`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 1 of 20
`
`EXHIBIT 3
`EXHIBIT 3
`
`
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 2 of 20
`Filed 04/26/22 Page 2 of 20
`Case 5:18-md-02834-BLF Document 747-4
`
`FILED
`Superior Court of California
`Caunty of Loe Angalgs
`05/10/2021
`Sueeze B. Carver, Zaaruevuee | Cece of Sous
`Bie:
`€. Gyinesi
`Decuty
`
`_—oOSNDNHRBRHDNM
`
`Michael Gerard Fletcher (State Bar No. 070849)
`mfletcher@frandzel.com
`Craig A. Welin (State Bar No. 138418)
`cwelin@frandzel.com
`Bruce David Poltrock (State Bar No. 162448)
`bpoltrock@frandzel.com
`FRANDZEL ROBINS BLOOM & CSATO,L.C.
`1000 Wilshire Boulevard, 19" Floor
`Los Angeles, California 90017-2427
`Telephone: (323) 852-1000
`Facsimile: (323) 651-2577
`
`Attorneys for Plaintiffs, BRILLIANT DIGITAL
`ENTERTAINMENT,INC.; EUROPLAY
`CAPITAL ADVISORS, LLC; CLARIA
`INNOVATIONS, LLC; and MONTO
`HOLDINGSPTY LTD
`
`SUPERIOR COURT OF CALIFORNIA
`
`COUNTY OF LOS ANGELES- NORTHWESTDISTRICT (VAN NUYS)
`
`>
`
`BRILLIANT DIGITAL ENTERTAINMENT
`INC., a Delaware corporation; EUROPLAY
`CAPITAL ADVISORS, LLC,a Delaware
`limited liability company; CLARIA
`INNOVATIONS, LLC, a Delaware limited
`liability company; and MONTO HOLDINGS
`PTY LTD,an Australian company,
`
`CASE No, 21VECV00575
`
`[Case assigned for all purposes to the Hon.
`Judge Bernie C. LaForteza, Department U]
`
`ORDER FOR EX PARTE IMMEDIATE
`APPOINTMENT OF A RECEIVER
`
`Plaintiffs,
`
`Vv.
`
`PERSONALWEB TECHNOLOGIES,LLC,
`a Texas limited liability company; and DOES
`] through 100, Inclusive,
`
`Defendants.
`
`
`Upon due and proper consideration ofPlaintiffs’ ex parte application, including the
`
`memorandum and declarationsfiled in support thereof (collectively, “Application”, the
`
`Complaint onfile herein, and other good cause appearing therefor:
`
`IT IS HEREBY ORDEREDthat Robb Evans & Associates LLC, be and is hereby
`
`appointed receiver (“Receiver”) over Defendant PersonalWeb Technologies, LLC,in this action
`4222415v1 | 101334-0002
`1
`EX PARTE ORDER FOR APPOINTMENTOF A RECEIVER
`
`
`
`ElectronicallyReceived05/10/202111:52Ah
`
`
`
`
`
`
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 3 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 3 of 20
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`subject to the conditions that before entering uponits duties as the Receiver,it shall take the oath
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`and file a bond with a surety thereonofsatisfactory proof to the Court in the sum of $10,000.00 to
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`secure faithful performanceofits duties as the Receiver.
`
`
`
`
`
`
`
`
`
`
`
`IT IS FURTHER ORDEREDthatPlaintiffs shall post a bond in the sum of $1,500.00
`
`
`
`
`
`
`
`
`
`
`
`
`under Codeof Civil Procedure section 527. Plaintiffs shall further be required to post a bond
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`pursuant to Code of Civil Procedure section 566 in the sum of $1,500.00.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`IT IS FURTHER ORDEREDthat the Receiver shall have the following powers and
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`responsibilities:
`
`
`
`1,
`
`
`
`To enter, gain access, and take possession of the business premises of Defendant
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`PersonalWeb Technologies, LLC, a Texaslimited liability company (“PW"and/or "Defendant"),
`
`
`
`
`
`
`
`
`
`
`wherever located, including but not limited to, 5380 Old Bullard Rd., Suite 600-322, Tyler, TX
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`75703, and any other location from which Defendant may conduct businessin the State of
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`California, in the State of Texas, or otherwise (“Business Premises”), and to seize, manage,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`control, operate, and collectall of the collateral of Plaintiffs (i.e., all of Defendant’s personal
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`property assets) (the "Collateral", a description of which is set forth in Exhibit "1", attached
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`OoC6ssDAreff
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`10
`
`11
`
`
`
`12
`
`
`
`13
`
`
`
`14
`
`
`
`15
`
`
`
`
`
`(323)852-1000
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`FRANDZELROBINSBLOOM&CsaTo,L.C.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`1000WILSHIREBOULEVARD,19THFLOORLos
`
`
`ANGELES,CALIFORNIA90017-2427
`
`
`
`
`
`16
`
`17
`
`
`
`
`
`18
`
`
`
`hereto), as the Receiver deems necessary for the properretention, management, administration,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`and/orliquidation of the Collateral. But the books and records of Defendant PW,orcopies,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`abstracts, or summaries thereof, shall be made available to Defendant PW asis reasonably
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`19
`
`
`
`
`
`
`
`
`necessary from time to time.
