Common use of Collateral Defined Clause in Contracts

Collateral Defined. As used in this Agreement: the term -------------------- "Collateral" means (i) _____________ shares of Company common stock held by Mr. Larry Wilcox represented by ▇▇▇▇▇▇▇▇▇▇▇ No. _____________ (which shall be delivered to Secured Party upon execution of this Agreement), (ii) those stock certificates listed on Exhibit "B" which identify and constitute 100% of the Company's ownership in its subsidiaries and (iii) all of the assets of the Company and the entities described and identified on Exhibit A attached hereto wherever located including without limitation, and all proceeds thereof.

Collateral Defined. As used in this Agreement: Agreement the term -------------------- ------------------- "Collateral" means (i) _____________ shares of Company common stock held by Mr. Larry Wilcox represented by ▇▇▇▇▇▇▇▇▇▇▇ No. _____________ (which shall be delivered to Secured Party upon execution of this Agreement), and (ii) those stock certificates listed on Exhibit "B" which identify and constitute 100% of the Company's ownership in its subsidiaries and (iii) all of the assets of the Company and the entities as described and identified on Exhibit A attached hereto wherever located including without limitation, and all proceeds thereof.