Document:

exv4w16

 

IMAX CORPORATION

Exhibit 4.16

NINTH SUPPLEMENTAL INDENTURE

          Ninth Supplemental Indenture (this “Ninth Supplemental Indenture”), dated as of 12:01 p.m.
April 16, 2007 (the “Effective Time”) among IMAX Corporation, a corporation incorporated under the
federal laws of Canada (the “Company”), the Guarantors named in the Indenture referred to below
(the “Existing Guarantors”), the First Supplemental Guarantors named in the Supplemental Indenture
referred to below, the Second Supplemental Guarantor named in the Second Supplemental Indenture
referred to below, the Fourth Supplemental Guarantors named in the Fourth Supplemental Indenture
referred to below, the Fifth Supplemental Guarantor named in the Fifth Supplemental Indenture
referred to below, the Sixth Supplemental Guarantor named in the Sixth Supplemental Indenture
referred to below, the Seventh Supplemental Guarantor named in the Seventh Supplemental Indenture
referred to below, the Eighth Supplemental Guarantor named in the Eighth Supplemental Indenture
referred to below and U.S. Bank National Association, as trustee under the Indenture referred to
below (the “Trustee”).

W I T N E S S E T H

          WHEREAS, the Company and the Existing Guarantors have heretofore executed and delivered to the
Trustee an indenture (the “Indenture”), dated as of December 4, 2003, as amended by the First
Supplemental Indenture dated as of April 1, 2004 among the Company, the Existing Guarantors, 3D Sea
II Ltd. and Taurus-Littrow Productions Inc. (the “First Supplemental Guarantors”) and the Trustee
(the “First Supplemental Indenture”), as further amended by the Second Supplemental Indenture dated
as of July 14, 2004 among the Company, the Existing Guarantors, the First Supplemental Guarantors
and Big Engine Films Inc. (the “Second Supplemental Guarantor”) and the Trustee (the “Second
Supplemental Indenture”), as further amended by the Third Supplemental Indenture dated as of
February 2, 2005 among the Company, the Existing Guarantors, the First Supplemental Guarantors, the
Second Supplemental Guarantor and Automation Productions Ltd. (the “Third Supplemental Guarantor”)
and the Trustee (the “Third Supplemental Indenture”), as further amended by the Fourth Supplemental
Indenture dated as of April 10, 2006 among the Company, the Existing Guarantors, the First
Supplemental Guarantors, the Second Supplemental Guarantor, Conversion Films Ltd., Feathered Films
Ltd. and Great Ant Productions Ltd. (the “Fourth Supplemental Guarantors”) and the Trustee (the
“Fourth Supplemental Indenture”), as further amended by the Fifth Supplemental Indenture dated as
of June 19, 2006 among the Company, the Existing Guarantors, the First Supplemental Guarantors, the
Second Supplemental Guarantor, the Fourth Supplemental Guarantors, Acorn Rain Productions Ltd. (the
“Fifth Supplemental Guarantor”) and the Trustee (the “Fifth Supplemental Indenture”), as further
amended by the Sixth Supplemental Indenture dated as of November 9, 2006 among the Company, the
Existing Guarantors, the First Supplemental Guarantors, the Second Supplemental Guarantor, the
Fourth Supplemental Guarantors, the Fifth Supplemental Guarantor, Walking Bones Pictures Ltd. (the
“Sixth Supplemental Guarantor”) and the Trustee (the “Sixth Supplemental Indenture”), as further
amended by the Seventh Supplemental Indenture dated as of January 29, 2007 among the Company, the
Existing Guarantors, the First Supplemental Guarantors, the Second Supplemental Guarantor, the
Fourth Supplemental Guarantors, the Fifth Supplemental Guarantor, the Sixth Supplemental Guarantor,
Raining Arrows Productions Ltd. (the “Seventh Supplemental Guarantor”) and the Trustee (the
“Seventh Supplemental Indenture”), and as further amended by the Eighth Supplemental Indenture
dated as of March 26, 2007 among the Company, the Existing Guarantors, the First Supplemental
Guarantors, the Second Supplemental Guarantor, the Fourth Supplemental Guarantors, the Fifth
Supplemental Guarantor, the Sixth Supplemental Guarantor, the Seventh Supplemental Guarantor, Coral
Sea Films Ltd. (the “Eighth

