EX-10.46 7 d80239ex10-46.txt SECURITY AGREEMENT 1 EXHIBIT 10.46 EXECUTION COPY SECURITY AGREEMENT dated as of August 8, 2000, among FLOWSERVE CORPORATION, a New York corporation (the "Borrower"), each Subsidiary of the Borrower listed on Schedule I hereto (each such Subsidiary individually a "Guarantor" and collectively, the "Guarantors"; the Guarantors and the Borrower are referred to collectively herein as the "Grantors") and BANK OF AMERICA, N.A., a national banking association ("BofA"), as collateral agent (in such capacity, the "Collateral Agent") for the Secured Parties (as defined herein). Reference is made to (a) the Credit Agreement dated as of August 8, 2000 (as amended, supplemented or otherwise modified from time to time, the "Credit Agreement"), among the Borrower, the lenders from time to time party thereto (the "Lenders"), Credit Suisse First Boston, as syndication agent, and BofA, as swingline lender, administrative agent and Collateral Agent and (b) the Guarantee Agreement dated as of August 8, 2000 (as amended, supplemented or otherwise modified from time to time, the "Guarantee Agreement"), among the Guarantors and the Collateral Agent. The Lenders have agreed to make Loans to the Borrower, and the Issuing Banks have agreed to issue Letters of Credit for the account of the Borrower, pursuant to, and upon the terms and subject to the conditions specified in, the Credit Agreement. Each of the Guarantors has agreed to guarantee, among other things, all the obligations of the Borrower under the Credit Agreement. The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit are conditioned upon, among other things, the execution and delivery by the Grantors of an agreement in the form hereof to secure (a) the due and punctual payment by the Borrower of (i) the principal of and premium, if any, and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under the Credit Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon and obligations to provide cash collateral and (iii) all other monetary obligations, including fees, costs, expenses and indemnities, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), of the Borrower to the Secured Parties under the Credit Agreement and the other Loan Documents, (b) the due and punctual performance of all covenants, agreements, obligations and liabilities of the Borrower under or pursuant to the Credit Agreement and the other Loan Documents, (c) the due and punctual payment and performance of all the covenants, agreements, obligations and liabilities of each Loan Party under or pursuant to this Agreement and the other Loan Documents, (d) the due and punctual payment and performance of all obligations of the Borrower under each Hedging Agreement entered into with any counterparty that was a Lender (or an Affiliate of a Lender) at the time such Hedging Agreement was entered into, (e) the due and punctual payment and performance of all obligations of the Borrower and the Guarantors pursuant to the ABN Standby Credit not incurred in violation of the Credit Agreement, and (f) each payment required to be made by the Borrower or any Guarantor in respect of any Fifth Third Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements and interest thereon (all the monetary and other obligations described in the preceding clauses (a) through (f) being collectively referred to as the "Obligations"). 2 2 Accordingly, the Grantors and the Collateral Agent, on behalf of itself and each Secured Party (and each of their respective successors or assigns), hereby agree as follows: ARTICLE I Definitions SECTION 1.01. Definition of Terms Used Herein. Unless the context otherwise requires, all capitalized terms used but not defined herein shall have the meanings set forth in the Credit Agreement and all references to the Uniform Commercial Code shall mean the Uniform Commercial Code in effect in the State of New York on the date hereof. SECTION 1.02. Definition of Certain Terms Used Herein. As used herein, the following terms shall have the following meanings: "Account Debtor" shall mean any person who is or who may become obligated to any Grantor under, with respect to or on account of an Account. "Accounts" shall mean any and all right, title and interest of any Grantor to payment for goods and services sold or leased, including any such right evidenced by chattel paper, whether due or to become due, whether or not it has been earned by performance, and whether now or hereafter acquired or arising in the future, including accounts receivable from Affiliates of the Grantors. "Accounts Receivable" shall mean all Accounts and all right, title and interest in any returned goods, together with all rights, titles, securities and guarantees with respect thereto, including any rights to stoppage in transit, replevin, reclamation and resales, and all related security interests, liens and pledges, whether voluntary or involuntary, in each case whether now existing or owned or hereafter arising or acquired. "Chattel Paper" shall mean (a) a writing or writings which evidence both a monetary obligation and a security interest in or a lease of specific Equipment and (b) all other property now or hereafter constituting "chattel paper" under the Uniform Commercial Code as in effect in the State of New York or its equivalent in other jurisdictions, in each case that are now or hereafter owned by any Grantor. "Collateral" shall mean all (a) Accounts Receivable, (b) Documents, (c) Chattel Paper, (d) Equipment, (e) General Intangibles, (f) Inventory, (g) cash and cash accounts, (h) Investment Property and (i) Proceeds, except any Equipment that is subject to a purchase money lien permitted under the Credit Agreement in favor of any person (other than the Collateral Agent) if the documents relating to such lien do not permit other liens. "Commodity Account" shall mean an account maintained by a Commodity Intermediary in which a Commodity Contract is carried out for a Commodity Customer. "Commodity Contract" shall mean a commodity futures contract, an option on a commodity futures contract, a commodity option or any other contract that, in each case, is (a) traded on or subject to the rules of a board of trade that has been designated as a contract market for such a contract pursuant to the federal commodities laws or (b) traded on a foreign 3 3 commodity board of trade, exchange or market, and is carried on the books of a Commodity Intermediary for a Commodity Customer. "Commodity Customer" shall mean a person for whom a Commodity Intermediary carries a Commodity Contract on its books. "Commodity Intermediary" shall mean (a) a person who is registered as a futures commission merchant under the federal commodities laws or (b) a person who in the ordinary course of its business provides clearance or settlement services for a board of trade that has been designated as a contract market pursuant to federal commodities laws. "Copyright License" shall mean any written agreement, now or hereafter in effect, granting any right to any third party under any Copyright now or hereafter owned by any Grantor or which such Grantor otherwise has the right to license, or granting any right to such Grantor under any copyright now or hereafter owned by any third party, and all rights of such Grantor under any such agreement. "Copyrights" shall mean all of the following now owned or hereafter acquired by any Grantor: (a) all copyright rights in any work subject to the copyright laws of the United States or any other country, whether as author, assignee, transferee or otherwise, and (b) all registrations and applications for registration of any such copyright in the United States or any other country, including registrations, recordings, supplemental registrations and pending applications for registration in the United States Copyright Office, including those listed on Schedule II. "Credit Agreement" shall have the meaning assigned to such term in the preliminary statement of this Agreement. "Documents" shall mean all instruments, files, records, ledger sheets and documents covering or relating to any of the Collateral. "Entitlement Holder" shall mean a person identified in the records of a Securities Intermediary as the person having a Security Entitlement against the Securities Intermediary. If a person acquires a Security Entitlement by virtue of Section 8-501(b)(2) or (3) of the Uniform Commercial Code, such person is the Entitlement Holder. "Equipment" shall mean all equipment, furniture and furnishings, and all tangible personal property similar to any of the foregoing, including tools, parts and supplies of every kind and description, and all improvements, accessions or appurtenances thereto, that are now or hereafter owned by any Grantor. The term Equipment shall include Fixtures. "Equity Interest" shall mean shares of capital stock, partnership interests, membership interests in a limited liability company or beneficial interests in a trust or other equity ownership interests in a person. "Financial Asset" shall mean (a) a Security, (b) an obligation of a person or a share, participation or other interest in a person or in property or an enterprise of a person, which is, or is of a type, dealt with in or traded on financial markets, or which is recognized in any area in which it is issued or dealt in as a medium for investment or (c) any property that is held by a Securities Intermediary for another person in a Securities Account if the Securities Intermediary has expressly agreed with the other person that the property is to be treated as 4 4 a Financial Asset under Article 8 of the Uniform Commercial Code. As the context requires, the term Financial Asset shall mean either the interest itself or the means by which a person's claim to it is evidenced, including a certificated or uncertificated Security, a certificate representing a Security or a Security Entitlement. "Fixtures" shall mean all items of Equipment, whether now owned or hereafter acquired, of any Grantor that become so related to particular real estate that an interest in them arises under any real estate law applicable thereto. "General Intangibles" shall mean all choses in action and causes of action and all other assignable intangible personal property of any Grantor of every kind and nature (other than Accounts Receivable) now owned or hereafter acquired by any Grantor, including all rights and interests in partnerships, limited partnerships, limited liability companies and other unincorporated entities, corporate or other business records, indemnification claims, contract rights (including rights under leases, whether entered into as lessor or lessee, Hedging Agreements and other agreements), Intellectual Property, goodwill, registrations, franchises, tax refund claims and any letter of credit, guarantee, claim, security interest or other security held by or granted to any Grantor to secure payment by an Account Debtor of any of the Accounts Receivable. "Hedging Agreement" shall mean any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement. "Intellectual Property" shall mean all intellectual and similar property of any Grantor of every kind and nature now owned or hereafter acquired by any Grantor, including inventions, designs, Patents, Copyrights, Licenses, Trademarks, trade secrets, confidential or proprietary technical and business information, know-how, show-how or other data or information, software and databases and all embodiments or fixations thereof and related documentation, registrations and franchises, and all additions, improvements and accessions to, and books and records describing or used in connection with, any of the foregoing. "Inventory" shall mean all goods of any Grantor, whether now owned or hereafter acquired, held for sale or lease, or furnished or to be furnished by any Grantor under contracts of service, or consumed in any Grantor's business, including raw materials, intermediates, work in process, packaging materials, finished goods, semi-finished inventory, scrap inventory, manufacturing supplies and spare parts, and all such goods that have been returned to or repossessed by or on behalf of any Grantor. "Investment Property" shall mean all Securities (whether certificated or uncertificated), Security Entitlements, Securities Accounts, Commodity Contracts, Commodity Accounts and Equity Interests of any Grantor, whether now owned or hereafter acquired by any Grantor. "License" shall mean any Patent License, Trademark License, Copyright License or other license or sublicense to which any Grantor is a party, including those listed on Schedule III (other than those license agreements in existence on the date hereof and listed on Schedule III and those license agreements entered into after the date hereof, which by their terms prohibit (whether through automatic termination, the requirement of consent or otherwise) assignment or a grant of a security interest by such Grantor as licensee thereunder). 5 5 "Obligations" shall have the meaning assigned to such term in the preliminary statement of this Agreement. "Patent License" shall mean any written agreement, now or hereafter in effect, granting to any third party any right to make, use or sell any invention on which a Patent, now or hereafter owned by any Grantor or which any Grantor otherwise has the right to license, is in existence, or granting to any Grantor any right to make, use or sell any invention on which a patent, now or hereafter owned by any third party, is in existence, and all rights of any Grantor under any such agreement. "Patents" shall mean all of the following now owned or hereafter acquired by any Grantor: (a) all letters patent of the United States or any other country, all registrations and recordings thereof, and all applications for letters patent of the United States or any other country, including registrations, recordings and pending applications in the United States Patent and Trademark Office or any similar offices in any other country, including those listed on Schedule IV, and (b) all reissues, continuations, divisions, continuations-in-part, renewals or extensions thereof, and the inventions disclosed or claimed therein, including the right to exclude others from making, using and/or selling the inventions disclosed or claimed therein. "Perfection Certificate" shall mean a certificate substantially in the form of Annex 1 hereto, completed and supplemented with the schedules and attachments contemplated thereby, and duly executed by a Financial Officer of or legal counsel for the Borrower. "Proceeds" shall mean any consideration received from the sale, exchange, license, lease or other disposition of any asset or property that constitutes Collateral, any value received as a consequence of the possession of any Collateral and any payment received from any insurer or other person or entity as a result of the destruction, loss, theft, damage or other involuntary conversion of whatever nature of any asset or property which constitutes Collateral, and shall include, (a) any claim of any Grantor against any third party for (and the right to sue and recover for and the rights to damages or profits due or accrued arising out of or in connection with) (i) past, present or future infringement of any Patent now or hereafter owned by any Grantor, or licensed under a Patent License, (ii) past, present or future infringement or dilution of any Trademark now or hereafter owned by any Grantor or licensed under a Trademark License or injury to the goodwill associated with or symbolized by any Trademark now or hereafter owned by any Grantor, (iii) past, present or future breach of any License and (iv) past, present or future infringement of any Copyright now or hereafter owned by any Grantor or licensed under a Copyright License and (b) any and all other amounts from time to time paid or payable under or in connection with any of the Collateral. "Secured Parties" shall mean (a) the Lenders, (b) the Administrative Agent, (c) the Collateral Agent, (d) the Issuing Banks, (e) each counterparty to a Hedging Agreement entered into with the Borrower if such counterparty was a Lender (or an Affiliate of a Lender) at the time the Hedging Agreement was entered into, (f) the beneficiaries of each indemnification obligation undertaken by any Grantor under any Loan Document, (g) in respect of the ABN Standby Credit, ABN Amro Bank N.V. and its Affiliates, (h) in respect of the Fifth Third Letters of Credit, Fifth Third Bancorp and its subsidiaries and (i) the successors and assigns of each of the foregoing. 6 6 "Securities" shall mean any obligations of an issuer or any shares, participations or other interests in an issuer or in property or an enterprise of an issuer which (a) are represented by a certificate representing a security in bearer or registered form, or the transfer of which may be registered upon books maintained for that purpose by or on behalf of the issuer, (b) are one of a class or series or by its terms is divisible into a class or series of shares, participations, interests or obligations and (c) (i) are, or are of a type, dealt with or traded on securities exchanges or securities markets or (ii) are a medium for investment and by their terms expressly provide that they are a security governed by Article 8 of the Uniform Commercial Code, provided that "Securities" shall not include more than 65% of the voting equity interests of any non-United States issuer. "Securities Account" shall mean an account to which a Financial Asset is or may be credited in accordance with an agreement under which the person maintaining the account undertakes to treat the person for whom the account is maintained as entitled to exercise rights that comprise the Financial Asset. "Securities Intermediary" shall mean (a) a clearing corporation or (b) a person, including a bank or broker, that in the ordinary course of its business maintains Securities Accounts for others and is acting in that capacity. "Security Entitlements" shall mean the rights and property interests of an Entitlement Holder with respect to a Financial Asset. "Security Interest" shall have the meaning assigned to such term in Section 2.01. "Trademark License" shall mean any written agreement, now or hereafter in effect, granting to any third party any right to use any Trademark now or hereafter owned by any Grantor or which any Grantor otherwise has the right to license, or granting to any Grantor any right to use any trademark now or hereafter owned by any third party, and all rights of any Grantor under any such agreement. "Trademarks" shall mean all of the following now owned or hereafter acquired by any Grantor: (a) all trademarks, service marks, trade names, corporate names, company names, business names, fictitious business names, trade styles, trade dress, logos, other source or business identifiers, designs and general intangibles of like nature, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all registration and recording applications filed in connection therewith, including registrations and registration applications (but excluding any United States intent-to-use applications prior to the filing and acceptance of a Statement of Use or an Amendment to allege use in connection therewith to the extent a valid security interest may not be taken in such an intent-to-use application under applicable law) in the United States Patent and Trademark Office, any State of the United States or any similar offices in any other country or any political subdivision thereof, and all extensions or renewals thereof, including those listed on Schedule V, (b) all goodwill associated therewith or symbolized thereby and (c) all other assets, rights and interests that uniquely reflect or embody such goodwill. SECTION 1.03. Rules of Interpretation. The rules of interpretation specified in Section 1.02 of the Credit Agreement shall be applicable to this Agreement. 7 7 ARTICLE II Security Interest SECTION 2.01. Security Interest. As security for the payment or performance, as the case may be, in full of the Obligations, and any extensions, renewals, modifications or refinancings of the Obligations, each Grantor hereby bargains, sells, conveys, assigns, sets over, mortgages, pledges, hypothecates and transfers to the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, and hereby grants to the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, a security interest in, all of such Grantor's right, title and interest in, to and under the Collateral (the "Security Interest"). Without limiting the foregoing, the Collateral Agent is hereby authorized to file one or more financing statements (including fixture filings), continuation statements, filings with the United States Patent and Trademark Office or United States Copyright Office (or any successor office or any similar office in any other country) or other documents for the purpose of perfecting, confirming, continuing, enforcing or protecting the Security Interest granted by each Grantor, without the signature of any Grantor, and naming any Grantor or the Grantors as debtors and the Collateral Agent as secured party. SECTION 2.02. No Assumption of Liability. The Security Interest is granted as security only and shall not subject the Collateral Agent or any other Secured Party to, or in any way alter or modify, any obligation or liability of any Grantor with respect to or arising out of the Collateral. ARTICLE III Representations and Warranties The Grantors jointly and severally represent and warrant to the Collateral Agent and the Secured Parties that: SECTION 3.01. Title and Authority. Each Grantor has good and valid rights in and title to the Collateral with respect to which it has purported to grant a Security Interest hereunder and has full power and authority to grant to the Collateral Agent the Security Interest in such Collateral pursuant hereto and to execute, deliver and perform its obligations in accordance with the terms of this Agreement, without the consent or approval of any other person other than any consent or approval which has been obtained. SECTION 3.02. Filings. (a) The Perfection Certificate has been duly prepared, completed and executed and the information set forth therein is correct and complete in all material respects. Fully executed Uniform Commercial Code financing statements (including fixture filings, as applicable) or other appropriate filings, recordings or registrations containing a description of the Collateral have been delivered to the Collateral Agent for filing in each governmental, municipal or other office specified in Schedule 6 to the Perfection Certificate, which are all the filings, recordings and registrations (other than filings required to be made in the United States Patent and Trademark Office and the United States Copyright Office in order to perfect the Security Interest in Collateral consisting of United States Patents, Trademarks and Copyrights) that are necessary to publish notice of and protect the validity of and to establish a legal, valid and perfected security interest in favor of the Collateral Agent (for the ratable benefit of the Secured Parties) in respect of all 8 8 Collateral in which the Security Interest may be perfected by filing, recording or registration in the United States (or any political subdivision thereof) and its territories and possessions, and no further or subsequent filing, refiling, recording, rerecording, registration or reregistration is necessary in any such jurisdiction, except as provided under applicable law with respect to the filing of continuation statements or with respect to the filing of amendments or new filings to reflect the change of any Grantor's name, location, identity or corporate structure. (b) Each Grantor represents and warrants that fully executed security agreements in the form hereof and containing a description of all Collateral consisting of Intellectual Property with respect to United States Patents and United States registered Trademarks (and Trademarks for which United States registration applications (other than any United States intent-to-use applications prior to the filing and acceptance of a Statement of Use or an Amendment to allege use in connection therewith) are pending) and United States registered Copyrights have been delivered to the Collateral Agent for recording by the United States Patent and Trademark Office and the United States Copyright Office pursuant to 35 U.S.C. Section 261, 15 U.S.C. Section 1060 or 17 U.S.C. Section 205 and the regulations thereunder, as applicable, and otherwise as may be required pursuant to the laws of any other necessary jurisdiction, to protect the validity of and to establish a legal, valid and perfected security interest in favor of the Collateral Agent (for the ratable benefit of the Secured Parties) in respect of all Collateral consisting of Patents, Trademarks and Copyrights in which a security interest may be perfected by filing, recording or registration in the United States (or any political subdivision thereof) and its territories and possessions, or in any other necessary jurisdiction, and no further or subsequent filing, refiling, recording, rerecording, registration or reregistration is necessary (other than such actions as are necessary to perfect the Security Interest with respect to any Collateral consisting of Patents, Trademarks and Copyrights (or registration or application for registration thereof) acquired or developed after the date hereof). SECTION 3.03. Validity of Security Interest. The Security Interest constitutes (a) a legal and valid security interest in all the Collateral securing the payment and performance of the Obligations, (b) subject to the filings described in Section 3.02 above, a perfected security interest in all Collateral in which a security interest may be perfected by filing, recording or registering a financing statement or analogous document in the United States (or any political subdivision thereof) and its territories and possessions pursuant to the Uniform Commercial Code or other applicable law in such jurisdictions and (c) a security interest that shall be perfected in all Collateral in which a security interest may be perfected upon the receipt and recording of this Agreement with the United States Patent and Trademark Office and the United States Copyright Office, as applicable and otherwise as may be required pursuant to the laws of any other necessary jurisdiction. The Security Interest is and shall be prior to any other Lien on any of the Collateral, other than Liens expressly permitted to be prior to the Security Interest pursuant to Section 6.02 of the Credit Agreement. SECTION 3.04. Absence of Other Liens. The Collateral is owned by the Grantors free and clear of any Lien, except for Liens expressly permitted pursuant to Section 6.02 of the Credit Agreement. Grantor has not filed or consented to the filing of (a) any financing statement or analogous document under the Uniform Commercial Code or any other applicable laws covering any Collateral, (b) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral with the United States Patent and Trademark Office or the United States Copyright Office or (c) any assignment in which any Grantor assigns any Collateral or any security agreement or similar 9 9 instrument covering any Collateral with any foreign governmental, municipal or other office, which financing statement or analogous document, assignment, security agreement or similar instrument is still in effect, except, in each case, for Liens expressly permitted pursuant to Section 6.02 of the Credit Agreement. ARTICLE IV Covenants SECTION 4.01. Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly to notify the Collateral Agent in writing of any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate structure or (iv) in its Federal Taxpayer Identification Number. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral. Each Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. (b) Each Grantor agrees to maintain, at its own cost and expense, such complete and accurate records with respect to the Collateral owned by it as is consistent with its current practices and in accordance with such prudent and standard practices used in industries that are the same as or similar to those in which such Grantor is engaged, but in any event to include complete accounting records indicating all payments and proceeds received with respect to any part of the Collateral, and, at such time or times as the Collateral Agent may reasonably request, promptly to prepare and deliver to the Collateral Agent a duly certified schedule or schedules in form and detail satisfactory to the Collateral Agent showing the identity, amount and location of any and all Collateral. SECTION 4.02. Periodic Certification. Each year, at the time of delivery of annual financial statements with respect to the preceding fiscal year pursuant to Section 5.04 of the Credit Agreement, the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer of or legal counsel for the Borrower (a) setting forth the information required pursuant to Section 2 of the Perfection Certificate or confirming that there has been no change in such information since the date of such certificate or the date of the most recent certificate delivered pursuant to this Section 4.02 and (b) certifying that all Uniform Commercial Code financing statements (including fixture filings, as applicable) or other appropriate filings, recordings or registrations, including all refilings, rerecordings and reregistrations, containing a description of the Collateral have been filed of record in each governmental, municipal or other appropriate office in each jurisdiction identified pursuant to clause (a) above to the extent necessary to protect and perfect the Security Interest for a period of not less than 18 months after the date of such certificate (except as noted therein with respect to any continuation statements to be filed within such period). Each certificate delivered pursuant to this Section 4.02 shall identify in the format of Schedule II, III, IV or V, as applicable, all Intellectual Property of any Grantor material to the conduct of any 10 10 Grantor's business in existence on the date thereof and not then listed on such Schedules or previously so identified to the Collateral Agent. SECTION 4.03. Protection of Security. Each Grantor shall, at its own cost and expense, take any and all actions necessary to defend title to the Collateral against all persons and to defend the Security Interest of the Collateral Agent in the Collateral and the priority thereof against any Lien not expressly permitted pursuant to Section 6.02 of the Credit Agreement. SECTION 4.04. Further Assurances. Each Grantor agrees, at its own expense, to execute, acknowledge, deliver and cause to be duly filed all such further instruments and documents and take all such actions as the Collateral Agent may from time to time request to better assure, preserve, protect and perfect the Security Interest and the rights and remedies created hereby, including the payment of any fees and taxes required in connection with the execution and delivery of this Agreement, the granting of the Security Interest and the filing of any financing statements (including fixture filings) or other documents in connection herewith or therewith. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any promissory note or other instrument, such note or instrument shall be immediately pledged and delivered to the Collateral Agent, duly endorsed in a manner satisfactory to the Collateral Agent. Without limiting the generality of the foregoing, each Grantor hereby authorizes the Collateral Agent, with prompt notice thereof to the Grantors, to supplement this Agreement by supplementing Schedule II, III, IV or V hereto or adding additional schedules hereto to specifically identify any asset or item that may constitute Copyrights, Licenses, Patents or Trademarks; provided, however, that any Grantor shall have the right, exercisable within 10 days after it has been notified by the Collateral Agent of the specific identification of such Collateral, to advise the Collateral Agent in writing of any inaccuracy of the representations and warranties made by such Grantor hereunder with respect to such Collateral. Each Grantor agrees that it will use its best efforts to take such action as shall be necessary in order that all representations and warranties hereunder shall be true and correct with respect to such Collateral within 30 days after the date it has been notified by the Collateral Agent of the specific identification of such Collateral. SECTION 4.05. Inspection and Verification. The Collateral Agent and such persons as the Collateral Agent may reasonably designate shall have the right, at the Grantors' own cost and expense, to inspect the Collateral, all records related thereto (and to make extracts and copies from such records) and the premises upon which any of the Collateral is located, to discuss the Grantors' affairs with the officers of the Grantors and their independent accountants and to verify under reasonable procedures the validity, amount, quality, quantity, value, condition and status of, or any other matter relating to, the Collateral, including, in the case of Accounts or Collateral in the possession of any third person, by contacting Account Debtors or the third person possessing such Collateral for the purpose of making such a verification. The Collateral Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party (it being understood that any such information shall be deemed to be "Information" subject to the provisions of Section 9.16). SECTION 4.06. Taxes; Encumbrances. At its option, the Collateral Agent may discharge past due taxes, assessments, charges, fees, Liens, security interests or other encumbrances at any time levied or placed on the Collateral and not permitted pursuant to 11 11 Section 6.02 of the Credit Agreement, and may pay for the maintenance and preservation of the Collateral to the extent any Grantor fails to do so as required by the Credit Agreement or this Agreement, and each Grantor jointly and severally agrees to reimburse the Collateral Agent on demand for any payment made or any expense incurred by the Collateral Agent pursuant to the foregoing authorization; provided, however, that nothing in this Section 4.06 shall be interpreted as excusing any Grantor from the performance of, or imposing any obligation on the Collateral Agent or any Secured Party to cure or perform, any covenants or other promises of any Grantor with respect to taxes, assessments, charges, fees, liens, security interests or other encumbrances and maintenance as set forth herein or in the other Loan Documents. SECTION 4.07. Assignment of Security Interest. If at any time any Grantor shall take a security interest in any property of an Account Debtor or any other person to secure payment and performance of an Account, such Grantor shall promptly assign such security interest to the Collateral Agent. Such assignment need not be filed of public record unless necessary to continue the perfected status of the security interest against creditors of and transferees from the Account Debtor or other person granting the security interest. SECTION 4.08. Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance. SECTION 4.09. Use and Disposition of Collateral. None of the Grantors shall make or permit to be made an assignment, pledge or hypothecation of the Collateral or shall grant any other Lien in respect of the Collateral, except as expressly permitted by Section 6.02 of the Credit Agreement; provided, however, that nothing herein shall be construed to prohibit the Grantors from granting or receiving any licenses or sub-licenses of Intellectual Property. None of the Grantors shall make or permit to be made any transfer of the Collateral and each Grantor shall remain at all times in possession of the Collateral owned by it, except that (a) Inventory may be sold in the ordinary course of business and (b) unless and until the Collateral Agent shall notify the Grantors that an Event of Default shall have occurred and be continuing and that during the continuance thereof the Grantors shall not sell, convey, lease, assign, transfer or otherwise dispose of any Collateral (which notice may be given by telephone if promptly confirmed in writing), the Grantors may use and dispose of the Collateral in any lawful manner not inconsistent with the provisions of this Agreement, the Credit Agreement or any other Loan Document. Without limiting the generality of the foregoing, each Grantor agrees that it shall not permit any Inventory to be in the possession or control of any warehouseman, bailee, agent or processor at any time unless such warehouseman, bailee, agent or processor shall have been notified of the Security Interest and shall have agreed in writing to hold the Inventory subject to the Security Interest and the instructions of the Collateral Agent and to waive and release any Lien held by it with respect to such Inventory, whether arising by operation of law or otherwise. SECTION 4.10. Limitation on Modification of Accounts. None of the Grantors will, without the Collateral Agent's prior written consent, grant any extension of the time of payment of any of the Accounts Receivable, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partly, any person liable for the payment thereof or allow any credit or discount whatsoever thereon, other than extensions, credits, 12 12 discounts, compromises or settlements granted or made in the ordinary course of business and consistent with its current practices and in accordance with such prudent and standard practices used in industries that are the same as or similar to those in which such Grantor is engaged. SECTION 4.11. Insurance. The Grantors, at their own expense, shall maintain or cause to be maintained insurance covering physical loss or damage to the Inventory and Equipment in accordance with Section 5.02 of the Credit Agreement. Each Grantor irrevocably makes, constitutes and appoints the Collateral Agent (and all officers, employees or agents designated by the Collateral Agent) as such Grantor's true and lawful agent (and attorney-in-fact) for the purpose, during the continuance of an Event of Default, of making, settling and adjusting claims in respect of Collateral under policies of insurance, endorsing the name of such Grantor on any check, draft, instrument or other item of payment for the proceeds of such policies of insurance and for making all determinations and decisions with respect thereto. In the event that any Grantor at any time or times shall fail to obtain or maintain any of the policies of insurance required hereby or to pay any premium in whole or part relating thereto, the Collateral Agent may, without waiving or releasing any obligation or liability of the Grantors hereunder or any Event of Default, in its sole discretion, obtain and maintain such policies of insurance and pay such premium and take any other actions with respect thereto as the Collateral Agent deems advisable. All sums disbursed by the Collateral Agent in connection with this Section 4.11, including reasonable attorneys' fees, court costs, expenses and other charges relating thereto, shall be payable, upon demand, by the Grantors to the Collateral Agent and shall be additional Obligations secured hereby. SECTION 4.12. Covenants Regarding Patent, Trademark and Copyright Collateral. (a) Each Grantor agrees that it will not, and it will exercise its reasonable best efforts to ensure that its licensees will not, do any act, or omit to do any act, whereby any Patent that is material to the conduct of such Grantor's business may become invalidated or dedicated to the public, and agrees that it shall continue to mark any products covered by a Patent with the relevant patent number as necessary and sufficient to establish and preserve its maximum rights under applicable patent laws. (b) Each Grantor (either itself or through its licensees or its sublicensees) will, for each Trademark that is material to the conduct of such Grantor's business, (i) maintain such Trademark in full force free from any claim of abandonment or invalidity for non-use, (ii) maintain the quality of products and services offered under such Trademark, (iii) display such Trademark with notice of Federal or foreign registration to the extent necessary and sufficient to establish and preserve its maximum rights under applicable law and (iv) not knowingly use or knowingly permit the use of such Trademark in violation of any third party rights. (c) Each Grantor (either itself or through licensees) will, for each work covered by a Copyright that is material to the conduct of any Grantor's business, continue to publish, reproduce, display, adopt and distribute the work with appropriate copyright notice as necessary and sufficient to establish and preserve its maximum rights under applicable copyright laws. (d) Each Grantor shall notify the Collateral Agent immediately if it knows or has reason to know that any Patent, Trademark or Copyright material to the conduct of its business may become abandoned, lost or dedicated to the public, or of any materially adverse determination or development (including the institution of, or any such determination or 13 13 development in, any proceeding in the United States Patent and Trademark Office, United States Copyright Office or any court or similar office of any country) regarding such Grantor's ownership of any Patent, Trademark or Copyright, its right to register the same, or to keep and maintain the same. (e) In no event shall any Grantor, either itself or through any agent, employee, licensee or designee, file an application for any Patent, Trademark or Copyright (or for the registration of any Trademark or Copyright) with the United States Patent and Trademark Office, United States Copyright Office or any office or agency in any political subdivision of the United States or in any other country or any political subdivision thereof, unless it promptly informs the Collateral Agent, and, upon request of the Collateral Agent, executes and delivers any and all agreements, instruments, documents and papers as the Collateral Agent may reasonably request to evidence the Collateral Agent's security interest in such Patent, Trademark or Copyright, and each Grantor hereby appoints the Collateral Agent as its attorney-in-fact to execute and file such writings for the foregoing purposes, all acts of such attorney being hereby ratified and confirmed; such power, being coupled with an interest, is irrevocable. (f) Each Grantor will take all necessary steps that are consistent with the practice in any proceeding before the United States Patent and Trademark Office, United States Copyright Office or any office or agency in any political subdivision of the United States or in any other country or any political subdivision thereof, to maintain and pursue each material application relating to the Patents, Trademarks and/or Copyrights (and to obtain the relevant grant or registration) and to maintain each issued Patent and each registration of the Trademarks and Copyrights that is material to the conduct of any Grantor's business, including timely filings of applications for renewal, affidavits of use, affidavits of incontestability and payment of maintenance fees, and, if consistent with good business judgment, to initiate opposition, interference and cancelation proceedings against third parties. (g) In the event that any Grantor has reason to believe that any Collateral consisting of a Patent, Trademark or Copyright material to the conduct of any Grantor's business has been or is about to be infringed, misappropriated or diluted by a third party, such Grantor promptly shall notify the Collateral Agent and shall, if consistent with good business judgment, sue for infringement, misappropriation or dilution and to recover any and all damages for such infringement, misappropriation or dilution, and take such other actions as are appropriate under the circumstances to protect such Collateral. (h) Upon and during the continuance of an Event of Default, each Grantor shall use its best efforts to obtain all requisite consents or approvals by the licensor of each Copyright License, Patent License or Trademark License to effect the assignment of all of such Grantor's right, title and interest thereunder to the Collateral Agent or its designee. ARTICLE V Power of Attorney Each Grantor irrevocably makes, constitutes and appoints the Collateral Agent (and all officers, employees or agents designated by the Collateral Agent) as such Grantor's true and lawful agent and attorney-in-fact, and in such capacity the Collateral Agent shall have 14 14 the right, with power of substitution for each Grantor and in each Grantor's name or otherwise, for the use and benefit of the Collateral Agent and the Secured Parties, upon the occurrence and during the continuance of an Event of Default (a) to receive, endorse, assign and/or deliver any and all notes, acceptances, checks, drafts, money orders or other evidences of payment relating to the Collateral or any part thereof; (b) to demand, collect, receive payment of, give receipt for and give discharges and releases of all or any of the Collateral; (c) to sign the name of any Grantor on any invoice or bill of lading relating to any of the Collateral; (d) to send verifications of Accounts Receivable to any Account Debtor; (e) to commence and prosecute any and all suits, actions or proceedings at law or in equity in any court of competent jurisdiction to collect or otherwise realize on all or any of the Collateral or to enforce any rights in respect of any Collateral; (f) to settle, compromise, compound, adjust or defend any actions, suits or proceedings relating to all or any of the Collateral; (g) to notify, or to require any Grantor to notify, Account Debtors to make payment directly to the Collateral Agent; and (h) to use, sell, assign, transfer, pledge, make any agreement with respect to or otherwise deal with all or any of the Collateral, and to do all other acts and things necessary to carry out the purposes of this Agreement, as fully and completely as though the Collateral Agent were the absolute owner of the Collateral for all purposes; provided, however, that nothing herein contained shall be construed as requiring or obligating the Collateral Agent or any Secured Party to make any commitment or to make any inquiry as to the nature or sufficiency of any payment received by the Collateral Agent or any Secured Party, or to present or file any claim or notice, or to take any action with respect to the Collateral or any part thereof or the moneys due or to become due in respect thereof or any property covered thereby, and no action taken or omitted to be taken by the Collateral Agent or any Secured Party with respect to the Collateral or any part thereof shall give rise to any defense, counterclaim or offset in favor of any Grantor or to any claim or action against the Collateral Agent or any Secured Party. It is understood and agreed that the appointment of the Collateral Agent as the agent and attorney-in-fact of the Grantors for the purposes set forth above is coupled with an interest and is irrevocable. The provisions of this Section shall in no event relieve any Grantor of any of its obligations hereunder or under any other Loan Document with respect to the Collateral or any part thereof or impose any obligation on the Collateral Agent or any Secured Party to proceed in any particular manner with respect to the Collateral or any part thereof, or in any way limit the exercise by the Collateral Agent or any Secured Party of any other or further right which it may have on the date of this Agreement or hereafter, whether hereunder, under any other Loan Document, by law or otherwise. ARTICLE VI Remedies SECTION 6.01. Remedies upon Default. Upon the occurrence and during the continuance of an Event of Default, each Grantor agrees to deliver each item of Collateral to the Collateral Agent on demand, and it is agreed that the Collateral Agent shall have the right to take any of or all the following actions at the same or different times: (a) with respect to any Collateral consisting of Intellectual Property, on demand, to cause the Security Interest to become an assignment, transfer and conveyance of any of or all such Collateral by the applicable Grantors to the Collateral Agent, or to license or sublicense, whether general, special or otherwise, and whether on an exclusive or non-exclusive basis, any such Collateral throughout the world on such terms and conditions and in such manner as the Collateral Agent shall determine (other than in violation of any then-existing licensing 15 15 arrangements to the extent that waivers cannot be obtained), and (b) with or