SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
KATY INDUSTRIES, INC.
---------------------
(Name of Issuer)
COMMON STOCK, $1.00 par value per share
---------------------------------------
(Title of Class of Securities)
486-026-107
-----------
(CUSIP Number)
Mr. Christopher Lacovara
KKTY Holding Company, L.L.C.
c/o Kohlberg & Co., L.L.C.
111 Radio Circle
Mount Kisco, New York 10549
(914) 241-7430
--------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
With Copies to:
Raul Grable, Esq.
Hunton & Williams
200 Park Avenue
New York, New York 10166-0136
June 2, 2001
------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement
on Schedule 13G to report the acquisition which is the
subject of this Schedule 13D, and is filing this
schedule because of Rules 13d-1(e), (f) or (g),
check the following box [_].
Page 1 of 13 Pages
----------------------------- --------------------------
CUSIP NO. 486-026-107 13D Page 2 of 13 Pages
----------------------------- --------------------------
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NAME OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
KKTY Holding Company, L.L.C. (13-4162459)
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,480,000*
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,480,000*
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
17,000* [X]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
29.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
OO
------------------------------------------------------------------------------
* The reporting person expressly disclaims beneficial ownership of any shares
other than the shares owned of record, if any, by the reporting person. The
filing of this statement shall not be deemed to be an admission that the
reporting person is, for the purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
----------------------------- --------------------------
CUSIP NO. 486-026-107 13D Page 3 of 13 Pages
----------------------------- --------------------------
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NAME OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kohlberg Investors IV, L.P. (13-4134452)
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,480,000*
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,480,000*
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
17,000* [X]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
29.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
PN
------------------------------------------------------------------------------
* The reporting person expressly disclaims beneficial ownership of any shares
other than the shares owned of record, if any, by the reporting person. The
filing of this statement shall not be deemed to be an admission that the
reporting person is, for the purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
------------------------ ----------------------
CUSIP NO. 486-026-107 13D Page 4 of 13 Pages
------------------------ ----------------------
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NAME OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kohlberg TE Investors IV, L.P. (13-4147089)
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,480,000*
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0*
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,480,000*
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
17,000* [X]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
29.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
PN
------------------------------------------------------------------------------
* The reporting person expressly disclaims beneficial ownership of any shares
other than the shares owned of record, if any, by the reporting person. The
filing of this statement shall not be deemed to be an admission that the
reporting person is, for the purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
------------------------ ----------------------
CUSIP NO. 486-026-107 13D Page 5 of 13 Pages
------------------------ ----------------------
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NAME OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kohlberg Offshore Investors IV, L.P. (13-4169836)
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,480,000*
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,480,000*
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
17,000* [X]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
29.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
PN
------------------------------------------------------------------------------
* The reporting person expressly disclaims beneficial ownership of any shares
other than the shares owned of record, if any, by the reporting person. The
filing of this statement shall not be deemed to be an admission that the
reporting person is, for the purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
-------------------------- 13D -------------------------
CUSIP NO. 486-026-107 Page 6 of 13 Pages
-------------------------- -------------------------
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NAME OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kohlberg Partners IV, L.P. (13-4134599)
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,480,000*
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,480,000*
------------------------------------------------------------------------------
CHECK [_] IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
17,000* [X]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
29.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
PN
------------------------------------------------------------------------------
* The reporting person expressly disclaims beneficial ownership of any shares
other than the shares owned of record, if any, by the reporting person. The
filing of this statement shall not be deemed to be an admission that the
reporting person is, for the purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
-------------------------- 13D -------------------------
CUSIP NO. 486-026-107 Page 7 of 13 Pages
-------------------------- -------------------------
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NAME OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kohlberg Management IV, L.L.C (13-4134598)
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,480,000*
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,480,000*
------------------------------------------------------------------------------
CHECK [_] IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
17,000* [X]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
29.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
OO
------------------------------------------------------------------------------
* The reporting person expressly disclaims beneficial ownership of any shares
other than the shares owned of record, if any, by the reporting person. The
filing of this statement shall not be deemed to be an admission that the
reporting person is, for the purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
-------------------------- 13D -------------------------
CUSIP NO. 486-026-107 Page 8 of 13 Pages
-------------------------- -------------------------
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NAME OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
James A. Kohlberg
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 2,480,000*
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,480,000*
------------------------------------------------------------------------------
CHECK [_] IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
17,000* [X]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
29.5%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
IN
------------------------------------------------------------------------------
* The reporting person expressly disclaims beneficial ownership of any shares
other than the shares owned of record, if any, by the reporting person. The
filing of this statement shall not be deemed to be an admission that the
reporting person is, for the purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any securities
covered by this statement.
