SECURITY AGREEMENTSecurity Agreement • November 30th, 2010 • Palm Harbor Homes Inc /Fl/ • Prefabricated wood bldgs & components • Delaware
This SECURITY AGREEMENT (this “Agreement”) is made as of November 29, 2010 by and among Palm Harbor Homes, Inc., a Florida corporation (as referred to herein, the “PHH”) and each of the direct and indirect Subsidiaries of PHH set forth on Schedule I-A hereto (PHH or any such Subsidiary individually being a “Grantor” and collectively being the “Grantors”) in favor of Fleetwood Homes, Inc., a Delaware corporation (the “Secured Party”).