without legal process and with or without prior notice or demand for performance, to take possession of the Collateral and without liability for trespass to enter any premises where the Collateral may be located for the purpose of taking possession of or removing the Collateral, exercise any Grantor's right to bill and receive payment for completed work and, generally, to exercise any and all rights afforded to a secured party under the Uniform Commercial Code or other applicable law. Without limiting the generality of the foregoing, each Grantor agrees that the Collateral Agent shall have the right, subject to the mandatory requirements of applicable law, to sell or otherwise dispose of all or any part of the Collateral, at public or private sale or at any broker's board or on any securities exchange, for cash, upon credit or for future delivery as the Collateral Agent shall deem appropriate. The Collateral Agent shall be authorized at any such sale (if it deems it advisable to do so) to restrict the prospective bidders or purchasers to persons who will represent and agree that they are purchasing the Collateral for their own account for investment and not with a view to the distribution or sale thereof, and upon consummation of any such sale the Collateral Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Collateral so sold. Each such purchaser at any such sale shall hold the property sold absolutely, free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent permitted by law) all rights of redemption, stay and appraisal which such Grantor now has or may at any time in the future have under any rule of law or statute now existing or hereafter enacted. The Collateral Agent shall give the Grantors 10 days' written notice (which each Grantor agrees is reasonable notice within the meaning of Section 9-504(3) of the Uniform Commercial Code as in effect in the State of New York or its equivalent in other jurisdictions) of the Collateral Agent's intention to make any sale of Collateral. Such notice, in the case of a public sale, shall state the time and place for such sale and, in the case of a sale at a broker's board or on a securities exchange, shall state the board or exchange at which such sale is to be made and the day on which the Collateral, or portion thereof, will first be offered for sale at such board or exchange. Any such public sale shall be held at such time or times within ordinary business hours and at such place or places as the Collateral Agent may fix and state in the notice (if any) of such sale. At any such sale, the Collateral, or portion thereof, to be sold may be sold in one lot as an entirety or in separate parcels, as the Collateral Agent may (in its sole and absolute discretion) determine. The Collateral Agent shall not be obligated to make any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral shall have been given. The Collateral Agent may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for sale, and such sale may, without further notice, be made at the time and place to which the same was so adjourned. In case any sale of all or any part of the Collateral is made on credit or for future delivery, the Collateral so sold may be retained by the Collateral Agent until the sale price is paid by the purchaser or purchasers thereof, but the Collateral Agent shall not incur any liability in case any such purchaser or purchasers shall fail to take up and pay for the Collateral so sold and, in case of any such failure, such Collateral may be sold again upon like notice. At any public (or, to the extent permitted by law, private) sale made pursuant to this Section, any Secured Party may bid for or purchase, free (to the extent permitted by law) from any right of redemption, stay, valuation or appraisal on the part of any Grantor (all said rights being also hereby waived and released to the extent permitted by law), the Collateral or any part thereof offered for sale and may make payment on account thereof by using any claim then due and payable to such Secured Party from any Grantor as a credit against the purchase price, and such Secured Party may, upon compliance with the 16 16 terms of sale, hold, retain and dispose of such property without further accountability to any Grantor therefor. For purposes hereof, a written agreement to purchase the Collateral or any portion thereof shall be treated as a sale thereof; the Collateral Agent shall be free to carry out such sale pursuant to such agreement and no Grantor shall be entitled to the return of the Collateral or any portion thereof subject thereto, notwithstanding the fact that after the Collateral Agent shall have entered into such an agreement all Events of Default shall have been remedied and the Obligations paid in full. As an alternative to exercising the power of sale herein conferred upon it, the Collateral Agent may proceed by a suit or suits at law or in equity to foreclose this Agreement and to sell the Collateral or any portion thereof pursuant to a judgment or decree of a court or courts having competent jurisdiction or pursuant to a proceeding by a court-appointed receiver. SECTION 6.02. Application of Proceeds. The Collateral Agent shall apply the proceeds of any collection or sale of the Collateral, as well as any Collateral consisting of cash, as follows: FIRST, to the payment of all costs and expenses incurred by the Administrative Agent or the Collateral Agent (in its capacity as such hereunder or under any other Loan Document) in connection with such collection or sale or otherwise in connection with this Agreement or any of the Obligations, including all court costs and the fees and expenses of its agents and legal counsel, the repayment of all advances made by the Collateral Agent hereunder or under any other Loan Document on behalf of any Grantor and any other costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Loan Document; SECOND, to the payment in full of the Obligations (the amounts so applied to be distributed among the Secured Parties pro rata in accordance with the amounts of the Obligations owed to them on the date of any such distribution); and THIRD, to the Grantors, their successors or assigns, or as a court of competent jurisdiction may otherwise direct. The Collateral Agent shall have absolute discretion as to the time of application of any such proceeds, moneys or balances in accordance with this Agreement. Upon any sale of the Collateral by the Collateral Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of the Collateral Agent or of the officer making the sale shall be a sufficient discharge to the purchaser or purchasers of the Collateral so sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase money paid over to the Collateral Agent or such officer or be answerable in any way for the misapplication thereof. SECTION 6.03. Grant of License to Use Intellectual Property. For the purpose of enabling the Collateral Agent to exercise rights and remedies under this Article at such time as the Collateral Agent shall be lawfully entitled to exercise such rights and remedies, each Grantor hereby grants to the Collateral Agent an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to the Grantors) to use, license or sub-license any of the Collateral consisting of Intellectual Property now owned or hereafter acquired by such Grantor, and wherever the same may be located, and including in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer software and programs used for the compilation or 17 17 printout thereof. The use of such license by the Collateral Agent may be exercised, at the option of the Collateral Agent, upon the occurrence and during the continuation of an Event of Default; provided that any license, sub-license or other transaction entered into by the Collateral Agent in accordance herewith shall be binding upon the Grantors notwithstanding any subsequent cure of an Event of Default. ARTICLE VII Miscellaneous SECTION 7.01. Notices. All communications and notices hereunder shall (except as otherwise expressly permitted herein) be in writing and given as provided in Section 9.01 of the Credit Agreement. All communications and notices hereunder to any Guarantor shall be given to it in care of the Borrower. SECTION 7.02. Security Interest Absolute. All rights of the Collateral Agent hereunder, the Security Interest and all obligations of the Grantors hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or enforceability of the Credit Agreement, any other Loan Document, any agreement with respect to any of the Obligations or any other agreement or instrument relating to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, any other Loan Document or any other agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any release or amendment or waiver of or consent under or departure from any guarantee, securing or guaranteeing all or any of the Obligations, or (d) any other circumstance that might otherwise constitute a defense available to, or a discharge of, any Grantor in respect of the Obligations or this Agreement (other than the indefeasible payment in full of all the Obligations and termination of all commitments of the Lenders and the Issuing Banks). SECTION 7.03. Survival of Agreement. All covenants, agreements, representations and warranties made by any Grantor herein and in the certificates or other instruments prepared or delivered in connection with or pursuant to this Agreement shall be considered to have been relied upon by the Secured Parties and shall survive the making by the Lenders of the Loans, and the execution and delivery to the Lenders of any notes evidencing such Loans, regardless of any investigation made by the Lenders or on their behalf, and shall continue in full force and effect until this Agreement shall terminate. SECTION 7.04. Binding Effect; Several Agreement. This Agreement shall become effective as to any Grantor when a counterpart hereof executed on behalf of such Grantor shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon such Grantor and the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of such Grantor, the Collateral Agent and the other Secured Parties and their respective successors and assigns, except that no Grantor shall have the right to assign or transfer its rights or obligations hereunder or any interest herein or in the Collateral (and any such assignment or transfer shall be void) except as expressly contemplated by this Agreement or the Credit Agreement. This Agreement shall be construed as a separate agreement with respect to each Grantor and may be amended, modified, supplemented, 18 18 waived or released with respect to any Grantor without the approval of any other Grantor and without affecting the obligations of any other Grantor hereunder. SECTION 7.05. Successors and Assigns. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of any Grantor or the Collateral Agent that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. SECTION 7.06. Collateral Agent's Fees and Expenses; Indemnification. (a) Each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of any Grantor to perform or observe any of the provisions hereof. (b) Without limitation of its indemnification obligations under the other Loan Documents, each Grantor jointly and severally agrees to indemnify the Collateral Agent and the other Indemnitees against, and hold each of them harmless from, any and all losses, claims, damages, liabilities and related expenses, including reasonable fees, disbursements and other charges of counsel, incurred by or asserted against any of them arising out of, in any way connected with, or as a result of, the execution, delivery or performance of this Agreement or any claim, litigation, investigation or proceeding relating hereto or to the Collateral, whether or not any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee. (c) Any such amounts payable as provided hereunder shall be additional Obligations secured hereby and by the other Security Documents. The provisions of this Section 7.06 shall remain operative and in full force and effect regardless of the termination of this Agreement or any other Loan Document, the consummation of the transactions contemplated hereby, the repayment of any of the Loans, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Collateral Agent or any Lender. All amounts due under this Section 7.06 shall be payable on written demand therefor. SECTION 7.07. GOVERNING LAW. THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES THEREOF. SECTION 7.08. Waivers; Amendment. (a) No failure or delay of the Collateral Agent in exercising any power or right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the Collateral Agent hereunder and of the Collateral Agent, the Issuing Banks, the 19 19 Administrative Agent and the Lenders under the other Loan Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provisions of this Agreement or any other Loan Document or consent to any departure by any Grantor therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) below, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on any Grantor in any case shall entitle such Grantor or any other Grantor to any other or further notice or demand in similar or other circumstances. (b) Neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement or agreements in writing entered into by the Collateral Agent and Grantor with respect to which such waiver, amendment or modification is to apply, subject to any consent required in accordance with Section 9.08 of the Credit Agreement. SECTION 7.09. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 7.09. SECTION 7.10. Severability. In the event any one or more of the provisions contained in this Agreement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. SECTION 7.11 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall constitute an original but all of which when taken together shall constitute but one contract (subject to Section 7.04), and shall become effective as provided in Section 7.04. Delivery of an executed signature page to this Agreement by facsimile transmission shall be effective as delivery of a manually executed counterpart hereof. SECTION 7.12. Headings. Article and Section headings used herein are for the purpose of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 20 20 SECTION 7.13. Jurisdiction; Consent to Service of Process. (a) Each Grantor hereby irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any New York State court or Federal court of the United States of America sitting in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or the other Loan Documents, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such Federal court. Each of the parties hereto agrees that a final non-appealable judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that the Collateral Agent, the Administrative Agent, the Issuing Banks or any Lender may otherwise have to bring any action or proceeding relating to this Agreement or the other Loan Documents against any Grantor or its properties in the courts of any jurisdiction. (b) Each Grantor hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the other Loan Documents in any New York State or Federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. (c) Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section 7.01. Nothing in this Agreement will affected the right of any party to this Agreement to serve process in any other manner permitted by law. SECTION 7.14. Termination. This Agreement and the Security Interest shall terminate when all the Obligations (other than wholly contingent indemnification obligations) then due and owing have been indefeasibly paid in full, the Lenders have no further commitment to lend, the L/C Exposure has been reduced to zero and the Issuing Banks have no further commitment to issue Letters of Credit under the Credit Agreement, at which time the Collateral Agent shall execute and deliver to the Grantors, at the Grantors' expense, all Uniform Commercial Code termination statements and similar documents which the Grantors shall reasonably request to evidence such termination. Any execution and delivery of termination statements or documents pursuant to this Section 7.14 shall be without recourse to or warranty by the Collateral Agent. A Grantor shall automatically be released from its obligations hereunder and the Security Interest in the Collateral of such Grantor shall be automatically released without further action in the event that all of the Equity Interests of such Grantor shall be sold, transferred or otherwise disposed of to a person that is not an Affiliate of the Borrower in accordance with the terms of the Credit Agreement; provided that the Required Lenders shall have consented to such sale, transfer or other disposition (to the extent required by the Credit Agreement) and the terms of such consent did not provide otherwise. (b) Upon any sale or other transfer by any Grantor of any Collateral that is permitted under the Credit Agreement to any person that is not a Grantor, or, upon the effectiveness of any written consent to the release of the security granted hereby in any Collateral pursuant to Section 9.08(b) of the Credit Agreement, the security interest in such Collateral shall be automatically released. 21 21 SECTION 7.15. Additional Grantors. Upon execution and delivery by the Collateral Agent and a Domestic Subsidiary of an instrument in the form of Annex 2 hereto, such Domestic Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement. IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first above written. FLOWSERVE CORPORATION, by: /s/ JOHN M. NANOS -------------------------------- Name: John M. Nanos Title: Assistant Secretary FLOWSERVE RED CORPORATION, by: /s/ JOHN M. NANOS -------------------------------- Name: John M. Nanos Title: Vice President FLOWSERVE FSD CORPORATION, by: /s/ JOHN M. NANOS -------------------------------- Name: John M. Nanos Title: Vice President FLOWSERVE FCD CORPORATION, by: /s/ JOHN M. NANOS -------------------------------- Name: John M. Nanos Title: Vice President FLOWSERVE INTERNATIONAL, INC., by: /s/ JOHN M. NANOS -------------------------------- Name: John M. Nanos Title: Vice President 22 22 FLOWSERVE MANAGEMENT COMPANY, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President BW/IP-NEW MEXICO, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President FLOWSERVE INTERNATIONAL, LLC, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President DURAMETALLIC AUSTRALIA HOLDING COMPANY, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President INNOVATIVE VALVE TECHNOLOGIES, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President PLANT MAINTENANCE, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President 23 23 VARCO VALVE, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President COLONIAL EQUIPMENT & SERVICE CO., INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President 24 24 CECORP, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President DIVT ACQUISITION-DELAWARE, LLC, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President DIVT SUBSIDIARY, LLC, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President SOUTHERN VALVE SERVICE, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President L.T. KOPPL INDUSTRIES, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President KOPPL COMPANY, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President 25 25 KOPPL INDUSTRIAL SYSTEMS, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President HARLEY INDUSTRIES, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President KOPPL COMPANY OF ARIZONA, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President SEELEY & JONES, INCORPORATED, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President GSV, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President IPSCO-FLORIDA, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President 26 26 INTERNATIONAL PIPING SERVICES COMPANY, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President CYPRESS INDUSTRIES, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President DALCO, LLC, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President PLANT SPECIALTIES, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President ENERGY MAINTENANCE, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President 27 27 PREVENTIVE MAINTENANCE, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President PRODUCTION MACHINE INCORPORATED, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President ICE LIQUIDATING, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President VALVE REPAIR OF SOUTH CAROLINA, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President THE SAFE SEAL COMPANY., INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President FLICKINGER-BENICIA INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President 28 28 PUGET INVESTMENTS, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President STEAM SUPPLY & RUBBER CO., INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President FLICKINGER COMPANY, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President BOYDEN INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President VALVE ACTUATION & REPAIR CO., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President INGERSOLL-DRESSER PUMP COMPANY, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President 29 29 IDP ALTERNATE ENERGY COMPANY, by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President ENERGY HYDRO, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President PUMP INVESTMENTS, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President FLOWSERVE HOLDINGS, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President IPSCO HOLDING, INC., by: /s/ JOHN M. NANOS --------------------------------- Name: John M. Nanos Title: Vice President BANK OF AMERICA, N.A., as Collateral Agent, by: /s/ THERESE FONTAINE --------------------------------- Name: Therese Fontaine Title: Managing Director 30 SCHEDULE I TO THE SECURITY AGREEMENT GUARANTORS A. FLOWSERVE
SUBSIDIARY JURISDICTION OF INCORPORATION ---------- ----------------------------- Flowserve RED Corporation Delaware Flowserve FSD Corporation Flowserve FCD Corporation Flowserve International, Inc. Flowserve Management Company (DE Business Trust) BW/IP-New Mexico, Inc. Flowserve International, LLC Flowserve Holdings, Inc. Durametallic Australia Holding Company Michigan
B. INVATEC
SUBSIDIARY JURISDICTION OF INCORPORATION ---------- ----------------------------- Innovative Valve Technologies, Inc. Delaware Plant Maintenance, Inc. Varco Valve, Inc. Colonial Equipment & Service Co., Inc. CECORP, Inc. DIVT Acquisition-Delaware, LLC DIVT Subsidiary, LLC IPSCO Holding, Inc. Southern Valve Service, Inc. Alabama L.T. Koppl Industries, Inc. California Koppl Company Koppl Industrial Systems, Inc. Harley Industries, Inc. Koppl Company of Arizona Arizona Seeley & Jones, Incorporated Connecticut GSV, Inc. Florida IPSCO-Florida, Inc. International Piping Services Company Illinois Cypress Industries, Inc.
31
SUBSIDIARY JURISDICTION OF INCORPORATION ---------- ----------------------------- DALCO, LLC Kentucky Plant Specialties, Inc. Louisiana Energy Maintenance, Inc. Missouri Preventive Maintenance, Inc. North Carolina Production Machine Incorporated Oklahoma ICE Liquidating, Inc. Pennsylvania Valve Repair of South Carolina, Inc. South Carolina The Safe Seal Company, Inc. Texas Flickinger-Benicia Inc. Washington Puget Investments, Inc. Steam Supply & Rubber Co., Inc. Flickinger Company Boyden Inc. West Virginia Valve Actuation & Repair Co.
C. IDP
SUBSIDIARY JURISDICTION OF INCORPORATION ---------- ----------------------------- Ingersoll-Dresser Pump Company Delaware (DE Partnership) IDP Alternate Energy Company Energy Hydro, Inc. Pump Investments, Inc.
32 SCHEDULE II TO THE SECURITY AGREEMENT COPYRIGHTS A. FLOWSERVE 1. U.S. COPYRIGHT REGISTRATIONS NONE 2. PENDING U.S. COPYRIGHT APPLICATIONS FOR REGISTRATION NONE 3. NON-U.S. COPYRIGHT REGISTRATIONS NONE 4 NON-U.S. PENDING COPYRIGHT APPLICATIONS FOR REGISTRATIONS NONE 33 B. INVATEC 1. U.S. COPYRIGHT REGISTRATIONS NONE 2. PENDING U.S. COPYRIGHT APPLICATIONS FOR REGISTRATION NONE 3. NON-U.S. COPYRIGHT REGISTRATIONS NONE 4 NON-U.S. PENDING COPYRIGHT APPLICATIONS FOR REGISTRATIONS NONE 34 C. IDP 1. U.S. COPYRIGHT REGISTRATIONS (All Ingersoll-Dresser Pump Company Intellectual Property to be assigned to Flowserve Management Company immediately after Closing).
