STOCK PLEDGE AND SECURITY AGREEMENTStock Pledge and Security Agreement • May 3rd, 2010 • Axis Technologies Group Inc • Power, distribution & specialty transformers • Tennessee
THIS STOCK PLEDGE AND SECURITY AGREEMENT (“Agreement”) is made as of the 22nd day of April, 2010, by DHAB, LLC, a Tennessee limited liability company (the “Pledgor” or “Borrower”) in favor of AXIS TECHNOLOGIES GROUP, INC., a Delaware corporation (“AXIS”).
AMENDMENT AGREEMENTAmendment Agreement • May 3rd, 2010 • Axis Technologies Group Inc • Power, distribution & specialty transformers • New York
This Amendment Agreement (this “Agreement”), dated as of December 30, 2009, is entered into by and among Axis Technologies Group, Inc., a Delaware corporation (the “Company”), Axis Technologies, Inc., a Delaware corporation and wholly-owned subsidiary of the Company (“Guarantor”), GEMINI STRATEGIES, LLC, a Delaware limited liability company (the “Collateral Agent”), and GEMINI MASTER FUND, LTD., a Cayman Islands corporation (the “Investor”). The Company and the Guarantor are sometimes referred to herein individually as an “Axis Entity” and collectively as the “Axis Entities”.
AXIS JOINT VENTURE AGREEMENTJoint Venture Agreement • May 3rd, 2010 • Axis Technologies Group Inc • Power, distribution & specialty transformers • Tennessee
THIS AXIS JOINT VENTURE AGREEMENT (“Agreement”) is made as of the 22nd,day of April, 2010, (“Effective Date”) by and between AXIS TECHNOLOGIES GROUP, INC. (“ATG”) and AXIS TECHNOLOGIES, INC. (“AT” and collectively with ATG referred to as “AXIS”) and IRC – INTERSTATE REALTY CORPORATION (“IRC”), and is joined herein by DHAB, LLC for the limited purposes set forth herein, but not as a joint venture partner with AXIS or with IRC.
SECURITY AGREEMENT (Axis)Security Agreement • May 3rd, 2010 • Axis Technologies Group Inc • Power, distribution & specialty transformers • Tennessee
THIS SECURITY AGREEMENT dated the 22nd day of April, 2010, by and between IRC – Interstate Realty Corporation, a Tennessee corporation, whose address is 2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN 38118 (hereinafter collectively called “Secured Party”) and Axis Technologies, Inc. and Axis Technologies Group, Inc., both Delaware corporations, whose address is 2055 South Folsom Street, Lincoln, NE 68522 (hereinafter collectively called “Debtor” or “Pledgor”).
