Document:

Technology License Agreement, dated as of March 31, 1999

 Exhibit 10.18 
  
 TECHNOLOGY LICENSE AGREEMENT 
  

This TECHNOLOGY LICENSE AGREEMENT (this “Agreement”) dated as of the Second Closing Date, is made among REYNOLDS
METALS COMPANY, a Delaware corporation (“Reynolds”), SOUTHERN RECLAMATION COMPANY, INC., an Alabama corporation (“Southern”), REYNOLDS ALUMINUM PARTNERS, a Virginia general partnership
(“RAP”, and together with Reynolds and Southern, “Seller”), and WISE ALLOYS LLC, a Delaware limited liability company (“Buyer”). 
  
 INTRODUCTION 
  
 Seller and Buyer have entered into an Asset Purchase Agreement dated as of December 30, 1998 (the “Purchase Agreement”). 
  
 As a condition to the respective obligations of the parties to the Purchase
Agreement to consummate the Closing, the Purchase Agreement requires the execution and delivery of this Agreement pursuant to which Seller agrees to license to Buyer certain intellectual property upon the terms set forth herein. 
  
 NOW, THEREFORE, in consideration of the promises and the
representations, warranties and agreements herein contained, the parties hereto agree as follows: 
  

	 	1.	Definitions. 

  
 Capitalized terms used herein and not defined herein shall have the meanings ascribed to them in the Purchase Agreement. In addition, the following terms,
as used herein, have the meanings set forth below: 
  

	 	(a)	“Effective Date” shall mean the Second Closing Date. 

  

	 	(b)	“Licensed Technology” means intellectual property, including but not limited to copyrights, know-how and technical information, that was used at the Plants at any time
from the beginning of 1995 through the Second Closing Date to produce Plant Products and is licensed pursuant to this Agreement; provided, that Licensed Technology shall not include (i) technology used by Seller on an experimental or trial basis
pursuant to a third party confidentiality or development agreement or (ii) intellectual property that is licensed under other of the Related Agreements (as defined in the Purchase Agreement). 

  

	 	(c)	“Permitted Successors” has the meaning set forth in Section 5. 

  

	 	(d)	“Plant Products” means any products made at the Plants from the beginning of 1995 through the Second Closing Date, other than hot band for automotive body sheet.

	 	2.	License. 

  

	 	(a)	Subject to the provisions of this Agreement, Seller as of the Effective Date hereby grants to Buyer a perpetual, royalty-free, fully paid up license under the Licensed Technology
that covers processes, methods, practices, techniques and systems currently used and/or Plant Products currently produced at the Plants. 

  

	 	(b)	The license granted in (a) above includes the right to change and further develop Licensed Technology. 

  

	 	(c)	The license granted in (a) above includes the worldwide nonexclusive rights to offer for sale and to sell Plant Products produced at the Plants. 

  

	 	(d)	The license granted in (a) above conveys the exclusive right in North America, subject to (f) below, to make Plant Products using Licensed Technology used solely at the Plants.

  

	 	(e)	The license granted in (a) above conveys the nonexclusive right to make Plant Products in North America using technology used at other facilities now or previously owned by Seller.
(f) The exclusive right referred to in (d) above will remain exclusive until the end of the Restricted Period or until such earlier date that Buyer determines not to produce a particular Plant Product to which the Licensed Technology relates, and
thereafter will be nonexclusive. For avoidance of doubt, the exclusive right shall not restrict in any way the matters set forth in paragraphs (i) through (ix) of Section 8.12 of the Purchase Agreement. 

  

	 	(f)	Nothing in (a) above shall be construed as granting a sublicense or rights of any kind under any patent licenses granted to Seller by third parties. 

  

	 	(g)	The license granted by this Agreement shall be freely transferable to a Permitted Successor, as set forth in Section 5. 

  

	 	(h)	Seller represents and warrants that it owns the entire right, title and interest in and to the Licensed Technology and has the right to grant the license granted in (a) above and,
to Seller’s knowledge, that the Licensed Technology is free from viruses, disabling codes and/or termination logic. 

