means, with respect to any Debtor,
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collectively, such Debtor's Accounts and General Intangibles.
(xi) "Swap Contract" means any agreement, including any amended
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version thereof, whether or not in writing, relating to any transaction
that is a rate swap, basis swap, forward rate transaction, commodity swap,
commodity option, equity or equity index swap or option, bond, note or xxxx
option, interest rate option, forward foreign exchange transaction, cap,
collar or floor transaction, currency swap, cross-currency rate swap,
swaption, currency option or any other, similar transaction (including any
option to enter into any of the foregoing) or any
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combination of the foregoing, and, unless the context otherwise
clearly requires, any master agreement relating to or governing any or
all of the foregoing.
(xii) "UCC" means the Uniform Commercial Code as in effect in
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the State of Illinois on the date of this Agreement; provided that, as
used in Section 8 hereof, "UCC" shall mean the Uniform Commercial Code
as in effect from time to time in any applicable jurisdiction.
SECTION 2. Grant of Security Interest. As security for the payment of all
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Liabilities, each Debtor hereby assigns to the Agent for the benefit of the
Agent, the Banks and the Lenders, and grants to the Agent for the benefit of the
Banks and the Lenders a continuing security interest in, the following, whether
now or hereafter existing or acquired:
All of such Debtor's:
(i) Accounts;
(ii) Chattel Paper;
(iii) Commercial Tort Claims;
(iv) Computer Hardware and Software and all rights with
respect thereto, including, any and all licenses, options, warranties,
service contracts, program services, test rights, maintenance rights,
support rights, improvement rights, renewal rights and
indemnifications, and any substitutions, replacements, additions or
model conversions of any of the foregoing, provided that to the extent
that the provisions of any lease or license of Computer Hardware or
Software or Intellectual Property expressly prohibit (which
prohibition is enforceable under applicable law) the assignment
thereof, and the grant of a security interest therein, such Debtor's
rights in such lease or license shall be excluded from this assignment
and grant for so long as such prohibition continues, it being
understood that upon request of the Agent or the Majority Lenders
(under and as defined in the Post-Petition Credit Agreement), such
Debtor will in good faith use reasonable efforts to obtain consent for
the creation of a security interest in favor of the Agent for the
benefit of the Lenders and the Banks in such Debtor's rights under
such lease or license;
(v) Deposit Accounts;
(vi) Documents;
(vii) General Intangibles;
(viii) Goods (including all of its Equipment, Fixtures and
Inventory), and all accessions, additions, attachments, improvements,
substitutions and replacements thereto and therefor;
(ix) Instruments;
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(x) Intellectual Property, provided that to the extent that
the provisions of any lease or license of Intellectual Property
expressly prohibits (which prohibition is enforceable under applicable
law) the assignment thereof, and the grant of a security interest
therein, such Debtor's rights in such lease or license shall be
excluded from this assignment and grant for so long as such
prohibition continues, it being understood that upon request of the
Agent or the Majority Lenders (under and as defined in the
Post-Petition Credit Agreement), such Debtor will in good faith use
reasonable efforts to obtain consent for the creation of a security
interest in favor of the Agent for the benefit of the Lenders and the
Banks in such Debtor's rights under such lease or license;
(xi) Investment Property;
(xii) Letter of Credit Rights and letters of credit (as such
term is defined in Article 5 of the UCC;
(xiii) money (of every jurisdiction whatsoever);
(xiv) to the extent not included in the foregoing, all books,
records, writings, data bases, information and other property relating
to, used or useful in connection with, or evidencing, embodying,
incorporating or referring to any of the foregoing;
(xv) to the extent not included in the foregoing, all
Proceeds, products, offspring, rents, issues, profits and,
distributions on, rights arising out of, returns of and from, and any
and all claims and/or insurance payments arising out of the loss,
nonconformity, or interference with the use of, defects or
infringements of rights in, or damage to, any of the foregoing; and
(xvi) to the extent not included in the foregoing, other
personal property of any kind or description.
SECTION 3. Warranties. Each Debtor warrants that:
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(a) no financing statement (other than any which may have been filed
on behalf of the Agent or in connection with liens expressly permitted by
the Credit Agreement and the Post-Petition Credit Agreement ("Permitted
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Liens")) covering any of the Collateral has been authorized and is on file
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in any public office;
(b) such Debtor is and will be the lawful owner of all Collateral,
free of all liens and claims whatsoever, other than the security interest
hereunder and Permitted Liens, with full power and authority to execute
this Agreement and perform such Debtor's obligations hereunder, and to
subject the Collateral to the security interest hereunder;
(c) all information with respect to Collateral and Account Debtors set
forth in any schedule, certificate or other writing at any time heretofore
or hereafter furnished by such Debtor to the Agent, and Bank or any Lender
is and will be true and correct in all material respects as of the date
furnished;
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(d) such Debtor's true legal name as registered in the jurisdiction in
which such debtor is organized or incorporated, state of incorporation or
organization, organizational identification number as designated by the state of
its incorporation or organization, chief executive office and principal place of
business are as set forth on Schedule I hereto (and such Debtor has not
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maintained its chief executive office and principal place of business at any
other location at any time after May 22, 2001);
(e) each other location where such Debtor maintains a place of business
or locates Goods is set forth on Schedule II hereto;
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(f) except as set forth on Schedule III hereto, such Debtor is not now
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known and during the five years preceding the date hereof has not previously
been known by any trade name;
(g) except as set forth on Schedule III hereto, during the five years
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preceding the date hereof such Debtor has not been known by any legal name
different from the one set forth on the signature pages of this Agreement nor
has such Debtor been the subject of any merger or other corporate
reorganization;
(h) Schedule IV hereto contains a complete listing of all of such
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Debtor's Intellectual Property which is subject to registration statutes;
(i) such Debtor is an corporation, limited partnership or limited
liability company, duly organized, validly existing and in good standing under
the laws of the jurisdiction of its organization or incorporation;
(j) the execution and delivery of this Agreement and the performance by
such Debtor of its obligations hereunder are within such Debtor's corporate
powers, have been duly authorized by all necessary corporate action, have
received all necessary governmental approval (if any shall be required), and do
not and will not contravene or conflict with any provision of law or of the
charter or by-laws of such Debtor or of any material agreement, indenture,
instrument or other document, or any material judgment, order or decree, which
is binding upon such Debtor;
(k) this Agreement is a legal, valid and binding obligation of such
Debtor, enforceable in accordance with its terms, except that the enforceability
of this Agreement may be limited by bankruptcy, insolvency, fraudulent
conveyance, fraudulent transfer, reorganization, moratorium or other similar
laws now or hereafter in effect relating to creditors' rights generally and by
general principles of equity (regardless of whether enforcement is sought in a
proceeding in equity or at law); and
(l) such Debtor is in compliance with the requirements of all
applicable laws (including the provisions of the Fair Labor Standards Act),
rules, regulations and orders of every governmental authority, the
non-compliance with which would reasonably be expected to result in a Material
Adverse Effect.
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SECTION 4. Collections, etc.
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(a) Until such time during the existence of a Default as the Agent (at the
direction of the Majority Lenders) shall notify such Debtor of the revocation of
such power and authority, each Debtor:
(i) may, in the ordinary course of its business, at its own
expense, sell, lease or furnish under contracts of service any of the
Inventory normally held by such Debtor for such purpose, use and consume,
in the ordinary course of its business, any raw materials, work in process
or materials normally held by such Debtor for such purpose, and use, in the
ordinary course of its business (but subject to the terms of the Credit
Agreement and Post-Petition Credit Agreement), the cash proceeds of
Collateral and other money which constitutes Collateral,
(ii) will, at its own expense, endeavor to collect, as and when
due, all amounts due under any of the Non-Tangible Collateral, including
the taking of such action with respect to such collection as the Agent may
reasonably request or, in the absence of such request, as such Debtor may
deem advisable, and
(iii) may grant, in the ordinary course of business, to any party
obligated on any of the Non-Tangible Collateral, any rebate, refund or
allowance to which such party may be lawfully entitled, and may accept, in
connection therewith, the return of Goods, the sale or lease of which shall
have given rise to such Non-Tangible Collateral.
(b) The Agent, however, may, at any time that a Default exists, whether
before or after any revocation of such power and authority or the maturity of
any of the Liabilities, notify any parties obligated on any of the Non-Tangible
Collateral to make payment to the Agent of any amounts due or to become due
thereunder and enforce collection of any of the Non-Tangible Collateral by suit
or otherwise and surrender, release or exchange all or any part thereof, or
compromise or extend or renew for any period (whether or not longer than the
original period) any indebtedness thereunder or evidenced thereby. Upon the
request of the Agent (at the direction of the Majority Lenders) during the
existence of a Default, each Debtor will, at its own expense, notify any or all
parties obligated on any of the Non-Tangible Collateral to make payment to the
Agent of any amounts due or to become due thereunder.
