Document:

Exhibits and Schedules to Amended and Restated Loan and Security Agreement

 Exhibit 4.1 
 EXHIBIT A 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 ASSIGNMENT AND ACCEPTANCE AGREEMENT 
 This ASSIGNMENT AND ACCEPTANCE
AGREEMENT (this “Assignment and Acceptance”) dated as of , 200 is made between (the “Assignor”) and (the “Assignee”). 
 W I T N E S S E T H: 
 WHEREAS, Wachovia Bank, National Association, in its
capacity as agent pursuant to the Loan Agreement (as hereinafter defined) acting for and on behalf of the financial institutions which are parties thereto as lenders (in such capacity, “Agent”), and the financial institutions which are
parties to the Loan Agreement as lenders (individually, each a “Lender” and collectively, “Lenders”) have entered or are about to enter into financing arrangements pursuant to which Agent and Lenders may make loans and advances
and provide other financial accommodations to AEP Industries Inc. (“Borrower”) as set forth in the Amended and Restated Loan Agreement, dated October , 2008, by and among Borrower, Agent and Lenders (as the same now exists or may hereafter
be amended, modified, supplemented, extended, renewed, restated or replaced, the “Loan Agreement”), and the other agreements, documents and instruments referred to therein or at any time executed and/or delivered in connection therewith or
related thereto (all of the foregoing, together with the Loan Agreement, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, being collectively referred to herein as the “Financing
Agreements”); 
 WHEREAS, as provided under the Loan Agreement, Assignor committed to making Loans (the “Committed
Loans”) to Borrower in an aggregate amount not to exceed 
 $                     (the “Commitment”); 
 WHEREAS, Assignor wishes to assign to Assignee [part of the] [all] rights and obligations of Assignor under the Loan Agreement in respect of its Commitment in an amount equal to
$                     (the “Assigned Commitment Amount”) on the terms and subject to the conditions set forth herein and Assignee
wishes to accept assignment of such rights and to assume such obligations from Assignor on such terms and subject to such conditions; 
 NOW, THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, the parties hereto agree as follows: 
 i) Assignment and Acceptance. 
 (i) Subject to the terms and
conditions of this Assignment and Acceptance, 1. Assignor hereby sells, transfers and assigns to Assignee, and 2. Assignee hereby purchases, assumes and undertakes from Assignor, without recourse and without representation or warranty (except as
provided in this Assignment and Acceptance) an interest in (A) the Commitment and each of the Committed Loans of Assignor and (B) all related rights, benefits, obligations,

 
liabilities and indemnities of the Assignor under and in connection with the Loan Agreement and the other Financing Agreements, so that after giving effect thereto, the Commitment of Assignee and
the Commitment of Assignor shall be as set forth below and the Pro Rata Share of Assignee shall be                  (__%) percent and the Pro Rata Share of
Assignor shall be                  (__%) percent. 
 (ii) With effect on and after the Effective Date (as defined in Section 5 hereof), Assignee shall be a party to the Loan Agreement and succeed to all of the rights and be obligated to perform all of
the obligations of a Lender under the Loan Agreement, including the requirements concerning confidentiality and the payment of indemnification, with a Commitment in an amount equal to the Assigned Commitment Amount. Assignee agrees that it will
perform in accordance with their terms all of the obligations which by the terms of the Loan Agreement are required to be performed by it as a Lender. It is the intent of the parties hereto that the Commitment of Assignor shall, as of the Effective
Date, be reduced by an amount equal to the Assigned Commitment Amount and Assignor shall relinquish its rights and be released from its obligations under the Loan Agreement to the extent such obligations have been assumed by Assignee;
provided, that, Assignor shall not relinquish its rights under Sections 2.1, 6.4 and 6.5 of the Loan Agreement to the extent such rights relate to the time prior to the Effective Date. 
 (iii) After giving effect to the assignment and assumption set forth herein, on the Effective Date Assignee’s Commitment
will be $                    . 
 (iv) After giving effect to the assignment and assumption set forth herein, on the Effective Date Assignor’s Commitment will be
$                    . 
 ii) Payments. As consideration for the sale, assignment and transfer contemplated in Section 1 hereof, Assignee shall pay to Assignor on the Effective Date in immediately available funds an amount equal to
$                    , representing Assignee’s Pro Rata Share of the principal amount of all Committed Loans. 
 iii) Reallocation of Payments. Any interest, fees and other payments accrued to the Effective Date with respect to the Commitment,
Committed Loans and outstanding Letter of Credit Accommodations shall be for the account of Assignor. Any interest, fees and other payments accrued on and after the Effective Date with respect to the Assigned Commitment Amount shall be for the
account of Assignee. Each of Assignor and Assignee agrees that it will hold in trust for the other party any interest, fees and other amounts which it may receive to which the other party is entitled pursuant to the preceding sentence and pay to the
other party any such amounts which it may receive promptly upon receipt. 
 iv) Independent Credit Decision. Assignee
(i) acknowledges that it has received a copy of the Loan Agreement and the Schedules and Exhibits thereto, together with copies of the most recent financial statements of Borrower and such other documents and information as it has deemed
appropriate to make its own credit and legal analysis and decision to enter into this Assignment and Acceptance and (ii) agrees that it will, independently and without reliance upon Assignor, Agent or any Lender and based on such documents and
information as it shall deem appropriate at the time, continue to make its own credit and legal decisions in taking or not taking action under the Loan Agreement. 

 v) Effective Date; Notices. 
 (i) As between Assignor and Assignee, the effective date for this Assignment and Acceptance shall be , 200 (the
“Effective Date”); provided, that, the following conditions precedent have been satisfied on or before the Effective Date: 
 1. this Assignment and Acceptance shall be executed and delivered by Assignor and Assignee; 
 2. the consent of Agent as required for an effective assignment of the Assigned Commitment Amount by Assignor to Assignee shall have been duly obtained and shall be in full force and effect as of the
Effective Date; 
 3. written notice of such assignment, together with payment instructions, addresses and
related information with respect to Assignee, shall have been given to Borrower and Agent; and 
 4. Assignee
shall pay to Assignor all amounts due to Assignor under this Assignment and Acceptance. 
 (ii) Promptly
following the execution of this Assignment and Acceptance, Assignor shall deliver to Borrower and Agent for acknowledgment by Agent, a Notice of Assignment in the form attached hereto as Schedule 1. 
 [vi) Agent. [INCLUDE ONLY IF ASSIGNOR IS AN AGENT] 
 (i) Assignee hereby appoints and authorizes Assignor in its capacity as Agent to take such action as agent on its behalf to
exercise such powers under the Loan Agreement as are delegated to Agent by Lenders pursuant to the terms of the Loan Agreement. 
 (ii) Assignee shall assume no duties or obligations held by Assignor in its capacity as Agent under the Loan Agreement.] 
 vii) Withholding Tax. Assignee (i) represents and warrants to Assignor, Agent and Borrower that under applicable law and treaties no tax will be required to be withheld by Assignee, Agent or
Borrower with respect to any payments to be made to Assignee hereunder or under any of the Financing Agreements, (ii) agrees to furnish (if it is organized under the laws of any jurisdiction other than the United States or any State thereof) to
Agent and Borrower prior to the time that Agent or Borrower are required to make any payment of principal, interest or fees hereunder, duplicate executed originals of either U.S. Internal Revenue Service Form 4224 or U.S. Internal Revenue Service
Form 1001 (wherein Assignee claims entitlement to the benefits of a tax treaty that provides for a complete exemption from U.S. federal income withholding tax on all payments hereunder) and agrees to provide new Forms 4224 or 1001 upon the
expiration of any previously delivered form or comparable statements in accordance with applicable U.S. law and regulations and amendments thereto, duly executed and completed by Assignee, and (iii) agrees to comply with all applicable U.S.
laws and regulations with regard to such withholding tax exemption. 

 viii) Representations and Warranties. 
 (i) Assignor represents and warrants that 1. It is the legal and beneficial owner of the interest being assigned by it
hereunder and that such interest is free and clear of any security interest, lien, encumbrance or other adverse claim, 2. It is duly organized and existing and it has the full power and authority to take, and has taken, all action necessary to
execute and deliver this Assignment and Acceptance and any other documents required or permitted to be executed or delivered by it in connection with this Assignment and Acceptance and to fulfill its obligations hereunder, 3. No notices to, or
consents, authorizations or approvals of, any Person are required (other than any already given or obtained) for its due execution, delivery and performance of this Assignment and Acceptance, and apart from any agreements or undertakings or filings
required by the Loan Agreement, no further action by, or notice to, or filing with, any Person is required of it for such execution, delivery or performance, and 4. This Assignment and Acceptance has been duly executed and delivered by it and
constitutes the legal, valid and binding obligation of Assignor, enforceable against Assignor in accordance with the terms hereof, subject, as to enforcement, to bankruptcy, insolvency, moratorium, reorganization and other laws of general
application relating to or affecting creditors’ rights and to general equitable principles. 
 (ii) Assignor
makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with the Loan Agreement or any of the other Financing Agreements or the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Loan Agreement or any other instrument or document furnished pursuant thereto. Assignor makes no representation or warranty in connection with, and assumes no responsibility with
respect to, the solvency, financial condition or statements of any of Borrower, or the performance or observance by Borrower of any of its respective obligations under the Loan Agreement or any other instrument or document furnished in connection
therewith. 
 (iii) Assignee represents and warrants that 1. It is duly organized and existing and it has full
power and authority to take, and has taken, all action necessary to execute and deliver this Assignment and Acceptance and any other documents required or permitted to be executed or delivered by it in connection with this Assignment and Acceptance,
and to fulfill its obligations hereunder, 2. No notices to, or consents, authorizations or approvals of, any Person are required (other than any already given or obtained) for its due execution, delivery and performance of this Assignment and
Acceptance, and apart from any agreements or undertakings or filings required by the Loan Agreement, no further action by, or notice to, or filing with, any Person is required of it for such execution, delivery or performance; and 3. This Assignment
and Acceptance has been duly executed and delivered by it and constitutes the legal, valid and binding obligation of Assignee, enforceable against Assignee in accordance with the terms hereof, subject, as to enforcement, to bankruptcy, insolvency,
moratorium, reorganization and other laws of general application relating to or affecting creditors’ rights to general equitable principles. 
 ix) Further Assurances. Assignor and Assignee each hereby agree to execute and deliver such other instruments, and take such other action, as either party may reasonably request in connection with
the transactions contemplated by this Assignment and Acceptance, including the

 
delivery of any notices or other documents or instruments to Borrower or Agent, which may be required in connection with the assignment and assumption contemplated hereby. 
 x) Miscellaneous 
 (i) Any amendment or waiver of any provision of this Assignment and Acceptance shall be in writing and signed by the parties hereto. No failure or delay by either party hereto in exercising any right,
power or privilege hereunder shall operate as a waiver thereof and any waiver of any breach of the provisions of this Assignment and Acceptance shall be without prejudice to any rights with respect to any other for further breach thereof.