  

	 	(i)	Buyer shall have the right to terminate the license granted in (a) above at any time upon 30 days’ prior written notice to Seller; provided, that the provisions of Section 4
and clause (v) of Section 9 shall survive any such termination. 

  

	 	3.	Further Assurances. 

  

	 	(a)	Seller shall use its commercially reasonable efforts to implement the provisions of this Agreement, and, for such purpose, at the request of 

  

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 Buyer, will, at or after the Closing, promptly execute and deliver, or cause to be so executed and
delivered, such documents to Buyer and take such further action as Buyer may reasonably deem necessary or desirable to facilitate or better evidence the consummation of the transactions contemplated hereby. 
  

	 	(b)	Buyer shall use its commercially reasonable efforts to implement the provisions of this Agreement, and, for such purpose, at the request of Seller, will, at or after the Closing,
promptly execute and deliver, or cause to be so executed and delivered, such documents to Seller and take such further action as Seller may reasonably deem necessary or desirable to facilitate or better evidence the consummation of the transactions
contemplated hereby. 

  

	 	4.	Confidentiality. 

  
 Buyer agrees to hold all Licensed Technology in the strictest confidence, to make no use of such Licensed Technology except as permitted under this
Agreement, and not to publish or disclose to anyone else such Licensed Technology, in whole or in part, unless permitted in accordance with Section 5, without Seller’s prior written consent. The provisions of this Section 4 shall not apply to
any information that (i) is or becomes generally available to the public other than as a result of disclosure by Buyer or its employees, representatives or advisors, (ii) is disclosed to Buyer after the Closing by a third party without knowledge by
Buyer that such disclosure breaches a confidentiality obligation, (iii) is required to be disclosed pursuant to an order of a court or governmental agency, or (iv) was known to Buyer before the Closing Date. To protect the secrecy of the Licensed
Technology, Buyer shall limit access to all materials and physical items. involving, documenting or embodying any such Licensed Technology (including documents, electronic databases, electronic information, storage media, samples and models) to its
personnel with a need for such access to perform their duties and shall make all such personnel aware of the obligations of confidentiality under this Agreement. 
  

	 	5.	Assignability. 

  
 The provisions of this Agreement shall inure to the benefit of and be binding upon Buyer and its “Permitted Successors” (as defined below).
Buyer shall not have the right to transfer, assign, sell or sublicense any license granted under this Agreement to any individual or entity, other than a Permitted Successor, and no rights with respect to the license granted under this Agreement
shall run in favor of any transferee or sublicensee other than Permitted Successors. For purposes of this Agreement, and except as explicitly provided herein, “Permitted Successors” shall include the respective successors of Buyer by
merger, consolidation or transfer (by sale or lease) of the capital stock of Buyer or all or substantially all of the assets of the Plants and any Affiliate of Buyer, but only with respect to the operation of the Plants. 
  

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	 	6.	Protection of Licensed Technology. 

  

	 	(a)	Seller shall be solely responsible for obtaining and maintaining all patent rights related to the Licensed Technology for their respective normal terms. If Seller desires not to pay
any fee or pursue any action related to such patent rights, Seller shall provide Buyer with 60 days’ notice prior to the date upon which action is required to maintain the patent rights or prospective rights, such date in the case of pending
patent applications being the date any possible extensions of time would lapse. Buyer shall then have the option of taking over ownership and all responsibilities for the particular patent or patent application or allowing the rights to lapse.

  

	 	(b)	Seller agrees to hold all trade secret information related to Licensed Technology exclusively licensed to Buyer in the strictest confidence, and shall treat such in a manner
commensurate with the manner Seller treats its own trade secrets relating to technology comparable to the Licensed Technology, which, in any event, shall not be less than making reasonable efforts to preserve the confidentiality and value of such
trade secrets. 

