Consent, Agreement and Affirmation of Guaranty by Multiple Guarantors Relating to Eleventh Amendment of Loan Documents
This agreement involves multiple guarantor companies who confirm their consent to the terms of an Eleventh Amendment to existing loan documents. The guarantors reaffirm that their obligations and liabilities under the original loan documents remain unchanged, except as specifically amended. They also confirm that the security interests and liens previously granted continue to secure the obligations, including those related to a local credit facility. The agreement is executed by the listed guarantor entities and signed by 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 Eleventh Amendment and agrees that the terms of the Eleventh 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 Eleventh 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 Eleventh 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 | |||
