SECURITY AGREEMENTSecurity Agreement • November 15th, 2010 • Paneltech International Holdings, Inc. • Converted paper & paperboard prods (no contaners/boxes) • Oregon
Contract Type FiledNovember 15th, 2010 Company Industry JurisdictionTHIS SECURITY AGREEMENT (“Security Agreement”) is made 11/12/2010, between Paneltech International Holdings, Inc., a Delaware corporation (fka Charleston Basics, Inc.) (“Debtor”) and Collins Timber Company LLC, an Oregon limited liability company (“Secured Party”).