  

	 	7.	Notices. 

  
 All notices required or permitted to be given hereunder shall be in writing and may be delivered by hand, by facsimile, by nationally recognized private
courier, or by United States mail. Notices delivered by mail shall be deemed given seven business days after being deposited in the United States mail, postage prepaid, registered or certified mail. Notices delivered by hand, by facsimile, or by
nationally recognized private courier shall be deemed given on the first business day following receipt; provided, however, that a notice delivered by facsimile shall only be effective if such notice is also delivered by hand, or deposited in the
United States mail, postage prepaid, registered or certified mail, on or before two business days after its delivery by facsimile. All notices shall be addressed as follows: 
  
 If to Seller Addressed to: 
  
 Reynolds Metals Company 
 6601 West Broad
Street 
 Richmond, Virginia 23230 
 Attention: Corporate Secretary 
 Telecopier: (804) 281-3740 
  
 If to Buyer Addressed to: 
  
 Wise Alloys LLC 
 c/o Wise Metals 800 Central
Avenue 
 Baltimore, Maryland 21240 
 Attention: John J. Cameron 
 Telecopier: (410) 636-1564 
  
 and/or to such other addresses and/or addressees as may be designated by notice given in accordance with the provisions of
this Section 7. 
  

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	 	8.	Headings. 

  
 The headings contained in this Agreement are for convenience of reference only and shall not affect its interpretation or construction. Unless otherwise
indicated, section references are to sections of this Agreement. 
  

	 	9.	Miscellaneous. 

  
 This Agreement (i) together with the Purchase Agreement constitutes the entire agreement and supersedes all other prior agreements and understandings,
both written and oral, between the parties with respect to the subject matter hereof, and in the event of a conflict between this Agreement and the Purchase Agreement, the terms of this Agreement shall control; (ii) is an independent agreement, the
rights and obligations of the parties to which shall not be affected by any provision of, or remedy arising under or with respect to, the Purchase Agreement or any other agreement between the parties, except to the extent expressly provided in any
such agreement; (iii) is not intended to and shall not confer upon any other person, association or entity, other than the parties hereto, any rights or remedies with respect to the subject matter or any provision hereof; (iv) shall not be assigned
by operation of law or otherwise, except in accordance with Section 5 hereof; and (v) shall be governed in all respects by the laws of the Commonwealth of Virginia, without reference to its principles of conflict of laws. 
  

	 	10.	Counterparts. 

  
 This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and
the same instrument. 
  

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 IN WITNESS WHEREOF the parties have caused this Agreement to be executed by their duly authorized
officers. 
  

			
	 REYNOLDS METALS COMPANY

		
	 By:
	 	 /s/ John B. Kelzer

	 Name:
	 	 John B. Kelzer

	 Title:
	 	 Vice President

  

			
	 SOUTHERN RECLAMATION COMPANY, INC.

		
	 By:
	 	 /s/ John B. Kelzer

	 Name:
	 	 John B. Kelzer

	 Title:
	 	 Sr. Vice President

  

			
	 REYNOLDS ALUMINUM PARTNERS

	 By:
	 	 Reynolds Metals Company,
 General Partner

		
	 By:
	 	 /s/ John B. Kelzer

	 Name:
	 	 John B. Kelzer

	 Title:
	 	 Vice President

  

			
	 WISE ALLOYS LLC

		
	 By:
	 	 /s/ George P. Stoe

	 Name:
	 	 George P. Stoe

	 Title:
	 	 Executive V.P.

  

 - 6 -Purchase Agreement dated as of October    , 2003

 Exhibit 10.19 
  
 PURCHASE AGREEMENT 
  
 PURCHASE AGREEMENT (the “Agreement”) dated as of October 31, 2003, and effective as of June 30, 2003 (the “Effective
Date”) by and among David D’Addario (“D’Addario”) and John Cameron (“Cameron”) (D’Addario and Cameron collectively “Sellers”) and Wise Recycling LLC, a Maryland limited liability
company (“Buyer”). 
  
 RECITALS 

 

	A.	Wise Recycling West, LLC, a Delaware limited liability company (the “Company”) was formed on December 26, 2001, pursuant to a Certificate of Formation filed with
the Secretary of State of the State of Delaware. 