`
`
`20
`
`
`2.
`
`To have and exercise exclusive control overall of the Collateral, and PW,including
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`21
`
`
`without limitation all cash and all collateral, which exclusive control includes, without limitation,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`22
`
`
`
`the discretion to continue in the employment of PW,or not, any currently employedofficer,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`23
`
`24
`
`
`
`director, employee, servant, third party, attorney, accountant, other professional, and/or agent.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`3.
`
`To borrow from and repay moneyto the Plaintiffs from time-to-time on a revolving
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`25
`
`basis with the Plaintiffs' consent, in increments of $25,000.00, including without limitation under
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`26
`
`and pursuantto all of the terms, covenants, and conditions contained in the loan documents
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`27
`
`between the Plaintiffs and PW, as those loan documents may be modified or amended from time-
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`28
`
`to-time by the Receiver and Plaintiffs. Any liability for such borrowings shall solely be the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`422241 5v1 | 101334-0002
`9
`
`
`
`
`
`
`
`
`BX PARTE ORDER FOR APPOINTMENT OF A RECEIVER
`
`
`
`
`
`
`
`
`
`
`
`
`
`FRANDZELROBINSBLOOM&CSATO,L.C.
`
`
`
`
`
`
`
`
`
`1000WILSHIREBOULEVARD,FLOORLosANGELES,19TH
`
`CALIFORNIA90017-2427(323)
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 4 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 4 of 20
`
`responsibility of PW, and not the Receiver. Such authority specifically includes, but is not limited
`
`to, the Receiver being authorized to issue to Plaintiffs from time-to-time Receiver's Certificates to
`
`evidence and otherwise secure the repaymentto the Plaintiffs of any and all of such
`indebtedness. The Receiver's Certificates shall have priority overall other claims, including
`withoutlimitation overall general claims against the receivership estate and collectively constitute
`a lien and charge upon all of the assets ofthe receivership estate. The lien securing the Receiver's
`
`Certificate shall be prior and superiorto all liens, encumbrances, andclaimsagainst the Collateral
`
`held by any otherpersonsorentities, including withoutlimitation any other secured
`
`creditors. After any Receiver's Certificate is issued a copy shall be included in the Receiver's
`
`monthly report. The original shall be delivered to Plaintiffs to be filed and/or recorded in the
`
`Plaintiffs' discretion. As funds in the Receivership Estate are deemed by the Receiverto be in
`
`excess of necessary reserves, the Receiver may redeem these Receiver Certificates, or any of
`
`OoANYDHASB
`
`10
`
`1]
`
`12
`
`13
`
`them.
`
`14
`
`15
`
`16
`
`17
`
`18
`
`19
`
`20
`
`21
`
`22
`
`23
`
`24
`
`25
`
`26
`
`27
`
`28
`
`4,
`
`To seil the Defendant PW,and/orall ofits assets, in whole or inparts, from time to
`
`time in the discretion of the Receiver. The Receiver may, but is not requiredto, comply with
`
`Sections 568.5 and 701.510,et seq. of the California Code of Civil Procedure regarding the
`
`Receiver’s sale of the Collateral. The Receiver shall be authorizedto liquidate all of the Plaintiffs’
`
`Collateral without the need for further orders, and at the Receiver’s discretion, complete the
`
`processing, repairing, reconditioning, and/orsale of said Collateral and incur the expenses
`
`necessary to preserve, protect, and carry out the foregoing.
`
`In connection with the Receiver’s sale
`
`ofall or part of the Collateral, the Receiver is authorized to sell the Collateral to the public “as is”
`
`and “with all faults,” without such representations or warranties, without seeking Court approval.
