IS
$[
] (THE "SECURED AMOUNT").]
ARTICLE 1
DEFINITIONS
Section 1.1
Definitions.
All capitalized
terms used herein without definition shall have the respective meanings ascribed
to them in that certain Amended and Restated Credit Agreement dated as of
March 29, 2007, as the same may be amended, amended and restated, supplemented
or otherwise modified from time to time (the "Credit Agreement"), among Grantor,
as borrower [replace the preceding "Grantor, as Borrower" with "Alliant
Techsystems Inc., as borrower ('Borrower')" if the deed of trust is to secure
guaranteed obligations], Agent and the other Secured Parties identified
therein.
As used herein, the following terms shall have the following meanings:
(A)
"EVENT OF DEFAULT":
AN EVENT OF DEFAULT UNDER AND AS DEFINED IN
THE CREDIT AGREEMENT.
(B)
["GUARANTY":
THAT CERTAIN AMENDED AND RESTATED SUBSIDIARY GUARANTY
BY AND FROM GRANTOR AND THE OTHER GUARANTORS REFERRED TO THEREIN FOR THE BENEFIT
OF THE SECURED PARTIES DATED AS OF MARCH 29, 2007, AS THE SAME MAY HEREAFTER BE
AMENDED, AMENDED AND RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO
TIME.
INSERT IF INSTRUMENT SECURES GUARANTEED OBLIGATIONS.]
(C)
"INDEBTEDNESS":
(1) ALL INDEBTEDNESS OF GRANTOR TO BENEFICIARY OR
ANY OF THE OTHER SECURED PARTIES UNDER THE CREDIT AGREEMENT OR ANY OTHER LOAN
DOCUMENT [INCLUDE IF INSTRUMENT SECURES GUARANTEED OBLIGATIONS: TO WHICH GRANTOR
IS A PARTY], INCLUDING, WITHOUT LIMITATION [INCLUDE IF INSTRUMENT SECURES
GUARANTEED OBLIGATIONS: (EXCEPT AS OTHERWISE SET FORTH IN SECTION [1(B)] OF THE
GUARANTY)], THE SUM OF ALL (A) PRINCIPAL, INTEREST AND OTHER AMOUNTS OWING UNDER
OR EVIDENCED OR SECURED BY THE LOAN DOCUMENTS, (B) PRINCIPAL, INTEREST AND OTHER
AMOUNTS WHICH MAY HEREAFTER BE LENT BY BENEFICIARY OR ANY OF THE OTHER SECURED
PARTIES UNDER OR IN CONNECTION WITH THE CREDIT AGREEMENT OR ANY OF THE OTHER
LOAN DOCUMENTS, WHETHER EVIDENCED BY A PROMISSORY NOTE OR OTHER INSTRUMENT
WHICH, BY ITS TERMS, IS SECURED HEREBY, AND (C) OBLIGATIONS AND LIABILITIES OF
ANY NATURE NOW OR HEREAFTER EXISTING UNDER OR ARISING IN CONNECTION WITH LETTERS
OF CREDIT AND OTHER EXTENSIONS OF CREDIT UNDER THE CREDIT AGREEMENT OR ANY OF
THE OTHER LOAN DOCUMENTS AND REIMBURSEMENT OBLIGATIONS IN RESPECT THEREOF,
TOGETHER WITH INTEREST AND OTHER AMOUNTS PAYABLE WITH RESPECT THERETO, AND
(2) ALL OTHER INDEBTEDNESS, OBLIGATIONS AND LIABILITIES NOW OR HEREAFTER
EXISTING OF ANY KIND OF GRANTOR TO BENEFICIARY OR ANY OF THE OTHER SECURED
PARTIES UNDER DOCUMENTS WHICH RECITE THAT THEY ARE INTENDED TO BE SECURED BY
THIS DEED OF TRUST.
THE
CREDIT AGREEMENT CONTAINS A REVOLVING CREDIT FACILITY WHICH PERMITS GRANTOR
[REPLACE THE PRECEDING "GRANTOR" WITH "BORROWER" IF THE DEED OF TRUST IS TO
SECURE GUARANTEED OBLIGATIONS] TO BORROW CERTAIN PRINCIPAL AMOUNTS, REPAY ALL OR
A PORTION OF SUCH PRINCIPAL AMOUNTS, AND REBORROW THE AMOUNTS PREVIOUSLY PAID TO
THE SECURED PARTIES, ALL UPON SATISFACTION OF CERTAIN CONDITIONS STATED IN THE
CREDIT AGREEMENT.
[USE ONLY IF THE DEED OF TRUST IS CAPPED:
SUBJECT TO THE
PROVISIONS OF SECTION 2.2, THIS]
[THIS] DEED OF TRUST SECURES ALL ADVANCES AND
RE-ADVANCES UNDER THE CREDIT AGREEMENT, INCLUDING, WITHOUT LIMITATION, THOSE