 (ii) All payments made hereunder shall be made without any set-off or counterclaim. 
 (iii) Assignor and Assignee shall each pay its own costs and expenses incurred in connection with the negotiation,
preparation, execution and performance of this Assignment and Acceptance. 
 (iv) This Assignment and Acceptance
may be executed in any number of counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 
 (v) THIS ASSIGNMENT AND ACCEPTANCE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF FLORIDA, Assignor and Assignee each irrevocably submits to the non-exclusive jurisdiction
of any State or Federal court sitting in Dade County, Florida over any suit, action or proceeding arising out of or relating to this Assignment and Acceptance and irrevocably agrees that all claims in respect of such action or proceeding may be
heard and determined in such Florida State or Federal court. Each party to this Assignment and Acceptance hereby irrevocably waives, to the fullest extent it may effectively do so, the defense of an inconvenient forum to the maintenance of such
action or proceeding. 
 (vi) ASSIGNOR AND ASSIGNEE EACH HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE
ANY RIGHTS THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS ASSIGNMENT AND ACCEPTANCE, THE LOAN AGREEMENT, ANY OF THE OTHER FINANCING AGREEMENTS OR ANY RELATED DOCUMENTS
AND AGREEMENTS OR ANY COURSE OF CONDUCT, COURSE OF DEALING, OR STATEMENTS (WHETHER ORAL OR WRITTEN). 
 [REMAINDER OF THIS PAGE
INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, Assignor and Assignee have caused this Assignment and Acceptance to be
executed and delivered by their duly authorized officers as of the date first above written. 
  

			
	[ASSIGNOR]
		
	By:	 	 
	Title:	 	 
	
	[ASSIGNEE]
		
	By:	 	 
	Title:	 	 

 SCHEDULE 1 
 NOTICE OF ASSIGNMENT AND ACCEPTANCE 
             , 20     
 Wachovia Bank,
National Association, as Agent 
 1133 Avenue of the Americas 
 New York, New York 10036 
 Attn.: Portfolio Manager 
  

	 	Re:	AEP Industries Inc. 

 Ladies and
Gentlemen: 
 Wachovia Bank, National Association, in its capacity as agent pursuant to the Loan Agreement (as hereinafter
defined) acting for and on behalf of the financial institutions which are parties thereto as lenders (in such capacity, “Agent”), and the financial institutions which are parties to the Loan Agreement as lenders (individually, each a
“Lender” and collectively, “Lenders”) have entered or are about to enter into financing arrangements pursuant to which Agent and Lenders may make loans and advances and provide other financial accommodations to AEP Industries
Inc. (“Borrower”) as set forth in the Amended and Restated Loan Agreement, dated October     , 2008, by and among Borrower, Agent and Lenders (as the same now exists or may hereafter be amended, modified,
supplemented, extended, renewed, restated or replaced, the “Loan Agreement”), and the other agreements, documents and instruments referred to therein or at any time executed and/or delivered in connection therewith or related thereto (all
of the foregoing, together with the Loan Agreement, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, being collectively referred to herein as the “Financing Agreements”).
Capitalized terms not otherwise defined herein shall have the respective meanings ascribed thereto in the Loan Agreement. 
             # We hereby give you notice of, and request your consent to, the assignment by
                                     (the
“Assignor”) to                                     
(the “Assignee”) such that after giving effect to the assignment Assignee shall have an interest equal to              (    %) percent of the
total Commitments pursuant to the Assignment and Acceptance Agreement attached hereto (the “Assignment and Acceptance”). We understand that the Assignor’s Commitment shall be reduced by
$            . 
             # Assignee agrees that, upon receiving the consent of Agent to such assignment, Assignee will be bound by the terms of the Loan Agreement as fully and to the
same extent as if the Assignee were the Lender originally holding such interest under the Loan Agreement. 
             # The following administrative details apply to Assignee: 

 (A) Notice address: 
  

			
	 Assignee name:
	  	 
	 Address:
	  	 
		
	 Attention:
	  	 
	 Telephone:
	  	 
	 Telecopier:
	  	 

 (B) Payment
instructions: 
  

			
	 Account No.:
	  	 
	 At:
	  	 
		
	 Reference:
	  	 
	 Attention:
	  	 

             #You are entitled to rely upon the representations, warranties and covenants of each of Assignor and Assignee contained in the Assignment and Acceptance.

 [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, Assignor and Assignee have caused this Notice of Assignment and
Acceptance to be executed by their respective duly authorized officials, officers or agents as of the date first above mentioned. 
  

			
	Very truly yours,
	
	[NAME OF ASSIGNOR]
		
	By:	 	 
	Title:	 	 
	
	[NAME OF ASSIGNEE]
		
	By:	 	 
	Title:	 	 

  

			
	ACKNOWLEDGED AND ASSIGNMENT CONSENTED TO:
	
	 WACHOVIA BANK,
 NATIONAL ASSOCIATION, as Agent

		
	By:	 	 
	Title:	 	 

 EXHIBIT B 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 (Information Certificate) 
 See attached. 

 INFORMATION CERTIFICATE 
 OF 
 AEP INDUSTRIES INC. 
 October 30, 2008 
 Wachovia
Bank, National Association, 
 as Agent 
 1133 Avenue of the Americas 
 New York, New York 10036 
 In connection with certain financing provided or to be provided or arranged by Wachovia Bank, National Association (“Wachovia”) and certain other lenders (together with Wachovia in its
individual capacity, collectively, “Lenders”) and for whom Wachovia will be acting as agent (in such capacity, “Agent”), the undersigned (the “Company”) represents and warrants to Agent and Lenders the following
information about it, its organizational structure and other matters of interest to Agent and Lenders. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Amended and Restated Loan and Security
Agreement, dated as of the date hereof (the “Loan Agreement”) among the Agent, the Company and the Lenders. 
  

	1.	The full and exact name of the Company as set forth in its certificate of incorporation (or its certificate of formation or other organizational document filed with the
applicable state governmental authority, as the case, may be) is as follows: 

 AEP Industries Inc.

  

	2.	The Company uses and owns the following trade name(s) in the operation of its business (e.g., billing, advertising, etc.; note: do not include names which are product
names only): 

 Variations of AEP and AEP Industries Inc. 
  

	3.	The Company is a registered organization of the following type (for example, corporation, limited partnership, limited liability company, etc.): corporation

  

					
	 Company
	  	 Date of Organization
	  	 Jurisdiction of Organization

	 AEP Industries Inc.
	  	11/13/1985	  	Delaware

  

	4.	The organizational identification number of the Company issued by its jurisdiction of organization is as set forth below (or if none is issued by the jurisdiction of
organization indicate “none”): 

  

					
	 Company
	  	 ID No.
	  	 
	 AEP Industries Inc.
	  	2075663	  	

  

	5.	The Federal Employer Identification Number of the Company is as follows: 

  

					
	 Company
	  	 FEIN
	  	  
	 AEP Industries Inc.
	  	22-1916107	  	

  

	6.	The Company is duly qualified and authorized to transact business as a foreign organization in the following states and is in good standing in such states:

  

					
	 Company
	  	 Jurisdictions
	  	 
	 AEP Industries Inc.
	  	California	  	New Jersey
		  	Georgia	  	Illinois
		  	North Carolina	  	Kentucky
		  	Pennsylvania	  	Texas
		  	Minnesota	  	
		  	Oklahoma	  	

  

	7.	Since the date of its organization, the name of the Company as set forth in its organizational documentation as filed of record with the applicable state authority has
been changed as follows: 

  

					
	 Company
	  	 Date of Change
	  	 Prior Name

	 AEP Industries Inc.
	  	None	  	

  

	8.	Since the date of five (5) years prior to the date hereof, the Company has made or entered into the following mergers or acquisitions: 

  

					
	 Company
	  	 Merger/Acquisition
	  	 Date

	 AEP Industries Inc.
	  	 Mercury Plastic Inc. Assets
 (facility in Bowling Green, KY)
	  	2/23/2006

 Upon consummation of the
Permitted Atlantis Plastics Acquisition: 
  

					
	 Company
	  	 Merger/Acquisition
	  	 Date

	 AEP Industries Inc.
	  	Permitted Atlantis Plastics Acquisition	  	10/30/2008

  

	9.	The chief executive office and mailing address of the Company is located at the address indicated for such Company on Schedule 8.2 hereto. 

  

	10.	The books and records of the Company pertaining to accounts, contract rights, inventory, and other assets are located at the addresses indicated for the Company on
Schedule 8.2 hereto. 

  

	11.	 The Company has other places of business and/or maintains inventory or other assets only at the addresses (indicate whether locations are owned, leased
or operated by third

  

 2 

	 	 
parties and if leased or operated by third parties, their name and address) indicated for the Company on Schedule 8.2 hereto. 

  

	12.	The places of business or other locations of any assets used by the Company during the last four (4) months other than those listed above are as indicated for the
Company on Schedule 8.2 hereto. 

  

	13.	The Company’s assets are owned and held free and clear of liens, mortgages, pledges, security interests, encumbrances or charges except as set forth on Schedule
8.4 hereto. 

  

	14.	There are no judgments or litigation pending by or against the Company, its subsidiaries and/or affiliates or any of its officers/principals, except as set forth on
Schedule 8.6 hereto. 

