EX-10.5 324 y93391a1exv10w5.htm EX-10.5 exv10w5
Exhibit 10.5
The taking of this document or any certified copy of it or any other document which constitutes substitute documentation for it, or any document which includes written confirmations or references to it, into Austria as well as printing out any email communication which refers to this document in Austria or sending any email communication to which a PDF scan of this document is attached to an Austrian addressee or sending any email communication carrying an electronic or digital signature which refers to this document to an Austrian addressee may cause the imposition of Austrian stamp duty. Accordingly, keep the original document as well as all certified copies thereof and written and signed references to it outside of Austria and avoid printing out any email communication which refers to this document in Austria or sending any email communication to which a PDF scan of this document is attached to an Austrian addressee or sending any email communication carrying an electronic or digital signature which refers to this document to an Austrian addressee.
     REAFFIRMATION AGREEMENT, dated as of May 4, 2010 (this “Agreement”), among (a) Reynolds Group Holdings Inc. (“RGHI”), (b) Reynolds Consumer Products Holdings Inc., Closure Systems International Holdings Inc., SIG Euro Holding AG & Co. KGAA, SIG Austria Holding GmbH, Closure Systems International B.V., (collectively, the “Borrowers”), (c) Reynolds Group Issuer (Luxembourg) S.A., Reynolds Group Issuer LLC, and Reynolds Group Issuer Inc., (collectively, the “Issuers”), (d) the other Grantors listed on Schedule A hereto (collectively, with RGHI, the Borrowers and the Issuers, the “Reaffirming Parties”), (e) Credit Suisse AG (formerly Credit Suisse), as administrative agent (in such capacity, the “Administrative Agent”) under the Credit Agreement (as defined below), (f) The Bank of New York Mellon, as trustee (in such capacity, the “Trustee”) under the Indenture dated as of November 5, 2009 among Reynolds Group Escrow LLC, Reynolds Group DL Escrow Inc. and The Bank of New York Mellon, as trustee, principal agent, transfer agent, and collateral agent and The Bank of New York Mellon, London Branch, as paying agent (as amended, supplemented or modified, the “Indenture”) and (g) The Bank of New York Mellon and Wilmington Trust (London) Limited as collateral agents (together, the “Collateral Agents”) under the First Lien Intercreditor Agreement (as defined below).
          A. The Administrative Agent, the Trustee, the Collateral Agents and the Reaffirming Parties, among others, have entered into the First Lien Intercreditor Agreement dated as of November 5, 2009, as amended by Amendment No. 1 dated as of January 21, 2010, (the “First Lien Intercreditor Agreement”). Capitalized terms used but not defined herein have the meanings assigned to such terms in the First Lien Intercreditor Agreement and the Credit Agreement, as applicable;
          B. RGHI, the Borrowers, the Guarantors from time to time party thereto (as defined therein), the Lenders from time to time party thereto, the Incremental U.S. Term Lenders (as defined therein) the other Lenders party thereto and the Administrative Agent have entered into the Amendment No. 2 and Incremental Term Loan Assumption Agreement, (the “Assumption Agreement”) dated as of, May 4, 2010, relating to the Credit Agreement dated as of November 5, 2009, (the “Credit Agreement”), among RGHI, the other Borrowers, the Guarantors from time to time party thereto, the Lenders from time to time party thereto and the Administrative Agent;

 


 

          C. The Issuers, the guarantors from time to time party thereto and The Bank of New York Mellon, as trustee, have entered into that certain Indenture, dated as of the date hereof, pursuant to which the Issuers will issue debt securities (the “New Senior Unsecured Notes”);
          D. Certain of the Reaffirming Parties are party to one or more of the Reaffirmed Security Documents (as defined below); and
          E. Each Reaffirming Party expects to realize, or has realized, substantial direct and indirect benefits as a result of the Assumption Agreement becoming effective and the consummation of the transactions contemplated thereby.
          In consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
ARTICLE I
Reaffirmation
          SECTION 1.01. Reaffirmation. (a) Each Reaffirming Party (i) hereby consents to the Assumption Agreement and the transactions contemplated thereby, (ii) agrees that, notwithstanding the effectiveness of the Assumption Agreement, each of the Security Documents set forth on Schedule B hereto to which it is a party (each, a “Reaffirmed Security Document”) continues to be in full force and effect subject to the Legal Reservations, (iii) confirms its respective guarantees, pledges and grants of security interests in the Collateral to the extent provided in the Reaffirmed Security Documents and (iv) acknowledges that each such Reaffirmed Security Document to which it is a party and the First Lien Intercreditor Agreement continue in full force and effect subject to the Legal Reservations and extend, subject to the limitations contained therein, to the Incremental U.S. Term Loans (as defined in the Assumption Agreement), which shall be considered “Credit Agreement Obligations” under the First Lien Intercreditor Agreement.
     (b) Each of the Reaffirming Parties hereby confirms and agrees that, with respect to any Reaffirmed Security Document to which it is a party, the obligations under the Incremental U.S. Term Loans constitute “Obligations” or “Secured Liabilities” or words of similar import as set forth across from and described under the applicable Reaffirmed Security Documents listed in Schedule B.
     (c) Each of the Reaffirming Parties hereby agrees that the Parallel Debt, if any, of such Reaffirming Party created under the First Lien Intercreditor Agreement or under any guarantor joinder to the First Lien Intercreditor Agreement, in effect prior to the date hereof shall continue to be in full force and effect and shall accrue to the benefit of each Collateral Agent (for the benefit of the Secured Parties) and shall continue to apply, as applicable, in relation to all Obligations defined in the First Lien Intercreditor Agreement following the effectiveness of the Assumption Agreement.

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     (d) With respect to this Section 1.01, SIG Combibloc (Schweiz) AG consents and agrees solely to Sections 1.01(a)(i), 1.01(a)(iv) (as relates to the First Lien Intercreditor Agreement) and 1.01(c) herein.
ARTICLE II
Representations and Warranties
          SECTION 2.01. Organization; Powers. Each Reaffirming Party hereby represents and warrants as of the date hereof that such Reaffirming Party (a) is duly organized, validly existing and in good standing (or where applicable the equivalent status in any foreign jurisdiction) under the laws of the jurisdiction of its organization and (b) has the power and authority to execute, deliver and perform its obligations under this Agreement.
          SECTION 2.02. Authorization. Each Reaffirming Party hereby represents and warrants as of the date hereof that the entry by such Reaffirming Party into this Agreement and the transactions contemplated in the Assumption Agreement have been duly authorized by all requisite corporate and/or partnership and, if required, stockholder, works council and partner action.
          SECTION 2.03. Enforceability. Each Reaffirming Party hereby represents and warrants as of the date hereof that this Agreement has been duly executed and delivered by each such Reaffirming Party and, subject to the Legal Reservations, constitutes a legal, valid and binding obligation of such Reaffirming Party enforceable against such Reaffirming Party in accordance with its terms.
          SECTION 2.04. Grantors. RGHI hereby represents and warrants as of the date hereof that, other than the Grantors listed on Schedule C hereto (which are not signatories hereto), the Grantors listed on Schedule A hereto constitute all of the Grantors under the First Lien Intercreditor Agreement existing immediately prior to the date hereof.
ARTICLE III
Miscellaneous
          SECTION 3.01. Notices. All communications and notices hereunder shall be in writing and given as provided in Section 5.01 of the First Lien Intercreditor Agreement.
          SECTION 3.02. Loan Document. This Agreement is a Loan Document (as defined in the Credit Agreement) executed pursuant to the Credit Agreement and shall be construed, administered and applied in accordance with the terms of the Credit Agreement as applicable.
          SECTION 3.03. Effectiveness; Counterparts. This Agreement shall become effective on the date when (i) copies hereof which, when taken together, bear the signatures of each Reaffirming Party, the Collateral Agents, the Administrative Agent and the Trustee shall have been received by each of the Collateral Agents, the Administrative Agent and the Trustee and (ii) the Assumption Agreement has become effective in whole or in part in accordance with

