Document:

Intercreditor Joinder - Equipment, Inc.

 Exhibit 10.14a 
 INTERCREDITOR JOINDER 
 The undersigned, EQUIPMENT, INC., a company incorporated in Texas, hereby
agrees to become party as a Term Guarantor and a Revolving Guarantor under the Intercreditor Agreement dated as of May 11, 2007 (as amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor
Agreement”), by and among (1) EDGEN MERGER CO., a Nevada corporation (the “US Term Borrower”) which will be merged with and into the US Borrower (as defined below) upon closing of the transactions contemplated by the
Term Loan Credit Agreements (as defined below), (2) EDGEN MURRAY CAYMAN CORPORATION, a Cayman Islands exempted company (the “Cayman Term Borrower”), (3) EDGEN MURRAY CANADA INC., an Alberta company (the “Canadian
Revolving Borrower”), (4) EDGEN MURRAY CORPORATION, a Nevada corporation (the “US Borrower”), (5) EDGEN MURRAY EUROPE LIMITED, a company organized under the laws of England and Wales, (the “UK Revolving
Borrower” and together with the US Borrower, the US Term Borrower, the Cayman Term Borrower and the Canadian Revolving Borrower, collectively, the “Borrowers”), (6) EDGEN MURRAY II, L.P., a Delaware limited partnership
(“Holdings”), (7) Holdings and certain subsidiaries of Holdings as guarantors pursuant to the First Lien Term Loan Credit Agreement (as defined below), which subsidiaries include the U.K. Revolving Borrower in its
capacity as a guarantor of the Term Loan Obligations (as defined below) (the “First Lien Term Guarantors”) and the Second Lien Term Loan Credit Agreement (as defined below) (the “Second Lien Term Guarantors”
together with the First Lien Term Guarantors, the “Term Guarantors”), (8) Holdings and certain subsidiaries of Holdings as guarantors pursuant to the Revolving Credit Agreement (as defined below), which subsidiaries include the
Cayman Term Borrower in its capacity as a guarantor of the Revolving Credit Obligations (as defined below) (the “Revolving Guarantors”, together with the Term Guarantors, the “Subsidiary Guarantors”, and, together
with Holdings, the “Guarantors”), (9) JPMORGAN CHASE BANK, N.A., in its capacity as collateral agent for the Revolving Credit Obligations (“U.S. Revolving Collateral Agent”), (10) JPMORGAN CHASE BANK,
N.A., TORONTO BRANCH as Canadian collateral agent for the Revolving Credit Obligations (“Canadian Revolving Collateral Agent”), (11) J.P. MORGAN EUROPE LIMITED, as U.K. collateral agent for the Revolving Credit Obligations
(“U.K. Revolving Collateral Agent”, and together with U.S. Revolving Collateral Agent, Canadian Revolving Collateral Agent, and any other agents appointed under the Revolving Credit Agreement that bind themselves to the terms of
this agreement in a writing reasonably acceptable to the other parties to this agreement and delivered to such other parties and, in each case, their respective successors and assigns from time to time, the “Revolving Credit Collateral
Agents”), (12) JPMORGAN CHASE BANK, N.A., in its capacity as U.S. administrative agent for the Revolving Credit Obligations (“U.S. Revolving Administrative Agent”), (13) JPMORGAN CHASE BANK, N.A., TORONTO BRANCH
as Canadian administrative agent for the Revolving Credit Obligations (“Canadian Revolving Administrative Agent”), (14) J.P. MORGAN EUROPE LIMITED, as U.K. administrative agent for the Revolving Credit Obligations
(“U.K. Revolving Administrative Agent”, and together with U.S. Revolving Administrative Agent and Canadian Revolving Administrative Agent and their respective successors and assigns from time to time, the “Revolving Credit
Administrative Agents”), (15) LEHMAN COMMERCIAL PAPER INC., in its capacity as collateral agent (including, in its capacity as UK security trustee and agent) for the First Lien Term Loan Obligations (as defined below) (including its
successors and assigns from time to time, the “First Lien Term Loan Collateral Agent”), (16) LEHMAN COMMERCIAL PAPER INC., in its capacity as administrative agent for the First Lien Term Loan Obligations (including its
successors and assigns from time to time, the “First Lien Term Loan Administrative Agent”), (17) LEHMAN COMMERCIAL PAPER INC., in its capacity as collateral agent for the Second Lien Term Loan Obligations (as defined below)
(including its successors and assigns from time to time, the “Second Lien Term Loan Collateral Agent,” and together with the First Lien Term Loan Collateral Agent, collectively, the “Term Loan Collateral Agent”) and
(18) LEHMAN COMMERCIAL PAPER INC., in its capacity as administrative agent for the Second Lien Term Loan Obligations (including its successors 

 
and assigns from time to time, the “Second Lien Term Loan Administrative Agent,” and together with the First Lien Term Loan Administrative
Agent, collectively, the “Term Loan Administrative Agent”), for all purposes thereof on the terms set forth therein, and to be bound by the terms of said Intercreditor Agreement as fully as if the undersigned had executed and
delivered said Intercreditor Agreement as of the date thereof. 
 THIS INTERCREDITOR JOINDER AND THE RIGHTS AND OBLIGATIONS
OF THE PARTIES UNDER THIS INTERCREDITOR JOINDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

 IN WITNESS WHEREOF, the undersigned has executed and delivered this Joinder as of
September 21, 2007. 
  

