FORM OF SECURITY AGREEMENTSecurity Agreement • March 7th, 2005 • Merisel Inc /De/ • Wholesale-computers & peripheral equipment & software • New York
Contract Type FiledMarch 7th, 2005 Company Industry JurisdictionSECURITY AGREEMENT, dated as of March 1, 2005, made by MCEI, LLC, a Delaware limited liability company (“MCEI”), MCEV, LLC, a Delaware limited liability company (“MCEV”; each of MCEI and MCEV, a “Borrower” and, collectively, the “Borrowers”), MERISEL, INC., a Delaware corporation (“Merisel”), MERISEL AMERICAS, INC., a Delaware corporation (“Merisel Americas”), MC24, LLC, a Delaware limited liability company (“MC24”), each of their Subsidiaries (as defined in the Credit Agreement referenced below) from time to time party hereto (each of Merisel, Merisel Americas, MC24 and each such Subsidiary, individually a “Corporate Guarantor” and, collectively, the “Corporate Guarantors”; together with the Borrowers and each Person which may, from time to time, become party hereto as a Grantor, each a “Grantor”, collectively, the “Grantors”), in favor of AMALGAMATED BANK (the “Lender”).
FORM OF SECURITY AGREEMENTSecurity Agreement • March 7th, 2005 • Merisel Inc /De/ • Wholesale-computers & peripheral equipment & software • New York
Contract Type FiledMarch 7th, 2005 Company Industry JurisdictionSECURITY AGREEMENT, dated as of March 1, 2005, made by MC24, LLC (the “Borrower”), MERISEL, INC., a Delaware corporation (“Merisel”), MERISEL AMERICAS, INC., a Delaware corporation (“Merisel Americas”), MCEI, LLC, a Delaware limited liability company (“MCEI”), MCEV, LLC, a Delaware limited liability company (“MCEV”), each of their Subsidiaries (as defined in the Credit Agreement referenced below) from time to time party hereto (each of Merisel, Merisel Americas, MCEI, MCEV and each such Subsidiary, individually a “Corporate Guarantor” and, collectively, the “Corporate Guarantors”; together with the Borrower and each Person which may, from time to time, become party hereto as a Grantor, each a “Grantor”, collectively, the “Grantors”), in favor of AMALGAMATED BANK (the “Lender”).