This Amendment No. 2 (this "Amendment") amends and supplements the
Statement on Schedule 13D, dated March 29, 2001 and filed on April 9, 2001, as
amended by the Tender Offer Statement on Schedule TO filed on April 25, 2000
(the "Original Schedule 13D"), relating to the common stock, par value $1.00 per
share (the "Shares"), of Katy Industries, Inc., a Delaware corporation (the
"Issuer"). KKTY Holding Company, L.L.C., a Delaware limited liability company
("KKTY Holding Company"), Kohlberg Investors IV, L.P., a Delaware limited
partnership ("Investors IV"), Kohlberg TE Investors IV, L.P., a Delaware limited
partnership ("TE Investors IV"), Kohlberg Offshore Investors IV, L.P., a
Delaware limited partnership ("Offshore Investors IV"), Kohlberg Partners IV,
L.P., a Delaware limited partnership ("Partners IV" and, collectively with
Investors IV, TE Investors IV and Offshore Investors, "Kohlberg Fund IV"),
Kohlberg Management IV, L.L.C., a Delaware limited liability company ("Kohlberg
Management IV"), and James A. Kohlberg, a United States citizen ("Mr. Kohlberg"
and, together with KKTY Holding Company, Kohlberg Fund IV, Kohlberg Management
IV and Mr. Kohlberg, the "Reporting Persons"), are filing this Amendment to
update the information in the Original Schedule 13D with respect to the
beneficial ownership of the Shares by the Reporting Persons.
Item 4. Purpose of Transaction.
----------------------
Item 4 of the Original Schedule 13D is hereby amended and supplemented as
follows:
"On June 2, 2001, KKTY Holding Company and the Issuer terminated the
Recapitalization Agreement by mutual written consent pursuant to a Termination
Agreement (the "Termination Agreement"). The execution of the Termination
Agreement by KKTY Holding Company and the Issuer also caused the termination of
the Offer and the Voting Agreement. The Termination Agreement is attached
hereto as Exhibit 2.2 and is incorporated herein by reference.
Also on June 2, 2001, KKTY Holding Company and the Issuer entered into a
new Preferred Stock Purchase and Recapitalization Agreement (the "New
Recapitalization Agreement") pursuant to which KKTY Holding Company has agreed
to buy from the Issuer 700,000 Preferred Shares at $100 per share (the "Amended
Preferred Stock Purchase"). The New Recapitalization Agreement is attached
hereto as Exhibit 2.3 and is incorporated herein by reference.
KKTY Holding Company may, at its option and subject to the terms described
in Annex C to the New Recapitalization Agreement, convert the 700,000 Preferred
Shares into 11,666,666 shares of the Issuer's common stock at a ratio of 16.67
shares of common stock per Preferred Share (which, based on the $100 purchase
price for a Preferred Share, is the equivalent of $6.00 per share of common
stock). The 11,666,666 shares of common stock would represent 58.2% of the
outstanding shares of the Issuer's common stock calculated on a fully diluted
basis (excluding outstanding options) after giving effect to the conversion.
