WEDGWOOD LIMITED: Mortgages

The shares all future and/or increased shares all rights for subscription of new shares (together with the shares) all the current and future rights for the repayment of capital and all proceeds. See the mortgage charge document for full details.

100% of capital share (I.E. 4,000 shares) of waterford wedgwood japan limited (the share collateral). Interest in any share collateral for shares including any new issuance of common shares preferred shares resulting from stock splits class of shares warrants options or other equity investments.

The trademarks referred to in exhibit a to the trademark security agreement (as shown in schedule 1) including without limitation all common law rights therein all registrations ii) all licenses associated with the use of any such trademarks iii) all products and proceeds of the foregoing. See the mortgage charge document for full details.

Fixed and floating charges over all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

The registered intellectual property specified in schedule ii-a to the security agreement for intellectual property or in the schedule to any deed of accession including any such registered intellectual property listed in schedule ii-b to the security agreement for intellectual property or in any schedule to any such deed of accession. See the mortgage charge document for full details.

All the mortgaged property meaning all right title and interest and all entitlements dividends proceeds rights and other benefits in respect of each present security each additional security and each new security. See the mortgage charge document for full details.

Any and all title claims and rights in all intellectual property rights including all present and future trademarks patents utility models designs and domain names. See the mortgage charge document for full details.

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

All present and future trademarks, patents, utility models designs and domain names , all present and future rights to or resulting from the registration of any trademark, patent, utility model and/or design filed by the company, all rights of use for computer software source codes knowhow and business secrets and other intellectual property rights (ip rights) all present and future claims arising from the ip rights, all claims against third parties. See the mortgage charge document for full details.

The ipr collateral. See the mortgage charge document for full details.

All of the trademarks referred to in exhibit a to the agreement including all common law rights, all registrations, all applications for the registration, all renewals and extensions and all goodwill connected with the use of such trademarks, all associated licences, all products and proceeds of the foregoing including any claim against third parties for the infringement of any such trademarks or goodwill. See the mortgage charge document for full details.

Assigns all rights together with any and all ancillary rights and claims pertaining thereto, all inchoate rights it holds in respect of the rights and all rights it will acquire in the future. Assigns all current and future applications of the assignor for registration of any right that has been or will be filed by the assignor and claims pertaining thereto. See the mortgage charge document for full details.

The share pledge includes the rights to receive dividends, payable on the shares, liquidation proceeds, consideration for redemption, repaid capital in case of capital decrease or termination and/or withdrawal of a shareholder of the company and all other claims associated with the shares.. See the mortgage charge document for full details.

If the company receives from a third party a payment or distribution which should have been paid to the security trustee or a creditor the company must promptly pay to the security trustee the amount received by it and required to be prepaid any amount so received by the company from the third party shall be held by it on trust until such payment is made any amount so received by the security trustee will be applied against the debt in the order provided for under the intercreditor. See the mortgage charge document for full details.

All of the grantors right title and interest in to and under the following, all of the trademarks including all common law rights all registrations all applications for the registration all renewals and extensions and all of the goodwill of the business connected with the trademarks all licences associated with the use of any of such trademarks. See the mortgage charge document for full details.

A continuing security interest in the collateral.

All of the right title and interest in and to the shares, all other property hereafter delivered in substitution of any of the shares all certificates and instruments representing or evidencing such other property and all cash securities interest dividends distributions rights and other property. See the mortgage charge document for full details.

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

The company assigns the present security the related rights (as defined) (see form 395 for full details).