Document:

exv4w12

Exhibit 4.12

Execution Version

FIRST LIEN TRADEMARK SECURITY AGREEMENT

          THIS FIRST LIEN TRADEMARK SECURITY AGREEMENT (this “Agreement”), dated as of August
31, 2010, is entered into by U.S. CONCRETE, INC., a Delaware corporation (“Grantor”), and
U.S. BANK NATIONAL ASSOCIATION, a national banking association, in its capacity as trustee and
noteholder collateral agent (the “Noteholder Collateral Agent”) for the Secured Parties.

          Capitalized terms not otherwise defined herein shall have the meanings set forth in that
certain Pledge and Security Agreement dated as of the date hereof among Grantor and the Noteholder
Collateral Agent (as such agreement may be amended, restated, supplemented or modified from time to
time, the “Security Agreement”).

          WHEREAS, pursuant to the Security Agreement, Grantor is required to grant a security interest
to the Noteholder Collateral Agent, for the benefit of the Secured Parties, in all of Grantor’s
trademarks, trade names, service marks, logos and all registrations and recordings thereof and
applications (other than “intent to use” applications until a verified statement of use or
allegation of use is filed and accepted by the U.S. Patent and Trademark Office with respect to
such applications) in connection therewith, whether registered or unregistered, now owned or
hereafter acquired, and wherever located, including the trademarks and trademark applications
listed on Schedule 1 hereto (collectively, the “Secured Trademarks”).

          NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, Grantor and the
Noteholder Collateral Agent hereby agree as follows:

1. Grant of Security Interest.

     (a) Grantor hereby pledges, collaterally assigns and grants to the Noteholder
Collateral Agent, on behalf of and for the ratable benefit of the Secured Parties, a
security interest in all of Grantor’s right, title and interest in, to and under all the
Secured Trademarks, including all reissues, extensions or renewals thereof and all goodwill
associated with or symbolized by any of the foregoing.

     (b) The security interest granted hereby is granted in conjunction with the security
interest granted to the Noteholder Collateral Agent under the Security Agreement and is
subject to the terms and conditions of the Intercreditor Agreement. The rights and remedies
of the Secured Parties with respect to the security interest granted hereby are further set
forth in the Security Agreement. In the event of any conflict between the terms of this
Agreement and the terms of the Security Agreement, the terms of the Security Agreement shall
control.

2. Termination of Security Interest.

          The security interest created hereby shall terminate in accordance with the terms and
conditions set forth in the Security Agreement.

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3. Modification of Agreement.

          This Agreement or any provision hereof may not be changed, waived, or terminated except in
accordance with the amendment provisions of the Security Agreement. Notwithstanding the foregoing,
the Noteholder Collateral Agent may modify this Agreement, after obtaining the Grantor’s approval
of or signature to such modification, by amending Schedule 1 hereto to include reference to
any right, title or interest in any trademarks currently owned by Grantor or any trademarks
acquired by Grantor after the execution hereof or to delete any reference to any right, title or
interest in any trademarks in which Grantor no longer has or claims any right, title or interest.

4. Governing Law.

          THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN
ACCORDANCE WITH AND BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK AND, TO THE EXTENT
CONTROLLING, LAWS OF THE UNITED STATES OF AMERICA, EXCEPT TO THE EXTENT THAT THE LAWS OF ANY STATE
IN WHICH ANY OF THE COLLATERAL IS LOCATED NECESSARILY GOVERNS THE VALIDITY, PERFECTION, PRIORITY
AND ENFORCEABILITY, AND THE EXERCISE OF ANY REMEDIES WITH RESPECT TO ANY LIEN OR SECURITY INTEREST
INTENDED TO BE CREATED OR GRANTED HEREBY ON COLLATERAL LOCATED IN SUCH STATE.

5. Successors and Assigns.

          This Agreement shall be binding upon and inure to the benefit of the Noteholder Collateral
Agent and Grantor and their respective successors and permitted assigns. Grantor shall not,
without the prior written consent of the Noteholder Collateral Agent given in accordance with the
Security Agreement, assign any right, duty or obligation hereunder.

6. Counterparts.

          This Agreement may be executed in any number of counterparts and by the parties hereto on
separate counterparts, each of which when so executed, shall be deemed to be an original and all of
which taken together shall constitute one and the same instrument. Delivery of an executed
counterpart of a signature page of this Agreement by facsimile or other electronic communication
(including via email or PDF) shall be effective as delivery of a manually executed counterpart of
this Agreement.

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

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          IN WITNESS WHEREOF, Grantor and the Noteholder Collateral Agent have caused this Agreement to
be duly executed and delivered as of the date first above written.

	 	 	 	 	 	 	 

	 	 	GRANTOR:

U.S. CONCRETE, INC., a Delaware corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	 

	 	 
	 

	 	Title:	 	 	 	 

	 	 	 	 	 	 	 	 	 

	STATE OF

	 	 	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	)	 	 	ss:
	COUNTY OF

	 	 	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 	 

          On August __, 2010, before me, the undersigned, a notary public in and for said state and
county, personally appeared __________________, personally known to me (or proved to me on the
basis of satisfactory evidence), to be the person who executed the within instrument as the
_______________, on behalf of U.S. Concrete, Inc., a Delaware corporation, the company herein
named, and acknowledged to me that the company executed the within instrument pursuant to its
bylaws and/or the resolutions of its board of directors.