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the terms of Section 6 thereof. This Agreement may not be amended nor may any provision hereof be waived except pursuant to a writing signed by each of the parties hereto. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery by telecopier or other electronic imaging means of an executed counterpart of a signature page to this Agreement shall be effective as delivery of an original executed counterpart of this Agreement.
          SECTION 3.04. No Novation. This Agreement shall not extinguish the obligations for the payment of money outstanding under any Loan Document or discharge or release the priority of any Loan Document or any other security therefor. Nothing herein shall be construed as a substitution or novation of the obligations outstanding under any Loan Document or instruments securing the same, which shall remain in full force and effect. Nothing in or implied by this Agreement or in any other document contemplated hereby shall be construed as a release or other discharge of RGHI, any Borrower, Issuer or other Grantor under any Loan Document from any of its obligations and liabilities thereunder. Each of the Loan Documents shall remain in full force and effect notwithstanding the execution and delivery of this Agreement.
          SECTION 3.05. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
          SECTION 3.06. Austrian Stamp Duty, Etc. The parties hereto agree that the provisions of Sections 9.19 (Place of Performance) and 9.20 (Austria Stamp Duty) of the Credit Agreement (and, if the Credit Agreement is no longer in existence, an equivalent clause in any Additional Agreement) and the provisions of Sections 5.15 (Place of Performance) and 5.16 (Austrian Stamp Duty) of the First Lien Intercreditor Agreement (and, if the First Lien Intercreditor Agreement is no longer in existence, an equivalent clause in any Intercreditor Arrangements) shall apply to this Agreement as if incorporated herein mutatis mutandis.
          SECTION 3.07. No Other Supplement; Confirmation. Except as expressly set forth herein, this Agreement shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Secured Parties under any Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in any Loan Document, all of which shall continue in full force and effect.
          SECTION 3.08. Rights of the Collateral Agents. For the avoidance of doubt, notwithstanding anything contained herein, each of the protections, immunities, rights, indemnities and benefits conferred on the Collateral Agents under the Reaffirmed Security Documents and the First Lien Intercreditor Agreement shall continue in full force and effect and shall apply to this Agreement as if set out in full herein.
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          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the day and year first above written.
         
  REYNOLDS GROUP HOLDINGS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Secretary   
 
STATE OF NEW YORK
COUNTY OF NEW YORK
On the 28th day of April in the year 2010 before me, the undersigned, personally appeared Helen Dorothy Golding, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.
         
     
  /s/ Maria A. Figueroa    
  Name:   Maria A. Figueroa   
     
 
Sworn to before me this 28th day of April, 2010
Notary Public
Printed Name: Maria A. Figueroa
My Commission Expires: September 11, 2013
[Signature Page to Reaffirmation Agreement]

 


 

         
  REYNOLDS CONSUMER PRODUCTS HOLDINGS INC.
 
 
  By:   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Vice President & Secretary   
 
         
  CLOSURE SYSTEMS INTERNATIONAL (BRAZIL) SISTEMAS DE
VEDAÇÃO LTDA.
 
 
  By   /s/ Guilherme Rodrigues Miranda    
    Name:   Guilherme Rodrigues Miranda   
    Title:   Manager   
 
         
  SIG BEVERAGES BRASIL LTDA.
 
 
  By   /s/ Félix Colas Morea    
    Name:   Félix Colas Morea   
    Title:   Manager   
 
         
  SIG COMBIBLOC DO BRASIL LTDA.
 
 
  By   /s/ Ricardo Lança Rodriguez    
    Name:   Ricardo Lança Rodriguez   
    Title:   Manager   
 
     
  By   /s/ Cynthia Peres    
    Name:   Cynthia Peres   
    Title:   CFO   
 

 


 

         
  SIG COMBIBLOC DO BRASIL LTDA.
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Attorney-in-fact   
 
STATE OF NEW YORK
COUNTY OF NEW YORK
On the 4th day of May in the year 2010 before me, the undersigned, personally appeared Chiara Brophy, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.
         
     
  /s/Oran Ebel    
  Name:   Oran Ebel   
     
 
Sworn to before me this 4th day of May, 2010
Notary Public
Printed Name: Oran Ebel
My Commission Expires: April 13, 2013
         
  CSI LATIN AMERICAN HOLDINGS CORPORATION
 
 
  By   /s/ Mark Dunkley    
    Name:   Mark Dunkley   
    Title:   Attorney   
 

 


 

         
  CLOSURE SYSTEMS INTERNATIONAL (CANADA)
LIMITED
 
 
  By   /s/ Mark Dunkley    
    Name:   Mark Dunkley   
    Title:   Authorised Signatory   
 
         
  CLOSURE SYSTEMS INTERNATIONAL DEUTSCHLAND GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 
  CLOSURE SYSTEMS INTERNATIONAL HOLDINGS
(GERMANY) GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 
  SIG BEVERAGES GERMANY GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 
  SIG COMBIBLOC GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 
  SIG COMBIBLOC HOLDING GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 

 


 

         
  SIG COMBIBLOC SYSTEMS GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 
  SIG COMBIBLOC ZERSPANUNGSTECHNIK GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 
  SIG EURO HOLDING AG & CO. KGAA

towards all parties to this Agreement other than SIG Reinag AG, acting through its general partner (Komplementär) SIG Reinag AG
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
         
  towards SIG Reinag AG, acting through its supervisory board (Aufsichtsrat), represented by the chairman of the supervisory board acting as its authorized representative
 
 
  /s/ Rolf Stangl    
  Name:   Rolf Stangl   
  Title:   Chairman of the supervisory board   
 
         
  SIG INFORMATION TECHNOLOGY GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 
  SIG INTERNATIONAL SERVICES GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 
  SIG VIETNAM BETEILIGUNGS GMBH
 
 
  By   /s/ Chiara Brophy    
    Name:   Chiara Brophy   
    Title:   Authorised Signatory   
 

 


 

         
  SIG ASSET HOLDINGS LIMITED
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Authorised Signatory   
 
         
  SIG COMBIBLOC LIMITED
 
 
  By   /s/ Robert Bailey    
    Name:   Robert Bailey   
    Title:   Attorney   
 
         
  CLOSURE SYSTEMS INTERNATIONAL (HONG
KONG) LIMITED
 
 
  By   /s/ Robert Bailey    
    Name:   Robert Bailey   
    Title:   Attorney   
 
         
  CLOSURE SYSTEMS INTERNATIONAL
HOLDINGS (HUNGARY) KFT.
 
