0001193125-08-047939 Sample Contracts

GENERAL SECURITY AGREEMENT GIVEN BY EP MEDSYSTEMS, INC., AND PROCATH CORPORATION, IN FAVOR OF KELTIC FINANCIAL PARTNERS, LP
General Security Agreement • March 5th, 2008 • Ep Medsystems Inc • Surgical & medical instruments & apparatus • New York

EP MEDSYSTEMS, INC., a New Jersey corporation bearing federal employer identification number 22-3212190 and New Jersey state organizational number 0100541773 and having its principal place of business at 575 Route 73 North, Building D, West Berlin, Camden County, New Jersey 08091 (“MEDSYSTEMS”)

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PATENT SECURITY AGREEMENT
Patent Security Agreement • March 5th, 2008 • Ep Medsystems Inc • Surgical & medical instruments & apparatus • New York

PROCATH CORPORATION, a New Jersey corporation bearing federal employer identification number 22-3261466 and New Jersey state organizational number 0100568383 and having its principal place of business at 575 Route 73 North, Building D, West Berlin, Camden County, New Jersey 08091 (being hereinafter referred to as “Assignor”)

COPYRIGHT SECURITY AGREEMENT
Copyright Security Agreement • March 5th, 2008 • Ep Medsystems Inc • Surgical & medical instruments & apparatus • New York

EP MEDSYSTEMS, INC., a New Jersey corporation bearing federal employer identification number 22-3212190 and New Jersey state organizational number 0100541773 and having its principal place of business at 575 Route 73 North, Building D, West Berlin, Camden County, New Jersey 08091 (being hereinafter referred to as “Grantor”)

TRADEMARK AND TRADENAME SECURITY AGREEMENT
Trademark and Tradename Security Agreement • March 5th, 2008 • Ep Medsystems Inc • Surgical & medical instruments & apparatus • New York

EP MEDSYSTEMS, INC., a New Jersey corporation bearing federal employer identification number 22-3212190 and New Jersey state organizational number 0100541773 and having its principal place of business at 575 Route 73 North, Building D, West Berlin, Camden County, New Jersey 08091 (being hereinafter referred to as “Assignor”)

Contract
Warrant Agreement • March 5th, 2008 • Ep Medsystems Inc • Surgical & medical instruments & apparatus • New York

THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THIS WARRANT AND THE COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THIS WARRANT UNDER SAID ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO EP MEDSYSTEMS INC. THAT SUCH REGISTRATION IS NOT REQUIRED.

REVOLVING/TERM LOAN AGREEMENT between EP MEDSYSTEMS, INC., and PROCATH CORPORATION and KELTIC FINANCIAL PARTNERS, LP Dated: as of February 28, 2008
Revolving/Term Loan Agreement • March 5th, 2008 • Ep Medsystems Inc • Surgical & medical instruments & apparatus • New York

This REVOLVING/TERM LOAN AGREEMENT (as amended, modified or supplemented from time to time, the “Agreement”) made as of February 28, 2008, by and among

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