  

	B.	D’Addario and Cameron are parties to the Limited Liability Company Agreement of the Company dated December 26, 2001 (the “LLC Agreement”). Pursuant to the LLC
Agreement, D’Addario has made a capital contribution of $80 to the Company in return for an 80% membership interest therein, and Cameron has made a $20 capital contribution to the Company in return for a 20% membership interest therein.
D’Addario and Cameron are the sole members of the Company and collectively own all of the outstanding equity interests in the Company. 

  

	C.	Each of D’Addario and Cameron desires to sell, and Buyer desires to purchase, all of his outstanding membership interest in the Company effective as of the Effective Date,
pursuant to the terms and conditions set forth below. 

  
 The parties hereto, intending to be legally bound, agree as follows: 
  
 ARTICLE 1 
 SALE AND PURCHASE OF LIMITED LIABILITY COMPANY INTEREST 
  
 SECTION 1.01. Transaction. Subject to the terms and conditions
of this Agreement, Buyer agrees to purchase from Sellers and Sellers agree to sell, assign, transfer, convey and grant to Buyer, in exchange for the Purchase Price (as defined below), one hundred percent (100%) of the aggregate outstanding
membership interests in the Company (the “Interest”) free and clear of all Liens (as defined below), rights of first refusal, restrictions, proxies and other encumbrances of any kind whatsoever. 
  
 SECTION 1.02. Purchase Price. The purchase price (the
“Purchase Price”) to be paid by Buyer to Sellers in exchange for the Interest shall be One Hundred Dollars ($100), payable as follows: 
  

	 	(a)	Eighty Dollars ($80) to D’Addario; and 

  

	 	(b)	Twenty Dollars ($20) to Cameron. 

 ARTICLE 2 
 CLOSING; PAYMENT OF THE PURCHASE PRICE 
  
 SECTION 2.01. The Closing. Subject to Buyer’s fulfillment of its obligations under Section 2.02 below, the purchase and sale of the Interest shall be effective as of the close of business on the
Effective Date. 
  
 SECTION 2.02. Payment of the Purchase
Price. Buyer shall pay the Purchase Price to Sellers as provided in Section 1.02. Upon payment of the Purchase Price by Buyer, Sellers shall execute and deliver to Buyer the Receipt set forth at Exhibit A hereto. 
  
 ARTICLE 3 
 COVENANTS OF THE PARTIES 
  
 SECTION 3.01. Commercially Reasonable Efforts. Subject to the terms and conditions of this Agreement, each party hereto shall use all commercially reasonable efforts to take, or cause to be taken, all
actions and to do, or cause to be done, all things necessary, proper or advisable under applicable laws and regulations to consummate the transactions contemplated by this Agreement. 
  
 SECTION 3.02. Further Assurances. Sellers shall execute and deliver, in the name and on behalf of the Sellers,
any documents, certificates, agreements, instruments, deeds, bills of sale, assignments, assurances or other writings and shall take and do, in the name and on behalf of the Sellers, any other actions and things to vest, perfect or confirm of record
or otherwise in the Buyer any and all right, title and interest in, to and under any of the rights, interests, properties or assets of the Sellers acquired or to be acquired by the Buyer as a result of, or in connection with, the transactions
contemplated hereby. 
  
 ARTICLE 4 
 MISCELLANEOUS 
  
 SECTION 4.01. Notices. All notices, requests and other communications to any party hereunder shall be in writing (including telecopy or
similar writing) and shall be given, 
  
 if to Seller, to:

  
 David D’Addario 
 857 Elkridge Landing Road 
 Suite 600,
Linthicum, MD 21090 
  
 and 
  
 John Cameron 
 857 Elkridge Landing Road 
 Suite 600,
Linthicum, MD 21090 

 if to Buyer, to: 
  
 Wise Recycling, LLC 
 857 Elkridge Landing Road 
 Suite 600, Linthicum, MD 21090 
  
 with a copy to: 
  
 Winston & Strawn 
 1400 L Street, N.W.

