0001144204-06-018032 Sample Contracts

SECURITY AGREEMENT
Security Agreement • May 2nd, 2006 • Fusion Telecommunications International Inc • Telephone communications (no radiotelephone) • New York

This SECURITY AGREEMENT (this “Agreement”) is dated as of _____, 2006, and is entered into by and between iFreedom Communications International Holdings, Limited, a corporation organized under the laws of Hong Kong ; IFreedom Communications Corporation, a company organized under the laws of the Philippines; IFreedom Communications (Malaysia) Sdn. Bhd., a corporation organized under the laws of Malaysia ; IFreedom Communications, Inc., a corporation organized under the laws of the State of Delaware iFreedom Communications Hong Kong Limited, a corporation organized under the laws of Hong Kong); iFreedom UK, Ltd., a corporation organized under the laws of the United Kingdom (“UK”) corporation ( collectively the “Company”), and Fusion Telecommunications International, Inc., a New York corporation (“Secured Party”).

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