 
  By   /s/ Robert Bailey    
    Name:   Robert Bailey   
    Title:   Attorney   
 
  CSI HUNGARY KFT.
 
 
  By   /s/ Robert Bailey    
    Name:   Robert Bailey   
    Title:   Attorney   
 

 


 

         
  BEVERAGE PACKAGING HOLDINGS (LUXEMBOURG)
I S.A., a public limited liability company
(société anonyme) with registered office at
6C Parc d’Activités Syrdall, L-5365 Munsbach,
Grand-Duchy of Luxembourg, registered with
the Luxembourg register of commerce and
companies under number B 128.592
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Authorised Signatory   
 
         
  BEVERAGE PACKAGING HOLDINGS (LUXEMBOURG) II
S.A., a public limited liability company
(société anonyme) with registered office at
6C Parc d’Activités Syrdall, L-5365 Munsbach,
Grand-Duchy of Luxembourg, registered with
the Luxembourg register of commerce and
companies under number B 128.914
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Authorised Signatory   
 
         
  BEVERAGE PACKAGING HOLDINGS (LUXEMBOURG) III
S.À R.L., a private limited liability company
(société à responsabilité limitée) with
registered office at 6C Parc d’Activités
Syrdall, L-5365 Munsbach, Grand-Duchy of
Luxembourg, registered with the Luxembourg
register of commerce and companies under
number B 128.135 and having a share capital
of EUR 404,969,325
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Authorised Signatory   
 

 


 

         
  CLOSURE SYSTEMS INTERNATIONAL
(LUXEMBOURG) S.À R.L., a private limited
liability company (société à responsabilité
limitée
) with registered office at 6C Parc
d’Activités Syrdall, L-5365 Munsbach,
Grand-Duchy of Luxembourg, registered with
the Luxembourg register of commerce and
companies under number B 146.929 and having a
share capital of EUR 33,101,925
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Authorised Signatory   
 
  REYNOLDS CONSUMER PRODUCTS (LUXEMBOURG) S.À
R.L., a private limited liability company
(société à responsabilité limitée) with
registered office at 6C Parc d’Activités
Syrdall, L-5365 Munsbach, Grand-Duchy of
Luxembourg, registered with the Luxembourg
register of commerce and companies under
number B 148.959 and having a share capital
of EUR 1,089,800
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Authorised Signatory   
 

 


 

         
  REYNOLDS GROUP ISSUER
(LUXEMBOURG) S.A., a public limited liability
company (société anonyme) with registered
office at 6C Parc d’Activités Syrdall, L-5365
Munsbach, Grand-Duchy of Luxembourg,
registered with the Luxembourg register of
commerce and companies under number B 148.957
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Authorised Signatory   
 
STATE OF NEW YORK
COUNTY OF NEW YORK
On the 28th day of April in the year 2010 before me, the undersigned, personally appeared Helen Dorothy Golding, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.
         
     
  /s/ Maria A. Figueroa    
  Name:   Maria A. Figueroa   
     
 
Sworn to before me this 28th day of April, 2010
Notary Public
Printed Name: Maria A. Figueroa
My Commission Expires: September 11, 2013

 


 

         
  SIG FINANCE (LUXEMBOURG) S.À R.L., a
private limited liability company (société à
responsabilité limitée
) with registered
office at 6C Parc d’Activités Syrdall, L-5365
Munsbach, Grand-Duchy of Luxembourg,
registered with the Luxembourg register of
commerce and companies under number B 130.835
and having a share capital of EUR 12,500, in
liquidation
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Authorised Signatory   
 
         
  BIENES INDUSTRIALES DEL NORTE, S.A. DE C.V.
 
 
  By   /s/ Mark Dunkley    
    Name:   Mark Dunkley   
    Title:   Attorney-in-fact   
 
         
  CSI EN ENSENADA, S. DE R.L. DE C.V.
 
 
  By   /s/ Mark Dunkley    
    Name:   Mark Dunkley   
    Title:   Attorney-in-fact   
 
         
  CSI EN SALTILLO, S. DE R.L. DE C.V.
 
 
  By   /s/ Mark Dunkley    
    Name:   Mark Dunkley   
    Title:   Attorney-in-fact   
 
         
  CSI TECNISERVICIO, S. DE R.L. DE C.V.
 
 
  By   /s/ Mark Dunkley    
    Name:   Mark Dunkley   
    Title:   Attorney-in-fact   
 
         
  GRUPO CSI DE MEXICO, S. DE R.L. DE C.V.
 
 
  By   /s/ Mark Dunkley    
    Name:   Mark Dunkley   
    Title:   Attorney-in-fact   
 

 


 

         
  TÉCNICOS DE TAPAS INNOVATIVAS, S.A. DE C.V.
 
 
  By   /s/ Mark Dunkley    
    Name:   Mark Dunkley   
    Title:   Attorney-in-fact   
 
         
  CLOSURE SYSTEMS INTERNATIONAL B.V.
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
         
  REYNOLDS CONSUMER PRODUCTS
INTERNATIONAL B.V.
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
         
  REYNOLDS GROUP HOLDINGS LIMITED
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Authorised Signatory   
 
         
  and witnessed by
 
 
  /s/ Jonathan Lubin    
  Name:   Jonathan Lubin   
  Address: [____]
Occupation: Attorney 
 
 

 


 

         
  SIG ALLCAP AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
  SIG COMBIBLOC GROUP AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
  SIG COMBIBLOC PROCUREMENT AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
  SIG COMBIBLOC (SCHWEIZ) AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
  SIG REINAG AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
         
  SIG SCHWEIZERISCHE INDUSTRIE-
GESELLSCHAFT AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
         
  SIG TECHNOLOGY AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 

 


 

         
  CLOSURE SYSTEMS INTERNATIONAL (UK) LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
         
  REYNOLDS CONSUMER PRODUCTS (UK) LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
         
  REYNOLDS SUBCO (UK) LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
  SIG HOLDINGS (UK) LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
  SIG COMBIBLOC LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 

 


 

         
  BAKERS CHOICE PRODUCTS, INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  CLOSURE SYSTEMS INTERNATIONAL
HOLDINGS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Vice President and Secretary   
 
  CLOSURE SYSTEMS INTERNATIONAL INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  CLOSURE SYSTEMS INTERNATIONAL
AMERICAS, INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  CLOSURE SYSTEMS MEXICO HOLDINGS LLC
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 

 


 

         
  CSI MEXICO LLC
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  CSI SALES & TECHNICAL SERVICES INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Vice President and Assistant Secretary   
 
         
  REYNOLDS GROUP HOLDINGS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Secretary   
 


 

         
  REYNOLDS GROUP ISSUER INC.
 
