Document:

EX-10.4

 Exhibit 10.4 

SUPPLEMENT NO. 2 dated as of February 12, 2013, to the Amended and Restated Security Agreement dated as of
October 11, 2007, amended and restated as of February 28, 2011 (the “Security Agreement”) among UNIVAR INC., a Delaware corporation (the “Borrower”), each Domestic Subsidiary of the Borrower listed on
Annex A thereto (each such Domestic Subsidiary individually a “Subsidiary Grantor” and, collectively, the “Subsidiary Grantors”; the Subsidiary Grantors and the Borrower are referred to collectively herein as the
“Grantors”), BANK OF AMERICA, N.A., as collateral agent (in such capacity, the “Collateral Agent”) under the Credit Agreement referred to below. 

A. Reference is made to the Credit Agreement dated as of October 11, 2007 (as amended and restated as of September 20, 2010, further
amended and restated as of February 28, 2011, and further amended and restated as of October 3, 2012 and as the same may be further amended, restated, supplemented or otherwise modified, refinanced or replaced from time to time, the
“Credit Agreement”) among the Borrower, the lenders or other financial institutions from time to time parties thereto (the “Lenders”), BANK OF AMERICA, N.A., as the Administrative Agent, and the other parties named
thereto. 
 B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Security
Agreement. 
 C. The Grantors have entered into the Security Agreement in order to induce the Administrative Agent, the Collateral Agent and
the Lenders to enter into the Credit Agreement and to induce the respective Lenders to make their respective Loans to the Borrower under the Credit Agreement and to induce one or more Cash Management Banks and Hedge Banks to enter into Secured Cash
Management Agreements and Secured Hedge Agreements with the Borrower and/or its Subsidiaries. 
 D. Section 8.8 of the Credit Agreement
and Section 8.13 of the Security Agreement provide that each Domestic Subsidiary of the Borrower that is required to become a party to the Security Agreement pursuant to Section 8.8 of the Credit Agreement shall become a Grantor, with the
same force and effect as if originally named as a Grantor therein, for all purposes of the Security Agreement upon execution and delivery by such Domestic Subsidiary of an instrument in the form of this Supplement. Each undersigned Domestic
Subsidiary (each a “New Grantor”) is executing this Supplement in accordance with the requirements of the Security Agreement to become a Subsidiary Grantor under the Security Agreement in order to induce the Lenders to make
additional Loans and as consideration for Loans previously made. 
 Accordingly, the Collateral Agent and the New Grantors agree as follows:

 SECTION 1. In accordance with subsection 8.13 of the Security Agreement, each New Grantor by its signature below becomes a Grantor under
the Security Agreement with the same force and effect as if originally named therein as a Grantor and each New Grantor hereby (a) agrees to all the terms and provisions of the Security Agreement applicable to it as a

 
Grantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Grantor thereunder are true and correct on and as of the date hereof (except to the
extent such representations related to any earlier date). In furtherance of the foregoing, each New Grantor, as security for the payment and performance in full of the Obligations, does hereby bargain, sell, convey, assign, set over, mortgage,
pledge, hypothecate and transfer to the Collateral Agent for the benefit of the Secured Parties, and hereby grants to the Collateral Agent for the benefit of the Secured Parties, a Security Interest in all of the Collateral of such New Grantor, in
each case whether now or hereafter existing or in which it now has or hereafter acquires an interest. Each reference to a “Grantor” in the Security Agreement shall be deemed to include each New Grantor. The Security Agreement is hereby
incorporated herein by reference. 
 SECTION 2. Each New Grantor represents and warrants to the 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. 

