SECURITY AGREEMENTSecurity Agreement • May 14th, 2010 • Vyteris, Inc. • Pharmaceutical preparations • New York
This SECURITY AGREEMENT (this “Agreement”), dated as of January __, 2009, is made by and between Vyteris, Inc., a Nevada corporation and its wholly owned subsidiary, Vyteris, Inc., a Delaware corporation (collectively, “Vyteris” or the “Grantor”) Collateral Agents, LLC, a New York limited liability company, in its capacity as collateral agent (the “Collateral Agent”) for the benefit of the holders (the “Noteholders”) of certain notes described below in the aggregate principal amount of up to $10,000,000 to be issued by Vyteris from time to time on and after the date hereof, and each of the Noteholders their endorsees, transferees and assigns all upon terms set forth in that certain Confidential Private Placement Memorandum, dated November 4, 2009, as same may be amended or supplemented from time to time (collectively referred to herein as the “Memorandum”) (the “Memorandum”).
FORM OF COMMON STOCK PURCHASE WARRANTCommon Stock Purchase Warrant • May 14th, 2010 • Vyteris, Inc. • Pharmaceutical preparations
FORM OF SUBSCRIPTION AGREEMENTSubscription Agreement • May 14th, 2010 • Vyteris, Inc. • Pharmaceutical preparations • New York
