THIRD AMENDMENT TO
AMENDED AND RESTATED CREDIT AGREEMENT

This THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this "Amendment")
is entered into as of June 30, 2015, is by and among Wells Fargo Capital
Finance, LLC, a Delaware limited liability company, in its capacity as agent
pursuant to the Credit Agreement (as hereinafter defined) acting for and on
behalf of the parties thereto as lenders (in such capacity, "Agent"), the
lenders party hereto (individually, each a "Lender" and collectively,
"Lenders"), PolyOne Corporation, an Ohio corporation (the "Parent"), GLS
International, Inc., an Illinois corporation ("GLS"), NEU Specialty Engineered
Materials, LLC, an Ohio limited liability company ("NEU", and together with
Parent and GLS, each individually a "US Borrower" and collectively, "US
Borrowers"), PolyOne Canada Inc., a federally incorporated Canadian corporation
("PolyOne Canada" or "Canadian Borrower", and, together with US Borrowers, each
individually a "Borrower" and collectively, "Borrowers"), PolyOne LLC, a
Delaware limited liability company ("PO LLC"), Polymer Diagnostics, Inc., an
Ohio corporation ("Polymer"), Conexus, LLC, a Nevada limited liability company,
f/k/a Conexus, Inc., a Nevada corporation ("Conexus"), M.A. Hanna Asia Holding
Company, a Delaware corporation ("Hanna"), The ColorMatrix Corporation, an Ohio
corporation ("CMC"), ColorMatrix Holdings, Inc., a Delaware corporation ("CM
Holdings"), Chromatics, Inc., a Connecticut corporation ("Chromatics"),
ColorMatrix Group, Inc., a Delaware corporation ("CM Group"), ColorMatrix –
Brazil, LLC, an Ohio limited liability company ("CM Brazil"), Gayson Silicone
Dispersions, Inc., an Ohio corporation ("Gayson"), Glasforms, Inc., a California
corporation ("Glasforms"), PolyOne Designed Structures and Solutions LLC, a
Delaware limited liability ("PolyOne DSS"), Franklin-Burlington Plastics, Inc.,
a Delaware corporation ("Franklin"; and, together with each of PO LLC, Polymer,
Conexus, Hanna, CMC, CM Holdings, Chromatics, CM Group, CM Brazil, Gayson and
PolyOne DSS, each individually a "US Guarantor" and collectively, "US
Guarantors"), and PolyOne DSS Canada Inc., a federally incorporated Canadian
corporation ("DSS Canada, Inc." and "Canadian Guarantor"; and together with the
US Guarantors, each individually a "Guarantor" and collectively, "Guarantors").
WHEREAS, Borrowers, Guarantors, Agent and Lenders are parties to that certain
Amended and Restated Credit Agreement dated as of March 1, 2013 (as amended,
restated, modified or supplemented from time to time, the "Credit Agreement");
WHEREAS, subject to terms and conditions hereof, Agent, the Lenders party
hereto, Borrowers and Guarantors desire to amend the Credit Agreement as more
fully described below;
NOW, THEREFORE, for and in consideration of the foregoing and the mutual
agreements and covenants contained herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:
1.Defined Terms. For purposes of this Amendment, all terms used herein and not
otherwise defined herein, including but not limited to, those terms used in the
recitals hereto, shall have the respective meanings assigned thereto in the
Credit Agreement.

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2.    Amendments. In reliance upon the representations and warranties of the
Loan Parties set forth in Section 4 below and subject to the conditions to
effectiveness set forth in Section 5 below, the Loan Agreement is hereby amended
as follows:
(a)    Section 2.3(e) of the Credit Agreement is hereby amended by (i)
renumbering subclauses (iv) and (v) thereof as clauses (v) and (vi) thereof,
respectively, and (ii) adding the following new clause (iv) in appropriate
numeric order:
(iv)     Proceeds of Life Insurance Policies. Within one (1) Business Day of the
date of receipt by any Loan Party, any of its Subsidiaries, or Agent of any
proceeds of any Eligible Life Insurance Policy, whether such proceeds are
received as a result of the death of a Person covered thereby, the surrender and
termination of such policy, a policy loan taken out under such policy, or
otherwise, 100% of such proceeds shall be used first to prepay the outstanding
principal amount of the Obligations and second, subject to the terms of any
applicable Life Insurance Assignment, any additional proceeds shall be returned
to the Borrowers. The provisions of this Section 2.3(e)(iv) shall not be deemed
to constitute consent to any action otherwise prohibited by the terms and
conditions of this Agreement.
(b)    Section 4.18 of the Credit Agreement is hereby amended and restated in
its entirety as follows:
4.18    Patriot Act; Anti-Corruption Laws. To the extent applicable, each Loan
Party is in compliance, in all material respects, with the (a) Trading with the
Enemy Act, as amended, and each of the foreign assets control regulations of the
United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended)
and any other enabling legislation or executive order relating thereto,
(b) Uniting and Strengthening America by Providing Appropriate Tools Required to
Intercept and Obstruct Terrorism (USA Patriot Act of 2001) (the "Patriot Act");
and (c) the Proceeds of Crime Money Laundering and Terrorist Finance Act
(Canada) and the regulations promulgated thereunder. No part of the proceeds of
the loans made hereunder will be used by any Loan Party or any of their
Affiliates, directly or indirectly, (i) for any payments to any governmental
official or employee, political party, official of a political party, candidate
for political office, or anyone else acting in an official capacity, in order to
obtain, retain or direct business or obtain any improper advantage, in violation
of the FCPA, or (ii) in any other manner that would cause a violation in any
material respect of any applicable anti-bribery laws. No Loan Party nor any of
its Subsidiaries, nor to the knowledge of any Loan Party, any director or
officer, or any employee, agent or Affiliate of, any Loan Party or any of its
Subsidiaries, has taken any action, directly or indirectly, that would result in
a violation in any material respect by such persons of any applicable
anti-bribery law. Furthermore, each Loan Party and, to the knowledge of each
Loan Party, its Affiliates have conducted their businesses in compliance in all
material respects with the UK Bribery Act, the FCPA and similar laws, rules or
regulations, in each case, to the extent applicable to the Loan Parties and, in
their reasonable business judgment, have instituted and maintain policies and
procedures designed to ensure continued compliance therewith.

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(c)    Section 4.23 of the Credit Agreement is hereby amended and restated in
its entirety as follows:
4.23    OFAC. No Loan Party nor any of its Subsidiaries is in violation of any
Sanctions applicable to the Loan Parties. No Loan Party nor any of its
Subsidiaries, nor to the knowledge of any Loan Party, any director or officer,
or any employee, agent or Affiliate of, any Loan Party or any of its
Subsidiaries (a) is a Sanctioned Person or a Sanctioned Entity, (b) has its
assets located in Sanctioned Entities, (c) derives revenues from investments in,
or transactions with Sanctioned Persons or Sanctioned Entities, or (d) is
located, organized or a resident of a country or territory that is, or whose
government is, the subject of Sanctions. No proceeds of any Revolving Loan
(including any Swing Loan, Protective Advance or Overadvance) or any Letter of
Credit will be used by a Loan Party (i) to fund any operations in, finance any
investments or activities in, or make any payments to, a Sanctioned Person or a
Sanctioned Entity, or (ii) in any other manner that would result in a violation
of Sanctions by any Person (including without limitation any Person
participating in Revolving Loans or Letters of Credit).
(d)    Section 5.6 of the Credit Agreement is hereby amended by (i) adding a new
sub-clause (a), together with a header entitled "Property, Business Interruption
and Liability Insurance.", immediately before the first paragraph thereof, and
(ii) adding a new sub-clause (b) immediately after sub-clause (a) as follows:
(b)    Life Insurance. At Borrowers' expense, maintain each Life Insurance
Policy. If any Borrower fails to maintain any such insurance, to the extent any
such insurance has not been paid for in full, Agent may pay the premiums thereon
or otherwise arrange for such insurance, but at such Borrower's expense and
without any responsibility on Agent's part for obtaining the insurance, the
solvency of the insurance companies, the adequacy of the coverage, or the
collection of claims. Notwithstanding anything in any Life Insurance Assignment
to the contrary, Borrowers agree that any such payments made by Agent at
Borrowers' expense shall constitute Obligations chargeable to the Loan Account
hereunder and bear interest at a per annum rate equal to the Base Rate plus the
Applicable Margin for Base Rate Loans. Borrowers shall give Agent prompt notice
of the death of any Person covered by any Life Insurance Policy. Agent shall
have the sole right to file claims under any Life Insurance Policy, to collect
the net proceeds of any such policy, to surrender any such policy, to obtain
policy loans thereon from the insurer, to receive, receipt and give acquittance
for any payments that may be payable thereunder (including without limitation,
the right to collect and receive all distributions or shares of surplus,
dividend deposits or additions to such policy made or apportioned thereto, and
to exercise any and all options contained in such policy with respect thereto),
to exercise all nonforfeiture rights under such policy, and to execute any and
all endorsements, receipts, releases, assignments, reassignments or other
documents that may be necessary to effect the collection, compromise or
settlement of any claims under any such insurance policy. Borrowers shall take
all action requested by Agent and necessary to cause each Life Insurance Policy
to be at all times subject to an effective Life Insurance Assignment.

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(e)    Article 6 of the Credit Agreement is hereby amended to add the following
new Section 6.16 in appropriate numeric order:
6.16    Eligible Life Insurance Policies.
(a)    Create, incur, assume, suffer to exist, guarantee, or otherwise become or
remain, directly or indirectly, liable for any Indebtedness or any other
advances made against any Life Insurance Policy (except as permitted under
clause (a) of the definition of Permitted Indebtedness),
(b)    without at least thirty (30) days' prior written notice to Agent (or such
shorter period as agreed to by Agent in writing) and provided that no Default or
Event of Default under Section 8.1, Section 8.6 or Section 8.7 has occurred and
is continuing or would be caused thereby, directly or indirectly, amend, modify,
or change (or permit the amendment, modification or other change in any manner
of) any of the terms or provisions of any Life Insurance Policy, or
(c)    without at least thirty (30) days' prior written notice to Agent (or such
shorter period as agreed to by Agent in writing) and provided that no Default or
Event of Default under Section 8.1, Section 8.6 or Section 8.7 has occurred and
is continuing or would be caused thereby, directly or indirectly, elect or cause
to be elected, any mode of optional settlement under any Life Insurance Policy,
terminate or cancel, or cause to be terminated or cancelled, any Life Insurance
Policy, or surrender or cause to be surrendered, any Life Insurance Policy, or
(d)    without at least thirty (30) days' prior written notice to Agent (or such
shorter period as agreed to by Agent in writing) and provided that (i) no
Default or Event of Default under Section 8.1, Section 8.6 or Section 8.7 has
occurred and is continuing or would be caused thereby, and (ii) Borrowers have
prepaid to Agent outstanding Obligations such that no Overadvance shall exist at
the time of such release, request that any key person life insurance policy
shall no longer constitute a "Life Insurance Policy" hereunder or under any
other Loan Document and that the Agent release or terminate any Life Insurance
Assignment executed in connection therewith.
(f)    Article 15 of the Credit Agreement is hereby amended to add the following
new Section 15.21 in appropriate numeric order:
15.21    Release of Life Insurance Policies.
So long as the Loan Parties are in compliance with Section 6.16(d), the Lenders
hereby irrevocably authorize (and by entering into a Bank Product Agreement,
each Bank Product Provider shall be deemed to authorize) Agent to release any
Lien on any Life Insurance Policy upon at least thirty (30) days (or such
shorter period as agreed to by Agent in writing) written notice from Parent that
any key person life insurance policy shall not constitute a “Life Insurance
Policy” hereunder or under any other Loan Document and in connection therewith,
Agent shall release or terminate any Life Insurance Assignment executed in
connection

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with such Life Insurance Policy and take such further actions as reasonably
requested by Parent, at the Borrowers’ sole cost and expense.
(g)    The definition of the term "Permitted Indebtedness" contained in Schedule
1.1 to the Credit Agreement is hereby amended by amending and restating clause
(j) thereof in its entirety as follows:
(j)    Indebtedness consisting of insurance premium financing in the ordinary
course of business, except with respect to any Life Insurance Policy,
(h)    The definition of the term "Sanctioned Entity" contained in Schedule 1.1
to the Credit Agreement is hereby amended and restated in its entirety as
follows:
"Sanctioned Entity" means (a) a country or a government of a country, (b) an
agency of the government of a country, (c) an organization directly or
indirectly controlled by a country or its government, or (d) a Person resident
in or determined to be resident in a country, in each case, that is subject to a
country sanctions program administered and enforced by the United States
government, including without limitation OFAC and the U.S. Department of State,
the Canadian government, the United National Security Council, the European
Union or the Hong Kong Monetary Authority.
(i)    The definition of the term "Sanctioned Person" contained in Schedule 1.1
to the Credit Agreement is hereby amended and restated in its entirety as
follows:
"Sanctioned Person" means any person named on the list of Specially Designated
Nationals maintained by OFAC or any analogous list maintained by the U.S.
Department of State, the Canadian government, the United National Security
Council, the European Union or the Hong Kong Monetary Authority.
(j)    The definition of the term "US Borrowing Base" contained in Schedule 1.1
to the Credit Agreement is hereby amended and restated in its entirety as
follows:
"US Borrowing Base" means, at any time, the amount equal to
(a)eighty-five percent (85%) of the amount of Eligible Accounts of each US Loan
Party, plus
(b)the least of (A) seventy percent (70%) multiplied by the Value of Eligible
Inventory of each US Loan Party, (B) eighty-five percent (85%) of the Net
Recovery Percentage multiplied by the Value of such Eligible Inventory or
(C) sixty percent (60%) of the US Maximum Credit, plus
(c)during the Acquired Business Availability Period, the lesser of (A) the sum
of (i) sixty percent (60%) of the amount of Eligible Acquired Business Accounts
of the applicable US Loan Party, plus (ii) fifty percent (50%) of the Net
Recovery Percentage (determined pursuant to the most recent acceptable appraisal
received by Agent in accordance with the requirements of the Agreement as to the
pre-existing Inventory of US Loan Parties) of the applicable US Loan Party
multiplied by the

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Value of Eligible Acquired Business Inventory or (B) ten percent (10%) of the
lesser of (i) the Maximum Credit or (ii) the Borrowing Base, plus
(d)the lesser of (i) $50,000,000 and (ii) ninety percent (90%) of the CSV of
Eligible Life Insurance Policies, minus
(e)the aggregate amount of reserves applicable to US Loan Parties, if any,
established by Agent under Sections 2.1(e) and (f) of the Agreement.
(k)    The definition of the term "Loan Documents" contained in Schedule 1.1 to
the Credit Agreement is hereby amended and restated in its entirety as follows:
"Loan Documents" means the Agreement, any US Borrowing Base Certificate, any
Canadian Borrowing Base Certificate, the Controlled Account Agreements, the
Control Agreements, any Copyright Security Agreement, the Fee Letter, the
Guaranty, any Intercompany Subordination Agreement, the Letters of Credit, any
Mortgages, any Additional Documents, any Additional Second Lien Documents, any
Patent Security Agreement, the Security Agreement, any Trademark Security
Agreement, the Life Insurance Assignments, any perfection certificate, any note
or notes executed by any Borrower in connection with the Agreement and payable
to any member of the Lender Group, any Canadian Security Document, any letter of
credit application entered into by any Borrower in connection with the
Agreement, and any other agreement entered into, now or in the future, by Parent
or any of its Subsidiaries in connection with the Agreement.
(l)    Schedule 1.1 to the Credit Agreement is hereby amended to add the
following defined terms in appropriate alphabetical order:
"Approved Form" with respect to any Life Insurance Policy, means that the form
and substance of such Life Insurance Policy is (a) a 65 Whole Life Policy the
same in all material respects as the sample 65 Whole Life Policy attached as an
exhibit to the most recent Northwestern Mutual Side Letter that has been
approved by Agent, (b) a 90 Whole Life Policy the same in all material respects
as the sample 90 Whole Life Policy attached as an exhibit to the most recent
Northwestern Mutual Side Letter that has been approved by Agent, (c) a Whole
Life with Extra Life Protection Policy the same in all material respects as the
sample Whole Life with Extra Life Protection Policy attached as an exhibit to
the most recent Northwestern Mutual Side Letter that has been approved by Agent,
(d) a Whole Life with Adjustable Term Protection Policy the same in all material
respects as the sample Whole Life with Adjustable Term Protection Policy
attached as an exhibit to the most recent Northwestern Mutual Side Letter that
has been approved by Agent, or (e) another form of policy that has been approved
by Agent and is attached as an exhibit to the most recent Northwestern Mutual
Side Letter.
"CSV" means, on each date of determination, the amount, as determined for each
Eligible Life Insurance Policy, equal to the cash surrender value of such
Eligible Life Insurance Policy.

