exv10w61



 



Exhibit
10.61



TRADEMARK SECURITY AGREEMENT




     Trademark Security Agreement, dated as of November 30, 2007, by Smith & Wesson Corp., a
Delaware corporation, Smith & Wesson Holding Corporation, a Nevada corporation, Thompson/Center
Arms Company, Inc., a New Hampshire corporation, and Bear Lake Holdings, Inc., a Delaware
corporation (collectively, the “Pledgors”), in favor of Toronto Dominion (Texas) LLC, in
its capacity as Administrative Agent pursuant to the Credit Agreement (in such capacity, the
“Administrative Agent”).



WITNESSETH:




     WHEREAS, the Pledgors are party to a Pledge and Security Agreement, dated as of
November 30, 2007 (as amended, restated, supplemented or otherwise modified from time to time, the
“Security Agreement”) in favor of the Administrative Agent pursuant to which the Pledgors
are required to execute and deliver this Trademark Security Agreement;



     NOW, THEREFORE, in consideration of the premises and to induce the Administrative
Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement, the Pledgors
hereby agree with the Administrative Agent as follows:



     SECTION 1. Defined Terms. Unless otherwise defined herein, terms defined in the
Security Agreement and used herein have the meaning given to them in the Security Agreement.



     SECTION 2. Confirmation of Grant of Security Interest in Trademark Collateral. The
Pledgors hereby confirm the grant to the Administrative Agent for the benefit of the Secured
Parties in the Security Agreement of a lien on and security interest in and to all of their right,
title and interest in, to and under all the following Pledged Collateral of the Pledgors:




     (a) Trademarks of the Pledgors, including but not limited to the Trademarks listed on
Schedule A attached hereto , in each case whether now owned or existing or hereafter
acquired or arising and wherever located;




     (b) all Goodwill associated with such Trademarks; and




     (c) all Proceeds of any and all of the foregoing (other than Excluded Property).



     SECTION 3. Security Agreement. The Pledgors hereby acknowledge and affirm that the
rights and remedies of the Administrative Agent with respect to the security interest in the
Trademarks confirmed hereby are more fully set forth in the Security Agreement, the terms and
provisions of which are incorporated by reference herein as if fully set forth herein. In the
event that any provision of this Trademark Security Agreement is deemed to conflict with the
Security Agreement, the provisions of the Security Agreement shall control unless the
Administrative Agent shall otherwise determine.



     SECTION 4. Termination. Upon the payment in full of the Obligations (other than
contingent indemnification obligations) and automatic termination of the Security Agreement, the
Administrative Agent shall execute, acknowledge, and deliver to the Pledgors an instrument



 









 




in writing in recordable form evidencing the release of the collateral pledge, grant,
assignment, lien and security interest in the Trademarks under the Security Agreement and this
Trademark Security Agreement.




     SECTION 5. Counterparts. This Trademark Security Agreement may be executed in any
number of counterparts, all of which shall constitute one and the same instrument, and any party
hereto may execute this Trademark Security Agreement by signing and delivering one or more
counterparts.



[Signature Page Follows]




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[Signature Page to Smith & Wesson Corp. Trademark Security Agreement]




     IN WITNESS WHEREOF, the Pledgors have caused this Trademark Security Agreement to be
executed and delivered by its duly authorized offer as of the date first set forth above.



	 	 	 	 	 
	 	Very truly yours,



SMITH & WESSON CORP.

 	 
	 	By:  	/s/ John A. Kelly 	 
	 	 	Name:  	John A. Kelly 	 
	 	 	Title:  	Vice President 	 
	 



	 	 	 	 	 
	 	SMITH & WESSON HOLDING CORPORATION

 	 
	 	By:  	/s/ John A. Kelly 	 
	 	 	Name:  	John A. Kelly 	 
	 	 	Title:  	Vice President 	 
	 



	 	 	 	 	 
	 	THOMPSON/CENTER ARMS COMPANY, INC.

 	 
	 	By:  	/s/ John A. Kelly 	 
	 	 	Name:  	John A. Kelly 	 
	 	 	Title:  	Vice President 	 
	 



	 	 	 	 	 
	 	BEAR LAKE HOLDINGS, INC.

 	 
	 	By:  	/s/ John A. Kelly 	 
	 	 	Name:  	John A. Kelly 	 
	 	 	Title:  	Vice President 	 



 









 








Accepted and Agreed:




TORONTO DOMINION (TEXAS) LLC,

as Administrative Agent





	 	 	 	 	 
	By:  	/s/ Ian Murray 	 	 
	 	Name: 	Ian Murray  	 	 
	 	Title: 	Authorized Signatory  	 	 





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SCHEDULE A

TRADEMARKS




OWNER: SMITH & WESSON CORP.




