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EXHIBIT 10.46
EXECUTION COPY
SECURITY AGREEMENT dated as of August 8, 2000,
among FLOWSERVE CORPORATION, a New York corporation (the
"Borrower"), each Subsidiary of the Borrower listed on
Schedule I hereto (each such Subsidiary individually a
"Guarantor" and collectively, the "Guarantors"; the
Guarantors and the Borrower are referred to collectively
herein as the "Grantors") and BANK OF AMERICA, N.A., a
national banking association ("BofA"), as collateral agent
(in such capacity, the "Collateral Agent") for the Secured
Parties (as defined herein).
Reference is made to (a) the Credit Agreement dated as of August 8, 2000
(as amended, supplemented or otherwise modified from time to time, the "Credit
Agreement"), among the Borrower, the lenders from time to time party thereto
(the "Lenders"), Credit Suisse First Boston, as syndication agent, and BofA, as
swingline lender, administrative agent and Collateral Agent and (b) the
Guarantee Agreement dated as of August 8, 2000 (as amended, supplemented or
otherwise modified from time to time, the "Guarantee Agreement"), among the
Guarantors and the Collateral Agent.
The Lenders have agreed to make Loans to the Borrower, and the Issuing
Banks have agreed to issue Letters of Credit for the account of the Borrower,
pursuant to, and upon the terms and subject to the conditions specified in, the
Credit Agreement. Each of the Guarantors has agreed to guarantee, among other
things, all the obligations of the Borrower under the Credit Agreement. The
obligations of the Lenders to make Loans and of the Issuing Banks to issue
Letters of Credit are conditioned upon, among other things, the execution and
delivery by the Grantors of an agreement in the form hereof to secure (a) the
due and punctual payment by the Borrower of (i) the principal of and premium, if
any, and interest (including interest accruing during the pendency of any
bankruptcy, insolvency, receivership or other similar proceeding, regardless of
whether allowed or allowable in such proceeding) on the Loans, when and as due,
whether at maturity, by acceleration, upon one or more dates set for prepayment
or otherwise, (ii) each payment required to be made by the Borrower under the
Credit Agreement in respect of any Letter of Credit, when and as due, including
payments in respect of reimbursement of disbursements, interest thereon and
obligations to provide cash collateral and (iii) all other monetary obligations,
including fees, costs, expenses and indemnities, whether primary, secondary,
direct, contingent, fixed or otherwise (including monetary obligations incurred
during the pendency of any bankruptcy, insolvency, receivership or other similar
proceeding, regardless of whether allowed or allowable in such proceeding), of
the Borrower to the Secured Parties under the Credit Agreement and the other
Loan Documents, (b) the due and punctual performance of all covenants,
agreements, obligations and liabilities of the Borrower under or pursuant to the
Credit Agreement and the other Loan Documents, (c) the due and punctual payment
and performance of all the covenants, agreements, obligations and liabilities of
each Loan Party under or pursuant to this Agreement and the other Loan
Documents, (d) the due and punctual payment and performance of all obligations
of the Borrower under each Hedging Agreement entered into with any counterparty
that was a Lender (or an Affiliate of a Lender) at the time such Hedging
Agreement was entered into, (e) the due and punctual payment and performance of
all obligations of the Borrower and the Guarantors pursuant to the ABN Standby
Credit not incurred in violation of the Credit Agreement, and (f) each payment
required to be made by the Borrower or any Guarantor in respect of any Fifth
Third Letter of Credit, when and as due, including payments in respect of
reimbursement of disbursements and interest thereon (all the monetary and other
obligations described in the preceding clauses (a) through (f) being
collectively referred to as the "Obligations").
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Accordingly, the Grantors and the Collateral Agent, on behalf of itself
and each Secured Party (and each of their respective successors or assigns),
hereby agree as follows:
ARTICLE I
Definitions
SECTION 1.01. Definition of Terms Used Herein. Unless the context
otherwise requires, all capitalized terms used but not defined herein shall have
the meanings set forth in the Credit Agreement and all references to the Uniform
Commercial Code shall mean the Uniform Commercial Code in effect in the State of
New York on the date hereof.
SECTION 1.02. Definition of Certain Terms Used Herein. As used herein,
the following terms shall have the following meanings:
"Account Debtor" shall mean any person who is or who may become obligated
to any Grantor under, with respect to or on account of an Account.
"Accounts" shall mean any and all right, title and interest of any
Grantor to payment for goods and services sold or leased, including any such
right evidenced by chattel paper, whether due or to become due, whether or not
it has been earned by performance, and whether now or hereafter acquired or
arising in the future, including accounts receivable from Affiliates of the
Grantors.
"Accounts Receivable" shall mean all Accounts and all right, title and
interest in any returned goods, together with all rights, titles, securities and
guarantees with respect thereto, including any rights to stoppage in transit,
replevin, reclamation and resales, and all related security interests, liens and
pledges, whether voluntary or involuntary, in each case whether now existing or
owned or hereafter arising or acquired.
"Chattel Paper" shall mean (a) a writing or writings which evidence both
a monetary obligation and a security interest in or a lease of specific
Equipment and (b) all other property now or hereafter constituting "chattel
paper" under the Uniform Commercial Code as in effect in the State of New York
or its equivalent in other jurisdictions, in each case that are now or hereafter
owned by any Grantor.
"Collateral" shall mean all (a) Accounts Receivable, (b) Documents, (c)
Chattel Paper, (d) Equipment, (e) General Intangibles, (f) Inventory, (g) cash
and cash accounts, (h) Investment Property and (i) Proceeds, except any
Equipment that is subject to a purchase money lien permitted under the Credit
Agreement in favor of any person (other than the Collateral Agent) if the
documents relating to such lien do not permit other liens.
"Commodity Account" shall mean an account maintained by a Commodity
Intermediary in which a Commodity Contract is carried out for a Commodity
Customer.
"Commodity Contract" shall mean a commodity futures contract, an option
on a commodity futures contract, a commodity option or any other contract that,
in each case, is (a) traded on or subject to the rules of a board of trade that
has been designated as a contract market for such a contract pursuant to the
federal commodities laws or (b) traded on a foreign
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commodity board of trade, exchange or market, and is carried on the books of a
Commodity Intermediary for a Commodity Customer.
"Commodity Customer" shall mean a person for whom a Commodity
Intermediary carries a Commodity Contract on its books.
"Commodity Intermediary" shall mean (a) a person who is registered as a
futures commission merchant under the federal commodities laws or (b) a person
who in the ordinary course of its business provides clearance or settlement
services for a board of trade that has been designated as a contract market
pursuant to federal commodities laws.
"Copyright License" shall mean any written agreement, now or hereafter in
effect, granting any right to any third party under any Copyright now or
hereafter owned by any Grantor or which such Grantor otherwise has the right to
license, or granting any right to such Grantor under any copyright now or
hereafter owned by any third party, and all rights of such Grantor under any
such agreement.
"Copyrights" shall mean all of the following now owned or hereafter
acquired by any Grantor: (a) all copyright rights in any work subject to the
copyright laws of the United States or any other country, whether as author,
assignee, transferee or otherwise, and (b) all registrations and applications
for registration of any such copyright in the United States or any other
country, including registrations, recordings, supplemental registrations and
pending applications for registration in the United States Copyright Office,
including those listed on Schedule II.
"Credit Agreement" shall have the meaning assigned to such term in the
preliminary statement of this Agreement.
"Documents" shall mean all instruments, files, records, ledger sheets
and documents covering or relating to any of the Collateral.
"Entitlement Holder" shall mean a person identified in the records of a
Securities Intermediary as the person having a Security Entitlement against the
Securities Intermediary. If a person acquires a Security Entitlement by virtue
of Section 8-501(b)(2) or (3) of the Uniform Commercial Code, such person is the
Entitlement Holder.
"Equipment" shall mean all equipment, furniture and furnishings, and all
tangible personal property similar to any of the foregoing, including tools,
parts and supplies of every kind and description, and all improvements,
accessions or appurtenances thereto, that are now or hereafter owned by any
Grantor. The term Equipment shall include Fixtures.
"Equity Interest" shall mean shares of capital stock, partnership
interests, membership interests in a limited liability company or beneficial
interests in a trust or other equity ownership interests in a person.
"Financial Asset" shall mean (a) a Security, (b) an obligation of a
person or a share, participation or other interest in a person or in property or
an enterprise of a person, which is, or is of a type, dealt with in or traded on
financial markets, or which is recognized in any area in which it is issued or
dealt in as a medium for investment or (c) any property that is held by a
Securities Intermediary for another person in a Securities Account if the
Securities Intermediary has expressly agreed with the other person that the
property is to be treated as
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a Financial Asset under Article 8 of the Uniform Commercial Code. As the context
requires, the term Financial Asset shall mean either the interest itself or the
means by which a person's claim to it is evidenced, including a certificated or
uncertificated Security, a certificate representing a Security or a Security
Entitlement.
"Fixtures" shall mean all items of Equipment, whether now owned or
hereafter acquired, of any Grantor that become so related to particular real
estate that an interest in them arises under any real estate law applicable
thereto.
"General Intangibles" shall mean all choses in action and causes of
action and all other assignable intangible personal property of any Grantor of
every kind and nature (other than Accounts Receivable) now owned or hereafter
acquired by any Grantor, including all rights and interests in partnerships,
limited partnerships, limited liability companies and other unincorporated
entities, corporate or other business records, indemnification claims, contract
rights (including rights under leases, whether entered into as lessor or lessee,
Hedging Agreements and other agreements), Intellectual Property, goodwill,
registrations, franchises, tax refund claims and any letter of credit,
guarantee, claim, security interest or other security held by or granted to any
Grantor to secure payment by an Account Debtor of any of the Accounts
Receivable.
"Hedging Agreement" shall mean any interest rate protection agreement,
foreign currency exchange agreement, commodity price protection agreement or
other interest or currency exchange rate or commodity price hedging arrangement.
"Intellectual Property" shall mean all intellectual and similar property
of any Grantor of every kind and nature now owned or hereafter acquired by any
Grantor, including inventions, designs, Patents, Copyrights, Licenses,
Trademarks, trade secrets, confidential or proprietary technical and business
information, know-how, show-how or other data or information, software and
databases and all embodiments or fixations thereof and related documentation,
registrations and franchises, and all additions, improvements and accessions to,
and books and records describing or used in connection with, any of the
foregoing.
"Inventory" shall mean all goods of any Grantor, whether now owned or
hereafter acquired, held for sale or lease, or furnished or to be furnished by
any Grantor under contracts of service, or consumed in any Grantor's business,
including raw materials, intermediates, work in process, packaging materials,
finished goods, semi-finished inventory, scrap inventory, manufacturing supplies
and spare parts, and all such goods that have been returned to or repossessed by
or on behalf of any Grantor.
"Investment Property" shall mean all Securities (whether certificated or
uncertificated), Security Entitlements, Securities Accounts, Commodity
Contracts, Commodity Accounts and Equity Interests of any Grantor, whether now
owned or hereafter acquired by any Grantor.
"License" shall mean any Patent License, Trademark License, Copyright
License or other license or sublicense to which any Grantor is a party,
including those listed on Schedule III (other than those license agreements in
existence on the date hereof and listed on Schedule III and those license
agreements entered into after the date hereof, which by their terms prohibit
(whether through automatic termination, the requirement of consent or otherwise)
assignment or a grant of a security interest by such Grantor as licensee
thereunder).
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"Obligations" shall have the meaning assigned to such term in the
preliminary statement of this Agreement.
"Patent License" shall mean any written agreement, now or hereafter in
effect, granting to any third party any right to make, use or sell any invention
on which a Patent, now or hereafter owned by any Grantor or which any Grantor
otherwise has the right to license, is in existence, or granting to any Grantor
any right to make, use or sell any invention on which a patent, now or hereafter
owned by any third party, is in existence, and all rights of any Grantor under
any such agreement.
"Patents" shall mean all of the following now owned or hereafter acquired
by any Grantor: (a) all letters patent of the United States or any other
country, all registrations and recordings thereof, and all applications for
letters patent of the United States or any other country, including
registrations, recordings and pending applications in the United States Patent
and Trademark Office or any similar offices in any other country, including
those listed on Schedule IV, and (b) all reissues, continuations, divisions,
continuations-in-part, renewals or extensions thereof, and the inventions
disclosed or claimed therein, including the right to exclude others from making,
using and/or selling the inventions disclosed or claimed therein.
"Perfection Certificate" shall mean a certificate substantially in the
form of Annex 1 hereto, completed and supplemented with the schedules and
attachments contemplated thereby, and duly executed by a Financial Officer of or
legal counsel for the Borrower.
"Proceeds" shall mean any consideration received from the sale, exchange,
license, lease or other disposition of any asset or property that constitutes
Collateral, any value received as a consequence of the possession of any
Collateral and any payment received from any insurer or other person or entity
as a result of the destruction, loss, theft, damage or other involuntary
conversion of whatever nature of any asset or property which constitutes
Collateral, and shall include, (a) any claim of any Grantor against any third
party for (and the right to sue and recover for and the rights to damages or
profits due or accrued arising out of or in connection with) (i) past, present
or future infringement of any Patent now or hereafter owned by any Grantor, or
licensed under a Patent License, (ii) past, present or future infringement or
dilution of any Trademark now or hereafter owned by any Grantor or licensed
under a Trademark License or injury to the goodwill associated with or
symbolized by any Trademark now or hereafter owned by any Grantor, (iii) past,
present or future breach of any License and (iv) past, present or future
infringement of any Copyright now or hereafter owned by any Grantor or licensed
under a Copyright License and (b) any and all other amounts from time to time
paid or payable under or in connection with any of the Collateral.
"Secured Parties" shall mean (a) the Lenders, (b) the Administrative
Agent, (c) the Collateral Agent, (d) the Issuing Banks, (e) each counterparty to
a Hedging Agreement entered into with the Borrower if such counterparty was a
Lender (or an Affiliate of a Lender) at the time the Hedging Agreement was
entered into, (f) the beneficiaries of each indemnification obligation
undertaken by any Grantor under any Loan Document, (g) in respect of the ABN
Standby Credit, ABN Amro Bank N.V. and its Affiliates, (h) in respect of the
Fifth Third Letters of Credit, Fifth Third Bancorp and its subsidiaries and (i)
the successors and assigns of each of the foregoing.
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"Securities" shall mean any obligations of an issuer or any shares,
participations or other interests in an issuer or in property or an enterprise
of an issuer which (a) are represented by a certificate representing a security
in bearer or registered form, or the transfer of which may be registered upon
books maintained for that purpose by or on behalf of the issuer, (b) are one of
a class or series or by its terms is divisible into a class or series of shares,
participations, interests or obligations and (c) (i) are, or are of a type,
dealt with or traded on securities exchanges or securities markets or (ii) are a
medium for investment and by their terms expressly provide that they are a
security governed by Article 8 of the Uniform Commercial Code, provided that
"Securities" shall not include more than 65% of the voting equity interests of
any non-United States issuer.
"Securities Account" shall mean an account to which a Financial Asset is
or may be credited in accordance with an agreement under which the person
maintaining the account undertakes to treat the person for whom the account is
maintained as entitled to exercise rights that comprise the Financial Asset.
"Securities Intermediary" shall mean (a) a clearing corporation or (b) a
person, including a bank or broker, that in the ordinary course of its business
maintains Securities Accounts for others and is acting in that capacity.
"Security Entitlements" shall mean the rights and property interests of
an Entitlement Holder with respect to a Financial Asset.
"Security Interest" shall have the meaning assigned to such term in
Section 2.01.
"Trademark License" shall mean any written agreement, now or hereafter in
effect, granting to any third party any right to use any Trademark now or
hereafter owned by any Grantor or which any Grantor otherwise has the right to
license, or granting to any Grantor any right to use any trademark now or
hereafter owned by any third party, and all rights of any Grantor under any such
agreement.
"Trademarks" shall mean all of the following now owned or hereafter
acquired by any Grantor: (a) all trademarks, service marks, trade names,
corporate names, company names, business names, fictitious business names, trade
styles, trade dress, logos, other source or business identifiers, designs and
general intangibles of like nature, now existing or hereafter adopted or
acquired, all registrations and recordings thereof, and all registration and
recording applications filed in connection therewith, including registrations
and registration applications (but excluding any United States intent-to-use
applications prior to the filing and acceptance of a Statement of Use or an
Amendment to allege use in connection therewith to the extent a valid security
interest may not be taken in such an intent-to-use application under applicable
law) in the United States Patent and Trademark Office, any State of the United
States or any similar offices in any other country or any political subdivision
thereof, and all extensions or renewals thereof, including those listed on
Schedule V, (b) all goodwill associated therewith or symbolized thereby and (c)
all other assets, rights and interests that uniquely reflect or embody such
goodwill.
SECTION 1.03. Rules of Interpretation. The rules of interpretation
specified in Section 1.02 of the Credit Agreement shall be applicable to this
Agreement.
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ARTICLE II
Security Interest
SECTION 2.01. Security Interest. As security for the payment or
performance, as the case may be, in full of the Obligations, and any extensions,
renewals, modifications or refinancings of the Obligations, each Grantor hereby
bargains, sells, conveys, assigns, sets over, mortgages, pledges, hypothecates
and transfers to the Collateral Agent, its successors and assigns, for the
ratable benefit of the Secured Parties, and hereby grants to the Collateral
Agent, its successors and assigns, for the ratable benefit of the Secured
Parties, a security interest in, all of such Grantor's right, title and interest
in, to and under the Collateral (the "Security Interest"). Without limiting the
foregoing, the Collateral Agent is hereby authorized to file one or more
financing statements (including fixture filings), continuation statements,
filings with the United States Patent and Trademark Office or United States
Copyright Office (or any successor office or any similar office in any other
country) or other documents for the purpose of perfecting, confirming,
continuing, enforcing or protecting the Security Interest granted by each
Grantor, without the signature of any Grantor, and naming any Grantor or the
Grantors as debtors and the Collateral Agent as secured party.
SECTION 2.02. No Assumption of Liability. The Security Interest is
granted as security only and shall not subject the Collateral Agent or any other
Secured Party to, or in any way alter or modify, any obligation or liability of
any Grantor with respect to or arising out of the Collateral.
ARTICLE III
Representations and Warranties
The Grantors jointly and severally represent and warrant to the
Collateral Agent and the Secured Parties that:
SECTION 3.01. Title and Authority. Each Grantor has good and valid
rights in and title to the Collateral with respect to which it has purported to
grant a Security Interest hereunder and has full power and authority to grant to
the Collateral Agent the Security Interest in such Collateral pursuant hereto
and to execute, deliver and perform its obligations in accordance with the terms
of this Agreement, without the consent or approval of any other person other
than any consent or approval which has been obtained.
SECTION 3.02. Filings. (a) The Perfection Certificate has been duly
prepared, completed and executed and the information set forth therein is
correct and complete in all material respects. Fully executed Uniform Commercial
Code financing statements (including fixture filings, as applicable) or other
appropriate filings, recordings or registrations containing a description of the
Collateral have been delivered to the Collateral Agent for filing in each
governmental, municipal or other office specified in Schedule 6 to the
Perfection Certificate, which are all the filings, recordings and registrations
(other than filings required to be made in the United States Patent and
Trademark Office and the United States Copyright Office in order to perfect the
Security Interest in Collateral consisting of United States Patents, Trademarks
and Copyrights) that are necessary to publish notice of and protect the validity
of and to establish a legal, valid and perfected security interest in favor of
the Collateral Agent (for the ratable benefit of the Secured Parties) in respect
of all
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Collateral in which the Security Interest may be perfected by filing, recording
or registration in the United States (or any political subdivision thereof) and
its territories and possessions, and no further or subsequent filing, refiling,
recording, rerecording, registration or reregistration is necessary in any
such jurisdiction, except as provided under applicable law with respect to the
filing of continuation statements or with respect to the filing of amendments or
new filings to reflect the change of any Grantor's name, location, identity or
corporate structure.
(b) Each Grantor represents and warrants that fully executed security
agreements in the form hereof and containing a description of all Collateral
consisting of Intellectual Property with respect to United States Patents and
United States registered Trademarks (and Trademarks for which United States
registration applications (other than any United States intent-to-use
applications prior to the filing and acceptance of a Statement of Use or an
Amendment to allege use in connection therewith) are pending) and United States
registered Copyrights have been delivered to the Collateral Agent for recording
by the United States Patent and Trademark Office and the United States Copyright
Office pursuant to 35 U.S.C. Section 261, 15 U.S.C. Section 1060 or 17 U.S.C.
Section 205 and the regulations thereunder, as applicable, and otherwise as may
be required pursuant to the laws of any other necessary jurisdiction, to protect
the validity of and to establish a legal, valid and perfected security interest
in favor of the Collateral Agent (for the ratable benefit of the Secured
Parties) in respect of all Collateral consisting of Patents, Trademarks and
Copyrights in which a security interest may be perfected by filing, recording or
registration in the United States (or any political subdivision thereof) and its
territories and possessions, or in any other necessary jurisdiction, and no
further or subsequent filing, refiling, recording, rerecording, registration or
reregistration is necessary (other than such actions as are necessary to perfect
the Security Interest with respect to any Collateral consisting of Patents,
Trademarks and Copyrights (or registration or application for registration
thereof) acquired or developed after the date hereof).
