EXHIBIT 4.13.14
The taking of this document or any certified copy of it or any other document which constitutes substitute documentation for it, or any document which includes written confirmations or references to it, into Austria as well as printing out any e-mail communication which refers to this document in Austria or sending any e-mail communication to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail communication carrying an electronic or digital signature which refers to this document to an Austrian addressee may cause the imposition of Austrian stamp duty. Accordingly, keep the original document as well as all certified copies thereof and written and signed references to it outside of Austria and avoid printing out any e-mail communication which refers to this document in Austria or sending any e-mail communication to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail communication carrying an electronic or digital signature which refers to this document to an Austrian addressee.
     SUPPLEMENT NO. 14 (this “Supplement”) dated as of September 1, 2010 to the Collateral Agreement dated as of November 5, 2009 (the “Collateral Agreement”), among REYNOLDS GROUP HOLDINGS INC., a corporation organized under the laws of the state of Delaware (“RGHI”), REYNOLDS CONSUMER PRODUCTS HOLDINGS INC., a corporation organized under the laws of the state of Delaware (the “U.S. Term Borrower” and, together with RGHI, the “U.S. Term Borrowers”), CLOSURE SYSTEMS INTERNATIONAL HOLDINGS INC., a corporation organized under the laws of the state of Delaware (together with the U.S. Term Borrowers, the “Borrowers”), REYNOLDS GROUP ISSUER LLC, a limited liability company formed under the laws of the state of Delaware (the “U.S. Issuer”), REYNOLDS GROUP ISSUER INC., a corporation organized under the laws of the state of Delaware (the “U.S. Co-Issuer” and, together with the U.S. Issuer, the “Issuers”), each Subsidiary of Holdings from time to time party thereto (each such Subsidiary, the Borrowers and the Issuers are referred to collectively herein as the “Grantors”) and THE BANK OF NEW YORK MELLON, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties (as defined therein).
     A. Reference is made to (a) the Credit Agreement dated as of November 5, 2009, as amended by Amendment No. 1, dated as of January 21, 2010, as further amended by Amendment No. 2 and Incremental Term Loan Assumption Agreement, dated as of May 4, 2010 (as amended, extended, restructured, renewed, novated, supplemented, restated, refunded, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrowers, the European Borrowers (as defined therein), Holdings, the guarantors from time to time party thereto, the lenders from time to time party thereto, (the “Lenders”) and Credit Suisse AG (formerly known as Credit Suisse), as administrative agent (in such capacity, the “Administrative Agent”), (b) the Indenture dated as of November 5, 2009 (as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or otherwise modified from time to

 


 

time, the “Senior Secured Note Indenture”), among the Reynolds Group Escrow LLC, Reynolds Group DL Escrow Inc. and The Bank of New York Mellon, as trustee (in such capacity, the “Indenture Trustee”), principal paying agent, transfer agent and registrar and (c) the First Lien Intercreditor Agreement dated as of November 5, 2009, as amended by Amendment No. 1 and Joinder Agreement, dated as of January 21, 2010 (as amended, novated, supplemented, restated or modified from time to time, the “First Lien Intercreditor Agreement”), among the Collateral Agent, the Indenture Trustee, the Administrative Agent and the Loan Parties party thereto.
     B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms pursuant to the Collateral Agreement.
     C. The Grantors have entered into the Collateral Agreement in order to induce the Secured Parties to extend credit to the Grantors pursuant to the Loan Documents. Section 5.16 of the Collateral Agreement provides that additional U.S. Subsidiaries of Holdings may become Grantors under the Collateral Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned U.S. Subsidiary (the “New U.S. Subsidiary”) is executing this Supplement in accordance with the requirements of the Collateral Agreement and the other Loan Documents to become a Grantor under the Collateral Agreement in order to induce the Secured Parties to extend additional credit and as consideration for credit previously extended, in each case, under the Loan Documents.
     Accordingly, the Collateral Agent and the New U.S. Subsidiary agree as follows:
     SECTION 1. In accordance with Section 5.16 of the Collateral Agreement, the New U.S. Subsidiary by its signature below becomes a U.S. Grantor under the Collateral Agreement with the same force and effect as if originally named therein as a U.S. Grantor and the New U.S. Subsidiary hereby (a) agrees to all the terms and provisions of the Collateral Agreement applicable to it as a U.S. Grantor thereunder and (b) represents and warrants that the representations and warranties made by it as a U.S. Grantor thereunder are true and correct on and as of the date hereof. In furtherance of the foregoing, the New U.S. Subsidiary, as security for the payment and performance in full of the Obligations, does hereby create and grant to the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, their successors and assigns, a security interest in and lien on all of the New U.S. Subsidiary’s right, title and interest in and to the Collateral of the New U.S. Subsidiary to the extent provided in the Collateral Agreement. Each reference to a “Grantor” and “U.S. Grantor” in the Collateral Agreement shall be deemed to include the New U.S. Subsidiary. The Collateral Agreement is hereby incorporated herein by reference.
     SECTION 2. The New U.S. Subsidiary represents and warrants to the Collateral Agent and the other Secured Parties that this Supplement has been duly