(c) Upon request by the Agent (at the direction of the Majority Lenders)
during the existence of a Default, each Debtor will forthwith, upon receipt,
transmit and deliver to the Agent, in the form received, all cash, checks,
drafts and other instruments or writings for the payment of money (properly
endorsed, where required, so that such items may be collected by the Agent)
which may be received by such Debtor at any time in full or partial payment or
otherwise as proceeds of any of the Collateral. Except as the Agent may
otherwise consent in writing, any such items which may be so received by any
Debtor will not be commingled with any other of its funds or property, but will
be held separate and apart from its own funds or property and upon express trust
for the Agent
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until delivery is made to the Agent. Each Debtor will comply with the terms
and conditions of any consent given by the Agent pursuant to the foregoing
sentence.
(d) During the existence of a Default, all items or amounts which
are delivered by any Debtor to the Agent on account of partial or full
payment or otherwise as proceeds of any of the Collateral shall be
deposited to the credit of a deposit account (each an "Assignee Deposit
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Account") of such Debtor with the Agent (or another financial institution
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selected by the Agent) over which the Agent has sole dominion and control,
as security for payment of the Liabilities. No Debtor shall have any right
to withdraw any funds deposited in the applicable Assignee Deposit Account.
The Agent may, from time to time, and shall upon request of the applicable
Debtor made not more than once in any week, apply all or any of the then
balance, representing collected funds, in the Assignee Deposit Account
toward payment of the Liabilities, whether or not then due, in such order
of application as the Agent may determine, and the Agent may, from time to
time, in its discretion, release all or any of such balance to the
applicable Debtor.
(e) The Agent (or any designee of the Agent) is authorized to
endorse, in the name of the applicable Debtor, any item, howsoever received
by the Agent, representing any payment on or other proceeds of any of the
Collateral.
(f) No Debtor shall maintain any Deposit Account or deposit any
items or amounts in any Deposit Account except:
(i) Deposit Accounts maintained with the Agent; or
(ii) Deposit Accounts as to which each respective Debtor, the
Agent and the depositary bank have entered into an agreement in
form acceptable to the Agent that the depositary bank will comply
with the instructions originated by the Agent directing disposition
of the funds in the account without further consent by such Debtor.
SECTION 5. Certificates, Schedules and Reports. Each Debtor will from
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time to time, as the Agent may request, deliver to the Agent such schedules,
certificates and reports respecting all or any of the Collateral at the time
subject to the security interest hereunder, and the items or amounts received by
such Debtor in full or partial payment of any of the Collateral, as the Agent
may reasonably request. Any such schedule, certificate or report shall be
executed by a duly authorized officer of such Debtor and shall be in such form
and detail as the Agent may specify. Each Debtor shall immediately notify the
Agent of the occurrence of any event causing any loss or depreciation in the
value of its Inventory or other Goods which could reasonably be expected to
result in a Material Adverse Effect, and such notice shall specify the amount of
such loss or depreciation.
SECTION 6. Agreements of the Debtors.
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(a) Each Debtor:
(i) will, upon request of the Agent, execute such financing
statements and other documents (and pay the cost of filing or
recording the same in all public
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offices reasonably deemed appropriate by the Agent) and do such other acts and
things (including, delivery to the Agent of any Chattel Paper, Instruments or
Certificated Securities which constitute Collateral), all as the Agent may from
time to time reasonably request, to establish and maintain a valid perfected
security interest in the Collateral (free of all other liens, claims and rights
of third parties whatsoever, other than Permitted Liens) to secure the payment
of the Liabilities;
(ii) hereby authorizes the Agent to file financing statements describing
the collateral as "all property" or words of similar import, and to file other
documents without such Debtor's signature (to the extent permitted by applicable
law);
(iii) will keep all its Inventory, Equipment and all other Goods at, and
will not maintain any place of business or locate any Goods at any location
other than, its address(es) shown on Schedules I and II hereto or at such other
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addresses of which such Debtor shall have given the Agent not less than 10 days'
prior written notice,
(iv) shall not change its state of organization or incorporation or its
name, identity or organizational structure such that any financing statement
filed to perfect the Agent's interests under this Agreement would become
seriously misleading, unless the Debtor shall have given the Agent not less than
10 days' prior written notice of such change, provided that this Section
6(a)(iv) shall not be deemed to authorize any change or transaction prohibited
under the Credit Agreement or Post-Petition Credit Agreement;
(v) will keep its records concerning the Non-Tangible Collateral in
such a manner as will enable the Agent or its designees to determine at any time
the status of the Non-Tangible Collateral;
(vi) will furnish the Agent such information concerning such Debtor, the
Collateral and the Account Debtors as the Agent may from time to time reasonably
request;
(vii) will permit the Agent, the Lenders and their designees, from time
to time, on reasonable notice and at reasonable times and intervals during
normal business hours (or at any time without notice during the existence of a
Default) to inspect such Debtor's Inventory and other Goods, and to inspect,
audit and make copies of and extracts from all records and other papers in the
possession of such Debtor pertaining to the Collateral and the Account Debtors,
and will, upon request of the Agent during the existence of a Default, deliver
to the Agent all of such records and papers;
(viii) will, upon request of the Agent, stamp on its records concerning
the Collateral, and add on all Chattel Paper constituting a portion of the
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Collateral, a notation, in form satisfactory to the Agent, of the security
interest of the Agent hereunder;
(ix) except for the sale or lease of Inventory in the ordinary course
of its business and sales of Equipment which is no longer useful in its
business or which is being replaced by similar Equipment, will not sell,
lease, assign or create or permit to exist any Lien on any Collateral other
than Permitted Liens;
(x) without limiting the provisions of Section 7.3 of the Credit
Agreement or Section 11.3 of the Post-Petition Credit Agreement, will at all
times keep all of its Inventory and other Goods insured under policies
maintained with reputable, financially sound insurance companies against
loss, damage, theft and other risks to such extent as is customarily
maintained by companies similarly situated, and cause all such policies to
provide that loss thereunder shall be payable to the Agent as its interest
may appear (it being understood that (A) so long as no Default shall be
existing, the Agent shall deliver any proceeds of such insurance which may
be received by it to such Debtor and (B) whenever a Default shall be
existing, the Agent may apply any proceeds of such insurance which may be
received by it toward payment of the Liabilities, whether or not due, in
such order of application as the Agent may determine), and such policies or
certificates thereof shall, if the Agent so requests, be deposited with or
furnished to the Agent;
(xi) will take such actions as are reasonably necessary to keep its
Inventory in good repair and condition;
(xii) will take such actions as are reasonably necessary to keep its
Equipment in good repair and condition and in good working order, ordinary
wear and tear excepted;
(xiii) will promptly pay when due all license fees, registration fees,
taxes, assessments and other charges which may be levied upon or assessed
against the ownership, operation, possession, maintenance or use of its
Equipment and other Goods;
(xiv) will take all steps reasonably necessary to protect, preserve
and maintain all of its rights in the Collateral;
(xv) except as listed on Schedule V, will keep all of the tangible
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Collateral, Deposit Accounts and Investment Property in the United States;
and
(xvi) will reimburse the Agent for all expenses, including reasonable
attorney's fees and charges (including time charges of attorneys who are
employees of the Agent), incurred by the Agent or any Arranger in seeking to
collect or enforce any rights in respect of such Debtor's Collateral.
(b) Any expenses incurred in protecting, preserving or maintaining any
Collateral shall be borne by the applicable Debtor. Whenever a Default shall be
existing, the Agent
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shall have the right to bring suit to enforce any or all of the
Intellectual Property or licenses thereunder, in which event the applicable
Debtor shall at the request of the Agent do any and all lawful acts and
execute any and all proper documents required by the Agent in aid of such
enforcement and such Debtor shall promptly, upon demand, reimburse and
indemnify the Agent for all costs and expenses incurred by the Agent in the
exercise of its rights under this Section 6. Notwithstanding the foregoing,
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the Agent shall have no obligation or liability regarding the Collateral or
any thereof by reason of, or arising out of, this Agreement.
SECTION 7. Default. Whenever a Default shall be existing, the Agent may
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exercise from time to time any and all rights or remedies available to it under
applicable law, in addition to those described in this Section 7 below:
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(a) Each Debtor agrees, in case of Default,
(i) to assemble, at its expense, all its Inventory and other
Goods (other than Fixtures) at a convenient place or places acceptable
to the Agent, and
(ii) at the Agent's request, to execute all such documents and
do all such other things which may be necessary or desirable in order
to enable the Agent or its nominee to be registered as owner of the
Intellectual Property with any competent registration authority.