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"Eligible Life Insurance Policies" means Life Insurance Policies that are not
excluded from being Eligible Life Insurance Policies as a result of the failure
to satisfy any of the criteria set forth below. Eligible Life Insurance Policies
shall not include any Life Insurance Policy:
(a)    which is not in full force and effect with all premiums due having been
paid in full;
(b)    which is not owned by a US Loan Party;
(c)    the beneficiary of which is not a US Loan Party;
(d)    which covers the life of any Person other than an officer or employee of
a US Loan Party;
(e)    which is not in an Approved Form;
(f)    which has not been collaterally assigned by the applicable US Loan Party
to Agent to secure repayment of the Obligations pursuant to a Life Insurance
Assignment in form and substance reasonably satisfactory to Agent, and which has
been executed by the issuing life insurance company (or for which evidence of
recordation with the issuing life insurance company has been provided in form
and substance satisfactory to Agent);
(g)    which is subject to a currently effective assignment by any US Loan Party
to any other Person;
(h)    which is not referenced in a currently effective Northwestern Mutual Side
Letter;
(i)    the existence and cash surrender value of which have not been certified
in the most recent US Borrowing Base Certificate; or
(j)    which has any policy loans or advances outstanding against such Life
Insurance Policy.
The criteria for Eligible Life Insurance Policies set forth above may only be
changed and any new criteria for Eligible Life Insurance Policies may only be
established by Agent based on either (i) an event, condition or other
circumstance arising after the Third Amendment Effective Date, or (ii) an event,
condition or other circumstance existing on the Third Amendment Effective Date
to the extent that such event, condition or circumstance has not been identified
by a Borrower to Agent prior to the Third Amendment Effective Date (except to
the extent that it may have been identified but Agent, in consultation with
Borrowers, has intentionally elected not to establish a reserve with respect
thereto as of the Third Amendment Effective Date), in either case under clause
(i) or (ii) which adversely affects or could reasonably be expected to adversely
affect the cash surrender value or loanable or otherwise realizable value of the
Life Insurance Policies, as determined by Agent in its Permitted Discretion. Any
Life Insurance Policy that is not an Eligible Life

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Insurance Policy shall nevertheless be part of the Collateral. For avoidance of
doubt, any Life Insurance Policy determined ineligible under more than one
clause above shall be calculated without duplication.
"FCPA" means the United States Foreign Corrupt Practices Act of 1977, as
amended.
"Life Insurance Assignments" means, collectively, (a) that certain Assignment of
Life Insurance Policy as Collateral dated as of June 22, 2015 by Parent in favor
of Agent with respect to the Eligible Life Insurance Policies in effect as of
the Third Amendment Effective Date, and (b) any other agreements, instruments
and documents reasonably acceptable to Agent pursuant to which Agent has been
granted a Lien on the rights of a US Loan Party under any Eligible Life
Insurance Policy.
"Life Insurance Policies" means, collectively, each key person life insurance
policy that Parent has elected to subject to a Life Insurance Assignment and
that is listed on Schedule E-2 (as the such Schedule E-2 may be updated from
time to time by Parent) and issued by The Northwestern Mutual Life Insurance
Company; provided, however, that any key person life insurance policy that has
been released pursuant to Section 15.21 shall not constitute a Life Insurance
Policy hereunder.
"Northwestern Mutual Side Letter" means that certain letter from The
Northwestern Mutual Life Insurance Company to Agent dated as of April 28, 2015
regarding certain information with respect to the Life Insurance Policies, and
any renewals, replacements or updates thereof, in each case in form and
substance reasonably acceptable to Agent.
"Sanctions" means any economic or trade sanctions (including without limitation
any country or list based sanctions) imposed, administered or enforced from time
to time by the United States government, including without limitation OFAC and
the U.S. Department of State, the Canadian government, the United National
Security Council, the European Union or the Hong Kong Monetary Authority.
"Third Amendment Effective Date" means June 30, 2015.
"UK Bribery Act" means the United Kingdom Bribery Act 2010, as amended.
(m)    Exhibit B-1 to the Credit Agreement is hereby amended and restated in its
entirety as set forth on Exhibit B-1 attached hereto.
(n)    A new Schedule E-2 is hereby added to the Credit Agreement in appropriate
alphabetical and numeric order as set forth on Schedule E-2 attached hereto.
(o)    Schedule A-3 to the Credit Agreement is hereby amended and restated in
its entirety as set forth on Schedule A-3 attached hereto

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(p)    Schedule 5.2 to the Credit Agreement is hereby amended and restated in
its entirety as set forth on Schedule 5.2 attached hereto.
3.    Reaffirmation and Confirmation. Each Loan Party party hereto hereby (i)
ratifies, affirms, acknowledges and agrees that the Credit Agreement and the
other Loan Documents represent the valid, enforceable (except as enforceability
may be limited by bankruptcy, insolvency or similar laws affecting the
enforcement of creditors' rights generally) and collectible obligations of such
Loan Party, (ii) reaffirms its obligations under each Loan Document to which it
is a party, including, without limitation, any grant of security interest
contained therein, in each case as amended, supplemented or modified prior to or
as of the date hereof, and (iii) acknowledges and agrees that there are no
existing claims, defenses, personal or otherwise, or rights of setoff whatsoever
with respect to the Credit Agreement or any other Loan Document. Each Loan Party
hereby agrees that this Amendment in no way acts as a release or relinquishment
of the Liens and rights securing payments of the Obligations. The Liens and
rights securing payment of the Obligations are hereby ratified and confirmed by
each Loan Party in all respects.
4.    Representations and Warranties. In order to induce Agent and Supermajority
Lenders to enter into this Amendment, each Loan Party represents and warrants
with and to Agent and Lenders as follows, which representations and warranties
shall survive the execution and delivery hereof:
(a)    all representations and warranties contained in the Loan Documents to
which such Loan Party is a party are true and correct in all material respects
(except that such materiality qualifier shall not be applicable to any
representations and warranties that already are qualified or modified by
materiality of dollar thresholds in the text thereof) on and as of the date of
this Amendment (except to the extent any representation or warranty expressly
related to an earlier date in which case such representations and warranties
shall be true and correct in all material respects (except that such materiality
qualifier shall not be applicable to any representations and warranties that
already are qualified or modified by materiality or dollar thresholds in the
text thereof) on and as of such earlier date);
(b)    no Default or Event of Default has occurred and is continuing; and
(c)    this Amendment and the Loan Documents, as amended hereby, constitute
legal, valid and binding obligations of such Loan Party and are enforceable
against such Loan Party in accordance with their respective terms, except as
enforcement may be limited by equitable principles or by bankruptcy, insolvency,
reorganization, moratorium or similar laws relating to or limiting creditors'
rights generally.
5.    Conditions to Effectiveness. This Amendment shall become effective upon
the satisfaction of the following conditions precedent:
(a)    Agent shall have received a copy of this Amendment executed by Agent,
Supermajority Lenders and the Loan Parties, together with each other agreement,
instrument and document identified on the Closing Checklist attached hereto as
Exhibit A, in each case executed by the Loan Parties and other Persons party
thereto (as applicable) and each in form and substance reasonably satisfactory
to Agent; and

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(b)    Borrowers shall have paid (or concurrently with the effectiveness of the
Amendment shall pay) all Lender Group Expenses incurred in connection with the
transactions evidenced by this Amendment for which Borrowers have received an
invoice prior to the date hereof.
6.    Miscellaneous.
(a)    Expenses. Borrowers agree to pay on demand all reasonable costs and
expenses of Agent and the Lenders (including reasonable attorneys' fees)
incurred in connection with the preparation, negotiation, execution, delivery
and administration of this Amendment and all other instruments or documents
provided for herein or delivered or to be delivered hereunder or in connection
herewith. All obligations provided herein shall survive any termination of this
Amendment and the Credit Agreement as amended hereby.
(b)    Choice of Law and Venue; Jury Trial Waiver; Reference Provision. Without
limiting the applicability of any other provision of the Credit Agreement or any
other Loan Document, the terms and provisions set forth in Section 12 of the
Credit Agreement are expressly incorporated herein by reference.
(c)    Counterparts. This Amendment may be executed in any number of
counterparts, and by the parties hereto on the same or separate counterparts,
and each such counterpart, when executed and delivered, shall be deemed to be an
original, but all such counterparts shall together constitute but one and the
same Amendment. This Amendment to the extent signed and delivered by means of a
facsimile machine or other electronic transmission (including "pdf"), shall be
treated in all manner and respects and for all purposes as an original Amendment
and shall be considered to have the same binding legal effect as if it were the
original signed version thereof delivered in person. No party hereto shall raise
the use of a facsimile machine or other electronic transmission to deliver a
signature or the fact that any signature or this Amendment was transmitted or
communicated through the use of a facsimile machine or other electronic
transmission as a defense to the formation or enforceability of a contract and
each such party forever waives any such defense. Receipt by telecopy or
electronic mail of any executed signature page to this Amendment shall
constitute effective delivery of such signature page.
7.    Release.
(a)    Release. In consideration of the agreements of Agent and Lenders
contained herein and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, each Borrower and each other Loan
Party, on behalf of itself and its successors, assigns, and other legal
representatives, hereby absolutely, unconditionally and irrevocably releases,
remises and forever discharges Agent and Lenders, and their successors and
assigns, and their present and former shareholders, affiliates, subsidiaries,
divisions, predecessors, directors, officers, attorneys, employees, agents and
other representatives (Agent, each Lender and all such other Persons being
hereinafter referred to collectively as the "Releasees" and individually as a
"Releasee"), of and from all demands, actions, causes of action, suits,
controversies, damages and any and all other claims, counterclaims, defenses,
rights of set‑off, demands and liabilities whatsoever (individually, a "Claim"
and collectively, "Claims") of every name and nature, known or unknown,
suspected or unsuspected, both at law and in equity, which such Borrower or such
Loan Party or any of its successors, assigns, or other legal representatives may
now or hereafter own, hold, have or claim to have against the Releasees or any
of them for, upon, or by reason of

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any circumstance, action, cause or thing whatsoever which arises at any time on
or prior to the day and date of this Amendment for or on account of, or in
relation to, or in any way in connection with any of the Credit Agreement, or
any of the other Loan Documents or transactions thereunder or related thereto.
(b)    Complete Defense. Each Borrower and each other Loan Party understands,
acknowledges and agrees that the release set forth above may be pleaded as a
full and complete defense and may be used as a basis for an injunction against
any action, suit or other proceeding which may be instituted, prosecuted or
attempted in breach of the provisions of such release.
(c)    Release Unconditional. Each Borrower and each other Loan Party agrees
that no fact, event, circumstance, evidence or transaction which could now be
asserted or which may hereafter be discovered shall affect in any manner the
final, absolute and unconditional nature of the release set forth above.
[Signature Pages Follow]

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective officers thereunto duly authorized and delivered as of the
date first above written.
U.S. BORROWERS:
 
POLYONE CORPORATION
 
/s/ Scott J. Leffler
Name: Scott J. Leffler
Title: Vice President and Treasurer
 
GLS INTERNATIONAL
 
/s/ Robert K. James
Name: Robert K. James
Title: Secretary
 
NEU SPECIALTY ENGINEERED
MATERIALS, LLC
 
/s/ Robert K. James
Name: Robert K. James
Title: Assistant Secretary
 
CANADIAN BORROWER:
 
POLYONE CANADA INC.
 
/s/ Robert K. James
Name: Robert K. James
Title: Secretary
 

Signature Page to Third Amendment to Amended and Restated Credit Agreement

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GUARANTORS:
 
M.A. HANNA ASIA HOLDING COMPANY
 
/s/ Robert K. James
Name: Robert K. James
Title: Secretary
 
POLYONE LLC
 
/s/ Robert K. James
Name: Robert K. James
Title: Manager

CONEXUS, INC.
POLYMER DIAGNOSTICS, INC.
COLORMATRIX GROUP, INC.
COLORMATRIX HOLDINGS, INC.
THE COLORMATRIX CORPORATION
CHROMATICS, INC.
GAYSON SILICONE DISPERSIONS, INC
 
/s/ Robert K. James
Name: Robert K. James
Title: Secretary

COLORMATRIX - BRAZIL, LLC
 
 
By
The ColorMatrix Corporation, its sole member
 
 
 
/s/ Robert K. James
 
Name: Robert K. James
 
Title: Secretary

GLASFORMS, INC.
 
/s/ Robert K. James
Name: Robert K. James
Title: Secretary

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

POLYONE DESIGNED STRUCTURES AND SOLUTIONS LLC
 
/s/ Robert K. James
Name: Robert K. James
Title: Secretary

FRANKLIN-BURLINGTON PLASTICS, INC.
 
/s/ Robert K. James
Name: Robert K. James
Title: Secretary

POLYONE DSS CANADA INC.
 
/s/ Robert K. James
Name: Robert K. James
Title: Secretary

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

WELLS FARGO CAPITAL FINANCE, LLC, as Agent and a Lender
 
/s/ Melissa Provost
Name: Melissa Provost
Title: Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

WELLS FARGO CAPITAL FINANCE CORPORATION CANADA, as a Lender
 
/s/ Trevor Tysick
Name: Trevor Tysick
Title: Assistant Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

BANK OF AMERICA, N.A., as a Lender
 
/s/ Charles Fairchild
Name: Charles Fairchild
Title: Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

BANK OF AMERICA, N.A., CANADA BRANCH, as a Lender
 
/s/ Sylwia Durkiewicz
Name: Sylwia Durkiewicz
Title: Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

U.S. BANK NATIONAL ASSOCIATION, as a Lender
 
/s/ David Lawrence
Name: David Lawrence
Title: Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

U.S. BANK NATIONAL ASSOCIATION, CANADA BRANCH, as a Lender
 
/s/ John P. Rehob
Name: John P. Rehob
Title: Vice President & Principal Officer

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

CITIBANK, N.A., as a Lender

 
/s/ Matthew Paquin
Name: Matthew Paquin
Title: Vice President and Director

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

HSBC BANK USA, N.A., as a Lender

 
/s/ Frank M. Eassa
Name: Frank M. Eassa
Title: Senior Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

KEYBANK NATIONAL ASSOCIATION, as a Lender
 
/s/ Paul H. Steiger
Name: Paul H. Steiger
Title: Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

PNC BANK, NATIONAL ASSOCIATION, as a Lender
 
/s/ Carrie Light
Name: Carrie Light
Title: Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

PNC BANK CANADA BRANCH, as a Lender

 
/s/ James Bruce
Name: James Bruce
Title: Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

THE HUNTINGTON BANK, as a Lender
 
/s/ Dennis Hatvany
Name: Dennis Hatvany
Title: Senior Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

CITIZENS BUSINESSCAPITAL, a Division of CITIZENS ASSET FINANCE. INC., a wholly
owned Subsidiary of CITIZENS BANKS, N.A., a National Banking Association, fka
RBS CITIZENS. NATIONAL ASSOCIATION, successor by merger to CHARTER ONE BANK, NA
 
/s/ James G. Zamborsky
Name: James G. Zamborsky
Title: Vice President

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

Exhibit A

Closing Checklist

[attach]

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

CLOSING checklist
Third Amendment to Amended and Restated Revolving Loan Facility by
Wells Fargo Capital Finance, LLC
as Administrative Agent
to
PolyOne Corporation, GLS International, Inc., NEU Specialty Engineered
Materials, LLC and PolyOne Canada Inc.
Closing Date: June 30, 2015
I.
Closing Documents:

A.
Loan and Security Documents:

1.
Third Amendment to Amended and Restated ABL Credit Agreement, together with
Schedules and Exhibits attached thereto

2.
Life Insurance deliveries:

(a)
Assignment of Life Insurance as Collateral

(b)
Side Letter from the Northwestern Mutual Life Insurance Company, together with
policy forms

B.
Corporate Due Diligence:

        3.     Omnibus Officer's Certificate for each Loan Party with respect
to:
Certified Certificate of Incorporation or Formation (as applicable)
Bylaws or Limited Liability Company Agreement (as applicable)
Resolutions
Incumbency of Officers

C.
Other Items:

4.     Sample life insurance policies
D.
Post-Closing:

5.    Evidence of recordation of item 2(a) with Northwestern Mutual Life
Insurance Company

6662049v7 6/30/2015 9:28 AM
 
1989.334

--------------------------------------------------------------------------------

Exhibit B-1 to the Credit Agreement

[attach]

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

[image0.jpg]
 
 
 
 
 
Summary Page Borrowing Base Certificate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Date
 
 
 
 
 
 
A/R As of:
 
 
 
 
 
 
Name
PolyOne Corporation
 
 
 
Inventory As of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The undersigned, PolyOne Corporation (“Borrower”), pursuant to that certain
Credit Agreement dated as of March 1, 2013 (as amended, restated, modified,
supplemented, refinanced, renewed, or extended from time to time, the “Credit
Agreement”), entered into among Borrower, the lenders signatory thereto from
time to time and Wells Fargo Capital Finance, LLC, a Delaware limited liability
company as the arranger and administrative agent (in such capacity, together
with its successors and assigns, if any, in such capacity, “Agent”), hereby
certifies to Agent that the following items, calculated in accordance with the
terms and definitions set forth in the Credit Agreement for such items are true
and correct, and that Borrower is in compliance with and, after giving effect to
any currently requested Advances, will be in compliance with, the terms,
conditions, and provisions of the Credit Agreement.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accounts Receivable
 
 
 
 
 
 
 
 
 
 
 
 US
 
 Canada
 
Consolidated
Accounts Receivable Balance per Aging Report Assigned To Wells Fargo Capital
Finance
 
—

 
—

 
—

 
Less Ineligibles (detailed on page 2)
 
 
 
 
—

 
—

 
—

Net Eligible Accounts Receivable
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accounts Receivable Availability before Sublimit(s)
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Available Accounts Receivable after Sublimit(s)
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Inventory
 
 
 
 
 
 
 
 
 
 
 
 US
 
 Canada
 
Consolidated
Inventory Balance Assigned To Wells Fargo Capital Finance
 
 
—

 
—

 
—

 
Less Ineligibles (detailed on page 3)
 
 
 
 
—

 
—

 
—

Eligible Inventory
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Inventory Availability before Sublimit(s)
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available Inventory after 50% of Maximum Credit Sublimit(s)
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash surrender value of key person life insurance policies
As of
 
 
 
 
 
 
 
Advance rate
 
 
 
 
 
