Document:

Exhibit 10.4.2

 

TRADEMARK SECURITY AGREEMENT

 

This TRADEMARK SECURITY AGREEMENT (this “Trademark Security Agreement”) is made this 27 day of December, 2013, by and among Grantors listed on the signature pages hereof (collectively, jointly and severally, “Grantors” and each individually “Grantor”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association (“US Bank”), in its capacity as collateral agent for the Secured Parties (in such capacity, together with its successors and assigns in such capacity, the “Collateral Agent”).

 

W I T N E S S E T H:

 

WHEREAS, reference is made to the indenture dated as of the date hereof (as amended, amended and restated, extended, renewed, refinanced, supplemented or otherwise modified from time to time, the “Indenture”), by and among the Issuer, the Guarantors (as defined therein), the Trustee and the Collateral Agent, pursuant to which the Issuer has issued 9.25% Senior Secured Notes due 2020 (together with any Additional Notes and Exchange Notes, the “Notes”).  The Indenture requires that the Issuer and the Guarantors enter into a Security Agreement.

 

WHEREAS, the Grantors have executed and delivered to Collateral Agent, for the benefit of the Secured Parties, that certain Security Agreement, dated as of June 18, 2013 (including all annexes, exhibits or schedules thereto, as from time to time amended, restated, supplemented or otherwise modified, the “Security Agreement”); and

 

WHEREAS, pursuant to the Security Agreement, Grantors are required to execute and deliver to the Collateral Agent, for the benefit of the Secured Parties, this Trademark Security Agreement;

 

NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Grantors hereby agree as follows:

 

1.             DEFINED TERMS.  All initially capitalized terms used but not otherwise defined herein have the meanings given to them in the Security Agreement or, if not defined therein, in the Indenture.

 

2.             GRANT OF SECURITY INTEREST IN TRADEMARK COLLATERAL.  Each Grantor hereby unconditionally grants, collaterally assigns, and pledges to the Collateral Agent, for the benefit of the Secured Parties, to secure the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (collectively, the “Trademark Collateral”):

 

(a)           all of its Trademarks, exclusive, however, of (i) any Trademarks that are protectable, registered or applied for solely under the laws of jurisdictions outside the United States, and (ii) any Excluded Collateral;

 

(b)           all goodwill of the business connected with the use of, and symbolized by, each Trademark; and

 

1

 

(c)           all products and proceeds (as that term is defined in the Code) of the foregoing, including any claim by such Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark, including right to receive any damages or (ii) injury to the goodwill associated with any Trademark.

 

3.             SECURITY FOR SECURED OBLIGATIONS.  This Trademark Security Agreement and the Security Interest created hereby secures the payment and performance of the Secured Obligations, whether now existing or arising hereafter.  Without limiting the generality of the foregoing, this Trademark Security Agreement secures the payment of all amounts which constitute part of the Secured Obligations and would be owed by Grantors, or any of them, to the Collateral Agent or any Secured Party, whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding involving any Grantor.

 

4.             SECURITY AGREEMENT AND INTERCREDITOR AGREEMENT.  The Security Interest granted pursuant to this Trademark Security Agreement is granted in conjunction with the security interests granted to the Collateral Agent, for the benefit of the Secured Parties, pursuant to the Security Agreement.  Each Grantor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect to the Security Interest in the Trademark Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein.  To the extent there is any inconsistency between this Trademark Security Agreement and the Security Agreement, the Security Agreement shall control.

 

Notwithstanding anything herein to the contrary, the liens and security interests granted to U.S. Bank National Association, as the Collateral Agent, pursuant to this Agreement and the exercise of any right or remedy by U.S. Bank National Association, as the Collateral Agent hereunder, are subject to the provisions of the Intercreditor Agreement dated as of June 18, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), between Wells Fargo Capital Finance, LLC, as the Bank Collateral Agent, and U.S. Bank National Association, as the Notes Collateral Agent.  In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement, as between the Credit Facility Claimholders (as defined in the Intercreditor Agreement) and the Notes Claimholders (as defined in the Intercreditor Agreement), the terms of the Intercreditor Agreement shall govern and control.

