EX-10.7 5 d832943dex107.htm AMENDMENT NO. 5 TO CREDIT AGREEMENT AMENDMENT NO. 5 TO CREDIT AGREEMENT

Exhibit 10.7

Execution Version

*** Indicates a portion of the exhibit has been omitted based on a request for confidential treatment submitted to the Securities and Exchange Commission. The omitted portions have been filed separately with the Commission.

AMENDMENT NO. 5 TO CREDIT AGREEMENT

THIS AMENDMENT NO. 5 TO CREDIT AGREEMENT, dated as of December 12, 2014 (this “Amendment”), by and among Cott Corporation Corporation Cott, a corporation organized under the laws of Canada, Cott Beverages Inc., a Georgia corporation, Cliffstar LLC, a Delaware limited liability company, Cott Beverages Limited, a company organized under the laws of England and Wales, and DS Services of America, Inc., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMorgan Chase Bank, N.A., London Branch, as UK Security Trustee, JPMorgan Chase Bank, N.A., as Administrative Agent and Administrative Collateral Agent, and General Electric Capital Corporation, as Co-Collateral Agent, and each of the other parties party hereto. Each capitalized term used herein and not defined herein shall have the meaning ascribed thereto in the Amended Credit Agreement referred to below.

WITNESSETH

WHEREAS, the Borrowers, the other Loan Parties, the Lenders, the Administrative Agent, the UK Security Trustee, the Administrative Collateral Agent, the Co-Collateral Agent, and the other parties party thereto, are parties to that certain Credit Agreement, dated as of August 17, 2010 (as amended by that certain Amendment No. 1 to Credit Agreement, dated as of April 19, 2012, as further amended by that certain Amendment No. 2 to Credit Agreement, dated as of July 19, 2012, as further amended by that certain Amendment No. 3 to Credit Agreement, dated as of October 22, 2013, as further amended by that certain Amendment No. 4 to Credit Agreement, dated as of May 28, 2014, and as may be further amended, restated, supplemented or otherwise modified from time to time prior to the date hereof, the “Credit Agreement”; and as amended by this Amendment, the “Amended Credit Agreement”);

WHEREAS, the Borrowers have requested that the Administrative Agent and the Lenders agree to amend certain provisions of the Credit Agreement in order to (a) increase the aggregate principal amount of the Commitments by $100,000,000 to an aggregate principal amount of $400,000,000 (the “Commitment Increase”), such additional Commitments to be provided by certain Persons listed on Annex I attached hereto (the “Commitment Annex”) that were lenders under the Credit Agreement immediately prior to the Amendment No. 5 Effective Date (the “Existing Lenders”) and may also be provided by certain financial institutions listed on the Commitment Annex that are not Existing Lenders (the “New Lenders” and, together with the Existing Lenders, the “Lenders”), and (b) effect certain other amendments to the Credit Agreement as set forth herein; and

WHEREAS, each Lender, the Administrative Agent, the other Agents, each Issuing Bank, and each Swingline Lender are willing to amend the Credit Agreement on the terms and subject to the conditions set forth herein.


* * * CONFIDENTIAL * * *

 

NOW, THEREFORE, in consideration of the premises set forth above, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each party hereto is willing to agree to amend certain provisions of the Credit Agreement on the terms and subject to the conditions expressly set forth herein.

I. Amendments to Credit Agreement. Effective as of the Amendment No. 5 Effective Date (as defined below), each party hereto hereby agrees that the Credit Agreement shall be and hereby is amended as follows:

1. The introductory paragraph to the Credit Agreement is hereby amended as follows:

(a) by deleting the first and second occurrences of the word “and”,

(b) by adding the phrase “, and as further amended by Amendment No. 5, dated as of December 12, 2014” immediately after the phrase “as of May 28, 2014”, and

(c) by adding the phrase “, and DS SERVICES OF AMERICA, INC., a Delaware corporation (“DS Services”)” immediately after the phrase “COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales”.

2. Section 1.01 of the Credit Agreement is hereby amended by deleting the following definitions in their entirety:

 

  (a) 2009 Indenture”,

 

  (b) 2009 Note Documents”,

 

  (c) 2009 Notes”,

 

  (d) 2009 Notes Call Premium Expense”,

 

  (e) 2010 APA”,

 

  (f) 2010 Earnout”,

 

  (g) 2010 Indenture”,

 

  (h) 2010 Note Documents”,

 

  (i) 2010 Notes”,

 

  (j) 2010 Notes Call Premium Expense”,

 

  (k) 2014 Acquisition Note”,

 

  (l) Average Aggregate Availability”,

 

  (m) BCB European”,

 

2


* * * CONFIDENTIAL * * *

 

  (n) BCB International”,

 

  (o) Caroline”,

 

  (p) Cliffstar Acquisition”,

 

  (q) Cliffstar Companies”,

 

  (r) Cott Acquisition LLC”,

 

  (s) Designated Companies”,

 

  (t) Existing Credit Agreement”,

 

  (u) First Amendment”,

 

  (v) Funding Accounts”,

 

  (w) Luxembourg Reorganization”,

 

  (x) Offering Memorandum”,

 

  (y) Permitted Deferred Consideration”,

 

  (z) Qualified PP&E Appraisal (Equipment)”,

 

  (aa) Qualified PP&E Appraisal (Real Property)” ,

 

  (bb) Reorganization Disclosure Letter”,

 

  (cc) Reorganization Schedule”,

 

  (dd) Replacement Note Documents”, and

 

  (ee) Restructuring”.

3. The defined term “Disclosed Matters” is hereby renamed “Disclosed Matters (2010)”.

4. Section 1.01 of the Credit Agreement is hereby amended by inserting the following new definitions in the appropriate alphabetical order:

(a) “2014 Indenture” means the Indenture, dated as of June 24, 2014, among Cott Beverages, the guarantors from time to time party thereto, and Wells Fargo Bank, National Association, as trustee, paying agent, registrar, transfer agent and authenticating agent.

(b) “2014 Notes Documents” means the 2014 Indenture, the 2014 Notes and all documents relating thereto or executed in connection therewith.

 

3


* * * CONFIDENTIAL * * *

 

(c) “2014 Notes” means the $525,000,000 in original principal amount of Cott Beverages 5.375 % Senior Notes due 2022 issued under the 2014 Indenture.

(d) “Amendment No. 5” means Amendment No. 5 to Credit Agreement, dated as of December 12, 2014, among the Loan Parties party thereto, the Lenders party thereto, the Agents, and the Swingline Lenders and Issuing Banks party thereto.

(e) “Amendment No. 5 Effective Date” has the meaning assigned to such term in Amendment No. 5.

(f) “AML/Anti-Terrorism Laws” has the meaning assigned to such terms in Section 3.23(a).

(g) “Consent Solicitation” has the meaning assigned to such term in Amendment No. 5.

(h) “Consolidated Funded Indebtedness” means, as of any date of determination, without duplication, all Indebtedness of the Borrowers and the Restricted Subsidiaries on a consolidated basis as of such date, excluding (a) Indebtedness described in clauses (d), (e), (k), (l) and (n) of the definition thereof, (b) Indebtedness under undrawn letters of credit, and (c) Guarantees of Indebtedness described in clause (a) or (b) above; provided that the outstanding Indebtedness attributable to any non-wholly owned Restricted Subsidiary shall be included in Consolidated Funded Indebtedness in proportion to the percentage of Equity Interests in such non-wholly owned Restricted Subsidiary owned by the Company and its direct or indirect wholly-owned Restricted Subsidiaries.

(i) “Consolidated Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) EBITDA.

(j) “Cott Unsecured Notes Indenture” means the Indenture, dated as of December 12, 2014, among Cott Beverages, the guarantors from time to time party thereto, and Wells Fargo Bank, National Association, as trustee, paying agent, registrar, transfer agent and authenticating agent.

(k) “Cott Unsecured Notes Documents” means the Cott Unsecured Notes Indenture, the Cott Unsecured Notes and all documents relating thereto or executed in connection therewith.

(l) “Cott Unsecured Notes” means the $625,000,000 in original principal amount of Cott Beverages 6.75% Senior Notes due 2020 issued under the Cott Unsecured Notes Indenture.

(m) “Disclosed Matters (2014)” means the notices of actions, suits and proceedings and the environmental matters set forth in a letter delivered to the Administrative Agent dated as of the Amendment No. 5 Effective Date and made available to the Lenders.

(n) “DS Holdings” means DS Services Holdings, Inc., a Delaware corporation.

 

4


* * * CONFIDENTIAL * * *

 

(o) “Eligible Supplemental Real Property” means (a) the real property of any Original Contributor listed on Schedule 1.01(g)(1) to Amendment No. 5 on the Amendment No. 5 Effective Date and (b) any real property of any Original Contributor designated as Eligible Supplemental Real Property after the Amendment No. 5 Effective Date and prior to the Supplemental Real Property Amortization Trigger Date, which designation shall become effective upon, and shall be evidenced by, the inclusion of, such Eligible Supplemental Real Property in the next succeeding monthly or weekly, as applicable, Borrowing Base Certificate and the Aggregate Borrowing Base Certificate delivered to each Collateral Agent pursuant to Section 5.01(g) after the date of such designation, so long as the requirements set forth in Section V of Amendment No. 5 have been satisfied with respect to such Supplemental Eligible Real Property on or prior to the date of such designation; provided that at no time shall (i) any Eligible Real Property constitute or be designated as Eligible Supplemental Real Property or (ii) the Eligible Supplemental Real Property include any real property not listed on Schedule 1.01(g)(1) or 1.01(g)(2) as in effect on the Amendment No. 5 Effective Date.

(p) “Fourth Canadian Reaffirmation Agreement” means the Canadian law governed Reaffirmation Agreement and Amendment No. 2 to Canadian Security Agreement, dated as of the Amendment No. 5 Effective Date, by and between the Loan Parties party thereto, the Administrative Agent and the Administrative Collateral Agent.

(q) “Fourth U.S. Reaffirmation Agreement” means the U.S. law governed Reaffirmation Agreement and Amendment No. 2 to U.S. Security Agreement, dated as of the Amendment No. 5 Effective Date, by and between the Loan Parties party thereto, the Administrative Agent and the Administrative Collateral Agent.

(r) “Industrial Revenue Bond Documents” means each of (i) the Indenture of Trust by and between The Bank of New York as Trustee and Waller County Industrial Development Corporation dated as of October 1, 1996, (ii) the Loan Agreement by and between Waller County Industrial Development Corporation and DS Services (as successor in interest to McKesson Water Products Company) dated as of October 1, 1996, (iii) the Promissory Note by DS Services (as successor in interest to McKesson Water Products Company) in favor of Waller County Industrial Development Corporation dated as of October 30, 1996, as assigned to The Bank of New York, as trustee under the Indenture of Trust described in clause (i) above, and (iv) all documents related thereto or executed in connection therewith as the same may be amended, restated or supplemented from time to time so long as such amendment, restatement or supplement does not have the effect of increasing the principal amount of Indebtedness or other obligations outstanding thereunder at the time of such amendment, restatement or supplement (other than reasonable fees and expenses incurred with respect to foregoing), and does not result in any Lien securing such Indebtedness or other obligations that extends or attaches to any property or assets of any Loan Party or any of their respective Restricted Subsidiaries.

(s) “Intercreditor Agreement” means that certain Amended and Restated Intercreditor Agreement, dated as of the Amendment No. 5 Effective Date, among the Administrative Agent, the Administrative Collateral Agent, as a credit agreement collateral agent and a first-priority collateral agent, the UK Security Trustee, as a credit agreement collateral agent and a first-priority collateral agent, Wilmington Trust, National Association, as notes collateral agent and second-priority collateral agent, the other first-priority representatives from time to time party thereto, the other second-priority representatives from

 

5


* * * CONFIDENTIAL * * *

 

time to time party thereto, the Company, Cott Beverages, Cott Beverages Limited, Cliffstar, DS Holdings, DS Services, and the other grantors from time to time party thereto, substantially in the form of Exhibit G to Amendment No. 5, as amended, restated, supplemented or otherwise modified from time to time.

(t) “Line Cap” means, at any time, the lesser of (a) the Aggregate Borrowing Base at such time and (b) the Commitments at such time.

(u) “Luxembourg Security Agreement” means that certain Pledge Agreement, dated July 8, 2011, among the Company, the Administrative Collateral Agent and Cott Luxembourg S.à.r.l., and any other pledge or security agreement governed by the laws of Luxembourg and entered into after the Effective Date by any Loan Party (or Restricted Subsidiary that becomes a Loan Party) as required by this Agreement or any other Loan Document for the purpose of creating a Lien on the property of any such Person that is (a) organized in Luxembourg or (b) has property located in Luxembourg, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time.

(v) “Original Contributor” means (a) Star Real Property LLC, solely to the extent it remains a Borrowing Base Guarantor under clause (b) of such definition, and (b) each Original Borrower.

(w) “PP&E Amortization Amount (Adjusted Supplemental Real Property)” means, at the time of any determination occurring on or after the Amendment No. 5 Effective Date, the sum of the PP&E Amortization Amount (Supplemental Real Property) for all Original Contributors plus, on and after the first Business Day of any PP&E Supplemental Real Property Adjustment Period, the result of (x) $39,092,572 minus (y) 75% of the fair market value of all Original Contributors’ Eligible Supplemental Real Property based on the most recent Qualified PP&E Appraisals (Supplemental Real Property) of all each Original Contributor’s Eligible Supplemental Real Property completed prior to such PP&E Supplemental Real Property Adjustment Period.

(x) “PP&E Amortization Amount (Supplemental Real Property)” means, at the time of any determination occurring on or after the Amendment No. 5 Effective Date:

(i) (i) prior to the Supplemental Real Property Amortization Trigger Date, $0; or

(ii) (ii) on or after the Supplemental Real Property Amortization Trigger Date and prior to the first Business Day of the first PP&E Supplemental Real Property Adjustment Period, the product of (x) the result of (I) 75% of the fair market value of such Original Contributor’s Eligible Supplemental Real Property based on the most recent appraisals for all such Original Contributor’s Eligible Supplemental Real Property that satisfy the requirements of Section V of Amendment No. 5 completed prior to the Supplemental Real Property Amortization Trigger Date divided by (II) 120, multiplied by (y) the number of calendar months that have commenced since (and including) the Supplemental Real Property Amortization Trigger Date; or

 

6


* * * CONFIDENTIAL * * *

 

(iii) (iii) on and after the first Business Day of any PP&E Supplemental Real Property Adjustment Period, the product of (x) the result of (I) 75% of the fair market value of such Original Contributor’s Eligible Supplemental Real Property based on the most recent Qualified PP&E Appraisals (Supplemental Real Property) for all such Original Contributor’s Eligible Supplemental Real Property completed prior to such PP&E Supplemental Real Property Adjustment Period divided by (II) (A) 120 minus (B) the number of PP&E Prior Amortized Months for such PP&E Supplemental Real Property Adjustment Period, multiplied by (y) the number of calendar months that have commenced since (and including) the first day of the first month of the current PP&E Supplemental Real Property Adjustment Period.

(y) “PP&E Supplemental Real Property Adjustment Period” means, at any time of determination occurring after the Supplemental Real Property Amortization Trigger Date, the period commencing on the first Business Day of the first full calendar month following the receipt by the Administrative Agent and the Collateral Agents of a Qualified PP&E Appraisal (Supplemental Real Property), and ending on the date immediately prior to the first Business Day of the first full calendar month following the receipt by the Administrative Agent and the Collateral Agents of the next succeeding Qualified PP&E Appraisal (Supplemental Real Property).

(z) “Preferred Stock” means any Equity Interest with preferential right of payment of dividends or upon liquidation, dissolution, or winding up.

(aa) “Qualified PP&E Appraisals (Equipment)” means, after the Supplemental Real Property Amortization Trigger Date, any appraisal and update thereof with respect to any Eligible Equipment (the most recent such appraisal for such equipment, the “Current Equipment Appraisal”), conducted in accordance with the terms of this Agreement from an appraiser selected and engaged by the Administrative Agent, and in each case satisfactory to the Administrative Agent and each Collateral Agent, so long as the result of 85% of the Net Orderly Liquidation Value of the applicable Original Borrower’s Eligible Equipment that is subject to such appraisal based on the results of the Current Equipment Appraisal is less than the value of such Eligible Equipment that is included in the Equipment Component as computed at such time without giving effect to the results of the Current Equipment Appraisal.

(bb) “Qualified PP&E Appraisals (Real Property)” means any appraisal and update thereof with respect to any Eligible Real Property (the most recent such appraisal for such real property, the “Current Real Property Appraisal”), conducted in accordance with the terms of this Agreement from an appraiser selected and engaged by the Administrative Agent, and in each case satisfactory to the Administrative Agent and each Collateral Agent, so long as the result of 75% of the fair market value of the applicable Original Borrower’s Eligible Real Property that is subject to such appraisal based on the results of the Current Real Property Appraisal is less than the value of such Eligible Real Property that is included in the Real Property Component as computed at such time without giving effect to the results of the Current Real Property Appraisal.

 

7


* * * CONFIDENTIAL * * *

 

(cc) “Qualified PP&E Appraisals (Supplemental Real Property)” means any appraisal and update thereof with respect to any Eligible Supplemental Real Property (the most recent such appraisal for such real property, the “Current Supplemental Real Property Appraisal”), conducted in accordance with the terms of this Agreement from an appraiser selected and engaged by the Administrative Agent, and in each case satisfactory to the Administrative Agent and each Collateral Agent, so long as the result of 75% of the fair market value of the applicable Original Contributor’s Eligible Supplemental Real Property that is subject to such appraisal based on the results of the Current Supplemental Real Property Appraisal is less than the value of such Eligible Supplemental Real Property that is included in the Supplemental Real Property Component as computed at such time without giving effect to the results of the Current Supplemental Real Property Appraisal.

(dd) “Replacement Notes Documents” means, with respect to any Replacement Indenture, such Replacement Indenture, the Replacement Notes issued thereunder, and any notes, agreements, indentures or other documents relating thereto or executed in connection therewith.

(ee) “Secured Parties” means, collectively, the Administrative Agent, the Swingline Lenders, the Issuing Banks, the Collateral Agents, the UK Security Trustee, each Lender, each other holder of any Secured Obligations (including any Affiliate of a Lender that holds Banking Services Obligations or Swap Agreement Obligations), and each co-agent or sub-agent appointed by the Administrative Agent pursuant to Article VIII.

(ff) “Supplemental Real Property Amortization Trigger Date” means the earlier of (a) the date that all of the real properties listed on Schedule 1.01(g)(1) and Schedule 1.01(g)(2) are included in the Borrowing Base as Eligible Supplemental Real Property and (b) April 1, 2015, or such later date as may be determined in accordance with Section V of Amendment No. 5.

(gg) “Swap Termination Value” means, in respect of any one or more Swap Agreements, after taking into account the effect of any valid netting agreement relating to such Swap Agreements, (a) for any date on or after the date such Swap Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Swap Agreements (which may include a Lender or any Affiliate of a Lender).

(hh) “Water Accounts Advance Rate” means, prior to the date that the requirements in Section V.5 of Amendment No. 5 are satisfied, (a) on and after the Amendment No. 5 Effective Date until April 30, 2015 or such later date as the Required Lenders agree in their sole discretion, but in any event not to exceed 180 days after the Amendment No. 5 Effective Date unless all Lenders agree in their sole discretion, 75%, or (b) at such time as clause (a) of the definition is not in effect, 0%.

 

8


* * * CONFIDENTIAL * * *

 

(ii) “Water Acquisition” means the acquisition of DSS Group, Inc. by merger with Delivery Acquisition, Inc., with DSS Group, Inc. as the surviving corporation, pursuant to, and on the terms and conditions set forth in, the Water Merger Agreement.

(jj) “Water Group” means DS Services, DS Holdings, Crystal Springs of Alabama Holdings, LLC, a Delaware limited liability company, and DSS Group, Inc., a Delaware corporation.

(kk) “Water Inventory Advance Rate” means, prior to the date that the requirements in Section V.5 of Amendment No. 5 are satisfied, (a) on and after the Amendment No. 5 Effective Date until April 30, 2015 or such later date as the Required Lenders agree in their sole discretion, but in any event not to exceed 180 days after the Amendment No. 5 Effective Date unless all Lenders agree in their sole discretion, 45%, or (b) at such time as clause (a) of the definition is not in effect, 0%.

(ll) “Water Merger Agreement” means that certain Agreement and Plan of Merger, dated as of November 6, 2014, among DSS Group, Inc., the Company, Delivery Acquisition, Inc., and Crestview DSW Investors, L.P., as the sellers’ representative, pursuant to which Delivery Acquisition, Inc. will merge with and into DSS Group, Inc., with DSS Group, Inc. as the surviving corporation, as amended by that certain Consent and Amendment of Merger Agreement, dated as of November 17, 2014, between Crestview DSW Investors, L.P. and the Company, and as further amended by that certain Clarifying Amendment to Merger Agreement, dated as of December 11, 2014, between Crestview DSW Investors, L.P. and the Company.

(mm) “Water Preferred Shares” means the Preferred Stock of the Company (other than Disqualified Stock) with preferential right of payment of dividends or upon liquidation, dissolution, or winding up issued to the sellers pursuant to the Water Merger Agreement as of the Amendment No. 5 Effective Date, in an aggregate initial redemption value of (a) in the case of convertible Preferred Stock, the amount set forth on Schedule 1.01(h) for Water Preferred Shares constituting convertible Preferred Stock and (b) in the case of non-convertible Preferred Stock, the amount set forth on Schedule 1.01(h) for Water Preferred Shares constituting non-convertible Preferred Stock.

(nn) “Water Preferred Shares Documents” means (i) the amendment to the Company’s articles of amalgamation filed with Industry Canada on or about December 11, 2014, which includes the terms of the Series A Convertible First Preferred Shares attached to the Water Merger Agreement as Exhibit F-1 and the terms of Series B Non-Convertible First Preferred Shares attached to the Water Merger Agreement as Exhibit F-2, (ii) the Registration Rights Agreement for Series A Convertible First Preferred Shares and Common Shares, dated as of December 12, 2014, by and among the Company and the designated holders named therein, in the form attached to the Water Merger Agreement as Exhibit H-1, (iii) the Registration Rights Agreement for Series B Non-Convertible First Preferred Shares, dated as of December 12, 2014, by and among the Company and the designated holders named therein, in the form attached to the Water Merger Agreement as Exhibit H-2, and (iv) the Director Designation Agreement, dated as of December 12, 2014, between the Company and Crestview DSW Investors, L.P., as Sellers’ Representative, in the form attached to the Water Merger Agreement as Exhibit I.

 

9


* * * CONFIDENTIAL * * *

 

(oo) “Water Secured Notes Indenture” means that certain Indenture, dated as of August 30, 2013, among DS Services of America, Inc., the guarantors party thereto and Wilmington Trust, National Association, as trustee and collateral agent, as amended by the Supplemental Indenture dated as of August 30, 2013, that certain Second Supplemental Indenture dated as of December 2, 2014 and that certain Third Supplemental Indenture dated as of December 12, 2014.

(pp) “Water Secured Notes Documents” means the Water Secured Notes Indenture, the Water Secured Notes and all documents (including, but not limited to, any documents now existing or entered into after the Amendment No. 5 Effective Date that create (or purport to create) Liens on any assets or properties of any Loan Party to secure any “Obligations” under and as defined in the Water Secured Notes Indenture), relating thereto or executed in connection therewith, so long as such Liens are at all times (a) junior in priority to the Liens securing the Secured Obligations and (b) subject to the Intercreditor Agreement.

(qq) “Water Secured Notes” means the $350,000,000 in original principal amount of DS Services 10% Senior Secured Notes due 2021 issued under the Water Secured Notes Indenture.

(rr) “Water Secured Notes Collateral Agent” means Wilmington Trust, National Association, as collateral agent under the Water Secured Notes Indenture.

(ss) “Water Transactions” means (a) the consummation of the Water Acquisition simultaneously or substantially concurrently with the closing and effectiveness of Amendment No. 5 on the Amendment No. 5 Effective Date, (b) the consummation of the Consent Solicitation and the effectiveness of the Water Secured Notes Documents on or prior to the Amendment No. 5 Effective Date, (c) on the Amendment No. 5 Effective Date, the closing and effectiveness of Amendment No. 5 and the other Loan Documents required to be entered into pursuant to the terms thereof, the making of Revolving Loans hereunder, the application of proceeds thereof to the Water Acquisition, and the issuance of back-to-back Letters of Credit hereunder as collateral support for the letters of credit listed on Schedule 6.01 issued by BMO Harris Bank N.A. for the account of members of the Water Group, (d) on the Amendment No. 5 Effective Date, the issuance of the Cott Unsecured Notes pursuant to the terms of the Cott Unsecured Notes Documents and the application of proceeds thereof to the Water Acquisition, (e) on the Amendment No. 5 Effective Date, the issuance of the Water Preferred Shares pursuant to the terms of the Water Preferred Shares Documents, and (f) the payment of all fees, costs and expenses incurred in connection with the foregoing.

5. The definition of “Aggregate Availability” is hereby amended by deleting the term “Borrowers” and replacing it with the phrase “Borrowing Base Contributors”.

6. The definition of “Aggregate Borrowing Base” is hereby deleted and replaced with the following definition:

““Aggregate Borrowing Base” means the aggregate of the Borrowing Bases of all of the Borrowing Base Contributors; provided that (i) the maximum amount of the Borrowing Base of the Borrowing Base Contributors organized under the laws of Canada which may be included as part of the Aggregate Borrowing Base is the

 

10


* * * CONFIDENTIAL * * *

 

Canadian Sublimit; (ii) the maximum amount of the Borrowing Base of the Borrowing Base Contributors organized under the laws of England and Wales which may be included as part of the Aggregate Borrowing Base is the UK Sublimit and (iii) the maximum amount of Inventory of all Borrowing Base Contributors which may be included as part of the Aggregate Borrowing Base is $275,000,000.”

7. The definition of “Aggregate Borrowing Base Certificate” is hereby amended by adding the phrase “to Amendment No. 5” immediately after the phrase “Exhibit B-2”.

8. The definition of “Amendment No. 2” is hereby amended

(a) by deleting the word “and” immediately after the phrase “the Lenders party thereto,” and

(b) by adding the phrase “, and the Swingline Lenders and Issuing Banks party thereto” immediately after the phrase “the Agents”.

9. The definition of “Amendment No. 3” is hereby amended by deleting the phrase “and the Administrative Agent” and replacing it with the phrase “the Agents, and the Swingline Lenders and Issuing Banks party thereto”.

10. The definition of “Amendment No. 4” is hereby amended by deleting the phrase “and the Administrative Agent” and replacing it with the phrase “the Agents, and the Swingline Lenders and Issuing Banks party thereto”.

11. The definition of “Applicable Commitment Fee Rate” is hereby amended

(a) by deleting each reference to the word “month” and replacing it with the word “quarter”,

(b) by adding the phrase “of the aggregate Commitments” immediately after each reference of the phrase “50%”, and

(c) by adding the phrase “(determined on the last day of the most recent calendar quarter then ended)” immediately after the phrase “end of each calendar month”.

12. The definition of “Applicable Rate” is hereby deleted in its entirety and replaced with the definition:

““Applicable Rate” means, for any day, with respect to any ABR Loan, Canadian Prime Loan, Eurodollar Loan, CDOR Loan, or Overnight LIBO Loan, as the case may be, the applicable rate per annum set forth below under the caption “ABR Spread”, “Canadian Prime Spread”, “Eurodollar Spread”, “CDOR Spread” or “Overnight LIBO Spread”, as the case may be, based upon the Total Leverage Ratio of the Company and its Restricted Subsidiaries on a consolidated basis as set forth in the most recent annual or quarterly Compliance Certificate received by the Administrative Agent pursuant to Section 5.01(d); provided that from and after the Amendment No. 5 Effective Date through and

 

11


* * * CONFIDENTIAL * * *

 

until the date on which the Administrative Agent receives a Compliance Certificate pursuant to Section 5.01(d) for the second full calendar quarter ended after the Amendment No. 5 Effective Date, the “Applicable Rate” shall be the applicable per annum rate set forth in the table immediately below for pricing Category 2.

 

Consolidated Leverage Ratio

   ABR
Spread
    Canadian
Prime Spread
    Eurodollar
Spread
    CDOR
Spread
    Overnight
LIBO Spread
 

Category 1

£ 4.0:1

     0.00     0.00     1.50     1.50     1.50

Category 2

£ 5.0:1 but

> 4.0:1

     0.25     0.25     1.75     1.75     1.75

Category 3

> 5.0:1

     0.50     0.50     2.00     2.00     2.00

For purposes of the foregoing, except as set forth in the proviso to the immediately preceding sentence, any increase or decrease in the Applicable Rate resulting from a change in the Consolidated Leverage Ratio shall become effective as of the first Business Day immediately following the date an annual or quarterly Compliance Certificate is delivered pursuant to Section 5.01(d), provided that, notwithstanding anything in this Agreement to the contrary, the Consolidated Leverage Ratio for purposes of determining the Applicable Rate shall be deemed to be in Category 3 (A) at any time that an Event of Default has occurred and is continuing or (B) at the option of the Administrative Agent or at the request of the Required Lenders if the Borrowers fail to deliver the annual or quarterly Compliance Certificate required to be delivered by them pursuant to Section 5.01(d), during the period from the first Business Day after the date on which such Compliance Certificate was required to be delivered until the date on which such Compliance Certificate is delivered.”.

13. The definition of “Average Utilization” is hereby amended by adding the phrase “, expressed as a percentage of aggregate Commitments” immediately after the phrase “Revolving Exposure of all Lenders during such period”.

14. The definition of “Borrowing Base” is hereby amended

(a) by inserting a colon immediately after the phrase “the sum of”,

(b) in clause (a) thereof, by adding the phrase “(or, prior to the date that the requirements in Section V.5 of Amendment No. 5 are satisfied, in the case of Eligible Accounts of the members of the Water Group that are Borrowing Base Contributors, the Water Accounts Advance Rate)”,

(c) by inserting a colon immediately after the phrase “the lesser of”,

(d) in clause (b)(i) thereof, by adding the phrase “(x)” immediately after the phrase “Borrowing Base Contributor’s Eligible Inventory (or,”,

 

12


* * * CONFIDENTIAL * * *

 

(e) in clause (b)(i) thereof, by adding the phrase “and (y) prior to the date that the requirements in Section V.5 of Amendment No. 5 are satisfied, in the case of Eligible Inventory of the members of the Water Group that are Borrowing Base Contributors, the Water Inventory Advance Rate”,

(f) in clause (b)(i) thereof, by inserting a comma immediately after “at such time”,

(g) in clause (b)(ii) thereof, by adding the proviso “; provided that, prior to the date that the requirements in Section V.5 of Amendment No. 5 are satisfied, this clause (ii) shall not apply to the Eligible Inventory of the members of the Water Group that are Borrowing Base Contributors” immediately after the phrase “at such time”,

(h) in clause (c) thereof, by adding the phrase “(without duplication of any Reserves included under clause (d) below)” immediately after the phrase “Borrowing Base Contributor”,

(i) in clause (d) thereof, by deleting the word “Borrower’s” and replacing it with “Contributor’s”,

(j) in the first proviso after clause (d) thereof, by adding the phrase “(other than the assets acquired pursuant to the Water Acquisition, which assets are subject to the requirements in Section V.5 of Amendment No. 5)” immediately after the phrase “Section 6.04”,

(k) in the first proviso after clause (d) thereof, by deleting the phrase “(including the assets of each Designated Company)”,

(l) in the second proviso of clause (d) thereof, by adding the phrase “(other than the assets acquired pursuant to the Water Acquisition, which assets are subject to the requirements in Section V.5 of Amendment No. 5 and the advance rates described in clauses (a) and (b) of this definition)” immediately after the phrase “Section 6.04”, and

(m) in clause (d) thereof, by deleting the amount “$175,000,000” and replacing it with the amount “$275,000,000”.

15. The definition of “Borrowing Base Certificate” is hereby amended by adding the phrase “to Amendment No. 5” immediately after the phrase “Exhibit B-1”.

16. The definition of “Borrowing Base Contributor” is hereby amended by adding the phrase “(subject to the restrictions set forth in clause (b) of such definition)” at the end of the definition thereof.

17. The definition of “Borrowing Base Guarantor” is hereby amended

(a) by deleting the phrase “Amendment No. 4” and replacing it with the phrase “Amendment No. 5”,

(b) by deleting the phrase “none of the Loan Guarantors and (b)” and replacing it with the following phrase:

 

13


* * * CONFIDENTIAL * * *

 

“Aimia Foods Limited and Calypso Soft Drinks Limited, (b) as of the Amendment No. 5 Effective Date, Star Real Property LLC solely with respect to that certain parcel of real property located at 1 Cliffstar Ave, Dunkirk, New York, solely to the extent that the requirements under Section V of Amendment No. 5 have been satisfied with respect to such parcel of real property on or prior to the Supplemental Real Property Amortization Trigger Date, and only for so long as such parcel of real property constitutes Eligible Supplemental Real Property; provided that no other assets of Star Real Property LLC shall be included in the PP&E Component or in the Borrowing Base unless and until the requirements set forth in clause (c) hereof have been satisfied with respect to Star Real Property LLC and such other assets, and (c)”, and

(c) by adding the phrase “this clause (c) and solely in the case of” immediately after the phrase “provided that, solely in the case of”.

18. The definition of “Canadian Security Agreement” is hereby deleted in its entirety and replaced with the following:

““Canadian Security Agreement” means that certain Canadian Pledge and Security Agreement, dated as of August 17, 2010, between the Loan Parties party thereto and the Administrative Collateral Agent, for the benefit of the Administrative Collateral Agent and the Lenders, as amended on the Amendment No. 2 Effective Date by the First Canadian Reaffirmation Agreement, as further amended on the Amendment No. 5 Effective Date by the Fourth Canadian Reaffirmation Agreement, as the same may be further amended, restated, supplemented or otherwise modified from time to time, and any other pledge or security agreement entered into, after the Effective Date by any other Loan Party (as required by this Agreement or any other Loan Document for the purpose of creating a Lien on the property of any Loan Party organized in Canada (or any other property located therein)), or any other Person, as the same may be amended, restated, supplemented, or otherwise modified from time to time.”.

19. The definition of “Capital Expenditures” is hereby amended by adding the following sentence at the end of such definition:

“Notwithstanding anything in this definition to the contrary, for purposes of calculating Capital Expenditures for any period of four consecutive fiscal quarters, Capital Expenditures for the fiscal quarter ended (A) March 31, 2014 shall be deemed to be $27,000,000, (B) June 30, 2014 shall be deemed to be $30,000,000, (C) September 30, 2014 shall be deemed to be $36,400,000, and (D) December 31, 2014 shall be deemed to be $16,900,000.”.

20. The definition of “Change in Control” is hereby amended

(a) by deleting each reference to the phrase “the 2010 Indenture or the Replacement Indenture” and replacing them with the phrase “any Water Preferred Shares Document, 2014 Notes Document, Water Secured Notes Document, Cott Unsecured Notes Document, Replacement Notes Document” and

 

14


* * * CONFIDENTIAL * * *

 

(b) by deleting the phrase “change in control” and replacing it with the phrase “Change of Control”.

21. The definition of “Cliffstar Deposit Accounts” is hereby deleted in its entirety and replaced with the following:

““Cliffstar Deposit Accounts” means the following deposit accounts maintained at Harris Bank, N.A.: (i) account number 1550159, (ii) account number 4606473, and (iii) each replacement account opened by Cliffstar LLC at Harris Bank, N.A. for any of the foregoing.”.

22. The definition of “Collateral Documents” is hereby amended by adding the phrase “the Intercreditor Agreement,” immediately after the phrase “the Mortgages,”.

23. The definition of “Commitment” is hereby amended

(a) by deleting each reference to the phrase “Amendment No. 3 Effective Date” and replacing them with the phrase “Amendment No. 5 Effective Date” and

(b) by deleting the amount “$300,000,000” and replacing it with the amount “$400,000,000”.

24. The definition of “Commitment Schedule” is hereby amended by deleting the phrase “hereto” and replacing it with “to Amendment No. 5”.

25. The definition of “Customer List” is hereby amended by deleting the phrase “state the customer’s name, physical mailing address and phone number” and replacing it with the phrase “be in form and substance satisfactory to the Administrative Agent”.

26. The definition of “Defaulting Lender” is hereby amended by adding the following phrase to the end of the definition thereof:

“; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender.”.

27. The definition of “Disqualified Equity Interests” is hereby amended

(a) in clause (a) thereof, by adding the phrase “other than solely for Qualified Equity interests” immediately after the phrase “mandatorily redeemable”,

(b) in clause (b) thereof, by deleting the phrase “July 19, 2017” and replacing it with the phrase “the date that is 91 days after the latest Maturity Date”, and

 

15


* * * CONFIDENTIAL * * *

 

(c) by adding the following phrase:

“, except, in the case of each of the foregoing, as a result of a change of control or asset sale, so long as the rights of the holders thereof upon the occurrence of such a change of control or asset sale event are subject to the prior payment in full of all Secured Obligations and the termination of the Commitments. The Water Preferred Shares shall not constitute Disqualified Equity Interests for purposes of the Loan Documents”

immediately after the phrase “in full payment of all Obligations”.

28. The definition of “Disqualified Payables” is hereby deleted and replaced with the following definition:

““Disqualified Payables” means, for all Borrowing Base Contributors, (i) trade payables of such Borrowing Base Contributor organized under the laws the United States, any state thereof or the District of Columbia which have been unpaid for more than 60 days after the due date thereof and (ii) trade payables of such Borrowing Base Contributor organized under the laws of Canada or England and Wales which remain unpaid for a period in excess of the historic payables practice of such Borrowing Base Contributor, in each case, as determined by the Administrative Agent in its Permitted Discretion and excluding trade payables being contested or disputed by such Borrowing Base Contributor in good faith.”.

29. The definition of “EBITDA” is hereby amended

(a) in clause (a)(viii) thereof, by deleting the phrase “the 2009 Notes Call Premium Expense and the 2010 Notes Call Premium Expense” and replacing it with “any purchase price premiums above par or any call premiums incurred in connection with the purchase or redemption by the Company of the Water Preferred Shares, the 2014 Notes, the Water Secured Notes, the Cott Unsecured Notes or any Replacement Notes”,

(b) in clause (a)(viii) thereof, by deleting the word “and” immediately after the phrase “for such period”,

(c) by adding the following clause immediately after clause (a)(ix) thereof:

“(x) any non-capitalized fees and expenses (including legal, accounting and financing costs) incurred in connection with the negotiation and closing of the Water Merger Agreement, the Consent Solicitation, the Water Secured Notes Documents, Amendment No. 5, the Cott Unsecured Notes Documents and the Water Preferred Shares Documents,”, and

(d) by adding the following sentence to the end of such definition:

“Notwithstanding anything in this definition to the contrary, for purposes of calculating EBITDA for any period of four consecutive fiscal quarters, EBITDA

 

16


* * * CONFIDENTIAL * * *

 

for the fiscal quarter ended (A) March 31, 2014 shall be deemed to be $68,800,000, (B) June 30, 2014 shall be deemed to be $99,700,000, (C) September 30, 2014 shall be deemed to be $92,300,000, and (D) December 31, 2014 shall be deemed to be the sum of (1) $50,700,000 with respect to the EBITDA of the Water Group and their respective Subsidiaries plus (2) EBITDA for such fiscal quarter calculated in accordance with this definition solely with respect to the Company and its Subsidiaries (other than the Water Group and their respective Subsidiaries).”.

30. The definition of “Eligible Accounts” is hereby amended

(a) by adding the phrase “, the Administrative Collateral Agent” immediately after each occurrence of the phrase “Administrative Agent” in clauses (a) and (b) thereof,

(b) in clause (b)(ii) thereof, by deleting the word “and” immediately after the phrase “UK Security Trustee, as applicable” and replacing it with a comma,

(c) by deleting the semicolon at the end of clause (b)(iii) thereof, and replacing it with the following:

“(iv) a Lien in favor of the Water Secured Notes Collateral Agent under the Water Secured Notes Documents that is at all times (x) junior in priority to the Lien in favor of the Administrative Agent, the Administrative Collateral Agent or the UK Security Trustee, as applicable and (y) subject to the Intercreditor Agreement;”, and

(d) in clause (l) thereof, by deleting the amount “$3,000,000” and replacing it with the amount “$5,000,000”.

31. The definition of “Eligible Equipment” is hereby amended

(a) by adding the phrase “(other than a member of the Water Group)” each reference to the phrase “Original Borrower” in clauses (i) and (ii) of such definition immediately preceding clause (a) of such definition,

(b) in clause (b) thereof, by adding the phrase “(i)” immediately after the phrase “(except for”,

(c) in the parenthetical in clause (b) thereof, by deleting the first occurrence of the word “and” and replacing it with the phrase “(ii)”,

(d) in clause (b) thereof, by adding the following phrase:

“and (iii) a Lien in favor of the Water Secured Notes Collateral Agent under the Water Secured Notes Documents that is at all times (x) junior in priority to the Lien in favor of the Administrative Collateral Agent or the UK Security Trustee, as applicable and (y) subject to the Intercreditor Agreement” immediately after the phrase “not yet due and payable”, and

 

17


* * * CONFIDENTIAL * * *

 

(e) in clause (f) thereof, by deleting the phrase “and, the 2010 Note Documents or Replacement Note” and replacing it with the phrase “, the 2014 Notes Documents, the Water Secured Notes Documents, the Cott Unsecured Notes Documents, or the Replacement Notes”.

32. The definition of “Eligible Inventory” is hereby amended

(a) in clause (b) thereof, by deleting the word “and” immediately after the seconder occurrence of the phrase “as applicable”,

(b) in clause (b) thereof, by adding the phrase:

“and (iv) a Lien in favor of the Water Secured Notes Collateral Agent under the Water Secured Notes Documents that is at all times (x) junior in priority to the Lien in favor of the Administrative Agent, the Administrative Collateral Agent or the UK Security Trustee, as applicable and (y) subject to the Intercreditor Agreement”

immediately after the phrase “not yet due and payable”, and

(c) in clause (i) thereof, by adding the phrase at the end of the clause thereof:

“(it being understood that the Intercreditor Agreement as in effect on the Amendment No. 5 Effective Date (or other intercreditor agreement acceptable to the Administrative Agent that has similar access terms) shall satisfy this requirement with respect to the mortgages granted in favor of the Water Secured Notes Collateral Agent under the Water Secured Notes Documents)”.

33. The definition of “Eligible Real Property” is hereby amended by

(a) by deleting the second reference of the phrase “(a)” and replacing it with the phrase “(A)”,

(b) by deleting the second reference of the phrase “(b)” and replacing it with the phrase “(B)”,

(c) by adding a hyphen to the phrase “non compliance”,

(d) by deleting the third reference of the phrase “(a)” and replacing it with the phrase “(1)”,

(e) by deleting the third reference of the phrase “(b)” and replacing it with the phrase “(2)”,

(f) by adding the word “a” immediately before the first reference to the phrase “perfected first priority Lien”,

 

18


* * * CONFIDENTIAL * * *

 

(g) by adding the phrase “in favor of the Administrative Collateral Agent” immediately after the phrase “(B) which do not have priority over the Lien granted in Favor of the Administrative Collateral Agent)”,

(h) by adding the phrase “in favor of the Administrative Collateral Agent” immediately after the phrase “(2) which do not have priority over the Lien granted in Favor of the Administrative Collateral Agent)”, and

(i) by deleting the phrase “the Agreement” and replacing with the phrase “such Original Borrower”, and

(j) by adding the phrase “; provided that at no time shall any Eligible Supplemental Real Property constitute or be designated as Eligible Real Property” immediately after the phrase “Mortgages have been taken”.

34. The definition of “Excluded Subsidiary” is hereby amended

(a) in clause (ii) of the proviso thereof, by deleting the phrase “the 2010 Note Documents or the Replacement Note Documents” and replacing it with the phrase “any Water Preferred Shares Document, 2014 Notes Document, Water Secured Notes Document, Cott Unsecured Notes Document, Replacement Notes Documents”,

(b) in clause (iii) of the proviso thereof, by deleting each reference to the phrase “Amendment No. 2 Effective Date” and replacing them with the phrase “Amendment No. 5 Effective Date”, and

(c) in clause (iii) of the proviso thereof, by deleting each reference to the phrase “or, upon completion of the Luxembourg Reorganization as reflected on the Reorganization Schedule”,

(d) in clause (iii) of the proviso thereof, by adding the phrase “as reflected on Schedule 3.15” immediately after the phrase “intercompany Indebtedness held on the Amendment No. 5 Effective Date”, and

(e) in clause (iv) of the proviso thereof, by deleting the phrase “4.01(b)”.

35. The definition of “Farm Products” is hereby amended by deleting the phrase “all of any U.S. Co Borrower’s” and replacing it with the phrase “, with respect to any Borrowing Base Contributor organized under the laws of the United States, any state thereof or the District of Columbia all of such Borrowing Base Contributor’s”.

36. The definition of “Farm Products Notices” is hereby deleted in its entirety and replaced with the following definition:

““Farm Products Notices” means, with respect to any Borrowing Base Contributor organized under the laws of the United States, any state thereof or the District of Columbia, any written notice to such Borrowing Base Contributor pursuant to the applicable provisions of any Farms Products Law from (i) any

 

19


* * * CONFIDENTIAL * * *

 

Farm Products Seller or (ii) any lender to any Farm Products Seller or any other person with a Lien on the assets of any Farm Products Seller or (iii) the secretary of state (or equivalent official), agricultural secretary or commissioner (or equivalent official) or other Governmental Authority of any state, commonwealth or political subdivision thereof in which any Farm Products purchased by any such Borrowing Base Contributor are produced, in any case advising or notifying such Borrowing Base Contributor of the intention of such Farm Products Seller or other Person to preserve or seek the benefits of, or pursue any recovery with respect to, any Lien or trust applicable to any assets of such Borrowing Base Contributor established in favor of such Farm Products Seller or other Person under the provisions of any law or claiming a Lien on any perishable agricultural commodity or any other Farm Products which may be or have been purchased by such Borrowing Base Contributor or any related or other assets of such Borrowing Base Contributor.”

37. The definition of “Farm Products Seller” is hereby amended by deleting the phrase “all of any U.S. Co Borrowers” and replacing it with the phrase “, with respect to any Borrowing Base Contributor organized under the laws of the United States, any state thereof or the District of Columbia”.

38. The definition of “Fee Letters” is hereby amended

(a) by deleting the phrase “second amended and restated fee letter” and replacing it with the phrase “Third Amended and Restated Fee Letter,”,

(b) by deleting each reference to the phrase “Amendment No. 3” and replacing them with the phrase “Amendment No. 5”,

(c) adding the word “and” immediately after the phrase “J.P. Morgan Securities, Inc. and the Company,”,

(d) by deleting the phrase “lender fee letter” and replacing it with the phrase “Lender Fee Letter”, and

(e) adding a comma after the second reference to the phrase “Effective Date”.

39. The definition of “Fixed Charges” is hereby deleted in its entirety and replaced with the following definition:

““Fixed Charges” means, with reference to any period, without duplication, (a) cash Interest Expense, plus (b) scheduled principal payments on Indebtedness (including, without limitation, scheduled principal payments in respect of the Sidel Purchase Financing) made during such period, but excluding payments with respect to the 2014 Earnout, plus (c) expense for income taxes paid in cash (net of any cash refund in respect of income taxes actually received in such period in an amount not to exceed expenses for income taxes paid in cash during such period), plus (d) the principal component of all Capital Lease Obligation payments

 

20


* * * CONFIDENTIAL * * *

 

(including, without limitation, any prepayment of the Sidel Water Capital Lease, but only to the extent such prepayment exceeds the sum of the amount of cash collateral by the lessor thereof), plus the then undrawn face amount of Letters of Credit supporting the obligations of Cott Beverages to such lessor that are cancelled as a result of such prepayment), plus (e) Restricted Payments made in cash (other than Restricted Payments made to any Loan Party and other than Restricted Payments made to the holders of (i) Equity Interests in the Northeast Retail Group or (ii) the Water Preferred Shares for the purpose of redeeming or repurchasing such Water Preferred Shares solely to the extent that such redemption or repurchase is permitted under Section 6.09(a)(iv), but including any other Restricted Payments (including all dividends) made in cash to the holders of the Water Preferred Shares unless such Restricted Payments are otherwise excluded pursuant to the proviso below), plus (f) cash contributions to any Plan, any Canadian Pension Plan or any Canadian Benefit Plan in excess of the actual expense, all calculated for the Company and its Subsidiaries on a consolidated basis; provided that in any period of four consecutive fiscal quarters, the Company may exclude the lesser of (i) (A) prior to the repurchase or redemption of the Water Preferred Shares, $30,000,000 or (B) thereafter, $20,000,000 and (ii) the sum of (A) dividends made in such period of four consecutive fiscal quarters pursuant to Section 6.09(a)(iii), plus (B) repurchases or redemptions of capital stock made in such period of four consecutive fiscal quarters pursuant to Section 6.09(a)(iv), from the computation of Fixed Charges. Notwithstanding anything in this definition to the contrary, for purposes of calculating Fixed Charges for any period of four consecutive fiscal quarters, Fixed Charges for the fiscal quarter ended (A) March 31, 2014 shall be deemed to be $30,800,000, (B) June 30, 2014 shall be deemed to be $33,300,000, (C) September 30, 2014 shall be deemed to be $35,500,000, and (D) December 31, 2014 shall be deemed to be $30,400,000.”.

40. The definition of “Immaterial Subsidiary” is hereby amended by deleting the phrase “4.01(b),”.

41. The definition of “Indebtedness” is hereby amended

(a) by deleting the word “and” immediately after the phrase “obligations under any liquidated earn-out” and replacing it with a comma,

(b) by adding the phrase “, and (m) all Disqualified Equity Interests and (n) solely for the purposes of Article VII and the definition of Material Indebtedness (solely as such term used in such Section and in the definition of Change in Control, net obligations of such Person under any Swap Agreement whether or not designated as being secured under this Agreement or any other Loan Document” immediately after the phrase “Off-Balance Sheet Liability”, and

(c) by adding the phrase “The amount of any net obligation under any Swap Agreement on any date shall be deemed to be the Swap Termination Value thereof as of such date.” at the end of such definition.

 

21


* * * CONFIDENTIAL * * *

 

42. The definition of “Interest Expense” is hereby amended

(a) by deleting the phrase “or sale” and replacing it with “or the sale” and

(b) by deleting the phrase “For the avoidance of doubt, no 2009 Notes Call Premium Expense or 2010 Notes Call Premium Expense shall” and replacing it with the phrase “Notwithstanding anything to the contrary in this definition, any purchase price premiums above par or any call premiums incurred in connection with the purchase or redemption by the Company of the 2014 Notes, the Water Secured Notes, the Cott Unsecured Notes or any Replacement Notes shall not”.

43. The definition of “Interim Holdco” is hereby amended

(a) by deleting the first reference to the phrase “U.S. Co Borrower”, and replacing it with the phrase “Loan Party that is not a Loan Party and” and

(b) by deleting the second reference to the phrase “U.S. Co Borrower”, and replacing it with the phrase “Loan Party”.

44. The definition of “Loan Documents” is hereby amended by deleting the phrase “identified in Section 4.01 and”.

45. The definition of “Material Indebtedness” is hereby amended

(a) by deleting the phrase “, or obligations in respect of one or more Swap Agreements,”,

(b) by deleting the amount “$20,000,000” and replacing it with the amount “$30,000,000”,

(c) by deleting the following:

“For purposes of determining Material Indebtedness, the “obligations” of any Borrower or any Subsidiary in respect of any Swap Agreement at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that such Borrower or such Subsidiary would be required to pay if such Swap Agreement were terminated at such time”,

(d) by deleting the phrase “the 2010 Earnout, “, and

(e) by deleting the phrase “, the 2014 Acquisition Note and the Permitted Deferred Consideration”.

46. The definition of “Maturity Date” is hereby deleted in its entirety and replaced with the following definition:

““Maturity Date” means the earliest of (a) December 12, 2019, (b) solely if at the close of business on May 28, 2019 the Cott Unsecured Notes have not been

 

22


* * * CONFIDENTIAL * * *

 

redeemed, repurchased or otherwise refinanced in full, June 12, 2019 or (c) any earlier date on which the Commitments are reduced to zero or otherwise terminated pursuant to the terms hereof.”.

47. The definition of “Mexican Security Agreement” is hereby amended by adding the phrase “, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time” before the period at the end of such definition.

48. The definition of “Mortgages” is hereby amended by adding the phrase “restatement,” immediately after the phrase “any amendment,”.

49. The definition of “Original Borrower” is hereby amended by deleting the phrase “Amendment No. 4” and replacing it with the phrase “Amendment No. 5”.

50. The definition of “Permitted Acquisition” is hereby amended by

(a) by deleting the phrase “any Proposed Acquisition” immediately after the word “means” at the beginning of such definition and replacing it with the phrase “(i) the Water Acquisition and (ii) any Proposed Acquisition (other than the Water Acquisition)”,

(b) in clause (a) thereof, by deleting the phrase “(other than the 2010 Earnout)”, and

(c) in clause (j) thereof, by deleting the phrase “Amendment No. 2 Effective Date” and replacing it with the phrase “Amendment No. 5 Effective Date”.

51. The definition of “Permitted Business” is hereby amended

(a) by deleting the phrase “Effective Date” and replacing it with the phrase “Amendment No. 5 Effective Date (after giving effect to the Water Acquisition)” and

(b) by adding the phrase “which, for the purpose of this definition, includes the beverage delivery and filtration industry” immediately after the phrase “beverage industry”.

52. The definition of “Permitted Encumbrances” is hereby amended by adding the phrase “and Eligible Supplemental Real Property” immediately after both occurrences to the phrase “Eligible Real Property” in clauses (i) and (j) thereof.

53. The definition of “PP&E Amortization Amount (Adjusted Equipment)” is hereby deleted in its entirety and replaced with the following definition:

““PP&E Amortization Amount (Adjusted Equipment)” means, at the time of any determination occurring on or after the Amendment No. 3 Effective Date, the sum of the PP&E Amortization Amount (Equipment) for all Original Borrowers plus, on and after the first Business Day of any PP&E Equipment Adjustment Period, the result of (x) $33,502,728 minus (y) 85% of the Net Orderly Liquidation Value of all Original Borrowers’ Eligible Equipment based on the most recent Qualified PP&E Appraisals (Equipment) for each Original Borrower’s Eligible Equipment completed prior to such PP&E Equipment Adjustment Period.

 

23


* * * CONFIDENTIAL * * *

 

54. The definition of “PP&E Amortization Amount (Adjusted Real Property)” is hereby deleted in its entirety and replaced with the following definition:

““PP&E Amortization Amount (Adjusted Real Property)” means, at the time of any determination occurring on or after the Amendment No. 3 Effective Date, the sum of the PP&E Amortization Amount (Real Property) for all Original Borrowers plus, on and after the first Business Day of any PP&E Real Property Adjustment Period, the result of (x) $35,767,560 minus (y) 75% of the fair market value of all Original Borrowers’ Eligible Real Property based on the most recent Qualified PP&E Appraisals (Real Property) for each Original Borrower’s Eligible Real Property completed prior to such PP&E Real Property Adjustment Period.

55. The definition of “PP&E Amortization Amount (Equipment)” is hereby amended by deleting the phrase “Qualified PP&E Appraisal (Equipment)” and replacing it with the phrase “Qualified PP&E Appraisals (Equipment) for all such Original Borrower’s Eligible Equipment”.

56. The definition of “PP&E Amortization Amount (Real Property)” is hereby amended

(a) in clause (i) thereof, by deleting the word “multipled” and replacing it with the word “multiplied”,

(b) in clause (ii) thereof, by deleting the phrase “(A)” and replacing it with the phrase “(I)”,

(c) by deleting the phrase “Qualified PP&E Appraisal (Real Property)” and replacing it with the phrase “Qualified PP&E Appraisals (Real Property) for all such Original Borrower’s Eligible Real Property”,

(d) in clause (ii) thereof, by deleting the phrase “(B)” and replacing it with the phrase “(II) (A)”, and

(e) in clause (ii) thereof, by deleting the phrase “(y)” and replacing it with the phrase “(B)”.

57. The definition of “PP&E Component” is hereby deleted in its entirety and replaced with the following definition:

““PP&E Component” means, at the time of any determination, with respect to each Original Contributor, an amount equal to the lesser of:

(a) the result of:

(i) to the extent greater than zero, (x) 75% of the fair market value (as determined by the most recent Qualified

 

24


* * * CONFIDENTIAL * * *

 

PP&E Appraisals (Real Property)) of all such Original Borrower’s Eligible Real Property minus (y) the PP&E Amortization Amount (Real Property) (this clause (i), the “Real Property Component”), plus

(ii) to the extent greater than zero, (x) 75% of the fair market value (as determined by the most recent Qualified PP&E Appraisals (Supplemental Real Property) or, prior to the Supplemental Real Property Amortization Trigger Date, the most recent appraisals for such Eligible Supplemental Real Property that satisfy the appraisal requirements set forth in Section V of Amendment No. 5) of all such Original Contributor’s Eligible Supplemental Real Property minus (y) the PP&E Amortization Amount (Supplemental Real Property) (this clause (ii), the “Supplemental Real Property Component”); provided that at no time shall the sum of the Supplemental Real Property Component for all Original Contributors exceed the result of $39,092,572 minus the PP&E Amortization Amount (Adjusted Supplemental Real Property) at such time, plus

(iii) to the extent greater than zero, (x) 85% of the Net Orderly Liquidation Value of such Original Borrower’s (other than a member of the Water Group) Eligible Equipment minus (y) the PP&E Amortization Amount (Equipment) (this clause (iii), the “Equipment Component”), minus

(iv) Reserves established by either Collateral Agent in its Permitted Discretion; provided that a Reserve shall be established and included in each Borrowing Base Certificate and in the Aggregate Borrowing Base Certificate in the amount of any mortgage tax incurred by any Loan Party that is required to be paid but remains unpaid, or that would be required to be paid in order for the Administrative Collateral Agent to validly enforce its Lien on any Eligible Real Property or any Eligible Supplemental Real Property; and

(b) to the extent greater than zero:

(i) $35,767,560 minus the PP&E Amortization Amount (Adjusted Real Property), plus

(ii) $33,502,728 minus the PP&E Amortization Amount (Adjusted Equipment), plus

 

25


* * * CONFIDENTIAL * * *

 

(iii) $39,092,572 minus the PP&E Amortization Amount (Adjusted Supplemental Real Property); minus

(iv) Reserves established by either Collateral Agent in its Permitted Discretion; provided that a Reserve shall be established and included in each Borrowing Base Certificate and in the Aggregate Borrowing Base Certificate in the amount of any mortgage tax incurred by any Loan Party that is required to be paid but remains unpaid, or that would be required to be paid in order for the Administrative Collateral Agent to validly enforce its Lien on any Eligible Real Property or any Eligible Supplemental Real Property; minus

(v) the sum of the PP&E Components (calculated solely under clause (a) of such definition) included in the Borrowing Bases of all other Original Contributors.”.

58. The definition of “PP&E Prior Amortized Months” is hereby amended

(a) by deleting the comma after the phrase “means” at the beginning of such definition and replacing it with the phrase “(a)” and

(b) by adding the following:

“and (b) with respect to each PP&E Supplemental Real Property Adjustment Period, the number of calendar months that have commenced since (and including) the Supplemental Real Property Amortization Trigger Date through and including the first Business Day of such PP&E Supplemental Real Property Adjustment Period; provided that this clause (b) shall not be less than zero”

immediately after the last reference to “PP&E Real Property Adjustment Period”.

59. The definition of “Prepayment Event” is hereby amended

(a) in clause (a) thereof, by adding the phrase “(i)” immediately after the phrase “disposition described in”,

(b) in clause (a) thereof, by deleting the phrase “or in” and replacing it with the phrase “, (ii)”,

(c) in clause (a) thereof, by adding the phrase “, or (iii) Section 6.05(e) and 6.06, in the case of this clause (iii) in the aggregate amount not to exceed $50,000,000” immediately after the phrase “6.05(k)”,

(d) in clause (c) thereof, by adding the phrase “(i)” immediately after the phrase “Effective Date other than”, and

 

26


* * * CONFIDENTIAL * * *

 

(e) in clause (c) thereof, by adding the following:

“(ii) the issuance of Equity Interests in the Company upon the conversion of the convertible Water Preferred Shares pursuant to the Water Preferred Shares Documents, (iii) the issuance of the Water Preferred Shares on the Amendment No. 5 Effective Date pursuant to the Water Preferred Shares Documents, or (iv) any deferred dividends or increases to the redemption value of the Water Preferred Shares pursuant to the Water Preferred Shares Documents”

immediately after the phrase “capital contribution”.

60. The definition of “Process Agent” is hereby amended by deleting the word “Eight” and replacing it with the word “Eighth”.

61. The definition of “Reaffirmation Agreements” is hereby amended

(a) by adding the phrase “the Fourth Canadian Reaffirmation Agreement,” immediately after the phrase “the Third Canadian Reaffirmation Agreement,”,

(b) by deleting the word “and” and replacing it with a comma, and

(c) by adding the phrase “, and the Fourth U.S. Reaffirmation Agreement” at the end of the definition thereof.

62. The definition of “Replacement Indenture” is hereby amended by deleting the phrase “the 2010 Indenture or supplement thereto” and replacing it with the phrase “any of the 2014 Indenture, the Water Secured Notes Indenture, the Cott Unsecured Notes Indenture, or any supplement to any of the foregoing”.

63. The definition of “Replacement Notes” is hereby amended by deleting the second reference to the word “the” and replacing it with the word “any”.

64. The definition of “Reserves” is hereby amended

(a) by deleting the first occurrence to the phrase “UK Co Borrower’s net property” and replacing it with the phrase “net property of any Borrowing Base Contributor organized under the laws of England and Wales”

(b) by deleting the second occurrence of the phrase “UK Co Borrower’s” and replacing it with the phrase “Borrowing Base Contributor organized under the laws of England and Wales”.

65. The definition of “Sanctioned Country” is hereby amended by adding the phrase “or the target of” immediately before the word “Sanctions”.

66. The definition of “Security Agreement” is hereby amended

(a) by deleting the phrase “and/or” and replacing it with a comma and

(b) by adding the phrase “and/or any Luxembourg Security Agreement” immediately after the phrase “UK Security Agreement”.

 

27


* * * CONFIDENTIAL * * *

 

67. The definition of “Swap Agreement” is hereby amended by adding the phrase “; provided, further, that the Water Preferred Shares shall not constitute Swap Agreements under the Loan Documents” immediately before the period at the end of such definition.

68. The definition of “Test Period” is hereby amended by deleting the phrase “Section 4.01,”.

69. The definition of “UK Reaffirmation Deeds” is hereby amended by deleting the phrase “and (iv)” and replacing it with the phrase “, (iv) the Reaffirmation Deed to UK Security Documents, dated as of the Amendment No. 5 Effective Date, by and between the Loan Parties party thereto and the UK Security Trustee, and (v)”.

70. The definition of “UK Security Agreement” is hereby amended by adding the phrase “, supplemented” immediately after the phrase “amended, restated”.

71. The definition of “Unrestricted Subsidiary” is hereby amended by adding the phrase “Amendment No. 5” immediately after the phrase “The Unrestricted Subsidiaries as of the”.

72. The definition of “U.S. Co-Borrowers” is hereby amended by adding the phrase “, DS Services,” immediately after the phrase “Cliffstar LLC,”.

73. The definition of “U.S. Security Agreement” is hereby deleted in its entirety and replaced with the following:

““U.S. Security Agreement” means that certain U.S. Pledge and Security Agreement, dated as of August 17, 2010, between the Loan Parties party thereto and the Administrative Collateral Agent, for the benefit of the Administrative Agent, the Collateral Agents and the Lenders, as amended on the Amendment No. 2 Effective Date by the First U.S. Reaffirmation Agreement, as further amended on the Amendment No. 5 Effective Date by the Fourth U.S. Reaffirmation Agreement, as the same may be further amended, restated, supplemented or otherwise modified from time to time, and any other pledge or security agreement entered into, after the Effective Date by any other Loan Party (as required by this Agreement or any other Loan Document for the purpose of creating a Lien on the property of any Loan Party organized in the U.S. (or any other property located therein)), or any other Person, as the same may be amended, restated, supplemented or otherwise modified from time to time.”.

74. Section 2.06 of the Credit Agreement is hereby amended by deleting the amount “$15,000,000” and replacing it with the amount “$50,000,000”.

75. Section 2.09(f) of the Credit Agreement is hereby deleted in its entirety and replaced with the following section:

“(f) Any amendment hereto for such an increase or addition shall be in form and substance satisfactory to the Administrative Agent and shall only require the written signatures of the Administrative Agent, the Borrowers and the Lender(s)

 

28


* * * CONFIDENTIAL * * *

 

being added or increasing their Commitment, subject only to the approval set forth in Section 9.02(b) if any such increase would cause the Commitment to exceed $450,000,000. As a condition precedent to such an increase, the Borrowers shall deliver to the Administrative Agent a certificate of each Loan Party (in sufficient copies for each Lender) signed by an authorized officer of such Loan Party (i) certifying that such increase is permitted by the 2014 Notes Documents, the Water Secured Notes Documents and the Cott Unsecured Notes Documents (if the same are then outstanding), and by the terms of any Replacement Indenture with respect to any of the foregoing (if the same is then outstanding) and, with respect to any such increase, assuming a borrowing of the maximum amount of loans available under such increase together with any increases previously made pursuant to the terms of this Agreement, and certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (ii) in the case of the Borrowers, certifying that, before and after giving effect to such increase, (A) the representations and warranties contained in Article III and the other Loan Documents are true and correct in all material respects, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct in all material respects as of such earlier date, and (B) no Default exists.”

76. Section 2.18 of the Credit Agreement is hereby amended by adding the following at the end thereof:

“(p) For purposes of determining withholding Taxes imposed under FATCA, from and after the Amendment No. 5 Effective Date, the Borrowers and the Agents shall treat (and the Lenders hereby authorize the Administrative Agent to treat) this Agreement as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).”.

77. Section 3.02 of the Credit Agreement is hereby amended by adding the phrase “and the Water Transactions” immediately after the phrase “The Transactions”.

78. Section 3.03 of the Credit Agreement is hereby amended by adding the phrase “and the Water Transactions” immediately after the phrase “extension of credit hereunder)”.

79. Section 3.05 of the Credit Agreement is hereby amended by

(a) adding the phrase “Amendment No. 5” immediately before each reference of the phrase “Effective Date” and

(b) adding the phrase “(other than immaterial Intellectual Property registered in Mexico)” in clause (b)(i) thereof immediately after the phrase “which is subject of a registration or application in any Intellectual Property registry”.

 

29


* * * CONFIDENTIAL * * *

 

80. Section 3.06(a) of the Credit Agreement is hereby amended by deleting the phrase “or the Transactions” and replacing it with the phrase “, the Transactions or the Water Transactions”.

81. Section 3.06(b) of the Credit Agreement is hereby amended by deleting the phrase “Disclosed Maters, as of the date hereof” and replacing it with the phrase “Disclosed Matters (2010) and, solely in the case of clause (i)(1), the Disclosed Matters (2014), as of the Amendment No. 5 Effective Date,”.

82. Section 3.06(c) of the Credit Agreement is hereby amended

(a) by adding the phrase “(i)” after the word “Since” at the beginning of the section thereof and

(b) by adding the phrase “(2010) and (ii) the Amendment No. 5 Effective Date, there has been no change in the status of the Disclosed Matters (2014), in each case” immediately after the phrase “Disclosed Matters”.

83. Section 3.09 of the Credit Agreement is hereby amended by adding the phrase “Amendment No. 5” before each reference to “Effective Date”.

84. Section 3.10 of the Credit Agreement is hereby amended

(a) by deleting the phrase “Amendment No. 2” and

(b) by adding the phrase “Amendment No. 5” immediately before each reference to the phrase “Effective Date”.

85. Section 3.11 of the Credit Agreement is hereby amended

(a) by deleting the phrase “Neither the Offering Memorandum nor any” and replacing it with the phrase “None” and

(b) by deleting the phrase “the negotiation of” and replacing it with the phrase “Amendment No. 5”.

86. Section 3.13 of the credit agreement is hereby amended

(a) by adding the phrase “Water” immediately before the phrase “Transactions” and

(b) deleting each reference to the phrase “Amendment No. 2” and replacing them with the phrase “Amendment No. 5”.

87. Section 3.14 of the Credit Agreement is hereby amended

(a) by deleting the phrase “Amendment No. 2” and

 

30


* * * CONFIDENTIAL * * *

 

(b) by adding the phrase “Amendment No. 5” immediately before each reference to “Effective Date”.

88. Section 3.15 of the Credit Agreement is hereby amended by adding the phrase “Amendment No. 5” immediately before the phrase “Effective Date”.

89. Section 3.16 of the Credit Agreement is hereby amended

(a) by deleting the first reference of the word “The” and replacing it with the phrase “Subject to Section V of Amendment No. 5 with respect to the assets of the Water Group, the” and

(b) by adding the phrase “Amendment No. 5” immediately before the reference to “Effective Date”.

90. Section 3.17 is hereby amended

(a) by deleting the phrase “Amendment No. 2” and replacing it with the phrase “Amendment No. 5”,

(b) by deleting the first occurrence of the word “material”, and

(c) by adding the phrase “, in each case in any material respect” immediately after the phrase “or foreign law dealing with such matters”.

91. Section 3.19 of the Credit Agreement is hereby amended by deleting it in its entirety and replacing it with the following:

“Section 3.19. 2014 Notes Documents, Water Secured Notes Documents, Cott Unsecured Notes Documents, Replacement Notes Documents and Intercreditor Agreement. The Borrowers have delivered to the Administrative Agent true, complete and correct copies of the 2014 Notes Documents, the Water Secured Notes Documents and the Cott Unsecured Notes Documents (including all schedules, exhibits and annexes to each of the foregoing), and within two Business Days of the effectiveness thereof (or such later date as the Administrative Agent may agree in its Permitted Discretion), shall have delivered to the Administrative Agent true, complete and correct copies of each of the Replacement Notes Documents (including all schedules, exhibits and annexes thereto). The Loans and all other Secured Obligations of the Loan Parties under this Agreement and each of the other Loan Documents are permitted to be incurred under the 2014 Notes Documents, the Water Secured Notes Documents, the Cott Unsecured Notes Documents and, upon the effectiveness thereof, the Replacement Notes Documents (in each case to the extent that such documents remain effective and the obligations thereunder have not been paid or discharged in full). This Agreement is within the definition of any or all of “ABL Facility”, “Bank Indebtedness”, “Credit Agreement”, and “First-Priority Obligation” (or similar defined terms), as applicable, under

 

31


* * * CONFIDENTIAL * * *

 

the 2014 Notes Documents, the Water Secured Notes Documents, the Cott Unsecured Notes Documents, the Intercreditor Agreement and, upon the effectiveness thereof, the Replacement Notes Documents (in each case to the extent that such documents remain effective and the obligations thereunder have not been paid or discharged in full).”.

92. Section 3.21 of the Credit Agreement is hereby amended by deleting the phrase “Amendment No. 2” and replacing it with the phrase “Amendment No 5”.

93. Section 3.22 of the Credit Agreement is hereby amended by deleting each reference to the phrase “Amendment No. 2” and replacing them with the phrase “Amendment No. 5”.

94. Section 3.23 of the Credit Agreement is hereby deleted in its entirety and replaced with the following section

““Section 3.23. Anti-Corruption, Anti-Terrorism, and Anti-Money Laundering Laws, and Sanctions Laws and Regulations.

(a) Each Loan Party and its Subsidiaries and, to the best knowledge of each Loan Party, its Affiliates and their respective directors, officers, employees, and agents, in each case when such director, officer, employee or agent is acting on behalf of or purporting to act on behalf of any Loan Party, (i) conduct and has conducted their business in compliance with Anti-Corruption Laws and applicable Sanctions, (ii) have instituted and maintained, and will maintain and enforce, policies and procedures designed to promote and achieve compliance with such laws and applicable Sanctions, (iii) is not in violation of any applicable laws relating to terrorism or money laundering (“AML/Anti-Terrorism Laws”), including but not limited to, (x) the USA PATRIOT ACT (y) any Requirement of Law comprising or implementing the Bank Secrecy Act of 1970, and (z) any Requirement of Law administered by the United States Department of the Treasury’s Office of Foreign Asset Control (as any of the foregoing Laws described in this clause (iii) may from time to time be amended, renewed, extended, or replaced). No Borrowing or Letter of Credit, use of proceeds or other financing transaction contemplated by the Loan Documents will violate Anti-Corruption Laws or applicable Sanctions.

(b) None of the Loan Parties or their Subsidiaries or, to the best knowledge of each Loan Party, their Affiliates or their respective directors, officers, employees, agents or representatives acting or benefiting in any capacity in connection with this Agreement (i) is a Designated Person; (ii) is a Person that is owned or controlled by a Designated Person (the terms “owned” and “controlled” being defined as set forth in the applicable Sanctions (but only if such definitions are set forth in such Sanctions)); (iii) is, if in violation of Sanctions or applicable law, located, organized or resident in a Sanctioned Country; (iv) has directly or indirectly engaged in, or is now directly or indirectly engaged in, in each case in violation of applicable law, any dealings or transactions (1) with any Designated Person, (2) in any Sanctioned Country, or (3) otherwise in violation of Sanctions;

 

32


* * * CONFIDENTIAL * * *

 

or (v) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any applicable AML/Anti-Terrorism Law.”.

95. Section 3.24 of the Credit Agreement is hereby deleted in its entirety and replaced with the following section:

“Section 3.24. Intercompany Advances. As of the Amendment No. 5 Effective Date, Schedule 3.24 sets forth a true and correct list of all loans and advances made by any Loan Party to any other Loan Party or by any Loan Party to any Subsidiary as of September 27, 2014.”.

96. Section 3.25 of the Credit Agreement is hereby deleted in its entirety.

97. Section 4.01 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

“Section 4.01. [Reserved]”.

98. Section 4.02 of the Credit Agreement is hereby amended by deleting each reference to “2010 Indenture or the Replacement Indenture” and replacing each with the phrase “the 2014 Indenture, the Water Secured Notes Indenture, the Cott Unsecured Notes Indenture and each Replacement Indenture (in each case to the extent that such indenture remain effective and the obligations thereunder have not been paid or discharged in full).”.

99. Section 4.02(d) of the Credit Agreement is hereby amended by adding the following phrase at the end of the section thereof:

“So long as the Water Secured Notes Indenture is in effect (and so long as any Replacement Indenture contains restrictions similar to the restrictions in the last sentence of Section 4.03 of the Water Secured Notes Indenture as of the Amendment No. 5 Effective Date), for the period commencing with the date 10 days prior to any redemption of any Water Preferred Shares made using proceeds of Indebtedness and ending on the date 10 days after such redemption, the Total Leverage Ratio (as defined in the Water Secured Notes Indenture) for the most recently ended four fiscal quarters for which internal financial statements are available immediately preceding the date of such Borrowing or such issuance, amendment, renewal or extension of a Letter of Credit, is less than or equal to 4.50 to 1.00 determined on a pro forma basis.”.

100. Section 4.02(e) of the Credit Agreement is hereby amended

(a) by deleting the reference to the amount “$250,000,000” and replacing it with the amount “$350,000,000” and

(b) by deleting the reference to “2010 Indenture (to the extent then in effect, or similar calculations under any Replacement Indenture)” and replacing it with the phrase “2014 Indenture, the Water Secured Notes Indenture, the Cott Unsecured Notes Indenture

 

33


* * * CONFIDENTIAL * * *

 

and similar calculations under each Replacement Indenture (in each case to the extent that such indenture remain effective and the obligations thereunder have not been paid or discharged in full)”

101. Section 4.02 of the Credit Agreement is hereby amended

(a) by adding the following clause immediately after the end of Section 4.02(e):

“(f) After giving effect to any Borrowing or the issuance of any Letter of Credit, any mortgage tax incurred by any Loan Party as a result of such Borrowing or such issuance that is or would be required to be paid in order for the Administrative Collateral Agent to validly enforce its Lien on any real property so mortgaged shall have been fully paid by the applicable Loan Party on or prior to the date that such Borrowing or such issuance is made.” and

(b) by deleting the phrase “(a), (b), (c) and (d) of this Section” and replacing it with the phrase “(a), (b), (c), (d) and (f) of this Section”.

102. Section 5.01(c) of the Credit Agreement is hereby amended by deleting both references to the amount “$30,000,000” and replacing it with the phrase “the greater of (I) 15% of the Line Cap and (II) $50,000,000”.

103. Section 5.01(d) of the Credit Agreement is hereby amended

(a) by adding the phrase “(a “Compliance Certificate”)” immediately following the phrase “Exhibit C”,

(b) by adding the phrase “(x)” immediately after the phrase “detailed calculations of”, and

(c) by adding the phrase “, and (y) the Consolidated Leverage Ratio as of the last day of the fiscal quarter most recently ended,” immediately following the phrase “Section 6.13”.

104. Section 5.01(g) of the Credit Agreement is hereby deleted in its entirety and replaced with the following section:

“(g) as soon as available but in any event within 15 days of the end of each calendar month, and at such other times as may be requested by either Collateral Agent, as of the period then ended (but, in the case of the PP&E Component, as of the 15th day of the current calendar month), an Aggregate Borrowing Base Certificate, together with a Borrowing Base Certificate for each Borrowing Base Contributor which calculates such Borrowing Base Contributor’s Borrowing Base, and supporting information in connection therewith, together with any additional reports with respect to the Aggregate Borrowing Base or any Borrowing Base of a Borrowing Base Contributor as either Collateral Agent may reasonably

 

34


* * * CONFIDENTIAL * * *

 

request; and the PP&E Component of the Borrowing Bases and the Aggregate Borrowing Base shall be updated (i) from time to time upon receipt of periodic valuation updates received from either Collateral Agent’s asset valuation experts, (ii) concurrent with the sale or commitment to sell any assets constituting part of the PP&E Component, (iii) in the event such assets are idled for a period in excess of ten (10) consecutive days for any reason other than routine maintenance or repairs, reconfiguration or due to seasonal production in the ordinary course of business, or (iv) in the event that the value of such assets is otherwise impaired, as determined in either Collateral Agent’s Permitted Discretion; provided that (A) if on any date Aggregate Availability is less than the greater of (1) the Borrowing Base Reporting Trigger Level at such time and (2) $50,000,000, then for the period(s) commencing on any such date and ending on the date, if any, on which Aggregate Availability is equal to or greater than the greater of (y) the Borrowing Base Reporting Trigger Level at such time and (z) $50,000,000, for a period of 10 consecutive Business Days, or (B) if requested by the Administrative Agent, either Collateral Agent or the Required Lenders, during any period that an Event of Default is continuing, the Borrower Representative will be required to furnish an Aggregate Borrowing Base Certificate, Borrowing Base Certificates for each Borrowing Base Contributor and supporting information in connection therewith to each Collateral Agent as soon as available but in any event within 3 Business Days after the end of each calendar week, and at such other times as may be requested by either Collateral Agent, as of the period then ended; notwithstanding anything to the contrary in this Section 5.01(g) (and in addition to the requirements under clause (ii) above), no later than one Business Day prior to the consummation of an asset sale (or merger, consolidation or amalgamation that constitutes an asset sale) permitted pursuant to Section 6.05 (and, if applicable, Section 6.03) (or such later date as the Administrative Agent may agree in its sole discretion) of (I) Collateral (other than Inventory sold pursuant to Section 6.05(a)) that is included in any Borrowing Base with a value in excess of $5,000,000 (measured at the time of such transaction) to any Person other than a Borrowing Base Contributor (solely with respect to clauses (a) and (c) of such definition) or (II) any Qualified Equity Interests of a Borrowing Base Contributor (other than the Company) to any Person other than a Borrower, a Borrowing Base Contributor or any Loan Party that holds the Equity Interests in such Person immediately prior to the date of such transaction, that results in the disposition of Collateral that is included in any Borrowing Base with a value in excess of $5,000,000 (measured at the time of such transaction), then in each case the Borrower Representative shall deliver to the Administrative Agent a revision to the Borrowing Base Certificates and the Aggregate Borrowing Base Certificate most recently delivered to the Administrative Agent in accordance with the terms of this Agreement demonstrating the effect of such transaction on each Borrowing Base (on a Pro Forma Basis), and shall, in each case, thereafter deliver such supporting information as may be reasonably requested by the Administrative Agent;”.

 

35


* * * CONFIDENTIAL * * *

 

105. Section 5.01(h) of the Credit Agreement is hereby amended by deleting all occurrences of the word “Borrower” or “Borrower’s”, except for the occurrence in the context of “Borrower Representative”, and replacing each with the phrase “Borrowing Base Contributor” or “Borrowing Base Contributor’s,” respectively.

