UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 27, 2013
SEALED AIR CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 1-12139 | 65-0654331 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
200 Riverfront Boulevard Elmwood Park, New Jersey |
07407 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (201) 791-7600
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement.
On November 27, 2013, Sealed Air Corporation (the Company) amended (the Amendment) its senior secured credit facility (as so amended, the Amended Credit Agreement) with the lenders party thereto, Citibank, N.A., as agent, and the other parties thereto. The amendment refinanced the term loan B facilities with a $524.5 million term loan B dollar tranche and a 127.5 million term loan B euro tranche. In connection therewith, among other things, (i) the interest margin on each tranche was decreased by 0.75%, (ii) the minimum Eurocurrency rate under the term loan B facilities was reduced from 1.00% to 0.75%, and (iii) the Amendment provided for a six-month soft-call prepayment protection on the applicable term loan B tranches. The foregoing description of the Amended Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 hereto and incorporated by reference herein.
Forward-Looking Statements
This Current Report on Form 8-K and the information furnished herein contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by such words as anticipates, believes, plan, assumes, could, estimates, expects, intends, may, plans to, will and similar expressions. These statements reflect our beliefs and expectations as to future events and trends affecting our business, our consolidated financial position and our results of operations. A variety of factors may cause actual results to differ materially from these expectations, including general domestic and international economic and political conditions; changes in our raw material and energy costs; credit ratings; the success of restructuring plans; currency translation and devaluation effects, including Venezuela; the competitive environment; the effects of animal and food-related health issues; environmental matters; and regulatory actions and legal matters. For more extensive information, see Risk Factors and Cautionary Notice Regarding Forward-Looking Statements, which appear in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, and as revised and updated by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. While we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, whether as a result of new information, future events, or otherwise.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
10.1 |
Amendment No. 1, dated November 27, 2013, by and among Sealed Air Corporation and certain subsidiaries of Sealed Air Corporation party thereto, the lenders party thereto, Citibank, N.A., as agent, and the other parties thereto. |
2
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SEALED AIR CORPORATION | ||||||
Date: November 27, 2013 | By: |
/s/ Norman D. Finch Jr. |
||||
Name: | Norman D. Finch Jr. | |||||
Title: | Vice President, General Counsel and Secretary |
3
Exhibit Index
10.1 | Amendment No. 1, dated November 27, 2013, by and among Sealed Air Corporation and certain subsidiaries of Sealed Air Corporation party thereto, the lenders party thereto, Citibank, N.A., as agent and other agents party thereto. |
4
Exhibit 10.1
Execution Version
AMENDMENT NO. 1 TO CREDIT AGREEMENT
This AMENDMENT NO. 1 TO CREDIT AGREEMENT, dated as of November 27, 2013 (this Amendment ), by and among the Lenders party hereto, Citibank, N.A., in its capacity as administrative agent for the Lenders (the Agent ), Sealed Air Corporation (the Company ) as a Borrower, the other Borrowers (together with the Company, each, a Borrower and collectively the Borrowers ), the other Loan Parties and the Lenders providing Replacement Term Loans party hereto.
W I T N E S S E T H :
WHEREAS, the Agent, the Lenders, the Borrowers and the other Loan Parties have entered into that certain Amended and Restated Syndicated Facility Agreement, dated as of November 15, 2012, by and among the Agent, the Lenders, the Borrowers and the other Loan Parties thereto (as from time to time amended, modified or supplemented, the Credit Agreement ) (capitalized terms used but not defined herein shall have the meanings set forth in the Credit Agreement);
WHEREAS, the Borrowers and the other Loan Parties desire to modify certain terms of the Credit Agreement, including replacing and/or converting the outstanding Term B-1 Advances and Euro Term B-1 Advances with and/or into Replacement Term Loans in accordance with the terms of Section 9.01 of the Credit Agreement;
WHEREAS, by this Amendment, the Agent, the Lenders party hereto, the Borrowers and the other Loan Parties have agreed to amend the Credit Agreement as hereinafter set forth;
NOW THEREFORE, in consideration of the foregoing and the mutual agreements and covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. Amendments to Credit Agreement . The Credit Agreement is, effective as of the Effective Date and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended and modified as follows:
(a) Section 1.01 of the Credit Agreement shall be amended by adding the following new definitions thereto in proper alphabetical order:
First Amendment means that certain Amendment No. 1 to Credit Agreement, among the Borrowers, the other Loan Parties, the Agent and certain Lenders.