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), 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
Collateral Agent and the Borrower. This Supplement shall become effective as to each New Grantor when the Collateral Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of such New Grantor and the
Collateral Agent. 
 SECTION 4. Each New Grantor hereby represents and warrants that (a) set forth on Schedule I hereto is (i) the
legal name of such New Grantor, (ii) the jurisdiction of incorporation or organization of such New Grantor, (iii) the mailing address for such New Grantor, (iv) the identity or type of organization or corporate structure of such New
Grantor and (v) the Federal Taxpayer Identification Number and organizational number of such New Grantor (if any) and (b) as of the date hereof(i) Schedule II hereto sets forth, in all material respects, all of each New Grantor’s
Copyright Licenses, (ii) Schedule III hereto sets forth in all material respects, in proper form for filing with the United States Copyright Office, all of each New Grantor’s Copyrights (and all applications therefor), (iii) Schedule
IV hereto sets forth in all material respects all of each New Grantor’s Patent Licenses, (iv) Schedule V hereto sets forth in all material respects, in proper form for filing with the United States Patent and Trademark Office, all of each
New Grantor’s Patents (and all applications therefor), (v) Schedule VI hereto sets forth in all material respects all of each New Grantor’s Trademark Licenses, (vi) Schedule VII hereto sets forth in all material respects, in
proper form for filing with the United States Patent and Trademark Office, all of each New Grantor’s Trademarks (and all applications therefor) and (vii) Schedule VIII hereto sets forth all of New Grantor’s Pledged Collateral in each
case with respect to this Section 4(b) that are to constitute Collateral. 
 SECTION 5. Except as expressly supplemented hereby, the
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 STATE OF NEW YORK. 
 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 Security
Agreement, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

SECTION 8. All notices, requests and demands pursuant hereto shall be made in accordance with Section 12.2 of the Credit Agreement. All
communications and notices hereunder to each New Grantor shall be given to it in care of the Borrower at the Borrower’s address set forth in Section 12.2 of the Credit Agreement. 

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

					
	MAGNABLEND HOLDINGS, INC.
		
	By:	 	

		 	  

		 	Name:	 	Thomas P. Martin
		 	Title:	 	Treasurer
	
	MAGNABLEND, INC.
		
	By:	 	

		 	  

		 	Name:	 	Thomas P. Martin
		 	Title:	 	Treasurer
	
	PMF CAPITAL, LLC
		
	By:	 	

		 	  

		 	Name:	 	Thomas P. Martin
		 	Title:	 	Treasurer
	
	BANK OF AMERICA, N.A., as Collateral Agent
		
	By:	 	
		 	  

		 	Name:	 	
		 	Title:	 	

  
 [Signature page to
Supplement to Security Agreement – Term Loan] 

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

					
	MAGNABLEND HOLDINGS, INC.
		
	By:	 	
		 	  

		 	Name:	 	
		 	Title:	 	
	
	MAGNABLEND, INC.
		
	By:	 	
		 	  

		 	Name:	 	
		 	Title:	 	
	
	PMF CAPITAL, LLC
		
	By:	 	
		 	  

		 	Name:	 	
		 	Title:	 	
	
	BANK OF AMERICA, N.A., as Collateral Agent
		
	By:	 	

		 	  

		 	Name:	 	Liliana Claar
		 	Title:	 	Vice President

  
 [Signature Page to
Supplement to Security Agreement – Term Loan] 

 SCHEDULE I 

TO SUPPLEMENT NO. 2 TO THE 

SECURITY AGREEMENT 

COLLATERAL 
  

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

	Magnablend Holdings, Inc.	  	Delaware	  	326 North Grand Avenue, Waxahachie, TX 75165	  	Corporation	  	80-0726400; 4971677
					
	Magnablend, Inc.	  	Texas	  	326 North Grand Avenue, Waxahachie, TX 75165	  	Corporation	  	75-1658841; 47730500
					
	PMF Capital, LLC	  	Delaware	  	326 North Grand Avenue, Waxahachie, TX 75165	  	Limited Liability Company	  	N/A; 5098408

 SCHEDULE II 

TO SUPPLEMENT NO. 2 TO THE 

SECURITY AGREEMENT 

COPYRIGHT LICENSES 
 None. 

 SCHEDULE III 

TO SUPPLEMENT NO. 2 TO THE 

SECURITY AGREEMENT 

COPYRIGHTS 
 None. 

 SCHEDULE IV 

TO SUPPLEMENT NO. 2 TO THE 

SECURITY AGREEMENT 
 PATENT
LICENSES 
 None. 

 SCHEDULE V 

TO SUPPLEMENT NO. 2 TO THE 

SECURITY AGREEMENT 
 PATENTS

 None. 

 SCHEDULE VI 

TO SUPPLEMENT NO. 2 TO THE 

SECURITY AGREEMENT 

TRADEMARK LICENSES 
 None. 

 SCHEDULE VII 

TO SUPPLEMENT NO. 2 TO THE 

SECURITY AGREEMENT 

TRADEMARKS 
 Domestic Trademarks 

 

							
	 Registered

Owner/Grantor
	  	Trademark	  	Registration No.	  	Application No.
		  	MAGNABLEND	  	3,625,468	  	
				
		  	MAGNABLEND	  	3,645,628	  	
		  	INC. CUSTOM	  		  	
		  	CHEMICAL	  		  	
		  	MANUFACTURING,	  		  	
		  	 BLENDING & PACKAGING (and

Design)
	  		  	

 Foreign Trademarks 
 None.