REGISTRATION REGISTRATION GUARANTOR TITLE NUMBER DATE --------- ----- ------------ ------------ Ingersoll Dresser Pump Company CAMERON HYDRAULIC DATA BOOK IDP Alternate Energy Company NONE Energy Hydro, Inc. NONE Pump Investments, Inc. NONE
2. PENDING U.S. COPYRIGHT APPLICATIONS FOR REGISTRATION NONE 3. NON-U.S. COPYRIGHT REGISTRATIONS NONE 4 NON-U.S. PENDING COPYRIGHT APPLICATIONS FOR REGISTRATIONS NONE 35 SCHEDULE V TO THE SECURITY AGREEMENT TRADEMARKS A. FLOWSERVE TRADEMARKS 1. U.S. TRADEMARK REGISTRATIONS
REGISTRATION REGISTRATION GRANTOR TRADEMARK NUMBER DATE ------- --------- ------------ ------------ Flowserve FCD Corporation ACCORD (STYLIZED) 1597174 5/22/2000 Flowserve FCD Corporation AUTOMAX INC & DESIGN 1517015 12/20/2008 Flowserve FCD Corporation CENTURA 1721600 10/6/2002 Flowserve FCD Corporation CHANNELSTREAM 1393912 5/20/2006 Flowserve FCD Corporation PHAROS 1652259 7/30/2001 Flowserve FCD Corporation PHAZER 1828775 3/2/2004 Flowserve FCD Corporation ULTRASWITCH 1647324 Flowserve FCD Corporation KAMMER (STYLIZED) 1850586 8/23/2004 Flowserve FCD Corporation VALDISK 1,135,629 Flowserve FCD Corporation VALTEK INC. (w/design) 895,854 Flowserve FCD Corporation VALTEK MAXFLO 2142246 3/10/2008 Anchor Darling ADAC 1170933 9/29/2001 [Assigned to Flowserve Management Company] Flowserve Management Company BIG MAX 1149600 3/31/2001 Flowserve Management Company BW SEALS 1728892 11/3/2002 Flowserve Management Company BW/IP (STYLIZED) 1548874 7/25/2009 Flowserve Management Company BYRON JACKSON 378463 6/11/2000 Flowserve Management Company DURCO 295561 7/5/2002 432949 9/28/2007 417872 11/20/2005 418706 1/8/2006 Flowserve Management Company DURCO-CAST 0774446 8/4/2004 Flowserve Management Company DURCO-D 743252 1/8/2003 743264 1/8/2003 743322 1/8/2003 761525 12/17/2003 761311 12/10/2003 761329 12/10/2003 761338 12/10/2003 761630 12/17/2003 Flowserve Management Company DURCOMETER 1245145 -- Flowserve Management Company DURCON 772193 6/30/2004 611024 8/23/2005 Flowserve Management Company DURCOPUMP 395550 6/2/2002 Flowserve Management Company FIVE STAR SEAL & DESIGN 1291851 8/28/2004 Flowserve Management Company LIFESHIELD 1857472 10/11/2004 Flowserve Management Company GASPAC 1941730 12/12/2005 Flowserve Management Company PAC-SEAL 2073563
36
REGISTRATION REGISTRATION GRANTOR TRADEMARK NUMBER DATE ------- --------- ------------ ------------ Flowserve Management Company SLEEVELINE 697997 5/24/2000 Flowserve Management Company T-LINE 912253 6/8/2001 892839 6/16/2000 Flowserve Management Company UNITED CENTRIFUGAL 1644974 5/21/2001 Flowserve Management Company WILSON-SNYDER 551064 11/20/2001 Flowserve Management Company UPC 213477803 2/3/2008 Innovative Valve Technologies PWR.SEAL TECHNOLOGY 2283194 10/5/2009 [Assigned to Flowserve Management Company] Innovative Valve Technologies INNOVATIVE VALVE TECHNOLOGIES, 2304575 12/28/2009 [Assigned to Flowserve Management INC. Company] Innovative Valve Technologies INVATEC 2304574 12/28/2009 [Assigned to Flowserve Management Company] Flowserve International, Inc. BYRON JACKSON/UNITED 2,034,059 Flowserve International, Inc. FIVE STAR SEAL DESIGN (DOUBLE) 1624849 11/27/2000 Flowserve International, Inc. FIVE STAR SEAL DESIGN (SINGLE) 1674796 2/11/2002 Flowserve FSD Corporation DMC 0979,376 Flowserve FSD Corporation DURAFITE 0902,609 Flowserve FSD Corporation DURAFLON 0 861,684 Flowserve FSD Corporation DURA HOOKS 0347,926 Flowserve FSD Corporation DURA LAPPER 0789,961 Flowserve FSD Corporation DURAMETALLIC 183,441 1,283,049 Flowserve FSD Corporation DURA SEAL 0319,472 1,022,668 Flowserve FSD Corporation METAL FAB 1,388,031 Flowserve Corporation DURIRON 0591017 6/15/2004 0606594 5/31/2005 0603774 3/29/2005 0096259 4/14/2004 Flowserve Corporation MAGNALERT 1,808,367 Flowserve Corporaiton QUADRA PRESS 1,127,811 Flowserve Corporation FLOWSERVE 2333567 3/21/2010 2286139 10/12/2009 2261469 7/13/2009 2261470 7/13/2009 2333568 3/21/2010 Flowserve Corporation GUARDIAN 1746297 1/12/2003 The Safe Seal Company, Inc. SAFE SEAL 2194856 10/13/2008 Flowserve RED Corporation NONE BW/IP - New Mexico, Inc. NONE Flowserve International, LLC NONE Durametallic Australia Holding NONE Company
2 37 A. FLOWSERVE TRADEMARKS 2. U.S. TRADEMARK APPLICATIONS
APPLICATION FILING GRANTOR TRADEMARK NUMBER DATE ------- --------- ----------- ------ Flowserve FCD Corporation VALTEK Pending -- Pending Flowserve Management Company NONE Flowserve International, Inc. NONE Flowserve FSD Corporation NONE Flowserve Corporation FLOWSERVE 75-312447 Flowserve RED Corporation NONE BW/IP - New Mexico, Inc. NONE Flowserve International, LLC NONE Durametallic Australia Holding Company NONE
3 38 A. FLOWSERVE TRADEMARKS 3. NON-U.S. TRADEMARK REGISTRATIONS
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Anchor Darling [Assigned to ANCHOR DARLING France 1559256 12/20/1979 Flowserve Management Company] Anchor Darling [Assigned to ANCHOR / DARLING UK B1125895 12/19/1979 Flowserve Management Company] Germany 1010076 12/22/1979 Israel 49248 12/26/1979 Italy 381394 1/10/1980 South Korea 71163 7/31/1980 Taiwan 134160 6/1/1990 Anchor Darling [Assigned to ANCHOR / DARLING Benelux 363296 12/18/1979 Flowserve Management Company] (DEVICE) Flowserve Management Company BW SEALS Australia 611424 9/14/1993 Benelux 470167 10/25/1989 Canada 443166 5/26/1995 Colombia 179838 7/12/1993 Denmark 00161/1992 1/17/1992 France 1718690 7/28/1989 Iran 71748 12/12/1993 Italy 575671 10/1/1992 Mexico 386883 6/1/1990 Philippines 58015 5/12/1994 Saudi Arabia 255/91 9/23/1990 Singapore B4733/92 6/24/1992 Spain 1516478 11/5/1991 Taiwan 733726 10/31/1996 UK 1403594 5/11/1989 Flowserve Management Company BW SEALS LOGO Argentina 1600234 5/17/1996 Flowserve Management Company BW/IP Venezuela 153127 2/16/1994 Venezuela 153128 2/16/1994 Flowserve Management Company BW/IP (DESIGN) Venezuela 153126 2/16/1994 Flowserve Management Company BW/IP (DEVICE) Spain 1307428 6/5/1990
4 39
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve Management Company BW/IP (STYLIZED) Thailand 46469 7/2/1996 Argentina 1332325 2/15/1989 Benelux 483051 2/22/1989 Canada TMA404402 11/6/1992 France 1533629 5/30/1989 Germany 1182902 12/17/1991 Indonesia 280410 10/2/1992 Italy 575749 10/1/1992 Japan 2448338 8/31/1992 Saudi Arabia 222/46 7/29/1990 Singapore B4732/92 6/24/1992 Switzerland 370960 2/23/1989 Philippines 55437 6/21/1993 UK 1403598 10/27/1989 Saudi Arabia 222/47 7/29/1990 Thailand 44725 8/2/1995 Iran 69211 10/17/1992 Flowserve Management Company BW/IP Design Venezuela 153125 2/16/1994 Flowserve Management Company BW/IP DESIGN Mexico 381137 8/16/1990 Mexico 381138 8/16/1990
5 40
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve Management Company BYRON JACKSON Argentina 1592107 1933 Australia B273316 10/23/1970 Australia B243395 10/23/1970 Australia B243398 1970 Austria 56302 12/17/1965 Benelux 103007 12/24/1971 Bolivia 32922 2/4/1977 Brazil 811047318 1/8/1985 Bulgaria 9174 10/30/1973 Canada 2/997 2/2/1933 Chile 417153 11/28/1933 China 161183 8/15/1982 Costa Rica 64298 1/17/1985 Czech Republic 162135 1974 Czech Republic 162136 3/13/1974 Denmark 1137 4/30/1966 France 1336929 1/3/1986 Germany 823449 8/29/1966 UK 2006989 1/6/1995 Greece 33890 8/5/1965 Hungary 116847 11/20/1973 Indonesia 403517 11/6/1997 Iran 56125 2/23/1983 Italy 568658 1992 Italy 714612 6/18/1997 Japan 718894 9/6/1966 Japan 490789 10/31/1956 South Korea 10159 8/12/1965 Kuwait 14439 3/26/1993 Malaysia M/B73923 1/6/1977 Malaysia M/B73924 1/6/1977 Mexico 45819 4/15/1943 Panama 032840 10/14/1983 Paraguay 193760 7/1/1976 Peru 18972 11/22/1963 Philippines 35460 3/5/1986 Poland 52491 10/29/1974 Qatar 3471 4/19/1983 Saudi Arabia 113/31 3/25/1985 Slovak Republic 162135 3/13/1974 South Africa B65/4411 11/1/1965 Spain 482836 9/5/1967 Spain 482838 1/24/1967 Spain 482837 5/7/1969 Switzerland 340713 7/21/1965 Taiwan 90605 7/1/1977 Taiwan 400009 1988 Thailand 55986 1/14/1977 Russian Fed. 50609 9/25/1973 Uruguay 291852 2/26/1977 Venezuela 21242 8/13/1949 Algeria 40160 5/24/1978
6 41
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Cuba 96258 4/8/1958 Equador 3162-9 7/12/1983 Romania 1725 8/21/1933 Turkey 110427 12/2/1968 East Germany 640369 8/21/1974 Flowserve Management Company BYRON JACKSON Taiwan 00880863 1/31/2000 Flowserve Management Company BYRON JACKSON Mexico 45824 4/15/1943 Slovak Republic 162136 3/13/1974 Flowserve Management Company BYRON JACKSON (in Japan 2076780 9/30/1988 katakana) Flowserve Management Company CHEMSTAR France 1519103 3/14/1989 Germany 1182630 11/29/1991 UK 1372876 2/14/1989 Flowserve Management Company CHLORIMET France RN 1492413 1968 Italy RN 0550867 1968
7 42
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve Management Company DURAMETALLIC Argentina RN 621597 1969 Argentina RN 1373154 1990 Australia RN A208222 1974 Bahrain RN 9654 1985 Benelux RN 033985 1971 Brazil RN 1232/0602.251 1974 Canada RN 241/52108 1931 Canada RN 334048 1987 Chile RN 446515 1995 Columbia RN 173759 1995 Czechoslovakia RN 176969 1992 Ecuador RN 4752 1995 France RN 958262 1976 Germany RN 750438 1958 Germany RN 869521 1969 Great Britain RN 906510 1967 Hungary RN 136020 1992 India RN 241039 1967 Indonesia RN 116961 1977 Iran RN 33231 1969 Israel RN 36261 1972 Italy RN 218996 1967 Japan RN 513658 1958 Kuwait RN 6808 1974 Malaysia RN M/093116 1981 Mexico RN 39918 1939 Mexico RN 156614 1969 New Zealand RN 131582 1980 Nigeria RN 23849 1973 Paraguay RN 185241 1996 Peru RN 13454 1995 Philippines RN 22830 1976 Poland RN 82720 1992 Saudi Arabia RN 94/22 1980 Singapore RN 61098 1974 Slovakia RN 173000 1992 South Africa RN 66/5169 1966 South Africa RN 67/1391 1967 South Korea RN 129459 1986 Spain RN 603129 1972 Sweden RN 120581 1967 Taiwan RN 328389 1986 Thailand RN 86654 1981 Turkey RN 46211 1972 Uruguay RN 272.756 1996 Venezuela RN 11934 1958 Venezuela RN 22.662-D 1987
8 43
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve Management Company DURA SEAL Argentina RN 527070 1964 Australia RN A166362 1961 Bahrain RN 9655 1985 Benelux RN 033986 1971 Brazil RN 384364 1968 Canada RN 9678 1937 China RN 780617 1995 Czec. Republic RN 178691 1992 Ecuador RN 4759 1995 France RN 47714 1939 Germany RN 909544 1966 Great Britian RN 609037 1940 Hungary RN 136019 1992 India RN 210230 1962 Indonesia RN 120468 1977 Iran RN 38061 1972 Israel RN 36260 1972 Italy RN 218995 1967 Japan RN 557204 1960 Kuwait RN 6807 1974 Mexico RN 39919 1939 New Zealand RN B131581 1980 Nigeria RN 27231 1973 Paraguay RN 181.028 1995 Peru RN 13453 1995 Phillipines RN 23124 1976 Poland RN 82721 1992 Saudi Arabia RN 92/23 1980 Singapore RN 61099 1974 Slovakia RN 175122 1992 South Africa RN 63/0686 1963 South Korea RN 129458 1986 Taiwan RN 328388 1986 Thailand RN 77295 1981 Turkey RN 46426 1972 Venezuela RN 11933 1939 Flowserve Management Company DURCO China 358021 8/20/1989 France 1483334 9/9/1968 India 418546 3/5/1984 India 418547 3/5/1984 Italy 547399 9/9/1968 Mexico 90568 8/13/1957 Mexico 90569 10/19/1957 Taiwan 278199 5/16/1985 South Korea 104174 8/10/1984 UK 782884 10/16/1958 Flowserve Management Company DURCO (IN CHINESE) China 358019 8/20/1989 Flowserve Management Company DURCO-CAST Canada 136531 7/10/1964
9 44
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve Management Company DURCO-D Argentina 1615654 9/16/1996 Argentina 156695 1/2/1996 Argentina 113245/8 10/28/1963 Australia A172743 3/22/1962 Australia A172744 3/22/1962 Benelux 40702 5/28/1971 Brazil 750152842 2/16/1982 Brazil 004067282 9/2/1970 Brazil 3693198 3/11/1978 Canada 128754 11/6/1962 Chile 330102 4/28/1988 France 1389966 1/19/1987 Germany 783072 3/7/1963 India 215280 5/1/1963 International Reg 368605 3/25/1970 Italy 413319 3/6/1962 Mexico 110692 3/20/1962 Mexico 110691 3/20/1962 Peru 10765 3/16/1972 Peru 10548 3/16/1972 Peru 10766 3/16/1972 South Africa 62/0682 3/5/1962 South Korea 165048 12/21/1988 Venezuela 44835 4/8/1963 Venezuela 44836 4/8/1963 Venezuela 44837 4/8/1963 Venezuela 64187 3/26/1971 UK 833681 4/25/1962 UK 846573 3/18/1963 UK 850693 6/21/1963 UK 950481 11/3/1969 UK 833682 4/25/1962 UK 833683 4/25/1962 UK 846574 3/18/1963 Flowserve Management Company DURCO-D (IN CHINESE) China 258472 8/10/1986 China 259910 3/20/1996 Flowserve Management Company DURCOMETER Canada TMA288833 1984 Flowserve Management Company DURCON Canada 103755 7/6/1956 UK 744126 7/6/1955 Flowserve Management Company DURCOPUMP Canada UCA15306 7/18/1941 UK 782885 10/16/1958
10 45
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve Management Company DURICHLOR UK 943818 6/9/1969 UK 943819 6/9/1969 International Reg 368601 3/25/1970 Argentina 1315522 1988 Argentina 1315523 1988 Argentina 1315526 1988 Argentina 1315525 1988 Argentina 1315521 1988 France 1483333 1968 Italy 547398 1968 Flowserve Management Company DURIMET Benelux 33460 5/19/1971 South Korea 107674 11/29/1984 France 1483452 1968 Italy 0550084 1968 Flowserve Management Company DURIRON Argentina 1315519 10/27/1988 Argentina 1315520 10/27/1988 Argentina 1315518 10/27/1988 Benelux 33452 5/19/1971 Brazil 002468808 2/3/1981 Brazil 006075851 4/25/1985 Canada TMDA29960 12/1/1921 Chile 326316 4/25/1957 Chile 357611 4/17/1970 France 1423120 6/18/1952 India 418545 3/5/1984 International Reg 368604 3/25/1970 Italy 339499 12/21/1956 Mexico 20277 12/14/1921 South Africa 84/6546 7/24/1984 South Africa 84/6547 7/24/1984 South Korea 107833 12/6/1984 Spain 91228 9/22/1932 Spain 86177 7/7/1931 Spain 91227 2/14/1933 Taiwan 268088 12/16/1984 UK 421025 11/29/1921 Flowserve Management Company DURIRON (IN CHINESE) China 258471 8/10/1986 China 259911 8/20/1986 China 358018 8/20/1989 Flowserve Management Company ENZINGER Canada RN 107692 1957 Flowserve Management Company FIVE STAR SEAL Canada TMA373450 9/14/1990 Flowserve Management Company FIVE STAR SEAL DESIGN Canada TMA370794 7/13/1990 (DOUBLE) Flowserve Management Company FIVE STAR SEAL DESIGN Canada TMA371345 7/27/1990 (SINGLE) Flowserve Management Company GASPAC Germany 396344321 10/15/1996
11 46
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve Management Company GASPAC Canada 467701 12/16/1996 UK 2018793 4/26/1995 Malaysia 95/13380 12/8/1995 Singapore 11912/95 Flowserve Management Company HELITORK Canada RN282225 1983 Italy RN 413372 1986 Flowserve Management Company LIFECHAMBER Canada RN TMA385799 1991 Canada RN TMA398208 1992 Flowserve Management Company LIFESHIELD Canada TMA425667 1994 Canada TMA425661 1994 Flowserve Management Company PETCH Indonesia RN 268397 1991 Flowserve Management Company SLEEVELINE Benelux RN 33459 1971 Canada RN 171469 1970 France RN 1483454 1968 Italy RN 0550082 1968 Flowserve Management Company T-LINE Canada RN 173563 1970 France RN 1483455 1978 Italy RN 0550083 1968 Flowserve Management Company UNITED Australia RN A158675 1960 Benelux RN 490849 1991 France RN 1636285 1991 Iran RN 73859 1994 Italy RN 611343 1993 Mexico RN 539198 1996 Thailand RN TM42107 1995 Flowserve Management Company UNITED CENTRIFUGAL Argentina 1507406 2/28/1994 Flowserve Management Company UNITED CENTRIFUGAL Mexico 539199 11/6/1991 Flowserve Management Company UNITED PUMPS Canada TMA409344 3/12/1993 Flowserve Management Company WILSON-SNYDER Mexico 514129 11/16/1995 India 270853B 8/13/1973 Flowserve Management Company WILSON-SNYDER China 244200 2/27/1996 Flowserve Management Company UPC Canada TMA452634 12/29/1995
12 47
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve Corporation VALTEK UK 1063895 6/4/1976 UK 1063896 6/4/1976 UK 1063897 6/4/1976 Australia 600966 11/25/1996 Brazil 817548130 2/25/1998 China 1177794 5/21/1998 Denmark 2020/74 6/28/1974 France 93477871 7/26/1993 Germany 20262319 4/15/1994 Italy 694721 7/2/1977 Japan 1407928 2/29/1980 Norway 89814 12/14/1973 Sweden 146507 3/22/1974 Flowserve Corporation VALTEK UK 1063894 6/4/1976 Flowserve Corporation DURCO-D Argentina 1615655 9/16/1996 Flowserve Corporation FLOWSERVE Argentina 1.721.932 2/16/1999 Argentina 1.721.931 2/16/1999 Australia 750973 7/3/1998 Canada 520991 1/4/2000 Chile 519.695 8/19/1998 Chile 519.696 8/19/1998 China 1279596 5/28/1999 China 1293761 7/14/1999 Czech Republic 217863 5/27/1999 European Com. 707901 12/16/1999 Hungary 156813 6/21/1999 Indonesia 432025 2/10/1998 Indonesia 432026 2/10/1998 Mexico 579538 6/29/1998 New Zealand 286127 6/20/1997 New Zealand 286128 6/17/1998 Norway 195411 1/21/1999 Peru 46832 6/24/1998 Peru 46833 6/24/1998 Singapore T97/15408H 6/20/1997 Slovenia Z9870142 10/5/1998 South Korea 443203 3/4/1999 South Korea 40-448007 5/18/1999 Switzerland 456623 10/12/1998 Flowserve FCD Corporation AUTOMAX Benelux 542479 9/1/1994 Germany 2101813 11/21/1996 UK 1555542 12/3/1993 UK 1555501 12/3/1993 Saudi Arabia 316/55 8/8/1994 Saudi Arabia 316/56 8/8/1994 Singapore S/9706/93 12/8/1993 Flowserve FCD Corporation AUTOMAX (STYLIZED) Australia 617760 12/3/1993 Australia 617761 12/3/1993 Italy 00678836 5/17/1996
13 48
REGISTRATION REGISTRATION GRANTOR TRADEMARK COUNTRY NUMBER DATE ------- --------- ------- ------------ ------------ Flowserve FCD Corporation AUTOMAX INC & DESIGN France 93/495315 12/6/1993 South Korea 316236 6/26/1995 South Korea 307062 1/25/1995 South Africa 93/11482 12/3/1993 South Africa 93/11483 12/3/1993 Spain 1793584 12/9/1993 Spain 1793585 12/9/1993 Flowserve FCD Corporation KAMMER Australia A600968 9/19/1994 Brazil 817553762 12/19/1995 France 93477872 7/26/1993 Germany 2062764 4/20/1994 UK 1527113 2/25/1993 Flowserve FSD Corporation DURA Italy RN 175446 1961 Flowserve FSD Corporation DURAFITE Canada RN 179128 1971 Germany RN 893562 1970 Flowserve FSD Corporation DURAFLON Argentina RN 1073602 1984 Flowserve FSD Corporation DURA HOOKS Canada RN 9928 1937 Flowserve FSD Corporation DURA LAPPER Canada RN 141841 1965 Flowserve Corporation QUADRA PRESS Canada RN 254349 1981 Flowserve RED Corporation NONE Flowserve FSD Corporation NONE Flowserve International, Inc. NONE BW/IP - New Mexico, Inc. NONE Flowserve International, LLC NONE Durametallic Australia Holding NONE Company Flowserve Finance B.V. NONE Flowserve International Limited NONE
14 49 A. FLOWSERVE TRADEMARKS 4. NON-U.S. TRADEMARK APPLICATIONS
GRANTOR TRADEMARK COUNTRY APPLICATION NUMBER FILING DATE ---------------------------- ------------------ --------------- ------------------ ----------- Flowserve Management Company BW SEALS Malaysia Pending -- Flowserve Management Company BW SEALS Venezuela 666190 8/6/1999 Flowserve Management Company BW/IP DESIGN Malaysia Pending -- Malaysia Pending -- Flowserve Corporation VALTEK India Pending -- Flowserve Corporation FLOWSERVE & DESIGN Brazil Published -- Brazil Published -- Flowserve Corporation FLOWSERVE Brazil Published -- Brazil Published -- Croatia Pending -- India Pending -- India Pending -- Japan Published -- Malaysia Pending -- Malaysia Pending -- Mexico Pending -- Morocco Pending -- Saudi Arabia Pending -- Saudi Arabia Pending -- Singapore Published -- Slovak Republic Pending -- Slovak Republic Pending -- South Africa Pending -- South Africa Pending -- Venezuela Published -- Venezuela Published -- Russian Fed Pending -- Flowserve FCD Corporation AUTOMAX India Pending -- India Pending -- Singapore Pending -- Flowserve RED Corporation NONE Flowserve FSD Corporation NONE Flowserve International, Inc. NONE BW/IP - New Mexico, Inc. NONE Flowserve International, LLC NONE Durametallic Australia Holding Company NONE Flowserve Finance B.V. NONE Flowserve International Limited NONE
15 50 B. INVATEC TRADEMARKS 1. U.S. TRADEMARK REGISTRATIONS
GRANTOR TRADEMARK REGISTRATION NUMBER REGISTRATION DATE ------------------------------------- --------------------- ------------------- ----------------- Innovative Valve Technologies, Inc. INNOVATIVE VALVE 2304575 12/28/99 TECHNOLOGIES, INC. Innovative Valve Technologies, Inc. INVATEC 2304574 12/28/99 Innovative Valve Technologies, Inc. PWR. SEAL TECHNOLOGY 2,283,194 10/15/99 The Safe Seal Company, Inc. SAFE SEAL & design 2,194,856 10/13/98 IPSCO Holding, Inc. IPSCO 0753197 7/23/63 Plant Maintenance NONE Varco Valve, Inc. NONE Colonial Equipment & Service Co., Inc. NONE CECORP, Inc. NONE DIVT Acquisition-Delaware, LLC NONE DIVT Subsidiary, LLC NONE Southern Valve Service NONE L.T. Koppl Industries NONE Koppl Company NONE Koppl Industrial Systems, Inc. NONE Harley Industries, Inc. NONE Koppl Company of Arizona NONE Seeley & Jones, Incorporated NONE GSV, Inc. NONE IPSCO-Florida, Inc. NONE International Piping Services Company NONE Cypress Industries, Inc. NONE DALCO, LLC NONE Plant Specialties, Inc. NONE Energy Maintenance, Inc. NONE Preventive Maintenance, Inc. NONE Production Machine Incorporated NONE ICE Liquidating, Inc. NONE Valve Repair of South Carolina, Inc. NONE Flickinger-Benicia Inc. NONE Puget Investments, Inc. NONE Steam Line Supply & Rubber Co., Inc. NONE Flickinger Company NONE Boyden Inc. NONE Valve Actuation & Repair Co. NONE
16 51 B. INVATEC TRADEMARKS 2. U.S. TRADEMARK APPLICATIONS NONE 3. NON-U.S. TRADEMARK REGISTRATIONS NONE 4. NON-U.S. TRADEMARK APPLICATIONS NONE 17 52 C. IDP TRADEMARKS 1. U.S. TRADEMARK REGISTRATIONS (All Ingersoll-Dresser Pump Company Intellectual Property to be assigned to Flowserve Management Company immediately after Closing).
