Common Contracts

SECURITY AGREEMENT

Security Agreement • October 22nd, 2013 • Wound Management Technologies, Inc. • Orthopedic, prosthetic & surgical appliances & supplies • Texas

• Contract Type
  Security Agreement
• Filed
  October 22nd, 2013
• Company
  Wound Management Technologies, Inc.
• Industry
  Orthopedic, prosthetic & surgical appliances & supplies
• Jurisdiction
  Texas

This Security Agreement is made and entered into as of October 15, 2013, by and among Wound Management Technologies, Inc., a Texas corporation (“WTI”), Wound Care Innovations, LLC, a Nevada limited liability company (“WCI”), Resorbable Orthopedic Products, LLC, a Texas limited liability company (“ROP”), and BioPharma Management Technologies, Inc., a Texas corporation (“BMT”), and Brookhaven Medical, Inc., a Delaware corporation (“Lender”), to record the grant of a secu­rity inter­est in all of the tangible and intangible assets of Borrowers (as defined below) as further described herein. WTI, WCI, ROP and BMI are sometimes each referred to herein as a “Borrowers”, and collectively, as the “Borrowers”. Borrowers and Lender are sometimes each referred to herein as a “Party”, and collectively, as the “Parties”.

SECURITY AGREEMENT

Security Agreement • October 15th, 2013 • Wound Management Technologies, Inc. • Orthopedic, prosthetic & surgical appliances & supplies • Texas

• Contract Type
  Security Agreement
• Filed
  October 15th, 2013
• Company
  Wound Management Technologies, Inc.
• Industry
  Orthopedic, prosthetic & surgical appliances & supplies
• Jurisdiction
  Texas

This Security Agreement is made and entered into as of October 10, 2013, by and among Wound Management Technologies, Inc., a Texas corporation (“WTI”), Wound Care Innovations, LLC, a Nevada limited liability company (“WCI”), Resorbable Orthopedic Products, LLC, a Texas limited liability company (“ROP”), and BioPharma Management Technologies, Inc., a Texas corporation (“BMT”), and Brookhaven Medical, Inc., a Delaware corporation (“Lender”), to record the grant of a secu­rity inter­est in all of the tangible and intangible assets of Borrowers (as defined below) as further described herein. WTI, WCI, ROP and BMI are sometimes each referred to herein as a “Borrowers”, and collectively, as the “Borrowers”. Borrowers and Lender are sometimes each referred to herein as a “Party”, and collectively, as the “Parties”.