 
  By  /s/ Helen Dorothy Golding    
     Name: Helen Dorothy Golding   
     Title: Secretary   
 
  REYNOLDS GROUP ISSUER LLC
 
 
  By  /s/ Helen Dorothy Golding    
     Name: Helen Dorothy Golding   
     Title: Secretary   
 
STATE OF NEW YORK
COUNTY OF NEW YORK
On the 28th day of April in the year 2010 before me, the undersigned, personally appeared Helen Dorothy Golding, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.
         
     
  /s/ Maria A. Figueroa    
  Name:   Maria A. Figueroa   
     
 
Sworn to before me this 28th day of April, 2010
Notary Public
Printed Name: Maria A. Figueroa
My Commission Expires: September 11, 2013


 

         
  REYNOLDS PACKAGING MACHINERY INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  REYNOLDS CONSUMER PRODUCTS HOLDINGS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Vice President and Secretary   
 
  REYNOLDS CONSUMER PRODUCTS, INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  REYNOLDS FOIL INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  REYNOLDS SERVICES INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Secretary   
 
  SIG COMBIBLOC INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
         
  SIG HOLDING USA, INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  SOUTHERN PLASTICS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 


 

         
  CREDIT SUISSE AG, CAYMAN ISLANDS
BRANCH (formerly known as Credit Suisse,
Cayman Islands Branch), as Administrative
Agent, Eleven Madison Avenue
New York, New York 10010-3629
 
 
  by  /s/ Robert Hetu    
        Name:  Robert Hetu   
     Title: Managing Director   
 
     
  by /s/ Kevin Buddhdew    
     Name: Kevin Buddhdew   
     Title: Associate   
 
STATE OF NEW YORK
COUNTY OF NEW YORK
On the 28th day of April in the year 2010 before me, the undersigned, personally appeared Robert Hetu, Managing Dir., Kevin Buddhdew, Associate, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.
         
     
  /s/ Marjorie E. Bull    
  Name:   Marjorie E. Bull   
     
 
Sworn to before me this 28th day of April, 2010
Notary Public
Printed Name: Marjorie E. Bull
My Commission Expires: 2/20/2011


 

         
  THE BANK OF NEW YORK MELLON, in
its capacity as Collateral Agent
 
 
  by  /s/ Catherine F. Donohue    
     Name: Catherine F. Donohue   
     Title: Vice President   
 
         
  WILMINGTON TRUST (LONDON) LIMITED,
in its capacity as Collateral Agent
 
 
  by  /s/ Elaine Lockhart    
     Name: Elaine Lockhart   
     Title: Relationship Manager   
 


 

         
  REYNOLDS GROUP HOLDINGS LIMITED
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Authorised Signatory   
 
         
  and witnessed by
 
 
  /s/ Jonathan Lubin    
  Name:   Jonathan Lubin   
  Address: [____]
Occupation: Attorney 
 
 
Signature Page to Reaffirmation Agreement


 

         
  SIG ALLCAP AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
  SIG COMBIBLOC GROUP AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
  SIG COMBIBLOC PROCUREMENT AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
  SIG COMBIBLOC (SCHWEIZ) AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
  SIG REINAG AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
Signature Page to Reaffirmation Agreement


 

         
  SIG SCHWEIZERISCHE INDUSTRIE-
GESELLSCHAFT AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
         
  SIG TECHNOLOGY AG
 
 
  By   /s/ Pru Wyllie    
    Name:   Pru Wyllie   
    Title:   Attorney   
 
Signature Page to Reaffirmation Agreement


 

         
  CLOSURE SYSTEMS INTERNATIONAL (UK) LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
         
  REYNOLDS CONSUMER PRODUCTS (UK) LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
         
  REYNOLDS SUBCO (UK) LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
  SIG HOLDINGS (UK) LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
  SIG COMBIBLOC LIMITED
 
 
  By   /s/ Stephen Pardy    
    Name:   Stephen Pardy   
    Title:   Attorney   
 
Signature Page to Reaffirmation Agreement


 

         
  BAKERS CHOICE PRODUCTS, INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  CLOSURE SYSTEMS INTERNATIONAL
HOLDINGS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Vice President and Secretary   
 
  CLOSURE SYSTEMS INTERNATIONAL INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  CLOSURE SYSTEMS INTERNATIONAL
AMERICAS, INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  CLOSURE SYSTEMS MEXICO HOLDINGS LLC
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
Signature Page to Reaffirmation Agreement


 

         
  CSI MEXICO LLC
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  CSI SALES & TECHNICAL SERVICES INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Vice President and Assistant Secretary   
 
         
  REYNOLDS GROUP HOLDINGS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Secretary   
 
Signature Page to Reaffirmation Agreement


 

         
  REYNOLDS GROUP ISSUER INC.
 
 
  By  /s/ Helen Dorothy Golding    
     Name: Helen Dorothy Golding   
     Title: Secretary   
 
  REYNOLDS GROUP ISSUER LLC
 
 
  By  /s/ Helen Dorothy Golding    
     Name: Helen Dorothy Golding   
     Title: Secretary   
 
STATE OF NEW YORK
COUNTY OF NEW YORK
On the 28th day of April in the year 2010 before me, the undersigned, personally appeared Helen Dorothy Golding, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.
         
     
  /s/ Maria A. Figueroa    
  Name:   Maria A. Figueroa   
     
 
Sworn to before me this 28th day of April, 2010
Notary Public
Printed Name: Maria A. Figueroa
My Commission Expires: September 11, 2013
Signature Page to Reaffirmation Agreement


 

         
  REYNOLDS PACKAGING MACHINERY INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  REYNOLDS CONSUMER PRODUCTS HOLDINGS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Vice President and Secretary   
 
  REYNOLDS CONSUMER PRODUCTS, INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  REYNOLDS FOIL INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  REYNOLDS SERVICES INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Secretary   
 
  SIG COMBIBLOC INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
Signature Page to Reaffirmation Agreement


 

         
  SIG HOLDING USA, INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
  SOUTHERN PLASTICS INC.
 
 
  By   /s/ Helen Dorothy Golding    
    Name:   Helen Dorothy Golding   
    Title:   Assistant Secretary   
 
Signature Page to Reaffirmation Agreement


 

         
  CREDIT SUISSE AG, CAYMAN ISLANDS
BRANCH (formerly known as Credit Suisse,
Cayman Islands Branch), as Administrative
Agent, Eleven Madison Avenue
New York, New York 10010-3629
 
 
  by  /s/ Robert Hetu    
        Name:  Robert Hetu   
     Title: Managing Director   
 
     
  by /s/ Kevin Buddhdew    
     Name: Kevin Buddhdew   
     Title: Associate   
 
STATE OF NEW YORK
COUNTY OF NEW YORK
On the 28th day of April in the year 2010 before me, the undersigned, personally appeared Robert Hetu, Managing Dir., Kevin Buddhdew, Associate, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.
         