GRANTOR TRADEMARK REGISTRATION NUMBER REGISTRATION DATE ---------------------- --------------------- ------------------- ----------------- Ingersoll-Dresser Pump AKTIV-RUDER 0695564 4/5/1960 Company Ingersoll-Dresser Pump BRUTE JR 1778681 6/29/1993 Company Ingersoll-Dresser Pump CHEMLINER 0973917 11/27/1973 Company Ingersoll-Dresser Pump CLEAN-LOCK 1710041 8/25/1992 Company Ingersoll-Dresser Pump FAST RESPONSE CENTER 1121582 7/3/1979 Company Ingersoll-Dresser Pump GEAREX (STYLIZED) 0585955 2/23/1954 Company Ingersoll-Dresser Pump HYDREX 0606355 5/24/1955 Company Ingersoll-Dresser Pump IDP LOGO 1848852 8/9/1994 Company Ingersoll- P & DESIGN 0622620 3/6/1956 Dressner Pump Company Ingersoll- PACIFIC 0591926 6/29/1954 Dresser Pump Company Ingersoll- PLEUGER 2045357 3/18/1997 Dresser Pump Company Ingersoll- PUMPTRAC & 2013429 11/5/1996 Dresser Pump DESIGN Company Ingersoll- SCIENCO 1659448 10/8/1991 Dresser Pump Company Ingersoll- SIER-BATH 0741577 12/4/1962 Dresser Pump Company Ingersoll- WESTERN 1996129 8/20/1996 Dresser Pump LAND ROLLER Company Ingersoll- Worthington 0641707 2/19/1957 Dresser Pump Company Ingersoll- WORTHINGTON 0945715 10/24/1972 Dresser Pump N & W 0692784 2/9/1960 IDP Alternate Energy Company NONE Energy Hydro, Inc. NONE Pump Investments, Inc. NONE
18 53 C. IDP TRADEMARKS 2. U.S. TRADEMARK APPLICATIONS (All Ingersoll-Dresser Pump Company Intellectual Property to be assigned to Flowserve Management Company immediately after Closing).
GRANTOR TRADEMARK APPLICATION NUMBER FILING DATE -------------------- ------------- ------------------ ----------- Ingersoll- X-CAVALLOY 75707286 5/17/1999 Dresser Pump Company Ingersoll- BARBARIAN 75676712 4/7/1999 Dresser Pump Company Ingersoll- DESIGN PENDING Dresser Pump (ILLUSTRATION Company OF BARBARIAN) Ingersoll- PROS+ 75655861 3/8/1999 Dresser Pump Company IDP Alternate Energy NONE Company Energy Hydro, Inc. NONE Pump Investments, Inc. NONE
19 54 C. IDP TRADEMARKS 3. NON-U.S. TRADEMARK REGISTRATIONS (All Ingersoll-Dresser Pump Company Intellectual Property to be assigned to Flowserve Management Company immediately after Closing).
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE ---------------------- -------------------- --------------- ------------------- ----------------- Ingersoll-Dresser Pump AKTIV-RUDER Benelux R237252 -- Company France R237252 -- Germany 664696 9/24/1951 Intern'l Design R237252 11/21/1960 Spain R237252 -- Ingersoll-Dresser Pump ALDRICH Canada TMDA 39314 -- Company Ingersoll-Dresser Pump CAMERON Canada 121/28041 2/19/1986 Company Ingersoll-Dresser Pump CLEAN-LOCK Canada TMA392819 1/10/1992 Company TMA450179 11/17/1995 Ingersoll-Dresser Pump GEAREX Benelux 384827 9/28/1982 Company Canada 132237 8/9/1963 Ingersoll-Dresser Pump HYDREX Benelux 384828 9/28/1982 Company Canada 134070 1/3/1964 Ingersoll-Dresser Pump IDP INGERSOLL-DRESSER Indonesia 365914 7/6/1995 Company PUMPS Indonesia 370229 7/6/1995 Indonesia 373167 7/6/1995 Ingersoll-Dresser IDP LOGO Algeria 049894 11/29/195 Pump Company Argentina 1506140 2/28/1994 Argentina 1506141 2/28/1994 Australia 593536 1/5/1993 Australia 593538 1/5/1993 Australia 659118 1/5/1993 Austria 147697 6/23/1993 Benelux 528270 1/15/1993 Brazil 817240764 1/10/1995 Brazil 817240772 5/23/1995 Canada TMA427902 5/27/1994 China 798459 12/14/1995 China 822508 3/14/1996 China 799915 12/14/1995 Chile 453959 12/11/1995 Chile 467412 9/9/1996 Colombia 172195 1/26/1995 Colombia 171406 1/20/1995 Costa Rica 86750 4/25/1994 Costa Rica 84221 10/14/1993 Denmark VR081491995 12/1/1995 Ecuador 1209-97 4/28/1997 Ecuador 550-97 4/28/1997 Ecuador 551-97 4/28/1997 Finland 143741 4/22/1996 France 93451897 1/22/1993 Germany 2075241 1/8/1993
20 55 GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE ---------------------- -------------------- --------------- ------------------- ----------------- Greece 124281 5/10/1995 Hong Kong B04012/1997 6/8/1995 Hong Kong B09594/1997 6/8/1995 Hong Kong B09593/1997 6/8/1995 Hungary 147483 9/14/1995 Iran 79008 4/23/1996 Ireland, Rep. of B1666568 4/25/1995 Ireland, Rep. of 202043 7/1/1996 Israel 98344 4/30/1995 Israel 98345 4/30/1995 Israel 98346 4/30/1995 Italy 666822 1/26/1993 Japan 3225117 11/29/1996 Japan 3265253 2/24/1997 Jordan 9172 4/21/1996 Jordan 9171 4/2/1996 Korea, South 330667 1/31/1996 Korea, South 28587 9/14/1995 Korea, South 331768 1/18/1996 Mexico 438613 8/2/1993 Mexico 505029 3/25/1993 New Zealand 248571 4/27/1995 New Zealand 248572 4/27/1995 New Zealand 248573 4/27/1995 Nigeria 55389 2/23/1993 Norway 179628 2/6/1997 Peru 9342 8/15/1994 Peru 1790 4/4/1994 Portugal 309651 5/6/1996 Portugal 309653 5/6/1996 Portugal 309654 5/6/1996 Romania 23417 6/15/1994 Russian Fed. 132875 6/23/1994 Saudi Arabia 339/44 5/16/1995 Saudi Arabia 339/45 5/16/1995 Saudi Arabia 339/46 5/16/1995 Singapore S/B275/93 1/13/1993 Singapore T93/00274G 1/13/1993 South Africa 95/05647 5/2/1995 South Africa 95/05648 5/2/1995 South Africa 95/05649 5/2/1995 Spain 1742151 1/29/1993 Spain 1742152 1/29/1993 Sweden 311096 4/4/1996 Switzerland 403673 2/4/1993 Switzerland 409245 4/1/1993 Taiwan 74683 3/1/1995 Taiwan 678390 4/15/1995 Taiwan 676627 3/31/1995 Thailand 261269 7/27/1994 Thailand BOR2856 7/26/1994 Tunisia 951375 10/23/1995 Turkey 163994 9/18/1995
21 56
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE ---------------------- -------------------- --------------- ------------------- ----------------- Turkey 170364 9/18/1995 UK B1523024 12/31/1992 Vietnam 10557 3/20/1993 Zimbabwe B679/94 5/11/1994 Zimbabwe B680/94 5/11/1994 Zimbabwe B681/94 5/11/1994 Ingersoll- MONOBLOC Algeria 044988 2/19/1966 Dresser Pump Austria 21508 2/27/1951 Company France 92423560 6/16/1992 Ingersoll- NIIGATA- Japan 49354 1/14/1957 Dresser Pump WORTHINGTON Ingersoll- NIIGATA- Japan 494355 1/14/1957 Dresser Pump WORTHINGTON Company (KATAKANA) Ingersoll- P & DESIGN Colombia 125406 12/12/1988 Dresser Pump Germany 1021743 2/18/1981 Company Jordan 19659 2/11/1982 Korea, South 83789 9/10/1982 Germany 545478 1/24/1941 Japan 176997 9/26/1984 Pleuger P & DESIGN Mexico 253672 4/15/1980 Worthington GMBH Ingersoll- PACIFIC Argentina 1666563 9/30/1959 Dresser Pump Argentina 1666564 9/30/1959 Company Australia A127250 4/11/1956 Austria 49220 12/3/1962 Bangladesh 27507 10/5/1988 Benelux 62720 9/24/1971 Bolivia 54431-A 6/27/1989 Brazil 003391612 8/22/1956 Canada NS68/17863 1/13/1943 Canada 128775 11/16/1962 Chile 451999 12/10/1965 Colombia 139822 6/25/1992 Denmark VR023321965 9/4/1965 Ecuador 710-90 4/6/1990 France 1719792 7/25/1980 Germany 688516 11/2/1954 Greece 33333 4/3/1965 India 210610 8/13/1962 Iran 26725 4/22/1965 Israel 24302 3/21/1965 Italy 694846 4/24/1954 Japan 488284 9/19/1956 Korea, South 9723 4/2/1965 Kuwait 2386 10/17/1965 Mexico 80531 11/10/1954 New Zealand 953440 7/5/1944 Norway 67207 10/21/1965 Paraguay 134770 6/30/1989 Peru 37498 11/2/1965 Philippines 12329 5/26/1966
22 57
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE ---------------------- -------------------- --------------- ------------------- ----------------- Portugal 129783 5/25/1966 South Africa 62/2628 8/7/1962 Sweden 106339 5/31/1963 Taiwan 23742 10/1/1966 Thailand KOR29864 4/1/1995 Turkey 119076 5/12/1965 UK B751119 2/20/1956 Uruguay 303877 8/17/1966 Venezuela 31189-F 10/4/1956 Ingersoll- PACIFIC China 530868 10/10/1990 Dresser Pump (MANDARIN) Company Ingersoll- PLEMA France R396448 -- Dresser Pump Intern'l Design R396448 12/19/1972 Company Liechtenstein R396448 -- Switzerland R396448 -- Ingersoll- PLEUGER Algeria R467259 -- Dresser Pump Australia A523499 11/16/1989 Company Austria R467267 -- Canada 280382 6/17/1983 Chile 413406 9/27/1993 China 530863 10/10/1990 Colombia 147082 5/21/1992 Czech Republic 166564 8/28/1986 Germany 1021744 2/18/1981 Greece 70143 10/26/1981 Intern'l Design R467269 9/28/1981 Italy R4672699 -- Japan 1885896 8/28/1986 Japan 2014542 1/26/1998 Japan 2207997 1/30/1990 Jordan 20834 4/20/1983 Korea, South 257166 1/13/1993 Korea, South 82705 6/30/1982 Morocco R467269 -- Portugal 215114 10/17/1988 Portugal 215113 10/17/1998 Romania R467269 -- Slovenia 7881112 -- South Africa 81/8001 8/19/1981 Switzerland R467269 -- Tunisia R467269 -- UK 1435951 8/13/1990 Venezuela 117058-F 4/18/1986 Venezuela 114275-F 9/23/1985 Yugoslavia 27109 9/15/1983 Ingersoll- PLEUGER Argentina 1273631 3/7/1998 Dresser Pump Argentina 1273632 3/7/1988 Company Benelux 412115 9/23/1985 Japan 2207997 6/30/1990 Mexico 269420 4/15/1980 Spain 828086 9/30/1976 Spain 828087 10/5/1978
23 58
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE ---------------------- -------------------- --------------- ------------------- ----------------- Ingersoll- PLEUGER Slovak Republic 166564 8/28/1986 Dresser Pump Company Ingersoll- PLEUGER & P Brazil 007230664 10/25/1980 Dresser Pump (DESIGN) Egypt 65019 12/15/1984 Company France 1737816 10/9/1981 Jordan 28428 12/3/1990 Jordan 28427 12/3/1990 Ingersoll- PLEUGER & P Philippines 39734 6/27/1998 Dresser Pump (DESIGN) Company Ingersoll- PLEUGER & P Taiwan 172547 2/16/1982 Dresser Pump DESIGN Company Ingersoll- PLEUGER & Taiwan 172546 2/16/1982 Dresser Pump PLEUGER SEE Company REMARKS Ingersoll- PLEUGER Taiwan 172545 2/16/1982 Dresser Pump (CHINESE Company CHARACTERS) Ingersoll- PLEUGER China 530870 10/10/1990 Dresser Pump (MANDARIN) Company Ingersoll- PLEUGER- Germany 521654 1/23/1940 Dresser Pump PUMPE Company Ingersoll- SIER-BATH Benelux 384826 9/28/1982 Dresser Pump France 1420115 6/4/1962 Company Germany 808839 5/2/1962 Italy 409304 6/26/1962 Japan 652223 9/8/1964 Canada TMA453078 1/26/1996 Ingersoll- WASSERSTAN Germany 454359 1/12/1933 Dresser Pump DSWACHTER Company Ingersoll- WORTHINGTON Algeria 052062 1/10/1952 Dresser Pump Australia A32253 -- Company Austria 24604 11/30/1951 Brazil 003299457 4/16/1966 Canada TMDA02715 7/16/1986 Egypt 9511 6/23/1943 France 1719794 3/9/1990 Germany 785822 10/17/1962 Germany 631079 10/18/1962 India 7542 11/9/1942 Ireland, Rep. of 48179 Ireland, Rep. of 32244 10/27/1984 Italy 334337 6/21/1956 Morocco 45536 11/1/1990 New Zealand B20315 7/5/1937 Norway 10709 Paraguay 167252 4/17/1983
24 59
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE ---------------------- -------------------- --------------- ------------------- ----------------- South Africa 997/21 South Africa 88/1404 2/24/1988 Sweden 75754 4/2/1954 Tanganyika 18465 12/31/1980 Tanganyika 18467 12/31/1980 Thailand KOR64963 9/29/1994 Trinidad & Tobago 85/21 12/15/1921 Tunisia EE95.1547 1/27/2022 Turkey 83509 11/30/1944 Uganda 15292 2/14/1980 UK 418012 8/26/1921 UK 40477 10/27/1984 UK 2104125 7/2/1996 Uruguay 313638 1/31/1957 Venezuela 14197 -- Zanzibar 81/1987 12/19/1980 Zanzibar 82/1987 12/19/1980 Ingersoll- WORTHINGTON Algeria 047465 9/24/1966 Dresser Pump N & W Argentina 1563127 11/23/1959 Company (DESIGN) Argentina 1551784 1/31/1995 Argentina 1626931 11/23/1959 Australia A175418 8/13/1962 Austria 41819 8/3/1959 Bangladesh 29796 11/28/1989 Benelux 105862 12/31/1971 Bolivia 51199-C 4/2/1991 Brazil 003013529 7/13/1964 Canada 125466 2/16/1962 Chile 351922 6/5/1959 China 503488 11/10/1989 Colombia 44963 12/3/1959 Costa Rica 77072 9/12/1991 Cuba 107546 5/6/1964 Denmark VR195901859 10/10/1959 Ecuador 1372-95 7/11/1960 Finland 40461 3/21/1963 France 1261905 4/20/1959 Germany 775252 6/26/1959 Greece 24454 6/17/1959 Guatemala 48989 8/16/1985 Hong Kong 724/1965 8/28/1962 India 211269 9/13/1962 Iran 19478 6/20/1959 Ireland, Rep. of 72136 5/12/1966 Israel 17813 6/26/1959 Israel 17814 6/26/1959 Italy 374820 6/19/1959 Jamaica 8031 12/8/1959 Japan 638392 3/9/1964 Korea, South 189582 3/19/1990 Malaysia 88/04833 9/19/1988 Mexico 246309 12/13/1979
25 60
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE ---------------------- -------------------- --------------- ------------------- ----------------- Mexico 345651 9/11/1986 New Zealand B71515 8/10/1962 Nicaragua 10061 10/23/1959 Norway 54110 6/17/1959 Pakistan 37565 8/22/1962 Panama 8642 4/12/1965 Paraguay 137393 7/6/1989 Peru 057243 4/29/1985 Portugal 178044 10/4/1962 Puerto Rico 12247 8/30/1962 Romania R2665 11/17/1951 Samoa 1272 6/7/1974 South Africa 88/1405 2/24/1988 Spain 407727 1/9/1963 Spain 407725 1/9/1963 Spain 407724 1/9/1963 Spain 407729 1/15/1963 Spain 407730 3/20/1967 Spain 407728 8/28/1962 Sweden 89544 5/20/1960 Switzerland 320566 1/18/1962 Syria 10572 8/5/1959 Taiwan 354221 1/16/1987 Tanganyika 18466 12/31/1980 Turkey 108317 2/16/1962 Uganda 15291 2/14/1980 UK B839392 9/18/1962 Uruguay 280992 8/31/1964 Venezuela 43704F 2/4/1963 Zanzibar 83/1987 12/19/1980 Zimbabwe B112/88 3/4/1988 Ingersoll- WORTHINGTON China 530869 10/9/1990 Dresser Pump (MANDARIN) Company Ingersoll- WORTHINGTON Malaysia M/82471 5/25/1979 Dresser Pump SIMPSON Malaysia M/82472 5/25/1979 Company Malaysia M/82470 5/25/1979 Singapore S/1348/85 3/28/1985 Singapore S/1349/85 3/28/1985 Singapore 01350 3/28/1985 Singapore 01351 3/28/1985 Singapore 80485 5/23/1979 Singapore 80488 5/23/1979 Singapore 80486 5/23/1979 Singapore 80487 5/23/1979 UK 899194 9/8/1966 UK 899195 9/8/1966 UK 899196 9/8/1966 UK 899197 9/8/1966 Ingersoll- WORTHITE Algeria 044987 6/17/1948 Dresser Pump Company Ingersoll- Dresser X-CAVALLOY Austria 161571 12/31/1995 Pump Company Benelux 581951 8/3/1995
26 61
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE ---------------------- -------------------- --------------- ------------------- ----------------- China 1289361 6/28/1999 Denmark VR015321998 3/27/1998 Finland 212294 12/15/1998 France 95584375 8/10/1995 Germany 39531732 8/2/2005 Italy 730621 9/20/1995 Japan 4312981 9/10/1999 Korea, South 436662 12/30/1998 Mexico 577363 3/9/1998 Norway 190988 6/18/1998 Poland R-103163 8/25/1995 Portugal 311811 7/9/1996 Spain 1980408 8/3/1995 Switzerland 430859 7/28/1995 UK 2028853 3/29/1996 IDP Alternate Energy NONE Company Energy Hydro, Inc. NONE Pump Investments, Inc. NONE
27 62 C. IDP TRADEMARKS 4. NON-U.S. TRADEMARK APPLICATIONS (All Ingersoll-Dresser Pump Company Patents to be assigned to Flowserve Management Company immediately after Closing).
