REVISED SUMMARY LIST OF UNDERLYING DOCUMENTS
TO
SCHEDULES TO
STOCK PURCHASE AGREEMENT
AS OF 4/22/98
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SCHEDULE # UNDERLYING DOCUMENTS
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3.1; Organization and Good Standing - Organization Chart
- Letter, dated December 31, 1998
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3.2; Authority; No Conflict - Cross-references to other Schedules
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3.3; Capitalization - Voting Trust Agreements, dated March 15, 1996,
for the following parties:
James Stewart
Mark Stewart
Kathleen Stewart
Canadian Venture Capital Corporation
Barbara Karasiuk
- Letter Agreement, dated March 15, 1996, re BTL
Industries, Inc.
- Voting Trust Agreement, dated March __, 1996,
appointing Joseph Mooney as Voting Trustee
- Voting Trust Agreement, dated March __, 1996,
appointing Edward Mooney as Voting Trustee
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3.6; Properties; Encumbrances Deeds, indentures and/or other documents dated
and relating to the following properties:
- January 28, 1989 - Chester County (Tech Ctr)
- September 1, 1995 - Chester County (Trng Ctr)
- December 23, 1985 - Chester County (MPC Bldg)
- March 18, 1968 - Chester County (Kimberton Main)
- April 16, 1986 - Chester County (55 Acres)
- July 11, 1978 - Bergen County (NJ) (E.
- Rutherford)
- February 12, 1992 - York County (SC) (Rock Hill)
- September 16, 1980 - York County (Rock Hill)
- November 3, 1983 - Dallas County (TX) (Garland -
Main)
- January 8, 1991 - Dallas County (Garland - Whse)
- August 5, 1982 - Marion County (IN) (Indy)
- December 17, 1984 - Polk County (FL) (Bartow)
- October 6, 1977 - Saratoga County (NY)
(Waterford)
- October 5, 1989 - Rensselaer County (NY) (Troy)
April 6, 1992 - Mohave County (AZ)- October 11,
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1996 (Mirabel)
- Surveys delivered to Henry Company only
Leases dated and for the following properties:
- April 5, 1995 (Costa Mesa, CA)
- December 23, 1995 (Irvington, N.J.), including
addendum to Lease Agreement
- December 7, 1993 (VSP & St. Antoine)
- May 26, 1988 (Petrolia)
- February 7, 1997 (Mississauga)
- June 6, 1995 (PNC Lease)
The following warehousing agreements:
- September 30, 1996 (Houston, TX)
- September 30, 1997 (Agreement in French)
- Certain other warehousing letters or quotations
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Supplement to 3.6; Title Insurance - Title policies for the following properties:
Policies
Kimberton, PA (Vacant Land)
Kimberton, PA (Former MPC Building)
Kimberton, PA (Training Center)
Kimberton, PA (Corporate Headquarters)
Kimberton, PA (Tech Center/Warehouse)
East Rutherford, NJ
Rock Hill, SC (Main)
Rock Hill, SC (Vacant Land)
Garland, TX
Garland, TX (Warehouse)
Indianapolis, IN
Waterford, NY
Troy, NY (retail store)
Bartow, FL
Kingman, AZ
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3.6(b) Reference to Ville Ste. Pierre Operating
Certificate; December 19, 1997 letter from
Belanger Sauve
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3.7; Personal Property - Fixed Assets Report for Year 1997
- MPC Trucking -- Tractor Equipment Inventory
- Classification Summary - Petrolia
- Classification Summary - Ville St. Pierre
- Classification Summary - Mirabel
- List of Ville St. Pierre lab and customer
service equipment
- Letter dated September 19, 1997 re computer
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equipment
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3.8; Condition and Sufficiency of No documents included
Assets
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3.9; Accounts Receivable No documents included
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3.11; No Undisclosed Liabilities - List of U.S. and Canadian auto leases
- Bank of Butterfield letter of credit
- Cieba-Geigy letter of credit and amendment
- Tampa Electric Company letter of credit
- Application for letter of credit dated November
27, 1997
- June 19, 1997 letter re CSX Sidetrack Agreement
- Lists and agreements regarding leased equipment
- List of warranty items
- Metalshield warranty list
- List of Accrued Warranty Reserves
- Warranty list dated 3/9/98
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3.12; Tax Returns - Tax History as of February 10, 1998
- MB Holdings Inc. Tax Return Filing Status -
12/31/96
- Letter dated February 4, 1998 from Deloitte &
- Touche re Bakor Holdings and Bakor
- Letter dated February 5, 1998 from Deloitte &
Touche re Globe Vedag Corp., Globe-Vedag
Holdings and Bakor (Quebec)
- Letter dated June 15, 1995 from IRS
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3.13; Material Adverse Changes No documents included
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3.14; Employee Benefits - Basic Insurance Coverage Outline
- Letter dated December 18, 1997 re Laborer's
Industrial Pension Plan
- Premium Calculation Summary (Renewal Period
4/98 - 3/99)
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3.15; Compliance with Legal Reference to and listing of all permits is made
Requirements for reference purposes only. Copies of all
permits are included in a separate binder for
reference purposes.
