Document:

kop-ex10126_184.htm

Exhibit 10.126

THIRD AMENDMENT TO CREDIT AGREEMENT

THIS THIRD AMENDMENT TO CREDIT AGREEMENT (the “Amendment”), dated as of May 1, 2019 (the “Third Amendment Closing Date”), is made by and among Koppers Inc., a Pennsylvania corporation (the “Borrower”), the Guarantors (as defined in the Credit Agreement (as hereinafter defined)), the LENDERS (as defined in the Credit Agreement), and PNC Bank, National Association, as Administrative Agent for the Lenders (in such capacity, the “Administrative Agent”).

W I T N E S S E T H:

WHEREAS, the Borrower, the Guarantors, the Lenders and the Administrative Agent are parties to that certain Credit Agreement dated as of February 17, 2017, as amended by a First Amendment to Credit Agreement dated as of February 26, 2018, and a Second Amendment to Credit Agreement and Joinder dated as of April 10, 2018 (as so amended, the “Credit Agreement”); and

WHEREAS, the Borrower has requested that the Lenders (i) extend the expiration date of the revolving credit facility available to the Borrower under the Credit Agreement and the maturity date of the Term Loan advanced under the Credit Agreement, and (ii) amend certain other provisions of the Credit Agreement which relate to the financial covenants and related definitions, and the Lenders are willing to effect such credit accommodations upon and subject to the terms and conditions of this Amendment. 

NOW, THEREFORE, the parties hereto, in consideration of their mutual covenants and agreements hereinafter set forth and intending to be legally bound hereby, covenant and agree as follows:

1.Definitions.  Except as set forth in this Amendment, defined terms used herein shall have the meanings given to them in the Credit Agreement.

2.Amendment of Section 1.1 [Certain Definitions].  The following definitions in Section 1.1 of the Credit Agreement are either amended or inserted as follows:

(a)Clause (k) in the definition of Consolidated EBITDA is hereby amended and restated to the following:

“(k) non-recurring cash and non-cash charges to net income related to discontinuation or sale of business operations of Holdings and its Subsidiaries as such charges are incurred in an aggregate amount not greater than the following amounts for the following periods:  (y) January 1, 2018 through and including December 31, 2018, $24,400,000 and (z) January 1, 2019 and continuing for the balance of the term of this Agreement, $75,000,000,”

 

(b)The definition of Expiration Date is hereby amended and restated as follows:

“Expiration Date shall mean May 1, 2024.”

 

 

 

(c)The definition of Fixed Charge Coverage Ratio is hereby amended and restated as follows:

“Fixed Charge Coverage Ratio shall mean the ratio of (i) Consolidated EBITDA minus Capital Expenditures of Holdings and its Subsidiaries minus cash taxes of Holdings and its Subsidiaries, to (ii) Fixed Charges, excluding dividends and distributions made by Holdings during the fiscal quarter ended September 30, 2018.”

 

(d)The following new definition is hereby inserted in Section 1.1 in alphabetical order: 

“Third Amendment Closing Date” shall mean May 1, 2019.

 

3.New Section 1.5  [Divisions].  The following new Section 1.5 is hereby inserted in the Credit Agreement immediately following Section 1.4:

“1.5     Divisions.

  For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.”

4.Amendment to Section 8.2.16  [Maximum Total Secured Leverage Ratio].  Section 8.2.16 of the Credit Agreement is hereby amended and restated as follows: 

“8.2.16     Maximum Total Secured Leverage Ratio.

  The Loan Parties shall not permit the Total Secured Leverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to exceed 3.25 to 1.00, with step downs (A) if an Equity Issuance has not occurred, to (i) 3.00 to 1.00 on December 31, 2019, and (ii) 2.75 to 1.00 on December 31, 2020; and (B) if an Equity Issuance has occurred, to (i) 3.00 to 1.00 upon such Equity Issuance, and (ii) 2.75 to 1.00 on December 31, 2019; provided, that if (i) the maximum Total Secured Leverage Ratio required pursuant to this Section 8.2.16 as of such date is not more than 2.75 to 1.00 and (ii) Undrawn Availability is at least $50,000,000, then the Borrower may elect, with prior written notice to the Administrative Agent, to increase the applicable maximum Total Secured Leverage Ratio to 3.00 to 1.00 during the period of four (4) consecutive fiscal quarters immediately following the consummation of a Material Acquisition (commencing with the fiscal quarter in which such Material Acquisition occurs) (a "Material Acquisition Period"); provided further, that (a) immediately after the end of a Material Acquisition Period, the Total Secured Leverage Ratio shall automatically revert to 2.75 to 1.00 and (b) there shall be not more than one (1) Material Acquisition Period during the term of this Agreement.”

5.Amendment to Section 8.2.17  [Maximum Total  Leverage Ratio].  Section 8.2.17 of the Credit Agreement is hereby amended and restated as follows:

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“8.2.17     Maximum Total Leverage Ratio.

  The Loan Parties shall not permit the Total Leverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to exceed 5.50 to 1.00, with step downs (A) if an Equity Issuance has not occurred, to (i) 5.25 to 1.00 on December 31, 2019, (ii) 5.00 to 1.00 on December 31, 2020, and (iii) 4.75 to 1.00 on December 31, 2021; and (B) if an Equity Issuance has occurred, to (i) 5.25 to 1.00 upon such Equity Issuance, (ii) 5.00 to 1.00 on December 31, 2019, and (iii) 4.75 to 1.00 on December 31, 2020.”

6.Amendment to the Credit Agreement.  Effective as of the Third Amendment Closing Date and subject to the terms and conditions set forth herein and in reliance upon the representations and warranties set forth herein, the Credit Agreement shall be amended as set forth above.

7.Amendment to Schedules.  (a)  Each of the Schedules to the Credit Agreement listed in the table below is hereby amended and restated in its entirety as set forth on the respective correspondingly numbered Schedules attached hereto and made apart hereof:

	
	
Schedules:

	
Schedule 1.1(B) - Commitments of Lenders

	
Schedule 6.1.1 - Qualifications To Do Business (as of the Third Amendment Closing Date)

	
Schedule 6.1.2 - Subsidiaries

	
Schedule 6.1.7 - Owned and Leased Real Property (as of the Third Amendment Closing Date)

	
Schedule 6.1.16 - Partnership Agreements; LLC Agreements

	
Schedule 6.1.23 - Environmental Disclosures

	
Schedule 8.2.9 - Permitted Partnerships, LLC’s, Joint Ventures

 

(b)  Each of the Schedules to the Pledge Agreement and the Security Agreement listed in the table below are hereby amended and restated in their entirety as set forth on the respective corresponding Schedules attached hereto and made apart hereof:

 

	
	
Schedules:

	
Schedule A to Pledge Agreement

	
Schedules to Security Agreement

 

(c)  Each of the Patent, Trademark and Copyright Security Agreement Schedules and the Material IP Listing are hereby amended and restated in their entirety as set forth in the respective documents delivered to the Administrative Agent.

8.Amendment to Exhibits.  Exhibit 8.2.6 and Exhibit 8.3.3 of the Credit Agreement are hereby amended and restated in their entirety as set forth on, Exhibit 8.2.6 [Acquisition Compliance Certificate] and Exhibit 8.3.3 [Quarterly Compliance Certificate], attached hereto and made a part hereof.

9.Revolving Credit Commitments and Term Loans.  One or more of the Lenders (each, a “Non-Extending Lender”) has elected not to extend its Revolving Credit Commitment 

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pursuant to the terms of this Amendment, and as a result, its Revolving Credit Commitment shall terminate on the Third Amendment Closing Date, and the Term Loan of each Non-Extending Lender shall be paid in full on the Third Amendment Closing Date.  The Revolving Credit Commitments and Term Loans of the Lenders who continue to extend Revolving Credit Commitments and Term Loans to the Borrower are hereby reallocated among the Lenders effective as of the Third Amendment Closing Date.  Each such Lender, by executing and delivering this Amendment, agrees in connection therewith (i) to provide a Revolving Credit Commitment in the amount for such Lender as set forth on Schedule 1.1(B) attached hereto, and (iii) to continue to provide a Term Loan to the Borrower in the amount for such Lender as set forth on Schedule 1.1(B) attached hereto.  The aggregate amount of the Term Loans outstanding on the Third Amendment Closing Date is $87,500,000.00.

10.Conditions Precedent.  The Loan Parties and the Lenders acknowledge and agree that the amendments set forth herein shall only be effective upon the occurrence of all the following conditions precedent:

(a)Amendment; Replacement Notes.  The Loan Parties, the Administrative Agent and the Lenders shall have executed and delivered this Amendment to the Administrative Agent. The Borrower shall have executed and delivered to the Administrative Agent replacement Notes for any Lender which (i) is increasing its Revolving Credit Commitment and/or Term Loan as of the Third Amendment Closing Date, and (ii) has requested a replacement Note in the amount of such increased Revolving Credit Commitment or Term Loan.

(b)Officer’s Certificates.  The Administrative Agent shall have received a certificate of each of the Loan Parties signed by an Authorized Officer, dated as of the date hereof stating that (i) all representations and warranties of the Loan Parties set forth in the Credit Agreement are true and correct in all material respects (ii) the Loan Parties are in compliance with each of the covenants and conditions in this Amendment and the Credit Agreement, (iii) no Event of Default or Potential Default exists, and (iv) no Material Adverse Change has occurred since December 31, 2018.

(c)Secretary’s Certificates.  The Administrative Agent shall have received a certificate dated as of the date hereof and signed by the Secretary or an Assistant Secretary of each of the Loan Parties, certifying as appropriate as to: (a) all action taken by each Loan Party in connection with this Amendment, (b) the names of the Authorized Officers authorized to sign this Amendment and their true signatures, (c) copies of its organizational document as in effect on the Third Amendment Closing Date certified by the appropriate state official where such documents are filed in a state office or the fact that the previously delivered organizational documents of each Loan Party are still in full force and effect and have not been amended, and (d) certificates from the appropriate state officials as to the continued existence and good standing of each Loan Party in each state where organized.

(d)Legal Opinion.  The Administrative Agent and Lenders shall have received a written opinion of counsel to the Loan Parties, in form and substance satisfactory to the Administrative Agent, dated as of the Third Amendment Closing Date.

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(e)Know-Your-Customer Diligence.  At least five Business Days prior to the Third Amendment Closing Date, the Administrative Agent shall have received all documentation and other information requested by the Administrative Agent or any Lender that is required by U.S. regulatory authorities under applicable “know-your-customer” and anti-money laundering rules and regulations, including the Patriot Act.

(f)Approvals.  The Administrative Agent shall have received evidence that all material regulatory approvals and licenses necessary for the consummation of the transactions under this Amendment have been completed, and there shall be an absence of any legal or regulatory prohibitions or restrictions upon the consummation of the transactions under this Amendment. 

(g)Fees.  The Borrower shall have paid to the Administrative Agent all fees due and owing pursuant to the fee letter dated as of April 4, 2019 by and among the Borrower, the Administrative Agent and PNC Capital Markets LLC.

(h)Miscellaneous.  Such other documents, agreements, instruments, deliverables and items deemed necessary by the Administrative Agent.

11.Representations, Warranties and Covenants.  The Borrower and each Guarantor covenants and agrees with and represents and warrants to the Administrative Agent and the Lenders as follows:

(a)the Borrower’s and Guarantors’ obligations under the Credit Agreement, as modified hereby, are and shall remain secured by the Collateral, pursuant to the terms of the Credit Agreement and the other Loan Documents;

(b)the Borrower and each of the Guarantors possesses all of the powers requisite for it to enter into and carry out the transactions of the Borrower and each Guarantor referred to herein and to execute, enter into and perform the terms and conditions of this Amendment, the Credit Agreement and the other Loan Documents and any other documents contemplated herein that are to be performed by the Borrower or such Guarantor; any and all actions required or necessary pursuant to the Borrower’s or such Guarantor’s organizational documents or otherwise have been taken to authorize the due execution, delivery and performance by the Borrower and such Guarantor of the terms and conditions of this Amendment; the officers of the Borrower and each Guarantor executing this Amendment are the duly elected, qualified, acting and incumbent officers of such Loan Party and hold the titles set forth below their names on the signature lines of this Amendment; and such execution, delivery and performance will not conflict with, constitute a default under or result in a breach of any applicable law or any agreement, instrument, order, writ, judgment, injunction or decree to which the Borrower or such Guarantor is a party or by which the Borrower or such Guarantor or any of its properties is bound, and that all consents, authorizations and/or approvals required or necessary from any third parties in connection with the entry into, delivery and performance by the Borrower and such Guarantor of the terms and conditions of this Amendment, the Credit Agreement, the other Loan Documents and the transactions 

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contemplated hereby have been obtained by the Borrower and such Guarantor and are full force and effect;

(c)this Amendment, the Credit Agreement, and the other Loan Documents constitute the valid and legally binding obligations of the Borrower and each Guarantor, enforceable against the Borrower and each Guarantor in accordance with their respective terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws and by general equitable principles, whether enforcement is sought by proceedings at law or in equity;

(d)all representations and warranties made by the Borrower and each Guarantor in the Credit Agreement and the other Loan Documents are true and correct in all material respects (or in the case of any such representation and warranty that is qualified by materiality or reference to Material Adverse Change, in all respects) as of the date hereof, except to the extent that any such representation and warranty relates to a specific date, in which case such representation and warranty shall be true and correct in all material respects (or in the case of any such representation and warranty that is qualified by materiality or reference to Material Adverse Change, in all respects) as of such earlier date, with the same force and effect as if all such representations and warranties were fully set forth herein and made as of the date hereof and the Borrower and each Guarantor has complied with all covenants and undertakings in the Credit Agreement and the other Loan Documents;

(e)no Event of Default or Potential Default has occurred and is continuing under the Credit Agreement or the other Loan Documents; there exist no defenses, offsets, counterclaims or other claims with respect to the Borrower’s or any Guarantor’s obligations and liabilities under the Credit Agreement or any of the other Loan Documents; and

(f)the Borrower and each Guarantor hereby ratifies and confirms in full its duties and obligations under the Credit Agreement, the Guaranty Agreement, and the other Loan Documents applicable to it, each as modified hereby.

12.Incorporation into Credit Agreement and other Loan Documents.  This Amendment shall be incorporated into the Credit Agreement by this reference and each reference to the Credit Agreement that is made in the Credit Agreement or any other document executed or to be executed in connection therewith shall hereafter be construed as a reference to the Credit Agreement as amended hereby.  The term “Loan Documents” as defined in the Credit Agreement shall include this Amendment.

13.Severability.  If any one or more of the provisions contained in this Amendment, the Credit Agreement, or the other Loan Documents shall be held invalid, illegal or unenforceable in any respect, the validity, legality or enforceability of the remaining provisions contained in this Amendment, the Credit Agreement or the other Loan Documents shall not in any way be affected or impaired thereby, and this Amendment shall otherwise remain in full force and effect.

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14.Successors and Assigns.  This Amendment shall apply to and be binding upon the Borrower and each Guarantor in all respects and shall inure to the benefit of each of the Administrative Agent and the Lenders and their respective successors and assigns, provided that neither the Borrower nor any Guarantor may assign, transfer or delegate its duties and obligations hereunder.  Nothing expressed or referred to in this Amendment is intended or shall be construed to give any person or entity other than the parties hereto a legal or equitable right, remedy or claim under or with respect to this Amendment, the Credit Agreement or any of the other Loan Documents, it being the intention of the parties hereto that this Amendment and all of its provisions and conditions are for the sole and exclusive benefit of the Borrower, the Guarantors, the Administrative Agent and the Lenders.

15.Reimbursement of Expenses.  The Borrower unconditionally agrees to pay and reimburse the Administrative Agent and save the Administrative Agent harmless against liability for the payment of reasonable out-of-pocket costs, expenses and disbursements, including without limitation, fees and expenses of counsel incurred by the Administrative Agent in connection with the development, preparation, execution, administration, interpretation or performance of this Amendment and all other documents or instruments to be delivered in connection herewith.

16.Counterparts.  This Amendment may be executed by different parties hereto in any number of separate counterparts, each of which, when so executed and delivered shall be an original and all such counterparts shall together constitute one and the same instrument.

17.Entire Agreement.  This Amendment sets forth the entire agreement and understanding of the parties with respect to the transactions contemplated hereby and supersedes all prior understandings and agreements, whether written or oral, between the parties hereto relating to the subject matter hereof.  No representation, promise, inducement or statement of intention has been made by any party which is not embodied in this Amendment, and no party shall be bound by or liable for any alleged representation, promise, inducement or statement of intention not set forth herein.

18.Headings.  The various headings of this Amendment are inserted for convenience only and shall not affect the meaning or interpretation of this Amendment or any provisions hereof.

19.Construction.  The rules of construction set forth in Section 1.2 [Construction] of the Credit Agreement shall apply to this Amendment.

20.Governing Law.  This Amendment shall be deemed to be a contract under the laws of the State of New York and for all purposes shall be governed by and construed and enforced in accordance with the internal laws of the State of New York without regard to its conflict of laws principles.