WITNESS MY HAND AND/OR OFFICIAL SEAL.

(NOTARIAL STAMP OR SEAL)

	 	 	 	 	 

	 

	 	 

Notary Public
	 	 

My Commission Expires:

______________________

[Signature Page to Trademark Security Agreement]

 

	 	 	 	 	 	 	 

	 	 	U.S. BANK NATIONAL ASSOCIATION, as
Noteholder Collateral Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	 

	 	 
	 

	 	Title:	 	 	 	 

	 	 	 	 	 	 	 	 	 

	STATE OF

	 	 	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	)	 	 	ss:
	COUNTY OF

	 	 	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 	 

          On August __, 2010, before me, the undersigned, a notary public in and for said state and
county, personally appeared __________________, personally known to me (or proved to me on the
basis of satisfactory evidence), to be the person who executed the within instrument as a
_______________ on behalf of U.S. Bank National Association, a national banking association, and
acknowledged to me that the bank executed the within instrument pursuant to its bylaws or a
resolution of its board of directors.

WITNESS MY HAND AND/OR OFFICIAL SEAL.

(NOTARIAL STAMP OR SEAL)

	 	 	 	 	 

	 

	 	 

                     Notary Public
	 	 

My Commission Expires:

                                                            

[Signature Page to Trademark Security Agreement]

 

 

SCHEDULE 1

TRADEMARKS

	 	 	 	 	 	 	 	 	 
	Name of Grantor	 	Trademark	 	Registration Date	 	 	Registration Number
	U.S. Concrete, Inc.

	 	CON-STRUCT-LITE
	 	6/24/2008
	 	 	3455590	 
	U.S. Concrete, Inc.

	 	EF TECHNOLOGY
	 	4/22/2008
	 	 	3415322	 
	U.S. Concrete, Inc.

	 	EF TECHNOLOGY and
design
	 	4/22/2008
	 	 	3415323	 

TRADEMARK APPLICATIONS

Trademark Applications:

	 	 	 	 	 	 	 
	 	 	 	 	 	 	Application Serial
	Name of Grantor	 	Trademark Application	 	Application Filing Date	 	Number
	U.S. Concrete, Inc.

	 	ARIDUS
	 	8/30/2010
	 	85/119,125

Schedule 1-1exv10w1

Exhibit 10.1

	 	 	 

	To:

	 	Atmel SARL as the borrower under
	 

	 	the Facility Agreement defined below
	 

	 	(the “Borrower”)
	 
	 	 
	 

	 	Atmel Corporation as a guarantor and
	 

	 	as the US parent of the Borrower
	 

	 	(the “US Parent”)
	 
	 	 
	 

	 	Atmel Switzerland SARL as the Swiss Parent of the Borrower and a guarantor
	 

	 	(the “Swiss Parent” and, together with the US Parent, the “Guarantors”)
	 
	 	 
	From:

	 	Bank of America, N.A.
	 

	 	as facility agent under the Facility Agreement
	 

	 	and as security agent under the Receivables Pledge Agreement
	 

	 	(the “Facility Agent”)

June 24, 2010

Dear Sirs

FACILITY AGREEMENT WAIVER (THE “WAIVER LETTER”)

	1.	 	DEFINITIONS
	 
	(a)	 	We refer to (1) a US$165,000,000 facility agreement dated 15 March 2006 between, among
others, (i) the Borrower, (ii) the Guarantors, (iii) the Lenders party thereto, (iv) the
Facility Agent and (v) Bank of America, N.A. as Security Agent (as amended, supplemented,
varied, novated and/or restated from time to time, the “Facility Agreement”) and (2) the
receivables pledge agreement dated 15 March 2006 between the Borrower and Bank of America,
N.A., as Security Agent (the “Receivables Pledge Agreement”).
	 
	(b)	 	The Borrower has asked us to waive the applicability of Clause 20.3 (Disposals) of the
Facility Agreement to permit the contemplated disposal of certain assets by the Borrower and
the Swiss Parent in connection with the US Parent’s proposed sale of its secure
microcontroller solutions business, with further background as set out in the letter dated
June 23, 2010 from the US Parent to the Facility Agent (the “Waiver Request”).
	 
	(c)	 	The Borrower has asked us to release our rights as Security Agent under the Receivables
Pledge Agreement to those contracts that are the subject of the Contract Transfers (as such
term is defined in the Waiver Request) (the “Release Request”).
	 
	(d)	 	Unless otherwise defined, terms defined in the Facility Agreement have the same meaning in
this Waiver Letter. Clause references herein are to clauses of the Facility Agreement.

