0001104659-05-045358 Sample Contracts

SECURITY AGREEMENT DATED: September 19, 2005
Security Agreement • September 23rd, 2005 • Ballistic Recovery Systems Inc • Aircraft parts & auxiliary equipment, nec • Minnesota

DEBTOR Ballisitc Recovery Systems, Inc. 300 Airport Road South St. Paul, MN 55075 State of Formation: Minnesota State Organizational No.: SECURED PARTY Charles F. Parsons and Aerospace Marketing, Inc. 10440 Schultz Road Ft. Meyers, FL 33908

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