					
	 EQUIPMENT, INC.

		
	 By:
	 	 /s/ David L. Laxton, III

		 	 Name:
	 	 David L. Laxton, III

		 	 Title:
	 	 Vice President and Secretary

 ACKNOWLEDGED AND AGREED: 
  

			
	 LEHMAN COMMERCIAL PAPER INC., as First Lien Term Loan Collateral Agent and

First Lien Term Loan Administrative Agent

			
		
	 By:
	 	 /s/ Jeff Ogden

			
	 Name:
	 	 Jeff Ogden

	 Title:
	 	 Managing Director

	
	 LEHMAN COMMERCIAL PAPER INC.,
 as First Lien Term Loan Collateral Agent and
 First Lien Term Loan Administrative Agent

			
		
	 By:
	 	 /s/ Jeff Ogden

			
	 Name:
	 	 Jeff Ogden

	 Title:
	 	 Managing Director

			
	 JPMORGAN CHASE BANK, N.A.,
 U.S. Revolving
Collateral Agent and
 U.S. Revolving Administration Agent

			
		
	By:	 	 /s/ Timothy J. Whitefoot

			
	Name:	 	Timothy J. Whitefoot
	Title:	 	Vice President
	
	 JPMORGAN CHASE BANK, N.A., TORONTO BRANCH, Canadian Revolving Collateral Agent and
 Canadian Revolving Administrative Agent and

			
		
	By:	 	 /s/ Barry Walsh

			
	Name:	 	Barry Walsh
	Title:	 	Vice President
	
	 J.P. MORGAN EUROPE LIMITED,
 U.K. Revolving
Collateral Agent and
 U.K. Revolving Administrative Agent and

			
		
	By:	 	 /s/ Tim Jacob

			
	Name:	 	Tim Jacob
	Title:	 	Senior Vice PresidentIntercreditor Joinder - Equipment Valve & Supply