SECTION 3.03. Validity of Security Interest. The Security Interest
constitutes (a) a legal and valid security interest in all the Collateral
securing the payment and performance of the Obligations, (b) subject to the
filings described in Section 3.02 above, a perfected security interest in all
Collateral in which a security interest may be perfected by filing, recording or
registering a financing statement or analogous document in the United States (or
any political subdivision thereof) and its territories and possessions pursuant
to the Uniform Commercial Code or other applicable law in such jurisdictions and
(c) a security interest that shall be perfected in all Collateral in which a
security interest may be perfected upon the receipt and recording of this
Agreement with the United States Patent and Trademark Office and the United
States Copyright Office, as applicable and otherwise as may be required pursuant
to the laws of any other necessary jurisdiction. The Security Interest is and
shall be prior to any other Lien on any of the Collateral, other than Liens
expressly permitted to be prior to the Security Interest pursuant to Section
6.02 of the Credit Agreement.
SECTION 3.04. Absence of Other Liens. The Collateral is owned by the
Grantors free and clear of any Lien, except for Liens expressly permitted
pursuant to Section 6.02 of the Credit Agreement. Grantor has not filed or
consented to the filing of (a) any financing statement or analogous document
under the Uniform Commercial Code or any other applicable laws covering any
Collateral, (b) any assignment in which any Grantor assigns any Collateral or
any security agreement or similar instrument covering any Collateral with the
United States Patent and Trademark Office or the United States Copyright Office
or (c) any assignment in which any Grantor assigns any Collateral or any
security agreement or similar
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instrument covering any Collateral with any foreign governmental, municipal or
other office, which financing statement or analogous document, assignment,
security agreement or similar instrument is still in effect, except, in each
case, for Liens expressly permitted pursuant to Section 6.02 of the Credit
Agreement.
ARTICLE IV
Covenants
SECTION 4.01. Change of Name; Location of Collateral; Records; Place of
Business. (a) Each Grantor agrees promptly to notify the Collateral Agent in
writing of any change (i) in its corporate name or in any trade name used to
identify it in the conduct of its business or in the ownership of its
properties, (ii) in the location of its chief executive office, its principal
place of business, any office in which it maintains books or records relating to
Collateral owned by it or any office or facility at which Collateral owned by it
is located (including the establishment of any such new office or facility),
(iii) in its identity or corporate structure or (iv) in its Federal Taxpayer
Identification Number. Each Grantor agrees not to effect or permit any change
referred to in the preceding sentence unless all filings have been made under
the Uniform Commercial Code or otherwise that are required in order for the
Collateral Agent to continue at all times following such change to have a valid,
legal and perfected first priority security interest in all the Collateral. Each
Grantor agrees promptly to notify the Collateral Agent if any material portion
of the Collateral owned or held by such Grantor is damaged or destroyed.
(b) Each Grantor agrees to maintain, at its own cost and expense, such
complete and accurate records with respect to the Collateral owned by it as is
consistent with its current practices and in accordance with such prudent and
standard practices used in industries that are the same as or similar to those
in which such Grantor is engaged, but in any event to include complete
accounting records indicating all payments and proceeds received with respect to
any part of the Collateral, and, at such time or times as the Collateral Agent
may reasonably request, promptly to prepare and deliver to the Collateral Agent
a duly certified schedule or schedules in form and detail satisfactory to the
Collateral Agent showing the identity, amount and location of any and all
Collateral.
SECTION 4.02. Periodic Certification. Each year, at the time of delivery
of annual financial statements with respect to the preceding fiscal year
pursuant to Section 5.04 of the Credit Agreement, the Borrower shall deliver to
the Collateral Agent a certificate executed by a Financial Officer of or legal
counsel for the Borrower (a) setting forth the information required pursuant to
Section 2 of the Perfection Certificate or confirming that there has been no
change in such information since the date of such certificate or the date of the
most recent certificate delivered pursuant to this Section 4.02 and (b)
certifying that all Uniform Commercial Code financing statements (including
fixture filings, as applicable) or other appropriate filings, recordings or
registrations, including all refilings, rerecordings and reregistrations,
containing a description of the Collateral have been filed of record in each
governmental, municipal or other appropriate office in each jurisdiction
identified pursuant to clause (a) above to the extent necessary to protect and
perfect the Security Interest for a period of not less than 18 months after the
date of such certificate (except as noted therein with respect to any
continuation statements to be filed within such period). Each certificate
delivered pursuant to this Section 4.02 shall identify in the format of Schedule
II, III, IV or V, as applicable, all Intellectual Property of any Grantor
material to the conduct of any
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Grantor's business in existence on the date thereof and not then listed on such
Schedules or previously so identified to the Collateral Agent.
SECTION 4.03. Protection of Security. Each Grantor shall, at its own cost
and expense, take any and all actions necessary to defend title to the
Collateral against all persons and to defend the Security Interest of the
Collateral Agent in the Collateral and the priority thereof against any Lien not
expressly permitted pursuant to Section 6.02 of the Credit Agreement.
SECTION 4.04. Further Assurances. Each Grantor agrees, at its own
expense, to execute, acknowledge, deliver and cause to be duly filed all such
further instruments and documents and take all such actions as the Collateral
Agent may from time to time request to better assure, preserve, protect and
perfect the Security Interest and the rights and remedies created hereby,
including the payment of any fees and taxes required in connection with the
execution and delivery of this Agreement, the granting of the Security Interest
and the filing of any financing statements (including fixture filings) or other
documents in connection herewith or therewith. If any amount payable under or in
connection with any of the Collateral shall be or become evidenced by any
promissory note or other instrument, such note or instrument shall be
immediately pledged and delivered to the Collateral Agent, duly endorsed in a
manner satisfactory to the Collateral Agent.
Without limiting the generality of the foregoing, each Grantor hereby
authorizes the Collateral Agent, with prompt notice thereof to the Grantors, to
supplement this Agreement by supplementing Schedule II, III, IV or V hereto or
adding additional schedules hereto to specifically identify any asset or item
that may constitute Copyrights, Licenses, Patents or Trademarks; provided,
however, that any Grantor shall have the right, exercisable within 10 days after
it has been notified by the Collateral Agent of the specific identification of
such Collateral, to advise the Collateral Agent in writing of any inaccuracy of
the representations and warranties made by such Grantor hereunder with respect
to such Collateral. Each Grantor agrees that it will use its best efforts to
take such action as shall be necessary in order that all representations and
warranties hereunder shall be true and correct with respect to such Collateral
within 30 days after the date it has been notified by the Collateral Agent of
the specific identification of such Collateral.
SECTION 4.05. Inspection and Verification. The Collateral Agent and such
persons as the Collateral Agent may reasonably designate shall have the right,
at the Grantors' own cost and expense, to inspect the Collateral, all records
related thereto (and to make extracts and copies from such records) and the
premises upon which any of the Collateral is located, to discuss the Grantors'
affairs with the officers of the Grantors and their independent accountants and
to verify under reasonable procedures the validity, amount, quality, quantity,
value, condition and status of, or any other matter relating to, the Collateral,
including, in the case of Accounts or Collateral in the possession of any third
person, by contacting Account Debtors or the third person possessing such
Collateral for the purpose of making such a verification. The Collateral Agent
shall have the absolute right to share any information it gains from such
inspection or verification with any Secured Party (it being understood that any
such information shall be deemed to be "Information" subject to the provisions
of Section 9.16).
SECTION 4.06. Taxes; Encumbrances. At its option, the Collateral Agent
may discharge past due taxes, assessments, charges, fees, Liens, security
interests or other encumbrances at any time levied or placed on the Collateral
and not permitted pursuant to
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Section 6.02 of the Credit Agreement, and may pay for the maintenance and
preservation of the Collateral to the extent any Grantor fails to do so as
required by the Credit Agreement or this Agreement, and each Grantor jointly and
severally agrees to reimburse the Collateral Agent on demand for any payment
made or any expense incurred by the Collateral Agent pursuant to the foregoing
authorization; provided, however, that nothing in this Section 4.06 shall be
interpreted as excusing any Grantor from the performance of, or imposing any
obligation on the Collateral Agent or any Secured Party to cure or perform, any
covenants or other promises of any Grantor with respect to taxes, assessments,
charges, fees, liens, security interests or other encumbrances and maintenance
as set forth herein or in the other Loan Documents.
SECTION 4.07. Assignment of Security Interest. If at any time any Grantor
shall take a security interest in any property of an Account Debtor or any other
person to secure payment and performance of an Account, such Grantor shall
promptly assign such security interest to the Collateral Agent. Such assignment
need not be filed of public record unless necessary to continue the perfected
status of the security interest against creditors of and transferees from the
Account Debtor or other person granting the security interest.
SECTION 4.08. Continuing Obligations of the Grantors. Each Grantor shall
remain liable to observe and perform all the conditions and obligations to be
observed and performed by it under each contract, agreement or instrument
relating to the Collateral, all in accordance with the terms and conditions
thereof, and each Grantor jointly and severally agrees to indemnify and hold
harmless the Collateral Agent and the Secured Parties from and against any and
all liability for such performance.
SECTION 4.09. Use and Disposition of Collateral. None of the Grantors
shall make or permit to be made an assignment, pledge or hypothecation of the
Collateral or shall grant any other Lien in respect of the Collateral, except as
expressly permitted by Section 6.02 of the Credit Agreement; provided, however,
that nothing herein shall be construed to prohibit the Grantors from granting or
receiving any licenses or sub-licenses of Intellectual Property. None of the
Grantors shall make or permit to be made any transfer of the Collateral and each
Grantor shall remain at all times in possession of the Collateral owned by it,
except that (a) Inventory may be sold in the ordinary course of business and (b)
unless and until the Collateral Agent shall notify the Grantors that an Event of
Default shall have occurred and be continuing and that during the continuance
thereof the Grantors shall not sell, convey, lease, assign, transfer or
otherwise dispose of any Collateral (which notice may be given by telephone if
promptly confirmed in writing), the Grantors may use and dispose of the
Collateral in any lawful manner not inconsistent with the provisions of this
Agreement, the Credit Agreement or any other Loan Document. Without limiting the
generality of the foregoing, each Grantor agrees that it shall not permit any
Inventory to be in the possession or control of any warehouseman, bailee, agent
or processor at any time unless such warehouseman, bailee, agent or processor
shall have been notified of the Security Interest and shall have agreed in
writing to hold the Inventory subject to the Security Interest and the
instructions of the Collateral Agent and to waive and release any Lien held by
it with respect to such Inventory, whether arising by operation of law or
otherwise.
SECTION 4.10. Limitation on Modification of Accounts. None of the
Grantors will, without the Collateral Agent's prior written consent, grant any
extension of the time of payment of any of the Accounts Receivable, compromise,
compound or settle the same for less than the full amount thereof, release,
wholly or partly, any person liable for the payment thereof or allow any credit
or discount whatsoever thereon, other than extensions, credits,
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discounts, compromises or settlements granted or made in the ordinary course of
business and consistent with its current practices and in accordance with such
prudent and standard practices used in industries that are the same as or
similar to those in which such Grantor is engaged.
SECTION 4.11. Insurance. The Grantors, at their own expense, shall
maintain or cause to be maintained insurance covering physical loss or damage to
the Inventory and Equipment in accordance with Section 5.02 of the Credit
Agreement. Each Grantor irrevocably makes, constitutes and appoints the
Collateral Agent (and all officers, employees or agents designated by the
Collateral Agent) as such Grantor's true and lawful agent (and attorney-in-fact)
for the purpose, during the continuance of an Event of Default, of making,
settling and adjusting claims in respect of Collateral under policies of
insurance, endorsing the name of such Grantor on any check, draft, instrument or
other item of payment for the proceeds of such policies of insurance and for
making all determinations and decisions with respect thereto. In the event that
any Grantor at any time or times shall fail to obtain or maintain any of the
policies of insurance required hereby or to pay any premium in whole or part
relating thereto, the Collateral Agent may, without waiving or releasing any
obligation or liability of the Grantors hereunder or any Event of Default, in
its sole discretion, obtain and maintain such policies of insurance and pay such
premium and take any other actions with respect thereto as the Collateral Agent
deems advisable. All sums disbursed by the Collateral Agent in connection with
this Section 4.11, including reasonable attorneys' fees, court costs, expenses
and other charges relating thereto, shall be payable, upon demand, by the
Grantors to the Collateral Agent and shall be additional Obligations secured
hereby.
SECTION 4.12. Covenants Regarding Patent, Trademark and Copyright
Collateral. (a) Each Grantor agrees that it will not, and it will exercise its
reasonable best efforts to ensure that its licensees will not, do any act, or
omit to do any act, whereby any Patent that is material to the conduct of such
Grantor's business may become invalidated or dedicated to the public, and agrees
that it shall continue to mark any products covered by a Patent with the
relevant patent number as necessary and sufficient to establish and preserve its
maximum rights under applicable patent laws.
(b) Each Grantor (either itself or through its licensees or its
sublicensees) will, for each Trademark that is material to the conduct of such
Grantor's business, (i) maintain such Trademark in full force free from any
claim of abandonment or invalidity for non-use, (ii) maintain the quality of
products and services offered under such Trademark, (iii) display such Trademark
with notice of Federal or foreign registration to the extent necessary and
sufficient to establish and preserve its maximum rights under applicable law and
(iv) not knowingly use or knowingly permit the use of such Trademark in
violation of any third party rights.
(c) Each Grantor (either itself or through licensees) will, for each
work covered by a Copyright that is material to the conduct of any Grantor's
business, continue to publish, reproduce, display, adopt and distribute the work
with appropriate copyright notice as necessary and sufficient to establish and
preserve its maximum rights under applicable copyright laws.
(d) Each Grantor shall notify the Collateral Agent immediately if it
knows or has reason to know that any Patent, Trademark or Copyright material to
the conduct of its business may become abandoned, lost or dedicated to the
public, or of any materially adverse determination or development (including the
institution of, or any such determination or
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development in, any proceeding in the United States Patent and Trademark Office,
United States Copyright Office or any court or similar office of any country)
regarding such Grantor's ownership of any Patent, Trademark or Copyright, its
right to register the same, or to keep and maintain the same.
(e) In no event shall any Grantor, either itself or through any agent,
employee, licensee or designee, file an application for any Patent, Trademark or
Copyright (or for the registration of any Trademark or Copyright) with the
United States Patent and Trademark Office, United States Copyright Office or any
office or agency in any political subdivision of the United States or in any
other country or any political subdivision thereof, unless it promptly informs
the Collateral Agent, and, upon request of the Collateral Agent, executes and
delivers any and all agreements, instruments, documents and papers as the
Collateral Agent may reasonably request to evidence the Collateral Agent's
security interest in such Patent, Trademark or Copyright, and each Grantor
hereby appoints the Collateral Agent as its attorney-in-fact to execute and file
such writings for the foregoing purposes, all acts of such attorney being hereby
ratified and confirmed; such power, being coupled with an interest, is
irrevocable.
(f) Each Grantor will take all necessary steps that are consistent with
the practice in any proceeding before the United States Patent and Trademark
Office, United States Copyright Office or any office or agency in any political
subdivision of the United States or in any other country or any political
subdivision thereof, to maintain and pursue each material application relating
to the Patents, Trademarks and/or Copyrights (and to obtain the relevant grant
or registration) and to maintain each issued Patent and each registration of the
Trademarks and Copyrights that is material to the conduct of any Grantor's
business, including timely filings of applications for renewal, affidavits of
use, affidavits of incontestability and payment of maintenance fees, and, if
consistent with good business judgment, to initiate opposition, interference and
cancelation proceedings against third parties.
(g) In the event that any Grantor has reason to believe that any
Collateral consisting of a Patent, Trademark or Copyright material to the
conduct of any Grantor's business has been or is about to be infringed,
misappropriated or diluted by a third party, such Grantor promptly shall notify
the Collateral Agent and shall, if consistent with good business judgment, sue
for infringement, misappropriation or dilution and to recover any and all
damages for such infringement, misappropriation or dilution, and take such other
actions as are appropriate under the circumstances to protect such Collateral.
(h) Upon and during the continuance of an Event of Default, each Grantor
shall use its best efforts to obtain all requisite consents or approvals by the
licensor of each Copyright License, Patent License or Trademark License to
effect the assignment of all of such Grantor's right, title and interest
thereunder to the Collateral Agent or its designee.
ARTICLE V
Power of Attorney
Each Grantor irrevocably makes, constitutes and appoints the Collateral
Agent (and all officers, employees or agents designated by the Collateral Agent)
as such Grantor's true and lawful agent and attorney-in-fact, and in such
capacity the Collateral Agent shall have
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the right, with power of substitution for each Grantor and in each Grantor's
name or otherwise, for the use and benefit of the Collateral Agent and the
Secured Parties, upon the occurrence and during the continuance of an Event of
Default (a) to receive, endorse, assign and/or deliver any and all notes,
acceptances, checks, drafts, money orders or other evidences of payment relating
to the Collateral or any part thereof; (b) to demand, collect, receive payment
of, give receipt for and give discharges and releases of all or any of the
Collateral; (c) to sign the name of any Grantor on any invoice or bill of lading
relating to any of the Collateral; (d) to send verifications of Accounts
Receivable to any Account Debtor; (e) to commence and prosecute any and all
suits, actions or proceedings at law or in equity in any court of competent
jurisdiction to collect or otherwise realize on all or any of the Collateral or
to enforce any rights in respect of any Collateral; (f) to settle, compromise,
compound, adjust or defend any actions, suits or proceedings relating to all or
any of the Collateral; (g) to notify, or to require any Grantor to notify,
Account Debtors to make payment directly to the Collateral Agent; and (h) to
use, sell, assign, transfer, pledge, make any agreement with respect to or
otherwise deal with all or any of the Collateral, and to do all other acts and
things necessary to carry out the purposes of this Agreement, as fully and
completely as though the Collateral Agent were the absolute owner of the
Collateral for all purposes; provided, however, that nothing herein contained
shall be construed as requiring or obligating the Collateral Agent or any
Secured Party to make any commitment or to make any inquiry as to the nature or
sufficiency of any payment received by the Collateral Agent or any Secured
Party, or to present or file any claim or notice, or to take any action with
respect to the Collateral or any part thereof or the moneys due or to become due
in respect thereof or any property covered thereby, and no action taken or
omitted to be taken by the Collateral Agent or any Secured Party with respect to
the Collateral or any part thereof shall give rise to any defense, counterclaim
or offset in favor of any Grantor or to any claim or action against the
Collateral Agent or any Secured Party. It is understood and agreed that the
appointment of the Collateral Agent as the agent and attorney-in-fact of the
Grantors for the purposes set forth above is coupled with an interest and is
irrevocable. The provisions of this Section shall in no event relieve any
Grantor of any of its obligations hereunder or under any other Loan Document
with respect to the Collateral or any part thereof or impose any obligation on
the Collateral Agent or any Secured Party to proceed in any particular manner
with respect to the Collateral or any part thereof, or in any way limit the
exercise by the Collateral Agent or any Secured Party of any other or further
right which it may have on the date of this Agreement or hereafter, whether
hereunder, under any other Loan Document, by law or otherwise.
ARTICLE VI
Remedies
SECTION 6.01. Remedies upon Default. Upon the occurrence and during the
continuance of an Event of Default, each Grantor agrees to deliver each item of
Collateral to the Collateral Agent on demand, and it is agreed that the
Collateral Agent shall have the right to take any of or all the following
actions at the same or different times: (a) with respect to any Collateral
consisting of Intellectual Property, on demand, to cause the Security Interest
to become an assignment, transfer and conveyance of any of or all such
Collateral by the applicable Grantors to the Collateral Agent, or to license or
sublicense, whether general, special or otherwise, and whether on an exclusive
or non-exclusive basis, any such Collateral throughout the world on such terms
and conditions and in such manner as the Collateral Agent shall determine (other
than in violation of any then-existing licensing
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arrangements to the extent that waivers cannot be obtained), and (b) with or
without legal process and with or without prior notice or demand for
performance, to take possession of the Collateral and without liability for
trespass to enter any premises where the Collateral may be located for the
purpose of taking possession of or removing the Collateral, exercise any
Grantor's right to bill and receive payment for completed work and, generally,
to exercise any and all rights afforded to a secured party under the Uniform
Commercial Code or other applicable law. Without limiting the generality of the
foregoing, each Grantor agrees that the Collateral Agent shall have the right,
subject to the mandatory requirements of applicable law, to sell or otherwise
dispose of all or any part of the Collateral, at public or private sale or at
any broker's board or on any securities exchange, for cash, upon credit or for
future delivery as the Collateral Agent shall deem appropriate. The Collateral
Agent shall be authorized at any such sale (if it deems it advisable to do so)
to restrict the prospective bidders or purchasers to persons who will represent
and agree that they are purchasing the Collateral for their own account for
investment and not with a view to the distribution or sale thereof, and upon
consummation of any such sale the Collateral Agent shall have the right to
assign, transfer and deliver to the purchaser or purchasers thereof the
Collateral so sold. Each such purchaser at any such sale shall hold the property
sold absolutely, free from any claim or right on the part of any Grantor, and
each Grantor hereby waives (to the extent permitted by law) all rights of
redemption, stay and appraisal which such Grantor now has or may at any time in
the future have under any rule of law or statute now existing or hereafter
enacted.