(b) Notice of the intended disposition of the Collateral may be given
by first-class mail, hand-delivery (through a delivery service or
otherwise), facsimile or E-mail, and shall be deemed to have been "sent"
upon deposit in the U.S. Mails with adequate postage properly affixed, upon
delivery to an express delivery service or upon the electronic submission
through telephonic or Internet services, as applicable. Each Debtor hereby
agrees and acknowledges that:
(i) with respect to collateral that is: (A) perishable or
threatens to decline speedily in value, or (B) is of a type
customarily sold on a recognized market (including but not limited to,
Investment Property), no notice of disposition need be given; and
(ii) with respect to Collateral not described in clause (i) of
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this Section 7(b), notification sent after default and ten days before
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any proposed disposition provides notice within a reasonable time
before disposition.
(c) Each Debtor hereby agrees and acknowledges that a commercially
reasonable disposition of Inventory, Equipment, Computer Hardware and
Software, or Intellectual Property may be by lease or license of, in
addition to the sale of, such Collateral. Each Debtor further agrees and
acknowledges that and that a disposition:
(i) made in the usual manner on any recognized market, or
(ii) a disposition at the price current in any recognized market
at the time of disposition, or
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(iii) a disposition in conformity with reasonable commercial
practices among dealers in the type of property subject to the
disposition; shall be deemed commercially reasonable.
(d) Any cash proceeds of any disposition by the Agent of any of the
Collateral shall be applied by the Agent to payment of expenses in
connection with the Collateral, including reasonable attorneys' fees and
legal expenses, and thereafter to the payment of any and all of the
Liabilities in such order of application as required by that certain
Intercreditor Agreement, dated as of May 16, 2002, among Bank of America,
National Association, Royal Bank of Scotland, PLC, and Oaktree Capital
Management, LLC (the "Intercreditor Agreement"), and thereafter any surplus
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will be paid to the Debtor. Agent need not apply or pay over for
application noncash proceeds of collection and enforcement unless:
(i) the failure to do so would be commercially unreasonable and
(ii) the affected Debtor has provided Agent with a written
demand to apply or pay over such noncash proceeds on such basis.
SECTION 8. General.
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(a) This Agreement shall be subject to the provisions of the
Intercreditor Agreement including, without limitation, application of
proceeds, lien priority and exercise of rights and remedies hereunder.
(b) The Agent shall be deemed to have exercised reasonable care in the
custody and preservation of any of the Collateral in its possession if it
takes such action for that purpose as any applicable Debtor requests in
writing, but failure of the Agent to comply with any such request shall not
of itself be deemed a failure to exercise reasonable care, and no failure
of the Agent to preserve or protect any right with respect to such
Collateral against prior parties, or to do any act with respect to the
preservation of such Collateral not so requested by any Debtor, shall be
deemed of itself a failure to exercise reasonable care in the custody or
preservation of such Collateral.
(c) Any notice from the Agent to any Debtor, if mailed, shall be
deemed given five days after the date mailed, postage prepaid, addressed to
such Debtor either at such Debtor's address shown on Schedule I hereto or
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at such other address as such Debtor shall have specified in writing to the
Agent as its address for notices hereunder.
(d) Each of the Debtors agrees to pay all expenses, including
reasonable attorney's fees and charges (including time charges of attorneys
who are employees of the Agent, any Bank or any Lender) paid or incurred by
the Agent, any Bank or any Lender in endeavoring to collect the Liabilities
of such Debtor, or any part thereof, and in enforcing this Agreement
against such Debtor, and such obligations will themselves be Liabilities.
(e) No delay on the part of the Agent in the exercise of any right or
remedy shall operate as a waiver thereof, and no single or partial exercise
by the Agent of any right or
12
remedy shall preclude other or further exercise thereof or the exercise of
any other right or remedy. No amendment, modification or waiver of, or
consent with respect to, any provision of this Agreement shall be effective
unless the same shall be in writing and signed and delivered by the Agent
with the consent of the Majority Lenders under the Post-Petition Credit
Agreement and the consent of the Required Banks under the Credit Agreement
and then such amendment, modification, waiver or consent shall be effective
only in the specific instance and for the specific purpose for which given.
(f) This Agreement shall remain in full force and effect until all
Liabilities have been paid in full and all Commitments have terminated. If
at any time all or any part of any payment theretofore applied by the
Agent, any Bank or any Lender to any of the Liabilities is or must be
rescinded or returned by the Agent, such Bank or such Lender for any reason
whatsoever (including the insolvency, bankruptcy or reorganization of any
Debtor), such Liabilities shall, for the purposes of this Agreement, to the
extent that such payment is or must be rescinded or returned, be deemed to
have continued in existence, notwithstanding such application by the Agent,
such Bank or such Lender, and this Agreement shall continue to be effective
or be reinstated, as the case may be, as to such Liabilities, all as though
such application by the Agent, such Bank or such Lender had not been made.
(g) This Agreement shall be construed in accordance with and governed
by the laws of the State of Illinois applicable to contracts made and to be
performed entirely within such State, subject, however, to the
applicability of the UCC of any jurisdiction in which any Goods of any
Debtor may be located at any given time. Whenever possible, each provision
of this Agreement shall be interpreted in such manner as to be effective
and valid under applicable law, but if any provision of this Agreement
shall be prohibited by or invalid under applicable law, such provision
shall be ineffective to the extent of such prohibition or invalidity,
without invalidating the remainder of such provision or the remaining
provisions of this Agreement.
(h) This Agreement shall be binding upon each Debtor and the Agent and
their respective successors and assigns, and shall inure to the benefit of
each Debtor and the Agent and the successors and assigns of the Agent. It
is understood and agreed that this Agreement shall be binding and
enforceable against each Debtor which executes a counterpart to this
Agreement notwithstanding that any other Person shall not become a party
hereto as a "Debtor". As additional Debtors become parties, such Debtors
shall deliver their applicable Schedules.
(i) This Agreement may be executed in any number of counterparts
(including via facsimile) and by the different parties hereto on separate
counterparts, and each such counterpart shall be deemed to be an original,
but all such counterparts shall together constitute one and the same
Agreement. At any time after the date of this Agreement, one or more
additional Persons may become parties hereto by executing and delivering to
the Agent a counterpart of this Agreement together with supplements to the
Schedules hereto setting forth all relevant information with respect to
such party as of the date of such delivery. Immediately upon such execution
and delivery (and without any further
13
action), each such additional Person will become a party to, and will be
bound by all the terms of, this Agreement.
(j) ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER OR IN
CONNECTION WITH THIS AGREEMENT OR ANY OTHER DOCUMENT EVIDENCING OR RELATING
TO ANY OF THE LIABILITIES, MAY BE BROUGHT AND MAINTAINED IN THE COURTS OF
THE STATE OF ILLINOIS OR IN THE UNITED STATES DISTRICT COURT FOR THE
NORTHERN DISTRICT OF ILLINOIS; PROVIDED THAT ANY SUIT SEEKING ENFORCEMENT
AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT THE AGENT'S
OPTION, IN THE COURTS OF ANY JURISDICTION WHERE SUCH COLLATERAL OR OTHER
PROPERTY MAY BE FOUND. EACH DEBTOR HEREBY EXPRESSLY AND IRREVOCABLY SUBMITS
TO THE JURISDICTION OF THE COURTS OF THE STATE OF ILLINOIS AND OF THE
UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS FOR THE
PURPOSE OF ANY SUCH LITIGATION AS SET FORTH ABOVE. EACH DEBTOR FURTHER
IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS BY REGISTERED MAIL, POSTAGE
PREPAID, TO THE ADDRESS SET FORTH ON SCHEDULE I HERETO (OR SUCH OTHER
----------
ADDRESS AS IT SHALL HAVE SPECIFIED IN WRITING TO THE AGENT AS ITS ADDRESS
FOR NOTICES HEREUNDER) OR BY PERSONAL SERVICE WITHIN OR WITHOUT THE STATE
OF ILLINOIS. EACH DEBTOR HEREBY EXPRESSLY AND IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION WHICH IT MAY NOW OR
HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY SUCH LITIGATION BROUGHT IN ANY
SUCH COURT REFERRED TO ABOVE AND ANY CLAIM THAT ANY SUCH LITIGATION HAS
BEEN BROUGHT IN AN INCONVENIENT FORUM.
(k) EACH DEBTOR, THE AGENT AND (BY ACCEPTING THE BENEFITS HEREOF) EACH
BANK AND EACH LENDER HEREBY WAIVES ANY RIGHT TO A TRIAL BY JURY IN ANY
ACTION OR PROCEEDING TO ENFORCE OR DEFEND ANY RIGHTS UNDER THIS AGREEMENT,
ANY NOTE, ANY OTHER DOCUMENT EVIDENCING OR RELATING TO ANY OF THE
LIABILITIES AND ANY AMENDMENT, INSTRUMENT, DOCUMENT OR AGREEMENT DELIVERED
OR WHICH MAY IN THE FUTURE BE DELIVERED IN CONNECTION HEREWITH OR THEREWITH
OR ARISING FROM ANY FINANCING RELATIONSHIP EXISTING IN CONNECTION WITH ANY
OF THE FOREGOING, AND AGREES THAT ANY SUCH ACTION OR PROCEEDING SHALL BE
TRIED BEFORE A COURT AND NOT BEFORE A JURY.