 
90
%
 
 
 
 
CSVLI availability, limited to
50,000,000.00
 
 
 
 
—

 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Availability before Credit Line & Reserves
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reserves
 
 
 
 
 
 
 
 
 
 (PCIAC)

 
 (PCIBA)

 
 
 
Reserve for 2015 Debentures
 
 
 
 
 
 
 
 
—

 
Rent Reserve
 
 
 
 
 
 
 
 
—

 
3rd Party Warehouse Reserve
 
 
 
 
 
 
—

 
—

 
Reserve for Sunbelt Series G Notes Guarantee
 
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
 
—

Total Reserves
 
 
 
 
 
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Availability after Reserves
 
 
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Credit Line
 
 
 
 
400,000,000.00

 
400,000,000.00

 
400,000,000.00

 
 
 
 
 
 
 
 
Suppressed Availability
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Availability before Loan Balance
 
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Letter of Credit Balance
As of:
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan Ledger Balance
As of:
 
 
 
 
 
 
—

Cash in-transit
 
 
 
 
 
 
 
—

Adjusted Loan Balance
 
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Availability
 
 
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additionally, the undersigned hereby certifies and represents and warrants to
the Lender Group on behalf of Borrower that (i) as of the date hereof, each
representation or warranty contained in or pursuant to any Loan Document, any
agreement, instrument, certificate, document or other writing furnished at any
time under or in connection with any Loan Document, and as of the effective date
of any advance, continuation or conversion requested above is true and correct
in all material respects (except to the extent any representation or warranty
expressly related to an earlier date), (ii) each of the covenants and agreements
contained in any Loan Document have been performed (to the extent required to be
performed on or before the date hereof or each such effective date), (iii) no
Default or Event of Default has occurred and is continuing on the date hereof,
nor will any thereof occur after giving effect to the request above, and (iv)
all of the foregoing is true and correct as of the effective date of the
calculations set forth above and that such calculations have been made in
accordance with the requirements of the Credit Agreement.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
List of attachments with this Borrowing Base Certificate:
 
 
 
 
Authorized Signer
 
 
 
Page 2 - Accounts Receivable Availability Detail
 
 
 
 
 
 
 
 
 
 
 
 
Page 2a - Accounts Receivable Summary
 
 
 
 
 
 
 
 
Page 2b - Accounts Receivable Concentrations
 
 
 
 
 
 
 
 
Page 2c - Accounts Receivable Dilution
 
 
 
 
 
 
 
 
 
 
 
 
Page 3 - Inventory Availability Detail
 
 
 
 
 
 
 
 
 
 
 
 
Page 3a - Inventory Availability Detail
 
 
 
 
 
 
 
 
 
 
 
 
Page 3b - Inventory Availability Summary
 
 
 
 

--------------------------------------------------------------------------------

Accounts Receivable Availability Detail
 
 
 
 
 
 
 
 
Name:
PolyOne Corporation
 
 
 
 
 
 
 
 
Report based on Aging dated:
 
 
 
 
 
 
 
 
 
Loan ID #:
 
0
 
0
 
0
 
 
 
Division Name:
 
US PolyOne
 
Color Matrix
 
Canada PolyOne (USD)
 
Total
Aging Spreads:
 
 
 
 
 
 
 
 
 
Future
 
 
 
—

 
 
 
—

 
0 - 30 DOI
 
 
 
 
 
 
 
—

 
31 - 60 DOI
 
 
 
 
 
 
 
—

 
61 - 90 DOI
 
 
 
 
 
 
 
—

 
91 - 120 DOI
 
 
 
 
 
 
 
—

 
121+ DOI
 
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
 
A/R Aging Balance:
 
 
 
 
 
 
 
—

Ineligibles:
 
 
 
 
 
 
 
 
 
ERS
Past Due-> 121 DOI; > 61 DPD
 
 
 
 
 
 
 
—

ERS
Past Due Credits
 
 
 
 
 
 
 
—

ERS
CrossAge
 
 
 
 
 
 
 
—

ERS
Intercompany
 
 
 
 
 
 
 
—

ERS
Foreign
 
 
 
 
 
—

 
—

ERS
Government
 
 
 
—

 
—

 
—

ERS
COD
 
 
 
 
 
 
 
—

ERS
Debit Memo
 
 
 
—

 
—

 
—

ERS
Customer Deposits
 
 
 
—

 
—

 
—

ERS
Employee Sales
 
—

 
—

 
—

 
—

ERS
Progress Billing
 
—

 
—

 
—

 
—

ERS
Extended Terms
 
 
 
—

 
—

 
—

ERS
Finance Charges
 
—

 
—

 
—

 
—

ERS
Guaranteed
 
—

 
—

 
—

 
—

ERS
Coop Advertising
 
—

 
—

 
—

 
—

ERS
Samples
 
—

 
—

 
—

 
—

ERS
Consignment Sales
 
—

 
—

 
—

 
—

ERS
Bill & Hold
 
—

 
—

 
—

 
—

ERS
Bankrupt/Doubtful
 
—

 
—

 
—

 
—

ERS
Contra
 
 
 
 
 
 
 
—

ERS
Other1-Shortpays
 
 
 
 
 
—

 
—

ERS
Other2-Foreign (prior to insurance review)
 
 
 
 
 
 
 
—

Formula
Other3-Eligible foreign credit ins add-back
 
 
 
—

 
—

 
—

ERS
Other4-Whirlpool Mexico not billed in USD
 
—

 
—

 
—

 
—

ERS
Other5
 
—

 
—

 
—

 
—

Formula
Other6->30MM Foreign Sub of US Entities
 
—

 
—

 
—

 
—

ERS TB
Unbilled Sales/Credits (GL#120300)
 
 
 
 
 
 
 
—

ERS TB
Rebates (GL#120500, #2015, #120550)
 
 
 
—

 
 
 
—

Manual
Deferred Revenue (GL#460100 & GL#344450)
 
 
 
 
 
 
 
—

Manual
FOB Destination Ineligible
 
—

 
 
 
 
 
—

ERS TB
Unapplied Cash (GL#12120)
 
 
 
 
 
 
 
—

Manual
Whirlpool Foreign Cap exceeding $15MM
 
—

 
 
 
 
 
—

Manual
Manual7
 
 
 
 
 
 
 
—

Manual
Concentration Cap
 
 
 
 
 
 
 
—

ERS TB
PST/GST (GL#340150-#340210, GL#23101,23103,23105)-Reserve grossed up
 
 
 
 
 
 
 
—

Manual
Canadian WEPA-03/31/2015 366,000.00-Reserve grossed up
 
 
 
 
 
 
 
—

Manual
Wisconsin Wage Lien-Reserve grossed up
 
 
 
 
 
 
 
—

Manual
Dilution Ineligible (grossed up)
 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
Total Ineligible A/R:
 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
Eligible A/R
 
 
—

 
—

 
—

 
—

Advance Rate
 
85%
 
85%
 
85%
 
 
A/R Availability before Sublimit(s)
 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
Line Limit or Sublimit(s)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net A/R Availability
 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 

Page 2 - AR Detail

--------------------------------------------------------------------------------

Accounts Receivable Availability Summary
 
POST TO LUCAS
 
 
Name:
PolyOne Corporation
 
 
 
Report based on Aging dated:
 
 
 
 
 
 
 
Loan ID #:
 
PCIA0
 
PCIB1
 
 
 
Pool Name:
 
US PolyOne
(USD)
 
Canada PolyOne (USD)
 
Total
Aging Spreads:
 
 
 
 
 
 
 
Future
 
—

 
—

 
—

 
1 - 30 DOI
 
—

 
—

 
—

 
31 - 60 DOI
 
—

 
—

 
—

 
61 - 90 DOI
 
—

 
—

 
—

 
91 - 120 DOI
 
—

 
—

 
—

 
121+ DOI
 
—

 
—

 
—

 
 
 
 
 
 
 
 
A/R Aging Balance:
 
—

 
—

 
—

Ineligibles:
 
 
 
 
 
 
 
ERS
Past Due-> 121 DOI; > 61 DPD
 
—

 
—

 
—

ERS
Past Due Credits
 
—

 
—

 
—

ERS
CrossAge
 
—

 
—

 
—

ERS
Intercompany
 
—

 
—

 
—

ERS
Foreign
 
—

 
—

 
—

ERS
Government
 
—

 
—

 
—

ERS
COD
 
—

 
—

 
—

ERS
Debit Memo
 
—

 
—

 
—

ERS
Customer Deposits
 
—

 
—

 
—

ERS
Employee Sales
 
—

 
—

 
—

ERS
Progress Billing
 
—

 
—

 
—

ERS
Extended Terms
 
—

 
—

 
—

ERS
Finance Charges
 
—

 
—

 
—

ERS
Guaranteed
 
—

 
—

 
—

ERS
Coop Advertising
 
—

 
—

 
—

ERS
Samples
 
—

 
—

 
—

ERS
Consignment Sales
 
—

 
—

 
—

ERS
Bill & Hold
 
—

 
—

 
—

ERS
Bankrupt/Doubtful
 
—

 
—

 
—

ERS
Contra
 
—

 
—

 
—

ERS
Other1-Shortpays
 
—

 
—

 
—

ERS
Other2-Foreign (prior to insurance review)
 
—

 
—

 
—

ERS
Other3-Eligible foreign credit ins add-back
 
—

 
—

 
—

ERS
Other4-Whirlpool Mexico not billed in USD
 
—

 
—

 
—

ERS
Other5
 
—

 
—

 
—

ERS
Other6->30MM Foreign Sub of US Entities
 
—

 
—

 
—

Manual
Unbilled Sales/Credits (GL#120300)
 
—

 
—

 
—

Manual
Rebates (GL#120500, #2015, #120550)
 
—

 
—

 
—

Manual
Deferred Revenue (GL#460100 & GL#344450)
 
—

 
—

 
—

Manual
FOB Destination Ineligible
 
—

 
—

 
—

Manual
Unapplied Cash (GL#12120)
 
—

 
—

 
—

Manual
Whirlpool Foreign Cap exceeding $15MM
 
—

 
—

 
—

Manual
Manual7
 
—

 
—

 
—

Manual
Concentration Cap
 
—

 
—

 
—

Manual
PST/GST (GL#340150-#340210, GL#23101,23103,23105)-Reserve grossed up
 
—

 
—

 
—

Manual
Canadian WEPA-03/31/2015 366,000.00-Reserve grossed up
 
—

 
—

 
—

Manual
Wisconsin Wage Lien-Reserve grossed up
 
—

 
—

 
—

Manual
Dilution Ineligible (grossed up)
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Total Ineligible A/R:
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Eligible A/R
 
 
—

 
—

 
—

Advance Rate
 
85%
 
85%
 
 
A/R Availability before Sublimit(s)
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Line Limit or Sublimit(s)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net A/R Availability
 
—

 
—

 
—

 
 
 
 
 
 
 
 
FYI - Total Eligible Receivables to US Based Multinational Corporations with a
BBB- rating or better
 
 

Page 2a - AR Summary

--------------------------------------------------------------------------------

AR CONCENTRATIONS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PolyOne Corporation
 
 
As of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
 
 
 
 
 
 
 
 
 
Ineligibles
 
 
 
 
#
Customer Name Calc
% or $ Allowed of Eligible AR
% of Eligible
% of AR
Total
Future
0 - 30 DOI
31 - 60 DOI
61 - 90 DOI
91 - 120 DOI
121+ DOI
ERS
Adjustments
Total
Eligible A/R
Conc Cap
Conc IE
% of Balance
1
 
15%
#N/A
#N/A
 
—

 
 
 
 
 
 
 
—

—

—

—

 
2
 
10%
#N/A
#N/A
 
—

 
 
 
 
 
 
—

—

—

—

—

 
3
 
10%
#N/A
#N/A
 
—

 
 
 
 
 
 
 
—

—

—

—

 
4
 
10%
#N/A
#N/A
 
—

 
 
 
 
 
 
 
—

—

—

—

 
5
 
10%
#N/A
#N/A
 
—

 
 
 
 
 
 
 
—

—

—

—

 
6
 
10%
#N/A
#N/A
 
—

 
 
 
 
 
 
 
—

—

—

—

 
7
 
10%
#N/A
#N/A
 
—

 
 
 
 
 
 
 
—

—

—

—

 
8
 
10%
#N/A
#N/A
 
—

 
 
 
 
 
 
 
—

—

—

—

 
9
 
10%
#N/A
#N/A
 
—

 
 
 
 
 
 
 
—

—

—

—

 
10
 
10%
#N/A
#N/A
 
—

 
 
 
—

 
 
 
—

—

—

—

 
 
Total Analyzed
 
#N/A
#N/A
—

—

—

—

—

—

—

—

—

—

—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CONSOLIDATED TOTAL AR
 
#N/A
—

—

—

—

—

—

—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Remaining AR
 
 
#N/A
—

—

—

—

—

—

—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ineligible AR Prior to Concentration Ineligible
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Eligible AR Prior to Concentration Ineligible
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Concentration Caps or Limits per LSA:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Names (Customer_Name_Calc)
% or Dollar Cap
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
WHIRLPOOL
15%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
All Others
10%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
WHIRLPOOL FOREIGN CAP @ 15MM CALC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Filter:
customer_name_calc = 'WHIRLPOOL' and NOT match(country_calc,'USA','Canada')
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total AR
 
 
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Past Due
 
 
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Past Due Credits
 
 
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debit Memo
 
 
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contra
 
 
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other1
 
 
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other4- Not payable in USD
 
 
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Eligible Foreign Receivables
 
 
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Max Allowed
 
 
15,000,000.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ineligible
 
 
—
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Page 2b - AR Concentrations

--------------------------------------------------------------------------------

AR DILUTION
 
 
 
 
 
 
 
Per Field Exam
 
 
 
 
 
 
Dilution Calculation Detail:
 
US PolyOne
 
Color Matrix
 
Canada PolyOne (USD)
 
Allowed Dilution
 
5.0%
 
5.0%
 
5.0%
 
 
 
 
 
 
 
 
 
Current Dilution (per Field Exam - Consolidated)
0.0%
 
0.0%
 
0.0%
 
 
 
 
 
 
 
 
 
Dilution Reserve %
 
0.0%
 
0.0%
 
0.0%
 
 
 
 
 
 
 
 
Eligible Receivables
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Dilution Ineligible
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Dilution Ineligible (grossed up)
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Lookback period per LSA
 
12
 
12
 
12
 
 
 
 
 
 
 
 
Field exam cutoff date
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Page 2c - Dilution

--------------------------------------------------------------------------------

Inventory Availability Detail
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Name:
PolyOne Corporation
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Based on the Inventory Perpetual dated:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan ID #:
PCIA2
 
PCIA3
 
PCIA4
 
PCIA5
 
PCIA6
 
PCIA2
 
PCIA3
 
PCIA4
 
PCIA5
 
PCIA6
 
PCIAD
 
PCIAE
 
PCIAF
 
 
 
Inventory Category:
US - RM
 
US - WIP
 
US - FG
 
US - Stores
 
US - In-transit
 
Spartech - RM
 
Spartech - WIP
 
Spartech - FG
 
Spartech - Supplies
 
Spartech - In-transit
 
Color Matrix - RM
 
Color Matrix - WIP
 
Color Matrix - EQUIP & FG
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
ERS Perpetual Inventory Total:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

ERS
ERS Trial Balance Adjustments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

 
 
 
 
 
—

 
 
 
—

Manual
Manual Inventory Total:
 
 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Gross Inventory:
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Foreign
—

 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
—

 
—

 
—

 
—

 
—

ERS
Tolling
—

 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

 
—

 
 
 
—

ERS
Outside Processors/Offsite
 
 
 
 
 
 
 
 
 
 
—

 
 
 
—

 
 
 
 
 
 
 
—

 
 
 
—

ERS
Consigned/Vendor Owned
—

 
 
 
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
—

 
—

 
 
 
—

ERS
Packaging/Labels
 
 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

 
—

 
—

ERS
Offgrade, Scrap, Rework
—

 
 
 
 
 
 
 
 
 
—

 
 
 
—

 
 
 
 
 
—

 
—

 
 
 
—

ERS
Semi-Finished
—

 
 
 
 
 
 
 
 
 
—

 
 
 
—

 
 
 
 
 
—

 
—

 
 
 
—

ERS
R&D
 
 
 
 
 
 
 
 
 
 
—

 
 
 
—

 
 
 
 
 
—

 
—

 
 
 
—

ERS
Locations < $100M
 
 
 
 
 
 
 
 
 
 
—

 
 
 
—

 
 
 
 
 
—

 
—

 
—

 
—

ERS
Ineligible10
 
 
 
 
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
—

 
—

 
—

 
—

Manual
WIP
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

 
 
 
—

Manual
Stores/Supplies
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
—

ERS TB
Slow Moving (GL# 148530, 148510, 13994/95)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

ERS TB
Test Count Variances
 
 
 
 
 
 
 
 
 
 
—

 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
—

Manual
Regrind Reserve (GL#13991)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Dow branded inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Producer Services Reserve
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Addl Resin Cost Capitalization
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

ERS TB
LCM/Labor Overhead Reserve (GL#13992/99)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
CSC COGS for Accrued
 
 
 
 
 
 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Block for Unknowns
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Accrued Royalties GL 324020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Manual13
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Manual14
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Manual15
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Reserve grossed up as Ineligible
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
—

Manual
Appraisal Reserve (grossed up)
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Ineligible Inventory:
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Eligible Inventory
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
Advance Rate
70.00%
 