106. Section 5.01(i) of the Credit Agreement is hereby amended by deleting the word “Borrowers’” and replacing each with the phrase “Borrowing Base Contributors’”.

107. Section 5.01(j) of the Credit Agreement is hereby amended by deleting the word “Borrowers” and replacing each with the phrase “Borrowing Base Contributors”.

108. Section 5.01(k) of the Credit Agreement is hereby amended by deleting the word “Borrowers’” and replacing each with the phrase “Borrowing Base Contributors’”.

109. Section 5.01(q) of the Credit Agreement is hereby amended

(a) by deleting the phrase “4.01(b),” and

(b) by deleting the word “and” at the end thereof.

110. Section 5.01(r) of the Credit Agreement is hereby amended by deleting the period at the end thereof and replacing it with “; and”.

111. Section 5.01 of the Credit Agreement is hereby amended by adding the following at the end thereof:

“(s) promptly after the effectiveness thereof, copies of (i) any Other First-Priority Documents (as defined in the Intercreditor Agreement), (ii) any amendments, restatements, supplements or other modifications to any Other First-Priority Document or Second-Priority Document (as defined in the Intercreditor Agreement) and (iii) any new Second-Priority Documents.”.

112. Section 5.04 of the Credit Agreement is hereby amended

(a) by deleting the phrase “the 2010 Earnout,”,

(b) by deleting the phrase “the Permitted Deferred Consideration,”, and

(c) by deleting the phrase “in the case of the 2010 Earnout, pursuant to the terms of the 2010 APA and”.

 

36


* * * CONFIDENTIAL * * *

 

113. Section 5.08 of the Credit Agreement is hereby amended

(a) by adding the phrase “to pay a portion of the purchase price for the Water Acquisition, (ii)” immediately following the phrase “(i)” and

(b) by deleting the phrase “and (ii)” and replacing it with the phrase “and the Water Transaction, and (iii)”.

114. Section 5.09 of the Credit Agreement is hereby amended

(a) by deleting the phrase “rating of at least A” and replacing it with the phrase “rating of at least A-” and

(b) by adding a closing parenthesis mark immediately after the first occurrence of United States.

115. Section 5.11 of the Credit Agreement is hereby amended

(a) By deleting all occurrences of the amount “$55,000,000” and replacing each with the amount $80,000,000”,

(b) by deleting the occurrence of the amount “$60,000,000” and replacing it with the amount “60,000,000”,

(c) by adding the phrase “or Schedule 1.01(g)” immediately after the phrase “Schedule 1.01(a)” and

(d) by adding the phrase “or for each set of assets acquired pursuant to the Water Acquisition,” immediately after the last reference to the phrase “as applicable,” at the end of such definition.

116. Section 5.12 of the Credit Agreement is hereby amended

(a) by deleting the phrase “Amendment No. 2” and replacing it with the phrase “Amendment No. 5” and

(b) by adding the following at the end thereof:

“Notwithstanding anything in this Section 5.12 to the contrary, the obligations of any member of the Water Group to maintain Chase as its principal depository bank or delivery of deposit account control agreements under this Section 5.12 shall be subject to the terms of Section V of Amendment No. 5.”.

117. Section 5.13(a) of the Credit Agreement is hereby amended by deleting the phrase “4.01(b),”.

 

37


* * * CONFIDENTIAL * * *

 

118. Section 5.13(b) of the Credit Agreement is hereby amended by adding the following at the end thereof:

“Notwithstanding anything in this Section 5.13(b) to the contrary, the obligation of any member of the Water Group and any other Loan Party owning Equity Interests in such Person to pledge or perfect Liens on Equity Interests under this Section 5.13(b) shall be subject to the terms of Section V of Amendment No. 5.”.

119. Section 5.13(c) of the Credit Agreement is hereby amended by deleting the phrase “such other actions or deliveries of the type required by Section 4.01, as applicable” and replacing it with the phrase “actions”.

120. Section 5.13(d) of the Credit Agreement is hereby amended by deleting the phrase “Lien in favor of” and replacing it with the phrase “Lien granted under”.

121. Section 5.13(e) of the Credit Agreement is hereby amended by adding the following at the end of each thereof:

“Notwithstanding anything to the contrary in this Section 5.13(e), the Eligible Accounts and Eligible Inventory of DS Services shall be included in the Borrowing Base to the extent provided in clauses (a) and (b) of the definition of Borrowing Base, and the Eligible Supplemental Real Property of DS Services acquired shall be included in the Borrowing Base pursuant to the terms of the definition of Eligible Supplemental Real Property and the definition of PP&E Component, in each case subject to Reserves in accordance with the terms of this Agreement, and one appraisal and one field examination for each such set of assets shall be excluded from the limitation on such appraisals and field examinations at the expense of the Borrowers as provided in Section 5.11.”.

122. Section 5.13(f) of the Credit Agreement is hereby amended

(a) By adding the phrase “(subject to the restrictions set forth in clause (b) of the definition of Borrowing Base Guarantor)” immediately after the second occurrence of the word “Agreement” and

(b) by adding the following at the end of each thereof:

“Notwithstanding anything to the contrary in this Section 5.13(f), the Eligible Accounts and Eligible Inventory of DS Services shall be included in the Borrowing Base to the extent provided in clauses (a) and (b) of the definition of Borrowing Base, and the Eligible Supplemental Real Property of DS Services shall be included in the Borrowing Base pursuant to the terms of the definition of Eligible Supplemental Real Property and the definition of PP&E Component, in each case subject to Reserves in accordance with the terms of this Agreement, and one field examination for each such set of assets shall be excluded from the limitation on such appraisals and field examinations at the expense of the Borrowers as provided in Section 5.11.”.

 

38


* * * CONFIDENTIAL * * *

 

123. Section 5.14 of the Credit Agreement is hereby amended

(a) by deleting the phrase “2010 Note Documents or any Replacement Note Documents” and replacing it with the phrase “2014 Notes Documents, the Water Secured Notes Documents, the Cott Unsecured Notes Documents or any Replacement Notes Documents”,

(b) by deleting the phrase “4.01(b),”, and

(c) by adding the phrase “Amendment No. 5” immediately before each reference to the phrase “Effective Date”.

124. Section 5.17 of the Credit Agreement is hereby amended

(a) by deleting the s occurrence of the phrase “U.S. Co Borrowers” and replacing it with the phrase “Borrowing Base Contributors organized under the laws the United States, any state thereof or the District of Columbia” and

(b) by deleting the second and third occurrences of the phrase “U.S. Borrowers and replacing each with the phrase “Borrowing Base Contributor”.

125. Section 6.01(b) of the Credit Agreement is hereby amended by deleting the phrase “date hereof” and replacing it with the phrase “Amendment No. 5 Effective Date”.

126. Section 6.01(c) of the Credit Agreement is hereby amended

(a) by deleting each reference to the phrase “2010” and replacing them with the phrase “2014”,

(b) by adding the phrase “, including any such Person directly or indirectly formed or acquired by the Company after the Amendment No. 5 Effective Date” immediately after the phrase “each such Person remains a Loan Party hereunder”,

(c) by adding the phrase “Amendment No. 5” immediately before the phrase “Effective Date”, and

(d) by deleting the amount “$375,000,000” and replacing it with the amount “$525,000,000”.

127. Section 6.01(d) of the Credit Agreement is hereby deleted in its entirety and replaced it with the following:

“(d) (i) Indebtedness of Cott Beverages (which may be guaranteed on an unsecured basis under the terms of the Cott Unsecured Notes Indenture by one or more Loan Parties, for so long as each such Person remains a Loan Party hereunder, including any such Person directly or indirectly formed or acquired by the Company after the Amendment No. 5 Effective Date) incurred on or prior to the Amendment No. 5 Effective Date evidenced by the Cott Unsecured Notes in a principal amount not to

 

39


* * * CONFIDENTIAL * * *

 

exceed $625,000,000 and (ii) Indebtedness of DS Services (which may be guaranteed under the terms of the Water Secured Notes Indenture by one or more Loan Parties, for so long as each such Person remains a Loan Party hereunder, including any such Person directly or indirectly formed or acquired by the Company after the Amendment No. 5 Effective Date) incurred on or prior to the Amendment No. 5 Effective Date evidenced by the Water Secured Notes in a principal amount not to exceed $350,000,000;”.

128. Section 6.01(f) of the Credit Agreement is hereby amended by deleting the phrase “2010 Notes” and replacing it with the phrase “2014 Notes, the Water Secured Notes, the Cott Unsecured Notes”.

129. Section 6.01(g) of the Credit Agreement is hereby amended by deleting the amount “$60,000,000” and replacing it with the amount “$100,000,000”.

130. Section 6.01(h) of the Credit Agreement is hereby amended

(a) by adding the phrases “(d)” and “(m)” immediately after the phrases “(c)” and “(l),” respectively,

(b) by deleting the following phrase:

“; provided that, solely with respect to an extension, refinancing, replacement, supplement, or renewal of the 2010 Notes described in Section 6.01(c) in one transaction or a series of transactions, including through any follow-on or greenshoe offering commenced within 2 months of any replacement, extension or supplement thereof, the aggregate principal amount of such extended, refinanced, replaced, supplemented or renewed Indebtedness in respect of the 2010 Notes and any supplements thereto may be increased from $375,000,000 to an aggregate principal amount not to exceed $550,000,000”,

(c) by adding the phrase “; provided that any Replacement Notes in respect of the Water Secured Notes may only be secured to the extent permitted under Section 6.02(l)” immediately after the phrase “(and any Replacement Notes Shall be unsecured”,

(d) by deleting the phrase “on an unsecured basis”,

(e) by deleting the phrase “Replacement Note Documents” and replacing it with the phrase “Replacement Notes Documents”,

(f) by deleting clause (iii) thereof in its entirety and replacing it with the following:

“(iii) no Loan Party or Restricted Subsidiary of any Loan Party that is not originally obligated with respect to repayment of such Indebtedness is required to become obligated with respect thereto (which, for the sake of clarity, would not

 

40


* * * CONFIDENTIAL * * *

 

preclude additional Subsidiaries that are created or acquired after the date such Indebtedness is incurred to become guarantors of such Indebtedness to the extent that such Subsidiary would have been required to become a guarantor of the Indebtedness being so refinanced),”,

(g) by adding the phrase “and is not subject to mandatory redemption or repurchase (other than customary provisions permitting or requiring such Indebtedness to be repurchased with asset sale proceeds that are not otherwise required to repay the Secured Obligations or other Indebtedness, or upon a change of control)” immediately after the phrase “scheduled amortization, principal or sinking fund payments”, and

(h) by deleting the phrase “Section 6.01(c)” and replacing it with the phrase “Sections 6.01(c) and 6.01(d)”.

131. Section 6.01(k) of the Credit Agreement is hereby amended

(a) by deleting the amount “$20,000,000” and replacing it with the amount “$40,000,000”.

(b) by adding the phrase “provided, further, that the letters of credit listed on Schedule 6.01 issued by BMO Harris Bank N.A. in favor of members of the Water Group shall be disregarded for purposes of this clause (k);” at the end thereof.

132. Section 6.01(l) of the Credit Agreement is hereby amended by deleting the phrase “(i) $10,000,000 at any time outstanding prior to the repayment in full of the 2014 Acquisition Note or (ii) following repayment in full of the 2014 Acquisition Note,”.

133. Section 6.01(m) of the Credit Agreement is hereby deleted it in the entirety and replaced it with the following:

“(m) Indebtedness in respect of the Industrial Revenue Bond Documents, in an aggregate principal amount not to exceed $6,000,000 at any time outstanding;”.

134. Section 6.01(q) of the Credit Agreement is hereby amended by adding the word “and” at the end thereof.

135. Section 6.01(r) of the Credit Agreement is hereby amended

(a) by deleting the phrase “(other than the 2010 Earnout)” and

(b) by deleting the phrase “; and” at the end thereof and replacing it with a period.

136. Section 6.01(s) of the Credit Agreement is hereby deleted in its entirety.

137. Section 6.02(c) of the Credit Agreement is hereby amended

(a) by deleting the phrase “date hereof” and replacing it with the phrase the “Amendment No. 5 Effective Date” and

 

41


* * * CONFIDENTIAL * * *

 

(b) by adding the phrase “or Restricted Subsidiary or any other Borrower” immediately after the phrase “assets of such Borrower” in clause (i) thereof.

138. Section 6.02(e) of the Credit Agreement is hereby amended by adding the phrase “or any other Borrower or Restricted Subsidiary” immediately following the phrase “Restricted Subsidiary” in clause (ii) thereof.

139. Section 6.02(l) of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

“(l) Liens securing Indebtedness permitted under Section 6.01(d)(ii) if such Liens are at all times subject to the Intercreditor Agreement and, subject to Section V of Amendment No. 5 in respect of any grace periods for establishing first-priority Liens in favor of the Administrative Agent, Administrative Collateral Agent or the UK Security Trustee over the assets of the Water Group (but subject at all times to the terms of the Intercreditor Agreement), junior in priority to the Liens securing the Secured Obligations; provided that (i) such Liens shall not apply to any other property or assets of the obligor in respect thereof or any other Borrower or Restricted Subsidiary and (ii) such Lien shall secure only those obligations which it secures on the date hereof and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof except to the extent permitted by clause (h) of Section 6.01;”.

140. The last sentence of Section 6.02 of the Credit Agreement is hereby amended by deleting the phrase “clause (a) above and (2) Inventory, other than those permitted under clauses (a) and (b) of the definition of Permitted Encumbrance and clause (a) above.” and replacing it with the following:

“clauses (a) and (l) above and (2) Inventory, other than those permitted under clauses (a) and (b) of the definition of Permitted Encumbrance and clause (a) and (l) above; provided that the Liens permitted pursuant to clause (l) above shall at all times be subject to the Intercreditor Agreement and junior in priority to the Liens securing the Secured Obligations.”.

141. Section 6.03 of the Credit Agreement is hereby amended

(a) by adding the phrase “(including, for the avoidance of doubt, the Water Acquisition)” immediately after the phrase “Permitted Acquisition” in clause (v) thereof.

(b) by adding the phrase “and, in the case of the Water Acquisition, the terms of Amendment No. 5,” immediately after the phrase “Section 5.13” in clause (x) of the second proviso thereof.

142. Section 6.04(b) of the Credit Agreement is hereby amended by deleting the phrase “date of this Agreement” and replacing it with the phrase “Amendment No. 5 Effective Date”.

 

42


* * * CONFIDENTIAL * * *

 

143. Section 6.04(l) of the Credit Agreement is hereby deleted in its entirety and replaced with the following section,

“(l) investments by the Company and its Restricted Subsidiaries in the form of Permitted Acquisitions, provided that the Company and its Restricted Subsidiaries may not make any Permitted Acquisition unless (x) both Aggregate Availability on the date of such investment and average Aggregate Availability over the prior thirty day period ending on such date (in each case after giving effect to such Permitted Acquisition) is at least the greater of (I) 15% of the Line Cap and (II) $50,000,000 and (y) the Fixed Charge Coverage Ratio, determined as of the last day of the most recent fiscal quarter for which financial statements have been or should have been delivered pursuant to Section 5.01(a) or (b), for the period of four consecutive fiscal quarters ending on such last day, is at least 1.15 to 1.0;”.

144. Section 6.04(n) of the Credit Agreement is hereby amended by deleting the phrase “the 2010 Notes and the” and replacing it with the phrase “(i) the Water Preferred Shares permitted by Section 6.09(a)(iv) or (ii) Disqualified Equity Interests, the 2014 Notes, the Water Secured Notes, the Cott Unsecured Notes or any”.

145. Section 6.04(s) of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

“(s) the Water Acquisition pursuant to the terms of the Water Merger Agreement as in effect on the Amendment No. 5 Effective Date;”.

146. Section 6.04(t) of the Credit Agreement is hereby amended by deleting the phrase “the Borrowers shall have at least $70,000,000 of Aggregate Availability” and replacing it with the phrase “Aggregate Availability shall not be less than $70 million”.

147. Section 6.04(u) of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

“(u) [reserved;]”.

148. The proviso at the end of Section 6.04 of the Credit Agreement is hereby amended by deleting the phrase “(x)” and the phrase “and (y) except as provided in clauses (s) and (u) above, no investments by any Loan Party in BCB International or BCB European shall be permitted under this Section 6.04”.

149. Section 6.05(d) of the Credit Agreement is hereby amended by deleting the phrase “(j),”.

150. Section 6.05(e) of the Credit Agreement is hereby amended by deleting the phrase “(i)”.

151. Section 6.05(g) of the Credit Agreement is hereby amended

(a) by deleting the each reference to the phrase “Amendment No. 2” and replacing them with the phrase “Amendment No. 5” and

 

43


* * * CONFIDENTIAL * * *

 

(b) by deleting the phrase “the term of this Agreement,” and replacing it with the phrase “any fiscal year of the Company”.

152. Section 6.09 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

“Section 6.09. Restricted Payments; Certain Payments of Indebtedness.

(a) No Loan Party will, nor will it permit any of its Restricted Subsidiaries to, declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except:

(i) each Loan Party and its Restricted Subsidiaries may declare and pay dividends with respect to its common stock payable solely in additional shares of its common stock, and, with respect to its preferred stock, payable solely in additional shares of such preferred stock or in shares of its common stock,

(ii) Restricted Subsidiaries may declare and pay dividends ratably with respect to their Equity Interests,

(iii) the Company may declare and pay dividends to its shareholders as long as (A) no Event of Default has occurred and is continuing at the time of such declaration and payment or would result after giving effect to such payment, (B) Aggregate Availability on the date of such payment after giving effect to such payment and average Aggregate Availability over the prior thirty day period ending on such date (assuming, in each case that such payment was made on the first day of such period), in each case shall be at least the greater of (x) 15% of the Line Cap and (y) $50,000,000 and (C) the Fixed Charge Coverage Ratio, determined as of the last day of the most recent fiscal quarter for which financial statements have been or should have been delivered pursuant to Section 5.01(a) or (b), for the period of four consecutive fiscal quarters ending on such last day prepared on a pro forma basis giving effect to such Restricted Payment, is no less than 1.15 to 1.0,

(iv) the Company or any of its Restricted Subsidiaries may repurchase or redeem its capital stock (provided that the aggregate amount of any Water Preferred Shares repurchased or redeemed in any calendar year pursuant to this Section 6.09(a)(iv) shall not exceed $100,000,000) as long as (A) no Event of Default has occurred and is continuing or would result after giving effect to such repurchase or redemption, (B) Aggregate Availability on

 

44


* * * CONFIDENTIAL * * *

 

the date of such payment after giving effect to such payment and, except in the case of a repurchase or redemption of Water Preferred Shares, average Aggregate Availability over the prior thirty day period ending on such date (assuming, in each case that such payment was made on the first day of such period), in each case shall be at least the greater of (x) of 15% of the Line Cape and (y) $50,000,000 and (C) the Fixed Charge Coverage Ratio, determined as of the last day of the most recent fiscal quarter for which financial statements have been or should have been delivered pursuant to Section 5.01(a) or (b), for the period of four consecutive fiscal quarters ending on such last day prepared on a pro forma basis giving effect to such Restricted Payment, is no less than 1.15 to 1.0, and

(v) any Restricted Subsidiary that is a direct wholly-owned Subsidiary of the Company or that is a direct wholly-owned Subsidiary of a Restricted Subsidiary, may repurchase its Equity Interests from, or pay dividends with respect to its Equity Interests to, the Company or the Restricted Subsidiary that owns 100% of its Equity Interests,

provided that in the event that any Restricted Payment is made to any Interim Holdco at any time, the total amount of such Restricted Payment shall immediately be distributed to its immediate parent, unless the Administrative Agent and the Co-Collateral Agent otherwise consent in writing, in their sole discretion, prior to such Restricted Payment.

(b) No Loan Party will, nor will it permit any of its Restricted Subsidiaries to, make or agree to pay or make, directly or indirectly, any payment or other distribution (whether in cash, securities or other property) of or in respect of principal of or interest on any Indebtedness, or any payment or other distribution (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any Indebtedness, except:

(i) payment of Indebtedness created under the Loan Documents;

(ii) payment of regularly scheduled interest and principal payments as and when due in respect of any Indebtedness;

(iii) payment of mandatory prepayments as and when due in respect of any Indebtedness;

 

45


* * * CONFIDENTIAL * * *

 

(iv) refinancings of Indebtedness to the extent permitted by Section 6.01;

(v) payment of secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness;

(vi) payment of other Indebtedness (other than Indebtedness permitted to be purchased or repurchased pursuant to clause (vii) below, but including termination of capital leases) in an amount not exceeding $1,000,000 in any calendar year, so long as Aggregate Availability exceeds $50,000,000 after giving effect to each such payment;

(vii) the Company or any of its Restricted Subsidiaries may, from time to time, (a) voluntarily purchase Disqualified Equity Interests, 2014 Notes, Water Secured Notes, Cott Unsecured Notes or Replacement Notes from one or more holders thereof, (b) voluntarily redeem or defease some or all of any Disqualified Equity Interests, 2014 Notes, Water Secured Notes, Cott Unsecured Notes or Replacement Notes in accordance with the terms of such Disqualified Equity Interests, the 2014 Indenture, the Water Secured Notes Indenture, the Cott Unsecured Notes Indenture or the Replacement Indenture, as applicable and/or (c) prepay Indebtedness outstanding in connection with the Sidel Water Capital Lease or the Sidel Purchase Financing during the term of this Agreement, in each case as long as (A) no Event of Default has occurred and is continuing or would result after giving effect to such repurchase, redemption, prepayment or defeasance, (B) Aggregate Availability minus Disqualified Payables shall be at least the greater of (x) 15% of the Line Cap and (y) $50,000,000, determined both on the date of such repurchase, redemption, prepayment or defeasance (and after giving effect thereto and, on an average basis for the thirty day period ending on (I) in the case of repurchases, redemptions and defeasances under clauses (a) and (b) of this subsection (vii), the date the Company or such Restricted Subsidiary initially offers to make such repurchase or redemption or (II) in the case of a defeasance under clause (b) of this subsection (vii) or prepayments under clause (c) of this subsection (vii), the date of such prepayment or defeasance, in each case assuming that such repurchase, redemption, prepayment or defeasance, as the case may be, was made on the first day of such period), and

 

46


* * * CONFIDENTIAL * * *

 

(C) the Fixed Charge Coverage Ratio, determined as of the last day of the most recent fiscal quarter for which financial statements have been or should have been delivered pursuant to Section 5.01(a) or (b), for the period of four consecutive fiscal quarters ending on such last day, is no less than 1.15 to 1.0;

(viii) payment of intercompany indebtedness to the extent permitted by the subordination provisions applicable thereto;

(ix) the Company or any of its Restricted Subsidiaries may, from time to time, exchange any Qualified Equity Interests for all or part any Disqualified Equity Interests, the 2014 Notes, the Water Secured Notes, the Cott Unsecured Notes or the Replacement Notes during the term of this Agreement as long as (A) no Default or Event of Default has occurred and is continuing or would result after giving effect to such exchange, (B) Aggregate Availability minus Disqualified Payables, determined both on the date of such redemption, repurchase or prepayment, and after giving effect thereto, and, on and on an average basis for the thirty day period ending of such date (in each case assuming that such redemption, repurchase or prepayment was made on the first day of such period), shall be at least the greater of (x) 15% of the Line Cap and (y) $50,000,000 and (C) the Fixed Charge Coverage Ratio, determined as of the last day of the most recent fiscal quarter for which financial statements have been or should have been delivered pursuant to Section 5.01(a) or (b), for the period of four consecutive fiscal quarters ending on such last day, is no less than 1.15 to 1.0; and

(x) the Company or any of its Restricted Subsidiaries may, from time to time, prepay any Indebtedness outstanding in connection with the Sidel Water Capital Lease or the Sidel Purchase Financing (the “Sidel Prepayment Amount”) during the term of this Agreement as long as the Company delivers a certificate by a Financial Officer stating the Sidel Prepayment Amount and attesting that the Sidel Prepayment Amount is equal to or less than (i) in the case of a prepayment of Indebtedness in connection with the Sidel Water Capital Lease, the value of (A) the Letters of Credit issued for the benefit of General Electric Capital Corporation (“GECC”) that GECC in its capacity as lessor will return for cancellation and/or (B) cash collateral that GECC in its capacity as lessor will

 

47


* * * CONFIDENTIAL * * *

 

release, in each case, in connection with such prepayment or (ii) in the case of a prepayment of Indebtedness under the Sidel Purchase Financing, the amount of all obligations of Cott Beverages outstanding at such time under the Sidel Purchase Financing (including, but not limited to all payments of principal, interest, premiums, fees and expenses then due and owing under the Sidel Purchase Financing as in effect on the Amendment No. 3 Effective Date).

provided that, in connection with any redemptions, purchases, payments prepayments or exchanges under Sections 6.09(b)(vii) and (ix), in each case, the Administrative Agent shall have received a certificate, signed by the chief financial officer of the Company, on behalf of the Company, (i) stating the nature, the amount and the date of the payment, exchange or distribution, (ii) certifying that the Company and/or each applicable Restricted Subsidiary has complied with the terms and conditions contained in the applicable subsection of 6.09(b), (iii) stating, in the case of redemptions, purchases, prepayments or exchanges under Sections 6.09(b)(vii) or (ix), that the proposed transaction documents do not violate the terms and conditions of each of the 2014 Indenture, the Water Secured Notes Indenture, the Cott Unsecured Notes Indenture and any Replacement Indenture and (iv) setting forth, in the case of redemptions, purchases, prepayments or exchanges under Sections 6.09(b)(vii) or (ix), the calculation of the Disqualified Payables. For purposes of this Section 6.09(b), the 2014 Notes, the Water Secured Notes, the Cott Unsecured Notes or Replacement Notes, as applicable, shall be deemed to be “redeemed” at the time that a Borrower or Restricted Subsidiary deposits with the trustee under the 2014 Indenture, the Water Secured Notes Indenture, the Cott Unsecured Notes Indenture or any Replacement Indenture, as applicable, the funds sufficient to redeem the applicable 2014 Notes, Water Secured Notes, Cott Unsecured Notes or Replacement Notes.”.

153. Section 6.10 of the Credit Agreement is hereby amended

(a) by deleting the phrase “, (s), (u)”,

(b) by deleting the phrase “(e), (f), (k) or (m)” and replacing it with the phrase “(d) (or any replacement thereof permitted under Section 6.01(h)), (e), (f), or (k)”,

(c) adding the word “and” immediately after the phrase “ordinary course of business,”, and

(d) deleting the phrase “and (i) transactions made between or among any Loan Party and any other Subsidiary of the Company as part of the Luxembourg Reorganization”.

 

48


* * * CONFIDENTIAL * * *

 

154. Section 6.11 of the Credit Agreement is hereby amended

(a) by deleting the phrase “date hereof” and replacing it with the phrase “Amendment No. 5 Effective Date”,

(b) by deleting each reference to the phrase “2010 Indenture or the” and replacing them with the phrase “2014 Indenture, the Water Secured Notes Indenture, the Cott Unsecured Notes Indenture or any”, and

(c) by deleting the second occurrence of the phrase “the” immediately after the phrase the “extension or renewal of” and replacing it with the word “any”

155. Section 6.12 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

“Section 6.12. Amendment of Material Documents; Second-Priority Documents; Designations Under Intercreditor Agreement; Insurance Limitations; Etc..

Capitalized terms used in this Section 6.12 but not defined in this Agreement shall have the meaning assigned to such term in the Intercreditor Agreement.

(a) No Loan Party will, nor will it permit any of its Restricted Subsidiaries to, amend, modify or waive any of its rights under (i) any 2014 Notes Document, any Water Secured Notes Document, any Cott Unsecured Notes Document, any Replacement Notes Document, or any Water Preferred Shares Document or (ii) (x) its certificate of incorporation, by-laws, operating, management or partnership agreement or other organizational documents or (y) without the consent of the Administrative Agent (or the Required Lenders in the case of amendments or modifications of the 2014 Earnout that would increase the amount thereof or accelerate the payment schedule thereof), the 2014 SPA or the Water Merger Agreement, in each case in this subsection (ii) to the extent any such amendment, modification or waiver would be materially adverse to the Lenders.

(b) No Loan Party will, nor will it permit any of its Restricted Subsidiaries or any Second-Priority Representative or other Second-Priority Secured Party to, execute, deliver, file or record any financing statement or amendment thereto, patent, trademark or copyright filing, mortgage, deeds of trust, deed or similar instrument, or any security agreement, deed, document, certificate or filing in respect of Common Collateral (i) governed by the laws of a jurisdiction outside of the United States or (ii) governed by the laws of the United States, any State of the United States or the District of Columbia, in each case under this clause (b) that is to be executed, delivered, filed, registered or recorded by or in favor of any Second-Priority Representative or other Second-Priority Secured Party, unless and until, solely in the case of clause (ii), the same is in form and substance reasonably satisfactory to the Administrative Collateral Agent or the UK Security Trustee, as applicable.

 

49


* * * CONFIDENTIAL * * *

 

(c) No Loan Party will, nor will it authorize any of its Restricted Subsidiaries to, without the prior written consent of the Administrative Agent, the Collateral Agents and the UK Security Trustee, designate (or support the designation of) (i) any document (other than this Agreement) as a “Credit Agreement” under and as defined in the Intercreditor Agreement, or as an “ABL Facility”, “Bank Indebtedness” or a “Credit Agreement”, as applicable, under and as defined in the Water Secured Notes Documents, (ii) any Person (other than the Administrative Agent, Administrative Collateral Agent and the UK Security Trustee) as a “First-Priority Collateral Agent” under and as defined in the Intercreditor Agreement or as an “ABL Facility Agent”, “First Lien/Second Lien Intercreditor Agent” or “First-Priority Collateral Agent”, as applicable, under and as defined in the Water Secured Notes Documents, (iii) any obligations under any document as “Other First-Priority Obligations” under and as defined in the Intercreditor Agreement or as “Other Fist-Priority Obligations” under and as defined in the Water Secured Notes Documents, or (iv) any obligations (other than the Secured Obligations) under any document as “ABL Obligations” or “First-Priority Obligations” under and as defined in the Water Secured Notes Documents. Any “First Priority Obligations” (other than the Secured Obligations), “Other First-Priority Obligations” or “Other Second-Priority Obligations”, in each case under and as defined in each of the Intercreditor Agreement and the Water Secured Notes Documents, and any “ABL Obligations” (other than the Secured Obligations) under and as defined in the Water Secured Notes Documents, in each case that are permitted to be designated as such or incurred pursuant to this Agreement, shall at all times be subject to the terms of the Intercreditor Agreement and, in the case of any ABL Obligations, First-Priority Obligations or Other First-Priority Obligations (in each case other than the Secured Obligations), such obligations shall not be authorized to be incurred and shall not be effective until an intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent, the Collateral Agents and the Required Lenders has been executed by the applicable Agents and the applicable representatives for such ABL Obligations, First-Priority Obligations or Other First-Priority Obligations, as applicable.

(d) No Loan Party will, nor will it permit any of its Restricted Subsidiaries to, name any person other than the Administrative Agent or the Administrative Collateral Agent as additional insured or loss payee under any insurance policies maintained from time to time by the Loan Parties; provided that to the extent the applicable insurance company will comply, the “Second-Priority Representative” (as defined in the Intercreditor Agreement) shall have the right to be named as additional insured and loss payee under such insurance policies so long as its junior priority status is identified in a manner reasonably satisfactory to the “First-Priority Collateral Agents” (as defined in the Intercreditor Agreement.

(e) If any “Second-Priority Secured Party” (as defined in the Intercreditor Agreement), contrary to the Intercreditor Agreement, commences or participates in any action or proceeding against any Loan Party or the “Common Collateral” (as defined in the Intercreditor Agreement), such Loan Party, with the prior written consent of the “First-Priority Collateral Agents” (as defined in the Intercreditor Agreement), may interpose as a defense or dilatory plea the making of the Intercreditor Agreement, and any “First-Priority Secured Party” (as defined in the Intercreditor Agreement) may intervene and interpose such defense or plea in its or their name or in the name of such Loan Party.

 

50


* * * CONFIDENTIAL * * *

 

(f) Except as provided in Section 3.4 of the Intercreditor Agreement, if any “First-Priority Secured Party” or “Second-Priority Secured Party” (each as defined in the Intercreditor Agreement) shall enforce its rights or remedies in violation of the terms of the Intercreditor Agreement, no Loan Party shall be entitled to use such violation as a defense to any action by any First-Priority Secured Party or Second-Priority Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any First-Priority Secured Party or Second-Priority Secured Party.”.

156. Section 6.13 of the Credit Agreement is hereby amended

(a) by deleting the amount “$27,500,000” and replacing it with the amount “$40,000,000” and

(b) by deleting the phrase “Section 4.01(b) or”.

157. Section 6.14(a) of the Credit Agreement is hereby amended by adding the phrase “a Borrowing Base Guarantor,” immediately after the first occurrence of the phrase “(other than the Company),”.

158. Section 6.14(b) of the Credit Agreement is hereby amended

(a) by deleting the phrase “under any 2010 Note Document or any Replacement Note Document” and replacing it with the phrase “(or any equivalent term) under any 2014 Notes Document, Water Secured Notes Document, Cott Unsecured Notes Document or any Replacement Notes Document” and

(b) by deleting the second reference of the phrase “2010 Note Document and Replacement Note Document” and replacing it with the phrase “2014 Notes Document, Water Secured Notes Document, Cott Unsecured Notes Document or any Replacement Notes Document”.

159. Section 6.15 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

“Section 6.15. Assets and Liabilities of Interim Holdcos. Without the prior written consent of the Administrative Agent and the Co-Collateral Agents in their sole discretion, the Borrowers will not permit any Interim Holdco to (i) own any operating assets, (ii) engage in any trade or business, (iii) become liable for any Indebtedness other than Indebtedness under the Loan Documents, Indebtedness under the 2014 Indenture, the Water Secured Notes Indenture, the Cott Unsecured Notes Indenture or the Replacement Indenture, and intercompany Indebtedness in which the Administrative Collateral Agent has a first-priority, perfected Lien, (iv) incur any other liabilities other than usual and customary obligations associated with the maintenance of the corporate existence of a holding company or (iv) incur or permit to exist any Lien on its assets other than pursuant to the terms of the Loan Documents.”.

 

51


* * * CONFIDENTIAL * * *

 

160. Section 6.16 of the Credit Agreement is hereby amended

(a) by deleting the word “or” before the phrase “(iii)” and

(b) by adding the following phrase at the end of the section thereof:

“; or (iv) engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading and avoiding, or attempts to violate, any of the prohibitions set forth in any AML/Anti-Terrorism Law.”.

161. Article VII clause (g) of the Credit Agreement is hereby deleted in its entirety and replaced with the following section:

“(g) any event or condition occurs that results in any Material Indebtedness or the 2014 Earnout becoming due prior to its scheduled maturity or that enables or permits (with or without the giving of notice, the lapse of time or both) the holder or holders of such Indebtedness or any trustee or agent on its or their behalf to cause such Indebtedness to become due, or to require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; provided that this clause (g) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness;”.

162. Article VII clause (k) of the Credit Agreement is hereby amended by deleting the reference to the amount “$20,000,000” and replacing it with the amount “$30,000,000”.

163. Article VII clause (s) of the Credit Agreement is hereby amended by deleting the phrase “any member of the Group” and replacing it with the phrase “the Company or any of its Subsidiaries”.

164. Article VIII of the Credit Agreement is hereby amended by adding the following paragraph after the second paragraph thereof:

“Each of the Lenders and the Issuing Banks hereby irrevocably (i) authorize the Administrative Agent, the Administrative Collateral Agent and the UK Security Trustee to enter into the Intercreditor Agreement or other intercreditor agreement or arrangement permitted under this Agreement and any such intercreditor agreement is binding upon such Lenders and such Issuing Bank, (ii) agree that, upon the execution and delivery of such Intercreditor Agreement or other intercreditor agreement or arrangement, each Lender and each Issuing Bank will be bound by the provisions thereof as if it were a signatory thereto and will take no actions contrary to the provisions thereof and (iii) agree that none of the Lenders or any other Secured Party shall have any right of action whatsoever against the Administrative Agent, the Administrative Collateral Agent or the UK

 

52


* * * CONFIDENTIAL * * *

 

Security Trustee as a result of any action taken by the Administrative Agent, the Administrative Collateral Agent or the UK Security Trustee pursuant to this paragraph or in accordance with the terms of the Intercreditor Agreement or such other intercreditor agreements or arrangements. The Administrative Agent, the Administrative Collateral Agent and the UK Security Trustee may affect any amendment or supplement to the Intercreditor Agreement or other intercreditor agreement or arrangement permitted under this Agreement that is for the purpose of adding the holders of Indebtedness under any other secured Indebtedness permitted to be incurred under this Agreement, including on a junior priority basis to the Secured Obligations, as contemplated by the terms of the Intercreditor Agreement (or the definition thereof) or such other intercreditor agreement or arrangement permitted under this Agreement, as applicable.”.

165. Section 9.03(b) of the Credit Agreement is hereby amended by adding the phrase “, the Water Transactions” immediately after the phrase “the Transactions”.

166. Section 9.03(d) of the Credit Agreement is hereby amended

(a) by adding the phrase “the Water Transactions,” immediately after the phrase “the Transactions,” and

(b) by adding the following phrase to the end of the section thereof:

“No Indemnitee referred to in paragraph (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby.”.

167. Section 9.06 of the Credit Agreement is hereby amended by deleting the following:

“Except as provided in Section 4.01, this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter”

and replacing it with the phrase “This Agreement”.

168. Section 9.09(b) of the Credit Agreement is hereby amended by deleting the word “nonexclusive” and replacing it with the word “exclusive”.

169. Section 11.01 of the Credit Agreement is hereby amended by adding the phrase “Each Person that becomes a Borrower after the Effective Date pursuant to Section 5.13, by joining this Agreement as a Borrower pursuant to a Borrower Joinder Agreement or otherwise, hereby ratifies and agrees to the appointment of the Company as Borrower Representative under this Article XI.” at the end thereof.

 

53


* * * CONFIDENTIAL * * *

 

170. Section 11.06 of the Credit Agreement is hereby amended

(a) by adding the phrase “and the Guarantors” immediately after the first reference to the term “Borrowers”,

(b) by deleting the second reference to the word “Borrowers” and replacing it with the phrase “Borrowers and the Guarantors”,

(c) by adding the phrase “and each Guarantor” immediately after the phrase “Each Borrower”,

(d) by adding the phrase “or Guarantors” immediately after the phrase “or the Borrowers” in the last sentence thereof, and

(e) by adding the phrase “and Guarantors” immediately after the final reference to the term “Borrowers”.

171. Section 11.07 of the credit agreement is hereby amended

(a) by adding the phrase “and Borrowing Base Guarantor” immediately after the first occurrence of the phrase “Each Borrower” and

(b) by adding the phrase “or Borrowing Base Guarantor” immediately after the second reference to the term “Borrower”.

172. The Schedules and Exhibits attached to this Amendment amend and restate the corresponding Schedules and Exhibits to the Credit Agreement in their entirety. Except as provided in the immediately preceding sentence and except for the Schedules, Annexes and Exhibits expressly set forth in or attached to this Amendment, all Schedules, Annexes and Exhibits to the Credit Agreement, in the forms thereof immediately prior to the Amendment No. 5 Effective Date, shall continue to be Schedules, Annexes and Exhibits to the Amended Credit Agreement.

II. Existing Lenders; New Lenders; New Borrowers and Borrowing Base Guarantors.

1. Effective as of the Amendment No. 5 Effective Date, each New Lender:

(a) confirms that it has received a copy of this Amendment, the Amended Credit Agreement and the other Loan Documents, together with copies of such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment;

(b) agrees that it will, independently and without reliance upon any Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking any action under the Amended Credit Agreement;

(c) appoints and authorizes each Agent to take such action as agent on its behalf and to exercise such powers under the Amended Credit Agreement and the other Loan Documents as are delegated to such Agent by the terms thereof, together with such powers as are reasonably incidental thereto; and

 

54


* * * CONFIDENTIAL * * *

 

(d) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Amended Credit Agreement are required to be performed by it as a Lender.

2. Each New Lender acknowledges and agrees that, on and as of the Amendment No. 5 Effective Date, such New Lender shall be a “Lender” (as defined in the Amended Credit Agreement) under, and for all purposes of, the Amended Credit Agreement and the other Loan Documents, shall perform all the obligations of and shall have all rights of a Lender thereunder, and shall have a Commitment in an amount (the “New Lender Commitment Amount”) set forth opposite its name on the Commitment Annex. It is acknowledged and agreed that the Commitment Increase effected pursuant to this Amendment shall not reduce the amount by which the Borrowers may further increase the Commitments in accordance with the terms and conditions of Section 2.09 of the Amended Credit Agreement. The Agents, the Swingline Lenders, the Issuing Banks, and each other Lender, by their execution and delivery of this Amendment and in reliance upon the representations and warranties required to be made under this Amendment on the date hereof and on the Amendment No. 5 Effective Date, consents to each New Lender becoming a “Lender” on the Amendment No. 5 Effective Date under, and for all purposes of, the Amended Credit Agreement and the other Loan Documents.

3. By its execution of this Amendment, each New Lender represents and warrants that it meets (or as of the Amendment No. 5 Effective Date, will meet) all of the requirements to be an assignee under Section 9.04 of the Amended Credit Agreement (subject to such consents, if any, as may be required thereunder).

4. Each New Lender represents that it has delivered herewith to the Borrower Representative and the Administrative Agent such forms, certificates or other evidence with respect to income tax withholding matters as such New Lender may be required to deliver to the Borrower Representative and the Administrative Agent pursuant to Section 2.17 of the Amended Credit Agreement.

5. On and as of the Amendment No. 5 Effective Date, the “Commitments” (as defined in the Credit Agreement) under the Credit Agreement shall be adjusted as necessary such that, on and as of the Amendment No. 5 Effective Date, the Commitments under the Amended Credit Agreement shall be as set forth on the Commitment Annex.

6. The execution and delivery of this Amendment shall satisfy any notice requirements pursuant to the definition of Borrowing Base Guarantor and Sections 5.13(e) and (f) of the Amended Credit Agreement in respect of the designation of DS Services of America, Inc. as a Borrower and of Aimia Foods Limited and Calypso Soft Drinks Limited as Borrowing Base Guarantors.

 

55


* * * CONFIDENTIAL * * *

 

III. Conditions Precedent to Effectiveness. This Amendment shall become effective as of the first date (the “Amendment No. 5 Effective Date”) on which each of the following conditions precedent have been satisfied; provided that if the Amendment No. 5 Effective Date has not occurred on or prior to February 6, 2015, then this Amendment and the agreements set forth herein (including any new or increased Commitments set forth in this Amendment or the Commitment Annex) shall expire and be null and void and the Amendment No. 5 Effective Date shall be deemed never to have occurred:

1. The Administrative Agent (or its counsel) shall have received (i) either (A) a counterpart of this Amendment signed on behalf of each Borrower, each other Loan Party (including each member of the Water Group), the Agents, the Issuing Banks, the Swingline Lenders, and each Lender (including each New Lender) or (B) written evidence satisfactory to the Administrative Agent (which may include facsimile or pdf transmission of a signed signature page of this Amendment) that such Person has signed a counterpart of this Amendment, and (ii) duly executed copies (or facsimile or pdf copies) of the Intercreditor Agreement, in substantially the form attached hereto as Exhibit G, the Fourth Canadian Reaffirmation Agreement, the UK Reaffirmation Deed dated as of the Amendment No. 5 Effective Date, a Share Mortgage dated as of the Amendment No. 5 Effective Date pledging the shares the Company owns in Cott Retail Brands Limited, the Fourth U.S. Reaffirmation Agreement and the letter in respect of the Disclosed Matters (2014).

2. The Administrative Agent shall have received a completed and executed notice of borrowing pursuant to the terms of the Amended Credit Agreement.

3. The Administrative Agent and the Collateral Agents shall have received written opinions of United States Loan Parties’ counsel, Canadian Loan Parties’ counsel, the Luxembourg Loan Party’s counsel and the Administrative Agent’s and UK Security Trustee’s UK counsel and Luxembourg counsel, each addressed to the Agents, the Issuing Banks, the Swingline Lenders and the Lenders, in each case in form and substance acceptable to the Administrative Agent.

4. The Administrative Agent and the Collateral Agents shall have received copies of (i) the most recent financial statements, projections and reports required to be delivered pursuant to Section 5.01 of the Credit Agreement, (ii) audited consolidated balance sheets and related statements of operations, equity and cash flows of the Water Group and their consolidated subsidiaries for the three most recently completed fiscal years ended at least 90 days prior to the Amendment No. 5 Effective Date and (iii) unaudited consolidated balance sheets and related statements of operations and cash flows of the Water Group and their consolidated subsidiaries for any subsequent interim financial period ended at least 45 days prior to the Amendment No. 5 Effective Date (including for the fiscal quarter ended September 30, 2014), and for the comparable period of the prior fiscal year, in each case in accordance with GAAP.

5. The Administrative Agent shall have received a pro forma consolidated balance sheet and a related pro forma consolidated statement of income of the Company and its consolidated subsidiaries as of and for the twelve-month period ending on the last day of the most recently completed four-fiscal quarter period ended at least 45 days before the Amendment No. 5 Effective Date, or, if the most recently completed fiscal period is the end of a fiscal year,

 

56


* * * CONFIDENTIAL * * *

 

ended at least 90 days before the Amendment No. 5 Effective Date, prepared after giving effect to the Water Transactions as if the Water Transactions had occurred as of such date (in the case of such balance sheet) or at the beginning of such period (in the case of such other statement of income), which reflect adjustments applied in accordance with Regulation S-X of the Securities Act of 1933, as amended.

6. The Administrative Agent shall have received (i) a certificate of each Loan Party, dated the Amendment No. 5 Effective Date and executed by its Secretary, Assistant Secretary or Director, which shall (A) certify the resolutions of its Board of Directors, members or other body authorizing the execution, delivery and performance of this Amendment and the other Loan Documents to which it is a party, (B) identify by name and title and bear the signatures of the Financial Officers, as applicable, and any other officers of such Loan Party authorized to sign this Amendment and the Loan Documents to which it is a party, and (C) to the extent not previously delivered to the Administrative Agent attached to a similar certificate, contain appropriate attachments, including the certificate or articles of incorporation, articles of association or organization of each Loan Party, together with all amendments thereto except in the case where consolidated articles of association are provided, certified by the relevant authority of the jurisdiction of organization of such Loan Party and a true and correct copy of its by-laws, memorandum and articles of association or operating, management or partnership agreement (or other equivalent organizational documents), together with all amendments thereto, and (ii) a short form or long form certificate of good standing, status or compliance (or confirmation (including through a legal opinion) that telephonic and online searches have been conducted at the English Central Index of Winding Up Petitions and UK Companies House respectively on the Amendment No. 5 Effective Date with respect to the Loan Parties organized under the laws of England and Wales), as applicable, together with any bring-down certificates, confirmations or facsimiles, if any, for each Loan Party from its jurisdiction of organization, each dated a recent date on or prior to the Amendment No. 5 Effective Date.

7. Since December 31, 2013, there shall not have occurred any event, change, effect, development, state of facts, condition, circumstance or occurrence that, individually or in the aggregate, has had or could reasonably be expected to have a Company Material Adverse Effect. “Company Material Adverse Effect” means any change, effect, event, occurrence, condition, state of facts or development that is or would reasonably be expected to be materially adverse to (a) the business, results of operation or condition (financial or otherwise) of the Water Group and their respective Subsidiaries, taken as a whole, or (b) the ability of the Water Group to consummate timely the Merger (as defined in the Water Merger Agreement) and the other transactions contemplated by the Water Merger Agreement; provided, however, that, for purposes of the foregoing clause (a) only, Company Material Adverse Effect shall not include, alone or in any combination, any adverse change, effect, event, occurrence, condition, state of facts or development relating to or resulting from (i) the economy in general, the industry in which any member of the Water Group or any of their respective Subsidiaries operates, or any worldwide, national or local conditions or general circumstances (political, economic, financial, regulatory or otherwise), (ii) natural disasters, force majeure, an outbreak or escalation of hostilities or the declaration of a state of emergency or war, or the occurrence of any other similar calamity or crisis (including any act of terrorism), (iii) changes in Laws (as defined in the Water Merger Agreement) after the date hereof, (iv) changes in GAAP or its authoritative application after the date hereof, (v) the announcement or existence of the Water

 

57


* * * CONFIDENTIAL * * *

 

Merger Agreement or the Merger (as defined therein) or the other transactions contemplated thereby (provided, that the exception in this clause (v) shall not be deemed to apply to the representations and warranties set forth in Section 4.3(d) of the Water Merger Agreement, and, to the extent related thereto, the condition set forth in Section 9.2(b) of the Water Merger Agreement), or (vi) actions or omissions of any member of the Water Group or any of their respective Subsidiaries taken with the prior written consent of the Company or Merger Sub (as defined in the Merger Agreement), except to the extent, with respect to clauses (i), (ii), (iii) and (iv) above, that any such change, effect, event, occurrence, condition, state of facts or development disproportionately affects any member of the Water Group and/or their respective Subsidiaries relative to other participants in the industries in which the Water Group and their Subsidiaries participate. The Definition of “Company Material Adverse Effect” shall be construed in accordance with Delaware Law (without giving effect to any conflicts of Laws principles).

8. Notwithstanding anything in this Amendment, the Amended Credit Agreement or in any other Loan Document to the contrary, the only representations and warranties in the Loan Documents the accuracy of which shall be a condition to funding the Loans and issuing the Letters of Credit requested to be funded or issued on the Amendment No. 5 Effective Date shall be limited to the Specified Merger Agreement Representations, the Specified Representations and the representation and warranty set forth in clause 7 above. The term “Specified Merger Agreement Representations” means such of the representations in the Water Merger Agreement as are material to the interests of the Lenders, but only to the extent that the Company (or any of its affiliates) has the right to terminate its obligations under the Water Merger Agreement or to decline to consummate the acquisition described therein as a result of a breach of such representations in the Water Merger Agreement. The term “Specified Representations” means the representations and warranties of the Loan Parties in Sections 3.01, 3.02, 3.03, 3.04(b) (other than with respect to the Water Group), 3.08, 3.13, 3.16 (except as provided in clause 14 below), 3.19, 3.20, 3.21 and 3.23 of the Amended Credit Agreement.

9. The Administrative Agent shall have received a certificate, signed by the chief financial officer or treasurer of the Borrower Representative on behalf of each Borrower, on the Amendment No. 5 Effective Date certifying, as of the Amendment No. 5 Effective Date, after giving effect to this Amendment and the Water Transactions, that: (i) no Default has occurred and is continuing under any Loan Document, and no default or event of default shall have occurred and be continuing under any of the 2014 Notes Documents, the Cott Unsecured Notes Documents, the Water Secured Notes Documents, or the Water Preferred Shares Documents, (ii) the representations and warranties contained in the Loan Documents, in Section IV of this Amendment, and in clause 7 of Section III of this Amendment, in each case are true and correct in all material respects as of such date (or, if such representations and warranties are as of a prior date, were true and correct as of such prior date), (iii) the conditions precedent in clauses 16 through 21 and clause 24 shall have been satisfied as of such date.

10. The Administrative Agent shall have received a solvency certificate, in form and substance satisfactory to the Administrative Agent, from a Financial Officer.

11. Each Collateral Agent shall have received an updated Aggregate Borrowing Base Certificate and Borrowing Base Certificates that includes the assets of the Water Group as of October 25, 2014, and such Aggregate Borrowing Base Certificate and Borrowing Base Certificates shall be substantially in the forms attached hereto as Exhibit B-1 and B-2.

 

58


* * * CONFIDENTIAL * * *

 

12. The Administrative Agent shall have received a Joinder Agreement, the documents required under clause 6 above, opinions of counsel (which may be included in the opinions provided under clause 2 above), and documents with respect to such person to the extent required under clause 14 below, in each case for DS Services of America, Inc., a Delaware corporation, DS Services Holdings, Inc., a Delaware corporation, Crystal Springs of Alabama Holdings, LLC, a Delaware limited liability company, and DSS Group, Inc., a Delaware corporation.

13. The Administrative Agent shall have received the results of recent lien searches for each member of the Water Group on or prior to the Amendment No. 5 Effective Date, in each of the jurisdictions reasonably requested by the Administrative Agent.

14. In addition to the requirements under clause 1 above with respect to each Loan Party, each member of the Water Group shall grant Liens on the Amendment No. 5 Effective Date in the manner and to the extent that such entity would have been required to do so if it had been a Subsidiary of the Company as of the Effective Date and all documents and instruments required to create and perfect the Administrative Collateral Agent’s security interests in the Collateral shall have been executed and delivered to the Administrative Agent and, if applicable, be in proper form for filing (it being understood that, to the extent any security interest in any Collateral is not or cannot be provided or perfected on the Amendment No. 5 Effective Date (other than the pledge and perfection of security interests in Equity Interests of the Water Group and its material, wholly owned Subsidiaries (to the extent required under the terms of the Loan Documents) and assets with respect to which a Lien may be perfected by the filing of a UCC-1 financing statement under the UCC; provided that stock certificates of the Water Group and their Subsidiaries will only be required to be delivered on the Amendment No. 5 Effective Date to the extent received from the Company) after the Company’s use of commercially reasonable efforts to do so or without undue burden or expense, then the provision or perfection of a security interest in such Collateral shall not constitute a condition precedent, but instead shall be required to be delivered within 90 days after the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion)).

15.(i) All obligations under (x) the Asset-Based Revolving Credit Agreement, dated as of August 30, 2013, among DS Waters Enterprises, Inc., Crestview DS Merger Sub II, Inc., the lenders party thereto, and BMO Harris Bank N.A., as Administrative Agent, and each of the “Loan Documents” as defined therein; provided that any letters of credit issued thereunder may remain outstanding so long as the same have been cash collateralized or are subject to back-to-back letter of credit arrangements reasonably satisfactory to the Administrative Agent, and (y) the First Lien Credit Agreement, dated as of August 30, 2013, among DS Waters Enterprises, Inc., Crestview DS Merger Sub II, Inc., the lenders party thereto, and Barclays Bank PLC, as Administrative Agent, and each of the “Loan Documents” as defined therein, in the case of clauses (x) and (y), shall have been repaid in full and all liens granted thereunder, if any, shall have been terminated and released, and (ii) the Administrative Agent shall have received payoff letters and release documents for the documents described in clause (i) above, each duly executed and delivered by the applicable agents and/or lenders thereunder, as applicable, and any other necessary parties thereto, or other evidence of such termination and release, in each case in form and substance reasonably satisfactory to the Administrative Agent.

 

59


* * * CONFIDENTIAL * * *

 

16. The Water Acquisition shall be consummated simultaneously or substantially concurrently with the closing of this Amendment in accordance with the terms of the Water Merger Agreement, without giving effect to any modifications, amendments, consents or waivers thereto or thereunder that are materially adverse to the Lenders without the prior written consent of the Required Lenders (which approval shall not be unreasonably withheld, conditioned or delayed) and, substantially simultaneously with the Amendment No. 5 Effective Date, the Certificate of Merger evidencing the consummation of the Water Acquisition shall have been filed with the Delaware Secretary of State.

17. DS Services of America, Inc. shall have received the consent of the noteholders of the Water Secured Notes solicited pursuant to that certain Consent Solicitation Statement, dated November 13, 2014, as amended by that certain Amendment No. 1 to the Consent Solicitation Statement dated November 25, 2014, that certain Amendment No. 2 to the Consent Solicitation Statement dated December 1, 2014 and that certain Amendment No. 3 to the Consent Solicitation dated December 2, 2014 (the “Consent Solicitation Documents”), and such consents shall not have been validly revoked. The Second Supplemental Indenture, dated December 2, 2014, among DS Services of America, Inc., the guarantors party thereto and Wilmington Trust, National Association, as trustee and collateral agent (the “Second Supplemental Indenture”), will be operative and the Intercreditor Agreement and the Amended and Restated Collateral Agreement (Second Lien) related thereto, will be executed and operative on the Amendment No. 5 Effective Date, and in each case shall be on terms and conditions reasonably satisfactory to the Administrative Agent (provided that the forms of Amended and Restated Collateral Agreement (Second Lien) attached to the Second Supplemental Indenture and the form of the Intercreditor Agreement attached hereto as Exhibit G are, in each case, reasonably acceptable to the Administrative Agent).

18. The Cott Unsecured Notes shall have been issued pursuant to the Cott Unsecured Notes Documents, Cott Beverages shall have received $625,000,000 of gross cash proceeds from the issuance of the Cott Unsecured Notes, and all Cott Unsecured Notes Documents shall be on terms and conditions reasonably satisfactory to the Administrative Agent (provided that the terms of such notes set forth in the Confidential Offering Memorandum dated December 4, 2014 are reasonably acceptable to the Administrative Agent).

19. The Water Preferred Shares shall have been issued to the Former Company Securityholders (as defined in the Water Merger Agreement) and all Water Preferred Shares Documents shall be on terms and conditions reasonably satisfactory to the Administrative Agent (provided that the forms of the preferred shares attached as exhibits F-1 and F-2 to the Water Merger Agreement are reasonably acceptable to the Administrative Agent).

20. On the Amendment No. 5 Effective Date, the Water Acquisition, the Water Secured Notes Documents and all Liens securing the obligations thereunder, the Cott Unsecured Notes Documents, the Water Preferred Shares Documents, the Amended Credit Agreement and the amendments contemplated by this Amendment, in each case shall be permitted pursuant to the terms of the 2014 Notes Documents.

 

60


* * * CONFIDENTIAL * * *

 

21. The Administrative Agent shall have received true, correct and complete copies of the Water Merger Agreement, the Consent Solicitation Documents, the Water Secured Notes Documents, the Cott Unsecured Notes Documents, the Water Preferred Shares Documents, and all agreements executed in connection therewith together with a certificate of an authorized officer of the Company certifying as to the accuracy and completeness of such documents, and such documents may be made available to each Lender requesting a copy of the same.

22. The Administrative Agent and each Lender shall have received, at least 3 Business Days prior to the Amendment No. 5 Effective Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the USA PATRIOT Act (in each case to the extent requested of the Borrower Representative at least 5 Business Days prior to the Amendment No. 5 Effective Date).

23. The Lenders, the Collateral Agents and the Administrative Agent shall have received all fees required to be paid, including pursuant to Section VII hereof, and all expenses for which invoices have been presented (including the reasonable fees and expenses of legal counsel), on or before the Amendment No. 5 Effective Date, including all fees required to be paid pursuant to the Fee Letters.

24. At the time of and immediately after giving effect to this Amendment, the Borrowings under the Amended Credit Agreement, and the Water Transactions, in each case on the Amendment No. 5 Effective Date, Aggregate Availability shall not be less than $100,000,000.

25. The Administrative Agent shall have received insurance certificates complying with the terms of the Amended Credit Agreement and the other Loan Documents (including with respect to the Water Group), naming the Administrative Agent or the Administrative Collateral Agent as additional insured, loss payee or lender loss payable, as the case may be, under all insurance policies maintained by each Loan Party; provided that, in the case of the Water Group, if the Borrowers are unable, after using commercially reasonable efforts, to deliver the foregoing, the Borrowers may instead deliver such documents within five Business Days after the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent).

26. The Administrative Agent shall have received, in each case in form and substance satisfactory to the Administrative Agent, with respect to each real property listed on Schedule 1.01(g)(1) (each an “Additional Mortgaged Property”), (a) an appraisal report, (b) an environmental assessment report and Phase I study, in each case which does not indicate any material Environmental Liability or material non-compliance with Environmental Law, (c) a fully executed and notarized Mortgage in recordable form, (d) an opinion of counsel in the state in which such real property is located from counsel reasonably satisfactory to the Administrative Agent, (e) an ALTA or other mortgagee’s title policy with endorsements and in amounts acceptable to the Administrative Agent insuring the first-priority Lien of the Administrative Collateral Agent, for the benefit of the Secured Parties, subject only to Permitted Encumbrances, and (f) a flood certificate, and if any such Additional Mortgaged Property is determined by the Administrative Agent to be in a flood zone, a flood notification form signed by the Borrower Representative or the applicable Loan Party, and evidence that flood insurance is in place for all improvements and their contents.

 

61


* * * CONFIDENTIAL * * *

 

27. The Administrative Agent shall have received, in each case in form and substance satisfactory to the Administrative Agent, with respect to each real property located in the United States and listed on Schedule 1.01(a) (each an “Existing Mortgaged Property”), (a) an appraisal report, (b) a fully executed and notarized Mortgage in recordable form, which amends and restates the existing Mortgage in favor of the Administrative Collateral Agent with respect to such Existing Mortgaged Property, (c) an opinion of counsel in the state in which such real property is located from counsel reasonably satisfactory to the Administrative Agent, (d) a date down/ALTA 11 modification endorsement to the title policy previously issued with respect to the existing Mortgage on such Existing Mortgaged Property, and (e) a flood certificate, and if any such Existing Mortgaged Property is determined by the Administrative Agent to be in a flood zone, a flood notification form signed by the Borrower Representative or the applicable Loan Party, and evidence that reasonable flood insurance is in place for improvements on Existing Mortgaged Property located in a flood zone, in form and substance satisfactory to the Administrative Agent.

IV. Representations and Warranties of the Loan Parties. To induce the other parties hereto to enter into this Amendment, each Loan Party represents and warrants to each Lender and each Agent as of the date hereof as follows:

1. Each Loan Party has the legal power and authority to execute and deliver this Amendment and the officers of each Loan Party executing this Amendment have been duly authorized to execute and deliver the same and bind such Loan Party with respect to the provisions hereof.

2. This Amendment has been duly executed and delivered by each Loan Party that is a party hereto.

3. This Amendment and the Amended Credit Agreement each constitutes the legal, valid and binding obligations of each Loan Party, enforceable against such Loan Party in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

4. The execution and delivery by each Loan Party of this Amendment, the performance by each Loan Party of its obligations under this Amendment, the Amended Credit Agreement and under the other Loan Documents to which it is a party and the consummation of the transactions contemplated by this Amendment, the Amended Credit Agreement and the other Loan Documents: (i) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect, (ii) will not violate any Requirement of Law or conflict with any Certificate of Incorporation, By-Laws, or other organizational or governing documents (including, without limitation, the Memorandum and Articles of Association), in each case applicable to any Loan Party or any of its Subsidiaries, (iii) will not violate or result in a default under any indenture or other agreement governing Indebtedness or any other material agreement or other instrument binding upon any Loan Party or any of its Restricted Subsidiaries, or give

 

62


* * * CONFIDENTIAL * * *

 

rise to a right thereunder to require any payment to be made by any Loan Party or any of its Restricted Subsidiaries and (iv) will not result in the creation or imposition of any Lien on any asset of any Loan Party or any of its Restricted Subsidiaries, except Liens created pursuant to the Loan Documents.

5. Each Borrower and each other Loan Party hereby reaffirms all covenants and the representations and warranties contained in the Loan Documents, in this Section IV, and in clause 7 of Section III of this Amendment, and agrees and confirms that all such representations and warranties are true and correct in all material respects on and as of the date of this Amendment as though made on and as of such date, except for any representation and warranty made as of an earlier date, which representation and warranty remains true and correct in all material respects as of such earlier date.

V. Post-Closing Covenants.

1. The Company shall promptly deliver to the Administrative Agent on the Amendment No. 5 Effective Date a copy of the Certificate of Merger for the Water Acquisition certified by the Delaware Secretary of State.

2.(a) Within 90 days after the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Company and its Subsidiaries shall deliver to the Administrative Agent the documents and instruments otherwise required to be delivered under Section III.14 hereof, and updated short-form Intellectual Property security agreements or similar Collateral Documents for the applicable Loan Parties covering all Intellectual Property applications and registrations issued or pending in Canada, the United Kingdom and the United States in proper form for filing with the applicable governmental offices or agencies in Canada, the United Kingdom and the United States, in each case subject to the Permitted Perfection Limitations and the terms of the applicable Loan Documents, and (b) within 5 Business Days after the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Company and its Subsidiaries shall deliver to the Administrative Agent the documents otherwise required to be delivered under Section III.25 hereof.

3. Notwithstanding anything to the contrary in the Amended Credit Agreement or any other Loan Document, no later than 90 days following the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Loan Parties shall cause each Restricted Subsidiary acquired pursuant to such acquisition to transition all deposit accounts owned by such Restricted Subsidiaries to Chase or any other financial institution provided that Chase or such other financial institutions have delivered deposit account control agreements or similar agreements, in each case satisfactory to the Administrative Collateral Agent, to the extent required under the relevant Security Agreement.

4. Notwithstanding anything to the contrary in the Amended Credit Agreement or in any other Loan Document, no later than 30 days following the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Administrative Agent shall have received endorsements (in form and substance reasonably satisfactory to the Administrative Agent) naming the Administrative Agent or the Administrative Collateral Agent as additional insured, loss payee or lender loss payable, as the case may be, under all insurance policies maintained by each Loan Party.

 

63


* * * CONFIDENTIAL * * *

 

5. Notwithstanding anything to the contrary in the Amended Credit Agreement or any other Loan Document, no later than 90 days following the Amendment No. 5 Effective Date, the Loan Parties shall have (i) commenced appraisals of Inventory of the Water Group from one or more appraisers selected and engaged by the Administrative Agent, and prepared on a basis satisfactory to the Administrative Agent and the Administrative Collateral Agent, such appraisals to include, without limitation, information required by applicable law and regulations, with such appraisals being at the sole cost and expense of the Loan Parties, and (ii) provided access to the properties, books, records and employees of the Water Group to conduct, and shall have commenced, field examinations, to ensure the adequacy of assets that will constitute Borrowing Base Collateral and related reporting and control systems, with such field examinations being at the sole cost and expense of the Loan Parties and subject to the satisfaction of the Administrative Agent and the Administrative Collateral Agent. Notwithstanding anything to the contrary in the Amended Credit Agreement or any other Loan Document, the appraisals and field examinations described in the immediately preceding sentence shall be completed and shall be in form and substance reasonably satisfactory to the Administrative Agent and the Administrative Collateral Agent no later than April 30, 2015 or such later date as the Administrative Agent agrees in its sole discretion, but in any event not to exceed 180 days after the Amendment No. 5 Effective Date unless the Required Lenders agree in their sole discretion; provided, however, that a Lender shall be deemed to have consented to an extension under this clause 5 if such Lender shall not object to such extension in a written notice delivered to the Borrower Representative and the Administrative Agent prior to 5:00 p.m. (New York City time) on the 10th day immediately following the date that a request to extend the time period for taking the actions and delivering the documents described in this clause 5 has been posted to all of the Lenders on Intralinks.

6. Within 60 days after the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Company and its Subsidiaries shall deliver to the Administrative Agent (a) recorded or file-stamped copies of (or evidence of the filing of) mortgage releases, intellecutal property security agreement terminations and UCC-3 amendments, in each case to clean-up the record with respect to mortgages, intellectual property security agreements and UCC-1 financing statements previously filed to secure and evidence liens in respect of legacy financings (other than the financings described in Section III.15) that have been repaid in full and for which the Company or its Subsidiaries have received an executed payoff and release letter, but for which mortgage releases, intellecutal property security agreement terminations and UCC-3 financing statements, as applicable, have not been properly filed prior to the Amendment No. 5 Effective Date and (b) possessory collateral together with applicable instruments of transfer executed in blank for all Equity Interests in Cott Retail Brands Limited owned by the Company, and one or more endorsements executed in blank for the Second Amended and Restated Intercompany Subordinated Demand Promissory Note.

7. The Administrative Agent shall have received, no later than 90 days following the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), with respect to each Additional Mortgaged Property,

 

64


* * * CONFIDENTIAL * * *

 

an ALTA survey for which all fees have been paid and which is certified to Administrative Agent and the issuer of the title insurance policy with respect to such Additional Mortgaged Property in a manner satisfactory to the Administrative Agent by a land surveyor duly registered and licensed in the state in which such Additional Mortgaged Property is located and acceptable to the Administrative Agent, and depicting all buildings and other improvements located on such Additional Mortgaged Property, any offsite improvements, the location of any easements, parking spaces, rights of way, building setback lines and other dimensional regulations and the absence of encroachments, either by such improvements or on to such property, and other defects, other than encroachments and other defects acceptable to the Administrative Agent, and otherwise in form and substance acceptable to the Administrative Agent.

8. The Administrative Agent shall have received, no later than 90 days following the Amendment No. 5 Effective Date (or such later date as the Administrative Agent may agree in its sole discretion, or as may be automatically extended pursuant to the terms of the last paragraph of this clause 8 (the “Supplemental Property Documentation Delivery Date”)) with respect to each real property listed on Schedule 1.01(g)(2) (each a “Water Mortgaged Property”), the following, each in form and substance acceptable to the Administrative Agent:

(a) an appraisal report in form and substance reasonably satisfactory to all Lenders;

(b) an environmental assessment report and Phase I study (and, if requested by the Administrative Agent, any Collateral Agent or any Lender, a Phase II study), in each case reasonably satisfactory to all Lenders, it being understood that, solely for the purpose of this clause (b), such report and study shall be reasonably satisfactory if it does not indicate any material Environmental Liability or any material non-compliance with Environmental Law;

(c) a fully executed and notarized Mortgage in recordable form;

(d) an opinion of counsel in the state in which such real property is located from counsel reasonably satisfactory to the Administrative Agent;

(e) an ALTA or other mortgagee’s title policy with endorsements and in amounts acceptable to the Administrative Agent insuring the first priority lien of the Administrative Collateral Agent, for the benefit of the Secured Parties, subject only to Permitted Encumbrances;

(f) a flood certificate, and if any such Water Mortgaged Property is determined by the Administrative Agent to be in a flood zone, and a flood notification form signed by the Borrower Representative or the applicable Loan Party, in each case in form and substance reasonably satisfactory to the Lenders;

(g) evidence that reasonable flood insurance is in place for improvements on Water Mortgaged Property located in a flood zone, in form and substance reasonably satisfactory to the Lenders;

(h) an ALTA survey for which all fees have been paid and which is certified to the Administrative Agent and the issuer of the title insurance policy with respect to

 

65


* * * CONFIDENTIAL * * *

 

such Water Mortgaged Property in a manner satisfactory to the Administrative Agent by a land surveyor duly registered and licensed in the state in which such Water Mortgaged Property is located and acceptable to the Administrative Agent, and depicting all buildings and other improvements located on such Water Mortgaged Property, any offsite improvements, the location of any easements, parking spaces, rights of way, building setback lines and other dimensional regulations and the absence of encroachments, either by such improvements or on to such property, and other defects, other than encroachments and other defects acceptable to the Administrative Agent, and otherwise in form and substance acceptable to the Administrative Agent; provided that the ALTA surveys delivered to the Administrative Agent for certain Water Mortgaged Properties prior to the Amendment No. 5 Effective Date, together with an “Affidavit of No Change” executed by the applicable Loan Party with respect to such Water Mortgaged Properties shall be reasonably acceptable to the Administrative Agent for the purposes of satisfying the requirements under this clause (h) if the same are in form and substance reasonably acceptable to the title company for purposes of deleting the general survey exceptions and providing a “same as survey” endorsement with respect to the title policy for such Water Mortgaged Properties;

(i) a subordination agreement executed by the Water Secured Notes Collateral Agent, in form and substance acceptable to Administrative Agent and to the title company issuing the title policy with respect to such Water Mortgaged Property for purposes of subordinating the Water Secured Notes Collateral Agent’s Lien granted under the Water Secured Notes Documents to the Lien granted in favor of the Administrative Collateral Agent under the Mortgage in respect of such Water Mortgaged Property; and

(j) a UCC financing statement amendment terminating any prior lien of record set forth in any UCC financing statement in favor of the Water Secured Notes Collateral Agent with respect to such Water Mortgaged Property.

Notwithstanding anything in this clause 8 to the contrary, each Lender shall be deemed to have consented to the designation by the Company of any Water Mortgaged Property satisfying all of the requirements of this clause 8 as Eligible Supplemental Real Property and the inclusion of such real property in the Borrowing Base in accordance with the terms of the Amended Credit Agreement if such Lender shall not object to such designation and inclusion in a written notice delivered to the Borrower Representative and the Administrative Agent prior to 5:00 p.m. (New York City time) on the 15th Business Day immediately following the date that the last set of documents described in clauses (a), (b) and (f) of this clause 8 for such Water Mortgaged Property has been posted to all of the Lenders on Intralinks, subject to the satisfaction of all of the other requirements of this clause 8. Any such notice shall state with specificity (I) the basis for which the objection is made (and such basis shall be directly linked to an issue or deficiency in the documents described in clauses (a), (b) and (f) of this clause 8), (II) any supplemental information required to address or cure such issue or deficiency, and (III) all actions with respect to such issues or deficiencies required by such Lender to cure such deficiency. For each Water Mortgaged Property, any Lender that does not object as described above within the time period described above shall be deemed to have provided consent, for all purposes under the Loan Documents, to the designation by the Company of any Water Mortgaged Property as Eligible Supplemental Real Property and the inclusion of such real property in the Borrowing Base in accordance with the terms of the Amended Credit Agreement, subject to the satisfaction of all of

 

66


* * * CONFIDENTIAL * * *

 

the other requirements of this clause 8. Following any duly delivered objection with respect to any Water Mortgaged Property by any Lender under this clause 8, if less than 30 days remain to satisfy the requirements under this clause 8 for such Water Mortgaged Property, such period shall automatically be extended to provide the Loan Parties with 30 days to address such objection (or such later date as the Administrative Agent may agree in its sole discretion). If, after the Loan Parties address all issues and deficiencies identified in any such objection delivered in accordance with the terms of this clause 8 with respect to such Water Mortgaged Property, each objecting Lender provides a written notice to the Administrative Agent and the Borrower Representative prior to the expiration of the time for providing the documents required under this clause 8, stating that such Lender is satisfied with the documents described in clauses (a), (b) and (f) of this clause 8 as supplemented by the information provided and actions taken pursuant to such Lender’s objection, then all Lenders shall be deemed to have consented to the designation by the Company of such Water Mortgaged Property as Eligible Supplemental Real Property and the inclusion of such real property in the Borrowing Base in accordance with the terms of the Amended Credit Agreement, subject to the satisfaction of all of the other requirements of this clause 8. If the objecting Lender fails to provide any notice pursuant to the immediately preceding sentence of this clause 8 within 10 Business Days of the date such supplemental materials are posted on Intralinks or if such Lender shall fail to provide the basis for any continued objection within such 10 Business Day period, such Lender shall be deemed to have consented to the inclusion of the applicable Water Mortgaged Property as Eligible Supplemental Real Property and the inclusion of such real property in the Borrowing Base in accordance with the terms of the Amended Credit Agreement, subject to the satisfaction of all of the other requirements of this clause 8. If the Loan Parties have not satisfied the requirements of this clause 8 for any Water Mortgaged Property by the end of the time period permitted under this clause 8, then such Water Mortgaged Property shall cease to constitute Water Mortgaged Property, shall not be eligible for designation as Eligible Supplemental Real Property, and shall not be included in the PP&E Component or the Borrowing Base unless otherwise agreed by the applicable parties pursuant to an amendment to the Amended Credit Agreement in accordance with the terms thereof. Any parcel of Water Mortgaged Property that satisfies all of the requirements of this Section V clause 8 and that has been designated as Eligible Supplemental Real Property in accordance with the terms of the Amended Credit Agreement shall be included in the PP&E Component and the applicable Borrowing Base to the extent permitted and in accordance with the terms of the Amended Credit Agreement, regardless of whether other Water Mortgaged Property has satisfied the requirements of this clause 8 at such time, and such other Water Mortgaged Property may be eligible for designation as Eligible Supplemental Real Property at a later date, subject to the satisfaction of all requirements of this clause 8 and the terms of the Amended Credit Agreement, in each case with respect to such other Water Mortgaged Property, so long as the Supplemental Real Property Amortization Trigger Date has not yet occurred. If at any time prior to the Supplemental Real Property Amortization Trigger Date the Borrower Representative and any of the Administrative Agent or any Collateral Agent agree to remove any Additional Mortgaged Property from the Borrowing Base and the Aggregate Borrowing Base for any reason, each Agent, each Lender and each Issuing Bank hereby agrees and consents to the release of the Lien granted under the Mortgage in respect of such Additional Mortgaged Property and the filing of UCC-3 amendments to release any fixture filings in respect of such Mortgage so long as (1) on or before the date that any such release becomes effective, the Borrower Representative shall have delivered to the Administrative Agent an updated Aggregate Borrowing Base Certificate and updated Borrowing Base Certificates

 

67


* * * CONFIDENTIAL * * *

 

reflecting the removal of such Additional Mortgaged Property from the Aggregate Borrowing Base, the applicable Borrowing Base, and the PP&E Component, and such Additional Mortgaged Property shall cease to constitute Eligible Supplemental Real Property for all purposes under the Loan Documents and (2) immediately after giving effect to such release, Aggregate Availability is at least the greater of (x) 15% of the Line Cap and (y) $50,000,000.

9. The Administrative Agent shall have received, no later than 10 Business Days following the Supplemental Property Documentation Delivery Date with respect to each real property listed on Schedule 1.01(g)(2) for which the requirements set forth in clause 8 above have not been satisfied within the time period set forth in clause 8 (each a “Water Excluded Property”), the following, each in form and substance acceptable to the Administrative Agent, solely to the extent that there exists a mortgage of record or UCC financing statement of record in favor of the Water Secured Notes Collateral Agent:

(a) a duly executed and notarized mortgage release with respect to such Water Excluded Property, in a form recordable in the county in which such Water Excluded Property is located, releasing of record any mortgage, deed of trust or similar lien of record in favor of the Water Secured Notes Collateral Agent with respect to the Water Secured Notes Documents; and

(b) a UCC financing statement amendment terminating the lien of any UCC financing statement in favor of the Water Secured Notes Collateral Agent with respect to the Water Secured Notes Documents and such Water Excluded Property.

10. Within 5 Business Days after the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Company and its Subsidiaries shall deliver to the Administrative Agent a copy of the Company’s amended and restated articles of amalgamation, certified by the appropriate filing office or offices in Canada.

11. Within 45 days after the Amendment No. 5 Effective Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Company and its Subsidiaries shall deliver to the Administrative Agent a copy of any mortgages filed in favor of the Water Secured Notes Collateral Agent that were not otherwise delivered to the Administrative Agent on or prior to the Amendment No. 5 Effective Date.

VI. Reference to and Effect on the Credit Agreement.

1. Upon the effectiveness of this Amendment pursuant to Section III above, on and after the date hereof, each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof,” “herein” or words of like import shall mean and be a reference to the Credit Agreement as modified hereby.

2. Except as specifically amended or modified by this Amendment and the Reaffirmation Agreements, the Credit Agreement, the other Loan Documents and all other documents, instruments and agreements executed and/or delivered in connection therewith, shall remain in full force and effect, and are hereby ratified and confirmed.

 

68


* * * CONFIDENTIAL * * *

 

3. The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent, any other Agent, the Issuing Banks, the Swingline Lenders, or the Lenders, nor constitute a waiver of any provision of the Credit Agreement, any other Loan Document, or any other documents, instruments and agreements executed and/or delivered in connection therewith.

VII. Costs and Expenses. Each Borrower agrees to pay all reasonable out-of-pocket expenses, including the reasonable fees, charges and disbursements of counsel for the Administrative Agent and the Co-Collateral Agent, incurred by any Agent and any of its Affiliates in connection with the preparation, arrangement, execution and enforcement of this Amendment and all other instruments, agreements and other documents executed in connection herewith. To the extent invoiced on or before the Amendment No. 5 Effective Date, all costs and expenses in connection with this Amendment are due on or prior to the Amendment No. 5 Effective Date.

VIII. Miscellaneous.

1. Governing Law. EXCEPT AS OTHERWISE PROVIDED IN SECTION III.7 OF THIS AMENDMENT, THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, AND ANY DISPUTE BETWEEN ANY BORROWER AND ANY OTHER PARTY HERETO ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED BETWEEN THEM IN CONNECTION WITH, THIS AMENDMENT, THE CREDIT AGREEMENT, THE AMENDED CREDIT AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS, AND WHETHER ARISING IN CONTRACT, TORT, EQUITY, OR OTHERWISE, SHALL BE RESOLVED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING 5-1401 OF THE GENERAL OBLIGATION LAW OF THE STATE OF NEW YORK BUT OTHERWISE WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS).

2. Waiver. To induce the Administrative Agent, the other Agents, the Issuing Banks, the Swingline Lenders and the Lenders to enter into this Amendment, each Loan Party further acknowledges that it has no actual or potential defense, offset, claim, counterclaim or cause of action against the Administrative Agent or any other Agent or Lender for any actions or events occurring on or before the date hereof, and each Loan Party hereby waives and releases any right to assert same.