[SIGNATURES FOLLOW]
14
IN WITNESS WHEREOF, this Agreement has been duly executed as of the day and
year first above written.
BANK OF AMERICA, NATIONAL
ASSOCIATION, as Agent
By: /s/ M. Xxxxxx XxXxxxxx
--------------------------------
Name: M. Xxxxxx XxXxxxxx
Title: Managing Director
APW LTD.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------
Name:
Title:
APPLIED POWER CREDIT CORPORATION
By: /s/ Xxxxxxx Xxxxxx
--------------------------------
Name:
Title:
APW ENCLOSURE SYSTEMS HOLDINGS, INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------
Name:
Title:
APW ENCLOSURE SYSTEMS LP, by APW Enclosure
Systems Holdings, Inc., its General Partner
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
APW ENCLOSURE SYSTEMS, INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
APW MAYVILLE LLC
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
APW NORTH AMERICA INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
APW XXXXXX LINE LLC
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
Security Agreement
APW-ERIE, INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
ASPEN MOTION TECHNOLOGIES INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
XXXX INDUSTRIES, INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
ELECTRONIC SOLUTIONS
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
INNOVATIVE METAL FABRICATION, INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
Security Agreement
XXXXXX MIDWEST CORPORATION
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
XXXXXX WEST INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
PRECISION FABRICATION TECHNOLOGIES, INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
VERO ELECTRONICS INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
ZERO-EAST DIVISION, ZERO CORPORATION
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Name:
Title:
Security Agreement
Signature page for the Amended and Restated Security Agreement, dated
as of May 16, 2002 among APW Ltd., various subsidiaries thereof and Bank of
America, National Association, as Agent for the Banks and Lenders referred to
herein.
The undersigned is executing a counterpart hereof for purposes of
becoming a party hereto (and attached to this signature page are supplements to
the Schedules to the Amended and Restated Security Agreement setting forth all
relevant information with respect to the undersigned):
[ADDITIONAL DEBTOR]
By:________________________________________
Name:
Title:
SCHEDULE I
----------
Debtors' True Legal Name, State of Organization, Organizational Identification
Number, Chief Executive Office and Principal Place Of Business
APW Ltd.
0 Xxxxxx Xxxxxx
Xxxxxxxx, Xxxxxxx
HM CX
Country of Organization: Bermuda
Organizational Number: EC28596
Applied Power Credit Corporation
X00 X00000 Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
State of Organization: Nevada
Identification Number: C3320-1997
APW Enclosure Systems Holding, Inc.
X00 X00000 Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
State of Organization: Delaware
Identification Number: 3139572
APW Enclosure Systems, LP
X00 X00000 Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
State of Organization: Delaware
Identification Number: 2967710
APW Enclosure Systems, Inc.
X00 X00000 Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
State of Organization: Delaware
Identification Number: 3265323
I-1
APW Mayville, LLC
N22 W23685 Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
State of Organization: Delaware
Identification Number: 3352551
APW North America Inc.
X00 X00000 Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
State of Organization: Delaware
Identification Number: 2161614
APW Xxxxxx Line LLC
000 Xxxx Xxxx Xxxx.
Xxxxxxxxx, XX 00000
State of Organization: Delaware
Identification Number: 3233470
APW-Erie, Inc.
0000 Xxxx Xxxxx Xxxx
Xxxx, XX 00000
State of Organization: Pennsylvania
Identification Number: 2866991
Aspen Motion Technologies Inc.
0000 Xxxx Xxxx
Xxxxxxx, XX 00000
State of Organization: North Carolina
Identification Number: 0444505
Xxxx Industries, Inc.
0000 Xxxx Xxxxxxxxxxx Xxxx.
Xxx Xxxxx, XX 00000
State of Organization: Wisconsin
Identification Number: R025944
I-2
Electronic Solutions
00000 Xxxxxxxxx Xxxxxx
Xxxxx, XX 00000
State of Organization: Nevada
Identification Number: C1180-1960
Innovative Metal Fabrication, Inc.
000 Xxxxxxxxxx Xxxxx
Xxxxx Xxxxxx, XX 00000
State of Organization: California
Identification Number: C1243985
XxXxxx Midwest Corporation
0000 Xxxxxxxx Xxxx Xxxx. Xxxxx
Xxxxxxxx, XX 00000
State of Organization: Minnesota
Identification Number: DC2R524
XxXxxx West Inc.
0000 Xxxxx Xxxxxxx
Xxxxxxxxx, XX 00000
State of Organization: California
Identification Number: C0813477
Precision Fabrication Technologies, Inc.
000 Xxxx Xxxxx Xxxx #00
Xxxxx, XX 00000
State of Organization: Indiana
Identification Number: 1987120300
Vero Electronics Inc.
X00 X00000 Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
State of Organization: New York
Identification Number: None
I-3
Zero-East Division, Zero Corporation
000 Xxxx Xxxxxx
Xxxxxx, XX 00000
State of Organization: Massachusetts
Identification Number: 043033705
I-4
SCHEDULE II
-----------
Other Locations Where Debtors Maintain a Place Of Business or Locates Goods
--------------------------------------------------------------------------------
Debtor Location
------ --------
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 000 Xxxxx Xxxxxx
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 0000 X. Xxxxxxxxxx Xxxxxx
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 0000 X. Xxxxxxxxxx Xxxxxx
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 0000 X. Xxxxxxxxxx Xxxxxx
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 0000 X. Xxxxxxxxxx Xxxxxx
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 00000 Xxxxxxx Xxxxxxx
Xxxx xx Xxxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 00 Xxxxxxxxx Xxxxx
Xxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 00 Xxxxxxxxx Xxxxx
Xxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 00 Xxxxxxxxx Xxxxx
Xxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 00000 Xxxxxxxxx Xxx
Xxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, Inc. 0000 Xxxxxxxx Xxxxx
Xxxxx 000, 000, 000
Xxx Xxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, LP 0000 Xxxxxxx Xxx #000
Xxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Enclosure Systems, LP 0000 Xxxxxxx Xxxxx Xxxxx, Xxxxx 000
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Mayville, LLC 000 Xxxxxxx Xxxx
Xxxx Xxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Mayville, LLC 0000 Xxxx Xxx
Xxxxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Mayville, LLC First & Highland Ave.
X.X. Xxx 00
--------------------------------------------------------------------------------
II-1
--------------------------------------------------------------------------------
Debtor Location
------ --------
--------------------------------------------------------------------------------
Xxxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Mayville, LLC 000 Xxxxxxxxxxxxx Xxxxx - Xxxxx
Xxxxx Xxxxx, XX 00000
--------------------------------------------------------------------------------
APW Mayville, LLC 00 Xxxx Xxxx
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW North America Inc. 0 Xxxxxxxxx Xxxxx
Xxxxxxxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW North America Inc. 0000 X. 000/xx/ Xxxxxx
Xxx Xxxxxx, XX 00000
--------------------------------------------------------------------------------
APW North America Inc. 00000 Xxxxxxxxxx Xxx. X
Xxxxx Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW North America Inc. 0000 Xxxxx Xxxx
Xxx Xxxxx Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 0000 X. 00/xx/ Xxxxxx
Xxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 0000 XxxXxxx Xxxxx
Xxxxxxxxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 000 X. Xxxxxx Xxxxxx
Xxxxxxxx, XX 00000
--------------------------------------------------------------------------------
APL Xxxxxx Line LLC 0000 X. Xxxxx Xxxxx Xxxxx, Xxxxx 000
Xxxxxxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 00 Xxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 0000 X Xxxxxx Xxxx Xx. Xxxx X000
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 0000 Xxxxxxx Xxxxxx, Xxxxx 0
Xxx Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 00 Xxxxx Xxxxxx
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 0000X Xxxxxx Xxxx Xxxxx
Xxxx Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW Xxxxxx Line LLC 000 Xxxxx Xxxxxx, Xxxx X-0
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
APW-Erie, Inc. 0000 Xxxx Xxxx
Xxxxxxx, XX 00000
--------------------------------------------------------------------------------
II-2
--------------------------------------------------------------------------------
Debtor Location
------ --------
--------------------------------------------------------------------------------
APW-Erie, Inc. 0000 Xxxx 00xx Xxxxxx
Xxxx, XX 00000
--------------------------------------------------------------------------------
Electronic Solutions 0000 Xxxx Xxx Xxxxxx Xxxx. #000, #000
Xxx Xxxxxx, XX 00000
--------------------------------------------------------------------------------
Innovative Metal Fabrication, Inc. 000 Xxxxxxxxxx Xxxxx
Xxxxx Xxxxxx, XX 00000
--------------------------------------------------------------------------------
XxXxxx West, Inc. 0000 Xxxxx Xxxxxxx
Xxxxxxxxx, XX 00000
--------------------------------------------------------------------------------
II-3
Third Party Locations
------------------------------------------------------------------------------------------------------
Debtor Name Third Party Name Third Party Address
----------- ---------------- -------------------
------------------------------------------------------------------------------------------------------
APW Enclosure Systems, The Irvine Company (d/b/a 0000 Xxxxxx Xxxxxx
Inc. Mini-U-Storage) Xxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW Enclosure Systems, Applied Biosystems 0000 Xxxxx
Xxx. Xx. Xxxxxx Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW Enclosure Systems, Virtual Integration Associates 0000 Xxxxxx Xxxxxx
Inc. USA Inc. Xxxxxx, XX 00000 (Hub)
------------------------------------------------------------------------------------------------------
APW Enclosure Systems, Xxxxxx Machine Shop 0000 X. Xxxxxx Xxxxx
Xxx. Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW Enclosure Systems, Harley & Son 00000 Xxxx Xxxxx Xxxxxxx
Xxx. Xxxxx Xxxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW Enclosure Systems, Xxxxxxxx Industries 938 X. Xxxxxxx, Unit C&D
Inc. Xxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW Enclosure Systems, CHE Metal Technologies 0000 Xxxxxxx Xxxxxx
Xxx. Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW Enclosure Systems KTEC Cleanroom Systems 000 Xxxxx Xxxxxx
XX Xxxxx X
Xxxxx Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW Mayville, LLC Apollo Distribution, 0000 X.X. 00 Xx.
