GRANT OF SECURITY INTEREST IN COPYRIGHT
Exhibit
10.9
This
Grant of Security Interest in Copyright, dated as of June 30, 2009, is made
between CTC Cable Corporation, a Nevada corporation, having a place of business
at 0000 XxXxx Xxxxxx, Xxxxxx, Xxxxxxxxxx 00000 (“Grantor”) and Northlight
Financial LLC, a Delaware, a limited liability company, having a place of
business at 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000,
individually and in its capacity as Collateral Agent (“Secured
Party”);
WHEREAS,
Grantor is the owner of U.S. Copyright Registration No. VA 0-000-000 entitled
“ACCC Composite Core Photograph” (the “Copyright”); and
WHEREAS,
Grantor is obligated to Secured Party under the terms of a certain Security
Agreement among Grantor and Secured Party dated as of June 30, 2009 (the
“Agreement”);
NOW
THEREFORE, pursuant to and in accordance with the terms of the Agreement and in
order to induce the Secured Party to enter into the Agreement, Grantor does
hereby grant Secured Party a security interest in all Grantor’s right, title and
interest in and to: (i) the Copyright, including all applications or
registrations therefor; (ii) all income, royalties, damages and payments now due
or payable or which hereafter become due or payable in respect to thereto; (iii)
all causes of action (in law or equity) and rights to xxx, counterclaim and/or
recover for past, present or future infringement thereof; and (iv) all rights
corresponding to the foregoing throughout the world.
Grantor
hereby agrees to execute all papers and to perform all other proper acts
requested by Secured Party or its successors or assigns to secure to Secured
Party or its successors or assigns the rights hereby transferred.
Grantor
does hereby acknowledge and affirm that the rights and remedies of Secured Party
with respect to the foregoing security interest in the Copyright made and
granted hereby are more fully set forth in the Agreement, the terms and
provisions of which are hereby incorporated herein by reference as if fully set
forth herein, and that this document is subject to the terms and conditions of
the Agreement.
[Signature
Pages Follows]
IN
WITNESS WHEREOF, the undersigned have executed this Grant of Security Interest
in Copyright this ___ day of June, 2009.
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CTC
CABLE CORPORATION
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By:
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Name:
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Title:
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STATE
OF
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COUNTY
OF
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Before
me, the undersigned, a Notary Public of the State of ____________, personally
appeared _________________________, having been sworn by me according to law did
depose and say he/she was the ________________ of CTC Cable
Corporation and did acknowledge the execution of the foregoing Grant of Security
Interest in Copyright on behalf of CTC CABLE CORPORATION.
IN
WITNESS WHEREOF, I have hereunto set my hand and official seal as of this ___ of
June, 2009.
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Notary
Public
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(Notarial
Seal)
2
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NORTHLIGHT
FINANCIAL LLC
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By:
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Name:
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Title:
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STATE
OF
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ss:
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COUNTY
OF
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}
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Before
me, the undersigned, a Notary Public of the State of ____________, personally
appeared ______________________________, having been sworn by me according to
law did depose and say he/she was the _________________ of Northlight
Financial LLC and did acknowledge the execution of the foregoing Grant of
Security Interest in Copyright on behalf of NORTHLIGHT FINANCIAL
LLC.
IN
WITNESS WHEREOF, I have hereunto set my hand and official seal as of this ___ of
June, 2009.
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Notary
Public
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(Notarial
Seal)
3