0.00%
 
70.00%
 
0.00%
 
70.00%
 
70.00%
 
0.00%
 
70.00%
 
0.00%
 
70.00%
 
70.00%
 
0.00%
 
70.00%
 
#DIV/0!
Availability before Sublimit
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sublimits
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Inventory Availability
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Appraisal Review
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US - RM
 
US - WIP
 
US - FG
 
US - Stores
 
US - In-transit
 
Spartech - RM
 
Spartech - WIP
 
Spartech - FG
 
Spartech - Supplies
 
Spartech - In-transit
 
Color Matrix - RM
 
Color Matrix - WIP
 
Color Matrix - EQUIP & FG
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Eligible Inventory per Appraisal
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
Appraised NOLV %
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
85%
% of NOLV
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Appraised Value
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 Appraisal Reserve
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 Appraisal Ineligible (grossed up)
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Page 3 - Inventory Detail

--------------------------------------------------------------------------------

Inventory Availability Detail
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Name:
PolyOne Corporation
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Based on the Inventory Perpetual dated:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan ID #:
PCIB4
 
PCIB5
 
PCIB6
 
PCIB7
 
PCIB4
 
PCIB5
 
PCIB6
 
PCIB7
 
 
 
Inventory Category:
PolyOne Canada - RM (USD)
 
PolyOne Canada - WIP (USD)
 
PolyOne Canada - FG (USD)
 
PolyOne Canada - In-transit (USD)
 
Spartech Canada - RM (USD)
 
Spartech Canada - WIP (USD)
 
Spartech Canada - FG (USD)
 
Spartech Canada - In-transit (USD)
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
ERS Perpetual Inventory Total:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
ERS Trial Balance Adjustments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Manual Inventory Total:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Gross Inventory:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Foreign
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Tolling
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Outside Processors/Offsite
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Consigned/Vendor Owned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Packaging/Labels
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Offgrade, Scrap, Rework
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Semi-Finished
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
R&D
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Locations < $100M
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Ineligible10
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
WIP
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Stores/Supplies
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS TB
Slow Moving (GL# 148530, 148510, 13994/95)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS TB
Test Count Variances
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Regrind Reserve (GL#13991)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Dow branded inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Producer Services Reserve
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Addl Resin Cost Capitalization
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
LCM/Labor Overhead Reserve (GL#13992/99)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
CSC COGS for Accrued
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Block for Unknowns
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Manual12
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Manual13
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Manual14
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Manual15
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Reserve grossed up as Ineligible
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Appraisal Reserve (grossed up)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Ineligible Inventory:
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Eligible Inventory
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—
 
Advance Rate
70.00%
 
0.00%
 
70.00%
 
70.00%
 
70.00%
 
0.00%
 
70.00%
 
70.00%
 
#DIV/0!
Availability before Sublimit
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sublimits
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Inventory Availability
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Appraisal Review
 
 
 
 
 
 
 
 
 
 
 
 
 
As of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PolyOne Canada - RM (USD)
 
PolyOne Canada - WIP (USD)
 
PolyOne Canada - FG (USD)
 
PolyOne Canada - In-transit (USD)
 
Spartech Canada - RM (USD)
 
Spartech Canada - WIP (USD)
 
Spartech Canada - FG (USD)
 
Spartech Canada - In-transit (USD)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Eligible Inventory per Appraisal
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
Appraised NOLV %
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
85%
% of NOLV
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Appraised Value
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 Appraisal Reserve
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 Appraisal Ineligible (grossed up)
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

3a - Inventory Detail (16-30)

--------------------------------------------------------------------------------

Inventory Availability Summary
 
 
 
 
 
 
Name:
PolyOne Corporation
 
 
 
 
 
 
 
 
 
 
 
 
 
Based on the Inventory Perpetual dated:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Inventory Category:
 
US
Total
 
Canada (USD)
Total
 
Consolidated (USD)
 
 
 
 
 
 
 
 
 
ERS Perpetual Inventory Total:
 
—

 
—

 
—

 
ERS Trial Balance Adjustments:
 
—

 
—

 
—

 
Manual Inventory Total:
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
Total Gross Inventory:
 
—

 
—

 
—

 
 
 
 
 
 
 
 
ERS
Foreign
 
—

 
—

 
—

ERS
Tolling
 
—

 
—

 
—

ERS
Outside Processors/Offsite
 
—

 
—

 
—

ERS
Consigned/Vendor Owned
 
—

 
—

 
—

ERS
Packaging/Labels
 
—

 
—

 
—

ERS
Offgrade, Scrap, Rework
 
—

 
—

 
—

ERS
Semi-Finished
 
—

 
—

 
—

ERS
R&D
 
—

 
—

 
—

ERS
Locations < $100M
 
—

 
—

 
—

ERS
Ineligible10
 
—

 
—

 
—

Manual
WIP
 
—

 
—

 
—

Manual
Stores/Supplies
 
—

 
—

 
—

ERS TB
Slow Moving (GL# 148530, 148510, 13994/95)
 
—

 
—

 
—

ERS TB
Test Count Variances
 
—

 
—

 
—

Manual
Regrind Reserve (GL#13991)
 
—

 
—

 
—

Manual
Dow branded inventory
 
—

 
—

 
—

Manual
Producer Services Reserve
 
—

 
—

 
—

Manual
Addl Resin Cost Capitalization
 
—

 
—

 
—

ERS TB
LCM/Labor Overhead Reserve (GL#13992/99)
 
—

 
—

 
—

Manual
CSC COGS for Accrued
 
—

 
—

 
—

Manual
Block for Unknowns
 
—

 
—

 
—

Manual
Accrued Royalties GL 324020
 
—

 
—

 
—

Manual
Manual13
 
—

 
—

 
—

Manual
Manual14
 
—

 
—

 
—

Manual
Manual15
 
—

 
—

 
—

Manual
Reserve grossed up as Ineligible
 
—

 
—

 
—

Manual
Appraisal Reserve (grossed up)
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Total Ineligible Inventory:
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Eligible Inventory
 
—

 
—

 
—

 
Advance Rate
 
70.00%
 
70.00%
 
#DIV/0!
Availability before Sublimit
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
Sublimits
 
240,000,000.00

 
30,000,000.00

 
240,000,000.00

 
 
 
 
 
 
 
 
Net Inventory Availability
 
—

 
—

 
—

3b - Inventory Summary

--------------------------------------------------------------------------------

Inventory Availability by Posting Pools
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Name:
PolyOne Corporation
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Based on the Inventory Perpetual dated:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan ID #:
PCIA2
 
PCIA3
 
PCIA4
 
PCIA5
 
PCIA6
 
PCIAD
 
PCIAE
 
PCIAF
 
PCIB4
 
PCIB5
 
PCIB6
 
PCIB7
 
 
 
Inventory Category:
US - RM
 
US - WIP
 
US - FG
 
US - Stores
 
US - In-transit
 
Color Matrix - RM
 
Color Matrix - WIP
 
Color Matrix - EQUIP & FG
 
PolyOne Canada - RM (USD)
 
PolyOne Canada - WIP (USD)
 
PolyOne Canada - FG (USD)
 
PolyOne Canada - In-transit (USD)
 
Consolidated (USD)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS Perpetual Inventory Total:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS Trial Balance Adjustments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual Inventory Total:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Gross Inventory:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Foreign
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Tolling
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Outside Processors/Offsite
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Consigned/Vendor Owned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Packaging/Labels
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Offgrade, Scrap, Rework
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Semi-Finished
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
R&D
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Locations < $100M
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Ineligible10
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
WIP
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Stores/Supplies
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS TB
Slow Moving (GL# 148530, 148510, 13994/95)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS TB
Test Count Variances
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Regrind Reserve (GL#13991)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Dow branded inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Producer Services Reserve
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Addl Resin Cost Capitalization
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ERS TB
LCM/Labor Overhead Reserve (GL#13992/99)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
CSC COGS for Accrued
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Block for Unknowns
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Accrued Royalties GL 324020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Manual13
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Manual14
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Manual15
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Reserve grossed up as Ineligible
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manual
Appraisal Reserve (grossed up)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Ineligible Inventory:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Eligible Inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Advance Rate
70.00%
 
0.00%
 
70.00%
 
0.00%
 
70.00%
 
70.00%
 
0.00%
 
70.00%
 
70.00%
 
0.00%
 
70.00%
 
70.00%
 
#DIV/0!
Availability before Sublimit
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sublimits
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Inventory Availability
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

3c - Inventory Pools

--------------------------------------------------------------------------------

In-Transit Inventory Availability Summary
 
 
 
 
 
 
Name:
PolyOne Corporation
 
 
 
 
 
 
 
 
 
 
 
 
Based on the Inventory Perpetual dated:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Inventory Category:
 
US
Total
 
Canada
Total
 
Consolidated
Total (USD)
 
 
 
 
 
 
 
 
 
ERS Perpetual Inventory Total:
 
—

 
—

 
—

 
ERS Trial Balance Adjustments:
 
—

 
—

 
—

 
Manual Inventory Total:
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
Total Gross Inventory:
 
—

 
—

 
—

 
 
 
 
 
 
 
 
ERS
Foreign
 
—

 
—

 
—

ERS
Tolling
 
—

 
—

 
—

ERS
Outside Processors/Offsite
 
—

 
—

 
—

ERS
Consigned/Vendor Owned
 
—

 
—

 
—

ERS
Packaging/Labels
 
—

 
—

 
—

ERS
Offgrade, Scrap, Rework
 
—

 
—

 
—

ERS
Semi-Finished
 
—

 
—

 
—

ERS
R&D
 
—

 
—

 
—

ERS
Locations < $100M
 
—

 
—

 
—

ERS
Ineligible10
 
—

 
—

 
—

Manual
WIP
 
—

 
—

 
—

Manual
Stores/Supplies
 
—

 
—

 
—

ERS TB
Slow Moving (GL# 148530, 148510, 13994/95)
 
—

 
—

 
—

ERS TB
Test Count Variances
 
—

 
—

 
—

Manual
Regrind Reserve (GL#13991)
 
—

 
—

 
—

Manual
Dow branded inventory
 
—

 
—

 
—

Manual
Producer Services Reserve
 
—

 
—

 
—

Manual
Addl Resin Cost Capitalization
 
—

 
—

 
—

ERS TB
LCM/Labor Overhead Reserve (GL#13992/99)
 
—

 
—

 
—

Manual
CSC COGS for Accrued
 
—

 
—

 
—

Manual
Block for Unknowns
 
—

 
—

 
—

Manual
Accrued Royalties GL 324020
 
—

 
—

 
—

Manual
Manual13
 
—

 
—

 
—

Manual
Manual14
 
—

 
—

 
—

Manual
Manual15
 
—

 
—

 
—

Manual
Reserve grossed up as Ineligible
 
—

 
—

 
—

Manual
Appraisal Reserve (grossed up)
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Total Ineligible Inventory:
 
—

 
—

 
—

 
 
 
 
 
 
 
 
Eligible Inventory
 
—

 
—

 
—

 
Advance Rate
 
70.00%
 
70.00%
 
70.00%
Availability before Sublimit
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
Sublimits
 
 
 
 
 
15,000,000.00

 
 
 
 
 
 
 
 
Net Inventory Availability
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
Reserve needed:

 
—

--------------------------------------------------------------------------------

Accounts Receivable Comparison
 
 
 
 
 
 
 
 
 
 
Name:
PolyOne Corporation
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Report based on Aging dated:
 
 
 
 
 
Change
 
% Change
 
Comments
Aging Spreads:
 
 
 
 
 
 
 
 
 
 
 
Future
 
—

 
 
 
—

 
0.0%
 
 
 
1 - 30 DOI
 
—

 
 
 
—

 
0.0%
 
 
 
31 - 60 DOI
 
—

 
 
 
—

 
0.0%
 
 
 
61 - 90 DOI
 
—

 
 
 
—

 
0.0%
 
 
 
91 - 120 DOI
 
—

 
 
 
—

 
0.0%
 
 
 
121+ DOI
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
A/R Aging Balance:
 
—

 
 
 
—

 
0.0%
 
 
Ineligibles:
 
 
 
 
 
 
 
 
 
 
ERS
Past Due-> 121 DOI; > 61 DPD
 
—

 
 
 
—

 
 
 
 
ERS
Past Due Credits
 
—

 
 
 
—

 
 
 
 
ERS
CrossAge
 
—

 
 
 
—

 
0.0%
 
 
ERS
Intercompany
 
—

 
 
 
—

 
0.0%
 
 
ERS
Foreign
 
—

 
 
 
—

 
0.0%
 
 
ERS
Government
 
—

 
 
 
—

 
0.0%
 
 
ERS
COD
 
—

 
 
 
—

 
0.0%
 
 
ERS
Debit Memo
 
—

 
 
 
—

 
0.0%
 
 
ERS
Customer Deposits
 
—

 
 
 
—

 
0.0%
 
 
ERS
Employee Sales
 
—

 
 
 
—

 
0.0%
 
 
ERS
Progress Billing
 
—

 
 
 
—

 
0.0%
 
 
ERS
Extended Terms
 
—

 
 
 
—

 
0.0%
 
 
ERS
Finance Charges
 
—

 
 
 
—

 
0.0%
 
 
ERS
Guaranteed
 
—

 
 
 
—

 
0.0%
 
 
ERS
Coop Advertising
 
—

 
 
 
—

 
0.0%
 
 
ERS
Samples
 
—

 
 
 
—

 
0.0%
 
 
ERS
Consignment Sales
 
—

 
 
 
—

 
0.0%
 
 
ERS
Bill & Hold
 
—

 
 
 
—

 
0.0%
 
 
ERS
Bankrupt/Doubtful
 
—

 
 
 
—

 
0.0%
 
 
ERS
Contra
 
—

 
 
 
—

 
0.0%
 
 
ERS
Other1-Shortpays
 
—

 
 
 
—

 
0.0%
 
 
ERS
Other2-Foreign (prior to insurance review)
 
—

 
 
 
—

 
0.0%
 
 
Formula
Other3-Eligible foreign credit ins add-back
 
—

 
 
 
—

 
0.0%
 
 
ERS
Other4-Whirlpool Mexico not billed in USD
 
—

 
 
 
—

 
0.0%
 
 
Formula
Other6->30MM Foreign Sub of US Entities
 
—

 
 
 
—

 
0.0%
 
 
ERS TB
Unbilled Sales/Credits (GL#120300)
 
—

 
 
 
—

 
0.0%
 
 
ERS TB
Rebates (GL#120500, #2015, #120550)
 
—

 
 
 
—

 
0.0%
 
 
Manual
Deferred Revenue (GL#460100 & GL#344450)
 
—

 
 
 
—

 
0.0%
 
 
Manual
FOB Destination Ineligible
 
—

 
 
 
—

 
0.0%
 
 
ERS TB
Unapplied Cash (GL#12120)
 
—

 
 
 
—

 
0.0%
 
 
Manual
Whirlpool Foreign Cap exceeding $15MM
 
—

 
 
 
—

 
0.0%
 
 
Manual
Concentration Cap
 
—

 
 
 
—

 
0.0%
 
 
ERS TB
PST/GST (GL#340150-#340210, GL#23101,23103,23105)-Reserve grossed up
 
—

 
 
 
—

 
0.0%
 
 
Manual
Canadian WEPA-03/31/2015 366,000.00-Reserve grossed up
 
—

 
 
 
—

 
0.0%
 
 
Manual
Wisconsin Wage Lien-Reserve grossed up
 
—

 
 
 
—

 
0.0%
 
 
Manual
Dilution Ineligible (grossed up)
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Ineligible A/R:
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Eligible A/R
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
A/R Availability before Sublimit(s)
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Line Limit or Sublimit(s)
 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net A/R Availability
 
—

 
 
 
—

 
0.0%
 
 

Page AR Comparison

--------------------------------------------------------------------------------

Inventory Comparison
 
 
 
 
 
 
 
 
 
Name:
PolyOne Corporation
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Based on the Inventory Perpetual dated:
 
 
 
 
 
Change
 
% Change
Comments
 
 
 
 
 
 
 
 
 
 
 
 
ERS Inventory Total:
 
—

 
 
 
—

 
0.0%
 
 
ERS Trial Balance Adjustments:
 
—

 
 
 
 
 
 
 
 
Manual Inventory Total:
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Gross Inventory:
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
ERS
Foreign
 
—

 
 
 
—

 
0.0%
 
ERS
Tolling
 
—

 
 
 
—

 
0.0%
 
ERS
Outside Processors/Offsite
 
—

 
 
 
—

 
0.0%
 
ERS
Consigned/Vendor Owned
 
—

 
 
 
—

 
0.0%
 
ERS
Packaging/Labels
 
—

 
 
 
—

 
0.0%
 
ERS
Offgrade, Scrap, Rework
 
—

 
 
 
—

 
0.0%
 
ERS
Semi-Finished
 
—

 
 
 
—

 
0.0%
 
ERS
R&D
 
—

 
 
 
—

 
0.0%
 
ERS
Locations < $100M
 
—

 
 
 
—

 
0.0%
 
ERS
Ineligible10
 
—

 
 
 
—

 
0.0%
 
Manual
WIP
 
—

 
 
 
—

 
0.0%
 
Manual
Stores/Supplies
 
—

 
 
 
—

 
0.0%
 
ERS TB
Slow Moving (GL# 148530, 148510, 13994/95)
 
—

 
 
 
—

 
0.0%
 
ERS TB
Test Count Variances
 
—

 
 
 
—

 
0.0%
 
Manual
Regrind Reserve (GL#13991)
 
—

 
 
 
—

 
0.0%
 
Manual
Dow branded inventory
 
—

 
 
 
—

 
0.0%
 
Manual
Producer Services Reserve
 
—

 
 
