Master Security Agreement, Collateral Assignment and Equity Pledge Sample Contracts

MASTER SECURITY AGREEMENT, COLLATERAL ASSIGNMENT AND EQUITY PLEDGE
Master Security Agreement, Collateral Assignment and Equity Pledge • May 7th, 2002 • Hearx LTD • Retail-retail stores, nec • New York

THIS MASTER SECURITY AGREEMENT, COLLATERAL ASSIGNMENT AND EQUITY PLEDGE (as defined in Article 6 hereof, along with all other defined terms, this “Security Agreement”) is made and effective as of May , 2002, by EACH “GRANTOR” THAT IS FROM TIME TO TIME LISTED ON SCHEDULE 1 HERETO OR OTHERWISE ADDED AS A SIGNATORY HERETO (each, as more fully defined below, a “Grantor”; collectively, the “Grantors”), in favor of HEARx LTD. (including any successor, participant, assignee, pledgee or transferee thereof, “Lender”).