     
  /s/ Marjorie E. Bull    
  Name:   Marjorie E. Bull   
     
 
Sworn to before me this 28th day of April, 2010
Notary Public
Printed Name: Marjorie E. Bull
My Commission Expires: 2/20/2011
Signature Page to Reaffirmation Agreement


 

         
  THE BANK OF NEW YORK MELLON, in
its capacity as Collateral Agent
 
 
  by  /s/ Catherine F. Donohue    
     Name: Catherine F. Donohue   
     Title: Vice President   
 
Signature Page to Reaffirmation Agreement


 

         
  WILMINGTON TRUST (LONDON) LIMITED,
in its capacity as Collateral Agent
 
 
  by  /s/ Elaine Lockhart    
     Name: Elaine Lockhart   
     Title: Relationship Manager   
 
Signature Page to Reaffirmation Agreement


 

SCHEDULE A
TO REAFFIRMATION AGREEMENT
List of the Reaffirming Parties
     
JURISDICTION   ENTITY
BRAZIL
  Closure Systems International (Brazil) Sistemas de Vedacao Ltda
 
  SIG Beverages Brasil Ltda.
 
  SIG Combibloc do Brasil Ltda
 
   
BRITISH VIRGIN ISLANDS
  CSI Latin American Holdings Corporation
 
   
CANADA
  Closure Systems International (Canada) Limited
 
   
GERMANY
  SIG Euro Holding AG & Co. KGaA
 
  SIG Beverages Germany GmbH
 
  SIG Combibloc Holding GmbH
 
  SIG Vietnam Beteiligungs GmbH
 
  SIG Combibloc GmbH
 
  SIG Combibloc Systems GmbH
 
  SIG Combibloc Zerspanungstechnik GmbH
 
  SIG Information Technology GmbH
 
  SIG International Services GmbH
 
  Closure Systems International Holdings (Germany) GmbH
 
  Closure Systems International Deutschland GmbH
 
   
GUERNSEY
  SIG Asset Holdings Limited
 
   
HONG KONG
  SIG Combibloc Limited
 
  Closure Systems International (Hong Kong) Limited
 
   
HUNGARY
  Closure Systems International Holdings (Hungary) Kft
 
  CSI Hungary Kft
 
   
LUXEMBOURG
  Beverage Packaging Holdings (Luxembourg) I S.A. (“BPH I”)
 
  Beverage Packaging Holdings (Luxembourg) II S.A. (“BPH II”)
 
  Beverage Packaging Holdings (Luxembourg) III S.à.r.l. (“BPH III”)
 
  SIG Finance (Luxembourg) S.à.r.l (“SIG Finance”)
 
  Reynolds Group Issuer (Luxembourg) S.A.(“Lux Issuer”)
 
  Closure Systems International (Luxembourg) S.à.r.l (“CSI Lux”)
 
  Reynolds Consumer Products (Luxembourg) S.à.r.l. (“RCP Lux”)
 
   
MEXICO
  Grupo CSI de Mexico, S. de R.L. de C.V
 
  CSI en Saltillo, S. de R.L. de C.V.
 
  CSI en Ensenada, S. de R.L. de C.V.
 
  CSI Tecniservicio, S. de R.L. de C.V.
 
  Bienes Industriales del Norte, S.A. de C.V.
 
  Técnicos de Tapas Innovativas, S.A. de C.V.
 
   
NETHERLANDS
  Closure Systems International B.V.
 
  Reynolds Consumer Products International B.V.
 
   
NEW ZEALAND
  Reynolds Group Holdings Limited
 
   
SWITZERLAND
  SIG Finanz AG
 
  SIG Combibloc Group AG
 
  SIG Reinag AG

 


 

     
JURISDICTION   ENTITY
 
  SIG Technology AG
 
  SIG allCap AG
 
  SIG Combibloc Procurement AG
 
  SIG Schweizerische Industrie-Gesellschaft AG
 
  SIG Combibloc (Schweiz) AG
 
   
UNITED KINGDOM
  SIG Combibloc Limited
 
  Closure Systems International (UK) Limited
 
  Reynolds Subco (UK) Limited
 
  SIG Holdings (UK) Limited
 
  Reynolds Consumer Products (UK) Limited
 
   
UNITED STATES
  Baker’s Choice Products, Inc.
 
  Closure Systems International Holdings Inc.
 
  Closure Systems International Inc.
 
  Closure Systems Mexico Holdings LLC
 
  CSI Mexico LLC
 
  CSI Sales & Technical Services Inc.
 
  Reynolds Consumer Products Holdings Inc.
 
  Reynolds Consumer Products, Inc.
 
  Reynolds Foil Inc.
 
  Reynolds Group Holdings Inc.
 
  Reynolds Group Issuer LLC
 
  Reynolds Group Issuer Inc.
 
  Reynolds Packaging Machinery Inc.
 
  Reynolds Services Inc.
 
  SIG Combibloc Inc.
 
  SIG Holding USA, Inc.
 
  Southern Plastics Inc.
 
  Closure Systems International Americas, Inc.

 


 

SCHEDULE B
TO THE REAFFIRMATION AGREEMENT
Part I
List of the Reaffirmed Security Documents
Collateral Agent: The Bank of New York Mellon
         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
BRAZIL
  Pledge Agreement over Receivables and other Credit Rights between The Bank of New York Mellon and Closure Systems International (Brazil) Sistemas de Vedação Ltda. dated as of January 29, 2010   “Secured Obligations”
 
       
 
  Accounts Pledge Agreement between The Bank of New York Mellon and Closure Systems International (Brazil) Sistemas de Vedação Ltda. dated as of January 29, 2010    
 
       
 
  Pledge Agreement over Inventory, Equipment and other Assets between The Bank of New York Mellon and Closure Systems International (Brazil) Sistemas de Vedação Ltda. dated as of January 29, 2010    
 
       
 
  Quota Pledge Agreement between The Bank of New York Mellon, Closure Systems International BV, Closure Systems International Holdings Inc. and Closure Systems International (Brazil) Sistemas de Vedação Ltda. dated as of January 29, 2010    
 
       
 
  Accounts Pledge Agreement between The Bank of New York Mellon and SIG Combibloc do Brasil Ltda. dated as of March 30, 2010    
 
       
 
  Pledge Agreement over Receivables and other Credit Rights between The Bank of New York Mellon and SIG Combibloc do Brasil Ltda. dated as of March 30, 2010    
 
       
 
  Quota Pledge Agreement between The Bank of New York Mellon, SIG Austria Holding GmbH and SIG Combibloc do Brasil Ltda. dated as of March 30, 2010    
 
       
 
  Quota Pledge Agreement between The Bank of New York Mellon, SIG Euro Holding AG & Co. KGaA, SIG Beverages Germany GmbH and SIG Beverages Brasil Ltda. dated as of March 30, 2010    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
BRITISH VIRGIN
ISLANDS
  British Virgin Islands’ debenture dated 2 December 2009 granted by CSI Latin American Holdings Corporation.   “Secured Liabilities”
 
       
 
  British Virgin Islands’ share charge dated 2 December 2009 granted by Closure Systems International B.V. over shares in CSI Latin American Holdings Corporation.    
 
