Document:

Exhibit 10.4

Exhibit 10.4

EXECUTION VERSION

US GUARANTEE

US GUARANTEE, dated as of October 13, 2010 (this “US Guarantee”), made among CAREY
INTERMEDIATE HOLDINGS CORP., a Delaware corporation (“Holdings”), ASSOCIATED MATERIALS,
LLC, a Delaware limited liability company (the “Company”), and each of the Subsidiaries of
the Company listed on Annex A hereto (each such subsidiary, individually, a “US Subsidiary
Guarantor” and, collectively, “US Subsidiary Guarantors”; and together with Holdings
and the Company, collectively, the “US Guarantors”), and UBS AG, STAMFORD BRANCH, as US
collateral agent for the Secured Parties (in such capacity, together with its successors in such
capacity, the “US Collateral Agent”).

W I T N E S S E T H:

WHEREAS, (1) Holdings and the Borrowers have entered into a Revolving Credit Agreement, dated
as of October 13, 2010 (the “Credit Agreement”), with the banks, financial institutions and
other institutional lenders and investors from time to time parties thereto (each individually a
“Lender” and collectively, the “Lenders”), UBS AG, STAMFORD BRANCH, as US
Administrative Agent, US Collateral Agent, and a Letter of Credit Issuer, UBS AG, CANADA BRANCH, as
Canadian Administrative Agent and Canadian Collateral Agent, WELLS FARGO CAPITAL FINANCE, LLC, as
Co-Collateral Agent and a Letter of Credit Issuer, DEUTSCHE BANK AG NEW YORK BRANCH, as a Letter of
Credit Issuer, DEUTSCHE BANK AG CANADA BRANCH, as a Letter of Credit Issuer and UBS LOAN FINANCE
LLC, as Swingline Lender, pursuant to which the Lenders have severally agreed to make loans to the
Borrowers and the Letter of Credit Issuers have agreed to issue letters of credit for the account
of the Borrowers upon the terms and subject to the conditions set forth therein, (2) one or more
Cash Management Banks may from time to time provide Cash Management Services pursuant to Secured
Cash Management Agreements to any Credit Party and (3) one or more Hedge Banks may from time to
time enter into Secured Hedging Agreements with any Credit Party (clauses (1), (2) and (3)
collectively, the “Extensions of Credit”);

WHEREAS, pursuant to the Canadian Guarantee, dated as of October 13, 2010 (the “Canadian
Guarantee”), each of the Canadian Borrowers (other than in respect of their own obligations)
and their subsidiaries party thereto (the “Canadian Guarantors” and together with the US
Guarantors, collectively, the “Guarantors”) have agreed to guarantee to the Canadian
Collateral Agent, for the benefit of the Secured Parties, the prompt and complete payment and
performance when due (whether at the stated maturity, by acceleration or otherwise) of the Canadian
Obligations;

WHEREAS, Holdings is an Affiliate of the Company and each US Subsidiary Guarantor is a
Domestic Subsidiary of the Company;

WHEREAS, each US Guarantor acknowledges that it will derive substantial direct and indirect
benefit from the making of the Extensions of Credit; and

WHEREAS, it is a condition precedent to the obligations of the Lenders and the Letter of
Credit Issuers to make their respective Extensions of Credit to the Borrowers under the
Credit Agreement that the US Guarantors shall have executed and delivered this US Guarantee to
the US Collateral Agent for the benefit of the Secured Parties.

 

 

 

NOW, THEREFORE, in consideration of the premises and to induce the Agents and the Lenders to
enter into the Credit Agreement and to induce the Lenders and the Letter of Credit Issuers to make
their respective Extensions of Credit to the Borrowers under the Credit Agreement, to induce one or
more Cash Management Banks to provide Cash Management Services pursuant to Secured Cash Management
Agreements to any Credit Party and to induce one or more Hedge Banks to enter into Secured Hedging
Agreements with any Credit Party, the US Guarantors hereby agree with the US Collateral Agent, for
the benefit of the Secured Parties, as follows:

1. Defined Terms.

(a) Unless otherwise defined herein, terms defined in the Credit Agreement and used herein
(including terms used in the preamble and recitals hereto) shall have the meanings given to them in
the Credit Agreement.

(b) The rules of construction and other interpretative provisions specified in Sections 1.2,
1.5, 1.6 and 1.7 of the Credit Agreement shall apply to this US Guarantee, including terms defined
in the preamble and recitals hereto.

(c) As used herein, the term “Termination Date” means the date on which all
Obligations are paid in full in cash (other than Cash Management Obligations under Secured Cash
Management Agreements, Hedging Obligations under Secured Hedging Agreements or contingent
indemnification obligations not then due and payable) and the Total Revolving Credit Commitment and
all Letters of Credit are terminated (other than Letters of Credit that have been Cash
Collateralized in accordance with Section 3.7 of the Credit Agreement following the termination of
the Total Revolving Credit Commitment).

2. Guarantee.

(a) Subject to the provisions of Section 2(b), each of the US Guarantors hereby, jointly and
severally, unconditionally and irrevocably, guarantees, as primary obligor and not merely as
surety, to the US Collateral Agent for the benefit of the Secured Parties, the prompt and complete
payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of
the Obligations (other than, in the case of any US Borrower that is also a US Guarantor, in respect
of its own obligations). In furtherance of the foregoing and not in limitation of any other right
that the US Collateral Agent or any other Secured Party has at law or in equity against any US
Guarantor by virtue hereof, upon the failure of any of the Borrowers or any other Credit Party to
pay any Obligation when and as the same shall become due (whether at the stated maturity, by
acceleration or otherwise), each US Guarantor hereby promises to and will forthwith pay, or cause
to be paid, to the US Collateral Agent for distribution to the applicable Secured Parties the
amount of such unpaid Obligation. Upon payment by any US Guarantor of any sums to the US
Collateral Agent as provided above, all rights of such US Guarantor against any of the Borrowers or
any other Guarantor arising as a result thereof by way of right of
subrogation, contribution, reimbursement, indemnity or otherwise shall in all respects be
subject to Sections 3 and 5 hereof.

 

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(b) Anything herein or in any other Credit Document to the contrary notwithstanding, the
maximum liability of each US Subsidiary Guarantor hereunder and under the other Credit Documents
shall in no event exceed the amount that can be guaranteed by such US Subsidiary Guarantor under
Applicable Laws relating to the insolvency of debtors.

(c) To the extent required by Section 13.5 of the Credit Agreement, each US Guarantor further
agrees to pay any and all reasonable and documented out-of-pocket costs and expenses (including all
reasonable fees and disbursements of counsel) that may be paid or incurred by the US Collateral
Agent or any other Secured Party in enforcing, or obtaining advice of counsel in respect of, any
rights with respect to, or collecting, any or all of the Obligations and/or enforcing any rights
with respect to, or collecting against, such US Guarantor under this US Guarantee.

(d) Each US Guarantor agrees that the Obligations may at any time and from time to time exceed
the amount of the liability of such US Guarantor hereunder without impairing this US Guarantee or
affecting the rights and remedies of the US Collateral Agent or any other Secured Party hereunder.

(e) No payment or payments made by any of the Borrowers, any other Guarantor, any other
guarantor or any other Person or received or collected by the US Collateral Agent or any other
Secured Party from any of the Borrowers, any other Guarantors, any other guarantor or any other
Person by virtue of any action or proceeding or any set-off or appropriation or application at any
time or from time to time in reduction of or in payment of the Obligations shall be deemed to
modify, reduce, release or otherwise affect the liability of any US Guarantor hereunder, which
shall, notwithstanding any such payment or payments other than payments made by such US Guarantor
in respect of the Obligations or payments received or collected from such US Guarantor in respect
of the Obligations, remain liable for the Obligations up to the maximum liability of such US
Guarantor hereunder until the Termination Date.

(f) Each US Guarantor agrees that whenever, at any time, or from time to time, it shall make
any payment to the US Collateral Agent or any other Secured Party on account of its liability
hereunder, it will notify the US Collateral Agent in writing that such payment is made under this
US Guarantee for such purpose.

(g) Each US Guarantor assumes all responsibility for being and keeping itself informed of the
Borrowers’ and each other Credit Party’s financial condition and assets, and of all other
circumstances bearing upon the risk of nonpayment of the Obligations and the nature, scope and
extent of the risks that such US Guarantor assumes and incurs hereunder, and agrees that none of
the US Collateral Agent or the other Secured Parties will have any duty to advise such US Guarantor
of information known to it or any of them regarding such circumstances or risks.

 

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3. Right of Contribution. Each US Guarantor hereby agrees that to the extent a
Guarantor shall have paid more than its proportionate share of any payment made hereunder,
such US Guarantor shall be entitled to seek and receive contribution from and against any
other US Guarantor hereunder (or, if applicable, any Canadian Guarantor under the Canadian
Guarantee) that has not paid its proportionate share of such payment. Each US Guarantor’s right of
contribution shall be subject to the terms and conditions of Section 5 hereof. The provisions of
this Section 3 shall in no respect limit the obligations and liabilities of any US Guarantor to the
US Collateral Agent and the other Secured Parties, and each US Guarantor shall remain liable to the
US Collateral Agent and the other Secured Parties for the full amount guaranteed by such US
Guarantor hereunder.

4. Right of Set-off. In addition to any rights and remedies of the Secured Parties
provided by Applicable Law, each US Guarantor hereby irrevocably authorizes each Secured Party at
any time and from time to time following the occurrence and during the continuance of an Event of
Default without notice to such US Guarantor or any other US Guarantor, any such notice being
expressly waived by each US Guarantor, upon any amount becoming due and payable by such US
Guarantor hereunder (whether at stated maturity, by acceleration or otherwise) to set-off and
appropriate and apply against such amount any and all deposits (general or special, time or demand,
provisional or final), in any currency, and any other credits, indebtedness or claims, in any
currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at
any time held or owing by such Secured Party to or for the credit or the account of such US
Guarantor. Each Secured Party shall notify such US Guarantor promptly of any such set-off and the
appropriation and application made by such Secured Party; provided that the failure to give
such notice shall not affect the validity of such set-off and appropriation and application.

5. No Subrogation. Notwithstanding any payment or payments made by any of the US
Guarantors hereunder or any set-off or appropriation and application of funds of any of the US
Guarantors by the US Collateral Agent or any other Secured Party, no US Guarantor shall be entitled
to be subrogated to any of the rights of the US Collateral Agent or any other Secured Party against
any of the Borrowers or any other Guarantor or any collateral security or guarantee or right of
offset held by the US Collateral Agent or any other Secured Party for the payment of the
Obligations, nor shall any US Guarantor seek or be entitled to seek any contribution or
reimbursement from any of the Borrowers or any other Guarantor in respect of payments made by such
US Guarantor hereunder, until the Termination Date. If any amount shall be paid to any US
Guarantor on account of such subrogation rights at any time prior to the Termination Date, such
amount shall be held by such US Guarantor in trust for the US Collateral Agent and the other
Secured Parties, segregated from other funds of such US Guarantor, and shall, forthwith upon
receipt by such US Guarantor, be turned over to the US Collateral Agent in the exact form received
by such US Guarantor (duly indorsed by such US Guarantor to the US Collateral Agent, if required),
to be applied against the Obligations, whether due or to become due, subject to the terms and
conditions of the Intercreditor Agreement and in accordance with Section 5.4 of the Security
Agreement.

 

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6. Amendments, etc. with Respect to the Obligations; Waiver of Rights. Except for
termination of a US Guarantor’s obligations hereunder as expressly provided in Section 24, each US
Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights
against any US Guarantor and without notice to or further assent by any US Guarantor, (a) any
demand for payment of any of the Obligations made by the US Collateral
Agent or any other Secured Party may be rescinded by such party and any of the Obligations
continued, (b) the Obligations, or the liability of any other party upon or for any part thereof,
or any collateral security or guarantee therefor or right of offset with respect thereto, may, from
time to time, in whole or in part, be renewed, extended, amended, modified, accelerated,
compromised, waived, surrendered or released by the US Collateral Agent or any other Secured Party,
(c) the Credit Agreement, the other Credit Documents and any other documents executed and delivered
in connection therewith, the Secured Cash Management Agreements and any other documents executed
and delivered in connection therewith and the Secured Hedging Agreements and any other documents
executed and delivered in connection therewith, may be amended, waived, modified, supplemented or
terminated, in whole or in part, in accordance with the terms of the applicable document and (d)
any collateral security, guarantee or right of offset at any time held by the US Collateral Agent
or any other Secured Party for the payment of the Obligations may be sold, exchanged, waived,
surrendered or released. Neither the US Collateral Agent nor any other Secured Party shall have
any obligation to protect, secure, perfect or insure any Lien at any time held by it as security
for the Obligations or for this US Guarantee or any property subject thereto. When making any
demand hereunder against any US Guarantor, the US Collateral Agent or any other Secured Party may,
but shall be under no obligation to, make a similar demand on any of the Borrowers or any other
Guarantor or other guarantor, and any failure by the US Collateral Agent or any other Secured Party
to make any such demand or to collect any payments from any of the Borrowers or any other Guarantor
or other guarantor or any release of any of the Borrowers or any other Guarantor or other guarantor
shall not relieve any US Guarantor in respect of which a demand or collection is not made or any US
Guarantor not so released of its several obligations or liabilities hereunder, and shall not impair
or affect the rights and remedies, express or implied, or as a matter of law, of the US Collateral
Agent or any other Secured Party against any US Guarantor. For the purposes hereof,
“demand” shall include the commencement and continuance of any legal proceedings.

7. Guarantee Absolute and Unconditional. Each US Guarantor waives any and all notice
of the creation, contraction, incurrence, renewal, extension, amendment, waiver or accrual of any
of the Obligations, and notice of or proof of reliance by the US Collateral Agent or any other
Secured Party upon this US Guarantee or acceptance of this US Guarantee, the Obligations or any of
them, shall conclusively be deemed to have been created, contracted or incurred, or renewed,
extended, amended, waived or accrued, in reliance upon this US Guarantee; and all dealings between
any of the Borrowers and any of the US Guarantors, on the one hand, and the US Collateral Agent and
the other Secured Parties, on the other hand, likewise shall be conclusively presumed to have been
had or consummated in reliance upon this US Guarantee. Each US Guarantor waives promptness,
diligence, presentment, protest, notice of protest, demand for payment and notice of default,
acceleration or nonpayment and any other notice to or upon any of the Borrowers or any other
Guarantor with respect to the Obligations. Each US Guarantor understands and agrees that this US
Guarantee shall be construed as a continuing, absolute and unconditional guarantee of payment
without regard to (a) the validity, regularity or enforceability of the Credit Agreement, any other
Credit Document, any Secured Cash Management Agreement or any Secured Hedging Agreement, any of the
Obligations or any other collateral security therefor or guarantee or right of offset with respect
thereto at any time or from time to time held by the US Collateral Agent or any other Secured
Party, (b) any defense, set-off or counterclaim (other than a defense of payment or performance)
that may at any time be available to or be asserted by any of the Borrowers against

 

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 the US
Collateral Agent or any other Secured
Party or (c) any other circumstance whatsoever (with or without notice to or knowledge of any
of the Borrowers or such US Guarantor) that constitutes, or might be construed to constitute, an
equitable or legal discharge of any of the Borrowers for the Obligations, or of such US Guarantor
under this US Guarantee, in bankruptcy or in any other instance. When pursuing its rights and
remedies hereunder against any US Guarantor, the US Collateral Agent and any other Secured Party
may elect, but shall be under no obligation, to pursue such rights and remedies as it may have
against any of the Borrowers or any other Person or against any collateral security or guarantee
for the Obligations or any right of offset with respect thereto, and any failure by the US
Collateral Agent or any other Secured Party to pursue such other rights or remedies or to collect
any payments from any of the Borrowers or any such other Person or to realize upon any such
collateral security or guarantee or to exercise any such right of offset, or any release of any of
the Borrowers or any such other Person or any such collateral security, guarantee or right of
offset, shall not relieve such US Guarantor of any liability hereunder, and shall not impair or
affect the rights and remedies, whether express, implied or available as a matter of law, of the US
Collateral Agent and the other Secured Parties against such US Guarantor. To the fullest extent
permitted by Applicable Law, each US Guarantor waives any defense arising out of any such election
even though such election operates, pursuant to Applicable Law, to impair or to extinguish any
right of reimbursement, subrogation, exoneration, contribution or indemnification or other right or
remedy of such US Guarantor against any of the Borrowers or any other Guarantor, as the case may
be, or any security. Each US Guarantor acknowledges that it will receive substantial direct and
indirect benefits from the financing arrangements contemplated by the Credit Documents and that the
waivers set forth herein are knowingly made in contemplation of such benefit. This US Guarantee
shall remain in full force and effect and be binding in accordance with and to the extent of its
terms upon each US Guarantor and the successors and assigns thereof, and shall inure to the benefit
of the US Collateral Agent and the other Secured Parties, and their respective successors,
indorsees, transferees and assigns, until the Termination Date, notwithstanding that from time to
time during the term of the Credit Agreement, any Secured Cash Management Agreement and any Secured
Hedging Agreement, the Credit Parties may be free from any Obligations.