APPLICATION FILING GRANTOR TRADEMARK COUNTRY NUMBER DATE ----------------- ------------- ------------ ----------- ------- Ingersoll-Dresser IDP LOGO Egypt PENDING Pump Company Egypt PENDING Egypt PENDING India PENDING Kuwait PENDING Kuwait PENDING Kuwait PENDING Lebanon PENDING Malaysia PENDING Malaysia PENDING Malaysia PENDING Pakistan PENDING Qatar PENDING Qatar PENDING Qatar PENDING Venezuela PENDING Venezuela PENDING Ingersoll- PLEUGER Bosnia-Herz. PENDING -- Dresser Pump Croatia PENDING Company -- Ingersoll- WORTHINGTON Philippines PENDING Dresser Pump N & W Company (DESIGN) Ingersoll- X-CAVALLOY Brazil PENDING Dresser Pump Canada PUBLISHED Company Czech Republic PUBLISHED India PENDING Romania PENDING Slovak Rep. PENDING South Africa PENDING Sweden PENDING Taiwan PUBLISHED Turkey PENDING Venezuela PUBLISHED IDP Alternate Energy NONE Company Energy Hydro, Inc. NONE Pump Investments, Inc. NONE
28 63 SCHEDULE III TO THE SECURITY AGREEMENT LICENSES -------------------------------------------------------------------------------- PART I A. LICENSES / SUBLICENSES OF FLOWSERVE GRANTORS 1. COPYRIGHTS None 2. PATENTS FLOWSERVE INTERNATIONAL, INC.
DATE OF APPLICATION DATE APPLICATION/PATENT LICENSEE NAME LICENSE/SUBLICENSE TITLE OF U.S. PATENT FILED/ISSUE DATE NUMBER ------------- ------------------ -------------------- ---------------- ------------------ Mitsubishi Heavy 9/24/87 Not Specified Industries United Pumps of Canada, 8/13/91 " Ltd. BW Mechanical Seals 1/1/93 " (S.E.A.) PTE, Ltd. BW/IP de Venezuela S.A. Undated " BW/IP International 1/1/93 " B.V. (Netherlands) BW/IP International, 1/1/93 " Ltd. EMCO Fluid Systems, Inc. 8/1/87 " Borg Warner 1/1/81 " Australia Ltd.
1 64 FLOWSERVE FSD CORPORATION
APPLICATION DATE DATE OF TITLE OF NON-U.S. FILED/ISSUE APPLICATION/PATENT LICENSEE NAME LICENSE/SUBLICENSE PATENT COUNTRY DATE NUMBER ------------------------ ------------------ ----------------- ------- ------------ ------------------- Arabian Seals 12/18/91 Self-Cooled Seal Company Limited Bellows Seal Face Arrangement Bellows Seal Tapered Seat HSB Dura Seal Integral Pumping Device (XRO/RA) Seal Arrangement for Mill Roll Coolant Circulation Tube Bearing Guard Korea Seal Master 1/8/90 Dry Running Co. Ltd. Seal Split Mixer Seal Split Pump Seal Bearing Guard High Performance Split Seal Dry Running Seal Durametallic India Ltd. 11/24/75 Not Specified Petech/Durametallic 6/30/89 Petch Split Seal New Zealand (New Zealand) Ltd. Petech/Durametallic 6/30/89 Thermal Bushing Australia (Australia) Pty Ltd. Integral Pumping Australia Feature Magnetic Seal Australia 1989 4,795,168 Durametallic Asia 9/1/83 Mechanical Seal Malaysia MY-104440A Pte. Ltd.
2 65 3. TRADEMARKS FLOWSERVE INTERNATIONAL, INC.
APPLICATION DATE DATE OF TITLE OF U.S. FILED/REGISTRATION APPLICATION/ LICENSEE NAME LICENSE/SUBLICENSE TRADEMARK DATE REGISTRATION NUMBER ------------- ------------------ ------------- ------------------- ------------------- Mitsubishi Heavy 9/24/87 Not Specified Industries PT BW Mechanical Seals 12/1/93 " Indonesia BW Mechanical Seals 1/1/93 " (S.E.A.) PTE, Ltd. BW/IP de Venezuela S.A. Undated " BW/IP International B.V. 1/1/93 " BW/IP International, 1/1/93 " Ltd. EMCO Fluid Systems, Inc. 8/1/87 " Borg Warner 1/1/81 Australia Ltd.
FLOWSERVE FSD CORPORATION
APPLICATION DATE FILED/ APPLICATION/ LICENSEE NAME AND DATE OF TITLE OF NON-U.S. REGISTRATION REGISTRATION ADDRESS LICENSE/SUBLICENSE TRADEMARK COUNTRY DATE NUMBER Arabian Seals Company 12/18/91 Not Specified Limited Korea Seal Master Co. 1/8/90 " Ltd. Petech/Durametallic 6/30/89 Dura Seal New Zealand 1980 RN B131581 (New Zealand) Ltd. Durametallic New Zealand Durafite New Zealand Petech/Durametallic 6/30/89 Dura Seal Australia 1961 RN A166362 (Australia) Pty Ltd. Durametallic Australia 1974 RN A208222 Dura Lapper Australia Durafite Australia Durametallic Asia 9/1/83 BW Seals Singapore B4733/92 6/24/1992 Pte. Ltd. BW/IP (Stylized) Singapore B4732/92 6/24/1992 Durametallic Singapore RN 61098 1974 Dura Seal Singapore RN 61099 1974 Flowserve Singapore T97/15408H 6/20/1997 Automax Singapore S/9706/93 12/8/1993 Byron Jackson Malaysia M/B73923 1/6/1977 Byron Jackson Malaysia M/B73924 1/6/1997 Durametallic Malayasia RN M/093116 1981 BW/IP (Stylized) Indonesia 280410 10/2/1992
3 66
APPLICATION DATE FILED/ APPLICATION/ LICENSEE NAME AND DATE OF TITLE OF NON-U.S. REGISTRATION REGISTRATION ADDRESS LICENSE/SUBLICENSE TRADEMARK COUNTRY DATE NUMBER ----------------- ------------------ ----------------- ------- ------------ ------------ Byron Jackson Indonesia 403517 11/6/1997 Durametallic Indonesia RN 116961 1997 Dura Seal Indonesia RN 120468 1977 Flowserve Indonesia 432025 2/10/1998 Flowserve Indonesia 432026 2/10/1998 BW/IP (Stylized) Thailand 44725 8/2/1995 Byron Jackson Thailand 55986 1/14/1977 Durametallic Thailand RN 86654 1981 Dura Seal Thailand RN 77295 1981 United Thailand RN TM42107 1995 BW Seals Philippines 58015 5/12/1994 BW/IP (Stylized) Philippines 55437 6/21/1993 Byron Jackson Philippines 35460 3/5/1986 Durametallic Philippines RN 22830 1976 Dura Seal Philippines RN 23124 1976 Durametallic 9/1/89 Not Specified Europe N.V. Durametallic GmbH 1/1/90 Durafite Germany RN 893562 1970 (Germany)
4 67 B. LICENSES / SUBLICENSES OF INVATEC GRANTORS 1. COPYRIGHTS None 2. PATENTS None 3. TRADEMARKS None 5 68 C. LICENSES / SUBLICENSES OF IDP GRANTORS 1. COPYRIGHTS None 2. PATENTS None 3. TRADEMARKS None 6 69 PART 2 -------------------------------------------------------------------------------- A. LICENSES / SUBLICENSES OF FLOWSERVE GRANTORS AS LICENSEE ON DATE HEREOF 1. COPYRIGHTS None 2. PATENTS FLOWSERVE INTERNATIONAL, INC.
DATE OF APPLICATION DATE APPLICATION/PATENT LICENSOR NAME LICENSE/SUBLICENSE TITLE OF U.S. PATENT FILED/ISSUE DATE NUMBER -------------- ------------------ -------------------- ---------------- ------------------ Technip and 9/13/95 Not Specified Snamprogetti S.p.A. BW Mechanical Seals 1/1/91 " Ebara Corporation 11/9/92 "
3. TRADEMARKS FLOWSERVE INTERNATIONAL, INC.
APPLICATION DATE DATE OF TITLE OF U.S. FILED/REGISTRATION APPLICATION/ LICENSOR NAME LICENSE/SUBLICENSE TRADEMARK DATE REGISTRATION NUMBER ------------- ------------------- ------------- ------------------ ------------------- BW/Abahsain Seal Undated Not Specified Company, Ltd. BW Mechanical Seals 1/1/91 " Ebara Corporation 11/9/92 "
7 70 B. LICENSES / SUBLICENSES OF INVATEC GRANTORS AS LICENSEE ON DATE HEREOF 1. COPYRIGHTS None 2. PATENTS None 3. TRADEMARKS None 8 71 B. LICENSES / SUBLICENSES OF IDP GRANTORS AS LICENSEE ON DATE HEREOF 1. COPYRIGHTS None 2. PATENTS None 3. TRADEMARKS None 9 72 SCHEDULE IV TO THE SECURITY AGREEMENT PATENTS A. FLOWSERVE PATENTS 1. U.S. PATENT REGISTRATIONS
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE ------- ----------- ------------- ---------- Flowserve Management HALL EFFECT MONITORING OF BEARINGS 5336996 8/9/1994 Company SUPPORTING A ROTOR WITHIN A STATIONARY HOUSING Flowserve Management METHOD FOR INDUCTION MELTING REACTIVE 4738713 1/4/1994 Company METALS AND ALLOYS (2 RE-EXAMS OF U.S. PATENT NO. 4,738,713) Flowserve Management METHOD FOR INDUCTION MELTING REACTIVE 4738713 4/19/1988 Company METALS AND ALLOYS Flowserve Management POLYMERIC FLUOROCARBON 4312961 1/26/1982 Company ROTOMOLDING/ROTOLINING COMPOSITION Flowserve Management METHOD OF JOINING MATERIALS BY MECHANICAL 4560607 12/24/1985 Company INTERLOCK AND ARTICLE Flowserve Management ADJUSTABLE BALL VALVE 5746417 5/5/1998 Company Flowserve Management PLUG VALVE ASSEMBLY 4055324 10/25/1977 Company Flowserve Management HIGH PERFORMANCE BUTTERFLY VALVE 6029949 2/29/2000 Company Flowserve Management FIRE RESISTANT SEAL FOR FLOW CONTROL VALVE 4373543 2/15/1983 Company Flowserve Management PLUG VALVE 4711264 12/8/1987 Company Flowserve Management LINED CORROSION RESISTANT PUMP 4722664 2/2/1988 Company Flowserve Management SEAL CHAMBER SPLASH GUARD 5807086 9/15/1998 Company Flowserve Management HEAT TREATMENT OF CAST ALPHA / BETA 5900083 5/4/1999 Company METALS AND METAL ALLOYS AND CAST ARTICLES WHICH HAVE BEEN SO TREATED
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GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE ------- ----------- ------------- ---------- Flowserve Management METHOD OF APPARATUS TO FACILITATE THE 5062439 11/5/1991 Company INJECTION OF SEALANT INTO A PRESSURIZED 5052427 10/1/1991 FLUID MEMBER Flowserve Management METHOD OF APPARATUS TO FACILITATE THE RE35116 10/1/1991 Company INJECTION OF SEALANT INTO A PRESSURIZED FLUID MEMBER (Reissue of U.S. 5052427) Flowserve Management FRICTION WELDING 5558265 9/24/1996 Company APPARATUS 5735447 4/7/1998 Flowserve Management MECHANICAL SEAL WITH IMPROVED FACE RING 4,261,581 1981 Company MOUNTING. Flowserve Management CABLE GUIDE FOR A TUBULAR ANODE 4,268,371 1981 Company Flowserve Management THRUST BEARING ARRANGEMENT 4363608 1982 Company Flowserve Management TAPERED SEAL SEAT BETWEEN STATIONARY 4,364,571 1982 Company INSERT AND GLAND Flowserve Management BACK-UP MECHANICAL SEAL 189746 1983 Company Flowserve Management MECHANICAL SEALS FOR USE WITH SLURRY PUMPS 4418919 (RE32646) Issued 1983 Company (RE1988) Flowserve Management IMPROVED MECHANICAL SEAL 4,418,921 1983 Company Flowserve Management IMPROVED MECHANICAL SEAL ASSEMBLY 4426092 1984 Company Flowserve Management MECHANICAL SEAL ASSEMBLY 4448428 1984 Company Flowserve Management VACUUM BREAKER VALVE WITH INTERNALLY 4502503 1985 Company BALANCED DISC. Flowserve Management PUMP-MECHANICAL SEAL CONSTRUCTION WITH 4509773 1985 Company AXIAL ADJUSTMENT MEANS Flowserve Management MECHANICAL SEAL WITH CYLINDRICAL BALANCE 4511149 1985 Company SLEEVE
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GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE ------- ----------- ------------- ---------- Flowserve Management HYDRAULIC PROXIMITY PROBE 4,523,451 1985 Company Flowserve Management SHAFT SEAL 4,538,820 1985 Company Flowserve Management MECHANICAL SEAL ASSEMBLY WITH COOLANT 4,560,173 1985 Company CIRCULATION STRUCTURE Flowserve Management DOUBLE DISC GATE VALVE 4,573,660 1986 Company Flowserve Management IMPROVED MECHANICAL SEAL 4586719 1986 Company Flowserve Management PUMP IMPROVEMENT 4,621,981 1986 Company Flowserve Management ADJUSTABLE STATOR MECHANISM FOR HIGH 4,629,396 1986 Company PRESSURE RADIAL TURBINES AND THE LIKE Flowserve Management MECHANICAL SEAL WITH AUTOMATIC GAP 4,643,437 1987 Company CONVERGENCE CONTROL Flowserve Management IMPROVED MECHANICAL SEAL FOR PUMPS AND 4,653,980 1987 Company METHOD OF FABRICATING SAME Flowserve Management HYDROSTATIC BEARING FOR PUMPS AND THE LIKE 4684318 1987 Company Flowserve Management PUMP CONSTRUCTION 4688990 1987 Company Flowserve Management ADAPTIVE CONTROL SYSTEM FOR MECHANICAL 4,691,276 1987 Company SEAL ASSEMBLY Flowserve Management ISOSTATIC MOLDING AND BONDING 4,701,291 1987 Company Flowserve Management IMPROVER MECHANICAL SEAL FOR PUMPS 4,703,939 1987 Company Flowserve Management PLUG VALVE 4,711,264 1987 Company Flowserve Management MECHANICAL SEAL ASSEMBLY WITH COOLANT 4,721,311 1988 Company CIRCULATION TUBE
3 75
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE ------- ----------- ------------- ---------- Flowserve Management FLUID FLOW CONTROL MEANS FOR PUMPS AND 4,721,435 1988 Company THE LIKE Flowserve Management FACE SEAL WITH AUTOMATIC FACE CONVERGENCE 4722534 1988 Company MEANS Flowserve Management BEARING PROTECTOR 4,743,034 1988 Company Flowserve Management BELLOWS MECHANICAL SEAL WITH INACTIVE 4,744,569 1988 Company DIAPHRAGMS Flowserve Management LOW NOISE PLUG VALVE 4,774,984 1988 Company Flowserve Management PUMP WITH HEAT EXCHANGER 4,775,293 1988 Company Flowserve Management MAGNETIC SEAL ASSEMBLY 4,795,168 1989 Company Flowserve Management MECHANICAL SEAL LUBRICATION IMPROVEMENT 4,804,194 1989 Company Flowserve Management PUMP HOUSING, MOULD PARTS OF A MOULD WALL 4,869,643 Company FOR A PUMP HOUSING AND METHOD OF MANUFACTURING A PUMP HOUSING Flowserve Management BELLOWS SEAL WITH VIBRATION DAMPER 4,890,851 1990 Company Flowserve Management BEARING PROTECTOR WITH SLINGER RING 4,890,941 1990 Company Flowserve Management CROSS-FLOW TRAP 4,923,487 1990 Company Flowserve Management PUMP WITH HEAT EXCHANGER 4,932,836 1990 Company Flowserve Management LIGHTWEIGHT HYDROGEL-BOUND 4,963,515 1990 Company AGGREGATESHAPES AND PROCESS FOR PRODUCING SAME Flowserve Management FLUID HANDLING APPARATUS WITH SHAFT 4,964,646 1990 Company SLEEVE AND EXTENSION Flowserve Management MULTI-ELEMENT, BI-DIRECTIONAL VALVE SEAT 4,968,001 1990 Company
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GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE ------- ----------- ------------- ---------- Flowserve Management FILTER LEAF 4,968,423 1990 Company Flowserve Management MECHANICAL SEAL ASSEMBLY 4,971,337 1990 Company Flowserve Management REDUCTION OF TRANSIENT THERMAL STRESSES 4,997,341 1991 Company IN MACHINE COMPONENTS Flowserve Management HOUSING SEAL CHAMBER BODY 5,035,436 Company Flowserve Management PUMP HOUSING, MOULD PARTS OF A MOULD WALL 5,035,574 1991 Company FOR A PUMP HOUSING AND METHOD OF MANUFACTURING A PUMP HOUSING Flowserve Management REDUCTION OF TRANSIENT THERMAL STRESSES 5,072,608 1991 Company IN MACHINE COMPONENTS Flowserve Management MECHANICAL SEAL 5,076,589 1991 Company Flowserve Management PUMP WITH SEAL PURGE HEATER 5,143,515 1992 Company Flowserve Management PRESSURE RECOVERY SEAL 5,193,974 1993 Company Flowserve Management HEAT EXCHANGER THERMAL SHIELD WITH FLOW 5,246,337 1993 Company GUIDE Flowserve Management BEARING PROTECTION DEVICE 5,290,047 1994 Company Flowserve Management SEMI-CARTRIDGE SEAL 5,294,132 1994 Company Flowserve Management METHOD FOR CONSTRUCTING A PUMPING 5,304,034 1994 Company INSTALLATION Flowserve Management MULTI-STAGE CENTRIFUGAL PUMP 5,340,272 1994 Company Flowserve Management NON-CANTACTING FACE SEAL 5,370,403 1994 Company Flowserve Management BALL VALVE COUPLING 5,386,967 1995 Company
5 77