3. Headings. Section headings in this Amendment are included herein for convenience of reference only, are not part of this Amendment and shall not affect the construction of, or be taken into consideration in interpreting, this Amendment.

4. Terms Generally. References in this Amendment, the Credit Agreement and the Amended Credit Agreement to the words “clause” and “paragraph” shall be construed to have the same meaning.

5. Counterparts. This Amendment may be executed in any number of counterparts, all of which taken together shall constitute one agreement, and any of the parties hereto may execute this Amendment by signing any such counterpart. Delivery of an executed counterpart of a signature page of this Amendment by facsimile or by other electronic image

 

69


* * * CONFIDENTIAL * * *

 

scan transmission (i.e., “pdf” or “tif”) shall be effective as delivery of a manually executed counterpart of this Amendment. The Administrative Agent may also require that any such documents and signatures delivered by facsimile or by other electronic image scan transmission be confirmed by a manually signed original thereof; provided that the failure to request or deliver the same shall not limit the effectiveness of any document or signature delivered by facsimile or other electronic image scan transmission.

6. No Strict Construction. The parties hereto have participated jointly in the negotiation and drafting of this Amendment, the Amended Credit Agreement and the other Loan Documents. In the event an ambiguity or question of intent or interpretation arises, this Amendment, the Amended Credit Agreement and the other Loan Documents shall be construed as if drafted jointly by the parties hereto and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provisions of this Amendment, the Amended Credit Agreement or any of the other Loan Documents.

7. Amendment Constitutes Loan Document. This Amendment and each Reaffirmation Agreement shall constitute a “Loan Document” for purposes of the Credit Agreement, the Amended Credit Agreement and the other Loan Documents.

8. Intercreditor Agreement; Amendments to Security Agreements. Each Lender party hereto hereby consents to the terms of the Intercreditor Agreement and the amendments contained in the Fourth Canadian Reaffirmation Agreement and the Fourth U.S. Reaffirmation Agreement, and authorizes and directs the Administrative Agent, the Administrative Collateral Agent and the UK Security Trustee to enter into the Intercreditor Agreement, the Fourth Canadian Reaffirmation Agreement and the Fourth U.S. Reaffirmation Agreement as of the Amendment No. 5 Effective Date.

9. FATCA. For purposes of determining withholding Taxes imposed under FATCA, from and after the Amendment No. 5 Effective Date, the Loan Parties and the Administrative Agent shall treat (and the Lenders hereby authorize the administrative agent to treat the Amended credit agreement as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

[The remainder of this page is intentionally blank.]

 

70


* * * CONFIDENTIAL * * *

 

IN WITNESS WHEREOF, this Amendment has been duly executed as of the day and year first above written.

 

BORROWERS:

COTT CORPORATION CORPORATION

COTT

By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
COTT BEVERAGES INC.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
CLIFFSTAR LLC
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
COTT BEVERAGES LIMITED
By

/s/ Gregory Leiter

Name: Gregory Leiter
Title: Director
DS SERVICES OF AMERICA, INC.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer


* * * CONFIDENTIAL * * *

 

OTHER LOAN PARTIES:
156775 CANADA INC.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
967979 ONTARIO LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
804340 ONTARIO LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
2011438 ONTARIO LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
COTT RETAIL BRANDS LIMITED
By

/s/ Gregory Leiter

Name: Gregory Leiter
Title: Director


* * * CONFIDENTIAL * * *

 

COTT LIMITED
By

/s/ Gregory Leiter

Name: Gregory Leiter
Title: Director
COTT EUROPE TRADING LIMITED
By

/s/ Gregory Leiter

Name: Gregory Leiter
Title: Director
COTT PRIVATE LABEL LIMITED
By

/s/ Gregory Leiter

Name: Gregory Leiter
Title: Director
COTT NELSON (HOLDINGS) LIMITED
By

/s/ Gregory Leiter

Name: Gregory Leiter
Title: Director
COTT (NELSON) LIMITED
By

/s/ Gregory Leiter

Name: Gregory Leiter
Title: Director
COTT USA FINANCE LLC
By

/s/ Ceaser Gonzalez

Name: Ceaser Gonzalez
Title: President


* * * CONFIDENTIAL * * *

 

COTT HOLDINGS INC.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
INTERIM BCB, LLC
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
COTT VENDING INC.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
COTT INVESTMENT, L.L.C.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
COTT U.S. ACQUISITION LLC
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
COTT ACQUISITION LLC
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer


* * * CONFIDENTIAL * * *

 

STAR REAL PROPERTY LLC
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
CAROLINE LLC
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer


* * * CONFIDENTIAL * * *

 

COTT UK ACQUISITION LIMITED
By

/s/ Joanne Lloyd-Davies

Name: Joanne Lloyd-Davies
Title: Director
COTT ACQUISITION LIMITED
By

/s/ Joanne Lloyd-Davies

Name: Joanne Lloyd-Davies
Title: Director


* * * CONFIDENTIAL * * *

 

COTT LUXEMBOURG S.A R.L. a company incorporated in Luxembourg,

with a share capital of USD 3,536,337.84,

having its registered office at

595, rue de Neudorf, L-2220 Luxembourg,

RCS Luxembourg B 162397

By

/s/ Joanne Lloyd-Davies

Name: Joanne Lloyd-Davies
Title: Class A Manager


* * * CONFIDENTIAL * * *

 

COTT DEVELOPMENTS LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Director
COOKE BROS HOLDINGS LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Director
COOKE BROS. (TATTENHALL)
LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Director
CALYPSO SOFT DRINKS LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Director
TT CALCO LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Director
MR FREEZE (EUROPE) LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Director


* * * CONFIDENTIAL * * *

 

COTT VENTURES UK LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Director
COTT VENTURES LIMITED
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Director
AIMIA FOODS HOLDINGS LIMITED
By

/s/ Joanne Lloyd-Davies

Name: Joanne Lloyd-Davies
Title: Director
AIMIA FOODS LIMITED
By

/s/ Joanne Lloyd-Davies

Name: Joanne Lloyd-Davies
Title: Director
AIMIA FOODS GROUP LIMITED
By

/s/ Joanne Lloyd-Davies

Name: Joanne Lloyd-Davies
Title: Director
STOCKPACK LIMITED
By

/s/ Joanne Lloyd-Davies

Name: Joanne Lloyd-Davies
Title: Director


* * * CONFIDENTIAL * * *

 

AIMIA FOODS EBT COMPANY

LIMITED

By

/s/ Joanne Lloyd-Davies

Name: Joanne Lloyd-Davies
Title: Director
DS SERVICES HOLDINGS, INC.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer

CRYSTAL SPRINGS OF ALABAMA

HOLDINGS, LLC

By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
DSS GROUP, INC.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer
DELIVERY ACQUISITION, INC.
By

/s/ Jason Ausher

Name: Jason Ausher
Title: Treasurer


* * * CONFIDENTIAL * * *

 

JPMORGAN CHASE BANK, N.A.,

individually, as an Issuing Bank, as a

Swingline Lender and as a Lender

By

/s/ Lisa A. Morrison

Name: Lisa A. Morrison
Title: Authorized Officer
JPMORGAN CHASE BANK, N.A., as Administrative Agent and as Administrative Collateral Agent
By

/s/ Lisa A. Morrison

Name: Lisa A. Morrison
Title: Authorized Officer

JPMORGAN CHASE BANK, N.A.,

TORONTO BRANCH, as an Issuing Bank,

as a Swingline Lender and as a Lender

By

/s/ Agostino A. Marchetti

Name: Agostino A. Marchetti
Title: Authorized Officer

JPMORGAN CHASE BANK, N.A.,

LONDON BRANCH, as an Issuing Bank, as

a Swingline Lender and as a Lender

By

/s/ Timothy I. Jacob

Name: Timothy I. Jacob
Title: Senior Vice President


* * * CONFIDENTIAL * * *

 

JPMORGAN CHASE BANK, N.A.,

LONDON BRANCH, as UK Security

Trustee

By

/s/ Timothy I. Jacob

Name: Timothy I. Jacob
Title: Senior Vice President


* * * CONFIDENTIAL * * *

 

BANK OF AMERICA, N.A.,

as Documentation Agent and as a Lender

By

/s/ Andrew A. Doherty

Name: Andrew A. Doherty
Title: Senior Vice President

BANK OF AMERICA, N.A., CANADA

BRANCH, as a Lender

By

/s/ Sylwia Durkiewicz

Name: Sylwia Durkiewicz
Title: Vice President


* * * CONFIDENTIAL * * *

 

GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent

and as a Lender

By

/s/ Philip F. Carfora

Name: Philip F. Carfora
Title: Duly Authorized Signatory


* * * CONFIDENTIAL * * *

 

DEUTSCHE BANK AG NEW YORK

BRANCH, as a Lender

By

/s/ Michael Winters

Name: Michael Winters
Title: Vice President
By

/s/ Kirk L. Tashjian

Name: Kirk L. Tashjian
Title: Vice President


* * * CONFIDENTIAL * * *

 

WELLS FARGO CAPITAL FINANCE,

LLC, as a Lender

By

/s/ Mark Bradford

Name: Mark Bradford
Title: Authorized Signatory

WELLS FARGO CAPITAL FINANCE

CORPORATION CANADA, as a Lender

By

/s/ David G. Phillips

Name: David G. Phillips
Title: Senior Vice President
Credit Officer, Canada

WELLS FARGO BANK, N.A.

(LONDON BRANCH), as a Lender

By

/s/ Steven Chait

Name: Steven Chait
Title: Authorized Signatory


* * * CONFIDENTIAL * * *

 

PNC BANK, NATIONAL ASSOCIATION,
as a Lender
By

/s/ Brian C. Jablon

Name: Brian C. Jablon
Title: Relationship Manager

PNC BANK, CANADA BRANCH,

as a Lender

By

/s/ James Bruce

Name: James Bruce
Title: Vice President


* * * CONFIDENTIAL * * *

 

Annex I

COMMITMENT SCHEDULE

 

Lender

   Commitment  

JPMorgan Chase Bank, N.A. and affiliates

   $ 87,200,000.00   

General Electric Capital Corporation

   $ 87,200,000.00   

Deutsche Bank AG New York Branch and affiliates

   $ 72,000,000.00   

Bank of America, N.A. and affiliates

   $ 57,200,000.00   

Wells Fargo Capital Finance, LLC, and affiliates

   $ 57,200,000.00   

PNC Bank, National Association and affiliates

   $ 39,200,000.00   

Total

   $ 400,000,000.00   


* * * CONFIDENTIAL * * *

 

Schedule 1.01(c)

Unrestricted Subsidiaries

Cott IP Holdings Corp.

Cott NE Holdings Inc.

Northeast Finco Inc.

Northeast Retailer Brands, LLC


* * * CONFIDENTIAL * * *

 

Schedule 1.01(g)

Eligible Supplemental Real Property

(1)

 

Loan Party

  

Location / Address

  

Owned, Leased or
Occupied

Cott Beverages Inc.   

499 E Mill Street,

San Bernardino, CA 92408

   Owned
Cott Beverages Inc.   

4238 Director Drive,

San Antonio, TX 78219

   Owned
Cott Beverages Inc.   

20 Alden Ave,

Concordville, PA 19331

   Owned

(2)

 

Loan Party

  

Location / Address

  

Owned, Leased or
Occupied

DS Services of America, Inc.   

2 Sterling Street,

Irvine, CA 92618

   Owned
DS Services of America, Inc.   

4548 Azusa Canyon Road,

Irwindale, CA 91706

   Owned
DS Services of America, Inc.   

4500 York Blvd,

Los Angeles, CA 90041

   Owned
DS Services of America, Inc.   

8631 Younger Creek Drive,

Sacramento, CA 95828

   Owned
DS Services of America, Inc.   

45 West Noblestown Road,

Carnegie, PA 15106

   Owned
DS Services of America, Inc.   

6055 South Harlem Drive Ave,

Chicago, IL 60638

   Owned
DS Services of America, Inc.   

6155 South Harlem Ave,

Chicago, IL 60638

   Owned
DS Services of America, Inc.   

221 East Alondra Blvd,

Gardena, CA 90248

   Owned
DS Services of America, Inc.   

11811 Highway 67

Lakeside, CA 92040

   Owned
DS Services of America, Inc.   

5331 N.W. 35th Terrace

Fort Lauderdale, FL 33309

   Owned
DS Services of America, Inc.   

748 Veronica S. Shoemaker

Fort Myers, FL 33916

   Owned
DS Services of America, Inc.   

2779 N.W. 112 Avenue

Miami, FL 33172

   Owned
DS Services of America, Inc.   

2445 Hamilton Road

Arlington Heights, IL 60005

   Owned
DS Services of America, Inc.   

9409 Gulf Stream Rd.

Frankfort, IL 60423

   Owned


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned, Leased or
Occupied

DS Services of America, Inc.   

949 E. High St.

Mundelein, IL 60060

   Owned
DS Services of America, Inc.   

1761 Newport Road

Ephrata, PA 17522

   Owned
DS Services of America, Inc.   

4751 Durazno

El Paso, TX 79905

   Owned
DS Services of America, Inc.   

27815 Highway Blvd.

Katy, TX 77494

   Owned
DS Services of America, Inc.   

522 East I Street

Brawley, CA 92227

   Owned
DS Services of America, Inc.   

2615 Temple Heights Dr.

Oceanside, CA 92056

   Owned
DS Services of America, Inc.   

1363 Citrus Street

Riverside, CA 92507

   Owned
DS Services of America, Inc.   

2217 Revere Ave.

San Francisco, CA 94124

   Owned
DS Services of America, Inc.   

7817 Haskell Ave.

Van Nuys, CA 91406

   Owned
DS Services of America, Inc.   

4120 Globeville Rd.

Denver, CO 80216

   Owned
DS Services of America, Inc.   

5951 Carlson Ave.

Portage, IN 46368

   Owned
DS Services of America, Inc.   

588 Johnny F. Smith Blvd.

Slidell, LA 70460

   Owned
DS Services of America, Inc.   

36 Country Club Lane

Belmont, MA 02478

   Owned
DS Services of America, Inc.   

70 First Street

Bridgewater, MA 02324

   Owned
Cliffstar LLC   

11751 Pacific Ave,

Fontana, CA 92337

   Owned
Star Real Property LLC   

1 Cliffstar Ave,

Dunkirk, NY 14048

  

Owned


* * * CONFIDENTIAL * * *

 

Schedule 1.01(h)

Water Preferred Shares

Redemption value of Water Preferred Shares constituting convertible Preferred Stock: $116,054,421.

Redemption value of Water Preferred Shares constituting non-convertible Preferred Stock: $32,711,306.


* * * CONFIDENTIAL * * *

 

Schedule 3.05

Properties

(a) Real property owned or leased:

 

Loan Party

  

Location / Address

  

Owned,
Leased or
Occupied

Cott Beverages Inc.   

499 East Mill Street

San Bernardino, CA 92408

   Owned
Cott Beverages Inc.   

4238 Director Drive

San Antonio, TX 78219

   Owned
Cott Beverages Inc.   

301 Larcel Drive

Sikeston, MO 63801

   Owned
Cott Beverages Inc.   

Conchester Rd & Aldan Ave

Concordville, PA 19331

   Owned
Cott Beverages Inc.   

193 Mauney Rd.

Blairsville, GA 30512

   Owned
Cott Beverages Inc.   

1001 10th Avenue

Columbus, GA 31901

   Owned
Cott Beverages Inc.    1198 (North) Spring Creek Place, Building B, Springville, UT 84663    Leased
156775 Canada Inc.   

6525 Viscount Road

Mississauga, ON L4V 1H6

   Owned

Cott Corporation

Corporation Cott

  

333 Avro Ave

Pointe-Claire, QU H9R 5W3

   Owned

Cott Corporation

Corporation Cott

  

4 Addison Avenue

Scoudouc Industrial Park Scoudouc, NB E4P 3N4

   Owned
Cott Beverages Limited    Elmhurst Spring, South Staff Waterwrks, Hanch, Lichfield, Staffordshire, WS13 8HQ    Leased

Cott Corporation

Corporation Cott

  

4810 – 76 Avenue SE

Calgary, AB T2C 2V2

   Owned
Cott Beverages Limited   

Knottingly Road (Bondgate)

Pontefract, W.YS WF8 2XA

   Owned
Cott Beverages Limited   

Citrus Grove

Side Ley

Kegworth, Derbyshire DE74 2FJ

   Owned
Cott Beverages Limited   

Lindred Road, Lomeshaye Industrial Estate, Brierfield, Nelson, Lancashire, BB9 5SR

Nelson Bottling – N1

   Owned
Cott Beverages Limited    Lindred Road, Lomeshaye Industrial Estate, Brierfield, Nelson, Lancashire, BB9 5SR Nelson Bottling – N2    Owned
Cott Beverages Limited    Macduff Industrial Estate, Old Gamrie Road, Macduff, Banffshire, AB44 1GD    Owned
Cott Beverages Limited    Unit F, Spectrum Business Park, Wrexham Industrial Estate, Wrexham, Clwyd, LL13 9QA    Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

Cott Beverages Limited   

Lindred Road

Lomeshaye Industrial Estate

Brierfield, Nelson BB9 5SR

   Owned
Cott Beverages Limited    Unit D&E Spectrum Business Park, Wrexham Industrial Estate, Wrexham, Clwyd, LL13 9QA    Leased
Cott Beverages Inc.   

15200 Trinity Blvd

Fort Worth, TX 76155

   Leased
Cott Beverages Inc.    570-B East Mill Street San Bernardino, CA 92408    Leased
Cott Beverages Inc.    N. Waterman Avenue, San Bernardino, CA 92404    Leased
Cott Beverages Inc.   

1820 Massaro Blvd.

Tampa, FL 33619

   Leased
Cott Beverages Inc.   

7275 A and B Hazelwood Road

Berkeley, MO 63134

   Leased
Cott Beverages Inc.    104 Keystone Drive, Sikeston, MO 63801    Leased
Cott Beverages Inc.   

4843 International Boulevard

Wilson, NC 27893

   Leased
Cott Beverages Inc.   

4506 East Acline Drive

Tampa, FL 33605

   Leased
Cott Beverages Inc.    2525 Schuetz Road, MO (plant) and Lot - 11705 Northline Industrial Drive, St. Louis, MO 63043-1300    Owned
Cott Beverages Inc.   

4221, 4223, & 4235 Director Drive

San Antonio, TX 78219

   Leased
Cott Beverages Inc.   

11 Aldan Ave.

Concord Industrial Park (Mint)

Concordville, PA

   Leased
Cott Beverages Inc.   

200 South Commerce Drive

Aston, PA 19107

   Leased
Cott Beverages Inc.   

105 Commerce Drive

Aston, PA 19104

   Leased
Cott Vending Inc.   

10838 Ambassador Blvd.

St. Louis, MO 63132

   Leased
Cott Beverages Inc.   

5519 West Idlewild Ave

Tampa, FL 33634

   Leased

Cott Corporation

Corporation Cott

  

15050 - 54A Avenue

Surrey, BC V3S 5X7

   Leased

Cott Corporation

Corporation Cott

  

6425 Airport Road

Mississauga, ON L4V 1E4

   Leased

Cott Corporation

Corporation Cott

  

4901/5001 - 64th Avenue

Calgary, AB T2C 4V4

   Leased
Cott Beverages Inc.    4095 Highway 64 East, Murphy, NC 28906    Leased
Cott Beverages Inc.    4000 East Hwy 6, Spanish Fork, UT 84660    Leased
Cott Beverages Inc.    4801 Cargo Street, Columbus, GA 31907    Leased
Cott Beverages Inc.   

1011 N.W. J Street,

Bentonville, AR 72712

   Leased
Cott Beverages Inc.   

600 Andrews Road,

Columbus, GA 31906

   Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

Cott Luxembourg S. a r. l. (a/o July 2011)    Findel Business Center, Complexe C2, Batiment B, Route de Treves, L-2632 Findel, Luxembourg    Leased
Cliffstar LLC    440 South Roberts Road, Dunkirk, NY 14048    Owned
Cliffstar LLC    312 Main Street, Dunkirk, NY 14048    Owned
Cliffstar LLC    200 Water Street, Fredonia, NY 14063 (Chautauqua County Index Numbers 113.19-3-32.1, 33 & 34)    Owned
Cliffstar LLC    54 W. Main Street, Brocton, NY 14716 (Chautauqua County Index Number 161.08-1-46.2)    Owned
Cliffstar LLC    181 Stegelske Ave., Bunkirk, NY 14048    Leased
Cliffstar LLC    63 Wall Street, North East, PA 16428 (Erie County Index Number (35) 7-54-11)    Owned
Cliffstar LLC    3503 & 3601 Enterprise Avenue, Joplin, MO    Leased
Cliffstar LLC   

11751 Pacific Avenue

Fontana, CA 92337 (Assessors Parcel Numbers: 0238-171-51 & 75)

   Owned
Cliffstar LLC   

5600 E. Francis Street

Ontario, CA 91761

   Leased
Cliffstar LLC    1990 Hood Road, Greer, SC 29650    Owned
Cliffstar LLC    2819 Wade Hampton Boulevard, Taylors, SC 29687    Leased
Cliffstar LLC    3502 Enterprise Avenue, Joplin, MO 64801    Owned
Star Real Property LLC    1 Cliffstar Avenue, Dunkirk, NY 14048    Owned
Cliffstar LLC    23879 Aspen Avenue, Warrens, WI 54666 (Parcel Identification Numbers 024-0163-0000 & 024-0194-0000)    Owned
Cliffstar LLC    65 Chace Road, East Freetown, MA 02717    Owned
Cliffstar LLC    1041 N. 15th Avenue, Walla Walla, WA 99362 (Tax Parcel/Account Numbers: 36-07-19-23-0006, 0007, 0012, 0013; 36-07-19-24-0005, 0206 and 0301)    Owned
Cliffstar LLC    1164 Dell Avenue, Box 755, Walla Walla, WA 99362    Leased
DS Services of America, Inc.    224 South Carlton Ave., Blythe, CA 92225    Owned
DS Services of America, Inc.    519-537 East I Street, Brawley, CA 92227    Owned
DS Services of America, Inc.    522 East I Street, Brawley, CA 92227    Owned
DS Services of America, Inc.    536 East I Street, Brawley, CA 92227    Owned
DS Services of America, Inc.    419 South 8th Street, Brawley, CA 92227    Owned
DS Services of America, Inc.    221 E. Alondra Blvd., Gardena, CA 90248    Owned
DS Services of America, Inc.    2 Sterling Street, Irvine, CA 92618    Owned
DS Services of America, Inc.    4548 Azusa Canyon Rd, Irwindale, CA 91706    Owned


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    11811 Highway 67, Lakeside, CA 92040    Owned
DS Services of America, Inc.    4500 York Blvd., Los Angeles, CA 90041    Owned
DS Services of America, Inc.    4500 Lincoln Ave., Los Angeles, CA 90041    Owned
DS Services of America, Inc.    2615 Temple Heights Dr., Oceanside, CA 92056    Owned
DS Services of America, Inc.    1363 Citrus Street, Riverside, CA 92507    Owned
DS Services of America, Inc.    1522 N. Newhope Street, Santa Ana, CA 92703    Owned
DS Services of America, Inc.    7817 Haskell Ave., Van Nuys, CA 91406    Owned
DS Services of America, Inc.    528 Railroad Ave., Winter Haven, CA 92283    Owned
DS Services of America, Inc.    8631 Younger Creek Drive, Sacramento, CA 95828    Owned
DS Services of America, Inc.    314 Abbott Street, Salinas, CA 93901    Owned
DS Services of America, Inc.    2217 Revere Ave., San Francisco, CA 94124    Owned
DS Services of America, Inc.    110 Union St., Vallejo, CA 94590    Owned
DS Services of America, Inc.    3302 W. Earl Drive, Phoenix, AZ 85017    Owned
DS Services of America, Inc.    4225 W. Desert Inn Road, Las Vegas, NV 89102    Owned
DS Services of America, Inc.    4718 McCarty, Amarillo, TX 79110    Owned
DS Services of America, Inc.    204 Hwy 281, Brownsville, TX 78520    Owned
DS Services of America, Inc.    4751 Durazno, El Paso, TX 79905    Owned
DS Services of America, Inc.    3405 High Prairie Road, Grand Prairie, TX 75050    Owned
DS Services of America, Inc.    27815 Highway Blvd., Katy, TX 77494    Owned
DS Services of America, Inc.    405 Avenue U, Lubbock, TX 79401    Owned
DS Services of America, Inc.    605 S. Marienfeld, Midland, TX 79701    Owned
DS Services of America, Inc.    4271 Dividend St., San Antonio, TX 78219    Owned
DS Services of America, Inc.    4120 Globeville Road, Denver, CO 80216    Owned


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    351 Rosevale Road, Grand Junction, CO 81507    Owned
DS Services of America, Inc.    1825 S. 3730 W, Salt Lake City, UT 84104    Owned
DS Services of America, Inc.    1122 West 27th St., Cheyenne, WY 82001    Owned
DS Services of America, Inc.    4181 Alden Drive, Mobile, AL 36696    Owned
DS Services of America, Inc.    1804 Concept Court, Daytona, FL 32114    Owned
DS Services of America, Inc.    748 Veronica S. Shoemaker (f/k/a Palmetto Ave.), Fort Myers, FL 33916    Owned
DS Services of America, Inc.    4205 N. Old Dixie Hwy., Fort Pierce, FL 34946    Owned
DS Services of America, Inc.    5331 N.W. 35th Terrace, Fort Lauderdale, FL 33309    Owned
DS Services of America, Inc.    5287 & 5289 East Bay Blvd., Gulf Breeze, FL 32563    Owned
DS Services of America, Inc.    7151 SE County Rd 326, Morriston, FL 32668    Owned
DS Services of America, Inc.    8774 4th Avenue, Jacksonville, FL 32208    Owned
DS Services of America, Inc.    2779 NW 112 Avenue, Miami, FL 33172    Owned
DS Services of America, Inc.    3866 Shader Road, Orlando, FL 32808    Owned
DS Services of America, Inc.    Hwy 12 – Indian Springs Rd., Quincy, FL 32351    Owned
DS Services of America, Inc.    4405 S. MacAuthur Blvd., Alexandria, LA 71302    Owned
DS Services of America, Inc.    11465 Reiger Rd., Baton Rouge, LA 70809    Owned
DS Services of America, Inc.    200 Blanchard Lane, Boothville, LA 70041    Owned
DS Services of America, Inc.    I-55 – 301 Frontage Road, Kentwood, LA 70444    Owned
DS Services of America, Inc.    601 Ambassador Caffery Pkwy., Lafayette (Scott), LA 70583    Owned
DS Services of America, Inc.    4810 Opelousas St., Lake Charles, LA 70615    Owned
DS Services of America, Inc.    3418 Howard Avenue, New Orleans, LA 70113    Owned
DS Services of America, Inc.    2502 Poydras Ave., New Orleans, LA 70113    Owned
DS Services of America, Inc.    100 Stable Road, Patterson, LA 70392    Owned


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    588 Johnny F. Smith Blvd, Slidell, LA 70460    Owned
DS Services of America, Inc.    14072 Fastway Lane, Gulfport, MS 39503    Owned
DS Services of America, Inc.    100 E. Market Ridge Drive, Jackson (Ridgeland), MS 39157    Owned
DS Services of America, Inc.    90 Willow Creek Drive, Blue Ridge, GA 30513    Owned
DS Services of America, Inc.    6750 Discovery Blvd., Mableton, GA 30126    Owned
DS Services of America, Inc.    36 Country Club Lane, Belmont, MA 02478    Owned
DS Services of America, Inc.    70 First Street, Bridgewater, MA 02324    Owned
DS Services of America, Inc.    1761 Newport Road, Ephrata, PA 17522    Owned
DS Services of America, Inc.    137 Valley View Drive, Ephrata, PA 17522    Owned
DS Services of America, Inc.    180 Mountain Spring Road, Hopeland, PA 17578    Owned
DS Services of America, Inc.    2445 Hamilton Road, Arlington Heights, IL 60005    Owned
DS Services of America, Inc.    6055 S. Harlem Ave., Chicago, IL 60638    Owned
DS Services of America, Inc.    6155 S. Harlem Ave., Chicago, IL 60638    Owned
DS Services of America, Inc.    6958 W. 60 Street, Chicago, IL 60638    Owned
DS Services of America, Inc.    1171 Jansen Farm Ct., Elgin, IL 60123    Owned
DS Services of America, Inc.    9409 Gulf Stream Road, Frankfort, IL 60423    Owned
DS Services of America, Inc.    949 E. High Street, Mundelein, IL 60060    Owned
DS Services of America, Inc.    105 Harvey Court, Peoria, IL 61611    Owned
DS Services of America, Inc.    2425 Laude Drive, Rockford, IL 61109    Owned
DS Services of America, Inc.    5951 Carlson Ave., Portage, IN 46368    Owned
DS Services of America, Inc.    2545 S. Ferree, Kansas City, KS 66103    Owned
DS Services of America, Inc.    45 West Noblestown Road, Carnegie, PA 15106    Owned
DS Services of America, Inc.    2770 E. 13th Street, Yuma, AZ 85365    Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    145 E. Avenue K-8, Lancaster, CA 93535    Leased
DS Services of America, Inc.    41611 Date Street, Murrieta, CA 92562    Leased
DS Services of America, Inc.    340 N. Irving Drive, Oxnard, CA 93030    Leased
DS Services of America, Inc.    19020 N. Indian Canyon Dr., Palm Springs, CA 92258    Leased
DS Services of America, Inc.    18499 Phantom West, #9, Victorville, CA 92392    Leased
DS Services of America, Inc.    19231 Flightpath Way, Bakersfield, CA 93308    Leased
DS Services of America, Inc.    3114 Thorntree Dr., Chico, CA 95973    Leased
DS Services of America, Inc.    5377 Home Ave., Fresno, CA 93727    Leased
DS Services of America, Inc.    1024 Mellon Avenue, Manteca, CA 95337    Leased
DS Services of America, Inc.    485 Vista Way, Milpitas, CA 95035    Leased
DS Services of America, Inc.    335-B O’Hair Court, Santa Rosa, CA 95407    Leased
DS Services of America, Inc.    110 Union St., Vallejo, CA 94590    Leased
DS Services of America, Inc.    1312 Capital Blvd. #104, Reno, NV 89502    Leased
DS Services of America, Inc.    2580 Landon Drive, Ste. C, Bullhead City, AZ 86429    Leased
DS Services of America, Inc.    11700 E. Berry Drive, Dewey AZ 86327    Leased
DS Services of America, Inc.    4174 E. Huntington Dr., #1, Flagstaff, AZ 86004    Leased
DS Services of America, Inc.    202 Bucket of Blood St., Holbrook, AZ 86025    Leased
DS Services of America, Inc.    828 N. Gonzales Blvd, Huachuca City, AZ 85616    Leased
DS Services of America, Inc.    1740 W. Broadway, Mesa, AZ 85202    Leased
DS Services of America, Inc.    2596 N. Fairview Ave., Tucson, AZ 85705    Leased
DS Services of America, Inc.    4601 SW 36th St., Ste. 100, Oklahoma City, OK 73179    Leased
DS Services of America, Inc.    11915 East 51st St. S, Bldg II, Tulsa, OK 74146    Leased
DS Services of America, Inc.    3612 I-35, Waco, TX 76706    Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    8020 Exchange, Austin, TX 78754    Leased
DS Services of America, Inc.    5248 Washington Blvd., Beaumont, TX 77707    Leased
DS Services of America, Inc.    1338-1340 Centerville Rd., Dallas/Mesquite, TX 75218    Leased
DS Services of America, Inc.    3405 Roy Orr Blvd., Grand Prairie, TX 75050    Leased
DS Services of America, Inc.    6610 Willowbrook Park Drive, Houston, TX 77066    Leased
DS Services of America, Inc.    315 Marvin A. Smith, Kilgore, TX 75662    Leased
DS Services of America, Inc.    6501 S. 28th St., McAllen, TX 78503    Leased
DS Services of America, Inc.    1511 Central Freeway East, Wichita Falls, TX 76302    Leased
DS Services of America, Inc.    1357 S 320 E, St. George, UT 84790    Leased
DS Services of America, Inc.    14 South Spruce St., Colorado Springs, CO 80905    Leased
DS Services of America, Inc.    2599 California Street, Denver, CO 80205    Leased
DS Services of America, Inc.    2633 California Street, Denver, CO 80205    Leased
DS Services of America, Inc.    2640 California Street, Denver, CO 80205    Leased
DS Services of America, Inc.    614 27th Street, Denver, CO 80205    Leased
DS Services of America, Inc.    1930 E. 40th Avenue, Denver, CO 80205    Leased
DS Services of America, Inc.    701 W. Diamond St., Boise, ID 83705    Leased
DS Services of America, Inc.    302 3rd Street South, Twin Falls, ID 83301    Leased
DS Services of America, Inc.    533 South 1325 West, Orem, UT 84058    Leased
DS Services of America, Inc.    225 E. Annabella Road, Richfield, UT 84701    Leased
DS Services of America, Inc.    1985 S. Milestone Dr., Salt Lake City, UT 84104    Leased
DS Services of America, Inc.    1090 E. Hwy 40, Vernal, UT 84078    Leased
DS Services of America, Inc.    63076 S. 18th St., Bend, OR 97701    Leased
DS Services of America, Inc.    249 E Barnett Road, #100, Medford, OR 97501    Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    13233 NE Jarrett Street, Portland, OR 97230    Leased
DS Services of America, Inc.    2495 Prairie Road, Suite D, Eugene, OR 97402    Leased
DS Services of America, Inc.    3915 Fairview Industrial Drive, S.E., #150, Salem, OR 97302    Leased
DS Services of America, Inc.    6004 Blimp Rd., Suite B, Tillamook, OR 97141    Leased
DS Services of America, Inc.    1313 Pacific Place, Burlington, WA 98233    Leased
DS Services of America, Inc.    606 Reynolds Ave., Suite 1, Centralia, WA 98531    Leased
DS Services of America, Inc.    21608 85th Ave., Kent, WA 98031    Leased
DS Services of America, Inc.    8602 S. 218th Street (lot), Kent, WA 98301    Leased
DS Services of America, Inc.    1002 River Road, Suites 6&7, Yakima, WA 98902    Leased
DS Services of America, Inc.    2520 Aileron Road, Richland, WA 99352    Leased
DS Services of America, Inc.    2205 N. Woodruff, Spokane, WA 99216    Leased
DS Services of America, Inc.    3008 Commerce Square S., Irondale (Birmingham), AL 35210    Leased
DS Services of America, Inc.    30352 Quail Roost Trail, Big Pine Key, FL 33043    Leased
DS Services of America, Inc.    3539 SW 74th Ave, Ocala, FL 34474    Leased
DS Services of America, Inc.    10290 U.S. Highway 19N, Pinellas Park, FL 33782    Leased
DS Services of America, Inc.    4825 Woodlane Circle, Tallahassee, FL 32303    Leased
DS Services of America, Inc.    6610 Anderson Rd., Tampa, FL 33634    Leased
DS Services of America, Inc.    126 Clendenning Rd. K-1-81, Houma, LA 70363    Leased
DS Services of America, Inc.    126 Clendenning Rd. E-2-72, Houma, LA 70363    Leased
DS Services of America, Inc.    1044 2nd Street (US Hwy. 51), Osyka, MA 39657    Leased
DS Services of America, Inc.    404 Industrial Drive, Minden, LA 71055    Leased
DS Services of America, Inc.    S. Galvez & Howard Ave., New Orleans, LA 70113    Leased
DS Services of America, Inc.    4371 A Interstate Drive, Macon, GA 31210    Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    555 Walt Sanders Memorial Dr., Newnan, GA 30542    Leased
DS Services of America, Inc.    167 Knowlton Way, Savannah, GA 31407    Leased
DS Services of America, Inc.    1200 Northbrook Pkwy., Suwanee, GA 30024    Leased
DS Services of America, Inc.    802 North Forest Drive, Valdosta, GA 31601    Leased
DS Services of America, Inc.    2020-C Starita Road, Charlotte, NC 28206    Leased
DS Services of America, Inc.    2606 Phoenix Drive #802, Greensboro, NC 27408    Leased
DS Services of America, Inc.    5025 Departure Dr., Ste. 105, Raleigh, NC 27616    Leased
DS Services of America, Inc.    312 Raleigh St., Wilmington, NC 28412    Leased
DS Services of America, Inc.    269 Lakewood Drive, Greenville, SC 29607    Leased
DS Services of America, Inc.    568 Bishop Parkway, Myrtle Beach, SC 29579    Leased
DS Services of America, Inc.    11141 Outlet Drive, Knoxville, TN 37932    Leased
DS Services of America, Inc.    3835 Knight Rd., Suite 11, Memphis, TN 38118    Leased
DS Services of America, Inc.    1131 4th Ave. South, Nashville, TN 37210    Leased
DS Services of America, Inc.    8925 Transport Lane, Transport Lane, Ooltewah (Chattanooga), TN 37363    Leased
DS Services of America, Inc.    420 Woodland Avenue, Bloomfield, CT 06002    Leased
DS Services of America, Inc.    18907 Marantha Blvd., #1, Bridgeville, DE 19933    Leased
DS Services of America, Inc.    20 Shea Way, #209-210, Newark, DE 19713    Leased
DS Services of America, Inc.    9331 Philadelphia Rd, St. F, Baltimore, MD 21237    Leased
DS Services of America, Inc.    6403 Ammendale Road, Beltsville, MD 20705    Leased
DS Services of America, Inc.    300 Columbus Circle, Ste. G, Edison, NJ 08837    Leased
DS Services of America, Inc.    6123 Black Horse Pike, Egg Harbor Township, NJ 08234    Leased
DS Services of America, Inc.    25 Post Road, Albany, NY 12205    Leased
DS Services of America, Inc.    1160 Commerce Avenue, Bronx, NY 10462    Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    5 Sidney Court, Lindenhurst, NY 11757    Leased
DS Services of America, Inc.    2201 Green Lane #11, Levittown (Bristol), PA 19057    Leased
DS Services of America, Inc.    221 Forney Drive, Ephrata, PA 17522    Leased
DS Services of America, Inc.    716 Haywood Drive, Exton, PA 19341    Leased
DS Services of America, Inc.    6610-6612 Fleet Drive, Exton, PA 19341    Leased
DS Services of America, Inc.    3442-A Trant Avenue, Norfolk, VA 23502    Leased
DS Services of America, Inc.    101 Agency Avenue, Richmond, VA 23225    Leased
DS Services of America, Inc.    1501 N.E. Broadway Ave., #14, Des Moines, IA 50313    Leased
DS Services of America, Inc.    312 S. 21st St., Mattoon, IL 61938    Leased
DS Services of America, Inc.    9890 E. 121st St., Fishers, IN 46038    Leased
DS Services of America, Inc.    1529 Lake Ave., Kansas City, KS 66103    Leased
DS Services of America, Inc.    832 Nandino Blvd., Suite V, Lexington, KY 40511    Leased
DS Services of America, Inc.    4644 Louisville Ave., Suite #2, Louisville, KY 40209    Leased
DS Services of America, Inc.    290 Opportunity Pky, Unit 1, Akron, OH 44307    Leased
DS Services of America, Inc.    4160 Perimeter Drive, Columbus, OH 43228    Leased
DS Services of America, Inc.    6142 Center Park Drive, W. Chester, OH 45262    Leased
DS Services of America, Inc.    3140 Jacob Street, Wheeling, WV 26003    Leased
DS Services of America, Inc.    N16 W23390 Stoneridge Dr., Ste. F, Waukesha, WI 53188    Leased
DS Services of America, Inc.    5660 New Northside Dr., Suites 500, 250, 300, 1400 and 1050, Atlanta, GA 30328    Leased
DS Services of America, Inc.    465 N. Halstead, Pasadena, CA 91107    Leased
DS Services of America, Inc.    4170 Tanner’s Creek Drive, Flowery Branch, GA 30542    Leased
DS Services of America, Inc.    AA Self Storage – Diboll, 1517 N Temple, Diboll, TX 75941, Unit 116    Leased
DS Services of America, Inc.    Absolute Storage, 72 Mill Branch Lane, Hazard, KY, 41701, Unit 71    Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    All American Storage, 5100 Vogel Rd., Evansville, IN 47715, Units A200 and C336    Leased
DS Services of America, Inc.    American Self Storage, 720 Candelaria NE, Albuquerque, NM, 87117, Unit N-13    Leased
DS Services of America, Inc.    Ardmore Self Storage, 6614 Ardmore, Fort Wayne, IN 46809, Unit B17    Leased
DS Services of America, Inc.    Budget Self Storage, 5906 San Bernardo, Laredo, TX 78041, Unit 155    Leased
DS Services of America, Inc.    Campbell Management, 8945 J Street, Omaha, NE 68137, Unit 8    Leased
DS Services of America, Inc.    Campground Storage, 1420 Campground Rd., Cabot AR 72023, Unit 802-3    Leased
DS Services of America, Inc.    Cindy Murray, 910 North Lynn, Lamesa, TX    Leased
DS Services of America, Inc.    Community Self Storage, 111 Laurel Ave., Laurel, MS 39440, Unit I0046    Leased
DS Services of America, Inc.    Concepts N Education, 97 Underwood Dr., Fletcher, NC 28732, Unit 21    Leased
DS Services of America, Inc.    Crazy Rays Self Storage, 1040 Hwy 29 N, Athens, GA 30601, Unit 602    Leased
DS Services of America, Inc.    Crosstown Mini Storage, 4066 Cross Town Expressway, Corpus Christi, TX 78409, Unit 36    Leased
DS Services of America, Inc.    Do It Yourself Storage, 4835 South Ave., Toledo, OH 43615, Unit 112    Leased
DS Services of America, Inc.    DSI Enterprises (R&S Storage), 593 Lakeview Dr., Grenada, MS 38901, Unit LC2    Leased
DS Services of America, Inc.    Fancy’s Car Wash, RR270, Lost Creek, WV 26385, Unit 1    Leased
DS Services of America, Inc.    Green Street, 2140 Gun Lake, Hastings, MI 49058, Unit 31    Leased
DS Services of America, Inc.    JD Johnson HVAC, 901 Malone St., Brownwood, TX 76801    Leased
DS Services of America, Inc.    LA Lewis Moving and Storage, 329 Cherry St., Scranton, PA 18505, Unit 1    Leased
DS Services of America, Inc.    Martin Self Storage, 9121 Market Street, Wilmington, NC 28411, Unit B0245    Leased
DS Services of America, Inc.    Milton Rental Center, P.O. Box 764, Milton, WV, 25541, Unit 3    Leased
DS Services of America, Inc.    Mini Max, 2254 W. Palmetto, Florence, SC 29501, Unit C 62    Leased
DS Services of America, Inc.    Mini Max Storage, 2638 Legion Rd., Fayetteville, NC 28306, Unit J-17    Leased
DS Services of America, Inc.    OK Storage, 43 Old Elam, Valley Park, MO 63088, Unit 108    Leased
DS Services of America, Inc.    Public Storage, 2101 Haggerty Rd., Canton MI 48187, Unit 4002    Leased


* * * CONFIDENTIAL * * *

 

Loan Party

  

Location / Address

  

Owned,

Leased or
Occupied

DS Services of America, Inc.    Public Storage, 36260 Van Dyke Ave., Sterling Heights, MI 48312, Unit 5162    Leased
DS Services of America, Inc.    Public Storage, 6207 Executive Blvd., Dayton, OH 45424, Unit B045    Leased
DS Services of America, Inc.    Public Storage, 1439 Folly Rd., Charleston, SC 29412, Unit 115    Leased
DS Services of America, Inc.    Rent A Space, 1969 W. Main St., Salem, VA 24153    Leased
DS Services of America, Inc.    River Watch, 922 Stevens Creek Road, Augusta, GA 30907, Unit D9    Leased
DS Services of America, Inc.    Safety Lock and Storage, 6045 W Pierson Rd., Flushing, MI 48433, Unit 196    Leased
DS Services of America, Inc.    Space Place Storage, 110 Newland Rd., Columbia, SC 29229, Unit A94    Leased
DS Services of America, Inc.    Space World, 2810 S. Boulder Ave., Russellville, AR, Unit H1/39    Leased
DS Services of America, Inc.    Storage Center, 200 Seller Street, Martinsville, VA 24112, Unit 2203    Leased
DS Services of America, Inc.    Storage Plex of Kingsport, 2417 East Stone Drive, Kingsport, TN 37660, Unit D58    Leased
DS Services of America, Inc.    Synergetics Properties, 501 Highway 12, Starksville, MS 39759, Unit 380    Leased
DS Services of America, Inc.    Uncle Bob’s, 11 Integra Dr., Concord, NH 03301, Unit E198    Leased
DS Services of America, Inc.    WLH Leasing, 5810 N Grimes, Hobbs, NM 88240, Unit SA    Leased
DS Services of America, Inc.    Call Center, 310 County Line Road, Lakeland, FL 33810    Leased
DS Services of America, Inc.    Office, 2300 Windy Ridge Pkwy, Atlanta GA 30339    Leased


* * * CONFIDENTIAL * * *

 

(b) Intellectual Property:

Patents

United States

 

Owner

  

Registration
Number

  

Date

  

Description

Cott Corporation

Corporation Cott

   6,112,924    9/5/2000    Container with base having cylindrical legs with circular feet
Cott Beverages Inc.    D579,337    12/28/2008    Bottle
Cott Beverages Inc.    D469,697    2/4/2003    Ornamental design for a container
Cliffstar LLC    13/712,747    12/13/2012    Pterostilbene and PVP grape juice extract combination for treatment of Metabolic, Vascular and Neurodegenerative disorders
Sparkletts Waters of North America, LP    D418,423    1/4/2000    Jug
Suntory Water Group, Inc.    D425,422    5/23/2000    Combined single serving water bottle and closure
DS Waters of America, Inc.    8,113,382    2/14/2012    Bottled water center
DS Waters of America, Inc.    8,360,272    1/29/2013    Bottled water center


* * * CONFIDENTIAL * * *

 

Trademarks

United States

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration

Date

  

Trademark

DS Services of America, Inc.    4,202,794    9/4/2012    10K
DS Services of America, Inc.    3,473,432    7/22/08    LOGO
DS Services of America, Inc.    2,093,790    9/2/1997    ABITA SPRINGS
DS Services of America, Inc.    2,100,478    9/23/1997    ABITA SPRINGS
DS Services of America, Inc.    2,082,990    7/29/1997    ABITA SPRINGS
DS Services of America, Inc.    2,076,858    7/8/97    LOGO
Cott Beverages Inc.    1,840,794    6/21/94    ALASKAN FALLS
Cott Beverages Inc.    1,856,389    9/27/94    ALASKAN FALLS & Design
DS Services of America, Inc.    1,819,231    2/1/1994    ALHAMBRA
DS Services of America, Inc.    2,301,785    12/21/1999    ALHAMBRA
DS Services of America, Inc.    1,380,916    1/28/1986    ALHAMBRA
DS Services of America, Inc.    3,594,216    3/24/2009    ALHAMBRA
DS Services of America, Inc.    1,999,405    9/10/96    LOGO
Cott Beverages Inc.    1,776,022    6/8/93    AMERICAN CLASSIC
Cott Beverages Inc.    4,377,137    7/30/2013    AQUA MIST
DS Services of America, Inc.    3,143,277    9/12/2006    ATHENA
DS Services of America, Inc.    4,214,325    9/25/2012    ATHENA
DS Services of America, Inc.    2,903,885    9/16/2004    ATHENA
DS Services of America, Inc.    2,990,282    8/30/2005    ATHENA
DS Services of America, Inc.    3,030,066    12/13/2005    ATHENA
DS Services of America, Inc.    3,823,247    7/20/2010    ATHENA
DS Services of America, Inc.    3,838,228    8/24/2010    ATHENA
DS Services of America, Inc.    3,850,480    9/21/10    LOGO
DS Services of America, Inc.    2,924,215    2/1/2005    ATHENA PARTNERS


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. 4,328,340 4/30/2013 ATHENA WARRIORS
Cott Beverages Inc. 4,103,147 2/21/2012 BAY ESTATE TEA CO.
DS Services of America, Inc. 1,473,752 1/26/1988 BELMONT SPRINGS
DS Services of America, Inc. 3,594,217 3/24/2009 BELMONT SPRINGS
DS Services of America, Inc. 1,474,411 1/26/1988 BELMONT SPRINGS
DS Services of America, Inc. 1,828,483 3/28/94 LOGO
DS Services of America, Inc. 2,680,005 1/28/03 LOGO
DS Services of America, Inc. 2,845,136 5/25/04 LOGO
Cott Beverages Inc. 4,168,724 7/3/2012 BUBBLING CAULDRON
Cliffstar LLC 4,452,746 12/17/2013 CHADWICK BAY
Cliffstar LLC 3,662,236 7/28/09 CHADWICK BAY
Cliffstar LLC 3,791,642 5/18/10 CHADWICK BAY
Cliffstar LLC 3,768,307 3/30/10 CHADWICK BAY & Design
Cott Beverages Inc. 1,959,704 3/5/1996 CLEAR CHOICE
Cott Beverages Inc. 4,227,380 10/16/2012 CLOUDBURST PEACH GRAPEFRUIT
Cott Beverages Inc. 4,050,731 11/1/2011 COCONUT WAVE
DS Services of America, Inc. 1,464,793 11/10/1987 COLORADO CRYSTAL
Cott Beverages Inc. 4,004,400 8/2/2011 COTT
Cott Beverages Inc. 679,364 5/26/59 Cott (Stylized)
Cliffstar LLC 3,888,088 12/7/2010 CRANSTAR 90
Cliffstar LLC 3,842,394 8/31/2010 CRANSTAR 90
DS Services of America, Inc. 4,158,388 6/12/2012 CREATED FOR THE CAUSE
DS Services of America, Inc. 4,246,463 11/20/2012 CREATED FOR THE CAUSE
DS Services of America, Inc. 3,340,862 11/20/2007 CRYSTAL SPRINGS
DS Services of America, Inc. 2,662,265 12/17/02 LOGO
DS Services of America, Inc. 1,335,806 5/14/85 CRYSTAL-FRESH
DS Services of America, Inc. 1,273,807 4/10/84 DEEP ROCK1

 

1  Unreleased security interest in favor of Madison Capital Funding LLC (executed 9/21/2004; recorded at trademark reel/frame 4066/0410).


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. 1,273,133 4/3/84 DEEP ROCK1
DS Services of America, Inc. 1,279,411 5/29/84 DEEP ROCK1
DS Services of America, Inc. 3,587,821 3/10/09 LOGO
Cott Beverages Inc. 4,254,469 12/4/2012 DOWNPOUR CHERRY LIMEADE
Cott Beverages Inc. 2,186,730 9/1/98 DR. STRIPES
Cott Beverages Inc. 2,237,271 4/6/99 DR. VESS
DS Services of America, Inc. 4,060,788 11/22/2011 DRINK TO YOUR GOOD HEALTH
DS Services of America, Inc. 4,060,610 11/22/2011 DRINK TO YOUR GOOD HEALTH
DS Services of America, Inc. 3,921,593 2/22/2011 DRINK TO YOUR HEALTH
DS Services of America, Inc. 3,469,275 7/15/2008 DS WATERS
DS Services of America, Inc. 3,381,515 2/12/2008 DS WATERS
DS Services of America, Inc. 3,415,547 4/22/08 LOGO
DS Services of America, Inc. 3,647,052 6/30/2009 EAT CHOCOLATE. FIND A CURE
DS Services of America, Inc. 3,696,998 10/13/2009 EAT CHOCOLATE. FIND A CURE
Cott Beverages Inc. 3,614,572 1/9/08 EMERGE
DS Services of America, Inc. 4,214,380 9/25/2012 ENVIROBOTTLE
DS Services of America, Inc. 4,401,800 9/10/2013 ENVIROPAC
DS Services of America, Inc. 4,354,317 6/18/2013 ENVIROPAC
DS Services of America, Inc. 4,401,801 9/10/13

ENVIROPAC LIGHTWEIGHT BOTTLES, 50% LESS PLASTIC, AND 100% RECYCLABLE

LOGO

DS Services of America, Inc. 4,354,318 6/18/13 LOGO
Cliffstar LLC 3,865,778 10/19/2010 EXACT
DS Services of America, Inc. 2,058,243 4/29/1997 EXOTIC ISLE
DS Services of America, Inc. 2,633,723 10/15/2002 EZBREW
Cott Beverages Inc. 3,641,839 12/7/07 FORTIFIDO
Cott Beverages Inc. 3,688,035 12/21/07 FORTIFIDO & Design
Cott Beverages Inc. 3,880,679 11/23/2010 FREEDOM FROM THIRST


* * * CONFIDENTIAL * * *

 

Cott Beverages Inc. 1,956,754 2/13/96 FRUIT MIST
Cott Beverages Inc. 3,134,313 8/22/06 FRUIT MIST
DS Services of America, Inc. 1,806,322 11/23/1993 GEORGIA MOUNTAIN
DS Services of America, Inc. 3,650,003 3/7/1995 GLACIER BAY
Cliffstar LLC 1,694,722 6/16/92 GOLDEN CROWN
Cliffstar LLC 700,638 7/5/60 GOLDEN CROWN
Cliffstar LLC 966,665 8/21/73 GOLDEN CROWN
DS Services of America, Inc. 2,865,943 7/27/2004 GOLDEN LEAF
DS Services of America, Inc. 4,285,166 2/5/13 LOGO
Cott Beverages Inc. 4,302,289 3/12/2013 GOOD SHOT & Design
Cott Beverages Inc. 4,168,725 7/3/2012 GRAPENSTEIN
DS Services of America, Inc. 1,857,234 10/4/1994 GREAT TASTE
DS Services of America, Inc. 3,713,056 11/17/2009 GREENMOBILE
DS Services of America, Inc. 0,890,568 5/5/1970 H & S
Cliffstar LLC 4,429,259 11/5/2013 HARBORSIDE
Cliffstar LLC 3,385,483 2/18/2008 HARVEST CLASSIC
Cliffstar LLC 3,779,599 4/20/2010 HARVEST CLASSIC
DS Services of America, Inc. 0,868,229 4/15/1969 HINCKLEY & SCHMITT
DS Services of America, Inc. 2,635,764 10/15/2002 HINCKLEY SPRINGS
DS Services of America, Inc. 3,594,218 3/24/2009 HINCKLEY SPRINGS
DS Services of America, Inc. 2,668,365 12/31/02 LOGO
DS Services of America, Inc. 3,110,802 7/4/06 LOGO
DS Services of America, Inc. 2,832,247 4/13/04 LOGO
Cott Beverages Inc. 3,702,862 10/27/09 HOOVER’S BARREL ROOT BEER
Cott Beverages Inc. 4,219,232 10/2/2012 HYDROSPHERE CRANBERRY
Cott Beverages Inc. 3,412,299 4/15/08 INKED
Cott Beverages Inc. 1,507,436 10/4/88 IT’S COTT TO BE GOOD!
DS Services of America, Inc. 2,080,228 7/15/1997 JAVARAMA


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. 3,223,881 4/3/07 LOGO
DS Services of America, Inc. 2,265,142 7/27/1999 JR. SPORT
Cliffstar LLC 2,351,102 5/23/00 JUICEY MAGIC
DS Services of America, Inc. 1,858,306 10/18/1994 KENTWOOD
DS Services of America, Inc. 1,862,686 11/15/1994 KENTWOOD
DS Services of America, Inc. 1,376,422 12/17/85 LOGO
DS Services of America, Inc. 1,376,169 12/17/85 LOGO
DS Services of America, Inc. 2,169,782 6/30/98 KENTWOOD SPRINGS
DS Services of America, Inc. 3,608,380 4/21/09 KENTWOOD SPRINGS
DS Services of America, Inc. 2,927,281 2/22/05 LOGO
DS Services of America, Inc. 2,273,841 8/31/99 LOGO
DS Services of America, Inc. 1,741,749 12/22/92 LOGO
DS Services of America, Inc. 1,718,540 9/22/92 LOGO
Cott Beverages Inc. 3,758,493 3/9/10 LOOPY LIMON
Cott Beverages Inc. 3,781,937 4/27/10 MISH MASH MOUNTAIN
Cott Beverages Inc. 3,995,272 7/12/2011 MISTAYA
DS Services of America, Inc. 3,998,501 7/19/11 LOGO
DS Services of America, Inc. 3,958,946 5/10/11 MOMMYMESSENGER
DS Services of America, Inc. 3,848,943 9/14/10 LOGO
DS Services of America, Inc. 4,206,717 9/11/12 MOUNT OLYMPUS
DS Services of America, Inc. 2,310,943 1/25/00 LOGO
DS Services of America, Inc. 4,305,920 3/19/13 LOGO


* * * CONFIDENTIAL * * *

 

Cott Beverages Inc. 2,196,482 10/13/98 MOUNTAIN STARS
DS Services of America, Inc. 4,003,741 7/26/2011 MPROVE
Cott Beverages Inc. 4,626,491 10/21/2014 MULBERRY FARMS
DS Services of America, Inc. 4,132,660 4/24/2012 MY UTAPIA
DS Services of America, Inc. 1,527,257 2/28/1989 NURSERY
DS Services of America, Inc. 4,080,744 1/3/2012 NURSERY FAMILY REWARDS
DS Services of America, Inc. 3,599,261 3/31/2009 NURSERY PURE FUN ZONE
Cott Beverages Inc. 4,302,290 3/12/2013 ON-THE-GO GOODNESS
DS Services of America, Inc. 3,593,704 3/24/2009 OZONE
Cott Beverages Inc. 3,558,745 1/6/09 Paw Print Design
Cott Beverages Inc. 4,227,315 10/6/2011 PRECIPITATION WATERMELON
DS Services of America, Inc. 4,206,640 9/11/2012 PURE + REFRESHING
DS Services of America, Inc. 4,191,128 8/14/12 LOGO
DS Services of America, Inc. 3,486,185 8/12/2008 PURELY REFRESHING
DS Services of America, Inc. 3,146,221 9/19/2006 PURELY REFRESHING. PERSONALLY DELIVERED.
DS Services of America, Inc. 3,455,187 6/24/08 PURELY REFRESHING. PERSONALLY DELIVERED. EVERY TWO WEEKS.
DS Services of America, Inc. 3,529,025 11/4/08 LOGO
Cott Beverages Inc. 3,331,023 11/6/07 RED RAIN
Cott Beverages Inc. 4,325,586 5/29/2012 REDEEM
DS Services of America, Inc. 4,149,908 5/29/2012 RELYANT
DS Services of America, Inc. 4,019,967 8/30/2011 RENEW
DS Services of America, Inc. 4,016,420 8/23/2011 REWARD
DS Services of America, Inc. 3,481,217 8/5/2008 ROAST 2 COAST
DS Services of America, Inc. 3,422,659 5/6/2008 ROAST 2 COAST
DS Services of America, Inc. 4,285,165 2/5/13 LOGO
DS Services of America, Inc. 3,489,905 8/19/2008 SERVICE YOU CAN COUNT ON. QUALITY YOU CAN TRUST.
DS Services of America, Inc. 3,427,453 5/13/2008 SET A COURSE FOR GREAT SERVICE
DS Services of America, Inc. 3,427,452 5/13/2008 SET A COURSE FOR GREAT TASTE
Cliffstar LLC 2,394,075 10/10/00 SHANSTAR
Cliffstar LLC 3,657,785 7/21/09 SHANSTAR
DS Services of America, Inc. 1,428,913 2/17/1987 SIERRA


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. 2,769,409 9/30/2003 SIERRA SPRINGS
DS Services of America, Inc. 3,594,219 3/24/2009 SIERRA SPRINGS
DS Services of America, Inc. 2,719,606 5/27/03 LOGO
DS Services of America, Inc. 2,680,006 1/28/03 LOGO
Cott Beverages Inc. 3,129,255 8/15/06 SO CLEAR
DS Services of America, Inc. 4,246,666 11/20/2012 SPARKLETTS
DS Services of America, Inc. 2,301,772 12/21/1999 SPARKLETTS
DS Services of America, Inc. 2,225,430 2/23/1999 SPARKLETTS
DS Services of America, Inc. 0,625,100 4/10/56 SPARKLETTS
DS Services of America, Inc. 3,437,557 5/27/08 LOGO
DS Services of America, Inc. 3,437,556 5/27/08 LOGO
DS Services of America, Inc. 1,464,791 11/10/1987 SPRINGLITE
DS Services of America, Inc. 4,434,961 11/19/2013 STANDARD
DS Services of America, Inc. 2,537,522 2/12/2002 STANDARD COFFEE
DS Services of America, Inc. 1,272,975 4/3/84 LOGO
DS Services of America, Inc. 1,832,094 4/19/1994 STANDGUARD
DS Services of America, Inc. 4,578,291 8/5/2014 STANDGUARD
DS Services of America, Inc. 1,967,133 4/9/1996 STANDGUARD
DS Services of America, Inc. 4,278,509 1/22/13 LOGO
DS Services of America, Inc. 1,820,550 2/8/94 LOGO
DS Services of America, Inc. 1,970,243 4/23/96 LOGO
DS Services of America, Inc. 1,112,920 2/6/79 LOGO
Cott Beverages Inc. 2,495,194 10/9/01 STARS & STRIPES
Cott Beverages Inc. 2,713,932 5/6/03 STARS & STRIPES
Cott Beverages Inc. 4,223,120 10/9/2012 STORM SURGE ORANGE PASSIONFRUIT
DS Services of America, Inc. 4,152,122 6/5/2012 STRENGTH


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. 2,083,253 7/29/97 LOGO
DS Services of America, Inc. 1,525,495 2/21/1989 THE PURE WATER PEOPLE
Cott Beverages Inc. 3,525,061 10/28/08 THE TASTE OF LONGEVITY
Cott Beverages Inc. 1,335,803 5/14/1985 TOP POP
Cott Beverages Inc. 1,285,484 7/10/1984 TOP POP (Stylized)
DS Services of America, Inc. 2,173,994 7/14/98 LOGO
Cliffstar LLC 2,163,690 6/9/98 TRAXX
DS Services of America, Inc. 3,414,857 4/22/2008 TRUST IN A BOTTLE
Cott Beverages Inc. 3,723,436 12/8/09 U FORCE
Cott Beverages Inc. 555,776 3/11/52 VESS (Stylized)
Cott Corporation 3,149,060 9/26/06 VINTAGE
Cott Beverages Inc. 1,091,057 5/9/78 VINTAGE
Cott Corporation 3,149,059 9/26/06 VINTAGE & Design
Cott Beverages Inc. 1,273,007 4/3/84 VINTAGE & Design
DS Services of America, Inc. 3,595,426 3/24/09 LOGO
DS Services of America, Inc. 3,033,282 12/20/05 LOGO
Cott Beverages Inc. 110,004 4/25/16 WHISTLE (Stylized)
DS Services of America, Inc. 3,319,455 10/23/07 LOGO
DS Services of America, Inc. 2,931,796 3/8/05 LOGO


* * * CONFIDENTIAL * * *

 

Colorado

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

DS Waters of America, Inc.    19851009631    7/15/52    DEEP ROCK
Deep Rock Water Co.    20081377384    7/15/08    DEEP ROCK WATER
Deep Rock Water Co.    20081527881    10/3/08    DEEP ROCK WATER

Louisiana

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

DS Waters of America, Inc.    542723    10/31/96    THE ABITA MAN CAN
DS Waters of America, Inc.    541043    4/25/96    ABITA SPRINGS Logo: Indian Maiden on top of stacked name
DS Waters of America, Inc.    541042    4/25/96    ABITA SPRINGS Logo 2: With letters stacked, with “I” represented by idealized water stream
DS Waters of America, Inc.    541044    4/25/96    TASTE THE LEGEND

Maryland

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

DS Waters of America, Inc.    2001-01295    8/30/01    CRYSTAL SPRINGS

Nebraska

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

Mile-Hi Deep Rock Water Co.    6858619    6/7/68    DEEP ROCK

New Jersey

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

DS Waters of America, LP    15935    10/4/99    CRYSTAL SPRINGS


* * * CONFIDENTIAL * * *

 

West Virginia

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

DS Waters of America Inc.    1006690    7/30/2001    LOGO

Wisconsin

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

DS Waters of America, Inc.    20120002106    6/20/12    STANDARD COFFEE SERVICE COMPANY
DS Waters of America, Inc.    20120002107    6/20/12    RELYANT
DS Waters of America, Inc.    20075701156    1/24/07    DS WATERS
DS Waters of America, Inc.    20065700912    12/8/06    HINCKLEY SPRINGS


* * * CONFIDENTIAL * * *

 

United States

Trademark Applications

 

Owner

  

Application

Number

  

Filing Date

  

Trademark

Cott Beverages Inc.    85/361,449    7/1/2011    ORCHARD FALLS
Cott Beverages Inc.    85/532,342    2/2/2012    HARVEST PREMIUM
Cott Beverages Inc.    85/659,027    6/22/2012    CLEAR FUSIONS
Cott Beverages Inc.    85/799,759    12/11/2012    AQUA COLORS
Cott Beverages Inc.    85/811,183    12/27/2012    NATURAL REFRESHMENT IS SO CLEAR
Cott Beverages Inc.    85/815,760    1/4/2013    AQUA FLOW
Cott Beverages Inc.    85/820,437    1/10/2013    BLAK MAX
Cott Beverages Inc.    85/938,797    5/21/2013    COTT
Cott Beverages Inc.    85/843,776    2/7/2013    MOUNTAIN FIZZ
Cott Beverages Inc.    85/875,497    3/313/2013    AQUA FLOW BENEFITS
Cott Beverages Inc.    85/875,506    3/13/2013    BLAK MAX & Bird Design
Cott Beverages Inc.    85/955,748    6/10/2013    STARS & STRIPES
Cott Beverages Inc.    86/007,023    7/10/2013    ¡Ajúa!
Cott Beverages Inc.    86/114,914    11/11/2013    BILLION BUBBLE BEVERAGE
Cott Beverages Inc.    86/113,441    11/8/2013    EMERGE
Cott Beverages Inc.    86/146,802    12/18/2013    MULBERRY FARMS Logo
Cott Beverages Inc.    86/296,105    5/30/2014    ARCTIC COOLER
Cliffstar LLC    86/026,569    8/1/2013    SCIOPTRIENT
Cliffstar LLC    86/026,595    8/1/2013    SCIOCRAN
Cliffstar LLC    86/026,612    8/1/2013    SCIOCRAN 90
Cliffstar LLC    86/073,522    12/24/2013    FRUIT SYSTEMS FROM NATURE
Cliffstar LLC    86/097,868    10/22/2013    Scioptrient Logo
Cliffstar LLC    86/097,881    10/22/2013    FORMULATING GOODNESS
Cliffstar LLC    85/760,999    10/23/2012    HARBORSIDE
Cliffstar LLC    85/820,466    1/10/2013    HARBORSIDE
DS Services of America, Inc.    85/836,095    1/30/13    AQUA CAFÉ
DS Services of America, Inc.    85/931,919    5/14/13    DS SERVICES


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. 86/200,977

2/21/14

LOGO
DS Services of America, Inc. 86/200,971 2/21/14 LOGO
DS Services of America, Inc. 86/049,430 1/14/14 LOGO
DS Services of America, Inc. 85/903,496 4/13/13 LOGO
DS Services of America, Inc. 86/228,819 3/21/14 TERRAZA


* * * CONFIDENTIAL * * *

 

Canadian

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration

Date

  

Trademark

Cott Corporation Corporation Cott    TMA790720    February 15, 2011    ACAI-BLU
Cott Corporation Corporation Cott    TMA211456    January 16, 1976   

LOGO

ALLAN & DESIGN

Cott Corporation Corporation Cott    TMA192404    July 6, 1973   

LOGO

ALLAN & DESIGN

Cott Corporation Corporation Cott    TMA200922    August 2, 1974   

LOGO

ALLAN DESIGN

Cott Corporation Corporation Cott    TMA176290    May 21, 1971    APPIA
Cott Corporation Corporation Cott    TMA874253    March 26, 2014    AQUAVIT
Cott Corporation Corporation Cott    TMA677482    November 22, 2006    AQUEL
DS Waters of America, Inc.    TMA679838    January 19, 2007    ATHENA
Cliffstar LLC    TMA526177    March 30, 2000    BERRY-DACTYL
Cott Corporation Corporation Cott    TMA318708    September 19, 1986    BESSEY’S ROYALE
Cliffstar LLC    TMA540303    January 25, 2001    BREAKWATER
Cott Corporation Corporation Cott    TMA823528    May 7, 2012    BONE CHILLIN’
Cott Corporation Corporation Cott    TMA314791    May 30, 1986    CHATEAU
Cott Corporation Corporation Cott    TMA169911    July 3, 1970    CHATEAU DRY
Cliffstar LLC    TMA831674    September 10, 2012    CHADWICK BAY
Cott Corporation Corporation Cott    TMA826482    June 18, 2012    CHIKARA
Cott Corporation Corporation Cott    TMA677662    November 27, 2006    COLA KICKER


* * * CONFIDENTIAL * * *

 

Owner

  

Registration

Number

  

Registration

Date

  

Trademark

Cott Corporation Corporation Cott    TMA839536    January 8, 2013    COOL BREEZE
Cliffstar LLC    TMA525950    March 28, 2000    COOLY-SAURUS
Cott Corporation Corporation Cott    TMA681297    February 7, 2007    COTT
Cott Corporation Corporation Cott    TMA166849    December 12, 1969   

LOGO

COTT DESIGN

Cott Corporation Corporation Cott    TMA454922    March 1, 1996    COTT UP
Cott Corporation Corporation Cott    TMA560006    April 9, 2002    DAZZLE
Cott Corporation Corporation Cott    TMA183886    June 23, 1972    DENIS
Cott Corporation Corporation Cott    TMA557585    February 7, 2002    DRACOLA
Cott Corporation Corporation Cott    TM826481    June 18, 2012    DRUIDIC
Cott Corporation Corporation Cott    TMA832564    September 21, 2012    EMERGE
Cott Corporation Corporation Cott    TMA826479    June 28, 2012    EURO CITRUS
Cott Corporation Corporation Cott    TMA875144    April 7, 2014    FABFIFTY
Cott Corporation Corporation Cott    TMA316011    July 4, 1986    FIZZ-UP
Cott Corporation Corporation Cott    TMA498545    August 12, 1998    FRUIT RIOT
Cott Corporation Corporation Cott    TMA874244    March 26, 2014    FRUVESCENT
Cott Corporation Corporation Cott    TMA200531    July 12, 1974    GIGGLE
Cott Corporation Corporation Cott    TMA870118    January 29, 2014    GOLDEN CROWN
Cliffstar LLC    TMA526176    March 30, 2000    GRAPE-A-DON
Cliffstar LLC    TMA542773    March 21, 2001    HARBORSIDE
Cliffstar LLC    TMA528970    June 12, 2000    HARBOURSIDE
Cliffstar LLC    TMA565471    August 2, 2002    HARBOURSIDE CAFÉ
Cott Corporation Corporation Cott    TMA601461    February 5, 2004    HIKO


* * * CONFIDENTIAL * * *

 

        

Owner

  

Registration
Number

  

Registration

Date

  

Trademark

Cott Corporation Corporation Cott    TMA669184    August 2, 2006   

LOGO

Cott Corporation Corporation Cott    TMA738392    April 24, 2009    INKED
Cott Corporation Corporation Cott    TMA169219    May 15, 1970    IT’S COTT TO BE GOOD
Cott Corporation Corporation Cott    UCA003822    September 7, 1934    KIK
DS Waters of America, Inc.    TMA850258    May 6, 2013    LOGO
Cott Corporation Corporation Cott    TMA318709    September 19, 1986    MY MILKMAN/MON LAITIER
DS Waters of America, Inc.    TMA775702    August 27, 2010    NURSERY
Cott Corporation Corporation Cott    TMA877479    May 8, 2014    ORIENT EMPORIUM TEA CO.
Cott Corporation Corporation Cott    TMA826480    June 18, 2012    OROBUS
Cott Corporation Corporation Cott    TMA515952    August 31, 1999    PLAYA PUNCH
Cott Corporation Corporation Cott    TMA204387    January 10, 1975   

LOGO

POP BOTTLE & DESIGN

Cott Corporation Corporation Cott    TMA654659    December 8, 2005    RED RAIN
Cott Corporation Corporation Cott    TMA297662    November 30, 1984    ROYAL CREST BEVERAGES
Cliffstar LLC    TMA525800    March 27, 2000    SABER BLUE TIGER
Cliffstar LLC    TMA527377    May 5, 2000    SEA WITCH
DS Waters of America, Inc.    TMA451050    December 1, 1995    SIERRA
Cliffstar LLC    TMA528563    May 30, 2000    SPOUTIN’ WHALE
Cliffstar LLC    TMA525798    March 27, 2000    STEGASAURUS
Cott Corporation Corporation Cott    TMA790186    February 9, 2011    SOCLEAR
Cott Corporation Corporation Cott    TMA861850    October 2, 2013    SOUTHERN SPLASH
Cott Corporation Corporation Cott    TMA335965    December 31, 1987    SUN MOUNTAIN


* * * CONFIDENTIAL * * *

 

Owner

  

Registration

Number

  

Registration

Date

  

Trademark

Cott Corporation Corporation Cott    TMA343501    August 5, 1988    SUN MOUNTAIN SPRINGS & DESIGN
Cott Corporation Corporation Cott    TMA541530    February 26, 2001    SUPER FRUIT & DESIGN
Cott Corporation Corporation Cott    TMA740094    May 13, 2009    TATTOO DESIGN
Cliffstar LLC    TMA525804    March 27, 2000    TRAXX
Cott Corporation Corporation Cott    TMA171028    September 4, 1970    VERCHERES
Cott Corporation Corporation Cott    TMA845952    March 12, 2013    VESS
Cott Corporation Corporation Cott    TMA862370    October 9, 2013    VIT-20
Cott Corporation Corporation Cott    TMA862369    October 9, 2013    VIT2O & Design
DS Waters of America, Inc.    TMA615540    July 22, 2004    LOGO

Canadian

Trademark Applications

 

Owner

  

Application
Number

  

Date

  

Trademark

Cott Corporation Corporation Cott    1646837    October 8, 2013    A BETTER FIT FOR AN ACTIVE LIFE
Cott Corporation Corporation Cott    1611801    September 6, 2013    AQUA FLOW
Cott Corporation Corporation Cott    1607263    September 6, 2013    AQUEL
Cott Corporation Corporation Cott    1580754    January 11, 2013    BLACK NINE
Cliffstar LLC    1588879    May 16, 2014    CHADWICK BAY
Cott Corporation Corporation Cott    1363038(01)    September 6, 2013    EMERGE
Cliffstar LLC    1583918    August 2, 2013    FRUITACCATO
Cott Corporation Corporation Cott    1580755    January 25, 2013    FIRST TEE
Cott Corporation Corporation Cott    1577567    January 25, 2013    GOLDEN C
Cott Corporation Corporation Cott    1614943    September 20, 2013    LEMON BLASTER
Cott Corporation Corporation Cott    1632343    May 21, 2014    P & PLAY MAKER DESIGN
Cott Corporation Corporation Cott    1613626    September 20, 2013    PLAY MAKER


* * * CONFIDENTIAL * * *

 

Owner

  

Application
Number

  

Date

  

Trademark

Cott Corporation Corporation Cott    1516119    January 11, 2013    RED HARD
Cott Corporation Corporation Cott    1624044    March 12, 2014    SKINNY CAT
Cott Corporation Corporation Cott    1546243    September 7, 2012    SWOOSH

United Kingdom

Trademark Registrations

 

Owner

  

Registration
Number

  

Registration Date

  

Trademark

Cott Beverages Limited    2388793    07-APR-2005    1 ONE FRUIT words and device (series of 4)
BCB Beverages Limited    2153665    13-NOV-1998    DR LOONY’S BOUNCY BUBBLEGUM
BCB Beverages Limited    2153663    13-NOV-1998    DR LOONY’S STRAWERRY JELLY
BCB Beverages Limited    2153662    13-NOV-1998    DR LOONY’S ICE CREAM SODA
BCB Beverages Limited    2115574    05-JUNE-1998    DR LOONY’S
BCB Beverages Limited    2108880    04-APR-1997    VIXEN
BCB Beverages Limited    2068275    04-JULY-1997    DR LOONY’S CHERRY CHOCOLATE DREAM
BCB Beverages Limited    2029496    09-APR-1996    EDGE
Cott Beverages Limited    580919    28-OCT-1937    SUNVILL
Cott Beverages Limited    735064    15-OCT-1954    SUNQUEN
Cott Beverages Limited    893935    30-APR-1966    SUNSPRING
Cott Beverages Limited    1085655    26-OCT-1977    BENSADE
Cott Beverages Limited    B1155810    16-JUN-1981    CARTERS
Cott Beverages Limited    1410043    06-DEC-1989    Macaw Logo
Cott Beverages Limited    1410044    06-DEC-1989    MACAW
Cott Beverages Limited    1410045    06-DEC-1989    MACAW
Cott Beverages Limited    1548609    24-SEPT-1993    MINERVA
Cott Beverages Limited    1585492    12-SEPT-1994    COTT RETAIL BRANDS
Cott Beverages Limited    1585494    12-SEPT-1994    COTT
Cott Beverages Limited    2004126    01-DEC-1994    CRYSTAL QUARTZ
Cott Beverages Limited    2016370    01-APR-1995    POP FACTORY
Cott Beverages Limited    2102231    08-JUN-1996    BEN SHAWS
Cott Beverages Limited    2121072    16-JAN-1997    CARTERS GOLD
Cott Beverages Limited    2135258    07-JUN-1997    CARTERS ROYAL
Cott Beverages Limited    2180203    21-OCT-1998    CONNOISSEUR
Cott Beverages Limited    2189200    18-FEB-1999    BENJAMIN SHAW
Cott Beverages Limited    2207437    02-SEP-1999    BULLRING
Cott Beverages Limited    2223475    24-FEB-2000    cola@cott.uk


* * * CONFIDENTIAL * * *

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

Cott Beverages Limited    2224197    02-MAR-2000    7X
Cott Beverages Limited    2228207    04-APR-2000    RED ROOSTER
Cott Beverages Limited    2235324    08-JUN-2000    CARTERS SIMPLY CLEAR
Cott Beverages Limited    2241867    07-AUG-2000    DR. LOVE DR. HATE
Cott Beverages Limited    2296314    25-MAR-2002    Macaw Head Logo
Cott Beverages Limited    2296317    25-MAR-2002    MACAW (stylized)
Cott Beverages Limited    2308918    23-AUG-2002    IN THE MIX
Cott Beverages Limited    2309729    04-SEP-2002    JUS DE VIE
Cott Beverages Limited    2322716    03-FEB-2003    RR Logo
Cott Beverages Limited    2323810    14-FEB-2003    Drops Logo
Cott Beverages Limited    2323815    18-FEB-2003    H2 & Apple Device
Cott Beverages Limited    2323816    18-FEB-2003    H2 & Orange Device
Cott Beverages Limited    2323959    17-FEB-2003    H2 & Lemon Device
Cott Beverages Limited    2323960    17-FEB-2003    H2 & Berries Device
Cott Beverages Limited    2323961    17-FEB-2003    H2 & Raspberries Device
Cott Beverages Limited    2323962    17-FEB-2003    H2 & Fruit Device
Cott Beverages Limited    2335475    21-JUN-2003    H2 ORANGE SPORTS DRINK & Device
Cott Beverages Limited    2335476    21-JUN-2003    H2 GRAPEFRUIT SPORTS DRINK & Device
Cott Beverages Limited    2335477    21-JUN-2003    H2 LEMON & LIME SPORTS DRINK & Device
Cott Beverages Limited    2350295    01-DEC-2003    COTT WAIST WATCHERS
Cott Beverages Limited    2355744    13-FEB-2004    REFRESHMENT ROOSTER
Cott Beverages Limited    2355745    13-FEB-2004    SPORT ROOSTER
Cott Beverages Limited    2365980    17-JUN-2004    JUICEFUL
Cott Beverages Limited    2365981    17-JUN-2004    EMERGE
Cott Beverages Limited    2367778    08-JUL-2004    ROOSTER ENERGY
Cott Beverages Limited    2367781    08-JUL-2004    ROOSTER SPORT
Cott Beverages Limited    2381243    24-DEC-2004    EAU SO CLEANSING
Cott Beverages Limited    2382284    24-DEC-2004    EAU SO UPLIFTING
Cott Beverages Limited    2382285    24-DEC-2004    EAU SO SKINNY
Cott Beverages Limited    2382970    27-JAN-2005    K PLUS
Cott Beverages Limited    2382971    27-JAN-2005    S PLUS
Cott Beverages Limited    2383853    08-FEB-2005    EAU SO SLIMMING
Cott Beverages Limited    2436935    27-OCT-2006    ORIENT EMPORIUM TEA CO
Cott Beverages Limited    2437990    09-NOV-2006    SOCLEAR SPARKLING WATER & Device
Cott Beverages Limited    2447932    27-FEB-2007    BARE ALL
Cott Beverages Limited    2453046    20-APR-2007    BARE ALL Logo
Cott Beverages Limited    2460295    04-JUL-2007    DRINK A RAINBOW
Cott Beverages Limited    2486529    02-MAY-2008    THE JUICIER COMPANY
Cott Beverages Limited    2489102    03-JUN-2008    SO CLEAR ORGANIC & Device