 

 

Supplemental Guarantor”) and the Trustee (the “Eighth Supplemental Indenture”) providing for
the issuance of 95/8% Senior Notes due 2010 (the “Securities”);

          WHEREAS, IMAX Sandde Animation, one of the Existing Guarantors, was dissolved on February 8,
2005, and the Third Supplemental Guarantor was dissolved on December 31, 2005 and each are
therefore no longer Guarantors.

          WHEREAS, Section 902 of the Indenture provides that, with the consent of the Holders of not
less than a majority in principal amount of the Outstanding Securities, the Company and the Trustee
may, subject to certain enumerated exceptions, enter into an indenture supplemental to the
Indenture for the purpose of adding any provisions to or changing in any manner or eliminating any
of the provisions of the Indenture or of modifying in any manner the rights of the Holders under
the Indenture;

          WHEREAS, Section 513 of the Indenture provides that prior to the declaration of acceleration
of the maturity of the Securities, the Holders of a majority in aggregate principal amount of the
Outstanding Securities may waive on behalf of all Holders any default, except with respect to
certain enumerated defaults, and upon any such waiver, such default shall cease to exist and any
Event of Default arising therefrom shall be deemed to have been cured, for every purpose of the
Indenture;

          WHEREAS, pursuant to the Company’s Consent Solicitation Statement dated April 3, 2007 and the
accompanying Consent Form, the Company has obtained the written consent of the Holders of not less
than a majority in principal amount of the Outstanding Securities to the amendments to the
Indenture and to the waiver of Defaults and Events of Default under the Indenture as set forth
herein.

          WHEREAS, the Board of Directors of the Company has by Board Resolution dated April 13, 2007
authorized the execution and delivery of this Ninth Supplemental Indenture;

          WHEREAS, pursuant to Section 902 of the Indenture, the Trustee is authorized to execute and
deliver this Ninth Supplemental Indenture.

          NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Company and the Trustee mutually
covenant and agree for the equal and ratable benefit of the Holders of the Securities as follows:

ARTICLE 1

AMENDMENTS TO THE INDENTURE

          1. Amendment to Section 101. Section 101 of the Indenture is hereby amended by inserting the
following terms:

          “Covenant Reversion Date” means 5:30 p.m., New York City time, on (1) May 31, 2007 or (2) if
the Company elects to extend such date by giving notice of such extension to Holders of Outstanding
Securities prior to May 31, 2007 in the manner set forth in Section 106, June 30, 2007; provided
that the Company shall promptly pay the Additional Consent Fee (as defined in the Solicitation
Documents) in accordance with the Solicitation Documents.

          “Solicitation Documents” means the Consent Solicitation Statement dated as of April 3, 2007
and the related Consent Form.”

          2. Amendment to Section 501. Section 501 of the Indenture is hereby amended by inserting the
following sentence at the end of such Section:

2

 

          “Notwithstanding any of the foregoing, any failure of the Company to comply with Section 1019
of this Indenture or §314 of the Trust Indenture Act during the period beginning on March 30, 2007
and ending on the Covenant Reversion Date shall not constitute a failure to comply with Section
1019 or otherwise constitute a Default or be the basis of an Event of Default.”

ARTICLE 2

WAIVER

          1. Waiver. Any past Default or Event of Default arising from the Company’s failure to comply
with Section 1019 of the Indenture is hereby waived in accordance with Section 513 of the
Indenture.