8. Subordination. Each US Guarantor hereby agrees that any Indebtedness of any US
Guarantor now or hereafter owing to any other US Guarantor, whether heretofore, now or hereafter
created (the “US Guarantor Subordinated Debt”), is hereby subordinated to all of the
Obligations until the Termination Date and that the US Guarantor Subordinated Debt shall not be
paid in whole or in part during the continuance of any Event of Default. In the event of any
insolvency or bankruptcy proceedings, and any receivership, liquidation, reorganization or other
similar proceedings in connection therewith, relative to any US Guarantor or to its property, and
in the event of any proceedings for voluntary liquidation, dissolution or other winding up of such
US Guarantor (except as expressly permitted by the Credit Agreement), whether or not involving
insolvency or bankruptcy, then, if an Event of Default has occurred and is continuing (a) the US
Collateral Agent shall be paid irrevocably in full in cash in immediately available funds in
respect of all amounts constituting the Obligations (other than Cash Management Obligations under
Secured Cash Management Agreements, Hedging Obligations under Secured Hedging Agreements or
contingent indemnification obligations not then due and payable) before any payee is entitled to
receive (whether directly or indirectly), or make any demands for, any payment on account of the US
Guarantor Subordinated Debt and (b) until the US Collateral Agent is paid irrevocably in full in
cash in immediately available

 

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funds in respect of all amounts
constituting the Obligations (other than Cash Management Obligations under Secured Cash
Management Agreements, Hedging Obligations under Secured Hedging Agreements or contingent
indemnification obligations not then due and payable), any payment or distribution to which such
payee would otherwise be entitled (other than debt securities of such US Guarantor that are
subordinated, to at least the same extent as this Section 8, to the payment of all US Guarantor
Subordinated Debt then outstanding (such securities being hereinafter referred to as “US
Restructured Debt Securities”)) shall be made to the US Collateral Agent. If any Event of
Default occurs and is continuing, then no payment or distribution of any kind or character shall be
accepted by or on behalf of the US Guarantor or any other Person on its behalf with respect to the
US Guarantor Subordinated Debt. If any payment or distribution of any character, whether in cash,
securities or other property (other than US Restructured Debt Securities), in respect of the US
Guarantor Subordinated Debt shall be received by any payee in violation of this Section 8 before
all Obligations shall have been paid irrevocably in full in cash in immediately available funds
(other than Cash Management Obligations under Secured Cash Management Agreements, Hedging
Obligations under Secured Hedging Agreements or contingent indemnification obligations not then due
and payable), such payment or distribution shall be held in trust for the benefit of the Secured
Parties, and shall be paid over the US Collateral Agent.

9. Representations and Warranties; Covenants. Each US Guarantor hereby (a) represents
and warrants that the representations and warranties as to it made by Holdings and the Borrowers in
Section 8 of the Credit Agreement are true and correct on each date as required by Section 7.1 of
the Credit Agreement and (b) agrees to take, or refrain from taking, as the case may be, each
action necessary to be taken or not taken, as the case may be, so that no Default or Event of
Default is caused by the failure to take such action or to refrain from taking such action by such
US Guarantor.

10. Reinstatement. This US Guarantee shall continue to be effective, or be
reinstated, as the case may be, if at any time payment, or any part thereof, of any of the
Obligations is rescinded or must otherwise be restored or returned by the US Collateral Agent or
any other Secured Party upon the insolvency, bankruptcy, dissolution, liquidation or reorganization
of any of the Borrowers or any other Guarantor, or upon or as a result of the appointment of a
receiver, intervenor or conservator of, or trustee or similar officer for, any of the Borrowers or
any other Guarantor or any substantial part of its property, or otherwise, all as though such
payments had not been made.

11. Payments. Each US Guarantor hereby guarantees that payments hereunder will be
paid to the US Collateral Agent without set-off or counterclaim in US Dollars at the US Collateral
Agent’s office specified in Section 13.2 of the Credit Agreement.

12. Authority of Agent. Each US Guarantor acknowledges that the rights and
responsibilities of the US Collateral Agent under this US Guarantee with respect to any action
taken by the US Collateral Agent or the exercise or non-exercise by the US Collateral Agent of any
option, right, request, judgment or other right or remedy provided for herein or resulting or
arising out of this US Guarantee shall, as between the US Collateral Agent and the other Secured
Parties, be governed by the Credit Agreement and by such other agreements with respect thereto as
may exist from time to time among them, but, as between the US Collateral Agent and such US
Guarantor, the US Collateral Agent shall be conclusively presumed to be acting as agent for
the Secured Parties with full and valid authority so to act or refrain from acting, and no US
Guarantor shall be under any obligation, or entitlement, to make any inquiry respecting such
authority.

 

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13. Notices. All notices, requests and demands pursuant hereto shall be made in
accordance with Section 13.2 of the Credit Agreement. All communications and notices hereunder to
each US Guarantor shall be given to it in care of the Company at the Company’s address set forth in
Section 13.2 of the Credit Agreement.

14. Counterparts. This US Guarantee may be executed by one or more of the parties to
this US Guarantee on any number of separate counterparts (including by facsimile or other
electronic transmission (i.e., a “PDF” or “TIF” file)), and all of said counterparts taken together
shall be deemed to constitute one and the same instrument. A set of the copies of this US
Guarantee signed by all the parties shall be lodged with the US Collateral Agent and the Company.

15. Severability. Any provision of this US Guarantee that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor in
good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid, illegal
or unenforceable provisions.

16. Integration. This US Guarantee, together with the other Credit Documents,
represents the agreement of each US Guarantor and the US Collateral Agent with respect to the
subject matter hereof, and there are no promises, undertakings, representations or warranties by
the US Collateral Agent or any other Secured Party relative to the subject matter hereof not
expressly set forth or referred to herein or in the other Credit Documents.

17. Amendments in Writing; No Waiver; Cumulative Remedies.

(a) None of the terms or provisions of this US Guarantee may be waived, amended, supplemented
or otherwise modified except by a written instrument executed by the affected US Guarantor(s) and
the US Collateral Agent in accordance with Section 13.1 of the Credit Agreement.

(b) Neither the US Collateral Agent nor any other Secured Party shall by any act (except by a
written instrument pursuant to Section 17(a) hereof), delay, indulgence, omission or otherwise be
deemed to have waived any right or remedy hereunder or to have acquiesced in any Default or Event
of Default or in any breach of any of the terms and conditions hereof. No failure to exercise, nor
any delay in exercising, on the part of the US Collateral Agent or any other Secured Party, any
right, power or privilege hereunder shall operate as a waiver thereof. No single or partial
exercise of any right, power or privilege hereunder shall preclude any other or further exercise
thereof or the exercise of any other right, power or privilege. A waiver by the US Collateral
Agent or any other Secured Party of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy that the US
Collateral Agent or any Secured Party would otherwise have on any future occasion.

 

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(c) The rights, remedies, powers and privileges herein provided are cumulative, may be
exercised singly or concurrently and are not exclusive of any other rights or remedies provided by
law.

18. Section Headings. The Section headings used in this US Guarantee are for
convenience of reference only and are not to affect the construction hereof or be taken into
consideration in the interpretation hereof.

19. Successors and Assigns. This US Guarantee shall be binding upon the successors
and assigns of each US Guarantor and shall inure to the benefit of the US Collateral Agent and the
other Secured Parties and their respective successors and assigns, except that no US Guarantor may
assign, transfer or delegate any of its rights or obligations under this US Guarantee without the
prior written consent of the US Collateral Agent unless permitted to do so under the Credit
Agreement.

20. Additional Guarantors. Each Domestic Subsidiary of any of the US Borrowers that
is required to become a party to this US Guarantee pursuant to Section 9.10 of the Credit Agreement
shall become a US Guarantor, with the same force and effect as if originally named as a US
Guarantor herein, for all purposes of this US Guarantee upon execution and delivery by such
Subsidiary of a Supplement in the form of Annex B hereto or in such other form reasonably
satisfactory to the US Collateral Agent. The execution and delivery of any instrument adding an
additional US Guarantor as a party to this US Guarantee shall not require the consent of any other
US Guarantor hereunder. The rights and obligations of each US Guarantor hereunder shall remain in
full force and effect notwithstanding the addition of any new US Guarantor as a party to this US
Guarantee.

21. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS GUARANTEE, ANY OTHER CREDIT
DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

22. Submission to Jurisdiction; Waivers. Each US Guarantor hereby irrevocably and
unconditionally:

(a) submits for itself and its property in any legal action or proceeding relating to
this US Guarantee and the other Credit Documents to which it is a party, or for recognition
and enforcement of any judgment in respect thereof, to the exclusive general jurisdiction of
the courts of the State of New York, the courts of the United States of America for the
Southern District of New York and appellate courts from any thereof;

(b) consents that any such action or proceeding shall be brought in such courts and
waives any objection that it may now or hereafter have to the venue of any such action or
proceeding in any such court or that such action or proceeding was brought in an
inconvenient court and agrees not to plead or claim the same;

 

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(c) agrees that service of process in any such action or proceeding may be effected by
mailing a copy thereof by registered or certified mail (or any substantially similar form of
mail), postage prepaid, to such US Guarantor at its address referred to in Section 13 hereof
or at such other address of which the US Collateral Agent shall have been notified pursuant
thereto;

(d) agrees that nothing herein shall affect the right of the US Collateral Agent or any
other Secured Party to effect service of process in any other manner permitted by law or
shall limit the right of the US Collateral Agent or any other Secured Party to sue in any
other jurisdiction; and

(e) waives, to the maximum extent not prohibited by law, any right it may have to claim
or recover in any legal action or proceeding referred to in this Section 22 any special,
exemplary, punitive or consequential damages.

23. GOVERNING LAW. THIS GUARANTEE AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE
STATE OF NEW YORK.

24. Termination or Release.

(a) This US Guarantee shall terminate on the Termination Date.

(b) (i) A US Subsidiary Guarantor shall automatically be released from its obligations
hereunder upon the consummation of any transaction permitted by the Credit Agreement, as a result
of which such US Subsidiary Guarantor ceases to be a Restricted Subsidiary or otherwise becomes an
Excluded Subsidiary; provided that the Required Lenders shall have consented to such
transaction (to the extent such consent is required by the Credit Agreement) and the terms of such
consent did not provide otherwise, and (ii) Holdings (or the previous New Holdings, as the case may
be) shall automatically be released from its obligations hereunder in accordance with the formation
or acquisition of a New Holdings that satisfies the conditions set forth in the Credit Agreement.

(c) In connection with any termination or release, the US Collateral Agent shall execute and
deliver to any US Guarantor, at such US Guarantor’s expense, all documents that such US Guarantor
shall reasonably request to evidence such termination or release. Any execution and delivery of
documents pursuant to this Section 24 shall be without recourse to or warranty by the US Collateral
Agent.

[Signature Pages Follow]

 

-10-

 

IN WITNESS WHEREOF, each of the undersigned has caused this US Guarantee to be duly executed
and delivered by its duly authorized officer as of the day and year first above written.

	 	 	 	 	 
	 	CAREY INTERMEDIATE HOLDINGS CORP., as Guarantor,

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Signature Page to the US Guarantee]

 

 

 

	 	 	 	 	 
	 	ASSOCIATED MATERIALS, LLC, as Guarantor,

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Signature Page to the US Guarantee]

 

 

 

	 	 	 	 	 
	 	GENTEK HOLDINGS, LLC, as Guarantor,

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[US Guarantee]

 

 

 

	 	 	 	 	 
	 	GENTEK BUILDING PRODUCTS, INC., as Guarantor,

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[US Guarantee]

 

 

 

	 	 	 	 	 
	 	CAREY NEW FINANCE, INC., as Guarantor,

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[US Guarantee]

 

 

 

	 	 	 	 	 
	 	UBS AG, STAMFORD BRANCH,

as US Collateral Agent

 	 
	 	By:  	/s/ Mary E. Evans
 	 
	 	 	Name:  	Mary E. Evans 	 
	 	 	Title:  	Associate Director Banking Products
Services. US 	 
	 	 	 
	 	By:  	              /s/ Irja R. Otsa
 	 
	 	 	Name:  	Irja R. Otsa 	 
	 	 	Title:  	Associate Director Banking Products
Services. US 	 

[US Guarantee]

 

 

 

ANNEX A

TO THE US GUARANTEE

US SUBSIDIARY GUARANTORS

Gentek Holdings, LLC

Gentek Building Products, Inc.

Carey New Finance, Inc.

 

A-1

 

ANNEX B

TO THE US GUARANTEE

SUPPLEMENT NO. [    ], dated as of
[    ], 20[    ] (this
“Supplement”), to the US GUARANTEE, dated as of October 13, 2010 (this “US
Guarantee”), made among CAREY INTERMEDIATE HOLDINGS CORP., a Delaware corporation
(“Holdings”), ASSOCIATED MATERIALS, LLC, a Delaware limited liability company (the
“Company”), and each of the Subsidiaries of the Company listed on Annex A thereto (each
such subsidiary, individually, a “US Subsidiary Guarantor” and, collectively, “US
Subsidiary Guarantors”; and together with Holdings and the Company, collectively, the “US
Guarantors”), and UBS AG, STAMFORD BRANCH, as US collateral agent for the Secured Parties (in
such capacity, together with its successors in such capacity, the “US Collateral Agent”).

A. Reference is made to the Revolving Credit Agreement, dated as of October 13, 2010 (the
“Credit Agreement”), among Holdings, the Company, GENTEK HOLDINGS, LLC and GENTEK BUILDING
PRODUCTS, INC. (together with the Company, the “US Borrowers”), ASSOCIATED MATERIALS CANADA
LIMITED, GENTEK CANADA HOLDINGS LIMITED and GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP (each, a
“Canadian Borrower” and collectively the “Canadian Borrowers”; and together with
the US Borrowers, the “Borrowers”), the banks, financial institutions and other
institutional lenders and investors from time to time parties thereto (each individually a
“Lender” and collectively, the “Lenders”), UBS AG, STAMFORD BRANCH, as US
Administrative Agent, US Collateral Agent, and a Letter of Credit Issuer, UBS AG, CANADA BRANCH, as
Canadian Administrative Agent and Canadian Collateral Agent, WELLS FARGO CAPITAL FINANCE, LLC, as
Co-Collateral Agent and a Letter of Credit Issuer, DEUTSCHE BANK AG NEW YORK BRANCH, as a Letter of
Credit Issuer, DEUTSCHE BANK AG CANADA BRANCH, as a Letter of Credit Issuer and UBS LOAN FINANCE
LLC, as Swingline Lender.

B. Capitalized terms used herein and not otherwise defined herein shall have the meanings
assigned to such terms in the US Guarantee. The rules of construction and other interpretative
provisions specified in Section 1(b) of the US Guarantee shall apply to this Supplement, including
terms defined in the preamble and recitals hereto.

C. The US Guarantors have entered into the US Guarantee in order to induce the Agents, the
Lenders and the Letter of Credit Issuers to enter into the Credit Agreement and to induce the
Lenders and the Letter of Credit Issuers to make their respective Extensions of Credit to the
Borrowers under the Credit Agreement, to induce one or more Cash Management Banks to provide Cash
Management Services pursuant to Secured Cash Management Agreements to any Credit Party and to
induce one or more Hedge Banks to enter into Secured Hedging Agreements with any Credit Party.
Section 9.10 of the Credit Agreement and Section 20 of the US Guarantee provide that additional
Subsidiaries may become US Guarantors under the US Guarantee by execution and delivery of an
instrument in the form of this Supplement. Each undersigned Subsidiary (each a “New
Guarantor”) is executing this Supplement in accordance with the requirements of the Credit
Agreement to become a US Guarantor under the US Guarantee in order to induce the Lenders and the
Letter of Credit Issuers to make additional Extensions of Credit to the Borrowers under the Credit
Agreement, to induce one or more Cash Management Banks to provide Cash Management Services pursuant
to Secured Cash Management Agreements to any Credit
Party and to induce one or more Hedge Banks to enter into Secured Hedging Agreements with any
Credit Party and as consideration for Extensions of Credit previously made, Cash Management
Services previously provided, and Secured Hedging Agreements previously entered into.

 

B-1

 

Accordingly, the US Collateral Agent and each New Guarantor agrees as follows:

SECTION 1. In accordance with Section 20 of the US Guarantee, each New Guarantor by its
signature below becomes a US Guarantor under the US Guarantee with the same force and effect as if
originally named therein as a US Guarantor and each New Guarantor hereby (a) agrees to all the
terms and provisions of the US Guarantee applicable to it as a US Guarantor thereunder and (b)
represents and warrants that the representations and warranties made by it as a US Guarantor
thereunder are true and correct on and as of the date hereof (except to the extent that they
expressly relate to an earlier date, in which case they shall be true and correct as of such
earlier date). Each reference to a US Guarantor in the US Guarantee shall be deemed to include
each New Guarantor. The US Guarantee is hereby incorporated herein by reference.

SECTION 2. Each New Guarantor represents and warrants to the US Collateral Agent and the other
Secured Parties that this Supplement has been duly authorized, executed and delivered by it and
constitutes its legal, valid and binding obligation, enforceable against it in accordance with its
terms, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization and
other similar laws relating to or affecting creditors’ rights generally and general principles of
equity (whether considered in a proceeding in equity or law).

SECTION 3. This Supplement may be executed by one or more of the parties to this Supplement on
any number of separate counterparts (including by facsimile or other electronic transmission (i.e.,
a “PDF” or “TIF” file)), and all of said counterparts taken together shall be deemed to constitute
one and the same instrument. A set of the copies of this Supplement signed by all the parties
shall be lodged with the US Borrowers and the US Collateral Agent. This Supplement shall become
effective as to each New Guarantor when the US Collateral Agent shall have received counterparts of
this Supplement that, when taken together, bear the signatures of such New Guarantor and the US
Collateral Agent.

SECTION 4. Except as expressly supplemented hereby, the US Guarantee shall remain in full
force and effect.

SECTION 5. THIS SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

SECTION 6. Any provision of this Supplement that is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof and in the US Guarantee, and
any such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor in
good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid,
illegal or unenforceable provisions.

