Document:

exv10w1

 

Exhibit 10.1

FIRST AMENDMENT TO CREDIT AGREEMENT AND WAIVER

     THIS FIRST AMENDMENT TO CREDIT AGREEMENT AND WAIVER (this “Amendment”) is entered into as of
February 25, 2008, by and between LACROSSE FOOTWEAR, INC., a Wisconsin corporation (“Borrower”),
and (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”).

RECITALS

     WHEREAS, Borrower is currently indebted to Bank pursuant to the terms and conditions of that
certain Credit Agreement between Borrower and Bank dated as of September 8, 2006, as amended from
time to time (“Credit Agreement”).

     WHEREAS, Bank and Borrower have agreed to certain changes in the terms and conditions set
forth in the Credit Agreement and have agreed to amend the Credit Agreement to reflect said
changes.

     NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

     1. On or about February 4, 2008, Borrower declared a special dividend of $1.00 per share
payable on March 18, 2008 in an amount not exceeding $6,300,000, plus a dividend of $0.125 per
share also payable on March 18, 2008 in an aggregate amount not exceeding $800,000, which aggregate
amount exceeded the limit set forth in Section 5.2 of the Credit Agreement (prior to the
effectiveness of Section 2 hereof). Bank hereby waives such breach of Section 5.2, as well as any
Event of Default, or event or condition, which, with the passage of time or giving of notice or
both, would constitute an Event of Default, occasioned by such breach. This waiver is specific to
the breach described herein and does not imply or constitute a commitment on the part of Bank to
waive any other breaches of the same or any other provisions of the Loan Documents.

     2. Section 5.2 is hereby amended to read as follows:

     “SECTION 5.2. DIVIDENDS, DISTRIBUTIONS. Declare or pay any dividend or distribution
either in cash, stock or any other property on Borrower’s stock now or hereafter outstanding,
nor redeem, retire, repurchase or otherwise acquire any shares of any class of Borrower’s
stock now or hereafter outstanding in any fiscal year excess of the Permitted Amount for such
fiscal year. The term “Permitted Amount” means:

(a) for fiscal year ending 2007, an aggregate of $2,500,000 in dividends which may be
declared and which may be paid in fiscal years ending 2007 and/or 2008;

(b) for fiscal year ending 2008, in addition to the dividends payable in 2008 as set
forth in paragraph (a), the aggregate amounts of $3,500,000 plus a special dividend
not exceeding $6,300,000, which may be declared and paid in fiscal year ending 2008;
and

(c) for each subsequent fiscal year, an aggregate of $3,500,000 which may be declared
in such fiscal year and which may be paid in such or the immediately subsequent fiscal
year.”

 

     3. Except as specifically provided herein, all terms and conditions of the Credit Agreement
remain in full force and effect, without waiver or modification. All terms defined in the Credit
Agreement shall have the same meaning when used in this Amendment. This Amendment and the Credit
Agreement shall be read together, as one document.

     4. Borrower hereby remakes all representations and warranties contained in the Credit
Agreement and reaffirms all covenants set forth therein. Borrower further certifies that, except
as set forth in Section 1 hereof, as of the date of this Amendment there exists no Event of Default
as defined in the Credit Agreement, nor any condition, act or event which with the giving of notice
or the passage of time or both would constitute any such Event of Default.

UNDER OREGON LAW, MOST AGREEMENTS, PROMISES AND COMMITMENTS MADE BY BANK AFTER OCTOBER 3, 1989
CONCERNING LOANS AND OTHER CREDIT EXTENSIONS WHICH ARE NOT FOR PERSONAL, FAMILY OR HOUSEHOLD
PURPOSES OR SECURED SOLELY BY THE BORROWER’S RESIDENCE MUST BE IN WRITING, EXPRESS CONSIDERATION
AND BE SIGNED BY BANK TO BE ENFORCEABLE.

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

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	WELLS FARGO BANK,	 	 
	LACROSSE FOOTWEAR, INC.	 	 	 	NATIONAL ASSOCIATION	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Joseph P. Schneider
 

Joseph P. Schneider
	 	 	 	By:
	 	/s/ James R. Bednark
 

James R. Bednark
	 	 
	 

	 	President/Chief Executive Officer
	 	 	 	 	 	Relationship Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ David P. Carlson	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	David P. Carlson

Executive Vice President/Chief Financial Officer	 	 	 	 	 	 	 	 

The foregoing is acknowledged and agreed to without prejudice to its obligations and grants of
security under the Third Party Security Agreement granted by the undersigned in favor of Wells
Fargo Bank, National Association, dated as of April 15, 2004, as amended, are hereby reaffirmed in
all respects.

DANNER, INC.

	 	 	 	 	 
	By:

	 	/s/ Joseph P. Schneider
 

      Joseph P. Schneider
	 	 
	Its:

	 	      President/Chief Executive Officerexv10w58

 

Exhibit 10.58

EXECUTION COPY

SECURITY AGREEMENT

dated as of

December 6, 2007

among

AMERICAN REPROGRAPHICS COMPANY, L.L.C.,

AMERICAN REPROGRAPHICS COMPANY,

and

THE OTHER GRANTORS PARTY HERETO

and

JPMORGAN CHASE BANK, N.A.,

as Collateral Agent

 

 

TABLE OF CONTENTS

 

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	SECTION 1. Definitions.
	 	 	1	 
	SECTION 2. Grant of Transaction Liens.
	 	 	9	 
	SECTION 3. General Representations and Warranties
	 	 	11	 
	SECTION 4. Further Assurances; General Covenants
	 	 	13	 
	SECTION 5. Accounts
	 	 	15	 
	SECTION 6. Equipment
	 	 	16	 
	SECTION 7. Recordable Intellectual Property
	 	 	16	 
	SECTION 8. Investment Property
	 	 	17	 
	SECTION 9. Controlled Deposit Accounts
	 	 	19	 
	SECTION 10. Cash Collateral Accounts
	 	 	20	 
	SECTION 11. Operation of Collateral Accounts.
	 	 	21	 
	SECTION 12. Transfer Of Record Ownership
	 	 	22	 
	SECTION 13. Right to Vote Securities
	 	 	22	 
	SECTION 14. Certain Cash Distributions
	 	 	23	 
	SECTION 15. Remedies upon Event of Default
	 	 	23	 
	SECTION 16. Application of Proceeds
	 	 	24	 
	SECTION 17. Fees and Expenses; Indemnification
	 	 	26	 
	SECTION 18. Authority to Administer Collateral
	 	 	28	 
	SECTION 19. Limitation on Duty in Respect of Collateral
	 	 	28	 
	SECTION 20. General Provisions Concerning the Collateral Agent.
	 	 	29	 
	SECTION 21. Termination of Transaction Liens; Release of Collateral
	 	 	30	 
	SECTION 22. Additional Grantors
	 	 	31	 
	SECTION 23. Notices
	 	 	31	 
	SECTION 24. No Implied Waivers; Remedies Not Exclusive
	 	 	31	 
	SECTION 25. Successors and Assigns
	 	 	31	 
	SECTION 26. Amendments and Waivers
	 	 	31	 
	SECTION 27. Choice of Law
	 	 	31	 
	SECTION 28. Waiver of Jury Trial
	 	 	32	 
	SECTION 29. Severability
	 	 	32	 

 

 

SCHEDULES:

	 	 	 	 	 
	 

	 	Schedule 1
	 	Equity Interests in Subsidiaries and Affiliates Owned by Original Grantors
	 
	 	 	 	 
	 

	 	Schedule 2
	 	Other Investment Property Owned by Original Grantors
	 
	 	 	 	 
	 

	 	Schedule 3
	 	Existing Secured Hedging Obligations

EXHIBITS:

	 	 	 	 	 
	 

	 	Exhibit A
	 	Security Agreement Supplement
	 
	 	 	 	 
	 

	 	Exhibit B
	 	Copyright Security Agreement
	 
	 	 	 	 
	 

	 	Exhibit C
	 	Patent Security Agreement
	 
	 	 	 	 
	 

	 	Exhibit D
	 	Trademark Security Agreement
	 
	 	 	 	 
	 

	 	Exhibit E
	 	Perfection Certificate
	 
	 	 	 	 
	 

	 	Exhibit F
	 	Issuer Control Agreement
	 
	 	 	 	 
	 

	 	Exhibit G
	 	Securities Account Control Agreement
	 
	 	 	 	 
	 

	 	Exhibit H
	 	Deposit Account Control Agreement

ii

 

 

SECURITY AGREEMENT

     SECURITY AGREEMENT dated as of December 6, 2007 among AMERICAN REPROGRAPHICS COMPANY, L.L.C.,
(the “Borrower”), AMERICAN REPROGRAPHICS COMPANY (“Holdings”), the other Grantors party hereto and
JPMORGAN CHASE BANK, N.A., as Collateral Agent.

     WHEREAS, the Borrower is entering into the Credit Agreement described in Section 1 hereof,
pursuant to which the Borrower intends to borrow funds and obtain letters of credit for the
purposes set forth therein;

     WHEREAS, the Borrower has agreed to secure (i) its obligations under the Credit Agreement and
(ii) its obligations under interest rate hedging arrangements designed to mitigate the risk that
interest rates payable under the Credit Agreement will fluctuate by granting Liens on its assets to
the Collateral Agent as provided in the Security Documents;

     WHEREAS, Holdings and each of the other Guarantors have agreed to guarantee the foregoing
obligations of the Borrower as provide in the Credit Agreement, and to secure their respective
guarantees thereof by granting Liens on their respective assets to the Collateral Agent as provided
in the Security Documents;

     WHEREAS, the Lenders and the Issuing Bank are not willing to make loans or issue or
participate in letters of credit under the Credit Agreement, and the counterparties to the interest
rate hedging arrangements referred to above are not willing to enter into or maintain them, unless
(i) the foregoing obligations of the Borrower are secured and guaranteed as described above and
(ii) each guarantee thereof is secured by Liens on assets of the relevant Guarantor as provided in
the Security Documents; and

     WHEREAS, upon any foreclosure or other enforcement of the Security Documents, the net proceeds
of the relevant Collateral are to be received by or paid over to the Collateral Agent and applied
as provided herein;

     NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

 

 

     SECTION 1. Definitions.

     (a) Terms Defined in Credit Agreement. Terms defined in the Credit Agreement and not
otherwise defined in subsection (b) or (c) of this Section 1 have, as used herein, the respective
meanings provided for therein.

     (b) Terms Defined in UCC. As used herein, each of the following terms has the meaning
specified in the UCC:

	 	 	 
	Term	 	UCC
	Account

	 	9-102
	Authenticate

	 	9-102
	Certificated Security

	 	8-102
	Chattel Paper

	 	9-102
	Commodity Account

	 	9-102
	Commodity Customer

	 	9-102
	Deposit Account

	 	9-102
	Document

	 	9-102
	Entitlement Holder

	 	8-102
	Entitlement Order

	 	8-102
	Equipment

	 	9-102
	Financial Asset

	 	8-102 & 103
	General Intangibles

	 	9-102
	Instrument

	 	9-102
	Inventory

	 	9-102
	Investment Property

	 	9-102
	Record

	 	9-102
	Securities Account

	 	8-501
	Securities Intermediary

	 	8-102
	Security

	 	8-102 & 103
	Security Entitlement

	 	8-102
	Supporting Obligations

	 	9-102
	Uncertificated Security

	 	8-102

     (c) Additional Definitions. The following additional terms, as used herein, have the
following meanings:

     “Cash Collateral Account” has the meaning set forth in Section 10(a).

     “Cash Distributions” means dividends, interest and other distributions and payments (including
proceeds of liquidation, sale or other disposition) made or received in cash upon or with respect
to any Collateral.

 

 

     “Collateral” means, collectively, all of the real, personal and mixed property (including
Capital Stock), whether now owned or hereafter acquired, on which Liens are granted or purports to
be granted pursuant to the Security Documents as security for the Obligations. When used with
respect to a specific Grantor, the term “Collateral” means all of its property on which such a Lien
is granted or purports to be granted.

     “Collateral Accounts” means the Cash Collateral Accounts, the Controlled Deposit Accounts and
the Controlled Securities Accounts.

     “Contingent Obligation” means, at any time, any Obligation (or portion thereof) that is
contingent in nature at such time, including any Obligation that is:

     (i) an obligation to reimburse a bank for drawings not yet made under a letter of
credit issued by it;

     (ii) an obligation under a Hedging Agreement to make payments that cannot be
quantified at such time;

     (iii) any other obligation (including any guarantee) that is contingent in nature at
such time; or

     (iv) an obligation to provide collateral to secure any of the foregoing types of
obligations.

     “Control” has the following meanings:

     (a) when used with respect to any Security or Security Entitlement, the meaning
specified in UCC Section 8-106; and

     (b) when used with respect to any Deposit Account, the meaning specified in UCC
Section 9-104.

     “Controlled Deposit Account” means a Deposit Account (i) that is subject to a Deposit Account
Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as
defined in UCC Section 4-104).

     “Controlled Securities Account” means a Securities Account that (i) is maintained in the name
of a Grantor at an office of a Securities Intermediary located in the United States and (ii)
together with all Financial Assets credited thereto and all related Security Entitlements, is
subject to a Securities Account Control Agreement among such Grantor, the Collateral Agent and such
Securities Intermediary.

2

 

     “Copyright License” means any agreement now or hereafter in existence granting to any Grantor,
or pursuant to which any Grantor grants to any other Person, any right to use, copy, reproduce,
distribute, prepare derivative works, display or publish any records or other materials on which a
Copyright is in existence or may come into existence.

     “Copyrights” means all the following: (i) all copyrights under the laws of the United States
or any other country (whether or not the underlying works of authorship have been published), all
registrations and recordings thereof, all copyrightable works of authorship (whether or not
published), and all applications for copyrights under the laws of the United States or any other
country, including registrations, recordings and applications in the United States Copyright Office
or in any similar office or agency of the United States, any State thereof or any other country or
any political subdivision thereof, including those described in Schedule 1 to any Copyright
Security Agreement, (ii) all renewals of any of the foregoing, (iii) all claims for, and rights to
sue for, past or future infringements of any of the foregoing, and (iv) all income, royalties,
damages and payments now or hereafter due or payable with respect to any of the foregoing,
including damages and payments for past or future infringements thereof.

     “Copyright Security Agreement” means a Copyright Security Agreement, substantially in the form
of Exhibit B, executed and delivered by a Grantor in favor of the Collateral Agent for the benefit
of the Secured Parties.

     “Credit Agreement” means the Credit and Guaranty Agreement, dated as of December ___, 2007,
among American Reprographics Company, L.L.C., American Reprographics Company and certain
Subsidiaries of American Reprographics Company, L.L.C., as Guarantors, the financial institutions
from time to time party thereto, as Lenders, and JPMorgan Chase Bank, N.A., as Administrative Agent
and Collateral Agent.

     “Deposit Account Control Agreement” means, with respect to any Deposit Account of any Grantor,
a Deposit Account Control Agreement substantially in the form of Exhibit H (with any changes that
the Collateral Agent shall have approved) among such Grantor, the Collateral Agent and the relevant
Depositary Bank, (i) providing that such Depositary Bank will comply with instructions originated
by the Collateral Agent directing disposition of the funds in such Deposit Account without further
consent by such Grantor and (ii) subordinating to the relevant Transaction Lien all claims of the
Depositary Bank to such Deposit Account (except its right to deduct its normal operating charges
and any uncollected funds previously credited thereto).

     “Depositary Bank” means a bank at which a Controlled Deposit Account is maintained.

3

 

     “Equity Interest” means (i) in the case of a corporation, any shares of its capital stock,
(ii) in the case of a limited liability company, any membership interest therein, (iii) in the case
of a partnership, any partnership interest (whether general or limited) therein, (iv) in the case
of any other business entity, any participation or other interest in the equity or profits thereof,
(v) any warrant, option or other right to acquire any Equity Interest described in this definition
or (vi) any Security Entitlement in respect of any Equity Interest described in this definition.

     “Existing Secured Hedging Obligations” means the obligations of the Borrower or any other
Credit Party in respect of the agreements listed on Schedule 3, but not in respect of any renewal,
modification or extension thereof.

     “Grantors” means the Borrower, each of the Persons listed on the signature pages hereof under
the caption “Guarantors” and each Subsidiary of the Borrower that shall, at any time after the date
hereof, become a “Grantor” pursuant to Section 22.

     “Intellectual Property Filing” means (i) with respect to any Patent, Patent License, Trademark
or Trademark License, the filing of the applicable Patent Security Agreement or Trademark Security
Agreement with the United States Patent and Trademark Office, together with an appropriately
completed recordation form, and (ii) with respect to any Copyright or Copyright License, the filing
of the applicable Copyright Security Agreement with the United States Copyright Office, together
with an appropriately completed recordation form, in each case sufficient to record the Transaction
Lien granted to the Collateral Agent in such Recordable Intellectual Property.

     “Intellectual Property Security Agreement” means a Copyright Security Agreement, a Patent
Security Agreement or a Trademark Security Agreement.

     “Issuer Control Agreement” means an Issuer Control Agreement substantially in the form of
Exhibit F (with any changes that the Collateral Agent shall have approved).

     “LLC Interest” means a membership interest or similar interest in a limited liability company.

     “Mortgage” means a mortgage or deed of trust in form reasonably satisfactory to the Collateral
Agent in each case creating a Lien on real property in favor of the Collateral Agent (or a
sub-agent appointed pursuant to Section 20(b)) for the benefit of the Secured Parties and with such
changes in the form thereof as the Collateral Agent shall reasonably request for the purpose of
conforming to

4

 

local practice for similar instruments in the jurisdiction where such real property is
located.

     “Non-Contingent Obligation” means at any time any Obligation (or portion thereof) that is not
a Contingent Obligation at such time.

     “Obligations” means (i) all “Obligations” as defined in the Credit Agreement and (ii) without
duplication, Existing Secured Hedging Obligations (including Post-Petition Interest) thereon.

