0001144204-06-034135 Sample Contracts

SECURITY AGREEMENT
Security Agreement • August 16th, 2006 • Advance Nanotech, Inc. • Investors, nec • New York

THIS SECURITY AGREEMENT (this "Agreement") is dated as of August 14, 2006, by ADVANCE NANOTECH, INC., a Delaware corporation (the "Grantor"), in favor of JANO HOLDINGS LIMITED, a Gibraltar corporation (the "Lender").

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