EX-2.7.2 81 a272trademarksecurityagree.htm EXHIBIT 2.7.2 Exhibit



TRADEMARK SECURITY AGREEMENT dated as of September 1, 2010 (this “Agreement”), among the grantors listed on Schedule I hereto (the “U.S. Grantors”) and The Bank of New York Mellon, as collateral agent (in such capacity, the “Collateral Agent”).
Reference is made to (a) the Collateral Agreement dated as of November 5, 2009 (as amended, restructured, renewed, novated, supplemented, restated, replaced or otherwise modified from time to time, the “Collateral Agreement”), among Reynolds Group Holdings Inc. (“RGHI”), Reynolds Consumer Products Holdings Inc. (the “U.S. Term Borrower” and, together with RGHI, the “U.S. Term Borrowers”), Closure Systems International Holdings Inc. (together with the U.S. Term Borrowers, the “Borrowers”), Reynolds Group Issuer LLC (the “U.S. Issuer”), Reynolds Group Issuer Inc. (the “U.S. Co-Issuer” and, together with the U.S. Issuer, the “Issuers”), the Subsidiaries of Reynolds Group Holdings Limited (“Holdings”) from time to time party thereto and the Collateral Agent, (b) the Credit Agreement dated as of November 5, 2009 as amended by Amendment No. 1 dated as of January 1, 2010, and as amended by Amendment No. 2 and Incremental Term Loan Assumption Agreement dated as of May 4, 2010 (as further amended, extended, restructured, renewed, novated, supplemented, restated, refunded, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrowers, the European Borrowers (as defined therein), Holdings, the lenders from time to time party thereto (the “Lenders”) and Credit Suisse AG (formerly known as Credit Suisse), as administrative agent, and (c) the Indenture dated as of November 5, 2009 (as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or otherwise modified from time to time, the “Senior Secured Note Indenture”), among the Issuers, Reynolds Group Issuer (Luxembourg) S.A., the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar. The Lenders have agreed to extend credit to the Borrowers pursuant to, and upon the terms and conditions specified in, the Credit Agreement. The Senior Secured Note Holders have agreed to extend credit to the Issuers pursuant to, and upon the terms and conditions specified in, the Senior Note Indenture. The parties hereto agree as follows:
SECTION 1. Terms. Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified pursuant to the Collateral Agreement. The rules of construction specified in Section 1.01(b) of the Collateral Agreement also apply to this Agreement.
SECTION 2. Grant of Security Interest. Each U.S. Grantor hereby assigns and pledges to the Collateral Agent, its successors and permitted assigns, for the ratable benefit of the Secured Parties, and hereby grants to the Collateral Agent, its successors and permitted assigns, for the ratable benefit of the Secured Parties, a Security Interest in all of such U.S. Grantor’s right, title or interest in, to and under all of the Trademarks of such U.S. Grantor (including those listed on Schedule II hereto) now owned or at any time hereafter acquired by such U.S. Grantor or in which such U.S. Grantor now has or at any time in the future may acquire any right, title or interest as security for the payment or performance, as the case may be, in full of the Obligations.

23257609v1

2

SECTION 3. Purpose. This Agreement has been executed and delivered by the parties hereto for the purpose of recording the grant of the Security Interest with the United States Patent and Trademark Office. This Agreement is expressly subject to the terms and conditions set forth in the Collateral Agreement.
SECTION 4. Collateral Agreement. The U.S. Grantors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to the Trademarks are more fully set forth in the Collateral Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein. In the event of any conflict between the terms of this Agreement and the Collateral Agreement, the terms of the Collateral Agreement shall govern.
SECTION 5. Counterparts. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile transmission or other customary means of electronic transmission shall be effective as delivery of a manually signed counterpart of this Agreement.

[Remainder of this page intentionally left blank]


23257609v1



IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first above written.
REYNOLDS PACKAGING LLC
By
 
 
 
Name: Helen Golding
 
Title: Assistant Secretary


REYNOLDS FOOD PACKAGING LLC
By
 
 
 
Name: Helen Golding
 
Title: Assistant Secretary


ULTRA PAC, INC.
By
 
 
 
Name: Helen Golding
 
Title: Assistant Secretary



[Signature Page to Trademark Security Agreement]
23257609v1




THE BANK OF NEW YORK MELLON, as Collateral Agent
By
 
 
 
Name: Catherine F. Donohue
 
Title: Vice President




[Signature Page to Trademark Security Agreement]
23257609v1



Schedule I
U.S. Grantors
Reynolds Packaging LLC
Reynolds Food Packaging LLC
Ultra Pac, Inc.


23257609v1



Schedule II
Trademarks

REYNOLDS PACKAGING LLC
U.S. Trademark Registrations
Mark
Reg. Date
Reg. No.
COLD FORM
1-Nov-05
3,012,335
DRUG-PAK
9-Jan-01
2,419,278
DUOSEAL
18-Jan-94
1,816,644
HSM
27-Aug-68
855,584
INTEGRIPEL
11-May-04
2,841,596
PHARMA-POUCH
11-Aug-00
2,341,615
POUCH EXPRESS
19-Jul-05
2,973,949
REYSHIELD
12-May-98
2,157,658
SAFETY-PAK
21-Nov-00
2,406,304
SM
10-Dec-68
861,697
SMART-PEEL
15-Dec-09
3,725,956
SURE-PEEL
22-Jan-08
3,373,927
COMBO-PAK
8-Jun-82
1,197,314
CATER-TIME
1-Nov-88
1,510,995
CATER-TIME
11-Oct-88
1,507,800
CUTTER GARD
22-Oct-96
2,011,004
STAY PUT STRIP
22-Apr-97
2,055,323
MICRO SMART
10-Mar-09
3,589,023
REFLECTIONS
13-Nov-07
3,335,974
REFLECTIONS EASY LOCK
13-Mar-07
3,218,654
REYNOWAVE
7-Nov-00
2,402,623
PLASTERRA
15-Dec-09
3,725,957
DEL-PAK
7-Nov-89
1,564,584
INVERTIBLES
8-Dec-09
3,723,182

U.S. Trademark Applications
Mark
Filing Date
Application No.
REYNOLON PLUS
6-Dec-07
77/345,996
BUTCHER’S CHOICE
13-Jun-08
77/498,747
CATER-TIME
5-Aug-09
77/797,932
GROWER’S SELECT
13-Jun-08
77/498,754
BAKER’S BEST
13-Jun-08
77/498,744
REYFLEX
23-Aug-10
85/113803


23257609v1



REYNOLDS FOOD PACKAGING LLC
U.S. Trademark Registrations
Mark
Reg. Date
Reg. No.
FLIP N’ STACK
17-Mar-09
3,592,216
TAKEAWAY GOURMET
10-Mar-09
3,588,446


U.S. Trademark Applications
Mark
Filing Date
Application No.
TERRASMART
27-Nov-07
77/337,642

23257609v1



ULTRA PAC, INC.\
U.S. Trademark Registrations
Mark
Reg. Date
Reg. No.
ULTRA PAC
2-Dec-97
2,117,754
ULTRA PAC
31-Aug-99
2,273,796
CHICKEN COUPE
13-Oct-98
2,196,677
ULTRALITE BAKEABLES
26-Sep-95
1,922,089
PETEWICH
14-Feb-95
1,878,674
SNACK CLAM
14-Jun-94
1,839,975
SHO-BOWLS
17-Dec-91
1,668,553


23257609v1