The Collateral Agent shall give the Grantors 10 days' written notice
(which each Grantor agrees is reasonable notice within the meaning of Section
9-504(3) of the Uniform Commercial Code as in effect in the State of New York or
its equivalent in other jurisdictions) of the Collateral Agent's intention to
make any sale of Collateral. Such notice, in the case of a public sale, shall
state the time and place for such sale and, in the case of a sale at a broker's
board or on a securities exchange, shall state the board or exchange at which
such sale is to be made and the day on which the Collateral, or portion thereof,
will first be offered for sale at such board or exchange. Any such public sale
shall be held at such time or times within ordinary business hours and at such
place or places as the Collateral Agent may fix and state in the notice (if any)
of such sale. At any such sale, the Collateral, or portion thereof, to be sold
may be sold in one lot as an entirety or in separate parcels, as the Collateral
Agent may (in its sole and absolute discretion) determine. The Collateral Agent
shall not be obligated to make any sale of any Collateral if it shall determine
not to do so, regardless of the fact that notice of sale of such Collateral
shall have been given. The Collateral Agent may, without notice or publication,
adjourn any public or private sale or cause the same to be adjourned from time
to time by announcement at the time and place fixed for sale, and such sale may,
without further notice, be made at the time and place to which the same was so
adjourned. In case any sale of all or any part of the Collateral is made on
credit or for future delivery, the Collateral so sold may be retained by the
Collateral Agent until the sale price is paid by the purchaser or purchasers
thereof, but the Collateral Agent shall not incur any liability in case any such
purchaser or purchasers shall fail to take up and pay for the Collateral so sold
and, in case of any such failure, such Collateral may be sold again upon like
notice. At any public (or, to the extent permitted by law, private) sale made
pursuant to this Section, any Secured Party may bid for or purchase, free (to
the extent permitted by law) from any right of redemption, stay, valuation or
appraisal on the part of any Grantor (all said rights being also hereby waived
and released to the extent permitted by law), the Collateral or any part thereof
offered for sale and may make payment on account thereof by using any claim then
due and payable to such Secured Party from any Grantor as a credit against the
purchase price, and such Secured Party may, upon compliance with the
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terms of sale, hold, retain and dispose of such property without further
accountability to any Grantor therefor. For purposes hereof, a written agreement
to purchase the Collateral or any portion thereof shall be treated as a sale
thereof; the Collateral Agent shall be free to carry out such sale pursuant to
such agreement and no Grantor shall be entitled to the return of the Collateral
or any portion thereof subject thereto, notwithstanding the fact that after the
Collateral Agent shall have entered into such an agreement all Events of Default
shall have been remedied and the Obligations paid in full. As an alternative to
exercising the power of sale herein conferred upon it, the Collateral Agent may
proceed by a suit or suits at law or in equity to foreclose this Agreement and
to sell the Collateral or any portion thereof pursuant to a judgment or decree
of a court or courts having competent jurisdiction or pursuant to a proceeding
by a court-appointed receiver.
SECTION 6.02. Application of Proceeds. The Collateral Agent shall apply
the proceeds of any collection or sale of the Collateral, as well as any
Collateral consisting of cash, as follows:
FIRST, to the payment of all costs and expenses incurred by the
Administrative Agent or the Collateral Agent (in its capacity as such
hereunder or under any other Loan Document) in connection with such
collection or sale or otherwise in connection with this Agreement or any
of the Obligations, including all court costs and the fees and expenses
of its agents and legal counsel, the repayment of all advances made by
the Collateral Agent hereunder or under any other Loan Document on behalf
of any Grantor and any other costs or expenses incurred in connection
with the exercise of any right or remedy hereunder or under any other
Loan Document;
SECOND, to the payment in full of the Obligations (the amounts so
applied to be distributed among the Secured Parties pro rata in
accordance with the amounts of the Obligations owed to them on the date
of any such distribution); and
THIRD, to the Grantors, their successors or assigns, or as a court
of competent jurisdiction may otherwise direct.
The Collateral Agent shall have absolute discretion as to the time of
application of any such proceeds, moneys or balances in accordance with this
Agreement. Upon any sale of the Collateral by the Collateral Agent (including
pursuant to a power of sale granted by statute or under a judicial proceeding),
the receipt of the Collateral Agent or of the officer making the sale shall be a
sufficient discharge to the purchaser or purchasers of the Collateral so sold
and such purchaser or purchasers shall not be obligated to see to the
application of any part of the purchase money paid over to the Collateral Agent
or such officer or be answerable in any way for the misapplication thereof.
SECTION 6.03. Grant of License to Use Intellectual Property. For the
purpose of enabling the Collateral Agent to exercise rights and remedies under
this Article at such time as the Collateral Agent shall be lawfully entitled to
exercise such rights and remedies, each Grantor hereby grants to the Collateral
Agent an irrevocable, non-exclusive license (exercisable without payment of
royalty or other compensation to the Grantors) to use, license or sub-license
any of the Collateral consisting of Intellectual Property now owned or hereafter
acquired by such Grantor, and wherever the same may be located, and including in
such license reasonable access to all media in which any of the licensed items
may be recorded or stored and to all computer software and programs used for the
compilation or
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printout thereof. The use of such license by the Collateral Agent may be
exercised, at the option of the Collateral Agent, upon the occurrence and during
the continuation of an Event of Default; provided that any license, sub-license
or other transaction entered into by the Collateral Agent in accordance herewith
shall be binding upon the Grantors notwithstanding any subsequent cure of an
Event of Default.
ARTICLE VII
Miscellaneous
SECTION 7.01. Notices. All communications and notices hereunder shall
(except as otherwise expressly permitted herein) be in writing and given as
provided in Section 9.01 of the Credit Agreement. All communications and notices
hereunder to any Guarantor shall be given to it in care of the Borrower.
SECTION 7.02. Security Interest Absolute. All rights of the Collateral
Agent hereunder, the Security Interest and all obligations of the Grantors
hereunder shall be absolute and unconditional irrespective of (a) any lack of
validity or enforceability of the Credit Agreement, any other Loan Document, any
agreement with respect to any of the Obligations or any other agreement or
instrument relating to any of the foregoing, (b) any change in the time, manner
or place of payment of, or in any other term of, all or any of the Obligations,
or any other amendment or waiver of or any consent to any departure from the
Credit Agreement, any other Loan Document or any other agreement or instrument,
(c) any exchange, release or non-perfection of any Lien on other collateral, or
any release or amendment or waiver of or consent under or departure from any
guarantee, securing or guaranteeing all or any of the Obligations, or (d) any
other circumstance that might otherwise constitute a defense available to, or a
discharge of, any Grantor in respect of the Obligations or this Agreement (other
than the indefeasible payment in full of all the Obligations and termination of
all commitments of the Lenders and the Issuing Banks).
SECTION 7.03. Survival of Agreement. All covenants, agreements,
representations and warranties made by any Grantor herein and in the
certificates or other instruments prepared or delivered in connection with or
pursuant to this Agreement shall be considered to have been relied upon by the
Secured Parties and shall survive the making by the Lenders of the Loans, and
the execution and delivery to the Lenders of any notes evidencing such Loans,
regardless of any investigation made by the Lenders or on their behalf, and
shall continue in full force and effect until this Agreement shall terminate.
SECTION 7.04. Binding Effect; Several Agreement. This Agreement shall
become effective as to any Grantor when a counterpart hereof executed on behalf
of such Grantor shall have been delivered to the Collateral Agent and a
counterpart hereof shall have been executed on behalf of the Collateral Agent,
and thereafter shall be binding upon such Grantor and the Collateral Agent and
their respective successors and assigns, and shall inure to the benefit of such
Grantor, the Collateral Agent and the other Secured Parties and their respective
successors and assigns, except that no Grantor shall have the right to assign or
transfer its rights or obligations hereunder or any interest herein or in the
Collateral (and any such assignment or transfer shall be void) except as
expressly contemplated by this Agreement or the Credit Agreement. This Agreement
shall be construed as a separate agreement with respect to each Grantor and may
be amended, modified, supplemented,
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waived or released with respect to any Grantor without the approval of any other
Grantor and without affecting the obligations of any other Grantor hereunder.
SECTION 7.05. Successors and Assigns. Whenever in this Agreement any of
the parties hereto is referred to, such reference shall be deemed to include the
successors and assigns of such party; and all covenants, promises and agreements
by or on behalf of any Grantor or the Collateral Agent that are contained in
this Agreement shall bind and inure to the benefit of their respective
successors and assigns.
SECTION 7.06. Collateral Agent's Fees and Expenses; Indemnification. (a)
Each Grantor jointly and severally agrees to pay upon demand to the Collateral
Agent the amount of any and all reasonable expenses, including the reasonable
fees, disbursements and other charges of its counsel and of any experts or
agents, which the Collateral Agent may incur in connection with (i) the
administration of this Agreement, (ii) the custody or preservation of, or the
sale of, collection from or other realization upon any of the Collateral, (iii)
the exercise, enforcement or protection of any of the rights of the Collateral
Agent hereunder or (iv) the failure of any Grantor to perform or observe any of
the provisions hereof.
(b) Without limitation of its indemnification obligations under the other
Loan Documents, each Grantor jointly and severally agrees to indemnify the
Collateral Agent and the other Indemnitees against, and hold each of them
harmless from, any and all losses, claims, damages, liabilities and related
expenses, including reasonable fees, disbursements and other charges of counsel,
incurred by or asserted against any of them arising out of, in any way connected
with, or as a result of, the execution, delivery or performance of this
Agreement or any claim, litigation, investigation or proceeding relating hereto
or to the Collateral, whether or not any Indemnitee is a party thereto; provided
that such indemnity shall not, as to any Indemnitee, be available to the extent
that such losses, claims, damages, liabilities or related expenses are
determined by a court of competent jurisdiction by final and nonappealable
judgment to have resulted from the gross negligence or willful misconduct of
such Indemnitee.
(c) Any such amounts payable as provided hereunder shall be additional
Obligations secured hereby and by the other Security Documents. The provisions
of this Section 7.06 shall remain operative and in full force and effect
regardless of the termination of this Agreement or any other Loan Document, the
consummation of the transactions contemplated hereby, the repayment of any of
the Loans, the invalidity or unenforceability of any term or provision of this
Agreement or any other Loan Document, or any investigation made by or on behalf
of the Collateral Agent or any Lender. All amounts due under this Section 7.06
shall be payable on written demand therefor.
SECTION 7.07. GOVERNING LAW. THIS AGREEMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT GIVING
EFFECT TO THE CONFLICT OF LAWS PRINCIPLES THEREOF.
SECTION 7.08. Waivers; Amendment. (a) No failure or delay of the
Collateral Agent in exercising any power or right hereunder shall operate as a
waiver thereof, nor shall any single or partial exercise of any such right or
power, or any abandonment or discontinuance of steps to enforce such a right or
power, preclude any other or further exercise thereof or the exercise of any
other right or power. The rights and remedies of the Collateral Agent hereunder
and of the Collateral Agent, the Issuing Banks, the
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Administrative Agent and the Lenders under the other Loan Documents are
cumulative and are not exclusive of any rights or remedies that they would
otherwise have. No waiver of any provisions of this Agreement or any other Loan
Document or consent to any departure by any Grantor therefrom shall in any event
be effective unless the same shall be permitted by paragraph (b) below, and then
such waiver or consent shall be effective only in the specific instance and for
the purpose for which given. No notice to or demand on any Grantor in any case
shall entitle such Grantor or any other Grantor to any other or further notice
or demand in similar or other circumstances.
(b) Neither this Agreement nor any provision hereof may be waived,
amended or modified except pursuant to an agreement or agreements in writing
entered into by the Collateral Agent and Grantor with respect to which such
waiver, amendment or modification is to apply, subject to any consent required
in accordance with Section 9.08 of the Credit Agreement.
SECTION 7.09. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO
THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL
BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF,
UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS.
EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD
NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B)
ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER
INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 7.09.
SECTION 7.10. Severability. In the event any one or more of the
provisions contained in this Agreement should be held invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the
remaining provisions contained herein shall not in any way be affected or
impaired thereby (it being understood that the invalidity of a particular
provision in a particular jurisdiction shall not in and of itself affect the
validity of such provision in any other jurisdiction). The parties shall
endeavor in good-faith negotiations to replace the invalid, illegal or
unenforceable provisions with valid provisions the economic effect of which
comes as close as possible to that of the invalid, illegal or unenforceable
provisions.
SECTION 7.11 Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall constitute an original but all of which when
taken together shall constitute but one contract (subject to Section 7.04), and
shall become effective as provided in Section 7.04. Delivery of an executed
signature page to this Agreement by facsimile transmission shall be effective as
delivery of a manually executed counterpart hereof.
SECTION 7.12. Headings. Article and Section headings used herein are for
the purpose of reference only, are not part of this Agreement and are not to
affect the construction of, or to be taken into consideration in interpreting,
this Agreement.
20
20
SECTION 7.13. Jurisdiction; Consent to Service of Process. (a) Each
Grantor hereby irrevocably and unconditionally submits, for itself and its
property, to the nonexclusive jurisdiction of any New York State court or
Federal court of the United States of America sitting in New York City, and any
appellate court from any thereof, in any action or proceeding arising out of or
relating to this Agreement or the other Loan Documents, or for recognition or
enforcement of any judgment, and each of the parties hereto hereby irrevocably
and unconditionally agrees that all claims in respect of any such action or
proceeding may be heard and determined in such New York State or, to the extent
permitted by law, in such Federal court. Each of the parties hereto agrees that
a final non-appealable judgment in any such action or proceeding shall be
conclusive and may be enforced in other jurisdictions by suit on the judgment or
in any other manner provided by law. Nothing in this Agreement shall affect any
right that the Collateral Agent, the Administrative Agent, the Issuing Banks or
any Lender may otherwise have to bring any action or proceeding relating to this
Agreement or the other Loan Documents against any Grantor or its properties in
the courts of any jurisdiction.
(b) Each Grantor hereby irrevocably and unconditionally waives, to the
fullest extent it may legally and effectively do so, any objection which it may
now or hereafter have to the laying of venue of any suit, action or proceeding
arising out of or relating to this Agreement or the other Loan Documents in any
New York State or Federal court. Each of the parties hereto hereby irrevocably
waives, to the fullest extent permitted by law, the defense of an inconvenient
forum to the maintenance of such action or proceeding in any such court.
(c) Each party to this Agreement irrevocably consents to service of
process in the manner provided for notices in Section 7.01. Nothing in this
Agreement will affected the right of any party to this Agreement to serve
process in any other manner permitted by law.
SECTION 7.14. Termination. This Agreement and the Security Interest shall
terminate when all the Obligations (other than wholly contingent indemnification
obligations) then due and owing have been indefeasibly paid in full, the Lenders
have no further commitment to lend, the L/C Exposure has been reduced to zero
and the Issuing Banks have no further commitment to issue Letters of Credit
under the Credit Agreement, at which time the Collateral Agent shall execute and
deliver to the Grantors, at the Grantors' expense, all Uniform Commercial Code
termination statements and similar documents which the Grantors shall reasonably
request to evidence such termination. Any execution and delivery of termination
statements or documents pursuant to this Section 7.14 shall be without recourse
to or warranty by the Collateral Agent. A Grantor shall automatically be
released from its obligations hereunder and the Security Interest in the
Collateral of such Grantor shall be automatically released without further
action in the event that all of the Equity Interests of such Grantor shall be
sold, transferred or otherwise disposed of to a person that is not an Affiliate
of the Borrower in accordance with the terms of the Credit Agreement; provided
that the Required Lenders shall have consented to such sale, transfer or other
disposition (to the extent required by the Credit Agreement) and the terms of
such consent did not provide otherwise.
(b) Upon any sale or other transfer by any Grantor of any Collateral that
is permitted under the Credit Agreement to any person that is not a Grantor, or,
upon the effectiveness of any written consent to the release of the security
granted hereby in any Collateral pursuant to Section 9.08(b) of the Credit
Agreement, the security interest in such Collateral shall be automatically
released.
21
21
SECTION 7.15. Additional Grantors. Upon execution and delivery by the
Collateral Agent and a Domestic Subsidiary of an instrument in the form of Annex
2 hereto, such Domestic Subsidiary shall become a Grantor hereunder with the
same force and effect as if originally named as a Grantor herein. The execution
and delivery of any such instrument shall not require the consent of any Grantor
hereunder. The rights and obligations of each Grantor hereunder shall remain in
full force and effect notwithstanding the addition of any new Grantor as a party
to this Agreement.
IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement
as of the day and year first above written.
FLOWSERVE CORPORATION,
by: /s/ JOHN M. NANOS
--------------------------------
Name: John M. Nanos
Title: Assistant Secretary
FLOWSERVE RED CORPORATION,
by: /s/ JOHN M. NANOS
--------------------------------
Name: John M. Nanos
Title: Vice President
FLOWSERVE FSD CORPORATION,
by: /s/ JOHN M. NANOS
--------------------------------
Name: John M. Nanos
Title: Vice President
FLOWSERVE FCD CORPORATION,
by: /s/ JOHN M. NANOS
--------------------------------
Name: John M. Nanos
Title: Vice President
FLOWSERVE INTERNATIONAL, INC.,
by: /s/ JOHN M. NANOS
--------------------------------
Name: John M. Nanos
Title: Vice President
22
22
FLOWSERVE MANAGEMENT
COMPANY,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
BW/IP-NEW MEXICO, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
FLOWSERVE INTERNATIONAL, LLC,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
DURAMETALLIC AUSTRALIA
HOLDING COMPANY,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
INNOVATIVE VALVE TECHNOLOGIES,
INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
PLANT MAINTENANCE, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
23
23
VARCO VALVE, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
COLONIAL EQUIPMENT & SERVICE
CO., INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
24
24
CECORP, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
DIVT ACQUISITION-DELAWARE, LLC,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
DIVT SUBSIDIARY, LLC,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
SOUTHERN VALVE SERVICE, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
L.T. KOPPL INDUSTRIES, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
KOPPL COMPANY,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
25
25
KOPPL INDUSTRIAL SYSTEMS, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
HARLEY INDUSTRIES, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
KOPPL COMPANY OF ARIZONA,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
SEELEY & JONES, INCORPORATED,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
GSV, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
IPSCO-FLORIDA, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
26
26
INTERNATIONAL PIPING SERVICES
COMPANY,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
CYPRESS INDUSTRIES, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
DALCO, LLC,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
PLANT SPECIALTIES, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
ENERGY MAINTENANCE, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
27
27
PREVENTIVE MAINTENANCE, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
PRODUCTION MACHINE
INCORPORATED,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
ICE LIQUIDATING, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
VALVE REPAIR OF SOUTH
CAROLINA, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
THE SAFE SEAL COMPANY., INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
FLICKINGER-BENICIA INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
28
28
PUGET INVESTMENTS, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
STEAM SUPPLY & RUBBER CO., INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
FLICKINGER COMPANY,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
BOYDEN INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
VALVE ACTUATION & REPAIR CO.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
INGERSOLL-DRESSER PUMP
COMPANY,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
29
29
IDP ALTERNATE ENERGY COMPANY,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
ENERGY HYDRO, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
PUMP INVESTMENTS, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
FLOWSERVE HOLDINGS, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
IPSCO HOLDING, INC.,
by: /s/ JOHN M. NANOS
---------------------------------
Name: John M. Nanos
Title: Vice President
BANK OF AMERICA, N.A., as Collateral
Agent,
by: /s/ THERESE FONTAINE
---------------------------------
Name: Therese Fontaine
Title: Managing Director
30
SCHEDULE I TO THE
SECURITY AGREEMENT
GUARANTORS
A. FLOWSERVE
SUBSIDIARY JURISDICTION OF INCORPORATION
---------- -----------------------------
Flowserve RED Corporation Delaware
Flowserve FSD Corporation
Flowserve FCD Corporation
Flowserve International, Inc.
Flowserve Management Company
(DE Business Trust)
BW/IP-New Mexico, Inc.
Flowserve International, LLC
Flowserve Holdings, Inc.
Durametallic Australia Holding Company Michigan
B. INVATEC
SUBSIDIARY JURISDICTION OF INCORPORATION
---------- -----------------------------
Innovative Valve Technologies, Inc. Delaware
Plant Maintenance, Inc.
Varco Valve, Inc.
Colonial Equipment & Service Co., Inc.
CECORP, Inc.
DIVT Acquisition-Delaware, LLC
DIVT Subsidiary, LLC
IPSCO Holding, Inc.
Southern Valve Service, Inc. Alabama
L.T. Koppl Industries, Inc. California
Koppl Company
Koppl Industrial Systems, Inc.
Harley Industries, Inc.
Koppl Company of Arizona Arizona
Seeley & Jones, Incorporated Connecticut
GSV, Inc. Florida
IPSCO-Florida, Inc.
International Piping Services Company Illinois
Cypress Industries, Inc.
31
SUBSIDIARY JURISDICTION OF INCORPORATION
---------- -----------------------------
DALCO, LLC Kentucky
Plant Specialties, Inc. Louisiana
Energy Maintenance, Inc. Missouri
Preventive Maintenance, Inc. North Carolina
Production Machine Incorporated Oklahoma
ICE Liquidating, Inc. Pennsylvania
Valve Repair of South Carolina, Inc. South Carolina
The Safe Seal Company, Inc. Texas
Flickinger-Benicia Inc. Washington
Puget Investments, Inc.
Steam Supply & Rubber Co., Inc.
Flickinger Company
Boyden Inc. West Virginia
Valve Actuation & Repair Co.
C. IDP
SUBSIDIARY JURISDICTION OF INCORPORATION
---------- -----------------------------
Ingersoll-Dresser Pump Company Delaware
(DE Partnership)
IDP Alternate Energy Company
Energy Hydro, Inc.
Pump Investments, Inc.