A-2


 

authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms hereof.
     SECTION 3. This Supplement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Supplement shall become effective when the Collateral Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of the New U.S. Subsidiary and the Collateral Agent. Delivery of an executed signature page to this Supplement by facsimile transmission or other customary means of electronic transmission shall be effective as delivery of a manually signed counterpart of this Supplement.
     SECTION 4. The New U.S. Subsidiary hereby represents and warrants that (a) set forth on Schedule I attached hereto is a true and correct schedule of the information, with respect to such New U.S. Subsidiary, required by the Perfection Certificate the form of which is attached as Exhibit B to the Collateral Agreement and (b) set forth under its signature hereto, is the true and correct legal name of the New U.S. Subsidiary and its jurisdiction of organization.
     SECTION 5. Except as expressly supplemented hereby, the Collateral Agreement shall remain in full force and effect.
          SECTION 6. THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
     SECTION 7. In case any one or more of the provisions contained in this Supplement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Collateral Agreement 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 hereto 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 8. All communications and notices hereunder shall (except as otherwise permitted by the Collateral Agreement) be in writing and given as provided pursuant to Section 5.01 of the Collateral Agreement.
     SECTION 9. The New U.S. Subsidiary agrees to reimburse the Collateral Agent for its out-of-pocket expenses in connection with this Supplement, including the fees, other charges and disbursements of counsel for the Collateral Agent as provided in Section 5.06 of the Collateral Agreement,mutatismutandis.

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     SECTION 10. The New U.S. Subsidiary is a corporation duly incorporated under the law of Minnesota.

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     IN WITNESS WHEREOF, the New U.S. Subsidiary and the Collateral Agent have duly executed this Supplement to the Collateral Agreement as of the day and year first above written.
     
 ULTRA PAC, INC.
 
 
 By  /s/ Helen Golding   
  Name:  Helen Golding 
  Title:  Assistant Secretary 
  Address:  6641 West Broad Street, Richmond, VA 23230
Legal Name: Ultra Pac, Inc.
Jurisdiction of Formation: Minnesota 
 
 THE BANK OF NEW YORK MELLON, as
Collateral Agent
 
 
 By  /s/ Catherine F. Donohue   
  Name:  Catherine F. Donohue  
  Title:  Vice President  

A-5


 

     
Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 1
Names
     
    Change in Identity
  Other Legal Names or Corporate Structure Within
Grantor’s Exact Legal Name (including date of change) the Past 5 years
Ultra Pac, Inc. None None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 2(a)
Jurisdictions and Locations
         
      Organizational  
      Identification Chief Executive Office or
  Jurisdiction of Form of Number Registered Office Address
Grantor Organization Organization (if any) (including county)
Ultra Pac, Inc. Minnesota Corporation 5M-225 National Registered Agents, Inc.
590 Park Street, Suite 6,
St. Paul, MN 55102
(Ramsey County, Minnesota)