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE ------- ----------- ------------- ---------- Flowserve Management FLUID FILM SEAL 5,388,843 1995 Company Flowserve Management PUMP WITH MEDIUM TIGHT SHELL AND VENTING 5,435,701 1995 Company MEANS Flowserve Management PUMP WITH MEDIUM TIGHT SHELL AND VENTING 2,274,683 Company MEANS Flowserve Management IMPROVED EFFICIENCY MULTI-STAGE PUMP 5,445,494 1995 Company Flowserve Management SHAFT ALIGNMENT DEVICE 5,479,718 1996 Company Flowserve Management SECONDARY GAS/LIQUID MECHANICAL SEAL 5,487,550 1996 Company ASSEMBLY Flowserve Management DOUBLE GAS BARRIER SEAL 5,498,007 1996 Company Flowserve Management FACE SEAL WITH ANGLED GROOVES 5,531,458 1996 Company Flowserve Management NON-CONTACTING SEAL WITH CENTERING SPRING 5,533,739 1996 Company MOUNTED IN DOVETAILED GROOVED Flowserve Management FACE RING RETAINER ARRANGEMENT FOR 5,551,708 1996 Company MECHANICAL SEAL Flowserve Management ENCLOSURE FOR BRITTLE MECHANICAL SEAL 5,556,110 1996 Company FACE MATERIALS Flowserve Management FACE SEAL WITH ANGLED GROOVES AND SHALLOW 5,556,111 1996 Company ANNULAR GROOVE Flowserve Management MECHANICAL SEAL WITH SPRING DRIVE 5,558,342 1996 Company Flowserve Management MECHANICAL SEAL WITH SPRING DRIVE 2,305,982 Company Flowserve Management SECONDARY SEAL FOR NON-CONTACTING FACE 5,560,622 1996 Company SEAL ASSEMBLY Flowserve Management BACK UP SEAL FOR SEALING BETWEEN A SHAFT 5,562,294 1996 Company AND HOUSING
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GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE ------- ----------- ------------- ---------- Flowserve Management PUMP BOX WITH REPLACABLE EROSION PROTECTOR 5,630,699 1997 Company Flowserve Management VALVE TRIM 5,732,738 1998 Company Flowserve Management GUIDED GATE VALVE 5,704,594 1998 Company Flowserve Management DIAMETRIC PLANE SPLIT MECHANICAL FACE SEAL 5,716,054 1998 Company Flowserve Management FACE SEAL WITH ANGLED GROOVES AND SHALLOW 5,702,110 1997 Company ANNULAR GROOVE Flowserve Management MECHANICAL SEAL WITH CONTROLLER FOR 5,762,342 1998 Company REGULATING FACE CONTACT PRESSURE Flowserve Management SPIRAL GROOVE FACE SEAL 5,722,665 1998 Company Flowserve Management MECHANICAL SEAL FOR WATER PUMP OF HEAVY 5,797,602 1998 Company DUTY VEHICLE Flowserve Management GREASE SEAL 5,803,463 1998 Company Flowserve Management GUIDED GATE VALVE 5,820,106 1998 Company Flowserve Management METHOD FOR FORMING A WAVY FACE RING 5,833,518 1998 Company Flowserve Management GUIDED GATE VALVE 5,836,569 1998 Company Flowserve Management HEAT EXCHANGER BAFFLE DESIGN 5,845,704 1999 Company Flowserve Management DOUBLE GAS SEAL WITH BELLOWS SUPPORTED BY 5,924,697 1999 Company BACKING AND SUPPORT RINGS Flowserve Management DOUBLE GAS SEAL HAVING AN IMPROVED 5,941,531 1999 Company BELLOWS ARRANGEMENT Flowserve Management WAVY FACE RING 5,947,481 1999 Company
7 79
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE ------- ----------- ------------- ---------- Flowserve Management SPLIT MECHANICAL FACE SEAL AND METHOD OF 5,961,122 1999 Company ASSEMBLY THEREOF Flowserve Management HYBRID FLOATING BRUSH SEAL 5,997,004 1999 Company Flowserve FCD VALVE POSITIONER HAVING ADJUSTABLE GAIN 5345856 9/13/1994 Corporation Flowserve FCD LOCKOUT MODULES 5116018 5/26/1992 Corporation 5236172 8/17/1993 Flowserve FCD FLUID VALVES 5566923 10/22/1996 Corporation 5386967 2/7/1995 Flowserve FCD INNER-LOOP VALVE SPOOL POSITIONING 5884894 3/23/1999 Corporation CONTROL APPARATUS Flowserve FCD UNITARY FLUID FLOW PRODUCTION AND CONTROL 5307288 4/26/1994 Corporation SYSTEM Flowserve FCD INTEGRATED PROCESS CONTROL VALVE 5251148 10/5/1993 Corporation Flowserve FCD PNUMATIC VALVE POSITIONER WITH ADJUSTABLE 5974945 11/2/1999 Corporation GAIN Flowserve FCD FLUID PRESSURE MODULATOR 5282489 2/1/1994 Corporation Flowserve FCD ANTI-CAVITATION LOW-NOISE CONTROL VALVE 4567915 2/4/1986 Corporation CAGE TRIM FOR HIGH PRESSURE REDUCING SERVICE IN LIQUID OR GASEOUS FLOW Flowserve RED NONE Corporation Flowserve FSD NONE Corporation Flowserve NONE International, Inc. BW/IP - New Mexico, NONE Inc. Flowserve NONE International, LLC Durametallic NONE Australia Holding Company Flowserve Finance B.V. NONE Flowserve NONE International Limited
8 80 A. FLOWSERVE PATENTS 2. U.S. PATENT APPLICATIONS
PATENT APPLICATION GRANTOR PATENT NAME NUMBER FILING DATE ------- ----------- ------ ----------- Flowserve Management SHAFT GUARD Pending -- Company Flowserve Management HERMATICALLY SEALED PUMP WITH NON-WETTED Pending -- Company MOTOR Flowserve Management PUMP ASSEMBLY INCLUDING INTEGRATED ADAPTER Pending -- Company Flowserve RED NONE Corporation Flowserve FSD NONE Corporation Flowserve NONE International, Inc. BW/IP - New Mexico, NONE Inc. Flowserve NONE International, LLC Durametallic NONE Australia Holding Company Flowserve Finance B.V. NONE Flowserve NONE International Limited
9 81 A. FLOWSERVE PATENTS 3. NON-U.S. PATENT REGISTRATIONS
PATENT GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE ------- ----------- ------- ------ ---------- Flowserve METHOD FOR INDUCTION MELTING Australia 608785 4/18/1991 Management REACTIVE METALS AND ALLOYS Canada 1329990 6/7/1994 Company Japan 2128541 4/25/1997 Flowserve PTFE LINED BEARING GUIDE Canada 1185306 4/9/1985 Management Company Flowserve METHOD OF APPARATUS TO FACILITATE Australia 659607 6/14/1995 Management THE INJECTION OF SEALANT INTO A Company PRESSURIZED FLUID MEMBER Flowserve MECHANICAL SEAL WITH IMPROVED Canada 1,150,744 Management FACE RING MOUNTING. Company Flowserve CABLE GUIDE FOR A TUBULAR ANODE Canada 1,151,592 Management Company Flowserve THRUST BEARING ARRANGEMENT Australia 542077 Management Canada 1,177,511 Company France 82/06671 Germany DE3212985 Holland 189.424 Japan 1,545,335 Switzerland 660,063 UK 2,097,069 Flowserve BACK-UP MECHANICAL SEAL Canada 1629982 Management Jap Company Flowserve MECHANICAL SEALS FOR USE WITH Australia 59595 Management SLURRY PUMPS Australia 571185 Company Canada 1,245,684 Chile 4334.411 European (FR, 0 120 158 GB, DE & NL) Finland 75,910 Finland 78,540 Finland 79,174 Finland 78,539 Japan 1667198 Japan 1634296 Japan 1736046 South Africa 83/6670 Spain 527.055 Spain 529.137
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PATENT GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE ------- ----------- ------- ------ ---------- Flowserve IMPROVED MECHANICAL SEAL Canada 1,193,629 Management Company Flowserve IMPROVED MECHANICAL SEAL ASSEMBLY Canada 1179700 Management European (FR, 0079116 Company DE, NL & GB) Japan 1937277 Flowserve MECHANICAL SEAL ASSEMBLY Canada 1,214,479 Management European (FR, 0 086 561 Company DE, GB, IT & SE) Japan 1751474 Flowserve PUMP-MECHANICAL SEAL CONSTRUCTION Australian 571306 Management WITH AXIAL ADJUSTMENT MEANS Canada 1,262,741 Company Chile 35,365 European (FR, 0 164 177 IT, NL, GB, & DE) Finland 79,897 Japan 1,858,616 South Africa 85/0651 Spain 540.004 Flowserve MECHANICAL SEAL WITH CYLINDRICAL Canada South 1,244,848 Management BALANCE SLEEVE Korea 52236 Company Spain 536.339 Flowserve HYDRAULIC PROXIMITY PROBE Australia 574,394 Management Canada 1212439 Company Flowserve SHAFT SEAL Canada 1,244,849 Management Company Flowserve MECHANICAL SEAL ASSEMBLY WITH Australia 577,241 Management COOLANT CIRCULATION STRUCTURE Canada 1,266,689 Company India 164,831 Mexico 163,522 South Korea 29998 Venezuela 47.826 Flowserve MECHANICAL SEAL ASSEMBLY WITH Canada 1,181,779 Management INTEGRAL PUMPING DEVICE Company
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PATENT GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE ------- ----------- ------- ------ ---------- Flowserve IMPROVED MECHANICAL SEAL Argentina 233.760 Management Australia 566210 Company Australia 574828 Canada 1,245,685 Canada 1,257,308 European- (FR, 0 134 068 NL, CH, GB & DE) European- (FR, 0 177 161 NL, CH, GB & DE) Japan 818323 South Korea 48362 Spain 532.612 Spain 543.022 Flowserve PUMP IMPROVEMENT Germany DE3337839 Management Japan Japan Company Flowserve ADJUSTABLE STATOR MECHANISM FOR Australia 575434 Management HIGH PRESSURE RADIAL TURBINES AND Canada 1,209,049 Company THE LIKE European (FR, 0179 580 NL, CH, GB & DE) Flowserve MECHANICAL SEAL WITH AUTOMATIC UK Management GAP CONVERGENCE CONTROL Germany Company Japan Flowserve CARTRIDGE TYPE ROTARY SHORT SEAL Canada 1,219,887 Management WITH BEARING AND BELLOWS Company Flowserve IMPROVED MECHANICAL SEAL FOR Australia 589205 Management PUMPS AND METHOD OF FABRICATING Canada 1,325,648 Company SAME European (FR, 0 213 888 IT, NL, GB & DE) 162197 Japan 48,575 Venezuela Flowserve HYDROSTATIC BEARING FOR PUMPS AND Canada 1245508 Management THE LIKE European (FR, 0163434 Company NL, SE, CH, GB & DE) Flowserve PUMP CONSTRUCTION Canada 1235606 Management Italy 1175589 Company Spain 535.437
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PATENT GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE ------- ----------- ------- ------ ---------- Flowserve ADAPTIVE CONTROL SYSTEM FOR Argentina 241,549 Management MECHANICAL SEAL ASSEMBLY Australia 580191 Company Canada 1,282,476 China 86106617 European (FR, 0 220 531 DE, GB, NL, IT, CH & ES) Finland 85620 India 167,664 Israel P/80053 Japan 178535 South Africa 86/7396 South Korea 75164 Flowserve IMPROVER MECHANICAL SEAL FOR PUMPS Australia 57720 Management Canada 1,335,112 Company France 86 10016 Flowserve FLUID FLOW CONTROL MEANS FOR Canada 1,255,152 Management PUMPS AND THE LIKE (European (FR, 0 244 082 Company DE, GB, NL, SE & CH) Flowserve BEARING PROTECTOR Brazil P18801288 Management Canada 1,281,757 Company India 168269 Mexico 166,30 Flowserve BELLOWS MECHANICAL SEAL WITH Argentina 239.145 Management INACTIVE DIAPHRAGMS Australia 603426 Company Canada 1,295,642 Europe (DE, 0 312 184 NL, IT, ES & GB) Flowserve PUMP WITH HEAT EXCHANGER Canada 1,332,035 Management Canada 1,319,564 Company Canada 1,332, 034 European 0 283 292 France FR283292 Germany P3872903.2 Japan 1873188 Netherlands NL283292 Spain ES283292 Switzerland CH283292 United Kingdom GB283292 Flowserve MAGNETIC SEAL ASSEMBLY Canada 1,319,715 Management India 169679 Company Mexico 172056 South Korea 55753 Flowserve MECHANICAL SEAL LUBRICATION Canada Management IMPROVEMENT Company
13 85
PATENT GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE ------- ----------- ------- ------ ---------- Flowserve PUMP HOUSING, MOULD PARTS OF A Australia 563,613 Management MOULD WALL FOR A PUMP HOUSING AND Austria 010128B2 Company METHOD OF MANUFACTURING A PUMP Canada 1,221,877 HOUSING Belgium 563,613 EPO 0101628B2 Germany 0101628B2 Great Britain 0101628B2 France 0101628B2 Holland 0101628B2 Italy 0101628B2 Japan 16.17.833 Luxembourg 0101628B2 Sweden 0101628B2 Switzerland 0101626B2 Flowserve BELLOWS SEAL WITH VIBRATION DAMPER Argentina 243,657 Management Australia 620005 Company Brazil P19000187 Mexico 167641 India South Korea Flowserve FILTER LEAF Canadian 1,304,007 Management Company Flowserve MECHANICAL SEAL ASSEMBLY Australia 610397 Management Brazil PI89023781 Company Canada 1312345 Columbia 23758 European 0 345 944 Malaysia MY-104440A South Africa 89/3818 Japan Flowserve HOUSING SEAL CHAMBER BODY Canada 2,020,421 Management Company Flowserve MECHANICAL SEAL Belgium 0 446 531 Management European 0 446 531 Company France 0 446 531 Germany P69025168.8-08 Spain 0 446 531 Switzerland 0 446 531 Japan Flowserve PUMP WITH SEAL PURGE HEATER Management European 0 470 747 Company
14 86
PATENT GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE ------- ----------- ------- ------ ---------- Flowserve IMPROVED EFFICIENCY MULTI-STAGE Belgium Management PUMP UK Company France Germany Netherlands Italy Spain Switzerland Flowserve ENCLOSURE FOR BRITTLE MECHANICAL Europe 0 659 251 Management SEAL FACE MATERIALS France 0 659 251 Company Flowserve FACE SEAL WITH ANGLED GROOVES AND Australia 685,502 Management SHALLOW ANNULAR GROOVE Company Flowserve MECHANICAL SEAL WITH SPRING DRIVE UK 2,305,982 Management Company Flowserve FCD INNER-LOOP VALVE SPOOL EP Published -- Corporation POSITIONING CONTROL APPARATUS Flowserve FCD INTEGRATED PROCESS CONTROL VALVE Australia 653151 6/17/1999 Corporation Brazil Appealed -- Canada Allowed -- Japan 2772159 4/17/1998 France (EP) 0462432 12/9/1998 DE (EP) 69130592.7 12/9/1998 GB (EP) 0462432 12/9/1998 Italy (EP) 0462432 12/9/1998 NL (EP) 0462432 12/9/1998 Flowserve FCD ANTI-CAVITATION LOW-NOISE CONTROL Brazil PI8505165 9/25/1990 Corporation VALVE CAGE TRIM FOR HIGH PRESSURE France (EP) 0174340 5/31/1989 REDUCING SERVICE IN LIQUID OR DE (EP) P3570722.4 5/31/1989 GASEOUS FLOW GB (EP) 01743402.4 5/31/1989 Japan 1780112 8/13/1993 Germany 0174340 Australia 568,054 Canada 1,237,634 Italy 1,214,484 Flowserve RED NONE Corporation Flowserve FSD NONE Corporation Flowserve NONE International, Inc. BW/IP - New NONE Mexico, Inc. Flowserve NONE International, LLC
15 87
PATENT GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE ------- ----------- ------- ------ ---------- Durametallic NONE Australia Holding Company Flowserve NONE Finance B.V. Flowserve NONE International Limited
16 88 A. FLOWSERVE PATENTS 4. NON-U.S. PATENT APPLICATIONS
PATENT APPLICATION FILING GRANTOR PATENT NAME COUNTRY NUMBER DATE ------- ----------- ------- ------ ---- Flowserve METHOD OF APPARATUS TO FACILITATE Canada Pending -- Management THE INJECTION OF SEALANT INTO A Japan Pending -- Company PRESSURIZED FLUID MEMBER Flowserve FRICTION WELDING Canada Pending -- Management APPARATUS IN Pending -- Company Flowserve RED NONE Corporation Flowserve FSD NONE Corporation Flowserve NONE International, Inc. BW/IP - New NONE Mexico, Inc. Flowserve NONE International, LLC Durametallic NONE Australia Holding Company Flowserve NONE Finance B.V. Flowserve NONE International Limited
17 89 B. INVATEC PATENTS 1. U.S. PATENT REGISTRATIONS
PATENT GRANTOR PATENT NAME NUMBER ISSUE DATE ------- ----------- ------ ---------- The Safe Seal Company, Inc. FRICTION WELDING APPARATUS 5,558,265 2/4/94 (Apparatus) The Safe Seal Company, Inc. FRICTION WELDING APPARATUS 5,735,447 9/23/96 (Method) The Safe Seal Company, Inc. METHOD AND APPARATUS TO 5,062,439 6/14/90 FACILITATE THE INJECTION OF SEALANT INTO A PRESSURIZED FLUID MEMBER The Safe Seal Company, Inc METHOD AND APPARATUS TO 5,052,427 9/20/90 FACILITATE THE INJECTION OF RE 35116 SEALANT INTO A PRESSURIZED FLUID MEMBER Innovative Valve NONE Technologies, Inc. Plant Maintenance, Inc. NONE Varco Valve, Inc. NONE Colonial Equipment & NONE Service Co., Inc. CECORP, Inc. NONE DIVT Acquisition-Delaware, NONE LLC DIVT Subsidiary, LLC NONE Southern Valve Service, Inc. NONE L.T. Koppl Industries NONE Harley Industries, Inc. NONE Koppl Company of Arizona NONE Seeley & Jones, Incorporated NONE GSV, Inc. NONE IPSCO-Florida, Inc. NONE International Piping NONE Sevices Company Cypress Industries, Inc. NONE DALCO, LLC NONE Plant Specialties, Inc. NONE Energy Maintenance, Inc. NONE
18 90
PATENT GRANTOR PATENT NAME NUMBER ISSUE DATE ------- ----------- ------ ---------- Preventive Maintenance, Inc. NONE Production Machine NONE Incorporated ICE Liquidating, Inc. NONE Valve Repair of South NONE Carolina, Inc. Flickinger-Benicia Inc. NONE Puget Investments, Inc. NONE Steam Supply & Rubber Co., NONE Inc. Flickinger Company NONE Boyden Inc. NONE Valve Actuation & Repair NONE Company, Inc.