32
SCHEDULE II TO THE
SECURITY AGREEMENT
COPYRIGHTS
A. FLOWSERVE
1. U.S. COPYRIGHT REGISTRATIONS
NONE
2. PENDING U.S. COPYRIGHT APPLICATIONS FOR REGISTRATION
NONE
3. NON-U.S. COPYRIGHT REGISTRATIONS
NONE
4 NON-U.S. PENDING COPYRIGHT APPLICATIONS FOR REGISTRATIONS
NONE
33
B. INVATEC
1. U.S. COPYRIGHT REGISTRATIONS
NONE
2. PENDING U.S. COPYRIGHT APPLICATIONS FOR REGISTRATION
NONE
3. NON-U.S. COPYRIGHT REGISTRATIONS
NONE
4 NON-U.S. PENDING COPYRIGHT APPLICATIONS FOR REGISTRATIONS
NONE
34
C. IDP
1. U.S. COPYRIGHT REGISTRATIONS
(All Ingersoll-Dresser Pump Company Intellectual Property to be assigned
to Flowserve Management Company immediately after Closing).
REGISTRATION REGISTRATION
GUARANTOR TITLE NUMBER DATE
--------- ----- ------------ ------------
Ingersoll Dresser Pump Company CAMERON HYDRAULIC DATA BOOK
IDP Alternate Energy Company NONE
Energy Hydro, Inc. NONE
Pump Investments, Inc. NONE
2. PENDING U.S. COPYRIGHT APPLICATIONS FOR REGISTRATION
NONE
3. NON-U.S. COPYRIGHT REGISTRATIONS
NONE
4 NON-U.S. PENDING COPYRIGHT APPLICATIONS FOR REGISTRATIONS
NONE
35
SCHEDULE V TO THE
SECURITY AGREEMENT
TRADEMARKS
A. FLOWSERVE TRADEMARKS
1. U.S. TRADEMARK REGISTRATIONS
REGISTRATION REGISTRATION
GRANTOR TRADEMARK NUMBER DATE
------- --------- ------------ ------------
Flowserve FCD Corporation ACCORD (STYLIZED) 1597174 5/22/2000
Flowserve FCD Corporation AUTOMAX INC & DESIGN 1517015 12/20/2008
Flowserve FCD Corporation CENTURA 1721600 10/6/2002
Flowserve FCD Corporation CHANNELSTREAM 1393912 5/20/2006
Flowserve FCD Corporation PHAROS 1652259 7/30/2001
Flowserve FCD Corporation PHAZER 1828775 3/2/2004
Flowserve FCD Corporation ULTRASWITCH 1647324
Flowserve FCD Corporation KAMMER (STYLIZED) 1850586 8/23/2004
Flowserve FCD Corporation VALDISK 1,135,629
Flowserve FCD Corporation VALTEK INC. (w/design) 895,854
Flowserve FCD Corporation VALTEK MAXFLO 2142246 3/10/2008
Anchor Darling ADAC 1170933 9/29/2001
[Assigned to Flowserve Management
Company]
Flowserve Management Company BIG MAX 1149600 3/31/2001
Flowserve Management Company BW SEALS 1728892 11/3/2002
Flowserve Management Company BW/IP (STYLIZED) 1548874 7/25/2009
Flowserve Management Company BYRON JACKSON 378463 6/11/2000
Flowserve Management Company DURCO 295561 7/5/2002
432949 9/28/2007
417872 11/20/2005
418706 1/8/2006
Flowserve Management Company DURCO-CAST 0774446 8/4/2004
Flowserve Management Company DURCO-D 743252 1/8/2003
743264 1/8/2003
743322 1/8/2003
761525 12/17/2003
761311 12/10/2003
761329 12/10/2003
761338 12/10/2003
761630 12/17/2003
Flowserve Management Company DURCOMETER 1245145 --
Flowserve Management Company DURCON 772193 6/30/2004
611024 8/23/2005
Flowserve Management Company DURCOPUMP 395550 6/2/2002
Flowserve Management Company FIVE STAR SEAL & DESIGN 1291851 8/28/2004
Flowserve Management Company LIFESHIELD 1857472 10/11/2004
Flowserve Management Company GASPAC 1941730 12/12/2005
Flowserve Management Company PAC-SEAL 2073563
36
REGISTRATION REGISTRATION
GRANTOR TRADEMARK NUMBER DATE
------- --------- ------------ ------------
Flowserve Management Company SLEEVELINE 697997 5/24/2000
Flowserve Management Company T-LINE 912253 6/8/2001
892839 6/16/2000
Flowserve Management Company UNITED CENTRIFUGAL 1644974 5/21/2001
Flowserve Management Company WILSON-SNYDER 551064 11/20/2001
Flowserve Management Company UPC 213477803 2/3/2008
Innovative Valve Technologies PWR.SEAL TECHNOLOGY 2283194 10/5/2009
[Assigned to Flowserve Management
Company]
Innovative Valve Technologies INNOVATIVE VALVE TECHNOLOGIES, 2304575 12/28/2009
[Assigned to Flowserve Management INC.
Company]
Innovative Valve Technologies INVATEC 2304574 12/28/2009
[Assigned to Flowserve Management
Company]
Flowserve International, Inc. BYRON JACKSON/UNITED 2,034,059
Flowserve International, Inc. FIVE STAR SEAL DESIGN (DOUBLE) 1624849 11/27/2000
Flowserve International, Inc. FIVE STAR SEAL DESIGN (SINGLE) 1674796 2/11/2002
Flowserve FSD Corporation DMC 0979,376
Flowserve FSD Corporation DURAFITE 0902,609
Flowserve FSD Corporation DURAFLON 0 861,684
Flowserve FSD Corporation DURA HOOKS 0347,926
Flowserve FSD Corporation DURA LAPPER 0789,961
Flowserve FSD Corporation DURAMETALLIC 183,441
1,283,049
Flowserve FSD Corporation DURA SEAL 0319,472
1,022,668
Flowserve FSD Corporation METAL FAB 1,388,031
Flowserve Corporation DURIRON 0591017 6/15/2004
0606594 5/31/2005
0603774 3/29/2005
0096259 4/14/2004
Flowserve Corporation MAGNALERT 1,808,367
Flowserve Corporaiton QUADRA PRESS 1,127,811
Flowserve Corporation FLOWSERVE 2333567 3/21/2010
2286139 10/12/2009
2261469 7/13/2009
2261470 7/13/2009
2333568 3/21/2010
Flowserve Corporation GUARDIAN 1746297 1/12/2003
The Safe Seal Company, Inc. SAFE SEAL 2194856 10/13/2008
Flowserve RED Corporation NONE
BW/IP - New Mexico, Inc. NONE
Flowserve International, LLC NONE
Durametallic Australia Holding NONE
Company
2
37
A. FLOWSERVE TRADEMARKS
2. U.S. TRADEMARK APPLICATIONS
APPLICATION FILING
GRANTOR TRADEMARK NUMBER DATE
------- --------- ----------- ------
Flowserve FCD Corporation VALTEK Pending --
Pending
Flowserve Management Company NONE
Flowserve International, Inc. NONE
Flowserve FSD Corporation NONE
Flowserve Corporation FLOWSERVE 75-312447
Flowserve RED Corporation NONE
BW/IP - New Mexico, Inc. NONE
Flowserve International, LLC NONE
Durametallic Australia Holding Company NONE
3
38
A. FLOWSERVE TRADEMARKS
3. NON-U.S. TRADEMARK REGISTRATIONS
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Anchor Darling [Assigned to ANCHOR DARLING France 1559256 12/20/1979
Flowserve Management Company]
Anchor Darling [Assigned to ANCHOR / DARLING UK B1125895 12/19/1979
Flowserve Management Company] Germany 1010076 12/22/1979
Israel 49248 12/26/1979
Italy 381394 1/10/1980
South Korea 71163 7/31/1980
Taiwan 134160 6/1/1990
Anchor Darling [Assigned to ANCHOR / DARLING Benelux 363296 12/18/1979
Flowserve Management Company] (DEVICE)
Flowserve Management Company BW SEALS Australia 611424 9/14/1993
Benelux 470167 10/25/1989
Canada 443166 5/26/1995
Colombia 179838 7/12/1993
Denmark 00161/1992 1/17/1992
France 1718690 7/28/1989
Iran 71748 12/12/1993
Italy 575671 10/1/1992
Mexico 386883 6/1/1990
Philippines 58015 5/12/1994
Saudi Arabia 255/91 9/23/1990
Singapore B4733/92 6/24/1992
Spain 1516478 11/5/1991
Taiwan 733726 10/31/1996
UK 1403594 5/11/1989
Flowserve Management Company BW SEALS LOGO Argentina 1600234 5/17/1996
Flowserve Management Company BW/IP Venezuela 153127 2/16/1994
Venezuela 153128 2/16/1994
Flowserve Management Company BW/IP (DESIGN) Venezuela 153126 2/16/1994
Flowserve Management Company BW/IP (DEVICE) Spain 1307428 6/5/1990
4
39
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve Management Company BW/IP (STYLIZED) Thailand 46469 7/2/1996
Argentina 1332325 2/15/1989
Benelux 483051 2/22/1989
Canada TMA404402 11/6/1992
France 1533629 5/30/1989
Germany 1182902 12/17/1991
Indonesia 280410 10/2/1992
Italy 575749 10/1/1992
Japan 2448338 8/31/1992
Saudi Arabia 222/46 7/29/1990
Singapore B4732/92 6/24/1992
Switzerland 370960 2/23/1989
Philippines 55437 6/21/1993
UK 1403598 10/27/1989
Saudi Arabia 222/47 7/29/1990
Thailand 44725 8/2/1995
Iran 69211 10/17/1992
Flowserve Management Company BW/IP Design Venezuela 153125 2/16/1994
Flowserve Management Company BW/IP DESIGN Mexico 381137 8/16/1990
Mexico 381138 8/16/1990
5
40
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve Management Company BYRON JACKSON Argentina 1592107 1933
Australia B273316 10/23/1970
Australia B243395 10/23/1970
Australia B243398 1970
Austria 56302 12/17/1965
Benelux 103007 12/24/1971
Bolivia 32922 2/4/1977
Brazil 811047318 1/8/1985
Bulgaria 9174 10/30/1973
Canada 2/997 2/2/1933
Chile 417153 11/28/1933
China 161183 8/15/1982
Costa Rica 64298 1/17/1985
Czech Republic 162135 1974
Czech Republic 162136 3/13/1974
Denmark 1137 4/30/1966
France 1336929 1/3/1986
Germany 823449 8/29/1966
UK 2006989 1/6/1995
Greece 33890 8/5/1965
Hungary 116847 11/20/1973
Indonesia 403517 11/6/1997
Iran 56125 2/23/1983
Italy 568658 1992
Italy 714612 6/18/1997
Japan 718894 9/6/1966
Japan 490789 10/31/1956
South Korea 10159 8/12/1965
Kuwait 14439 3/26/1993
Malaysia M/B73923 1/6/1977
Malaysia M/B73924 1/6/1977
Mexico 45819 4/15/1943
Panama 032840 10/14/1983
Paraguay 193760 7/1/1976
Peru 18972 11/22/1963
Philippines 35460 3/5/1986
Poland 52491 10/29/1974
Qatar 3471 4/19/1983
Saudi Arabia 113/31 3/25/1985
Slovak Republic 162135 3/13/1974
South Africa B65/4411 11/1/1965
Spain 482836 9/5/1967
Spain 482838 1/24/1967
Spain 482837 5/7/1969
Switzerland 340713 7/21/1965
Taiwan 90605 7/1/1977
Taiwan 400009 1988
Thailand 55986 1/14/1977
Russian Fed. 50609 9/25/1973
Uruguay 291852 2/26/1977
Venezuela 21242 8/13/1949
Algeria 40160 5/24/1978
6
41
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Cuba 96258 4/8/1958
Equador 3162-9 7/12/1983
Romania 1725 8/21/1933
Turkey 110427 12/2/1968
East Germany 640369 8/21/1974
Flowserve Management Company BYRON JACKSON Taiwan 00880863 1/31/2000
Flowserve Management Company BYRON JACKSON Mexico 45824 4/15/1943
Slovak Republic 162136 3/13/1974
Flowserve Management Company BYRON JACKSON (in Japan 2076780 9/30/1988
katakana)
Flowserve Management Company CHEMSTAR France 1519103 3/14/1989
Germany 1182630 11/29/1991
UK 1372876 2/14/1989
Flowserve Management Company CHLORIMET France RN 1492413 1968
Italy RN 0550867 1968
7
42
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve Management Company DURAMETALLIC Argentina RN 621597 1969
Argentina RN 1373154 1990
Australia RN A208222 1974
Bahrain RN 9654 1985
Benelux RN 033985 1971
Brazil RN 1232/0602.251 1974
Canada RN 241/52108 1931
Canada RN 334048 1987
Chile RN 446515 1995
Columbia RN 173759 1995
Czechoslovakia RN 176969 1992
Ecuador RN 4752 1995
France RN 958262 1976
Germany RN 750438 1958
Germany RN 869521 1969
Great Britain RN 906510 1967
Hungary RN 136020 1992
India RN 241039 1967
Indonesia RN 116961 1977
Iran RN 33231 1969
Israel RN 36261 1972
Italy RN 218996 1967
Japan RN 513658 1958
Kuwait RN 6808 1974
Malaysia RN M/093116 1981
Mexico RN 39918 1939
Mexico RN 156614 1969
New Zealand RN 131582 1980
Nigeria RN 23849 1973
Paraguay RN 185241 1996
Peru RN 13454 1995
Philippines RN 22830 1976
Poland RN 82720 1992
Saudi Arabia RN 94/22 1980
Singapore RN 61098 1974
Slovakia RN 173000 1992
South Africa RN 66/5169 1966
South Africa RN 67/1391 1967
South Korea RN 129459 1986
Spain RN 603129 1972
Sweden RN 120581 1967
Taiwan RN 328389 1986
Thailand RN 86654 1981
Turkey RN 46211 1972
Uruguay RN 272.756 1996
Venezuela RN 11934 1958
Venezuela RN 22.662-D 1987
8
43
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve Management Company DURA SEAL Argentina RN 527070 1964
Australia RN A166362 1961
Bahrain RN 9655 1985
Benelux RN 033986 1971
Brazil RN 384364 1968
Canada RN 9678 1937
China RN 780617 1995
Czec. Republic RN 178691 1992
Ecuador RN 4759 1995
France RN 47714 1939
Germany RN 909544 1966
Great Britian RN 609037 1940
Hungary RN 136019 1992
India RN 210230 1962
Indonesia RN 120468 1977
Iran RN 38061 1972
Israel RN 36260 1972
Italy RN 218995 1967
Japan RN 557204 1960
Kuwait RN 6807 1974
Mexico RN 39919 1939
New Zealand RN B131581 1980
Nigeria RN 27231 1973
Paraguay RN 181.028 1995
Peru RN 13453 1995
Phillipines RN 23124 1976
Poland RN 82721 1992
Saudi Arabia RN 92/23 1980
Singapore RN 61099 1974
Slovakia RN 175122 1992
South Africa RN 63/0686 1963
South Korea RN 129458 1986
Taiwan RN 328388 1986
Thailand RN 77295 1981
Turkey RN 46426 1972
Venezuela RN 11933 1939
Flowserve Management Company DURCO China 358021 8/20/1989
France 1483334 9/9/1968
India 418546 3/5/1984
India 418547 3/5/1984
Italy 547399 9/9/1968
Mexico 90568 8/13/1957
Mexico 90569 10/19/1957
Taiwan 278199 5/16/1985
South Korea 104174 8/10/1984
UK 782884 10/16/1958
Flowserve Management Company DURCO (IN CHINESE) China 358019 8/20/1989
Flowserve Management Company DURCO-CAST Canada 136531 7/10/1964
9
44
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve Management Company DURCO-D Argentina 1615654 9/16/1996
Argentina 156695 1/2/1996
Argentina 113245/8 10/28/1963
Australia A172743 3/22/1962
Australia A172744 3/22/1962
Benelux 40702 5/28/1971
Brazil 750152842 2/16/1982
Brazil 004067282 9/2/1970
Brazil 3693198 3/11/1978
Canada 128754 11/6/1962
Chile 330102 4/28/1988
France 1389966 1/19/1987
Germany 783072 3/7/1963
India 215280 5/1/1963
International Reg 368605 3/25/1970
Italy 413319 3/6/1962
Mexico 110692 3/20/1962
Mexico 110691 3/20/1962
Peru 10765 3/16/1972
Peru 10548 3/16/1972
Peru 10766 3/16/1972
South Africa 62/0682 3/5/1962
South Korea 165048 12/21/1988
Venezuela 44835 4/8/1963
Venezuela 44836 4/8/1963
Venezuela 44837 4/8/1963
Venezuela 64187 3/26/1971
UK 833681 4/25/1962
UK 846573 3/18/1963
UK 850693 6/21/1963
UK 950481 11/3/1969
UK 833682 4/25/1962
UK 833683 4/25/1962
UK 846574 3/18/1963
Flowserve Management Company DURCO-D (IN CHINESE) China 258472 8/10/1986
China 259910 3/20/1996
Flowserve Management Company DURCOMETER Canada TMA288833 1984
Flowserve Management Company DURCON Canada 103755 7/6/1956
UK 744126 7/6/1955
Flowserve Management Company DURCOPUMP Canada UCA15306 7/18/1941
UK 782885 10/16/1958
10
45
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve Management Company DURICHLOR UK 943818 6/9/1969
UK 943819 6/9/1969
International Reg 368601 3/25/1970
Argentina 1315522 1988
Argentina 1315523 1988
Argentina 1315526 1988
Argentina 1315525 1988
Argentina 1315521 1988
France 1483333 1968
Italy 547398 1968
Flowserve Management Company DURIMET Benelux 33460 5/19/1971
South Korea 107674 11/29/1984
France 1483452 1968
Italy 0550084 1968
Flowserve Management Company DURIRON Argentina 1315519 10/27/1988
Argentina 1315520 10/27/1988
Argentina 1315518 10/27/1988
Benelux 33452 5/19/1971
Brazil 002468808 2/3/1981
Brazil 006075851 4/25/1985
Canada TMDA29960 12/1/1921
Chile 326316 4/25/1957
Chile 357611 4/17/1970
France 1423120 6/18/1952
India 418545 3/5/1984
International Reg 368604 3/25/1970
Italy 339499 12/21/1956
Mexico 20277 12/14/1921
South Africa 84/6546 7/24/1984
South Africa 84/6547 7/24/1984
South Korea 107833 12/6/1984
Spain 91228 9/22/1932
Spain 86177 7/7/1931
Spain 91227 2/14/1933
Taiwan 268088 12/16/1984
UK 421025 11/29/1921
Flowserve Management Company DURIRON (IN CHINESE) China 258471 8/10/1986
China 259911 8/20/1986
China 358018 8/20/1989
Flowserve Management Company ENZINGER Canada RN 107692 1957
Flowserve Management Company FIVE STAR SEAL Canada TMA373450 9/14/1990
Flowserve Management Company FIVE STAR SEAL DESIGN Canada TMA370794 7/13/1990
(DOUBLE)
Flowserve Management Company FIVE STAR SEAL DESIGN Canada TMA371345 7/27/1990
(SINGLE)
Flowserve Management Company GASPAC Germany 396344321 10/15/1996
11
46
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve Management Company GASPAC Canada 467701 12/16/1996
UK 2018793 4/26/1995
Malaysia 95/13380 12/8/1995
Singapore 11912/95
Flowserve Management Company HELITORK Canada RN282225 1983
Italy RN 413372 1986
Flowserve Management Company LIFECHAMBER Canada RN TMA385799 1991
Canada RN TMA398208 1992
Flowserve Management Company LIFESHIELD Canada TMA425667 1994
Canada TMA425661 1994
Flowserve Management Company PETCH Indonesia RN 268397 1991
Flowserve Management Company SLEEVELINE Benelux RN 33459 1971
Canada RN 171469 1970
France RN 1483454 1968
Italy RN 0550082 1968
Flowserve Management Company T-LINE Canada RN 173563 1970
France RN 1483455 1978
Italy RN 0550083 1968
Flowserve Management Company UNITED Australia RN A158675 1960
Benelux RN 490849 1991
France RN 1636285 1991
Iran RN 73859 1994
Italy RN 611343 1993
Mexico RN 539198 1996
Thailand RN TM42107 1995
Flowserve Management Company UNITED CENTRIFUGAL Argentina 1507406 2/28/1994
Flowserve Management Company UNITED CENTRIFUGAL Mexico 539199 11/6/1991
Flowserve Management Company UNITED PUMPS Canada TMA409344 3/12/1993
Flowserve Management Company WILSON-SNYDER Mexico 514129 11/16/1995
India 270853B 8/13/1973
Flowserve Management Company WILSON-SNYDER China 244200 2/27/1996
Flowserve Management Company UPC Canada TMA452634 12/29/1995
12
47
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve Corporation VALTEK UK 1063895 6/4/1976
UK 1063896 6/4/1976
UK 1063897 6/4/1976
Australia 600966 11/25/1996
Brazil 817548130 2/25/1998
China 1177794 5/21/1998
Denmark 2020/74 6/28/1974
France 93477871 7/26/1993
Germany 20262319 4/15/1994
Italy 694721 7/2/1977
Japan 1407928 2/29/1980
Norway 89814 12/14/1973
Sweden 146507 3/22/1974
Flowserve Corporation VALTEK UK 1063894 6/4/1976
Flowserve Corporation DURCO-D Argentina 1615655 9/16/1996
Flowserve Corporation FLOWSERVE Argentina 1.721.932 2/16/1999
Argentina 1.721.931 2/16/1999
Australia 750973 7/3/1998
Canada 520991 1/4/2000
Chile 519.695 8/19/1998
Chile 519.696 8/19/1998
China 1279596 5/28/1999
China 1293761 7/14/1999
Czech Republic 217863 5/27/1999
European Com. 707901 12/16/1999
Hungary 156813 6/21/1999
Indonesia 432025 2/10/1998
Indonesia 432026 2/10/1998
Mexico 579538 6/29/1998
New Zealand 286127 6/20/1997
New Zealand 286128 6/17/1998
Norway 195411 1/21/1999
Peru 46832 6/24/1998
Peru 46833 6/24/1998
Singapore T97/15408H 6/20/1997
Slovenia Z9870142 10/5/1998
South Korea 443203 3/4/1999
South Korea 40-448007 5/18/1999
Switzerland 456623 10/12/1998
Flowserve FCD Corporation AUTOMAX Benelux 542479 9/1/1994
Germany 2101813 11/21/1996
UK 1555542 12/3/1993
UK 1555501 12/3/1993
Saudi Arabia 316/55 8/8/1994
Saudi Arabia 316/56 8/8/1994
Singapore S/9706/93 12/8/1993
Flowserve FCD Corporation AUTOMAX (STYLIZED) Australia 617760 12/3/1993
Australia 617761 12/3/1993
Italy 00678836 5/17/1996
13
48
REGISTRATION REGISTRATION
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ------- --------- ------- ------------ ------------
Flowserve FCD Corporation AUTOMAX INC & DESIGN France 93/495315 12/6/1993
South Korea 316236 6/26/1995
South Korea 307062 1/25/1995
South Africa 93/11482 12/3/1993
South Africa 93/11483 12/3/1993
Spain 1793584 12/9/1993
Spain 1793585 12/9/1993
Flowserve FCD Corporation KAMMER Australia A600968 9/19/1994
Brazil 817553762 12/19/1995
France 93477872 7/26/1993
Germany 2062764 4/20/1994
UK 1527113 2/25/1993
Flowserve FSD Corporation DURA Italy RN 175446 1961
Flowserve FSD Corporation DURAFITE Canada RN 179128 1971
Germany RN 893562 1970
Flowserve FSD Corporation DURAFLON Argentina RN 1073602 1984
Flowserve FSD Corporation DURA HOOKS Canada RN 9928 1937
Flowserve FSD Corporation DURA LAPPER Canada RN 141841 1965
Flowserve Corporation QUADRA PRESS Canada RN 254349 1981
Flowserve RED Corporation NONE
Flowserve FSD Corporation NONE
Flowserve International, Inc. NONE
BW/IP - New Mexico, Inc. NONE
Flowserve International, LLC NONE
Durametallic Australia Holding NONE
Company
Flowserve Finance B.V. NONE
Flowserve International
Limited NONE
14
49
A. FLOWSERVE TRADEMARKS
4. NON-U.S. TRADEMARK APPLICATIONS
GRANTOR TRADEMARK COUNTRY APPLICATION NUMBER FILING DATE
- ---------------------------- ------------------ --------------- ------------------ -----------
Flowserve Management Company BW SEALS Malaysia Pending --
Flowserve Management Company BW SEALS Venezuela 666190 8/6/1999
Flowserve Management Company BW/IP DESIGN Malaysia Pending --
Malaysia Pending --
Flowserve Corporation VALTEK India Pending --
Flowserve Corporation FLOWSERVE & DESIGN Brazil Published --
Brazil Published --
Flowserve Corporation FLOWSERVE Brazil Published --
Brazil Published --
Croatia Pending --
India Pending --
India Pending --
Japan Published --
Malaysia Pending --
Malaysia Pending --
Mexico Pending --
Morocco Pending --
Saudi Arabia Pending --
Saudi Arabia Pending --
Singapore Published --
Slovak Republic Pending --
Slovak Republic Pending --
South Africa Pending --
South Africa Pending --
Venezuela Published --
Venezuela Published --
Russian Fed Pending --
Flowserve FCD Corporation AUTOMAX India Pending --
India Pending --
Singapore Pending --
Flowserve RED Corporation NONE
Flowserve FSD Corporation NONE
Flowserve International, Inc. NONE
BW/IP - New Mexico, Inc. NONE
Flowserve International, LLC NONE
Durametallic Australia Holding Company NONE
Flowserve Finance B.V. NONE
Flowserve International Limited NONE
15
50
B. INVATEC TRADEMARKS
1. U.S. TRADEMARK REGISTRATIONS
GRANTOR TRADEMARK REGISTRATION NUMBER REGISTRATION DATE
- ------------------------------------- --------------------- ------------------- -----------------
Innovative Valve Technologies, Inc. INNOVATIVE VALVE 2304575 12/28/99
TECHNOLOGIES, INC.