 

B-2

 

SECTION 7. All notices, requests and demands pursuant hereto shall be made in accordance with
Section 13.2 of the Credit Agreement. All communications and notices hereunder to each New
Guarantor shall be given to it in care of the Company at the Company’s address set forth in Section
13.2 of the Credit Agreement.

SECTION 8. Each New Guarantor agrees to reimburse the US Collateral Agent for its reasonable
and documented out-of-pocket costs and expenses in connection with this Supplement, including the
reasonable fees, disbursements and other charges of counsel for the US Collateral Agent.

 

B-3

 

IN WITNESS WHEREOF, each New Guarantor and the US Collateral Agent have duly executed this
Supplement to the US Guarantee as of the day and year first above written.

	 	 	 	 	 
	[NEW GUARANTOR(S)],	 	 
	 
	 	 	 	 
	By:

	 	 
 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	UBS AG, STAMFORD BRANCH, 

as US Collateral Agent,	 	 
	 
	 	 	 	 
	By:

	 	 
 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:

	 	 
 

Name:
	 	 
	 

	 	Title:	 	 

[Signature Page to US Guarantee Supplement]Exhibit 10.5

Exhibit 10.5

EXECUTION COPY

CANADIAN SECURITY AGREEMENT

CANADIAN SECURITY AGREEMENT, dated as of October 13, 2010 (this “Agreement”), among
ASSOCIATED MATERIALS CANADA LIMITED, an Ontario corporation (“Associated”), GENTEK CANADA
HOLDINGS LIMITED, an Ontario corporation (“Gentek”), and GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP, an Ontario limited partnership, by its general partner, Gentek (“LP”), each of
the subsidiaries listed of the Canadian Borrowers on Annex A hereto (each such subsidiary,
individually, a “Canadian Subsidiary Grantor” and, collectively, the “Canadian
Subsidiary Grantors”; and, together with the Associated, Gentek and LP, collectively, the
“Canadian Grantors”), and UBS AG CANADA BRANCH, as Canadian collateral agent for the
Secured Parties (in such capacity, together with its successors in such capacity, the “Canadian
Collateral Agent”).

W I T N E S S E T H:

WHEREAS, (1) CAREY INTERMEDIATE HOLDINGS CORP., a Delaware corporation (“Holdings”), the US
Borrowers and the Canadian Borrowers (collectively, the “Borrowers”) have entered into a
Revolving Credit Agreement, dated as of October 13, 2010 (the “Credit Agreement”), with the
banks, financial institutions and other institutional lenders and investors from time to time
parties thereto (each individually a “Lender” and collectively the “Lenders”), UBS AG,
STAMFORD BRANCH, as US Administrative Agent, US Collateral Agent, and a US Letter of Credit Issuer
and a Canadian Letter of Credit Issuer, UBS AG CANADA BRANCH, as Canadian Administrative Agent and
Canadian Collateral Agent, WELLS FARGO CAPITAL FINANCE, LLC, as Co-Collateral Agent, DEUTSCHE BANK
AG NEW YORK BRANCH, as a US Letter of Credit Issuer, DEUTSCHE BANK AG CANADA BRANCH, as a Canadian
Letter of Credit Issuer, WELLS FARGO BANK, NATIONAL ASSOCIATION as a US Letter of Credit Issuer and
a Canadian Letter of Credit Issuer and UBS LOAN FINANCE LLC, as Swingline Lender, pursuant to which
the Lenders have severally agreed to make loans to the Borrowers and the Canadian Letter of Credit
Issuers have agreed to issue letters of credit for the account of the Borrowers upon the terms and
subject to the conditions set forth therein, (2) one or more Cash Management Banks may from time to
time provide Cash Management Services pursuant to Secured Cash Management Agreements to any Credit
Party and (3) one or more Hedge Banks may from time to time enter into Secured Hedging Agreements
with any Credit Party (clauses (1), (2) and (3) collectively, the “Extensions of Credit”);

WHEREAS, pursuant to the Canadian Guarantee, dated as of October 13, 2010 (the “Canadian
Guarantee”), each of the Canadian Grantors (other than in respect of their own obligations) and
their subsidiaries party thereto have agreed to guarantee to the Canadian Collateral Agent, for the
benefit of the Secured Parties, the prompt and complete payment and performance when due (whether
at the stated maturity, by acceleration or otherwise) of the Canadian Obligations;

 

 

 

WHEREAS, it is a condition precedent to the obligations of the Canadian Lenders and the Letter
of Credit Issuers to make their respective Extensions of Credit to the
Canadian Borrowers under the Credit Agreement that the Canadian Grantors shall have executed
and delivered this Agreement to the Canadian Collateral Agent, for the benefit of the Secured
Parties; and

WHEREAS, the Canadian Grantors acknowledge that they will derive substantial direct and
indirect benefit from the Extensions of Credit and have agreed to secure their obligations with
respect thereto pursuant to this Agreement on a first priority basis (subject to Permitted Liens).

NOW, THEREFORE, in consideration of the premises and for other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, and to induce the Agents,
the Canadian Lenders and the Canadian Letter of Credit Issuers to enter into the Credit Agreement
and to induce the Canadian Lenders and the Canadian Letter of Credit Issuers to make their
respective Extensions of Credit to the Canadian Borrowers under the Credit Agreement, to induce one
or more Cash Management Banks to provide Cash Management Services pursuant to Secured Cash
Management Agreements to any Credit Party and to induce one or more Hedge Banks to enter into
Secured Hedging Agreements with each Credit Party, the Canadian Grantors hereby agree with the
Canadian Collateral Agent, for the benefit of the Secured Parties, as follows:

1. Defined Terms.

(a) Unless otherwise defined herein, (i) terms defined in the Credit Agreement and used herein
(including terms used in the preamble and the recitals) shall have the meanings given to them in
the Credit Agreement and (ii) all terms defined in the PPSA from time to time in effect or in the
Securities Transfer Act (Ontario) from time to time in effect (together with any regulations
thereunder, the “STA”) and not defined herein or in the Credit Agreement shall have the
meanings specified therein. References to sections of the PPSA or the STA shall be construed to
also refer to any successor sections.

(b) The rules of construction and other interpretive provisions specified in Sections 1.2,
1.5, 1.6 and 1.7 of the Credit Agreement shall apply to this Agreement, including terms defined in
the preamble and recitals hereto.

(c) The following terms shall have the following meanings:

“Accounts” shall mean all “accounts,” as such term is defined in the PPSA.

“After-Acquired Intellectual Property Collateral” shall have the meaning assigned to
such term in Section 4.1(c).

“Agreement” shall have the meaning assigned to such term in the preamble hereto.

“Canadian Borrower” shall have the meaning assigned to such term in the preamble
hereto.

 

-2-

 

“Canadian Collateral Agent” shall have the meaning assigned to such term in the
preamble hereto.

“Canadian Grantor” shall have the meaning assigned to such term in the preamble
hereto.

“Canadian Guarantee” shall have the meaning assigned to such term in the recitals
hereto.

“Secured Parties” shall have the meaning assigned to the term “Secured Parties” in the
Credit Agreement.

“Canadian Subsidiary Grantor” shall have the meaning assigned to such term in the
preamble hereto.

“Certificated Security” has the meaning given to it in the STA.

“Chattel Paper” shall mean all “chattel paper” as such term is defined in the PPSA.

“Collateral” shall have the meaning assigned to such term in Section 2.

“Collateral Account” shall mean any collateral account established by the Canadian
Collateral Agent as provided in Section 5.1.

“Company” shall have the meaning assigned to such term in the preamble hereto.

“Copyrights” shall mean all (a) registered copyright rights in Canada, including
copyrights in computer software and the content thereof, and internet web sites, (b) registrations,
recordings and applications for registration of any such copyright in Canada, including
registrations, recordings, supplemental registrations and pending applications for registration in
the Canadian Intellectual Property Office, and (c) rights to obtain all renewals thereof.

“Credit Agreement” shall have the meaning assigned to such term in the recitals
hereto.

“Credit Documents” shall mean the “Credit Documents” as defined in the Credit
Agreement.

“Deposit Account Control Agreement” shall mean an agreement among the Canadian
Collateral Agent, any Canadian Grantor and the relevant depository bank, in form and substance
reasonably satisfactory to the Canadian Collateral Agent.

“Document of Title” shall mean all “document of title,” as such term is defined in the
PPSA.

 

-3-

 

“Equipment” shall mean all “equipment,” as such term is defined in the PPSA, now or
hereafter owned by any Canadian Grantor or to which any Canadian Grantor has rights
and, in any event, shall include all machinery, equipment, furnishings, movable trade fixtures
and vehicles now or hereafter owned by any Canadian Grantor or to which any Canadian Grantor has
rights and any and all additions, substitutions and replacements of any of the foregoing, wherever
located, together with all attachments, components, parts, equipment and accessories installed
thereon or affixed thereto.

“Excluded Accounts” shall mean any accounts specified in Section 9.16(b)(iv) of the
Credit Agreement.

“Excluded Assets” shall mean (a) any property or asset to the extent that the grant of
a security interest in such property or asset is prohibited by any Applicable Law or requires
consent not obtained of any Governmental Authority pursuant to Applicable Law, (b) any Subject
Property, (c) any Excluded Capital Stock, (d) any assets or property that is subject to a Lien
permitted pursuant to Section 10.2(c) of the Credit Agreement to the extent the documents relating
to such Lien would not permit such assets or property to be subject to the Liens created by this
Agreement and the other Credit Documents; provided that immediately upon the
ineffectiveness, lapse or termination of any such restriction, such assets or property shall cease
to be an Excluded Asset, (e) any Vehicles the perfection of a security interest in which is
excluded from the PPSA, (f) any intellectual property, including Canadian intent to use trademark
applications, to the extent that and for so long as the creation of a security interest therein
would invalidate or impair the enforceability of the Canadian Grantor’s right, title or interest
therein, (h) Excluded Accounts, (i) any property or assets owned by any Unrestricted Subsidiary (j)
any property included in the definition of “Collateral” in the Canadian Pledge Agreement and (k)
proceeds and products from any and all of the of the foregoing Excluded Assets described in clause
(a) through (j), unless such proceeds would otherwise constitute Collateral; provided, however,
that Excluded Assets will not include any Proceeds, substitutions or replacements of any Excluded
Assets referred to in clause (a) (unless such Proceeds, substitutions or replacements would
otherwise constitute Excluded Assets).

“Exclusive IP Agreements” shall have the meaning assigned to such term in Section
3.2(a).

“Extensions of Credit” shall have the meaning assigned to such term in the recitals
hereto.

“Intangibles” shall mean all “intangibles” as such term is defined in the PPSA and, in
any event, including with respect to any Canadian Grantor, all contracts, agreements, instruments
and indentures in any form, and portions thereof, to which such Canadian Grantor is a party or
under which such Canadian Grantor has any right, title or interest or to which such Canadian
Grantor or any property of such Canadian Grantor is subject, as the same may from time to time be
amended, supplemented or otherwise modified, including (a) all rights of such Canadian Grantor to
receive moneys due and to become due to it thereunder or in connection therewith, (b) all rights of
such Canadian Grantor to receive proceeds of any insurance, indemnity, warranty or guarantee with
respect thereto, (c) all claims of such Canadian Grantor for damages arising out of any breach of
or default thereunder and (d) all rights of such Canadian Grantor to terminate, amend, supplement,
modify or exercise rights or options thereunder, to perform thereunder and to compel performance
and otherwise exercise all remedies thereunder.

 

-4-

 

“Intellectual Property” shall mean any and all intellectual property, including Trade
Secrets, Copyrights, Patents, Trademarks and the IP Agreements, all rights therein, and all rights
to sue at law or in equity for any past, present, or future infringement, misappropriation,
violation, misuse or other impairment thereof, including the right to receive injunctive relief and
all Proceeds and damages therefrom.

“Intellectual Property Collateral” shall mean the Collateral constituting Intellectual
Property, including the Intellectual Property set forth in Schedules 1 and 2 hereto.

“Intellectual Property Security Agreement” shall have the meaning assigned to such
term in Section 4.4(e).

“Instruments” shall mean all “instruments,” as such term is defined in the PPSA.

“Inventory” shall mean all “inventory,” as such term is defined in the PPSA.

“Investment Property” shall mean all “investment property,” as such term is defined in
the PPSA.

“IP Agreements” shall mean any and all agreements, permits, consents, orders and
franchises, now or hereafter in effect, relating to the license, development, use, manufacture,
distribution, sale or disclosure of any Copyrights, Patents or Trademarks, to which any Canadian
Grantor, now or hereafter, is a party.

“Lenders” shall have the meaning assigned to such term in the recitals hereto.

“Money” shall mean all “money,” as such term is defined in the PPSA.

“Patents” shall mean (a) patent registrations, statutory invention registrations,
utility models, recordings and pending applications in the Canadian Intellectual Property Office,
and (b) all reissues, continuations, divisions, continuations-in-part, renewals or extensions
thereof, and in the case of (a) and (b), all the inventions disclosed or claimed therein and all
improvements thereto, including the right to make, use and/or sell the inventions disclosed or
claimed therein.

“Permitted Lien” shall mean any Lien on the Collateral expressly permitted to be
granted pursuant to the Credit Agreement, including, without exception, pursuant to the definition
of “Permitted Liens” therein and Section 10.2 thereof.

“PPSA” shall mean the Personal Property Security Act (Ontario), the Civil Code of
Québec or any other applicable Canadian federal, provincial or territorial statute pertaining to
the granting, perfecting, priority or ranking of security interests, liens, hypothecs on personal
property, and any successor statutes, together with any regulations thereunder, in each case as in
effect from time to time. References to sections of the PPSA shall be construed to also refer to
any successor sections.

 

-5-

 

“Proceeds” shall mean all “proceeds” as such term is defined in the PPSA and, in any
event, shall include with respect to any Canadian Grantor, any consideration received from
the sale, exchange, license, lease or other Disposition of any asset or property that
constitutes Collateral, any value received as a consequence of the possession of any Collateral and
any payment received from any insurer or other person or entity as a result of the destruction,
loss, theft, damage or other involuntary conversion of whatever nature of any asset or property
that constitutes Collateral, and shall include (a) all cash and negotiable instruments received by
or held on behalf of the Canadian Collateral Agent, (b) any claim of any Canadian Grantor against
any third party for (and the right to sue and recover for and the rights to damages or profits due
or accrued arising out of or in connection with) (i) past, present or future infringement or
dilution, where applicable, of any Patent, Trademark, Copyright or Trade Secret, now or hereafter
owned by any Canadian Grantor, or licensed under an IP Agreement or injury to the goodwill
associated with or symbolized by any Trademark now or hereafter owned by any Canadian Grantor, and
(ii) past, present or future breach of any IP Agreement and (c) any and all other amounts from time
to time paid or payable under or in connection with any of the Collateral.

“Registered Intellectual Property” shall have the meaning set forth in Section 3.2.

“Canadian Pledge Agreement” shall have the meaning assigned to the term “Canadian
Pledge Agreement” in the Credit Agreement.

“Secured Debt Documents” shall mean, collectively, the Credit Documents, each Secured
Cash Management Agreement entered into with a Cash Management Bank and each Hedging Agreement
entered into with a Hedge Bank.

“Security Interest” shall have the meaning assigned to such term in Section 2(a).

“Securities Account” shall mean all “securities account,” as such term is defined in
the STA.

“Securities Account Control Agreement” shall mean an agreement among the Canadian
Collateral Agent, any Canadian Grantor and the relevant securities intermediary, in form and
substance reasonably satisfactory to the Canadian Collateral Agent, granting control of such
Canadian Grantor’s Securities Accounts maintained with such securities intermediary.

“Subject Property” shall mean any contract, license, lease, agreement, instrument or
other document to the extent that such grant of a security interest therein is (1) prohibited by,
or constitutes a breach or default under, or results in the termination of, or requires any consent
not obtained under, such contract, license, lease, agreement, instrument or other document, or, in
the case of any Investment Property or other securities, any applicable shareholder or similar
agreement or (2) otherwise constitutes or results in the abandonment, invalidation or
unenforceability of any right, title or interest of any Canadian Grantor under such contract,
license, lease, agreement, instrument or other document, except, in each case, to the extent that
Applicable Law or the term in such contract, license, lease, 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 or purports to prohibit
the granting of a security interest over all or a material portion of assets of any Grantor;
provided, however, that the foregoing exclusions shall not apply to the extent that
any such
prohibition, default or other term would be rendered ineffective pursuant to the PPSA or any
other Applicable Law or principles of equity; provided, further, that the Security
Interest shall attach immediately to any portion of such Subject Property that does not result in
any of the consequences specified above including, without limitation, any Proceeds of such Subject
Property.

 

-6-

 

“Termination Date” shall mean the date on which all Canadian Obligations are paid in
full in cash (other than Cash Management Obligations under Secured Cash Management Agreements,
Hedging Obligations under Secured Hedging Agreements or contingent indemnification obligations not
then due and payable) and the Total Revolving Credit Commitments and all Letters of Credit are
terminated (other than Letters of Credit that have been Cash Collateralized on terms set forth in
Section 3.7 of the Credit Agreement following the termination of the Total Revolving Credit
Commitments).

“Trademarks” shall mean (a) all Canadian registered trademarks, service marks, domain
names, trade names, corporate names, company names, business names, fictitious business names,
trade styles, trade dress, logos, slogans, other source or business identifiers, now existing or
hereafter adopted or acquired, and all recordings and applications for registration filed in
connection with the foregoing, including registrations, recordings and applications for
registration in the Canadian Intellectual Property Office, and all common-law rights related
thereto, (b) all goodwill associated therewith or symbolized thereby and (c) all extensions or
renewals thereof.