First Amendment Effective Date means the date on which all of the conditions contained in Section 2 of the First Amendment have been satisfied or waived by the Agent.
Sealed Air - Amendment No. 1
(b) Section 1.01 of the Credit Agreement is hereby amended by restating clauses (a) and (b) of the definition of Applicable Margin as follows:
(a) the Term B-1 Facility, (i) 2.25% per annum for Eurocurrency Rate Advances and (ii) 1.25% per annum for Base Rate Advances; (b) the Euro Term B-1 Facility, (i) 2.75% per annum for Eurocurrency Rate Advances and (ii) 1.75% per annum for Base Rate Advances;;
(c) Section 1.01 of the Credit Agreement is hereby amended by amending the proviso to the definition of Eurocurrency Rate to replace the percentage 1.00% with the percentage 0.75%; and
(d) Section 2.11(a)(ii) of the Credit Agreement is hereby amended by replacing each instance of the word first with the phrase six-month and each instance of the term Restatement Effective Date with the term First Amendment Effective Date.
2. Conditions Precedent . The amendments contained herein shall only be effective upon the satisfaction of each of the following conditions precedent in a manner satisfactory to Agent (the date of such satisfaction, the Effective Date ):
(a) receipt by the Agent of a Notice of Borrowing completed by the applicable Borrowers with respect to the Replacement Term Loans, prior to the Effective Date;
(b) the execution and delivery of this Amendment by the Borrowers, the Loan Parties, the Agent and the Replacement Lenders (as defined below);
(c) receipt by the Agent of (i) Replacement Term Loans with respect to the Term B-1 Facility made by the respective financial institutions signatory hereto (the Term B-1 Replacement Lenders ) in an aggregate principal amount equal to the aggregate principal amount of Term B-1 Advances outstanding on the Effective Date and (ii) Replacement Term Loans with respect to the Euro Term B-1 Facility made by the respective financial institutions signatory hereto (the Euro Term B-1 Replacement Lenders and, together with the Term B-1 Replacement Lenders, the Replacement Lenders ) in an aggregate principal amount equal to the aggregate principal amount of Euro Term B-1 Advances outstanding on the Effective Date; provided that, notwithstanding anything to the contrary above, Replacement Lenders that are Lenders under the Credit Agreement prior to the Effective Date may elect to convert outstanding Term B-1 Advances and/or Euro Term B-1 Advances into Replacement Term Loans by cashless roll or other similar conversion method reasonably satisfactory to the Agent (such Lenders, Converting Lenders );
(d) receipt by the Agent from the respective Borrowers of any interest or fees accrued and unpaid as of the Effective Date with respect to the respective Replaced Term Loans under the Term B-1 Facility and Euro Term B-1 Facility;
(e) receipt by the Agent of customary secretarys certificates, resolutions and incumbency certificates of the Responsible Officers of Sealed Air Corporation and Diversey Europe B.V.;
(f) receipt by the Agent of a certificate from a Responsible Officer of the Borrowers and dated as of the Effective Date, certifying that (x) no Default or Event of Default has
Sealed Air - Amendment No. 1
occurred and is continuing and (y) the representations and warranties set forth in the Credit Agreement are true and correct in all material respects, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date and except to the extent that such representations and warranties are already qualified as to materiality, in which case such qualified representations and warranties shall be true and correct;
(g) receipt by the Agent, on behalf of itself, the Lenders and each Issuing Bank of a customary favorable written opinion of Simpson, Thacher & Bartlett LLP, New York counsel for the Loan Parties (A) dated the Effective Date and (B) addressed to the Agent, the Lenders and each Issuing Bank on the Effective Date;
(h) the Agent shall have received all documentation and other information that is (i) requested three Business Days prior to the Effective Date and (ii) required by regulatory authorities under applicable know your customer and anti-money laundering rules and regulations, including without limitation the PATRIOT Act; and
(i) the Borrowers shall have paid all invoiced accrued fees and out-of-pocket expenses of the Agent and Citigroup Global Markets Inc., as sole lead arranger in respect of this Amendment (including the reasonable fees and expenses of Shearman & Sterling LLP, counsel for the Agent).