21.Amendment/Novation.  This Amendment amends, among other things, the Credit Agreement.  All references to the “Credit Agreement” contained in the other Loan Documents delivered in connection with the Credit Agreement or this Amendment shall, and shall be deemed to refer to the Credit Agreement as amended by this Amendment.   Notwithstanding the 

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foregoing, the Obligations of the Borrower and the other Loan Parties outstanding under the Credit Agreement and the Loan Documents as of the Third Amendment Closing Date shall remain outstanding and shall constitute continuing Obligations without novation and shall continue as such to be secured by the Collateral.  Such Obligations shall in all respects be continuing and this Amendment shall not be deemed to evidence or result in a novation or repayment and reborrowing of such Obligations.  The Liens securing payment of the Obligations under the Credit Agreement, as amended in the form attached to this this Amendment, shall in all respects be continuing, securing the payment of all Obligations.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

[SIGNATURE PAGES FOLLOW]

 

 

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[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

 

IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have executed this Amendment as of the day and year first above written.

			
	
 
	
BORROWER:

 

	
 
	
KOPPERS INC.,

a Pennsylvania corporation

 

 

By: /s/ Michael J. Zugay

Name: Michael J. Zugay

Title: Treasurer

 

	
 
	
GUARANTORS:

 

	
 
	
KOPPERS HOLDINGS INC.,

a Pennsylvania corporation

KOPPERS DELAWARE, INC.,

a Delaware corporation

KOPPERS ASIA LLC,

a Delaware limited liability company

KOPPERS PERFORMANCE CHEMICALS INC., 
a New York corporation

KOPPERS RAILROAD STRUCTURES INC., 
a Delaware corporation

 

 

By: /s/ StevenR. Lacy

Name: Steven R. Lacy

Title:Secretary

 

	
 
	
KOPPERS WORLD-WIDE VENTURES CORPORATION,

a Delaware corporation

 

 

By: /s/ StevenR. Lacy

Name: Steven R. Lacy

Title:Secretary

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

			
	
 
	
BORROWER:

 

	
 
	
KOPPERS RECOVERY RESOURCES LLC

a Kansas limited liability company

KOPPERS VENTURES INC.,

a Delaware corporation

 

 

By: /s/ StevenR. Lacy

Name: Steven R. Lacy

Title:Secretary

 

	
 
	
KOPPERS-NEVADA LIMITED-LIABILITY COMPANY, 
a Nevada limited liability company
KOPPERS NZ LLC, 
a New York limited liability company
WOOD PROTECTION MANAGEMENT LLC, 
a Nevada limited liability company

 

By: /s/ StevenR. Lacy

Name: Steven R. Lacy

Title:Manager

 

	
 
	
WOOD PROTECTION LP,

a Texas limited partnership

By:WOOD PROTECTION MANAGEMENT LLC,

as General Partner

 

By: /s/ StevenR. Lacy

Name:Steven R. Lacy

Title:Manager

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

			
	
 
	
BORROWER:

 

	
 
	
KOPPERS UTILITY AND INDUSTRIAL PRODUCTS INC.,
a South Carolina corporation
COX WOOD PRESERVING COMPANY,
a South Carolina corporation
NATIONAL WOOD SOURCING, LLC,
a South Carolina limited liability company
SUSTAINABLE MANAGEMENT SYSTEMS, LLC,
a South Carolina limited liability company
ATLANTIC POLE- GEORGIA, LLC,
a South Carolina limited liability company
ATLANTIC POLE- VIRGINIA, LLC,
a South Carolina limited liability company
COX RECOVERY SERVICES, LLC,
a South Carolina limited liability company
RUBY’S CORNER, LLC,
a South Carolina limited liability company
SWEETWATER WOOD HOLDINGS, LLC,
a South Carolina limited liability company
CAROLINA POLE, INC.,
a South Carolina corporation
NORTH-SOUTH WOOD PRESERVING COMPANY, INC.,
a South Carolina Corporation
STRUCTURAL WOODS PRESERVING CO.,
a North Carolina corporation
COVE CITY WOOD PRESERVING, INC.,
a North Carolina corporation
CAROLINA POLE LELAND, INC.,
a North Carolina corporation
LELAND LAND LLC,
a North Carolina limited liability company
COX WOOD OF ALABAMA, LLC,
an Alabama limited liability company
COX WOOD OF VIRGINIA, LLC,
a Virginia limited liability company

 

By: /s/ StevenR. Lacy

Name: Steven R. Lacy

Title:Secretary

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

		
		
	
 
	
ADMINISTRATIVE AGENT AND LENDERS:

 

	
 
	
PNC BANK, NATIONAL ASSOCIATION,

as a Lender and as Administrative Agent

 

 

By: /s/ Gregory E. Truitt

Name:Gregory E. Truitt

Title:Vice President

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
	
 
	
WELLS FARGO BANK, NATIONAL ASSOCIATION,

as a Lender

 

 

By: /s/ J. Barrett Donovan

Name:J. Barrett Donovan

Title:Senior Vice President

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
	
 
	
BANK OF AMERICA, N.A.,

as a Lender

 

 

By: /s/ Katherine Osele

Name:Katherine Osele

Title:Senior Vice President

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
	
 
	
FIFTH THIRD BANK,

as a Lender

 

 

By: /s/ Michael S. Barnett

Name:Michael S. Barnett

Title:Senior Vice President

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
BANK OF MONTREAL,

as a Lender

 

 

By: /s/ Matthew Gerber

Name:Matthew Gerber

Title:Managing Director

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

 

		
	
 
	
MUFG BANK, LTD.,

as a Lender

 

 

By: /s/ Liwei Liu

Name:Liwei Liu

Title:Vice President

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
CITIZENS BANK, N.A., as successor by merger to Citizens Bank of Pennsylvania, as a Lender

 

 

By: /s/ Carl S. Tabacjar, Jr.

Name:Carl S. Tabacjar, Jr.

Title:Senior Vice President

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
KEYBANK NATIONAL ASSOCIATION,

as a Lender

 

 

By: /s/ Bruce A. Sharp

Name:Bruce A. Sharp

Title:Senior Banker

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
NORTHWEST BANK,

as a Lender

 

 

By: /s/ C. Forrest Tefft

Name:C. Forrest Tefft

Title:Senior Vice President

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
THE HUNTINGTON NATIONAL BANK,

as a Lender

 

 

By: /s/ Michael Kiss

Name:Michael Kiss

Title:Vice President

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
FIRST NATIONAL BANK OF PENNSYLVANIA,

as a Lender

 

 

By: /s/ Dennis F. Lennon

Name:Dennis F. Lennon

Title:Vice President

 

	
 
	
 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
TRISTATE CAPITAL BANK,

as a Lender

 

 

By: /s/ Ellen Frank

Name:Ellen Frank

Title:Senior Vice President

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
WASHINGTON FINANCIAL BANK,

as a Lender

 

 

By: /s/ Anthony M. Cardone

Name:Anthony M. Cardone

Title:Vice President

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
 
	
SUNTRUST BANK,

as a Lender

 

 

By: /s/ Lisa Garling

Name:Lisa Garling

Title: Director

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

		
		
	
     The undersigned Lender is executing this Amendment solely for the purpose of acknowledging the termination of its Revolving Credit Commitment and the repayment of its Term Loan.

	
 
	
 

 

 

FIRST COMMONWEALTH BANK,

as a Non-Extending Lender

 

 

By: /s/ David H. McGowan

Name:  David H. McGowan

Title:  Senior Corporate Banker, SVP

 

 

 

 

 

SCHEDULE 1.1(B)

COMMITMENTS OF LENDERS AND ADDRESSES FOR NOTICES

Part 1 - Commitments of Lenders and Addresses for Notices to Lenders

					
	
Lender
	
Amount of Commitment for Revolving Credit Loans
	
Amount of Commitment for Term Loans
	
Commitment
	
Ratable Share

	
Name:PNC Bank, National Association
Address:The Tower at PNC
300 Fifth Avenue
Pittsburgh, Pennsylvania 15222
Attention: Tracy J. DeCock, Senior Vice President
Email:tracy.decock@pnc.com
Telephone:412-762-9999
Telecopy:412-762-4718

with a copy to:

Name:PNC Agency Services
Address:PNC Bank, National Association
PNC Firstside Center
500 First Avenue
Pittsburgh, Pennsylvania 15219
Attention:Steven Franceschi
Email:steven.franceschi@pnc.com
Telephone:412-762-7691
	
$89,018,181.82
	
$12,981,818.18
	
$102,000,000.00
	
14.836363636%

	
Name: Wells Fargo Bank, National
Association
Address:11 Stanwix Street
Suite 2300
Pittsburgh, PA 15222
Attention: J. Barrett Donovan
Email:barrett.donovan@wellsfargo.com
Telephone:412-209-3006
	
$73,309,090.91
	
$10,690,909.09
	
$84,000,000.00
	
12.218181818%

	
Name: Bank of America, N.A.
Address: US Steel Tower
600 Grant Street, 53rd Floor
Pittsburgh, PA 15219
Attention: Katie Osele
Email:katherine.osele@baml.com
Telephone:412-338-8742
Telecopy:212-909-8548
	
$61,090,909.08
	
$8,909,090.92
	
$70,000,000.00
	
10.181818182%

Schedule 1.1(B) – Page 1

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Lender
	
Amount of Commitment for Revolving Credit Loans
	
Amount of Commitment for Term Loans
	
Commitment
	
Ratable Share

	
Name: Fifth Third Bank
Address: Gulf Tower
707 Grant Street, 21st Floor
MD AGTB21
Pittsburgh, PA  15219
Attention: Michael S. Barnett
Email:michael.barnett@53.com
Telephone:412-291-5457
Telecopy:412-291-5411
	
$57,857,142.86
	
$8,437,499.99
	
$66,294,642.85
	
9.642857142%

	
Name: Bank of Montreal
Address: 115 S. LaSalle Street
25th Floor West
Chicago, IL 60603
Attention: Joshua Hovermale
Email:joshua.hovermale@bmo.com
Telephone:312-461-7120
Telecopy:312-293-4327
	
$45,381,818.18
	
$6,618,181.82
	
$52,000,000.00
	
7.563636364%

	
Name: MUFG Bank, Ltd.
Address: 1221 Avenue of the Americas
New York, NY  10020-1104
Attention: Mustafa Khan
Email:mukhan@us.mufg.jp
Telephone:212-782-4458
	
$42,857,142.86
	
$6,249,999.99
	
$49,107,142.85
	
7.142857142%

	
Name: Citizens Bank
Address: 525 William Penn Place
PW 2625
Pittsburgh, PA  15219
Attention: Carl Tabacjar
Email:carl.s.tabacjar@citizensbank.com
Telephone:412-867-2432
	
$42,857,142.86
	
$6,249,999.99
	
$49,107,142.85
	
7.142857142%

	
Name: KeyBank National Association
Address: 11 Stanwix Street, 15th Floor
Pittsburgh, PA 15222
Attention: Bruce Sharp
Email:bruce_a_sharp@keybank.com
Telephone:412-222-1491
	
$42,857,142.86
	
$6,249,999.99
	
$49,107,142.85
	
7.142857142%

	
Name: SunTrust Bank
Address: 500 West Monroe Street
Chicago, Illinois 60661
Attention: Lisa Garling
Email:Lisa.Garling@suntrust.com
Telephone:312-356-3295
	
$36,654,545.45
	
$5,345,454.55
	
$42,000,000.00
	
6.109090909%

Schedule 1.1(B) – Page 2

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Lender
	
Amount of Commitment for Revolving Credit Loans
	
Amount of Commitment for Term Loans
	
Commitment
	
Ratable Share

	
Name: Northwest Bank
Address: 535 Smithfield Street, Suite 501
Pittsburgh, PA  15222
Attention: C. Forrest Tefft
Email:ftefft@nwbcorp.com
Telephone:412-325-6216 ext 3
	
$30,545,454.55
	
$4,454,545.45
	
$35,000,000.00
	
5.090909091%

	
Name: The Huntington National Bank
Address: 222 North LaSalle
Suite 1200
Chicago, IL  60601
Attention: Michael Kiss
Email:Michael.Kiss@huntington.com
Telephone:312-762-2163
Telecopy:877-860-4154
	
$30,000,000.00
	
$4,375,000.00
	
$34,375,000.00
	
5.000000000%

	
Name: First National Bank of Pennsylvania
Address: 12 Federal Street
Pittsburgh, PA  15212
Attention: Dennis F. Lennon
Email:Lennon@fnb-corp.com
Telephone:412-395-2042
Telecopy:412-231-3584
	
$30,000,000.00
	
$4,375,000.00
	
$34,375,000.00
	
5.000000000%

	
Name: Tristate Capital Bank
Address: 789 E. Lancaster Avenue, Suite 240
Villanova, PA  19085
Attention: Ellen Frank
Email:EFrank@tscbank.com
Telephone:610-526-6771
	
$11,142,857.14
	
$1,625,000.01
	
$12,767,857.15
	
1.857142858%

	
Name: Washington Financial Bank
Address: 77 South Main Street
Washington, PA  15301
Attention: Anthony M. Cardone
Email:acardone@mywashingtonfinancial.com
Telephone:724-206-1113
Telecopy:724-225-8642
	
$6,428,571.43
	
$937,500.02
	
$7,366,071.45
	
1.071428575%

	
TOTAL
	
$600,000,000
	
$87,500,000
	
$687,500,000
	
100.0000000%

 

Schedule 1.1(B) – Page 3

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE 1.1(B)

COMMITMENTS OF LENDERS AND ADDRESSES FOR NOTICES

Part 2 - Addresses for Notices to Borrower and Guarantors:

 

ADMINISTRATIVE AGENT

Name:PNC Bank, National Association
Address:The Tower at PNC 
300 Fifth Avenue, 13th Floor
Pittsburgh, Pennsylvania 15222
Attention: Tracy J. DeCock, Senior Vice President
Email:tracy.decock@pnc.com
Telephone:412-762-9999
Telecopy:412-762-4718

with a copy to:

Name:PNC Agency Services
Address:PNC Bank, National Association
PNC Firstside Center
500 First Avenue
Pittsburgh, Pennsylvania 15219
Attention:Steven Franceschi
Email:steven.franceschi@pnc.com

Telephone:412-762-7691
Telecopy:412-___-____

 

BORROWER:

Name: Koppers Inc.

Address:436 Seventh Avenue

Pittsburgh, Pennsylvania 15219

Attention:Michael J. Zugay

Email:ZugayMJ@koppers.com

Telephone:412-227-2231

Telecopy:412-227-2444

Schedule 1.1(B) – Page 4

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

 

GUARANTORS:

Name:[Name]

c/o Koppers Inc.

Address:436 Seventh Avenue

Pittsburgh, Pennsylvania 15219

Attention:Michael J. Zugay

Email:ZugayMJ@koppers.com

Telephone:412-227-2231

Telecopy:412-227-2444

 

Schedule 1.1(B) – Page 5

 

 

 

SCHEDULE 6.1.1

QUALIFICATIONS TO DO BUSINESS

			
	
Entity
	
Jurisdiction of
Incorporation/Organization
	
Jurisdictions of Qualification

	
Koppers Inc.
	
Pennsylvania
	
Alabama, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin

	
Koppers World-Wide Ventures Corporation
	
Delaware
	
 

	
Koppers Delaware, Inc.
	
Delaware
	
 

	
Koppers Assurance, Inc.
	
South Carolina
	
 

	
Koppers Asia LLC
	
Delaware
	
 

	
Koppers Holdings Inc.
	
Pennsylvania
	
 

	
Koppers Ventures Inc.
	
Delaware
	
 

	
Koppers Recovery Resources LLC (formerly known as M.A. Energy Resources, LLC)
	
Kansas
	
Michigan, Tennessee, Texas

	
Koppers Utility and Industrial Products Inc. (formerly known as Cox Industries, Inc.)
	
South Carolina
	
Texas, New Hampshire, Washington, New Jersey

	
Atlantic Pole - Georgia, LLC
	
South Carolina
	
Georgia

	
Atlantic Pole - Virginia, LLC
	
South Carolina
	
Virginia

	
Carolina Pole Leland, Inc.
	
North Carolina
	
Alabama, Florida, Georgia, Massachusetts, North Carolina, New Jersey, Pennsylvania

	
Carolina Pole, Inc.
	
South Carolina
	
Kansas

	
Cove City Wood Preserving, Inc.
	
North Carolina
	
 

	
Cox Recovery Services, LLC
	
South Carolina
	
 

	
Cox Wood of Alabama, LLC
	
Alabama
	
 

	
Cox Wood of Virginia, LLC
	
Virginia
	
 

	
Cox Wood Preserving Company
	
South Carolina
	
 

	
Leland Land LLC
	
North Carolina
	
 

	
National Wood Sourcing, LLC
	
South Carolina
	
 

	
North - South Wood Preserving Company, Inc.
	
South Carolina
	
 

	
Ruby’s Corner, LLC
	
South Carolina
	
 

	
Structural Woods Preserving Co.
	
North Carolina
	
 

	
Sustainable Management Systems LLC
	
South Carolina
	
 

	
Sweetwater Wood Holdings, LLC
	
South Carolina
	
Tennessee, Georgia

	
Koppers Australia Holding Company Pty Ltd
	
Australia (Victoria)
	
 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

			
	
Entity
	
Jurisdiction of
Incorporation/Organization
	
Jurisdictions of Qualification

	
Koppers Australia Pty Limited
	
Australia (NSW)
	
 

	
Koppers Wood Products Pty. Ltd.
	