 SCHEDULE VIII 

TO SUPPLEMENT NO. 2 TO THE 

SECURITY AGREEMENT 
 PLEDGED
COLLATERAL 
 1. 15,000 Common Stock of Magnablend, Inc., owned by Magnablend Holdings, Inc., Stock Certificate Number 012. 

2. 100% of the equity of PMF Capital, LLC, owned by Magnablend Holdings, Inc., Certificate Number 001.EX-10.5

 Exhibit 10.5 

AMENDED AND RESTATED GUARANTEE 

AMENDED AND RESTATED GUARANTEE dated as of October 11, 2007, as reaffirmed on September 20, 2010 and further amended and restated as
of February 28, 2011 by each of the signatories hereto and each of the other entities that becomes a party hereto pursuant to Section 19 (the “Guarantors” and individually, a “Guarantor”), in favor of the
Administrative Agent for the benefit of the Secured Parties (the “Guarantee”). 
 W I T N E S S E T H: 

WHEREAS, reference is made to the Credit Agreement, dated as of October 11, 2007, as amended and restated on September 20, 2010, as further amended
by Amendment No.1, dated as of October 28, 2010 and by the Joinder Agreement, dated as of December 17, 2010 and as further amended and restated as of February 28, 2011 (as the same may be amended, restated, supplemented or otherwise
modified, refinanced or replaced from time to time, the “Credit Agreement”), among Univar, Inc., a Delaware corporation (the “Borrower”), the registered lending institutions from time to time parties thereto (each a
“Lender” and, collectively, the “Lenders”), BANK OF AMERICA, N.A., as Administrative Agent, and the other parties named therein, pursuant to which, among other things, the Lenders have severally agreed to make Loans
to the Borrower upon the terms and subject to the conditions set forth therein, and one or more Cash Management Banks or Secured Hedge Banks may from time to time enter into Secured Cash Management Agreements and Secured Hedge Agreements with the
Borrower and/or its Subsidiaries; 
 WHEREAS, each Guarantor is a direct or indirect wholly-owned Domestic Subsidiary of the Borrower; 

WHEREAS, the proceeds of the Loans will be used in part to enable valuable transfers to the Guarantors in connection with the operation of
their respective businesses; 
 WHEREAS, each Guarantor acknowledges that it will derive substantial direct and indirect benefit from the
making of the Loans; and 
 WHEREAS, it is a condition precedent to the obligation of the Lenders to make their respective Loans to the
Borrower under the Credit Agreement that the Guarantors shall have executed and delivered this Guarantee to the Administrative Agent for the benefit of the Secured Parties; 

NOW, THEREFORE, in consideration of the premises and to induce the Administrative Agent, the Collateral Agent and the Lenders to enter into
the Credit Agreement and to induce the respective Lenders to make their respective Loans to the Borrower under the Credit Agreement and to induce one or more Cash Management Banks or Hedge Banks to enter into Secured Cash Management Agreements and
Secured Hedge Agreements with the Borrower and/or its Subsidiaries, the Guarantors hereby agree with the Administrative Agent, for the ratable benefit of the Secured Parties, as follows: 

1. Defined Terms. 
 (a)
Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 

 (b) The words “hereof”, “herein” and “hereunder” and words of
similar import when used in this Guarantee shall refer to this Guarantee as a whole and not to any particular provision of this Guarantee, and Section references are to Sections of this Guarantee unless otherwise specified. The words
“include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”. 

(c) The meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms. 

2. Guarantee. 
 (a)
Subject to the provisions of Section 2(b), each of the Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantees, as primary obligor and not merely as surety, to the Administrative Agent, for the ratable 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. 

(b) Anything herein or in any other Credit Document to the contrary notwithstanding, (i) the maximum liability of each Guarantor
hereunder and under the other Credit Documents shall in no event exceed the amount that can be guaranteed by such Guarantor under the Bankruptcy Code, or any applicable laws relating to corporate law, fraudulent conveyances, fraudulent transfers or
the insolvency of debtors and (ii) any provision of this agreement that is prohibited, void, voidable, unenforceable, invalid or would result in the liabilities of any Guarantor hereunder or under the other Credit Documents being subordinated
to any claims of other creditors in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition, voidness, voidability, unenforceability, invalidity or subordination without invalidating the remaining provisions
hereof, and any such prohibition, voidness, voidability, unenforceability, invalidity or subordination in any jurisdiction shall not make void, invalidate or render unenforceable or subordinate such provision in any other jurisdiction. 

