0001079973-10-000811 Sample Contracts

SECURITY AGREEMENT
Security Agreement • August 3rd, 2010 • PepperBall Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles) • California

This Security Agreement dated July 9, 2010, hereinafter Agreement, is between the undersigned PEPPERBALL TECHNOLOGIES - CA, INC., A Delaware Corporation, hereinafter called "SELLER", and PRIMARY FUNDING CORPORATION , A California Corporation, hereinafter " PFC," hereinafter collectively referred to as the Parties. Said parties, for good and valuable consideration, agree to be bound by the terms and conditions herein.

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INTERCREDITOR AGREEMENT
Intercreditor Agreement • August 3rd, 2010 • PepperBall Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles)

This Intercreditor Agreement (Agreement) is made this day 9th day of July, and entered into between James A. Simpson Foundation, J.A. & G.L. Simpson Trust, dtd May 18, 1988 (Bridge Lender) and Primary Funding Corporation (Primary Funding).

INTERCREDITOR AGREEMENT
Intercreditor Agreement • August 3rd, 2010 • PepperBall Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles)

This Intercreditor Agreement (Agreement) is made this 9th dayof July, 2010, and entered into between __________ (Investor) and Primary Funding Corporation (Primary Funding).

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