Australia (NSW)
	
Philippines

	
Koppers Carbon Materials & Chemicals Pty Ltd.
	
Australia (NSW)
	
 

	
Continental Carbon Australia Pty Ltd.
	
Australia (NSW)
	
 

	
Koppers Ashcroft Inc.
	
British Columbia (Canada)
	
 

	
Koppers Europe ApS
	
Denmark
	
 

	
Koppers Denmark ApS
	
Denmark
	
 

	
Koppers Tar Tech International ApS
	
Denmark
	
 

	
Koppers European Holdings ApS
	
Denmark
	
 

	
Koppers Poland Sp. z.o.o
	
Poland
	
 

	
Koppers UK Holding Ltd.
	
England
	
 

	
Koppers UK Limited
	
England
	
 

	
Koppers UK Transport Limited
	
England
	
 

	
Koppers International B.V.
	
The Netherlands
	
 

	
Koppers Netherlands B.V.
	
The Netherlands
	
 

	
Koppers World-Wide Holdings C.V.
	
The Netherlands
	
 

	
Koppers Global Investments C.V.
	
The Netherlands
	
 

	
Koppers Australasian Investments C.V.
	
The Netherlands
	
 

	
Koppers Australasian B.V.
	
The Netherlands
	
 

	
Koppers UK Investments Ltd.
	
England
	
 

	
Tankrederij J.A. van Seumeren B.V.
	
The Netherlands
	
 

	
Koppers Performance Chemicals Inc.
	
New York
	
Georgia, Michigan, South Carolina, Tennessee, Washington

	
Koppers Railroad Structures Inc.
	
Delaware
	
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

	
Koppers Railroad Structures Canada Inc.
	
British Columbia, Canada
	
Alberta, Manitoba, Ontario, Saskatchewan

	
Koppers-Nevada Limited-Liability Company
	
Nevada
	
 

	
Wood Protection Management LLC
	
Nevada
	
Texas

	
Koppers Performance Chemicals Denmark ApS
	
Denmark
	
 

	
Koppers Performance Chemicals Australia Pty Ltd.
	
Australia
	
 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

			
	
Entity
	
Jurisdiction of
Incorporation/Organization
	
Jurisdictions of Qualification

	
Koppers (Thailand) Ltd.
	
Thailand
	
 

	
Protim Solignum Sdn Bhd
	
Malaysia
	
 

	
Comercial KPC Chile Limitada (formerly known as Comercial Osmose Chile Limitada)
	
Chile
	
 

	
Protim Solignum Ltd.
	
England
	
 

	
Koppers NZ LLC
	
New York
	
 

	
Timber Specialties Limited (formerly known as Timber Specialties Co.)
	
Nova Scotia, Canada
	
Registered agents in Ontario, Alberta, British Columbia, Manitoba, Newfoundland, Quebec and Saskatchewan

	
Wood Protection LP
	
Texas
	
 

	
Oy Koppers Finland Ab
	
Finland
	
 

	
Koppers Sweden AB
	
Sweden
	
 

	
Koppers Norway AS
	
Norway
	
 

	
Koppers Deutschland GmbH
	
Germany
	
 

	
Koppers Latvia SIA
	
Latvia
	
 

	
Protim Solignum South Africa Pty Ltd.
	
South Africa
	
 

	
Koppers Performance Chemicals New Zealand
	
New Zealand
	
 

	
Koppers NZ Holdings
	
New Zealand
	
 

	
Protim Ltd.
	
Ireland
	
 

	
Koppers Performance Chemicals Brasil Comercio de Preservantes Ltda.
	
Brazil
	
 

	
Retratar Espana S.L. 
	
Spain
	
 

 

 

 

 

SCHEDULE 6.1.2

SUBSIDIARIES1

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
 

Borrower’s United States Subsidiaries:

	
Koppers Asia LLC
	
Delaware limited liability company
	
None.
	
None.
	
Koppers Inc. owns 100% of the membership interest in Koppers Asia LLC

	
Koppers Assurance, Inc.
	
South Carolina corporation
	
100,000 shares of common stock are currently authorized.
	
50,000 shares of common stock are currently issued and outstanding.
	
Koppers Inc. owns 100% of the issued and outstanding common stock of Koppers Assurance, Inc.

	
Koppers Delaware, Inc.
	
Delaware corporation
	
1,000 shares of common stock are currently authorized.
	
1,000 shares of common stock are currently issued and outstanding.
	
Koppers Inc. owns 100% of the issued and outstanding common stock of Koppers Delaware, Inc.

	
Koppers Ventures Inc.
	
Delaware corporation
	
100 shares of common stock are currently authorized.
	
100 shares of common stock are currently issued and outstanding.
	
Koppers World-Wide Ventures Corporation owns 100% of the issued and outstanding common stock of Koppers Ventures Inc.

	
Koppers World-Wide Ventures Corporation
	
Delaware corporation
	
1,000 shares of common stock are currently authorized.
	
1,000 shares of common stock are currently issued and outstanding.
	
Koppers Inc. owns 100% of the issued and outstanding common stock of Koppers World-Wide Ventures Corporation

	
Koppers Recovery Resources LLC (formerly known as M.A. Energy Resources, LLC)
	
Kansas limited liability company
	
None.
	
None.
	
Koppers Inc. owns 100% of the membership interest in Koppers Recovery Resources LLC

	
	 

	
1 
	
 There are no options, warrants or other rights outstanding to purchase any of the Subsidiary Shares set forth on this Schedule 6.1.3.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Koppers Utility and Industrial Products Inc. (formerly known as Cox Industries, Inc.)
	
South Carolina corporation
	
1 share of common stock is currently authorized.
	
1 share of common stock is currently issued and outstanding.
	
Koppers Inc. owns 100% of the issued and outstanding common stock of Koppers Utility and Industrial Products Inc.

	
Atlantic Pole - Georgia, LLC
	
South Carolina limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in Atlantic Pole - Georgia, LLC

	
Atlantic Pole - Virginia, LLC
	
South Carolina limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in Atlantic Pole - Virginia, LLC

	
Carolina Pole Leland, Inc.
	
North Carolina corporation
	
100,000 shares of common stock are currently authorized.
	
100,000 shares of common stock are currently issued and outstanding.
	
Koppers Utility and Industrial Products Inc. owns 100% of the issued and outstanding common stock of Carolina Pole Leland, Inc.

	
Carolina Pole, Inc.
	
South Carolina corporation
	
1,000,000 shares of common stock are currently authorized.
	
260,000 shares of common stock are currently issued and outstanding.
	
Koppers Utility and Industrial Products Inc. owns 100% of the issued and outstanding common stock of Carolina Pole, Inc.

	
Cove City Wood Preserving, Inc.
	
North Carolina corporation
	
1,000,000 shares of common stock are currently authorized.
	
260,000 shares of common stock are currently issued and outstanding.
	
Koppers Utility and Industrial Products Inc. owns 100% of the issued and outstanding common stock of Cove City Wood Preserving, Inc.

	
Cox Recovery Services, LLC
	
South Carolina limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in Cox Recovery Services, LLC

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Cox Wood of Alabama, LLC
	
Alabama limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in Cox Wood of Alabama, LLC

	
Cox Wood of Virginia, LLC
	
Virginia limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in Cox Wood of Virginia, LLC

	
Cox Wood Preserving Company
	
South Carolina corporation
	
1,000,000 shares of common stock are currently authorized.
	
260,000 shares of common stock are currently issued and outstanding.
	
Koppers Utility and Industrial Products Inc. owns 100% of the issued and outstanding common stock of Cox Wood Preserving Company

	
Leland Land LLC
	
North Carolina limited liability company
	
None.
	
None.
	
Carolina Pole, Inc. owns 100% of the membership interest in Leland Land LLC

	
National Wood Sourcing, LLC
	
South Carolina limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in National Wood Sourcing, LLC

	
North - South Wood Preserving Company, Inc.
	
South Carolina corporation
	
100,000 shares of common stock are currently authorized.
	
2,000 shares of common stock are currently issued and outstanding.
	
Koppers Utility and Industrial Products Inc. owns 100% of the issued and outstanding common stock of North - South Wood Preserving Company, Inc.

	
Ruby’s Corner, LLC
	
South Carolina limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in Ruby’s Corner, LLC

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Structural Woods Preserving Co.
	
North Carolina corporation
	
100,000 shares of common stock are currently authorized.
	
95,000 shares of common stock are currently issued and outstanding.
	
Koppers Utility and Industrial Products Inc. owns 100% of the issued and outstanding common stock of Structural Woods Preserving Co.

	
Sustainable Management Systems LLC
	
South Carolina limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in Sustainable Management Systems LLC

	
Sweetwater Wood Holdings, LLC
	
South Carolina limited liability company
	
None.
	
None.
	
Koppers Utility and Industrial Products Inc. owns 100% of the membership interest in Sweetwater Wood Holdings, LLC

	
 

Borrower’s Australian Subsidiaries:

	
Koppers Australia Holding Company Pty Ltd.
	
Australian corporation (Victoria)
	
Ordinary, “A” class, “B” class, “C” class, “D” class, “E” class, “F” class, “G” class, “H” class and Redeemable Preference Shares are currently authorized.
	
12 Ordinary Shares fully paid are currently issued and outstanding.
	
Koppers Australasian B.V. owns 100% of the issued and outstanding common stock of Koppers Australia Holding Co. Pty Ltd.

	
Koppers Australia Pty Ltd.
	
Australian corporation (NSW)
	
Ordinary, Shares and “C” Shares are currently authorized.
	
12,375,000 ordinary shares fully paid are currently issued and outstanding and 2,183,824 non- voting C shares are currently issued and outstanding.
	
Koppers Australia Holding Company Pty Ltd. currently owns 100% of the issued and outstanding ordinary shares of common stock of Koppers Australia Pty. Ltd and 100% of the issued and outstanding non-voting C shares.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Koppers Wood Products Pty Ltd.
	
Australian corporation (NSW)
	
Directors are currently authorized to control issuance of shares.
	
3,500,000 ordinary shares fully paid are currently issued and outstanding.
	
Koppers Australia Pty. Limited currently owns 100% of the issued and outstanding shares of nominal common stock of Koppers Wood Products Pty Ltd.

	
Koppers Carbon Materials & Chemicals Pty Ltd.
	
Australian corporation (NSW)
	
Directors are currently authorized to control issuance of shares.
	
2,000,000 ordinary shares fully paid are currently issued and outstanding.
	
Koppers Australia Pty. Limited currently owns 100% of the issued and outstanding shares of nominal common stock of Koppers Carbon Materials & Chemicals Pty Ltd.

	
Continental Carbon Australia Pty Ltd.
	
Australian corporation (NSW)
	
Directors are currently authorized to control issuance of shares.
	
8,000,000 ordinary shares fully paid are currently issued and outstanding.
	
Koppers Australia Pty Limited currently owns 100% of the issued and outstanding shares of nominal common stock of Continental Carbon Australia Pty Ltd.

	
Borrower’s Canadian Subsidiaries:

	
Koppers Ashcroft Inc.
	
British Columbia, Canada corporation
	
Unlimited shares of capital stock without par are currently authorized.
	
100 shares of common stock are currently issued and outstanding.
	
Koppers World-Wide Ventures Corporation currently owns 100% of the issued and outstanding shares of common stock of Koppers Ashcroft Inc.

	
Borrower’s European Subsidiaries:

	
Koppers Global Investments C.V.
	
The Netherlands – limited partnership
	
None.
	
None.
	
Koppers Ventures Inc. owns <1% of the interests and Koppers World-Wide Ventures Corporation owns >99% of the interests of Koppers Global Investments C.V.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Koppers UK Investments Ltd.
	
English limited corporation
	
Shares of ordinary A shares and shares of ordinary B shares are currently authorized.
	
198 ordinary A shares and 2 ordinary B shares of registered capital stock are currently issued and outstanding.
	
Koppers UK Ltd. owns 100% of the issued and outstanding shares of ordinary A stock and 100% of the issued and outstanding shares of ordinary B stock of Koppers UK Investments Ltd.

	
Koppers Australasian Investments C.V.
	
The Netherlands –limited partnership
	
None.
	
None.
	
Koppers Ventures Inc. owns <1% of the interests and Koppers World-Wide Holdings C.V. owns >99% of the interests of Koppers Australasian Investments C.V.

	
Koppers Australasian B.V.
	
The Netherlands – private limited liability company
	
One or more shares may be issued with a nominal value of EUR 1 per share.
	
1 share is currently issued and outstanding.
	
Koppers International B.V.

(Represented by its General Partner, Koppers Ventures Inc.) 

owns 100% of the issued and outstanding shares of Koppers Australasian B.V.

	
Koppers Europe ApS
	
Danish corporation
	
DKK 8,375,000 shares of registered capital stock are currently authorized.
	
DKK 8,375,000 shares of registered capital stock are currently issued and outstanding.
	
Koppers International B.V. currently owns 100% of the issued and outstanding shares of registered capital stock of Koppers Europe ApS.

	
Koppers Denmark ApS
	
Danish corporation
	
DKK 70,000,000 shares of registered capital stock are currently authorized.
	
DKK 70,000,000 shares of registered capital stock are currently issued and outstanding.
	
Koppers Europe ApS currently owns 100% of the issued and outstanding shares of registered capital stock of Koppers Denmark ApS.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Koppers Tar Tech International ApS
	
Danish corporation
	
DKK 2,000,000 shares of registered capital stock are currently authorized.
	
DKK 2,000,000 shares of registered capital stock are currently issued and outstanding.
	
Koppers Denmark ApS currently owns 100% of the issued and outstanding shares of registered capital stock of Koppers Tar Tech International ApS.

	
Koppers European Holdings ApS
	
Danish corporation
	
DKK 500,000 shares of registered capital stock are currently authorized.
	
DKK 500,000 shares of registered capital stock are currently issued and outstanding.
	
Koppers Denmark ApS owns 100% of the issued and outstanding shares of registered capital stock of Koppers European Holdings ApS.

	
Koppers Poland Sp. z.o.o.
	
Polish corporation (limited liability company)
	
PLN 1.700.000 divided into 3,400 shares with a value of PLN 500 each are currently authorized.
	
3,400 shares are currently issued and outstanding.
	
Koppers European Holdings ApS currently owns 100% of the issued and outstanding capital stock of Koppers Poland Sp. z.o.o.

	
Koppers UK Holding Ltd.
	
English limited corporation
	
3,900,000 shares of registered capital stock are currently authorized.
	
3,900,000 shares of registered capital stock are currently issued and outstanding.
	
Koppers European Holdings ApS currently owns 100% of the issued and outstanding capital stock of Koppers UK Holding Ltd.

	
Koppers UK Limited
	
English limited corporation
	
3,000,000 shares of registered capital stock are currently authorized.
	
1,560,000 shares of registered capital stock are currently issued and outstanding.
	
Koppers UK Holding Ltd. currently owns 100% of the issued and outstanding capital stock of Koppers UK Limited.

	
Koppers UK Transport Limited
	
English limited corporation
	
20,000 ordinary shares are currently authorized.
	
16,150 ordinary shares are currently issued and outstanding.
	
Koppers UK Investments Ltd currently owns 100% of the issued and outstanding capital stock of Koppers UK Transport Limited

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Koppers International B.V.
	
The Netherlands – private limited liability company
	
90,000 shares may be issued with a nominal value of EUR 1 per share.
	
18,000 shares are issued and outstanding with a nominal value of EUR 1 per share.
	
Koppers Australasian Investments C.V. (Represented by its General Partner, Koppers Ventures Inc.) owns 100% of the issued and outstanding shares of Koppers International B.V.

	
Koppers Netherlands B.V.
	
The Netherlands – private limited liability company
	
EUR 6,750,000.00 divided into 15,000 shares with a par value of EUR 450 each are authorized.
	
EUR 3,150,000.00 divided into 7,000 shares with a par value of EUR 450 each are issued and outstanding.
	
Koppers International B.V. owns 100% of the issued and outstanding shares of Koppers Netherlands B.V.

	
Koppers World- Wide Holdings C.V.
	
The Netherlands – limited partnership
	
None.
	
None.
	
Koppers Ventures Inc. owns <1% of the interests and Koppers Global Investments C.V. owns >99% of the interests of Koppers World-Wide Holdings C.V.

	
Tankrederij J.A. van Seumeren B.V.
	
The Netherlands – private limited liability company
	
NLG 75,000 (Dutch guilders) divided into 75 shares of NLG at 1,000 each are authorized.
	
NLG 15,000 shares are issued and outstanding.
	
Koppers Netherlands B.V. owns 100% of the issued and outstanding shares of Tankrederij J.A. van Seumeren B.V.

	
 

Borrower’s Subsidiaries acquired from Osmose Holdings, Inc.:

	
Koppers Performance Chemicals Inc.
	
New York corporation
	
2,250,000 shares of common stock are currently authorized. 52,600 shares of Preferred, Series A stock are currently authorized.
	
774,254 shares of common stock are currently issued and outstanding.  52,600 shares of Preferred Series A stock are currently issued and outstanding.
	