 

5.             AUTHORIZATION TO SUPPLEMENT.  If any Grantor shall obtain rights to any new trademarks, the provisions of this Trademark Security Agreement shall automatically apply thereto.  Grantors hereby authorize the Collateral Agent unilaterally to modify this Trademark Security Agreement by amending Schedule I to include any such new trademark rights of each Grantor.  Notwithstanding the foregoing, no failure to so modify this Trademark Security Agreement or amend Schedule I shall in any way affect, invalidate or detract from the Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

 

6.             COUNTERPARTS.  This Trademark Security Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Trademark Security Agreement.  Delivery of an executed

 

2

 

counterpart of this Trademark Security Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Trademark Security Agreement.  Any party delivering an executed counterpart of this Trademark Security Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Trademark Security Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Trademark Security Agreement.

 

7.             CONSTRUCTION.  This Copyright Security Agreement is a Notes Document.  Unless the context of this Trademark Security Agreement clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and  “including” are not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or”.  The words “hereof”, “herein”, “hereby”, “hereunder”, and similar terms in this Trademark Security Agreement refer to this Trademark Security Agreement as a whole and not to any particular provision of this Trademark Security Agreement.  Section, subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified.  Any reference in this Trademark Security Agreement to any agreement, instrument, or document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein).  The words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts, and contract rights.  Any reference herein to the satisfaction, repayment, or payment in full of the Secured Obligations shall mean the repayment in full in cash or immediately available funds of all of the Secured Obligations (including the payment of any termination amount then applicable  other than unasserted contingent indemnification Secured Obligations.  Any reference herein to any Person shall be construed to include such Person’s successors and permitted assigns.  Any requirement of a writing contained herein shall be satisfied by the transmission of a Record.

 

8.             THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS TRADEMARK SECURITY AGREEMENT.  The parties to this Trademark Security Agreement each hereby irrevocably submits to the non-exclusive jurisdiction of any New York State or federal court sitting in the Borough of Manhattan in The City of New York in any action or proceeding arising out of or relating to this Trademark Security Agreement, and all such parties hereby irrevocably agree that all claims in respect of such action or proceeding may be heard and determined in such New York State or federal court and hereby irrevocably waive, to the fullest extent that they may legally do so, the defense of an inconvenient forum to the maintenance of such action or proceeding.  EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS TRADEMARK SECURITY AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

3

 

[SIGNATURE PAGE FOLLOWS]

 

4

 

IN WITNESS WHEREOF, the parties hereto have caused this Trademark Security Agreement to be executed and delivered as of the day and year first above written.

 

	
GRANTORS:
    	
JACK   COOPER TRANSPORT COMPANY, INC.
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Michael Scott Testman
    
	
 
    	
Name:
    	
Michael   Scott Testman
    
	
 
    	
Title:
    	
Chief   Financial Officer
    
	
 
    	
 
    
	
 
    	
AXIS   LOGISTIC SERVICES, INC.
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Michael Scott Testman
    
	
 
    	
Name:
    	
Michael   Scott Testman
    
	
 
    	
Title:
    	
Chief   Financial Officer
    

 

Signature page to Trademark Security Agreement (Indenture)

 

 

	
 
    	
ACCEPTED   AND ACKNOWLEDGED BY:
    
	
 
    	
 
    
	
COLLATERAL   AGENT:
    	
U.S.   BANKING NATIONAL ASSOCIATION
    
	
 
    	
a   national banking association
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Raymond S. Haverstock
    
	
 
    	
Name:
    	
Raymond   S. Haverstock
    
	
 
    	
Title:
    	
Vice   President
    

 

Signature page to Trademark Security Agreement (Indenture)

 

 

SCHEDULE I

 

to

 

TRADEMARK SECURITY AGREEMENT

 

Trademark Registrations/Applications

 

	
Grantor
    	
 
    	
Country
    	
 
    	
Mark
    	
 
    	
Registration No.
    	
