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Date of Report (Date of Earliest Event Reported):
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September 13, 2013
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Ohio
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001-15885
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34-1919973
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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6070 Parkland Blvd., Mayfield Hts., Ohio
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44124
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code:
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216-486-4200
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Exhibit Number
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Description of Exhibit
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10.1
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Amendment No. 4 to Third Amended and Restated Precious Metals Agreement, dated as of September 13, 2013.
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Materion Corporation
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September 18, 2013
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By:
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/s/ Michael C. Hasychak
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Michael C. Hasychak
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Vice President, Treasurer and Secretary
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Leverage Ratio
(Exclusive of Consignment) |
Applicable Margin
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>3.75x
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3.25%
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< or = 3.75x but >2.50x
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2.75%
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< or = 2.50x but >1.25x
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2.00%
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< or = 1.25x
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1.75%
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CUSTOMERS
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MATERION CORPORATION
By:
/s/ Michael C. Hasychak
Michael C. Hasychak
Vice President, Treasurer and Secretary |
MATERION ADVANCED MATERIALS TECHNOLOGIES AND SERVICES INC.
By:
/s/ Michael C. Hasychak
Michael C. Hasychak
Vice President, Treasurer and Secretary |
MATERION TECHNICAL MATERIALS INC.
By:
/s/ Michael C. Hasychak
Michael C. Hasychak
Vice President, Treasurer and Secretary |
MATERION BRUSH INC.
By:
/s/ Michael C. Hasychak
Michael C. Hasychak
Vice President, Treasurer and Secretary |
MATERION TECHNOLOGIES INC.
By:
/s/ Michael C. Hasychak
Michael C. Hasychak
Chief Financial Officer and Secretary |
MATERION BREWSTER LLC
By:
/s/ Michael C. Hasychak
Michael C. Hasychak
Treasurer |
MATERION PRECISION OPTICS AND THIN FILM COATINGS CORPORATION
By:
/s/ Gary W. Schiavoni
Gary W. Schiavoni
Secretary |
MATERION LARGE AREA COATINGS LLC
By:
/s/ Gary W. Schiavoni
Gary W. Schiavoni
Asst. Secretary and Asst. Treasurer
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MATERION ADVANCED MATERIALS TECHNOLOGIES AND SERVICES CORP.
By:
/s/ Gary W. Schiavoni
Gary W. Schiavoni
Asst. Secretary and Asst. Treasurer
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MATERION ADVANCED MATERIALS TECHNOLOGIES AND SERVICES LLC
By:
/s/ Donald G. Klimkowicz
Donald G. Klimkowicz
Manager
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METAL LENDER
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THE BANK OF NOVA SCOTIA
By:
/s/ Bimal Das
Name:
Bimal Das
Title:
Managing Director
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By:
/s / Sangeeta Shah
Name:
Sangeeta Shah
Title:
Associate Director
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Lender
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Description
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Secured Assets
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Amount
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Credit Facilities
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JP Morgan Chase
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Senior Credit Agreement (including Letters of Credit and Subfacilities)
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All assets
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N/A
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The Bank of Nova Scotia
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Revolving Credit Agreement between Materion Brush GmbH and The Bank of Nova Scotia. Facility is secured through a Comfort Letter issued by Materion Corporation
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All assets of Brush Wellman GmbH
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N/A
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Project Financing
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Cleveland-Cuyahoga County Port Authority
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Cleveland-Cuyahoga County Port Authority Taxable Development Revenue Bonds (Port of Cleveland Bond Fund) Series 2008A (Brush Wellman Inc. Project)
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Infrastructure and equipment purchased with bond proceeds
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$5,155,000
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State of Ohio
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State of Ohio Department of Development Research and Development Loan (Brush Wellman Inc. Project)
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Infrastructure and equipment purchased with state loan proceeds
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$5,000,000
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Dayton-Montgomery County Port Authority
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Open-End Mortgage and Security Agreement, dated as of April 1, 2011, from Materion Brush, Inc. to The Bank of New York Mellon Trust Company, N.A., for the benefit of Dayton-Montgomery County Port Authority
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125,400 square foot facility located at 14710 West Portage River Road, Elmore, Ohio, and all structures additions, improvements, appurtenances and herediments on or with respect to such real estate
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$2,000,000
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Toledo-Lucas County Port Authority, Ohio
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Open-End Mortgage and Security Agreement, dated as of April 1, 2011, from Materion Brush Inc. to The Bank of New York Mellon Trust Company, N.A., for the benefit of Toledo-Lucas County Port Authority
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125,400 square foot facility located at 14710 West Portage River Road, Elmore, Ohio, and all structures additions, improvements, appurtenances and herediments on or with respect to such real estate
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$6,000,000
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Lorain Port Authority
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Variable Rate Demand Industrial Development Revenue Bond, Series 1996, Brush Wellman Project
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Lorain, Ohio facility financing
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$8,305,000