Koppers Inc. owns 100% of the issued and outstanding common stock of Koppers Performance Chemicals Inc.  Koppers UK Limited owns 100% of the issued and outstanding Preferred, Series A stock of Koppers Performance Chemicals Inc.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Koppers Railroad Structures Inc.
	
Delaware corporation
	
3,000 shares of common stock are currently authorized.
	
100 shares of common stock are currently issued and outstanding.
	
Koppers Inc. owns 100% of the issued and outstanding common stock of Koppers Railroad Structures Inc.

	
Koppers Railroad Structures Canada Inc.
	
British Columbia, Canada corporation
	
Common shares of no maximum amount are currently authorized.
	
100 shares of common stock are currently issued and outstanding.
	
Koppers Railroad Structures Inc. owns 100% of the issued and outstanding common stock of Koppers Railroad Structures Canada Inc.

	
Koppers-Nevada Limited-Liability Company
	
Nevada limited liability company
	
None.
	
None.
	
Koppers Performance Chemicals Inc. owns 100% of the interests of Koppers-Nevada Limited-Liability Company.

	
Wood Protection Management LLC
	
Nevada limited liability company
	
None.
	
None.
	
Koppers Performance Chemicals Inc. owns 100% percent of the interests of Wood Protection Management LLC

	
Koppers Performance Chemicals Denmark ApS
	
Danish corporation
	
DKK 4,001,000 shares of registered capital stock are currently authorized.
	
10 shares of capital stock are currently issued and outstanding.
	
Koppers Europe ApS owns 100% of the issued and outstanding shares of registered capital stock of Koppers Performance Chemicals Denmark ApS

	
Koppers Performance Chemicals Australia Pty Ltd.
	
Australian corporation (NSW)
	
4 ordinary shares are currently authorized.
	
4 ordinary shares are currently issued and outstanding.
	
Koppers Australia Holding Company Pty. Ltd. owns 100% of the issued and outstanding ordinary shares of Koppers Performance Chemicals Australia Pty. Ltd.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Koppers (Thailand) Ltd.
	
Thailand corporation
	
Registered capital is fixed at Baht 2,000,000 divided into 20,000 shares at 100 Baht per share.
	
20,000 shares of capital stock are currently issued and outstanding.
	
Koppers Performance Chemicals Inc. owns 74.995% of the issued and outstanding shares, Protim Solignum Ltd. owns 25% of the issued and outstanding shares, and Stuart Jepson owns 1 of the issued and outstanding shares of Koppers (Thailand) Ltd.

	
Protim Solignum Sdn Bhd
	
Malaysian corporation
	
RM 50,000 of ordinary share capital divided into 50,000 ordinary shares is currently authorized.
	
2 ordinary shares are currently issued and outstanding.
	
Koppers Performance Chemicals Inc. and Protim Solignum Ltd. each own 50% of the issued and outstanding ordinary shares of Protim Solignum Sdn Bhd. 

	
Comercial KPC Chile Limitada (formerly known as Comercial Osmose Chile Limitada)
	
Chilean corporation
	
CLP 5,000,000 of formal capital.
	
100% of the rights are currently issued and outstanding.
	
Koppers Performance Chemicals Inc. owns 99.9% of the issued and outstanding rights and Michael Grosty Cousino owns 0.1% of the issued and outstanding rights as nominee of Comercial KPC Chile Limitada.

	
Protim Solignum Ltd.
	
English limited corporation
	
2,020,001 ordinary shares are currently authorized.
	
2,020,001 ordinary shares are currently issued and outstanding.
	
Koppers UK Holding Ltd. owns 100% of the issued and outstanding ordinary shares of Protim Solignum Ltd.

	
Koppers NZ LLC
	
New York limited liability company
	
None.
	
None.
	
Koppers Performance Chemicals Inc. owns 100% of the interests of Koppers NZ LLC.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Timber Specialties Limited (formerly known as Timber Specialties Co.)
	
Nova Scotia, Canada corporation
	
Shares of common shares with the power to divide such shares into classes are currently authorized 
	
2 shares of common stock are currently issued and outstanding.
	
Koppers International B.V. owns 100% of the issued and outstanding shares of Timber Specialties Limited

	
Wood Protection LP
	
Texas limited partnership 
	
None.
	
None.
	
Koppers-Nevada Limited-Liability Company owns 99% of the interests and Wood Protection Management LLC owns 1% of the interests of Wood Protection LP.

	
Oy Koppers Finland Ab
	
Finnish corporation
	
EUR 10,000 capital stock is currently authorized.
	
234 shares of capital stock are currently issued and outstanding.
	
Koppers Performance Chemicals Denmark ApS owns 100% of the issued and outstanding capital stock of Oy Koppers Finland AB.

	
Koppers Sweden AB
	
Swedish corporation
	
SEK 1,000,000 of capital stock with a minimum of 50,000 shares and a maximum of 100,000 shares is currently authorized.
	
50,000 shares of capital stock are currently issued and outstanding.
	
Koppers Performance Chemicals Denmark ApS owns 100% of the issued and outstanding capital stock of Koppers Sweden AB.

	
Koppers Norway AS
	
Norwegian corporation
	
NOK 166,000 of share capital divided into 83 shares, each with a par value of NOK 2,000 is currently authorized.
	
83 shares are currently issued and outstanding.
	
Koppers Performance Chemicals Denmark ApS owns 100% of the issued and outstanding capital stock of Koppers Norway AS.

	
Koppers Deutschland GmbH
	
German corporation
	
EUR 25,000 of share capital is currently authorized.
	
EUR 25,000 of share capital is currently issued and outstanding.
	
Koppers Performance Chemicals Denmark ApS owns 100% of the issued and outstanding capital stock of Koppers Deutschland GmbH

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
	
Subsidiary Name
	
Jurisdiction of Incorporation/
Organization
	
Authorized
Capital Stock
	
Issued and Outstanding Shares of Capital Stock
	
Holders of Issued and Outstanding Shares of Capital Stock

	
Koppers Latvia SIA
	
Latvian corporation
	
EUR 2828 of capital stock divided into 101 shares is currently authorized.
	
101 shares of capital stock are currently issued and outstanding.
	
Koppers Performance Chemicals Denmark ApS owns 100% of the issued and outstanding capital stock of Koppers Latvia SIA.

	
Protim Solignum South Africa Pty Ltd.
	
South African corporation
	
1,000 shares are currently authorized. 
	
120 shares are currently issued and outstanding.
	
Protim Solignum Ltd. owns 100% of the issued and outstanding shares of Protim Solignum South Africa Pty Ltd.

	
Koppers Performance Chemicals New Zealand
	
New Zealand corporation
	
5,071,900 shares are currently authorized.
	
5,071,900 shares are currently issued and outstanding.
	
Koppers NZ Holdings owns 100% of the issued and outstanding shares of Koppers Performance Chemicals New Zealand.

	
Koppers NZ Holdings
	
New Zealand corporation
	
2 shares of capital stock are currently authorized.
	
2 shares are currently issued and outstanding.
	
Koppers Australasian B.V. owns 100% of the issued and outstanding shares of Koppers NZ Holdings.

	
Protim Ltd.
	
Irish corporation
	
EUR 100,000 of capital stock divided into 100,000 shares is currently authorized.
	
100 shares of capital stock are currently issued and outstanding.
	
Protim Solignum Ltd. owns 100% of the issued and outstanding shares of capital stock of Protim Ltd.

	
Koppers Performance Chemicals Brasil Comercio de Preservantes Ltda.
	
Brazilian corporation
	
N/A
	
8,909,218 quotas are currently issued and outstanding.
	
Koppers Performance Chemicals Inc. owns 99.99% and Koppers-Nevada Limited-Liability Company owns 0.01% of the issued and outstanding quotas of Koppers Performance Chemicals Brasil Comerico de Preservantes Ltda.

 

 

 

 

Schedule 6.1.7

 

US Real Property

 

				
	
FACILITY
	
CITY
	
STATE
	
OWNED OR LEASED

	
Auburn
	
Auburn
	
Me
	
Leased

	
Dubuque (Track)
	
Dubuque
	
IA
	
Leased

	
Dubuque (Mileston 183.5)
	
Dubuque
	
IA
	
Leased

	
Follansbee

 
	
Follansbee

 
	
WV
	
Owned

	
Garrison
	
Garrison
	
KY
	
Leased

	
Stickney
	
Cicero
	
IL
	
Owned and Leased

	
Woodward Tar
	
Dolomite
	
AL
	
Owned

	
Griffin - Vacant Lot
	
Griffin
	
GA
	
Owned

	
1016 Everee Inn Road
	
Griffin 
	
GA
	
Owned

	
Everee Inn Road (Vacant Lot)
	
Griffin
	
GA
	
Owned

	
1121 Anne Street
	
Griffin 
	
GA
	
Owned

	
1142 Anne Street
	
Griffin 
	
GA
	
Owned

	
1141 Anne Street
	
Griffin 
	
GA
	
Owned

	
1143 Anne Street
	
Griffin 
	
GA
	
Owned

	
1145 Anne Street
	
Griffin 
	
GA
	
Owned

	
Hope Hull
	
Hope Hull
	
AL
	
Leased

	
Millington
	
Millington
	
TN
	
Owned

	
Rock Hill
	
Rock Hill
	
SC
	
Owned

	
52430 Duncan Avenue
	
Hubbell 
	
MI
	
Leased

	
Hubbell
	
Hubbell (Tamarack City)
	
MI
	
Leased

	
3691 Tulane Road

 
	
Memphis
	
TN
	
Leased

	
372 Titan St.

 
	
Memphis
	
TN
	
Leased

	
3183 Tranquility Dr.

 
	
Memphis
	
TN
	
Leased

	
3333 Asteroid Rd.

 
	
Memphis
	
TN
	
Leased

	
Koppers Global Technology Center
	
Pittsburgh
	
PA
	
Leased

	
Koppers Headquarters
	
Pittsburgh
	
PA
	
Leased

	
4518 Tompkins Drive
	
Madison                            
	
WI
	
Owned

	
4546 Tompkins Drive
	
Madison                            
	
WI
	
Owned

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

				
	
FACILITY
	
CITY
	
STATE
	
OWNED OR LEASED

	
4602 Tompkins Drive 
	
Madison                            
	
WI
	
Owned

	
6405 Metcalf Ave., Ste.106
	
Overland Park
	
KS
	
Leased

	
100 New Hermitage Drive, Office 2B
	
Hermitage
	
MO
	
Leased

	
184 A&B, West Independence Blvd
	
Mount Airy
	
NC
	
Leased

	
Houston 
	
Houston
	
TX
	
Owned

	
6801 School Street
	
Valley City
	
OH
	
Leased

	
Denver

 
	
Denver

 
	
CO

 
	
Owned

	
Florence
	
Florence
	
SC
	
Owned

	
Grenada
	
Grenada
	
MS
	
Owned

	
Green Spring

 
	
Green Spring

 
	
WV
	
Owned

	
Guthrie

 
	
Guthrie

 
	
KY
	
Owned

	
North Little Rock
	
North Little Rock
	
AR
	
Owned

	
Roanoke
	
Salem
	
VA
	
Owned

	
Somerville

 
	
Somerville

 
	
TX
	
Owned

	
Susquehanna

 
	
Susquehanna

 
	
PA
	
Owned

	
Beaver Dam 
	
Beaver Dam 
	
KY
	
Leased

	
Corinth 
	
Corinth 
	
MS
	
Leased

	
Crewe 
	
Crewe 
	
VA
	
Leased

	
Dillwyn 
	
Dillwyn 
	
VA
	
Leased

	
Fordyce 
	
Fordyce 
	
AR
	
Owned

	
Galesburg
	
Galesburg
	
IL
	
Leased

	
Garrison
	
Garrison
	
KY
	
Leased

	
Holly Springs
	
Holly Springs
	
MS
	
Owned and Leased

	
Huntington
	
Huntington
	
WV
	
Leased

	
Jackson 
	
Jackson 
	
TN 
	
Leased

	
Lordstown
	
Lordstown
	
OH 
	
Leased

	
Mitchell 
	
Mitchell 
	
IN
	
Leased

	
Morrison 
	
McMinnville
	
TN 
	
Leased

	
Orange 
	
Orange 
	
VA
	
Leased

	
Paducah 
	
Paducah 
	
KY 
	
Leased

	
Poplar Bluff 
	
Poplar Bluff 
	
MO
	
Leased

	
Sedalia 
	
Sedalia 
	
MO
	
Leased

	
West Plains
	
West Plains
	
MO
	
Leased

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

				
	
FACILITY
	
CITY
	
STATE
	
OWNED OR LEASED

	
9401 Indian Creek Parkway
	
Overland Park
	
KS
	
Leased

	
12911 Highway 59 North
	
Queen City
	
TX
	
Leased

	
1999 North Teal Road
	
Orange
	
TX
	
Leased

	
11700 Fm 3129
	
Queen City
	
TX
	
Leased

	
17691 U.S. Hwy 41
	
L’Anse
	
MI
	
Leased

	
1901 Wood Treatment Road
	
Leland
	
NC
	
Owned

	
237 Forestry Road 
	
Eutawville 
	
SC
	
Owned

	
HWY 453/Eutaw Rd.
	
Holly Hill
	
SC
	
Owned

	
2960 Cox Road
	
Blackstone 
	
VA
	
Owned

	
704 Atlantic Avenue
	
Vidalia
	
GA
	
Owned

	
21366 General Thomas Highway
	
Newsoms 
	
VA
	
Owned

	
160 Preserver Rd
	
North
	
SC
	
Owned

	
2364 Savannah Highway
	
Sylvania 
	
GA
	
Owned

	
917/945 Two Church Road 
	
Bowman
	
SC
	
Owned

	
555 S. Main Street
	
Sweetwater
	
TN
	
Owned

	
Milport at Butler Road 128 Millport Circle

(Office Space 202 and 233)
	
Greenville
	
SC 
	
Leased

	
Milport at Butler Road 128 Millport Circle (Office Space 240)
	
Greenville
	
SC
	
Leased

	
707 Grant Street 
	
Pittsburgh
	
PA
	
Leased

	
8 acre parcel located at 7085 Eddy Road
	
Arbuckle
	
CA
	
Leased

	
Three-acre parcel at the Northeastern Industrial Park 
	
Guilderland Center
	
NY
	
Leased

	
Yard and Storage Space 
	
South Windham
	
CT
	
Leased

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

				
	
FACILITY
	
CITY
	
STATE
	
OWNED OR LEASED

	
Yard and Storage Space 
	
New Haven
	
CT
	
Leased

	
Corner of 12th Street and Avenue E
	
Council Bluffs
	
IA
	
Leased

	
1248 Buchanan Street
	
Green Bay
	
WI
	
Leased

	
Two parcels of land located at Main Line Mile Post 4.0 
	
Rochester
	
NY
	
Leased

	
1517 Route 38 
	
Hainesport
	
NJ
	
Leased

	
225 feet of Lessor’s Track No. 011 
	
Ivory, St Louis 
	
MO
	
Leased

	
219 E. Hoffmeister Ave. 
	
St. Louis 
	
MO
	
Leased

	
Premises in Oklahoma City, OK described in Exhibit to Lease
	
Oklahoma City
	
OK
	
Leased

	
18719 Highway 11
	
Vance
	
AL
	
Leased

	
310 Hendley St.
	
Fulton
	
AL
	
Leased

	
3223 Sunset Blvd 
	
West Columbia
	
SC
	
Leased

	
N. Railroad Avenue
	
Chauncey
	
GA
	
Leased

	
61 Union Street
	
Westfield
	
MA
	
Leased

	
1958 Broadway
	
Raynham
	
MA
	
Leased

	
860 Cannon Bridge Road
	
Orangeburg
	
SC
	
Leased

 

 

 

Australian/Asian Real Property

 

			
	
FACILITY
	
COUNTRY
	
OWNED OR LEASED 

	
Cafpirco Road

Cambier, SA 5290

Mount Gambier South Australia
	
AU
	
Owned

	
25 Buckley Grove, Moolap, Victoria

Moolap Victoria
	
AU
	
Owned

	
PO Box 9100

Bunbury Western Australia
	
AU
	
Owned/ Leased 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

			
	
FACILITY
	
COUNTRY
	
OWNED OR LEASED 

	
PO Box 335 
38 Red Lane

Grafton New South Wales
	
AU
	
Owned

	
PO Box 29 
24 Tannery Road

Longford Tasmania
	
AU
	
Owned 

	
PO Box 23 
Woodstock Street port cl

Mayfield New Castle

New South Wales
	
AU
	
Owned

	
Unit 12/ 49 Jijaws St., Sumner Park, QLD
	
AU
	
Leased

	
Biovista

No. 25-1 Jl. Damai Niaga

Alam Damai Cheras

5600 Kuala Lumpur 
	
Malaysia
	
Leased

	
6, Jalan 5, Kawasan Perusahaan, 

Bandar Sultan Sulaiman, 

Pelabuhan Klang, 

Selangor, 42000, Malaysia
	
Malaysia
	
Leased

	
19 Lebuh Sultan Mohamed 2, 

Bandar Sultan Sulaiman, 

Pelabuhan Klang, 

Selangor, 42000, Malaysia
	
Malaysia
	
Leased

	
152 Unit 1607, 16th Floor

Chartered Square Building

North Sathorn Road Silom

Bangkok 10500, Thailand
	
Thailand
	
Leased

	
PO Box 162 Hervey Bay 
225 Torbanlea Pialba Road

Takura Queensland 
	
AU
	
Leased

	
Unit 1214 Medical Plaza Makati Amorsolo St. Cor. De la Rosa Street 
Legaspi Village

