SECURITY AGREEMENTSecurity Agreement • July 16th, 2010 • Applied Dna Sciences Inc • Industrial organic chemicals • New York
Contract Type FiledJuly 16th, 2010 Company Industry JurisdictionSECURITY AGREEMENT, dated as of July 15, 2010 (this “Agreement”) made by APPLIED DNA SCIENCES, INC., a Delaware corporation (the “Grantor”), in favor of ETICO CAPITAL, LLC., a limited liability company organized under the laws of the Delaware, in its capacity as collateral agent (in such capacity, the “Collateral Agent”) for the “Buyers” (as defined below) party to the Securities Purchase Agreement, dated as of even date herewith (as amended, restated or otherwise modified from time to time, the “Securities Purchase Agreement”).
SECURITY AGREEMENTSecurity Agreement • July 16th, 2010 • Applied Dna Sciences Inc • Industrial organic chemicals • New York
Contract Type FiledJuly 16th, 2010 Company Industry JurisdictionSECURITY AGREEMENT, dated as of July 15, 2010 (this “Agreement”) made by APDN (B.V.I.) INC., a corporation organized under the laws of the British Virgin Islands (the “Grantor”), in favor of ETICO CAPITAL, LLC., a limited liability company organized under the laws of the Delaware, in its capacity as collateral agent (in such capacity, the “Collateral Agent”) for the “Buyers” (as defined below) party to the Securities Purchase Agreement, dated as of even date herewith (as amended, restated or otherwise modified from time to time, the “Securities Purchase Agreement”).