       
CANADA
  Canadian General Security Agreement dated as of December 2, 2009 granted by Closure Systems International (Canada) Limited to the Collateral Agent   “Obligations”
 
       
 
  Canadian Pledge Agreement dated as of December 2, 2009 granted by Closure Systems International B.V. to the Collateral Agent    
 
       
GERMANY
  Notarial share pledge agreement dated 5 November 2009 and entered into between by SIG Combibloc Group AG as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees relating to the shares in SIG Combibloc Holding GmbH;   “Obligations”
 
       
 
  Notarial share pledge agreement dated 5 November 2009 and entered into between SIG Euro Holding AG & Co. KGaA as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees relating to the shares in SIG Combibloc Holding GmbH, SIG Combibloc GmbH, SIG Beverages Germany GmbH, SIG International Services GmbH and SIG Information Technology GmbH;    
 
       
 
  Notarial share pledge agreement dated 5 November 2009 and entered into between SIG Combibloc Holding GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees relating to the shares in SIG Combibloc GmbH, SIG Combibloc Systems GmbH and SIG Vietnam Beteiligungs GmbH;    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Notarial share pledge agreement dated 5 November 2009 and entered into between SIG Combibloc Systems GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees relating to the shares in SIG Combibloc Zerspanungstechnik GmbH;    
 
       
 
  Notarial share pledge agreement dated 5 November 2009 and entered into between Closure Systems International B.V. as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees relating to the shares in Closure Systems International Holdings (Germany) GmbH;    
 
       
 
  Notarial share pledge agreement dated 5 November 2009 and entered into between Closure Systems International Holdings (Germany) GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees relating to the shares in Closure Systems International Deutschland GmbH;    
 
       
 
  Non-notarial share pledge agreement dated 5 November 2009 and entered into between SIG Combibloc Group AG as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees relating to the shares (Aktien) in SIG Euro Holding AG & Co. KGaA;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Euro Holding AG & Co. KGaA as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Combibloc Holding GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Combibloc Systems GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Beverages Germany GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Combibloc GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Combibloc Zerspanungstechnik GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Vietnam Beteiligungs GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  International Services GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Information Technology GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  German law account pledge agreement dated 5 November 2009 and entered into between Closure Systems International Holdings (Germany) GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  German law account pledge agreement dated 5 November 2009 and entered into between Closure Systems International Deutschland GmbH as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  German law account pledge agreement dated 5 November 2009 and entered into between Closure Systems International Deutschland Real Estate GmbH & Co. KG (now collapsed into Closure Systems International Deutschland GmbH) as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  German law account pledge agreement dated 5 November 2009 and entered into between SIG Combibloc Group AG as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  German law account pledge agreement dated 5    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  November 2009 and entered into between SIG Finanz AG as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Account pledge agreement dated 5 November 2009 and entered into between SIG Schweizerische Industrie-Gesellschaft AG as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  German law account pledge agreement dated 5 November 2009 and entered into between SIG allCap AG as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee and others as pledgees;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between as SIG Euro Holding AG & Co. KGaA assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between SIG Combibloc Holding GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between SIG Combibloc Systems GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between SIG Beverages Germany GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Global assignment agreement dated 5 November 2009 and entered into between SIG Combibloc GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between SIG Combibloc Zerspanungstechnik GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between SIG Vietnam Beteiligungs GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between SIG International Services GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between SIG Information Technology GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between Closure Systems International Holdings (Germany) GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Global assignment agreement dated 5 November 2009 and entered into between Closure Systems International Deutschland GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Global assignment agreement dated 5 November 2009 and entered into between Closure Systems International Deutschland Real Estate GmbH & Co. KG (now collapsed into Closure Systems International Deutschland GmbH) as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Security transfer agreement dated 5 November 2009 and entered into between SIG Combibloc Systems GmbH as transferor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Security transfer agreement dated 5 November 2009 and entered into between SIG Combibloc GmbH as transferor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Security transfer agreement dated 5 November 2009 and entered into between SIG Combibloc Zerspanungstechnik GmbH as transferor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  Security transfer agreement dated 5 November 2009 and entered into between Closure Systems International Deutschland GmbH as transferor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  IP assignment agreement dated 5 November 2009 and entered into between SIG Combibloc Systems GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  IP assignment agreement dated 5 November 2009 and entered into between SIG Combibloc GmbH as assignor and The Bank of New York Mellon as Collateral Agent;    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Security purpose agreement dated 5 November 2009 and entered into between SIG Combibloc GmbH and Closure Systems International Deutschland Real Estate GmbH & Co. KG (now collapsed into Closure Systems International Deutschland GmbH) as chargors and The Bank of New York Mellon as Collateral Agent relating to certain land charges;    
 
       
 
  German law IP assignment agreement dated 2 December 2009 and entered into between SIG Technology AG as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  German law IP assignment agreement dated 2 December 2009 and entered into between SIG Finanz AG as assignor and The Bank of New York Mellon as Collateral Agent;    
 
       
 
  German law account pledge agreement dated 2 December 2009 and entered into between SIG Combibloc Procurement AG as pledgor and The Bank of New York Mellon as Collateral Agent and pledgee and others as pledgees;    
 
       
 
  Partnership interest pledge agreement dated 29 January 2010 and entered into between SIG Reinag AG as pledgor and The Bank of New York Mellon as Collateral Agent and pledgee and others as pledgees relating to the general partnership interest in SIG Euro Holding AG & Co. KGaA;    
 
       
 
  Non-notarized share pledge agreement dated 5 November 2009 and entered into between SIG Combibloc Group AG as pledgor and The Bank of New York Mellon as Collateral Agent and as pledgee relating to the shares in SIG Euro Holding AG & Co. KGaA    
 
       
JAPAN
  Blanket Security Over Shares Agreement, dated as of 2 December 2009, among The Bank of New York Mellon, as Collateral Agent, the Secured Parties (as defined therein) and Closure Systems International B.V.   “Obligations”

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
LUXEMBOURG
  Luxembourg law share pledge agreement dated 5 November 2009 and entered into between Reynolds Group Holdings Limited as pledgor and the Collateral Agent, such pledge being granted over the shares held by Reynolds Group Holdings Limited in the share capital of BPH I;   “Secured Obligations”
 
       
 
  Luxembourg law share pledge agreement dated 5 November 2009 and entered into between BPH I as pledgor and the Collateral Agent, such pledge being granted over the shares held by BPH I in the share capital of BPH III;    
 
       
 
  Luxembourg law share pledge agreement dated 5 November 2009 and entered into between BPH I as pledgor and the Collateral Agent, such pledge being granted over the shares held by BPH I in the share capital of the Lux Issuer;    
 