     “Opinion of Counsel” means a written opinion of legal counsel (who may be counsel to a Grantor
or other counsel, in either case approved by the Collateral Agent in its reasonable discretion)
addressed and delivered to the Collateral Agent.

     “Original Grantor” means any Grantor that grants a Lien on any of its assets hereunder on the
Closing Date.

     “own” refers to the possession of sufficient rights in property to grant a security interest
therein as contemplated by UCC Section 9-203, and “acquire” refers to the acquisition of any such
rights.

     “Partnership Interest” means a partnership interest, whether general or limited.

     “Patent License” means any agreement now or hereafter in existence granting to any Grantor, or
pursuant to which any Grantor grants to any other Person, any right with respect to any Patent or
any invention now or hereafter in existence, whether patentable or not, whether a patent or
application for patent is in existence on such invention or not, and whether a patent or
application for patent on such invention may come into existence or not.

     “Patents” means (i) all letters patent and design letters patent of the United States or any
other country and all applications for letters patent or design letters patent of the United States
or any other country, including applications in the United States Patent and Trademark Office or in
any similar office or agency of the United States, any State thereof or any other country or any
political subdivision thereof, including those described in Schedule 1 to any Patent Security
Agreement, (ii) all reissues, divisions, continuations, continuations in part, revisions and
extensions of any of the foregoing, (iii) all claims for, and rights to sue for, past or future
infringements of any of the foregoing and (iv) all income, royalties, damages and payments now or
hereafter due or payable with respect to any of the foregoing, including damages and payments for
past or future infringements thereof.

5

 

     “Patent Security Agreement” means a Patent Security Agreement, substantially in the form of
Exhibit C, executed and delivered by a Grantor in favor of the Collateral Agent for the benefit of
the Secured Parties.

     “Perfection Certificate” means, with respect to the Grantors, a certificate substantially in
the form of Exhibit E, completed and supplemented with the schedules contemplated thereby to the
satisfaction of the Collateral Agent, and signed by an officer of each Grantor.

     “Permitted Liens” means (i) the Transaction Liens and (ii) any other Liens on the Collateral
permitted to be created or assumed or to exist pursuant to Section 6.02 of the Credit Agreement.

     “Personal Property Collateral” means all property included in the Collateral except Real
Property Collateral.

     “Pledged”, when used in conjunction with any type of asset, means at any time an asset of such
type that is included (or that creates rights that are included) in the Collateral at such time.
For example, “Pledged Equity Interest” means an Equity Interest that is included in the Collateral
at such time.

     “Post-Petition Interest” means any interest that accrues after the commencement of any case,
proceeding or other action relating to the bankruptcy, insolvency or reorganization of any one or
more of the Grantors (or would accrue but for the operation of applicable bankruptcy or insolvency
laws), whether or not such interest is allowed or allowable as a claim in any such proceeding.

     “Proceeds” means all proceeds of, and all other profits, products, rents or receipts, in
whatever form, arising from the collection, sale, lease, exchange, assignment, licensing or other
disposition of, or other realization upon, any Collateral, including all claims of the relevant
Grantor against third parties for loss of, damage to or destruction of, or for proceeds payable
under, or unearned premiums with respect to, policies of insurance in respect of, any Collateral,
and any condemnation or requisition payments with respect to any Collateral.

     “Real Property Collateral” means all real property (including leasehold interests in real
property) included in the Collateral.

     “Recordable Intellectual Property” means (i) any Patent registered with the United States
Patent and Trademark Office, and any Patent License with respect to a Patent so registered, (ii)
any Trademark registered with the United States Patent and Trademark Office, and any Trademark
License with respect to a Trademark so registered, (iii) any Copyright registered with the United
States

6

 

Copyright Office and any Copyright License with respect to a Copyright so registered, and all
rights in or under any of the foregoing.

     “Release Conditions” means the following conditions for terminating all the Transaction Liens:

     (i) all Commitments under the Credit Agreement shall have expired or been terminated;

     (ii) all Non-Contingent Obligations shall have been paid in full; and

     (iii) no Contingent Obligation (other than contingent indemnification and expense
reimbursement obligations as to which no claim shall have been asserted) shall remain
outstanding;

     provided that the condition in clause (iii) shall not apply to outstanding Letters of Credit if
(x) no Event of Default has occurred and is continuing and (y) the Borrower has granted to the
Collateral Agent, for the benefit of the Lenders, a security interest in cash (or causes a bank
acceptable to the Administrative Agent, the Collateral Agent and the Issuing Bank to issue a letter
of credit naming the Issuing Bank as beneficiary) in an amount exceeding 105% of the LC Exposure
(plus any accrued and unpaid interest thereon) as of the date of such termination, on terms and
conditions and pursuant to documentation reasonably satisfactory to the Administrative Agent, the
Collateral Agent and the Issuing Bank.

     “Secured Agreement”, when used with respect to any Obligation, refers collectively to each
instrument, agreement or other document that sets forth obligations of the Borrower, obligations of
a Grantor and/or rights of the holder with respect to such Obligation.

     “Secured Guarantee” means, with respect to each Grantor, its guarantee of the Obligations
pursuant to Article 7 of the Credit Agreement (or pursuant to a Counterpart Agreement).

     “Secured Party Requesting Notice” means, at any time, a Secured Party that has, at least five
Business Days prior thereto, delivered to the Collateral Agent a written notice (i) stating that it
holds one or more Obligations and wishes to receive copies of the notices referred to in Section
20(e) and (ii) setting forth its address, facsimile number and e-mail address to which copies of
such notices should be sent.

     “Securities Account Control Agreement” means, when used with respect to a Securities Account,
a Securities Account Control Agreement
substantially in the form of Exhibit D (with any changes that the Collateral Agent

7

 

shall have
approved) among the relevant Securities Intermediary, the relevant Grantor and the Collateral Agent
to the effect that such Securities Intermediary will comply with Entitlement Orders originated by
the Collateral Agent with respect to such Securities Account without further consent by the
relevant Grantor.

     “Security Agreement Supplement” means a Security Agreement Supplement, substantially in the
form of Exhibit A, signed and delivered to the Collateral Agent for the purpose of adding a
Subsidiary as a party hereto pursuant to Section 22 and/or adding additional property to the
Collateral.

     “Security Documents” means, collectively, the Collateral Documents, the Deposit Account
Control Agreements, the Issuer Control Agreements, the Securities Account Control Agreements, the
Mortgages, the Intellectual Property Security Agreements and all other supplemental or additional
security agreements, control agreements, mortgages or similar instruments delivered pursuant to the
Credit Documents.

     “Trademark License” means any agreement now or hereafter in existence granting to any Grantor,
or pursuant to which any Grantor grants to any other Person, any right to use any Trademark.

     “Trademarks” means: (i) all trademarks, trade names, corporate names, company names, business
names, fictitious business names, trade styles, service marks, logos, brand names, trade dress,
prints and labels on which any of the foregoing have appeared or appear, package and other designs,
and all other source or business identifiers, and all general intangibles of like nature, and the
rights in any of the foregoing which arise under applicable law, (ii) the goodwill of the business
symbolized thereby or associated with each of them, (iii) all registrations and applications in
connection therewith, including registrations and applications in the United States Patent and
Trademark Office or in any similar office or agency of the United States, any State thereof or any
other country or any political subdivision thereof, including those described in Schedule 1 to any
Trademark Security Agreement, (iv) all renewals of any of the foregoing, (v) all claims for, and
rights to sue for, past or future infringements of any of the foregoing and (vi) all income,
royalties, damages and payments now or hereafter due or payable with respect to any of the
foregoing, including damages and payments for past or future infringements thereof.

     “Trademark Security Agreement” means a Trademark Security Agreement, substantially in the form
of Exhibit D, executed and delivered by a Grantor in favor of the Collateral Agent for the benefit
of the Secured Parties.

8

 

     “Transaction Liens” means the Liens granted by the Grantors under the Security Documents.

     “UCC” means the Uniform Commercial Code as in effect from time to time in the State of New
York; provided that, if perfection or the effect of perfection or non-perfection or the priority of
any Transaction Lien on any Collateral is governed by the Uniform Commercial Code as in effect in a
jurisdiction other than New York, “UCC” means the Uniform Commercial Code as in effect from time to
time in such other jurisdiction for purposes of the provisions hereof relating to such perfection,
effect of perfection or non-perfection or priority.

     (d) Terms Generally. The definitions of terms herein (including those incorporated by
reference to the UCC or to another document) apply equally to the singular and plural forms of the
terms defined. Whenever the context may require, any pronoun includes the corresponding masculine,
feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be
followed by the phrase “without limitation”. The word “will” shall be construed to have the same
meaning and effect as the word “shall”. Unless the context requires otherwise, (i) any definition
of or reference to any agreement, instrument or other document herein shall be construed as
referring to such agreement, instrument or other document as from time to time amended,
supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or
modifications set forth herein), (ii) any reference herein to any Person shall be construed to
include such Person’s successors and assigns, (iii) the words “herein”, “hereof” and “hereunder”,
and words of similar import, shall be construed to refer to this Agreement in its entirety and not
to any particular provision hereof, (iv) all references herein to Sections, Exhibits and Schedules
shall be construed to refer to Sections of, and Exhibits and Schedules to, this Agreement and (v)
the word “property” shall be construed to refer to any and all tangible and intangible assets and
properties, including cash, securities, accounts and contract rights.

     SECTION 2. Grant of Transaction Liens.

     (a) The Borrower, in order to secure the Obligations, and each Guarantor listed on the
signature pages hereof, in order to secure its Secured Guarantee, grants to the Collateral Agent
for the benefit of the Secured Parties a continuing security interest in all the following property
of the Borrower or such Guarantor, as the case may be, whether now owned or existing or hereafter
acquired or arising and regardless of where located:

     (i) all Accounts;

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     (ii) all Chattel Paper;

     (iii) all Deposit Accounts;

     (iv) all Documents;

     (v) all Equipment;

     (vi) all General Intangibles (including any Equity Interests in other Persons that do
not constitute Investment Property);

     (vii) all Instruments;

     (viii) all Inventory;

     (ix) all Investment Property;

     (x) all books and records (including customer lists, credit files, computer programs,
printouts and other computer materials and records) of such Original Grantor pertaining to
any of its Collateral;

     (xi) such Original Grantor’s ownership interest in (1) its Collateral Accounts, (2)
all Financial Assets credited to its Collateral Accounts from time to time and all
Security Entitlements in respect thereof, (3) all cash held in its Collateral Accounts
from time to time and (4) all other money in the possession of the Collateral Agent; and

     (xii) all Proceeds of the Collateral described in the foregoing clauses (i) through
(xi);

provided that the following property is excluded from the foregoing security interests: (A) motor
vehicles the perfection of a security interest in which is excluded from the Uniform Commercial
Code in the relevant jurisdiction, (B) voting Equity Interests in any Foreign Subsidiary, to the
extent (but only to the extent) required to prevent the Collateral from including more than 66% of
all voting Equity Interests in such Foreign Subsidiary, (C) United States intent-to-use trademark
applications to the extent that, and solely during the period in which, the grant of a security
interest therein would impair the validity or enforceability of such intent-to-use trademark
applications under applicable federal law, and (D) any property to the extent that the grant of a
security interest therein is prohibited by any applicable law or regulation, requires a consent not
obtained of any Governmental Authority pursuant to any applicable law or regulation, or is
prohibited by, or constitutes a breach or default under or results in the termination of or
requires any consent not obtained under, any contract, license, agreement, instrument or other
document evidencing or giving rise to such property or, in the

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case of any Investment Property, any applicable shareholder or similar agreement, except to the
extent that such law or regulation or the term in such contract, license, agreement, instrument or
other document or shareholder or similar agreement providing for such prohibition, breach, default
or termination or requiring such consent is ineffective under applicable law. Each Original Grantor
shall use all reasonable efforts to obtain any such required consent that is reasonably obtainable.

     (b) With respect to each right to payment or performance included in the Collateral from time
to time, the Transaction Lien granted therein includes a continuing security interest in (i) any
Supporting Obligation that supports such payment or performance and (ii) any Lien that (x) secures
such right to payment or performance or (y) secures any such Supporting Obligation.

     (c) The Transaction Liens are granted as security only and shall not subject the Collateral
Agent or any other Secured Party to, or transfer or in any way affect or modify, any obligation or
liability of any Grantor with respect to any of the Collateral or any transaction in connection
therewith.

     SECTION 3. General Representations and Warranties. Each Original Grantor represents and
warrants that:

     (a) Such Grantor is duly organized, validly existing and in good standing under the laws of
the jurisdiction identified as its jurisdiction of organization in its Perfection Certificate.

     (b) Schedule 1 lists all Equity Interests in Subsidiaries and Affiliates owned by such Grantor
as of the Closing Date. Such Grantor holds all such Equity Interests directly (i.e., not through a
Subsidiary, a Securities Intermediary or any other Person).

     (c) Schedule 2 lists, as of the Closing Date, (i) all Securities owned by such Grantor (except
Securities evidencing Equity Interests in Subsidiaries and Affiliates) and (ii) all Securities
Accounts to which Financial Assets are credited in respect of which such Grantor owns Security
Entitlements. Such Grantor owns no Commodity Account in respect of which such Grantor is the
Commodity Customer.

     (d) All Pledged Equity Interests owned by such Grantor are owned by it free and clear of any
Lien other than (i) the Transaction Liens and (ii) any inchoate tax liens. All shares of capital
stock included in such Pledged Equity Interests (including shares of capital stock in respect of
which such Grantor owns a Security Entitlement) have been duly authorized and validly issued and
are fully paid and non-assessable. None of such Pledged Equity Interests is subject to any

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option to purchase or similar right of any Person. Such Grantor is not and will not become a
party to or otherwise bound by any agreement (except the Credit Documents) which restricts in any
manner the rights of any present or future holder of any Pledged Equity Interest with respect
thereto.

     (e) Such Grantor has good and marketable title to all its Collateral (subject to exceptions
that are, in the aggregate, not material), and, upon the filing, as applicable, of the UCC-3
termination statements and other notices of termination in connection with (i) Recordable
Intellectual Property and (ii) Copyrights, Patents and Trademarks arising under the laws of any
jurisdiction other than the United States of America or any State thereof delivered to the
Collateral Agent on the Closing Date (the “Release Documents”), free and clear of any Lien other
than Permitted Liens.

     (f) Such Grantor has not performed any acts that might reasonably be expected to prevent the
Collateral Agent from enforcing any of the provisions of the Security Documents or that would limit
the Collateral Agent in any such enforcement. Upon the filing of the Release Documents, no
financing statement, security agreement, mortgage or similar or equivalent document or instrument
covering all or part of the Collateral owned by such Grantor will be on file or of record in any
jurisdiction in which such filing or recording would be effective to perfect or record a Lien on
such Collateral, except financing statements, mortgages or other similar or equivalent documents
with respect to Permitted Liens. After the Closing Date, no Collateral owned by such Grantor will
be in the possession or under the Control of any other Person having a claim thereto or security
interest therein, other than a Permitted Lien.

     (g) The Transaction Liens on all Personal Property Collateral owned by such Grantor (i) have
been validly created, (ii) will attach to each item of such Collateral on the Closing Date (or, if
such Grantor first obtains rights thereto on a later date, on such later date) and (iii) when so
attached, will secure all of the Obligations or such Grantor’s Secured Guarantee, as the case may
be.

     (h) When the relevant Mortgages have been duly executed and delivered, the Transaction Liens
on all Real Property Collateral owned by such Grantor as of the Closing Date will have been validly
created and will secure all of the Obligations or such Grantor’s Secured Guarantee, as the case may
be. When such Mortgages have been duly recorded, such Transaction Liens will rank prior to all
other Liens (except Permitted Liens) on such Real Property Collateral.

     (i) Such Grantor has delivered a Perfection Certificate to the Collateral Agent. The
information set forth therein is correct and complete as of the Closing Date.

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     (j) When UCC financing statements describing the Collateral as “all personal property” and the
Release Documents have been filed in the offices specified in such Perfection Certificate, the
Transaction Liens will constitute perfected security interests in the Personal Property Collateral
owned by such Grantor to the extent that a security interest therein may be perfected by filing
pursuant to the UCC, prior to all Liens and rights of others therein except Permitted Liens. When,
in addition to the filing of such UCC financing statements and the Release Documents, the
applicable Intellectual Property Filings have been made with respect to such Grantor’s Recordable
Intellectual Property (including any future filings required pursuant to Sections 4(a) and 7(a)),
the Transaction Liens will constitute perfected security interests in all right, title and interest
of such Grantor in its Recordable Intellectual Property to the extent that security interests
therein may be perfected by such filings, prior to all Liens and rights of others therein except
Permitted Liens. Except for (i) the filing of such UCC financing statements, (ii) such Intellectual
Property Filings and (iii) the due recordation of the Mortgages, no registration, recordation or
filing with any governmental body, agency or official is required in connection with the execution
or delivery of the Security Documents or is necessary for the validity or enforceability thereof or
for the perfection or due recordation of the Transaction Liens or for the enforcement of the
Transaction Liens , except to the extent that any of the Collateral consists of Patents, Trademarks
or Copyrights issued by a jurisdiction other than the United States of America or any state thereof
with respect to which perfection of the Transaction Liens cannot be effected in the manner
described in clause (i), (ii) or (iii) above.

     (k) Such Grantor has taken, and will continue to take, all actions necessary under the UCC to
perfect its interest in any Accounts or Chattel Paper purchased or otherwise acquired by it, as
against its assignors and creditors of its assignors.

     (l) Such Grantor’s Collateral is insured as required by the Credit Agreement.