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Hedge Agreements
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JP Morgan Chase
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Foreign Exchange Contracts between JP Morgan Chase and Materion Brush Inc.
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All assets
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Variable
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Fifth Third Bank
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Foreign Exchange Contracts between Fifth Third Bank and Materion Brush Inc.
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All assets
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Variable
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Key Bank
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Utility Hedge Contracts between Key Bank and Materion Corporation
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All assets
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Variable
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RBS Citizens
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Foreign Exchange Contracts between RBS Citizens and Materion Corporation
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All assets
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Variable
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Bank of America, N.A.
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Foreign Exchange Contracts between LaSalle Bank N.A. and Materion Brush Inc.
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All assets
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Variable
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Wells Fargo Bank N.A.
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Foreign Exchange Contracts between Wells Fargo Bank N.A. and Materion Brush Inc.
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All assets
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Variable
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Letters of Credit
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JPM Reference Number
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Booking Party Name
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Beneficiary Name
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Outstanding Amount
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Issue / Advising Date
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CTCS-328002
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Materion Corporation
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State of Wisconsin Department of Health and Family Services
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$483,781.00
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June 18, 2007
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CTCS-623997
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Materion Corporation
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The Huntington National Bank
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$515,500.00
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June 17, 2008
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CTCS-626207
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Materion Corporation
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The Bank of Nova Scotia
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$20,000,000.00
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April 26, 2005
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CTCS-634321
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Materion Corporation
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Zurich American Insurance Company
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$1,950,000.00
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February 25, 2004
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CTCS-634339
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Materion Corporation
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Dresdner Bank A.G.
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$320,000.00
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April 27, 2004
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CTCS-634359
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Materion Corporation
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Utah Division of Oil, Gas and Mining
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$1,398,000.00
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October 21, 2004
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CTCS-634364
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Materion Corporation
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National Union Fire Insurance Co
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$173,000.00
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November 5, 2004
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CTCS-634379
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Materion Corporation
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Utah Division of Solid & Hazardous Waste
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$90,207.00
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February 23, 2005
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CTCS-634605
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Materion Corporation
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Wells Fargo Bank, N.A.
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$8,557,600.00
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March 9, 2004
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CTCS-639816
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Materion Corporation
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Pennsylvania Department of Environmental Protection
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$320,000.00
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June 2, 2005
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CTCS-852654
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Materion Corporation
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Bank of America, N.A.
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$2,000,000.00
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June 15, 2010
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CTCS-927360
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Materion Corporation
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The Bank of New York Mellon Trust
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$800,000.00
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April 19, 2011
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CTCS-937025
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Materion Corporation
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Ohio Bureau Of Workers’ Compensation
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$425,000.00
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May 13, 2011
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CTCS-383405
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Materion Brush Inc.
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Sck.Cne Belgium
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$64,000.00
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May 16, 2013
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