Xxx.(Xxxxxxxxx) Xxxxxxxx Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW Mayville, LLC Lucent Technologies, Inc. 0000 X. Xxxx Xxx. Xxxxxxxx Xxxx,
XX 00000
------------------------------------------------------------------------------------------------------
APW North America, Inc. Zero Manufacturing, Inc. 000 Xxxx 000 Xxxxx
Xxxxx Xxxx Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW North America, Inc. ABTEC, Inc. 0000 Xxxxx Xxxx Xxxx
Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW North America, Inc. Xxxxxxx Tool & Die 000 Xxxxx Xxxxxx
Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW North America, Inc. Moldamatic 00 Xxxxxxx Xxxxxx
Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
APW-Erie, Inc. Express Cargo Forwarding West Avenue
The Phoenix
Paisley PAI-2FB
Scotland
------------------------------------------------------------------------------------------------------
APW-Erie, Inc. Press Brake at Xxxxxxxx 0000 Xxxxxx Xxxxxx
Riggers, Inc. Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion National Northeast 33 Bridge Street
Technologies, Inc. Xxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion Xxxxxxx Xxxxx 000 Xxxxxx Xxxx.
Technologies, Inc. Xxxxxxxxx Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
II-4
------------------------------------------------------------------------------------------------------
Debtor Name Third Party Name Third Party Address
----------- ---------------- -------------------
------------------------------------------------------------------------------------------------------
Aspen Motion Necoa 9103A Yellow Brick Road
Technologies, Inc. Xxxxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion Service Stamping Co. 0000 Xxxxx Xxxx.
Technologies, Inc. Xxxxxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion Xxxxxx Bommasandara
Technologies, Inc. Xxxxxxxxx, Xxxxx 00X-000
------------------------------------------------------------------------------------------------------
Aspen Motion Alpha 000 Xxxxxx Xx.
Technologies, Inc. Xxxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion Westlake Tool 0000 Xxxxx Xx.
Technologies, Inc. Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion Xxxxx Corp. 000 Xxxxxxxxxx Xxxx
Technologies, Inc. Xxxxxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion Keltech 0000 Xxxxxx Xx.
Technologies, Inc. Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion MCA 2701 N. Ontario St.
Technologies, Inc. Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion Gallup 0000 Xxxxxx Xx.
Technologies, Inc. Xxxxxxxxx Xxxxx, XX 00000
------------------------------------------------------------------------------------------------------
Aspen Motion Magnet Applications Northbridge Road
Technologies, Inc. Xxxxxxxxxxx, Xxxxxxx XX0 0XX
------------------------------------------------------------------------------------------------------
Aspen Motion Weames Precision Moo-6 Bo-win Sriracha
Technologies, Inc. Chonbori, Thailand
------------------------------------------------------------------------------------------------------
Aspen Motion Modern Metal Ind. 34-41 Xxx Xxx Pai Road
Technologies, Inc. Kawi Xxxxx, Hong Kong
------------------------------------------------------------------------------------------------------
Aspen Motion Precision 3F-Z 292 Min Sheg Road
Technologies, Inc. Taiwan, ROC
------------------------------------------------------------------------------------------------------
Aspen Motion Fishercast X.X. Xxx 000
Xxxxxxxxxxxx, Xxx. Xxxxxxxxxxxxx, Xxxxxxx Xxxxxx
------------------------------------------------------------------------------------------------------
Aspen Motion BCL Magnetics 0000 Xxxxx Xxxxxxx Xxxx
Technologies, Inc. Xxxxxxxxxx, Xxxxxxx X0X 0X0
------------------------------------------------------------------------------------------------------
Aspen Motion ATS 000 Xxxxx Xxx Xxxx
Technologies, Inc. Xxxxxxxxx, Xxxxxxx, Xxxxxx X0X 0X0
------------------------------------------------------------------------------------------------------
Electronic Solutions AME Manufacturing, Inc. 000 Xxxxxxx
Xxxxxx Xxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
XxXxxx Midwest Inc. Accurate Logistics 0000 Xxxxxxxxxx Xxxxxxxxxx Xxxxx
Xxxxx Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
XxXxxx Midwest Inc. Smurfit-Stone 00 Xxxxxxxxxx Xxxxx
Xxxxx, XX 00000
------------------------------------------------------------------------------------------------------
XxXxxx Midwest Inc. EXEL, Inc. 0000 Xxxxxxx Xxxx
Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
II-5
------------------------------------------------------------------------------------------------------
Debtor Name Third Party Name Third Party Address
----------- ---------------- -------------------
------------------------------------------------------------------------------------------------------
XxXxxx West Inc. ABTEC, Inc. 0000 Xxxxx Xxxx Xx.
Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
XxXxxx West Inc. APT Metal Fabricators, Inc 00000 Xxxxxxx Xxx.
Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
XxXxxx West Inc. Reptron Electronic, Inc 0000 X'Xxxxxx, Xxxx. Xxxxxxx,
XX 00000
------------------------------------------------------------------------------------------------------
XxXxxx West Inc Corlund Electronics 0000 X. Xxxxxxxx Xxxxxx Xx.
Xxxxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
XxXxxx West Inc. Plastic Engineered Components, 0000 Xxxxxx Xx.
Xxx. Xxxx, XX 00000
------------------------------------------------------------------------------------------------------
XxXxxx West Inc. American Board Assembly, Inc 0000 Xxxxxxxxx Xxx. Xxxxxxxx,
XX 00000
------------------------------------------------------------------------------------------------------
Precision Fabrication Dynamic/Connoisseur 717 X. Xxxxxxx
Technologies, Inc. Distribution Xxx Xxxxxxx, XX 00000
------------------------------------------------------------------------------------------------------
II-6
SCHEDULE III
------------
Domestic Companies
---------------------------------------------------------------------------------------------
Current Entity Alias
-------------- -----
---------------------------------------------------------------------------------------------
APW Enclosure Systems Holding, Inc. None.
---------------------------------------------------------------------------------------------
APW Enclosure Systems, LP APW Austin (trade name);
Austin Tool and Machine (trade name);
Xxxxx Manufacturing (trade name);
APW Garland (trade name);
AA Manufacturing (trade name);
APW Dallas (trade name)
---------------------------------------------------------------------------------------------
APW Enclosure Systems, Inc. (DE) APW Anaheim (trade name);
Everest Electronic Equipment (trade name);
APW Irvine (trade name);
PTI (Product Technology, Inc.) (trade name);
APW San Xxxx (trade name);
Performance Manufactured Products (PMP)
(trade name);
APW Xxxxxx (trade name);
Premier Industries (trade name)
---------------------------------------------------------------------------------------------
APW Mayville, LLC APW Mayville (trade name);
Mayville Metal Products (trade name);
APW Mayville WI (trade name);
APW Creedmore (trade name);
APW Mt. Olive (trade name)
---------------------------------------------------------------------------------------------
APW North America Inc. APW Robbinsville (trade name);
XxXxxx East (trade name);
XxXxxx Engineering (trade name);
APW Valencia (trade name);
Zero West (trade name);
APW Cases (trade name);
Zero Cases (trade name);
ZERO Corporation (former legal name);
Cambridge Aeroflow (trade name);
APW Corporate (trade name)
---------------------------------------------------------------------------------------------
APW Xxxxxx Line LLC Xxxxxx Line (trade name)
---------------------------------------------------------------------------------------------
APW-Erie, Inc. Metalade of Pennsylvania, Inc. (former legal
name);
APW Erie (trade name)
---------------------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. APW Aspen Motion (trade name);
APW Radford (trade name)
---------------------------------------------------------------------------------------------
III-1
---------------------------------------------------------------------------------------------
Current Entity Alias
-------------- -----
---------------------------------------------------------------------------------------------
Xxxx Industries, Inc. APW Oak Creek (trade name);
Xxxx (trade name)
---------------------------------------------------------------------------------------------
Electronic Solutions APW XX Xxxxxx (trade name);
APW Poway (trade name);
APW Electronic Solutions (trade name);
Canoga Industries (former legal name);
Scanbe (former legal name);
Zero-Nevada, Inc. (former legal name);
Xxxxxxxx (trade name);
CTI (trade name);
Connector Technology, Inc. (trade name);
Metal Arts (trade name)
---------------------------------------------------------------------------------------------
Innovative Metal Fabrication, Inc. APW Grass Valley (trade name);
Innovative (trade name)
---------------------------------------------------------------------------------------------
XxXxxx Midwest Corporation APW Thermal Management (trade name);
APW XxXxxx (trade name);
XxXxxx Thermal Management (trade name);
XxXxxx Engineering Midwest, Inc. (former
legal name);
Buyse Company (former legal name);
APW Xxxxxxxx (trade name)
---------------------------------------------------------------------------------------------
XxXxxx West Inc. APW Camarillo (trade name)
Air Cooling Technology, Inc. (former
legal name);
ACT (trade name);
APW XxXxxx West (trade name)
---------------------------------------------------------------------------------------------
Precision Fabrication Technologies, Inc. PFT (trade name);
APW Monon (trade name)
---------------------------------------------------------------------------------------------
Vero Electronics Inc.