Manilla Philippines
	
Philippines 
	
Leased

 

 

 

 

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

Canadian Real Property

 

			
	
FACILITY
	
COUNTRY
	
OWNED OR LEASED

	
1425 Evans Road, P.O. Box 1510 
Ashcroft, British Columbia V0K 1A0
	
Canada
	
Owned

	
35 Crawford Street, Campbellville ON L0P 1B0
	
Canada
	
Leased

	
304 Concession 11

Hagersville
	
Canada
	
Leased

 

China Real Property

 

			
	
FACILITY
	
COUNTRY
	
OWNED OR LEASED

	
Jingtan Port Balizhuangnan, Fengrunqu Tangshan 063039 
Hebei Provence 
	
China 
	
Owned

	
Tangshan Plant Balizhuangnan, Fengrunqu 
Hebei Province, Tangshan 063039
	
China 
	
Owned

 

New Zealand Real Property

 

			
	
FACILITY
	
COUNTY
	
OWNED OR LEASED

	
14 Mayo Road

Wiri, Manukau     Auckland    
	
New Zealand
	
Owned

	
8 Mayo Road

Wiri, Manukau     Auckland   
	
New Zealand
	
Owned

	
23 Yukon Place

Hornby, Christchurch
	
New Zealand
	
Owned

 

 

European Real Property

 

				
	
FACILITY
	
COUNTRY
	
OWNED OR LEASED
	
	
Lingfield Way
	
United Kingdom
	
Owned
	
	
Marlow
	
United Kingdom
	
Owned
	
 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

				
	
FACILITY
	
COUNTRY
	
OWNED OR LEASED
	
	
Plot 8 (Fieldhouse Lane) Marlow, Bucks, United Kingdom SL7 1LS

 
	
United Kingdom
	
Protim Solignum Limited / the Urban District Council of Marlow / Wycombe District Council

 
	
 

	
Stan Robinson (Stafford) Limited

Darlington Road,

Darlington, County Durham

Postal Code: DL1 4PT

 
	
United Kingdom

 
	
Owned
	
	
Unit 1214 Medical Plaza Makati Amorsolo St. Cor. De la Rosa Street 
Legaspi Village
	
Denmark
	
Owned/Leased
	
	
Avernakke
	
Nyborg
	
Lease
	
	
Ansgarsvej 7
	
Nyborg
	
Owned
	
	
11 Jamestown Rd.

Inchicore

Dublin 8
	
Ireland

 
	
Leased
	
	
Lundinkatu 10 B 35, FI-061000 Porvoo
	
Finland 

 
	
Leased
	
	
Premises No 30-11-2011/001

Sampetera Str. 2

1046 Riga, Latvia cadastral No. 0100 076 0184

 
	
Latvia

 
	
Leased
	
	
Lilla Garnisonsgatan 36

25467 Helsingborg
	
Sweden 

 
	
Leased
	
	
Lilla Garnisonsgatan 33

25467 Helsingborg
	
Sweden 
	
Leased
	
	
Ekvandan 6

N. Vala

Helsingborg
	
Sweden
	
Leased
	
	
St. Petri.g. 7

NO-3003 Drammen
	
Norway 
	
Leased
	
	
Myklerudveien

NO-1454 Fagerstrand
	
Norway
	
Leased
	
	
Espa

Heidtun 2

NO-2338 Espa
	
Norway
	
Leased
	

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

				
	
FACILITY
	
COUNTRY
	
OWNED OR LEASED
	
	
Am Sagewerk 26 D-D-68526 Ladenburg 

 
	
Germany
	
Leased
	
	
PL Rodla 8                                                                 70-419 Szezecin
	
Poland
	
Leased
	
	
Waibrzyskie Wharf
	
Poland
	
Leased
	
	
Molenlaan 55
1422 XN Uithoorn
	
The Netherlands
	
Leased
	

 

Latin American Real Property

			
	
FACILITY
	
COUNTY
	
OWNED OR LEASED

	
Rua Alexandre Schlemm 531, Sala 02

Barrio Anita Garibaldi, CEP 89202-181

Joinville

Estado do Santa Catarina
	
Brazil
	
Tecnologias De Madeiras Brasileiras Comercio de Preservantes Ltda. /

Ironildo Osellame

	
Americo Vespucio Norte 2680 Oficina “62” complejo El Cortijo
Comuna de Conchali 

Código postal 8551378 

Santiago – Region Metropolitanta 
	
Chile
	
Comercial Osmose Chile Limitada / Patagonica Immobiliaria S.A. (sublessor) / Banco Santander-Chile

 

 

 

 

 

SCHEDULE 6.1.16

PARTNERSHIP AGREEMENTS; LLC AGREEMENTS 

Koppers Asia LLC Operating Agreement

Amended and Restated Operating Agreement of Koppers-Nevada Limited-Liability Company

Amended and Restated Operating Agreement of Wood Protection Management LLC

Amended and Restated Operating Agreement of Koppers NZ LLC

Amended and Restated Agreement of Limited Partnership of Wood Protection LP

Amended and Restated Limited Partnership Agreement of Koppers Australasian Investments C.V.

Amended and Restated Limited Partnership Agreement of Koppers Global Investments C.V.

Amended and Restated Limited Partnership Agreement of Koppers World-Wide Holdings C.V.

Third Amended and Restated Operating Agreement of Koppers Recovery Resources LLC (formerly known as M.A. Energy Resources, LLC)

Amended and Restated Operating Agreement of Atlantic - Pole Georgia, LLC

Amended and Restated Operating Agreement of Atlantic - Pole Virginia, LLC

Amended and Restated Operating Agreement of Cox Recovery Services, LLC

Amended and Restated Operating Agreement of Cox Wood of Alabama, LLC

Amended and Restated Operating Agreement of Cox Wood of Virginia, LLC

Amended and Restated Operating Agreement of Leland Land LLC

Amended and Restated Operating Agreement of National Wood Sourcing, LLC

Amended and Restated Operating Agreement of Ruby’s Corner, LLC

Amended and Restated Operating Agreement of Sustainable Management Systems LLC

Amended and Restated Operating Agreement of Sweetwater Wood Holdings, LLC

 

 

 

 

SCHEDULE 6.1.23

 

ENVIRONMENTAL DISCLOSURES

 

Section 6.1.23(1), (2), (3):

 

	
 
	
1)
	
In February 2007, the United States Environmental Protection Agency (“USEPA”) Region IV issued an Information Request to both Koppers Inc. (the “Company”) and Beazer East, Inc. (“Beazer East”) regarding the investigation and remediation of the Grenada, MI facility. Subsequent meetings resolved the issues related to the owned property, but issues were raised concerning the possible migration of contaminants off the property. The Company, in cooperation with Beazer East, conducted a series of investigations of off-site properties and an onsite stormwater pond and have conducted remediation activities in certain areas. USEPA completed additional offsite sampling downgradient and upgradient of the site in September 2018. The results of this work are being reviewed.

 

	
 
	
2)
	
In July 2008, the Illinois EPA (“IEPA”) issued two Notices of Violation to the Company alleging improper management of hazardous materials at the Company’s Stickney, IL facility and demanding an investigation of the site. One Notice was for the owned portion of the site (38 acres) and one Notice was for the leased terminal. The Company, in cooperation with Beazer East, investigated both parcels. Remediation of the leased parcel is complete and IEPA issued a Return to Compliance Letter on the Notice related to the leased parcel. Investigation continues on the owned parcel which is under IEPA review. 

 

	
 
	
3)
	
In 2008, the Company was identified that it may be a potentially responsible party (“PRP”) at the LWD, Calvert City, KY CERCLA site. In 2009, USEPA accepted completion of remedial activities at the site. Subsequently, the Kentucky Department of Environmental Protection (“KYDEP”) identified additional potential work areas. In 2015, KYDEP approved the PRPs statement of work (capping and monitoring) and operation & maintenance (“O&M”) plan to address the identified areas, issued the Record of Decision (“ROD”), and executed the Agreed Order with the PRPs and the landowner to complete the incinerator remedy and O&M estimated at $6M. An Environmental Covenant was also filed on the property as required by the ROD and the Agreed Order. The work at the incinerator area was completed in 3Q and 4Q 2016. The construction completion report was submitted. Long-term O&M continues. The PRP Group’s and USEPA’s tolling agreements with non-settling parties expired on 12/31/2012 and the PRPs filed suit against non-settling parties at that time. The PRP Group has obtained funds from these previously non-settling parties.

 

	
 
	
4)
	
In September 2009, the Company received a general notice letter notifying it that it may be a PRP at the Newark Bay, NJ CERCLA site. In January 2010, the Company submitted a response to the general notice letter asserting that the Company is a de minimus party at this site. The Company has not received a response to this letter. 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

	
 
	
5)
	
Groundwater sampling conducted in 2012 and 2013 at the Osmose, Inc. facility in Mt. Gambier, Australia indicated the presence of dissolved chromium at levels above applicable guidelines. Pursuant to a letter directive (2013) by the South Australia EPA (the “SAEPA”), the Company conducted further investigation at the site to assess the possible sources and extent of chromium in groundwater at the site. Following agency review, a groundwater extraction test program was conducted in 2017 to assess control of migration of chromium through pumping. The SAEPA requested a Voluntary Site Remedial Plan (“VSRP”) to implement the proposed pumping / gradient control program; final approval of the provided VSRP is pending.

 

	
 
	
6)
	
Following the acquisition of Osmose, Inc., the Company, following up on the Company’s Millington, TN facility’s voluntary entry into the Tennessee Site Remediation Program (“SRP”), met with the Tennessee Department of Environment and Conservation (“TDEC”) to discuss the site’s status within the SRP and the scope of any possible additional work. In September 2015, TDEC approved a Work Plan for additional soil and groundwater characterization to better assess potential remedial actions. The investigation report and recommendations for further actions including treatment through subsurface injection was approved by TDEC in August 2016. The remedial implementation including installation of additional wells and subsurface injection of a remediation reagent was conducted in the 4th quarter of 2016. Success of the subsurface injection continues to be evaluated through ongoing groundwater monitoring. 

 

	
 
	
7)
	
In July 2015 the USEPA conducted a SPCC inspection at the Company’s Follansbee, WV facility. The facility was aware of and correcting all deficiencies noted during the inspection. In November 2015 the facility received a Consent Order from the Agency.

 

	
 
	
8)
	
The Company has been named as one of the PRPs at the Portland Harbor, OR CERCLA site located on the Willamette River in Oregon. The Company formerly operated a coal tar pitch terminal near the site. The Company has responded to a USEPA information request and has executed a PRP agreement which outlines the process to develop an allocation of past and future costs among more than 80 parties to the site. The Company believes that it is a de minimus contributor at the site. USEPA issued the Record of Decision (“ROD”) on the site on January 13, 2017. The PRP group reviewed the ROD and certain PRPs are completing additional field sampling and data collection suggested in the ROD for use in subsequent design of the remedy. Additionally, a separate natural resources damages assessment (“NRDA”) is being conducted by a local trustee group. The NRDA is intended to identify further information necessary to estimate liabilities for remediation-based settlements of national resource damages (“NRD”) claims. The Company entered into a separate process to develop an allocation of NRD cost and has negotiated a cash-out settlement amount with the Trustee Group. A consent order is being developed to document the settlement between the Trustee Group and those parties engaged in early settlement. On February 6, 2017, the Yakama Nation, which had earlier dropped out of the Trustee coalition, filed suit against certain PRPs to seek recovery for response costs to releases at/from Portland Harbor site, and future response, assessment, and loss of natural resources in waterways downstream of the Portland Harbor site. The 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

	
 
		
Company tendered the claim to Beazer East. At present the District federal court has recommended a stay of the case; a final ruling is pending. 

 

	
 
	
9)
	
On June 4, 2018, the Company received a letter from the USEPA concerning potential violations of the Clean Water Act observed during inspections and review of SPCC and Facility Response Plans at the Company’s facilities in Follansbee, WV; Green Spring, WV; and Clairton, PA. In addition, USEPA reviewed one facility’s compliance with an earlier consent order regarding above ground storage tank integrity testing. The Company continues to meet and correspond with USEPA to discuss and present relevant information related to the allegations.

 

	
 
	
10)
	
By letter dated August 18, 2018, Alpine Waste & Recycling, Inc. (“Alpine”) notified the Company that Alpine has detected the presence of pentachlorophenol on its property adjacent to the Company’s Denver, CO facility, the presence of which Alpine claims was released from the Denver facility. Alpine also claimed it has incurred and will continue to incur damages in responding to this release. A similar letter was sent to Beazer East. Both the Company and Beazer East signed a tolling agreement with Alpine to facilitate continued discussions on the subject. The Company determined it did not use pentachlorophenol at the Denver plant and tendered the claim to Beazer East. 

 

	
 
	
11)
	
On September 4, 2018, the Company received a letter from NW Natural, as landlord, related to the Company’s formerly leased terminal site in Portland, OR alleging that the Company has certain remedial obligations at the site. The Company has advised NW Natural that the obligations related to remediation likely are the responsibility of Beazer East as a result of its former tenancy at the site pre-dating the Company’s tenancy at the site. The Company has tendered the claim to Beazer East.

 

	
 
	
12)
	
On March 20, 2019, the Company received a letter from USEPA concerning a section 114 request under the Clean Air Act for the Company’s Galesburg, IL facility. The Company is sharing responsive documents to UESPA’s requests related to the site’s historical emissions and preparing to conduct emissions testing. 

 

	
 
	
13)
	
The disclosures in the other subparts of this Section 6.1.23 are incorporated by reference.

 

Section 6.1.23(7):

There may be structures, improvements, equipment, fixtures, impoundments, pits, lagoons, or aboveground or underground storage tanks which are owned by a Loan Party (by virtue of the acquisition of a Property), but that are not currently operated by a Loan Party may contain Regulated Substances other than conforming to the description contained in Section 6.1.23(7).

 

Section 6.1.23(9):

The Company has been notified that it is a PRP at the following sites:

	
 
	
1)
	
LWD, Calvert City, KY

	
 
	
2)
	
Newark Bay, NJ

	
 
	
3)
	
Portland Harbor, OR 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

	
 
	
4)
	
SBA Shipyard, Jennings, LA – On October 13, 2016, the Company notified USEPA that the documentation provided on the site indicated that the relevant activities occurred prior to December 28, 1988 and therefore, were the responsibility of Beazer East. The Company also tendered the claim to Beazer East. The Company awaits further correspondence from USEPA. 

	
 
	
5)
	
Tank Car Corporation of America, Oreland, PA – In May 2011, the Company received a request for information from USEPA Region III for “Koppers Company” in connection with the Tank Car Corporation of America Inc. Site. In May 2011, the Company responded that supporting documents referenced in USEPA’s letter predated the sale from Beazer East and therefore the Company was not liable. The Company also tendered the claim to Beazer East. USEPA has not responded to date.

	
 
	
6)
	
J&W Pallet and Drum, Atlanta, GA – In December 2007, USEPA Region IV issued an Information Request to Osmose, Inc. regarding the J&W Pallet and Drum Superfund Site. In its January 2008 response, Osmose, Inc. stated that it has no record of sending waste to J&W Pallet and Drum Company. The Company has had no further contact with USEPA regarding this matter. 

	
 
	
7)
	
Kentucky Wood Preserving Site, Winchester, KY - In October 2007, USEPA Region 4 issued an Information Request to Osmose, Inc. regarding the Kentucky Wood Preserving Site. In its response, Osmose, Inc. stated that, according to its records, it sold a product to Kentucky Wood Preserving between 1964 and sometime after 1980. The Company has had no further contact with USEPA regarding this matter. 

	
 
	
8)
	
Alternate Energy Resources, Augusta, GA - In November 2009, the Company received a request for information from USEPA Region IV in connection with the Alternate Energy Resources Superfund Site. In January 2010, the Company responded that supporting documents provided with the USEPA’s letter predated the sale from Beazer East and therefore the Company was not liable. The Company also tendered the claim to Beazer East. USEPA has not responded to date.

 

Section 6.1.23(10):

	
1)
	
Properties owned or operated that are on the NPL: Galesburg, IL (125 acres of leased property); Hubbell, MI is a leased property that is located within a CERCLA site. This operation was acquired from Osmose, Inc in 2014. Neither Osmose, Inc. nor the Company is identified as a PRP in the CERCLA site. 

 

	
2)
	
Properties owned or operated at which a RCRA Facility Investigation, Corrective Action Study and/or Corrective Action is underway: Denver, CO (64 acres of owned property); Follansbee, WV (32 acres of owned property); Florence, SC (200 acres of owned property); Green Spring, WV (98 acres of owned property); Grenada, MI (154 acres of owned property); Guthrie, KY (122 acres of owned property); Montgomery, AL (84 acres of owned property); North Little Rock, AR (148 acres of owned property); Roanoke, VA (91 acres of owned property); Somerville, TX (244 acres of owned property); Susquehanna, PA (109 acres of owned property); Sweetwater, TN (25 acres of owned property) – post closure and corrective action conducted by former owner/operator; Woodward, AL (23 acres of owned property); Houston, TX (5 acres of owned property).

