Intellectual Property Security Agreement, dated as of April 10, 2007



 Exhibit 10.21 
 EXECUTION VERSION 
  

 INTELLECTUAL PROPERTY SECURITY AGREEMENT 
 dated as of 
 April 10, 2007 
 among 
 PTS ACQUISITION CORP., 
 as Borrower (prior to
the Acquisition), 
 CARDINAL HEALTH 409, INC., 
 as Borrower (after the Acquisition), 
 PTS INTERMEDIATE HOLDINGS LLC, 
 as Holdings, 
 CERTAIN SUBSIDIARIES OF HOLDINGS

 IDENTIFIED HEREIN 
 and

 MORGAN STANLEY SENIOR FUNDING, INC., 
 as Collateral Agent 
  









					
		  	TABLE OF CONTENTS	  	
			
		  	ARTICLE I	  	
			
		  	DEFINITIONS	  	
	 SECTION 1.01.
	  	 Credit Agreement
	  	1
	 SECTION 1.02.
	  	 Other Defined Terms
	  	1
			
		  	ARTICLE II	  	
			
		  	SECURITY INTERESTS	  	
			
	 SECTION 2.01.
	  	 Security Interest
	  	3
	 SECTION 2.02.
	  	 Representations and Warranties
	  	4
	 SECTION 2.03.
	  	 Covenants
	  	6
	 SECTION 2.04.
	  	 Additional Covenants
	  	7
			
		  	ARTICLE III	  	
			
		  	REMEDIES	  	
			
	 SECTION 3.01.
	  	 Remedies Upon Default
	  	8
	 SECTION 3.02.
	  	 Application of Proceeds
	  	10
	 SECTION 3.03.
	  	 Grant of License to Use Intellectual Property
	  	10
			
		  	ARTICLE IV	  	
			
		  	INDEMNITY, SUBROGATION AND SUBORDINATION	  	
			
	 SECTION 4.01.
	  	 Indemnity
	  	10
	 SECTION 4.02.
	  	 Contribution and Subrogation
	  	11
	 SECTION 4.03.
	  	 Subordination
	  	11
			
		  	ARTICLE V	  	
			
		  	MISCELLANEOUS	  	
			
	 SECTION 5.01.
	  	 Notices
	  	11
	 SECTION 5.02.
	  	 Waivers; Amendment
	  	11
	 SECTION 5.03.
	  	 Collateral Agent’s Fees and Expenses; Indemnification
	  	12
	 SECTION 5.04.
	  	 Successors and Assigns
	  	12
	 SECTION 5.05.
	  	 Survival of Agreement
	  	12
	 SECTION 5.06.
	  	 Counterparts; Effectiveness; Several Agreement
	  	13
	 SECTION 5.07.
	  	 Severability
	  	13
	 SECTION 5.08.
	  	 Right of Set-Off
	  	13
	 SECTION 5.09.
	  	 Governing Law; Jurisdiction
	  	14
	 SECTION 5.10.
	  	 WAIVER OF JURY TRIAL
	  	14
	 SECTION 5.11.
	  	 Headings
	  	14
	 SECTION 5.12.
	  	 Security Interest Absolute
	  	14
	 SECTION 5.13.
	  	 Termination or Release
	  	15

  


					
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	 SECTION 5.14.
	  	 Additional Restricted Subsidiaries
	  	15
	 SECTION 5.15.
	  	 General Authority of the Collateral Agent
	  	15
	 SECTION 5.16.
	  	 Collateral Agent Appointed Attorney-in-Fact
	  	16

 Schedules 
  

			
	 SCHEDULE I
	  	 Intellectual Property

	 SCHEDULE II
	  	 Jointly Owned Intellectual Property

	 SCHEDULE III
	  	 Post Closing Actions


 Exhibits 
  

			
	 EXHIBIT I
	  	 Form of Short Form Intellectual Property Security Agreement

	 EXHIBIT II
	  	 Form of Intellectual Property Security Agreement Supplement

		  	 (Additional Collateral)

	 EXHIBIT III
	  	 Form of Intellectual Property Security Agreement Supplement

		  	 (Additional Restricted Subsidiary)


  


					
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 INTELLECTUAL PROPERTY SECURITY AGREEMENT 
 INTELLECTUAL PROPERTY SECURITY AGREEMENT dated as of April 10, 2007, among PTS ACQUISITION CORP., a Delaware corporation to be merged with and into
CARDINAL HEALTH 409, INC., a Delaware corporation, PTS INTERMEDIATE HOLDINGS LLC, a Delaware limited liability company, the Subsidiaries of Holdings from time to time party hereto and MORGAN STANLEY SENIOR FUNDING, INC., as Collateral Agent for the
Secured Parties. 
 Reference is made to the Credit Agreement dated as of April 10, 2007 (as amended, supplemented or otherwise modified
from time to time, the “Credit Agreement”), among the Borrower, Holdings, Morgan Stanley Senior Funding, Inc., as Administrative Agent, Collateral Agent and Swing Line Lender, Bank of America N.A., as L/C Issuer and each Lender from
time to time party thereto. The Lenders have agreed to extend credit to the Borrower subject to the terms and conditions set forth in the Credit Agreement. The obligations of the Lenders to extend such credit are conditioned upon, among other
things, the execution and delivery of this Agreement. Holdings and each Grantor are affiliates of the Borrower, will derive substantial benefits from the extension of credit to the Borrower pursuant to the Credit Agreement and are willing to execute
and deliver this Agreement in order to induce the Lenders to extend such credit. Accordingly, the parties hereto agree as follows: 
 ARTICLE I 
 DEFINITIONS 
 SECTION 1.01. Credit Agreement. 
 (a) Capitalized terms used in this Agreement and not otherwise
defined herein have the meanings specified in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term “instrument” shall have the
meaning specified in Article 9 of the New York UCC. 
 (b) The rules of construction specified in Article I of the Credit Agreement also
apply to this Agreement. 
 SECTION 1.02. Other Defined Terms. As used in this Agreement, the following terms have the meanings
specified below: 
 “Agreement” means this Intellectual Property Security Agreement. 
 “Claiming Party” has the meaning assigned to such term in Section 4.02. 
 “Collateral” has the meaning assigned to such term in Section 2.01. 
 “Contributing Party” has the meaning assigned to such term in Section 4.02. 
 “Copyright License” means any written agreement, now or hereafter in effect, granting any right to any third party under any Copyright
now owned or hereafter acquired by any Grantor or that such Grantor otherwise has the right to license, or granting any right to any Grantor under any Copyright now or hereafter owned by any third party, and all rights of such Grantor under any such
agreement. 
 “Copyrights” means all of the following now owned or hereafter acquired by any Grantor: (a) all copyright
rights in any work subject to the copyright laws of the United States or any 

  


					
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other country, whether as author, assignee, transferee or otherwise, and (b) all registrations and applications for registration of any such copyright
in the United States or any other country, including registrations in the United States Copyright Office, including those listed on Schedule I. 
 “Credit Agreement” has the meaning assigned to such term in the preliminary statement of this Agreement. 
 “Grantor” means each of Holdings, the Borrower and each Restricted Subsidiary (other than any Excluded Subsidiary) that is a wholly-owned Material Domestic Subsidiary. 
 “Intellectual Property” means all intellectual and similar property of every kind and nature now owned or hereafter acquired by any
Grantor, including inventions, designs, Patents, Copyrights, Licenses, Trademarks, trade secrets, confidential or proprietary technical and business information, know-how, show-how or other proprietary data or information, the intellectual property
rights in software and databases and related documentation, and all additions and improvements to any of the foregoing. 
 “Intellectual Property Security Agreement Supplement” means an instrument in the form of Exhibit II or Exhibit III hereto. 
 “License” means any Patent License, Trademark License, Copyright License or other Intellectual Property license or sublicense agreement to which any Grantor is a party. 
 “New York UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York. 
 “Patent License” means any written agreement, now or hereafter in effect, granting to any third party any right to make, use or sell any
invention on which a Patent, now owned or hereafter acquired by any Grantor or that any Grantor otherwise has the right to license, or granting to any Grantor any right to make, use or sell any invention on which a Patent, now owned or hereafter
acquired by any third party, and all rights of any Grantor under any such agreement. 
 “Patents” means all of the following
now owned or hereafter acquired by any Grantor: (a) all letters patent of the United States or the equivalent thereof in any other country, all registrations thereof, and all applications for letters patent of the United States or the
equivalent thereof in any other country, including registrations and pending applications in the United States Patent and Trademark Office or any similar offices in any other country, including those listed on Schedule I, and (b) all
reissues, continuations, divisions, continuations-in-part, renewals or extensions thereof, and the inventions disclosed or claimed therein, including the right to make, use and/or sell the inventions disclosed or claimed therein. 
 “Perfection Certificate” means a certificate substantially in the form of Exhibit II to the Security Agreement, completed and
supplemented with the schedules and attachments contemplated thereby, and duly executed by the chief financial officer and the chief legal officer of the Borrower. 
 “Proceeds” has the meaning specified in Section 9-102 of the New York UCC. 
 “Security Interest” has the meaning assigned to such term in Section 2.01(a). 
 “Trademark
License” means any written agreement, now or hereafter in effect, granting to any third party any right to use any Trademark now owned or hereafter acquired by any Grantor or that 

  