---------------------------------------------------------------------------------------------
Zero East Division, ZERO Corporation APW Xxxxxx (trade name)
---------------------------------------------------------------------------------------------
III-2
SCHEDULE IV
-----------
Trademarks
--------------------------------------------------------------------------------------------------
Owner Xxxx Reg. No. Reg. Date
----- ---- -------- ---------
--------------------------------------------------------------------------------------------------
APW Ltd. APW 76/088,442 Pending
--------------------------------------------------------------------------------------------------
APW Ltd. STEALTHBRIDGE 76/208,756 Pending
--------------------------------------------------------------------------------------------------
APW Ltd. XXXXXXX 2,547,907 12-Mar-02
--------------------------------------------------------------------------------------------------
APW Ltd. OPTIMEDIA 1,006,342 11-Mar-75
--------------------------------------------------------------------------------------------------
APW Ltd. TRI-CODE 1,497,722 26-Jul-88
--------------------------------------------------------------------------------------------------
APW Ltd. LINX 1,993,431 13-Aug-96
--------------------------------------------------------------------------------------------------
APW North America Inc. ALUMA-TRAK 817,252 25-Oct-66
--------------------------------------------------------------------------------------------------
APW North America Inc. SCANBE 845,812 12-Mar-68
--------------------------------------------------------------------------------------------------
APW North America Inc. LOK-TAINER 55,016 31-Aug-76
--------------------------------------------------------------------------------------------------
APW North America Inc. LOK-TAINER 1,087,585 21-Mar-78
--------------------------------------------------------------------------------------------------
APW North America Inc. CAB CAD 2,128,177 13-Jan-98
--------------------------------------------------------------------------------------------------
APW North America Inc. SMARTCHASSIS 2,133,506 27-Jan-98
--------------------------------------------------------------------------------------------------
APW North America Inc. MAGNUM 2,179,274 04-Aug-98
--------------------------------------------------------------------------------------------------
APW North America Inc. DOT TEN and Design 2,209,775 08-Dec-98
--------------------------------------------------------------------------------------------------
APW North America Inc. WEDGE-LOK 2,224,920 00-Xxx-00
--------------------------------------------------------------------------------------------------
XXX Xxxxx Xxxxxxx Inc. QUICKSILVER 75/449,710 Published
--------------------------------------------------------------------------------------------------
APW North America Inc. SWING OUT 2,513,494 00-Xxx-00
--------------------------------------------------------------------------------------------------
XXX Xxxxx Xxxxxxx Inc. STANTRON 76/275,631 Published
--------------------------------------------------------------------------------------------------
Electronic Solutions Electronic Solutions 1,652,935 06-Aug-91
--------------------------------------------------------------------------------------------------
XxXxxx Midwest Corporation GENESIS 2,239,588 13-Apr-99
--------------------------------------------------------------------------------------------------
XxXxxx Midwest Corporation VCOOL 2,561,748 16-Apr-02
--------------------------------------------------------------------------------------------------
Precision Fabrication Technologies, Inc. MOD-U-BOX 1,520,598 17-Jan-89
--------------------------------------------------------------------------------------------------
Precision Fabrication Technologies, Inc. MOD-U-LINE 1,520,597 17-Jan-89
--------------------------------------------------------------------------------------------------
IV-1
Patents
-----------------------------------------------------------------------------------------------------------
Owner Patent Reg. No. Reg. Date
----- ------ -------- ---------
-----------------------------------------------------------------------------------------------------------
Applied Power Inc. Storing and Dispensing System 4,913,296 4/3/90
-----------------------------------------------------------------------------------------------------------
Applied Power Inc. Computer Console End D434,412 11/28/00
-----------------------------------------------------------------------------------------------------------
Applied Power Inc. Computer Console End D438,537 3/6/01
-----------------------------------------------------------------------------------------------------------
APW Ltd. Electronics Enclosure Improvements 09/567,549 Pending
-----------------------------------------------------------------------------------------------------------
APW Ltd. A Support Member for a Cabling and
Associated Equipment Enclosure 09/688,905 Pending
-----------------------------------------------------------------------------------------------------------
APW Ltd. Mounting Bracket 09/696,296 Pending
-----------------------------------------------------------------------------------------------------------
APW Ltd. System and method for bridging bus 6,356,966 3/12/02
segments on a backplane and coupling
single board
-----------------------------------------------------------------------------------------------------------
APW Ltd. Door Latching Mechanism 09/903,335 Pending
-----------------------------------------------------------------------------------------------------------
APW Ltd. Castor Assemblies 09/958,171 Pending
-----------------------------------------------------------------------------------------------------------
APW Ltd. Access Control Assemblies for Door 10/039,732 Pending
Locking Mechanisms
-----------------------------------------------------------------------------------------------------------
APW Ltd. Lock Assembly and a Method for 10/039,813 Pending
Operating a Lock Mechanism
-----------------------------------------------------------------------------------------------------------
APW Ltd. System and Method for Insertion and 60/350,415 Pending
Extraction of a Printed Circuit Board
Module
-----------------------------------------------------------------------------------------------------------
APW Ltd. Method for Improving Airflow in Subtract 60/349,814 Pending
Mechanics by Using a Hybrid Seal/Parallel
Fan Configuration
-----------------------------------------------------------------------------------------------------------
APW North America Inc. Improved Air-to-Air Heat Exchanger 09/366,079 Pending
-----------------------------------------------------------------------------------------------------------
Aspen Motion Technologies Low Cost Resolver System 6,084,376 7/4/00
Inc.
-----------------------------------------------------------------------------------------------------------
Aspen Motion Technologies Direct Drive Inside-Out Brushless Roller 09/700,447 Pending
Inc. Motor
-----------------------------------------------------------------------------------------------------------
Aspen Motion Technologies Method for Manufacturing a Rotor 60/245,631 Pending
Inc.
-----------------------------------------------------------------------------------------------------------
Aspen Motion Technologies Closed Loop Control of Motor 09/806,622 Pending
Inc. Position/Velocity
-----------------------------------------------------------------------------------------------------------
Aspen Motion Technologies Pressure Control System Using Input 09/806,364 Pending
Inc. Current Sensing
-----------------------------------------------------------------------------------------------------------
IV-2
-----------------------------------------------------------------------------------------------------------
Owner Patent Reg. No. Reg. Date
----- ------ -------- ---------
-----------------------------------------------------------------------------------------------------------
Aspen Motion Low Cost Redundant Resolver System 09/806,624 Pending
Technologies Inc.