KKTY Holding Company will be entitled to receive payment-in-kind dividends (that
is, dividends in the form of additional Preferred Shares) at a rate of 15% per
annum (compounded annually) for three years and five months following the
closing of the Amended Preferred Stock Purchase. During the three year and five
month period, KKTY Holding Company will receive an additinal 431,555 Preferred
Shares.
Page 9 of 13 Pages
Upon the conversion of these additional Preferred Shares, KKTY Holding Company
would receive an additional 7,192,598 shares of the Issuer's common stock which,
together with the 11,666,666 shares of common stock issuable upon the conversion
of the 700,000 Preferred Shares, would represent 69.2% of the outstanding shares
of the Issuer's common stock calculated on a fully diluted basis (excluding
outstanding options) after giving effect to the conversion.
On June 2, 2001, KKTY Holding Company entered into a new Stock Voting
Agreement with the Agreement Stockholders (the "New Voting Agreement"). Under
the New Voting Agreement, until the earlier of the closing of the New Preferred
Stock Purchase or the termination of the New Voting Agreement, the Agreement
Stockholders have agreed to vote 2,480,000 of their Shares in favor of or
against certain proposals relating to the New Preferred Stock Purchase and the
New Recapitalization Agreement that the Agreement Stockholders may be requested
to vote upon at an annual or special meeting of the Issuer's stockholders or in
connection with any consent solicitation in accordance with the terms and
conditions of the New Voting Agreement. Until the earlier of the conversion by
KKTY Holding Company of any Preferred Shares or the termination of the New
Voting Agreement, the Agreement Stockholders have also agreed to vote 2,480,000
of their Shares in favor of the election of all directors nominated by the
Issuer's board of directors then in office, including, without limitation, each
nominee for director designated by KKTY Holding Company. The Reporting Persons
have no dispositive power with respect to any of the 2,480,000 Shares subject to
the New Voting Agreement. The New Voting Agreement is attached hereto as Exhibit
9.2 and is incorporated herein by reference."
Item 5. Interest in Securities of the Issuer.
-------------------------------------
Item 5(c) of the Original Schedule 13D is hereby amended and supplemented
as follows:
"(c) Except as disclosed in the Original Schedule 13D or in this Amendment,
during the past 60 days, none of the Reporting Persons nor, to the best
knowledge of any of the Reporting Persons, any of the persons set forth on
Appendix A, has effected any transactions in the Shares."
Item 7 Material to be Filed as Exhibits.
---------------------------------
The following documents are being filed as exhibits to this statement and are
incorporated herein by reference:
Exhibit 2.2 Termination Agreement, dated June 2, 2001, by and between
KKTY Holding Company, L.L.C. and Katy Industries, Inc.
(previously filed as Exhibit (d)(5) to Amendment No. 4 to
the Tender Offer Statement on Schedule TO filed by the
Reporting Persons and Kohlberg & Co., L.L.C. with the
Securities and Exchange Commission on June 4, 2001 and
incorporated herein by reference).
Exhibit 2.3 Preferred Stock Purchase and Recapitalization Agreement,
dated June 2, 2001, by and between KKTY Holding Company,
L.L.C. and Katy
Page 10 of 13 Pages
Industries, Inc. (previously filed as Annex B to the
Issuer's Definitive Proxy Statement on Schedule 14A filed
with the Securities and Exchange Commission on June 8, 2001
and incorporated herein by reference).
Exhibit 9.2 Stock Voting Agreement, dated June 2, 2001, by and among
KKTY Holding Company, L.L.C. and certain members of the
Wallace E. Carroll, Jr. family, trusts for the benefit of
family members and entities associated with the Carroll
family (previously filed as Annex D to the Issuer's
Definitive Proxy Statement on Schedule 14A filed with the
Securities and Exchange Commission on June 8, 2001 and
incorporated herein by reference).
