Exhibit 10.93
TRADEMARK SECURITY AGREEMENT
This Trademark Security Agreement (“Trademark Security Agreement”), dated as of January 20, 2022, is made by and between Precision Industries, Inc., a Pennsylvania corporation (“Grantor”), and Fifth Third Bank, National Association (the “Secured Party”).
Grantor and Secured Party have entered into a Credit and Security Agreement dated of even date herewith (the “Credit Agreement”).
Under the terms of the Credit Agreement, Grantor has granted to Secured Party a security interest in, among other property, certain intellectual property of Grantor, and has agreed to execute and deliver this Trademark Security Agreement, for recording with national, federal and state government authorities, including, but not limited to, the United States Patent and Trademark Office.
Grantor and Secured Party therefore agree as follows:
DOCPROPERTY Doc_ID \* MERGEFORMAT 10334772
[signature page to follow]
2
Grantor and Secured Party have executed this Trademark Security Agreement as of the date set forth in the introductory paragraph.
SECURED PARTY | GRANTOR |
FIFTH THIRD BANK, NATIONAL ASSOCIATION
By: Print Name: Jeffrey Seiden Title: Senior Vice President
| Precision Industries, Inc., a Pennsylvania corporation
By: Print Name: Title:
|
Signature Page to Trademark Security Agreement (Precision Industries, Inc.)
SCHEDULE 1
TRADEMARK REGISTRATIONS, APPLICATIONS, and licenses
Trademark | Registration # | Issue Date | Owner |
NUTEC | 1764041 | 04/13/1993 | Precision Industries, Inc. |
SUPER 7 MQ | 1841645 | 06/28/1994 | Precision Industries, Inc. |
MASRHALLOY MQ | 1804113 | 11/16/1993 | Precision Industries, Inc. |
DOCPROPERTY Doc_ID \* MERGEFORMAT 10334772 Schedule 1 to Trademark Security Agreement