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Cable Bushing 4,520,976 6/4/85
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Copy Holder 4,569,498 2/11/86
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Filing Container D285,098 8/12/86
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Sliding Printer Drawer for Attaching to a D288,504 3/3/87
Cabinet
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Stationary Storing and Dispensing System 4,684,027 8/4/87
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Shelf for Computer Keyboard or the Like D292,858 11/24/87
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Shelf for Computer Keyboard or the Like D293,055 12/8/87
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Computer Workstation D293,284 12/22/87
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Keyboard Support Drawer for Computer D293,530 1/5/88
Workstation
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Electronic Equipment Support Shelf D293,531 1/5/88
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Drawer with Reference Shelf D299,394 1/17/89
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Coding System 4,844,509 7/4/89
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Coding System 4,856,820 8/15/89
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Storing and Dispensing System 4,878,583 11/7/89
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. File Device Hanger Bar 5,224,608 7/6/93
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Modular Library System with Stationary 5,341,944 8/30/94
and Mobile Racks for Storage of Computer
Cartridges
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Shelf Support and Electrical Cable D363,701 10/31/95
Management Structure
-----------------------------------------------------------------------------------------------------------
Xxxxxx Line Inc. Distribution Duct for Work Space 5,881,500 3/16/99
Environment System
-----------------------------------------------------------------------------------------------------------
Zero Corporation Ejector for Printed Circuit Board Plug-In 4,603,375 7/29/86
Unit
-----------------------------------------------------------------------------------------------------------
Zero Corporation Retainer for Holding a Printed Circuit Card 4,823,951 4/25/89
Between Spaced Surfaces
-----------------------------------------------------------------------------------------------------------
Zero Corporation Printed Circuit Board Retainer Assembly 5,036,428 7/30/91
-----------------------------------------------------------------------------------------------------------
Zero Corporation Printed Circuit Board Retainer 5,290,122 3/1/94
-----------------------------------------------------------------------------------------------------------
Zero Corporation Locking Circuit Board Injector/Extractor 5,309,325 5/3/94
-----------------------------------------------------------------------------------------------------------
IV-3
-----------------------------------------------------------------------------------------------------------
Owner Patent Reg. No. Reg. Date
----- ------ -------- ---------
-----------------------------------------------------------------------------------------------------------
Zero Corporation Assembly for Receiving and Retaining a 5,404,274 4/4/95
Circuit Board Retainer
-----------------------------------------------------------------------------------------------------------
Zero Corporation Circuit Board Retainer Having a Spring 5,407,297 4/18/95
Body Member
-----------------------------------------------------------------------------------------------------------
Zero Corporation Retainer Assembly 5,485,353 1/16/96
-----------------------------------------------------------------------------------------------------------
Zero Corporation Camera Housing D392,300 3/17/98
-----------------------------------------------------------------------------------------------------------
Zero Corporation Method and Assembly for Manufacturing a 5,937,519 8/17/99
Convoluted Heat Exchanger Core
-----------------------------------------------------------------------------------------------------------
Zero Corporation Camera Housing 5,966,176 10/12/99
-----------------------------------------------------------------------------------------------------------
Zero Corporation Blower Wheel 6,024,543 2/15/00
-----------------------------------------------------------------------------------------------------------
IV-4
Copyrights
-------------------------------------------------------------------------------------------------------------
Owner Copyright Title Reg. No. Reg. Date
----- --------------- ------- ---------
-------------------------------------------------------------------------------------------------------------
Innovative Metal VERSA TRAX: ERGONOMIC APPROACHES TO WORKSTATION TX3481851 12/29/92
Fabrication, Inc. ENVIRONMENTS
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. OPTIMEDIA PRODUCT REVIEW NO. 96-29 TX4250435 5/30/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. TECH II ENCLOSURES: NO. 96-20 XX0000000 5/30/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. TECH ENCLOSURES: NO. 94-4 TX4250431 5/30/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. AIR ADDENDUM FUME HOODS: NO. 96-10 TX4250143 5/30/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. EE PRODUCT REVIEW: NO. 96-19 TX4250142 5/30/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. LMS II PRODUCT REVIEW: NO. 96-24 TX4250141 5/30/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. LAN LOCKER II PRODUCT REVIEW: NO. 96-23 TX4250140 5/30/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ADDENDUM PRODUCT REVIEW: NO. 96-33 TX4312224 8/20/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. EE ENGINEERING ENVIRONMENTS: FORM NO. 96-3 TX4178854 2/5/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MEDIALINX MODULAR FURNITURE SYSTEM: FORM NO. 96-1 TX4178843 2/5/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. LAN MANAGEMENT SYSTEMS: FORM NO. 95-31 TX4178842 2/5/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ADDENDUM LABORATORY SYSTEM: FORM NO. 96-2 XX0000000 2/5/96
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. LAN MANAGEMENT SYSTEM II TX3616788 2/2/95
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. OPTIMEDIA STORAGE SYSTEM TX3616787 2/2/95
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE TECHNICAL FURNITURE SOLUTIONS TX3608735 8/31/93
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. LAN MANAGEMENT SYSTEM TX3580848 6/15/93
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. SPACE SAVING FILING SOLUTIONS TX3508673 3/2/93
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. LINX MODULAR FURNITURE SYSTEM TX3508672 3/2/93
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. LINX COMMAND CONSOLE TX3508671 3/2/93
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MEGA RACK SYSTEM TX3508670 3/2/93
-------------------------------------------------------------------------------------------------------------
IV-5
-------------------------------------------------------------------------------------------------------------
Owner Copyright Title Reg. No. Reg. Date
----- --------------- ------- ---------
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. OPTIMEDIA CABINET SYSTEM TX3508669 3/2/93
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. TAPE CARTRIDGE MAGAZINE STORAGE SYSTEMS TX3383340 8/31/92
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE INC., ALL PRODUCTS CATALOG TX3385770 8/28/92
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. STOR TRACK MOBILE SYSTEMS TX3360159 7/21/92
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. CONSIDER THE POSSIBILITIES TX3243358 2/24/92
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE SEVEN STEPS TO SUCCESS TX2944355 11/21/90
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE DIRECT MAIL CATALOG XX0000000 10/12/90
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE COMPUTER SUPPORT FURNITURE TX2835748 5/25/90
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE AUTOSCAN: TAPE SCANNING TECHNOLOGY FOR TX2838501 6/5/90
FAST ACCURATE LIBRARY TRACKING OPERATIONS
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE TRI-CODE LABELS: DESIGNED FOR STORAGE TX2838500 6/5/90
TECHNOLOGY'S 4400 AUTOMATED CARTRIDGE SYSTEM
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE 3480 CONVERSION KIT TX2838499 6/5/90
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DATA CENTER INFORMATION SYSTEMS TX2815172 4/26/90
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. GENERAL OFFICE FILING SYSTEMS TX2815171 4/26/90
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE PRODUCT REFERENCE GUIDE XX0000000 4/26/90
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. GSA BROCHURE/CATALOG - XXXXXX LINE TX2592385 6/19/89
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE CASE STUDY: TX2579684 5/22/89
LARGE MANUFACTURER OF MEDICAL PRODUCTS
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. LINX WORKSTATION ORGANIZERS TX2574932 5/26/89
-------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. 3480 TAPE CARTRIDGE FILING SYSTEM TX2426418 10/12/88
-------------------------------------------------------------------------------------------------------------
IV-6
-----------------------------------------------------------------------------------------------------------------
Owner Copyright Title Reg. No. Reg. Date
----- --------------- ------- ---------
-----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DATABOX HIGH DENSITY OPEN FILING SYSTEM TX2424633 10/12/88
-----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. FROLIC RECORDS MANAGEMENT SOFTWARE TX2401033 8/17/88
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. INFORMATION: ONE OF YOUR MOST VALUABLE ASSETS TX2368148 5/2/88
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXXXX XXXXXXX XXXX XXXXX XX0000000 7/28/88
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. OPTIMEDIA II/DOCUMATE SPECIFICATION GUIDE XX0000000 4/30/88
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. CASE STUDY FOR A LARGE TEXAS INSURANCE COMPANY TX2311322 5/2/88
(FORM NO. 1-88-6)
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. WRIGHTLINE FILING PRODUCTS TX2187381 11/2/87
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DOCUMATE FILING DEVICES XX0000000 11/2/87
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. FILING PRODUCTS FOR DOCUMATE DEVICES TX2187379 11/2/87
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. WRIGHTLINE: A UNIT OF XXXXX XXXXXX: FOR YOUR TX2118470 7/22/87
INFORMATION
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. WRIGHTLINE: A UNIT OF XXXXX XXXXXX: FOR YOUR TX2118445 7/23/87
INFORMATION
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. NOW YOU CAN FILL YOUR MODULAR FURNITURE CONTRACT TX1978606 12/22/86
NEEDS THROUGH XXXXXX LINE
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DATABANK SAFES/XXXXXX LINE TX1978605 12/22/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ADP FURNITURE STORAGE AND TRANSPORTATION ITEMS: TX1909079 9/15/86
CONTRACT NO. GS OOF 76047
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. OPTIMEDIA II XXXXXX LINE TX1878993 7/31/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. INSULATED OFFICE FILES TX1862432 7/7/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ETS 1000 WORKSTATIONS TX1772106 2/10/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE SEATING TX1769474 3/11/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE PC WORK CENTER TX1758333 2/18/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE FILING PRODUCTS FOR CARTRIDGE SYSTEM TX1735575 1/08/86