3. Governing Law . This Amendment shall be construed in accordance with and governed by the laws of the State of New York.
4. Binding Effect . This Amendment shall be binding upon and inure to the benefit of each of the parties hereto and their respective successors and assigns (it being understood, for the avoidance of doubt, that the amendments and modifications to the Credit Agreement effected hereby shall be effective as to all Lenders, other Secured Parties and any other party thereto from time to time).
5. Reference to and Effect on the Credit Agreement and the Loan Documents .
(a) On and after the effectiveness of this Amendment, each reference in the Credit Agreement to this Agreement, hereunder, hereof or words of like import referring to the Credit Agreement, and each reference in each of the other Loan Documents to the Credit Agreement, thereunder, thereof or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended and modified by this Amendment.
(b) The Credit Agreement and each of the other Loan Documents, as specifically amended and modified by this Amendment are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed.
(c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender, any Issuing Bank, any Swing Line Bank or the Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents.
Sealed Air - Amendment No. 1
(d) The Converting Lenders will be deemed to be Lenders for all purposes under the Credit Agreement, each Converting Lender will be deemed to have converted outstanding Term B-1 Advances and/or Euro Term B-1 Advances into an Advance of Replacement Term Loans on the Effective Date, the Replacement Term Loans with respect to the Term B-1 Facility will be deemed to be Term B-1 Advances for all purposes under the Credit Agreement and the Replacement Term Loans with respect to the Euro Term B-1 Facility will be deemed to be Euro Term B-1 Advances for all purposes under the Credit Agreement.
(e) Notwithstanding anything in the Credit Agreement to the contrary, the initial Interest Period with respect to the Term B-1 Advances and the Euro Term B-1 Advances after the Effective Date shall end on December 13, 2013 and each of the undersigned, to the extent applicable, hereby waives any breakage payment owing to such Lender pursuant to Section 9.04(c) in connection with this Amendment.
(f) The Agent, the Lenders party hereto and the Loan Parties agree that this Amendment shall be a Loan Document for all purposes of the Credit Agreement (as specifically amended by this Amendment) and the other Loan Documents.
6. Waiver, Modification, Etc. No provision or term of this Amendment may be modified, altered, waived, discharged or terminated orally, but only by an instrument in writing executed by the party against whom such modification, alteration, waiver, discharge or termination is sought to be enforced or otherwise in accordance with the terms of the Credit Agreement, including Section 9.01 thereof.
7. Reaffirmation . Each Loan Party hereby (i) ratifies each of the Loan Documents to which it is party and acknowledges and reaffirms that it is bound by all terms of each Loan Document applicable to it and (ii) ratifies and reaffirms each grant of a lien on, or security interest in, its property made pursuant to the Loan Documents (including its Guaranty) and confirms that such liens and security interests continue to secure the Obligations under the Loan Documents.
8. Severability . In the event any one or more of the provisions contained in this Amendment or in any other Loan Document should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein shall not in any way be affected or impaired thereby. The parties 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.
9. Headings . The Section headings used herein are for convenience of reference only, are not part of this Amendment and are not to affect the construction of, or to be taken into consideration in interpreting, this Amendment.
10. Counterparts . This Amendment may be executed in two or more counterparts, each of which shall constitute an original but all of which, when taken together, shall constitute but one contract, and shall become effective as provided in Section 2 . Delivery of an executed counterpart to this Amendment by facsimile transmission (or other electronic transmission (e.g., a pdf or tft) pursuant to procedures approved by the Agent) shall be as effective as delivery of a manually signed original.