Exhibit 99.1 Joint Filing Agreement, dated April 9, 2001, by and among
KKTY Holding Company, L.L.C., Kohlberg Investors IV, L.P.,
Kohlberg TE Investors IV, L.P., Kohlberg Offshore Investors
IV, L.P., Kohlberg Partners IV, L.P., Kohlberg Management
IV, L.L.C. and James A. Kohlberg (previously filed as
Exhibit 99.1 to the Statement on Schedule 13D filed by the
Reporting Persons with the Securities and Exchange
Commission on April 9, 2001 and incorporated herein by
reference).
Page 11 of 13 Pages
SIGNATURE
---------
After reasonable inquiry and to the best of their knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Date: June 8, 2001 KKTY HOLDING COMPANY, L.L.C.
By: /s/ Christopher Lacovara
----------------------------------
Christopher Lacovara
Authorized Manager
Date: June 8, 2001 KOHLBERG INVESTORS IV, L.P.
By: Kohlberg Management IV, L.L.C.,
its General Partner
By: /s/ James A. Kohlberg
----------------------------------
James A. Kohlberg
Managing Member
Date: June 8, 2001 KOHLBERG TE INVESTORS IV, L.P.
By: Kohlberg Management IV, L.L.C.,
its General Partner
By: /s/ James A. Kohlberg
----------------------------------
James A. Kohlberg
Managing Member
Page 12 of 13 Pages
Date: June 8, 2001 KOHLBERG OFFSHORE
INVESTORS IV, L.P.
By: Kohlberg Management IV, L.L.C.,
its General Partner
By: /s/ James A. Kohlberg
----------------------------------
James A. Kohlberg
Managing Member
Date: June 8, 2001 KOHLBERG PARTNERS IV, L.P.
By: Kohlberg Management IV, L.L.C.,
its General Partner
By: /s/ James A. Kohlberg
----------------------------------
James A. Kohlberg
Managing Member
Date: June 8, 2001 KOHLBERG MANAGEMENT IV, L.L.C.
By: /s/ James A. Kohlberg
----------------------------------
James A. Kohlberg
Managing Member
Date: June 8, 2001 /s/ James A. Kohlberg
--------------------------------------
James A. Kohlberg
Page 13 of 13 Pages
EXHIBIT INDEX
-------------
Exhibit Number Exhibit
-------------- -------
Exhibit 2.2 Termination Agreement, dated June 2, 2001, by and between
KKTY Holding Company, L.L.C. and Katy Industries, Inc.
(previously filed as Exhibit (d)(5) to Amendment No. 4 to
the Tender Offer Statement on Schedule TO filed by the
Reporting Persons and Kohlberg & Co., L.L.C. with the
Securities and Exchange Commission on June 4, 2001 and
incorporated herein by reference).
Exhibit 2.3 Preferred Stock Purchase and Recapitalization Agreement,
dated June 2, 2001, by and between KKTY Holding Company,
L.L.C. and Katy Industries, Inc. (previously filed as Annex
B to the Issuer's Definitive Proxy Statement on Schedule 14A
filed with the Securities and Exchange Commission on June 8,
2001 and incorporated herein by reference).
Exhibit 9.2 Stock Voting Agreement, dated June 2, 2001, by and among
KKTY Holding Company, L.L.C. and certain members of the
Wallace E. Carroll, Jr. family, trusts for the benefit of
family members and entities associated with the Carroll
family (previously filed as Annex D to the Issuer's
Definitive Proxy Statement on Schedule 14A filed with the
Securities and Exchange Commission on June 8, 2001 and
incorporated herein by reference).
Exhibit 99.1 Joint Filing Agreement, dated April 9, 2001, by and among
KKTY Holding Company, L.L.C., Kohlberg Investors IV, L.P.,
Kohlberg TE Investors IV, L.P., Kohlberg Offshore Investors
IV, L.P., Kohlberg Partners IV, L.P., Kohlberg Management
IV, L.L.C. and James A. Kohlberg (previously filed as
Exhibit 99.1 to the Statement on Schedule 13D filed by the
Reporting Persons with the Securities and Exchange
Commission on April 9, 2001 and incorporated herein by
reference).