  

	15.	The Company is in material compliance with all environmental laws applicable to its business or operations except as set forth on Schedule 8.8 hereto.

  

	16.	The Company does not have any deposit accounts, investment accounts, securities account or similar accounts with any bank, savings and loan or other financial
institution, except as set forth on Schedule 8.10 hereto for the purposes and of the types indicated therein. 

  

	17.	The Company does not own or license any trademarks, patents, copyrights or other intellectual property, except as set forth on Schedule 8.11 hereto (indicate type of
intellectual property and whether owned or licensed, registration number, date of registration, and, if licensed, the name and address of the licensor). 

  

	18.	The Company is affiliated with, or has ownership in, the corporations (including subsidiaries) and other organizations set forth on Schedule 8.12 hereto.

  

	19.	The names of the stockholders (or members or partners, including general partners and limited partners) of the ‘Company and their holdings are as set forth on
Schedule 8.12 hereto (if stock or other interests are widely held indicate only holders owning 10% or more of the voting stock or other interests). 

  

	20.	The Company is not a party to or bound by a collective bargaining or similar agreement with any union, labor organization or other bargaining agent except as set forth
on Schedule 8.13 hereto (indicate date of agreement, parties to agreement, description of employees covered, and date of termination). 

  

	21.	The Company is not a party to or bound by any “material contract” except as set forth on Schedule 8.15 hereto. For this purpose a “material
contract” means (a) any contract or other agreement (other than the Financing Agreements) of the Company that, by its terms, cannot be completed within one (1) year and involving monetary liability of or to any person in an amount in
excess of $7,500,000 in any fiscal year and (b) any other contract or other agreement (other than the Financing. Agreements) to which the Company is a party and as to which the breach, nonperformance, cancellation or failure to renew by any
party thereto would have a Material Adverse Effect. 

  

 3 

	22.	The Company has no “indebtedness” except as set forth on Schedule 9.9 hereto. For this purpose, the term “indebtedness” means any liability, whether
or not contingent, (a) in respect of borrowed money (whether or not the recourse of the lender is to the whole of the assets of the Company or only to a portion thereof) or evidenced by bonds, notes, debentures or similar instruments;
(b) representing the balance deferred and unpaid of the purchase price of any property or services (except any such balance that constitutes an account payable to a trade creditor (whether or not an Affiliate) created, incurred, assumed or
guaranteed by the Company in the ordinary course of business of the Company in connection with obtaining goods, materials or services that is not overdue by more than ninety (90) days, unless the trade payable is being contested in good faith);
(c) all obligations as lessee under leases which have been, or should be, in accordance with GAAP recorded as capital leases; (d) any contractual obligation, contingent or otherwise, of the Company to pay or be liable for the payment of
any indebtedness described in this definition of another Person, including, without limitation, any such indebtedness, directly or indirectly guaranteed, or any agreement to purchase, repurchase, or otherwise acquire such indebtedness, obligation or
liability or any security therefor, or to provide funds for the payment or discharge thereof, or to maintain solvency, assets, level of income, or other financial condition; (e) all obligations with respect to redeemable stock and redemption or
repurchase obligations under any Capital Stock or other equity securities issued by the Company; (f) all reimbursement obligations and other liabilities of the Company with respect to surety bonds (whether bid, performance or otherwise),
letters of credit, banker’s acceptances, drafts or similar documents or instruments issued for the Company’s account; (g) all indebtedness of the Company in respect of indebtedness of another Person for borrowed money or indebtedness
of another Person otherwise described in this definition which is secured by any consensual lien, security interest, collateral assignment, conditional sale, mortgage, deed of trust, or other encumbrance on any asset of the Company, whether or not
such obligations, liabilities or indebtedness are assumed by or are a personal liability of the Company, all as of such time; (h) all obligations, liabilities and indebtedness of the Company (marked to market) arising under swap agreements, cap
agreements and collar agreements and other agreements or arrangements designed to protect the Company against fluctuations in interest rates or currency or commodity values; and (i) all obligations owed by the Company under License Agreements
with respect to non-refundable, advance or minimum guarantee royalty payments. 

  

	23.	The Company has not made any loans or advances or guaranteed or otherwise become liable for the obligations of any others, except as set forth on Schedule 9.10 hereto.

  

	24.	The Company has does not have any letters of credit for its benefit, chattel paper (whether tangible or electronic) or instruments as of the date hereof, except as
follows: 

 Letter of Credit # M04Y8808NU00032 issued by The Industrial Bank of Korea 
  

	25.	The Company does not have any commercial tort claims, except as follows: 

 None. 
  

 4 

	26.	There is no provision in the certificate of incorporation, certificate of formation, articles of organization, by-laws or operating agreement of the Company (as
applicable) or the other organizational documents of the Company, or in the laws of the State of its organization, requiring any vote or consent of it shareholders, members or other holders of the equity interests therein to borrow or to authorize
the mortgage or pledge of or creation of a security interest in any assets of the Company or any subsidiary. Such power is vested exclusively in its Board of Directors (or in the case of a limited partnership, the general partner that is the
signatory hereto, or in the case of a limited liability company, the manager that is the signatory hereto). 

  

	27.	The officers of the Company and their respective titles are as follows: 

  

			
	 Title
	  	 Name

	 Chairman, President and Chief Executive Officer
	  	J. Brendan Barba
		
	 Executive Vice President, Finance and Chief Financial Officer
	  	Paul M. Feeney
		
	 Executive Vice President, Manufacturing
	  	David S. Cron
		
	 Executive Vice President, Sales and Marketing
	  	John J. Powers
		
	 Executive Vice President, Operations
	  	Paul C. Vegliante
		
	 Vice President, Tax and Administration
	  	Lawrence R. Noll
		
	 Vice President, Logistics
	  	Michael O’Neill
		
	 Vice President, Secretary and Treasurer
	  	James B. Rafferty
		
	 Vice President and Controller
	  	Linda N. Guerrera

 The following
will have signatory powers as to all transactions of the Company with Agent and Lenders: 
 Paul M. Feeney 
 Lawrence R. Noll 
 James B. Rafferty 
  

	28.	The members of the Board of Directors of the Company (or, if the Company is a limited partnership, the general partner or, if the Company is a limited liability
company, the managers) are: 

 Directors 
 J. Brendan Barba 
 Kenneth Avia 
 Richard E. Davis 
  

 5 

 Robert T. Bell 
 Paul M. Feeney 
 Frank P. Gallagher 
 Paul E. Gelbard 
 Lawrence R. Noll 
 Lee C. Stewart 
  

	29.	At the present time, there are no delinquent taxes due (including, but not limited to, all payroll taxes, personal property taxes, real estate taxes or income taxes)
except as follows: 

  

					
	 Company
	  	 Taxes
	  	 
	 AEP Industries Inc.
	  	None	  	

  

	30.	Certified Public Accountants for each Company is the firm of: 

 Name KPMG LLP 
 Address 150 John F. Kennedy Parkway, Short Hills, New
Jersey 07078 
 Partner Handling Relationship James Simone (973.467.9650) 
 Were statements uncertified for any fiscal year? No 
  

 6 

 Agent and Lenders shall be entitled to rely upon the foregoing in all respects and the
undersigned is duly authorized to execute and deliver this Information Certificate on behalf of the Company. 
  

	
	Very truly yours,
	
	  
	 Name:  James B. Rafferty

	 Title:    Vice President, Secretary and Treasurer
               Information
Certificate

 Information Certificate 

 SCHEDULE 8.2 
 to 
 INFORMATION CERTIFICATE 
 Locations 
 Company: AEP
Industries Inc. 
  

	1.	Chief Executive Office 

 125 Phillips Avenue 
 South Hackensack, NJ 07606 
  

	2.	Location of Books and Records 

 125 Phillips Avenue 
 South Hackensack, NJ 07606 
 Upon consummation of the Permitted Atlantis Plastics Acquisition, with respect to the businesses relating to the Atlantis Plastic Assets:
 
 1870 The Exchange, Ste. 200  
 Atlanta, GA 30339 
  

	3.	Locations of Inventory, Equipment and Other Assets 

  

					
	 Address
	  	 Owned/Leased/Third Party*
	  	 Name/Address of Lessor or
 Third Party, as Applicable

	 1400 Monte Vista Avenue
 Chino, CA
	  	Owned	  	
			
	 1201 Pine Hill Road
 Griffin, GA
	  	Owned	  	
			
	 12900 Crawford Avenue
 Alsip, IL
	  	Owned	  	

  

	*	Indicate in this column next to applicable address whether the location is owned by each Company, leased by each Company owned and operated by a third party (e.g.,
warehouse, processor, consignee, etc.) 

					
	 Address
	  	 Owned/Leased/Third Party*
	  	 Name/Address of Lessor or
 Third Party, as Applicable

	 303 Seaboard Drive
 Matthews, NC
	  	Owned	  	
			
	 North Highway 35E
 Waxahachie, TX
	  	Owned	  	
			
	 20 Elmwood Avenue
 Mountain Top, PA
	  	Owned	  	
			
	 123 Willamette Avenue
 Bowling Green, KY
	  	Leased	  	 BG Properties, Inc.
 801 Houser Way North
 Renton, WA 98055

			
	 125 Phillips Avenue
 South Hackensack, NJ
	  	Leased Offices	  	 Phillips & Huyler Assoc. LP.
 52 Vanderbilt Avenue
 New York, NY

			
	 180 Singleton Road
 Waxahachie, TX
	  	Owned	  	
			
	 5985 Schaefer Avenue
 Chino, CA
	  	Leased Warehouse	  	 Advent Enterprises LLC
 2645 Temple Hills Drive
 Laguna Beach, CA 92651

			
	 1609 Airport Road
 Monroe, NC
	  	Leased Warehouse	  	 Carolina Money Saver
 1609 Airport Road
 Monroe, NC 28105

			
	 383 Scotty Way
 Bowling Green, KY
	  	Leased Warehouse	  	 Scotty’s Development
 7030 Louisville Road
 Bowling Green, KY 42101

 Upon consummation of the Permitted Atlantis Plastics Acquisition: 
  

					
	 Address
	  	 Owned/Leased/Third Party*
	  	 Name/Address of Lessor or
 Third Party, as Applicable

	 101 Etter Drive,
 Nicholasville, KY
	  	Owned	  	
			
	 6940 West 76th Street
 South, Tulsa, OK
	  	Owned	  	

  

	*	Indicate in this column next to applicable address whether the location is owned by each Company, leased by each Company owned and operated by a third party (e.g.,
warehouse, processor, consignee, etc.) 