     SECTION 4. Further Assurances; General Covenants. Each Grantor covenants as follows:

     (a) Such Grantor will, from time to time, at the Borrower’s expense, execute, deliver, file
and record any statement, assignment, instrument, document, agreement or other paper and take any
other action (including any Intellectual Property Filing and any filing of financing or
continuation statements under the UCC) that from time to time may be necessary or desirable, or
that the Collateral Agent may reasonably request, in order to:

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     (i) create, preserve, perfect, confirm or validate the Transaction Liens on such
Grantor’s Collateral;

     (ii) in the case of Pledged Deposit Accounts and Pledged Investment Property, cause
the Collateral Agent to have Control thereof;

     (iii) enable the Collateral Agent and the other Secured Parties to obtain the full
benefits of the Security Documents; or

     (iv) enable the Collateral Agent to exercise and enforce any of its rights, powers
and remedies with respect to any of such Grantor’s Collateral.

To the extent permitted by applicable law, such Grantor authorizes the Collateral Agent to execute
and file such financing statements or continuation statements without such Grantor’s signature
appearing thereon. Such Grantor agrees that a carbon, photographic, photostatic or other
reproduction of this Agreement or of a financing statement is sufficient as a financing statement.
Such Grantor constitutes the Collateral Agent its attorney-in-fact to execute and file all
Intellectual Property Filings and other filings required or so requested for the foregoing
purposes, all acts of such attorney being hereby ratified and confirmed; and such power, being
coupled with an interest, shall be irrevocable until all the Transaction Liens granted by such
Grantor terminate pursuant to Section 21. The Borrower will pay the costs of, or incidental to,
any Intellectual Property Filings and any recording or filing of any financing or continuation
statements or other documents recorded or filed pursuant hereto.

     (b) Such Grantor will not (i) change its name or corporate structure, (ii) change its location
(determined as provided in UCC Section 9-307) or (iii) become bound, as provided in UCC Section
9-203(d) or otherwise, by a security agreement entered into by another Person, unless (i) it shall
have given the Collateral Agent at least 15 days prior notice thereof and (ii) all filings required
under the Uniform Commercial Code or otherwise to ensure that the Collateral Agent has a valid,
legal and perfected security interest in the Collateral have been made.

     (c) If any of its Collateral is in the possession or control of a warehouseman, bailee or
agent at any time, such Grantor will (i) notify such warehouseman, bailee or agent of the relevant
Transaction Liens, (ii) instruct such warehouseman, bailee or agent to hold all such Collateral for
the Collateral Agent’s account subject to the Collateral Agent’s instructions (which shall permit
such Collateral to be removed by such Grantor in the ordinary course of business until the
Collateral Agent notifies such warehouseman, bailee or agent that an Event of Default has occurred
and is continuing), (iii) cause such warehouseman,

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bailee or agent to Authenticate a Record acknowledging that it holds possession of such
Collateral for the Collateral Agent’s benefit and (iv) make such Authenticated Record available to
the Collateral Agent.

     (d) Such Grantor will not sell, lease, exchange, assign or otherwise dispose of, or grant any
option with respect to, any of its Collateral; provided that such Grantor may do any of the
foregoing unless (i) doing so would violate a covenant in the Credit Agreement or (ii) an Event of
Default shall have occurred and be continuing and the Collateral Agent shall have notified such
Grantor that its right to do so is terminated, suspended or otherwise limited. Concurrently with
any sale, lease or other disposition (except a sale or disposition to another Grantor or a lease)
permitted by the foregoing proviso, the Transaction Liens on the assets sold or disposed of (but
not in any Proceeds arising from such sale or disposition) will cease immediately without any
action by the Collateral Agent or any other Secured Party. The Collateral Agent will, at the
Borrower’s expense, execute and deliver to the relevant Grantor such documents as such Grantor
shall reasonably request to evidence the fact that any asset so sold or disposed of is no longer
subject to a Transaction Lien.

     (e) Such Grantor will, promptly upon request, provide to the Collateral Agent all information
and evidence concerning such Grantor’s Collateral that the Collateral Agent may reasonably request
from time to time to enable it to enforce the provisions of the Security Documents.

     SECTION 5. Accounts. Each Grantor represents, warrants and covenants as follows:

     (a) Such Grantor will use commercially reasonable efforts to cause to be collected from its
account debtors, when due, all amounts owing under its Accounts (including delinquent Accounts,
which will be collected in accordance with lawful collection procedures) and will apply all amounts
collected thereon, forthwith upon receipt thereof, to the outstanding balances of such Accounts.
Subject to the rights of the Collateral Agent and the other Secured Parties hereunder if an Event
of Default shall have occurred and be continuing, such Grantor may allow in the ordinary course of
business as adjustments to amounts owing under its Accounts (i) any extension or renewal of the
time or times for payment, or settlement for less than the total unpaid balance, that such Grantor
finds appropriate in accordance with sound business judgment and (ii) refunds or credits, all in
the ordinary course of business and consistent with such Grantor’s historical collection practices.
The costs and expenses (including attorney’s fees) of collection, whether incurred by such Grantor
or the Collateral Agent, shall be paid by such Grantor.

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     (b) If payments with respect to any of such Grantor’s Accounts are received in a lockbox or
similar account, such Grantor will (i) at all times cause such account to be a Controlled Deposit
Account and (ii) cause the relevant depositary bank to subordinate to the relevant Transaction Lien
all its claims to such account (except its right to deduct its normal operating charges and any
uncollected funds previously credited thereto). The Collateral Agent will instruct the relevant
depositary bank to transfer funds credited to any such account, as promptly as practicable after
receipt thereof, to a Controlled Deposit Account designated by such Grantor; provided that, if an
Event of Default shall have occurred and be continuing, the Collateral Agent may designate the
Controlled Deposit Account to which such funds are transferred.

     (c) If an Event of Default shall have occurred and be continuing, such Grantor will, if
requested to do so by the Collateral Agent, promptly notify (and such Grantor authorizes the
Collateral Agent so to notify) each account debtor in respect of any of its Accounts that such
Accounts have been assigned to the Collateral Agent hereunder, and that any payments due or to
become due in respect of such Accounts are to be made directly to the Collateral Agent or its
designee.

     SECTION 6. Equipment. Each Grantor covenants that it will not permit any of its Pledged
Equipment to become a fixture to real estate or an accession to any personal property that is not
included in the Collateral.

     SECTION 7. Recordable Intellectual Property. Each Grantor covenants as follows:

     (a) On the Closing Date (in the case of an Original Grantor) or the date on which it signs and
delivers its first Security Agreement Supplement (in the case of any other Grantor), such Grantor
will sign and deliver to the Collateral Agent Intellectual Property Security Agreements with
respect to all Recordable Intellectual Property then owned by it. Within 30 days after each June
30 and December 31 thereafter, it will sign and deliver to the Collateral Agent an appropriate
Intellectual Property Security Agreement covering any Recordable Intellectual Property owned by it
on such June 30 or December 31 that is not covered by any previous Intellectual Property Security
Agreement so signed and delivered by it. In each case, it will promptly make all Intellectual
Property Filings necessary to record the Transaction Liens on such Recordable Intellectual
Property.

     (b) Such Grantor will notify the Collateral Agent promptly if it knows that any application or
registration relating to any material Recordable Intellectual Property owned or licensed by it may
become abandoned or dedicated to the public, or of any adverse determination or development
(including the institution

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of, or any adverse determination or development in, any proceeding in the United States
Copyright Office, the United States Patent and Trademark Office or any court) regarding such
Grantor’s ownership of such Recordable Intellectual Property, its right to register or patent the
same, or its right to keep and maintain the same. If any of such Grantor’s rights to any
Recordable Intellectual Property are infringed, misappropriated or diluted in any material respect
by a third party, such Grantor will notify the Collateral Agent within 30 days after it learns
thereof and will, unless such Grantor shall reasonably determine that such action would be of
negligible value, economic or otherwise, take reasonable steps to protect its Recordable
Intellectual Property, including promptly suing for infringement, misappropriation or dilution and
to recover any and all damages for such infringement, misappropriation or dilution, and will take
such other actions as such Grantor shall reasonably deem appropriate under the circumstances to
protect such Recordable Intellectual Property.

     SECTION 8. Investment Property. Each Grantor represents, warrants and covenants as follows:

     (a) Certificated Securities. On the Closing Date (in the case of an Original Grantor) or the
date on which it signs and delivers its first Security Agreement Supplement (in the case of any
other Grantor), such Grantor will deliver to the Collateral Agent as Collateral hereunder all
certificates representing Pledged Certificated Securities then owned by such Grantor. Thereafter,
whenever such Grantor acquires any other certificate representing a Pledged Certificated Security,
such Grantor will deliver such certificate to the Collateral Agent as Collateral hereunder within
five days of its acquisition. The provisions of this subsection are subject to the limitation in
Section 13(j) in the case of voting Equity Interests in a Foreign Subsidiary.

     (b) Uncertificated Securities. On the Closing Date (in the case of an Original Grantor) or
the date on which it signs and delivers its first Security Agreement Supplement (in the case of any
other Grantor), such Grantor will enter into (and cause the relevant issuer to enter into) an
Issuer Control Agreement in respect of each Pledged Uncertificated Security then owned by such
Grantor and deliver such Issuer Control Agreement to the Collateral Agent (which shall enter into
the same). Thereafter, whenever such Grantor acquires any other Pledged Uncertificated Security,
such Grantor will enter into (and cause the relevant issuer to enter into) an Issuer Control
Agreement in respect of such Pledged Uncertificated Security and deliver such Issuer Control
Agreement to the Collateral Agent (which shall enter into the same). The provisions of this
subsection are subject to the limitation in Section 13(j) in the case of voting Equity Interests in
a Foreign Subsidiary.

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     (c) Security Entitlements. On the Closing Date (in the case of an Original Grantor) or the
date on which it signs and delivers its first Security Agreement Supplement (in the case of any
other Grantor), such Grantor will, with respect to each Security Entitlement then owned by it,
enter into (and cause the relevant Securities Intermediary to enter into) a Securities Account
Control Agreement in respect of such Security Entitlement and the Securities Account to which the
underlying Financial Asset is credited and will deliver such Securities Account Control Agreement
to the Collateral Agent (which shall enter into the same). Thereafter, whenever such Grantor
acquires any other Security Entitlement, such Grantor will, as promptly as practicable, cause the
underlying Financial Asset to be credited to a Controlled Securities Account.

     (d) Perfection as to Certificated Securities. When such Grantor delivers the certificate
representing any Pledged Certificated Security owned by it to the Collateral Agent and complies
with Section 8(h) in connection with such delivery, (i) the Transaction Lien on such Pledged
Certificated Security will be perfected, subject to no prior Liens or rights of others, (ii) the
Collateral Agent will have Control of such Pledged Certificated Security and (iii) the Collateral
Agent will be a protected purchaser (within the meaning of UCC Section 8-303) thereof.

     (e) Perfection as to Uncertificated Securities. When such Grantor, the Collateral Agent and
the issuer of any Pledged Uncertificated Security owned by such Grantor enter into an Issuer
Control Agreement with respect thereto, (i) the Transaction Lien on such Pledged Uncertificated
Security will be perfected, subject to no prior Liens or rights of others, (ii) the Collateral
Agent will have Control of such Pledged Uncertificated Security and (iii) the Collateral Agent will
be a protected purchaser (within the meaning of UCC Section 8-303) thereof.

     (f) Perfection as to Security Entitlements. So long as the Financial Asset underlying any
Security Entitlement owned by such Grantor is credited to a Controlled Securities Account, (i) the
Transaction Lien on such Security Entitlement will be perfected, subject to no prior Liens or
rights of others (except Liens and rights of the relevant Securities Intermediary that are
Permitted Liens), (ii) the Collateral Agent will have Control of such Security Entitlement and
(iii) no action based on an adverse claim to such Security Entitlement or such Financial Asset,
whether framed in conversion, replevin, constructive trust, equitable lien or other theory, may be
asserted against the Collateral Agent or any other Secured Party.

     (g) Agreement as to Applicable Jurisdiction. In respect of all Security Entitlements owned by
such Grantor, and all Securities Accounts to which the related Financial Assets are credited, the
Securities Intermediary’s jurisdiction (determined as provided in UCC Section 8-110(e)) will at all
times be located in the United States.

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     (h) Delivery of Pledged Certificates. All Pledged Certificates, when delivered to the
Collateral Agent, will be in suitable form for transfer by delivery, or accompanied by duly
executed instruments of transfer or assignment in blank, all in form and substance reasonably
satisfactory to the Collateral Agent.

     (i) Communications. Each Grantor will promptly give to the Collateral Agent copies of any
notices and other communications received by it with respect to (i) Pledged Securities registered
in the name of such Grantor or its nominee and (ii) Pledged Security Entitlements as to which such
Grantor is the Entitlement Holder.

     (j) Foreign Subsidiaries. A Grantor will not be obligated to comply with the provisions of
this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and
to the extent (but only to the extent) that such voting Equity Interest is excluded from the
Transaction Liens at such time pursuant to clause (B) of the proviso at the end of Section 2(a)
and/or the comparable provisions of one or more Security Agreement Supplements.

     (k) Compliance with Applicable Foreign Laws. If and so long as the Collateral includes (i)
any Equity Interest in, or other Investment Property issued by, a legal entity organized under the
laws of a jurisdiction outside the United States or (ii) any Security Entitlement in respect of a
Financial Asset issued by such a foreign legal entity, the relevant Grantor will take all such
reasonable action as may be required under the laws of such foreign jurisdiction to ensure that the
Transaction Lien on such Collateral ranks prior to all Liens and rights of others therein.

     SECTION 9. Controlled Deposit Accounts. Each Grantor represents, warrants and covenants as
follows:

     (a) All cash owned by such Grantor will be deposited, upon or promptly after the receipt
thereof, in one or more Controlled Deposit Accounts. Each Controlled Deposit Account will be
operated as provided in Section 11.

     (b) In respect of each Controlled Deposit Account, the Depositary Bank’s jurisdiction
(determined as provided in UCC Section 9-304) will at all times be a jurisdiction in which Article
9 of the Uniform Commercial Code is in effect.

     (c) So long as the Collateral Agent has Control of a Controlled Deposit Account, the
Transaction Lien on such Controlled Deposit Account will be perfected, subject to no prior Liens or
rights of others (except the Depositary Bank’s right to deduct its normal operating charges and any
uncollected funds previously credited thereto).

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     (d) Materiality Exception. The Grantors have the right not to comply with the foregoing
provisions of this Section with respect to Deposit Accounts having total collected balances that do
not at any time exceed $3,000,000 in the aggregate for all Grantors. However, if an Event of
Default occurs and is continuing, the Collateral Agent may terminate the foregoing right not to
comply, or reduce the amount thereof, by giving at least 10 Business Days’ notice of such
termination or reduction to the relevant Grantors.

     SECTION 10. Cash Collateral Accounts. (a) If and when required for purposes hereof, the
Collateral Agent will establish with respect to the Grantors the following Deposit Accounts (each
such Deposit Account, a “Cash Collateral Account”), in the name and under the exclusive control of
the Collateral Agent, which will be operated as provided in this Section and Section 11 and into
which all amounts owned by a Grantor that are to be deposited therein pursuant to the Credit
Documents shall be deposited from time to time:

     (i) the Letter of Credit Account; and

     (ii) the Collection Account.

     (b) The following amounts shall be deposited into the Cash Collateral Accounts:

     (i) the Grantors shall deposit into the Letter of Credit Account each amount required
by Section 2.05(e) or Section 2.13(c) of the Credit Agreement to be deposited therein to
be held as security for the LC Exposure;

     (ii) the Grantors shall deposit to the Collection Account each Cash Distribution
required by Section 14 to be deposited therein; and

     (iii) the Collateral Agent shall deposit to the Collection Account each amount
realized or otherwise received with respect to assets of any Grantor upon any exercise of
remedies pursuant to any Security Document.

     (c) The Collateral Agent shall maintain such records and/or establish such sub-accounts as
shall be required to enable it to identify the amounts held in each Cash Collateral Account from
time to time pursuant to each clause of subsection (b) of this Section.

     (d) Unless (x) an Event of Default shall have occurred and be continuing or (y) the maturity
of the Loans shall have been accelerated pursuant to Article 8 of the Credit Agreement, the Collateral Agent shall withdraw amounts from the
Cash Collateral Accounts and apply them for the following purposes:

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     (i) any amount deposited to the Letter of Credit Account shall (i) be held as
collateral security in respect of the Borrower’s obligations in respect of any LC Exposure
and shall be withdrawn and applied against the Borrower’s reimbursement obligations in
respect of any unreimbursed LC Disbursements as they become due and as otherwise provided
in Section 2.05(e) and 2.13(c) of the Credit Agreement; provided that such amount (to the
extent not theretofore so applied) shall be withdrawn and returned to the Borrower if and
when permitted by said Sections 2.05(e) and 2.13(c); and

     (ii) any Cash Distribution deposited pursuant to Section 14 shall, at the relevant
Grantor’s request, (x) be withdrawn and applied to pay Obligations that are then due and
payable or (y) if no Event of Default has occurred and is continuing, be withdrawn and
returned to such Grantor.

     SECTION 11. Operation of Collateral Accounts. (a) All Cash Distributions received with
respect to assets held in any Collateral Account shall be deposited therein promptly upon receipt
thereof.

     (b) Funds held in any Controlled Securities Account may, until withdrawn, be invested and
reinvested in Cash or in such Cash Equivalents as the relevant Grantor shall request from time to
time; provided that, if an Event of Default shall have occurred and be continuing, Collateral Agent
may select such Cash Equivalents.

     (c) Funds held in any Controlled Deposit Account or Cash Collateral Account may, until
withdrawn, be invested and reinvested in Cash and in such Cash Equivalents as the relevant Grantor
shall request from time to time; provided that if an Event of Default shall have occurred and be
continuing, Collateral Agent may select such Cash Equivalents.