* * * CONFIDENTIAL * * *

 

Owner

  

Registration
Number

  

Registration
Date

  

Trademark

Cott Beverages Limited    2490146    16-JUN-2008    50 5IFTY logo
Cott Beverages Limited    2490156    16-JUN-2008    THE JUICIER COMPANY logo
Cott Beverages Limited    2490262    17-JUN-2008    AMICI
Cott Beverages Limited    2493124    18-JUN-2008    JUSCI
Cott Beverages Limited    2491260    27-JUN-2008    SPARKLE & CO
Cott Beverages Limited    2493881    29-JUL-2008    SO CLOUDY & Device
Cott Beverages Limited    2503383    26-NOV-2008    RED RAIN
Cott Beverages Limited    2509315    23-FEB-2009    SLINGSHOT
Cott Beverages Limited    2510656    09-MAR-2009    RED ROOSTER SUPER CHARGE
Cott Beverages Limited    2530006    27-OCT-2009    EMERGE ENERGY SHOT
Cott Beverages Limited    2530004    27-OCT-2009    EMERGE STIMULATION SHOT
Cott Beverages Limited    741803    29-APR-1955    SUNCHARM
Cott Private Label Limited    1212243    07-FEB-1984    CARNIVAL
Cott Private Label Limited    1304592    20-MAR-1987    CARTERS SPLASH
Cott Private Label Limited    B1304593    20-MAR-1987    CARTERS SUMMERTIME
Cott Private Label Limited    1304594    20-MAR-1987    CARTERS CLASSIC
Cott Private Label Limited    1304595    20-MAR-1987    CARTERS S’JOOSEY
Cott Private Label Limited    1372172    04-FEB-1989    ENGLISH ROYAL
Cott Private Label Limited    1372173    04-FEB-1989    CARTERS FIVE STAR
Cott Private Label Limited    1389777    29-JUN-1989    PINACO
Cott Private Label Limited    1443701    29-SEP-1990    CARTERS
Cott Private Label Limited    1480021    19-OCT-1991    EXTRATIME
Cott Private Label Limited    1536181    18-MAY-1993    Carters Soda Label
Cott Private Label Limited    2028345    26-JUL-1995    Carters CIDER SHANDY Label
Cott Private Label Limited    2115862    14-NOV-1996    TOP KATS
Cott Private Label Limited    2115866    14-NOV-1996    HAPPY POPS
Cott Private Label Limited    2118920    17-DEC-1996    MEGASAURUS
Cott Private Label Limited    2120141    07-JAN-1997    WAM
Cott Private Label Limited    2120329    09-JAN-1997    SPOOF
Cott Private Label Limited    2120417    10-JAN-1997    AXESS
Cott Private Label Limited    2120455    10-JAN-1997    NEON
Cott Private Label Limited    2120457    10-JAN-1997    CARTERS SPARKLE
Cott Private Label Limited    2120459    10-JAN-1997    CARTERS STAR
Hero Drinks Group (UK) Limited    2121068    16-JAN-1997    JINX
Cott Private Label Limited    2134052    28-MAY-1997    WIDE EYE
Cott Private Label Limited    2135774    13-JUN-1997    SPORTADE
Cott Private Label Limited    2142823    23-AUG-1997    POP MAGIC & Device
Cott Private Label Limited    2142826    23-AUG-1997    Wizard Device
Sangs (Banff) Limited    2515066    01-May-2009    DEVERON SPRINGS
Sangs (Banff) Limited    2151248    19-Nov-1997    DEVERON VALLEY SPRING


* * * CONFIDENTIAL * * *

 

Owner

  

Registration
Number

  

Registration Date

  

Trademark

Cott Beverages Limited    3013551    11-July-2013    EDGE Logo (Series of two)
Cott Beverages Limited    2575973    21-Mar-2011    EMERGE & Shattered device in b/w and in colour (series of 2)
Cott Beverages Limited    3034614    12-Dec-2013    EMERGE DUAL logo (series of 2)
Cott Beverages Limited    3034616    12-Dec-2013    EMERGE DUAL
Cott Beverages Limited    3016344    01-Aug-2013    EMERGE MIST logo (series of two)
Cott Beverages Limited    2545310    20-Apr-2010    FRENZY
Sangs (Banff) Limited    2515118    05-May-2009    FRUIT TWIST
Cott Beverages Limited    2545069    19-APR-2010    GETTING YOU THROUGH IT
Hero AG    2120482    11-JAN-1997    HERO JOOCE
Hero    2011175    15-FEB-1995    HERO LITE
Cott Beverages Limited    2627649    10-JULY-2012    LIQUID MAGMA
Sangs (Banff) Limited    2515034    01-MAY-2009    MacB FUITY DELIGHT words in upper and lower case
Cott Beverages Limited    2627650    10-JULY-2012    MEGA MAGMA
Sangs (Banff) Limited    2515032    01-MAY-2009    MORAY CUP words
Cott UK Limited    2136810    27-JUNE-1997    QUARTZ word
Cott Beverages Limited    2629252    24-JULY-2012    ROOSTERADE
Sangs (Banff) Limited    867709    05-AUG-1964    SANGS MORAY CUP label
Sangs (Banff) Limited    2100219    09-MAY-1996    Sangs Sangs-MacB (words and device)
Sangs (Banff) Limited    2515068    01-MAY-2009    SANGS
Crystal Drinks (UK) Limited    1215900    31-MAR-1984    Solripe (logo)
Sangs (Banff) Limited    2515026    01-MAY-2009    SOLRIPE
Cott Beverages Limited    2588067    15-JULY-2011    VESS
Cott UK Limited    2137452    30-JUNE-1997    WORK HARD, PLAY HARD, DRINK QUARTZ
Cott Beverages Inc./Royal Crown International Division    914292    12-Feb-1969    ROYAL CROWN
Cott Beverages Inc./Royal Crown International Division    2015636    03-Mar-2000    ROYAL CROWN COLA RC COLA (Stylized)
Cott Beverages Inc./Royal Crown International Division    2034480    06-Dec-1996    ROYAL CROWN DRAFT
Cott Beverages Inc./Royal Crown International Division    826230    09-Jan-1963    ROYAL CROWN COLA
Cott Beverages Inc./Royal Crown International Division    2069562    01-Nov-1996    HEAD KICK


* * * CONFIDENTIAL * * *

 

International

Trademark Registrations

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Afghanistan    Cott Beverages Inc./Royal Crown International Division    1199    15-Dec-1967    ROYAL CROWN
Afghanistan    Cott Beverages Inc./Royal Crown International Division    1200    15-Dec-1967    RC
Albania    Cott Beverages Inc.    12016    07-Nov-2008    ORIENT EMPORIUM TEA CO.
Albania    Cott Beverages Inc./Royal Crown International Division    5010    13-Nov-1992    ROYAL CROWN
Albania    Cott Beverages Inc./Royal Crown International Division    5009    13-Nov-1992    RC
Albania    Cott Beverages Inc./Royal Crown International Division    11023    20-Feb-2007    ROYAL CROWN
Albania    Cott Beverages Inc./Royal Crown International Division    11024    20-Feb-2007    RED RAIN
Albania    Cott Beverages Limited    941160    2-Oct-2007    ORIENT EMPORIUM TEA CO
Algeria    Cott Beverages Inc./Royal Crown International Division    61881    27-Nov-1991    ROYAL CROWN
Algeria    Cott Beverages Inc./Royal Crown International Division    61880    27-Nov-1991    RC
Argentina    Cott Beverages Inc./Royal Crown International Division    2634812    31-May-1993    ROYAL CROWN
Argentina    Cott Beverages Inc./Royal Crown International Division    2284008    28-Apr-2009    ORIENT EMPORIUM TEA CO.
Argentina    Cott Beverages Inc./Royal Crown International Division    2116557    26-Sept-2006    DIET-RITE


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Argentina    Cott Beverages Inc./Royal Crown International Division    2284795    28-Apr-2009    RED RAIN
Argentina    DS Waters of America, Inc.    2223926    10-Apr-08    NURSERY
Armenia    Cott Beverages Inc./Royal Crown International Division    11508    06-Mar-2007    ROYAL CROWN COLA & RC Design
Armenia    Cott Beverages Inc./Royal Crown International Division    2430    14-Oct-1997    ROYAL CROWN
Armenia    Cott Beverages Inc./Royal Crown International Division    2988    31-Mar-1998    ROYAL CROWN COLA RC COLA & Design
Aruba    Cott Beverages Inc./Royal Crown International Division    28567    28-Apr-2010    RCQ
Aruba    Cott Beverages Inc./Royal Crown International Division    28571    28-Apr-2010    RC
Aruba    Cott Beverages Inc./Royal Crown International Division    28570    28-Apr-2010    DIET UPPER 10
Aruba    Cott Beverages Inc./Royal Crown International Division    28569    28-Apr-2010    UPPER 10
Aruba    Cott Beverages Inc./Royal Crown International Division    28600    18-Mar-2010    ROYAL CROWN
Aruba    Cott Beverages Inc./Royal Crown International Division    28568    28-Apr-2010    RC ZERO
Australia    Cott Beverages Inc./Royal Crown International Division    789019    22-Mar-1999    RC EDGE
Australia    Cott Beverages Inc./Royal Crown International Division    1139904    09-Oct-2006    RC & Design
Australia    Cott Beverages Inc./Royal Crown International Division    673324    09-May-1997    ROYAL CROWN
Australia    Cott Beverages Inc./Royal Crown International Division    750239    07-Mar-2001    ROYAL CROWN DRAFT
Australia    DS Waters of America, Inc.    1191863    8-Aug-07    NURSERY


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Austria    Cott Beverages Inc./Royal Crown International Division    101426    21-Dec-1992    ROYAL CROWN
Austria    Cott Beverages Inc./Royal Crown International Division    101748    27-Jan-1983    DIET-RITE
Azerbaijan    Cott Beverages Inc./Royal Crown International Division    980658    15-Apr-1998    ROYAL CROWN
Azerbaijan    Cott Beverages Inc./Royal Crown International Division    20050476    07-Jul-2005    RC
Bahamas    Cott Beverages Inc./Royal Crown International Division    28984    07-Apr-2010    ROYAL CROWN COLA & RC Design
Bahamas    Cott Beverages Inc./Royal Crown International Division    22397    09-Jan-2004    RC
Bahamas    Cott Beverages Inc./Royal Crown International Division    4369    10-Dec-1964    DIET-RITE
Bahamas    Cott Beverages Inc./Royal Crown International Division    3988    23-Jul-1963    ROYAL CROWN
Bahamas    Cott Beverages Inc./Royal Crown International Division    3987    23-Jul-1963    ROYAL CROWN
Bahrain    Cott Beverages Inc./Royal Crown International Division    TM2081    18-Sep-1967    ROYAL CROWN COLA
Bahrain    Cott Beverages Inc./Royal Crown International Division    TM21444    25-Dec-1996    RC
Bahrain    Cott Beverages Inc./Royal Crown International Division    33397    19-Jun-2003    COTT
Bangladesh    Cott Beverages Inc./Royal Crown International Division    79300    15-Mar-2003    RCQ
Bangladesh    Cott Beverages Inc./Royal Crown International Division    25827    27-Nov-2002    ROYAL CROWN
Barbados    Cott Beverages Inc./Royal Crown International Division    81805    30-Sep-1986    ROYAL CROWN
Barbados    Cott Beverages Inc./Royal Crown International Division    815413    27-Oct-1965    DIET RITE


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Belarus    Cott Beverages Inc./Royal Crown International Division    5913    13-Mar-1997    ROYAL CROWN
Belarus    Cott Beverages Inc./Royal Crown International Division    23324    28-Jul-2006    RC
Belarus    Cott Beverages Inc./Royal Crown International Division    42020    22-Dec-2012    RC LIGHT
Benelux    Cott Beverages Inc./Royal Crown International Division    65287    12-Oct-1966    ROYAL CROWN
Benelux    Cott Beverages Inc./Royal Crown International Division    52116    12-Oct-1973    DIET-RITE
Benelux    Cott Beverages Inc./Royal Crown International Division    65286    12-Oct-1977    RC
Benelux    Cott Corporation    581344    14-Nov-1995    COTT
Benelux    Cott Beverages Limited    996972    05-Aug-2010    EMERGE
Benelux    Cott Beverages Limited    1175565    11-May-2009    50 5IFTY
Benelux    Cott Beverages Limited    1183872    10-Sep-2009    CARTERS STAR
Benelux    Cott Beverages Limited    1183871    10-Sep-2009    CARTERS
Benelux    Hero Drinks Group (UK) Limited    607788    17-Mar-1997    SPOOF
Bolivia    Cott Beverages Inc./Royal Crown International Division    71441C    10-Mar-1999    RC
Bolivia    Cott Beverages Inc./Royal Crown International Division    51900A    11-Apr-1977    ROYAL CROWN
Bolivia    Cott Beverages Inc./Royal Crown International Division    C78604    15-May-2000    KICK
Bolivia    Cott Beverages Inc./Royal Crown International Division    114840C    09-Apr-2007    ROYAL CROWN COLA & RC Design
Bolivia    DS Waters of America, Inc.    112049    19-Dec-07    NURSERY
Bosnia and Herzegovina    Cott Beverages Inc./Royal Crown International Division    BAZ047493    16-Dec-2008    ROYAL CROWN
Bosnia and Herzegovina    Cott Beverages Inc./Royal Crown International Division    BAZ047494    04-Dec-2008    RC
Bosnia and Herzegovina    Cott Beverages Inc./Royal Crown International Division    BAZ047495    16-Dec-2008    RCQ


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Bosnia and Herzegovina    Cott Beverages Inc./Royal Crown International Division    BAZ069870    02-Apr-2010    ROYAL CROWN
Bosnia and Herzegovina    Cott Beverages Inc./Royal Crown International Division    BAZ069869    05-Apr-2010    RED RAIN
Botswana    Cott Beverages Inc./Royal Crown International Division    UK863    12-Sep-1988    ROYAL CROWN
Botswana    Cott Beverages Inc./Royal Crown International Division    SA4434    06-Apr-1976    RC
Brazil    Cott Beverages Inc.    818341289    04-Nov-1997    STARS & STRIPES
Brazil    Cott Beverages Inc./Royal Crown International Division    7041292    25-Dec-1979    ROYAL COLA
Brazil    Cott Beverages Inc./Royal Crown International Division    819415855    25-Dec-1979    RC
Brazil    Cott Beverages Inc./Royal Crown International Division    818909340    01-Sep-1998    ROYAL CROWN
Brazil    Cott Beverages Inc./Royal Crown International Division    821568051    15-Oct-2002    RC EDGE
Brazil    Cott Beverages Inc./Royal Crown International Division    829520597    04-Oct-2011    RC LIGHT
Brazil    Cott Beverages Inc./Royal Crown International Division    829707182    07-May-2008    RED RAIN
Brazil    Cott Beverages Inc./Royal Crown International Division    828490333    17-Nov-2009    RC & Design
Brazil    Cott Beverages Inc./Royal Crown International Division    830357815    30-Jul-2009    RC ZERO
Brazil    Cott Beverages Inc./Royal Crown International Division    830633740    11-Jun-2013    RCQ
Brazil    DS Waters of America, Inc.    829286179    21-Jun-11    NURSERY
Brazil    DS Waters of America, Inc.    824981863    03-Jul-2007    LOGO
Brunei Darussalam    Cott Beverages Inc./Royal Crown International Division    16187    03-Nov-1990    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Brunei Darussalam    Cott Beverages Inc./Royal Crown International Division    16249    22-Dec-1990    RC
Bulgaria    Cott Beverages Inc./Royal Crown International Division    20955    06-Jul-1993    RC
Bulgaria    Cott Beverages Inc./Royal Crown International Division    20515    01-Jun-1993    ROYAL CROWN
Bulgaria    Cott Beverages Inc./Royal Crown International Division    20956    06-Jul-1993    UPPER 10
Cambodia    Cott Beverages Inc./Royal Crown International Division    1727103    08-Jan-2003    RC
Cambodia    Cott Beverages Inc./Royal Crown International Division    1756203    25-Feb-2003    ROYAL CROWN
Caribbean Netherlands(Bonaire, St Eustatius, Saba)    Cott Beverages Inc./Royal Crown International Division    05481    24-May-2012    RC
Chile    Cott Beverages Inc.    793204    31-Jan-1997    STARS & STRIPES
Chile    Cott Beverages Inc./Royal Crown International Division    996475    22-Oct-2012    COTT RAIN & Design
Chile    Cott Beverages Inc./Royal Crown International Division    951553    31-May-2012    ROYAL CROWN BAM
Chile    Cott Beverages Inc./Royal Crown International Division    951552    31-May-2012    ROYAL CROWN RAIN
Chile    Cott Beverages Inc./Royal Crown International Division    918473    21-Mar-2011    RC LIGHT
Chile    Cott Beverages Inc./Royal Crown International Division    904620    09-Dec-2010    RCQ SUN
Chile    Cott Beverages Inc./Royal Crown International Division    904619    09-Dec-2010    RCQ TROPICAL
Chile    Cott Beverages Inc./Royal Crown International Division    904621    09-Dec-2010    RCQ FANTASY
Chile    Cott Beverages Inc./Royal Crown International Division    918472    18-May-2011    RC ZERO


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Chile    Cott Beverages Inc./Royal Crown International Division    761414    29-Jun-2006    RCQ (Stylized)
Chile    Cott Beverages Inc./Royal Crown International Division    743916    26-Dec-2005    ROYAL CROWN COLA & RC Design
Chile    Cott Beverages Inc./Royal Crown International Division    724464    15-Jan-1985    DIET-RITE
Chile    Cott Beverages Inc./Royal Crown International Division    1044927    03-Mar-1942    ROYAL CROWN
Chile    DS Waters of America, Inc.    803217    7-Dec-07    NURSERY
China    DS Waters of America, Inc.    6237616    28-Jan-10    NURSERY
China    DS Waters of America, Inc.    3341669    28-Jan-2010    LOGO 2
China (People’s Republic)    Cott Beverages Inc.    6633362    28-Mar-2010    BARE ALL
China (People’s Republic)    Cott Beverages Inc.    5925195    28-Nov-2009    GL-FIT
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    1289576    28-Jun-1999    ROYAL CROWN (Chinese Characters - Huang Quan)
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    166071    30-Nov-1982    ROYAL CROWN COLA RC (Stylized)
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    732001    28-Feb-1995    RC & Design
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    262288    10-Sep-1986    UPPER 10
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    166070    30-Nov-1982    ROYAL CROWN
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    5925194    28-Nov-2009    RCQ
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    4514356    14-Nov-2007    ROYAL CROWN COLA & RC Design

 

2  Registration not identified in independent foreign trademark database search.


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    6606264    28-Mar-2010    RED ROOSTER
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    1955876    28-Oct-2002    KICK
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    166072    30-Nov-1982    DIET RITE
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    725534    21-Jan-1995    ROYAL CROWN (Outlined Chinese Characters)
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    6726412    07-Apr-2010    RC & Design (color)
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    5491798    07-Jun-2009    COTT
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    6176650    21-Mar-2010    COTT (in Chinese)
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    5491797    21-Nov-2009    COTT
China (People’s Republic)    Cott Beverages Inc./Royal Crown International Division    6176649    14-Jan-2010    COTT (in Chinese)
Colombia    Cott Beverages Inc.    405439    30-Jul-2010    ORIENT EMPORIUM TEA CO.
Colombia    Cliffstar LLC    454463    28-Jun-2012    GOLDEN CROWN
Colombia    Cott Beverages Inc./Royal Crown International Division    457253    24-Aug-2012    COTT RAIN
Colombia    Cott Beverages Inc./Royal Crown International Division    454408    27-Jun-2012    ROYAL CROWN RAIN
Colombia    Cott Beverages Inc./Royal Crown International Division    448464    18-Apr-2012    ROYAL CROWN BAM
Colombia    Cott Beverages Inc./Royal Crown International Division    442961    29-Feb-2012    RED RAIN
Colombia    Cott Beverages Inc./Royal Crown International Division    92841    26-Jun-1978    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Colombia    Cott Beverages Inc./Royal Crown International Division    172327    26-Jan-1995    RC
Columbia    DS Waters of America, Inc.    345609    27-Nov-07    NURSERY
Congo, Republic of    Cott Beverages Inc./Royal Crown International Division    3632C    28-Aug-1987    RC
Congo, Republic of    Cott Beverages Inc./Royal Crown International Division    3633C    28-Aug-1987    ROYAL CROWN
Costa Rica    DS Waters of America, Inc.    174231    08-May-2008    NURSERY
Costa Rica    Cott Beverages Inc./Royal Crown International Division    75945    26-Jun-1991    ROYAL CROWN
Costa Rica    Cott Beverages Inc./Royal Crown International Division    28806    06-Nov-1990    RC (Stylized)
Costa Rica    Cott Beverages Inc./Royal Crown International Division    207003    04-Feb-2011    RC
Costa Rica    Cott Beverages Inc./Royal Crown International Division    230218    30-Sep-2013    RC LIGHT
Costa Rica    Cott Beverages Inc./Royal Crown International Division    230220    30-Sep-2013    RCQ
Croatia    Cott Beverages Inc./Royal Crown International Division    Z20040208    10-Feb-2004    RC
Croatia    Cott Beverages Inc./Royal Crown International Division    Z20040209    10-Feb-2004    RCQ
Croatia    Cott Beverages Inc./Royal Crown International Division    Z20041531    04-Oct-2004    RCQ (Stylized)
Croatia    Cott Beverages Inc./Royal Crown International Division    Z20060595    11-Dec-2006    ROYAL CROWN
Croatia    Cott Beverages Inc./Royal Crown International Division    Z20060594    11-Dec-2006    RED RAIN
Croatia    Cott Beverages Inc./Royal Crown International Division    Z941764    16-May-1996    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Cuba    Cott Beverages Inc./Royal Crown International Division    115017    20-Jul-1984    ROYAL CROWN COLA RC (Stylized)
Curacao    Cott Beverages Inc./Royal Crown International Division    4906    28-Apr-2012    RC
Cyprus, Republic of    Cott Beverages Inc./Royal Crown International Division    10554    03-May-1967    RC & Design
Cyprus, Republic of    Cott Beverages Inc./Royal Crown International Division    10552    03-May-1967    ROYAL CROWN (English & Greek Characters)
Czech Republic    Cott Beverages Inc./Royal Crown International Division    211950    25-Aug-1998    KICK
Czech Republic    Cott Beverages Inc./Royal Crown International Division    164169    17-Sep-1979    RC
Czech Republic    Cott Beverages Inc./Royal Crown International Division    221169    22-Nov-1999    ROYAL CROWN
Czech Republic    Cott Beverages Limited    996972    11-Mar-2009    EMERGE
Czech Republic    Cott Beverages Limited    467589    27-Apr-2009    U FORCE device
Denmark    Cott Beverages Inc./Royal Crown International Division    VR197000734    20-Feb-1970    ROYAL CROWN
Denmark    Cott Beverages Inc./Royal Crown International Division    VR197000737    20-Feb-1970    DIET-RITE
Denmark    Cott Beverages Limited    996972    23-Apr-2010    EMERGE
Dominican Republic    Cliffstar LLC    198911    31-Oct-2012    GOLDEN CROWN
Dominican Republic    Cott Beverages Inc./Royal Crown International Division    17477    24-Apr-1969    RC
Dominican Republic    Cott Beverages Inc./Royal Crown International Division    17481    24-Apr-1969    UPPER 10
Dominican Republic    Cott Beverages Inc./Royal Crown International Division    17480    24-Apr-1969    ROYAL CROWN
Dominican Republic    Cott Beverages Inc./Royal Crown International Division    153474    17-Mar-2006    ROYAL CROWN COLA & RC Design
Ecuador    Cott Beverages Inc./Royal Crown International Division    2573    27-Mar-1942    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Ecuador    Cott Beverages Inc./Royal Crown International Division    110    17-Apr-1973    RC
Ecuador    Cott Beverages Inc./Royal Crown International Division    428495    18-Dec-1995    DIET-RITE
Ecuador    Cott Beverages Inc./Royal Crown International Division    262912    06-Feb-2012    RCQ
Egypt    Cott Beverages Inc./Royal Crown International Division    90789    04-Dec-1997    ROYAL CROWN (Stylized English & Arabic Characters)
Egypt    Cott Beverages Inc./Royal Crown International Division    43700    15-Sep-1968    RC
Egypt    Cott Beverages Inc./Royal Crown International Division    43701    15-Sep-1968    ROYAL CROWN
El Salvador    DS Waters of America, Inc.    110121    08-JAN-2009    NURSERY
El Salvador    Cott Beverages Inc./Royal Crown International Division    127 book 100    30-Jan-2008    ROYAL CROWN COLA RC & Design
Estonia    Cott Beverages Inc./Royal Crown International Division    44958    21-Apr-2008    RC & Design
Estonia    Cott Beverages Inc./Royal Crown International Division    29909    13-Dec-1999    KICK
Estonia    Cott Beverages Inc./Royal Crown International Division    19289    19-Apr-1996    ROYAL CROWN
Ethiopia    Cott Beverages Inc./Royal Crown International Division    3035    22-Jul-1999    RC
Ethiopia    Cott Beverages Inc./Royal Crown International Division    3034    22-Jul-1999    ROYAL CROWN
European Community    Cott Beverages Inc./Royal Crown International Division    1393701    26-Feb-01    RC EDGE
European Community    Cott Beverages Inc./Royal Crown International Division    576041    17-NOV-1998    HEAD KICK
European Community    Cott Beverages Inc./Royal Crown International Division    8673162    19-May-2010    UPPER 10


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

European Community    Cott Beverages Inc./Royal Crown International Division    8774119    15-Jun-2010    RC LIGHT
European Community    Cott Beverages Inc./Royal Crown International Division    4338067    19-JUN-2006    RC
European Community    Cott Beverages Inc./Royal Crown International Division    4338075    29-May-2008    ROYAL CROWN
European Community    Cott Beverages Inc./Royal Crown International Division    4380143    25-Apr-2006    RC & Design
European Community    Cott Beverages Inc./Royal Crown International Division    4436473    10-May-2007    DIET RITE
European Community    Cott Beverages Inc./Royal Crown International Division    4436481    24-May-2006    RCQ
European Community    DS Waters of America, Inc.    2628451    30-Aug-2004    LOGO
European Community    DS Waters of America, Inc.    1814110    19-Dec-2001   
European Union    Cott Beverages Limited    6198949    25-July-2008    ALL AND NOTHING
European Union    Cott Beverages Limited    5847629    13-Mar-2008    LOGO
European Union    Cott Beverages Limited    5801105    17-Apr-2008    BARE ALL
European Union    Sangs (Banff) Limmited    8271132    22-Nov-2009    LOGO


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

European Union    Cott Beverages Limited    2655900    14-Aug-2003    LOGO
European Union    Cott Beverages Limited    1211010    12-Sept-2000    BEN SHAWS
European Union    Cott Beverages Limited    9017121    24-Aug-2010    CARTER
European Union    Cott Beverages Limited    8932932    5-Oct-2010    COTT
European Union    Cott Beverages Limited    6790158    13-Dec-2008    LOGO
European Union    Cott Beverages Limited    6021687    22-May-2008    GL-7
European Union    Sangs (Banff) Limited    8271199    21-Oct-2009    JETPOP
European Union    Cott Beverages Limited    9017195    27-Sept-2010    JUICEFUL
European Union    Cott Beverages Limited    2655892    26-Sept-2003    MACAW
European Union    Sangs (Banff) Limited    8270944    21-Oct-2009    MacB
European Union    Cott Beverages Limited    6164297    11-Sept-2008    No Can’t Do
European Union    Cott Beverages Limited    5934435    25-Apr-2008    ORIENT EMPORIUM TEA CO
European Union    Cott Beverages Limited    8500084    27-Jan-2010    RED RAIN
European Union    Cott Beverages Limited    8385262    12-Jan-2010    RED ROOSTER ENERGY SHOT
European Union    Cott Beverages Limited    3033172    20-Dec-2004    RED ROOSTER
European Union    Suso Drinks Limited    9793217    18-Aug-2011    STAND UP. STAND OUT.
European Union    Cott Beverages Limited    7548662    20-Apr-2011    SUSO
European Union    Cott Beverages Limited    5246723    20-May-2009    SUSO
European Union    Cott Beverages Limited    6928584    9-June-2009    SUSOLOGY
European Union    Cott Beverages Limited    8387334    12-Jan-2010    LOGO
Fiji    Cott Beverages Inc./Royal Crown International Division    3970    11-Oct-1961    ROYAL CROWN COLA


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Finland    Cott Beverages Inc./Royal Crown International Division    58291    21-Apr-1971    DIET RITE
Finland    Cott Beverages Inc./Royal Crown International Division    57662    09-Nov-1970    ROYAL CROWN
France    Cott Beverages Inc./Royal Crown International Division    1470582    26-Jul-1968    ROYAL CROWN
France    Cott Beverages Inc./Royal Crown International Division    1470581    26-Jul-1968    RC
France    Cott Beverages Inc./Royal Crown International Division    95593742    23-Oct-1995    ROYAL CROWN DRAFT
France    Cott Beverages Limited    093659405    23-June-2009    CARTERS STAR
France    Cott Beverages Limited    093654844    04-June-2009    CARTERS
France    Cott Beverages Limited    996972       EMERGE
France    Cott Beverages Limited    93640210    30-Mar-2009    RED RAIN
Gaza District    Cott Beverages Inc./Royal Crown International Division    3322    14-Sep-1996    RC
Gaza District    Cott Beverages Inc./Royal Crown International Division    3321    14-Sep-1996    ROYAL CROWN
Gaza District    Cott Beverages Inc./Royal Crown International Division    13517    06-Jul-2009    Tattoo Logo
Gaza District    Cott Beverages Inc./Royal Crown International Division    5860    30-Jan-2000    ROYAL CROWN COLA & RC Design (in English) (Label in color)
Gaza District    Cott Beverages Inc./Royal Crown International Division    5859    30-Jan-2000    ROYAL CROWN COLA & RC Design (in Arabic) (Label in color)
Georgia    Cott Beverages Inc./Royal Crown International Division    4362    17-Jan-1997    ROYAL CROWN
Georgia    Cott Beverages Inc./Royal Crown International Division    4361    16-Jan-1997    ROYAL CROWN COLA RC (Stylized)
Germany    Cott Beverages Inc./Royal Crown International Division    39510662    05-Dec-1995    ROYAL CROWN COLA RC COLA (Stylized)
Germany    Cott Beverages Inc./Royal Crown International Division    39539153    12-Feb-1996    ROYAL CROWN DRAFT


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Germany    Cott Beverages Inc./Royal Crown International Division    786315    31-Mar-1964    DIET-RITE
Germany    Cott Beverages Inc./Royal Crown International Division    2097827    02-Aug-1995    UPPER 10
Germany    Cott Beverages Inc./Royal Crown International Division    779444    15-Dec-1959    ROYAL CROWN
Ghana    Cott Beverages Inc./Royal Crown International Division    17853    06-May-1978    ROYAL CROWN
Ghana    Cott Beverages Inc./Royal Crown International Division    B17912    06-May-1971    RC (Stylized)
Greece    Cott Beverages Inc./Royal Crown International Division    58128    03-Feb-1977    DIET RITE
Greece    Cott Beverages Inc./Royal Crown International Division    46834    11-Aug-1971    RC
Greece    Cott Beverages Inc./Royal Crown International Division    129463    29-May-1996    ROYAL CROWN
Greece    Cott Beverages Inc./Royal Crown International Division    153347    17-Dec-2009    RC ZERO
Greece    Cott Beverages Limited    226490    02-Oct-2014    EMERGE
Guatemala    Cott Beverages Inc./Royal Crown International Division    22789    17-Nov-1970    ROYAL CROWN
Guatemala    Cott Beverages Inc./Royal Crown International Division    22791    17-Nov-1970    RC
Guatemala    Cott Beverages Inc./Royal Crown International Division    20525    18-Mar-1969    DIET-RITE
Guatemala    Cott Beverages Inc./Royal Crown International Division    487530221    18-Feb-1942    ROYAL CROWN
Guatemala    Cott Beverages Inc./Royal Crown International Division    20526    18-Mar-1969    UPPER 10 (Stylized)
Guatemala    Cott Beverages Inc./Royal Crown International Division    174209    07-Feb-2011    EDGE
Guatemala    DS Waters of America, Inc.    182861    4-May-12    NURSERY


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Guyana    Cott Beverages Inc./Royal Crown International Division    10051C    02-Oct-1976    ROYAL CROWN
Guyana    Cott Beverages Inc./Royal Crown International Division    22663    28-May-2008    RED RAIN
Haiti    Cott Beverages Inc./Royal Crown International Division    234143    06-Oct-2004    ROYAL CROWN
Haiti    Cott Beverages Inc./Royal Crown International Division    311139    07-May-1973    RC
Honduras    Cott Beverages Inc./Royal Crown International Division    22549    22-Oct-1975    RC
Honduras    Cott Beverages Inc./Royal Crown International Division    23190    20-Sep-1976    ROYAL CROWN
Honduras    Cott Beverages Inc./Royal Crown International Division    81108    26-Mar-2001    UPPER 10
Hong Kong    DS Services of America, Inc.    300163124    02-Aug-2004    LOGO 3
Hong Kong    Cott Beverages Inc.    300855405    17-Aug-2007    ORIENT EMPORIUM TEA CO.
Hong Kong    Cott Beverages Inc.    300842779    29-Mar-2007    GL-FIT
Hong Kong    Cott Beverages Inc./Royal Crown International Division    300842788    29-Mar-2007    RCQ
Hong Kong    Cott Beverages Inc./Royal Crown International Division    300842797    29-Mar-2007    UPPER 10
Hong Kong    Cott Beverages Inc./Royal Crown International Division    300685666    06-Feb-2007    COTT
Hong Kong    Cott Beverages Inc./Royal Crown International Division    300915057    8-Jan-2008    COTT (in Chinese)
Hong Kong    Cott Beverages Inc./Royal Crown International Division    9781965    16-Oct-1965    ROYAL CROWN COLA

 

 

3  Registration not identified in independent foreign trademark database search.


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Hungary    Cott Beverages Inc./Royal Crown International Division    143507    28-Mar-1997    RC
Hungary    Cott Beverages Inc./Royal Crown International Division    133619    30-Mar-1993    UPPER 10
Hungary    Cott Beverages Inc./Royal Crown International Division    154446    05-Oct-1998    ROYAL CROWN
Hungary    Cott Beverages Inc./Royal Crown International Division    190510    07-Aug-2007    RC & Design
Hungary    Cott Beverages Limited    996972    11-Mar-2009    EMERGE
Hungary    Cott Beverages Limited    199160    24-Apr-2009    LOGO
Iceland    Cott Beverages Inc./Royal Crown International Division    2092007    06-Feb-2007    ROYAL CROWN COLA & RC Design
Iceland    Cott Beverages Inc./Royal Crown International Division    1162013    31-Jan-2013    RCQ
Iceland    Cott Beverages Inc./Royal Crown International Division    1152013    31-Jan-2013    RC
Iceland    Cott Beverages Inc./Royal Crown International Division    1142013    31-Jan-2013    ROYAL CROWN
Iceland    Cott Beverages Inc./Royal Crown International Division    1132013    31-Jan-2013    RED RAIN
India    Cott Beverages Inc./Royal Crown International Division    639691    06-Jun-2007    RCQ (Stylized)
India    Cott Beverages Inc./Royal Crown International Division    909192    21-May-2005    RC EDGE
India    Cott Beverages Inc./Royal Crown International Division    1267219    14-Mar-2008    RCQ


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

India    Cott Beverages Inc./Royal Crown International Division    1149220    05-May-2005    COTT
India    Cott Beverages Inc./Royal Crown International Division    337035    03-Jul-1980    ROYAL CROWN
India    Cott Beverages Inc./Royal Crown International Division    665825    16-May-1995    ROYAL CROWN COLA RC COLA (Stylized)
India    Cott Beverages Inc./Royal Crown International Division    265536    23-Feb-1972    RC (Stylized)
India    Cott Beverages Limited    1957346    15-May-2013    EMERGE
Indonesia    Cott Beverages Inc./Royal Crown International Division    IDM000018600    18-Mar-1968    ROYAL CROWN
Indonesia    Cott Beverages Inc./Royal Crown International Division    448987    14-Jun-2000    KICK
Indonesia    Cott Beverages Inc./Royal Crown International Division    457082    22-Apr-1999    RC EDGE
Indonesia    Cott Beverages Inc./Royal Crown International Division    445284    01-May-2000    RC
Indonesia    DS Waters of America, Inc.    IDM000191315    23-Jan-09    NURSERY
Iran (Islamic Republic of)    Cott Beverages Inc./Royal Crown International Division    158199    14-Sep-2008    RC
Iraq    Cott Beverages Inc./Royal Crown International Division    6011    26-Nov-2013    UPPER 10
Israel    Cott Beverages Inc.    90836    08-Oct-1996    COTT
Israel    Cott Beverages Inc.    88825    08-Oct-1996    COTT
Ireland    Cott Beverages Limited    241884    29-July-2009    CARTERS STAR
Ireland    Cott Beverages Limited    996972    28-July-2009    EMERGE
Ireland    Cott Beverages Limited    221106    04-Apr-2001    RED ROOSTER
Israel    Cott Beverages Inc./Royal Crown International Division    262217    19-Jan-2014    RC NEO
Israel    Cott Beverages Inc./Royal Crown International Division    235575    05-Mar-2012    RC (Arabic Characters)
Israel    Cott Beverages Inc./Royal Crown International Division    221833    08-Nov-2009    Tattoo Logo


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Israel    Cott Beverages Inc./Royal Crown International Division    207425    06-May-2009    RC
Israel    Cott Beverages Inc./Royal Crown International Division    207427    08-Nov-2009    RC COLA ONE
Israel    Cott Beverages Inc./Royal Crown International Division    208203    08-Nov-2009    RC COLA FREE
Israel    Cott Beverages Inc./Royal Crown International Division    127345    06-Apr-2000    RC EDGE
Israel    Cott Beverages Inc./Royal Crown International Division    156307    02-Jun-2003    RCQ
Israel    Cott Beverages Inc./Royal Crown International Division    236854    05-Aug-2012    ICON
Israel    Cott Beverages Inc./Royal Crown International Division    236853    01-Jan-2013    RC COLA LEMON
Israel    Cott Beverages Inc./Royal Crown International Division    236855    01-Jan-2013    DIET RC COLA
Israel    Cott Beverages Inc./Royal Crown International Division    219310    08-Mar-2009    UPPER 10
Israel    Cott Beverages Inc./Royal Crown International Division    70517    06-Dec-1992    ROYAL CROWN
Israel    Cott Beverages Inc./Royal Crown International Division    70518    06-Dec-1992    ROYAL CROWN COLA RC (Stylized)
Israel    Cott Beverages Inc./Royal Crown International Division    70519    17-Mar-1993    UPPER 10 (Stylized)
Israel    Cott Beverages Inc./Royal Crown International Division    70515    17-Mar-1993    DIET RITE
Italy    Cott Beverages Inc./Royal Crown International Division    1043598    11-Jan-1967    DIET-RITE
Italy    Cott Beverages Inc./Royal Crown International Division    720619    27-Sep-1997    ROYAL CROWN DRAFT
Italy    Cott Beverages Inc./Royal Crown International Division    1272710    14-Feb-1968    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Italy    Cott Beverages Inc./Royal Crown International Division    989334    30-Dec-2005    RC EDGE
Italy    Cott Beverages Inc./Royal Crown International Division    1272720    14-Feb-1968    RC
Italy    Cott Beverages Inc./Royal Crown International Division    1316594    15-Jul-2010    RC ZERO
Italy    Cott Beverages Limited    1094195    15-Feb-2008    EMERGE
Jamaica    Cott Beverages Inc./Royal Crown International Division    52032    25-Apr-2008    RED RAIN
Jamaica    Cott Beverages Inc./Royal Crown International Division    48109    08-Dec-2006    ROYAL CROWN COLA RC & Design
Jamaica    Cott Beverages Inc./Royal Crown International Division    26790    01-Aug-1996    UPPER 10
Jamaica    DS Waters of America, Inc.    51887    4-Apr-08    NURSERY
Japan    Cott Beverages Inc./Royal Crown International Division    4116722    20-Feb-1998    DIET RITE
Japan    Cott Beverages Inc./Royal Crown International Division    4195568    09-Oct-1998    ROYAL CROWN DRAFT
Japan    Cott Beverages Inc./Royal Crown International Division    4199861    16-Oct-1998    ROYAL CROWN
Japan    Cott Beverages Inc./Royal Crown International Division    5106214    18-Jan-2008    RC & Design
Japan    DS Waters of America, Inc.    5117890    14-Mar-08    NURSERY
Jordan    Cott Beverages Inc./Royal Crown International Division    74601    25-Apr-2004    RCQ
Jordan    Cott Beverages Inc./Royal Crown International Division    18440    11-Nov-1971    ROYAL CROWN
Jordan    Cott Beverages Inc./Royal Crown International Division    14364    11-Nov-1971    RC
Kazakhstan    Cott Beverages Inc./Royal Crown International Division    8098    30-Dec-1998    KICK


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Kazakhstan    Cott Beverages Inc./Royal Crown International Division    7107    08-Jun-1998    ROYAL CROWN
Kazakhstan    Cott Beverages Inc./Royal Crown International Division    19651    30-Jan-2006    RC & Design
Kazakhstan    Cott Beverages Inc./Royal Crown International Division    27047    17-Nov-2008    RCQ
Kenya    Cott Beverages Inc./Royal Crown International Division    26133    25-May-1979    ROYAL CROWN COLA RC (Stylized)
Korea, Republic of    Cliffstar LLC    1037868    16-May-2014    CHADWICK BAY
Korea, Republic of    Cott Beverages Inc./Royal Crown International Division    658956    18-Apr-2006    ROYAL CROWN COLA & RC Design
Korea, Republic of    Cott Beverages Inc./Royal Crown International Division    460261    07-Dec-1999    RC EDGE
Kosovo    Cott Beverages Inc./Royal Crown International Division    13252    02-Sep-2014    KICK
Kosovo    Cott Beverages Inc./Royal Crown International Division    11734    26-Sep-2013    RCQ EXOTIC
Kosovo    Cott Beverages Inc./Royal Crown International Division    11735    26-Sep-2013    RCQ BITTER LEMON
Kosovo    Cott Beverages Inc./Royal Crown International Division    8012    29-May-2012    ROYAL CROWN COLA & RC Design
Kosovo    Cott Beverages Inc./Royal Crown International Division    8013    29-May-2012    RED RAIN
Kosovo    Cott Beverages Inc./Royal Crown International Division    8862    21-Jan-2013    RCQ
Kosovo    Cott Beverages Inc./Royal Crown International Division    8861    21-Jan-2013    ORIENT EMPORIUM TEA CO.
Kosovo    Cott Beverages Inc./Royal Crown International Division    11736    26-Sep-2013    RCQ ORANGE
Kuwait    Cott Beverages Inc.    57503    23-Apr-2006    COTT
Kuwait    Cott Beverages Inc./Royal Crown International Division    17230    30-Sep-1985    UPPER 10 (English & Arabic Characters)


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Kuwait    Cott Beverages Inc./Royal Crown International Division    8833    18-Feb-1978    DIET-RITE (English & Arabic Characters)
Kuwait    Cott Beverages Inc./Royal Crown International Division    8834    18-Feb-1978    ROYAL CROWN (Arabic Characters)
Kuwait    Cott Beverages Inc./Royal Crown International Division    8836    18-Feb-1978    RC (Arabic Characters)
Kuwait    Cott Beverages Inc./Royal Crown International Division    3519    14-Oct-1968    RC
Kuwait    Cott Beverages Inc./Royal Crown International Division    41780    31-Oct-2000    RC EDGE
Kuwait    Cott Beverages Inc./Royal Crown International Division    3713    14-Oct-1968    ROYAL CROWN
Kuwait    Cott Beverages Inc./Royal Crown International Division    50622    16-Feb-2003    RCQ
Kyrgyz Republic    Cott Beverages Inc./Royal Crown International Division    7295    31-Mar-2005    RC & Design
Kyrgyz Republic    Cott Beverages Inc./Royal Crown International Division    2701    20-Dec-1995    ROYAL CROWN
Kyrgyz Republic    Cott Beverages Inc./Royal Crown International Division    4132    30-Dec-1997    KICK
Laos    Cott Beverages Inc./Royal Crown International Division    9943    18-Sep-2002    ROYAL CROWN
Laos    Cott Beverages Inc./Royal Crown International Division    9942    18-Sep-2002    RC
Latvia    Cott Beverages Inc./Royal Crown International Division    M54696    20-Mar-2005    RC
Latvia    Cott Beverages Inc./Royal Crown International Division    M34880    20-Dec-1996    ROYAL CROWN
Latvia    Cott Beverages Inc./Royal Crown International Division    M40210    20-Mar-1998    KICK
Lebanon    Cott Beverages Inc./Royal Crown International Division    80683    25-Sep-1969    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Lebanon    Cott Beverages Inc./Royal Crown International Division    82447    12-Feb-1970    ROYAL CROWN (Arabic Characters)
Lebanon    Cott Beverages Inc./Royal Crown International Division    68738    26-Jan-1966    DIET-RITE (English & Arabic Characters)
Lebanon    Cott Beverages Inc./Royal Crown International Division    82446    12-Feb-1970    RC (Arabic Characters)
Lebanon    Cott Beverages Inc./Royal Crown International Division    80682    24-Sep-1969    RC
Lebanon    Cott Beverages Inc./Royal Crown International Division    107431    06-Jul-2006    RCQ (Stylized)
Lesotho    Cott Beverages Inc./Royal Crown International Division    LSM0700012    24-Oct-2008    ROYAL CROWN COLA & RC Design
Lesotho    Cott Beverages Inc./Royal Crown International Division    LSM9002820    31-Jul-1967    RC
Lesotho    Cott Beverages Inc./Royal Crown International Division    LSM9001883    12-Sep-1967    ROYAL CROWN
Liberia    Cott Beverages Inc./Royal Crown International Division    41289274    18-Nov-1959    ROYAL CROWN
Liberia    Cott Beverages Inc./Royal Crown International Division    200400047    18-May-2004    RC
Libya    Cott Beverages Inc./Royal Crown International Division    10157    2/7/2007    DIET RITE & Design
Libya    Cott Beverages Inc./Royal Crown International Division    10156    2/7/2007    ROYAL CROWN COLA & RC Design
Lithuania    Cott Beverages Inc./Royal Crown International Division    24909    29-May-1997    ROYAL CROWN
Lithuania    Cott Beverages Inc./Royal Crown International Division    32577    08-Apr-1999    KICK
Lithuania    Cott Beverages Inc./Royal Crown International Division    50920    10-Feb-2006    RC
Macau    Cott Beverages Inc.    N27077    03-Jan-2008    ORIENT EMPORIUM TEA CO.


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Macau    Cott Beverages Inc.    N27078    03-Jan-2008    ORIENT EMPORIUM TEA CO.
Macau    Cott Beverages Inc./Royal Crown International Division    N26982    30-Jul-2007    RCQ
Macau    Cott Beverages Inc./Royal Crown International Division    5665M    12-Feb-1988    RC
Macau    Cott Beverages Inc./Royal Crown International Division    5668M    12-Feb-1988    ROYAL CROWN
Macau    Cott Beverages Inc./Royal Crown International Division    5667M    12-Feb-1988    DIET-RITE
Macau    Cott Beverages Inc./Royal Crown International Division    N23288    07-Dec-2006    COTT
Macedonia    Cott Beverages Inc.    14995    03-Mar-2008    ORIENT EMPORIUM TEA CO.
Macedonia    Cott Beverages Inc./Royal Crown International Division    13697    11-Feb-2008    ROYAL CROWN
Macedonia    Cott Beverages Inc./Royal Crown International Division    13695    11-Feb-2008    RED RAIN
Macedonia    Cott Beverages Inc./Royal Crown International Division    1853    05-Feb-1996    ROYAL CROWN
Macedonia    Cott Beverages Inc./Royal Crown International Division    2243    05-Mar-1996    UPPER 10
Macedonia    Cott Beverages Inc./Royal Crown International Division    5333    13-Jul-1997    ROYAL CROWN COLA RC (Stylized)
Macedonia    Cott Beverages Inc./Royal Crown International Division    13064    10-Mar-2005    KICK
Macedonia    Cott Beverages Limited    941160    02-Oct-2007    ORIENT EMPORIUM TEA CO
Madagascar    Cott Beverages Inc./Royal Crown International Division    298    23-Mar-1995    RC
Madagascar    Cott Beverages Inc./Royal Crown International Division    296    23-Mar-1995    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Malawi    Cott Beverages Inc./Royal Crown International Division    108562    31-Oct-1962    ROYAL CROWN COLA
Malaya    Cott Beverages Inc./Royal Crown International Division    M049284    04-Jan-1968    ROYAL CROWN COLA
Malta    Cott Beverages Inc./Royal Crown International Division    8570    02-Mar-1966    ROYAL CROWN
Martinique    Cott Beverages Inc./Royal Crown International Division    M49283    04-Jan-1968    ROYAL CROWN COLA RC (Stylized)
Martinique    Cott Beverages Inc./Royal Crown International Division    M49284    04-Jan-1968    ROYAL CROWN COLA
Mauritius    Cott Beverages Inc./Royal Crown International Division    146922013    28-Jun-2013    RC
Mauritius    Cott Beverages Inc./Royal Crown International Division    146932013    28-Jun-2013    ROYAL CROWN
Mauritius    Cott Beverages Inc./Royal Crown International Division    A24133    29-Jun-1982    ROYAL CROWN RC & Design
Mexico    Cott Corporation    1047802    30-Jun-2008    AGUA MIST / AQUA MIST
Mexico    Cott Corporation    1005619    05-Oct-2007    AMERICAN CLASSIC
Mexico    Cott Corporation    1005618    05-Oct-2007    AQUEL
Mexico    Cott Corporation    1004667    27-Sep-2007    COTT EAU NATURELLE
Mexico    Cott Corporation    1005625    05-Oct-2007    DR. EXTREME
Mexico    Cott Corporation    1011396    15-Nov-2007    DR. STRIPES
Mexico    Cott Corporation    1005624    05-Oct-2007    EMERGE
Mexico    Cott Corporation    1004666    27-Sep-2007    GL-7
Mexico    Cott Corporation    1005623    05-Oct-2007    GLFIT
Mexico    Cott Corporation    1005621    05-Oct-2007    MOUNTAIN STARS
Mexico    Cott Corporation    1060056    09-Sep-2008    ORIENT EMPORIUM TEA CO.
Mexico    Cott Corporation    1005622    05-Oct-2007    SILVER PEAK
Mexico    Cott Corporation    1005614    05-Oct-2007    SO CLEAR
Mexico    Cott Corporation    1005615    05-Oct-2007    SO CLEAR
Mexico    Cott Corporation    516113    31-Jan-1996    STARS & STRIPES
Mexico    Cott Corporation    1097377    24-Apr-2009    STARS & STRIPES & Design
Mexico    Cott Corporation    1005620    05-Oct-2007    STARS UP


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Mexico    Cott Corporation    1005617    05-Oct-2007    SUN MOUNTAIN
Mexico    Cott Corporation    1005616    05-Oct-2007    TWICE UP
Mexico    DS Waters of America, LP    1024564    20-Feb-08    NURSERY
Mexico    Danone Waters of North America, Inc.    430226    27-Jan-93    SPARKLETTS
Mexico    DS Waters of America, LP    911955    30-Nov-2005    LOGO
Mexico    DS Waters of America, LP    928568    11-Apr-2006    LOGO
Mexico    DS Waters of America, LP    913221    09-Dec-2005    LOGO
Mexico    DS Waters of America, LP    776090    30-Jan-2003    LOGO
Mexico    DS Waters of America, LP    914751    20-Dec-2005    LOGO
Mexico    DS Waters of America, LP    911899    30-Nov-2005    LOGO
Mexico    DS Waters of America, LP    945847    28-Jul-2006    LOGO
Mexico    DS Waters of America, LP    914752    20-Dec-2005    LOGO
Mexico    Suntory Water Group, Inc.    687862    27-Feb-2001    LOGO
Moldova    Cott Beverages Inc./Royal Crown International Division    3439    22-Feb-1996    ROYAL CROWN
Moldova    Cott Beverages Inc./Royal Crown International Division    18496    19-Mar-2008    ORIENT EMPORIUM TEA CO.
Moldova    Cott Beverages Inc./Royal Crown International Division    12430    04-Mar-2004    RC
Monaco    Cott Beverages Inc./Royal Crown International Division    R0424235    15-Jul-2004    RC


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Monaco    Cott Beverages Inc./Royal Crown International Division    R9516083    09-Apr-1970    ROYAL CROWN
Monaco    Cott Beverages Inc./Royal Crown International Division    R9516084    09-Apr-1970    DIET-RITE
Morocco    Cott Beverages Inc./Royal Crown International Division    R46315    21-Mar-1991    RC
Morocco    Cott Beverages Inc./Royal Crown International Division    R46316    21-Mar-1991    RC (Arabic Characters)
Morocco    Cott Beverages Inc./Royal Crown International Division    R46314    21-Mar-1991    ROYAL CROWN (Arabic Characters)
Morocco    Cott Beverages Inc./Royal Crown International Division    R46313    21-Mar-1991    ROYAL CROWN
Myanmar    Cott Beverages Inc./Royal Crown International Division    3079    25-Jul-1995    ROYAL CROWN
Myanmar    Cott Beverages Inc./Royal Crown International Division    3075    25-Jul-1995    RC
Myanmar    Cott Beverages Inc./Royal Crown International Division    3076    25-Jul-1995    DIET RITE
Myanmar    Cott Beverages Inc./Royal Crown International Division    3074    25-Jul-1995    UPPER 10
Namibia    Cott Beverages Inc./Royal Crown International Division    20040354    05-Jul-2006    RC
Namibia    Cott Beverages Inc./Royal Crown International Division    68042    12-Feb-1968    ROYAL CROWN COLA
Namibia    Cott Beverages Inc./Royal Crown International Division    71329    27-Jul-1971    ROYAL CROWN
Netherlands Antilles    Cott Beverages Inc./Royal Crown International Division    13549    27-Jun-2008    ROYAL CROWN
Netherlands Antilles    Cott Beverages Inc./Royal Crown International Division    14627    19-Mar-2010    RC ZERO
Netherlands Antilles    Cott Beverages Inc./Royal Crown International Division    14628    19-Mar-2010    RCQ


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Netherlands Antilles    Cott Beverages Inc./Royal Crown International Division    14629    19-Mar-2010    UPPER 10
Netherlands Antilles    Cott Beverages Inc./Royal Crown International Division    14630    19-Mar-2010    DIET UPPER 10
New Zealand    Cott Beverages Inc./Royal Crown International Division    262155    12-Nov-1999    ROYAL CROWN
New Zealand    Cott Beverages Inc./Royal Crown International Division    240072    10-Aug-1998    RC COLA (Stylized)
New Zealand    Cott Beverages Inc./Royal Crown International Division    285601    03-Dec-1997    ROYAL CROWN DRAFT
Nicaragua    DS Waters of America, Inc.    0800741LM    11-Apr-08    NURSERY
Nigeria    Cott Beverages Inc./Royal Crown International Division    28480    28-Apr-1992    ROYAL CROWN COLA RC (Stylized)
Nigeria    Cott Beverages Inc./Royal Crown International Division    41942    29-May-1991    UPPER 10
Norway    Cott Beverages Inc.    274485    12-Feb-2014    RC ZERO
Norway    Cott Beverages Inc./Royal Crown International Division    79079    16-Apr-1970    DIET-RITE
Norway    Cott Beverages Inc./Royal Crown International Division    79512    19-Jun-1970    RC
Norway    Cott Beverages Inc./Royal Crown International Division    183082    26-Jun-1997    ROYAL CROWN
Norway    Cott Beverages Inc./Royal Crown International Division    238457    22-Mar-2007    RC & Design
Oman    Cott Beverages Inc./Royal Crown International Division    66811    14-Jan-2012    RC (Arabic Characters)
Oman    Cott Beverages Inc./Royal Crown International Division    29995    19-Jun-2005    RCQ
Oman    Cott Beverages Inc./Royal Crown International Division    30249    05-Jul-2005    COTT
Oman    Cott Beverages Inc./Royal Crown International Division    19970    09-Jun-2004    RC EDGE


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Oman    Cott Beverages Inc./Royal Crown International Division    4782    07-Nov-1998    ROYAL CROWN
Oman    Cott Beverages Inc./Royal Crown International Division    9655    23-Jun-2002    RC ROYAL CROWN
Oman    Cott Beverages Inc./Royal Crown International Division    4781    07-Nov-1998    DIET-RITE
Pakistan    Cott Beverages Inc./Royal Crown International Division    68471    23-Sep-1980    UPPER 10
Pakistan    Cott Beverages Inc./Royal Crown International Division    60541    19-Oct-1976    RC COLA & Design (Urdu & Arabic Characters)
Pakistan    Cott Beverages Inc./Royal Crown International Division    60540    22-Apr-1974    ROYAL CROWN RC (Stylized)
Pakistan    Cott Beverages Inc./Royal Crown International Division    138411    29-Oct-1996    RC
Pakistan    Cott Beverages Inc./Royal Crown International Division    261777    16-Feb-2009    RCQ
Pakistan    Cott Beverages Inc./Royal Crown International Division    138422    29-Oct-1996    ROYAL CROWN
Panama    Cott Beverages Inc.    20407301    29-Mar-2012    RCQ
Panama    Cott Beverages Inc.    20410501    13-Mar-2012    RC LIGHT
Panama    Cott Beverages Inc./Royal Crown International Division    23001    27-Aug-2012    ROYAL CROWN (Stylized)
Panama    Cott Beverages Inc./Royal Crown International Division    15670601    15-Apr-2008    RC & Design
Papua New Guinea    Cott Beverages Inc./Royal Crown International Division    A65259    16-Sep-1975    RC & Design
Papua New Guinea    Cott Beverages Inc./Royal Crown International Division    A2564R    09-Jun-2004    ROYAL CROWN COLA
Paraguay    Cott Beverages Inc./Royal Crown International Division    318255    17-Sep-1998    ROYAL CROWN
Paraguay    Cott Beverages Inc./Royal Crown International Division    350112    25-Oct-1971    RC


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Paraguay    Cott Beverages Inc./Royal Crown International Division    221950    18-Jan-2000    KICK
Paraguay    Cott Beverages Inc./Royal Crown International Division    328876    10-Mar-2010    EMERGE
Paraguay    Cott Beverages Inc./Royal Crown International Division    327887    19-Jan-2010    RED RAIN
Paraguay    DS Waters of America, Inc.    308310    15-Apr-08    NURSERY
Peru    Cott Beverages Inc./Royal Crown International Division    9037    29-Oct-1981    RC
Peru    Cott Beverages Inc./Royal Crown International Division    61835    15-May-1991    DIET-RITE
Peru    Cott Beverages Inc./Royal Crown International Division    9018    27-Oct-1986    ROYAL CROWN
Peru    DS Waters of America, Inc.    134901    4-Feb-08    NURSERY
Philippines    Cott Beverages Inc./Royal Crown International Division    58817    12-Jul-1994    ROYAL CROWN
Philippines    Cott Beverages Inc./Royal Crown International Division    42002006443    17-Jan-2005    RC
Philippines    Cott Beverages Inc./Royal Crown International Division    42012007476    21-Jan-2010    UPPER 10
Philippines    Cott Beverages Inc./Royal Crown International Division    42012007477    21-Jan-2010    RCQ
Philippines    Cott Beverages Inc./Royal Crown International Division    42013009297    12-Dec-2013    RC COLA FREE
Poland    Cott Beverages Inc./Royal Crown International Division    R75903    21-Jan-1994    ROYAL CROWN
Poland    Cott Beverages Inc./Royal Crown International Division    R75904    21-Jan-1994    RC
Poland    Cott Beverages Limited    996972    11-Mar-2009    EMERGE


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Poland    Cott Beverages Limited    R-229903    23-Apr-2009    LOGO
Portugal    Cott Beverages Inc./Royal Crown International Division    156787    10-Dec-1970    DIET-RITE
Portugal    Cott Beverages Inc./Royal Crown International Division    231177    08-Oct-1991    UPPER 10
Portugal    Cott Beverages Inc./Royal Crown International Division    162246    12-Apr-1972    ROYAL CROWN
Portugal    Cott Beverages Inc./Royal Crown International Division    350353    01-Oct-2001    RC
Portugal    Cott Beverages Limited    996972    11-Mar-2009    EMERGE
Qatar    Cott Beverages Inc./Royal Crown International Division    34921    11-Sep-2007    ROYAL CROWN COLA (English) & RC (Arabic)
Qatar    Cott Beverages Inc./Royal Crown International Division    4738    19-Feb-1991    DIET RITE (English & Arabic Characters)
Qatar    Cott Beverages Inc./Royal Crown International Division    12048    29-Oct-2002    ROYAL CROWN COLA RC COLA & Design
Qatar    Cott Beverages Inc./Royal Crown International Division    12047    29-Oct-2002    ROYAL CROWN
Romania    Cott Beverages Inc./Royal Crown International Division    R21130    05-Jun-1991    ROYAL CROWN
Romania    Cott Beverages Inc./Royal Crown International Division    36233    02-Aug-1996    KICK
Romania    Cott Beverages Inc./Royal Crown International Division    R18359    21-Jul-1995    UPPER 10
Romania    Cott Beverages Inc./Royal Crown International Division    R22046    25-Feb-1996    RC


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Romania    Cott Beverages Inc./Royal Crown International Division    114520    20-Dec-2010    RED RAIN
Romani    Cott Beverages Limited    996972    11-Mar-2009    EMERGE
Russian Federation    Cott Beverages Inc./Royal Crown International Division    225247    18-Oct-2002    RC EDGE
Russian Federation    Cott Beverages Inc./Royal Crown International Division    108301    05-Oct-1992    ROYAL CROWN
Russian Federation    Cott Beverages Inc./Royal Crown International Division    288664    12-May-2005    RC & Design
Russian Federation    Cott Beverages Inc./Royal Crown International Division    285281    29-Mar-2005    RCQ (Stylized)
Russian Federation    Cott Beverages Inc./Royal Crown International Division    149515    15-Jan-1997    DIET RITE
Russian Federation    Cott Beverages Inc./Royal Crown International Division    157246    13-Oct-1997    KICK
Russian Federation    Cott Beverages Inc./Royal Crown International Division    136917    25-Jan-1996    ROYAL CROWN
Russian Federation    Cott Beverages Inc./Royal Crown International Division    174076    13-Apr-1999    ROYAL CROWN DRAFT
Saudi Arabia    Cott Beverages Inc.    71688    04-Mar-2004    COTT
Saudi Arabia    Cott Beverages Inc./Royal Crown International Division    16392    17-Nov-1986    DIET RITE
Saudi Arabia    Cott Beverages Inc./Royal Crown International Division    49771    02-Oct-1999    RC EDGE
Saudi Arabia    Cott Beverages Inc./Royal Crown International Division    6422    01-Dec-1976    ROYAL CROWN (English & Arabic Characters)
Saudi Arabia    Cott Beverages Inc./Royal Crown International Division    79575    23-Jul-2005    RC
Saudi Arabia    Cott Beverages Inc./Royal Crown International Division    10489    18-Feb-2009    UPPER 10
Saudi Arabia    Cott Beverages Inc./Royal Crown International Division    143941    25-May-2013    RC Logo (Arabic Characters in Color)


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Serbia    Cott Beverages Inc./Royal Crown International Division    21300    26-Jan-1976    RC
Serbia    Cott Beverages Inc./Royal Crown International Division    21677    15-Aug-1976    ROYAL CROWN
Serbia    Cott Beverages Inc./Royal Crown International Division    52881    19-Jul-2007    ROYAL CROWN
Serbia    Cott Beverages Inc./Royal Crown International Division    52882    19-Jul-2007    RED RAIN
Serbia    Cott Beverages Limited    941160    02-Oct-2007    ORIENT EMPORIUM TEA CO
Seychelles    Cott Beverages Inc./Royal Crown International Division    1214    10-Mar-1973    RC
Seychelles    Cott Beverages Inc./Royal Crown International Division    1215    10-Mar-1973    ROYAL CROWN
Singapore    Cott Beverages Inc./Royal Crown International Division    T7048364A    10-Feb-1970    ROYAL CROWN
Singapore    Cott Beverages Inc./Royal Crown International Division    T9509167D    26-Sep-1995    ROYAL CROWN DRAFT
Singapore    Cott Beverages Inc./Royal Crown International Division    T0515816B    30-Aug-2005    RC & Design
Slovakia    Cott Beverages Inc./Royal Crown International Division    164169    19-Sep-1979    RC
Slovakia    Cott Beverages Inc./Royal Crown International Division    189218    27-Jan-2000    ROYAL CROWN
Slovakia    Cott Beverages Limited    996972    11-Mar-2009    EMERGE
Slovakia    Cott Beverages Limited    226531    11-Dec-2009    LOGO


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Slovenia    Cott Beverages Inc./Royal Crown International Division    9471087    12-Feb-1996    ROYAL CROWN
Slovenia    Cott Beverages Inc./Royal Crown International Division    9570803    10-Jun-1998    DIET RITE
Slovenia    Cott Beverages Inc./Royal Crown International Division    200470653    24-Mar-2004    RC
South Africa    Cott Beverages Inc./Royal Crown International Division    196703337    30-May-1968    RC
South Africa    Cott Beverages Inc./Royal Crown International Division    9605824    01-Jul-1999    ROYAL CROWN DRAFT COLA Label
South Africa    Cott Beverages Inc./Royal Crown International Division    196202134    26-Jun-1962    ROYAL CROWN
South Korea    DS Waters of America, Inc.    40-0867189    2-Jun-11    NURSERY
Spain    Cott Beverages Inc./Royal Crown International Division    431779    30-June-1967    DIET-RITE
Spain    Cott Beverages Inc./Royal Crown International Division    622002    05-Apr-1973    RC
Spain    Cott Corporation    1951513    05-Oct-1995    COTT
Spain    Cott Beverages Limited    996972       EMERGE
Spain    Cott Beverages Inc./Royal Crown International Division    622003    03-Oct-1974    ROYAL CROWN
St. Lucia    Cott Beverages Inc./Royal Crown International Division    1051970    25-Aug-1970    ROYAL CROWN
St. Lucia    Cott Beverages Inc./Royal Crown International Division    1041970    25-Aug-1970    RC (Stylized)
St. Lucia    Cott Beverages Inc./Royal Crown International Division    TM2013000137    24-May-2013    RC
St. Maarten    Cott Beverages Inc./Royal Crown International Division    4175    20-Jan-1984    RC
Suriname    Cott Beverages Inc./Royal Crown International Division    21595    03-Oct-2008    RED RAIN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Suriname    Cott Beverages Inc./Royal Crown International Division    21923    26-May-2009    RC ZERO
Suriname    Cott Beverages Inc./Royal Crown International Division    7390    08-Oct-1971    RC
Suriname    Cott Beverages Inc./Royal Crown International Division    7389    08-Oct-1971    ROYAL CROWN
Swaziland    Cott Beverages Inc./Royal Crown International Division    2471971SA    16-Aug-1971    RC
Swaziland    Cott Beverages Inc./Royal Crown International Division    3952012    13-Sep-2012    ROYAL CROWN
Sweden    Cott Beverages Inc./Royal Crown International Division    128904    24-Oct-1969    DIET-RITE
Sweden    Cott Beverages Inc./Royal Crown International Division    323317    09-May-1997    UPPER 10
Sweden    Cott Beverages Inc./Royal Crown International Division    322345    21-Mar-1997    ROYAL CROWN
Sweden    Cott Beverages Inc./Royal Crown International Division    125386    15-Nov-1968    DIET-RITE
Switzerland    Cott Beverages Inc./Royal Crown International Division    395685    05-Jun-1972    ROYAL CROWN COLA RC (Stylized)
Switzerland    Cott Beverages Inc./Royal Crown International Division    628460    19-Apr-2012    RC
Switzerland    Cott Beverages Inc./Royal Crown International Division    628466    19-Apr-2012    ROYAL CROWN
Syria    Cott Beverages Inc./Royal Crown International Division    19781    03-Oct-1974    ROYAL CROWN (Arabic Characters)
Syria    Cott Beverages Inc./Royal Crown International Division    10179    03-Oct-2009    RC (Arabic Characters)
Syria    Cott Beverages Inc./Royal Crown International Division    127061    21-Dec-2013    RCQ (Latin & Arabic Characters)
Syria    Cott Beverages Inc./Royal Crown International Division    127060    18-Dec-2013    RC ZERO (Latin & Arabic Characters)


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Syria    Cott Beverages Inc./Royal Crown International Division    13605    03-Aug-1967    RC
Syria    Cott Beverages Inc./Royal Crown International Division    24911    23-Dec-1975    UPPER 10
Syria    Cott Beverages Inc./Royal Crown International Division    13606    03-Aug-1967    ROYAL CROWN
Taiwan    Cliffstar LLC    1375619    01-Sep-2009    SHANSTAR & Design
Taiwan    Cott Beverages Inc./Royal Crown International Division    790102    16-Dec-1997    ROYAL CROWN
Taiwan    Cott Beverages Inc./Royal Crown International Division    782264    16-Oct-1997    RC
Taiwan    Cott Beverages Inc./Royal Crown International Division    738695    01-Dec-1996    ROYAL CROWN DRAFT
Taiwan    Cott Beverages Inc./Royal Crown International Division    818609    16-Sep-1998    DIET RITE
Taiwan    Cott Beverages Inc./Royal Crown International Division    1144574    16-Mar-2005    RC EDGE
Taiwan    DS Waters of America, Inc.    1442340    1-Dec-10    NURSERY
Tajikistan    Cott Beverages Inc./Royal Crown International Division    TJ6624    18-Mar-2005    ROYAL CROWN COLA & RC Design
Tajikistan    Cott Beverages Inc./Royal Crown International Division    TJ2538    13-Jul-1994    UPPER 10 (Stylized)
Tajikistan    Cott Beverages Inc./Royal Crown International Division    1733    03-Jan-1995    RC (Stylized)
Tajikistan    Cott Beverages Inc./Royal Crown International Division    3823    12-May-1999    KICK
Tajikistan    Cott Beverages Inc./Royal Crown International Division    1747    23-Jan-1995    ROYAL CROWN COLA RC (Stylized)
Tajikistan    Cott Beverages Inc./Royal Crown International Division    TJ2555    13-Jul-1994    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Thailand    Cott Beverages Inc./Royal Crown International Division    KOR79581    28-Jun-1972    ROYAL CROWN
Thailand    Cott Beverages Inc./Royal Crown International Division    KOR79285    02-Nov-1979    RC COLA & Design (Thai Characters)
Thailand    Cott Beverages Inc./Royal Crown International Division    KOR80619    14-Jul-1972    RC
Thailand    Cott Beverages Inc./Royal Crown International Division    KOR229506    08-Nov-2005    RCQ (Stylized)
Trinidad and Tobago    Cott Beverages Inc./Royal Crown International Division    1362    28-Nov-1963    ROYAL CROWN COLA
Trinidad and Tobago    Cott Beverages Inc./Royal Crown International Division    6018    01-Oct-1974    ROYAL CROWN
Tunisia    Cott Beverages Inc./Royal Crown International Division    EE060192    2/3/2006    UPPER 10 (Stylized)
Tunisia    Cott Beverages Inc./Royal Crown International Division    EE85314    17-Dec-1970    RC (Latin & Arabic Characters)
Tunisia    Cott Beverages Inc./Royal Crown International Division    EE910016    13-Jan-1976    DIET RITE (Stylized)
Tunisia    Cott Beverages Inc./Royal Crown International Division    EE85313    17-Dec-1970    ROYAL CROWN (Latin & Arabic Characters)
Turkey    Cott Beverages Inc./Royal Crown International Division    176002    24-Jun-1996    RC
Turkey    Cott Beverages Inc./Royal Crown International Division    94630    19-Nov-1973    ROYAL CROWN
Turkey    Cott Beverages Inc./Royal Crown International Division    200635555    21-Jul-2006    RC & Design
Turkmenistan    Cott Beverages Inc./Royal Crown International Division    9201    12-Apr-2007    RCQ (Stylized)
Turkmenistan    Cott Beverages Inc./Royal Crown International Division    9202    12-Apr-2007    ROYAL CROWN COLA & RC Design
Turks and Caicos    DS Waters of America, Inc.    15476    24-June-2008    NURSERY


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Ukraine    Cott Beverages Inc.    120638    25-Mar-2010    ORIENT EMPORIUM TEA CO.
Ukraine    Cott Beverages Inc./Royal Crown International Division    10867    30-Oct-1998    ROYAL CROWN
Ukraine    Cott Beverages Inc./Royal Crown International Division    16622    16-Oct-2000    KICK
Ukraine    Cott Beverages Inc./Royal Crown International Division    67288    15-Sep-2006    ROYAL CROWN COLA & RC Design
United Arab Emirates    Cott Beverages Inc./Royal Crown International Division    59591    16-Apr-2006    RC
United Arab Emirates    Cott Beverages Inc./Royal Crown International Division    164430    15-Feb-2012    RC ZERO
United Arab Emirates    Cott Beverages Inc./Royal Crown International Division    44580    06-Jan-2004    COTT
United Arab Emirates    Cott Beverages Inc./Royal Crown International Division    23530    18-Oct-2000    RC EDGE
United Arab Emirates    Cott Beverages Inc./Royal Crown International Division    161778    02-Jan-2012    RC (Arabic Characters)
United Arab Emirates    Cott Beverages Inc./Royal Crown International Division    40448    21-May-2003    ROYAL CROWN
Uruguay    Cott Beverages Inc./Royal Crown International Division    391789    13-May-2008    ORIENT EMPORIUM TEA CO.
Uruguay    Cott Beverages Inc./Royal Crown International Division    391788    13-May-2008    EMERGE
Uruguay    Cott Beverages Inc./Royal Crown International Division    391790    13-May-2008    RED RAIN
Uruguay    Cott Beverages Inc./Royal Crown International Division    391866    05-Jun-1998    RC
Uruguay    Cott Beverages Inc./Royal Crown International Division    391865    31-May-1976    ROYAL CROWN
Uruguay    Cott Beverages Inc./Royal Crown International Division    383114    7/23/2007    ROYAL CROWN COLA & RC Design


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

Uruguay    DS Waters of America, Inc.    381925    28-Apr-08    NURSERY
Uzbekistan    Cott Beverages Inc./Royal Crown International Division    5471    18-Nov-1996    ROYAL CROWN
Uzbekistan    Cott Beverages Inc./Royal Crown International Division    5473    16-Nov-1996    UPPER 10 (Stylized)
Uzbekistan    Cott Beverages Inc./Royal Crown International Division    7183    19-Mar-1998    KICK
Uzbekistan    Cott Beverages Inc./Royal Crown International Division    13425    27-Apr-2005    RC & Design
Venezuela    Cott Beverages Inc.    P189755    29-May-1996    STARS & STRIPES
Venezuela    Cott Beverages Inc./Royal Crown International Division    P292190    02-Mar-2009    RC & Design
Venezuela    Cott Beverages Inc./Royal Crown International Division    F118455    22-Apr-1986    RC
Venezuela    Cott Beverages Inc./Royal Crown International Division    157687F    02-May-1994    ROYAL CROWN
Venezuela    Cott Beverages Inc./Royal Crown International Division    139275    09-Oct-1990    ROYAL CROWN
Venezuela    DS Waters of America, Inc.    P284667    21-Apr-08    NURSERY
Vietnam    Cott Beverages Inc./Royal Crown International Division    2344    03-Mar-1991    ROYAL CROWN
Vietnam    Cott Beverages Inc./Royal Crown International Division    1975    11-Dec-1990    UPPER 10
Vietnam    Cott Beverages Inc./Royal Crown International Division    142224    08-Feb-2010    RC & Design
West Bank    Cott Beverages Inc./Royal Crown International Division    3949    29-Mar-2000    RC
West Bank    Cott Beverages Inc./Royal Crown International Division    3950    29-Mar-2000    ROYAL CROWN
West Bank    Cott Beverages Inc./Royal Crown International Division    6582    13-May-2002    ROYAL CROWN COLA & RC Design (in English) (Label in color)


* * * CONFIDENTIAL * * *

 

Country

  

Owner

   Registration
Number
  

Date

  

Trademark

West Bank    Cott Beverages Inc./Royal Crown International Division    6580    13-May-2002    ROYAL CROWN COLA & RC Design (in Arabic) (Label in color)
Yemen, Republic of    Cott Beverages Inc./Royal Crown International Division    28411    17-Oct-2006    RC (Block Letters)
Yemen, Republic of    Cott Beverages Inc./Royal Crown International Division    6097    07-Jan-1997    ROYAL CROWN
Yemen, Republic of    Cott Beverages Inc./Royal Crown International Division    6403    19-Mar-1997    ROYAL CROWN COLA RC COLA & Design
Zambia    Cott Beverages Inc./Royal Crown International Division    55394    19-Dec-1994    DIET-RITE
Zambia    Cott Beverages Inc./Royal Crown International Division    55494    19-Dec-1994    ROYAL CROWN RC (Stylized)
Zambia    Cott Beverages Inc./Royal Crown International Division    55594    19-Dec-1994    ROYAL CROWN
Zimbabwe    Cott Beverages Inc./Royal Crown International Division    62071    05-Aug-1971    ROYAL CROWN
Zimbabwe    Cott Beverages Inc./Royal Crown International Division    44499    08-Apr-1999    RC EDGE
Zimbabwe    Cott Beverages Inc./Royal Crown International Division    7202006    30-Apr-2007    ROYAL CROWN COLA & RC Design
WIPO    Cott Beverages Limited    996972    11-Mar-2009    EMERGE
WIPO    Cott Beverages Limited    941160    02-OCT-2007    ORIENT EMPORIUM TEA CO


* * * CONFIDENTIAL * * *

 

International

Trademark Applications

 

Country Name

  

Owner

   Application
Number
  

Date

  

Trademark

Albania    Cott Beverages Inc./Royal Crown International Division    ALT2014116    10-Mar-2014    UPPER 10
Argentina    Cott Beverages Inc./Royal Crown International Division    3208309    19-Nov-2012    RC
Bahamas    DS Waters of America, Inc.    30640    14-Jun-07    NURSERY
Bangladesh    Cott Beverages Inc./Royal Crown International Division    173100    09-Mar-2014    RC
Bangladesh    Cott Beverages Inc./Royal Crown International Division    173101    09-Mar-2014    UPPER 10
Bangladesh    Cott Beverages Inc./Royal Crown International Division    174472    22-Apr-2014    ROYAL CROWN
Bangladesh    Cott Beverages Inc./Royal Crown International Division    45413    05-Dec-1995    RC
Bangladesh    Cott Beverages Inc./Royal Crown International Division    45412    05-Dec-1995    UPPER 10
Bangladesh    Cott Beverages Inc./Royal Crown International Division    142326    27-Apr-2011    RC ZERO
Bangladesh    Cott Beverages Inc./Royal Crown International Division    178844    21-Sep-2014    RC ZERO (Stylized)
Barbados    Cott Beverages Inc./Royal Crown International Division    8122795    01-Mar-2007    RC & Design
Bermuda    Cott Beverages Inc./Royal Crown International Division    53665    03-June-2014    ROYAL CROWN COLA RC (Stylized)
Bermuda    Cott Beverages Inc./Royal Crown International Division    53666    03-June-2014    RC (Stylized)
Bermuda    Cott Beverages Inc./Royal Crown International Division    53667    03-June-2014    ROYAL CROWN
Brazil    Cott Beverages Inc./Royal Crown International Division    831266813    22-Nov-2011    ROYAL CROWN BAM


* * * CONFIDENTIAL * * *

 

Country Name

  

Owner

   Application
Number
  

Date

  

Trademark

China    DS Waters of America, Inc.    6513836    16-Jan-08    WATER.COM
China    DS Waters of America, Inc.    6513628    16-Jan-08    WATER.COM
Colombia    Cott Beverages Inc./Royal Crown International Division    14249717    12-Nov-2014    STARS & STRIPES
Cuba    Cott Beverages Inc./Royal Crown International Division    20130775    27-Nov-2013    RC
Cuba    Cott Beverages Inc./Royal Crown International Division    20130774    27-Nov-2013    ROYAL CROWN
Cuba    Cott Beverages Inc./Royal Crown International Division    20130776    27-Nov-2013    RCQ
Dominican Republic    Cott Beverages Inc.    20145311    24-Feb-2014    MULBERRY FARMS Logo
Dominican Republic    Cott Beverages Inc.    20145310    24-Feb-2014    MULBERRY FARMS
Ecuador    Cott Beverages Inc./Royal Crown International Division    201224512    04-Jul-2012    COTT
Egypt    Cott Beverages Inc./Royal Crown International Division    299949    19-Mar-2014    ROYAL CROWN (Arabic Characters)
Egypt    Cott Beverages Inc./Royal Crown International Division    252885    01-Nov-2012    RC Arabic Logo in Color
Egypt    Cott Beverages Inc./Royal Crown International Division    215805    29-Apr-2008    ROYAL CROWN COLA & RC Design
Egypt    Cott Beverages Inc./Royal Crown International Division    266653    30-Oct-2011    RC COLA & Design (Color)
Ethiopia    Cott Beverages Inc./Royal Crown International Division    FTM/
4887/2014
   24-Sep-2014    ROYAL CROWN
Ethiopia    Cott Beverages Inc./Royal Crown International Division    FTM/
4882/2014
   24-Sep-2014    RC
India    Cott Beverages Inc./Royal Crown International Division    1802620    02-Apr-2009    RC ZERO
Iraq    Cott Beverages Inc./Royal Crown International Division    60555    21-Dec-2011    ROYAL CROWN


* * * CONFIDENTIAL * * *

 

Country Name

  

Owner

   Application
Number
  

Date

  

Trademark

Iraq    Cott Beverages Inc./Royal Crown International Division    60554    21-Dec-2011    RCQ
Iraq    Cott Beverages Inc./Royal Crown International Division    60556    21-Dec-2011    RC
Iraq    Cott Beverages Inc./Royal Crown International Division    63046    23-Oct-2012    COTT RAIN
Kenya    Cott Beverages Inc./Royal Crown International Division    81625    31-Jan-2014    ROYAL CROWN
Kenya    Cott Beverages Inc./Royal Crown International Division    81624    31-Jan-2014    RC
Korea, Republic of    Cliffstar LLC    4020140066513    06-Oct-2014    GOLDEN CROWN
Korea, Republic of    Cott Beverages Inc./Royal Crown International Division    528732012    22-Aug-2012    VESS
Kosovo    Cott Beverages Inc./Royal Crown International Division    KSM2013234    11-Mar-2013    RED RAIN Lion Design
Kosovo    Cott Beverages Inc./Royal Crown International Division    KSM201422    17-Jan-2014    RC NEO
Kuwait    Cott Beverages Inc./Royal Crown International Division    115659    01-Nov-2010    RC COLA (Stylized) in Arabic Characters
Lebanon    Cott Beverages Inc./Royal Crown International Division    160228    16-Sep-2014    UPPER 10
Lebanon    Cott Beverages Inc./Royal Crown International Division    133655    31-Mar-2011    RC Logo (Arabic Characters in Black & White)
Malaysia    Cott Beverages Inc./Royal Crown International Division    2013001523    25-Jan-2013    ROYAL CROWN
Malaysia    Cott Beverages Inc./Royal Crown International Division    6000013    1/3/2006    ROYAL CROWN COLA & RC Design
Mexico    DS Waters of America, Inc.    1036846    28-Sep-09    LOGO
Mexico    DS Waters of America, Inc.    1165198    22-Mar-11    SPARKLETTS


* * * CONFIDENTIAL * * *

 

Country Name

  

Owner

   Application
Number
  

Date

  

Trademark

Nigeria    Cott Beverages Inc./Royal Crown International Division    FTM201111962    12-Jul-2011    RC
Nigeria    Cott Beverages Inc./Royal Crown International Division    FTM201111963    12-Jul-2011    ROYAL CROWN
Panama    Cliffstar LLC    22305001    22-May-2013    GOLDEN CROWN
Panama    Cott Beverages Inc./Royal Crown International Division    22163201    03-Jun-2013    ROYAL CROWN
Serbia    Cott Beverages Inc./Royal Crown International Division    Z20141163    07-Aug-2014    RC COLA (Color label)
Serbia    Cott Beverages Inc./Royal Crown International Division    Z79606    3/31/2006    RED RAIN
Syria    Cott Beverages Inc./Royal Crown International Division    5923    18-Sep-2012    DIET RC
Syria    Cott Beverages Inc./Royal Crown International Division    5839    11-Sep-2012    ROYAL CROWN
Syria    Cott Beverages Inc./Royal Crown International Division    5838    11-Sep-2012    ROYAL CROWN (Arabic characters)
Syria    Cott Beverages Inc./Royal Crown International Division    667    13-Jan-2011    RC
Syria    Cott Beverages Inc./Royal Crown International Division    668    13-Jan-2011    RC Logo (Arabic characters in color)
Tajikistan    Cott Beverages Inc.    14013064    02-Jun-2014    MULBERRY FARMS Logo
Tajikistan    Cott Beverages Inc.    14013065    02-Jun-2014    MULBERRY FARMS
Tajikistan    Cott Beverages Inc.    14013066    02-Jun-2014    MULBERRY FARMS ICE
Tajikistan    Cott Beverages Inc./Royal Crown International Division    14012954    20-Feb-2014    UPPER 10
Uzbekistan    Cott Beverages Inc./Royal Crown International Division    MGU20140311    20-Feb-2014    UPPER 10
Venezuela    Cliffstar LLC    2012003275    24-Feb-2012    GOLDEN CROWN


* * * CONFIDENTIAL * * *

 

Copyrights

Canada

 

Recordation Title

  

Recordation
Number

  

Date

  

Unregistered Copyrights Referenced

Release of security interest in copyrights (reg. no. 1057660) of JP Morgan Chase Bank, N.A. in favor of Cott Corporation Corporation Cott    1080098    9/17/10    HAPPY-UP, HAPPY POP, GIGGLE, HAPPY NATURAL, C’MON GET HAPPY, HIGHLAND SPRING, HAPPY POP & DESIGN, NICE-N-LIFE
Assignment from Brio Beverages Inc. to Cott Beverages West Ltd.    46786    5/15/97    HAPPY NATURAL, HIGHLAND SPRING, NICE-N-LITE, HAPPY-UP, C’MON GET HAPPY, HAPPY POP & DESIGN, GIGGLE, HAPPY POP
Certificate of amalgamation (reg. #46786) granting interest from Cott Beverages West Ltd. to Cott Corporation Corporation Cott    1057443    4/8/08    HAPPY NATURAL, HIGHLAND SPRING , NICE-N-LITE, HAPPY-UP, C’MON GET HAPPY, HAPPY POP & DESIGN, GIGGLE, HAPPY POP

United States

 

Owner

  

Registration

Number

  

Date

  

Copyright

DS Services of America, Inc. (claimant in Copyright Office records is Suntory Water Group, Inc.)    TX0003653712**    9/27/93    The book of water
DS Services of America, Inc. (claimant in Copyright Office records is Suntory Water Group, Inc.)    TX0003647986**    9/27/93    The 10-k thirst quencher really, really good stuff stuffing contest: Official Rules
DS Services of America, Inc.(claimant in Copyright Office records is Cloister Spring Water Company)    VA0000843419**    3/13/97    Mountain scene
DS Services of America, Inc. (claimant in Copyright Office records is DS Waters of America, Inc.)    VA0001385440**    9/25/93    Water delivery man

 

** These four registrations have unreleased security interests in favor of JP Morgan Chase Bank and DS Services of America, Inc. will use commercially reasonable efforts to obtain releases for each prior to Closing.


