SECURITY AGREEMENTSecurity Agreement • September 14th, 2012 • Dataram Corp • Computer storage devices • New Jersey
This SECURITY AGREEMENT, dated as of July 30, 2012 (as amended, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this "Agreement"), made by and among Shoreline Memory Inc., an Ontario corporation ("Shoreline"), and Shoreline Capital Management Ltd., an Ontario corporation (“Capital”), (Capital together with Shoreline, collectively the “Grantor”) in favor of Dataram Corporation, a New Jersey corporation (the “Secured Party”), under that certain Convertible Senior Promissory Note (the “Senior Note”) dated as of the date hereof. Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Senior Note.