`
`At any such sale by the Receiver, Plaintiffs, or any of them, separately or collectively, may be a
`
`bidder and a purchaser andPlaintiffs shall be allowedto elect to credit bid in any such sale up to
`
`the aggregate amountofthe total debt owed by PW to all such Plaintiffs, or any of them, or in
`
`such smaller increments as Plaintiffs may elect.
`
`5.
`
`To take any andall steps necessary to receive, collect, and review all mail
`
`addressed to Defendant PW,inciuding, but not limited to, mail addressed to each and every one of
`4222415v1 | 101334-0002
`3
`EX PARTE ORDER FOR APPOINTMENTOF A RECEIVER
`
`852-1000
`
`
`
`
`
`1000WILSHIREBOULEVARD,19THFLOORLos
`
`
`ANGELES,CALIFORNIA90017-2427
`
`OoSeNHNDBDABPWYNY
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 5 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 5 of 20
`
`their Business Premises and any post office boxes held in the name of Defendant PW,and,at the
`
`Receiver’s discretion,it is authorized to instruct the U.S. Postmaster to re-route, hold, and or
`
`release said mail to the Receiver. Copies of mail reviewed by the Receiverin the performance of
`
`its duties will promptly be made available for inspection to Defendant upon requestafter review
`
`by the Receiver. Receiver agrees to maintain the confidentiality of and abide byall laws and
`
`regulations with respect to mail it receives, collects and reviews that deal with patient information.
`
`6.
`
`To demand,collect, and receive all monies, funds, and payments arising from the
`
`Plaintiffs’ Collateral.
`
`7.
`
`To take possession ofall Plaintiffs' accounts of Defendant and chattel paperas they
`
`pertain to the inventory of Defendant, whereverlocated, and to receive possession of any money
`
`on deposit in said Plaintiffs' accounts. The receipt by the Receiver for said funds shall discharge
`
`said Plaintiffs from further responsibility for accounting to said account holder for funds for which
`
`the Receiver shall give its receipt.
`
`
`
`(323)852-1000
`
`g.
`
`To establish Plaintiffs' accounts at any financial institution the Receiver deems
`
`appropriate for the deposit of monies and funds collected and received in connection with its
`
`administration of the Receivership estate, provided thatall funds on deposit are insured by an
`
`agency of the United States Government.
`
`9.
`
`To use the taxpayer account numberof Defendant in connection with the
`
`receivership estate, as necessary to perform and/orcarry out the Receiver’s duties.
`
`10.
`
`To execute and prepare all documents and to perform all acts, either in the name of
`
`Defendant, asit is applicable, or in the Receiver’s own name, which are necessary or incidentalto
`
`preserving, protecting, managing, controlling, and/or liquidating the Collateral.
`
`ll.
`
`To contact each ofthe accounts receivable debtors of Defendant (“Accounts
`
`Receivable Debtors”) in order to advise them notto send further accounts receivable paymentsto
`
`Defendant and to instruct the Accounts Receivable Debtors to send any and all payments directly
`
`to the Receiver.
`
`12.
`
`To compromise debts of Defendant and to do all things and to incur the risks and
`
`obligations of similar businesses and enterprises. No risk or obligation incurred by the Receiver
`422241 5v1 | 101334-0002
`4
`EX PARTE ORDER FOR APPOINTMENT OF A RECEIVER
`
`BOpoPOROLOKHKOPDDRwmmmetaontHNARBPYOUNlUDOCOlUCUCOClUlUDODOWULUOSCUCUCUNDOOMBORlLDlOO
`
`
`
`
`
`
`
`FRANDZELROBINSBLOOM&CsaTo,L.C.
`
`
`
`
`
`
`
`
`
`
`
`OoC8TDBDABPBHLB
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 6 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 6 of 20
`
`
`
`shall be at the personal risk or obligation of the Receiver, but shall be the risk or obligation ofthe
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`Receivership estate,
`
`
`
`
`
`13.
`
`
`
`To turn overto Plaintiffs for the payment of Defendant’s obligations to Plaintiffs
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`sued uponin the Complaint the monies coming into possession of the Receiver and not expended
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`for any of the purposes herein authorized, subject to orders as this Court may hereinafter issue as
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`to its disposition,
`
`
`
`14.