“Trade Secrets” shall mean all confidential and proprietary information, including
know-how, trade secrets, manufacturing and production processes and techniques, inventions,
research and development information, databases and data, including, without limitation, technical
data, financial, marketing and business data, pricing and cost information, business and marketing
plans and customer and supplier lists and information.

“Vehicles” shall mean all cars, trucks, trailers, and other vehicles and all tires and
other appurtenances to any of the foregoing.

(d) Where the context requires, terms relating to the Collateral or any part thereof, when
used in relation to a Canadian Grantor, shall refer to such Canadian Grantor’s Collateral or the
relevant part thereof.

2. Grant of Security Interest.

(a) As security for the prompt and complete payment when due (whether at the stated maturity,
by acceleration or otherwise) of the Canadian Obligations, each Canadian Grantor hereby transfers,
assigns, pledges, mortgages and hypothecates to the Canadian Collateral Agent, for the benefit of
the Secured Parties, and hereby grants to the Canadian Collateral Agent, for the benefit of the
Secured Parties, a security interest in and continuing lien on (the “Security Interest”)
all of such Canadian Grantor’s right, title and interest in (subject only to Permitted Liens) and
to all of the following whether now owned or anytime hereafter acquired or existing (collectively,
the “Collateral”):

(i) all Accounts;

(ii) all cash;

(iii) all Chattel Paper;

(iv) all deposit accounts;

 

-7-

 

(v) all Documents of Title;

(vi) all Equipment;

(vii) all fixtures;

(viii) all Goods;

(ix) all Instruments;

(x) all Patents, Trademarks, Copyrights and Trade Secrets;

(xi) all Intangibles;

(xii) all Intellectual Property;

(xiii) all Inventory;

(xiv) all Investment Property;

(xv) all letters of credit and rights thereto;

(xvi) all Money;

(xvii) all Securities Accounts;

(xviii) all books and records pertaining to the Collateral; and

(xix) to the extent not otherwise included, all Proceeds and products of any and all of
the foregoing and all collateral security and guarantees given by any Person with respect to
the foregoing;

provided, however, that notwithstanding any other provision of this Agreement the
Collateral shall not include any Excluded Assets.

(b) Each Canadian Grantor hereby irrevocably authorizes the Canadian Collateral Agent at any
time and from time to time to file in any relevant jurisdiction any financing statements with
respect to the Collateral or any part thereof and amendments thereto and renewals thereof that
contain the information required by the PPSA of each applicable jurisdiction for the filing of any
financing statement or amendment or renewal. Such financing statements may describe the Collateral
in the same manner as described herein or may contain an indication or description of collateral
that describes such property in any other manner such as “all assets” or “all personal property,
whether now owned or hereafter acquired” of such
Canadian Grantor or words of similar effect as being of an equal or lesser scope or with
greater detail and in the case of a financing statement covering the Collateral constituting
minerals or the like to be extracted or timber to be cut, a sufficient description of the real
property to which such Collateral relates. Each Canadian Grantor agrees to provide such
information to the Canadian Collateral Agent promptly upon request.

 

-8-

 

Each Canadian Grantor also ratifies any authorization previously given in writing to the
Canadian Collateral Agent to file in any relevant jurisdiction any financing statements or
amendments thereto or renewals thereof if filed prior to the date hereof.

The Canadian Collateral Agent is further authorized to file with the Canadian Intellectual
Property Office (or any successor office) such documents as may be necessary or advisable for the
purpose of perfecting, confirming, continuing, enforcing, protecting or providing notice of the
Security Interests granted by each Canadian Grantor hereunder, and naming any Canadian Grantor or
the Canadian Grantors as debtors and the Canadian Collateral Agent as secured party.

This Agreement secures the payment of all the Canadian Obligations. Without limiting the
generality of the foregoing, this Agreement secures the payment of all amounts that constitute part
of the Canadian Obligations and would be owed to the Canadian Collateral Agent or the Secured
Parties but for the fact that they are unenforceable or not allowable due to the existence of a
bankruptcy, insolvency, reorganization or similar proceeding involving any Canadian Grantor.

The Security Interests created hereby are granted as security only and shall not subject the
Canadian Collateral Agent or any other Canadian Secured Party to, or in any way alter or modify,
any obligation or liability of any Canadian Grantor with respect to or arising out of the
Collateral.

The Security Interests created hereby will not (a) extend or apply to the last day of the term
of any lease or any agreement to lease now held or hereafter acquired by the Canadian Grantors, but
should the Canadian Collateral Agent enforce this assignment and mortgage and charge, the
applicable Canadian Grantor will thereafter stand possessed of such last day and must hold it in
trust to assign it to the Canadian Collateral Agent or to any Person acquiring such term in the
course of the enforcement of this assignment and mortgage and charge, or (b) render the Canadian
Collateral Agent liable to observe or perform any term, covenant or condition of any agreement,
document or instrument to which such Canadian Grantor is a party or by which it is bound.

 

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3. Representations And Warranties.

Each Canadian Grantor hereby represents and warrants to the Canadian Collateral Agent and each
Secured Party that:

3.1. Title; No Other Liens. Except for (a) the Security Interest granted to the
Canadian Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, (b)
the Notes Liens, and (c) other Permitted Liens, such Canadian Grantor owns each item of the
Collateral free and clear of any and all Liens or claims of others. To the knowledge of such
Canadian Grantor, no action or proceeding seeking to limit, cancel or question the validity of
such Canadian Grantor’s ownership interest in the Collateral, that could reasonably be expected to
result in a Material Adverse Effect, is pending or threatened. None of the Canadian Grantors has
filed or consented to the filing of any (x) (A)security agreement, or (B) except in connection with
an anticipated refinancing, any financing statement or analogous document under the PPSA of any
jurisdiction or any other Applicable Laws covering any Collateral, (y) assignment for security in
which any Canadian Grantor assigns any Collateral or any security agreement or similar instrument
covering any Collateral with the Canadian Intellectual Property Office, which security agreement,
financing statement or similar instrument or assignment is still in effect or (z) assignment for
security in which any Canadian Grantor assigns any Collateral or any security agreement or similar
instrument covering any Collateral with any Governmental Authority, which financing statement or
analogous document, assignment, security agreement or similar instrument is still in effect, except
in the case of each of clauses (x), (y) and (z) above, such as have been filed in favour of the
Canadian Collateral Agent pursuant to this Agreement, the other Credit Documents or are filed in
respect of Permitted Liens.

3.2. Intellectual Property. (a) The Intellectual Property Collateral set forth on
(i) Schedule 1 hereto is a true and correct list of all patents, pending patent applications,
trademark registrations, pending trademark applications and copyright registrations (collectively,
the “Registered Intellectual Property”), in each case, owned by a Canadian Grantor in its
name as of the date hereof, and indicating for each such item, as applicable, the application
and/or registration number, date and jurisdiction of filing and/or issuance, the identity of the
current applicant or registered owner, and (ii) Schedule 2 hereto is a true and correct list of all
IP Agreements which accounted for aggregate revenue to the Company or any of its Subsidiaries of
more than $5,000,000 during the Company’s 2009 fiscal year (other than non-exclusive license
agreements or licenses of commercially available off-the-shelf software), in which a Canadian
Grantor is, as of the date hereof, the exclusive licensee of any Canadian patent, patent
application, trademark registration or application for registration, copyright registration or
application for registration (collectively, the “Exclusive IP Agreements”).

(b) Except as would not reasonably be expected to result in a Material Adverse Effect, the
Intellectual Property Collateral is subsisting and has not been adjudged invalid or unenforceable
in whole or in part.

(c) Except as would not reasonably be expected to result in a Material Adverse Effect, to such
Canadian Grantor’s knowledge, no Person is engaging in any activity that infringes, misappropriates
or otherwise violates the Intellectual Property Collateral or the Canadian Grantor’s rights in or
use thereof.

(d) Except as would not reasonably be expected to result in a Material Adverse Effect, to such
Canadian Grantor’s knowledge, no breach or default of any IP Agreement shall be caused by any of
the following, and none of the following shall limit or impair the ownership, use, validity or
enforceability of, or any rights of such Canadian Grantor in, any Intellectual Property Collateral:
(i) the consummation of the transactions contemplated by any Credit Document or (ii) any holding,
decision, judgment or order rendered by any Governmental Authority.

 

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3.3. Perfected Security Interests. (a) Subject to the limitations set forth in
clause (b) of this Section 3.3, the Security Interests granted pursuant to this Agreement (i) will
constitute valid perfected security interests in the Collateral in favour of the Canadian
Collateral Agent, for the benefit of the Secured Parties, as collateral security for the Canadian
Obligations, upon (A) in the case of Collateral in which a security interest may be perfected by
filing a financing statement under the PPSA, the filing of financing statements naming each
Canadian Grantor as “debtor” and the Canadian Collateral Agent as “secured party” and describing
the Collateral in the applicable filing offices, (B) in the case of Instruments, Chattel Paper and
Certificated Securities, the earlier of the delivery thereof to the Canadian Collateral Agent and
the filing of the financing statements referred to in clause (A), (C) in the case of Securities
Accounts, the execution of Securities Account Control Agreements, and/or (D) in the case of
Intellectual Property Collateral, the completion of the filing, registration and recording of fully
executed agreements in the form of the Intellectual Property Security Agreement set forth in
Exhibit 3 hereto in the Canadian Intellectual Property Office, and (ii) are prior to all other
Liens on the Collateral other than Permitted Liens having priority over the Canadian Collateral
Agent’s Lien by operation of law or otherwise as permitted under the Credit Agreement.

(b) Notwithstanding anything to the contrary herein, no Canadian Grantor shall be required to
perfect the Security Interests created hereby by any means other than (i) filings pursuant to the
PPSA of any applicable jurisdiction, (ii) filings with the Canadian Intellectual Property Office
with respect to Registered Intellectual Property, (iii) in the case of Collateral that constitutes
Deposit Accounts and Securities Accounts for which a Control Agreement is required pursuant to
Section 9.16 of the Credit Agreement, execute Deposit Account Control Agreements and Securities
Account Control Agreements, as applicable, (iv) in the case of Collateral that constitutes Chattel
Paper, Instruments, Certificated Securities or negotiable documents, in each case, to the extent
included in the Collateral and if the value of any such Chattel Paper, Instruments, Certificated
Securities or negotiable documents exceeds $5,000,000 (individually), delivery to the Canadian
Collateral Agent (or its non-fiduciary agent or designee) to be held in its possession in Canada,
(v) in the case of Collateral that consists of Letter of Credit Rights, taking the actions
specified in Section 4.5. No Canadian Grantor shall be required to (x) enter into any security
agreements governed under foreign law or (y) take any other actions in any foreign jurisdiction
(other than the United States) or required by foreign law (other than the laws of the United
States) to create any Security Interest in Collateral located or titled outside Canada or to
perfect or make enforceable any Security Interest.

(c) It is understood and agreed that the Security Interests created hereby shall not prevent
the Canadian Grantors from using the Collateral in the ordinary course of their respective
businesses or as otherwise permitted by the Credit Agreement.

(d) The Perfection Certificate has been duly prepared, completed and executed and the
information set forth therein (including (i) the exact legal name of each Canadian Grantor and (ii)
the jurisdiction of organization of each Canadian Grantor) is correct and complete as of the
Closing Date.

 

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3.4. Accounts. No amount payable in excess of $5,000,000 to such Canadian Grantor
under or in connection with any Account is evidenced by any Instrument or Chattel
Paper that has not been delivered to the Canadian Collateral Agent, properly endorsed for
transfer, to the extent delivery is required by the Canadian Pledge Agreement.

4. Covenants.

Each Canadian Grantor hereby covenants and agrees with the Canadian Collateral Agent and the
Secured Parties that, from and after the date of this Agreement until the Termination Date:

4.1. Maintenance of Perfected Security Interest; Further Documentation.
(a) Such Canadian Grantor shall maintain the Security Interests created hereby as perfected
security interests (subject to any Permitted Lien) and shall defend the Security Interests created
hereby and the priority thereof against the claims and demands not expressly permitted by the
Credit Agreement of all Persons whomsoever.

(b) Such Canadian Grantor will furnish to the Canadian Collateral Agent from time to time
statements and schedules further identifying and describing the assets and property of such
Canadian Grantor and such other reports in connection therewith as the Canadian Collateral Agent
may reasonably request.

(c) Each Canadian Grantor agrees that should it, after the date hereof, obtain an ownership
interest in any Registered Intellectual Property that would, had it been owned on the date hereof,
be considered a part of the Intellectual Property Collateral or should it become a party to any IP
Agreement which accounted for aggregate revenue to the Company or any of its Subsidiaries of more
than $5,000,000 during the Company’s 2009 fiscal year, or any other subsequent fiscal year, that
would, had such Canadian Grantor been a party to it on the date hereof, be considered an Exclusive
IP Agreement (“After-Acquired Intellectual Property Collateral”), such After-Acquired
Intellectual Property Collateral shall automatically become part of the Intellectual Property
Collateral, subject to the terms and conditions of this Agreement with respect thereto. In
addition, such Canadian Grantor shall, on each date that the Borrowers are required to deliver a
certificate of an Authorized Officer to the Canadian Administrative Agent pursuant to Section
9.1(e) of the Credit Agreement execute and deliver to the Canadian Collateral Agent agreements
substantially in the form of Exhibits 2 and 3 hereto covering such After-Acquired Intellectual
Property Collateral, with the agreement substantially in the form of Exhibit 3 hereto to be
recorded with the Canadian Intellectual Property Office and any other Governmental Authority
located in Canada necessary to perfect the Security Interest hereunder in any such After-Acquired
Intellectual Property Collateral which is Canadian Registered Intellectual Property.

(d) Subject to clause (e) below and Section 3.3(b), each Canadian Grantor agrees that at any
time and from time to time, at the expense of such Canadian Grantor, it will execute any and all
further documents, financing statements, agreements and instruments, and take all such further
actions (including the filing and recording of financing statements and other documents), which may
be required under any Applicable Law, or which the Canadian Collateral Agent or the Required
Lenders may reasonably request, in order (x) to grant, preserve, protect and perfect the validity
and priority of the Security Interests created or intended to be created hereby or (y) to enable
the Canadian Collateral Agent to exercise and enforce its rights and
remedies hereunder with respect to any Collateral, including the filing of any financing or
continuation statements under the PPSA in effect in any jurisdiction with respect to the Security
Interests created hereby, all at the expense of such Canadian Grantor. Without limiting the
generality of the foregoing, such Canadian Grantor shall comply with Section 9.14 of the Credit
Agreement.

 

-12-

 

(e) Notwithstanding anything in this Section 4.1 to the contrary, (i) with respect to any
assets acquired by such Canadian Grantor after the date hereof that are required by the Credit
Agreement to be subject to the Lien created hereby or (ii) with respect to any Person that,
subsequent to the date hereof, becomes a Subsidiary of the Canadian Borrowers that is required by
the Credit Agreement to become a party hereto, the relevant Canadian Grantor after the acquisition
or creation thereof shall promptly take all actions required by the Credit Agreement or this
Section 4.1.

4.2. Changes in Locations, Name, etc. Each Canadian Grantor will furnish to the
Canadian Collateral Agent prompt written notice of any change in its (i) organizational name, (ii)
jurisdiction of incorporation or organization or formation, (iii) identity or organizational
structure, (iv) business number or corporate or other identification number or (v) chief executive
office or any locations in which it has Collateral. Each Canadian Grantor agrees to make all
filings under the PPSA or otherwise that are required by Applicable Law in order for the Canadian
Collateral Agent to continue at all times following such change to have a valid, legal and
perfected Security Interest in all of the Collateral (subject to Permitted Liens).

4.3. Notices. (a) Each Canadian Grantor will advise the Canadian Collateral Agent in
reasonable detail, of any Lien of which it has knowledge (other than the Security Interests created
hereby and other Permitted Liens) on any of the Collateral which would adversely affect, in any
material respect, the ability of the Canadian Collateral Agent to exercise any of its remedies
hereunder.

(b) Upon the occurrence and during the continuation of any Event of Default, and after written
notice is delivered to the applicable Canadian Grantor, all insurance payments in respect of any
Equipment shall be paid to and applied by the Canadian Collateral Agent as specified in Section
5.4.

4.4. Intellectual Property. (a) With respect to each item of Intellectual Property
Collateral owned by each Canadian Grantor, each Canadian Grantor agrees to take, at its expense,
all commercially reasonable steps, including, as applicable, in the Canadian Intellectual Property
Office and any other Governmental Authority located in Canada, to (i) maintain the validity and
enforceability of such Intellectual Property Collateral and maintain such Intellectual Property
Collateral in full force and effect, and (ii) pursue the registration and maintenance of each
Patent, Trademark, or Copyright registration or application for registration, now or hereafter
included in such Intellectual Property Collateral of such in each case, except to the extent such
Canadian Grantor determines in its reasonable business judgment that the pursuit or maintenance of
such Intellectual Property Collateral is no longer desirable in the conduct of such Canadian
Grantor’s business.

 

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(b) Such Canadian Grantor shall (and shall cause all its licensees to), in such Grantor’s
reasonable business judgment (i) (1) continue to use each Trademark included in the Intellectual
Property Collateral in order to maintain such Trademark in full force and effect with respect to
each class of goods for which such Trademark is currently used, free from any claim of abandonment
for non-use, (2) maintain at least the same standards of quality of products and services offered
under such Trademark as are currently maintained, (3) use such Trademark with the appropriate
notice of registration and all other notices and legends to the extent required by Applicable Law,
(4) not adopt or use any other Trademark that is confusingly similar or a colorable imitation of
such Trademark unless the Canadian Collateral Agent shall obtain a perfected Security Interest in
such other Trademark pursuant to this Agreement and (ii) not do any act or omit to do any act
whereby (w) such Trademark (or any goodwill associated therewith) may become destroyed,
invalidated, impaired or harmed in any way, (x) any Patent included in the Intellectual Property
Collateral may become forfeited, misused, unenforceable, abandoned or dedicated to the public or
(y) any portion of the Copyrights included in the Intellectual Property Collateral may become
invalidated, otherwise impaired or fall into the public domain, except in each case to the extent
failure to do any of the foregoing would not reasonably be expected to result in a Material Adverse
Effect.