       
 
  Luxembourg law share pledge agreement dated 5 November 2009 and entered into between BPH III as pledgor and the Collateral Agent, such pledge being granted over the shares held by BPH III in the share capital of CSI Lux;    
 
       
 
  Luxembourg law share pledge agreement dated 5 November 2009 and entered into between BPH III as pledgor and the Collateral Agent, such pledge being granted over the shares held by BPH III in the share capital of RCP Lux;    
 
       
 
  Luxembourg law pledge over receivables agreement dated 5 November 2009 and entered into by the Lux Issuer as pledgor and the Collateral Agent, such pledge being granted over certain receivables held by the Lux Issuer towards BPH III under a proceeds loan agreement;    
 
       
 
  Luxembourg law pledge over receivables agreement dated 5 November 2009 and entered into between BPH III as pledgor and the Collateral Agent, such pledge being granted over certain receivables held by BPH III towards BPH I;    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Luxembourg law pledge over receivables agreement dated 5 November 2009 and entered into between BPH I as pledgor and the Collateral Agent, such pledge being granted over certain receivables held by BPH I towards BPH III;    
 
       
 
  Luxembourg law pledge over receivables agreement dated 5 November 2009 and entered into between BPH II as pledgor and the Collateral Agent, such pledge being granted over the claims the pledgor owns against BPH I under certain proceeds loans made by BPH II to BPH I;    
 
       
 
  Luxembourg law pledge over receivables agreement dated 5 November 2009 and entered into between SIG Finance as pledgor and the Collateral Agent, such pledge being granted over certain receivables held by SIG Finance towards BPH III and SIG Austria Holding GmbH;    
 
       
 
  Luxembourg law profit participating bond pledge agreement dated 5 November 2009 and entered into between BPH I as pledgor and the Collateral Agent, such pledge being granted over the Bonds (as defined therein) issued by BPH III and held by BPH I;    
 
       
 
  Luxembourg law bank accounts pledge agreement dated 5 November 2009 and entered into between SIG Finance as pledgor and the Collateral Agent over certain bank accounts opened with Société Générale Bank & Trust;    
 
       
 
  Luxembourg law bank accounts pledge agreement dated 5 November 2009 and entered into between CSI Lux as pledgor and the Collateral Agent, over certain bank accounts opened with the Luxembourg Account Bank;    
 
       
 
  Luxembourg law bank accounts pledge agreement dated 5 November 2009 and entered into between BPH I as pledgor and the Collateral Agent, over certain bank accounts opened with the Luxembourg Account Bank;    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Luxembourg law bank accounts pledge agreement dated 5 November 2009 and entered into between BPH III as pledgor and the Collateral Agent, over certain bank accounts opened with the Luxembourg Account Bank;    
 
       
 
  Luxembourg law bank accounts pledge agreement dated 5 November 2009 and entered into between RCP Lux as pledgor and the Collateral Agent, over certain bank accounts opened with the Luxembourg Account Bank;    
 
       
 
  Luxembourg law bank accounts pledge agreement dated 5 November 2009 and entered into between the Lux Issuer as pledgor and the Collateral Agent, over certain bank accounts opened with the Luxembourg Account Bank;    
 
       
 
  Luxembourg law pledge over receivables agreement dated 2 December 2009 and entered into between the Reynolds Group Holdings Limited as pledgor and the Collateral Agent in the presence of BPH I, such pledge being granted over certain receivables held by the Reynolds Group Holdings Limited towards BPH I under an intercompany loan agreement; and    
 
       
 
  Luxembourg law share pledge agreement dated 29 January 2010 and entered into between SIG Asset Holdings Limited as pledgor and the Collateral Agent in the presence of SIG Finance, such pledge to be granted over the shares held by SIG Assets Holdings Limited in the share capital of SIG Finance;    
 
       
 
  Luxembourg law pledge over receivables agreement dated 23 February 2010 and entered into between BPH I as pledgor and the Collateral Agent in the presence of SIG Austria Holding GmbH and SIG Euro Holding AG & Co. KGaA, such pledge being granted over certain receivables held by BPH I towards SIG Austria Holding GmbH and SIG Euro Holding AG & Co. KGaA under certain intercompany loan agreements.    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
MEXICO
  Floating Lien Pledge Agreement (contrato de prenda sin transmisión de posesión) dated January 29, 2010 executed by Grupo CSI de México, S. de R.L. de C.V., CSI en Saltillo, S. de R.L. de C.V., CSI en Ensenada, S. de R.L. de C.V., CSI Tecniservicio, S. de R.L. de C.V., Bienes Industriales del Norte, S.A. de C.V., and Técnicos de Tapas Innovativas, S.A. de C.V. as pledgors and The Bank of New York Mellon acting solely in its capacity as Collateral Agent as pledgee.   “Obligaciones Garantizadas”
 
       
 
  Equity Interests Pledge Agreement (contrato de prenda sobre acciones y partes sociales) dated January 29, 2010 executed by Grupo CSI de México, S. de R.L. de C.V., Closure Systems International B.V., CSI Mexico LLC, CSI en Saltillo, S. de R.L. de C.V., and Closure Systems Mexico Holdings LLC as pledgors, and The Bank of New York Mellon acting solely in its capacity as Collateral Agent as pledgee, with the acknowledgment of Bienes Industriales del Norte, S.A. de C.V., Técnicos de Tapas Innovativas, S.A. de C.V., CSI Tecniservicio, S. de R.L. de C.V., and CSI en Ensenada, S. de R.L. de C.V.    
 
       
 
  Irrevocable Security Trust Agreement (contrato de fideicomiso de garantía) number F/00737, dated January 29, 2010 executed in notarial instrument 31,129 before notary public 218 Mexico City, by CSI en Saltillo, S. de R.L. de C.V. as trustor, The Bank of New York Mellon, S.A., Institución de Banca Múltiple, as trustee, and The Bank of New York Mellon acting solely in its capacity as Collateral Agent, as beneficiary    
 
       
NETHERLANDS
  Notarial deed of pledge of registered shares dated 5 November 2009 between Closure Systems International (Luxembourg) S.à r.l. as pledgor, the Pledgee and Closure Systems International B.V. as the Company;   “Secured Obligations”
 
       
 
  Notarial deed of pledge of registered shares    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  dated 5 November 2009 between Reynolds Consumer Products (Luxembourg) S.à r.l. as pledgor, the Pledgee and Reynolds Consumer Products International B.V. as the Company;    
 
       
 
  Deed of pledge of bank accounts dated 5 November 2009 between Closure Systems International B.V. and Reynolds Consumer Products International B.V. and the Pledgee (as defined therein);    
 
       
NEW ZEALAND
  General security deed (first ranking) dated 5 November 2009 between Reynolds Group Holdings Limited as Chargor and The Bank of New York Mellon in its capacity as Collateral Agent   “Secured Liabilities”
 
       
 