19 91 B. INVATEC PATENTS 2. U.S. PATENT APPLICATIONS NONE 3. NON-U.S. PATENT REGISTRATIONS
GRANTOR PATENT NAME COUNTRY PATENT NUMBER ISSUE DATE ------- ----------- ------- ------------- ---------- The Safe Seal METHOD AND APPARATUS TO Australia 659607 issue date 6/14/95 Company, Inc. FACILITATE THE INJECTION OF SEALANT INTO A PRESSURIZED Europe EP 053839-B1 issue date 6/14/96 FLUID MEMBER Innovative Valve NONE Technologies, Inc. Plant Maintenance, NONE Inc. Varco Valve, Inc. NONE Colonial Equipment NONE & Service Co., Inc. CECORP, Inc. NONE DIVT NONE Acquisition-Delaware, LLC DIVT Subsidiary, LLC NONE Southern Valve NONE Service, Inc. L.T. Koppl NONE Industries Harley Industries, NONE Inc. Koppl Company of NONE Arizona Seeley & Jones, NONE Incorporated GSV, Inc. NONE IPSCO-Florida, Inc. NONE International NONE Piping Sevices Company Cypress Industries, NONE Inc. DALCO, LLC NONE
20 92
GRANTOR PATENT NAME COUNTRY PATENT NUMBER ISSUE DATE ------- ----------- ------- ------------- ---------- Plant Specialties, NONE Inc. Energy Maintenance, NONE Inc. Preventive NONE Maintenance, Inc. Production Machine NONE Incorporated ICE Liquidating, NONE Inc. Valve Repair of NONE South Carolina, Inc. Flickinger-Benicia NONE Inc. Puget Investments, NONE Inc. Steam Supply & NONE Rubber Co., Inc. Flickinger Company NONE Boyden Inc. NONE Valve Actuation & NONE Repair Company, Inc.
21 93 B. INVATEC PATENTS 4. NON-U.S. PATENT APPLICATIONS
PATENT GRANTOR PATENT NAME COUNTRY APPLICATION NUMBER FILING DATE ------- ----------- ------- ------------------ ----------- The Safe Seal FRICTION WELDING Canada pending 2/3/95 Company, Inc. APPARATUS India pending 2/3/95 The Safe Seal METHOD AND APPARATUS TO Japan pending 6/14/91 Company, Inc. FACILITATE THE INJECTION OF SEALANT INTO A PRESSURIZED FLUID MEMBER Innovative Valve NONE Technologies, Inc. Plant Maintenance, NONE Inc. Varco Valve, Inc. NONE Colonial Equipment NONE & Service Co., Inc. CECORP, Inc. NONE DIVT NONE Acquisition-Delaware, LLC DIVT Subsidiary, LLC NONE Southern Valve NONE Service, Inc. L.T. Koppl NONE Industries Harley Industries, NONE Inc. Koppl Company of NONE Arizona Seeley & Jones, NONE Incorporated GSV, Inc. NONE IPSCO-Florida, Inc. NONE International NONE Piping Services Company Cypress Industries, NONE Inc. DALCO, LLC NONE
22 94
PATENT GRANTOR PATENT NAME COUNTRY APPLICATION NUMBER FILING DATE ------- ----------- ------- ------------------ ----------- Plant Specialties, NONE Inc. Energy Maintenance, NONE Inc. Preventive NONE Maintenance, Inc. Production Machine NONE Incorporated ICE Liquidating, NONE Inc. Valve Repair of NONE South Carolina, Inc. Flickinger-Benicia NONE Inc. Puget Investments, NONE Inc. Steam Supply & NONE Rubber Co., Inc. Flickinger Company NONE Boyden Inc. NONE Valve Actuation & NONE Repair Company, Inc.
23 95 C. IDP PATENTS 1. U.S. PATENT REGISTRATIONS (All Ingersoll-Dresser Pump Company Intellectual Property to be assigned to Flowserve Management Company immediately after Closing).
GRANTOR PATENT PATENT NUMBER ISSUE DATE ------- ------ ------------- ---------- Ingersoll- IMPELLAR FOR 2068854 Dresser Pump CENTRIFUGAL 5192193 3/9/1993 Company PUMPS Ingersoll- MAGNETICALLY 5248245 9/28/1993 Dresser Pump COUPLED Company CENTRIFUGAL PUMP WITH IMPROVED COOLING AND LUBRICATION Ingersoll- CENTRIFUGAL 5344285 9/6/1994 Dresser Pump PUMP WITH Company MONOLITHIC DIFFUSER AND RETURN VANE CHANNEL RING MEMBER Ingersoll- CENTRIFUGAL 5456577 10/10/1995 Dresser Pump PUMP WITH Company RESILIENTLY BIASING DIFFUSER Ingersoll- CENTRIFUGAL 5385445 1/31/1995 Dresser Pump PUMP Company Ingersoll- Dresser Pump BUSHING 357030 4/14/1995 Company Ingersoll- CAVITATION 5514329 5/7/1996 Dresser Pump RESISTANT FLUID Company IMPELLERS AND METHOD FOR MAKING SAME Ingersoll- CENTRIFUGAL 5871332 2/16/1999 Dresser Pump PUMP Company Ingersoll- FLUID JET 5816505 10/6/1998 Dresser Pump DECOKING TOOL Company Ingersoll- OPEN BOWL FOR A ALLOWED 11/30/1999 Dresser Pump VERTICAL 5993153 Company TURBINE PUMP
24 96
GRANTOR PATENT PATENT NUMBER ISSUE DATE ------- ------ ------------- ---------- Ingersoll- CONSTANT FLOW CASCADE 5779005 7/14/1998 Dresser Pump LUBRICATION Company SYSTEM Ingersoll- FRONT- REMOVABLE BEARING 5944482 8/31/1999 Dresser Pump HOUSING FOR VERTICAL Company TURBINE PUMP Ingersoll- MULTI-STAGE VERTICAL ALLOWED Dresser Pump TURBINE PUMP Company WITH COMMINUTION Ingersoll- ROTO-DYNAMIC 4375937 3/8/1983 Dresser Pump PUMP WITH Company BACKFLOW RECIRCULATOR Ingersoll- PUMPING APPARATUS 4557669 12/10/1985 Dresser Pump Company Ingersoll- PUMPING SYSTEM 4570833 2/18/1986 Dresser Pump Company Ingersoll- PUMP WITH REPLACEABLE 4614481 9/30/1986 Dresser Pump CARTRIDGE Company Ingersoll- PUMPING SYSTEM WITH 4685592 8/11/1987 Dresser Pump CONTROL VALVE Company Ingersoll- RETURNABLE CONTAINER SYSTEM 4804109 2/14/1989 Dresser Pump Company Ingersoll- DETACHABLE CHEMICAL SPRAYER 4826083 5/2/1989 Dresser Pump Company Ingersoll- QUICK AND DRY 4986304 1/22/1991 Dresser Pump COUPLING 5168897 12/8/1992 Company 5092363 3/3/1992 Ingersoll- JOURNAL BEARING 5683185 11/4/1997 Dresser Pump RETAINER Company SYSTEM WITH ECCENTRIC LOCK Ingersoll- TAMPER EVIDENT 5160054 11/3/1992 Dresser Pump VENT SYSTEM Company FOR CONTAINERS Ingersoll- Dresser Pump COMPACT INTERBOWL ASSEMBLY 5921750 7/13/1999 Company COUPLED FOR VERTICAL
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GRANTOR PATENT PATENT NUMBER ISSUE DATE ------- ------ ------------- ---------- TURBINE PUMPS Ingersoll- FITTING FOR 5186365 2/16/1993 Dresser Pump EMPTYING A Company CONTAINER Ingersoll- SEAL ENGAGING 5184747 2/9/1993 Dresser Pump RING 354681 Company 358988 Ingersoll- SEALLESS PUMP 5297940 3/29/1994 Dresser Pump CORROSION Company DETECTOR Ingersoll- MAGNETICALLY 5269664 12/14/1993 Dresser Pump COUPLED Company CENTRIFUGAL PUMP Ingersoll- PUMP W/FAILURE 5366351 11/12/1994 Dresser Pump RESPONSIVE 5450987 9/19/1995 Company DISCHARGE VALVE Ingersoll- SYSTEM FOR 5638285 6/10/1997 Dresser Pump DISPENSING DRY Company AGRICULTURAL CHEMICALS Ingersoll- METHOD FOR 5737221 4/7/1998 Dresser Pump DISPENSING DRY Company GRANULAR MATERIALS Ingersoll- METERING DEVICE 5524794 6/11/1996 Dresser Pump FOR GRANULAR Company MATERIALS Ingersoll- POWER 5539669 7/23/1996 Dresser Pump SEQUENCING Company METHOD FOR ELECTRO- MECHANICAL DISPENSING DEVICE Ingersoll- ENCAPSULATED 5831364 11/3/1998 Dresser Pump MAGNET CARRIER Company Ingersoll- METHOD FOR 5964028 10/12/1999 Dresser Pump MAKING AN Company ENCAPSULATED MAGNET CARRIER Ingersoll- BEARING AND 5667357 9/16/1997 Dresser Pump Company SEAL PERCOLATOR FOR A CENTRIFUGAL PUMP Ingersoll- CENTRIFUGAL Dresser Pump PUMP Company Ingersoll- PUMP IMPELLER 5605444 2/25/1997 Dresser Pump HAVING SEPARATE Company OFFSET INLET
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GRANTOR PATENT PATENT NUMBER ISSUE DATE ------- ------ ------------- ---------- VANES Ingersoll- CENTRIFUGAL 6012909 1/11/2000 Dresser Pump PUMP WITH AN Company AXIAL-FIELD INTEGRAL MOTOR COOLED BY WORKING FLUID Ingersoll- SYSTEM FOR 5641011 6/24/1999 Dresser TRANSPORTING Pump AND DISPENSING COMPANY GRANULAR MATERIALS (2385- ID-IP and 2450- ID0IP WERE COMBINED INTO THIS DOCKET) Ingersoll- DIAPHRAGM FOR 5951267 9/14/1999 Dresser Pump SEAL-LESS Company INTEGRAL-MOTOR PUMP (PIERCEY FROM KAMAN ELECTRO-MAGNETICS HUSON, MA) Ingersoll- POLYMER-BACKED 6024494 Dresser Pump Company THRUST BEARINGS Ingersoll- TRANSFER VALVE 5687782 11/18/1997 Dresser Pump FOR A GRANULAR Company MATERIALS DISPENSING SYSTEM Ingersoll- INTEGRAL CLOSE 5788473 8/4/1998 Dresser Pump COUPLING FOR A Company ROTARY GEAR PUMP Ingersoll- BUTTONS FOR 5927860 7/27/1999 Dresser Pump PRODUCT Company LUBRICATED THRUST BEARINGS Ingersoll- COLUMN INSERT 4391475 7/15/1983 Dresser Pump Company BEARING HOUSING Ingersoll- FIBER-FILLED 4767277 8/30/1998 Dresser Pump Company POLYMER IMPELLER Ingersoll- LUBRICATION 4466508 8/21/1984 Dresser Pump Company DEVICE Ingersoll- HIGH SPEED 4389160 6/21/1983 Dresser Pump CENTRIFUGAL PUMP
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GRANTOR PATENT PATENT NUMBER ISSUE DATE ------- ------ ------------- ---------- Company AND METHOD FOR OPERATING SAMEAT AT REDUCED NOISE LEVELS Ingersoll- DECOKING TOOL 4738399 4/19/1988 Dresser Pump Company Ingersoll- Dresser Pump SINGLE ACTING PUMP WITH 4762051 8/9/1998 Company DOUBLE ACTING DRIVE Ingersoll- CENTRIFUGAL 4818177 4/4/1989 Dresser Pump Company PUMP WITH INTEGRAL SUCTION VALVE Ingersoll- CENTRIFUGAL 6012909 1/11/2000 Dresser Pump PUMP WITH AN Company AXIAL-FIELD INTEGRAL MOTOR COOLED BY WORKING FLUID IDP Alternate Energy NONE Company Energy Hydro, Inc. NONE Pump Investments, Inc. NONE
28 100 C. IDP PATENTS 2. U.S. PATENT APPLICATIONS (All Ingersoll-Dresser Pump Company Intellectual Property to be assigned to Flowserve Management Company immediately after Closing).
PATENT APPLICATION GRANTOR PATENT NUMBER FILING DATE ------- ------ ------------------ ----------- Ingersoll- FORCED CLOSED-LOOP PENDING Dresser Pump COOLING FOR A SUBMERSIBLE Company PUMP MOTOR Ingersoll- SEAL LESS PENDING Dresser Pump INTEGRAL-MOTOR Company PUMP WITH REGENERATIVE IMPELLER DISK Ingersoll- COMPACT SEAL- PENDING Dresser Pump Company LESS SCREW PUMP Ingersoll- SEALLESS PENDING Dresser Pump MULTIPHASE Company SCREW PUMP-AND- MOTOR PACKAGE IDP Alternate Energy NONE Company Energy Hydro, Inc. NONE Pump Investments, Inc. NONE
29 101 C. IDP PATENTS 3. NON- U.S. PATENT REGISTRATIONS (AllIngersoll-Dresser Pump Company Intellectual Property assigned to Flowserve Management Company immediately after Closing).
PATENT PATENT GRANTOR TITLE COUNTRY NUMBER ISSUE DATE ------- ------ ------- ------ ---------- Ingersoll- CENTRIFUGAL AU 617505 Dresser Pump PUMP CA 1308959 Company DE 3925890 FR 89/10674 GB 2222207 IT 1231299 JP 2097093 Ingersoll- INTEGRAL MOTOR- AU 651399 Dresser Pump PUMP DE 69105211.5 Company EP 0551435 FR 0551435 GB 0551435 IT 0551435 JP 2546943 KR 171871 WO NATIONAL Ingersoll- IMPELLAR FOR CN 92104767.3 Dresser Pump CENTRIFUGAL GB 2256901 Company PUMPS KR 114513 Ingersoll- CENTRIFUGAL CH 689400 Dresser Pump PUMP WITH GB 2283059 Company MONOLITHIC DIFFUSER AND RETURN VANE CHANNEL RING MEMBER Ingersoll- CAVITATION AU 683389 Dresser Pump RESISTANT FLUID CN 95193829.0 Company IMPELLERS AND DE 69502609.7 METHOD FOR EP 0769077 MAKING SAME ES 0769077 FR 0769077 GB 0769077 IT 0769077 MX 190354 NL 0769077 'IW NI-077754 WO NATIONAL ZA 95/5296 Ingersoll- CENTRIFUGAL GB 2290113 Dresser Pump PUMP IT 1275286 Company
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PATENT PATENT GRANTOR TITLE COUNTRY NUMBER ISSUE DATE ------- ------ ------- ------ ---------- Ingersoll- FLUID JET WO NATIONAL Dresser Pump DECOKING TOOL Company QUICK AND DRY JP 2701088 COUPLING Ingersoll- TAMPER EVIDENT VENT SYSTEM JP WO 2811370 NATIONAL Dresser Pump FOR CONTAINERS Company Ingersoll- BEARING AND SEAL GB 2310690 Dresser Pump PERCOLATOR FOR A Company CENTRIFUGAL PUMP Ingersoll- PUMP IMPELLER AU 712130 Dresser Pump HAVING SEPARATE TW NI-097639 Company OFFSET INLET WO NATIONAL VANES Ingersoll- SYSTEM FOR WO NATIONAL Dresser Pump TRANSPORTING Company AND DISPENSING GRANULAR MATERIALS (2385- ID-IP AND 2450- ID0IP WERE COMBINED INTO THIS DOCKET) Ingersoll- LUBE OIL RING CA 1237679 Dresser Pump PUMP Company Ingersoll- HIGH PRESSURE EP 0378645 Dresser Pump RECIPROCATING WO NATIONAL Company PUMP IDP Alternate NONE Energy Company Energy Hydro, Inc. NONE Pump Investments, NONE Inc.
31 103 C. IDP PATENTS 4. NON- U.S. PATENT APPLICATIONS (All Ingersoll-Dresser Pump Company Intellectual Property to be assigned to Flowserve Management Company immediately after Closing).
PATENT APPLICATION GRANTOR PATENT TITLE COUNTRY NUMBER FILING DATE ------- ------------ ------- ------------------ ----------- Ingersoll- CENTRIFUGAL DE PENDING Dresser Pump PUMP WITH JP PENDING Company MONOLITHIC DIFFUSER AND RETURN VANE CHANNEL RING MEMBER Ingersoll- CAVITATION CA PENDING Dresser Pump RESISTANT FLUID IN PENDING Company IMPELLERS AND KR PENDING METHOD FOR MAKING SAME Ingersoll- CENTRIFUGAL CA PENDING Dresser Pump PUMP DE PENDING Company JP PENDING Ingersoll- FLUID JET CA PENDING Dresser Pump DECOKING TOOL EP PUBLISHED Company IN PENDING JP PENDING MX PENDING TW PENDING VE PENDING Ingersoll- DIVERTER VALVE JP PENDING Dresser Pump WITEI CUT-OFF MX PENDING Company AND BLEED NL PENDING FUNCTIONS Ingersoll- OPEN BOWL FOR A VERTICAL JP PENDING Dresser Pump TURBINE PUMP MS PENDING Company NL PENDING CA PENDING EG PENDING TH PENDING Ingersoll- CONSTANT FLOW CASCADE BR PENDING Dresser Pump LUBRICATION CA PENDING Company CN PENDING EP PUBLISHED IN PENDING Ingersoll- FRONT- REMOVABLE BEARING CA PENDING Dresser Pump HOUSING FOR VERTICAL EG PENDING Company TURBINE PUMP TH PENDING
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PATENT APPLICATION GRANTOR PATENT TITLE COUNTRY NUMBER FILING DATE ------- ------------ ------- ------------------ ----------- Ingersoll- FORCED CLOSED- BR PENDING Dresser Pump LOOP COOLING CA PENDING Company FOR A EP PENDING SUBMERSIBLE JP PENDING PUMP MOTOR Ingersoll- COMPACT CA PENDING Dresser Pump INTERBOWL Company ASSEMBLY COUPLED FOR VERTICAL TURBINE PUMPS Ingersoll- MAGNETICALLY COUPLED DE PENDING Dresser Pump CENTRIFUGAL JP PENDING Company PUMP Ingersoll- MATERIAL CA PENDING Dresser Pump DISPENSING SYSTEM Company Ingersoll- POWER CA PENDING Dresser Pump SEQUENCING Company METHOD FOR ELECTRO- MECHANICAL DEVICE Ingersoll- ENCAPSULATED MAGNET CARRIER CA PENDING PENDING Dresser Pump GB Company Ingersoll- BEARING AND CA PENDING Dresser Pump SEAL PERCOLATOR Company FOR A CENTRIFUGAL PUMP Ingersoll- PUMP IMPELLER Dresser Pump HAVING SEPARATE CA PENDING Company OFFSET INLET CN PUBLISHED VANES EP PENDING Ingersoll- CENTRIFUGAL DE PENDING Dresser Pump PUMP WITH AN GB PUBLISHED Company AXIAL-FIELD JP PENDING INTEGRAL MOTOR COOLED Ingersoll- SYSTEM FOR JP PENDING Dresser Pump TRANSPORTING MX PENDING Company AND DISPENSING WO NATIONAL GRANULAR MATERIALS (2385- ID-IP AND 2450- ID0IP WERE COMBINED INTO THIS DOCKET)
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PATENT APPLICATION GRANTOR PATENT TITLE COUNTRY NUMBER FILING DATE ------- ------------ ------- ------------------ ----------- Ingersoll- DIAPHRAGM FOR GB PUBLISHED Dresser Pump SEAL-LESS Company INTEGRAL-MOTOR PUMP (PIERCEY FROM KAMAN ELECTRO-MAGNETICS HUSON, MA) Ingersoll- TRANSFER VALVE CA PENDING Dresser Pump FOR A GRANULAR Company MATERIALS DISPENSING SYSTEM Ingersoll- INTEGRAL CLOSE CA PENDING Dresser Pump COUPLING FOR A Company ROTARY GEAR PUMP Ingersoll- BUTTONS FOR GB PUBLISHED Dresser Pump PRODUCT Company LUBRICATED THRUST BEARINGS Ingersoll- COMPACT SEAL- CA PENDING Dresser Pump LESS SCREW PUMP EP PUBLISHED Company VE PENDING Ingersoll- CENTRIFUGAL DE PENDING Dresser Pump PUMP WITH AN GB PUBLISHED Company AXIAL-FIELD JP PENDING INTEGRAL MOTOR COOLED BY WORKING FLUID IDP Alternate NONE Energy Company Energy Hydro, Inc. NONE Pump Investments, NONE Inc.
34