(c) No Canadian Grantor shall discontinue use of or otherwise abandon any owned Intellectual
Property Collateral unless such Canadian Grantor shall have previously determined that such use or
the pursuit or maintenance of such Intellectual Property Collateral is no longer desirable in the
conduct of such Canadian Grantor’s business except to the extent failure to do so would not
reasonably be expected to result in a Material Adverse Effect.

(d) In the event that any Canadian Grantor becomes aware after the date hereof that any item
of its material Intellectual Property Collateral is being infringed or misappropriated by a third
party in any way that would reasonably be expected to have a Material Adverse Effect, such Canadian
Grantor shall promptly notify the Canadian Collateral Agent and take such actions, at its expense,
as such Canadian Grantor deems reasonable and appropriate under the circumstances to protect or
enforce such Intellectual Property Collateral, including, if such Canadian Grantor deems it
necessary, suing for infringement or misappropriation and for an injunction against such
infringement or misappropriation.

(e) With respect to its Canadian Registered Intellectual Property owned by such Canadian
Grantor in its own name on the date hereof, each Canadian Grantor agrees to execute or otherwise
authenticate an agreement, in substantially the form set forth in Exhibit 3 hereto (an
“Intellectual Property Security Agreement”), for recording the Security Interest granted
hereunder to the Canadian Collateral Agent in such Canadian Registered Intellectual Property with
the Canadian Intellectual Property Office and any other Governmental Authority located in Canada
necessary to perfect the Security Interest hereunder in such Registered Intellectual Property
except to the extent failure to do so would not reasonably be expected to result in a Material
Adverse Effect.

 

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4.5. Letter-of-Credit Rights. If any Canadian Grantor is or becomes the beneficiary
of a letter of credit having a face amount in excess of $5,000,000, which Letter of Credit Rights
with respect to any Collateral in which the Security Interest is perfected, such Canadian Grantor
shall promptly notify the Canadian Collateral Agent thereof and such
Canadian Grantor shall, at the request of the Canadian Collateral Agent, pursuant to an
agreement in form and substance reasonably satisfactory to the Canadian Collateral Agent, use
commercially reasonable efforts to cause the issuer and/or confirmation bank to either (i) consent
to the assignment of any Letter of Credit Rights to the Canadian Collateral Agent or (ii) agree to
direct all payments thereunder following the occurrence and during the continuance of an Event of
Default to an account as directed by the Canadian Collateral Agent for application to the
Obligations, in accordance with the provisions of the Credit Agreement.

4.6. [Intentionally deleted.]

5. Remedial Provisions.

5.1. Certain Matters Relating to Accounts. (a) At any time after the occurrence and
during the continuation of an Event of Default after written notice is delivered to the Canadian
Grantor, the Canadian Collateral Agent shall have the right to make test verifications of the
Accounts in any manner and through any medium that it reasonably considers advisable, and each
Canadian Grantor shall furnish all such assistance and information as the Canadian Collateral Agent
may reasonably require in connection with such test verifications. The Canadian Collateral Agent
shall have the absolute right to share any information it gains from such inspection or
verification with any Secured Party.

(b) The Canadian Collateral Agent hereby authorizes each Canadian Grantor to collect such
Canadian Grantor’s Accounts and the Canadian Collateral Agent may curtail or terminate said
authority at any time upon notice after the occurrence and during the continuation of an Event of
Default. If required in writing by the Canadian Collateral Agent at any time after the occurrence
and during the continuation of an Event of Default, any payments of Accounts, when collected by any
Canadian Grantor, (i) shall be forthwith (and, in any event, within two Business Days) deposited by
such Canadian Grantor in the exact form received, duly endorsed by such Canadian Grantor to the
Canadian Collateral Agent if required, in a Collateral Account maintained under the sole dominion
and control of and on terms and conditions reasonably satisfactory to the Canadian Collateral
Agent, subject to withdrawal by the Canadian Collateral Agent for the account of the Secured
Parties only as provided in Section 5.4, and (ii) until so turned over, shall be held by such
Canadian Grantor in trust for the Canadian Collateral Agent and the other Secured Parties,
segregated from other funds of such Canadian Grantor. Each such deposit of Proceeds of Accounts
shall be accompanied by a report identifying in reasonable detail the nature and source of the
payments included in the deposit.

(c) At the Canadian Collateral Agent’s written request at any time after the occurrence and
during the continuation of an Event of Default, each Canadian Grantor shall deliver to the Canadian
Collateral Agent all original and other documents evidencing, and relating to, the agreements and
transactions which gave rise to the Accounts, including all original orders, invoices and shipping
receipts.

(d) Upon the occurrence and during the continuation of an Event of Default, a Canadian Grantor
shall not grant any extension of the time of payment of any of the Accounts, compromise, compound
or settle the same for less than the full amount thereof, release, wholly or partly, any person
liable for the payment thereof, or allow any credit or discount whatsoever
thereon if the Canadian Collateral Agent shall have instructed the Canadian Grantors in
writing not to grant or make any such extension, credit, discount, compromise, or settlement under
any circumstances during the continuation of such Event of Default.

 

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5.2. Communications with Obligors; Canadian Grantors Remain Liable. (a) The Canadian
Collateral Agent in its own name or in the name of others may at any time after the occurrence and
during the continuation of an Event of Default, after giving reasonable written notice to the
relevant Canadian Grantor of its intent to do so, communicate with obligors under the Accounts to
verify with them to the Canadian Collateral Agent’s satisfaction the existence, amount and terms of
any Accounts. The Canadian Collateral Agent shall have the absolute right to share any information
it gains from such inspection or verification with any Canadian Secured Party; provided, that the
provisions of Section 13.16 of the Credit Agreement shall apply to such information.

(b) Upon the written request of the Canadian Collateral Agent at any time after the occurrence
and during the continuation of an Event of Default, each Canadian Grantor shall notify obligors on
the Accounts that the Accounts have been assigned to the Canadian Collateral Agent, for the benefit
of the Secured Parties, and that payments in respect thereof shall be made directly to the Canadian
Collateral Agent and may enforce such Canadian Grantor’s rights against such obligors.

(c) Anything herein to the contrary notwithstanding, each Canadian Grantor shall remain liable
under each of the Accounts to observe and perform all the conditions and obligations to be observed
and performed by it thereunder, all in accordance with the terms of any agreement giving rise
thereto. Neither the Canadian Collateral Agent nor any Canadian Secured Party shall have any
obligation or liability under any Account (or any agreement giving rise thereto) by reason of or
arising out of this Agreement or the receipt by the Canadian Collateral Agent or any Canadian
Secured Party of any payment relating thereto, nor shall the Canadian Collateral Agent or any
Canadian Secured Party be obligated in any manner to perform any of the obligations of any Canadian
Grantor under or pursuant to any Account (or any agreement giving rise thereto), to make any
payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or
as to the sufficiency of any performance by any party thereunder, to present or file any claim, to
take any action to enforce any performance or to collect the payment of any amounts which may have
been assigned to it or to which it may be entitled at any time or times.

5.3. Proceeds to be Turned Over To Canadian Collateral Agent. In addition to the
rights of the Canadian Collateral Agent and the other Secured Parties specified in Section 5.1 with
respect to payments of Accounts, if an Event of Default shall occur and be continuing and the
Canadian Collateral Agent so requires by notice in writing to the relevant Canadian Grantor (it
being understood that the exercise of remedies by the Secured Parties in connection with an Event
of Default under Section 11.5 of the Credit Agreement shall be deemed to constitute a request by
the Canadian Collateral Agent for the purposes of this sentence and in such circumstances, no such
written notice shall be required), all Proceeds received by any Canadian Grantor consisting of
cash, cheques and other near-cash items shall be held by such Canadian Grantor in trust for the
Canadian Collateral Agent and the other Secured Parties, segregated from other funds of such
Canadian Grantor, and shall, forthwith upon receipt by such Canadian
Grantor, be turned over to the Canadian Collateral Agent in the exact form received by such
Canadian Grantor (duly endorsed by such Grantor to the Canadian Collateral Agent, if required).
All Proceeds received by the Canadian Collateral Agent hereunder shall be held by the Canadian
Collateral Agent in a Collateral Account maintained under its sole dominion and control and on
terms and conditions reasonably satisfactory to the Canadian Collateral Agent. All Proceeds while
held by the Canadian Collateral Agent in a Collateral Account (or by such Canadian Grantor in trust
for the Canadian Collateral Agent and the other Secured Parties) shall continue to be held as
collateral security for all the Canadian Obligations and shall not constitute payment thereof until
applied as provided in Section 5.4.

 

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5.4. Application of Proceeds. (a) Except as expressly provided elsewhere in this
Agreement or any other Credit Document, all proceeds received by the Canadian Collateral Agent in
respect of any sale of, collection from or other realization upon all or any part of the Collateral
shall be applied as follows:

(i) FIRST, to the payment of all reasonable and documented out-of-pocket costs and
expenses incurred by the Canadian Collateral Agent and Canadian Administrative Agent in
connection with such sale, collection or realization or otherwise in connection with this
Agreement, the other Canadian Security Documents or any of the Canadian Obligations,
including all court costs and the reasonable and documented fees and expenses of its agents
and legal counsel, the repayment of all advances made by the Canadian Collateral Agent
hereunder or under any other Canadian Security Document on behalf of any Canadian Grantor
and any other reasonable and documented out-of-pocket costs or expenses incurred in
connection with the exercise of any right or remedy hereunder or under any other Canadian
Security Document;

(ii) SECOND, to the Secured Parties, an amount equal to all Canadian Obligations (other
than Cash Management Obligations of a Canadian Grantor under a Secured Cash Management
Agreement and all Hedging Obligations of a Canadian Grantor under each Secured Hedging
Agreement) owing to them on the date of any such distribution, and, if such moneys shall be
insufficient to pay such amounts in full, then ratably (without priority of any one over any
other) to such Secured Parties in proportion to the unpaid amounts thereof;

(iii) THIRD, to the Secured Parties, an amount equal to all Cash Management Obligations
of a Canadian Grantor under each Secured Cash Management Agreement and all Hedging
Obligations of a Canadian Grantor under each Secured Hedging Agreement owing to them on the
date of any such distribution, and, if such money shall be insufficient to pay such amounts
in full, then ratably (without priority of any one over any other) to such Secured Parties
in proportion to the unpaid amounts thereof; and

(iv) FOURTH, any surplus then remaining shall be paid to the Canadian Grantors or their
successors or assigns or to whomsoever may be lawfully entitled to receive the same or as a
court of competent jurisdiction may direct.

 

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(b) Upon any sale of the Collateral by the Canadian Collateral Agent (including pursuant to a
power of sale granted by statute or under a judicial proceeding), the receipt of the Canadian
Collateral Agent or of the officer making the sale shall be a sufficient discharge to the purchaser
or purchasers of the Collateral so sold and such purchaser or purchasers shall not be obligated to
see to the application of any part of the purchase money paid over to the Canadian Collateral Agent
or such officer or be answerable in any way for the misapplication thereof.

5.5. PPSA and Other Remedies. If an Event of Default shall occur and be continuing,
the Canadian Collateral Agent may exercise in respect of the Collateral, in addition to all other
rights and remedies provided for herein or otherwise available to it, all the rights and remedies
of a secured party upon default under the PPSA or any other Applicable Law or in equity and also
may without demand of performance or other demand, presentment, protest, advertisement or notice of
any kind except as specified below, sell the Collateral or any part thereof in one or more parcels
at public or private sale, at any exchange broker’s board or at any of the Canadian Collateral
Agent’s offices or elsewhere, for cash, on credit or for future delivery, at such price or prices
and upon such other terms as are commercially reasonable irrespective of the impact of any such
sales on the market price of the Collateral. The Canadian Collateral Agent shall be authorized at
any such sale (if it deems it advisable to do so) to restrict the prospective bidders or purchasers
of Collateral to Persons who will represent and agree that they are purchasing the Collateral for
their own account for investment and not with a view to the distribution or sale thereof, and, upon
consummation of any such sale, the Canadian Collateral Agent shall have the right to assign,
transfer and deliver to the purchaser or purchasers thereof the Collateral so sold. Each purchaser
at any such sale shall hold the property sold absolutely free from any claim or right on the part
of any Canadian Grantor, and each Canadian Grantor hereby waives (to the extent permitted by
Applicable Law) all rights of redemption, stay and/or appraisal that it now has or may at any time
in the future have under any rule of law or statute now existing or hereafter enacted. The
Canadian Collateral Agent or any Canadian Secured Party shall have the right upon any such public
sale, and, to the extent permitted by Applicable Law, upon any such private sale, to purchase the
whole or any part of the Collateral so sold, and the Canadian Collateral Agent or such Secured
Party may subject to (x) the satisfaction in full in cash of all payments due pursuant to Section
5.4(a)(i) hereof and (y) the satisfaction of the Canadian Obligations in accordance with the
priorities set forth in Section 5.4(a) hereof, pay the purchase price by crediting the amount
thereof against the Canadian Obligations. Each Canadian Grantor agrees that, to the extent notice
of sale shall be required by law, at least ten days’ notice to such Canadian Grantor of the time
and place of any public sale or the time after which any private sale is to be made shall
constitute reasonable notification. The Canadian Collateral Agent shall not be obligated to make
any sale of Collateral regardless of notice of sale having been given. The Canadian Collateral
Agent may adjourn any public or private sale from time to time by announcement at the time and
place fixed therefor, and such sale may, without further notice, be made at the time and place to
which it was so adjourned. To the extent permitted by Applicable Law, each Canadian Grantor hereby
waives any claim against the Canadian Collateral Agent arising by reason of the fact that the price
at which any Collateral may have been sold at such a private sale was less than the price that
might have been obtained at a public sale, even if the Canadian Collateral Agent accepts the first
offer received and does not offer such Collateral to more than one offeree. Each Canadian Grantor
further agrees, at the Canadian Collateral Agent’s request, to assemble the Collateral and make it
available to the Canadian
Collateral Agent at places which the Canadian Collateral Agent shall reasonably select,
whether at such Canadian Grantor’s premises or elsewhere. The Canadian Collateral Agent shall
apply the net proceeds of any action taken by it pursuant to this Section 5.5 in accordance with
the provisions of Section 5.4 hereof. As an alternative to exercising the power of sale herein
conferred upon it, the Canadian Collateral Agent may proceed by a suit or suits at law or in equity
to foreclose this Agreement and to sell the Collateral or any portion thereof pursuant to a
judgment or decree of a court or courts having competent jurisdiction or pursuant to a proceeding
by a court-appointed receiver.

 

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5.6. Deficiency. Each Canadian Grantor shall remain liable for any deficiency if the
proceeds of any sale or other disposition of the Collateral are insufficient to pay the Canadian
Obligations and the fees and disbursements of any attorneys employed by the Canadian Collateral
Agent or any Secured Party to collect such deficiency.

5.7. Amendments, etc. with Respect to the Canadian Obligations; Waiver of Rights.
Each Canadian Grantor shall remain obligated hereunder notwithstanding that, without any
reservation of rights against any Canadian Grantor and without notice to or further assent by any
Canadian Grantor, (a) any demand for payment of any of the Canadian Obligations made by the
Canadian Collateral Agent or any other Canadian Secured Party may be rescinded by such party and
any of the Canadian Obligations continued, (b) the Canadian Obligations, or the liability of any
other party upon or for any part thereof, or any collateral security or guarantee therefor or right
of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended,
amended, modified, accelerated, compromised, waived, surrendered or released by the Canadian
Collateral Agent or any other Canadian Secured Party, (c) the Secured Debt Documents and any other
documents executed and delivered in connection therewith may be amended, modified, supplemented or
terminated, in whole or in part, in accordance with the terms of the applicable Secured Debt
Document, and (d) any collateral security, guarantee or right of offset at any time held by the
Canadian Collateral Agent or any other Canadian Secured Party for the payment of the Canadian
Obligations may be sold, exchanged, waived, surrendered or released. Neither the Canadian
Collateral Agent nor any other Canadian Secured Party shall have any obligation to protect, perfect
or insure any Lien at any time held by it as security for the Canadian Obligations or for this
Agreement or any property subject thereto. When making any demand hereunder against any Canadian
Grantor, the Canadian Collateral Agent or any other Canadian Secured Party, may, but shall be under
no obligation to, make a similar demand on the Canadian Borrowers or any other Canadian Grantor,
and any failure by the Canadian Collateral Agent or any other Canadian Secured Party to make any
such demand or to collect any payments from the Canadian Borrowers or any other Canadian Grantor or
any release of the Canadian Borrowers or any other Canadian Grantor shall not relieve any Canadian
Grantor in respect of which a demand or collection is not made or any Canadian Grantor not so
released of its several obligations or liabilities hereunder, and shall not impair or affect the
rights and remedies, express or implied, or as a matter of law, of the Canadian Collateral Agent or
any other Canadian Secured Party against any Canadian Grantor. For the purpose hereof “demand”
shall include the commencement and continuance of any legal proceedings.

5.8. Conflict with Credit Agreement. In the event of any conflict between the terms
of this Section 5 and the Credit Agreement, the Credit Agreement shall prevail.
Notwithstanding the foregoing, and for greater certainty, in no event shall the proceeds of
any Collateral pledged by any Canadian Grantor be used to satisfy any US Obligations.