     (d) With respect to each Collateral Account (except a Cash Collateral Account, as to which
Section 10 applies), the Collateral Agent will instruct the relevant Securities Intermediary or
Depositary Bank that the relevant Grantor may withdraw, or direct the disposition of, funds held
therein unless and until the Collateral Agent rescinds such instruction. The Collateral Agent will
not rescind such instructions unless an Event of Default shall have occurred and be continuing.

     (e) If an Event of Default shall have occurred and be continuing, the Collateral Agent may (i)
retain, or instruct the relevant Securities Intermediary or Depositary Bank to retain, all cash and
investments then held in any Collateral Account, (ii) liquidate, or instruct the relevant
Securities Intermediary or

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Depositary Bank to liquidate, any or all investments held therein and/or
(iii) withdraw any amounts held therein and apply such amounts as provided in Section 16.

     (f) If immediately available cash on deposit in any Collateral Account is not sufficient to
make any distribution or withdrawal to be made pursuant hereto, the Collateral Agent will cause to
be liquidated, as promptly as practicable, such investments held in or credited to such Collateral
Account as shall be required to obtain sufficient cash to make such distribution or withdrawal and,
notwithstanding any other provision hereof, such distribution or withdrawal shall not be made until
such liquidation has taken place.

     SECTION 12. Transfer Of Record Ownership. At any time when an Event of Default shall have
occurred and be continuing for a period of at least ten days, the Collateral Agent may (and to the
extent that action by it is required, the relevant Grantor, if directed to do so by the Collateral
Agent, will as promptly as practicable) cause each of the Pledged Securities (or any portion
thereof specified in such direction) to be transferred of record into the name of the Collateral
Agent or its nominee. Each Grantor will take any and all actions reasonably requested by the
Collateral Agent to facilitate compliance with this Section. If the provisions of this Section are
implemented, Section 8(b) shall not thereafter apply to any Pledged Security that is registered in
the name of the Collateral Agent or its nominee. The Collateral Agent will promptly give to the
relevant Grantor copies of any notices and other communications received by the Collateral Agent
with respect to Pledged Securities registered in the name of the Collateral Agent or its nominee.

     SECTION 13. Right to Vote Securities. (a) Unless an Event of Default shall have occurred and
be continuing for a period of at least ten days, each Grantor will have the right, from time to
time, to vote and to give consents, ratifications and waivers with respect to any Pledged Security
owned by it and the Financial Asset underlying any Pledged Security Entitlement owned by it, and
the Collateral Agent will, upon receiving a written request from such Grantor, deliver to such
Grantor or as specified in such request such proxies, powers of attorney, consents, ratifications
and waivers in respect of any such Pledged Security that is registered in the name of the
Collateral Agent or its nominee or any such Pledged Security Entitlement as to which the Collateral
Agent or its nominee is the Entitlement Holder, in each case as shall be specified in such request
and be in form and substance satisfactory to the Collateral Agent. Unless an Event of Default
shall have occurred and be continuing for a period of at least ten days, the
Collateral Agent will have no right to take any action which the owner of a Pledged
Partnership Interest or Pledged LLC Interest is entitled to take with respect thereto, except the
right to receive payments and other distributions to the extent provided herein.

22

 

     (b) If an Event of Default shall have occurred and be continuing for a period of at least ten
days, the Collateral Agent will have the right to the extent permitted by law (and, in the case of
a Pledged Partnership Interest or Pledged LLC Interest, by the relevant partnership agreement,
limited liability company agreement, operating agreement or other governing document) to vote, to
give consents, ratifications and waivers and to take any other action with respect to the Pledged
Investment Property, the other Pledged Equity Interests (if any) and the Financial Assets
underlying the Pledged Security Entitlements, with the same force and effect as if the Collateral
Agent were the absolute and sole owner thereof, and each Grantor will take all such action as the
Collateral Agent may reasonably request from time to time to give effect to such right.

     SECTION 14. Certain Cash Distributions. Cash Distributions with respect to assets held in a
Collateral Account shall be deposited and held therein, or withdrawn therefrom, as provided in
Section 11. Cash Distributions with respect to any Pledged Equity Interest or Pledged Debt that is
not held in a Collateral Account (whether held in the name of a Grantor or in the name of the
Collateral Agent or its nominee) shall be deposited, promptly upon receipt thereof, in a Controlled
Deposit Account of the relevant Grantor; provided that, if an Event of Default shall have occurred
and be continuing for a period of at least ten days, the Collateral Agent may deposit, or direct
the recipient thereof to deposit, each such Cash Distribution in the relevant Grantor’s Collection
Account.

     SECTION 15. Remedies upon Event of Default. (a) If an Event of Default shall have occurred
and be continuing, the Collateral Agent may exercise (or cause its sub-agents to exercise) any or
all of the remedies available to it (or to such sub-agents) under the Security Documents.

     (b) Without limiting the generality of the foregoing, if an Event of Default shall have
occurred and be continuing, the Collateral Agent may exercise on behalf of the Secured Parties all
the rights of a secured party under the UCC (whether or not in effect in the jurisdiction where
such rights are exercised) with respect to any Personal Property Collateral and, in addition, the
Collateral Agent may, without being required to give any notice, except as herein provided or as
may be required by mandatory provisions of law, withdraw all cash held in the Collateral Accounts
and apply such cash as provided in Section 16 and, if there shall be no such cash or if such cash
shall be insufficient to pay all the Obligations in full, sell, lease, license or otherwise dispose
of the Collateral or any part thereof. Notice of any such sale or other disposition shall be given
to the relevant
Grantor(s) as required by Section 18. The foregoing provisions of this subsection shall apply
to Real Property Collateral only to the extent permitted by applicable law and the provisions of
any applicable Mortgage or other document.

23

 

     (c) Without limiting the generality of the foregoing, if an Event of Default shall have
occurred and be continuing:

     (i) the Collateral Agent may license or sublicense, whether general, special or
otherwise, and whether on an exclusive or non-exclusive basis, any Pledged intellectual
property (including any Pledged Recordable Intellectual Property) throughout the world for
such term or terms, on such conditions and in such manner as the Collateral Agent shall in
its sole discretion determine; provided that such licenses or sublicenses do not conflict
with any existing license of which the Collateral Agent shall have received a copy;

     (ii) the Collateral Agent may (without assuming any obligation or liability
thereunder), at any time and from time to time, in its sole and reasonable discretion,
enforce (and shall have the exclusive right to enforce) against any licensee or
sublicensee all rights and remedies of any Grantor in, to and under any of its Pledged
intellectual property and take or refrain from taking any action under any thereof, and
each Grantor releases the Collateral Agent and each other Secured Party from liability
for, and agrees to hold the Collateral Agent and each other Secured Party free and
harmless from and against any claims and expenses arising out of, any lawful action so
taken or omitted to be taken with respect thereto, except for claims and expenses arising
from the Collateral Agent’s or such Secured Party’s gross negligence or willful
misconduct; and

     (iii) upon request by the Collateral Agent (which shall not be construed as implying
any limitation on its rights or powers), each Grantor will execute and deliver to the
Collateral Agent a power of attorney, in form and substance satisfactory to the Collateral
Agent, for the implementation of any sale, lease, license or other disposition of any of
such Grantor’s Pledged intellectual property or any action related thereto. In connection
with any such disposition, but subject to any confidentiality restrictions imposed on such
Grantor in any license or similar agreement, such Grantor will supply to the Collateral
Agent its know-how and expertise relating to the relevant intellectual property or the
products or services made or rendered in connection with such intellectual property, and
its customer lists and other records relating to such intellectual property and to the
distribution of said products or services.

     SECTION 16. Application of Proceeds. (a) If an Event of Default shall have occurred and be
continuing, the Collateral Agent may apply (i) any cash held in the Collateral Accounts and (ii)
the proceeds of any sale or other disposition of all or any part of the Collateral, in the
following order of priorities:

24

 

     first, to pay the expenses of such sale or other disposition, including reasonable
compensation to agents of and counsel for the Administrative Agent and the Collateral
Agent, and all expenses, liabilities and advances incurred or made by the Administrative
Agent and the Collateral Agent in connection with the Security Documents, and any other
amounts then due and payable to the Administrative Agent or the Collateral Agent pursuant
to Section 17 or pursuant to Section 10.03 of the Credit Agreement;

     second, to pay the unpaid principal of the Obligations (including all obligations in
respect of Hedge Agreements, Banking Services Obligations and Existing Secured Hedging
Obligations) ratably (or provide for the payment thereof pursuant to Section 16(b)), until
payment in full of the foregoing Obligations shall have been made (or so provided for);

     third, to pay ratably all interest (including Post-Petition Interest) on the
Obligations payable under the Credit Agreement, until payment in full of all such interest
and fees shall have been made;

     fourth, to pay all other Obligations ratably (or provide for the payment thereof
pursuant to Section 16(b)), until payment in full of all such other Obligations shall have
been made (or so provided for); and

     finally, to pay to the relevant Grantor, or as a court of competent jurisdiction may
direct, any surplus then remaining from the proceeds of the Collateral owned by it;

provided that Collateral owned by a Guarantor and any proceeds thereof shall be applied pursuant to
the foregoing clauses first, second, third and fourth only to the extent of such Guarantor’s
Maximum Liability. The Collateral Agent may make such distributions hereunder in cash or in kind
or, on a ratable basis, in any combination thereof.

     (b) If at any time any portion of any monies collected or received by the Collateral Agent
would, but for the provisions of this Section 16(b), be payable pursuant to Section 16(a) in
respect of a Contingent Obligation, the Collateral Agent shall not apply any monies to pay such
Contingent Obligation but instead shall request the holder thereof, at least 10 days before each
proposed distribution
hereunder, to notify the Collateral Agent as to the maximum amount of such Contingent
Obligation if then ascertainable (e.g., in the case of a letter of credit, the maximum amount
available for subsequent drawings thereunder). If the holder of such Contingent Obligation does
not notify the Collateral Agent of the maximum ascertainable amount thereof at least two Business
Days before such

25

 

distribution, such holder will not be entitled to share in such distribution. If
such holder does so notify the Collateral Agent as to the maximum ascertainable amount thereof, the
Collateral Agent will allocate to such holder a portion of the monies to be distributed in such
distribution, calculated as if such Contingent Obligation were outstanding in such maximum
ascertainable amount. However, the Collateral Agent will not apply such portion of such monies to
pay such Contingent Obligation, but instead will hold such monies or invest such monies in Cash and
Cash Equivalents. All such monies and Cash and Cash Equivalents and all proceeds thereof will
constitute Collateral hereunder, but will be subject to distribution in accordance with this
Section 16(b) rather than Section 16(a). The Collateral Agent will hold all such monies and Cash
and Cash Equivalents and the net proceeds thereof in trust until all or part of such Contingent
Obligation becomes a Non-Contingent Obligation, whereupon the Collateral Agent at the request of
the relevant Secured Party will apply the amount so held in trust to pay such Non-Contingent
Obligation; provided that, if the other Obligations theretofore paid pursuant to the same clause of
Section 16(a) (i.e., clause second or fourth) were not paid in full, the Collateral Agent will
apply the amount so held in trust to pay the same percentage of such Non-Contingent Obligation as
the percentage of such other Obligations theretofore paid pursuant to the same clause of Section
16(a). If (i) the holder of such Contingent Obligation shall advise the Collateral Agent that no
portion thereof remains in the category of a Contingent Obligation and (ii) the Collateral Agent
still holds any amount held in trust pursuant to this Section 16(b) in respect of such Contingent
Obligation (after paying all amounts payable pursuant to the preceding sentence with respect to any
portions thereof that became Non-Contingent Obligations), such remaining amount will be applied by
the Collateral Agent in the order of priorities set forth in Section 16(a).

     (c) In making the payments and allocations required by this Section, the Collateral Agent may
rely upon information supplied to it pursuant to Section 20(c). All distributions made by the
Collateral Agent pursuant to this Section shall be final (except in the event of manifest error)
and the Collateral Agent shall have no duty to inquire as to the application by any Secured Party
of any amount distributed to it.

     SECTION 17. Fees and Expenses; Indemnification. (a) The Borrower will forthwith upon demand
pay to the Collateral Agent:

     (i) the amount of any taxes that the Collateral Agent may have been required to pay
by reason of the Transaction Liens or to free any Collateral from any other Lien thereon;

     (ii) the amount of any and all reasonable out-of-pocket expenses, including transfer
taxes and reasonable fees and expenses of

26

 

counsel and other experts, that the Collateral
Agent may incur in connection with (x) the administration or enforcement of the Security
Documents, including such expenses as are incurred to preserve the value of the Collateral
or the validity, perfection, rank or value of any Transaction Lien, (y) the collection,
sale or other disposition of any Collateral or (z) the exercise by the Collateral Agent of
any of its rights or powers under the Security Documents;

     (iii) the amount of any fees that the Borrower shall have agreed in writing to pay to
the Administrative Agent or the Collateral Agent and that shall have become due and
payable in accordance with such written agreement; and

     (iv) the amount required to indemnify the Administrative Agent and/or the Collateral
Agent for, or hold either or both of them harmless and defend either or both of them
against, any loss, liability or expense (including the reasonable fees and expenses of its
counsel and any experts or sub-agents appointed hereunder) incurred or suffered by the
Administrative Agent and/or the Collateral Agent in connection with the Security
Documents, except to the extent that such loss, liability or expense arises from the
Administrative Agent’s or the Collateral Agent’s gross negligence or willful misconduct or
a breach of any duty that the Administrative Agent or the Collateral Agent has under this
Agreement (after giving effect to Sections 19 and 20).

Any such amount not paid on demand will bear interest for each day thereafter until paid at a rate
per annum equal to the sum of 2% plus the rate applicable to ABR Loans for such day.

     (b) If any transfer tax, documentary stamp tax or other tax is payable in connection with any
transfer or other transaction provided for in the Security Documents, the Borrower will pay such
tax and provide any required tax stamps to the Collateral Agent or as otherwise required by law.

     (c) The Borrower shall indemnify each of the Secured Parties, their respective affiliates and
the respective directors, officers, agents and employees of the foregoing (each an “Indemnitee”)
against, and hold each Indemnitee harmless from, any and all liabilities, losses, damages, costs
and expenses of any kind
(including reasonable expenses of investigation by engineers, environmental consultants and
similar technical personnel and reasonable fees and disbursements of counsel) arising out of, or in
connection with any and all Environmental Liabilities. Without limiting the generality of the
foregoing, each Grantor waives all rights for contribution and all other rights of recovery with
respect to liabilities, losses, damages, costs and expenses arising under or related to

27

 

Environmental Laws that it might have by statute or otherwise against any Indemnitee.

     SECTION 18. Authority to Administer Collateral. Each Grantor irrevocably appoints the
Collateral Agent its true and lawful attorney, with full power of substitution, in the name of such
Grantor, any Secured Party or otherwise, for the sole use and benefit of the Secured Parties, but
at the Borrower’s expense, to the extent permitted by law to exercise, at any time and from time to
time while an Event of Default shall have occurred and be continuing, all or any of the following
powers with respect to all or any of such Grantor’s Collateral:

     (a) to demand, sue for, collect, receive and give acquittance for any and all monies
due or to become due upon or by virtue thereof,

     (b) to settle, compromise, compound, prosecute or defend any action or proceeding
with respect thereto,

     (c) to sell, lease, license or otherwise dispose of the same or the proceeds or
avails thereof, as fully and effectually as if the Collateral Agent were the absolute
owner thereof, and

     (d) to extend the time of payment of any or all thereof and to make any allowance or
other adjustment with reference thereto;

provided that, except in the case of Personal Property Collateral that is perishable or threatens
to decline speedily in value or is of a type customarily sold on a recognized market, the
Collateral Agent will give the relevant Grantor at least ten days’ prior written notice of the time
and place of any public sale thereof or the time after which any private sale or other intended
disposition thereof will be made. Any such notice shall (i) contain the information specified in
UCC Section 9-613, (ii) be Authenticated and (iii) be sent to the parties required to be notified
pursuant to UCC Section 9-611(c); provided that, if the Collateral Agent fails to comply with this
sentence in any respect, its liability for such failure shall be limited to the liability (if any)
imposed on it as a matter of law under the UCC.

     SECTION 19. Limitation on Duty in Respect of Collateral. Beyond the exercise of reasonable
care in the custody and preservation thereof, the Collateral
Agent will have no duty as to any Collateral in its possession or control or in the possession
or control of any sub-agent or bailee or any income therefrom or as to the preservation of rights
against prior parties or any other rights pertaining thereto. The Collateral Agent will be deemed
to have exercised reasonable care in the custody and preservation of the Collateral in its
possession or control if such Collateral is accorded treatment substantially equal to that which it
accords its

28

 

own property, and will not be liable or responsible for any loss or damage to any
Collateral, or for any diminution in the value thereof, by reason of any act or omission of any
sub-agent or bailee selected by the Collateral Agent in good faith, except to the extent that such
liability arises from the Collateral Agent’s gross negligence or willful misconduct.

     SECTION 20. General Provisions Concerning the Collateral Agent.

     (a) The provisions of Article 9 of the Credit Agreement shall inure to the benefit of the
Collateral Agent, and shall be binding upon all Grantors and all Secured Parties, in connection
with this Agreement and the other Security Documents. Without limiting the generality of the
foregoing, (i) the Collateral Agent shall not be subject to any fiduciary or other implied duties,
regardless of whether an Event of Default has occurred and is continuing, (ii) the Collateral Agent
shall not have any duty to take any discretionary action or exercise any discretionary powers,
except discretionary rights and powers expressly contemplated by the Security Documents that the
Collateral Agent is required in writing to exercise by the Required Lenders (or such other number
or percentage of the Lenders as shall be necessary under the circumstances as provided in Section
10.02 of the Credit Agreement), and (iii) except as expressly set forth in the Credit Documents,
the Collateral Agent shall not have any duty to disclose, and shall not be liable for any failure
to disclose, any information relating to Holdings or any of its Subsidiaries that is communicated
to or obtained by the Collateral Agent or any of its Affiliates in any capacity. The Collateral
Agent shall not be responsible for the existence, genuineness or value of any Collateral or for the
validity, perfection, priority or enforceability of any Transaction Lien, whether impaired by
operation of law or by reason of any action or omission to act on its part under the Security
Documents. The Collateral Agent shall be deemed not to have knowledge of any Event of Default
unless and until written notice thereof is given to the Collateral Agent by Holdings, the Borrower
or a Secured Party.