`
`
`
`To employservants, agents, employees, appraisers, guards, clerks, accountants,
`
`
`
`
`
`
`
`
`
`
`
`
`
`liquidators, auctioneers, attorneys, and managementconsultants to administer the Receivership
`
`
`
`
`
`
`
`
`
`
`
`
`estate and to protect the Collateral as it shall deem it necessary, including withoutlimitation to
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`continue the pre-receivership employmentof attorneys for Defendant PW asto legal actions
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`pendingat the time of the receivership, on condition that appropriate and reasonable terms,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`covenants, and conditions exist concerning, including as to payment arrangementsto, such
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`attorneys to the satisfaction of the Receiverin its sole discretion; to purchase materials, supplies,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`and services and to pay therefore at the usual rate and prices out of funds that shall comeinto its
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`possession; to pay the reasonable value of said services out of the proceeds of the estate. No risk
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`(323)852-1000
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`FRANDZELROBINSBLOOM&CsaTo,L.C.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`L000WILSHIREBOULEVARD,19THFLOOR
`
`
`
`
`
`LOSANGELES,CALIFORNIA90019-2427
`
`BRBOBoBOBRDBoBRDORDORDweekeeeeehetoOo~sAABFPWeBH*DOODODOYNHRAHBhWDNH=©
`
`or obligation incurred by the Receiver shall be at the personalrisk or obligation of the Receiver,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`but shail be the risk or obligation of the Receivership estate. Receiver shall file an application
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`with the Court to seek Court approval to hire any attorney(s).
`
`
`
`
`
`
`
`
`
`
`
`
`
`15.
`
`
`
`To procure insurance on the Collateral if there is insufficient insurance coverage
`
`
`
`
`
`
`
`
`
`
`
`
`
`thereon within thirty (30) days, provided the Receiver has funds available to do so. During said
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`30-day period, the Receivershall not be personally responsible for claims arising or for the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`procurement of insurance.
`
`
`
`16.
`
`
`
`To institute ancillary proceedings in this state or other states as is necessary to
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`obtain possession and control of the Collateral for the administration and management thereof, and
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`to participate in any court proceedings involving Defendant PW,including, but not limitedto,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`participation in depositions,trials, appeals, and other related proceedings. Plaintiffs may,in their
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`discretion, also participate in said court proceedings andrelated proceedings. The Receiver may
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`engage the services of counsel on behalf of Defendant PW if reasonably necessary in the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`422241 $vl | 101334-0002
`5
`
`
`EX PARTE ORDER FOR APPOINTMENTOF A RECEIVER
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`FRANDZELROBINSBLOOM&CsaTo,L.C.
`
`
`
`
`
`
`
`
`
`1000WILSHIREBOULEVARD,19THFLOORLOSANGELES,
`
`CALIFORNIA90017-2427
`
`
`
`
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 7 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 7 of 20
`
`oOCoSNSDHABS
`
`Receiver's sole discretion. The Receiver may pay for such services from the funds ofthe
`
`Receivership estate. Receivershall file an application with the Court to seek Court approval to
`
`hire any attorney(s).
`
`17.
`
`To the extent feasible, the Receiver shall, within thirty (30) daysofits qualification
`
`file in this action an inventory ofall property of whichit shall have taken possession pursuantto
`
`this Order andshall file periodic accountingsthereafter.
`
`18.
`
`To prepare periodic interim statements reflecting the Receiver’s fees and
`
`administrative costs and expensesincurred for said period in the operation and administration of
`
`the Receivership estate. Upon completion ofan interim statement, and the mailing of said
`
`statementto the parties’ respective attorneys of record or any other designated personalagent, the
`
`Receiver shall pay from the estate funds,if any, the amount of said statement. Despite the
`
`periodic statementof Receiver’s fees and administrative expenses, such fees and expenses shall be
`
`submitted to the Court for its approval and confirmation, in the form ofeither a noticed interim
`
`request for fees, a stipulation amongthe parties, or the Receiver’s final accountandreport.
`
`19.
`
`To forgothe filing of any federal or state incometax returns, schedules, or other
`
`forms, which continue to be the sole obligations of Defendant PW.
`
`20.
`
`To makeapplication to this Court for further orders instructing the Receiver from
`
`time to time, and on due notice.
`
`IT IS FURTHER ORDEREDthat nothing in this Order concerning the subject matter of
`
`the Application or the appointment of a Receiver waives, or shall be construed to waive, any
`
`applicable evidentiary privilege concerning communications or documents, including without
`
`limitation the attorney client privilege, the attorney work product doctrine, and the common
`
`interest privilege, all of which shali be reserved and preserved.