 

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6. The Canadian Collateral Agent.

6.1. Canadian Collateral Agent’s Appointment as Attorney-in-Fact, etc. (a) Each
Canadian Grantor hereby appoints, which appointment is irrevocable and coupled with an interest,
effective upon the occurrence and during the continuation of an Event of Default, the Canadian
Collateral Agent and any officer or agent thereof, with full power of substitution, as its true and
lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such
Canadian Grantor and in the name of such Canadian Grantor or otherwise, for the purpose of carrying
out the terms of this Agreement and the other Credit Documents, to take any and all appropriate
action and to execute any and all documents and instruments which the Canadian Collateral Agent may
deem necessary or desirable to accomplish the purposes of this Agreement and the other Credit
Documents, and, without limiting the generality of the foregoing, each Canadian Grantor hereby
gives the Canadian Collateral Agent the power and right, on behalf of such Canadian Grantor, either
in the Canadian Collateral Agent’s name or in the name of such Canadian Grantor or otherwise,
without assent by such Canadian Grantor, to do any or all of the following at the same time or at
different times, in each case after the occurrence and during the continuation of an Event of
Default and after written notice by the Canadian Collateral Agent of its intent to do so:

(i) take possession of and endorse and collect any cheques, drafts, notes, acceptances
or other instruments for the payment of moneys due under any Account or with respect to any
other Collateral and file any claim or take any other action or proceeding in any court of
law or equity or otherwise deemed appropriate by the Canadian Collateral Agent for the
purpose of collecting any and all such moneys due under any Account or with respect to any
other Collateral whenever payable;

(ii) in the case of any Patents, Trademarks or Copyrights, execute and deliver, and
have recorded, any and all agreements, instruments, documents and papers as the Canadian
Collateral Agent may reasonably request to evidence the Canadian Collateral Agent’s and the
Secured Parties’ Security Interest in such Patents, Trademarks or Copyrights and the
goodwill and general intangibles of such Canadian Grantor relating thereto or represented
thereby;

(iii) pay or discharge taxes and Liens levied or placed on or threatened against any
Collateral;

(iv) execute, in connection with any sale provided for in Section 5.5, any
endorsements, assignments or other instruments of conveyance or transfer with respect to the
Collateral;

(v) obtain, pay and adjust insurance required to be maintained by such Canadian Grantor
or paid to the Canadian Collateral Agent pursuant to the Credit Agreement;

 

-20-

 

(vi) send verifications of Accounts to any Person who is or who may become obligated to
any Canadian Grantor under, with respect to or on account of an Account;

(vii) direct any party liable for any payment under any of the Collateral to make
payment of any and all moneys due or to become due thereunder directly to the Canadian
Collateral Agent or as the Canadian Collateral Agent shall direct;

(viii) ask or demand for, collect and receive payment of and receipt for, any and all
moneys, claims and other amounts due or to become due at any time in respect of or arising
out of any Collateral;

(ix) sign and endorse any invoices, freight or express bills, bills of lading, storage
or warehouse receipts, drafts against debtors, assignments, verifications, notices and other
documents in connection with any of the Collateral;

(x) commence and prosecute any suits, actions or proceedings at law or in equity in any
court of competent jurisdiction to collect the Collateral or any portion thereof and to
enforce any other right in respect of any Collateral;

(xi) defend any suit, action or proceeding brought against such Canadian Grantor with
respect to any Collateral (with such Canadian Grantor’s consent (not to be unreasonably
withheld or delayed) to the extent such action or its resolution could materially affect
such Canadian Grantor or any of its Affiliates in any manner other than with respect to its
continuing rights in such Collateral; provided that such consent right shall not
limit any other rights or remedies available to the Canadian Collateral Agent at law);

(xii) settle, compromise or adjust any such suit, action or proceeding and, in
connection therewith, give such discharges or releases as the Canadian Collateral Agent may
deem appropriate (with such Canadian Grantor’s consent (not to be unreasonably withheld or
delayed) to the extent such action or its resolution could materially affect such Canadian
Grantor or any of its Affiliates in any manner other than with respect to its continuing
rights in such Collateral; provided that such consent right shall not limit any
other rights or remedies available to the Canadian Collateral Agent at law);

(xiii) assign any Intellectual Property Collateral throughout the world for such term
or terms, on such conditions, and in such manner, as the Canadian Collateral Agent shall in
its reasonable business discretion determine; and

(xiv) generally, sell, transfer, pledge and make any agreement with respect to or
otherwise deal with any of the Collateral as fully and completely as though the Canadian
Collateral Agent were the absolute owner thereof for all purposes, and do, at the Canadian
Collateral Agent’s option and such Canadian Grantor’s expense, at any time, or from time to
time, all acts and things that the Canadian Collateral Agent deems necessary to protect,
preserve or realize upon the Collateral and the Canadian Collateral
Agent’s and the Secured Parties’ Security Interests therein and to effect the intent of
this Agreement, all as fully and effectively as such Canadian Grantor might do.

 

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Anything in this Section 6.l(a) to the contrary notwithstanding, the Canadian Collateral Agent
agrees that it will not exercise any rights under the power of attorney provided for in this
Section 6.1(a) unless an Event of Default shall have occurred and be continuing.

(b) If any Canadian Grantor fails to perform or comply with any of its agreements contained
herein, the Canadian Collateral Agent, at its option, but without any obligation so to do, may
perform or comply, or otherwise cause performance or compliance, with such agreement.

(c) The expenses of the Canadian Collateral Agent incurred in connection with actions
undertaken as provided in this Section 6.1, together with interest thereon at a rate per annum
equal to the highest rate per annum at which interest would then be payable on any category of past
due Canadian Base Rate Loans under the Credit Agreement, from the date of payment by the Canadian
Collateral Agent to the date reimbursed by the relevant Canadian Grantor, shall be payable by such
Canadian Grantor to the Canadian Collateral Agent on demand.

(d) Each Canadian Grantor hereby ratifies all that said attorney shall lawfully do or cause to
be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are
coupled with an interest and are irrevocable until this Agreement is terminated and the Security
Interests created hereby are released.

6.2. Duty of Canadian Collateral Agent. The Canadian Collateral Agent’s sole duty
with respect to the custody, safekeeping and physical preservation of the Collateral in its
possession, under PPSA or otherwise, shall be to deal with it in the same manner as the Canadian
Collateral Agent deals with similar property for its own account. The Canadian Collateral Agent
shall be deemed to have exercised reasonable care in the custody and preservation of any Collateral
in its possession if such Collateral is accorded treatment substantially equal to that which the
Canadian Collateral Agent accords its own property. Neither the Canadian Collateral Agent, any
other Canadian Secured Party nor any of their respective officers, directors, employees or agents
shall be liable for failure to demand, collect or realize upon any of the Collateral or for any
delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral
upon the request of any Canadian Grantor or any other Person or to take any other action whatsoever
with regard to the Collateral or any part thereof. The powers conferred on the Canadian Collateral
Agent and the other Secured Parties hereunder are solely to protect the Canadian Collateral Agent’s
and the other Secured Parties’ interests in the Collateral and shall not impose any duty upon the
Canadian Collateral Agent or any other Canadian Secured Party to exercise any such powers. The
Canadian Collateral Agent and the other Secured Parties shall be accountable only for amounts that
they actually receive as a result of the exercise of such powers, and neither they nor any of their
officers, directors, employees or agents shall be responsible to any Canadian Grantor for any act
or failure to act hereunder, except for their own gross negligence or willful misconduct.

 

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6.3. Authority of Canadian Collateral Agent. Each Canadian Grantor acknowledges that
the rights and responsibilities of the Canadian Collateral Agent under this Agreement with respect
to any action taken by the Canadian Collateral Agent or the exercise or non-exercise by the
Canadian Collateral Agent of any option, voting right, request, judgment or other right or remedy
provided for herein or resulting or arising out of this Agreement shall, as between the Canadian
Collateral Agent and the other Secured Parties, be governed by this Agreement and by such other
agreements with respect thereto as may exist from time to time among them, but, as between the
Canadian Collateral Agent and the Canadian Grantors, the Canadian Collateral Agent shall be
conclusively presumed to be acting as agent for the Secured Parties with full and valid authority
so to act or refrain from acting, and no Canadian Grantor shall be under any obligation, or
entitlement, to make any inquiry respecting such authority.

6.4. Security Interest Absolute. All rights of the Canadian Collateral Agent
hereunder, the Security Interests created hereby and all obligations of the Canadian Grantors
hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or
enforceability of the Credit Agreement, any other Credit Document, any agreement with respect to
any of the Canadian Obligations or any other agreement or instrument relating to any of the
foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all
or any of the Canadian Obligations, or any other amendment or waiver of or any consent to any
departure from the Credit Agreement, any other Credit Document or any other agreement or
instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any
release or amendment or waiver of or consent under or departure from any guarantee, securing or
guaranteeing all or any of the Canadian Obligations, or (d) any other circumstance that might
otherwise constitute a defense available to, or a discharge of, any Canadian Grantor in respect of
the Canadian Obligations or this Agreement.

6.5. Continuing Security Interest; Assignments Under the Secured Debt Documents;
Release. (a) This Agreement shall remain in full force and effect and be binding in
accordance with and to the extent of its terms upon each Canadian Grantor and the successors and
assigns thereof and shall inure to the benefit of the Canadian Collateral Agent and the other
Secured Parties and their respective successors, endorsees, transferees and assigns until the
Termination Date.

(b) A Canadian Subsidiary Grantor shall automatically be released from its obligations
hereunder and the Security Interests in the Collateral of such Canadian Subsidiary Grantor created
hereby shall be automatically released upon the consummation of any transaction permitted by the
Credit Agreement, as a result of which such Canadian Subsidiary Grantor ceases to be a Restricted
Subsidiary of the Company or otherwise becomes an Excluded Subsidiary; provided that the Required
Lenders shall have consented to such transaction (to the extent such consent is required by the
Credit Agreement) and the terms of such consent did not provide otherwise.

(c) The Security Interests in Collateral created hereby shall be automatically released and
such Collateral sold free and clear of the Lien and Security Interests created hereby (i) upon any
Disposition by any Canadian Grantor of any Collateral that is permitted under the Credit Agreement
(other than to the Company or any Canadian Subsidiary Grantor), (ii) to the extent such Collateral
is comprised of property leased to a Credit Party, upon termination or
expiration of such lease, (iii) if the release of such Lien is approved, authorized or
ratified in writing by the Required Lenders (or such other percentage of the Lenders whose consent
may be required in accordance with Section 13.1), and (iv) as required by the Canadian Collateral
Agent to effect any Disposition of Collateral in connection with any exercise of remedies of the
Canadian Collateral Agent pursuant to this Agreement or any of the other Security Documents.

 

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(d) In connection with any termination or release pursuant to paragraph (a), (b) or (c), the
Canadian Collateral Agent shall execute and deliver to any Canadian Grantor, at such Canadian
Grantor’s expense, all documents that such Canadian Grantor shall reasonably request to evidence
such termination or release provided, however, that with respect to the release of any item of
Collateral pursuant to Section 6.5(c) in connection with any request of evidence of termination or
release made of the Canadian Collateral Agent, the Canadian Collateral Agent may request that the
Canadian Grantor deliver a certificate of an Authorized Officer to the effect that the sale or
transfer transaction is in compliance with the Credit Documents and as to such other matters as the
Canadian Collateral Agent may request. Any execution and delivery of documents pursuant to this
Section 6.5 shall be without recourse to or warranty by the Canadian Collateral Agent.

6.6. Reinstatement. This Agreement shall continue to be effective, or be reinstated,
as the case may be, if at any time payment, or any part thereof, of any of the Canadian Obligations
is rescinded or must otherwise be restored or returned by the Canadian Collateral Agent or any
other Canadian Secured Party upon the insolvency, bankruptcy, dissolution, liquidation or
reorganization of any of the Canadian Borrowers or any other Canadian Grantor, or upon or as a
result of the appointment of a receiver, receiver-manager, intervenor or conservator of, or trustee
or similar officer for, any of the Canadian Borrowers or any other Canadian Grantor or any
substantial part of its property, or otherwise, all as though such payments had not been made.

6.7. Appointment of a Receiver. The Canadian Collateral Agent may seek the
appointment of a receiver, receiver-manager or keeper (a “Receiver”) under the laws of
Canada or any Province thereof to take possession of all or any portion of the Collateral of the
Canadian Grantor or to operate same and, to the maximum extent permitted by law, may seek the
appointment of such a receiver without the requirement of prior notice or a hearing. Any such
Receiver shall, so far as concerns responsibility for his/her acts, be deemed agent of the Canadian
Grantor and not the Canadian Collateral Agent and the Secured Parties, and the Canadian Collateral
Agent and the Secured Parties shall not be in any way responsible for any misconduct, negligence or
non-feasance on the part of any such Receiver, his/her servants or employees other than for gross
negligence or wilful misconduct. Subject to the provisions of the instrument appointing him/her,
any such Receiver shall have power to take possession of Collateral of the Canadian Grantor, to
preserve Collateral of the Canadian Grantor or its value, to carry on or concur in carrying on all
or any part of the business of the Canadian Grantor and to sell, lease, license or otherwise
dispose of or concur in selling, leasing, licensing or otherwise disposing of Collateral of the
Canadian Grantor. To facilitate the forgoing powers, any such Receiver may, to the exclusion of
all others, including the Canadian Grantor, enter upon, use and occupy all premises owned or
occupied by the Canadian Grantor wherein Collateral of the Canadian Grantor may be situated,
maintain Collateral of the Canadian Grantor upon such premises, borrow money on its own behalf or
on behalf of the Secured Parties on a secured or
unsecured basis and use Collateral of the Canadian Grantor directly in carrying on the
Canadian Grantor’s business or as security for loans or advances to enable the Receiver to carry on
the Canadian Grantor’s business or otherwise, as such Receiver shall, in its discretion, determine.
Except as may be otherwise directed by Agent, all money received from time to time by such
Receiver in carrying out his/her appointment shall be received in trust for and paid over to Agent.
Every such Receiver may, in the discretion of the Canadian Collateral Agent, be vested with all or
any of the rights and powers of the Canadian Collateral Agent and the Secured Parties. The
Canadian Collateral Agent may, either directly or through its nominees, exercise any or all powers
and rights given to a receiver by virtue of the foregoing provisions of this paragraph.

 

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7. Miscellaneous.

7.1. Amendments in Writing. None of the terms or provisions of this Agreement may be
waived, amended, supplemented or otherwise modified except by a written instrument executed by the
affected Canadian Grantor and the Canadian Collateral Agent in accordance with Section 13.1 of the
Credit Agreement; provided, however, that this Agreement may be supplemented (but
no existing provisions may be modified and no Collateral may be released) through agreements
substantially in the form of Exhibit 1 and Exhibit 2, respectively, in each case duly executed by
each Canadian Grantor directly affected thereby.

7.2. Notices. All notices, requests and demands pursuant hereto shall be made in
accordance with Section 13.2 of the Credit Agreement. All communications and notices hereunder to
any Canadian Subsidiary Grantor shall be given to it in care of the Company at the Company’s
addresses set forth in Section 13.2 of the Credit Agreement.

7.3. No Waiver by Course of Conduct; Cumulative Remedies. Neither the Canadian
Collateral Agent nor any other Canadian Secured Party shall by any act (except by a written
instrument pursuant to Section 7.1 hereof), delay, indulgence, omission or otherwise be deemed to
have waived any right or remedy hereunder or to have acquiesced in any Event of Default or in any
breach of any of the terms and conditions hereof or of any other applicable Secured Debt Document.
No failure to exercise, nor any delay in exercising, on the part of the Canadian Collateral Agent
or any other Canadian Secured Party, any right, power or privilege hereunder shall operate as a
waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall
preclude any other or further exercise thereof or the exercise of any other right, power or
privilege. A waiver by the Canadian Collateral Agent or any other Canadian Secured Party of any
right or remedy hereunder on any one occasion shall not be construed as a bar to any right or
remedy that the Canadian Collateral Agent or such other Canadian Secured Party would otherwise have
on any other occasion. The rights, remedies, powers and privileges herein provided are cumulative,
may be exercised singly or concurrently and are not exclusive of any other rights or remedies
provided by law.

7.4. Enforcement Expenses; Indemnification. (a) Each Canadian Grantor agrees to pay
any and all reasonable and documented expenses (including all reasonable fees and disbursements of
counsel) that may be paid or incurred by any Canadian Secured Party in enforcing, or obtaining
advice of counsel in respect of, any rights with respect to, or collecting, any or all of the
Canadian Obligations and/or enforcing any rights with respect to, or collecting
against, such Canadian Grantor under this Agreement to the extent any of the Canadian Grantors
would be required to do so pursuant to Section 13.5 of the Credit Agreement.

 

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(b) Each Canadian Grantor agrees to pay, and to save the Canadian Collateral Agent and the
other Secured Parties harmless from, any and all liabilities with respect to, or resulting from any
delay in paying, any and all stamp, excise, sales or other taxes which may be payable or determined
to be payable with respect to any of the Collateral or in connection with any of the transactions
contemplated by this Agreement to the extent any of the Borrowers would be required to do so
pursuant to Section 13.5 of the Credit Agreement.

(c) Without limitation of its indemnification obligations under the other Credit Documents,
each Canadian Grantor agrees to pay, and to hold the Canadian Collateral Agent and the other
Secured Parties harmless from, any and all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with
respect to the execution, delivery, enforcement, performance and administration of this Agreement
to the extent any of the Canadian Borrowers would be required to do so pursuant to Section 13.5 of
the Credit Agreement.

