Common Contracts

SECURITY AGREEMENT Dated as of September 19, 2011

Security Agreement • September 23rd, 2011 • Prospect Global Resources Inc. • General bldg contractors - residential bldgs • Colorado

• Contract Type
  Security Agreement
• Filed
  September 23rd, 2011
• Company
  Prospect Global Resources Inc.
• Industry
  General bldg contractors - residential bldgs
• Jurisdiction
  Colorado

AMENDED AND RESTATED SECURITY AGREEMENT Dated as of April 25, 2011

Security Agreement • April 26th, 2011 • Prospect Global Resources Inc. • General bldg contractors - residential bldgs • Colorado

• Contract Type
  Security Agreement
• Filed
  April 26th, 2011
• Company
  Prospect Global Resources Inc.
• Industry
  General bldg contractors - residential bldgs
• Jurisdiction
  Colorado

WHEREAS, the undersigned, Prospect Global Resources Inc., a Delaware corporation (the “Debtor”), has previously assigned and granted to Richard Merkin (“Merkin”) a security interest in the Collateral (as defined below) pursuant to a Security Agreement dated as of January 24, 2011 and to COR Capital LLC, as investment advisor on behalf of the COR US Equity Income Fund (“COR”) pursuant to an Amended and Restated Security Agreement dated as of March 11, 2011 (the “Previous Agreement”);

AMENDED AND RESTATED SECURITY AGREEMENT Dated as of March 11, 2011

Security Agreement • March 17th, 2011 • Prospect Global Resources Inc. • General bldg contractors - residential bldgs • Colorado

• Contract Type
  Security Agreement
• Filed
  March 17th, 2011
• Company
  Prospect Global Resources Inc.
• Industry
  General bldg contractors - residential bldgs
• Jurisdiction
  Colorado

WHEREAS, the undersigned, Prospect Global Resources Inc., a Delaware corporation (the “Debtor”), has previously assigned and granted to Richard Merkin ("Merkin") a security interest in the Collateral (as defined below) pursuant to a Security Agreement dated as of January 24, 2011 (the "Original Agreement");