0000881695-99-000020 Sample Contracts

SECURITY AGREEMENT (PATENTS) WHEREAS, PALOMAR MEDICAL TECHNOLOGIES, INC., a Delaware corporation, with a principal place of business at 45 Hartwell Avenue, Lexington, MA 02421 (the "Company") and FLEET NATIONAL BANK, with a place of business at One...
Security Agreement • March 30th, 1999 • Palomar Medical Technologies Inc • Printed circuit boards

WHEREAS, PALOMAR MEDICAL TECHNOLOGIES, INC., a Delaware corporation, with a principal place of business at 45 Hartwell Avenue, Lexington, MA 02421 (the "Company") and FLEET NATIONAL BANK, with a place of business at One Federal Street, Boston, Massachusetts 02110 (the "Bank") have entered into an Inventory, Accounts Receivable and Intangibles Security Agreement dated November 16, 1998 (the "Security Agreement") and are also parties to a related letter agreement (the "Letter Agreement") between the Bank and the Company; and

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ARTICLE I
Guaranty Agreement • March 30th, 1999 • Palomar Medical Technologies Inc • Printed circuit boards • Massachusetts
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