Sealed Air - Amendment No. 1
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
Sealed Air - Amendment No. 1
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their authorized officers as of the day and year first above written.
CITIBANK, N.A., as Agent | ||
By: |
/s/ Michael Zicari |
|
Name: |
Michael Zicari |
|
Title: |
Vice President |
|
CITIBANK, N.A., as a Term B Lender and a Euro Term B Lender, | ||
By: |
/s/ Michael Zicari |
|
Name: |
Michael Zicari |
|
Title: |
Vice President |
Signature Page to
Amendment No. 1
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their authorized officers as of the day and year first above written.
BORROWERS: | ||
SEALED AIR CORPORATION | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Treasurer |
|
CRYOVAC, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
VP & Treasurer |
|
OTHER LOAN PARTIES: | ||
AUTO-C, LLC | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President |
|
CPI PACKAGING, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
VP & President |
Signature Page to
Amendment No. 1
CRYOVAC INTERNATIONAL HOLDINGS INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President |
|
CRYOVAC LEASING CORPORATION | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President |
|
DIVERSEY, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Vice President |
|
DIVERSEY PUERTO RICO, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President & Treasurer |
|
DIVERSEY SHAREHOLDINGS, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President & Treasurer |
|
JDI POLYMER, LLC | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President |
Signature Page to
Amendment No. 1
JDI CEE HOLDINGS, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President |
|
JDI HOLDINGS, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President |
|
JWP INVESTMENTS, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President & Treasurer |
|
POLY PACKAGING SYSTEMS, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Vice President & Treasurer |
|
PROFESSIONAL SHAREHOLDINGS, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President & Treasurer |
|
REFLECTIX, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Vice President & Treasurer |
Signature Page to
Amendment No. 1
SEALED AIR CORPORATION (US) | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Vice President & Treasurer |
|
SEALED AIR LLC | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President |
|
SEALED AIR NEVADA HOLDINGS LIMITED | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
President |
|
SEALED AIR SOLUTIONS HOLDINGS, INC. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Vice President & Treasurer |
|
SHANKLIN CORPORATION | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Vice President & Treasurer |
|
THE BUTCHER COMPANY | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Vice President & Treasurer |
|
CIRAS C.V. | ||
By: |
/s/ Tod S. Christie |
|
Name: |
Tod S. Christie |
|
Title: |
Vice President & Treasurer |
Signature Page to