 
—

 
0.0%
 
Manual
Addl Resin Cost Capitalization
 
—

 
 
 
—

 
0.0%
 
ERS TB
LCM/Labor Overhead Reserve (GL#13992/99)
 
—

 
 
 
—

 
0.0%
 
Manual
CSC COGS for Accrued
 
—

 
 
 
—

 
0.0%
 
Manual
Block for Unknowns
 
—

 
 
 
—

 
0.0%
 
Manual
Accrued Royalties GL 324020
 
—

 
 
 
—

 
0.0%
 
Manual
Manual13
 
—

 
 
 
—

 
0.0%
 
Manual
Manual14
 
—

 
 
 
—

 
0.0%
 
Manual
Manual15
 
—

 
 
 
—

 
0.0%
 
Manual
Reserve grossed up as Ineligible
 
—

 
 
 
—

 
0.0%
 
Manual
Reserve grossed up as Ineligible
 
—

 
 
 
—

 
0.0%
 
Manual
Reserve grossed up as Ineligible
 
—

 
 
 
—

 
0.0%
 
Manual
Appraisal Reserve (grossed up)
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
Total Ineligible Inventory:
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
Eligible Inventory
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
Availability before Sublimit
 
—

 
 
 
—

 
0.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
Sublimits
 
240,000,000.00

 
240,000,000.00

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Inventory Availability
 
—

 
 
 
—

 
0.0%
 

INV Comparison

--------------------------------------------------------------------------------

Schedule A-3 to the Credit Agreement

AUTHORIZED PERSONS

Giuseppe Di Salvo
John Hornickel
Lisa Kunkle
Scott Leffler
Jason Peterson
Bradley Richardson

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

Schedule E-2 to the Credit Agreement

Eligible Life Insurance Policies

[attach list]