ARTICLE 3

EFFECTIVENESS

          1. Effectiveness. This Ninth Supplemental Indenture is effective as of the Effective Time.

ARTICLE 4

MISCELLANEOUS

          1. Capitalized Terms. Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.

          2. Indenture Ratified.. Except as otherwise provided herein, the Indenture is in all respects
ratified and confirmed, and all of the terms, provisions and conditions thereof shall be and remain
in full force and effect.

          3. Successors and Assigns. All covenants and agreements in this Ninth Supplemental Indenture
by the Company and the Trustee shall bind its successors and assigns, whether so expressed or not.

          4. Separability Clause. In case any provision in this Ninth Supplemental Indenture shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired thereby.

          5. Benefits of Indenture. Nothing in this Ninth Supplemental Indenture, express or implied,
shall give to any Person, other than the parties hereto and their successors hereunder, and the
Holders of Securities, any benefit or any legal or equitable right, remedy or claim under this
Indenture.

          6. NEW YORK LAW TO GOVERN. THE LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO
CONSTRUE THIS NINTH SUPPLEMENTAL INDENTURE.

          7. Counterparts. The parties may sign any number of copies of this Ninth Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same
agreement.

          8. Effect of Headings. The Article and Section headings herein are for convenience only and
shall not affect the construction hereof.

3

 

     IN WITNESS WHEREOF, the parties hereto have caused this Ninth Supplemental Indenture to be
duly executed and attested, all as of the date first above written.

	 	 	 	 	 	 	 
	 	 	IMAX Corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By

Name:
	 	/s/ G. Mary Ruby
 

G. Mary Ruby
	 	 
	 

	 	Title:
	 	Sr. Vice President, Legal Affairs,	 	 
	 

	 	 	 	Deputy General Counsel and
Corporate Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Chief Financial Officer	 	 
	 
	 	 	 	 	 	 
	 	 	Existing Guarantors:	 	 
	 
	 	 	 	 	 	 
	 	 	David Keighley Productions 70MM Inc.	 	 
	 	 	IMAX II U.S.A. Inc.	 	 
	 	 	IMAX Chicago Theatre LLC	 	 
	 

	 	 	 	By its Managing Member

IMAX Theatre Holding (California I) Co.	 	 
	 	 	IMAX Minnesota Holding Co.

IMAX Rhode Island Limited Partnership	 	 
	 

	 	 	 	By its General Partner

IMAX Providence General Partner Co.	 	 
	 	 	IMAX Scribe Inc.	 	 
	 	 	IMAX Space Ltd.	 	 
	 	 	IMAX Theatre Holding Co.	 	 
	 	 	IMAX Theatre Holdings (OEI) Inc.	 	 
	 	 	IMAX Theatre Management Company	 	 
	 	 	IMAX Theatre Services Ltd.	 	 
	 	 	IMAX U.S.A. Inc.	 	 
	 	 	Miami Theatre LLC	 	 
	 

	 	 	 	By its Managing Member

IMAX Theatre Holding (California I) Co.	 	 
	 	 	Nyack Theatre LLC	 	 
	 

	 	 	 	By its Managing Member

IMAX Theatre Holding (Nyack I) Co.	 	 
	 	 	Parker Pictures Ltd.	 	 
	 	 	Ridefilm Corporation	 	 
	 	 	Sacramento Theatre LLC	 	 
	 

	 	 	 	By its Managing Member

IMAX Theatre Holding (California I) Co.	 	 
	 	 	Sonics Associates, Inc.	 	 
	 	 	Starboard Theatres Ltd.	 	 
	 	 	Tantus Films Ltd.	 	 