(d) Any such amounts payable as provided hereunder shall be additional Canadian Obligations
secured hereby and by the other Security Documents. The agreements in this Section 7.4 shall
survive termination of this Agreement or any other Credit Document, the consummation of the
transactions contemplated hereby, the repayment of any of the Canadian Obligations, the invalidity
or unenforceability of any term or provision of this Agreement or any other Credit Document or any
investigation made by or on behalf of the Canadian Collateral Agent or any other Canadian Secured
Party. All amounts due under this Section 7.4 shall be payable on written demand therefor.

7.5. Successors and Assigns. The provisions of this Agreement shall be binding upon
and inure to the benefit of the parties hereto and their respective successors and assigns
permitted hereby, except that no Canadian Grantor may assign, transfer or delegate any of its
rights or obligations under this Agreement without the prior written consent of the Canadian
Collateral Agent, except pursuant to a transaction expressly permitted by the Credit Agreement.

7.6. Counterparts. This Agreement may be executed by one or more of the parties to
this Agreement on any number of separate counterparts (including by facsimile or other electronic
transmission (i.e. a “pdf” or “tif’)), and all of said counterparts taken together shall be deemed
to constitute one and the same instrument. A set of the copies of this Agreement signed by all the
parties shall be lodged with the Canadian Collateral Agent and the Canadian Borrowers.

7.7. Severability. Any provision of this Agreement that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor in
good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid,
illegal or unenforceable provisions.

 

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7.8. Section Headings. The Section headings used in this Agreement are for
convenience of reference only and are not to affect the construction hereof or be taken into
consideration in the interpretation hereof.

7.9. Integration. This Agreement represents the agreement of each of the Canadian
Grantors with respect to the subject matter hereof and there are no promises, undertakings,
representations or warranties by the Canadian Collateral Agent or any other Canadian Secured Party
relative to the subject matter hereof not expressly set forth or referred to herein or in the other
Secured Debt Documents.

7.10. GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE
PROVINCE OF ONTARIO AND THE FEDERAL LAWS OF CANADA APPLICABLE THEREIN.

7.11. Submission To Jurisdiction Waivers. Each Canadian Grantor hereby irrevocably
and unconditionally:

(a) submits for itself and its property in any legal action or proceeding relating to this
Agreement and the other Credit Documents to which it is a party, or for recognition and enforcement
of any judgment in respect thereof, to the non-exclusive general jurisdiction of a court of
competent jurisdiction in the Province of Ontario;

(b) consents that any such action or proceeding shall be brought in such courts and waives any
objection that it may now or hereafter have to the venue of any such action or proceeding in any
such court or that such action or proceeding was brought in an inconvenient court and agrees not to
plead or claim the same;

(c) agrees that service of process in any such action or proceeding may be effected by mailing
a copy thereof by registered or certified mail (or any substantially similar form of mail), postage
prepaid, to such Canadian Grantor at its address referred to in Section 7.2 or at such other
address of which the Canadian Collateral Agent shall have been notified pursuant thereto;

(d) agrees that nothing herein shall affect the right of the Canadian Collateral Agent or any
other Canadian Secured Party to effect service of process in any other manner permitted by
Applicable Law or shall limit the right of the Canadian Collateral Agent or any other Canadian
Secured Party to sue in any other jurisdiction; and

(e) waives, to the maximum extent not prohibited by law, any right it may have to claim or
recover in any legal action or proceeding referred to in this Section 7.11 any special, exemplary,
punitive or consequential damages.

 

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7.12. Acknowledgments. Each Canadian Grantor hereby acknowledges that:

(a) it has been advised by counsel in the negotiation, execution and delivery of this
Agreement and the other Credit Documents to which it is a party;

(b) neither the Canadian Collateral Agent nor any other Canadian Secured Party has any
fiduciary relationship with or duty to any Canadian Grantor arising out of or in connection with
this Agreement or any of the other Credit Documents, and the relationship between the Canadian
Grantors, on the one hand, and the Canadian Collateral Agent and the other Secured Parties, on the
other hand, in connection herewith or therewith is solely that of debtor and creditor;

(c) no joint venture is created hereby or by the other Credit Documents or otherwise exists by
virtue of the transactions contemplated hereby among the Secured Parties or among the Canadian
Grantors and the Secured Parties; and

(d) upon any Event of Default, the Canadian Collateral Agent may proceed without notice,
against any Canadian Grantor and any Collateral to collect and recover the full amount of any
Obligation then due, without first proceeding against any other Canadian Grantor, any other
Canadian Credit Party or any other Collateral and without first joining any other Canadian Grantor
or any other Canadian Credit Party in any proceeding.

7.13. Additional Canadian Grantors. Each Subsidiary of the Canadian Borrowers that is
required to become a party to this Agreement pursuant to Section 9.10 of the Credit Agreement and
the terms hereof shall become a Canadian Grantor, with the same force and effect as if originally
named as a Canadian Grantor herein, for all purposes of this Agreement upon execution and delivery
by such Subsidiary of a Supplement substantially in the form of Exhibit 1 hereto. The execution
and delivery of any instrument adding an additional Canadian Grantor as a party to this Agreement
shall not require the consent of any other Canadian Grantor hereunder. The rights and obligations
of each Canadian Grantor hereunder shall remain in full force and effect notwithstanding the
addition of any new Canadian Grantor as a party to this Agreement.

7.14. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT, ANY OTHER CREDIT
DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

[Signature Pages Follow]

 

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IN WITNESS WHEREOF, each of the undersigned has caused this Agreement to be duly executed and
delivered as of the date first above written.

	 	 	 	 	 
	 	ASSOCIATED MATERIALS CANADA
LIMITED, as a Canadian Grantor

 	 
	 	By:  	/s/ David S. Brown
 	 
	 	 	Name:  	David S. Brown 	 
	 	 	Title:  	President Secretary 	 
	 
	 	GENTEK CANADA HOLDINGS LIMITED, as a Canadian Grantor

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP, by its
general partner GENTEK CANADA HOLDINGS LIMITED, as a
Canadian Grantor

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

[Canadian Security Agreement]

 

 

	 	 	 	 	 
	 	ASSOCIATED MATERIALS CANADA
LIMITED, as a Canadian Grantor

 	 
	 	By:  	 	 
	 	 	Name:  	David S. Brown 	 
	 	 	Title:  	President Secretary 	 
	 
	 	GENTEK CANADA HOLDINGS LIMITED, as a Canadian Grantor

 	 
	 	By:  	/s/ Vicki L. Hardman
 	 
	 	 	Name:  	VICKI L. HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 
	 
	 	GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP, by its
general partner GENTEK CANADA HOLDINGS LIMITED, as a
Canadian Grantor

 	 
	 	By:  	/s/ Vicki L. Hardman
 	 
	 	 	Name:  	VICKI L. HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Canadian Security Agreement]

 

 

	 	 	 	 	 
	 	UBS AG CANADA BRANCH,

as Canadian Collateral Agent

 	 
	 	By:  	/s/ Mary E. Evans
 	 
	 	 	Name:  	Mary E. Evans 	 
	 	 	Title:  	Associate Director Banking Products
Services. US 	 
	 	 	 
	 	By:  	              /s/ Irja R. Otsa
 	 
	 	 	Name:  	Irja R. Otsa 	 
	 	 	Title:  	Associate Director Banking Products
Services. US 	 

[Canadian Security Agreement]

 

 

 

ANNEX A TO THE

CANADIAN SECURITY AGREEMENT

CANADIAN SUBSIDIARY GRANTORS

Canadian Subsidiary Grantors

•

Notice Address for All Canadian Grantors

Phone:

Facsimile:

Attention:

 

 

 

SCHEDULE 1 TO THE

CANADIAN SECURITY AGREEMENT

REGISTERED INTELLECTUAL PROPERTY

A. COPYRIGHTS AND COPYRIGHT APPLICATIONS

None.

B. PATENTS AND PATENT APPLICATIONS

Domestic Patent and Patent Applications

None.

Foreign Patent and Patent Applications

None.

C. TRADEMARKS AND TRADEMARK APPLICATIONS

Domestic Trademarks and Trademark Applications

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Application #	 	 
	Mark	 	Current Owner	 	Registration #	 	Status
	ADVANTAGE

	 	Gentek Building Products Limited Partnership
	 	815751

TMA514167
	 	Registered
	AIR MASTER & Design

	 	Gentek Building Products Limited Partnership
	 	519428

TMA299268
	 	Registered
	ALURITE

	 	Gentek Building Products Limited Partnership
	 	635859

TMA371,081
	 	Registered
	ASTERIX & Design

	 	Gentek Building Products Limited Partnership
	 	361353

TMA199543
	 	Registered

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Application #	 	 
	Mark	 	Current Owner	 	Registration #	 	Status
	BARRICADE

	 	Gentek Building Products Limited Partnership
	 	1,301,163

TMA699317
	 	Registered
	CEDARWOOD

	 	Gentek Building Products Limited Partnership
	 	585514

TMA350880
	 	Registered
	CENTENNIAL

	 	Gentek Building Products Limited Partnership
	 	838079

TMA497777
	 	Registered
	CHECKMARK DESIGN

	 	Gentek Building Products Limited Partnership
	 	785524

TMA496559
	 	Registered
	CLASSIC DOUBLE 5

	 	Gentek Building Products Limited Partnership
	 	434652

TMA240570
	 	Registered
	CLIMATIC

	 	Gentek Building Products Limited Partnership
	 	387603

TMA216353
	 	Registered
	COLOR CLEAR THROUGH

	 	Gentek Building Products Limited Partnership
	 	1019839

TMA 596853
	 	Registered
	CONCORD

	 	Gentek Building Products Limited Partnership
	 	791676

TMA468462
	 	Registered
	DEALERS OF DISTINCTION

	 	Gentek Building Products Limited Partnership
	 	1321510

TMA756459
	 	Registered
	ENERGY PLUS

	 	Gentek Building Products Limited Partnership
	 	712607

TMA424287
	 	Registered
	ESTATE CLASSIC

	 	Gentek Building Products Limited Partnership
	 	640260

TMA 379690
	 	Registered
	FAIRHAVEN SOUND

	 	Gentek Building Products Limited Partnership
	 	1390446

TMA745480
	 	Registered
	FAIRWEATHER

	 	Gentek Building Products Limited Partnership
	 	865176

TMA520,608
	 	Registered
	FENETRES NORD-AMERICAINES

	 	Gentek Building Products Limited Partnership
	 	842497

TMA499744
	 	Registered
	FIRST IMPRESSIONS BY GENTEK

	 	Gentek Building Products Limited Partnership
	 	1336830

TMA708,617
	 	Registered
	GENGLASS

	 	Gentek Building Products Limited Partnership
	 	1348714

TMA718594
	 	Registered
	GENTEK

	 	Gentek Building Products Limited Partnership
	 	785526

TMA496558
	 	Registered
	GENTEK & Design

	 	Gentek Building Products Limited Partnership
	 	785523

TMA496561
	 	Registered

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Application #	 	 
	Mark	 	Current Owner	 	Registration #	 	Status
	GENTEK BUILDER SERIES

	 	Gentek Building Products Limited Partnership
	 	1228241

TMA691130
	 	Registered
	GENTEK My Design Home Studio & Logo

	 	Gentek Building Products Limited Partnership
	 	1424466	 	 	Allowed
	HALLMARK

	 	Gentek Building Products Limited Partnership
	 	452397

TMA250784
	 	Registered
	HARMONIE DE COULEURS

	 	Gentek Building Products Limited Partnership
	 	1356862

TMA728,948
	 	Registered
	HYGENICIEL

	 	Gentek Building Products Limited Partnership
	 	373822

TMA205383
	 	Registered
	LE RENOVATEUR DE PREMIER CHOIX
& Design

	 	Gentek Building Products Limited Partnership
	 	842492

TMA537478
	 	Registered
	LE RENOVATEUR DE PREMIER CHOIX &
Design

	 	Gentek Building Products Limited Partnership
	 	715937

TMA520412
	 	Registered
	MOULURESESSENTIALS DE GENTEK

	 	Gentek Building Products Limited Partnership
	 	1356861

TMA728,949
	 	Registered
	NAW & Design

	 	Gentek Building Products Limited Partnership
	 	842498

TMA491771
	 	Registered

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Application #	 	 
	Mark	 	Current Owner	 	Registration #	 	Status
	NORTH AMERICAN WINDOWS

	 	Gentek Building Products Limited Partnership
	 	842499

TMA499860
	 	Registered
	NORTHERN FOREST

	 	Gentek Building Products Limited Partnership
	 	721694

TMA454110
	 	Registered
	OXFORD

	 	Gentek Building Products Limited Partnership
	 	865179 
TMA525528
	 	Registered
	PREMIUM RENOVATOR & Design

	 	Gentek Building Products Limited Partnership
	 	715936

TMA520438
	 	Registered
	PREMIUM RENOVATOR & Design

	 	Gentek Building Products Limited Partnership
	 	842491

TMA537507
	 	Registered
	PREMIUM RENOVATOR & Design Opposition

	 	Gentek Building Products Limited Partnership	 	 	 	 	 	 
	RAINAWAY

	 	Gentek Building Products Limited Partnership
	 	675372

TMA398777
	 	Registered
	REGENCY

	 	Gentek Building Products Limited Partnership
	 	452398

TMA250,785
	 	Registered
	REVERE My Design Home Studio & Logo

	 	Gentek Building Products Limited Partnership
	 	1424474	 	 	Allowed

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Application #	 	 
	Mark	 	Current Owner	 	Registration #	 	Status
	ROUGHWOOD

	 	Gentek Building Products Limited Partnership
	 	374971

TMA209,437
	 	Registered
	SEQUOIA

	 	Gentek Building Products Limited Partnership
	 	1272906

TMA676191
	 	Registered
	SEQUOIA

	 	Gentek Building Products Limited Partnership
	 	1228310

TMA690353
	 	Registered
	SEQUOIA SELECT & Design

	 	Gentek Building Products Limited Partnership
	 	1438095

TMA778773
	 	Registered
	SIERRA

	 	Gentek Building Products Limited Partnership
	 	1212719

TMA641140
	 	Registered
	SIERRA

	 	Gentek Building Products Limited Partnership
	 	470529

TMA265537
	 	Registered
	SIGNATURE

	 	Gentek Building Products Limited Partnership
	 	1228722	 	 	Allowed
	STEELSIDE

	 	Gentek Building Products Limited Partnership
	 	1375565

TMA748073
	 	Registered
	THERMALOK

	 	Gentek Building Products Limited Partnership
	 	635942

TMA371910
	 	Registered
	THERMALSLIDE

	 	Gentek Building Products Limited Partnership
	 	449650

TMA253359
	 	Registered
	THERMAR

	 	Gentek Building Products Limited Partnership
	 	454719

TMA258939
	 	Registered
	TRIMESSENTIALS BY GENTEK

	 	Gentek Building Products Limited Partnership
	 	1228339

TMA694723
	 	Registered
	VYCAN

	 	Gentek Building Products Limited Partnership
	 	531926

TMA310516
	 	Registered

Foreign Trademarks and Trademark Applications

None.

D. DOMAIN NAMES

None.

 

 

 

SCHEDULE 2 TO THE

REVOLVING CANADIAN SECURITY AGREEMENT

EXCLUSIVE IP AGREEMENTS

None.

 

 

 

EXHIBIT 1 TO THE

CANADIAN SECURITY AGREEMENT

SUPPLEMENT NO. [_____], dated as of
[                    ]
(this “Supplement”), to the Canadian
Security Agreement dated as of October 13, 2010 (this “Agreement”), among ASSOCIATED
MATERIALS CANADA LIMITED, an Ontario corporation (“Associated”), GENTEK CANADA HOLDINGS
LIMITED, an Ontario corporation (“Gentek”), and GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP, an Ontario limited partnership by its general partner, Gentek (“LP”), each of
the subsidiaries listed of the Canadian Borrowers on Annex A hereto (each such subsidiary,
individually, a “Canadian Subsidiary Grantor” and, collectively, the “Canadian Subsidiary
Grantors”; and, together with the Associated, Gentek and LP, collectively, the “Canadian
Grantors”), and UBS AG CANADA BRANCH, as Canadian collateral agent for the Secured Parties (in such
capacity, together with its successors in such capacity, the “Canadian Collateral Agent”).

A. Capitalized terms used herein and not otherwise defined herein (including terms used in the
preamble and the recitals) shall have the meanings assigned to such terms in the Canadian Security
Agreement.

B. The rules of construction and other interpretive provisions specified in Sections 1.2, 1.5,
1.6 and 1.7 of the Credit Agreement shall apply to this Supplement, including terms defined in the
preamble and recitals hereto.

C. Section 7.13 of the Canadian Security Agreement provides that each Restricted Subsidiary of
the Canadian Borrowers that is required to become a party to the Canadian Security Agreement
pursuant to Section 9.10 of the Credit Agreement and the terms hereof shall become a Canadian
Grantor, with the same force and effect as if originally named as a Canadian Grantor therein, for
all purposes of the Canadian Security Agreement upon execution and delivery by such Subsidiary of
an instrument in the form of this Supplement. Each undersigned Guarantor (each, a “New
Canadian Grantor”) is executing this Supplement in accordance with the requirements of the
Canadian Security Agreement to become a Canadian Grantor under the Canadian Security Agreement as
consideration for the Canadian Obligations.