					
	 Address
	  	 Owned/Leased/Third Party*
	  	 Name/Address of Lessor or
 Third Party, as Applicable

	 2111 Third Avenue,
 Mankato, MN
	  	Owned	  	
			
	 13170 Marlay Avenue
 Fontana, CA
	  	Leased Plant	  	 Marlay Partners, LLC
 c/o Tiarna Real Estate
 Services, Inc.
 2355 Main St., Suite 110
 Irvine, CA 92614

			
	 434 Industrial Park Road
 Cartersville, GA
	  	Leased Plant	  	 Sealy Acquisitions, LLC
 8401 N. Central Expressway
 Suite 150
 Dallas, TX 75225

			
	 3801 Third Avenue
 Mankato, MN
	  	Leased Warehouse	  	 Kenneth W. Christenson and
 Susan K. Christenson
 6300 Shamrock Drive
 Madison Lake, MN 56002

			
	 1970 Excel Drive
 Mankato, MN
	  	Leased Plant	  	 City of Mankato
 10
Civic Center Plaza
 PO Box 3368
 Mankato, MN 56002

 Public Warehouses: 
 Address: 
 5682 Ponce DeLeon Ave., Stone Mountain, GA 30083 
 10800 Ridgeway Industrial Dr., Olive Branch, MS 38654 
 2245 West Pershing Rd., Chicago, IL 60609 
 1050 South Dupont Ave. Ontario, CA 91761 

 2015 N Macarthur Blvd, Tracy, CA 95376 
 3801 Third Ave., Mankato, MN 56001 
 14651 Yorba Ave., Chino, CA 91710 
 659 Randall Wobbe Lane, Springdale, AR 72764 
 319 South Fourth, Muskogee, OK 74401 
 184 Read St., Portland, ME 04103 
 3401 Etwanda Ave., Bldt 1011-D, Mira Loma, CA 91752 
 521 Sunfield Ave., Edison, NJ 08837 
 515 Salem Blvd, Berwick, PA 18603 
 1301 Cold Springs Rd., Fort Worth, TX 76102 
 2245 West Pershing Rd., Chicago, IL 60609 
 1890 Fed Ex Dr., Springdale, AR 72764 
 9900 Railroad Dr., El Paso, TX 79924 
 434
Industrial Park Rd. NE, Cartersville, GA 30120 

 2701 Rectir Rd., Paragould, AR 72450 
 1975 Seneca Rd., Suite 200, Eagan, MN 55122 
 400 3rd Ave., Houston, MS 38851

 300 Revere St., El Paso, TX 79905 
 417 Poplar St., Mankato, MN 56001 
 104 Lundin Blvd, Mankato, MN 56001 
 The public warehouses listed above are locations with assets acquired in connection with the Permitted Atlantis Plastics Acquisition. On the date hereof,
the aggregate amount of inventory in such locations does not exceed $5,000,000. Borrower does not intend to add additional inventory at these locations. 
  

	4.	Locations of Assets in Prior 4 Months not Listed Above 

 120 Willamette Lane, Bowling Green, KY 

 SCHEDULE 8.4 
 to 
 INFORMATION CERTIFICATE 
 Existing Liens 
  

					
	 Name of Secured Party
	  	 Description
 Of Collateral
	  	 Original File No. of Financing
Statement/Jurisdiction

	 General Electric Capital Corporation
	  	specific leased equipment	  	1077898 0 – DE/SOS
			
	 Wachovia Bank, National Association, as Agent (successor by merger to Congress Financial Corporation)
	  	all assets	  	1118552 4 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3277700 4 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3278735 9 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3281223 1 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3283637 0 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3307494 8 – DE/SOS
			
	 ExxonMobil Chemical Company
	  	consignment of polyethylene grades	  	3312571 6 – DE/SOS
			
	 Oxy Vinyls, LP
	  	consignment of PVC Resin	  	3315064 9 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3326899 5 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3327914 1 – DE/SOS

					
	 Name of Secured Party
	  	 Description
 Of Collateral
	  	 Original File No. of Financing
Statement/Jurisdiction

	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3328216 0 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	3328260 8 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	4020686 4 – DE/SOS
			
	 US Bancorp
	  	specific leased equipment	  	4025280 1 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	4055601 1 – DE/SOS
			
	 Westlake Polymers LP
	  	consignment of polyethylene	  	4125897 1 – DE/SOS
			
	 General Electric Capital Corporation
	  	specific leased equipment	  	4165943 4 – DE/SOS
			
	 General Electric Capital Corporation
	  	specific leased equipment	  	4194508 0 – DE/SOS
			
	 General Electric Capital Corporation
	  	specific leased equipment	  	4252463 7 – DE/SOS
			
	 MBC Leasing Corp.
	  	specific leased equipment	  	4310373 8 – DE/SOS
			
	 Wells Fargo Financial Leasing
	  	specific leased equipment	  	4357266 8 – DE/SOS
			
	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5008036 7 – DE/SOS
			
	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5008052 4 – DE/SOS
			
	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5008057 3 – DE/SOS

					
	 Name of Secured Party
	  	 Description
 Of Collateral
	  	 Original File No. of Financing
Statement/Jurisdiction

	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5021540 1 – DE/SOS
			
	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5021584 9 – DE/SOS
			
	 Citicorp Vendor Finance, Inc.
	  	specific leased equipment	  	52003820 7 – DE/SOS
			
	 Greatamerica Leasing Corporation
	  	specific leased equipment	  	5329721 6 – DE/SOS
			
	 Royal Bank America Leasing
	  	specific leased equipment	  	5358626 1 – DE/SOS
			
	 C1T Technologies Corporation
	  	specific leased computer equipment	  	5359713 6 – DE/SOS
			
	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5359717 7 – DE/SOS
			
	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5359720 1 – DE/SOS
			
	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5359727 6 – DE/SOS
			
	 CIT Technologies Corporation
	  	specific leased computer equipment	  	5359731 8 – DE/SOS
			
	 US Bancorp
	  	specific leased equipment	  	5380704 8 – DE/SOS
			
	 Greatamerica Leasing Corporation
	  	specific leased equipment	  	6046913 0 – DE/SOS
			
	 Kyocera Mita America, Inc.
	  	specific leased equipment	  	6053698 7 – DE/SOS
			
	 Dell Financial Services, L.P.
	  	leased equipment	  	6063355 2 – DE/SOS
			
	 Key Equipment Finance Inc.
	  	leased equipment	  	6069473 7 – DE/SOS

					
	 Name of Secured Party
	  	 Description
 Of Collateral
	  	 Original File No. of Financing
Statement/Jurisdiction

	 IDB Leasing, Inc.
	  	specific leased computer equipment	  	6265152 9 – DE/SOS
			
	 IDB Leasing, Inc.
	  	specific leased computer equipment	  	6265182 6 – DE/SOS
			
	 IDB Leasing, Inc.
	  	specific leased computer equipment	  	6265206 3 – DE/SOS
			
	 IDB Leasing, Inc.
	  	specific leased computer equipment	  	6265332 7 – DE/SOS
			
	 US Bancorp
	  	specific leased equipment	  	6335321 6 – DE/SOS
			
	 Toyota Motor Credit Corporation
	  	 specific leased business
 machinery/equipment
	  	2007 0685460 – DE/SOS
			
	 Department of Community & Economic Development — MELF
	  	equipment (Wrightsville)	  	2007 3065694 – DE/SOS
			
	 CSI Leasing, Inc.
	  	specific leased computer equipment	  	2007 3264594 – DE/SOS
			
	 CSI Leasing, Inc.
	  	specific leased computer equipment	  	2007 3266276 – DE/SOS
			
	 De Lage Landen Financial Services, Inc.
	  	specific leased computer equipment	  	2007 3734984 – DE/SOS
			
	 US Bancorp
	  	specific leased equipment	  	2007 4446323 – DE/SOS
			
	 US Bancorp
	  	specific leased equipment	  	2007 4446331 – DE/SOS
			
	 De Lage Landen Financial Services, Inc.
	  	specific leased computer equipment	  	2007 4591367 – DE/SOS
			
	 CSI Leasing, Inc.
	  	specific leased computer equipment	  	2008 0307296 – DE/SOS

					
	 Name of Secured Party
	  	 Description
 Of Collateral
	  	 Original File No. of Financing
Statement/Jurisdiction

	 CSI Leasing, Inc.
	  	specific leased computer equipment	  	2008 0913069 – DE/SOS
			
	 CSI Leasing, Inc.
	  	specific leased computer equipment	  	2008 1033990 – DE/SOS
			
	 US Bancorp
	  	leased equipment	  	2008 1404670 – DE/SOS
			
	 CSI Leasing, Inc.
	  	specific leased computer equipment	  	2008 2110227 – DE/SOS
			
	 CSI Leasing, Inc.
	  	specific leased computer equipment	  	2008 2146163 – DE/SOS
			
	 CSI Leasing, Inc.
	  	specific leased computer equipment	  	2008 3304555

 Liens, mortgages, pledges, security interests,
encumbrances or charges set forth in the title policies insuring the Mortgages are hereby incorporated by reference. 

 SCHEDULE 8.6 
 to 
 INFORMATION CERTIFICATE 
 Pending Litigation 
 Please see attached. 

 AEP INDUSTRIES INC. 
 Litigation and Dispute Summary, FY 2008 
 As of October 28, 2008 
  

													
	 Name
	  	Filing
Date	  	 Location
	  	Attorney	 	 Summary
	  	Status	  	 Resolution

	Albarell Electric v. AEP Industries Inc.	  	2003	  	Mountain Top, PA	  	Hourigan
Kluger	 	Contractor claims AEP owes $33,586, but in May 2004 offered to settle for $20,000, AEP did not counter offer. No lawsuit has been filed	  	Open	  	Matter dormant.
							