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 2(b)
Location of Other Persons that Possess Collateral
   
  Names and Addresses of Other Persons
  that Possess any Collateral (including
Grantor county)
Ultra Pac, Inc. None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 5
UCC Filings
   
Grantor UCC Filing Office/County Recorder’s Office
Ultra Pac, Inc. Office of the Secretary of State
Retirement Systems of Minnesota Building
60 Empire Drive, Suite 100
St. Paul, MN 55103

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 6
Stock Ownership and Other Equity Interests
         
      Number of Equity Percentage of
Grantor Issuer Certificate Number Interests Ownership
None        

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 7
Debt Instruments
         
Grantor Creditor Debtor Type Amount
None        

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 8
Mortgaged Property and Mortgage Filings
         
    Exact Name of    
Mortgaged Property Exact Name of Owner Record Owner Property Address Filing Office
None        

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 9(a)
Intellectual Property
Copyrights and Copyright Applications
COPYRIGHTS OWNED BY ULTRA PAC, INC.
U.S. Copyright Registrations
None
Pending U.S. Copyright Applications for Registration
None
Non-U.S. Copyright Registrations
None
Non-U.S. Pending Copyright Applications for Registration
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 9(b)
Intellectual Property
Patents and Patent Applications
PATENTS OWNED BY ULTRA PAC, INC.
U.S. Patents
             
Title Type Serial No. Patent No.
EASY OPEN PACKAGE  U   08/341,768   5,704,481 
             
Egg Container  D   29/038,527   D-371,961 
             
Egg Carton  D   29/040,185   D385,780 
             
Base For Angel Food Cakes  D   29/042,365   D371,964 
             
Clamshell Package For Cored Pineapple Fruit  D   29/021,944   D361,714 
             
Shrimp Package With Hinged Lid  D   29/029,304   D364,090 
             
Fruit Container  D   29/025,761   D-360,825 
             
Fruit Container  D   29/040,985   D-379,300 
             
Fruit Container  D   29/050,266   D-380,381 
             
Fruit Container  D   29/052,442   D-385,784 
             
Clamshell Container For Food Items  U   08/382,977   5,497,894 
             
Clamshell Container For Food Items  D   29/034,458   D-365,272 
             
Container for Herbs  D   29/030,361   D-363,022 
             
Bread Tray  D   29/028,296   D-361,514 
             
Blueberry Container  D   29/029,338   D-363,879 
             
BERRY BOX  D   29/024,458   D-361,035 
             
BERRY BOX  D   29/014,482   D-361,036 
             
Stackable Berry Container with Hinged Lid  D   29/045,260   D-377,450 
             
Stackable Berry Container with Hinged Lid  D   29/045,297   D-378,192 

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
       
Title Type Serial No. Patent No.
Cake Container D 29/048,590 D-374,820
       
Food Container (2 Serving) D 29/070,002 D-395,985
       
Food Container (4 Serving) D 29/069,948 D-395,796
       
Food Container D 29/041,784 D-371,940
       
Food Container D 29/044,128 D-376,314
       
Fruit Box U 08/193,433 5,590,805
       
Food Package With Hinged Lid D 29/014,051 D-351,999
       
Food Package With Hinged Lid D 29/014,058 D-354,436
       
Food Package With Hinged Lid D 29/014,055 D-354,435
       
SANDWICH CONTAINER D 29/009,434 D-349,050
       
LUNCH BOX D 29/009,749 D-349,633
       
PASTRY PACKAGE D 29/012,160 D-352,454
       
FRUIT CLAMSHELL CONTAINER D 29/005,991 D-346,552
       
STORAGE AND DISPLAY CONTAINER FOR FOOD D 29/005,651 D-346,554
       
TRAY FOR BAKED GOODS D 29/004,349 D-345,894
       
CONTAINER FOR BAKED FOOD PRODUCTS D 29/004,352 D-345,912
       
SNACK FOOD CONTAINER WITH LID D 07/919,122 D-344,660
       
BERRY BOX D 29/024,458 D-361,035
       
BERRY BOX D 29/014,482 D-361,036
       
Chicken Container D 29/073,173 D-394,807
       
Pie Container D 29/073,780 D-391,850
       
Vegetable Container D 29/084,690 D-421,695

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
U.S. Patent Applications
None
Non-U.S. Patents
           
