SECURITY AGREEMENT (COPYRIGHTS)
EXHIBIT 10.44
(COPYRIGHTS)
WHEREAS, OPBIZ, L.L.C., a Nevada limited liability company (herein referred to as “Grantor”), has adopted, used and is using the copyrights listed on the annexed Schedule 1 annexed hereto as part hereof, which copyrights are registered in the United States Copyright Office (the “Copyrights”);
WHEREAS, Grantor is obligated to Column Financial, Inc., (referred to herein as the “Grantee”) as defined in the Security Agreement dated as of November [ ], 2006 (the “Security Agreement”) among Grantor, the other Pledgors named therein and the Grantee for the payment and performance of the Secured Obligations (as defined in the Security Agreement); and
WHEREAS, pursuant to the Security Agreement, Grantor has granted to Grantee a security interest in, and mortgage on, all right, title and interest of Grantor in and to the Copyrights, all extensions, continuations, continuations-in-part, renewals and reissues thereof, and all proceeds thereof, including, without limitation, any and all causes of action which may now or hereafter exist by reason of infringement thereof (the “Collateral”), to secure the payment, performance and observance of the Secured Obligations, as defined in the Security Agreement.
NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, Grantor does hereby further assign unto Grantee and grant to Grantee a security interest in, and mortgage on, the Collateral to secure the prompt payment, performance and observance of the Secured Obligations.
Grantor does hereby further acknowledge and affirm that the rights and remedies of Grantee with respect to the security interest in and mortgage on the Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein.
Grantee’s address is 00 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.
1
IN WITNESS WHEREOF, Grantor has caused this Security Agreement to be duly executed by its officer thereunto duly authorized as of the day of November, 2006.
|
OPBIZ, L.L.C., a Nevada limited liability company |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By: |
|
|
|
|
Name: |
|
|
|
Title: |
2
STATE OF )
) ss
County of )
This instrument was acknowledged before me on , 200 , by , as of , a[n] limited liability company, on behalf of such company.
|
(SEAL) |
|
|
|
Notary Public |
|
My commission will expire: |
|
|
|
|
3
SCHEDULE 1 TO SECURITY AGREEMENT
(COPYRIGHTS)
|
Copyright |
|
Application/Registration |
|
Issue Filing |
|
Volume/Page No. |
|
Aladdin |
|
VA 0-000-000 |
|
August 11, 2000 |
|
3514/761 |
|
Genii |
|
VA 0-000-000 |
|
August 11, 2000 |
|
3514/761 |
|
Lantern |
|
VA 0-000-000 |
|
August 11, 2000 |
|
3514/761 |
|
Magic Carpet |
|
VA 0-000-000 |
|
August 11, 2000 |
|
3514/761 |
|
Pegasus |
|
VA 0-000-000 |
|
August 11, 2000 |
|
3514/761 |
|
ROC |
|
VA 0-000-000 |
|
August 11, 2000 |
|
3514/761 |
|
Sheharazade |
|
VA 0-000-000 |
|
August 11, 2000 |
|
3514/761 |
|
Sinbad |
|
VA 0-000-000 |
|
August 11, 2000 |
|
3514/761 |
4