`
`
`
`(323)852-1000
`
`DATED“Mtay——-2021
`
`Off 10/202 1
`
`‘
`
`
`
`
`
`IGEURTHE SUPERIQR COURT
`Bernie C. LaForteza s Judge
`
`4222415v1 | 101334-0002
`
`6
`EX PARTE ORDER FOR APPOINTMENT OF A RECEIVER
`
`
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 8 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 8 of 20
`
`
`EXHIBIT 1
`
`
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 9 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 9 of 20
`
`
`Exhibit 1
`
`
`
`
`“Collateral”shall mean all right, title, and interest of the Debtor in and to all of the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`following property of the Debtor, whether now ownedorhereafter acquired and whether now
`
`
`
`
`
`
`
`
`
`
`
`
`
`existing or hereafter coming into existence:
`
`
`
`
`
`
`
`
`(1) Accounts;
`(it) Chattel Paper and rights to receive monies included thereby;
`
`
`
`
`
`
`
`
`
`
`
`
`
`(111) Commercial Tort Claims;
`
`
`
`(iv) Deposit Accounts;
`
`
`(v) Documents;
`
`
`
`(vi) Equity Collateral;
`
`
`
`(vii) General Intangibles;
`(vill) Goods, including Inventory and Equipment;
`
`
`
`
`
`
`(ix) Instruments and rights to receive monies included thereby;
`
`
`
`
`
`
`
`
`
`
`
`(x) Intellectual Property;
`(xi) Investment Property, including Commodity Accounts and Commodity Contracts;
`
`
`
`
`
`
`
`
`
`
`
`(xil) Letter-of-Credit Rights;
`
`
`(xiii) Notes;
`(xiv) other tangible and intangible personal property and Fixtures of the Debtor;
`
`
`
`
`
`
`
`
`
`
`
`
`(xv) to the extent related to any property describedin the clauses(i) through (xiv), all books,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`correspondence, loan files, records, invoices, and other papers, including without limitation all tapes,
`
`
`
`
`
`
`
`
`
`
`
`
`cards, computer runs, and other papers and documents in the possession or under the control of the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`Debtor or any computer service company from time to time acting for the Debtor; and
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`(xvi) cash and non-cash Proceeds ofany and all of the foregoing.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Account” has the meaning given such term in Section 9.102(a)(2) of the UCC.
`
`
`“Account Debtor” has the meaning given such term in Section 9.102(a)(3) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Certificate of Title” has the meaning given such term in Section 9.102(a)(10) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Certificated Security” has the meaning given such term in Section 8.102(a)(4) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Chattel Paper” has the meaning given such term in Section 9.102(a)(11) of the UCC.
`
`
`
`“Commercial Tort Claim’ has the meaning set forth in Section 9.102(a)(13) of the UCC, and
`
`
`
`
`
`
`
`
`
`
`
`
`shall include, without limitation, all of the specifically described actions, litigation, proceedings
`
`
`
`
`
`
`
`
`
`
`
`and claims (including any appeals or remands and/or proceedings in connection therewith or
`
`
`
`
`
`
`
`
`
`
`
`
`
`relating thereto or new proceedings arising therefrom) identified on Schedule 1.2 attached hereto
`
`
`
`
`
`
`
`
`
`
`
`
`
`(which Schedule 1.2 is incorporated herein by this reference as though fully set forth herein, and
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`as such Schedule 1.2 may be amended or amended andrestated from timeto time).
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Commodity Account” has the meaning given such term in Section 9.102(a)(14) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Commodity Contract” has the meaning given such term in Section 9.102(a)(15) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Commodity Intermediary” has the meaning given such term in Section 9.102(a)(17) of the UCC.
`
`
`“Copyright Collateral”shall mean all Copyrights, whether now ownedor hereafter acquired by the
`
`
`
`
`
`
`
`
`
`
`
`
`Debtor.
`
`“Copyrights” shall mean all copyrights, copyright registrations, and applications for copyright
`
`
`
`
`
`
`
`
`
`
`registrations, including, withoutlimitation,all renewals and extensions thereof, the right to recover
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`for all past, present, and future infringements thereof, and all other rights of any kind whatsoever
`
`
`
`
`
`accruing thereunderor pertaining thereto.