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

	
3)
	
Properties owned or operated that are being investigated under Environmental Laws other than CERCLA or RCRA: Stickney, IL (38 acres of owned property) – voluntary site investigation at the request of the IEPA; Millington, TN – voluntary site investigation and remediation pursuant to the Tennessee voluntary Site Remediation Program; Leland, NC (128 acres of owned property) - site monitoring and maintenance provisions pursuant to Brownfields Agreement with NC Department of Environmental and Natural Resources; Vidalia, GA (140 acres of owned property) – site investigation and cleanup pursuant to Georgia Environmental Protection Department Prospective Purchaser Corrective Action Program; Kurnell, New South Wales, Australia – pursuant to a lease agreement and in coordination with the local environmental agency; Mayfield, New South Wales, Australia – pursuant to a sales agreement and in coordination with the New South Wales Environment Agency; Mt Gambier, South Australia – pursuant to a letter demand from the SA Environment Agency; Hubbell, MI – groundwater investigation by prior owner/operator under direction of MI Department of Environmental Quality; Superior, WI – investigation of drip pad closure requirements under 40 CFR Part 265 Subpart W and NR 665. 

 

	
4)
	
Properties owned or operated which are adjoining or in the proximity of properties identified or proposed to be identified on any such list or subject to Remedial Action: Denver, CO – Broderick wood treating site (CERCLA); Denver, CO – Dewey Lake (to the knowledge of any Loan Party, Dewey Lake has not yet been identified or proposed to be identified on any such list, but some investigatory work has been done); Woodward, AL – Beazer Coke Plant (RCRA); Grenada, MI – Heatcraft (RCRA); Eutawville, SC – Eutawville Farm Site within 1 mile is on the Hazardous Waste Sites list; Fulton, AL – Scotch Lumber Company is 0.069 mile to southeast of site and is on the voluntary cleanup program list; Leland, NC – four sites within 1 mile on the State Hazardous Substance Disposal Site or Inactive Hazardous Waste Site lists.

 

Note: All Properties subject to a Remedial Action either have a land use restriction filed, recorded or imposed, or can be expected to have a land use restriction filed, recorded or imposed, effectively restricting the use of the land to industrial use. 

 

Section 6.1.23(11):

The Green Spring, WV, Roanoke, VA, and Montgomery, AL facilities are each located partially or wholly in a floodplain. The Ashcroft, BC facility is located largely within the boundary of archaeological site EeRh-0061 (also known as the Rattlesnake Hill Site) and is protected under the Heritage Conservation Act.

 

 

 

 

Schedule 8.2.9

 

PERMITTED PARTNERSHIPS, LLCS, JOINT VENTURES

 

 

Koppers (China) Carbon & Chemical Co Ltd 

 

Koppers (Jiangsu) Carbon Chemical Co. Ltd 

 

Wood Protection LP 

 

Koppers (Thailand) Limited 

 

Comercial KPC Chile Limitada 

Koppers Performance Chemicals Brasil Comerico De Preservantes Ltda.

 

 

 

SCHEDULE A
TO
PLEDGE AGREEMENT

Description of Pledged Collateral

			
	
Pledgor and Pledgor's Jurisdiction of Formation

 
	
Pledged Shares
	
Type and Amount of Ownership

	
Koppers Inc. — Pennsylvania, U.S.A.
	
1,000 shares of common stock
	
100% of the issued and outstanding common stock of Koppers World-Wide Ventures Corporation

	
 
	
1,000 shares of common stock
	
100% of the issued and outstanding common stock of Koppers Delaware, Inc.

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Koppers Asia LLC

	
 
	
774,254 shares of common stock
	
100% of the issued and outstanding common stock of Koppers Performance Chemicals Inc.

	
 
	
100 shares of common stock
	
100% of the issued and outstanding common stock of Koppers Railroad Structures Inc.

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Koppers Recovery Resources LLC (formerly known as M.A. Energy Resources, LLC)

	
 
	
1 share of common stock
	
100% of the issued and outstanding common stock of Koppers Utility and Industrial Products Inc. (formerly known as Cox Industries, Inc.)

	
Koppers Holdings Inc. — Pennsylvania, U.S.A.
	
1 share of common stock
	
100% of the issued and outstanding common stock of Koppers Inc.

	
Koppers World-Wide Ventures Corporation — Delaware, U.S.A.
	
100 shares of common stock
	
100% of the issued and outstanding common stock of Koppers Ventures Inc.

	
 
	
65% of >99% partnership interest (not certificated)
	
65% of the >99% partnership interest in Koppers Global Investments C.V. 

 

Koppers World-Wide Ventures Corporation is the limited partner in this partnership

	
 
	
65 shares of common stock
	
65% of the issued common stock of Koppers Ashcroft Inc.

	
Koppers Railroad Structures Inc. — Delaware, U.S.A.
	
65% shares of common stock
	
65% of the issued common stock of Koppers Railroad Structures Canada Inc.

	
Koppers Ventures Inc. — Delaware, U.S.A.
	
65% of <1% partnership interest 
(not certificated)
	
65% of the <1% partnership interest in Koppers World-Wide Holdings C.V. 

 

Koppers Ventures Inc. is the general partner in this partnership

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

			
	
Pledgor and Pledgor's Jurisdiction of Formation

 
	
Pledged Shares
	
Type and Amount of Ownership

	
 
	
65% of <1% partnership interest 
(not certificated)
	
65% of the <1% partnership interest in Koppers Global Investments C.V. 

 

Koppers Ventures Inc. is the general partner in this partnership

	
 
	
65% of <1% partnership interest 
(not certificated)
	
65% of the <1% partnership interest in Koppers Australasian Investments C.V. 

 

Koppers Ventures Inc. is the general partner in this partnership

	
Koppers Performance Chemicals Inc. — New York, U.S.A.
	
100% of limited liability company interest (not certificated)
	
100% of limited liability company interest in Koppers-Nevada Limited-Liability Company

	
 
	
100% of limited liability company interest (not certificated)
	
100% of limited liability company interest in Wood Protection Management LLC

	
 
	
100% of limited liability company interest (not certificated)
	
100% of limited liability company interest in Koppers NZ LLC

	
 
	
65% of equity (not certificated)
	
65% of equity of Koppers Performance Chemicals Brasil Comercio De Preservantes Ltda. (an entity existing under the laws of Brazil)

	
 
	
65% of equity
	
65% of equity of Koppers (Thailand) Ltd. (an entity existing under the laws of Thailand)

	
 
	
65% of equity (not certificated)
	
50% of equity of Protim Solignum Sdn Bhd (an entity existing under the laws of Malaysia)

	
 
	
65% of equity (not certificated)
	
65% of equity of Comercial KPC Chile Limitada (an entity existing under the laws of Chile)

	
Wood Protection Management LLC — Nevada, U.S.A.
	
1% general partnership interest (not certificated)
	
1% general partnership interest in Wood Protection LP

	
Koppers-Nevada Limited-Liability Company — Nevada, U.S.A.
	
99% limited partnership interest (not certificated)
	
99% limited partnership interest in Wood Protection LP

	
Koppers Utility and Industrial Products Inc. (formerly known as Cox Industries, Inc.)
	
All membership interests 
(not certificated)
	
100% of the membership interests of Atlantic Pole - Georgia, LLC

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Atlantic Pole - Virginia, LLC

	
 
	
100,000 shares of common stock
	
Carolina Pole Leland, Inc.

	
 
	
260,000 shares of common stock
	
Carolina Pole, Inc.

	
 
	
260,000 shares of common stock
	
Cove City Wood Preserving, Inc.

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Cox Recovery Services, LLC

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Cox Wood of Alabama, LLC

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Cox Wood of Virginia, LLC

	
 
	
260,000 shares of common stock
	
Cox Wood Preserving Company

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

			
	
Pledgor and Pledgor's Jurisdiction of Formation

 
	
Pledged Shares
	
Type and Amount of Ownership

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of National Wood Sourcing, LLC

	
 
	
2,000 shares of common stock
	
North - South Wood Preserving Company, Inc.

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Ruby’s Corner, LLC

	
 
	
95,000 shares of common stock
	
Structural Woods Preserving Co.

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Sustainable Management Systems LLC

	
 
	
All membership interests 
(not certificated)
	
100% of the membership interests of Sweetwater Wood Holdings, LLC

	
Carolina Pole, Inc.
	
All membership interests 
(not certificated)
	
100% of the membership interests of Leland Land LLC

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Inc. (a “Debtor”) is located at:

436 Seventh Avenue 

Pittsburgh, PA 15219 

Allegheny County

2.Such Debtor’s true and full name is as follows: Koppers Inc. Such Debtor uses no trade names or fictitious names, except for the following trade name: Koppers.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: Pennsylvania

5.Such Debtor’s EIN # is as follows: 25-1588399

6.Such Debtor’s organization ID # is (if any exists) is as follows: 1049518

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

Certain historical books and records may be maintained in an off-site storage facility at 

 

Access

923 Bidwell Street

Pittsburgh, PA 15233

 

9.All of such Debtor’s real property is located in the following counties: 

See Item 7 above

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

Koppers Inc. Real Property

 

						
	
FACILITY
	
CITY
	
STATE
	
OWNED OR LEASED
	
DIVISION
	
COLLATERAL

	
Koppers Global Technology Center
	
Pittsburgh
	
PA
	
Leased
	
Admin
	
Equipment, Inventory, Office Furniture

	
Koppers Headquarters
	
Pittsburgh
	
PA
	
Leased
	
Admin
	
Equipment, Inventory, Office Furniture

	
Follansbee

 
	
Follansbee

 
	
WV
	
Owned
	
CMC
	
Equipment, Inventory, Office Furniture

	
Fordyce
	
Fordyce
	
AR
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Stickney
	
Stickney
	
IL
	
 Leased/ Owned
	
CMC
	
Equipment, Inventory, Office Furniture

	
Denver

 
	
Denver

 
	
CO

 
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Woodward Tar
	
Dolomite
	
Al
	
Owned
	
CMC
	
N/A

	
Florence

 
	
Florence

 
	
SC

 
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Green Spring

 
	
Green Spring

 
	
WV
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Grenada
	
Grenada
	
MS
	
Owned
	
RUPS
	
 

	
Guthrie

 
	
Guthrie

 
	
KY
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Lordstown
	
Lordstown
	
OH
	
Leased
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Morrison
	
McMinnville
	
TN
	
Leased
	
RUPS
	
Equipment, Inventory, Office Furniture

	
North Little Rock
	
North Little Rock
	
AR
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

						
	
FACILITY
	
CITY
	
STATE
	
OWNED OR LEASED
	
DIVISION
	
COLLATERAL

	
Poplar Bluff
	
Poplar Bluff
	
MO
	
Leased
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Roanoke
	
Roanoke
	
VA
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Sedalia 
	
Sedalia 
	
MO
	
Leased
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Somerville

 
	
Somerville

 
	
TX
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Susquehanna

 
	
Susquehanna

 
	
PA
	
Owned
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Beaver Dam 
	
Beaver Dam 
	
KY
	
Leased
	
RUPS
	
Equipment and Inventory

	
Corinth 
	
Corinth 
	
MS
	
Leased
	
RUPS
	
Equipment and Inventory

	
Crewe 
	
Crewe 
	
VA
	
Leased
	
RUPS
	
Equipment and Inventory

	
Dillwyn 
	
Dillwyn 
	
VA
	
Leased
	
RUPS
	
Equipment and Inventory

	
Galesburg
	
Galesburg
	
IL
	
Leased
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Garrison
	
Garrison
	
KY
	
Leased
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Holly Springs
	
Holly Springs
	
MS
	
Leased
	
RUPS
	
Equipment and Inventory

	
Hope Hull
	
Hope Hull
	
AL
	
Leased
	
RUPS
	
Equipment and Inventory

	
Huntington
	
Huntington
	
WV
	
Leased
	
RUPS
	
Equipment, Inventory, Office Furniture

	
Jackson 
	
Jackson 
	
TN 
	
Leased
	
RUPS
	
Equipment and Inventory

	
Mitchell 
	
Mitchell 
	
IN
	
Leased
	
RUPS
	
Equipment and Inventory

	
Orange 
	
Orange 
	
VA
	
Leased
	
RUPS
	
Equipment and Inventory

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

						
	
FACILITY
	
CITY
	
STATE
	
OWNED OR LEASED
	
DIVISION
	
COLLATERAL

	
Paducah 
	
Paducah 
	
KY 
	
Leased
	
RUPS
	
Equipment and Inventory

	
West Plains
	
West Plains
	
MO
	
Leased
	
RUPS
	
Equipment and Inventory

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Holdings Inc. (a “Debtor”) is located at:

436 Seventh Avenue 

Pittsburgh, PA 15219 

Allegheny County

2.Such Debtor’s true and full name is as follows: Koppers Holdings Inc. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: Pennsylvania

5.Such Debtor’s EIN # is as follows: 20-1878963

6.Such Debtor’s organization ID # is (if any exists) is as follows: 3261656

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

None

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers World-Wide Ventures Corporation (a “Debtor”) is located at:

501 Silverside Road

Suite 67 

Wilmington, DE 19809 

New Castle County

2.Such Debtor’s true and full name is as follows: Koppers World-Wide Ventures Corporation. Such Debtor uses no trade names or fictitious names, except for the following trade name: Koppers.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: Delaware

5.Such Debtor’s EIN # is as follows: 51-0340346

6.Such Debtor’s organization ID # is (if any exists) is as follows: 2294776

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

None

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Delaware, Inc. (a “Debtor”) is located at:

501 Silverside Road

Suite 67 

Wilmington, DE 19809 

New Castle County

2.Such Debtor’s true and full name is as follows: Koppers Delaware, Inc. Such Debtor uses no trade names or fictitious names, except for the following trade name: Koppers.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: Delaware

5.Such Debtor’s EIN # is as follows: 51-0370974

6.Such Debtor’s organization ID # is (if any exists) is as follows: 2389748

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

None

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Asia LLC (a “Debtor”) is located at:

2711 Centerville Road

Suite 400

Wilmington, DE 19808

New Castle County

2.Such Debtor’s true and full name is as follows: Koppers Asia LLC. Such Debtor uses no trade names or fictitious names, except for the following trade name: Koppers.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: Delaware

5.Such Debtor’s EIN # is as follows: 25-1588399

6.Such Debtor’s organization ID # is (if any exists) is as follows: 4452716

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

None

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Ventures Inc. (a “Debtor”) is located at:

436 Seventh Avenue 

Pittsburgh, PA 15219  

Allegheny County

2.Such Debtor’s true and full name is as follows: Koppers Ventures Inc. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: Delaware

5.Such Debtor’s EIN # is as follows: 81-5309213

6.Such Debtor’s organization ID # is (if any exists) is as follows: 4784301

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

None

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Performance Chemicals Inc. (a “Debtor”) is located at:

1016 Everee Inn Road

Griffin, GA  30224

Spalding County

2.Such Debtor’s true and full name is as follows: Koppers Performance Chemicals Inc. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: New York

5.Such Debtor’s EIN # is as follows: 16-0579500

6.Such Debtor’s organization ID # is (if any exists) is as follows: 47984

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

Certain historical books and records may be maintained in an off-site storage facility at 

 

Access

923 Bidwell Street

Pittsburgh, PA  15233

 

9.All of such Debtor’s real property is located in the following counties: 

See item 7 above

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
1016 Everee Inn Road 
	
Griffin                 
	
GA
	
Spalding
	
Owned

 

	
1141 Anne Street
	
Griffin 
	
GA
	
Spalding
	
Owned

 

	
1121 Anne Street
	
Griffin
	
GA
	
Spalding
	
Owned

 

	
1143 Anne Street
	
Griffin                
	
GA
	
Spalding
	
Owned

 

	
1145 Anne Street
	
Griffin               
	
GA
	
Spalding
	
Owned

 

	
Millington
	
Millington
	
TN
	
Shelby

 
	
Owned

	
Rock Hill

 
	
Rock Hill

 
	
SC
	
York
	
Owned

	
Hubbell
	
Hubbell
	
MI
	
Houghton
	
Leased

 

	
Tamarack Warehouse
	
Memphis
	
TN
	
Shelby
	
Leased

	
6801 School Street              Ste. 106
	
Valley City
	
OH
	
Medina
	
Leased

	
3691 Tulane Road

 
	
Memphis
	
TN
	
Shelby

 
	
Leased

	
372 Titan St.

 
	
Memphis
	
TN
	
Shelby

 
	
Leased

	
3183 Tranquility Dr.

 
	
Memphis
	
TN
	
Shelby

 
	
Leased

	
3333 Asteroid Rd.

 
	
Memphis
	
TN
	
Shelby

 
	
Leased

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Railroad Structures, Inc. (a “Debtor”) is located at:

4546 Tompkins Drive

Madison, WI 53716

Dane County

2.Such Debtor’s true and full name is as follows: Koppers Railroad Structures, Inc. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: Delaware

5.Such Debtor’s EIN # is as follows: 36-4502347

6.Such Debtor’s organization ID # is (if any exists) is as follows: 3550373

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

Certain historical books and records may be maintained in an off-site storage facility at 