  Specific security deed (first ranking) dated 5 November 2009 between Reynolds Group Holdings Limited as Chargor and The Bank of New York Mellon in its capacity as Collateral Agent    
 
       
UNITED KINGDOM
  Debenture granted by Reynolds Subco (UK) Limited (formerly, BACO Consumer Products Limited) dated December 2, 2009   “Secured Liabilities”
 
       
 
  Share Charge over shares in Closure Systems International (UK) Limited granted by Closure Systems International B.V. dated December 2, 2009    
 
       
 
  Debenture granted by Closure Systems International (UK) Limited dated December 2, 2009    
 
       
 
  Share Charge over the shares in Reynolds Consumer Products (UK) Limited granted by Reynolds Consumer Products International B.V. dated December 2, 2009    
 
       
 
  Debenture granted by Reynolds Consumer Products (UK) Limited dated December 2, 2009    
 
       
 
  Debenture granted by SIG Combibloc Limited dated December 2, 2009    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Share Charge over shares in SIG Holdings (UK) Limited granted by SIG Finanz AG dated December 2, 2009    
 
       
 
  Debenture granted by SIG Holdings (UK) Limited dated December 2, 2009    
 
       
 
  Security over cash agreement granted by CSI Hungary Gyarto es Kereskedelmi Kft in January of Wilmington Trust (London) limited on the collateral agent    
 
       
 
  Security assignment of contractual rights under a global loan agreement dated 5 November 2009 granted by Reynolds Consumer Products International B.V. in favour of The Bank of New York Mellon as collateral agent dated 10 March 2010    
 
       
 
  Security assignment of contractual rights under a global loan agreement dated 5 November 2009 granted by Closure Systems International B.V. in favour of The Bank of New York Mellon as collateral agent dated 10 March 2010    
 
       
 
  Security assignment of contractual rights under a global loan agreement dated 5 November 2009 granted by Closure Systems International (Luxembourg) S.à r.l in favour of The Bank of New York Mellon as collateral agent dated 10 March 2010    
 
       
 
  Security assignment of contractual rights under a global loan agreement dated 5 November 2009 granted by Reynolds Consumer Products (Luxembourg) S.à r.l in favour of The Bank of New York Mellon as collateral agent dated 10 March 2010    
 
       
 
  Security assignment of contractual rights under an Intercompany Loan Agreement (of around EUR (7 million) between Beverage Packaging Holdings (Luxembourg) I.S.A. as lender and SIG Austria Holding GmbH (Austria) dated 23 February 2010    
 
       
 
  English law security assignment of contractual    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  rights dated December 2, 2009 entered into by and between the Collateral Agent and BPH III relating to loans made to SIG Euro Holding AG & Co KGaA and Closure Systems International B.V.    
 
       
 
  English law security assignment of contractual rights agreement dated February 23, 2010 and entered into by and between the Company and the Collateral Agent relating to a receivable owed to the Company by SIG Austria Holding GmbH    
 
       
UNITED STATES
  U.S. Collateral Agreement, dated as of November 5, 2009, among Reynolds Group Holdings, Inc., Reynolds Consumer Products Holdings Inc., Closure Systems International Holdings Inc., Reynolds Group Issuer LLC, Reynolds Group Issuer Inc., each Subsidiary of Holdings from time to time party thereto and The Bank of New York Mellon, as Collateral Agent.   “Obligations”

 


 

SCHEDULE B
TO THE REAFFIRMATION AGREEMENT
Part II
List of the Reaffirmed Security Documents
Collateral Agent: Wilmington Trust
         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
AUSTRIA
  Share pledge agreement dated 4 March 2010 over the shares in SIG Austria Holding GmbH granted by SIG Finanz AG in favour of the Collateral Agent;   “Secured Obligations”
 
       
 
  Share pledge agreement dated 4 March 2010 over the shares in SIG Combibloc GmbH granted by SIG Finanz AG in favour of the Collateral Agent;    
 
       
COSTA RICA
  Pledge of Quotas Agreement, executed by Closure Systems International B.V. This document was executed on January 29, 2010, by Closure Systems International B.V. (as Pledgor) and also by Wilmington Trust (London) Limited (as Pledgee).   “Obligations”
 
       
GERMANY
  An account pledge agreement dated 3 February 2010 entered into between SIG Asset Holdings Limited as pledgor Wilmington Trust (London) Limited as Collateral Agent and as pledgee and others as pledgees   “Obligations”
 
       
GUERNSEY
  Security Interest Agreement over Securities relating to SIG Asset Holdings Limited dated 29 January 2010 and between SIG Combibloc Group AG and Wilmington Trust (London) Limited as Collateral Agent;   “Obligations”
 
       
 
  Security Interest Agreement over Third Party Bank Account of SIG Asset Holdings Limited dated 29 January 2010 and between SIG Asset Holdings Limited and Wilmington Trust (London) Limited as Collateral Agent.    
 
       
HONG KONG
  Security over Shares Agreement dated 25 February 2010 entered into by Closure Systems International B.V. over its shares in Closure Systems International (Hong Kong) Limited   “Secured Liabilities”
 
       
 
  Security over Shares Agreement dated 25 February 2010 entered into by SIG Finanz AG over its shares in SIG Combibloc Limited    
 
       
 
  Debenture granted by Closure Systems International (Hong Kong) Limited dated 25 February 2010    

 


 

         
        Local term covering
        “Obligations” as defined
JURISDICTION   DOCUMENTS   in the FLICA
 
  Debenture granted by SIG Combibloc Limited dated 25 February 2010    
 
       
HUNGARY
  Quota Charge Agreement over quotas in Closure Systems International Holdings (Hungary) Kft granted by Closure Systems International B.V.   “Obligations”
 
       
 
  Quota Charge Agreement over quotas in CSI Hungary Kft granted by Closure Systems International B.V.    
 
       
 
  Floating Charge Agreement granted by Closure Systems International Holdings (Hungary) Kft    
 
       
 
  Bank Account Charge Agreement granted by Closure Systems International Holdings (Hungary) Kft    
 
       
 
  Floating Charge Agreement granted by CSI Hungary Kft    
 
       
 
  Fixed Charge Agreement granted by CSI Hungary Kft    
 
       
 
  Bank Account Charge Agreement granted by CSI Hungary Kft    
 
       
THAILAND
  Share Pledge Agreement in respect of shares in SIG Combibloc Ltd granted by SIG Combibloc Holding GmbH dated 29 January 2010 between SIG Combibloc Holding GmbH as pledgor, Wilmington Trust (London) Limited as collateral agent and the Secured Parties (as defined therein)   “Obligations”

 


 

SCHEDULE C
TO THE REAFFIRMATION AGREEMENT
Excluded Grantors
Austria:
SIG Combibloc GmbH
SIG Combibloc GmbH & Co KG
SIG Austria Holding GmbH
Thailand:
SIG Combibloc Limited
Japan:
Closure Systems International Japan, Ltd.
Closure Systems International Holdings Japan KK
Costa Rica:
CSI Closure Systems Manufacturing de Centro America, Ltda.