					
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any Grantor otherwise has the right to license, or granting to any Grantor any right to use any Trademark now owned or hereafter acquired by any third party,
and all rights of any Grantor under any such agreement. 
 “Trademarks” means all of the following now owned or hereafter
acquired by any Grantor: (a) all trademarks, service marks, trade names, domain names, corporate names, company names, business names, fictitious business names, trade styles, trade dress, logos, other source or business identifiers, designs
and general intangibles of like nature, now owned or hereafter used, adopted or acquired, and all registrations and applications filed in connection therewith, including registrations and registration applications in the United States Patent and
Trademark Office or any similar offices in any State of the United States or any other country or any political subdivision thereof, and all extensions or renewals thereof, including those listed on Schedule I, and (b) all goodwill
associated therewith or symbolized thereby. 
 ARTICLE II 
 SECURITY INTERESTS 
 SECTION 2.01. Security Interest. (a) As security for the payment or
performance, as the case may be, in full of the Obligations, including the Guaranty, each Grantor hereby assigns and pledges to the Collateral Agent, its successors and assigns, for the benefit of the Secured Parties, and hereby grants to the
Collateral Agent, its successors and assigns, for the benefit of the Secured Parties, a security interest (the “Security Interest”) in all right, title or interest in or to any and all of the following assets and properties
now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Collateral”): 
 (i) all Copyrights; 
 (ii) all Patents; 
 (iii) all Trademarks; 
 (iv) all Licenses; 
 (v) all other Intellectual Property; and 
 (vi) to the extent not otherwise included, all Proceeds and products of
any and all of the foregoing and all supporting obligations, collateral security and guarantees given by any Person with respect to any of the foregoing. 
 provided, however, that notwithstanding any of the other provisions herein (and notwithstanding any recording of the Collateral Agent’s Lien made in the U.S. Patent and Trademark Office, U.S. Copyright
Office, or other registry office in any other jurisdiction), this Agreement shall not constitute a grant of a security interest in any property to the extent that such grant of a security interest is prohibited by any rule of law, statute or
regulation or is prohibited by, or constitutes a breach or default under or results in the termination of or gives rise to any right of acceleration, modification or cancellation under any contract, license, agreement, instrument or other document
evidencing or giving rise to a Grantor’s right to use such property, or would result in the forfeiture of the Grantors’ rights in the property including, without limitation, any 

  


					
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Trademark applications filed in the United States Patent and Trademark Office on the basis of such Grantor’s “intent-to-use” such trademark,
unless and until acceptable evidence of use of the Trademark has been filed with and accepted by the United States Patent and Trademark Office pursuant to Section 1(c) or Section 1(d) of the Lanham Act (15 U.S.C. 1051, et seq.), to the
extent that granting a lien in such Trademark application prior to such filing would adversely affect the enforceability or validity of such Trademark application. 
 (b) Each Grantor hereby irrevocably authorizes the Collateral Agent for the benefit of the Secured Parties at any time and from time to time to file in any relevant jurisdiction any initial financing statements with
respect to the Collateral or any part thereof and amendments thereto that contain the information required by Article 9 of the Uniform Commercial Code or the analogous legislation of each applicable jurisdiction for the filing of any financing
statement or amendment, including whether such Grantor is an organization, the type of organization and any organizational identification number issued to such Grantor. Each Grantor agrees to provide such information to the Collateral Agent promptly
upon request. 
 The Collateral Agent is further authorized to file with the United States Patent and Trademark Office or United States
Copyright Office (or any successor office or any similar office in any other country) such documents as may be necessary or advisable for the purpose of perfecting, confirming, continuing, enforcing or protecting the Security Interest granted by
each Grantor, without the signature of any Grantor (only if such signature cannot reasonably be obtained by the Collateral Agent), and naming any Grantor or the Grantors as debtors and the Collateral Agent as secured party. 
 (c) The Security Interest is granted as security only and shall not subject the Collateral Agent or any other Secured Party to, or in any way alter or
modify, any obligation or liability of any Grantor with respect to or arising out of the Collateral. 
 SECTION 2.02. Representations and
Warranties. Holdings and the Borrower jointly and severally represent and warrant, as to themselves and the other Grantors, to the Collateral Agent and the other Secured Parties that: 
 (a) Schedule I hereto sets forth a list of all registrations and applications for registration of Copyrights, Patents and Trademarks owned as of the date
hereof by each Grantor. Schedule II hereto sets forth a list of all registrations and applications for registration of Copyrights, Patents and Trademarks jointly owned as of the date hereof by a Grantor and any third party. Except as would not,
either individually or in the aggregate, be expected to have a Material Adverse Effect, each Grantor has good and valid rights in and title to (or with respect to the Intellectual Property set forth on Schedule II hereto, a joint ownership interest
in) the Collateral with respect to which it has purported to grant a Security Interest hereunder and has full power and authority to grant to the Collateral Agent the Security Interest in such Collateral pursuant hereto and to execute, deliver and
perform its obligations in accordance with the terms of this Agreement, without the consent or approval of any other Person other than any consent or approval that has been obtained. 
 (i) The Perfection Certificate has been duly prepared, completed and executed and the information set forth therein, including the exact
legal name of each Grantor, is correct and complete in all material respects as of the Closing Date. 
 (ii) The Uniform
Commercial Code financing statements (including fixture filings, as applicable) or other appropriate filings, recordings or registrations prepared by the Collateral Agent based upon the information provided to the Collateral Agent in the Perfection
Certificate 

  


					
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for filing in each governmental, municipal or other office specified in Schedule 6 to the Perfection Certificate (or specified by notice from the Borrower to
the Collateral Agent after the Closing Date in the case of filings, recordings or registrations required by Section 6.11 of the Credit Agreement), are all the filings, recordings and registrations (other than filings required to be made in the
United States Patent and Trademark Office and the United States Copyright Office in order to perfect the Security Interest in Collateral consisting of United States registrations and applications for Patents, Trademarks and Copyrights) that are
necessary to establish a valid and perfected security interest in favor of the Collateral Agent (for the benefit of the Secured Parties) in respect of all Collateral in which the Security Interest may be perfected by filing, recording or
registration in the United States (or any political subdivision thereof) and its territories and possessions, and no further or subsequent filing, refiling, recording, rerecording, registration or reregistration is necessary in any such
jurisdiction, except as provided under applicable law with respect to the filing of continuation statements. 
 (iii) Each
Grantor represents and warrants that a fully executed agreement in the form of Exhibit I hereto and containing a description of all Collateral consisting of United States Patents and United States registered Trademarks (and Trademarks for
which United States registration applications are pending) and United States registered Copyrights has been delivered to the Collateral Agent for recording by the United States Patent and Trademark Office and the United States Copyright Office
pursuant to 35 U.S.C. § 261, 15 U.S.C. § 1060 or 17 U.S.C. § 205 and the regulations thereunder, as applicable, and otherwise as may be required pursuant to the laws of any other necessary jurisdiction, to establish a valid and
perfected security interest in favor of the Collateral Agent (for the benefit of the Secured Parties) in respect of all Collateral consisting of registrations and applications for Patents, Trademarks and Copyrights in which a security interest may
be perfected by filing, recording or registration in the United States (or any political subdivision thereof) and its territories and possessions under the Federal intellectual property laws, and no further or subsequent filing, refiling, recording,
rerecording, registration or reregistration is necessary (other than (i) such filings and actions as are necessary to perfect the Security Interest with respect to any Collateral consisting of registrations and applications for Patents,
Trademarks and Copyrights acquired or developed by any Grantor after the date hereof, (ii) such actions as may be required under the laws of jurisdictions outside the United States with respect to Collateral created under such laws, and
(iii) the filing of Uniform Commercial Code financing and continuation statements contemplated in subsection (ii) of this Section 2.02(a)). 
 (b) The Security Interest constitutes (i) a valid security interest in all the Collateral securing the payment and performance of the Obligations, including the Guaranty, (ii) subject to the filings
described in Section 2.02(a), a perfected security interest in all Collateral in which a security interest may be perfected by filing, recording or registering a financing statement or analogous document in the United States (or any political
subdivision thereof) and its territories and possessions pursuant to the Uniform Commercial Code and (iii) a security interest that shall be perfected in all Collateral in which a security interest may be perfected upon the receipt and
recording of this Agreement (or a fully executed short form agreement in form and substance reasonably satisfactory to the Collateral Agent and the Borrower) with the United States Patent and Trademark Office and the United States Copyright Office,
as applicable, within the three-month period (commencing as of the date hereof) pursuant to 35 U.S.C. § 261 or 15 U.S.C. § 1060 or the one-month period (commencing as of the date hereof) pursuant to 17 U.S.C. § 205 and otherwise as
may be required pursuant to the laws of any other necessary jurisdiction. The Security Interest is and shall be prior to any other Lien on any of the Collateral, other than (i) any nonconsensual Lien that is expressly permitted pursuant to
Section 7.01 of the Credit Agreement and has priority as a matter of law and (ii) Liens expressly permitted pursuant to Section 7.01 of the Credit Agreement. 
  


					
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 (c) The Collateral, which is owned, in whole or in part by any Grantor, is owned by such Grantor free and
clear of any Lien, except for Liens expressly permitted pursuant to Section 7.01 of the Credit Agreement. None of the Grantors has filed or consented to the filing of (i) any financing statement or analogous document under the Uniform
Commercial Code or any other applicable laws covering any Collateral, (ii) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral with the United States Patent and
Trademark Office or the United States Copyright Office or (iii) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral with any foreign governmental, municipal or other
office, which financing statement or analogous document, assignment, security agreement or similar instrument is still in effect, except, in each case, for Liens expressly permitted pursuant to Section 7.01 of the Credit Agreement. 