 Washington, D.C. 20005 
 Attention: Faton A. Bacaj, Esq. 
 Facsimile: (202) 371-5950 
  
 or such other address or facsimile number as such party may hereafter specify for the purpose by notice to the other party
hereto. Each such notice, request or other communication shall be deemed received on the date of receipt by the recipient thereof if received prior to 5 p.m. in the place of receipt and such day is a business day in the place of receipt. Otherwise,
any such notice, request or communication shall be deemed not to have been received until the next succeeding business day in the place of receipt. 
  
 SECTION 4.02. Amendments; No Waivers. (a) Any provision of this Agreement may be amended or waived if, and only if, such amendment or waiver
is in writing and signed, in the case of an amendment, by the parties hereto or in the case of a waiver, by the party against whom the waiver is to be effective. 
  
 (b) Except as expressly provided herein, no failure or delay by any party in exercising any right, power or privilege
hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be
cumulative and not exclusive of any rights or remedies provided by law or at equity. 
  
 SECTION 4.03. Expenses. All costs and expenses incurred in connection with this Agreement shall be paid by the party incurring such cost or expense. 
  
 SECTION 4.04. Successors and Assigns. This Agreement and all of
the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that neither this Agreement nor any of the rights, interests or obligations hereunder may be
assigned to either party hereto without the prior written consent of the other parties hereto. 
  
 SECTION 4.05. Governing Law and Jurisdiction. This Agreement shall be construed in accordance with and governed by the laws of the State of Delaware, without regard to its conflicts of laws rules. Any
dispute arising out of this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts located in Delaware. 
  
 SECTION 4.06. Counterparts. This Agreement may be signed in any number of counterparts, each of which shall be an original, with the same
effect as if the signatures thereto and hereto were upon the same instrument. 

 SECTION 4.07. Limitation on Liability. Notwithstanding the foregoing, in no event shall the
aggregate liability of Sellers to Buyer or of Buyer to Sellers for any claims arising out of this Agreement exceed the Purchase Price. 
  
 SECTION 4.08. Entire Agreement. This Agreement, together with all exhibits attached hereto, constitute the entire agreement between the
parties with respect to the subject matter of this Agreement and supersedes all prior agreements and understandings, both oral and written, between the parties with respect to the subject matter of this Agreement. 
  
 SECTION 4.09. Captions. The captions herein are included for
convenience of reference only and shall be ignored in the construction or interpretation hereof. 
  
 [Signature page follows] 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement, or caused this Agreement to be duly
executed by their respective authorized officers, as of the day and year first above written. 
  

	
	SELLERS:
	
	 /s/ David D’Addario

	 David D’Addario

	
	 /s/ John Cameron

	 John Cameron

  

			
	BUYER:
	
	WISE RECYCLING LLC
		
	 By:
	 	 /s/ Danny Mendelson

	 Name:
	 	 Danny Mendelson

	 Title:
	 	 President

 EXHIBIT A 
  
 Receipts 
  
 (See attached) 

 RECEIPT 
  
 Reference is made to the Purchase Agreement between David D’Addario and John Cameron, as Sellers, and Wise Recycling, LLC, as Buyer, effective as of
June 30, 2003 (the “Purchase Agreement”). In connection with the sale of Wise Recycling West, LLC by Sellers to Buyer pursuant to the Purchase Agreement, the undersigned hereby acknowledges receipt Eighty Dollars ($80). 

 
 Executed this 31st day of October, 2003. 
  

	
	 /s/ David D’Addario

	 David D’Addario

 RECEIPT 
  
 Reference is made to the Purchase Agreement between David D’Addario and John Cameron, as Sellers, and Wise Recycling, LLC, as Buyer, effective as of
June 30, 2003 (the “Purchase Agreement”). In connection with the sale of Wise Recycling West, LLC by Sellers to Buyer pursuant to the Purchase Agreement, the undersigned hereby acknowledges receipt of Twenty Dollars ($20).

  
 Executed this 31st day of October, 2003. 
  

	
	 /s/ John Cameron

	 John Cameron

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