	 	 	 	 	 
	 	 	FILING DATE	 	 
	TRADEMARK	 	REGISTRATION NO.	 	 
	”.357" MAGNUM

	 	4/23/35

323,654	 	 
	AIRLITE

	 	5/26/98

2,160,999	 	 
	AIRLITE SC (and Design)

	 	8/7/01

2,475,687	 	 
	AIRLITE TI (Stylized)

	 	10/29/02

2,641,461	 	 
	AIRWEIGHT

	 	2/16/54

585,831	 	 
	BODYGUARD

	 	8/9/94

1,849,219	 	 
	CARRY COMP

	 	7/14/98

2,172,420	 	 
	CHIEF’S SPECIAL

	 	2/24/76

1,034,286	 	 
	CLUB 1852

	 	1/24/06

3,049,932	 	 
	COMBAT MAGNUM

	 	12/16/80

1,143,296	 	 
	GUN HAMMER & TRIGGER COLORING (and Design)

	 	1/12/26

0,207,951	 	 
	HERITAGE SERIES

	 	5/6/03

2,714,414	 	 
	LADY SMITH (Stylized)

	 	1/23/90

1,578,910	 	 
	MAGNUM

	 	5/6/03

2,713,007	 	 
	MAGNUM

	 	6/4/35

324,894	 	 
	MOUNTAIN GUN

	 	8/16/94

1,850,300	 	 
	MOUNTAIN LITE

	 	9/18/01

2,490,870	 	 
	S&W PERFORMANCE CENTER (and Design)

	 	3/3/92

1,677,907	 	 






 









 






	 	 	 	 	 
	 	 	FILING DATE	 	 
	TRADEMARK	 	REGISTRATION NO.	 	 
	RAIN SHIELD

	 	7/6/04

2,860,968	 	 
	S&W (Letters)

	 	10/14/13

93767	 	 
	S&W MONOGRAM (NEW LOGO) (and Design)

	 	11/21/06

3174786	 	 
	S&W MONOGRAM (NEW LOGO) (and Design)

	 	10/20/92

1,724,977	 	 
	S&W MONOGRAM (NEW LOGO) (and Design)

	 	3/9/93

1,757,500	 	 
	S&W MONOGRAM (NEW LOGO) (and Design)

	 	9/20/77

1,073,794	 	 
	SHORTY

	 	6/30/98

2,169,090	 	 
	SMITH & WESSON

	 	11/7/06

3169365	 	 
	SMITH & WESSON

	 	11/8/88

1,511,511	 	 
	SMITH & WESSON

	 	7/19/77

1,069,977	 	 
	SMITH & WESSON

	 	8/4/92

1,704,640	 	 
	SMITH & WESSON (Stylized)

	 	2/3/14

95164	 	 
	SMITH & WESSON ACADEMY (and Design)

	 	8/7/01

2,475,890	 	 
	SMITH & WESSON PERFORMANCE CENTER

	 	10/8/91

1,660,123	 	 
	SW (and Design)

	 	6/20/00

2,359,691	 	 
	S&W MONOGRAM (OLD LOGO) (and Design)

	 	10/14/13

93766	 	 
	SW (and Design)

	 	9/20/77

1,073,794	 	 
	SW SMITH & WESSON COLLECTORS ASSOCIATION
(and Design)

	 	2/27/96

1,958,275	 	 
	TEXAS HOLD’EM

	 	4/25/06

3,085,199	 	 
	THE SIGMA SERIES

	 	8/1/95

1,909,269	 	 
	M&P MILITARY POLICE (Stylized)

	 	11/13/2007

3,336,344	 	 






 









 






	 	 	 	 	 
	 	 	FILING DATE	 	 
	TRADEMARK	 	REGISTRATION NO.	 	 
	PROTECTED BY SMITH & WESSON

	 	Serial No. 78/919,216 (Pending)	 	 
	M&P SMITH & WESSON MILITARY & POLICE (Stylized)

	 	Serial No. 78/677,811 (Pending)	 	 
	MILITARY POLICE (Stylized and/or Design)

	 	Serial No. 78/619,034 (Pending)	 	 
	S&W MONOGRAM (NEW LOGO) (and Design)