SECTION 2.03. Covenants. 
 (a) The
Borrower agrees promptly to notify the Collateral Agent in writing of any change (i) in legal name of any Grantor, (ii) in the identity or type of organization or corporate structure of any Grantor, or (iii) in the jurisdiction of
organization of any Grantor. 
 (b) Each Grantor shall, at its own expense, take any and all commercially reasonable actions necessary to
defend title to the Collateral against all Persons and to defend the Security Interest of the Collateral Agent in the Collateral and the priority thereof against any Lien not expressly permitted pursuant to Section 7.01 of the Credit Agreement.

 (c) Each year, at the time of delivery of annual financial statements with respect to the preceding fiscal year pursuant to
Section 6.01 of the Credit Agreement, the Borrower shall deliver to the Collateral Agent a certificate executed by the chief financial officer and the chief legal officer of the Borrower setting forth the information required pursuant to
Sections 1(a), 1(c), 1(e), 1(f), 2(b), and 9 of the Perfection Certificate or confirming that there has been no change in such information since the date of such certificate or the date of the most recent certificate delivered pursuant to this
Section 2.03(c) and certifying that all UCC financing statements and other appropriate filings, recordings or registrations have been filed of record in each governmental, municipal or other appropriate office in each jurisdiction necessary to
protect and perfect the Security Interests and Liens under this Agreement and the Security Agreement for a period of not less than eighteen months after the date of such certificate (except as noted therein with respect to any continuation
statements to be filed within such period). 
 (d) The Borrower agrees, on its own behalf and on behalf of each other Grantor, (i) at
the reasonable request of the Collateral Agent and at its own expense, to execute, acknowledge, deliver and cause to be duly filed all such further instruments and documents, and (ii) to take all such actions as the Collateral Agent may from
time to time reasonably request, to better assure, preserve, protect and perfect the Security Interest and the rights and remedies created hereby, including the payment of any fees and taxes required in connection with the execution and delivery of
this Agreement, the granting of the Security Interest and the filing of any financing statements or other documents in connection herewith or therewith. If any amount payable under or in connection with any of the Collateral that is in excess of
$5,000,000 shall be or become evidenced by any promissory note or other instrument, such note or instrument shall be promptly pledged and delivered to the Collateral Agent, for the benefit of the Secured Parties, duly endorsed in a manner reasonably
satisfactory to the Collateral Agent. 
 Without limiting the generality of the foregoing, each Grantor hereby authorizes the Collateral
Agent, with prompt notice thereof to the Grantors, to supplement this Agreement by supplementing Schedule I or adding additional schedules hereto to specifically identify any asset or item that may constitute a registration or application for
Copyrights, Patents or Trademarks; provided that any 

  


					
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Grantor shall have the right, exercisable within ten days after it has been notified by the Collateral Agent of the specific identification of such
Collateral, to advise the Collateral Agent in writing of any inaccuracy of the representations and warranties made by such Grantor hereunder with respect to such Collateral. Each Grantor agrees that it will use its best efforts to take such action
as shall be necessary in order that all representations and warranties hereunder shall be true and correct with respect to such Collateral within 30 days after the date it has been notified by the Collateral Agent of the specific identification of
such Collateral. 
 (e) At its option, the Collateral Agent may discharge past due taxes, assessments, charges, fees, Liens, security
interests or other encumbrances at any time levied or placed on the Collateral and not permitted pursuant to Section 7.01 of the Credit Agreement, and may pay for the maintenance and preservation of the Collateral to the extent any Grantor
fails to do so as required by the Credit Agreement or this Agreement and within a reasonable period of time after the Collateral Agent has requested that it do so, and each Grantor jointly and severally agrees to reimburse the Collateral Agent
within ten days after demand for any payment made or any reasonable expense incurred by the Collateral Agent pursuant to the foregoing authorization; provided, however, Grantors shall not be obligated to reimburse the Collateral Agent
with respect to any Intellectual Property Collateral which any Grantor has failed to maintain or pursue, or otherwise allowed to lapse, terminate or be put into the public domain, in accordance with Section 2.04(f). Nothing in this paragraph
shall be interpreted as excusing any Grantor from the performance of, or imposing any obligation on the Collateral Agent or any Secured Party to cure or perform, any covenants or other promises of any Grantor with respect to taxes, assessments,
charges, fees, Liens, security interests or other encumbrances and maintenance as set forth herein or in the other Loan Documents. 
 (f)
Each Grantor (rather than the Collateral Agent or any Secured Party) shall remain liable (as between itself and any relevant counterparty) to observe and perform all the conditions and obligations to be observed and performed by it under each
contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the other Secured Parties
from and against any and all liability for such performance. 
 (g) On or prior to a date that is thirty (30) days after the Closing
Date, or such later date as the Collateral Agent may reasonably determine after any request for extension by the Borrower, the Collateral Agent shall receive a certificate from the Borrower confirming that all actions set forth on Schedule III have
been completed (with the exception of, if appropriate, any actions that the Borrower certifies as not being able to complete, after having taken all commercially reasonable efforts to complete such actions); provided, that, with respect to
any actions to be taken that have not been completed by such date, the Collateral Agent may determine in its sole reasonable judgment to waive such actions if it reasonably determines that the cost of completing such action is excessive in relation
to the value to the Secured Parties of the security to be afforded thereby. In addition, the Borrower shall take all commercially reasonable actions to complete the actions set forth on Schedule III as soon as reasonably practical after the Closing
Date. 
 SECTION 2.04. Additional Covenants. 
 (a) Except to the extent failure to act could not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, with respect to any registration or pending application of each
item of its Collateral for which such Grantor has standing to do so, each Grantor agrees to take, at its expense, all reasonable steps, including, without limitation, in the U.S. Patent and Trademark Office, the U.S. Copyright Office and any other
governmental authority located in the United States, to (i) maintain the validity and enforceability of any registered Collateral (or applications therefor) 

  


					
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in full force and effect, and (ii) pursue the registration and maintenance of each Patent, Trademark, or Copyright registration or application, now or
hereafter included in such Collateral of such Grantor, including, without limitation, the payment of required fees and taxes, the filing of responses to office actions issued by the U.S. Patent and Trademark Office, the U.S. Copyright Office or
other governmental authorities, the filing of applications for renewal or extension, the filing of affidavits under Sections 8 and 15 or the U.S. Trademark Act, the filing of divisional, continuation, continuation-in-part, reissue and renewal
applications or extensions, the payment of maintenance fees and the participation in interference, reexamination, opposition, cancellation, infringement and misappropriation proceedings. 
 (b) Except as could not reasonably be expected to have a Material Adverse Effect, no Grantor shall do or permit any act or knowingly omit to do any act
whereby any of its Collateral may prematurely lapse, be terminated, or become invalid or unenforceable or placed in the public domain (or in the case of a trade secret, becomes publicly known). 
 (c) Except where failure to do so could not reasonably be expected to have a Material Adverse Effect, each Grantor shall take all reasonable steps to
preserve and protect each item of its Collateral, including, without limitation, maintaining the quality of any and all products or services used or provided in connection with any of the Trademarks, consistent with the quality of the products and
services as of the date hereof, and taking all reasonable steps necessary to ensure that all licensed users of any of the Trademarks abide by the applicable license’s terms with respect to the standards of quality. 
 (d) Each Grantor agrees that, should it obtain an ownership or other interest in any Collateral after the Closing Date (“After-Acquired
Intellectual Property”) (i) the provisions of this Agreement shall automatically apply thereto, and (ii) any such After-Acquired Intellectual Property shall automatically become part of the Collateral subject to the terms
and conditions of this Agreement with respect thereto. 
 (e) Once every fiscal quarter of the Borrower, with respect to issued or registered
Patents (or published applications therefor), registered Trademarks (or applications therefor), and registered Copyrights, each Grantor shall sign and deliver to the Collateral Agent an appropriate supplement to this Agreement substantially in the
form of Exhibit II hereto with respect to all such Intellectual Property owned by it as of the last day of such period, to the extent that such Intellectual Property is not covered by any previous Intellectual Property Security Agreement so signed
and delivered by it. In each case, it will promptly cooperate as reasonably necessary to enable the Collateral Agent to make any necessary or reasonably desirable recordations with the U.S. Copyright Office or the U.S. Patent and Trademark Office,
as appropriate. 
 (f) Nothing in this Agreement prevents any Grantor from disposing of, discontinuing the use or maintenance of, failing to
pursue, or otherwise allowing to lapse, terminate or be put into the public domain, any of its Collateral to the extent permitted by the Credit Agreement if such Grantor determines in its reasonable business judgment that such discontinuance is
desirable in the conduct of its business. 
 ARTICLE III 
 REMEDIES 
 SECTION 3.01. Remedies Upon Default. If an Event of Default occurs and is
continuing, each Grantor agrees to deliver each item of Collateral to the Collateral Agent on demand, and it is agreed that the Collateral Agent shall have the right, at the same or different times, with respect to any Collateral, on demand, to
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conveyance of any of or all such Collateral by the applicable Grantors to the Collateral Agent, or to license or sublicense, whether general, special or
otherwise, and whether on an exclusive or nonexclusive basis, any such Collateral throughout the world on such terms and conditions and in such manner as the Collateral Agent shall determine (other than in violation of any then-existing licensing
arrangements to the extent that waivers cannot be obtained), and, generally, to exercise any and all rights afforded to a secured party with respect to the Obligations under the Uniform Commercial Code or other applicable law. Without limiting the
generality of the foregoing, each Grantor agrees that the Collateral Agent shall have the right, subject to the mandatory requirements of applicable law and the notice requirements described below, to sell or otherwise dispose of all or any part of
the Collateral securing the Obligations at a public or private sale, for cash, upon credit or for future delivery as the Collateral Agent shall deem appropriate. Each such purchaser at any sale of Collateral shall hold the property sold absolutely,
free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent permitted by law) all rights of redemption, stay and appraisal which such Grantor now has or may at any time in the future have under any rule of
law or statute now existing or hereafter enacted. 
 The Collateral Agent shall give the applicable Grantors ten days’ written notice
(which each Grantor agrees is reasonable notice within the meaning of Section 9-611 of the New York UCC or its equivalent in other jurisdictions) of the Collateral Agent’s intention to make any sale of Collateral. Such notice, in the case
of a public sale, shall state the time and place for such sale. Any such public sale shall be held at such time or times within ordinary business hours and at such place or places as the Collateral Agent may fix and state in the notice (if any) of
such sale. At any such sale, the Collateral, or portion thereof, to be sold may be sold in one lot as an entirety or in separate parcels, as the Collateral Agent may (in its sole and absolute discretion) determine. The Collateral Agent shall not be
obligated to make any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral shall have been given. The Collateral Agent may, without notice or publication, adjourn any public or
private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for sale, and such sale may, without further notice, be made at the time and place to which the same was so adjourned. In case any sale of
all or any part of the Collateral is made on credit or for future delivery, the Collateral so sold may be retained by the Collateral Agent until the sale price is paid by the purchaser or purchasers thereof, but the Collateral Agent shall not incur
any liability in case any such purchaser or purchasers shall fail to take up and pay for the Collateral so sold and, in case of any such failure, such Collateral may be sold again upon like notice. At any public (or, to the extent permitted by law,
private) sale made pursuant to this Agreement, any Secured Party may bid for or purchase, free (to the extent permitted by law) from any right of redemption, stay, valuation or appraisal on the part of any Grantor (all said rights being also hereby
waived and released to the extent permitted by law), the Collateral or any part thereof offered for sale and may make payment on account thereof by using any claim then due and payable to such Secured Party from any Grantor as a credit against the
purchase price, and such Secured Party may, upon compliance with the terms of sale, hold, retain and dispose of such property without further accountability to any Grantor therefor. For purposes hereof, a written agreement to purchase the Collateral
or any portion thereof shall be treated as a sale thereof; the Collateral Agent shall be free to carry out such sale pursuant to such agreement and no Grantor shall be entitled to the return of the Collateral or any portion thereof subject thereto,
notwithstanding the fact that after the Collateral Agent shall have entered into such an agreement all Events of Default shall have been remedied and the Obligations paid in full. As an alternative to exercising the power of sale herein conferred
upon it, the Collateral Agent may proceed by a suit or suits at law or in equity to foreclose this Agreement and to sell the Collateral or any portion thereof pursuant to a judgment or decree of a court or courts having competent jurisdiction or
pursuant to a proceeding by a court-appointed receiver. Any sale pursuant to the provisions of this Section 3.01 shall be deemed to conform to the commercially reasonable standards as provided in Section 9-610(b) of the New York UCC or its
equivalent in other jurisdictions. 
  