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3.16; Legal Proceedings: Orders - Letter, dated December 17, 1997 from Rawle &
Henderson re asbestos litigation
- Memorandum dated January 16, 1998 re Open Legal
Actions
- Letter from M. P. Manning to Joseph McGovern,
Esq. dated November 26, 1997 re 7/25/97 Summons
in Rensselaer County
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- Letter dated August 27, 1997 from Kremblas,
Foster, Millard & Pollick
- Letter dated September 10, 1997 from Pantich,
Schwarz, Jacobs & Nadel, P.C.
- Letter from Stephanie van Boheemen dated August
10, 1997, and internal memos from M. P. Manning
re Isoltema patent infringement
- Letter, dated December 18, 1997 from Richard
Charles Hamburger, P.C.
- List of Potential Future Legal Proceedings
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3.17; Material Changes and Events - Appropriation Requests for expenditures dated
2/2/98, 12/5/97, 12/10/97, 12/19/97, 1/9/98
1/30/98 and 2/2/98
- Summary of Project Expenditures File Listing
dated 12/31/97
- List of Capital Expenditure Projects Underway
Year End 1997
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3.18(a)(i); Contracts - Agreement and Release dated September 14, 1990
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3.18(a)(ii); Contracts - Logistics Provider Agreement, dated March 12,
1997
- Supply letters or contracts with the following
companies:
Phoenix Container Inc.
Hercules, Inc.
Calfors Bruk
Eckart Aluminum L.P.
Reynolds Metal Company
Air Products and Chemicals, Inc.,
Letica Corporation
Kronos, Inc.
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3.18(a)(iv); Contracts - Lease Agreement, dated July 2, 1996 (Cal-Tex
Protective Coatings)
- Lease Agreement, dated July 24, 1997 (Leaman
Logistics)
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3.18(a)(v); Contracts - Agreement, dated April 1, 1997 (Local Union #57)
- Agreement, dated February 3, 1996 with UNITE
Union
- Memorandum, dated September 4, 1997 re 1997
Negotiation of Canadian benefits
- Collective Agreement - Ville St. Pierre
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3.18(a)(vii); Sales Representatives - Various Sales Representative agreements (as
listed on cover to Schedule section)
- Letter, dated November 30, 1995 re Ranger
Marketing
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3.18(a)(viii); Loan Agreements - Amended and Restated Loan Agreement, dated as of
July 26, 1996 (PNC loan)
- First Modification Agreement, dated May 1, 1997
(PNC loan)
- Second Modification Agreement, dated September
30, 1997 (PNC loan)
- Third Modification Agreement, dated February 27,
1998 (PNC loan)
- Loan Agreement, dated April 29, 1992 (AZ
Commerce and Economic Development Commission)
- Note, dated September 1, 1995 (Kulp note)
- Credit Agreement, dated February 27, 1995
(National Bank of Canada)
- Debenture dated February 18, 1994 (RoyNat, Inc.)
- Schedule of payments to CVCC
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3.19; Insurance - Murray Insurance Agency Summary of Insurance
dated 11/11/97
- Letter, dated July 3, 1997 from Morris &
MacKenzie re automobile insurance
- Letter, dated January 22, 1998 from Legion
Insurance Company re loss run as of December,
1997
- Letter, dated October 17, 1997 from Commonwealth
Risk re Insurance Profit Center Program
- Continental Loss Adjusting Services, Inc. report
dated December 31, 1997
- List of insurance policies for General
Liability, Excess Liability, Property,
Automobile and Workers' Compensation
- Letter, dated January 27, 1998 re MPC Trucking
loss runs
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3.20; Environmental Matters - Various documents relating to the matters
referred to in the Schedule section introductory
page, as amended
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3.21; Employees No documents included (excluding cross-references)
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3.22; Labor Relations Compliance No documents included
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3.23; Intellectual Property Assets - License Agreement, dated February 17, 1993
- Patent Report, January 1998
- List of Canadian registered trademarks and
patents
- Various patent and trademark documents
- Canadian trademarks re Bakor, Inc.
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3.24; Improper Payments No documents included; No schedule required
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3.25; Relationships with Related No documents included
Persons
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3.26; Title to Shares - Shareholders' Agreement, dated March 15, 1996
Agreement, dated March 15, 1996
Certain cross-references
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3.27; Customers and Suppliers List of High Volume Accounts for 1997, 1996 and 1995
(No Schedule title page included)
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