* * * CONFIDENTIAL * * *

 

Licenses [***] [Certain License information redacted]

Canada

 

Licensor

  

Licensee

  

Registration / Application
Number

 

Date

  

Description

S.M. Jaleel & Company Limited    Cott Beverages Canada    492,131   31-JAN-1999    CHUBBY Character and Design
S.M. Jaleel & Company Limited    Cott Beverages Canada    891,288   31-JAN-1999    CHUBBY
S.M. Jaleel & Company Limited    Cott Beverages Canada    844,168   31 JAN 1999    Chubby Bottle Distinguishing Guise
Star Child Design Inc.    Cott Corporation    TMA484207/0794806(CIPO)   1 AUG 2007    SIMPLY KIDS
Star Child Design Inc.    Cott Corporation    TMA568790/1058837(CIPO)   10 OCT 2002    Star Child Design
Star Child Design Inc.    Cott Corporation    TMA568791/1058703(CIPO)   10 OCT 2002    Simply Kids and Design
Star Child Design Inc.    Cott Corporation    TAM648138/1238948(CIPO)   15 SEPT 2005    100% Petit
Copyright Clearance Center    Cott Beverages Inc.    None Indicated   12 NOV 2013    Renewal of the Annual copyright license agreement with CCC
Skinny Nutritional Corp.    Cott Beverages Inc.    2,557,075   31 JAN 2012   
Pop Shoppe    Cott Corporation    None Indicated   26 FEB 2012    License of the Pop Shoppe brand
Orthodox Union    Cott Corporation    None Indicated   19 JULY 2012    Kosher Certification License


* * * CONFIDENTIAL * * *

 

United Kingdom

 

Licensor

  

Licensee

   Registration/
Application
Number
  

Date

  

Description

[***]    Cott Beverages Limited       [***]    [***]
Caribbean Flavors, Ltd.    Cott Beverages Limited       6/29/06   

License of the following marks in conjunction with a Manufacturing and Distribution agreement:

D&G

TING

KOLA CHAMPAGNE

KOOL KAT

OLD JAMAICAN

DESNOES & GEDDES

Cott Beverages Limited   

1) Choice Brands Europe Limited

2) Retail Brands (Holdings) BV

3) Cott UK Limited

   1585494    12-SEP-1994    COTT (Classes 30 and 32)
Cott Beverages Limited    Cott Beverages Limited    2102231    7-OCT-1999    BEN SHAWS (Class 32)

 

1. Strategic Alliance Agreement dated as of November 12, 2013 by and between DS Waters of America, Inc. and Primo Water Corporation.
2. Oracle License and Services Agreement dated November 30, 2004, by and between DS Waters of America, Inc. and Oracle Corporation, as amended by Amendment One dated November 30, 2004, by and between the parties; Service Contract Details, dated September 1, 2012; Ordering Document, dated September 30, 2012; Service Contract Details, dated October 31, 2012.
3. Master Services Agreement dated January 9, 2013, by and between DS Waters of America, Inc. and Rimini Street, Inc., Statement of Work No. 1 Oracle Technology Support Services, dated January 9, 2013 and Statement of Work No. 2 Oracle Technology Support Services, dated January 9, 2013.
4. Microsoft Volume Licensing Agreement dated April 1, 2014, by and between DS Services of America, Inc. and Microsoft Licensing, GP.


* * * CONFIDENTIAL * * *

 

5. DS Waters of America, Inc. licenses certain Owned Intellectual Property to third parties to produce products on behalf of DS Waters of America, Inc. including the Contracts with Advanced Refreshment LLC and Niagara Bottling, LLC, set forth on Section 4.11(a)(ii).
6. Private Label Supply Agreement dated October 30, 2014, by and between Unified Grocers, Inc. and DS Services of America, Inc.
7. Supplier Business Relationship Agreement dated November 17, 2005, by and between Sonic Industries, Inc. and The Standard Companies, Inc.
8. Supply Agreement dated October 1, 2013, between DS Services of America, Inc. and Winn-Dixie Stores, Inc.
9. Master Agreement dated January 1, 2007, by and between DS Waters of America, Inc. (as assignee of The Standard Companies, Inc.) and G6 Hospitality LLC (as successor to Accor North America, Inc.).
10. Packaging and Distribution Agreement dated March 24, 2012, by and between Reily Foods Company and DS Waters of America, Inc.
11. Distribution Agreement between Mars Drinks North America, LLC and DS Waters of America, Inc., dated May 2014.
12. Amended and Restated Provider Agreement dated September 13, 2011, by and between DS Waters of America, Inc. and Costco Wholesale Corporation.
13. Supply Agreement with Target Stores, Inc.
14. Supply Agreement dated August 4, 2011, between Sodexo Operations, LLC and DS Waters of America, Inc.
15. Supply Agreement dated October 1, 2013, between DS Services of America, Inc. and Winn-Dixie Stores, Inc.
16. Non-Stocked Product Vendor Program Agreement dated May 23, 2013, between DS Waters of America, Inc. and Staples the Office Superstore, LLC and its Affiliates.
17. Notwithstanding its expiration, DS Waters of America, Inc. continues to purchase certain products from Solo Cup Operating Corporation and its parent company Dart Container Corporation pursuant to the terms and conditions of that certain Supply Agreement for Cups dated July 1, 2008, by and between DS Waters of America, Inc. and Solo Cup Operating Corporation.
18. Product Supply Agreement dated August 9, 2013, between Cascade Coffee, Inc. and DS Waters of America, Inc.


* * * CONFIDENTIAL * * *

 

19. Amended and Restated Provider Agreement dated September 13, 2011, by and between DS Waters of America, Inc. and Costco Wholesale Corporation.
20. Private Label Purchase Agreement dated January 1, 2007, by and between DS Waters of America, Inc. and Polar Corp. d/b/a Polar Beverages.
21. Product Sales Agreement dated September 30, 2005, by and between DS Waters of America, LP and International Paper Company.
22. Distributorship Agreement dated January 23, 2014, by and between Mountain Valley Spring Company, LLC and DS Waters of America, Inc.


* * * CONFIDENTIAL * * *

 

Industrial Designs

Canada

 

Owner

  

Registration
Number

  

Date

  

Description

Cott Beverages Inc.    126935    20-Mar-2009    Bottle
Cott Beverages Inc.    129656    20-Mar-2009    Bottle

United Kingdom

 

Owner

  

Registration
Number

  

Date

  

Description

Cott Beverages Limited    3011241    28-FEB-2003    Design of Bottle
Cott Beverages Limited    3011014    20-FEB-2003    Design of Bottle
Cott Beverages Limited    3011013    20-FEB-2003    Design of Bottle


* * * CONFIDENTIAL * * *

 

Internet Domain Names

 

Owner

  

Registrar

  

Expiration Date

  

Domain Name

Cott Corporation    Network Solutions    June 13, 2015    Bombshellenergy.com
Cott Corporation    Network Solutions    June 13, 2015    Drinkstarsandstripes.com
Cott Corporation    Network Solutions    June 29, 2015    superfruitsbrand.com
Cott Corporation    Network Solutions    July 3, 2015    Rccolainternational.com
Cott Corporation    Network Solutions    July 31, 2015    cott-beverages.com
Cott Corporation    Network Solutions    August 8, 2015    barealldrinks.com
Cott Corporation    Network Solutions    September 7, 2015    Orientemporium.com
Cott Corporation    Network Solutions    September 7, 2015    Orientemporiumteaco.com
Cott Corporation    Network Solutions    September 8, 2015    Cott.com
Cott Corporation    Network Solutions    October 11, 2015    Cottvending.com
Cott Corporation    Network Solutions    October 28, 2015    Drinksas.com
Cott Corporation    Network Solutions    October 28, 2015    Billionbubbles.com
Cott Corporation    Network Solutions    October 28, 2015    Drinkvess.com
Cott Corporation    Network Solutions    October 28, 2015    Vesswhistle.com
Cott Corporation    Network Solutions    October 28, 2015    Whistleorange.com
Cott Corporation    Network Solutions    October 29, 2015    Drinkvintage.com
Cott Corporation    Network Solutions    October 29, 2015    Fruitrefreshers.com
Cott Corporation    Network Solutions    October 29, 2015    Seltzer.biz
Cott Corporation    Network Solutions    October 28, 2015    Vess.us
Cott Corporation    Network Solutions    October 29, 2015    Vesssoda.com
Cott Corporation    Network Solutions    January 7, 2016    Cottsoda.com
Cott Corporation    Network Solutions    January 12, 2016    Aftershockenergy.com
Cott Corporation    Network Solutions    May 10, 2015    Drinkclearchoice.com
Cott Corporation    Network Solutions    December 27, 2015    Cottnet.com
Cott Corporation    Network Solutions    February 2, 2016    Redrainenergy.com
Cott Corporation    Network Solutions    November 26, 2015    drinkemerge.com
North East Retailer Brands LLC    Network Solutions    November 6, 2017    neretailerbrands.com
Cott Corporation    Internic.ca Inc.    December 1, 2014    Cott.ca
Cott Corporation    Internic.ca Inc.    October 11, 2015    Cottvending.ca
Cott Corporation    Internic.ca Inc.    February 2, 2015    Redrainenergy.ca
Patrick Parker    Webfusion Ltd    May 11, 2015    bare-all.co.uk
Cott Beverages Ltd.    Webfusion Ltd    June 24, 2015    cott.co.uk
Cott Beverages Ltd.    Webfusion Ltd    February 3, 2015    emergesport.com
Cott Beverages Ltd.    Webfusion Ltd.    May 20, 2016    favouritefamilychippy.co.uk


* * * CONFIDENTIAL * * *

 

Macaw Soft Drinks Ltd. Webfusion Ltd November 4, 2015 h2drinks.co.uk
Cott Corporation (JoAnn Holmes) Webfusion Ltd November 4, 2015 h2drinks.com
Macaw Soft Drinks Ltd. Webfusion Ltd November 4, 2015 h2kids.co.uk
Macaw Soft Drinks Ltd. Webfusion Ltd November 4, 2015 h2sport.co.uk
Macaw Soft Drinks Ltd. Webfusion Ltd November 4, 2015 h2spring.co.uk
Macaw Soft Drinks Ltd. Webfusion Ltd November 4, 2015 h2water.co.uk
Cott Beverages Ltd. Webfusion Ltd November 20, 2015 redroosterdrinks.co.uk
Cott Beverages Ltd. Webfusion Ltd November 20, 2015 redroosterdrinks.com
Cott Beverages Ltd. Fasthosts Internet Ltd July 22, 2015 505ifty.co.uk
Cott Beverages Ltd. Tucows, Inc. July 22, 2015 505ifty.com
Cott Beverages Ltd. Fasthosts Internet Ltd April 8, 2015 benshawsdrinks.co.uk
Cott Beverages Ltd Tucows, Inc. April 8, 2015 benshawsdrinks.com
Cott Beverages Ltd Fasthosts Internet Ltd April 8, 2015 drinksofyesteryear.co.uk
Mark Edge (Cott Beverages Ltd) Fasthosts Internet Ltd July 30, 2015 emergeenergy.co.uk
Cott Beverages Ltd Fasthosts Internet Ltd June 30, 2015 emergeenergyshot.co.uk
Private registration Tucows, Inc. June 30, 2015 emergeenergyshot.com
Cott Beverages Ltd Fasthosts Internet Ltd June 30, 2015 emergeshot.co.uk
Private registration Tucows, Inc. June 30, 2015 emergeshot.com
Cott Beverages Ltd Webfusion Ltd April 8, 2015 emergestimulation.co.uk
Private registration Tucows, Inc. April 8, 2015 emergestimulation.com
Cott Beverages Ltd Fasthosts Internet Ltd June 18, 2015 redroosterenergyshot.co.uk
Private registration Tucows, Inc. June 18, 2015 redroosterenergyshot.com
Cott Beverages Ltd Fasthosts Internet Ltd September 8, 2015 redroostersport.co.uk
Cott Beverages Ltd Tucows, Inc. September 8, 2015 redroostersport.com
Cott Beverages Ltd Fasthosts Internet Ltd September 8, 2015 redroosterstimulation.co.uk
Cott Beverages Ltd Tucows, Inc. September 8, 2016 redroosterstimulation.com
Cott Beverages Ltd Fasthosts Internet Ltd June 18, 2015 roostershot.co.uk
Private registration Tucows, Inc. June 18, 2015 roostershot.com
Cott Beverages Ltd Fasthosts Internet Ltd June 18, 2015 theenergyshot.co.uk
Private registration Tucows, Inc. June 18, 2015 theenergyshot.com
Cott Beverages Ltd Fasthosts Internet Ltd July 22, 2015 thejuiciercompany.co.uk
Cott Beverages Ltd Tucows, Inc. July 22, 2015 thejuiciercompany.com


* * * CONFIDENTIAL * * *

 

Cott Beverages Ltd Fasthosts Internet Ltd June 18, 2015 wakeupwithrooster.co.uk
Private registration Tucows, Inc. June 18, 2015 wakeupwithrooster.com
Cliffstar Network Solutions January 18, 2016 Cliffstar.com
Private registration Network Solutions November 24, 2015 Chadwickbaybeverages.com
Private registration Network Solutions February 25, 2016 Cwaymail.com
Cliffstar Network Solutions January 13, 2016 Harborsidebev.com
Cliffstar Network Solutions January 13, 2016 Harborsideproducts.com
Cliffstar Network Solutions March 2, 2016 Juicedoit.com
Cliffstar Network Solutions January 13, 2016 Mychadwickbay.com
Cliffstar Network Solutions February 11, 2016 Shanstar.com
Cliffstar Network Solutions November 7, 2015 Starworldtrading.biz
Cliffstar Network Solutions November 8, 2015 Starworldtrading.com
Cliffstar Network Solutions February 12, 2016 Theseawitch.com
Cliffstar Network Solutions January 13, 2016 Yourchadwickbay.com
Cott Beverages Ltd. Webfusion Ltd. March 26, 2015 Emergedrinks.com
JoAnn Holmes Webfusion Ltd March 26, 2015 Emergedrinks.co.uk
Calypso Soft Drinks Ltd. Easily Limited April 4, 2016 Diferyn.co.uk
Cliffstar Network Solutions May 3, 2015 Chadwickbay.com
Calypso Soft Drinks Ltd Easily Limited May 30, 2016 Calypsocups.co.uk
Calypso Soft Drinks Ltd Easily Limited May 30, 2016 Calypsoice.co.uk
Calypso Soft Drinks Ltd. Easily Limited May 30 2016 Ice-cubes.co.uk
Calypso Soft Drinks Ltd. Easily Limited June 9, 2016 Calypsoshop.co.uk
Calypso Soft Drinks Ltd. Easily Limited June 9, 2016 Freeze-pops.co.uk
Calypso Soft Drinks Ascio Technologies, Inc. June 21, 2016 Sparkling-rapidz.com
Calypso Soft Drinks Easily Limited June 21, 2016 Calypso-rapidz.co.uk
Calypso Soft Drinks Easily Limited June 21, 2016 Sparkling-rapidz.co.uk
Calypso Soft Drinks Ascio Technologies, Inc. August 16, 2015 Calypsosoftdrinks.com
Cott Beverages Ltd. Webfusion Ltd August 22, 2015 Macb.co.uk
Calypso Soft Drinks Ltd Easily Limited August 22, 2015 Umbroisotonic.co.uk
Calypso Soft Drinks Ascio Technologies, Inc. August 23, 2015 Aquajuicejuicywater.com
Calypso Soft Drinks Ascio Technologies, Inc. August 23, 2015 Calypsoaquajuice.com
Calypso Soft Drinks Ascio Technologies, Inc. August 23, 2015 Jubbly-ice.com
Calypso Soft Drinks Ascio Technologies, Inc. August 23, 2016 Jubbly-icelollies.com


* * * CONFIDENTIAL * * *

 

Calypso Soft Drinks Ascio Technologies, Inc. August 23, 2016 Jubblyice.com
Calypso Soft Drinks Ascio Technologies, Inc. August 23, 2016 Jubblyicelollies.com
Calypso Soft Drinks Ascio Technologies, Inc. August 23, 2015 Sparklingrapidz.com
Calypso Soft Drinks Easily Limited August 23, 2015 Aquajuicejuicywater.co.uk
Calypso Soft Drinks Easily Limited August 23, 2015 Calypsoaquajuice.co.uk
Calypso Soft Drinks Easily Limited August 23, 2015 Jubbly-ice.co.uk
Calypso Soft Drinks Easily Limited August 23, 2015 Jubbly-icelollies.co.uk
Calypso Soft Drinks Easily Limited August 23, 2015 Jubblyice.co.uk
Calypso Soft Drinks Easily Limited August 23, 2015 Jubblyicelollies.co.uk
Calypso Soft Drinks Easily Limited August 23, 2015 Juicywater.co.uk
Calypso Soft Drinks Easily Limited August 23, 2015 Sparklingrapidz.co.uk
Calypso Soft Drinks Ascio Technologies Inc. August 31, 2015 Mrfreeze.eu
Cott Beverages Ltd. Webfusion Ltd September 1, 2016 Suso.co.uk
Calypso Soft Drinks Ascio Technologies, Inc. September 6, 2015 Aquajuice67.com
Calypso Soft Drinks Easily Limited September 6, 2015 Aquajuice67.co.uk
Calypso Soft Drinks Easily Limited September 19, 2015 Calypsosoftdrinks.info
Cott Beverages Ltd. Network Solutions September 26, 2015 Deveronspring.com
Cott Beverages Ltd. Webfusion Ltd September 26, 2015 Deveronspring.co.uk
Cott Corporation Network Solutions September 30, 2015 Radrainenergy.com
Cott Corportion Network Solutions September 30, 2015 Vintageseltzer.com
Calypso Soft Drinks Ltd Easily Limited October 1, 2018 Calypsosoftdrinks.co.uk
Calypso Soft Drinks Easily Limited October 12, 2018 Peckforton.co.uk
Cott Beverages Ltd. Webfusion Ltd October 13, 2016 Winwithrccola.co.uk
Calypso Soft Drinks Easily Limited October 19, 2018 Aquajuice.co.uk
Cott Corporation Network Solutions October 22, 2015 Scioptrient.com
McCann Central Webfusion Ltd. November 15, 2015 Oldjamaicagingerbeer.com
Cott Corporation Network Solutions November 23, 2015 Redrain.com
Cott Beverages Ltd Webfusion Ltd. December 4, 2014 Macbwater.com
Calypso Soft Drinks Melbourne IT, Ltd. December 17, 2014 Youcansurfanywhere.com
Calypso Soft Drinks UKServers Ltd December 17, 2014 Youcansurfanywhere.co.uk
Cott Beverages Ltd. Webfusion Ltd. January 17, 2015 Susodrinks.com
Cott Beverages Ltd. Webfusion Ltd January 17, 2015 Susodrinks.co.uk
Cott Corporation Network Solutions January 18, 2016 Cottpop.com
Madhouse Easily Limited January 20, 2015 Mrfreezepops.co.uk
Calypso Soft Drinks Ascio Technologies, Inc. August 16, 2015 Calypsosoftdrinks.com


* * * CONFIDENTIAL * * *

 

Calypso Soft Drinks Easily Limited February 21, 2015 Calypsoclear.co.uk
Calypso Soft Drinks Easily Limited February 21, 2015 Calypsojubbly.co.uk
Calypso Soft Drinks Ltd. Easily Limited February 24, 2015 Coolcalypso.co.uk
Calypso Soft Drinks Ltd. Easily Limited February 24, 2015 Cupdrinks.co.uk
Calypso Soft Drinks Ltd. Easily Limited February 24, 2015 Cuplets.co.uk
Calypso Soft Drinks Ltd. Easily Limited February 24, 2015 Freezedrinks.co.uk
Calypso Soft Drinks Ltd. Easily Limited February 24, 2015 Fruitdrinks.co.uk
Calypso Soft Drinks Ltd. Easily Limited February 24, 2015 Juicedrinks.co.uk
Calypso Soft Drinks Ltd. Easily Limited February 26, 2015 Calypsorapidz.co.uk
Cott Corporation Network Solutions March 2, 2015 Starphytonutrients.com
Private registration Tucows, Inc. April 8, 2015 Drinksofyesteryear.com
Private registration GoDaddy.com December 4, 2018 Rcinsight.com
McCann Central Webfusion Ltd. July 21, 2015 Jamaicating.com
Cott Beverages Ltd. Webfusion Ltd August 8, 2015 Rcrefresh.co.uk
Cott Beverages Ltd. Webfusion Ltd October 19, 2015 Sangs.co.uk
Calypso Soft Drinks Ltd. Tucows Inc. November 11, 2015 Calypso.co.uk
Cott Beverages Ltd. Webfusion Ltd December 4, 2015 Macbwater.co.uk
Calypso Soft Drinks Ltd. Easily Limited March 1, 2016 Calypsoland.co.uk
Calypso Soft Drinks Easily Limited March 6, 2016 Mr-freezepops.co.uk
Calypso Soft Drinks Ltd. Easily Limited March 6, 2016 Totalwatersolutions.co.uk
Private registration Network Solutions May 21, 2016 18004waters.com
DS Services of America, Inc. Network Solutions January 5, 2015 4wateronline.com
DS Waters of America, Inc. Network Solutions May 2, 2015 4waters.com
DS Services of America, Inc. Network Solutions January 5, 2015 4watersonline.com
Private registration Network Solutions May 10, 2016 8004waters.com
Private registration Network Solutions December 8, 2016 abitaman.com
DS Services of America, Inc. Network Solutions February 24, 2015 abitamom.com
Private registration Network Solutions May 4, 2016 abitasprings.com
Private registration Network Solutions February 2, 2016 agua.com
DS Waters of America, Inc. GoDaddy.com September 18, 2015 aguacafe.com
Private registration Network Solutions November 14, 2016 albertsonswater.com
Private registration Network Solutions November 10, 2015 alhambrabites.com
Private registration Network Solutions November 10, 2017 alhambrablows.com
Private registration Network Solutions November 10, 2017 alhambrastinks.com


* * * CONFIDENTIAL * * *

 

Private registration Network Solutions October 6, 2015 alhambrasucks.com
Private registration Network Solutions May 19, 2016 alhambrawater.com
DS Services of America, Inc. Network Solutions April 24, 2015 alhambrawater.info
Private registration Network Solutions May 2, 2016 alhambrawateremail.com
Private registration Network Solutions June 6, 2016 alhambrawaters.com
Private registration Network Solutions April 25, 2015 alhambrawaters.info
Private registration Network Solutions April 25, 2015 alhambrawaters.net
Private registration Network Solutions April 25, 2015 alhambrawaters.org
DS Waters of America, Inc. Network Solutions August 22, 2016 annandalespringwater.com
AquaSpring Water Company GoDaddy.com January 11, 2015 aquaspring.biz
DS Services of America, Inc. Network Solutions January 6, 2015 arcticspringwater.com
Private registration Network Solutions October 22, 2015 articspringwater.com
Private registration Network Solutions October 1, 2015 athenachocolate.com
Private registration Network Solutions October 1, 2015 athenachocolate.net
DS Services of America, Inc. Network Solutions February 5, 2016 athenachocolate.org
DS Services of America, Inc. Network Solutions October 1, 2015 athenachocolates.com
Private registration Network Solutions October 1, 2014 athenachocolates.net
DS Services of America, Inc. Network Solutions February 5, 2016 athenachocolates.org
DS Services of America, Inc. Network Solutions October 1, 2016 athenapartners.net
DS Services of America, Inc. Network Solutions January 17, 2016 athenapartners.org
Private registration Network Solutions October 1, 2015 athenatea.com
DS Services of America, Inc. Network Solutions October 1, 2015 athenatea.net
DS Services of America, Inc. Network Solutions February 5, 2016 athenatea.org
Private registration Network Solutions October 1, 2015 athenawater.com
Private registration Network Solutions October 1, 2018 athenawater.net
Private registration Network Solutions September 22, 2015 athenawater.org
Private registration Network Solutions May 2, 2016 athenawateremail.com
Private registration Network Solutions February 2, 2016 atlantabottledwater.com
Private registration Network Solutions April 3, 2015 atlantabottledwater.info
Private registration Network Solutions February 2, 2016 atlantabottledwater.net
Private registration Network Solutions February 2, 2016 atlantabottledwater.org
Private registration Network Solutions February 19, 2016 atlantaspringwater.com
Private registration Network Solutions February 19, 2016 atlantaspringwater.net
DS Services of America, Inc. Network Solutions February 19, 2016 atlantaspringwater.org
Private registration Network Solutions November 7, 2015 azwaters.com
DS Services of America, Inc. Network Solutions January 28, 2015 belmontsprings.com
DS Services of America, Inc. Network Solutions April 24, 2015 belmontsprings.info
DS Services of America, Inc. Network Solutions April 24, 2015 belmontsprings.net


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. Network Solutions April 24, 2015 belmontsprings.org
Private registration Network Solutions November 11, 2015 belmontspringsbites.com
Private registration Network Solutions November 11, 2017 belmontspringsblows.com
Private registration Network Solutions May 2, 2016 belmontspringsemail.com
Private registration Network Solutions November 11, 2015 belmontspringsstinks.com
Private registration Network Solutions October 6, 2015 belmontspringssucks.com
Private registration Network Solutions August 20, 2016 beveragebrewers.com
Private registration Network Solutions August 20, 2016 beveragebrewerservice.com
DS Services of America, Inc. Network Solutions January 3, 2015 beveragesdelivered.biz
DS Services of America, Inc. Network Solutions January 3, 2015 beveragesdelivered.co
DS Services of America, Inc. Network Solutions January 4, 2015 beveragesdelivered.com
DS Services of America, Inc. Network Solutions January 4, 2015 beveragesdelivered.info
DS Services of America, Inc. Network Solutions January 4, 2015 beveragesdelivered.net
DS Services of America, Inc. Network Solutions January 3, 2015 beveragesdelivered.us
DS Services of America, Inc. Network Solutions January 4, 2015 beveragesdelivered.us.com
DS Services of America, Inc. Network Solutions December 21, 2015 bigbearspring.com
DS Services of America, Inc. Network Solutions January 6, 2015 bigbearsprings.com
DS Services of America, Inc. Network Solutions January 10, 2015 blueridgemountainwater.biz
Private registration Network Solutions January 25, 2018 blueridgemountainwater.com
DS Services of America, Inc. Network Solutions January 11, 2016 blueridgemountainwater.info
DS Services of America, Inc. Network Solutions February 2, 2015 blueridgemountainwater.net
DS Services of America, Inc. Network Solutions February 2, 2015 blueridgemountainwater.org
DS Services of America, Inc. Network Solutions January 2, 2016 bottledwater.com
Audience Portal GoDaddy.com September 30, 2015 bottlewater.co
Private registration Network Solutions July 30, 2016 bottomloadcooler.com
Private registration Network Solutions July 30, 2016 bottomloadcoolers.com
Rob Chaput Enom, Inc. October 9, 2015 breastcancerresearchfoundation.com
Private registration Network Solutions August 20, 2016 brewedbeverage.com
Private registration Network Solutions February 11, 2016 brewerrepair.com
Private registration Network Solutions February 11, 2016 brewerservice.com
Private registration Network Solutions August 20, 2016 brewer-service.com
Private registration Network Solutions August 20, 2016 brewerservice.net
DS Services of America, Inc. Register.com, Inc. December 2, 2015 chestermountain.com
DS Services of America, Inc. Network Solutions January 11, 2017 cleanwater.mobi
DS Services of America, Inc. Network Solutions April 14, 2015 cloisterwater.com


* * * CONFIDENTIAL * * *

 

Private registration Network Solutions February 16, 2016 coffeeandwaterservice.com
Private registration Network Solutions February 16, 2016 coffeeandwaterservices.com
DS Services of America, Inc. Network Solutions March 20, 2015 coffeeservice.com
Private registration Network Solutions July 12, 2015 coffeeservicemail.com
DS Services of America, Inc. Network Solutions June 15, 2015 costcowater.com
Private registration Network Solutions August 18, 2015 createdforthecause.com
Private registration Network Solutions August 18, 2016 createdforthecause.net
Private registration Network Solutions August 8, 2015 crystal-springs.com
Private registration Network Solutions April 24, 2015 crystal-springs.info
Private registration Network Solutions June 11, 2016 crystalsprings.net
Private registration Network Solutions November 10, 2015 crystalspringsbites.com
Private registration Network Solutions November 10, 2015 crystalspringsblows.com
DS Services of America, Inc. Network Solutions July 25, 2019 crystalspringsdeal.com
Private registration Network Solutions May 2, 2016 crystal-springsemail.com
Private registration Network Solutions November 11, 2015 crystalspringsstinks.com
Private registration Network Solutions October 6, 2015 crystalspringssucks.com
Private registration Network Solutions September 5, 2018 crystalspringswater.org
Private registration Network Solutions December 20, 2016 crystalspringswatercompany.com
DS Services of America, Inc. Network Solutions January 23, 2016 crystalwater.com
DS Services of America, Inc. Network Solutions January 23, 2016 crystalwaters.com
Private registration Network Solutions November 14, 2016 cubfoodswater.com
Private registration Network Solutions February 16, 2016 customwaterlabels.com
Private registration Network Solutions February 16, 2016 customwaterlabels.net
DS Services of America, Inc. Network Solutions July 26, 2017 dailyperk.com
Private registration Network Solutions September 13, 2018 dailyrefresher.com
Private registration Network Solutions September 13, 2018 dailyrefresher.net
DS Services of America, Inc. Network Solutions May 26, 2015 deeprockcustomlabel.com
DS Services of America, Inc. Network Solutions May 26, 2015 deeprockfiltration.com
DS Services of America, Inc. Network Solutions February 22, 2016 deeprockwater.com
Private registration Network Solutions September 25, 2015 directbev.solutions
Private registration Network Solutions September 25, 2015 directbeverage.solutions
Private registration Network Solutions October 14, 2016 directbeverages.com
Private registration Network Solutions September 25, 2015 directbeveragesolutions.com
Private registration Network Solutions September 24, 2015 directbeveragesolutions.net
Private registration Network Solutions September 25, 2015 directbeveragesolutions.org
DS Services of America, Inc. Network Solutions September 24, 2015 directbeveragesolutions.us
Private registration Network Solutions September 25, 2015 directbevsolutions.com
Private registration Network Solutions September 25, 2015 directbevsolutions.net
Private registration Network Solutions September 25, 2015 directbevsolutions.org
DS Services of America, Inc. Network Solutions September 24, 2015 directbevsolutions.us
Private registration Network Solutions July 8, 2017 directcoffee.com
Private registration Network Solutions October 7, 2015 directcoffeemail.com


* * * CONFIDENTIAL * * *

 

Private registration Network Solutions August 22, 2015 directcoffeeservice.com
DS Services of America, Inc. Network Solutions January 1, 3000 dmz.water.com
DS Services of America, Inc. Network Solutions December 6, 2015 dssainc.com
Private registration Network Solutions January 6, 2016 dsscrm.com
Private registration Network Solutions February 24, 2019 dsservices.com
Private registration Network Solutions January 11, 2016 ds-services.com
Private registration Network Solutions March 31, 2016 dsservices.mobi
Private registration Network Solutions March 31, 2016 ds-services.mobi
Private registration Network Solutions November 11, 2015 dssllp.com
Private registration Network Solutions March 31, 2016 dssservices.mobi
DS Services of America, Inc. Network Solutions February 15, 2018 dswatelco.com
DS Services of America, Inc. Network Solutions October 8, 2016 dswaters.com
Private registration Network Solutions October 8, 2015 dswaters.net
DS Services of America, Inc. Network Solutions January 15, 2015 echotabeverage.com
Private registration Network Solutions November 14, 2016 farmfreshwater.com
Private registration Network Solutions August 28, 2015 fetch2o.biz
Private registration Network Solutions August 28, 2015 fetch2o.co
Private registration Network Solutions August 29, 2015 fetch2o.com
Private registration Network Solutions August 29, 2015 fetch2o.info
Private registration Network Solutions August 29, 2015 fetch2o.net
DS Services of America, Inc. Network Solutions August 28, 2015 fetch2o.us
DS Services of America, Inc. Network Solutions February 11, 2016 fixmybrewer.com
DS Services of America, Inc. Network Solutions February 11, 2016 fixyourbrewer.com
DS Services of America, Inc. Network Solutions January 5, 2015 forwateronline.com
Private registration Network Solutions May 3, 2015 forwaters.com
DS Services of America, Inc. Network Solutions January 5, 2015 forwatersonline.com
Private registration Network Solutions April 6, 2016 fountainheadwater.com
DS Services of America, Inc. Network Solutions January 5, 2015 fourwateronline.com
DS Services of America, Inc. Network Solutions January 5, 2015 fourwatersonline.com
DS Services of America, Inc. Network Solutions December 3, 2015 getofficecoffee.com
DS Services of America, Inc. Network Solutions December 3, 2015 getofficewater.com
DS Services of America, Inc. Network Solutions October 19, 2019 hillcrestsprings.com
DS Services of America, Inc. Network Solutions November 24, 2016 hillcrestspringwater.com
Private registration Network Solutions July 16, 2015 hinckleysprings.com
Private registration Network Solutions April 24, 2015 hinckleysprings.info
Private registration Network Solutions April 24, 2015 hinckleysprings.net
Private registration Network Solutions April 24, 2015 hinckleysprings.org


* * * CONFIDENTIAL * * *

 

Private registration Network Solutions November 11, 2015 hinckleyspringsbites.com
Private registration Network Solutions November 11, 2017 hinckleyspringsblows.com
Private registration Network Solutions May 2, 2016 hinckleyspringsemail.com
Private registration Network Solutions November 16, 2015 hinckleyspringsevents.com
Private registration Network Solutions November 11, 2015 hinckleyspringsstinks.com
Private registration Network Solutions October 6, 2015 hinckleyspringssucks.com
Private registration Network Solutions November 14, 2016 hornbacherswater.com
DS Services of America, Inc. Network Solutions November 12, 2019 imthirsty.com
Private registration Network Solutions October 8, 2016 javarama.com
Private registration Network Solutions October 8, 2016 javarama.net
DS Services of America, Inc. Network Solutions July 27, 2015 javaramacoffee.com
Private registration Network Solutions November 14, 2016 jeweloscowater.com
Private registration Network Solutions March 19, 2016 kentwoodcoffee.com
Private registration Register.com, Inc. July 14, 2015 kentwoodsprings.com
Private registration Network Solutions April 24, 2015 kentwoodsprings.info
Private registration Network Solutions April 24, 2015 kentwoodsprings.net
Private registration Network Solutions April 24, 2015 kentwoodsprings.org
Private registration Network Solutions November 11, 2015 kentwoodspringsbites.com
Private registration Network Solutions November 11, 2017 kentwoodspringsblows.com
Private registration Network Solutions May 2, 2016 kentwoodspringsemail.com
Private registration Network Solutions November 11, 2015 kentwoodspringsstinks.com
Private registration Network Solutions October 6, 2015 kentwoodspringssucks.com
Private registration Network Solutions March 8, 2016 kidslovewater.com
DS Services of America, Inc. Network Solutions November 27, 2016 kwencher.net
Private registration Network Solutions April 1, 2016 milliondollarmountain.com
Private registration Network Solutions June 26, 2016 mountolympuswater.com
Private registration Network Solutions May 2, 2016 mountolympuswateremail.com
DS Services of America, Inc. Network Solutions February 28, 2018 mountolympuswaters.com
Private registration Network Solutions July 10, 2016 mowi.com
DS Services of America, Inc. Network Solutions November 27, 2016 mtowater.com
DS Services of America, Inc. Network Solutions January 20, 2015 mycoffeeaccount.com
DS Services of America, Inc. Network Solutions January 25, 2024 mysplashwater.com
Private registration Network Solutions August 11, 2016 myutapia.com
Private registration Network Solutions August 11, 2016 myutapia.net
Ice River Springs Water Co. Inc. Webnames.ca Inc. March 24, 2015 nurserywater.ca
Private registration Network Solutions October 1, 2015 nurserywater.com
Richard Warner Name.com LLC February 6, 2015 nurserywater.com.mx
DS Services of America, Inc. Network Solutions March 24, 2015 officewater.com
Private registration Network Solutions June 30, 2016 opremium.com
Private registration Network Solutions October 19, 2015 opremium.net
Private registration Network Solutions November 16, 2015 opremiumcustomlabels.com
Private registration Network Solutions March 24, 2016 opremiumwater.com
Private registration Network Solutions March 26, 2016 o-premium-water.com
Private registration Network Solutions April 3, 2016 opremiumwaters.biz


* * * CONFIDENTIAL * * *

 

Private registration Network Solutions April 9, 2016 opremiumwaters.com
Private registration Network Solutions March 26, 2016 o-premium-waters.com
Private registration Network Solutions April 4, 2016 opremiumwaters.info
Private registration Network Solutions October 19, 2015 opremiumwaters.net
Private registration Network Solutions April 4, 2016 opremiumwaters.org
DS Services of America, Inc. Network Solutions November 21, 2015 opw-bottledwaterdelivery.com
Private registration Network Solutions April 29, 2016 opwftp.com
Private registration Network Solutions June 1, 2016 opwro.com
Private registration Network Solutions July 20, 2016 opwrr.com
Private registration Network Solutions July 20, 2016 opwsupport.com
Private registration Network Solutions November 7, 2015 owaters.com
DS Services of America, Inc. Network Solutions March 24, 2016 owaters.net
DS Services of America, Inc. Network Solutions December 9, 2015 owatersrapidresponse.com
Private registration Network Solutions April 16, 2016 owatertreatment.biz
Private registration Network Solutions April 17, 2016 owatertreatment.com
Private registration Network Solutions April 17, 2016 owatertreatment.info
Private registration Network Solutions April 17, 2016 owatertreatment.net
Private registration Network Solutions August 12, 2015 polandspringsplans.com
Private registration Network Solutions August 12, 2015 polandspringsplans.info
Private registration Network Solutions August 12, 2015 polandspringsplans.net
Private registration Network Solutions August 12, 2015 polandspringsplans.org
DS Services of America, Inc. Network Solutions August 11, 2015 polandspringsplans.us
Private registration GoDaddy.com May 13, 2015 polycyclesolutions.com
Private registration Network Solutions October 9, 2015 promowaterbottles.com
DS Services of America, Inc. Network Solutions August 1, 2015 purewaterdispensers.biz
DS Services of America, Inc. Network Solutions August 1, 2015 purewaterdispensers.com
DS Services of America, Inc. Network Solutions August 2, 2015 purewaterdispensers.info
DS Services of America, Inc. Network Solutions August 2, 2015 purewaterdispensers.net
DS Services of America, Inc. Network Solutions August 1, 2015 purewaterdispensers.us
Private registration Network Solutions June 1, 2016 purification-water.com
DS Services of America, Inc. Network Solutions February 28, 2016 rainbowmidland.com
Private registration Network Solutions July 29, 2016 relyantfiltration.biz
Private registration Network Solutions July 30, 2016 relyantfiltration.com
Private registration Network Solutions July 30, 2016 relyantfiltration.info
Private registration Network Solutions July 30, 2016 relyantfiltration.mobi
DS Services of America, Inc. Network Solutions July 29, 2016 relyantfiltration.us
DS Services of America, Inc. Network Solutions June 13, 2015 relyantservice.biz
DS Services of America, Inc. Network Solutions June 13, 2015 relyantservice.co
DS Services of America, Inc. Network Solutions June 14, 2015 relyantservice.com


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. Network Solutions June 14, 2015 relyantservice.info
DS Services of America, Inc. Network Solutions June 14, 2015 relyantservice.mobi
DS Services of America, Inc. Network Solutions June 14, 2015 relyantservice.net
DS Services of America, Inc. Network Solutions June 13, 2015 relyantservice.us
DS Services of America, Inc. Network Solutions June 13, 2015 relyantservices.biz
DS Services of America, Inc. Network Solutions June 13, 2015 relyantservices.co
DS Services of America, Inc. Network Solutions June 14, 2015 relyantservices.com
DS Services of America, Inc. Network Solutions June 14, 2015 relyantservices.info
DS Services of America, Inc. Network Solutions June 14, 2015 relyantservices.mobi
DS Services of America, Inc. Network Solutions June 14, 2015 relyantservices.net
DS Services of America, Inc. Network Solutions June 13, 2015 relyantservices.us
Private registration Network Solutions July 29, 2016 relyantwater.biz
Private registration Network Solutions July 30, 2016 relyantwater.com
DS Services of America, Inc. Network Solutions July 30, 2016 relyantwater.info
DS Services of America, Inc. Network Solutions July 30, 2016 relyantwater.mobi
DS Services of America, Inc. Network Solutions July 29, 2016 relyantwater.us
Private registration Network Solutions August 20, 2016 repairmybrewer.com
Private registration Network Solutions June 1, 2016 reverse-osmosis-o-premium-waters.com
DS Services of America, Inc. Network Solutions July 23, 2015 roast2coast.com
DS Services of America, Inc. Network Solutions July 23, 2015 roast2coast.net
Private registration Network Solutions July 23, 2016 roast2coastcoffee.com
Private registration Network Solutions July 23, 2016 roast2coastcoffee.net
Private registration Network Solutions July 23, 2016 roast2coastcoffeeservice.com
Private registration Network Solutions July 23, 2016 roast2coastcoffeeservice.net
Private registration Network Solutions July 23, 2016 roast2coastofficecoffeeservice.com
DS Services of America, Inc. Network Solutions July 23, 2015 roast2coastofficecoffeeservice.net
Private registration Network Solutions July 23, 2015 roasttocoast.com
DS Services of America, Inc. Network Solutions July 23, 2015 roasttocoast.net
DS Services of America, Inc. Network Solutions July 23, 2015 roasttocoastcoffee.com
Private registration Network Solutions July 23, 2016 roasttocoastcoffee.net
DS Services of America, Inc. Network Solutions July 23, 2015 roasttocoastcoffeeservice.com
Private registration Network Solutions July 23, 2016 roasttocoastcoffeeservice.net
DS Services of America, Inc. Network Solutions July 23, 2015 roasttocoastofficecoffee.com


* * * CONFIDENTIAL * * *

 

Private registration Network Solutions July 23, 2016 roasttocoastofficecoffee.net
Private registration Network Solutions July 23, 2016 roasttocoastofficecoffeeservice.com
Private registration Network Solutions July 23, 2016 roasttocoastofficecoffeeservice.net
DS Services of America, Inc. Network Solutions February 24, 2016 rosevillebottledwater.com
DS Services of America, Inc. Network Solutions November 24, 2017 sacramentobottledwater.com
DS Services of America, Inc. Network Solutions January 22, 2017 sacramentowaterdelivery.com
Private registration Network Solutions November 14, 2016 shawswater.com
DS Services of America, Inc. Network Solutions October 24, 2016 shop4athena.com
Private registration Network Solutions October 24, 2016 shop4athenawater.com
DS Services of America, Inc. Network Solutions August 5, 2015 shop4cafe.com
Private registration Network Solutions August 11, 2015 shop4coffee.biz
DS Services of America, Inc. Network Solutions August 5, 2015 shop-4-coffee.com
Private registration Network Solutions August 12, 2015 shop4coffee.info
Private registration Network Solutions August 12, 2015 shop4coffee.mobi
Private registration Network Solutions June 5, 2015 shop4coffee.tel
DS Services of America, Inc. Network Solutions August 11, 2015 shop4coffee.us
DS Services of America, Inc. Network Solutions July 28, 2015 shop4coolers.com
Private registration Network Solutions August 17, 2016 shop4filtration.com
DS Services of America, Inc. Network Solutions August 13, 2016 shop4tea.com
DS Services of America, Inc. Network Solutions July 28, 2015 shop4water.com
Private registration Network Solutions August 17, 2016 shop4watercoolers.com
Private registration Network Solutions August 17, 2016 shop4waterfiltration.com
Private registration Network Solutions October 24, 2016 shopforathena.com
Private registration Network Solutions October 24, 2016 shopforathenawater.com
DS Services of America, Inc. Network Solutions August 5, 2015 shopforcofee.net
Private registration Network Solutions June 5, 2015 shopforcoffee.biz
Private registration Network Solutions June 6, 2015 shop-for-coffee.com
Private registration Network Solutions June 6, 2015 shopforcoffee.info
Private registration Network Solutions June 6, 2015 shopforcoffee.mobi
Private registration Network Solutions August 5, 2015 shopforcoffee.net
DS Services of America, Inc. Network Solutions June 6, 2015 shopforcoffee.pro
Private registration Network Solutions June 5, 2015 shopforcoffee.tel
DS Services of America, Inc. Network Solutions June 5, 2015 shopforcoffee.us
Private registration Network Solutions August 17, 2016 shopforcoolers.com
Private registration Network Solutions August 17, 2016 shopforfiltration.com
Private registration Network Solutions August 17, 2016 shopforwater.com
Private registration Network Solutions August 17, 2016 shopforwatercoolers.com
Private registration Network Solutions August 17, 2016 shopforwaterfiltration.com
Private registration Network Solutions November 14, 2016 shopperswater.com


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. Network Solutions April 2, 2015 sierrasprings.com
DS Services of America, Inc. Network Solutions April 2, 2015 sierra-springs.com
Private registration Network Solutions April 24, 2015 sierrasprings.info
DS Services of America, Inc. Network Solutions April 1, 2015 sierrasprings.net
DS Services of America, Inc. Network Solutions March 31, 2015 sierra-springs.net
Private registration Network Solutions November 11, 2015 sierraspringsbites.com
Private registration Network Solutions November 11, 2015 sierraspringsblows.com
Private registration Network Solutions May 2, 2016 sierraspringsemail.com
Private registration Network Solutions November 11, 2015 sierraspringsstinks.com
Private registration Network Solutions October 6, 2015 sierraspringssucks.com
Private registration Network Solutions February 10, 2016 sparkletts.co
Private registration Network Solutions October 23, 2015 sparkletts.com
Private registration Network Solutions April 24, 2015 sparkletts.info
Private registration Network Solutions February 11, 2016 sparkletts.mobi
Private registration Network Solutions February 11, 2016 sparkletts.net
Private registration Network Solutions April 24, 2015 sparkletts.org
DS Services of America, Inc. Network Solutions February 10, 2016 sparkletts.us
DS Services of America, Inc. Network Solutions February 10, 2016 sparklettsbites.com
DS Services of America, Inc. Network Solutions February 10, 2016 sparklettsblows.com
Private registration Network Solutions May 2, 2016 sparklettsemail.com
DS Services of America, Inc. Network Solutions February 10, 2016 sparklettsstinks.com
DS Services of America, Inc. Network Solutions November 12, 2019 splashwaterco.com
DS Services of America, Inc. Network Solutions March 13, 2015 standardcoffee.com
DS Services of America, Inc. Network Solutions October 2, 2015 standardcoffeecompany.com
Private registration Network Solutions August 22, 2015 standardcoffeedirect.com
Private registration Network Solutions May 7, 2016 standardcoffeemail.com
DS Services of America, Inc. Network Solutions January 16, 2016 standardcoffeeservice.com
DS Services of America, Inc. Network Solutions September 30, 2015 standardcoffeeservicecompany.com
Private registration Network Solutions July 12, 2015 standarddirectmail.com
DS Services of America, Inc. Network Solutions December 28, 2015 standguard.com
Private registration Network Solutions October 26, 2016 stdcoffee.com
Private registration Network Solutions November 14, 2016 supervaluwater.com
Private registration Network Solutions August 18, 2015 tappyhour.net
DS Services of America, Inc. GoDaddy.com June 29, 2017 teaexpress.mobi
DS Services of America, Inc. GoDaddy.com December 23, 2016 teakettle.mobi
DS Services of America, Inc. Network Solutions June 29, 2017 tealeafstore.com


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. GoDaddy.com June 29, 2017 tealeafstore.mobi
DS Services of America, Inc. GoDaddy.com April 12, 2017 teatime.mobi
Private registration Network Solutions August 15, 2016 thepurewaterpeople.com
DS Services of America, Inc. Network Solutions October 5, 2015 thestandardcompaniesinc.com
DS Services of America, Inc. Network Solutions May 8, 2015 tsccoffeeservice.com
DS Services of America, Inc. Network Solutions June 13, 2015 tsc-i.com
Private registration Network Solutions June 28, 2016 utapia.net
Private registration Network Solutions June 28, 2016 utapia.org
Private registration Network Solutions August 18, 2016 utapiafiltration.com
Private registration Network Solutions August 18, 2016 utapiafiltration.net
Private registration Network Solutions August 18, 2016 utapiawater.com
Private registration Network Solutions August 18, 2016 utapiawater.net
Private registration Network Solutions August 18, 2015 utapiawaterfiltration.com
Private registration Network Solutions August 18, 2016 utapiawaterfiltration.net
Private registration Network Solutions October 1, 2015 vendbottle.com
Private registration Network Solutions October 1, 2015 victorystartshere.com
DS Services of America, Inc. Network Solutions October 1, 2015 victorystartshere.net
Private registration Network Solutions February 1, 2016 victorystartshere.org
DS Services of America, Inc. Network Solutions August 30, 2021 water.com
Private registration Network Solutions December 20, 2016 waterannouncements.com
Private registration Network Solutions February 16, 2016 water-coffeeservice.com
Private registration Network Solutions February 16, 2016 water-coffeeservices.com
DS Services of America, Inc. Network Solutions March 15, 2016 waterdeliveries.com
Private registration Network Solutions May 2, 2016 wateremail.com
Private registration Network Solutions June 12, 2016 water-enewsletter.com
Private registration Network Solutions June 1, 2016 water-filter-o-premium-waters.com
Private registration Network Solutions July 13, 2015 waterinvoice.com
Private registration Network Solutions June 1, 2016 water-purification-o-premium-waters.com
Private registration Network Solutions May 17, 2016 waterrefresher.com
Private registration Network Solutions December 7, 2016 waterrsr.com
Private registration Network Solutions October 1, 2015 wheresathena.com
Private registration Network Solutions October 1, 2015 wheresathena.net
Private registration Network Solutions June 11, 2016 wheresathena.org
Private registration Network Solutions September 24, 2018 yosemitewaters.com
DS Services of America, Inc. Network Solutions January 31, 2015 yosemitewaters.net
DS Services of America, Inc. Network Solutions January 31, 2017 yosemitewaters.org


* * * CONFIDENTIAL * * *

 

Schedule 3.10

Canadian Union Plans, Canadian Benefit Plans and Canadian Pension Plans

The following are Canadian Union Pension Plans:

 

    Viscount Union: Teamster Canadian Pension Trust Fund; and

 

    Plan Pointe Claire Union: Teamsters Canadian Pension Plan, Soft Drink Industry Division;

The following are Canadian Retirement Plans:

 

    Surrey Union: Employee Registered Retirement Savings Plan (RRSP);

 

    Calgary Union: Cott Corporation Deferred Profit Sharing Plan/Group Registered Retirement Savings Plans (DPSP/GRSP) Retirement Program;

 

    Salaried and Non-Union Hourly: Cott Corporation Deferred Profit Sharing Plan/Group Registered Retirement Savings Plans (DPSP/GRSP) Retirement Program;

The following are Canadian Benefit Plans:

 

    Common Share Option Plan

 

    Share Appreciation Rights

 

    Performance Share Unit Plan;

 

    Officers and Senior Management Executives Performance Bonus; and

The Canadian Retirement Plans are Registered Retirement Savings Plans.

The Canadian Union Plans (Viscount and Pointe Claire) are defined benefit plans.

Canadian Group Benefit Plans:

 

    Extended Health

 

    Dental

 

    Life Insurance

 

    Dependent Life

 

    Optional Life

 

    Accidental Death & Dismemberment insurance (AD&D)

 

    Voluntary Accidental Death & Dismemberment insurance

 

    Short Term Disability

 

    Long Term Disability

Each union has benefit plan specific to their union

Salaried and non-union hourly employees have their own benefit plan

Great-West Life is provider for all benefits except AD&D

Industrial Alliance Pacific is provider for AD&D


* * * CONFIDENTIAL * * *

 

Schedule 3.14

Insurance

See attached Annex 1 to Schedule 3.14 for a description of all additional insurance maintained by or on behalf of the Loan Parties (except for the Water Group) as of the Amendment No. 5 Effective Date.

See attached Annex 2 to Schedule 3.14 for a description of all additional insurance maintained by or on behalf of the Water Group as of the Amendment No. 5 Effective Date.


* * * CONFIDENTIAL * * *

 

Annex 1 to Schedule 3.14

Description of all additional insurance maintained by or on behalf of the Loan Parties (except for the Water Group) as of the Amendment No. 5 Effective Date.


* * * CONFIDENTIAL * * *

LOGO


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Contents

 

Global Master Property Program

  3   

NFIP – Columbus, Georgia

  6   

NFIP – Maryland Heights, Missouri

  7   

NFIP – Tampa, Florida

  8   

NFIP – San Bernardino, California

  9   

US, Canada & Mexico Terrorism

  10   

UK Terrorism

  11   

Global Master General Liability Program

  12   

US Automobile

  15   

Canadian Automobile

  16   

Mexican Automobile & Legal Assistance

  17   

Workers’ Compensation

  19   

Foreign Voluntary Compensation/Employer’s Liability & Foreign Travel Accident/Sickness

  21   

Global Lead Umbrella

  22   

1st Excess Liability

  23   

2nd Excess Liability (Quote Share)

  24   

2nd Excess Liability (Quote Share)

  25   

Global Marine Cargo

  26   

Global Products Contamination Issued in Canada

  28   

Surety- Soft Drinks Crown Purchase Bond for West Virginia

  30   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 1


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Cott Beverages West Limited Customs (Calgary AB)

  31   

Surety- Georgia Alcohol Bond

  32   

Surety- Canadian Goods and Services Tax / Harmonized Sales Tax

  33   

Surety- NY Department of Agriculture & Markets (NY Farm Products)

  34   

Surety- Department of Treasury US Customs

  35   

Surety- Brewers’ Bond (TX)

  36   

Surety- Distilled Spirits Bond

  37   

Surety- Fee Interest Bond (Distiller’s & Rectifier’s Permit)

  38   

Surety- Brewers’ Bond (WI)

  39   

Surety- Self Insurance Bond for Washington

  40   

Surety- Self Insurance Bond for Missouri

  41   

Employer’s Liability (UK)

  42   

UK Automobile (Motor Fleet Insurance)

  43   

Engineering Inspection (UK)

  45   

Fixed Wiring Inspection (UK)

  46   

Pollution Policy

  47   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 2


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Global Master Property Program

Master Policy Issued in the Canada

 

Insured

Cott Corporation

(as more fully described in the policy)

Insurers (Master Policies)

ACE INA Insurance – [***]

Allianz Insurance Company of Canada– [***]

Arch Insurance Canada Ltd. – [***]

Westport Insurance Corporation – [***]

Royal and Sun Alliance Insurance Company – [***]

Master Policy Number [***]
Local Admitted Policies Fronted by Allianz are issued in the Following Countries for 20% of the limit:

US – Allianz Global Risks US Insurance Company, Policy # [***]

UK – Allianz Global Corporate & Specialty SE, Policy # [***]

Mexico – Allianz Mexico S.A., Policy # [***]

Local Admitted Policies by RSA are issued in the Following Countries for 80% of the limit:

US – Sompo Japan Insurance Company of America, Policy # [***]

UK – Royal & Sun Alliance Insurance plc, Policy # [***]

Mexico – Royal & SunAlliance Seguros (México), S.A. de C.V., Policy # [***]

Policy Period

 

Currency

[***]

 

US Dollars except as noted otherwise

 

 

Limits of Liability

 

Total

  [***]   

Any one Occurrence in Mexico (only applies to RSA)

  [***]   

Catastrophe Sublimits of Liability

 

Flood

Flood, except:

  [***]   

Flood – with Respect to locations situated in 100 year Flood Zones

  [***]   

Earthquake

Earthquake, except:

  [***]   

New Madrid Seismic Earthquake

  [***]   

California Earthquake

  [***]   

Mexico Earthquake

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 3


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Deductibles

[***] per occurrence in the United States or [***] per occurrence in the rest of the world

Earthquake

[***] per occurrence except;

California Earthquake [***] per TIV, subject to minimum of [***]

Foreign High Hazard Areas [***] per TIV subject to minimum of [***]

Flood

[***] per occurrence except;

Locations in 100 year Flood Zones or Foreign Equivalent [***] per TIV, subject to minimum of [***].

Named Windstorm

USD [***] per occurrence except;

Locations in High Hazard Tier 1 Countries including the entire State of Florida [***] of TIV, subject to minimum of [***]

Sublimits

 

Applies to each of the following (per occurrence):

  [***]   

Property in Transit; Course of Construction; Course of Construction – Testing; Debris Removal; Errors & Omissions; Valuable Papers; Accounts Receivable; Fine Arts; Leaseholder Interest – 365 Consecutive Days; Electronic Data Processing Media; Extra Expenses; Expediting Expense; Service Interruption (PD & BI Combined); Ingress/Egress, Co-Insurance Deficiency; Currency Devaluation; Civil Authority; Rental income; Research & Development; Soft Costs; Tenants Legal Liability; Computer (Non-Physical Damage); Exhibitions, Expositions, Fairs & Trade Shows; Miscellaneous Unnamed Locations; Off Premises Storage for Property under Construction. Non-Admitted Tax Liability

Boiler & Machinery

  [***]   

B&M – Ammonia Contamination

  [***]   

B&M – Hazardous Substances

  [***]   

B&M – Spoilage

  [***]   

B&M – Water Damage

  [***]   

Contingent Business Interruption (Contribution & Recipient)

  [***]   

Professional Fees

  [***]   

Warehouse Legal Liability

  [***]   

Temporary Removal of Property

  [***]   

Pollution Cleanup/Removal – Land & Water

  [***]   

Newly Acquired Locations subject to 90 days reporting except [***] limit for locations in Mexico

  [***]   

Difference in Conditions/Limits for International Locations

  [***]   

Firefighting Expenses

  [***]   

Demolition and Increased Cost of Construction

  [***]   

Installment or Deferred Payments

  [***]   

Miscellaneous Personal Property

  [***]   

Miscellaneous Unnamed Locations in Mexico

  [***]   

Course of Construction and Delayed Start-Up

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 4


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Special Endorsements/Extensions

Replacement Cost

Consequential Loss

Defense Costs

Consequential Damage by Service Interruption

Interruption by Civil Authority – 30 Days

Ingress/Egress – 30 Days

EDP Equipment and Media Coverage - Includes Mechanical and Electrical Breakdown

Money & Stamps

Lawn, Trees and Shrubs

Permission for Vacancy

Breach of Conditions

Severability of Interest

Control of Damaged Stock

Scope of Coverage

Joint Loss Agreement

Impounded Water

Blanket Waiver of Subrogation

Special Exclusions/Restrictions

Terrorism Exclusion

Data Exclusion

Mold/Fungi Exclusion

Flood in Netherlands & Thailand

Earth Movement in Japan

Other Restrictions, Limitations, Conditions & Exclusions as per Policy Wordings

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 5


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

NFIP – Columbus, Georgia

 

Insured

Cott Beverages Inc.

1001 10th Ave.

Columbus, GA 31901

Insurer Wright National Flood Insurance Company
Policy Number [***]
Policy Period [***]

 

 

Limits of Liability

 

Building

  [***]   

Contents

  [***]   

Deductibles

 

Building

  [***]   

Contents

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 6


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

NFIP – Maryland Heights, Missouri

 

Insured

Cott Corporation

2525 Schuetz Road

Maryland Heights, MO 63043

Insurer Wright National Flood Insurance Company
Policy Number [***]
Policy Period [***]

 

 

Limits of Liability

 

Building

  [***]   

Contents

  [***]   

Deductibles

 

Building

  [***]   

Contents

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 7


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

NFIP – Tampa, Florida

 

Insured

Cott Beverages USA Inc.

4506 Acline Dr. E

Tampa, FL 33605

Insurer American Bankers Insurance Company of Florida
Policy Number [***]
Policy Period [***]

 

 

Limits of Liability

 

Building

  [***]   

Contents

  [***]   

Deductibles

 

Building

  [***]   

Contents

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 8


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

NFIP – San Bernardino, California

 

Insured

Cott Corporation

499 East Mill Street

San Bernardino, CA 92408

Insurer Wright National Flood Insurance Company
Policy Number [***]
Policy Period [***]

 

 

Limits of Liability

 

Building

  [***]   

Contents

  [***]   

Deductibles

 

Building

  [***]   

Contents

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 9


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

US, Canada & Mexico Terrorism

 

Insured Cott Corporation
Insurer Lloyds of London
Policy Number [***]

Policy Period

Currency

[***]

US Dollars

 

 

Property/Risk Insured

Insures the property described in the Risk Details against direct physical loss or physical damage by an Insured Event(s), as herein defined, occurring during the Period.

To indemnify the Insured for loss or damage resulting from Insured Events, as defined in the Certificate, to all real and personal property of the Insured, including Business Interruption.

Terrorism Definition

An act or series of acts, including the use of force or violence, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organization(s), committed for political, religious or ideological purposes including the intention to influence any government and/or to put the public in fear for such purposes

Sabotage Definition

A subversive act or series of such acts committed for political, religious or ideological purposes including the intention to influence any government and/or to put the public in fear for such purposes

Limits of Liability

 

Any one Occurrence and in all for the Period in respect of Property Damage and Business Interruption combined

  [***]   

Deductible

 

Per Occurrence

  [***]   

Special Endorsements/Extensions

 

Indemnity Period – 12 months

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 10


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

UK Terrorism

 

Insured Cott Corporation
Insurer Lloyds of London
Policy Number [***]

Policy Period

Currency

[***]

GBP (billed in USD)

 

 

Coverage

Terrorism including Sabotage Insurance

Limits of Liability

 

Up to full value any one Occurrence and in all during the Period, but not exceeding (any one location)

  [***]   

Deductible

 

Per Occurrence

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 11


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Global Master General Liability Program

Master policy issued in the US

 

Insured

Cott Corporation

(as more fully described in the policy)

Insurers

US - Allianz Global Risks US Insurance Company, Policy #[***] (Global Master issued in the US), USD

Foreign (DIC/DIL) - Allianz Global Risks US Insurance Company, Policy #[***], USD

Canada - Allianz Global Risks US Insurance Company, Policy #[***] (locally admitted policy), USD

Mexico – Allianz Mexico S.A., Policy # [***] (locally admitted policy), USD

United Kingdom - Allianz Global Corporate and Specialty, Policy # [***] (locally admitted policy), GBP

Policy Period [***]

 

 

Currency

US Dollars except as noted otherwise

Limits of Liability (US)

 

Each Occurrence

  [***]   

Personal Injury and Advertising Injury Aggregate

  [***]   

Damage to Premises Rented to You

  [***]   

Medical Expense, Any one person

  [***]   

General Aggregate

  [***]   

Products and Completed Operations Aggregate

  [***]   

Employee Benefits Liability, each claim and aggregate

  [***]   

Liquor Liability, each claim and aggregate

  [***]   

Foreign Voluntary Workers’ Compensation

  [***]   

Foreign Employer’s Liability

  [***]   

Repatriation Expense – Each Employee

  [***]   

Repatriation Expense – Aggregate

  [***]   

Excess/ DIC Automobile Liability

  [***]   

International General Liability (with DIC/DIL provisions)

  [***]   

Limits of Liability (Canada)

 

Each Occurrence

  [***]   

Personal Injury and Advertising Injury Aggregate

  [***]   

Medical Expense

  [***]   

Tenants Legal Liability

  [***]   

Products and Completed Operations Aggregate

  [***]   

Employee Benefits Errors and Omissions

  [***]   

Employer’s Liability

  [***]   

General Aggregate

  [***]   

Legal Liability for Damage to Hired Automobiles

  [***]   

Non-Owned Automobile

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 12


* * * CONFIDENTIAL * * *

Cott Corporation  

Program at A Glance 2014-2015  

LOGO

 

 

 

Limits of Liability (Mexico)

 

Each Occurrence and Aggregate

  [***]   

Limits of Liability (UK)

 

Each Occurrence and Aggregate

  [***]   

Deductibles (US)

 

Per Occurrence

  [***]   

Aggregate Deductible

  [***]   

Employee Benefits Liability

  [***]   

Deductibles (Canada)

 

Per Occurrence

  [***]   

Aggregate Deductible

  [***]   

Tenants’ Legal Liability per Occurrence

  [***]   

Employee Benefits Liability

  [***]   

Legal Liability for Damage to Hired Automobiles

  [***]   

Deductibles (Mexico)

 

Per Event

  [***]   

Deductibles (UK)

 

Per Event

  [***]   

US Policy Form Highlights

 

    Defense Costs in Addition to Limits of Liability

 

    Additional Insured Vendors

 

    Additional Insured Managers or Lessors of Premises

 

    Additional Insured Lessor of Leased Equipment – Automatic when required in Lease Agreement with you

 

    Caps on Losses From Certified Acts Of Terrorism

 

    Medical Payments

 

    Coverage for Newly Acquired or Created Entities

 

    Bodily Injury Definition to include mental anguish

 

    Blanket Waiver of Subrogation

 

    Blanket Additional Insured

 

    Liquor Liability

 

    Non-owned Watercraft – 75 Feet Limitation

 

    Chartered Aircraft

 

    Incidental Medical Malpractice

US Additional Exclusions or Limitations

See policy for complete details

 

    Fungi or Bacteria

 

    Nuclear Energy Liability

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 13


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

    Employment-Related Practices

 

    Access or Disclosure of Confidential or Personal Information and Data Related Liability w/BI exception

 

    Asbestos

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 14


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

US Automobile

Issued in the US

 

Insured Cott Corporation
Insurer Zurich American Insurance Company
Policy Number [***]
Policy Period [***]

 

 

Limits

 

Combined Single Limit

  [***]   

Auto Medical Payments (applies to Owned Auto only)

  [***]   

Uninsured Motorists (applies to Owned and Hired Autos only)

  [***]   

Underinsured Motorists (applies to Owned and Hired Autos only)

  [***]   

Deductibles

 

Auto Liability

  [***]   

Tractors/Tandem (Physical Damage)

Comprehensive

  [***]   

Collision

  [***]   

Private Passenger Vehicles/Trucks (Physical Damage)

Comprehensive

  [***]   

Collision

  [***]   

Trailers – Open Lot Comprehensive (Physical Damage)

Comprehensive

  [***]   

Deductible is capped at (for all vehicles per location),

  [***]   

Subject to a policy limit

  [***]   

Special Endorsements/Extensions

 

    Additional Insured – Lessor

 

    Auto Medical Payments Coverage

 

    Employees as Insureds

 

    Employee Hired Autos

 

    Fellow Employee Coverage

 

    Hired Autos Specified as Covered Autos you Own

 

    Limited Mexico Coverage

 

    Motor Carrier Policies of Insurance for Public Liability (MCS 90)

 

    Broad Form Named Insured

 

    Named Insured – Broadened PIP Coverage

 

    Pollution Liability – Broadened Coverage for Covered Autos

 

    Rental Reimbursement Coverage

 

    Truckers Intermodal Interchange Endorsement

 

    UM/UIM Insurance Limits by State and Medical Payments

 

    Drive Other Car Coverage

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 15


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Canadian Automobile

Issued in Canada

 

Insured Cott Corporation
Insurer Zurich Insurance Company Ltd.
Policy Number [***]

Policy Period

Currency

[***]

Canadian Dollars

 

 

Limits of Liability

 

Third Party Liability per Occurrence

  [***]   

Family Protection per Occurrence

  [***]   

Deductibles

 

Private Passenger/Light Commercial/Straight Truck/Trailers/Heavy Commercial

Comprehensive

  [***]   

Collision

  [***]   

Tractor

Comprehensive

  [***]   

Collision

  [***]   

Special Endorsements/Extensions

 

    OPCF/SEF 5 – Permission to Rent or Lease (as applicable to vehicle(s) leased to the Insured for a period in excess of 30 days where the Insured as the Lessee is responsible under a written lease agreement to insure the vehicle(s))

 

    OPCF/SEF 23A – Lienholder Protection as applicable to financed vehicles

 

    OPCF/SEF 44R – Family Protection (applies to all Private Passenger & Light Commercial vehicles only. Limit is the lesser of the Third Party Liability/Liability limit provided or [***])

 

    OPCF/SEF 20 – Coverage for Transportation Replacement (applies to all vehicles registered in the provinces of Ontario and Alberta)

 

    OPCF 21B – Blanket Basis Fleet (annual adjustment on a 50-50 basis)

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 16


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Mexican Automobile & Legal Assistance

Issued in Mexico

 

Insured Cott Corporation
Insurer Qualitas
Policy Number [***] (Vehicles), [***] (Trucks)
Policy Period [***]

 

 

Auto Liability

Coverages and Limits for Vehicles and Trucks

 

Property Damage

[***]

Total Robbery

[***]

Civil Liability

[***]

Civil Liability per Damage to Occupants

[***] only for vehicles and pick-ups until 2.5 tons (not trucks)

Medical Expenses (per Occupant)

[***] for Vehicles; [***] for Trucks

Legal Assistance

[***]

Trip Assistance

[***]

Nil Deductible in Case of Total Loss due to Property Damage or Total Robbery

[***] only for Vehicles (not Trucks)

Accidental Death for the Driver

[***]

Load Damages (trucks)

[***]

Crossed Civil Liability

[***]

Extension of Civil Liability, Legal & Trip Insurance, and Medical Expenses

[***] only for vehicles and pick-ups until 2.5 tons (not trucks), for all coverages mentioned

Deductibles for Vehicles and Trucks

 

Property Damage

[***]

Total Robbery

[***] for vehicles (with Identicar engraving) and [***] for trucks

Legal Assistance

Coverages, Special Services

 

Service of Call Center

  [***]   

Exclusive System for Claims Report

  [***]   

Coverages, Judicial

 

Legal Assistance in the Place of the Accident

  [***]   

Lawyers’ Fees, Covers, and Experts’ Reports

  [***]   

Victim’s Abandonment, in accordance with the established Penal Current Code

  [***]   

Transmission of Urgent Messages

  [***]   

Consultancy in Any Brach of Right

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 17


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Guarantees for the Emission of Deposits

  [***]   

Deposits and Cautions Procedural Obligations

  [***]   

Bail to Guarantee the Damages to Third, When the freedom of driver is in the way

  [***]   

Deposits and Cautions Pecuniary Sanction

  [***]   

Coverages, Legal Representation

 

Denunciations and Step for Entire Theft of the Vehicle

  [***]   

Consultancy to Recover Damages for Car Accident

  [***]   

Legal Assistance in Claims to the Insurer for Car Accident

  [***]   

Assistance for Liberation of Units Stopped by Theft or Accident

  [***]   

Legal Expenses, Payments for Certificated copies

  [***]   

Defense for Use and Property of Vehicle Stolen (Buy of Good Faith)

  [***]   

Legal Steps of Transfer in Case of Death of the Driver

  [***]   

Coverages, Audit and Pursuit in Workshops

 

Pursuit of the Repairs of the Damaged Units in Workshops

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 18


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Workers’ Compensation

Issued in the US

 

Insured Cott Corporation
Insurer

New Hampshire Insurance Company (AOS)

New Hampshire Insurance Company (CA)

New Hampshire Insurance Company (FL)

The Insurance Company of the State of Pennsylvania (MA)

New Hampshire Insurance Company (OH, WA, WI)

New Hampshire Insurance Company (IL, NC, UT)

New Hampshire Insurance Company (NJ, PA)

New Hampshire Insurance Company (GA, VA)

Policy Number [***] (AOS), [***] (CA), [***] (FL), [***] (MA), [***] (OH, WA, WI), [***] (IL, NC, UT), [***] (NJ, PA), [***] (GA, VA)
Policy Period [***]

 

 

Limits

 

Workers’ Compensation

  [***]   

Employer’s Liability by Accident (Each Accident)

  [***]   

Employer’s Liability by Disease (Each Employee)

  [***]   

Employer’s Liability by Disease (Policy Limit)

  [***]   

Deductibles/ Loss Limitation

 

[***]]

Endorsements and Extensions

 

Advance Notice of Cancellation or Non-Renewal by Us Extended

Alternate Employer

Amendment of Your Duties if Injury Occurs

Catastrophe (Other than Certified Acts of Terrorism) Premium Endorsement

Employers Liability Coverage Endorsement

Federal Employers Liability Act Coverage Endorsement

Limited Advice of Cancellation Provided via E-Mail to Entities Other than the Named Insured

Limited Maritime Endorsement

Longshore and Harbor Workers Compensation Act Coverage Endorsement

Loss Reimbursement Endorsement

Maritime Coverage Endorsement

Notice of Cancellation and Nonrenewal to Certificate Holder

Outer Continental Shelf Lands Act Coverage Endorsement

Premium Due Date Endorsement

Terrorism Risk Insurance Program Reauthorization Act Disclosure Endorsement

Unintentional Errors and Omissions

Voluntary Compensation and Employers Liability Coverage Endorsement

Voluntary Compensation Maritime Coverage Endorsement

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 19


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Waiver of Our Right to Recover from Others Endorsement

Ohio Workers Compensation Coverage Exclusion Endorsement

Non-Appropriated Fund Instrumentalities Act Coverage Endorsement

Notification of Change in Ownership Endorsement

Large Risk Rating Plan Endorsement

Retrospective Premium Endorsement

All Mandatory State Endorsements

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 20


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Foreign Voluntary Compensation/Employer’s Liability & Foreign Travel Accident/Sickness

Issued in the US

 

Insured Cott Corporation
Insurer The Insurance Company of the State of PA
Policy Number [***]
Policy Period [***]

 

 

Foreign Voluntary Compensation & Employer’s Liability Limits

 

Supplemental Repatriation Expense Per Person

  [***]   

Employer’s Liability Injury by Accident Each Accident

  [***]   

Employer’s Liability Injury by Disease Coverage Part Limit

  [***]   

Employer’s Liability Injury by Disease Each Employee

  [***]   

Foreign Travel Accident & Sickness

 

Coverage A – B: Accidental Death & Dismemberment (24 hour protection)

Principal Sum Insured, each Insured person or five times the insured person’s annual salary (whichever is lower)

  [***]   

Aggregate Limit

  [***]   

Coverage C: Accidental & Sickness Medical Expense

Covered Medical Expense, each Insured person each Injury/Sickness

  [***]   

Deductible per Insured person, per each Injury/Sickness

  [***]   

Coverage D: Emergency Medical Evacuation

Covered Expenses, each Insured person each Serious injury/sickness

  [***]   

Coverage E: Emergency Family Travel

Covered Expenses, each Insured person

  [***]   

Maximum for all Insured person(s) any one Accident/Sickness

  [***]   

Coverage F: Repatriation of Remains

Covered Expense, each Insured person

  [***]   

Maximum of all Insured person(s) any one Accident/Sickness

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 21


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Global Lead Umbrella

Master Policy Issued in the US

 

Insured Cott Corporation
Insurers

US- Commerce and Industry Insurance Company, Policy # [***]

Canada- AIG Insurance Company of Canada, Policy # [***]

Policy Period [***]

 

 

 

Limits of Liability

 

Each Occurrence

  [***]   

General Aggregate

  [***]   

Products and Completed Operations Aggregate

  [***]   

CrisisResponse Limit

  [***]   

Excess Casualty CrisisFund Limit

  [***]   

Excess of

 

    Master Global General Liability (contains a global extension endorsement that sits DIC/DIL over local admitted Mexico and UK GL and Auto policies)

 

    Employee Benefits Liability

 

    US Automobile Liability

 

    US Employer’s Liability

 

    Foreign Automobile Liability

 

    Foreign Employer’s Liability

 

    UK Employers Liability

 

    Canadian General Liability (Canada)

 

    Canadian Automobile Liability (Canada)

 

    Canadian Employee Benefits Liability (Canada)

 

    Canadian Employers Liability (Canada)

Self-insured Retention

 

[***]

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 22


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

1st Excess Liability

Issued in the US

 

Insured Cott Corporation
Insurer Federal Insurance Company (Chubb)

Policy Number

Layer

[***]

[***]

Policy Period [***]

 

 

Limits of Liability

 

Each Occurrence

  [***]   

Aggregate Limit

  [***]   

Products and Completed Operations Aggregate

  [***]   

Policy Form

Follow Form

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 23


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

2nd Excess Liability (Quote Share)

Issued in the US

 

Insured Cott Corporation
Insurer QBE Insurance Corporation

Policy Number

Layer

[***]

[***]

Policy Period [***]

 

 

Limits of Liability

 

Each Occurrence

  [***]   

Aggregate Limit

  [***]   

Products and Completed Operations Aggregate

  [***]   

Policy Form

Follow Form

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 24


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

2nd Excess Liability (Quote Share)

Issued in the US

 

Insured Cott Corporation
Insurer National Surety Corporation (Fireman’s Fund)

Policy Number

Layer

[***]

[***]

Policy Period [***]

 

 

Limits of Liability

 

Each Occurrence

  [***]   

Aggregate Limit

  [***]   

Policy Form

Follow Form

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 25


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Global Marine Cargo

Master Policy Issued in the US

 

Insured Cott Corporation
Insurer Federal Insurance Company
Policy Number [***]

Policy Period

Currency

[***]

US Dollars

 

 

Voyages Covered

World to world, but excluding shipments to or from countries which the Assured is legally prohibited from trading or where there is a legal or regulatory prohibition against providing insurance

Conveyances Covered

Metal-hulled self-propelled vessels, aircraft, and connecting conveyances by land, sea or air, including messenger, if required. Shipments aboard metal-hulled barges as the principal conveyance are also insured if a limit is shown in the Declaration.

