0000950123-10-051964 Sample Contracts

SECURITY AGREEMENT

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

• Contract Type
  Security Agreement
• Filed
  May 21st, 2010
• Company
  Ats Medical Inc
• Industry
  Orthopedic, prosthetic & surgical appliances & supplies
• Jurisdiction
  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”).

PLEDGE AGREEMENT

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

• Contract Type
  Pledge Agreement
• Filed
  May 21st, 2010
• Company
  Ats Medical Inc
• Industry
  Orthopedic, prosthetic & surgical appliances & supplies
• Jurisdiction
  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”).