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

(d) No payment or payments made by the Borrower, any of the Guarantors, any other guarantor or any other Person or received or collected by
the Administrative Agent or any other Secured Party from the Borrower, any of the 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 Guarantor hereunder, which shall, notwithstanding any such payment or payments, other than payments made by
such Guarantor in respect of the Obligations or payments received or collected from such Guarantor in respect of the Obligations, remain liable for the Obligations up to the maximum liability of such Guarantor hereunder until the Obligations under
the Credit Documents are paid in full (other than indemnities and other Contingent Obligations not then due). 

  
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 3. Right of Contribution. Each Guarantor hereby agrees that to the extent that a Guarantor
shall have paid more than its proportionate share of any payment made hereunder (including by way of set-off rights being exercised against it), such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor
hereunder who has not paid its proportionate share of such payment. Each 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 Guarantor to the Administrative Agent and the other Secured Parties, and each Guarantor shall remain liable to the Administrative Agent and the other Secured Parties up to the maximum liability of such
Guarantor hereunder. 
 4. Right of Set-off. In addition to any rights and remedies of the Secured Parties provided by law, each
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 Guarantor or any other Guarantor, (except for notice set
forth in Section 10.10 of the Credit Agreement) any such notice (except for notice set forth in Section 10.10 of the Credit Agreement) being expressly waived by each Guarantor, upon any amount becoming due and payable by such 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 Guarantor. Each Secured Party
shall notify such 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 application. 

5. No Subrogation. Notwithstanding any payment or payments made by any of the Guarantors hereunder or any set-off or appropriation and
application of funds of any of the Guarantors by the Administrative Agent or any other Secured Party, no Guarantor shall be entitled to be subrogated to any of the rights (or if subrogated by operation of law, such Guarantor hereby waives such
rights to the extent permitted by applicable law) of the Administrative Agent or any other Secured Party against the Borrower or any other Guarantor or any collateral security or guarantee or right of offset held by the Administrative Agent or any
other Secured Party for the payment of any of the Obligations, nor shall any Guarantor seek or be entitled to seek any contribution or reimbursement from the Borrower or any other Guarantor or other guarantor in respect of payments made by such
Guarantor hereunder until all amounts owing to the Administrative Agent and the other Secured Parties on account of the Obligations under the Credit Documents are paid in full and the Commitments are Terminated (other than contingent Obligations not
then due and payable). If any amount shall be paid to any Guarantor on account of such subrogation rights at any time when all the Obligations shall not have been paid in full (other than contingent Obligations not then due and payable), such amount
shall be held by such Guarantor for the Administrative Agent and the other Secured Parties, segregated from other funds of such Guarantor, and shall, forthwith upon receipt by such Guarantor, be turned over to the Administrative

  
 -3- 

 
Agent in the exact form received by such Guarantor (duly endorsed by such Guarantor to the Administrative Agent, if required), to be applied against the Obligations, whether due or to become due,
in such order as set forth in the Credit Agreement. 
 6. Amendments, etc. with Respect to the Obligations; Waiver of Rights. Each
Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor and without notice to or further assent by any Guarantor, (a) any demand for payment of any of the Obligations made by the
Administrative 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 Administrative Agent or any other Secured Party,
(c) the Credit Agreement, the other Credit Documents and any other documents executed and delivered in connection therewith and the Secured Cash Management Agreements and Secured Hedge Agreements and any other documents executed and delivered
in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders, as the case may be, or, in the case of any Secured Cash Management Agreement or Secured Hedge
Agreement, the party thereto) may deem advisable from time to time, and (d) any collateral security, guarantee or right of offset at any time held by the Administrative Agent or any other Secured Party for the payment of any of the Obligations
may be sold, exchanged, waived, surrendered or released. Neither the Administrative 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 Guarantee or any property subject thereto. When making any demand hereunder against any Guarantor, the Administrative Agent or any other Secured Party may, but shall be under no obligation to, make a similar demand on the Borrower or any
Guarantor or any other person, and any failure by the Administrative Agent or any other Secured Party to make any such demand or to collect any payments from the Borrower or any Guarantor or any other person or any release of the Borrower or any
Guarantor or any other person shall not relieve any Guarantor in respect of which a demand or collection is not made or any 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 Administrative Agent or any other Secured Party against any Guarantor. For the purposes hereof “demand” shall include the commencement and continuance of any legal proceedings.