 
    	
Reg Date
    
	
Jack Cooper Transport Company, Inc.
    	
 
    	
U.S.
    	
 
    	
AXIS (Design)
    	
 
    	
2080261
    	
 
    	
7/15/1997
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Jack Cooper Transport Company, Inc.
    	
 
    	
U.S.
    	
 
    	
AS ALLIED SYSTEMS Stylized
    	
 
    	
1561418
    	
 
    	
10/17/1989
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Jack Cooper Transport Company, Inc.
    	
 
    	
U.S.
    	
 
    	
DRIVING THE STANDARD
    	
 
    	
3049043
    	
 
    	
1/24/2006
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
AXIS LOGISTIC SERVICES, INC.
    	
 
    	
U.S.
    	
 
    	
AXIS & Design
    	
 
    	
4291066
    	
 
    	
2/19/2013
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Jack Cooper Transport Company, Inc.
    	
 
    	
U.S.
    	
 
    	
E-TYMS
    	
 
    	
2696551
    	
 
    	
10/15/2001
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Jack Cooper Transport Company, Inc.
    	
 
    	
U.S.
    	
 
    	
E-TYMS.COM
    	
 
    	
2696550
    	
 
    	
10/15/2001Exhibit 10.5.1

 

	

    	
UNITED STATES PATENT AND

TRADEMARK OFFICE
    

 

Facsimile Transmission

 

	
To:
    	
Name:
    	
SANDRA P. THOMPSON
    
	
 
    	
Company:
    	
18400 VON KARMAN AVE., SUITE 800
    
	
 
    	
Fax Number:
    	
19497200182
    
	
 
    	
Voice Phone:
    	
 
    
	
 
    	
 
    	
 
    
	
From:
    	
Name:
    	
ASSIGNMENT RECORDATION SERVICES
    
	
 
    	
Voice Phone:
    	
571-272-3350
    

 

37 C.F.R. 1.6 sets forth the types of correspondence that can be communicated to the Patent and Trademark Office via facsimile transmissions. Applicants are advised to use the certificate of facsimile transmission procedures when submitting a reply to a non-final or final Office action by facsimile (37 CFR 1.8(a)).

 

Fax Notes:

 

	
Pg#
    	
 
    	
Description
    
	
 
    	
 
    	
 
    
	
1
    	
 
    	
Cover Page
    
	
 
    	
 
    	
 
    
	
2
    	
 
    	
<Description not available>
    
	
 
    	
 
    	
 
    
	
4
    	
 
    	
Batch 2241114 Document 1
    

 

USPTO ASSIGNMENT SYSTEM PROCESSING

 

Date and time of transmission: Wednesday, December 22, 2010 8:56:28 AM

Number of pages including this cover sheet: 05

 

1

 

 

UNITED STATES PATENT AND TRADEMARK OFFICE

UNDER SECRETARY OF COMMERCE FOR INTELLECTUAL PROPERTY AND

DIRECTOR OF THE UNITED STATES PATENT AND TRADEMARK OFFICE

 

	
DECEMBER 16,   2010

PTAS

SANDRA P.   THOMPSON

18400 VON KARMAN   AVE., SUITE 800

IRVINE, CA 92612-0514
    	

*900177678*
    

 

UNITED STATES PATENT AND TRADEMARK OFFICE

NOTICE OF RECORDATION OF ASSIGNMENT DOCUMENT

 

THE ENCLOSED DOCUMENT HAS BEEN RECORDED BY THE ASSIGNMENT DIVISION OF THE U.S. PATENT AND TRADEMARK OFFICE. A COMPLETE MICROFILM COPY IS AVAILABLE AT THE ASSIGNMENT SEARCH ROOM ON THE REEL AND FRAME NUMBER REFERENCED BELOW.

