SECURITY AGREEMENTSecurity Agreement • January 22nd, 2009 • Panglobal Brands Inc. • Apparel & other finishd prods of fabrics & similar matl • California
THIS SECURITY AGREEMENT, dated as of January 16, 2009 (the “Security Agreement”), is executed by PANGLOBAL BRANDS INC, a company incorporated under the laws of Delaware (“Debtor”), for the benefit of Providence Wealth Management Ltd, a company incorporated under the laws of the British Virgin Islands (“Secured Party”) with an address c/o Mr. Karim Khoury, Chabrier & Partners (Reed Smith), 3 rue du Mont-Blanc P.O. Box 1363 CH - 1211 Geneva 1 Switzerland;.
REVOLVING LOAN AGREEMENTRevolving Loan Agreement • January 22nd, 2009 • Panglobal Brands Inc. • Apparel & other finishd prods of fabrics & similar matl • California
PROVIDENCE WEALTH MANAGEMENT LTD, a company incorporated under the laws of the British Virgin Islands, with an address c/o Mr. Karim Khoury, Chabrier & Partners (Reed Smith), 3 rue du Mont-Blanc P.O. Box 1363 CH - 1211 Geneva 1 Switzerland;
PARI PASSU AGREEMENTPari Passu Agreement • January 22nd, 2009 • Panglobal Brands Inc. • Apparel & other finishd prods of fabrics & similar matl • California
SINECURE HOLDINGS LIMITED, a company incorporated under the laws of the British Virgin Islands, with an address c/o Le Hoedheu, Nazin, Pontivy, France, and CAPELLA INVESTMENTS INC., a company incorporated under the laws of the State of Nevada, with a business address at 5226 Connaught Drive, Vancouver, BC V6M 3G4, Canada;