 

 

	 	 	 	 	 	 	 
	 	 	1329507 Ontario Inc.	 	 
	 	 	924689 Ontario Inc.	 	 
	 	 	IMAX (Titanica) Ltd.	 	 
	 	 	IMAX (Titanic) Inc.	 	 
	 	 	IMAX Music Ltd.	 	 
	 	 	IMAX Film Holding Co.	 	 
	 	 	IMAX Indianapolis LLC	 	 
	 	 	IMAX Providence General Partner Co.	 	 
	 	 	IMAX Providence Limited Partner Co.	 	 
	 	 	IMAX Theatre Holding (California I) Co.	 	 
	 	 	IMAX Theatre Holding (California II) Co.	 	 
	 	 	IMAX Theatre Holding (Nyack I) Co.	 	 
	 	 	IMAX Theatre Holding (Nyack II) Co.	 	 
	 	 	IMAX Theatre Management (Scottsdale), Inc.	 	 
	 	 	Strategic Sponsorship Corporation	 	 
	 	 	Tantus II Films Ltd.	 	 
	 	 	RPM Pictures Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	First Supplemental Guarantors:	 	 
	 
	 	 	 	 	 	 
	 	 	Taurus-Littrow Productions Inc.

3D Sea II Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	Second Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Big Engine Films Inc.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	Fourth Supplemental Guarantors:	 	 
	 
	 	 	 	 	 	 
	 	 	Conversion Films Ltd.	 	 
	 	 	Feathered Films Ltd.	 	 
	 	 	Great Ant Productions Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	Fifth Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Acorn Rain Productions Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	Sixth Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Walking Bones Pictures Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:

Title:
	 	G. Mary Ruby

Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President, Finance	 	 
	 
	 	 	 	 	 	 
	 	 	Seventh Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Raining Arrows Productions Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President, Finance	 	 

 

 

	 	 	 	 	 	 	 
	 	 	Eighth Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Coral Sea Films Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:

Title:
	 	G. Mary Ruby

Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President, Finance	 	 

	 	 	 	 	 	 	 
	 	 	Trustee:	 	 
	 
	 	 	 	 	 	 
	 	 	U.S. Bank National Association,

   As Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Raymond S. Haverstock	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Raymond S. Haverstock	 	 
	 

	 	Title:
	 	Vice Presidentexv4w17

 

IMAX CORPORATION

Exhibit 4.17

TENTH SUPPLEMENTAL INDENTURE

          Tenth Supplemental Indenture (this “Tenth Supplemental Indenture”), dated as of May 30, 2007
among IMAX Corporation, a corporation incorporated under the federal laws of Canada (the
“Company”), the Guarantors named in the Indenture referred to below (the “Existing Guarantors”),
the First Supplemental Guarantors named in the Supplemental Indenture referred to below, the Second
Supplemental Guarantor named in the Second Supplemental Indenture referred to below, the Fourth
Supplemental Guarantors named in the Fourth Supplemental Indenture referred to below, the Fifth
Supplemental Guarantor named in the Fifth Supplemental Indenture referred to below, the Sixth
Supplemental Guarantor named in the Sixth Supplemental Indenture referred to below, the Seventh
Supplemental Guarantor named in the Seventh Supplemental Indenture referred to below, the Eighth
Supplemental Guarantor named in the Eighth Supplemental Indenture referred to below, IMAX
International Sales Corporation (the “Guaranteeing Subsidiary”) and U.S. Bank National Association,
as trustee under the Indenture referred to below (the “Trustee”).