 

PLEASE REVIEW ALL INFORMATION CONTAINED ON THIS NOTICE. THE INFORMATION CONTAINED ON THIS RECORDATION NOTICE REFLECTS THE DATA PRESENT IN THE PATENT AND TRADEMARK ASSIGNMENT SYSTEM. IF YOU SHOULD [ILLEGIBLE] ANY ERRORS OR HAVE QUESTIONS CONCERNING THIS NOTICE, YOU MAY CONTACT THE EMPLOYEE WHOSE NAME APPEARS ON THIS NOTICE AT 571-272-3350. PLEASE SEND REQUEST FOR CORRECTION TO: U.S. PATENT AND TRADEMARK OFFICE, MAIL STOP: ASSIGNMENT SERVICES BRANCH, P.O. BOX 1450, ALEXANDRIA, VA 22313.

 

	
RECORDATION DATE: 12/01/2010
    	
 
    	
REEL/FRAME: 004423/0436
    
	
 
    	
 
    	
NUMBER OF PAGES: 8
    
	
 
    	
 
    	
 
    
	
BRIEF: SECURITY INTEREST
    	
 
    	
 
    
	
DOCKET NUMBER: F6384-1316
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
ASSIGNOR:
    	
 
    	
 
    
	
PACIFIC MOTOR   TRUCKING COMPANY
    	
 
    	
DOC DATE: 11/29/2010
    
	
 
    	
 
    	
CITIZENSHIP: MISSOURI
    
	
 
    	
 
    	
ENTITY: CORPORATION
    
	
ASSIGNEE:
    	
 
    	
 
    
	
WELLS FARGO   CAPITAL FINANCE, LLC
    	
 
    	
CITIZENSHIP: DELAWARE
    
	
150 S. WACKER   DRIVE, SUITE 2200
    	
 
    	
ENTITY: LIMITED LIABILITY
    
	
CHICAGO, ILLINOIS   60606
    	
 
    	
COMPANY
    

 

P.O. Box 1450, Alexandria, Virginia 22313—1450 - WWW.USPTO.GOV

 

2

 

	
004423/0436 PAGE 2
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
SERIAL NUMBER: 73359326
    	
 
    	
FILING DATE: 04/12/1982
    
	
REGISTRATION NUMBER: 1245993
    	
 
    	
ISSUE DATE: 07/19/1983
    
	
 
    	
 
    	
 
    
	
MARK: PACIFIC MOTOR TRUCKING
    	
 
    	
 
    
	
DRAWING TYPE:   WORDS, LETTERS, OR NUMBERS IN TYPED FORM
    
	
 
    
	
SERIAL NUMBER: 73359327
    	
 
    	
FILING DATE: 04/12/1982
    
	
REGISTRATION NUMBER: 1248646
    	
 
    	
ISSUE DATE: 08/16/1983
    
	
 
    	
 
    	
 
    
	
MARK: PMT
    	
 
    	
 
    
	
DRAWING TYPE:   WORDS, LETTERS, OR NUMBERS IN TYPED FORM
    
	
 
    
	
TONYA LEE, EXAMINER
    	
 
    	
 
    
	
ASSIGNMENT SERVICES BRANCH
    	
 
    	
 
    
	
PUBLIC RECORDS DIVISION
    	
 
    	
 
    

 

3

 

TRADEMARK ASSIGNMENT

 

	
Electronic   Version v1.1
    	
12/01/2010
    
	
Stylesheet   Version v1.1
    	
900177678
    

 

 

	
SUBMISSION   TYPE:
    	
NEW ASSIGNMENT
    
	
NATURE   OF CONVEYANCE:
    	
SECURITY INTEREST
    

 

CONVEYING PARTY DATA

 

	
Name
    	
 
    	
Formerly
    	
 
    	
Execution Date
    	
 
    	
Entity Type
    
	
Pacific Motor Trucking Company
    	
 
    	
 
    	
 
    	
11/29/2010
    	
 
    	
CORPORATION: MISSOURI
    

 

RECEIVING PARTY DATA

 

	
Name:
    	
Wells Fargo Capital Finance, LLC
    
	
Street   Address:
    	
150 S. Wacker Drive, Suite 2200
    
	
City:
    	
Chicago
    
	
State/Country:
    	
ILLINOIS
    
	
Postal   Code:
    	
