0001144204-04-021460 Sample Contracts

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SUBSIDIARY GUARANTY
Bp International Inc • December 10th, 2004 • Sporting & athletic goods, nec • New York
SECURITY AGREEMENT ------------------ LAURUS MASTER FUND, LTD. BALL PRODUCTS, INC. and BP INTERNATIONAL, INC. Dated: December 2, 2004
Security Agreement • December 10th, 2004 • Bp International Inc • Sporting & athletic goods, nec • New York
December 2, 2004 BP International, Inc. 510 West Arizona Avenue Deland, Florida 32720 Attention: Emmett D. Ball Chief Financial Officer Ball Products, Inc. 510 West Arizona Avenue Deland, Florida 32720 Attention: Emmett D. Ball Chief Financial Officer...
Bp International Inc • December 10th, 2004 • Sporting & athletic goods, nec

Reference is hereby made to that certain Security Agreement dated as of December 2, 2004 by and among BP INTERNATIONAL, INC., a Delaware corporation, BALL PRODUCTS, INC., a Florida corporation and such other subsidiaries of Company named in that certain Security Agreement or which hereafter become a party thereto (together the "Company") and Laurus Master Fund, Ltd. ("Laurus") (the "Security Agreement"). Capitalized terms used but not defined herein shall have the meanings ascribed them in the Security Agreement. Laurus is hereby notifying you of its decision to exercise the discretion granted to it pursuant to Section 2(a)(iii) of the Security Agreement to make a Loan to the Company in the aggregate principal amount of $1,379,000 (the "Overadvance"), in excess of the Formula Amount in effect on the date hereof.

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