					
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 SECTION 3.02. Application of Proceeds. 
 (a) The Collateral Agent shall apply the proceeds of any collection or sale of Collateral, including any Collateral consisting of cash, in accordance
with Section 8.04 of the Credit Agreement. 
 The Collateral Agent shall have absolute discretion as to the time of application of any such proceeds,
moneys or balances in accordance with this Agreement. Upon any sale of Collateral by the Collateral Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of the purchase money therefor by the
Collateral Agent or of the officer making the sale shall be a sufficient discharge to the purchaser or purchasers of the Collateral so sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase
money paid over to the Collateral Agent or such officer or be answerable in any way for the misapplication thereof. 
 (b) In making the
determinations and allocations required by this Section 3.02, the Collateral Agent may conclusively rely upon information supplied by the Administrative Agent as to the amounts of unpaid principal and interest and other amounts outstanding with
respect to the Obligations, and the Collateral Agent shall have no liability to any of the Secured Parties for actions taken in reliance on such information, provided that nothing in this sentence shall prevent any Grantor from contesting any
amounts claimed by any Secured Party in any information so supplied. All distributions made by the Collateral Agent pursuant to this Section 3.02 shall be (subject to any decree of any court of competent jurisdiction) final (absent manifest
error), and the Collateral Agent shall have no duty to inquire as to the application by the Administrative Agent of any amounts distributed to it. 
 SECTION 3.03. Grant of License to Use Intellectual Property. For the purpose of enabling the Collateral Agent to exercise rights and remedies under this Agreement at such time as the Collateral Agent shall be lawfully entitled to
exercise such rights and remedies, each Grantor shall, upon request by the Collateral Agent at any time after and during the continuance of an Event of Default, grant to the Collateral Agent an irrevocable (until the termination of the Credit
Agreement) nonexclusive license (exercisable without payment of royalty or other compensation to the Grantors) to use, license or, solely to the extent necessary to exercise such rights and remedies, sublicense any of the Collateral now owned or
hereafter acquired by such Grantor, and wherever the same may be located, and including in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer software and programs used for
the compilation or printout thereof; provided, however, that nothing in this Section 3.03 shall require Grantors to grant any license that is prohibited by any rule of law, statute or regulation or is prohibited by, or constitutes
a breach or default under or results in the termination of or gives rise to any right of acceleration, modification or cancellation under any contract, license, agreement, instrument or other document evidencing, giving rise to a right to use or
theretofore granted, to the extent permitted by the Credit Agreement, with respect to such property; provided, further, that such licenses to be granted hereunder with respect to Trademarks shall be subject to the maintenance of
quality standards with respect to the goods and services on which such Trademarks are used sufficient to preserve the validity of such Trademarks. The use of such license by the Collateral Agent may be exercised, at the option of the Collateral
Agent, during the continuation of an Event of Default; provided that any permitted license, sublicense or other transaction entered into by the Collateral Agent in accordance herewith shall be binding upon the Grantors notwithstanding any
subsequent cure of an Event of Default. 
 ARTICLE IV 
 INDEMNITY, SUBROGATION AND SUBORDINATION 
 SECTION 4.01. Indemnity. In addition to all such
rights of indemnity and subrogation as the Grantors may have under applicable law (but subject to Section 4.03), the Borrower 

  


					
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agrees that, in the event any assets of any Grantor shall be sold pursuant to this Agreement or any other Collateral Document to satisfy in whole or in part
an Obligation owed to any Secured Party, the Borrower shall indemnify such Grantor in an amount equal to the greater of the book value or the fair market value of the assets so sold. 
 SECTION 4.02. Contribution and Subrogation. Each Grantor (a “Contributing Party”) agrees (subject to Section 4.03) that, in
the event assets of any other Grantor shall be sold pursuant to any Collateral Document to satisfy any Obligation owed to any Secured Party, and such other Grantor (the “Claiming Party”) shall not have been fully indemnified by the
Borrower as provided in Section 4.01, the Contributing Party shall indemnify the Claiming Party in an amount equal to the greater of the book value or the fair market value of such assets, in each case multiplied by a fraction of which the
numerator shall be the net worth of the Contributing Party on the date hereof and the denominator shall be the aggregate net worth of all the Contributing Parties together with the net worth of the Claiming Party on the date hereof (or, in the case
of any Grantor becoming a party hereto pursuant to Section 5.14, the date of the Restricted Subsidiary Intellectual Property Security Agreement Supplement executed and delivered by such Grantor). Any Contributing Party making any payment to a
Claiming Party pursuant to this Section 4.02 shall be subrogated to the rights of such Claiming Party to the extent of such payment. 
 SECTION 4.03. Subordination. 
 (a) Notwithstanding any provision of this Agreement to the contrary, all rights of the
Grantors under Sections 4.01 and 4.02 and all other rights of indemnity, contribution or subrogation under applicable law or otherwise shall be fully subordinated to the indefeasible payment in full in cash of the Obligations. No failure on the part
of the Borrower or any Grantor to make the payments required by Sections 4.01 and 4.02 (or any other payments required under applicable law or otherwise) shall in any respect limit the obligations and liabilities of any Grantor with respect to its
obligations hereunder, and each Grantor shall remain liable for the full amount of the obligations of such Grantor hereunder. 
 (b) Each
Grantor hereby agrees that upon the occurrence and during the continuance of an Event of Default and after notice from the Collateral Agent all Indebtedness owed by it to any Subsidiary shall be fully subordinated to the indefeasible payment in full
in cash of the Obligations. 
 ARTICLE V 
 MISCELLANEOUS 
 SECTION 5.01. Notices. All communications and notices hereunder shall (except
as otherwise expressly permitted herein) be in writing and given as provided in Section 10.02 of the Credit Agreement. All communications and notices hereunder to any Grantor shall be given to it in care of the Borrower as provided in
Section 10.02 of the Credit Agreement. 
 SECTION 5.02. Waivers; Amendment. 
 (a) No failure or delay by the Collateral Agent, any other Agent, any L/C Issuer or any Lender in exercising any right or power hereunder or under any
other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise
thereof or the exercise of any other right or power. The rights and remedies of the Collateral Agent, any other Agent, the L/C Issuers and the Lenders hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights or
remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by any Grantor therefrom shall in any event be 

  