	Scholle Ind. v. AEP (NZ) Scholia Ind. v. AEP (NZ) and DE Smith (UK) Ltd.	  	2004	  	Christchurch, NZ	  	insurers
MinterEllison
K&L Gates
(NJ)	 	AEP’s NZ subsidiary served with two summones and complaints applicable to a business acquired by the subsidiary on November 1, 2001 and immediately transferred to a JV company.
Rapak Asia Pacific Limited, in which the subsidiary held a 50.1% interest. The complaints allege approx. US$9 million in damages for defective products manufactured both before and after 11/1/01. ($300.000 for small claim). Matter referred to
insurance carriers believed responsible to defend and indemnify subject to customary reservation of rights. Company also believes it may be entitle to indemnifications under various agreements.	  	Open	  	 Claim 216 (large claim) Claim being defended by AEP’s primary & excess insurers for losses incurred from 11/1/01 to 1/02 and
involves Visy insurers for the period 7/01 to 11/01. Mediation scheduled for 8/19 and 8/20/08 was cancelled. Scholie amended shareholder claim. Forensic accountant report has been delivered.
  
 Claim 217 (small claim) Claim is being defended under a reservation of rights letter by
AEP’s primary liability insurer (occurrence date is not yet defined). AEP’s primary liability insurer is pursuing settlement of the claim and will seek recovery from the responsible insurer upon determination of date of
loss.

							
	E. Shamany Painting Inc. v. AEP Industries Inc.	  	2005	  	Mountain Top, PA	  	Hourigan
Kluger	 	Shamany claiming $14,939.86 for painting, interest and attorney fees relating to painting of the floor at the facility. Paint peeled, Shamany refused to repair. In March 2006 AEP
countersued for cost of repair.	  	Open	  	Court dismissed suit, Shamany prevailed in Its appeal. Depositions have been taken. Case is stagnant, pending Shamany action.

													
	 Name
	  	Filing
Date	  	 Location
	  	Attorney	  	 Summary
	  	Status	  	 Resolution

	Joe Lawless, Jr. d/b/a/ Plastic Forage Savers v. AEP Industries Inc.	  	2006	  	IL	  	Rammelkamp
 Bradney
	  	Complaint alleges AEP film manufactured in PA is not to specification. Complaint seeks $26,486.03 in damages: $19,844.61 for defective film and $7,001.42 for consequential and
incidental damages resulting from breath of warranty	  	Open	  	Outside lab testing verifies film is in spec. AEP sought dismissal: court allowed plaintiff to amend complaint to include opacity. Outside lab opacity is
complete. Results show within acceptable range.
							
	D&H Refrigeration v. AEP Industries Inc.	  	4/17/2006	  	IL	  	Prior to May
2008 Crisham &
Kubes
 May-08
 Karbal Cohen
 Economou
Silk
 Dunne
	  	 Mechanics lien and complaint filed 4/12/06 alleging breath of contract and non-payment of services rendered in connection with the
installation of manufacturing lines moved from Gainesville, TX to Alsip, IL
 Amount: $58,072.35
	  	Open	  	This claim and the Sandrift Enterprise v AEP claim are intertwined. The court has not released D&H’s mechanic lien. AEP will filed summary judgment. Court
provided plaintiff opportunity to respond to summary judgment, which will be heard by the Court on 12/8/08.
							
	Sandrift Enterprise v. AEP Industries Inc.	  	12/28/2006	  	IL	  	Prior to May
2008 Crisham &
Kubes
 May-08
 Karbal Cohen
 Economou
Silk
 Dunne
	  	 Mechanics lien and complaint filed alleging breach of contract and non-payment for services rendered in connection with move of
manufacturing lines from Gainesville, TX to Alsip, IL AEP contends work is not complete
 Amount: $42,660.84
	  	Open	  	Court has released Sandrift’s mechanic’s lien. As AEP continues to incur costs defending D&H mechanic’s lien, the court has continued the damages true-up of
AEP’s counterclaim against SEI pending resolution of the D&H litigation.
							
	Sysco. Corp. and Baugh Supply Chain Cooperative, Inc. v. AEP Industries Inc.	  	2/5/2007	  	Texas	  	Porter &
Hedges
Hongiman
Miller	  	 Sysco alleges breach of contract for non-fulfillment of bid. AEP countersued for unauthorized deductions taken by Sysco from 2000
to current date
 Amount: $3 million
	  	Closed	  	Settled via mediation.
							
	United Check Cashing v. AEP Industries Inc.	  	6/21/2007	  	Mountain Top, PA	  	Hourigan
Kluger	  	 Fraudulent payroll check issue.
 Demand: $16,850.26
	  	Open	  	Discovery continues. No trial date has been set.

													
	 Name
	  	Filing
Date	  	 Location
	  	Attorney	 	 Summary
	  	Status	  	 Resolution

	Jennifer Meredith v. AEP Industries Inc.	  	5/22/2007	  	 Bowling Green,
 KY
	  	Jackson
Lewis	 	Complaint allege sexual harassment and termination retaliation for complaining of harassment	  	Closed	  	EEOC issued “right to sue dismissal” in November 2007, Employee had 90 days in which to pursue private litigation. No lawsuit has been filed.
							
	Karen Jensev v. AEP Industries Inc.	  	5/24/2007	  	South Hackensack, NJ	  	Jackson
Lewis	 	Complaint alleges termination due to sex and disability (pregnancy)	  	Closed	  	EEOC has dismissed the case. Claimant has one year in which to institute civil suit.
							
	Keri Gregg v. AEP Industries Inc.	  	3/31/2008	  	 Bowling Green,
 KY
	  	Jackson
Lewis	 	Complaint allege sexual harassment and termination retaliation discrimination	  	Closed	  	Claim was dismissed
							
	Arturo Marquez v. AEP Industries Inc.	  	7/10/2008	  	 Matthews
 NC
	  	Jackson
Lewis	 	Complaint alleges termination as a result of filing a workers compensation claim	  	Closed	  	Claim was dismissed
							
	Rosanna Phelps v. AEP Industries Inc.	  	10/20/2008	  	 Bowling Green,
 KY
	  	Jackson
Lewis	 	Complaint alleges shift transfer due to previous FMLA	  	Open	  	 Position statement sent to
 the
State of KY DOL

							
	Clorox Australia PTY, Ltd. v. AEP Industries Inc.	  	2005	  	Australia	  	Fisher
Adams
Kelly (Australia)
 Mathews,
Shepherd
 McKay
&
Bruneau,
P.A.
 (NJ)
	 	Clorox has flied an opposition against Australian Patent Application Number 2007202043 seeking to invalidate that patent based on prior art. No damages are sought and the only
relief that could be granted is the invalidation of the patent application. This patent application covers a product for which the annual sales volume is less than $250,000	  	Open	  	AEP must produce evidence to support validity of the claimed invention. This phase will be completed in November 2008 unless further extended. A decision may be reached in
2009 after Clorox files its rebuttal argument
							
	Clorox Australia PTY, Ltd. v. AEP Industries Inc.	  	2008	  	Australia	  	Fisher
Adams
Kelly (Australia)
 Mathews,
Shepherd
 McKay
&
Bruneau,
P.A.
 (NJ)
	 	Clorox has filed an opposition against Australian Patent Application Number 2002337799 seeking to invalidate that patent based on prior art. No damages are sought and the only
relief that could be granted is the invalidation of the patent application. This patent application covers a product for which the annual sates volume is less than $250,000	  	Open	  	AEP must produce evidence to support validity of the claimed invention. This phase will be completed in November 2008 unless further extended. A decision may be reached in
2009 after Clorox files its rebuttal argument

 SCHEDULE 8.8 to 
 INFORMATION CERTIFICATION 
 Environmental Compliance 
 None. 

 SCHEDULE 8.10 
 to 
 INFORMATION CERTIFICATE 
 Deposit Accounts; Investment Accounts 
  

	A.	Part 1 - Deposit Accounts 

  

					
	 Name and Address of Bank
	  	Account Number	  	Purpose
	 Wachovia Bank
	  	2000003284478	  	Collections
	 123 South Broad Street
	  	2014130904918	  	Concentration
	 Philadelphia PA
	  	2079950036836	  	ZBA- A/P
		  	2079950036849	  	ZBA-Payroll
			
	 Chase Bank (Formerly BNY)
	  	6100950772	  	Petty Cash/
	 650 Washington Ave
	  		  	US Customs
	 Carlstadt, NJ
	  		  	(B/L < $10k)
			
	 Bank of America
	  	09584-08565	  	Petty Cash
	 Rancho Cordova, CA
	  		  	(B/L < $10k)
			
	 First Midwest Bank
	  	00100-36689	  	Petty Cash
	 Tinley Park, IL
	  		  	(B/L < $10k)
			
	 First Federal Bank
	  	10090-00182	  	Petty Cash
	 Mountain Top, PA
	  		  	(B/L < $10k)
			
	 PNC Bank
	  	8026245598	  	A/P
	 East Brunswick, NJ
	  		  	(B/L < $10k)
			
	 US Bank
	  	145805078725	  	Petty Cash
	 Saint Paul MN
	  		  	(B/L < $10k)
	 (KY Branch)
	  		  	
			
	 B.     Part 2- Investment and Other Accounts
	  		  	
			
	 Name and Address of Bank
	  	Account Number	  	Purpose
			
	 Salomon Smith Barney
	  	3441184417025	  	Stock Holding/Unpriced Sec.
	 250 Park Avenue, 11th Floor
	  		  	
			
	 US Bank- NJ
	  	173103781816	  	Escrow-Atlantis
		  	129235000	  	Working Capital -
		  		  	Atlantis

 In connection with the Permitted Atlantis Plastics Acquisition: 
  

	A.	Part 1 - Deposit Accounts 

  

					
	 Name and Address of Bank
	  	Account Number	  	Purpose
	 Bank of America
	  	4426625667	  	Collection
		  	4426225654	  	Concentration
		  	3359161695	  	A/P

  

 SCHEDULE 8.11 
 to 
 INFORMATION CERTIFICATE 
 Intellectual Property 
 Please see attached. 