Limits of Liability

 

Any one conveyance or in any one place at any one time

  [***]   

Except

Inland Transit for US and UK

  [***]   

On deck, subject to an on deck bill of lading

  [***]   

In any one package by mail or parcel post

  [***]   

Via messenger as a connecting conveyance

  [***]   

Aboard any one barge or any one tow as a principle conveyance

  [***]   

Capital Equipment (Cott to give notice to Chubb when aware of shipment)

  [***]   

Additional Coverage

Consolidation

  [***]   

Exhibitions

  [***]   

Extra Expense

  [***]   

Salespersons Samples

  [***]   

Deductible

 

Flat

  [***]   

Except

Inland Transit for US and UK

  [***]   

Capital Equipment

  [***]   

Additional Coverage:

Consolidation

  [***]   

Exhibitions

  [***]   

Extra Expense

  [***]   

Salespersons Samples

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 26


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Valuation

Invoice, Freight Advance + 10% except for inter-company shipments which will be Invoice, Freight Advance + 50%

Adjustment

25% Swing Clause

Profit Sharing

50/50/50

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 27


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Global Products Contamination

Issued in Canada

 

Insured Cott Corporation
Insurer AIG Insurance Company of Canada
Policy Number [***]

Policy Period

Currency

[***]

US Dollars

 

 

Coverage

 

    Accidental Contamination

 

    Malicious Product Tampering

 

    Product Extortion

 

    Rehabilitation Expenses

Territory

Worldwide

Limits of Liability

 

Accidental Contamination

Limit

  [***]   

Annual aggregate

  [***]   

Malicious Product Tampering

Limit

  [***]   

Annual aggregate

  [***]   

Product Extortion

Limit

  [***]   

Annual aggregate

  [***]   

Consultant and Advisor Costs (outside annual policy aggregate)

  [***]   

Policy aggregate

  [***]   

Sublimits

 

Rehabilitation Expense

  [***]   

Raw and Finished Stock (applicable to Accidental Contamination only)

  [***]   

Third Party Liability Damages

  [***]   

Deductible

 

Accidental Contamination, per event

  [***]   

Malicious Product Tampering, per event

  [***]   

Product Extortion, per event

  [***]   

Third Party Liability Damages

  [***]   

Special Endorsements/Extensions

 

    Adverse Publicity Endorsement

 

    Breakthrough Consulting Endorsement - at a rate of no more than [***] per hour for post incident consulting

 

    Broad Form Named Insured Endorsement

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 28


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Excess Global Products Contamination

Issued in Canada

 

Insured Cott Corporation
Insurer XL Insurance Company Ltd.
Policy Number [***]

Policy Period

Currency

[***]

US Dollars

Coverage

 

    Follow Form

Territory

Worldwide

Limits of Liability

 

Accidental Contamination

Limit

  [***]   

Annual aggregate

  [***]   

Malicious Contamination

Limit

  [***]   

Annual aggregate

  [***]   

Extortion

Limit

  [***]   

Annual aggregate

  [***]   

Overall Policy Aggregate

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 29


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Soft Drinks Crown Purchase Bond for West Virginia

 

Insured

Cott Beverages Inc.

5519 West Idlewild Avenue

Tampa, FL 33634

Insurer Fidelity & Deposit Company of Maryland

Bond Number

Obligee

[***]

State of West Virginia

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 30


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Cott Beverages West Limited Customs (Calgary AB)

 

Insured

Cott Beverages West Ltd.

4810 76th Ave. SE

Calgary, AB, T2C 2V2, Canada

Insurer Great American Alliance Insurance Company
Bond Number [***]
Obligee

Department of Homeland Security

U.S. Customs and Border Protection

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 31


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Georgia Alcohol Bond

 

Insured

Cott Beverages Inc.

1000 10th Ave.

Columbus, GA 31901-2617

Insurer Fidelity & Deposit Company of Maryland
Bond Number [***]
Obligee United States Department of the Treasury
Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 32


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Canadian Goods and Services Tax / Harmonized Sales Tax

 

Insured

Cliffstar LLC

5519 W. Idlewild Ave.

Tampa, FL 33634

Insurer Zurich Insurance Company Ltd.
Bond Number [***]
Obligee

Canada Revenue Agency

Windsor Tax Service Office

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 33


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- NY Department of Agriculture & Markets (NY Farm Products)

 

Insured

Cliffstar LLC

1 Cliffstar Ave

Dunkirk, NY 14048

Insurer Fidelity & Deposit Company of Maryland

Bond Number

Obligee

[***]

State of New York

Department of Agriculture & Markets

Division of Agricultural Protection & Development Services

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 34


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Department of Treasury US Customs

 

Insured

Cliffstar LLC

1 Cliffstar Ave

Dunkirk, NY 14048

Insurer Fidelity & Deposit Company of Maryland
Bond Number [***]
Obligee

US Customs and Border Protection

Department of Homeland Security

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 35


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Brewers’ Bond (TX)

 

Insured

Cott Beverages Inc.

5519 West Idlewild

Tampa, FL 33634

Insurer Fidelity & Deposit Company of Maryland
Bond Number [***]
Obligee

Department of The Treasury

Alcohol and Tobacco Tax and Trade Bureau

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 36


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Distilled Spirits Bond

 

Insured

Cott Beverages Inc.

5519 West Idlewild

Tampa, FL 33634

Insurer Fidelity & Deposit Company of Maryland
Bond Number [***]
Obligee

Department of The Treasury

Alcohol and Tobacco Tax and Trade Bureau

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 37


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Fee Interest Bond (Distiller’s & Rectifier’s Permit)

 

Insured

Cott Beverages Inc.

5519 West Idlewild

Tampa, FL 33634

Insurer Fidelity & Deposit Company of Maryland
Bond Number [***]
Obligee

State of Texas

Texas Alcoholic Beverage Commission

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 38


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Brewers’ Bond (WI)

 

Insured

Cott Beverages Inc.

5519 West Idlewild

Tampa, FL 33634

Insurer Fidelity & Deposit Company of Maryland
Bond Number [***]
Obligee

Department of The Treasury

Alcohol and Tobacco Tax and Trade Bureau

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 39


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Self Insurance Bond for Washington

 

Insured Cott Corporation
Insurer Fidelity & Deposit Company of Maryland
Bond Number [***]
Obligee

State of Washington

Dept. of Labor and Industries

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 40


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Surety- Self Insurance Bond for Missouri

 

Insured Cott Corporation and Cliffstar LLC
Insurer Fidelity & Deposit Company of Maryland
Bond Number [***]
Obligee

State of Missouri

Missouri Department of Labor And Industrial Relations

Policy Period [***]

 

 

 

Limit

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 41


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Employer’s Liability (UK)

Issued in the UK

 

Insured Cott Retail Brands Ltd and Subsidiary Companies (including Cott Beverages Limited, Cott UK Acquisitions Limited, Cott Acquisition Limited, Cooke Bros Holdings Limited, Calypso Soft Drinks Limited, Mr Freeze (Europe) Limited)
Insurer Zurich Insurance plc
Policy Number [***]

Policy Period

Currency

[***]

GBP

 

 

Cover

Indemnity against legal liability for damages and claimants’ costs and expenses in respect of Bodily Injury to any Employee caused during any Period of Insurance arising out of an in the course of employment and indemnity for costs of legal representation

Definition of Employee

 

    Person engaged under a contract of service or apprenticeship

 

    Person acting in the capacity of non executive director

 

    Equity partner

 

    Employee or director of any overseas subsidiary (or parent company) whilst working for or on behalf of the Insured in or from Great Britain, Northern Ireland, the Channel Islands or the Isle of Man

 

    Labor Masters and persons supplied by them, labor only subcontractors, self-employed persons, and drivers or operators of hired-in plant

 

    Persons engaged under work experience, training, study, exchange or similar schemes

 

    Any officer, member or voluntary helper of the organizations or services stated in the Business definition

 

    Voluntary workers, helpers or instructors

 

    Persons working under the Community Offenders Act 1978, the Community Offenders (Scotland) Act 1978 or similar legislation

 

    Employees elected on any industry users committee

 

    Outworkers or homeworkers employed under contracts to personally execute any work in connection with the Business whilst they are engaged in that work

 

    Any other person defined under Sections 35-(2) and 54-(3)(b) of the National Minimum Wage Act 1998

 

    Prospective employees who are being assessed by the Insured as to their suitability for employment

 

    Any person a Court of Law in the UK deems to be an employee

 

Limits of Indemnity

Offshore

  [***]   

Terrorism

  [***]   

Any Other Claim

  [***]   

Premium Basis

Clerical Staff Wages

  [***]   

Bottlers Wages

  [***]   

All Other Employees Wages

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 42


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

UK Automobile (Motor Fleet Insurance)

Issued in the UK

 

Insured Cott Retail Brands Ltd. and Subsidiary Companies
Insurer Zurich Insurance plc
Policy Number [***]
Policy Period [***]
Currency GBP

 

 

Cover

Policy covers legal liability arising out of the use of an Insured Vehicle in respect of damages and claimant’s costs and expenses arising from death or bodily injury and loss of or damage to property

Territorial Limits

Great Britain, Northern Ireland, the Isle of Man and the Channel Islands

Any member country of the European Union

Any other country which satisfies the insurance conditions of and is approved by the Commission of the European Union

Any other country for which the Company has been requested and has agreed to provide cover by the issue of an International Motor Insurance Green Card

Jurisdiction

English law and the decisions of English Courts

 

Policy Excesses (Each and Every Loss in Respect of)

Accidental Damage, Fire, Theft

  [***]   

Windscreen

  [***]   

Personal Effects

  [***]   

Limits of Liability

Death/Injury to any Person

  [***]   

Private Cars, Estate Cars, Utility Cars, Minibuses

  [***]   

Motorcycles, Motorcycle and Sidecar, Mopeds

  [***]   

All other Vehicles (Commercial vehicles)

  [***]   

Goods Carrying Vehicles ([***] for Vehicle carrying any goods which have to be carried in accordance with the Carriage of Dangerous Goods Regulations 2007)

  [***]   

Terrorism

  [***]   

Corporate Manslaughter Defense Costs

  [***]   

Medical Expenses

  [***]   

Uninsured Loss Recovery / Motor Prosecution Defense Costs

  [***]   

Personal Effects

  [***]   

Personal Accident Benefits

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 43


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Principal Extensions

The Insurance provided hereby is extended to cover:

 

    Personal Effects Limit [***]

 

    Driver Personal Accident, Death/Loss of Sight or Limb – Limit [***] Benefit

 

    Emergency Accommodation Costs – Limit [***] per person

 

    Loss or Theft of Keys (replacement of locks, keys, etc. following loss or theft of original keys)

 

    Medical Expenses – Limit [***]

 

    Occasional Business Use (vehicles belonging to or provided by employees being used on company business)

 

    Unauthorized Use (Vehicles used without your knowledge for purposes not allowed under the policy)

 

    Trailers and Attachments (cover whilst attached to/ detached from insured vehicles)

 

    Unlicensed Drivers (in circumstances where a license is not required by law)

 

    Vehicles in the custody of the motor trade for service or repair

Principal Exclusions

The cover afforded hereby specifically excludes the following:

 

    Contractual Liability

 

    Fines or Penalties

 

    Other Insurance- where any person is entitled to indemnity under any other policy (waived in respect to Occasional Business Use Extension)

 

    Rallies, Competitions, or Trials

 

    Riot and Civil Commotion (In Northern Ireland)

 

    Unauthorized Use or Driving (if with insured’s knowledge)

 

    Vehicles with trade plates off-road

 

    War

 

    Drivers under 25 in respect of Mercedes C220

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 44


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Engineering Inspection (UK)

Issued In the UK

 

Insured Cott Retail Brands Ltd. & Subsidiary Companies
Insurer Zurich Insurance plc
Policy Number [***]

Policy Period

Currency

[***]

GBP

 

 

Cover/Inspection Frequency

Inspection services for Lifting Equipment and Pressure Plants are provided in respect of the Plant, at intervals in accordance with statutory requirements

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 45


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Fixed Wiring Inspection (UK)

Issued In the UK

 

Insured Cott Retail Brands Ltd. & Subsidiary Companies
Insurer Zurich Insurance plc
Policy Number [***]

Policy Period

Currency

[***]

GBP

 

 

Cover/Inspection Frequency

Fixed wiring inspection services are provided in respect of the Plant, at intervals in accordance with statutory requirements.

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 46


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Pollution Policy

Master policy issued in the US

 

Insured Cott Corporation
Insurers & Policy Numbers

US - AIG Specialty Insurance Company, Inc.; Policy # [***]

Canada - AIG Insurance Company of Canada; Policy # [***]

UK – AIG Europe Limited, Policy # [***]

Policy Period [***]

 

Coverages for US & Canada

  

B: On-Site Clean-Up of New Conditions

D: Third Party Claims for Off-Site Clean-Up Resulting from New Conditions

E: Third Party Claims for Bodily Injury and Property Damage

F: Emergency Response Costs

G: Third Party Claims for Non-Owned Locations

H: Third Party Claims for Covered Operations

I: Third Party Claims Resulting from the Transportation of Cargo

J: Business Interruption Expenses

Limits (US)

Each Incident Limit

  [***]   

Coverage Section Aggregate Limit

  [***]   

Business Interruption

  [***]   

Emergency Response Costs, Each incident & in the aggregate

  [***]   

Policy Aggregate Limit

  [***]   

Limits (Canada)

Each Incident Limit

  [***]   

Coverage Section Aggregate Limit

  [***]   

Business Interruption

  [***]   

Emergency Response Costs, Each incident & in the aggregate

  [***]   

Policy Aggregate Limit

  [***]   

Limits (UK)

Each Incident Limit

  [***]   

Coverage Section Aggregate Limit

  [***]   

Policy Aggregate Limit

  [***]   

Business Interruption

  [***]   

Deductible (US, Canada, UK)

Each Incident

  [***]   

Business Interruption

  [***]   

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 47


* * * CONFIDENTIAL * * *

LOGO

Cott Corporation  

Program at A Glance 2014-2015  

 

 

 

Special Endorsements/Extensions

Underground Storage Tanks Endorsement for Columbus, GA location (11/22/2011 Retro Date)

Linking of Limits with Canada policy – [***] each incident, [***] aggregate limit

New Conditions Only Endorsement (11/22/11 Retro Date)

Biodiversity Coverage and Sublimit

Schedule of Insured Properties – per schedule on file with AIG

Retroactive Date Endorsement

 

 

 

This report is provided as a brief summary of your insurance coverages for quick reference purposes. Any questions relating to the interpretation of the coverage or limits of protection must be referred to the policy documents themselves. 48


* * * CONFIDENTIAL * * *

 

Annex 2 to Schedule 3.14

Description of all additional insurance maintained by or on behalf of the Water Group as of

the Amendment No. 5 Effective Date


* * * CONFIDENTIAL * * *

 

* The below policy digest is intended to be a quick reference guide and does not reflect all terms and conditions of the policy. Please refer to the original policy for complete coverage details.

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

      Loss Limit     [***]      
      Includes real, personal property, stock, EDP, Business Income/Extra Expense/Rents         [***] Property Damage
and Time Element
Combined except:
 

 

[***] Property

 

Property

[***]

 

 

MLP

[***]

 

 

Zurich North America

AM Best Rated A+ XV

 

 

- Earth Movement - all premises except below:

 

 

[***]

    [***] Except for locations
in CA ([***] value of the
property insured)
 

 

[***] Terrorism

     

 

- All premises in Zone 1, except California

   

 

[***]

   

 

[***]/unit of insurance
per location subj to
minimum of [***] @ all
locations

 

 

State Taxes and Fees:

[***]

      California     [***]     [***]/unit of insurance
per location subj to
minimum of [***] @ all
locations
 

 

Engineering Fees:

[***]


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

 

 

- All premises in the aggregate Zone 2

   

 

 

[***]

    [***]/unit of insurance per location subj to minimum of [***] @ all locations  

 

 

Total Premium:

[***]

     

 

 

- Flood for the total of all premises in aggregate

 

 

 

[***]

    [***] Any and All Locations - per occurrence  
     

- Flood: all premises in 500 yr plain but out of 100

  [***]     [***]  
     

- Flood- 100 year flood plain- Aggregate

    [***]     [***]  
     

- Named Storm Coverage - per occurrence

  [***]     [***]  
           

 

- Zone 1 Windstorm

  [***] per unit of insurance but not less than [***] for all premises in Zone 1  


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

           

- Zone 2 Windstorm

 

  [***] per unit of insurance but not less than [***] for all premises in Zone 2  
      Additional Sublimits          
     

- Accounts Receivable

    [***]      
     

- Computer Systems Damage (Annual Aggregate)

  [***]      
     

- Contingent Time Element other than Attraction

  [***]      
     

- Contingent Time Element - attraction properties

  [***]      
     

- Debris Removal

    [***]      
     

- Decontamination Costs

  [***]      
     

- Deferred Payments

  [***]      
     

- Errors and Omissions

    [***]      
     

- Expediting Costs

  [***]      
     

- Fine Arts

    [***]      
     

- Increased Cost of Construction and Demolition

  [***]      
     

- Land and Water Contaminant Cleanup

    [***]      
     

- Land Improvements

    [***]      


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

- Miscellaneous Personal Property

  [***]      
     

- Miscellaneous Unnamed Location

  [***]      
     

- Off Premises Service Interruption

    [***]      
     

- Professional Fees

    [***]      
     

- Tenants Prohibited Access

    [***]      
     

- Radioactive Contamination

    [***]      
     

- Tenants Prohibited Access

    [***]      
     

- Transit Property Damage and TE

    [***]      
     

- Valuable Papers & Records

    [***]      
     

- New Construction and Additions

    [***]      
     

- Off Premises Storage

    [***]      
      Breakdown of Equipment     [***]      
      Ammonia Contamination     [***]      
      Spoilage     [***]      
     

- Terrorism

    [***]      


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

      Additional sublimits apply   Additional deductibles & Waiting Periods may apply  

DIC (CA Only)

[***]

 

 

 

[***]

 

 

 

 

Liberty Surplus Ins. Corp. AM Best Rated A XV 50% Landmark American Ins. Co. AM Best Rated A XIII 50%

           

Renewal Premium:

[***]

               
     

 

Includes Buildings, Personal Property, BI including Extra Expenses, Rental Value, Stock, and Improvements and Betterments

    [***] XS of [***] Per Occurrence/Annual Aggregate as respects Earth Movement in California only   Earth Movement   [***] of the TIV at such unit of insurance or [***]  

Surplus Lines Taxes and Fees:

[***]

 

 

[***]

 

 

Westchester Surplus Lines Insurance Co.

AM Best Rated A+ XV

           
               

Renewal Premium:

[***]

 

     

 

Includes Buildings, Personal Property, BI including Extra Expenses, Rental Value, Stock, and Improvements and Betterments

   

 

[***] XS of [***] Per Occurrence/Annual Aggregate as respects Earth Movement in California only

  Earth Movement   [***] of the TIV at such unit of insurance or [***]  

Surplus Lines Taxes and Fees:

[***]


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

      Additional terms and exclusions apply      

Total DIC Premium:

[***]

General Liability

[***]

  [***]  

Safety National Casualty Corp.

AM Best Rated A XI

 

           
     

 

General Aggregate:

   

 

[***]

 

 

Per Occurrence- Self Insured Retention

 

 

[***]

 

 

Renewal Premium:

[***]

     

 

Prod/Comp Opps Aggregate:

   

 

[***]

     

 

State Surcharges:

[***]

     

 

Personal/Advertising Injury:

   

 

[***]

   

 

[***]

 

 

Total Premium:

[***]

     

 

Each Occurrence:

   

 

[***]

     
     

 

Damage to Premises Rented to You

   

 

[***]

   

 

[***]

 
     

 

Medical Expense:

   

 

[***]

     

 

25% deposit

     

 

Employee Benefit Liability - Each Employee Limit

   

 

[***]

     

 

Plus 9 installments

     

 

Employee Benefit Liability - Aggregate Limit

 

 

[***]

 

 

Retro Date 11/7/06

   


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

- 90 Days Notice of Cancellation

         
      Broad Form Named Insured          
      Waiver of Subrogation          
      Based upon Gross Receipts     [***]      
      Total Pollution Exclusion Except Building Heating and Cooling and Hostile Fire          
      Nuclear Energy Liability Exclusion          
      Fungi or Bacteria Exclusion          
      Asbestos Exclusion          
      Emp related practices exclusion          
      ERISA Exclusion          
      Amended Definition of Bodily Injury          
      Per Location Aggregate (Subject to [***] Cap)        
      Batch Clause          
      Knowledge of Occurrence          
      Co-Employee Exclusion Deleted          
      Notice of Occurrence          
      Unintentional Errors and Omissions          


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

      Includes 10% swing clause          
     

 

Additional terms and exclusions apply

     

Auto

[***]

 

 

[***]

 

 

Safety National Casualty Corp.

AM Best Rated A XI

 

           
      Liability (Symbol 1)     [***]   Per Accident   [***]  

Renewal Premium:

[***]

     

 

PIP: - Symbol 5- Minimum required by law

   

 

[***]

     

 

State Surcharges:

[***]

     

 

Medical Payments (Symbol 2)

   

 

[***]

     

 

Total Premium:

[***]

     

 

UM / UIM (Symbol 2)

   

 

[***]

     
     

 

Physical Damage

       

 

[***]

 
     

 

Comp/Collision (Symbol 8 Hired autos)

   

 

[***] or [***] which is less

     

 

25% deposit

     

- Mandatory State Endorsements

          Plus 9 installments
     

- UM/UIM Anti-Stacking Endorsement

         
     

- Additional Insured Endorsement

          premium adjusted at audit
     

- Knowledge of Occurrence Endorsement

          [***] per unit, [***] units


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

- Lessor: AI and Loss Payee

         
     

- Waiver of Subrogation

         
     

- Nuclear Energy Liability Exclusion

         
     

- Drive Other Car Coverage

         
     

- Fellow Employee Exclusion Deleted

         
     

- Rental Coverage (30 Days at $50/day)

         
     

- Hired Car Physical Damage

         
     

- Swing Clause

         
     

- The following unit types are covered at no charge for auto liability (Spares, To Be Solds, Forklifts, Yard Dogs, Scrubbers, Sweepers, and Swampers)

         
     

- Employee as Insureds

       
     

- Pollution Coverage (PP Vehicles Only)

       
     

Composite Rated based upon:

    2869      
     

- Lease Gap Coverage

         


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

- Unintentional Errors and Omissions

         
     

 

Additional terms and exclusions apply

     

Umbrella

[***]

 

 

[***]

 

 

National Union Fire Ins. Co. (AIG)
AM Best Rated A XV

 

 

 

 

Each Occurrence

   

 

[***]

 

 

Self Insured Retention:

 

 

[***]

 

 

Total Premium: [***]

     

 

General Aggregate

    [***]      
     

 

Products/Completed Operations Aggregate

    [***]      
     

 

Crisis Response- Limit of Insurance

    [***]      
     

 

Excess Casualty Crisis Fund Limit of Insurance

  [***]      
     

 

Underlying:

         
     

 

General Liability, Foreign GL, Auto- Owned and Buffer

       
     

 

Employers Liability, Employee Benefits Liability

       
     

 

Coverage Extensions/Conditions/Limitations

       
     

 

- Crisis Response Coverage Enhancement Endt

       
     

 

- Coverage Territory Endorsement

         


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

- Employers Liability/Stop Gap Limitation Endt.

       
     

- Bacteria Exclusion Endorsement

       
     

- Fungus Exclusion with Edible Goods or Product Exception in insured’s products are not excluded)

       
     

- Lot or Batch Limitation

       
     

- Knowledge or Occurrence Endorsement

       
     

- Discrimination Limition Endorsement

       
      Additional terms and exclusions apply      

Excess Umbrella

[***]

  [***]   Continental Casualty Company  

 

Per Occurrence

 

 

[***] X of [***]

     

 

Total Premium: [***]

     

 

General Aggregate

 

 

[***] X of [***]

     
     

 

Follows Form of Primary Umbrella

       
     

 

Major Exclusions

       
     

 

-Asbestos

       


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

- Pollution (coverage included for hostile fire, building heating equipt, upset & overturn)

       
     

- Nuclear, Biological or Chemical Terrorism

       
     

- Intellectual Property

       
     

- Crisis Management, Response

       
      Additional terms and exclusions apply      
      Premium is 25% minimum earned- no flat cancellations        

Excess Umbrella

[***]

  [***]   Great American AM Best Rated A XIV          
     

 

Per Occurrence

 

 

[***] X of [***]

     

 

Renewal Premium: [***]

     

 

General Aggregate

 

 

[***] X of [***]

     

 

Terrorism: [***]

     

 

Follows Form of Primary Umbrella

       

 

Total Premium: [***]

     

 

Major Exclusions

       
     

 

-Asbestos

       
     

 

- Pollution (coverage included for hostile fire, building heating equipt, upset & overturn)

       


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

- Nuclear, Biological or Chemical Terrorism

       
     

- Intellectual Property

       
     

- Crisis Management, Response

       
     

 

Additional terms and exclusions apply

     
      Premium is 25% minimum earned- no flat cancellations        

Excess Umbrella

[***]

  [***]  

Fireman’s Fund

AM Best Rated A XV

 

 

Per Occurrence

 

 

[***] X of [***]

     

 

Total Premium: [***]

     

 

General Aggregate

 

 

[***] X of [***]

     
     

 

Follows form with Lead

       
     

 

Additional terms and exclusions apply

     

Excess Auto

[***]

  [***]   Philadelphia Insurance Companies           Premium: [***]
     

 

Each Occurrence

 

 

[***] xs Primary Auto

     

 

Surplus Lines Taxes and Fees: [***]

     

 

General Aggregate

 

 

[***] xs Primary Auto

     

 

Total Premium: [***]

 

Workers’ Compensation

[***]

 

 

[***]

[***]

[***]

 

 

Safety National Casualty Corp.

AM Best Rated A XI

 

 

Workers’ Compensation

 

 

Statutory

 

 

Deductible

 

 

[***]

 

 

Renewal Premium: [***]


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

      Employers Liability         State Surcharge: [***]
     

-Bodily Injury by Accident- Ea Accident

  [***]       Total Premium: [***]
     

-Bodily Injury by Disease- Policy Limit

  [***]      
     

-Bodily Injury by Diseases- Ea Employee

  [***]      
      Based upon payroll of [***]        
      Rate per [***] Payroll: [***]        
      Note: Premium is 85% Minimum and Deposit        
      Total estimated payroll [***]        
      Notable Endorsements        
     

- All states except OH, ND, WA, & WY

       
     

- Terrorism/ Domestic Terrorism

       
     

- Voluntary Compensation - All Other States

  State of Hire benefits      
     

- Voluntary Compensation - California only

  State of Hire benefits      
     

- Foreign Voluntary WC and Emp Liability

  US and Non-US Citizens      
     

- Waiver of Subrogation

       


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

     

- US Longshore and Harbor Workers Compensation Act

  Provided on “If Any” Basis      
     

- Swing Clause

       
      Additional terms and exclusions apply      

Flood Insurance

[***]

Fort Lauderdale location:

[***]

 

 

[***]

 

 

American Bankers

 

 

-2779 Northwest 112th Avenue, Doral, FL

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 2545 S Ferre St, Kansas City, KS

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 11485 Reiger Rd, Baton Rouge, LA

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 3418 Howard St, New Orleans, LA

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 45 Noblestown Rd, Carnegie, PA

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 1313 Pacific Dr, Burlington, WA

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 21605 85th Ave, Kent, WA

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 11811 Highway 67, Lakeside, CA

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 1522 N Newhope St, Santa Ana, CA

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]

 

 

[***]

 

 

American Bankers

 

 

- 5331 NW 35th Terrance, Fort Lauderdale, FL

 

 

[***]

 

 

Per Occurrence

 

 

[***]

 

 

[***]


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

              Total Premium:
      Terms:         [***]
     

-National Flood Program does not provide:

Business Income, Rents, Extra Expense

       
     

-Coverage on an Actual Cash Value Basis- not replacement Cost

       
     

- 80% Coinsurance Applies

       
      Additional terms and exclusions apply      
Ocean Cargo   [***]  

AGCS Marine Insurance Company (Allianz)

AM Best Rated A+ XV

 

 

Any One Vessel

 

 

[***]

   

 

[***]

 

 

Total Premium: [***]

     

 

Any One Aircraft

 

 

[***]

     
     

 

Any One Package Shipped by Government, Private Mail, or Parcel Post

 

 

[***]

     
     

 

Commodity- Water coolers, parts properly packed and containerized

       


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

      Valuation- Cost + Freight + 10% (selling price can be added)          
      Voyage - World to World (regular carriers)          
      Perils- All risk subject to policy exclusions          
     

- War, Strike, Riots, Civil Commotion

         
      Terrorism Coverage          
      Additional terms and exclusions apply        

Directors & Officers, Employment Practices and Fiduciary Liability

[***]

  [***]   Arch Insurance Company  

 

Coverage Effective [***] to [***]

         
     

 

Directors & Officers Liability Limit

   

 

[***]

   

 

Insuring Agreement A

 

 

[***]

 

 

Total Premium: [***]

       

 

Additional Limit for Claims against Insured Persons

 

 

[***]

   

 

Insuring Agreement B

 

 

[***]

 
             

 

Insuring Agreement C

 

 

[***]

 
     

 

Employment Practices Liability

   

 

[***]

     

 

[***]

 


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

        Third Party   [***]     [***]  
      Fiduciary Liability     [***]     [***]  
        Settlement Program   [***]      
      Additional terms and exclusions apply          

Excess Directors & Officers Liability

[***]

 

[***]

  Ace American Insurance Company  

 

Coverage Effective [***] to [***]

       
     

 

Directors & Officers Excess Limit of Liability

   

 

[***]

   

 

Underlying [***]        

 

 

Total Premium: [***]

     

 

Additional terms and exclusions apply

         

Excess Directors & Officers Liability

[***]

  [***]   AXIS Insurance Company  

 

Coverage Effective [***] to [***]

       
     

 

Directors & Officers Excess Limit of Liability

   

 

[***]

   

 

Underlying [***]        

 

 

Total Premium: [***]


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

      Additional terms and exclusions apply        

Excess Directors & Officers Side A Liability

[***]

  [***]   Illinois National Insurance Company (AIG)  

 

Coverage Effective [***] to [***]

       
     

 

Limit of Liability

 

 

[***]

   

 

Underlying [***]        

 

 

Total Premium: [***]

     

 

Additional terms and exclusions apply

       

Excess Fiduciary Liability

[***]

  [***]   AXIS Insurance Company  

 

Coverage Effective [***] to [***]

       
     

 

Limit of Liability

 

 

[***]

   

 

Underlying [***]        

 

 

Total Premium: [***]

     

 

Additional terms and exclusions apply

       


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

Excess Fiduciary Liability

[***]

  [***]   ACE American Insurance Company   Coverage Effective [***] to [***]        
     

 

Limit of Liability

   

 

[***]

   

 

Underlying [***]        

 

 

Total Premium: [***]

     

 

Additional terms and exclusions apply

         

Crime Insurance

[***]

  [***]   Massachusetts Bay Insurance Company (Hanover)  

 

Coverage Effective [***] to [***]

       
     

 

Limit of Liability

       

 

[***]

 

 

Total Premium: [***]

       

 

Employee Theft

 

 

[***]

   

 

[***]

 
       

 

Forgery or Alteration

 

 

[***]

   

 

[***]

 
       

 

Inside the Premises - Theft of Money and Securities

 

 

[***]

   

 

[***]

 
        Inside the Premises - Robbery or Safe Burglary of Other Property   [***]     [***]  
       

 

Outside the Premises

 

 

[***]

   

 

[***]

 


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

        Computer Fraud   [***]     [***]  
        Funds Transfer Fraud   [***]     [***]  
        Money Orders and Counterfeit Money   [***]     [***]  
        Credit, Debit or Charge Card Forgery   [***]     [***]  
        Clients Property   [***]     [***]  
       

 

Destruction of Electronic Data

 

 

[***]

   

 

[***]

 
        Expenses Incurred   [***]      
      Additional terms and exclusions apply          

Media & Cyber Liability [***]

  [***]   Illinois Union Insurance Company (ACE)   Coverage Effective [***] to [***]        
     

 

Limit of Liability

   

 

[***]

   

 

[***]

 

 

Total Premium: [***]

       

 

Electronic Media Activities Liability

 

 

[***]

   

 

[***]

 
       

 

Network Securities Liability

 

 

[***]

   

 

[***]

 
       

 

Privacy Liability

 

 

[***]

   

 

[***]

 
       

 

Data Breach Fund

 

 

[***]

   

 

[***]

 


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

        Network Extortion Liability   [***]     [***]  
        Regulatory Proceeding Sublimit   [***]     [***]  
     

 

Additional terms and exclusions apply

         
Excess Media & Cyber Liability [***]   [***]   AIG Specialty Insurance Company  

 

Coverage Effective [***] to [***]

       
     

 

Limit of Liability

   

 

[***]

   

 

Underlying [***]        

 

 

Total Premium: [***]

     

 

Additional terms and exclusions apply

         
Pollution Liability [***]   [***]   Admiral Insurance Company  

 

Coverage Effective [***] to [***]

       
     

 

Limit of Liability

   

 

[***] per occurrence

    [***]  

 

Total Premium: [***]

         

 

[***] Aggregate

     


* * * CONFIDENTIAL * * *

 

Coverage Line

 

Policy Number

 

Carrier

 

Limits

 

Deductible

 

Estimated Premium

      SIR     [***]      
     

 

Additional terms and exclusions apply

         


* * * CONFIDENTIAL * * *

 

Schedule 3.15

Capitalization and Subsidiaries

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

156775 Canada Inc.

   Cott Corporation Corporation Cott/100%    Corporation    1 common share    1 common share

2011438 Ontario Limited

   Cott Corporation Corporation Cott/100%    Corporation    1 common share    1 common share

804340 Ontario Limited

   Cott Corporation Corporation Cott/100%    Corporation    1 common share    1 common share

967979 Ontario Limited

   Cott Corporation Corporation Cott/100%    Corporation   

a) 10,088,608 common shares

 

b) 800,000 Junior Preference shares

 

c) No Senior Preference shares

  

a) 10,088,608 common shares

 

b) 800,000 Junior Preference shares

 

c) No Senior Preference shares

AD Personales, S.A. de C.V.

  

Mexico Bottling Services, S.A. de C.V. 50%

 

Servicios Generales de México, S.A. de C.V. 50%

   Limited liability corporation of variable capital   

a) 25,000 Class I Shares

 

b) 25,000 Class I Shares

  

a) 25,000 Class I Shares - Mexico Bottling Services, S.A. de C.V.

 

b) 25,000 Class I Shares - Servicios Generales de México, S.A. de C.V.

Aimia Foods Holdings Limited

   Cott Ventures Limited/100%    Private company limited by shares    500,000 ordinary shares    500,000 ordinary shares

Aimia Foods Group Limited

   Aimia Foods Holdings Limited/100%    Private company limited by shares    250,000 ordinary shares    250,000 ordinary shares


* * * CONFIDENTIAL * * *

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

Aimia Foods EBT Company Limited

   Aimia Foods Holdings Limited/100%    Private company limited by shares    1 ordinary share    1 ordinary share

Aimia Foods Limited

   Aimia Foods Group Limited/100%    Private company limited by shares    800 ordinary shares    800 ordinary shares

Calypso Soft Drinks Limited

   Cooke Bros (Tattenhall) Limited    Private company limited by shares    100 ordinary shares    100 ordinary shares

Caroline LLC

   Cott Corporation Corporation Cott/100%    Limited liability company    N/A    N/A

Cliffstar LLC

   Cott Acquisition LLC/100%    Limited liability company    507,526,030 LLC interests    507,526,030 LLC interests

Cooke Bros Holdings Limited

   Cott Developments Limited/100%    Private company limited by shares    55,000 ordinary shares    55,000 ordinary shares

Cooke Bros (Tattenhall) Limited

   Cooke Bros Holdings Limited/100%    Private company limited by shares    500,000 ordinary shares    500,000 ordinary shares

Cott (Barbados) IBC Ltd.

   Cott Corporation Corporation Cott/100%    International business company    100 common shares    100 common shares

Cott (Hong Kong) Limited

   Cott (Barbados) IBC Ltd./100%    Private limited liability company (limited by shares)    1 ordinary share of US$1.00 each    1 ordinary share of US$1.00 each

Cott (Nelson) Limited

   Cott Nelson (Holdings) Limited/100%    Private company limited by shares    88,751 ordinary £1 shares    88,751 ordinary £1 shares

Cott Acquisition Limited

   Cott UK Acquisition Limited/100%    Private company limited by shares    265,732,801 ordinary shares £1 shares    265,732,801 ordinary shares £1 shares


* * * CONFIDENTIAL * * *

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

Cott Acquisition LLC

  

Cott Acquisition Limited/82%

 

Cott U.S. Acquisition LLC/18%

   Limited liability company   

a) 415,000,085 LLC interests

 

b) 92,256,045 LLC interests

  

a) 415,000,085 LLC interests – Cott Acquisition Limited

 

b) 92,256,045 LLC interests – Cott U.S. Acquisition LLC

Cott Beverages Inc.

   Cott Holdings Inc./100%    Corporation   

a) 59,500,000 shares of Class A Common Stock

 

b) 152,001,794.519 shares of Class B Common Stock

  

a) 59,500,000 shares of Class A Common Stock

 

b) 152,001,794.519 shares of Class B Common Stock

Cott Beverages Limited

   Cott Retail Brands Limited/100%    Private company limited by shares    94,808,317 ordinary shares    94,808,317 ordinary shares

Cott Corporation Corporation Cott

   Public Company    Corporation    N/A   

a) 93,736,940 common shares

 

b) 116,054.421 shares of Series A Convertible Preferred

 

c) 32,711.306 shares of Series B Non-Convertible Preferred

Cott Developments Limited

   Cott Beverages Limited    Private company limited by shares    1 ordinary share    1 ordinary share

Cott do Brasil Industria, Comercio, Importacao e Exportacao de Bebidas e Concentrados Ltda

  

a) Cott Corporation Corporation Cott/99% and

 

b) 804340 Ontario Limited/1%

   Limited liability company   

a) 1,270,269 quotas

 

b) 12,831 quotas

  

a) 1,270,269 quotas

 

b) 12,831 quotas


* * * CONFIDENTIAL * * *

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

Cott Embotelladores de Mexico, S.A. de C.V.

  

Cott Corporation

 

Corporation Cott/99.375%

 

Embotelladora de Puebla, S.A. de C.V./0.625%

   Limited liability corporation of variable capital   

a) 1 Series I, Class A Share

 

b) 49,999 Series I, Class B Shares

 

c) 399,999 Series II, Class A Shares

 

d) 3,550,001 Series II, Class B Shares

 

e) 60,000,000 Series II, Class C Shares

  

a) 1 Series I, Class A Share - Embotelladora de Puebla, S.A. de C.V.

 

b) 49,999 Series I, Class B Shares - Cott Corporation

 

Corporation Cott

 

c) 399,999 Series II, Class A Shares -Embotelladora de Puebla, S.A. de C.V.

 

d) 3,550,001 Series II, Class B Shares – Cott Corporation Corporation Cott

 

e) 60,000,000 Series II, Class C Shares –

 

Cott Corporation Corporation Cott

Cott Europe Trading Limited

   Cott Retail Brands Limited/100%    Private company limited by shares    1,860,709 ordinary £1 shares    1,860,709 ordinary £1 shares


* * * CONFIDENTIAL * * *

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

Cott Holdings Inc.

   Cott Beverages Limited/100%    Corporation   

a) 182 common shares

 

b) 696 Class A preferred shares

 

c) 2 Class B preferred shares

 

d) 42 Class C preferred shares

  

a) 182 common shares

 

b) 696 Class A preferred shares

 

c) 2 Class B preferred shares

 

d) 42 Class C preferred shares

Cott International SRL

  

Cott Investment, L.L.C./99%

 

Cott International Trading Ltd./1%

   International society with restricted liability   

a) 99 common quotas

 

b) 1 common quota

  

a) 99 common quotas

 

b) 1 common quota

Cott International Trading Ltd.

   Cott Corporation Corporation Cott/100%    International business company    53,878,575 common shares    53,878,575 common shares

Cott Investment, L.L.C.

  

Cott Corporation Corporation Cott /90%

 

804340 Ontario Limited/10%

   Limited liability company   

LLC interest/90%

 

LLC interest/10%

  

LLC interest/90%

 

LLC interest/10%

Cott IP Holdings Corp.

   Cott Beverages Inc./100%    Corporation    100 shares    100 shares

Cott Limited

   Cott Retail Brands Limited/100%    Private company limited by shares   

a) 3,810,800 ‘A’ ordinary shares of 10 pence each

 

b) 1,445,476 preferred ordinary shares of 10 pence each

 

c) No preference shares

  

a) 3,810,800 ‘A’ ordinary shares of 10 pence each

 

b) 1,445,476 preferred ordinary shares of 10 pence each

 

c) No preference shares


* * * CONFIDENTIAL * * *

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

Cott Luxembourg S. a r. l.

  

Cott Beverages Limited/0.000047%

 

Cott Retail Brands Limited/99.99%

   Private company limited by shares   

a) 2 ordinary shares

 

b) 4,260,646 ordinary shares

  

a) 2 ordinary shares- Cott Beverages Limited

 

b) 4,260,646 ordinary shares- Cott Retail Brands Limited

Cott Maquinaria y Equipo, S.A. de C.V.

  

Cott Embotelladores de México, S.A. de C.V. / 0.0019%

 

Cott Corporation / 97.49%

 

Embotelladora Puebla, S.A. de C.V. / 2.50%

   Limited liability corporation of variable capital   

a) 1 Series “A” Share

 

b) 49,999 Series “A” Share

 

c) 1,283 Series “B” Shares

  

a) 1 Series “A” Share

- Cott Embotelladores de México, S.A. de C.V.

 

b) 49,999 Series “A” Share - Cott Corporation

 

c) 1,283 Series “B” Shares – Cott Embotelladora de Puebla, S.A. de C.V.

Cott NE Holdings Inc.

   Northeast Finco Inc./100%    Corporation    100 shares    100 shares

Cott Nelson (Holdings) Limited

   Cott Beverages Limited/100%    Private company limited by shares    162,669 ordinary £1 shares    162,669 ordinary £1 shares

Cott Private Label Limited

   Cott Beverages Limited/100%    Private company limited by shares   

a) 25,000 ‘A’ ordinary shares

 

b) 221,469 ‘B’ ordinary shares

 

c) 753,531 ‘C’ ordinary shares

  

a) 25,000 ‘A’ ordinary shares

 

b) 221,469 ‘B’ ordinary shares

 

c) 753,531 ‘C’ ordinary shares

Cott Retail Brands Limited

   Cott Corporation Corporation Cott/100%    Private company limited by shares    60,918,341 ordinary £1 shares    60,918,341 ordinary £1 shares


* * * CONFIDENTIAL * * *

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

Cott Retail Brands Netherlands BV

   Cott Retail Brands Limited    Limited liability company    400 ordinary shares    400 ordinary shares

Cott UK Acquisition Limited

   Cott Beverages Inc./100%    Private company limited by shares    131,088,002 ordinary £1 shares    131,088,002 ordinary £1 shares

Cott USA Finance LLC

   Cott Corporation Corporation Cott/100%    Limited liability company    2,597,378 LLC interests    2,597,378 LLC interests

Cott U.S. Acquisition LLC

   Cott Beverages Inc./100%    Delaware limited liability company    72,526,130 LLC interests    72,526,130 LLC interests

Cott Vending Inc.

   Cott Beverages Inc./100%    Corporation    1,000 shares    1,000 shares

Cott Ventures Limited

   Cott Ventures UK Limited/100%    Private company limited by shares    3 ordinary shares    3 ordinary shares

Cott Ventures UK Limited

  

a) Cott Beverages Limited/100% of Ordinary A Shares

 

b) Cott Beverages Inc./100% of Ordinary B Shares, 100% of Voting Preferred Stock

   Private company limited by shares   

a) 2 Ordinary A Shares

 

b) 2 Ordinary B Share

 

c) 42,492,227 Voting Preferred Stock

  

a) 2 Ordinary A Shares

 

b) 2 Ordinary B Share

 

c) 42,492,227 Voting Preferred Stock

Crystal Springs of Alabama Holdings, LLC

   DS Services of America, Inc./100%    Limited Liability Company    N/A- membership interests    N/A

DS Services Holdings, Inc.

   DSS Group, Inc./100%    Corporation    199 shares of common stock    199 shares of common stock

DS Services of America, Inc.

   DS Services Holdings, Inc./100%    Corporation    199 shares of common stock    199 shares of common stock

DSS Group, Inc.

   Cott Beverages Inc.    Corporation    100 shares of common stock    100 shares of common stock

Interim BCB, LLC

   Cott Beverages Inc./100%    Limited liability company    None – Single Member Limited Liability Company    None – Single Member Limited Liability Company


* * * CONFIDENTIAL * * *

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

Jay Juice Limited

   Cooke Bros (Tattenhall) Limited    Private company limited by shares   

a) 1,000 deferred shares

 

b) 1,000 ordinary shares

 

c) 273,000 preferred shares

  

a) 1,000 deferred shares- Cooke Bros (Tattenhall) Limited

 

b) 1,000 ordinary shares- Cooke Bros (Tattenhall) Limited

 

c) 273,000 preferred shares- Cooke Bros (Tattenhall) Limited

Mexico Bottling Services, S.A. de C.V.

  

2011438 Ontario Limited/2%

 

804340 Ontario Limited/98%

   Limited liability corporation of variable capital   

a) 1 Class I Share

 

b) 49 Class I Shares

  

a) 1 Class I Share -2011438 Ontario Limited

 

b) 49 Class I Shares - 804340 Ontario Limited

Mr. Freeze (Europe) Limited

   Cooke Bros Holdings Limited/100%    Private company limited by shares    100,000 ordinary shares    100,000 ordinary shares

Northeast Finco Inc.

   Cott Beverages Inc./100%    Corporation    100 common shares    100 common shares

Northeast Retailer Brands LLC

  

Cott NE Holdings Inc./51%

 

Polar Corp./48%

 

Adirondack Beverages Corp./1%

   Limited liability company    100 Limited Liability Company Interests    100 Limited Liability Company Interests


* * * CONFIDENTIAL * * *

 

Exact Legal Name

of Entity

  

Record Owner

(Beneficial Owner if
Different)

  

Type of Entity

  

Number of

Shares or

Interests Owned

  

Number of

Shares of

Interests

Outstanding

Servicios Gerenciales de Mexico, S.A. de C.V.

  

2011438 Ontario Limited/2%

 

804340 Ontario Limited/98%

   Limited liability corporation of variable capital   

a) 1 Class I Share

 

b) 49 Class I Shares

  

a) 1 Class I Shares - 2011438 Ontario Limited

 

b) 49 Class I Shares - 804340 Ontario Limited

Star Real Property, LLC

  

Cliffstar LLC/99%

Cott Acquisition LLC/1%

   Limited liability company   

a) 7,920,000 LLC interests

 

b) 80,000 LLC interests

  

a) 7,920,000 LLC interests - Cliffstar LLC

 

b) 80,000 LLC interests - Cott Acquisition LLC

Stockpack Limited

   Aimia Foods Group Limited/100%    Private company limited by shares    6 ordinary shares    6 ordinary shares

Tip Top Soft Drinks Limited

   Cooke Bros (Tattenhall) Limited    Private company limited by shares    1 ordinary share    1 ordinary share

Total Water Solutions Limited

   Cooke Bros (Tattenhall) Limited    Private company limited by shares    100 ordinary shares    100 ordinary shares

TT Calco Limited

   Cooke Bros (Tattenhall) Limited    Private company limited by shares    10,000 ordinary shares    10,000 ordinary shares


* * * CONFIDENTIAL * * *

 

Schedule 3.16

Jurisdictions for Filings and Mortgages

 

Type of Filing

  

Entity

  

Applicable Collateral

Document [Mortgage,

Security Agreement or

Other]

  

Jurisdictions and Filing

Offices

PPSA    156775 Canada Inc.    Security Agreement    Ontario
UCC    156775 Canada Inc.    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
Security Instrument    156775 Canada Inc. on behalf of Cott Corporation Cott as beneficial holder    Debenture, Deed of Hypothec, Assignment of Rents    Alberta, Quebec and Ontario
PPSA    2011438 Ontario Limited    Security Agreement    Ontario
UCC    2011438 Ontario Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
PPSA    804340 Ontario Limited    Security Agreement    Ontario
UCC    804340 Ontario Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
PPSA    967979 Ontario Limited    Security Agreement    Ontario
UCC    967979 Ontario Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Aimia Foods EBT Company Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Aimia Foods Group Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Aimia Foods Holdings Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Aimia Foods Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Calypso Soft Drinks Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Caroline LLC    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Cliffstar LLC    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Cooke Bros (Tattenhall) Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cooke Bros Holdings Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott (Nelson) Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Acquisition Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Acquisition LLC    UCC-1 Financing Statement    Delaware Secretary of State


* * * CONFIDENTIAL * * *

 

Type of Filing

  

Entity

  

Applicable Collateral

Document [Mortgage,

Security Agreement or

Other]

  

Jurisdictions and Filing

Offices

UCC    Cott Beverages Inc.    UCC-1 Financing Statement    Georgia Secretary of State
UCC    Cott Beverages Inc.    UCC-1 Fixture Financing Statement    St. Louis County Recorder of Deeds
UCC    Cott Beverages Inc.    UCC-1 Fixture Financing Statement    New Madrid County Recorder of Deeds
UCC    Cott Beverages Inc.    UCC-1 Fixture Financing Statement    Bexar County Clerk
UCC    Cott Beverages Inc.    UCC-1 Fixture Financing Statement    San Bernardino County Clerk and Recorder
UCC    Cott Beverages Inc.    UCC-1 Fixture Financing Statement    Delaware County Recorder of Deeds
UCC    Cott Beverages Inc.    UCC-1 Fixture Financing Statement    Chautauqua County Clerk
Mortgage    Cott Beverages Inc.    Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing    St. Louis County Recorder of Deeds
Mortgage    Cott Beverages Inc.    Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing    New Madrid County Recorder of Deeds
Mortgage    Cott Beverages Inc.    Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing    Bexar County Clerk
Mortgage    Cott Beverages Inc.    Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing    San Bernardino County Clerk and Recorder
Mortgage    Cott Beverages Inc.    Mortgage    Delaware County Recorder of Deeds
Mortgage    Cott Beverages Inc.    Mortgage    Chautauqua County Clerk
UCC    Cott Beverages Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
PPSA and RDPRM   

Cott Corporation

Corporation Cott

   Security Agreement and Hypothec    Ontario, British Columbia, Alberta, Quebec, New Brunswick and Nova Scotia
UCC   

Cott Corporation

Corporation Cott

   UCC-1 Financing Statement    District of Columbia Recorder of Deeds


* * * CONFIDENTIAL * * *

 

Type of Filing

  

Entity

  

Applicable Collateral

Document [Mortgage,

Security Agreement or

Other]

  

Jurisdictions and Filing

Offices

Security Instrument   

Cott Corporation

Corporation Cott

   Debenture, Deed of Hypothec, Assignment of Rents    Alberta, Quebec and Ontario
UCC    Cott Developments Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Europe Trading Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Holdings Inc.    UCC-1 Financing Statement    Delaware Secretary of State
PPSA    Cott Holdings Inc.    Security Agreement    Ontario
UCC    Cott Investment, L.L.C.    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Cott Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Luxembourg S. a r. l.    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Nelson (Holdings) Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Private Label Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Retail Brands Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott U.S. Acquisition LLC    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Cott UK Acquisition Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott USA Finance LLC    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Cott Vending Inc.    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Cott Ventures Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Cott Ventures UK Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Crystal Springs of Alabama Holdings, LLC    UCC-1 Financing Statement    Delaware Secretary of State
UCC    DS Services Holdings, Inc.    UCC-1 Financing Statement    Delaware Secretary of State
UCC    DS Services of America, Inc.    UCC-1 Financing Statement    Delaware Secretary of State
UCC    DS Services of America, Inc.    UCC-1 Fixture Financing Statement    Orange County Comptroller
UCC    DS Services of America, Inc.    UCC-1 Fixture Financing Statement    Los Angeles County Registrar-Recorder & County Clerk’s Office


* * * CONFIDENTIAL * * *

 

Type of Filing

  

Entity

  

Applicable Collateral

Document [Mortgage,

Security Agreement or

Other]

  

Jurisdictions and Filing

Offices

UCC    DS Services of America, Inc.    UCC-1 Fixture Financing Statement    Sacramento County Clerk-Recorder
UCC    DS Services of America, Inc.    UCC-1 Fixture Financing Statement    Cook County Recorder of Deeds
UCC    DS Services of America, Inc.    UCC-1 Fixture Financing Statement    Allegheny County Recorder of Deeds
Mortgage    DS Services of America, Inc.    Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing    Orange County Comptroller
Mortgage    DS Services of America, Inc.    Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing    Los Angeles County Registrar-Recorder & County Clerk’s Office
Mortgage    DS Services of America, Inc.    Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing    Sacramento County Clerk-Recorder
Mortgage    DS Services of America, Inc.    Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing    Cook County Recorder of Deeds
Mortgage    DS Services of America, Inc.    Mortgage    Allegheny County Recorder of Deeds
UCC    DSS Group, Inc.    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Interim BCB, LLC    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Mr. Freeze (Europe) Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    Star Real Property LLC    UCC-1 Financing Statement    Delaware Secretary of State
UCC    Stockpack Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds
UCC    TT Calco Limited    UCC-1 Financing Statement    District of Columbia Recorder of Deeds


* * * CONFIDENTIAL * * *

 

Schedule 3.24

Intercompany Loans and Advances as of September 27, 2014

Note: A number of the following loans and advances are denominated in currencies other than U.S. Dollars; therefore, amounts may change as the U.S. Dollar fluctuates against such foreign currency.

 

  1. $1,547,214 owed by Cott Beverages Inc. to Cott Luxembourg S. a r. l. evidenced by the Intercompany Subordinated Demand Promissory Note issued December 20, 2013 in the original principal amount of $1,615,512.33.

 

  2. $166,715,840 owed by Cliffstar LLC to Cott Luxembourg S. a r. l. evidenced by the Amended and Restated Intercompany Subordinated Demand Promissory Note issued July 8, 2011 in the original principal amount of $166,715,840.

 

  3. $259,500,000 owed by Cott Holdings Inc. to Cott Luxembourg S. a r. l. evidenced by (i) Intercompany Subordinated Demand Promissory Note – Note 2, dated November 8, 2013 in the original principal amount of $41,000,000, (ii) Intercompany Subordinated Demand Promissory Note – Note 4, dated November 8, 2013 in the original principal amount of $18,500,000, (iii) Intercompany Subordinated Demand Promissory Note – Note 5, dated November 12, 2013 in the original principal amount of $110,000,000, and (iv) Intercompany Subordinated Demand Promissory Note – Note 6, dated November 13, 2013 in the original principal amount of $90,000,000.

 

  4. $110,806,000 owed by Cott Beverages Limited to Cott USA Finance LLC evidenced by the Eurobond Instrument dated March 31, 2007 in the original principal amount of £68,000,000 as amended by the Deed of Amendment dated January 6, 2012.

 

  5. $124,361,485 owed by Cott US Acquisition LLC to Cott Beverages Inc. evidenced by the Amended and Restated Intercompany Subordinated Promissory Note dated November 15, 2010 in the original principal amount of £102,451,200.

 

  6. $165,396,101 owed by Cott UK Acquisition Limited to Cott US Acquisition LLC evidenced by the Instrument constituting 1 Discounted Note dated November 15, 2010 in the original principal amount of £91,403,759.

 

  7. $113,366,291 owed by Cott Retail Brands Limited to Cott USA Finance LLC evidenced by the Instrument constituting 1 Discounted Noted dated November 15, 2010 in the original principal amount of £48,966,551.

 

  8. $48,843,265 owed by Cott Ventures Limited to Cott Beverages Inc. evidenced by the Unsecured Loan Note issued May 29, 2014 in the original principal amount of $50,401,000.

 

  9. $5,013,888 owed by Cott Ventures Limited to Cott Beverages Limited evidenced by the Unsecured Loan Note issued May 29, 2014 in the original principal amount of $8,032,292.

 

  10.

$34,808,204 owed by Cott Embotelladores de Mexico SA de CV to Cott Corporation evidenced by (i) the Loan Agreement dated as of January 3, 2004 in the original principal amount of $6,000,000, (ii) the Promissory Note dated December 5, 2012 in the original principal amount of 64,635,485 Mexican Pesos, (iii) the Promissory Note dated June 18, 2012 in the original principal amount of 33,091,043 Mexican Pesos, (iv) the Promissory


* * * CONFIDENTIAL * * *

 

  Note dated January 15, 2010 in the original principal amount of 31,714,715 Mexican Pesos, (v) the Promissory Note dated July 7, 2010 in the original principal amount of 12,898,200 Mexican Pesos, (vi) the Promissory Note dated March 10, 2009 in the original principal amount of 7,623,680.15 Mexican Pesos, (vii) the Promissory Note dated March 13, 2009 in the original principal amount of 57,966,063.09 Mexican Pesos, (viii) the Promissory Note dated December 16, 2010 in the original principal amount of 48,561,630 Mexican Pesos, and (ix) the Promissory Note dated December 22, 2009 in the original principal amount of 61,057,424.10 Mexican Pesos.

 

  11. $400,000,000 owed by Delivery Acquisition, Inc. to Cott Beverages Inc. evidenced by the Intercompany Subordinated Promissory Note dated December 12, 2014.

 

  12. $148,765,727 owed by Delivery Acquisition, Inc. to Cott Corporation evidenced by the Intercompany Subordinated Promissory Note dated December 12, 2014.

 

  13. The following intercompany payables are evidenced by the Second Amended and Restated Intercompany Subordinated Demand Promissory Note dated the Amendment No. 5 Effective Date:

 

U.S. Dollar

Equivalent Amount

         
September 27, 2014    Owed By    Owed To

$1,432,845

   Cott Beverages Inc.    Cott Vending Inc.

$87,603

   Cott Corporation    Cott Vending Inc.

$2,316,023

   967979 Ontario Limited    Cott Corporation

$1,244,466

   Cott Corporation    804340 Ontario Limited

$1,085,623

   Cott Beverages Limited    Cott (Nelson) Limited

$313,659

   Cott Beverages Limited    Cott Retail Brands Limited

$2,092,278

   Cott Retail Brands Limited    Cott Ltd.

$162,950

   Cott Beverages Limited    Cott Private Label Limited

$4,038,295

   Cott Corporation    Cott Beverages Inc.

$72,928

   Cott Corporation    Cott Beverages Limited

$356,290

   Cott Beverages Inc.    Cott Beverages Limited

$607,812

   Cliffstar, LLC    Cott Corporation

$592,664

   Cott Beverages Limited    Cott Europe Trading Limited

$2,836,749

   Cott Beverages Inc.    Cott USA Finance LLC

$104,709

   Cott Beverages Inc.    Cott Corporation

$97,177,546

   Cott Beverages Inc.    Cliffstar, LLC

$1,002,828

   Cliffstar, LLC    Star Real Property LLC

$3,605

   Cott Beverages Inc.    Cott Vending Inc.

$554

   Cott Vending Inc.    Cliffstar, LLC

$1,360,162

   Cott Beverages Inc.    Cliffstar, LLC

$3,933,613

   Cooke Bros Holdings Limited    Calypso Soft Drinks Limited

$3,768,395

   Cooke Bros (Tattenhall), Limited    Calypso Soft Drinks Limited

$8,966,829

   Cooke Bros Holdings Limited    Cooke Bros (Tattenhall), Limited

$706,758

   Calypso Soft Drinks Limited    Cott Beverages Limited

$2,431

   Cott Luxembourg S. a r. l.    Cott Beverages Limited

$1,452,856

   Calypso Soft Drinks Limited    Mr. Freeze (Europe) Limited

$16,295

   Cooke Bros (Tattenhall), Limited    TT Calco Limited

$3,496

   Cott Beverages Inc.    Cott Beverages Limited

$965

   Cott Retail Brands Limited    Cott Beverages Inc.

$1,547,214

   Cott Beverages Inc.    Cott Luxembourg S. a r. l.

$25,567,814

   Cott Developments Limited    Cott Beverages Limited

$15,600,162

   Calypso Soft Drinks Limited    Cott Developments Limited


* * * CONFIDENTIAL * * *

 

  14. The following includes a list of intercompany trade payables not represented by any debt instrument:

 

U.S. Dollar

Equivalent Amount

         
September 27, 2014    Owed By    Owed To

$43,558

   Cott Beverages Inc.    Northeast Retailer Brands LLC

$738,005

   Cott Beverages Limited    Cott Retail Brands Netherlands BV

$11,268

   Cott Maquinaria y Equipo, SA de CV    Cott Embotelladores de Mexico SA de CV

$14,208

   Cott Embotelladores de Mexico SA de CV    Ad Personales, SA de CV

$13,504

   Sevicios Gerenciales de Mexico SA de CV    Cott Embotelladores de Mexico SA de CV

$1,798,303

   Cott Embotelladores de Mexico SA de CV    Cott Beverages Inc.

$29,080

   Cott Embotelladores de Mexico SA de CV    Cliffstar, LLC

$3,585

   Cott Vending Inc.    Northeast Retailer Brands LLC

$2

   Cooke Bros (Tattenhall), Limited    Tip Top Soft Drinks Limited

$163

   Cooke Bros (Tattenhall), Limited    Total Water Solutions Limited

$650

   Northeast Retailer Brands LLC    Cott Beverages Inc.


* * * CONFIDENTIAL * * *

 

Schedule 6.01

Indebtedness

 

1. Cott Embotelladores de Mexico, S.A. de C.V. owes Qualamex S.A. de C.V. $572,510 pursuant to the Manufacturing Contract dated December 14, 2012, between Cott Embotelladores de Mexico, S.A. de C.V. and Qualamex S.A. de C.V., as modified pursuant to the Modification Agreement dated January 7, 2013.

 

2. Cott Beverages Inc. owes $828,421 to Jeffrey D. Hettinger pursuant to the Consulting Agreement dated June 25, 2002 between Jeffrey D. Hettinger and Cott Beverages Inc.

 

3. Funding Circle Limited loaned Calypso Soft Drinks Limited £100,000.00 pursuant to the Key Contract Terms dated May 3, 2012. The current amount outstanding thereunder as of the Amendment No. 5 Effective Date is $25,033.

 

4. See the Intercompany Indebtedness and Advances listed on Schedule 3.24.

 

5. Irrevocable Standby Letter of Credit No. HACH413636OS with an expiration date of November 7, 2014 by BMO Harris Bank N.A. for the benefit of Safety National Casualty Corporation on behalf of DS Waters of America, Inc. for $16,500,000.

 

6. Irrevocable Standby Letter of Credit No. HACH413623OS with an expiration date of March 5, 2015 by BMO Harris Bank N.A. for the benefit of Liberty Mutual Insurance Company on behalf of DS Waters of America, Inc. for $1,193,304.

 

7. Irrevocable Standby Letter of Credit No. HACH413628OS with an expiration date of March 20, 2015 by BMO Harris Bank N.A. for the benefit of Zurich American Insurance Company on behalf of DS Waters of America, Inc. for $10,750,000.

 

8. Irrevocable Standby Letter of Credit No. HACH413635OS with an expiration date of April 12, 2015 by BMO Harris Bank N.A. for the benefit of Old Republic Insurance Company on behalf of DS Waters of America, Inc. for $110,000.


* * * CONFIDENTIAL * * *

 

Schedule 6.02

Existing Liens

1. Liens on the following assets:

 

Name of Debtor

 

Secured Party

 

Jurisdiction/Office

 

File Number/

Date Filed

 

Type of UCC or
Equivalent

 

Description of Collateral

Cott Retail Brands Limited   Bicc Public Limited Company   England and Wales (Companies House)  

Created 18/05/94

Filed 21/05/94

(Registered)

  Rent Deposit Deed   £21,385 deposited by the Company with its landlords Bicc Public Company Limited
Cliffstar Corporation   General Electric Capital Corporation   Recorder of Deeds, Erie County, PA   Filed 6/16/2003   UCC-1   2003 Xpedx model Q-300XT Lantech Auto Stretch Wrapper serial number QX-0118
Cliffstar Corporation   General Electric Capital Corporation   Chautauqua County Clerk, NY   Filed 3/27/2003   UCC-1   2002 Lantech model S2503 Conveyorized Stretch Wrap Machine serial number SS-001911+
Cliffstar Corporation   General Electric Capital Corporation   Chautauqua County Clerk, NY   Filed 3/27/2003   UCC-1   2003 Lantech model S-1502 Automatic Straddle Stretch Wrap Machine serial number SC-001387 & 2003 Xpedx model S-2503 Lantech Fully Automatic Conveyorized Stretch Machine serial number SS001914


* * * CONFIDENTIAL * * *

 

DS Services of America, Inc. RockTenn CP, LLC Delaware Secretary of State 20143201951; Filed 8/11/2014 UCC-1 Douglas Axiom Case Packer – Serial # M113007; Douglas Axiom Case Packer – Serial # M113031; Douglas Axiom Case Packer – Serial # M113006
DS Waters of America, Inc. RockTenn CP, LLC Delaware Secretary of State 20123488311; Filed 9/10/2012 UCC-1 Douglas Axiom Wrap 8
DS Waters of America, Inc. United Rentals Northwest, Inc. Delaware Secretary of State 20104233890; Filed 12/2/2010 UCC-1 Equipment: #521506, Make: JLG, Model: E300AJP, Description: BOOM 30FT-33FT ELEC ART NARR* and the proceeds of the Equipment

2. Cash deposits with Ice River Springs in the amount of $423,305.00 as of November 25, 2014.

3. Cash deposits with Tampa Electric Company in the amount of $80,850.00 as of November 25, 2014.

4. Cash deposits with Receiver General of Canada in the amount of $735,349.28 (Canadian Dollars) as of November 25, 2014.

5. Workers’ Compensation Escrow account held at US Bank, 7th & Washington, St. Louis, MO 63101, Acct# 0047886-00-00397-01 by Cliffstar LLC.

6. Workers’ Compensation Escrow account held at Citibank, N.A., Account # 30584369 by Cott Beverages Inc.


* * * CONFIDENTIAL * * *

 

Cash Collateral for Existing Letters of Credit and Insurance Claims

 

Cott Corporation Cash in escrow with respect to the General Liability Insurance for settled product defect claims and consultant claims. $50,000.00
DS Services of America, Inc. Irrevocable Standby Letter of Credit No. HACH413623OS with an expiration date of March 5, 2015 by BMO Harris Bank N.A. for the benefit of Liberty Mutual Insurance Company $475,000.00
DS Services of America, Inc. Irrevocable Standby Letter of Credit No. HACH413628OS with an expiration date of March 20, 2015 by BMO Harris Bank N.A. for the benefit of Zurich American Insurance Company $1,258,537.00

At any time, cash collateral in an amount not to exceed the lesser of (i) $29,980,969.20 and (ii) 103% of the aggregate face amount of the letters of credit described in numbers 5 through 8 on Schedule 6.01, at such time, in the case of clauses (i) and (ii), deposited with BMO Harris Bank N.A. solely for the purpose of securing reimbursement obligations under the letters of credit described in numbers 5 through 8 on Schedule 6.01; provided that such cash collateral shall be reduced on a dollar for dollar basis by the face amount of any back-to-back letters of credit issued for the benefit of BMO Harris Bank N.A. for the purpose of securing reimbursement obligations under the letters of credit described in numbers 5 through 8 on Schedule 6.01.


* * * CONFIDENTIAL * * *

 

Schedule 6.04

Existing Investments

 

1. Permitted Margin Stock.

 

2. See the Intercompany Indebtedness and Advances listed on Schedule 3.24.

 

3. Cash deposits listed on Schedule 6.02.

 

4. DS Services of America, Inc. currently owns stock in former customers that have reorganized in bankruptcy which stock was acquired as a result of DS Services of America, Inc.’s position as a creditor of such companies. Such stock is valued at less than $20,000 per former customer and no more than $200,000 in the aggregate. DS Services of America, Inc. uses its commercially reasonable efforts to liquidate such stock.


* * * CONFIDENTIAL * * *

 

Schedule 6.11

Restrictive Agreements

The Cott Embotelladores de Mexico S.A. de C.V. (the “Company”) Shareholder Agreement, dated June 20, 2002 (the “Shareholder Agreement”), contains certain restrictions on the ability of the Company and any of its subsidiaries to incur indebtedness, encumber assets, grant a guaranty, or dispose of certain assets or capital stock without either the consent of Embotelladora de Puebla, S.A. de C.V. (as Class A Shareholder) or the approval of the Class A Director (as such term is defined in the Shareholder Agreement).


* * * CONFIDENTIAL * * *

 

Exhibit B-1

FORM OF BORROWING BASE CERTIFICATE

See attached.