 

Access

923 Bidwell Street

Pittsburgh, PA  15233

 

9.All of such Debtor’s real property is located in the following counties: 

See item 7 above

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Madison 
	
Madison                          

(4518 Tompkins Drive)
	
WI
	
Dane
	
Owned

	
Madison 
	
Madison                           

(4546 Tompkins Drive)
	
WI
	
Dane
	
Owned

	
Madison 
	
Madison                          

(4602 Tompkins Drive)
	
WI
	
Dane
	
Owned

	
Overland Park

 
	
Overland Park

 
	
KS
	
Johnson

 
	
Leased

	
Hermitage

 
	
Hermitage
	
MO
	
Hickory

 
	
Leased

	
Mount Airy

 
	
Mount Airy

 
	
NC
	
Surry

 
	
Leased

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers-Nevada Limited-Liability Company (a “Debtor”) is located at:

436 Seventh Avenue 

Pittsburgh, PA 15219 

Allegheny County

2.Such Debtor’s true and full name is as follows: Koppers-Nevada Limited-Liability Company. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: Nevada

5.Such Debtor’s EIN # is as follows: 88-0449990

6.Such Debtor’s organization ID # is (if any exists) is as follows: NV19991066464

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

None

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Wood Protection Management LLC (a “Debtor”) is located at:

436 Seventh Avenue 

Pittsburgh, PA 15219 

Allegheny County

2.Such Debtor’s true and full name is as follows: Wood Protection Management LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: Nevada

5.Such Debtor’s EIN # is as follows: 88-0443315

6.Such Debtor’s organization ID # is (if any exists) is as follows: NV19991066472

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

None

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers NZ LLC (a “Debtor”) is located at:

436 Seventh Avenue 

Pittsburgh, PA 15219 

Allegheny County

2.Such Debtor’s true and full name is as follows: Koppers NZ LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: New York

5.Such Debtor’s EIN # is as follows: 16-0579500

6.Such Debtor’s organization ID # is (if any exists) is as follows: 2578589

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

None

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Wood Protection LP (a “Debtor”) is located at:

211 E. 7th Street

Austin, TX 78701

2.Such Debtor’s true and full name is as follows: Wood Protection LP. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Partnership

4.Such Debtor’s state of organization is as follows: Texas

5.Such Debtor’s EIN # is as follows: 74-1333892

6.Such Debtor’s organization ID # is (if any exists) is as follows: 0012976210

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

See item 7 above

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

					
	
FACILITY
	
CITY
	
COUNTY
	
STATE
	
OWNED OR LEASED

	
Houston 
	
Austin
	
Harris
	
TX
	
Owned

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Recovery Resources LLC (formerly known as M.A. Energy Resources, LLC) (a “Debtor”) is located at:

9401 Indian Creek Parkway, Suite 450

Overland Park, KS 66210

2.Such Debtor’s true and full name is as follows: Koppers Recovery Resources LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: Kansas

5.Such Debtor’s EIN # is as follows: 80-0436804

6.Such Debtor’s organization ID # is (if any exists) is as follows: 6346951

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None

9.All of such Debtor’s real property is located in the following counties: 

See item 7 above

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

					
	
FACILITY2
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Corporate HQ
	
Overland Park (9401 Indian Creek Parkway)
	
KS
	
Johnson
	
Leased

	
Queen City
	
Queen City (12911 Highway 59 North)
	
TX
	
Cass
	
Leased

	
Queen City - International Paper
	
Queen City (11700 Fm 3129)
	
TX
	
Cass
	
Leased

 

 

	
	 

	
2 
	
 Certain customers allow Debtor to store equipment and other personal property on their properties to enable Debtor to provide services to those customers.  These arrangements are not subject to any written lease or agreement, and addresses have not been provided for these locations.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Koppers Utility and Industrial Products Inc. (formerly known as Cox Industries, Inc.) (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Koppers Utility and Industrial Products Inc. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 57-1066065

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A 

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 13

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Blackstone Facility
	
Blackstone
	
VA
	
Nottoway
	
Owned

	
Bowman Facility
	
Bowman
	
SC
	
Orangeburg
	
Owned

	
Fulton Pole Peeling Facility
	
Fulton
	
AL
	
Clarke
	
Leased

	
Holly Hill
	
Holly Hill
	
SC
	
Orangeburg
	
Owned

	
Leland Facility
	
Leland
	
NC
	
Brunswick
	
Owned

	
Newsoms Facility
	
Newsoms
	
VA
	
Southampton
	
Owned

	
Eutawville Facility
	
Eutawville
	
SC
	
Orangeburg
	
Owned

	
Orangeburg Facility
	
Orangeburg
	
SC
	
Orangeburg
	
Leased

	
Sweetwater Facility
	
Sweetwater
	
TN
	
Monroe
	
Owned

	
Vance Facility
	
Vance
	
AL
	
Tuscaloosa
	
Leased

	
North, SC Facility
	
North
	
SC
	
Orangeburg
	
Owned

	
Vidalia Facility
	
Vidalia
	
GA
	
Toombs
	
Owned

	
Greenville 
	
Greenville
	
SC
	
Greenville
	
Leased

 

 

	
	 

	
3 
	
 Certain vendors allow Debtor to store small amounts of inventory on their properties to enable Debtor to provide services.  These arrangements are not subject to any written lease or agreement, and addresses have not been provided for these locations.

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

					
					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Pittsburgh Office Space
	
Pittsburgh
	
PA
	
Allegheny
	
Leased

	
Arbuckle Office Space
	
Arbuckle
	
CA
	
Colusa
	
Leased

	
Guilderland Reload Yard
	
Guilderland 
	
NY
	
Albany
	
Subleased

	
Auburn Reload Yard
	
Auburn
	
ME
	
Androscoggin
	
Leased (Verbal Agreement)

	
South Windham Reload Yard
	
South Windham
	
CT
	
Windham 
	
Leased (Verbal Agreement)

	
New Haven Reload Yard
	
New Haven
	
CT
	
New Haven
	
Leased

	
Council Bluffs Reload Yard
	
Council Bluffs
	
IA
	
Pottawattamie
	
Leased

	
Green Bay Reload Yard
	
Green Bay
	
WI
	
Brown County
	
Leased

	
Rochester Reload Yard
	
Rochester
	
NY
	
Monroe
	
Leased

	
Dubuque (Track)
	
Dubuque
	
IA
	
Dubuque
	
Leased

	
Dubuque Reload Yard
	
Dubuque
	
IA
	
Dubuque
	
Leased

	
St. Louis Track
	
St. Louis
	
MO
	
St. Louis
	
Leased

	
St. Louis Land
	
St. Louis
	
MO
	
St. Louis
	
Leased

	
Oklahoma City Reload Yard
	
Oklahoma City
	
OK
	
Oklahoma
	
Leased

	
Columbia Office Space
	
West Columbia
	
SC
	
Lexington
	
Leased

	
Eastwood Carriers Reload Yard
	
Westfield
	
MA
	
Hampden
	
Leased

	
Alkat Reload Yard
	
Raynham
	
MA
	
Bristol
	
Leased

APPENDIX 2

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Atlantic Pole - Georgia, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Atlantic Pole - Georgia, LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 46-0613658

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A 

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Vidalia Facility
	
Vidalia
	
GA
	
Toombs
	
Owned

 

 

APPENDIX 2

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Vidalia Location
	
Vidalia
	
GA
	
Toombs
	
Owned

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Atlantic Pole - Virginia, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina  29118

 

2.Such Debtor’s true and full name is as follows: Atlantic Pole - Virginia, LLC. Such Debtor uses no trade names or fictitious names. 

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 46-0613100

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

APPENDIX 2

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Newsoms Facility
	
Newsoms
	
VA
	
Southampton
	
Owned

	
Hainesport Reload Yard
	
Hainesport
	
NJ
	
Burlington
	
Leased

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Hainesport Reload Yard
	
Hainesport
	
NJ
	
Burlington
	
Leased

	
Newsoms Location
	
Newsoms
	
VA
	
Southampton
	
Owned

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Carolina Pole Leland, Inc. (a “Debtor”) is located at:

1705 Village Park Drive, Oranageburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Carolina Pole Leland, Inc. Such Debtor uses no trade names or fictitious names. 

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: North Carolina

5.Such Debtor’s EIN # is as follows: 20-4717288

6.Such Debtor’s organization ID # is (if any exists) is as follows: 841054 

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

None.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Leland Wood Treatment Facility
	
Leland
	
NC
	
Brunswick
	
Owned

 

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Carolina Pole, Inc. (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 2918

 

2.Such Debtor’s true and full name is as follows: Carolina Pole, Inc. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 57-6165977

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A 

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Eutawville Driveway
	
Eutawville
	
SC
	
Orangeburg
	
Leased

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Eutawville Driveway
	
Eutawville
	
SC
	
Orangeburg
	
Leased

APPENDIX 2

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Cove City Wood Preserving, Inc. (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Cove City Wood Preserving, Inc. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: North Carolina

5.Such Debtor’s EIN # is as follows: 56-1604649

6.Such Debtor’s organization ID # is (if any exists) is as follows: 0226044

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

None.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Cox Recovery Services, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina  29118

 

2.Such Debtor’s true and full name is as follows: Cox Recovery Services, LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 47-1305390

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

None.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Cox Wood of Alabama, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina  29118

 

2.Such Debtor’s true and full name is as follows: Cox Wood of Alabama, LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: Alabama

5.Such Debtor’s EIN # is as follows: 20-5479681

6.Such Debtor’s organization ID # is (if any exists) is as follows: 483-535

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

None.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Vance Facility
	
Vance
	
AL
	
Tuscaloosa
	
Leased

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Cox Wood of Virginia, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Cox Wood of Virginia, LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: Virginia

5.Such Debtor’s EIN # is as follows: 26-2725859

6.Such Debtor’s organization ID # is (if any exists) is as follows: S2606152

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Blackstone Facility
	
Blackstone
	
VA
	
Nottoway
	
Owned

 

 

 

APPENDIX 2

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Blackstone Facility
	
Blackstone
	
VA
	
Nottoway
	
Owned

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Cox Wood Preserving Company (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Cox Wood Preserving Company. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 57-0340323

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 1 to Schedule A attached.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Greenville 
	
Greenville
	
SC
	
Greenville
	
Leased

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Leland Land, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina  29118

 

2.Such Debtor’s true and full name is as follows: Leland Land, LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: North Carolina

5.Such Debtor’s EIN # is as follows: 01-0730777

6.Such Debtor’s organization ID # is (if any exists) is as follows: 618641

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Leland Facility
	
Leland
	
NC
	
Brunswick
	
Owned

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Leland Facility
	
Leland
	
NC
	
Brunswick
	
Owned

 

APPENDIX 2

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of National Wood Sourcing, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina  29118

 

2.Such Debtor’s true and full name is as follows: National Wood Sourcing, LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 26-3549117

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

None.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of North - South Wood Preserving Company, Inc. (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina  29118

 

2.Such Debtor’s true and full name is as follows: North - South Wood Preserving Company, Inc. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 57-0805844

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
North, SC Facility
	
North
	
SC
	
Orangeburg
	
Owned

 

 

APPENDIX 2

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
North, SC Facility
	
North
	
SC
	
Orangeburg
	
Owned

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Ruby’s Corner, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Ruby’s Corner, LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 82-4680638

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Holly Hill Facility
	
Holly Hill
	
SC
	
Orangeburg
	
Owned

 

 

 

APPENDIX 2

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Holly Hill Facility
	
Holly Hill
	
SC
	
Orangeburg
	
Owned

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Structural Woods Preserving Co. (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Structural Woods Preserving Co. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Corporation

4.Such Debtor’s state of organization is as follows: North Carolina

5.Such Debtor’s EIN # is as follows: 82-4471724

6.Such Debtor’s organization ID # is (if any exists) is as follows: 0142009

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

None.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Sustainable Management Systems LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina 29118

 

2.Such Debtor’s true and full name is as follows: Sustainable Management Systems LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 27-0562889

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

None.

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

SCHEDULE A

TO

SECURITY AGREEMENT

 

Security Interest Data Summary

1.The chief executive office of Sweetwater Wood Holdings, LLC (a “Debtor”) is located at:

1705 Village Park Drive, Orangeburg, South Carolina  29118

 

2.Such Debtor’s true and full name is as follows: Sweetwater Wood Holdings, LLC. Such Debtor uses no trade names or fictitious names.

3.Such Debtor’s form of organization is as follows: Limited Liability Company

4.Such Debtor’s state of organization is as follows: South Carolina

5.Such Debtor’s EIN # is as follows: 82-4410939

6.Such Debtor’s organization ID # is (if any exists) is as follows: N/A

7.As of the Closing Date, all of such Debtor's personal property which has not been delivered to the Administrative Agent pursuant to the terms of this Agreement or the Credit Agreement is now, and will be at all future times, located at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

See Appendix 1 to Schedule A attached.

8.All of such Debtor's books and records, including those relating to accounts payable and accounts receivable, are kept at such Debtor's chief executive office as described in Paragraph 1 above, except as specified below:

None.

9.All of such Debtor’s real property is located in the following counties: 

See Appendix 2 to Schedule A attached

 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT TO CREDIT AGREEMENT]

 

 

APPENDIX 1

 

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Chauncey Facility
	
Chauncey
	
GA
	
Dodge
	
Leased

	
Sweetwater Facility
	
Sweetwater
	
TN
	
Monroe
	
Owned

 

APPENDIX 2

					
	
FACILITY
	
CITY
	
STATE
	
COUNTY
	
OWNED OR LEASED

	
Chauncey Facility
	
Chauncey
	
GA
	
Dodge
	
Leased

	
Sweetwater Facility
	
Sweetwater
	
TN
	
Monroe
	
Owned

 

 

 

 

SCHEDULE B

TO

SECURITY AGREEMENT

 

Commercial Tort Claims

None.KeyBank Modification

		

			Exhibit 10.3

		

		
			FOURTH AMENDMENT TO CREDIT AGREEMENT
		

		
			THIS FOURTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of May 3, 2019, effective as of May 3, 2019, by and among CONDOR HOSPITALITY LIMITED PARTNERSHIP, a Virginia limited partnership (“Borrower”), the undersigned parties to this Amendment executing as “Guarantors” (hereinafter referred to individually as “Guarantor” and collectively as “Guarantors”), KEYBANK NATIONAL ASSOCIATION (“KeyBank”), THE HUNTINGTON NATIONAL BANK (“Huntington”), BMO HARRIS BANK N.A. (“BMO”; KeyBank, Huntington and BMO collectively, the “Lenders”), and KeyBank as Agent for itself and the other Lenders from time to time a party to the Credit Agreement (as hereinafter defined) (KeyBank, in its capacity as Agent, is hereinafter referred to as “Agent”).
		

		
			W I T N E S S E T H:
		

		
			WHEREAS, the Borrower, Agent, KeyBank and the lenders party thereto are parties to that certain Credit Agreement dated as of March 1, 2017, as amended by that certain First Amendment to Credit Agreement and Other Loan Documents dated as of May 11, 2017 (the “First Amendment”), as amended by that certain Second Amendment to Credit Agreement dated as of December 13, 2017 (the “Second Amendment”), and as amended by that certain Third Amendment to Credit Agreement dated as of March 8, 2019 (the “Third Amendment”) (as such Credit Agreement, as amended by the First Amendment, the Second Amendment and the Third Amendment, may be further varied, extended, supplemented, consolidated, replaced, increased, renewed, modified or amended from time to time, the “Credit Agreement”);
		

		
			WHEREAS, certain of the Guarantors executed and delivered to Agent that certain Unconditional Guaranty of Payment and Performance dated as of March 1, 2017, as amended by the First Amendment (as such Guaranty, as amended by the First Amendment, may be further varied, extended, supplemented, consolidated, replaced, increased, renewed, modified or amended from time to time, the “Guaranty”);
		

		
			WHEREAS, Borrower and certain of the Guarantors executed and delivered to Agent that certain Cash Collateral Account Agreement dated as of March 1, 2017, as amended by that certain First Amendment to Cash Collateral Account Agreement dated as of March 24, 2017, as amended by the First Amendment, as amended by that certain Second Amendment to Cash Collateral Account Agreement dated as of June 21, 2017, as amended by that certain Third Amendment to Cash Collateral Account Agreement dated as of August 31, 2017, as amended by that certain Fourth Amendment to Cash Collateral Account Agreement dated as of January 18, 2018, and as amended by that certain Fifth Amendment to Cash Collateral Account Agreement dated as of February 21, 2018 (as the same may be further varied, extended, supplemented, consolidated, replaced, increased, renewed, modified or amended from time to time, the “Cash Collateral Agreement”);
		

		
			WHEREAS, CDOR TLH Magnolia, LLC, TRS TLH Magnolia, LLC, CDOR LEX Lowry, LLC, TRS LEX Lowry, LLC, CDOR AUS Louis, LLC and TRS AUS Louis, LLC have become a party to the Guaranty and the Cash Collateral Agreement pursuant to that certain Joinder Agreement dated March 24, 2017; and 
		

		

		

		 

		

			

		

			110803043\V-5

		

		

			 

		

		

 

		WHEREAS CDOR MCO Village, LLC and TRS MCO Village, LLC have become a party to the Guaranty and the Cash Collateral Agreement pursuant to that certain Joinder Agreement dated June 21, 2017; and
		

		
			WHEREAS, CDOR ELP Edge, LLC, TRS ELP Edge, LLC, CDOR AUS Casey, LLC and TRS AUS Casey, LLC have become a party to the Guaranty and the Cash Collateral Agreement pursuant to that certain Joinder Agreement dated August 31, 2017; and
		

		
			WHEREAS, CDOR AUS Tech, LLC and TRS AUS Tech, LLC have become a party to the Guaranty and the Cash Collateral Agreement pursuant to that certain Joinder Agreement dated January 17, 2018; and 
		

		
			WHEREAS, CDOR CHS Holiday, LLC and TRS CHS Holiday, LLC have become a party to the Guaranty and the Cash Collateral Agreement pursuant to that certain Joinder Agreement dated February 21, 2018; and
		

		
			WHEREAS, the Borrower and the Guarantors have requested that the Agent and the Lenders make certain modifications to the Credit Agreement and Agent and the undersigned Lenders have consented to such modifications, subject to the execution and delivery of this Amendment.
		