 Exhibit 10.14b 
 INTERCREDITOR JOINDER 
 The undersigned, EQUIPMENT VALVE & SUPPLY, INC., a company
incorporated in Texas, hereby agrees to become party as a Term Guarantor and a Revolving Guarantor under the Intercreditor Agreement dated as of May 11, 2007 (as amended, restated, supplemented or otherwise modified from time to time, the
“Intercreditor Agreement”), by and among (1) EDGEN MERGER CO., a Nevada corporation (the “US Term Borrower”) which will be merged with and into the US Borrower (as defined below) upon closing of the
transactions contemplated by the Term Loan Credit Agreements (as defined below), (2) EDGEN MURRAY CAYMAN CORPORATION, a Cayman Islands exempted company (the “Cayman Term Borrower”), (3) EDGEN MURRAY CANADA INC., an Alberta
company (the “Canadian Revolving Borrower”), (4) EDGEN MURRAY CORPORATION, a Nevada corporation (the “US Borrower”), (5) EDGEN MURRAY EUROPE LIMITED, a company organized under the laws of England and
Wales, (the “UK Revolving Borrower” and together with the US Borrower, the US Term Borrower, the Cayman Term Borrower and the Canadian Revolving Borrower, collectively, the “Borrowers”), (6) EDGEN MURRAY II,
L.P., a Delaware limited partnership (“Holdings”), (7) Holdings and certain subsidiaries of Holdings as guarantors pursuant to the First Lien Term Loan Credit Agreement (as defined below), which subsidiaries include the
U.K. Revolving Borrower in its capacity as a guarantor of the Term Loan Obligations (as defined below) (the “First Lien Term Guarantors”) and the Second Lien Term Loan Credit Agreement (as defined below) (the “Second Lien
Term Guarantors” together with the First Lien Term Guarantors, the “Term Guarantors”), (8) Holdings and certain subsidiaries of Holdings as guarantors pursuant to the Revolving Credit Agreement (as defined below),
which subsidiaries include the Cayman Term Borrower in its capacity as a guarantor of the Revolving Credit Obligations (as defined below) (the “Revolving Guarantors”, together with the Term Guarantors, the “Subsidiary
Guarantors”, and, together with Holdings, the “Guarantors”), (9) JPMORGAN CHASE BANK, N.A., in its capacity as collateral agent for the Revolving Credit Obligations (“U.S. Revolving Collateral Agent”),
(10) JPMORGAN CHASE BANK, N.A., TORONTO BRANCH as Canadian collateral agent for the Revolving Credit Obligations (“Canadian Revolving Collateral Agent”), (11) J.P. MORGAN EUROPE LIMITED, as U.K. collateral agent for the
Revolving Credit Obligations (“U.K. Revolving Collateral Agent”, and together with U.S. Revolving Collateral Agent, Canadian Revolving Collateral Agent, and any other agents appointed under the Revolving Credit Agreement that bind
themselves to the terms of this agreement in a writing reasonably acceptable to the other parties to this agreement and delivered to such other parties and, in each case, their respective successors and assigns from time to time, the
“Revolving Credit Collateral Agents”), (12) JPMORGAN CHASE BANK, N.A., in its capacity as U.S. administrative agent for the Revolving Credit Obligations (“U.S. Revolving Administrative Agent”),
(13) JPMORGAN CHASE BANK, N.A., TORONTO BRANCH as Canadian administrative agent for the Revolving Credit Obligations (“Canadian Revolving Administrative Agent”), (14) J.P. MORGAN EUROPE LIMITED, as U.K. administrative
agent for the Revolving Credit Obligations (“U.K. Revolving Administrative Agent”, and together with U.S. Revolving Administrative Agent and Canadian Revolving Administrative Agent and their respective successors and assigns from
time to time, the “Revolving Credit Administrative Agents”), (15) LEHMAN COMMERCIAL PAPER INC., in its capacity as collateral agent (including, in its capacity as UK security trustee and agent) for the First Lien Term Loan
Obligations (as defined below) (including its successors and assigns from time to time, the “First Lien Term Loan Collateral Agent”), (16) LEHMAN COMMERCIAL PAPER INC., in its capacity as administrative agent for the First Lien
Term Loan Obligations (including its successors and assigns from time to time, the “First Lien Term Loan Administrative Agent”), (17) LEHMAN COMMERCIAL PAPER INC., in its capacity as collateral agent for the Second Lien Term
Loan Obligations (as defined below) (including its successors and assigns from time to time, the “Second Lien Term Loan Collateral Agent,” and together with the First Lien Term Loan Collateral Agent, collectively, the “Term
Loan Collateral Agent”) and (18) LEHMAN COMMERCIAL PAPER INC., in its capacity as administrative agent for the Second Lien Term Loan 

 
Obligations (including its successors and assigns from time to time, the “Second Lien Term Loan Administrative Agent,” and together with the
First Lien Term Loan Administrative Agent, collectively, the “Term Loan Administrative Agent”), for all purposes thereof on the terms set forth therein, and to be bound by the terms of said Intercreditor Agreement as fully as if the
undersigned had executed and delivered said Intercreditor Agreement as of the date thereof. 
 THIS INTERCREDITOR JOINDER AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES UNDER THIS INTERCREDITOR JOINDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

 IN WITNESS WHEREOF, the undersigned has executed and delivered this Joinder as of September 21,
2007. 
  

					
	EQUIPMENT VALVE & SUPPLY, INC.
		
	By:	 	 /s/ David L. Laxton, III

		 	Name:	 	David L. Laxton, III
		 	Title:	 	Vice President and Secretary

 ACKNOWLEDGED AND AGREED: 
  

			
	 LEHMAN COMMERCIAL PAPER INC.,
 as First Lien Term Loan Collateral Agent and
 First Lien Term Loan Administrative Agent

		
	By:	 	 /s/ Jeff Ogden

	Name:	 	Jeff Ogden
	Title:	 	Managing Director
	
	 LEHMAN COMMERCIAL PAPER INC.,
 as First Lien Term Loan Collateral Agent and
 First Lien Term Loan Administrative Agent

		
	By:	 	 /s/ Jeff Ogden

	Name:	 	Jeff Ogden
	Title:	 	Managing Director

			
	JPMORGAN CHASE BANK, N.A.,
	U.S. Revolving Collateral Agent and
	U.S. Revolving Administration Agent
		
	By:	 	 /s/ Timothy J. Whitefoot

	Name:	 	Timothy J. Whitefoot
	Title:	 	Vice President
	
	 JPMORGAN CHASE BANK, N.A., TORONTO BRANCH,
 Canadian Revolving Collateral Agent and

	Canadian Revolving Administrative Agent and
		
	By:	 	 /s/ Barry Walsh

	Name:	 	Barry Walsh
	Title:	 	Vice President
	
	J.P. MORGAN EUROPE LIMITED,
	U.K. Revolving Collateral Agent and
	U.K. Revolving Administrative Agent and
		
	By:	 	 /s/ Tim Jacob

	Name:	 	Tim Jacob
	Title:	 	Senior Vice President

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