 7. Guarantee Absolute and Unconditional. 

(a) Each 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 Administrative Agent or any other Secured Party upon this Guarantee or acceptance of this Guarantee. All Obligations shall conclusively be deemed to have been created, contracted or
incurred, or renewed, extended, amended, waived or accrued, in reliance upon this Guarantee, and all dealings between the Borrower and any of the Guarantors, on the one hand, and the Administrative 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 Guarantee. To the fullest extent permitted by applicable law, each Guarantor waives diligence, 

  
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promptness, presentment, protest and notice of protest, demand for payment or performance, notice of default or nonpayment, notice of acceptance and any other notice in respect of the Obligations
or any part of them, and any defense arising by reason of any disability or other defense of the Borrower or any of the Guarantors with respect to the Obligations. Each Guarantor understands and agrees that this Guarantee shall be construed as a
continuing, absolute and unconditional guarantee of payment in accordance with its terms without regard to (a) the validity, regularity or enforceability of the Credit Agreement, any other Credit Document, any Secured Cash Management Agreement
or Secured Hedge Agreement, any of the Obligations or any collateral security therefor or guarantee or right of offset with respect thereto at any time or from time to time held by the Administrative 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 the Borrower against the Administrative Agent or any other Secured Party or (c) any other circumstance
whatsoever (with or without notice to or knowledge of the Borrower or such Guarantor) that constitutes, or might be construed to constitute, an equitable or legal discharge of the Borrower for the Obligations, or of such Guarantor under this
Guarantee, in bankruptcy or in any other instance. When pursuing its rights and remedies hereunder against any Guarantor, the Administrative Agent and any other Secured Party may, but shall be under no obligation to, pursue such rights and remedies
as it may have against the Borrower 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 Administrative Agent or any other Secured Party to pursue
such other rights or remedies or to collect any payments from the Borrower 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 the Borrower or any such
other Person or any such collateral security, guarantee or right of offset, shall not relieve such 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 Administrative Agent and the other Secured Parties against such Guarantor. 
 (b) This Guarantee shall remain in full force and
effect and be binding in accordance with and to the extent of its terms upon each Guarantor and the successors and assigns thereof and shall inure to the benefit of the Administrative Agent and the other Secured Parties and their respective
successors, endorsees, transferees and assigns until all Obligations (other than any contingent indemnity obligations not then due) shall have been satisfied by payment in full and the Commitments thereunder shall have been terminated,
notwithstanding that from time to time during the term of the Credit Agreement and any Secured Cash Management Agreement or Secured Hedge Agreement the Credit Parties may be free from any Obligations. 

(c) A Guarantor shall automatically be released from its obligations hereunder and the Guarantee of such Guarantor shall be automatically
released under the circumstances described in Section 12.1 of the Credit Agreement. 
 8. Reinstatement. This 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 Administrative Agent or any other Secured Party upon
the insolvency, bankruptcy, dissolution, liquidation or reorganization of the Borrower or any Guarantor, or upon or as a result of the appointment of a receiver, intervenor or conservator of, or trustee or similar officer for, the Borrower or any
Guarantor or any substantial part of its property, or otherwise, all as though such payments had not been made. 

  
 -5- 

 9. Payments. Each Guarantor hereby guarantees that payments hereunder will be paid to the
Administrative Agent without set-off or counterclaim in accordance with Section 4 of the Credit Agreement. Each Guarantor agrees that the provisions of Sections 4.4 and 12.19 of the Credit Agreement shall apply to such Guarantor’s
obligations under this Guarantee. 
 10. Representations and Warranties; Covenants. Each Guarantor hereby represents and warrants
that the representations and warranties set forth in Sections 7.1, 7.2, 7.3 and 7.6 of the Credit Agreement are true and correct in all material respects as they relate to such Guarantor, each of which is hereby incorporated herein by reference, are
true and correct in all material respects as of the Closing Date (except where such representations and warranties expressly relate to an earlier date, in which case such representations and warranties were true and correct in all material respects
as of such earlier date), and the Administrative Agent and each other Secured Party shall be entitled to rely on each of them as if they were fully set forth herein. 