     (b) Sub-Agents and Related Parties. The Collateral Agent may perform any of its duties and
exercise any of its rights and powers through one or more sub-agents appointed by it. The
Collateral Agent and any such sub-agent may perform any of its duties and exercise any of its
rights and powers through its Related Parties. The exculpatory provisions of Section 19 and this
Section shall apply to any such sub-agent and to the Related Parties of the Collateral Agent and
any such sub-agent, except to the extent resulting from the gross negligence or willful
misconduct of such subagent.

     (c) Information as to Obligations and Actions by Secured Parties. For all purposes of the
Security Documents, including determining the amounts of the Obligations and whether an Obligation
is a Contingent Obligation or not, or

29

 

whether any action has been taken under any Secured
Agreement, the Collateral Agent will be entitled to rely on information from (i) its own records
for information as to the Secured Parties, their Obligations and actions taken by them, (ii) any
Secured Party for information as to its Obligations and actions taken by it, to the extent that the
Collateral Agent has not obtained such information from its own records, and (iii) the Borrower, to
the extent that the Collateral Agent has not obtained information from the foregoing sources.

     (d) Refusal to Act. The Collateral Agent may refuse to act on any notice, consent, direction
or instruction from any Secured Parties or any agent, trustee or similar representative thereof
that, in the Collateral Agent’s opinion, (i) is contrary to law or the provisions of any Security
Document, (ii) may expose the Collateral Agent to liability (unless the Collateral Agent shall have
been indemnified, to its reasonable satisfaction, for such liability by the Secured Parties that
gave such notice, consent, direction or instruction) or (iii) is unduly prejudicial to Secured
Parties not joining in such notice, consent, direction or instruction.

     (e) Copies of Certain Notices. Within two Business Days after it receives or sends any notice
referred to in this subsection, the Collateral Agent shall send to the Lenders and each Secured
Party Requesting Notice, copies of any notice given by the Collateral Agent to any Grantor, or
received by it from any Grantor, pursuant to Section 15, 16, 18 or 21.

     SECTION 21. Termination of Transaction Liens; Release of Collateral. (a) The Transaction
Liens granted by each Guarantor shall terminate when its Secured Guarantee terminates in accordance
with the Credit Agreement.

     (b) The Transaction Liens shall terminate when all the Release Conditions are satisfied;
provided, that if at any time any payment of an Obligation is rescinded or must be otherwise
restored or returned upon the insolvency or receivership of the Borrower or otherwise, the
Transaction Liens shall be reinstated.

     (c) At any time before the Transaction Liens terminate, the Collateral Agent may, at the
written request of the Borrower, (i) release any Collateral (but not all or substantially all the
Collateral) with the prior written consent of the
Required Lenders or (ii) release all or substantially all the Collateral with the prior
written consent of all Lenders.

     (d) Upon any termination of a Transaction Lien or release of Collateral, the Collateral Agent
will, at the expense of the relevant Grantor, execute and deliver to such Grantor such documents as
such Grantor shall reasonably request

30

 

to evidence the termination of such Transaction Lien or the
release of such Collateral, as the case may be.

     SECTION 22. Additional Grantors. Any Subsidiary may become a party hereto by signing and
delivering to the Collateral Agent a Security Agreement Supplement, whereupon such Subsidiary shall
become a “Grantor” as defined herein.

     SECTION 23. Notices. Each notice, request or other communication given to any party
hereunder shall be given in accordance with Section 10.01 of the Credit Agreement, and in the case
of any such notice, request or other communication to a Grantor other than the Borrower, shall be
given to it in care of the Borrower.

     SECTION 24. No Implied Waivers; Remedies Not Exclusive. No failure by the Collateral Agent
or any Secured Party to exercise, and no delay in exercising and no course of dealing with respect
to, any right or remedy under any Security Document shall operate as a waiver thereof; nor shall
any single or partial exercise by the Collateral Agent or any Secured Party of any right or remedy
under any Credit Document preclude any other or further exercise thereof or the exercise of any
other right or remedy. The rights and remedies specified in the Credit Documents are cumulative
and are not exclusive of any other rights or remedies provided by law.

     SECTION 25. Successors and Assigns. This Agreement is for the benefit of the Collateral
Agent and the Secured Parties. If all or any part of any Secured Party’s interest in any
Obligation is assigned or otherwise transferred, the transferor’s rights hereunder, to the extent
applicable to the obligation so transferred, shall be automatically transferred with such
obligation. This Agreement shall be binding on the Grantors and their respective successors and
assigns.

     SECTION 26. Amendments and Waivers. Neither this Agreement nor any provision hereof may be
waived, amended, modified or terminated except pursuant to an agreement or agreements in writing
entered into by the Collateral Agent, with the consent of such Lenders as are required to consent
thereto under Section 10.02 of the Credit Agreement. No such waiver, amendment or modification
shall (i) be binding upon any Grantor, except with the written
consent of the Borrower, or (ii) affect the rights of a Secured Party (other than a Lender)
hereunder more adversely than it affects the comparable rights of the Lenders hereunder, without
the consent of such Secured Party.

     SECTION 27. Choice of Law. This Agreement shall be construed in accordance with and governed
by the laws of the State of New York, except as

31

 

otherwise required by mandatory provisions of law
and except to the extent that remedies provided by the laws of any jurisdiction other than the
State of New York are governed by the laws of such jurisdiction.

     SECTION 28. Waiver of Jury Trial. EACH PARTY HERETO WAIVES, TO THE FULLEST EXTENT PERMITTED
BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR
INDIRECTLY ARISING OUT OF OR RELATING TO ANY SECURITY DOCUMENT OR ANY TRANSACTION CONTEMPLATED
THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES
THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR
OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE
FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO
ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION.

     SECTION 29. Severability. If any provision of any Security Document is invalid or
unenforceable in any jurisdiction, then, to the fullest extent permitted by law, (i) the other
provisions of the Security Documents shall remain in full force and effect in such jurisdiction and
shall be liberally construed in favor of the Collateral Agent and the Secured Parties in order to
carry out the intentions of the parties thereto as nearly as may be possible and (ii) the
invalidity or unenforceability of such provision in such jurisdiction shall not affect the validity
or enforceability thereof in any other jurisdiction.

32

 

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by
their respective authorized officers as of the day and year first above written.

Borrower:

	 	 	 	 	 
	 	 	AMERICAN REPROGRAPHICS COMPANY, L.L.C.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer

Collateral Agent:

	 	 	 	 	 
	 	 	JPMORGAN CHASE BANK, N.A.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer

Guarantors:

	 	 	 	 	 
	 	 	AMERICAN REPROGRAPHICS COMPANY
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer

Signature page to Security Agreement

 

 

	 	 	 	 	 
	 	 	AMERICAN REPROGRAPHICS SOUTHEAST, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	A-C REPRODUCTION COMPANY
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	ARC ACQUISITION CORPORATION
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:
      Chief Executive Officer
	 
	 	 	 	 
	 	 	BLUE PRINT SERVICE COMPANY, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	BPI REPRO, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer

Signature page to Security Agreement

 

 

	 	 	 	 	 
	 	 	DUNN BLUE PRINT COMPANY
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	E.PAVILION, L.L.C.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	ENGINEERING REPRO SYSTEMS, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	FRANKLIN GRAPHICS CORPORATION
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar

Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	GEORGIA BLUE PRINT COMPANY, L.L.C.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer

Signature page to Security Agreement

 

 

	 	 	 	 	 
	 	 	LEET-MELBROOK, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	LICENSING SERVICES INTERNATIONAL, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	MBC PRECISION IMAGING, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	MCKEE ENTERPRISES, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	MIRROR PLUS TECHNOLOGIES, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer

Signature page to Security Agreement

 

 

	 	 	 	 	 
	 	 	OCB, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	OLYMPIC REPROGRAPHICS, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	PENINSULA BLUEPRINT, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	PLANWELL, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	QUALITY REPROGRAPHIC SERVICES, INC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer

Signature page to Security Agreement

 

 

	 	 	 	 	 
	 	 	REPROGRAPHICS NORTHWEST, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	RHODE ISLAND BLUEPRINT CO.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	RIDGWAY’S GP, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	RIDGWAY’S, LTD.
	 
	 	 	 	 
	 

	 	 	 	By:    Ridgway’s GP, LLC,
	 

	 	 	 	          its General Partner
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	SUBHUB, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer

Signature page to Security Agreement

 

 

	 	 	 	 	 
	 
	 	 	 	 
	 	 	THE PEIR GROUP, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	THE PEIR GROUP INTERNATIONAL, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	T-SQUARE EXPRESS, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	WESTERN BLUE PRINT COMPANY, L.L.C.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar
	 

	 	 	 	Title:       Chief Executive Officer
	 
	 	 	 	 
	 	 	WILCO REPROGRAPHICS, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kumarakulasingam Suriyakumar
	 

	 	 	 	 
	 

	 	 	 	Name:     Kumarakulasingam Suriyakumar

Title:       Chief Executive Officer

Signature page to Security Agreement

 

 

SCHEDULE 1

EQUITY INTERESTS IN SUBSIDIARIES AND AFFILIATES

OWNED BY ORIGINAL GRANTORS

(as of the Closing Date)

	 	 	 	 	 	 	 	 	 	 	 
	 	 	Jurisdiction of	 	Owner of	 	Percentage	 	# of	 	 
	Issuer	 	Organization	 	Equity Interest	 	Owned	 	Shares Owned	 	Certificate No.
	American

	 	California
	 	American
	 	100%
	 	100 
	 	4 
	Reprographics
Company, L.L.C.

	 	 	 	Reprographics

Company	 	 	 	 	 	 
	ARC Acquisition

	 	California
	 	American
	 	100%
	 	500 
	 	2 
	Corporation

	 	 	 	Reprographics
Company, L.L.C.	 	 	 	 	 	 
	ARC Reprographics
Canada Corp.

	 	British Columbia,

Canada
	 	American
Reprographics
Company.
	 	100%
	 	635 Class A Common
	 	A-4 
	E.Pavilion, L.L.C.

	 	California
	 	American
	 	60%
	 	60 
	 	3 
	 

	 	 	 	Reprographics
Company, L.L.C.	 	 	 	 	 	 
	The PEiR Group 

International, LLC

	 	California
	 	American
Reprographics
Company, L.L.C.
	 	100%
	 	N/A 
	 	N/A 
	The PEiR Group, LLC

	 	California
	 	American
Reprographics
Company, L.L.C.
	 	100%
	 	N/A 
	 	N/A 
	A-C Reproduction

	 	Pennsylvania
	 	ARC Acquisition
	 	100%
	 	80 
	 	3 
	Company

	 	 	 	Corporation	 	 	 	 	 	 
	American 

Reprographics 

Southeast, LLC

	 	North Carolina
	 	ARC Acquisition

Corporation
	 	100%
	 	N/A 
	 	N/A 
	Argo-ICC
Reprographics Ltd.

	 	Ontario, Canada
	 	ARC Acquisition

Corporation
	 	100%
	 	2 
	 	C-002 
	Blue Print Service

	 	California
	 	ARC Acquisition
	 	100%
	 	100 
	 	334 
	Company, Inc.

	 	 	 	Corporation	 	 	 	 	 	 
	BPI Repro, LLC

	 	California
	 	ARC Acquisition

Corporation
	 	100%
	 	1,105 
	 	1 & 4 
	Dunn Blue Print

	 	Michigan
	 	ARC Acquisition
	 	100%
	 	35,540 
	 	89 
	Company

	 	 	 	Corporation	 	 	 	 	 	 
	Engineering Repro

	 	Minnesota
	 	ARC Acquisition
	 	100%
	 	100 
	 	7 
	Systems, Inc.

	 	 	 	Corporation	 	 	 	 	 	 
	Franklin Graphics 

Corporation

	 	Michigan
	 	ARC Acquisition

Corporation
	 	100%
	 	10,000 
	 	4 
	Licensing Services International, LLC

	 	California
	 	ARC Acquisition

Corporation
	 	100%
	 	N/A 
	 	N/A 

S-1-1

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	Jurisdiction of	 	Owner of	 	Percentage	 	# of	 	 
	Issuer	 	Organization	 	Equity Interest	 	Owned	 	Shares Owned	 	Certificate No.
	MBC Precision
Imaging, Inc.

	 	Maryland
	 	ARC Acquisition

Corporation
	 	100%
	 	222 Class A 2,000
Class B 
	 	CA-1 and CB-1 
	McKee Enterprises,

	 	Arizona
	 	ARC Acquisition
	 	100%
	 	71,196 
	 	18 
	Inc.

	 	 	 	Corporation	 	 	 	 	 	 
	Mirror Plus

	 	California
	 	ARC Acquisition
	 	100%
	 	100,000,000 
	 	5 
	Technologies, Inc.

	 	 	 	Corporation	 	 	 	 	 	 
	OCB, LLC

	 	California
	 	ARC Acquisition

Corporation
	 	100%
	 	1,000 
	 	1 & 3 
	Olympic 

Reprographics, LLC

	 	Washington
	 	ARC Acquisition

Corporation
	 	100%
	 	N/A 
	 	N/A 
	Peninsula Blueprint,

	 	California
	 	ARC Acquisition
	 	100%
	 	558,097 
	 	8 
	Inc.

	 	 	 	Corporation	 	 	 	 	 	 
	Planwell, LLC

	 	California
	 	ARC Acquisition

Corporation
	 	100%
	 	N/A 
	 	N/A 
	Quality Reprographic

	 	Georgia
	 	ARC Acquisition
	 	100%
	 	500 
	 	3 
	Services, Inc.

	 	 	 	Corporation	 	 	 	 	 	 
	Reprographics 

Northwest, LLC

	 	California
	 	ARC Acquisition

Corporation
	 	100%
	 	1,000 
	 	1 & 3 
	Rhode Island

	 	Rhode Island
	 	ARC Acquisition
	 	100%
	 	294 
	 	6 
	Blueprint Co.

	 	 	 	Corporation	 	 	 	 	 	 
	SubHub, Inc.

	 	California
	 	ARC Acquisition
	 	100%
	 	100 
	 	1 
	 

	 	 	 	Corporation	 	 	 	 	 	 
	T-Square Express, Inc.

	 	Florida
	 	ARC Acquisition
	 	100%
	 	100 
	 	6 
	Western Blue Print 

Company, LLC

	 	Missouri
	 	ARC Acquisition

Corporation
	 	100%
	 	N/A 
	 	N/A 
	Wilco Reprographics,
Inc.

	 	Delaware
	 	ARC Acquisition

Corporation
	 	100%
	 	1,000 
	 	11 and 12
	Leet-Melbrook, Inc.

	 	Maryland
	 	Franklin Graphics
	 	100%
	 	96 
	 	25 
	 

	 	 	 	Corporation	 	 	 	 	 	 
	Georgia Blue Print
Company, L.L.C.

	 	Delaware
	 	Quality
Reprographic
Services, Inc.
	 	100%
	 	N/A 
	 	N/A 
	Ridgway’s GP, LLC

	 	Delaware
	 	Wilco
Reprographics, Inc.
	 	100%
	 	N/A 
	 	N/A 
	Ridgway’s, Ltd.

	 	Texas
	 	Ridgway’s GP, LLC
	 	1%
	 	10.78 units 
	 	N/A 
	Ridgway’s, Ltd.

	 	Texas
	 	Wilco
Reprographics, Inc.
	 	99%
	 	1057.32 units 
	 	N/A 
	American
Reprographics -
Servicios, S.A.de
C.V.

	 	Mexico
	 	American
Reprographics
Company, L.L.C.
	 	50%
	 	16,500 
	 	* 
	American
Reprographics -
Servicios, S.A.de
C.V.

	 	Mexico
	 	ARC Acquisition

Corporation
	 	50%
	 	16,500 
	 	* 
	Reprograpia Digital
de Mexico, S.A.de
C.V.

	 	Mexico
	 	American
Reprographics
Company, L.L.C.
	 	50%
	 	16,500 
	 	* 

S-1-2

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	Jurisdiction of	 	Owner of	 	Percentage	 	# of	 	 
	Issuer	 	Organization	 	Equity Interest	 	Owned	 	Shares Owned	 	Certificate No.
	Reprograpia Digital
de Mexico, S.A.de
C.V.

	 	Mexico
	 	ARC Acquisition

Corporation
	 	50%
	 	16,500 
	 	* 
	American 

Reprographics Company 

India Private Limited

	 	India
	 	ARC Acquisition

Corporation
	 	99.00098%
	 	32,499 
	 	9 

	*	 	Certificate to be delivered within 30 days of closing.

S-1-3

 

SCHEDULE 2

INVESTMENT PROPERTY

(other than Equity Interests in Subsidiaries and Affiliates)

OWNED BY ORIGINAL GRANTORS

(as of the Closing Date)

PART 1 — Securities

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Jurisdiction	 	 	 	 	 	 	 	 	 	 	 
	 	 	of	 	 	 	 	 	 	Amount	 	 	Type of	 
	Issuer	 	Organization	 	 	Owner of Securities	 	 	Owned	 	 	Security	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

PART 2 — Securities Accounts

The Original Grantors own Security Entitlements with respect to Financial Assets credited to the
following Securities Accounts:

	 	 	 	 	 
	 	 	Securities	 	 
	Owner	 	Intermediary	 	Account Number
	 
	 	 	 	 
	 
	 	 	 	 
	 
	 	 	 	 

S-2-1

 

SCHEDULE 3

EXISTING SECURED HEDGING OBLIGATIONS

ISDA Master Agreement, dated as of January 13, 2004 (as supplemented by (i) that certain instrument
dated as of March 21, 2006, with reference number LTAA1705733537.0/00641256301, in respect of an
interest rate cap; and (ii) that certain instrument dated March 21, 2006, with reference number
LTAA1705733593.0/00641256301, in respect of an interest rate floor, and as further amended,
restated, supplemented or otherwise modified through the Closing Date), by and between American
Reprographics Co., L.L.C. and Goldman Sachs Capital Markets, L.P.