Title Country Serial No. Patent No.
Clamshell Container For Food Items Argentina  62,716   62,716 
           
Clamshell Container For Food Items Mexico  95,741   9271 
           
Clamshell Container For Food Items New Zealand  26,877   26,877 
           
Blueberry Container Mexico  95/3348   186,156 
           
Stackable Container with Hinged Lid Australia  1076/1996   129,952 
           
A Stackable Berry Box Container with Hinged Lid New Zealand  27,524   27,524 
           
Food Container (2 Serving) Canada  1997-2635   85,264 
           
Food Container (4 Serving) Canada  1997-2636   84,760 
           
Food Container New Zealand  27,101   27,101 
           
Chicken Container Canada  1997-3145   85,286 
           
Fruit Box Australia  2249/94   122,837 
           
Fruit Box Mexico  947,264   187,322 
           
Vegetable Container Canada  1998-1981   85,896 
           
Box Australia  559/94   121,365 
           
Berry Box New Zealand  25,788   25,788 
Non-U.S. Patent Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 9(c)
Intellectual Property
Trademarks and Trademark Applications
TRADEMARK/TRADE NAMES OWNED BY ULTRA PAC, INC.
U.S. Trademark Registrations
         
Mark Reg. Date  Reg. No. 
ULTRA PAC 2-Dec-97  2,117,754 
ULTRA PAC 31-Aug-99  2,273,796 
CHICKEN COUPE 13-Oct-98  2,196,677 
ULTRALITE BAKEABLES 26-Sep-95  1,922,089 
PETEWICH 14-Feb-95  1,878,674 
SNACK CLAM 14-Jun-94  1,839,975 
SHO-BOWLS 17-Dec-91  1,668,553 
U.S. Trademark Applications
None
State Trademark Registrations
None
Non-U.S. Trademark Registrations
       
Country Mark Reg. Date Reg. No.
Australia ULTRA PAC 31-May-04 A631,148
 
Mexico ULTRA PAC
(and Design)
 31-Aug-95 503,026
 
New Zealand ULTRA PAC 18-May-01 B237,026
 
Australia SHO-BOWLS 6-Mar-96 A645,071
 
New Zealand SHO-BOWLS 23-Sep-01 241,359

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Non-U.S. Trademark Applications
None
Trade Names
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
LICENSES
I. Licenses/Sublicenses of Ultra Pac, Inc. as Licensor/Sublicensor on Date Hereof
A. Copyrights
U.S. Copyrights
None
Non-U.S. Copyrights
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
B. Patents
U.S. Patents
None
U.S. Patent Applications
None
Non-U.S. Patents
None
Non-U.S. Patent Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
C. Trademarks
U.S. Trademarks
None
U.S. Trademark Applications
None
Non-U.S. Trademarks
None
Non-U.S. Trademark Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
D. Others
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
II. Licenses/Sublicenses of Ultra Pac, Inc. as Licensee/Sublicensee on Date Hereof
A. Copyrights
U.S. Copyrights
None
Non-U.S. Copyrights
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
B. Patents
U.S. Patents
None
U.S. Patent Applications
None
Non-U.S. Patents
None
Non-U.S. Patent Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
U.S. Trademarks
None
U.S. Trademark Applications
None
Non-U.S. Trademarks
None
Non-U.S. Trademark Applications
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
D. Others
None

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 10
Commercial Tort Claims
         
Grantor/Plaintiff Defendant  Description 
None        

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 11
Deposit Accounts
             
  Depositary       
  Institution       
Grantor (including address)  Type of Account  Account Number 
None            

 


 

Schedule I to
Supplement No. 14 to the
Collateral Agreement
Schedule 12
Securities Accounts
            
  Intermediary      
  Institution      
Grantor (including address)  Type of Account  Account Number
None