Signature Page to Third Amendment to Amended and Restated Credit Agreement

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
1
1
65 Life
PolyOne Corp.
PolyOne Corp.
7294242
12/1/1976
Pd Up Life
0.00
n/a
449,305
387,764.81
0.00
0.00
6.15%
2
1
65 Life
PolyOne Corp.
PolyOne Corp.
7767666
12/1/1978
Pd Up Life
0.00
n/a
88,381
76,275.67
0.00
0.00
6.15%
3
1
65 Life
PolyOne Corp.
PolyOne Corp.
8236571
12/1/1980
Pd Up Life
0.00
n/a
225,563
194,668.19
0.00
0.00
6.15%
4
1
65 Life
PolyOne Corp.
PolyOne Corp.
6355378
12/1/1970
Pd Up Life
0.00
n/a
828,437
807,174.60
0.00
0.00
6.00%
5
1
65 Life
PolyOne Corp.
PolyOne Corp.
6918609
12/1/1974
Pd Up Life
0.00
n/a
85,278
83,089.28
0.00
0.00
6.00%
6
1
65 Life
PolyOne Corp.
PolyOne Corp.
7304078
12/1/1976
Pd Up Life
0.00
n/a
155,416
151,427.14
0.00
0.00
6.15%
7
1
EOL
PolyOne Corp.
PolyOne Corp.
9798563
12/1/1985
OL EOL
924.05
12/1/2015
117,383
62,936.44
0.00
0.00
6.15%
8
1
Adj CL
PolyOne Corp.
PolyOne Corp.
13399562
6/1/1995
Adj CL
28,902.37
6/1/2015
1,404,224
789,410.62
0.00
0.00
8.00%
9
1
EOL
PolyOne Corp.
PolyOne Corp.
9804415
12/1/1985
OL EOL
1,612.69
12/1/2015
168,866
106,848.44
0.00
0.00
6.15%
10
1
65 Life
PolyOne Corp.
PolyOne Corp.
10574504
12/1/1987
Pd Up Life
0.00
n/a
23,353
16,171.02
0.00
0.00
8.00%
11
1
65 Life
PolyOne Corp.
PolyOne Corp.
11070883
6/1/1989
Pd Up Life
0.00
n/a
154,666
108,150.65
0.00
0.00
8.00%
12
1
65 Life
PolyOne Corp.
PolyOne Corp.
11624207
12/1/1990
Pd Up Life
0.00
n/a
25,767
17,842.61
0.00
0.00
8.00%
13
1
65 Life
PolyOne Corp.
PolyOne Corp.
6961852A
12/1/1974
Pd Up Life
0.00
n/a
39,891
29,311.02
0.00
0.00
6.00%
14
1
65 Life
PolyOne Corp.
PolyOne Corp.
7317464A
12/1/1976
Pd Up Life
0.00
n/a
61,064
44,868.46
0.00
0.00
6.15%
15
1
65 Life
PolyOne Corp.
PolyOne Corp.
7322483
12/1/1976
Pd Up Life
0.00
n/a
193,030
141,834.14
0.00
0.00
6.15%
16
1
65 Life
PolyOne Corp.
PolyOne Corp.
7766628
12/1/1978
Pd Up Life
0.00
n/a
43,174
31,723.30
0.00
0.00
6.15%
17
1
65 Life
PolyOne Corp.
PolyOne Corp.
10651468
12/1/1987
Pd Up Life
0.00
n/a
143,420
103,129.98
0.00
0.00
8.00%
18
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9813097
12/1/1985
IWL 90
4,554.66
12/1/2015
339,213
219,244.64
0.00
0.00
5.00%
19
1
65 Life
PolyOne Corp.
PolyOne Corp.
10572825
12/1/1987
Pd Up Life
0.00
n/a
278,975
196,928.54
0.00
0.00
8.00%
20
1
65 Life
PolyOne Corp.
PolyOne Corp.
11070687
6/1/1989
Pd Up Life
0.00
n/a
178,409
127,131.31
0.00
0.00
8.00%
21
1
65 Life
PolyOne Corp.
PolyOne Corp.
11623682
12/1/1990
Pd Up Life
0.00
n/a
284,511
200,836.40
0.00
0.00
8.00%
22
1
90 Life
PolyOne Corp.
PolyOne Corp.
12228740
6/1/1992
90 Life
2,441.57
6/1/2015
100,777
56,481.01
0.00
0.00
8.00%
23
1
Adj CL
PolyOne Corp.
PolyOne Corp.
12810649
12/1/1993
Adj CL
6,899.99
12/1/2015
430,382
268,947.61
0.00
0.00
8.00%
24
1
65 Life
PolyOne Corp.
PolyOne Corp.
6354044
12/1/1970
Pd Up Life
0.00
n/a
163,371
136,942.35
0.00
0.00
6.00%
25
1
65 Life
PolyOne Corp.
PolyOne Corp.
6626970
12/1/1972
Pd Up Life
0.00
n/a
47,575
39,878.76
0.00
0.00
6.00%
26
1
65 Life
PolyOne Corp.
PolyOne Corp.
6941202
12/1/1974
Pd Up Life
0.00
n/a
44,353
37,177.98
0.00
0.00
6.00%
27
1
65 Life
PolyOne Corp.
PolyOne Corp.
7295669
12/1/1976
Pd Up Life
0.00
n/a
82,984
69,559.61
0.00
0.00
6.15%
28
1
65 Life
PolyOne Corp.
PolyOne Corp.
7760432
12/1/1978
Pd Up Life
0.00
n/a
235,395
197,314.96
0.00
0.00
6.15%
29
1
65 Life
PolyOne Corp.
PolyOne Corp.
8224946
12/1/1980
Pd Up Life
0.00
n/a
134,317
112,588.43
0.00
0.00
6.15%
30
1
65 Life
PolyOne Corp.
PolyOne Corp.
11072760
6/1/1989
Pd Up Life
0.00
n/a
60,387
41,407.52
0.00
0.00
8.00%
31
1
65 Life
PolyOne Corp.
PolyOne Corp.
11623723
12/1/1990
Pd Up Life
0.00
n/a
180,068
122,238.02
0.00
0.00
8.00%
32
1
65 Life
PolyOne Corp.
PolyOne Corp.
12810626
12/1/1993
Pd Up Life
0.00
n/a
101,441
68,862.58
0.00
0.00
8.00%
33
1
65 Life
PolyOne Corp.
PolyOne Corp.
6356267
12/1/1970
Pd Up Life
0.00
n/a
222,057
189,857.03
0.00
0.00
6.00%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
34
1
65 Life
PolyOne Corp.
PolyOne Corp.
6618111
12/1/1972
Pd Up Life
0.00
n/a
218,109
186,481.52
0.00
0.00
6.00%
35
1
65 Life
PolyOne Corp.
PolyOne Corp.
6915909
12/1/1974
Pd Up Life
0.00
n/a
81,788
69,928.12
0.00
0.00
6.00%
36
1
65 Life
PolyOne Corp.
PolyOne Corp.
7322472
12/1/1976
Pd Up Life
0.00
n/a
130,570
111,636.34
0.00
0.00
6.15%
37
1
65 Life
PolyOne Corp.
PolyOne Corp.
7766627
12/1/1978
Pd Up Life
0.00
n/a
165,404
141,419.15
0.00
0.00
6.15%
38
1
65 Life
PolyOne Corp.
PolyOne Corp.
8224899
12/1/1980
Pd Up Life
0.00
n/a
280,634
239,939.91
0.00
0.00
6.15%
39
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9851550
12/1/1985
IWL 90
5,173.92
12/1/2015
339,906
218,634.99
0.00
0.00
5.00%
40
1
65 Life
PolyOne Corp.
PolyOne Corp.
6653217
12/1/1972
Pd Up Life
0.00
n/a
402,528
347,394.73
0.00
0.00
6.00%
41
1
65 Life
PolyOne Corp.
PolyOne Corp.
6952196
12/1/1974
Pd Up Life
0.00
n/a
91,792
79,219.47
0.00
0.00
6.00%
42
1
65 Life
PolyOne Corp.
PolyOne Corp.
7325315
12/1/1976
Pd Up Life
0.00
n/a
148,089
127,805.62
0.00
0.00
6.15%
43
1
65 Life
PolyOne Corp.
PolyOne Corp.
7772780
12/1/1978
Pd Up Life
0.00
n/a
151,007
130,323.94
0.00
0.00
6.15%
44
1
65 Life
PolyOne Corp.
PolyOne Corp.
8289509
12/1/1980
Pd Up Life
0.00
n/a
199,408
172,095.59
0.00
0.00
6.15%
45
1
65 Life
PolyOne Corp.
PolyOne Corp.
14974169
6/1/1989
65 Life
2,558.85
6/1/2015
170,298
86,594.77
0.00
0.00
8.00%
46
1
65 Life
PolyOne Corp.
PolyOne Corp.
14974181
12/1/1993
65 Life
3,602.53
12/1/2015
162,568
78,652.19
0.00
0.00
8.00%
47
1
65 Life
PolyOne Corp.
PolyOne Corp.
14974186
6/1/1989
65 Life
2,721.71
6/1/2015
183,742
93,527.15
0.00
0.00
8.00%
48
1
65 Life
PolyOne Corp.
PolyOne Corp.
14974195
6/1/1989
65 Life
1,899.88
6/1/2015
130,999
66,808.95
0.00
0.00
8.00%
49
1
65 Life
PolyOne Corp.
PolyOne Corp.
14976337
6/1/1989
65 Life
1,771.23
6/1/2015
117,945
60,000.52
0.00
0.00
8.00%
50
1
65 Life
PolyOne Corp.
PolyOne Corp.
14977897
12/1/1990
65 Life
1,745.37
12/1/2015
102,530
51,034.45
0.00
0.00
8.00%
51
1
EOL
PolyOne Corp.
PolyOne Corp.
9831761
12/1/1985
OL EOL
744.09
12/1/2015
91,172
50,156.84
0.00
0.00
6.15%
52
1
65 Life
PolyOne Corp.
PolyOne Corp.
10573149
12/1/1987
Pd Up Life
0.00
n/a
185,976
113,425.36
0.00
0.00
8.00%
53
1
65 Life
PolyOne Corp.
PolyOne Corp.
11070753
6/1/1989
Pd Up Life
0.00
n/a
248,253
153,135.35
0.00
0.00
8.00%
54
1
65 Life
PolyOne Corp.
PolyOne Corp.
11624145
12/1/1990
Pd Up Life
0.00
n/a
182,717
111,437.73
0.00
0.00
8.00%
55
1
65 Life
PolyOne Corp.
PolyOne Corp.
9831877A
12/1/1985
Pd Up Life
0.00
n/a
346,654
266,467.30
0.00
0.00
6.15%
56
1
65 Life
PolyOne Corp.
PolyOne Corp.
6352403
12/1/1970
Pd Up Life
0.00
n/a
494,189
414,243.65
0.00
0.00
6.00%
57
1
65 Life
PolyOne Corp.
PolyOne Corp.
6618157
12/1/1972
Pd Up Life
0.00
n/a
138,409
116,018.47
0.00
0.00
6.00%
58
1
65 Life
PolyOne Corp.
PolyOne Corp.
6915844
12/1/1974
Pd Up Life
0.00
n/a
135,597
113,661.36
0.00
0.00
6.00%
59
1
65 Life
PolyOne Corp.
PolyOne Corp.
7294245
12/1/1976
Pd Up Life
0.00
n/a
279,212
234,043.65
0.00
0.00
6.15%
60
1
65 Life
PolyOne Corp.
PolyOne Corp.
7782685
12/1/1978
Pd Up Life
0.00
n/a
365,371
306,264.64
0.00
0.00
6.15%
61
1
65 Life
PolyOne Corp.
PolyOne Corp.
8224065
12/1/1980
Pd Up Life
0.00
n/a
109,517
91,800.34
0.00
0.00
6.15%
62
1
IWL 90
PolyOne Corp.
PolyOne Corp.
10262698
12/1/1985
IWL 90
534.07
12/1/2015
26,476
20,748.52
0.00
0.00
5.00%
63
1
65 Life
PolyOne Corp.
PolyOne Corp.
7782693A
12/1/1978
Pd Up Life
0.00
n/a
70,644
48,551.49
0.00
0.00
6.15%
64
1
65 Life
PolyOne Corp.
PolyOne Corp.
8260034A
12/1/1980
Pd Up Life
0.00
n/a
426,561
293,162.47
0.00
0.00
6.15%
65
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9909657
12/1/1985
IWL 90
2,562.19
12/1/2015
219,088
141,167.83
0.00
0.00
5.00%
66
1
65 Life
PolyOne Corp.
PolyOne Corp.
10573188
12/1/1987
Pd Up Life
0.00
n/a
234,851
156,206.15
0.00
0.00
8.00%
67
1
65 Life
PolyOne Corp.
PolyOne Corp.
11070804
6/1/1989
Pd Up Life
0.00
n/a
203,340
136,649.02
0.00
0.00
8.00%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
68
1
65 Life
PolyOne Corp.
PolyOne Corp.
11624346
12/1/1990
Pd Up Life
0.00
n/a
253,133
168,366.03
0.00
0.00
8.00%
69
1
90 Life
PolyOne Corp.
PolyOne Corp.
12228759
6/1/1992
90 Life
2,682.21
6/1/2015
125,412
65,035.78
0.00
0.00
8.00%
70
1
65 Life
PolyOne Corp.
PolyOne Corp.
12810598
12/1/1993
Pd Up Life
0.00
n/a
194,654
129,469.97
0.00
0.00
8.00%
71
1
65 Life
PolyOne Corp.
PolyOne Corp.
10572807
12/1/1987
Pd Up Life
0.00
n/a
184,047
117,342.37
0.00
0.00
8.00%
72
1
65 Life
PolyOne Corp.
PolyOne Corp.
11070879
6/1/1989
Pd Up Life
0.00
n/a
134,018
84,522.75
0.00
0.00
8.00%
73
1
65 Life
PolyOne Corp.
PolyOne Corp.
11623763
12/1/1990
Pd Up Life
0.00
n/a
158,369
100,970.92
0.00
0.00
8.00%
74
1
65 Life
PolyOne Corp.
PolyOne Corp.
12810491
12/1/1993
65 Life
3,500.00
12/1/2015
221,175
81,643.27
0.00
0.00
8.00%
75
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9923713
12/31/1985
IWL 90
4,939.03
12/31/2015
250,349
192,460.97
0.00
0.00
5.00%
76
1
65 Life
PolyOne Corp.
PolyOne Corp.
10572994
12/1/1987
Pd Up Life
0.00
n/a
161,236
130,963.31
0.00
0.00
8.00%
77
1
65 Life
PolyOne Corp.
PolyOne Corp.
6357023
12/1/1970
Pd Up Life
0.00
n/a
517,636
497,762.50
0.00
0.00
6.00%
78
1
65 Life
PolyOne Corp.
PolyOne Corp.
6942637
12/1/1974
Pd Up Life
0.00
n/a
90,016
86,560.03
0.00
0.00
6.00%
79
1
65 Life
PolyOne Corp.
PolyOne Corp.
7304101
12/1/1976
Pd Up Life
0.00
n/a
116,321
111,855.11
0.00
0.00
6.15%
80
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9831902
12/1/1985
IWL 90
4,051.91
12/1/2015
301,156
194,612.96
0.00
0.00
5.00%
81
1
65 Life
PolyOne Corp.
PolyOne Corp.
10573058
12/1/1987
Pd Up Life
0.00
n/a
265,679
162,035.62
0.00
0.00
8.00%
82
1
65 Life
PolyOne Corp.
PolyOne Corp.
11070932
6/1/1989
Pd Up Life
0.00
n/a
156,086
94,115.47
0.00
0.00
8.00%
83
1
65 Life
PolyOne Corp.
PolyOne Corp.
11620786
12/1/1990
Pd Up Life
0.00
n/a
104,646
63,822.81
0.00
0.00
8.00%
84
1
65 Life
PolyOne Corp.
PolyOne Corp.
12810395
12/1/1993
Pd Up Life
0.00
n/a
67,950
41,442.19
0.00
0.00
8.00%
85
1
65 Life
PolyOne Corp.
PolyOne Corp.
6368029
12/1/1970
Pd Up Life
0.00
n/a
464,833
404,835.92
0.00
0.00
6.00%
86
1
65 Life
PolyOne Corp.
PolyOne Corp.
6645312
12/1/1972
Pd Up Life
0.00
n/a
78,957
68,765.84
0.00
0.00
6.00%
87
1
65 Life
PolyOne Corp.
PolyOne Corp.
6958796
12/1/1974
Pd Up Life
0.00
n/a
56,194
48,940.91
0.00
0.00
6.00%
88
1
65 Life
PolyOne Corp.
PolyOne Corp.
7330244
12/1/1976
Pd Up Life
0.00
n/a
159,977
139,328.40
0.00
0.00
6.15%
89
1
65 Life
PolyOne Corp.
PolyOne Corp.
7787340
12/1/1978
Pd Up Life
0.00
n/a
356,622
310,591.97
0.00
0.00
6.15%
90
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9835822
12/1/1985
IWL 90
1,704.16
12/1/2015
80,164
67,726.51
0.00
0.00
5.00%
91
1
65 Life
PolyOne Corp.
PolyOne Corp.
6367659
12/1/1970
Pd Up Life
0.00
n/a
546,236
480,003.75
0.00
0.00
6.00%
92
1
65 Life
PolyOne Corp.
PolyOne Corp.
6632640
12/1/1972
Pd Up Life
0.00
n/a
63,057
55,411.20
0.00
0.00
6.00%
93
1
65 Life
PolyOne Corp.
PolyOne Corp.
6937672
12/1/1974
Pd Up Life
0.00
n/a
63,540
55,835.64
0.00
0.00
6.00%
94
1
65 Life
PolyOne Corp.
PolyOne Corp.
7301987
12/1/1976
Pd Up Life
0.00
n/a
156,109
137,180.46
0.00
0.00
6.15%
95
1
65 Life
PolyOne Corp.
PolyOne Corp.
7766630
12/1/1978
Pd Up Life
0.00
n/a
211,417
185,782.25
0.00
0.00
6.15%
96
1
65 Life
PolyOne Corp.
PolyOne Corp.
8230406
12/1/1980
Pd Up Life
0.00
n/a
80,322
70,582.79
0.00
0.00
6.15%
97
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9831943
12/1/1985
IWL 90
770.30
12/1/2015
34,043
29,407.42
0.00
0.00
5.00%
98
1
65 Life
PolyOne Corp.
PolyOne Corp.
10652052
7/6/1988
Pd Up Life
0.00
n/a
1,441,802
1,044,377.76
0.00
0.00
8.00%
99
1
65 Life
PolyOne Corp.
PolyOne Corp.
11071181
6/1/1989
Pd Up Life
0.00
n/a
658,707
477,960.65
0.00
0.00
8.00%
100
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11623483
12/1/1990
Adj CL
31,124.78
12/1/2015
1,744,130
1,276,382.80
0.00
0.00
8.00%
101
1
65 Life
PolyOne Corp.
PolyOne Corp.
6352812
12/1/1970
Pd Up Life
0.00
n/a
247,775
217,731.77
0.00
0.00
6.00%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
102
1
65 Life
PolyOne Corp.
PolyOne Corp.
6943690
12/1/1974
Pd Up Life
0.00
n/a
221,956
195,043.37
0.00
0.00
6.00%
103
1
65 Life
PolyOne Corp.
PolyOne Corp.
7294215
12/1/1976
Pd Up Life
0.00
n/a
176,628
155,211.48
0.00
0.00
6.15%
104
1
65 Life
PolyOne Corp.
PolyOne Corp.
7760807
12/1/1978
Pd Up Life
0.00
n/a
274,890
241,559.01
0.00
0.00
6.15%
105
1
65 Life
PolyOne Corp.
PolyOne Corp.
8223165
12/1/1980
Pd Up Life
0.00
n/a
630,533
554,079.56
0.00
0.00
6.15%
106
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9831957
12/1/1985
IWL 90
4,904.80
12/1/2015
228,167
197,201.89
0.00
0.00
5.00%
107
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9831977
12/1/1985
IWL 90
1,940.73
12/1/2015
212,328
100,584.30
0.00
0.00
5.00%
108
1
65 Life
PolyOne Corp.
PolyOne Corp.
10574760
12/1/1987
65 Life
1,294.62
12/1/2015
115,888
56,951.20
0.00
0.00
8.00%
109
1
65 Life
PolyOne Corp.
PolyOne Corp.
11070987
6/1/1989
65 Life
1,108.71
6/1/2015
86,760
40,891.77
0.00
0.00
8.00%
110
1
65 Life
PolyOne Corp.
PolyOne Corp.
11624019
12/1/1990
65 Life
2,674.27
12/1/2015
169,133
80,890.34
0.00
0.00
8.00%
111
1
65 Life
PolyOne Corp.
PolyOne Corp.
6359216
12/1/1970
Pd Up Life
0.00
n/a
237,641
208,826.53
0.00
0.00
6.00%
112
1
65 Life
PolyOne Corp.
PolyOne Corp.
6618220
12/1/1972
Pd Up Life
0.00
n/a
58,172
51,118.52
0.00
0.00
6.00%
113
1
65 Life
PolyOne Corp.
PolyOne Corp.
6915806
12/1/1974
Pd Up Life
0.00
n/a
45,892
40,327.50
0.00
0.00
6.00%
114
1
65 Life
PolyOne Corp.
PolyOne Corp.
7299113
12/1/1976
Pd Up Life
0.00
n/a
145,893
128,203.17
0.00
0.00
6.15%
115
1
65 Life
PolyOne Corp.
PolyOne Corp.
7760440
12/1/1978
Pd Up Life
0.00
n/a
356,951
313,669.95
0.00
0.00
6.15%
116
1
65 Life
PolyOne Corp.
PolyOne Corp.
8230368
12/1/1980
Pd Up Life
0.00
n/a
346,154
304,182.10
0.00
0.00
6.15%
117
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9831998
12/1/1985
IWL 90
2,310.09
12/1/2015
98,747
85,227.01
0.00
0.00
5.00%
118
1
65 Life
PolyOne Corp.
PolyOne Corp.
6355497
12/1/1970
Pd Up Life
0.00
n/a
449,766
380,835.26
0.00
0.00
6.00%
119
1
65 Life
PolyOne Corp.
PolyOne Corp.
6618130
12/1/1972
Pd Up Life
0.00
n/a
158,741
134,412.49
0.00
0.00
6.00%
120
1
65 Life
PolyOne Corp.
PolyOne Corp.
6927134
12/1/1974
Pd Up Life
0.00
n/a
132,643
112,314.25
0.00
0.00
6.00%
121
1
65 Life
PolyOne Corp.
PolyOne Corp.
7299110
12/1/1976
Pd Up Life
0.00
n/a
259,863
220,036.62
0.00
0.00
6.15%
122
1
65 Life
PolyOne Corp.
PolyOne Corp.
7766593
12/1/1978
Pd Up Life
0.00
n/a
566,477
479,659.24
0.00
0.00
6.15%
123
1
65 Life
PolyOne Corp.
PolyOne Corp.
8235477
12/1/1980
Pd Up Life
0.00
n/a
915,961
775,581.62
0.00
0.00
6.15%
124
1
Adj CL
PolyOne Corp.
PolyOne Corp.
10589990
12/1/1987
Adj CL
12,417.96
12/1/2015
752,406
604,888.80
0.00
0.00
8.00%
125
1
65 Life
PolyOne Corp.
PolyOne Corp.
7292468
12/1/1976
Pd Up Life
0.00
n/a
538,282
441,521.63
0.00
0.00
6.15%
126
1
65 Life
PolyOne Corp.
PolyOne Corp.
7761958
12/1/1978
Pd Up Life
0.00
n/a
146,076
119,817.71
0.00
0.00
6.15%
127
1
65 Life
PolyOne Corp.
PolyOne Corp.
8230428
12/1/1980
Pd Up Life
0.00
n/a
148,707
121,975.76
0.00
0.00
6.15%
128
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9803022
12/1/1985
IWL 90
797.58
12/1/2015
43,290
32,886.72
0.00
0.00
5.00%
129
1
65 Life
PolyOne Corp.
PolyOne Corp.
6920985
12/1/1974
Pd Up Life
0.00
n/a
282,948
217,497.53
0.00
0.00
6.00%
130
1
65 Life
PolyOne Corp.
PolyOne Corp.
7294248
12/1/1976
Pd Up Life
0.00
n/a
136,471
104,903.04
0.00
0.00
6.15%
131
1
65 Life
PolyOne Corp.
PolyOne Corp.
7751588A
12/1/1978
Pd Up Life
0.00
n/a
75,685
58,177.83
0.00
0.00
6.15%
132
1
65 Life
PolyOne Corp.
PolyOne Corp.
7760798
12/1/1978
Pd Up Life
0.00
n/a
162,825
125,160.93
0.00
0.00
6.15%
133
1
65 Life
PolyOne Corp.
PolyOne Corp.
8218620A
12/1/1980
Pd Up Life
0.00
n/a
57,470
44,176.26
0.00
0.00
6.15%
134
1
65 Life
PolyOne Corp.
PolyOne Corp.
8224022
12/1/1980
Pd Up Life
0.00
n/a
211,880
162,868.72
0.00
0.00
6.15%
135
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9832009
12/1/1985
IWL 90
1,943.98
12/1/2015
128,265
89,655.22
0.00
0.00
5.00%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
136
1
65 Life
PolyOne Corp.
PolyOne Corp.
10573081
12/1/1987
Pd Up Life
0.00
n/a
325,700
246,360.08
0.00
0.00
8.00%
137
1
65 Life
PolyOne Corp.
PolyOne Corp.
11071026
6/1/1989
Pd Up Life
0.00
n/a
413,495
315,226.89
0.00
0.00
8.00%
138
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11623644
12/1/1990
Adj CL
4,344.59
12/1/2015
489,981
370,464.34
0.00
0.00
8.00%
139
1
90 Life
PolyOne Corp.
PolyOne Corp.
12228525
6/1/1992
90 Life
3,865.94
6/1/2015
136,147
83,848.62
0.00
0.00
8.00%
140
1
Adj CL
PolyOne Corp.
PolyOne Corp.
12810230
12/1/1993
Adj CL
10,800.00
12/1/2015
587,902
400,602.38
0.00
0.00
8.00%
141
1
65 Life
PolyOne Corp.
PolyOne Corp.
12814338
12/1/1987
Pd Up Life
0.00
n/a
208,073
132,660.57
0.00
0.00
8.00%
142
1
65 Life
PolyOne Corp.
PolyOne Corp.
12814351
12/1/1988
Pd Up Life
0.00
n/a
485,780
309,717.51
0.00
0.00
8.00%
143
1
90 Life
PolyOne Corp.
PolyOne Corp.
12814363
6/1/1989
90 Life
5,412.08
6/1/2015
379,153
195,756.60
0.00
0.00
8.00%
144
1
Adj CL
PolyOne Corp.
PolyOne Corp.
12814421
12/1/1990
Adj CL
2,141.61
12/1/2015
340,927
217,204.82
0.00
0.00
8.00%
145
1
65 Life
PolyOne Corp.
PolyOne Corp.
6356792
12/1/1970
Pd Up Life
0.00
n/a
213,120
183,929.48
0.00
0.00
6.00%
146
1
65 Life
PolyOne Corp.
PolyOne Corp.
6618110
12/1/1972
Pd Up Life
0.00
n/a
52,900
45,654.41
0.00
0.00
6.00%
147
1
65 Life
PolyOne Corp.
PolyOne Corp.
6933387
12/1/1974
Pd Up Life
0.00
n/a
196,942
169,967.35
0.00
0.00
6.00%
148
1
65 Life
PolyOne Corp.
PolyOne Corp.
7304084
12/1/1976
Pd Up Life
0.00
n/a
293,701
253,473.51
0.00
0.00
6.15%
149
1
65 Life
PolyOne Corp.
PolyOne Corp.
7776662
12/1/1978
Pd Up Life
0.00
n/a
213,958
184,652.71
0.00
0.00
6.15%
150
1
65 Life
PolyOne Corp.
PolyOne Corp.
8230312
12/1/1980
Pd Up Life
0.00
n/a
181,271
156,442.76
0.00
0.00
6.15%
151
1
65 Life
PolyOne Corp.
PolyOne Corp.
7771159
12/1/1978
Pd Up Life
0.00
n/a
404,548
292,574.06
0.00
0.00
6.15%
152
1
65 Life
PolyOne Corp.
PolyOne Corp.
8235509
12/1/1980
Pd Up Life
0.00
n/a
158,058
114,309.48
0.00
0.00
6.15%
153