60606
    
	
[ILLEGIBLE]   Type:
    	
Limited Liability Company: DELAWARE
    

 

PROPERTY NUMBERS Total: 2

 

	
Property Type
    	
 
    	
Number
    	
 
    	
Word Mark
    
	
Registration   Number:
    	
 
    	
1245993
    	
 
    	
PACIFIC MOTOR TRUCKING
    
	
Registration Number:
    	
 
    	
1248646
    	
 
    	
PMT
    

 

CORRESPONDENCE DATA

 

	
Fax   Number:
    	
(949)720-0182
    
	
Correspondence   will be sent via US Mail when the fax attempt is unsuccessful.
    
	
Phone:
    	
949-224-6282
    
	
Email:
    	
trademark@buchalter.com
    
	
Correspondent   Name:
    	
Sandra P. Thompson
    
	
Address   Line 1:
    	
18400 Von Karman Ave., Suite 800
    
	
Address   Line 4:
    	
Irvine, CALIFORNIA 92612-0514
    

 

	
ATTORNEY DOCKET NUMBER:
    	
F6384-1316
    
	
NAME OF   SUBMITTER:
    	
Sandra P. Thompson
    
	
Signature:
    	
/Sandra P. Thompson/
    
	
Date:
    	
12/01/2010
    

 

4

 

	
Total Attachments: 7
    
	
source=PacificMotorTruckingSecAgmt#page1.tif
    
	
source=PacificMotorTruckingSecAgmt#page2.tif
    
	
source=PacificMotorTruckingSecAgmt#page3.tif
    
	
source=PacificMotorTruckingSecAgmt#page4.tif
    
	
source=PacificMotorTruckingSecAgmt#page5.tif
    
	
source=PacificMotorTruckingSecAgmt#page6.tif
    
	
source=PacificMotorTruckingSecAgmt#page7.tif
    

 

5

 

	
Form PTO-1594 (Rev. 07/05)
    	
U.S. DEPARTMENT OF COMMERCE
    
	
OMB Collection   0651-0027 (exp. 6/30/2008)
    	
United States Patent and Trademark Office
    
	
 
    
	
RECORDATION   FORM COVER SHEET
    
	
TRADEMARKS   ONLY
    
	
To the Director   of the U. S. Patent and Trademark Office: Please record the attached   documents or the new address(es) below.
    
	
 
    	
 
    
	
1.   Name of conveying party(ies):
    	
 
    	
2.   Name and address of receiving party(ies)
    
	
 
    	
 
    	
o   Yes
    x No
    
	
Pacific Motor Trucking Company
    	
 
    	
Additional names,   addresses, or citizenship attached? 
    
	
 
    	
 
    
	
 
    	
 
    	
Name:
    	
Wells Fargo Capital   Finance, LLC
    	
 
    
	
 
    	
 
    	
Internal
    	
 
    	
 
    	
 
    
	
o   Individual(s)
    	
o   Association
    	
 
    	
Address:
    	
 
    	
 
    	
 
    
	
o   General Partnership
    	
o   Limited Partnership
    	
 
    	
Street Address:
    	
150 S. Wacker Dr., Ste.   2200
    	
 
    
	
x   Corporation- State:
    	
M0
    	
 
    	
 
    	
City:
    	
Chicago
    	
 
    
	
o   Other
    	
 
    	
 
    	
 
    	
State:
    	
IL
    	
 
    
	
Citizenship (see   guidelines)
    	
 
    	
 
    	
 
    	
Country:
    	
US
    	
Zip:
    	
60606
    	
 
    
	
Additional names of   conveying parties attached? o   Yes x No
    	
 
    	
o   Association 
    	
Citizenship
    	
 
    	
 
    
	
3.   Nature of conveyance )/Execution Date(s):
    	
 
    	
o   General Partnership Citizenship
    	
 
    	
 
    
	
Execution Date(s)
    	
November 29, 2010
    	
 
    	
 
    	
o   Limited Partnership Citizenship
    	
 
    	
 
    
	
 
    	
 
    	
o   Corporation Citizenship
    	
 
    	
