0000950123-10-051964 Sample Contracts

SECURITY AGREEMENT
Security Agreement • May 21st, 2010 • Ats Medical Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

This Security Agreement (as amended, modified or otherwise supplemented from time to time, this “Security Agreement”), dated as of May 21, 2010, is executed by the companies as signatories hereto (collectively, “Company”), in favor of Medtronic, Inc., a Minnesota corporation (“Secured Party”).

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PLEDGE AGREEMENT
Pledge Agreement • May 21st, 2010 • Ats Medical Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS PLEDGE AGREEMENT (the “Agreement”), dated as of May 21, 2010, is made and given by ATS Medical, Inc., a Minnesota corporation (the “Pledgor”), to Medtronic, Inc., a Minnesota corporation and its endorsees and assigns (the “Lender”).

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