Common Contracts

2 similar Security Agreement contracts by Generation Zero Group, Inc., Savoy Energy Corp

SECURITY AGREEMENT
Security Agreement • September 16th, 2011 • Savoy Energy Corp • Crude petroleum & natural gas • Texas

THIS SECURITY AGREEMENT (this “Agreement”), dated as of September __, 2011, by and among Savoy Energy Corporation, a Nevada corporation (the “Company”) and ASL Energy Corp., a Texas corporation and its respective endorsees, transferees and assigns (the “Secured Party”).

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SECURITY AGREEMENT
Security Agreement • July 12th, 2010 • Generation Zero Group, Inc. • Crude petroleum & natural gas • Georgia

THIS SECURITY AGREEMENT (this “Agreement”), dated as of _________, 2010, by and among Generation Zero Group, Inc., a Nevada corporation (the “Company” of “Debtor”) and Scientigo, Inc., a Delaware Corporation, as collateral agent (the “Collateral Agent”) for the benefit of the holders of the Notes (defined below) and their respective endorsees, transferees and assigns (collectively, the “Secured Party” or “Secured Parties”). Each of the holders of the Notes and their respective endoresees, transferees and assigns is a Secured Party under this Agreement, but each Secured Party may act under this Agreement only through the Collateral Agent and actions or consents which may be granted under this Agreement by the Secured Party are taken or granted exclusively by the Collateral Agent or its successor in interest. The Secured Parties have authorized the Collateral Agent to act on their behalf, and for their benefit, as Collateral Agent under this Agreement.

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