 LIST OF TRADEMARKS AND TRADEMARK APPLICATIONS 
 U.S. Marks 
  

							
	 Trademark Name
	  	Application Number	  	Registration Number	  	 Country

	 AEP
	  	74/403968	  	1896144	  	USA
	 AEP
	  	76/451229	  	2752507	  	USA
	 AEP (BLUE LOGO)
	  	76/455754	  	2801936	  	USA
	 AEP INDUSTRIES INC.
	  	76/097599	  	2506137	  	USA
	 ATTACHE and Design
	  	72/306101	  	869213	  	USA
	 BEADSEAL-L
	  	76/178446	  	2906882	  	USA
	 CITIBAG
	  	74/169852	  	1691496	  	USA
	 CLINGCLASSIC
	  	76/288230	  	2676786	  	USA
	 CLINGMASTER
	  	73/781415	  	1564473	  	USA
	 ELITE
	  	77/569766	  		  	USA
	 EXCALIBUR
	  	76/619541	  	3039532	  	USA
	 FAB WRAP
	  	72/442125	  	974619	  	USA
	 FABGUARD
	  	75/586793	  	2296045	  	USA
	 FIRST WRAP
	  	76/345019	  	2870060	  	USA
	 MAPAC
	  	75/454694	  	2278514	  	USA
	 OSC
	  	73/701055	  	1498646	  	USA
	 PERFORMANCE PLUS
	  	73/680017	  	1550145	  	USA
	 PROFORMANCE FILMS (Stylized)
	  	75/587300	  	2640011	  	USA
	 RESINITE
	  	73/134515	  	739023	  	USA
	 SEALWRAP
	  	76/175034	  	2632910	  	USA
	 SEALWRAP
	  	75/393797	  	2221529	  	USA
	 SLC
	  	73/829984	  	1600846	  	USA
	 SLC
	  	75/587302	  	2584205	  	USA
	 SUNF1LM
	  	73/639532	  	1458347	  	USA
	 XH
	  	76/618517	  	3098680	  	USA
	 XR
	  	76/618520	  	3202516	  	USA
	 ZIP SAFE
	  	76/175035	  	2640641	  	USA

  

 Non-U.S. Marks 
  

							
	 Trademark Name
	  	Application Number	  	Registration Number	  	 Country

	 AF-50
	  	2199704	  	1837936	  	Argentina
	 RMF-61HY
	  	2199703	  	1785308	  	Argentina
	 AEP
	  	923273	  	923273	  	Australia
	 AEP SAFETY SLIDE CUTTER
	  	943002	  	943002	  	Australia
	 MAPAC
	  	798620	  	798620	  	Australia
	 RESINITE
	  	200219	  	200219	  	Australia
	 SEALWRAP
	  	537250	  	537250	  	Australia
	 ZIP SAFE
	  	945581	  	945581	  	Australia
	 EURO-M & DESIGN
	  	53445	  	410521	  	Benelux
	 RESINITE
	  	502757	  	003518	  	Benelux
	 AF-50
	  	00576	  	77251-C	  	Bolivia
	 RMF-61HY
	  	00575	  	77252-C	  	Bolivia
	 AF-50
	  	821137093	  	821137093	  	Brazil
	 RMF-61HY
	  	821137085	  	821137085	  	Brazil
	 RESINITE
	  	8521	  	8521	  	Bulgaria
	 CLING
	  	347943	  	TMA200980	  	Canada
	 CLINGMASTER
	  	366131	  	TMA198281	  	Canada
	 DESIGN ONLY
	  	1205,080	  	TMA644,753	  	Canada
	 DESIGN ONLY
	  	1205,079	  	TMA664,788	  	Canada
	 ELITE
	  	1411531	  		  	Canada
	 EXCALIBUR
	  	1239536	  	TMA648974	  	Canada
	 LOADMASTER
	  	510798	  	TMA297021	  	Canada
	 MAPAC
	  	811492	  	TMA509091	  	Canada
	 OPTIBUN
	  	1324,182	  		  	Canada
	 PROPACAST
	  	0709,214	  	TMA416,459	  	Canada

  

							
	 Trademark Name
	  	Application Number	  	Registration Number	  	 Country

	 RESINITE
	  	311981	  	TMA160844	  	Canada
	 RESINITE END PANEL PACKAGING
	  		  		  	
	 DESIGN
	  	1205080	  	TMA644753	  	Canada
	 RESINITE SIDE PANEL
	  		  		  	
	 PACKAGING DESIGN
	  	1205079	  	TMA644788	  	Canada
	 SEALWRAP
	  	497531	  	TMA317220	  	Canada
	 SEALWRAP
	  	1085127	  	TMA605895	  	Canada
	 SUNFILM
	  	729279	  	TMA430770	  	Canada
	 X-H
	  	1239479	  	TMA655486	  	Canada
	 X-R
	  	1239482	  	TMA655702	  	Canada
	 ZIP SAFE
	  	1085126	  	TMA605823	  	Canada
	 AF-50
	  	438904	  	549631	  	Chile
	 RMF-61HY
	  	438905	  	550408	  	Chile
	 AF-50
	  	121398	  	117473	  	Costa Rica
	 RMF-61HY
	  	121397	  	117474	  	Costa Rica
	 RESINITE
	  	381-04/93-01/018	  	Z 930170 A	  	Croatia
	 AEP UNIVERSAL WRAP
	  	002706513	  	002706513	  	CTM (European Community)
	 RESINITE
	  	005230735	  	005230735	  	CTM (European Community)
	 UNITER
	  	805812	  	805812	  	CTM (European Community)
	 UNIVEDER
	  	805853	  	805853	  	CTM (European Community)
	 ZIP SAFE
	  	003754884	  	003754884	  	CTM (European Community)
	 RESINITE
	  	63962	  	172621	  	Czech Republic
	 PERFOCUT
	  	VA 05.046 1974	  	VR 03.815 1975	  	Denmark
	 RESINITE
	  	VA 03.215 1965	  	VR 02.364 1966	  	Denmark

  

							
	 Trademark Name
	  	Application Number	  	Registration Number	  	 Country

	 AF-50
	  	93554	  	2725-00	  	Ecuador
	 RMF-61HY
	  	93555	  	2726-00	  	Ecuador
	 RESINITE
	  	93-10039	  	11900	  	Estonia
	 RESINITE
	  	R-1447/88	  	52426	  	Finland
	 RESINITE
	  	700.849	  	1310893	  	France
	 RESINITE
	  	818407	  	818407	  	Germany
	 SUNFILM
	  	1535835	  	1535835	  	Great Britain
	 UNITER
	  	1268 98 TO	  	816088	  	Italy
	 UNIVEDER
	  	1267 98 TO	  	816087	  	Italy
	 RESINTIE
	  	M-93-3963	  	M 15317	  	Latvia
	 RESINITE
	  	RL6322	  	9690	  	Lithuania
	 RESINITE
	  	792-95	  	06574	  	Macedonia
	 BEADSEAL
	  	463120	  	696910	  	Mexico
	 ELITE
	  	962335	  		  	Mexico
	 EXCALIBUR
	  	690303	  	896911	  	Mexico
	 MAPAC
	  	248676	  	512656	  	Mexico
	 RESINITE
	  	91200	  	00385529	  	Mexico
	 RESINITE
	  	0120106	  	397240	  	Mexico
	 SEAL WRAP
	  	461645	  	691447	  	Mexico
	 X-H
	  	690304	  	896912	  	Mexico
	 X-R
	  	690305	  	896913	  	Mexico
	 ZIP SAFE
	  	461646	  	869597	  	Mexico
	 AEP
	  	278444	  	278444	  	New Zealand
	 RESINITE
	  	674648	  	674648	  	New Zealand
	 RESINITE
	  	674649	  	674649	  	New Zealand
	 RESINITE
	  	66924	  	66924	  	Norway
	 AF-50
	  	000800-99	  	221093	  	Paraguay

  

							
	 Trademark Name
	  	Application Number	  	Registration Number	  	 Country

	 RMF-61HY
	  	000799-99	  	221092	  	Paraguay
	 MINIWRAP
	  	949647	  	949647	  	Spain
	 MINIWRAP
	  	1177041M4	  	1177041M4	  	Spain
	 RESINITE
	  	2177088	  	2177088	  	Spain
	 RESINITE
	  	3624/65	  	131277	  	Sweden
	 RESINITE
	  	93073952	  	8694	  	Ukraine
	 RESINITE
	  	Z-92-0701	  	39473	  	Yugoslavia

 LIST OF TRADEMARK
LICENSES 
  

			
	 Licensee
	  	 Trademarks

	AEP Canada Inc.	  	Cling, Euro-M, Loadmaster, Performance Plus, Resinite, Sealwrap, Sunfilm, The Professional’s Choice

 LIST OF PATENTS AND PATENT APPLICATIONS 
  

							
	 Patent Name
	  	Application Number	  	Patent Number	  	 Country

	 Film Cutter Assembly
	  	09/741521	  	Filed	  	USA
	 Film Cutter Assembly
	  	09/970015	  	Filed	  	USA
	 Film Cutter Assembly
	  	25845/01	  	779843	  	Australia
	 Film Cutter Assembly
	  	2395174	  	2395174	  	Canada
	 Film Cutter Assembly
	  	519720	  	519720	  	New Zealand
	 Film Cutter Assembly
	  	2002337799	  	2002337799	  	Australia
	 Film Cutter Assembly
	  	2461308	  	2461308	  	Canada
	 Film Cutter Assembly
	  	2006-248130	  		  	Japan
	 Film Cutter Apparatus & Method of Forming
	  	2007202043	  		  	Australia
	 Film Cutter Apparatus & Method of Forming
	  	2588010	  		  	Canada

