Consent, Agreement and Affirmation of Guaranty and Pledge and Security Agreement by Jarden Corporation and Subsidiaries
Jarden Corporation and its listed subsidiaries agree to the terms of an amendment to their existing loan documents. The Guarantors confirm that their obligations and liabilities under the original loan agreements remain unchanged and fully enforceable, even after the amendment. They also reaffirm that the security interests and liens securing the loans continue in effect and still cover all obligations, including those related to local credit facilities. This document ensures that the lenders' rights and the Guarantors' responsibilities are preserved despite the changes made by the amendment.
Exhibit 10.2
CONSENT, AGREEMENT AND AFFIRMATION OF GUARANTY AND PLEDGE AND
SECURITY AGREEMENT
Each of the undersigned Guarantors hereby consents to the terms of the foregoing Amendment and agrees that the terms of the Amendment shall not impair or limit in any way its obligations and liabilities under any Loan Document (as such Loan Documents are amended or otherwise expressly modified by the Amendment), all of which obligations and liabilities shall remain in full force and effect and each of which is hereby reaffirmed (as amended or otherwise expressly modified by the Amendment). The Guarantors hereby confirm that the security interests and Liens granted pursuant to the Loan Documents continue to secure the Obligations (including the Local Credit Facility Obligations), as such Obligations may be modified pursuant to the foregoing Amendment, and that such security interests and Liens remain in full force and effect.
| JARDEN CORPORATION | ||
| By: | /s/ John E. Capps | |
| Name: | John E. Capps | |
| Title: | Executive Vice President - Administration, General Counsel and Secretary | |
| ALLTRISTA PLASTICS LLC | ||
| AMERICAN HOUSEHOLD, INC. | ||
| AUSTRALIAN COLEMAN, INC. | ||
| BICYCLE HOLDING, INC. | ||
| BRK BRANDS, INC. | ||
| CC OUTLET, INC. | ||
| COLEMAN INTERNATIONAL HOLDINGS, LLC | ||
| COLEMAN WORLDWIDE CORPORATION | ||
| ENVIROCOOLER, LLC | ||
| FIRST ALERT, INC. | ||
| HEARTHMARK, LLC | ||
| HOLMES MOTOR CORPORATION | ||
| JARDEN ACQUISITION I, LLC | ||
| JARDEN ZINC PRODUCTS, LLC | ||
| JT SPORTS LLC | ||
| K-2 CORPORATION | ||
| KANSAS ACQUISITION CORP. | ||
| L.A. SERVICES, INC. | ||
| LASER ACQUISITION CORP. | ||
| LEHIGH CONSUMER PRODUCTS LLC | ||
| LIFOAM HOLDINGS, LLC | ||
| LIFOAM INDUSTRIES, LLC | ||
| LIFOAM PACKAGING SOLUTIONS, LLC | ||
| LOEW-CORNELL, LLC | ||
| MARKER VOLKL USA, INC. | ||
| MARMOT MOUNTAIN, LLC | ||
| MIKEN SPORTS, LLC | ||
| NIPPON COLEMAN, INC. | ||
| OUTDOOR SPORTS GEAR, INC. | ||
| OUTDOOR TECHNOLOGIES CORPORATION | ||
| PENN FISHING TACKLE MFG. CO. | ||
| PURE FISHING, INC. | ||
| QMC BUYER CORP. | ||
| QUICKIE HOLDINGS, INC. | ||
| QUICKIE MANUFACTURING CORPORATION | ||
| QUOIN, LLC | ||
| RAWLINGS SPORTING GOODS COMPANY, INC. | ||
| REXAIR HOLDINGS, INC. | ||
| REXAIR LLC | ||
| SEA STRIKER, LLC | ||
| SHAKESPEARE COMPANY, LLC | ||
| SHAKESPEARE CONDUCTIVE FIBERS, LLC SI II, INC. | ||
| SITCA CORPORATION | ||
| SUNBEAM AMERICAS HOLDINGS, LLC | ||
| SUNBEAM PRODUCTS, INC. THE COLEMAN COMPANY, INC. | ||
| THE UNITED STATES PLAYING CARD COMPANY | ||
| THE YANKEE CANDLE COMPANY, INC. | ||
| USPC HOLDING, INC. | ||
| YANKEE CANDLE INVESTMENTS LLC | ||
| By: | /s/ John E. Capps | |
| Name: | John E. Capps | |
| Title: | Vice President | |