11. Authority of the Administrative Agent. 

(a) The Administrative Agent enters into this Guarantee in its capacity as agent for the Secured Parties from time to time. The rights and
obligations of the Administrative Agent under this Guarantee at any time are the rights and obligations of the Secured Parties at that time. Each of the Secured Parties has (subject to the terms of the Credit Documents) a several entitlement to each
such right, and a several liability in respect of each such obligation, in the proportions described in the Credit Documents. The rights, remedies and discretions of the Secured Parties, or any of them, under this Guarantee may be exercised by the
Administrative Agent. No party to this Guarantee is obliged to inquire whether an exercise by the Administrative Agent of any such right, remedy or discretion is within the Administrative Agent’s authority as agent for the Secured Parties. 

(b) Each party to this Guarantee acknowledges and agrees that any changes (in accordance with the provisions of the Credit Documents) in the
identity of the persons from time to time comprising the Secured Parties gives rise to an equivalent change in the Secured Parties, without any further act. Upon such an occurrence, the persons then comprising the Secured Parties are vested with the
rights, remedies and discretions and assume the obligations of the Secured Parties under this Guarantee. Each party to this Guarantee irrevocably authorizes the Administrative Agent to give effect to the change in Lenders contemplated in this
Section II (b) by countersigning an Assignment and Acceptance. 
 12. Notices. All notices, requests and demands pursuant hereto
shall be made in accordance with Section 12.2 of the Credit Agreement. All communications and notices hereunder to any Guarantor shall be given to it in care of the Borrower at the Borrower’s address set forth in Section 12.2 of the
Credit Agreement. 
 13. Counterparts. This Guarantee may be executed by one or more of the parties to this Guarantee on any number
of separate counterparts (including by facsimile or other electronic transmission), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. A set of the copies of this Guarantee signed by all the
parties shall be lodged with the Administrative Agent and the Borrower 

  
 -6- 

 14. Severability. Any provision of this 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. 
 15. Integration. This Guarantee together
with the other Credit Documents represent the agreement of each Guarantor and the Administrative Agent with respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties by the Administrative 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. 

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

(a) None of the terms or provisions of this Guarantee may be waived, amended, supplemented or otherwise modified except in accordance with
Section 12.1 of the Credit Agreement. 
 (b) Neither the Administrative Agent nor any other Secured Party shall by any act (except by a
written instrument pursuant to Section 16(a)), 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 Administrative 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 Administrative Agent or any other Secured Party of any right or remedy hereunder on
anyone occasion shall not be construed as a bar to any right or remedy that the Administrative Agent or any Secured Party would otherwise have on any future occasion. 

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

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

  
 -7- 

 19. Additional Guarantors. Each Domestic Subsidiary of the Borrower that is required to
become a party to this Guarantee pursuant to Section 8.8 or 8.11 of the Credit Agreement shall become a Guarantor, with the same force and effect as if originally named as a Guarantor herein, for all purposes of this Guarantee, upon execution
and delivery by such Domestic Subsidiary of a written supplement substantially in the form of Annex A hereto. The execution and delivery of any instrument adding an additional Guarantor as a party to this Guarantee shall not require the consent of
any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Guarantee. 

20. WAIVER OF JURY TRIAL. EACH GUARANTOR 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. 
 21. Submission to Jurisdiction;
Waivers; Service of Process. Each Guarantor hereby irrevocably and unconditionally: 
 (a) submits for itself and its
property in any legal action or proceeding relating to this 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 non-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 may 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 Guarantor in care of the Borrower at the Borrower address set forth in the Credit Agreement, and such Person hereby irrevocably authorizes and directs the Borrower
to accept such service on its behalf; 
 (d) agrees that nothing herein shall affect the right of the Administrative 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 Administrative 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 21 any special, exemplary, punitive or consequential damages. 