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Deposit Account” has the meaning given such term in Section 9.102(a)(29) of the UCC.
`
`“Documents” has the meaning given such term in Section 9.102(a)(30) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Entitlement Holder”has the meaning given such term in Section 8.102(a)(7) of the UCC.
`
`
`“Entitlement Order” has the meaning given such term in Section 8.102(a)(8) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`4214928v1 | 101334-0002
`
`
`
`
`
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 10 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 10 of 20
`
`
`
`
`
`
`
`
`
`
`
`“Equipment”has the meaning given such term in Section 9.102(a)(33) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`“Equity Collateral”shall mean Pledged Equity and Pledged Equity Proceeds.
`
`
`
`
`
`
`
`
`
`
`“Event of Default” shall have the meaning specified in Section 15 of this Agreement.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Financial Asset” has the meaning given such term in Section 8.102(a)(9) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Fixtures”has the meaning given such term in Section 9.102(a)(41) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`“General Intangibles” has the meaning given such term in Section 9.102(a)(42) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Goods”has the meaning given such term in Section 9.102(a)(44) of the UCC,and shall include
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`Motor Vehicles.
`“Instruments” has the meaning given such term in Section 9.102(a)(47) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Intellectual Property”shall mean,collectively, all Copyright Collateral, all Patent Collateral, and
`
`
`
`
`
`
`
`
`
`
`
`
`all Trademark Collateral, together with (a) all inventions, processes, production methods, proprietary
`
`
`
`
`
`
`
`
`
`
`
`information, know-how, and trade secrets; (b) all licenses or useror other agreements granted to the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`Debtorwith respect to any ofthe foregoing, in each case whether now orhereafter owned or used;(c)
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`all information, customerlists, identification of suppliers, data, plans, blueprints, specifications,
`
`
`
`
`
`
`
`
`
`
`
`designs, drawings, recorded knowledge, surveys, engineering reports, test reports, manuals, materials
`
`
`
`
`
`
`
`
`
`
`
`standards, processing standards, performance standards, catalogs, computer and automatic machinery
`
`
`
`
`
`
`
`
`
`
`software and programs,splash screens, films, masters, and artwork, (d) all field repair data, sales
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`data, and other information relating to sales or service ofproducts now or hereafter manufactured; (e)
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`all accounting information and all media in which or on which any information or knowledgeordata
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`or records may berecordedor stored and all computer programsused for the compilation or printout
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`of such information, knowledge, records, or data; and(f) all licenses, consents, permits, variances,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`certifications, and approvals of governmental agencies nowor hereafter held by the Debtor.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Inventory” has the meaning given such term in Section 9.102(a)(48) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`“Investment Property” has the meaning given such term in 9.102(a)(49) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Letter-of-Credit Right” has the meaning given such term in Section 9.102(a)(51) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Lien”shall meana pledge, assignment, lien, charge, mortgage, encumbrance, or other security
`
`
`
`
`
`
`
`
`
`
`
`
`interest obtained under this Agreementor under any other agreementor instrument with respect to
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`any present or future assets, property, contract rights, or revenues in order to secure the paymentof
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`indebtedness of the party referred to in the context in which the term is used.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Motor Vehicles” shall mean motorvehicles, tractors, trailers, and other like property, whether or
`
`
`
`
`
`
`
`
`
`
`
`
`
`notthetitle thereto is governed bya certificate oftitle or ownership.
`
`
`
`
`
`
`
`
`
`
`
`
`“Notes”shall mean all Promissory Notes or other debt instruments (including, without limitation,
`
`
`
`
`
`
`
`
`
`
`
`
`
`bonds and debentures of any nature whatsoever) from time to time issued to, or held by, the Debtor.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Obligations” shall mean (i) (x) the principal of and interest on the Secured Note and (y) all other
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`obligations and liabilities (including, without limitation, indemnities, Fees and interest thereon)of the
`
`
`
`
`
`
`
`
`
`
`
`
`Debtor, whether now existing or hereafterincurred, under, arising out of, or in connection with, the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`Secured Note or otherwise and the due performance and compliance by the Debtor with all ofthe
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`terms, conditions, and agreements contained in the Secured Note;(ii) any and all sums advanced by
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`the Secured Party in orderto preserve the Collateral or preserve its Lien and security interest in the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`Collateral; (iii) in the event of any proceeding for the collection or enforcementof any indebtedness,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`obligations, orliabilities referred to in clauses (i) and(ii) above, the reasonable expenses of any
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`exercise by the Secured Party ofits rights hereunder, together with reasonable attorneys’ fees and
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`court costs; and (iv) to the extent not otherwise included in clauses(i),(ii), and (iii) above,the
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`Debtor’s obligations set forth in Section 22.
