Exhibit 10.4

 

GRANT OF SECURITY INTEREST
  IN UNITED STATES TRADEMARKS

 

This GRANT OF SECURITY INTEREST IN UNITED STATES TRADEMARKS (“Grant”), dated as of March 27, 2014 is made by Walter Energy, Inc., a Delaware corporation (the “Grantor”) with principal offices at 3000 Riverchase Galleria, Suite 1700, Birmingham, AL 35244, in favor of Wilmington Trust, National Association, as Collateral Agent, with offices at 50 South Sixth Street, Suite 1290, Minneapolis, MN 55402 (the “Agent”) for the benefit of the Secured Parties (as defined in the Second-Lien Notes Collateral Agreement as defined below) pursuant to that certain Second-Lien Notes Collateral Agreement, dated as of March 27, 2014 (as amended, modified, restated, supplemented or otherwise modified from time to time, the “Second-Lien Notes Collateral Agreement”), among Walter Energy, Inc. (the “Company”), and other grantors from time to time party thereto (together with the Company, the “Grantors”) and the Agent.

 

FOR GOOD AND VALUABLE CONSIDERATION, receipt and sufficiency of which are hereby acknowledged, Grantor hereby grants to the Agent, for the benefit of the Secured Parties, a continuing security interest in (i) all of the Grantor’s right, title and interest in, to and under to the United States trademarks, trademark registrations and trademark applications (the “Marks”) set forth on Schedule A attached hereto and (ii) all causes of action arising prior to or after the date hereof for infringement of any of the Marks or unfair competition regarding the same.

 

THIS GRANT is made to secure the satisfactory performance and payment of all the Second-Lien Notes Obligations, as such term is defined in the Second-Lien Notes Collateral Agreement for the purpose of recording the grant of security interest herein with the United States Patent and Trademark Office.

 

The rights and remedies of the Agent with respect to the security interest granted herein are as set forth in the Second-Lien Notes Collateral Agreement, all terms and provisions of which are incorporated herein by reference.  In the event that any provisions of this Grant are deemed to conflict with the Second-Lien Notes Collateral Agreement, the provisions of the Second-Lien Notes Collateral Agreement shall govern.

 

THIS GRANT may be executed in counterparts, each of which will be deemed an original, but all of which together constitute one and the same original.

 

[Remainder of this page intentionally left blank; signature page follows]

 

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IN WITNESS WHEREOF, the undersigned have executed this Grant as of the date first written above.

 

	
 
    	
WALTER   ENERGY, INC., as Grantor
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By   
    	
Earl   H. Doppelt
    
	
 
    	
 
    	
Name:
    	
Earl   H. Doppelt
    
	
 
    	
 
    	
Title:
    	
Executive   Vice President, General Counsel and Secretary
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
WILMINGTON   TRUST, NATIONAL ASSOCIATION, as Collateral Agent
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By
    	
/s/   Timothy P. Mowdy
    
	
 
    	
 
    	
Name:
    	
Timothy   P. Mowdy
    
	
 
    	
 
    	
Title:
    	
Administrative   Vice President
    


 











 

Schedule A: U.S. Registered Trademarks

 

	
Mark
    	
 
    	
Application or Registration Number
    
	
BLUE   CREEK COAL
    	
 
    	
85/044679
    
	
WALTER   COKE
    	
 
    	
4268529
    
	
W   WALTER ENERGY AND DESIGN
    	
 
    	
4264857
    
	
WALTER   MINERALS
    	
 
    	
4264850
    
	
WALTER   ENERGY
    	
 
    	
4264849
    


 

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