					
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effective unless the same shall be permitted by paragraph (b) of this Section 5.02, and then such waiver or consent shall be effective only in the
specific instance and for the purpose for which given. Without limiting the generality of the foregoing, the making of a Loan or issuance of a Letter of Credit shall not be construed as a waiver of any Default, regardless of whether the Collateral
Agent, any other Agent any Lender or any L/C Issuer may have had notice or knowledge of such Default at the time. No notice or demand on any Grantor in any case shall entitle any Grantor to any other or further notice or demand in similar or other
circumstances. 
 (b) Neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement or
agreements in writing entered into by the Collateral Agent and the Grantor or Grantors with respect to which such waiver, amendment or modification is to apply, subject to any consent required in accordance with Section 10.01 of the Credit
Agreement. 
 SECTION 5.03. Collateral Agent’s Fees and Expenses; Indemnification. 
 (a) The parties hereto agree that the Collateral Agent shall be entitled to reimbursement of its expenses incurred hereunder as provided in
Section 10.04 of the Credit Agreement. Without limitation of its indemnification obligations under the other Loan Documents, the Borrower agrees to indemnify the Collateral Agent and the other Indemnitees (as defined in Section 10.05 of
the Credit Agreement) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses, including the reasonable fees, charges and disbursements of any counsel for any Indemnitee, incurred by or
asserted against any Indemnitee arising out of, in connection with, or as a result of, the execution, delivery or performance of this Agreement or any claim, litigation, investigation or proceeding relating to any of the foregoing agreements or
instruments contemplated hereby, or to the Collateral, whether or not any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such liabilities, obligations, losses,
damages, penalties, claims, demands, actions, judgments, suits, costs, expenses or disbursements resulted from (x) the gross negligence, bad faith or willful misconduct of such Indemnitee or of any affiliate, director, officer, employee,
counsel, agent or attorney-in-fact of such Indemnitee or (y) a material breach of this Agreement by such Indemnitee or of any affiliate, director, officer, employee, counsel, agent or attorney-in-fact of such Indemnitee. 
 (b) Any such amounts payable as provided hereunder shall be additional Obligations secured hereby and by the other Collateral Documents. The provisions
of this Section 5.03 shall remain operative and in full force and effect regardless of the termination of this Agreement or any other Loan Document, the consummation of the transactions contemplated hereby, the repayment of any of the
Obligations, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Collateral Agent or any other Secured Party. All amounts due under this
Section 5.03 shall be payable within ten days of written demand therefor. 
 SECTION 5.04. Successors and Assigns. Whenever in
this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and assigns of such party; and all covenants, promises and agreements by or on behalf of any Grantor or the Collateral Agent
that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. 
 SECTION 5.05.
Survival of Agreement. All covenants, agreements, representations and warranties made by the Grantors in the Loan Documents and in the certificates or other instruments prepared or delivered in connection with or pursuant to this Agreement or
any other Loan Document shall be considered to have been relied upon by the Lenders and shall survive the execution and delivery of the 

  


					
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Loan Documents and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by any Lender or on its behalf and
notwithstanding that the Collateral Agent, any other Agent, any L/C Issuer or any Lender may have had notice or knowledge of any Default or incorrect representation or warranty at the time any credit is extended under the Credit Agreement, and shall
continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee or any other amount payable under any Loan Document is outstanding and unpaid or any Letter of Credit is outstanding and so long as the
Commitments have not expired or terminated. 
 SECTION 5.06. Counterparts; Effectiveness; Several Agreement. This Agreement may be
executed in counterparts, each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile transmission or other electronic
communication shall be as effective as delivery of a manually signed counterpart of this Agreement. This Agreement shall become effective as to any Grantor when a counterpart hereof executed on behalf of such Grantor shall have been delivered to the
Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon such Grantor and the Collateral Agent and their respective permitted successors and assigns, and shall inure
to the benefit of such Grantor, the Collateral Agent and the other Secured Parties and their respective successors and assigns, except that no Grantor shall have the right to assign or transfer its rights or obligations hereunder or any interest
herein or in the Collateral (and any such assignment or transfer shall be void) except as expressly contemplated by this Agreement or the Credit Agreement. This Agreement shall be construed as a separate agreement with respect to each Grantor and
may be amended, modified, supplemented, waived or released with respect to any Grantor without the approval of any other Grantor and without affecting the obligations of any other Grantor hereunder. 
 SECTION 5.07. Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a
particular jurisdiction shall not invalidate such provision in any other jurisdiction. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of
which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 SECTION 5.08. Right of Set-Off. In
addition to any rights and remedies of the Lenders provided by Law, upon the occurrence and during the continuance of any Event of Default, each Lender and its Affiliates and each L/C Issuer and its Affiliates is authorized at any time and from time
to time, without prior notice to the Borrower or any other Grantor, any such notice being waived by the Borrower (on its behalf and on behalf of each Grantor and its Subsidiaries) to the fullest extent permitted by applicable Law, to set off and
apply any and all deposits (general or special, time or demand, provisional or final) at any time held by, and other Indebtedness at any time owing by, such Lender and its Affiliates or such L/C Issuer and its Affiliates, as the case may be, to or
for the credit or the account of the respective Grantors and their Subsidiaries against any and all Obligations owing to such Lender and its Affiliates or such L/C Issuer and its Affiliates hereunder or under any other Loan Document, now or
hereafter existing, irrespective of whether or not such Agent or such Lender or Affiliate shall have made demand under this Agreement or under any other Loan Document and although such Obligations may be contingent or unmatured or denominated in a
currency different from that of the applicable deposit or Indebtedness. Each Lender and each L/C Issuer agrees promptly to notify the Borrower and the Administrative Agent after any such set off and application made by such Lender or such L/C
Issuer, as the case may be; provided that the failure to give such notice shall not affect the validity of such setoff and application. The rights of each Lender and each L/C Issuer under this Section 5.08 are in addition to other rights
and remedies (including other rights of setoff) that the Collateral Agent, such Lender and such L/C Issuer may have. 
  


					
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 SECTION 5.09. Governing Law; Jurisdiction. 
 (a) THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK (EXCEPT AS OTHERWISE EXPRESSLY PROVIDED
THEREIN). 
 (b) ANY LEGAL ACTION OR PROCEEDING ARISING UNDER THIS AGREEMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE
DEALINGS OF THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO THIS AGREEMENT, OR THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK CITY
OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF SUCH STATE, AND BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH GRANTOR AND THE COLLATERAL AGENT CONSENTS, FOR ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION OF THOSE
COURTS. EACH GRANTOR AND THE COLLATERAL AGENT IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR
PROCEEDING IN SUCH JURISDICTION IN RESPECT OF THIS AGREEMENT OR OTHER DOCUMENT RELATED THERETO. 
 SECTION 5.10. WAIVER OF JURY TRIAL.
EACH PARTY TO THIS AGREEMENT HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING UNDER THIS AGREEMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO
OR ANY OF THEM WITH RESPECT TO THIS AGREEMENT, OR THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED IN CONTRACT OR TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND CONSENTS THAT ANY SUCH
CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 5.10 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE
SIGNATORIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 
 SECTION 5.11. Headings. Article and Section headings and the
Table of Contents used herein are for convenience of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 
 SECTION 5.12. Security Interest Absolute. All rights of the Collateral Agent hereunder, the Security Interest, the grant of a security interest in
the Pledged Collateral and all obligations of each Grantor hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or enforceability of the Credit Agreement, any other Loan Document, any agreement with respect to
any of the Obligations or any other agreement or instrument relating to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of
or any consent to any departure from the Credit Agreement, any other Loan Document or any other agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any release or amendment or waiver of or
consent under or departure from any guarantee, securing or guaranteeing all or any of the Obligations or (d) any other circumstance that might otherwise constitute a defense available to, or a discharge of, any Grantor in respect of the
Obligations or this Agreement. 
  


					
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 SECTION 5.13. Termination or Release. 
 (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Obligations upon the
termination of the Aggregate Commitments and payment in full of all Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and
(z) contingent indemnification obligations not yet accrued and payable), the expiration or termination of all Letters of Credit and any other obligation (including a guarantee that is contingent in nature). 
 (b) Upon (i) any sale or other transfer by any Grantor of any Collateral that is permitted under the Credit Agreement or any other Loan Document to
any Person other than the Borrower or any of its Domestic Subsidiaries that are Restricted Subsidiaries, (ii) the effectiveness of any written consent to the release of the security interest granted hereby in any Collateral pursuant to
Section 10.01 and Section 9.11(a)(iii) of the Credit Agreement, or (iii) with respect to any Collateral owned by a Subsidiary Guarantor, upon the release of such Subsidiary Guarantor from its obligations under the Guaranty pursuant to
Section 4.13 of the Guaranty, the security interest of such Grantor in such Collateral shall be automatically released. 
 (c) Upon
granting of a security interest in any Collateral to another Person by a Grantor pursuant to Section 7.01(i) of the Credit Agreement, the security interest granted to or held by the Collateral Agent in such Collateral shall be released or
subordinated to such security interest to such Person. 
 (d) A Grantor (other than Holdings and the Borrower) shall automatically be
released from its obligations hereunder and the Security Interest in the Collateral of such Grantor shall be automatically released if such Grantor ceases to be a Material Subsidiary pursuant to the terms of the Credit Agreement. 
 (e) In connection with any termination or release pursuant to paragraph (a), (b), (c) or (d) of this Section 5.13, the Collateral Agent
shall execute and deliver to any Grantor, at such Grantor’s expense, all documents that such Grantor shall reasonably request to evidence such termination or release. Any execution and delivery of documents pursuant to this Section 5.13
shall be without recourse to or warranty by the Collateral Agent. 
 SECTION 5.14. Additional Restricted Subsidiaries. Pursuant to
Section 6.11 of the Credit Agreement, certain Restricted Subsidiaries that were not in existence or not Restricted Subsidiaries on the date of the Credit Agreement are required to enter in this Agreement as Grantors upon becoming Restricted
Subsidiaries. Upon execution and delivery by the Collateral Agent and a Restricted Subsidiary of a Restricted Subsidiary Intellectual Property Security Agreement Supplement, such Restricted Subsidiary shall become a Grantor hereunder with the same
force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any other Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full
force and effect notwithstanding the addition of any new Grantor as a party to this Agreement. 
 SECTION 5.15. General Authority of the
Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral
Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this
Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or 

