Consent, Agreement and Affirmation of Guaranty by Multiple Guarantors Regarding Twelfth Amendment to Loan Documents
This agreement involves several guarantor companies who confirm their consent to the terms of a Twelfth Amendment to existing loan documents. The guarantors reaffirm that their obligations and liabilities under the original loan documents remain unchanged, except as specifically modified by the amendment. They also confirm that the security interests and liens securing the loans continue to be valid and enforceable. The agreement is signed by the listed guarantor entities through an authorized representative.
Exhibit 10.2
CONSENT, AGREEMENT AND AFFIRMATION OF GUARANTY
Each of the undersigned Guarantors hereby consents to the terms of the foregoing Twelfth Amendment and agrees that the terms of the Twelfth Amendment shall not affect in any way its obligations and liabilities under any Loan Document (as such Loan Documents are amended or otherwise expressly modified by the Twelfth 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 Twelfth 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) and that such security interests and Liens remain in full force and effect.
| 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 FIRST ALERT, INC. HEARTHMARK, LLC HOLMES MOTOR CORPORATION JARDEN ACQUISITION I, LLC JARDEN ZINC PRODUCTS, LLC JT SPORTS LLC K2 INC. K-2 CORPORATION KANSAS ACQUISITION CORP. L.A. SERVICES, INC. LASER ACQUISITION CORP. LEHIGH CONSUMER PRODUCTS LLC LOEW-CORNELL, LLC MARKER VOLKL USA, INC. MARMOT MOUNTAIN, LLC MIKEN SPORTS, LLC NIPPON COLEMAN, INC. OUTDOOR TECHNOLOGIES CORPORATION PENN FISHING TACKLE MFG. CO. PURE FISHING, INC. QUOIN, LLC RAWLINGS SPORTING GOODS COMPANY, INC. 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 USPC HOLDING, INC. | ||||
| By: | /s/ John E. Capps | |||
| Name: | John E. Capps | |||
| Title: | Vice President | |||