Amendment No. 1
SEALED AIR DE MEXICO S. DE R.L. DE C.V. | ||
By: |
/s/ Arlet Jimenez Galicia |
|
Name: |
Arlet Jimenez Galicia |
|
Title: |
Legal Representative |
|
SEALED AIR AMERICAS MANUFACTURING S. DE R.L. DE D.V.. | ||
By: |
/s/ Arlet Jimenez Galicia |
|
Name: |
Arlet Jimenez Galicia |
|
Title: |
Legal Representative |
|
SEALED AIR AMERICAS SERVICE S. DE R.L. DE C.V. | ||
By: |
/s/ Arlet Jimenez Galicia |
|
Name: |
Arlet Jimenez Galicia |
|
Title: |
Legal Representative |
|
DRYPAC PTY. LTD. | ||
By: |
/s/ Martin Yii |
|
Name: |
Martin Yii |
|
Title: |
Secretary |
|
ENTAPACK PTY. LTD. | ||
By: |
/s/ Martin Yii |
|
Name: |
Martin Yii |
|
Title: |
Secretary |
|
DIVERSEY AUSTRALIA PTY. LIMITED | ||
By: |
/s/ Martin Yii |
|
Name: |
Martin Yii |
|
Title: |
Secretary |
|
CRYOVAC AUSTRALIA PTY. LIMITED | ||
By: |
/s/ Martin Yii |
|
Name: |
Martin Yii |
|
Title: |
Secretary |
Signature Page to
Amendment No. 1
SEALED AIR AUSTRALIA (HOLDINGS) PTY. LIMITED | ||
By: |
/s/ Martin Yii |
|
Name: |
Martin Yii |
|
Title: |
Secretary |
|
SEALED AIR AUSTRALIA PTY. LIMITED | ||
By: |
/s/ Martin Yii |
|
Name: |
Martin Yii |
|
Title: |
Secretary |
|
SEALED AIR NETHERLANDS (HOLDINGS) B.V. | ||
By: |
/s/ Ronnie Thijssen |
|
Name: |
Ronnie Thijssen |
|
Title: |
Managing Director |
|
SEALED AIR NETHERLANDS (HOLDINGS) I B.V. | ||
By: |
/s/ Ronnie Thijssen |
|
Name: |
Ronnie Thijssen |
|
Title: |
Director |
|
SEALED AIR NETHERLANDS (HOLDINGS) III B.V. | ||
By: |
/s/ Ronnie Thijssen |
|
Name: |
Ronnie Thijssen |
|
Title: |
Director |
|
SEALED AIR (CANADA) HOLDINGS B.V. | ||
By: |
/s/ Ronnie Thijssen |
|
Name: |
Ronnie Thijssen |
|
Title: |
Director |
Signature Page to
Amendment No. 1
SEALED AIR B.V. | ||
By: |
/s/ Ronnie Thijssen |
|
Name: |
Ronnie Thijssen |
|
Title: |
Director |
|
SEALED AIR FINANCE B.V. | ||
By: |
/s/ Ronnie Thijssen |
|
Name: |
Ronnie Thijssen |
|
Title: |
Director |
|
CRYOVAC BRASIL LTDA | ||
By: |
/s/ Alejandro Nigro |
|
Name: |
Alejandro Nigro |
|
Title: |
Chief Financial Officer |
|
SONIPAR INDUSTRIAL LTDA | ||
By: |
/s/ Alejandro Nigro |
|
Name: |
Alejandro Nigro |
|
Title: |
General Manager |
|
SEALED AIR EMBALAGENS LTDA | ||
By: |
/s/ Alejandro Nigro |
|
Name: |
Alejandro Nigro |
|
Title: |
General Manager |
|
GETPACKING LIMITED | ||
By: |
/s/ Michael Chapman |
|
Name: |
Michael Chapman |
|
Title: |
Director |
|
SEALED AIR LIMITED | ||
By: |
/s/ Michael Chapman |
|
Name: |
Michael Chapman |
|
Title: |
Director |
Signature Page to
Amendment No. 1
SEALED AIR LUXEMBOURG S.À.R.L | ||
By: |
/s/ Michael Chapman |
|
Name: |
Michael Chapman |
|
Title: |
Director |
|
SEALED AIR LUXEMBOURG (I) S.À.R.L | ||
By: |
/s/ Michael Chapman |
|
Name: |
Michael Chapman |
|
Title: |
Director |
|
SEALED AIR MANAGEMENT HOLDING VERWALTUNGS GMBH | ||
By: |
/s/ Hans-Otto Bosse |
|
Name: |
Hans-Otto Bosse |
|
Title: |
Managing Director |
|
SEALED AIR MULTIFLEX GMBH | ||
By: |
/s/ Hans-Otto Bosse |
|
Name: |
Hans-Otto Bosse |
|
Title: |
Managing Director |
|
SEALED AIR VERPACKUNGEN GMBH | ||
By: |