S-3-1

 

EXHIBIT A

to Security Agreement

SECURITY AGREEMENT SUPPLEMENT

     SECURITY AGREEMENT SUPPLEMENT dated as of                     ,           , between [NAME OF GRANTOR] (the
“Grantor”) and JPMORGAN CHASE BANK, N.A., as Collateral Agent.

     WHEREAS, American Reprographics Company, American Reprographics Company, L.L.C., the other
Grantors party thereto and JPMorgan Chase Bank, N.A., as Collateral Agent, are parties to a
Security Agreement dated as of December     , 2007 (as heretofore amended and/or supplemented, the
“Security Agreement”) under which American Reprographics Company, L.L.C. secures certain of its
obligations (the “Obligations”) and the Guarantors party thereto secure their respective Secured
Guarantees of the Obligations;

     WHEREAS, [name of Grantor] has executed a Counterpart Agreement and become a Guarantor;
1 and

     WHEREAS, [name of Grantor] desires to become [is] a party to the Security Agreement as a
Grantor thereunder;2 and

     WHEREAS, terms defined in the Security Agreement (or whose definitions are incorporated by
reference in Section 1 of the Security Agreement) and not otherwise defined herein have, as used
herein, the respective meanings provided for therein;

     NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

     1. Grant of Transaction Liens. (a) In order to secure the its [Secured Guarantee] [the
Obligations], the Grantor grants to the Collateral Agent for the benefit of the Secured Parties a
continuing security interest in all the following property of the Grantor, whether now owned or
existing or hereafter acquired or arising and regardless of where located (the “New Collateral”):

 

			
	1	 	If the Grantor is the Borrower, delete this
recital.
	 
	2	 	If the Grantor is the Borrower, delete this
recital.

A-1

 

     [describe
property being added to the Collateral]1

     (b) With respect to each right to payment or performance included in the Collateral
from time to time, the Transaction Lien granted therein includes a continuing security
interest in (i) any Supporting Obligation that supports such payment or performance and
(ii) any Lien that (x) secures such right to payment or performance or (y) secures any
such Supporting Obligation.

     (c) The foregoing Transaction Liens are granted as security only and shall not
subject the Collateral Agent or any other Secured Party to, or transfer or in any way
affect or modify, any obligation or liability of the Grantor with respect to any of the
New Collateral or any transaction in connection therewith.

     2. Delivery of Collateral. Concurrently with delivering this Security Agreement Supplement to
the Collateral Agent, the Grantor is complying with the provisions of Section 8 of the Security
Agreement with respect to Investment Property, in each case if and to the extent included in the
New Collateral at such time.

     3. Party to Security Agreement. Upon delivering this Security Agreement Supplement to the
Collateral Agent, the Grantor will become a party to the Security Agreement and will thereafter
have all the rights and obligations of a Grantor thereunder and be bound by all the provisions
thereof as fully as if the Grantor were one of the original parties
thereto.3

     4. Representations and Warranties. (a) The Grantor is duly organized, validly existing and in
good standing under the laws of [jurisdiction of organization].

     (b) The Grantor has delivered a Perfection Certificate to the Collateral Agent. The
information set forth therein is correct and complete as of the date hereof. Within 60
days after the date hereof, the Grantor will furnish to the Collateral Agent a file search
report from each UCC filing office listed in such Perfection Certificate, showing the
filing made at such filing office to perfect the Transaction Liens on the New Collateral.

 

			
	3	 	Delete Section 4 if the Grantor is already a
party to the Security Agreement.

A-2

 

     (c) The execution and delivery of this Security Agreement Supplement by the Grantor
and the performance by it of its obligations under the Security Agreement as supplemented
hereby are within its corporate or other powers, have been duly authorized by all
necessary corporate or other action, require no action by or in respect of, or filing
with, any governmental body, agency or official and do not contravene, or constitute a
default under, any provision of applicable law or regulation or of its Organizational
Documents, or of any agreement, judgment, injunction, order, decree or other instrument
binding upon it or result in the creation or imposition of any Lien (except a Transaction
Lien) on any of its assets.

     (d) The Security Agreement as supplemented hereby constitutes a valid and binding
agreement of the Grantor, enforceable in accordance with its terms, except as limited by
(i) applicable bankruptcy, insolvency, fraudulent conveyance or other similar laws
affecting creditors’ rights generally and (ii) general principles of equity.

     (e) Each of the representations and warranties set forth in Sections 3 through 12 of
the Security Agreement is true as applied to the Grantor and the New Collateral. For
purposes of the foregoing sentence, references in said Sections to a “Grantor” shall be
deemed to refer to the Grantor, references to Schedules to the Security Agreement shall be
deemed to refer to the corresponding Schedules to this Security Agreement Supplement,
references to “Collateral” shall be deemed to refer to the New Collateral, and references
to the “Closing Date” shall be deemed to refer to the date on which the Grantor signs and
delivers this Security Agreement Supplement.

     5. [Compliance with Foreign Law. The Grantor represents that it has taken, and agrees that it
will continue to take, all actions required under the laws (including the conflict of laws rules)
of its jurisdiction of organization to ensure that the Transaction Liens on the New Collateral rank
prior to all Liens and rights of others
therein.4]

     6. Governing Law. This Security Agreement Supplement shall be construed in accordance with
and governed by the laws of the State of New York.

 

			
	4	 	Include Section 6 if the Grantor is
organized under the laws of a jurisdiction outside the United States.

A-3

 

     IN WITNESS WHEREOF, the parties hereto have caused this Security Agreement Supplement to be
duly executed by their respective authorized officers as of the day and year first above written.

	 	 	 	 	 
	 	[NAME OF GRANTOR] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A., as 

     Collateral Agent 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

A-4

 

Schedule 1

to Security Agreement

Supplement

EQUITY INTERESTS IN SUBSIDIARIES AND AFFILIATES

OWNED BY GRANTOR

	 	 	 	 	 	 	 
	 	 	Jurisdiction	 	 	 	 
	 	 	of	 	Percentage	 	Number of
	Issuer	 	Organization	 	Owned	 	Shares or Units
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 

A-5

 

Schedule 2

to Security Agreement

Supplement

INVESTMENT PROPERTY

(other than Equity Interests in Subsidiaries and Affiliates)

OWNED BY GRANTOR

PART 1 — Securities

	 	 	 	 	 	 	 
	 	 	Jurisdiction	 	 	 	 
	 	 	of	 	Amount	 	Type of
	Issuer	 	Organization	 	Owned	 	Security
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 

PART 2 — Securities Accounts

The Grantor owns Security Entitlements with respect to Financial Assets credited to the following
Securities Accounts:

	 	 	 
	Securities Intermediary	 	Account Number
	 
	 	 
	 
	 	 
	 
	 	 
	 
	 	 

A-6

 

EXHIBIT B

to Security Agreement

COPYRIGHT SECURITY AGREEMENT

(Copyrights, Copyright Registrations, Copyright

Applications and Copyright Licenses)

     WHEREAS, [name of Grantor], a                      corporation1 (herein referred to as the
“Grantor”) owns, or in the case of licenses is a party to, the Copyright Collateral (as defined
below);

     WHEREAS, American Reprographics Company, L.L.C. (the “Borrower”), American Reprographics
Company (“Holdings”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative
Agent and Collateral Agent, are parties to a Credit Agreement dated as of December___, 2007 (as
amended from time to time, the “Credit Agreement”); and

     WHEREAS, pursuant to (i) a Security Agreement dated as of December___, 2007 (as amended and/or
supplemented from time to time, the “Security Agreement”) among Holdings, the Borrower, the other
Grantors party thereto and JPMorgan Chase Bank, N.A., as Collateral Agent for the Secured Parties
referred to therein (in such capacity, together with its successors in such capacity, the
“Grantee”), and (ii) certain other Security Documents (including this Copyright Security
Agreement), the Grantor [has secured certain of its obligations (the “Obligations”)]2
[has secured its guarantee of certain obligations of the Borrower (the “Grantor’s Secured
Guarantee”)]3 by granting to the Grantee for the benefit of such Secured Parties a
continuing security interest in personal property of the Grantor, including all right, title and
interest of the Grantor in, to and under the Copyright Collateral (as defined below);

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Grantor grants to the Grantee, to secure the [Obligations] [Grantor’s
Secured Guarantee], a continuing security interest in all of the Grantor’s right, title and
interest in, to and under the

 

			
	1	 	Modify as needed if the Grantor is not a
corporation.
	 
	2	 	Delete these bracketed words if the Grantor
is a Guarantor.
	 
	3	 	Delete these bracketed words if the Grantor
is the Borrower.

B-1

 

following (all of the following items or types of property being herein collectively referred
to as the “Copyright Collateral”), whether now owned or existing or hereafter acquired or arising:

     (i) each Copyright (as defined in the Security Agreement) owned by the Grantor,
including, without limitation, each Copyright registration or application therefor
referred to in Schedule 1 hereto;

     (ii) each Copyright License (as defined in the Security Agreement) to which the
Grantor is a party; and

     (iii) all proceeds of, revenues from, and accounts and general intangibles arising
out of, the foregoing, including, without limitation, all proceeds of and revenues from
any claim by the Grantor against third parties for past, present or future infringement of
any Copyright (including, without limitation, any Copyright owned by the Grantor and
identified in Schedule 1), and all rights and benefits of the Grantor under any Copyright
License.

     The Grantor irrevocably constitutes and appoints the Grantee and any officer or agent thereof,
with full power of substitution, as its true and lawful attorney-in-fact with full power and
authority in the name of the Grantor or in the Grantee’s name, from time to time, in the Grantee’s
discretion, so long as any Event of Default shall have occurred and be continuing, to take with
respect to the Copyright Collateral any and all appropriate action which the Grantor might take
with respect to the Copyright Collateral and to execute any and all documents and instruments which
may be necessary or desirable to carry out the terms of this Copyright Security Agreement and to
accomplish the purposes hereof.

     Except to the extent expressly permitted in the Security Agreement or the Credit Agreement,
the Grantor agrees not to sell, license, exchange, assign or otherwise transfer or dispose of, or
grant any rights with respect to, or mortgage or otherwise encumber, any of the Copyright
Collateral.

     The foregoing security interest is granted in conjunction with the security interests granted
by the Grantor to the Grantee pursuant to the Security Agreement. The Grantor acknowledges and
affirms that the rights and remedies of the Grantee with respect to the security interest in the
Copyright Collateral 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.

B-2

 

     IN WITNESS WHEREOF, the Grantor has caused this Copyright Security Agreement to be duly
executed by its officer thereunto duly authorized as of the       day of                     ,      .

	 	 	 	 	 
	 	[NAME OF GRANTOR] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	Acknowledged:

JPMORGAN CHASE BANK, N.A.,

as Collateral Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

B-3

 

	 	 	 	 	 
	STATE OF

	 	 	 	     ) 
	 

	 	 	 	 
	 

	 	 	 	               ) ss.: 
	COUNTY OF

	 	 	 	     ) 
	 

	 	 	 	 

     I,                                         , a Notary Public in and for said County, in the State aforesaid, DO
HEREBY CERTIFY, that                                         ,                           of [NAME OF GRANTOR] (the
“Company”), personally known to me to be the same person whose name is subscribed to the foregoing
instrument as such                          , appeared before me this day in person and acknowledged that
(s)he signed, executed and delivered the said instrument as her/his own free and voluntary act and
as the free and voluntary act of said Company, for the uses and purposes therein set forth being
duly authorized so to do.

     GIVEN under my hand and Notarial Seal this       day of                     ,      .

	 	 	 	 	 
	[Seal]
	 	 	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 	 	 
	Signature of notary public	 	 
	My Commission expires
	 	 	 	 
	 

	 	 	 	 

B-4

 

Schedule 1

to Copyright

Security Agreement

[NAME OF GRANTOR]

COPYRIGHT REGISTRATIONS

	 	 	 	 	 	 	 
	 	 	 	 	 	 	Expiration
	Registration No.	 	Registration Date	 	Title	 	Date
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 

COPYRIGHT APPLICATIONS

	 	 	 	 	 	 	 	 	 
	Case No.	 	Serial No.	 	Country	 	Date	 	Filing Title
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 

B-5

 

EXHIBIT C

to Security Agreement

PATENT SECURITY AGREEMENT

(Patents, Patent Applications and Patent Licenses)

     WHEREAS, [name of Grantor], a                      corporation1 (herein referred to as the
“Grantor”) owns, or in the case of licenses is a party to, the Patent Collateral (as defined
below);

     WHEREAS, American Reprographics Company, L.L.C. (the “Borrower”), American Reprographics
Company (“Holdings”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative
Agent and Collateral Agent, are parties to a Credit Agreement dated as of December ___, 2007 (as
amended from time to time, the “Credit Agreement”); and

     WHEREAS, pursuant to (i) a Security Agreement dated as of December ___, 2007 (as amended and/or
supplemented from time to time, the “Security Agreement”) among Holdings, the Borrower, the other
Grantors party thereto and JPMorgan Chase Bank, N.A., as Collateral Agent for the Secured Parties
referred to therein (in such capacity, together with its successors in such capacity, the
“Grantee”), and (ii) certain other Security Documents (including this Patent Security Agreement),
the Grantor has [secured certain of its obligations (the “Obligations”)]2 [has secured
its guarantee of certain obligations of the Borrower (the “Grantor’s Secured
Guarantee”)]3 by granting to the Grantee for the benefit of such Secured Parties a
continuing security interest in personal property of the Grantor, including all right, title and
interest of the Grantor in, to and under the Patent Collateral (as defined below);

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Grantor grants to the Grantee, to secure the [Obligations] [Grantor’s
Secured Guarantee], a continuing security interest in all of the Grantor’s right, title and
interest in, to and under the following (all of the following items or types of property being
herein collectively

 

			
	1	 	Modify as needed if the Grantor is not a
corporation.
	 
	2	 	Delete these bracketed words if the Grantor
is a Guarantor.
	 
	3	 	Delete these bracketed words if the Grantor
is the Borrower.

C-1 

 

referred to as the “Patent Collateral”), whether now owned or existing or
hereafter acquired or arising:

     (i) each Patent (as defined in the Security Agreement) owned by the Grantor,
including, without limitation, each Patent referred to in Schedule 1 hereto;

     (ii) each Patent License (as defined in the Security Agreement) to which the Grantor
is a party; and

     (iii) all proceeds of and revenues from the foregoing, including, without limitation,
all proceeds of and revenues from any claim by the Grantor against third parties for past,
present or future infringement of any Patent owned by the Grantor (including, without
limitation, any Patent identified in Schedule 1 hereto) and all rights and benefits of the
Grantor under any Patent License.

     The Grantor irrevocably constitutes and appoints the Grantee and any officer or agent thereof,
with full power of substitution, as its true and lawful attorney-in-fact with full power and
authority in the name of the Grantor or in the Grantee’s name, from time to time, in the Grantee’s
discretion, so long as any Event of Default shall have occurred and be continuing, to take with
respect to the Patent Collateral any and all appropriate action which the Grantor might take with
respect to the Patent Collateral and to execute any and all documents and instruments which may be
necessary or desirable to carry out the terms of this Patent Security Agreement and to accomplish
the purposes hereof.

     Except to the extent expressly permitted in the Security Agreement or the Credit Agreement,
the Grantor agrees not to sell, license, exchange, assign or otherwise transfer or dispose of, or
grant any rights with respect to, or mortgage or otherwise encumber, any of the Patent Collateral.

     The foregoing security interest is granted in conjunction with the security interests granted
by the Grantor to the Grantee pursuant to the Security Agreement. The Grantor acknowledges and
affirms that the rights and remedies of the Grantee with respect to the security interest in the
Patent Collateral 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.

C-2 

 

     IN WITNESS WHEREOF, the Grantor has caused this Patent Security Agreement to be duly executed
by its officer thereunto duly authorized as of the       day of                     ,      .

	 	 	 	 	 
	 	[NAME OF GRANTOR] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Acknowledged:

	 	 	 	 	 
	JPMORGAN CHASE BANK, N.A.,
as Collateral Agent	 	 
	 
	 	 	 	 
	By:

	 	 
	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 

C-3 

 

	 	 	 	 	 	 	 
	STATE OF                     

	 	 	)	 	 	 
	 

	 	 	 	 	 	) ss.:
	COUNTY OF                     

	 	 	)	 	 	 

     I,                                                             , a Notary Public in and for said County, in the State aforesaid, DO
HEREBY CERTIFY, that                                                             ,                                          of [NAME OF GRANTOR] (the
“Company”), personally known to me to be the same person whose name is subscribed to the foregoing
instrument as such                                         , appeared before me this day in person and acknowledged that
(s)he signed, executed and delivered the said instrument as her/his own free and voluntary act and
as the free and voluntary act of said Company, for the uses and purposes therein set forth being
duly authorized so to do.

     GIVEN under my hand and Notarial Seal this       day of                     ,      .