`“Patent Collateral” shall mean all Patents, whether now ownedor hereafter acquired by the Debtor.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Patents”shall meanall patents and patent applications, including, without limitation, the inventions
`
`
`
`
`
`
`
`
`
`
`
`
`and improvements described and claimed therein together with the reissues, divisions, continuations,
`
`
`
`
`
`
`
`
`
`
`
`
`renewals, extensions, and continuations-in-part thereof, all income, royalties, damages, and payments
`
`
`
`
`
`
`
`
`
`
`now or hereafter due and/or payable under and with respect thereto, including, without limitation,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`4214928v1 | 101334-0002
`
`
`
`
`
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 11 of 20
`Case 5:18-md-02834-BLF Document 747-4 Filed 04/26/22 Page 11 of 20
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`damages and payments for past or future infringements thereof, the right to sue for past, present, and
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`future infringements thereof, andall rights corresponding thereto throughout the world.
`
`
`
`
`
`
`
`
`
`
`
`“Pledged Equity” shall mean (i) the shares of stock of, or partnership and other ownership interest
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`in, any entity, and (ii) all ownership interests of any class or character of a successor entity formed by
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`or resulting from a consolidation or merger in which any such issueris not the surviving entity; in
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`each case, whether now or hereafter owned by the Debtor, together with any certificates evidencing
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`of the foregoing.
`
`
`
`“Pledged Equity Proceeds” shall meanall shares, securities, moneys, or property representing a
`
`
`
`
`
`
`
`
`
`
`
`
`dividendon anyofthe Pledged Equity, or representing a distribution or return of capital uponor in
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`respectof the Pledged Equity, or resulting from a split-up,revision, reclassification, or otherlike
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`change of the Pledged Equity or otherwise received in exchangetherefor, and any subscription
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`warrants, rights, or options issued to the holders of, or otherwise in respect of, the Pledged Equity.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Proceeds”has the meaning given such term in Section 9.102(a)(65) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Promissory Notes”has the meaning given such term in Section 9.102(a)(66) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Securities”has the meaning given such term in Section 8.102(a)(15) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Securities Account” has the meaning given such term in Section 8.501 (a) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`“Securities Intermediary” has the meaning given such term in Section 8.102(a)(14) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Security Entitlement” has the meaning given such term in Section 8.102(a)(17) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Trademark Collateral”shall mean all Trademarks, whether now owned or hereafter acquired by
`
`
`
`
`
`
`
`
`
`
`
`
`the Debtor. Notwithstanding the foregoing, the Trademark Collateral does not and shall not include
`
`
`
`
`
`
`
`
`
`
`
`
`
`any Trademark that would be rendered invalid, abandoned, void, or unenforceable by reasonofits
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`being included as part of the Trademark Collateral.
`
`
`
`
`
`
`
`
`“Trademarks”shall mean all trade names, trademarks and service marks, logos, domain names,
`
`
`
`
`
`
`
`
`
`
`
`
`trademark and service mark registrations, and applications for trademark and service mark
`
`
`
`
`
`
`
`
`
`
`
`
`registrations, including, without limitation, all renewals of trademark and service mark registrations,
`
`
`
`
`
`
`
`
`
`
`
`all rights corresponding thereto throughoutthe world, the right to recoverforall past, present, and
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`future infringements thereof, all other rights of any kind whatsoever accruing thereunderor
`
`
`
`
`
`
`
`
`
`
`
`
`
`pertaining thereto, together, in each case, with the product lines and goodwill of the business
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`connected with the use of, and symbolized by, each such trade name, trademark, and service mark.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`“UCC”shall mean the Uniform Commercial Code as in effect in the State of Texas from time to
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`time.
`
`
`
`
`
`
`
`
`
`
`
`
`
`“Uncertificated Security” has the meaning given such term in Section 8.102(a)(18) of the UCC.
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`Commercial Tort Claims
`
`
`
`To the extent that such actions, litigation, proceedings and claims are Commercial Tort Claims,
`
`
`
`
`
`
`
`
`
`
`
`
`
`
`all tort claims where the indicated defendants, and each of them, amo