0001144204-13-063270 Sample Contracts

STOCK OPTION AGREEMENT
Stock Option Agreement • November 20th, 2013 • Brownie's Marine Group, Inc • Sporting & athletic goods, nec • Florida

THIS STOCK OPTION AGREEMENT (the “Agreement”) is made and entered into on October 30, 2013, by and between Brownie’s Marine Group, Inc., a Nevada corporation (the “Company”) and Mikkel Pitzner (“Optionee”).

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LOAN AGREEMENT
Loan Agreement • November 20th, 2013 • Brownie's Marine Group, Inc • Sporting & athletic goods, nec • Florida

THIS LOAN AGREEMENT (the “Agreement”) dated October 30, 2013, is by and among Trebor Industries, Inc., a Florida corporation (“the “Debtor”), Brownie’s Marine Group, Inc., a Florida corporation and Mikkel Pitzner or assigns (the “Lender”).

SECURITY AGREEMENT
Security Agreement • November 20th, 2013 • Brownie's Marine Group, Inc • Sporting & athletic goods, nec • Florida

This Security Agreement (the “Security Agreement”) is entered into on October 30, 2013 by and among TREBOR INDUSTRIES, INC., a Florida company (the “Debtor”) and MIKKEL PITZNER (the “Secured Party”).

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