0001193125-07-067674 Sample Contracts

PLEDGE AGREEMENT
Pledge Agreement • March 29th, 2007 • Tri-S Security Corp • Services-detective, guard & armored car services • Florida

THIS PLEDGE AGREEMENT (this “Agreement”), dated as of March 23, 2007, is entered into between Tri-S Security Corporation, and its affiliates The Cornwall Group, Inc., Vanguard Security, Inc., Forestville Corporation, Vanguard Security of Broward County, Inc., On Guard Security and Investigations, Inc., Protection Technologies Corporation, International Monitoring, Inc., Armor Security, Inc., Guardsource Corp. and Virtual Guard Source, Inc. (collectively “Pledgor”) and LSQ Funding Group, L.C. and BRE LLC (individually and collectively “Secured Party”), with reference to the following:

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AMENDMENT AND FORBEARANCE
Amendment and Forbearance Agreement • March 29th, 2007 • Tri-S Security Corp • Services-detective, guard & armored car services • Florida

This AMENDMENT AND FORBEARANCE (“Agreement”) to is entered into as of March 23, 2007 (the “2007 Closing Date”), by and between LSQ Funding Group, L.C. and BRE LLC (collectively, “Lender”), and Tri-S Security Corporation (“TSS”), and each of TSS’s affiliates (“Affiliates”), Paragon Systems, Inc. (“Paragon”), The Cornwall Group, Inc., Vanguard Security, Inc., Forestville Corporation, Vanguard Security of Broward County, Inc., On Guard Security and Investigations, Inc., Armor Security, Inc. (“Armor”), Protection Technologies Corporation, International Monitoring, Inc., Guardsource Corp. and Virtual Guard Source, Inc. (TSS and the Affiliates, collectively, “Borrower”).

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