* * * CONFIDENTIAL * * *

 

LOGO

   COTT US BORROWING BASE REPORT   
         Rpt #   
Obligor Number:          Date:   
Loan Number:          Period Covered:   

 

COLLATERAL CATEGORY

   A/R    Inventory   

Total Eligible Collateral

Description               

1

   Beginning Balance ( Previous report - Line 8)         

2

   Additions to Collateral (Gross Sales or Purchases)         

3

   Other Additions (Add back any non-A/R cash in line 3)         

4

   Deductions to Collateral (Cash Received)         

5

   Deductions to Collateral (Discounts, other)         

6

   Deductions to Collateral (Credit Memos, all)         

7

   Other non-cash credits to A/R         

8

   Total Ending Collateral Balance         

9

   Past Due > 60         

10

   Credits in Prior         

11

   Crossage         

12

   Contras         

13

   Foreign Not Covered by L/C         

14

   Federal Government         

15

   Loss of Profit Penalties Reserve         

16

   Chargebacks (Current)         

17

   Miscellaneous Sales Rent         

18

   Contamination Reserve         

19

   Intercompany/Affiliates         

20

   Shortpays (Current)         

21

   Debit Memos         

22

   Accruals for Billbacks         

23

   Volume Rebate Accruals         

24

   Dilution Reserve - Kegworth 7.9%         

25

   Accrued Deposits - POP         

26

   Cash Received not Posted         

27

   Less Ineligible - Other (includes bankruptcy customers)         

28

   Total Ineligibles -Accounts Receivable         

29

   Work In Process         

30

   Quarantine Stock (QA Stock)         

31

   Short Dated         

32

   Slow Moving/Obsolete         

33

   Retention of Title         

34

   Packaging Supplies         

35

   Held Goods         

36

   Capitalization/Revaluation Reserve         

37

   Co-pack Ingredients         

38

   Consigned Inventory         

39

   NRV Adjustment         

40

   Warehouse Overhead         

41

   Grape Bottoms         

42

   2009 Cranberry Crop Cost Test Reserve         

43

   Perpetuals Overstated to GL         

44

   Less Ineligible — Other (Fixed Cost All, Inventory Spare Parts)         

45

   Total Ineligibles Inventory         

21

   Total Eligible Collateral         

22

   Advance Rate Percentage         

23

   Net Available - Borrowing Base Value         

24

   Reserves - Canadian Priming Liens         

24

   Reserves - Rent         

24

   Reserves - Payroll         

24

   Reserves - Payments to Co-Packers         

24

   Reserves - PACA         

24

   Reserves - Ring Fence         

24

   Reserves - Earnout         


* * * CONFIDENTIAL * * *

 

25

Total Borrowing Base Value

25.A

Total Availability/ CAPS

26

Revolver Line                         Total Revolver Line

26A

Line Reserve

27

Maximum Borrowing Limit (Lesser of 25. or 26.)*                         Total Available

27A

Suppressed Availability
LOAN STATUS

28

Previous Loan Balance (Previous Report Line 31)

29

Less:      A. Net Repayments

              B. Adjustments / Other                     

30

Add:      A. Request for Funds

              B. Adjustments / Other                     

31

New Loan Balance                         Total New Loan Balance:

32

Letters of Credit/Bankers Acceptance Outstanding

33

Availability Not Borrowed (Lines 27 less 31 & 32)

34

Term Loan

35

OVERALL EXPOSURE (lines 31 & 34)

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME: AUTHORIZED SIGNATURE:
Cott Corporation


* * * CONFIDENTIAL * * *

 

LOGO

   CLIFFSTAR BORROWING BASE REPORT   
         Rpt #   
Obligor Number:          Date:   
Loan Number:          Period Covered:   

 

COLLATERAL CATEGORY

  A/R   Raw Materials
Inventory
  Finished Goods
Inventory
 

Total Eligible Collateral

Description                

1

  

Beginning Balance ( Previous report - Line 8)

       

2

  

Additions to Collateral (Gross Sales or Purchases)

       

3

  

Other Additions (Add back any non-A/R cash in line 3)

       

4

  

Deductions to Collateral (Cash Received)

       

5

  

Deductions to Collateral (Discounts, other)

       

6

  

Deductions to Collateral (Credit Memos, all)

       

7

  

Other non-cash credits to A/R

       

8

  

Total Ending Collateral Balance

       

9

  

Past Due > 60

       

10

  

Credits in Prior

       

11

  

Crossage

       

12

  

Contras

       

13

  

Foreign Not Covered by L/C

       

14

  

Federal Government

       

15

  

Loss of Profit Penalties Reserve

       

16

  

Chargebacks (Current)

       

17

  

Miscellaneous Sales Rent

       

18

  

Contamination Reserve

       

19

  

Intercompany/Affiliates

       

20

  

Shortpays (Current)

       

21

  

Debit Memos

       

22

  

Accruals for Billbacks

       

23

  

Volume Rebate Accruals

       

24

  

Dilution Reserve - Kegworth 7.9%

       

25

  

Accrued Deposits - POP

       

26

  

Cash Received not Posted

       

27

  

Less Ineligible - Other (includes bankruptcy customers)

       

28

  

Total Ineligibles - Accounts Receivable

       

29

  

Work In Process

       

30

  

Quarantine Stock (QA Stock)

       

31

  

Short Dated

       

32

  

Slow Moving/Obsolete

       

33

  

Retention of Title

       

34

  

Packaging Supplies

       

35

  

Held Goods

       

36

  

Capitalization/Revaluation Reserve

       

37

  

Co-pack Ingredients

       

38

  

Consigned Inventory

       

39

  

NRV Adjustment

       

40

  

Warehouse Overhead

       

41

  

Grape Bottoms

       

42

  

2009 Cranberry Crop Cost Test Reserve

       

43

  

Perpetuals Overstated to GL

       

44

  

Less Ineligible — Other

       

45

  

Total Ineligibles Inventory

       

21

  

Total Eligible Collateral

       

22

  

Advance Rate Percentage

       

23

  

Net Available - Borrowing Base Value

       

24

  

Reserves - Canadian Priming Liens

       

24

  

Reserves - Rent

       

24

  

Reserves - Payroll

       

24

  

Reserves - Payments to Co-Packers

       

24

  

Reserves - PACA

       

24

  

Reserves - Ring Fence

       


* * * CONFIDENTIAL * * *

 

24

Reserves - Earnout

25

Total Borrowing Base Value

25.A

Total Availability/ CAPS

26

Revolver Line Total Revolver Line

26A

Line Reserve

27

Maximum Borrowing Limit (Lesser of 25. or 26.)* Total Available

27A

Suppressed Availability
LOAN STATUS

28

PreviousLoan Balance (Previous Report Line 31)

29

Less:      A. Net Repayments

               B. Adjustments / Other                     

30

Add:       A. Request for Funds

               B. Adjustments / Other                    

31

New Loan Balance Total New Loan Balance:

32

Letters of Credit/Bankers Acceptance Outstanding

33

Availability Not Borrowed (Lines 27 less 31 & 32)

34

Term Loan

35

OVERALL EXPOSURE (lines 31 & 34)

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME: AUTHORIZED SIGNATURE:
Cott Corporation


* * * CONFIDENTIAL * * *

 

LOGO

   DS SERVICES BORROWING BASE REPORT   
         Rpt #   
Obligor Number:          Date:   
Loan Number:          Period Covered:   

 

COLLATERAL CATEGORY

  A/R   Raw Materials
Inventory
  Finished Goods
Inventory
 

Total Eligible Collateral

Description                

1

  

Beginning Balance ( Previous report - Line 8)

       

2

  

Additions to Collateral (Gross Sales or Purchases)

       

3

  

Other Additions (Add back any non-A/R cash in line 3)

       

4

   Deductions to Collateral (Cash Received)        

5

   Deductions to Collateral (Discounts, other)        

6

   Deductions to Collateral (Credit Memos, all)        

7

   Other non-cash credits to A/R        

8

   Total Ending Collateral Balance        

9

   Past Due > 60        

10

   Credits in Prior        

11

   Crossage        

12

   Contras        

13

   Foreign Not Covered by L/C        

14

   Federal Government        

15

   Loss of Profit Penalties Reserve        

16

   Chargebacks (Current)        

17

   Miscellaneous Sales Rent        

18

   Contamination Reserve        

19

   Intercompany/Affiliates        

20

   Shortpays (Current)        

21

   Debit Memos        

22

   Accruals for Billbacks        

23

   Volume Rebate Accruals        

24

   Dilution Reserve - Kegworth 7.9%        

25

   Accrued Deposits - POP        

26

   Cash Received not Posted        

27

  

Less Ineligible - Other (includes bankruptcy customers)

       

28

   Total Ineligibles -Accounts Receivable        

29

   Work In Process        

30

   Quarantine Stock (QA Stock)        

31

   Short Dated        

32

   Slow Moving/Obsolete        

33

   Retention of Title        

34

   Packaging Supplies        

35

   Held Goods        

36

   Capitalization/Revaluation Reserve        

37

   Co-pack Ingredients        

38

   Consigned Inventory        

39

   NRV Adjustment        

40

   Warehouse Overhead        

41

   Grape Bottoms        

42

   2009 Cranberry Crop Cost Test Reserve        

43

   Perpetuals Overstated to GL        

44

   Less Ineligible – Other        

45

   Total Ineligibles Inventory        

21

   Total Eligible Collateral        

22

   Advance Rate Percentage        

23

   Net Available - Borrowing Base Value        

24

   Reserves - Canadian Priming Liens        

24

   Reserves - Rent        

24

   Reserves - Payroll        

24

   Reserves - Payments to Co-Packers        

24

   Reserves - PACA        

24

   Reserves - Ring Fence        


* * * CONFIDENTIAL * * *

 

24

Reserves – Earnout

25

Total Borrowing Base Value

25.A

Total Availability/ CAPS

26

Revolver Line Total Revolver Line

26A

Line Reserve

27

Maximum Borrowing Limit (Lesser of 25. or 26.)* Total Available

27A

Suppressed Availability
LOAN STATUS

28

PreviousLoan Balance (Previous Report Line 31)

29

Less:      A. Net Repayments

              B. Adjustments / Other                     

30

Add:      A. Request for Funds

              B. Adjustments / Other                     

31

New Loan Balance Total New Loan Balance:

32

Letters of Credit/Bankers Acceptance Outstanding

33

Availability Not Borrowed (Lines 27 less 31 & 32)

34

Term Loan

35

OVERALL EXPOSURE (lines 31 & 34)

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME: AUTHORIZED SIGNATURE:
Cott Corporation


* * * CONFIDENTIAL * * *

 

     COTT CANADA BORROWING BASE REPORT (IN US$)     
LOGO         Rpt #     
Obligor Number:          Date:   
Loan Number:          Period Covered:   

 

COLLATERAL CATEGORY

   A/R    Inventory    Total Eligible Collateral
Description             

A/R or inventory

in CAD $

    

1

   Beginning Balance ( Previous report - Line 8)            

2

  

Additions to Collateral (Gross Sales or Purchases)

           

3

  

Other Additions (Add back any non-A/R cash in line 3)

           

4

  

Deductions to Collateral (Cash Received)

           

5

   Deductions to Collateral (Discounts, other)            

6

   Deductions to Collateral (Credit Memos, all)            

7

   Other non-cash credits to A/R             FX Adjustment = Prior Balance * Change in FX Rates

8

   Total Ending Collateral Balance            

9

   Past Due > 60            

10

   Credits in Prior            

11

   Crossage            

12

   Contras            

13

   Foreign Not Covered by L/C            

14

   Federal Government            

15

   Loss of Profit Penalties Reserve            

16

   Chargebacks (Current)            

17

   Miscellaneous Sales Rent            

18

   Contamination Reserve            

19

   Intercompany/Affiliates            

20

   Shortpays (Current)            

21

   Debit Memos            

22

   Accruals for Billbacks            

23

   Volume Rebate Accruals            

24

   Dilution Reserve            

25

   Accrued Deposits - POP            

26

   Cash Received not Posted            

27

  

Less Ineligible - Other (includes bankruptcy customers)

           

28

   Total Ineligibles -Accounts Receivable            

29

   Work In Process            

30

   Quarantine Stock (QA Stock)            

31

   Short Dated            

32

   Slow Moving/Obsolete            

33

   Retention of Title            

34

   Packaging Supplies            

35

   Held Goods            

36

   Capitalization/Revaluation Reserve            

37

   Co-pack Ingredients            

38

   Consigned Inventory            

39

   NRV Adjustment            

40

   Warehouse Overhead            

41

   Grape Bottoms            

42

   2009 Cranberry Crop Cost Test Reserve            

43

   Perpetuals Overstated to GL            

44

   Less Ineligible — Other (attach schedule)            

45

   Total Ineligibles Inventory            

21

   Total Eligible Collateral            

22

   Advance Rate Percentage            

23

   Net Available - Borrowing Base Value            

24

   Reserves - Canadian Priming Liens            

24

   Reserves - Rent            

24

   Reserves - Payroll            

24

   Reserves - Payments to Co-Packers            

24

   Reserves - PACA            


* * * CONFIDENTIAL * * *

 

24

Reserves - Ring Fence

24

Reserves - Earnout

25

Total Borrowing Base Value

25.A

Total Availability/ CAPS

26

Revolver Line Total Revolver Line

26A

Line Reserve

27

Maximum Borrowing Limit (Lesser of 25. or 26.)* Total Available

27A

Suppressed Availability
LOAN STATUS

28

Previous Loan Balance (Previous Report Line 31)

29

Less:      A. Net Repayments

              B. Adjustments / Other                     

30

Add:      A. Request for Funds

              B. Adjustments / Other                     

31

New Loan Balance Total New Loan Balance:

32

Letters of Credit/Bankers Acceptance Outstanding

33

Availability Not Borrowed (Lines 27 less 31 & 32)

34

Term Loan

35

OVERALL EXPOSURE (lines 31 & 34)

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME: AUTHORIZED SIGNATURE:
Cott Corporation


* * * CONFIDENTIAL * * *

 

LOGO

   COTT KEGWORTH BORROWING BASE REPORT (IN US$)
         Rpt #
Obligor Number:          Date:
Loan Number:          Period Covered:

 

COLLATERAL CATEGORY

   A/R    Inventory    Total Eligible Collateral
Description              A/R or Inventory
in Sterling
    

1

   Beginning Balance ( Previous report - Line 8)            

2

   Additions to Collateral (Gross Sales or Purchases)            

3

   Other Additions (Add back any non-A/R cash in line 3)            

4

   Deductions to Collateral (Cash Received)            

5

   Deductions to Collateral (Discounts, other)            

6

   Deductions to Collateral (Credit Memos, all)            

7

   Other non-cash credits to A/R            

8

   Total Ending Collateral Balance            

9

   Past Due > 60            

10

   Credits in Prior            

11

   Crossage            

12

   Contras            

13

   Foreign Not Covered by L/C            

14

   Federal Government            

15

   Loss of Profit Penalties Reserve            

16

   Chargebacks (Current)            

17

   Miscellaneous Sales Rent            

18

   Contamination Reserve            

19

   Intercompany/Affiliates            

20

   Shortpays (Current)            

21

   Debit Memos            

22

   Accruals for Billbacks            

23

   Volume Rebate Accruals            

24

   Dilution Reserve - Kegworth 3.0%            

25

   Accrued Deposits - POP            

26

   Cash Received not Posted            

27

   Less Ineligible - Other (attach schedule)            

28

   Total Ineligibles -Accounts Receivable            

29

   Work In Process            

30

   Quarantine Stock (QA Stock)            

31

   Short Dated            

32

   Slow Moving/Obsolete            

33

   Retention of Title            

34

   Packaging Supplies            

35

   Held Goods            

36

   Capitalization/Revaluation Reserve            

37

   Co-pack Ingredients            

38

   Consigned Inventory            

39

   NRV Adjustment            

40

   Warehouse Overhead            

41

   Grape Bottoms            

42

   2009 Cranberry Crop Cost Test Reserve            

43

   Perpetuals Overstated to GL            

44

   Less Ineligible — Other (attach schedule)            

45

   Total Ineligibles Inventory            

21

   Total Eligible Collateral            

22

   Advance Rate Percentage            

23

   Net Available - Borrowing Base Value            

24

   Reserves - Canadian Priming Liens            

24

   Reserves - Rent            

24

   Reserves - Payroll            

24

   Reserves - Payments to Co-Packers            

24

   Reserves - PACA            

24

   Reserves - Ring Fence            


* * * CONFIDENTIAL * * *

 

24

Reserves – Earnout

25

Total Borrowing Base Value

25.A

Total Availability/ CAPS

26

Revolver Line Total Revolver Line

26A

Line Reserve

27

Maximum Borrowing Limit (Lesser of 25. or 26.)* Total Available

27A

Suppressed Availability
LOAN STATUS

28

PreviousLoan Balance (Previous Report Line 31)

29

Less:      A. Net Repayments

               B. Adjustments / Other                     

30

Add:       A. Request for Funds

               B. Adjustments / Other                     

FX impact

31

New Loan Balance Total New Loan Balance:

32

Letters of Credit/Bankers Acceptance Outstanding

33

Availability Not Borrowed (Lines 27 less 31 & 32)

34

Term Loan

35

OVERALL EXPOSURE (lines 31 & 34)

 

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME: AUTHORIZED SIGNATURE:
Cott Corporation


* * * CONFIDENTIAL * * *

 

LOGO

   COTT CALYPSO BORROWING BASE REPORT (IN US$)                
         Rpt #
Obligor Number:          Date:
Loan Number:          Period Covered:

 

COLLATERAL CATEGORY

   A/R    Inventory    Total Eligible Collateral
Description              A/R or Inventory
in Sterling
    

1

  

Beginning Balance ( Previous report - Line 8)

           

2

  

Additions to Collateral (Gross Sales or Purchases)

           

3

  

Other Additions (Add back any non-A/R cash in line 3)

           

4

  

Deductions to Collateral (Cash Received)

           

5

  

Deductions to Collateral (Discounts, other)

           

6

  

Deductions to Collateral (Credit Memos, all)

           

7

   Other non-cash credits to A/R            

8

   Total Ending Collateral Balance            

9

   Past Due > 60            

10

   Credits in Prior            

11

   Crossage            

12

   Contras            

13

   Foreign Not Covered by L/C            

14

   Federal Government            

15

   Loss of Profit Penalties Reserve            

16

   Chargebacks (Current)            

17

   Miscellaneous Sales Rent            

18

   Contamination Reserve            

19

   Intercompany/Affiliates            

20

   Shortpays (Current)            

21

   Debit Memos            

22

   Accruals for Billbacks            

23

   Volume Rebate Accruals            

24

   Dilution Reserve - Calypso 3.0%            

25

   Accrued Deposits - POP            

26

   Cash Received not Posted            

27

   Less Ineligible - Other (attach schedule)            

28

   Total Ineligibles -Accounts Receivable            

29

   Work In Process            

30

   Quarantine Stock (QA Stock)            

31

   Short Dated            

32

   Slow Moving/Obsolete            

33

   Retention of Title            

34

   Packaging Supplies            

35

   Held Goods            

36

   Capitalization/Revaluation Reserve            

37

   Co-pack Ingredients            

38

   Consigned Inventory            

39

   NRV Adjustment            

40

   Warehouse Overhead            

41

   Grape Bottoms            

42

   2009 Cranberry Crop Cost Test Reserve            

43

   Perpetuals Overstated to GL            

44

   Less Ineligible — Other (attach schedule)            

45

   Total Ineligibles Inventory            

21

   Total Eligible Collateral            

22

   Advance Rate Percentage            

23

   Net Available - Borrowing Base Value            

24

   Reserves - Canadian Priming Liens            

24

   Reserves - Rent            

24

   Reserves - Payroll            

24

   Reserves - Payments to Co-Packers            

24

   Reserves - Ring Fence            


* * * CONFIDENTIAL * * *

 

24

Reserves - Earnout

25

Total Borrowing Base Value

25.A

Total Availability/ CAPS

26

Revolver Line Total Revolver Line

26A

Line Reserve

27

Maximum Borrowing Limit (Lesser of 25. or 26.)* Total Available

27A

Suppressed Availability
LOAN STATUS

28

PreviousLoan Balance (Previous Report Line 31)

29

Less:      A. Net Repayments

               B. Adjustments / Other                     

30

Add:       A. Request for Funds

               B. Adjustments / Other                     

31

New Loan Balance Total New Loan Balance:

32

Letters of Credit/Bankers Acceptance Outstanding

33

Availability Not Borrowed (Lines 27 less 31 & 32)

34

Term Loan

35

OVERALL EXPOSURE (lines 31 & 34)

 

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME: AUTHORIZED SIGNATURE:
Cott Corporation


* * * CONFIDENTIAL * * *

 

LOGO

   COTT AIMIA BORROWING BASE REPORT (IN US$)   
            Rpt #   
Obligor Number:             Date:   
Loan Number:             Period Covered:   

 

COLLATERAL CATEGORY

   A/R    Inventory    Total Eligible Collateral
Description              A/R or Inventory
in Sterling
    

1

  Beginning Balance ( Previous report - Line 8)            

2

  Additions to Collateral (Gross Sales or Purchases)            

3

  Other Additions (Add back any non-A/R cash in line 3)            

4

  Deductions to Collateral (Cash Received)            

5

  Deductions to Collateral (Discounts, other)            

6

  Deductions to Collateral (Credit Memos, all)            

7

  Other non-cash credits to A/R            

8

  Total Ending Collateral Balance            

9

  Past Due > 60            

10

  Credits in Prior            

11

  Crossage            

12

  Contras            

13

  Foreign Not Covered by L/C            

14

  Federal Government            

15

  Loss of Profit Penalties Reserve            

16

  Chargebacks (Current)            

17

  Miscellaneous Sales Rent            

18

  Contamination Reserve            

19

  Intercompany/Affiliates            

20

  Shortpays (Current)            

21

  Debit Memos            

22

  Accruals for Billbacks            

23

  Volume Rebate Accruals            

24

  Dilution Reserve - Aimia 3.0%            

25

  Accrued Deposits - POP            

26

  Cash Received not Posted            

27

  Less Ineligible - Other (attach schedule)            

28

  Total Ineligibles -Accounts Receivable            

29

  Work In Process            

30

  Quarantine Stock (QA Stock)            

31

  Short Dated            

32

  Slow Moving/Obsolete            

33

  Retention of Title            

34

  Packaging Supplies            

35

  Held Goods            

36

  Capitalization/Revaluation Reserve            

37

  Co-pack Ingredients            

38

  Consigned Inventory            

39

  NRV Adjustment            

40

  Warehouse Overhead            

41

  Grape Bottoms            

42

  2009 Cranberry Crop Cost Test Reserve            

43

  Perpetuals Overstated to GL            

44

  Less Ineligible — Other (attach schedule)            

45

  Total Ineligibles Inventory            

21

  Total Eligible Collateral            

22

  Advance Rate Percentage            

23

  Net Available - Borrowing Base Value            

24

  Reserves -Canadian Priming Liens            

24

  Reserves - Rent            

24

  Reserves - Payroll            

24

  Reserves - Payments to Co-Packers            

24

  Reserves - Ring Fence            


* * * CONFIDENTIAL * * *

 

24

Reserves - Earnout

25

Total Borrowing Base Value

25.A

Total Availability/ CAPS

26

Revolver Line Total Revolver Line

26A

Line Reserve

27

Maximum Borrowing Limit (Lesser of 25. or 26.)* Total Available

27A

Suppressed Availability
LOAN STATUS

28

PreviousLoan Balance (Previous Report Line 31)

29

Less:      A. Net Repayments

               B. Adjustments / Other                     

30

Add:       A. Request for Funds

               B. Adjustments / Other                     

31

New Loan Balance Total New Loan Balance:

32

Letters of Credit/Bankers Acceptance Outstanding

33

Availability Not Borrowed (Lines 27 less 31 & 32)

34

Term Loan

35

OVERALL EXPOSURE (lines 31 & 34)

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME: AUTHORIZED SIGNATURE:
Cott Corporation


* * * CONFIDENTIAL * * *

 

LOGO

           COTT COMBINED BORROWING BASE REPORT
         Rpt #
Obligor Number:          Date:
Loan Number:          Period Covered:                                

 

COLLATERAL CATEGORY

   Real Estate
M & E
  

Total Eligible Collateral

Description               

1

   Existing Real Estate (Appraised FMV)         

2

           

3

   Beginning Balance ( Previous report - Line 3)         

4

   Additions to Collateral         

5

   Deductions to Collateral         

6

   Total Ending Collateral Balance         

7

   Advance Rate Percentage         

8

   Net Available - Borrowing Base Value*          Mths Outstanding
         *Rounded to tie to Credit Agreement          Per debt agreement

1

   Machinery & Equipment (Appraised NOLV)          RE Percentage

2

           

3

   Beginning Balance ( Previous report - Line 12)         

4

   Additions to Collateral         

5

   Deductions to Collateral          Mths Outstanding

6

   Total Ending Collateral Balance          Per debt agreement

7

   Advance Rate Percentage          Equip Percentage

8

   Net Available - Borrowing Base Value*         
         *Rounded to tie to Credit Agreement         

1

   New Real Estate (Appraised FMV)         

2

           

3

   Beginning Balance ( Previous report - Line 3)         

4

   Additions to Collateral         

5

   Deductions to Collateral         

6

   Total Ending Collateral Balance         

7

   Advance Rate Percentage         

8

   Net Available - Borrowing Base Value*          Mths Outstanding
         *Rounded to tie to Credit Agreement          Per debt agreement

1

   Machinery & Equipment (Appraised NOLV)          RE Percentage

1

   Fixed Assets         
   Fixed Asset Sublimit         

2

   Combined Fixed Asset Availability         

3

           

4

           

5

           

6

   Total eligibles - M&E/Real Estate         

25

   Total Borrowing Base Value         

25.A

   Total Availability/ CAP         

26

   Revolver Line         

26A

   Line Reserve         

27

   Maximum Borrowing Limit (Lesser of 25. or 26.)*       Total Available   

27A

   Suppressed Availability         

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME:    AUTHORIZED SIGNATURE:
Cott Corporation   


* * * CONFIDENTIAL * * *

 

Exhibit B-2

FORM OF AGGREGATE BORROWING BASE CERTIFICATE

See attached.


* * * CONFIDENTIAL * * *

 

LOGO    COTT COMBINED BORROWING BASE REPORT   
      Rpt #   
Obligor Number:          Date:   
Loan Number:          Period Covered:   

 

COLLATERAL CATEGORY    A/R    Inventory    Real Estate
M & E
  

Total Eligible Collateral

     Description                    

1

   Beginning Balance ( Previous report - Line 8)            

2

   Additions to Collateral (Gross Sales or Purchases)            

3

  

Other Additions (Add back any non - A/R cash in line 3)

           

4

   Deductions to Collateral (Cash Received)            

5

   Deductions to Collateral (Discounts, other)            

6

   Deductions to Collateral (Credit Memos, all)            

7

   Other non-cash credits to A/R            

8

   Total Ending Collateral Balance            

9

   Past Due > 60            

10

   Credits in Prior            

11

   Crossage            

12

   Contras            

13

   Foreign Not Covered by L/C            

14

   Federal Government            

15

   Loss of Profit Penalties Reserve            

16

   Chargebacks (Current)            

17

   Miscellaneous Sales Rent            

18

   Contamination Reserve            

19

   Intercompany/Affiliates            

20

   Shortpays (Current)            

21

   Debit Memos            

22

   Accruals for Billbacks            

23

   Volume Rebate Accruals            

24

   Dilution Reserve - Various            

25

   Accrued Deposits - POP            

26

   Cash Received not Posted            

27

  

Less Ineligible - Other (includes bankruptcy customers)

           

28

   Total Ineligibles - Accounts Receivable            

29

   Work In Process            

30

   Quarantine Stock (QA Stock)            

31

   Short Dated            

32

   Slow Moving/Obsolete            

33

   Retention of Title            

34

   Packaging Supplies            

35

   Held Goods            

36

   Capitalization/Revaluation Reserve            

37

   Co-pack Ingredients            

38

   Consigned Inventory            

39

   NRV Adjustment            

40

   Warehouse Overhead            

41

   Grape Bottoms            

42

   2009 Cranberry Crop Cost Test Reserve            

43

   Perpetuals Overstated to GL            

44

   Less Ineligible — Other (attach schedule)            

45

   Total Ineligibles Inventory            

21

   Total Eligible Collateral            

22

   Advance Rate Percentage            

23

   Net Available - Borrowing Base Value            

24

   Reserves - Canadian Priming Liens            

24

   Reserves - Rent            

24

   Reserves - Payroll            

24

   Reserves - Payments to Co-Packers            

24

   Reserves - PACA            

24

   Reserves - Ring Fence            

24

   Reserves - Earnout            

25

   Total Borrowing Base Value            

25A

   Total Availability/ Eligible INV CAP            


* * * CONFIDENTIAL * * *

 

26

Revolver Line Total Revolver Line

26A

Line Reserve

27

Maximum Borrowing Limit (Lesser of 25. or 26.)* Total Available

27A

Suppressed Availability
LOAN STATUS

28

Previous Loan Balance (Previous Report Line 31)

29

Less:      A. Net Repayments

               B. Adjustments / Other                     

30

Add:       A. Request for Funds

               B. Adjustments / Other                     

31

New Loan Balance Total New Loan Balance:

32

Letters of Credit/Bankers Acceptance Outstanding

33

Availability Not Borrowed (Lines 27 less 31 & 32)

34

Term Loan

35

OVERALL EXPOSURE (lines 31 & 34)

Pursuant to, and in accordance with, the terms and provisions of that certain Credit Agreement, as amended by Amendment No. 1, dated as of April 19, 2012, as further amended by Amendment No. 2, dated as of July 19, 2012, as further amended by Amendment No. 3, dated as of October 22, 2013, as further amended by Amendment No. 4, dated as of May 28, 2014, and as further amended by Amendment No. 5, dated as of December 12, 2014 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), among COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Borrower Representative”), COTT BEVERAGES INC., a Georgia corporation, CLIFFSTAR LLC, a Delaware limited liability company, COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales, and DS SERVICES OF AMERICA, INC., a Delaware corporation, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as UK Security Trustee, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Administrative Collateral Agent, and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Collateral Agent, Borrower Representative is executing and delivering to the Administrative Agent and the Collateral Agents this Borrowing Base Certificate accompanied by supporting data (collectively referred to as a “Report”). Borrower Representative warrants and represents to the Secured Parties that this Report is true, correct, and based on information contained in the applicable Loan Parties’ own financial accounting records. Borrower Representative, by the execution of this Report, hereby ratifies, confirms and affirms all of the terms, conditions and provisions of the Agreement and the other Loan Documents, and further certifies on this 12th day of December, 2014 that the Loan Parties are in compliance with the Agreement and the other Loan Documents. Capitalized terms used but not defined in this Report shall have the meaning assigned to such term in the Agreement.

 

BORROWER NAME: AUTHORIZED SIGNATURE
Cott Corporation


* * * CONFIDENTIAL * * *

 

Exhibit C

FORM OF COMPLIANCE CERTIFICATE

See attached.


* * * CONFIDENTIAL * * *

 

COMPLIANCE CERTIFICATE

 

To: The Administrative Agent and the Lenders party to the

Credit Agreement Described Below

This Compliance Certificate is furnished pursuant to that certain Credit Agreement, dated as of August 17, 2010 (as amended by that certain Amendment No. 1 to Credit Agreement, dated as of April 19, 2012, and further amended by that certain Amendment No. 2 to Credit Agreement, dated as of July 19, 2012, and further amended by that certain Amendment No. 3 to Credit Agreement, dated as of October 22, 2013, and further amended by that certain Amendment No. 4 to Credit Agreement, dated as of May 28, 2014, and further amended by that certain Amendment No. 5 to Credit Agreement, dated as of December 12, 2014, and s may be further amended, restated, supplemented, modified, renewed or extended from time to time, the “Agreement”), among Cott Corporation Corporation Cott, a corporation organized under the laws of Canada, Cott Beverages Inc., a Georgia corporation, Cliffstar LLC, a Delaware limited liability company, DS Services of America, Inc., a Delaware corporation, and Cott Beverages Limited, a company organized under the laws of England and Wales, as Borrowers, the other Loan Parties party hereto, the Lenders party hereto, JPMorgan Chase Bank, N.A., London Branch, as UK Security Trustee, JPMorgan Chase Bank, N.A., as Administrative Agent and Administrative Collateral Agent, General Electric Capital Corporation, as Co-Collateral Agent, and the other parties thereto. Unless otherwise defined herein, capitalized terms used in this Compliance Certificate have the meanings ascribed thereto in the Agreement.

THE UNDERSIGNED HEREBY CERTIFIES ON BEHALF OF THE BORROWERS AND NOT IN THE UNDERSIGNED’S INDIVIDUAL CAPACITY, THAT:

1. I am the duly elected                     1 of the Borrower Representative;

2. I have reviewed the terms of the Agreement and I have made, or have caused to be made under my supervision, a detailed review of the transactions and conditions of the Company and its Subsidiaries during the accounting period covered by the attached financial statements [for quarterly or monthly financial statements add: and such financial statements present fairly in all material respects the financial condition and results of operations of the Company and its consolidated Subsidiaries on a consolidated basis in accordance with GAAP consistently applied, subject to normal year-end audit adjustments and the absence of footnotes];

3. The examinations described in paragraph 2 did not disclose, except as set forth below, and I have no knowledge of (i) the existence of any condition or event which constitutes a Default during or at the end of the accounting period covered by the attached financial statements or as of the date of this Certificate or (ii) any change in GAAP or in the application thereof that has occurred since the date of the audited financial statements referred to in Section 3.04 of the Agreement;

 

 

1  Financial Officer or Treasurer of the Borrower Representative.


* * * CONFIDENTIAL * * *

 

4. I hereby certify that no Loan Party has changed (i) its name, (ii) its chief executive office, (iii) its principal place of business, (iv) the type of entity it is or (v) its state or other jurisdiction of incorporation or organization without having given the Agent the notice required by Section 4.15 of the U.S. Security Agreement or Section 4.15 of the Canadian Security Agreement, as applicable;

[5. (i) Schedule I(a) attached hereto sets forth financial data and computations of the Fixed Charge Coverage Ratio for the fiscal quarter most recently ended and, if applicable, evidencing the Borrowers’ compliance with the covenant contained in Section 6.13 of the Agreement, all of which data and computations are true, complete and correct in all material respects and (ii) Schedule I(b) attached hereto sets forth financial data and computations of the Consolidated Leverage Ratio as of the last day of the fiscal quarter most recently ended, all of which data and computations are true, complete and correct in all material respects;]2

[6. Schedule II attached hereto sets forth an updated Customer List;]3

7. Schedule III attached hereto sets forth a detailed listing of all intercompany loans made by any of the Loan Parties or their Restricted Subsidiaries since the delivery of the last Compliance Certificate (or if no Compliance Certificate has been previously delivered, since the Effective Date);

[8. Schedule IV sets forth a list of (i) all Intellectual Property owned by the Loan Parties which is the subject of a registration or application in any intellectual property registry which has been acquired, filed or issued since the delivery of the last Compliance Certificate (or if no Compliance Certificate has been previously delivered, since the Effective Date), and (ii) any material licenses of Intellectual Property to which any Loan Party has become a party to or otherwise bound by (whether as licensor or licensee) since the delivery of the last Compliance Certificate (or if no Compliance Certificate has been previously delivered, since the Effective Date);]4

[9. Schedule V sets forth (i) a calculation of (x) EBITDA for the period of four fiscal quarters of the Company and its Subsidiaries most recently ended, and (y) consolidated total assets of the Company and its Subsidiaries as at the last day of such four fiscal quarter period and (ii) calculations demonstrating compliance with the limitations set forth in Section 5.13(a)(iii) of the Agreement;]5

10. Schedule VI sets forth a list of all commercial tort claims (as defined in the UCC) in excess of $1,000,000 acquired by the Loan Parties since the delivery of the last Compliance Certificate (or if no Compliance Certificate has been previously delivered, since the Effective Date); and

11. Schedule VII sets forth a list of all letters of credit (other than those that are supporting obligations (within the meaning of the UCC) for other Collateral that is subject to a perfected security interest in favor of the Administrative Agent) in excess of $1,000,000 as to which any Loan Party is the beneficiary and acquired by the Loan Parties since the delivery of the last Compliance Certificate (or if no Compliance Certificate has been previously delivered, since the Effective Date).

 

 

2  Schedule I is only required for each quarter of each fiscal year of the Company.
3  Schedule II is only required for the first and third quarters of each fiscal year of the Company.
4  Schedule IV is only required for the fourth quarter of each fiscal year of the Company.
5  Schedule V is only required for each quarter of each fiscal year of the Company.


* * * CONFIDENTIAL * * *

 

12. Schedule VIII sets forth any change in any Loan Party’s mailing address, corporate offices or warehouses or locations at which Collateral is held or stored, or the location of its records concerning the Collateral as set forth in the Security Agreement, since the delivery of the last Compliance Certificate (or if no Compliance Certificate has been previously delivered, since the Effective Date).

[Enclosed with this Compliance Certificate is a certificate of good standing for each U.S. Co-Borrower from the appropriate governmental officer in its jurisdiction of incorporation (or if such certificate of good standing is not enclosed with this Compliance Certificate, then an order has been placed by such U.S. Co-Borrower to obtain the same prior to the date hereof).]6

Described below are the exceptions, if any, to paragraph 3 listing, in detail, the (i) nature of the condition or event, the period during which it has existed and the action which the Borrowers have taken, are taking, or propose to take with respect to each such condition or event or (ii) the change in GAAP or the application thereof and the effect of such change on the attached financial statements:

 

    
    
    
    
    

The foregoing certifications[, together with the computations set forth in [Schedule I] [and] [Schedule V] hereto] and the financial statements delivered with this Certificate in support hereof, are made and delivered this      day of             ,         .

 

COTT CORPORATION

CORPORATION COTT,

  as Borrower Representative
By:

 

Name:

 

Title:

 

 

 

6  The certificate of good standing is only required for the first and third quarters of each fiscal year of the Company.


* * * CONFIDENTIAL * * *

 

[SCHEDULE I]

(a)

[Calculations of Fixed Charged Coverage Ratio as of                     ,         ]

(b)

[Calculations of Consolidated Leverage Ratio as of                     ,         ]


* * * CONFIDENTIAL * * *

 

[SCHEDULE II]

[Customer List]


* * * CONFIDENTIAL * * *

 

SCHEDULE III

Intercompany Loans


* * * CONFIDENTIAL * * *

 

[SCHEDULE IV]

[Intellectual Property]


* * * CONFIDENTIAL * * *

 

[SCHEDULE V]

[Calculation of EBITDA for the period of four fiscal quarters of the Company and its Subsidiaries ended             ,         ]

[Calculation of consolidated total assets of the Company and its Subsidiaries as at the last day of             ,         ]

[Calculations demonstrating compliance with the limitations set forth in Section 5.13(a)(iii) of the Agreement]


* * * CONFIDENTIAL * * *

 

SCHEDULE VI

Commercial Tort Claims


* * * CONFIDENTIAL * * *

 

SCHEDULE VII

Letters of Credit


* * * CONFIDENTIAL * * *

 

SCHEDULE VIII

Change of Mailing Address and Location


* * * CONFIDENTIAL * * *

 

Exhibit G

FORM OF INTERCREDITOR AGREEMENT

See attached.


* * * CONFIDENTIAL * * *

 

AMENDED AND RESTATED INTERCREDITOR AGREEMENT

dated as of

December 12, 2014

among

JPMORGAN CHASE BANK, N.A.,

as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent,

and a First-Priority Collateral Agent,

JPMORGAN CHASE BANK, N.A., LONDON BRANCH,

as a Credit Agreement Collateral Agent

and a First-Priority Collateral Agent,

WILMINGTON TRUST, NATIONAL ASSOCIATION,

as Notes Collateral Agent and Second-Priority Collateral Agent,

each Other First-Priority Representative from time to time party hereto,

each Other Second-Priority Representative from time to time party hereto,

COTT CORPORATION CORPORATION COTT,

COTT BEVERAGES INC.,

COTT BEVERAGES LIMITED,

CLIFFSTAR LLC,

DS SERVICES HOLDINGS, INC.,

DS SERVICES OF AMERICA, INC.,

and

The Subsidiaries of Cott Corporation Corporation Cott from time to time party hereto


* * * CONFIDENTIAL * * *

 

TABLE OF CONTENTS

 

          Page  
Section 1.    Definitions      2   
   1.1      Defined Terms      2   
   1.2      Terms Generally      11   
Section 2.    Lien Priorities      11   
   2.1      Subordination of Liens      11   
   2.2      Prohibition on Contesting Liens      12   
   2.3      No New Liens      12   
   2.4      Perfection of Liens      13   
   2.5      Nature of First-Priority Secured Party Claims      13   
   2.6      Certain Cash Collateral      14   
Section 3.    Enforcement      14   
   3.1      Exercise of Remedies      14   
   3.2      Cooperation      16   
   3.3      Second-Priority Collateral Agent and Second-Priority Secured Parties Waiver      17   
   3.4      Actions Upon Breach      17   
Section 4.    Payments      18   
   4.1      Application of Proceeds      18   
   4.2      Payments Over      18   
Section 5.    Other Agreements      18   
   5.1      Releases      18   
   5.2      Insurance      19   
   5.3      Amendments to Second-Priority Collateral Documents      20   
   5.4      Rights as Unsecured Creditors      22   
   5.5      First-Priority Collateral Agents as Gratuitous Bailees/Agents for Perfection      22   
   5.6      Second-Priority Collateral Agent as Gratuitous Bailee/Agent for Perfection      24   
   5.7      When Discharge of First-Priority Obligations Deemed to Not Have Occurred      26   
   5.8      No Release Upon Discharge of First-Priority Obligations      27   
Section 6.    Insolvency or Liquidation Proceedings      27   
   6.1      Financing Issues      27   
   6.2      Relief from the Automatic Stay      27   
   6.3      Adequate Protection      28   
   6.4      Preference Issues      29   
   6.5      Application      29   
   6.6      506(c) Claims      29   

 

i


* * * CONFIDENTIAL * * *

 

6.7 Separate Grants of Security and Separate Classifications   30   
6.8 Section 1111(b)(2) Waiver   30   
6.9 Asset Sales   30   
6.10 Reorganization Securities   31   
6.11 No Waivers of Rights of First-Priority Secured Parties   31   
6.12 Post-Petition Interest   32   
6.13 Other Matters   32   
6.14 Filing of Motions   32   
Section 7. Reliance; Waivers; Etc.   32   
7.1 Reliance   32   
7.2 No Warranties or Liability   33   
7.3 Obligations Unconditional   33   
7.4 No Waivers   34   
Section 8. Miscellaneous   34   
8.1 Conflicts   34   
8.2 Continuing Nature of this Agreement; Severability   34   
8.3 Amendments; Waivers   35   
8.4 Information Concerning Financial Condition of the Company and the Subsidiaries   36   
8.5 Subrogation   36   
8.6 Application of Payments   36   
8.7 Consent to Jurisdiction; WAIVER OF JURY TRIAL; Other Waivers   37   
8.8 Notices   37   
8.9 Further Assurances   37   
8.10 Governing Law   38   
8.11 Binding on Successors and Assigns   38   
8.12 Specific Performance   38   
8.13 Section Titles   38   
8.14 Counterparts   38   
8.15 Authorization   38   
8.16 No Third Party Beneficiaries; Successors and Assigns   39   
8.17 Effectiveness   39   
8.18 First-Priority Representatives and Second-Priority Representatives   39   
8.19 Relative Rights   39   
8.20 Second-Priority Collateral Agent   40   
8.21 Joinder Requirements   40   
8.22 Intercreditor Agreements   41   

 

ii


* * * CONFIDENTIAL * * *

 

Exhibits and Schedule

 

Exhibit A Form of Joinder Agreement (Other First-Priority Obligations)
Exhibit B Form of Joinder Agreement (Other Second-Priority Obligations)
Exhibit C Form of Joinder Agreement (New Grantor)

 

Schedule I Subsidiary Parties

 

iii


* * * CONFIDENTIAL * * *

 

AMENDED AND RESTATED INTERCREDITOR AGREEMENT

AMENDED AND RESTATED INTERCREDITOR AGREEMENT dated as of December 12, 2014, among JPMORGAN CHASE BANK, N.A. (“Chase”), as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent, WILMINGTON TRUST, NATIONAL ASSOCIATION, as Notes Collateral Agent and Second-Priority Collateral Agent, each additional Other First-Priority Representative and Other Second-Priority Representative that from time to time becomes a party hereto pursuant to Section 8.21, COTT CORPORATION CORPORATION COTT, a corporation organized under the laws of Canada (the “Company”), COTT BEVERAGES INC., a Georgia corporation (“Cott Beverages”), CLIFFSTAR LLC, a Delaware limited liability company (“Cliffstar”), COTT BEVERAGES LIMITED, a company organized under the laws of England and Wales (“CBL”), DS SERVICES OF AMERICA, INC., a Delaware corporation (formerly known as DS Waters of America, Inc.) (“DS Services”), DS SERVICES HOLDINGS, INC., a Delaware corporation (formerly known as DS Waters Enterprises, Inc.) (“DS Holdings”), and each Subsidiary of the Company listed on Schedule I hereto or that otherwise becomes a party hereto pursuant to Section 8.21.

A. DS Services is party to an asset based lending facility (the “Existing ABL”) and a term loan (the “Existing Term Loan”), each dated August 30, 2013, in connection with which it entered into intercreditor agreements, each dated as of August 30, 2013 (the “Existing Intercreditor Agreements”) that govern the relative priority of the liens securing DS Services’ obligations under the Existing ABL, the Existing Term Loan, its existing 10.000% Second-Priority Senior Secured Notes due 2021, and other obligations. In connection with the repayment of the obligations and the termination of the commitments under the Existing ABL and the Existing Term Loan and the entry into the Credit Agreement (as defined below), the Existing Intercreditor Agreements are being amended and restated by way of this Amended and Restated Intercreditor Agreement.

B. The Company, Cott Beverages, Cliffstar, CBL and DS Services, as borrowers, the other loan parties party thereto from time to time, the lenders party hereto from time to time, JPMorgan Chase Bank, N.A., as administrative agent and administrative collateral agent, the other agents from time to time party thereto, and the other parties from time to time party thereto are party to the Credit Agreement, dated as of the date hereof (as amended, restated, supplemented, Refinanced, or otherwise modified from time to time, the “Credit Agreement”).

C. The Credit Agreement is included in the definition of “New Credit Agreement” under the Notes Indenture (as defined below), and the Credit Agreement Secured Obligations of the Company and certain of its Subsidiaries under the Credit Agreement and the Credit Agreement Documents constitute Credit Agreement Secured Obligations and First-Priority Obligations hereunder.

D. DS Services, as issuer, the Company, Cott Beverages, Cliffstar, CBL and DS Services, and certain of their Subsidiaries and Wilmington Trust, National Association, as trustee and collateral agent, are party to that certain Indenture, dated as of August 30, 2013, among DS Services of America, Inc., the guarantors party thereto and Wilmington Trust,


* * * CONFIDENTIAL * * *

 

National Association, as trustee and collateral agent, as amended by the Supplemental Indenture dated as of August 30, 2013, that certain Second Supplemental Indenture dated as of December 2, 2014 and that certain Third Supplemental Indenture dated as of December 12, 2014 (as the foregoing are amended, restated, supplemented or otherwise modified from time to time, the “Notes Indenture”) pursuant to which the 10.000% Second Priority Senior Secured Notes due 2021 were originally issued on August 30, 2013. The Obligations of the Company and certain of its Subsidiaries under the Notes Indenture and the other Notes Documents constitute Notes Obligations and Second-Priority Obligations hereunder.

Accordingly, in consideration of the foregoing, the mutual covenants and obligations herein set forth and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

Section 1. Definitions.

1.1 Defined Terms. As used in this Agreement, the following terms have the meanings specified below:

Agreement” shall mean this Intercreditor Agreement, as amended, restated, renewed, extended, supplemented or otherwise modified from time to time in accordance with the terms hereof.

Bankruptcy Law” shall mean Title 11 of the United States Code and any similar federal, state or foreign law for the relief of debtors, and any other applicable insolvency or other similar law of any jurisdiction, including any law of any jurisdiction permitting a debtor to obtain a stay or a compromise of the claims of its creditors against it and including any rules and regulations pursuant thereto, and including any provision for arrangement of debt obligations under applicable constating corporate laws.

Business Day” shall mean any day other than a Saturday, a Sunday or a day that is a legal holiday under the laws of the State of New York or on which banking institutions in the State of New York are required or authorized by law or other governmental action to close.

Cash Management Obligations” means, with respect to any Person, any and all obligations of such Person, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor) in connection with the following banking services: (a) commercial credit cards, (b) stored value cards and (c) treasury management services (including, without limitation, controlled disbursement, automated clearinghouse transactions, return items, overdrafts and interstate depository network services), including all “Banking Services Obligations”, as defined in the Credit Agreement, or any equivalent term under any future Credit Agreement.

CBL” shall have the meaning set forth in the preamble.

Chase” shall have the meaning set forth in the preamble.

 

2


* * * CONFIDENTIAL * * *

 

Cliffstar” shall have the meaning set forth in the preamble.

Common Collateral” means all of the assets of any Grantor, whether real, personal or mixed, constituting both First-Priority Collateral and Second-Priority Collateral.

Company” shall have the meaning set forth in the preamble.

Comparable Second-Priority Collateral Document” shall mean, in relation to any Common Collateral subject to any Lien created under any First-Priority Collateral Document, those Second-Priority Collateral Documents that create a Lien on the same Common Collateral, granted by the same Grantor.

Cott Beverages” shall have the meaning set forth in the preamble.

Credit Agreement” shall have the meaning set forth in the recitals.

Credit Agreement Administrative Agent” shall mean Chase, in its capacity as administrative agent under the Credit Agreement and the other Credit Agreement Documents, and its permitted successors in such capacity, or any other Person acting in an equivalent capacity under any future Credit Agreement.

Credit Agreement Collateral” shall mean all of the assets of any Grantor, whether now owned or hereafter acquired by any Grantor, whether real, personal or mixed, in which a Lien is granted or purported to be granted to any Credit Agreement Secured Party as security for any Credit Agreement Secured Obligations.

Credit Agreement Collateral Agents” shall mean (i) JPMorgan Chase Bank, N.A., London Branch, as UK security trustee, and (ii) Chase, as administrative collateral agent, in each case under the Credit Agreement Documents, together with its successors and permitted assigns under the Credit Agreement Documents exercising substantially the same rights and powers, or any other Person or Persons acting in an equivalent capacity under any future Credit Agreement Documents.

Credit Agreement Collateral Documents” means all “Collateral Documents” as defined in the Credit Agreement (or any equivalent term under any future Credit Agreement), and any other documents now existing or entered into after the date hereof that create (or purport to create) Liens on any assets or properties of any Grantor to secure any Credit Agreement Secured Obligations, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.

Credit Agreement Documents” means the Credit Agreement, the Credit Agreement Collateral Documents and the other “Loan Documents” as defined in the Credit Agreement (or any equivalent term under any future Credit Agreement), in each case as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.

Credit Agreement Obligations” means (i) all “Secured Obligations” as such term is defined in the Credit Agreement (including any Post-Petition Interest), and (ii) all other

 

3


* * * CONFIDENTIAL * * *

 

obligations to pay principal, premium, if any, and interest (including any Post-Petition Interest) when due and payable, and all other amounts due or to become due under or in connection with the Credit Agreement Documents and the performance of all other Obligations of the obligors thereunder to the lenders and agents under the Credit Agreement Documents, according to the respective terms thereof.

Credit Agreement Secured Obligations” means, collectively, (i) the Credit Agreement Obligations and (ii) any First-Priority Cash Management Obligations and First-Priority Hedging Obligations included in the term “Secured Obligations” as defined in the Credit Agreement. To the extent any payment with respect to any Credit Agreement Secured Obligation (whether by or on behalf of any Grantor, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance, a preference, a transfer for undervalue or equivalent or similar transaction under the laws of any jurisdiction in any respect, set aside or required to be paid to a debtor in possession, any Second-Priority Secured Party, receiver, trustee in bankruptcy or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the Credit Agreement Secured Parties and the Second-Priority Secured Parties, be deemed to be reinstated and outstanding as if such payment had not occurred.

Credit Agreement Secured Parties” means the “Secured Parties” as defined in the Credit Agreement (or any equivalent term under any future Credit Agreement).

Deposit Account” shall have the meaning set forth in the Uniform Commercial Code.

Deposit Account Collateral” shall mean that part of the Common Collateral (if any) comprised of or contained in Deposit Accounts or Securities Accounts.

DIP Financing” shall have the meaning set forth in Section 6.1.

Discharge of First-Priority Obligations” shall mean, except to the extent otherwise provided in Section 5.7, the first date on which (a) the First-Priority Obligations (except for contingent indemnities and cost and reimbursement obligations to the extent no claim has been made) have been indefeasibly paid in cash in full (or cash collateralized or defeased in accordance with the terms of the First-Priority Documents), (b) all commitments to extend credit under the First-Priority Documents have been terminated, (c) there are no outstanding letters of credit or similar instruments issued under the First-Priority Documents (other than such as have been cash collateralized or defeased in accordance with the terms of the First-Priority Documents), and (d) the First-Priority Collateral Agent and each other First-Priority Representative has delivered a written notice to the Second-Priority Representative stating that the events described in clauses (a), (b) and (c) have occurred to the satisfaction of the First-Priority Secured Parties.

DS Holdings” shall have the meaning set forth in the preamble.

DS Services” shall have the meaning set forth in the preamble.

 

4


* * * CONFIDENTIAL * * *

 

First-Priority Cash Management Obligations” means any Cash Management Obligations secured by or purported to be secured by any Common Collateral under the First-Priority Collateral Documents.

First-Priority Collateral” shall mean the Credit Agreement Collateral and all of the assets of any Grantor, whether now owned or hereafter acquired by any Grantor, whether real, personal or mixed, in which a Lien is granted or purported to be granted to any Other First-Priority Secured Party as security for any Other First-Priority Obligations.

First-Priority Collateral Agent” shall mean (a) at any time the Credit Agreement is in effect, the Credit Agreement Collateral Agents and (b) at any other time, such agent, representative or trustee (or Person acting in an equivalent capacity) as is designated “First-Priority Collateral Agent” by the First-Priority Secured Parties pursuant to the terms of the First-Priority Documents.

First-Priority Collateral Documents” means (a) the Credit Agreement Collateral Documents and (b) any documents now existing or entered into after the date hereof that create (or purport to create) Liens on any assets or properties of any Grantor to secure any First-Priority Cash-Management Obligations, First-Priority Hedging Obligations or any Other First-Priority Obligations.

First-Priority Credit Documents” means (a) the Credit Agreement Documents and (b) any Other First-Priority Documents.

First-Priority Documents” means (a) the Credit Agreement Documents, (b) the Other First-Priority Documents, and (c) each agreement, document or instrument providing for or evidencing a First-Priority Hedging Obligation or First-Priority Cash Management Obligation, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.

First-Priority Hedging Obligations” means any Hedging Obligations secured by or purported to be secured by any Common Collateral under the First-Priority Collateral Documents.

First-Priority Obligations” means (a) the Credit Agreement Secured Obligations, (b) the Other First-Priority Obligations, and (c) the First-Priority Hedging Obligations and First-Priority Cash Management Obligations (including without limitation any Post-Petition Interest thereon) (which, in the case of Other First-Priority Obligations, shall be deemed to be part of the Series of Other First-Priority Obligations to which they relate to the extent provided in the applicable Other First-Priority Document).

First-Priority Representatives” shall mean (a) in the case of the Credit Agreement Secured Obligations, the Credit Agreement Administrative Agent and (b) in the case of any Series of First-Priority Obligations, the Other First-Priority Representative with respect thereto. The term “First-Priority Representatives” shall include the First-Priority Collateral Agents as the context requires.

 

5


* * * CONFIDENTIAL * * *

 

First-Priority Secured Parties” shall mean (a) the Credit Agreement Secured Parties and (b) the Other First-Priority Secured Parties, including the First-Priority Representatives and the First Priority Collateral Agents.

Grantors” shall mean the Company and each of its Subsidiaries that has executed and delivered a First-Priority Collateral Document or a Second-Priority Collateral Document.

Hedging Obligations” means, with respect to any Person, any and all obligations of such Person, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor), under (a) any agreement with respect to (i) the purchase of any commodity (including, without limitation, resin) used or consumed in the ordinary course of the Company’s business (including any commodity sold by the Company or any of its Subsidiaries directly to a vendor solely for the purpose of being used or consumed to manufacture products of the Company or any of its Subsidiaries in the ordinary course of such vendor’s business), in each case by any Grantor and (ii) any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Company or any of its Subsidiaries shall be an agreement in respect of Hedging Obligations and (b) any and all cancellations, buy backs, reversals, terminations or assignments of any transaction described in clause (a) of this definition, including all “Swap Agreement Obligations”, as defined in the Credit Agreement, or any equivalent term under any future Credit Agreement.

Insolvency or Liquidation Proceeding” shall mean (a) any voluntary or involuntary case or proceeding under any Bankruptcy Law with respect to any Grantor, (b) any other voluntary or involuntary insolvency, administration, reorganization, arrangement of debt obligations under constating corporate statutes or bankruptcy case or proceeding, or any receivership, liquidation, administration, reorganization or other similar case or proceeding with respect to any Grantor or with respect to any of its assets, (c) any liquidation, dissolution, reorganization, administration or winding up of any Grantor whether voluntary or involuntary and whether or not involving insolvency or bankruptcy (except for any voluntary liquidation, dissolution or other winding up to the extent expressly permitted by the applicable First-Priority Documents and Second-Priority Documents) or (d) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of any Grantor.

Lien” means, with respect to any asset, (a) any mortgage, deed of trust, lien, hypothecation, pledge, charge, security interest or encumbrance in, on or of such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease, statutory trust or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset and (c) in the case of securities, any purchase option, call or similar right of a third party with respect to such securities.

 

6


* * * CONFIDENTIAL * * *

 

Notes Collateral” shall mean all of the assets of any Grantor, whether now owned or hereafter acquired by any Grantor, whether real, personal or mixed, in which a Lien is granted or purported to be granted to any Notes Secured Party as security for any Notes Obligations.

Notes Collateral Agent” shall mean Wilmington Trust, National Association, in its capacity as collateral agent under the Notes Indenture and the Notes Collateral Documents, and its permitted successors in such capacity.

Notes Collateral Agreement” means the Amended and Restated Collateral Agreement (Second Lien) dated as of the date hereof, among the Company, certain of its Subsidiaries and the Notes Collateral Agent, as amended, restated, supplemented or modified from time to time.

Notes Collateral Documents” means the Notes Collateral Agreement, and any documents now existing or entered into after the date hereof that create (or purport to create) Liens on any assets or properties of any Grantor to secure any Notes Obligations, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.

Notes Documents” shall mean (a) the Notes Indenture and the Notes Collateral Documents and (b) any other related document or instrument executed and delivered pursuant to any Notes Document described in clause (a) above evidencing or governing any Obligations thereunder, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.

Notes Indenture” shall have the meaning set forth in the recitals.

Notes Obligations” means all “Obligations” (as such term is defined in the Notes Indenture) of the Company and other obligors under the Notes Indenture or any of the other Notes Documents, and all other obligations to pay principal, premium, if any, and interest (including without limitation any Post-Petition Interest) when due and payable, and all other amounts due or to become due under or in connection with the Notes Documents and the performance of all other Obligations of the obligors thereunder to the Notes Secured Parties under the Notes Documents, according to the respective terms thereof.

Notes Secured Parties” shall mean the holders of any Notes Obligations, including the Trustee and the Notes Collateral Agent.

Obligations” means any principal, interest (including without limitation any Post-Petition Interest), premium, penalties, fees indemnifications, reimbursements (including reimbursement obligations with respect to letters of credit and bankers’ acceptances and interest thereon (including without limitation any Post-Petition Interest)), damages and other liabilities payable under the documentation governing any indebtedness; provided, that Obligations with respect to the Notes Obligations shall not include fees or indemnifications in favor of third parties other than the Trustee, the Notes Collateral Agent and the Notes Secured Parties.

 

7


* * * CONFIDENTIAL * * *

 

Other First-Priority Collateral Agent” means, with respect to any Series of Other First-Priority Obligations, any Other First-Priority Representative that acts in the capacity of a collateral agent (or in an equivalent capacity) with respect thereto.

Other First-Priority Documents” means each of the agreements, documents and instruments providing for, evidencing or securing (or purporting to secure) any Other First-Priority Obligations of the Grantors and any other related document or instrument executed or delivered pursuant to any Other First-Priority Document at any time or otherwise evidencing or securing (or purporting to secure) any indebtedness or other obligations arising under any Other First-Priority Document, in each case as the same may be amended, restated, supplemented, Refinanced or otherwise modified from time to time in accordance with the terms thereof.

Other First-Priority Obligations” means any indebtedness or Obligations (other than Credit Agreement Secured Obligations) of the Grantors that are to be secured with a Lien on the Collateral senior to the Liens securing the Notes Obligations and are designated by the Company as Other First-Priority Obligations hereunder; provided, however, that the requirements set forth in Section 8.21 shall have been satisfied.

Other First-Priority Representative” means, with respect to any Series of Other First-Priority Obligations or any separate facility within such Series, the Person elected, designated or appointed as the administrative agent, trustee or other representative of such Series or facility by or on behalf of the holders of such Series or facility, and its respective successors in substantially the same capacity as may from time to time be appointed.

Other First-Priority Secured Parties” shall mean the Persons holding Other First-Priority Obligations, including the Other First-Priority Representatives.

Other Second-Priority Collateral Agent” with respect to any Series of Other Second-Priority Obligations, any Other Second-Priority Representative that acts in the capacity of a collateral agent (or in an equivalent capacity) with respect thereto.

Other Second-Priority Documents” means each of the agreements, documents and instruments providing for, evidencing or securing (or purporting to secure) any Other Second-Priority Obligations and any other related document or instrument executed or delivered pursuant to any Other Second-Priority Document at any time or otherwise evidencing or securing (or purporting to secure) any indebtedness arising under any Other Second-Priority Document, in each case as the same may be amended, restated, supplemented, Refinanced or otherwise modified from time to time in accordance with the terms thereof.

Other Second-Priority Obligations” means (a) all “Obligations” as defined in the Notes Indenture (other than the Notes Obligations) and (b) any other any indebtedness or Obligations (other than the Notes Obligations) of any Grantors that are to be equally and ratably secured with the Notes Obligations and are designated by the Company as Other Second-Priority Obligations hereunder; provided, however, that with respect to this clause (b), the requirements set forth in Section 8.21 shall have been satisfied.

Other Second-Priority Representative” means, with respect to any Series of Other Second-Priority Obligations or any separate facility within such Series, the Person elected,

 

8


* * * CONFIDENTIAL * * *

 

designated or appointed as the administrative agent, trustee or other representative of such Series or facility by or on behalf of the holders of such Series or facility, and its respective successors in substantially the same capacity as may from time to time be appointed.

Other Second-Priority Secured Parties” shall mean the Persons holding Other Second-Priority Obligations, including the Other Second-Priority Representatives.

Person” means any natural person, corporation, business trust, joint venture, association, company, partnership, limited liability company or government, individual or family trusts, or any agency or political subdivision thereof.

Plan of Reorganization” means any plan of reorganization, plan of liquidation, agreement for composition, or other type of plan of arrangement proposed in or in connection with any Insolvency or Liquidation Proceeding.

Pledged Collateral” shall mean the Common Collateral to the extent that possession thereof is necessary to perfect a Lien thereon under the Uniform Commercial Code.

Post-Petition Interest” means any interest or entitlement to fees or expenses or other charges that accrues (or which would have accrued but for the commencement of any Insolvency or Liquidation Proceeding) after the commencement of any Insolvency or Liquidation Proceeding, whether or not allowed or allowable in any such Insolvency or Liquidation Proceeding.

Recovery” shall have the meaning set forth in Section 6.4.

Refinance” shall mean, in respect of any indebtedness, to refinance, extend, renew, defease, amend, increase, modify, supplement, restructure, refund, replace or repay, or to issue other indebtedness or enter into alternative financing arrangements, in exchange or replacement for such indebtedness (in whole or in part), including by adding or replacing lenders, creditors, agents, borrowers and/or guarantors, and including in each case, but not limited to, after the original instrument giving rise to such indebtedness has been terminated and including, in each case, through any credit agreement, indenture or other agreement. “Refinanced” and “Refinancing” have correlative meanings.

Required Lenders” shall mean, with respect to any First-Priority Credit Document, those First-Priority Secured Parties the approval of which is required to approve an amendment or modification of, termination or waiver of any provision of or consent to any departure from such First-Priority Credit Document (or would be required to effect such consent under this Agreement if such consent were treated as an amendment of such First-Priority Credit Document).

Second-Priority Collateral” shall mean the Notes Collateral and all of the assets of any Grantor, whether now owned or hereafter acquired by any Grantor, whether real, personal or mixed, in which a Lien is granted or purported to be granted to any Other Second-Priority Secured Party as security for any Other Second-Priority Obligations.

 

9


* * * CONFIDENTIAL * * *

 

Second-Priority Collateral Agent” shall mean such agent or trustee (or Person acting in an equivalent capacity) as is designated “Second-Priority Collateral Agent” by Second-Priority Secured Parties holding a majority in principal amount of the Second-Priority Obligations then outstanding; it being understood that as of the date of this Agreement, the Notes Collateral Agent shall be so designated Second-Priority Collateral Agent.

Second-Priority Collateral Documents” shall mean (a) the Notes Collateral Documents and (b) any documents now existing or entered into after the date hereof that create (or purport to create) Liens on any assets or properties of any Grantor to secure any Other Second-Priority Obligations.

Second-Priority Credit Documents” shall mean (a) the Notes Indenture and (b) the Other Second-Priority Documents.

Second-Priority Documents” shall mean (a) the Notes Documents and (b) the Other Second-Priority Documents.

Second-Priority Lien” shall mean any Lien on any assets of the Company or any other Grantor securing (or purporting to secure) any Second-Priority Obligations.

Second-Priority Obligations” means (a) the Notes Obligations, (b) the Other Second-Priority Obligations and (c) all other Obligations in respect of, or arising under, the Second-Priority Obligations Documents, including all fees and expenses of the collateral agent (or Person acting in an equivalent capacity) for any Other Second-Priority Obligations and shall include any Post-Petition Interest thereon.

Second-Priority Representatives” shall mean (a) in the case of the Notes Obligations, the Notes Collateral Agent and (b) in the case of any Series of Other Second-Priority Obligations, the Other Second-Priority Representative with respect thereto. The term “Second-Priority Representatives” shall include the Second-Priority Collateral Agent as the context requires.

Second-Priority Secured Parties” shall mean (a) the Notes Secured Parties and (b) the Other Second-Priority Secured Parties, including the Second-Priority Representatives and the Second-Priority Collateral Agent.

Secured Parties” means the First-Priority Secured Parties and the Second-Priority Secured Parties.

Securities Account” shall have the meaning set forth in the Uniform Commercial Code.

Series” means (a) the Credit Agreement Secured Obligations and each series of Other First-Priority Obligations, each of which shall constitute a separate Series of First-Priority Obligations, except that to the extent that the Credit Agreement Secured Obligations and/or any one or more series of such Other First-Priority Obligations (i) are secured by identical collateral held by a common collateral agent and (ii) have their security interests documented by a single set of security documents, such Credit Agreement Secured Obligations and/or each such series of

 

10


* * * CONFIDENTIAL * * *

 

Other First-Priority Obligations shall collectively constitute a single Series and (b) the Notes Obligations and each series of Other Second-Priority Obligations, each of which shall constitute a separate Series Second-Priority Obligations, except that to the extent that the Notes Obligations and/or any one or more series of such Other Second-Priority Obligations (i) are secured by identical collateral held by a common collateral agent and (ii) have their security interests documented by a single set of security documents, such Notes Obligations and/or each such series of Other Second-Priority Obligations shall collectively constitute a single Series.

Subsidiary” means any “subsidiary”, as defined in the Credit Agreement, and, with respect to any person (herein referred to as the “parent”), any corporation, partnership, association or other business entity (a) of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or more than 50% of the general partnership interests are, at the time any determination is being made, directly or indirectly, owned, Controlled or held, or (b) that is, at the time any determination is made, otherwise Controlled, by the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries of the parent.

Trustee” means Wilmington Trust, National Association, as trustee for the noteholders under the Notes Indenture, together with its successors or co-agents or co-trustees in substantially the same capacity as may from time to time be appointed.

Uniform Commercial Code” or “UCC” shall mean the Uniform Commercial Code as from time to time in effect in the State of New York.

1.2 Terms Generally. The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified in accordance with this Agreement, (b) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (c) the words “herein,” “hereof” and “hereunder,” and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all references herein to Sections shall be construed to refer to Sections of this Agreement and (e) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights.

Section 2. Lien Priorities.

2.1 Subordination of Liens. Notwithstanding the date, time, manner or order of filing, registration or recordation of any document or instrument (including any financing statement) or grant, attachment or perfection of any Liens granted to the Second-Priority Secured Parties on the Common Collateral or of any Liens granted to the First-Priority Secured Parties on the Common Collateral (or any actual or alleged defect in any of the foregoing), and

 

11


* * * CONFIDENTIAL * * *

 

notwithstanding any provision of the UCC, or any applicable law or the Second-Priority Documents or the First-Priority Documents or any other circumstance whatsoever (including any non-perfection of any Lien purporting to secure the First-Priority Obligations and/or the Second-Priority Obligations), each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, hereby agrees that: (a) any Lien on the Common Collateral securing any First-Priority Obligations now or hereafter held by or on behalf of any First-Priority Secured Parties or any agent or trustee therefor regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall have priority over and be senior in all respects and prior to any Lien on the Common Collateral securing any Second-Priority Obligations, (b) any Lien on the Common Collateral securing any Second-Priority Obligations now or hereafter held by or on behalf of any Second-Priority Secured Parties or any agent or trustee therefor regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be junior and subordinate in all respects to all Liens on the Common Collateral securing any First-Priority Obligations and (c) with respect to any Second-Priority Obligations (and as among the Second-Priority Secured Parties), the Liens on the Common Collateral securing any Second-Priority Obligations now or hereafter held by or on behalf of any Second-Priority Secured Party or any agent or trustee therefor regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall rank equally and ratably in all respects, subject to the terms of the Second-Priority Documents. All Liens on the Common Collateral securing any First-Priority Obligations shall be and remain senior in all respects and prior to all Liens on the Common Collateral securing any Second-Priority Obligations for all purposes, whether or not such Liens securing any First-Priority Obligations are subordinated to any Lien securing any other obligation of the Company, any other Grantor or any other Person.

2.2 Prohibition on Contesting Liens. Each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, and each First-Priority Representative, for itself and on behalf of each applicable First-Priority Secured Party, agrees that it shall not (and hereby waives any right to) contest or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the validity, extent, perfection, priority, or enforceability of (a) a Lien securing any First-Priority Obligations held (or purported to be held) by or on behalf of any of the First-Priority Secured Parties or any agent or trustee therefor in any First-Priority Collateral or (b) a Lien securing any Second-Priority Obligations held (or purported to be held) by or on behalf of any Second-Priority Secured Party in the Common Collateral, as the case may be; provided, however, that nothing in this Agreement shall be construed to prevent or impair the rights of any First-Priority Secured Party or any agent or trustee therefor to enforce this Agreement (including the priority of the Liens securing the First-Priority Obligations as provided in Section 2.1) or any of the First-Priority Documents.

2.3 No New Liens. Subject to Section 11.04 of the Notes Indenture and the corresponding provision of any other Second-Priority Credit Document, so long as the Discharge of First-Priority Obligations has not occurred, the parties hereto agree that, after the date hereof, (a) none of the Grantors shall grant or permit any additional Liens on any asset or property of any Grantor to secure any Second-Priority Obligations unless it has granted, or concurrently therewith grants, a Lien on such asset or property of such Grantor to secure the First-Priority Obligations, and (b) if any Second-Priority Representative or any other Second-Priority Secured

 

12


* * * CONFIDENTIAL * * *

 

Party shall acquire or hold any Lien on any assets of the Company or any other Grantor securing any Second-Priority Obligations that are not also subject to the first-priority Lien in respect of the First-Priority Obligations under the First-Priority Documents, such Second-Priority Representative or such other Second-Priority Secured Party (i) shall notify the First-Priority Representatives promptly upon becoming aware thereof and, unless such Grantor shall promptly grant a similar Lien on such asset to each applicable First-Priority Representative as security for the applicable First-Priority Obligations, will (unless the First-Priority Collateral Agent shall agree to defer the same) either (x) release such Lien or (y) assign such Lien to the applicable First-Priority Collateral Agent (and/or its designee) as security for all First-Priority Obligations for the benefit of the all First-Priority Secured Parties (and, in the case of an assignment, each Second-Priority Representative may retain a junior lien on such assets subject to the terms hereof) and (ii) until such release, assignment or such grant of a similar Lien to each First-Priority Representative or the applicable First-Priority Collateral Agent (and/or its designee), shall be deemed to hold and have held in trust such Lien for the benefit of each First-Priority Representative and the other First-Priority Secured Parties as security for the First-Priority Obligations. To the extent that the foregoing provisions are not complied with for any reason, without limiting any other rights and remedies available to the First-Priority Secured Parties, the Second-Priority Representative on its behalf and on behalf of the other Second-Priority Secured Parties, agree that any amounts received by or distributed to any of them pursuant to or as a result of Liens granted in contravention of this Section 2.3 shall be subject to Section 4. Subject to Section 11.04 of the Notes Indenture and the corresponding provision of any Second-Priority Credit Document, each Second-Priority Representative agrees that, after the date hereof, if it shall hold any Lien on any assets of the Company or any other Grantor securing any Second-Priority Obligations that are not also subject to the Lien in favor of each other Second-Priority Representative such Second-Priority Representative shall notify any other Second-Priority Representative promptly upon becoming aware thereof.

2.4 Perfection of Liens. None of the First-Priority Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Common Collateral for the benefit of the Second-Priority Secured Parties. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First-Priority Secured Parties and the Second-Priority Secured Parties and shall not impose on the First-Priority Secured Parties or the Second-Priority Secured Parties or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Common Collateral which would conflict with prior perfected claims therein in favor of any other Person or any order or decree of any court or governmental authority or any applicable law.

2.5 Nature of First-Priority Secured Party Claims. Each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, acknowledges that (a) all or a portion of the First-Priority Obligations may be revolving in nature and that the amount thereof that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed, (b) the terms of the First-Priority Documents and the First-Priority Obligations may be amended, restated, supplemented, extended or otherwise modified, and the First-Priority Obligations, or a portion thereof, may be Refinanced from time to time and (c) the aggregate amount of the First-Priority Obligations may be increased, in each case, without notice to or consent by any Second-Priority Representatives or any Second-Priority Secured Parties and without affecting the provisions hereof. The Lien

 

13


* * * CONFIDENTIAL * * *

 

priorities provided for in Section 2.1 shall not be altered or otherwise affected by any amendment, supplement, extension or other modification, or any Refinancing, of either the First-Priority Obligations or the Second-Priority Obligations, or any portion thereof. As between the Company and the other Grantors party to the Second-Priority Credit Documents and the Second-Priority Secured Parties, the foregoing provisions will not limit or otherwise affect the obligations of the Company and such Grantors contained in any Second-Priority Document with respect to the incurrence of additional First-Priority Obligations.

2.6 Certain Cash Collateral. Notwithstanding anything in this Agreement or any other First-Priority Documents or Second-Priority Documents to the contrary, collateral consisting of cash and cash equivalents pledged to secure the Credit Agreement Secured Obligations consisting of reimbursement obligations in respect of Letters of Credit (as defined in the Credit Agreement) or otherwise held by the Credit Agreement Administrative Agent pursuant to the Credit Agreement (or any equivalent successor provision or arrangement under any Refinancing thereof or any future Credit Agreement) shall be applied as specified in the Credit Agreement and will not constitute Common Collateral.

Section 3. Enforcement.

3.1 Exercise of Remedies.

(a) So long as the Discharge of First-Priority Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, (i) no Second-Priority Representative or any Second-Priority Secured Party will (x) exercise or seek to exercise any rights or remedies (including setoff) with respect to any Common Collateral in respect of any applicable Second-Priority Obligations, or institute any action or proceeding with respect to such rights or remedies (including any action of foreclosure), (y) contest, protest or object to any foreclosure proceeding or action brought with respect to the Common Collateral by any First-Priority Collateral Agent or any First-Priority Secured Party in respect of the First-Priority Obligations, the exercise of any right by any First-Priority Collateral Agent or any First-Priority Secured Party (or any agent or sub-agent on their behalf) in respect of the First-Priority Obligations under any lockbox agreement, control agreement, landlord waiver or bailee’s letter or similar agreement or arrangement to which any First-Priority Representative or any First-Priority Secured Party either is a party or may have rights as a third party beneficiary, or any other exercise by any such party, of any rights and remedies relating to the Common Collateral under the First-Priority Documents or otherwise in respect of First-Priority Obligations, or (z) object to the forbearance by the First-Priority Secured Parties from bringing or pursuing any foreclosure proceeding or action or any other exercise of any rights or remedies relating to the Common Collateral in respect of First-Priority Obligations and (ii) except as otherwise provided in the proviso to this clause (ii) of Section 3.1(a), the First-Priority Collateral Agents and the First-Priority Secured Parties shall have the exclusive right to enforce rights, exercise remedies (including setoff and the right to credit bid their debt), institute actions or proceedings and make determinations regarding the release, disposition or restrictions with respect to the Common Collateral without any consultation with or the consent of any Second-Priority Representative or any Second-Priority Secured Party, and shall have the exclusive right to determine and direct the time, method, order, manner and place for enforcing or exercising such right or remedy or instituting or conducting

 

14


* * * CONFIDENTIAL * * *

 

any proceeding with respect thereto; provided, however, that (A) in any Insolvency or Liquidation Proceeding commenced by or against the Company or any other Grantor, each Second-Priority Representative may file a claim or statement of interest with respect to the applicable Second-Priority Obligations and (B) each Second-Priority Representative may take any action (not adverse to the prior Liens on the Common Collateral securing the First-Priority Obligations, or the rights of the First-Priority Collateral Agents or the First-Priority Secured Parties to exercise remedies or to institute actions or proceedings in respect thereof) in order to create, prove, perfect, preserve or protect (but not enforce) its rights in, and perfection and priority of its Lien on, the Common Collateral. In exercising rights and remedies or instituting actions or proceedings with respect to the First-Priority Collateral, the First-Priority Collateral Agents and the First-Priority Secured Parties may enforce the provisions of the First-Priority Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion. Such exercise and enforcement shall include the rights of an agent, receiver, interim receiver or receiver and manager appointed by them or upon their application to sell or otherwise dispose of Common Collateral upon foreclosure, to incur expenses in connection with such sale or disposition, and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code of any applicable jurisdiction and of a secured creditor under the Bankruptcy Law of any applicable jurisdiction.

(b) So long as the Discharge of First-Priority Obligations has not occurred, each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that it will not take or receive any Common Collateral or any proceeds of Common Collateral in connection with the exercise of any right or remedy (including setoff) with respect to any Common Collateral in respect of the applicable Second-Priority Obligations. Without limiting the generality of the foregoing, unless and until the Discharge of First-Priority Obligations has occurred, except as expressly provided in the proviso in clause (ii) of Section 3.1(a), the sole right of the Second-Priority Representatives and the Second-Priority Secured Parties with respect to the Common Collateral is to hold a Lien on the Common Collateral in respect of the applicable Second-Priority Obligations pursuant to the Second-Priority Documents, as applicable, for the period and to the extent granted therein and to receive a share of the proceeds thereof, if any, after the Discharge of First-Priority Obligations has occurred.

(c) Subject to the proviso in clause (ii) of Section 3.1(a), each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party (i) agrees that no Second-Priority Representative or Second-Priority Secured Party will contest, oppose, object to, or take any other action that would interfere with, hinder or delay, in any manner, any exercise of remedies or the conduct of any actions or proceedings undertaken by any First-Priority Collateral Agent or any First-Priority Secured Parties with respect to the Common Collateral under the First-Priority Documents, including any sale, lease, exchange, transfer or other disposition of the Common Collateral, whether by foreclosure or otherwise, (ii) hereby waives any and all rights it or any Second-Priority Secured Party may have as a junior lien creditor or otherwise to direct any First-Priority Representative or any other First-Priority Secured Party to exercise any right or remedy or power with respect to the Common Collateral or pursuant to the First-Priority Collateral Documents or consent or object to the exercise by the First-Priority Collateral Agent or any First-Priority Secured Party of any right, remedy or power with respect to the Common Collateral or pursuant to the First-Priority Collateral Documents or

 

15


* * * CONFIDENTIAL * * *

 

to the timing or manner in which any such right is exercised or not exercised (including to enforce or collect the First-Priority Obligations or the Liens granted in any of the First-Priority Collateral), regardless of whether any action or failure to act by or on behalf of any First-Priority Collateral Agent or any First-Priority Secured Parties is adverse to the interests of the Second-Priority Secured Parties, (iii) agrees that no Second-Priority Representative or Second-Priority Secured Party will take or cause to be taken any action, the purpose or effect of which is to make any Lien in respect of any Second-Priority Obligation pari passu with or senior to, or to give any Second-Priority Secured Party any preference or priority relative to, the Liens with respect to the First-Priority Obligations or the First-Priority Secured Parties with respect to the Common Collateral, (iv) agrees that no Second-Priority Representative or Second-Priority Secured Party will institute any suit or other proceeding or assert in any suit, Insolvency or Liquidation Proceeding or other proceeding any claim against any First-Priority Secured Party seeking damages from or other relief by way of specific performance, instructions or otherwise, with respect to, and no First-Priority Secured Party shall be liable for, any action taken or omitted to be taken by any First-Priority Secured Party with respect to the Common Collateral or pursuant to the First-Priority Documents, and (v) agrees that no Second-Priority Representative or Second-Priority Secured Party will seek, and hereby waive any right, to have the Common Collateral or any part thereof marshaled upon any foreclosure or other disposition of the Common Collateral.

(d) Each Second-Priority Representative hereby acknowledges and agrees that no covenant, agreement or restriction contained in any applicable Second-Priority Document shall be deemed to restrict in any way the rights and remedies of the First-Priority Collateral Agents or the First-Priority Secured Parties or the instituting or conduct of any action or proceeding with respect to the First-Priority Collateral as set forth in this Agreement and the First-Priority Documents.

(e) Subject to the proviso in clause (ii) of Section 3.1(a), until the Discharge of the First-Priority Obligations, the First-Priority Collateral Agents and the First-Priority Secured Parties shall have the exclusive right to enforce rights, exercise remedies (including setoff and the right to credit bid their debt), institute actions or proceedings and make determinations regarding the release, disposition or restrictions with respect to the Common Collateral without any consultation with or the consent of any Second-Priority Representative or any Second-Priority Secured Party, and shall have the exclusive right to determine and direct the time, method and place for enforcing or exercising such right or remedy or initiating or conducting any action or proceeding with respect thereto.

3.2 Cooperation. Subject to the proviso in clause (ii) of Section 3.1(a), each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that, unless and until the Discharge of First-Priority Obligations has occurred, it will not commence, or join with any Person (other than the First-Priority Secured Parties and the First-Priority Collateral Agents upon the request thereof) in commencing, any enforcement, collection, execution, levy or foreclosure action or proceeding with respect to any Lien held by it in the Common Collateral under any of the applicable Second-Priority Documents or otherwise in respect of the applicable Second-Priority Obligations. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that each of them shall take such actions as the First-Priority Collateral Agents shall request in connection with the exercise by the First-Priority Secured Parties of the rights set forth herein.

 

16


* * * CONFIDENTIAL * * *

 

3.3 Second-Priority Collateral Agent and Second-Priority Secured Parties Waiver. The Second-Priority Collateral Agent and the Second-Priority Secured Parties hereby waive any claim they may now or hereafter have against any First-Priority Collateral Agent or any First-Priority Secured Parties arising out of (i) any actions which any First-Priority Collateral Agent or any First-Priority Representative (or any of their respective representatives) takes or omits to take (including actions with respect to the creation, perfection or continuation of Liens on any Collateral, actions with respect to the foreclosure upon, disposition, release or depreciation of, or failure to realize upon, any of the Collateral and actions with respect to the collection of any claim for all or any part of the First-Priority Obligations or Second-Priority Obligations from any account debtor, guarantor or any other party) in accordance with any relevant First-Priority Collateral Documents or any other agreement related thereto, or to the collection of the First-Priority Obligations or Second-Priority Obligations or the valuation, use, protection or release of any security for the First-Priority Obligations or Second-Priority Obligations, (ii) any election by any First-Priority Collateral Agent, any of the other First-Priority Secured Parties, or any of their respective agents or representatives, in any proceeding instituted under Title 11 of the United States Code or any equivalent provision of the Bankruptcy Law of any other jurisdiction, of the application of Section 1111(b) of Title 11 of the United States Code or any equivalent provision of the Bankruptcy Law of any other jurisdiction, or (iii) subject to Section 6, any borrowing by, or grant of a security interest, charge or administrative expense priority under Section 364 of Title 11 of the United States Code or any equivalent provision of the Bankruptcy Law of any other jurisdiction by, the Company or any of its Subsidiaries, as debtor-in-possession.

3.4 Actions Upon Breach.

(a) Should any Second-Priority Representative or any Second-Priority Secured Party, contrary to this Agreement, in any way, take, attempt to take or threaten to take any action with respect to the Common Collateral (including any attempt to realize upon or enforce any remedy with respect to this Agreement) or fail to take any action required by this Agreement, any First-Priority Collateral Agent or any First Priority Representative or any other First-Priority Secured Party (in its or their own name or in the name of the Company or any other Grantor) may obtain relief against such Second-Priority Representative or such Second-Priority Secured Party by injunction, specific performance or other appropriate equitable relief. Each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, hereby (i) agrees that the First-Priority Secured Parties’ damages from the actions of the Second-Priority Representatives or any Second-Priority Secured Party may at that time be difficult to ascertain and may be irreparable and waives any defense that the Company or any other Grantor may have, and waives any defense that any First-Priority Secured Party cannot demonstrate damage or be made whole by the awarding of damages and (ii) irrevocably waives any defense based on the adequacy of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by any First-Priority Collateral Agent, any First-Priority Representative or any other First-Priority Secured Party.

 

17


* * * CONFIDENTIAL * * *

 

Section 4. Payments.

4.1 Application of Proceeds. So long as the Discharge of First-Priority Obligations has not occurred, all Common Collateral or proceeds thereof (including without limitation any interest earned thereon) resulting from the sale or other disposition of, or collection on, such Common Collateral, whether or not pursuant to an Insolvency or Liquidation Proceeding, upon the enforcement or exercise of any right or remedy (including any right of setoff or recoupment or the release of Liens in respect of any such sale or other disposition of Collateral) by any First-Priority Collateral Agent in accordance with the applicable provisions hereof or of the applicable First-Priority Documents, shall be applied by the applicable First-Priority Collateral Agent to the First-Priority Obligations in accordance with the terms of the applicable First-Priority Documents. Upon the Discharge of First-Priority Obligations, the applicable First-Priority Collateral Agent shall deliver promptly to the Second-Priority Collateral Agent any Common Collateral or proceeds thereof held by it in the same form as received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct to be applied by the Second-Priority Collateral Agent ratably to the Second-Priority Obligations and, with respect to each class of Second-Priority Obligations, in such order as specified in the relevant Second-Priority Documents.

4.2 Payments Over. Any Common Collateral or proceeds thereof received by any Second-Priority Representative or any Second-Priority Secured Party in connection with the exercise of any right or remedy (including setoff) relating to the Common Collateral (or any distribution in respect of the Common Collateral, whether or not expressly characterized as such) or otherwise received in violation of this Agreement, in each case prior to the Discharge of the First-Priority Obligations shall be segregated and held in trust for the benefit of and forthwith paid over to the applicable First-Priority Collateral Agent (and/or its designees) for the benefit of the applicable First-Priority Secured Parties in the same form as received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct. Each First-Priority Collateral Agent is hereby authorized to make any such endorsements as agent for any Second-Priority Representative or any such Second-Priority Secured Party. This authorization is coupled with an interest and is irrevocable.