Innovative Valve Technologies, Inc. INVATEC 2304574 12/28/99
Innovative Valve Technologies, Inc. PWR. SEAL TECHNOLOGY 2,283,194 10/15/99
The Safe Seal Company, Inc. SAFE SEAL & design 2,194,856 10/13/98
IPSCO Holding, Inc. IPSCO 0753197 7/23/63
Plant Maintenance NONE
Varco Valve, Inc. NONE
Colonial Equipment & Service Co., Inc. NONE
CECORP, Inc. NONE
DIVT Acquisition-Delaware, LLC NONE
DIVT Subsidiary, LLC NONE
Southern Valve Service NONE
L.T. Koppl Industries NONE
Koppl Company NONE
Koppl Industrial Systems, Inc. NONE
Harley Industries, Inc. NONE
Koppl Company of Arizona NONE
Seeley & Jones, Incorporated NONE
GSV, Inc. NONE
IPSCO-Florida, Inc. NONE
International Piping Services Company NONE
Cypress Industries, Inc. NONE
DALCO, LLC NONE
Plant Specialties, Inc. NONE
Energy Maintenance, Inc. NONE
Preventive Maintenance, Inc. NONE
Production Machine Incorporated NONE
ICE Liquidating, Inc. NONE
Valve Repair of South Carolina, Inc. NONE
Flickinger-Benicia Inc. NONE
Puget Investments, Inc. NONE
Steam Line Supply & Rubber Co., Inc. NONE
Flickinger Company NONE
Boyden Inc. NONE
Valve Actuation & Repair Co. NONE
16
51
B. INVATEC TRADEMARKS
2. U.S. TRADEMARK APPLICATIONS
NONE
3. NON-U.S. TRADEMARK REGISTRATIONS
NONE
4. NON-U.S. TRADEMARK APPLICATIONS
NONE
17
52
C. IDP TRADEMARKS
1. U.S. TRADEMARK REGISTRATIONS
(All Ingersoll-Dresser Pump Company Intellectual Property to be assigned
to Flowserve Management Company immediately after Closing).
GRANTOR TRADEMARK REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- --------------------- ------------------- -----------------
Ingersoll-Dresser Pump AKTIV-RUDER 0695564 4/5/1960
Company
Ingersoll-Dresser Pump BRUTE JR 1778681 6/29/1993
Company
Ingersoll-Dresser Pump CHEMLINER 0973917 11/27/1973
Company
Ingersoll-Dresser Pump CLEAN-LOCK 1710041 8/25/1992
Company
Ingersoll-Dresser Pump FAST RESPONSE CENTER 1121582 7/3/1979
Company
Ingersoll-Dresser Pump GEAREX (STYLIZED) 0585955 2/23/1954
Company
Ingersoll-Dresser Pump HYDREX 0606355 5/24/1955
Company
Ingersoll-Dresser Pump IDP LOGO 1848852 8/9/1994
Company
Ingersoll- P & DESIGN 0622620 3/6/1956
Dressner Pump
Company
Ingersoll- PACIFIC 0591926 6/29/1954
Dresser Pump
Company
Ingersoll- PLEUGER 2045357 3/18/1997
Dresser Pump
Company
Ingersoll- PUMPTRAC & 2013429 11/5/1996
Dresser Pump DESIGN
Company
Ingersoll- SCIENCO 1659448 10/8/1991
Dresser Pump
Company
Ingersoll- SIER-BATH 0741577 12/4/1962
Dresser Pump
Company
Ingersoll- WESTERN 1996129 8/20/1996
Dresser Pump LAND ROLLER
Company
Ingersoll- Worthington 0641707 2/19/1957
Dresser Pump
Company
Ingersoll- WORTHINGTON 0945715 10/24/1972
Dresser Pump N & W 0692784 2/9/1960
IDP Alternate Energy Company NONE
Energy Hydro, Inc. NONE
Pump Investments, Inc. NONE
18
53
C. IDP TRADEMARKS
2. U.S. TRADEMARK APPLICATIONS
(All Ingersoll-Dresser Pump Company Intellectual Property
to be assigned to Flowserve Management Company
immediately after Closing).
GRANTOR TRADEMARK APPLICATION NUMBER FILING DATE
- -------------------- ------------- ------------------ -----------
Ingersoll- X-CAVALLOY 75707286 5/17/1999
Dresser Pump
Company
Ingersoll- BARBARIAN 75676712 4/7/1999
Dresser Pump
Company
Ingersoll- DESIGN PENDING
Dresser Pump (ILLUSTRATION
Company OF BARBARIAN)
Ingersoll- PROS+ 75655861 3/8/1999
Dresser Pump
Company
IDP Alternate Energy NONE
Company
Energy Hydro, Inc. NONE
Pump Investments, Inc. NONE
19
54
C. IDP TRADEMARKS
3. NON-U.S. TRADEMARK REGISTRATIONS
(All Ingersoll-Dresser Pump Company Intellectual Property to be assigned
to Flowserve Management Company immediately after Closing).
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- -------------------- --------------- ------------------- -----------------
Ingersoll-Dresser Pump AKTIV-RUDER Benelux R237252 --
Company France R237252 --
Germany 664696 9/24/1951
Intern'l Design R237252 11/21/1960
Spain R237252 --
Ingersoll-Dresser Pump ALDRICH Canada TMDA 39314 --
Company
Ingersoll-Dresser Pump CAMERON Canada 121/28041 2/19/1986
Company
Ingersoll-Dresser Pump CLEAN-LOCK Canada TMA392819 1/10/1992
Company TMA450179 11/17/1995
Ingersoll-Dresser Pump GEAREX Benelux 384827 9/28/1982
Company Canada 132237 8/9/1963
Ingersoll-Dresser Pump HYDREX Benelux 384828 9/28/1982
Company Canada 134070 1/3/1964
Ingersoll-Dresser Pump IDP INGERSOLL-DRESSER Indonesia 365914 7/6/1995
Company PUMPS Indonesia 370229 7/6/1995
Indonesia 373167 7/6/1995
Ingersoll-Dresser IDP LOGO Algeria 049894 11/29/195
Pump Company Argentina 1506140 2/28/1994
Argentina 1506141 2/28/1994
Australia 593536 1/5/1993
Australia 593538 1/5/1993
Australia 659118 1/5/1993
Austria 147697 6/23/1993
Benelux 528270 1/15/1993
Brazil 817240764 1/10/1995
Brazil 817240772 5/23/1995
Canada TMA427902 5/27/1994
China 798459 12/14/1995
China 822508 3/14/1996
China 799915 12/14/1995
Chile 453959 12/11/1995
Chile 467412 9/9/1996
Colombia 172195 1/26/1995
Colombia 171406 1/20/1995
Costa Rica 86750 4/25/1994
Costa Rica 84221 10/14/1993
Denmark VR081491995 12/1/1995
Ecuador 1209-97 4/28/1997
Ecuador 550-97 4/28/1997
Ecuador 551-97 4/28/1997
Finland 143741 4/22/1996
France 93451897 1/22/1993
Germany 2075241 1/8/1993
20
55
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- -------------------- --------------- ------------------- -----------------
Greece 124281 5/10/1995
Hong Kong B04012/1997 6/8/1995
Hong Kong B09594/1997 6/8/1995
Hong Kong B09593/1997 6/8/1995
Hungary 147483 9/14/1995
Iran 79008 4/23/1996
Ireland, Rep. of B1666568 4/25/1995
Ireland, Rep. of 202043 7/1/1996
Israel 98344 4/30/1995
Israel 98345 4/30/1995
Israel 98346 4/30/1995
Italy 666822 1/26/1993
Japan 3225117 11/29/1996
Japan 3265253 2/24/1997
Jordan 9172 4/21/1996
Jordan 9171 4/2/1996
Korea, South 330667 1/31/1996
Korea, South 28587 9/14/1995
Korea, South 331768 1/18/1996
Mexico 438613 8/2/1993
Mexico 505029 3/25/1993
New Zealand 248571 4/27/1995
New Zealand 248572 4/27/1995
New Zealand 248573 4/27/1995
Nigeria 55389 2/23/1993
Norway 179628 2/6/1997
Peru 9342 8/15/1994
Peru 1790 4/4/1994
Portugal 309651 5/6/1996
Portugal 309653 5/6/1996
Portugal 309654 5/6/1996
Romania 23417 6/15/1994
Russian Fed. 132875 6/23/1994
Saudi Arabia 339/44 5/16/1995
Saudi Arabia 339/45 5/16/1995
Saudi Arabia 339/46 5/16/1995
Singapore S/B275/93 1/13/1993
Singapore T93/00274G 1/13/1993
South Africa 95/05647 5/2/1995
South Africa 95/05648 5/2/1995
South Africa 95/05649 5/2/1995
Spain 1742151 1/29/1993
Spain 1742152 1/29/1993
Sweden 311096 4/4/1996
Switzerland 403673 2/4/1993
Switzerland 409245 4/1/1993
Taiwan 74683 3/1/1995
Taiwan 678390 4/15/1995
Taiwan 676627 3/31/1995
Thailand 261269 7/27/1994
Thailand BOR2856 7/26/1994
Tunisia 951375 10/23/1995
Turkey 163994 9/18/1995
21
56
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- -------------------- --------------- ------------------- -----------------
Turkey 170364 9/18/1995
UK B1523024 12/31/1992
Vietnam 10557 3/20/1993
Zimbabwe B679/94 5/11/1994
Zimbabwe B680/94 5/11/1994
Zimbabwe B681/94 5/11/1994
Ingersoll- MONOBLOC Algeria 044988 2/19/1966
Dresser Pump Austria 21508 2/27/1951
Company France 92423560 6/16/1992
Ingersoll- NIIGATA- Japan 49354 1/14/1957
Dresser Pump WORTHINGTON
Ingersoll- NIIGATA- Japan 494355 1/14/1957
Dresser Pump WORTHINGTON
Company (KATAKANA)
Ingersoll- P & DESIGN Colombia 125406 12/12/1988
Dresser Pump Germany 1021743 2/18/1981
Company Jordan 19659 2/11/1982
Korea, South 83789 9/10/1982
Germany 545478 1/24/1941
Japan 176997 9/26/1984
Pleuger P & DESIGN Mexico 253672 4/15/1980
Worthington
GMBH
Ingersoll- PACIFIC Argentina 1666563 9/30/1959
Dresser Pump Argentina 1666564 9/30/1959
Company Australia A127250 4/11/1956
Austria 49220 12/3/1962
Bangladesh 27507 10/5/1988
Benelux 62720 9/24/1971
Bolivia 54431-A 6/27/1989
Brazil 003391612 8/22/1956
Canada NS68/17863 1/13/1943
Canada 128775 11/16/1962
Chile 451999 12/10/1965
Colombia 139822 6/25/1992
Denmark VR023321965 9/4/1965
Ecuador 710-90 4/6/1990
France 1719792 7/25/1980
Germany 688516 11/2/1954
Greece 33333 4/3/1965
India 210610 8/13/1962
Iran 26725 4/22/1965
Israel 24302 3/21/1965
Italy 694846 4/24/1954
Japan 488284 9/19/1956
Korea, South 9723 4/2/1965
Kuwait 2386 10/17/1965
Mexico 80531 11/10/1954
New Zealand 953440 7/5/1944
Norway 67207 10/21/1965
Paraguay 134770 6/30/1989
Peru 37498 11/2/1965
Philippines 12329 5/26/1966
22
57
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- -------------------- --------------- ------------------- -----------------
Portugal 129783 5/25/1966
South Africa 62/2628 8/7/1962
Sweden 106339 5/31/1963
Taiwan 23742 10/1/1966
Thailand KOR29864 4/1/1995
Turkey 119076 5/12/1965
UK B751119 2/20/1956
Uruguay 303877 8/17/1966
Venezuela 31189-F 10/4/1956
Ingersoll- PACIFIC China 530868 10/10/1990
Dresser Pump (MANDARIN)
Company
Ingersoll- PLEMA France R396448 --
Dresser Pump Intern'l Design R396448 12/19/1972
Company Liechtenstein R396448 --
Switzerland R396448 --
Ingersoll- PLEUGER Algeria R467259 --
Dresser Pump Australia A523499 11/16/1989
Company Austria R467267 --
Canada 280382 6/17/1983
Chile 413406 9/27/1993
China 530863 10/10/1990
Colombia 147082 5/21/1992
Czech Republic 166564 8/28/1986
Germany 1021744 2/18/1981
Greece 70143 10/26/1981
Intern'l Design R467269 9/28/1981
Italy R4672699 --
Japan 1885896 8/28/1986
Japan 2014542 1/26/1998
Japan 2207997 1/30/1990
Jordan 20834 4/20/1983
Korea, South 257166 1/13/1993
Korea, South 82705 6/30/1982
Morocco R467269 --
Portugal 215114 10/17/1988
Portugal 215113 10/17/1998
Romania R467269 --
Slovenia 7881112 --
South Africa 81/8001 8/19/1981
Switzerland R467269 --
Tunisia R467269 --
UK 1435951 8/13/1990
Venezuela 117058-F 4/18/1986
Venezuela 114275-F 9/23/1985
Yugoslavia 27109 9/15/1983
Ingersoll- PLEUGER Argentina 1273631 3/7/1998
Dresser Pump Argentina 1273632 3/7/1988
Company Benelux 412115 9/23/1985
Japan 2207997 6/30/1990
Mexico 269420 4/15/1980
Spain 828086 9/30/1976
Spain 828087 10/5/1978
23
58
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- -------------------- --------------- ------------------- -----------------
Ingersoll- PLEUGER Slovak Republic 166564 8/28/1986
Dresser Pump
Company
Ingersoll- PLEUGER & P Brazil 007230664 10/25/1980
Dresser Pump (DESIGN) Egypt 65019 12/15/1984
Company France 1737816 10/9/1981
Jordan 28428 12/3/1990
Jordan 28427 12/3/1990
Ingersoll- PLEUGER & P Philippines 39734 6/27/1998
Dresser Pump (DESIGN)
Company
Ingersoll- PLEUGER & P Taiwan 172547 2/16/1982
Dresser Pump DESIGN
Company
Ingersoll- PLEUGER & Taiwan 172546 2/16/1982
Dresser Pump PLEUGER SEE
Company REMARKS
Ingersoll- PLEUGER Taiwan 172545 2/16/1982
Dresser Pump (CHINESE
Company CHARACTERS)
Ingersoll- PLEUGER China 530870 10/10/1990
Dresser Pump (MANDARIN)
Company
Ingersoll- PLEUGER- Germany 521654 1/23/1940
Dresser Pump PUMPE
Company
Ingersoll- SIER-BATH Benelux 384826 9/28/1982
Dresser Pump France 1420115 6/4/1962
Company Germany 808839 5/2/1962
Italy 409304 6/26/1962
Japan 652223 9/8/1964
Canada TMA453078 1/26/1996
Ingersoll- WASSERSTAN Germany 454359 1/12/1933
Dresser Pump DSWACHTER
Company
Ingersoll- WORTHINGTON Algeria 052062 1/10/1952
Dresser Pump Australia A32253 --
Company Austria 24604 11/30/1951
Brazil 003299457 4/16/1966
Canada TMDA02715 7/16/1986
Egypt 9511 6/23/1943
France 1719794 3/9/1990
Germany 785822 10/17/1962
Germany 631079 10/18/1962
India 7542 11/9/1942
Ireland, Rep. of 48179
Ireland, Rep. of 32244 10/27/1984
Italy 334337 6/21/1956
Morocco 45536 11/1/1990
New Zealand B20315 7/5/1937
Norway 10709
Paraguay 167252 4/17/1983
24
59
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- -------------------- --------------- ------------------- -----------------
South Africa 997/21
South Africa 88/1404 2/24/1988
Sweden 75754 4/2/1954
Tanganyika 18465 12/31/1980
Tanganyika 18467 12/31/1980
Thailand KOR64963 9/29/1994
Trinidad &
Tobago 85/21 12/15/1921
Tunisia EE95.1547 1/27/2022
Turkey 83509 11/30/1944
Uganda 15292 2/14/1980
UK 418012 8/26/1921
UK 40477 10/27/1984
UK 2104125 7/2/1996
Uruguay 313638 1/31/1957
Venezuela 14197 --
Zanzibar 81/1987 12/19/1980
Zanzibar 82/1987 12/19/1980
Ingersoll- WORTHINGTON Algeria 047465 9/24/1966
Dresser Pump N & W Argentina 1563127 11/23/1959
Company (DESIGN) Argentina 1551784 1/31/1995
Argentina 1626931 11/23/1959
Australia A175418 8/13/1962
Austria 41819 8/3/1959
Bangladesh 29796 11/28/1989
Benelux 105862 12/31/1971
Bolivia 51199-C 4/2/1991
Brazil 003013529 7/13/1964
Canada 125466 2/16/1962
Chile 351922 6/5/1959
China 503488 11/10/1989
Colombia 44963 12/3/1959
Costa Rica 77072 9/12/1991
Cuba 107546 5/6/1964
Denmark VR195901859 10/10/1959
Ecuador 1372-95 7/11/1960
Finland 40461 3/21/1963
France 1261905 4/20/1959
Germany 775252 6/26/1959
Greece 24454 6/17/1959
Guatemala 48989 8/16/1985
Hong Kong 724/1965 8/28/1962
India 211269 9/13/1962
Iran 19478 6/20/1959
Ireland, Rep. of 72136 5/12/1966
Israel 17813 6/26/1959
Israel 17814 6/26/1959
Italy 374820 6/19/1959
Jamaica 8031 12/8/1959
Japan 638392 3/9/1964
Korea, South 189582 3/19/1990
Malaysia 88/04833 9/19/1988
Mexico 246309 12/13/1979
25
60
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- -------------------- --------------- ------------------- -----------------
Mexico 345651 9/11/1986
New Zealand B71515 8/10/1962
Nicaragua 10061 10/23/1959
Norway 54110 6/17/1959
Pakistan 37565 8/22/1962
Panama 8642 4/12/1965
Paraguay 137393 7/6/1989
Peru 057243 4/29/1985
Portugal 178044 10/4/1962
Puerto Rico 12247 8/30/1962
Romania R2665 11/17/1951
Samoa 1272 6/7/1974
South Africa 88/1405 2/24/1988
Spain 407727 1/9/1963
Spain 407725 1/9/1963
Spain 407724 1/9/1963
Spain 407729 1/15/1963
Spain 407730 3/20/1967
Spain 407728 8/28/1962
Sweden 89544 5/20/1960
Switzerland 320566 1/18/1962
Syria 10572 8/5/1959
Taiwan 354221 1/16/1987
Tanganyika 18466 12/31/1980
Turkey 108317 2/16/1962
Uganda 15291 2/14/1980
UK B839392 9/18/1962
Uruguay 280992 8/31/1964
Venezuela 43704F 2/4/1963
Zanzibar 83/1987 12/19/1980
Zimbabwe B112/88 3/4/1988
Ingersoll- WORTHINGTON China 530869 10/9/1990
Dresser Pump (MANDARIN)
Company
Ingersoll- WORTHINGTON Malaysia M/82471 5/25/1979
Dresser Pump SIMPSON Malaysia M/82472 5/25/1979
Company Malaysia M/82470 5/25/1979
Singapore S/1348/85 3/28/1985
Singapore S/1349/85 3/28/1985
Singapore 01350 3/28/1985
Singapore 01351 3/28/1985
Singapore 80485 5/23/1979
Singapore 80488 5/23/1979
Singapore 80486 5/23/1979
Singapore 80487 5/23/1979
UK 899194 9/8/1966
UK 899195 9/8/1966
UK 899196 9/8/1966
UK 899197 9/8/1966
Ingersoll- WORTHITE Algeria 044987 6/17/1948
Dresser Pump
Company
Ingersoll- Dresser X-CAVALLOY Austria 161571 12/31/1995
Pump Company Benelux 581951 8/3/1995
26
61
GRANTOR TRADEMARK COUNTRY REGISTRATION NUMBER REGISTRATION DATE
- ---------------------- -------------------- --------------- ------------------- -----------------
China 1289361 6/28/1999
Denmark VR015321998 3/27/1998
Finland 212294 12/15/1998
France 95584375 8/10/1995
Germany 39531732 8/2/2005
Italy 730621 9/20/1995
Japan 4312981 9/10/1999
Korea, South 436662 12/30/1998
Mexico 577363 3/9/1998
Norway 190988 6/18/1998
Poland R-103163 8/25/1995
Portugal 311811 7/9/1996
Spain 1980408 8/3/1995
Switzerland 430859 7/28/1995
UK 2028853 3/29/1996
IDP Alternate Energy NONE
Company
Energy Hydro, Inc. NONE
Pump Investments, Inc. NONE
27
62
C. IDP TRADEMARKS
4. NON-U.S. TRADEMARK APPLICATIONS
(All Ingersoll-Dresser Pump Company Patents to be assigned
to Flowserve Management Company immediately after Closing).