 AEP INDUSTRIES INC. DOMAIN
NAMES 

					
	 Domain Name
	  	 Record Owner
	  	 Expiration Date

	AEPINC.COM	  	AEP Industries Inc.	  	8/14/2012
	AEPIND.COM	  	AEP Industries Inc.	  	4/19/2013
	BUYBAGS.NET	  	AEP Industries Inc.	  	7/16/2009
	PURCHASEFILM.COM	  	AEP Industries Inc.	  	2/14/2009
	RESINITE.COM	  	AEP Industries Inc.	  	5/28/2013
	SUPPLYAGFILM.COM	  	AEP Industries Inc.	  	4/20/2009
	SUPPLYCONVERTERS.COM	  	AEP Industries Inc.	  	4/20/2009
	SUPPLYCUSTOMFILM.COM	  	AEP Industries Inc.	  	4/20/2009
	SUPPLYFILM.COM	  	AEP Industries Inc.	  	4/14/2009
	SUPPLYFOODSERVICE.COM	  	AEP Industries Inc.	  	4/30/2009
	SUPPLYPACKAGING.COM	  	AEP Industries Inc.	  	2/23/2009
	SUPPLYSTRETCHFILM.COM	  	AEP Industries Inc.	  	4/20/2009
	SUPPLYSUPERMARKETS.COM	  	AEP Industries Inc.	  	4/20/2009

 Upon consummation of the Permitted Atlantis
Plastics Acquisition: 
 PATENTS 
  

							
	 Name of Patent
	  	 Serial/Patent Number
	  	 Filing/Registration Date
	  	 Status

	Deformable Label	  	5,302,431	  	01/06/92	  	Issued: 4/12/94
	Apparatus for Controlled Manual	  	4,600,163	  	12/10/82	  	Issued: 7/15/86
	Unrolling of rolled flexible Material	  		  		  	

 TRADEMARKS 
  

							
	 Trademark Name*
	  	Application Number	  	Registration Number	  	 Country

	ATLANTIS PLASTICS LINEAR	  	78/429,685	  	3,010,954	  	USA
	STRETCH FILMS and Design	  		  		  	
	STA-DRI	  	75/484,941	  	2,313,280	  	USA
	PROFLEX — common law rights.	  		  		  	

  

	*	The marks in this section are being transferred to Debtor from Atlantis Plastics, Inc. And Atlantis Plastic Films, Inc. These marks are currently subject to two liens
granted on March 22, 2005 to Merrill Lynch Capital, a Division of Merrill Lynch Business Financial Services Inc., as agent, and The Bank Of New York, as agent, respectively. 

  

 PATENT LICENSE AGREEMENT 
 Settlement Agreement dated October 3, 2007, between Pliant Corporation and Atlantis Plastics, Inc. 

 SCHEDULE 8.12 
 to 
 INFORMATION CERTIFICATE 
 Subsidiaries; Affiliates; Investments 
  

	1.	Subsidiaries (More than 50% owned by Company indicated) 

 Please see attached. 
  

	2.	Affiliates (Less than 50% Owned by Company) 

 None. 
  

	3.	Affiliates (Subject to common ownership with Company) 

 None. 
  

	4.	Shareholders as of July 29, 2008 (If widely held, only holders with more than 10%) 

  

						
	 Shareholders
	  	Jurisdiction of Incorporation	  	Percentage Owned	 
	 JMB Capital Partners
	  	N/A	  	16.3	% 
	 Brendan Barba
	  	N/A	  	12.5	% 

  

	*	If shareholders are individuals, indicate “N/A”. 

  

 SCHEDULE 8.12 
 to 
 INFORMATION CERTIFICATE 
 AEP Industries, Inc. 
 List of Subsidiaries of AEP Industries, Inc. 
 As of October 21, 2008 
  

						
	 Subsidiary
	  	Country of Incorporation	  	Percentage Owned	 
	 AEP Industries Finance Inc.
	  	United States	  	100	% 
	 AEP Canada Inc.
	  	Canada	  	100	% 
	 AEP Industries (Australia) Pty. Limited
	  	Australia	  	100	% 
	 AEP Films & Laminates Pty. Limited
	  	Australia	  	100	% 
	 Duplas Pty. Ltd.
	  	Australia	  	100	% 
	 AEP Industries (NZ) Limited
	  	New Zealand	  	100	% 
	 AEP Industries Packaging (Espana) SA
	  	Spain	  	100	% 
	 AEP Industries (UK) Ltd.
	  	UK	  	100	% 
	 AEP Italia Srl
	  	Italy	  	100	% 
	 Termofin Srl
	  	Italy	  	100	% 

  

 SCHEDULE 8.13 
 to 
 INFORMATION CERTIFICATE 
 Labor Matters 
  

							
	 Name of Agreement
	  	Date of
Agreement	  	 Parties to Agreement
	  	Date of
Expiration/
Termination
	Collective Bargaining Agreement	  	February 1, 2005	  	AEP Industries Inc. And United Textile	  	January 31, 2010
	(Mountaintop, PA)	  		  	Workers of America/United Food and	  	
		  		  	Commercial Workers of America AFL-	  	
		  		  	CIO-CLC, Local Union 195T	  	
				
	Collective Bargaining Agreement	  	March 1, 2007	  	AEP Industries Inc. and warehouse,	  	January 31, 2010
	(Chino, CA)	  		  	Processing and distribution Workers’	  	
		  		  	Union, Local No. 26, International	  	
		  		  	Longshoremen’s and Warehousemen’s	  	
		  		  	Union	  	

  

 SCHEDULE 8.15 
 to 
 INFORMATION CERTIFICATE 
 Material Contracts 
 None. 
  

 SCHEDULE 9.9 
 to 
 INFORMATION CERTIFICATE 
 Existing Indebtedness 
  

	1.	Direct Debt            (Payee – AEP Industries, Inc.) 

  

											
	 Company
	  	Principal
Balance as of
10/21/2008	  	 Nature of Debt
	  	Term
	 7-7/8% Senior Note
	  	$	175,000,000	  	Public Note	  			  	3/15/2013
	 Pennsylvania Industrial Development
	  	$	2,499,335	  	Pennsylvania	  	$	1,093,504	  	7/1/2017
	 Authority (PIDA)
	  			  	15 Year Industrial Loan	  	$	1,405,831	  	10/21/23
	 Pennsylvania Machinery & Equipment
	  	$	316,312	  	Pennsylvania 5 Year Equipment Loan	  			  	10/21/2013
	 Loan Fund (MELF)
	  			  		  			  	

  

	2.	Guarantees 

  

											
	 Company
	  	Primary Obligor	  	Name/Address of
Payee	 	Principal Balance
as of 10/21/2008	  	Nature of Debt	  	Term
	GE Capital BV	  	AEP Industries	  	AEP Industries	 	Euro: 250,000	  	Equipment Loan	  	10/11/2009
	(Netherlands)	  		  	(Netherlands) BV	 		  		  	

  

 SCHEDULE 9.10 
 to 
 INFORMATION CERTIFICATE 
 Loans and Advances 
  

									
	 Company
	  	 Name/Address of Debtor
	  	Outstanding Balance
of Loan as of	  	Secured/Unsecured	  	 Due Date

	AEP Industries, Inc.	  	 AEP Industries Packaging Espana
 SA (Spain) (Wholly Owned Subsidiary)
	  	Euro 2,513,125	  	Unsecured	  	No Maturity Date (Company is in liquidation)
	AEP Industries, Inc.	  	 Denis Kuruc
 (Employee)
 4607 Shadywood Lane
 Colleyville, TX 76034
	  	$145,000	  	Secured	  	April 30, 2013
	AEP Industries (NZ) Ltd (Wholly Owned Subsidiary)	  	AEP Industries, Inc.	  	NZ $8,479,844	  	Unsecured	  	January 7, 2009
	AEP Canada (Wholly Owned Subsidiary)	  	AEP Industries, Inc.	  	C$3,000,000	  	Unsecured	  	December 4, 2008

  

 EXHIBIT C 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 Compliance Certificate 
  

	To:	Wachovia Bank, National Association, as Agent 

	    	1133 Avenue of the Americas 

	    	New York, New York 10036 

 Ladies and Gentlemen:

 I hereby certify to you pursuant to Section 9.6 of the Loan Agreement (as defined below) as follows: 
 1. I am the duly elected Chief Financial Officer [Treasurer, Controller] of AEP Industries Inc. (“Borrower”). Capitalized terms
used herein without definition shall have the meanings given to such terms in the Amended and Restated Loan and Security Agreement, dated October 30, 2008, by and among Wachovia Bank, National Association, as successor by merger to Congress
Financial Corporation, as agent for the financial institutions party thereto as lenders (in such capacity, “Agent”) and the financial institutions party thereto as lenders (collectively, “Lenders”), Borrower (as such Amended and
Restated Loan and Security Agreement is amended, modified or supplemented, from time to time, the “Loan Agreement”). 
 2. I have reviewed the terms of the Loan Agreement, and have made, or have caused to be made under my supervision, a review in reasonable detail of the transactions and the financial condition of Borrower, during the immediately preceding
fiscal month. 
 3. I have no knowledge of the existence and continuance on the date hereof, of any condition or event which
constitutes an Event of Default, or act, condition or event which with notice or passage of time or both would constitute an Event of Default, except as set forth on Schedule I attached hereto. Described on Schedule I attached hereto are the
exceptions known to me, if any, to this Section 3 listing, in detail, the nature of the condition or event, the period during which it has existed and the action which Borrower or any Obligor has taken, is taking, or proposed to take with
respect to such condition or event. 
 4. I further certify that, based on the review described in Section 2 above,
Borrower has not at any time during or at the end of such fiscal month, except as specifically described on Schedule II attached hereto or as permitted by the Loan Agreement, done any of the following: 
  

	 	(a)	Changed its respective corporate name, or transacted business under any trade name, style, or fictitious name, other than those previously described to you and set
forth in the Financing Agreements 

  

	 	(b)	Changed the location of its chief executive office, changed its jurisdiction of incorporation or changed the location of or disposed of any of its

	 	properties or assets (other than pursuant to the sale of Inventory in the ordinary course of its business or as otherwise permitted by Section 9.7 of the Loan
Agreement), or established any new asset locations. 