		
			NOW, THEREFORE, for and in consideration of the sum of TEN and NO/100 DOLLARS ($10.00), and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby covenant and agree as follows:
		
Definitions
		
			.  Capitalized terms used in this Amendment, but which are not otherwise expressly defined in this Amendment, shall have the respective meanings given thereto in the Credit Agreement.
		
Modifications of the Credit Agreement
		
			.  The Borrower, Agent and the Lenders do hereby modify and amend the Credit Agreement as follows:
		

		
			(a)By deleting in their entirety the definitions of “Maturity Date” and “Mortgage Collateral Requirement” appearing in §1.1 of the Credit Agreement and inserting in lieu thereof the following:
		

		
			“Maturity Date.  October 1, 2020, as the same may be extended as provided in §2.12, or such earlier date on which the Loans shall become due and payable pursuant to the terms hereof.
		

		
			Mortgage Collateral Requirement.  The Mortgage Collateral Requirement shall be deemed to be satisfied the first time that (a) there are twelve (12) Tier I Properties that are Borrowing Base Properties included in the calculation of Borrowing Base Availability that are encumbered by Mortgages and (b) notwithstanding the preceding clause (a), Borrower has also obtained the written approval of all of the Lenders to the Mortgage Collateral Requirement occurring.”
		

		
			(b)By deleting in its entirety the first (1st) sentence of §2.11(a) of the Credit Agreement, and inserting in lieu thereof the following:
		

		

		

		 

		

			2

		

		

			

		

			110803043\V-5 

		

		

			 

		

		

 

		“Provided that no Default or Event of Default has occurred and is continuing and Borrower has obtained the prior written approval of all of the Lenders to increase the Total Commitment, subject to the terms and conditions set forth in this §2.11, the Borrower shall have the option at any time and from time to time prior to the Maturity Date to request an increase in the Total Commitment to not more than $400,000,000.00 by giving written notice to the Agent (an “Increase Notice”; and the amount of such requested increase is the “Commitment Increase”), provided that any such individual increase must be in a minimum amount of $10,000,000.00 and increments of $5,000,000.00 in excess thereof.”  
		

		
			(c)By deleting the word “or” appearing at the end of clause (k) of §27 of the Credit Agreement, by deleting the period appearing at the end of clause (l) of §27 of the Credit Agreement and inserting in lieu thereof the following: “, or (m) an amendment of the definition of Change of Control or waiver of any Change of Control.”
		
References to Credit Agreement
		
			.  All references in the Loan Documents to the Credit Agreement shall be deemed a reference to the Credit Agreement as modified and amended herein.
		
Consent of Guarantors
		
			.  By execution of this Amendment, Guarantors hereby expressly consent to the modifications and amendments relating to the Credit Agreement as set forth herein and the execution and delivery of and any other agreements contemplated hereby, and Borrower and Guarantors hereby acknowledge, represent and agree that the Credit Agreement, as modified and amended herein, and the other Loan Documents, as the same may be modified in connection with this Amendment, remain in full force and effect and constitute the valid and legally binding obligation of Borrower and Guarantors, respectively, enforceable against such Persons in accordance with their respective terms, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors’ rights and the effect of general principles of equity, and that the Guaranty extends to and applies to the foregoing documents as modified and amended.
		
Representations
		
			.  Borrower and Guarantors represent and warrant to Agent and the Lenders as follows as of the date of this Amendment:
		
Authorization
		
			.  The execution, delivery and performance by the Borrower and the Guarantors of this Amendment and any other agreements contemplated hereby and the transactions contemplated hereby and thereby (i) are within the authority of Borrower and Guarantors, (ii) have been duly authorized by all necessary proceedings on the part of such Persons, (iii) do not and will not conflict with or result in any breach or contravention of any provision of law, statute, rule or regulation to which any of such Persons is subject or any judgment, order, writ, injunction, license or permit applicable to such Persons, (iv) do not and will not conflict with or constitute a default (whether with the passage of time or the giving of notice, or both) under any provision of the partnership agreement, operating agreement, articles of incorporation or other charter documents or bylaws of, or any agreement or other instrument binding upon, any of such Persons or any of its properties, (v) do not and will not result in or require the imposition of any lien or other encumbrance on any of the properties, assets or rights of such Persons other than the liens and encumbrances in favor of the Agent contemplated by this Amendment and the other Loan Documents, and (vi) do not require any approval or consent of any Person other than those already obtained and delivered to the Agent.
		

		 

		

			3

		

		

			

		

			110803043\V-5 

		

		

			 

		

		

 
Enforceability
		
			.  This Amendment and each other document executed and delivered in connection with this Amendment are the valid and legally binding obligations of Borrower and Guarantors, enforceable in accordance with the respective terms and provisions hereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors’ rights and the effect of general principles of equity.
		
Approvals
		
			.  The execution, delivery and performance by the Borrower and the Guarantors of this Amendment and any other agreements contemplated hereby and the transactions contemplated hereby and thereby do not require the approval or consent of, or filing or registration with, or the giving of any notice to, any court, department, board, governmental agency or authority other than those already obtained.
		
Reaffirmation
		
			.  Each of the representations and warranties made by or on behalf of Borrower, Guarantors or any of their respective Subsidiaries contained in this Amendment, the Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with the Credit Agreement or this Amendment are true in all material respects as of the date as of which they were made and are true in all material respects as of the date hereof, with the same effect as if made at and as of that time, except to the extent of changes resulting from transactions permitted by the Loan Documents (it being understood and agreed that any representation or warranty which by its terms is made as of a specified date shall be required to be true and correct only as of such specified date).
		

		
			No Default.  By execution hereof, the Borrower and Guarantors certify that the Borrower and Guarantors are and will be in compliance with all covenants under the Loan Documents immediately after the execution and delivery of this Amendment and the other documents executed in connection herewith, and that no Default or Event of Default has occurred and is continuing.
		
Waiver of Claims
		
			.  Borrower and Guarantors acknowledge, represent and agree that Borrower and Guarantors as of the date hereof have no defenses, setoffs, claims, counterclaims or causes of action of any kind or nature whatsoever with respect to the Loan Documents, the administration or funding of the Loans or Letters of Credit or with respect to any acts or omissions of Agent or any Lender, or any past or present officers, agents or employees of Agent or any Lender, and each of Borrower and Guarantors does hereby expressly waive, release and relinquish any and all such defenses, setoffs, claims, counterclaims and causes of action, if any.
		
Ratification
		
			.  Except as hereinabove set forth, all terms, covenants and provisions of the Credit Agreement and the other Loan Documents remain unaltered and in full force and effect, and the parties hereto do hereby expressly ratify and confirm the Credit Agreement and the other Loan Documents.  Nothing in this Amendment or any other document executed in connection herewith shall be deemed or construed to constitute, and there has not otherwise occurred, a novation, cancellation, satisfaction, release, extinguishment or substitution of the indebtedness evidenced by the Notes or the other obligations of Borrower and Guarantors under the Loan Documents (including without limitation the Guaranty).  This Amendment shall constitute a Loan Document.
		

		 

		

			4

		

		

			

		

			110803043\V-5 

		

		

			 

		

		

 
Counterparts
		
			.  This Amendment may be executed in any number of counterparts which shall together constitute but one and the same agreement.
		
Miscellaneous
		
			.  THIS AMENDMENT SHALL, PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW SECTION 5-1401, BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.  This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective permitted successors, successors-in-title and assigns as provided in the Credit Agreement.
		
Amendments of Other Loan Documents
		
			.  The Lenders authorized Agent to execute and deliver amendments to the other Loan Documents as Agent deems appropriate contemporaneously with the execution and delivery of this Amendment.
		
Effective Date
		
			.  This Amendment shall be deemed effective and in full force and effect (the “Effective Date”) upon confirmation by the Agent of the satisfaction of the following conditions:
		

			
	
			
				 (a)
			the execution and delivery of this Amendment by Borrower, Guarantors, Agent, and all Lenders;

			
	
			
				 (b)
			Borrower shall have paid to Agent for the account of the Lenders in immediately available funds a fee in the amount of seven and one-half (7.5) basis points on each Lender’s Commitment with respect to this Amendment and the extension of the Maturity Date;

			
	
			
				 (c)
			receipt by Agent of such other resolutions, certificates, documents, instruments and agreements as the Agent may reasonably request; and

			
	
			
				 (d)
			the Borrower shall have paid the reasonable fees and expenses of Agent in connection with this Amendment and the transactions contemplated hereby.

		
			[CONTINUED ON NEXT PAGE]
		

		
			 
		

		

		

		 

		

			5

		

		

			

		

			110803043\V-5 

		

		

			 

		

		

 

		

			Exhibit 10.3

		

		IN WITNESS WHEREOF, the parties hereto, acting by and through their respective duly authorized officers and/or other representatives, have duly executed this Amendment under seal as of the day and year first above written.
		

			
					
						﻿

					
					
						BORROWER:

				
	
					
						﻿

					
					
						CONDOR HOSPITALITY LIMITED PARTNERSHIP, a Virginia limited partnership

					
						By:Condor Hospitality REIT Trust, a Maryland real estate investment trust, its general partner

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt 
Title:   Vice President

					
						 

					
						 

				
	
					
						﻿

					
					
						GUARANTORS:

				
	
					
						﻿

					
					
						CONDOR HOSPITALITY REIT TRUST, a 
Maryland real estate investment trust

					
						By: /s/ Jonathan J. Gantt 
Name: Jonathan J. Gantt 
Title:  Vice President

					
						 

					
						 

				
	
					
						﻿

					
					
						CONDOR HOSPITALITY TRUST, INC., a 
Maryland corporation

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt

					
						Title:   Senior Vice President & Chief Financial Officer

					
						 

					
						 

				
	
					
						﻿

					
					
						TRS LEASING, INC., a Virginia corporation

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt
Title:   Vice President

					
						 

				

		 

		

			(Signatures Continued On Next Page)

		

		

			 

		

		

			Signature Page to Fourth Amendment to Credit Agreement - KeyBank/Condor

		

 

			
					
						﻿

					
					
						SPPR-SOUTH BEND, LLC, a Delaware limited 
liability company

					
						By:Condor Hospitality Limited Partnership, a 
Virginia limited partnership, its manager

					
						By:Condor Hospitality REIT Trust, a Maryland 
real estate investment trust, its general partner

					
						By:     /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

					
						 

				
	
					
						﻿

					
					
						SPPR-DOWELL, LLC, a Delaware limited liability 
company

					
						By:SPPR-Dowell Holdings, Inc., a Delaware 
corporation, its manager

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt 
Title:   Vice President

				
	
					
						﻿

					
					
						SPPR-DOWELL HOLDINGS, INC., a Delaware 
corporation

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt
Title:   Vice President

					
						 

					
						 

				

		 

		

			(Signatures Continued On Next Page)

		

		

			 

		

		

			Signature Page to Fourth Amendment to Credit Agreement - KeyBank/Condor

		

 

			
					
						﻿

					
					
						SPPR-DOWELL TRS SUBSIDIARY, LLC, a 
Delaware limited liability company

					
						By:Condor Hospitality REIT Trust, a Maryland real 
estate investment trust, its manager

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt 
Title:   Vice President

					
						 

					
						 

					
						 

				
	
					
						﻿

					
					
						SOLOMONS BEACON INN LIMITED 
PARTNERSHIP, a Maryland limited partnership

					
						By:Solomons GP, LLC, a Delaware limited liability 
company, its general partner

					
						By: /s/ Jonathan J. Gantt 
Name: Jonathan J. Gantt 
Title:   Vice President

					
						 

					
						 

				
	
					
						﻿

					
					
						SOLOMONS GP, LLC, a Delaware limited liability 
company

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt
Title:   Vice President

					
						 

					
						 

				
	
					
						﻿

					
					
						TRS SUBSIDIARY, LLC, a Delaware limited 
liability company

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt
Title:   Vice President

					
						 

					
						 

				

		 

		

			(Signatures Continued On Next Page)

		

		

			 

		

		

			Signature Page to Fourth Amendment to Credit Agreement - KeyBank/Condor

		

 

			
					
						﻿

					
					
						SPPR-HOTELS, LLC, a Delaware limited liability 
company

					
						By:SPPR Holdings, Inc., a Delaware corporation, its manager

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt 
Title:   Vice President

					
						 

					
						 

				
	
					
						﻿

					
					
						SPPR HOLDINGS, INC., a Delaware corporation

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt
Title:   Vice President

					
						 

				

		
			 
		

		 

		

			(Signatures Continued On Next Page)

		

		

			 

		

		

			Signature Page to Fourth Amendment to Credit Agreement - KeyBank/Condor

		

 

		

			Exhibit 10.3

		

			
					
						﻿

					
					
						SPPR TRS SUBSIDIARY, LLC, a Delaware 
limited liability company

					
						By:TRS Leasing, Inc., a Virginia corporation, its manager

					
						By:    /s/ Jonathan J. Gantt
Name: Jonathan J. Gantt 
Title:   Vice President

				
	
					
						﻿

					
					
						CDOR AUS LOUIS, LLC, a Delaware

					
						limited liability company

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

				
	
					
						﻿

					
					
						CDOR LEX LOWRY, LLC, a Delaware limited liability company

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						CDOR TLH MAGNOLIA, LLC, a Delaware limited liability company

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						TRS AUS LOUIS, LLC, a Delaware limited liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				

		 

		

			(Signatures Continued On Next Page)

		

		

			 

		

		

			Signature Page to Fourth Amendment to Credit Agreement - KeyBank/Condor

		

 

			
					
						﻿

					
					
						TRS LEX LOWRY, LLC, a Delaware limited liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						TRS TLH MAGNOLIA, LLC, a Delaware limited liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						CDOR MCO VILLAGE, LLC, a Delaware 
limited liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						TRS MCO VILLAGE, LLC, a Delaware 
limited liability company

					
						 

					
						By: /s/ Jonathan J. Gantt 

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						CDOR ELP EDGE, LLC, a Delaware 

					
						limited liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						TRS ELP EDGE, LLC, a Delaware limited 

					
						liability company

					
						 

					
						By: /s/ Jonathan J. Gantt 

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				

		 

		

			(Signatures Continued On Next Page)

		

		

			 

		

		

			Signature Page to Fourth Amendment to Credit Agreement - KeyBank/Condor

		

 

			
					
						﻿

					
					
						CDOR AUS CASEY, LLC, a Delaware 

					
						limited liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						TRS AUS CASEY, LLC, a Delaware limited 

					
						liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						CDOR AUS TECH, LLC, a Delaware 

					
						limited liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						TRS AUS TECH, LLC, a Delaware limited 

					
						liability company

					
						 

					
						By: /s/ Jonathan J. Gantt 

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						CDOR CHS HOLIDAY, LLC, a Delaware 

					
						limited liability company

					
						 

					
						By: /s/ Jonathan J. Gantt 

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				
	
					
						﻿

					
					
						TRS CHS HOLIDAY, LLC, a Delaware limited 

					
						liability company

					
						 

					
						By:    /s/ Jonathan J. Gantt

					
						Name: Jonathan J. Gantt

					
						Title:   Vice President

					
						 

				

		
			 
		

		

		

		 

		

			(Signatures Continued On Next Page)

		

		

			 

		

		

			Signature Page to Fourth Amendment to Credit Agreement - KeyBank/Condor

		

 

		

			Exhibit 10.3

		

		LENDERS:
		

		
			KEYBANK NATIONAL ASSOCIATION, individually and as Agent
		

		
			By:    /s/ Thomas Z. Schmitt
Name:    Thomas Z. Schmitt
Title:    Assistant Vice President
		

		
			THE HUNTINGTON NATIONAL BANK
		

		
			By:    /s/ Lauren D. Baltic
Name:    Lauren D. Baltic
Title:    AVP
		

		
			BMO HARRIS BANK N.A.
		

		
			By:    /s/ Gwendolyn Gatz
Name:    Gwendolyn Gatz
Title:  Director
		

		
			﻿
		

		 

		

			Signature Page to Fourth Amendment to Credit Agreement - KeyBank/Condor

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