APPLICATION FILING
GRANTOR TRADEMARK COUNTRY NUMBER DATE
- ----------------- ------------- ------------ ----------- -------
Ingersoll-Dresser IDP LOGO Egypt PENDING
Pump Company Egypt PENDING
Egypt PENDING
India PENDING
Kuwait PENDING
Kuwait PENDING
Kuwait PENDING
Lebanon PENDING
Malaysia PENDING
Malaysia PENDING
Malaysia PENDING
Pakistan PENDING
Qatar PENDING
Qatar PENDING
Qatar PENDING
Venezuela PENDING
Venezuela PENDING
Ingersoll- PLEUGER Bosnia-Herz. PENDING --
Dresser Pump Croatia PENDING
Company --
Ingersoll- WORTHINGTON Philippines PENDING
Dresser Pump N & W
Company (DESIGN)
Ingersoll- X-CAVALLOY Brazil PENDING
Dresser Pump Canada PUBLISHED
Company Czech Republic PUBLISHED
India PENDING
Romania PENDING
Slovak Rep. PENDING
South Africa PENDING
Sweden PENDING
Taiwan PUBLISHED
Turkey PENDING
Venezuela PUBLISHED
IDP Alternate Energy NONE
Company
Energy Hydro, Inc. NONE
Pump Investments, Inc. NONE
28
63
SCHEDULE III TO THE
SECURITY AGREEMENT
LICENSES
- --------------------------------------------------------------------------------
PART I
A. LICENSES / SUBLICENSES OF FLOWSERVE GRANTORS
1. COPYRIGHTS
None
2. PATENTS
FLOWSERVE INTERNATIONAL, INC.
DATE OF APPLICATION DATE APPLICATION/PATENT
LICENSEE NAME LICENSE/SUBLICENSE TITLE OF U.S. PATENT FILED/ISSUE DATE NUMBER
------------- ------------------ -------------------- ---------------- ------------------
Mitsubishi Heavy 9/24/87 Not Specified
Industries
United Pumps of Canada, 8/13/91 "
Ltd.
BW Mechanical Seals 1/1/93 "
(S.E.A.) PTE, Ltd.
BW/IP de Venezuela S.A. Undated "
BW/IP International 1/1/93 "
B.V. (Netherlands)
BW/IP International, 1/1/93 "
Ltd.
EMCO Fluid Systems, Inc. 8/1/87 "
Borg Warner 1/1/81 "
Australia Ltd.
1
64
FLOWSERVE FSD CORPORATION
APPLICATION
DATE
DATE OF TITLE OF NON-U.S. FILED/ISSUE APPLICATION/PATENT
LICENSEE NAME LICENSE/SUBLICENSE PATENT COUNTRY DATE NUMBER
- ------------------------ ------------------ ----------------- ------- ------------ -------------------
Arabian Seals 12/18/91 Self-Cooled Seal
Company Limited Bellows Seal
Face
Arrangement
Bellows Seal
Tapered Seat
HSB Dura Seal
Integral Pumping
Device
(XRO/RA)
Seal
Arrangement for
Mill Roll
Coolant
Circulation Tube
Bearing Guard
Korea Seal Master 1/8/90 Dry Running
Co. Ltd. Seal
Split Mixer Seal
Split Pump Seal
Bearing Guard
High
Performance
Split Seal
Dry Running
Seal
Durametallic India Ltd. 11/24/75 Not Specified
Petech/Durametallic 6/30/89 Petch Split Seal New Zealand
(New Zealand) Ltd.
Petech/Durametallic 6/30/89 Thermal Bushing Australia
(Australia) Pty Ltd.
Integral Pumping Australia
Feature
Magnetic Seal Australia 1989 4,795,168
Durametallic Asia 9/1/83 Mechanical Seal Malaysia MY-104440A
Pte. Ltd.
2
65
3. TRADEMARKS
FLOWSERVE INTERNATIONAL, INC.
APPLICATION DATE
DATE OF TITLE OF U.S. FILED/REGISTRATION APPLICATION/
LICENSEE NAME LICENSE/SUBLICENSE TRADEMARK DATE REGISTRATION NUMBER
------------- ------------------ ------------- ------------------- -------------------
Mitsubishi Heavy 9/24/87 Not Specified
Industries
PT BW Mechanical Seals 12/1/93 "
Indonesia
BW Mechanical Seals 1/1/93 "
(S.E.A.) PTE, Ltd.
BW/IP de Venezuela S.A. Undated "
BW/IP International B.V. 1/1/93 "
BW/IP International, 1/1/93 "
Ltd.
EMCO Fluid Systems, Inc. 8/1/87 "
Borg Warner 1/1/81
Australia Ltd.
FLOWSERVE FSD CORPORATION
APPLICATION
DATE FILED/ APPLICATION/
LICENSEE NAME AND DATE OF TITLE OF NON-U.S. REGISTRATION REGISTRATION
ADDRESS LICENSE/SUBLICENSE TRADEMARK COUNTRY DATE NUMBER
Arabian Seals Company 12/18/91 Not Specified
Limited
Korea Seal Master Co. 1/8/90 "
Ltd.
Petech/Durametallic 6/30/89 Dura Seal New Zealand 1980 RN B131581
(New Zealand) Ltd. Durametallic New Zealand
Durafite New Zealand
Petech/Durametallic 6/30/89 Dura Seal Australia 1961 RN A166362
(Australia) Pty Ltd. Durametallic Australia 1974 RN A208222
Dura Lapper Australia
Durafite Australia
Durametallic Asia 9/1/83 BW Seals Singapore B4733/92 6/24/1992
Pte. Ltd. BW/IP (Stylized) Singapore B4732/92 6/24/1992
Durametallic Singapore RN 61098 1974
Dura Seal Singapore RN 61099 1974
Flowserve Singapore T97/15408H 6/20/1997
Automax Singapore S/9706/93 12/8/1993
Byron Jackson Malaysia M/B73923 1/6/1977
Byron Jackson Malaysia M/B73924 1/6/1997
Durametallic Malayasia RN M/093116 1981
BW/IP (Stylized) Indonesia 280410 10/2/1992
3
66
APPLICATION
DATE FILED/ APPLICATION/
LICENSEE NAME AND DATE OF TITLE OF NON-U.S. REGISTRATION REGISTRATION
ADDRESS LICENSE/SUBLICENSE TRADEMARK COUNTRY DATE NUMBER
----------------- ------------------ ----------------- ------- ------------ ------------
Byron Jackson Indonesia 403517 11/6/1997
Durametallic Indonesia RN 116961 1997
Dura Seal Indonesia RN 120468 1977
Flowserve Indonesia 432025 2/10/1998
Flowserve Indonesia 432026 2/10/1998
BW/IP (Stylized) Thailand 44725 8/2/1995
Byron Jackson Thailand 55986 1/14/1977
Durametallic Thailand RN 86654 1981
Dura Seal Thailand RN 77295 1981
United Thailand RN TM42107 1995
BW Seals Philippines 58015 5/12/1994
BW/IP (Stylized) Philippines 55437 6/21/1993
Byron Jackson Philippines 35460 3/5/1986
Durametallic Philippines RN 22830 1976
Dura Seal Philippines RN 23124 1976
Durametallic 9/1/89 Not Specified
Europe N.V.
Durametallic GmbH 1/1/90 Durafite Germany RN 893562 1970
(Germany)
4
67
B. LICENSES / SUBLICENSES OF INVATEC GRANTORS
1. COPYRIGHTS
None
2. PATENTS
None
3. TRADEMARKS
None
5
68
C. LICENSES / SUBLICENSES OF IDP GRANTORS
1. COPYRIGHTS
None
2. PATENTS
None
3. TRADEMARKS
None
6
69
PART 2
- --------------------------------------------------------------------------------
A. LICENSES / SUBLICENSES OF FLOWSERVE GRANTORS
AS LICENSEE ON DATE HEREOF
1. COPYRIGHTS
None
2. PATENTS
FLOWSERVE INTERNATIONAL, INC.
DATE OF APPLICATION DATE APPLICATION/PATENT
LICENSOR NAME LICENSE/SUBLICENSE TITLE OF U.S. PATENT FILED/ISSUE DATE NUMBER
-------------- ------------------ -------------------- ---------------- ------------------
Technip and 9/13/95 Not Specified
Snamprogetti S.p.A.
BW Mechanical Seals 1/1/91 "
Ebara Corporation 11/9/92 "
3. TRADEMARKS
FLOWSERVE INTERNATIONAL, INC.
APPLICATION DATE
DATE OF TITLE OF U.S. FILED/REGISTRATION APPLICATION/
LICENSOR NAME LICENSE/SUBLICENSE TRADEMARK DATE REGISTRATION NUMBER
------------- ------------------- ------------- ------------------ -------------------
BW/Abahsain Seal Undated Not Specified
Company, Ltd.
BW Mechanical Seals 1/1/91 "
Ebara Corporation 11/9/92 "
7
70
B. LICENSES / SUBLICENSES OF INVATEC GRANTORS
AS LICENSEE ON DATE HEREOF
1. COPYRIGHTS
None
2. PATENTS
None
3. TRADEMARKS
None
8
71
B. LICENSES / SUBLICENSES OF IDP GRANTORS
AS LICENSEE ON DATE HEREOF
1. COPYRIGHTS
None
2. PATENTS
None
3. TRADEMARKS
None
9
72
SCHEDULE IV TO THE
SECURITY AGREEMENT
PATENTS
A. FLOWSERVE PATENTS
1. U.S. PATENT REGISTRATIONS
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE
- ------- ----------- ------------- ----------
Flowserve Management HALL EFFECT MONITORING OF BEARINGS 5336996 8/9/1994
Company SUPPORTING A ROTOR WITHIN A STATIONARY
HOUSING
Flowserve Management METHOD FOR INDUCTION MELTING REACTIVE 4738713 1/4/1994
Company METALS AND ALLOYS (2 RE-EXAMS OF U.S.
PATENT NO. 4,738,713)
Flowserve Management METHOD FOR INDUCTION MELTING REACTIVE 4738713 4/19/1988
Company METALS AND ALLOYS
Flowserve Management POLYMERIC FLUOROCARBON 4312961 1/26/1982
Company ROTOMOLDING/ROTOLINING COMPOSITION
Flowserve Management METHOD OF JOINING MATERIALS BY MECHANICAL 4560607 12/24/1985
Company INTERLOCK AND ARTICLE
Flowserve Management ADJUSTABLE BALL VALVE 5746417 5/5/1998
Company
Flowserve Management PLUG VALVE ASSEMBLY 4055324 10/25/1977
Company
Flowserve Management HIGH PERFORMANCE BUTTERFLY VALVE 6029949 2/29/2000
Company
Flowserve Management FIRE RESISTANT SEAL FOR FLOW CONTROL VALVE 4373543 2/15/1983
Company
Flowserve Management PLUG VALVE 4711264 12/8/1987
Company
Flowserve Management LINED CORROSION RESISTANT PUMP 4722664 2/2/1988
Company
Flowserve Management SEAL CHAMBER SPLASH GUARD 5807086 9/15/1998
Company
Flowserve Management HEAT TREATMENT OF CAST ALPHA / BETA 5900083 5/4/1999
Company METALS AND METAL ALLOYS AND CAST ARTICLES
WHICH HAVE BEEN SO TREATED
1
73
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE
- ------- ----------- ------------- ----------
Flowserve Management METHOD OF APPARATUS TO FACILITATE THE 5062439 11/5/1991
Company INJECTION OF SEALANT INTO A PRESSURIZED 5052427 10/1/1991
FLUID MEMBER
Flowserve Management METHOD OF APPARATUS TO FACILITATE THE RE35116 10/1/1991
Company INJECTION OF SEALANT INTO A PRESSURIZED
FLUID MEMBER
(Reissue of U.S. 5052427)
Flowserve Management FRICTION WELDING 5558265 9/24/1996
Company APPARATUS 5735447 4/7/1998
Flowserve Management MECHANICAL SEAL WITH IMPROVED FACE RING 4,261,581 1981
Company MOUNTING.
Flowserve Management CABLE GUIDE FOR A TUBULAR ANODE 4,268,371 1981
Company
Flowserve Management THRUST BEARING ARRANGEMENT 4363608 1982
Company
Flowserve Management TAPERED SEAL SEAT BETWEEN STATIONARY 4,364,571 1982
Company INSERT AND GLAND
Flowserve Management BACK-UP MECHANICAL SEAL 189746 1983
Company
Flowserve Management MECHANICAL SEALS FOR USE WITH SLURRY PUMPS 4418919 (RE32646) Issued 1983
Company (RE1988)
Flowserve Management IMPROVED MECHANICAL SEAL 4,418,921 1983
Company
Flowserve Management IMPROVED MECHANICAL SEAL ASSEMBLY 4426092 1984
Company
Flowserve Management MECHANICAL SEAL ASSEMBLY 4448428 1984
Company
Flowserve Management VACUUM BREAKER VALVE WITH INTERNALLY 4502503 1985
Company BALANCED DISC.