  


					
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thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce
any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any
other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents. 
 SECTION
5.16. Collateral Agent Appointed Attorney-in-Fact. Each Grantor hereby appoints the Collateral Agent the attorney-in-fact of such Grantor for the purpose of carrying out the provisions of this Agreement and taking any action and executing any
instrument that the Collateral Agent may deem necessary or advisable to accomplish the purposes hereof at any time after and during the continuance of an Event of Default, which appointment is irrevocable (until the termination of the Credit
Agreement) and coupled with an interest. Without limiting the generality of the foregoing, the Collateral Agent shall have the right, upon the occurrence and during the continuance of an Event of Default and notice by the Collateral Agent to the
Borrower of its intent to exercise such rights, with full power of substitution either in the Collateral Agent’s name or in the name of such Grantor (a) to receive, endorse, assign and/or deliver any and all notes, acceptances, checks,
drafts, money orders or other evidences of payment relating to the Collateral or any part thereof; (b) to demand, collect, receive payment of, give receipt for and give discharges and releases of all or any of the Collateral; (c) to
commence and prosecute any and all suits, actions or proceedings at law or in equity in any court of competent jurisdiction to collect or otherwise realize on all or any of the Collateral or to enforce any rights in respect of any Collateral;
(d) to settle, compromise, compound, adjust or defend any actions, suits or proceedings relating to all or any of the Collateral; and (e) to use, sell, assign, transfer, pledge, make any agreement with respect to or otherwise deal with all
or any of the Collateral, and to do all other acts and things necessary to carry out the purposes of this Agreement, as fully and completely as though the Collateral Agent were the absolute owner of the Collateral for all purposes; provided
that nothing herein contained shall be construed as requiring or obligating the Collateral Agent to make any commitment or to make any inquiry as to the nature or sufficiency of any payment received by the Collateral Agent, or to present or file any
claim or notice, or to take any action with respect to the Collateral or any part thereof or the moneys due or to become due in respect thereof or any property covered thereby. The Collateral Agent and the other Secured Parties shall be accountable
only for amounts actually received as a result of the exercise of the powers granted to them herein, and neither they nor their officers, directors, employees or agents shall be responsible to any Grantor for any act or failure to act hereunder,
except for their own gross negligence or willful misconduct or that of any of their Affiliates, directors, officers, employees, counsel, agents or attorneys-in-fact. 
 [Remainder of Page Intentionally Blank] 
  


					
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 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first
above written. 
  

					
	PTS ACQUISITION CORP.,
	as Borrower
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	Chief Financial Officer & Treasurer


  

					
	PTS INTERMEDIATE HOLDINGS, LLC,
	as Holdings
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	Chief Financial Officer & Treasurer


  


					
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	CARDINAL HEALTH 400, INC.,
	as Grantor
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	Chief Financial Officer & Treasurer


  

					
	CARDINAL HEALTH 406, LLC,
	as Grantor
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	Chief Financial Officer & Treasurer


  

					
	CARDINAL HEALTH 421, INC.,
	as Grantor
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	Chief Financial Officer & Treasurer


  

					
	CARDINAL HEALTH PTS, LLC,
	as Grantor
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	Chief Financial Officer & Treasurer


  


					
		  	[Signature Page]	  	Project Charter
		  		  	Intellectual Property Security Agreement










					
	R.P. SCHERER TECHNOLOGIES, INC.,
	as Grantor
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	Chief Financial Officer & Treasurer


  

					
	GLACIER CORPORATION,
	as Grantor
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	President


  


					
		  	[Signature Page]	  	Project Charter
		  		  	Intellectual Property Security Agreement










					
	MORGAN STANLEY SENIOR FUNDING, INC.
	as Collateral Agent
		
	By:	 	/s/ Eugene F, Martin
		 	Name:	 	Eugene F. Martin
		 	Title:	 	Vice President


  


					
		  	[Signature Page]	  	Project Charter
		  		  	Intellectual Property Security Agreement









 The undersigned, as the successor by merger to PTS Acquisition Corp., on the Closing Date, hereby assumes
and agrees to perform all of the obligations of PTS Acquisition Corp. under this Agreement. 
  

					
	CARDINAL HEALTH 409, INC.
		
	By:	 	/s/ David Eatwell
		 	Name:	 	David Eatwell
		 	Title:	 	Chief Financial Officer & Treasurer


  


					
		  	[Signature Page]	  	Project Charter
		  		  	Intellectual Property Security Agreement









 SCHEDULE I 
 TO THE INTELLECTUAL PROPERTY 
 SECURITY AGREEMENT 
 Intellectual Property 
 Patents and Patent Applications 
  

							
	 Registered Owner/ Grantor
	  	 Patent Title
	  	 Country
	  	 Patent No. or Application No.

		  		  		  	
		  		  		  	
		  		  		  	

 Trademarks and Trademark Applications 
  

							
	 Registered Owner/ Grantor
	  	 Trademark
	  	 Country
	  	 Reg. No. or Application No.

		  		  		  	
		  		  		  	

 Copyrights and Copyright Applications 
  

							
	 Registered Owner/ Grantor
	  	 Title of Work
	  	 Country
	  	 Reg. No. or Application No.

		  		  		  	
		  		  		  	

  


					
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		  		  	Intellectual Property Security Agreement









 SCHEDULE II 
 TO THE INTELLECTUAL PROPERTY 
 SECURITY AGREEMENT 
 Jointly Owned Intellectual Property 
  


					
		  		  	Project Charter
		  		  	Intellectual Property Security Agreement









 SCHEDULE III 
 TO THE INTELLECTUAL PROPERTY 
 SECURITY AGREEMENT 
 Post Closing Actions 
  


					
		  		  	Project Charter
		  		  	Intellectual Property Security Agreement









 EXHIBIT I 
 TO THE INTELLECTUAL PROPERTY 
 SECURITY AGREEMENT 
 FORM OF SHORT FORM 
 INTELLECTUAL PROPERTY SECURITY AGREEMENT 
 This INTELLECTUAL PROPERTY SECURITY AGREEMENT (as amended, amended and restated, supplemented or otherwise modified from time to time, the “IP
Security Agreement”) dated April 10, 2007, is made by the Persons listed on the signature pages hereof (collectively, the “Grantors”) in favor of MORGAN STANLEY SENIOR FUNDING, INC., as Collateral Agent (the
“Collateral Agent”) for the Secured Parties. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement and the Intellectual Property Security Agreement
referred to therein. 
 WHEREAS, the Borrower, Holdings, Morgan Stanley Senior Funding, Inc., as Administrative Agent, Collateral Agent and
Swing Line Lender, Bank of America, N.A., as L/C Issuer and each Lender from time to time party thereto have entered into the Credit Agreement dated as of April 10, 2007 (as amended, amended and restated, supplemented or otherwise modified from
time to time, the “Credit Agreement”), pursuant to which the Lenders have severally agreed to make Loans and the L/C Issuers to issue Letters of Credit to the Borrower upon the terms and subject to the conditions therein.

 WHEREAS, in connection with the Credit Agreement, the Borrower, Holdings and the other Grantors have entered into the Intellectual
Property Security Agreement dated April 10, 2007 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Intellectual Property Security Agreement”) in order to induce the Lenders to make
Loans and the L/C Issuers to issue Letters of Credit. 
 WHEREAS, under the terms of the Intellectual Property Security Agreement, the
Grantors have granted to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in, among other property, certain intellectual property of the Grantors, and have agreed as a condition thereof to execute this IP
Security Agreement for recording with the U.S. Patent and Trademark Office, the United States Copyright Office and other governmental authorities. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Grantor agrees as follows: 
 SECTION 1. Grant of Security. Each Grantor hereby grants to the Collateral Agent for the ratable benefit of the Secured Parties a security interest in all of such Grantor’s right, title and interest in and
to the following (the “Collateral”): 
 (a) the United States Patents (as defined in the Intellectual
Property Security Agreement) set forth in Schedule A hereto; 
 (b) the United States registered Trademarks (as defined in the
Intellectual Property Security Agreement) and Trademarks for which United States applications are pending set forth in Schedule B hereto; and 
 (c) the United States registrations of Copyrights (as defined in the Intellectual Property Security Agreement) set forth in Schedule C hereto. 
  