	 	Serial No. 78/727,817 (Pending)	 	 
	SMITH & WESSON

	 	Serial No. 78/727,792 (Pending)	 	 
	SMITH & WESSON

	 	Serial No. 78/618,451 (Pending)	 	 
	1000 SERIES

	 	11/03/06

Serial No. 77/036,739 (Pending)	 	 
	ALLIED FORCES

	 	11/30/06

Serial No. 77/054,464 (Pending)	 	 
	ELITE GOLD

	 	09/29/06

Serial No. 77/011,008 (Pending)	 	 
	ELITE SERIES

	 	11/07/06

Serial No. 77/038,337 (Pending)	 	 
	ELITE SILVER

	 	09/29/06

Serial No. 77/011,027 (Pending)	 	 
	I-BOLT

	 	09/29/06

Serial No. 77/010,641 (Pending)	 	 
	S&W 500

	 	08/15/07

Serial No. 77/256,256 (Pending)	 	 
	SMITH & WESSON HEIRLOOM WARRANTY

	 	10/27/06

Serial No. 77/031,477 (Pending)	 	 
	 
	OWNER: SMITH & WESSON HOLDING CORPORATION	 	 
	 	 	 	 	 
	 	 	FILING DATE	 	 
	TRADEMARK	 	REGISTRATION NO.	 	 
	VERSAVAULT

	 	12/16/03

2,795,541	 	 
	SAF-T-HAMMER (and Design)

	 	03/04/03

2692585	 	 
	SAF-T-TRIGGER

	 	11/05/02

2647540	 	 






 









 





OWNER: THOMPSON CENTER ARMS COMPANY, INC.



	 	 	 	 	 
	 	 	FILING DATE	 	 
	TRADEMARK	 	REGISTRATION NO.	 	 
	FLINT RIVER

	 	02/20/07

3210441	 	 
	MAG EXPRESS

	 	06/12/07

3251026	 	 
	MAXIMA

	 	12/19/06

3186830	 	 
	NUMBER 13

	 	08/22/06

3132600	 	 
	R55

	 	12/19/06

3186829	 	 
	T/C

	 	02/20/07

3210440	 	 
	TC (and Design)

	 	02/13/07

3207677	 	 
	U-VIEW

	 	02/13/07

3208075	 	 
	XR

	 	01/09/07

3196396	 	 
	AMERICA’S MASTER GUNMAKER

	 	08/15/06

3131465	 	 
	BENCHMARK

	 	03/27/07

3221572	 	 
	CONTENDER

	 	06/12/07

3251768	 	 
	POWER ROD

	 	11/20/07

3338956	 	 
	FLEXTECH

	 	10/16/07

3314141	 	 
	GORILLA GRIP

	 	10/30/07

3327213	 	 
	SPEED BREECH

	 	10/16/07

3314142	 	 
	SWING HAMMER

	 	10/16/07

3314296	 	 
	T17

	 	10/16/07

3314423	 	 
	TRIUMPH

	 	10/16/07

3314640	 	 
	FLINT RIVER

	 	08/24/05

Serial No. 78/699,927 (Pending)	 	 






 









 






	 	 	 	 	 
	 	 	FILING DATE	 	 
	TRADEMARK	 	REGISTRATION NO.	 	 
	GAME TRAILS

	 	08/25/05

Serial No. 78/700,223 (Pending)	 	 
	ICON

	 	05/16/06

Serial No. 78/885,028 (Pending)	 	 
	OMEGA

	 	08/24/05

Serial No. 78/699,386 (Pending)	 	 
	OMEGA

	 	08/24/05

Serial No. 78/699,907 (Pending)	 	 
	POWER CELL

	 	08/24/05

Serial No. 78/699,929 (Pending)	 	 
	SHOCK WAVE

	 	02/01/06

Serial No. 78/804,535 (Pending)	 	 
	T7

	 	02/01/06

Serial No. 78/804,481 (Pending)	 	 
	WARLORD

	 	08/10/06

Serial No. 78/949,717 (Pending)	 	 
	WEATHER SHIELD

	 	10/02/06

Serial No. 77/011,622 (Pending)	 	 
	 
	OWNER: BEAR LAKE HOLDINGS, INC.
	 	 	 	 	 
	 	 	FILING DATE	 	 
	TRADEMARK	 	REGISTRATION NO.	 	 
	ENCORE

	 	03/02/99

2227763	 	 
	ENCORE (and Design)

	 	04/06/99

2236581	 	 
	MAXI-HUNTER

	 	01/19/88

1473059	 	 
	PRE-LUBER

	 	10/25/88

1510055	 	 
	QLA

	 	06/15/99

2252792	 	 
	QLA QUICK LOAD ACCURIZOR TC (and Design)

	 	02/23/99

2225456	 	 
	QUICK LOAD ACCURIZOR

	 	07/06/99

2260092