Common Contracts

SECURITY AGREEMENT

Security Agreement • July 10th, 2008 • QPC Lasers • Laboratory analytical instruments • New York

• Contract Type
  Security Agreement
• Filed
  July 10th, 2008
• Company
  QPC Lasers
• Industry
  Laboratory analytical instruments
• Jurisdiction
  New York

This SECURITY AGREEMENT, dated as of July 8, 2008 (this “Agreement”), is among QPC Lasers, Inc., a Nevada corporation (the “Debtor”) and the holders of the Debtor’s 10% Original Issue Discount Secured Convertible Debentures due three years following their issuance (collectively, the “Debentures”) signatory hereto, their endorsees, transferees and assigns (collectively, the “Secured Parties”).

SECURITY AGREEMENT

Security Agreement • May 20th, 2008 • QPC Lasers • Laboratory analytical instruments • New York

• Contract Type
  Security Agreement
• Filed
  May 20th, 2008
• Company
  QPC Lasers
• Industry
  Laboratory analytical instruments
• Jurisdiction
  New York

This SECURITY AGREEMENT, dated as of May __, 2008 (this “Agreement”), is among QPC Lasers, Inc., a Nevada corporation (the “Debtor”) and the holders of the Debtor’s 10% Original Issue Discount Secured Convertible Debentures due three years following their issuance (collectively, the “Debentures”) signatory hereto, their endorsees, transferees and assigns (collectively, the “Secured Parties”).