TAPES
----------------------------------------------------------------------------------------------------------------
IV-7
--------------------------------------------------------------------------------------------------------------------
Owner Copyright Title Reg. No. Reg. Date
----- --------------- -------- ---------
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: GENERAL PRODUCTS CATALOG TX1725094 1/2/86
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. READY-TO-ASSEMBLE TERMINAL STANDS TX1690825 11/13/85
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. INTRODUCING A SUPERIOR SOLUTION FOR STORING IBM TX1650739 7/12/85
CARTRIDGE SYSTEM TAPES
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. THE XXXXXXXXX SYSTEM: THE ART OF ERGONOMICS TX1640362 8/21/85
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DOCUMATE FILING TX1613583 7/11/85
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE PC WORK CENTER TX1587034 5/17/85
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ARE YOUR CUSTOMERS OUTGROWING YOU? TX1578625 4/11/85
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. PC WORK CENTER: FOR PCS WITH NON-DETACHABLE TX1576811 5/13/85
KEYBOARDS/XXXXXX LINE
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. PUT THE HOOK ON COMPUTER CLUTTER TX1564851 4/22/85
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. OFFICE FILES TX1511847 2/4/85
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. HOW TO HOOK UP WITH COMPUTERIZED OFFICES TX1464005 11/15/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. EXPORT PRICE LIST TX1447445 10/26/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. UNCLUTTER YOURSELF TX1443203 10/15/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. OPTIMEDIA FILING AN INFOMEDIA SYSTEM CLOSE-UP TX1427435 9/12/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. PLANNING FOR THE PERSONAL COMPUTER IN TODAY'S TX1404556 8/9/84
OFFICE
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. EXPORT 1984 TX1382043 7/6/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. NO PC IS AN ISLAND TX1382042 7/6/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MEDIALINK OFFICE PRODUCTS: CATALOG TX1368693 6/4/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. SPECIAL! XX0000000 6/4/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. GSA CONTRACT SPECIALS INSIDE! TX1365394 7/11/84
--------------------------------------------------------------------------------------------------------------------
IV-8
--------------------------------------------------------------------------------------------------------------------
Owner Copyright Title Reg. No. Reg. Date
----- --------------- -------- ---------
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. STARTING FEBRUARY 1, BUY ANY DOCU-MATE DEVICE AND TX1287521 2/21/84
WE'LL GIVE YOU SOME PAPER TO FILE
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. PERSONAL COMPUTER WORK CENTER: AN INFOMEDIA SYSTEM XX0000000 2/21/84
CLOSE-UP
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MOBILE FILING: AN INFO MEDIA SYSTEM CLOSE UP TX1287519 2/21/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. THERE ARE BETTER WAYS TO CUSTOM TAILOR FILING FOR TX1287518 2/21/84
THE BANKING INDUSTRY
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MANAGING INFORMATION MEDIA IN THE AUTOMATED OFFICE TX1287446 2/21/84
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ESTABLISHING A SYSTEMS AND PROGRAMMING LIBRARY XX0000000 9/14/83
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ORGANIZING SYSTEMS AND PROGRAMMING WORKSTATIONS TX1187398 9/14/83
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. THE XXXXXX LINE INFO MEDIA SYSTEM TX1171227 8/15/83
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. INFORMATION PROCESSING WORKSTATIONS TX894967 4/26/82
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ETS 200 ERGONOMIC TERMINAL WORKSTATION TX884495 4/5/82
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ERGONOMICS: KEY TO EFFICIENT INTERFACE BETWEEN TX884216 4/5/82
PEOPLE AND VISUAL DISPLAY TERMINALS
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. PRODUCT REFERENCE GUIDE TX824194 12/28/81
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. WORD PROCESSING ACCESSORIES TX817891 12/11/81
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DATA-SITE TX699196 5/26/81
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. WORK STATIONS FOR KEYBOARD TERMINALS TX659363 3/25/81
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. THE COMPLETE CATALOG OF COMPUTER ACCESSORIES AND TX659352 3/25/81
SUPPLIES TO MEET YOUR EVERY NEED
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE DIRECT ORDER SERVICE TX627077 1/19/81
--------------------------------------------------------------------------------------------------------------------
IV-9
--------------------------------------------------------------------------------------------------------------------
Owner Copyright Title Reg. No. Reg. Date
----- --------------- -------- ---------
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. PRODUCT REFERENCE GUIDE TX621556 2/2/81
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. HERE'S A SENSIBLE APPROACH TO COMPUTER PRINTOUT TX529504 8/18/80
BINDING AND FILING
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. FILING SYSTEMS FOR DATA PROCESSING DOCUMENTS, TX529503 8/18/80
RECORDS AND OUTPUT RECORDS
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. ORGANIZING AND CONTROLLING D.P. DOCUMENTATION: A TX517544 7/28/80
STRUCTURED FILING APPROACH
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE CATALOGUE TX351718 10/24/79
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. PRODUCT REFERENCE GUIDE TX350457 10/23/79
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE TX348889 10/22/79
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE CATALOG TX235702 4/30/79
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE CATALOG TX234126 4/27/79
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE CATALOG TX234125 4/27/79
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE TX87479 8/11/78
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE TX87476 8/11/78
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE DIRECT ORDER SERVICE TX83955 8/7/78
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MEDICON SYSTEM OPERATION MANUAL TX48259 6/2/78
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE DIRECT ORDER SERVICE TX17518 4/11/78
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MEDICON: PRACTICE MANAGEMENT SYSTEM FOR THE PA43980 3/12/79
MEDICAL PROFESSION
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MEDICON: PRACTICE MANAGEMENT SYSTEM FOR THE PA24453 7/28/78
MEDICAL PROFESSION
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. MEDICON: PRACTICE MANAGEMENT SYSTEM FOR PA9244 7/28/78
VETERINARIANS
--------------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE, INC. A UNIT OF XXXXX XXXXXX FOR YOUR TX2200326 11/2/87
INFORMATION ...
--------------------------------------------------------------------------------------------------------------------
IV-10
----------------------------------------------------------------------------------------------------------------
Owner Copyright Title Reg. No. Reg. Date
----- --------------- -------- ---------
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE, A UNIT OF XXXXX XXXXXX, FOR YOUR XX0000000 8/31/87
INFORMATION: PRICE LIST
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE, A UNIT OF XXXXX XXXXXX, AUTHORIZED TX2187378 11/2/87
FEDERAL SUPPLY SCHEDULE PRICE LIST
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. THE XXXXXX LINE INFOMEDIA SYSTEM PRICE LIST TX1447649 9/12/84
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX2751962 2/16/90
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG XX0000000 12/12/88
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG XX0000000 6/5/89
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX2263530 2/29/88
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX2186211 11/2/87
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1833297 2/24/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1763754 2/29/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1790869 3/31/86
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1640361 8/21/85
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1576812 5/13/85
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1580154 5/17/85
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1347872 5/21/84
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1287517 2/21/84
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX1338714 5/9/84
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: A UNIT OF XXXXX XXXXXX CORP.: CATALOG TX1223105 11/7/83
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: CATALOG TX915056 6/1/82
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. XXXXXX LINE: SPECIAL PRICES GOOD THROUGH ... TX817890 12/11/81
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. THE COMPLETE CATALOG OF COMPUTER TX877575 2/23/82
ACCESSORIES/XXXXXX LINE
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. THE COMPLETE CATALOG OF COMPUTER TX733574 7/21/81
ACCESSORIES/XXXXXX LINE
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE: CATALOG TX520715 8/4/80
----------------------------------------------------------------------------------------------------------------
IV-11
----------------------------------------------------------------------------------------------------------------
Owner Copyright Title Reg. No. Reg. Date
----- --------------- -------- ---------
----------------------------------------------------------------------------------------------------------------
Xxxxxx Line, Inc. DIRECT ORDER SERVICE: CATALOG TX520717 8/4/80
----------------------------------------------------------------------------------------------------------------
IV-12
SCHEDULE V
----------
Collateral Not Located in the United States
--------------------------------------------------------------------------------
Debtor Collateral Location
------ -------------------
--------------------------------------------------------------------------------
APW-Erie, Inc. Express Cargo Forwarding
West Avenue
The Phoenix
Paisley PAI-2FB
Scotland
--------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. Magnet Applications
Xxxxxxxxxxx Xxxx
Xxxxxxxxxxx, Xxxxxxx XX0 0XX
--------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. Xxxxxx
Bommasandara
Xxxxxxxxx, Xxxxx 00X-000
--------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. Weames Precision
Xxx-0 Xx-xxx Xxxxxxxx
Xxxxxxxx, Xxxxxxxx
--------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. Modern Metal Ind.
00-00 Xxx Xxx Xxx Xxxx
Xxxx Xxxxx, Xxxx Xxxx
--------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. Precision
3F-Z 292 Min Sheg Road
Taiwan, ROC
--------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. Fishercast
X.X. Xxx 000
Xxxxxxxxxxxxx, Xxxxxxx Xxxxxx
--------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. BCL Magnetics
0000 Xxxxx Xxxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxx X0X 0X0
--------------------------------------------------------------------------------
Aspen Motion Technologies, Inc. ATS
000 Xxxxx Xxx Xxxx
Xxxxxxxxx, Xxxxxxx, Xxxxxx X0X 0X0
--------------------------------------------------------------------------------
V-1