					
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		  		  	Intellectual Property Security Agreement









 SECTION 2. Security for Obligations. The grant of a security interest in the Collateral by each
Grantor under this IP Security Agreement secures the payment of all Obligations of such Grantor now or hereafter existing under or in respect of the Loan Documents, whether direct or indirect, absolute or contingent, and whether for principal,
reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract causes of action, costs, expenses or otherwise. Without limiting the generality of the foregoing, this IP Security Agreement secures, as to each Grantor, the
payment of all amounts that constitute part of the secured Obligations and that would be owed by such Grantor to any Secured Party under the Loan Documents but for the fact that such secured Obligations are unenforceable or not allowable due to the
existence of a bankruptcy, reorganization or similar proceeding involving a Loan Party. 
 SECTION 3. Recordation. This IP Security
Agreement has been executed and delivered by the Grantors for the purpose of recording the grant of security interest herein with the United States Patent and Trademark Office and the United States Copyright Office. Each Grantor authorizes and
requests that the Register of Copyrights, the Commissioner for Patents and the Commissioner for Trademarks record this IP Security Agreement. 
 SECTION 4. Execution in Counterparts. This IP Security Agreement may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and
the same agreement. 
 SECTION 5. Grants, Rights and Remedies. This IP Security Agreement has been entered into in conjunction with
the provisions of the Intellectual Property Security Agreement. Each Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Collateral Agent with respect to the
Collateral are more fully set forth in the Intellectual Property Security Agreement, the terms and provisions of which are incorporated herein by reference as if fully set forth herein. In the event of any conflict between the terms of this IP
Security Agreement and the terms of the Intellectual Property Security Agreement, the terms of the Intellectual Property Security Agreement shall govern. 
 SECTION 6. Governing Law. This IP Security Agreement shall be governed by, and construed in accordance with, the laws of the State of New York. 
 SECTION 7. Severability. In case any one or more of the provisions contained in this IP Security Agreement should be held invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Intellectual Property Security Agreement shall not in any way be affected or impaired thereby (it being understood that
the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to replace the invalid,
illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 [Remainder of Page Intentionally Blank] 
  


					
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 IN WITNESS WHEREOF, each Grantor has caused this IP Security Agreement to be duly executed and delivered
by its officer thereunto duly authorized as of the date first above written. 
  

			
	 PTS ACQUISITION CORP.,
 as
Borrower

		
	By:	 	 
		 	Name:
		 	Title:


  

			
	 PTS INTERMEDIATE HOLDINGS, LLC,
 as Holdings


		
	By:	 	 
		 	Name:
		 	Title:


  


					
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		  		  	Intellectual Property Security Agreement










			
	 CARDINAL HEALTH 400, INC.,
 as
Grantor

		
	By:	 	 
		 	Name:
		 	Title:


  

			
	 CARDINAL HEALTH 406, LLC,
 as
Grantor

		
	By:	 	 
		 	Name:
		 	Title:


  

			
	 CARDINAL HEALTH 421, INC.,
 as
Grantor

		
	By:	 	 
		 	Name:
		 	Title:


  

			
	 CARDINAL HEALTH PTS, LLC,
 as
Grantor

		
	By:	 	 
		 	Name:
		 	Title:


  


					
		  		  	Project Charter
		  		  	Intellectual Property Security Agreement










			
	 R.P. SCHERER TECHNOLOGIES, INC.,
 as Grantor


		
	By:	 	 
		 	Name:
		 	Title:


  

			
	 GLACIER CORPORATION,
 as
Grantor

		
	By:	 	 
		 	Name:
		 	Title:


  


					
		  		  	Project Charter
		  		  	Intellectual Property Security Agreement










			
	 MORGAN STANLEY SENIOR FUNDING, INC.
 as
Collateral Agent

		
	By:	 	 
		 	Name:
		 	Title:


  


					
		  		  	Project Charter
		  		  	Intellectual Property Security Agreement









 The undersigned, as the successor by merger to PTS Acquisition Corp., on the Closing Date, hereby assumes
and agrees to perform all of the obligations of PTS Acquisition Corp. under this IP Security Agreement. 
  

			
	CARDINAL HEALTH 409, INC.
		
	By:	 	 
		 	Name:
		 	Title:


  


					
		  		  	Project Charter
		  		  	Intellectual Property Security Agreement









 SCHEDULE A 
 United States Patents and Patent Applications 
  

					
	 Registered Owner/ Grantor
	 	 Patent Title
	 	 Patent No. or Application No.

		 		 	
		 		 	
		 		 	

  


					
		  		  	Project Charter
		  		  	Intellectual Property Security Agreement









 SCHEDULE B 
 United States Trademarks and Trademark Applications 
  

					
	 Registered Owner/ Grantor
	 	 Trademark
	 	 Reg. No. or Serial No.

		 		 	
		 		 	
		 		 	

  


					
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 SCHEDULE C 
 United States Copyright Registrations 
  

					
	 Registered Owner/ Grantor
	  	 Title of Work
	  	 Reg. No.

		  		  	
		  		  	
		  		  	

  


					
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		  		  	Intellectual Property Security Agreement









 EXHIBIT II 
 TO THE INTELLECTUAL PROPERTY 
 SECURITY AGREEMENT 
 FORM OF ADDITIONAL COLLATERAL 
 INTELLECTUAL PROPERTY SECURITY AGREEMENT SUPPLEMENT

 This INTELLECTUAL PROPERTY SECURITY AGREEMENT SUPPLEMENT (as amended, amended and restated, supplemented or otherwise modified from time
to time, the “IP Security Agreement Supplement”) dated [                    ], is made by the Person listed on the signature
page hereof (the “Grantor”) in favor of MORGAN STANLEY SENIOR FUNDING, INC., as Collateral Agent (the “Collateral Agent”) for the Secured Parties. Capitalized terms used herein and not otherwise defined herein shall
have the meanings assigned to such terms in the Credit Agreement and the Intellectual Property Security Agreement referred to therein. 
 WHEREAS, the Borrower, Holdings, Morgan Stanley Senior Funding, Inc., as Administrative Agent, Collateral Agent and Swing Line Lender, Bank of America, N.A., as L/C Issuer and each Lender from time to time party thereto have entered into
the Credit Agreement dated as of April 10, 2007 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), pursuant to which the Lenders have severally agreed to make Loans
and the L/C Issuers to issue Letters of Credit to the Borrower upon the terms and subject to the conditions therein. 
 WHEREAS, in
connection with the Credit Agreement, the Borrower, Holdings and the other Grantors (including the Grantor) have entered into the Intellectual Property Security Agreement dated April 10, 2007 (as amended, amended and restated, supplemented or
otherwise modified from time to time, the “Intellectual Property Security Agreement”) in order to induce the Lenders to make Loans and the L/C Issuers to issue Letters of Credit. 
 WHEREAS, under the terms of the Intellectual Property Security Agreement, the Grantor has granted to the Collateral Agent, for the ratable benefit of the
Secured Parties, a security interest in the additional Collateral of the Grantor, and has agreed as a condition thereof to execute this IP Security Agreement Supplement for recording with the U.S. Patent and Trademark Office, the United States
Copyright Office and other governmental authorities. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Grantor agrees as follows: 
 SECTION 1. Grant of Security. The Grantor hereby grants to the
Collateral Agent for the ratable benefit of the Secured Parties a security interest in all of such Grantor’s right, title and interest in and to the following (the “Collateral”): 
 (a) the Patents (as defined in the Intellectual Property Security Agreement) set forth in Schedule A hereto; 
 (b) the registered Trademarks (as defined in the Intellectual Property Security Agreement) and Trademarks for which applications are
pending set forth in Schedule B hereto; and 
 (c) the registrations of Copyrights (as defined in the Intellectual Property
Security Agreement) and Copyrights for which applications are pending set forth in Schedule C hereto. 
 SECTION 2. Security for
Obligations. The grant of a security interest in the Collateral by the Grantor under this IP Security Agreement Supplement secures the payment of all Obligations of such Grantor now or hereafter existing under or in respect of the Loan
Documents, whether direct or 

  


					
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		  		  	Intellectual Property Security Agreement









 
indirect, absolute or contingent, and whether for principal, reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract
causes of action, costs, expenses or otherwise. Without limiting the generality of the foregoing, this IP Security Agreement Supplement secures the payment of all amounts that constitute part of the secured Obligations and that would be owed by such
Grantor to any Secured Party under the Loan Documents but for the fact that such secured Obligations are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving a Loan Party. 
 SECTION 3. Recordation. The Grantor authorizes and requests that the Register of Copyrights, the Commissioner for Patents and the Commissioner for
Trademarks and any other applicable government officer record this IP Security Agreement Supplement with respect to United States Patents listed in Schedule A hereto, United States registered Trademarks and Trademarks for which United States
applications are pending listed in Schedule B hereto, and United States registered Copyrights listed in Schedule C hereto. 
 SECTION 4.
Execution in Counterparts. This IP Security Agreement Supplement may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same
agreement. 
 SECTION 5. Grants, Rights and Remedies. This IP Security Agreement Supplement has been entered into in conjunction with
the provisions of the Intellectual Property Security Agreement. The Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Collateral Agent with respect to the Collateral
are more fully set forth in the Intellectual Property Security Agreement, the terms and provisions of which are incorporated herein by reference as if fully set forth herein. In the event of any conflict between the terms of this IP Security
Agreement Supplement and the terms of the Intellectual Property Security Agreement, the terms of the Intellectual Property Security Agreement shall govern. 
 SECTION 6. Governing Law. This IP Security Agreement Supplement shall be governed by, and construed in accordance with, the laws of the State of New York. 
 SECTION 7. Severability. In case any one or more of the provisions contained in this IP Security Agreement Supplement should be held invalid,
illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Intellectual Property Security Agreement shall not in any way be affected or impaired thereby (it being
understood that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to
replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 SECTION 8. Notice. All communications and notices hereunder shall be in writing and given as provided in Section 5.01 of the Intellectual
Property Security Agreement. 
 SECTION 9. Reimbursement. Reimbursement of the Collateral Agent’s expenses under this IP Security
Agreement Supplement shall be governed by the applicable sections of the Intellectual Property Security Agreement. 
 [Remainder of Page
Intentionally Blank] 
  


					
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 IN WITNESS WHEREOF, the Grantor has caused this IP Security Agreement Supplement to be duly executed and
delivered by its officer thereunto duly authorized as of the date first above written. 
  

			
		
	By:	 	 
		 	Name:
		 	Title:
	
	Address for Notices:


  


					
		  		  	Project Charter
		  		  	Intellectual Property Security Agreement









 SCHEDULE A 
 Patents and Patent Applications 
  

							
	 Registered Owner/ Grantor
	  	 Patent Title
	  	 Country
	  	 Patent No. or Application No.