Flowserve Management PUMP-MECHANICAL SEAL CONSTRUCTION WITH 4509773 1985
Company AXIAL ADJUSTMENT MEANS
Flowserve Management MECHANICAL SEAL WITH CYLINDRICAL BALANCE 4511149 1985
Company SLEEVE
2
74
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE
- ------- ----------- ------------- ----------
Flowserve Management HYDRAULIC PROXIMITY PROBE 4,523,451 1985
Company
Flowserve Management SHAFT SEAL 4,538,820 1985
Company
Flowserve Management MECHANICAL SEAL ASSEMBLY WITH COOLANT 4,560,173 1985
Company CIRCULATION STRUCTURE
Flowserve Management DOUBLE DISC GATE VALVE 4,573,660 1986
Company
Flowserve Management IMPROVED MECHANICAL SEAL 4586719 1986
Company
Flowserve Management PUMP IMPROVEMENT 4,621,981 1986
Company
Flowserve Management ADJUSTABLE STATOR MECHANISM FOR HIGH 4,629,396 1986
Company PRESSURE RADIAL TURBINES AND THE LIKE
Flowserve Management MECHANICAL SEAL WITH AUTOMATIC GAP 4,643,437 1987
Company CONVERGENCE CONTROL
Flowserve Management IMPROVED MECHANICAL SEAL FOR PUMPS AND 4,653,980 1987
Company METHOD OF FABRICATING SAME
Flowserve Management HYDROSTATIC BEARING FOR PUMPS AND THE LIKE 4684318 1987
Company
Flowserve Management PUMP CONSTRUCTION 4688990 1987
Company
Flowserve Management ADAPTIVE CONTROL SYSTEM FOR MECHANICAL 4,691,276 1987
Company SEAL ASSEMBLY
Flowserve Management ISOSTATIC MOLDING AND BONDING 4,701,291 1987
Company
Flowserve Management IMPROVER MECHANICAL SEAL FOR PUMPS 4,703,939 1987
Company
Flowserve Management PLUG VALVE 4,711,264 1987
Company
Flowserve Management MECHANICAL SEAL ASSEMBLY WITH COOLANT 4,721,311 1988
Company CIRCULATION TUBE
3
75
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE
- ------- ----------- ------------- ----------
Flowserve Management FLUID FLOW CONTROL MEANS FOR PUMPS AND 4,721,435 1988
Company THE LIKE
Flowserve Management FACE SEAL WITH AUTOMATIC FACE CONVERGENCE 4722534 1988
Company MEANS
Flowserve Management BEARING PROTECTOR 4,743,034 1988
Company
Flowserve Management BELLOWS MECHANICAL SEAL WITH INACTIVE 4,744,569 1988
Company DIAPHRAGMS
Flowserve Management LOW NOISE PLUG VALVE 4,774,984 1988
Company
Flowserve Management PUMP WITH HEAT EXCHANGER 4,775,293 1988
Company
Flowserve Management MAGNETIC SEAL ASSEMBLY 4,795,168 1989
Company
Flowserve Management MECHANICAL SEAL LUBRICATION IMPROVEMENT 4,804,194 1989
Company
Flowserve Management PUMP HOUSING, MOULD PARTS OF A MOULD WALL 4,869,643
Company FOR A PUMP HOUSING AND METHOD OF
MANUFACTURING A PUMP HOUSING
Flowserve Management BELLOWS SEAL WITH VIBRATION DAMPER 4,890,851 1990
Company
Flowserve Management BEARING PROTECTOR WITH SLINGER RING 4,890,941 1990
Company
Flowserve Management CROSS-FLOW TRAP 4,923,487 1990
Company
Flowserve Management PUMP WITH HEAT EXCHANGER 4,932,836 1990
Company
Flowserve Management LIGHTWEIGHT HYDROGEL-BOUND 4,963,515 1990
Company AGGREGATESHAPES AND PROCESS FOR PRODUCING
SAME
Flowserve Management FLUID HANDLING APPARATUS WITH SHAFT 4,964,646 1990
Company SLEEVE AND EXTENSION
Flowserve Management MULTI-ELEMENT, BI-DIRECTIONAL VALVE SEAT 4,968,001 1990
Company
4
76
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE
- ------- ----------- ------------- ----------
Flowserve Management FILTER LEAF 4,968,423 1990
Company
Flowserve Management MECHANICAL SEAL ASSEMBLY 4,971,337 1990
Company
Flowserve Management REDUCTION OF TRANSIENT THERMAL STRESSES 4,997,341 1991
Company IN MACHINE COMPONENTS
Flowserve Management HOUSING SEAL CHAMBER BODY 5,035,436
Company
Flowserve Management PUMP HOUSING, MOULD PARTS OF A MOULD WALL 5,035,574 1991
Company FOR A PUMP HOUSING AND METHOD OF
MANUFACTURING A PUMP HOUSING
Flowserve Management REDUCTION OF TRANSIENT THERMAL STRESSES 5,072,608 1991
Company IN MACHINE COMPONENTS
Flowserve Management MECHANICAL SEAL 5,076,589 1991
Company
Flowserve Management PUMP WITH SEAL PURGE HEATER 5,143,515 1992
Company
Flowserve Management PRESSURE RECOVERY SEAL 5,193,974 1993
Company
Flowserve Management HEAT EXCHANGER THERMAL SHIELD WITH FLOW 5,246,337 1993
Company GUIDE
Flowserve Management BEARING PROTECTION DEVICE 5,290,047 1994
Company
Flowserve Management SEMI-CARTRIDGE SEAL 5,294,132 1994
Company
Flowserve Management METHOD FOR CONSTRUCTING A PUMPING 5,304,034 1994
Company INSTALLATION
Flowserve Management MULTI-STAGE CENTRIFUGAL PUMP 5,340,272 1994
Company
Flowserve Management NON-CANTACTING FACE SEAL 5,370,403 1994
Company
Flowserve Management BALL VALVE COUPLING 5,386,967 1995
Company
5
77
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE
- ------- ----------- ------------- ----------
Flowserve Management FLUID FILM SEAL 5,388,843 1995
Company
Flowserve Management PUMP WITH MEDIUM TIGHT SHELL AND VENTING 5,435,701 1995
Company MEANS
Flowserve Management PUMP WITH MEDIUM TIGHT SHELL AND VENTING 2,274,683
Company MEANS
Flowserve Management IMPROVED EFFICIENCY MULTI-STAGE PUMP 5,445,494 1995
Company
Flowserve Management SHAFT ALIGNMENT DEVICE 5,479,718 1996
Company
Flowserve Management SECONDARY GAS/LIQUID MECHANICAL SEAL 5,487,550 1996
Company ASSEMBLY
Flowserve Management DOUBLE GAS BARRIER SEAL 5,498,007 1996
Company
Flowserve Management FACE SEAL WITH ANGLED GROOVES 5,531,458 1996
Company
Flowserve Management NON-CONTACTING SEAL WITH CENTERING SPRING 5,533,739 1996
Company MOUNTED IN DOVETAILED GROOVED
Flowserve Management FACE RING RETAINER ARRANGEMENT FOR 5,551,708 1996
Company MECHANICAL SEAL
Flowserve Management ENCLOSURE FOR BRITTLE MECHANICAL SEAL 5,556,110 1996
Company FACE MATERIALS
Flowserve Management FACE SEAL WITH ANGLED GROOVES AND SHALLOW 5,556,111 1996
Company ANNULAR GROOVE
Flowserve Management MECHANICAL SEAL WITH SPRING DRIVE 5,558,342 1996
Company
Flowserve Management MECHANICAL SEAL WITH SPRING DRIVE 2,305,982
Company
Flowserve Management SECONDARY SEAL FOR NON-CONTACTING FACE 5,560,622 1996
Company SEAL ASSEMBLY
Flowserve Management BACK UP SEAL FOR SEALING BETWEEN A SHAFT 5,562,294 1996
Company AND HOUSING
6
78
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE
- ------- ----------- ------------- ----------
Flowserve Management PUMP BOX WITH REPLACABLE EROSION PROTECTOR 5,630,699 1997
Company
Flowserve Management VALVE TRIM 5,732,738 1998
Company
Flowserve Management GUIDED GATE VALVE 5,704,594 1998
Company
Flowserve Management DIAMETRIC PLANE SPLIT MECHANICAL FACE SEAL 5,716,054 1998
Company
Flowserve Management FACE SEAL WITH ANGLED GROOVES AND SHALLOW 5,702,110 1997
Company ANNULAR GROOVE
Flowserve Management MECHANICAL SEAL WITH CONTROLLER FOR 5,762,342 1998
Company REGULATING FACE CONTACT PRESSURE
Flowserve Management SPIRAL GROOVE FACE SEAL 5,722,665 1998
Company
Flowserve Management MECHANICAL SEAL FOR WATER PUMP OF HEAVY 5,797,602 1998
Company DUTY VEHICLE
Flowserve Management GREASE SEAL 5,803,463 1998
Company
Flowserve Management GUIDED GATE VALVE 5,820,106 1998
Company
Flowserve Management METHOD FOR FORMING A WAVY FACE RING 5,833,518 1998
Company
Flowserve Management GUIDED GATE VALVE 5,836,569 1998
Company
Flowserve Management HEAT EXCHANGER BAFFLE DESIGN 5,845,704 1999
Company
Flowserve Management DOUBLE GAS SEAL WITH BELLOWS SUPPORTED BY 5,924,697 1999
Company BACKING AND SUPPORT RINGS
Flowserve Management DOUBLE GAS SEAL HAVING AN IMPROVED 5,941,531 1999
Company BELLOWS ARRANGEMENT
Flowserve Management WAVY FACE RING 5,947,481 1999
Company
7
79
GRANTOR PATENT NAME PATENT NUMBER ISSUE DATE
- ------- ----------- ------------- ----------
Flowserve Management SPLIT MECHANICAL FACE SEAL AND METHOD OF 5,961,122 1999
Company ASSEMBLY THEREOF
Flowserve Management HYBRID FLOATING BRUSH SEAL 5,997,004 1999
Company
Flowserve FCD VALVE POSITIONER HAVING ADJUSTABLE GAIN 5345856 9/13/1994
Corporation
Flowserve FCD LOCKOUT MODULES 5116018 5/26/1992
Corporation 5236172 8/17/1993
Flowserve FCD FLUID VALVES 5566923 10/22/1996
Corporation 5386967 2/7/1995
Flowserve FCD INNER-LOOP VALVE SPOOL POSITIONING 5884894 3/23/1999
Corporation CONTROL APPARATUS
Flowserve FCD UNITARY FLUID FLOW PRODUCTION AND CONTROL 5307288 4/26/1994
Corporation SYSTEM
Flowserve FCD INTEGRATED PROCESS CONTROL VALVE 5251148 10/5/1993
Corporation
Flowserve FCD PNUMATIC VALVE POSITIONER WITH ADJUSTABLE 5974945 11/2/1999
Corporation GAIN
Flowserve FCD FLUID PRESSURE MODULATOR 5282489 2/1/1994
Corporation
Flowserve FCD ANTI-CAVITATION LOW-NOISE CONTROL VALVE 4567915 2/4/1986
Corporation CAGE TRIM FOR HIGH PRESSURE REDUCING
SERVICE IN LIQUID OR GASEOUS FLOW
Flowserve RED NONE
Corporation
Flowserve FSD NONE
Corporation
Flowserve NONE
International, Inc.
BW/IP - New Mexico, NONE
Inc.
Flowserve NONE
International, LLC
Durametallic NONE
Australia Holding
Company
Flowserve Finance B.V. NONE
Flowserve NONE
International Limited
8
80
A. FLOWSERVE PATENTS
2. U.S. PATENT APPLICATIONS
PATENT
APPLICATION
GRANTOR PATENT NAME NUMBER FILING DATE
- ------- ----------- ------ -----------
Flowserve Management SHAFT GUARD Pending --
Company
Flowserve Management HERMATICALLY SEALED PUMP WITH NON-WETTED Pending --
Company MOTOR
Flowserve Management PUMP ASSEMBLY INCLUDING INTEGRATED ADAPTER Pending --
Company
Flowserve RED NONE
Corporation
Flowserve FSD NONE
Corporation
Flowserve NONE
International, Inc.
BW/IP - New Mexico, NONE
Inc.
Flowserve NONE
International, LLC
Durametallic NONE
Australia Holding
Company
Flowserve Finance B.V. NONE
Flowserve NONE
International Limited
9
81
A. FLOWSERVE PATENTS
3. NON-U.S. PATENT REGISTRATIONS
PATENT
GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE
- ------- ----------- ------- ------ ----------
Flowserve METHOD FOR INDUCTION MELTING Australia 608785 4/18/1991
Management REACTIVE METALS AND ALLOYS Canada 1329990 6/7/1994
Company Japan 2128541 4/25/1997
Flowserve PTFE LINED BEARING GUIDE Canada 1185306 4/9/1985
Management
Company
Flowserve METHOD OF APPARATUS TO FACILITATE Australia 659607 6/14/1995
Management THE INJECTION OF SEALANT INTO A
Company PRESSURIZED FLUID MEMBER
Flowserve MECHANICAL SEAL WITH IMPROVED Canada 1,150,744
Management FACE RING MOUNTING.
Company
Flowserve CABLE GUIDE FOR A TUBULAR ANODE Canada 1,151,592
Management
Company
Flowserve THRUST BEARING ARRANGEMENT Australia 542077
Management Canada 1,177,511
Company France 82/06671
Germany DE3212985
Holland 189.424
Japan 1,545,335
Switzerland 660,063
UK 2,097,069
Flowserve BACK-UP MECHANICAL SEAL Canada 1629982
Management Jap
Company
Flowserve MECHANICAL SEALS FOR USE WITH Australia 59595
Management SLURRY PUMPS Australia 571185
Company Canada 1,245,684
Chile 4334.411
European (FR, 0 120 158
GB, DE & NL)
Finland 75,910
Finland 78,540
Finland 79,174
Finland 78,539
Japan 1667198
Japan 1634296
Japan 1736046
South Africa 83/6670
Spain 527.055
Spain 529.137
10
82
PATENT
GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE
- ------- ----------- ------- ------ ----------
Flowserve IMPROVED MECHANICAL SEAL Canada 1,193,629
Management
Company
Flowserve IMPROVED MECHANICAL SEAL ASSEMBLY Canada 1179700
Management European (FR, 0079116
Company DE, NL & GB)
Japan 1937277
Flowserve MECHANICAL SEAL ASSEMBLY Canada 1,214,479
Management European (FR, 0 086 561
Company DE, GB, IT &
SE)
Japan 1751474
Flowserve PUMP-MECHANICAL SEAL CONSTRUCTION Australian 571306
Management WITH AXIAL ADJUSTMENT MEANS Canada 1,262,741
Company Chile 35,365
European (FR, 0 164 177
IT, NL, GB, &
DE)
Finland 79,897
Japan 1,858,616
South Africa 85/0651
Spain 540.004
Flowserve MECHANICAL SEAL WITH CYLINDRICAL Canada South 1,244,848
Management BALANCE SLEEVE Korea 52236
Company Spain 536.339
Flowserve HYDRAULIC PROXIMITY PROBE Australia 574,394
Management Canada 1212439
Company
Flowserve SHAFT SEAL Canada 1,244,849
Management
Company
Flowserve MECHANICAL SEAL ASSEMBLY WITH Australia 577,241
Management COOLANT CIRCULATION STRUCTURE Canada 1,266,689
Company India 164,831
Mexico 163,522
South Korea 29998
Venezuela 47.826
Flowserve MECHANICAL SEAL ASSEMBLY WITH Canada 1,181,779
Management INTEGRAL PUMPING DEVICE
Company
11
83
PATENT
GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE
- ------- ----------- ------- ------ ----------
Flowserve IMPROVED MECHANICAL SEAL Argentina 233.760
Management Australia 566210
Company Australia 574828
Canada 1,245,685
Canada 1,257,308
European- (FR, 0 134 068
NL, CH, GB &
DE)
European- (FR, 0 177 161
NL, CH, GB &
DE)
Japan 818323
South Korea 48362
Spain 532.612
Spain 543.022
Flowserve PUMP IMPROVEMENT Germany DE3337839
Management Japan Japan
Company
Flowserve ADJUSTABLE STATOR MECHANISM FOR Australia 575434
Management HIGH PRESSURE RADIAL TURBINES AND Canada 1,209,049
Company THE LIKE European (FR, 0179 580
NL, CH, GB &
DE)
Flowserve MECHANICAL SEAL WITH AUTOMATIC UK
Management GAP CONVERGENCE CONTROL Germany
Company Japan
Flowserve CARTRIDGE TYPE ROTARY SHORT SEAL Canada 1,219,887
Management WITH BEARING AND BELLOWS
Company
Flowserve IMPROVED MECHANICAL SEAL FOR Australia 589205
Management PUMPS AND METHOD OF FABRICATING Canada 1,325,648
Company SAME European (FR, 0 213 888
IT, NL, GB &
DE) 162197
Japan 48,575
Venezuela
Flowserve HYDROSTATIC BEARING FOR PUMPS AND Canada 1245508
Management THE LIKE European (FR, 0163434
Company NL, SE, CH, GB
& DE)
Flowserve PUMP CONSTRUCTION Canada 1235606
Management Italy 1175589
Company Spain 535.437
12
84
PATENT
GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE
- ------- ----------- ------- ------ ----------
Flowserve ADAPTIVE CONTROL SYSTEM FOR Argentina 241,549
Management MECHANICAL SEAL ASSEMBLY Australia 580191
Company Canada 1,282,476
China 86106617
European (FR, 0 220 531
DE, GB, NL,
IT, CH & ES)
Finland 85620
India 167,664
Israel P/80053
Japan 178535
South Africa 86/7396
South Korea 75164
Flowserve IMPROVER MECHANICAL SEAL FOR PUMPS Australia 57720
Management Canada 1,335,112
Company France 86 10016
Flowserve FLUID FLOW CONTROL MEANS FOR Canada 1,255,152
Management PUMPS AND THE LIKE (European (FR, 0 244 082
Company DE, GB, NL, SE
& CH)
Flowserve BEARING PROTECTOR Brazil P18801288
Management Canada 1,281,757
Company India 168269
Mexico 166,30
Flowserve BELLOWS MECHANICAL SEAL WITH Argentina 239.145
Management INACTIVE DIAPHRAGMS Australia 603426
Company Canada 1,295,642
Europe (DE, 0 312 184
NL, IT, ES &
GB)
Flowserve PUMP WITH HEAT EXCHANGER Canada 1,332,035
Management Canada 1,319,564
Company Canada 1,332, 034
European 0 283 292
France FR283292
Germany P3872903.2
Japan 1873188
Netherlands NL283292
Spain ES283292
Switzerland CH283292
United Kingdom GB283292
Flowserve MAGNETIC SEAL ASSEMBLY Canada 1,319,715
Management India 169679
Company Mexico 172056
South Korea 55753
Flowserve MECHANICAL SEAL LUBRICATION Canada
Management IMPROVEMENT
Company
13
85
PATENT
GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE
- ------- ----------- ------- ------ ----------
Flowserve PUMP HOUSING, MOULD PARTS OF A Australia 563,613
Management MOULD WALL FOR A PUMP HOUSING AND Austria 010128B2
Company METHOD OF MANUFACTURING A PUMP Canada 1,221,877
HOUSING Belgium 563,613
EPO 0101628B2
Germany 0101628B2
Great Britain 0101628B2
France 0101628B2
Holland 0101628B2
Italy 0101628B2
Japan 16.17.833
Luxembourg 0101628B2
Sweden 0101628B2
Switzerland 0101626B2
Flowserve BELLOWS SEAL WITH VIBRATION DAMPER Argentina 243,657
Management Australia 620005
Company Brazil P19000187
Mexico 167641
India
South Korea
Flowserve FILTER LEAF Canadian 1,304,007
Management
Company
Flowserve MECHANICAL SEAL ASSEMBLY Australia 610397
Management Brazil PI89023781
Company Canada 1312345
Columbia 23758
European 0 345 944
Malaysia MY-104440A
South Africa 89/3818
Japan
Flowserve HOUSING SEAL CHAMBER BODY Canada 2,020,421
Management
Company
Flowserve MECHANICAL SEAL Belgium 0 446 531
Management European 0 446 531
Company France 0 446 531
Germany P69025168.8-08
Spain 0 446 531
Switzerland 0 446 531
Japan
Flowserve PUMP WITH SEAL PURGE HEATER
Management European 0 470 747
Company
14
86
PATENT
GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE
- ------- ----------- ------- ------ ----------
Flowserve IMPROVED EFFICIENCY MULTI-STAGE Belgium
Management PUMP UK
Company France
Germany
Netherlands
Italy
Spain
Switzerland
Flowserve ENCLOSURE FOR BRITTLE MECHANICAL Europe 0 659 251
Management SEAL FACE MATERIALS France 0 659 251
Company
Flowserve FACE SEAL WITH ANGLED GROOVES AND Australia 685,502
Management SHALLOW ANNULAR GROOVE
Company
Flowserve MECHANICAL SEAL WITH SPRING DRIVE UK 2,305,982
Management
Company
Flowserve FCD INNER-LOOP VALVE SPOOL EP Published --
Corporation POSITIONING CONTROL APPARATUS
Flowserve FCD INTEGRATED PROCESS CONTROL VALVE Australia 653151 6/17/1999
Corporation Brazil Appealed --
Canada Allowed --
Japan 2772159 4/17/1998
France (EP) 0462432 12/9/1998
DE (EP) 69130592.7 12/9/1998
GB (EP) 0462432 12/9/1998
Italy (EP) 0462432 12/9/1998
NL (EP) 0462432 12/9/1998
Flowserve FCD ANTI-CAVITATION LOW-NOISE CONTROL Brazil PI8505165 9/25/1990
Corporation VALVE CAGE TRIM FOR HIGH PRESSURE France (EP) 0174340 5/31/1989
REDUCING SERVICE IN LIQUID OR DE (EP) P3570722.4 5/31/1989
GASEOUS FLOW GB (EP) 01743402.4 5/31/1989
Japan 1780112 8/13/1993
Germany 0174340
Australia 568,054
Canada 1,237,634
Italy 1,214,484
Flowserve RED NONE
Corporation
Flowserve FSD NONE
Corporation
Flowserve NONE
International,
Inc.
BW/IP - New NONE
Mexico, Inc.
Flowserve NONE
International,
LLC
15
87
PATENT
GRANTOR PATENT NAME COUNTRY NUMBER ISSUE DATE
- ------- ----------- ------- ------ ----------
Durametallic NONE
Australia
Holding Company
Flowserve NONE
Finance B.V.
Flowserve NONE
International
Limited
16
88
A. FLOWSERVE PATENTS
4. NON-U.S. PATENT APPLICATIONS
PATENT
APPLICATION FILING
GRANTOR PATENT NAME COUNTRY NUMBER DATE
- ------- ----------- ------- ------ ----
Flowserve METHOD OF APPARATUS TO FACILITATE Canada Pending --
Management THE INJECTION OF SEALANT INTO A Japan Pending --
Company PRESSURIZED FLUID MEMBER
Flowserve FRICTION WELDING Canada Pending --
Management APPARATUS IN Pending --
Company
Flowserve RED NONE
Corporation
Flowserve FSD NONE
Corporation
Flowserve NONE
International,
Inc.
BW/IP - New NONE
Mexico, Inc.
Flowserve NONE
International,
LLC
Durametallic NONE
Australia
Holding Company
Flowserve NONE
Finance B.V.
Flowserve NONE
International
Limited
17
89
B. INVATEC PATENTS
1. U.S. PATENT REGISTRATIONS
PATENT
GRANTOR PATENT NAME NUMBER ISSUE DATE
- ------- ----------- ------ ----------
The Safe Seal Company, Inc. FRICTION WELDING APPARATUS 5,558,265 2/4/94
(Apparatus)
The Safe Seal Company, Inc. FRICTION WELDING APPARATUS 5,735,447 9/23/96
(Method)
The Safe Seal Company, Inc. METHOD AND APPARATUS TO 5,062,439 6/14/90
FACILITATE THE INJECTION OF
SEALANT INTO A PRESSURIZED
FLUID MEMBER
The Safe Seal Company, Inc METHOD AND APPARATUS TO 5,052,427 9/20/90
FACILITATE THE INJECTION OF RE 35116
SEALANT INTO A PRESSURIZED
FLUID MEMBER
Innovative Valve NONE
Technologies, Inc.
Plant Maintenance, Inc. NONE
Varco Valve, Inc. NONE
Colonial Equipment & NONE
Service Co., Inc.
CECORP, Inc. NONE
DIVT Acquisition-Delaware, NONE
LLC
DIVT Subsidiary, LLC NONE
Southern Valve Service, Inc. NONE
L.T. Koppl Industries NONE
Harley Industries, Inc. NONE
Koppl Company of Arizona NONE
Seeley & Jones, Incorporated NONE
GSV, Inc. NONE
IPSCO-Florida, Inc. NONE
International Piping NONE
Sevices Company
Cypress Industries, Inc. NONE
DALCO, LLC NONE
Plant Specialties, Inc. NONE
Energy Maintenance, Inc. NONE
18
90
PATENT
GRANTOR PATENT NAME NUMBER ISSUE DATE
- ------- ----------- ------ ----------
Preventive Maintenance, Inc. NONE
Production Machine NONE
Incorporated
ICE Liquidating, Inc. NONE
Valve Repair of South NONE
Carolina, Inc.
Flickinger-Benicia Inc. NONE
Puget Investments, Inc. NONE
Steam Supply & Rubber Co., NONE
Inc.
Flickinger Company NONE
Boyden Inc. NONE
Valve Actuation & Repair NONE
Company, Inc.
19
91
B. INVATEC PATENTS
2. U.S. PATENT APPLICATIONS
NONE
3. NON-U.S. PATENT REGISTRATIONS
GRANTOR PATENT NAME COUNTRY PATENT NUMBER ISSUE DATE
- ------- ----------- ------- ------------- ----------
The Safe Seal METHOD AND APPARATUS TO Australia 659607 issue date 6/14/95
Company, Inc. FACILITATE THE INJECTION OF
SEALANT INTO A PRESSURIZED Europe EP 053839-B1 issue date 6/14/96
FLUID MEMBER
Innovative Valve NONE
Technologies, Inc.