  

	 	(c)	Materially changed the terms upon which it sells goods (including sales on consignment) or provides services, nor has any material vendor or trade supplier to Borrower
during or at the end of such period materially adversely changed the terms upon which it supplies goods to Borrower. 

  

	 	(d)	Permitted or suffered to exist any security interest in or liens on any of its properties, whether real or personal, other than as specifically permitted in the
Financing Agreements. 

  

	 	(e)	Received any notice of, or obtained knowledge of any of the following not previously disclosed to Agent: (i) the occurrence of any event involving the release,
spill or discharge of any Hazardous Material in violation of applicable Environmental Law in a material respect or (ii) any investigation, proceeding, complaint, order, directive, claims, citation or notice with respect to: (A) any
non-compliance with or violation of any applicable Environmental Law by any Borrower or Guarantor in any material respect or (B) the release, spill or discharge of any Hazardous Material in violation of applicable Environmental Law in a
material respect or (C) the generation, use, storage, treatment, transportation, manufacture, handling, production or disposal of any Hazardous Materials in violation of applicable Environmental Laws in a material respect or (D) any other
environmental, health or safety matter, which has a material adverse effect on Borrower or its business, operations or assets or any properties at which Borrower transported, stored or disposed of any Hazardous Materials. 

 

	 	(f)	Become aware of, obtained knowledge of, or received notification of, any breach or violation of any material covenant contained in any instrument or agreement in
respect of Indebtedness for money borrowed by Borrower. 

 5. Attached hereto as Schedule III are the calculations
used in determining, as of the end of such fiscal month or quarter, as applicable, whether Borrower were in compliance with the covenants set forth in Section 9.17 of the Loan Agreement for such fiscal month or quarter. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 The foregoing certifications are made and delivered this day of
                    ,             . 
  

			
	Very truly yours,
	
	AEP INDUSTRIES INC.
		
	By:	 	 
	Title:	 	 

 EXHIBIT D 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 (Senior Note Description of Notes) 
 On March 18, 2005, Borrower completed the sale of $175,000,000 aggregate principal amount of 7.875% Senior Notes due March 15, 2013 (the “Senior Notes”) through a private offering. The Senior
Notes mature on March 15, 2013, and contain certain customary covenants that, among other things, limit Borrower’s ability and the ability of its subsidiaries to incur additional indebtedness, pay dividends, sell assets, merge or consolidate or
create liens. Interest is paid semi-annually on every March 15th and September 15th. The Senior Notes are subject to redemption, at the option of Borrower, in whole or in part, at any time on or after March 31, 2009 and prior to maturity at certain
fixed redemption prices plus accrued interest. The 2013 Notes do not have any sinking fund requirements. 

 EXHIBIT F 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 (Form of Borrowing Base Certificate) 
 See attached. 

 Current Availability Status 
 AEP Industries Inc. 
 10/30/08 
 As of: 10/28/2008 
  

								
	 AEP only Gross
	 		  	77,942,154.17	  	 	
	 Less: Ineligible 09/30/08
	 		  	(8,976,504.25	) 	 	
		 		  	 	 	 	
	 Net A/R
	 		  	68,965,649.92	  	 	
	 Availability @ 85%
	 		  			 	58,620,802.43
	 Atlantis only Gross 
	 	 Through 10/24/0800
	  	33,827,672.51	  	 	
	 Less: Ineligibles: 9/30/2008
	 		  	(3,145,000.00	) 	 	
		 		  	 	 	 	
	 Net A/R
	 		  	30,682,672.51	  	 	
	 Availability @ 85%
	 		  			 	26,080,271.63
		 	Total A/R after advance rate	  			 	84,701,074.07
	 AEP only Inventory + Doc L/C’s
	  	104,094,213.00	  	 	
	 Less: Ineligible
	 	 09/30/08
	  	(6,199,888.00	) 	 	
		 		  	 	 	 	
	 Net Inventory
	 		  	97,894,325.00	  	 	
	 Availability @ 65%
	 		  			 	63,631,311.25
	 Atlantis only Inventory 
	 	 Through 9/30/08
	  	25,312,957.72	  	 	
	 Less: Ineligibles 9/30/2008
	 		  	(5,522,774.00	) 	 	
		 		  	 	 	 	
	 Net Inventory
	 		  	19,790,183.72	  	 	6,926,564.30
	 Availability @ 35%
	 		  			 	
		 	Inventory Limit at $70MM.	  			 	70,000,000.00
	 M & E Term Loan
	 		  	7,000,000.00	  	 	
	 Less: Ineligible 09/30/08
	 		  	0.00	  	 	
		 		  	 	 	 	
	 Net Collateral
	 		  	7,000,000.00	  	 	
	 Availability at 100%
	 		  			 	7,000,000.00
	 R&E Term Loan
	 		  	7,438,000.00	  	 	
	 Less: Ineligible 09/30/08
	 		  	0.00	  	 	
		 		  	 	 	 	
	 Net Collateral
	 		  	7,438,000.00	  	 	
	 Availability at 100%
	 		  			 	
		 		  			 	7,438,000.00
		 		  			 	 
	 Total NR and Inventory Availability
	 		  			 	169,139,074.07
		 		  			 	 
	 Facility Cap
	 		  			 	150,000,000.00
	 Lesser of Cap or Total Availability
	  			 	150,000,000.00
		 		  			 	 
	 Revolving Loan Balance
	 		  	64.00	  	 	
	 Libor Loan balance
	 		  	0.00	  	 	
	 SB LC
	 		  	871,021.87	  	 	
	 Total Exposure
	 		  			 	871,085.87
		 		  			 	 
	 Availability
	 		  			 	149,128,914.13
		 		  			 	 
	 Doc L/C for purchase of Machinery and Equipment
	  			 	—  
	 Approved 0/A
	 		  			 	—  
	 Less Today’s Borrowing
	 		  			 	—  
	 Cash In-Transit
	 		  			 	—  
	 Net Availability
	 		  			 	149,128,914.13
		 		  			 	 

  

 SCHEDULE 1.32 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 (Commitments) 
  

				
	 Lender
	  	Commitment
	 Wachovia Bank, National Association
	  	$	60,000,000
	 General Electric Capital Corporation
	  	$	45,000,000
	 Bank of America, N.A.
	  	$	45,000,000

 SCHEDULE 1.98 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 (Permitted Holders) 
 J. Brendan
Barba, his spouse, his lineal descendants, their spouses and trusts for the exclusive benefit of any of the foregoing persons. 

 SCHEDULE 6.6 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 (Authorized Persons) 
 Paul M.
Feeney 
 Lawrence R. Noll 
 James B.
Rafferty 

 SCHEDULE 9.7(b) 
 TO 
 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 (Real Property Sales Prices) 
 Part I 
  

				
	 1)      Mathews, North Carolina
	  	$	3,700,000
	 2)      Chino, California
	  	$	2,900,000
	 3)      Alsip, Illinois
	  	$	2,800,000
	 4)      Waxahachie, Texas
	  	$	1,600,000

 Part II. 
  

				
	 1)      Griffin, Georgia
	  	$	2,400,000Waiver letter from Bank of America

 Exhibit 10.1 
 

 
 March 10, 2010 
 Bank of America, N.A. 
 One Hundred Middle Street, Suite 329 
 Portland, Maine 04101-4673 
 Attention: Ward Graffam

  

	 	Re:	Request for Consent 

 Dear Mr. Graffam:

 The purpose of this letter is to advise you that Maine & Maritimes Corporation (the “Company”) is
negotiating a merger of the Company with a subsidiary of BHE Holdings, Inc. (the “Transaction”). The signing of a merger agreement would constitute an event of default under the following agreements between the Company’s wholly-owned
subsidiaries and Bank of America: 
  

	 	(1)	Section 8.01(k) of Credit Agreement dated October 7, 2005, with Maine Public Service Company; 

  

	 	(2)	Section 8.01(k) of Letter of Credit and Reimbursement Agreement dated January 31, 2006, with Maine Public Service Company for the 1996 Series Bonds;

  

	 	(3)	Section 8.01(k) of Letter of Credit and Reimbursement Agreement dated January 31, 2006, with Maine Public Service Company for the 2000 Series Bonds; and

  

	 	(4)	Section 7.11 of Loan Agreement dated May 8, 2008, with MAM Utility Services Group. 

 We hereby request Bank of America’s consent to the signing of the merger agreement, including an acknowledgement that Bank of America
does not consider the signing of the merger agreement to be an event of default, with the understanding that we will need one or more additional consents in order to consummate the Transaction if Bank of America will continue to be a lender to the
Company or any of its affiliates after the closing. We understand that this consent does not apply to any matters other than our entering into the merger agreement and that we are still obligated to comply with the terms of the applicable loan and
security documents. We also agree to keep you informed about the progress of the Transaction. We would appreciate it if you would indicate your consent by signing on the following page. Please fax or mail the signed consent to the attention of
Patrick C. Cannon, General Counsel for the Company, 209 State Street, Presque Isle, Maine 04769, facsimile (207) 760-2423, telephone (207) 760-2422. 
 209 STATE STREET  •  P.O. Box 789  •  PRESQUE ISLE, ME 04769-0789 
 PHONE: 207-760-2499  •  FAX:
207-760-2498  •  TOLL-FREE (U.S. & CANADA) 877-272-1523 
 WWW.MAINEANDMARITIMES.COM 

 Please call either of us if you would like to discuss this request. 
  

					
	Very truly yours,
		
		 	MAINE & MARITIMES CORPORATION
			
		 	 By:
	 	 /s/ Michael I. Williams

		 		 	     Michael I. Williams
     Chief Financial Officer

		 	Telephone: (207) 760-2428

 The undersigned hereby consents to the Company signing a merger agreement as set forth above, and agrees that doing so does not constitute a default under any of the listed documents, but reserves all of its other rights including those
relating to a closing of the Transaction, as outlined above. 
  

			
	 BANK OF AMERICA, N.A.

		
	 By:
	 	 /s/ Ward I. Graffam Jr.

			
	 Name:
	 	 Ward I. Graffam Jr.

			
	 Title:
	 	 Vice President

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