 
    
	
o   Assignment
    	
o   Merger
    	
 
    	
x   Other
    	
LLC
    	
Citizenship 
    	
DE
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
x   Security Agreement
    	
o   Change of Name
    	
 
    	
If assignee is   not domiciled in the United States, a domestic
    
	
o   Other
    	
 
    	
 
    	
 
    	
representative   designation is attached:   o   Yes   o   No
    
	
 
    	
 
    	
(Designations must be a   separate document from assignment)
    
	
 
    	
 
    	
 
    
	
4.   Application number(s) or registration number(s) and identification   or description of the Trademark.
    
	
A. Trademark   Application No.(s)
    	
B. Trademark   Registration No.(s)
    
	
 
    	
1, 245, 993 &   1,248, 646
    
	
 
    	
 
    	
Additional   sheet(s) attached? o   Yes x No
    
	
C. Identification or   Description of Trademark(s) (and Filing Date if Application or   Registration Number is unknown):
    
	
 
    	
 
    	
 
    	
 
    
	
5.   Name & address of party to whom correspondence
    	
6.   Total number of applications and
    	
2
    	
 
    
	
concerning   document should be mailed:
    	
registrations   involved:
    	
 
    
	
 
    	
 
    
	
Name:
    	
Sandra P. Thompson
    	
 
    	
 
    
	
Internal Address:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
7.   Total fee (37 CFR 2.6(b)(6) & 3.41)
    	
$ 65.00
    
	
Street Address: 
    	
Buchalter Nemer
    	
 
    	
o   Authorized to be charged by credit card
    
	
 
    	
 
    	
x   Authorized to be charged to deposit account
    
	
 
    	
18400 Von Karman Ave.,   Ste. 800
    	
 
    	
o   Enclosed 
    
	
 
    	
 
    
	
City:
    	
Irvine
    	
 
    	
8.   Payment Information:
    
	
State: 
    	
CA 
    	
Zip:
    	
92612-0514
    	
 
    	
a. Credit Card
    	
Last 4 Numbers
    	
 
    	
 
    
	
 
    	
 
    	
Expiration Date
    	
 
    	
 
    
	
Phone   Number:
    	
949-224-6282
    	
 
    	
b. Deposit Account   Number 
    	
500977
    	
 
    
	
Fax   Number:
    	
949-720-0182
    	
 
    	
Authorized User   Name 
    	
Buchalter Nemer
    	
 
    
	
Email   Address:
    	
trademark@buchalter.com
    	
 
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
9. Signature:
    	
/s/ Sandra   P. Thompson
    	
 
    	
 
    	
November 30,   2010
    	
 
    
	
Signature
    	
Date
    
	
 
    	
Sandra P. Thompson
    	
 
    	
Total number of   pages including cover 
    	
7
    	
 
    
	
 
    	
Name of Person Signing
    	
sheet, attachments, and   document: 
    	
 
    
																																								

 

Documents to be recorded (including cover sheet) should be faxed to (571) 273-0140, or mailed to:

Mail Stop Assignment Recordation Services, Director of the USPTO, P.O. Box 1450, Alexandria, VA 22313-1450

 

 

Execution Copy

 

TRADEMARK SECURITY AGREEMENT

 

This TRADEMARK SECURITY AGREEMENT (this “Trademark Security Agreement”) is made this 29th day of November, 2010, by and among Grantors listed on the signature pages hereof (collectively, jointly and severally, “Grantors” and each individually “Grantor”), and WELLS FARGO CAPITAL FINANCE, LLC, a Delaware limited liability company (“WFCF”), in its capacity as agent for the Lender Group and the Bank Product Providers (in such capacity, together with its successors and assigns in such capacity, “Agent”).