  
 -8- 

 22. 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. 
 [Signature pages
follow] 

  
 -9- 

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

			
	UNIVAR USA INC.,
	as a Guarantor
		
	By:	 	

		 	  

	Name:	 	Douglas R. Drew
	Title:	 	Vice President and Treasurer
	
	 CHEMPOINT.COM INC.,
 as a
Guarantor

		
	By:	 	

		 	  

	Name:	 	Douglas R. Drew
	Title:	 	Vice President and Treasurer
	
	 UNIVAR HOLDCO CANADA LLC,
 as a
Guarantor

		
	By:	 	

		 	  

	Name:	 	Douglas R. Drew
	Title:	 	Treasurer
	
	 UNIVAR HOLDCO CANADA III LLC,
 as a
Guarantor

		
	By:	 	

		 	  

	Name:	 	Douglas R. Drew
	Title:	 	Treasurer
	
	 BASIC CHEMICAL SOLUTIONS, L.L.C.,

as a Guarantor

		
	By:	 	

		 	  

	Name:	 	Douglas R. Drew
	Title:	 	Vice President and Treasurer

  
 Amended and Restated
Guarantee 

 
					
	BANK OF AMERICA, N.A.,
	
	as Administrative Agent
		
	By:	 	

		 	  

		 	Name:	 	Robert A. Klawinski
		 	Title:	 	Managing Director

  
 Amended and Restated
Guarantee 

 ANNEX A TO 

THE GUARANTEE 

SUPPLEMENT NO. [    ] dated as of
[                    ] to the AMENDED AND RESTATED GUARANTEE (the “Guarantee”) dated as of October 11,2007, as reaffirmed on
September 20, 2010 and further amended and restated as of February [    ], 2011 among each of the Guarantors listed on the signature pages thereto (each such subsidiary individually, a “Guarantor” and,
collectively, the “Guarantors”), and Bank of America, N.A., as Administrative Agent for the Lenders from time to time parties to the Credit Agreement referred to below. 

A. Reference is made to the Credit Agreement dated as of October 11, 2007, as amended and restated on September 20, 2010, as further
amended by Amendment No. I, dated as of October 28, 2010 and by the Joinder Agreement, dated as of December 17,2010 and as further amended and restated as of February [    ], 2011 (as the same may be amended, restated,
supplemented or otherwise modified, refinanced or replaced from time to time, the “Credit Agreement”), among UNIVAR INC., a Delaware corporation (the “Borrower”), the registered lending institutions from time to time parties
thereto (each a “Lender” and, collectively, the “Lenders”), BANK OF AMERICA, N.A., as Administrative Agent, and the other parties named therein. 

B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guarantee. 

C. The Guarantors have entered into the Guarantee in order to induce the Administrative Agent and the Lenders to enter into the Credit
Agreement and to induce the Lenders to make their respective Loans to the Borrower under the Credit Agreement and to induce one or more Cash Management Banks or Hedge Banks to enter into Secured Cash Management Agreements or Secured Hedge Agreements
with the Borrower and/or its Subsidiaries. Section 8.8 of the Credit Agreement and Section 19 of the Guarantee provide that additional Domestic Subsidiaries may become Guarantors under the 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 Guarantor under the Guarantee in
order to induce the Lenders to make additional Loans and as consideration for Loans previously made. 
 Accordingly, the Administrative
Agent and each New Guarantor agrees as follows: 
 SECTION 1. In accordance with Section 19 of the Guarantee. each New Guarantor by its
signature below becomes a Guarantor under the Guarantee with the same force and effect as if originally named therein as a Guarantor, and each New Guarantor hereby (a) agrees to all the terms and provisions of the Guarantee applicable to it as
a Guarantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Guarantor thereunder 

 
are true and correct on and as of the date hereof (except where such representations and warranties expressly relate to an earlier date, in which case such representations and warranties were
true and correct in all material respects as of such earlier date). Each reference to a Guarantor in the Guarantee shall be deemed to include each New Guarantor. The Guarantee is hereby incorporated herein by reference. 

SECTION 2. Each New Guarantor represents and warrants to the Administrative 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. 

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), 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 Borrower
and the Administrative Agent. This Supplement shall become effective as to each New Guarantor when the Administrative Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of such New Guarantor and
the Administrative Agent. 
 SECTION 4. Except as expressly supplemented hereby, the 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 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. 
 SECTION 7. All notices,
requests and demands pursuant hereto shall be made in accordance with Section 12.2 of the Credit Agreement. All communications and notices hereunder to each New Guarantor shall be given to it in care of the Borrower at the Borrower’s
address set forth in Section 12.2 of the Credit Agreement. 

  
 -2- 

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

					
	[NAME OF NEW GUARANTOR]
		
	By:	 	  

			
		 	Name:	 	
			
		 	Title:	 	
	
	 BANK OF AMERICA, N.A,
 as
Administrative Agent

		
	By:	 	  

			
		 	Name:	 	
			
		 	Title:

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