0000950123-09-034792 Sample Contracts

Contract
VeriChip CORP • August 13th, 2009 • Communications equipment, nec • Florida

THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAW. NEITHER THIS WARRANT NOR THE SECURITIES ISSUABLE UPON EXERCISE HEREOF NOR ANY INTEREST OR PARTICIPATION HEREIN OR THEREIN MAY BE SOLD, ASSIGNED, PLEDGED OR DISPOSED OF EXCEPT IN COMPLIANCE WITH THE SECURITIES ACT OF 1933 AND ALL STATE SECURITIES LAWS AND THE TERMS AND CONDITIONS HEREOF.

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GUARANTY OF COLLECTION
Guaranty of Collection • August 13th, 2009 • VeriChip CORP • Communications equipment, nec • Florida

THIS GUARANTY OF COLLECTION (this “Guaranty”) is made as of June 4, 2009, by WILLIAM J. CARAGOL (the “Guarantor”) to and for the benefit of VERICHIP CORPORATION, a Delaware corporation (“VeriChip”), and solely for purposes of Section 8 hereof, between Guarantor and STEEL VAULT CORPORATION, a Delaware corporation (“Borrower”).

SECURITY AGREEMENT
Security Agreement • August 13th, 2009 • VeriChip CORP • Communications equipment, nec • Florida

This is a Security Agreement (the “Security Agreement”) between National Credit Report.com, LLC, a Florida limited liability company (“Debtor”), and the holder of the Note (defined below) signatory hereto (the “Secured Party”), and is dated as of June 4, 2009.

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