0001043105-07-000005 Sample Contracts

SECURITY AGREEMENT
Security Agreement • January 4th, 2007 • IElement CORP • Services-business services, nec • Texas

FOR VALUE RECEIVED, IELEMENT CORPORATION, a Nevada Corporation referred to as "Debtor”, assigns and grants to RICHARD WILLIAMSON, and its successors and assigns, referred to here as "Secured Party", a security interest in all of the following property:

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MANAGEMENT SERVICES AND VENDOR AGREEMENT
Management Services and Vendor Agreement • January 4th, 2007 • IElement CORP • Services-business services, nec • Texas

THIS MANAGEMENT SERVICES AND VENDOR AGREEMENT is made and entered into as of December 27, 2006 by and among Sutioc Enterprises, Inc., a Nevada corporation(“Sutioc” or the “Company”) and IElement Corporation, a Nevada corporation (together with its permitted assignees, the “Vendor”).

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