EXHIBIT 10.3 SECURITY AGREEMENT SECURITY AGREEMENT, dated as of October 27, 2005 (this "Agreement"), among Velocity Asset Management Inc., a Delaware corporation (the "Company"), J. Holder Inc., a New Jersey corporation and a wholly-owned Subsidiary...Security Agreement • October 31st, 2005 • Velocity Asset Management Inc • Short-term business credit institutions • New York
EXHIBIT 10.2 REGISTRATION RIGHTS AGREEMENT This Registration Rights Agreement (this "Agreement") is made and entered into as of October 27, 2005, among Velocity Asset Management Inc., a Delaware corporation (the "Company"), and the purchasers...Registration Rights Agreement • October 31st, 2005 • Velocity Asset Management Inc • Short-term business credit institutions
EXHIBIT 4.2 NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION...Securities Agreement • October 31st, 2005 • Velocity Asset Management Inc • Short-term business credit institutions
ARTICLE I. DEFINITIONSSecurities Purchase Agreement • October 31st, 2005 • Velocity Asset Management Inc • Short-term business credit institutions • New York
i) The Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantee to the Purchasers and their respective successors, indorsees, transferees and assigns, the prompt and complete payment and performance by the Borrowers when...Subsidiary Guarantee • October 31st, 2005 • Velocity Asset Management Inc • Short-term business credit institutions • New York
EXHIBIT 4.1 NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION...Convertible Security Agreement • October 31st, 2005 • Velocity Asset Management Inc • Short-term business credit institutions • New York