/s/ Hans-Otto Bosse |
|
Name: |
Hans-Otto Bosse |
|
Title: |
Managing Director |
|
SEALED AIR GMBH | ||
By: |
/s/ Hans-Otto Bosse |
|
Name: |
Hans-Otto Bosse |
|
Title: |
Director |
|
SEALED NETHERLANDS (HOLDINGS) II B.V. | ||
By: |
/s/ Hans-Otto Bosse |
|
Name: |
Hans-Otto Bosse |
|
Title: |
Director |
Signature Page to
Amendment No. 1
SEALED AIR LUXEMBOURG S.C.A. | ||
By: |
/s/ Hans-Otto Bosse |
|
Name: |
Hans-Otto Bosse |
|
Title: |
Authorized Signatory |
|
DIVERSEY EUROPE B.V. | ||
By: |
/s/ Clive Newman |
|
Name: |
Clive Newman |
|
Title: |
Director |
|
DIVERSEY IP INTERNATIONAL B.V. | ||
By: |
/s/ Clive Newman |
|
Name: |
Clive Newman |
|
Title: |
Director |
|
DIVERSEY EUROPE OPERATIONS B.V. | ||
By: |
/s/ Clive Newman |
|
Name: |
Clive Newman |
|
Title: |
Director |
|
DIVERSEY HOLDINGS II B.V. | ||
By: |
/s/ Clive Newman |
|
Name: |
Clive Newman |
|
Title: |
Director |
|
DIVERSEY PROFESSIONAL B.V. | ||
By: |
/s/ Clive Newman |
|
Name: |
Clive Newman |
|
Title: |
Director |
|
DIVERSEY DEUTSCHLAND GMBH & CO OHG | ||
By: |
/s/ Hans-Peter Muller |
|
Name: |
Hans-Peter Muller |
|
Title: |
Managing Director |
Signature Page to
Amendment No. 1
DIVERSEY DEUTSCHLAND MANAGEMENT GMBH | ||
By: |
/s/ Hans-Peter Muller |
|
Name: |
Hans-Peter Muller |
|
Title: |
Managing Director |
|
DIVERSEY GERMANY PRODUCTION OHG | ||
By: |
/s/ Hans-Peter Muller |
|
Name: |
Hans-Peter Muller |
|
Title: |
Director |
|
DIVERSEY GERMANY SERVICES OHG | ||
By: |
/s/ Hans-Peter Muller |
|
Name: |
Hans-Peter Muller |
|
Title: |
Director |
|
SEALED AIR (CANADA) CO./CIE | ||
By: |
/s/ Axel Bauer |
|
Name: |
Axel Bauer |
|
Title: |
President |
|
DIVERSEY CANADA, INC. | ||
By: |
/s/ Axel Bauer |
|
Name: |
Axel Bauer |
|
Title: |
President |
|
DIVERSEY BRASIL INDUSTRIA QUIMICA LTDA | ||
By: |
/s/ Ulisses Cason |
|
Name: |
Ulisses Cason |
|
Title: |
Director |
Signature Page to
Amendment No. 1
DIVERSEY B.V. | ||
By: |
/s/ Jasper Hoek |
|
Name: |
Jasper Hoek |
|
Title: |
Director |
|
DIVERSEY HOLDINGS LIMITED | ||
By: |
/s/ David Quast |
|
Name: |
David Quast |
|
Title: |
Director |
|
DIVERSEY LIMITED | ||
By: |
/s/ Colin Stubbs |
|
Name: |
Colin Stubbs |
|
Title: |
Director |
|
DIVERSEY MEXICO, SA DE CV | ||
By: |
/s/ David Quast |
|
Name: |
David Quast |
|
Title: |
Director |
|
DIVERSEY NETHERLANDS PRODUCTION B.V. | ||
By: |
/s/ Ruud Niljant |
|
Name: |
Ruud Niljant |
|
Title: |
Director |
|
DIVERSEY NETHERLANDS SERVICES B.V. | ||
By: |
/s/ Marc ter Huurne |
|
Name: |
Marc ter Huurne |
|
Title: |
Director |
|
DIVERSEY UK PRODUCTION LIMITED | ||
By: |
/s/ David White |
|
Name: |
David White |
|
Title: |
Director |
Signature Page to
Amendment No. 1
DIVERSEY UK SERVICES LIMITED | ||
By: |
/s/ Helen Hughes |
|
Name: |
Helen Hughes |
|
Title: |
Director |
|
SEALED AIR JAPAN G.K. | ||
By: |
/s/ Shunya Itoh |
|
Name: |
Shunya Itoh |
|
Title: |
Executor |
|
SEALED AIR LUXEMBOURG (II) S.À.R.L | ||
By: |
/s/ Deborah MacDonald |
|
Name: |
Deborah MacDonald |
|
Title: |
Director |
Signature Page to
Amendment No. 1