Plant Maintenance, NONE
Inc.
Varco Valve, Inc. NONE
Colonial Equipment NONE
& Service Co., Inc.
CECORP, Inc. NONE
DIVT NONE
Acquisition-Delaware,
LLC
DIVT Subsidiary, LLC NONE
Southern Valve NONE
Service, Inc.
L.T. Koppl NONE
Industries
Harley Industries, NONE
Inc.
Koppl Company of NONE
Arizona
Seeley & Jones, NONE
Incorporated
GSV, Inc. NONE
IPSCO-Florida, Inc. NONE
International NONE
Piping Sevices
Company
Cypress Industries, NONE
Inc.
DALCO, LLC NONE
20
92
GRANTOR PATENT NAME COUNTRY PATENT NUMBER ISSUE DATE
- ------- ----------- ------- ------------- ----------
Plant Specialties, NONE
Inc.
Energy Maintenance, NONE
Inc.
Preventive NONE
Maintenance, Inc.
Production Machine NONE
Incorporated
ICE Liquidating, NONE
Inc.
Valve Repair of NONE
South Carolina, Inc.
Flickinger-Benicia NONE
Inc.
Puget Investments, NONE
Inc.
Steam Supply & NONE
Rubber Co., Inc.
Flickinger Company NONE
Boyden Inc. NONE
Valve Actuation & NONE
Repair Company, Inc.
21
93
B. INVATEC PATENTS
4. NON-U.S. PATENT APPLICATIONS
PATENT
GRANTOR PATENT NAME COUNTRY APPLICATION NUMBER FILING DATE
------- ----------- ------- ------------------ -----------
The Safe Seal FRICTION WELDING Canada pending 2/3/95
Company, Inc. APPARATUS India pending 2/3/95
The Safe Seal METHOD AND APPARATUS TO Japan pending 6/14/91
Company, Inc. FACILITATE THE
INJECTION OF SEALANT
INTO A PRESSURIZED
FLUID MEMBER
Innovative Valve NONE
Technologies, Inc.
Plant Maintenance, NONE
Inc.
Varco Valve, Inc. NONE
Colonial Equipment NONE
& Service Co., Inc.
CECORP, Inc. NONE
DIVT NONE
Acquisition-Delaware,
LLC
DIVT Subsidiary, LLC NONE
Southern Valve NONE
Service, Inc.
L.T. Koppl NONE
Industries
Harley Industries, NONE
Inc.
Koppl Company of NONE
Arizona
Seeley & Jones, NONE
Incorporated
GSV, Inc. NONE
IPSCO-Florida, Inc. NONE
International NONE
Piping Services
Company
Cypress Industries, NONE
Inc.
DALCO, LLC NONE
22
94
PATENT
GRANTOR PATENT NAME COUNTRY APPLICATION NUMBER FILING DATE
------- ----------- ------- ------------------ -----------
Plant Specialties, NONE
Inc.
Energy Maintenance, NONE
Inc.
Preventive NONE
Maintenance, Inc.
Production Machine NONE
Incorporated
ICE Liquidating, NONE
Inc.
Valve Repair of NONE
South Carolina, Inc.
Flickinger-Benicia NONE
Inc.
Puget Investments, NONE
Inc.
Steam Supply & NONE
Rubber Co., Inc.
Flickinger Company NONE
Boyden Inc. NONE
Valve Actuation & NONE
Repair Company, Inc.
23
95
C. IDP PATENTS
1. U.S. PATENT REGISTRATIONS
(All Ingersoll-Dresser Pump Company Intellectual Property to be assigned
to Flowserve Management Company immediately after Closing).
GRANTOR PATENT PATENT NUMBER ISSUE DATE
------- ------ ------------- ----------
Ingersoll- IMPELLAR FOR 2068854
Dresser Pump CENTRIFUGAL 5192193 3/9/1993
Company PUMPS
Ingersoll- MAGNETICALLY 5248245 9/28/1993
Dresser Pump COUPLED
Company CENTRIFUGAL
PUMP WITH
IMPROVED
COOLING AND
LUBRICATION
Ingersoll- CENTRIFUGAL 5344285 9/6/1994
Dresser Pump PUMP WITH
Company MONOLITHIC
DIFFUSER AND
RETURN VANE
CHANNEL RING
MEMBER
Ingersoll- CENTRIFUGAL 5456577 10/10/1995
Dresser Pump PUMP WITH
Company RESILIENTLY
BIASING DIFFUSER
Ingersoll- CENTRIFUGAL 5385445 1/31/1995
Dresser Pump PUMP
Company
Ingersoll-
Dresser Pump BUSHING 357030 4/14/1995
Company
Ingersoll- CAVITATION 5514329 5/7/1996
Dresser Pump RESISTANT FLUID
Company IMPELLERS AND
METHOD FOR
MAKING SAME
Ingersoll- CENTRIFUGAL 5871332 2/16/1999
Dresser Pump PUMP
Company
Ingersoll- FLUID JET 5816505 10/6/1998
Dresser Pump DECOKING TOOL
Company
Ingersoll- OPEN BOWL FOR A ALLOWED 11/30/1999
Dresser Pump VERTICAL 5993153
Company TURBINE PUMP
24
96
GRANTOR PATENT PATENT NUMBER ISSUE DATE
------- ------ ------------- ----------
Ingersoll- CONSTANT FLOW CASCADE 5779005 7/14/1998
Dresser Pump LUBRICATION
Company SYSTEM
Ingersoll- FRONT- REMOVABLE BEARING 5944482 8/31/1999
Dresser Pump HOUSING FOR VERTICAL
Company TURBINE PUMP
Ingersoll- MULTI-STAGE VERTICAL ALLOWED
Dresser Pump TURBINE PUMP
Company WITH COMMINUTION
Ingersoll- ROTO-DYNAMIC 4375937 3/8/1983
Dresser Pump PUMP WITH
Company BACKFLOW
RECIRCULATOR
Ingersoll- PUMPING APPARATUS 4557669 12/10/1985
Dresser Pump
Company
Ingersoll- PUMPING SYSTEM 4570833 2/18/1986
Dresser Pump
Company
Ingersoll- PUMP WITH REPLACEABLE 4614481 9/30/1986
Dresser Pump CARTRIDGE
Company
Ingersoll- PUMPING SYSTEM WITH 4685592 8/11/1987
Dresser Pump CONTROL VALVE
Company
Ingersoll- RETURNABLE CONTAINER SYSTEM 4804109 2/14/1989
Dresser Pump
Company
Ingersoll- DETACHABLE CHEMICAL SPRAYER 4826083 5/2/1989
Dresser Pump
Company
Ingersoll- QUICK AND DRY 4986304 1/22/1991
Dresser Pump COUPLING 5168897 12/8/1992
Company 5092363 3/3/1992
Ingersoll- JOURNAL BEARING 5683185 11/4/1997
Dresser Pump RETAINER
Company SYSTEM WITH
ECCENTRIC
LOCK
Ingersoll- TAMPER EVIDENT 5160054 11/3/1992
Dresser Pump VENT SYSTEM
Company FOR CONTAINERS
Ingersoll- Dresser Pump COMPACT INTERBOWL ASSEMBLY 5921750 7/13/1999
Company COUPLED FOR VERTICAL
25
97
GRANTOR PATENT PATENT NUMBER ISSUE DATE
------- ------ ------------- ----------
TURBINE PUMPS
Ingersoll- FITTING FOR 5186365 2/16/1993
Dresser Pump EMPTYING A
Company CONTAINER
Ingersoll- SEAL ENGAGING 5184747 2/9/1993
Dresser Pump RING 354681
Company 358988
Ingersoll- SEALLESS PUMP 5297940 3/29/1994
Dresser Pump CORROSION
Company DETECTOR
Ingersoll- MAGNETICALLY 5269664 12/14/1993
Dresser Pump COUPLED
Company CENTRIFUGAL
PUMP
Ingersoll- PUMP W/FAILURE 5366351 11/12/1994
Dresser Pump RESPONSIVE 5450987 9/19/1995
Company DISCHARGE
VALVE
Ingersoll- SYSTEM FOR 5638285 6/10/1997
Dresser Pump DISPENSING DRY
Company AGRICULTURAL
CHEMICALS
Ingersoll- METHOD FOR 5737221 4/7/1998
Dresser Pump DISPENSING DRY
Company GRANULAR
MATERIALS
Ingersoll- METERING DEVICE 5524794 6/11/1996
Dresser Pump FOR GRANULAR
Company MATERIALS
Ingersoll- POWER 5539669 7/23/1996
Dresser Pump SEQUENCING
Company METHOD FOR
ELECTRO-
MECHANICAL
DISPENSING DEVICE
Ingersoll- ENCAPSULATED 5831364 11/3/1998
Dresser Pump MAGNET CARRIER
Company
Ingersoll- METHOD FOR 5964028 10/12/1999
Dresser Pump MAKING AN
Company ENCAPSULATED
MAGNET CARRIER
Ingersoll- BEARING AND 5667357 9/16/1997
Dresser Pump Company SEAL PERCOLATOR FOR A
CENTRIFUGAL
PUMP
Ingersoll- CENTRIFUGAL
Dresser Pump PUMP
Company
Ingersoll- PUMP IMPELLER 5605444 2/25/1997
Dresser Pump HAVING SEPARATE
Company OFFSET INLET
26
98
GRANTOR PATENT PATENT NUMBER ISSUE DATE
------- ------ ------------- ----------
VANES
Ingersoll- CENTRIFUGAL 6012909 1/11/2000
Dresser Pump PUMP WITH AN
Company AXIAL-FIELD
INTEGRAL MOTOR
COOLED BY
WORKING FLUID
Ingersoll- SYSTEM FOR 5641011 6/24/1999
Dresser TRANSPORTING
Pump AND DISPENSING
COMPANY GRANULAR
MATERIALS (2385-
ID-IP and 2450-
ID0IP WERE
COMBINED INTO
THIS DOCKET)
Ingersoll- DIAPHRAGM FOR 5951267 9/14/1999
Dresser Pump SEAL-LESS
Company INTEGRAL-MOTOR
PUMP (PIERCEY
FROM KAMAN
ELECTRO-MAGNETICS
HUSON, MA)
Ingersoll- POLYMER-BACKED 6024494
Dresser Pump Company THRUST BEARINGS
Ingersoll- TRANSFER VALVE 5687782 11/18/1997
Dresser Pump FOR A GRANULAR
Company MATERIALS
DISPENSING
SYSTEM
Ingersoll- INTEGRAL CLOSE 5788473 8/4/1998
Dresser Pump COUPLING FOR A
Company ROTARY GEAR
PUMP
Ingersoll- BUTTONS FOR 5927860 7/27/1999
Dresser Pump PRODUCT
Company LUBRICATED
THRUST
BEARINGS
Ingersoll- COLUMN INSERT 4391475 7/15/1983
Dresser Pump Company BEARING HOUSING
Ingersoll- FIBER-FILLED 4767277 8/30/1998
Dresser Pump Company POLYMER IMPELLER
Ingersoll- LUBRICATION 4466508 8/21/1984
Dresser Pump Company DEVICE
Ingersoll- HIGH SPEED 4389160 6/21/1983
Dresser Pump CENTRIFUGAL PUMP
27
99
GRANTOR PATENT PATENT NUMBER ISSUE DATE
------- ------ ------------- ----------
Company AND METHOD FOR
OPERATING SAMEAT AT
REDUCED NOISE LEVELS
Ingersoll- DECOKING TOOL 4738399 4/19/1988
Dresser Pump
Company
Ingersoll- Dresser Pump SINGLE ACTING PUMP WITH 4762051 8/9/1998
Company DOUBLE ACTING
DRIVE
Ingersoll- CENTRIFUGAL 4818177 4/4/1989
Dresser Pump Company PUMP WITH INTEGRAL SUCTION
VALVE
Ingersoll- CENTRIFUGAL 6012909 1/11/2000
Dresser Pump PUMP WITH AN
Company AXIAL-FIELD
INTEGRAL MOTOR
COOLED BY
WORKING FLUID
IDP Alternate Energy NONE
Company
Energy Hydro, Inc. NONE
Pump Investments, Inc. NONE
28
100
C. IDP PATENTS
2. U.S. PATENT APPLICATIONS
(All Ingersoll-Dresser Pump Company Intellectual Property to be assigned
to Flowserve Management Company immediately after Closing).
PATENT APPLICATION
GRANTOR PATENT NUMBER FILING DATE
------- ------ ------------------ -----------
Ingersoll- FORCED CLOSED-LOOP PENDING
Dresser Pump COOLING FOR A SUBMERSIBLE
Company PUMP MOTOR
Ingersoll- SEAL LESS PENDING
Dresser Pump INTEGRAL-MOTOR
Company PUMP WITH
REGENERATIVE
IMPELLER DISK
Ingersoll- COMPACT SEAL- PENDING
Dresser Pump Company LESS SCREW PUMP
Ingersoll- SEALLESS PENDING
Dresser Pump MULTIPHASE
Company SCREW PUMP-AND-
MOTOR PACKAGE
IDP Alternate Energy NONE
Company
Energy Hydro, Inc. NONE
Pump Investments, Inc. NONE
29
101
C. IDP PATENTS
3. NON- U.S. PATENT REGISTRATIONS
(AllIngersoll-Dresser Pump Company Intellectual Property assigned
to Flowserve Management Company immediately after Closing).
PATENT PATENT
GRANTOR TITLE COUNTRY NUMBER ISSUE DATE
- ------- ------ ------- ------ ----------
Ingersoll- CENTRIFUGAL AU 617505
Dresser Pump PUMP CA 1308959
Company DE 3925890
FR 89/10674
GB 2222207
IT 1231299
JP 2097093
Ingersoll- INTEGRAL MOTOR- AU 651399
Dresser Pump PUMP DE 69105211.5
Company EP 0551435
FR 0551435
GB 0551435
IT 0551435
JP 2546943
KR 171871
WO NATIONAL
Ingersoll- IMPELLAR FOR CN 92104767.3
Dresser Pump CENTRIFUGAL GB 2256901
Company PUMPS KR 114513
Ingersoll- CENTRIFUGAL CH 689400
Dresser Pump PUMP WITH GB 2283059
Company MONOLITHIC
DIFFUSER AND
RETURN VANE
CHANNEL RING
MEMBER
Ingersoll- CAVITATION AU 683389
Dresser Pump RESISTANT FLUID CN 95193829.0
Company IMPELLERS AND DE 69502609.7
METHOD FOR EP 0769077
MAKING SAME ES 0769077
FR 0769077
GB 0769077
IT 0769077
MX 190354
NL 0769077
'IW NI-077754
WO NATIONAL
ZA 95/5296
Ingersoll- CENTRIFUGAL GB 2290113
Dresser Pump PUMP IT 1275286
Company
30
102
PATENT PATENT
GRANTOR TITLE COUNTRY NUMBER ISSUE DATE
- ------- ------ ------- ------ ----------
Ingersoll- FLUID JET WO NATIONAL
Dresser Pump DECOKING TOOL
Company
QUICK AND DRY JP 2701088
COUPLING
Ingersoll- TAMPER EVIDENT VENT SYSTEM JP WO 2811370 NATIONAL
Dresser Pump FOR CONTAINERS
Company
Ingersoll- BEARING AND SEAL GB 2310690
Dresser Pump PERCOLATOR FOR A
Company CENTRIFUGAL
PUMP
Ingersoll- PUMP IMPELLER AU 712130
Dresser Pump HAVING SEPARATE TW NI-097639
Company OFFSET INLET WO NATIONAL
VANES
Ingersoll- SYSTEM FOR WO NATIONAL
Dresser Pump TRANSPORTING
Company AND DISPENSING
GRANULAR
MATERIALS (2385-
ID-IP AND 2450-
ID0IP WERE
COMBINED INTO
THIS DOCKET)
Ingersoll- LUBE OIL RING CA 1237679
Dresser Pump PUMP
Company
Ingersoll- HIGH PRESSURE EP 0378645
Dresser Pump RECIPROCATING WO NATIONAL
Company PUMP
IDP Alternate NONE
Energy Company
Energy Hydro, Inc. NONE
Pump Investments, NONE
Inc.
31
103
C. IDP PATENTS
4. NON- U.S. PATENT APPLICATIONS
(All Ingersoll-Dresser Pump Company Intellectual Property to be assigned
to Flowserve Management Company immediately after Closing).
PATENT APPLICATION
GRANTOR PATENT TITLE COUNTRY NUMBER FILING DATE
- ------- ------------ ------- ------------------ -----------
Ingersoll- CENTRIFUGAL DE PENDING
Dresser Pump PUMP WITH JP PENDING
Company MONOLITHIC
DIFFUSER AND
RETURN VANE
CHANNEL RING
MEMBER
Ingersoll- CAVITATION CA PENDING
Dresser Pump RESISTANT FLUID IN PENDING
Company IMPELLERS AND KR PENDING
METHOD FOR
MAKING SAME
Ingersoll- CENTRIFUGAL CA PENDING
Dresser Pump PUMP DE PENDING
Company JP PENDING
Ingersoll- FLUID JET CA PENDING
Dresser Pump DECOKING TOOL EP PUBLISHED
Company IN PENDING
JP PENDING
MX PENDING
TW PENDING
VE PENDING
Ingersoll- DIVERTER VALVE JP PENDING
Dresser Pump WITEI CUT-OFF MX PENDING
Company AND BLEED NL PENDING
FUNCTIONS
Ingersoll- OPEN BOWL FOR A VERTICAL JP PENDING
Dresser Pump TURBINE PUMP MS PENDING
Company NL PENDING
CA PENDING
EG PENDING
TH PENDING
Ingersoll- CONSTANT FLOW CASCADE BR PENDING
Dresser Pump LUBRICATION CA PENDING
Company CN PENDING
EP PUBLISHED
IN PENDING
Ingersoll- FRONT- REMOVABLE BEARING CA PENDING
Dresser Pump HOUSING FOR VERTICAL EG PENDING
Company TURBINE PUMP TH PENDING
32
104
PATENT APPLICATION
GRANTOR PATENT TITLE COUNTRY NUMBER FILING DATE
- ------- ------------ ------- ------------------ -----------
Ingersoll- FORCED CLOSED- BR PENDING
Dresser Pump LOOP COOLING CA PENDING
Company FOR A EP PENDING
SUBMERSIBLE JP PENDING
PUMP MOTOR
Ingersoll- COMPACT CA PENDING
Dresser Pump INTERBOWL
Company ASSEMBLY
COUPLED FOR
VERTICAL TURBINE PUMPS
Ingersoll- MAGNETICALLY COUPLED DE PENDING
Dresser Pump CENTRIFUGAL JP PENDING
Company PUMP
Ingersoll- MATERIAL CA PENDING
Dresser Pump DISPENSING SYSTEM
Company
Ingersoll- POWER CA PENDING
Dresser Pump SEQUENCING
Company METHOD FOR
ELECTRO-
MECHANICAL DEVICE
Ingersoll- ENCAPSULATED MAGNET CARRIER CA PENDING PENDING
Dresser Pump GB
Company
Ingersoll- BEARING AND CA PENDING
Dresser Pump SEAL PERCOLATOR
Company FOR A
CENTRIFUGAL PUMP
Ingersoll- PUMP IMPELLER
Dresser Pump HAVING SEPARATE CA PENDING
Company OFFSET INLET CN PUBLISHED
VANES EP PENDING
Ingersoll- CENTRIFUGAL DE PENDING
Dresser Pump PUMP WITH AN GB PUBLISHED
Company AXIAL-FIELD JP PENDING
INTEGRAL MOTOR
COOLED
Ingersoll- SYSTEM FOR JP PENDING
Dresser Pump TRANSPORTING MX PENDING
Company AND DISPENSING WO NATIONAL
GRANULAR
MATERIALS (2385-
ID-IP AND 2450-
ID0IP WERE
COMBINED INTO
THIS DOCKET)
33
105
PATENT APPLICATION
GRANTOR PATENT TITLE COUNTRY NUMBER FILING DATE
- ------- ------------ ------- ------------------ -----------
Ingersoll- DIAPHRAGM FOR GB PUBLISHED
Dresser Pump SEAL-LESS
Company INTEGRAL-MOTOR
PUMP (PIERCEY
FROM KAMAN
ELECTRO-MAGNETICS
HUSON, MA)
Ingersoll- TRANSFER VALVE CA PENDING
Dresser Pump FOR A GRANULAR
Company MATERIALS
DISPENSING
SYSTEM
Ingersoll- INTEGRAL CLOSE CA PENDING
Dresser Pump COUPLING FOR A
Company ROTARY GEAR
PUMP
Ingersoll- BUTTONS FOR GB PUBLISHED
Dresser Pump PRODUCT
Company LUBRICATED
THRUST BEARINGS
Ingersoll- COMPACT SEAL- CA PENDING
Dresser Pump LESS SCREW PUMP EP PUBLISHED
Company VE PENDING
Ingersoll- CENTRIFUGAL DE PENDING
Dresser Pump PUMP WITH AN GB PUBLISHED
Company AXIAL-FIELD JP PENDING
INTEGRAL MOTOR
COOLED BY
WORKING FLUID
IDP Alternate NONE
Energy Company
Energy Hydro, Inc. NONE
Pump Investments, NONE
Inc.
34