[Seal]

 

                                                                                

Signature of notary public

My Commission expires                     

C-4 

 

Schedule 1

to Patent

Security Agreement

[NAME OF GRANTOR]

PATENTS AND DESIGN PATENTS

	 	 	 	 	 	 	 	 	 
	Patent No.
	 	Issued
	 	Expiration
	 	Country
	 	Title
	 
	 	 
	 	 
	 	 
	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 

PATENT APPLICATIONS

	 	 	 	 	 	 	 	 	 
	Case No.
	 	Serial No.
	 	Country
	 	Date
	 	Filing Title
	 
	 	 
	 	 
	 	 
	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 

C-5 

 

EXHIBIT D

to Security Agreement

TRADEMARK SECURITY AGREEMENT

(Trademarks, Trademark Registrations, Trademark

Applications and Trademark Licenses)

     WHEREAS, [name of Grantor], a                      corporation1 (herein referred to as the
“Grantor”) owns, or in the case of licenses is a party to, the Trademark Collateral (as defined
below);

     WHEREAS, American Reprographics Company, L.L.C. (the “Borrower”), American Reprographics
Company (“Holdings”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative
Agent and Collateral Agent, are parties to a Credit Agreement dated as of December___, 2007 (as
amended from time to time, the “Credit Agreement”); and

     WHEREAS, pursuant to (i) a Security Agreement dated as of December___, 2007 (as amended and/or
supplemented from time to time, the “Security Agreement”) among the Borrower, the other Grantors
party thereto and JPMorgan Chase Bank, N.A., as Collateral Agent for the Secured Parties referred
to therein (in such capacity, together with its successors in such capacity, the “Grantee”), and
(ii) certain other Security Documents (including this Trademark Security Agreement), the Grantor
has [secured certain of its obligations (the “Obligations”)]2 [has secured its guarantee
of certain obligations of the Borrower (the “Grantor’s Secured Guarantee”)]3 by granting
to the Grantee for the benefit of such Secured Parties a continuing security interest in personal
property of the Grantor, including all right, title and interest of the Guarantor in, to and under
the Trademark Collateral (as defined below);

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Grantor grants to the Grantee, to secure the [Obligations] [Grantor’s
Secured Guarantee], a continuing security interest in all of the Grantor’s right, title and
interest in, to and under the

 

			
	1	 	Modify as needed if the Grantor is not a
corporation.
	 
	2	 	Delete these bracketed words if the Grantor
is a Guarantor.
	 
	3	 	Delete these bracketed words if the Grantor
is the Borrower.

D-1 

 

following (all of the following items or types of property being herein collectively referred
to as the “Trademark Collateral”), whether now owned or existing or hereafter acquired or arising:

     (i) each Trademark (as defined in the Security Agreement) owned by the Grantor,
including, without limitation, each Trademark registration and application referred to in
Schedule 1 hereto, and all of the goodwill of the business connected with the use of, or
symbolized by, each Trademark (provided that no security interest shall be granted in the
United States intent-to-use trademark applications to the extent that, and solely during
the period in which, the grant of a security interest therein would impair the validity or
enforceability of such intent-to-use trademark applications under applicable federal law);

     (ii) each Trademark License (as defined in the Security Agreement) to which the
Grantor is a party, and all of the goodwill of the business connected with the use of, or
symbolized by, each Trademark licensed pursuant thereto; and

     (iii) all proceeds of and revenues from the foregoing, including, without limitation,
all proceeds of and revenues from any claim by the Grantor against third parties for past,
present or future unfair competition with, or violation of intellectual property rights in
connection with or injury to, or infringement or dilution of, any Trademark owned by the
Grantor (including, without limitation, any Trademark identified in Schedule 1 hereto),
and all rights and benefits of the Grantor under any Trademark License, or for injury to
the goodwill associated with any of the foregoing.

     The Grantor irrevocably constitutes and appoints the Grantee and any officer or agent thereof,
with full power of substitution, as its true and lawful attorney-in-fact with full power and
authority in the name of the Grantor or in the Grantee’s name, from time to time, in the Grantee’s
discretion, so long as any Event of Default shall have occurred and be continuing, to take with
respect to the Trademark Collateral any and all appropriate action which the Grantor might take
with respect to the Trademark Collateral and to execute any and all documents and instruments which
may be necessary or desirable to carry out the terms of this Trademark Security Agreement and to
accomplish the purposes hereof.

     Except to the extent expressly permitted in the Security Agreement or the Credit Agreement,
the Grantor agrees not to sell, license, exchange, assign or otherwise transfer or dispose of, or
grant any rights with respect to, or mortgage or otherwise encumber, any of the Trademark
Collateral.

D-2 

 

     The foregoing security interest is granted in conjunction with the security interests granted
by the Grantor to the Grantee pursuant to the Security Agreement. The Grantor acknowledges and
affirms that the rights and remedies of the Grantee with respect to the security interest in the
Trademark Collateral 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.

     IN WITNESS WHEREOF, the Grantor has caused this Trademark Security Agreement to be duly
executed by its officer thereunto duly authorized as of the ___day of                     , ___.

	 	 	 	 	 
	 	[NAME OF GRANTOR] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Acknowledged:

	 	 	 	 	 
	JPMORGAN CHASE BANK, N.A.,
as Collateral Agent	 	 
	 
	 	 	 	 
	By:

	 	 
	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 

D-3 

 

	 	 	 
	STATE OF                     

	 	)
	 

	 	) ss.:
	COUNTY OF                     

	 	)

     I,                                                             , a Notary Public in and for said County, in the State aforesaid, DO
HEREBY CERTIFY, that                                                             ,                                          of [NAME OF GRANTOR] (the
“Company”), personally known to me to be the same person whose name is subscribed to the foregoing
instrument as such                     , appeared before me this day in person and acknowledged that
(s)he signed, executed and delivered the said instrument as her/his own free and voluntary act and
as the free and voluntary act of said Company, for the uses and purposes therein set forth being
duly authorized so to do.

     GIVEN under my hand and Notarial Seal this ___day of                     , ___.

[Seal]

 

                                                                                

Signature of notary public

My Commission expires                     

D-4 

 

Schedule 1

to Trademark

Security Agreement

[NAME OF GRANTOR]

U.S. TRADEMARK REGISTRATIONS

	 	 	 	 	 	 	 
	TRADEMARK
	 	 
	 	REG. NO.
	 	REG. DATE
	 
	 	 	 	 
	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

U.S. TRADEMARK APPLICATIONS

	 	 	 	 	 	 	 
	TRADEMARK
	 	 
	 	REG. NO.
	 	REG. DATE
	 
	 	 	 	 
	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

D-5 

 

EXHIBIT E

to Security Agreement

PERFECTION CERTIFICATE

     The undersigned is a duly authorized officer of [NAME OF GRANTOR] (the “Grantor”). With
reference to the Security Agreement dated as of December ___, 2007 among American Reprographics
Company, American Reprographics Company, L.L.C., the other Grantors party thereto and JPMorgan
Chase Bank, N.A., as Collateral Agent (terms defined therein being used herein as therein defined),
the undersigned certifies to the Collateral Agent and each other Secured Party as follows:

     A. Information Required for Filings and Searches for Prior Filings.2

     1. Jurisdiction of Organization. The Grantor is a [corporation]3
organized under the laws of                     .

     2. Name. The exact [corporate] name of the Grantor as it appears in its [certificate
of incorporation] is as follows:

     3. Prior Names; Predecessors. (a) Set forth below is each other [corporate] name
that the Grantor has had since its organization, together with the date of the relevant
change:

     (b) Except as set forth in Schedule ___hereto, the Grantor has not changed its
corporate structure in any way within the past five years.

     (c) None of the Grantor’s Collateral was acquired from another Person within the past
five years, except

     (i) property sold to the Grantor by another Person in the ordinary course
of such other Person’s business;

     (ii) property with respect to which the Transaction Liens are to be
perfected by taking possession or control thereof;

     (iii) property acquired in transactions described in Schedule ___hereto;
and

E-1 

 

     (iv) other property having an aggregate fair market value not exceeding
$                    .

     4. Organizational ID Number. Set forth below is the Organizational Identification
Number, if any, issued by the jurisdiction of organization of the Grantor.

     5. Taxpayer ID Number. Set forth below is the Federal Taxpayer Identification Number
of the Grantor: [only necessary for filing in North Dakota and South Dakota.]

     6. Chief Executive Office. The chief executive office of the Grantor (or its place
of business if there is only one) is located at the address set forth below:

	 	 	 	 	 
	Mailing Address

	 	County
	 	State
	 

	 	 
	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	 
	 	 	 	 

     B. Search Reports.

     Attached hereto as Schedule ___is a true copy of a file search report from the central UCC
filing office in each jurisdiction identified in Part A—4 above with respect to each name set
forth in Part A—2 and Part A—3 above (searches in local filing offices, if any, are not
required). Attached hereto as Schedule ___is a true copy of each financing statement or other
filing identified in such file search reports.

     C. Absence of Certain Property.

     The Grantor does not own any assets of material value which constitute commercial tort claims,
farm products, electronic chattel paper, letter-of-credit rights which are not supporting
obligations or as-extracted collateral, as each of the foregoing terms is defined in the UCC.

     IN WITNESS WHEREOF, I have hereunto set my hand this ___day of                     , ___.

	 	 	 
	 

	 	 
	 

	 	 
	 

	 	Name:
	 

	 	Title:

E-2 

 

EXHIBIT F

to Security Agreement

ISSUER CONTROL AGREEMENT

     ISSUER CONTROL AGREEMENT dated as of                      ,                      among                                          (the “Grantor”),
JPMorgan Chase Bank, N.A., as Collateral Agent (the “Secured Party”), and                      (the “Issuer”).
All references herein to the “UCC” refer to the Uniform Commercial Code as in effect from time to
time in [Issuer’s jurisdiction of incorporation].

W I T N E S S E T H :

     WHEREAS, the Grantor is the registered holder of [specify Pledged Uncertificated Securities
issued by the Issuer] issued by the Issuer (the “Securities”);

     WHEREAS, pursuant to a Security Agreement dated as of December ___, 2007 (as such agreement may
be amended and/or supplemented from time to time, the “Security Agreement”), the Grantor has
granted to the Secured Party a continuing security interest (the “Transaction Lien”) in all right,
title and interest of the Grantor in, to and under the Securities, whether now existing or
hereafter arising; and

     WHEREAS, the parties hereto are entering into this Agreement in order to perfect the
Transaction Lien on the Securities;

     NOW, THEREFORE, the parties hereto agree as follows:

     Section 1. Nature of Securities. The Issuer confirms that (i) the Securities are
“uncertificated securities” (as defined in Section 8-102 of the UCC) and (ii) the Grantor is
registered on the books of the Issuer as the registered holder of the Securities.

     Section 2. Instructions. The Issuer agrees to comply with any “instruction” (as defined in
Section 8-102 of the UCC) originated by the Secured Party and relating to the Securities without
further consent by the Grantor or any other person. The Grantor consents to the foregoing
agreement by the Issuer.

     Section 3. Waiver of Lien; Waiver of Set-off. The Issuer waives any security interest, lien
or right of set-off that it may now have or hereafter acquire in or with respect to the Securities.
The Issuer’s obligations in respect of the

F-1 

 

Securities will not be subject to deduction, set-off or any other right in favor of any person
other than the Secured Party.

     Section 4. Choice of Law. This Agreement shall be governed by the laws of [Issuer’s
jurisdiction of incorporation].

     Section 5. Conflict with Other Agreements. There is no agreement (except this Agreement)
between the Issuer and the Grantor with respect to the Securities [except for [identify any
existing other agreements] (the “Existing Other Agreements”)]. In the event of any conflict
between this Agreement (or any portion hereof) and any other agreement [(including any Existing
Other Agreement)] between the Issuer and the Grantor with respect to the Securities, whether now
existing or hereafter entered into, the terms of this Agreement shall prevail.

     Section 6. Amendments. No amendment or modification of this Agreement or waiver of any right
hereunder shall be binding on any party hereto unless it is in writing and is signed by all the
parties hereto.

     Section 7. Notice of Adverse Claims. Except for the claims and interests of the Secured
Party and the Grantor in the Securities, the Issuer does not know of any claim to, or interest in,
the Securities. If any person asserts any lien, encumbrance or adverse claim (including any writ,
garnishment, judgment, attachment, execution or similar process) against the Securities, the Issuer
will promptly notify the Secured Party and the Grantor thereof.

     Section 8. Maintenance of Securities. In addition to, and not in lieu of, the obligation of
the Issuer to honor instructions as agreed in Section 2 hereof, the Issuer agrees as follows:

     (i) Grantor Instructions; Notice of Exclusive Control. So long as the Issuer has not
received a Notice of Exclusive Control (as defined below), the Issuer may comply with
instructions of the Grantor or any duly authorized agent of the Grantor in respect of the
Securities. After the Issuer receives a written notice from the Secured Party that it is
exercising exclusive control over the Securities (a “Notice of Exclusive Control”), the
Issuer will cease complying with instructions of the Grantor or any of its agents.

     (ii) Non-Cash Dividends and Distributions. The Issuer shall deliver to the Secured
Party all non-cash dividends, interest and other distributions paid or made upon or with
respect to the Securities or subject same to an issuer control agreement substantially in
the form of this Agreement.

F-2 

 

     (iii) Voting Rights. Until the Issuer receives a Notice of Exclusive Control, the
Grantor shall be entitled to direct the Issuer with respect to voting the Securities.

     (iv) Statements and Confirmations. The Issuer will promptly send copies of all
statements and other correspondence concerning the Securities simultaneously to each of
the Grantor and the Secured Party at their respective addresses specified in Section 11
hereof.

     (v) Tax Reporting. All items of income, gain, expense and loss recognized in respect
of the Securities shall be reported to the Internal Revenue Service and all state and
local taxing authorities under the name and taxpayer identification number of the Grantor.

     Section 9. Representations, Warranties and Covenants of the Issuer. The Issuer makes the
following representations, warranties and covenants:

     (i) This Agreement is a valid and binding agreement of the Issuer enforceable in
accordance with its terms.

     (ii) The Issuer has not entered into, and until the termination of this Agreement
will not enter into, any agreement with any other person relating to the Securities
pursuant to which it has agreed, or will agree, to comply with instructions (as defined in
Section 8-102 of the UCC) of such person. The Issuer has not entered into any other
agreement with the Grantor or the Secured Party purporting to limit or condition the
obligation of the Issuer to comply with instructions as agreed in Section 2 hereof.

     Section 10. Successors. This Agreement shall be binding upon, and shall inure to the benefit
of, the parties hereto and their respective successors and assigns.

     Section 11. Notices. Each notice, request or other communication given to any party
hereunder shall be in writing (which term includes facsimile or other electronic transmission) and
shall be effective (i) when delivered to such party at its address specified below, (ii) when sent
to such party by facsimile or other electronic transmission, addressed to it at its facsimile
number or electronic address specified below, and such party sends back an electronic confirmation
of receipt or (iii) ten days after being sent to such party by certified or registered United
States mail, addressed to it at its address specified below, with first class or airmail postage
prepaid:

     Grantor:

F-3 

 

     Secured Party:

     Issuer:

Any party may change its address, facsimile number and/or e-mail address for purposes of this
Section by giving notice of such change to the other parties in the manner specified above.

     Section 12. Termination. The rights and powers granted herein to the Secured Party (i) have
been granted in order to perfect the Transaction Lien, (ii) are powers coupled with an interest and
(iii) will not be affected by any bankruptcy of the Grantor or any lapse of time. The obligations
of the Issuer hereunder shall continue in effect until the Secured Party has notified the Issuer in
writing that the Transaction Lien has been terminated pursuant to the Security Agreement.

     Section 13. Counterparts. This Agreement may be executed in any number of counterparts, all
of which shall constitute one and the same instrument, and any party hereto may execute this
Agreement by signing and delivering one or more counterparts.

	 	 	 	 	 
	 	[NAME OF GRANTOR] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A.,
as Collateral Agent 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 

F-4 

 

	 	 	 	 	 
	 	[NAME OF ISSUER] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

F-5 

 

	 	 	 	 	 

Exhibit A

[Letterhead of Secured Party]

[Date]

[Name and Address of Issuer]

Attention:                                                                                 

          Re: Notice of Exclusive Control

Ladies and Gentlemen:

     As referenced in the Issuer Control Agreement dated as of ___, ___among [name of
Grantor], us and you (a copy of which is attached), we notify you that we will hereafter exercise
exclusive control over [specify Pledged Uncertificated Securities] registered in the name of [name
of Grantor] (the “Securities”). You are instructed not to accept any directions or instructions
with respect to the Securities from any person other than the undersigned unless otherwise ordered
by a court of competent jurisdiction.

     You are instructed to deliver a copy of this notice by facsimile transmission to [name of
Grantor].

	 	 	 	 	 
	 	Very truly yours,

JPMORGAN CHASE BANK, N.A.,
as Collateral Agent 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

cc: [name of Grantor]

F-6 

 

EXHIBIT G

to Security Agreement

SECURITIES ACCOUNT CONTROL AGREEMENT

     SECURITIES ACCOUNT CONTROL AGREEMENT dated as of ______, ___among _________(the
“Grantor”), JPMORGAN CHASE BANK, N.A., as Collateral Agent (the “Secured Party”), and _________
(the “Securities Intermediary”). All references herein to the “UCC” refer to the Uniform
Commercial Code as in effect from time to time in the State of New York. Terms defined in the UCC
have the same meanings when used herein.

