SECURITY AGREEMENTSecurity Agreement • March 28th, 2005 • P Com Inc • Radio & tv broadcasting & communications equipment • New York
WHEREAS, the Grantor has issued or will issue separate promissory notes to the Secured Parties (the “Notes”) pursuant to a Note and Warrant Purchase Agreement, dated as of November 3, 2004 (the “Purchase Agreement”), by and among the Grantor and the Secured Parties; and