 

WITNESSETH:

 

WHEREAS, pursuant to that certain Credit Agreement dated as of November 29, 2010 (as amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”) by and among Jack Cooper Holdings Corp. (“Parent”) and the Subsidiaries of Parent identified on the signature pages thereof (such Subsidiaries, together with Parent, are referred to hereinafter each individually as a “Borrower”, and individually and collectively, jointly and severally, as the “Borrowers”), the lenders party thereto as “Lenders” (such Lenders, together with their respective successors and assigns in such capacity, each, individually, a “Lender” and, collectively, the “Lenders”), and Agent, the Lender Group has agreed to make certain financial accommodations available to Borrower from time to time pursuant to the terms and conditions thereof; and

 

WHEREAS, the members of the Lender Group are willing to make the financial accommodations to Borrower as provided for in the Credit Agreement, but only upon the condition, among others, that Grantors shall have executed and delivered to Agent, for the benefit of Lender Group and the Bank Product Providers, that certain Security Agreement, dated as of November 29, 2010 (including all annexes, exhibits or schedules thereto, as from time to time amended, restated, supplemented or otherwise modified, the “Security Agreement”); and

 

WHEREAS, pursuant to the Security Agreement, Grantors are required to execute and deliver to Agent, for the benefit of Lender Group and the Bank Product Providers, this Trademark Security Agreement;

 

NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Grantor hereby agrees as follows:

 

1.                                      DEFINED TERMS. All initially capitalized terms used but not otherwise defined herein have the meanings given to them in the Security Agreement or, if not defined therein, in the Credit Agreement.

 

2.                                      GRANT OF SECURITY INTEREST IN TRADEMARK COLLATERAL. Each Grantor hereby unconditionally grants, assigns, and pledges to Agent, for the benefit each member of the Lender Group and each of the Bank Product Providers, to secure the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (collectively, the “Trademark Collateral”):

 

(a)                                 all of its Trademarks and Trademark Intellectual Property Licenses to which it is a party including those referred to on Schedule I, exclusive, however, of (i) any Trademarks that are protectable, registered or applied for solely under the laws of jurisdictions outside the United States, and (ii) any United States intent-to-use trademark applications to the extent that, and solely during the period in which, the granting of a security interest therein would impair the validity or enforceability of such intent-to-use trademark applications under applicable federal law, provided that upon submission and acceptance by the

 

1

 

PTO of an amendment to allege to use pursuant to 15 U.S.C. Section 1060(a) (or any successor provision), such intent-to-use trademark application shall be considered Trademark Collateral;

 

(b)                                 all goodwill of the business connected with the use of, and symbolized by, each Trademark and each Trademark Intellectual Property License; and

 

(c)                                  all products and proceeds (as that term is defined in the Code) of the foregoing, including any claim by such Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any Intellectual Property License, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any Trademark Intellectual Property License.

 

3.                                      SECURITY FOR SECURED OBLIGATIONS. This Trademark Security Agreement and the Security Interest created hereby secures the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Trademark Security Agreement secures the payment of all amounts which constitute part of the Secured Obligations and would be owed by Grantors, or any of them, to Agent, the Lender Group, the Bank Product Providers or any of them, whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding involving any Grantor.

 

4.                                      SECURITY AGREEMENT. The Security Interest granted pursuant to this Trademark Security Agreement is granted in conjunction with the security interests granted to Agent, for the benefit of the Lender Group and the Bank Product Providers, pursuant to the Security Agreement. Each Grantor hereby acknowledges and affirms that the rights and remedies of Agent with respect to the Security Interest in the Trademark Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. To the extent there is any inconsistency between this Trademark Security Agreement and the Security Agreement, the Security Agreement shall control.

 

5.                                      AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new trademarks, the provisions of this Trademark Security Agreement shall automatically apply thereto. Grantors shall give prompt notice in writing to Agent with respect to any such new trademarks or renewal or extension of any trademark registration. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize Agent unilaterally to modify this Trademark Security Agreement by amending Schedule I to include any such new trademark rights of each Grantor. Notwithstanding the foregoing, no failure to so modify this Trademark Security Agreement or amend Schedule I shall in any way affect, invalidate or detract from Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

 

6.                                      COUNTERPARTS. This Trademark Security Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Trademark Security Agreement. Delivery of an executed counterpart of this Trademark Security Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Trademark Security Agreement. Any party delivering an executed counterpart of this Trademark Security Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Trademark Security Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Trademark Security Agreement.