				
		  		  		  	
				
		  		  		  	
				
		  		  		  	

  


					
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		  		  	Intellectual Property Security Agreement









 SCHEDULE B 
 Trademarks and Trademark Applications 
  

							
	 Registered Owner/ Grantor
	  	 Trademark
	  	 Country
	  	 Reg. No. or Serial No.

				
		  		  		  	
				
		  		  		  	
				
		  		  		  	

  


					
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		  		  	Intellectual Property Security Agreement









 SCHEDULE C 
 Copyrights and Copyright Applications 
  

							
	 Registered Owner/ Grantor
	  	 Title of Work
	  	 Country
	  	 Reg. No. or Application No.

				
		  		  		  	
				
		  		  		  	
				
		  		  		  	

  


					
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		  		  	Intellectual Property Security Agreement









 EXHIBIT III 
 TO THE INTELLECTUAL PROPERTY 
 SECURITY AGREEMENT 
 FORM OF ADDITIONAL RESTRICTED SUBSIDIARY 
 INTELLECTUAL PROPERTY SECURITY AGREEMENT
SUPPLEMENT 
 SUPPLEMENT NO. [    ] (this “Supplement”) dated as of
[                    ], to the Intellectual Property Security Agreement dated as of April 10, 2007 among CARDINAL HEALTH 409, INC. (as
successor by merger with PTS ACQUISITION CORP.) (the “Borrower”), PTS INTERMEDIATE HOLDINGS LLC (“Holdings”), the Subsidiaries of Holdings from time to time party thereto and MORGAN STANLEY SENIOR FUNDING, INC., as
Collateral Agent (the “Collateral Agent”) for the Secured Parties. 
 A. Reference is made to the Credit Agreement dated as
of April 10, 2007 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, Holdings, Morgan Stanley Senior Funding, Inc., as Administrative Agent, Collateral Agent and
Swing Line Lender, Bank of America, N.A., as L/C Issuer and each Lender from time to time party thereto, pursuant to which the Lenders have severally agreed to make Loans and the L/C Issuers to issue Letters of Credit to the Borrower upon the terms
and subject to the conditions therein. 
 B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned
to such terms in the Credit Agreement and the Intellectual Property Security Agreement referred to therein. 
 C. In connection with the
Credit Agreement, the Borrower, Holdings and the other Grantors have entered into the Intellectual Property Security Agreement in order to induce the Lenders to make Loans and the L/C Issuers to issue Letters of Credit. Section 5.14 of the
Intellectual Property Security Agreement provides that additional Restricted Subsidiaries may become Grantors under the Intellectual Property Security Agreement by execution and delivery of an instrument in the form of this Supplement. The
undersigned Restricted Subsidiary (the “New Subsidiary”) is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Grantor under the Intellectual Property Security Agreement in order to
induce the Lenders to make Loans and the L/C Issuers to issue Letters of Credit from time to time under the terms of the Credit Agreement. 
 Accordingly, the Collateral Agent and the New Subsidiary agree as follows: 
 SECTION 1. In accordance with Section 5.14
of the Intellectual Property Security Agreement, the New Subsidiary by its signature below becomes a Grantor under the Intellectual Property Security Agreement with the same force and effect as if originally named therein as a Grantor and the New
Subsidiary hereby (a) agrees to all the terms and provisions of the Intellectual Property Security Agreement applicable to it as a Grantor thereunder and (b) represents and warrants that the representations and warranties made by it as a
Grantor thereunder are true and correct on and as of the date hereof. In furtherance of the foregoing, the New Subsidiary, as security for the payment and performance in full of the Obligations does hereby create and grant to the Collateral Agent,
its successors and assigns, for the benefit of the Secured Parties, their successors and assigns, a security interest in and lien on all of the New Subsidiary’s right, title and interest in and to the Collateral (as defined in the Intellectual
Property Security Agreement) of the New Subsidiary. Each reference to a “Grantor” in the Intellectual Property Security Agreement shall be deemed to include the New Subsidiary. The Intellectual Property Security Agreement is hereby
incorporated herein by reference. 
  


					
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 SECTION 2. The New Subsidiary represents and warrants to the Collateral Agent and the other
Secured Parties that this Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms, except as such enforceability may be limited by
Debtor Relief Laws and by general principles of equity. 
 SECTION 3. This Supplement may be executed in counterparts (and by
different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Supplement shall become effective when the Collateral Agent shall have
received a counterpart of this Supplement that bears the signature of the New Subsidiary, and the Collateral Agent has executed a counterpart hereof. Delivery of an executed signature page to this Supplement by facsimile transmission or other
electronic communication shall be as effective as delivery of a manually signed counterpart of this Supplement. 
 SECTION 4. The New
Subsidiary hereby represents and warrants that (a) set forth on Schedules I and II attached hereto are true and correct schedules of the Collateral and (b) set forth under its signature hereto is the true and correct legal name of the New
Subsidiary, its jurisdiction of formation and the location of its chief executive office. 
 SECTION 5. The Grantor hereby grants to the
Collateral Agent for the ratable benefit of the Secured Parties a security interest in all of such Grantor’s right, title and interest in and to the Collateral, including: 
 (a) the Patents (as defined in the Intellectual Property Security Agreement) set forth in Schedule I hereto; 
 (b) the registered Trademarks (as defined in the Intellectual Property Security Agreement) and Trademarks for which applications are
pending set forth in Schedule I hereto; and 
 (c) the registrations of Copyrights (as defined in the Intellectual Property
Security Agreement) and Copyrights for which applications are pending set forth in Schedule I hereto. 
 SECTION 6. The grant of a
security interest in the Collateral by the Grantor under this Supplement secures the payment of all Obligations of such Grantor now or hereafter existing under or in respect of the Loan Documents, whether direct or indirect, absolute or contingent,
and whether for principal, reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract causes of action, costs, expenses or otherwise. Without limiting the generality of the foregoing, this Supplement secures the
payment of all amounts that constitute part of the secured Obligations and that would be owed by such Grantor to any Secured Party under the Loan Documents but for the fact that such secured Obligations are unenforceable or not allowable due to the
existence of a bankruptcy, reorganization or similar proceeding involving a Loan Party. 
 SECTION 7. Grants, Rights and Remedies.
This Supplement has been entered into in conjunction with the provisions of the Intellectual Property Security Agreement. The New Subsidiary does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and
remedies of, the Collateral Agent with respect to the Collateral are more fully set forth in the Intellectual Property Security Agreement, the terms and provisions of which are incorporated herein by reference as if fully set forth herein. In the
event of any conflict between the terms of this Supplement and the terms of the Intellectual Property Security Agreement, the terms of the Intellectual Property Security Agreement shall govern. 
  


					
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 SECTION 8. The Grantor authorizes and requests that the Register of Copyrights, the Commissioner
for Patents and the Commissioner for Trademarks and any other applicable government officer record this Supplement with respect to United States Patents, United States registered Trademarks and Trademarks for which United States applications are
pending, and United States registered Copyrights listed in Schedule I hereto. 
 SECTION 9. Except as expressly supplemented hereby,
the Intellectual Property Security Agreement shall remain in full force and effect. 
 SECTION 10. THIS SUPPLEMENT SHALL BE GOVERNED
BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 11. In case any one or more of the provisions
contained in this Supplement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Intellectual Property Security Agreement shall not in any
way be affected or impaired thereby (it being understood that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall
endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 SECTION 12. All communications and notices hereunder shall be in writing and given as provided in Section 5.01 of the Intellectual Property
Security Agreement. 
 SECTION 13. Reimbursement of the Collateral Agent’s expenses under this Supplement shall be governed by
the applicable sections of the Intellectual Property Security Agreement. 
 [Remainder of Page Intentionally Blank] 
  


					
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 IN WITNESS WHEREOF, the New Subsidiary and the Collateral Agent have duly executed this Supplement to the
Intellectual Property Security Agreement as of the day and year first above written. 
  

							
	[NAME OF NEW SUBSIDIARY]
			
		 	By:	 	 
		 		 	Name:	 	
		 		 	Title:	 	



							
	
	 Jurisdiction of Formation:
 Address Of Chief
Executive Office:

	
	 MORGAN STANLEY SENIOR FUNDING, INC.
 as
Collateral Agent

		
	By:	 	 
		 	Name:	 		 	
		 	Title:	 		 	


  


					
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 SCHEDULE I 
 TO SUPPLEMENT NO. [    ] TO THE 
 INTELLECTUAL PROPERTY SECURITY AGREEMENT

 Intellectual Property 
 Patents and Patent Applications 
  

							
	 Registered Owner/ Grantor
	  	 Patent Titles
	  	 Country
	  	 Patent No. or Application No.

				
		  		  		  	
				
		  		  		  	
				
		  		  		  	

 Trademarks and Trademark Applications 
  

							
	 Registered Owner/ Grantor
	  	 Trademark
	  	 Country
	  	 Reg. No. or Serial No.

				
		  		  		  	
				
		  		  		  	
				
		  		  		  	

 Copyrights and Copyright Applications 
  

							
	 Registered Owner/ Grantor
	  	 Title of Work
	  	 Country
	  	 Reg. No. or Applic. No.

				
		  		  		  	
				
		  		  		  	
				
		  		  		  	

  


					
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 SCHEDULE II 
 TO SUPPLEMENT NO. [    ] TO THE 
 INTELLECTUAL PROPERTY SECURITY AGREEMENT

 Jointly Owned Intellectual Property 
  


					
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