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9832017
12/1/1985
IWL 90
1,166.66
12/1/2015
83,130
53,526.01
0.00
0.00
8.00%
154
1
65 Life
PolyOne Corp.
PolyOne Corp.
10573103
12/1/1987
Pd Up Life
0.00
n/a
153,519
108,369.11
0.00
0.00
8.00%
155
1
90 Life
PolyOne Corp.
PolyOne Corp.
11071221
6/1/1989
90 Life
6,806.62
6/1/2015
296,239
170,936.51
0.00
0.00
8.00%
156
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11621435
12/1/1990
Adj CL
5,706.75
12/1/2015
156,386
110,231.98
0.00
0.00
8.00%
157
1
65 Life
PolyOne Corp.
PolyOne Corp.
11633204
12/1/1990
Pd Up Life
0.00
n/a
104,967
66,923.55
0.00
0.00
8.00%
158
1
65 Life
PolyOne Corp.
PolyOne Corp.
12810202
12/1/1993
Pd Up Life
0.00
n/a
82,922
52,868.36
0.00
0.00
8.00%
159
1
65 Life
PolyOne Corp.
PolyOne Corp.
7370146
12/1/1976
Pd Up Life
0.00
n/a
214,604
164,962.61
0.00
0.00
6.15%
160
1
65 Life
PolyOne Corp.
PolyOne Corp.
7760800
12/1/1978
Pd Up Life
0.00
n/a
45,072
34,646.11
0.00
0.00
6.15%
161
1
65 Life
PolyOne Corp.
PolyOne Corp.
8224648
12/1/1980
Pd Up Life
0.00
n/a
89,190
68,558.90
0.00
0.00
6.15%
162
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9908545
12/1/1985
IWL 90
3,894.52
12/1/2015
221,156
159,861.07
0.00
0.00
5.00%
163
1
65 Life
PolyOne Corp.
PolyOne Corp.
10573192
12/1/1987
Pd Up Life
0.00
n/a
156,703
118,530.44
0.00
0.00
8.00%
164
1
65 Life
PolyOne Corp.
PolyOne Corp.
11071244
6/1/1989
Pd Up Life
0.00
n/a
255,579
191,808.58
0.00
0.00
8.00%
165
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11624322
12/1/1990
Adj CL
2,644.66
12/1/2015
174,382
131,744.68
0.00
0.00
8.00%
166
1
65 Life
PolyOne Corp.
PolyOne Corp.
6355112
12/1/1970
Pd Up Life
0.00
n/a
240,790
201,837.21
0.00
0.00
6.00%
167
1
65 Life
PolyOne Corp.
PolyOne Corp.
6564907
12/1/1972
Pd Up Life
0.00
n/a
45,594
38,218.22
0.00
0.00
6.00%
168
1
65 Life
PolyOne Corp.
PolyOne Corp.
6934479
12/1/1974
Pd Up Life
0.00
n/a
149,291
125,140.07
0.00
0.00
6.00%
169
1
65 Life
PolyOne Corp.
PolyOne Corp.
7294232
12/1/1976
Pd Up Life
0.00
n/a
192,761
161,577.90
0.00
0.00
6.15%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
170
1
65 Life
PolyOne Corp.
PolyOne Corp.
7760804
12/1/1978
Pd Up Life
0.00
n/a
214,504
179,803.51
0.00
0.00
6.15%
171
1
65 Life
PolyOne Corp.
PolyOne Corp.
8230440
12/1/1980
Pd Up Life
0.00
n/a
225,891
189,348.43
0.00
0.00
6.15%
172
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9832028
12/1/1985
IWL 90
2,063.83
12/1/2015
109,953
86,421.79
0.00
0.00
5.00%
173
1
Adj CL
PolyOne Corp.
PolyOne Corp.
10573214
12/1/1987
Adj CL
3,887.15
12/1/2015
358,698
287,839.17
0.00
0.00
8.00%
174
1
90 Life
PolyOne Corp.
PolyOne Corp.
11071009
6/1/1989
90 Life
7,410.12
6/1/2015
280,186
211,837.46
0.00
0.00
8.00%
175
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11623635
12/1/1990
Adj CL
3,428.58
12/1/2015
304,622
253,482.92
0.00
0.00
8.00%
176
1
65 Life
PolyOne Corp.
PolyOne Corp.
6927272
12/1/1974
Pd Up Life
0.00
n/a
198,967
159,313.63
0.00
0.00
6.00%
177
1
65 Life
PolyOne Corp.
PolyOne Corp.
7304073
12/1/1976
Pd Up Life
0.00
n/a
149,431
119,649.96
0.00
0.00
6.15%
178
1
65 Life
PolyOne Corp.
PolyOne Corp.
7770325
12/1/1978
Pd Up Life
0.00
n/a
230,645
184,678.32
0.00
0.00
6.15%
179
1
65 Life
PolyOne Corp.
PolyOne Corp.
7787336A
12/1/1978
Pd Up Life
0.00
n/a
87,151
69,782.13
0.00
0.00
6.15%
180
1
65 Life
PolyOne Corp.
PolyOne Corp.
8224032
12/1/1980
Pd Up Life
0.00
n/a
254,575
203,839.16
0.00
0.00
6.15%
181
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9915341
12/31/1985
IWL 90
1,261.89
12/31/2015
78,229
57,716.14
0.00
0.00
8.00%
182
1
65 Life
PolyOne Corp.
PolyOne Corp.
10573250
12/1/1987
Pd Up Life
0.00
n/a
288,122
227,801.93
0.00
0.00
8.00%
183
1
65 Life
PolyOne Corp.
PolyOne Corp.
11071121
6/1/1989
Pd Up Life
0.00
n/a
438,126
343,989.88
0.00
0.00
8.00%
184
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11620927
12/1/1990
Adj CL
2,791.00
12/1/2015
236,351
186,717.24
0.00
0.00
8.00%
185
1
90 Life
PolyOne Corp.
PolyOne Corp.
12228565
6/1/1992
90 Life
3,197.82
6/1/2015
93,709
59,814.34
0.00
0.00
8.00%
186
1
Adj CL
PolyOne Corp.
PolyOne Corp.
12810135
12/1/1993
Adj CL
7,173.93
12/1/2015
321,999
232,411.91
0.00
0.00
8.00%
187
1
65 Life
PolyOne Corp.
PolyOne Corp.
6927633A
12/1/1974
Pd Up Life
0.00
n/a
197,098
163,475.76
0.00
0.00
6.00%
188
1
65 Life
PolyOne Corp.
PolyOne Corp.
7317833A
12/1/1976
Pd Up Life
0.00
n/a
191,171
158,559.83
0.00
0.00
6.15%
189
1
65 Life
PolyOne Corp.
PolyOne Corp.
8230346A
12/1/1980
Pd Up Life
0.00
n/a
323,798
268,562.46
0.00
0.00
6.15%
190
1
65 Life
PolyOne Corp.
PolyOne Corp.
8243091A
12/1/1980
Pd Up Life
0.00
n/a
317,932
263,697.12
0.00
0.00
6.15%
191
1
65 Life
PolyOne Corp.
PolyOne Corp.
8271029A
12/1/1980
Pd Up Life
0.00
n/a
78,140
64,810.38
0.00
0.00
6.15%
192
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9831920A
12/1/1985
IWL 90
7,983.76
12/1/2015
474,105
368,548.25
0.00
0.00
8.00%
193
1
90 Life
PolyOne Corp.
PolyOne Corp.
10061795
6/1/1986
90 Life
11,684.50
6/1/2015
666,441
512,080.31
0.00
0.00
8.00%
194
1
65 Life
PolyOne Corp.
PolyOne Corp.
10574379
12/1/1987
Pd Up Life
0.00
n/a
2,266,503
1,864,444.04
0.00
0.00
8.00%
195
1
90 Life
PolyOne Corp.
PolyOne Corp.
11071053
6/1/1989
90 Life
63,015.00
6/1/2015
2,489,450
1,845,620.88
0.00
0.00
8.00%
196
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11623232
12/1/1990
Adj CL
10,752.92
12/1/2015
996,639
819,704.56
0.00
0.00
8.00%
197
1
90 Life
PolyOne Corp.
PolyOne Corp.
12228546
6/1/1992
90 Life
21,893.98
6/1/2015
603,773
424,747.79
0.00
0.00
8.00%
198
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9832036
12/1/1985
IWL 90
7,717.33
12/1/2015
399,063
325,152.40
0.00
0.00
5.00%
199
1
Adj CL
PolyOne Corp.
PolyOne Corp.
10573254
12/1/1987
Adj CL
3,810.00
12/1/2015
338,043
280,204.45
0.00
0.00
8.00%
200
1
90 Life
PolyOne Corp.
PolyOne Corp.
11071041
6/1/1989
90 Life
2,113.16
6/1/2015
70,592
55,453.25
0.00
0.00
8.00%
201
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11623042
12/1/1990
Adj CL
3,209.32
12/1/2015
173,385
147,434.51
0.00
0.00
8.00%
202
1
65 Life
PolyOne Corp.
PolyOne Corp.
8223910A
12/1/1980
Pd Up Life
0.00
n/a
207,208
159,277.42
0.00
0.00
6.15%
203
1
65 Life
PolyOne Corp.
PolyOne Corp.
8236545
12/1/1980
Pd Up Life
0.00
n/a
682,129
524,341.48
0.00
0.00
6.15%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
204
1
IWL 90
PolyOne Corp.
PolyOne Corp.
9832046
12/1/1985
IWL 90
2,323.69
12/1/2015
152,576
106,359.17
0.00
0.00
5.00%
205
1
65 Life
PolyOne Corp.
PolyOne Corp.
10652011
12/1/1987
Pd Up Life
0.00
n/a
315,269
238,470.05
0.00
0.00
8.00%
206
1
65 Life
PolyOne Corp.
PolyOne Corp.
11071077
6/1/1989
Pd Up Life
0.00
n/a
582,132
443,786.88
0.00
0.00
8.00%
207
1
Adj CL
PolyOne Corp.
PolyOne Corp.
11620871
12/1/1990
Adj CL
4,324.08
12/1/2015
487,628
368,684.53
0.00
0.00
8.00%
208
1
90 Life
PolyOne Corp.
PolyOne Corp.
12228469
6/1/1992
90 Life
4,037.00
6/1/2015
141,921
87,361.13
0.00
0.00
8.00%
209
1
Adj CL
PolyOne Corp.
PolyOne Corp.
12809947
12/1/1993
Adj CL
11,700.00
12/1/2015
636,997
434,051.61
0.00
0.00
8.00%
210
2
EOL
PolyOne Corp.
PolyOne Corp.
10131256
12/1/1985
OL EOL
2,343.02
12/1/2015
210,956
136,355.47
0.00
0.00
6.15%
211
2
65 Life
PolyOne Corp.
PolyOne Corp.
10574353
12/1/1987
Pd Up Life
0.00
n/a
45,800
32,330.24
0.00
0.00
8.00%
212
2
65 Life
PolyOne Corp.
PolyOne Corp.
11070791
6/1/1989
Pd Up Life
0.00
n/a
315,026
224,482.32
0.00
0.00
8.00%
213
2
65 Life
PolyOne Corp.
PolyOne Corp.
8236617
12/1/1980
Pd Up Life
0.00
n/a
281,614
213,327.99
0.00
0.00
6.15%
214
2
65 Life
PolyOne Corp.
PolyOne Corp.
6511513
12/1/1971
Pd Up Life
0.00
n/a
159,133
144,907.57
0.00
0.00
6.00%
215
2
65 Life
PolyOne Corp.
PolyOne Corp.
7317459
12/1/1976
Pd Up Life
0.00
n/a
99,623
90,717.37
0.00
0.00
6.15%
216
2
65 Life
PolyOne Corp.
PolyOne Corp.
8289452
12/1/1980
Pd Up Life
0.00
n/a
63,829
58,123.11
0.00
0.00
6.15%
217
2
65 Life
PolyOne Corp.
PolyOne Corp.
6927320
12/1/1974
Pd Up Life
0.00
n/a
192,666
148,099.22
0.00
0.00
6.00%
218
2
65 Life
PolyOne Corp.
PolyOne Corp.
7325308
12/1/1976
Pd Up Life
0.00
n/a
43,147
33,166.39
0.00
0.00
6.15%
219
2
65 Life
PolyOne Corp.
PolyOne Corp.
7759726
12/1/1978
Pd Up Life
0.00
n/a
44,729
34,382.46
0.00
0.00
6.15%
220
2
65 Life
PolyOne Corp.
PolyOne Corp.
8230322
12/1/1980
Pd Up Life
0.00
n/a
64,841
49,842.22
0.00
0.00
6.15%
221
2
EOL
PolyOne Corp.
PolyOne Corp.
9835745
12/1/1985
OL EOL
1,278.29
12/1/2015
113,217
78,936.59
0.00
0.00
6.15%
222
2
65 Life
PolyOne Corp.
PolyOne Corp.
6355898
12/1/1970
Pd Up Life
0.00
n/a
167,397
148,407.27
0.00
0.00
6.00%
223
2
65 Life
PolyOne Corp.
PolyOne Corp.
7313144
12/1/1976
Pd Up Life
0.00
n/a
117,270
103,966.74
0.00
0.00
6.15%
224
2
65 Life
PolyOne Corp.
PolyOne Corp.
8223899
12/1/1980
Pd Up Life
0.00
n/a
67,351
59,710.62
0.00
0.00
6.15%
225
2
EOL
PolyOne Corp.
PolyOne Corp.
9835771
12/1/1985
OL EOL
3,259.03
12/1/2015
107,620
85,647.09
0.00
0.00
6.15%
226
2
65 Life
PolyOne Corp.
PolyOne Corp.
7773689
12/1/1978
Pd Up Life
0.00
n/a
346,124
309,581.17
0.00
0.00
6.15%
227
2
65 Life
PolyOne Corp.
PolyOne Corp.
8236641
12/1/1980
Pd Up Life
0.00
n/a
66,876
59,815.42
0.00
0.00
6.15%
228
2
65 Life
PolyOne Corp.
PolyOne Corp.
8241097
12/1/1980
Pd Up Life
0.00
n/a
224,586
162,423.34
0.00
0.00
6.15%
229
2
65 Life
PolyOne Corp.
PolyOne Corp.
12814433
12/1/1987
65 Life
227.00
12/1/2015
18,543
9,129.97
0.00
0.00
8.00%
230
2
65 Life
PolyOne Corp.
PolyOne Corp.
12814492
6/1/1989
65 Life
562.20
6/1/2015
41,869
20,554.28
0.00
0.00
8.00%
231
2
EOL
PolyOne Corp.
PolyOne Corp.
9813338
12/1/1985
OL EOL
2,510.31
12/1/2015
235,043
148,943.12
0.00
0.00
6.15%
232
2
65 Life
PolyOne Corp.
PolyOne Corp.
11624366
12/1/1990
65 Life
188.80
12/1/2015
11,902
4,913.68
0.00
0.00
8.00%
233
2
65 Life
PolyOne Corp.
PolyOne Corp.
12816149
12/1/1993
65 Life
600.01
12/1/2015
33,460
13,379.94
0.00
0.00
8.00%
234
2
65 Life
PolyOne Corp.
PolyOne Corp.
11627884
12/1/1990
Pd Up Life
0.00
n/a
25,795
13,933.44
0.00
0.00
8.00%
235
2
65 Life
PolyOne Corp.
PolyOne Corp.
12810716
12/1/1993
Pd Up Life
0.00
n/a
30,455
16,450.58
0.00
0.00
8.00%
236
2
65 Life
PolyOne Corp.
PolyOne Corp.
10586187
12/1/1987
Pd Up Life
0.00
n/a
265,485
183,837.72
0.00
0.00
8.00%
237
2
65 Life
PolyOne Corp.
PolyOne Corp.
11072644
6/1/1989
Pd Up Life
0.00
n/a
109,621
75,167.40
0.00
0.00
8.00%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
238
2
65 Life
PolyOne Corp.
PolyOne Corp.
11629971
12/1/1990
Pd Up Life
0.00
n/a
16,670
11,543.31
0.00
0.00
8.00%
239
2
65 Life
PolyOne Corp.
PolyOne Corp.
12810695
12/1/1993
Pd Up Life
0.00
n/a
26,870
18,606.40
0.00
0.00
8.00%
240
2
EOL
PolyOne Corp.
PolyOne Corp.
9814428
12/1/1985
OL EOL
1,902.50
12/1/2015
163,424
100,367.28
0.00
0.00
6.15%
241
2
65 Life
PolyOne Corp.
PolyOne Corp.
10574298
12/1/1987
Pd Up Life
0.00
n/a
42,421
28,797.23
0.00
0.00
8.00%
242
2
65 Life
PolyOne Corp.
PolyOne Corp.
11071079
6/1/1989
Pd Up Life
0.00
n/a
204,084
137,149.01
0.00
0.00
8.00%
243
2
65 Life
PolyOne Corp.
PolyOne Corp.
12810733
12/1/1993
Pd Up Life
0.00
n/a
31,431
21,336.74
0.00
0.00
8.00%
244
2
65 Life
PolyOne Corp.
PolyOne Corp.
6944180
12/1/1974
Pd Up Life
0.00
n/a
155,577
139,151.60
0.00
0.00
6.00%
245
2
65 Life
PolyOne Corp.
PolyOne Corp.
7751587
12/1/1978
Pd Up Life
0.00
n/a
72,027
64,422.58
0.00
0.00
6.15%
246
2
EOL
PolyOne Corp.
PolyOne Corp.
9887411
12/1/1985
OL EOL
784.79
12/1/2015
118,925
53,773.41
0.00
0.00
6.15%
247
2
65 Life
PolyOne Corp.
PolyOne Corp.
10574570
12/1/1987
65 Life
245.16
12/1/2015
19,292
9,088.08
0.00
0.00
8.00%
248
2
EOL
PolyOne Corp.
PolyOne Corp.
9831688
12/1/1985
OL EOL
694.91
12/1/2015
104,738
47,347.01
0.00
0.00
6.15%
249
2
65 Life
PolyOne Corp.
PolyOne Corp.
10574626
12/1/1987
65 Life
243.55
12/1/2015
19,137
9,014.62
0.00
0.00
8.00%
250
2
65 Life
PolyOne Corp.
PolyOne Corp.
8260076
12/1/1980
Pd Up Life
0.00
n/a
302,789
261,316.75
0.00
0.00
6.15%
251
2
65 Life
PolyOne Corp.
PolyOne Corp.
6491030
12/1/1971
Pd Up Life
0.00
n/a
173,829
172,132.54
0.00
0.00
6.00%
252
2
65 Life
PolyOne Corp.
PolyOne Corp.
8230241
12/1/1980
Pd Up Life
0.00
n/a
258,845
187,199.87
0.00
0.00
6.15%
253
2
EOL
PolyOne Corp.
PolyOne Corp.
9831719
12/1/1985
OL EOL
667.94
12/1/2015
65,309
42,111.97
0.00
0.00
6.15%
254
2
65 Life
PolyOne Corp.
PolyOne Corp.
6370421
12/1/1970
Pd Up Life
0.00
n/a
147,073
125,746.28
0.00
0.00
6.00%
255
2
65 Life
PolyOne Corp.
PolyOne Corp.
6359858
12/1/1970
Pd Up Life
0.00
n/a
157,731
129,377.63
0.00
0.00
6.00%
256
2
65 Life
PolyOne Corp.
PolyOne Corp.
6941415
12/1/1974
Pd Up Life
0.00
n/a
63,281
51,905.75
0.00
0.00
6.00%
257
2
65 Life
PolyOne Corp.
PolyOne Corp.
7299121
12/1/1976
Pd Up Life
0.00
n/a
78,942
64,751.57
0.00
0.00
6.15%
258
2
65 Life
PolyOne Corp.
PolyOne Corp.
7788411
12/1/1978
Pd Up Life
0.00
n/a
79,851
65,497.16
0.00
0.00
6.15%
259
2
65 Life
PolyOne Corp.
PolyOne Corp.
8249295
12/1/1980
Pd Up Life
0.00
n/a
95,372
78,228.14
0.00
0.00
6.15%
260
2
65 Life
PolyOne Corp.
PolyOne Corp.
10574844
12/1/1987
Pd Up Life
0.00
n/a
296,277
188,896.56
0.00
0.00
8.00%
261
2
65 Life
PolyOne Corp.
PolyOne Corp.
11071165
6/1/1989
Pd Up Life
0.00
n/a
100,769
63,553.21
0.00
0.00
8.00%
262
2
EOL
PolyOne Corp.
PolyOne Corp.
9835800
12/1/1985
OL EOL
999.72
12/1/2015
119,758
67,567.45
0.00
0.00
6.15%
263
2
65 Life
PolyOne Corp.
PolyOne Corp.
6359116
12/1/1970
Pd Up Life
0.00
n/a
160,805
141,307.06
0.00
0.00
6.00%
264
2
65 Life
PolyOne Corp.
PolyOne Corp.
6936600
12/1/1974
Pd Up Life
0.00
n/a
65,874
57,886.64
0.00
0.00
6.00%
265
2
65 Life
PolyOne Corp.
PolyOne Corp.
7299116
12/1/1976
Pd Up Life
0.00
n/a
83,968
73,786.71
0.00
0.00
6.15%
266
2
65 Life
PolyOne Corp.
PolyOne Corp.
7792055
12/1/1978
Pd Up Life
0.00
n/a
74,810
65,739.13
0.00
0.00
6.15%
267
2
65 Life
PolyOne Corp.
PolyOne Corp.
8270077
12/1/1980
Pd Up Life
0.00
n/a
147,458
129,578.41
0.00
0.00
6.15%
268
2
65 Life
PolyOne Corp.
PolyOne Corp.
6624189
12/1/1972
Pd Up Life
0.00
n/a
154,667
130,962.87
0.00
0.00
6.00%
269
2
65 Life
PolyOne Corp.
PolyOne Corp.
7317465
12/1/1976
Pd Up Life
0.00
n/a
118,040
99,949.29
0.00
0.00
6.15%
270
2
65 Life
PolyOne Corp.
PolyOne Corp.
7767175
12/1/1978
Pd Up Life
0.00
n/a
66,912
56,657.12
0.00
0.00
6.15%
271
2
65 Life
PolyOne Corp.
PolyOne Corp.
8236580
12/1/1980
Pd Up Life
0.00
n/a
49,773
42,144.83
0.00
0.00
6.15%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
272
2
65 Life
PolyOne Corp.
PolyOne Corp.
6956185
12/1/1974
Pd Up Life
0.00
n/a
152,934
122,454.83
0.00
0.00
6.00%
273
2
65 Life
PolyOne Corp.
PolyOne Corp.
7782699
12/1/1978
Pd Up Life
0.00
n/a
97,401
77,989.34
0.00
0.00
6.15%
274
2
65 Life
PolyOne Corp.
PolyOne Corp.
8249249
12/1/1980
Pd Up Life
0.00
n/a
51,173
40,974.42
0.00
0.00
6.15%
275
2
EOL
PolyOne Corp.
PolyOne Corp.
9831741
12/1/1985
OL EOL
1,044.08
12/1/2015
84,036
61,767.56
0.00
0.00
6.15%
276
2
EOL
PolyOne Corp.
PolyOne Corp.
9831805
12/1/1985
OL EOL
1,027.37
12/1/2015
130,874
70,173.98
0.00
0.00
6.15%
277
2
65 Life
PolyOne Corp.
PolyOne Corp.
8236592
12/1/1980
Pd Up Life
0.00
n/a
322,574
261,502.45
0.00
0.00
6.15%
278
2
EOL
PolyOne Corp.
PolyOne Corp.
9831646
12/1/1985
OL EOL
839.83
12/1/2015
103,119
56,723.41
0.00
0.00
6.15%
279
2
65 Life
PolyOne Corp.
PolyOne Corp.
6357375
12/1/1970
Pd Up Life
0.00
n/a
161,944
146,140.17
0.00
0.00
6.00%
280
2
65 Life
PolyOne Corp.
PolyOne Corp.
6936560
12/1/1974
Pd Up Life
0.00
n/a
60,578
54,666.30
0.00
0.00
6.00%
281
2
65 Life
PolyOne Corp.
PolyOne Corp.
6360937
12/1/1970
Pd Up Life
0.00
n/a
181,259
166,598.73
0.00
0.00
6.00%
282
2
65 Life
PolyOne Corp.
PolyOne Corp.
6938911
12/1/1974
Pd Up Life
0.00
n/a
55,443
50,958.76
0.00
0.00
6.00%
283
2
65 Life
PolyOne Corp.
PolyOne Corp.
7772776
12/1/1978
Pd Up Life
0.00
n/a
212,685
153,816.40
0.00
0.00
6.15%
284
2
65 Life
PolyOne Corp.
PolyOne Corp.
8241395
12/1/1980
Pd Up Life
0.00
n/a
53,178
38,458.98
0.00
0.00
6.15%
285
2
65 Life
PolyOne Corp.
PolyOne Corp.
12814499
12/1/1987
65 Life
172.30
12/1/2015
13,724
5,998.70
0.00
0.00
8.00%
286
2
65 Life
PolyOne Corp.
PolyOne Corp.
7343954
12/1/1976
Pd Up Life
0.00
n/a
256,450
217,146.70
0.00
0.00
6.15%
287
2
65 Life
PolyOne Corp.
PolyOne Corp.
7753952
12/1/1978
Pd Up Life
0.00
n/a
60,097
50,886.59
0.00
0.00
6.15%
288
2
65 Life
PolyOne Corp.
PolyOne Corp.
8235178
12/1/1980
Pd Up Life
0.00
n/a
56,561
47,892.51
0.00
0.00
6.15%
289
2
65 Life
PolyOne Corp.
PolyOne Corp.
11627926
12/1/1990
Pd Up Life
0.00
n/a
328,360
213,881.88
0.00
0.00
8.00%
290
2
65 Life
PolyOne Corp.
PolyOne Corp.
12811359
6/1/1989
Pd Up Life
0.00
n/a
45,311
29,826.98
0.00
0.00
8.00%
291
2
65 Life
PolyOne Corp.
PolyOne Corp.
6359745
12/1/1970
Pd Up Life
0.00
n/a
207,403
183,874.94
0.00
0.00
6.00%
292
2
65 Life
PolyOne Corp.
PolyOne Corp.
6943008
12/1/1974
Pd Up Life
0.00
n/a
47,550
42,155.86
0.00
0.00
6.00%
293
2
65 Life
PolyOne Corp.
PolyOne Corp.
7772798
12/1/1978
Pd Up Life
0.00
n/a
101,598
90,072.59
0.00
0.00
6.15%
294
2
65 Life
PolyOne Corp.
PolyOne Corp.
7782250A
12/1/1978
Pd Up Life
0.00
n/a
82,859
73,459.37
0.00
0.00
6.15%
295
2
65 Life
PolyOne Corp.
PolyOne Corp.
11071229
6/1/1989
Pd Up Life
0.00
n/a
588,967
411,836.87
0.00
0.00
8.00%
296
2
Adj CL
PolyOne Corp.
PolyOne Corp.
12813211
12/1/1993
Adj CL
1,018.12
12/1/2015
53,594
33,444.07
0.00
0.00
8.00%
297
2
65 Life
PolyOne Corp.
PolyOne Corp.
7753966
12/1/1978
Pd Up Life
0.00
n/a
222,664
175,981.62
0.00
0.00
6.15%
298
2
65 Life
PolyOne Corp.
PolyOne Corp.
8224586
12/1/1980
Pd Up Life
0.00
n/a
46,152
36,476.05
0.00
0.00
6.15%
299
2
65 Life
PolyOne Corp.
PolyOne Corp.
6953286A
12/1/1974
Pd Up Life
0.00
n/a
171,398
153,302.26
0.00
0.00
6.00%
300
2
65 Life
PolyOne Corp.
PolyOne Corp.
7317828
12/1/1976
Pd Up Life
0.00
n/a
85,175
76,182.46
0.00
0.00
6.15%
301
2
65 Life
PolyOne Corp.
PolyOne Corp.
7767172
12/1/1978
Pd Up Life
0.00
n/a
58,709
52,510.67
0.00
0.00
6.15%
302
2
65 Life
PolyOne Corp.
PolyOne Corp.
8236653
12/1/1980
Pd Up Life
0.00
n/a
66,130
59,148.17
0.00
0.00
6.15%
303
2
65 Life
PolyOne Corp.
PolyOne Corp.
12810813
12/1/1993
Pd Up Life
0.00
n/a
217,124
135,430.71
0.00
0.00
8.00%
304
2
65 Life
PolyOne Corp.
PolyOne Corp.
8249182
12/1/1980
Pd Up Life
0.00
n/a
365,049
315,049.14
0.00
0.00
6.15%
305
2
EOL
PolyOne Corp.
PolyOne Corp.
9831784
12/1/1985
OL EOL
1,311.14
12/1/2015
64,834
51,852.38
0.00
0.00
6.15%