W I T N E S S E T H :

WHEREAS, the Grantor is the entitlement holder with respect to the Account (as defined below);

     WHEREAS, pursuant to a Security Agreement dated as of December___, 2007 (as such agreement may
be amended and/or supplemented from time to time, the “Security Agreement”), the Grantor has
granted to the Secured Party a continuing security interest (the “Transaction Lien”) in all right,
title and interest of the Grantor in, to and under the Account, all financial assets credited
thereto and all security entitlements in respect thereof, whether now owned or existing or
hereafter acquired or arising; and

     WHEREAS, the parties hereto are entering into this Agreement in order to perfect the
Transaction Lien on the Account, all financial assets from time to time credited thereto and all
security entitlements in respect thereof;

     NOW, THEREFORE, the parties hereto agree as follows:

     Section 1. Establishment of Account. The Securities Intermediary confirms that:

     (i) the Securities Intermediary has established account number [identify account
number] in the name of “[name of Grantor]” (such account and any successor account, the
“Account”),

     (ii) the Account is a “securities account” as defined in Section 8-501 of the UCC,

G-1

 

     (iii) the Securities Intermediary is acting as a “securities intermediary” (as
defined in Section 8-102 of the UCC) in respect of the Account,

     (iv) the Securities Intermediary shall, subject to the terms of this Agreement, treat
the Grantor as entitled to exercise the rights that comprise all financial assets from
time to time credited to the Account,

     (v) all property delivered to the Securities Intermediary by or on behalf of the
Grantor will be promptly credited to the Account, and

     (vi) all financial assets (except cash) credited to the Account will be registered in
the name of the Securities Intermediary, indorsed to the Securities Intermediary or in
blank or credited to another securities account maintained in the name of the Securities
Intermediary and in no case will any financial asset credited to the Account be registered
in the name of the Grantor, payable to the order of the Grantor or specially indorsed to
the Grantor unless such financial asset has been further indorsed to the Securities
Intermediary or in blank.

     Section 2. “Financial Assets” Election. The parties hereto agree that each item of property
(whether investment property, financial asset, security, instrument, cash or other property)
credited to the Account shall be treated as a “financial asset” within the meaning of Sections
8-102(a)(9) and 8-103 of the UCC.

     Section 3. Entitlement Orders. The Securities Intermediary agrees to comply with any
“entitlement order” (as defined in Section 8-102 of the UCC) originated by the Secured Party and
relating to the Account or any financial asset credited thereto without further consent by the
Grantor or any other person. The Grantor consents to the foregoing agreement by the Securities
Intermediary.

     Section 4. Waiver of Lien; Waiver of Set-off. The Securities Intermediary waives any
security interest, lien or right to make deductions or setoffs that it may now have or hereafter
acquire in or with respect to the Account, any financial asset credited thereto or any security
entitlement in respect thereof. Neither the financial assets credited to the Account nor the
security entitlements in respect thereof will be subject to deduction, set-off, banker’s lien, or
any other right in favor of any person other than the Secured Party (except that the Securities
Intermediary may set off (i) all amounts due to it in respect of its customary fees and expenses
for the routine maintenance and operation of the Account and (ii) the face amount of any checks
that have been credited to the Account but are subsequently returned unpaid because of uncollected
or insufficient funds).

G-2

 

     Section 5. Choice of Law. This Agreement shall be construed in accordance with and governed
by the laws of the State of New York. The State of New York shall be deemed to be the Securities
Intermediary’s jurisdiction for purposes of the UCC (including, without limitation, Section 8-110
thereof).

     Section 6. Conflict with Other Agreements. There is no agreement (except this Agreement)
between the Securities Intermediary and the Grantor with respect to the Account [except for
[identify any existing other agreements] (the “Existing Other Agreements”)]. In the event of any
conflict between this Agreement (or any portion hereof) and any other agreement [(including any
Existing Other Agreement)] between the Securities Intermediary and the Grantor with respect to the
Account, whether now existing or hereafter entered into, the terms of this Agreement shall prevail.
If any Existing Other Agreement does not specify that it is governed by the laws of the
jurisdiction specified in Section 5, such Existing Other Agreement is hereby amended to specify
that it is governed by the laws of the jurisdiction specified in Section 5.

     Section 7. Amendments. No amendment or modification of this Agreement or waiver of any right
hereunder shall be binding on any party hereto unless it is in writing and is signed by all the
parties hereto.

     Section 8. Notice of Adverse Claims. Except for the claims and interests of the Secured
Party and the Grantor, the Securities Intermediary does not know of any claim to, or interest in,
the Account, any financial asset credited thereto or any security entitlement in respect thereof.
If any person asserts any lien, encumbrance or adverse claim (including any writ, garnishment,
judgment, attachment, execution or similar process) against the Account, any financial asset
credited thereto or any security entitlement in respect thereof, the Securities Intermediary will
promptly notify the Secured Party and the Grantor thereof.

     Section 9. Maintenance of Account. In addition to, and not in lieu of, the obligation of the
Securities Intermediary to honor entitlement orders as agreed in Section 3 hereof, the Securities
Intermediary agrees to maintain the Account as follows:

     (i) Grantor Entitlement Orders; Notice of Exclusive Control. So long as the
Securities Intermediary has not received a Notice of Exclusive Control (as defined below),
the Securities Intermediary may, subject to paragraph (iii) below, comply with entitlement
orders of the Grantor or any duly authorized agent of the Grantor in respect of the
Account and any or all financial assets credited thereto. After the Securities
Intermediary receives a written notice from the Secured Party that is exercising exclusive
control over the Account (a “Notice of

G-3

 

Exclusive Control”), the Securities Intermediary will cease complying with
entitlement orders of the Grantor or any of its agents.

     (ii) Voting Rights. Until the Securities Intermediary receives a Notice of Exclusive
Control, the Grantor shall be entitled to direct the Securities Intermediary with respect
to the voting of any financial assets credited to the Account.

     (iii) Permitted Investments. Until the Securities Intermediary receives a Notice of
Exclusive Control, the Grantor shall be entitled to direct the Securities Intermediary
with respect to the selection of investments to be made and credited to the Account.

     (iv) Statements and Confirmations. The Securities Intermediary will promptly send
copies of all statements, confirmations and other correspondence concerning the Account
and/or any financial assets credited thereto simultaneously to each of the Grantors and
the Secured Party at their respective addresses specified in Section 12 hereof.

     (v) Tax Reporting. All items of income, gain, expense and loss recognized in the
Account or in respect of any financial assets credited thereto shall be reported to the
Internal Revenue Service and all state and local taxing authorities under the name and
taxpayer identification number of the Grantor.

     Section 10. Representations, Warranties and Covenants of the Securities Intermediary. The
Securities Intermediary makes the following representations, warranties and covenants:

     (i) The Account has been established as set forth in Section 1 above and will be
maintained in the manner set forth herein until this Agreement is terminated. The
Securities Intermediary will not change the name or account number of the Account without
the prior written consent of the Secured Party.

     (ii) No financial asset credited to the Account is or will be registered in the name
of the Grantor, payable to the order of the Grantor, or specially indorsed to the Grantor,
unless such financial asset has been further indorsed by the Grantor to the Securities
Intermediary or in blank.

     (iii) This Agreement is a valid and binding agreement of the Securities Intermediary
enforceable in accordance with its terms.

     (iv) The Securities Intermediary has not entered into, and until the termination of
this Agreement will not enter into, any agreement with

G-4

 

any person (other than the Secured Party) relating to the Account and/or any
financial asset credited thereto pursuant to which it has agreed, or will agree, to comply
with entitlement orders of such person. The Securities Intermediary has not entered into
any other agreement with the Grantor or the Secured Party purporting to limit or condition
the obligation of the Securities Intermediary to comply with entitlement orders as agreed
in Section 3 hereof.

     Section 11. Successors. This Agreement shall be binding upon, and shall inure to the benefit
of, the parties hereto and their respective successors and assigns.

     Section 12. Notices. Each notice, request or other communication given to any party
hereunder shall be in writing (which term includes facsimile or other electronic transmission) and
shall be effective (i) when delivered to such party at its address specified below, (ii) when sent
to such party by facsimile or other electronic transmission, addressed to it at its facsimile
number or electronic address specified below, and such party sends back an electronic confirmation
of receipt or (iii) ten days after being sent to such party by certified or registered United
States mail, addressed to it at its address specified below, with first class or airmail postage
prepaid:

     Grantor:

     Secured Party:

     Securities Intermediary:

Any party may change its address, facsimile number and/or e-mail address for purposes of this
Section by giving notice of such change to the other parties in the manner specified above.

     Section 13. Termination. The rights and powers granted herein to the Secured Party (i) have
been granted in order to perfect the Transaction Lien, (ii) are powers coupled with an interest and
(iii) will not be affected by any bankruptcy of the Grantor or any lapse of time. The obligations
of the Securities Intermediary hereunder shall continue in effect until the Secured Party has
notified the Securities Intermediary in writing that the Transaction Lien has been terminated
pursuant to the terms of the Security Agreement.

G-5

 

	 	 	 	 	 
	 	[NAME OF GRANTOR] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	JPMORGAN CHASE BANK, N.A., 

as Collateral Agent 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	[NAME OF SECURITIES 

INTERMEDIARY] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

G-6

 

Exhibit A

[Letterhead of Secured Party]

[Date]

[Name and Address of Securities Intermediary]

			
	Attention:	 	
 

Re: Notice of Exclusive Control

     Ladies and Gentlemen:

     As referenced in the Securities Account Control Agreement dated as of _________, ___among [name
of Grantor], us and you (a copy of which is attached), we notify you that we will hereafter
exercise exclusive control over securities account number _________(the “Account”), all financial
assets from time to time credited thereto and all security entitlements in respect thereof. You
are instructed not to accept any directions, instructions or entitlement orders with respect to the
Account or the financial assets credited thereto from any person other than the undersigned unless
otherwise ordered by a court of competent jurisdiction.

     You are instructed to deliver a copy of this notice by facsimile transmission to [name of
Grantor].

Very truly yours,

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A., 

as Collateral Agent 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

cc: [name of Grantor]

G-7

 

Exhibit H

DEPOSIT ACCOUNT CONTROL AGREEMENT

     DEPOSIT ACCOUNT CONTROL AGREEMENT dated as of _________, ___among _________(the
“Grantor”), JPMORGAN CHASE BANK, N.A., as Collateral Agent (the “Secured Party”), and _________
(the “Bank”). All references herein to the “UCC” refer to the Uniform Commercial Code as in effect
from time to time in the State of New York. Terms defined in the UCC have the same meanings when
used herein.

W I T N E S S E T H :

     WHEREAS, the Grantor is the Bank’s customer (as defined in Section 4-104(1)(e) of the UCC)
with respect to the Account (as defined below);

     WHEREAS, pursuant to a Security Agreement dated as of December___, 2007 (as such agreement may
be amended and/or supplemented from time to time, the “Security Agreement”), the Grantor has
granted to the Secured Party a continuing security interest (the “Transaction Lien”) in all right,
title and interest of the Grantor in, to and under the Account; and

     WHEREAS, the parties hereto are entering into this Agreement in order to perfect the
Transaction Lien on the Account and any and all funds or deposits from time to time held therein or
credited thereto, whether now owned or existing or hereafter acquired or arising;

     NOW, THEREFORE, the parties hereto agree as follows:

     Section 1. Establishment of Account. The Bank confirms that:

     (i) the Bank has established account number [identify account number] in the name of
“[name of Grantor]” (such account and any successor account, the “Account”);

     (ii) the Account is a “deposit account” as defined in Section 9-102(a)(29) of the
UCC; and

     (iii) the Bank is a “bank” (as defined in section 9-102 of the UCC) and is acting in
such capacity in respect of the Account.

     Section 2. Instructions. The Grantor, the Secured Party and the Bank agree that the Bank
will comply with (i) any instruction originated by the Secured Party directing disposition of funds
in the Account and (ii) any other instruction

H-1

 

from the Secured Party in respect of the Account, in each case without further consent by the
Grantor or any other person.

     Section 3. Waiver of Lien; Waiver of Set-off. The Bank waives any security interest, lien or
right to make deductions or setoffs that it may now have or hereafter acquire in or with respect to
the Account or any or all funds or deposits from time to time held therein or credited thereto. No
amounts credited to the Account will be subject to deduction, set-off, banker’s lien, or any other
right in favor of any person other than the Secured Party (except that the Bank may set off (i) all
amounts due to it in respect of its customary fees and expenses for the routine maintenance and
operation of the Account and (ii) the face amount of any checks that have been credited to the
Account but are subsequently returned unpaid because of uncollected or insufficient funds).

     Section 4. Choice of Law. This Agreement shall be construed in accordance with and governed
by the laws of the State of New York. The State of New York shall be deemed to be the bank’s
jurisdiction (as defined in Section 9-304 of the UCC) with respect to the Account.

     Section 5. Conflict with Other Agreements. There is no agreement (except this Agreement)
between the Bank and the Grantor with respect to the Account [except for [identify any existing
other agreements] (the “Existing Other Agreements”)]. In the event of any conflict between this
Agreement (or any portion hereof) and any other agreement [(including any Existing Other
Agreement)] between the Bank and the Grantor with respect to the Account or any or all funds or
deposits from time to time held therein or credited thereto, whether now existing or hereafter
entered into, the terms of this Agreement shall prevail. If any Existing Other Agreement does not
specify that it is governed by the laws of the jurisdiction specified in Section 4, such Existing
Other Agreement is hereby amended to specify that it is governed by the laws of the jurisdiction
specified in Section 4.

     Section 6. Amendments. No amendment or modification of this Agreement or waiver of any right
hereunder shall be binding on any party hereto unless it is in writing and is signed by all the
parties hereto.

     Section 7. Notice of Adverse Claims. Except for the claims and interests of the Secured
Party and the Grantor, the Bank does not know of any claim to, or interest in, the Account or any
or all funds or deposits held therein or credited thereto. If any person asserts any lien,
encumbrance or adverse claim (including any writ, garnishment, judgment, attachment, execution or
similar process) against the Account or any or all funds or deposits held therein or credited
thereto, the Bank will promptly notify the Secured Party and the Grantor thereof.

H-2

 

     Section 8. Maintenance of Account. In addition to, and not in lieu of, the obligation of the
Bank to honor instructions originated by the Secured Party as agreed in Section 2 hereof, the Bank
agrees to maintain the Account as follows:

     (i) Grantor Entitlement Orders; Notice of Exclusive Control. So long as the Bank has
not received a Notice of Exclusive Control (as defined below), the Bank may comply with
instructions originated by the Grantor or any duly authorized agent of the Grantor in
respect of the Account and any or all funds or deposits held therein or credited thereto.
After the Bank receives a written notice from the Secured Party that it is exercising
exclusive control over the Account (a “Notice of Exclusive Control”), the Bank will cease
complying with instructions originated by the Grantor or any of its agents.

     (ii) Statements. The Bank will promptly send copies of all statements and other
correspondence concerning the Account simultaneously to each of the Grantor and the
Secured Party at their respective addresses specified in Section 11 hereof.

     (iii) Tax Reporting. All items of income, gain, expense and loss recognized in the
Account or in respect of any funds or deposits held therein or credited thereto shall be
reported to the Internal Revenue Service and all state and local taxing authorities under
the name and taxpayer identification number of the Grantor.

     Section 9. Representations, Warranties and Covenants of the Bank. The Bank makes the
following representations, warranties and covenants:

     (i) The Account has been established as set forth in Section 1 above and will be
maintained in the manner set forth herein until this Agreement is terminated. The Bank
will not change the name or account number of the Account without the prior written
consent of the Secured Party.

     (ii) Neither the Account nor any funds or deposits at any time held therein or
credited thereto is or will be evidenced by any instrument (as defined in Section 9-102 of
the UCC) or constitutes or will constitute investment property (as defined in Section
9-102 of the UCC)

     (iii) This Agreement is a valid and binding agreement of the Bank enforceable in
accordance with its terms.

     (iv) The Bank has not entered into, and until the termination of this Agreement will
not enter into, any agreement with any person (other

H-3

 

than the Secured Party) relating to the Account and/or any funds or deposits held
therein or credited thereto pursuant to which it has agreed, or will agree, to comply with
instructions of such person. The Bank has not entered into any other agreement with the
Grantor or the Secured Party purporting to limit or condition the obligation of the Bank
to comply with instructions originated by the Secured Party as agreed in Section 2 hereof.

     Section 10. Successors. This Agreement shall be binding upon, and shall inure to the benefit
of, the parties hereto and their respective successors and assigns.

     Section 11. Notices. Each notice, request or other communication given to any party
hereunder shall be in writing (which term includes facsimile or other electronic transmission) and
shall be effective (i) when delivered to such party at its address specified below, (ii) when sent
to such party by facsimile or other electronic transmission, addressed to it at its facsimile
number or electronic address specified below, and such party sends back an electronic confirmation
of receipt or (iii) ten days after being sent to such party by certified or registered United
States mail, addressed to it at its address specified below, with first class or airmail postage
prepaid:

     Grantor:

     Secured Party:

     Bank:

     Any party may change its address, facsimile number and/or e-mail address for purposes of this
Section by giving notice of such change to the other parties in the manner specified above.

     Section 12. Termination. The rights and powers granted herein to the Secured Party (i) have
been granted in order to perfect the Transaction Lien, (ii) are powers coupled with an interest and
(iii) will not be affected by any bankruptcy of the Grantor or any lapse of time. The obligations
of the Bank hereunder shall continue in effect until the Secured Party has notified the Bank in
writing that the Transaction Lien has been terminated pursuant to the terms of the Security
Agreement.

H-4

 

	 	 	 	 	 
	 	[NAME OF GRANTOR] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	JPMORGAN CHASE BANK, N.A., 

as Collateral Agent 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	[NAME OF BANK] 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

H-5

 

Exhibit A

[Letterhead of Secured Party]

[Date]

[Name and Address of Bank]

			
	Attention:	 	
 

Re: Notice of Exclusive Control

     Ladies and Gentlemen:

     As referenced in the Deposit Account Control Agreement dated as of _________, ___among [name of
Grantor], us and you (a copy of which is attached), we notify you that we will hereafter exercise
exclusive control over deposit account number _________(the “Account”) and all funds and deposits
from time to time held therein or credited thereto. You are instructed not to accept any
directions or instructions with respect to the Account or the funds or deposits held therein or
credited thereto from any person other than the undersigned unless otherwise ordered by a court of
competent jurisdiction.

     You are instructed to deliver a copy of this notice by facsimile transmission to [name of
Grantor].

Very truly yours,

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A., 

as Collateral Agent 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

cc: [name of Grantor]

H-6

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