Accordingly, the Canadian Collateral Agent and the New Canadian Grantors agree as follows:

SECTION 1. In accordance with Section 7.13 of the Canadian Security Agreement, each New
Canadian Grantor by its signature below becomes a Canadian Grantor under the Canadian Security
Agreement with the same force and effect as if originally named therein as a Canadian Grantor and
each New Canadian Grantor hereby (a) agrees to all the terms and provisions of the Canadian
Security Agreement applicable to it as a Canadian Grantor thereunder and (b) represents and
warrants that the representations and warranties made by it as a Canadian Grantor thereunder are
true and correct on and as of the date hereof (except

 

1-1

 

where such representations and warranties
expressly relate to an earlier date, in which case such
representations and warranties shall have been true and correct as of such earlier date). In
furtherance of the foregoing, each New Canadian Grantor, as security for the payment and
performance in full of the Canadian Obligations, does hereby assign, pledge, mortgage and
hypothecate to the Canadian Collateral Agent, for the benefit of the Secured Parties, and hereby
grants to the Canadian Collateral Agent, for the benefit of the Secured Parties, a Security
Interest in all of the Collateral of such New Canadian Grantor, in each case whether now or
hereafter existing or in which now has or hereafter acquires an interest. Each reference to a
“Canadian Grantor” in the Canadian Security Agreement shall be deemed to include each New Canadian
Grantor. The Canadian Security Agreement is hereby incorporated herein by reference.

SECTION 2. Each New Canadian Grantor represents and warrants to the Canadian Collateral Agent
and the other Secured Parties that this Supplement has been duly authorized, executed and delivered
by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance
with its terms, subject to the effects of bankruptcy, insolvency, fraudulent conveyance,
reorganization and other similar laws affecting creditors’ rights generally and subject to general
principles of equity (whether considered in a proceeding in equity or law).

SECTION 3. This Supplement may be executed by one or more of the parties to this Supplement on
any number of separate counterparts (including by facsimile or other electronic transmission (i.e.
a “pdf” or “tif”)), and all of said counterparts taken together shall be deemed to constitute one
and the same instrument. A set of the copies of this Supplement signed by all the parties shall be
lodged with the Canadian Collateral Agent and the Canadian Borrowers. This Supplement shall become
effective as to each New Canadian Grantor when the Canadian Collateral Agent shall have received
counterparts of this Supplement that, when taken together, bear the signatures of such New Canadian
Grantor and the Canadian Collateral Agent.

SECTION 4. Such New Canadian Grantor hereby represents and warrants that (a) set forth on
Schedule A attached hereto is (i) the legal name of such New Canadian Grantor, (ii) the
jurisdiction of incorporation or organization of such New Canadian Grantor, (iii) the identity or
type of organization or corporate structure of such New Canadian Grantor and (iv) the business
number and corporate or other identification number of such New Canadian Grantor (b) as of the date
hereof (i) Schedule B hereto sets forth all of the Registered Intellectual Property owned by such
New Grantor in its name, and indicates for each such item, as applicable, the application and/or
registration number, date and jurisdiction of filing and/or issuance, and the identity of the
current applicant or registered owner, and (ii) Schedule C hereto sets forth all Exclusive IP
Agreements.

SECTION 5. Except as expressly supplemented hereby, the Canadian Security Agreement shall
remain in full force and effect.

SECTION 6. THIS SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE PROVINCE OF ONTARIO
AND THE FEDERAL LAWS OF CANADA APPLICABLE THEREIN.

 

1-2

 

SECTION 7. Any provision of this Supplement that is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof and in the Canadian Security
Agreement, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor
in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid, illegal
or unenforceable provisions.

SECTION 8. All notices, requests and demands pursuant hereto shall be made in accordance with
Section 13.2 of the Credit Agreement. All communications and notices hereunder to each New
Canadian Grantor shall be given to it in care of Associated Materials, LLC, a Delaware limited
liability company (the “Company”), at the Company’s address set forth in Section 13.2 of the Credit
Agreement.

SECTION 9. Each New Canadian Grantor agrees to reimburse the Canadian Collateral Agent for its
reasonable and documented out-of-pocket expenses in connection with this Supplement, including the
reasonable and documented fees, other charges and disbursements of counsel for the Canadian
Collateral Agent.

 

1-3

 

IN WITNESS WHEREOF, each New Canadian Grantor and the Canadian Collateral Agent have duly
executed this Supplement to the Canadian Security Agreement as of the day and year first above
written.

	 	 	 	 	 
	 	[NEW CANADIAN GRANTOR(S)],

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	UBS AG CANADA BRANCH,

as Canadian Collateral Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

1-4

 

SCHEDULE A

TO SUPPLEMENT NO. __ TO THE

CANADIAN SECURITY AGREEMENT

CORPORATE INFORMATION

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Federal Taxpayer	 
	 	 	Jurisdiction of	 	 	 	 	 	 	Identification Number	 
	 	 	Incorporation or	 	 	Type of Organization or	 	 	and Organizational	 
	Legal Name	 	Organization	 	 	Corporate Structure	 	 	Identification Number	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 

SCHEDULE B

TO SUPPLEMENT NO. ___ TO THE

CANADIAN SECURITY AGREEMENT

REGISTERED INTELLECTUAL PROPERTY

A. COPYRIGHTS AND COPYRIGHT APPLICATIONS

	 	 	 	 	 
	Registered Owner/Grantor	 	Title	 	Registration Number
	 
	 	 	 	 

B. PATENTS AND PATENT APPLICATIONS

Domestic Patent and Patent Applications

	 	 	 	 	 	 	 
	Registered	 	 	 	Registration	 	Application
	Owner/Grantor	 	Patent	 	No.	 	No.
	 
	 	 	 	 	 	 

Foreign Patent and Patent Applications

	 	 	 	 	 	 	 
	Registered	 	 	 	Registration	 	Application
	Owner/Grantor	 	Patent	 	No.	 	No.
	 
	 	 	 	 	 	 

C. TRADEMARKS AND TRADEMARK APPLICATIONS

Domestic Trademarks and Trademark Applications

	 	 	 	 	 	 	 
	Registered	 	 	 	Registration	 	Application
	Owner/Grantor	 	Trademark	 	No.	 	No.
	 
	 	 	 	 	 	 

 

 

 

Foreign Trademarks and Trademark Applications

	 	 	 	 	 	 	 
	Registered	 	 	 	Registration	 	Application
	Owner/Grantor	 	Trademark	 	No.	 	No.
	 
	 	 	 	 	 	 

D. DOMAIN NAMES

 

 

 

SCHEDULE C

TO SUPPLEMENT NO. ___ TO THE

CANADIAN SECURITY AGREEMENT

EXCLUSIVE IP AGREEMENTS

 

 

 

EXHIBIT 2 TO THE

CANADIAN SECURITY AGREEMENT

SUPPLEMENT NO. [_____], dated as of
[                    ]
(this “Supplement”), to the Canadian
Security Agreement dated as of October 13, 2010 (this “Agreement”), among ASSOCIATED
MATERIALS CANADA LIMITED, an Ontario corporation (“Associated”), GENTEK CANADA HOLDINGS
LIMITED, an Ontario corporation (“Gentek”), and GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP, an Ontario limited partnership by its general partner, Gentek (“LP”), each of
the subsidiaries listed of the Canadian Borrowers on Annex A hereto (each such subsidiary,
individually, a “Canadian Subsidiary Grantor” and, collectively, the “Canadian
Subsidiary Grantors”; and, together with the Associated, Gentek and LP, collectively, the
“Canadian Grantors”), and UBS AG CANADA BRANCH, as Canadian collateral agent for the
Secured Parties (in such capacity, together with its successors in such capacity, the “Canadian
Collateral Agent”).

A. Capitalized terms used herein and not otherwise defined herein (including terms used in the
preamble and the recitals) shall have the meanings assigned to such terms in the Canadian Security
Agreement.

B. The rules of construction and other interpretive provisions specified in Sections 1.2, 1.5,
1.6 and 1.7 of the Credit Agreement shall apply to this Supplement, including terms defined in the
preamble and recitals hereto.

C. Pursuant to Section 5.1(c) of the Canadian Security Agreement, each Canadian Grantor has
agreed to deliver to the Canadian Collateral Agent a written supplement substantially in the form
of Exhibit 2 thereto with respect to any After-Acquired Intellectual Property Collateral. The
Canadian Grantors have identified the additional After-Acquired Intellectual Property Collateral
acquired by such Grantors after the date of the Canadian Security Agreement set forth on Schedules
I and II hereto (collectively, the “Additional Collateral”).

Accordingly, the Canadian Collateral Agent and the Canadian Grantors agree as follows:

SECTION 1. Schedules 1 and 2 of the Canadian Security Agreement are hereby supplemented, as
applicable, by the information set forth in Schedules I and II hereto.

SECTION 2. This Supplement may be executed by one or more of the parties to this Supplement on
any number of separate counterparts (including by facsimile or other electronic transmission (i.e.
a “pdf” or “tif”)), and all of said counterparts taken together shall be deemed to constitute one
and the same instrument. A set of the copies of this Supplement signed by all the parties shall be
lodged with the Canadian Collateral Agent and the Company. This Supplement shall become effective
as to each Canadian Grantor when the Canadian Collateral Agent shall have received counterparts of
this Supplement that, when taken together, bear the signatures of such Canadian Grantor and the
Canadian Collateral Agent.

SECTION 3. Except as expressly supplemented hereby, the Canadian Security Agreement shall
remain in full force and effect.

 

2-1

 

SECTION 4. THIS SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE PROVINCE OF ONTARIO
AND THE FEDERAL LAWS OF CANADA APPLICABLE THEREIN.

SECTION 5. Any provision of this Supplement that is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof and in the Canadian Security
Agreement, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor
in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid, illegal
or unenforceable provisions.

SECTION 6. All notices, requests and demands pursuant hereto shall be made in accordance with
Section 13.2 of the Credit Agreement. All communications and notices hereunder to each Canadian
Grantor shall be given to it in care of Associated Materials, LLC, a Delaware limited liability
company (the “Company”), at the Company’s address set forth in Section 13.2 of the Credit
Agreement.

SECTION 7. Each Canadian Grantor agrees to reimburse the Canadian Collateral Agent for its
reasonable and documented out-of-pocket expenses in connection with this Supplement, including the
reasonable and documented fees, other charges and disbursements of counsel for the Canadian
Collateral Agent.

 

2-2

 

IN WITNESS WHEREOF, each Canadian Grantor and the Canadian Collateral Agent have duly executed
this Supplement to the Canadian Security Agreement as of the day and year first above written.

	 	 	 	 	 
	 	[GRANTORS],

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	UBS AG CANADA BRANCH,

as Canadian Collateral Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

2-3

 

SCHEDULE I

TO SUPPLEMENT NO. ___ TO THE

CANADIAN SECURITY AGREEMENT

REGISTERED INTELLECTUAL PROPERTY

A. COPYRIGHTS AND COPYRIGHT APPLICATIONS

	 	 	 	 	 
	Registered Owner/Grantor	 	Title	 	Registration Number
	 
	 	 	 	 

B. PATENTS AND PATENT APPLICATIONS

C. TRADEMARKS AND TRADEMARK APPLICATIONS

Domestic Trademarks and Trademark Applications

	 	 	 	 	 	 	 
	Registered	 	 	 	Registration	 	Application
	Owner/Grantor	 	Trademark	 	No.	 	No.
	 
	 	 	 	 	 	 

Foreign Trademarks and Trademark Applications

	 	 	 	 	 	 	 
	Registered	 	 	 	Registration	 	Application
	Owner/Grantor	 	Trademark	 	No.	 	No.
	 
	 	 	 	 	 	 

D. DOMAIN NAMES

 

 

 

SCHEDULE II

TO SUPPLEMENT NO. ___ TO THE

CANADIAN SECURITY AGREEMENT

EXCLUSIVE IP AGREEMENTS

 

 

 

EXHIBIT 3 TO THE

CANADIAN SECURITY AGREEMENT

FORM OF CANADIAN INTELLECTUAL PROPERTY SECURITY AGREEMENT

This CANADIAN INTELLECTUAL PROPERTY SECURITY AGREEMENT (the “IP Security Agreement”),
dated as of [                    ], 200[_], among the Person listed on the signature pages hereof (the
“Canadian Grantor”), and UBS AG CANADA BRANCH, as Canadian collateral agent for the Secured
Parties (in such capacity, together with its successors in such capacity, the “Canadian
Collateral Agent”).

A. Capitalized terms used herein and not otherwise defined herein (including terms used in the
preamble and the recitals) shall have the meanings assigned to such terms in the Canadian Security
Agreement, dated as of October 13, 2010 (the “Canadian Security Agreement”), among
ASSOCIATED MATERIALS CANADA LIMITED, an Ontario corporation (“Associated”), GENTEK CANADA
HOLDINGS LIMITED, an Ontario corporation (“Gentek”), and GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP, an Ontario limited partnership by its general partner, Gentek (“LP”), each of
the subsidiaries listed of the Canadian Borrowers on Annex A hereto (each such subsidiary,
individually, a “Canadian Subsidiary Grantor” and, collectively, the “Canadian
Subsidiary Grantors”; and, together with the Associated, Gentek and LP, collectively, the
“Canadian Grantors”), and UBS AG CANADA BRANCH, as Canadian collateral agent for the
Secured Parties (in such capacity, together with its successors in such capacity, the “Canadian
Collateral Agent”).

B. The rules of construction and other interpretive provisions specified in Sections 1.2, 1.5,
1.6 and 1.7 of the Credit Agreement shall apply to this Supplement, including terms defined in the
preamble and recitals hereto.

C. Pursuant to Section 5.4(e) of the Canadian Security Agreement, Canadian Grantor has agreed
to execute or otherwise authenticate this IP Security Agreement for recording the Security Interest
granted under the Canadian Security Agreement to the Canadian Collateral Agent in such Canadian
Grantor’s Canadian Registered Intellectual Property with the Canadian Intellectual Property Office
and any other Governmental Authority located in Canada necessary to perfect the Security Interest
hereunder in such Registered Intellectual Property.

Accordingly, the Canadian Collateral Agent and Canadian Grantor agree as follows:

SECTION 1. Grant of Security.1 The Canadian Grantor hereby grants to the
Canadian Collateral Agent for the benefit of the Secured Parties a security interest in all of such
Canadian Grantor’s right, title and interest in and to the [Canadian Trademark registrations and
applications] [Canadian Patent registrations and applications] [Canadian Copyright
registrations and applications] set forth in Schedule A hereto (collectively, the
“Collateral”).

 

	 	 	 
	1	 	Separate agreements should be entered in respect of
patents, trademarks, and copyrights.

 

3-1

 

SECTION 2. Security for Canadian Obligations. The grant of a Security Interest in the
Collateral by Canadian Grantor under this IP Security Agreement secures the payment of all of the
Canadian Obligations. Without limiting the generality of the foregoing, this Agreement secures the
payment of all amounts that constitute part of the Canadian Obligations and would be owed to the
Canadian Collateral Agent or the Secured Parties but for the fact that they are unenforceable or
not allowable due to the existence of a bankruptcy, insolvency, reorganization or similar
proceeding involving any Canadian Grantor.

SECTION 3. Recordation. Canadian Grantor authorizes and requests that an authorized
officer of the Canadian Intellectual Property Office and any other applicable governmental officer
located in Canada record this IP Security Agreement.

SECTION 4. Grants, Rights and Remedies. This IP Security Agreement has been entered
into in conjunction with the provisions of the Canadian Security Agreement. Canadian Grantor does
hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights
and remedies of, the Canadian Collateral Agent with respect to the Collateral are more fully set
forth in the Canadian Security Agreement, the terms and provisions of which are incorporated herein
by reference as if fully set forth herein. In the event of any conflict between the terms of this
IP Security Agreement and the terms of the Canadian Security Agreement, the terms of the Canadian
Security Agreement shall govern.

SECTION 5. Counterparts. This IP Security Agreement may be executed by one or more of
the parties to this IP Security Agreement on any number of separate counterparts (including by
facsimile or other electronic transmission (i.e. a “pdf” or “tif”)), and all of said counterparts
taken together shall be deemed to constitute one and the same instrument.

SECTION 6. GOVERNING LAW. THIS IP SECURITY AGREEMENT AND THE RIGHTS AND OBLIGATIONS
OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH,
THE LAWS OF THE PROVINCE OF ONTARIO AND THE FEDERAL LAWS OF CANADA APPLICABLE THEREIN.

SECTION 7. Severability. Any provision of this IP Security Agreement that is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to
the extent of such prohibition or unenforceability without invalidating the remaining provisions
hereof and in the Canadian Security Agreement, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or
unenforceable provisions with valid provisions the economic effect of which comes as close as
possible to that of the invalid, illegal or unenforceable provisions.

 

3-2

 

SECTION 8. Notices. All notices, requests and demands pursuant hereto shall be made
in accordance with Section 13.2 of the Credit Agreement. All communications and notices hereunder
to Canadian Grantor shall be given to it in care of Associated Materials, LLC,
a Delaware limited liability company (the “Company”), at the Company’s address set forth in
Section 13.2 of the Credit Agreement.

SECTION 9. Expenses. Canadian Grantor agrees to reimburse the Canadian Collateral
Agent for its reasonable and documented out-of-pocket expenses in connection with this IP Security
Agreement, including the reasonable and documented fees, other charges and disbursements of counsel
for the Canadian Collateral Agent.

 

3-3

 

IN WITNESS WHEREOF, Canadian Grantor and the Canadian Collateral Agent have duly executed this
IP Security Agreement as of the day and year first above written.

	 	 	 	 	 
	 	[NAME OF CANADIAN GRANTOR],

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	UBS AG CANADA BRANCH

as Canadian Collateral Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

3-4

 

SCHEDULE A TO THE

CANADIAN INTELLECTUAL PROPERTY

SECURITY AGREEMENT

CANADIAN TRADEMARKS/CANADIAN PATENTS/

CANADIAN COPYRIGHTS]

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