W I T N E S S E T H

          WHEREAS, the Company and the Existing Guarantors have heretofore executed and delivered to the
Trustee an indenture (the “Indenture”), dated as of December 4, 2003, as amended by the First
Supplemental Indenture dated as of April 1, 2004 among the Company, the Existing Guarantors, 3D Sea
II Ltd. and Taurus-Littrow Productions Inc. (the “First Supplemental Guarantors”) and the Trustee
(the “First Supplemental Indenture”), as further amended by the Second Supplemental Indenture dated
as of July 14, 2004 among the Company, the Existing Guarantors, the First Supplemental Guarantors
and Big Engine Films Inc. (the “Second Supplemental Guarantor”) and the Trustee (the “Second
Supplemental Indenture”), as further amended by the Third Supplemental Indenture dated as of
February 2, 2005 among the Company, the Existing Guarantors, the First Supplemental Guarantors, the
Second Supplemental Guarantor and Automation Productions Ltd. (the “Third Supplemental Guarantor”)
and the Trustee (the “Third Supplemental Indenture”), as further amended by the Fourth Supplemental
Indenture dated as of April 10, 2006 among the Company, the Existing Guarantors, the First
Supplemental Guarantors, the Second Supplemental Guarantor, Conversion Films Ltd., Feathered Films
Ltd. and Great Ant Productions Ltd. (the “Fourth Supplemental Guarantors”) and the Trustee (the
“Fourth Supplemental Indenture”), as further amended by the Fifth Supplemental Indenture dated as
of June 19, 2006 among the Company, the Existing Guarantors, the First Supplemental Guarantors, the
Second Supplemental Guarantor, the Fourth Supplemental Guarantors, Acorn Rain Productions Ltd. (the
“Fifth Supplemental Guarantor”) and the Trustee (the “Fifth Supplemental Indenture”), as further
amended by the Sixth Supplemental Indenture dated as of November 9, 2006 among the Company, the
Existing Guarantors, the First Supplemental Guarantors, the Second Supplemental Guarantor, the
Fourth Supplemental Guarantors, the Fifth Supplemental Guarantor, Walking Bones Pictures Ltd. (the
“Sixth Supplemental Guarantor”) and the Trustee (the “Sixth Supplemental Indenture”), as further
amended by the Seventh Supplemental Indenture dated as of January 29, 2007 among the Company, the
Existing Guarantors, the First Supplemental Guarantors, the Second Supplemental Guarantor, the
Fourth Supplemental Guarantors, the Fifth Supplemental Guarantor, the Sixth Supplemental Guarantor,
Raining Arrows

 

 

Productions Ltd. (the “Seventh Supplemental Guarantor”) and the Trustee (the “Seventh
Supplemental Indenture”), as further amended by the Eighth Supplemental Indenture dated as of March
26, 2007 among the Company, the Existing Guarantors, the First Supplemental Guarantors, the Second
Supplemental Guarantor, the Fourth Supplemental Guarantors, the Fifth Supplemental Guarantor, the
Sixth Supplemental Guarantor, the Seventh Supplemental Guarantor, Coral Sea Films Ltd. (the “Eighth
Supplemental Guarantor”) and the Trustee (the “Eighth Supplemental Indenture”), and as further
amended by the Ninth Supplemental Indenture dated as of April 16, 2007 among the Company, the
Existing Guarantors, the First Supplemental Guarantors, the Second Supplemental Guarantor, the
Fourth Supplemental Guarantors, the Fifth Supplemental Guarantor, the Sixth Supplemental Guarantor,
the Seventh Supplemental Guarantor, the Eighth Supplemental Guarantor and the Trustee (the “Ninth
Supplemental Indenture”) providing for the issuance of
95/8% Senior Notes due 2010 (the
“Securities”);

          WHEREAS, IMAX Sandde Animation Inc., one of the Existing Guarantors, was dissolved on February
8, 2005, and the Third Supplemental Guarantor was dissolved on December 31, 2005 and each are
therefore no longer Guarantors;

          WHEREAS, the Indenture provides that under certain circumstances each Guaranteeing Subsidiary
shall execute and deliver to the Trustee a supplemental indenture pursuant to which any
newly-acquired or created Guarantor shall unconditionally guarantee all of the Company’s
obligations under the Securities and the Indenture on the terms and conditions set forth herein
(the “Subsidiary Guarantee”); and

          WHEREAS, pursuant to Section 901 of the Indenture, the Trustee is authorized to execute and
deliver this Tenth Supplemental Indenture;

          NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary and the
Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the
Securities as follows:

          1. Capitalized Terms. Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.

          2. Agreement to Guarantee. The Guaranteeing Subsidiary irrevocably and unconditionally
guarantees the Guarantee Obligations, which include (i) the due and punctual payment of the
principal of, premium, if any, and interest and Special Interest, if any, on the Securities,
whether at maturity, by acceleration, redemption, upon a Change of Control Offer, upon an Asset
Sale Offer or otherwise, the due and punctual payment of interest on the overdue principal and
premium, if any, and (to the extent permitted by law) interest on any interest on the Securities,
and payment of expenses, and the due and punctual performance of all other obligations of the
Company, to the Holders or the Trustee all in accordance with the terms set forth in Article XIII
of the Indenture, and (ii) in case of any extension of time of payment or renewal of any Securities
or any such other obligations, that the same will be promptly paid in full when due or performed in
accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration,
redemption, upon a Change of Control Offer, upon an Asset Sale Offer or otherwise.

          The obligations of the Guaranteeing Subsidiary to the Holders and to the Trustee pursuant to
this Subsidiary Guarantee and the Indenture are expressly set forth in Article XIII of the

2

 

Indenture and reference is hereby made to such Indenture for the precise terms of this
Subsidiary Guarantee.

          No past, present or future director, officer, partner, manager, employee, incorporator or
stockholder (direct or indirect) of the Guaranteeing Subsidiary (or any such successor entity), as
such, shall have any liability for any obligations of such Guaranteeing Subsidiary under this
Subsidiary Guarantee or the Indenture or for any claim based on, in respect of, or by reason of,
such obligations or their creation, except in their capacity as an obligor or Guarantor of the
Securities in accordance with the Indenture.

          This is a continuing Guarantee and shall remain in full force and effect and shall be binding
upon the Guaranteeing Subsidiary and its successors and assigns until full and final payment of all
of the Company’s obligations under the Securities and Indenture or until released in accordance
with the Indenture and shall inure to the benefit of the successors and assigns of the Trustee and
the Holders, and, in the event of any transfer or assignment of rights by any Holder or the
Trustee, the rights and privileges herein conferred upon that party shall automatically extend to
and be vested in such transferee or assignee, all subject to the terms and conditions hereof. This
is a Guarantee of payment and not of collectibility.

          The obligations of the Guaranteeing Subsidiary under its Subsidiary Guarantee shall be limited
to the extent necessary to insure that it does not constitute a fraudulent conveyance under
applicable law.

          THE TERMS OF ARTICLE XIII OF THE INDENTURE ARE INCORPORATED HEREIN BY REFERENCE.

          3. NEW YORK LAW TO GOVERN. THE LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO
CONSTRUE THIS TENTH SUPPLEMENTAL INDENTURE.

          4. Counterparts. The parties may sign any number of copies of this Tenth Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same
agreement.

          5. Effect of Headings. The Section headings herein are for convenience only and shall not
affect the construction hereof.

3

 

     IN WITNESS WHEREOF, the parties hereto have caused this Tenth Supplemental Indenture to be
duly executed and attested, all as of the date first above written.

	 	 	 	 	 	 	 
	 	 	IMAX Corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By

Name:
	 	“G. Mary Ruby
 

G. Mary Ruby
	 	 
	 

	 	Title:
	 	Sr. Vice President, Legal Affairs,	 	 
	 

	 	 	 	Deputy General Counsel and
Corporate Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Chief Financial Officer	 	 
	 
	 	 	 	 	 	 
	 	 	Existing Guarantors:	 	 
	 
	 	 	 	 	 	 
	 	 	David Keighley Productions 70MM Inc.	 	 
	 	 	IMAX II U.S.A. Inc.	 	 
	 	 	IMAX Chicago Theatre LLC	 	 
	 

	 	 	 	By its Managing Member

IMAX Theatre Holding (California I) Co.	 	 
	 	 	IMAX Minnesota Holding Co.	 	 
	 	 	IMAX Rhode Island Limited Partnership	 	 
	 