Section 5. Other Agreements.

5.1 Releases.

(a) If, at any time any Common Collateral (including all or substantially all of the equity interests of a Grantor or any of its Subsidiaries) is sold, transferred or otherwise disposed of (x) by the owner of such Common Collateral in a transaction not prohibited by any First-Priority Credit Document or any Second-Priority Credit Document or (y) during the existence of any Event of Default under (and as defined in) the Credit Agreement or any comparable definition in any other First-Priority Credit Document, in the case of this clause (y) to the extent any First-Priority Collateral Agent has consented to such sale, transfer or disposition (to the extent such consent is required under the terms of the applicable First-Priority Credit Documents), then (whether or not any Insolvency or Liquidation Proceeding is pending at the time) the Liens in favor of the Second-Priority Secured Parties upon such Common Collateral will automatically be released and discharged as and when, but only to the extent, such Liens on

 

18


* * * CONFIDENTIAL * * *

 

such Common Collateral securing First-Priority Obligations are released and discharged. Upon (i) delivery to each Second-Priority Representative of a notice from any First-Priority Collateral Agent or the Company stating that any release of Liens securing or supporting the First-Priority Obligations has become effective (or shall become effective upon each First-Priority Representative’s release), and (ii) in the case of the Notes Collateral Agent, delivery of such certificates and other documents required to be delivered under the Notes Documents, whether in connection with a sale of such assets by the relevant owner pursuant to the preceding clauses or otherwise, each Second-Priority Representative will promptly execute and deliver such instruments, releases, termination statements or other documents confirming such release on customary terms. In the case of the sale of all or substantially all of the equity interests of a Grantor or any of its Subsidiaries, the guarantee in favor of the Second-Priority Secured Parties, if any, made by such Grantor or Subsidiary will automatically be released and discharged as and when, but only to the extent, the guarantee by such Grantor or Subsidiary of First-Priority Obligations is released and discharged.

(b) Each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, hereby irrevocably constitutes and appoints each First-Priority Collateral Agent and any officer or agent of such First-Priority Collateral Agent, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of each Second-Priority Representative or such holder or in such First-Priority Collateral Agent’s own name, from time to time in such First-Priority Collateral Agent’s discretion, for the purpose of carrying out the terms of this Section 5.1, to take any and all appropriate action and to execute any and all documents and instruments that may be necessary or desirable to accomplish the purposes of this Section 5.1, including any termination statements, endorsements or other instruments of transfer or release.

(c) Unless and until the Discharge of First-Priority Obligations has occurred, each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, hereby consents to the application, whether prior to or after a default under any First-Priority Document, of Deposit Account Collateral or proceeds of Common Collateral to the repayment of First-Priority Obligations pursuant to the First-Priority Documents; provided that nothing in this Section 5.1(c) shall be construed to prevent or impair the rights of the Second-Priority Representatives or the Second-Priority Secured Parties to receive proceeds in connection with the Second-Priority Obligations not otherwise in contravention of this Agreement.

5.2 Insurance. Unless and until the Discharge of First-Priority Obligations has occurred, the First-Priority Collateral Agents and the First-Priority Secured Parties shall have the sole and exclusive right, subject to the rights of the Grantors under the First-Priority Documents, (i) to adjust settlement for any insurance policy covering the Common Collateral in the event of any loss thereunder, and (ii) to approve any award granted in any condemnation or similar proceeding affecting the Common Collateral. Unless and until the Discharge of First-Priority Obligations has occurred, all proceeds of any such policy and any such award, if in respect of the Common Collateral, shall be paid, subject to the rights of the Grantors under the First-Priority Documents, (x) first, prior to the occurrence of the Discharge of First-Priority Obligations, to the applicable First-Priority Collateral Agent for the benefit of the applicable First-Priority Secured Parties pursuant to the terms of the First-Priority Documents, (y) second,

 

19


* * * CONFIDENTIAL * * *

 

after the occurrence of the Discharge of First-Priority Obligations, to the Second-Priority Collateral Agent for the benefit of the Second-Priority Secured Parties pursuant to the terms of the applicable Second-Priority Documents and (z) third, if no Second-Priority Obligations are outstanding, to the owner of the subject property, such other person as may be entitled thereto or as a court of competent jurisdiction may otherwise direct. If any Second-Priority Representative or any Second-Priority Secured Party shall, at any time, receive any proceeds of any such insurance policy or any such award in contravention of this Agreement, it shall pay such proceeds over to the applicable First-Priority Collateral Agent in accordance with the terms of Section 4.2.

5.3 Amendments to Second-Priority Collateral Documents.

(a) So long as the Discharge of the First-Priority Obligations has not occurred, without the prior written consent of the First-Priority Collateral Agents and the Required Lenders, no Second-Priority Collateral Document may be amended, supplemented or otherwise modified or entered into to the extent such amendment, supplement or modification, or the terms of any new Second-Priority Collateral Document, would be prohibited by or inconsistent with any of the terms of this Agreement or any other First-Priority Document. Each First-Priority Representative may conclusively rely on an officer’s certificate of the Company with respect to whether any such amendment, supplement or other modification is permitted by the foregoing sentence. Unless otherwise agreed to by the First-Priority Collateral Agents, each Grantor and each Second-Priority Representative, for itself and on behalf of each Second-Priority Secured Party, agrees that each applicable Second-Priority Collateral Document shall include language substantially the same as the following paragraph (or language to similar effect approved by the First-Priority Collateral Agents, such approval not to be unreasonably withheld):

“Notwithstanding anything herein to the contrary, (i) the liens and security interests granted to the [insert the relevant Second-Priority Representative] for the benefit of the [Secured Parties] pursuant to this Agreement are expressly subject and subordinate to the liens and security interests granted to (a) JPMorgan Chase Bank, N.A., as administrative collateral agent or the other agents, as applicable, in each case under or in connection with that certain Credit Agreement, dated as of August 17, 2010 (as amended by that certain Amendment No. 1 to Credit Agreement, dated as of April 19, 2012, as further amended by that certain Amendment No. 2 to Credit Agreement, dated as of July 19, 2012, as further amended by that certain Amendment No. 3 to Credit Agreement, dated as of October 22, 2013, as further amended by that certain Amendment No. 4 to Credit Agreement, dated as of May 28, 2014, as further amended by that certain Amendment No. 5 to Credit Agreement, dated as of December 12, 2014, and as may be further amended, restated, supplemented or otherwise modified from time to time), among Cott Corporation Corporation Cott, a corporation organized under the laws of Canada, Cott Beverages Inc., a Georgia corporation, Cliffstar LLC, a Delaware limited liability company, Cott Beverages Limited, a company organized under the laws of England and Wales, DS Services of America, Inc., a Delaware corporation (formerly known as DS Waters of America, Inc.), DS Services Holdings,

 

20


* * * CONFIDENTIAL * * *

 

Inc., a Delaware corporation (formerly known as DS Waters Enterprises, Inc.), each other Subsidiary of the Cott Corporation Corporation Cott party thereto, JPMorgan Chase Bank, N.A., as administrative collateral agent, the other agents from time to time party thereto, and the other parties from time to time party thereto , and the “Loan Documents” as defined therein, and (b) any agent or trustee for any Other First-Priority Secured Parties (as defined in the Amended and Restated Intercreditor Agreement referred to below) and (ii) the exercise of any right or remedy by the [insert the relevant Second-Priority Representative] hereunder or the application of proceeds (including insurance proceeds and condemnation proceeds) of any Common Collateral is subject to the limitations and provisions of the Amended and Restated Intercreditor Agreement dated as of December 12, 2014 (as amended, restated, supplemented or otherwise modified from time to time), by and among JPMorgan Chase Bank, N.A., as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent, JPMorgan Chase Bank, N.A., London Branch, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent, Wilmington Trust, National Association, in its capacity as the Notes Collateral Agent and Second-Priority Collateral Agent, each additional Other First-Priority Representative and Other Second-Priority Representative that from time to time becomes a party hereto pursuant to Section 8.21 thereof, Cott Corporation Corporation Cott, a corporation organized under the laws of Canada, Cott Beverages Inc., a Georgia corporation, Cliffstar LLC, a Delaware limited liability company, Cott Beverages Limited, a company organized under the laws of England and Wales, DS Services of America, Inc., a Delaware corporation (formerly known as DS Waters of America, Inc.), DS Services Holdings, Inc., a Delaware corporation (formerly known as DS Waters Enterprises, Inc.), each other Subsidiary of the Cott Corporation Corporation Cott from time to time party thereto. In the event of any conflict between the terms of the Amended and Restated Intercreditor Agreement and the terms of this Agreement, the terms of the Amended and Restated Intercreditor Agreement shall govern.”

(b) In the event that any First-Priority Collateral Agent or the First-Priority Secured Parties enter into any amendment, waiver or consent in respect of or replace any of the First-Priority Collateral Documents for the purpose of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any First-Priority Collateral Document or changing in any manner the rights of such First-Priority Collateral Agent, the First-Priority Secured Parties, the Company or any other Grantor thereunder (including the release of any Liens in First-Priority Collateral), then such amendment, waiver or consent shall apply automatically to any comparable provision of each Comparable Second-Priority Collateral Document without the consent of any Second-Priority Representative or any Second-Priority Secured Party and without any action by any Second-Priority Representative, Second-Priority Secured Party, the Company or any other Grantor; provided, however, that (A) without in any way limiting the provisions relating to the release of Liens on Collateral as described above, such amendment, waiver or consent does not (i) amend, modify or otherwise materially adversely

 

21


* * * CONFIDENTIAL * * *

 

affect the rights or duties of any Second-Priority Representative without its prior written consent or (ii) otherwise materially adversely affect the rights of the Second-Priority Secured Parties or the interests of the Second-Priority Secured Parties in the Second-Priority Collateral and not the First-Priority Collateral Agents or the First-Priority Secured Parties, as the case may be, that have a security interest in the affected collateral in a like or similar manner, and (B) written notice of such amendment, waiver or consent shall have been given to each Second-Priority Representative by the applicable First-Priority Collateral Agent within 10 Business Days after the effectiveness of such amendment, waiver or consent.

5.4 Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second-Priority Representatives and the Second-Priority Secured Parties may exercise rights and remedies as an unsecured creditor against the Company or any Subsidiary of the Company that has guaranteed the Second-Priority Obligations in accordance with the terms of the applicable Second-Priority Documents and applicable law, so long as such rights and remedies do not violate (or are otherwise not prohibited by) an express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second-Priority Representative or any Second-Priority Secured Party of the required payments of interest and principal so long as such receipt is not the direct or indirect result of the exercise by any Second-Priority Representative or any Second-Priority Secured Party of rights or remedies as a secured creditor in respect of Common Collateral or enforcement in contravention of this Agreement of any Lien in respect of Second-Priority Obligations held by any of them. In the event any Second-Priority Representative or any Second-Priority Secured Party becomes a judgment lien creditor in respect of Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second-Priority Obligations, such judgment lien shall be subordinated to the Liens securing First-Priority Obligations on the same basis as the other Liens securing the Second-Priority Obligations are so subordinated to such Liens securing First-Priority Obligations under this Agreement. Nothing in this Agreement impairs or otherwise adversely affects any rights or remedies the First-Priority Collateral Agents or the First-Priority Secured Parties may have with respect to the First-Priority Collateral.

5.5 First-Priority Collateral Agents as Gratuitous Bailees/Agents for Perfection.

(a) Each First-Priority Collateral Agent agrees to hold the Pledged Collateral that is part of the Common Collateral in its possession or control (or in the possession or control of its agents or bailees) as gratuitous bailee and/or gratuitous agent for the benefit of the relevant Second-Priority Representatives and any assignee solely for the purpose of perfecting the Lien granted in such Pledged Collateral pursuant to the relevant Second-Priority Collateral Documents, subject to the terms and conditions of this Section 5.5.

(b) Each First-Priority Collateral Agent agrees that if at any time it shall obtain any landlord waiver or bailee’s letter or similar agreement or arrangement granting it rights of access to Common Collateral, such First-Priority Collateral Agent shall take such actions with respect to such landlord waiver, bailee letter or similar agreement or arrangement, as gratuitous bailee and/or gratuitous agent for the benefit of the relevant Second-Priority Representatives and any assignee solely for the purpose of perfecting the Lien granted the Common Collateral subject to such landlord waiver, bailee letter or similar agreement or arrangement, pursuant to the relevant Second-Priority Collateral Documents, subject to the terms and conditions of this Section 5.5.

 

22


* * * CONFIDENTIAL * * *

 

(c) Each First-Priority Collateral Agent agrees to hold the Deposit Account Collateral (if any) that is part of the Common Collateral and controlled by such First-Priority Collateral Agent as gratuitous bailee and/or gratuitous agent for the benefit of the relevant Second-Priority Representatives and any assignee solely for the purpose of perfecting the Lien granted in such Deposit Account Collateral pursuant to the relevant Second-Priority Collateral Documents, subject to the terms and conditions of this Section 5.5.

(d) In the event that any First-Priority Collateral Agent (or its agent or bailees) has Lien filings against Intellectual Property (as defined in the Notes Collateral Agreement) that is part of the Common Collateral that are necessary for the perfection of Liens in such Common Collateral, such First-Priority Collateral Agent agrees to hold such Liens as gratuitous bailee and/or gratuitous agent for the benefit of each relevant Second-Priority Representative and any assignee solely for the purpose of perfecting the Lien granted in such Common Collateral pursuant to the relevant Second-Priority Collateral Documents, subject to the terms and conditions of this Section 5.5.

(e) Except as otherwise specifically provided herein (including Sections 3.1 and 4.1), until the Discharge of First-Priority Obligations has occurred, the First-Priority Collateral Agents and the other First-Priority Secured Parties shall be entitled to deal with the Common Collateral described in, or that is subject to, clauses (a), (b), (c) and (d) above in accordance with the terms of the First-Priority Documents as if the Liens under the Second-Priority Collateral Documents did not exist. The rights of the Second-Priority Representatives and the Second-Priority Secured Parties with respect to such Common Collateral shall at all times be subject to the terms of this Agreement.

(f) The First-Priority Collateral Agents and the First-Priority Secured Parties shall have no obligation whatsoever to any Second-Priority Representative or any Second-Priority Secured Party to assure that any of the Common Collateral described in, or that is subject to, clauses (a), (b), (c) and (d) above is genuine or owned by any Grantor or to protect or preserve rights or benefits of any Person or any rights pertaining to the Common Collateral except as expressly set forth in this Section 5.5. The duties or responsibilities of the First-Priority Collateral Agents under this Section 5.5 shall be limited solely to holding or controlling the Common Collateral described in, or that is subject to, clauses (a) and (c) above, and the related Liens referred to in clauses (b) and (d) above, gratuitous bailee and/or gratuitous agent for the benefit of each relevant Second-Priority Representative for purposes of perfecting the Lien held by the relevant Second-Priority Secured Parties.

(g) The First-Priority Collateral Agents shall not have by reason of the Second-Priority Collateral Documents or this Agreement or any other document a fiduciary relationship in respect of any Second-Priority Representative or any Second-Priority Secured Party, and each Second-Priority Representative, for itself and on behalf of each Second-Priority Secured Party, hereby waives and releases the First-Priority Collateral Agents from all claims and liabilities arising pursuant to each First-Priority Collateral Agent’s role under this Section 5.5, as gratuitous bailee and/or gratuitous agent with respect to the Common Collateral.

 

23


* * * CONFIDENTIAL * * *

 

(h) Upon the Discharge of First-Priority Obligations, the applicable First-Priority Collateral Agent shall deliver to the Second-Priority Collateral Agent, at the Company’s reasonable expense, to the extent that it is legally permitted to do so, the Pledged Collateral (if any) and the Deposit Account Collateral (if any) that is part of the Common Collateral together with any necessary endorsements (or otherwise allow the Second-Priority Collateral Agent to obtain control of such Pledged Collateral and Deposit Account Collateral) or as a court of competent jurisdiction may otherwise direct. The Company shall take such further action as is required to effectuate the transfer contemplated hereby and shall indemnify each First-Priority Collateral Agent for any loss or damage suffered by such First-Priority Collateral Agent as a result of such transfer except for any loss or damage suffered by such First-Priority Collateral Agent as a result of such First-Priority Collateral Agent’s own willful misconduct or gross negligence. The First-Priority Collateral Agents have no obligation to follow instructions from any Second-Priority Representative or any other Second-Priority Secured Party in contravention of this Agreement.

(i) Neither the First-Priority Collateral Agents nor the First-Priority Secured Parties shall be required to marshal any present or future collateral security for the Company’s or its Subsidiaries’ obligations to the First-Priority Collateral Agents or the First-Priority Secured Parties under the First-Priority Documents or any assurance of payment in respect thereof or to resort to such collateral security or other assurances of payment in any particular order, and all of their rights in respect of such collateral security or any assurance of payment in respect thereof shall be cumulative and in addition to all other rights, however existing or arising.

(j) The agreement of each First-Priority Collateral Agent to act as gratuitous bailee and/or gratuitous agent pursuant to this Section 5.5 is intended, among other things, to satisfy the requirements of Sections 8-106(d)(3), 8-301(a)(2), 9-104(a)(2) and 9-313(c) of the UCC and any other applicable personal property security laws.

5.6 Second-Priority Collateral Agent as Gratuitous Bailee/Agent for Perfection.

(a) Upon the Discharge of First-Priority Obligations, the Second-Priority Collateral Agent agrees to hold the Pledged Collateral that is part of the Common Collateral in its possession or control (or in the possession or control of its agents or bailees) as gratuitous bailee and/or gratuitous agent for the benefit of the other Second-Priority Representatives and any assignee solely for the purpose of perfecting the Lien granted in such Pledged Collateral pursuant to the applicable Second-Priority Collateral Document, subject to the terms and conditions of this Section 5.6.

(b) Upon the Discharge of First-Priority Obligations, the Second-Priority Collateral Agent agrees that if at any time it shall obtain any landlord waiver or bailee’s letter or similar agreement or arrangement granting it rights of access to Common Collateral, such Second-Priority Collateral Agent shall take such actions with respect to such landlord waiver, bailee letter or similar agreement or arrangement, as gratuitous bailee and/or gratuitous agent for the benefit of the other Second-Priority Representatives and any assignee solely for the purpose of perfecting the Lien granted the Common Collateral subject to such landlord waiver, bailee letter or similar agreement or arrangement, pursuant to the relevant Second-Priority Collateral Documents, subject to the terms and conditions of this Section 5.6.

 

24


* * * CONFIDENTIAL * * *

 

(c) Upon the Discharge of First-Priority Obligations, the Second-Priority Collateral Agent agrees to hold the Deposit Account Collateral (if any) that is part of the Common Collateral and controlled by the Second-Priority Collateral Agent as gratuitous bailee and/or gratuitous agent for the benefit of the other Second-Priority Representatives and any assignee solely for the purpose of perfecting the Lien granted in such Deposit Account Collateral pursuant to the applicable Second-Priority Collateral Document, subject to the terms and conditions of this Section 5.6.

(d) In the event that the Second-Priority Collateral Agent (or its agent or bailees) has Lien filings against Intellectual Property (as defined in the Notes Collateral Agreement) that is part of the Common Collateral that are necessary for the perfection of Liens in such Common Collateral, upon the Discharge of First-Priority Obligations, the Second-Priority Collateral Agent agrees to hold such Liens as gratuitous bailee and/or gratuitous agent for the benefit of other Second-Priority Representatives and any assignee solely for the purpose of perfecting the security interest granted in such Liens pursuant to the applicable Second-Priority Collateral Document, subject to the terms and conditions of this Section 5.6.

(e) The Second-Priority Collateral Agent, in its capacity as gratuitous bailee and/or gratuitous agent, shall have no obligation whatsoever to the other Second-Priority Representatives to assure that any of the Common Collateral described in, or that is subject to, clauses (a), (b), (c) and (d) above is genuine or owned by any Grantor or to protect or preserve rights or benefits of any Person or any rights pertaining to the Common Collateral except as expressly set forth in this Section 5.6. The duties or responsibilities of the Second-Priority Collateral Agent under this Section 5.6 shall be limited solely to holding or controlling the Common Collateral described in, or that is subject to, clauses (a) and (c) above, and the related Liens referred to in clauses (b) and (d) above, gratuitous bailee and/or gratuitous agent for the benefit of each relevant Second-Priority Representative for purposes of perfecting the Lien held by the relevant Second-Priority Secured Parties.

(f) The Second-Priority Collateral Agent shall not have by reason of the Second-Priority Collateral Documents or this Agreement or any other document a fiduciary relationship in respect of the other Second-Priority Representatives (or the Second-Priority Secured Parties for which such other Second-Priority Representatives are agent) and the other Second-Priority Representatives hereby waive and release the Second-Priority Collateral Agent from all claims and liabilities arising pursuant to the Second-Priority Collateral Agent’s role under this Section 5.6, as gratuitous bailee and/or gratuitous agent with respect to the Common Collateral.

(g) In the event that the Second-Priority Collateral Agent shall cease to be so designated the Second-Priority Collateral Agent pursuant to the definition of such term, the then Second-Priority Collateral Agent shall deliver to the successor Second-Priority Collateral Agent, to the extent that it is legally permitted to do so, the Pledged Collateral (if any) and the Deposit Account Collateral (if any) together with any necessary endorsements (or otherwise allow the successor Second-Priority Collateral Agent to obtain control of such Pledged Collateral

 

25


* * * CONFIDENTIAL * * *

 

and Deposit Account Collateral) or as a court of competent jurisdiction may otherwise direct, and such successor Second-Priority Collateral Agent shall perform all duties of the Second-Priority Collateral Agent as set forth herein. The Company shall take such further action as is required to effectuate the transfer contemplated hereby and shall indemnify the Second-Priority Collateral Agent for any loss or damage suffered by the Second-Priority Collateral Agent as a result of such transfer except for any loss or damage suffered by the Second-Priority Collateral Agent as a result of its own willful misconduct or gross negligence. The Second-Priority Collateral Agent has no obligation to follow instructions from the successor Second-Priority Collateral Agent in contravention of this Agreement.

(h) The agreement of the Second-Priority Collateral Agent to act as gratuitous bailee and/or gratuitous agent pursuant to this Section 5.6 is intended, among other things, to satisfy the requirements of Sections 8-106(d)(3), 8-301(a)(2), 9-104(a)(2) and 9-313(c) of the UCC and any other applicable personal property security laws.

5.7 When Discharge of First-Priority Obligations Deemed to Not Have Occurred. If, at any time concurrently with or after the Discharge of First-Priority Obligations has occurred, the Company or any of its Subsidiaries enters into any Refinancing of any First-Priority Obligations or incurs and designates any Other First-Priority Obligations, then such Discharge of First-Priority Obligations shall automatically be deemed not to have occurred for all purposes of this Agreement (other than with respect to any actions taken prior to the date of such designation as a result of the occurrence of such first Discharge of First-Priority Obligations), and the applicable agreement governing such Other First-Priority Obligations shall automatically be treated as a First-Priority Credit Document (and, upon designation by the Company thereof, the “Credit Agreement” hereunder) for all purposes of this Agreement, including for purposes of the Lien priorities and rights in respect of Common Collateral set forth herein and the granting by the First-Priority Collateral Agents of amendments, waivers and consents hereunder, and the agent, representative or trustee for the holders of such Other First-Priority Obligations shall be a First-Priority Representative and, if so designated, a First-Priority Collateral Agent for all purposes of this Agreement. Upon receipt of notice of such Refinancing, incurrence or designation (including the identity of the new First-Priority Collateral Agent), each Second-Priority Representative shall promptly (i) enter into such documents and agreements (at the expense of the Company), including amendments or supplements to this Agreement, as the Company or such new First-Priority Collateral Agent shall reasonably request in writing in order to provide the new First-Priority Collateral Agent the rights of a First-Priority Collateral Agent contemplated hereby, (ii) to the extent then held by any Second-Priority Representative, deliver to such new First-Priority Collateral Agent all Common Collateral, including all proceeds thereof, held or controlled by such Second-Priority Representative or any of its agents or bailees, including the transfer of possession and control, as applicable, of the Pledged Collateral and the Deposit Account Collateral, together with all necessary endorsements and notices to or other arrangements with depositary banks, securities intermediaries and commodities intermediaries, and assign its rights under any landlord waiver, bailee’s letter or any similar agreement or arrangement granting it rights or access to Common Collateral, (iii) notify any applicable insurance carrier that it is no longer entitled to receive any proceeds under the insurance policies of any Grantor issued by such insurance carrier and request that such insurance carrier direct any such proceeds to such new First-Priority Collateral Agent and (iv) notify any governmental authority involved in any condemnation or similar proceeding involving any Grantor that such new First-Priority Collateral Agent is entitled to approve any awards granted in such proceeding.

 

26


* * * CONFIDENTIAL * * *

 

5.8 No Release Upon Discharge of First-Priority Obligations. Notwithstanding any other provisions contained in this Agreement, if a Discharge of First-Priority Obligations occurs, the second-priority Liens on the Second-Priority Collateral securing the Second-Priority Obligations will not be released, except to the extent such Second-Priority Collateral or any portion thereof was disposed of in order to repay the First-Priority Obligations secured by such Second-Priority Collateral (including as contemplated under Section 6.9 below) or otherwise as permitted under the First-Priority Documents and the Second-Priority Documents, as applicable.

Section 6. Insolvency or Liquidation Proceedings.

6.1 Financing Issues. If the Company or any other Grantor shall be subject to any Insolvency or Liquidation Proceeding and any First-Priority Collateral Agent or any other First-Priority Secured Party shall desire to consent to (or not object to) the sale, use or lease of cash or other collateral or to consent to (or not object to) the Company or any other Grantor obtaining financing under Section 363 or Section 364 of Title 11 of the United States Code or any similar provision in any Bankruptcy Law (“DIP Financing”), then each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that it will be deemed to have consented to, and will raise no (a) objection to (and will not otherwise contest or join with or support any third party opposing, objecting to or contesting) such sale, use or lease of cash or other collateral or such DIP Financing and will not request adequate protection or any other relief in connection therewith (except to the extent permitted by the proviso in clause (ii) of Section 3.1(a) and Section 6.3) and, to the extent the Liens securing any First-Priority Obligations under any First-Priority Documents are subordinated or pari passu with such DIP Financing, will subordinate (and will be deemed hereunder to have subordinated) its Liens in the Common Collateral to (x) such DIP Financing (and all obligations relating thereto) on the same basis as the Liens securing the Second-Priority Obligations are so subordinated to Liens securing First-Priority Obligations under this Agreement (and such subordination will not alter in any manner the terms of this Agreement) (y) to any adequate protection provided to the First-Priority Secured Parties and (z) to any “carve-out” or “administrative charges” for professional and United States Trustee fees agreed to by any First-Lien Representatives, or (b) objection to (and will not otherwise contest or join with or support any third party opposing, objecting to or contesting) any order relating to a sale or other disposition of assets of any Grantor for which the applicable First-Priority Collateral Agent or First-Priority Secured Party has consented that provides, to the extent the sale or other disposition is to be free and clear of Liens, that the Liens securing the First-Priority Obligations and the Second-Priority Obligations will attach to the proceeds of the sale on the same basis of priority as the Liens securing the First-Priority Collateral rank to the Liens securing the Second-Priority Collateral in accordance with this Agreement.

6.2 Relief from the Automatic Stay. Until the Discharge of First-Priority Obligations has occurred, each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action

 

27


* * * CONFIDENTIAL * * *

 

in derogation thereof, in each case in respect of the Common Collateral, without the prior written consent of the First-Priority Collateral Agents and the Required Lenders. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that it will raise no objection to (and will not otherwise contest or join with or support any third party opposing, objecting to or contesting) any motion for relief from the automatic stay or any other stay or from any injunction against foreclosure or enforcement in respect of First-Priority Obligations made by any First-Priority Collateral Agent or any holder of First-Priority Obligations.

6.3 Adequate Protection. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that none of them shall object or contest (or support any other Person objecting to or contesting) (a) any request by any First-Priority Collateral Agent or the First-Priority Secured Parties for adequate protection, (b) any objection by any First-Priority Collateral Agent or the First-Priority Secured Parties to any motion, relief, action or proceeding based on any First-Priority Collateral Agent’s or the First-Priority Secured Parties’ claiming a lack of adequate protection or (c) the payment of interest, fees, expenses or other amounts of any First-Priority Collateral Agent, any First-Priority Representative or any other First Priority Secured Party under Section 506(b) or 506(c) of Title 11 of the United States Code or any similar provisions of any other Bankruptcy Law or otherwise. Notwithstanding the foregoing, in any Insolvency or Liquidation Proceeding, (i) if the First-Priority Secured Parties (or any subset thereof) are granted adequate protection in the form of Liens on additional or replacement collateral or superpriority claims in connection with any DIP Financing or use of cash collateral under Section 363 or Section 364 of Title 11 of the United States Code or any similar provisions of any other Bankruptcy Law, then each Second-Priority Representative, on behalf of itself and any applicable Second-Priority Secured Party, may seek or request adequate protection in the form of a Lien on such additional or replacement collateral or superpriority claim, which Lien or superpriority claim is subordinated to the Liens securing or the superpriority claim in respect of the First-Priority Obligations and such DIP Financing (and all obligations relating thereto) on the same basis as the other Liens securing the Second-Priority Obligations are so subordinated to the Liens securing First-Priority Obligations under this Agreement, (ii) in the event any Second-Priority Representative, on behalf of itself or any applicable Second-Priority Secured Party, seeks or requests adequate protection and such adequate protection is granted in the form of Liens on additional or replacement collateral, then such Second-Priority Representative, on behalf of itself or each such Second-Priority Secured Party, agrees that the First-Priority Representatives shall also be granted a senior Lien on such additional or replacement collateral as security for the applicable First-Priority Obligations and any such DIP Financing and that any Lien on such additional or replacement collateral securing the Second-Priority Obligations shall be subordinated to the Liens on such collateral securing the First-Priority Obligations and any such DIP Financing (and all obligations relating thereto) and any other Liens granted to the First-Priority Secured Parties as adequate protection on the same basis as the other Liens securing the Second-Priority Obligations are subordinated to such Liens securing First-Priority Obligations under this Agreement, and (iii) in the event any Second-Priority Representative, on behalf of itself or any applicable Second-Priority Secured Party, seek or request adequate protection and such adequate protection is granted in the form of a superpriority claim, then such Second-Priority Representative, on behalf of itself or each such Second-Priority Secured Party, agree that the First-Priority Collateral Agents and each applicable First-Priority Secured Party shall also be granted adequate protection in the form of a

 

28


* * * CONFIDENTIAL * * *

 

superpriority claim, which superpriority claim shall be senior to the superpriority claim of the Second-Priority Representatives and the Second-Priority Secured Parties; provided, however, that the Second-Priority Representative shall have irrevocably agreed, pursuant to Section 1129(a)(9) of Title 11 of the United States Code or the equivalent provision of the Bankruptcy Law of any other relevant jurisdiction, on behalf of itself and the Second-Priority Secured Parties, in any stipulation and/or order granting such adequate protection, that such junior superpriority claims may be paid under any plan of reorganization in any combination of cash, debt, equity or other property having a value on the effective date of such plan equal to the allowed amount of such claims. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that except as expressly set forth in this Section 6.3, none of them shall seek or accept adequate protection without the prior written consent of the First-Priority Collateral Agents.

6.4 Preference Issues. If any First-Priority Secured Party is required in any Insolvency or Liquidation Proceeding or otherwise to disgorge, turn over or otherwise pay any amount to the estate of the Company or any other Grantor (or any trustee, receiver or similar person therefor), because the payment of such amount was avoided or ordered to be paid or disgorged for any reason, including without limitation because it was found or declared to be fraudulent or preferential or a transfer at undervalue in any respect or for any other reason, any amount (a “Recovery”), whether received as proceeds of security, enforcement of any right of setoff or otherwise, then the First-Priority Obligations shall be reinstated to the extent of such Recovery and deemed to be outstanding as if such payment had not occurred and the First-Priority Secured Parties shall be (or remain) entitled to the benefits of this Agreement until the Discharge of First-Priority Obligations with respect to all such recovered amounts and shall have all rights hereunder until such time. If this Agreement shall have been terminated prior to such Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination shall not diminish, release, discharge, impair or otherwise affect the obligations of the parties hereto. Each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, hereby agrees that none of them shall be entitled to benefit from any avoidance action affecting or otherwise relating to any distribution or allocation made in accordance with this Agreement, whether by preference or otherwise, it being understood and agreed that the benefit of such avoidance action otherwise allocable to them shall instead be allocated and turned over for application in accordance with the priorities set forth in this Agreement.

6.5 Application. This Agreement, which the parties hereto expressly acknowledge is a “subordination agreement” under Section 510(a) of Title 11 of the United States Code or any similar provision of any other Bankruptcy Law, shall be applicable prior to and after the commencement of any Insolvency or Liquidation Proceeding. All references herein to any Grantor shall apply to any trustee, receiver or similar person for such Person and such Person as debtor in possession and any receiver, interim receiver, receiver and manager, trustee or similar person of such Grantor. The relative rights as to the Common Collateral and proceeds thereof shall continue after the filing thereof on the same basis as prior to the date of the petition, subject to any court order approving the financing of, or use of cash collateral by, any Grantor.

6.6 506(c) Claims. Until the Discharge of First-Priority Obligations has occurred, each Second-Priority Representative, on behalf of itself and each applicable Second-

 

29


* * * CONFIDENTIAL * * *

 

Priority Secured Party, will not assert or enforce any claim under Section 506(c) of Title 11 of the United States Code or any similar provision of any other Bankruptcy Law senior to or on a parity with the Liens securing the First-Priority Obligations for costs or expenses of preserving or disposing of any Common Collateral.

6.7 Separate Grants of Security and Separate Classifications. Each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, acknowledges and agrees that (a) the grants of Liens pursuant to the First-Priority Collateral Documents and the Second-Priority Collateral Documents constitute separate and distinct grants of Liens and (b) because of, among other things, their differing rights in the Common Collateral, the Second-Priority Obligations are fundamentally different from the First-Priority Obligations and must be separately classified in any plan of reorganization proposed or adopted in an Insolvency or Liquidation Proceeding. To further effectuate the intent of the parties as provided in the immediately preceding sentence, if it is held that the claims of the First-Priority Secured Parties and the Second-Priority Secured Parties in respect of the Common Collateral constitute a single class of claims (rather than separate classes of senior and junior secured claims), then each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, hereby acknowledges and agrees that all distributions shall be made as if there were separate classes of senior and junior secured claims against the Grantors in respect of the Common Collateral, with the effect being that, to the extent that the aggregate value of the Common Collateral is sufficient (for this purpose ignoring all claims held by the Second-Priority Secured Parties), the First-Priority Secured Parties shall be entitled to receive, in addition to amounts distributed to them in respect of principal, pre-petition interest and other claims, all amounts owing in respect of post-petition interest, fees and expenses (whether or not allowed or allowable) before any distribution is made in respect of the Second-Priority Obligations, with each Second-Priority Representative, for itself and on behalf of each applicable Second-Priority Secured Party, hereby acknowledging and agreeing to turn over to the applicable First-Priority Collateral Agent amounts otherwise received or receivable by them to the extent necessary to effectuate the intent of this sentence, even if such turnover has the effect of reducing the claim or recovery of the Second-Priority Secured Parties.

6.8 Section 1111(b)(2) Waiver. Each Second-Priority Representative, for itself and on behalf of the other Second-Priority Secured Parties, shall not object to, oppose, support any objection, or take any other action to impede, the right of any First-Priority Secured Party to make an election under Section 1111(b)(2) of Title 11 of the United States Code or any similar provision of any other Bankruptcy Law, and waives any claim it may hereafter have against any First-Priority Secured Party (or any of their respective agents or representatives) arising out of the election by any First-Priority Secured Party of the application to the claims of any First-Priority Secured Party of Section 1111(b)(2) of Title 11 of the of the United States Code or any similar provision of any other Bankruptcy Law, and/or out of any sale, use, or lease of cash or other collateral or DIP Financing arrangement or out of any grant of a security interest in connection with the Common Collateral in any Insolvency or Liquidation Proceeding.

6.9 Asset Sales. Each Second-Priority Representative agrees, for and on behalf of itself and the applicable Second-Priority Secured Parties represented thereby, that it will not oppose (and shall be deemed to have consented to) any sale, or any procedures governing the sale or disposition, of any Collateral pursuant to Section 363(f) of Title 11 of the

 

30


* * * CONFIDENTIAL * * *

 

of the United States Code (or any similar provision under the law applicable to any Insolvency or Liquidation Proceeding) consented to by any First-Priority Collateral Agent or any First-Priority Representative, or any motion or pleading with respect thereto, and shall release their Liens on the assets sold or disposed of pursuant thereto, and shall be deemed to have consented to such release, except to the extent such proceeds of such sale are not applied in accordance with this Agreement (in which case the Second-Priority Representative, for the benefit of the Second-Priority Secured Parties, shall retain a Lien on the proceeds of such sale on the same basis of priority as the Liens securing the Second-Priority Obligations that are subordinated to Liens securing First-Priority Obligations under this Agreement). Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that it will raise no objection to (and will not otherwise contest or join with or support any third party opposing, objecting to or contesting) any lawful exercise by any holder of First-Priority Obligations of the right to credit bid First-Priority Obligations at any sale in foreclosure of First-Priority Collateral.

6.10 Reorganization Securities.

(a) If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed, pursuant to a Plan of Reorganization or similar dispositive restructuring plan, on account of both the First-Priority Obligations and the Second-Priority Obligations, then, to the extent the debt obligations distributed on account of the First-Priority Obligations and on account of the Second-Priority Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations. Any such reorganization debt obligations distributed on account of the Second-Priority Obligations must provide (i) for the payment of interest thereon in kind until such time as the reorganization debt obligations distributed on account of the First-Priority Obligations are paid in full and Discharged in accordance with the terms thereof and (ii) for a maturity date and weighted average life to maturity that is later than the maturity date, or longer than the weighted average life to maturity, as the case may be, of the reorganization debt obligations distributed on account of the First-Priority Obligations.

(b) Each Second-Priority Secured Party (whether in the capacity of a secured creditor or an unsecured creditor) shall not propose, vote in favor of, or otherwise directly or indirectly support any plan of reorganization (and each shall be deemed to have voted to reject any such plan of reorganization), (a) unless such plan indefeasibly pays off, in cash in full, all First-Priority Obligations, (b) unless such plan is proposed or supported by the number of First-Priority Secured Parties required under Section 1126(d) of Title 11 of the United States Code and the equivalent provision of the Bankruptcy Law of any other relevant jurisdiction, or (c) other than with the prior written consent of the First-Priority Collateral Agents.

6.11 No Waivers of Rights of First-Priority Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any First-Priority Representative or any other First-Priority Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second-Priority Secured Party, including the seeking by any Second-Priority Secured Party of adequate protection or the assertion by any Second-Priority Secured Party of any of its rights and remedies under the Second-Priority Documents or otherwise.

 

31


* * * CONFIDENTIAL * * *

 

6.12 Post-Petition Interest. No Second-Priority Representative, on behalf of itself or any Second-Priority Secured Party, shall oppose or seek to challenge any claim by the First-Priority Representative or any other First-Priority Secured Party for allowance or payment in any Insolvency or Liquidation Proceeding of the First-Priority Obligations consisting of Post-Petition Interest, fees or expenses to the extent of the value of the Liens securing the First-Priority Collateral, without regard to the existence of the Liens securing the Second-Priority Collateral, and whether or not such Post-Petition Interest, fees or expenses are allowed or allowable under applicable Bankruptcy Law in such Insolvency or Liquidation Proceeding.

6.13 Other Matters. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, agrees that it will raise no objection to (and will not otherwise contest or join with or support any third party opposing, objecting to or contesting) any other request for judicial relief made in any court by any holder of First-Priority Obligations relating to the lawful enforcement of any Lien on First-Priority Collateral. To the extent that any Second-Priority Representative or any Second-Priority Secured Party has or acquires rights under Section 363 or Section 364 of Title 11 of the United States Code or any similar provision of any other Bankruptcy Law with respect to any of the Common Collateral, such Second-Priority Representative, on behalf of itself and each Second-Priority Secured Party, or such Second-Priority Secured Party agrees not to assert any such rights without the prior written consent of each First-Priority Representative, provided that if requested by any First-Priority Representative, such Second-Priority Representative shall timely exercise such rights in the manner requested by the First-Priority Representatives (acting unanimously), including any rights to payments in respect of such rights.

6.14 Filing of Motions. Until the Discharge of First Priority Obligations has occurred, the Second-Priority Representative agrees on behalf of itself and the other Second-Priority Secured Parties that no Second-Priority Secured Party shall, in or in connection with any Insolvency or Liquidation Proceeding, file any pleadings or motions, take any position at any hearing or proceeding of any nature, or otherwise take any action whatsoever, in each case in respect of any of the Common Collateral, including, without limitation, with respect to the determination of any Liens or claims held by any First Priority Representative (including the validity and enforceability thereof) or any other First Priority Secured Party or the value of any claims of such parties under Section 506(a) of Title 11 of the United States Code or the equivalent provision of the Bankruptcy Law of any other relevant jurisdiction or otherwise; provided that the Second-Priority Representative may file a proof of claim in an Insolvency or Liquidation Proceeding, subject to the limitations contained in this Agreement and only if consistent with the terms and the limitations on the Second-Priority Representative imposed hereby.

Section 7. Reliance; Waivers; Etc.

7.1 Reliance. All loans and other extensions of credit made or deemed made on and after the date hereof by the First-Priority Secured Parties to the Company or any Subsidiary of the Company shall be deemed to have been given and made in reliance upon this

 

32


* * * CONFIDENTIAL * * *

 

Agreement. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party (other than the Trustee and the Notes Collateral Agent), acknowledges that it and the applicable Second-Priority Secured Parties (other than the Trustee and the Notes Collateral Agent) have, independently and without reliance on any First-Priority Collateral Agent or any First-Priority Secured Party, and based on documents and information deemed by them appropriate, made their own credit analysis and decision to enter into the applicable Second-Priority Documents, this Agreement and the transactions contemplated hereby and thereby and they will continue to make their own credit decision in taking or not taking any action under the applicable Second-Priority Documents or this Agreement.

7.2 No Warranties or Liability. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, acknowledges and agrees that neither any First-Priority Collateral Agent nor any First-Priority Secured Party has made any express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectability or enforceability of any of the First-Priority Documents, the ownership of any Common Collateral or the perfection or priority of any Liens thereon. The First-Priority Secured Parties will be entitled to manage and supervise their respective loans and extensions of credit under the First-Priority Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate, and the First-Priority Secured Parties may manage their loans and extensions of credit without regard to any rights or interests that any Second-Priority Representative or any of the Second-Priority Secured Parties have in the Common Collateral or otherwise, except as otherwise provided in this Agreement. Neither any First-Priority Collateral Agent nor any First-Priority Secured Party shall have any duty to any Second-Priority Representative or any Second-Priority Secured Party to act or refrain from acting in a manner that allows, or results in, the occurrence or continuance of an event of default or default under any agreements with the Company or any Subsidiary thereof (including the Second-Priority Documents), regardless of any knowledge thereof that they may have or be charged with. Except as expressly set forth in this Agreement, the First-Priority Collateral Agents, the First-Priority Secured Parties, the Second-Priority Representatives and the Second-Priority Secured Parties have not otherwise made to each other, nor do they hereby make to each other, any warranties, express or implied, nor do they assume any liability to each other with respect to (a) the enforceability, validity, value or collectability of any of the Second-Priority Obligations, the First-Priority Obligations or any guarantee or security which may have been granted to any of them in connection therewith, (b) the Company’s or any other Grantor’s title to or right to transfer any of the Common Collateral or (c) any other matter except as expressly set forth in this Agreement.

7.3 Obligations Unconditional. All rights, interests, agreements and obligations of the First-Priority Collateral Agents and the First-Priority Secured Parties, and the Second-Priority Representatives and the Second-Priority Secured Parties, respectively, hereunder shall remain in full force and effect irrespective of:

(a) any lack of validity or enforceability of any First-Priority Documents or any Second-Priority Documents;

(b) any change in the time, manner or place of payment of, or in any other terms of, all or any of the First-Priority Obligations or Second-Priority Obligations, or any

 

33


* * * CONFIDENTIAL * * *

 

amendment or waiver or other modification, including any increase in the amount thereof, whether by course of conduct or otherwise, or any Refinancing of, the terms of the Credit Agreement or any other First-Priority Document or of the terms of the Notes Indenture or any other Second-Priority Document;

(c) any exchange, release, voiding, avoidance or non-perfection of any security interest in any Common Collateral or any other collateral, or any release, amendment, waiver or other modification, whether in writing or by course of conduct or otherwise, or any Refinancing of, all or any of the First-Priority Obligations or Second-Priority Obligations or any guarantee thereof;

(d) the commencement of any Insolvency or Liquidation Proceeding in respect of the Company or any other Grantor; or

(e) any other circumstances that otherwise might constitute a defense available to, or a discharge of, the Company or any other Grantor in respect of the First-Priority Obligations, or of any Second-Priority Representative or any Second-Priority Secured Party in respect of this Agreement.

7.4 No Waivers. No right or benefit of any party hereunder shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of such party or any other party hereto or by any noncompliance by any Grantor with the terms and conditions of any of the First-Priority Documents or the Second-Priority Documents.

Section 8. Miscellaneous.

8.1 Conflicts. Subject to Section 8.19, in the event of any conflict between the terms of this Agreement and the terms of any First-Priority Document or any Second-Priority Document, the terms of this Agreement shall govern.

8.2 Continuing Nature of this Agreement; Severability. Subject to Section 5.7 and Section 6.4, this Agreement shall continue to be effective until the Discharge of First-Priority Obligations shall have occurred or such later time as all the Obligations in respect of the Second-Priority Obligations shall have been paid in full. This is a continuing agreement of lien subordination and the First-Priority Secured Parties may continue, at any time and without notice to each Second-Priority Representative or any Second-Priority Secured Party, to extend credit and other financial accommodations and lend monies to or for the benefit of the Company or any other Grantor constituting First-Priority Obligations in reliance hereon. The terms of this Agreement shall survive, and shall continue in full force and effect, in any Insolvency or Liquidation Proceeding, any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall not invalidate the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor in good faith negotiations to replace any invalid, illegal or unenforceable provisions of this Agreement with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

 

34


* * * CONFIDENTIAL * * *

 

8.3 Amendments; Waivers. No amendment, supplement, modification or waiver of any of the provisions of this Agreement shall be deemed to be made unless the same shall be in writing signed on behalf of each Second-Priority Representative (or its authorized agent) and First-Priority Representative (or its authorized agent), in each case, acting in accordance with the applicable First-Priority Documents and Second-Priority Documents, and each waiver, if any, shall be a waiver only with respect to the specific instance involved and shall in no way impair the rights of the parties making such waiver or the obligations of the other parties to such party in any other respect or at any other time; provided that any such amendment, supplement, modification or waiver which by the terms of this Agreement requires the Company or any other Grantor’s consent or which increases the obligations or reduces the rights of, or otherwise materially adversely affects, the Company or any Grantor, shall require the consent of the Company. Notwithstanding anything in this Section 8.3 to the contrary, this Agreement may be amended from time to time at the request of the Company, at the Company’s expense, and without the consent of any First-Priority Representative, any Second-Priority Representative, any First-Priority Secured Party or any Second-Priority Secured Party, but subject to the requirements and consent rights set forth in Section 8.21, to (i) add other parties holding Other First-Priority Obligations (or any agent or trustee therefor) (subject to the prior written consent of the First-Priority Collateral Agents and each other First-Priority Representative, and subject to the negotiation of an intercreditor agreement in form and substance reasonably satisfactory to the existing First-Priority Representatives and the existing Required Lenders) and Other Second-Priority Obligations (or any agent or trustee therefor) in each case to the extent such Obligations are not prohibited by any First-Priority Credit Document or any Second-Priority Credit Document, (ii) in the case of Other Second-Priority Obligations, (a) establish that the Lien on the Common Collateral securing such Other Second-Priority Obligations shall be junior and subordinate in all respects to all Liens on the Common Collateral securing any First-Priority Obligations and shall share in the benefits of the Common Collateral equally and ratably with all Liens on the Common Collateral securing any Second-Priority Obligations (subject to the terms of the Second-Priority Documents), and (b) provide to the holders of such Other Second-Priority Obligations (or any agent or trustee thereof) the comparable rights and benefits (including any improved rights and benefits that have been consented to by the First-Priority Collateral Agents) as are provided to the holders of Second-Priority Obligations under this Agreement (subject to the terms of the Second-Priority Documents), and (iii) in the case of Other First-Priority Obligations, (a) establish that the Lien on the Common Collateral securing such Other First-Priority Obligations shall be superior in all respects to all Liens on the Common Collateral securing any Second-Priority Obligations and shall share in the benefits of the Liens on the Common Collateral securing any First-Lien Obligations to the extent set forth in an intercreditor agreement negotiated by, and in form and substance reasonably satisfactory to, the existing First-Priority Representatives and the existing Required Lenders (subject to the terms of the First-Priority Documents), and (b) subject to the prior written consent of the First-Priority Collateral Agents and each other First-Priority Representative, provide to the holders of such Other First-Priority Obligations (or any agent or trustee thereof) the comparable rights and benefits as are provided to the holders of First-Priority Obligations under this Agreement (subject to the terms of the intercreditor agreement referred to in clause (a) above and the terms of the other First-Priority Documents), in each case so long as such modifications are not prohibited by any First-Priority Credit Document or any Second-Priority Credit Document. Any such additional party and each First-Priority Representative and

 

35


* * * CONFIDENTIAL * * *

 

each Second-Priority Representative shall be entitled to rely on the determination of an officer of the Company that such modifications are not prohibited by any First-Priority Credit Document or any Second-Priority Credit Document if such determination is set forth in an officer’s certificate delivered to such party, each First-Priority Representative and each Second-Priority Representative. At the request (and sole expense) of the Company, without the consent of any other First-Priority Secured Party or other Second-Priority Secured Party except as otherwise provided in this Section 8.3, each of the First-Priority Collateral Agents (solely to the extent such Person consents to the same), the Second-Priority Collateral Agent and each other First-Priority Representative (solely to the extent such Person consents to the same) and Second-Priority Representative shall execute and deliver an acknowledgment and confirmation of such permitted modifications and/or enter into an amendment, a restatement or a supplement of this Agreement to facilitate such permitted modifications (it being understood that such actions shall not be required for the effectiveness of any such modifications).

8.4 Information Concerning Financial Condition of the Company and the Subsidiaries. The First-Priority Collateral Agents, the First-Priority Secured Parties, each Second-Priority Representative and the Second-Priority Secured Parties shall each be responsible for keeping themselves informed of (a) the financial condition of the Company and the Subsidiaries of the Company and all endorsers and/or guarantors of the Second-Priority Obligations or the First-Priority Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the Second-Priority Obligations or the First-Priority Obligations. The First-Priority Collateral Agents, the First-Priority Secured Parties, each Second-Priority Representative and the Second-Priority Secured Parties shall have no duty to advise any other party hereunder of information known to it or them regarding such condition or any such circumstances or otherwise. In the event that any First-Priority Collateral Agent, any First-Priority Secured Party, any Second-Priority Representative or any Second-Priority Secured Party, in its or their sole discretion, undertakes at any time or from time to time to provide any such information to any other party, it or they shall be under no obligation (w) to make, and the First-Priority Collateral Agents, the First-Priority Secured Parties, the Second-Priority Representatives and the Second-Priority Secured Parties shall not make, any express or implied representation or warranty, including with respect to the accuracy, completeness, truthfulness or validity of any such information so provided, (x) to provide any additional information or to provide any such information on any subsequent occasion, (y) to undertake any investigation or (z) to disclose any information that, pursuant to accepted or reasonable commercial finance practices, such party wishes to maintain confidential or is otherwise required to maintain confidential.

8.5 Subrogation. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, hereby waives any rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of First-Priority Obligations has occurred.

8.6 Application of Payments. Except as otherwise provided herein, all payments received by the First-Priority Secured Parties may be applied, reversed and reapplied, in whole or in part, to such part of the First-Priority Obligations as the First-Priority Secured Parties, in their sole discretion, deem appropriate, consistent with the terms of the First-Priority Documents. Except as otherwise provided herein, each Second-Priority Representative, on behalf

 

36


* * * CONFIDENTIAL * * *

 

of itself and each applicable Second-Priority Secured Party, assents to any such extension or postponement of the time of payment of the First-Priority Obligations or any part thereof and to any other indulgence with respect thereto, to any substitution, exchange or release of any security that may at any time secure any part of the First-Priority Obligations and to the addition or release of any other Person primarily or secondarily liable therefor.

8.7 Consent to Jurisdiction; WAIVER OF JURY TRIAL; Other Waivers. The parties hereto irrevocably and unconditionally agree that they will not commence any action, litigation or proceeding of any kind or description, whether in law or equity, whether in contract or in tort or otherwise, against any First-Priority Secured Party, or any affiliate of the foregoing in any way relating to this Agreement or the transactions relating hereto, in any forum other than the courts of the State of New York sitting in New York County, and of the United States District Court of the Southern District of New York, and any appellate court from any thereof. The parties hereto consent to the jurisdiction of any state or federal court located in New York County, New York, and consent that all service of process may be made by registered mail directed to such party as provided in Section 8.8 for such party. Service so made shall be deemed to be completed three days after the same shall be posted as aforesaid. The parties hereto waive any objection to any action instituted hereunder in any such court based on forum non conveniens, and any objection to the venue of any action instituted hereunder in any such court. EACH OF THE PARTIES HERETO WAIVES ANY RIGHT IT MAY HAVE TO TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED ON, OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, VERBAL OR WRITTEN STATEMENT OR ACTION OF ANY PARTY HERETO IN CONNECTION WITH THE SUBJECT MATTER HEREOF.

8.8 Notices. All notices to the First-Priority Secured Parties and the Second-Priority Secured Parties permitted or required under this Agreement may be sent to the First-Priority Collateral Agents, the Notes Collateral Agent, or any other First-Priority Representative or Second-Priority Representative as provided in the Credit Agreement, the Notes Indenture, the relevant First-Priority Document or the relevant Second-Priority Document, as applicable. Unless otherwise specifically provided herein, any notice or other communication herein required or permitted to be given shall be in writing and may be personally served, faxed, electronically mailed or sent by courier service or U.S. mail and shall be deemed to have been given when delivered in person or by courier service, upon receipt of a telecopy or electronic mail or upon receipt via U.S. mail (registered or certified, with postage prepaid and properly addressed). For the purposes hereof, the addresses of the parties hereto shall be as set forth below each party’s name on the signature pages hereto, as provided in the Credit Agreement, the Notes Indenture, the relevant First-Priority Document or the relevant Second-Priority Document, as applicable, or, as to each party, at such other address as may be designated by such party in a written notice to all of the other parties. Each First-Priority Representative hereby agrees to promptly notify each Second-Priority Representative upon payment in full in cash of all indebtedness under the applicable First-Priority Documents (except for contingent indemnities and cost and reimbursement obligations to the extent no claim therefor has been made).

8.9 Further Assurances. Each of the Second-Priority Representatives, on behalf of itself and each applicable Second-Priority Secured Party, and each of the First-Priority

 

37


* * * CONFIDENTIAL * * *

 

Representatives, on behalf of itself and each applicable First-Priority Secured Party, agrees that each of them shall take such further action and shall execute and deliver to the First-Priority Collateral Agents and the First-Priority Secured Parties such additional documents and instruments (in recordable form, if requested) as the First-Priority Collateral Agents or the First-Priority Secured Parties may reasonably request to effectuate the terms of and the lien priorities contemplated by this Agreement.

8.10 Governing Law. THIS AGREEMENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSES OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY PRINCIPLE OF CONFLICTS OF LAW THAT COULD REQUIRE THE APPLICATION OF ANY OTHER LAW.

8.11 Binding on Successors and Assigns. This Agreement shall be binding upon the First-Priority Collateral Agents, the other First-Priority Representatives, the First-Priority Secured Parties, the Second-Priority Representatives, the Second-Priority Secured Parties, the Company, the Company’s Subsidiaries party hereto and their respective permitted successors and assigns.

8.12 Specific Performance. Each First-Priority Collateral Agent may demand specific performance of this Agreement. Each Second-Priority Representative, on behalf of itself and each applicable Second-Priority Secured Party, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by any First-Priority Collateral Agent.

8.13 Section Titles. The section titles contained in this Agreement are and shall be without substantive meaning or content of any kind whatsoever and are not a part of this Agreement.

8.14 Counterparts. This Agreement may be executed in one or more counterparts, including by means of facsimile or pdf, each of which shall be an original and all of which shall together constitute one and the same document. Delivery of an executed signature page to this Agreement by facsimile or pdf shall be as effective as delivery of a manually signed counterpart of this Agreement.

8.15 Authorization. By its signature, each Person executing this Agreement on behalf of a party hereto represents and warrants to the other parties hereto that it is duly authorized to execute this Agreement. Each First-Priority Representative represents and warrants that this Agreement is binding upon the applicable First-Priority Secured Parties for which such First-Priority Representative is acting. Each Second-Priority Representative represents and warrants that this Agreement is binding upon the applicable Second-Priority Secured Parties for which such Second-Priority Representative is acting.

 

38


* * * CONFIDENTIAL * * *

 

8.16 No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure solely to the benefit of the First-Priority Representatives, the First-Priority Secured Parties, the Second-Priority Representatives and the Second-Priority Secured Parties, and their respective permitted successors and assigns, and no other Person (including the Company and its Subsidiaries). This Agreement and the rights and benefits hereof shall be binding upon each of the parties hereto and their respective permitted successors and assigns and the holders of First-Priority Obligations and Second-Priority Obligations and their respective permitted successors and assigns. No other Person shall have or be entitled to assert rights or benefits hereunder.

8.17 Effectiveness. This Agreement shall become effective when executed and delivered by the parties hereto. This Agreement shall be effective both before and after the commencement of any Insolvency or Liquidation Proceeding. All references to the Company or any other Grantor shall include the Company or any other Grantor as debtor and debtor-in-possession and any receiver, interim receiver, receiver and manager or trustee or similar person for the Company or any other Grantor (as the case may be) in any Insolvency or Liquidation Proceeding.

8.18 First-Priority Representatives and Second-Priority Representatives. It is understood and agreed that (a) JPMorgan is entering into this Agreement in its capacity as administrative agent and administrative collateral agent under the Credit Agreement and the provisions of Article VIII of the Credit Agreement applicable to JPMorgan as administrative agent and administrative collateral agent thereunder shall also apply to JPMorgan as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent hereunder, (b) JPMorgan Chase Bank, N.A., London Branch, is entering into this Agreement in its capacity as UK security trustee under the Credit Agreement and the provisions of Article VIII of the Credit Agreement applicable to JPMorgan Chase Bank, N.A., London Branch, as UK security trustee thereunder, shall also apply to JPMorgan Chase Bank, N.A., London Branch, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent hereunder, and (c) Wilmington Trust, National Association is entering into this Agreement in its capacity as Notes Collateral Agent under the Notes Collateral Agreement, and the provisions of Article XI of the Notes Indenture applicable to the Notes Collateral Agent thereunder shall also apply to it as Second-Priority Collateral Agent and Notes Collateral Agent hereunder.

8.19 Relative Rights. Notwithstanding anything in this Agreement to the contrary (except to the extent contemplated by Sections 5.1 and 5.3(b)), nothing in this Agreement is intended to or will (a) amend, waive or otherwise modify the provisions of the Credit Agreement, the Notes Indenture or any other First-Priority Document or Second-Priority Document entered into in connection with the Credit Agreement, the Notes Indenture or any other First-Priority Document or Second-Priority Document or permit the Company or any Subsidiary of the Company to take any action, or fail to take any action, to the extent such action or failure would otherwise constitute a breach of, or default under, the Credit Agreement, the Notes Indenture or any other First-Priority Document or Second-Priority Document entered into in connection with the Credit Agreement, the Notes Indenture or any other First-Priority Document or Second-Priority Credit Document, (b) change the relative priorities of the First-Priority Obligations or the Liens granted under the First-Priority Documents on the Common Collateral (or any other assets) as among the First-Priority Secured Parties or (c) otherwise

 

39


* * * CONFIDENTIAL * * *

 

change the relative rights of the First-Priority Secured Parties in respect of the Common Collateral as among such First-Priority Secured Parties or (d) obligate the Company or any Subsidiary of the Company to take any action, or fail to take any action, that would otherwise constitute a breach of, or default under, the Credit Agreement, the Notes Indenture or any other First-Priority Document or Second-Priority Document entered into in connection with the Credit Agreement, the Notes Indenture or any other First-Priority Document or Second-Priority Document.

8.20 Second-Priority Collateral Agent. The Second-Priority Collateral Agent is executing and delivering this Agreement solely in its capacity as such and pursuant to directions set forth in the Notes Indenture; and in so doing, the Second-Priority Collateral Agent shall not be responsible for the terms or sufficiency of this Agreement for any purpose. The Second-Priority Collateral Agent shall not have duties or obligations under or pursuant to this Agreement other than such duties expressly set forth in this Agreement as duties on its part to be performed or observed. In entering into this Agreement, or in taking (or forbearing from) any action under or pursuant to this Agreement, the Second-Priority Collateral Agent shall have and be protected by all of the rights, immunities, indemnities and other protections granted to it under the Notes Indenture and, as applicable, the Notes Collateral Agreement.

8.21 Joinder Requirements.

(a) The Company may designate additional obligations as Other First-Priority Obligations or Other Second-Priority Obligations pursuant to this Section 8.21 if (x) the First-Priority Collateral Agents and each other First-Priority Representative consents in writing to such designation prior to the effectiveness of any such Other First-Priority Obligations, (y) the incurrence of such obligations is not prohibited by any First-Priority Document or Second-Priority Document then in effect and (z) the Company shall have delivered an officer’s certificate to each First-Priority Representative and each Second-Priority Representative certifying the same. If not so prohibited, upon satisfaction of the requirements in the immediately preceding sentence, the Company shall (i) notify each First-Priority Representative and each Second-Priority Representative in writing of such designation and (ii) cause the applicable new First-Priority Representative or Second-Priority Representative to execute and deliver to each other First-Priority Representative and Second-Priority Representative, a Joinder Agreement substantially in the form of Exhibit A or Exhibit B, as applicable, hereto.

(b) The Company and each Grantor agrees that, if any Subsidiary shall become a Grantor after the date hereof, it will promptly cause such Subsidiary to become party hereto by executing and delivering an instrument in the form of Exhibit C hereto. Upon such execution and delivery, such Subsidiary will become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of such instrument shall not require the consent of any other party hereunder, and will be acknowledged by the First-Priority Collateral Agents. The Company shall deliver a copy of each such instrument to each First-Priority Representative and each Second-Priority Representative. 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.

 

40


* * * CONFIDENTIAL * * *

 

8.22 Intercreditor Agreements.

(a) Each party hereto agrees that the First-Priority Secured Parties (as among themselves) and the Second-Priority Secured Parties (as among themselves) may each enter into intercreditor agreements (or similar arrangements) with the applicable First-Priority Representatives or Second-Priority Representatives, as the case may be, governing the rights, benefits and privileges as among the First-Priority Secured Parties or as among the Second-Priority Secured Parties, as the case may be, in respect of any or all of the Common Collateral, this Agreement and the other First-Priority Collateral Documents or the other Second-Priority Collateral Documents, as the case may be, including as to application of proceeds of any Common Collateral, voting rights, control of any Common Collateral and waivers with respect to any Common Collateral, in each case so long as the terms thereof do not violate or conflict with the provisions of this Agreement or the other First-Priority Collateral Documents or Second-Priority Collateral Documents, as the case may be. In any event, if a respective intercreditor agreement (or similar arrangement) exists, the provisions thereof shall not be (or be construed to be) an amendment, modification or other change to this Agreement or any other First-Priority Collateral Document or Second-Priority Collateral Document, and the provisions of this Agreement and the other First-Priority Collateral Documents and Second-Priority Collateral Documents shall remain in full force and effect in accordance with the terms hereof and thereof (as such provisions may be amended, modified or otherwise supplemented from time to time in accordance with the terms thereof, including to give effect to any intercreditor agreement (or similar arrangement)).

(b) In addition, in the event that the Company or any Subsidiary thereof incurs any Obligations secured by a Lien on any Common Collateral that is junior to Liens thereon securing any First-Priority Obligations or Second-Priority Obligations, as the case may be, and such Obligations are not designated by the Company as Second-Priority Obligations, then the First-Priority Collateral Agents and/or Second-Priority Collateral Agent shall upon the request of the Company enter into an intercreditor agreement with the agent or trustee for the creditors with respect to such secured Obligations to reflect the relative Lien priorities of such parties with respect to the relevant portion of the Common Collateral and governing the relative rights, benefits and privileges as among such parties in respect of such Common Collateral, including as to application of the proceeds of such Common Collateral, voting rights, control of such Common Collateral and waivers with respect to such Common Collateral, in each case, so long as such Liens and the Obligations secured thereby are not prohibited by, and the terms of such intercreditor agreement are in form and substance reasonably satisfactory to each First-Priority Representative, the Required Lenders and each Second-Priority Representative and do not violate or conflict with, the provisions of this Agreement or any of the First-Priority Documents or Second-Priority Documents, as the case may be. If any such intercreditor agreement (or similar arrangement) is entered into, the provisions thereof shall not be (or be construed to be) an amendment, modification or other change to this Agreement or any First-Priority Documents, and the provisions of this Agreement, the First-Priority Documents and the Second-Priority Documents shall remain in full force and effect in accordance with the terms hereof and thereof (as such provisions may be amended, modified or otherwise supplemented from time to time in accordance with the respective terms thereof, including to give effect to any intercreditor agreement (or similar arrangement)).

 

41


* * * CONFIDENTIAL * * *

 

(c) This Agreement is deemed to be an amendment of the Existing Intercreditor Agreements.

[Remainder of page intentionally left blank]

 

42


* * * CONFIDENTIAL * * *

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

 

JPMORGAN CHASE BANK, N.A.,

as Credit Agreement Administrative Agent,

a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent

By:

 

Name:
Title:
JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent
By:

 

Name:
Title:
WILMINGTON TRUST, NATIONAL ASSOCIATION, as Notes Collateral Agent and Second-Priority Collateral Agent
By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

COTT CORPORATION

CORPORATION COTT

By:

 

Name:
Title:
COTT BEVERAGES INC.
By:

 

Name:
Title:
COTT BEVERAGES LIMITED
By:

 

Name:
Title:
CLIFFSTAR LLC
By:

 

Name:
Title:
DS SERVICES HOLDINGS, INC.
By:

 

Name:
Title:
DS SERVICES OF AMERICA, INC.
By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

DS WATERS ENTERPRISES, INC.
By:

 

Name:
Title:
DS WATERS OF AMERICA, INC.
By:

 

Name:
Title:
CRYSTAL SPRINGS OF ALABAMA HOLDINGS, LLC
POLYCYCLE SOLUTIONS, LLC
By: DS Waters of America, Inc., the sole member of each of the foregoing
By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

EXHIBIT A

Joinder Agreement

JOINDER AGREEMENT

(Other First-Priority Obligations)

JOINDER AGREEMENT (this “Agreement”) dated as of [                    ], [                    ], among [                    ] (the “New Representative”), as an Other First-Priority Representative, [[                    ] (the “New Collateral Agent”)]7, as an Other First-Priority Collateral Agent, JPMORGAN CHASE BANK, N.A., as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent, WILMINGTON TRUST, NATIONAL ASSOCIATION, as collateral agent for the Notes Secured Parties (together with its successors and co-agents in substantially the same capacity as may from time to time be appointed) and as Notes Collateral Agent and Second-Priority Collateral Agent, each additional Other First-Priority Representative (other than the New Representative) and Other Second-Priority Representative party thereto, COTT CORPORATION CORPORATION COTT on behalf of itself and its Subsidiaries.

This Agreement is supplemental to that certain Amended and Restated Intercreditor Agreement, dated as of [                    ] (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), by and among the parties (other than the New Representative and the New Collateral Agent) referred to above. This Agreement has been entered into to record the accession of the New Representative[s] as Other First-Priority Representative[s] under the Intercreditor Agreement [and to record the accession of the New Collateral Agent as an Other First-Priority Collateral Agent under the Intercreditor Agreement].

ARTICLE I

Definitions

SECTION 1.01 Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Intercreditor Agreement.

ARTICLE II

Accession

SECTION 2.01 [The][/Each] New Representative agrees to become, with immediate effect, a party to and agrees, on behalf of itself and the related Other First-Priority Secured Parties, to be bound by the terms of, the Intercreditor Agreement as an Other First-Priority Representative, and the related Other First-Priority Obligations and Other First-Priority Secured Parties become subject to and bound by the terms of, the Intercreditor Agreement as

 

1 To be included if applicable.


* * * CONFIDENTIAL * * *

 

Other First-Priority Obligations and Other First-Priority Secured Parties, respectively, with the same force and effect as if the New Representative had originally been party to the Intercreditor Agreement as an Other First-Priority Representative. The Intercreditor Agreement is hereby incorporated herein by reference.

SECTION 2.02 [The New Collateral Agent agrees to become, with immediate effect, a party to and agrees, on behalf of itself and the related Other First-Priority Secured Parties, to be bound by the terms of, the Intercreditor Agreement as an Other First-Priority Collateral Agent as if it had originally been party to the Intercreditor Agreement as an Other First-Priority Collateral Agent.]

SECTION 2.03 The New Representative[s] and the New Collateral Agent each confirm the designation and appointment of the First-Priority Collateral Agent as provided in the Intercreditor Agreement.

SECTION 2.04 Each of the New Representative[s] and the New Collateral Agent represents and warrants to the other First-Priority Representatives, Second-Priority Representatives and the other Secured Parties that (a) it has full power and authority to enter into this Agreement, in its capacity as [agent][trustee] and (ii) this Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms hereof, except as may be limited by Bankruptcy Laws and by general principals of equity.

SECTION 2.05 The New Representative[s] and the New Collateral Agent confirm[s] that their address details for notices pursuant to the Intercreditor Agreement [is][/are] as follows: [        ].

SECTION 2.06 Each party to this Agreement (other than the New Representative[s] and the New Collateral Agent) confirms the acceptance of the New Representative[s] and New Collateral Agent as an Other First-Priority Representative and Other First-Priority Collateral Agent, respectively, for purposes of the Intercreditor Agreement.

SECTION 2.07 [        ] [is][/are] acting in the capacities of Other First-Priority Representative[s] and [        ] is acting in its capacity as Other First-Priority Collateral Agent solely for the [Secured Parties] under [        ].

ARTICLE III

Miscellaneous

SECTION 3.01 This Agreement shall be governed by, and construed in accordance with, the law of the State of New York.

SECTION 3.02 This Agreement may be executed in one or more counterparts, including by means of facsimile or pdf, each of which shall be an original and all of which shall together constitute one and the same document. Delivery of an executed signature page to this Agreement by facsimile or pdf shall be as effective as delivery of a manually signed counterpart of this Agreement.


* * * CONFIDENTIAL * * *

 

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.

 

[                    ],

as an Other First-Priority Representative[and

as an Other First-Priority Collateral Agent]

By:

 

Name:
Title:

JPMORGAN CHASE BANK, N.A.,

as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent

By:

 

Name:
Title:
JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent
By:

 

Name:
Title:
WILMINGTON TRUST, NATIONAL ASSOCIATION, as Notes Collateral Agent and Second-Priority Collateral Agent
By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

[                    ],
as an Other First-Priority Representative
By:

 

Name:
Title:

[                    ],

as an Other Second-Priority Representative

By:

 

Name:
Title:

COTT CORPORATION

CORPORATION COTT

By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

EXHIBIT B

Joinder Agreement

JOINDER AGREEMENT

(Other Second-Priority Obligations)

JOINDER AGREEMENT (this “Agreement”) dated as of [                    ], [                    ], among [                    ] (the “New Representative”), as an Other Second-Priority Representative, [[                    ] (the “New Collateral Agent”)]1, as an Other Second-Priority Collateral Agent, JPMORGAN CHASE BANK, N.A., as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent, WILMINGTON TRUST, NATIONAL ASSOCIATION, as collateral agent for the Notes Secured Parties (together with its successors and co-agents in substantially the same capacity as may from time to time be appointed) and as Notes Collateral Agent and Second-Priority Collateral Agent, each additional Other First-Priority Representative (other than the New Representative) and Other Second-Priority Representative party thereto, COTT CORPORATION CORPORATION COTT on behalf of itself and its Subsidiaries.

This Agreement is supplemental to that certain First Lien/Second Lien Intercreditor Agreement, dated as of [                    ] (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), by and among the parties (other than the New Representative and the New Collateral Agent) referred to above. This Agreement has been entered into to record the accession of the New Representative[s] as Other Second-Priority Representative[s] under the Intercreditor Agreement [and to record the accession of the New Collateral Agent as an Other Second-Priority Collateral Agent under the Intercreditor Agreement].

ARTICLE I

Definitions

SECTION 1.01 Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Intercreditor Agreement.

ARTICLE II

Accession

SECTION 2.01 [The][/Each] New Representative agrees to become, with immediate effect, a party to and agrees, on behalf of itself and the related Other Second-Priority Secured Parties, to be bound by the terms of, the Intercreditor Agreement as an Other Second-Priority Representative, and the related Other Second-Priority Obligations and Other Second-

 

1  To be included if applicable.


* * * CONFIDENTIAL * * *

 

Priority Secured Parties become subject to and bound by the terms of, the Intercreditor Agreement as Other Second-Priority Obligations and Other Second-Priority Secured Parties, respectively, with the same force and effect as if the New Representative had originally been party to the Intercreditor Agreement as an Other Second-Priority Representative. The Intercreditor Agreement is hereby incorporated herein by reference.

SECTION 2.02 [The New Collateral Agent agrees to become, with immediate effect, a party to and agrees, on behalf of itself and the related Other Second-Priority Secured Parties, to be bound by the terms of, the Intercreditor Agreement as an Other Second-Priority Collateral Agent as if it had originally been party to the Intercreditor Agreement as an Other Second-Priority Collateral Agent.]

SECTION 2.03 Each of the New Representative[s] and the New Collateral Agent represents and warrants to the other First-Priority Representatives, Second-Priority Representatives and the other Secured Parties that (a) it has full power and authority to enter into this Agreement, in its capacity as [agent][trustee] and (ii) this Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms hereof, except as may be limited by Bankruptcy Laws and by general principals of equity.

SECTION 2.04 The New Representative[s] and the New Collateral Agent confirm[s] that their address details for notices pursuant to the Intercreditor Agreement [is][/are] as follows: [        ].

SECTION 2.05 Each party to this Agreement (other than the New Representative[s] and the New Collateral Agent) confirms the acceptance of the New Representative[s] and the New Collateral Agent as an Other Second-Priority Representative and an Other Second-Priority Collateral Agent, respectively, for purposes of the Intercreditor Agreement.

SECTION 2.06 [        ] [is][/are] acting in the capacities of Other Second-Priority Representative[s] and [        ] is acting in its capacity as Other Second-Priority Collateral Agent solely for the [Secured Parties] under [        ].

ARTICLE III

Miscellaneous

SECTION 3.01 This Agreement shall be governed by, and construed in accordance with, the law of the State of New York.

SECTION 3.02 This Agreement may be executed in one or more counterparts, including by means of facsimile or pdf, each of which shall be an original and all of which shall together constitute one and the same document. Delivery of an executed signature page to this Agreement by facsimile or pdf shall be as effective as delivery of a manually signed counterpart of this Agreement.


* * * CONFIDENTIAL * * *

 

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.

 

[                    ],

as an Other Second-Priority Representative[and as an Other Second-Priority Collateral Agent]
By:

 

Name:
Title:
JPMORGAN CHASE BANK, N.A., as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent
By:

 

Name:
Title:
JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent
By:

 

Name:
Title:
WILMINGTON TRUST, NATIONAL ASSOCIATION, as Notes Collateral Agent and Second-Priority Collateral Agent
By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

[                    ],
as an Other First-Priority Representative
By:

 

Name:
Title:

[                    ],

as an Other Second-Priority Representative

By:

 

Name:
Title:

COTT CORPORATION

CORPORATION COTT

By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

EXHIBIT C

Joinder Agreement

JOINDER AGREEMENT

(New Grantor)

JOINDER AGREEMENT (this “Agreement”) dated as of [                    ], [                    ], among [                    ] (the “New Grantor”), as a Grantor, JPMORGAN CHASE BANK, N.A., as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent, JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent, WILMINGTON TRUST, NATIONAL ASSOCIATION, as collateral agent for the Notes Secured Parties (together with its successors and co-agents in substantially the same capacity as may from time to time be appointed) and as Notes Collateral Agent and Second-Priority Collateral Agent, each additional Other First-Priority Representative (other than the New Representative) and Other Second-Priority Representative party thereto, COTT CORPORATION CORPORATION COTT on behalf of itself and its Subsidiaries.

This Agreement is supplemental to that certain Amended and Restated Intercreditor Agreement, dated as of [                    ] (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), by and among the parties (other than the New Grantor) referred to above. This Agreement has been entered into to record the accession of the New Grantor as a Grantor under the Intercreditor Agreement.

ARTICLE I

Definitions

SECTION 1.01 Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Intercreditor Agreement.

ARTICLE II

Accession

SECTION 2.01 The New Grantor agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as a Grantor, with the same force and effect as if the New Grantor had originally been party to the Intercreditor Agreement as a Grantor. Each reference to a “Grantor” in the Intercreditor Agreement shall be deemed to include the New Grantor. The Intercreditor Agreement is hereby incorporated herein by reference.

SECTION 2.02 The New Grantor represents and warrants to the other First-Priority Representatives, Second-Priority Representatives and the other Secured Parties that (a) it has full power and authority to enter into this Agreement and (ii) this Agreement has been duly


* * * CONFIDENTIAL * * *

 

authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms hereof, except as may be limited by Bankruptcy Laws and by general principals of equity.

SECTION 2.03 The New Grantor confirms that their address details for notices pursuant to the Intercreditor Agreement is as follows: [        ].

ARTICLE III

Miscellaneous

SECTION 3.01 This Agreement shall be governed by, and construed in accordance with, the law of the State of New York.

SECTION 3.02 This Agreement may be executed in one or more counterparts, including by means of facsimile or pdf, each of which shall be an original and all of which shall together constitute one and the same document. Delivery of an executed signature page to this Agreement by facsimile or pdf shall be as effective as delivery of a manually signed counterpart of this Agreement.


* * * CONFIDENTIAL * * *

 

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.

 

[                    ],
as a New Grantor
By:

 

Name:
Title:
JPMORGAN CHASE BANK, N.A., as Credit Agreement Administrative Agent, a Credit Agreement Collateral Agent, and a First-Priority Collateral Agent
By:

 

Name:
Title:
JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as a Credit Agreement Collateral Agent and a First-Priority Collateral Agent
By:

 

Name:
Title:
WILMINGTON TRUST, NATIONAL ASSOCIATION, as Notes Collateral Agent and Second-Priority Collateral Agent
By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

[                    ],
as an Other First-Priority Representative
By:

 

Name:
Title:

[                    ],

as an Other Second-Priority Representative

By:

 

Name:
Title:

COTT CORPORATION

CORPORATION COTT

By:

 

Name:
Title:


* * * CONFIDENTIAL * * *

 

SCHEDULE I

Subsidiary Parties

Caroline LLC

Cott USA Finance LLC

Cott Holdings Inc.

Interim BCB, LLC

Cott U.S. Acquisition LLC

Cott Acquisition LLC

Star Real Property LLC

Cott Vending Inc.

Cott Investment, L.L.C.

Crystal Springs of Alabama Holdings, LLC

DSS Group, Inc.

Cott Retail Brands Limited

Cott UK Acquisition Limited

Cott Acquisition Limited

Cott Limited

Cott Europe Trading Limited

Cott Ventures UK Limited

Cott Ventures Limited

Cott Nelson (Holdings) Limited

Cott (Nelson) Limited

Cott Private Label Limited

Cott Developments Limited

Cooke Bros Holdings Limited

Cooke Bros. (Tattenhall). Limited

Mr Freeze (Europe) Limited

Calypso Soft Drinks Limited

TT Calco Limited

Aimia Foods Holdings Limited

Aimia Foods EBT Company Limited

Aimia Foods Group Limited

Aimia Foods Limited

Stockpack Limited

2011438 Ontario Limited

804340 Ontario Limited

967979 Ontario Limited

156775 Canada Inc.

Cott Luxembourg S.A R.L.