SECURITY AGREEMENTSecurity Agreement • June 21st, 2007 • Seawright Holdings Inc • Bottled & canned soft drinks & carbonated waters
THIS SECURITY AGREEMENT (this “Agreement”) is made as of the 20th day of June, 2007, by SEAWRIGHT HODLINGS, INC., a Delaware corporation, having a mailing address at 600 Cameron Street, Alexandria, VA 22314, (the “Company”) and JOEL PATRICK SENS, a Virginia resident, having a mailing address of 600 Cameron Street, Alexandria, VA 22314, (“Sens”) (together with the Company, individually and collectively, the “Debtors”), for the benefit and security of DUTCHESS PRIVATE EQUITIES FUND, LTD., having a mailing address at 50 Commonwealth Avenue, Suite 2, Boston, Massachusetts 02116 (the “Secured Party”).