 

 

	2.	 	WAIVER
	 
	 	 	Subject to the terms of this Waiver Letter and acting on the instructions of the Majority
Lenders, we hereby consent to the Waiver Request and, accordingly, waive the applicability
of Clause 20.3 (Disposals) of the Facility Agreement for the sole purpose of permitting the
Asset Disposals (as such term is defined in the Waiver Request) (the “Waiver”).
	 
	3.	 	RELEASE
	 
	 	 	Subject to the terms of this Waiver Letter, we hereby grant the Release Request and,
accordingly, release our rights as Security Agent under the Receivables Pledge Agreement to
those contracts that are the subject of the Contract Transfers (as such term is defined in
the Waiver Request) (the “Release”).
	 
	4.	 	CONDITIONS
	 
	 	 	The Waiver and the Release shall be effective on and from the date on which we, in our
capacity as Facility Agent and Security Agent confirm receipt of:
	 
	(a)	 	a copy of the Purchase Agreement (as such term is defined in the Waiver Request)
substantially in the form provided to us immediately prior to execution of the Waiver Request,
together with schedules identifying (A) all contracts and purchase orders which will be sold
as part of the Contract Transfers (as such term is defined in the Waiver Request) and (B) all
inventory which will be sold as part of the Inventory Disposal (as such term is defined in the
Waiver Request); and
	 
	(b)	 	a copy of this Waiver Letter duly countersigned on behalf of the Borrower and the Guarantors.
	 
	5.	 	RESERVATION OF RIGHTS
	 
	 	 	The Waiver and Release are given strictly on the basis of the terms of this Waiver Letter
and without prejudice to the rights of the Finance Parties. Nothing in this Waiver Letter
shall be deemed to constitute a waiver of any Default, Event of Default or any further
amendment or consent under any Finance Document whatsoever. The terms of the Finance
Documents remain in full force and effect save as expressly amended by this Waiver Letter.
	 
	6.	 	REPRESENTATIONS
	 
	 	 	The Borrower and each Guarantor by countersigning this Waiver Letter hereby confirms that on
the date of this Waiver Letter:
	 
	(a)	 	each of the representations and warranties listed in paragraph (e) of Clause 17.1
(Representations and Warranties) of the Facility Agreement or stated to repeat in accordance
with Clause 17.2 (Repetition) of the Facility Agreement with respect to the facts and
circumstances then existing are true and correct; and
	 
	(b)	 	no Default has occurred and is continuing or, after giving effect to the Waiver and the
Release, would result from the making of or entering into an agreement to sell and transfer
any of the Asset Disposals (as such term is defined in the Waiver Request).

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	7.	 	STATUS OF DOCUMENTS
	 
	 	 	By countersigning this Waiver Letter, the Borrower and the Guarantors each hereby confirms
its agreement to the terms of this Waiver Letter and further confirms that its obligations
under the Finance Documents (including, without limitation, the guarantees and security
(including the priority of ranking of such security) provided thereby) shall continue in
full force and effect.
	 
	8.	 	MISCELLANEOUS
	 
	(a)	 	This Waiver Letter is designated as a Finance Document.
	 
	(b)	 	This Waiver Letter may be executed in any number of counterparts (whether by fax, electronic
copies such as PDF, or otherwise, but if by fax or electronic copies, with the original signed
letter being promptly sent to the other party hereto by an internationally recognized
overnight courier) and each such counterpart shall be deemed an original, and when taken
together, constitute one and the same instrument.
	 
	(c)	 	If any provision of this Waiver Letter is or becomes invalid, illegal or unenforceable in any
respect under any law, the validity, legality and enforceability of the remaining provisions
shall not be effected or impaired in any way.
	 
	(d)	 	The Contracts (Rights of Third Parties) Act 1999 shall not apply to this Waiver Letter and no
person other than the parties to this Waiver Letter shall have any rights under it.
	 
	(e)	 	This Waiver Letter and any matter, claim or dispute arising out or in connection with it,
whether contractual or non-contractual, is governed by, and is to be construed in accordance
with, English law without any reference to conflicts of law principles thereof. The
provisions of Clause 40 (Jurisdiction) of the Facility Agreement will apply to this Waiver
Letter mutatis mutandis.

Yours faithfully,

	 	 	 

	/s/ Lee Masters
 

for and on behalf of

	 	 
	BANK OF AMERICA, N.A.
	 	 
	(as Facility Agent, acting for and on behalf of, and on the instructions of, the Majority Lenders,
and as Security Agent)

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We hereby acknowledge and agree to the terms of the above:

	 	 	 

	/s/ Gregor Mathers
 

	 	 
	for and on behalf of
	 	 
	ATMEL SARL
	 	 
	as Borrower
	 	 
	 
	 	 
	/s/ Stephen Cumming
 

	 	 
	for and on behalf of
	 	 
	ATMEL CORPORATION
	 	 
	as US Parent and Guarantor
	 	 
	 
	 	 
	/s/ Gregor Mathers
 

	 	 
	for and on behalf of
	 	 
	ATMEL SWITZERLAND SARL
	 	 
	as Swiss Parent and Guarantor
	 	 

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