	 	 	 	By its General Partner

IMAX Providence General Partner Co.	 	 
	 	 	IMAX Scribe Inc.	 	 
	 	 	IMAX Space Ltd.	 	 
	 	 	IMAX Theatre Holding Co.	 	 
	 	 	IMAX Theatre Holdings (OEI) Inc.	 	 
	 	 	IMAX Theatre Management Company	 	 
	 	 	IMAX Theatre Services Ltd.	 	 
	 	 	IMAX U.S.A. Inc.	 	 
	 	 	Miami Theatre LLC	 	 
	 

	 	 	 	By its Managing Member

IMAX Theatre Holding (California I) Co.	 	 
	 	 	Nyack Theatre LLC	 	 
	 

	 	 	 	By its Managing Member

IMAX Theatre Holding (Nyack I) Co.	 	 
	 	 	Parker Pictures Ltd.	 	 
	 	 	Ridefilm Corporation	 	 
	 	 	Sacramento Theatre LLC	 	 
	 

	 	 	 	By its Managing Member

IMAX Theatre Holding (California I) Co.	 	 
	 	 	Sonics Associates, Inc.	 	 
	 	 	Starboard Theatres Ltd.	 	 
	 	 	Tantus Films Ltd.	 	 

 

 

	 	 	 	 	 	 	 
	 	 	1329507 Ontario Inc.	 	 
	 	 	924689 Ontario Inc.	 	 
	 	 	IMAX (Titanica) Ltd.	 	 
	 	 	IMAX (Titanic) Inc.	 	 
	 	 	IMAX Music Ltd.	 	 
	 	 	IMAX Film Holding Co.	 	 
	 	 	IMAX Indianapolis LLC	 	 
	 	 	IMAX Providence General Partner Co.	 	 
	 	 	IMAX Providence Limited Partner Co.	 	 
	 	 	IMAX Theatre Holding (California I) Co.	 	 
	 	 	IMAX Theatre Holding (California II) Co.	 	 
	 	 	IMAX Theatre Holding (Nyack I) Co.	 	 
	 	 	IMAX Theatre Holding (Nyack II) Co.	 	 
	 	 	IMAX Theatre Management (Scottsdale), Inc.	 	 
	 	 	Strategic Sponsorship Corporation	 	 
	 	 	Tantus II Films Ltd.	 	 
	 	 	RPM Pictures Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	First Supplemental Guarantors:	 	 
	 
	 	 	 	 	 	 
	 	 	Taurus-Littrow Productions Inc.

3D Sea II Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	Second Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Big Engine Films Inc.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	Fourth Supplemental Guarantors:	 	 
	 
	 	 	 	 	 	 
	 	 	Conversion Films Ltd.	 	 
	 	 	Feathered Films Ltd.	 	 
	 	 	Great Ant Productions Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	Fifth Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Acorn Rain Productions Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	Sixth Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Walking Bones Pictures Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	Seventh Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Raining Arrows Productions Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President, Finance	 	 

 

 

	 	 	 	 	 	 	 
	 	 	Eighth Supplemental Guarantor:	 	 
	 
	 	 	 	 	 	 
	 	 	Coral Sea Films Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President, Finance	 	 
	 
	 	 	 	 	 	 
	 	 	Guaranteeing Subsidiary:	 	 
	 
	 	 	 	 	 	 
	 	 	IMAX International Sales Corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“G. Mary Ruby	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	G. Mary Ruby	 	 
	 

	 	Title:
	 	Secretary	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	“Edward MacNeil	 	 
	 

	 	 	 	 	 	 
	 

	 	`Name:
	 	Edward MacNeil	 	 
	 

	 	Title:
	 	Vice President, Finance	 	 

 

 

	 	 	 	 	 	 	 
	 	 	Trustee:	 	 
	 
	 	 	 	 	 	 
	 	 	U.S. Bank National Association,

   As Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	“Raymond S. Haverstock”	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:

Title:
	 	Raymond S. Haverstock 

Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}]]