--------------------------------------------------------------------------------

 
PolyOne Corporation
 
Policies to be Assigned to Wells Fargo
 
Northwestern Mutual Insurance Summary as of 5/31/2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
 
 
 
 
 
 
 
 
 
 
Total
Cash
 
 
 
No. of
 
 
 
 
Policy
Issue
Ins.
Annual Premium
Death Beneft
Surrender
Loan Indebtedness
Policies
Plan
Policy Type
Policy Owner
Policy Beneficiary
Number
Date
Plan
Amount
Pd To Date
Amount
Value
Principal
Interest
Rate
306
2
65 Life
PolyOne Corp.
PolyOne Corp.
6362776
12/1/1970
Pd Up Life
0.00
n/a
170,714
140,026.84
0.00
0.00
6.00%
307
2
65 Life
PolyOne Corp.
PolyOne Corp.
6918493
12/1/1974
Pd Up Life
0.00
n/a
63,751
52,291.27
0.00
0.00
6.00%
308
2
65 Life
PolyOne Corp.
PolyOne Corp.
7299778
12/1/1976
Pd Up Life
0.00
n/a
68,171
55,916.73
0.00
0.00
6.15%
309
2
65 Life
PolyOne Corp.
PolyOne Corp.
7788405
12/1/1978
Pd Up Life
0.00
n/a
65,749
53,930.11
0.00
0.00
6.15%
310
2
65 Life
PolyOne Corp.
PolyOne Corp.
8280995
12/1/1980
Pd Up Life
0.00
n/a
84,190
69,056.20
0.00
0.00
6.15%
311
2
EOL
PolyOne Corp.
PolyOne Corp.
9835863
12/1/1985
OL EOL
1,308.92
12/1/2015
100,618
76,369.26
0.00
0.00
6.15%
312
2
EOL
PolyOne Corp.
PolyOne Corp.
9847185
12/1/1985
OL EOL
1,116.23
12/1/2015
126,858
64,081.20
0.00
0.00
6.15%
313
2
65 Life
PolyOne Corp.
PolyOne Corp.
6965280
12/1/1974
Pd Up Life
0.00
n/a
179,493
151,984.06
0.00
0.00
6.00%
314
2
65 Life
PolyOne Corp.
PolyOne Corp.
7776657
12/1/1978
Pd Up Life
0.00
n/a
111,592
94,489.51
0.00
0.00
6.15%
315
2
65 Life
PolyOne Corp.
PolyOne Corp.
8241136
12/1/1980
Pd Up Life
0.00
n/a
84,166
71,266.80
0.00
0.00
6.15%
316
2
65 Life
PolyOne Corp.
PolyOne Corp.
12810832
12/1/1993
Pd Up Life
0.00
n/a
218,256
142,164.11
0.00
0.00
8.00%
317
2
EOL
PolyOne Corp.
PolyOne Corp.
10121015
12/1/1985
Whole Life
1,162.31
12/1/2015
138,018
76,920.84
0.00
0.00
8.00%
318
2
65 Life
PolyOne Corp.
PolyOne Corp.
10586137
12/1/1987
Pd Up Life
0.00
n/a
37,347
23,295.12
0.00
0.00
8.00%
319
2
65 Life
PolyOne Corp.
PolyOne Corp.
11071192
6/1/1989
Pd Up Life
0.00
n/a
117,547
72,509.10
0.00
0.00
8.00%
320
2
65 Life
PolyOne Corp.
PolyOne Corp.
7767179
12/1/1978
Pd Up Life
0.00
n/a
300,194
251,631.38
0.00
0.00
6.15%
321
2
65 Life
PolyOne Corp.
PolyOne Corp.
8236551
12/1/1980
Pd Up Life
0.00
n/a
73,418
61,541.11
0.00
0.00
6.15%
322
2
65 Life
PolyOne Corp.
PolyOne Corp.
6355223
12/1/1970
Pd Up Life
0.00
n/a
189,932
157,532.18
0.00
0.00
6.00%
323
2
65 Life
PolyOne Corp.
PolyOne Corp.
6941483
12/1/1974
Pd Up Life
0.00
n/a
56,112
46,540.05
0.00
0.00
6.00%
324
2
65 Life
PolyOne Corp.
PolyOne Corp.
7304082
12/1/1976
Pd Up Life
0.00
n/a
53,565
44,427.54
0.00
0.00
6.15%
325
2
65 Life
PolyOne Corp.
PolyOne Corp.
7782250C
12/1/1978
Pd Up Life
0.00
n/a
119,424
99,051.89
0.00
0.00
6.15%
326
2
65 Life
PolyOne Corp.
PolyOne Corp.
7784726
12/1/1978
Pd Up Life
0.00
n/a
82,642
68,544.40
0.00
0.00
6.15%
327
2
EOL
PolyOne Corp.
PolyOne Corp.
9920643
12/1/1985
OL EOL
1,245.42
12/1/2015
93,053
71,677.21
0.00
0.00
6.15%
328
2
65 Life
PolyOne Corp.
PolyOne Corp.
6938713
12/1/1974
Pd Up Life
0.00
n/a
140,533
109,566.51
0.00
0.00
6.00%
329
2
65 Life
PolyOne Corp.
PolyOne Corp.
7304095
12/1/1976
Pd Up Life
0.00
n/a
50,775
39,586.72
0.00
0.00
6.15%
330
2
65 Life
PolyOne Corp.
PolyOne Corp.
7767168
12/1/1978
Pd Up Life
0.00
n/a
56,410
43,980.04
0.00
0.00
6.15%
331
2
65 Life
PolyOne Corp.
PolyOne Corp.
8234782
12/1/1980
Pd Up Life
0.00
n/a
90,812
70,801.54
0.00
0.00
6.15%
332
2
65 Life
PolyOne Corp.
PolyOne Corp.
11089532
6/1/1989
Pd Up Life
0.00
n/a
272,223
207,528.52
0.00
0.00
8.00%
333
2
65 Life
PolyOne Corp.
PolyOne Corp.
11644854
12/1/1990
Pd Up Life
0.00
n/a
22,131
16,998.76
0.00
0.00
8.00%
334
2
65 Life
PolyOne Corp.
PolyOne Corp.
8249278
12/1/1980
Pd Up Life
0.00
n/a
337,712
273,774.45
0.00
0.00
6.15%
 
 
 
 
 
 
 
 
 
 
72,306,147
55,316,235.43
0.00
0.00
 

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Schedule 5.2 to the Credit Agreement

[attach]

Signature Page to Third Amendment to Amended and Restated Credit Agreement

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Schedule 5.2
Provide Agent (and if so requested by Agent, with copies for each Lender) with
each of the documents set forth below at the following times in form reasonably
satisfactory to Agent:
Monthly (no later than the 10th day of each month), unless (i) either (A) Excess
Availability is less than 15% of the Maximum Credit or (b) US Excess
Availability is less than 12.5% of the Maximum Credit or (ii) a Default or an
Event of Default has occurred and is continuing, then weekly
(a)    US Borrowing Base Certificate and a Canadian Borrowing Base Certificate,
and

(b)    Inventory system/perpetual reports specifying the cost and the wholesale
market value of each Borrower's and its Subsidiaries' Inventory, by category,
with additional detail showing additions to and deletions therefrom (delivered
electronically in an acceptable format, if Borrowers have implemented electronic
reporting).
Monthly (no later than the 10th day of each month)
(c)    a detailed aging, by total, of each Borrower's Accounts, together with a
reconciliation and supporting documentation for any reconciling items noted
(delivered electronically in an acceptable format, if Borrowers have implemented
electronic reporting),

(d)    a detailed calculation of those Accounts that are not eligible for the US
Borrowing Base or Canadian Borrowing Base, if Borrowers have not implemented
electronic reporting,

(e)    a detailed Inventory system/perpetual report together with a
reconciliation to each Borrower's general ledger accounts (delivered
electronically in an acceptable format, if Borrowers have implemented electronic
reporting),

(f)    with respect to Inventory, such information with respect to the lower of
cost or market as Agent may request,

(g)    a detailed calculation of Inventory categories that are not eligible for
the US Borrowing Base or the Canadian Borrowing Base, if Borrowers have not
implemented electronic reporting,

(h)    a summary aging, by vendor, of each Borrower's and its Subsidiaries'
accounts payable and any book overdraft (delivered electronically in an
acceptable format, if Borrowers have implemented electronic reporting) and an
aging, by vendor, of any held checks,

(i)    a detailed report regarding each Borrower's and its Subsidiaries' cash
and Cash Equivalents, including an indication of which amounts constitute
Qualified Cash,

(j)    a detailed report identifying and calculating (i) Canadian PST (i.e.
provincial sales tax) and Canadian GST (i.e. goods and service tax) and (ii) to
the extent applicable, Canadian HST (i.e. harmonized sales tax),

(k)    a monthly Account roll-forward, in a format acceptable to Agent in its
discretion, tied to the beginning and ending account receivable balances of each
Borrower's general ledger, and

(l)    a detailed report of the current cash surrender value of each Eligible
Life Insurance Policy.

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Monthly (no later than the 30th day of each month)
(m)    a reconciliation of Accounts, trade accounts payable, and Inventory of
each Borrower's general ledger accounts to its monthly financial statements
including any book reserves related to each category.
Quarterly (no later than the 30th day of each quarter)
(n)    a report regarding each Borrower's and its Subsidiaries' accrued, but
unpaid, VAT, and

(o)    a report setting forth the following information with respect to the
operations in Canada: (i) number of employees in Canada broken down between
sales people and non-sales people, (ii) accrued payroll expenses, (iii) accrued
employee expenses, (iv) post-retirement healthcare benefits, (v) post-retirement
employee benefits and (vi) other post-employee benefits.
Upon the request of Agent (but not more frequently than annually)
(p)    an updated version of the Northwestern Mutual Side Letter executed by The
Northwestern Mutual Life Insurance Company.
Promptly, but in any event within 3 Business Days after any Loan Party has any
knowledge thereof
(q)    notice of the cancellation of, termination of or other material change
to, any Eligible Life Insurance Policy.
Promptly after any Loan Party has any knowledge thereof
(r)    notice of the death of any Person covered by any Eligible Life Insurance
Policy.

-3-

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On or prior to the issuance thereof
(s)    copies of any Life Insurance Policies issued or to be issued to any US
Loan Party on or after the Second Amendment Effective Date.
Upon the request of Agent
(t)    an In Force Policy Data Review issued by The Northwestern Mutual Life
Insurance Company with respect to each Life Insurance Policy,

(u)    to the extent any Life Insurance Policy would be materially different
from any Life Insurance Policy type as of the Second Amendment Effective Date,
samples of each Life Insurance Policy type issued to any of the US Loan Parties,

(v)    copies of any or all Life Insurance Policies issued to any of the US Loan
Parties (to the extent available), and

(w)    any other available information reasonably requested by Agent relating to
the Life Insurance Policies.

-4-