 

7.                                      CONSTRUCTION. This Copyright Security Agreement is a Loan Document. Unless the context of this Trademark Security Agreement clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase

 

2

 

“and/or”. The words “hereof”, “herein”, “hereby”, “hereunder”, and similar terms in this Trademark Security Agreement refer to this Trademark Security Agreement as a whole and not to any particular provision of this Trademark Security Agreement. Section, subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified. Any reference in this Trademark Security Agreement to any agreement, instrument, or document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein). The words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts, and contract rights. Any reference herein to the satisfaction, repayment, or payment in full of the Secured Obligations shall mean the repayment in full in cash or immediately available funds (or, (a) in the case of contingent reimbursement obligations with respect to Letters of Credit, providing Letter of Credit Collateralization, and (b) in the case of obligations with respect to Bank Products (other than Hedge Obligations), providing Bank Product Collateralization) of all of the Secured Obligations (including the payment of any termination amount then applicable (or which would or could become applicable as a result of the repayment of the other Secured Obligations) under Hedge Agreements provided by Hedge Providers) other than (i) unasserted contingent indemnification Secured Obligations, (ii) any Bank Product Obligations (other than Hedge Obligations) that, at such time, are allowed by the applicable Bank Product Provider to remain outstanding without being required to be repaid or cash collateralized, and (iii) any Hedge Obligations that, at such time, are allowed by the applicable Hedge Provider to remain outstanding without being required to be repaid. Any reference herein to any Person shall be construed to include such Person’s successors and permitted assigns. Any requirement of a writing contained herein shall be satisfied by the transmission of a Record.

 

8.                                      THE VALIDITY OF THIS TRADEMARK SECURITY AGREEMENT, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF, AND THE RIGHTS OF THE PARTIES HERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR RELATED HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA.

 

9.                                      THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS TRADEMARK SECURITY AGREEMENT SHALL BE TRIED AND LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. AGENT AND EACH GRANTOR WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 9.

 

10.                               TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AGENT AND EACH GRANTOR HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS. AGENT AND EACH GRANTOR REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS TRADEMARK SECURITY AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.

 

3

 

[SIGNATURE PAGE FOLLOWS]

 

4

 

IN WITNESS WHEREOF, the parties hereto have caused this Trademark Security Agreement to be executed and delivered as of the day and year first above written.

 

	
GRANTORS:
    	
PACIFIC   MOTOR TRUCKING COMPANY
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ T. Michael Riggs
    
	
 
    	
Name:
    	
T. Michael Riggs
    
	
 
    	
Title:
    	
Chairman of the Board
    

 

Trademark Security Agreement

 

 

	
 
    	
ACCEPTED   AND ACKNOWLEDGED BY:
    
	
 
    	
 
    
	
AGENT:
    	
WELLS   FARGO CAPITAL FINANCE, LLC,
    
	
 
    	
a Delaware limited   liability company
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ David R. Klages
    
	
 
    	
Name:
    	
David R. Klages
    
	
 
    	
Title:
    	
Vice President
    

 

Trademark Security Agreement

 

 

SCHEDULE I

 

to

 

TRADEMARK SECURITY AGREEMENT

 

Trademark Registrations/Applications

 

	
Service Mark
    	
 
    	
Serial Number
    	
 
    	
Registration
   Number
    	
 
    	
Filing Date
    	
 
    	
Registration Date
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Pacific Motor Trucking
    	
 
    	
73359326
    	
 
    	
1245993
    	
 
    	
April 12, 1982
    	
 
    	
July 19, 1983
    
	
PMT
    	
 
    	
73359327
    	
 
    	
1248646
    	
 
    	
April 12, 1982
    	
 
    	
August 16, 1983
    

 

Trade Names

 

None

 

Common Law Trademarks

 

None

 

Trademarks Not Currently In Use

 

None

 

Trademark Licenses

 

None

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00256-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00256-of-00352.parquet"}]]